FRANCHISE AGREЕMENT
The title of this contract comes from the English word franchise, which means a special right or privilege. It is believed to have originated in the Middle Ages, when they received a royal privilege notable personality. The first manifestations of this agreement have been developed in the U.S. in the late 19th century in the production of oil...
By Isidora Milosevi, Jelena Milosavljevic Nikov
THE CHRISTIAN ORTHODOX BANK – REALITY OR FICTION?
This paper's subject of research is the possibility of introducing new form of banking trade and innovative banking services and products. The changes in perception of the bank role within society and change in trading focus, from speculation and „betting“ to authentic needs of man and for the man, pulling out of the shadows the f...
By Nenad Vitomirović
THE IMPACT OF POLITICAL ENVIRONMENT ON FOREIGN DIRECT INVESTMENT DECISIONS OF MULTINATIONAL COMPANIES
The paper is dedicated to the political environment and its influence on the foreign direct investment decisions of multinational companies. The aim of this paper is to provide an understanding of the significance of the environmental factors in the host country, especially the political factors, on the foreign direct investment decisions of ...
By Azemina Mashovic, Aleksandra Kiraca
FORCE MAJEURE AND CHANGE OF CIRCUMSTANCES IN INTERNATIONAL TRADE – CONDITIONS FOR EXEMPTION FROM LIABILITY IN CASE OF BREACH OF CONTRACT
The rapid technological development and the development of the global market continually contribute to the development of international trade as well as to the increasing the number of concluded international sales contracts. The conclusion of the sales contract always requires respecting the principle of "pacta sunt servanda", namely fulfill...
By Aleksandra Kiraca, Azemina Mashovich
INFLUENCE OF REMITTANCES FROM ABROAD ON GROSS DOMESTIC PRODUCT OF BOSNIA AND HERZEGOVINA
Attention in this article is focused on the economic effects of emigration on the home country, and especially on the effects of remittances from abroad, which represent the most significant positive economic effect. After reviewing the negative and positive economic effects of emigration, an overview of the basic characteristics of remittanc...
By Nikolina Rakić
CONSEQUENCES OF THE IMPACT OF THE VIRUS, COVID-19 ON THE AREA OF THE CITY OF EAST SARAJEVO
Covid-19 is a virus that appeared at the beginning of the year in the world and only a few months after its discovery, it appeared in Bosnia and Herzegovina and then in East Sarajevo. The introduction of the state of emergency, the movement and monitoring of the number of patients, government measures and the demographic coverage of the sick ...
By Nemanja Pavlović, Slobodan Radovanović, Veselin Bjeloglav
THE IMPORTANCE OF FINANCIAL REPORTING FOR COMPANY MANAGEMENT IN INTERNATIONAL BUSINES
The paper presents the importance and role of financial analysis in corporate governance, as well as the application and role of analysis of financial statements in the system of international business. This research presents how company management can use financial reporting and financial analysis information to stimulate but also control pr...
By Dragan Vukasović, Darko Martinov, Živa Žebeljan
CAPITAL MARKET AS AN INSTITUTIONAL SPACE IN THE FINANCIAL MARKET
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 Nikola Nikolić, Duško Laković, Milan Vukasović
PROPERTY RIGHTS OF СHAREHOLDERS
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
SCOPE AND LIMITATIONS ON THE USE OF CREDIT DERIVATIVES IN SMALL CAPITAL MARKET
Despite its widespread use, rating agency ratings, and high turnover, the market for credit derivatives is still considered new and insufficiently researched. In addition, the intensification of the 2008 financial crisis cannot be fully attributed to the use of credit derivatives, although they played a significant role in the spread of the c...
By Miloš Grujić