Database.use.hdl: https://cris.mruni.eu/cris/handle/007/21184
Now showing 1 - 10 of 13
  • research article; ;
    Central European political science review., p. 59-68.
    The article examines the phenomenon of risk management in the context of the activities by public governance systems. The relevance of this phenomenon is driven by the highly dynamic macro-environment of the 21-st century, including the COVID-19 pandemic, refugee crises, various natural disasters, and other social upheavals faced by public sector institutions. In this review-type article, the specificity of risk management in public governance institutions is analyzed on highlighting challenges at the meta, macro, micro, and nano levels, and attempting to propose solutions of various kinds. The phenomenon of risk management systems is also explored in the context of public governance modernization reforms, with a particular emphasis on the stage of new public management by highlighting its key features and implications for risk management. The article raises discussions about the importance of risk management systems and their opportunities for improvement.
      9
  • research article; ;
    Klimovsky, Daniel
    Central European political science review. Budapest : Hungarian Academy of Sciences, 2020, vol. 21, no. 79., p. 93-109
      1
  • research article;
    Central European political science review. Budapest : Hungarian Academy of Sciences, 2017, vol. 18, no. 67., p. 82-103
    The Mechanisms of the Changes of Organizational Culture of the Public Sector in the Context of New Public Management To ensure the elfectiveness of modernization of the public sector of the 21 century an especially significant component is the organizational culture, the behaviour and thinking of civil servants, and the traditions established. In the article the authors reveal the mechanisms of the changes of organizational culture of the public sector in the context of New Public Management by means of agentification, privatization and public-private partnership (PPP), which serve as the tools - both objects and subjects - for analysis.
  • research article;
    Problems and perspectives in management / Sumy State University. Sumy : Business perspectives, 2016, vol. 14, iss. 3., p. 31-45
    Effective development of the legal framework promotes the production of energy from Renewable Energy Sources (RES) that provide an alternative to fossil fuel energy and environmental protection. A ccording to these provisions the Article performs content analysis of the Lithuanian RES legal framework and disc loses regulatory grounds and barriers to RES development.
    Scopus© SNIP 0.372
  • research article; ; ;
    Venclauskienė, Deimantė
    Mediterranean journal of social sciences. Rome : MCSER Publishing, 2014, vol. 5, iss. 13., p. 327-333
    The paper provides a theoretical study on efficient market hypothesis (EMH) changes under the influence of behavioral finance. Authors of the paper briefly provide the basic assumptions of efficient markets theory and remind how the top of its dominance was reached in the 1970s. At the same time the goal of the paper is to develop the unbiased and complex overview of the today’s market efficiency and show its transformations under the impact of market participants’ irrationality. In the paper authors introduce the interaction between market efficiency, market arbitrage, irrationality of market participants and highlight the importance to revise the reliability of efficient market theory assumptions in order to achieve high performance of investment portfolios. Through the behavioral finance point of view authors not only aggregate the critics EMH faces during the recent years, but also evaluate today’s opportunities for arbitrage and provide arbitrage critics. According to documented by experimental economists departures from market efficiency and taking into consideration their nature, i.e. investors’ irrationality as a result of influence of a set of specific behavioral (both cognitive and emotional) biases, an alternative to EMH approach called “The Adaptive Markets Hypothesis” espoused by Andrew Lo in 2004 is introduced. The supporters of the EMH have responded to these challenges by arguing that, while behavioral biases and corresponding inefficiencies do exist from time to time, there is a limit to their prevalence and impact because of opposing forces dedicated to exploiting such opportunities. Finally, basic financial market anomalies are presented in the paper as an example of market inefficiency. On the one hand, their persistence in the face of public scrutiny seems to be a clear violation of the EMH. [...]
  • research article; ;
    Mediterranean journal of social sciences. Rome : MCSER, 2014, vol. 5, iss. 13., p. 438-444
    Despite the steady growth in the number of the studies on shadow economy, relatively little research has been done to identify the factors that cause emergence and development of shadow economy in particular countries. This article is aimed at evaluation of shadow economy emergence and development factors in Greek service sector. The methods of the research include logic, systematic analysis of scientific literature and the method of expert evaluation. The research has enabled to identify the factors contributing to the emergency and development of shadow economy in such factor groups as market-related, economic-financial, public administration, social and individual factors. Neither of legal factors was marked by the statistically significant number of the respondents, and weak resource base of the country, attributed to the group of resources-related factors, was not marked by any respondent, which shows that its impact on the emergency and development of shadow economy was not recognized. From all analysed factor groups, economic – financial factors were recognized as the ones that have the greatest impact on the emergency and development of shadow economy in Greece service sector.
  • research article; ;
    Mediterranean journal of social sciences. Rome : MCSER Publishing, 2014, vol. 5, iss. 13., p. 454-460
    In 2008, the average share of shadow economy in Europe was 19.4 percent, in 2012 – 19 percent, while in Greece these values of shadow economy were bigger: in 2008 – 24.3 percent and in 2012 – 22.3 percent of share of shadow economy. The scientists having researched shadow economy focused on the motives / reasons that prompt businessmen to operate underground. Shadow economy as a hidden factor is difficult to measure, making it necessary to use multiply observable indicators to approximate the extent of the shadow economy (Ruge, 2010). That is why such global organisations as the World Bank and others announce annual figures of shadow economy in most countries, including and evaluating their macroeconomic factors. The analysis of the scientific literature revealed that, in general sense, shadow economy emerges in such spheres as taxation, social security and labour aspects of undeclared work, so the aim of this article is not to measure the scope of shadow economy, but to identify what country-level determinants from the spheres mentioned above have the strongest impact on the scope of shadow economy in Greece during 2005-2013. The results of the research will enable to develop the recommended directions that could be followed seeking to reduce the scope of shadow economy in Greece.
  • Publication
    GHG emission reduction by behavioral changes in Lithuanian households
    [Šiltnamio efektą sukeliančių dujų emisijų mažinimas dėl elgsenos pokyčių Lietuvos namų ūkiuose]
    research article
    Volochovič, Andžej
    ;
    ;
    Inžinerinė ekonomika = Engineering economics. Kaunas : Technologija, 2012, vol. 23, iss. 3., p. 242-249
    The aim of the paper is to evaluate GHG emission reduction potential because of energy saving in households sector by applying behavioral changes. The main tasks of the paper are: to analyse GHG emissions and energy consumption trends Lithuanian household sector; to assess GHG emission reduction potential in household sector by changing population behavior; to define the main drivers of changes of human behavior towards sustainable consumption and sustainable lifestyles; to develop recommendation for new climate change mitigation policies targeting energy demand in Lithuania. The main research methodology is based on households’ surveys and autonomous registration of energy consumption by households. The main results of the paper addresses the comparison of climate change mitigation tools in terms of GHG emission abatement potential and costs. The evaluated GHG emission reduction potential because of energy saving in households sector of Lithuania makes about 5 Mt of CO2 per year at no costs.
    WOS© IF 0.972WOS© AIF 1.193Scopus© SNIP 0.779
  • Publication
    Interaction between employee's interests and attitude towards work as well as influence when forming career
    [Darbuotojo interesų ir požiūrio į darbą sąveika bei įtaka formuojant karjerą]
    research article
    Čiutienė, Rūta
    ;
    Engineering economics = Inžinerinė ekonomika / Kaunas University of Technology. Kaunas : Technologija, 2009, no. 5(65)., p. 48-55
    With a constantly changing environment and an increasing competition, organizations face new challenges. In order to meet customers’ requirements and ensure the growth of activity and finance results, organizations are interested in quality improvement, in the increase of the quality of work as well as in the implementation of new technologies and modern working methods. The meeting of the above mentioned interests could be reached only by organizations having necessary competences, which are created by the workers of enterprises. The most important thing is that every employee should to the maximum open up his potential as well as effectively use personal and professional competences when striving to coordinate the objectives of an organization. At present, the importance of employee (as the most important factor of the activity of an organization) showed up in the development of management theory. Only properly motivated and able to meet his interests, an employee strives for better working results. Organizations face a number of problems connected with human resources management, they are as follows: how to attract necessary competitive employees and what measures should be taken in order to hold these employees; how to properly stimulate employees and what measures should be predicted for the meeting of employees’ interests. The limited resources and possibilities of organizations handicap the situation. In order to obtain optimal results the coordination of interests should be striven for. [...]
  • Publication
    Money laundering and its economic impacts in the context of the fight against terrorism
    [Pinigų plovimas ir jo ekonominės pasekmės kovos su terorizmu kontekste]
    research article
    Gaidelys, Vaidas
    ;
    Engineering economics = Inžinerinė ekonomika / Kaunas University of Technology. Kaunas : Technologija, 2008, no. 3(58)., p. 26-33
    The sources of the process of “money laundering” and its influence on economic and law system of the country, the general sources of the capital obtained by criminal actions and the ways of its legalization are analyzed in the article. The rules of criminal capital in the Criminal Code of Lithuanian Republic or legalization of the capital, object, subject, objective and subjective aspects are reviewed. Having analyzed academic literature, also having used the personal and other specialists’ experience the concept of “money laundering” and its influence on the state economy are defined. International experience of the fight against “money laundering” is used in the article. The aim of the article is to study the conception of the process of “money laundering” on economic and juridical aspects. It is also important to envisage possible measures and methods which can help to fight with money laundering and disclose the connection between money laundering and financial support of terrorism. Besides, an assessment of the process of money laundering economically is offered in the article, and the general sources of illegal income are analyzed. It is pointed what influence is possible or takes place legalizing illegal money. Financial support of terrorism is one of the most important aims while using illegal money nowadays. Possible sources of financial support of terrorism and ways to conceal the real origin of illegal money, sources and organizers are found. Undoubtedly, the use of offshore companies is a concurrent of the process of money laundering. The bounds of possible amenability for money laundering are stated. [...].