Contemporary Financial Management


Slađana Benković (ed)
University of Belgrade, Faculty of Organizational Sciences
Veljko Dmitrović (ed)
University of Belgrade, Faculty of Organizational Sciences
Miloš Milosavljević (ed)
University of Belgrade, Faculty of Organizational Sciences


Financial management as a scholalry field has been rapidly chaning in the last few decaades. This paradigm shoft has been fueled by the non-precendented development of ICT technology, globalization, man-made and natural disasters and consequent crises. The aim of this book is to collect evidence on the development of financial management, both in the public and corporate sector. The book has 33 chapters, each with novel contributions to theory and practice of financial management. The book is an output of the Contemporary Financial Management Conference held in Belgrade, from 7-10 December 2022. The contributions come from various geographic regions including mainly Europe (the UK, Germany, Italy, Slovakia, Portugal, Serbia, Croatia, Montenegro, Bosnia and Herzegovina, Albania, North Macedonia), and Asia (Vietnam, and the Philippines). As for the topics – the chapters provide novel contributions to stock markets, cryptocurrencies, taxation, accounting and auditing, accounting and business intelligence, performance management and compensations, sustainable finance, financial technologies and much more. Chapters are based in various methodologies, ranging from literature reviews and theoretical conceptualizations to data science-related methodologies. The book offers valuable input for practitioners, scholars, policy makers, students and many other stakeholders interested in the ever-changing field of financial management.


  • Revisiting the Efficiency of Performance Budgeting in OECD Countries: Lessons for Balkan Countries
    Meldina Kokorović Jukan, Elman Nadžaković
  • Albanian Local Authorities’ Dynamics of Expenditures and the Structure of Financial Resources
    Nevila Xhindi, Teuta Xhindi
  • The Value Relevance of Intangible Assets: Evidence from an Emerging Market Vietnam
    Hoang Nguyen, To Minh Tan Le
  • The Impact of the Application of Business Intelligence Tools on the Company's Performance
    Jelena Demko – Rihter, Nevena Conić
  • Employees' Perception of the Performance Evaluation Process Elements: Evidence from Banking Industry
    Nela Rakic, Sladjana Barjaktarovic Rakocevic, Marina Ignjatovic
  • Audit Market Concentration: Some Evidence from the Republic of North Macedonia
    Zorica Bozhinovska Lazarevska, Ivan Dionisijev, Todor Tocev, Bojan Malcev
  • Non-financial Reporting Analysis: Does EU Membership Affect the Disclosure of Non-financial Information in Blue-Chip Companies?
    Atanasko Atanasovski, Marina Trpeska, Todor Tocev, Bojan Malcev, Ivan Dionisijev
  • Impact of the Dividend Policy and Related Corporate Governance Mechanisms on Agency Costs
    Ivana Đunđek Kokotec, Tihana Grbac, Marina Klačmer Čalopa
  • Financing Policies of Innovative Italian SMEs: Who Finances Business Innovation?
    Alessandro Gennaro
  • Determinants of Investors’ Satisfaction at Industrial Zones in the Central Region of Vietnam
    Xuan Hung Pham
  • Behavioural Interventions in Tax and Fee Collection – Not Always a Success
    Mária Murray Svidroňová, Katarína Vitálišová, Nikoleta Jakuš Muthová, Juraj Nemec
  • Benchmarking the Efficiency of Montenegro’s Local Self-governments
    Branko Radulovic, Stefan Dragutinovic, Bojana Boskovic
  • Delimitation of Energy and Financial Regulation on the EU Wholesale Energy Market
    Strahinja Obrenović
  • Impact of Behaviour Nudges on Tax Compliance: Age as a Factor in Municipalities in the Republic of North Macedonia
    Vesna Garvanlieva Andonova, Marjan Nikolov
  • Is There a Relationship Among Investor Sentiment Industries? Evidence from the Vietnamese Stock Market
    Anh Tram Luong, Thai Hong Le, Huong Thi Thu Phung, Thanh Trung Le
  • Promises and Perils of E-taxation in Serbia
    Sergej Popović, Miloš Milosavljević, Nemanja Milanović
  • Portfolio Selection: Micro and Macro Analysis of the Philippine Stock Market Using AHP and FTS-MC
    Kianna Denise C. Villapando, Rene Estember, Michael N. Young, Anak Agung Ngurah Perwira Redi, Yogi Tri Prasetyo, Satria Fadil Persada, Reny Nadlifatin
  • Cryptocurrency Portfolio Selection Using Technical Analysis Indicators
    Leif Emerson C. Francisco, Michael N. Young, Yogi Tri Prasetyo, Satria Fadil Persada, Reny Nadlifatin
  • Writing Misdemeanor and Criminal Charges in Audit: Evidence from Serbia
    Veljko Dmitrović, Nemanja Milenković, Nemanja Jakovljević
  • Optimisation of Insurance Capital and Reserve Using Catastrophe Bonds
    Madhu Acharyya, Ahmed Abdullah Abdelkarrim Abdullah Zarroug
  • Greenium: Myth or Reality - Do Green Bonds have Lower Yields?
    Milo Ivančević
  • Financial Development, Banking Sector and Economic Growth in BiH: An Empirical Analysis
    Branka Topić Pavković, Slaviša Kovačević, Drago Kurušić
  • Financing of Wind Energy Projects in Serbia: Current Status and Future Prospects
    Željko Spasenić, Slađana Benković, Slađana Sredojević
  • The Loyalty of Internet Banking Users in Serbia
    Zenaida Sabotic, Semir Vehapi, Ahmedin Lekpek
  • CEO Compensation and Firm’s ESG Performance – An Analysis of Banks and Insurance Companies
    Madhu Acharyya, Congzhong Ye
  • Spreadsheet Application for Determining Activity Priority of Control and Inspection Authorities
    Maja Jovanović, Slobodan Antić, Lena Đorđević Milutinović
  • Analysis of Acid Mine Drainage Effects to the Domestic Water Resources Using GIS-Based Technique
    Delia Senoro, Kevin Lawrence De Jesus, Cris Edward Monjardin
  • Financial Management of Budgetary Revenues via Enhanced Digital Tax Literacy in Serbia
    Goran Radosavljević, Aleksandra Lazevski, Mihajlno Babin, Miloš Erić
  • Modeling and Forecasting CPI in Serbia Using the SARIMA Model
    Katarina Nikolić, Dragana Radojičić
  • Tail Risk Transmission in the Foreign Exchange Market: A Quantile LASSO Regression Approach
    Tan T. M. Le, Frank Martin, Duc Khuong Nguyen
  • Are There Price Effects of Adding or Deleting Stock From the Stock Index?
    Dragana Draganac, Miroslav Todorović
Cover for Contemporary Financial Management
February 9, 2023

Details about this monograph

Co-publisher's ISBN-13 (24)
ISBN 978-961-7124-14-9 (PDF)
DOI (06)
Date of first publication (11)