The capital market plays a pivotal role in determining the economic growth and development of a country. Access to capital and the evolution of the capital market are closely intertwined with a nation's economic progress, as evidenced by numerous theoretical and empirical studies.
For 20 years, Grant Thornton has been conducting research that monitors and measures the proportion of women in management positions in companies around the world. The Women in Business project investigated what helps and what hinders women in high positions that bring with them many challenges. Global companies weathered the 2007-2008 financial crisis. year, have weathered the pandemic and are currently struggling with the impact of geopolitical tensions and conflicts.
Employees, human resources, and their management practices are increasingly becoming the focal point for organizations worldwide in today's dynamic business landscape. With turbulence, challenges, and rapid changes in the business environment, adaptability, continuous learning, creativity, and innovation have become paramount. Recognizing that employees play a pivotal role in organizational development and growth, effective human resources management has emerged as a critical activity—and perhaps the most significant challenge—that companies have to face today.
In recent years, the term "leader" has gained frequent usage in the business world. Leadership, however, is not solely defined by roles, bonuses, and positions; it is achieved through continuous self-investment. Education, training, and various seminars benefit everyone in business, not just leaders, enhancing their ability to lead a team towards specific goals. The collective success of employees leads to both a thriving business and the genuine title of a leader, particularly a team leader.
Despite acquiring formal education at a younger age, the process of learning, acquiring new skills, and education should never cease.
Despite the fact that a significant number of companies still rely on printer-printed invoices, a regional survey conducted by Grant Thornton in Hungary revealed that the majority use electronic processes that are automated and plan to further expand and improve the use of such systems in the near future. This highlights the growing digitalization trend in accounting and shows that companies are looking to optimize their invoicing practices to achieve greater efficiency and cost savings.