The aim of the article is to describe how Estonian venture capitalists make financing and investment decisions, and compare these results with theoretical recommendations found in corporate finance and venture capital literature. The focus is on the methodological procedures in venture capital...

Collectivism is a peoples’ tendency to think of themselves as parts of different collectives and subordinate their behavior to norms, duties, and obligations imposed by these collectives. The collectivistic attitudes influence, besides other social institutions, also the organizational...

The US black-white wage gap is an issue that has attracted thorough investigation, but so far the corresponding gap for fringe benefits has not received sufficient attention. Although ethnic differences in fringe benefits could affect wage differences, previous analysis of ethnic wage gaps in...

Does FDI affect innovation, productivity growth, and knowledge sourcing activities of domestic firms? This study employs detailed firm-level panel-data from Estonia’s manufacturing sector to investigate different channels through which FDI can affect domestic firms. Instrumental variables...

This paper uses a unique dataset about unemployment insurance recipients and their exits to employment in Estonia to investigate the effects of benefits on unemployment duration. The administrative data used clearly pinpoints total unemployment spells and exits to employment. Both nonparametric...

This paper analyzes the impact of trade unions on remuneration in the Estonian public sector. In this paper, union bargaining power is investigated separately in healthcare, education and culture and the public service using a case study approach. The method elaborated by the author uses...

The objective of the present paper is to outline the regularities in the formation of organizational values. New organizational values measurement tool – Organizational Values Questionnaire was developed by author of the paper. A study of organizational values in Estonian organizations took...

This paper bridges two approaches to assess national innovation performance based on European Innovation Scoreboard (EIS) composite indicators and the analysis of the factors that may be behind these indicators. The main focus of the study is on analysing the innovation performance of the Baltic...

The goal of this paper is to analyze the theoretical, political and organizational bases of the territorial division of the country into municipalities and offer a research direction for identifying conceptual solutions to the development problems in Estonian municipalities. The paper focuses on...

The growing awareness of the issue of corporate social responsibility (CSR) has raised the questions about how responsible behavior of firms would impact employees’ well-being. This paper investigates the link between corporate social responsibility and job satisfaction, which is a more widely...