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The article deals with the phenomenon of globalization and in particular its influence on production chains of … multinational firms. The on-going process of globalization has set off new trends and possibilities of production (e.g. outsourcing …
Persistent link: https://www.econbiz.de/10005049540
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particular levels of it multi-level governance. Debate on Europe's future is, thus, rather simplified at the academic level, and …
Persistent link: https://www.econbiz.de/10005036590
The objective of this article is to provide a survey of basic facts about process of globalization. We can define … globalization as the international economic integration through particular markets. Globalization is largely continual and objective … process that began approximately in the middle of nineteenth century. Main factors determining globalization are technology …
Persistent link: https://www.econbiz.de/10005036652
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The theory "corporate social responsibility" (CSR) is characterized in the paper. The paper expresses the authors´ opinion, that CSR as a mere proclamation of necessity of the firms´ ethic behavior does not enforce this into praxis. The internal economic motivation to CSR is the necessary...
Persistent link: https://www.econbiz.de/10008752941
The aim of the paper is to analyze the transfer of financial flows of subsidies and taxes between the state and the beneficiary. In this respect, the topic deals with the return cash flow from the recipient to the state budget, the impact of taxes and VAT rates. The result is a compilation of...
Persistent link: https://www.econbiz.de/10008784819
This paper presents the basics of the Transaction cost theory (TCT) and shows it's contribution to the Theory of the firm by the view of the new institutional economics. In the first part, author presents resources and presumptions of the TCT mainly by O. E. Williamson. The theory is based on...
Persistent link: https://www.econbiz.de/10009401149
The dramatically growing disproportion between the value of corporate assets and market valuation has resulted in a well-researched schism between strategic management and financial theory. Options theory provides a potent tool to resolve this issue. We propose a model which is consistent with...
Persistent link: https://www.econbiz.de/10005258060