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Editorial office of the journal E&M Economics and Management warns that there have recently emerged false offers promising mediation of publishing in our journal for a certain fee. Editorial office declares that we do not keep such cooperation. Every single review process is standartized and transparent. If you are interested in publishing with E&M, contact our editorial office directly. The journal does not have any intermediaries abroad.

References to literature

From 2016 the journal changes citation style to APA that uses for author's identification name and year of publication (e.g. Novák, 2014; Sixta & Žižka, 2009).

You may find details at http://www.library.cornell.edu/resrch/citmanage/apa. It is also possible to use citation generator at http://www.library.cornell.edu/resrch/citmanage/apa.

Choice of articles of current issue

LOCAL ECONOMIC IMPACT OF THE WHITE NIGHT FESTIVAL IN KOŠICE

Peter Džupka, Miriam Šebová

Culture, in the way of cultural infrastructure, events and cultural heritage, generates a series of economic effects, both direct effects in the cultural sector (employment, production etc.) and induced effects in other sectors of the local economy (construction, tourism, transport, etc.) (Herrero et al., 2006). The promotion and development of the cultural sector has gained increasing popularity as a medium of urban transformation. This concept has been labelled “culture led urban regeneration” (Garcia, 2004; Lähdesmäki, 2012). The best practises were popularized by cities such as Glasgow, Liverpool, Barcelona and Bilbao.
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THE MIGRATION PROCESS OF ROMANIANS TO ANDALUSIA, SPAIN. FOCUS ON SOCIOECONOMIC IMPLICATIONS

Raluca Mariana Grosu, Vasile Dinu

Former communist country, Romania plays an important role in the European Union (EU) in what concerns the migration phenomenon. Emigration represents an important part of the Romanian international migration. For example, a short descriptive analysis of the migratory flows in the EU member states between 2006 and 2010 accomplished by Grosu and Constantin (2011) revealed that Romania, along with Bulgaria, Estonia, Latvia, Lithuania, and Poland is an important provider of immigrants in the mentioned period for the EU countries.
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HOW MUCH WILL I EARN? EXPECTATIONS VERSUS REALITY

Jana Šimsová, Alice Reissová

Work is a very important part of human life. Young people think about their future employment on the labour market and choose their future jobs according to many criteria. Sometimes they choose according to the field they are interested in, in other cases their choice could be influenced by their parents. Motivation for the job choice can be different, but very often the aspect of salary plays an important role, i.e. the salary, which one could expect in a given profession.
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GROWTH DISPARITIES AMONG REGIONS OF THE VISEGRAD GROUP COUNTRIES: AN EVIDENCE OF THEIR EXTENT AND NATURE

Pavel Zdražil, Petra Applová

Uneven regional development is generally understood as a problem of growing importance. Leaders of the European Union (EU) aim to actively address this issue, which can be manifested, for example, by the fact that one of the pivotal long-term and ongoing goals of EU regional policy is to combat regional disparities, which is directly based on Article 174 of the consolidated Treaty on the Functioning of the European Union (EU, 2010).
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VALUE ALLOCATION – CONTRIBUTION AND RISK TO THE RELIABILITY OF FINANCIAL REPORTING

Adela Deaconu, Sorana Crisan, Anuta Buiga

The decision-usefulness theory (Staubus, 2008) connects the quality of the financial information disclosed with the right business decisions made by its users, and it is based on the notion that the relevance and reliability of financial reporting is crucial, having important practical implications. Moreover, according to the basic economic theory, it is shown that high financial reporting quality is a natural outcome of private equity monitoring and governance (Beuselinck & Manigart, 2007).
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