Social and Economic Policy

4 March 2013

The commentary about the necessity of regulating the issue of compensating unused leave of absence of fired employees

On January 28th 2012 the Ministry of Justice of Georgia published a draft law of the changes of the organic law of the Labor Code. IDFI replied to the project for changes and posted a commentary about the necessity of regulating the issue of compensating unused leave of absence of fired employees. The commentary was also sent to the secretary of the Minister of Justice, Mr. Alexandre Baramidze, in written form. We welcome the engagement of the civil society in the process of reformation of th

18 October 2012

Capital Market in Georgia and its Enemies

Khishtovani Giorgi - Department of Accounting and Control, University of Bremen, Germany; Expert of the Institute for Development of Freedom of Information (IDFI) For the last 20 years, two parallel processes necessary for the long-term development of the Georgian economy have been in progress: on the one hand, the model of Georgian capitalism is forming (Christophe, 2006) and on the other hand, a functional Georgian financial market is in the process of development. Unfortunately, these

16 October 2012

Corporate Political Responsibility (CPR) and its Impact on Companies’ Financial Performance – The Case of the Georgian Insurance Sector

Khishtovani Giorgi - Department of Accounting and Control, University of Bremen, Germany; Expert of the Institute for Development of Freedom of Information (IDFI) Pirveli Erekle -Department of Accounting and Control, University of Bremen, Germany The current paper explores Corporate Political Responsibility (CPR) by considering the case of Georgia. It also attempts to discuss the impact of CPR on the economic development of the Georgian state by analyzing the Georgian insurance s