Mateska, Emilija and Obednikovska, Snezana and Mateski, Aleksandar (2015) FINANCIAL DISCIPLINE IN REPUBLIC MACEDONIAWAY OF MORE EFFICIENT MODE FOR ENTERPRISES’ ACTIVITIES. Annals of the „Constantin Brâncuşi” University of Târgu Jiu, Economy Series,, 2/2015. pp. 372-376. ISSN ISSN 2344 – 3685/ISSN-L 1844 - 7007
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Abstract
Abstract
The severe economic crisis that occupied the world economy can be felt in the Republic of Macedonia, too. The
low solvency and the decreased buying faculties of the population and firms are a major problem in the economics
in general. A great capability and power is necessary in order to survive in these difficult economic conditions, as
well as a constant alertness by the firms as instigators of the economic activity in every country.
Enitieis in the Economy are realizing different tipes of transactions making financial obligations that, ussualy
can not be fullfiled. As a result there is a problem with financial recovery that disrupts their liquidity, and at the end
point, their activity in the economy is worsens.
Because of that, the Law for Financial Discipline was voted, for the first time in Republic of Macedonia in
December 2013. This Law is regulation for payments on time for all financial activities made between private
entities, also for financial activities made between entities among public and private sector preventing failure of the
financial obligations on agreed terms.
In this article we would like to determine the reasons and needs for finding the way which will be regulatory
instead of punishment for successful financial discipline of the entities, that will improve their liquidity and, of
course, to ensure better activities in the economy as a whole
| Item Type: | Article |
|---|---|
| Subjects: | Scientific Fields (Frascati) > Social Sciences > Economics and Business |
| Divisions: | Faculty of Economics |
| Depositing User: | Mr Dimitar Risteski |
| Date Deposited: | 21 Jan 2020 12:08 |
| Last Modified: | 21 Jan 2020 12:08 |
| URI: | https://eprints.uklo.edu.mk/id/eprint/2324 |
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