PreliminaryConferenceProgram

General Information

Conference Venue

School of Economics and BusinessTrg oslobodjenja – Alija Izetbegovic 171000 SarajevoBosnia and Herzegovinawww.efsa.unsa.ba

T: +387 33 275 900F: +387 33 275 994E: efsa@efsa.unsa.ba

Lunch

Lunch is served at the School of Economics andBusiness in the Entrance Hall

Official Language

The official language is English. No simultaneoustranslation will be provided.

Coffee Breaks

Coffee is served in the Entrance Hall.

Conference Information Desk

The Conference Information Desk is open duringconference hours. The staff will be happy to assist youwith all matters concerning the Conference.

Smoking

School of Economics and Business is a non-smokingenvironment.

Registration

The Registration Desk is located in the Entrance Hall atthe School of Economics and Business. The Desk willbe opened for registration:

Friday, October, 12, 08:00 – 15:00Saturday, October 13, 08:00 – 12:00

Internet Access

Computers with a broadband connection to theInternet will be available for the conferenceparticipants during conference hours at the School ofEconomics and Business, Entrance Hall, from Friday,October 12, 08:00 to Saturday, October 13, 17:00.Participants who bring their own Wi-Fi-enabledcomputer will have unlimited access to the wirelessnetwork inside the School. The access is free ofcharge.

Conference Papers on USB

An USB with all papers is included in the conferencebag.

AV-Equipment

Standard AV-equipment, including overhead-projectors and PCs are available in all rooms.Conference Assistants will assist with uploading ofpresentations etc.

Conference Bag and Name Tag

Upon registration all participants receive a conferencebag and a name tag. Conference participants andexhibitors are kindly asked to wear their name tagsduring all conference events.

Tourist information

The main tourist information centre in Sarajevo regionis located in the City centre not far from the School ofEconomics and Business (T: 033 220 721; F: 033 553520; www.sarajevo-tourism.com).

Conference Program Overview

Friday, October 12, 2012

08:00 – 09:00 Registration

09:00 – 09:15 Opening CeremonyWelcome Speech

09:15 – 10:45 Plenary SessionKeynote Speakers

John W. Cadogan, Loughborough UniversityMilford Bateman, Consultant on local economic development policyEmir Hrnjic, NUS Business School, National University of Singapore

11:00 – 12:30 Celebration Academy of 60th Anniversary of the School ofEconomics and Business in Sarajevo

12:45 – 13:30 Lunch

13:30 – 15:00 Parallel Sessions

15:00 – 15:30 Coffee Break

15:30 – 17:00 Parallel Sessions

20:00 – 23:00 Gala Dinner

Celebration of 60th Anniversary of the School ofEconomics and Business in Sarajevo

Saturday, October 13, 2012

09:30 – 11:30 Parallel Sessions

11:30 – 12:00 Coffee Break

12:00 – 13:30 Parallel Sessions

13:30 – 14:00 Closing Session

Vice Dean Emina Resic, School of Economics and Business

14:00 – 15:00 Lunch

FridayOctober 12, 2012

Friday, October 12, 2012

SESSION I: 13:30 – 15:00

INTERNATIONAL ECONOMICS

Room: E-netChair: Sabina Silajdzic

Muamer HalilbasicTRADE ADVANTAGES AND SPECIALIZATION DYNAMICS OF SEE COUNTRIES

Azra Hadziahmetovic, Aida ZaimovicTHE BALANCE OF INFLUENCE AND FUTURE OF ECONOMIC SUPREMACY

Sabina Silajdzic, Eldin MehicHOW IMPORTANT ARE INSTITUTIONS IN PROMOTING FOREIGN DIRECT INVESTMENTSIN TRANSITION ECONOMIES?: EVIDENCE FROM SOUTHEAST EUROPEAN ECONOMIES

Goran ButuracBEYOND THE GLOBAL RECESSION: MUTUAL TRADE AND ECONOMIC CONVERGENCE OFSEE COUNTRIES

Hrvoje Josic, Mislav JosicNON-INTEREST CURRENT ACCOUNT SUSTAINABILITY IN TRANSITION COUNTRIES

Zlatko Lagumdzija, Jasmina Selimovic, Mirza Krso, Emir KurticFACTORS OF COUNTRY’S COMPETITIVENESS WITH SPECIAL REFLECTION ON BOSNIAAND HERZEGOVINA

DEVELOPMENT ISSUES

Room: MITChair: Adnan Efendic

Flavius Rovinaru, Mihaela Rovinaru, Larisa Nicoleta PopCOMMODITY PRICE VOLATILITY IN THE MIDST AND BEYOND THE ECONOMIC CRISIS –IMPLICATIONS FOR ROMANIA

Stefan Bojnec, Ladislav Kabat

INCOMES AND INEQUALITIES: GAINERS AND LOSSERS

Slavica Barbic, Mirna Leko Simic, Natasa SarlijaLOCAL AND REGIONAL GOVERNMENT SUPPORT TO THE NONPROFIT SECTOR INCROATIA

Davor Mikulic, Zeljko Lovrincevic, Andrea Galic-NagyszombatyREGIONAL CONVERGENCE IN CROATIA

Rabija Somun-Kapetanovic, Emina Resic, Adela DelalicCLASSIFICATION OF HOUSEHOLDS IN BOSNIA AND HERZEGOVINA ACCORDING TO MAINPOVERTY FACTORS

Ensar SehicSTATISTICAL ESTIMATION: INTRODUCTION TO DEALING WITH COVERAGE ERRORS

Katarina Marošević, Katarina Arnold BratićLIFELONG LEARNING IN TERMS OF UNEMPLOYMENT REDUCTION: CROATIANEXPERIENCE

Adnan Efendic, Sabina Silajdzic, Viktorija AtanasovskaETHNIC TENSIONS, INSTITUTIONAL AND ECONOMIC PERFORMANCE IN BOSNIA ANDHERZEGOVINA: WHAT ARE(NOT) THE CAUSAL LINKS?

BUSINESS ADMINISTRATION AND BUSINESS ECONOMICS

Room: 2Chair: Vesna Zabkar

Vesna Zabkar, Damijan Mumel, Nina HocevarMANAGEMENT INVOLVEMENT, MARKETING COMMUNICATION INTEGRATION ANDBUSINESS PERFORMANCE IN COMPANIES IN A NEW EU COUNTRY

Selma Kadic-Maglajlic, Jasmina DlacicFACTORS INFLUENCING WINE CONSUMPTION OF GENERATION Y

Merima Cinjarevic, Adi AlicTO SEEK A STATUS OR TO MAKE A CALL: INTERPLAY OF MATERIALISM, REFERENCEGROUP INFLUENCES AND STATUS CONSUMPTION

Almir PestekWOMEN ENTREPRENEURSHIP IN BOSNIA AND HERZEGOVINA

Anto Domazet, Adi AlicCONVERGENCE OF HOUSEHOLD EXPENDITURES: SOME EVIDENCE FROM EUROPEANUNION COUNTRIES

Kasim Tatic, Merima CinjarevicFAKE LUXURY: CONSUMER PURCHASE INTENTIONS FOR COUNTERFEIT LUXURYBRANDS

Friday, October 12, 2012

SESSION II: 15:30 – 17:00

FINANCIAL ECONOMICS

Room: E-netChair: Azra Zaimovic

Azra ZaimovicTESTING THE CAPM IN BOSNIA AND HERZEGOVINA - FURTHER EVIDENCE USING LOGRETURNS

Sabina SilajdzicDETERMINANTS OF CAR LEASING DEFAULT AND PREPAYMENT: ASSESSMENT OFRISKS ASSOCIATED WITH AUTOMOBILE FINANCIAL LEASING IN A TRANSITIONECONOMY CONTEXT

Barbara Mörec, Matevz RaskovicSMES’ INVESTMENT DYNAMIC BEFORE AND DURING THE ECONOMIC CRISIS: SOMEEVIDENCE FROM SLOVENIA

Chen-yin KuoAN EMPRICAL STUDY ON CURRENT ACCOUNT, EXCHANGE RATE, STOCK PRICE:FURTHER EVIDENCE FROM EAST ASIAN COUNTRIES

Dean UckarBEHAVIORAL ELEMENTS IN CAPITAL STRUCTURE MANAGEMENT

Sonja Remetic Horvath, Jasmina OkicicTHE EFFECTS OF THE GLOBAL FINANCIAL CRISIS ON CAPITAL MARKETS IN CENTRALAND EASTERN EUROPE

Azra Zaimovic, Almira Arnaut-Berilo

ARE THERE ANY DIVERSIFICATION POSSIBILITIES BETWEEN GERMAN AND BOSNIANSTOCK MARKETS

BUSINESS ADMINISTRATION AND BUSINESS ECONOMICS

Room: MITChair: Vesna Babic-Hodovic

Vesna Babic-Hodovic, Maja Arslanagic, Eldin MehicIMPORTANCE OF INTERNAL MARKETING FOR SERVICE COMPANIES CORPORATEREPUTATION AND CUSTOMER SATISFACTION

Crnkic Kenan, Cizmic Elvir, Sunje AzizKNOWLEDGE MANAGEMENT AND INNOVATION AS DRIVING FORCES BEHINDSUCCESSFUL ENTREPRENEURSHIP

Ivana Bilic, Srecko Goic, Gaia VidovicHOW ISO STANDARD CERTIFICATION AFFECT ORGANIZATIONAL COMMUNICATION?EVIDENCE FROM CROATIA

Sandro Jukovic, Mirjana Pejic Bach, Ksenija Dumicic, Nataša SarlijaSEGMENTATION IN BANKING USING SELF-ORGANIZING MAPS: A CASE STUDY OFBUSINESS CUSTOMERS

Sanvila Vuk, Zijada RahimicEVALUATION THE EFFECTS OF EMPLOYEES EDUCATION IN B&H COMPANIES

Dijana Vukovic, Boris Juric, Iva FochtMARKETING OF THE NEW AND ALETERNATIVE WAYS OF SAVING FOR STUDENTS

Mateja Cop, Diana Plantic Tadic, Mirjana BautovicANALYSIS OF INFLUENCES ON CONSUMERS' ATTITUDES IN THE PROCESS OF HOTELREPOSITIONING: CASE OF "TURIST" HOTEL – VARAŽDIN

ISLAMIC ECONOMICS AND FINANCE

Room: Room 2Chair: Mehmet Asutay

M. Kabir Hassan, Benito Sanchez, Geoffrey Ngene

FINANCIAL LIBERALIZATION AND THE DOMESTIC BANKING PERFORMANCE IN THEGULF AND MIDDLE EASTERN COUNTRIES

Can MehmetRISKS OF THE STOPPING PROFIT EQUALIZATION RESERVES (PERS) IN ISLAMIC BANKS

M. Kabir Hassan, Jose Francisco RubioNON-PARAMETRIC PERFORMANCE MEASUREMENT OF INTERNATIONAL AND ISLAMICMUTUAL FUNDS

Shinsuke NagaokaFINANCIAL CRISIS AND ITS MACROECONOMIC IMPACT TO THE ISLAMIC ECONOMICSYSTEM: A THEORETICAL INQUIRY

Velid Efendic, Fikret Hadzic, Admir MeskovicSTOCK MARKET SCREENING IN BOSNIA AND HERZEGOVINA BASED ON ISLAMICFINANCE PRINCIPLES

SaturdayOctober 13, 2012

Saturday, October 13, 2012

SESSION III: 09:30 – 11:30

BUSINESS ADMINISTRATION AND BUSINESS ECONOMICS

Room: E-netChair: Tea Baldigara

Tea Baldigara, Maja MamulaTOURISM DEMAND MODELLING AND FORECASTING - A CASE STUDY OF CROATIA

Dora Smolcic Jurdana, Daniela Soldic FrletTOURISM DEVELOPMENT OF RURAL AREAS – CUSTOMER PERSPECTIVE

Romina Alkier Radnic, Vedran Milojica, Danijel DrpicECOTOURISM IN FUNCTION OF INCREASING COMPETITIVE ADVANTAGES OF THEREPUBLIC OF CROATIA AS A TOURIST DESTINATION

Márta BakuczFUTURE TRENDS IN SPA-TOURISM DEVELOPMENT – A CASE STUDY FROM THE SOUTHTRANSDANUBIAN REGION OF HUNGARY

Elvedin Grabovica, Amila Pilav-VelicWHAT KIND OF INTERACTION CUSTOMERS EXPECT: A SURVEY CONDUCTED IN B&H

Marija IvanisBUSINESS ETHICS - MORAL RESPONSIBILITY OF THE MODERN COMPANY

Merima Cinjarevic, Amra Rizvic, Lejla Turulja, Hatidza JahicSHOULD I STAY OR SHOULD I GO?!STUDENTS’ ATTITUDES TOWARD STUDY ABROADPROGRAMS

INFORMATION TECHNOLOGY

Room: MITChair: Nijaz Bajgoric

Davor LabasSTRATEGIC EARLY WARNING SYSTEMS AND INFORMATION TECHNOLOGY SUPPORT INCROATIAN FIRMS

Savo Stupar, Elvir SahicAPPLICATION OF EXPERT SYSTEM IN ASSESSING THE LEVEL OF “SPIRITUALITY” OF ANORGANIZATION

Zlatan Sabic, Tarik ZaimovicDELUSION OF QUICK-WINS: ARE THE QUICK WINS AN ASSET OF OBSTACLE FORINFORMATION SYSTEMS IMPLEMENTATION?

Veronica Stefan, Darko SavicDIGITAL CHALLENGES AND SOLUTIONS FOR BUSINESSES AND ADMINISTRATION

Tanja Mihalic, Dimitrios BuhalisICT AS A COMPETITIVE ADVANTAGE FACTOR – CASE OF SMALL TRANSITIONAL HOTELSECTOR

Lejla Turulja, Nijaz BajgoricBEEING PREPARED FOR DISASTER? IMPLEMENTATION OF BUSINESS CONTINUITYPLANNING CONCEPT IN B&H COMPANIES

Ivica Pervan, Marijana BartulovicINTERNET FINANCIAL REPORTING - COMPARATIVE ANALYSIS FOR SELECTED CEECOUNTRIES

MACROECONOMICS AND MONETARY ECONOMICS

Room: 2Chair: Matej Marinc/Irina Smirnov

Josip ViskovicTHE OPTIMUM CURRENCY AREA AND THE CREDIBILITY OF MAASTRICHT CRITERIA

Goran Mirascic, Jasmina SelimovicFISCAL SUSTAINABILITY AS A PRECONDITION FOR MACROECONOMIC STABILITY WITHSPECIAL REFERENCE TO BOSNIA AND HERZEGOVINA

Naida Carsimamovic Vukotic, Irena Jankulov Suljagic, Irina SmirnovTHE WESTERN BALKANS POST-CRISIS POTENTIAL OUTPUT

Zenaida Sabotic, Semir Vehapi, Hilmija RedzicCHALLENGES FOR DIFFERENT MONETARY POLICY MODELS IN THE WESTERN BALKANCOUNTRIES

Matej MarincCOMPETITION POLICY IN A FINANCIAL CRISIS: THE CASE OF EUROPEAN BANKING

Rabija Somun Kapetanovic, Emina Resic, Merima BalavacGROWTH PROSPECTS OF REMMITTANCES IN TRANSITION ECONOMIES

Saturday, October 13, 2012

SESSION IV: 12:00 – 13:30

BUSINESS ADMINISTRATION AND BUSINESS ECONOMICS

Room: E-netChair: Aziz Sunje

Muamer Bezdrob, Aziz SunjeMANAGEMENT INNOVATION – MODEL DESIGN AND TESTING UNDER THE MARKETCONDITIONS OF F B&H

Nidzara Osmanagic Bedenik, Dejana Dojcinovic Drilo, Davor LabasEARLY WARNING SYSTEM – THEORETICAL AND EMPIRICAL ANALYSIS

Nikolina Decman, Ivana SeverLIQUIDITY MANAGEMENT IN SMALL AND MEDIUM-SIZED ENTITIES

Kristina CrnjarCONTRIBUTION OF KNOWLEDGE MANAGEMENT TO THE DEVELOPMENT OF THE HOTELENTERPRISE’S COMPETITIVENESS

Ines Milohnic, Ana-Marija Vrtodusic Hrgovic, Sanda Grudic KvasicEVENT MANAGEMENT FROM THE PERSPECTIVE OF GUEST SATISFACTION

Kenan Ustovic, Zijada RahimicQUALITY AS DIFERENTIATING ELEMENT IN THE B2B MARKET OF BIH

Elvedin Grabovica, Amila Pilav-VelicTHE BIGGEST CHALLENGES OF SUCCESSFUL CRM IMPLEMENTATION: CONCEPTUALFRAMEWORK

Adnan Efendic, Tomasz Mickiewicz, Anna Rebmann, Aziz SunjeIN DIVERSITY WE TRUST -NETWORKS AND BUSINESS ASPIRATIONS IN A POST-CONFLICT ENVIRONMENT

BUSINESS ADMINISTRATION AND BUSINESS ECONOMICS

Room: MITChair: Meliha Basic

Boris Tusek, Ivana PokrovacINDEPENDENCE AS A PRECONDITION OF AN EFFECTIVE INTERNAL AUDIT ACTIVITY

Elif Ozturk, Ugur ErgunTHE ROLE OF EDUCATION AND LEGAL STRUCTURE OF USING IFRS: THE CASE STUDY INBOSNIA AND HERZEGOVINA

Meliha Basic, Benina VeledarIMPACT OF FINANCIAL CRISES ON COMPANY'S FINANCIAL PERFORMANCE IN BOSNIAAND HERZEGOVINA

Dijana Pocrnjic, Marko Miletic, Petar PepurTHE IMPACT OF ACCOUNTING TREATMENT OF OPERATING LEASING ON THETRANSPARENCY OF FINANCIAL STATEMENTS

Munira Sestic, Azra MesihovicECONOMIC CRISIS AND CHALLENGES OF WOMEN'S START-UP BUSINESS: EXAMPLE OFB&H

Savo Stupar, Azra BrankovicUNCERTAINITY AVOIDENCE OF MANAGERS IN BOSNIA AND HERZEGOVINA

Suncica Oberman Peterka, Anamarija Delic“TRIPLE HELIX“ MODEL – WHY IT IS NOT EASY TO IMPLEMENT? CASE OF GROWTH YOURBUSINESS PROGRAMME IN CROATIA

Julia PericACADEMIC SERVICE LEARNING PROGRAM IN THE FUNCTION OF DEVELOPMENT OFENTREPRENEURIAL BEHAVIORS OF COLLEGE STUDENTS

LAW AND ECONOMICS

Room: Room 2Chair: Veljko Trivun

Veljko Trivun, Fatima Mahmutcehajic, Vedad SilajdzicLAW AND THE INTERNET REVOLUTION: THE NEED FOR TRANSFORMATION

Veljko Trivun, Mia MrgudPROTECTION OF MINORITY SHAREHOLDERS IN TRANSITION ECONOMIES: THE LESSONSFOR B&H

Veljko Trivun, Vedad Silajdzic, Fatima Mahmutcehajic, Mia MrgudE-AVAILABILITY OF COMPANY INFORMATION

Veljko Trivun, Kanita Imamovic-CizmicINSTITUTIONAL PRECONDITIONS OF LEGAL PROTECTION OF MARKET COMPETITION INBOSNIA AND HERZEGOVINA