Guidelines for preparation of papers for EJEM – template for authors (Style: Times New Roman, 16 pt, Bold) Full name of authora,*, Full name of co-authorb (Style: Times New Roman, 11 pt, Bold) aAddress bAddress of author institution (Style: Times New Roman 9 pt, Normal) of co-author institution (Style: Times New Roman, 9 pt, Normal) ABSTRACT ARTICLE INFO European Journal of Economics and Management (EJEM) is an online and open access journal which means that all content is freely available online without charge to the users or institutions. European Journal of Economics and Management (EJEM) aims to advance both theoretical and empirical research and improve understanding of current issues in area of economics and management. EJEM provides a forum for researchers, academicians and practitioners to exchange information, knowledge and insights based on both theoretical development and practical experience. EJEM encourage academics and practitioners to publish papers which focus on developments in the field of corporate governance as journal is dedicated to advancing of corporate governance phenomenon. Journal publishes high quality papers of a multi-disciplinary nature and welcomes papers from all disciplines in economics, management and business. EJEM also publishes articles on the subject of business informatics and management information systems. European Journal of Economics and Management is a double-blind peer-reviewed journal which publishes original research papers. EJEM is published two times a year and there are no publication charges for authors. All submitted papers must be original, not been previously published or under consideration by any other publisher. All papers must be written in English. (Style: Times New Roman, 10 pt) Keywords: List of up to 5 keywords (Style: Times New Roman, 10 pt) *Corresponding author: corres_author@email.com (Full name of corresponding author) (Style: Times New Roman, 10 pt) Article history: Received DD MMMM YYYY Revised DD MMMM YYYY Accepted DD MMMM YYYY (Style: Times New Roman, 10pt) DOI XXX/XXX.XXXXX 1. INTRODUCTION (Style: Times New Roman, 12 pt, Bold, CAPITALISED) 1.1. General (Style: : Times New Roman, 12 pt, Bold) Please read the following instructions carefully. Formatting your paper correctly saves a great deal of editing time, which in turn ensures publication of papers in a timely manner. Please note that all papers must be written in English. The authors must ensure that the paper is complete, grammatically correct and without spelling or typographical errors. Papers should be prepared in Microsoft Word 2007 or higher version. Word .docx format is required. 1.2. Paper format and layout Paper size A4 (210 mm × 297 mm) is required with 25 mm for the left, right, top, and bottom margins. Body must be written in Times New Roman, size 11, one and half line spacing, Justify. 1.3. Structure and length of the paper PAGE 1| EUROPEAN JOURNAL OF ECONOMICS AND MANAGEMENT | 2014, VOL. 1, NO. 1 Papers should have between should be between 4,000 and 7,000 words, including title of the paper, names of authors and affiliations, abstract, keywords, body of the paper including introduction, methods used, experimental work, results and discussion, conclusion, acknowledgements (if any), references, and appendices (if any). The introduction section of the paper should explain the nature of the problem, previous work, purpose, and the contribution of the paper. A conclusion section should indicate clearly the achievements, advantages, limitations, possible applications, and future work. Figures and tables should be included within the paper. 2. TITLE OF THE PAPER, AUTHOR NAMES AND AFFILIATIONS 2.1. Title of the paper Title should adequately describe the content of the paper. Please limit the title to a maximum length of 15 words. Use Times New Roman, 16 pt, bold and left-aligned. 2.2. Author names Use font Times New Roman, 11 pt, Bold and left-aligned. Type full names of main author and coauthors of paper (eg. Michael Porter, Adolf A. Berle). 2.3. Author affiliations Use font Times New Roman, 11 pt, Bold and left-aligned. Type name of institution, address and email. 3. ABSTRACT, KEYWORDS AND CORRESPONDING AUTHOR DETAILS The abstract, keywords and corresponding author details should be typed into a table provided above using Times New Roman, 10 pt. 3.1. Abstract The abstract is an abbreviated self-explanatory presentation of the contents of the paper and should be up to 250 words. The abstract should contain the purpose of the paper, methods used, main results, importance for science, and possible practical implications. 3.2. Keywords The authors should provide a list of up to five keywords that clearly describe the subject matter of the paper. They should be ranked from general to specific terms. 4. BODY OF THE PAPER 4.1 Headings and subheadings All headings and subheadings from the introduction to conclusion are numbered sequentially using Arabic numerals 1, 1.1, 2, 2.1. Headings should be TIMES NEW ROMAN, SIZE 12, BOLD, CAPITALIZED. Subheadings should be Times New Roman, size 12, Bold not capitalized. Headings and subheadings must be short and clearly defined. Please try to limit yourself to use two level-headings. 4.2 Body text Body text from the introduction to conclusion should be typed in Times New Roman, size 12, one and half line spacing, Justify. Abbreviations can be used if necessary. First use of an abbreviation should be just after its complete name or description. 4.4 Mathematical equations Mathematical equations and expressions must be set in Microsoft Word Equation Editor and written in Cambria Math font. They are centred, numbered consecutively at the right margin of the text. Do not place equations as pictures. ππΆπ ( ππ + π’ β π»π) = π»(ππ»π) + ππΎΜ 2 ππ‘ π(π, πΎΜ ) = π0 (π) 1 + (π0 πΎΜ /π ∗ )1−π (1) (2) π−2 (ππ+1 − π1 ) × (ππ+2 − π1 ) 1 π΄ = |∑ ( )| 2 π! (3) π=1 4.5 Figures and tables Use Times New Roman, 10 pt, for all table entries including column and row names. Please try to use same font for figures (Times New Roman, 10 pt). Figures need to be numbered with the title on the bottom and tables need to be numbered with the title on the top. Please provide the source of the figures and tables if you reference someone else work. Colour format is required. Electronic versions of figures and tables in minimum resolutions of 300 dpi must be supplied. Both line drawings and photographs are referred to as figures. You can also use Graphs if needed. Papers with a poor quality of figures and tables will be returned to the authors. Make sure that figures and tables are consistent throughout the paper. Commitment to the Corporate Governance Standards Rights of Shareholders Standard 20% Weighting: Score: Weighting: Score: 63,44% 12,69% Disclosure and Transparency of Information Standard 10% 68,44% 6,84% Weighting: Score: Equal Treatment of Shareholders Role and Responsibility of the Boards Standard 10% 61,56% 6,16% Weighting: Score: Standard 20% 67,19% 13,44% TOTAL SCORE - 2012 Weighting: Score: Standard: 100% Standard 20% 65,63% 13,13% SCORE: 64,38% Role of Stakeholders in Corporate Governance Audit and Internal Control System Weighting: Score: Standard 10% 64,06% 6,41% Weighting: Score: Standard 10% 57,19% 5,72% Figure 1: Results of the Scorecard analysis of corporate governance practices G Factors Score Governance Factors 10 9 8 7 6 5 4 3 2 1 0 1 2 3 4 5 6 7 8 9 Company 6 EU Members Average Croatia Republic of Srpska Figure 2: Level of information disclosure on governance issues Table 1: Descriptive statistics of performance indicators for domestic companies Indicator No. Min. Max. Mean Standard deviation Ownership concentration 40 6.70 80.00 50.9722 20.52082 Price to Book 40 0.06 7.98 0.7162 1.23198 Capitalisation 40 2087341 466814567 44655271.31 76711735.192 Tobin’s Q 40 0.13 1.42 0.6894 0.29779 Earnings per share (EPS) 40 -21.43 83.06 1.6025 13.64592 Return on total assets (ROTA) 40 -20.86 28.88 0.956 6.536 Net profit margin (NPM) 40 -348.02 41.92 -7.1152 57.39852 Return on equity (ROE ) 40 -90.93 61.07 -1.2443 20.58409 P/E 31 1.02 2186.80 196.4123 523.00432 Valid N (listwise) 31 5. CONCLUSION All submissions should be sent to ejemjournal@gmail.com. Please ensure that you have prepared your paper in line with the EJEM's requirements. All submitted papers must be original, not been previously published or under consideration by any other publisher. Papers must be written in Microsoft Word using Times New Roman. All papers must be written in English and should be between 3,000 and 6,000 words. Acknowledgement An acknowledgement section may be presented after the conclusion, if desired. This heading is not assigned a number (Times New Roman, 10 pt). REFERENCES EJEM uses the Harvard style reference system for citations in the text with a detailed alphabetical list at the end of the article. All references must be carefully checked for completeness, accuracy and consistency before submitting paper. You should cite publications in the text: (Adams, 2006) using the first named author's name or (Adams and Brown, 2006) citing both names of two, or (Adams et al., 2006), when there are three or more authors. At the end of the paper a reference list in alphabetical order should be supplied: For books Surname, Initials (year), Title of Book, Publisher, Place of publication. e.g. Harrow, R. (2005), No Place to Hide, Simon & Schuster, New York, NY. For book chapters Surname, Initials (year), "Chapter title", Editor's Surname, Initials, Title of Book, Publisher, Place of publication, pages. e.g. Calabrese, F.A. (2005), "The early pathways: theory to practice – a continuum", in Stankosky, M. (Ed.), Creating the Discipline of Knowledge Management, Elsevier, New York, NY, pp. 15-20. For journals Surname, Initials (year), "Title of article", Journal Name, volume, number, pages. e.g. Capizzi, M.T. and Ferguson, R. (2005), "Loyalty trends for the twenty-first century", Journal of Consumer Marketing, Vol. 22 No. 2, pp. 72-80. For published conference proceedings Surname, Initials (year of publication), "Title of paper", in Surname, Initials (Ed.), Title of published proceeding which may include place and date(s) held, Publisher, Place of publication, Page numbers. e.g. Jakkilinki, R., Georgievski, M. and Sharda, N. (2007), "Connecting destinations with an ontologybased e-tourism planner", in Information and communication technologies in tourism 2007 proceedings of the international conference in Ljubljana, Slovenia, 2007, Springer-Verlag, Vienna, pp. 12-32. For unpublished conference proceedings Surname, Initials (year), "Title of paper", paper presented at Name of Conference, date of conference, place of conference, available at: URL if freely available on the internet (accessed date). e.g. Aumueller, D. (2005), "Semantic authoring and retrieval within a wiki", paper presented at the European Semantic Web Conference (ESWC), 29 May-1 June, Heraklion, Crete, available at: http://dbs.uni-leipzig.de/file/aumueller05wiksar.pdf (accessed 20 February 2007). For working papers Surname, Initials (year), "Title of article", working paper [number if available], Institution or organization, Place of organization, date. e.g. Moizer, P. (2003), "How published academic research can inform policy decisions: the case of mandatory rotation of audit appointments", working paper, Leeds University Business School, University of Leeds, Leeds, 28 March. For encyclopedia entries (with no author or editor) Title of Encyclopedia (year) "Title of entry", volume, edition, Title of Encyclopedia, Publisher, Place of publication, pages. e.g. Encyclopaedia Britannica (1926) "Psychology of culture contact", Vol. 1, 13th ed., Encyclopaedia Britannica, London and New York, NY, pp. 765-71. (For authored entries please refer to book chapter guidelines above) For newspaper articles (authored) Surname, Initials (year), "Article title", Newspaper, date, pages. e.g. Smith, A. (2008), "Money for old rope", Daily News, 21 January, pp. 1, 3-4. For newspaper articles (non-authored) Newspaper (year), "Article title", date, pages. e.g. Daily News (2008), "Small change", 2 February, p. 7. For electronic sources If available online, the full URL should be supplied at the end of the reference, as well as a date that the resource was accessed. e.g. Castle, B. (2005), "Introduction to web services for remote portlets", available at: http://www128.ibm.com/developerworks/library/ws-wsrp/ (accessed 12 November 2007). Standalone URLs, i.e. without an author or date, should be included either within parentheses within the main text, or preferably set as a note (roman numeral within square brackets within text followed by the full URL address at the end of the paper).