The study of role and impact of formal education expenditures on economic growth in Iran
May 2013
In this paper, we investigated the long run relationship between formal education expenditures and economic growth and also their influences on each other in Iran and for years 1979 to 2008. In this purpose vector autoregressive model (VAR) has been used. First, stable of variables by the use of Dickey-fuller test has been examined. Next, analysis of Johnson test for considering the convergence among variables has been...
Behavioral intention in the luxury fast food restaurant
May 2013
The purpose of this article is to analyze the impacts of personal interaction encounters, service excellence, product quality and positive emotion on consumer behavioral intentions in luxury fast food restaurants. The paper investigates samples of luxury fast food restaurants' customers in Shiraz, using stratiï¬ed random sampling. Self-administered questionnaires were distributed by fast food restaurant staffs to...
Customer satisfaction in private and public fitness clubs in north of Iran
May 2013
Survival of sport organizations in today’s competitive world depends on their customer’s satisfaction. The aim of this study was to determine customers’ satisfaction in private and public body building clubs in north of Iran. In this descriptive study a questionnaire was provided to all subjects to determine demographic characteristics and satisfaction factors. A total of 390 sample, 175 men...
Agricultural production cooperatives, entrepreneurship and education in Iran
May 2013
Training is one of the components affecting the human resource development in a society. It is an effective component for developing entrepreneurship in agricultural production cooperatives. This study purpose is evaluating and classifying the needed trainings in agricultural production cooperatives to develop entrepreneurship. This study is descriptive and...
Enhancing credit scoring model performance by a hybrid scoring matrix
May 2013
Competition of the consumer credit market in Taiwan has become severe recently. Therefore, most financial institutions actively develop credit scoring models based on assessments of the credit approval of new customers and the credit risk management of existing customers. This study uses a genetic algorithm for feature selection and decision trees for customer segmentation. Moreover, it utilizes logistic regression to...
Investigation of the effects of luxury brand perception and brand preference on purchase intention of luxury products
May 2013
Conspicuous consumption is a fairly universal phenomenon although possibly more pervasive in developed countries. It can be said, conspicuous consumption is more common in some cultures that have a tendency to materialism. Every country in terms of political, technological, cultural and economic environment is different. This paper deepens understanding of why consumers are willing to buy the luxury high end,...
The effect of ownership concentration on company performance
May 2013
The study is to explore a relationship between ownership attributes and the performance of the firm (value of the firm). The ownership concentration or type of ownership will be divided into a few categories either institutional or individual companies, foreign or non foreign holding companies and government or non government holding companies. The study found that companies in Malaysia with foreign or government...
Investigating the effect of management attitude with respect to human resources, export and marketing on the performance of firm: Evidence from Iran's export firms
May 2013
Quick changes in international economy have made it by far more difficult and more complicated to plan to work in foreign markets than it was in the past. Actually, with regard to the high intensity of competition in the area of world trade, it is unavoidably inevitable to accept the role of thoughts, skills and abilities of managers of commercial units to enter world markets. With respect to the importance of the...
Economic value added (EVA) versus traditional tools in predicting corporate performance in Malaysia
May 2013
A tool which could help in explaining company’s performance, particularly in Malaysia, in terms of quantitative factor is very much needed. However, it is arguable if earnings alone can be considered as the best performance tool. Economic value added (EVA) has recently amazed much attention as a tool that takes into consideration many factors and incorporates more information as compared to traditional tools....
The impact of service quality on customer satisfaction and the moderating role of word-of-mouth
May 2013
This is a cross sectional field study in which we examined the relationship between perceived service quality and customer satisfaction with the moderating role of word-of-mouth. The sample size of the data is 350 that are collected from the fast food restaurants located in the one of the largest city of Pakistan, Lahore. After implementing some statistical tools we conclude that the service quality and customer...
Executive director’s remuneration after fraud and lawsuit revelation
May 2013
The twofold objectives of this study are; firstly, to determine whether fraud and lawsuit firms reduce their executives’ remuneration after fraud revelation; and secondly to empirically examine the effects of fraud and lawsuit revelation on the internal monitoring mechanisms which are board of directors (BOD) and remuneration committee. This study has a sample of 136 firms comprising 68 fraud and lawsuit firms...
Customer satisfaction, perceived value and customer loyalty: the mobile services industry in China
May 2013
This research integrates the American Customer Satisfaction Model, perceived usefulness and perceived ease of use to propose a modified American Customer Satisfaction Model to study consumer satisfaction with the mobile services industry in China. The research finds that perceived expectations, perceived quality, perceived value, perceived usefulness and perceived ease of use have a major positive effect on customer...
Proactive management of innovations in information technology (IT) enabled services
May 2013
Since the early 1960s, many innovations on information technology-enabled services (IISs) that fulfill underserved customers and create competitive advantages for firms have been examined on the realization of their values. However, even with much theoretical promise, most IIS experiments have failed. Extant argumentsattribute this to initiatives, business models, institutional...
Comparison of financial instruments in Islamic versus conventional banking system and liquidity management
May 2013
The aim of this paper is to study the financial instruments which are used for liquidity management in Islamic and conventional financial systems. For day to day operations banks need liquidity and banks must have to manage their liquidity according to the operations. Liquidity risk management is very important for banks as well as for financial institutions. Both types of financial systems have their own different...
Interactions on sustainability requirements in the South African Table Grape industry: The position and challenges of actors on the supply side
May 2013
International supply chains have mainly been addressed in literature from a demand side perspective. This article addresses sustainable development issues from a supply side perspective. The paper is based on exploratory research done in the supply chain of Table Grapes in South Africa. The objective of this research is to get an understanding on the functionality of the chain as a whole by identifying the specific...
Can management technology reduce poverty? Some evidences from Nasarawa State, Nigeria
May 2013
Much effort has been put in by scholars and researchers in understanding the nature, dimension and consequences of poverty. Also theoretical as well as practical solutions have been suggested; specially designed projects and programmes have been put in place by successive governments to tackle the problem of poverty as well. However, the relationship between...
Value relevance of accounting information: A case of Karachi stock exchange listed companies in Pakistan
May 2013
As one of the basic components of economic growth and development in every country, the capital market is responsible for optimal allocation of capital. For the correct guidance of the decisions along the optimal allocation of capital, information has a main role and financial reports are of the most important information resources. So, in the present study, effort is on studying the effect of competition in the...
Accumulation of human capital and foreign direct investment (FDI) inflows in ASEAN-3 countries (Malaysia, Thailand, Indonesia)
May 2013
The event of globalization and the increasing inflows of foreign direct investment (FDI) to developing countries create a potential for technology transfers and spillovers which suggest a potential for future growth of human capital, and output. There is a noticeable lack of empirical findings in the literature on the impact of FDI on the accumulation of human capital in developing countries. In this...
Planning new management approach for milk production using the SWOT and the Fuzzy AHP model: A case study in the Sistan and Baloochestan province, Iran
May 2013
This study is aimed at recognizing strengths (S), weaknesses (W), opportunities (O) and threats (T) of the milk producing assembly in the Sistan and Baloochestan province and planning a new approach for the efficient management of the animal husbandry industry of the province. Ten strong points, eighteen weak points, ten opportunities and thirteen threats were considered through a survey by means of a questionnaire...
The impact of work life policies, empowerment and training and development on employee performance with the mediating role of organizational citizenship behaviour (OCB)
May 2013
This study was conducted to know the factors that enhance the performance of Pakistani universities teachers. The objective of this study is to provide a roadmap for policy makers and human resource management executive to adopt such practices, which increase the performance of employee. Therefore participants of this study are both from public and private...
Cross-industry determinants of capital structure: Evidence from Pakistani data
May 2013
This study was conducted to know the factors that enhance the performance of Pakistani universities teachers. The objective of this study is to provide a roadmap for policy makers and human resource management executive to adopt such practices, which increase the performance of employee. Therefore participants of this study are both from public and private sector universities. Questionnaire was distributed among the 200...
A framework for combating insider trading on developing stock exchanges: Evidence from the Zimbabwean stock exchange
May 2013
Stock exchanges play a vital role in any capitalist economy as they provide a secondary market where investors can buy and sell shares under orderly conditions at fair and competitive prices. This role requires stock exchange operations to be regulated in order to enhance the efficiency, transparency and full disclosure in their operations. This is particularly...
An empirical investigation of downsizing: A study of banking sector of Pakistan
May 2013
Downsizing is the burning issue of today’s dynamic organizations. Organizations are shortening their staff to improve their financial performance. This bustle is not only affected its employees at their workplace but also in their private lives. This study has been conducted in order to measure whether the organizations are successful in achieving their objectives of downsizing or not. This study has been...
Management of schools: Teachers’ involvement in decision making processes
May 2013
Management in all business and organizational activities is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively. The purpose of this study is therefore to establish effects of insignificant teacher’s participation in the management of teaching load allocation in the Gweru District of Zimbabwe. The study adopted an interpretive...
Factors affecting economic prosperity of rural families in the South Khorasan Province (Iran)
May 2013
The present study was applied in nature and was carried out in a survey method. The purpose of the study was to analyze factors affecting economic prosperity of rural families in the South Khorasan province. The total population of this study was all of the rural families in that province. The information was collected through the questionnaire and was analyzed with a logistic regression model. The results indicated...
Modelling the fluctuations of Brent oil prices by a probabilistic Markov chain
May 2013
Oil is the major energy source powering the global economy. Modelling of crude oil prices has been extensively made. In this paper, we concluded that the Brent oil prices follow a Markov chain; moreover, we predict the model of fluctuating these prices from January 2004 to July 2010 by integrating the limit probability distribution of a Markov chain and Gumbel Max distribution. In this model, we analyze the trends of...
Comparing the relationship between interest rate changes in Shariah banking system of Iran and informal USA, Britain, Australia and Japan exchange rates in the Iranian economy according to the international Fisher theory
May 2013
This study has dealt with the relationship between the informal United States dollar rate and the Islamic system based interest rate of Iran and it also has compared with the informal exchange rates of Britain, Australia and Japan. The relevant data during 1991 to 2009 have been employed to compare the results. The unit root test, Dickey-Fuller, Durbin-Watson, White tests and the least-square estimate model have been...
The interaction university-business as a factor of local development: A study of oil and gas sector of Sergipe
May 2013
This paper aims to analyze the degree of interaction between companies and universities from the perspective of research groups at the university and companies in the oil and gas sector. This study examines the process of interaction through the perception of the research groups and companies in the oil and gas sector, in order to verify the benefits generated and the difficulties experienced. Questionnaire survey was...
Firms’ characteristics and forward-looking information in management commentaries of Italian listed companies
May 2013
The purpose of this paper is to investigate the association between firms’ characteristics and the level of forward-looking information in management commentaries of Italian listed companies. The firms’ characteristics investigated in the study are their size, profitability and leverage. The methodology of the study is content analysis of management commentaries of the Italian companies listed on the FTSE...
Outsourcing and Vision 2030: An analysis into Kenya’s new economic frontier
April 2013
Vision 2030 is Kenya’s new blue print that aims at transforming the country into a middle income country by the year 2030. One of the identified sectors that will catalyst the achievement of Vision 2030 is Business Process Offshoring (BPO). Thousands of jobs are expected to be created in this sector whose strength is expected to come from a well trained manpower, Information Communication Technology...
Product stage and packaging features adopted by small scale industries in Uttarakhand, India
April 2013
The development of business skills to enable the establishment and successful operation of Small scale Enterprises constitutes a major priority and pre-requisite for rapid economic growth in India. The product manufactures by small scale industries generally satisfy the need of their customers directly. A product is any want-satisfying attribute a consumer receives in exchange. The product benefits could be...
Environment CSR initiatives of manufacturing units in India – An empirical study
April 2013
Corporate social responsibility (CSR) is a concept whereby companies integrate social and environmental concerns into their business operations and in their interaction with their stakeholders on a voluntary basis. Especially, manufacturing firms in developing countries such as India the world’s 'manufacturing floors' – are under heavy scrutiny from many parties. This paper is an effort to research...
A distance consensus method to aggregate viewpoints of different stakeholders for design alternative selection
April 2013
Concept selection methods are commonly used throughout industry to determine which among several alternatives should be further developed. Choosing between different concept design alternatives is a complex task because of the presence of multiple conflicting criteria, multiple stakeholders which have diverse viewpoints, and incomplete information. A manufacturer should also pay attention to processes from the viewpoint...
A systematic analysis of group-buying website as a system and a tool
April 2013
The growing popularity and development trajectory of group-buying are comprehensively examined in this paper. We argue that group-buying, which is a new phenomenon in electronic commerce, can be analyzed from the perspective of system and technology. Using the qualitative data of group-buying websites in the USA and China, we make comparisons between various group-buying website models. Our analysis reveals that the...
A model for evaluating cloud-computing users’ satisfaction
April 2013
Cloud computing is a new discussion in enterprise information technology (IT). It is becoming popular in terms of distributed technology in some companies. It helps managers who intend to setup a business in cyberspace not to use high capital to buy computers, software and hire staff who are experts; instead, they can run their business with low cost. Cloud computing also helps users pay for their use of services...
Calculating the best cut off point using logistic regression and neural network on credit scoring problem- A case study of a commercial bank
April 2013
Credit scoring is a method used to estimate the probability of default or becoming delinquent of a loan applicant or existing borrower. There are several methods used for scoring, such as traditional statistics models like probit and logistic regression, data mining approaches and also artificial intelligence algorithms. In this paper, two high-usage methods on real data of legal customers of a commercial were used, and...
Re-examining the revival of online group buying mechanisms
April 2013
In commercial environments consumers with limited order size can aggregate their demand through a group buying mechanism allowing them to enjoy the benefits of a wholesale deal. In electronic commerce, group buying was first introduced in the late 90s. Researchers in various fields conducted studies showing the business viability of the group buying model and it was even regarded as the shopping method for the 21st...
Competition in a company’s product market and the quality of financial reporting (Evidences in Iran)
April 2013
As one of the basic components of economic growth and development in every country, the capital market is responsible for optimal allocation of capital. For the correct guidance of the decisions along the optimal allocation of capital, information has a main role and financial reports are of the most important information resources. So, in the present study, effort is on studying the effect of competition in the...
Improvement of renewable energy supply forecasts: The case of Taiwan renewable industry
April 2013
Grey theory is one of the new mathematical theories born out of the concept of the grey set. It is an effective method used to solve uncertainty problems with discrete data and incomplete information. In this paper, an improved grey GM (1, 1) model, using a technique that combines residual modification with the Markov chain model, is proposed. This paper employs the annual supply value of Taiwan renewable industry as...
Recognizing organizational variables affecting organizational health of Iranian agricultural colleges
April 2013
The aim of this study was to recognize organizational variables affecting organizational health of Iranian agricultural colleges. Organizational health has a positive role on organizational effectiveness; hence improving organizational health through management mechanisms in which some effective organizational variables were recognized and used as an important issue. This was a descriptive–analytic...
A heuristic algorithm for determining the production batch size and the idle time for minimizing makespan
April 2013
In this paper, a heuristic algorithm has been presented with the aim of determining the quantity of the best batch size for minimizing the makespan of a production system in order to meet the demands of a specified period for a product. This algorithm calculates the time required for fulfilling each of the requisite operations for producing a batch size by taking into account the standard time for fulfilling the...
Strategies for scheduling jobs in an identical parallel machine production environment
April 2013
This paper addresses an identical parallel machine environment present in industry. In such an environment, no machine can execute more than one job at the same time. Each job is characterised by a release date that reflects the instant that the processing is able to start. There are no compatibility constraints between job and machine, so that each machine can perform any job. There are no precedence constraints or...
The economy of distribution centers: The case of large retail networks in Brazil
April 2013
Large retail chains have revolutionized their logistics systems by positioning distribution centers (DC) close to urban centers. The primary objective was to be a prompt supplier for the nearby stores; another was to comply with the increasing traffic problems, which restrict the access of large trucks to urban retailers, while the last objective would be associated with a broader spectrum of reasons, called...
Profitability and resource-use efficiency in poultry egg farming in Ogun State, Nigeria
April 2013
Profit maximization which is one of the common objectives of business enterprises is grossly dependent on how best productive resources are harnessed. In the light of this, this study was carried out to determine the profitability and resource use efficiency of poultry egg farmers in Ogun State, Nigeria. Primary data were obtained with the aid of structured questionnaire from a cross section survey of 120 farmers drawn...
Strategic management practices and corporate entrepreneurship: A cluster analysis of financial and business services firms in South Africa
April 2013
As emerging economies become more market-based, it is necessary for reformed enterprises to undergo an entrepreneurial transformation at the organizational level in order to adapt to the transitioning institutional environment and maintain competitiveness in both local and global markets. This study combines the research domains of strategic management and corporate innovation by examining the impact of strategic...
Impact of work and family involvement on work-family conflict of non professional Igbo Nigerian employees
April 2013
This study aimed at examining the impact of work and family involvement in work-family conflict. Two hundred self selected non professional Igbo workers (95 males and 125 females) participated in the study. Carlson, Kacmar and William’s 18-item work-family conflict scale was used to assess workers’ experience of work-family conflict. In addition, Job involvement and family involvement questionnaires were...
Microfinancing in Pakistan: Growth prospects and poverty reduction strategy
April 2013
Microfinance institutions (MFIs) are globally considered as a distinctly effective way to make the living standard of the people better. The purpose of conducting this research study is to investigate the growth prospects of microfinance programs in Pakistan to eradicate poverty. The microfinance program has been operative in Pakistan since October 1972 in one form or the other. It was first launched by the then...
Factors responsible for the rising trend in teenagers’ online purchases
April 2013
Previously, the field of e-commerce was only interested in doing business with organizations and adults. However, recently online business owners started to focus on teenagers because the numbers of teenagers that go online increases day by day. If compared to adults, teens usually spend much more time using the internet. Thus, the website designers started to focus on designing e-shopping portals for teenagers. Teens...
A study on the effect of intellectual capital and organizational learning process on organizational performance
April 2013
Today, the nature of business is facing some important and critical challenges and changes that have changed organizations' economic activities greatly. Issues such as competition expansion, advances in information technology, the changes to organizational structures, and economic units' attempt to land on a pioneer rank have made continuous improvement of organizational performance inevitable....
Indonesian small medium enterprises (SMEs) and perceptions on Halal food certification
April 2013
This paper reports on a study of entrepreneurs of small medium enterprises (SMEs) in food business in Indonesia and their perception of the halal certification process as currently adopted by Indonesia. A total of 102 usable questionnaires were analysed using SPSS to search for the mean score for each of the information on Halal certification process (HFC 1 to HFC 3). HFC 1 was regarding their perceptions towards market...
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