Institutional problems and the corruptive use of social capital give ground for misuse of institutional gaps and cause intentional failures for financial benefits. Based on social capital theory and transaction cost economics (TCE) this paper describes how the institutional environment in the...

Purpose – The purpose of this paper is to present theoretical explanations for the failure of the largest dairy processing firm in Former Yugoslav Republic of Macedonia (FYROM) after only about one year of operation. Design/methodology/approach – The paper contains a case study on the...

Countries still confronted with transition process express different patterns of contractual arrangements in the agricultural sector. The inefficiencies in their legal systems and problems with contracts enforcement in many instances force informal contracting arrangements instead. This paper...

Tobacco production has a long tradition in R. Macedonia. It is an industrial crop with over 70% share in the total industrial crops area, and an average share of some 30%, in total agricultural export. As a labor intensive crop, it provides employment for the rural population and presents a...

The aim of this paper is to emphasise the importance of the institutional support in the process of application and registration of Macedonian agro-food products for PDO/PGI protection. The research was supported with the results of pilot project that study eleven potential agro-food products...