Business Commons^™

The Process Of Adapting Innovations In Banking Services By Businesses In Kosovo, Burim Isa Berisha Dr.Sc, Burim Berisha B.B

International Journal of Business and Technology

This dissertation addresses the importance of a business model from businesses in Kosovo, which is able to adapt innovations from the banking sector such as digital services, and through which become part of a global market where such developments occur step by step. very fast At the beginning of this paper will be given definitions related to the main concepts that are addressed such as business model, innovations in banking services - digitalization of services and the role and importance of linking a business model with banking services of the time. After the theoretical part, from which the main concepts …

Agency Theory And Audit Quality, Burim Isa Berisha Bb

International Journal of Business and Technology

Auditing plays a vital role in reducing both: information asymmetry by empirically confi rming the validity of fi nancial statements and agency problems. The principal- agent confl ict illustrated in agency theory, where principal (owner) lack reasons to believe their agents (managers) because of information asymmetries and contradictory motives. Information asymmetry deals with the study of decisions in transactions where one party has more or superior information than other. Agents (either directors or auditors) may be trustworthy without further incentives to align interest or monitoring strategies such as audit or increased regulation. However, the simple agency model would recommend that …

Background To Auditing And Role Of Auditor, Burim I. Berisha B.B

International Journal of Business and Technology

Financial markets crisis since 2007 has unfolded many issues regarding the supervision of financial institutions, financial reporting and auditing as of core importance to many regulatory bodies in order to ensure proper-functioning framework in the internal market. An audit, along with both adequate supervision and corporate governance, can contribute towards the financial health of the companies by providing assurance in terms of bringing financial stability into their reports (European Commission [EC], 2010, p. 3). The assurance provided by the auditors reduces the risk of misstatements and ultimately the cost of failure to be suffered by the firm’s stakeholders’ also reduces. …

The Process Of Adapting Innovations In Banking Services By Businesses In Kosovo, Burim Isa Berisha Dr.Sc, Burim Berisha B.B

International Journal of Business and Technology

This dissertation addresses the importance of a business model from businesses in Kosovo, which is able to adapt innovations from the banking sector such as digital services, and through which become part of a global market where such developments occur step by step. very fast At the beginning of this paper will be given definitions related to the main concepts that are addressed such as business model, innovations in banking services - digitalization of services and the role and importance of linking a business model with banking services of the time. After the theoretical part, from which the main concepts …

Accountability Responsibility As An Instrument For Performance Measurement, Burhan Rexhepi B.R

International Journal of Business and Technology

This paper addresses the role and importance of accounting information, in particular liability accounting and the impact of liability centers on the success of the enterprise. The success of business decision making is closely linked to the quality and accuracy of accounting information. Every entity, regardless of ownership, size and form of legal organization, the capital structure exists and functions to achieve its objectives.

We live in a time of great changes in external environmental factors, which impose the need to know modern methods and models for running a business. However, the main basis of business success depends on the …

Types Of Financial And Economic Crisis, Burhan R. Rexhepi B.R

International Journal of Business and Technology

Financial crises have caused much debate among different economists. They have attempted to explore any possibility of detecting and preventing crises before they cause the damages that will require way more time and energy to repair the situation and bring the economies back on the right track of sustainable development. The purpose of this study is to analyze different types of financial crises that have affected the economies of the world in order to draw lessons from their experiences. Analysis of this study is divided into four types of financial crises: Banking crisis, speculative bubbles and the market failures, international …

An Outlook Of Factoring Industry In The World And In Kosovo, Burhan R. Rexhepi B.R

International Journal of Business and Technology

Factoring is the most appropriate one for both bank and SMEs as it is considering a method of raising short- term working capital for enterprise by exchanging its A/R, not collateral focused and not adding any liability into their balance sheet. Moreover, factoring is a comprehensive financial service that includes not only financing but also credit protection, accounts receivable bookkeeping and collection services. Factoring not only brings benefit to CBs as a new service for diversification and increasing turnover but also supports SMEs to access financing for roll-up their business and gaining profit from achieving advantages of competitiveness. Although it …

12th International Conference On Business, Technology And Innovation 2023, University For Business And Technology - Ubt

UBT International Conference

Welcome to IC – UBT 2023

UBT Annual International Conference is the 12th international interdisciplinary peer reviewed conference which publishes works of the scientists as well as practitioners in the area where UBT is active in Education, Research and Development. The UBT aims to implement an integrated strategy to establish itself as an internationally competitive, research-intensive university, committed to the transfer of knowledge and the provision of a world-class education to the most talented students from all background. The main perspective of the conference is to connect the scientists and practitioners from different disciplines in the same place and make …

Green Economy Induces Energy Crisis Case: Europe, Ardian Uka, Erzana Uka

UBT International Conference

The green economy is a rapidly growing sector that has the potential to drive sustainable economic growth and development. However, the growth of the green economy can also have unintended consequences, including exacerbating existing energy crises. This study focuses on the relationship between the green economy and energy crisis in Europe, exploring the impact of the green economy on energy supply and demand and the ways in which it exacerbates energy crises. The study will utilize a combination of primary and secondary data sources, including government reports, academic studies, and expert interviews, to gather information on the green economy and …

The Role Of Vocational Education And Training In Bridging The Skills Gap In The Labour Market, Kujtim Zylfijaj, Mentor Shaqiri

UBT International Conference

Vocational Education and Training plays a vital role in nurturing human capital and addressing the skills gap. Kosovo faces a high youth unemployment rate and a shortage of skilled employees in firms, indicating an education-to-labor market mismatch. This research explores Vocational Education and Training schools' potential in facilitating youth transition to employment through qualitative interviews with school coordinators across Kosovo. Despite Vocational Education and Training schools having a great potential for bridging the skills gap, they face barriers such as curriculum-labor market misalignment, limited business cooperation affecting dual education, low student motivation, and limited public awareness about Vocational Education and …

Examining The Relationship Between Exchange Rate And Housing Sales To Foreigners In Turkiye, Haldun Soydal, Mustafa Serdar Acar

UBT International Conference

Exchange rate is important for national economies. The exchange rate also affects the foreign investors' decision to invest in the country. A high exchange rate will increase the purchasing power of foreigners, while a low exchange rate will reduce the purchasing power of foreigners. The exchange rate is also effective in the purchase of housing by foreign investors in the country. The increase in the exchange rate (the depreciation of the national currency) increases the purchasing power of foreign investors and enables them to buy more goods and services. In the study, the effect of exchange rate on foreigners' housing …

The Role Of Organizational Culture In Employee Retention In Kosovar Businesses, Mimoza Sylejmani

UBT International Conference

Introduction: Organizational culture is a key component in creating a conducive work environment and influences how employees feel in the organization and whether they remain employed. For this reason, it is crucial to understand how organizational culture is influenced by various factors and how it affects employee retention and engagement.

Aim: The primary aim of this research is to explain how organizational culture influences employee retention in different organizations. We developed a careful methodology to achieve this objective and used surveys to collect and analyze data.

Methodology: The research was based on a mixed methodology, including a review of existing …

International Conference On Management Business And Economy, University For Business And Technology - Ubt

UBT International Conference

UBT Annual International Conference is the 12th international interdisciplinary peer reviewed conference which publishes works of the scientists as well as practitioners in the area where UBT is active in Education, Research and Development. The UBT aims to implement an integrated strategy to establish itself as an internationally competitive, research-intensive university, committed to the transfer of knowledge and the provision of a world-class education to the most talented students from all background. The main perspective of the conference is to connect the scientists and practitioners from different disciplines in the same place and make them be aware of the recent …

Changing Consumer Behavior As A Result Of Influencer Marketing, Hamëz Rama

UBT International Conference

The third millennium was preceded by rapid technical-technological development, namely information technology and the Internet, through which the factors of the external environment have also changed which have drastically influenced the changes in consumer behavior. The market as such has a very heterogeneous and dispersed character, therefore, the world is dominated by hyper-competition, as products and services are becoming increasingly personalized. The development, transformation and very large use of social networks by the general society has pushed marketers to develop and apply a new concept of marketing which is influencer marketing. The very large use of social networks by individuals, …

The Relationship Between Economic Freedom And Economic Growth In Turkiye, Mustafa Serdar Acar, Haldun Soydal

UBT International Conference

The economic freedoms (EF) and economic growth (EG) values of the countries are important for the country's economies. The economic freedom levels of the countries also have important effects on the investments to be made in the country. The economic freedom index consists of twelve sub-indices. The concept of economic growth, on the other hand, refers to the change in the country's production of goods and services and the income obtained from production compared to a period before. The economic freedom index is calculated annually, and the economic growth value is calculated annually or quarterly. In this study, it is …

Green Tourism And Its Impact In Environmental Development, Arta Kadriu

UBT International Conference

Green tourism is one of the newest types of tourism industry development. This type is very important as it is closely related to the natural potential that a tourist destination offers, it is also related to economic development and environmental protection, tourist culture, climate change as well as migration and population growth. Green tourism is the main pillar of the development of sustainable tourism, therefore in this scientific paper we will present the development methods and the effects during the use of these methods for the improvement and promotion of green tourism, also during the research we also have used …

A Pest Analysis For Western Balkans Towards Green Economy, Aseda Banushaj, Gentian Picari

UBT International Conference

The Green economy refers to an economic system that aims to promote sustainable development, reduce environmental impact, and ensure the efficient use of resources. In the case of the Western Balkans region, there are several key aspects to consider regarding the green economy like renewable energy, energy efficiency, sustainable agriculture, circular economy green Infrastructure, education and research. It is essential for governments, businesses, and civil society in the Western Balkans to collaborate and prioritize the development of policies, incentives, and investments that promote the green economy. Such efforts can not only drive economic growth but also preserve the region's natural …

Economic Regionalization In Africa: Challenges And Per-Spectives Of The African Continental Free Trade Area (Afcfta), Kamal Tasiu Abdullahi

UBT International Conference

Since the year 1980, there has been a noticeable increase in nations' propensity to regionalize their economies. The author claim that because region-alization and globalization are intertwined processes, this regionalization either reflects countries' determination to defend themselves from the negative effects of globalized free trade or it is a new type of worldwide free trade. Since then, the number of regional trade agreements that bring about this economic region-alization has skyrocketed. The reasons behind this explosion are that, in theory, regionalization should enable better integration and increase household welfare by removing tariff and non-tariff obstacles in a region. Africa has …

Turkish Foreign Policies In The Horn Of Africa: A Case Study Of Ethiopia And Somalia (Perspectives From Political Economics), Kamal Tasiu Abdullahi, Kalid Abdirahman

UBT International Conference

Particularly after 1998, Türkiye's diplomatic and economic relations with African nations have improved. Türkiye's interest in Africa was initially dormant but after 2005, notably, this relationship changed into a more widespread, active, and expanded desire in forging relationships with the continent. The paper assesses Türkiye's connections with the continent from a political economics perspective. Emphasis is placed on the Horn of Africa with a focus on Ethiopia and Somalia. In order to properly assess the strengths and limitations of Turkish foreign policy toward Africa, various policies implemented by other nations, including the USA and China, are discussed and contrasted with …

Impact Of Niger Delta Crisis And National Security In Nigeria: Appraisal Of The Amnesty Programme Granted, Kamal Tasiu Abdullahi, Bashir Dan Inna

UBT International Conference

The fragility of the nation’s take-off, as the historical antecedent, created Nigeria’s socio-economic, cultural and political woes. The Nigerian historical developments are better explained by the adage that says “when a fowl perches on the rope, it and the rope automatically become unsettled.” This largely remains so till this moment in Nigeria’s history as the various events portend particularly in the Niger Delta region. The character and attitude of the Federal Government to the agitation in the region is well known and documented. The use of force to keep the people down and exploit their oil and gas resources could …

Gross Domestic Product And The Progress Of Economic Growth In Kosovo, Agim Berisha

UBT International Conference

After the last war, Kosovo continues to remain among the countries with a low level of development and a high rate of unemployment. The low level of economic growth and the high rate of unemployment remain among the main economic challenges for solution, in this direction the government through the instruments of economic policy, separately the fiscal policy should be oriented in order to create the most favorable environment through alleviating measures towards the sector private. In the framework of the work, the main objective consists in the analysis of the progress of the Gross Domestic Product and the economic …

The Importance Of The Adoption And Application Of Accounting Policies Transition Countries With Regard To Companies In Kosova, Driton Fetahu

UBT International Conference

Accounting policy should be seen as a framework within which policy is formed to keep business events with the primary objective of increasing safety, especially financial reporting of management. Some management companies is who is responsible for the end result of the economic activity of enterprises run by.

To be able to reliably managed by the company shall have a built in system management and logging of all activity in the company, it is necessary to respect the recommendations of the internal control and audit and external audit recommendations. The accounting policy is closely related to the implementation of IAS/IFRS, …

Effects Of Using The Win-Loss Method For Overcoming Conflicts In Organization, Arsim Marmullaku, Bekim Marmullaku

UBT International Conference

Conflict is a phenomenon that is present both in society and in organizations. Managers spend part of their time in conflict situations and trying to resolve conflicts. Business development under conditions of competition and pressure from the external environment in the global market and the continuous struggle in this sphere, requires from managers skills, knowledge, resistance, but also confrontation with conflicting situations, which they mu1st manage and resolve in right there and then.

In this research is used a quantitative approach and the data are collected through questionnaires made from a sample based on the characteristics of organizations and employee …

The Impact Of Green Public Procurement In Western Balkan Countries, Ditjona Kule, Irisi Beleraj

UBT International Conference

The sensitivity to environmental preservation toward ethical and sustainable economic growth has been at an all-time high in recent decades. Green public procurement (GPP) is a procedure in which public entities, such as governments or municipalities, purchase goods and services that have a lower environmental effect than conventional alternatives. GPP is gaining popularity in the Western Balkans as a strategy for promoting sustainable development and addressing environmental issues.

The demand for recyclable products, energy-efficient systems, clean technology and fuels, is driving the adoption of ecologically responsible business practices. Private consumers are also encouraged to focus on green purchases. Considering that …

Drivers Of Green Innovations In Western Balkan Countries, Aida Gjika, Etis Jorgji

UBT International Conference

The countries of the Western Balkans, both individually and in the regional context, face a series of actual and potential environmental problems and challenges with significant impact on sustainable development. These issues include air pollution, inappropriate water and waste management practices, loss of biodiversity and habitat degradation, climate change and exposure to natural disasters. By addressing environmental problems through the adoption of green innovations, countries in the region can ensure sustainable development while simultaneously conserving their natural resources, protecting ecosystems and improving the well-being of their citizens. The article aims to investigate the key drivers behind the adoption of green …

Machine Learning Approaches For Modelling Real Estate Systems, Visar Hoxha, Lorana Berisha, Jehona Hoxha

UBT International Conference

In the intricate domain of real estate, precise property valuation remains paramount for a spectrum of economic endeavors. The 2008 global economic downturn spotlighted the limitations of conventional valuation methods, prompting the exploration of innovative, objective techniques. This paper investigates the incorporation of machine learning in modeling intricate real estate systems. We discuss the evolution from traditional appraisal methods to Automated Valuation Models (AVM) and the subsequent challenges these models face. Drawing from global research and case studies, we highlight the adaptability, accuracy, and potential of machine learning techniques in real estate valuation. Our findings underscore machine learning's transformative role …

The Impact Of It Investments On The Performance Of Largest Middle East Banks, Rasha Mahboub, Amir Imeri

UBT International Conference

IT investments lately have taken major role in Middle East banks. Hence, this study is adding to the discussion of impact of IT to the financial performance of ten largest Middle East banks, covering the period 2011-2021. The main source of the data is from annual reports of each bank. The study uses CAMELS model as dependent variable, whereas IT investments like Automated Teller Machine (ATM), Mobile Banking (MB), Internet Banking (IB), Point of Sale Terminals (POS) and Telephone Banking (TB) are the independent variables. The findings of the study show that the use of ATM, POS and TB has …

Agriculture Development Strategy In The Republic Of North Macedonia: Between Subsidies, Eu Support And Pressure From Liberalization, Ruzhdi Matoshi

UBT International Conference

Agriculture development differs a lot from the rest of economic sectors. While in a market economy the fate of businesses in each sector is decided by competition leading to the entries, survival and growth of the fittest, in agriculture as a whole there are some exceptions as a result of support from the government with subsidies. The main reasoning behind this direct support with the state funds is made on the grounds that food is necessity and there is no alternative to it. Even in global scale, efforts to support agricultural development in various forms. However, contradictions arise between the …

Employment Practices Using Artificial Intelligence In Healthcare: A Systematic Literature Review, Bojan Kitanovikj

UBT International Conference

In recent years, human resource management (HRM) has witnessed an increasing awareness of the potential applications of artificial intelligence (AI) technologies. However, the practical integration of AI in HRM, particularly in the domain of employing new members of the workforce in the healthcare sector, remains an underexplored frontier. The proliferation of AI, bolstered by the emergence of user-friendly tools and chatbots, has paved the way for a paradigm shift in employment practices in healthcare. Notably, a conspicuous gap exists in the literature concerning a comprehensive overview of AI’s organizational-level impacts on recruiting and managing nurses, doctors, physicians, and other healthcare …

Prediction Of Housing Prices Using Machine Learning Algorithms, Visar Hoxha, Lorana Berisha, Jehona Hoxha

UBT International Conference

In the evolving landscape of real estate valuation, the integration of machine learning (ML) algorithms has emerged as a transformative approach. This literature review delves into the application of various ML techniques in predicting property prices, comparing their efficacy with traditional methods. Drawing from global research, the study underscores the potential of ML in enhancing accuracy, adaptability, and objectivity in property valuation.