Efficiency in Business and Economics

This volume offers a collection of studies on problem of organization's efficiency, criteria for evaluating the efficiency, tools and methods for measuring the efficiency. The articles included present an interdisciplinary look at efficiency, its essence and the principles of its measurement. The contributions also identify a broad spectrum of conditions for achieving efficiency in various types of organizations and systems (e.g. public institution, non-profit organizations), representing various industries. The book collects selected papers presented at the 7th International Conference "Efficiency as a Source of the Wealth of Nations", held in Wroclaw, Poland, in May 2017.

Auteur

Tadeusz Dudycz is a professor of finance at the Faculty of Computer Science and Management at the Wrocaw University of Science and Technology. His areas of expertise include financial analysis, valuation, management accounting, capital markets.

Grayna Osbert Pociecha is a professor of Economics. She works in the Department of Business Economics at the Wrocaw University of Economics. Her scientific and research interests focus on issues related to change management, flexibility of organization and also to paradoxes and dilemmas in management.

Bogumia Brycz is an assistant professor at the Faculty of Computer Science and Management at the Wrocaw University of Science and Technology. Her research interests include financial analysis, value management and valuation, capital market.

Contenu

1. Factors Affecting the Internal Audit Effectiveness: A Survey of the Polish Private and Public Sectors.- 2. Measuring Social Effectiveness of Public Institutions - a Contribution to Methodology.- 3. Does high IPO valuation benefit investors?.- 4. CEO succession in the Polish capital market in 2000-2015.- 5. The Absorptive Capacity of a Finance Company as an Efficiency Factor of Its Pro-technology Innovation Activities.- 6. Financial Microeconometrics as Research Methodology in Corporate Finance and Accounting.- 7. The Empirical Study of the Efficiency of the Impact of Macroeconomic Variables on National Currency.- 8. How can firms appropriate their investments in innovation activities?.- 9. Interdependence Between Value Drivers and Value Migration Processes. Evidence from Warsaw Stock Exchange.- 10. Remodeling of FLIEM: The cash management in Polish small and medium firms with full operating cycle in various business environments.- 11. Tender Bids Evaluation in the Context of Value-Based Management.- 12. Raw material as a resource implying effectiveness of product innovations - attempt to assess the selected implementation.- 13. Institutions and Entrepreneurial Environment in Visegrad Four Countries and Finland.- 14. A Random Walk of Stock Prices in Visegrad Group: Efficient Market Hypothesis.- 15. Performance measurement and financial results in Polish enterprises. Empirical evidence.- 16. The Risk of Growth Failure of the SME Sector Companies Operating in the Shadow Economy.- 17. Implementation of CSR principles in HR management in micro, small and medium-sized enterprises in the Pomerania Euroregion: A comparative analysis.- 18. Implications of systems and linear thinking for meeting logistics needs of customers.- 19. Effective organizational communication - the results of empirical studies in Poland.- 20. Independent Economic Regulation for Efficient and Fair Business: Case Study of Utilities Sector in Slovakia.- 21. Towards reporting for sustainable development.