SCIDAR Collection:https://scidar.kg.ac.rs/handle/123456789/82082024-03-22T18:39:11Z2024-03-22T18:39:11ZINTERDEPENDENCE OF CONTROL ACTIVITIES AND MONITORING AS COMPONENTS OF THE INTERNAL CONTROL SYSTEM OF MANUFACTURING COMPANIES IN THE REPUBLIC OF SERBIARadojević, AleksandraDragičević, PredragMilašinović, Markohttps://scidar.kg.ac.rs/handle/123456789/186942023-07-28T02:01:37Z2022-01-01T00:00:00ZTitle: INTERDEPENDENCE OF CONTROL ACTIVITIES AND MONITORING AS COMPONENTS OF THE INTERNAL CONTROL SYSTEM OF MANUFACTURING COMPANIES IN THE REPUBLIC OF SERBIA
Authors: Radojević, Aleksandra; Dragičević, Predrag; Milašinović, Marko
Abstract: The subject of research in this paper is control activities and monitoring as components of the internal control system in manufacturing companies in the Republic of Serbia. The aim of this paper is to determine not only interdependence of control activities and monitoring, but also the interdependence of these components of the internal control system with indicators of ROA and ROE of a company. An additional goal of this paper is to examine the existence of differences in the assessment of the importance of control activities and monitoring applicable in manufacturing companies of different sizes. The research included a sample of manufacturing companies operating in the Republic of Serbia. The analysis was performed in the SPSS statistical program, where a correlation analysis was performed using the Pearson Coefficient, as well as the Kruskal-Wallis H test and the Mann-Whitney U test. The obtained results showed the existence of a strong positive link between control activities and monitoring, as well as weak links between control activities and monitoring, on one hand, and ROA and ROE indicators of the company, on the other hand. In addition, the results confirmed that there is no difference in the importance of the application of internal control systems, i.e. control activities and monitoring, in manufacturing companies of different sizes.2022-01-01T00:00:00ZCOVID-19 PANDEMIC AND FRAUDULENT ACTIONS IN THE FINANCIAL STATEMENTS: THE CASE OF HOTEL COMPANIES IN THE REPUBLIC OF SERBIAMilašinović, MarkoJovković, BiljanaDragičević, Predraghttps://scidar.kg.ac.rs/handle/123456789/186922023-07-28T02:02:04Z2022-01-01T00:00:00ZTitle: COVID-19 PANDEMIC AND FRAUDULENT ACTIONS IN THE FINANCIAL STATEMENTS: THE CASE OF HOTEL COMPANIES IN THE REPUBLIC OF SERBIA
Authors: Milašinović, Marko; Jovković, Biljana; Dragičević, Predrag
Abstract: The quality of information presented in the financial statements of companies may be impaired due to fraudulent activities. One of the frequently used instruments that indicates that fraud has been committed in the financial statements is the Beneish M-score model. The purpose of the research is to examine the exposure of hotel companies in the Republic of Serbia to the risk of fraud in financial statements, as well as to determine whether there has been a change in that risk due to the COVID-19 pandemic. The research was conducted on a sample of 100 randomly selected hotel companies, and their financial reports for 2019 and 2020 were observed. There was a high risk of fraud based on the recognition of costs of sales, management and administration, and borrowing in both observed years, as well as a high risk of fraud based on the recognition of income and gross margin index in 2020. Further, it was determined that in the year of the COVID-19 pandemic, there was an increase in the risk of fraud in the financial statements based on the gross margin index and recognition of selling, management and administration costs. Microenterprises are exposed to a higher risk of fraud based on the recognition of costs of sales, management and administration compared to medium-sized ones. Limited liability companies are more exposed to risk based on the recognition of sales revenue, accrual item and total risk (measured by the 8-variable model) compared to joint-stock companies. On the other hand, joint-stock companies are more exposed to the risk of fraud based on gross margin and general risk of fraud (measured by the 5-variable model) compared to limited liability companies.2022-01-01T00:00:00ZSocial media and corporate image as determinants of global and local brands purchase: Moderating effects of consumer openness to foreign culturesFilipović, JovanaŠapić, SrđanDlacic, Jasminahttps://scidar.kg.ac.rs/handle/123456789/185422023-07-12T19:28:10Z2023-01-01T00:00:00ZTitle: Social media and corporate image as determinants of global and local brands purchase: Moderating effects of consumer openness to foreign cultures
Authors: Filipović, Jovana; Šapić, Srđan; Dlacic, Jasmina
Abstract: The main goal of this paper is to analyze the impact of social media marketing activities (SMMA) and corporate image as antecedents of global and local brands purchase. Furthermore, the goal of this research is to determine whether consumer openness to foreign cultures has moderating influence on selected relationships in the research model. The sample of 372 respondents was collected. Hypotheses were tested using structural equation modeling. For both local and global brands, SMMA and corporate image have a positive impact on consumer attitudes. Additionally, consumer attitudes influence positively consumer intentions concerning the purchase of both types of brands, and intentions have the same influence on the actual purchase of analyzed brands. Consumer openness to foreign cultures has moderating influence on relationships between the corporate image and consumer attitudes, regarding both global and local brands.2023-01-01T00:00:00ZDoes training and development affect employee retention in the hotel industry?: The mediator role of organizational commitmentMirić, MarijaSlavković, Markohttps://scidar.kg.ac.rs/handle/123456789/185412023-07-12T19:28:54Z2023-01-01T00:00:00ZTitle: Does training and development affect employee retention in the hotel industry?: The mediator role of organizational commitment
Authors: Mirić, Marija; Slavković, Marko
Abstract: The capacity of hotel companies to attract and keep qualified human resources is a critical factor influencing their long-term success. This study aims to verify the effects of training and development on staff retention in hotels located in the Republic of Serbia and to determine if a high degree of organizational commitment alters the strength of the link between these constructs. Descriptive and correlational analysis, ANOVA, T-test, and the regression model for testing mediation effects were applied to a sample of 97 hotel employees. The obtained results confirmed the statistical significance of the association between training and development and employee retention, along with the mediating role of their commitment in this relationship. The study's theoretical contribution enhances knowledge of the intricate connection between training and development, employee commitment, and staff retention. Additionally, the results support hotel management in reinventing the approach for controlling employees' work attitudes through a number of pragmatic implications.2023-01-01T00:00:00Z