Household Accounting – A Case of Subsidised Self-Employed Entrepreneurs in Slovenia

Damjana Rant; Robert  Horvat; Polona Tominc; Bojana  Korošec

Damjana Rant
Robert Horvat
Polona Tominc
Bojana Korošec

Keywords: household accounting, self-employed entrepreneurs, entrepreneurial success

Abstract

This paper presents the results of the first empirical study of household accounting in Slovenia, which was conducted on a sample of households of subsidised self-employed entrepreneurs. Based on an original measurement of the levels of household accounting, this study presents the scope of different accounting components in these households. Further, it gives the results of the comparison between those subsidised self-employed entrepreneurs who managed to keep their business and those who failed to do so. The comparison of the results showed a statistically significant difference between the two groups of entrepreneurs only in terms of the scope of monitoring of household costs and expenditures.

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Author Biographies

Damjana Rant

Strossmayerjeva ulica 8, Ljubljana, Slovenia
E-mail: damjana@sentra-obnova.com

Damjana Rant, MSc in economics and administrative sciences, earned her master's degree with honours in accounting and auditing at the Faculty of Economics and business at the University of Maribor in 2016. She is a director of her own company and has been active as an entrepreneur for more than twelve years. She has successfully introduced a new service in metalworking to the Slovenian market. Her research work in the areas of accounting, entrepreneurial rationality and behaviour has been encouraged by her entrepreneurial activities.

Robert Horvat

University of Maribor, Faculty of Economics and Business, Slovenia
E-mail: robert.horvat@um.si

Robert Horvat is a senior lecturer at the Faculty of Economics and Business at the University of Maribor. He received his M.Sc. degree from the Faculty of Economics and Business at the University of Maribor in 2003. His areas of research are accounting, auditing and ethics in accounting and auditing. His bibliography consists of 32 articles, conference papers, discussion papers and other scientific and professional contributions.

Polona Tominc

University of Maribor, Faculty of Economics and Business, Slovenia
E-mail: polona.tominc@um.si

Polona Tominc, PhD, is a full-time Professor in the Department of Quantitative Economic Analysis at the Faculty of Economics and Business, University of Maribor. Her research is focused on statistical methods in economics in business sciences, especially in the field of entrepreneurship, as well as gender differences and behavioural differences between social groups in different fields of management. She is participating in the DIANA network analysing female entrepreneurship and is a team member of GEM Slovenia and the Slovenian entrepreneurship observatory research team.

Bojana Korošec

University of Maribor, Faculty of Economics and Business, Slovenia
E-mail: bojana.korosec@guest.um.si

Bojana Korošec, PhD, is an associate professor of accounting and auditing at the Faculty of Economics and Business, University of Maribor. Her research refers in particular to areas in managerial accounting and financial reporting, valuation of economic categories (including intangibles), social aspects of accounting and behavioral issues in accounting and auditing.

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