Search results for "Business and Economics"

Tax incentives to encourage corporate investment in Latvia

2020

During 2006‐2017, Latvia has applied a rather generous accelerated depreciation (AD) policy to stimulate firm investment. The AD policy included: (1) the general AD scheme, (2) incentives to acquire new technological equipment, and (3) Investment incentives in the specially assisted areas. This paper analyses the effect of accelerated depreciation policy on firm investment using administrative firm‐level data for 2007–14. Lacking data for a natural experiment (AD began before our sample period), we use difference‐in-differences methodology with identification based on variation either across time (the crisis period serving as quasi‐counterfactual) or by firm size (with large firms unlikely …

Determination Aspects of Possible Purchasing Prices for Blue Mussel Products from the Baltic Sea

2019

Demand for marine products has been relatively high and is increasing in most of countries. With higher demand for higher-value and protein-rich products population is looking for other sources that could be protein-rich products and might be substitute for fish products. Blue mussel contains proteins and minerals therefore it might become as food and feed ingredient and supplement product for food. Experience in many countries world-wide where mussel production is more developed has indicated that important aspect in realisation of the production is effective marketing. The following research methods were used in the research: studies of scientific publications on blue mussel price and fac…

The European Business excellence model and its improvement

2020

Nowadays the practice of self-assessment is the strategy recommended by the EFQM Excellence Model for organizations aiming for improvement on organizational performance. Rigorous self-assessment helps large, small and medium companies work more efficiently, and it is a comprehensive, systematic and regular exercise for the evaluation of companies’ activities and results. Today’s customers have higher requirements than ever before. Therefore, in order to be competitive in the twenty first century, organizations need to improve continuously, meet the standards of excellence in quality and performance. One of the ways to achieve excellence is the use of Business Excellence Models. The aim of t…

PIE statutory audit market concentration: evidence from Latvia

2019

The reform of EU audit legislation was adopted by the Council of the EU in April 2014. The legislation consists of an audit Directive and an audit Regulation. The Directive applies to all statutory audits; the Regulation contains specific requirements for the statutory audits of public-interest entities (PIEs). The Regulation aims both at enhancing audit quality and at promoting competition in the audit market. Mandatory rotation, together with the incentives for joint audit and tendering, as well as the prohibition of certain non-audit services to audit clients - requiring de facto that another audit firm provides these services - are examples of measures that should make the market more d…

CHOICE ARCHITECTURE AS A BASIS FOR PENSION SAVINGS DECISIONS

2022

The research was supported by the NATIONAL RESEARCH PROGRAMME “LATVIAN HERITAGE AND FUTURE CHALLENGES FOR THE SUSTAINABILITY OF THE STATE” project “CHALLENGES FOR THE LATVIAN STATE AND SOCIETY AND THE SOLUTIONS IN INTERNATIONAL CONTEXT" (INTERFRAME-LV, Project No.VPP-IZM-2018/1-0005).

Turnover ratios and profitability ratios calculation methods: the book or average value

2019

The scientific literature of the turnover ratios and profitability ratios calculation offers to use book or average value of balance sheet calculation methods. Different schools of financial analysis nowadays offer many variations of the ratio calculations and even though the components of ratio formulas change, the meaning stays the same. The aim of this research is to analyze the turnover and profitability ratios, to study the different methods of calculation, based on different schools of financial analysis and empirical research results, and to create proposals for companies for the use of these methods for financial analysis. The authors of this paper are using the international scient…

QUALITY COMPETITIVENESS OF LATVIA’S WOOD INDUSTRY

2012

Quality is a complex phenomenon and there exist no general accepted definition, which fits every purpose and all the complexities in teal economics. While competitiveness of enterprises has been studied by many scholars around the world, competitiveness of nations is a relatively new discipline. Studies of export competitiveness in the world markets are not new. Several attempts to evaluate export competitiveness have been made in the past, primarily in Eastern Europe. In Czechoslovakia, for example, a detailed and comprehensive analysis of the study was undertaken already in the 1960’s. Similar approach was used by World Bank studies of the price and quality competitiveness of exports by o…

Influence of integrated marketing communication tools upon consumers’ buying decisions in the context of sustainability

2019

A topical business subject of nowadays is the influence of integrated marketing communications (IMC) for sustainability upon various consumer audiences and their buying decisions. From the standpoint of businesses the use of integrated marketing communications in product promotion contributes to the consumption of sustainable, ecological products and, consequently, a healthy lifestyle, yet the factors influencing buyer’s buying decisions still remain topical. In this research the authors surveyed buyers of Latvian food retail chains to find out the influence of promotion-related integrated marketing communication tools for sustainability upon buyers’ buying decisions. The research brings co…

Journal of Economics and Management Research, Vol. 6

2017

A COMPARISON OF BUSINESS EXCELLENCE MODELS

2019

Nowadays, there is a rising trend of implementing different Business Excellence frameworks also known as Quality Models for the improvement of organizational business performance. Models or Quality Award Model are used to recognize the best practice in the different areas. Many countries of the world adapt these models as their quality improvement tools for business assessment in comparison with the competitors. The research is focused on the review of the major Business Excellence Models such as Deming Prize, European Foundation for Quality Management (EFQM) and Malcolm Baldrige National Quality Award (MBNQA) and their influence. The research is primarily based on theoretical approach that…