Mic 2022 Management International Conference Re-Inventing or Re-Vitalising? Challenges for Post- Pandemic Era Abstracts of the Joint International Conference Organised by • University of Primorska, Faculty of Management, Slovenia • Juraj Dobrila University of Pula, Faculty of Economics and Tourism ‘Dr Mijo Mirković,’ Croatia Ljubljana, Slovenia • 9–11 June 2022 MIC 2022: Re-Inventing or Re-Vitalising? Challenges for Post-Pandemic Era Abstracts of the Joint International Conference Organised by University of Primorska, Faculty of Management, Slovenia Juraj Dobrila University of Pula, Faculty of Economics and Tourism ‘Dr Mijo Mirković,’ Croatia Ljubljana, Slovenia • 9–11 June 2022 Edited by Suzana Laporšek Suzana Sedmak Anita Trnavčević Design and Layout Alen Ježovnik Published by University of Primorska Press Titov trg 4, 6000 Koper, Slovenia Editor in Chief Jonatan Vinkler Managing Editor Alen Ježovnik www.hippocampus.si Koper, Slovenia | June 2022 Management International Conference ISSN 2712-3766 © University of Primorska Press https://www.hippocampus.si/ISBN/978-961-293-156-8.pdf https://doi.org/10.26493/978-961-293-156-8 Published under the terms of the Creative Commons CC BY-NC-ND 4.0 License Kataložni zapis o publikaciji (CIP) pripravili v Narodni in univerzitetni knjižnici v Ljubljani COBISS.SI-ID 110124547 ISBN 978-961-293-156-8 (PDF) Contents Conference Organisers · 4 Welcome Address by the Organisers · 5 Conference Aims · 6 Programme Boards · 7 Conference Programme · 8 Keynote Speech: Management Education in Challenging Times · 9 Keynote Speech: Labour Markets in the Post-Pandemic Era · 10 I-THEN Project – Multiplier Event · 11 INSHIP – Presentation and Piloting · 12 Workshop: Innovative Pedagogical Approach in Practice · 13 Workshop: Spatial Transformation in Agriculture – A Hungarian-Slovenian Comparison · 14 Workshop: Everything is Not on the Likert Scale – How to Ask the Right Question? · 15 Workshop: How to Publish in Economic and Business Journals? · 16 Sessions Management · 17 Economics I · 18 Sustainability · 19 Labour Market · 20 Pandemic Economics · 21 Management Issues in Pandemic · 22 Economics II · 23 Finance · 24 Poster Session · 25 Entrepreneurship · 26 Education · 27 Marketing · 28 Accounting and Taxation · 29 Index · 30 3 Conference Organisers The conference is organised by two partner institutions: University of Primorska, Faculty of Management (Slovenia) is a higher education institution for education and research in the fields of social sciences and business management. The faculty offers undergraduate study programmes in Management, master study programmes in Management, Economics and Finance, Law for Management, Sustainable Development Management, and Political Science, and doctoral study programme in Management. Besides the study programs leading to a degree the faculty also offers modules for groups or in-company training from the field of social sciences and business management with interdisciplinary links to economic, business, legal, organisational and behavioural sciences. Juraj Dobrila University of Pula, Faculty of Economics and Tourism ‘Dr Mijo Mirkovi´ c’ (Croatia) offers all levels of higher education: from undergraduate and graduate studies to postgraduate specialist and doctoral programmes of study. Scientific activities of the faculty include research in the field of social sciences and organisation of international conferences as well as publishing international scientific journals, including Economic Research, referred in most important scientific databases, and Review of Innovation and Competitiveness. 4 Welcome Address by the Organisers We have great pleasure and honour of welcoming you in Ljubljana, Slovenia, to participate in the Management International Conference (MIC) 2022. The traditional MIC Conference is organised as a Joint International Conference. The participating institutions are the University of Primorska, Faculty of Management (Slovenia) and the Juraj Dobrila University of Pula, Faculty of Economics and Tourism ‘Dr Mijo Mirković’ (Croatia). We would like to extend a sincere appreciation to all the participants and presen-ters for their contributions and participation. This year we received 89 submissions and selected the best 61 papers, and the total number of participants is expected to reach 100. All abstracts of papers are included in the Book of Abstracts. Authors are invited to submit full papers to the MIC 2022 Conference Proceedings or to the regular or special issues, organised by the MIC supporting journals. The list of the MIC supporting journals is published on the conference’s website. Our deepest gratitude goes to Keynote Speakers, Dr Alec Wersun (Glasgow School for Business and Society, Glasgow Caledonian University, Scotland, UK, and PRME Global Chapter Council) and Dr Iva Tomić (Croatian Employers’ Association, Croatia). Our warm welcomes go also to the workshop organisers. Last but not least, we extend our sincere thanks to everybody who participated in the programme boards and organisation of the MIC 2022. We wish each of you a very successful conference. Dr Anita Trnavčević Conference Chair 5 Conference Aims What will the world look like in the next 10 years after Covid-19? Some authors say there will be a ‘new old’ reality while some argue that Covid-19 marked the begin-ning of a new era in economic, social, societal, technological, and ecological fields. Heraclitus, a Greek philosopher said that we never step into the same river twice, so one possible assumption is that after Covid-19 changes are inevitable and also irre-versible. The challenge is whether we have learned lessons from the Covid-19 period and how we can re-vitalise in a new way and/or re-invent a new reality. MIC conference is always focused on the future while building on positive past experiences. We warmly believe that MIC 2022 will also bring new ideas and suc-cinctly analysed past practices in order to construct options and identify trends for new developments in all spheres of social life. Perhaps more than in the past, we will need to look at the education of the young generation in schools of business and economics and build the foundations of the future on values and principles of responsible business education. We are pleased you have followed our invitation and joined the MIC group of enthu-siastic scholars, practitioners and policymakers engaged in passionate discussions that influence academics and praxis. 6 Programme Boards Conference Chair Dr Anita Trnavčević, University of Primorska, Slovenia Scientific Committee Dr Kirk Anderson, Memorial University, Canada Dr Štefan Bojnec, University of Primorska, Slovenia Dr Hani El-Chaarani, Beirut Arab University, Lebanon Dr Ksenija Černe, Juraj Dobrila University of Pula, Croatia DDr Imre Fert˝ o, Corvinus University of Budapest, Hungary Dr József Fogarasi, Óbuda University, Hungary and Partium Christian University, Romania Dr Doris Gomezelj Omerzel, University of Primorska, Slovenia Dr Małgorzata Gotowska, University of Science and Technology, Poland Dr Rune Ellemose Gulev, Kiel University of Applied Sciences, Germany Dr Florin Ionita, Bucharest University for Economic Studies, Romania Dr Anna Jakubczak, University of Science and Technology, Poland Dr Maria Jakubik, Ronin Institute, USA Dr Pekka Kess, University of Oulu, Finland Dr Massimiliano Kaucic, University of Trieste, Italy Dr Danijela Križman Pavlović, Juraj Dobrila University of Pula, Croatia Dr Atanu Kumar Nath, Western Norway University of Applied Sciences, Norway Dr Maja Meško, University of Primorska, Slovenia Dr Mitja Ruzzier, University of Primorska, Slovenia Dr Cezar Scarlat, University Politehnica of Bucharest, Romania Dr Marcello Signorelli, University of Perugia, Italy Dr Dean Sinković, Juraj Dobrila University of Pula, Croatia Dr Brandon William Soltwisch, University of Northern Colorado, USA Dr Marinko Škare, Juraj Dobrila University of Pula, Croatia Dr Janez Šušteršič, Re-forma, Research and Development, Ltd., Slovenia Dr Josu Takala, University of Vaasa, Finland Dr Giorgio Valentinuz, University of Trieste, Italy Dr Robert Zenzerović, Juraj Dobrila University of Pula, Croatia Organising Committee Dr Suzana Laporšek, University of Primorska, Slovenia MSc Suzana Sedmak, University of Primorska, Slovenia Staša Ferjančič, University of Primorska, Slovenia Amela Panić, University of Primorska, Slovenia Editorial Office Alen Ježovnik, University of Primorska Press, Slovenia 7 Conference Programme Thursday, 9 June 2022 08.00–17.00 Registration 09.15–09.30 Conference Opening 09.30–10.30 Keynote Speech: Dr Alec Wersun, Glasgow School for Business and Society, Glasgow Caledonian University, Scotland, UK, and PRME Global Chapter Council 10.30–10.45 Photo Session and Coffee Break 10.45–11.45 Keynote Speech: Dr Iva Tomić, Croatian Employers’ Association, Croatia 12.00–13.30 Parallel Sessions: Management, Economics I, Sustainability 13.30–14.30 Lunch 14.30–16.00 Session: Labour Market I-THEN Project Multiplier Event INSHIP – Presentation and Piloting 16.00–16.15 Coffee Break 16.15–17.45 Session: Pandemic Economics Workshop: Innovative Pedagogical Approach in Practice (Project I-THEN) Workshop: Spatial Transformation in Agriculture – A Hungarian-Slovenian Comparison 18.15–19.15 Guided Walk Through Ljubljana (to the Conference Dinner Restaurant) 19.30–22.00 Conference Dinner Friday, 10 June 2022 08.30–12.30 Registration 09.00–10.30 Parallel Sessions: Management Issues in Pandemic, Economics II, Finance 10.30–11.00 Poster Session with Coffee Break 11.00–12.30 Parallel Sessions: Entrepreneurship, Education Workshop: Everything is Not on the Likert Scale – How to Ask the Right Question? 12.30–14.00 Lunch 14.00–15.30 Parallel Sessions: Marketing, Accounting and Taxation Workshop: How to Publish in Economic and Business Journals? 15.30 Conference Closing and Farewell Reception Saturday, 11 June 2022 09.00–17.00 Trip (not included in the conference fee) 8 Keynote Speech: Management Education in Challenging Times: Is ‘Business as Usual’ Really an Option? Thursday, 9 June 2022 • 9.30–10.30 • Room CI Keynote Speaker Dr Alec Wersun, Glasgow School for Business and Society, Glasgow Caledonian University, Scotland, UK, and PRME Global Chapter Council The grave situation in Ukraine has added yet another layer of complexity to the mon-umental challenges posed by the Covid-19 pandemic, which were already being exacerbated by the ongoing climate emergency. In a very short period of time, the international geo-political and social landscape has changed beyond recognition, forcing business leaders and managers worldwide not only to reflect and rethink cur-rent ways of doing things, but to adapt to these new realities. There is an emerging consensus, that for any sort of economic recovery from the pandemic to be resilient and durable, ‘business as usual’ is just not an option. Countering moves to go back to ‘business as usual’ are calls to ‘build back better’ – which suggest a need to both re-vitalise and re-imagine. These calls resonate even louder when viewed against the backdrop of the United Nations Decade of Action (2020–2030) to deliver the Sustainable Development Goals – 17 Goals and 169 targets to be achieved by 2030 to make the world a better place. However, this is easier said than done, given that we are not only faced with the task of getting economies back on their feet quickly, but also securing prosperity in the long term. Securing prosperity in the long-term will require serious behavioural change, that can only come about with new mind-sets, as well as managerial and leadership competences. This puts an enormous amount of responsibility on the shoulders of business and management schools – which in response to these new realities in the worlds of business and management, need to re-imagine the education we deliver to ensure that we produce managers and leaders for the future we all want. The focus of this presentation will explore how this can be achieved through a commitment to deliver responsible management education. 9 Keynote Speech: Labour Markets in the Post-Pandemic Era – What Should Policymakers Do? Thursday, 9 June 2022 • 10.45–11.45 • Room CI Keynote Speaker Dr Iva Tomić, Croatian Employers’ Association, Croatia During the last two years, we have witnessed substantial changes in the labour markets across the world, whereas the Covid-19 pandemic has directly accelerated some processes that, primarily due to globalization and technological advances, have been present in the labour market for quite some time. Remote work, but also greater emphasis on the balance between the private and working life, are just some examples. There are also a number of new forms of work, such as platform work or job sharing, that were not present in the labour market just a few years ago. At the same time, countries of the Western world are facing significant labour shortages, primarily due to demographic processes. However, the regulatory setting is lagging behind the changes already present in the world of work. Hence, the discussion on both the labour legislation changes, as well as the changes in the tax system, that should bring more flexibility, but also higher wages and worker satisfaction is cur-rently high on the agenda in the public discourse in most of the EU countries. 10 I-THEN Project – Multiplier Event Thursday, 9 June 2022 • 14.30–16.00 • Room CI Part 1: About the I-THEN Project Giulia Dakli, I-THEN International Project Leader Part 2: Innovative Pedagogical Approach to Achieve the Competences of the Next Decade Dr Borut Likar, University of Primorska, Faculty of Management, Slovenia The University of Primorska, Faculty of Management is a partner in the I-THEN project (International Technical Higher Education Network, Project no. 2020-1-IT02-KA203-079561). The main aim is to establish strategic and structured cooperation between European and non-European universities and TVETs that deliver technical higher education creating a network for the development of joint international courses in the fields of business management and marketing. The main objectives are: (1) to overcome the skill gap encountered by students wish-ing to work in international business environments, (2) to achieve synergies between Universities and TVETs, (3) to connect technical higher education with the market, (4) to upskill teachers. We will showcase the project and hold a roundtable on creative pedagogical approaches that enable students to develop the competences needed in today’s so-ciety and economy. We will discuss the different pedagogical/andragogic methods and technological options that are available but rarely used. And more importantly – teaching should not be focused only on factual memorisation, but above all on a deep understanding of facts, their active critical analysis, application and integration, and the innovative creation of new solutions. Cooperative teaching techniques will not only be discussed theoretically but also put into practice with the participants during the workshop. Part 3: Roundtable Roundtable Facilitators Jana Petkovšek Štakul, Finance Business Daily, Slovenia Dr Borut Likar, University of Primorska, Faculty of Management, Slovenia Roundtable Participants Jelka Čop, Institute of the Republic of Slovenia for Vocational Education and Training Valentina Merc, Employment Service of Slovenia, NKT VKO Project Zdenka Sušec, Roška, Secondary School of Economics, Slovenia Teja Bajt, Inno lab d.o.o., Slovenia Marko Stijepić, Business Incubator Kočevje, Slovenia The event is organised as part of the project I-THEN – International Technical Higher Education Network. The project I-THEN is co-financed by the Erasmus+ Programme of the European Union. 11 INSHIP – Presentation and Piloting Thursday, 9 June 2022 • 14.30–16.00 • Room T Workshop Facilitator Dr Anita Trnavčević, University of Primorska, Faculty of Management, Slovenia INSHIP model was created as part of an international project in the field of teacher education and whose background was a social constructivist paradigm that high-lights situational learning and the role of cooperation and the professional learning community in bridging the gap between theory and practice in teacher education. This, however, can be overcome in authentic learning and in the context of concrete work environments. INSHIP main aim is hence to develop educational innovation in HE through the complementary partnership model of TP in ITE, based on the socio-constructivist paradigm. The questions we would like to address in discussion/piloting are: Is INSHIP model applicable and relevant also for business and economics students? Is it transferable and how does it contribute to bridging theory and practice? Project partners Univerza v Ljubljani, Slovenia Universidad de Alicante, Spain Friedrich-Alexander-Universität Erlangen-Nürnberg, Germany Masarykova Univerzita, Czech Republic Univerza na Primorskem, Slovenia The event is organised as part of the project INSHIP – Teaching Practice Partnership Model in Pre-Service Teacher Education. The project INSHIP is co-financed by the Erasmus+ Programme of the European Union. 12 Workshop: Innovative Pedagogical Approach in Practice Thursday, 9 June 2022 • 16.15–17.45 • Room CI Workshop Facilitator Dr Peter Štrukelj, University of Primorska, Faculty of Management, Slovenia The aim of the workshop is for participants to get familiar with one of the most practical cooperative teaching techniques that has been previously used in many schools (teaching contexts) abroad, yet it has not been well known (and thus underutilised) in many Slovenian schools. Participants will get to know this technique by directly applying it during the workshop (learning by doing); they will work in groups and present their results. In the end, there will be a final non-obligatory test which will give participants immediate and valuable feedback concerning their acquired knowledge during the workshop. Also, during the workshop itself, participants will be invited to share their knowledge and experiences on similar cooperative teaching techniques. The workshop is organised as part of the project I-THEN – International Technical Higher Education Network. The project I-THEN is co-financed by the Erasmus+ Programme of the European Union. 13 Workshop: Spatial Transformation in Agriculture – A Hungarian-Slovenian Comparison Thursday, 9 June 2022 • 16.15–17.45 • Room T Workshop Facilitators Dr Imre Fert˝ o, Institute of Economics, Hungary Dr Štefan Bojnec, University of Primorska, Faculty of Management, Slovenia This workshop aims to disseminate the findings of the Lead Agency Project Hungary-Slovenia. The project has studied various aspects of the role of agriculture in the economy at the regional level, agglomeration and concentration effects in Hungarian and Slovenian agriculture, and spatial aspects of agricultural transformation at the farm level. One of the major novelty of the research was to assess the regional dimensions of agricultural transformation at three different levels including sectoral, sub-sectoral and farm levels with cross-country comparisons. First, the spatial aspects of transformation in agriculture as a sectoral approach focus on the role and driving forces of agricultural declines in the economy and the country’s regional heterogeneity. It explains the decline of agriculture in the economy, components of Total Factor Productivity level and their changes, and labour market adjustment with determinants of intersectoral labour allocation at the regional levels with special emphasis on the impacts of agricultural subsidies. Second, agglomeration and concentration economy effects in agriculture as a subsector approach on a specific farm territorial concentration, neighbourhood effects and spatial differences in the diffusion of certain farming at different regional levels with special emphasis on the livestock sector and their changes. Third, spatial adjustment in agriculture as a farm-level approach understanding regionally different patterns of structural change: (a) Regional farm growth and determinants of farm size growth considering the regional heterogeneity in agriculture including farm size and financial variables. (b) Regional differentiation and the spatial aspect of farm exit with two different levels of drivers: territorial and individual. (c) Migration of farm labour and the employment effects of the entire portfolio of policy measures simultaneously with special emphasis on comparison between farms working in less favoured area and non-less favoured areas. Three different main databases according to the level of analysis were used: sectoral, sub sectoral and farm level. First, sectoral level investigation relies on data from the NUTS levels. Second, sub sectoral analysis based on the municipality level database. Third, data from the Hungarian and Slovenian Farm Accountancy Data Network sample of farms was used to answer research questions at the farm level. 14 Workshop: Everything is Not on the Likert Scale – How to Ask the Right Question? Friday, 10 June 2022 • 11.00–12.30 • Room I Workshop Facilitator Dr Anita Trnavčević, University of Primorska, Faculty of Management, Slovenia Empirical research, in which the data collection method is a questionnaire requires careful design of questions not only in terms of the content but also in terms of the appropriate type of questions and scales. When the research purpose is to gain in-depth insight into the research phenomenon, interview questions need to reflect directly or indirectly on the purpose. This workshop is designed to discuss, analyse and re-create selected questions from surveys and qualitative studies where semi-structured interviews were used. 15 Workshop: How to Publish in Economic and Business Journals? Friday, 10 June 2022 • 14.00–15.30 • Room I Workshop Facilitator Dr Štefan Bojnec, University of Primorska, Faculty of Management, Slovenia The aim of the workshop is to present how to publish in economic and business journals and provide important tips for navigating the publication process (what editors seek, selecting journals, and the process of revising). In addition, publication possibilities for MIC authors will be presented and discussed. 16 Management Thursday, June 9 • 12.00–13.30 • Room CI Session Chair: Marco Vedovato The Complexity Effect in Corporate Governance Gregor Žvipelj, University of Primorska, Slovenia Keywords: rational inattention, complexity bias, disclosure manipulation, moral hazard, asymmetry driven fraud, information overload, agency problem, complexity effect Abstract Multi-Dimensional Evaluation of Uncertainty Management Rouzbeh Shabani, Agnar Johansen, Olav Torp, and Johnny Ngo, Norwegian University of Science and Technology, Norway Keywords: large road projects, uncertainty management, human and organization, process, tools and techniques Abstract CSR and Consumer Purchasing Intention: (How) is Hungary Different? Birgit Burböck, Dorina Fülepp, and Ligia Pasqualin, FH JOANNEUM, Austria Keywords: corporate social responsibility, four CSR dimensions, Carroll’s Pyramid of CSR, consumerś perception, purchase intention Abstract Goal-Oriented Metropolis Ecosystem Development Małgorzata Pańkowska, University of Economics in Katowice, Poland Keywords: enterprise architecture, system architecture, ArchiMate, i* language, Metropolis 5.0, key performance indicators Abstract User Involvement in the Development of Campus Project in the COVID-19 Period Coline Senior, Tausif Ahmed Ishtiaque, Emmanuel Paul Azebeokhai, Savis Gohari, and Alenka Temeljotov Salaj, Norwegian University of Science and Technology, Norway Keywords: campus development, participation, management, COVID-19 Abstract Responding to Harsh Environment with Strategy Renewal: The Role of External Support Marco Vedovato and Antonio Costantini, Ca’ Foscari University of Venice, Italy Roberto Paladini, CNA Metropolitana Venice, Italy Keywords: strategic renewal, SMEs, external support Abstract 17 Economics I Thursday, June 9 • 12.00–13.30 • Room T Session Chair: Tjaša Redek Competitiveness Factors of the European Union Countries: Innovation Capacity, Human Capital and Market Size Milja Marčeta, Ministry of Education, Science and Sport, Slovenia Štefan Bojnec, University of Primorska, Slovenia Keywords: innovation capacity, human capital, market size, global competitiveness index, European Union Abstract R&D as Optimal Fiscal Policies for a Small Euro Area Economy: A Case Study for Slovenia Reinhard Neck and Dmitri Blueschke, University of Klagenfurt, Austria Klaus Weyerstrass, Institute for Advanced Studies, Macroeconomics and Public Finance Group, Austria Keywords: macroeconomics, stabilization policy, fiscal policy, tax policy, public expenditures, R&D, demand management, supply side policies, Slovenia, public debt Abstract The Motivation to Invest in Intangibles: Conceptual Model Eva Marčič, University of Ljubljana, Slovenia Keywords: intangible capital, firm level motivation, firm performance, theoretical model Abstract Does Total Energy Consumption and Share of Renewables in Energy Consumption Show Long Memory Under Sharp and Smooth Structural Changes? Saliha Tanrıverdi and Dilem Yıldırım, Middle East Technical University, Turkey Keywords: energy economics, time series, persistence, structural breaks, asymmetries Abstract The Impact of Marketing on Firm Productivity Tjaša Redek and Vesna Žabkar, University of Ljubljana, Slovenia Keywords: intangible capital, productivity, marketing department, firm-level analysis Abstract 18 Sustainability Thursday, June 9 • 12.00–13.30 • Room Y Session Chair: Mitja Ruzzier Assessment of Company’s Efficiency in the Context of Corporate Sustainability Performance Agnieszka Matuszewska-Pierzynka, University of Lodz, Poland Keywords: corporate sustainability performance, efficiency measure, WIG-ESG Index Abstract EU Recovery Plans and the Future of Inclusive Development Matjaž Nahtigal, University of Ljubljana, Slovenia Keywords: EU, recovery plans, inclusive development Abstract The Examination of Green Supply Chain Management Practices, Motives and Barriers Using Meta-Analysis Mária-Dalma Hámos, Partium Christian University, Romania Keywords: automotive sector, green supply chain, management, sustainability Abstract Do EU Projects Spur Innovativeness, Eco-Innovation, and Circular Economy? Mitja Ruzzier and Jana Hojnik, University of Primorska, Slovenia Maja Konečnik Ruzzier, University of Ljubljana, Slovenia Boris Sučić, Jozef Stefan Institute, Slovenia Keywords: environment, sustainability, eco-innovation, circular economy, innovation, EU projects Abstract 19 Labour Market Thursday, June 9 • 14.30–16.00 • Room Y Session Chair: Christine Ebner Youth in Transition from Education to Employment Štefan Bojnec, University of Primorska, Slovenia Keywords: young people, rural young people, education, training, employment, not in education nor in employment (NEETs), social entrepreneurship, Slovenia Abstract Wage Dynamics in the Central and Eastern European Countries: Insights from Romania József Fogarasi, Partium Christian University, Romania, and Óbuda University, Hungary Árpád Szabó and Enik˝ o Vígh, Partium Christian University, Romania Keywords: wage differences, wage dynamics, labour market, vector error correction model, Romania Abstract Algorithmic Management and the Illusion of Autonomy in the Context of Food Delivery Platform Work: A Systematic Literature Review Barbara Švagan and Suzana Laporšek, University of Primorska, Slovenia Keywords: platform economy, food delivery, algorithmic management, workplace autonomy Abstract The Future of Work: Remote Work as the New Normal? Christine Ebner, Peter Harald Brandstätter, and Michael Schmidthaler, University of Applied Sciences Upper Austria, Austria Keywords: digitalization, telework, remote work, motivation, SARS-Cov-19 pandemic Abstract 20 Pandemic Economics Thursday, June 9 • 16.15–17.45 • Room Y Session Chair: Elizabeta Zirnstein Impact Assessment of the Hungarian Economy Recovery and Loan-Programmes During the COVID-19: Comparative Analyses on CEE Countries Erika Jáki, Corvinus University of Budapest, Hungary Cesario Mateus, University of Aalborg Business School, Denmark Béla Kádár, Corvinus University of Budapest, Hungary Andrea Balla, University of Pécs, Hungary Keywords: COVID-19, state intervention, loan-programmes, CEE Abstract COVID-19 Pandemic Related Policy Stringency and Economic Nexus: Empirical Evidence Ujkan Bajra, University of Prishtina; Institute for Economic Research and Legal Studies, Kosovo Saranda Kajtazi and Diamanta Sojeva, University of Prishtina, Kosovo Keywords: policy stringency, economic policy, COVID-19 pandemic, economic growth, public health Abstract Pandemic Crises and Made in Italy’ Exports: Evidence from Italian Regions Alessandra Amendola, Marinella Boccia, Vincenzo Candila, and Luca Sensini, University of Salerno, Italy Keywords: international trade, SME, COVID-19, random effects, Made in Italy Abstract Posted Workers in Slovenia During and Beyond COVID-19: The Case of the Construction Sector Elizabeta Zirnstein, Suzana Laporšek, Klemen Širok, and Suzana Sedmak, University of Primorska, Slovenia Keywords: posted workers, COVID-19, construction sector Abstract 21 Management Issues in Pandemic Friday, June 10 • 9.00–10.30 • Room C Session Chair: Armand Faganel Value Chain Evolution in the FMCG Industry due to Digital Transformation and Technological Improvement Attila Loibl, Corvinus University of Budapest, Hungary Keywords: digital transformation, industry 4.0, value chain, lean practices, supply chain collaboration Abstract Fit for the Next Crisis – Learnings for Sales from an Austrian Resilience Analysis Harald Hammer, Margarethe Ueberwimmer, Jakob Vaboschek, and Markus Vorderwinkler, University of Applied Sciences Upper Austria, Austria Keywords: organizational resilience, crisis management, export management Abstract Social Media as a Tool of Public Engagement for Local Government During the COVID-19 Pandemic Stefano Landi, University of Verona, Italy Antonio Costantini, Ca’ Foscari University of Venice, Italy Keywords: social media, local government, COVID-19 pandemic, public engagement Abstract Are ‘Good Farmers’ Participating in Purchasing Group? Evidence from Covid Era Imre Fert˝ o, Zsófia Benedek and Gusztáv Nemes, Centre for Economic and Regional Studies, Hungary Keywords: portrait value questionnaire, short supply chain, Covid, matching approach Abstract Forecasting Retail’s Post-Covid Development Armand Faganel, University of Primorska, Slovenia Keywords: retail, Covid, forecasting, development, strategies Abstract 22 Economics II Friday, June 10 • 9.00–10.30 • Room I Session Chair: Jan Franˇ ceškin Cointegration Relations in Slovenian I(2) Tourism Prices Sergej Gričar, University of Novo mesto, Slovenia Bjørnar Karlsen Kivedal, Østfold University College, Norway Štefan Bojnec, University of Primorska, Slovenia Keywords: development of cointegration, tourism, Slovenia Abstract The Impact of Pandemic on the Italian Economy: The Recovery Plan of the Government Migena Saliu, Re.kon.fid.srls, Italy Keywords: pandemic, impact, economy, Italy Abstract Endogenous Market Coverage with Quality Dependent Unit Production Costs Cesaltina Pacheco Pires, Universidade de Évora, Portugal Sílvia Ferreira Jorge, Universidade de Aveiro, Portugal Joana Pinho, Universidade Católica do Porto, Portugal Margarida Catalão-Lopes, Universidade de Lisboa, Portugal Pedro Garcês, Universidade do Algarve, Portugal Adriana Alventosa, Universidade de Aveiro, Portugal Keywords: vertical differentiation, market coverage configurations, price-quality competition Abstract Spatial Structure Changes in the Partium Region from 1920 to the Present Day Ferenc Szilágyi and Szilárd Podruzsik, Partium Christian University, Romania Keywords: spatial structure, state border, center of influence, peripheries Abstract Efficiency of the Slovenian Hotel Companies Based on Malmquist Productivity Index Jan Frančeškin and Štefan Bojnec, University of Primorska, Slovenia Keywords: hospitality, hotel companies, total factor productivity, Malmquist Productivity Index Abstract 23 Finance Friday, June 10 • 9.00–10.30 • Room Y Session Chair: József Fogarasi The Impact of Economic Determinants on Non-Performing Loans: A Systematic Literature Review Marina Surina and Štefan Bojnec, University of Primorska, Slovenia Keywords: non-performing loans, credit rationing, banking system, credit risk, loan quality Abstract Impact of National Culture on Insurers’ Risk-Taking: Evidence from Selected CEE Countries Tomislava Pavic Kramaric and Maja Pervan, University of Split, Croatia Keywords: national culture dimensions, individualism, power distance, uncertainty avoidance, insurance risk-taking Abstract Corporate Sustainability Performance and Dividend Payout: The Case of Companies from the Global 500 Aleksandra Pieloch-Babiarz and Agnieszka Matuszewska-Pierzynka, University of Lodz, Poland Keywords: corporate sustainability performance, dividend payout, global companies Abstract The Effect of the Exchange Rate Volatility on the Tourism Demand in the Central and Eastern European Countries Edith Debrenti, Partium Christian University, Romania Johanna Tripo, Óbuda University, Hungary József Fogarasi, Partium Christian University, Romania, and Óbuda University, Hungary Keywords: exchange rate volatility, tourism, Central and Eastern European Countries Abstract 24 Poster Session Friday, June 10 • 10.30–11.00 • Conference Lobby Increasing Entrepreneurship Competences Among Students Tina Bratkovič Kregar and Mitja Ruzzier, University of Primorska, Slovenia Keywords: entrepreneurship, entrepreneurship competences, EntreComp Framework, students Abstract Gender Pay Gap in the Czech Republic: Focused on Management Veronika Hedija, College of Polytechnics Jihlava, Czech Republic Keywords: Oaxaca-Blinder decomposition, gender pay gap, management, wage differences, labour market Abstract Bridging the ‘Selves’: Exploring Gambling Motivations Using Self-Congruence Theory Even Bakke, Eirik Solberg, Øyvind Eliassen, and Atanu Nath, Western Norway University of Applied Sciences, Norway Keywords: self-congruence, gambling motivations, actual and ideal selves Abstract Who Am I Really? Concept of The Self, Body Image, and Buying Behavior Linn Katrine Fivelsdal, Silje Fossberg, Miriam Høyheim Lægreid, and Parmita Saha, Western Norway University of Applied Sciences, Norway Keywords: self-concept, body image, buying behavior Abstract Challenges of Quality Assurance in Crisis and Emergency Situations Nedeljko Živković, Maja Glogovac, and Biljana Tošić, University of Belgrade, Serbia Keywords: quality assurance, crisis and emergency situations, pandemic Abstract 25 Entrepreneurship Friday, June 10 • 11.00–12.30 • Room C Session Chair: Brandon William Soltwisch Challenges and Potential Solutions for Future Female Entrepreneurs: How Women Can Be Prepared for Starting Their Own Business During Maternity Leave Julia Taferner, Nina Nentwig, and Alfred Gutschelhofer, University of Graz, Austria Keywords: management, female entrepreneurship, entrepreneurship education Abstract Ecosystem Autocatalysis and Rural Entrepreneurship: The Case of PEAK Sunnfjord Janni Røssevold and Tore Frimanslund, Western Norway University of Applied Sciences, Norway Keywords: entrepreneurial ecosystem, rural entrepreneurship, autocatalytic processes Abstract International Entrepreneurs and Its Market Selection Strategies: A Framework Based on Psychological Market Distance and Market Attractiveness Hongying Foscht, Technical University Graz, Austria, Cesar M. Maloles, California State University, East Bay, USA Keywords: international entrepreneurship, market selection, market distance, market attractiveness Abstract Maximizing, Culture, and Entrepreneurial Intentions: The Role of Culture and Decision-Making Style in New Venture Decisions Brandon William Soltwisch, University of Northern Colorado, USA Keywords: maximizing, satisficing, entrepreneurship, culture, new venture decisions Abstract 26 Education Friday, June 10 • 11.00–12.30 • Room Y Session Chair: Aleksander Janeš Use of Multimedia in Higher Education Teaching and Learning Valerij Dermol and Špela Dermol, International School for Social and Business Studies, Slovenia David Dawson, University of Gloucestershire, United Kingdom Keywords: multimedia, higher education, education, research, advertising, university-community projects Abstract Competencies for Leadership in Indonesian Higher Education Nada Trunk Širca and Aleš Trunk, International School for Social and Business Studies, Slovenia David Dawson, University of Gloucestershire, United Kingdom Keywords: leadership skills, management skills, competencies, Erasmus+ project, culture Abstract Identification and Analysis and Knowledge Acquisition Techniques: A Case Study of an Industrial Project-Based Organization Peyman Akhavan, Qom University of Technology, Iran Raheleh Khatami, Iran Knowledge Management Association, Iran Lila Rajabion, State University of New York, USA Masoud Gharegouzlou, Malek Ashtar University of Technology, Iran Keywords: project management, project-based organization, knowledge acquisition, techniques Abstract Entrepreneurial Thinking in Primary Schools Anica Novak and Špela Dermol, International School for Social and Business Studies, Slovenia Gonçalo Meireles, ADVANCIS, Portugal Keywords: design thinking, entrepreneurial learning, primary school, game as an educational tool Abstract Digitalization Tools Challenges for Students in Post-Pandemic Era Aleksander Janeš and Andreja Klančar, University of Primorska, Slovenia Keywords: digital competence, digital tools, knowledge management, professional attitude Abstract 27 Marketing Friday, June 10 • 14.00–15.30 • Room C Session Chair: Nataša Kobal Shaping Olfactory Level and Consumer Purchase Likelihood Inside a Retail Outlet: A Study of the Apparel Retail Store Chain in Kolkata, India Shuvam Chatterjee and Pawel Bryla, University of Lodz, Poland Keywords: fragrance, olfactory level, retail atmosphere, store ambiance, consumer mood, technology innovation, emerging trends Abstract The Influence of Marketing Ethics and Corporate Social Responsibility on E-Loyalty Trine Vederhus and Atanu Nath, Western Norway University of Applied Sciences, Norway Keywords: marketing ethics, corporate social responsibility, e-loyalty, digital marketplace Abstract An Exploratory Study of Product Placement in Social Media Nuša Perkič and Mateja Kos Koklič, University of Ljubljana, Slovenia Keywords: product placement, social media, attitude toward product placement Abstract Consumer Confusion on Sustainable Wine Purchase Decisions: First Findings of a Research on Italian Consumers Marco Bellotto, Gabriele Iaconcig, and Patrizia de Luca, University of Trieste, Italy Keywords: sustainable wine, consumer confusion, Italian consumers Abstract Brand Solutions Creating a Position in the Electronic Books Market Laima Jeseviči¯ ut˙ e-Ufartien˙ e and Raminta Andr˙ eja Ligeikien˙ e, Kaunas University of Applied Sciences, Lithuania Keywords: brand, image, positioning, electronic market, books branding Abstract The Role of Marketing in SME Performance in Foreign Markets: Are We Forgetting the Role of Sales? Nataša Kobal, IB4SME – International Business Consulting Nataša Kobal, Poland Maciej Czaplewski, University of Szczecin, Poland Keywords: SME internationalisation, firm performance, marketing, business network ties Abstract 28 Accounting and Taxation Friday, June 10 • 14.00–15.30 • Room Y Session Chair: Michele Bertoni Determinants of VAT Collection Efficiency Lóránd-István Králik and Erzsébet Szász, Partium Christian University, Romania Keywords: tax evasion, tax efficiency, tax avoidance, tax fraud, tax gap Abstract Does Voluntary Adoption of IFRS by Private Companies Enhance Their Credit Scoring? An Empirical Analysis Michele Bertoni, Giorgio Valentinuz, and Valentino Pediroda, University of Trieste, Italy Keywords: IFRS voluntary adoption, credit scoring, private companies, financial reporting, credit capacity Abstract Fraud Risk of Financial Statements in the Case of Romanian and Hungarian Border County Companies Edit Veres and Tibor Tarnóczi, Partium Christian University, Romania Keywords: financial statement fraud, Beneish M-score model, Romanian-Hungarian border firms Abstract The Variety of Accounting Methods in the Extractive Industry and Its Effects on Analyst Behaviour in Europe Michele Bertoni and Paola Rossi, University of Trieste, Italy Keywords: financial reporting, IFRS 6, extractive industry, exploration and evaluation, accounting, analysts’ forecast, Europe Abstract 29 Index Akhavan, Peyman, 27 Frimanslund, Tore, 26 Alventosa, Adriana, 23 Fülepp, Dorina, 17 Amendola, Alessandra, 21 Garcês, Pedro, 23 Anderson, Kirk, 7 Gharegouzlou, Masoud, 27 Azebeokhai, Emmanuel Paul, 17 Glogovac, Maja, 25 Bajra, Ujkan, 21 Gohari, Savis, 17 Bajt, Teja, 11 Gomezelj Omerzel, Doris, 7 Bakke, Even, 25 Gotowska, Małgorzata, 7 Balla, Andrea, 21 Gričar, Sergej, 23 Bellotto, Marco, 28 Gutschelhofer, Alfred, 26 Benedek, Zsófia, 22 Hammer, Harald, 22 Bertoni, Michele, 29 Hámos, Mária-Dalma, 19 Blueschke, Dmitri, 18 Hedija, Veronika, 25 Boccia, Marinella, 21 Hojnik, Jana, 19 Bojnec, Štefan, 7, 14, 16, 18, 20, 23, Høyheim Lægreid, Miriam, 25 24 Iaconcig, Gabriele, 28 Bratkovič Kregar, Tina, 25 Ionita, Florin, 7 Bryla, Pawel, 28 Ishtiaque, Tausif Ahmed, 17 Burböck, Birgit, 17 Jáki, Erika, 21 Candila, Vincenzo, 21 Jakubczak, Anna, 7 Catalão-Lopes, Margarida, 23 Jakubik, Maria, 7 Černe, Ksenija, 7 Janeš, Aleksander, 27 Chatterjee, Shuvam, 28 Jeseviči¯ ut˙ e-Ufartien˙ e, Laima, 28 Čop, Jelka, 11 Ježovnik, Alen, 7 Costantini, Antonio, 17, 22 Johansen, Agnar, 17 Czaplewski, Maciej, 28 Kádár, Béla, 21 Dakli, Giulia, 11 Kajtazi, Saranda, 21 Dawson, David, 27 Karlsen Kivedal, Bjørnar, 23 de Luca, Patrizia, 28 Kaucic, Massimiliano, 7 Debrenti, Edith, 24 Kess, Pekka, 7 Dermol, Špela, 27 Khatami, Raheleh, 27 Dermol, Valerij, 27 Klančar, Andreja, 27 Ebner, Christine, 20 Kobal, Nataša, 28 El-Chaarani, Hani, 7 Konečnik Ruzzier, Maja, 19 Eliassen, Øyvind, 25 Kos Koklič, Mateja, 28 Ellemose Gulev, Rune, 7 Králik, Lóránd-István, 29 Faganel, Armand, 22 Križman Pavlović, Danijela, 7 Ferjančič, Staša, 7 Kumar Nath, Atanu, 7 Ferreira Jorge, Sílvia, 23 Landi, Stefano, 22 Fert˝ o, Imre, 7, 14, 22 Laporšek, Suzana, 7, 20, 21 Fivelsdal, Linn Katrine, 25 Ligeikien˙ e, Raminta Andr˙ eja, 28 Fogarasi, József, 7, 20, 24 Likar, Borut, 11 Foscht, Hongying, 26 Loibl, Attila, 22 Fossberg, Silje, 25 Maloles, Cesar M., 26 Frančeškin, Jan, 23 Marčeta, Milja, 18 30 Marčič, Eva, 18 Sučić, Boris, 19 Mateus, Cesario, 21 Surina, Marina, 24 Matuszewska-Pierzynka, Agnieszka, Sušec, Zdenka, 11 19, 24 Šušteršič, Janez, 7 Meško, Maja, 7 Švagan, Barbara, 20 Meireles, Gonçalo, 27 Szabó, Árpád, 20 Merc, Valentina, 11 Szász, Erzsébet, 29 Nahtigal, Matjaž, 19 Szilágyi, Ferenc, 23 Nath, Atanu, 25, 28 Taferner, Julia, 26 Neck, Reinhard, 18 Takala, Josu, 7 Nemes, Gusztáv, 22 Tanrıverdi, Saliha, 18 Nentwig, Nina, 26 Tarnóczi, Tibor, 29 Ngo, Johnny, 17 Temeljotov Salaj, Alenka, 17 Novak, Anica, 27 Tomić, Iva, 8, 10 Pacheco Pires, Cesaltina, 23 Torp, Olav, 17 Paladini, Roberto, 17 Tošić, Biljana, 25 Panić, Amela, 7 Tripo, Johanna, 24 Pańkowska, Małgorzata, 17 Trnavčević, Anita, 5, 7, 12, 15 Pasqualin, Ligia, 17 Trunk Širca, Nada, 27 Pavic Kramaric, Tomislava, 24 Trunk, Aleš, 27 Pediroda, Valentino, 29 Ueberwimmer, Margarethe, 22 Perkič, Nuša, 28 Vaboschek, Jakob, 22 Pervan, Maja, 24 Valentinuz, Giorgio, 7, 29 Petkovšek Štakul, Jana, 11 Vederhus, Trine, 28 Pieloch-Babiarz, Aleksandra, 24 Vedovato, Marco, 17 Pinho, Joana, 23 Veres, Edit, 29 Podruzsik, Szilárd, 23 Vígh, Enik˝ o, 20 Rajabion, Lila, 27 Vorderwinkler, Markus, 22 Redek, Tjaša, 18 Wersun, Alec, 8, 9 Røssevold, Janni, 26 Weyerstrass, Klaus, 18 Rossi, Paola, 29 Yıldırım, Dilem, 18 Ruzzier, Mitja, 7, 19, 25 Žabkar, Vesna, 18 Saha, Parmita, 25 Zenzerović, Robert, 7 Saliu, Migena, 23 Zirnstein, Elizabeta, 21 Scarlat, Cezar, 7 Živković, Nedeljko, 25 Sedmak, Suzana, 7, 21 Žvipelj, Gregor, 17 Senior, Coline, 17 Sensini, Luca, 21 Shabani, Rouzbeh, 17 Signorelli, Marcello, 7 Sinković, Dean, 7 Širok, Klemen, 21 Škare, Marinko, 7 Sojeva, Diamanta, 21 Solberg, Eirik, 25 Soltwisch, Brandon William, 7, 26 Stijepić, Marko, 11 Štrukelj, Peter, 13 31 32 33 34 35 Management International Conference ISSN 2712-3766 | www.mic.fm-kp.si University of Primorska Press www.hippocampus.si Document Outline MIC 2022 Contents Conference Organisers Welcome Address by the Organisers Conference Aims Programme Boards Conference Programme Keynote Speech: Management Education in Challenging Times Keynote Speech: Labour Markets in the Post-Pandemic Era I-THEN Project – Multiplier Event INSHIP – Presentation and Piloting Workshop: Innovative Pedagogical Approach in Practice Workshop: Spatial Transformation in Agriculture – A Hungarian-Slovenian Comparison Workshop: Everything is Not on the Likert Scale – How to Ask the Right Question? Workshop: How to Publish in Economic and Business Journals? Sessions Management Economics I Sustainability Labour Market Pandemic Economics Management Issues in Pandemic Economics II Finance Poster Session Entrepreneurship Education Marketing Accounting and Taxation Index