This paper investigates current budgeting practices of Czech companies. The article aims to provide recent empirical evidence on the impact of business complexity on budgeting in the Czech Republic, with the main focus on modern budgeting methods. Despite the plethora of critical voices against...

This paper challenges the view that foreign investors lead firms to adopt a short-term orientation and forgo long-term investment. Using a comprehensive sample of publicly listed firms in 30 countries over the period 2001-2010, we find instead that greater foreign institutional ownership fosters...

Prior research shows that technology spillovers across firms increase innovation, productivity, and value. We study how firms finance their own growth stimulated by technology spillovers from their technological peer firms. We find that greater technology spillovers lead to higher leverage. This...

This article reviews the impact of intellectual property (IP) protection on foreign direct investment (FDI) by multinational enterprises (MNEs) in developing countries. Applying different panel data techniques to a newly-created comprehensive FDI/IP dataset of 31 Swiss MNEs investing into 53...

This paper challenges the view that foreign investors lead firms to adopt a short-term orientation and forgo long-term investment. Using a comprehensive sample of publicly listed firms in 30 countries over the period 2001–2010, we find instead that greater foreign institutional ownership...

The Harvard Institute for International Development provided consulting to government ministries in Kenya during the Daniel Arap Moi regime. This report was one of several that were prepared during that multi-year consultancy. It should be understood in the context of Kenya's development as a...

In the paper authors provide a detailed analysis of Russia's national budget. They focus on assumptions for 2010 budget policy during recovery stage. Main parameters of the federal budget for 2011-2013 are analyzed. They also provide fiscal policy developments

This paper deals with Russia's budget system, it provides analysis of main parameters of execution of the enlarged government budget. The authors also speak about the medium- and long term prospects of Russia's fiscal policy

The main purpose of the presented research was to investigate whether Slovene hotels that have a business strategy and strategic management accounting are more successful in comparison with those that still do not have a long-term business strategy and strategic management accounting. Hotels...