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This contribution is devoted to the issue of calculating Economic Value Added, as one of the most important business performance evaluation indicators. It elaborates and analyses business value calculation inputs as well as inputs for calculating Cost of Equity. The mentioned issue was solved mainly by application of Capital Asset Pricing Model and build-up model in various scenarios. Risks entering the Cost of Equity are verified with the use of statistical methods. Research sample analysis revealed that when cal...

The “European Capital of Culture” project was elaborated by the European Union for the purpose of convergence of individual citizens of the European Union countries and to present the culture of selected cities, states on a European scale. Its aim is to highlight the richness and diversity of European cultures and the features they share, to contribute to better mutual knowledge of European citizens and to support a sense of belonging to the same European Community. The first locality became to be Athens in 19...