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Small and medium enterprises as a base for restructuring Serbian economy
Univeristy of Niš, Faculty of Economy
Keywords: small enterprise; medium enterprise; cost efficiency; financial innovativeness; economy restructuring
Abstract
The paper shows different theoretical and business approaches to the company's size as well as the fact that the company's cost efficiency is a more important parameter of the companies' differentiation (with respect to the size and/or success) than the property or the achieved business results. Then the paper presents the nature of financial innovativeness of small and medium enterprises. Finally, our managers are suggested to asses continually their production, technological, information and other advantages as well as shortcomings of small and medium enterprises in order to optimize their size and their contribution to the structural transformation of Serbian economy.
References
*** (1996) Zakon o računovodstvu. Službeni list SRJ, br. 46/96 i 60/96
Davenport, T.H. (2001) The attention economy. Boston, MA, itd: Harvard Business School Press
Figar, N.B. (2002) Downsizing - oblik restrukturiranja preduzeća. Poslovna politika, vol. 31, br. 12, str. 38-43
Guortni, D.D., Strup, R.L. (1996) Ekonomija i prosperitet - šta svako treba da zna o tržišnoj privredi?. Beograd: Institut ekonomskih nauka
Ljutić, B.Ž., Polić, S.R. (2002) IT revizija - most revizije i informacione tehnologije. Beograd: MBA Press
Pasekova, M., Hyblova, E. (2003) The financial management of small and medium-sized enterprises. Tomas Bata Univesity, Czeck Republic
van Buren, K.M. (1996) Is bigger better?: Explaning the relationship between organization size and job rewards. American Sociological Review, Feb
Vemić, M. (2003) Finansijski rizici i portfolio menadžment MSP. Poslovna politika, vol. 32, br. 11, str. 50-54
 

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article language: English
document type: Paper
published in SCIndeks: 02/06/2007

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