Editorial Team

Editor-in-Chief

• Stelios Bekiros, University of Malta, Malta

Editor in Chief Assistant

• Dragana Radičić, University of Lincoln, Department of Accountancy, Finance and Economics, United Kingdom
• Petar Đukić, Faculty of Technology and Metallurgy, University of Belgrade, Full professor, Serbia
• Adis Puška, Government of the Brčko District of BiH, Bosnia and Herzegovina

Editorial Advisory Board

• Gil S. Epstein, Bar-Ilan University, Israel
• Cevat Tosun, School of Business The George Washington, USA
• Iqtidar Shah, Yorkville University, British Columbia Campus, Canada
• Phoebe Koundouri, Athens University of Economics and Business, Greece
• Marcello Signorelli, Dipartimento di Economica, Universita degli Studi di Perugia, Italy
• Mohammad Saud Khan, Victoria University of Wellington, New Zealand
• Zsuzsa Reka Huszar, National University of Singapore, Singapore
• Nikola Fabris, University of Belgrade, Faculty of Economics, Serbia 
• Fábio Albergaria de Queiroz, Catholic University of Brasilia, Brasil
• Tristan Nguyen, Hochschule Fresenius University of Applied Sciences, Germany 
• Alberto Posso, RMIT University, Australia 
  
• Shu Lung Kuo, Technology Management Open University of Kaohsiung, Taiwan
• Oleksandr V. Dluhopolskyi, West Ukrainian National University (Ternopil city), Ukraine

INTERNATIONAL EDITORIAL BOARD MEMBERS

United States (USA)

• Tom Gillpatrick, Portland State University, USA
• Leland Buddress, Portland State University, USA
• Roofia Galeshi, Radford University, USA
• Jason Caudill, King University, USA
• Hugh J. Ault, Boston College, USA
• Richard J. Fast, George Mason University, USA
• Jason Patalinghug, Southern Connecticut State University, USA

Israel

• Andrey Kudryavtsev, The Max Stern Yezreel Valley Academic College, Emek Yezreel, Israel

United Kingdom (UK)

• Christopher Hartwell, Bournemouth University, United Kingdom
• Denis Hyams-Ssekasi, Research Coordinator and Lecturer in the Institute of Management at the University of Bolton, UK
• Lorenzo Trapani, University of Nottingham, UK
• Tarek Abdel Fattah, University of Portsmouth, UK

Luxembourg

• Virginie Terraza, Faculty of Law, University of Luxembourg, Luxembourg

Puerto Rico

• Cynthia Sénquiz - Diaz, Universidad Ana G. Méndez, Division of Business, Tourism & Entrepreneurship, Gurabo, Puerto Rico

Japan

• Taro Abe, Nagoya Gakuin University (Culture & Human Resources), Japan

Switzerland

• Isabelle Collet, University of Geneva, Switzerland

Germany

• Willy Legrand, IU International University of Applied Sciences, Germany

Austria

• Ahu Genis - Gruber, University of Applied Sciences Upper Austria, Austria 

South Korea

• Bipithalal Balakrishnan Nair, Woosong University, South Korea
  

China

• Tafazal Kumail, Guangxi University of Finance and Economics, Nanning, China
• Zhou dr Bin, Ningbo University, China
• Hamid Khurshid, Lingnan University Hong Kong, Department of Management, China

New Zealand

• Tauisi Taupo, Victoria Univeristy of Wellington, New Zeland

Taiwan

• Massoud Moslehpour, Asia University, Taiwan

Spain

• Elena De la Poza, University of Valencia Politécnica, Spain
• María-Dolores Guillamón, University of Murcia, Spain
• Francisco Jose Garica Gonzalez,Universidad Complutense de Madrird, Spain

Portugal

• Joao Paulo Vieito, Polytechnic Insititute of Viana do Castelo, Portugal

Italy

• Ubaldo Comite, University Giustino Fortunato, Italy
• Marco Valeri, Faculty of Economics, Niccolo' Cusano University in Rome, Italy
• Leslie Fadlon, University of Niccolò Cusano, Italy
• Alberto Celani, Politecnico Milano, Italy
• Gianluca Mattarocci, Facolta di Economia, Universijata di Roma Tor Vergata

Ukraine

• Viktor Koziuk, West Ukrainian National University, Member of the Board of the National Bank of Ukraine, Ukraine
•  Yurii Ivashuk, West Ukrainian National University, Deputy Director of Ternopil Regional Development Agency, Ukraine
• Semenenko Tetiana, Sumy State University, Ukraine
• Olha Komelina, Poltava National Technical Yuri Kondratyuk University, Poltava, Ukraine
• Liudmyla Yurchyshena, Vasyl Stus Donetsk National University, Ukraine
• Tetiana Paientko, Kyiv National Economic University, Ukraine
• Iryna Lytvynchuk, Zhytomyr National Agroecological University, Ukraine
• Ellana Molchanova, Faculty of international Trade and Law, Department of international management, Ukraine
• Kateryna Kovtoniuk, Kyiv National Economic University, Ukraine

Poland

• Andrzej Niemiec, Poznan University of Economics , Department of Controlling, Financial Analysis and Valuation, Poland
• Piotr Wisniewski, Corporate Finance Unit Institute of Finance, Warsaw School Economics, Poland

Hungary

• Andrea Szalavetz, Centre for Economic and Regional Studies Institute of World Economics, Hungary

Scotland

• Kieran James, University of the West of Scotland, Scotland

Greece

• Konstantinos N. Malagas, University of the Aegean, Greece
• Constantinos Challoumis, National and Kapodistrian University of Athens, Greece
• Andreas Papatheodorou, University of the Aegean, Greece
• Eirini Daskalaki, Metropolitan College, Greece

Sweden

• Christer Thörnqvist, Högskolan i Skövde, Sweeden

Finland

• Spyros Hirdaris CEng FRINA, Maritime Technology, Aalto University, Finland

Czech Republic

• Lucie Andreisova, University of Economics in Praque, Czech Republic
• Martina Blašková, Police Academy, Chezch Republic

Turkey

• Hüseyin IŞIKSAL, Near East University, Faculty of Open and Distance Education, Turkey
• Metin Toprak, İstanbul Üniversitesi Akademik Veri Yönetim Sistemi, Turkey
• Zeki Atil Bulut, Dokuz Eylul Univeristy, Turkey
• Feden KoÇ, Usak University, Turkey
• Zafer Öter, Izmir Katip Celebi University, Turkey
• Emrah Gulay, Dokuz Eylul University, Izmir - Turkey

Slovakia

• Ivan Brezina, Faculty of Business Informatics, Slovakia

Brasil

• Arcione Ferreire Viagi, Taubate University, Brasil

Bulgaria

• Venelin Terziev, University of Ruse Angel Kanchev, Bulgaria
• Julia Stoyancheva Stefanova, Economic Research Institute at the Bulgarian Academy of Sciences, Bulgaria
• Marin Petrov Georgiev, Kaneff University Hospital, Rousse, Bulgaria

India

• Ray Titus, Alliance University, India
• Rudrarup Gupta, Commercial Manager of Multifarious Projects Group, India 
• Sandeep Kumar, Tecnia Institute of advanced Studies, University Delhi, India
• Brijendra Singh Yadav, Aashlar Business School, Mathura, India
• Raul Villamarin Rodriguez, Woxsen University, India
• Bhola Khan, Yobe State University, Nigeria Faculty of Social Sciences, India

Oman

• Mythili Kolluru, College of Banking and Financial Studies, Oman
• Vidya Suresh, College of Banking and Financial Studies, Oman

Serbia

• Petar Vrgović, University of Novi Sad, Faculty of Technical Sciences, Serbia
• Kristijan Ristić, Bussines and law faculty, University Union – Nikola Tesla, Belgrade, Serbia
• Snežana Milićević, Faculty of Tourism and Hotel Management in Vrnjačka Banja, Serbia
• Drago Cvijanović, Faculty of Tourism and Hotel Management in Vrnjačka Banja, Serbia
• Snežana Radukić, Faculty of Economics, University in Niš, Serbia
• Zorana Kostić, Faculty of Mechanical Engineering, University in Niš, Serbia

Romania

• Alexadru Nedelea, Stefan Cel Mare University of Suceava, Romania
• Rocsana B. Manea Tonis, University Politehnica of Bucharest, Romania
• Manuela Rozalia Gabor, G.E.Palade University of Medicine, Pharmacy, Science and Technology of Targu Mures, Faculty of Economics and Law, Romania

Croatia

• Zoran Wittine, University of Zagreb, Faculty of Economics, Croatia
• Anita Čeh Časni, University of Zagreb, Faculty of Economics, Croatia
• Kosjenka Dumančić, University of Zagreb, Faculty of Economics & Business, Croatia
• Lorena Škuflić, University of Zagreb, Faculty of Economics, Croatia

Montenegro

• Boban Melović, University of Montenegro, Faculty of Economics , Montenegro
• Milivoje Radović, University of Montenegro, Faculty of Economics,  Montenegro
• Rade Ratković, Mediterranean University, Faculty of Business and Tourism Budva, Montenegro
• Ivo Županović, Mediterranean University, Faculty of Business and Tourism Budva Montenegro
• Darko Lacmanović, Mediterranean University, Faculty of Business and Tourism Budva, Montenegro
• Anđelko Lojpur, University of Montenegro, Faculty of Economics, Montenegro

Macedonia

• Predrag Trpeski, Ss. Cyril and Methodius University, Faculty of Economics, Macedonia

Moldova

• Corina Gribincea, The National Institute for Economic Research of the Academy of Sciences of Moldova, Moldova
• Marica Dumitrasco, Academy of Sciences of Moldova, Economy, Moldova

Algeria

• Isak Kherchi, Hassiba Benbouali University of Chief, Algeria
• Mehdi Bouchetara,  Higher National school of Management, Algeria

South Africa

• Sanja Bauk, Maritime Studies Department, Faculty of Applied Sciences, Durban University of Technology, South Africa

Saudi Arabia

• Yassin Eltahir, King Khalid University, Saudi Arabia
• Abu Umar Faruq Ahmad, King Abdulaziz, Saudi Arabia
• Melfi Alrasheedi, King Faisal University, Saudi Arabia
• Mohmaod Alrawad, Al Hussein Bin Talal University, Saudi Arabia

Slovenia

• Andrej Raspor, School of Advanced Social Studies, Slovenia
• Marjana Merkac Skok, Faculty of Commercial and Business Sciences, Slovenia
• Marija Bogataj, University of Ljubljana, Faculty of Pharmacy, Slovenia

Iran

• Gholamreza Jandaghi, University of Tehran, Faculty of Management and Accountancy, Iran

Sri Lanka

• Ahamed Lebbe Mohamed Aslam, Ministry of Home Affairs, Sri Lanka
• Nisantha Kurukulasooriya A., University of Ruhuna, Sri Lanka

Indonesia

• Teguh Sugiarto, Universitas Budi Luhur, Indonesia
• Yandra Rivaldo, Institut Agama Islam Abdullah Said Batam

Egypt

• Ahmed Mohamed Elbaz, University of Sadat City, Egypt
• Azza Mohamed Kamal, University for Modern Science and Arts (MSA), Egypt

Uganda

• Michael Okoche, Uganda Management Institute, Uganda

Morocco

• Fouzi Belmir, University of Fes, Morocco

Ethiopia

• Dereje Teklemariam, Global Land Programme (GLP) and Ethiopian Civil Service University, Ethiopia

Bahrain

• Adel M. Sarea, College of Business & Finance, Bahrain
• Naji Mansour Nomran, Kingdom University, Bahrain

Nigeria

• Idowu Eferakeya,  Accounting, Finance & Banking, Dennis Osadebay University, Anwai, Asaba, Nigeria
• Andrew E.O Erhijakpo,  Finance, Banking and Economics, Delta State University, Abraka, Nigeria 
• Felix Enaibre Ighosewe,  Accounting, Dennis Osadebay University, Anwai, Asaba, Nigeria
• Lucky Izobo Enakirerhi,  Dennis Osadebay University, Anwai, Asaba, Nigeria

The United Arab Emirates

• Hasnan Baber, School of management Abu Dhabi
• Ana Stranjančević, Modul Dubai University, The United Arab Emirates
• Ulas Rao, Heriot - Watt University Dubai, United Arab Emirates
• Jelena Janjušević, Heriot Watt University, United Arab Emirates
• Ahmad Al -Hiyari, University of Khorfakkan, Sharjah, United Arab Emirates
• Abdalwali Lutfi, College of Business Administration, University of Kalba, Sharjah Kalba, United Arab Emirates

Pakistan

• Ali Ahmad Bodla, Faculty of Business and Management, Information Techology University, Pakistan

Republic of Uzbekistan

• Dang Rui, Westminster International University in Tashkent, Republic of Uzbekistan

Republic of Cameroon

• Alain Aime Ndedi, Saint Monica University, Republic of Cameroon

Jordan

• Bashar Almansour, The World Islamic Science & Education University Faculty of Finance and Business, Jordan
• Mohammed Amin Almaiah, Faculty of Information Technology, Aqaba University of Technology, Jordan

Fiji

• Ranasinghe Amaradasa, University of Fiji, Fiji

Albania

• Brilanda Bushati, University of Shkodra "Luigj Gurakuqi", Albania
• Elidiana Bashi, University of Shkodra "Luigj Gurakuqi", Albania

Tailand

• Napat Harnpornchai, Chiang Mai University, Tailand

Bosnia and Herzegovina

• Bojan Baškot, University of Banja Luka, Faculty of Economics, Bosnia and Herzegovina
• Branka Topić - Pavković, University of Banja Luka, Faculty of Economics, Bosnia and Herzegovina
• Muharem dr Karamujić, University of Sarajevo, School of Economics and Business, Bosnia and Herzegovina
• Zoran Mastilo, Faculty of Business Economics Bijeljina, University of East Sarajevo, Bosnia and Herzegovina 
• Mladen Rebić, University of East Sarajevo, Faculty of Economics Pale, Bosnia and Herzegovina
• Goran Popović, University of Banja Luka, Faculty of Economics, Bosnia and Herzegovina
• Jamila Jaganjac, University ,,Vitez,, BiH, Bosnia and Herzegovina
• Slobodan Subotić, University of East Sarajevo, Faculty of Transport and Traffic, Bosnia and Herzegovina
• Ognjen Erić, University of Banja Luka, Faculty of Economics, Bosnia and Herzegovina
• Andrijana Mrkaić - Ateljević, College of Tourism and Hospitality Management; narrow scientific field of marketing and management, Bosnia and Herzegovina
• Zdravko Todorović, University of Banja Luka, Faculty of Economics, Bosnia and Herzegovina 
• Branislav Mašić, University of East Sarajevo, Faculty of Economics Pale, Bosnia and Herzegovina
• Željko Račić, University of Banja Luka, Faculty of Economics Banja Luka, Bosnia and Herzegovina

 

Technical Editor
Borjan Divljanović, Graphic studio PIXEL - Bijeljina

Translation to English
Nemanja Jovanović

Address of the Editorial Board:
Neznanih junaka 9-11
76300 Bijeljina Republic of Srpska
Bosnia and Herzegovina
e-mail: novi.economics.institut@gmail.com
Bank account: 5550000004916269, Nova banka, Filijala Bijeljina ID: 44035724600004

Publisher
Oikos Institute - Research Centre
Neznanih junaka 9-11
76 300 Bijeljina
+387 55 423 183