UTMS Journal of Economics

2010 - 2024

Current editor(s): Prof. Ace Milenkovski, PhD

From University of Tourism and Management, Skopje, Macedonia
Contact information at EDIRC.
Bibliographic data for series maintained by Assistant Professor. Dejan Nakovski, PhD ().

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Volume 5, issue 2, 2014

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Marcin Staniewski

BAYESIAN FORECASTS COMBINATION TO IMPROVE THE ROMANIAN INFLATION PREDICTIONS BASED ON ECONOMETRIC MODELS pp. 131-140

Mihaela Simionescu

IMPACT OF FOREIGN DIRECT INVESTMENTS ON CROATIAN FINANCIAL GROWTH pp. 141-150

Zoran Ivanovic, Sinisa Bogdan and Suzana Baresa

APPLICATION OF COST OF CAPITAL FOR CAPITAL STRUCTURING IN CROATIAN FIRMS pp. 151-158

Silvije Orsag and Josip Mitar

FINANCIAL SOUNDNESS INDICATORS IN BOSNIA AND HERZEGOVINA BANKING SECTOR pp. 159-168

Kemal Kozaric and Emina Zunic

CAUSES AND EFFECTS OF THE GLOBAL DECREASE IN DEMAND pp. 169-178

Milenko Krajisnik

BUSINESS EXCELLENCE AS A CRUCIAL COMPONENT FOR ORGANIZATION COMPETITIVENESS pp. 179-188

Zeljko Pozega, Boris Crnkovic and Ana Udovicic

ENTREPRENEURSHIP DEVELOPMENT IN SERBIA: THE CHANCE FOR A WAY OUT OF ECONOMIC CRISIS pp. 189-198

Jugoslav Anicic, Marko Laketa, Luka Laketa, Dusan Anicic and Slavisa Lukic

OBSTACLES TO IMPLEMENTATION OF SOLVENCY II REGIME IN NONLIFE INSURANCE COMPANIES IN BOSNIA AND HERZEGOVINA pp. 199-211

Safet Kozarevic, Zeljko Sain and Adela Hodzic

EPIGENETIC VALLEYS IN THE TIKVES BASIN IN THE REPUBLIC OF MACEDONIA pp. 213-230

Kole Pavlov, Ace Milenkovski, Gjorgi Pavlovski and Ivan Radevski

TOURISM POLICY OF BALKAN COUNTRIES: REVIEW OF NATIONAL TOURISM DEVELOPMENT STRATEGIES pp. 231-239

Dejan Metodijeski and Zoran Temelkov

ANALYSIS OF THE OPPORTUNITIES FOR DEVELOPEMENT THE RURAL TOURISM SUPPLY ON MOUNTAIN SKOPSKA CRNA GORA pp. 241-252

Julijana Petrovska, Marina Stojmirova and Jovo Ratkovic

IMPROVEMENT OF BODY SHOP MANAGING AS A PART OF VEHICLE IMPORTERS CENTER pp. 253-262

Vasil Stamboliski

Volume 5, issue 1, 2014

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Zeljko Sain

DIVIDEND POLICY OF PUBLIC COMPANIES IN BOSNIA AND HERZEGOVINA pp. 1-10

Ante Dzidic

FUNDAMENTAL ANALYSIS AND DISCOUNTED FREE CASH FLOW VALUATION OF STOCKS AT MACEDONIAN STOCK EXCHANGE pp. 11-24

Zoran Ivanovski, Nadica Ivanovska and Zoran Narasanov

INTERDEPENDENCE OF INTERNATIONAL CAPITAL MARKETS pp. 25-39

Suzana Baresa, Sinisa Bogdan and Zoran Ivanovic

ANALYZING CONSUMER BEHAVIOR IN ONLINE GROUP BUYING IN BOSNIA AND HERZEGOVINA pp. 41-52

Lejla Selimovic and Almir Pestek

SUSTAINABLE EVENT TOURISM:CASE STUDY CITY OF PULA, CROATIA pp. 53-65

Jasmina Grzinic and Nikola Vojnovic

CLIMATIC FEATURES AS A FACTOR FOR DEVELOPMENT OF TOURISM IN THE REPUBLIC OF MACEDONIA pp. 67-77

Mijalce Gjorgievski and Dejan Nakovski

GENERAL CHARACTERISTICS OF RELIGIOUS TOURISM IN CROATIA pp. 79-87

Eddy Rot, Kresimir Mikinac and Sinisa Bogdan

THE GEOGRAPHICAL FACTORS IN FUNCTION OF VINICULTURE AND WINE TOURISM DEVELOPMENT IN THE TIKVESH BASIN pp. 89-102

Kole Pavlov, Ace Milenkovski and Gjorgi Pavlovski

ANALYSIS OF A MODEL OF TEAMWORK BY HILL pp. 103-112

Konstantin Petkovski and Fanche Joshevska

IMPACT OF LOW-COST AIR TRAVEL ON TOURISM ECONOMY IN ZADAR COUNTY pp. 113-120

Slobodan Ivanovic, Danijel Vucenovic and Suzana Baresa

THE POSSIBILITIES FOR REPOSITIONING OF THE OPATIJA RIVIERA'S TOURISM OFFER pp. 121-130

Ljerka Cerovic, Danijel Drpic and Vedran Milojica

Volume 4, issue 3, 2013

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PARAMETRIC YIELD CURVE MODELING IN AN ILLIQUID AND UNDEVELOPED FINANCIAL MARKET pp. 243-252

Davor Zoričić and Silvije Orsag

COINTEGRATION ANALYSIS OF PURCHASING POWER PARITY IN REPUBLIC OF CROATIA pp. 253-268

Ivan Kozul

PORTFOLIO OPTIMIZATION ON CROATIAN CAPITAL MARKET pp. 269-282

Zoran Ivanovic, Suzana Baresa and Sinisa Bogdan

THE INFLUENCE OF FOREIGN DIRECT INVESTMENTS ON MONTENEGRO PAYMENT BALANCE pp. 283-294

Ana Gardasevic

COMPETITION AND PRICING OF ESSENTIAL INPUTS: THE CASE OFACCESS CHARGES FOR THE USE OF THE ITALIAN RAIL INFRASTRUCTURE pp. 295-308

Ugo Arrigo and Giacomo Di Foggia

AN IMPLICIT EFFECT OF THE HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY ACT ON MEDICAL TOURISM IN INDIA pp. 309-324

Saurabh Mishra, Shashi kant Rai, Anushree Pandey and Vandana Jaiswal

THE ROLE OF CITIES IN PROTECTING ENVIRONMENTAL QUALITY pp. 325-340

Marinela Krstinic Nizic and Suzana Baresa

CLUSTERS AS A MODEL OF ECONOMIC DEVELOPMENT OF SERBIA pp. 341-354

Jugoslav Anicic, Svetlana Vukotic, Nebojsa Zakic, Marko Laketa and Luka Laketa

ECONOMIC IMPACT OF CULTURAL TOURISM pp. 355-366

Zrinka Zadel and Sinisa Bogdan

LEGAL FORMS OF MODERN DESTINATION MANAGEMENT ORGANIZATIONS AND THEIR INFLUENCE ON THE RANGE OF TASKS AND RESPONSIBILITIES pp. 367-376

Jacek Borzyszkowski

THE FESTIVALS AS A TOOL ON OHRID TOURISM DESTINATION BRANDING pp. 377-382

Zoran Strezovski and Sasko Gramatnikovski

Volume 4, issue 2, 2013

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Silvije Orsag

MODIFIED NET PRESENT VALUE AS A USEFUL TOOL FOR SYNERGY VALUATION IN BUSINESS COMBINATIONS pp. 71-77

Silvije Orsag and Kenneth G. McClure

FORECASTING CROATIAN STOCK MARKET INDEX: CROBEX pp. 79-91

Zoran Ivanovic, Sinisa Bogdan and Suzana Baresa

VALUATION AND INVESTMENT PROFESSION pp. 93-100

Lidija Dedi and Philippe Giraudon

TEST OF THE FAMA-FRENCH THREE-FACTOR MODEL IN CROATIA pp. 101-112

Denis Dolinar

NELSON-SIEGEL YIELD CURVE MODEL ESTIMATION AND THE YIELD CURVE TRADING IN THE CROATIAN FINANCIAL MARKET pp. 113-125

Davor Zoričić and Marko Badurina

FINANCING POLICIES OF CROATIAN PUBLICLY LISTED FIRMS pp. 127-141

Mihaela Grubišić Šeba

THE DETERMINANTS OF THE DIVIDEND SIZE IN CROATIA pp. 143-151

Antonija Kožul and Emil Mihalina

DETERMINANTS OF CAPITAL STRUCTURE OF CROATIAN ENTERPRISES BEFORE AND DURING THE FINANCIAL CRISIS pp. 153-162

Ena Mostarac and Suzana Petrovic

THE APPLICABILITY OF THE EDMISTER MODEL FOR THE ASSESSMENT OF CREDIT RISK IN CROATIAN SMEs pp. 163-174

Danijela Milos Sprcic, Marija Klepac and Paola Suman

ENDOWMENT LIFE INSURANCE pp. 175-186

Zeljko Sain and Jasmina Selimovic

ECONOMIC CRISIS IMPACT ON CHANGES IN INTERNATIONAL FINANCIAL INSTITUTIONS OPERATING pp. 187-199

Slobodan Cerovic, Pero Petrovic and Stanislav Cerovic

THE INFLUENCE OF THE COMPETENCES OF THE MANAGER: FOUNDER ON THE SUCCESS OF THE ORGANIZATION pp. 201-212

Ace Milenkovski and Aleksandra Stoilkovska

ECONOMIC AND TOURISM INDICATORS AS A MEANS OF MONITORING SUSTAINABLE TOURISM: THE CASE OF INLAND ISTRIA pp. 213-230

Nikola Vojnovic and Rade Knezevic

INTERNATIONALIZATION AND CLUSTER POTENTIALS WITH SPECIAL EMPHASIS ON WOOD-PROCESSING SECTOR IN BOSNIA AND HERZEGOVINA pp. 231-242

Danijela Martinovic, Jasmina Karisik and Mirha Bico-Car

Volume 4, issue 1, 2013

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DEVELOPMENT AND IMPROVEMENT OF BUSINESS HIGHER EDUCATION THROUGH IMPLEMENTATION OF STUDENTS LEARNING OUTCOMES ASSESSMENT PLAN (SLOAP) pp. 1-16

Zoran Ivanovski, Ace Milenkovski and Saso Kozuharov

THE INFLUENCE OF FAMILY RELATIONS ON DECISION MAKING IN FAMILY BUSINESSES pp. 17-26

Aleksandra Stoilkovska, Violeta Milenkovska and Gordana Serafimovic

SMALL ENTERPRENEURSHIP IN HOSPITALITY: CROATIAN EXPERIENCES pp. 27-35

Slobodan Ivanovic, Eddy Rot and Miroslav Pretula

INVESTIGATING TOURISM SEASONALITY IN MACEDONIA pp. 37-44

Biljana Petrevska

STRATEGY OF STOCK VALUATION BY FUNDAMENTAL ANALYSIS pp. 45-51

Suzana Baresa, Sinisa Bogdan and Zoran Ivanovic

TYPOLOGY OF RECREATIONAL-TOURISM RESOURCES AS AN IMPORTANT ELEMENT OF THE TOURIST OFFER pp. 53-60

Mijalce Gjorgievski, Saso Kozuharov and Dejan Nakovski

GEOGRAPHIC POSITIONING AS A DETERMINATION OF TOURISM DEVELOPMENT OF GEVGELIJA REGION pp. 61-69

Mijalce Gjorgievski, Sasko Gramatnikovski and Dejan Nakovski