NITORING OF MONETARY-CREDIT POLICY AS PART OF THE DECISIONMAKING OF THE TOP MANAGEMENT OF THE COMPANIES ESTABLISHED BY LOCAL SELF-GOVERNMENT UNITS ON THE EXAMPLE OF THE REPUBLIC OF SERBIA

Abstract

Monetary and credit policy is basically seen as a set of rules, regulations, measures and instruments that in the broadest sense by the state authorities regulate the money supply, money supply, structure and dynamics of credit, economic liquidity, economic stability and more. Therefore, in this way, the state affects the business of the economy as a whole, that is, it affects the business of a large number of companies. Based on the impact of monetary and credit policy, it is clear that this impact is reflected in the business and decision-making of top management in the public sector. In this paper, the authors draw attention to some of the influences of macroeconomics on the decision-making process of top management in public and public utility companies whose founders are local governments. According to the authors, these influences largely depend on: the strength, the size of the company, the activity in which the company operates, and the development of the economy as a whole. This is of particular importance to be applied and respected in countries in transition. A large number of such countries have been on the road to EU accession for a long time, so it is of great importance to improve the business of public companies and bring them closer to the standards that apply in the EU

Keywords

• : monetary credit
• business decisions
• management
• economy.