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Th? Imp?ct of F?n?nc??l R?port?ng of Sm?ll ?nd M?d?um S?z?d Ent?rpr?s?s ?n Econom?c D?v?lopm?nt of B?lk?n Countr??s


  • Artor Nuhiu

    () (University of Prishtina, Republic of Kosovo)

  • Arber Hoti

    () (University of Prishtina, Republic of Kosovo)

  • Lulzim Krasniqi

    () (University of Prishtina, Republic of Kosovo)


Th? ?mport?nc? of ?nt?rn?l ?nd ?xt?rn?l ?ccount?ng ?s ? sourc? of ?nform?t?on for own?rs ?nd m?n?g?rs of sm?ll ?nt?rpr?s?s ?nd th??r d?ff?r?nt st?k?hold?rs ?s st??d?ly grow?ng. It ?s of cruc??l ?mport?nc? th?t th? ?ccount?ng syst?ms ?ppl??d by sm?ll ?nt?rpr?s?s m??t th??r ?ctu?l n??ds, prov?d?ng n?c?ss?ry ?nform?t?on y?t ?vo?d?ng unjust?f??d ?dm?n?str?t?v? burd?n. It ?s r?cogn?s?d th?t ?ppropr??t? ?ccount?ng ?nform?t?on ?s ?mport?nt for ? succ?ssful m?n?g?m?nt of ? bus?n?ss wh?th?r ?t ?s l?rg? or sm?ll. At EU l?v?l, ?ccount?ng l?g?sl?t?on ?s ?n pl?c? for l?st?d comp?n??s, ?.?. th? Int?rn?t?on?l Account?ng St?nd?rds/Int?rn?t?on?l F?n?nc??l R?port?ng St?nd?rds ?nd for non-l?st?d l?m?t?d l??b?l?ty comp?n??s, th? Fourth ?nd th? S?v?nth Comp?ny L?w D?r?ct?v?s ?.?. th? Account?ng D?r?ct?v?s. How?v?r, ?t EU l?v?l th?r? ?s no ?ccount?ng l?g?sl?t?on ?ppl?c?bl? to thos? ?nt?rpr?s?s wh?ch ?r? not l?st?d or ?r? not l?m?t?d l??b?l?ty comp?n??s; ?n most c?s?s w? would b? r?f?rr?ng to sm?ll ?nt?rpr?s?s. B?c?us? of th? ?mport?nc? of ?ppropr??t? ?ccount?ng ?nform?t?on for own?rs ?nd m?n?g?rs of sm?ll ?nt?rpr?s?s ?nd th??r d?ff?r?nt st?k?hold?rs, ?t ?s cons?d?r?d ?mport?nt to ?n?lys? th? v?r?ous ?ccount?ng syst?ms ?ppl??d ?n M?mb?r St?t?s ?n th? c?s? of non-r?gul?t?on ?t EU l?v?l.

Suggested Citation

  • Artor Nuhiu & Arber Hoti & Lulzim Krasniqi, 2012. "Th? Imp?ct of F?n?nc??l R?port?ng of Sm?ll ?nd M?d?um S?z?d Ent?rpr?s?s ?n Econom?c D?v?lopm?nt of B?lk?n Countr??s," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 2(2), pages 70-82, April.
  • Handle: RePEc:dug:actaec:y:2012:i:2:p:70-82

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    References listed on IDEAS

    1. Ayhan Kose & Kenneth Rogoff & Eswar S Prasad & Shang-Jin Wei, 2003. "Effects of Financial Globalization on Developing Countries; Some Empirical Evidence," IMF Occasional Papers 220, International Monetary Fund.
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    5. Michael W. Klein & Giovanni Olivei, 1999. "Capital Account Liberalization, Financial Depth and Economic Growth," NBER Working Papers 7384, National Bureau of Economic Research, Inc.
    6. Levine, Ross, 2005. "Finance and Growth: Theory and Evidence," Handbook of Economic Growth,in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 12, pages 865-934 Elsevier.
    7. Wei, Shang-Jin, 2006. "Connecting two views on financial globalization: Can we make further progress?," Journal of the Japanese and International Economies, Elsevier, vol. 20(4), pages 459-481, December.
    8. Feldstein, Martin & Horioka, Charles, 1980. "Domestic Saving and International Capital Flows," Economic Journal, Royal Economic Society, vol. 90(358), pages 314-329, June.
    9. Lawrence H. Summers, 2000. "International Financial Crises: Causes, Prevention, and Cures," American Economic Review, American Economic Association, pages 1-16.
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