Banks in Bosnia and Herzegovina are exposed to credit risk the most, since loans make up the largest part of the total banking assets. The need to improve the decision-making process in credit business in banks in Bosnia and Herzegovina is confirmed by a rapid trend of participation of...

Although data mining has been successfully implemented in the business world for some time now, its use in higher education is still relatively new, i.e. its use is intended for identification and extraction of new and potentially valuable knowledge from the data. Using data mining the aim was...

The Sharpe-Lintner Capital Asset Pricing Model (CAPM) implies a simple linear equation for pricing risky financial assets, individually and in portfolios. CAPM finds that the relevant risk measure of individual financial assets held as a portion of a well-diversified portfolio is not a variance...

This article tests the hypothesis that entrepreneurs' confidence in innovation has a positive effect on their innovativeness. The sample is 550 owner managers sampled from the population of owner managers in Iran in 2010, surveyed in the Global Entrepreneurship Monitor, GEM. An organizational...

There is no widely accepted definition or methods for measuring globalization and it is one of the most debatable phenomena in recent human history. The focus of this paper is, therefore, on globalization and methods of its measurement. The issue of measuring globalization inevitably involves...

The problem frequently faced by companies from transition and developing countries in attraction of Foreign Direct Investments (FDI) is lack of an adequate institutional framework which would adequately promote the potential those companies have through its activities, and with that also...

Modern strategic techniques have been increasingly applied in recent years, both in manufacture and retail, individually or concurrently. The main goal of their application in the retail business is continuous improvement, in particular by reducing costs of competitiveness and (business and...

This paper examines the outsourcing of research and development and of innovation activities in small and medium-sized companies (SMEs). As the results of these activities enable companies to achieve and sustain competitive advantage, it is crucial to manage them properly. As SMEs generally lack...

All investments and asset classes have different levels of risks and expected returns. For example, low risk investments such as cash generally provide a lower return than high risk investments over the long term, but are unlikely to lead to a capital loss. High risk investments generally offer...

Foreign direct investment (FDI) plays a pivotal role in economic development. Most important advantages of this are new technology, management ability, marketing ability and modern know-how. However, the literature dealing specifically with the issue of German direct investments in Turkey is...