Dear Reader,
We present you with the 32nd edition of the ”Journal of Management and Financial Sciences”. We hope that its content will make a valid contribution to the development of economic thought and contribute to a deeper understanding of complex issues discussed in it.
The first article by Maria Aluchna and Emilia Tomczyk examines compliance with corporate governance best practice in the post transition economy addressing the heterogeneity of interests of different shareholders.
The aim of the second article by Emil Bukłaha is to present the views of domestic and foreign authors on the genesis of project controlling and importance of that idea for the success of implemented projects, as well as its evolution in relation to project management and the attempt to classify it from the point of view of accepted analysis criteria.
In the next paper Barbara Hadryjańska discusses the main assumptions of the sustainable development concept and shows how the environmental management system, which implements the idea in practice, is put in place in the dairy industry.
The next author in her paper presents the situation on the labour market in three Warsaw districts, Praga South, North and Targówek, identified as problematic areas and included into the Integrated Revitalization Programme for the years 2014–2022. The main goal of the article is to present structural change on these local labour markets, within the context of two emerging trends: development of the creative industries and public institution policies towards start-ups and traditional craftsmanship.
In the next paper Kristian Barłożewski posits, based on the data set covering an 8‑year period between 2006 and 2013, that Polish firms show an inverted U-curve relationship between multinationality and performance.
The aim of the paper by Andrzej Jędruchniewicz is to evaluate the usefulness of the Austrian Business Cycle Theory (ABCT) in explaining the changes in wage structure occurring during different phases of the business cycle. Research methods applied are consistent with the methodological viewpoint of the Austrian School of Economics (ASE), using a mix of deductive reasoning and statistical analysis.
Kamil Decyk in his paper contains theoretical considerations on cryptocurrencies in the context of innovation and specifically focuses on the most popular cryptocurrency – bitcoin (BTC).
The last paper by Józef Haczyński, Kazimierz Ryć and Zofia Skrzypczak compares the population of doctors and nurses in the health care system in Poland and in other European countries. Our goal was also to specify which areas necessitate systemic changes to increase the number of practising doctors and nurses.
We wish you a pleasant reading.
Ryszard Bartkowiak,
Chairman of the Scientific Council and Dean of the Faculty
Michał Matusewicz,
Vice-Chairman of the Scientific Council and Vice-Dean of the Faculty

Published: 2019-07-27