Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 2 of 2
Full-Text Articles in Entire DC Network
Bančništvo Odnosov V Luči Razvoja Informacijske Tehnologije, Matej Marinč
Bančništvo Odnosov V Luči Razvoja Informacijske Tehnologije, Matej Marinč
Economic and Business Review
Banks 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.
This Is Not America: The Impact Of The New Eu Audit Regulation In Slovenia, Metka Duhovnik
This Is Not America: The Impact Of The New Eu Audit Regulation In Slovenia, Metka Duhovnik
Economic and Business Review
The article presents problems that could arise in a small European country with a modest number of public interest entities and weak market competition due to the new European audit legislation. In this framework, special attention is paid to the effects of the extended requirements to audit public interest entities, public oversight of the audit profession, and adoption of the international auditing standards. The author points out those fields where the European Commission’s further action could make the legislation more proportionate in terms of the size of the country and its capital market development.