{"title":"Public relations: Theoretical framework and instruments","authors":"Ivana Vladimirović","doi":"10.5937/etp2301245v","DOIUrl":"https://doi.org/10.5937/etp2301245v","url":null,"abstract":"Public relations essentially include communication between people and its human component is what scientists have always found interesting. Moreover, in the modern virtual world, they are gaining in importance and developing a completely new dimension. This comes as a consequence of the increasing usage of modern technology and social networking sites, with both individuals and organizations becoming more and more visible in the digital environment. Public relations represent an authentic and modern type of interpersonal communication, promotion and growth of the organization, together with its goods and services. By creating an adequate public relations strategy and its efficient implementation, companies build up their image and gain good reputation by establishing long-term relationship with their target groups. The aim of this paper is to cover three aspects: Firstly, to present the public relations genesis, beginning with the first authors dealing in this area, all the way to the contemporary comprehension of this concept. Secondly, to show that it is of great importance for organizations to represent themselves properly on the Internet, primarily through digital media and social networking sites. And finally, to exhibit the most significant public relations strategies and instruments, including the internal communication between the organization and its employees.","PeriodicalId":32530,"journal":{"name":"Ekonomija teorija i praksa","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71219587","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}
{"title":"Data Warehouse and its tools","authors":"Bojan Mrđa, Dragan Soleša","doi":"10.5937/etp2303071m","DOIUrl":"https://doi.org/10.5937/etp2303071m","url":null,"abstract":"As the battle for every and even the smallest piece of the pile on the market is great, a growing number of companies are finding solutions to improve their business as much as possible. One of the solutions is Data Warehouse and OLAP, that is, their tools, which gives managers or users the ability to access, with minimal effort, the very important data that is important to them for the business. This paper presents data analysis on concrete examples of the Belgrade Academy, where the mentioned tools were used with the aim of improving the quality of teaching.","PeriodicalId":32530,"journal":{"name":"Ekonomija teorija i praksa","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135610787","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}
{"title":"Investing in \"Sondervermögen\" funds in Germany: An analysis of legal structure, regulatory requirements and performance","authors":"Danica Cicmil","doi":"10.5937/etp2303126c","DOIUrl":"https://doi.org/10.5937/etp2303126c","url":null,"abstract":"This paper provides an analysis of \"Sondervermögen fonds\", or special investment funds, in Germany. These funds are structured as separate accounts, providing additional protection for investors, as their assets are legally separate from the assets of the fund manager. The Federal Financial Supervisory Authority (BaFin) regulates \"Sondervermögen fonds\", ensuring that they are managed responsibly and in compliance with the German Investment Code (Kapitalanlagegesetzbuch or KAGB). The KAGB sets out the legal framework for the operation of \"Sondervermögen fonds\" and covers various aspects, including authorization, investment restrictions, custody and administration of assets, supervision, and regulatory measures. The paper describes the legal structure, regulatory requirements, and performance of \"Sondervermögen fonds\", highlighting their advantages over other investment vehicles. \"Sondervermögen fonds\" have become a significant tool for investors in Germany and are expected to continue playing a crucial role in the country's investment landscape.","PeriodicalId":32530,"journal":{"name":"Ekonomija teorija i praksa","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135610795","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}
{"title":"Implications for employment in the period of two crises: Comparative study of the Balkans and the EU","authors":"Ljiljana Šobić, Danijela Pantović, Radovan Miletić","doi":"10.5937/etp2303043s","DOIUrl":"https://doi.org/10.5937/etp2303043s","url":null,"abstract":"One of the main problems the world is currently dealing with is unemployment. The characteristics of the labor market in the Republic of Serbia are long-term high unemployment rate, unfavorable qualification structure, high youth unemployment rate, regionally unequally distributed unemployment, and insufficient measures of active state employment policy. These characteristics point to complex issues that can be characterized as a type of labor market disparity. The problem is that the existing labor supply is finding it increasingly difficult to adapt to the changing demand for labor, which is associated with growing competition in the global market and accelerated technological change. The fact that Serbia's unemployment rates are higher than those of the EU's member states is particularly significant given that the Republic of Serbia's employment policy's primary objectives are the establishment of an effective, stable, and sustainable employment growth trend and the harmonization of employment policy and labor market institutions with the EU acquis. Insufficient use of human resources of a country has a direct impact on its economy and national income, which directly has negative repercussions on the living standards of the population and increasing poverty.","PeriodicalId":32530,"journal":{"name":"Ekonomija teorija i praksa","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135611935","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}
{"title":"Analysis of services sector of the Republic of Serbia during COVID-19 pandemic","authors":"Tijana Đurković-Marić, Goran Vukmirović, Radenko Marić","doi":"10.5937/etp2303090d","DOIUrl":"https://doi.org/10.5937/etp2303090d","url":null,"abstract":"The aim of this paper is to analyze the situation in the services sector after the global pandemic caused by the virus corona, as well as an overview of the disruptions caused by the pandemic in the global and national market. The service sector suffered the greatest consequences of the pandemic and the initial lockdown. All services, except trade and retail, have discontinued their business activities. The research will cover comparisons of the situation in the services sector in the period before, during and after the global pandemic. Based on the results from the global market and the situation in the services sector of certain countries in the recovery period, a forecast of the situation in the domestic market will be made. The research will focus specifically on tourism, hospitality and retail as the sectors which were the most affected by the pandemic in the Republic of Serbia market, accounting for almost 20% of national GDP. The results of the survey will indicate to the relevant institutions, economic policy makers and management of the service companies what measures must be taken to return the level of income and profitability to the period before the pandemic. Suggestions and guidelines for future research are outlined in the paper.","PeriodicalId":32530,"journal":{"name":"Ekonomija teorija i praksa","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135611943","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}
{"title":"Commodity-related risk appetite observed on the example of metal complex companies","authors":"Jelena Krpić","doi":"10.5937/etp2302121k","DOIUrl":"https://doi.org/10.5937/etp2302121k","url":null,"abstract":"The focus of the paper is on the identification of the tendency towards commodity risk and the measures taken for protection on the example of companies of the metal complex. The ability to determine the amount of risk that the Company can manage is reflected on the achievement of adopted strategic goals. The research was based on data disclosed in the integrated annual reports of mining companies for the year 2021. The aim of the work was to determine whether the Company's management opts for tolerance, exposure, transfer, or avoidance of commodity risk. Commodity risk is viewed as commodity risk of procurement and commodity risk of sale. After that, the measures taken for protection were analyzed, that is, when operational hedging is applied and when financial hedging is applied. It can be concluded that company management opts for a combination of measures in order to maximize profit, preserve cash flow, and maximize the value of the company.","PeriodicalId":32530,"journal":{"name":"Ekonomija teorija i praksa","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71219686","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}
{"title":"The significance of self-financing for the development of the University of Defense operating capacities","authors":"Aleksandar Neševski, D. Milenković, M. Knežević","doi":"10.5937/etp2302137n","DOIUrl":"https://doi.org/10.5937/etp2302137n","url":null,"abstract":"The operation of the University of Defense largely depends on the funds determined by the budget of the Republic of Serbia. For its successful functioning, it is necessary to provide regularity and timeliness of its financing as a budget user. Besides the budget, as its basic source of financing, the University of Defense has to rely on different funds and other sources of financing. Funds from other sources, although much lower compared to the state budget funds, are extremely important for certain expenses. The subject of this paper is to analyze the possibility of financing the University of Defense with its own incomes, as an additional source of funding. The limiting factor is the fact that all realized incomes of the University cannot be used to finance its operations, but only part of income incurred from education and scientific research. The normative regulation of this field in the defense system is not favorable for the University of Defense. Compared to other universities in the Republic of Serbia and the region, the University of Defense does not have a sufficient level of autonomy in bringing decisions related to the allocation of its own financial resources. In the following period, the University of Defense needs to take appropriate steps to increase its own revenues and thereby partially overcome the problem of insufficient budget funds. Another important task for the University of Defense is to initiate a procedure for additional normative regulations aimed at using its own revenues.","PeriodicalId":32530,"journal":{"name":"Ekonomija teorija i praksa","volume":"15 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71219695","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}
{"title":"Tax evasion as an illegal form of tax avoidance","authors":"Joko Dragojlović, Nada Đuričić","doi":"10.5937/etp2301195d","DOIUrl":"https://doi.org/10.5937/etp2301195d","url":null,"abstract":"The life of a country and a society, as a whole, is financed from public revenues. Taxes are one, probably the most important, form of public revenue, and every legislator, including ours, regulates in detail the establishment and functioning of the tax system as a whole. Failure to collect taxes would lead to a complete financial collapse of a country, so certain forms of avoiding tax obligations - tax evasion - are sanctioned by legislators most severely. Such behaviour is considered as a delict, as the legislator applies the ultima ratio, and criminalizes certain evasive actions as criminal acts, i.e., defines a special set of criminal acts as tax crimes. Bearing in mind the relative prevalence of this phenomenon, as well as the exceptional effect and importance that tax evasion has, both for the state as a whole, and for the individual, this paper, in the first place, characterizes the phenomenon of tax evasion and its forms. Using the historical-legal method, the paper gives an overview of the issue of tax evasion and the way it was dealt with historically, starting with Dušan's code and ending with the former Yugoslav legislation. Then, by looking at the relevant legislation, some positive criminal-legal incriminations of tax evasion are pointed out, particularly the incrimination of tax evasion as a criminal offense in the domestic legislation. Finally, the concluding thoughts speak about the potential need for a different regulation of this criminal offense, while paying attention to the practical implementation of legal rules in connection with the detection and prosecution of the criminal offense of tax evasion.","PeriodicalId":32530,"journal":{"name":"Ekonomija teorija i praksa","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71219566","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}
{"title":"Behavior of users of banking services in the Republic of Serbia, Bosnia and Herzegovina during the pandemic of COVID-19","authors":"M. Pavlovic, Anđelija Radonjić, Đ. Pavlovic","doi":"10.5937/etp2301120p","DOIUrl":"https://doi.org/10.5937/etp2301120p","url":null,"abstract":"The aim of this study is to analyze the satisfaction of users of banking services in the Republic of Srpska and Bosnia and Herzegovina during the Covid 19 pandemic. The research was conducted through an online questionnaire, and the processing was carried out with the help of the statistical program SPSS version 24. The subject of the research is to measure the perception of banking services, to assess service quality and the impact of expectations on perceived quality. Testing and final conclusions on the level of quality of banking services were performed on the basis of the existing literature and the modified SERVKUAL model.","PeriodicalId":32530,"journal":{"name":"Ekonomija teorija i praksa","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71219476","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}
{"title":"Global stagflationary pressures: Macroeconomic repercussions of pandemic and geopolitical crises","authors":"J. Pejčić, M. Beljić, Olgica Glavaški","doi":"10.5937/etp2302098p","DOIUrl":"https://doi.org/10.5937/etp2302098p","url":null,"abstract":"This paper analyses key macroeconomic repercussions of the global pandemic and geo-political crises in terms of growing recessionary and inflationary pressures, and finally, the potential occurrence of stagflation. The aim of this paper is to primarily analyse the stagflation shocks of the 70s, afterwards, compare them with the current crisis for the period January 2020 - July 2022 using the example of selected developed economies (USA, Germany and France). Using descriptive analysis, it was shown that in the observed period inflationary and recessionary pressures existed in USA, Germany and France. However, those pressures could not be identified as stagflation, since that were not present simultaneously. Namely, during the pandemic crisis, recessionary pressures were present, since then the GDP growth decreased till first quarter of 2021 in analysed economies, while inflation rates were stable. On the other hand, with the recovery of economies in the second quarter of 2021, inflationary pressures became stronger and intensified by geo-political crisis. Therefore, it seems that the most visible anomaly of the global economic system in 2022 is the presence of inflationary pressures.","PeriodicalId":32530,"journal":{"name":"Ekonomija teorija i praksa","volume":"10 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71219814","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}