Faculty of Economics

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    Item type:Publication,
    Income Mobility and Mixing in North Macedonia
    (Faculty of Economics-Skopje, Ss. Cyril and Methodius University in Skopje, 2023-12-15)
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    Mitikj, Sonja
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    This study presents the inaugural analysis of income mobility in North Macedonia from 1995-2021 using the Mixing Time and Mean First Passage Time (MFPT) metrics. We document larger mobility (in terms of Mixing Time) during the '90s, with and decreasing trend (in terms of mobility) until 1999. After this year the Mixing time has been consistent with a value of around 4 years. Using the MFPT, we highlight the evolving challenges individuals face when aspiring to higher income tiers. Namely, we show that there was a noticeable upward trend in MFPT from 1995 to 2006, a subsequent decline until 2017, and then an ascent again, peaking in 2021. These findings provide a foundational perspective on the income mobility in North Macedonia.
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    Item type:Publication,
    Determinants of Online Impulse Buying Behaviour of Generation Z - The Case of North Macedonia
    (Faculty of Economics-Skopje, Ss. Cyril and Methodius University in Skopje, 2023-12-15)
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    The phenomenon of impulse buying has been attracting the attention of researchers and practitioners worldwide for decades and it continues to attract attention in e-commerce domain in recent years. However, there are few studies on the determinants of online impulse buying behavior of young consumers especially in developing countries. Therefore, this study research aims to fill this gap and explore the influencing factors on young consumers' impulsive behaviour while online in North Macedonia. Followed by the accelerated growth of e-commerce in North Macedonia especially during and after pandemic, the interest on impulse buying behaviour of online consumers has increased from marketing and business perspective. This study examines the crucial factors impacting consumers online impulse buying behaviour based on the extended Technology Acceptance Model (TAM). A survey was conducted via an online questionnaire, among 151 young respondents from March to May 2023. Demographic data was collected as well as data considering shopping online habits and structure of goods/services shopped online. The basic constructs of the initial model, such as perceived ease of use, perceived usefulness, attitude towards use, were examined. Specific new constructs of interest were added in the research such as individual characteristics (impulsiveness) and environment mainly including website quality measured by several features in relation to impulse buying. The data analysis supports the presumption that personal tendency to buy on impulse is the most significant predictor of impulse buying intention online. The model developed in this study provides relevant theoretical and practical implications by confirming that some of the tested factors are critical in online impulsive buying behaviour of generation Z consumers in a developing country context. Findings can be instrumental in the context of web design and choice of products and/or services to be offered as items for impulse buyers in North Macedonia.
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    Item type:Publication,
    Legal and Accounting Considerations for Non-Profit Organizations: A Comparative Study of Macedonian and Croatian Regulations
    (Faculty of Economics-Skopje, Ss. Cyril and Methodius University in Skopje, 2023-12-15)
    Dionisijev, Ivan
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    Perica, Ivana
    Non-profit organizations play a critical role in addressing societal needs and fostering social welfare. They depend on robust accounting frameworks to ensure transparency, accountability, and effective financial management. However, the legal and regulatory environments governing NPO accounting practices vary internationally, impacting operational and reporting requirements. In recent years, North Macedonia and Croatia have witnessed substantial growth in their non-profit sectors, spanning education, healthcare, environment, and social development. With an increasing number and complexity of NPOs, it is essential to analyze the legal frameworks shaping their accounting practices to ensure reliable and comparable financial data. This study conducts a comparative analysis of the legal frameworks and accounting regulations governing NPOs in North Macedonia and Croatia. It examines aspects such as registration procedures, tax regulations, financial reporting, and governance requirements. The comparative analysis in this research paper provides insights into the intricacies of legal, taxation, and accounting aspects within NPOs in North Macedonia and Croatia. It underscores the need for NPOs to navigate specific regulations governing their operations in each country. Researchers, policymakers, and practitioners can draw valuable insights from this study to gain a deeper understanding of challenges and opportunities within the non-profit sector in these contexts. Significant potential exists for future comprehensive analysis utilizing a quantitative methodology coupled with a meticulously crafted questionnaire. This survey instrument could be systematically distributed to a purposive sample of NPOs in both countries under investigation. Furthermore, interviews with duly authorized representatives of NPOs, strategically scheduled in the research timeline, hold promise for enriching our comprehension of the responses garnered through the administered questionnaires.