<abstract xmlns="http://www.w3.org/1999/xhtml">The resilience of a region may affect how it reacts to economic crises and exogenous shocks. In a complex study, it is not sufficient merely to have knowledge of all the macro-indices of the regions, but it is also necessary to study internal micro-structures. This study introduces the regional homogeneity index, using a novel approach and as yet unused indicators by means of the example of two neighbouring NUTS 2 statistical regions. The results can be useful for understanding the regions’ economic development. The methodology and indicators created may also be suitable for European regional pilot research projects.<xref ref-type="fn" rid="j_auseb-2017-0001_fn_001_w2aab3b7ab1b6b1ab1aaAa">1</xref></abstract>

Alexandre Lamfalussy Faculty of Economics

Analysis of Cross-Border Regional Homogeneity and Its Effects on Regional Resilience and Competitiveness

<abstract xmlns="http://www.w3.org/1999/xhtml">The development and configuration of the regulatory framework of the accounting systems in Romania and Hungary took place in different ways. Among the reasons for the diversities in these countries’ accounting systems, the following can be certainly mentioned: different purposes of taxation, legal structure, the accountancy’s connection with the corporate law and family law, diversification on corporate financing policy, and cultural heterogeneity. Both countries quickly caught up with the international accounting harmonization standards. The adaptation of the international accounting standards has many advantages and disadvantages; these have been discussed in several previous researches. This paper aims at comparing the Romanian and Hungarian states’ accounting regulations from the early 1990s, which were implemented in order to harmonize the states’ accountancy regulations with the international standards, and their impact on the economy, based on secondary analysis.</abstract>

The Harmonization of Accounting

<abstract xmlns="http://www.w3.org/1999/xhtml">Worldwide, there is a huge demand for the application of renewable energy technologies mainly due to the current environmental problems that mostly originated from our fossil-based energy system. This study is aiming at presenting areas which require a bigger share of renewables from the global energy mix but only for economic reasons. We highlight that these alternatives can bear with advantageous economic effects compared to the non-renewable ones. We take into account renewables-based business opportunities, and then we discuss the positive effects of renewables on economic development. Finally, we look at the issuant security of energy supply and talk about beneficial labor market impacts caused by renewable energies.</abstract>

Justifiable Renewable Energy Usage from an Economic Angle

<abstract xmlns="http://www.w3.org/1999/xhtml">Besides local economic development (LED) theories, especially LED practices have a growing importance nowadays. By a primary research involving more than 400 actors (local governments, local entrepreneurs, local agencies), the necessary competencies, practical experiences, and the field of further skills and extension concerning cooperation in economic development of localities were analysed. Summing up the research results, both local governments and local entrepreneurs have certain lack of competence that has to be improved, while the need of this exercise (and LED as a whole) for an appropriate financial background and a national strategy/policy is well-emphasized by the answers of the actors.</abstract>

Institute for Regional Economics and Rural Development, Faculty for Economic and Social Sciences

Analysis of Local Economic Development Capacity in Hungarian Rural Settlements

<abstract xmlns="http://www.w3.org/1999/xhtml">This paper proposes that the transformation of the agric sector into an agribusiness model will contribute to repositioning Nigerian economy from its backwater position in the world’s economy. This proposition was investigated with the help of a review of literature and analysis of secondary time series data from the period of 2005–2014, which represented the contributions of the agricultural, manufacturing, oil and gas, and service sectors in Nigeria. One hypothesis was formulated and investigated with the <italic>t</italic>-test, correlation, and regression tests. The test results were positive and statistically significant at.05 alpha level, and they showed that agriculture has the potential to consistently have a significant effect in contributing to the growth of the Nigerian GDP both in the short and long run. These results justify the clarion call within the government and business sectors to diversify the economy and return to agriculture as the country’s bedrock for economic stability, especially as global economy becomes more volatile, uncertain, turbulent, and ambiguous. To this end, six strategies and twelve policy recommendations are suggested towards the implementation of a Structural Adjustment for Agribusiness Promotion (SAFAP) in Nigeria, and this is to be implemented as an action plan for pursuing a nationwide agricultural revolution. The paper concludes that, in view of its Vision 20:2020 to be among the top twenty economies in the world, Nigeria can become positioned to be a major player in global economy by diversifying from an oil-dependent economy into agribusiness and agric trade.</abstract>

Transforming the Nigerian Agricultural Sector into an Agribusiness Model – the Role of Government, Business, and Society

<abstract xmlns="http://www.w3.org/1999/xhtml">The prevalence of counterproductive work behavior (CWB) does not only differ across industries but also varies significantly according to socio-demographic characteristics. This study examines CWB and socio-demographic characteristics among selected employees in the Nigerian maritime industry. Causal research design was adopted to survey 1,000 employees selected through multistage sampling approach in three selected parastatals (Nigerian Ports Authority, Nigerian Maritime Administration and Safety Agency, and Nigerian Shippers Council). The data obtained were analyzed with ANOVA and t-test. Based on the analysis carried out, CWB was found to be significantly related to gender, age, marital status, employee cadre, and income, while employees’ level of educational attainment is not significantly related to CWB. Based on the abovementioned findings, the study concludes that the level of education is not significantly connected to the employees’ propensity towards CWB, while other socio-demographic variables are strongly associated to CWB in the workplace. The study recommends that management should develop a mechanism for identifying and selecting their potential employees as a guide against poor organizational fit of employees and that of the organization. Likewise, effort should be intensified to develop and improve organizational culture that will propel citizenship behavior in the workplace.</abstract>

Counterproductive Work Behaviors: a Socio-Demographic Characteristic-Based Study among Employees in the Nigerian Maritime Sector

<abstract xmlns="http://www.w3.org/1999/xhtml">Migration is one of the main factors that shape and accelerate the development of nations or urban areas, although the dynamics and combined effects of migratory movements, national policies, and the roles of local authorities present a mixed picture in Europe. Some countries have restrictive immigration and integration policies, other nations provide easier access to their political and welfare systems, while the question of local responsibility has also acquired particular importance in recent years. The aim of this study is to explain the linkages between migration policy and development, exploring the variety of European integration policies and their effects on the national socio-economic structures. The integration policy has progressively been becoming ever more important over the last decades. The analysis presents how integration tools interact with national or regional development, emphasizing the role of different migration strategies.</abstract>

A Comparative Analysis of Migration Policies: (Best) Practices from Europe

AHEAD OF PRINT

Volume 11 (2023): Issue 1 (October 2023)

Volume 10 (2022): Issue 1 (September 2022)

Volume 9 (2021): Issue 1 (September 2021)

Volume 8 (2020): Issue 1 (October 2020)

Volume 7 (2019): Issue 1 (December 2019)

Volume 6 (2018): Issue 1 (December 2018)

Volume 5 (2017): Issue 1 (November 2017)

Volume 4 (2016): Issue 1 (December 2016)

Volume 3 (2015): Issue 1 (December 2015)

Volume 2 (2014): Issue 1 (October 2014)

Volume 1 (2013): Issue 1 (July 2013)

Acta Universitatis Sapientiae, Economics and Business

 As a broad-based professional and international journal, the Acta Universitatis Sapientiae, Economics and Business welcomes submissions of applied and theoretical research papers in all fields of Economics and Business. The journal especially encourages submissions on research from management, marketing, quantitative methods and their applications, regional economics, regional development, agricultural economics, and finance. However, the journal is open to research coming from other areas of Economics and Business as well. The primary interest is to publish academic research, but the journal also welcomes good quality research coming from practitioners.   Why subscribe and read   The journal aims to provide readers timely articles of high quality in the fields of economics, business and management.   Why submit   Publishing in our journal associates with quality in the sense that the articles are being reviewed several times having a structure that is in line with international standards. Potentially the articles published in this journal will be visible in several databases.   Rejection Rate    90%      Archiving   Sciendo archives the contents of this journal in Portico - digital long-term preservation service of scholarly books, journals and collections.   Plagiarism Policy   The editorial board is participating in a growing community of Similarity Check System's users in order to ensure that the content published is original and trustworthy. Similarity Check is a medium that allows for comprehensive manuscripts screening, aimed to eliminate plagiarism and provide a high standard and quality peer-review process.   Article Processing Charge (APC)   The journal does not have article processing charges (APCs) nor article submission charges. 