Facta Universitatis Series Economics and Organization最新文献_第7页

THE CONSERVATISM PRINCIPLE IN MODERN FINANCIAL REPORTING 现代财务报告中的稳健性原则

Facta Universitatis Series Economics and Organization Pub Date : 2021-01-16 DOI: 10.22190/FUEO200723027A

Aleksandra Arsenijević

引用次数: 2

MACROECONOMIC FACTORS AND STOCK MARKET BEHAVIOUR: AN ANALYSIS OF THE 2008 CRISIS 宏观经济因素与股市行为&对2008年金融危机的分析

Facta Universitatis Series Economics and Organization Pub Date : 2021-01-16 DOI: 10.22190/FUEO200803026O

I. O. Osamwonyi, Godfrey Ayegbeni Audu

{"title":"MACROECONOMIC FACTORS AND STOCK MARKET BEHAVIOUR: AN ANALYSIS OF THE 2008 CRISIS","authors":"I. O. Osamwonyi, Godfrey Ayegbeni Audu","doi":"10.22190/FUEO200803026O","DOIUrl":"https://doi.org/10.22190/FUEO200803026O","url":null,"abstract":"This study investigates the long term relationship between the behaviour of stock markets during the 2008 crisis and some selected international macroeconomic variables using information from January 2005 to December 2015. The procedures of the Autoregressive Distributed Lag modeling techniques (ARDL) are employed for the analysis. The bounds testing procedure in the ARDL framework is used to test for the existence of long term relationships between stock market behaviour and global economic factors (interest rate, exchange rate, index of industrial production and oil price) as well as the direction of effects, while estimated coefficients are used to test the pattern of long term relationships among the variables. The study revealed that a significant long term relationship exists between stock price movements and these global economic trends while the stock market crash significantly impacted the efficiency of the markets under review. Thus, it is recommended that market fundamentals should remain the capstone of stock market analysis, and policies should encourage the delinking of stock markets from the international commodity market factors.","PeriodicalId":31607,"journal":{"name":"Facta Universitatis Series Economics and Organization","volume":"1 1","pages":"357-373"},"PeriodicalIF":0.0,"publicationDate":"2021-01-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48320877","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

MEASURING SUPPLY CONCENTRATION ON THE SERBIAN OIL AND OIL DERIVATES MARKET BY HERFINDAHL-HIRSCHMAN INDEX 用HERFINDAHL-HIRSCHMAN指数衡量塞尔维亚石油及石油衍生物市场的供应集中度

Facta Universitatis Series Economics and Organization Pub Date : 2021-01-16 DOI: 10.22190/FUEO201005025V

M. Veselinović, S. Radukić

{"title":"MEASURING SUPPLY CONCENTRATION ON THE SERBIAN OIL AND OIL DERIVATES MARKET BY HERFINDAHL-HIRSCHMAN INDEX","authors":"M. Veselinović, S. Radukić","doi":"10.22190/FUEO201005025V","DOIUrl":"https://doi.org/10.22190/FUEO201005025V","url":null,"abstract":"One aspect of the intensity of competition analysis of the national oil market is the measurement of the concentration of supply, to which this paper is dedicated. That is why it is not surprising that there are different interpretations of these economic categories. The analysis of these phenomena dates back to the emergence of production relations and production forces. The relaxation of regulatory measures on the national oil market has opened the space for building quality competitive relationships between the participants. Market opportunities, conditions and competition in practice are determined by concentration in the certain observed market. Competitive relations between market participants change over time. Those changes impact on concentration level of certain and well defined market, in this case the oil market of the Republic of Serbia. As the competition changes, the concentration level changes as well. This is the reason why this paper is focused on concentration level measurement and analysis. In measuring and expressing the concentration level of the certain market, many concentration indicators could be applied. Our choice was Herfindahl-Hirschman Index.","PeriodicalId":31607,"journal":{"name":"Facta Universitatis Series Economics and Organization","volume":"1 1","pages":"343-356"},"PeriodicalIF":0.0,"publicationDate":"2021-01-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42391231","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

EXPLORING THE DIVERSITY WITHIN THE WORKPLACE OF SMALL FIRMS IN KOGI STATE, NIGERIA 探索尼日利亚科吉州小企业工作场所的多样性

Facta Universitatis Series Economics and Organization Pub Date : 2021-01-16 DOI: 10.22190/FUEO200729024N

A. T. Nafiu, Unekwu Cynthia Alogwuja, Dare Joseph Enimola

{"title":"EXPLORING THE DIVERSITY WITHIN THE WORKPLACE OF SMALL FIRMS IN KOGI STATE, NIGERIA","authors":"A. T. Nafiu, Unekwu Cynthia Alogwuja, Dare Joseph Enimola","doi":"10.22190/FUEO200729024N","DOIUrl":"https://doi.org/10.22190/FUEO200729024N","url":null,"abstract":"This study aimed at exploring diversity within the workplace of Small Firms in Kogi State, Nigeria. The study used survey research design. Descriptive statistics, mean score from Likert scale, ANOVA and multiple Regressions were used for data analysis. The study found that age has significant effect on job satisfaction of employees; and that religion, educational background and job experience have strong significant effect on small firms’ organizational outcomes in Kogi State. The finding further indicated that gender difference affects organizational performance, job satisfaction, productivity, competitive advantage and customers’ satisfaction. The study concluded that age has significant positive effect on job satisfaction; and other factors such as religion, educational background and job experience of employees only affect the performance of small firms in Kogi State positively. This study therefore recommended that owner-managers of small firms should take cognizance of age as it affects job satisfaction of employees; and should strategically manage factors such as religion, educational background and job experience of employees as they affect performance","PeriodicalId":31607,"journal":{"name":"Facta Universitatis Series Economics and Organization","volume":"1 1","pages":"329-341"},"PeriodicalIF":0.0,"publicationDate":"2021-01-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46777471","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

THE IMPACT OF BRAND VALUE ON MARKET PERFORMANCE INDICATORS OF HIGH-TECHNOLOGY ENTERPRISES 品牌价值对高科技企业市场绩效指标的影响

Facta Universitatis Series Economics and Organization Pub Date : 2021-01-16 DOI: 10.22190/FUEO200612023J

Milica Jovanović, B. Krstić, S. Milanović

{"title":"THE IMPACT OF BRAND VALUE ON MARKET PERFORMANCE INDICATORS OF HIGH-TECHNOLOGY ENTERPRISES","authors":"Milica Jovanović, B. Krstić, S. Milanović","doi":"10.22190/FUEO200612023J","DOIUrl":"https://doi.org/10.22190/FUEO200612023J","url":null,"abstract":"Brand valuation gained in importance in the 1980s, when a difference between the price at which some enterprises are bought and their value, according to the balance sheet, was noticed. Brand value can be considered an intangible asset of an enterprise, whose impact on the market performance indicators must be taken into account. This paper examines the relationship between brand value and selected market performance indicators using correlation and regression analysis. The analysis is based on Interbrand data on brand value and annual reports of selected enterprises from high-technology sector. The sample included top 5 enterprises from high - technology sector, whose corporate brands are on the list of the 100 most valuable brands, in all years of the analysed eight-year period (from 2012 to 2019). This paper discovered a statistically significant positive relationship between brand value and market performance indicators and that brand value positively influences those performances of high - technology enterprises. The focus of this study is on the following market performance indicators: market capitalization, Tobin's Q, market to book ratio and earnings per share. The research contributes to the field of brand value management and emphasizes the importance of investments in corporate branding process.","PeriodicalId":31607,"journal":{"name":"Facta Universitatis Series Economics and Organization","volume":"1 1","pages":"317-328"},"PeriodicalIF":0.0,"publicationDate":"2021-01-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48771429","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

COMPARATIVE ANALYSIS OF DEVELOPMENTAL CONCEPTS OF SOCIAL ENTREPRENEURSHIP IN EUROPE AND THE USA 欧美社会创业发展观的比较分析

Facta Universitatis Series Economics and Organization Pub Date : 2021-01-16 DOI: 10.22190/FUEO200907028T

Miljana Talić, Maja Ivanović Đukić

{"title":"COMPARATIVE ANALYSIS OF DEVELOPMENTAL CONCEPTS OF SOCIAL ENTREPRENEURSHIP IN EUROPE AND THE USA","authors":"Miljana Talić, Maja Ivanović Đukić","doi":"10.22190/FUEO200907028T","DOIUrl":"https://doi.org/10.22190/FUEO200907028T","url":null,"abstract":"The paper presents a comparative analysis of the dominant theoretical concepts and models of social entrepreneurship development in continental Europe and the United States. The initial assumption of the paper was the differences in the model of capitalism that are present in these parts of the world, and the dominant theoretical concepts determine the differences in the form of manifestation of social entrepreneurial activity and the degree of population involvement in its implementation. Empirical research, with the aim of testing this assumption, was conducted on a sample of 50,000 social entrepreneurs from 25 countries. The results showed that there are no significant differences in the degree of involvement of the population in social entrepreneurial activity between Europe and the USA in the initial phase. In the operational phase, there are differences in the degree of involvement of the population in social entrepreneurship between Europe and the USA, but they are also present between Eastern and Western Europe, which means that they are not predominantly conditioned by theoretical concepts and models of social entrepreneurship, but by other factors.","PeriodicalId":31607,"journal":{"name":"Facta Universitatis Series Economics and Organization","volume":"1 1","pages":"385-396"},"PeriodicalIF":0.0,"publicationDate":"2021-01-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43258998","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

OIL PRICE SHOCKS AND MACROECONOMIC PERFORMANCE OF THE NIGERIAN ECONOMY: A STRUCTURAL VAR APPROACH 油价冲击与尼日利亚经济的宏观经济表现：一种结构VAR方法

Facta Universitatis Series Economics and Organization Pub Date : 2020-12-01 DOI: 10.22190/fueo200801022a

Raymond Osi Alenoghena

{"title":"OIL PRICE SHOCKS AND MACROECONOMIC PERFORMANCE OF THE NIGERIAN ECONOMY: A STRUCTURAL VAR APPROACH","authors":"Raymond Osi Alenoghena","doi":"10.22190/fueo200801022a","DOIUrl":"https://doi.org/10.22190/fueo200801022a","url":null,"abstract":"This study examines the effect of oil price shocks on the macroeconomic performance of the Nigerian economy covering the period from 1980 to 2018. The effect of oil price shocks is investigated on macroeconomic variables like output growth, inflation, interest rate, exchange rate and industrial production index using the structural vector autoregression (SVAR) approach. The results of the investigation reveal that oil price shocks have significantly and negatively affected economic growth and industrial output. Furthermore, while the results show that oil price shocks have a significant positive effect on inflation, the effect is also positive on interest rate and exchange rate, but it is not significant. The results of impulse response function show a negative effect on output growth, it is positive on inflation, but mild and indeterminate on industrial production, interest rate and exchange rate. Based on findings in this study, the Renaissance theory and the Dutch Disease theories of economic growth apply to the Nigerian economy. The policy recommendations include the isolation of the country’s real sector from the vagaries of oil price volatility and the pursue of economic diversification to reduce the over-dependence on oil.","PeriodicalId":31607,"journal":{"name":"Facta Universitatis Series Economics and Organization","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47979718","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 3

ADOPTION OF VOLUNTARY GLOBAL GOVERNANCE INITIATIVES: EQUATOR PRINCIPLES AND BANKS IN NIGERIA 采用自愿全球治理举措：赤道原则与尼日利亚的银行

Facta Universitatis Series Economics and Organization Pub Date : 2020-11-09 DOI: 10.22190/fueo200416016o

B. Oghojafor, S. A. Aduloju

{"title":"ADOPTION OF VOLUNTARY GLOBAL GOVERNANCE INITIATIVES: EQUATOR PRINCIPLES AND BANKS IN NIGERIA","authors":"B. Oghojafor, S. A. Aduloju","doi":"10.22190/fueo200416016o","DOIUrl":"https://doi.org/10.22190/fueo200416016o","url":null,"abstract":"Due to the growing level of dissatisfaction with the traditional models of governance established by the state, international governance initiatives have attracted more attention. This exploratory study is aimed at finding out the level of awareness and adoption of one such initiative, the Equator Principles (EPs), by banks in Nigeria. These principles were said to represent a good standard where environmental and social risks inherent in development projects can be identified, assessed and managed. The study was anchored on two theories: The club theory and the theory of institutional isomorphism. The survey data were gathered from 124 managers of the leading 10 deposit money banks in Nigeria. Data were analyzed using descriptive statistics presented in frequency tables and percentages. The findings show a high level of awareness of the EPs among the banks in Nigeria, but a low level of adoption. Although the study is limited by a small sample, it offers evidence that difficulties in measurability of benefits of adopting Equator Principles and lack of enforcements of sanctions for noncompliance seriously limit the number of financial institutions adopting the regime in Nigeria.","PeriodicalId":31607,"journal":{"name":"Facta Universitatis Series Economics and Organization","volume":"1 1","pages":"249"},"PeriodicalIF":0.0,"publicationDate":"2020-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47870067","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

SOCIAL AND ECONOMIC INCLUSION OF DISABLED INDIVIDUALS. A LITERATURE REVIEW 残疾人的社会和经济包容。文献综述

Facta Universitatis Series Economics and Organization Pub Date : 2020-11-09 DOI: 10.22190/fueo200118020c

E. Caragiani

引用次数: 0

ANALYSIS OF SOCIOECONOMIC STATUS, GENDER, AND ACADEMIC ACHIEVEMENTS TO STUDENT CAREER MATURITY 社会经济地位、性别和学业成就对学生职业成熟度的影响分析

Facta Universitatis Series Economics and Organization Pub Date : 2020-11-09 DOI: 10.22190/fueo200408017g

M. Ghofur, Ady Soejoto, H. P. Pamungkas

引用次数: 2