In the contemporary business environment, traditional accounting systems, such as double-entry bookkeeping, face increasing criticism due to growing demands for transparency and security in financial transactions. While double-entry bookkeeping remains the foundation of modern accounting practices, its limitations are increasingly evident in the co...

By Teodor Petrović, Ljiljana Tanasić, Željana Jovičić

In today's rapidly changing business environment, digital transformation is emerging as a key success factor for organizations of various sizes and organizational structures. This paper explores how digital transformation affects the business decision-making process within organizations, highlighting its importance for improving efficiency, accurac...

By Živko Erceg, Nataša Đalić

In the modern world, commercial organizations are increasingly involved in addressing social issues within society. Recently, the topic of business engagement in solving social problems has been developing in Russia, with a focus on demographic policy. The aim of our research is to analyze university students' attitudes toward business as a subject...

By Aleksandr Neshataev

Today, international business faces a greater number of risks than ever before. This article delves into and evaluates the risks associated with the transformation of companies operating in the international market. Transformation involves a shift in the company’s strategic approach and mindset. In the contemporary business environment, conti...

By Dragana Vujičić Stefanović, Dragan Milovanović, Boško Mekinjić

The countries of the Western Balkans have behind them two and a half decades of too slow recovery. The paper tests the hypothesis that without stable development institutions and adequate economic reforms, high rates of economic growth that will lead to sustainable development are not possible. Low rates of growth and living standards result in pop...

By Dragana Milenković, Tanja Vujović, Ivan Milenković

This paper examines the growing issue of money laundering through cryptocurrencies on a global scale. Criminals use digital assets to launder illicitly obtained funds, converting them into cryptocurrencies to obscure the origins of the money. Unlike traditional financial systems, decentralized finance (DeFi) platforms lack mechanisms to freeze or b...

By Marijana Joksimović, Marija Paunović, Stevica Dedjanski

The world economy has been exposed to intense cyclical movements since the beginning of the 21st century. After the global economic crisis of 2008, several years of stabilization and recovery followed. Тhe last few years have seen global disruptions caused by various factors, such as: the migrant crisis, the crisis caused by the COVID-19 pandemic a...

By Bilјana Srdić Gojković, Branko Krsmanović, Milenko Krajišnik

This article derives its foundation from my conference keynote address. Specifically, the perspectives I have chosen align with images and realities drawn from the contemporary global economy, which I have synthesized into a comprehensive collection of the most significant contemporary economic challenges we encounter worldwide. The purpose of each...

By Panagiotis Kontakos

The modern world is a complicated paradigm of influence and struggle for interests, with the fact that the possibilities of winning positions have diversified and increased in a sophisticated way!? Military, economic and political scenarios and penetration projects are integrated with the aim of gaining dominance in the market, especially in the ma...

By Spasoje Tuševljak

The role and importance of socially responsible business in the last few years has been recognized in various economic activities. In addition to its importance in various economic activities, corporate social responsibility plays an important role for sustainable development. The aim of the work is based on the examination of the achieved level of...

By Marko Aleksić, Nemanja Berber, Dimitrije Gašić