The International Science Conference SER 2018 April 26th – 28th, 2018 Igalo, Herceg Novi, Montenegro "NEW TRENDS AND BEST PRACTICES IN SOCIOECONOMIC RESEARCH" Book of Abstracts Organized by: Economic Laboratory for Transition Research, Podgorica, Montenegro Adriatic University Bar, Faculty for Mediterranean Business Studies Tivat, Montenegro Center for Sociological Research Szczecin, Poland University “Mediterranean, Podgorica Montenegro 1 Publisher: Economic Laboratory for Transition Research, Podgorica, Montenegro; Center for Sociological Research Szczecin, Poland; Adriatic University Bar, Faculty of Mediterranean Business studies Tivat, Mon- tenegro; and University Mediterranean, Podgorica, Montenegro Editors: Professor Veselin DRASKOVIC, Montenegro, and Associate Professor Yurij BILAN, Poland Scientific Committee: Prof. Veselin DRASKOVIC, the Chair, Montenegro; Prof. Yuriy BILAN, the Co- Chair, Poland; Prof. Radislav JOVOVIC, Montenegro; Prof. Slavo KUKIC, Bosnia and Hezegovina; Prof. Bagrat YERZNKYAN, Russia; Prof. Stevi NIKIC, Montenegro; Prof. Radovan STOJANOVIC, Montenego; Prof. Dalia STREIMIKIENE, Lithuania; Prof. Sanja BAUK, Montenegro; Prof. Tomasz BERNAT, Poland;. Prof. Andjelko LOJPUR, MONTENEGRO, and Prof. Svetlana AKHMETOVA, Russia. Program Committee: Prof. Yuriy BILAN, the Chair; Prof. Mimo DRASKOVIC, the Co-Chair, Montenegro; Prof. Tomasz BERNAT; Prof. Anđelko S. LOJPUR, Montenegro; Prof. Niksa ALFIREVIC, Croatia; Prof. Aneta SPAJIC, Montenegro; Prof. Dusko KNEZEVIC, Montenegro; Prof. Vinko NIKIC, Montenegro Board of Editors: Prof. Dalia STREIMIKIENE, the Chair (Transformations in Business & Economics – WoS - SSCI); Prof. Veselin DRASKOVIC, the Co-Chair (Montenegrin Journal of Economics - WoS - ESCI, SCOPUS; Socio-Economic Essays); Prof. Yuriy BILAN, Co-Chair (Journal Economics and Sociology - WoS - ESCI, SCOPUS; Journal of International Studies, SCOPUS); Academician Prof. Bagrat YERZNKYAN (Theory and Practice of Institutional Reforms in Russia); Prof. Radislav JOVOVIC (Economics & Economy); Prof. Mimo DRASKOVIC (Media Dialoques); Associate Prof. Borut JEREB (Logistics & Sustainable Transport); and Assist. Prof. Milica DELIBASIC (Montenegrin Journal of Ecology) Organizing Committee: Prof. Stevo NIKIC, the Chair, Montenegro; Prof. Yuriy BILAN, Poland, Prof. Dra- go PUPAVAC, Croatia; Prof. Senka SEKULARAC IVOSEVIC, Montenegro; Prof. Marija JANKOVIC, Montenegro; Prof. Mladen IVIC, Bosnia and Herzegovina; PhD Misko RADJENOVIC, Montenegro; PhD, Zoran KOVACEVIC, Montenegro, PhD student Dragan RADOVIC, PhD student Jelena STJEPCEVIC. Printing 150 Copies Printed “3M Makarije” , Podgorica CIP - Kaталогизација у публикацији Национална библиотека Црне Горе, Цетиње ISBN 978-9940-673-18-5 COBISS.CG-ID 35499792 2 List of Participants Svetlana AKHMETOVA, Russia Jurica PAVICIC, Croatia Niksa ALFIREVIC, Croatia Anatolii PAVLYK, Ukraine Kateryna A. ALEKSEIEVA, Ukraine Vladimir PEROVIC, Montenegro Sanja BAUK, Montenegro Yuriy PETRUSHENKO, Ukraine Ivana BECAGOL, Montenegro Tetyana PIMONENKO, Ukraine Tomasz BERNAT, Poland Svitlana PLOTNYTSKA, Ukraine Yuriy BILAN, Poland Svitlana POKHYLKO, Ukraine Olivera BLAGOJEVIC, Montenegro Drago PUPAVAC, Croatia Borjana BULAJIC, Canada Justin PUPAVAC, Croatia Olena CHYGRYN, Ukraine Misko RADJENOVIC, Montenegro Milica DELIBASIC, Montenegro Dragan RADOVIC, Montenegro Viktoriia DEGTEREVA, Russia Dmitriy RODIONOV, Russia Fabio DELLA PIETRA, Italy Kyanan SALAEV, Ukraine Veselin DRASKOVIC, Montenegro Radenko SCEKIC, Montenegro Mimo DRASKOVIC, Montenegro Senka SEKULARAC IVOSEVIC, Montenegro Josip FUMIĆ, Croatia Valeriia SHCHERBAK, Ukraine Liudmyla GANUSHCHAK YEFIMENKO, Ukrane Mariana SHKODA, Ukraine Niksa GRGUREVIC, Montenegro Yuliia SHKODKINA, Ukraine Balazs HAMORI, Hungary Milica Savic, Montenegro Mladen IVIC, Bosnia and Herzegovina Denys SMOLENNIKOV, Ukraine Marija JANKOVIC, Montenegro Darya SOKOLOVA, Russia Borut JEREB, Slovenia Aneta SPAJIĆ, Montenegro Radislav JOVOVIC, Montenegro Lidija SABOTIC, USA Nebojsa JOVOVIC, Montenegro Neven SERIC, Croatia Miroslav JOVOVIC, Montenegro Danica DRAKULIC, Serbia Salih KAYA, Turkey Tatjana STANIVUK, Croatia Svetlana KIRDINA, United Kingdom Mykola STARINSKIY, Ukraine Iana KOBUSHKO, Ukraine Justyna STECKO, Poland Ihor KOBUSHKO, Ukraine Jelena STJEPCEVIC, Montenegro Felix KOMBO, Czech Republic Radovan STOJANOVIC, Montenegro Nadiya KOSTYUCHENKO, Ukraine Mihail STOYCHEV, Bulgaria Zoran KOVACEVIC, Montenegro Dalia STREMIKIENE, Lithuania Slavo KUKIC, Bosnia and Hezegovina Justas STREIMIKIS, Lithuania Ana LALEVIC FILIPOVIC, Montenegro Theodore TSEKERIS, Grece Liliia LIULOVA, Ukraine Іnna TIUTIUNYK, Ukraine Oleksii LYULYOV, Ukraine Oleksandr TUR, Ukraine Serhiy LYEONOV, Ukraine Laura VASILESCU, Romania Ana LOJPUR, Montenegro Kiril VASILEV, Macedonia Andjelko LOJPUR, Montnegro Tetiana VASYLIEVA, Ukraine Grzegorz MENTEL, Poland Anna VORONTSOVA, Ukraine Tetiana G. MOSTENSKA, Ukraine Sergej VOJTOVIC, Slovakia Iuliia MYROSHNYCHENKo, Ukraine Alina VYSOCHYNA, Ukraine Larisa NEVSKAYA, Russia Nataliia VYNNYCENKO, Ukraine Vitalii NITSENKO, Ukraine Yurii VITKOVSKYI, Ukraine Olena NIFATOVA, Ukraine Nikola VUKCEVIC, Montenegro Ivan NIKCEVIC, Montenegro Liudmyla ZAKHARKINA, Ukraine Marko NIKIC, Montenegro Vasyl ZALIZKO, Ukraine Milica NIKIC, Montenegro Jelena ŽANIĆ MIKULIČIĆ, Croatia Stevo NIKIC, Montenegro Valentina ZHOHOVA, Russia Vinko NIKIC, Montenegro Bagrat YERZNKYAN, Russia 3 Foreword We would like to thank all the contributors, discussants and participants of the Interna- tional Scientific Conference SER 2018, entitled “New Trends and Best Practices in Socioeconomic Research”, successfully organized and held in Igalo (April 27th-28th, 2018), which contributed to the same success and has a high scientific quality. Special thanks to the organizers: Adriatic University Bar, Tivat, Montenegro, University of Mediterranean (Podgorica, Montenegro), Center for Sociological Research (Szczecin, Poland), Institute for Physical Medicine, Rehabilitation and Rheumatology" Dr. Simo Milose- vic "(Igalo, Montenegro), and Economic Laboratory for Transition Research (Podgorica, Montenegro). We had 110 authors from 21 countries (Bosnia and Herzegovina, Bulgaria, Canada, Croa- tia, Czech Republic, Grece, Hungary, Italy, Lithuania, Macedonia, Montenegro, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey, Ukraine, United Kingdom, and USA). Conference participants submitted 50 expanded scientific abstracts, which were reviewed by the International review board (Professor Dalia Stremikiene, Academician Veselin Draskovic, Professor, Radislav Jovovic, Professor, Yuriy Bilan, Associate Professor, Sanja Bauk, Associate Professor, and Mimo Draskovic, Associate Professor). I hope that the conference participants, in dynamic, interesting and original reports and discussions, will succeed in moving the boundaries of knowledge about the current theme of this conference. I believe that many of the old questions, problems and dilemmas will get some new arguments, information and evidence. Chair of Scientific Committee Academician Veselin Draskovic, Professor 4 P R O G R A M M E DAY ONE: Thursday 26th April 2018 14:00-15:00 R E G I S T R A T I O N of the participants 15:00- OPENING THE CONFERENCE (Amphitheater of the Institute Igalo) 15:30 Stevo Nikic, Professor, Rector of the University of of Adriatic Bar, Montenegro Radislav Jovovic, Professor, Rector of the University of Mediterranean Podgorica, Montenegro PLENARY SESSION : Introductory Papers – Keynote Speeches Head: Yuriy Bilan, Associate Professor SCIENCEMETRICS AND HYPERPUBLISHING: THE OTHER SIDE OF THE COIN 15:30- Keynote Speaker : Radovan Stojanovic, Professor 16:00 University of Montenegro; Montenegrin Association for New Technologies, Chair of the MECO and ECYPS Conferences TRANSPARENCY’S PRINCIPLES AND BEST PRACTICE 16:30- IN SCHOLARLY PUBLISHING 17:00 Keynote Speaker : Yuriy Bilan, Associate Professor University of Szczecin, Faculty of Economics Science and Management, Poland ENVIRONMENT AND PROBLEMS OF PUBLICATION IN ECONOMIC JOURNALS 17:30- FOUND IN THE LEADING DATABASES OF THOMSON REUTERS AND SCOPUS 18:00 Keynote Speaker : Academician Veselin Draskovic, Professor University of Montenegro, Maritime Faculty Kotor, Montenegro 18:00- METHOD IN ECONOMICS AND BUSINESS 18:30 Keynote Speaker : Radislav Jovovic, Professor Rector of the Mediterranean University Podgorica, Montenegro DAY TWO: Friday 27th April 2018 PLENARY SESSION – EXTENSION : Introductory Papers - Keynote Speeches Head: Sanja Bauk, Associate Professor THE PERSPECTIVES OF HIGH EDUCATION IN THE CONTEXT OF MULTIMEDIA CULTURE 10:00- Keynote Speaker : Stevo Nikic, Professor 10:30 Rector of the University of of Adriatic Bar, Montenegro Ivana Becagol, MSc Faculty for Metiterranean Business Studies Tivat, Montenegro PROMOTION SCHEMES FOR RENOVATION OF MULTI-FLAT BUILDINS 10:30- 11:00 Keynote Speaker : Dalia Stremikiene, Professor Lithuanian energy institute, Kaunas, Lithuania PROBLEMS OF DIGITAL TRANSFORMATION IN HIGHER EDUCATION 11:00- IN RUSSIA BUILDINS 11:30 Keynote Speaker : Svetlana Akhmetova, Professor Larisa Nevskaya, PhD, Docent Faculty of Humanities, Perm National Research Polytechnic University, Perm, Russia 5 WE NEED A NEW MODEL OF THE STAKEHOLDER CONCEPT A KEY PRECONDITION 11:30- IN THE FUNCTION OF IMPROVING THE PROCESS OF CORPORATE GOVERNANCE 12:00 Keynote Speaker : Andjelko Lojur, Professor University of Montenegro, Faculty of Economics Podgorica, Montenegro Anja A. Lojpur, MSc, Central Bank of Monenegro, Montenegro 12:30- SUCCESS VERSUS BARRIERS IN PUBLISHING