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This is a collective volume on present-day globalisation with nine chapters from authors of several academic disciplines. It covers wide aspects, ranging from the nature, impact, challenges and implications of globalisation to responses from a country or community when facing globalisation today or tomorrow. Policy suggestions are also made. This book will hence help the reader to understand the currently debated issues.

Social Sciences and Humanities --- Business, Management and Economics --- Globalization --- Education

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Economics is about understanding the rational behaviour of economic agents (households, firms, industries and government) in their decisions to achieve best outcomes of their goals and aspirations. They collectively converge to achieve the utmost economic and social benefits for all in the country in terms of economic growth and development. Economic growth and development occur through efficient use of available resources to meet effective demand and social needs. The challenge that countries are facing is proper application of appropriate policy mix to optimize the opportunities of increasingly interdependent global economic landscape. For emerging economies, a multiple sector strategy that propels economic transformation is crucial. This needs to be predicated on robust macroeconomic policy framework that aligns with global production and consumption activities to drive economic growth process for achieving sustainable development.

Social Sciences and Humanities --- Business, Management and Economics --- Mercantilism --- Trade

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Taxes are a constant part of life for every company and a constant element of economics, finance, and financial law. Any changes observed in the science and theory also apply to the importance and position of taxes in the practice of corporate finance, public finance, and economic growth. Beside this, a new meaning of taxes in the economies of countries in the world and the European Union is introduced. Taxes will always introduce risks and uncertainties in business, due to the high volatility and uncertainty of tax law. Moreover, being a category that affects the economic growth, they cause disturbances in stability and welfare of the state. Therefore, while considering the essence of taxes in a country, one should not consider this category in isolation from corporate finance and social welfare. Two things are certain in the world: death and taxes.

Social Sciences and Humanities --- Business, Management and Economics --- Economic Development

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In Slovenia, attorneys as a part of the justice system represent an autonomous and independent service that is regulated by law. As set out in the decision of the Constitutional Court of the Republic of Slovenia, there is no doubt that the legislature has to adopt the law to regulate the attorneys' profession, but in its attempt of such regulation, the legislature always collides with the constitutional requirement that the attorneys are autonomous and independent. Therefore, when regulating the attorneys' profession, the legislature has to address the issues of autonomy and independence and thus also the question of determining attorney tariffs, while certain issues must be left to be autonomously regulated within the attorneys' profession. The attorney tariff does not determine a mandatory price of legal services because an attorney and his client may always reach an agreement that is different from the attorney tariff. However, the tariff is binding when the court decides on the obligation to reimburse the party who has succeeded in a dispute for their attorney costs. With our research, we have empirically demonstrated that the existing attorney tariff in Slovenia unjustifiably drains smaller law firms, which guarantee an efficient coverage of population and smaller undertakings with a network of legal services. As a result, the economic autonomy and independence of law firms are compromised, and the right to effective judicial protection is unjustifiably restricted for the parties who succeed in a dispute.

Social Sciences and Humanities --- Business, Management and Economics --- Labour Economics

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This edited volume aims to discuss the most contemporary state of the determinants of the firm value. This book presents theoretical works as well as empirical studies that contrast the arguments offered by the leading, ground-breaking theories on the firm value. What variables determine the firm value? Are these determinants controllable or uncontrollable by the managers of the companies? Is the impact of corporate governance systems on the firm value symmetrical between different institutional contexts? Do the financial reports affect the value of the firm? What role does corporate social responsibility play as a determinant of the firm value? These and other questions are analyzed and scrutinized step by step throughout this book.

Social Sciences and Humanities --- Business, Management and Economics --- Business Administration