In this paper the authors examine determinants of NPL ratio using a cross-county analysis from sample 25 emerging countries. Using panel data approach, are analysed for period 2000 to 2011. The main aim is draw relevant econometric model, demonstrate impact independent variables on dependent variable by static and dynamic model estimation techniques. results show that NPLs rate can be mainly explained crucial macroeconomic factors, such as GDP inflation rate, bank-specific ROA, CAP lagged rate.

The aim of this study is to examine the impact key competitiveness factors on sustainable business performance in hospitality sector through application an integrated approach, from perspective hotel service users. research was conducted a sample 1640 guests who stayed hotels operating Republic Serbia, Croatia, and Slovenia. Utilizing structural equation modeling (SEM) framework, meticulously analyzed various factors: quality, service, recovery, user satisfaction, loyalty discretionary...

Purpose The paper examines the role and significance of gastronomic manifestations in context destination branding, within framework image transfer mechanisms Associative Network Memory Model. Design/methodology/approach research was conducted on a sample 53 events tourist Vojvodina. Findings results indicate that has positive impact brand identity destination, as well destination's overall image. Furthermore, study found food experience influence destination. Originality/value contributes...

This paper examines the impact of ten microeconomic factors on hotel business success. research encompassed a sample 115 small, family-operated hotels situated in rural regions Western Balkan countries (WBC). was based assumption that such as size hotel, age, solvency, liquidity, labour productivity, capital CSR, and reduction CO2 emissions exhibit positive influence success, whereas leverage, indebtedness, energy consumption have negative effect success hotels. The findings revealed from...

The new hybrid value at risk approach based on the extreme theory* 1 El nuevo enfoque híbrido de basado

The research within this paper is motivated by the opinion that different organizational factors in primary education can have a stronger or weaker impact on quality of learning outcome. Organizational factors, criteria analyzed paper, are school management, infrastructure, students’ foreknowledge, teacher competencies, curriculum content, student motivation, and teaching process. Using SWARA (Step-wise Weight Assessment Ratio Analysis) method multi-criteria decision-making, answers...

The paper dealt with the existence of causality in Granger’s sense between competitiveness and market share, vice versa, on emerging markets so as to answer question whether it is possible forecast movement share an enterprise based data about that enterprise. research study was carried out 96 textile companies from Serbia, Montenegro, Bosnia Herzegovina. results have shown relationship generally weak many industrial sectors nonexistent. In other words, reveal selected depends branch industry.

This case study examines the applicability of a wide range value-at-risk (VaR) models in emerging markets, using South Eastern European countries as examples. The aim paper is to get answers two questions. first question whether VaR that are created and suited developed markets can be used reliably such countries. second modifications improve their these markets. results show most popular widely not well measuring market risk countries, it necessary use appropriate model for

Although there are many papers that examine the impact of intellectual capital on performance financial institutions, almost no deal with developing markets. According to author's knowledge, one in Serbia has studied effects IC institutions operating sector. This sector is extremely important for Serbian economy since it leading which modern information technologies most exploited and competitiveness pursued by attracting new clients, offering innovative solutions services. Hence, aim this...

The paper examines factors that influence the occurrence and movement of nonperforming agricultural loans in Serbia, Montenegro Bosnia Herzegovina. aim is to determine direction significance relationship between key micro macroeconomic impractical these countries, but also point out importance applying dynamic data panel evaluators when it comes study this problem.

The Baltic Dry Index (BDI) is one of the most well-known indices, as it perceived a leading indicator economic activity. Reductions in movement people, commodities, and capital conditions crises, such 2008 2009, well current crisis generated by COVID-19 pandemic, were affected reduction activities. It interesting to point out that analysis basic trend BDI movements period before shows index fell near record lows just derivatives credit hit stocks full force. This clear signal can be used...

The Journal of the National Science Foundation Sri Lanka publishes results research in all aspects and Technology. journal also has a website at http://www.nsf.gov.lk/. 2021 Impact Factor: 0.682The JNSF provides immediate open access to its content on principle that making freely available public supports greater global exchange knowledge.

Analysis of the applicability Hull and White (FHS) model on Baltic equities market has not been subject significant research, especially in context meeting Basel Committee backtesting rules. The paper discusses different variants this model, order to answer question whether any (and which them) can be used these markets II III standards. survey results show that 1) there isn’t an optimal variant but risk managers have keep mind stylized facts financial returns when they specify FHS model; 2)...

In this paper, the authors present a new value-at-risk (VaR) model for estimation of market risk in banks and other financial institutions. The is labeled historical bootstrap VaR model, since it shares same theoretical basis as simulation (HS) approaches. This paper aims to answer question whether incorporating method into HS contributes improving applicability approach terms meeting backtesting rules Basel Accord. order obtain an question, we test compare performances HS500 autoregressive...

Considering both the limitations of traditional models value-at-risk and expected shortfall (ES) for risk estimation in context Basel standards possibilities applying neural network purposes, our paper presents a new ES model or, more specifically, an ES-extreme-value-theory (ESEVT) improvement, as it is combination standard multilayer perceptronmodel based on EVT. This exploits advantages approaches estimating financial risk. The was tested 15 example indexes emerging European capital...

The paper is to identify the triggering events in evolution of Arandjelovac and Topola as tourist destinations by applying horizontal visibility graphs method. Simultaneously, there a focus on assessing destination's competitiveness through lens social exchange theory. It emphasizes need for sustainable development across economic, ecological, socio-cultural, political dimensions. study findings indicate that pivotal destination play significant role, alongside economic growth region,...

The purpose of this paper is to examine the influence most significant organizational factors on primary school achievements, with a note that achievement expressed through quality outcome knowledge. research was conducted sample 460 employees, from 21 schools, which 439 are professionals and principals in South Bačka County, Republic Serbia. collected data were processed using Gretl software AMOS for modelling structural equations. More precisely, based application exploratory confirmatory...

Purpose -The purpose of the study is to investigate role guest loyalty in relationship between satisfaction with service recovery (SSR) and consumer citizenship behavior (CCB), as well dysfunctional customer (DCB) hotel guests. Methodology was conducted on a sample 1,324 guests from hotels operating Republic Serbia, Croatia, Slovenia mountain tourism. The obtained data were analyzed using an SEM approach. Findings -Loyalty has mediating SSR CCB. On other hand, does not have DCB during their...

A change of the school principal's role was marked as one most important catalysts in reforming Finnish educational system, world leader terms learning results and students' achievements.Two factors have influenced schools Finland: 1) rapid economic growth generated by technological innovation; 2) process municipalization.

The purpose of this paper is to investigate the performance unconditional and conditional Value at Risk (VaR) Expected Shortfall (ES) models based on EVT. application one VaR ES model EVT three variants in capital markets selected WBC was tested paper. To test model, a cover used, with note that their results were subject verification using Monte Carlo procedure. obtained suggests these can be successfully used quantify extreme market risk markets, context Basel standards. have been ranked...