5th International Scientific Conference EMAN 2021– Economics &amp; Management: How to Cope with Disrupted Times, CONFERENCE PROCEEDINGS, Online/virtual, March 18, 2021

MARKET EFFICIENCY IN ITS WEAK FORM: THE PRE-COVID AND COVID INDONESIA ANALYSIS

MARKET EFFICIENCY IN ITS WEAK FORM: THE PRE-COVID AND COVID INDONESIA ANALYSIS
(MARKET EFFICIENCY IN ITS WEAK FORM: THE PRE-COVID AND COVID INDONESIA ANALYSIS)

Author(s):Rui Dias, Paula Heliodoro, Paulo Alexandre, Hortense Santos, Cristina Vasco
Language:English
Subject(s):Social Sciences, Economy
Page Range:1-11
No. of Pages:11
Summary/Abstract:This essay aims to analyze the efficiency, in its weak form, in the Exchange Markets IDR/MYR (Indonesia-Malaysia), IDR/PHP (Indonesia-Philippines), IDR/SGD (Indonesia-Singapore), IDR/THB (Indonesia-Thailand), IDR/GBP (Indonesia-UK), IDR/US (Indonesia-USA), IDR/EUR (Indonesia-Euro Zone/Europe). The sample comprises the period from September 3, 2018, to October 20, 2020, and the sample was partitioned into two subperiods: Pre-Covid and Covid. To carry out this analysis, different approaches were undertaken to assess whether: (i) the global pandemic promoted in(efficiency) in the exchange rates of Indonesia vs Malaysia, Philippines, Singapore, Thailand, UK, USA, Eurozone? The results suggest that in the Pre-Covid subperiod we can see that the random walk hypothesis is rejected, IDR/MYR (0.61), IDR/SGD (0.60), IDR/US (0.59), IDR/THB (0.56), IDR/EUR (0.55), IDR/GBP (0.54), except for the IDR/PHP pair (0.45) which evidences anti persistence. Already in the Covid period, we noticed that persistence increased significantly, like followed, IDR/EUR (0.82), IDR/PHP (0.81) IDR/SGD (0.80), IDR/US (0.80), IDR/MYR (0.78), IDR/THB (0.71), IDR/GBP (0.62). These findings show high levels of arbitrage, i.e., investors will be able to obtain abnormal profitability without incurring the additional risk, which could jeopardize the implementation of efficient portfolio diversification strategies due to market imbalance. The authors believe that these findings can help policymakers formulate a comprehensive response to improve the efficiency of the foreign exchange market during a global pandemic event.

THE IMPACT OF TRADE LIBERALIZATION BETWEEN UKRAINE AND EU ON TRADE AND INVESTMENT

THE IMPACT OF TRADE LIBERALIZATION BETWEEN UKRAINE AND EU ON TRADE AND INVESTMENT
(THE IMPACT OF TRADE LIBERALIZATION BETWEEN UKRAINE AND EU ON TRADE AND INVESTMENT)

Author(s):Volodymyr Olefir
Language:English
Subject(s):Social Sciences, Economy
Page Range:13-19
No. of Pages:7
Summary/Abstract:The benefits and costs of the implementation of the Deep and Comprehensive Free Trade Area (DCFTA) between Ukraine and the EU have been studied. The study aimed to find out to what extent the implementation of DCFTA has helped increase exports and attract foreign direct investment into Ukraine’s economy. A comparison method was used to conduct the study. The period of implementation of the DCFTA (2016-2020) was compared with the period before the implementation of the DCFTA (2010-2014). Due to trade liberalization, exports of Ukrainian goods to the EU and imports of goods from the EU to Ukraine have increased. Trade liberalization has not contributed to further attracting foreign direct investment from the EU to Ukraine’s economy. The urgent task of the Government of Ukraine is to create a business regulatory environment according to European standards and protect foreign investment.

POLICY FOR BALANCED REGIONAL DEVELOPMENT: POLICY SETTINGS ON REGIONAL LEVEL – EXPERIENCE AND PRACTICE

POLICY FOR BALANCED REGIONAL DEVELOPMENT: POLICY SETTINGS ON REGIONAL LEVEL – EXPERIENCE AND PRACTICE
(POLICY FOR BALANCED REGIONAL DEVELOPMENT: POLICY SETTINGS ON REGIONAL LEVEL – EXPERIENCE AND PRACTICE)

Author(s):Marija Karaeva, Vesna Goceva Mihajlovska
Language:English
Subject(s):Social Sciences, Economy
Page Range:21-24
No. of Pages:4
Summary/Abstract:Legally defined regional development is the process of identifying, promoting, managing and exploiting the development potential of the planned regions and areas with specific development needs. The policy of regional development is a system of goals, instruments and measures aimed at reducing regional disparities and achieving balanced and sustainable development of the Republic of North Macedonia. Following the adoption of the Law, activities and measures for its full implementation were carried out both at the central and regional level, creating necessary pre-conditions for achieving the policy objectives of balanced regional development: reduction of disparities in development levels between the eight planning regions, and reduction of the disparities in development levels within the planning regions. Experiences that are the result of more than twelve years of implementation of measures and activities to support balanced regional development allow identification of the main factors that enhanced successful implementation of regional development policy on a regional level in North Macedonia, at the same time identifying the conditions that constrained it. Both of these groups of factors are important for the answer to the questions: (i) Are the institutions on the regional level functional? and (ii) what should be improved? Therefore, this paper aims to give an overview of the institutions in charge of planning and implementation of the regional policy of the Republic of North Macedonia at the regional level – Council for Development of the Planning Regions and Centres for Development of the Planning Regions.

DEVELOPMENT OF REGIONAL DIFFERENCES OF SLOVAK HIGHER TERRITORIAL UNITS IN YEARS 2009-2018

DEVELOPMENT OF REGIONAL DIFFERENCES OF SLOVAK HIGHER TERRITORIAL UNITS IN YEARS 2009-2018
(DEVELOPMENT OF REGIONAL DIFFERENCES OF SLOVAK HIGHER TERRITORIAL UNITS IN YEARS 2009-2018)

Author(s):Kristina Janoškova, Barbora Janoškova, Dagmar Petrušova
Language:English
Subject(s):Social Sciences, Economy
Page Range:25-33
No. of Pages:9
Summary/Abstract:The establishment of the regional level in Slovakia was one of the conditions for our accession to the European Union. Its real creation took place in the Slovak Republic two years before the accession to the European Community. Despite the efforts of the Cohesion Policy of the European Union to reduce regional disparities across the member states of the EU, at the regional level of the Slovak Republic, it is possible to constantly monitor differences in the development of the regions. Their elimination is the main objective of Slovak regional policy. The representatives of the national level use the European Union’s support policy to gradually reduce or eliminate the regional disparities. This policy offers the possibility of drawing financial resources from several funds. The indicator of differences in regional development is the regional gross domestic product per capita. By monitoring and analysing its evolution over several years, it is possible to see whether disparities at the regional level are being reduced or, on the contrary, are deepening. In the following article, to determine the current state of regional differences, we present the development of regional disparities of Slovak higher territorial units in 2009-2018 through monitored data on regional gross domestic product per capita at current prices.

MODERN PENSION TRACKING SYSTEM – THE CASE OF SLOVAK ORANGE ENVELOPE PLATFORM

MODERN PENSION TRACKING SYSTEM – THE CASE OF SLOVAK ORANGE ENVELOPE PLATFORM
(MODERN PENSION TRACKING SYSTEM – THE CASE OF SLOVAK ORANGE ENVELOPE PLATFORM)

Author(s):Daniela Dankova, Jan Šebo, Ivan Králik
Language:English
Subject(s):Social Sciences, Economy
Page Range:35-42
No. of Pages:8
Summary/Abstract:European Commission has a long-term objective of tackling the demographic issues of EU member states by creating a network of national pension tracking systems. The initiative launched in 2021 aims to present good practices in building modern pension tracking systems. The paper examines key aspects of a modern, consumer-driven non-governmental platform providing users with the features of pension entitlements across all pension pillars in Slovakia. The methodology is built on the case-study where governance, research, front-end and data management issues are elaborated. The paper presents in-depth steps and robustness of microsimulation model applied for the pension tracking platform. The results could serve for other countries and modern PensionTech providers as a good practice and a guideline to create a comprehensive integrated pension tracking system with minimum development and operational costs and extremely short time-to-market duration.

SECURITIZATION AS A FUNDING SOURCE OF COMPANIES

SECURITIZATION AS A FUNDING SOURCE OF COMPANIES
(SECURITIZATION AS A FUNDING SOURCE OF COMPANIES)

Author(s):Dejan Vukosavljević, Danijela Vukosavljević
Language:English
Subject(s):Social Sciences, Economy
Page Range:43-48
No. of Pages:6
Summary/Abstract:Securitization is in wide use and a component of many risk transfer mechanisms between various parties. It is based on selling risky assets in absolute form, as well as the synthetic transfer of specific risk aspects. This paper aims to define securitization, various contexts of its use, transaction participants and their motivation. Securitization in practice is a process in which loans, receivables and other assets are gathered into pools (packages). Money flows in connection with them are employed as well as economic value as support to securities settlements. Securitization is turning illiquid securities and illiquid assets into liquid securities and liquid assets. The final result of securitization is providing funding for activities of companies by selling their assets gathered into pools (packages), instead of using loans. Methods used in this paper are desk research, as well as the method of analysis, practical application worldwide, etc. This paper proves that securitization can practically be based on any asset the relative value of which can be determined, or which generates relatively predictable future income flow, which does contribute to providing funding of current business activities of a company.

ACCOUNTABILITY AND TRANSPARENCY IN THE NONPROFITS: EVIDENCES FROM ONLINE CROWDFUNDING DURING COVID-19 PANDEMIC

ACCOUNTABILITY AND TRANSPARENCY IN THE NONPROFITS: EVIDENCES FROM ONLINE CROWDFUNDING DURING COVID-19 PANDEMIC
(ACCOUNTABILITY AND TRANSPARENCY IN THE NONPROFITS: EVIDENCES FROM ONLINE CROWDFUNDING DURING COVID-19 PANDEMIC)

Author(s):Marcia R.C. Santos, Rui Dias
Language:English
Subject(s):Social Sciences, Economy
Page Range:49-54
No. of Pages:6
Summary/Abstract:Through accountability, organizations provide key information for stakeholders enabling the latter to make an informed assessment of organizational performance. To achieve transparency, organizations must make information accessible and timely. During the crisis, as in the COVID-19 pandemic period, accurate accountability and transparency practices are most necessary so stakeholders can make informed decisions in an ongoing complex emergency. This study uses data available in an online crowdfunding platform to investigate to what extent are nonprofits implementing accountability and transparency policies regarding applications for funds published during the COVID-19 pandemic. A case study methodology is applied for providing evidence that nonprofits are not timely implementing transparency policies regarding fundraising campaigns. Nevertheless, results identify, in some cases, innovative accountability practices which impact funds raised must further be analyzed. These findings open up further investigations on the accountability of nonprofits during the crisis and on the online organizational transparency regarding fundraising.

RANDOM WALKS AND MARKET EFFICIENCY: GOLD, PLATINUM, SILVER VS ASIA EQUITY MARKETS

RANDOM WALKS AND MARKET EFFICIENCY: GOLD, PLATINUM, SILVER VS ASIA EQUITY MARKETS
(RANDOM WALKS AND MARKET EFFICIENCY: GOLD, PLATINUM, SILVER VS ASIA EQUITY MARKETS)

Author(s):Rui Dias, Paulo Alexandre, Cristina Vasco, Paula Heliodoro, Hortense Santos
Language:English
Subject(s):Social Sciences, Economy
Page Range:55-70
No. of Pages:16
Summary/Abstract:This paper aims to analyze the efficiency, in its weak form, in the markets of commodities, Platinum (London Platinum Free Market $/Troy oz), GOLD (Gold Bullion LBM $/t oz DELAY), SILVER (Silver – Zurich SW. francs/kg) and the stock markets of KOREA, CHINA, JAPAN, PHILIPPINES, INDONESIA, from January 1, 2019 to October 20, 2020. To perform this analysis, different approaches were undertaken to assess whether: (i) the Gold, Platinum, Silver markets have more robust levels of efficiency when compared to Asian stock markets? The results of the variance test indicate that the random walk hypothesis is rejected in the Gold, Platinum and Silver markets, as well as in the Asian stock markets, with no differences between markets. These findings show that profitability is auto-correlated over time, with a reversal of the mean, because the values of variance ratios are lower than the unit, i.e., price fluctuations are not i.i.d. The results have significant implications for investors, as market inefficiency can affect the domestic and international flows of an economy. In conclusion, the hypothesis of market efficiency, in weak form, may be questionable, since the prediction of the movement of a given market can be improved if the out-of-the-current movements of the other markets are considered, thus enabling the occurrence of arbitrage operations. These findings also make room for regulators in these markets to take steps to ensure better information between these markets and international markets.

WTI OIL SHOCKS IN EASTERN EUROPEAN STOCK MARKETS: A VAR APPROACH

WTI OIL SHOCKS IN EASTERN EUROPEAN STOCK MARKETS: A VAR APPROACH
(WTI OIL SHOCKS IN EASTERN EUROPEAN STOCK MARKETS: A VAR APPROACH)

Author(s):Rui Dias, Hortense Santos, Paula Heliodore, Cristina Vasco, Paulo Alexandre
Language:English
Subject(s):Social Sciences, Economy
Page Range:71-84
No. of Pages:14
Summary/Abstract:The 2020 Russia-Saudi Oil Price War was an economic war triggered in March 2020 by Saudi Arabia in response to Russia’s refusal to reduce oil production to keep oil prices at a moderate level. In view of these events, this study aims to analyze oil shocks (WTI) in the eastern European stock markets, namely the stock indices of Hungary (BUX), Croatia (CROBE), Russia (MOEX), Czech Republic (PRAGUE), Slovakia (SAX 16), Slovenia (SBI TOP), Bulgaria (SOFIX), from September 2019 to January 2021. The results show mostly structural breakdowns in March 2020, while the VAR Granger Causality/Block Exogeneity Wald Tests model shows two-way shocks between oil (WTI) and the stock markets analyzed. These findings show that the hypothesis of portfolio diversification may be called into question. As a final discussion, we consider that investors should avoid investments in stock markets, at least as long as this pandemic last, and rebalance their portfolios into assets considered “safe haven” for the purpose of mitigating risk and improving the efficiency of their portfolios.

TRANSPARENCY OF FINANCIAL STATEMENTS AND COMPARATIVE ANALYSIS OF BANK LIQUIDITY, SOLVENCY AND PROFITABILITY INDICATORS IN THE REPUBLIC OF SERBIA AS AN INDICATOR OF BANK PERFORMANCE MEASUREMENT

TRANSPARENCY OF FINANCIAL STATEMENTS AND COMPARATIVE ANALYSIS OF BANK LIQUIDITY, SOLVENCY AND PROFITABILITY INDICATORS IN THE REPUBLIC OF SERBIA AS AN INDICATOR OF BANK PERFORMANCE MEASUREMENT
(TRANSPARENCY OF FINANCIAL STATEMENTS AND COMPARATIVE ANALYSIS OF BANK LIQUIDITY, SOLVENCY AND PROFITABILITY INDICATORS IN THE REPUBLIC OF SERBIA AS AN INDICATOR OF BANK PERFORMANCE MEASUREMENT)

Author(s):Bojana Noviićević Čečević,, Mirjana Jemović, Jovana Milenović
Language:English
Subject(s):Social Sciences, Economy
Page Range:85-94
No. of Pages:10
Summary/Abstract:The banking sector is an important segment of the economic system. Strengthening the role of the non-banking sector, liberalization and deregulation on the financial market have encouraged faster development and transformation of the banking sector. The analytical significance of banks’ balance sheet information was previously used primarily for statistical and monetary analysis. In modern conditions, the financial statements of banks are a significant information resource for many internal and external users. The paper aims to, through the analysis of liquidity, solvency and profitability indicators of the 5 largest banks in the Republic of Serbia, according to the criterion of balance sheet assets for the period from 2017 to 2019, point to their trend in the banking sector, bearing in mind that selected banks make half of the balance sheet assets of the sector.

PANDEMIC CRISIS AND ITS EFFECTS ON BULGARIAN BANKING SYSTEM’S EFFICIENCY

PANDEMIC CRISIS AND ITS EFFECTS ON BULGARIAN BANKING SYSTEM’S EFFICIENCY
(PANDEMIC CRISIS AND ITS EFFECTS ON BULGARIAN BANKING SYSTEM’S EFFICIENCY)

Author(s):Gergana Mihaylova Borisova
Language:English
Subject(s):Social Sciences, Economy
Page Range:95-102
No. of Pages:8
Summary/Abstract:The economies are once again facing the challenges of another crisis related to the spread of coronavirus in 2020. The banking sector, being one of the main intermediaries in the economies, is also affected by the spread of the new crisis, which is different compared to the previous crises such as the global financial crisis in 2008 and the European debt crisis in 2012-2013. Still, the banking sector in Bulgaria suffers from the pandemic crisis due to decelerated growth rate of loans, provided to households and non-financial enterprises, as well as declining profits related to the narrowing spread between interest rates on loans and deposits. The pandemic crisis, which later turned into an economic one, is having a negative impact on the efficiency of the banking system. To prove the negative impact of the pandemic crisis on the efficiency of banks, the non-parametric method for measuring the efficiency, the so-called Data envelopment analysis (DEA), is used.

IMPACT OF LIQUIDITY MANAGEMENT ON COMMERCIAL BANKS PROFITABILITY IN KOSOVO DURING THE PERIOD 2011-2019

IMPACT OF LIQUIDITY MANAGEMENT ON COMMERCIAL BANKS PROFITABILITY IN KOSOVO DURING THE PERIOD 2011-2019
(IMPACT OF LIQUIDITY MANAGEMENT ON COMMERCIAL BANKS PROFITABILITY IN KOSOVO DURING THE PERIOD 2011-2019)

Author(s):Yllka Ahmeti, Ardi Ahmeti, Albina Kalimashi
Language:English
Subject(s):Social Sciences, Economy
Page Range:103-112
No. of Pages:10
Summary/Abstract:Liquidity management and its impact on the profitability of commercial banks are two issues of particular importance in the further development of the business and at the same time two sources of concern for financial managers. For this reason, this study aims to determine the impact of changes in liquidity levels on the profitability of commercial banks in Kosovo. The study is based on secondary data for nine commercial banks in Kosovo over 9 years, respectively for the period from 2011 to 2019, taken from the audited annual statements of these financial institutions. The study measures the relationship between liquidity management and profitability and its impact on profitability. In order to process the data, regression analysis and correlation were used, while the findings determine whether there is a significant relationship between liquidity management and profitability in commercial banks in Kosovo. The current ratio, the quick ratio, the cash ratio and the capital adequacy ratio have been taken as liquidity indicators, while return on assets and return on equity are considered as profitability indicators.

TAXATION ARISING FROM DIGITALISATION: ISSUES AT STAKE

TAXATION ARISING FROM DIGITALISATION: ISSUES AT STAKE
(TAXATION ARISING FROM DIGITALISATION: ISSUES AT STAKE)

Author(s):Silvia Velarde Aramayo
Language:English
Subject(s):Social Sciences, Economy
Page Range:113-120
No. of Pages:8
Summary/Abstract:The OECD is leading global efforts to reach an international consensus around the BEPS Project with the G20 support. Action 1 works on the tax challenges of the digital economy and its proposals have been made with the «inclusive framework» participation that brings together more than 137 countries. The article focuses on the legitimacy, operation, and consequences of all this work for developing countries that, according to estimates of the UNCTAD, lost annually U$100 billion due to tax avoidance schemes by MNEs. The OECD/G20 inclusive framework is designing a new global tax structure and its proposals attempt to introduce new rules on taxing rights allocation and distribution. At the same time, some countries have adopted unilateral measures in order to tax some digital businesses. Finally, the European Union Countries continue to delay the adoption of the CCCTB and DST Directive proposals, and the United States has introduced the GILTI legislation that seeks to tax the global intangible income. Everything seems to indicate that in the next years the international tax architecture will be changed in deep.

HEALTHY ECONOMY: MOBILE APPLICATION TO PROMOTE SUSTAINABILITY IN TIMES OF PANDEMIC

HEALTHY ECONOMY: MOBILE APPLICATION TO PROMOTE SUSTAINABILITY IN TIMES OF PANDEMIC
(HEALTHY ECONOMY: MOBILE APPLICATION TO PROMOTE SUSTAINABILITY IN TIMES OF PANDEMIC)

Author(s):Virca Afonso, Clara Silveira, Leonilde Reis
Language:English
Subject(s):Social Sciences, Economy
Page Range:121-127
No. of Pages:7
Summary/Abstract:Information and communication technologies enhance the digital transformation of society by accelerating and impacting changes in people’s lives. This paper presents a technological solution, within the scope of the Sustainable Development Goals that intends to implement initiatives to “Eradicate Poverty” and “Healthy Living”, namely an application that provides suggestions to optimize savings. The application has underlying concerns in the scope of Psychological Health, as an integral part of the Health of the human being, allowing to perceive the user’s state of mind. It is also considered relevant that people have good psychological health so that they can manage their resources in a rational and intelligent way. The agile methodology was behind the development of the project as a process that combines the iterative model and the incremental model. The Healthy Economy application thus contributes to raising awareness of the rational management of financial resources, promoting the Sustainable Development Goals.

SMART CITIES AND THE NECESSITY OF OPENING OF THE DATA IN THE CZECH REPUBLIC AS AN EXAMPLE OF CEE COUNTRY

SMART CITIES AND THE NECESSITY OF OPENING OF THE DATA IN THE CZECH REPUBLIC AS AN EXAMPLE OF CEE COUNTRY
(SMART CITIES AND THE NECESSITY OF OPENING OF THE DATA IN THE CZECH REPUBLIC AS AN EXAMPLE OF CEE COUNTRY)

Author(s):Libor Pacovsky, Jan Jolič
Language:English
Subject(s):Social Sciences, Economy
Page Range:129-137
No. of Pages:9
Summary/Abstract:Transparency and openness should be the basic principle of modern public administration. Many cities want to become smart cities, so they develop smart city strategies and realise specific smart city projects. However, only a few of the Czech cities are actually successful in this area. This paper studies the problems of the open data approaches in cities’ practice. The public administration collects and stores data representing a smart city’s critical element and one of the smart governance’s essential tools toward modern public administration. The study aims to analyse the situation of open data and smart city measures in the Czech Republic and demonstrate the obvious separation of smart city implementation, data utilisation and smart governance in cities’ practice. The Czech Republic is one of the CEE countries that could benefit from more comprehensive smart cities measurement applications because some of its regions lag in digitalisation development. The opening of the data and the utilisation of them could be the first step for the cities or regions to implement advanced methods and technologies to become smart city. The only cities with successfully implemented smart city measures are the ones that are also relatively successful in open data publishing.

E-PARTICIPATORY AND COMMUNICATION MOBILE APPLICATIONS: CASE STUDY OF PRAGUE

E-PARTICIPATORY AND COMMUNICATION MOBILE APPLICATIONS: CASE STUDY OF PRAGUE
(E-PARTICIPATORY AND COMMUNICATION MOBILE APPLICATIONS: CASE STUDY OF PRAGUE)

Author(s):Michael Fanta, Radek Sobčhart
Language:English
Subject(s):Social Sciences, Economy
Page Range:139-147
No. of Pages:9
Summary/Abstract:Worldwide usage of mobile Internet significantly increases, which underlines the importance of mobile applications as a tool for involving residents in local public affairs and decision-making processes. However, the Czech level of e-participation is below the EU average in the long term. Using an exploratory case study, tis article aims to identify all available e-participatory and communication mobile applications designed for the city of Prague and its inhabitants offered on Google Play Store and Apple App Store. Moreover, using the content analysis method, features of identified mobile applications are explored and described. The majority of identified applications serve as one-way communication channels, and one application has a function that allows it to collect opinions of residents through voting polls. It is essential to significantly increase the user base of these applications and thus to ensure efficient development of e-participation in Prague and also in the Czech Republic in the future.

DIGITAL INJECTION OF UNCERTAINTY: THE INFLUENCE OF SOCIAL MEDIA ON VACCINATION HESITANCY IN THE EUROPEAN UNION

DIGITAL INJECTION OF UNCERTAINTY: THE INFLUENCE OF SOCIAL MEDIA ON VACCINATION HESITANCY IN THE EUROPEAN UNION
(DIGITAL INJECTION OF UNCERTAINTY: THE INFLUENCE OF SOCIAL MEDIA ON VACCINATION HESITANCY IN THE EUROPEAN UNION)

Author(s):Sidorina Ekaterina
Language:English
Subject(s):Social Sciences, Economy
Page Range:149-155
No. of Pages:7
Summary/Abstract:The influence of social media on vaccine hesitant users is concerning, as it most often negatively affects the decision about vaccination of oneself and their children, encourages the spread of misinformation and leads to the endangerment of the population. Giving all the potential that the online sphere obtains, this work is meant to bring awareness of the issues caused by social media regarding anti-vaccination and encourage closer monitoring of such content in order to battle hesitancy. The territory of interest for this research is European Union, as despite its unsullied prior record, the most recent data has been showing outbreaks of vaccine-preventable diseases due to insufficient vaccination coverage rates. (European Commission, 2016) Analyzing European vaccination data and patterns, EU-focused academic researches and literature and social media presence of the “anti-vax” campaigns, the work brings up the prospects and suggestions for the possible solutions to the problem.

OPPORTUNITIES AND CHALLENGES OF APPLYING BLOCKCHAIN TECHNOLOGY AT AIRPORTS

OPPORTUNITIES AND CHALLENGES OF APPLYING BLOCKCHAIN TECHNOLOGY AT AIRPORTS
(OPPORTUNITIES AND CHALLENGES OF APPLYING BLOCKCHAIN TECHNOLOGY AT AIRPORTS)

Author(s):Marija Stojanović, Nikica Radović, Angelina Njeguš
Language:English
Subject(s):Social Sciences, Economy
Page Range:157-166
No. of Pages:10
Summary/Abstract:The outbreak of the Covid-19 pandemic has attracted more attention and highlighted the value of public health as well as the need for safe travel. When it comes to the tourism industry affected by the pandemic, the current global situation requires market transformation and innovation in the function of renewing tourist travel. Blockchain technologies in air transport are directing their business solutions towards the most promising opportunities and possibilities of application of this modern technology, now with a focus on overcoming the impact of the Covid-19 pandemic on business in the tourism industry. Blockchain-based applications have the potential to improve the user experience in the process of tracking luggage and goods, tracking the health of passengers, managing digital currency for the purchase of airline tickets, passenger identity management, loyalty programs, and more. Blockchain technology has already found application in financial management, storage and management of our personal data and information through a chain that is interconnected in time as a distributed book that records transactions between the parties involved, securely and permanently. This paper aims to present the possibilities of Blockchain technology and contribute to raising awareness of the great potential of application in the business of the airport within the tourism industry.

INFORMATION ASYMMETRIES IN ALGORITHMS AT DIGITAL PLATFORMS: MOTIVATIONS TO PARTICIPATE AND EU REGULATORY APPROACH

INFORMATION ASYMMETRIES IN ALGORITHMS AT DIGITAL PLATFORMS: MOTIVATIONS TO PARTICIPATE AND EU REGULATORY APPROACH
(INFORMATION ASYMMETRIES IN ALGORITHMS AT DIGITAL PLATFORMS: MOTIVATIONS TO PARTICIPATE AND EU REGULATORY APPROACH)

Author(s):Vesna Luković
Language:English
Subject(s):Social Sciences, Economy
Page Range:167-181
No. of Pages:15
Summary/Abstract:The junction of economy, law and technology is an important topic in the world that is increasingly moving online. Digital platforms “match” supply and demand by using large amounts of data and algorithms. Some digital platforms dominate travel markets because of platforms’ data and networks effects. Digital platforms in travel industry use algorithms to generate suggestions to consumers via recommendation (ranking) systems. Ranking has important implications not only for business users of digital platforms, but for consumers’ choice as well. This research explores motivations to participate in digital platforms for short-term vacation rental and it sheds light on information asymmetries in regard to algorithms generating ranking in search results. This research also briefly explores EU regulatory approach to digital platforms and looks at the latest EU legal texts in regard to fairness and transparency in ranking.

VIRTUAL ENTERPRISES AS FUTURE CORPORATION FORMS IN THE INDUSTRIAL ENVIRONMENT OR JUST OLD WINE IN NEW SKINS

VIRTUAL ENTERPRISES AS FUTURE CORPORATION FORMS IN THE INDUSTRIAL ENVIRONMENT OR JUST OLD WINE IN NEW SKINS
(VIRTUAL ENTERPRISES AS FUTURE CORPORATION FORMS IN THE INDUSTRIAL ENVIRONMENT OR JUST OLD WINE IN NEW SKINS)

Author(s):Johannes Neumann, Milan Fekete
Language:English
Subject(s):Social Sciences, Economy
Page Range:183-189
No. of Pages:7
Summary/Abstract:This article is examining and determining the phenomenon of virtual cooperation in the industrial environment. Its goal is to research and find insights into whether virtual corporations are a viable alternative to classical and more traditional cooperation forms such as alliances, joint ventures and others. Virtual Enterprises (VEs) are and could be therefore a new organizational business concept to cope with actual and future challenges for companies in the globalization phases. This approach is based on merging all core competencies of a company in a network like organization. This seems to be a necessary response to deal with fast growing economies, fast changing conditions of certain markets and to become an agile reacting company in this environment.

LSTM-BASED AUTOMATED LEARNING WITH SMART DATA TO IMPROVE MARKETING FRAUD DETECTION AND FINANCIAL FORECASTING

LSTM-BASED AUTOMATED LEARNING WITH SMART DATA TO IMPROVE MARKETING FRAUD DETECTION AND FINANCIAL FORECASTING
(LSTM-BASED AUTOMATED LEARNING WITH SMART DATA TO IMPROVE MARKETING FRAUD DETECTION AND FINANCIAL FORECASTING)

Author(s):Zair Bouzidi, Abdelmalek Boudries, Mourad Amad
Language:English
Subject(s):Social Sciences, Economy
Page Range:191-214
No. of Pages:24
Summary/Abstract:This proposed model is based on a deep recurrent neural network trained with Long Short-Term Memory Network (LSTM), used because of its ability to learn long term dependencies, taking the concatenated function and Financial data as input, while integrating encapsulations, using Smart Data and retrieving information by combining multiple search results (all the Web). It combines representation training with financial data while integrating encapsulations from multiple sources and retrieving information by combining multiple search results. It provides some good ideas that we have extended to improve Corporate Marketing and Business Strategies. We show that the proposed model learns to localize and recognize different aspects of Corporate Marketing and Business Strategies. We evaluate it on the challenging task of detecting Fraud in Financial Services and Financial Time Series Forecasting and show that it is more accurate than the state-of-the-art of other neural networks and that it uses fewer parameters and less computation.

DISRUPTIVE TIMES AND HIGHER EDUCATION IN ECONOMICS AND MANAGEMENT: IMPORTANCE OF DUAL ASSESSMENT

DISRUPTIVE TIMES AND HIGHER EDUCATION IN ECONOMICS AND MANAGEMENT: IMPORTANCE OF DUAL ASSESSMENT
(DISRUPTIVE TIMES AND HIGHER EDUCATION IN ECONOMICS AND MANAGEMENT: IMPORTANCE OF DUAL ASSESSMENT)

Author(s):Matea Hanžek, Zdravka Biočina, Maja Martinović, Valentina Pirić
Language:English
Subject(s):Social Sciences, Economy
Page Range:215-222
No. of Pages:8
Summary/Abstract:This paper examines quantitative methods of dual assessment of students’ skills in higher education. Through dual assessment, it tests skills important to adapt to a volatile, uncertain, complex, and ambiguous environment (VUCA). It does so by comparing on the one side student-generated grades and on the other side grades generated by their lecturers. The study was done on the sample of the entire 3rd-year generation of Zagreb School of Economics and Management students (N=79). Lecturers (N=2) who were doing the assessment have multiple years of grading experience. Findings suggest that overall, there are differences between self-assessment of students and assessment made by lecturers. Furthermore, there are also gender differences in student’s self-assessment. Whether for online or face-to-face courses, faculty and students may benefit using the dual assessment approach in developing more skilled students that are capable to adapt to working in ever changing and uncertain environments.

EDUCATION MANAGEMENT AND INFORMATION AND COMMUNICATION TECHNOLOGIES

EDUCATION MANAGEMENT AND INFORMATION AND COMMUNICATION TECHNOLOGIES
(EDUCATION MANAGEMENT AND INFORMATION AND COMMUNICATION TECHNOLOGIES)

Author(s):Snežana Kirin, Nena A. Vasojević, Ivana Vučetić
Language:English
Subject(s):Social Sciences, Economy
Page Range:223-229
No. of Pages:7
Summary/Abstract:The education system is facing the permanent challenge to adapt to the constantly changing states in science, technology, and economy, and it plays an important role in the overall society development and socio-economic progress. In order to establish a high-quality, efficient education system, it is necessary to develop the teaching staff competences in accordance with the innovations in the education field. The quality of the teaching process largely depends on the extent to which modern teaching methods are applied, which are, in the contemporary context, based on the use of the information and communication technologies in the teaching process (ICT). Following the technology advancement and the information channels transformation, the role of the teacher has changed, and in this new context the teacher is assigned with a new role of the “teaching manager”, or the leader of the teaching process. This paper shows comparative analyses of the relations between the teaching stuff ICT training and the organisation of the teaching process, when observed in traditional and online teaching settings. The research was conducted in Serbia in January and February of 2021, during the Covid-19 pandemic, and included the sample of teachers who work in primary schools (N=609).

THE IMPACT OF MOTIVATION OF PRIMARY STUDENTS ON THE IMPLEMENTATION OF DISTANCE LEARNING (SPORTS DAY EXAMPLE)

THE IMPACT OF MOTIVATION OF PRIMARY STUDENTS ON THE IMPLEMENTATION OF DISTANCE LEARNING (SPORTS DAY EXAMPLE)
(THE IMPACT OF MOTIVATION OF PRIMARY STUDENTS ON THE IMPLEMENTATION OF DISTANCE LEARNING (SPORTS DAY EXAMPLE))

Author(s):Mihaela Bernetič Perhavec
Language:English
Subject(s):Social Sciences, Economy
Page Range:231-239
No. of Pages:9
Summary/Abstract:The article contains the description of the bases and starting points of primary physical education and sports day in Slovenia and other European countries. It presents the motivational point of view of the students at the implementation of distance learning for a sports day. There is a graphic display of the results of an online survey that was carried out among teachers and students of Komen primary school, branch of Štanjel. Fifty students from the 1st to 6th grade and 7 teachers took part in the survey. The purpose of the article is the research about what influences the motivation of students in distance learning. From the collected data it was found out that the ICT and interdisciplinary connection have played the most important role in the implementation of the sports day. The answers of the teachers show that besides the ICT devices, the weather, the family and interdisciplinary connections are the main motivators for the children. The students were very motivated at the implementation of the distance sports day. The teachers, as well as students, have found advantages and disadvantages in the organization of a distance sports day.

MANAGEMENT AND ECONOMICS STUDENTS’ EMOTIONAL PROFILE

MANAGEMENT AND ECONOMICS STUDENTS’ EMOTIONAL PROFILE
(MANAGEMENT AND ECONOMICS STUDENTS’ EMOTIONAL PROFILE)

Author(s):Beatrix Sellei
Language:English
Subject(s):Social Sciences, Economy
Page Range:241-252
No. of Pages:12
Summary/Abstract:Although emotionally resonant leadership is widely known, higher education doesn’t focus on the development of emotional-social competencies of students. In this paper, the author presents the positive psychological profile of management and economics students and suggests renewing higher education. Data came from the 1st semester of economics and management students (n=826). Students in each year have a homogenous profile. They are extroverted, with an interesting positive psychological profile. Based on their emotional profile, students are good in many intrapersonal emotional intelligence factors, interpersonal skills, or mood. But, they have lower scores in stress-related emotional competencies. Their relatively low Grit score shows that they are likely to lose focus, although this is one key to work-flow and longtime perseverance. Based on this study, universities can provide better facilities that focus near the hard competencies on soft skills as well – the labor market needs managers with high social and emotional competencies.

ORGANIZATIONAL RESILIENCE – PARADIGM FOR CORPORATE SUSTAINABILITY DURING COVID-19 IN THE PRIVATE SECTOR OF NORTH MACEDONIA

ORGANIZATIONAL RESILIENCE – PARADIGM FOR CORPORATE SUSTAINABILITY DURING COVID-19 IN THE PRIVATE SECTOR OF NORTH MACEDONIA
(ORGANIZATIONAL RESILIENCE – PARADIGM FOR CORPORATE SUSTAINABILITY DURING COVID-19 IN THE PRIVATE SECTOR OF NORTH MACEDONIA)

Author(s):Kate Trajkova, Nikola Sterjovski, Marko Andonov
Language:English
Subject(s):Social Sciences, Economy
Page Range:253-262
No. of Pages:10
Summary/Abstract:The archetype for optimal functionality of modern organizations in unstable and disruptive conditions, known as the new normality, since the outbreak of Covid-19 has become one of the latest paradigms for contemporary management. The challenge arises in the process of creating organizational competences for effective responses to the influences of Covid-19 and securing sustainability reflected as organizational resilience. This paper aims to present the theoretical contours and conceptualization of organizational resilience. The analysis of the theoretical background describes affective, cognitive, relational, and structural mechanisms which are distinct constitutive dimensions of the concept. The research agenda provides answers to the questions regarding the strength of the antecedents through a frame that covers three dimensions: Situational awareness, Adaptive Capability, Individual participation and Engagement. Methods: based on the structural dimensions, for the purposes of this paper, quantitative research was conducted, with a questionnaire on a sample of 138 respondents from companies with domestic and foreign capital located in North Macedonia. The statistical analysis of the data is presented through a resilience analysis grid (RAG). Results: The paper displays an approach to defining the corporative resilient capacities; a framework for identification of a resilient profile in different levels of conceptualization (RAG); an identification of the strength of the potential determinants. Conclusion: The appliance of the determinant model provides answers to the research questions for the potential strengths of resilience capacity determinants in the companies in North Macedonia. The resilience analysis grid (RAG) visualizes the strength of the potential determinants and secures directions for safety management, especially in continuous conditions of long lasting economic shocks.

THE IMPACT OF COVID-19 IN THE AGRI-FOOD COMPANIES IN EXTREMADURA (SPAIN)

THE IMPACT OF COVID-19 IN THE AGRI-FOOD COMPANIES IN EXTREMADURA (SPAIN)
(THE IMPACT OF COVID-19 IN THE AGRI-FOOD COMPANIES IN EXTREMADURA (SPAIN))

Author(s):Beatriz Corchuelo, Pedro E. Lopez Salazar, Celia Sama- Berrocal
Language:English
Subject(s):Social Sciences, Economy
Page Range:263-267
No. of Pages:5
Summary/Abstract:The coronavirus pandemic is having an economic impact, previously non-existent, on the world economy. The objective of this study is to analyze the impact of COVID-19 on agri-food companies in the Autonomous Community of Extremadura (Spain). A qualitative methodology is used through interviews with 15 managers of agri-food companies and a technology center for the period February 2020 - January 2021. The results reveal the existence of differentiated impacts, both financial and operational, depending, principally, on the nature of the products, the changes generated in consumer behavior, and mobility problems. Likewise, changes were observed in the processes and procedures in the companies to overcome the obstacles imposed by the new situation. In conclusion, the change in environmental conditions, as well as the characteristics of the spread of the pandemic, has impacted the strategies, behavior, processes, dynamics and results of organizations regardless of their size and the nature of their work product or service.

ICT IN A SOCIAL ORGANIZATION IN PANDEMIC TIMES

ICT IN A SOCIAL ORGANIZATION IN PANDEMIC TIMES
(ICT IN A SOCIAL ORGANIZATION IN PANDEMIC TIMES)

Author(s):Sara Lidon, Leonilde Reis, Clara Silveira
Language:English
Subject(s):Social Sciences, Economy
Page Range:269-274
No. of Pages:6
Summary/Abstract:Social organizations are faced with financial problems, but also in the areas of Information Systems and Information and Communication Technologies given their support for activities in providing services to citizens. The article presents the problem in the field of the design of a multidisciplinary prototype and information aggregator to support the management of the provision of services of a Social Organization. The research methodology adopted is Design Science Research, given the specificity of the problem. Requirements models, data models, system architecture, and finally the prototype are presented. The proposed prototype aims to contribute to the reduction of regional inequalities, enhancing sustainability in the environmental, social, and human fields, as well as the inclusion of information that optimizes the reuse of non-perishable goods.

MANAGING AND ORGANISING THE COVID-19 EFFECT ON ONLINE SHOPPING BEHAVIOR

MANAGING AND ORGANISING THE COVID-19 EFFECT ON ONLINE SHOPPING BEHAVIOR
(MANAGING AND ORGANISING THE COVID-19 EFFECT ON ONLINE SHOPPING BEHAVIOR)

Author(s):Aleksandra Andreska Sarevska, Sanja Pavlova
Language:English
Subject(s):Social Sciences, Economy
Page Range:275-280
No. of Pages:6
Summary/Abstract:These days, we are all exposed to unusual conditions due to the Coronavirus pandemic COVID-19, which exposes to unpleasant circumstances our families, friends, and also our business activities. According to this fact, it will probably increase the online shopping, because the people are spinning to the e-commerce to buy the things which in normal conditions would buy personally. The paper aims to find out how the COVID-19 pandemic has influenced on the growth of online shopping and electronic commerce, such as managing the new way of living. The authors in this paper use the methods of synthesis, comparison, time series analysis and use data from the Association of e-commerce of the Republic of North Macedonia. The authors concluded that the COVID-19 pandemic has changed the habits of the domestic buyers, who redirected the big part of the online shopping from foreign countries to domestic e-shops.

CREATING LOYAL CUSTOMERS IN DISRUPTIVE TIMES

CREATING LOYAL CUSTOMERS IN DISRUPTIVE TIMES
(CREATING LOYAL CUSTOMERS IN DISRUPTIVE TIMES)

Author(s):Dijana Ivanovska Przo, Maja Kocoska, Katerina Petrovska
Language:English
Subject(s):Social Sciences, Economy
Page Range:281-285
No. of Pages:5
Summary/Abstract:Nowadays, the dynamic market, where customer loyalty is created and maintained, is far more complex than it was in the last couple of years. The market surrounding becomes more and more complex as well so that the good old marketing techniques are no longer effective. It underlines the need for implementing new digital techniques and methods. Building loyalty requires from organizations to create value for their own products and services, in order to show that they are interested to fulfill the requests to create strong bonds with the customers. The goal of this paper is to show how the transformation of working models and activities, disruptive technology, regulatory policies, globalization as well as fast digitalization, prevent many organizations from creating loyal customers. The paper includes primary manager concerns, finds the reasons for the company’s success or failure, and creates ways to reach the customers and to produce loyalty.

APPLICATION OF DIFFERENT MANAGEMENT MODELS IN PRIVATE AND PUBLIC ENTERPRISES THROUGH THE PROCESS OF PROFESSIONALIZATION AT THE LEVEL OF LOCAL SELF-GOVERNMENT

APPLICATION OF DIFFERENT MANAGEMENT MODELS IN PRIVATE AND PUBLIC ENTERPRISES THROUGH THE PROCESS OF PROFESSIONALIZATION AT THE LEVEL OF LOCAL SELF-GOVERNMENT
(APPLICATION OF DIFFERENT MANAGEMENT MODELS IN PRIVATE AND PUBLIC ENTERPRISES THROUGH THE PROCESS OF PROFESSIONALIZATION AT THE LEVEL OF LOCAL SELF-GOVERNMENT)

Author(s):Valentina Vukosavljević Pavlović
Language:English
Subject(s):Social Sciences, Economy
Page Range:287-292
No. of Pages:6
Summary/Abstract:City economic structures on the territory of the Republic of Serbia should adapt and accelerate the process of balanced development between the urban and rural parts of the city on modern principles of management. On the other hand, the role of the process of professionalization of company management, as a factor of modernization at the level of local private and public companies should be explored, starting from the position that management is not only an economic category dominated by rational, financial, market principles and activities but also a sociological category, primarily reflected in the professionalization and democratization of labor relations. For the purpose of analysis, the forms of changes of the following should be considered: a) development strategies, b) production/property relations, c) changes in existing management models.

THE STRUCTURE OF SUPPORTED BUSINESS R&D INITIATIVES BY SUPER-DEDUCTION IN SLOVAKIA

THE STRUCTURE OF SUPPORTED BUSINESS R&D INITIATIVES BY SUPER-DEDUCTION IN SLOVAKIA
(THE STRUCTURE OF SUPPORTED BUSINESS R&D INITIATIVES BY SUPER-DEDUCTION IN SLOVAKIA)

Author(s):Lea Janičičkova, Renata Pakšiova
Language:English
Subject(s):Social Sciences, Economy
Page Range:293-301
No. of Pages:9
Summary/Abstract:The super-deduction of research and development allows any company based in Slovakia, which implements innovative or development projects, to deduct from the tax base for the second time the expenses it has incurred for these projects. The savings that each innovative company would receive in 2018 by using a super-deduction for R&D after meeting the legislative requirements in Slovakia was an extra €21,000 for every €100,000 invested in development and innovation projects. Compared to 2017, the level of super- deduction in 2018 has increased fourfold from 25% to 100% of relevant expenses. The research aims to analyse the projects implemented by the companies in 2018 in Slovakia in the framework of R&D in the content of the projects and the related amount of the deduction which were supported. The research shows that not every business subject carried out R&D only within its focus of the main business.

EVALUATION OF INNOVATIVE ACTIVITIES OF SMES IN THE SLOVAK REPUBLIC

EVALUATION OF INNOVATIVE ACTIVITIES OF SMES IN THE SLOVAK REPUBLIC
(EVALUATION OF INNOVATIVE ACTIVITIES OF SMES IN THE SLOVAK REPUBLIC)

Author(s):Katarína Kráľová, Jana Sochuľáková, Dagmar Petrušova
Language:English
Subject(s):Social Sciences, Economy
Page Range:303-309
No. of Pages:7
Summary/Abstract:Innovation is currently an important source of economic growth. They are an integral part of modern economies. They contribute not only to the growth of the country’s competitiveness but also the creation of new jobs, the improvement of the quality of life, or the protection of the environment and sustainable development. Therefore, the aim of the paper is through selected indicators, e.g. the share of expenditures on development and research in GDP, expenditures on research and development per capita in the regions, the share of enterprises with innovation activity, the structure of expenditures on innovations, etc. to evaluate the current innovation activity of SMEs in individual regions of the Slovak Republic. Based on the results of the analysis, will also outline further possibilities for increasing and especially support from the state of this innovative potential of SMEs at the national but especially regional level. And because the Slovak Republic has long been one of the below-average countries in the field of innovation within the EU, possible barriers to the development of innovative activities of small and medium-sized enterprises in the Slovak Republic will also be identified.

LEADERSHIP COMPETENCIES OF FLEXIBLE TEAMS OF INNOVATIVE PROJECTS OF ENTERPRISES

LEADERSHIP COMPETENCIES OF FLEXIBLE TEAMS OF INNOVATIVE PROJECTS OF ENTERPRISES
(LEADERSHIP COMPETENCIES OF FLEXIBLE TEAMS OF INNOVATIVE PROJECTS OF ENTERPRISES)

Author(s):Svetlana Apenko, Mikhail Romanenko
Language:English
Subject(s):Social Sciences, Economy
Page Range:311-318
No. of Pages:8
Summary/Abstract:Management of innovative projects of enterprises is carried out in conditions of high uncertainty and dynamism of environmental factors. Flexible management methodologies, which have been gaining popularity in recent years, are most suitable for such conditions. To ensure the flexibility of all project management, flexible teams are required, able to quickly adapt to changing situations and develop their competencies under new conditions. For flexible teams, new forms of leadership are particularly important, such as transformational, shared, team-based, and inspirational. However, there is a scientific and practical problem, which is the lack of scientifically based technologies of these forms of leadership and evidence of their impact on the quality of project activities. The purpose of the proposed study: to analyze the state and potential for the introduction of new forms of leadership in flexible teams, to show the relationship between the forms of leadership and the success of innovative projects of enterprises. The study was conducted using sociological and statistical methods, in particular, using a questionnaire and establishing the influence of leadership forms on the success indicators of the project. At the same time, the forms of leadership are studied as a set of different leadership competencies of project managers and project team members. Leadership competencies include: the ability to generate ideas and convince others of their usefulness, skills of involvement in teamwork, motivation to emotionally influence team members, and other competencies. The study proved that modern forms of leadership determine the success of innovative projects. They affect such indicators as effective use of project resources, the satisfaction of different groups of stakeholders, team development, achievement of project goals, and others. This conclusion, as well as the research methodology, can be attributed to the provisions that have scientific novelty and develop project management. The materials are of interest to researchers and specialists who study and develop issues of project team management in practice.

THE IMPACT OF INTELLECTUAL CAPITAL ON THE MARKET VALUE AND PERFORMANCE OF THE COMPANY

THE IMPACT OF INTELLECTUAL CAPITAL ON THE MARKET VALUE AND PERFORMANCE OF THE COMPANY
(THE IMPACT OF INTELLECTUAL CAPITAL ON THE MARKET VALUE AND PERFORMANCE OF THE COMPANY)

Author(s):Ana Milijić, Andrija Popović
Language:English
Subject(s):Social Sciences, Economy
Page Range:319-323
No. of Pages:5
Summary/Abstract:Intellectual capital as a driver of growth and development of technically and technologically intensive companies in the era of knowledge economy is the basic generator of creating superior company performance. The conditions of the “new economy” influenced the change of the business model of modern companies, whereby the identification, measurement, reporting, control and exploitation of the intellectual capital of the company became important in order to maximize the value of owners and other stakeholders of the company. The subject of this paper is to examine the impact of intellectual capital components on the financial and market performance of enterprises. This paper aims to show the degree of connection and direction of movement of financial and market performance of companies in relation to the concentration of intellectual capital in companies.

MEMBERS AND CULTURE, AN INTERWOVEN DICHOTOMY IN ORGANIZATIONS

MEMBERS AND CULTURE, AN INTERWOVEN DICHOTOMY IN ORGANIZATIONS
(MEMBERS AND CULTURE, AN INTERWOVEN DICHOTOMY IN ORGANIZATIONS)

Author(s):Federico de Andreis, Federico Leopardi
Language:English
Subject(s):Social Sciences, Economy
Page Range:325-333
No. of Pages:9
Summary/Abstract:This thematic review discusses how Organizational Culture can develop and improve Human Resource Management strategies, procedures and tools to support and motivate new staff to meet organization, management and stakeholder expectations in a changing and competitive environment. Organizations are made by people; their value is created by the staff. Strategies involving human resources should have not only a supportive function, but definitely a central one. Organizational culture represents a phenomenon that manifests itself in the fundamental assumptions that guide an organization. It finds fulfilment in the behaviours, values and relationships that characterize the organization itself, both internally and with the external environment. In the modern organization culture represents a topical issue; it is considered an essential ingredient for the success of companies and organizations. It was in the 1980s that definitions of this concept, one of the most complex and articulated in organizational theory, were proposed as a coherent set of fundamental assumptions that a certain group has invented, discovered, or developed within an organization. This research aims to demonstrate how culture could influence the members of organization and, in the same way, that the latter influences culture. Particular attention will therefore be paid to the success of organizations that is also based on this fundamental cultural assumption. Organizational culture, in fact, has to be considered as a real phenomenon, cannot be taken out of context, but must always be related to the internal environment of the organization. The new human resources are in fact involved in the cultural process of the organization, which, even if not desired, develops anyway. For this reason, attention to new resources must include a continuous approach to organizational culture and the promotion and support of the one which is best suited to organizational objectives.

SHORT-TERM RENTAL PLATFORMS: AIRBNB IN V4 COUNTRIES

SHORT-TERM RENTAL PLATFORMS: AIRBNB IN V4 COUNTRIES
(SHORT-TERM RENTAL PLATFORMS: AIRBNB IN V4 COUNTRIES)

Author(s):Pavel Peterka, Aleš Rod, Radek Sobčhart
Language:English
Subject(s):Social Sciences, Economy
Page Range:335-341
No. of Pages:7
Summary/Abstract:The concept of sharing economy, is naturally a source of new challenges. These challenges and potential problems must be solved by the regulator in cooperation with the platform to the satisfaction of all stakeholders involved. To do so an overview of the presence of short-term rental platform Airbnb in V4 is necessary. According to the latest data from 2019, the total number of individual short-term rental offers through Airbnb in V4 countries reached 104 400 in 2019. Approximately 4.63 million visitors made use of accommodation offered in V4 countries. In countries of V4 in 2019, guests spent on accommodation and services in the neighborhood of the accommodation space itself 1.202 billion euros.

STRATEGIC MANAGEMENT AND MANAGEMENT TOOLS FOR NATIONAL PARKS IN SERBIA

STRATEGIC MANAGEMENT AND MANAGEMENT TOOLS FOR NATIONAL PARKS IN SERBIA
(STRATEGIC MANAGEMENT AND MANAGEMENT TOOLS FOR NATIONAL PARKS IN SERBIA)

Author(s):Milica Dobričić, Milica Maksić Mulalić
Language:English
Subject(s):Social Sciences, Economy
Page Range:343-349
No. of Pages:7
Summary/Abstract:The management of the national parks Tara, Fruška Gora, Djerdap and Kopaonik and the activities of the managers in Serbia are affairs of the public interest. The manner of their strategic management is defined by the legal framework in the field of nature protection and it implies the adoption and the implementation of documents, such as the nature protection strategy, management plans and spatial plans for the special purpose areas. The paper particularly emphasizes the importance of adopting management plans for national parks, as basic documents for their management, as well as their harmonization with the spatial plans for the special purpose areas, as specific instruments for the management of these areas. It points out the importance of establishing governing bodies, such as a professional alliance and a council of users of national parks, which would improve their management and incorporate the interests of local people and users of space. In accordance with the above, this paper aims to point out the importance of strategic management and strategic documents in the field of protection and management of national parks in Serbia and give suggestions for their improvement.

TRUST IN A STRATEGIC PROJECT: CASE FROM GRAND PARK HOTEL ROVINJ, CROATIA

TRUST IN A STRATEGIC PROJECT: CASE FROM GRAND PARK HOTEL ROVINJ, CROATIA
(TRUST IN A STRATEGIC PROJECT: CASE FROM GRAND PARK HOTEL ROVINJ, CROATIA)

Author(s):Sandra Barač Miftarević, Marko Paliaga
Language:English
Subject(s):Social Sciences, Economy
Page Range:351-356
No. of Pages:6
Summary/Abstract:Trust is a highly recommended component in the project equation management process. According to Rousseau (1984), there are three types of trust: calculus-based trust, relational-based trust, and institutional-based trust, which are adopted to justify the importance of the existence of trust in a strategic project: Grand Park Hotel Rovinj in Rovinj and ACI Marine, Rovinj. Trust is an imperative condition in the project process, which can secure the achievement of the project. If there is an atmosphere of trust in the process environment, the project is successful. All parties involved in this project had a common vision and acted together, so it was assumed that there were no differences between the groups, corresponding to the trust concept proposed in the main hypothesis. A descriptive analysis (cross tabulation and Chi-square) was adopted to investigate the concept of the importance of trust and satisfaction with the working relationship in a strategic project between investors and local government in terms of project outcomes. The project was huge, but we choose to examine only those representatives who matter, with decision-making power and operational chiefs, 20 respondents in total. The sample size was small, but it covered the most important representatives of two groups, and, according to Sandelowski (1995), it could be a covered requirement for validation, despite its size. The project budget was €750 million and the project duration time was two years. The study results demonstrate that the perception of trust based on relationships and trust on an institutional basis is different between investors and local government, but they share a mutual agreement on the perception of trust based on calculations. In terms of satisfaction with the working relationship and project outcome, their perceptions are likewise distinctive. The study results supported the main hypothesis, but solely in relationship to calculus-based trust construct. The other results revealed a considerable degree of disagreement between two actors’ groups, corresponding to the relational-based and institutional-based trust, and to the satisfaction with a work relationship. These results are truly obvious and symptomatic indicators of the complexity which every project process brings with it. The concept of trust challenges researchers even now, although there are very many studies referring to it. This concept covers many scientific fields, revealing its complex and challenging nature, and opening a space for deeper exploration. The relationship between the parties in any network includes this concept as a conditio sine qua non. Strategic projects are a yet unknown area asking for further scientific debate with the principal objective: successful outcome. This analysis is a limited addition to the strategic project area research offering ample area to investigate a liaison between public and private sector in a specific scheme.

THE CHAOTIC RECEIPTS GROWTH MODEL: INTERNATIONAL TOURISM

THE CHAOTIC RECEIPTS GROWTH MODEL: INTERNATIONAL TOURISM
(THE CHAOTIC RECEIPTS GROWTH MODEL: INTERNATIONAL TOURISM)

Author(s):Vesna Jablanović
Language:English
Subject(s):Social Sciences, Economy
Page Range:357-361
No. of Pages:5
Summary/Abstract:International tourism receipts are expenditures by international inbound visitors. These receipts include payments to national carriers for international transport. The basic aims of this paper are: firstly, to create a relatively simple chaotic receipts growth model that is capable of generating stable equilibria, cycles, or chaos, and secondly, to analyze the world receipts growth stability in the period 1995-2018. This paper confirms the existence of the stable growth path of the world receipts in the observed period.

LAND OF FĂGĂRAȘ – A TOP ROMANIAN TOURIST DESTINATION IN 2020

LAND OF FĂGĂRAȘ – A TOP ROMANIAN TOURIST DESTINATION IN 2020
(LAND OF FĂGĂRAȘ – A TOP ROMANIAN TOURIST DESTINATION IN 2020)

Author(s):Ana-Maria Bolborici, Dana Sorea
Language:English
Subject(s):Social Sciences, Economy
Page Range:363-373
No. of Pages:11
Summary/Abstract:The Land of Făgăraș is a unique location at the heart of Romania, which distinguishes itself through its historical and cultural richness, being declared the tourist destination of 2020. The Land of Făgăraș has this important distinction because its geographical position attracted a population with the vision of forming a community. The growing attractiveness for tourists is reflected in the positive trend of tourist traffic and revenue from tourism and various activities. This study will use some of the results obtained through a project called “Mapping the intangible cultural heritage in the Land of Făgăraș” which started in 2018 and ended in 2019. This study aims to present, on the one hand, the results of this project, such as intangible cultural heritage resources of strategic interest in Land of Făgăraș and thematic cultural routes in this region and, on the other hand, to give proof that this region deserved to be one of the top destinations as regards the Romanian tourism.

THE WINE ROAD IN VRANCEA COUNTY

THE WINE ROAD IN VRANCEA COUNTY
(THE WINE ROAD IN VRANCEA COUNTY)

Author(s):Slave Camelia
Language:English
Subject(s):Social Sciences, Economy
Page Range:375-380
No. of Pages:6
Summary/Abstract:Nowadays, G.I.S. is widely used in the traditional cultivation of vines. The vineyard cultivation in Vrancea County is a traditional activity specific to this hilly area. G.I.S. provides tools and information on how the vineyard is cultivated, depending on the environmental factors that influence it: climate, soil, geological substrate through created maps using the ArcMap 10.5 program. G.I.S. is a tool that can be used to analyse and improve vineyard management decisions, and is also a powerful tool in collection, analysis and monitoring data. This article aims to show that different spatial analysis tools used nowadays can play an important role in monitoring vine plantations and implicitly in increasing the production of grapes that will end up as obtained quality wines. To create the slope map and the solar radiation map, it was used a DEM (digital elevation model) with a resolution of 30m. With the help of the created maps, it is possible to make a spatial analysis of the resources within Vrancea County.

CONTENT ANALYSIS OF MICHELIN RESTAURANTS ONLINE REVIEWS IN CROATIA

CONTENT ANALYSIS OF MICHELIN RESTAURANTS ONLINE REVIEWS IN CROATIA
(CONTENT ANALYSIS OF MICHELIN RESTAURANTS ONLINE REVIEWS IN CROATIA)

Author(s):Suzana Marković, Jelena Dorčić, Dora Rašan, Bruna Bucić, Marko Blažić
Language:English
Subject(s):Social Sciences, Economy
Page Range:381-392
No. of Pages:12
Summary/Abstract:The Michelin Guide is considered by many to be the hallmark of global fine dining and quality cuisine. For five years now, renowned and selected Croatian restaurants have been included in the worldwide Michelin Guide. In the latest edition of Michelin Guide, seventy Croatian restaurants were included. Nowadays, to find the ideal restaurant, diners are increasingly using TripAdvisor and reviews on social media. Online reviews are a great source for capturing unique customer experiences. The purpose of this study is to gain insight into the components of restaurant guest experiences. The most recent online reviews on TripAdvisor of 17 Croatian Michelin guide listed restaurants (7 one-star restaurants and 10 Bib Gourmand) were analysed. This study follows a content analysis approach. Simple frequency counts were performed on the number of positive, negative and neutral comments. The empirical results showed that the overall customer satisfaction in the analysed restaurants was positive. The content analysis revealed that customers mainly focused on the food, menu offerings, ambiance, and service in the online reviews. This study contributes to the customer experience literature by applying data mining techniques and content analysis of online reviews to understand customers’ views of the restaurant experience. The findings of this study also provide practical implications for restaurateurs by identifying the key determinants in customer reviews of restaurants.

RELIABILITY UNDER EU PUBLIC PROCUREMENT LAW

RELIABILITY UNDER EU PUBLIC PROCUREMENT LAW
(RELIABILITY UNDER EU PUBLIC PROCUREMENT LAW)

Author(s):Hana Kováčiková
Language:English
Subject(s):Social Sciences, Economy
Page Range:393-399
No. of Pages:7
Summary/Abstract:To exclude or not to exclude? A question asked by many contracting authorities when assessing bids submitted by tenderers, whose reliability might be compromised by their previous misbehaviour or even worst – a criminal offence. According to law, contracting authorities can exclude such tenderers. However, at the same time, tenderers should be allowed to adopt compliance measures aimed at remedying the consequences of their action. In this article the author analyses some aspects of discretional exclusion of tenderers with doubted reliability in the public procurement process according to the 2014 European Union´s Public Procurement Directive and the recent case law of the Court of Justice of the European Union.

ON THE UNDERSTANDING OF THE STATE IN LEGAL THEORY AND DOCTRINE OF THE MODERN AGE

ON THE UNDERSTANDING OF THE STATE IN LEGAL THEORY AND DOCTRINE OF THE MODERN AGE
(ON THE UNDERSTANDING OF THE STATE IN LEGAL THEORY AND DOCTRINE OF THE MODERN AGE)

Author(s):Slobodan Petrović
Language:English
Subject(s):Social Sciences, Economy
Page Range:401-405
No. of Pages:5
Summary/Abstract:There is a large number of teachings about the state in legal philosophy and theory; however, even today in the 21st century, the idealistic and realistic view (teaching) about the state stands out. In the first, the essence of the state is contained in a surreal environment, and in this regard, this direction emphasizes what the state should be like. Three views of this direction still dominate today: utopian, natural, legal, and ethical-cultural. In realistic theories, the state is seen as a phenomenon of the real world in which the essence is contained in the experiential world, determined by laws. Considering that legal theories about the state are relatively young because their largest number originated in the 19th and 20th centuries, this contributes to determining the state as a logically regulated unity of legal norms that regulate the behavior of people in society. In this paper, the emphasis is placed on presenting the modern point of view of the utopian, natural law, ethical-cultural, sociological, and political point of view on the state today. The modern state is considered as an institution within which modern social theories operate

GOVERNMENT LEGAL RESPONSE IN COVID-19 PANDEMIC: A CASE STUDY OF SLOVENIA.

GOVERNMENT LEGAL RESPONSE IN COVID-19 PANDEMIC: A CASE STUDY OF SLOVENIA.
(GOVERNMENT LEGAL RESPONSE IN COVID-19 PANDEMIC: A CASE STUDY OF SLOVENIA.)

Author(s):Ana Intihar Marulc
Language:English
Subject(s):Social Sciences, Economy
Page Range:407-412
No. of Pages:6
Summary/Abstract:The COVID-19 pandemic has been a disruptive occurrence that has impacted our economies and lives with many restrictions. Countries around the world suffered comparable problems, and many were caught by surprise or unprepared. Each took a slightly different approach. This paper examines a case study of a member of the European Union, Slovenia, how it tried to mitigate the consequences of the pandemic with the implementation of eight new legal acts and helped its economy. Speed proved as one of the crucial factors in legal response while battling the COVID-19 pandemic and trying to help the most affected areas by the disease and various restrictions.

ANALYSIS OF INTEGRATION POLICIES FOR VICTIMS OF TRAFFICKING, THE NECESSITY OF THEIR MULTIDISCIPLINARY EVALUATION

ANALYSIS OF INTEGRATION POLICIES FOR VICTIMS OF TRAFFICKING, THE NECESSITY OF THEIR MULTIDISCIPLINARY EVALUATION
(ANALYSIS OF INTEGRATION POLICIES FOR VICTIMS OF TRAFFICKING, THE NECESSITY OF THEIR MULTIDISCIPLINARY EVALUATION)

Author(s):Suela Hana
Language:English
Subject(s):Social Sciences, Economy
Page Range:413-419
No. of Pages:7
Summary/Abstract:Extensive developments and changes in the economic, political, social, cultural and scientific fields have undoubtedly brought problems and disturbing phenomena in many parts of the world, such as the trafficking and exploitation of human beings. Every year many women, girls and children are illegally transported across the borders of their countries of origin, sold or bought, bringing to mind all the primitive ways of human slavery, seen in stark contrast to the galloping development that society has taken today, as well as aspirations for a worldwide civilization and citizenship. Regarding Albania, the beginning of trafficking in human beings dates in 1995 (Annual Analysis of 2003 of the State Social Service, Tirana), where the country found itself in a situation of instability of political, economic, social and cultural changes, as well as in a transitional geographical position to was used by traffickers, mostly Albanians, as an “open door” for the recruitment, transportation and sale of women, girls and children from Moldova, Russia, Romania, Turkey, Albania, China, etc. Albania is identified as a source and transit country for trafficked women and children. In addition, many NGOs and international organizations report significant increase cases in the trafficking of human beings. In 1999, official sources reported that young women and girls had been lured or abducted from refugee camps in Albania during the Kosovo crisis and then sold for prostitution in Italy and the United Kingdom. Reports from Italy, Germany, Belgium and the UK suggest that Albanian women and girls, which are trafficked for prostitution mostly are from rural areas (Organization for Security and Co-operation in Europe Review Conference, September 1999). It is almost common to talk about the phenomenon of trafficking in human beings, about the motivating and attractive factors, the consequences associated with this phenomenon of Albanian society. Given the extent of the trafficking phenomenon during the last 30 years transition period in Albania, the Government has made different legislative and institutional efforts, through a strategic approach to combat and mitigate this phenomenon. However, the elements of identification, protection, reintegration and long-term rehabilitation for victims of trafficking remain issues of concern and still not properly addressed, in the context of the institutional fight against trafficking in persons, which should have as its primary goal the protection of the human rights for victims of trafficking and not their further violation or re-victimization (Annual Report of the European Commission, 2007).

THE EVOLUTION OF THE DESERTIFICATION PHENOMENON IN ROMANIA IN CONNECTION WITH CLIMATE CHANGE

THE EVOLUTION OF THE DESERTIFICATION PHENOMENON IN ROMANIA IN CONNECTION WITH CLIMATE CHANGE
(THE EVOLUTION OF THE DESERTIFICATION PHENOMENON IN ROMANIA IN CONNECTION WITH CLIMATE CHANGE)

Author(s):Slave Camelia
Language:English
Subject(s):Social Sciences, Economy
Page Range:421-426
No. of Pages:6
Summary/Abstract:The purpose of this study is to ensure a model using GIS technologies to reduce the negative consequences of the drought and to propose redevelopment of irrigation and growing plant species adapted to the climatic conditions in the study area. Such model is presented in form of three maps: hypsometric, relief and CLC. The maps can provide important information for the investigated area, and it is a useful tool for analysis of the possibilities of cultivating agricultural lands affected by the desertification – drought. Data from the National Institute of Statistics for the period 2015-2019 were also used.

ECONOMIC STUDY OF GREEN ROOFS AS A SUSTAINABLE CONSTRUCTION SYSTEM

ECONOMIC STUDY OF GREEN ROOFS AS A SUSTAINABLE CONSTRUCTION SYSTEM
(ECONOMIC STUDY OF GREEN ROOFS AS A SUSTAINABLE CONSTRUCTION SYSTEM)

Author(s):Julia G. Borras, Carlos Lerma, Angeles Mas, Jose Vercher, Enrique Gil
Language:English
Subject(s):Social Sciences, Economy
Page Range:427-433
No. of Pages:7
Summary/Abstract:Green roofs respond to a need of today’s society to orient its development towards sustainability. Architecture and urban planning, as builders of the modern city, play a crucial role in the search for a balance between social, environmental and economic growth. Green roofs imply recognized benefits in all three fields, but a study of the economic viability of these solutions is necessary, especially in the field of rehabilitation with tighter budgets. Through a cost-benefit analysis throughout its useful life, it is intended to avoid that the initial construction cost of a green roof, or any sustainable construction, could discourage users, helping them to understand its global dimension from an economic point of view.

WATER QUALITY STATUS IN THE ISHMI RIVER, ALBANIA OVER THE PERIOD 2014-2019 AND PROSPECTIVE TOWARDS THE ACHIEVEMENTS OF EU WFD OBJECTIVES IN ITS BASIN

WATER QUALITY STATUS IN THE ISHMI RIVER, ALBANIA OVER THE PERIOD 2014-2019 AND PROSPECTIVE TOWARDS THE ACHIEVEMENTS OF EU WFD OBJECTIVES IN ITS BASIN
(WATER QUALITY STATUS IN THE ISHMI RIVER, ALBANIA OVER THE PERIOD 2014-2019 AND PROSPECTIVE TOWARDS THE ACHIEVEMENTS OF EU WFD OBJECTIVES IN ITS BASIN)

Author(s):Erjola Keci, Osman Metalla, Vanela Gjeci
Language:English
Subject(s):Social Sciences, Economy
Page Range:435-466
No. of Pages:12
Summary/Abstract:The Ishmi River basin, although it is the smallest of the seven watersheds of Albania, is by far the most polluted one. The assessment of water quality monitoring data over the period 2014 – 2019 in the river system shows annual average concentrations above limit values for ammonia, nitrogen dioxide, nitrate and phosphorus. The paper presents the key stages of the approach followed to identify waterbody pressures, status and impacts assessment, namely: • Identification of driving forces and pressures; • Identification of the significant pressures; • Determination of the consequent status; • Assessment of the impacts; and • Evaluation of the risk of failing to meet the objectives. Quantification of pressures, though feasible, requires significant amounts of good quality data, many of which are not currently collected in Albania. Significant improvements in data collection and coordination between competent authorities will be required as part of future measures.

E-VEHICLES WITH A FOCUS ON TESLA CARS

E-VEHICLES WITH A FOCUS ON TESLA CARS
(E-VEHICLES WITH A FOCUS ON TESLA CARS)

Author(s):Jerneja Jenšterle, Anton Vorina
Language:English
Subject(s):Social Sciences, Economy
Page Range:447-452
No. of Pages:6
Summary/Abstract:The paper presents research on electric cars with an emphasis on Tesla cars. The paper aimed to get to know the development of Tesla and the innovation of their vehicles. As part of the development of their cars, range, consumption and charging play an important role, the research was focused on comparing models and finding the best car. The research found that all Tesla models, that are currently on the market, are comparable, with good range, charging time and consumption. Nowadays, however, an important issue in our lives is the pandemic, so part of the article also describes the consequences of Covid-19 on the company, in which we found that the company managed to operate profitably despite this situation. In addition to cars’ good features, it’s also important to have charging options, which we explored in this paper using a hypothetical route to various European cities and found that charging stations are the most widespread in Western Europe and that it is almost impossible to drive east.

PROCJENA RIZIKA OD PRANJA NOVCA U OKVIRU RAČUNOVODSTVENE PROFESIJE

PROCJENA RIZIKA OD PRANJA NOVCA U OKVIRU RAČUNOVODSTVENE PROFESIJE
(MONEY LAUNDERING RISK ASSESSMENT REGARDING THE ACCOUNTING PROFESSION)

Author(s):Tajana Petrović, Sonja Cindori
Language:Croatian
Subject(s):Social Sciences, Economy
Page Range:453-459
No. of Pages:7
Keywords:Risk Assessment; Suspicious transactions; Due diligence; Forensic; Fraud
Summary/Abstract:The assessment of money laundering and terrorist financing risks is conducted at the supranational and national level, including risk factors and risk variables. Based on the mentioned, the accounting profession is required to provide risk assessments at the level of obliged entities, which results in suspicious transactions reports. The number of suspicious transactions reported in the Republic of Croatia, as well in the world, is notably small, which speaks in favor of insufficient awareness of the threats posed by such conduct. The susceptibility of the accounting profession to illegal actions through the possibility of adjusting financial statements within the framework of creative accounting is evident, while due to non-compliance with legal regulations, unprofessionalism, and unethical needs, there is a need for forensic accounting. The peculiarities of the accounting profession support its ambiguous role in the detection of money laundering and other illegal activities, however, such measures are always implemented a posteriori.

BITNE ODREDNICE KORPORATIVNOG UPRAVLJANJA

BITNE ODREDNICE KORPORATIVNOG UPRAVLJANJA
(ESSENTIAL DETERMINANTS OF CORPORATE GOVERNANCE)

Author(s):Slobodan N. Bracanović
Language:Serbian
Subject(s):Social Sciences, Economy
Page Range:461-466
No. of Pages:6
Keywords:Corporation; Property; Management; Method; Capitals; Market; Success in business
Summary/Abstract:Corporate governance seeks to overcome the conflicts of division of management and ownership in companies. It provides more favorable access to new capital in the financial markets, human resources and with the aim of strengthening competitiveness and comparative advantages, success, investment efficiency. It is a form, a method, a way of developing modern management, as well as building a business culture.

SLOGAN MALOPRODAVAČA U FUNKCIJI CJENOVNOG IMIDŽA

SLOGAN MALOPRODAVAČA U FUNKCIJI CJENOVNOG IMIDŽA
(RETAILER’S SLOGAN IN THE FUNCTION OF PRICE IMAGE)

Author(s):Jelena Franjković
Language:Croatian
Subject(s):Social Sciences, Economy
Page Range:467-473
No. of Pages:7
Keywords:Retail brand; Consumer perception; Slogan; Price image
Summary/Abstract:The image of the retail brand and the price image of the retailer are of significant importance for achieving a competitive advantage and long-term strengthening of the overall image. Retailers’ slogans should reflect their overall strategy and facilitate and consolidate the desired positioning in the minds of customers, ie consumers. The paper studies retailers with predominantly food products, i.e., high-turnover products. Retailers who sell products of different brands find it more difficult to manage and control the positioning of their brand, and the price image also plays a significant role in this. This paper aims to investigate and compare consumer perception of retailers’ slogans and their price image. A primary survey was conducted with persons participating in the purchase of groceries for their household and included the top five retailers in the Croatian market. The results showed that the slogan of retailers can play an important role in the successful management of the price image. The compliance of the perception of the price image of retailers by the respondents with the associations of their slogans to the price level was noted. Finally, it is concluded that the harmonization of all elements of the retail marketing mix facilitates and strengthens the desired positioning in the minds of consumers, and thus the price image.

UDRUŽIVANJE MALIH GOSPODARSKIH SUBJEKATA RADI PLASMANA POLJOPRIVREDNIH PROIZVODA KROZ DISTRIBUTIVNI CENTAR: SLUČAJ HRVATSKIH PROIZVOĐAČA VOĆA

UDRUŽIVANJE MALIH GOSPODARSKIH SUBJEKATA RADI PLASMANA POLJOPRIVREDNIH PROIZVODA KROZ DISTRIBUTIVNI CENTAR: SLUČAJ HRVATSKIH PROIZVOĐAČA VOĆA
(ASSOCIATION OF SMALL ECONOMIC ENTITIES FOR PLACEMENT OF AGRICULTURAL PRODUCTS THROUGH A DISTRIBUTION CENTER: THE CASE OF CROATIAN FRUIT PRODUCERS)

Author(s):Heri Bezić, Gordana Brcković, Davorin Balaž
Language:Croatian
Subject(s):Social Sciences, Economy
Page Range:475-483
No. of Pages:9
Keywords:School scheme; Distribution center; Small businesses; Product placement
Summary/Abstract:To achieve the competitiveness of small businesses in the market with high-quality standards, it is crucial to unite them in the local area. Since the market is dominated by large agricultural producers who reduce the price of products by the amount of products, survival is endangered, and thus the business of small producers of local food products. The subject of the research is to study in detail the determinants of the efficiency of a distribution center that cooperates with small businesses and provides them with a buyout and a secure market. In order to highlight the key aspects of the work of the distribution center for fruits and vegetables, the economic indicators for the period 2009-2019 were analyzed and methods were used to detect which variables are crucial for the association and inclusion of small businesses in distribution centers for the placement of fruit in educational institutions participating in the implementation of the school scheme.

PERCEPCIJA NASTAVNIKA I VASPITAČA O PRIMJENI INKLUZIJE U ŠKOLAMA I VRTIĆIMA

PERCEPCIJA NASTAVNIKA I VASPITAČA O PRIMJENI INKLUZIJE U ŠKOLAMA I VRTIĆIMA
(PERCEPTION OF TEACHERS AND EDUCATORS ABOUT THE APPLICATION OF INCLUSION IN SCHOOLS AND KINDERGARTENS)

Author(s):Suada Aljković Kadrić, Admir Muratović, Ibro Skenderović
Language:Serbian
Subject(s):Social Sciences, Economy
Page Range:485-497
No. of Pages:13
Keywords:Children; Inclusion; Education
Summary/Abstract:A large number of laws and policies that guarantee all children (regardless of differences and specifics) the right to quality education and equal opportunities for development have been adopted to bring the education system in line with European standards. One of these projects is inclusive education. Inclusive education means that schools and kindergartens should accept all children regardless of their physical, intellectual, social, emotional, linguistic and other characteristics. Teachers and educators in schools and kindergartens should nurture an inclusive culture and by their behavior provide examples and models of implementing inclusion in groups. The paper presents the attitudes of teachers and educators on the application of inclusion, which clearly shows their similarities and differences.

PLURALIZAM USTAVNIH VREDNOTA: KONSTITUIRANJE SOCIJALNOG TRŽIŠNOG GOSPODARSTVA U REPUBLICI HRVATSKOJ

PLURALIZAM USTAVNIH VREDNOTA: KONSTITUIRANJE SOCIJALNOG TRŽIŠNOG GOSPODARSTVA U REPUBLICI HRVATSKOJ
(PLURALISM OF CONSTITUTIONAL VALUES: CONSTITUTING SOCIAL MARKET ECONOMY IN THE REPUBLIC OF CROATIA)

Author(s):Valentino Kuzelj, Domeniko Kvartuč
Language:Croatian
Subject(s):Social Sciences, Economy
Page Range:499-505
No. of Pages:7
Keywords:Social state; Social justice; Equality; Constitutional identity; Redistribution
Summary/Abstract:Departing from the fact that the welfare state concept, principles of social justice and equality, and entrepreneurial and market freedoms make an integral part of the Croatian constitutional identity, the paper emphasizes the importance of the development for the institution of a social market economy (as the only acceptable form of market relations in Croatia). The central thesis of the paper is that the content of the constitutional principles of taxation, although not yet explicitly confirmed as part of the constitutional identity, stands implicit in the eternal principles of the Croatian Constitution via requirements that arise from the concept of welfare state and the principles of social justice and equality. Additionally, the authors point out a need to reaffirm the Croatian citizens’ commitment to the social values of the Constitution by choosing social (redistributive) policies through the democratic electoral process.

OPOZORILNI SISTEM ZA ZAVIRANJE V SILI ZA MOTORISTE – INOVACIJA V PROMETNI VARNOSTI Z UPORABO NESPECIALIZIRANE TEHNOLOGIJE

OPOZORILNI SISTEM ZA ZAVIRANJE V SILI ZA MOTORISTE – INOVACIJA V PROMETNI VARNOSTI Z UPORABO NESPECIALIZIRANE TEHNOLOGIJE
(MOTORCYCLE EMERGENCY BRAKING WARNING SYSTEM – TRAFFIC SAFETY INNOVATION USING OFF-THE-SHELF TECHNOLOGY)

Author(s):Matej Barbo, Blaž Rodič
Language:Slovenian
Subject(s):Social Sciences, Economy
Page Range:507-512
No. of Pages:6
Keywords:Traffic safety; Traffic accidents; Motorcycle; Braking aids; Active safety
Summary/Abstract:In this paper we present research findings on collision warning systems and their influence on traffic safety, and present MEBWS – Motorcycle Emergency Braking Warning System, a patented innovation developed at the Faculty of Information Studies in Novo mesto. MEBWS analyses motorcycle movement in real-time using an accelerometer and GPS speed measurement and monitors the following vehicles using a LIDAR. In case a dangerous situation is detected, the MEBWS alerts vehicles behind the motorcycle with an autonomous flashing LED. Furthermore, we are developing a simulation model that will allow us to gauge the influence of MEBWS on traffic safety in large traffic systems and its contribution to the European Union’s goal “Vision Zero” – to reduce road deaths to almost zero by 2050.

MARKET EFFICIENCY IN ITS WEAK FORM: THE PRE-COVID AND COVID INDONESIA ANALYSIS

MARKET EFFICIENCY IN ITS WEAK FORM: THE PRE-COVID AND COVID INDONESIA ANALYSIS (MARKET EFFICIENCY IN ITS WEAK FORM: THE PRE-COVID AND COVID INDONESIA ANALYSIS)

THE IMPACT OF TRADE LIBERALIZATION BETWEEN UKRAINE AND EU ON TRADE AND INVESTMENT

THE IMPACT OF TRADE LIBERALIZATION BETWEEN UKRAINE AND EU ON TRADE AND INVESTMENT (THE IMPACT OF TRADE LIBERALIZATION BETWEEN UKRAINE AND EU ON TRADE AND INVESTMENT)

POLICY FOR BALANCED REGIONAL DEVELOPMENT: POLICY SETTINGS ON REGIONAL LEVEL – EXPERIENCE AND PRACTICE

POLICY FOR BALANCED REGIONAL DEVELOPMENT: POLICY SETTINGS ON REGIONAL LEVEL – EXPERIENCE AND PRACTICE (POLICY FOR BALANCED REGIONAL DEVELOPMENT: POLICY SETTINGS ON REGIONAL LEVEL – EXPERIENCE AND PRACTICE)

DEVELOPMENT OF REGIONAL DIFFERENCES OF SLOVAK HIGHER TERRITORIAL UNITS IN YEARS 2009-2018

DEVELOPMENT OF REGIONAL DIFFERENCES OF SLOVAK HIGHER TERRITORIAL UNITS IN YEARS 2009-2018 (DEVELOPMENT OF REGIONAL DIFFERENCES OF SLOVAK HIGHER TERRITORIAL UNITS IN YEARS 2009-2018)

MODERN PENSION TRACKING SYSTEM – THE CASE OF SLOVAK ORANGE ENVELOPE PLATFORM

MODERN PENSION TRACKING SYSTEM – THE CASE OF SLOVAK ORANGE ENVELOPE PLATFORM (MODERN PENSION TRACKING SYSTEM – THE CASE OF SLOVAK ORANGE ENVELOPE PLATFORM)

SECURITIZATION AS A FUNDING SOURCE OF COMPANIES

SECURITIZATION AS A FUNDING SOURCE OF COMPANIES (SECURITIZATION AS A FUNDING SOURCE OF COMPANIES)

ACCOUNTABILITY AND TRANSPARENCY IN THE NONPROFITS: EVIDENCES FROM ONLINE CROWDFUNDING DURING COVID-19 PANDEMIC

ACCOUNTABILITY AND TRANSPARENCY IN THE NONPROFITS: EVIDENCES FROM ONLINE CROWDFUNDING DURING COVID-19 PANDEMIC (ACCOUNTABILITY AND TRANSPARENCY IN THE NONPROFITS: EVIDENCES FROM ONLINE CROWDFUNDING DURING COVID-19 PANDEMIC)

RANDOM WALKS AND MARKET EFFICIENCY: GOLD, PLATINUM, SILVER VS ASIA EQUITY MARKETS

RANDOM WALKS AND MARKET EFFICIENCY: GOLD, PLATINUM, SILVER VS ASIA EQUITY MARKETS (RANDOM WALKS AND MARKET EFFICIENCY: GOLD, PLATINUM, SILVER VS ASIA EQUITY MARKETS)

WTI OIL SHOCKS IN EASTERN EUROPEAN STOCK MARKETS: A VAR APPROACH

WTI OIL SHOCKS IN EASTERN EUROPEAN STOCK MARKETS: A VAR APPROACH (WTI OIL SHOCKS IN EASTERN EUROPEAN STOCK MARKETS: A VAR APPROACH)

TRANSPARENCY OF FINANCIAL STATEMENTS AND COMPARATIVE ANALYSIS OF BANK LIQUIDITY, SOLVENCY AND PROFITABILITY INDICATORS IN THE REPUBLIC OF SERBIA AS AN INDICATOR OF BANK PERFORMANCE MEASUREMENT

PANDEMIC CRISIS AND ITS EFFECTS ON BULGARIAN BANKING SYSTEM’S EFFICIENCY

PANDEMIC CRISIS AND ITS EFFECTS ON BULGARIAN BANKING SYSTEM’S EFFICIENCY (PANDEMIC CRISIS AND ITS EFFECTS ON BULGARIAN BANKING SYSTEM’S EFFICIENCY)

IMPACT OF LIQUIDITY MANAGEMENT ON COMMERCIAL BANKS PROFITABILITY IN KOSOVO DURING THE PERIOD 2011-2019

IMPACT OF LIQUIDITY MANAGEMENT ON COMMERCIAL BANKS PROFITABILITY IN KOSOVO DURING THE PERIOD 2011-2019 (IMPACT OF LIQUIDITY MANAGEMENT ON COMMERCIAL BANKS PROFITABILITY IN KOSOVO DURING THE PERIOD 2011-2019)

TAXATION ARISING FROM DIGITALISATION: ISSUES AT STAKE

TAXATION ARISING FROM DIGITALISATION: ISSUES AT STAKE (TAXATION ARISING FROM DIGITALISATION: ISSUES AT STAKE)

HEALTHY ECONOMY: MOBILE APPLICATION TO PROMOTE SUSTAINABILITY IN TIMES OF PANDEMIC

HEALTHY ECONOMY: MOBILE APPLICATION TO PROMOTE SUSTAINABILITY IN TIMES OF PANDEMIC (HEALTHY ECONOMY: MOBILE APPLICATION TO PROMOTE SUSTAINABILITY IN TIMES OF PANDEMIC)

SMART CITIES AND THE NECESSITY OF OPENING OF THE DATA IN THE CZECH REPUBLIC AS AN EXAMPLE OF CEE COUNTRY

SMART CITIES AND THE NECESSITY OF OPENING OF THE DATA IN THE CZECH REPUBLIC AS AN EXAMPLE OF CEE COUNTRY (SMART CITIES AND THE NECESSITY OF OPENING OF THE DATA IN THE CZECH REPUBLIC AS AN EXAMPLE OF CEE COUNTRY)

E-PARTICIPATORY AND COMMUNICATION MOBILE APPLICATIONS: CASE STUDY OF PRAGUE

E-PARTICIPATORY AND COMMUNICATION MOBILE APPLICATIONS: CASE STUDY OF PRAGUE (E-PARTICIPATORY AND COMMUNICATION MOBILE APPLICATIONS: CASE STUDY OF PRAGUE)

DIGITAL INJECTION OF UNCERTAINTY: THE INFLUENCE OF SOCIAL MEDIA ON VACCINATION HESITANCY IN THE EUROPEAN UNION

DIGITAL INJECTION OF UNCERTAINTY: THE INFLUENCE OF SOCIAL MEDIA ON VACCINATION HESITANCY IN THE EUROPEAN UNION (DIGITAL INJECTION OF UNCERTAINTY: THE INFLUENCE OF SOCIAL MEDIA ON VACCINATION HESITANCY IN THE EUROPEAN UNION)

OPPORTUNITIES AND CHALLENGES OF APPLYING BLOCKCHAIN TECHNOLOGY AT AIRPORTS

OPPORTUNITIES AND CHALLENGES OF APPLYING BLOCKCHAIN TECHNOLOGY AT AIRPORTS (OPPORTUNITIES AND CHALLENGES OF APPLYING BLOCKCHAIN TECHNOLOGY AT AIRPORTS)

INFORMATION ASYMMETRIES IN ALGORITHMS AT DIGITAL PLATFORMS: MOTIVATIONS TO PARTICIPATE AND EU REGULATORY APPROACH

INFORMATION ASYMMETRIES IN ALGORITHMS AT DIGITAL PLATFORMS: MOTIVATIONS TO PARTICIPATE AND EU REGULATORY APPROACH (INFORMATION ASYMMETRIES IN ALGORITHMS AT DIGITAL PLATFORMS: MOTIVATIONS TO PARTICIPATE AND EU REGULATORY APPROACH)

VIRTUAL ENTERPRISES AS FUTURE CORPORATION FORMS IN THE INDUSTRIAL ENVIRONMENT OR JUST OLD WINE IN NEW SKINS

VIRTUAL ENTERPRISES AS FUTURE CORPORATION FORMS IN THE INDUSTRIAL ENVIRONMENT OR JUST OLD WINE IN NEW SKINS (VIRTUAL ENTERPRISES AS FUTURE CORPORATION FORMS IN THE INDUSTRIAL ENVIRONMENT OR JUST OLD WINE IN NEW SKINS)

LSTM-BASED AUTOMATED LEARNING WITH SMART DATA TO IMPROVE MARKETING FRAUD DETECTION AND FINANCIAL FORECASTING

LSTM-BASED AUTOMATED LEARNING WITH SMART DATA TO IMPROVE MARKETING FRAUD DETECTION AND FINANCIAL FORECASTING (LSTM-BASED AUTOMATED LEARNING WITH SMART DATA TO IMPROVE MARKETING FRAUD DETECTION AND FINANCIAL FORECASTING)

DISRUPTIVE TIMES AND HIGHER EDUCATION IN ECONOMICS AND MANAGEMENT: IMPORTANCE OF DUAL ASSESSMENT

DISRUPTIVE TIMES AND HIGHER EDUCATION IN ECONOMICS AND MANAGEMENT: IMPORTANCE OF DUAL ASSESSMENT (DISRUPTIVE TIMES AND HIGHER EDUCATION IN ECONOMICS AND MANAGEMENT: IMPORTANCE OF DUAL ASSESSMENT)

EDUCATION MANAGEMENT AND INFORMATION AND COMMUNICATION TECHNOLOGIES

EDUCATION MANAGEMENT AND INFORMATION AND COMMUNICATION TECHNOLOGIES (EDUCATION MANAGEMENT AND INFORMATION AND COMMUNICATION TECHNOLOGIES)

THE IMPACT OF MOTIVATION OF PRIMARY STUDENTS ON THE IMPLEMENTATION OF DISTANCE LEARNING (SPORTS DAY EXAMPLE)

THE IMPACT OF MOTIVATION OF PRIMARY STUDENTS ON THE IMPLEMENTATION OF DISTANCE LEARNING (SPORTS DAY EXAMPLE) (THE IMPACT OF MOTIVATION OF PRIMARY STUDENTS ON THE IMPLEMENTATION OF DISTANCE LEARNING (SPORTS DAY EXAMPLE))

MANAGEMENT AND ECONOMICS STUDENTS’ EMOTIONAL PROFILE

MANAGEMENT AND ECONOMICS STUDENTS’ EMOTIONAL PROFILE (MANAGEMENT AND ECONOMICS STUDENTS’ EMOTIONAL PROFILE)

ORGANIZATIONAL RESILIENCE – PARADIGM FOR CORPORATE SUSTAINABILITY DURING COVID-19 IN THE PRIVATE SECTOR OF NORTH MACEDONIA

ORGANIZATIONAL RESILIENCE – PARADIGM FOR CORPORATE SUSTAINABILITY DURING COVID-19 IN THE PRIVATE SECTOR OF NORTH MACEDONIA (ORGANIZATIONAL RESILIENCE – PARADIGM FOR CORPORATE SUSTAINABILITY DURING COVID-19 IN THE PRIVATE SECTOR OF NORTH MACEDONIA)

THE IMPACT OF COVID-19 IN THE AGRI-FOOD COMPANIES IN EXTREMADURA (SPAIN)

THE IMPACT OF COVID-19 IN THE AGRI-FOOD COMPANIES IN EXTREMADURA (SPAIN) (THE IMPACT OF COVID-19 IN THE AGRI-FOOD COMPANIES IN EXTREMADURA (SPAIN))

ICT IN A SOCIAL ORGANIZATION IN PANDEMIC TIMES

ICT IN A SOCIAL ORGANIZATION IN PANDEMIC TIMES (ICT IN A SOCIAL ORGANIZATION IN PANDEMIC TIMES)

MANAGING AND ORGANISING THE COVID-19 EFFECT ON ONLINE SHOPPING BEHAVIOR

MANAGING AND ORGANISING THE COVID-19 EFFECT ON ONLINE SHOPPING BEHAVIOR (MANAGING AND ORGANISING THE COVID-19 EFFECT ON ONLINE SHOPPING BEHAVIOR)

CREATING LOYAL CUSTOMERS IN DISRUPTIVE TIMES

CREATING LOYAL CUSTOMERS IN DISRUPTIVE TIMES (CREATING LOYAL CUSTOMERS IN DISRUPTIVE TIMES)

APPLICATION OF DIFFERENT MANAGEMENT MODELS IN PRIVATE AND PUBLIC ENTERPRISES THROUGH THE PROCESS OF PROFESSIONALIZATION AT THE LEVEL OF LOCAL SELF-GOVERNMENT

THE STRUCTURE OF SUPPORTED BUSINESS R&D INITIATIVES BY SUPER-DEDUCTION IN SLOVAKIA

THE STRUCTURE OF SUPPORTED BUSINESS R&D INITIATIVES BY SUPER-DEDUCTION IN SLOVAKIA (THE STRUCTURE OF SUPPORTED BUSINESS R&D INITIATIVES BY SUPER-DEDUCTION IN SLOVAKIA)

EVALUATION OF INNOVATIVE ACTIVITIES OF SMES IN THE SLOVAK REPUBLIC

EVALUATION OF INNOVATIVE ACTIVITIES OF SMES IN THE SLOVAK REPUBLIC (EVALUATION OF INNOVATIVE ACTIVITIES OF SMES IN THE SLOVAK REPUBLIC)

LEADERSHIP COMPETENCIES OF FLEXIBLE TEAMS OF INNOVATIVE PROJECTS OF ENTERPRISES

LEADERSHIP COMPETENCIES OF FLEXIBLE TEAMS OF INNOVATIVE PROJECTS OF ENTERPRISES (LEADERSHIP COMPETENCIES OF FLEXIBLE TEAMS OF INNOVATIVE PROJECTS OF ENTERPRISES)

THE IMPACT OF INTELLECTUAL CAPITAL ON THE MARKET VALUE AND PERFORMANCE OF THE COMPANY

THE IMPACT OF INTELLECTUAL CAPITAL ON THE MARKET VALUE AND PERFORMANCE OF THE COMPANY (THE IMPACT OF INTELLECTUAL CAPITAL ON THE MARKET VALUE AND PERFORMANCE OF THE COMPANY)

MEMBERS AND CULTURE, AN INTERWOVEN DICHOTOMY IN ORGANIZATIONS

MEMBERS AND CULTURE, AN INTERWOVEN DICHOTOMY IN ORGANIZATIONS (MEMBERS AND CULTURE, AN INTERWOVEN DICHOTOMY IN ORGANIZATIONS)

SHORT-TERM RENTAL PLATFORMS: AIRBNB IN V4 COUNTRIES

SHORT-TERM RENTAL PLATFORMS: AIRBNB IN V4 COUNTRIES (SHORT-TERM RENTAL PLATFORMS: AIRBNB IN V4 COUNTRIES)

STRATEGIC MANAGEMENT AND MANAGEMENT TOOLS FOR NATIONAL PARKS IN SERBIA

STRATEGIC MANAGEMENT AND MANAGEMENT TOOLS FOR NATIONAL PARKS IN SERBIA (STRATEGIC MANAGEMENT AND MANAGEMENT TOOLS FOR NATIONAL PARKS IN SERBIA)

TRUST IN A STRATEGIC PROJECT: CASE FROM GRAND PARK HOTEL ROVINJ, CROATIA

TRUST IN A STRATEGIC PROJECT: CASE FROM GRAND PARK HOTEL ROVINJ, CROATIA (TRUST IN A STRATEGIC PROJECT: CASE FROM GRAND PARK HOTEL ROVINJ, CROATIA)

THE CHAOTIC RECEIPTS GROWTH MODEL: INTERNATIONAL TOURISM

THE CHAOTIC RECEIPTS GROWTH MODEL: INTERNATIONAL TOURISM (THE CHAOTIC RECEIPTS GROWTH MODEL: INTERNATIONAL TOURISM)

LAND OF FĂGĂRAȘ – A TOP ROMANIAN TOURIST DESTINATION IN 2020

LAND OF FĂGĂRAȘ – A TOP ROMANIAN TOURIST DESTINATION IN 2020 (LAND OF FĂGĂRAȘ – A TOP ROMANIAN TOURIST DESTINATION IN 2020)

MARKET EFFICIENCY IN ITS WEAK FORM: THE PRE-COVID AND COVID INDONESIA ANALYSIS
(MARKET EFFICIENCY IN ITS WEAK FORM: THE PRE-COVID AND COVID INDONESIA ANALYSIS)

THE IMPACT OF TRADE LIBERALIZATION BETWEEN UKRAINE AND EU ON TRADE AND INVESTMENT
(THE IMPACT OF TRADE LIBERALIZATION BETWEEN UKRAINE AND EU ON TRADE AND INVESTMENT)

POLICY FOR BALANCED REGIONAL DEVELOPMENT: POLICY SETTINGS ON REGIONAL LEVEL – EXPERIENCE AND PRACTICE
(POLICY FOR BALANCED REGIONAL DEVELOPMENT: POLICY SETTINGS ON REGIONAL LEVEL – EXPERIENCE AND PRACTICE)

DEVELOPMENT OF REGIONAL DIFFERENCES OF SLOVAK HIGHER TERRITORIAL UNITS IN YEARS 2009-2018
(DEVELOPMENT OF REGIONAL DIFFERENCES OF SLOVAK HIGHER TERRITORIAL UNITS IN YEARS 2009-2018)

MODERN PENSION TRACKING SYSTEM – THE CASE OF SLOVAK ORANGE ENVELOPE PLATFORM
(MODERN PENSION TRACKING SYSTEM – THE CASE OF SLOVAK ORANGE ENVELOPE PLATFORM)

SECURITIZATION AS A FUNDING SOURCE OF COMPANIES
(SECURITIZATION AS A FUNDING SOURCE OF COMPANIES)

ACCOUNTABILITY AND TRANSPARENCY IN THE NONPROFITS: EVIDENCES FROM ONLINE CROWDFUNDING DURING COVID-19 PANDEMIC
(ACCOUNTABILITY AND TRANSPARENCY IN THE NONPROFITS: EVIDENCES FROM ONLINE CROWDFUNDING DURING COVID-19 PANDEMIC)

RANDOM WALKS AND MARKET EFFICIENCY: GOLD, PLATINUM, SILVER VS ASIA EQUITY MARKETS
(RANDOM WALKS AND MARKET EFFICIENCY: GOLD, PLATINUM, SILVER VS ASIA EQUITY MARKETS)

WTI OIL SHOCKS IN EASTERN EUROPEAN STOCK MARKETS: A VAR APPROACH
(WTI OIL SHOCKS IN EASTERN EUROPEAN STOCK MARKETS: A VAR APPROACH)

PANDEMIC CRISIS AND ITS EFFECTS ON BULGARIAN BANKING SYSTEM’S EFFICIENCY
(PANDEMIC CRISIS AND ITS EFFECTS ON BULGARIAN BANKING SYSTEM’S EFFICIENCY)

IMPACT OF LIQUIDITY MANAGEMENT ON COMMERCIAL BANKS PROFITABILITY IN KOSOVO DURING THE PERIOD 2011-2019
(IMPACT OF LIQUIDITY MANAGEMENT ON COMMERCIAL BANKS PROFITABILITY IN KOSOVO DURING THE PERIOD 2011-2019)

TAXATION ARISING FROM DIGITALISATION: ISSUES AT STAKE
(TAXATION ARISING FROM DIGITALISATION: ISSUES AT STAKE)

HEALTHY ECONOMY: MOBILE APPLICATION TO PROMOTE SUSTAINABILITY IN TIMES OF PANDEMIC
(HEALTHY ECONOMY: MOBILE APPLICATION TO PROMOTE SUSTAINABILITY IN TIMES OF PANDEMIC)

SMART CITIES AND THE NECESSITY OF OPENING OF THE DATA IN THE CZECH REPUBLIC AS AN EXAMPLE OF CEE COUNTRY
(SMART CITIES AND THE NECESSITY OF OPENING OF THE DATA IN THE CZECH REPUBLIC AS AN EXAMPLE OF CEE COUNTRY)

E-PARTICIPATORY AND COMMUNICATION MOBILE APPLICATIONS: CASE STUDY OF PRAGUE
(E-PARTICIPATORY AND COMMUNICATION MOBILE APPLICATIONS: CASE STUDY OF PRAGUE)

DIGITAL INJECTION OF UNCERTAINTY: THE INFLUENCE OF SOCIAL MEDIA ON VACCINATION HESITANCY IN THE EUROPEAN UNION
(DIGITAL INJECTION OF UNCERTAINTY: THE INFLUENCE OF SOCIAL MEDIA ON VACCINATION HESITANCY IN THE EUROPEAN UNION)

OPPORTUNITIES AND CHALLENGES OF APPLYING BLOCKCHAIN TECHNOLOGY AT AIRPORTS
(OPPORTUNITIES AND CHALLENGES OF APPLYING BLOCKCHAIN TECHNOLOGY AT AIRPORTS)

INFORMATION ASYMMETRIES IN ALGORITHMS AT DIGITAL PLATFORMS: MOTIVATIONS TO PARTICIPATE AND EU REGULATORY APPROACH
(INFORMATION ASYMMETRIES IN ALGORITHMS AT DIGITAL PLATFORMS: MOTIVATIONS TO PARTICIPATE AND EU REGULATORY APPROACH)

VIRTUAL ENTERPRISES AS FUTURE CORPORATION FORMS IN THE INDUSTRIAL ENVIRONMENT OR JUST OLD WINE IN NEW SKINS
(VIRTUAL ENTERPRISES AS FUTURE CORPORATION FORMS IN THE INDUSTRIAL ENVIRONMENT OR JUST OLD WINE IN NEW SKINS)

LSTM-BASED AUTOMATED LEARNING WITH SMART DATA TO IMPROVE MARKETING FRAUD DETECTION AND FINANCIAL FORECASTING
(LSTM-BASED AUTOMATED LEARNING WITH SMART DATA TO IMPROVE MARKETING FRAUD DETECTION AND FINANCIAL FORECASTING)

DISRUPTIVE TIMES AND HIGHER EDUCATION IN ECONOMICS AND MANAGEMENT: IMPORTANCE OF DUAL ASSESSMENT
(DISRUPTIVE TIMES AND HIGHER EDUCATION IN ECONOMICS AND MANAGEMENT: IMPORTANCE OF DUAL ASSESSMENT)

EDUCATION MANAGEMENT AND INFORMATION AND COMMUNICATION TECHNOLOGIES
(EDUCATION MANAGEMENT AND INFORMATION AND COMMUNICATION TECHNOLOGIES)

THE IMPACT OF MOTIVATION OF PRIMARY STUDENTS ON THE IMPLEMENTATION OF DISTANCE LEARNING (SPORTS DAY EXAMPLE)
(THE IMPACT OF MOTIVATION OF PRIMARY STUDENTS ON THE IMPLEMENTATION OF DISTANCE LEARNING (SPORTS DAY EXAMPLE))

MANAGEMENT AND ECONOMICS STUDENTS’ EMOTIONAL PROFILE
(MANAGEMENT AND ECONOMICS STUDENTS’ EMOTIONAL PROFILE)

ORGANIZATIONAL RESILIENCE – PARADIGM FOR CORPORATE SUSTAINABILITY DURING COVID-19 IN THE PRIVATE SECTOR OF NORTH MACEDONIA
(ORGANIZATIONAL RESILIENCE – PARADIGM FOR CORPORATE SUSTAINABILITY DURING COVID-19 IN THE PRIVATE SECTOR OF NORTH MACEDONIA)

THE IMPACT OF COVID-19 IN THE AGRI-FOOD COMPANIES IN EXTREMADURA (SPAIN)
(THE IMPACT OF COVID-19 IN THE AGRI-FOOD COMPANIES IN EXTREMADURA (SPAIN))

ICT IN A SOCIAL ORGANIZATION IN PANDEMIC TIMES
(ICT IN A SOCIAL ORGANIZATION IN PANDEMIC TIMES)

MANAGING AND ORGANISING THE COVID-19 EFFECT ON ONLINE SHOPPING BEHAVIOR
(MANAGING AND ORGANISING THE COVID-19 EFFECT ON ONLINE SHOPPING BEHAVIOR)

CREATING LOYAL CUSTOMERS IN DISRUPTIVE TIMES
(CREATING LOYAL CUSTOMERS IN DISRUPTIVE TIMES)

THE STRUCTURE OF SUPPORTED BUSINESS R&D INITIATIVES BY SUPER-DEDUCTION IN SLOVAKIA
(THE STRUCTURE OF SUPPORTED BUSINESS R&D INITIATIVES BY SUPER-DEDUCTION IN SLOVAKIA)

EVALUATION OF INNOVATIVE ACTIVITIES OF SMES IN THE SLOVAK REPUBLIC
(EVALUATION OF INNOVATIVE ACTIVITIES OF SMES IN THE SLOVAK REPUBLIC)

LEADERSHIP COMPETENCIES OF FLEXIBLE TEAMS OF INNOVATIVE PROJECTS OF ENTERPRISES
(LEADERSHIP COMPETENCIES OF FLEXIBLE TEAMS OF INNOVATIVE PROJECTS OF ENTERPRISES)

THE IMPACT OF INTELLECTUAL CAPITAL ON THE MARKET VALUE AND PERFORMANCE OF THE COMPANY
(THE IMPACT OF INTELLECTUAL CAPITAL ON THE MARKET VALUE AND PERFORMANCE OF THE COMPANY)

MEMBERS AND CULTURE, AN INTERWOVEN DICHOTOMY IN ORGANIZATIONS
(MEMBERS AND CULTURE, AN INTERWOVEN DICHOTOMY IN ORGANIZATIONS)

SHORT-TERM RENTAL PLATFORMS: AIRBNB IN V4 COUNTRIES
(SHORT-TERM RENTAL PLATFORMS: AIRBNB IN V4 COUNTRIES)

STRATEGIC MANAGEMENT AND MANAGEMENT TOOLS FOR NATIONAL PARKS IN SERBIA
(STRATEGIC MANAGEMENT AND MANAGEMENT TOOLS FOR NATIONAL PARKS IN SERBIA)

TRUST IN A STRATEGIC PROJECT: CASE FROM GRAND PARK HOTEL ROVINJ, CROATIA
(TRUST IN A STRATEGIC PROJECT: CASE FROM GRAND PARK HOTEL ROVINJ, CROATIA)

THE CHAOTIC RECEIPTS GROWTH MODEL: INTERNATIONAL TOURISM
(THE CHAOTIC RECEIPTS GROWTH MODEL: INTERNATIONAL TOURISM)

LAND OF FĂGĂRAȘ – A TOP ROMANIAN TOURIST DESTINATION IN 2020
(LAND OF FĂGĂRAȘ – A TOP ROMANIAN TOURIST DESTINATION IN 2020)

THE WINE ROAD IN VRANCEA COUNTY
(THE WINE ROAD IN VRANCEA COUNTY)

CONTENT ANALYSIS OF MICHELIN RESTAURANTS ONLINE REVIEWS IN CROATIA
(CONTENT ANALYSIS OF MICHELIN RESTAURANTS ONLINE REVIEWS IN CROATIA)

RELIABILITY UNDER EU PUBLIC PROCUREMENT LAW
(RELIABILITY UNDER EU PUBLIC PROCUREMENT LAW)

ON THE UNDERSTANDING OF THE STATE IN LEGAL THEORY AND DOCTRINE OF THE MODERN AGE
(ON THE UNDERSTANDING OF THE STATE IN LEGAL THEORY AND DOCTRINE OF THE MODERN AGE)

GOVERNMENT LEGAL RESPONSE IN COVID-19 PANDEMIC: A CASE STUDY OF SLOVENIA.
(GOVERNMENT LEGAL RESPONSE IN COVID-19 PANDEMIC: A CASE STUDY OF SLOVENIA.)

ANALYSIS OF INTEGRATION POLICIES FOR VICTIMS OF TRAFFICKING, THE NECESSITY OF THEIR MULTIDISCIPLINARY EVALUATION
(ANALYSIS OF INTEGRATION POLICIES FOR VICTIMS OF TRAFFICKING, THE NECESSITY OF THEIR MULTIDISCIPLINARY EVALUATION)

THE EVOLUTION OF THE DESERTIFICATION PHENOMENON IN ROMANIA IN CONNECTION WITH CLIMATE CHANGE
(THE EVOLUTION OF THE DESERTIFICATION PHENOMENON IN ROMANIA IN CONNECTION WITH CLIMATE CHANGE)

ECONOMIC STUDY OF GREEN ROOFS AS A SUSTAINABLE CONSTRUCTION SYSTEM
(ECONOMIC STUDY OF GREEN ROOFS AS A SUSTAINABLE CONSTRUCTION SYSTEM)

E-VEHICLES WITH A FOCUS ON TESLA CARS
(E-VEHICLES WITH A FOCUS ON TESLA CARS)

PROCJENA RIZIKA OD PRANJA NOVCA U OKVIRU RAČUNOVODSTVENE PROFESIJE
(MONEY LAUNDERING RISK ASSESSMENT REGARDING THE ACCOUNTING PROFESSION)

BITNE ODREDNICE KORPORATIVNOG UPRAVLJANJA
(ESSENTIAL DETERMINANTS OF CORPORATE GOVERNANCE)

SLOGAN MALOPRODAVAČA U FUNKCIJI CJENOVNOG IMIDŽA
(RETAILER’S SLOGAN IN THE FUNCTION OF PRICE IMAGE)

UDRUŽIVANJE MALIH GOSPODARSKIH SUBJEKATA RADI PLASMANA POLJOPRIVREDNIH PROIZVODA KROZ DISTRIBUTIVNI CENTAR: SLUČAJ HRVATSKIH PROIZVOĐAČA VOĆA
(ASSOCIATION OF SMALL ECONOMIC ENTITIES FOR PLACEMENT OF AGRICULTURAL PRODUCTS THROUGH A DISTRIBUTION CENTER: THE CASE OF CROATIAN FRUIT PRODUCERS)

PERCEPCIJA NASTAVNIKA I VASPITAČA O PRIMJENI INKLUZIJE U ŠKOLAMA I VRTIĆIMA
(PERCEPTION OF TEACHERS AND EDUCATORS ABOUT THE APPLICATION OF INCLUSION IN SCHOOLS AND KINDERGARTENS)

PLURALIZAM USTAVNIH VREDNOTA: KONSTITUIRANJE SOCIJALNOG TRŽIŠNOG GOSPODARSTVA U REPUBLICI HRVATSKOJ
(PLURALISM OF CONSTITUTIONAL VALUES: CONSTITUTING SOCIAL MARKET ECONOMY IN THE REPUBLIC OF CROATIA)

OPOZORILNI SISTEM ZA ZAVIRANJE V SILI ZA MOTORISTE – INOVACIJA V PROMETNI VARNOSTI Z UPORABO NESPECIALIZIRANE TEHNOLOGIJE
(MOTORCYCLE EMERGENCY BRAKING WARNING SYSTEM – TRAFFIC SAFETY INNOVATION USING OFF-THE-SHELF TECHNOLOGY)