European Commission trusted for implementation the European Social Fund (ESF) to Member States through a commonly agreed decentralized management system, including compliance to the “sound financial management” principle within the Members’ State designated Authorities obligations. While implementing ESF, Romania should comply too with this principle all projects cycle life: national ESF progra...

This paper critically analyzes the work culture for a mainstream financial organization operating within Pakistan, while drawing a specific example to elucidate certain dilemmas that impede the potential growth for the financial sector and its constituent workforce, besides hampering the performance of the organizations. The case study is related to an organization in financial sector which con...

This study aims to examine the potential of blockchain technology in financing and financial management entrepreneurial tourism projects. It highlights two objectives: how can be used as an alternative tool it improve efficiency transparency companies. shows that initial coin offerings are effective way finance innovative projects competitiveness Due lack empirical data on actual implementation...

We address explicitly the issue of risk in the theory of the firm. To that end, we present a model in which the shareholders’ portfolio selection of assets and the decisions of the firm are jointly determined through the market process. The model allows to study the role of markets and prices on the type of risky activities undertaken by a firm and the allocation of random profit among sharehol...

 The swell in government spending threatens to diminish long term growth potential in many nations. Our study of 37 countries reveals how enlarged government spending meaningfully dents the efficiency of investment and potential for future growth.  In response to the financial crisis, Greece, the UK, and Spain implemented the loosest fiscal policies during the 2008-2010 period, among 37 natio...