CONFERENCE ECONOMIC POLICY FOR SMART, INCLUSIVE AND SUSTAINABLE GROWTH AGENDA June 2017, Belgrade TRADITION AND DEVELOPMENT

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1 CONFERENCE ECONOMIC POLICY FOR SMART, INCLUSIVE AND SUSTAINABLE GROWTH June 2017, Belgrade AGENDA years TRADITION AND DEVELOPMENT

2 DAY 1 15 JUNE mezzanine floor (hall in front of amphitheater A1) Registration & Coffee Prof. dr Branislav Boričić, Dean of the University of Belgrade Faculty of Opening ceremony Academic Prof. dr Vladimir Kostić, SANU amphitheater A1, mezzanine floor Prof. dr Dušan Vujović, Minister of Finance of the Republic of Serbia Global Inequality Keynote speech: Prof. dr Branko Milanović, City University of New York and LIS hall in front of A1 Coffee break amphitheater A1, mezzanine floor Global Politics and Globalization in an Age of Populism: Brexit, Trump and Beyond Keynote speech: Prof. dr Michael Cox, LSE Changes After Socialism Keynote speech: Prof. dr Leszeck Balcerowicz, Warsaw School of restaurant at the 7 th floor Lunch break Professors Hall, 1 st floor Updating the Social Market Economy: Redistribution through Sovereign Wealth Funds Keynote speech: Prof. dr Giacomo Corneo, Free University of Berlin INDUSTRIAL POLICY PROGRAMME FOR KEY SECTORS IN SERBIA Dragan Đuričin & Iva Vuksanović, University of Belgrade - Faculty of ECONOMIC GROWTH IN CENTRAL AND EASTERN EUROPE: THE ROLE OF ECONOMIC POLICY AND INSTITUTIONS VERSUS EU TRENDS Milojko Arsić, Aleksandra Nojković & Saša Ranđelović, University of Belgrade - Faculty of Institutions, structural policies and sustainable growth, Chair: Ivan Vujačić THE IMPACT OF COMPETITION POLICY ON ECONOMIC DEVELOPMENT IN THE CASE OF DEVELOPING COUNTRIES Siniša Milošević, Dejan Trifunović & Jelena Popović Markopoulos, Serbian Commission for Protection of Competition, University of Belgrade - Faculty of, Serbian Commission for Protection of Competition SHIFTS IN INTERNATIONAL INVESTMENT POSITIONS OF EMERGING MARKETS: SHORT-TERM OR LONG TERM PHENOMENON? Aleksandra Đorđević & Emir Zildžović, University of Belgrade - Faculty of and McKinsey&Company

3 DAY 1 15 JUNE New macroeconomic framework in the post-crisis era, Chair: Miomir Jakšić ASIATIC MODE OF PRODUCTION REVIVED MONETARY POLICY AND FINANCIAL STABILITY IN A CRISIS CONTEXT NONLINEARITIES, STRUCTURAL BREAKS AND DRIVERS OF PUBLIC DEBT DYNAMICS IN SELECTED SOUTH-EASTERN EUROPEAN COUNTRIES Miomir Jakšić, University of Belgrade - Faculty of Aleksandar Živković & Slobodan Lakić, University of Belgrade - Faculty of and Faculty of - University of Montenegro Zorica Mladenović, Milojko Arsić & Vladimir Andrić, University of Belgrade - Faculty of and Institute of Economic Sciences MONETARY POLICY AND GROWTH: LESSONS FOR CESEE COUNTRIES Dejan Šoškić, University of Belgrade - Faculty of PLEASE, MIND THE GAP: INCOME INEQUALITY IN SERBIA Gorana Krstić & Jelena Žarković Rakić, University of Belgrade - Faculty of REDISTRIBUTION IN A JOINT INCOME-WEALTH PERSPECTIVE: A CROSS- COUNTRY COMPARISON Sarah Kuypers, Francesco Figari & Gerlinde Verbist, Herman Deleeck Centre for Social Policy, University of Antwerp, University of Insubria and ISER University of Essex Inequality and growth sustainability, Chair: Jelena Žarković Rakić THE ROLE OF INEQUALITY AND COMPLEXITY IN THE LONG RUN INCOME DYNAMICS TOWARDS THE MORE INCLUSIVE GROWTH: EXTERNAL CAPITAL FLOWS AND INEQUALITY Viktor Stojkoski & Dragan Tevdovski, Research Center for Computer Science and Information Technologies, Macedonian Academy of Sciences and Arts and Faculty of University Ss. Cyril and Methodius Tatjana Stefanović, Institute Belgrade Reception Lounge, 1 st floor THE DIFFUSION OF E-SERVICES AND ECONOMIC PERFORMANCE OF WESTERN BALKAN COUNTRIES A DEA BASED APPROACH Coffee break DETERMINANTS OF FINANCIAL PERFORMANCE OF COMMERCIAL FARMS IN SERBIA: THE FADN DATA ANALYSIS BASED ON CROP PRODUCTION Đorđe Mitrović & Svetozar Tanasković, University of Belgrade - Faculty of Žaklina Stojanović & Radmila Dragutinović Mitrović, University of Belgrade - Faculty of Institutions, structural policies and sustainable growth, Chair: Milojko Arsić CREATIVE CAPACITY AND DEVELOPMENT PERFORMANCE OF EUROPEAN UNION AND WESTERN BALKAN COUNTRIES INTERDEPENDENCE ANALYSIS OF COUNTRY'S (IN)STABILITY AND ECONOMIC DEVELOPMENT, ESPECIALLY IN THE WESTERN BALKAN Biljana Jovanović Gavrilović & Mirjana Gligorić, University of Belgrade - Faculty of Gojko Rikalović & Dejan Molnar, University of Belgrade - Faculty of

4 DAY 1 15 JUNE 2017 PROSPECTS FOR MONETARY POLICY NORMALIZATION IN THE EUROZONE Đorđe Đukić, University of Belgrade - Faculty of AND BEHAVIOUR OF FINANCIAL INTERMEDIARIES VARIETIES OF ECONOMIC THEORIES: FROM THE COLLAPSE OF THE CONCEPT OF FULL-EMPLOYMENT CAPITALISM TO THE AGE OF SECULAR STAGNATION AND THE RISE OF MERCANTILISM Aleksandra Praščević, University of Belgrade - Faculty of New macroeconomic framework in the post-crisis era, Chair: Aleksandra Praščević IMPACT OF FISCAL POLICY ON FINANCIAL STABILITY INTEREST RATE PARITY PUZZLE: EMPIRICAL EVIDENCE FROM CEE COUNTRIES QUANTITATIVE EASING: IDEA, GOALS, RESULTS AND SPILLOVER EFFECTS TO BIH AND SERBIA Mirna Dumicic, Croatian National Bank Jelena Rašković & Zorica Mladenović, University of Belgrade - Faculty of Miladin Milošević, Udruženje Ideas, Bosnia and Herzegovina FINANCIAL STABILITY AS ONE OF THE AIMS OF COORDINATION BETWEEN MONETARY AND FISCAL POLICY Milutin Ješić, University of Belgrade - Faculty of ON THE EUROZONE SOVEREIGN DEBT CRISIS FROM A MULTIMODAL COGNITIVE PERSPECTIVE Nadežda Silaški & Tatjana Đurović, University of Belgrade - Faculty of SHOPPER FOCUSED RETAILING-NEW GROWTH STRATEGY Zoran Bogetić, University of Belgrade - Faculty of IMPACT OF INNOVATION ON TRADE DEVELOPMENT EVIDENCE FROM SERBIA Svetlana Sokolov Mladenović & Sreten Ćuzović, Faculty of - University of Niš Contemporary issues in trade, Chair: Dragan Stojković HOW SMARTPHONES ENABLE SUSTAINABLE RETAIL GROWTH? CUSTOMER RELATIONSHIP MANAGEMENT IN THE FUNCTION OF CREATING CUSTOMER SATISFACTION AND BRAND LOYALTY Dragan Stojković, University of Belgrade - Faculty of Marija Mandarić & Dejan Sekulić, Faculty of Hotel Management and Tourism - University of Kragujevac SHOPPER MARKETING AS A FUNCTION OF MODERN DISTRIBUTION CHANNELS Dejan Tešić, Faculty of Brčko - University of East Sarajevo Restaurant CARUSO Terazije 23/8 (8 th floor) CONFERENCE DINNER

5 DAY 2 16 JUNE Rising stars, Chair: Branko Urošević WHY ARE THERE FEWER WOMEN ENGINEERS? EVIDENCE FROM TEACHER STEREOTYPES COMMUNICATION AMONG INVESTORS MONEY MARKETS AND BORROWER TRANSPARENCY: EVIDENCE FROM DODD- FRANK ACT STRESS TESTING POLICY Rigissa Megalokonomou, University of Queensland - Australia Nemanja Antić, Kellogg School of Management - North Western University Una Savić, LSE - UK STRATEGIC FRAMEWORK FOR THE SERBIAN RETAIL AND WHOLESALE SECTOR DEVELOPMENT Goran Petković & Stipe Lovreta, University of Belgrade - Faculty of Contemporary issues in trade, Chair: Goran Petković CONSUMER PROTECTION POLICY PERFORMANCE IN EUROPEAN COUNTRIES THE CHANGING FUNCTION OF SHOPPING CENTERS IN A SATURATED MARKET Dario Dunkovic, Kosjenka Dumancic & Diana Obranovic, Faculty of and Business - University of Zagreb Blaženka Knežević, Eva Pavić & Petra Škrobot, Faculty of and Business - University of Zagreb THE CONTRIBUTION OF RETAIL CHAINS TO ENVIRONMENTAL PROTECTION Nada Barac & Aleksandra Anđelković, Faculty of - University of Niš THE GROWTH OF MULTICHANNEL APPROACH ON THE GLOBAL RETAIL ELECTRONIC MARKET Jelena Končar & Sonja Leković, Faculty of in Subotica - University of Novi Sad CORRUPTION AND FIRM PERFORMANCE IN AFRICA Derrick Abudu, University of Nottingham Contemporary issues in management and marketing, Chair: Biljana Bogićević Milikić MARKET OPPORTUNITIES FOR LOCAL MEDIA IN SERBIA AFTER PRIVATIZATION ORGANIZATIONAL DESIGN: RESOLVING THE CONFLICTS BUILT-IN MATRIX STRUCTURES THE NEW TENDENCIES IN BUSINESS ANALYTICS RELEVANT FOR MORE EFFECTIVE AND SMART BUSINESS DECISION-MAKING Galjina Ognjanov, University of Belgrade - Faculty of Biljana Bogićević Milikić, University of Belgrade - Faculty of Jasna Soldić-Aleksić & Biljana Chroneos-Krasavac, University of Belgrade - Faculty of Reception Lounge, 1 st floor Coffee break

6 DAY 2 16 JUNE 2017 PIECEMEAL MODELLING OF THE EFFECTS OF JOINT DIRECT AND INDIRECT TAX REFORMS Bart Capéau, André Decoster, Sebastiaan Maes & Toon Vanheukelom, KU Leuven Inequality and growth sustainability, Chair: Gorana Krstić MEASURING INEQUALITY IN BOSNIA AND HERZEGOVINA: FOCUSING THE PERFORMANCE OF THE PALMA INDEX IMPACT OF FISCAL CONSOLIDATION MEASURES ON INCOME INEQUALITY IN SERBIA SHARING THE GROWTH DIVIDEND: ANALYSIS OF INEQUALITY IN ASIA Ksenija Dumičić, Josipa Akalović Antić & Adela Delalić, Faculty of and Business - University of Zagreb, University of Applied Sciences VERN' Zagreb and School of and Business - University of Sarajevo Mihail Arandarenko, University of Belgrade - Faculty of Sonali Jain-Chandra, Tidiane Kinda, Kalpana Kochhar, Shi Piao & Johanna Schauer, International Monetary Fund Marko Vladisavljević, Institute for Economic Sciences, Belgrade PUBLIC SECTOR WAGE PREMIUM AND FISCAL CONSOLIDATION IN SERBIA Contemporary issues in management and marketing, Chair: Galjina Ognjanov THE ROLE OF LEAD TIME CONCEPT IN MANAGING THE FASHION SUPPLY CHAINS INFORMATION TECHNOLOGY AND SOCIAL MEDIA: THEORETIC FRAMEWORK AND INFLUENCE ON THE MEETINGS INDUSTRY THE INFLUENCE OF GENDER AND TIME DISTANCE WHILE EVALUATING THE ENTREPRENEURIAL UNDERTAKING CULTURAL DISTANCE AND ORGANIZATIONAL PERFORMANCE IN TRANSITION: POSSIBLE IMPLICATIONS OF THE GLOBE RESEARCH PROGRAM Slobodan Aćimović, Veljko M. Mijušković & Ivan Stevanović, University of Belgrade - Faculty of and Stivex, Belgrade Igor Kovačević, University of Belgrade - Faculty of Lazar Čolić & Zorica Čeliković, University of Belgrade - Faculty of Dušan Mojić, University of Belgrade - Faculty of ON IMPOSSIBILITY THEOREM TRADITION IN SCIENTIFIC HERITAGE Branislav Boričić, University of Belgrade - Faculty of Developments in quantitative modeling of economic behavior, Chair: Vesna Rajić DYNAMIC PORTFOLIO CHOICE, INFORMATION ACQUISITION AND INVESTMENT HORIZON APPLICATIONS OF DIFFERENCE EQUATIONS IN ECONOMICS. THE IMPORTANCE OF STUDYING DIFFERENCE EQUATIONS THROUGH THE MATHEMATICS COURSES FOR ECONOMICS STEPWISE BENCHMARKING MODELIN PUBLIC POLICY MODELLING Matthijs Breugem & Marija Đorđević, Frankfurt School of Finance and Management and University of Belgrade - Faculty of Jelena Stanojević & Katarina Kukić, University of Belgrade - Faculty of and Faculty of Traffic and Transport Engineering University of Belgrade Mladen Stamenković, Marijana Petrović & Nataša Bojković, University of Belgrade - Faculty of and Faculty of Transport and Transport Engineering - University of Belgrade Ivana Ivković & Vesna Rajić, University of Belgrade - Faculty of CONFIDENCE INTERVALS FOR THE REGRESSION COEFFICIENT

7 DAY 2 16 JUNE FINANCING GROWTH IN SOUTHEASTERN EUROPE, LESSONS FROM ECONOMIC HISTORY restaurant at the 7 th floor Lunch break IMPACT OF GREENFIELD AND BROWNFIELD FDI INFLOWS ON ECONOMIC GROWTH IN CENTRAL AND EASTERN EUROPEAN COUNTRIES Special lecture: John Lampe, University of Maryland Yilmaz Bayar, Faculty of and Administrative Sciences - Usak University COMMERCIAL BANKS' BEHAVIOR IN CORPORATE REORGANIZATIONS Branko Radulović, Faculty of Law - University of Belgrade Institutions, structural policies and sustainable growth, Chair: Mirjana Gligorić A LEGAL ANALYSIS OF TAX IMMUNITIES AS ECONOMIC POLICY TOOLS IN SERBIA ECONOMIC GROWTH AND DEVELOPMENT IN THE STATES OF THE FORMER YUGOSLAVIA THE NEW ORIENTATION OF THE EUROPEAN UNION INDUSTRIAL POLICY Svetislav Kostić, Faculty of Law - University of Belgrade Ivan Vujačić, Jelica Petrović-Vujačić, Svetozar Tanasković & Marko Miljković, University of Belgrade - Faculty of and Faculty of Transport and Traffic Engineering - University of Belgrade Milena Lutovac, University of Belgrade - Faculty of SUBSIDIZING (FOREIGN) DIRECT INVESTMENTS EFFICIENCY ANALYSIS WITH DEA THE IMPACT OF DEMOGRAPHIC CHANGES ON THE SUSTAINABILITY OF THE LABOR FORCE IN SERBIA Veljko Bojović, University of Belgrade - Faculty of Biljana Radivojević & Biljana Jovanović Gavrilović, University of Belgrade - Faculty of Labour market performances: measurement and policies, Chair: Mihail Arandarenko YOUTH SURVIVAL ON THE LABOUR MARKET: COMPARATIVE EVIDENCE FROM THREE WESTERN BALKAN ECONOMIES INACTIVE YOUTH IN TURKEY:GENDER AND REGIONAL GAPS THE EFFECT OF EMPLOYMENT PROTECTION LEGISLATION (EPL) ON MARKETS WITH DIFFERENT LEVEL OF COMPETITION Nikica Mojsoska Blazevski, Marjan Petreski & Marjan Bojadziev, University American College Skopje Alper Duman, Izmir University of Dejan Trifunović & Maja Jandrić, University of Belgrade - Faculty of ARE THE UNEMPLOYED AND INACTIVE FINANCIALLY TRAPPED: EVIDENCE FROM SERBIA Aleksandra Anić & Gorana Krstić, University of Belgrade - Faculty of

8 DAY 2 16 JUNE 2017 SPECIFICS OF INSURANCE PRODUCT PRICE FORMATION Jelena Kočović, Tatjana Rakonjac Antić & Marija Koprivica, University of Belgrade - Faculty of MARKET RISK MANAGEMENT IN A POST-BASEL II REGULATORY ENVIRONMENT Branko Urošević, University of Belgrade Faculty of Financing growth: role of financial markets and institutions, Chair: Dejan Šoškić BANKING UNION AS SHOCK ABSORBER MYTH OR POSSIBILITY? WHAT SLICE OF THE PIE? THE CORPORATE BOND MARKET BOOM IN EMERGING ECONOMIES MY SHIPS COME HOME A MONTH BEFORE THE DAY: VENETIAN PUBLIC DEBT SERVICING AND PRECIOUS METALS FROM THE BALKANS Ivana Ribać, Università Cattolica del Sacro Cuore Diana Ayala, Milan Nedeljković & Christian Saborowski, International Monetary Fund and National Bank of Serbia Miloš Božović, University of Belgrade - Faculty of SHADOW BANKING IMPACT ON FINANCIAL STABILITY Irena Janković, Svetlana Popović & Velimir Lukić, University of Belgrade - Faculty of Reception Lounge, 1 st floor Coffee break Financing growth: role of financial markets and institutions, Chair: Miloš Božović BAD BANK: THE CASE OF SLOVENIA THE POSSIBILITY OF FURTHER DEVELOPMENT OF FINANCIAL DERIVATIVES MARKET IN THE REPUBLIC OF SERBIA FINANCIAL NETWORKS ANALYSIS AND BANKING SYSTEMS OF THE WESTERN BALKAN COUNTRIES ANALYSIS OF THE PUBLIC-PRIVATE PARTNERSHIP MARKET IN THE WESTERN BALKAN REGION: LESSONS LEARNED AND PERSPECTIVES Dušan Jovanovič & Sabina Taskar Beloglavec, Faculty of and Business - University of Maribor Marija Radulović, Faculty of - University of Kragujevac, PhD candidate Dražen Cvijanović, University of Belgrade - Faculty of (PhD candidate) Slađana Sredojević, Institute of Economic Sciences in Belgrade Green growth, Chair: Dejan Molnar ЕFFICIENCY OF THEREFUND SYSTEM OF NITROGEN OXIDESEMISSIONS CHARGE IN THE KINGDOM OF SWEDEN AWARENESS OF ENVIRONMENTAL ACCOUNTING: CASE STUDY OF SLOVENIA Jadranka Đurović Todorović, Marina Đorđević & Miloš Stojanović, Faculty of - University of Niš Lidija Hauptman, Andreja Lutar Skerbinjek & Matjaž Denac, Faculty of and Business - University of Maribor

9 DAY 2 16 JUNE 2017 SERBIA'S FOREIGN TRADE NETWORK IN THE PERIOD Jelena Kozomara, University of Belgrade - Faculty of International trade and sustainable growth, Chair: Predrag Bjelić INTERNATIONAL TRADE OF WESTERN BALKANS: GAINS AND LOSSES FROM BEING OUTSIDE THE EU EU AND CEFTA 2006 TRADE BARRIERS: CONTEMPORARY MEASUREMENT CONCEPTS EXPORT BARRIERS PERCEPTION IN SERBIAN FIRMS LESSONS FOR POLICY MAKERS AND MANAGERS LIBERALISATION OF TRADE IN SERVICES AND ECONOMIC DEVELOPMENT WITHIN CEFTA MACROECONOMIC EFFECTS OF VOCATIONAL EDUCATION AND TRAINING Tomasz Grodzicki, Nicolaus Copernicus - University in Toruń Predrag Bjelić, Radmila Dragutinović Mitrović & Ivana Popović Petrović, University of Belgrade - Faculty of Sanja Mitić, Božidar Cerović & Mirjana Gligorijević, University of Belgrade - Faculty of Ivana Prica, University of Belgrade - Faculty of Todor Spariosu & Biljana Bodroski Spariosu, Non-affiliated economic consultant and Faculty od Philosophy- University of Belgrade Joksimović Ljubinka & Vuksanović Nemanja, University of Belgrade - Faculty of PRESCHOOL EDUCATION AS A DETERMINANT OF EDUCATIONAL ATTAINMENT:UNCONDITIONAL QUANTILE REGRESSION AND PROBIT ANALYSIS FOR SERBIA IMPORTANCE OF INNOVATIONS FOR ENHANCE OF COMPETITIVE POSITION OF SERBIA AND WESTERN BALKAN REGION DRIVERS AND OBSTACLES OF THE FULL COSTING IMPELMENATION AT HIGHER EDUCATION INSTITUTIONS GEOGRAPHIC INFORMATION SYSTEMS AND ECONOMY A NEW TECHNOLOGY FOR SUSTAINABLE DEVELOPMENT? THE POSITION OF WOMEN IN THE ACADEMIC HIERARCHY: CASE STUDY OF SERBIA TOWARDS IMPROVEMENTS OF CORPORATE GOVERNANCE INSTATE-OWNED ENTERPRISES IN SERBIA: HOW CAN A SYMBIOSIS BETWEEN A BETTER BOARD STRUCTURING AND A GOOD INTERNAL CONTROL HELP? SUSTAINABLE DEVELOPMENT A CHALLENGE OR AN OBSTACLE FOR CORPORATE GOVERNANCE CORPORATE GOVERNANCE IN PUBLIC ENTERPRISES IN SERBIA Milorad Filipović & Miroljub Nikolić, University of Belgrade - Faculty of and Ministry of Economy -Republic of Serbia Martina Dragija, Faculty of and Business - University of Zagreb Emilija Manić, University of Belgrade - Faculty of Education, innovation and growth, Chair: Đorđe Mitrović Slavica Manić, University of Belgrade - Faculty of Ana Aleksić Mirić, Miroslav Todorović & Nebojša Janićijević, University of Belgrade - Faculty of Room no. 15 (1 st floor) Corporate governance, financial reporting and business ethics, Chair: Ana Aleksić Mirić THE EFFECT OF BUDGETING PROCESS CHARACTERISTICS ON SUBORDINATE MANAGERS PROPENSITY TO CREATE BUDGETARY SLACK COST ACCOUNTING AS A RELIABLE INFORMATION SOURCE FOR THE COMPANY MANAGEMENT Andreja Primec & Jernej Belak, Faculty of and Business - University of Maribor Dragan Lončar & Filip Stojanović, University of Belgrade - Faculty of Amira Pobrić, Faculty of Brčko - University of East Sarajevo Radmila Jablan Stefanović & Vladan Knežević, University of Belgrade - Faculty of

10 DAY 3 17 JUNE 2017 THE EFFECTIVENESS OF HIGHER EDUCATION& LABOUR MARKET SYSTEMS IN THE WESTERN BALKANS: A PRECONDITION FOR SMART GROWTH POLICIES IN THE REGION Will Bartlett & Milica Uvalić, London School of and Political Science and University of Perugia Education, innovation and growth, Chair: Emilija Manić THE ROLE OF UNIVERSITIES IN PROMOTING HIGH-TECH ENTREPRENEURSHIP IN BOSNIA & HERZEGOVINA ON THE EFFECTS OF INTERDISCIPLINARITY AS A DRIVER OF GROWTH FOR INNOVATIONS IN EDUCATION UND ECONOMY EXEMPLIFIED BY THE FOUNDING OF THE NEW HAMM-LIPPSTADT UNIVERSITY OF APPLIED SCIENES IN GERMANY Jovo Ateljević & Donato Iacobucci, Department of Business, Management and Marketing - University of Banja Luka and Department of Information Engineering - Università Politecnicadelle Marche Klaus Zeppenfeld, Hamm-Lippstadt University of Applied Science WHAT IS THE ROLE OF INNOVATION IN PRODUCTIVITY GROWTH IN EUROPEIN TIMES OF CRISIS? Katerina Tosevska-Trpcevska, Elena Makrevska Disoska, Dragan Tevdovski & Viktor Stojkoski, Faculty of University Ss. Cyril and Methodius and Macedonian Academy for Sciences and Arts MECHANISM DESIGN IN ACADEMIC EDUCATION: CASE STUDY OF SERBIA Dragan Azdejković, Dušan Marković & Danica Jović, University of Belgrade - Faculty of WHAT SHOULD BE KNOWN BEFORE TRANSITION TO THE ACCRUAL BASIS OF ACCOUNTING IN THE PUBLIC SECTOR ENTITIES IN REPUBLIC OF SERBIA? Danica Jović, University of Belgrade - Faculty of Corporate governance, financial reporting and business ethics, Chair: Miroslav Todorović PRICE-TO-BOOK VALUE IN THE SOUTHEAST EUROPE THE IMPACT OF INTERNALLY GENERATED GOODWILL ON PROFITABILITY AND SOLVENCY A CASE STUDY OF COMMERCIAL BANKS IN SERBIA Milan Glišić, University of Belgrade - Faculty of Milutin Živanović & Siniša Radić, University of Belgrade - Faculty of DIVIDEND SHOCKS AND STOCK RETURNS: AN EXPERIMENTAL STUDY Dragana Draganac, University of Belgrade - Faculty of Closing ceremony THE WESTERN BALKANS: THE CHALLENGES OF LONG-TERM GROWTH Special lecture: Milica Uvalić, University of Perugia Conference summary and farewell

11 NOTE: Interested authors of the accepted abstracts will be invited to select one of the publication options: to submit the whole paper for publication in the Conference proceedings (deadline for sending the full paper August 31, 2017); or to submit the paper for publication in one of journals of the Faculty of in Belgrade: Economic Annals;, Economic Ideas and Practice; or Marketing ( *Authors can also present their abstract at the Conference without publishing the paper in any of the publications. *Division of time: 20 minutes per presenter (15 minutes for discussants, 5 min. for discussion) *Presenters are kindly asked to bring their presentations on a portable storage device (USB flash drive) and have them uploaded to one of the computers at the registration desks. WiFi information Network name: Ekonomski fakultet Password: ekof80211 Supported by: