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A financial institution that could be known as a systemic bank can easily engage in risky strategies as it is certain that it will be bailed out by its central bank. The central bank fears liquidity risk contagion to the other banks. This situation raises…

Indonesia is one of the countries with the highest number of diabetics in the world and diabetic in this archipelago became one of the deadliest diseases. Creating awareness about the dangers of diabetic could be an opportunity for producers of a sweetener product while offering…

People usually tend to rely on their emotion in making a decision or doing something important in their lives. This emotion could affect how they view things around them and their decision every day such as buying a product, learning, communicating and memorizing. The user…

This empirical research takes into consideration a topic that is not much studied in the academic literature: the drivers of effective corporate tax rate (ECTR) in the Baltic financial markets. Using a sample of 40 companies listed on stock exchanges from Estonia, Latvia and Lithuania,…

This article’s purpose is to establish a diagnosis of hospital pharmacy drugs supply chain, by proposing an optimization approach of the procurement process of drugs and medical devices in order to cut the organizational costs, to increase the global efficiency and to assure the best…

This paper aims to contribute to a better understanding of the innovation process in the context of bureaucratic organizations and institutions, and to identify how this specific context facilitates or inhibits innovation. Case studies from two different bureaucratic organizations were conducted to explore these questions.…

Most big companies need one or another transformation at one point of time to improve their process efficiencies or change their business model to keep up with changing times.  Companies expand their operations internationally, but business units in each country continue to maintain their own…

Innovations are considered under the current conditions as one of the key sources and drivers to strengthen not only the economic but also the social prosperity of countries and their competitiveness. The paper focuses on revealing the relationship between research and development expenditure and the…

The present paper focuses on the methods of derivative contract pricing. The basic differential equation of the popular Black-Scholes model for option contract pricing is derived. Furthermore, its less known modifications by Merton and Garman and Kohlhagen are pointed out. The paper refers to the…

Purpose: Smart city concept implementation is one of the prioritized goals for economically developed countries. This concept is based on the use of information technology in the design and construction of infrastructure facilities. This approach leads to the development of investment and construction sphere and…