Year 2013, Issue 116
Date published29.3.2013
Table of content
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Kamen Kamenov
BEHAVIOUR AND RELATIONSHIPS WITHIN SOCIAL STRUCTURESJEL: M14Keywords: human factor, value system, moral, ethics, conscience, social structures, behaviour, corruption, situationSummary: The study reviews an issue that is both topical and universal - human potential and its development for the public welfare. This multi-aspectual issue is, of course, reviewed from our point of view. Our priority was to answer answer... The study reviews an issue that is both topical and universal - human potential and its development for the public welfare. This multi-aspectual issue is, of course, reviewed from our point of view. Our priority was to answer answer the following questions: - What unites us? - What makes us different? - What makes us human? - What is hidden behind the social curtain of behavioural acts related to our social potential? In ten sections we have tried to explain the behavioural acts that create an atmosphere of ambiguity and complicate social structure relationships. -
Bozhidar Bozhinov
PROBLEMS AND CHALLENGES ASSOCIATED WITH THE DEVELOPMENT OF DEPOSIT INSURANCE SYSTEM – GLOBAL BEST PRACTICESJEL: G21Keywords: banks, systems for guaranteeing bank deposits, deposit insurance, Central Bank, bank security networkSummary: The interest in deposit insurance systems as instruments that enhance the stability of the banking system was stirred after the 60s, although the first such system was established in 1829 in New York. Often, governments start... The interest in deposit insurance systems as instruments that enhance the stability of the banking system was stirred after the 60s, although the first such system was established in 1829 in New York. Often, governments start thinking about the problem of guaranteeing depositors' savings when they face the bankruptcy of a certain bank and anticipate serious problems in their banking sector. In this study we discuss the main conceptual issues related to the organization, operation and updating of such systems, based on a critical analysis of international experience and best practices in this field. The practice in Bulgaria remains outside the scope of our study, because our system for guaranteeing bank deposits was established after 1998 and is relatively modern since it is based on the best international practices. -
Vera Pirimova
STRATEGIES AND TRENDS FOR STABILIZATION OF THE ECONOMIC GROWTH IN THE EUROPEAN UNION AND BULGARIAKeywords: economic growth European Union, strategiesSummary: The study classifies the comparative characteristics, the major problem areas and the challenges for the economic growth of the EU and Bulgaria in the context of the "Europe 2020" strategy. The main structural weaknesses are the... The study classifies the comparative characteristics, the major problem areas and the challenges for the economic growth of the EU and Bulgaria in the context of the "Europe 2020" strategy. The main structural weaknesses are the lower growth rates, the relatively high unemployment rates, the insufficient level and the un-optimized structure of employment, and the social problems and differentiations between the EU countries. These weaknesses were singled out on the basis of statistical data and empirical analysis of the economic developments in the EU during the period 1970-2010, and mainly during the last twenty years. The structural weaknesses of regional economies are even more obvious in the process of integration and intensifying competition with third countries, especially in terms of intensive economic globalization. To overcome the highlighted economic and social problems we definitely need to take certain measures on national level as well as coordinated policies within the EU. Our efforts must be focused primarily on stimulating investments (particularly in advanced technologies), solving problems of the development of the European educational systems, development and implementation of environmental technologies. Thus we can achieve greater competitiveness and improve the quality and sustainability of economic growth in the EU and Bulgaria. -
Karina Sarkisyan Dikova
THE IMPORTANCE OF INTERCULTURAL COMPETENCE IN THE PROCESS OF INTERNATIONAL COMMUNICATION (THEORETICAL AND PRACTICAL RESEARCH OF BULGARIAN COMPANIES)JEL: F23Keywords: intercultural communication, intercultural competence, cultural dimensions, stages of intercultural competence, typology, ethnocentrism.Summary: International business today relies heavily on the effectiveness of cross-cultural communication skills besides the good knowledge of foreign languages. The efficient combination of foreign language skills and the knowledge,... International business today relies heavily on the effectiveness of cross-cultural communication skills besides the good knowledge of foreign languages. The efficient combination of foreign language skills and the knowledge, understanding and acceptance of cultural differences is of paramount importance in the field of international economic relations. The paper presents a study on the level of intercultural competence among Bulgarian business people and the main intercultural obstacles faced by managers and employees and an analysis of their opinion regarding certain cases of workplace relationships in terms of intercultural communication. -
Iskra Panteleeva
APPROACHES AND STRATEGIES FOR HUMAN RESOURCE MANAGEMENT OF LARGE BUSINESS ORGANISATIONSKeywords: human resource, business organizations, human resource management approaches, organizational culture, human resource management strategies, problem areas in HR management.Summary: The study presents the results of an empirical study of the behaviour of large Bulgarian non-profit organizations in terms of their human resources. First the conceptual methodical and organizational framework of the study is... The study presents the results of an empirical study of the behaviour of large Bulgarian non-profit organizations in terms of their human resources. First the conceptual methodical and organizational framework of the study is described. Then we present the overall "HR picture" and the systematized data related to the application of different approaches and the development of specific strategies in this area. Thus we define the main problems and the most important guidelines for effective human resource management in certain business organizations. -
Ventsislav Vechev
ACCOUNTING OF FACTORING OPERATIONS IN COMMERCIAL BANKSJEL: M41Summary: In an effort to maintain their competitive advantage as intermediaries in various transactions between economic agents, banks significantly expanded the range of services they provide. Factoring operations are relatively new to our... In an effort to maintain their competitive advantage as intermediaries in various transactions between economic agents, banks significantly expanded the range of services they provide. Factoring operations are relatively new to our banking practice. In recent years there has been trend of increase in the number of banks offering this service (either directly or through subsidiaries). Commercial banks now face the problem how to manage properly this type of operations in order to minimize the associated risks. The paper makes an attempt to determine the importance of accounting systems as primary management tools in all businesses (including banks). For this aim it reviews various models for accounting of factoring operations in compliance with the current national legislation and the international accounting standards. Finally, it proposes guidelines for analyzing accounting information related to factoring operations as a tool for making rational managerial decisions regarding the financial stability and the overall management of banks. -
Vyara Slavyanska
HUMAN RESOURCE MANAGEMENT AT “SKF BEARINGS BULGARIA” EADJEL: Ì54Keywords: organizational efficiency, staff turnover, job satisfaction, human resource management, human capital.Summary: The competitive advantages of modern business organizations is no longer considered in relation to their tangible assets but mostly to their intangible assets. Today the emphasis is put on human capital and the effective... The competitive advantages of modern business organizations is no longer considered in relation to their tangible assets but mostly to their intangible assets. Today the emphasis is put on human capital and the effective synchronization thereof with the overall organizational strategy. Numerous studies have concluded that firms with more efficient human resource management systems perform markedly better than their competitors and that their improved organizational performance is due to complex changes in the skills, attitudes and behaviour of their personnel. This paper presents the results of a study conducted in a large business organization in order to identify the applicable human resource management practices and to derive conclusions regarding the potential of the human resource management (HRM) system to contribute to the effectiveness of the organization. The analysis of the results identified the most and the least often applied HRM activities in the everyday routine of manual workers and administrative staff. It also identified certain differences in the application of HRM practices to both categories of staff, which suggests that different approaches are adopted regarding the different types of job positions in a presumed conspiracy to defraud the workers. The paper outlines several problem areas that require the attention of the management of the organization and proposes certain solutions. In general, the company subject to our study may be considered an example of human resource management, which confirms the hypothesis that this function is well developed in large multinational organizations. This provides the grounds to believe that their HRM system is highly efficient and has a potential for inducing positive changes in the skills, attitudes and behaviour of their staff.