The subject of this paper is the examination of the correlation between crisis management strategies and the preservation of business continuity in the context of contemporary asymmetric global threats. In the era of “polycrisis,” characterized by the simultaneous impact of geopolitical tensions, hybrid threats, and climate change, trad...

By Ognjen Bakmaz, Predrag Obrenović

Redesigning artificial intelligence algorithms to support an efficient, balanced, and objective hiring process is becoming a critical step in achieving and maintaining a competitive advantage in the labor market. This paper aims to highlight the importance of stored data and information generated by individuals, whose neutrality and objectivity can...

By Branislav Sančanin, Aleksandra Penjišević, Ognjen Bakmaz

 The modern economic understanding equates company in terms of ownership, the owner of the alliance, and in this regard arises variable combination of the priority objectives in which priority is given to the objectives defined by the majority shareholders. The company is a complex organization that operates in terms of external and internal u...

By Ognjen Bakmaz, Darko Martinov, Dragan Vukasović

 Current public sector reforms, aimed at improving its efficiency and effectiveness, require financial information that reflects the effects of business activities no only on engaged financial but on total economic resources. There is always a dilemma which of accounting models can be applied in the public sector to best meet the requirements ...

By Dragan Vukasović, Ognjen Bakmaz, Biljana Bjelica

 Due to the consequences caused by the crisis of the COVID-19 virus pandemic (interrupted supply chains), energy crisis, geopolitical crisis (war conflicts between Russia and Ukraine) resulting in high inflation, the working paper analyzes, tests and quantifies the impact of gold price movements on daily rates of return from investment activit...

By Marko Milošević, Ognjen Bakmaz

 The paper focuses on understanding the central issues related to intellectual capital with afocus on family businesses. Intellectual capital is becoming a resource of primordialimportance for the creation of economic wealth. It is indisputable that tangible assetscontinue to be an important factor in the production of both goods and services,...

By Bosiljka Srebro, Nenad Marković, Vuk Mirčetić, Ognjen Bakmaz, Uglješa Mrdić

 In this paper the authors consider and study a current and important topic related to the property rights of shareholders such as: the right to a dividend, the right to pre-buy shares, the right to participate in the liquidation and bankruptcy divide, as well as the right to dispose of shares. The basic motive for the founding of a joint stoc...

By Ognjen Bakmaz, Rade Tešić

 The needs for long-term resources of economic entities can be met by generating their own accumulation or using the resources of other participants in reproduction. In the first case, it is about self-financing - investing retained earnings. In the second case, economic entities obtain capital by issuing debt or equity financial instruments t...

By Ognjen Bakmaz, Duško Laković, Milan Vukasović

The paper deals with the analysis of environmental protection in contemporary conditions of life and environment, when its pollution is increasingly present due to industrialization in which dirt technologies are often used, as well as human negligence towards nature and others. The aim of the research is to define the concept and goals of environm...

By Ognjen Bakmaz, Jelena Milosavljević

 The paper analyzes the very important Convention on the Contract on the International Transport of Goods in Road Traffic - CMR, examining, first of all, the documents used in this type of traffic, as well as the liability of the carrier. The paper presents the area of application of the convention, the conclusion and execution of the transpor...

By Јelena Milosavljević, Ognjen Bakmaz