TY  - JOUR
AU  - Zivkov, Dejan
AU  - Njegić, Jovan
AU  - Zakić, Vladimir
PY  - 2020
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/5334
AB  - This paper strives to analyze hedging strategies between Brent oil and six other heterogeneous assets - American ten-year bonds, US dollars, gold, natural gas futures, corn futures, and Europe, Australasia and Far East exchange-traded funds (EAFE-ETFs) - observing five wavelet time horizons and considering three different risk metrics: variance, value-at-risk (VaR) and conditional value-at-risk (CVaR). We construct two-asset portfolios, whereby conditional variances and covariances are obtained via a bivariate rolling dynamic conditional correlation-generalized autoregressive conditional heteroscedasticity (DCC-GARCH) model. Results indicate that gold is the best combination with Brent for minimum-variance investors, while the Brent-natural gas pair produces the worst minimum-variance results due to the very high unconditional variance of gas. As for VaR and CVaR results, we find that Brent with gold gives relatively good outcomes, but the portfolio with gas heavily outperforms the portfolio with gold when one views longer time horizons. This happens because the Brent-gas portfolio has very low skewness and kurtosis on longer time horizons compared with the unhedged portfolio, and these characteristics favor good VaR and CVaR results. These findings could help global portfolio managers and investors who seek various ways to diversify their Brent oil investments, who act on different time horizons, and who target different risk-minimizing goals.
PB  - Incisive Media, London
T2  - Journal of Risk
T1  - Empirical analysis of oil risk-minimizing portfolios: the DCC-GARCH-MODWT approach
EP  - 91
IS  - 3
SP  - 65
VL  - 22
DO  - 10.21314/JOR.2020.425
ER  - 

@article{
author = "Zivkov, Dejan and Njegić, Jovan and Zakić, Vladimir",
year = "2020",
abstract = "This paper strives to analyze hedging strategies between Brent oil and six other heterogeneous assets - American ten-year bonds, US dollars, gold, natural gas futures, corn futures, and Europe, Australasia and Far East exchange-traded funds (EAFE-ETFs) - observing five wavelet time horizons and considering three different risk metrics: variance, value-at-risk (VaR) and conditional value-at-risk (CVaR). We construct two-asset portfolios, whereby conditional variances and covariances are obtained via a bivariate rolling dynamic conditional correlation-generalized autoregressive conditional heteroscedasticity (DCC-GARCH) model. Results indicate that gold is the best combination with Brent for minimum-variance investors, while the Brent-natural gas pair produces the worst minimum-variance results due to the very high unconditional variance of gas. As for VaR and CVaR results, we find that Brent with gold gives relatively good outcomes, but the portfolio with gas heavily outperforms the portfolio with gold when one views longer time horizons. This happens because the Brent-gas portfolio has very low skewness and kurtosis on longer time horizons compared with the unhedged portfolio, and these characteristics favor good VaR and CVaR results. These findings could help global portfolio managers and investors who seek various ways to diversify their Brent oil investments, who act on different time horizons, and who target different risk-minimizing goals.",
publisher = "Incisive Media, London",
journal = "Journal of Risk",
title = "Empirical analysis of oil risk-minimizing portfolios: the DCC-GARCH-MODWT approach",
pages = "91-65",
number = "3",
volume = "22",
doi = "10.21314/JOR.2020.425"
}

Zivkov, D., Njegić, J.,& Zakić, V.. (2020). Empirical analysis of oil risk-minimizing portfolios: the DCC-GARCH-MODWT approach. in Journal of Risk
Incisive Media, London., 22(3), 65-91.
https://doi.org/10.21314/JOR.2020.425

Zivkov D, Njegić J, Zakić V. Empirical analysis of oil risk-minimizing portfolios: the DCC-GARCH-MODWT approach. in Journal of Risk. 2020;22(3):65-91.
doi:10.21314/JOR.2020.425 .

Zivkov, Dejan, Njegić, Jovan, Zakić, Vladimir, "Empirical analysis of oil risk-minimizing portfolios: the DCC-GARCH-MODWT approach" in Journal of Risk, 22, no. 3 (2020):65-91,
https://doi.org/10.21314/JOR.2020.425 . .

TY  - JOUR
AU  - Zakić, Vladimir
AU  - Nikolić, Marija
PY  - 2018
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/4822
AB  - Co-operatives in the most developed European countries have a tradition of over 150 years, and among first cooperatives founded in the middle of the 19th century were those on the territory of today's Serbia. Until the beginning of the Second World War, Serbia had a developed and successful cooperative system. In the post-war period, there was a degradation of co-operative system and its departure from the basic cooperative values and principles. The transition period during the 1990s brought new problems through privatization and the creation of unresolved cooperative property. The first visible progress in the development of modern Serbian co-operatives was achieved in 2017 through the introduction of state support to existing and new cooperatives in the amount of 200 million dinars. The initial results indicated that this relatively modest financial state support resulted in establishment of significant number of new cooperatives. Accordingly, more than 800 million dinars were allocated from the budget in 2018 to support the development of co-operatives. Significantly increased state support imposes the issue of budget control and preventing potential misuse, such as the establishment of 'false' co-operatives solely for the purpose of receiving financial support. Possible embezzlement could cause in the future the suspension of state support to cooperatives, which can be prevented primarily through the improvement of the cooperative audit system.
AB  - Zadrugarstvo u danas najrazvijenijim evropskim državama ima tradiciju od preko 150 godina, a među prvim zadrugama koje su osnivane sredinom 19. veka bile su i one na teritoriji današnje Srbije. Do početka Drugog svetskog rata, Srbija je imala razvijen i uspešan zadružni sistem. U periodu nakon rata, došlo je do degradacije zadrugarstva i njegovog udaljavanja od osnovnih zadružnih vrednosti i principa. Period tranzicije tokom 1990-ih doneo je nove probleme kroz privatizaciju i stvaranje nerešenog pitanja zadružne imovine. Prvi vidljiv pomak u razvoju savremenog srpskog zadrugarstva ostvaren je tokom 2017. godine kroz uvođenje državne podrške postojećim i novim zadrugama u iznosu od oko 200 miliona dinara. Početni rezultati ukazuju na to da je ova relativno skromna finansijska pomoć države rezultirala osnivanjem značajnog broja novih zadruga. U skladu sa tim, za podršku razvoja zadrugarstva u 2018. godini iz budžeta je dodeljeno preko 800 miliona dinara. Značajno uvećana državna podrška nameće pitanje kontrole trošenja sredstava i sprečavanja potencijalnih zloupotreba, kao što je osnivanje 'lažnih' zadruga isključivo u cilju dobijanja novčanih sredstava. Eventualne pronevere ili nenamensko trošenje mogli bi u budućnosti uzrokovati obustavljanje državne podrške zadrugarstvu, što se može sprečiti, pre svega, kroz unapređenje sistema zadružne revizije.
PB  - Visoka poslovna škola strukovnih studija, Novi Sad
T2  - Škola biznisa
T1  - State financial support to cooperatives in Serbia
T1  - Finansijska podrška države zadrugama u Srbiji
EP  - 174
IS  - 1
SP  - 158
DO  - 10.5937/skolbiz1-19686
ER  - 

@article{
author = "Zakić, Vladimir and Nikolić, Marija",
year = "2018",
abstract = "Co-operatives in the most developed European countries have a tradition of over 150 years, and among first cooperatives founded in the middle of the 19th century were those on the territory of today's Serbia. Until the beginning of the Second World War, Serbia had a developed and successful cooperative system. In the post-war period, there was a degradation of co-operative system and its departure from the basic cooperative values and principles. The transition period during the 1990s brought new problems through privatization and the creation of unresolved cooperative property. The first visible progress in the development of modern Serbian co-operatives was achieved in 2017 through the introduction of state support to existing and new cooperatives in the amount of 200 million dinars. The initial results indicated that this relatively modest financial state support resulted in establishment of significant number of new cooperatives. Accordingly, more than 800 million dinars were allocated from the budget in 2018 to support the development of co-operatives. Significantly increased state support imposes the issue of budget control and preventing potential misuse, such as the establishment of 'false' co-operatives solely for the purpose of receiving financial support. Possible embezzlement could cause in the future the suspension of state support to cooperatives, which can be prevented primarily through the improvement of the cooperative audit system., Zadrugarstvo u danas najrazvijenijim evropskim državama ima tradiciju od preko 150 godina, a među prvim zadrugama koje su osnivane sredinom 19. veka bile su i one na teritoriji današnje Srbije. Do početka Drugog svetskog rata, Srbija je imala razvijen i uspešan zadružni sistem. U periodu nakon rata, došlo je do degradacije zadrugarstva i njegovog udaljavanja od osnovnih zadružnih vrednosti i principa. Period tranzicije tokom 1990-ih doneo je nove probleme kroz privatizaciju i stvaranje nerešenog pitanja zadružne imovine. Prvi vidljiv pomak u razvoju savremenog srpskog zadrugarstva ostvaren je tokom 2017. godine kroz uvođenje državne podrške postojećim i novim zadrugama u iznosu od oko 200 miliona dinara. Početni rezultati ukazuju na to da je ova relativno skromna finansijska pomoć države rezultirala osnivanjem značajnog broja novih zadruga. U skladu sa tim, za podršku razvoja zadrugarstva u 2018. godini iz budžeta je dodeljeno preko 800 miliona dinara. Značajno uvećana državna podrška nameće pitanje kontrole trošenja sredstava i sprečavanja potencijalnih zloupotreba, kao što je osnivanje 'lažnih' zadruga isključivo u cilju dobijanja novčanih sredstava. Eventualne pronevere ili nenamensko trošenje mogli bi u budućnosti uzrokovati obustavljanje državne podrške zadrugarstvu, što se može sprečiti, pre svega, kroz unapređenje sistema zadružne revizije.",
publisher = "Visoka poslovna škola strukovnih studija, Novi Sad",
journal = "Škola biznisa",
title = "State financial support to cooperatives in Serbia, Finansijska podrška države zadrugama u Srbiji",
pages = "174-158",
number = "1",
doi = "10.5937/skolbiz1-19686"
}

Zakić, V.,& Nikolić, M.. (2018). State financial support to cooperatives in Serbia. in Škola biznisa
Visoka poslovna škola strukovnih studija, Novi Sad.(1), 158-174.
https://doi.org/10.5937/skolbiz1-19686

Zakić V, Nikolić M. State financial support to cooperatives in Serbia. in Škola biznisa. 2018;(1):158-174.
doi:10.5937/skolbiz1-19686 .

Zakić, Vladimir, Nikolić, Marija, "State financial support to cooperatives in Serbia" in Škola biznisa, no. 1 (2018):158-174,
https://doi.org/10.5937/skolbiz1-19686 . .

TY  - JOUR
AU  - Nikolić, Marija
AU  - Zakić, Vladimir
AU  - Tasić, Vladimir
PY  - 2018
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/4876
AB  - Savings and credit cooperatives are one of the earliest type of cooperatives, present since the time of the first organizations of this type in the world. Even today, they are an inevitable segment of the cooperative sector in almost all countries with the developed cooperative movement, except in Serbia. The paper presents the emergence and development of savings and credit cooperatives in Serbia, with a special emphasis on the last two decades and the reasons for the complete elimination of these specific types of non-banking financial organizations. The paper analyzes the problems in the functioning of savings and credit cooperatives and the factors that led to their neglect, exclusion from the cooperative sector and complete disappearance. In this respect, the changes in the legal framework during the transition period have been described in more detail, having resulted in the abolition of all forms of microfinance organizations, including savings and credit departments that operated within other types of cooperatives, and credit cooperatives. Finally, the paper highlights the need for the existence of such organisations, suggesting the models for their re-establishment, identifying the obstacles and proposing the measures on how to overcome them.
AB  - Jedan od pojavnih oblika zadruga, prisutan od vremena nastanka prvih organizacija ovog tipa u svetu, jesu štedno-kreditne zadruge. One i danas čine nezaobilazan segment zadružnog sektora gotovo svih zemalja sa razvijenim zadrugarstvom, osim u Srbiji. U radu je prikazan nastanak i razvoj štedno-kreditnih zadruga u Srbiji, sa posebnim akcentom na poslednje dve decenije i razloge potpunog eliminisanja ovih specifičnih vrsta nebankarskih finansijskih organizacija. Analizirani su problemi u funkcionisanju štedno-kreditnih zadruga, kao i faktori koje su doveli do njihovog zanemarivanja, isključivanja iz zadružnog sektora i potpunog nestanka. U tom smislu, detaljnije su opisane promene u zakonskom okviru tokom tranzicionog perioda, koje su rezultirale ukidanjem svih oblika mikrofinansijskih organizacija, uključujući i štedno-kreditne službe koje su funkcionisale u okviru drugih vrsta zadruga, kao i štedno-kreditnih zadruga. Konačno, istaknuta je potreba postojanja i predloženi modeli za ponovno uspostavljanje ovih organizacija, identifikovane osnovne prepreke i predložene mere za njihovo prevazilaženje.
PB  - Udruženje banaka Srbije, Beograd
T2  - Bankarstvo
T1  - Revitalization of credit cooperatives in Serbia
T1  - Revitalizacija štedno- kreditnih zadruga u Srbiji
EP  - 91
IS  - 2
SP  - 70
VL  - 47
DO  - 10.5937/bankarstvo1802070N
ER  - 

@article{
author = "Nikolić, Marija and Zakić, Vladimir and Tasić, Vladimir",
year = "2018",
abstract = "Savings and credit cooperatives are one of the earliest type of cooperatives, present since the time of the first organizations of this type in the world. Even today, they are an inevitable segment of the cooperative sector in almost all countries with the developed cooperative movement, except in Serbia. The paper presents the emergence and development of savings and credit cooperatives in Serbia, with a special emphasis on the last two decades and the reasons for the complete elimination of these specific types of non-banking financial organizations. The paper analyzes the problems in the functioning of savings and credit cooperatives and the factors that led to their neglect, exclusion from the cooperative sector and complete disappearance. In this respect, the changes in the legal framework during the transition period have been described in more detail, having resulted in the abolition of all forms of microfinance organizations, including savings and credit departments that operated within other types of cooperatives, and credit cooperatives. Finally, the paper highlights the need for the existence of such organisations, suggesting the models for their re-establishment, identifying the obstacles and proposing the measures on how to overcome them., Jedan od pojavnih oblika zadruga, prisutan od vremena nastanka prvih organizacija ovog tipa u svetu, jesu štedno-kreditne zadruge. One i danas čine nezaobilazan segment zadružnog sektora gotovo svih zemalja sa razvijenim zadrugarstvom, osim u Srbiji. U radu je prikazan nastanak i razvoj štedno-kreditnih zadruga u Srbiji, sa posebnim akcentom na poslednje dve decenije i razloge potpunog eliminisanja ovih specifičnih vrsta nebankarskih finansijskih organizacija. Analizirani su problemi u funkcionisanju štedno-kreditnih zadruga, kao i faktori koje su doveli do njihovog zanemarivanja, isključivanja iz zadružnog sektora i potpunog nestanka. U tom smislu, detaljnije su opisane promene u zakonskom okviru tokom tranzicionog perioda, koje su rezultirale ukidanjem svih oblika mikrofinansijskih organizacija, uključujući i štedno-kreditne službe koje su funkcionisale u okviru drugih vrsta zadruga, kao i štedno-kreditnih zadruga. Konačno, istaknuta je potreba postojanja i predloženi modeli za ponovno uspostavljanje ovih organizacija, identifikovane osnovne prepreke i predložene mere za njihovo prevazilaženje.",
publisher = "Udruženje banaka Srbije, Beograd",
journal = "Bankarstvo",
title = "Revitalization of credit cooperatives in Serbia, Revitalizacija štedno- kreditnih zadruga u Srbiji",
pages = "91-70",
number = "2",
volume = "47",
doi = "10.5937/bankarstvo1802070N"
}

Nikolić, M., Zakić, V.,& Tasić, V.. (2018). Revitalization of credit cooperatives in Serbia. in Bankarstvo
Udruženje banaka Srbije, Beograd., 47(2), 70-91.
https://doi.org/10.5937/bankarstvo1802070N

Nikolić M, Zakić V, Tasić V. Revitalization of credit cooperatives in Serbia. in Bankarstvo. 2018;47(2):70-91.
doi:10.5937/bankarstvo1802070N .

Nikolić, Marija, Zakić, Vladimir, Tasić, Vladimir, "Revitalization of credit cooperatives in Serbia" in Bankarstvo, 47, no. 2 (2018):70-91,
https://doi.org/10.5937/bankarstvo1802070N . .

TY  - JOUR
AU  - Zakić, Vladimir
AU  - Nikolić, Marija
AU  - Tasić, Vladimir
PY  - 2018
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/4817
AB  - The specificity of the cooperative is reflected in the goals of the business, whereby the primary goal of the cooperative is to satisfy the different needs of members, and not to gain profit. Therefore, the cooperative audit should be aimed at checking whether the general objectives have been achieved, and whether the management decisions are in line with these objectives. In this way, the process of managing a cooperative is also examined to determine whether the social objectives of the members are realized along with the financial or economic objectives. By adopting the new Law on Cooperatives in Serbia at the end of 2015, only frameworks for the establishment of a modern system of cooperative audit are set, which must be supplemented by appropriate changes to the regulations and by adopting a unique methodology for conducting this audit.
AB  - Specifičnost zadruga ogleda se u ciljevima poslovanja, pri čemu je primarni cilj zadruge zadovoljenje različitih potreba članova, a ne sticanje profita. Usled toga i zadružna revizija treba da bude usmerena ka proveri ostvarenja opštih ciljeva poslovanja, kao i da li su odluke menadžmenta u skladu sa ovim ciljevima. Time se ispituje i proces upravljanja zadrugom radi provere da li se uporedo sa finansijskim ili ekonomskim ciljevima ostvaruju i socijalni ciljevi članova. Usvajanjem novog Zakona o zadrugama u Srbiji krajem 2015. godine postavljeni su samo okviri uspostavljanja savremenog sistema zadružne revizije, koji moraju biti dopunjeni odgovarajućim izmenama regulative i prihvatanjem jedinstvene metodologije vršenja ove revizije. .
PB  - Institut za ekonomiku i finansije, Beograd
T2  - Revizor
T1  - The possibilities of improving the regulative and methodology of the cooperative audit in Serbia
T1  - Mogućnosti unapređenja regulative i metodologije zadružne revizije u Srbiji
EP  - 69
IS  - 82
SP  - 59
VL  - 21
DO  - 10.5937/Rev1882059Z
ER  - 

@article{
author = "Zakić, Vladimir and Nikolić, Marija and Tasić, Vladimir",
year = "2018",
abstract = "The specificity of the cooperative is reflected in the goals of the business, whereby the primary goal of the cooperative is to satisfy the different needs of members, and not to gain profit. Therefore, the cooperative audit should be aimed at checking whether the general objectives have been achieved, and whether the management decisions are in line with these objectives. In this way, the process of managing a cooperative is also examined to determine whether the social objectives of the members are realized along with the financial or economic objectives. By adopting the new Law on Cooperatives in Serbia at the end of 2015, only frameworks for the establishment of a modern system of cooperative audit are set, which must be supplemented by appropriate changes to the regulations and by adopting a unique methodology for conducting this audit., Specifičnost zadruga ogleda se u ciljevima poslovanja, pri čemu je primarni cilj zadruge zadovoljenje različitih potreba članova, a ne sticanje profita. Usled toga i zadružna revizija treba da bude usmerena ka proveri ostvarenja opštih ciljeva poslovanja, kao i da li su odluke menadžmenta u skladu sa ovim ciljevima. Time se ispituje i proces upravljanja zadrugom radi provere da li se uporedo sa finansijskim ili ekonomskim ciljevima ostvaruju i socijalni ciljevi članova. Usvajanjem novog Zakona o zadrugama u Srbiji krajem 2015. godine postavljeni su samo okviri uspostavljanja savremenog sistema zadružne revizije, koji moraju biti dopunjeni odgovarajućim izmenama regulative i prihvatanjem jedinstvene metodologije vršenja ove revizije. .",
publisher = "Institut za ekonomiku i finansije, Beograd",
journal = "Revizor",
title = "The possibilities of improving the regulative and methodology of the cooperative audit in Serbia, Mogućnosti unapređenja regulative i metodologije zadružne revizije u Srbiji",
pages = "69-59",
number = "82",
volume = "21",
doi = "10.5937/Rev1882059Z"
}

Zakić, V., Nikolić, M.,& Tasić, V.. (2018). The possibilities of improving the regulative and methodology of the cooperative audit in Serbia. in Revizor
Institut za ekonomiku i finansije, Beograd., 21(82), 59-69.
https://doi.org/10.5937/Rev1882059Z

Zakić V, Nikolić M, Tasić V. The possibilities of improving the regulative and methodology of the cooperative audit in Serbia. in Revizor. 2018;21(82):59-69.
doi:10.5937/Rev1882059Z .

Zakić, Vladimir, Nikolić, Marija, Tasić, Vladimir, "The possibilities of improving the regulative and methodology of the cooperative audit in Serbia" in Revizor, 21, no. 82 (2018):59-69,
https://doi.org/10.5937/Rev1882059Z . .

TY  - JOUR
AU  - Zakić, Vladimir
AU  - Nikolić, Marija
AU  - Kovačević, Vlado
PY  - 2018
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/4821
AB  - Basic characteristics of cooperative audit, its role in preservation of cooperative nature and promotion of cooperatives are analyzed in the paper. The aim of this paper is to propose measures to improve cooperative audit in Serbia based on the review of good practice in European countries. The development stages of cooperative audit, from the creation of first cooperatives in Europe until today, have been examined using the historical method, with particular emphasis on the legislative framework that regulated this field. The comparative method was used to determine the differences between individual solutions, emphasizing their advantages and disadvantages, as well as the potential impact on the development of cooperatives. The research suggests that there are different solutions, from the absence of cooperative audit, to its inclusion in the cooperative life cycle, starting from its establishment. Although legislative framework in Serbia foresee cooperative audit, this process needs to be significantly improved.
PB  - Naučno društvo agrarnih ekonomista Balkana, Beograd, Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt
T2  - Ekonomika poljoprivrede
T1  - International experiences in cooperative audit and lessons for Serbia
EP  - 1122
IS  - 3
SP  - 1111
VL  - 65
DO  - 10.5937/ekoPolj1803111Z
ER  - 

@article{
author = "Zakić, Vladimir and Nikolić, Marija and Kovačević, Vlado",
year = "2018",
abstract = "Basic characteristics of cooperative audit, its role in preservation of cooperative nature and promotion of cooperatives are analyzed in the paper. The aim of this paper is to propose measures to improve cooperative audit in Serbia based on the review of good practice in European countries. The development stages of cooperative audit, from the creation of first cooperatives in Europe until today, have been examined using the historical method, with particular emphasis on the legislative framework that regulated this field. The comparative method was used to determine the differences between individual solutions, emphasizing their advantages and disadvantages, as well as the potential impact on the development of cooperatives. The research suggests that there are different solutions, from the absence of cooperative audit, to its inclusion in the cooperative life cycle, starting from its establishment. Although legislative framework in Serbia foresee cooperative audit, this process needs to be significantly improved.",
publisher = "Naučno društvo agrarnih ekonomista Balkana, Beograd, Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt",
journal = "Ekonomika poljoprivrede",
title = "International experiences in cooperative audit and lessons for Serbia",
pages = "1122-1111",
number = "3",
volume = "65",
doi = "10.5937/ekoPolj1803111Z"
}

Zakić, V., Nikolić, M.,& Kovačević, V.. (2018). International experiences in cooperative audit and lessons for Serbia. in Ekonomika poljoprivrede
Naučno društvo agrarnih ekonomista Balkana, Beograd, Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt., 65(3), 1111-1122.
https://doi.org/10.5937/ekoPolj1803111Z

Zakić V, Nikolić M, Kovačević V. International experiences in cooperative audit and lessons for Serbia. in Ekonomika poljoprivrede. 2018;65(3):1111-1122.
doi:10.5937/ekoPolj1803111Z .

Zakić, Vladimir, Nikolić, Marija, Kovačević, Vlado, "International experiences in cooperative audit and lessons for Serbia" in Ekonomika poljoprivrede, 65, no. 3 (2018):1111-1122,
https://doi.org/10.5937/ekoPolj1803111Z . .

TY  - JOUR
AU  - Kovačević, Vlado
AU  - Janković, Irena
AU  - Zakić, Vladimir
PY  - 2018
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/4820
AB  - The paper analyses the importance of the development of clearing in the Republic of Serbia. The primary role of clearing houses is to ensure the performance of derivative contracts. Clearing houses are institutions that are necessary for the functioning of derivative exchange and the part of the OTC derivative market. High uncertainty in business reflected in changes in prices, exchange rates, interest rates, climatic conditions, etc. led to the development of the term contracts trading and the need to develop a clearing system. In Serbia, despite the established legal requirements trading in standardized derivative contracts did not come to life in practice. Based on the findings in this paper, the underlying reason for the absence of a developed derivative market lies in an inadequate clearing system.
AB  - U radu je analiziran značaj razvoja kliringa u Republici Srbiji. Prevashodna uloga klirinških kuća jeste obezbeđivanje izvršenja terminskih ugovora. Klirinške kuće su institucije koje su neophodne za funkcionisanje berzanskog i dela vanberzanskog terminskog tržišta. Visoka neizvesnost u poslovanju, koja se ogleda u promenama cena, kurseva, kamatnih stopa, klimatskih uslova itd., uslovila je razvoj terminskog trgovanja i potrebu za razvojem sistema kliringa. U Srbiji i pored uspostavljenih zakonskih uslova, trgovanje standardizovanim terminskim ugovorima nije zaživelo u praksi. Prema nalazima u ovome radu, osnovni razlog za nepostojanje razvijenog derivatnog tržišta jeste neadekvatni sistem kliringa.
PB  - Univerzitet u Novom Sadu - Ekonomski fakultet, Subotica
T2  - Anali Ekonomskog fakulteta u Subotici
T1  - Importance and perspectives of clearing development in Serbia
T1  - Značaj i perspektive razvoja kliringa u Srbiji
EP  - 133
IS  - 40
SP  - 121
DO  - 10.5937/AnEkSub1840121K
ER  - 

@article{
author = "Kovačević, Vlado and Janković, Irena and Zakić, Vladimir",
year = "2018",
abstract = "The paper analyses the importance of the development of clearing in the Republic of Serbia. The primary role of clearing houses is to ensure the performance of derivative contracts. Clearing houses are institutions that are necessary for the functioning of derivative exchange and the part of the OTC derivative market. High uncertainty in business reflected in changes in prices, exchange rates, interest rates, climatic conditions, etc. led to the development of the term contracts trading and the need to develop a clearing system. In Serbia, despite the established legal requirements trading in standardized derivative contracts did not come to life in practice. Based on the findings in this paper, the underlying reason for the absence of a developed derivative market lies in an inadequate clearing system., U radu je analiziran značaj razvoja kliringa u Republici Srbiji. Prevashodna uloga klirinških kuća jeste obezbeđivanje izvršenja terminskih ugovora. Klirinške kuće su institucije koje su neophodne za funkcionisanje berzanskog i dela vanberzanskog terminskog tržišta. Visoka neizvesnost u poslovanju, koja se ogleda u promenama cena, kurseva, kamatnih stopa, klimatskih uslova itd., uslovila je razvoj terminskog trgovanja i potrebu za razvojem sistema kliringa. U Srbiji i pored uspostavljenih zakonskih uslova, trgovanje standardizovanim terminskim ugovorima nije zaživelo u praksi. Prema nalazima u ovome radu, osnovni razlog za nepostojanje razvijenog derivatnog tržišta jeste neadekvatni sistem kliringa.",
publisher = "Univerzitet u Novom Sadu - Ekonomski fakultet, Subotica",
journal = "Anali Ekonomskog fakulteta u Subotici",
title = "Importance and perspectives of clearing development in Serbia, Značaj i perspektive razvoja kliringa u Srbiji",
pages = "133-121",
number = "40",
doi = "10.5937/AnEkSub1840121K"
}

Kovačević, V., Janković, I.,& Zakić, V.. (2018). Importance and perspectives of clearing development in Serbia. in Anali Ekonomskog fakulteta u Subotici
Univerzitet u Novom Sadu - Ekonomski fakultet, Subotica.(40), 121-133.
https://doi.org/10.5937/AnEkSub1840121K

Kovačević V, Janković I, Zakić V. Importance and perspectives of clearing development in Serbia. in Anali Ekonomskog fakulteta u Subotici. 2018;(40):121-133.
doi:10.5937/AnEkSub1840121K .

Kovačević, Vlado, Janković, Irena, Zakić, Vladimir, "Importance and perspectives of clearing development in Serbia" in Anali Ekonomskog fakulteta u Subotici, no. 40 (2018):121-133,
https://doi.org/10.5937/AnEkSub1840121K . .

TY  - JOUR
AU  - Jandrić, Mersida
AU  - Zakić, Vladimir
PY  - 2018
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/4831
AB  - The goal of the paper is to do research of adequacy of the discounting method apply of future results for the evaluation of capital value in dairy industry, on an individual case. Appraisal of the capital value is a complex procedure of researching, studying, analysing and evaluating numerous factors, which have an effect on an enterprise's value. The appraisal of the dairy capital value from the Pester plateau was presented in the paper. Need for assessment was the change of the dairy's ownership structure. The selected value context in evaluating the enterprise value was 'a fair value', while there was applied an output approach i.e. the future results discounting method, because it was about an enterprise that continued to operate. Discounting the future expected outputs represents a current value of future expected outputs with a discount rate, which reflects uncertainty resulted by the expected yields. According to this paper's results, there has been established that the discounting methods of DCF future results can successfully apply in the dairy capital evaluation that continued to operate.
PB  - Naučno društvo agrarnih ekonomista Balkana, Beograd, Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt
T2  - Ekonomika poljoprivrede
T1  - Appraisal of the dairy capital value on the territory of the Pester plateau
EP  - 682
IS  - 2
SP  - 673
VL  - 65
DO  - 10.5937/ekoPolj1802673J
ER  - 

@article{
author = "Jandrić, Mersida and Zakić, Vladimir",
year = "2018",
abstract = "The goal of the paper is to do research of adequacy of the discounting method apply of future results for the evaluation of capital value in dairy industry, on an individual case. Appraisal of the capital value is a complex procedure of researching, studying, analysing and evaluating numerous factors, which have an effect on an enterprise's value. The appraisal of the dairy capital value from the Pester plateau was presented in the paper. Need for assessment was the change of the dairy's ownership structure. The selected value context in evaluating the enterprise value was 'a fair value', while there was applied an output approach i.e. the future results discounting method, because it was about an enterprise that continued to operate. Discounting the future expected outputs represents a current value of future expected outputs with a discount rate, which reflects uncertainty resulted by the expected yields. According to this paper's results, there has been established that the discounting methods of DCF future results can successfully apply in the dairy capital evaluation that continued to operate.",
publisher = "Naučno društvo agrarnih ekonomista Balkana, Beograd, Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt",
journal = "Ekonomika poljoprivrede",
title = "Appraisal of the dairy capital value on the territory of the Pester plateau",
pages = "682-673",
number = "2",
volume = "65",
doi = "10.5937/ekoPolj1802673J"
}

Jandrić, M.,& Zakić, V.. (2018). Appraisal of the dairy capital value on the territory of the Pester plateau. in Ekonomika poljoprivrede
Naučno društvo agrarnih ekonomista Balkana, Beograd, Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt., 65(2), 673-682.
https://doi.org/10.5937/ekoPolj1802673J

Jandrić M, Zakić V. Appraisal of the dairy capital value on the territory of the Pester plateau. in Ekonomika poljoprivrede. 2018;65(2):673-682.
doi:10.5937/ekoPolj1802673J .

Jandrić, Mersida, Zakić, Vladimir, "Appraisal of the dairy capital value on the territory of the Pester plateau" in Ekonomika poljoprivrede, 65, no. 2 (2018):673-682,
https://doi.org/10.5937/ekoPolj1802673J . .

TY  - JOUR
AU  - Kovačević, Vlado
AU  - Vasiljević, Zorica
AU  - Zakić, Vladimir
PY  - 2018
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/4894
AB  - This paper's goal is to determine the significance of pre-harvest financing system for agricultural sector. The system of pre-harvest financing was introduced successfully for the first time in Brazil in 1994. Pre-harvest financing was implemented as a pilot project for Serbia and Ukraine, with great support of the European Bank for Reconstruction and Development (EBRD). A comparative analysis of Brazilian, Serbian and Ukrainian system of pre-harvest financing was carried out in this paper. Its results show that the system of pre-harvest financing is of great significance for the agricultural production financing. The analysis shows that a basic difference among these three systems was in issuing a contract for pre-harvest financing. Therefore, the Brazilian contract has a specific standardization level and ensures the secondary trading with these contracts.
AB  - Cilj rada je utvrđivanje značaja predžetvenog finansiranja za poljoprivredni sektor. Sistem predžetvenog finansiranja je prvi put uveden u Brazilu 1994. godine. Ovaj sistem je uveden kao pilot projekat u Srbiji i Ukrajini od strane Evropske banke za obnovu i razvoj (EBRD). U ovom radu je sprovedena komparativna analiza brazilskog, ukrajinskog i srpskog sistema predžetvenog finansiranja. Rezultati su pokazali da je sistem predžetvenog finansiranja od velikog značaja za finansiranje poljoprivre-dne proizvodnje. Prema rezultatima u ovom radu osnovna razlika između tri sistema je u izdavanju samog ugovora o predžetvenom finansiranju. U bra-zilskom sistemu ugovor je u potpunosti standa-rdizovan što omogućuje sekjuritizaciju i sekundarno trgovanje ovim ugovorima.
PB  - Univerzitet u Novom Sadu - Poljoprivredni fakultet - Departman za ekonomiku poljoprivrede i sociologiju sela, Novi Sad
T2  - Agroekonomika
T1  - Pre -harvest financing in agriculture
T1  - Predžetveno finansiranje u poljoprivredi
EP  - 31
IS  - 80
SP  - 23
VL  - 47
UR  - https://hdl.handle.net/21.15107/rcub_agrospace_4894
ER  - 

@article{
author = "Kovačević, Vlado and Vasiljević, Zorica and Zakić, Vladimir",
year = "2018",
abstract = "This paper's goal is to determine the significance of pre-harvest financing system for agricultural sector. The system of pre-harvest financing was introduced successfully for the first time in Brazil in 1994. Pre-harvest financing was implemented as a pilot project for Serbia and Ukraine, with great support of the European Bank for Reconstruction and Development (EBRD). A comparative analysis of Brazilian, Serbian and Ukrainian system of pre-harvest financing was carried out in this paper. Its results show that the system of pre-harvest financing is of great significance for the agricultural production financing. The analysis shows that a basic difference among these three systems was in issuing a contract for pre-harvest financing. Therefore, the Brazilian contract has a specific standardization level and ensures the secondary trading with these contracts., Cilj rada je utvrđivanje značaja predžetvenog finansiranja za poljoprivredni sektor. Sistem predžetvenog finansiranja je prvi put uveden u Brazilu 1994. godine. Ovaj sistem je uveden kao pilot projekat u Srbiji i Ukrajini od strane Evropske banke za obnovu i razvoj (EBRD). U ovom radu je sprovedena komparativna analiza brazilskog, ukrajinskog i srpskog sistema predžetvenog finansiranja. Rezultati su pokazali da je sistem predžetvenog finansiranja od velikog značaja za finansiranje poljoprivre-dne proizvodnje. Prema rezultatima u ovom radu osnovna razlika između tri sistema je u izdavanju samog ugovora o predžetvenom finansiranju. U bra-zilskom sistemu ugovor je u potpunosti standa-rdizovan što omogućuje sekjuritizaciju i sekundarno trgovanje ovim ugovorima.",
publisher = "Univerzitet u Novom Sadu - Poljoprivredni fakultet - Departman za ekonomiku poljoprivrede i sociologiju sela, Novi Sad",
journal = "Agroekonomika",
title = "Pre -harvest financing in agriculture, Predžetveno finansiranje u poljoprivredi",
pages = "31-23",
number = "80",
volume = "47",
url = "https://hdl.handle.net/21.15107/rcub_agrospace_4894"
}

Kovačević, V., Vasiljević, Z.,& Zakić, V.. (2018). Pre -harvest financing in agriculture. in Agroekonomika
Univerzitet u Novom Sadu - Poljoprivredni fakultet - Departman za ekonomiku poljoprivrede i sociologiju sela, Novi Sad., 47(80), 23-31.
https://hdl.handle.net/21.15107/rcub_agrospace_4894

Kovačević V, Vasiljević Z, Zakić V. Pre -harvest financing in agriculture. in Agroekonomika. 2018;47(80):23-31.
https://hdl.handle.net/21.15107/rcub_agrospace_4894 .

Kovačević, Vlado, Vasiljević, Zorica, Zakić, Vladimir, "Pre -harvest financing in agriculture" in Agroekonomika, 47, no. 80 (2018):23-31,
https://hdl.handle.net/21.15107/rcub_agrospace_4894 .

TY  - JOUR
AU  - Janković, Irena
AU  - Kovačević, Vlado
AU  - Zakić, Vladimir
PY  - 2018
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/4845
AB  - The aim of the paper is to determine the possibilities of implementing hedging strategies of Serbian agricultural producers on foreign commodity exchanges. Considerable fluctuations in prices of agricultural products in Serbia create the need for the use of futures in commodity exchanges in order to protect against unfavourable change in prices of agricultural products in the future period. Due to the fact that Serbia has not established the trading in commodity derivatives, Serbian producers are having to use developed commodity exchanges abroad. The paper analyses the possibilities of using the Chicago Mercantile Exchange in the USA and the MATIF commodity exchange in Paris, looking at two aspects of the activities. First, the correlation of corn prices on domestic and foreign commodity exchanges was investigated, given that it is the basic prerequisite for the application of successful hedging strategies and, secondly, legal requirements, primarily tax policies related to trade of futures contracts. This paper has found that there is a high correlation between the crops price in the foreign commodity markets and spot market in Serbia, which provides a solid basis for the implementation of hedging strategies for underlying assets in foreign commodity markets. However, it has been found that inadequate taxation policy is an aggravating factor for the implementation of hedging strategies.
AB  - Cilj rada je utvrđivanje mogućnosti za primenu hedžing strategija srpskih poljoprivrednih proizvođača na inostranim robnim berzama. Visoka fluktacija cena poljoprivrednih proizvoda u Srbiji uslovljava potrebu za korišćenjem terminskih robnih berzi, u cilju zaštite od nepovoljnog kretanja cena poljoprivrednih proizvoda u budućem periodu. S obzirom na to da u Srbiji nije uspostavljeno terminsko trgovanje robnim derivatima, srpski proizvođači su upućeni na korišćenje razvijenih robnih berzi u inostranstvu. U radu su analizirane mogućnosti korišćenja Čikaške robne berze u SAD i MATIF robne berze u Parizu. Izvršena je analiza sa dva aspekta: prvi, korelisanost cena kukuruza sa domaće berze i inostranih berzi, s obzirom na to da je ona osnovni preduslov za primenu uspešnih hedžing strategija i drugi, zakonski uslovi, prevashodno poreske politike u vezi sa trgovinom terminskim ugovorima. U radu je utvrđen visok stepen povezanosti cena žitarica na inostranim robnim berzama i spot tržištu u Srbiji, što daje dobru osnovu za primenu hedžing strategija na ovu baznu aktivu na inostranim robnim berzama. Ipak, neadekvatni poreski propisi otežavaju primenu ovih strategija.
PB  - Visoka poslovna škola strukovnih studija, Novi Sad
T2  - Škola biznisa
T1  - The possibilities of applying hedging strategies on international commodity exchanges
T1  - Mogućnosti primene hedžing strategija na inostranim robnim berzama
EP  - 55
IS  - 2
SP  - 45
DO  - 10.5937/skolbiz2-19403
ER  - 

@article{
author = "Janković, Irena and Kovačević, Vlado and Zakić, Vladimir",
year = "2018",
abstract = "The aim of the paper is to determine the possibilities of implementing hedging strategies of Serbian agricultural producers on foreign commodity exchanges. Considerable fluctuations in prices of agricultural products in Serbia create the need for the use of futures in commodity exchanges in order to protect against unfavourable change in prices of agricultural products in the future period. Due to the fact that Serbia has not established the trading in commodity derivatives, Serbian producers are having to use developed commodity exchanges abroad. The paper analyses the possibilities of using the Chicago Mercantile Exchange in the USA and the MATIF commodity exchange in Paris, looking at two aspects of the activities. First, the correlation of corn prices on domestic and foreign commodity exchanges was investigated, given that it is the basic prerequisite for the application of successful hedging strategies and, secondly, legal requirements, primarily tax policies related to trade of futures contracts. This paper has found that there is a high correlation between the crops price in the foreign commodity markets and spot market in Serbia, which provides a solid basis for the implementation of hedging strategies for underlying assets in foreign commodity markets. However, it has been found that inadequate taxation policy is an aggravating factor for the implementation of hedging strategies., Cilj rada je utvrđivanje mogućnosti za primenu hedžing strategija srpskih poljoprivrednih proizvođača na inostranim robnim berzama. Visoka fluktacija cena poljoprivrednih proizvoda u Srbiji uslovljava potrebu za korišćenjem terminskih robnih berzi, u cilju zaštite od nepovoljnog kretanja cena poljoprivrednih proizvoda u budućem periodu. S obzirom na to da u Srbiji nije uspostavljeno terminsko trgovanje robnim derivatima, srpski proizvođači su upućeni na korišćenje razvijenih robnih berzi u inostranstvu. U radu su analizirane mogućnosti korišćenja Čikaške robne berze u SAD i MATIF robne berze u Parizu. Izvršena je analiza sa dva aspekta: prvi, korelisanost cena kukuruza sa domaće berze i inostranih berzi, s obzirom na to da je ona osnovni preduslov za primenu uspešnih hedžing strategija i drugi, zakonski uslovi, prevashodno poreske politike u vezi sa trgovinom terminskim ugovorima. U radu je utvrđen visok stepen povezanosti cena žitarica na inostranim robnim berzama i spot tržištu u Srbiji, što daje dobru osnovu za primenu hedžing strategija na ovu baznu aktivu na inostranim robnim berzama. Ipak, neadekvatni poreski propisi otežavaju primenu ovih strategija.",
publisher = "Visoka poslovna škola strukovnih studija, Novi Sad",
journal = "Škola biznisa",
title = "The possibilities of applying hedging strategies on international commodity exchanges, Mogućnosti primene hedžing strategija na inostranim robnim berzama",
pages = "55-45",
number = "2",
doi = "10.5937/skolbiz2-19403"
}

Janković, I., Kovačević, V.,& Zakić, V.. (2018). The possibilities of applying hedging strategies on international commodity exchanges. in Škola biznisa
Visoka poslovna škola strukovnih studija, Novi Sad.(2), 45-55.
https://doi.org/10.5937/skolbiz2-19403

Janković I, Kovačević V, Zakić V. The possibilities of applying hedging strategies on international commodity exchanges. in Škola biznisa. 2018;(2):45-55.
doi:10.5937/skolbiz2-19403 .

Janković, Irena, Kovačević, Vlado, Zakić, Vladimir, "The possibilities of applying hedging strategies on international commodity exchanges" in Škola biznisa, no. 2 (2018):45-55,
https://doi.org/10.5937/skolbiz2-19403 . .

TY  - JOUR
AU  - Zakić, Vladimir
AU  - Kovačević, Vlado
AU  - Damnjanović, Jelena
PY  - 2017
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/4579
AB  - The aim of this paper is to analyse the level and the significance of farmers' financial knowledge or literacy, as well to propose measures for the improvement of financial skills in agricultural holdings. According to the paper's results, the level of farmers' financial knowledge is low; at the state level there hasn't been established satisfying financial education of farmers. It is necessary to establish continuous education programs in this field through agricultural extension services; at the state level, it is important to improve the coordination between different state bodies that conduct an educational program in agricultural sector, as well as the science research results and to make an educational material available to farmers. When considering the significance of financial literacy, it is usually analyzed from the perspective of adult people. However, recent studies indicate the importance of increasing financial literacy already at the level of youth or children. This theoretical concept is currently being accepted in the activities of the Government of the Republic of Serbia. In this regard, the Ministry of Economy has decided to introduce entrepreneurship to primary school through numerous projects.
AB  - Cilj rada je analiza značaja posedovanja finansijskih znanja, nivoa finansijskih znanja poljoprivrednika, kao i analiza sa predlogom mera za unapređenje finansijskih znanja na poljoprivrednim gazdinstvima. Prema rezultatima rada nivo finansijskih znanja poljoprivrednika je nizak, a na državnom nivou nije uspostavljena zadovoljavajuća edukacija poljoprivrednika u ovoj oblasti. Neophodno je uspostaviti kontinuirane programe edukacije u ovoj oblasti preko poljoprivrednih stručnih službi; na državnom nivou neophodno je unaprediti koordinaciju različitih državnih organa koji sprovode program edukacije u poljoprivrednom sektoru, kao i rezultate nauke i edukacioni materijal učiniti dostupnim poljoprivrednicima. Kada se razmatra značaj finansijske pismenosti, ona se obično analizira iz perspektive odraslih ljudi. Međutim, nedavna istraživanja ukazuju na značaj povećanja finansijske pismenosti već na nivou mladih i dece. Ovaj teorijski koncept je trenutno prihvaćen u aktivnostima Vlade Republike Srbije. U tom smislu, Ministarstvo privrede je odlučilo da kroz brojne projekte otpočne promociju preduzetništva u osnovnim školama.
PB  - Naučno društvo agrarnih ekonomista Balkana, Beograd, Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt
T2  - Ekonomika poljoprivrede
T1  - Significance of financial literacy for the agricultural holdings in Serbia
T1  - Značaj finansijske pismenosti za poljoprivredna gazdinstva u Srbiji
EP  - 1702
IS  - 4
SP  - 1687
VL  - 64
DO  - 10.5937/ekoPolj1704687Z
ER  - 

@article{
author = "Zakić, Vladimir and Kovačević, Vlado and Damnjanović, Jelena",
year = "2017",
abstract = "The aim of this paper is to analyse the level and the significance of farmers' financial knowledge or literacy, as well to propose measures for the improvement of financial skills in agricultural holdings. According to the paper's results, the level of farmers' financial knowledge is low; at the state level there hasn't been established satisfying financial education of farmers. It is necessary to establish continuous education programs in this field through agricultural extension services; at the state level, it is important to improve the coordination between different state bodies that conduct an educational program in agricultural sector, as well as the science research results and to make an educational material available to farmers. When considering the significance of financial literacy, it is usually analyzed from the perspective of adult people. However, recent studies indicate the importance of increasing financial literacy already at the level of youth or children. This theoretical concept is currently being accepted in the activities of the Government of the Republic of Serbia. In this regard, the Ministry of Economy has decided to introduce entrepreneurship to primary school through numerous projects., Cilj rada je analiza značaja posedovanja finansijskih znanja, nivoa finansijskih znanja poljoprivrednika, kao i analiza sa predlogom mera za unapređenje finansijskih znanja na poljoprivrednim gazdinstvima. Prema rezultatima rada nivo finansijskih znanja poljoprivrednika je nizak, a na državnom nivou nije uspostavljena zadovoljavajuća edukacija poljoprivrednika u ovoj oblasti. Neophodno je uspostaviti kontinuirane programe edukacije u ovoj oblasti preko poljoprivrednih stručnih službi; na državnom nivou neophodno je unaprediti koordinaciju različitih državnih organa koji sprovode program edukacije u poljoprivrednom sektoru, kao i rezultate nauke i edukacioni materijal učiniti dostupnim poljoprivrednicima. Kada se razmatra značaj finansijske pismenosti, ona se obično analizira iz perspektive odraslih ljudi. Međutim, nedavna istraživanja ukazuju na značaj povećanja finansijske pismenosti već na nivou mladih i dece. Ovaj teorijski koncept je trenutno prihvaćen u aktivnostima Vlade Republike Srbije. U tom smislu, Ministarstvo privrede je odlučilo da kroz brojne projekte otpočne promociju preduzetništva u osnovnim školama.",
publisher = "Naučno društvo agrarnih ekonomista Balkana, Beograd, Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt",
journal = "Ekonomika poljoprivrede",
title = "Significance of financial literacy for the agricultural holdings in Serbia, Značaj finansijske pismenosti za poljoprivredna gazdinstva u Srbiji",
pages = "1702-1687",
number = "4",
volume = "64",
doi = "10.5937/ekoPolj1704687Z"
}

Zakić, V., Kovačević, V.,& Damnjanović, J.. (2017). Significance of financial literacy for the agricultural holdings in Serbia. in Ekonomika poljoprivrede
Naučno društvo agrarnih ekonomista Balkana, Beograd, Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt., 64(4), 1687-1702.
https://doi.org/10.5937/ekoPolj1704687Z

Zakić V, Kovačević V, Damnjanović J. Significance of financial literacy for the agricultural holdings in Serbia. in Ekonomika poljoprivrede. 2017;64(4):1687-1702.
doi:10.5937/ekoPolj1704687Z .

Zakić, Vladimir, Kovačević, Vlado, Damnjanović, Jelena, "Significance of financial literacy for the agricultural holdings in Serbia" in Ekonomika poljoprivrede, 64, no. 4 (2017):1687-1702,
https://doi.org/10.5937/ekoPolj1704687Z . .

TY  - JOUR
AU  - Borović, Natalija
AU  - Zakić, Vladimir
PY  - 2017
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/4570
AB  - This paper aims to examine the specificity of interpretation of the business success of public sector entities and the implications of this observation on the restriction of information content of the official financial statements. The specificity of the business performance of public sector entities is reflected in the predominantly non-profit character of the realization of business results, as a result of the primacy of meeting the public interest, as the main reason for the functioning of the sector, as a whole. In addition, the ability to exercise the so-called conditional profitability, as an additional segment of success of secondary importance, requires the inclusion of profit and success criteria, as to obtain a comprehensive picture of the realization of business objectives at the entity level. This way of consideration of business performance, which means inclusion, to profit, and non-profit criteria of success and their mutual comparison, ranking and aggregation at the level of unified criteria to achieve business results requires assembling additional financial statements, in accordance with the regulations of IAS for the public sector.
AB  - Ovaj rad ima za cilj da sagleda specifičnost tumačenja poslovnog uspeha subjekata javnog sektora i implikacije takvog sagledavanja na ograničenje informacionih sadržaja zvaničnih finansijskih izveštaja. Specifičnost poslovne uspešnosti subjekata javnog sektora ogleda se u pretežno neprofitnom karakteru realizacije poslovnih rezultata, što je posledica primarnosti zadovoljenja javnog interesa kao osnovnog razloga funkcionisanja ovog sektora u celini. Pored toga, mogućnosti realizacije tzv. uslovne profitabilnosti, kao dodatnog segmenta uspeha sekundarnog značaja, zahteva uključivanje i profitnih kriterijuma uspeha, kako bi se dobila celovita slika realizacije poslovnih ciljeva na nivou entiteta. Ovakav način razmatranja poslovne uspešnosti koji podrazumeva uključivanje, kako profitnih, tako i neprofitnih kriterijuma uspeha i njihovo međusobno upoređivanje, rangiranje i kumuliranje na nivou objedinjenih kriterijuma ostvarenja poslovnih rezultata, zahteva sastavljanje dodatnih finansijskih izveštaja, u skladu sa regulativom MRS za javni sektor.
PB  - Visoka poslovna škola strukovnih studija, Novi Sad
T2  - Škola biznisa
T1  - Additional financial statements preparation for the purposes of business success review of public sector entities according to IAS for the public sector
T1  - Sastavljanje dodatnih finansijskih izveštaja za potrebe razmatranja poslovnog uspeha subjekata javnog sektora u skladu sa MRS za javni sektor
EP  - 40
IS  - 1
SP  - 26
DO  - 10.5937/skolbiz1-13510
ER  - 

@article{
author = "Borović, Natalija and Zakić, Vladimir",
year = "2017",
abstract = "This paper aims to examine the specificity of interpretation of the business success of public sector entities and the implications of this observation on the restriction of information content of the official financial statements. The specificity of the business performance of public sector entities is reflected in the predominantly non-profit character of the realization of business results, as a result of the primacy of meeting the public interest, as the main reason for the functioning of the sector, as a whole. In addition, the ability to exercise the so-called conditional profitability, as an additional segment of success of secondary importance, requires the inclusion of profit and success criteria, as to obtain a comprehensive picture of the realization of business objectives at the entity level. This way of consideration of business performance, which means inclusion, to profit, and non-profit criteria of success and their mutual comparison, ranking and aggregation at the level of unified criteria to achieve business results requires assembling additional financial statements, in accordance with the regulations of IAS for the public sector., Ovaj rad ima za cilj da sagleda specifičnost tumačenja poslovnog uspeha subjekata javnog sektora i implikacije takvog sagledavanja na ograničenje informacionih sadržaja zvaničnih finansijskih izveštaja. Specifičnost poslovne uspešnosti subjekata javnog sektora ogleda se u pretežno neprofitnom karakteru realizacije poslovnih rezultata, što je posledica primarnosti zadovoljenja javnog interesa kao osnovnog razloga funkcionisanja ovog sektora u celini. Pored toga, mogućnosti realizacije tzv. uslovne profitabilnosti, kao dodatnog segmenta uspeha sekundarnog značaja, zahteva uključivanje i profitnih kriterijuma uspeha, kako bi se dobila celovita slika realizacije poslovnih ciljeva na nivou entiteta. Ovakav način razmatranja poslovne uspešnosti koji podrazumeva uključivanje, kako profitnih, tako i neprofitnih kriterijuma uspeha i njihovo međusobno upoređivanje, rangiranje i kumuliranje na nivou objedinjenih kriterijuma ostvarenja poslovnih rezultata, zahteva sastavljanje dodatnih finansijskih izveštaja, u skladu sa regulativom MRS za javni sektor.",
publisher = "Visoka poslovna škola strukovnih studija, Novi Sad",
journal = "Škola biznisa",
title = "Additional financial statements preparation for the purposes of business success review of public sector entities according to IAS for the public sector, Sastavljanje dodatnih finansijskih izveštaja za potrebe razmatranja poslovnog uspeha subjekata javnog sektora u skladu sa MRS za javni sektor",
pages = "40-26",
number = "1",
doi = "10.5937/skolbiz1-13510"
}

Borović, N.,& Zakić, V.. (2017). Additional financial statements preparation for the purposes of business success review of public sector entities according to IAS for the public sector. in Škola biznisa
Visoka poslovna škola strukovnih studija, Novi Sad.(1), 26-40.
https://doi.org/10.5937/skolbiz1-13510

Borović N, Zakić V. Additional financial statements preparation for the purposes of business success review of public sector entities according to IAS for the public sector. in Škola biznisa. 2017;(1):26-40.
doi:10.5937/skolbiz1-13510 .

Borović, Natalija, Zakić, Vladimir, "Additional financial statements preparation for the purposes of business success review of public sector entities according to IAS for the public sector" in Škola biznisa, no. 1 (2017):26-40,
https://doi.org/10.5937/skolbiz1-13510 . .

TY  - JOUR
AU  - Kovačević, Vlado
AU  - Zakić, Vladimir
AU  - Milovanović, Miloš
AU  - Subić, Jonel
AU  - Jeločnik, Marko
PY  - 2016
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/4235
AB  - The aim of this paper is to determine the economic viability of the electronic warehouse receipt registry introduction, as a step toward electronic warehouse receipts. Both forms of warehouse receipt paper and electronic exist in practice, but paper warehouse receipts are more widespread. In this paper, the dematerialization process is analyzed in two steps. The first step is the dematerialization of warehouse receipt registry, with warehouse receipts still in paper form. The second step is the introduction of electronic warehouse receipts themselves. Dematerialization of warehouse receipts is more complex than that for financial securities, because of the individual characteristics of each warehouse receipt. As a consequence, electronic warehouse receipts are in place for only to a handful of commodities, namely cotton and a few grains. Nevertheless, the movement towards the electronic warehouse receipt, which began several decades ago with financial securities, is now taking hold in the agricultural sector. In this paper is analyzed Serbian electronic registry, since the Serbia is first country in EU with electronic warehouse receipts registry donated by FAO. Performed analysis shows the considerable impact of electronic warehouse receipts registry establishment on enhancing the security of the system of public warehouses, and on advancing the trade with warehouse receipt.
AB  - Cilj ovog rada je da se utvrdi ekonomska opravdanost uvođenja elektronske evidencije robnog zapisa, kao koraka ka uvođenju u potpunosti elektronskog robnog zapisa. Obe forme robnog zapisa postoje u praksi, ali je papirni oblik robnog zapisa više u upotrebi. U ovom radu proces dematerijalizacije je analiziran u dva koraka. Prvi je dematerijalizacija knjige robnih zapisa, dok je robni zapis u papirnoj formi. Drugi korak je uvođenje potpunog sistema elektronskog robnog zapisa. Dematerijalizacija robnog zapisa je kompleksnija u odnosu na dematerilalizaciju efektnih hartija od vrednosti zbog individualnih karakteristika svakog robnog zapisa. Kao rezultat ovoga, elektronski sistemi robnih zapisa su retki u svetu i u primeni su za samo nekoliko vrsta roba, poput pamuka i nekoliko vrsta žitarica. Ipak promena od papirnih hartija od vrednosti ka elektronskim u finansijskom sektoru, koja je počela pre nekoliko decenija, sada se intenzivira i u oblasti poljoprivrednih proizvoda. Analize u ovom radu pokazuju značajan uticaj elektronske evidencije robnih zapisa na povećanje sigurnosti sistema javnih skladišta i unapređenje trgovanja robnim zapisima. PR Projekat Ministarstva nauke Republike Srbije, br.III 46006.
PB  - Naučno društvo agrarnih ekonomista Balkana, Beograd, Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt
T2  - Ekonomika poljoprivrede
T1  - Electronic warehouse receipts registry as a step from paper to electronic warehouse receipts
T1  - Elektronski registar robnih zapisa kao korak od papirnog ka elektronskom robnom zapisu
EP  - 815
IS  - 3
SP  - 801
VL  - 63
DO  - 10.5937/ekoPolj1603801K
ER  - 

@article{
author = "Kovačević, Vlado and Zakić, Vladimir and Milovanović, Miloš and Subić, Jonel and Jeločnik, Marko",
year = "2016",
abstract = "The aim of this paper is to determine the economic viability of the electronic warehouse receipt registry introduction, as a step toward electronic warehouse receipts. Both forms of warehouse receipt paper and electronic exist in practice, but paper warehouse receipts are more widespread. In this paper, the dematerialization process is analyzed in two steps. The first step is the dematerialization of warehouse receipt registry, with warehouse receipts still in paper form. The second step is the introduction of electronic warehouse receipts themselves. Dematerialization of warehouse receipts is more complex than that for financial securities, because of the individual characteristics of each warehouse receipt. As a consequence, electronic warehouse receipts are in place for only to a handful of commodities, namely cotton and a few grains. Nevertheless, the movement towards the electronic warehouse receipt, which began several decades ago with financial securities, is now taking hold in the agricultural sector. In this paper is analyzed Serbian electronic registry, since the Serbia is first country in EU with electronic warehouse receipts registry donated by FAO. Performed analysis shows the considerable impact of electronic warehouse receipts registry establishment on enhancing the security of the system of public warehouses, and on advancing the trade with warehouse receipt., Cilj ovog rada je da se utvrdi ekonomska opravdanost uvođenja elektronske evidencije robnog zapisa, kao koraka ka uvođenju u potpunosti elektronskog robnog zapisa. Obe forme robnog zapisa postoje u praksi, ali je papirni oblik robnog zapisa više u upotrebi. U ovom radu proces dematerijalizacije je analiziran u dva koraka. Prvi je dematerijalizacija knjige robnih zapisa, dok je robni zapis u papirnoj formi. Drugi korak je uvođenje potpunog sistema elektronskog robnog zapisa. Dematerijalizacija robnog zapisa je kompleksnija u odnosu na dematerilalizaciju efektnih hartija od vrednosti zbog individualnih karakteristika svakog robnog zapisa. Kao rezultat ovoga, elektronski sistemi robnih zapisa su retki u svetu i u primeni su za samo nekoliko vrsta roba, poput pamuka i nekoliko vrsta žitarica. Ipak promena od papirnih hartija od vrednosti ka elektronskim u finansijskom sektoru, koja je počela pre nekoliko decenija, sada se intenzivira i u oblasti poljoprivrednih proizvoda. Analize u ovom radu pokazuju značajan uticaj elektronske evidencije robnih zapisa na povećanje sigurnosti sistema javnih skladišta i unapređenje trgovanja robnim zapisima. PR Projekat Ministarstva nauke Republike Srbije, br.III 46006.",
publisher = "Naučno društvo agrarnih ekonomista Balkana, Beograd, Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt",
journal = "Ekonomika poljoprivrede",
title = "Electronic warehouse receipts registry as a step from paper to electronic warehouse receipts, Elektronski registar robnih zapisa kao korak od papirnog ka elektronskom robnom zapisu",
pages = "815-801",
number = "3",
volume = "63",
doi = "10.5937/ekoPolj1603801K"
}

Kovačević, V., Zakić, V., Milovanović, M., Subić, J.,& Jeločnik, M.. (2016). Electronic warehouse receipts registry as a step from paper to electronic warehouse receipts. in Ekonomika poljoprivrede
Naučno društvo agrarnih ekonomista Balkana, Beograd, Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt., 63(3), 801-815.
https://doi.org/10.5937/ekoPolj1603801K

Kovačević V, Zakić V, Milovanović M, Subić J, Jeločnik M. Electronic warehouse receipts registry as a step from paper to electronic warehouse receipts. in Ekonomika poljoprivrede. 2016;63(3):801-815.
doi:10.5937/ekoPolj1603801K .

Kovačević, Vlado, Zakić, Vladimir, Milovanović, Miloš, Subić, Jonel, Jeločnik, Marko, "Electronic warehouse receipts registry as a step from paper to electronic warehouse receipts" in Ekonomika poljoprivrede, 63, no. 3 (2016):801-815,
https://doi.org/10.5937/ekoPolj1603801K . .

TY  - JOUR
AU  - Zakić, Vladimir
PY  - 2016
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/4319
AB  - The subject of this paper is to analyse the dividend policy of relevant joint stock companies in Serbia, from the aspect of the shares liquidity on the Belgrade Stock Exchange. It is indisputable that due to the economic crisis and underdeveloped shareholding in Serbia, most of the corporations do not pay dividends. The aim of this study is to determine the type of dividend policy for Serbian corporations and to provide specific guidelines for the formulation of effective dividend policy. In order to reach the relevant data, the paper discusses the potentially most successful companies grouped in BELEX15 index of the Belgrade Stock Exchange, which tracks the price movements of the most liquid shares. The research results indicate that in a group of twelve companies there are those that lead an active dividend policy, then those with residual dividend policy, and those that strive to pay dividends without conducting long-term plans. Also, the paper concluded that the ownership structure has a certain impact on the dividend policy of the selected companies.
AB  - Predmet istraživanja u ovom radu je analiza politike dividendi relevantnih akcionarskih preduzeća u Srbiji, posmatrano sa aspekta likvidnosti njihovih akcija na Beogradskoj berzi. Nesporno je da usled ekonomske krize i nerazvijenog akcionarstva u Srbiji većina akcionarskih preduzeća ne isplaćuje dividende. Cilj ovog rada jeste da se utvrdi kakvu politiku dividendi vode ova akcionarska preduzeća i da pruži određene smernice za formulisanje efektivne politike dividendi. Da bi se došlo do relevantnih podataka, u radu se pošlo od potencijalno najuspešnijih preduzeća svrstanih u BELEX15 indeks Beogradske berze, koji prati kretanje cena najlikvidnijih akcija. Rezultati istraživanja ukazuju na to da se u grupi od dvanaest razmatranih preduzeća mogu izdvojiti ona koja vode aktivnu politiku dividendi, ona koja vode rezidualnu politiku dividendi i ona koja nastoje da plaćaju dividende bez vođenje dugoročne politike. Takođe, u radu se došlo do zaključka da koncentracija vlasništva ima određeni uticaj na politiku dividendi razmatranih preduzeća.
PB  - Ministarstvo finansija Republike Srbije, Beograd
T2  - Finansije
T1  - Dividend policy of joint stock companies in Serbia
T1  - Politika dividendi akcionarskih preduzeća u Srbiji
EP  - 92
IS  - 1-6
SP  - 79
VL  - 71
UR  - https://hdl.handle.net/21.15107/rcub_agrospace_4319
ER  - 

@article{
author = "Zakić, Vladimir",
year = "2016",
abstract = "The subject of this paper is to analyse the dividend policy of relevant joint stock companies in Serbia, from the aspect of the shares liquidity on the Belgrade Stock Exchange. It is indisputable that due to the economic crisis and underdeveloped shareholding in Serbia, most of the corporations do not pay dividends. The aim of this study is to determine the type of dividend policy for Serbian corporations and to provide specific guidelines for the formulation of effective dividend policy. In order to reach the relevant data, the paper discusses the potentially most successful companies grouped in BELEX15 index of the Belgrade Stock Exchange, which tracks the price movements of the most liquid shares. The research results indicate that in a group of twelve companies there are those that lead an active dividend policy, then those with residual dividend policy, and those that strive to pay dividends without conducting long-term plans. Also, the paper concluded that the ownership structure has a certain impact on the dividend policy of the selected companies., Predmet istraživanja u ovom radu je analiza politike dividendi relevantnih akcionarskih preduzeća u Srbiji, posmatrano sa aspekta likvidnosti njihovih akcija na Beogradskoj berzi. Nesporno je da usled ekonomske krize i nerazvijenog akcionarstva u Srbiji većina akcionarskih preduzeća ne isplaćuje dividende. Cilj ovog rada jeste da se utvrdi kakvu politiku dividendi vode ova akcionarska preduzeća i da pruži određene smernice za formulisanje efektivne politike dividendi. Da bi se došlo do relevantnih podataka, u radu se pošlo od potencijalno najuspešnijih preduzeća svrstanih u BELEX15 indeks Beogradske berze, koji prati kretanje cena najlikvidnijih akcija. Rezultati istraživanja ukazuju na to da se u grupi od dvanaest razmatranih preduzeća mogu izdvojiti ona koja vode aktivnu politiku dividendi, ona koja vode rezidualnu politiku dividendi i ona koja nastoje da plaćaju dividende bez vođenje dugoročne politike. Takođe, u radu se došlo do zaključka da koncentracija vlasništva ima određeni uticaj na politiku dividendi razmatranih preduzeća.",
publisher = "Ministarstvo finansija Republike Srbije, Beograd",
journal = "Finansije",
title = "Dividend policy of joint stock companies in Serbia, Politika dividendi akcionarskih preduzeća u Srbiji",
pages = "92-79",
number = "1-6",
volume = "71",
url = "https://hdl.handle.net/21.15107/rcub_agrospace_4319"
}

Zakić, V.. (2016). Dividend policy of joint stock companies in Serbia. in Finansije
Ministarstvo finansija Republike Srbije, Beograd., 71(1-6), 79-92.
https://hdl.handle.net/21.15107/rcub_agrospace_4319

Zakić V. Dividend policy of joint stock companies in Serbia. in Finansije. 2016;71(1-6):79-92.
https://hdl.handle.net/21.15107/rcub_agrospace_4319 .

Zakić, Vladimir, "Dividend policy of joint stock companies in Serbia" in Finansije, 71, no. 1-6 (2016):79-92,
https://hdl.handle.net/21.15107/rcub_agrospace_4319 .

TY  - JOUR
AU  - Kovačević, Vlado
AU  - Zakić, Vladimir
AU  - Milovanović, Dobrosav
PY  - 2016
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/4279
AB  - The aim of the study was to analyze and suggest the optimal clearinghouse models in order to develop derivative contracts in the Serbia. One of the main characteristics of modern business is dynamics and increased degree of uncertainty. As a result of increased uncertainty, need for the development of trade with derivative securities on organized markets, as a risk management instruments, is increased. A necessary prerequisite for trading with these securities is a clearinghouse. The study shows that the developed derivative exchanges have beneficial and pronounced impact on the segment of risk management in the financial sector as well as in the commodity sector. The optimal model of clearing in Serbia is establishment of two clearinghouse models in the house clearinghouses and independent clearinghouses.
AB  - Cilj rada je utvrđivanje optimalnog modela kliringa za razvoj tržišta derivatnih ugovora u Srbiji. Jedna od osnovnih karakteristika savremenog poslovanja je dinamičnost i povećanje stepena neizvesnosti. Kao posledica ovakvih pojava javila se potreba za razvojem trgovanja izvedenim hartijama od vrednosti na organizovanim tržištima, čime bi se poslovanje učinilo izvesnijim. Neophodan preduslov za trgovanje ovom vrstom hartija od vrednosti je uspostavljanje klirinške kuće. Rezultati rada pokazuju da bi tržište derivatnih ugovora imalo značajan povoljan uticaj na segment upravljanja rizikom u finansijskom sektoru kao i u robnom sektoru. Optimalan model kliringa u Srbiji bi bio omogućavanje osnivanja klirinške kuće na samoj berzi kao i nezavisne klirinške kuće.
PB  - Univerzitet u Novom Sadu - Ekonomski fakultet, Subotica
T2  - Anali Ekonomskog fakulteta u Subotici
T1  - Role of clearinghouses in the development of security derivatives in Serbia
T1  - Uloga klirinških kuća u razvoju trgovanja izvedenim hartijama od vrednosti u Srbiji
EP  - 108
IS  - 35
SP  - 97
UR  - https://hdl.handle.net/21.15107/rcub_agrospace_4279
ER  - 

@article{
author = "Kovačević, Vlado and Zakić, Vladimir and Milovanović, Dobrosav",
year = "2016",
abstract = "The aim of the study was to analyze and suggest the optimal clearinghouse models in order to develop derivative contracts in the Serbia. One of the main characteristics of modern business is dynamics and increased degree of uncertainty. As a result of increased uncertainty, need for the development of trade with derivative securities on organized markets, as a risk management instruments, is increased. A necessary prerequisite for trading with these securities is a clearinghouse. The study shows that the developed derivative exchanges have beneficial and pronounced impact on the segment of risk management in the financial sector as well as in the commodity sector. The optimal model of clearing in Serbia is establishment of two clearinghouse models in the house clearinghouses and independent clearinghouses., Cilj rada je utvrđivanje optimalnog modela kliringa za razvoj tržišta derivatnih ugovora u Srbiji. Jedna od osnovnih karakteristika savremenog poslovanja je dinamičnost i povećanje stepena neizvesnosti. Kao posledica ovakvih pojava javila se potreba za razvojem trgovanja izvedenim hartijama od vrednosti na organizovanim tržištima, čime bi se poslovanje učinilo izvesnijim. Neophodan preduslov za trgovanje ovom vrstom hartija od vrednosti je uspostavljanje klirinške kuće. Rezultati rada pokazuju da bi tržište derivatnih ugovora imalo značajan povoljan uticaj na segment upravljanja rizikom u finansijskom sektoru kao i u robnom sektoru. Optimalan model kliringa u Srbiji bi bio omogućavanje osnivanja klirinške kuće na samoj berzi kao i nezavisne klirinške kuće.",
publisher = "Univerzitet u Novom Sadu - Ekonomski fakultet, Subotica",
journal = "Anali Ekonomskog fakulteta u Subotici",
title = "Role of clearinghouses in the development of security derivatives in Serbia, Uloga klirinških kuća u razvoju trgovanja izvedenim hartijama od vrednosti u Srbiji",
pages = "108-97",
number = "35",
url = "https://hdl.handle.net/21.15107/rcub_agrospace_4279"
}

Kovačević, V., Zakić, V.,& Milovanović, D.. (2016). Role of clearinghouses in the development of security derivatives in Serbia. in Anali Ekonomskog fakulteta u Subotici
Univerzitet u Novom Sadu - Ekonomski fakultet, Subotica.(35), 97-108.
https://hdl.handle.net/21.15107/rcub_agrospace_4279

Kovačević V, Zakić V, Milovanović D. Role of clearinghouses in the development of security derivatives in Serbia. in Anali Ekonomskog fakulteta u Subotici. 2016;(35):97-108.
https://hdl.handle.net/21.15107/rcub_agrospace_4279 .

Kovačević, Vlado, Zakić, Vladimir, Milovanović, Dobrosav, "Role of clearinghouses in the development of security derivatives in Serbia" in Anali Ekonomskog fakulteta u Subotici, no. 35 (2016):97-108,
https://hdl.handle.net/21.15107/rcub_agrospace_4279 .

TY  - JOUR
AU  - Mirović, Vera
AU  - Andrašić, Jelena
AU  - Zakić, Vladimir
PY  - 2016
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/4274
AB  - Financing projects in the energy sector is expensive, risky and time-consuming. Project finance leads to collecting funds, attracting investors and risk allocation. The aim of this paper is to present the funding of South Stream pipeline in the territory of Serbia. Project finance provides funding pipeline with equity capital, bank loans and project finance CDO issue. Structured financing allows SPV to use loans, gas transportation agreement and contractual obligations as collateral for the bond issue.
AB  - Finansiranje projekata iz energetskog sektora jeste skupo, rizično i dugotrajno. Projektno finansiranje omogućava prikupljanje novčanih sredstava, privlačenje investitora i raspodelu rizika. Cilj rada jeste da se predstavi finansiranje gasovoda Južni tok na teritoriji Srbije. Projektno finansiranje omogućava finansiranje gasovoda pomoću akcijskog kapitala, bankarskih kredita i emisije CDO. Strukturirano finanisranje omogućava da SPV kao kolateral za emisiju obveznica koristi kredite, ugovore o transportu gasa i druge ugovore.
PB  - Univerzitet u Novom Sadu - Ekonomski fakultet, Subotica
T2  - Anali Ekonomskog fakulteta u Subotici
T1  - Financing of South stream pipeline in Serbia
T1  - Finansiranje gasovoda Južni tok u Srbiji
EP  - 143
IS  - 36
SP  - 133
UR  - https://hdl.handle.net/21.15107/rcub_agrospace_4274
ER  - 

@article{
author = "Mirović, Vera and Andrašić, Jelena and Zakić, Vladimir",
year = "2016",
abstract = "Financing projects in the energy sector is expensive, risky and time-consuming. Project finance leads to collecting funds, attracting investors and risk allocation. The aim of this paper is to present the funding of South Stream pipeline in the territory of Serbia. Project finance provides funding pipeline with equity capital, bank loans and project finance CDO issue. Structured financing allows SPV to use loans, gas transportation agreement and contractual obligations as collateral for the bond issue., Finansiranje projekata iz energetskog sektora jeste skupo, rizično i dugotrajno. Projektno finansiranje omogućava prikupljanje novčanih sredstava, privlačenje investitora i raspodelu rizika. Cilj rada jeste da se predstavi finansiranje gasovoda Južni tok na teritoriji Srbije. Projektno finansiranje omogućava finansiranje gasovoda pomoću akcijskog kapitala, bankarskih kredita i emisije CDO. Strukturirano finanisranje omogućava da SPV kao kolateral za emisiju obveznica koristi kredite, ugovore o transportu gasa i druge ugovore.",
publisher = "Univerzitet u Novom Sadu - Ekonomski fakultet, Subotica",
journal = "Anali Ekonomskog fakulteta u Subotici",
title = "Financing of South stream pipeline in Serbia, Finansiranje gasovoda Južni tok u Srbiji",
pages = "143-133",
number = "36",
url = "https://hdl.handle.net/21.15107/rcub_agrospace_4274"
}

Mirović, V., Andrašić, J.,& Zakić, V.. (2016). Financing of South stream pipeline in Serbia. in Anali Ekonomskog fakulteta u Subotici
Univerzitet u Novom Sadu - Ekonomski fakultet, Subotica.(36), 133-143.
https://hdl.handle.net/21.15107/rcub_agrospace_4274

Mirović V, Andrašić J, Zakić V. Financing of South stream pipeline in Serbia. in Anali Ekonomskog fakulteta u Subotici. 2016;(36):133-143.
https://hdl.handle.net/21.15107/rcub_agrospace_4274 .

Mirović, Vera, Andrašić, Jelena, Zakić, Vladimir, "Financing of South stream pipeline in Serbia" in Anali Ekonomskog fakulteta u Subotici, no. 36 (2016):133-143,
https://hdl.handle.net/21.15107/rcub_agrospace_4274 .

TY  - JOUR
AU  - Zakić, Vladimir
AU  - Kovačević, Vlado
PY  - 2015
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/3962
AB  - From the aspect of the size of capital, number of employees and members, the cooperative sector in the most developed EU countries is showing impressive results. On the other hand, this sector in Serbia is underdeveloped and burdened with many problems. Reaffirmation of the cooperative movement will be an important factor in the future economic development of Serbia. The new law on cooperatives, whose adoption is expected in 2016, will bring many novelties. An important issue for cooperative business is cooperative audit. The dilemmas that arise during the public hearings on the draft law on cooperatives are related to the objectives of performing cooperative audit, licensing of future cooperative auditors etc. The paper suggested some solutions that could be optimal, due to the specific business of the cooperative sector in Serbia.
AB  - Posmatrano sa aspekta veličine kapitala, broja zaposlenih i članova, zadružni sektor u razvijenim državama EU pokazuje impozantne rezultate. Sa druge strane, ovaj sektor u Srbiji je nerazvijen i opterećen brojnim problemima. Reafirmacija zadružnog pokreta predstavlja značajan faktor budućeg privrednog razvoja Srbije. Novi zakon o zadrugama, čije se usvajanje očekuje 2016. godine, doneće mnoge novine. Značajno pitanje za poslovanje zadruga je zadružna revizija. Dileme koje se javljaju tokom rasprava o Nacrtu zakona o zadrugama odnose se na pitanje ciljeva vršenja zadružne revizije, licenciranje budućih zadružnih revizora, itd. Polazeći od specifičnosti poslovanja zadružnog sektora u Srbiji, u radu su predložena određena rešenja koja bi mogla biti optimalna.
PB  - Institut za ekonomiku i finansije, Beograd
T2  - Revizor
T1  - Significance of cooperative audit for the cooperative sector development in Serbia
T1  - Značaj zadružne revizije za razvoj zadružnog sektora u Srbiji
EP  - 89
IS  - 72
SP  - 79
VL  - 18
UR  - https://hdl.handle.net/21.15107/rcub_agrospace_3962
ER  - 

@article{
author = "Zakić, Vladimir and Kovačević, Vlado",
year = "2015",
abstract = "From the aspect of the size of capital, number of employees and members, the cooperative sector in the most developed EU countries is showing impressive results. On the other hand, this sector in Serbia is underdeveloped and burdened with many problems. Reaffirmation of the cooperative movement will be an important factor in the future economic development of Serbia. The new law on cooperatives, whose adoption is expected in 2016, will bring many novelties. An important issue for cooperative business is cooperative audit. The dilemmas that arise during the public hearings on the draft law on cooperatives are related to the objectives of performing cooperative audit, licensing of future cooperative auditors etc. The paper suggested some solutions that could be optimal, due to the specific business of the cooperative sector in Serbia., Posmatrano sa aspekta veličine kapitala, broja zaposlenih i članova, zadružni sektor u razvijenim državama EU pokazuje impozantne rezultate. Sa druge strane, ovaj sektor u Srbiji je nerazvijen i opterećen brojnim problemima. Reafirmacija zadružnog pokreta predstavlja značajan faktor budućeg privrednog razvoja Srbije. Novi zakon o zadrugama, čije se usvajanje očekuje 2016. godine, doneće mnoge novine. Značajno pitanje za poslovanje zadruga je zadružna revizija. Dileme koje se javljaju tokom rasprava o Nacrtu zakona o zadrugama odnose se na pitanje ciljeva vršenja zadružne revizije, licenciranje budućih zadružnih revizora, itd. Polazeći od specifičnosti poslovanja zadružnog sektora u Srbiji, u radu su predložena određena rešenja koja bi mogla biti optimalna.",
publisher = "Institut za ekonomiku i finansije, Beograd",
journal = "Revizor",
title = "Significance of cooperative audit for the cooperative sector development in Serbia, Značaj zadružne revizije za razvoj zadružnog sektora u Srbiji",
pages = "89-79",
number = "72",
volume = "18",
url = "https://hdl.handle.net/21.15107/rcub_agrospace_3962"
}

Zakić, V.,& Kovačević, V.. (2015). Significance of cooperative audit for the cooperative sector development in Serbia. in Revizor
Institut za ekonomiku i finansije, Beograd., 18(72), 79-89.
https://hdl.handle.net/21.15107/rcub_agrospace_3962

Zakić V, Kovačević V. Significance of cooperative audit for the cooperative sector development in Serbia. in Revizor. 2015;18(72):79-89.
https://hdl.handle.net/21.15107/rcub_agrospace_3962 .

Zakić, Vladimir, Kovačević, Vlado, "Significance of cooperative audit for the cooperative sector development in Serbia" in Revizor, 18, no. 72 (2015):79-89,
https://hdl.handle.net/21.15107/rcub_agrospace_3962 .

TY  - JOUR
AU  - Zakić, Vladimir
AU  - Kovačević, Vlado
AU  - Ivkov, Ivana
AU  - Mirović, Vera
PY  - 2014
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/3595
AB  - The aim of this study was to determine the economic viability of the use of warehouse receipts for the storage of wheat and corn, based on the analysis of trends in product prices, storage costs in public warehouses and interest rate of loans against warehouse receipts. Agricultural producers are urged to sell grain at the harvest time when the price of agricultural products is usually lowest, mostly because of their needs for financial sources. Instead of selling products, farmers can store them in the public warehouses and use short-time financing by lending against warehouse receipt with usually lowest interest rate. In following months, farmers can sell products at higher price and repay short-term loan. This study showed that strategy of using public warehouses and postponing the sale of grains after harvest is profitable strategy for agricultural producers.
AB  - Cilj ovog rada je da se utvrdi ekonomska isplatljivost korišćenja javnih skladišta za skladištenje pšenice i kukuruza na osnovu analize kretanja cena proizvoda, troškova skladištenja i kamatne stope na kredite koji kao zalogu imaju robni zapis. Poljoprivredni proizvođači su usled potreba za finansijskim sredstvima često primorani da prodaju žitarice odmah nakon žetve kada je cena po pravilu najniža. Umesto prodaje, poljoprivrednici mogu uskladištiti proizvod u javnim skladištima i koristiti robni zapis kao obezbeđenje za kratkoročni kredit koji često ima nisku kamatnu stopu. U mesecima nakon žetve poljoprivrednik prodaje robu po višoj ceni i vraća kredit. Ovaj rad je ukazao na profitabilnost strategije skladištenja robe u javim skladištima i odlaganje prodaje proizvoda za period nakon žetve.
PB  - Naučno društvo agrarnih ekonomista Balkana, Beograd, Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt
T2  - Ekonomika poljoprivrede
T1  - Importance of public warehouse system for financing agribusiness sector
T1  - Značaj sistema javnih skladišta za finansiranje agro-biznis sektora
EP  - 943
IS  - 4
SP  - 929
VL  - 61
DO  - 10.5937/ekoPolj1404929Z
ER  - 

@article{
author = "Zakić, Vladimir and Kovačević, Vlado and Ivkov, Ivana and Mirović, Vera",
year = "2014",
abstract = "The aim of this study was to determine the economic viability of the use of warehouse receipts for the storage of wheat and corn, based on the analysis of trends in product prices, storage costs in public warehouses and interest rate of loans against warehouse receipts. Agricultural producers are urged to sell grain at the harvest time when the price of agricultural products is usually lowest, mostly because of their needs for financial sources. Instead of selling products, farmers can store them in the public warehouses and use short-time financing by lending against warehouse receipt with usually lowest interest rate. In following months, farmers can sell products at higher price and repay short-term loan. This study showed that strategy of using public warehouses and postponing the sale of grains after harvest is profitable strategy for agricultural producers., Cilj ovog rada je da se utvrdi ekonomska isplatljivost korišćenja javnih skladišta za skladištenje pšenice i kukuruza na osnovu analize kretanja cena proizvoda, troškova skladištenja i kamatne stope na kredite koji kao zalogu imaju robni zapis. Poljoprivredni proizvođači su usled potreba za finansijskim sredstvima često primorani da prodaju žitarice odmah nakon žetve kada je cena po pravilu najniža. Umesto prodaje, poljoprivrednici mogu uskladištiti proizvod u javnim skladištima i koristiti robni zapis kao obezbeđenje za kratkoročni kredit koji često ima nisku kamatnu stopu. U mesecima nakon žetve poljoprivrednik prodaje robu po višoj ceni i vraća kredit. Ovaj rad je ukazao na profitabilnost strategije skladištenja robe u javim skladištima i odlaganje prodaje proizvoda za period nakon žetve.",
publisher = "Naučno društvo agrarnih ekonomista Balkana, Beograd, Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt",
journal = "Ekonomika poljoprivrede",
title = "Importance of public warehouse system for financing agribusiness sector, Značaj sistema javnih skladišta za finansiranje agro-biznis sektora",
pages = "943-929",
number = "4",
volume = "61",
doi = "10.5937/ekoPolj1404929Z"
}

Zakić, V., Kovačević, V., Ivkov, I.,& Mirović, V.. (2014). Importance of public warehouse system for financing agribusiness sector. in Ekonomika poljoprivrede
Naučno društvo agrarnih ekonomista Balkana, Beograd, Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt., 61(4), 929-943.
https://doi.org/10.5937/ekoPolj1404929Z

Zakić V, Kovačević V, Ivkov I, Mirović V. Importance of public warehouse system for financing agribusiness sector. in Ekonomika poljoprivrede. 2014;61(4):929-943.
doi:10.5937/ekoPolj1404929Z .

Zakić, Vladimir, Kovačević, Vlado, Ivkov, Ivana, Mirović, Vera, "Importance of public warehouse system for financing agribusiness sector" in Ekonomika poljoprivrede, 61, no. 4 (2014):929-943,
https://doi.org/10.5937/ekoPolj1404929Z . .

TY  - JOUR
AU  - Zakić, Vladimir
AU  - Zakić, Zorka
AU  - Mirović, Vera
PY  - 2014
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/3557
AB  - Family farm in Serbia is usually associated only for agriculture. The treatment of farms within the agro-rural economy is neglected as a complex that offers significant employment opportunities. In this context the family farm has become synonymous with family business that operates within the rural complex (rural economy) where it should be systematically treated like any other micro, small and medium enterprise. Just for itself, such a farm can hardly be a generator of employment. Hence it's chances are far greater by accepting some of the models of association - where cooperatives (cooperatives) takes precedence. Since the UN declared 2014th as the International Year of the Family Agro-rural Economy, that preceded the launch of the International Year of Cooperatives (2012), this paper deals with the inevitable linking of these two topics that provide opportunity for better prosperity of the joint family farm in the rural economy just through higher employment of the individual members of the household.
AB  - Porodično gazdinstvo u Srbiji se obično vezuje samo za poljoprivredu. Zanemaren je tretman ovog gazdinstva u okviru agro-ruralne privrede kao kompleksa koji pruža značajne šanse za zapošljavanje. U tom kontekstu porodično gazdinstvo postaje sinonim za porodičnu firmu koja posluje u okviru ruralnog kompleksa (ruralna ekonomija) gde sistematski treba da bude tretirana kao i svako drugo mikro, malo i srednje preduzeće. Samo za sebe, ovakvo gazdinstvo teško može biti generator zapošljavanja. Otuda su njegove šanse daleko veće ukoliko prihvati neki od modela udruživanja - gde zadruga (kooperativa) ima prednost. Budući da su UN 2014. godinu proglasile za Međunarodnu godinu porodične agro-ruralne privrede, a čemu je prethodilo lansiranje Međunarodne godine zadruga (2012), ovaj rad se bavi neizbežnim povezivanjem navedene dve teme koje pružaju mogućnost boljeg prosperiteta udruženog porodičnog gazdinstva u ruralnoj ekonomiji upravo preko veće zaposlenosti članova pojedinačnog domaćinstva.
PB  - Društvo ekonomista Beograda, Beograd
T2  - Ekonomski vidici
T1  - Family farm in agro-rural Serbian economy as employment generator
T1  - Udruženo porodično gazdinstvo u agro-ruralnoj privredi Srbije kao generator zapošljavanja
EP  - 198
IS  - 2-3
SP  - 185
VL  - 19
UR  - https://hdl.handle.net/21.15107/rcub_agrospace_3557
ER  - 

@article{
author = "Zakić, Vladimir and Zakić, Zorka and Mirović, Vera",
year = "2014",
abstract = "Family farm in Serbia is usually associated only for agriculture. The treatment of farms within the agro-rural economy is neglected as a complex that offers significant employment opportunities. In this context the family farm has become synonymous with family business that operates within the rural complex (rural economy) where it should be systematically treated like any other micro, small and medium enterprise. Just for itself, such a farm can hardly be a generator of employment. Hence it's chances are far greater by accepting some of the models of association - where cooperatives (cooperatives) takes precedence. Since the UN declared 2014th as the International Year of the Family Agro-rural Economy, that preceded the launch of the International Year of Cooperatives (2012), this paper deals with the inevitable linking of these two topics that provide opportunity for better prosperity of the joint family farm in the rural economy just through higher employment of the individual members of the household., Porodično gazdinstvo u Srbiji se obično vezuje samo za poljoprivredu. Zanemaren je tretman ovog gazdinstva u okviru agro-ruralne privrede kao kompleksa koji pruža značajne šanse za zapošljavanje. U tom kontekstu porodično gazdinstvo postaje sinonim za porodičnu firmu koja posluje u okviru ruralnog kompleksa (ruralna ekonomija) gde sistematski treba da bude tretirana kao i svako drugo mikro, malo i srednje preduzeće. Samo za sebe, ovakvo gazdinstvo teško može biti generator zapošljavanja. Otuda su njegove šanse daleko veće ukoliko prihvati neki od modela udruživanja - gde zadruga (kooperativa) ima prednost. Budući da su UN 2014. godinu proglasile za Međunarodnu godinu porodične agro-ruralne privrede, a čemu je prethodilo lansiranje Međunarodne godine zadruga (2012), ovaj rad se bavi neizbežnim povezivanjem navedene dve teme koje pružaju mogućnost boljeg prosperiteta udruženog porodičnog gazdinstva u ruralnoj ekonomiji upravo preko veće zaposlenosti članova pojedinačnog domaćinstva.",
publisher = "Društvo ekonomista Beograda, Beograd",
journal = "Ekonomski vidici",
title = "Family farm in agro-rural Serbian economy as employment generator, Udruženo porodično gazdinstvo u agro-ruralnoj privredi Srbije kao generator zapošljavanja",
pages = "198-185",
number = "2-3",
volume = "19",
url = "https://hdl.handle.net/21.15107/rcub_agrospace_3557"
}

Zakić, V., Zakić, Z.,& Mirović, V.. (2014). Family farm in agro-rural Serbian economy as employment generator. in Ekonomski vidici
Društvo ekonomista Beograda, Beograd., 19(2-3), 185-198.
https://hdl.handle.net/21.15107/rcub_agrospace_3557

Zakić V, Zakić Z, Mirović V. Family farm in agro-rural Serbian economy as employment generator. in Ekonomski vidici. 2014;19(2-3):185-198.
https://hdl.handle.net/21.15107/rcub_agrospace_3557 .

Zakić, Vladimir, Zakić, Zorka, Mirović, Vera, "Family farm in agro-rural Serbian economy as employment generator" in Ekonomski vidici, 19, no. 2-3 (2014):185-198,
https://hdl.handle.net/21.15107/rcub_agrospace_3557 .

TY  - JOUR
AU  - Vasiljević, Zorica
AU  - Kovačević, Vlado
AU  - Zakić, Vladimir
PY  - 2014
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/3552
AB  - In this paper it is analysed importance and possibilities of improving risk management segment of Serbian agriculture as well as a comparison with the system of risk management in the EU that Serbia will be obliged to implement with EU accession. Agriculture is exposed to a number of risks because of its specific nature. The emergence of those risks could lead to the losses in production and income. Climate changes, volatility of prices of agricultural products/inputs causes the need for development of the instruments for risk management in agricultural sector. Analyses leads to the conclusion that risk management instruments are poorly developed, mainly due to the fact that Serbian agricultural sector was for a decades developed in the system that had elements of a planned economy, so it is essential to develop tools for risk management in agriculture, which will enable agricultural sector to manage different types of risks. The importance of developing instruments for business risk management in agriculture to the overall economy of Serbia is in ensuring food security, stabilization of the agricultural products' prices, increasing the profits in agriculture. Development of instruments for risk management leads to an improvement of the agrarian sector and increased employment, as well as the need for engagement of experts in the risk management.
AB  - Poljoprivreda je zbog svoje prirode izložena velikom broju rizika, čiji nastanak može dovesti do gubitaka u proizvodnji i nestabilnosti u poslovanju. Klimatske promene, izražena volatilnost kretanja cena poljoprivrednih proizvoda/ inputa uslovile su potrebu za uspostavljanjem instrumenta za upravljanje rizikom poslovanja u poljoprivredi. Analizom u navedenoj oblasti dolazi se do zaključka da su instrumenti za upravljanje rizikom poslovanja u poljoprivrednom sektoru slabo razvijeni s obzirom da se Srbija više decenija razvijala u sistemu koji je imao elemente planske ekonomije, tako da je neophodno razviti instrumente za upravljanje rizikom u poljoprivredi koji će omogućiti privrednim subjektima u poljoprivrednom sektoru sigurnije i izvesnije uslove poslovanja. Značaj razvoja instrumenata za upravljanja rizikom poslovanja u poljoprivredi za ukupnu privredu Srbije je u obezbeđivanju prehrambene sigurnosti, stabilizaciji cena poljoprivrednih proizvoda, povećanju profi ta u poljoprivredi. Razvoj instrumenata za upravljanja rizikom kroz unapređenje agrosektora dovodi i do povećanja zaposlenosti i potrebe za angažovanjem stručnjaka za poslove upravljanja poslovnim rizikom. U radu je analiziran značaj i mogućnosti unapređenja segmenta upravljanja rizikom poslovanja u poljoprivrednom sektoru Srbije uz komparaciju sa sistemom upravljanja rizikom u EU, koji će Srbija članstvom u EU imati obavezu da primeni.
PB  - Društvo ekonomista Beograda, Beograd
T2  - Ekonomski vidici
T1  - Development of instruments for management of business risk in agriculture in the function of economic development of Serbia
T1  - Razvoj instrumenata za upravljanje rizikom poslovanja u poljoprivredi u funkciji privrednog razvoja Srbije
EP  - 346
IS  - 2-3
SP  - 333
VL  - 19
UR  - https://hdl.handle.net/21.15107/rcub_agrospace_3552
ER  - 

@article{
author = "Vasiljević, Zorica and Kovačević, Vlado and Zakić, Vladimir",
year = "2014",
abstract = "In this paper it is analysed importance and possibilities of improving risk management segment of Serbian agriculture as well as a comparison with the system of risk management in the EU that Serbia will be obliged to implement with EU accession. Agriculture is exposed to a number of risks because of its specific nature. The emergence of those risks could lead to the losses in production and income. Climate changes, volatility of prices of agricultural products/inputs causes the need for development of the instruments for risk management in agricultural sector. Analyses leads to the conclusion that risk management instruments are poorly developed, mainly due to the fact that Serbian agricultural sector was for a decades developed in the system that had elements of a planned economy, so it is essential to develop tools for risk management in agriculture, which will enable agricultural sector to manage different types of risks. The importance of developing instruments for business risk management in agriculture to the overall economy of Serbia is in ensuring food security, stabilization of the agricultural products' prices, increasing the profits in agriculture. Development of instruments for risk management leads to an improvement of the agrarian sector and increased employment, as well as the need for engagement of experts in the risk management., Poljoprivreda je zbog svoje prirode izložena velikom broju rizika, čiji nastanak može dovesti do gubitaka u proizvodnji i nestabilnosti u poslovanju. Klimatske promene, izražena volatilnost kretanja cena poljoprivrednih proizvoda/ inputa uslovile su potrebu za uspostavljanjem instrumenta za upravljanje rizikom poslovanja u poljoprivredi. Analizom u navedenoj oblasti dolazi se do zaključka da su instrumenti za upravljanje rizikom poslovanja u poljoprivrednom sektoru slabo razvijeni s obzirom da se Srbija više decenija razvijala u sistemu koji je imao elemente planske ekonomije, tako da je neophodno razviti instrumente za upravljanje rizikom u poljoprivredi koji će omogućiti privrednim subjektima u poljoprivrednom sektoru sigurnije i izvesnije uslove poslovanja. Značaj razvoja instrumenata za upravljanja rizikom poslovanja u poljoprivredi za ukupnu privredu Srbije je u obezbeđivanju prehrambene sigurnosti, stabilizaciji cena poljoprivrednih proizvoda, povećanju profi ta u poljoprivredi. Razvoj instrumenata za upravljanja rizikom kroz unapređenje agrosektora dovodi i do povećanja zaposlenosti i potrebe za angažovanjem stručnjaka za poslove upravljanja poslovnim rizikom. U radu je analiziran značaj i mogućnosti unapređenja segmenta upravljanja rizikom poslovanja u poljoprivrednom sektoru Srbije uz komparaciju sa sistemom upravljanja rizikom u EU, koji će Srbija članstvom u EU imati obavezu da primeni.",
publisher = "Društvo ekonomista Beograda, Beograd",
journal = "Ekonomski vidici",
title = "Development of instruments for management of business risk in agriculture in the function of economic development of Serbia, Razvoj instrumenata za upravljanje rizikom poslovanja u poljoprivredi u funkciji privrednog razvoja Srbije",
pages = "346-333",
number = "2-3",
volume = "19",
url = "https://hdl.handle.net/21.15107/rcub_agrospace_3552"
}

Vasiljević, Z., Kovačević, V.,& Zakić, V.. (2014). Development of instruments for management of business risk in agriculture in the function of economic development of Serbia. in Ekonomski vidici
Društvo ekonomista Beograda, Beograd., 19(2-3), 333-346.
https://hdl.handle.net/21.15107/rcub_agrospace_3552

Vasiljević Z, Kovačević V, Zakić V. Development of instruments for management of business risk in agriculture in the function of economic development of Serbia. in Ekonomski vidici. 2014;19(2-3):333-346.
https://hdl.handle.net/21.15107/rcub_agrospace_3552 .

Vasiljević, Zorica, Kovačević, Vlado, Zakić, Vladimir, "Development of instruments for management of business risk in agriculture in the function of economic development of Serbia" in Ekonomski vidici, 19, no. 2-3 (2014):333-346,
https://hdl.handle.net/21.15107/rcub_agrospace_3552 .

TY  - JOUR
AU  - Borović, Natalija
AU  - Zakić, Vladimir
PY  - 2013
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/3291
AB  - Public sector, to whom belong budget users, is a complex system that deals with satisfying the needs of the public interest and because of its importance requires special supervision and control. The term of supervision and control means monitoring the execution of delegated authority, then the monitoring of the effectiveness and performance of defined tasks, as well as monitoring authority and responsibility in the consumption of allocated resources. Focusing on improving the operations of these entities, which is a goal of internal audit, helps to reduce the gap between permanent domination of non-profit demand in relation to the possibility of its satisfaction, in accordance with the principles of access, equity and humanity of the realization of general needs. Improvement in this respect should be in the interest of the community.
AB  - Javni sektor kome pripadaju i korisnici budžetskih sredstava je složen sistem koji se bavi zadovoljenjem potreba od javnog interesa i koji zbog značaja posla koji obavlja zahteva poseban nadzor i kontrolu. Pod pojmom nadzora i kontrole podrazumeva se praćenje izvršenja poverenih nadležnosti, zatim praćenje načina i efikasnosti izvršenja definisanih poslova i zadataka, kao i praćenje ovlašćenja i odgovornosti u potrošnji opredeljenih resursa. Fokusiranje na unapređenje poslovanja ovih subjekata, što je cilj rada interne revizije, jedan je od načina koji doprinosi smanjenju raskoraka između stalne dominacije neprofitne tražnje u odnosu na mogućnosti njenog zadovoljenja, u skladu sa principima dostupnosti, pravičnosti i humanosti realizacije opštih potreba. Unapređenja po ovom osnovu treba da budu u javnom interesu.
PB  - Ministarstvo finansija Republike Srbije, Beograd
T2  - Finansije
T1  - Role and importance of internal audit for improvement of budget user management function
T1  - Uloga i značaj interne revizije za unapređenje upravljačke funkcije budžetskih korisnika
EP  - 36
IS  - 1-6
SP  - 23
VL  - 68
UR  - https://hdl.handle.net/21.15107/rcub_agrospace_3291
ER  - 

@article{
author = "Borović, Natalija and Zakić, Vladimir",
year = "2013",
abstract = "Public sector, to whom belong budget users, is a complex system that deals with satisfying the needs of the public interest and because of its importance requires special supervision and control. The term of supervision and control means monitoring the execution of delegated authority, then the monitoring of the effectiveness and performance of defined tasks, as well as monitoring authority and responsibility in the consumption of allocated resources. Focusing on improving the operations of these entities, which is a goal of internal audit, helps to reduce the gap between permanent domination of non-profit demand in relation to the possibility of its satisfaction, in accordance with the principles of access, equity and humanity of the realization of general needs. Improvement in this respect should be in the interest of the community., Javni sektor kome pripadaju i korisnici budžetskih sredstava je složen sistem koji se bavi zadovoljenjem potreba od javnog interesa i koji zbog značaja posla koji obavlja zahteva poseban nadzor i kontrolu. Pod pojmom nadzora i kontrole podrazumeva se praćenje izvršenja poverenih nadležnosti, zatim praćenje načina i efikasnosti izvršenja definisanih poslova i zadataka, kao i praćenje ovlašćenja i odgovornosti u potrošnji opredeljenih resursa. Fokusiranje na unapređenje poslovanja ovih subjekata, što je cilj rada interne revizije, jedan je od načina koji doprinosi smanjenju raskoraka između stalne dominacije neprofitne tražnje u odnosu na mogućnosti njenog zadovoljenja, u skladu sa principima dostupnosti, pravičnosti i humanosti realizacije opštih potreba. Unapređenja po ovom osnovu treba da budu u javnom interesu.",
publisher = "Ministarstvo finansija Republike Srbije, Beograd",
journal = "Finansije",
title = "Role and importance of internal audit for improvement of budget user management function, Uloga i značaj interne revizije za unapređenje upravljačke funkcije budžetskih korisnika",
pages = "36-23",
number = "1-6",
volume = "68",
url = "https://hdl.handle.net/21.15107/rcub_agrospace_3291"
}

Borović, N.,& Zakić, V.. (2013). Role and importance of internal audit for improvement of budget user management function. in Finansije
Ministarstvo finansija Republike Srbije, Beograd., 68(1-6), 23-36.
https://hdl.handle.net/21.15107/rcub_agrospace_3291

Borović N, Zakić V. Role and importance of internal audit for improvement of budget user management function. in Finansije. 2013;68(1-6):23-36.
https://hdl.handle.net/21.15107/rcub_agrospace_3291 .

Borović, Natalija, Zakić, Vladimir, "Role and importance of internal audit for improvement of budget user management function" in Finansije, 68, no. 1-6 (2013):23-36,
https://hdl.handle.net/21.15107/rcub_agrospace_3291 .

TY  - JOUR
AU  - Zakić, Vladimir
PY  - 2013
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/3308
AB  - The goal of this paper is to present a comparative analysis of two value creation concepts applied in most developed countries: Anglo-American concept of shareholder value creation and the Continental model of stakeholder value creation. In shareholder systems, also known as Anglo-American model, shareholders exert dominant influence. In major stakeholder systems, marked as Continental model, influence is shared between large shareholders, employees, customers and suppliers. The aim of this paper is to analyze the impact of globalization and economic crisis on the goals of corporate enterprises, which have largely led to convergence of two opposing value creation concepts.
AB  - Predmet rada je uporedna analiza dva koncepta generisanja vrednosti koja se primenjuju u najrazvijenijim državama: angloamerički koncept generisanja vrednosti za akcionare i kontinentalni model generisanja vrednosti za zainteresovane subjekte (interesente ili stejkholdere /stakeholders/). Generisanje vrednosti za akcionare, koje se označava kao angloamerički model, podrazumeva dominantan uticaj akcionara. Generisanje vrednosti za ključne zainteresovane subjekte, označeno kao kontinentalni model, podrazumeva raspodelu uticaja između većinskih akcionara, potrošača i zaposlenih. Cilj rada je analiza uticaja globalnih promena i ekonomske krize na ciljeve korporativnih preduzeća, koje u značajnoj meri dovode do približavanja nekada suprotstavljenih koncepata generisanja vrednosti.
PB  - Matica srpska, Novi Sad
T2  - Zbornik Matice srpske za društvene nauke
T1  - Creating values for stakeholders as a goal of a modern corporate enterprise
T1  - Generisanje vrednosti za zainteresovane subjekte kao cilj savremenog korporativnog preduzeća
EP  - 481
IS  - 144
SP  - 467
UR  - https://hdl.handle.net/21.15107/rcub_agrospace_3308
ER  - 

@article{
author = "Zakić, Vladimir",
year = "2013",
abstract = "The goal of this paper is to present a comparative analysis of two value creation concepts applied in most developed countries: Anglo-American concept of shareholder value creation and the Continental model of stakeholder value creation. In shareholder systems, also known as Anglo-American model, shareholders exert dominant influence. In major stakeholder systems, marked as Continental model, influence is shared between large shareholders, employees, customers and suppliers. The aim of this paper is to analyze the impact of globalization and economic crisis on the goals of corporate enterprises, which have largely led to convergence of two opposing value creation concepts., Predmet rada je uporedna analiza dva koncepta generisanja vrednosti koja se primenjuju u najrazvijenijim državama: angloamerički koncept generisanja vrednosti za akcionare i kontinentalni model generisanja vrednosti za zainteresovane subjekte (interesente ili stejkholdere /stakeholders/). Generisanje vrednosti za akcionare, koje se označava kao angloamerički model, podrazumeva dominantan uticaj akcionara. Generisanje vrednosti za ključne zainteresovane subjekte, označeno kao kontinentalni model, podrazumeva raspodelu uticaja između većinskih akcionara, potrošača i zaposlenih. Cilj rada je analiza uticaja globalnih promena i ekonomske krize na ciljeve korporativnih preduzeća, koje u značajnoj meri dovode do približavanja nekada suprotstavljenih koncepata generisanja vrednosti.",
publisher = "Matica srpska, Novi Sad",
journal = "Zbornik Matice srpske za društvene nauke",
title = "Creating values for stakeholders as a goal of a modern corporate enterprise, Generisanje vrednosti za zainteresovane subjekte kao cilj savremenog korporativnog preduzeća",
pages = "481-467",
number = "144",
url = "https://hdl.handle.net/21.15107/rcub_agrospace_3308"
}

Zakić, V.. (2013). Creating values for stakeholders as a goal of a modern corporate enterprise. in Zbornik Matice srpske za društvene nauke
Matica srpska, Novi Sad.(144), 467-481.
https://hdl.handle.net/21.15107/rcub_agrospace_3308

Zakić V. Creating values for stakeholders as a goal of a modern corporate enterprise. in Zbornik Matice srpske za društvene nauke. 2013;(144):467-481.
https://hdl.handle.net/21.15107/rcub_agrospace_3308 .

Zakić, Vladimir, "Creating values for stakeholders as a goal of a modern corporate enterprise" in Zbornik Matice srpske za društvene nauke, no. 144 (2013):467-481,
https://hdl.handle.net/21.15107/rcub_agrospace_3308 .

TY  - JOUR
AU  - Zakić, Vladimir
AU  - Vasiljević, Zorica
PY  - 2013
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/3247
AB  - Pronounced fluctuations in prices of agricultural products have caused the need for creation of instruments that allow price risk management. During the 1970s there were created the commodity and financial derivatives that allow price risk management of agricultural products, foreign exchange rates, interest rates, etc. With regard to the prices of agricultural products fluctuation in Serbia, the assumption is that the establishment of commodity derivatives markets would allow farmers to ensure their products price prior to harvest. The commodity derivatives market has a positive effect on the increase of the total production volume and lower interest rate loans for agricultural sector. For the functioning of commodity derivatives, it is necessary to establish institutional preconditions. Serbia is in the process of setting up a regulatory framework for commodity-related exchange transactions, which gives particular importance to the analysis and studies related to the establishment of institutional preconditions for the functioning of organized commodity markets.
AB  - Izražena fluktacija cena poljoprivrednih proizvoda uslovila je potrebu za kreiranjem instrumenata koji omogućavaju upravljanje rizikom promene cena. Sedamdesetih godina dvadesetog veka kreirani su robni i finansijski derivati koji omogućavaju upravljanje rizikom promene cena poljoprivrednih proizvoda, deviznih kurseva, kamatnih stopa i sl. S obzirom na izraženu fluktaciju cena poljoprivrednih proizvoda u Srbiji, osnovana je pretpostavka da bi uspostavljanje tržišta robnih derivata omogućilo poljoprivrednim proizvođačima da cenu svog proizvoda osiguraju pre žetve/berbe. Tržište robnih derivata pozitivno utiče i na povećanja ukupnog obima proizvodnje i snižavanje kamatnih stopa kredita plasiranih u poljoprivredni sektor. Za funkcionisanje robnih derivata neophodno je uspostavljanje institucionalnih preduslova. Srbija se nalazi u fazi postavljanja regulatornog okvira vezanog za robno-berzansko poslovanje, čime analize i studije vezane za uspostavljanje institucionalnih pretpostavki za funkcionisanje organizovanog robnog tržišta dobijaju na značaju.
PB  - Društvo ekonomista Beograda, Beograd
T2  - Ekonomski vidici
T1  - Establishment of the commodity derivatives market in the function of agribusiness sector improvement in Serbia
T1  - Uspostavljanje tržišta robnih derivata u funkciji unapređenja poslovanja agrosektora u Srbiji
EP  - 61
IS  - 1
SP  - 49
VL  - 18
UR  - https://hdl.handle.net/21.15107/rcub_agrospace_3247
ER  - 

@article{
author = "Zakić, Vladimir and Vasiljević, Zorica",
year = "2013",
abstract = "Pronounced fluctuations in prices of agricultural products have caused the need for creation of instruments that allow price risk management. During the 1970s there were created the commodity and financial derivatives that allow price risk management of agricultural products, foreign exchange rates, interest rates, etc. With regard to the prices of agricultural products fluctuation in Serbia, the assumption is that the establishment of commodity derivatives markets would allow farmers to ensure their products price prior to harvest. The commodity derivatives market has a positive effect on the increase of the total production volume and lower interest rate loans for agricultural sector. For the functioning of commodity derivatives, it is necessary to establish institutional preconditions. Serbia is in the process of setting up a regulatory framework for commodity-related exchange transactions, which gives particular importance to the analysis and studies related to the establishment of institutional preconditions for the functioning of organized commodity markets., Izražena fluktacija cena poljoprivrednih proizvoda uslovila je potrebu za kreiranjem instrumenata koji omogućavaju upravljanje rizikom promene cena. Sedamdesetih godina dvadesetog veka kreirani su robni i finansijski derivati koji omogućavaju upravljanje rizikom promene cena poljoprivrednih proizvoda, deviznih kurseva, kamatnih stopa i sl. S obzirom na izraženu fluktaciju cena poljoprivrednih proizvoda u Srbiji, osnovana je pretpostavka da bi uspostavljanje tržišta robnih derivata omogućilo poljoprivrednim proizvođačima da cenu svog proizvoda osiguraju pre žetve/berbe. Tržište robnih derivata pozitivno utiče i na povećanja ukupnog obima proizvodnje i snižavanje kamatnih stopa kredita plasiranih u poljoprivredni sektor. Za funkcionisanje robnih derivata neophodno je uspostavljanje institucionalnih preduslova. Srbija se nalazi u fazi postavljanja regulatornog okvira vezanog za robno-berzansko poslovanje, čime analize i studije vezane za uspostavljanje institucionalnih pretpostavki za funkcionisanje organizovanog robnog tržišta dobijaju na značaju.",
publisher = "Društvo ekonomista Beograda, Beograd",
journal = "Ekonomski vidici",
title = "Establishment of the commodity derivatives market in the function of agribusiness sector improvement in Serbia, Uspostavljanje tržišta robnih derivata u funkciji unapređenja poslovanja agrosektora u Srbiji",
pages = "61-49",
number = "1",
volume = "18",
url = "https://hdl.handle.net/21.15107/rcub_agrospace_3247"
}

Zakić, V.,& Vasiljević, Z.. (2013). Establishment of the commodity derivatives market in the function of agribusiness sector improvement in Serbia. in Ekonomski vidici
Društvo ekonomista Beograda, Beograd., 18(1), 49-61.
https://hdl.handle.net/21.15107/rcub_agrospace_3247

Zakić V, Vasiljević Z. Establishment of the commodity derivatives market in the function of agribusiness sector improvement in Serbia. in Ekonomski vidici. 2013;18(1):49-61.
https://hdl.handle.net/21.15107/rcub_agrospace_3247 .

Zakić, Vladimir, Vasiljević, Zorica, "Establishment of the commodity derivatives market in the function of agribusiness sector improvement in Serbia" in Ekonomski vidici, 18, no. 1 (2013):49-61,
https://hdl.handle.net/21.15107/rcub_agrospace_3247 .

TY  - JOUR
AU  - Zakić, Vladimir
AU  - Vasiljević, Zorica
AU  - Zarić, Vlade
PY  - 2012
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/2906
AB  - The subject of this paper is to analyze dividend policy of ten representative companies in the food industry sector. In the conditions of limited and expensive sources of financing, as a significant alternative to borrowing stands the stock market. In business of domestic corporations, however, the issue of new shares represents a rare event. A very important factor for future development of the primary equity market is an increase in volume of trading on the 'asleep' secondary market. Lack of demand and falling trading volume prevents the growth of share prices, and thus the possibility of realizing capital gains from their sale. In such circumstances, the main reason of investment in shares can be dividend yield. The goal of this paper is to analyze the opportunities and to provide guidelines in formulating effective dividend policies in order to attract certain groups of shareholders, among which the most important are institutional investors, which in their portfolios do not usually hold more than a few percent of the shares of individual companies.
AB  - Predmet istraživanja u ovom radu je analiza politike dividendi deset reprezentativnih preduzeća prehrambene industrije. U uslovima ograničenih i skupih izvora finansiranja, kao veoma značajna alternativa zaduživanju ističe se primarno tržište akcija. U praksi domaćih korporativnih preduzeća, međutim, emitovanje novih akcija predstavlja retku pojavu. Veoma značajan faktor budućeg razvoja primarnog tržišta akcija predstavlja povećanje obima trgovanja na trenutno uspavanom sekundarnom tržištu. Nedostatak tražnje i pad obima trgovanja onemogućava rast cena akcija, a time i mogućnost ostvarenja kapitalne dobiti od njihove prodaje. U takvim uslovima, osnovni razlog ulaganja u akcije može biti prinos po osnovu dividendi. Cilj ovog rada jeste da analizira mogućnosti i pruži smernice prilikom formulisanja efektivne politike dividendi u funkciji privlačenja određenih grupa akcionara, među kojima se kao najznačajniji mogu izdvojiti institucionalni investitori.
PB  - Naučno društvo agrarnih ekonomista Balkana, Beograd, Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt
T2  - Ekonomika poljoprivrede
T1  - Relevance of dividend policy for food industry corporations in Serbia
T1  - Značaj politike dividendi za preduzeća prehrambene industrije u Srbiji
EP  - 822
IS  - 4
SP  - 809
VL  - 59
UR  - https://hdl.handle.net/21.15107/rcub_agrospace_2906
ER  - 

@article{
author = "Zakić, Vladimir and Vasiljević, Zorica and Zarić, Vlade",
year = "2012",
abstract = "The subject of this paper is to analyze dividend policy of ten representative companies in the food industry sector. In the conditions of limited and expensive sources of financing, as a significant alternative to borrowing stands the stock market. In business of domestic corporations, however, the issue of new shares represents a rare event. A very important factor for future development of the primary equity market is an increase in volume of trading on the 'asleep' secondary market. Lack of demand and falling trading volume prevents the growth of share prices, and thus the possibility of realizing capital gains from their sale. In such circumstances, the main reason of investment in shares can be dividend yield. The goal of this paper is to analyze the opportunities and to provide guidelines in formulating effective dividend policies in order to attract certain groups of shareholders, among which the most important are institutional investors, which in their portfolios do not usually hold more than a few percent of the shares of individual companies., Predmet istraživanja u ovom radu je analiza politike dividendi deset reprezentativnih preduzeća prehrambene industrije. U uslovima ograničenih i skupih izvora finansiranja, kao veoma značajna alternativa zaduživanju ističe se primarno tržište akcija. U praksi domaćih korporativnih preduzeća, međutim, emitovanje novih akcija predstavlja retku pojavu. Veoma značajan faktor budućeg razvoja primarnog tržišta akcija predstavlja povećanje obima trgovanja na trenutno uspavanom sekundarnom tržištu. Nedostatak tražnje i pad obima trgovanja onemogućava rast cena akcija, a time i mogućnost ostvarenja kapitalne dobiti od njihove prodaje. U takvim uslovima, osnovni razlog ulaganja u akcije može biti prinos po osnovu dividendi. Cilj ovog rada jeste da analizira mogućnosti i pruži smernice prilikom formulisanja efektivne politike dividendi u funkciji privlačenja određenih grupa akcionara, među kojima se kao najznačajniji mogu izdvojiti institucionalni investitori.",
publisher = "Naučno društvo agrarnih ekonomista Balkana, Beograd, Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt",
journal = "Ekonomika poljoprivrede",
title = "Relevance of dividend policy for food industry corporations in Serbia, Značaj politike dividendi za preduzeća prehrambene industrije u Srbiji",
pages = "822-809",
number = "4",
volume = "59",
url = "https://hdl.handle.net/21.15107/rcub_agrospace_2906"
}

Zakić, V., Vasiljević, Z.,& Zarić, V.. (2012). Relevance of dividend policy for food industry corporations in Serbia. in Ekonomika poljoprivrede
Naučno društvo agrarnih ekonomista Balkana, Beograd, Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt., 59(4), 809-822.
https://hdl.handle.net/21.15107/rcub_agrospace_2906

Zakić V, Vasiljević Z, Zarić V. Relevance of dividend policy for food industry corporations in Serbia. in Ekonomika poljoprivrede. 2012;59(4):809-822.
https://hdl.handle.net/21.15107/rcub_agrospace_2906 .

Zakić, Vladimir, Vasiljević, Zorica, Zarić, Vlade, "Relevance of dividend policy for food industry corporations in Serbia" in Ekonomika poljoprivrede, 59, no. 4 (2012):809-822,
https://hdl.handle.net/21.15107/rcub_agrospace_2906 .

TY  - JOUR
AU  - Zakić, Vladimir
AU  - Vasiljević, Zorica
AU  - Zarić, Vlade
PY  - 2011
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/2574
AB  - In addition to foreign investments inflow, the long-term economic development of all countries in transition is also determined to a great extent by development of securities' markets, particularly stock markets. Taking advantage of corporate enterprises in connection with the raising of equity, it can be concluded that their growth and development is associated with the development in the primary stock market. In addition to stock market, in this paper it will be also discussed the development of the bond market in Serbia, as an extremely important form of borrowing, that has many advantages over borrowing from commercial banks and other financial institutions.
AB  - Pored priliva stranih investicija, dugoročni privredni razvoj svih zemalja u tranziciji je u značajnoj meri determinisan i razvojem tržišta hartija od vrednosti, a naročito tržišta akcija. Polazeći od prednosti korporativnih preduzeća u vezi sa mogućnostima prikupljanja sopstvenog kapitala, može se zaključiti da je njihov rast i razvoj izraženo povezan sa razvojem primarnog tržišta akcija. Pored tržišta akcija, u radu će biti razmatran i razvoj tržišta obveznica u Srbiji, kao izuzetno značajne forme zaduživanja koja ima brojne prednosti u odnosu na zaduživanje kod komercijalnih banaka i drugih finansijskih institucija.
PB  - Društvo ekonomista Beograda, Beograd
T2  - Ekonomski vidici
T1  - Securities market as a development factor of corporate enterprises in Serbia
T1  - Tržište hartija od vrednosti kao faktor razvoja korporativnih preduzeća u Srbiji
EP  - 746
IS  - 4
SP  - 735
VL  - 16
UR  - https://hdl.handle.net/21.15107/rcub_agrospace_2574
ER  - 

@article{
author = "Zakić, Vladimir and Vasiljević, Zorica and Zarić, Vlade",
year = "2011",
abstract = "In addition to foreign investments inflow, the long-term economic development of all countries in transition is also determined to a great extent by development of securities' markets, particularly stock markets. Taking advantage of corporate enterprises in connection with the raising of equity, it can be concluded that their growth and development is associated with the development in the primary stock market. In addition to stock market, in this paper it will be also discussed the development of the bond market in Serbia, as an extremely important form of borrowing, that has many advantages over borrowing from commercial banks and other financial institutions., Pored priliva stranih investicija, dugoročni privredni razvoj svih zemalja u tranziciji je u značajnoj meri determinisan i razvojem tržišta hartija od vrednosti, a naročito tržišta akcija. Polazeći od prednosti korporativnih preduzeća u vezi sa mogućnostima prikupljanja sopstvenog kapitala, može se zaključiti da je njihov rast i razvoj izraženo povezan sa razvojem primarnog tržišta akcija. Pored tržišta akcija, u radu će biti razmatran i razvoj tržišta obveznica u Srbiji, kao izuzetno značajne forme zaduživanja koja ima brojne prednosti u odnosu na zaduživanje kod komercijalnih banaka i drugih finansijskih institucija.",
publisher = "Društvo ekonomista Beograda, Beograd",
journal = "Ekonomski vidici",
title = "Securities market as a development factor of corporate enterprises in Serbia, Tržište hartija od vrednosti kao faktor razvoja korporativnih preduzeća u Srbiji",
pages = "746-735",
number = "4",
volume = "16",
url = "https://hdl.handle.net/21.15107/rcub_agrospace_2574"
}

Zakić, V., Vasiljević, Z.,& Zarić, V.. (2011). Securities market as a development factor of corporate enterprises in Serbia. in Ekonomski vidici
Društvo ekonomista Beograda, Beograd., 16(4), 735-746.
https://hdl.handle.net/21.15107/rcub_agrospace_2574

Zakić V, Vasiljević Z, Zarić V. Securities market as a development factor of corporate enterprises in Serbia. in Ekonomski vidici. 2011;16(4):735-746.
https://hdl.handle.net/21.15107/rcub_agrospace_2574 .

Zakić, Vladimir, Vasiljević, Zorica, Zarić, Vlade, "Securities market as a development factor of corporate enterprises in Serbia" in Ekonomski vidici, 16, no. 4 (2011):735-746,
https://hdl.handle.net/21.15107/rcub_agrospace_2574 .

TY  - JOUR
AU  - Vasiljević, Zorica
AU  - Zarić, Vlade
AU  - Zakić, Vladimir
PY  - 2011
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/2576
AB  - Agriculture is an economic branch that has great importance for Republic of Serbia. It provides food security for population, but it is also a major source of raw materials for numerous industrial capacities. Because of the impact on other sectors of the economy, agriculture is important for the overall development of the Republic of Serbia, since it employs a large number of people (directly and indirectly), participates in a substantial share of gross domestic product and foreign trade, contributing to rural development and ecological balance. The basic strategic determinations of agricultural and rural development in Serbia are contained in several legal, strategic and program documents. These are before of all The Agricultural Development Strategy of Serbia (2005), The Law on Agriculture and Rural Development (2009), The National Program of Agriculture 2011-2013 (2010), The National Program of Rural Development 2011-2013 (2011) and the Draft Strategy for Agricultural and Rural Development for the 2010-2020 period, which is in the process of public discussion. In the paper there have been presented and analyzed the strategic determinations contained in indicated documents. .
AB  - Poljoprivreda je privredna grana koja ima veliki značaj za Republiku Srbiju. Ona obezbeđuje prehrambenu sigurnost stanovništva, ali je i glavni izvor sirovina za brojne industrijske kapacitete. Zbog uticaja na druge sektore privrede, poljoprivreda je značajna za sveukupni razvoj Republike Srbije, s obzirom da zapošljava veliki broj ljudi (direktno i indirektno), učestvuje značajnim delom u bruto domaćem proizvodu i spoljnoj trgovini, doprinosi ruralnom razvoju i ekološkoj ravnoteži. Osnovna strateška opredeljenja razvoja poljoprivrede i sela u Srbiji sadržana su u nekoliko zakonskih, strateških i programskih dokumenata. To su pre svega Strategija razvoja poljoprivrede Srbije (2005.), Zakon o poljoprivredi i ruralnom razvoju (2009.), Nacionalni program poljoprivrede 2011-2013. (2010.), Nacionalni program ruralnog razvoja 2011-2013. (2011.) i Nacrt Strategije poljoprivrede i ruralnog razvoja za period 2010. do 2020. koji se nalazi u fazi javne rasprave. U radu su izložena i analizirana strateška opredeljenja sadržana u navedenim dokumentima. .
PB  - Društvo ekonomista Beograda, Beograd
T2  - Ekonomski vidici
T1  - Basic strategic determinations of agricultural and rural development in Serbia until 2020
T1  - Osnovna strateška opredeljenja razvoja poljoprivrede i sela u Srbiji do 2020. godine
EP  - 287
IS  - 2
SP  - 275
VL  - 16
UR  - https://hdl.handle.net/21.15107/rcub_agrospace_2576
ER  - 

@article{
author = "Vasiljević, Zorica and Zarić, Vlade and Zakić, Vladimir",
year = "2011",
abstract = "Agriculture is an economic branch that has great importance for Republic of Serbia. It provides food security for population, but it is also a major source of raw materials for numerous industrial capacities. Because of the impact on other sectors of the economy, agriculture is important for the overall development of the Republic of Serbia, since it employs a large number of people (directly and indirectly), participates in a substantial share of gross domestic product and foreign trade, contributing to rural development and ecological balance. The basic strategic determinations of agricultural and rural development in Serbia are contained in several legal, strategic and program documents. These are before of all The Agricultural Development Strategy of Serbia (2005), The Law on Agriculture and Rural Development (2009), The National Program of Agriculture 2011-2013 (2010), The National Program of Rural Development 2011-2013 (2011) and the Draft Strategy for Agricultural and Rural Development for the 2010-2020 period, which is in the process of public discussion. In the paper there have been presented and analyzed the strategic determinations contained in indicated documents. ., Poljoprivreda je privredna grana koja ima veliki značaj za Republiku Srbiju. Ona obezbeđuje prehrambenu sigurnost stanovništva, ali je i glavni izvor sirovina za brojne industrijske kapacitete. Zbog uticaja na druge sektore privrede, poljoprivreda je značajna za sveukupni razvoj Republike Srbije, s obzirom da zapošljava veliki broj ljudi (direktno i indirektno), učestvuje značajnim delom u bruto domaćem proizvodu i spoljnoj trgovini, doprinosi ruralnom razvoju i ekološkoj ravnoteži. Osnovna strateška opredeljenja razvoja poljoprivrede i sela u Srbiji sadržana su u nekoliko zakonskih, strateških i programskih dokumenata. To su pre svega Strategija razvoja poljoprivrede Srbije (2005.), Zakon o poljoprivredi i ruralnom razvoju (2009.), Nacionalni program poljoprivrede 2011-2013. (2010.), Nacionalni program ruralnog razvoja 2011-2013. (2011.) i Nacrt Strategije poljoprivrede i ruralnog razvoja za period 2010. do 2020. koji se nalazi u fazi javne rasprave. U radu su izložena i analizirana strateška opredeljenja sadržana u navedenim dokumentima. .",
publisher = "Društvo ekonomista Beograda, Beograd",
journal = "Ekonomski vidici",
title = "Basic strategic determinations of agricultural and rural development in Serbia until 2020, Osnovna strateška opredeljenja razvoja poljoprivrede i sela u Srbiji do 2020. godine",
pages = "287-275",
number = "2",
volume = "16",
url = "https://hdl.handle.net/21.15107/rcub_agrospace_2576"
}

Vasiljević, Z., Zarić, V.,& Zakić, V.. (2011). Basic strategic determinations of agricultural and rural development in Serbia until 2020. in Ekonomski vidici
Društvo ekonomista Beograda, Beograd., 16(2), 275-287.
https://hdl.handle.net/21.15107/rcub_agrospace_2576

Vasiljević Z, Zarić V, Zakić V. Basic strategic determinations of agricultural and rural development in Serbia until 2020. in Ekonomski vidici. 2011;16(2):275-287.
https://hdl.handle.net/21.15107/rcub_agrospace_2576 .

Vasiljević, Zorica, Zarić, Vlade, Zakić, Vladimir, "Basic strategic determinations of agricultural and rural development in Serbia until 2020" in Ekonomski vidici, 16, no. 2 (2011):275-287,
https://hdl.handle.net/21.15107/rcub_agrospace_2576 .