CORPORATE GOVERNANCE IN FAMILY BUSINESSES IN SERBIA PhD Katarina Djulic‚ Faculty of Economics‚ Finance and Administration‚ kdjulic@fefa.edu.rs MSc Tanja Kuzman‚ Faculty of Economics‚ Finance and Administration PhD Katarina Djulic is Assistant Professor at FEFA on subjects of Corporate Finance and Corporate Governance. She also works as Senior Consultant in KPMG Serbia. She worked as an Associate Operations Officer at the International Finance Corporation‚ World Bank Group‚ on the Corporate Governance
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“The Third Bank of the River” is a deep‚ short story written by João Guimarães Rosa. The characters are without names‚ so there is a lot of controversy as to the meaning of the story. It takes place by the Amazon River in Brazil‚ described as “so wide you couldn’t see across it”. From a few clues in the story‚ the use of flashlights and the motor on a boat‚ one can infer that these events most likely would have happened in the late 1800’s. The special circumstance is that the father stays on a boat
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The North-South Divide In a system rooted in competition what happens if one side gains a dominant advantage? Theory dictates that the capital will flow and that production will increase on the side of the disadvantaged‚ but what if the dominant power decides to change the rules and make its dominance more absolute? These are questions fueling the discussion of North-South conflict. Many reasons for these problems existing have been explained‚ and also many different conclusions on ways to remedy
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Who‚ or what‚ was responsible for the failure of the Third crusade? The third crusade was launched in 1189 due to the catastrophic defeat of Crusader forces at the Battle of the Hattin‚ in 1187‚ and the subsequent loss of Jerusalem. The news of this significant setback was‚ according to the chronicler Ernoul‚ so great that‚ Pope Urban died of grief when he heard the news. As a result‚ the newly elected Pope issued a Papal bull called the “Audita Tremendi” and in turn the three most powerful Christian
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Every year thousands of students go overseas to study. Although many benefit from the experience‚ others go home disappointed. What are the benefits and drawbacks of studying in another country? Many students who go overseas to study every year have more experience of studying in another country. Although many benefit from the experience‚ others go home disappointed. Studying abroad has certain advantages such as good education‚ international certificate‚ excited living‚ but it also has disappointed
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What Could Our World Be? What would life be like today if the federal government had absolute control? No freedoms for anyone whatsoever. The government controls when citizens may sleep‚ eat‚ do a job‚ and even control when citizens are allowed to speak. Would life really be worth living? We as readers are able to gain a small taste of what this would be like after reading the classic novel 1984‚ written by George Orwell. In the lonely‚ lifeless setting it is clear that the government has gained
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study focuses on individual lives/stories of everyday women of the Third Reich: Alison Owings’ 1993 text Frauen: German Women Recall the Third Reich. Much of the text was original research done Owings’ herself‚ but for preliminary and background information Owings utilized the Koonz text and work (not read for this study) by Jill Stephenson. By presenting the individual stories of over twenty women who were alive under the Third Reich that she was able to obtain through four years of personally
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THE ETHICAL IMPERATIVE Today’s businesses are entrenched in a great conflict. The interests of the stockholders and the interests of the populace at large seem to be in constant turmoil. On one hand‚ stockholders desire profit for themselves‚ and on the other‚ the general population does not care to be exploited by those whose sole motive is profit. This is a conflict because those who buy a business’s products tend to be in the general public‚ and they have the ability to make or break a
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What are the advantages and disadvantages of studying in a foreign country? With the rapid development of society‚ people have entered an era of information spreading which makes the world seems smaller. In order to acquire more knowledge‚ more and more people decide to further their study abroad like students who are not using English as a native language may wish to continue their studies and decide to learn English outside their home country or English speakers decide to study in Japan where
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many benefits‚ especially wages. This could not only increase the cost of product‚ but also decrease company’s profit. According to Gaebler Ventures (2010)‚ it claimed that labour cost is one of the highest expenditures of company‚ particularly new businesses. Bloomberg (2010) pointed out that an increase in labour cost can slow down the organizational growth. If the company provides workers too high wages but does not increase working hours‚ the product cost will rise and the company itself will gain
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