Template-Type: ReDIF-Article 1.0 Author-Name: Lyudmil Krastev Author-Workplace-Name: D. A. Tsenov Academy of Economics Title: PRACTICAL ASPECTS OF FINANCIAL CONTROLLING IN A COMPANY Abstract: Financial controlling facilitates the managers of companies in making the right managerial decisions. The process of controlling includes planning, control and analysis. Planning is associated with setting goals and developing planned budgets, control – with detecting deviations from the goals, whereas analysis is associated with disclosing the reasons for these deviations. The information system occupies a central place in financial controlling. It includes a system of indicators; the leading indicator being considered as an objective. The role of information systems in controlling is to link planning activities, control and analysis. This article presents the application of the information system of financial controlling in a particular company – an insurance company operating in the sector of General Insurance. Classification-JEL: G21; G22 Keywords: controlling, financial statements, financial analysis Journal: Economic Archive Pages: 3-17 Issue: 1 Year 2018 File-URL: http://hdl.handle.net/10610/3873 Handle: RePEC:dat:earchi:y:2018:i:1:p:3-17 Template-Type: ReDIF-Article 1.0 Author-Name: Shteryo Nozharov Author-Workplace-Name: UNWE Title: TRANSACTION COSTS IN COLLECTIVE WASTE RECOVERY SYSTEMS IN THE EU Abstract: The study aims to identify the institutional flaws of the current EU waste management model by analysing the economic model of ‘extended producer responsibility’ and collective waste management systems and to create a model for measuring the transaction costs borne by waste recovery organizations. The model was approbated by analysing the Bulgarian collective waste management systems that have been complying with the EU legislation for the last 10 years. The analysis focuses on waste oils because of their economic importance and the limited number of studies and analyses in this field as the predominant body of research to date has mainly addressed packaging waste, mixed household waste or discarded electrical and electronic equipment. The study aims to support the process of establishing a ‘circular economy’ in the EU, which was initiated in 2015. Classification-JEL: L14; Q53 Keywords: circular economy, transaction costs, institutional flaws, extended producer responsibility, collective waste management systems Journal: Economic Archive Pages: 18-30 Issue: 1 Year 2018 File-URL: http://hdl.handle.net/10610/3874 Handle: RePEC:dat:earchi:y:2018:i:1:p:18-30 Template-Type: ReDIF-Article 1.0 Author-Name: Tsvetelin Borisov Author-Workplace-Name: D. A. Tsenov Academy of Economics Title: SOME ASPECTS OF APPLYING MOBILE INFORMATION TECHNOLOGY IN TOURISM Abstract: The study focuses on the contribution of mobile information technology to the development of tourism in Bulgaria. It helps to improve the methods and mechanisms of collecting, processing, analysing, storing and using information. The emerging popular computer systems, video systems, teleconferencing systems and electronic systems have led to the complete automation and widespread use of electronic equipment in business. The application of mobile information technology facilitates accommodation and transport bookings, entertainment services, the purchase of tourist products, the availability of and accessibility to different types of tourism and destinations, as well as the tourism potential of countries and regions. Classification-JEL: L81; L86; O31; O32 Keywords: mobile information technology, information systems, tourism in Bulgaria, types of modern tourism Journal: Economic Archive Pages: 31-39 Issue: 1 Year 2018 File-URL: http://hdl.handle.net/10610/3875 Handle: RePEC:dat:earchi:y:2018:i:1:p:31-39 Template-Type: ReDIF-Article 1.0 Author-Name: Alexander Alexandrov Author-Workplace-Name: South-West University ‘Neofit Rilski’ Title: THE BUSINESS CYCLE AND ITS CONTEMPORARY CHARACTERISTICS Abstract: The article aims to present the business cycle phenomenon and its contemporary characteristics. Understanding the business cycle theory will allow for more in-depth research on this subject for the Bulgarian economy, through which to increase the macroeconomic efficiency of the country's economic policy Classification-JEL: E32 Keywords: business cycle, Bulgaria Journal: Economic Archive Pages: 40-52 Issue: 1 Year 2018 File-URL: http://hdl.handle.net/10610/3876 Handle: RePEC:dat:earchi:y:2018:i:1:p:40-52 Template-Type: ReDIF-Article 1.0 Author-Name: Beatris Lyubenova Author-Workplace-Name: D. A. Tsenov Academy of Economics Title: ECONOMIC INEQUALITY IN BULGARIA IN THE 21ST CENTURY Abstract: Research of economic inequality underlies the design and implementation of an adequate economic or social policy. This paper presents a survey of income inequality in Bulgaria in the period from 2001 to 2015 by studying the dynamics of the Gini coefficient, the integral coefficient of uneven distribution and decile ratios. We prove that despite the increase registered in the values of these indices in some years, the trend towards decreasing inequality is still weak. We also establish that there was significant income polarisation measured through the S90/10 and the S80/20 decile ratios. We prove that it is necessary to study the relation between the growth rate of the median income received by households in the first six deciles and the income received by households in the last four deciles by employing the growth rates ratio. Classification-JEL: E20; E29; I13 Keywords: economic inequality, measures of economic inequality, Gini coefficient, Lorenz curve, income differentiation, income polarisation Journal: Economic Archive Pages: 53-65 Issue: 1 Year 2018 File-URL: http://hdl.handle.net/10610/3877 Handle: RePEC:dat:earchi:y:2018:i:1:p:53-65