Economic and Business Review (EBR)
Not a member yet
362 research outputs found
Sort by
Vpliv sistemov za obvladovanje tveganj in strateške usmeritve na uspešnost poslovanja
No full textIn this study, we analyse the relationships between risk management systems, corporate strategy, and corporate performance that have not been explored in the existing literature. We investigate whether different types of strategic alignments (defenders, analysts, researchers, and responders) are associated with different levels of sophistication of risk management systems and what the direct and indirect relationship is between them and firm performance. The hypothesised relationships are tested through a regression analysis of the data collected using a questionnaire. The results confirm that there is a direct relationship between strategic orientation and corporate performance, and between the sophistication of risk management systems and the non-financial aspect of corporate performance. The results do not support a mediating effect of the maturity level of risk management systems on the relationship between the type of strategic orientation and corporate performance. This implies that the sophistication of risk management systems and strategic orientation act as independent variables, each influencing firm performance
Are Middle Managers’ Cost Decisions Sticky? Evidence from the Field
No full textAnderson, Banker, and Janakiraman (2003) show that costs are “sticky” (i.e., costs change relatively less when sales decrease than when sales increase) because managers are reluctant to cut resources when sales decrease. We predict that cost behavior at the middle management level is sticky also when the magnitude of sales increase is sufficiently large, considering that middle managers have more limited ability in adding resources and are more risk averse. Using a survey instrument and interviews, we find evidence that middle managers’ cost decisions are sticky at both ends. Our findings are supported by empirical evidence based on segment-level data
Za kaj si prizadevajo neprofitni športni klubi?
No full textThis paper addresses the issue of performance measurement of nonprofit sports clubs and shows what else should be considered in addition to financial and athletic performance in defining the performance of nonprofit sports organisations. The results of a factor analysis of the importance ratings of 15 different club goals in the basketball context, conducted on a sample of 73 clubs from four countries in Southeastern Europe, show that a distinction can be made between two basic strategic orientations of sports clubs, namely a financial-competitive orientation and a non-financial-recreational orientation. These two orientations are at the same time two aspects of the performance of non-profit sports clubs that can be helpful for the management of these organisations in formulating their missions and defining a hierarchy of strategic objectives
Pametni trg kot alternativa internetni nenevtralnosti
No full textDespite the general impression that the Internet and Internet access are already high-quality services, we still cannot use some services, such as video conferencing, satisfactorily - something almost always goes wrong. It is important for modern society that the Internet evolves as a data network to make it accessible to all, and that its services evolve. Financing development is important, and there are some alternative approaches to the current situation, which is still largely characterised by Internet neutrality, but which is under attack by advocates of discriminating against users or charging for traffic depending on who the user is and what they do. In this paper, we present an alternative approach to data charging that takes into account the negative externalities of traffic saturation and would lead to more appropriate funding for network expansion
A Dynamic Model for Investigating Consumer Utility Derived from Status Goods
No full textThe purpose of this paper is to present a model that expresses the dynamics of the consumption of status goods from the perspective of consumer utility. The core of the model is how the level and the change of the prestige value of status goods affect the consumer’s utility level over time. The model takes into consideration that individuals are often impatient to achieve a higher social position and that the prestige value of status goods changes during their diffusion. The model can be applied to forecast or monitor a proposed or an already realised purchase of status goods
Levelling the Playing Field: The Effects of Slovenia’s 2013 Labour Market Reform
No full textThe paper examines the effects of the 2013 labour market reform in Slovenia which made permanent contracts less restrictive and fixed-term contracts more restrictive. Using matched employer-employee data, the differences in the outcomes for workers employed under permanent vs. fixed-term contracts before and after the legislative change are compared. The results show that the reform was successful in both reducing labour market segmentation and improving access to jobs for vulnerable groups: (i) it increased the probability of accessing permanent jobs via transitions from both fixed-term jobs and unemployment, and (ii) it improved the accessibility of permanent jobs for both young and older workers
Sistem pospeševanja rasti inovativnih podjetij v zagonskih pospeševalnikih v manj razvitem podpornem okolju
No full textStartup accelerators are a relatively recent phenomenon. Accelerators systematically help startups with high growth potential remove barriers to that growth. Accelerators select the startups with the highest growth potential and systematically and actively remove their obstacles: Lack of money, lack of knowledge, lack of personnel, or lack of connections to potential key stakeholders. The motivational role of accelerators is also important, as they often awaken the ambition of startups and present them with the possibility of accelerated growth as one of their key competitive advantages. However, to perform these support functions in the long term, accelerators in countries with less developed support environments need to develop different, more vertically integrated operating models that differ significantly from the business models of accelerators in developed countries
Jesenski izpitni rok za gospodarstvenike
No full textThere are not that few examples of public debates triggered by issues that resemble ordinary university examination questions. Nevertheless, discussants quickly forget that these questions also have scholastic answers that are often not straightforward. There may be few such cases in physics, but there are quite a few in medicine, and they are common in business. For example, in recent months there has been discussion about whether the revival of economic growth will lead to higher wages. It would be strange if the readers of this dossier did not have their opinions on this question. But what would the scholastic answer be? I, too, call on readers to take the test. If you fully understood the answer and know where the critical points are, we will probably know each other. If you just had the will to read the test, you are good for friendly discussions about the economic situation in Slovenia. However, if you were not able to read the text, at least read the summary at the end, forget about macroeconomics and do something else. So let us look at what\u27s on the exam sheet
Bančništvo odnosov v luči razvoja informacijske tehnologije
No full textBanks face the urgent challenge of how to maintain a competitive advantage in the face of advances in information technology (IT) and competitive pressures from fintech companies. In this article, I argue that banks should not neglect so-called relationship banking, i.e., building close relationships with their customers. The development of IT enables cost savings and economies of scale and exposes banks to strong competitive pressure from banks and non-banks. Banks must adapt to the new challenges