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

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

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

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

The effects of coronavirus pandemics are omnipresent in the national economy of Bosnia and Herzegovina. Output and unemployment are probably the most impor- tant variables for measuring the negative effects of the pandemics from a macroe- conomic perspective. Different organizations, both national and international, have announced their autumn and ...

By Jasmin Halebic

Covid-19 has implications on the overall operation of Macedonian wineries and di- rectly affected the decline in domestic sales and export to international markets. The HORECA sector stopped working completely or partially in all countries. The crisis affected the partial or total cuts of marketing costs, by postponing or cancelling planned project...

By Snezana Ristevka-Jovanovska, Ana Dimovska

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 indu- stry in the time of globalization and regionalization. The research conducted in this paper included the views of hotel managers related to each performance of busi- ness excellence in B...

By Samira Dedić, Amra Nuhanović, Jasenka Đulić

A country’s trade pattern reflects its supply (export) and demand (import) specializa- tion indicating national performance and competitiveness in the foreign as well as in the domestic market. By applying two different concepts of trade specialization (one based on traditional trade theories of comparative advantages and the other based on m...

By Snježana Brkić, Amira Velić

The success of each business relies on the employees' commitment to work, i.e., how and in which way employees perform their work. When consumers are offe- red the same or similar products produced by different companies and at different prices, and when the company's business result greatly depends on the quality of the work done, company manageme...

By Suvad Isaković, Ajdin Isaković, Kanita Isaković

The fair and reliable financial reporting of business entities is extremely important for strengthening the confidence among business entities, acting positively on the scope of business activities and achieved results. On the otherhand, individuals, businesses and the entire society, suffered huge losses, dueto the frauds in financial reports, by ...

By Ševala Isaković-Kaplan, Lejla Demirović, Mahir Proho