https://www.um.edu.mt/library/oar/handle/123456789/66690 2026-04-11T14:23:10Z 2026-04-11T14:23:10Z https://www.um.edu.mt/library/oar/handle/123456789/66929 2021-01-11T08:14:17Z 2016-01-01T00:00:00Z

Title: Journal of Corporate Governance, Insurance and Risk Management : volume 3 : issue 1 Editors: Todorović, Igor; Grima, Simon; Özen, Ercan; Tipurić, Darko Abstract: 1/ Darko Tipurić, Radoslav Barišić, Josip Arnerić - The complexity of the competitive repertoire and firm performance; 2/ Michele Rubino, Filippo Vitolla - The effects of network agreements on firms’ performance; 3/ Azra Ahmic, Aziz Šunje, Emir Kurtić - The influence of top managers' personal values on sustainability of SMEs in developing countries; 4/ Nathalie Devillier - Whistleblowing policy and corporate governance strategy; 5/ Marina Dabić, Andrea Razum, Ružica Brečić - Product and process innovation : a cross country comparison between Croatia, Poland and the UK; 6/ Jagna Mucha - Materialisation of the concept of good governance by effective investment dispute resolution in the European Union; 7/ Igor Todorović, Jelena Poljašević - The impact of a going-concern audit opinion on board of directors; 8/ Ivana Kovač, Ivan Novak, Davor Vlajčić - Interdependence of managerial capabilities and business internationalization; 9/ Tomislav Herceg, Ilko Vrankic, Fran Galetic - Technological progress in Croatian non-perennial agriculture; 10/ Ceferi Soler, Marta Flores - Leadership and corporate social responsibility in El Salvador : the Maquila factory league; 11/ Hana Horak, Kosjenka Dumančić, Kristijan Poljanec - The interconnection of company data : a way forward in development of freedom of establishment?; 12/ Boris Tušek, Barišić Ivana - Internal audit activities as a support to governance processes; 13/ Robert Fabac, Marina Klačmer Čalopa, Tanja Šestanj-Perić - Relationship between CSR and financial performance : companies within ZSE CROBEX10 index

2016-01-01T00:00:00Z Tipuric, Darko Barisic, Radoslav Arneric, Josip https://www.um.edu.mt/library/oar/handle/123456789/66893 2021-01-11T07:16:59Z 2016-01-01T00:00:00Z

Title: The complexity of the competitive repertoire and firm performance Authors: Tipuric, Darko; Barisic, Radoslav; Arneric, Josip Abstract: Complexity of competitive repertoire is the ability of a firm to undertake a wider range of diverse competitive moves than its competitors. Firm undertaking diverse competitive moves can enhance capabilities and potentially achieve competitive advantage and superior performance, especially in environment with uncertainty and volatility characteristics. Besides, complexity of competitive repertoire gives stakeholders a series of information on the firm characteristics, its resources and/or specific know-how for intense rivalry. The goal of this paper is to provide theoretical and practical overview on the construct of complexity of competitive repertoire and the method of its computing. In addition, relationship between complexity of the competitive repertoire and the firm performance on a sample of seventeen Croatian firm dyads are analyzed. Results show that the higher level of complexity in a competitive repertoire has a positive effect on firm performance.

2016-01-01T00:00:00Z Rubino, Michele Vitolla, Filippo https://www.um.edu.mt/library/oar/handle/123456789/66892 2021-01-11T07:03:44Z 2016-01-01T00:00:00Z

Title: The effects of network agreements on firms’ performance Authors: Rubino, Michele; Vitolla, Filippo Abstract: In the current economic environment characterized by globalization, technological innovation, financial crisis, firms are facing a sharp drop in sales, production and number of employees. These changes require firms to formulate viable business responses to prevent market exit. One of the ways to strengthen the production system is represented by network agreement, according to which firms work together to achieve a common goal to be more competitive and to achieve what they themselves could not do because of the limitations inherent in the lack flexibility, expertise and lack of financial resources. The purpose of this paper is to evaluate the effectiveness of the network agreements implemented by firms operating in the industrial sector. The analysis is conducted on the Italian firms that, from 2009, have started collaborative relationships through the network contract introduced by the Italian law n. 33 of 9th April 2009. The paper is structured as follows. The first part examines the main contributions in the literature concerning the topics related to networks and the firms' competitiveness and also the reasons influencing the formation and development of alliances between firms. The second part, instead, is focused on the evaluation of the effectiveness of the network contracts by observing the performance of firms before and after their join the network. In terms of competitiveness has been observed sales while, with regard to profitability was observed the return on investment (ROI). The findings show significant results in relation to both the turnover and profitability.

2016-01-01T00:00:00Z Ahmic, Azra Sunje, Aziz Kurtic, Emir https://www.um.edu.mt/library/oar/handle/123456789/66891 2021-01-11T07:03:02Z 2016-01-01T00:00:00Z

Title: The influence of top managers' personal values on sustainability of SMEs in developing countries Authors: Ahmic, Azra; Sunje, Aziz; Kurtic, Emir Abstract: The purpose of this paper is to provide a new theoretical insight regarding top managers' personal values in developing countries based on the Schwartz Values Theory (Schwartz, 1992, 1996, 2006; Schwartz and Bilsky, 1990) and to explore the influence of top managers' personal values on sustainability performances of successful businesses. The research describes personal values differences between top managers and their commitment to pro-social and pro-environmental responsibility who were approached through the validated and reliable questionnaire on identifying top managers' personal values (PVQ40) and questionnaire on sustainability indicators observed through the „triple bottom line“ concept which includes three measuring elements: financial, social and environmental performances (Fauzi, Svensson and Rahman, 2010). Given that top managers are very often the owners in SMEs, their values are largely reflected in the organizational values, which means that in small pro-environmentaly oriented firms, the personal values of ownersmanagers seem to play a much stronger part in motivating proenvironmental behaviors than in other SMEs (Lawrence at al., 2006). With regard to business sustainability, it is still insufficiently known, developed and understood in Southeast Europe and in developing countries. Therefore, this research may be used to encourage companies and local governments to include a sustainability issues in their business activities as a pre-condition for business success and competitiveness. The managers in SMEs can use this research as a guideline on introduction of contemporary principles of sustainability into their companies and to improve and direct their personal values towards sustainability.

2016-01-01T00:00:00Z