The goal of this study is to get a premium calculation principle, for the life insurance business, based on a coherent risk measure (Wang, 1995) in the form of power, called \Proportional Hazards (PH) Transforms" to justify the recommendation of Solvency II to reduce the effect of the mortality...

Small and medium enterprises (SMEs) in all national economies are generators of growth and development. This statement is confirmed by the fact that SMEs in the European Union (EU) account for 90% of the total number of companies, and that more than 23 million of these companies employ over 67%...

In den letzten Jahren haben sich die Ausgründungen aus wissenschaftlichen Einrichtungen zu einem beachtlichen ökonomischen und innovationspolitischen Phänomen entwickelt. Akademische Spin-offs gelten - neben Lizenzen, Patenten, Kooperations- und Beratungstätigkeiten - als ein wichtiger...

The crisis affects on all over the world, businesses and consumers too. The changes on market participants are often negatively affected in most industries. In the Hungarian market there is also a major transformation. In this paper we would like to present the most important data of Hungarian...

An increasing number of companies, in order to improve their competitive stance on the market, decide to outsource some of their service functions to external subjects. Outsourcing of this type of activity is frequently regarded as a strategic decision. A properly conducted outsourcing project...

Many studies explore only use or non-use of capital budgeting methods, and not the factors that determine the selection of the method used in UAE or the region. The relationships between use and independent variables that affect the selection of the method have been studied. The study attempts...

Die unternehmerische Selbständigkeit hat in Deutschland in den letzten 20 Jahren einen starken Aufschwung erfahren. Die Zahl der Selbständigen ist zwischen 1991 und 2009 um 40 Prozent gestiegen. Verantwortlich für diese Entwicklung sind die Nachholprozesse in Ostdeutschland, der...

Micro.enterprises have certain attributes that distinguish them from large companies and from those that see problems when adopting principles and social responsibility policies. However, the principles of social responsibility can and should be integrated into any organization, including...

Scholars and practitioners constantly report on the significance of research on entrepreneurship in upholding the performance of small industries. Nevertheless, little has been established in the literature on entrepreneurial studies in the Iranian context. Hence, this has induced the present...