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Monitoring Of Monetary-Credit Policy As Part Of The Decision-Making Of The Top Management Of The Companies Established By Local Self-Government Units On The Example Of The Republic Of Serbia

Author

Listed:
  • IVAN ARNAUTOVIC

    (HIGH SCHOOL OF ENTREPRENEURSHIP, 11000 BEOGRAD, REPUBLIC OF SERBIA)

  • VELJKO SAMARDZIC

    (VOCATIONAL SCHOOL FOR ENTREPRENEURSHIP, KARADORDEVA 15, 11000 BELGRADE, REPUBLIC OF SERBIA)

  • GORAN VITOMIR

    (NOVA BANKA A.D. BANJA LUKA, REPUBLIKA SRPSKA, BOSNIA & HERZEGOVINA)

  • TATJANA DAVIDOV

    (INFOSTAN TEHNOLOGIJE D.O.O. BEOGRAD, 11000 BEOGRAD, REPUBLIC OF SERBIA)

  • SANDA NASTIC

    (JKP TRZNICA NOVI SAD, ZIKE POPOVICA 4, 21000 NOVI SAD, REPUBLIC OF SERBIA)

  • SLOBODAN POPOVIC

    (AUTHORIZED PUBLIC SECTOR INTERNAL AUDITOR JKP GRADSKO ZELENILO NOVI SAD, MLADENA LESKOVCA 1, 21000 NOVI SAD, REPUBLIC OF SERBIA)

Abstract

Monetary and credit policy is basically seen as a set of rules, regulations, measures and instruments that in the broadest sense by the state authorities regulate the money supply, money supply, structure and dynamics of credit, economic liquidity, economic stability and more. Therefore, in this way, the state affects the business of the economy as a whole, that is, it affects the business of a large number of companies. Based on the impact of monetary and credit policy, it is clear that this impact is reflected in the business and decision-making of top management in the public sector. In this paper, the authors draw attention to some of the influences of macroeconomics on the decision-making process of top management in public and public utility companies whose founders are local governments. According to the authors, these influences largely depend on: the strength, the size of the company, the activity in which the company operates, and the development of the economy as a whole. This is of particular importance to be applied and respected in countries in transition. A large number of such countries have been on the road to EU accession for a long time, so it is of great importance to improve the business of public companies and bring them closer to the standards that apply in the EU.

Suggested Citation

  • Ivan Arnautovic & Veljko Samardzic & Goran Vitomir & Tatjana Davidov & Sanda Nastic & Slobodan Popovic, 2021. "Monitoring Of Monetary-Credit Policy As Part Of The Decision-Making Of The Top Management Of The Companies Established By Local Self-Government Units On The Example Of The Republic Of Serbia," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 22-28, August.
    • Handle: RePEc:cbu:jrnlec:y:2021:v:4:p:22-28
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    References listed on IDEAS

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