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Why European subordinates trust their managers
Jon Aarum Andersen, Jure Kovač, 2012, original scientific article

Abstract: This article addresses the problem of why subordinates trust their managers based on the responses from 108 subordinates of seven Slovenian managers and from 138 subordinates of eight Swedish managers. The subordinates of these managers responded to a 20-item instrument tested for reliability and validity. In both samples the managers enjoyed different degrees of trust. The level of trust vested in Slovenian managers was higher than in Swedish ones. The kinds of managers’ actions that enhanced trust were similar amongst Swedish and Slovenian subordinates. Different socio-cultural contexts may theoretically explain why some other kinds of actions had contrasting effects between the samples. On the whole, the actions of managers explain trust in both countries. Subordinates’ trust in managers declines with the increasing hierarchical distance in both national samples. Managers need to show in action that they trust their subordinates, promote their interests, demonstrate appreciation of their subordinates, and solve problems.
Keywords: trust, managers, subordinates, societal factors, hierarchy
Published: 10.07.2015; Views: 365; Downloads: 143
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The influence of one's own database on the accuracy of forecasting future movements of investment portfolio value
Vesna Trančar, 2017, original scientific article

Abstract: The main purpose of this article is to present the test results of the hypothesis that the use of one’s own (and foreign) database (used by investment portfolio managers to create indicators of individual stock analyses) has an effect on the accuracy of forecasting future movements of investment portfolio value. In addition to the use of different indicators and methods of stock analysis, the creation of an optimal investment portfolio requires assessment of the suitability and adequacy of the database used in investment portfolio managers′ decisionmaking process; in other words, it is necessary to determine which stocks are to be included in the specific investment portfolio and which are not. The problem of the selection and use of different databases is linked to the question of determining the importance of numerous relevant elements when creating an optimal investment portfolio.
Keywords: database, investment portfolio, investment portfolio managers, stocks
Published: 14.11.2017; Views: 381; Downloads: 190
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Hotels and Halal-oriented products
Metod Šuligoj, Helena Maruško, 2017, original scientific article

Abstract: Background and Purpose: Tourists from the Islamic world are significant stakeholders in the tourism market. The purpose of this paper is to identify the key aspects of halal tourism in connection with the hotel industry. Furthermore, we want to determine whether hotel managers are familiar with halal certification and on what basis they would opt for it. Design/Methodology/Approach: The research focuses on halal goods, services, and facilities, in general, and specifically in Slovenian hotels; concepts, contemporary trends, and the situation in Slovenia are presented. In response to the literature review, we applied the analysis of the factor loadings to define the important factors that influence the decision-making process; by applying PCA, we reduced the dependent variable to a single factor (although predictions were slightly different). Findings: The most important elements in the adoption of the certificate are the simplicity and efficiency of the procedure itself and the fact that the process does not require major financial investments. The element that significantly influences the managers% decision-making process is the possibility of adjusting to the standard of the certificate. Conclusion: The paper's main contribution is to deepen the perspective of the development of tourism in an area that remains a relatively undeveloped and unknown niche within the Slovenian tourism/hospitality industry but very promising in the global context.
Keywords: hotel managers, halal certificate, Islam, thematic offer, Slovenia, Croatia
Published: 23.01.2018; Views: 314; Downloads: 63
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Dimensions of decision-making process quality and company performance
Damjan Grušovnik, Alenka Kavkler, Duško Uršič, 2017, original scientific article

Abstract: This paper investigates the relationship between the dimensions of the decision-making process quality and company performance of top managers’ in Slovenia. We found out that companies whose managers exhibit an above-average dimension of openness of spirit in the quality of the decision making process, on average, have a higher stance on foreign markets as companies in which managers show a below-average open spirit. For the managers who work in companies that are present in foreign markets, we could confirm that there is a low/weak correlation between the dimension of effort of the decision-making process quality and the number of employees in a company.
Keywords: quality of the decision-making process, rationality, motivation, participation, exhaustivity of the information, managers effort, creativity and innovativeness, company stakeholders, company performance
Published: 03.05.2018; Views: 338; Downloads: 46
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