Huai-Chun Lo1, Ming Jing Yang2, Cheng-Tsu Huang3 and Ching-Yuan Chien4
This study explores the impact of income on customer loyalty so as to verify whether consumer decision-making is bounded by rationality or not. The empirical findings show that income positively affects customer loyalty in choosing leisure parks. Specifically, high-income customers prefer to reduce the time cost of information collection. Therefore, they are more inclined to choose a specific resort or a leisure activity park of a particular brand rather than spend their time searching and planning for the most appropriate location of a leisure activity park. This result supports the notion that customers’ consumption decisions are bounded by rationality, not for the purpose of making the optimal decision, but in order to pursue satisfying their own needs instead.
Mirjana Todorović i Dragana Parč
Osnovni cilj postavljen ovim radom jeste identifikovanje pozicije kontrolinga i kontrolera, u praksi preduzeća u Republici Srbiji, u uslovima intenzivne digitalizacije. Fokus istraživanja će biti na shvatanju i kritičnim faktorima uspeha kontrolinga, alatima i zadacima kontrolera. Istraživanje je sprovedeno na uzorku od 35 preduzeća, a anketirana su lica zaposlena na različitim pozicijama u kontrolingu. U metodološkom smislu, analiza podataka je obuhvatila deskriptivnu statistiku, merenje pouzdanosti i interne konzistentnosti varijabli (Cronbach’s Alpha koeficijent) i sprovođenje neparametarskog testa (Mann-Whitney’s U test). Rezultati istraživanja pokazuju da se kontroling shvata višedimenzionalno, a najčešće kao stručna podrška menadžmentu; da je ključni faktor uspeha kontrolinga stručnost i kompetentnost kontrolera; da su najznačajniji alati u kontrolingu budžet, analiza odstupanja i kratkoročni obračun rezultata i da je jedan od osnovnih zadataka kontrolera izveštavanje menadžmenta. Sprovođenje neparametarskog testiranja omogućilo je identifikovanje statistički značajnih razlika u stavovima ispitanika.
Khadijat Adenola Yahaya, Ramat Titilayo Salman, Abubakar Kolapo Abdulsalam and Adesanmi Timothy Adegbayibi
This study is aimed at evaluating the impact of human resource accounting for the profitability of Nigerian listed conglomerate companies. The secondary data used in the study were collected from the audited annual reports of the six conglomerate companies quoted on the Nigerian Stock Exchange in the period from the year 2010 to 2019. The panel regression technique was adapted for the purpose of the analysis of the collected data. The results show that the cost of staff training and staff development, changes in employees’ salaries and post-employment benefits have a positive significant impact on the profitability of the Nigerian conglomerate companies. The study then concludes that human resource accounting positively contributes to the profitability of Nigerian conglomerate companies and provides the recommendations reading that Nigerian companies should invest more in their employee training and development.
Aleksandra Praščević i Milutin Ješić
U radu se analizira uticaj cena energenata na makroekonomsku stabilnost. Cene energenata predstavljaju značajne šokove ponude, koji su se kroz ekonomsku istoriju pokazali kao jedan od vodećih generatora cikličnih fluktuacija. Analiza je obuhvatila države članice bivše SFRJ, kao i države članice Višegradske grupe. Posmatrani pokazatelji su, radi komparativne analize, prikazani i za EU27 kao celinu. Saglasno sa ekonomskom teorijom, glavni zaključak rada je da šokovi ovog tipa mogu biti značajan izvor cikličnih fluktuacija i okidač inflacije, te da kreatori ekonomske politike imaju kompleksan zadatak da minimiziraju efekte ovih šokova. U aktuelnom trenutku, kada na globalnim energetskim tržištima cene energenata dostižu istorijski visoke nivoe, naučni doprinos analize šokova sa strane ponude može se naći u dubinskoj analizi i utemeljenoj oceni uloge ovih šokova u očuvanju makroekonomske stabilnosti, kao i neophodnih mera ekonomske politike za minimiziranje njihovih negativnih efekata.
Mirjana Gligorić Matić i Biljana Jovanović Gavrilović
U radu se razmatraju kvantitativni aspekti privrednog rasta, odnosno, njegova dinamika. Mada je uobičajeno da se prilikom analize dinamike ekonomskog rasta zemalja posmatra stopa (intenzitet) rasta, pri čemu se varijabilnost rasta zanemaruje, pokazujemo da obuhvatanje fluktuacija u stopama rasta ima jasnu motivaciju i praktičan značaj. Na uzorku evropskih zemalja, uključujući i Republiku Srbiju, analiziran je intenzitet rasta i njegova stabilnost, da bi se, na osnovu ove dve komponente, konstruisao indikator dinamike rasta i prilagođena stopa rasta. Na bazi ova dva konstruisana indikatora, analiziran je položaj svake zemlje u uzorku, kao i u okviru regiona (Zapadne i Istočne Evrope) kome pripadaju. Analiza i rezultati ukazuju na važnost ovakvog pristupa prilikom analize i komparacije privrednog rasta pojedinačnih zemalja u srednjem i dugom roku, kao i procene efekata na budući privredni rast i blagostanje.
Vlastimir Lekovic
U Svesci 2 Volumen 24 Godište 2022 naučnog časopisa Ekonomski horizonti publikuju se četiri izvorna naučna i dva pregledna članka, i Zahvalnica recenzentima rukopisa podnetih Uredništvu Časopisa, u 2021.
Gordana Radosavljević
Oghenenyerhovwo Rita Inoni1 and Chiyem Okorie2
The largest number of studies on the determinants of the consumer’s decision to purchase washing machines have explored the influence of the price, the product quality, the perceived value and related constructs without the effects made by consumption emotions. Therefore, the purpose of this study is to determine the impact of brand quality, consumption emotions and socioeconomic factors on the consumer’s decision to purchase washing machines in Nigeria’s Delta State. The data used in the study were obtained from a cross-section of 385 consumers drawn from Asaba, Sapele and Warri, the three most populous towns in Delta State. The results show that brand quality, consumption emotions and socioeconomic variables, such as the household size, the education level and income are the significant determinants of a decision to purchase washing machines in the study area. The significance of emotions as predictors of a purchase decision underscores the need for manufacturers of electrical home appliances to ensure that the design and functionality of their products elicit the positive emotions that will foster customers’ attachment and loyalty to a brand in order for the manufacturers to maximize their revenue and sustain a profit.
Henry Emife Monye-Emina1 and Edirin Jeroh2
This study essentially examines the audit effort as a possible determinant of the abnormal audit fees evinced in International Financial Reporting Standards-based financial statements. Therefore, the secondary data were sourced from the audited annual reports and the relevant financial statements of the Nigerian listed banks for the period of observation (2010-2019). An analysis was performed using the relevant techniques that include descriptive statistics, the correlation matrix and panel regression. The findings showed that the IFRS, the client complexity (CPX) and the client size (SIZ) were negatively correlated with abnormal audit fees (ABFEE), whereas joint audit (JAD) recorded a positive correlation with such abnormal audit fees. Lucidly, joint audit showed a stronger relationship with abnormal audit fees, whereas the client size showed a significant, but negative relationship with abnormal audit fees. Similarly, the fact that, with a probability value 0.9494, the relationship between ABFEE and the client complexity was not significant was noticed. Given these research outcomes, it can be concluded that abnormal audit fees are primarily motivated by extra or unexplained audit efforts and the costs associated with them. It is, therefore, recommended that, proportionately with the service(s) rendered, accounting professional bodies should review, harmonize and tactically institute a limit for professional charges through the enforcement of regulated benchmarks for audit fees payable by clients.
Snezana Nestic1, Aleksandar Aleksic1, Jaime Gil Lafuente2 and Nikolina Ljepava3
Enhancing production and sale has a very significant effect on the competitive advantage of any production enterprise. In practice, especially in companies with highly diversified production, products have a different impact on generating revenue. Therefore, operational management pay attention to the products of the utmost importance. The Pareto analysis is the most broadly used product classification method. It can be said that the results obtained by this analysis are still very burdened by decision-makers’ subjective attitudes. This paper proposes a model for selecting products with the biggest impact on generating revenue in an exact way. In the model’s first stage, whether there is a linear relationship between volume demand and a discounted amount is analyzed applying mathematical statistics methods. In the second stage, the Genetic Algorithm (GA) method is proposed so as to obtain a near-optimal set of the most important products. The proposed model is shown to be a useful and effective assessment tool for sales and operational management in a production enterprise.