The paper analyzes two types of corporate governance system: the insider control system (the bank based system) and the outsider control system (the market based system). The paper focuses on the differences of the systems: ownership structure, financing in the systems, managing body and control...

Energy, or renewable energy sources, is currently a frequently discussed topic. This paper focuses mainly on the economics of photovoltaic energy, specifically valuation of this technology. First, photovoltaic power systems are described, followed by a description of the method of analysis of...

We study tools for management performance measurement for years. Main view of corporate performance is given by its financial outcomes. Our article is focused on causes of why some of our measures were successful and some vere not.

The issue of innovation potential development is topical not only by reason of competitiveness of our companies but also maintaining share market and surviving the current economic crisis. Well managed and successfully introduced innovation into the market represents the tool for the companies,...

This paper addresses the issue of project standby capacity optimization for capital budgeting. A detailed analysis and case study show that this is a particular real-option based situation, which solicits the use of statistical simulation. The method can be recommended as a useful heuristic for...