Business Commons^™

Theory About Factoring Service, Burhan Economy Rexhepi Ek

International Journal of Business and Technology

Factoring is one of the oldest and common methods of trade fi nance over the world with a long historical development. According to historians, Factoring is originated 4,000 years ago in the days of King Hammurabi of Mesopotamia whereby the fi rst literate societies were developed. Although Mesopotamia no longer exists, many of its great contributions to civilization have endured, including Factoring. The fi rst documented-use of factoring was widespread occurred in the American colonies before the revolution to serve for trade. With the abundance of the North American landscape, colonists cultivated and traded commodities like cott on, fur and …

Use Of The Monte Carlo Model In The Corporate Tax Strategy In Kosovo, Lirim Lani, Enver Daci

UBT International Conference

The paper is oriented towards the use of the mathematical-statistical model, in order for the result of this model to show the right way of tax strategy used by corporations in Kosovo. The main purpose of the research is to select a certain sample of financial items from the financial statements to use the Monte Carlo model, with the main purpose of real research of the tax strategy used by corporations in Kosovo. Avoiding corporate taxes has been a significant public concern, especially since the 2008 global financial crisis. The Monte Carlo model has a 5-10% forecast deviation, which has …

Kosovo As A Strategic Awareness Of The Eu, Ylber Limani, Erza Ostrogllava

UBT International Conference

Is Kosovo a strategic interest of the EU in terms of international policy and entrepreneurship? International business represents all cross-border exchanges of goods, services or resources between two or more nations. These exchanges can go beyond the exchange of money for physical goods including international transfers of other resources, such as people, intellectual property (e.g., patents, copyrights, trademarks and data), and assets or contractual obligations (e.g., the right to use a foreign asset, provide a future service to foreign clients, or execute a complex financial instrument). Entities involved in international business range from large multinational firms with thousands of employees …

Reward Management Of Employees In The Banking Sector, Enver Daci, Lirim Lani

UBT International Conference

A reward system is like the biggest management principle in the world. Organizations around the world, the rural banking industry are no exception, use some form of reward system; whether it is open or not, it exists. The belief that: "Reward behavior is repeated" is a statement, which is generally accepted. Rewards are therefore tools of operational control used to link employee goals. To be able to touch employees who use rewards reward must be perceived as meaningful and meaningful. Rewards are described in two different types; it can be in the form of motivational motivation (internal) or personal motivation …

A Nation’S Mission Of Housing And Consumption: An Analysis Of Household Budget Survey Expenditures In Kosovo, Florin Aliu, Isa Mulaj

UBT International Conference

In digital and artificial intelligence intensification era where up to 2/3 of Gross Domestic Product (GDP) is generated from the service sector, nearly ¾ of household budget is spent by the Kosovo families in food and accomodation. This is a larger and greater share than in the neighboring countries to which Kosovo approximately has the same level of incomes per capita. At the same time, for some years in a row, spending for education until the recent available data has not exceded 1%, showing another difference with the neighbring countries in volume as well as in total share of household …

Organizational Culture In Public Institutions And Its Effect Over The Implementation Of Total Quality Management Process- Kosovo Case, Ilir Rexhepi, Ermira Qosja

International Journal of Business and Technology

Total Quality management (TQM) is a philosophy management method, the importance of which continuously has been growing after '90. There is relatively short time since Kosovo Public Institutions are practically doing their activity as a part of an independent Country, and as such day by day they are facing with different management challenges which continuously are becoming more rough and tough towards the EU integration process.

Total Quality Management within Public Institutions, is leaded by the phase of establishment and implementation of Quality management Systems based on ISO 9001. In this process, through a deep empiric study in three Kosovo …

The New Public Management In Transition Countries- Public Sector Decentralization And Local Governance Reform In Kosovo, Ibrahim Krasniqi

International Journal of Business and Technology

Public administration management in most developing countries is changing rapidly through reform processes with respect to public service delivery and the stimulation of economic growth. That change, in general is affected by the need for policy reform, has resulted in different structural public management reforms known as decentralization and ‘the new public management’, reflecting a movement away from the old values and norms of public administration management. This paper discusses the issue of local government reform processes in Kosovo in parallel with the new public management processes in the country. Local government reform has been and is a priority of …

The Statistical Comparison Of Remittances In Kosovo With Balkan Countries, Blerina Jashari, Mentor Geci

UBT International Conference

Taking into account that Kosovo is a developing country, revenues coming from other countries play an important role. The paper will present a clear picture that examines the level of remittances in the country as well as external countries. In addition to the level of remittances, a literature review will also be made regarding the methodology used. Remittances received in Kosovo, which also represent the largest category within the secondary income account, amounted to euro 568.8 million in September 2015, representing an annual growth of 12.5 percent. One of the reasons why a remittance study is done is to identify …

Foreign Direct Investments In Kosovo Opportunities, Challenges And Promotion, Hamëz Rama

UBT International Conference

Foreign direct investments in Kosovo are the basis for a genuine development, especially in the case of Kosovo that is in the transition phase from a former centralist system to the free market economy system. Investments are the most efficient way for a country's economic and political development, consolidation, economic growth, development and strengthening of the private sector.

The treatment and sensitization of foreign direct investment in Kosovo is a matter related to foreign direct investment (FDI), their importance, factors that influence the rise or fall of the level of foreign direct investment in Kosovo, potentials, opportunities and the challenges …

The Impact Of Remittances On Labor Supply: Case Of Kosovo, Lejla Hasani

UBT International Conference

This paper examines the impact of remittances on labor force participation in Kosovo using propensity score matching. Investigating whether remittances have any impact on labor force participation is of utmost importance for the case of Kosovo since still today the rate of unemployment and dependency on remittances are very high. Using the Household Budget Survey 2011, this paper applies the propensity score matching techniques to identify the matching group. Through nearest neighbor matching method, this study obtains the matching results, showing the difference in labor force participation between the remittance recipient and non-recipient household members. Covariates used in the model …

Tax Evasion As A Crime: A Survey Of Perception In Kosovo, Agim Mamuti, Robert Mcgee

UBT International Conference

The goal of this paper is to explore the perception of Kosovo’s citizens of the severity of tax evasion relative to other crimes and abuses. Perception of tax evasion may somewhat clarify the degree of rebelliousness with the tax laws. Using data from a self- administered survey and a personnel structured interview, the results of mean and comparative analysis will be examined to show where the tax evasion is ranked in Kosovo in the list of fifty listed crimes. Studies, conducted about the perceptions of tax evasion as a crime, have suggested that the tax non-compliance environment has been created …

Advantages And Disadvantages Of Application Of Eva (Economic Value Added) In Public Companies: Case Of Post And Telecommunication Of Kosova (Ptk), Uragan Alija

UBT International Conference

The Competitive companies, irrelevant of being public or private, in order to remain competitive and performing well, need and must be interested towards developing and establishing adequate performance measurement and management systems. Given the revolution of economic profit that for several decades have joined the field of corporate finance, there is a need to review existing performance management systems and provide guidance in continuous use of existing systems, or provide another view of successful innovations used by other companies and explore opportunities in adopting for internal company use. This paper examines the existing performance management system in the Post and …

The New Public Management In Transition Countries- Public Sector Decentralization And Local Governance Reform In Kosovo, Ibrahim Krasniqi

UBT International Conference

Public administration management in most developing countries is changing rapidly through reform processes with respect to public service delivery and the stimulation of economic growth. That change, in general is affected by the need for policy reform, has resulted in different structural public management reforms known as decentralization and ‘the new public management’, reflecting a movement away from the old values and norms of public administration management. This paper discusses the issue of local government reform processes in Kosovo in parallel with the new public management processes in the country. Local government reform has been and is a priority of …

Impact Of Civil Servant Salaries On The Performance Of Local Public Administration In Kosovo, Naim Ismajli, Emira Qosja

UBT International Conference

Motivation is defined as the willingness to exert high level of effort to reach organizational goals, conditioned by the ability of these efforts to satisfy some individual needs (Robbis / De Cenze p, 407). As motivating factors are: wage increase in career, workplace safety, work contracts, working conditions, organizational culture, leadership in working organizations, the level of responsibility at work and rewards. All these factors have different scale in motivating employee performance. Based on the theory of many authors in the field of Human Resources, presented in scientific literature, scientific journal articles, reports of international institutions (UNDP, World Bank, Human …

Organisational Culture In Public Institutions And Its Effect Over The Implementation Of Total Quality Management Process – Kosovo Case, Ilir Rexhepi, Ermira Qosja

UBT International Conference

Total Quality management (TQM) is a philosophy management method, the importance of which continuously has been growing after '90. There is relatively short time since Kosovo Public Institutions are practically doing their activity as a part of an independent Country, and as such day by day they are facing with different management challenges which continuously are becoming more rough and tough towards the EU integration process. Total Quality Management within Public Institutions, is leaded by the phase of establishment and implementation of Quality management Systems based on ISO 9001. In this process, through an deep empiric study in three Kosovo …