Title
Dodata ekonomska vrednost u funkciji utvrđivanja kompezacionih sistema u preduzeću : doktorska disertacija
Creator
Ilić-Pupovac, Maja N.
Copyright date
2014
Object Links
Select license
Autorstvo-Nekomercijalno 3.0 Srbija (CC BY-NC 3.0)
License description
Dozvoljavate umnožavanje, distribuciju i javno saopštavanje dela, i prerade, ako se navede ime autora na način odredjen od strane autora ili davaoca licence. Ova licenca ne dozvoljava komercijalnu upotrebu dela. Osnovni opis Licence: http://creativecommons.org/licenses/by-nc/3.0/rs/deed.sr_LATN Sadržaj ugovora u celini: http://creativecommons.org/licenses/by-nc/3.0/rs/legalcode.sr-Latn
Language
Serbian
Cobiss-ID
Theses Type
PhD thesis
Other responsibilities
mentor
Bonić, Ljiljana 1965-
član komisije
Sekulić, Vesna 1968-
član komisije
Jakšić, Dejan 1974-
Academic Expertise
Društveno-humanističke nauke
University
Univerzitet u Nišu
Faculty
Ekonomski fakultet
Group
Katedra za ekonomiku i organizaciju preduzeća
Title translated
Economic Value Added in the Function of Determining the Compensation Systems in the Enterprise
Publisher
Niš : [М. N. Ilić-Pupovac]
Format
PDF/A (224 listova)
description
Umnoženo za odbranu.
Univerzitet u Nišu, Ekonomski fakultet, 2014.
Biografija autora: list 208.
Bibliografija: listovi 191-200.
Registar ; Abstract.
Abstract (en)
Determination of compensation systems is an important step towards achieving the
primary goal of any company-creating value for owners. For years, compensation
systems were determined by traditional financial performance base on the accounting
information in wich the numerous studies have shown that the correlation between
that compensation system and company performance indicators is not strong enough.
Economic value added concept use all cost of capital (cost of equity and cost of borrowed
capital) and modifies the accounting data. Positive economic value added, in a
given period, means that the management has increased value for owners and vice
versa. Thereby the EVA concept become tool that was used for defining the system of
compensation. Based on condacted research done on compensation system built on the EVA
concept, following conclusions were being made: it provides more realistic basis for
determening business success in regards to a compensation system based on financial
performance; it shows if the value for owners is really creted; EVA is more complex and
computationally more delicate than the compensation system based on financial
performance; employee's compensation that were based on the EVA concept represent more
realistic pay than the compensation that were based on the traditional compensation system;
by using accounting modifications EVA eliminate significant shortcomings of traditional
financial reporting, that is the basis for compensation system based on financial performance.
Also, an empirical study of developed compensation system were made and all opportunities
and challenges in the implementation of the EVA concept in building a system of rewards in
corporations in Serbia where determined. The research has shown that the achievements of
the implementation of compensation systems based on EVA in companies in developed
countries, can be applied in the process of improving the compensation system in companies
in Repablic of Serbia, with some adaptations due to the lack of complete data, that are
necessary for displaying this concept.
Authors Key words
Kompenzacioni sistem, dodata ekonomska vrednost, kompenzacioni sistem, podsticaji,
računovodstvene modifikacije, poslovni dobitak nakon oporezivanja, troškovi sopstvenog i pozajmljenog kapitala, vlasnici kapitala
Authors Key words
economic value added, compensation system, incentives, accounting
modifications, net operating profit after tax, the cost of equity and cost of capital, the owners
of capital
Classification
330
Type
Elektronska teza
Abstract (en)
Determination of compensation systems is an important step towards achieving the
primary goal of any company-creating value for owners. For years, compensation
systems were determined by traditional financial performance base on the accounting
information in wich the numerous studies have shown that the correlation between
that compensation system and company performance indicators is not strong enough.
Economic value added concept use all cost of capital (cost of equity and cost of borrowed
capital) and modifies the accounting data. Positive economic value added, in a
given period, means that the management has increased value for owners and vice
versa. Thereby the EVA concept become tool that was used for defining the system of
compensation. Based on condacted research done on compensation system built on the EVA
concept, following conclusions were being made: it provides more realistic basis for
determening business success in regards to a compensation system based on financial
performance; it shows if the value for owners is really creted; EVA is more complex and
computationally more delicate than the compensation system based on financial
performance; employee's compensation that were based on the EVA concept represent more
realistic pay than the compensation that were based on the traditional compensation system;
by using accounting modifications EVA eliminate significant shortcomings of traditional
financial reporting, that is the basis for compensation system based on financial performance.
Also, an empirical study of developed compensation system were made and all opportunities
and challenges in the implementation of the EVA concept in building a system of rewards in
corporations in Serbia where determined. The research has shown that the achievements of
the implementation of compensation systems based on EVA in companies in developed
countries, can be applied in the process of improving the compensation system in companies
in Repablic of Serbia, with some adaptations due to the lack of complete data, that are
necessary for displaying this concept.
“Data exchange” service offers individual users metadata transfer in several different formats. Citation formats are offered for transfers in texts as for the transfer into internet pages. Citation formats include permanent links that guarantee access to cited sources. For use are commonly structured metadata schemes : Dublin Core xml and ETUB-MS xml, local adaptation of international ETD-MS scheme intended for use in academic documents.