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ISSN 2334-7171 ISSN 2334-7058 (Online) DOI 10.12709/issn.2334-7058 4D 61 6E 61 67 65 6D 65 6E 74 45 64 75 63 61 74 69 6F 6E 53 63 69 65 6E 63 65 54 65 63 68 6E 6F 6C 6F 67 79 ISSN 2334-7171 ISSN 2334-7058 (Online) DOI 10.12709/issn.2334-7058 This issue: DOI 10.12709/mest.03.03.02.00 MEST Journal Management Education Science & Society Technologies Edited by Zoran Čekerevac MEST Journal Vol. 3 No. 2 July 2015 CIP – Каталогизација у публикацији Народна библиотека Србије, Београд 005+37+3+66 MEST Journal : Management, Education, Science & Society, Technologies / editor-in-chief Zoran P. Čekerevac. – [Štampano izd.]. – Vol. 3, no. 2 (2015) – – Belgrade : MESTE NGO : Faculty of Business and Industrial Management of the “Union – Nikola Tesla” University Belgrade ; Toronto : SZ & Associates, 2013- (Belgrade : ICIM+). – 30 cm Polugodišnje. - Drugo izdanje na drugom medijumu: MEST Journal (Online) = ISSN 2334-7058 ISSN 2334-7171 = MEST Journal (Štampano Izd.) COBISS.SR- ID 196182028 MEST Journal Imprint MEST Journal online DOI 10.12709/issn.2334-7058 This issue DOI 10.12709/mest.03.03.02.00 MEST Journal is an international academic journal, official journal of the non-profit organization MESTE, published online, as well as print (subscription), which publishes scientific and professional research articles and reviews in English language. MEST Journal is published from Belgrade - Serbia and Toronto - Canada. The focal point of the journal is at international level, with the view on matters from a global perspective, but, also, some papers concerning some local specific events could be published. The science and technological advancements and their socio-political impact that happens all over the world can find place in the MEST Journal. Publishers o MESTE NGO – Belgrade o Faculty of Business and Industrial Management of the "Union" University Belgrade, Belgrade, Serbia o SZ & Associates, Toronto, Canada Scientific Board: Walter Block (USA), Milija Bogavac (Serbia), Ana Čekerevac (Serbia), Zoran Čekerevac (Serbia), Zdenek Dvorak (Slovakia), Petar Kolev (Bulgaria), Iouri Nikolski (Ukraine), Vlasta Piližota (Croatia), Ludmila Prigoda (Russia), Ladislav Šimak (Slovakia), Yaroslav Vyklyuk (Ukraine), Stanislav Filip (Slovakia), Ladislav Hofreiter (Poland), Irina Ivanova (Belarus), Veroslav Kaplan (Czech Republic), Denis Vasilievich Kapski (Belarus), Zvonko Kavran (Croatia), Tatiana Paladova (Russia), Radovan Soušek (Czech Republic), Daniela Todorova (Bulgaria), Zenon Zamiar (Poland), Mario Bogdanović (Croatia), Evelin Krmac (Slovenia), Fabrizio Rossi (Italy) Production: Zoran Čekerevac, Milija Bogavac, Damjan Čekerevac, Ljiljana Jovković, Sanja Čukić, Milanka Bogavac (all from Serbia), and Slavko Zdravković (Canada) All published papers have been internationally reviewed Two issues of journal are published annually ISSN 2334-7058 (Online) & ISSN 2334-7171 Published: Jul 2015 MESTE │ I MEST Journal Editor’s Foreword Belgrade Jul 15th, 2015 Welcome to the sixth issue of the MEST Journal, an international peer-refereed academic journal, official journal of the non-profit organization MESTE, and the Faculty of Business and Industrial Management of the "Union – Nikola Tesla" University in Belgrade, and the SZ & Associates - Toronto. This issue is published online and in print The MEST Journal is registered in DOI system by CrossRef with DOI 10.12709/issn.2334-7058. All articles published in this issue, as well as in the previous issues of the MEST Journal, have their own DOIs. The MEST Journal is registered in doiSerbia of the National Library of Serbia, COBOB.SR, Matica Srpska Library, COBISS.SR, and EleCas base of KoBSON. We keep the practice that articles, that have undergone peer review, and will be published in the next issues, we make available to readers in the form of preview - early reading. The focal point of the journal remained at international level, with the view on matters from a global perspective. However, due to their importance, in this issue have been published some papers relating to some specific local events. In this issue fifteen of submitted papers were published, of which six were classified in the group of research scientific papers, seven in the group of scientific review papers, and two in the group “Case study”. Most of the articles is multidisciplinary. However, four papers could be classified to the area of finance, and three to the field of management. Other articles belong to groups of economics, law, technology and modelling, and IT, two in each. We follow the mission and vision of the journal, and we help authors to publish their works and present their achievements in the most convenient way. However, we point out that the editors do not censor the works that we publish, as well as the published works can contain and/or proclaim views that could differ from the views of the editorial board. We check articles on plagiarism, but we are not able to guarantee the accuracy of the data published in scientific and professional works of our authors. We believe that our authors are honorable and publish only their original works with really achieved results. For the quality of papers we publish we thank the authors and reviewers who did their job well and conscientiously. You can follow us on the Facebook: https://www.facebook.com/www.meste.org?ref=profile, as well as on the Twitter: https://twitter.com/MesteZc . We invite you to publish your works with our motto: "If you wish to be quoted, people first have to hear for you". We will help you! Prof. Dr. Zoran Čekerevac Editor-in-chief II | MESTE Published: January 2015 MEST Journal Thematic areas Thematic Areas Management Information and industrial Management in economics technologies Management in industry Information technology Entrepreneurship Computers and new technologies Management in crisis situations Application of IT in management Management in transport Application of IT in higher education Technologies and quality tools in Cloud computing management Data protection Marketing management of research New services Application of IT in management Information security Management in ecology Information system security Business management in agribusiness Business information system Legal aspects of management Innovation and technology Taxation Industrial research Technology forecasting Education Instrumentation and analytical Higher education system techniques Educational research Specials of direct relevance to Education technology industrial entrepreneurs Education management Debates on key industrial issues Educational leadership All facets of industrial development Education for business Distance learning Lifelong learning Society & Science Politics and society Political science Political theories Public management Public administration Physical sciences These are basic, but not exclusive Environmental science themed areas. Energy and use of energy Scientific explorations Published: July 2015 MESTE │ III MEST Journal Table of contents Category Article Name(s) of the author(s) Page No. TITLE OF THE ARTICLE No. DOI #1 Research paper Brezhneva Ekaterina DEVELOPMENT OF THE ORGANIZATIONAL FINANCING MECHANISM OF INVESTMENT PROJECTS DOI 10.12709/mest.03.03.02.01 1 #2 Research paper Chyrun Lyubomyr, Vysotska Victoria, Andrunyk Vasyl ELECTRONIC CONTENT COMMERCE SYSTEM DEVELOPMENT DOI 10.12709/mest.03.03.02.02 10 #3 Review article Drebyt Galina CONCEPTUAL FOUNDATIONS OF COMPANY CASH FLOW PLANNING DOI 10.12709/mest.03.03.02.03 31 #4 Review article Dzhamirze Bella Yu CRIMINAL LAW METHODS AGAINST CORRUPTION DOI 10.12709/mest.03.03.02.04 39 #5 Review article Goncharuk Yana АCTIVATION OF INVESTMENT ACTIVITY OF AGRICULTURAL ENTERPRISES IN MARKET CONDITIONS IN UKRAINE DOI 10.12709/mest.03.03.02.05 45 #6 Research paper Gorditsa Tatiana BANKING SERVICE AND BANKING SERVICES: A CONCEPTUAL APPROACH DOI 10.12709/mest.03.03.02.06 53 #7 Research paper Kluska-Nowicka Malgorzata PRACTICAL ASPECT OF AUTHENTIC LEADERSHIP CONCEPT AT MEDIUM LEVEL OF MANAGEMENT IN POLAND DOI 10.12709/mest.03.03.02.07 62 #8 Review article Kushlak Elena ACTUAL PROBLEMS OF FINANCIAL CONTROL OF LOCAL GOVERNMENT DOI 10.12709/mest.03.03.02.08 72 #9 Research paper Lahno Valery MODELS, METHODS AND INFORMATION TECHNOLOGIES OF PROTECTION OF CORPORATE SYSTEMS BASED ON INTELLECTUAL IDENTIFICATION OF THREATS DOI 10.12709/mest.03.03.02.09 79 #10 Research paper Mutafchiev Marian Nikolov NEW QUASI-STATIONARY THERMODYNAMIC APPROACH IN THE INTERNAL BALLISTICS AND THE INTERNAL COMBUSTION ENGINES DOI 10.12709/mest.03.03.02.10 90 #11 Case study Prigoda Ludmila, Ogoreva Julia A MODERN APPROACHES TO MANAGEMENT OF RICE PRODUCE COMPLEX OF THE SOUTH OF RUSSIA DOI 10.12709/mest.03.03.02.11 99 IV │ MESTE Published: July 2015 Table of contents MEST Journal Category Article Name(s) of the author(s) Page No. TITLE OF THE ARTICLE No. DOI #12 Case study Tasov Konstantin, Stoyanov Ventsislav STATUS AND PRACTICES FOR MANAGING CONSTRUCTION WASTE IN THE REPUBLIC OF BULGARIA DOI 10.12709/mest.03.03.02.12 110 #13 Review article Todorova Daniela FRANCHISING – A FLEXIBLE METHOD FOR DEVELOPMENT OF THE TRANSPORT SECTOR DOI 10.12709/mest.03.03.02.13 118 #14 Review article Vaysilova Emilia ACCOUNTING – A KEY ELEMENT IN COMPANY MANAGEMENT DOI 10.12709/mest.03.03.02.14 127 #15 Review article Troitino David Ramiro TRANSPORT POLICY IN THE EUROPEAN UNION DOI 10.12709/mest.03.03.02.15 135 A1 Reviewers 142 A2 Instructions for authors 145 A3 Submission instructions 149 A4 Reviewer’s report 150 A5 Templates for