This paper comments on an editorial on the American crisis published in the New York Times by Professor Casey Mulligan, University of Chicago. According to Mulligan, the crisis is nothing more than a financial fluctuation: the banks should not be bailed out, other financial actors can take care...

We investigate the effect of financial constraints on the investment decisions of Slovenian firms during the current financial and economic crisis. By estimating the error-correction model and the Euler-equation specification, we found that corporate investments were significantly affected by...

The analysis evaluates the basic functions of modern financial managers and important aspects related to their roles in the business environment. In consideration of the global changes within the economic and financial system after 2007, the role of financial managers in corporations...