bluuebunny/crossref_metadata_2025 huggingface dataset:
Osnivanje založnog prava / Foundation of the Pledge Law
Authors: Medić Duško
Published: November 2017

According to the forms of founding, pledge law divides into three groups : voluntary, judicial and legal. The Proprietary law of Republika Srpska predicts that a voluntary pledge law can be achieved over certain goods or right on the basis of the legal affair, judicial pledge law to be established on the basis of settlement of the creditors in the executive proceedings, and legal pledge law anticipates its realization in acccordance with the law. Pledge law has been founded upon fulfillment of all general and special legal conditions that differs for particular types of the pledge law.
Životna sredina - opasnosti i pravna zaštita / Human Environment ‒ Risks and Legal Protection
Authors: Babić Ilija
Published: November 2017

The most relevant factors that affect climate are astronomic cycles ant their effects on planet Earth and Earth’s orbit around the Sun. They have impact on the occurrence of glacial and interglacial periods at generally 100.000-year frequencies, which were affected by orbital shape variations and effects of greenhouse gases.The youngest geological epoch of the geological history of Earth is Holocene (started with warming) that began approximately 11.000 years BP. In that epoch, the shape of Earth’s orbit around the Sun was nearly circular, close to a perfect circle, and the seasonal contrast was less severe, due to decreased tilt of Earth’s axis from the plane of its orbit around the Sun. However, most scientists are arguing that the causes of rapid climate change are rooted in human activity, and not in its internal orbital variations. The main causes of global warming are increased level of carbon dioxide, but also of methane and chlorofluorocarbons in the atmosphere. These gases are responsible for the greenhouse effect, ozone layer depletion in stratosphere and rapid global warming. In order to set up the legal framework of environmental protection, the United Nations Conference on the Human Environment has adopted Stockholm Declaration in June 16, 1972. About twenty industrial states have ratified in 1987 the Montreal Protocol on Substances that Deplete the Ozone Layer, which has undergone many revisions by London Convention (1990), Copenhagen Accord (1992), Vienna Convention (1995), Kyoto Protocol (1997) and the Paris Agreement ‒ an international universal agreement on climate adopted at the 2015 Paris Climate Conference (COP21). Environmental protection in the European Union is provided for by its primary and secondary law, and the most EU environmental regulations were implemented in the Serbian legislation.
Primjena načela fiskalne neutralnosti u presudama suda pravde Evropske unije / Application of Fiscal Neutrality Principle in the Case Law of the Court of Justice of the European Union
Authors: Antić Dinka
Published: November 2017

Neutrality of value added tax (VAT) is not only a theoretical issue and unattainable myth but also a need for all modern economies. Higher degree of neutrality brings to a reduction of distortions on micro, macro and global economic system caused by selective taxation, with positive consequences on capital allocation efficiency at the national, regional and global level. The European Union, as a supranational integration, has mobilised all available legal mechanisms for elimination of harmful practice and policies that jeopardise VAT neutrality in the Member States and at the EU level as well. The EU is aiming at increasing the efficiency of the VAT system and coherence with the global VAT system promoted by OECD. By activities on reforming the EU legal framework in the field of VAT taxation taxpayers in the EU are brought to the level playing field at the EU Single Market and the world market as well. Legal framework at the EU level has been updated directly by amendments to the Council Directive 2006/112/EC and other related Council directives, and indirectly, via comprehensive case law of the Court of Justice of the EU. The practice of the Court and mandatory implementation of its case law indirectly contribute to uniformity of application of the VAT rules, its efficiency and neutrality in relation to position of taxpayers at the EU level. The Court decisions have become a powerful mechanism of supranational intervention in the EU VAT system aiming at achieving a higher degree of harmonisation of VAT system at the EU level. Due to the attitude of the Court that a principle of VAT neutrality has a supremacy over national VAT legislation and rules, the decisions have produced systematic implications for national tax systems as well.
Mirno rješavanje međudržavnih sporova – određeni aspekti upotrebe diplomatskih i pravnih sredstava / Peacefull Settlement of Interstate Disputes – Certain Aspects of the Use of Diplomatic and Judicial Means
Authors: Glodić Duško
Published: November 2017

Development of inter-state relationships may lead to the point where diverging attitudes of States appear regarding a concrete issue. In certain situations, this divergence can be treated as a dispute, either of diplomatic or legal nature. All States are due to settle their disputes by peaceful means, which further implies their duty to undertake measures to overcome the dispute. The use of force is, in principle forbidden in the dispute settlement. The International Law and diplomacy have developed a number of means for dispute settlement. Those means are grouped in two sets: diplomatic and judicial means. The practice shows the use of different means, but it is not unusual that several means may be used to settle the same dispute, either consecutively or simultaneously. This paper attempts to assess whether it is possible to identify a set of rules in the International Law that are encouraging use of particular dispute settlement means. The paper concludes that concensualism is the governing principle of dispute settlement under the International law, which connotes that the parties to a dispute, either ex ante or ex post have to agree, explicitly or implicitly, what dispute settlement means to apply in the concrete case. Given the prevailing significance of concensualism, as the governing principle in the area of dispute settlement, it is difficult to identify some general rules which would define what means to use at what stage. It is quite impossible to pre-determine what dispute settlement means would be used by the parties in a concrete settlement process. Never the less, certain level of predictability exists if the parties agreed in advance on the manner in which disputes are to be settled. The findings and conclusions in this paper are based on the exploration of available cases from the international practice and writings by scholars.
Učešće žena u aktima političkog nasilja / Participation of Women in Acts of Political Violence
Authors: Zirojević Mina
Published: November 2017

In this paper, the author examine the topic of suicide terrorists as the most radical form of terrorism. On the example of suicide bombers, the reasons for resorting to terrorism were explained, as well as the most optimal ways of eliminating or at least reducing this threat. The analyses often state that the main motives of suicide bombers are rewards in heaven or economic benefit or family’s persuasion, but we believe that this explanation is too simplistic. I will prove that the main motive is the lack of sense of purpose in life, dehumanization of man, human activities, and different cultures.
Bankruptcy of Natural Persons // Stečaj fizičkih lica
Authors: Čolović Vladimir
Published: November 2017

The bankruptcy of natural persons or personal bankruptcy differs from the bankruptcy of companies. The two most important elements of personal bankruptcy are the personal management and the exemption of the remaining debts. The main characteristic of personal management is that the debtor, under the supervision of the trustee, manages its assets. The basic question is whether the personal management is a form of reorganization or not. The exemption of the remaining debts is the main purpose of personal bankruptcy. This institute is connected with the certain conditions and terms. The purpose of the personal bankruptcy is the assistance provided to the debtor-natural person in order to fulfill its obligations. In the procedure of the personal bankruptcy is applied, in addition to the general rules of bankruptcy procedure, the special rules that bind to the character of the debtor. We must distinguish the natural person - debtors who are engaged in a business carried on from the “ordinary” citizen – consumer. The paper analyzes and criticizes the regulation of the bankruptcy of natural persons in the Act of Bankruptcy of the Republic of Srpska, which defines the partner and complementary as the debtors. Attention is, also, paid to the legislation of Croatia in this area, as well as to the models of regulation of personal bankruptcy in Anglo-Saxon and continental law.
Construction on Somebody Else’s Property // Građenje na tuđem zemljištu
Authors: Medić Duško
Published: November 2017

Construction on somebody else’s property is a legal way of aquiring property rights. That is the case of an artificial growth of immovable property which is in existence when someone builds a construction project with his own material and work and locate it on somebody else’s land, and in addition to that there is not any contractual or other relations regulating that matter between the owner and the constructor. This institute is being under a reformation by the Proprietary law of Republika Srpska.General determination is to protect the owner of the land. Principle superficies solo credit is nearly carried out now. Only exception is the case when a constructor is scrupulous and the owner is unscrupulous. In that case the constructor becomes the owner of the building along with the land for its regular usage. In all other cases the owner of the land is preffered.
Minor - The Victim of Sexual Violence in Swedish, Austrian and Russian Law // Dete - žrtva seksualnog nasilja u švedskom, austrijskom i ruskom pravu
Authors: Jovašević Dragan
Published: November 2017

Violent offences directed against sexual integrity of other persons are indisputably considered as the most dangerous forms and aspects of criminality. They are known as the offences against sexual integrity or “sexual offences”. Due to its significance, nature, characteristics and consequences, the crime of sexual violence, for which all contemporary legislations prescribe the most severe types and measures of punishment, particularly stands out among these criminal offences. All contemporary criminal legislations are familiar with various forms and aspects of the crime of sexual violence, depending on the division criteria. In these of offences are specially accenting crimes of sexual violences against minors The Convention for the Protection of Children against Sexsual Exploitation and Sexsual Abuse (2007) laid down the criminal law standards for the protection of minors. After the ratification of the Convention, these standards became part of domestic legal system. This paper discusses the term, characteristics, and elements of the crime of sexual violence in the cases when the attribute of minor as the element of their description in Swedish, Austrian and Russian law, from both – theoretical as well as practical aspect.
State Administrations Affairs in the Field of Conclusion and Implementation of International Treaties // Poslovi državne uprave u oblasti zaključivanja i izvršavanja međunarodnih ugovora
Authors: Đurić Vladimir , Vranješ Nevenko
Published: November 2017

The purpose of this article is to analyze the state administration activities in the administrative area of foreign affairs which are related to the conclusion and implementation of international treaties. After analyzing those activities in comparative law, the legal aspects of the participation of state administration bodies in Bosnia and Herzegovina in initiating of the process of conclusion of international agreements, negotiations for their conclusion, preparation of necessary documents, including instruments of ratification, publication of the text, entry into force, and termination of international treaties, as well as of their implementation in the case of self-executing treaties are presented. The conclusion is that, according to their legal nature, those activities can not be considered as extralegal activities of the state bodies that are directly derived from state sovereignty, but rather and only as the activities which are provided and arranged by law and which are in line with general administrative affairs of the state administration. However, such conclusion isn’t in contradiction to the fact that, in certain cases, those activities fall within the scope of executive powers discretion.
Some Solutions in the Draft of Criminal Code of the Republic of Srpska // Pojedina rješenja u nacrtu krivičnog zakonika Republike Srpske
Authors: Ikanović Veljko
Published: November 2017

The paper presents the text and analysis of individual characteristic solutions according to the current version of the Draft of the new Criminal Code of Republika Srpska, which was drafted by the working group of the Ministry of Justice of Republika Srpska. It’s about these institutes from the general part: pronouncement of imprisonment for up to six months, prohibition of driving a motor vehicle, acquisition and prolonged criminal offense and the safety measure of compulsory psychiatric treatment and care in a health institution. Given that almost all of the foregoing is deviating from the multiannual established principles and attitudes of legal science and jurisprudence, we expect that these solutions will cause considerable attention but also cause certain problems in practical application. Considering that some of the selected and processed solutions are unnecessary and the other undefined and undetermined, this paper aims to draw the attention of the scientific and professional public in order to form a view on the real need for such solutions to be truly adopted.
Prikaz udžbenika Građansko pravo
Authors: Morait Branko
Published: November 2017

Prikaz
Prikazi novih publikacija iz građanskog prava
Authors: Morait Branko
Published: November 2017

Prikaz
Praksa Ustavnog suda Bosne i Hercegovine
Authors: Simović Vladimir M.
Published: November 2017

Sudska praksa
КРИВИЧНОПРАВНИ ЗНАЧАЈ МРЖЊЕ - ЗАКОНОДАВСТВО, ТЕОРИЈА И ПРАКСА ДРЖАВА БИВШЕ СФРЈ
Authors: Симовић Миодраг , Јовашевић Драган
Published: November 2017

Велики број кривичних дјела у позитивном кривичном законодавству учиниоци предузимају са посебном врстом побуде - мржњом. Побуда, иначе, представља унутрашњи покретач човјека на предузимање радње којом се остварује кривичноправно релевантна посљедица која је законом прописана као кривично дјело. Стога, савремена кривична законодавства побуду предвиђају на више мјеста. Прво, побуда, односно њене карактеристике, природа и дејство представља околност (отежавајућу ако се ради о мржњи) код одмјеравања казне учиниоцу кривичног дјела. Друго, поједина законодавства, нпр. Србије су отишла корак даље па побуду предвиђају као пооштравајућу околност која доводи до обавезног тежег кажњавања - изван казненог распона прописане казне. Треће, побуда представља обиљежје бића појединих кривичних дјела у основном или квалификованом облику. У том случају, мржња представља елеменат основног дјела или квалификаторну околност, при чијем постојању дјело добија тежу квалификацију чији се учинилац кажњава тежом казном. У раду се са аспекта позитивног кривичног законодавства разматрају појам, елементи, карактеристике, природа и дејство мржње, као посебне врсте побуде у законодавству држава бивше СФРЈ, посебно као околности од значаја за одмјеравање казне.
МЕЂУНАРОДНО КРИВИЧНО ПРАВОСУЂЕ: НАСТАНАК И ИСТОРИЈСКА ЕВОЛУЦИЈА
Authors: Симовић Миодраг
Published: November 2017

Идеја универзалног кривичног правосуђа имасвоје коријене далеко уназад у људској историји. Међутим, тексу се у 20. вијеку такве идеје почеле конципирати као правна пи-тања. На путу успостављања индивидуалне кривице у међуна-родном кривичном праву стајале су двије главне препреке. Прво,у класичном међународном праву су државе, а не појединци билиискључиви субјекти. Зато је утврђивање кривичних норми међу-народног права, прије свега, захтијевало признавање појединцакао субјекта међународног права. Друго, било је неопходно да сепревазиђе одбрамбени став држава према спољним утицајима,што је било укоријењено у концепту суверенитета. Те препрекесу ипак превазиђене. У том контексту, развој међународног кри-вичног права био је подстакнут општом тенденцијом савременогмеђународног права да се ојача положај појединца.
ЗЛОЧИН ПРОТИВ ЧОВЕЧНОСТИ У МЕЂУНАРОДНОМ И КРИВИЧНОМ ПРАВУ БОСНЕ И ХЕРЦЕГОВИНE
Authors: Икановић Вељко , Јовашевић Драган
Published: November 2017

Међународно кривично право као систем прав-них прописа садржаних у актима међународне заједнице, али и унационалном (интерном) кривичном законодавству појединих др-жава предвиђа кривичну одговорност и кажњивост за већи бројмеђународних кривичних дела међу којима се издваја злочин про-тив човечности. То су дела којима се крше ратни закони и оби-чаји рата (међународно хуманитарно право) и којима се повређујемир међу народима и безбедност човечанства. За учиниоце овихкривичних дела у одређеним случајевима је примарна надлежностмеђународних судских (наднационалних) органа. Управо о појму икарактеристикама кривичног дела злочин против човечности сатеоријског и практичног аспекта у међународном и националномкривичном праву Србије, Хрватске и Босне и Херцеговине говориаутор у свом раду.
МИРЈАН ДАМАШКА: ЛИЦА ПРАВОСУЂА И ДРЖАВНА ВЛАСТ - УПОРЕДНИ ПРИКАЗ ПРАВОСУДНИХ СИСТЕМА (Издавачки завод ,,Глобус“ Загреб, 2008, стр. 277)
Authors: Симовић Миодраг
Published: November 2017

У Хрватској се недавно појавио превод књиге др МирјанаДамашке: ,,Лица правосуђа и државна власт-упоредни приказ пра-восудних система“, коју је аутор под оригиналним насловом “TwoFaces of Justice”, у продукцији познатог америчког УниверзитетаYale, објавио 1986. године.1 Проф. Дамашка је sterling professoremeritus Правног факултета Универзитета Yale и почасни докторУниверзитета у Загребу (doctor honoris causa).2 Универзитетскукаријеру започео је шездесетих година 20. вијека на Правном фа-култету у Загребу, а затим почетком седамдесетих наставио у САД(University of Pennsylvania, те од 1976. Yale University). Дописније члан (Одјељење за друштвене науке од 16. маја 2002. године)Хрватске академије наука и умјетности и редовни члан Америч-ке академије наука и умјетности, те члан American Association forthe Comparative Study of Law, International Academy of ComparativeLaw и International Association of Penal Law. Наступао је као AmicusCuriae пред Међународним кривичним судом за бившу Југославију(2005. године). Главне научне теме са којима се проф. Дамашкабави су: доказно право, упоредно процесно право, међународнокривично право и теорија упоредног права.
СУДСКА ПРАКСА УСТАВНОГ СУДА РЕПУБЛИКЕ СРПСКЕ - ЗАКОН О ГРОБЉИМА И ПОГРЕБНОЈ ДЈЕЛАТНОСТИ
Authors: Дмичић Миле
Published: November 2017

У првом реду, вијеће је утврдило да је законодавац посту-пио у складу са уставним овлашћењима када је уредио врсте,изградњу, коришћење и управљање гробљима, обављање погребнедјелатности, те предметним законом повјерио органима једи-ница локалне самоуправе надлежност за доношење релевант-них аката неопходних за неометано функционисање ове кому-налне дјелатности.
MANDATUM И IUSSUM
Authors: Богуновић Мирјана
Published: November 2017

Спорна правна природа јусума (iussum) произво-ди низ недоумица о мјесту и значају тог института у системуримског права. Да ли је јусум институт јавног права или је пак издомена приватног права; да ли има значење пуномоћја или накнад-но датог одобрења; да ли се њим регулишу појединачне ситуацијеили има карактер генералног овлашћења на поступање? Нарочитпроблем који се појављује у проучавању овог института је уоча-вање разлике између мандата и јусума као института којима сеостварује исти сврха. Оба института представљају правне ин-струменте преко којих се друга лица обавезују на одређено чињењеу корист налогодавца. У којој мјери је јусум сличан мандату а ко-лико има своје аутохтоности, аутор настоји одгонетнути у радуна основу анализа текстова римских правника из класичног пери-ода.
ОСВРТ НА ЗАКОН О ПОРЕСКОМ САВЈЕТОВАЊУ РЕПУБЛИКЕ СРПСКЕ
Authors: Вулић Ранко , Зељковић Мирјана
Published: November 2017

Закон о пореском савјетовању („Службени гласникРепублике Српске“, број 17/08) донијела је Народна скупштина Ре-публике Српске на 17. сједници одржаној 30. јануара 2008. године.Тим Законом у привредни систем Републике Српске уведена је јошједна слободна професија. Закони који регулишу исту професијудонесени су у Републици Хрватској и Републици Црној Гори. У Сло-венији, Србији и Македонији су донесени нацрти закона, а у Феде-рацији БиХ нити нацрт. На питање да ли је наведени Закон данас,након више од шест година од дана доношења, у примјени, тешкоје дати одговор.
Позитивноправна проблематика Закона о финансијској консолидацији привредних друштава ФБ иХ 2014.
Authors: Чокић Мирела
Published: November 2017

Сходно постојећим (не)приликама у привреди Бо-сне и Херцеговине (даље: БиХ) јавила се потреба за нормирањемтј. доношењем нове законске регулативе у области опстанка и на-ставка рада/пословања привредних друштава. Тако се упркос по-стојању Закона о стечајном поступку ФБиХ и институту реор-ганизације привредних друштава који третира, дошло до закључ-ка да у крајњој итерацији егзистирања привредног друштва, тајисти институт не може получити, нити понудити нека нова ибоља практична рјешења за успјешну санацију истих. Стога је,а због оваквог свеопштег стања у привреди и све лошијег посло-вања итекако значајних привредних друштава држава одлучилаинтервенисати у овој области кроз доношење и примјену акту-елног Закона о финансијској консолидацији привредних друшта-ва у ФБиХ (даље: ЗФКПД ФБиХ). Наведени закон кроз примје-ну Елабората (који су sui generis за свако привредно друштво)резервише већи дио надлежности и контроле, као и одговорностиресорних министарстава у области привређивања. Исти се осимтога, односи како на она привредна друштва с већинским учешћемдржавног капитала, тако и она са 100% омјером капитала уприватном власништву, за шта сматрамо да је велика предност.У контексту наведеног, највећи дио овог рада се управо односина суштински дио позитивноправне проблематике нормиранеЗФКПД ФБиХ.
ПРАВО ПАТЕНТА И ЊЕГОВ ЗНАЧАЈ ЗА РАЗВОЈ ПОСЛОВНОГ ПРАВА
Authors: Дамјановић Јелена
Published: November 2017

У данашњем добу модерних технологија којичини основ привреде развијених земаља, заштита иновација пу-тем патента је од примарног значаја. Право патента, иако чинисаставни дио корпуса права индустријске својине, те заједно саауторским и сродним правима, чини право интелектуалне свији-не, због свог значаја се често de facto самостално посматра. Дру-гим ријечима, право патента штити иновацију, изум који покрећемодерну економију, поступак заштите; промет права патента;ограничење патента; игра кључну улогу у развоју пословно-прав-них односа. Самим тим од великог је значаја да се правни прописииз дате области ускладе са наглим развојем иновација модерногвремена.
БЕЧКА КОНВЕНЦИЈА О ДИПЛОМАТСКИМ ОДНОСИМА - темељ савременог међународног права представљања -
Authors: Савић Матеј
Published: November 2017

Теоријскоправна димензија дипломатских односа од правапосланства – iuslegationis до модерног права представљањадржава – iusrepresentationis чине основу од које аутор надаљедетерминише савремено међународно право представљања иданашње дипломатско право.Основу рада чини позитивно -правна димензија међународног права представљања кој а јеутјелотворена у Бечкој конвенцији о дипломатским односима,имунитетима и привилегијама и заокружена Бечком конвен -цијом о конзуларним односима. БКДО својим разноврснимеластичним рјешењима, омогућила је државама кориштење икомбинацију вишеструких могућности кумулације функција ипредставништава, што је у овом раду посебно разматрано.Свакако, Конвенција је обезбједила остварење прогресивногразвоја међународног права, а тиме и интензивно остварењедипломатско-конзуларног права. Конвенција је дала немјерљивдопринос развоју дипломатске праксе и обезбјеђењу правнесигурности у међународним односима. Иако се налази, као имеђународно право уопште, пред великим изазовима, Бечкаконвенција о дипломатским односима представља један однајуспјешнијих вишестраних уговора у систему Уједињенихнација што је детаљно разматрано у овом раду.
КОНГРУЕНТНО ОБЕЗБЈЕЂЕЊЕ И НАМИРЕЊЕ ПОТРАЖИВАЊА ДРЖАВЕ
Authors: Шехић Аднан
Published: November 2017

У овом раду се приказује основ настанка потраживањадржаве према привредним друштвима, те начин како државаобезбјеђује и наплаћује своја потраживања. Поступак поједи-начног обезбјеђења и/или наплате потраживања државе сезаснива на позитивним легислативним прописима из којих задржаву произилазе компаративне предности у односу на осталеповјериоце. Дакле, држава и привредно друштво се у свемупонашају уобичајно, у складу са законским овлаштењима. Сдруге стране, приказане су опште претпоставке за примјенуинститута побијања правних радњи у стечајном поступку, теанализа да ли правне радње државе могу испуњавати ове општепретпоставке. Аутор1 кроз рад указује и на посебне претпос-тавке конгруентног обезбјеђења и/или намирења потраживања,те анализира да ли правне радње државе и/или стечајногдужника које су усмјерене на наплату и обезбјеђење потра-живања државе могу испуњавати ове претпоставке, односно,може ли се на њих примијенити институт побијања правнихрадњи у стечајном поступку.
ЛИЗИНГ ПОСЛОВИ
Authors: Даниловић Дамјан
Published: November 2017

У нашем правном систему је лизинг посао дуго био неименован, док је у другим правним системима као и у међународном право постојао више деценија. 2007. године је Народна скупштина Републике Српске усвојила закон о финансијском лизингу. Постављени су нови  услови, како у погледу лица која се баве лизингом, тако у погледу форме уговора. Циљ овог рада јесте да анализира  специфичности овог посла, његове битне карактеристике и правне односе.
УТИЦАЈ АДМИНИСТРАТИВНИХ БАРИЈЕРА НА ПОСЛОВАЊЕ ПРЕДУЗЕЋА: ЕМПИРИЈСКА СТУДИЈА У РЕПУБЛИЦИ СРПСКОЈ
Authors: Лукић Зоран , Ђурић Предраг , Новарлић Борис
Published: November 2017

Релативно дуг период економске кризе, нефлексибилан институционални и регулаторни оквир и неадекватна економска политика карактеристике су националне економије Републике Српске, а што за посљедицу има спорији привредни опоравак у односу на земље у окружењу. Предузећа се суочавају са отежаним пословним окружењем, чему у највећој мјери доприносe компликоване, дуготрајне и скупе административне процедуре. У укупно посматраном узорку, 41% предузећа сматра да су административне процедуре општинске/градске управе компликоване, док њих 44% сматра исто за републичке институције. Такође, 43% анкетираних је мишљења да је вријеме за рјешавања наведених процедура општинске/градске управе дуготрајно, док њих 41% сматра исто за републичке институције. Полазећи од поменутих околности, истраживање у оквиру ове теоријско-емпиријске студије заснива се на проналажењу одговарајућих рјешења у погледу елиминисања негативног утицаја административних баријера на пословање предузећа, с посебним акцентом на мала и средња предузећа.  Дефинисањем пројектног модела организационе структуре, првенствено сегмента који се односи на начин успјешног пословања предузећа, као и његове перформансе, одређује се и прагматични допринос овог рада уз препоруке за даља истаживања.
ОГРАНИЧЕЊА И МОГУЋНОСТИ РАЗВОЈА ДУЖНИЧКИХ ИНСТРУМЕНАТА У РЕПУБЛИЦИ СРПСКОЈ – ОБВЕЗНИЦА КАО АЛТЕРНАТИВА КРЕДИТУ
Authors: Стевановић Саша , Грујић Милош
Published: November 2017

Један од могућих начина прибављања финансијских средстава из вањских извора је и издавање обвезница. Ради се о привидном кредитном односу између емитента и купца обвезнице. Када се ставе у однос промет свих обвезница и укупан промет на Бањалучкој берзи, види се да обвезнице чине све важнији финансијски инструмент на домаћем финансијском тржишту. Такође, у поређењу са ризиком улагања у акције, обвезнице су мање ризичне. Према томе, очекивано је да ће још расти интерес за овакав вид улагања и прикупљања средстава. Осим тога, банке као емитенти обвезница на овај начин могу да обезбиједе дугорочне изворе средстава за за различите пласмане . Емитовањем обвезница у наредном периоду пружиће се додатни импулс за раст домаћег тржишта капитала.
ECONOMICS OF THEFT
Authors: Mahmutefendić Tahir
Published: November 2017

‘Economics of Theft’ analyses theft asan economic and social activity. The article challengesconventional attitude to theft as repulsive activitywhich causes moral indignation. Theft is analysedthrough two criteria which economists usually usewhen judging any economic activity; efficiency andequity. In addition to these two criteria a third one isintroduced, namely the optimal level of theft. In a vastmajority of cases theft redistributes income from betteroff to worse off; therefore, theft passes the test ofequity. Also, at lower levels a thief’s utility exceeds thedamage which a victim of theft suffers. As levels oftheft increase, marginal utility to a thief falls andmarginal damage to a victim of theft increases.Optimal level of theft is achieved when marginal utilityto a thief equals marginal damage to a victim of theft.Economists do not feel any moral indignation to theftsince it passes the test of equity. What concernseconomists is the fact that theft is unproductive activitywhich does not create any new value. Theft, therefore,does not pass the test of efficiency. The articleanalyses and compares theft with several economicactivities which do not create any material, intellectualor spiritual value and which pass neither the efficiencynor the equity test. Those activities might cause moralindignation but are perfectly legal. Economists canjustify theft until optimal level is reached, i.e. when thethief’s utility is equal to the damage suffered by avictim of theft. Laws, however, punish every theft evenwhen it is socially just. Apparently, there is a frictionbetween the economic theory and the legal system.Something must be wrong either with the economictheory or with the law. Or maybe both of them arewrong. A possible explanation might be found inMontesque’s statement that the legal system is anetwork through which big fish pass and small fish arecaught.
AN INVESTIGATION OF THE RELATIONSHIP BETWEEN CHANGES OF BALANCE SHEET ITEMS AND STOCK FUTURE OUTPUT: IRANIAN VIEW
Authors: Salehi Mahdi , Seifzadeh Maryam
Published: November 2017

The present study investigatesanalytically the relation between changes of balancesheet items and stock future output of listed companiesin Tehran Stock Exchange. Since, one of theseinformative sources which are available for investorsand creditors and financial analysts are fiscal lists ofcompanies and in principle one of the main instrumentas final output of accounting process and financialreporting, so the research aims to predict the stockoutput changes by investigating the balance sheetitems.Along with the subject, six hypotheses arepostulated and the kind of research method iscorrelation during 2005-2010. The results show thatchanges of fixed assets and also shareholdersemolument have influence on the future exchangeoutput. Nevertheless, the determination coefficients inthe following model were low. This reveals thatindependent coefficient in the model have a weakrelation with the future exchange output.Consequently, there is a meaningful relationshipbetween balance sheet and listed companies in TehranStock Exchange.
DESTINATION BRANDING AIMED AT INTERNATIONAL AFFIRMATION OF TOURISTIC POTENTIALS OF BiH
Authors: Rakita Branko , Šipragić Miloš
Published: November 2017

The aim of the paper is to explain howapplication of marketing and branding principlescontributes to effective management of destinationsunder conditions of globalization. The paperemphasizes the importance of understanding oftourists’ behavior model, with special focus onimportance of destination image in process of decisionmaking on destination choice. Case of the city ofRovinj was presented as good practice example indevelopment of destination brand. In order to get theanswer to the question where BiH is located incomparison to other countries of the Western Balkansin regard to the most important tourism indicators,findings of relevant research of the World TourismOrganization and the World Economic Forum werepresented. In the last part of the paper, some of theshortcomings that usually arise in the process ofdestination management in BiH were presented, withrecommendations how they can be overcome inaccordance with the principles of destinationmarketing and branding, in order to better utilizetourism potentials in BiH.
OPTIMAL LEVEL OF FOREIGN RESERVES – EXAMPLE OF BOSNIA AND HERZEGOVINA
Authors: Šoja Tijana
Published: November 2017

The paper points to the conceptualdefinition of foreign exchange reserves, the role,importance and objectives for holding foreignexchange reserves as well as evaluating the requiredamount of foreign exchange reserves, or adequacy offoreign exchange reserves. Foreign exchangereserves are important assets in each country andthey are significantly affected by monetary policy,exchange rate policy or regulation and externalinstability and the impact of the crisis that may comefrom the environment. This paper presents a simpleway of estimates of adequacy and optimality offoreign exchange reserves, which are basis for theanalysis of foreign exchange reserves, as well as inthe construction of statistical and mathematicalmodels that detail the optimal level of internationalreserves. Special review was paid to the assessmentof the adequacy of foreign exchange reserves ofBosnia and Herzegovina, and the Central Bank ofBosnia and Herzegovina.
STATE INTERVENTION AND MACROECONOMIC MANAGEMENT
Authors: Vladušić Ljubiša , Ristić Kristijan
Published: November 2017

The monetarists are opponents of government intervention and supporters of free market processes.  Keynesians are, conversely, supporters and advocates of government intervention and opponents of uncontrolled operation of the market mechanism. As opponents of government intervention, the monetarists do not agree that it should take countercyclical fiscal policy which can cause greater increase in expenditures of the public sector during the recession, but spending cuts in the period of expansion and that, consequently, the public expenditures continue to increase. However, Tobin, indicating a negative attitude, claims that inflation cannot be used as a reason to reduce the budget, if fiscal policy has little or no effect on income. Undesirability of countercyclical fiscal policy is a logical consequence of the monetarist views on the stability of the sector and better performance of the free market of government intervention in social reproduction. Rule on a constant rate of monetary expansion eliminates the need for conducting discretionary policy, as the Phillips curve, previously defined, does not allow an optimal combination of inflation and unemployment. Therefore, the use of money (and interest rates and bank loans), as the goal of monetary policy provides economic policy makers to focus on managing variability (i.e. concentrate to money supply), which is beyond the scope of operation of the market, on the one hand, and to let determining the interest rates of bank loans and the free market, on the other hand. Finally, monetarists are extremely concerned about the multiple connections between inflation and expansion of the public sector, for three reasons: first, inflation increases the share of the public sector (and exacts an increase in public expenditure), if a progressive tax system is functioning; second, combating inflation can only indirectly limit the expenditure of the public sector, as the government expenditures partly increase by inflationary financing; and third, financing the budget deficit with the primary issues typically involves inflationary effect, which, if it continues, initiates the process prices and wages control.  The paper is based on theoretical analysis of the impact of state intervention in the sphere of stimulating economic recovery, growth and development.
RESEARCH OF EMPLOYEE MOTIVATION IN THE SPA TOURIST CENTERS IN SERBIA
Authors: Perić Goran , Gašić Marko , Ivanović Vladan
Published: November 2017

The success of business companies whose business is tourism largely depends on the human resources or employees. It is therefore essential that employees in spa tourism (hotels, wellness and spa centers, rehabilitation centers) are motivated and thus be able to provide high quality service and achieve the required level of customer satisfaction services. The paper presents new findings in motivating employees, which may be used by other companies to motivate their employees and achieve commitment, productivity and retention of quality staff. The aim of this research is to determine on which motivational indicator employees in spa centers are the most and the least consistent as well as the relation between characteristics of the subjects on the highest and lowest consent. By applying the method of field research, a research has been carried out in spa tourist centers in Serbia in the period from September 2013 until mid-April 2014, on a sample of 202 respondents in various organizations. Based on collected data, we analyzed and presented results. The results show that the motivation of the employees is not satisfactory and that the financial factor is the key in motivating employees, because of the low standard of living. The influence of examinees characteristics on observed indicators of motivation was also noticed. Limitations of the research cannot be ignored, however, results may be important for understanding the contribution of employee motivation in the business, both for scientific and expert public, and for organizations whose main activity is spa tourism.
CONVERGENCE TO PROCESS ORGANIZATION BY MODEL OF PROCESS MATURITY
Authors: Piuković Babičković Blaženka , Vojinović Željko
Published: November 2017

With modern business process orientation binds primarily, process of thinking and process organizational structure. Although the business processes are increasingly a matter of writing and speaking, it is a major problem among the business world, especially in countries in transition, where it has been found that there is a lack of understanding of the concept of business process management. The aim of this paper is to give a specific contribution to overcoming the identified problem, by pointing out the significance of the concept of business process management, as well as the representation of the model for review of process maturity and tools that are recommended for use in process management
HAVE IMPORTED PRODUCER SERVICES IMPROVED MANUFACTURING IN SHANGHAI?
Authors: Yang Ling , Hou Jack W.
Published: November 2017

Imported producer services play a vital role in the continued development of the industrialized economies. Countries like the U.S., UK, Japan, Germany, etc., utilize imported scientific research to help domestic manufacturing. Most developing nations are in the early stages of adopting this strategy, China is no exception. Among the four mega metropolitans (Beijing, Shanghai, Tianjin and Chongqing) in China, Shanghai is the most advanced in the area of producer services; however, still lacking significantly behind Hong Kong and Singapore. The objective of this study is to examine whether imported producer services have been able to improve the manufacturing in Shanghai. We employ the input-output method to measure the effects of imported producer services on Shanghai manufacturing. Our findings are disappointing. Though Shanghai’s imported producer services continue to rise, the high-end knowledge-based producer services are severely lacking; and, to make matters worse, the trend is downwards and thus the gap with its advanced neighboring economies is ever widening. If Shanghai is to achieve the lofty goal of becoming an international financial service hub, there remains much work to be done. The Shanghai government, indeed the Chinese government, needs to take more conservative actions towards achieving this objective rather than just to pay lip service.
THE RESEARCH OF CONSUMER SATISFACTION, CASE: MONTENEGRO STARS HOTEL GROUP (MONTENEGRO)
Authors: Blagojević - Popović Olivera
Published: November 2017

The purpose of this paper is to gain the insight into consumers' satisfaction and the measures undertaken by hotel management of the prestigious Montenegrin Company, Montenegro Stars, in order to improve the quality of customer relationships. The special focus is to emphasize the significance and causality of marketing research of consumer satisfaction in marketing decision-making process in the hotel industry in Montenegro. Approach- The basic principle of successful business involves an adequate marketing response to the increasingly sophisticated demands of the "new consumer", who more or less fits into the framework of a consumer society. It is possible to anticipate consumers and their needs by knowing them, and thus gain a strategic and competitive advantage in the market. Findings- The current international market situation is still influenced by the negative effects of the economic crisis. In this situation, most hotels in Montenegro find it difficult to achieve defined business goals. The answers should be sought primarily in the consumer, who is the center of all marketing activities, and therefore the marketing research. The subject and scope of this research define the methodology of the scientific research paper. The primary research is consisted of the test method, and the questionnaire is used as the instrument of research. It is expected that this research will initiate further research in this very actual and under-researched area, which "paves a new path" for contribution to science and to further interest in  marketing research and tourism in general.
BUSINESS INTERNATIONALIZATION - CONDITIO SINE QUA NON OF ENTREPRENEURIAL VENTURE SUCCESS
Authors: Bobera Dušan , Leković Bojan
Published: November 2017

The incentive for launching an entrepreneurial venture determines also the entrepreneur’s striving towards the growth of the venture, development of innovation or business internationalization. Assessment and understanding of outcomes of the launched entrepreneurial venture is possible if one have insight into both endeavor and motivation of an entrepreneur towards expressed entrepreneurial initiative. Entrepreneurs as holders of the entrepreneurial process based on recognition and profitable exploitation of identified opportunities, often find possibilities of venture growth outside the borders of their country. Internationalization of business is available to new established entrepreneurial ventures. Using available technologies, innovative products/services and available market, they find potential for entrepreneurial venture growth outside the framework of national economies. Therefore, the subject of this paper is analysis of the impact of the business internationalization on entrepreneurial venture, observing it towards maturity stage of entrepreneurial ventures. The aim of this paper is to determine relationship between business internationalization and maturity of entrepreneurial venture. For the purpose of analysis of interaction between the observed variables, database of Global Entrepreneurship Monitor has been used. For statistical analysis Spearman's correlation coefficient has been used. The results of statistical analysis confirmed a positive correlation between the level of business internationalization and maturity of the entrepreneurial venture. Also, a positive correlation has been confirmed between the level of education and business internationalization. Within this relationship, higher degree of entrepreneurial education simultaneously means a higher degree of business internationalization
PROFITABILITY OF BANKS IN BOSNIA AND HERZEGOVINA: PANEL ANALYSIS
Authors: Paunović Slađana , Popović Borka , Kovačević Dajana
Published: November 2017

This paper examines the factors that determine the profitability of the banking sector in Bosnia and Herzegovina, measured by return on assets and net interest margin in the period 2008-2014. As the independent variables we used internal variables specific to the operations of banks, as well as external variables that represent the most important macroeconomic indicators. The analysis showed that the most significant impact of internal variables includes: cost-assets ratio of permanent and total assets, and the scope of the bank. When it comes to macroeconomic variables, inflation shows a significant effect on the movement of profitability of the banking sector in Bosnia and Herzegovina.
APPLICATION OF THE MODERN PORTFOLIO THEORY IN DIVERSIFICATION OF THE DEBT SECURITIES PORTFOLIO IN EMERGING MARKETS
Authors: Grujić Miloš
Published: November 2017

The term "portfolio analysis", introduced in the economic theory by Harry Markowitz, is not a new term in scientific literature. However, analysis and criticism in the papers of local and foreign authors are mainly based on the examples of developed capital markets. There are very few cases of application of the portfolio analysis in the domestic capital market. The focus of this paper is on implementation of diversification of the bonds on the Banja Luka Stock Exchange. Using Markowitz's portfolio selection, we will prove that diversification, including all limitations, is possible and applicable onto the domestic bonds in the capital market.
Book Review - ECONOMIC POLICY - REGIONAL ASPECTS
Authors: Luburić Radoica
Published: November 2017

Title: ECONOMIC POLICY - REGIONAL ASPECTSAuthors: Bojan Dimitrijević, Nikola Fabris, Ljubiša Vladušić, Milivoje Radović and Maja JandrićPublisher: Publishing Center of Faculty of Economics Belgrade and  Publishing Center of Faculty of Economics PaleYear: 2016Number of Page: 596