1,721,041 research outputs found

    The Profitability of Banking Sector in Republic of Macedonia

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    The banking sector has a dominant role in the process of mediating and dispersing the finances of the economical subject with suffice towards the ones with a deficit. Although it is well known fact that the banking sector plays the major role in the enhancing and developing of a country’s economy, it is evident that this sector is under big influence of the changes within the financial environment-regarding the situation of the capital market on a global scale. If the banking sector functions efficiently, give loans to support the enterprises, it leads to bigger consumption-meaning that for the population of the country the banking sector is highly valued and trusted. The paper examines the structure and the profitability of the banking sector in Republic of Macedonia comparing with the banking sectors of some countries in the region

    Effects of Implementation of the Strategic Financial Planning for SMEs in Republic of Macedonia

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    SMEs are experiencing problems related to lack of funds in the current operations, which directly affects the power of companies to pay their obligations within the designated period of time. The reason for this situation arises as a result of the absence of financial management in SMEs which directly affects the failure of these companies. The purpose of this paper is to analyze the role of financial management and to identify the challenges of strategic financial planning for the survival and development of SMEs. This paper is expected to make a significant contribution to the existing literature by analyzing the challenges and effects of strategic financial planning in Macedonian SMEs and the impact of the implementation of this concept on the performance of SMEs. Additionally, the paper could cause academic interest in future development research
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