scholarly journals Comparative Analysis of Executive Compensation in the Republic of Serbia and EU Countries

2019 ◽  
Vol 57 (2) ◽  
pp. 181-200
Author(s):  
Ivana Marinović Matović

AbstractExecutive compensations have a strong motivation role in contemporary business organizations. Adequate models of compensation enable attracting and retaining the high-capacity managers. This way, business organization conquers and maintains the competitive position in the context of globalization. It is necessary to align the executive compensation with the business organization’s strategy, which requires careful process of planning, done by the highest levels of management and ownership. The main objective of the paper is to explore and compare the structure and the level of executive compensation in the Republic of Serbia and EU countries. The paper focuses on executive compensation components, primarily long-term and short-term incentives, as well as sallary and benefits. A comparative analysis of executive compensation models was performed to explain the differences in the observed countries.The study found large and disproportionate differences in the executive compensation levels, conditioned mostly by the economic development of the observed economies.

2014 ◽  
Vol 29 (4) ◽  
pp. 321-325
Author(s):  
Jovica Praskalo ◽  
Jasna Davidovic ◽  
Biljana Kocic ◽  
Monika Zivkovic ◽  
Svetlana Pejovic

In order to set up a successful mammography screening program in the Republic of Srpska, a Siemens Mammomat 1000 X-ray machine was selected for analysis as the said mammography system is widely used in clinical practice. The variations in tube parameters (specific air kerma, high-voltage accuracy and reproducibility, linearity between exposure and dose exposure time) were monitored over a five-year period, from 2008 to 2012. In addition, due to observed daily fluctuations for chosen parameters, a series of measurements were performed three times a day within a single-month period (mainly October 2012). The goal of such an experimental set up is to assess short-term and long-term stability of tube parameters in the given mammography unit and to make a comparison between them. The present paper shows how an early detection of significant parameter fluctuations can help eliminate irregularities and optimize the performance of mammography systems.


Author(s):  
Zhurinov M.Zh., ◽  
◽  
Teltayev B.B., ◽  
Kalybay A.A., ◽  
Rossi C.O., ◽  
...  

A comparative analysis of the low temperature resistance for a nanocarbon bitumen and other 30 neat and modified bitumens has been performed in the work. The stiffness at the temperatures of -24°С, -30°С and -36°С under technical system Superpave has been accepted as an indicator of low temperature resistance of the bitumens. The stiffness of the bitumens has been determined on a bending beam rheometer (standard ASTM D 6648-08). Before testing the bitumens have been subjected to the double artificial aging: short-term aging – under standard AASHTO Т 240-13 and long-term aging – under standard ASTM D 6521-08. The nanocarbon bitumen has been prepared in the laboratory of the Kazakhstan Highway Research Institute (KazdorNII) with the use of a road bitumen of the grade BND 70/100 produced by the Pavlodar petrochemical plant (PNHZ) and a nanocarbon powder (2% by weight) manufactured from a coal rock of the deposit “Saryadyr” “Corporation “ON-Olzha” LLP, Akmola region, Kazakhstan). The nanocarbon powder (150-200 nm) has been manufactured by three-stage size reduction of the coal rock: I – a mechanical dispergator (up to 2-3 mm), II – an aerodynamic mill (up to 20 mcm), III – a reactor with a rotating electromagnetic field. The neat bitumens of the grades BND 50/70, BND 70/100, BND 100/130 have been produced by the plants of Kazakhstan and Russia; they satisfy the requirements of the standard ST RK 1373-2013. The modified bitumens have been prepared in the laboratory of KazdorNII with the use of the neat bitumens, 7 types of the polymers, crumb rubber and polyphosphoric acid and they satisfy the requirements of the standard ST RK 2534-2014. It has been determined that the nanocarbon bitumen is one of the most resistant at the low temperatures: -24°С, -30°С and -36°С.


2021 ◽  
Vol 46 (1) ◽  
pp. 1-40
Author(s):  
Elizabeth Craig

Abstract The precise form of internalization of the provisions of the Council of Europe’s Framework Convention for the Protection of National Minorities in domestic law is crucial in ensuring its long-term effectiveness. Experiences in the Western Balkans raise important questions about the role of minority (or community) rights legislation in deeply divided societies. This article uses the case-studies of Bosnia and Herzegovina, Kosovo and the Republic of North Macedonia to highlight key themes and limitations that have emerged. Comparative analysis reveals a surprising divergence of approaches to internalization in the region. The article further demonstrates that the ‘nation-cum-state paradigm’ remains prevalent, despite the premise of universality. It argues that such legislation can play an important symbolic and practical role, but that legal internalization needs to be seen as an ongoing process. It concludes that attention needs to be given to ensuring the continued particularization and adaptation of such legislation in light of both the limitations and changing circumstances, providing a key lesson also for other divided societies.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Elok Heniwati ◽  
Nella Yantiana ◽  
Gita Desyana

Purpose This paper aims to investigate whether Syariah banks are more financially stable than non-Syariah banks and check the differential impact of explanatory variables in financial health and efficiency in the context of Indonesia. Design/methodology/approach By using unbalanced panel data from Bankfocus over the period 2011–2018, regression analysis is performed with two response variables representing financial health, ZSCORE for return on average assets, liquid asset to deposit and short-term funding ratio. A number of control variables are used as tools to confirm the hypotheses. To check the robustness of the findings, a model with different specifications has been used. Findings The results indicate that while Syariah banks present higher insolvency risk (less health) for long-term activity, the opposite is true for short-term activity. Other findings show that Syariah and non-Syariah banks contribute differently to the national system of financial stability owing to varying influential factors on the bank’s health. Originality/value This paper presents a comparative analysis between the financial stability of Syariah banks and that of non-Syariah banks in Indonesia by building an empirical framework that allows the author to examine the differential effects of each underlying feature on financial stability in Syariah and non-Syariah banks.


2018 ◽  
Vol 40 (2) ◽  
pp. 179 ◽  
Author(s):  
Jinghui Zhang ◽  
Yongmei Huang ◽  
Huiying Chen ◽  
Jirui Gong ◽  
Yu Qi ◽  
...  

Variations in ecosystem function in response to land-use changes may be expected to reflect differences in the functional traits of plants. In this study, we sought to reveal the relationship between trait variability and grazing management on typical steppe in Inner Mongolia, and explore the implications of this relationship for ecosystem functioning. We measured aboveground biomass and 18 functional traits of the most abundant plant species in a grassland subject to three grazing-management regimes: long-term grazing, short-term grazing exclusion (since 2008) and long-term grazing exclusion (since 1956). Principal component analysis of the variation in species-level traits revealed trade-offs between the traits that enabled rapid acquisition of resources by fast-growing annual species and those that promoted conservation of resources by perennial grasses, especially Stipa grandis. However, there was no systematic pattern of intra-specific variation in trait values recorded among sites. Aggregation of plant functional traits to the community level revealed a gradient of responses of typical steppe to grazing exclusion. Long-term grazing favoured species whose traits indicate low forage quality and relatively low growth rate. Exclusion of grazing for several years favoured species whose traits indicate relatively high growth rate and high capacity to acquire resources. Exclusion of grazing for several decades favoured species whose morphological and physiological traits indicated low growth rates and high capacity for resource conservation. These community-level traits imply that ecosystem carbon and nutrient stores will change in response to the grazing regime. Long-term grazing will result in decreased plant carbon and nitrogen content, and will lead to carbon and nutrient loss, whereas short-term and long-term grazing exclusion are beneficial to the recovery of carbon and nutrient storage. The findings support the value of community aggregated traits as indicators of environmental or management change and for explaining changes in ecosystem function.


2020 ◽  
Author(s):  
Pier Francesco Biagi ◽  
Alexandra Nina ◽  
Anita Ermini ◽  
Giovanni Nico

<p>In this work we analyse variations in VLF/LF radio signal amplitudes recorded by the INFREP network in the period 16 November – 6 December, 2019 characterized by very intensive seismic activities in the Balkan peninsula, Crete, and Adriatic, Aegean and Black seas. Namely, 38 earthquakes with magnitude greater than 4.0 occurred in this area during the noticed period; the most intensive of them occurred on 26 and 27 November: three events in Albania (M<sub>w</sub>= 6.4, 5.3, 5.1), one in Crete (M<sub>w</sub>= 6), one in Bosnia and Herzegovina (M<sub>w</sub>= 5.4) and two in Adriatic sea (M<sub>w</sub>= 5.4, 5.3). We study both long- and short- term variations that are already recorded in earlier studies. The long-term variations relate to changes in the amplitude intensities in periods of several days and their existence is shown in many previous studies. The recent analyses also indicate short-term variations in signal amplitude noises started about several tents of minutes before the earthquake (Nina et al. 2020). In this work, we analyse different areas using INFREP network, which allow us to study local changes in the atmosphere. In order to examine possible precursors we considered longer time started and ended 10 days before and after the most intensive of the considered earthquakes, respectively.</p><p>This research is supported by the Ministry of Education, Science and Technological Development of the Republic of Serbia, under the projects 176002 and III44002.</p><p>References</p><p>Nina, A., S. Pulinets, P. F. Biagi, G. Nico, S. T. Mitrović, M. Radovanović and L. Č. Popović. Science of the Total Environment 710 (2020) 136406</p>


Author(s):  
Saidjamol Mahmudov

The concept of economic essence of financial investments has been defined. Recommendations on improving accounting of long-term and short-term securities have been worked out. Necessity of improving securities accounting, their reflection in the financial reporting, organization of accounting reporting in the part of financial investments accounting has been highlighted. Analytical accounting on the accounts of long-term investments accounting (0600) is conducted on the types of long-term investments and objects, in which these investments are made. Correspondingly compilation of analytical accounting must provide possibility of receiving data about long-term investments in the objects located in theterritoryofUzbekistanand outside it. Financial placements are accepted for accounting as the sum of actual costs for an investor.


2013 ◽  
Vol 11 (18) ◽  
pp. 289
Author(s):  
Душко Даничић ◽  
Данка Панић

Резиме: Укрупњавање власништва и преузимање предузећа је обично повезано са мотивима какви су: максимизирање добити у дугом року, освајање нових тржишта, остваривање контроле ради управљања предузећем и његовог дугорочног развоја и сл. Као мотив за куповину већинског учешћа или концентрацију не мора бити пословање, већ нематеријална и материјална имовина друштва, име или друге вриједне ставке пословне или инвестиционе активе. Из презентованих података добијених током обављеног истраживања, закључује се да се Република Српска сврстава у групу земаља у којима је власништво над излистаним компанијама концентрисано. Мотиви који су претходили концентрацији капитала често су повезани са имовином друштва, док је пословање имало споредну улогу, што је у многим случајевима довело до гашења пословних активности преузетих друштава. Промјена укупног пословног амбијента најбољи је начин да се не само концентрација капитала, већ и остале инвестиције усмјеравају ка реалном сектору и пословним циљевима који укључују развојне пројекте и инвестирање за будућност. Тиме ће се умањити мотивисаност власника капитала да инвестирају у краткорочне пројекте са циљем куповине и брзе продаје привредног друштва, што се код нас своди на продају ставки активе. На овај начин ће се умањити и број ликвидација које су подстакнуте намјером да се имовина друштва прода и уновчи.Summary: Еnlargement of ownership and takeover is usually associated with motifs such as: maximizing profit in the long term, new markets, gain control of management of the company and its long-term development, etc. The motive for the purchase of the majority share or concentration is not necessarily doing business, but tangible and intangible assets of the company, it’s name, or other valuable items of business or investment assets. From the presented data obtained during the research that was done, it could be concluded that the Republic of Srpska ranks among the countries in which the ownership of listed companies is concentrated. Motives that preceded the capital concentration are often associated with property companies, while business had a supporting role, which in many cases has led to the closure of books, business activities undertaken societies. Change in the overall business environment is the best way to not only capital but also the concentration of other investments are directed towards the real sector and business objectives that include development projects and investments for the future. This will reduce the motivation of the owners of capital to invest in short-term projects in order to purchase and quick sale of the company, it comes down to us on the sale of assets items. In this way the number of liquidation, that were triggered with the intent to sell the assets of companies, could be reduced.


Sign in / Sign up

Export Citation Format

Share Document