Envelope Wages in Bosnia and Herzegovina: Incidence and Distributional Implications

Kurta, Amela; Oruč, Nermin; Kramer, Dželila

doi:10.1007/978-3-031-06112-7_3

Cited by 2 publications

(2 citation statements)

References 12 publications

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“…However, these findings are susceptible to further evaluation, since the tax burden is heavy for the SMEs in Bosnia and Herzegovina (16). Businesses in Bosnia and Herzegovina often resort to strategies such as partial revenue disclosure or implementation of envelope wages, as noted by Kurta et al (17). While there is a lack of studies specifically examining these practices in the veterinary industry, it is not implausible to consider the possibility of similar scenarios within this particular business niche.…”

Section: Discussionmentioning

confidence: 99%

The impact of digital presence and use of information technology on business performance of veterinary practices: a case study of Bosnia and Herzegovina

Fejzić,

Muftić,

Šerić-Haračić

et al. 2023

Front. Vet. Sci.

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IntroductionThe veterinary profession is facing various challenges in the 21st century, such as livestock production intensification, shifting distribution of infectious diseases, growing focus on food safety alongside growing demand for companion animals’ veterinary services. Information technologies and digitalization trends had driven changes in many business sectors, including providing veterinary services thus opening new avenues to overcome the existing challenges this profession is facing.MethodsA study was conducted among 244 veterinary practices in Bosnia and Herzegovina. The gathered information related to subjects involving digital presence, the utilization of information technologies, and the business performance. To obtain this information, a personalized questionnaire was utilized as the means for collecting data.ResultsThe study revealed that only 10.2% had a business-associated website, and 54.9% were present on at least one social media platform. The study suggests that a positive impact on annual profit can be achieved through the implementation of effective digital marketing strategies such as web presence, search engine optimization, Google business account existence, website Google advertisement, continuous administration of social media, and social media advertisement. The statistical analysis indicates that Google advertisements, website search engine optimization, and social media advertisements greatly affect annual profit.DiscussionImproving digital presence of veterinary businesses with professionally managed websites, use of social media platforms, investment in online marketing strategies, and adopting telehealth services and online access to patient records positively affects business performance and better fits the growing needs of clients and society.

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Section: Discussionmentioning

confidence: 99%

The impact of digital presence and use of information technology on business performance of veterinary practices: a case study of Bosnia and Herzegovina

Fejzić,

Muftić,

Šerić-Haračić

et al. 2023

Front. Vet. Sci.

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“…The main business problems stem from the transition: difficulties in the collection of receivables from debtors, complicated legal procedures that regulate the work and business operations of enterprises, high rates of taxes and contributions on wages, and expensive and complicated procedures for obtaining loans from commercial banks (Petković et al, 2016). All these results in lots of informal economy and its deviants as envelope wages that are a widespread phenomenon (Kurta et al, 2022). CSR is mostly focused on philanthropy, as in other developing countries (Ćatić-Kajtazović & Šumar, 2020).…”

Section: Literature Reviewmentioning

confidence: 99%

The Relationship between Cross-sectoral Partnership and Business Performance: Case of Bosnia and Herzegovina

Čavalić,

Husaković

2024

IBR

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The relationship between the civil and business sectors has intensified in the last few years, including cross-sectoral partnerships as part of corporate social responsibility. The authors examine the impact of these partnerships on the performance of 100 of the largest businesses in Bosnia and Herzegovina. Large companies were chosen because they are most likely to be involved with corporate social responsibility activities and cooperation with civil society organizations. Methodologically, the authors analyzed the effect of these partnerships on business performance using four Balanced Scorecard components - three non-financial and one financial performance. The research results show specific influences on non-financial business performance but not financial performance.

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Envelope Wages in Bosnia and Herzegovina: Incidence and Distributional Implications

Cited by 2 publications

References 12 publications

The impact of digital presence and use of information technology on business performance of veterinary practices: a case study of Bosnia and Herzegovina

The impact of digital presence and use of information technology on business performance of veterinary practices: a case study of Bosnia and Herzegovina

The Relationship between Cross-sectoral Partnership and Business Performance: Case of Bosnia and Herzegovina

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