The aim of the paper is to determine the investment activity of small firms in Croatia during the crisis year 2012 and further analyse the effect of selected factors on capital investment decisions. For this purpose, an on-line survey of small businesses was conducted. The research sample...

Applying aggregate demand/aggregate supply analysis and based on a quarterly sample during 2000.Q4–2015.Q4, this paper finds that Croatia’s aggregate output is positively associated with government debt as percent of GDP during 2000.Q4–2008.Q4, real appreciation of the kuna, the real stock...

Most of the research about capital structure is focused towards two theories: trade off theory (TOT) and pecking order theory (POT). The idea is to explore which theory works better in certain conditions and identify the key determinants that affect the capital structure of the company. However,...

The oil industry is historically burdened by different turbulences and tremors having the significant impact on the market. In order to anticipate unforeseen and potentially harmful situations, some firms as a part of their long-term strategic plans pay attention to scenario-based planning,...

In today's post-industrial age, on the level of the EU, it is advocated to link the areas of culture and art with the business sector. The institutions of culture and art are also encouraged to participate in international activities/co-operate internationally and gain competitive advantage....

The aim of this paper is to determine the differences in students’ ethical attitudes depending on their gender, level of study as well as university. This study examines the attitude of sample of 670 business students, studying at five (out of seven existing) state-owned universities in the...

This paper links the fundraising success of nonprofit organizations to their marketing process. Financial and non-financial dimensions of fundraising performance are included in the study, as to demonstrate both aspects of the intended outcomes. The empirical part of the paper is based on...

Business transfer as a research topic awakened the interest of researchers in the past few decades. Business transfer is defined as a change of ownership of any firm to another person or legal entity assuring the continuous existence and commercial activity of the enterprise, and it encompasses...

Background: Foreign direct investment (FDI) flows are unevenly distributed around the world and determined by different factors. The literature points out to economic and non-economic determinants of FDI flows, while the latter have shown to generate ambiguous effects across regions. Objectives:...

Background: Industry clusters and their relationship with the organization's success, competitive advantage and innovations have been gaining research interest for decades, with the recent focus on defence industry. Objectives: The aim is to investigate how Croatian Defense Industry...