A surge of interest in corporate social responsibility (CSR) lead to studies, addressing its effects on organizational outcomes. While some evidence of positive relationships between CSR and organizational commitment exists, this paper identifies two elements of organizational culture - namely...

The purpose of this paper is to discover and understand factors that lead to small and medium-sized enterprises (SMEs) shutdown in transitional economies, such as the economy of Bosnia and Herzegovina (B&H). The paper provides some findings about main influencing factors that lead to SMEs shut...

Cover -- CONTENTS -- GLOSSARY -- EXECUTIVE SUMMARY -- INTRODUCTION -- OVERVIEW OF PAYMENT, CLEARING, AND SETTLEMENT LANDSCAPE -- A. Description of Landscape -- B. Payment Systems -- C. Central Securities Depositories and Securities Settlement Systems -- D. Regulatory, Supervisory, and Oversight...

Cover -- Contents -- Glossary -- EXECUTIVE SUMMARY -- INTRODUCTION -- OVERVIEW OF THE INSTITUTIONAL SETTING AND MARKET STRUCTURE -- PRECONDITIONS FOR EFFECTIVE BANKING SUPERVISION -- A. Sound and Sustainable Macroeconomic Policies -- B. Well Established Framework for Financial Stability Policy...

Cover -- CONTENTS -- GLOSSARY -- EXECUTIVE SUMMARY -- INTRODUCTION -- INSTITUTIONAL, REGULATORY, AND MARKET STRUCTURE -- A. Institutional Framework and Arrangements -- B. Market Structure -- KEY FINDINGS -- THE FEDERATION OF BOSNIA AND HERZEGOVINA INSTITUTIONAL, REGULATORY, AND MARKET STRUCTURE...

The paper investigates transmission of different foreign and domestic shocks to bank lending activity in Bosnia and Herzegovina through the bank lending channel. The bank lending channel is analyzed in a time series cross sectional data framework for the period 2006q1-2014q1, investigating...

We use a randomised controlled trial (RCT) to analyse the impact of microcredit on poverty reduction in Bosnia and Herzegovina. The study population are loan appli-cants that would normally have just been rejected based on regular screening. We find that access to credit allowed borrowers to...

This paper provides insight in dividend policy of publicly listed companies in Bosnia and Herzegovina and investigates appearance of dividend smoothing behavior. The results show increase in portion of dividend paying companies over time while dividend smoothing phenomenon is virtually...

This study examines consumer attitudes toward products of multinational and domestic companies in the Balkan region. In four ex-Yugoslav countries, various variables (general consumption attitudes, personality traits, and demography) were compared and analyzed as determinants of consumer...