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  • Kameliya Bozhinova
    OUTSOURCING PRINTING SERVICES IN BULGARIA – PART OF THE GLOBAL OUTSOURCING MARKET
    JEL: D21, D22, D23, L2, L21, L24, L29
    Keywords: outsourcing, trade, printing services.
    Summary: The new conditions and the globalization of the business environment in which the management of commercial enterprises operates today require innovative, flexible and adaptive management tools, one of which is outsourcing. It improves the operational efficiency of the enterprises involved in this process and enables the service providers to expand and maintain their market shares. Moreover, it optimizes their resource allocation and improves the profitability of their operations.
  • Hrabrin Bashev
    AN APPROACH TO UNDERSTANDING AND ASSESSING THE GOVERNANCE EFFICIENCY OF AGRICULTURAL ENTERPRISES
    JEL: D23, L22, M13, 017, Q13
    Keywords: governance, efficiency, farm, transaction costs
    Summary: This article incorporates the New Institutional Economy and proposes an approach for understanding and assessing the governance efficiency of farms. It corroborates that a farm is efficient if it manages all its transactions and activities in the most economical (equal or more efficient) way compared to any other organization. Moreover, farms must have a good potential to adapt to permanently changing market, institutional, technological and natural environments in order to have high (overall) governance efficiency. Nature of the problems in effective organization for the main farm transactions for securing needed factors of production and output realization is used as an indicator for farm’s comparative efficiency. The analysis of survey data found that the overall level of governance efficiency of Bulgarian farms is acceptable the efficiency of 60% of them is low. There are huge differences in the level of efficiency of farms of different legal form, size, specialization and location as well as in the share of farms with different levels of efficiency in each group. Keywords: governance, efficiency, farm, transaction costs.