Journal of Contemporary Economic and Business Issues

Transcription

1 UDC 33 Print ISSN Online ISSN Ss. CYRIL AND METHODIUS UNIVERSITY IN SKOPJE FACULTY OF ECONOMICS - SKOPJE Journal of Contemporary Economic and Business Issues JCEBI, Vol.1 (2014) No.1, pp.. 1

2 UDC 33 Print ISSN Online ISSN Ss. CYRIL AND METHODIUS UNIVERSITY IN SKOPJE FACULTY OF ECONOMICS - SKOPJE Journal of Contemporary Economic and Business Issues

3 Journal of Contemporary Economic and Business Issues UDC 33 Print ISSN Online ISSN Publisher Ss. Cyril and Methodius University in Skopje Faculty of Economics Skopje Blvd. Goce Delcev 9V 1000 Skopje Telephone: Fax: contact@eccf.ukim.edu.mk Editor-in-Chief Secretary Assistant Editor Editorial Board Proofreaders Produced Computer and technical processing Vesna Bucevska, Ss.Cyril and Methodius University in Skopje, Faculty of Economics Skopje, Macedonia Aleksandar Naumoski, Ss.Cyril and Methodius University in Skopje, Faculty of Economics Skopje, Macedonia Borce Trenovski, Ss.Cyril and Methodius University in Skopje, Faculty of Economics Skopje, Macedonia Saso Arsov, Ss.Cyril and Methodius University in Skopje, Faculty of Economics Skopje, Macedonia Jurij Bajec, University of Belgrade, Faculty of Economics, Serbia Milford Bateman, Freelance consultant on local economic development, UK Josef Brada, Arizona State University, USA Shkelqim Cani, University of Tirana, Faculty of Economics and Business, Albania Bozidar Cerovic, University of Belgrade, Faculty of Economics, Serbia Ljubomir Drakulevski, Ss.Cyril and Methodius University in Skopje, Faculty of Economics Skopje, Macedonia Taki Fiti, Ss.Cyril and Methodius University in Skopje, Faculty of Economics Skopje, Macedonia Sulo Haderi, University of Tirana, Faculty of Economics and Business, Albania Iraj Hashi, Bussines School Staffordshire University Leek Rd., UK Nevenka Hrovatin, University of Ljubljana, Faculty of Economics, Slovenia Francis Ille, International University of Monaco, Monaco Kosta Josifidis, University of Novi Sad, Faculty of Economics, Subotica, Serbia Radmila Jovancevic, University of Zagreb, Faculty of Economics and Business, Croatia Vinko Kandzija, University of Rijeka, Faculty of Economics, Croatia Mirjana Kljajic Borstnar, University of Maribor, Faculty of Organizational Sciences, Slovenia Nikola Knego, University of Zagreb, Faculty of Economics and Business, Croatia Ivan Milenkovic, University of Pristina, Faculty of Economics, Kosovska Mitrovica Alberto Muñoz Garcia, Universidad Carlos III de Madrid, Spain Mihai Mutascu, West University of Timisoara, Faculty of Economics and Business Administration, Timisoara, Romania Andreja Pucihar, University of Maribor, Faculty of Organizational Sciences, Slovenia Branko Rakita, University of Belgrade, Faculty of Economics, Serbia Ina Simonovska, University of California-Davis, USA Metka Tekavcic, University of Ljubljana, Faculty of Economics, Slovenia Mile Terziovski, University of South Australia Bussines School, Australia Edvard Tijan, University of Rijeka, Faculty of Maritame Studies, Croatia Renata Vitez, Director at CEFTA Secretariat ESP razvoj i upravuvanje na čovečki resursi DOO Skopje 100 copies, semi annually Kosta Abras AD Ohrid

4 Journal of Contemporary Economic and Business Issues CONTENTS Ljube Jolevski Non-performing loans and profitability indicators: the case of the Republic of Macedonia 5 Emenike Kalu O. Analysis of sectors in Nigeria stock market: evidence from correlation, serial correlation, and heteroscedasticity 21 Aleksandra Mladenoska The impact of dividend policy on share price volatility in the Macedonian stock market 37 Goran Mojanoski Marko Georgievski Viktor Mitevski Viktor Stojkoski The interdependent relationship between the types of investments and income in Republic of Macedonia 51 Péter Juhász Subnational regional competitiveness: analysis of Hungarian manufacturing firms 63 Ágnes Tokár-Szadai Changes in the satisfaction with consulting services according to the opinion of entrepreneurs in north-eastern Hungary Desislava Varadzhakova Analysis of the tourists flows to Bulgaria from the neighboring emitting markets 97

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