April 2012
Unbalanced growth and dependency theory in Zambia: A post-independence survey
This paper outlines the trajectory that Zambia’s economic development followed after the country’s independence in 1964 up until the full onset of privatization in 2000. This is presented in terms of both dependency theory and Hirschman’s ‘unbalanced growth theory’. After providing a brief overview of Zambia’s economic history, the article argues that Zambia’s undue reliance on...
April 2012
Risk management of structured notes
Structured notes have become a focus of controversy lately, due to the much-publicized losses sustained by investors who were caught off guard by the reversal in the trend of interest rates. Since structured notes are relatively new and not as well known as other, more traditional, investment options in the past few years, it is important that people should be educated about this instrument. This paper will introduce...
April 2012
Corporate social responsibility in changing markets: New mechanisms and newer initiatives
In the ever changing global marketing scenario, coping up with corporate social responsibility (CSR) practices and company’s business practices is becoming the need of the hour but it is difficult to maintain the balance between these two. With the market ups and downs, corporate organizations have to be prepared for the consequences, and a balanced approach is required to support CSR and its integration into...
April 2012
Impact of Decision Making, Resistance, Transparency on Social Issues in Management
This paper focuses on the influence of decision-making, resistance, and transparency on social issues related to the eastern culture. The outcomes demonstrate that the western model when applied in Pakistan shows almost the same outcome as in western society, the only concerned is the transparency related to the eastern culture. The norms, values prevailing in the eastern culture have their own way to consider the...
April 2012
Exploring an innovative model of corporate reform using the system dynamics approach
This present study conducted a systematic thinking-based qualitative analysis, using simulation-oriented quantitative method to examine the causal loops of corporate reform. A reform strategy shall incorporate innovative value proposals to create extra revenues while expanding the potential of profit growth. The essential part of such a strategy, nevertheless, is to deliver as soon as possible the features and...
April 2012
A new scheme for investigating any effects of credit and exchange risk on stock price returns
The main purpose of this research is to develop a localized model of credit risk management, exchange rate risk and price fluctuations in previous stock price by the use of GARCH approach as a family model. Then, we studied all effects of earlier mentioned variables on stock price return in order to find out any behavior of stock price as well. The mentioned procedure may enable us to have a clear understanding about...
April 2012
Benefits of advanced manufacturing technologies
There are important benefits related to advanced manufacturing technologies (AMT) and their competitiveness. However, enterprises might not decide to invest in AMT because the benefits are questionable, because there is evidence in literature as in plants all around the world that benefits are less than expected. The purpose of this project was to collect evidence of AMT benefits and through the literature review...
April 2012
Knowledge sharing for stimulating learning environment in institutions of higher technical education
The educational institutions all over the world are witnessing fast, radical and even revolutionary changes. Changes in the socio-economic and cultural framework, commensurate with recent trends in liberalization and globalization, have resulted in a transition in the very paradigm of teaching and learning. The institutions of higher technical education (IHTE) are faced with demands for greater responsiveness and...
April 2012
Effective elements on e-health deployment in Iran
The structural features of Iran’s health system obligate the development of information technology in medical field and design of an effective e-health system. Due to the importance of this issue, the current study was performed to identify the effective elements on e-health deployment in order to codify a comprehensive plan for Iran. The practical, descriptive-comparative study was conducted using...
April 2012
Moderating effect of Information technology (IT) capability on the relationship between business process reengineering factors and organizational performance of Bank
The increasing competitive pressure as a result of technological development, globalization, changing customer demand led to survival challenges of many banks in the developing countries and demanded for improvement in quality customer service and speed to enhance profitability performance and cost reduction. This study is aim to examine the moderating effects of information technology (IT) capability on the...
April 2012
Study of Sino-US economic game and joint development
Nowadays, the economic relations between China and America have been one of the most important bilateral economic relations, which have a great impact on two countries’ economy as well as the whole world. If the economic games between China and America are favorable, it will be beneficial to both countries. Otherwise, it will harm both of them. Under such circumstance, the paper focuses on economic games between...
April 2012
Data envelopment analysis (DEA) based performance evaluation system for investment companies: Case study of Tehran Stock Exchange
An investment company is a company that invests money on behalf of its shareholders who are participant in profits and losses. Therefore, appraisal of performance of such companies is most important for related investors. As we know, data envelopment analysis (DEA) is a nonparametric method that measures the relationship between produced outputs and consumed inputs and determines an efficiency score and has been widely...
April 2012
Materialism, status consumption and consumer ethnocentrism amongst black generation Y students in South Africa
The purpose of this study was to investigate the extent to which black Generation Y students’ exhibit status consumption, materialism and consumer ethnocentrism tendencies, and the relationship between these three constructs. The black Generation Y cohort (individuals born between 1980 and 1994) represents a large percentage of the South African market, and those enrolled at tertiary institutions constitute a...
April 2012
A case study on the relation of organizational culture and knowledge management practices (knowledge creation)
Nowadays, following many studies carried out on the importance of intellectual capital, it has been broadly taken into account as a vital capital by organizations implementing knowledge management consequently. Nevertheless, knowledge management on which underlying organizational culture has an extremely huge impact has been implemented by organizations often with the impact being underestimated which may as a result,...
April 2012
How to affect housing values: Location, affordability and amenity
During the last ten years, real house prices have increased in China at a rate faster than inflation and job compensation. It is now a conventional wisdom that location, affordability and amenity increase housing values in the neighborhoods and communities they inhabit. But, few existing studies deal with it. This paper aims to report on a study that contributes to the understanding of the roles of location,...
April 2012
Success and failure of government-funded businesses: Evidence from a selected entrepreneurial entity in South Africa
This paper reports on the findings relating to factors leading to the success of government-funded businesses. Experience and management skills remain vital in the entrepreneurial intentions. A qualitative approach was followed in this specific study. Data were obtained through purposive sampling by way of semi-structured interviews with the managing director and production manager of the selected business. Empirical...
April 2012
A statistical, epidemiological and financial health approach to the retail trade sector in Colombia
A combined model of health, risk and financial analysis was applied to the economic sector of retail trade. The financial statements of 2238 companies, in Colombia, were sorted out into healthy and sick clusters, by items of cash at end of period, profit and loss and equity, in a cluster analysis. A cutoff point for the items of the financial statements to discriminate between healthy and sick companies was computed....
April 2012
A case study of control strategy based on intellectual capital management
Determining and managing intellectual capital has become a key objective in organisations in order to ascertain its value and gain competitive advantages. In this paper, we develop a tool used on a sample of companies that makes possible to estimate, predict and manage this capital. We started with a disaggregated model of intellectual capital and used subjective and objective indicators to measure its components. Then,...
April 2012
Event and brand image transfer in multiple fair sponsorship
This study is aimed to form a conceptual structure to a multiple activity sponsorship. Multiple sponsorship is the sponsorship of several brands for an event. This paper claims that multiple sponsorship affects the image of each sponsor brand. Also, it claims that if more than one brand sponsors the same event, these brands are perceived as a single body. The examination of the questions about the intensity of the...
April 2012
Relationship non-executive board and ownership concentration with corporate bankruptcy
This study investigates the impact of some components of corporate governance on bankruptcy of the companies. In this respect, the companies listed on Tehran Stock Exchange have been studied. They were 95 companies which have been selected through randomly method. The time period of the study was from 2008 to 2010. This empirical research is based on financial statements in which regression and F tests...
April 2012
Information asymmetry and risk factors for stock returns in a post-communist transition economy: Empirical proof of the inefficiency of the Romanian stock market
The purpose of this study is to investigate various forms of market efficiency on Bucharest stock exchange. Using monthly data for a six years period (2002 to 2008) for 60 companies listed on the Romanian stock market, the study investigated the empirical validity of Fama’s (1970) efficient market hypothesis (EMH) in two directions: first, the relationship between stock returns and company-specific financial...
April 2012
Motivators, prohibitors and outcomes of social networking site user’s behavior
Social networking sites are prevalent hedonic platforms on the internet. Thus, investigating how familiarity, privacy concerns and trust affect interactions on social networking sites is important. This study surveyed college students who use Facebook, the Internet’s most used social networking site. Perceptions of familiarity, trust and privacy concerns, along with a willingness to share information and develop...
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