The impact of non-financial motivation on job satisfaction: The case with physicians in the Republic of North Macedonia
Health organizations are increasingly trying to guide and motivate physicians in many ways. The current era is competitive and healthcare organizations, regardless of size, technology and market focus, are also facing retention of physicians. To achieve prosperity, healthcare organizations use different strategies to compete with competitors. Succe...
By Kiril Postolov, Boris Postolov
Overview of the internal firm growth and corporate finance principles: Theories, expectations and application outcomes
Throughout almost a century many theories of firm growth, investments, financial leverage and dividend policy have been developed aiming to capture decisive relations among the crucial firm internal potentials. The extensive literature reveals many determinants influencing firm growth. The expectations of the relations among investment activities, ...
By Jasmina Džafić, Nedžad Polić
Research on the importance of performance of business excellence of hotel companies in the time of globalization and regionalization
The focal point of the research in this paper is based on examining and evaluating the role and importance of performance of business excellence in the hotel industry in the time of globalization and regionalization. The research conducted in this paper included the views of hotel managers related to each performance of business excellence in Bosni...
By Samira Dedić, Amra Nuhanović, Jasenka Đulić
Public debt and economic growth: Two public debt management scenarios in Montenegro
Growing public debt is one of the biggest challenges faced by both developing and developed economies. Available research indicates the negative impact of public debt growth on economic growth. Applying the OLS method to the panel data for the countries of the Western Balkans and the period from 1998 to 2019, we found that one percentage growth in ...
By Maja Baćović
Is it possible to improve bank performance? Evidence from banks in Bosnia and Herzegovina
This research was conducted to identify variables that affect the efficiency of banks in Bosnia and Herzegovina. The required data were collected from 30 respondents (banks directors and CEOs) and a targeted set of 20 questions. For the purposes of data analysis, the statistical technique of factor analysis was used with the help of principal compo...
By Almir Alihodžić, Ilma Dedić-Grabus
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
ASSESSING THE EUROPEAN CENTRAL BANK’S UNCONVENTIONAL MEASURES - A RECURSIVE VAR APPROACH
Unconventional monetary measures utilization has proven to be of great importance in maintaining monetary and economic stability after the Great Recession. However, we aim to test this conclusion through the impact of the quantitative easing imple- mented by the European Central Bank. Observed through generated shocks in the balance sheet of the Eu...
By Filip Peovski, Gjorgji Gockov