rd 3 Dubrovnik International Economic Meeting

DIEM 2017Managing Business Growth in a

Volatile Environment

CONFERENCE PROGRAMME

University of DubrovnikDepartment of Economics and Business Economics12 - 14 October 2017, Dubrovnik, Croatia

PARTNERS:

Under the auspicies of the President of Croatia Ms. Kolinda Grabar-Kitarović

Under the patronage ofMinistry of Science, Education and Sports of the Republic of Croatia

PROGRAMME OVERVIEW

Thursday, 12th October 2017 09.00 - 10.30 - Conference registration and coffee

10.45 - 11.00 - Opening ceremony / Official welcome

11.00 - 12.30 - Keynote address

12.30 - 13.30 - Coffee & snack break

13.30 - 15.00 - Paper presentations (4 parallel tracks)

13.30 - 15.00 - Panel discussion in Croatian: Trends and challenges of management in 21st century 17.00 - 20.00 - Dubrovnik City tour (visit to the Old City with the tour guide)

Friday, 13th October 2017 10.00 - 11.30 - Paper presentations (3 parallel tracks)

11.30 - 12.30 - Coffee & snack break

12.30 - 14.00 - Paper presentations (4 parallel tracks)

14.30 – 15.00 - Plenary session and Conference feedback

17.30 - Visit to ethno collection in Konavle and Conference Countryside Dinner in Poljice – Konavle

Saturday, 14th October 2017 Excursion - Dubrovnik region (Konavle – visit to Soko tower, wine tasting & traditional Dalmatian specialities and visit to Cavtat).

REGISTRATION: October 12th .from 09.00 to 10.30

SOCIAL EVENTS Thursday, 12th October 2017 17.00 – 20.00 – Dubrovnik City tour (visit to the Old City with the tour guide) – INCLUDED IN CONFERENCE FEE Friday, 13th October 2017 17.30 - Visit to ethno collection in Konavle and Conference Countryside Dinner in Poljice – INCLUDED IN CONFERENCE FEE

Afternoon visit to the green valley of Konavle. Still respecting traditional values and life in the family, inhabitants of Konavle have preserved many of their old crafts and skills.

Visit a unique ethnographic collection carefully preserved by the family Bokarica at their family estate.The house ( mentioned in this area already in 15th century) has remained in its original state from the 19th century. It consists of several smaller units each of which served a specific purpose. Check what tools were used in everyday activities and see how the life was organised within " family communities ".

Early dinner at one of the rural farms, accompanied by tunes of traditional music, is an excellent wrap up to this day. Saturday, 14th October 2017 Excursion - Dubrovnik region (Konavle – visit to Soko Tower, wine tasting & traditional Dalmatian specialities and visit to Cavtat) – OPTIONAL, NOT INCLUDED IN CONFERENCE FEE

Half day tour to Konavle area starts by visiting the Soko Tower, which stands high on the rock above the village of Dunave in Konavle. It's imposing form has dominated the Konavle valley since Illyrian times. Visit a traditional wine cellar located in the village of Brajković. There you’ll learn the stories of how the wine of Konavle is made and taste homemade olive oil and wines.

The last stop of the tour is the city of Cavtat. The special charm of this old city is in the buildings that have remained from the old Dubrovnik Republic. Enjoy the walk along it's sea promenade.

THURSDAY 12th October 2017

OPENING CEREMONY / OFFICIAL WELCOME: ROOM E -6 10.45-11.00

PLENARY SESSION: ROOM E - 6

11.00-12.30

Key note adress: Richard Pircher, Professor at University of Applied Sciences BFI Vienna

Title of the keynote: LEADERSHIP IN VOLATILE TIMES __________________________

Key note adress:

Domenico Nicolò, Professor at Department of Law and Economics University Mediterranea of Reggio Calabria

Title of the keynote: RISK, CAPITALIZATION AND SURVIVAL OF YOUNG FIRMS:

EMPIRICAL SURVEY ON ITALIAN COMPANIES __________________________

12.30-13.30 COFFEE AND SNACK BREAK ROOM E-2: 13.30 - 15.00 - Panel discussion in Croatian: Trends and challenges of management in 21st century (PARALLEL EVENT in Croatian language)

13.30-15.00 PARALLEL SESSIONS I

POSTER SESSION PSYCHOLOGICAL AND SOCIOLOGICAL DETERMINANTS OF EDUCATIONAL MANAGEMENT AND LEADERSHIP IN CROATIA AND BOSNIA & HERZEGOVINA: RESULTS OF EMPIRICAL RESEARCH Alfirević, Nikša Petković, Saša Gutović, Tea THE EFFECT OF THE FINANCIAL CRISIS ON EMERGING MARKETS. A COMPARATIVE ANALYSIS OF THE STOCK MARKET SITUATION BEFORE AND AFTER Grima, Simon Caruana, Luca MECHANISMS STIMULATING ACTIONS CUSTOMER - DECISION MAKER ON THE MARKET: MARKETING MIX INSTRUMENTS Hys, Katarzyna OWNERSHIP VERSUS EFFICIENCY: A CROSS-COUNTRY COMPARATION OF HEALTH SYSTEMS Kordić, Lana TERRORISM AS FORM OF SOCIAL ENTREPRENEURSHIP Krželj Čolović, Zorica Mazić, Snježana SYSTEM DYNAMIC MODEL OF MARKETING IN HOTEL COMPANY Milić Beran, Ivona Briš Alić, Martina Antunica, Nikica THE LEVEL OF CORPORATE GOVERNANCE IN BOSNIA AND HERZEGOVINA Papac, Nikola Klepić, Zdenko Šunjić, Lidija THE AGE MANAGEMENT AND EMPLOYMENT OF WORKFORCE AGE 50 + IN THE V4 COUNTRIES Stojanova, Hana Bitternova, Katerina PLAIN PRODUCTS – A COMPREHENSIVE ANALYSIS OF CONSUMER PERCEPTIONS VS. BUSINESS IMPLICATIONS FOR COMPANIES Syaglova, Yulia Mojsovska Salamovska Snežana, Solntseva, Marina MANAGERIAL STRESS – EFFECTS AND CONSEQUENCES Vrdoljak Raguž, Ivona Čučuk, Ivana

ROOM E-2: 13.30 - 15.00 - Panel discussion in Croatian: Trends and challenges of management in 21st century (PARALLEL EVENT in Croatian language) ROOM E-3: BUSINESS ETHICS AND CORPORATE SOCIAL RESPONSIBLITY Session Chair: KORCHAGINA, Elena Session Co-Chair: IVANOVA, Natalia ČAVALIĆ, Admir BEĆIROVIĆ, Damir

Corporate social responsibility of companies in Bosnia and Herzegovina

IVANOVA, Natalia BIKMETOVA, Kamila

Identity as a factor of conflict behavior in organizations

KORCHAGINA, Elena LESTCHENKO, Olesya

The assessment of corporate social performance effectiveness: Russian case

WOLSKA, Grażyna Corporate social responsibility in the context of the competitiveness of the economy

ROOM E-6: INFORMATION TECHNOLOGY AND INNOVATION Session Chair: ČIČIN ŠAIN, Dijana Session Co-Chair: ANDRIJAUSKIENĖ, Meda GARBIN PRANIČEVIĆ, Daniela PETERLIN, Judita BUČAN, Jela Mariette

Do older people benefit from digital services?

KOVAČEVIĆ, Danijela KRAJNOVIĆ, Aleksandra ČIČIN-ŠAIN, Dijana

Market analysis of the telecommunications market in the era of information society – the case of Croatia

VUČETIĆ, Šime The importance of using ICT in the rural tourism of the Zadar county

ANDRIJAUSKIENĖ, Meda, DUMČIUVIENĖ, Daiva

Hofstede’s cultural dimensions and country’s innovation level

ROOM B-2: TOURISM Session Chair: DARABOS, Ferenc Session Co-Chair: CEROVIĆ, Zdenko CEROVIĆ, Zdenko GRUDIĆ KVASIĆ, Sanda IVANČIĆ, Ivana

Forecasting tourism demand – the case of the city of Rijeka

DARABOS, Ferenc Assessment of the tourist groups visiting a remarkable international ski touristic centre

HACIA, Ewa LAPKO, Aleksandra

Territorial cooperation in the development of nautical tourism

IVANCSÓNÉ DR. HORVÁTH, Zsuzsanna ERZSÉBET, Markó

Generation investigations in the wellness tourism in Hungary

MUNITIĆ, Nataša JUGOVIĆ, Alen

Redesign of seaports management model for their transformation into profitable centers

PRINTZ-MARKÓ, Erzsébet IVANCSÓNÉ DR. HORVÁTH, Zsuzsanna

Applicability of American wellness research methods in case of Central european countries

ROOM B-3: MACROECONOMICS I Session Chair: PAAS, Tiiu Session Co-Chair: SAUCEDO A., Edgar J. BORGES Q., Marisol DIAZ P., Jesús SAUCEDO A., Edgar J.

Institutional gear and economic growth in Latin America empirical estimation for 32 economies

KONYA, Sevilay KARAÇOR, Zeynep YARDIMCI, Pınar

The middle income trap: an assessment in terms of turkish economy

TVERDOSTUP, Maryna PAAS, Tiiu

Gender unique human capital and labour market returns

17.00-20.00 DUBROVNIK CITY TOUR Visit to the Old City with the tour guide. Departure at 16.30 in front of the hotel Lapad. INCLUDED IN CONFERENCE FEE.

FRIDAY 13th October 2017 10.00-11.30 PARALLEL SESSIONS II ROOM E-2: MANAGEMENT AND ORGANIZATION I Session Chair: MITREGA, Maciej Session Co-Chair: BAČUN, Dinko

BAJRAMOVIĆ, Daut BEZDROB, Muamer

Civil society organizations influence on the development strategies formulation process at the municipal level

BAČUN, Dinko Towards the model of self-tuning business process management

LUČIĆ, Lovorko LUKOVIĆ, Tihomir

Controlling as a function of successful management of a marina

MABIĆ, Mirela GAŠPAR, Dražena LUCOVIĆ, Damir

Social networks – potential and challenges in Bosnia and Herzegovina government institutions

WIECZOREK, Anna MITRĘGA, Maciej

Personal dynamic capabilities in the context of a corporate success

ROOM E-3: MARKETING AND ENTREPRENEURSHIP Session Chair: KIM, Youngchan Session Co-Chair: TOMLJENOVIĆ, Ljerka CAMPO, Raffaele BALDASSARRE, Fabrizio LOPORCARO, Giuseppe

The effects of food aesthetic on consumers. Implications on food marketing

JELČIĆ, Sandra Service quality dimensions as predictors of perceived service quality in retail environment

KIM, Jiyoung KIM, Youngchan

Determining customer experience innovation: exploring a dynamic model of customer responses in negative service encounters

KONTIĆ, Ljiljana VIDICKI, Djordje DOMANOVIĆ, Violeta

Testing corporate entrepreneurship assessment instrument in transition environment

NAZAROV, Mikhail BUTRYUMOVA, Nadezhda SIDOROV, Dmitry

Development of technology entrepreneurship in a transition economy: an example of the Russian region with high scientific potential

TOMLJENOVIĆ, Ljerka STILIN, Anita

Research of ambidextrous orientation in Croatian SMEs

ROOM B-3: MICROECONOMICS Session Chair: BLUNCK, Erskin Session Co-Chair: BOTRIĆ, Valerija BALDASSARRE, Fabrizio RICCIARDI, Francesca CAMPO, Raffaele

The advent of industry 4.0 in manufacturing industry: literature review and growth opportunities

BLUNCK, Erskin WERTHMANN, Hedwig

Industry 4.0 – an opportunity to realize sustainable manufacturing and its potential for a circular economy

BOTRIĆ, Valerija BROZ, Tanja

Ownership structure and total factor productivity: differences across industries in Croatia

GABRIĆ, Dragan Traditional activity indicators in the function of determination of material misstatement in the financial statements of the companies

WOOD, Van R. GILLPATRICK, Tom

Business growth in underserved markets: doing well and doing good through greater understanding of vulnerable populations, food deserts, and bottom of the pyramid concepts

11.30-12.30 COFFEE AND SNACK BREAK

12.30-14.30 PARALLEL SESSIONS III: ROOM E-2: FINANCE AND PUBLIC FINANCE Session Chair: LEE, Rich Session Co-Chair: NIKOLOSKI, Aleksander

LEE, Rich A novel financial market dynamics analytic framework against the black swan effect

DAJUNG, Jun Revisiting the effectiveness of the health insurance tax credit

NIKOLOSKI, Aleksandar NEDANOVSKI, Pece

Public debt dynamics and possibilities for its projection – the case of the Republic of Macedonia

TRASBERG,Viktor TRASBERG,Karmen

Alcohol taxation economic and social impact in the Baltic countries

POLYCHRONIDOU, Persefoni NIKOLAIDIS, Stephanos PERDIKI, Fotini

Empirical research on the accounting and finance students' opinion about the perspective of their professional training and career prospects

ROOM E-3: MANAGEMENT AND ORGANIZATION II Session Chair: DRUSCAT, Vanessa Session Co-Chair: MOJSOVSKA SALAMOVSKA, Snežana DRUSKAT, Vanessa WOLFF, Steven MESSER, Tracey STUBBS KOMAN, Elizabeth BASTISTA-FOGUET, Joan Manuel

Team emotional intelligence: Linking team social and emotional environment to team effectiveness

KUŽNIN, Milena WALKER, Joseph Kevin

Contemporary leadership challenges in hospitality organizations in times of uncertainty and change

BULOG, Ivana DULČIĆ, Želimir SEKULOVIĆ, Andjela

Managerial skills in hotel industry – evidence from Croatia

VRDOLJAK RAGUŽ, Ivona BOROVAC ZEKAN, Senka PERONJA, Ivan

Knowledge as a source of competitive advantage in knowledge based companies

PETREVSKA NECHKOSKA, Renata MOJSOVSKA SALAMOVSKA, Snežana

Context-appropriate implementation of blended learning in higher education of economics and management

ROOM B-2: TRADE Session Chair: SAUCEDO A., Edgar J. Session Co-Chair: KABAKLARI, Esra FOURNARI, Nikoleta ZOUMPOULIDIS, Vassilios PERDIKI, Fotini

Analysis and prospects of development of wine export from prefecture of drama

JERINIĆ, Marina

Bosnia and Hercegovina’s foreign trade : source or barrier for economic development ?

KABAKLARLI, Esra DURAN, Mahmut Sami ÜÇLER, Yasemin Telli

The determinants of high-technology exports: a panel data approach for selected OECD countries

PARRA O., María del Pilar SAUCEDO A., Edgar J. DIAZ P., Jesús

The environmental kuznets curve for OECD countries

PALAZ, Serap ÇOLAK, Olcay

Economic development and incidence of fatal occupational accidents: evidence from the selected OECD countries

ROOM B-3: MACROECONOMICS II Session Chair: JURIĆ, Jelena Session Co-Chair: KARACOR, Guvenek KARACOR, Zeynep GUVENEK, Burcu EKINCI, Esra KONYA, Sevilay

Relationship with education expenditure and economic growth in OECD countries: a panel data analysis

FIJULJANIN, Seid FIJULJANIN, Ajla

The survival of it companies in Bosnia and Herzegovina: research and development tax credit

JURIĆ, Jelena

Characteristics of personal consumption in Bosnia and Herzegovina

MARKUŠ, Ranko Monitoring of the EU reform agenda in Bosnia and Herzegovina

VUKOVIĆ, Ante LUKOVIĆ, Tihomir

Maritime domain as public property, the results of strategic planning of national economy development, or?

YARDIMCI, Pinar KARAÇOR, Zeynep KONYA, Sevilay

Welfare and governance crises of neoliberal globalization: the new institutional economics perspective

14.30 - 15.00 PLENARY SESSION AND CONFERENCE FEEDBACK 17.30 – 22.30 VISIT TO ETHNO COLLECTION IN KONAVLE AND

CONFERENCE COUNTRYSIDE DINNER IN POLJICE: Departure at 17.30 in front of the hotel Lapad. INCLUDED IN CONFERENCE FEE.

Saturday, 14th October 2017 9.30 - 14.30 EXCURSION - DUBROVNIK REGION (KONAVLE – VISIT

TO SOKO TOWER, WINE TASTING & TRADITIONAL DALMATIAN SPECIALITIES AND VISIT TO CAVTAT).

Departure in front of the hotel Lapad at 9.30. OPTIONAL, NOT INCLUDED IN CONFERENCE FEE.