Multiple sustainability dimensions of retail sector in Serbia until 2013

In this paper, we have analysed the challenges met by the Serbian retail industry in the transition process, its economic and social significance in Serbian economy and society, as well as its environmental performance. Although liquidity and profitability of this sector is insufficient, positive bu...

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Main Authors: Lovre Koviljko, Brankov Tatjana
Format: Article
Language:English
Published: Economics institute, Belgrade 2016-01-01
Series:Industrija
Subjects:
Online Access:http://scindeks-clanci.ceon.rs/data/pdf/0350-0373/2016/0350-03731601133L.pdf
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author Lovre Koviljko
Brankov Tatjana
author_facet Lovre Koviljko
Brankov Tatjana
author_sort Lovre Koviljko
collection DOAJ
description In this paper, we have analysed the challenges met by the Serbian retail industry in the transition process, its economic and social significance in Serbian economy and society, as well as its environmental performance. Although liquidity and profitability of this sector is insufficient, positive business gains of the whole retail sector after 2007 seems encouraging. Also encouraging is an increasing number of ISO 9001 and 14001 in the trade which may indicate the ecological commitment of the companies. Generally speaking, our research has shown that the retail market in Serbia is on the path to sustainability development, but further improvements are needed. For that purpose, appropriate institutional solutions must be applied.
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spelling doaj.art-f30c10aa731e461e8b12d005a4c0c3562022-12-21T19:42:53ZengEconomics institute, BelgradeIndustrija0350-03732334-85262016-01-0144113314910.5937/industrija1-89050350-03731601133LMultiple sustainability dimensions of retail sector in Serbia until 2013Lovre Koviljko0Brankov Tatjana1University of Novi Sad, Faculty of Economy, Subotica, SerbiaUniversity of Novi Sad, Faculty of Economy, Subotica, SerbiaIn this paper, we have analysed the challenges met by the Serbian retail industry in the transition process, its economic and social significance in Serbian economy and society, as well as its environmental performance. Although liquidity and profitability of this sector is insufficient, positive business gains of the whole retail sector after 2007 seems encouraging. Also encouraging is an increasing number of ISO 9001 and 14001 in the trade which may indicate the ecological commitment of the companies. Generally speaking, our research has shown that the retail market in Serbia is on the path to sustainability development, but further improvements are needed. For that purpose, appropriate institutional solutions must be applied.http://scindeks-clanci.ceon.rs/data/pdf/0350-0373/2016/0350-03731601133L.pdfsustainabilityretail sectorbusiness gainscertification
spellingShingle Lovre Koviljko
Brankov Tatjana
Multiple sustainability dimensions of retail sector in Serbia until 2013
Industrija
sustainability
retail sector
business gains
certification
title Multiple sustainability dimensions of retail sector in Serbia until 2013
title_full Multiple sustainability dimensions of retail sector in Serbia until 2013
title_fullStr Multiple sustainability dimensions of retail sector in Serbia until 2013
title_full_unstemmed Multiple sustainability dimensions of retail sector in Serbia until 2013
title_short Multiple sustainability dimensions of retail sector in Serbia until 2013
title_sort multiple sustainability dimensions of retail sector in serbia until 2013
topic sustainability
retail sector
business gains
certification
url http://scindeks-clanci.ceon.rs/data/pdf/0350-0373/2016/0350-03731601133L.pdf
work_keys_str_mv AT lovrekoviljko multiplesustainabilitydimensionsofretailsectorinserbiauntil2013
AT brankovtatjana multiplesustainabilitydimensionsofretailsectorinserbiauntil2013