Economic Archive

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  ON SOCIAL REALITY, THEORY AND ECONOMICS EDUCATION

  The article is an attempt to defend the based on the Seneca’s maxim thesis that the present is to fix the past and foresee the future. Employing a broader socio-economic paradigm, it analyses the essence of societal reality and economic reality in particular; the dominance of economic considerations surpassed by time and the necessity for a more ... The article is an attempt to defend the based on the Seneca’s maxim thesis that the present is to fix the past and foresee the future. Employing a broader socio-economic paradigm, it analyses the essence of societal reality and economic reality in particular; the dominance of economic considerations surpassed by time and the necessity for a more comprehensive education in economics. Finally, the solution to the problem is proposed through the enhancement of traditional economic scientific and educational disciplines with inter-disciplinary knowledge.

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  POSSIBILITIES FOR OVERCOMING ISSUES IN THE PHASE OF OLD-AGE PENSION PAYMENTS FROM AN UNIVERSAL PENSION FUND

  The structuring of the pension model, the exploration of its characteristics and parameters, as well as of pension products, their role, and the potential to ensure long-term social security in an environment marked by socio-economic and demographic challenges, is a significant and relevant thematic area. The focus of the study is on presenting ... The structuring of the pension model, the exploration of its characteristics and parameters, as well as of pension products, their role, and the potential to ensure long-term social security in an environment marked by socio-economic and demographic challenges, is a significant and relevant thematic area. The focus of the study is on presenting the structure, the regime, the insurance parameters, the pension products, and the functioning model of insurance in an universal pension fund. The conclusion reached is that the most payments to the first pensioners are deferred for a period of up to three years, while lifelong payments constitute a very small portion. This fact raises questions about the level of social security, and consequently, the ability of the second pillar of the multi-pillar pension model to fulfill the assumed public commitments and meet personal expectations. Possibilities have been outlined to increase the proportion of pension-ners receiving lifelong pensions while decreasing the proportion of those receiving deferred and one-time payments. This, in turn, will lead to long-term and, at the same time, higher social security for Bulgarian pensioners.

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  INTELLECTUAL CAPITAL AND MARKET CAPITALIZATION OF PUBLIC COMPANIES

  Value creation is the main goal of economic agents operating in capital markets. The subject of research are the intangible fixed assets reflecting the intellectual capital of companies. The object of the article are some current issues regarding the assessment of the influence of intellectual capital on the stock market capitalization of public ... Value creation is the main goal of economic agents operating in capital markets. The subject of research are the intangible fixed assets reflecting the intellectual capital of companies. The object of the article are some current issues regarding the assessment of the influence of intellectual capital on the stock market capitalization of public companies listed on BSE - Sofia. The research hypothesis to be tested is formulated as follows: The dynamics of accounting profit can be explained by changes in intellectual capital records, as evidenced by scientific research having its evolutionary development in theory and practice. The aim is to critically review the literature on intellectual capital, value creation and company performance, identifying positive examples from BSE-Sofia of the impact of changes in intellectual capital on the market capitalization of public companies.