The effect of Bosnian and Herzegovinian national culture on conflict resolution styles in foreign-owned companies
Conflicts are an integral part of doing business and companies cannot avoid them. In a globalized and dynamic environment, there is a need to manage conflicts that occur within the company, in a productive and effective way. Conflict management styles are influenced by a number of factors, including the national culture of employees, who will have ...
By Dijana Husaković, Anida Šabanović
Financial reporting incentives: Taxation and external financing need
Earnings management literature extensively explores tax regime and debt contracting as possible incentives in financial reporting. Firms engage with aggressive financial reporting to bias earnings in periods when the need for external financing increases. Contrary to this, the tax burden represents incentive for more conservative reporting. We argu...
By Nino Serdarević, Ajla Muratović-Dedić
Recruitment and selection of human resources and organizational creativity in small and medium-sized enterprises
In modern business conditions, human resources have become the most important resource of enterprises, and many authors point out that this is especially true for SMEs, in which, due to their specificity, human resources create a competitive advantage of the company and affect its survival and development. SMEs are faced with a strong, global compe...
By Iva Klepić, Mirela Mabić, Danijela Madžar
The importance of technological progress in measuring economic growth in Bosnia and Herzegovina
Economic growth is one of the most important concepts in the world economy. Although some authors critically believe that the level and rates of economic growth do not necessarily reflect the actual standard of living, it still remains the main way to measure a country's well-being. Different views on the topic of economic growth, as well as the fa...
By Faruk Hadžić
Government's excessive spending and private sector's access to bank credit: Evidence from the Republic of North Macedonia
Due to the crucial role of credit in the economic activity of a country, there is agrowing empirical literature examining the determinants of domestic credit to theprivate sector, which may be demand-side or supply-side factors. It is commonlyheld that excessive domestic debt reduces private sector credit, raise bank lendingrates, and shrink output...
By Nina Mojsova-Kjoseva, Martin Noveski
Corporate social responsibility of SMEs in the Republic of Croatia
From a long-term perspective, modern capitalism does not only require companiesto profit as much as possible, but is increasingly paying attention to the social andenvironmental problems of business. It refers to meeting the social and environmental needs of the wider community. Climate change affecting the extinction ofbiological species has a maj...
By Valentina Vinšalek-Stipić
Innovation in public sector institutions in the Federation of Bosnia and Herzegovina
Innovation has become a necessity in order to overcome some challenging timesin the rapid changing world. The world’s paradigm is shifting towards sustainabledevelopment and shared values. Even though numerous benefits of innovating thepublic sector (PS) have been recognised worldwide, the concept of public sectorinnovation (PSI) is still new...
By Zlatko Lagumdžija, Lamija Krndžija, Lejla Turulja
The limitations of entrepreneurship development in Bosnia and Herzegovina with special emphasis on tax regulations and procedures
Small and medium-sized enterprises account for over 99% of active businesses in Bosnia and Herzegovina, and face a number of limitations when performing their business activities. A number of those limitations relate to the nature of small and medium-sized enterprises, but most are due to the inadequate legal and regulatory framework for doing busi...
By Jasmina Mangafić, Danijela Martinović, Senita Mašić
From competitiveness to sustainability: Is the innovativeness the answer?
We live in a rapidly changing global society, where no one can predict the outcome of the economic, social, and political structures of the world. Changes in science, technology, and economics are particularly noticeable and are closely linked to human life. These changes create new opportunities but also challenges in new areas of everyday activit...
By Zlatko Lagumdžija, Amra Kapo, Lejla Turulja
Shift-share employment analysis of cantons in the Federation of Bosnia and Herzegovina
Structure of each economy, especially those in transition, is in constant change.Shift-share analysis is widely used for studying of regional economic change. Themodel in which the present analysis is conducted has three components: (i) the national growth component (in this paper the entity level of Federation of BH is usedas reference level), (ii...
By Jasmin Halebić, Alem Merdić