The Impact of Accounting Regulations on Small and Medium-Sized Enterprises (SMEs) in Balkan Countries: A Comparative Analysis of Regulatory Frameworks and Business Performance - Economicus

by Dr. Lirola KERI, Assoc. Professor, PhD. Albana JUPE

Abstract
Purpose: This study examines the impact of accounting regulations on small and medium-sized enterprises (SMEs) across Balkan countries, analyzing how regulatory frameworks affect business performance, compliance costs, and operational efficiency.

Methodology: Through a mixed-methods approach incorporating quantitative analysis of 1,603 SMEs across eight Balkan countries and qualitative interviews with 115 business owners and accountants, this research reveals significant variations in regulatory burden and its consequences for SME development.
Findings The findings indicate that countries with more streamlined, SME-specific accounting standards demonstrate higher rates of business growth and lower compliance costs. This study contributes to the literature on regulatory economics and provides policy recommendations for enhancing SME competitiveness in the Balkan region.

Keywords: SMEs, accounting regulations, Balkan countries, regulatory burden, business performance, compliance costs