Editorial team
Editor-in-Chief
Saša Petković, PhD, Full Professor
University of Banja Luka, Faculty of Economics, Banja Luka, Bosnia & Herzegovina
Editorial Assistant
Miloš Grujić, PhD, Assistan Professor
The University of Business Studies, Banja Luka &
the Pension Reserve Fund of the Republic of Srpska, Inc. Banja Luka
Bosnia & Herzegovina
milos.grujic@pref.rs.ba
Senior Associate Editors
Maja Ivanović Đukić, PhD, Full Professor
University of Niš, Faculty of Economics, Niš, Serbia
maja.djukic@eknfak.ni.ac.rs
Marko Kolaković, PhD, Full Professor
University of Zagreb, Faculty of Economics, Zagreb, Croatia
mkolakovic@efzg.hr
Branka Topić-Pavković, PhD, Associate Professor
University of Banja Luka, Faculty of Economics, Banja Luka, Bosnia & Herzegovina
branka.topic-pavkovic@ef.unibl.org
Mladen Rebić, PhD, Associate Professor
University of East Sarajevo, Faculty of Economics, Pale, Bosnia & Herzegovina
mladen.rebic@ekofis.ues.rs.ba
Editorial Advisory Board
Vinko Kandžija, PhD, Professor Emeritus
University of Rijeka, Faculty of Economics, Rijeka, Croatia
Donato Iacobucci, PhD, Full Professor
Università Politecnica delle Marche, Ancona, Italy
Georgios A. Panos, PhD, Full Professor
University of Glasgow, Adam Smith Business School, UK
Jovo Ateljević, PhD, Full Professor
University of Banja Luka, Faculty of Economics, Banja Luka Bosnia & Herzegovina
Pablo Salvador Blesa Aledo, PhD
UCAM Universidad Católica San Antonio de Murcia, Murcia, Spain
Clemens Jäger, PhD, Full Professor
FOM Hochschule für Oekonomie & Management University of Applied Sciences, Essen, Germany
Dragana Bašić, Full Professor
University of Banja Luka, Faculty of Economics, Banja Luka, Bosnia & Herzegovina
Eric Frère, PhD, Full Professor
FOM Hochschule für Oekonomie & Management University of Applied Sciences, Essen, Germany
Marija Radosavljević, Full Professor
University of Niš, Faculty of Economics, Niš, Serbia
Ljubo Jurčić, PhD, Full Professor
University of Zagreb, Faculty of Economics, Zagreb, Croatia
Goran Petković, PhD, Full Professor
University of Belgrade, Faculty of Economics, Belgrade, Serbia
Tamas Czegledy, PhD
FH Burgenland, University of Applied Sciences, Management Doktoratsprogramme, Eisenstadt, Austria
Nikša Alfirević, PhD, Full Professor
University of Split, Faculty of Economics, Split, Croatia
Boban Melović, PhD, Full Professor
University of Montenegro, Faculty of Economics, Podgorica, Montenegro
Predrag Trpeski, PhD, Full Professor
Ss. Cyril and Methodius University in Skopje, Skopje, North Macedonia
Željko Vaško, PhD, Full Professor
University of Banja Luka, Faculty of Agriculture, Department of Agricultural Economics,
Banja Luka, Bosnia & Herzegovina
Dragana Radičić, PhD, Associate Professor
University of Lincoln, Lincoln International Business School, Lincoln, United Kingdom
Marko Đogo, PhD, Associate Professor
University of East Sarajevo, Faculty of Economics, Pale, Bosnia & Herzegovina
Stevo Pucar, PhD, Associate Professor
University of Banja Luka, Faculty of Economics, Banja Luka, Bosnia & Herzegovina
Neven Šerić, PhD, Associate Professor
University of Split, Faculty of Economics, Split, Croatia
Milan Kostić, PhD, Associate Professor
University of Kragujevac, Faculty of Economics, Kragujevac, Serbia
Predrag Gajić, PhD, Associate Professor
University of Banja Luka, Faculty of Economics, Banja Luka, Bosnia & Herzegovina
Ian Jackson, PhD, Associate Professor
University of Wolverhampton, Faculty of Social Sciences, Economics and Finance, Wolverhampton, UK
Boško Mekinjić, PhD, Assistant Professor
University of Banja Luka, Faculty of Economics, Banja Luka, Bosnia & Herzegovina
Predrag Mlinarević, PhD, Assistant Professor
University of East Sarajevo, Faculty of Economics, Pale, Bosnia & Herzegovina
Ilija Stojanović, PhD, Assistant Professor
American University in the Emirates, College of Business Administration, Dubai, United Arab Emirates
Bojan Baškot, PhD, Assistant Professor
University of Banja Luka, Faculty of Economics, Bosnia & Herzegovina
Marko Selaković, PhD, Assistant Professor
S P Jain School of Global Management, Dubai, United Arab Emirates
Miodrag Jandrić, PhD, Assistant Professor
The University of Business Studies, Banja Luka
Ivan Turčić, PhD, Senior Assistant
University of Zagreb, Faculty of Economics, Zagreb, Croatia
Entrepreneur and Practitioner Advisory Board
Aleksandar Vlahović
Association of Economists of Serbia, Belgrade, Serbia
Publisher
Republic of Srpska Association of Economists „SWOT“, Bosnia and Herzegovina
Dragiše Vasića bb St.
78 000 Banja Luka
E-mail: casopis@swot.ba
http://www.swot.ba
Executive director: Saša Grabovac
Editorial Board secretary: Miloš Grujić
Text Assembly and Printing: Bam Consult d.o.o. Banja Luka
Circulation: 100