scholarly journals Wood Sector Media Budget Allocation

2020 ◽  
Vol 71 (3) ◽  
pp. 309-317
Author(s):  
Ilijana Petrovska ◽  
Živka Meloska ◽  
Mira Stankević Šumanska ◽  
Angelina Meloska

The aim of this paper is to analyse and compare the official media reports published in the Republic of North (RN) Macedonia and some other South-Eastern European Countries, such as Croatia, Bosnia and Herzegovina, Serbia, and Bulgaria. According to the official results from Nielsen Arianna, IPSOS, and Alma Quattro, Macedonian furniture companies mainly allocate their media budget to television channels with an amount of EUR 4.786.710, which is 6.7 times lower than the amount allocated by Croatian furniture companies to the same media (EUR 32.223.506). The conclusion is that the media budget of Macedonian furniture companies is on a very low level, compared to selected South-Eastern European Countries, mainly because 74 % of the total number of furniture companies are micro enterprises with up to ten employees, which affects the media budget.

Author(s):  
Ali Sabri Taylan ◽  
Hüseyin Tatlidil

Credit risk pricing is perhaps an understudied topic in comparisons to its profound impact on the world’s financial markets and economies. This study uses established price discovery techniques to develop a method of price discovery for credit risk in three financial markets: equity, debt, and credit derivative. This chapter is motivated by the development of credit-related instruments and signals of stock price movements of South-Eastern European countries—Bulgaria, Croatia, Greece, Hungary, Romania, Slovenia, Slovakia, and Turkey—during the recent financial crisis. In this study, the authors evaluate the dynamics of fiscal risk or country risk measured by sovereign Credit Default Swap (CDS), liquidity risk measured bond markets, and stock markets for the monthly based September 2008 – February 2011 period. The study examines monthly data observing 38 months and 8 countries. A panel vector autoregression model is proposed for changes in Long-Term Interest Rate (LTIR), changes in CDS spreads (CDS), and changes in stock index. In conclusion, CDS markets and stock markets are more significant than bond markets in explaining the post-crisis relationship among developing South-Eastern European countries. The analysis displays that long-term monetary policy did not affect CDS premium and stock index level. A strong relationship is found between the CDS spread and stock market. During financial crisis and after the crisis, the correlations among CDS, stock, and bond markets are collapsed by panicked investors’ rapid movement and wild speculators. This risk perception can explain the difference between the finance theory and practices in the market.


2006 ◽  
Vol 53 (2) ◽  
pp. 191-221 ◽  
Author(s):  
Zivota Ristic

The paper consists of three methodologically and causally connected thematic parts: the first part deals with crucial motives and models of the privatization processes in the USA and EU with a particular analytical focus on the Herfindahl-Hirschman doctrine of the collective domination index, as well as on the essence of merger-acquisition and take-over models. The second thematic part of the paper, as a logical continuation of the first one represents a brief comparative analysis of the motives and models implemented in bank privatization in the south-eastern European countries with particular focus on identifying interests of foreign investors, an optimal volume and price of the investment, and assessment of finalized privatizations in those countries. The final part of the paper theoretically and practically stems from the first and the second part, in that way making an interdependent and a compatible thematic whole with them, presents qualitative and quantitative aspects of analyzing finalized privatization and/or sale-purchase of Serbian banks with particular focus on IPO and IPOPLUS as the prevailing models of future sale-purchase in privatizing Serbian banks.


2021 ◽  
pp. 66-84
Author(s):  
Andrei Aleksandrovich Linchenko

The subject of this research is the position of Belarus in the memory wars of Russia and Eastern European countries of the two recent decades. Based on P. Bourdieu’s theory of symbolic power, as well as comparative analysis of the key stages of the historical politics of Russia and Belarus as the members of the Union State, the author explores the causes and peculiarities of electoral neutrality of Belarus in the memory wars of Russia and Eastern European countries. Analysis is conducted on the theoretical-methodological aspects of the concept of “memory wars”. Content analysis of the relevant research reveals the specificity of the Belarusian case with regards to correlation between domestic and foreign historical politics. The specificity of the forms of post-Communism that have established in Russia and Belarus, the difference in the pace of historical politics of the last three decades, as well as the evolution of the political regime of Alexander Lukashenko contributed to the formation of peculiar position of the Republic of Belarus in the memory confrontation between Russia and its Eastern European neighbors. The internal manifestation of such position was the desire to displace the conflicts between memory communities in the republic, the movement of memory to the periphery of cultural-information space, while the external manifestation was strive for electoral neutrality (memory isolationism) in the memory wars in Eastern Europe. Such position is aimed not so much at supporting Russia’s memory initiatives, but at solving the relevant political and economic challenges, using historical politics as the instrument for promoting the own interests.


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