When a company chooses to have another firm perform a business process or service that is part of the companyâ € ™ s value chain this is called?

When a company chooses to have another firm perform a business process or service that is part of the companyâ € ™ s value chain this is called?

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Sample records for research company estimates

  1. A research company in transition

    International Nuclear Information System (INIS)

    Hatcher, S.R.

    1989-01-01

    The role of Atomic Energy of Canada Ltd's Research Company is to perform the research, development, demonstration and marketing needed to apply nuclear sciences and their associated technologies for the maximum benefit of Canada. This article by its president, Dr S R Hatcher, describes the Research Company as it attempts to fulfil its mission in very altered circumstances. (Author)

  2. STAFF AND COMPANY VALUE MANAGEMENT ON THE BASIS OF HUMAN CAPITAL ESTIMATION

    Directory of Open Access Journals (Sweden)

    Dokukina S. M.

    2014-09-01

    Full Text Available The statement «the main asset of any company is its staff» has already become axiomatic. People is the only competitive advantage the companies have now, although for many years the possession of technologies is considered as a competitive advantage. The article covers essential questions connecting with staff management to executive strategy of value based management. The problems connected with the estimation of human capital as long-term factor of the company’s value growth are described. However one can implement in practice only in condition that it may be estimated or measured. The author puts forth his conception of the technique of human capital estimation. Approaches and methods of the estimation of human capital of company are systematized and described. The estimation of human capital elements allows to find out the potential of this intangible asset in order to increase the value of company.

  3. Market research companies and new product development tools

    NARCIS (Netherlands)

    Nijssen, Edwin J.; Frambach, Ruud T.

    1998-01-01

    This research investigates (1) the share of new product development (NPD) research services in market research (MR) companies' turnover, (2) MR companies' awareness and use of NPD tools and the modifications made to these NPD tools, and (3) MR company managers' perceptions of the influence of client

  4. RESEARCH ON OBTAINING AND USING MARKETING INFORMATION IN COMMERCE COMPANIES

    Directory of Open Access Journals (Sweden)

    Simona BALASESCU

    2008-01-01

    Full Text Available The present paper focuses on the issue of using marketing instruments(concepts, policies, strategies, research etc. in commerce companies inBrasov. The research is about identifying the marketing instruments that areused in the activity of the commerce companies in Brasov and it underlinesthe peculiarities of marketing in commerce companies. The informationobtained contributes to a better understanding of the way marketing activityworks in commerce companies in Brasov. The method used to identify theattitudes and opinions of commerce companies’ managers in Brasov,regarding collecting and using marketing information, is the focus group. Thepaper ends with the conclusions of this research at the level of a single city –Brasov.

  5. Changing R&D models in research-based pharmaceutical companies.

    Science.gov (United States)

    Schuhmacher, Alexander; Gassmann, Oliver; Hinder, Markus

    2016-04-27

    New drugs serving unmet medical needs are one of the key value drivers of research-based pharmaceutical companies. The efficiency of research and development (R&D), defined as the successful approval and launch of new medicines (output) in the rate of the monetary investments required for R&D (input), has declined since decades. We aimed to identify, analyze and describe the factors that impact the R&D efficiency. Based on publicly available information, we reviewed the R&D models of major research-based pharmaceutical companies and analyzed the key challenges and success factors of a sustainable R&D output. We calculated that the R&D efficiencies of major research-based pharmaceutical companies were in the range of USD 3.2-32.3 billion (2006-2014). As these numbers challenge the model of an innovation-driven pharmaceutical industry, we analyzed the concepts that companies are following to increase their R&D efficiencies: (A) Activities to reduce portfolio and project risk, (B) activities to reduce R&D costs, and (C) activities to increase the innovation potential. While category A comprises measures such as portfolio management and licensing, measures grouped in category B are outsourcing and risk-sharing in late-stage development. Companies made diverse steps to increase their innovation potential and open innovation, exemplified by open source, innovation centers, or crowdsourcing, plays a key role in doing so. In conclusion, research-based pharmaceutical companies need to be aware of the key factors, which impact the rate of innovation, R&D cost and probability of success. Depending on their company strategy and their R&D set-up they can opt for one of the following open innovators: knowledge creator, knowledge integrator or knowledge leverager.

  6. Locational conditions, cooperation, and innovativeness: evidence from research and company spin-offs

    OpenAIRE

    Lejpras, Anna; Stephan, Andreas

    2008-01-01

    This paper has two goals. First, it analyzes the extent to which the innovativeness of spin-offs, either born from a research facility or from another company, is influenced by locational conditions. Second, it provides evidence on how important local cooperation links are in comparison to nonlocal ones. Using a sample of approximately 1,500 East German firms from knowledge-intensive sectors, we estimate a structural equation model applying the partial least squares method. We find that proxi...

  7. Business Communication Consulting and Research in Multinational Companies.

    Science.gov (United States)

    Hildebrandt, Herbert W.

    1978-01-01

    Describes three issues involved in communication research and consulting for multinational companies, particularly those in Germany: qualifications for doing international consulting and research, problems of American scholar-researchers in those firms, and suggestions for dealing with those issues. (JMF)

  8. Market research companies and new product development tools

    NARCIS (Netherlands)

    Nijssen, E.J.; Frambach, R.T.

    1998-01-01

    This research investigates (1) the share of new product development (NPD) research services in market research (MR) companies’ turnover, (2) MR companies’ awareness and use of NPD tools and the modifications made to these NPD tools, and (3) MR company managers’ perceptions of the influence of client

  9. Academic research – a catalyst for the innovation process within companies in Romania

    Directory of Open Access Journals (Sweden)

    Rodica Pamfilie

    2014-08-01

    Full Text Available Current economic developments make the use of scientific resources, especially academic research, to be no longer just an option for companies wanting to remain competitive, but a necessity. This statement is based on the research conducted by the authors during the last three years on the companies` performance in Romania regarding the results of the innovation process and capitalization on scientific resources in order to improve this vital process. To achieve this, a mechanism should be created, through which key players in the market - companies, universities, research institutes and government - could work together towards the common goal of economic growth. This mechanism would help companies move beyond incremental innovation by using knowledge generated by universities or research institutes. This can be achieved with the support of the governmental environment, by adopting policies and creating a general favourable climate for research and by fostering its integration among companies. This paper presents an analysis of the degree to which companies in Romania use the results of academic research when developing new products or services. Among the identified issues we include the Romanian companies’ tendency to perform individual research and development projects, though their frequency is quite low given the difficulties in successfully delivering them to the market. The research shows the importance of using academic research when moving beyond incremental improvements and developing the innovation processes within the company. The prospect of a future model of the university as a knowledge and innovation hub of can significantly contribute to the capitalization of academic research by companies in order to develop sustainable businesses.

  10. Gore offers to help drug companies pursue research.

    Science.gov (United States)

    1996-03-08

    A meeting convened between Vice President Al Gore and executives of leading pharmaceutical companies to determine means of accelerating efforts to develop vaccines, therapeutics, and microbicides for people with HIV. Gore explained that the administration will work with pharmaceutical companies to determine the long-term effectiveness of drugs approved by the Food and Drug Administration (FDA), work with international groups to increase investment in vaccine development, help develop new microbicides for women with HIV, and identify promising areas of AIDS research. According to advocates, the Clinton Administration has made great strides in improving and accelerating the FDA's drug approval process. The next goal of the pharmaceutical research agenda should be to include consumer advocates in the decision-making process.

  11. Cost of Equity Estimation in Fuel and Energy Sector Companies Based on CAPM

    Science.gov (United States)

    Kozieł, Diana; Pawłowski, Stanisław; Kustra, Arkadiusz

    2018-03-01

    The article presents cost of equity estimation of capital groups from the fuel and energy sector, listed at the Warsaw Stock Exchange, based on the Capital Asset Pricing Model (CAPM). The objective of the article was to perform a valuation of equity with the application of CAPM, based on actual financial data and stock exchange data and to carry out a sensitivity analysis of such cost, depending on the financing structure of the entity. The objective of the article formulated in this manner has determined its' structure. It focuses on presentation of substantive analyses related to the core of equity and methods of estimating its' costs, with special attention given to the CAPM. In the practical section, estimation of cost was performed according to the CAPM methodology, based on the example of leading fuel and energy companies, such as Tauron GE and PGE. Simultaneously, sensitivity analysis of such cost was performed depending on the structure of financing the company's operation.

  12. 77 FR 35060 - Pfizer Therapeutic Research, Formerly Known as Warner Lambert Company, Pfizer Worldwide Research...

    Science.gov (United States)

    2012-06-12

    ... Research, Formerly Known as Warner Lambert Company, Pfizer Worldwide Research & Development Division... December 2, 2011, applicable to workers of Pfizer Therapeutic Research, Pfizer Worldwide Research... Worldwide Research & Development Division, Antibacterial Research Unit, Pharmacokinetics, Dynamics and...

  13. RESEARCHES REGARDING THE ONLINE PRESENCE OF THE BIHOR COUNTY COMPANIES

    Directory of Open Access Journals (Sweden)

    Mares Marius Daniel

    2012-07-01

    Full Text Available In this paper is presented a survey of companies’ websites in Bihor county. The study aims at local companies whose scope of activity allows them to interact with the end-users – individuals and whose presence in the virtual environment is ensured by websites. Companies that own a website use it for different purposes: to communicate to the users information about the company, to promote its products and services offered, to offer potential clients the opportunity to purchase these products online, to interact with their clients. The website of a company ensure its constant presence and can be used as an instrument in the marketing strategy, as a meaning of identity development or growth of the brand exposure, as a support for relationships with potential buyers or as a way of achieving market research. But for the website to fulfill the purpose for which it was made it must give the needed importance to certain aspects. Research carried out reveals an intensified concern of the companies for creating their own websites, for communicating with potential clients from the virtual environment, but they do not give importance to issues related to updating the information, structure, appearance, purpose sites. Most companies use the website mainly for information. They give little importance to promotion, yet not realizing the benefits they might have. Less than one third of the websites analyzed offers the possibility of online orders.

  14. The Research Administrator's Responsibility for Buying from Minority-Owned Companies.

    Science.gov (United States)

    Shaffer, Lyle E.

    1979-01-01

    The author, the president of Amoco Venture Capital Company, a subsidiary of Standard Oil Company of Indiana designed to promote minority purchasing and finance minority enterprise, describes his program and the national program to promote minority enterprise. Ways that research administrators can develop minority sources for laboratory needs are…

  15. Eli Lilly and Company's bioethics framework for human biomedical research.

    Science.gov (United States)

    Van Campen, Luann E; Therasse, Donald G; Klopfenstein, Mitchell; Levine, Robert J

    2015-11-01

    Current ethics and good clinical practice guidelines address various aspects of pharmaceutical research and development, but do not comprehensively address the bioethical responsibilities of sponsors. To fill this void, in 2010 Eli Lilly and Company developed and implemented a Bioethics Framework for Human Biomedical Research to guide ethical decisions. (See our companion article that describes how the framework was developed and implemented and provides a critique of its usefulness and limitations.) This paper presents the actual framework that serves as a company resource for employee education and bioethics deliberations. The framework consists of four basic ethical principles and 13 essential elements for ethical human biomedical research and resides within the context of our company's mission, vision and values. For each component of the framework, we provide a high-level overview followed by a detailed description with cross-references to relevant well regarded guidance documents. The principles and guidance described should be familiar to those acquainted with research ethics. Therefore the novelty of the framework lies not in the foundational concepts presented as much as the attempt to specify and compile a sponsor's bioethical responsibilities to multiple stakeholders into one resource. When such a framework is employed, it can serve as a bioethical foundation to inform decisions and actions throughout clinical planning, trial design, study implementation and closeout, as well as to inform company positions on bioethical issues. The framework is, therefore, a useful tool for translating ethical aspirations into action - to help ensure pharmaceutical human biomedical research is conducted in a manner that aligns with consensus ethics principles, as well as a sponsor's core values.

  16. Company Strategies for Responsible Research and Innovation (RRI): A Conceptual Model

    NARCIS (Netherlands)

    Klaassen, P.; van de Poel, Ibo; Asveld, Lotte; Flipse, Steven; Scholten, Victor; Yaghmaei, Emad

    2017-01-01

    Responsible research and innovation (RRI) has become an important topic in the academic community and in policy circles, but it has not yet been systematically included in the innovation process of companies. We discuss how companies can integrate RRI into their corporate social responsibility (CSR)

  17. Company strategies for responsible research and innovation (RRI) : A conceptual model

    NARCIS (Netherlands)

    van de Poel, I.R.; Asveld, L.; Flipse, S.M.; Klaassen, Pim; Scholten, V.E.; Yaghmaei, E.

    2017-01-01

    Responsible research and innovation (RRI) has become an important topic in the academic community and in policy circles, but it has not yet been systematically included in the innovation process of companies. We discuss how companies can integrate RRI into their corporate social responsibility

  18. Company strategies for responsible research and innovation (RRI): A conceptual model

    OpenAIRE

    van de Poel, I.R.; Asveld, L.; Flipse, S.M.; Klaassen, Pim; Scholten, V.E.; Yaghmaei, E.

    2017-01-01

    Responsible research and innovation (RRI) has become an important topic in the academic community and in policy circles, but it has not yet been systematically included in the innovation process of companies. We discuss how companies can integrate RRI into their corporate social responsibility (CSR) policies and business strategy. To this end, we developed a conceptual model that links a company's RRI strategy to its context, and that helps to translate the RRI strategy into activities that r...

  19. Company Strategies for Responsible Research and Innovation (RRI: A Conceptual Model

    Directory of Open Access Journals (Sweden)

    Ibo van de Poel

    2017-11-01

    Full Text Available Responsible research and innovation (RRI has become an important topic in the academic community and in policy circles, but it has not yet been systematically included in the innovation process of companies. We discuss how companies can integrate RRI into their corporate social responsibility (CSR policies and business strategy. To this end, we developed a conceptual model that links a company’s RRI strategy to its context, and that helps to translate the RRI strategy into activities that result in RRI outcomes. We also propose a process for developing company-specific RRI key performance indicators (KPIs that can support companies to measure RRI outcomes.

  20. INDUSTRY-UNIVERSITY COLLABORATION FROM THE POINT OF VIEW OF COMPANIES AS RESEARCH CUSTOMERS

    DEFF Research Database (Denmark)

    Gerstlberger, Wolfgang; Kesting, Tobias

    With regard to the increasing competitive situation in many industries due to continuous globalisation, companies more and more have to take into account external research support in order to maintain or even improve their competitiveness. In order to gain new and more detailed insights...... provide the core for a proposed segmentation framework concept for universities as suppliers on research markets. Following this idea, combined with the theoretical framework of market segmentation and transferring the customer segmentation approach to research markets, our paper gives concrete managerial...... into the actual experiences and perceived benefits of companies cooperating with universities and other external research institutions concerning particularly innovation-related support like product or prototype development, we conducted a transnational empirical survey in 2009. It addressed companies from...

  1. A model of bussiness research skill s from university, company and state in colombia

    Directory of Open Access Journals (Sweden)

    Jahir Alexander Gutiérrez Ossa

    2015-07-01

    Full Text Available The article aims to provide a model of research skills for companies (business people and professionals in the relationship University, COMPANY and State (UCS in Colombia. The triad’s performance requires an in-depth analysis of the link of business sector to research bodies. Systemic analysis helps to establish the organic composition of each actor in the relationship. It is necessary to expand the analysis about how actors perceive UCS relationship, evaluate the potential role of companies in the performance of the triad, and propose a model of business research skills. Each actor must deepen knowledge and integrate the role of research on that agreement.

  2. Development of the businesses through the companies for market research

    Directory of Open Access Journals (Sweden)

    Agim Zuzaku

    2015-03-01

    Full Text Available Market research as the main part of the marketing is very important for the development of businesses as well as for the opportunity in the creation new jobs. The purpose of this paper is to provide the incentives for the businesses to conduct market research while justifying that the market research is an important factor in the decision making process of the businesses and it impacts the development of their business activities by creating a safe decision-making through market research. In order to convert successfully any business ideas with high capital incomes, it is important for the companies to understand and to determine the right value of their investment. For this particular reason, it is important to address the thesis about how the investment in the market research proves the usefulness or the profit for the company. Nowadays, the market research is not only conducted to gather the information about the market and the collection of data. However, very often it is used even to assist in the identification of the opportunities for the future (this has been referred several times as “market research” ‘to point out the difference from’ data collection’. Market research is priceless in the creation process of the new products, services, brands or advertisements (Keegan, 2009. In the case of Kosovo, market research has found very limited room within the strategies for business development. According to the Kosovo Statistics Agency, during 2013, a total of 9421 enterprises have been registered, whereas in total 1508 enterprises or 16 % of the enterprises registered in 2013 have closed (Kosovo Statistics Agency, 2014. In the framework of this research, we have performed a research with the companies that provide services for market research in order to find out how a market research in Kosovo is conducted and in case the number of market research is increased, how much would it impact the creation of new jobs.

  3. Discussion of nuclear science and technology information base on serving our company scientific research

    International Nuclear Information System (INIS)

    Wang Zhong; Liu Wenbin

    2010-01-01

    In the eleventh five-year, our company scientific research have a long way to go and preparatory work of commercial reprocessing has startup under digital information society. Fundamental change of existing content, model of nuclear science and technology information occurred to fit for new situation and new environment, and in order to service for our company scientific research. In this paper, we discuss the development of new services that fits for our company science and technology information. (authors)

  4. Research into the evaluation of PR activities in companies from Serbia

    Directory of Open Access Journals (Sweden)

    Milan Nikolic

    2016-04-01

    Full Text Available This paper presents the results of a research into the volume, type and quality of the evaluation of public relations activities in companies in Serbia. The survey was conducted via a web survey. The responses were collected from 50 PR service managers from 50 companies in Serbia. The results are presented through descriptive statistics and correlation analysis where some of the observed sizes of the connection were analyzed. The main conclusions can be summarized as follows: PR functions are often not assigned sufficient importance in companies in Serbia; the evaluation of PR activity is slightly neglected compared to other PR activities; intensive and continuous evaluation of the performances of PR activities increases the likelihood of the complete PR function of the company being successful; companies that are not so successful use evaluation less than successful companies; the evaluation of PR activities is mostly done through a method for measuring quantity; the main problems in the evaluation of PR activities are lack of time and money. The evaluation of PR activities in companies in Serbia can be improved through a greater understanding on the part of top managers, and also by hiring additional PR practitioners.

  5. Who Has Used Internal Company Documents for Biomedical and Public Health Research and Where Did They Find Them?

    OpenAIRE

    Wieland, L. Susan; Rutkow, Lainie; Vedula, S. Swaroop; Kaufmann, Christopher N.; Rosman, Lori M.; Twose, Claire; Mahendraratnam, Nirosha; Dickersin, Kay

    2014-01-01

    OBJECTIVE: To describe the sources of internal company documents used in public health and healthcare research. METHODS: We searched PubMed and Embase for articles using internal company documents to address a research question about a health-related topic. Our primary interest was where authors obtained internal company documents for their research. We also extracted information on type of company, type of research question, type of internal documents, and funding source. RESULTS: Our search...

  6. Contribution of company affiliation and social contacts to risk estimates of between-farm transmission of avian influenza.

    Science.gov (United States)

    Leibler, Jessica H; Carone, Marco; Silbergeld, Ellen K

    2010-03-25

    Models of between-farm transmission of pathogens have identified service vehicles and social groups as risk factors mediating the spread of infection. Because of high levels of economic organization in much of the poultry industry, we examined the importance of company affiliation, as distinct from social contacts, in a model of the potential spread of avian influenza among broiler poultry farms in a poultry-dense region in the United States. The contribution of company affiliation to risk of between-farm disease transmission has not been previously studied. We obtained data on the nature and frequency of business and social contacts through a national survey of broiler poultry growers in the United States. Daily rates of contact were estimated using Monte Carlo analysis. Stochastic modeling techniques were used to estimate the exposure risk posed by a single infectious farm to other farms in the region and relative risk of exposure for farms under different scenarios. The mean daily rate of vehicular contact was 0.82 vehicles/day. The magnitude of exposure risk ranged from company affiliation, with farms in the same company group as the index farm facing as much as a 5-fold increase in risk compared to farms contracted with different companies. Employment of part-time workers contributed to significant increases in risk in most scenarios, notably for farms who hired day-laborers. Social visits were significantly less important in determining risk. Biosecurity interventions should be based on information on industry structure and company affiliation, and include part-time workers as potentially unrecognized sources of viral transmission. Modeling efforts to understand pathogen transmission in the context of industrial food animal production should consider company affiliation in addition to geospatial factors and pathogen characteristics. Restriction of social contacts among farmers may be less useful in reducing between-farm transmission.

  7. Who has used internal company documents for biomedical and public health research and where did they find them?

    Science.gov (United States)

    Wieland, L Susan; Rutkow, Lainie; Vedula, S Swaroop; Kaufmann, Christopher N; Rosman, Lori M; Twose, Claire; Mahendraratnam, Nirosha; Dickersin, Kay

    2014-01-01

    To describe the sources of internal company documents used in public health and healthcare research. We searched PubMed and Embase for articles using internal company documents to address a research question about a health-related topic. Our primary interest was where authors obtained internal company documents for their research. We also extracted information on type of company, type of research question, type of internal documents, and funding source. Our searches identified 9,305 citations of which 357 were eligible. Scanning of reference lists and consultation with colleagues identified 4 additional articles, resulting in 361 included articles. Most articles examined internal tobacco company documents (325/361; 90%). Articles using documents from pharmaceutical companies (20/361; 6%) were the next most common. Tobacco articles used documents from repositories; pharmaceutical documents were from a range of sources. Most included articles relied upon internal company documents obtained through litigation (350/361; 97%). The research questions posed were primarily about company strategies to promote or position the company and its products (326/361; 90%). Most articles (346/361; 96%) used information from miscellaneous documents such as memos or letters, or from unspecified types of documents. When explicit information about study funding was provided (290/361 articles), the most common source was the US-based National Cancer Institute. We developed an alternative and more sensitive search targeted at identifying additional research articles using internal pharmaceutical company documents, but the search retrieved an impractical number of citations for review. Internal company documents provide an excellent source of information on health topics (e.g., corporate behavior, study data) exemplified by articles based on tobacco industry documents. Pharmaceutical and other industry documents appear to have been less used for research, indicating a need for funding for

  8. Value-centric business development: descriptive and prescriptive research into five different companies

    DEFF Research Database (Denmark)

    Kukushkin, Merili; Otto, Tauno; Howard, Thomas J.

    2015-01-01

    The companies that discover changes and possibilities within the value system first and make use of them are considered to be prime movers and often are more successful than those who adapt late. Research has been done on multiple levels for understanding value-centric business from a practical......, and results involved in both the descriptive and the prescriptive phases of the research....... perspective as well as from a theoretical perspective. In the first stage of the research (Descriptive Study 1), practical experience and knowledge were gained simultaneously from a case company and from literature-based case analysis. As output of a prescriptive study, a specification of a proactive value...

  9. Financial Performance Bank BNI Syariah Company

    Directory of Open Access Journals (Sweden)

    Diana Widhi Rachmawati

    2018-05-01

    Full Text Available ABSTRACT PT Bank BNI Syariah, one of them working are a big banking company is almost covering all over the country until now looked at  pretty good company asset which are owned, so author conduct research in the title “Financial Performance PT Bank BNI Syariah in Solvability Ratio”. Financial Statement Analysis is aplication from tools and technical analysis financial report general aim and data to be related and estimation produce useful conclutions in business analysis. Financial Performance Analysis research used analysis methode is solvability ratio. General aim to give information finance performance PT Bank BNI Syariah development.  Special goals is finance performance PT Bank BNI Syariah from Solvability Ratio”. This Sample is: PT Bank BNI Syariah. Final result which is research obtained it says finance performance  PT Bank BNI Syariah from Solvability Ratio quite solvable, because this three point inside it contained increased.  This development hope PT Bank BNI Syariah, to be remain consistent with trying to do breakthrough a company goals   Key Words  :  Financial Performance PT Bank BNI Syariah

  10. Who has used internal company documents for biomedical and public health research and where did they find them?

    Directory of Open Access Journals (Sweden)

    L Susan Wieland

    Full Text Available OBJECTIVE: To describe the sources of internal company documents used in public health and healthcare research. METHODS: We searched PubMed and Embase for articles using internal company documents to address a research question about a health-related topic. Our primary interest was where authors obtained internal company documents for their research. We also extracted information on type of company, type of research question, type of internal documents, and funding source. RESULTS: Our searches identified 9,305 citations of which 357 were eligible. Scanning of reference lists and consultation with colleagues identified 4 additional articles, resulting in 361 included articles. Most articles examined internal tobacco company documents (325/361; 90%. Articles using documents from pharmaceutical companies (20/361; 6% were the next most common. Tobacco articles used documents from repositories; pharmaceutical documents were from a range of sources. Most included articles relied upon internal company documents obtained through litigation (350/361; 97%. The research questions posed were primarily about company strategies to promote or position the company and its products (326/361; 90%. Most articles (346/361; 96% used information from miscellaneous documents such as memos or letters, or from unspecified types of documents. When explicit information about study funding was provided (290/361 articles, the most common source was the US-based National Cancer Institute. We developed an alternative and more sensitive search targeted at identifying additional research articles using internal pharmaceutical company documents, but the search retrieved an impractical number of citations for review. CONCLUSIONS: Internal company documents provide an excellent source of information on health topics (e.g., corporate behavior, study data exemplified by articles based on tobacco industry documents. Pharmaceutical and other industry documents appear to have been

  11. Company Strategies for Responsible Research and Innovation (RRI): A Conceptual Model

    OpenAIRE

    Klaassen, P.; van de Poel, Ibo; Asveld, Lotte; Flipse, Steven; Scholten, Victor; Yaghmaei, Emad

    2017-01-01

    Responsible research and innovation (RRI) has become an important topic in the academic community and in policy circles, but it has not yet been systematically included in the innovation process of companies. We discuss how companies can integrate RRI into their corporate social responsibility (CSR) policies and business strategy. To this end, we developed a conceptual model that links a company’s RRI strategy to its context, and that helps to translate the RRI strategy into activities that r...

  12. Pharmaceutical company spending on research and development and promotion in Canada, 2013-2016: a cohort analysis.

    Science.gov (United States)

    Lexchin, Joel

    2018-01-01

    Competing claims are made about the amount of money that pharmaceutical companies spend on research and development (R&D) versus promotion. This study investigates this question in the Canadian context. Two methods for determining industry-wide figures for spending on promotion were employed. First, total industry spending on detailing and journal advertising for 2013-2016 was abstracted from reports from QuintilesIMS. Second, the mean total promotion spending for the years 2002-2005 was used to estimate total spending for 2013-2016. Total industry spending on R&D came from the Patented Medicine Prices Review Board (PMPRB). R&D to promotion spending using each method of determining the amount spent on promotion was compared for 2013-2016 inclusive. Data on the 50 top promoted drugs, the amounts spent, the companies marketing these products and their overall sales were abstracted from the QuintilesIMS reports. Spending on R&D and promotion as a percent of sales was compared for these companies. Industry wide, the ratio of R&D to promotion spending went from 1.43 to 2.18 when promotion was defined as the amount spent on detailing and journal advertising for the 50 most promoted drugs. Calculating total promotion spending from the mean of the 2002-2005 figures the ratio was 0.88 to 1.32 for the 50 most promoted drugs. For individual companies marketing one or more of the 50 most promoted drugs, mean R&D spending ranged from 3.7% of sales to 4.1% compared to mean promotion spending that went from 1.7 to 1.9%. The ratio of spending on R&D to promotion varied from 2.11 to 2.32. Eight to 10 companies per year spent more on promotion than on R&D. Depending on the method used to determine promotion spending, industry-wide the ratio of R&D spending to promotion ranges from 1.45 to 2.18 (sales representatives and journal advertising only) or from 0.88 to 1.32 (total promotion spending estimated based 2003-2005 data.) For the individual companies promoting one or more of the

  13. Changing R&D models in research-based pharmaceutical companies

    OpenAIRE

    Schuhmacher, Alexander; Gassmann, Oliver; Hinder, Markus

    2016-01-01

    New drugs serving unmet medical needs are one of the key value drivers of research-based pharmaceutical companies. The efficiency of research and development (R&D), defined as the successful approval and launch of new medicines (output) in the rate of the monetary investments required for R&D (input), has declined since decades. We aimed to identify, analyze and describe the factors that impact the R&D efficiency. Based on publicly available information, we reviewed the R&D models of major re...

  14. Estimating a corporate governance index for companies in Greece

    Directory of Open Access Journals (Sweden)

    Ramona Iulia Țarțavulea (Dieaconescu

    2015-12-01

    Full Text Available European countries have gone through serious efforts to overcome the financial crisis and special measures had to be taken in order to limit the negative impact on businesses and stabilize a healthy economic environment for the single market. The specific governmental policies aimed to keep under control the effects of the crisis and relaunch the economic growth, but they were unpopular among a part of the European citizens. The economic situation forced most managers of private companies to rethink the business strategy and restructure the activity. Lately, Greece has been going through a difficult period, as the crisis worsened the economic situation of the country. The population did not welcome the drastic economic measures which were proposed by IMF and institutional creditors and this conflict almost lead to national insolvency. The problems of Greece are deeply rooted in the business models and economic philosophy. This paper has the purpose of analyzing the corporate governance regulation and practices in Greece and to determine whether it is possible to enhance business profitability and stability by enforcing a better legal framework in the area of corporate governance. The research focuses on the calculation of a corporate governance index for a selection of Greek companies form different sectors of activity (oil &gas, telecommunications, beverages and the analysis of the results may lead to the identification of weaknesses in this domain. Improvements in the corporate governance practices are considered to lead to enhancing business stability and sustainability. The methodology for calculating the corporate governance index is adapted for Greek companies and is in accordance with the provisions of the Hellenic Corporate Governance Code.

  15. MANAGING ECONOMIC EFFECTIVENESS OF MARKETING IN TRANSNATIONAL COMPANIES

    OpenAIRE

    Oksana Bulkot; Lidia Pashchuk

    2017-01-01

    The purpose. The purpose of the study is a generalization of international experience with regard to marketing efficiency control and development of qualitative and quantitative methods to be implemented in the estimation of marketing activity of TNCs. Methodology. The survey is based on research, conducted for 60 companies in the spring of 2015 (32% of which were Ukrainian and 68% – offices and affiliates of international companies), namely Bayer, Coca-Cola, Pepsi Co, Mondelez, Mars, Mintel,...

  16. MANAGING ECONOMIC EFFECTIVENESS OF MARKETING IN TRANSNATIONAL COMPANIES

    Directory of Open Access Journals (Sweden)

    Oksana Bulkot

    2017-11-01

    Full Text Available The purpose. The purpose of the study is a generalization of international experience with regard to marketing efficiency control and development of qualitative and quantitative methods to be implemented in the estimation of marketing activity of TNCs. Methodology. The survey is based on research, conducted for 60 companies in the spring of 2015 (32% of which were Ukrainian and 68% – offices and affiliates of international companies, namely Bayer, Coca-Cola, Pepsi Co, Mondelez, Mars, Mintel, Cargill, and many others. The practical results of monitoring the effectiveness of annual plans of named companies done by authors through implementing original author’ methodology based on presenting key performance indicators (KPI. Results. The theoretical approaches to the estimation of marketing efficiency are analysed. The conditions, under which the organization is working by analysing external environment and internal company’s potential, are determined. It is substantiated by the authors that direct development of marketing plans should be based on marketing objectives, developed as a result of the situational analysis. It is proved that monitoring the effectiveness of annual plans may be done by implementing key performance indicators that enable to develop quantitative evaluation system of the organization’s strategy, based on control of its goals. The results of the research allowed authors to distinguish two major groups of effectiveness indicators for TNCs, which are financial and marketing indicators. In this standpoint, financial indicators are divided into costs’, productivity and profitability indicators and to the marketing effectiveness indicators belong market indexes, competitiveness indexes, and client’s indicators. Practical implications. The proposed methodology can be implemented for the qualitative and quantitative estimation of marketing effectiveness not only in TNCs but in small and medium business companies as well

  17. Do spin-off companies make academics' heads spin? The impacts of research-based spin-off companies on the production of scientific knowledge

    NARCIS (Netherlands)

    Zomer, A.H.

    2011-01-01

    Public research organisations nowadays are very much involved in the commercialisation of their research results, especially by creating spin-off companies. Government generally views research commercialisation as an important driver of innovation and as an opportunity to supplement increasingly

  18. Success of Family Company: Critical Evidence from the United States

    Directory of Open Access Journals (Sweden)

    Anastasia Petlina

    2016-12-01

    Full Text Available Purpose of the article: The purpose of the paper is to define the point of family company’s success. The object of research is family business as an economical phenomenon. There is a double subject of this study: firstly, to find out the main resources, from which information about successful companies can be detected and, secondly, to analyze one big family company as case study for identification its key success factors. Methodology/methods: The article was prepared on the basis of general theoretical scientific methods, in particular analysis, synthesis, analogy, comparison, generalizations, deduction and methods of expert estimates. In the first phase secondary research of scientific literature and electronic resources about the paper topic was conducted. On the base of that result, the primary research was conduct, which is based on analysis of family company E. & J. Gallo Winery. Based on the received information, the key success factors were identified. The sources of the research are internet web-pages of the company, articles about company in famous Czech business magazines and scientific journals form Emerald database, reports of company and financial data from Amadeus database and The Global Family Business Index. Scientific aim: The aim of scientific research is to improve the understanding of family company’s success from the perspective of difficulties faced by family company. Findings: The results of this study allowed the finding of a main point for the family company’s success based on review of key sources about successful family companies. In addition, activity of E. & J. Gallo Winery was analyzed as the case study for critical evidence that phenomenon. Conclusions: This study has contributed to the theoretical body of family business research providing an important first step to gaining insights into the family company’s success and its key factors which influence effective functioning of family company.

  19. Radiation applications research and facilities in AECL research company

    Science.gov (United States)

    Iverson, S. L.

    In the 60's and 70's Atomic Energy of Canada had a very active R&D program to discover and develop applications of ionizing radiation. Out of this grew the technology underlying the company's current product line of industrial irradiators. With the commercial success of that product line the company turned its R&D attention to other activities. Presently, widespread interest in the use of radiation for food processing and the possibility of developing reliable and competitive machine sources of radiation hold out the promise of a major increase in industrial use of radiation. While many of the applications being considered are straightforward applications of existing knowledge, others depend on more subtle effects including combined effects of two or more agents. Further research is required in these areas. In March 1985 a new branch, Radiation Applications Research, began operations with the objective of working closely with industry to develop and assist the introduction of new uses of ionizing radiation. The Branch is equipped with appropriate analytical equipment including HPLC (high performance liquid chromatograph) and GC/MS (gas chromatograph/mass spectrometer) as well as a Gammacell 220 and an I-10/1, one kilowatt 10 MeV electron accelerator. The accelerator is located in a specially designed facility equipped for experimental irradiation of test quantities of packaged products as well as solids, liquids and gases in various configurations. A conveyor system moves the packaged products from the receiving area, through a maze, past the electron beam at a controlled rate and finally to the shipping area. Other necessary capabilities, such as gamma and electron dosimetry and a microbiology laboratory, have also been developed. Initial projects in areas ranging from food through environmental and industrial applications have been assessed and the most promising have been selected for further work. As an example, the use of charcoal adsorbent beds to concentrate

  20. Ethical Responsibility of Neuromarketing Companies in Harnessing the Market Research – a Global Exploratory Approach

    Directory of Open Access Journals (Sweden)

    Nicolae Al. Pop

    2014-02-01

    Full Text Available A key challenge in the 21st century is identifying how to satisfy consumers’ needs in the best manner possible, whilst ensuring companies’ financial profitability. Scientists play a major role in achieving this goal, as research methods, techniques and tools have continuously evolved. In the last two decades, the development of these instruments has seen an important boost, as neuromarketing methods and techniques added depth and accuracy to traditional studies. The main aim of this paper is to highlight the role and importance of neuromarketing research techniques in the evolution of neurosciences and to explain how these techniques are used in market research. One of the most important challenges for companies who offer neuromarketing services is to stick to ethical principles when performing the investigations. This is an obligation they have both towards the beneficiaries – the companies providing products or services – and towards their consumers as well. This challenge has always been a subject of dispute between the advocates and critics of neuromarketing. Thus, this paper deals with this and other controversial topics. It starts with analysing a traditional persuasion model that has inherently been influenced by the neuromarketing research features. Then, it addresses the positive and negative aspects that subjects might have to face throughout neuromarketing studies, always bearing in mind the current Ethical Code of Conduct issued by the Neuromarketing Science and Business Association (NMSBA. An exploratory online research helped the authors test several hypotheses on ethical issues that neuromarketing companies have to handle. The research was performed on 67 neuromarketing companies from around the world that are members of the NMSBA. The findings are relevant both to researchers and neuromarketing companies, even the Romanian ones, who can use them used as insights.

  1. Cost of Equity Estimation in Fuel and Energy Sector Companies Based on CAPM

    Directory of Open Access Journals (Sweden)

    Kozieł Diana

    2018-01-01

    Full Text Available The article presents cost of equity estimation of capital groups from the fuel and energy sector, listed at the Warsaw Stock Exchange, based on the Capital Asset Pricing Model (CAPM. The objective of the article was to perform a valuation of equity with the application of CAPM, based on actual financial data and stock exchange data and to carry out a sensitivity analysis of such cost, depending on the financing structure of the entity. The objective of the article formulated in this manner has determined its’ structure. It focuses on presentation of substantive analyses related to the core of equity and methods of estimating its’ costs, with special attention given to the CAPM. In the practical section, estimation of cost was performed according to the CAPM methodology, based on the example of leading fuel and energy companies, such as Tauron GE and PGE. Simultaneously, sensitivity analysis of such cost was performed depending on the structure of financing the company’s operation.

  2. Research on simulation based material delivery system for an automobile company with multi logistics center

    Science.gov (United States)

    Luo, D.; Guan, Z.; Wang, C.; Yue, L.; Peng, L.

    2017-06-01

    Distribution of different parts to the assembly lines is significant for companies to improve production. Current research investigates the problem of distribution method optimization of a logistics system in a third party logistic company that provide professional services to an automobile manufacturing case company in China. Current research investigates the logistics leveling the material distribution and unloading platform of the automobile logistics enterprise and proposed logistics distribution strategy, material classification method, as well as logistics scheduling. Moreover, the simulation technology Simio is employed on assembly line logistics system which helps to find and validate an optimization distribution scheme through simulation experiments. Experimental results indicate that the proposed scheme can solve the logistic balance and levels the material problem and congestion of the unloading pattern in an efficient way as compared to the original method employed by the case company.

  3. Production of high-quality marketing applications: strategies for biotechnology companies working with contract research organizations.

    Science.gov (United States)

    Hecker, Sandra J; Preston, Christopher; Foote, MaryAnn

    2003-01-01

    Many biotechnology and pharmaceutical companies use clinical research organizations (CROs) to assist in the writing and preparation of clinical documents intended for submission to health authorities. Start-up companies often require the expertise of a CRO to prepare their first regulatory documents. Larger or more experienced companies often require CRO staff to assist at times of multiple simultaneous submissions. The timely production of high-quality new drug marketing applications requires close collaborations between the drug company and the CRO. The views of both CRO and industry in ensuring best practices are discussed.

  4. Data on empirical estimation of the relationship between agency costs and ownership structure in Italian listed companies (2002-2013).

    Science.gov (United States)

    Rossi, Fabrizio; Barth, James R; Cebula, Richard J

    2018-06-01

    The data presented in this article are related to the research article entitled "Do shareholder coalitions affect agency costs? Evidence from Italian-listed companies", Research in International Business and Finance , Forthcoming (Rossi et al., 2018) [1]. The study shows an empirical analysis using an extensive balanced panel dataset of 163 Italian listed companies for the period 2002-2013, which is a sample yielding 1956 firm-year observations. The sample consists primarily of manufacturing firms, but also includes some service enterprises. However all financial firms and regulated utilities are excluded. We collected data on ownership structure for the entire study period. Information was acquired from the Consob website and the individual company reports on corporate governance. Data on firm-level indicators (debt-to-capital ratio, firm size, and age of the firm) for all companies in the sample were collected from Datastream, Bloomberg , and Calepino dell'Azionista , as well as obtained manually from the financial statements of the individual companies being studied. Our dataset contains several measures of ownership structure for Italian listed companies.

  5. Patients' health or company profits? The commercialisation of academic research.

    Science.gov (United States)

    Olivieri, Nancy F

    2003-01-01

    This paper is a personal account of the events associated with the author's work at the University of Toronto's Hospital for Sick Children on a drug, deferiprone, for the treatment of thalassaemia. Trials of the drug were sponsored by the Canadian Medical Research Council and a drug company which would have been able, had the trials been successful, to seek regulatory approval to market the drug. When evidence emerged that deferiprone might be inadequately effective in a substantial proportion of patients, the drug company issued legal threats when the author proposed informing her patients and the scientific community. Until protests were made by international authorities in her field of research, the hospital and university did not adequately support the author's academic freedom and responsibilities as a medical practitioner. It is argued that underlying cause of this, and of other similar cases, is the political philosophy which is driving the commercialisation of universities and bringing about the deregulation of drug approval procedures. Together these changes constitute a serious threat to the public good.

  6. A Strategic Knowledge Map for the Research and Development Department in a Manufacturing Company

    Directory of Open Access Journals (Sweden)

    Śliwa Małgorzata

    2016-01-01

    Full Text Available Knowledge is a corporate resource, being grounds for initiating activities, which is important in a dynamic economy. The difficulties related to obtaining tacit knowledge, related primarily to experience and observation of the knowledge employee (Mendryk, 2011, encourage the companies to use tools supporting knowledge management and location. This article attempts at designing a dedicated, strategic knowledge map for a research and development department in a manufacturing company. Based on the reference works, the detailed characteristics of specific sources of knowledge in a manufacturing company and tools supporting the process of converting the tacit knowledge into explicit one, for example, the knowledge maps, were devised. Then, a strategic knowledge map model was designed for the research and development department (hereinafter abbreviated as SKM – R&D in the manufacturing company, comprising the following components: (1 fields of knowledge, (2 internal and external processes in the R&D department, and (3 sources of knowledge. Then, a practical implementation of the SKM – R&D model was presented.

  7. Relations estimate between investment in digital media and financial variables of companies: a Colombian overview

    OpenAIRE

    Amalia Novoa Hoyos; Mauricio Sabogal Salamanca; Camilo Vargas Walteros

    2016-01-01

    This article shows a first estimate about the relationship between investment in digital media and some financial variables in Colombia. First, a literature review is made about the impact of marketing and digital marketing in Company performance. Then, an analysis of the sectorial variables such as liquidity, profitability, indebtedness and concentration in sectors like food, personal grooming, automotive, drinking and tobacco, construction, entertainment, furniture, services, telecommunicat...

  8. Performance evaluation of Central European companies

    Directory of Open Access Journals (Sweden)

    Petr Fiala

    2015-10-01

    Full Text Available The paper presents a modelling approach for performance comparison of Central European companies on three levels: country, industry, and company. The approach is based on Data Envelopment Analysis and Analytic Hierarchy Process. The proposed model consists of two basic sections. The first section estimates the importance of selected industries in the countries, whereas the second section evaluates the performance of companies within industries. The results of both sections are synthesized and finally the country performance is estimated. The evaluation is based on the data set resulting from a survey of companies from selected industries.

  9. Research on a simulation-based ship production support system for middle-sized shipbuilding companies

    Science.gov (United States)

    Song, Young Joo; Woo, Jong Hun; Shin, Jong Gye

    2009-12-01

    Today, many middle-sized shipbuilding companies in Korea are experiencing strong competition from shipbuilding companies in other nations. This competition is particularly affecting small- and middle-sized shipyards, rather than the major shipyards that have their own support systems and development capabilities. The acquisition of techniques that would enable maximization of production efficiency and minimization of the gap between planning and execution would increase the competitiveness of small- and middle-sized Korean shipyards. In this paper, research on a simulation-based support system for ship production management, which can be applied to the shipbuilding processes of middle-sized shipbuilding companies, is presented. The simulation research includes layout optimization, load balancing, work stage operation planning, block logistics, and integrated material management. Each item is integrated into a network system with a value chain that includes all shipbuilding processes.

  10. Research on a simulation-based ship production support system for middle-sized shipbuilding companies

    Directory of Open Access Journals (Sweden)

    Young Joo Song

    2009-12-01

    Full Text Available Today, many middle-sized shipbuilding companies in Korea are experiencing strong competition from shipbuilding companies in other nations. This competition is particularly affecting small- and middle-sized shipyards, rather than the major shipyards that have their own support systems and development capabilities. The acquisition of techniques that would enable maximization of production efficiency and minimization of the gap between planning and execution would increase the competitiveness of small- and middle-sized Korean shipyards. In this paper, research on a simulation-based support system for ship production management, which can be applied to the shipbuilding processes of middle-sized shipbuilding companies, is presented. The simulation research includes layout optimization, load balancing, work stage operation planning, block logistics, and integrated material management. Each item is integrated into a network system with a value chain that includes all shipbuilding processes.

  11. Overview of superplastic forming research at ford motor company

    Science.gov (United States)

    Friedman, P. A.; Luckey, S. G.; Copple, W. B.; Allor, R.; Miller, C. E.; Young, C.

    2004-12-01

    In an effort to reduce vehicle weight, the automotive industry has switched to aluminum sheet for many closure panels. Although the application of aluminum is compatible with existing manufacturing processes and has attractive qualities such as low density, good mechanical properties, and high corrosion resistance, it has less room-temperature formability than steel. The expanded forming limits that are possible with superplastic forming can significantly improve the ability to manufacture complex shapes from materials with limited formability. Aluminum closure panels produced by superplastic forming have been used by Ford Motor Company for over a decade. However, applications have been limited to low-volume, specialty vehicles due to the relatively slow cycle time and the cost penalty associated with the specially processed sheet alloys. While there has been substantial research on the superplastic characteristics of aluminum alloys, the bulk of this work has focused on the development of aerospace alloys, which are often too costly and perhaps inappropriate for automotive applications. Additionally, there has been a limited amount of work done to develop the technologies required to support the higher production volumes of the automotive industry. This work presents an automotive perspective on superplastic forming and an overview of the research being performed at Ford Motor Company to increase the production volume so superplastic forming can be cost competitive with more traditional forming technologies.

  12. Advancing Understanding on Industrial Relations in Multinational Companies: Key Research Challenges and the INTREPID Contribution

    DEFF Research Database (Denmark)

    Gunnigle, Patrick; Valeria, Pulignano; Edwards, Tony

    2015-01-01

    companies using INTREPID (Investigation of Transnationals’ Employment Practices: an International Database) data. Finally, the paper identifies some of the main industrial relations issues that remain to be addressed, in effect charting a form of research agenda for future work using the INTREPID data......This paper has three principal aims. It firstly provides some theoretical background on the key current research issues and challenges in regard to industrial relations in multinational companies. It then presents a concise review of scholarship to date on industrial relations in multinational...

  13. Employing Quality Principles in Evaluating Research Companies According to I.S.O Requirements 9001/2000 (AL-Melad Company Case Study

    Directory of Open Access Journals (Sweden)

    Abdulrahman A. Ibrahem

    2013-05-01

    Full Text Available Research companies are considered to be the pioneer in the country since it have  advanced personal staff of high qualification. Thus it is considered as shining point in the society. Therefore, it have to be the first in applying the quality requirements. This will positively reflected on its performance.            The research aim is to evaluate the quality management for Al-Melad Company. In the present study, the current system of Al-Melad company is evaluated according to  I.S.O 9001/2000 requirement. A computer program is prepared for this purpose to facilitate evaluation process depending on check lists of quality requirements and on field existing conditions living with experts and on the information presented to the program operator through interviews, documents and registries.            The program  will evaluate each element and the pivot in the system and then a total evaluation of the applied quality system. It is found that the congruence percentage with the requirements is 29.84%. This finding illustrate the need of construction quality system based on mixing the functions of the main management (planning and organizing with I.S.O specification 9001/2000 and principles of total quality management.

  14. Efficiency of Finish power transmission network companies

    International Nuclear Information System (INIS)

    Anon.

    2001-01-01

    The Finnish Energy Market Authority has investigated the efficiency of power transmissions network companies. The results show that the intensification potential of the branch is 402 million FIM, corresponding to about 15% of the total costs of the branch and 7.3 % of the turnout. Energy Market Authority supervises the reasonableness of the power transmission prices, and it will use the results of the research in supervision. The research was carried out by the Quantitative Methods Research Group of Helsinki School of Economics. The main objective of the research was to create an efficiency estimation method for electric power distribution network business used for Finnish conditions. Data of the year 1998 was used as basic material in the research. Twenty-one of the 102 power distribution network operators was estimated to be totally efficient. Highest possible efficiency rate was 100, and the average of the efficiency rates of all the operators was 76.9, the minimum being 42.6

  15. User study: information needs of contracting companies of market research

    Directory of Open Access Journals (Sweden)

    Frederico Cesar Mafra Pereira

    2018-01-01

    Full Text Available This paper has as main objective to understand why companies use market research as a source of information for their business, with a comparison between what they want to apply for a research and the effective use of the information received. The main methodological approach was based on the 'Model for identifying needs, seeking and use of information' (MAFRA PEREIRA, 2010, and from this approach has drawn up a script for conducting interviews with clients of research institute located in Belo Horizonte (MG. The results showed the applicability of the model, identifying information needs, gaps of information and the effective use of information in their respective organizational contexts; besides the methodological procedures for conducting and analyzing the results.

  16. VULNERABILITY OF COMPANIES

    Directory of Open Access Journals (Sweden)

    ARMEAN ANDREEA

    2013-06-01

    Full Text Available In present, the study of vulnerability of companies is increasing in every field due to the unstable economic environment influences. The object of this research is to define and identify vulnerabilities of companies and the establishment of evaluation methods at their level. This article emphasizes the importance and usefulness of one of the best known model in this way, from our point of view, namely Băileşteanu, Negrila Pattern. This pattern covers both external factors and internal ones, that increase vulnerabilities of companies, and fit the companies in which the state of vulnerability are (vitality, viability, vulnerability, high vulnerability, difficulty and high difficulty, with a matrix. The result of the research is that any company belonging to any field, can be analyzed using this model, and assigned to one of the conditions defined within.

  17. 77 FR 7613 - Dow Chemical Company; Dow Chemical TRIGA Research Reactor; Facility Operating License No. R-108

    Science.gov (United States)

    2012-02-13

    ... NUCLEAR REGULATORY COMMISSION [Docket No. 50-264; NRC-2012-0026] Dow Chemical Company; Dow Chemical TRIGA Research Reactor; Facility Operating License No. R-108 AGENCY: Nuclear Regulatory Commission... Facility Operating License No. R-108 (``Application''), which currently authorizes the Dow Chemical Company...

  18. Beyond and between academia and business: How Austrian biotechnology researchers describe high-tech startup companies as spaces of knowledge production.

    Science.gov (United States)

    Fochler, Maximilian

    2016-04-01

    Research and innovation policy has invested considerable effort in creating new institutional spaces at the interface of academia and business. High-tech startups founded by academic entrepreneurs have been central to these policy imaginaries. These companies offer researchers new possibilities beyond and between academia and larger industry. However, the field of science and technology studies has thus far shown only limited interest in understanding these companies as spaces of knowledge production. This article analyses how researchers working in small and medium-sized biotechnology companies in Vienna, Austria, describe the cultural characteristics of knowledge production in this particular institutional space. It traces how they relate these characteristics to other institutional spaces they have experienced in their research biographies, such as in academia or larger corporations. It shows that the reasons why researchers decide to work in biotechnology companies and how they organize their work are deeply influenced by their perception of deficiencies in the conditions for epistemic work in contemporary academia and, to a lesser degree, in industry.

  19. BUSINESS INTELLIGENCE ADOPTION IN LARGE ROMANIAN COMPANIES

    Directory of Open Access Journals (Sweden)

    Flavia CAIA

    2014-11-01

    Full Text Available The economic conditions and market competition create pressures on companies to adopt new technologies that can provide more efficient information and can support decision-making better. The purpose of the research is to investigate the decision support information systems in order to apprise and enhance the capacity of the entities to apply the new knowledge that BI produces for organizational success and competitiveness. The importance of the conducted research consists in identifying solutions to improve reporting and stimulate the entities to start using business intelligence (BI technologies, which facilitate obtaining new information, in order to ensure flexibility, resilience and provide answers to questions that go beyond what the pre-defined reports can do to support decision-making. The estimated result is a technical and operational overview of the large companies in Romania, drawing future directions for an improved competitive behaviour and strategic awareness, and identifying the significant factors for optimizing the decision-making process.

  20. Narrative Accounting Practices in Indonesia Companies

    Directory of Open Access Journals (Sweden)

    Inten Meutia

    2017-05-01

    Full Text Available This research aimed to reveal creative accounting practices in the form of narrative accounting occuring in companies in Indonesia. Using content analysis, this research analyzed the management discussion and analysis section in the annual report on the group of companies whose performance had increased and declined in several companies listed on the Indonesian Stock Exchange. This research finds that the narrative accounting practices are applied in these companies. The four methods of accounting narratives are found in both groups of companies. There are stressing the positive and downplaying the negative, baffling the readers, differential reporting, and attribution.

  1. The extent of cigarette brand and company switching: results from the Adult Use-of-Tobacco Survey.

    Science.gov (United States)

    Siegel, M; Nelson, D E; Peddicord, J P; Merritt, R K; Giovino, G A; Eriksen, M P

    1996-01-01

    To evaluate the effects of cigarette advertising on brand switching, an accurate estimate of the extent of cigarette brand and company switching among current smokers is needed. Data from the 1986 Adult Use-of-Tobacco Survey were analyzed to estimate the percentage of adult smokers who switched cigarette brands and companies in the previous year. Approximately 9.2% of adult smokers (4.2 million) switched cigarette brands in 1986, and 6.7% (3.1 million) switched cigarette companies. The aggregate profitability of brand switching in 1986 was approximately $362 million. Based on this analysis, brand switching alone justifies only a small percentage of a cigarette company's advertising and promotion expenditures, suggesting that future research should address other potential effects of advertising, including maintenance of brand loyalty and expanding the cigarette market. Medical Subject Headings (MeSH): addictive behavior, advertising, smoking, tobacco.

  2. MANAGEMENT AND LEADERSHIP IN AGRIBUSINESS COMPANIES

    Directory of Open Access Journals (Sweden)

    Lana REPAR

    2012-03-01

    Full Text Available The goal of the paper is to determine the leadership capacity of managers at various organizational levels in agribusiness companies based on the characteristics of the respondents. Due to the (nonpresence of certain characteristics, the extent to which managers tend to be potential leaders is estimated. For purpose of the research the survey was conducted in a total of five companies on strategic, tactical and operational level of management. The results are compared with previous research conducted in 2002-2003 within the project Comparative study of the functioning of management. Managers in agribusiness showed a majority in tendency of thinking like leaders and in other related segments their behavior is closely to contemporary knowledge on effective leadership. Due to other companies, agribusiness does not show the significant differences in according to which is concluded that this sector is dominated by well-known and well-established managerial practices. The fact is that a dynamic business environment of the food industry requires first and foremost the high professionalism, innovation and the ability to coordinate from its leading human resources. Regarding to actuality of leadership subject in domestic and foreign scientific public, and its importance for the business success of enterprises, the study provides an overview of the characteristics of management in selected Croatian agribusiness enterprises.

  3. Cooperation and competition in business on example of Internet research of opto-electronic companies

    Science.gov (United States)

    Kaliczyńska, Małgorzata

    2006-10-01

    Based on findings from earlier studies which showed that links to academic web sites contain important information, the following study examines the practicability of using co-link data to describe cooperation and competition in optoelec-tronic business. The analysis was based on 32 companies and organizations which were found in an issue of a specialist magazine. For the purpose of the research three search engines - Google, Yahoo! and MSN Search were used. Assuming that a number of co-links to a pair of Web sites is a measure of the similarity between the two companies, the study aims at search for the sets of companies that would be similar to one another. The method applied is the MDS - multidimensional scaling that allows to present results of the analysis on a 2D map.

  4. The Analysis of Company Characteristic Influence Toward CSR Disclosure: Empirical Evidence of Manufacturing Companies Listed in Jsx

    OpenAIRE

    Rahman, Arief; Widyasari, Kurnia Nur

    2008-01-01

    This paper investigates the influence of company characteristic toward Corporate Social Responsibility disclosure. The research is using the proxy of management ownership, leverage, size, profitability and company profile as the variable of company characteristic, while the CSR disclosure, unlike the previous researches, is proxied by dummy score from the companies' mandatory disclosure based on the items of Public Environmental Reporting Initiative (PERI) and Global Reporting Initiative Soci...

  5. Low R&D Efficiency in Large Pharmaceutical Companies

    DEFF Research Database (Denmark)

    Madsen, Erik Strøjer; Wu, Yanqing

    2016-01-01

    Large pharmaceutical companies will face serious challenges in the future when several of their blockbuster drugs run out of patents, and meanwhile a growing political pressure to stop the fast increase in health care expenditures has merged. The recent wave of mergers and acquisitions (M&A) within...... the industry can be seen as an effective means to reduce costs and compensate for the reduced earnings from patented drugs. The paper examines the main development in expenditure on research and development (R&D) and number of patents in the industry with a focus on the role of company size. The analysis...... builds on a data set containing information of both patents and R&D expenditure from the world’s top 90 largest pharmaceutical companies, as well as their account data from 2002 to 2013. The empirical part estimates the firm size effect on R&D efficiency and the amount of investment allocated to R...

  6. EMPIRICAL STUDY OF THE PROBABILITY OF DEFAULT IN CASE OF ROMANIAN COMPANIES LISTED ON STOCK EXCHANGE

    Directory of Open Access Journals (Sweden)

    Marton Noemi, Racz Timea Erzsebet

    2011-07-01

    Full Text Available The importance of estimation of a firm's probability of default increased significantly during the economic and financial crisis for financial institutions, which can be explained by the fact that the share of nonperforming loans increased in this period. The probability of default can be estimated with structural models, which have on base the methodology developed by Merton (1974, methodology used by Moody's Corporation (known as KMV Merton model. The aim of this study is to estimate the probability of default of companies listed on Bucharest Stock Exchange using this methodology. This approach was widely used in the literature by many researchers (i.e., Kealhofer and Kurbat (2000, Crosbie and Bohn (2002, Duffie and Wang (2004, Bharath and Shumway (2004, 2008. In Romania this methodology was empirically tested by Codirlaşu (2007, who estimated using Merton's methodology the probability of default of companies listed on the Bucharest Stock Exchange, respectively by Bobircă et al. (2008, where the probabilities of default were estimated in case of 42 companies listed on the Bucharest Stock Exchange for 2000-2008 time period. In this paper we used Merton's model, which assumes that a company defaults if the value of its assets is less than the promised dept repayment at time T. The process of estimating the probability of default starts from the following firm specific variables: the market value of the firm's assets, the share prices, the value of the liabilities and the risk-free rate. The analyzed period is 2003-2010, containing the economic and financial crisis period, too. Analyzing the financial statements of the companies listed on the Bucharest Stock Exchange, we determined the input parameters of the model and calculated the quarterly probabilities of default of each analyzed company. According to our results the probabilities of default have a reduced value in the majority of the cases.

  7. Empirical research on the internal audit position of companies in Serbia

    Directory of Open Access Journals (Sweden)

    Ljubisavljević Snežana

    2011-01-01

    Full Text Available In the context of the globalization of business operations and the increasing use of information technologies, complexity of business transactions, and business risk, the role of internal audit is becoming increasingly important and the range of tasks performed by internal auditors is growing. As a part of the company control system, the internal audit assesses the efficiency, effectiveness, economy, and fairness of the realization of tasks, provides consulting services to the enterprise’s management, and promotes the effectiveness of risk management with the aim of creating added value and enhancing business activities. It is the aim of this work, through empirical research conducted in large and medium-sized Serbian companies, to show the degree of development of the internal audit, the perception of accountants in respect to the tasks and responsibilities of internal audit, and whether there is a connection between the enterprise size and legal form on the one hand, and the organization and responsibilities of internal audit on the other.

  8. Research on the development strategy of Pingdingshan iron and steel industry cluster with Wugang Company as the core

    Directory of Open Access Journals (Sweden)

    Wang Shuai

    2017-01-01

    Full Text Available Arouse the great potential of the industrial clusters will play a significant role in promoting the development of local WuGang company. The article takes the Pingdingshan City as the research object, who is a typical resource-based city and develops on the basis of the local resources of coal and iron ore, the core enterprise WuGang Company is a large state-owned enterprise based on the wide and thick steel plate production. Many problems also exit in the cluster innovation, company network construction, company cooperation. The article is from the perspective of steel industry cluster and cluster innovation. Firstly, the article introduces the correlation theory about the steel industry cluster and the basic development information of Pingdingshan steel industry cluster, and promotes the research purpose and meaning.The article will give the analysis to the problems from the Pingdingshan steel industry cluster and develop the reform proposals and development strategy according to the actual situation.

  9. Why job autonomy matters for young companies' performance: company maturity as a moderator between job autonomy and company performance

    NARCIS (Netherlands)

    Preenen, P.T.Y.; Howaldt, J.; Oeij, P.R.A.; Dhondt, S.; Kraan, K.O.; Jansen, E.

    2016-01-01

    Although the positive impact of job autonomy has been widely shown for individual-level employee outcomes, research on job autonomy and company-level outcomes has been surprisingly scarce. Therefore, among 3,311 companies in the Netherlands, we investigate the relationship between employees' job

  10. The frequency of company-sponsored alcohol brand-related sites on Facebook™-2012.

    Science.gov (United States)

    Nhean, Siphannay; Nyborn, Justin; Hinchey, Danielle; Valerio, Heather; Kinzel, Kathryn; Siegel, Michael; Jernigan, David H

    2014-06-01

    This research provides an estimate of the frequency of company-sponsored alcohol brand-related sites on Facebook™. We conducted a systematic overview of the extent of alcohol brand-related sites on Facebook™ in 2012. We conducted a 2012 Facebook™ search for sites specifically related to 898 alcohol brands across 16 different alcoholic beverage types. Descriptive statistics were produced using Microsoft SQL Server. We identified 1,017 company-sponsored alcohol-brand related sites on Facebook™. Our study advances previous literature by providing a systematic overview of the extent of alcohol brand sites on Facebook™.

  11. The impact of product configurators on lead times in engineering-oriented companies

    DEFF Research Database (Denmark)

    Haug, Anders; Hvam, Lars; Mortensen, Niels Henrik

    2011-01-01

    This paper presents a study of how the use of product configurators affects business processes of engineering-oriented companies. A literature study shows that only a minor part of product configuration research deals with the effects of product configuration, and that the ones that do are mostly...... vague when reporting the effects of configurator projects. Only six cases were identified, which provide estimates of the actual size of lead time reduction achieved from product configurators. To broaden this knowledge, this paper presents the results of a study of 14 companies concerning the impact...

  12. The Corporate Connection: Effective Company Research Is Just Like People Research--On a Larger Scale.

    Science.gov (United States)

    Kourofsky, Carolyn E.

    1992-01-01

    To cultivate companies for fund raising, the college development officer should focus on appropriate people, understand giving trends, follow mergers and acquisitions, and note corporate differences in giving patterns. Annual reports can reveal company self-image, help identify individuals, and illuminate the company's fiscal situation. However,…

  13. Realizing business benefits from company IT standardization : Case study research into the organizational value of IT standards, towards a company IT standardization management framework

    NARCIS (Netherlands)

    van Wessel, R.M.

    2008-01-01

    From a practical point of view, this research provides insight into how company IT standards affect business process performance. Furthermore it gives recommendations on how to govern and manage such standards successfully with regard to their selection, implementation and usage. After evaluating

  14. Research on the Impact of Ownership Structure to Operation Performance of the Chinese Listed Port Companies

    Directory of Open Access Journals (Sweden)

    Bao Jiang

    2015-06-01

    Full Text Available The ownership structure which has a huge impact on company operation performance is the foundation of corporate governance structure choice. At present, the number of China's listed port companies is the largest in the world; however, they have a very complex ownership structure. This study discusses the impact of ownership structure on the operation performance of the Chinese ports. This empirical research applies factor analysis to evaluate the operation performance of listed port companies, and then adopts linear regression analysis based on the evaluation results to explore the impact of ownership structure to operation performance. Finally, it proposes recommendations for optimizing the ownership structure of listed port companies, in order to promote a better and faster development of China's port industry. The empirical results show that for most of the listed port companies, the largest shareholder is in the absolute controlling position, and the gap between the largest shareholder and the second largest shareholder is very large, which means the ownership concentration is relatively high. Meanwhile, the top five shareholders equity ratio squared is in negative correlation with operation performance.

  15. Ownership structures of principal petroleum companies in Canada: company profiles - significant events - takeovers and acquisitions

    International Nuclear Information System (INIS)

    Anon.

    1997-01-01

    This reference document on ownership structures of principal petroleum companies identifies 'who owns whom' in the Canadian petroleum industry. The publication consists of three chapters. Chapter one, entitled 'Corporate Structures' includes the equity linkages between the energy enterprise and its parents and subsidiaries, names of directors and officers of the company and their ownership of voting shares. Chapter two under the title of 'Significant Events', provides company incorporation and listing data, outlining information on address of the company's head office, the nature of its business, number of employees in Canada, and stock exchanges on which the company equity is listed, stock symbol, high, low and closing prices as of December 31, 1996. Chapter three, entitled 'Takeovers and Acquisitions 1976-1997, provides a list of purchases, mergers and acquisitions and the estimated value of each, where applicable. All information included is provided by the companies themselves

  16. Royal Dutch Petroleum Company annual report 1992

    International Nuclear Information System (INIS)

    Anon.

    1993-01-01

    The Royal Dutch Petroleum Company has no operations of its own and virtually the whole of its income derives from its 60% interest in the companies known collectively as the Royal Dutch/Shell Group of Companies; the other 40% is owned by the Shell Transport and Trading Company, p.l.c. The company is engaged in the oil, natural gas, chemicals, coal and metals businesses throughout the world. The annual report summarises the year's results and analyses earnings in each industry segment. Financial statements for the year ended 31 December 1992 are presented. The Group companies' estimated net quantities of crude oil, natural gas and coal are given

  17. THE IMPACT OF CORPORATE GOVERNANCE QUALITY ON COMPANIES

    Directory of Open Access Journals (Sweden)

    IONESCU ALIN

    2015-08-01

    Full Text Available Corporate governance represents a current topic, with a considerable importance in field of economic research of the last decades, even more so in most developed and developing countries the companies listed at stock exchange are forced to adopt and implement several national and international recommendations regarding corporate practices. In the context of recent years, considering the maturity of financial system of developed countries, international organizations and researchers attention was focused especially on analyzing corporate governance concept in developing countries. The main purpose of this paper is to estimate the impact of corporate governance quality on the performance of the companies, taking into account a series of data provided by the World Bank database (www.enterprisesurveys.org in case of 82 developing countries around the world. In this regard, using the principal components analysis, were constructed two informational synthetic indicators: one which describes the corporate governance quality and one for companies performances of analyzed countries. Thus, in assessing the quality level of corporate governance were tacked into account some aspects considered relevant in the literature, such as the type of the companies, innovation, corporate social responsibility, transparency and quality of workforce, while corporate performance has been defined and quantified in terms of issues such as annual real growth of sales, growth of labor productivity and capacity utilization. In this context, the impact of corporate governance quality on the firms performance was tested using the generalized linear model framework and the main result of the study consists in the thesis that, in analyzed countries, companies performance index is significantly influenced by the corporate governance quality index.

  18. Fulfillment Research Resources through Access Financial Report fo Go Public Company at Library STIE Perbanas Surabaya Perpustakaan STIE Perbanas Surabaya

    Directory of Open Access Journals (Sweden)

    Melati Purba Bestari

    2018-01-01

    Full Text Available Modern libraries are characterized by the diversity of information services to users, including to fulfill the information needs of researchers. Fulfill the information requirements for this research group is very important because the information provided affect the quality of research. Library of STIE Perbanas Surabaya efforts to fulfill the information needs of researchers is to provide research resources through the provision of access annual and financial report for go public company. To provide convenience to users who do research and need annual and financial report for go public, library of STIE Perbanas Surabaya provide easy access through online catalog. To fulfill the annual and financial report for go public company, library tracking data on Indonesian stock exchange and go public company. Library attempts to provide easy access to information is expected to support a process that requires researchers and  annual and financial report data so as to improve the quality and quantity of scientific works in the field of economics science, especially for subject of banking, finance and business.

  19. Fulfillment Research Resources through Access Financial Report fo Go Public Company at Library STIE Perbanas Surabaya Perpustakaan STIE Perbanas Surabaya

    Directory of Open Access Journals (Sweden)

    Melati Purba Bestari

    2016-07-01

    Full Text Available Modern libraries are characterized by the diversity of information services to users, including to fulfill the information needs of researchers. Fulfilling the information requirements for this research group is very important because the information provided affect the quality of research. Library of STIE Perbanas Surabaya efforts to fulfill the information needs of researchers is to provide research resources through the provision of access annual and financial report for go public company. To provide convenience to users who do research and need annual and financial report for go public, library of STIE Perbanas Surabaya provide easy access through online catalog. To fulfill the annual and financial report for go public company, library tracked data on Indonesian stock exchange and go public company. Library attempts to provide easy access to information is expected to support a process that requires researchers and annual and financial report data so as to improve the quality and quantity of scientific works in the field of economics science, especially for subject of banking, finance and business.

  20. Unveiling the Incidence of Interfirm Collaboration: Evidence from Research and Development Companies in Malaysia

    Directory of Open Access Journals (Sweden)

    Zurina Adnan

    2017-08-01

    Full Text Available Nowadays, interfirm collaboration has become an increasingly popular strategy among many organizations in various industries, in order to remain competitive. Based on the contingency theory, this paper examines the moderating effect of interfirm collaboration on the relationship between Human Resource Management (HRM practices and organizational performance. Interfirm collaboration refers to the collaboration strategies undertaken by R&D companies, with other companies in similar or diverse functional areas, including R&D, marketing, or manufacturing, to enhance performance.  Using data from 64 R&D companies, the hierarchical regression analyses showed that only collaboration in R&D and functional collaboration in manufacturing significantly moderated the relationship between HRM practices and organizational performance. Overall, the results provided partial support in the domain of the contingency theory. These results, however, are limited by the small sample size, which might have produced non-significant findings. Therefore, the generalization should be taken cautiously. Future research with a larger sample size is needed to confirm the findings.

  1. Third European Company Survey: Workplace innovation in European companies

    OpenAIRE

    Oeij, P.; Žiauberyté-Jakštiené, R.; Dhondt, S.; Corral, A.; Totterdill, P.; Preenen, P.

    2015-01-01

    Workplace innovation (WPI) is a developed and implemented practice or combination of practices which enables employees to participate in organisational change and renewal and hence improve the quality of working life and organisational performance. This report looks at reasons for enabling WPI, adoption and implementation, and impact on organisation and management, employees and employee representatives. The research is based on 51 companies identified in Eurofound’s third European Company Su...

  2. Relations estimate between investment in digital media and financial variables of companies: a Colombian overview

    Directory of Open Access Journals (Sweden)

    Amalia Novoa Hoyos

    2016-06-01

    Full Text Available This article shows a first estimate about the relationship between investment in digital media and some financial variables in Colombia. First, a literature review is made about the impact of marketing and digital marketing in Company performance. Then, an analysis of the sectorial variables such as liquidity, profitability, indebtedness and concentration in sectors like food, personal grooming, automotive, drinking and tobacco, construction, entertainment, furniture, services, telecommunication, tourism and clothing using the technique of ordinary squared minimums (OSM in the years 2011, 2012, 2013 and 2014. For this study, investment in digital media in the above- mentioned years is also taken into account.

  3. Reducing Uncertainty: Implementation of Heisenberg Principle to Measure Company Performance

    Directory of Open Access Journals (Sweden)

    Anna Svirina

    2015-08-01

    Full Text Available The paper addresses the problem of uncertainty reduction in estimation of future company performance, which is a result of wide range of enterprise's intangible assets probable efficiency. To reduce this problem, the paper suggests to use quantum economy principles, i.e. implementation of Heisenberg principle to measure efficiency and potential of intangible assets of the company. It is proposed that for intangibles it is not possible to estimate both potential and efficiency at a certain time point. To provide a proof for these thesis, the data on resources potential and efficiency from mid-Russian companies was evaluated within deterministic approach, which did not allow to evaluate probability of achieving certain resource efficiency, and quantum approach, which allowed to estimate the central point around which the probable efficiency of resources in concentrated. Visualization of these approaches was performed by means of LabView software. It was proven that for tangible assets performance estimation a deterministic approach should be used; while for intangible assets the quantum approach allows better quality of future performance prediction. On the basis of these findings we proposed the holistic approach towards estimation of company resource efficiency in order to reduce uncertainty in modeling company performance.

  4. Research on Investment Estimation when Deciding to Start a new Business.

    Directory of Open Access Journals (Sweden)

    Guga, L.

    2014-06-01

    Full Text Available An entrepreneur has to follow several steps when deciding to start a new business. Starting a business involves planning, making key financial decisions, completing a series of legal activities, hiring reliable employees and after all of this the success of the new firm is determined by a few steps, which every manager must take into account. One of these steps is adopting a company name, the calling card of the business, taking into consideration the related tips regarding its selection. Entrepreneur must estimate the initial investment and the necessary financial resources. When talking about a company its mission must be clear and easy to understand. Thus, the description of the main activity and the general environment must be present in the business plan as well.

  5. A Qualitative Research Regarding the Online Advertising Formats Used by Romanian Companies

    Directory of Open Access Journals (Sweden)

    Acatrinei Carmen

    2015-08-01

    Full Text Available The present paper offers an in-depth view about the online advertising formats that are used by Romanian companies or digital advertising agencies. The qualitative research based on semi-structured detailed interviews with 12 professionals, took place in Bucharest, in February-March 2015. From the online advertising formats defined by IAB, the Romanian representatives mentioned to promote their organizations or to develop campaigns for their clients by using: search, display, social media, video advertising, affiliate marketing and sponsorship advertising format (advertorials and content sponsorship. The specialists argued about the most relevant and efficient online advertising format that they use. From their personal experience, the professionals were asked to mention which are the elements / attributes that have a significant impact on: search, display, video, social media and mobile advertising campaigns. All the respondents mentioned that their companies use remarketing campaigns. The budget of an online advertising campaign is settled differently among the formats used. The purpose of the paper is to analyze the views of professionals regarding the Romanian online advertising market and this study precedes a quantitative research among Romanian consumers exposed to online advertising campaigns in order to make a comparison between the results obtained in both studies and propose a model of online advertising campaign as close to consumers‟ wants.

  6. Conclusion: The balanced company

    DEFF Research Database (Denmark)

    Scheuer, John Damm; Jensen, Inger

    2013-01-01

    This concluding chapter brings together the various research findings of the book "The balanced company - organizing for the 21st Century" and develops a general overview of their implications for our understanding of the balancing processes unfolding in companies and organizations....

  7. Influence of food companies' brand mascots and entertainment companies' cartoon media characters on children's diet and health: a systematic review and research needs

    Science.gov (United States)

    Kraak, V I; Story, M

    2015-01-01

    Reducing the extent and persuasive power of marketing unhealthy foods to children worldwide are important obesity prevention goals. Research is limited to understand how brand mascots and cartoon media characters influence children's diet. We conducted a systematic review of five electronic databases (2000–2014) to identify experimental studies that measured how food companies' mascots and entertainment companies' media characters influence up to 12 diet-related cognitive, behavioural and health outcomes for children under 12 years. Eleven studies met the inclusion criteria. Studies used 21 unique popular media characters, but no brand mascots. Results suggest that cartoon media character branding can positively increase children's fruit or vegetable intake compared with no character branding. However, familiar media character branding is a more powerful influence on children's food preferences, choices and intake, especially for energy-dense and nutrient-poor foods (e.g. cookies, candy or chocolate) compared with fruits or vegetables. Future research should use a theoretically grounded conceptual model and larger and more diverse samples across settings to produce stronger findings for mediating and moderating factors. Future research can be used to inform the deliberations of policymakers, practitioners and advocates regarding how media character marketing should be used to support healthy food environments for children. PMID:25516352

  8. A Qualitative Research Regarding the Online Advertising Formats Used by Romanian Companies

    OpenAIRE

    Acatrinei Carmen

    2015-01-01

    The present paper offers an in-depth view about the online advertising formats that are used by Romanian companies or digital advertising agencies. The qualitative research based on semi-structured detailed interviews with 12 professionals, took place in Bucharest, in February-March 2015. From the online advertising formats defined by IAB, the Romanian representatives mentioned to promote their organizations or to develop campaigns for their clients by using: search, display, social media, vi...

  9. Good Publication Practice for Communicating Company-Sponsored Medical Research: GPP3.

    Science.gov (United States)

    Battisti, Wendy P; Wager, Elizabeth; Baltzer, Lise; Bridges, Dan; Cairns, Angela; Carswell, Christopher I; Citrome, Leslie; Gurr, James A; Mooney, LaVerne A; Moore, B Jane; Peña, Teresa; Sanes-Miller, Carol H; Veitch, Keith; Woolley, Karen L; Yarker, Yvonne E

    2015-09-15

    This updated Good Publication Practice (GPP) guideline, known as GPP3, builds on earlier versions and provides recommendations for individuals and organizations that contribute to the publication of research results sponsored or supported by pharmaceutical, medical device, diagnostics, and biotechnology companies. The recommendations are designed to help individuals and organizations maintain ethical and transparent publication practices and comply with legal and regulatory requirements. These recommendations cover publications in peer-reviewed journals and presentations (oral or poster) at scientific congresses. The International Society for Medical Publication Professionals invited more than 3000 professionals worldwide to apply for a position on the steering committee, or as a reviewer, for this guideline. The GPP2 authors reviewed all applications (n = 241) and assembled an 18-member steering committee that represented 7 countries and a diversity of publication professions and institutions. From the 174 selected reviewers, 94 sent comments on the second draft, which steering committee members incorporated after discussion and consensus. The resulting guideline includes new sections (Principles of Good Publication Practice for Company-Sponsored Medical Research, Data Sharing, Studies That Should Be Published, and Plagiarism), expands guidance on the International Committee of Medical Journal Editors' authorship criteria and common authorship issues, improves clarity on appropriate author payment and reimbursement, and expands information on the role of medical writers. By following good publication practices (including GPP3), individuals and organizations will show integrity; accountability; and responsibility for accurate, complete, and transparent reporting in their publications and presentations.

  10. Empirical research on financial capability evaluation of A-share listed companies in the securities industry based on principal component analysis

    Directory of Open Access Journals (Sweden)

    Xiuping Wang

    2017-11-01

    Full Text Available Based on the relevant financial data indicators of A-share markets of Shanghai and Shenzhen in 2009, with all of 29 listed companies in the securities industry as the research objects, this paper selects 10variables that can fully reflect the financial capability indicators and uses the principal component analysis to carry out the empirical research on the financial capability. The research results show that the comprehensive financial capability of listed companies in A-share securities industry must be focused on the following four capabilities, investment and income, profit, capital composition and debt repayment and cash flow indicators. In addition, the principal component analysis can effectively evaluate the financial capability of listed companies in A-share securities industry, and solve the problems in the previous analysis methods, such as excessive indicators, information overlapping and so on.

  11. IMPACT OF GLOBALIZATION ON THE PERFORMANCE OF THE COMPANY: THE CASE OF COMPANIES FROM BOSNIA AND HERZEGOVINA

    Directory of Open Access Journals (Sweden)

    Hasan Mahmutović

    2017-04-01

    Full Text Available The discourse of globalization and its effects have been the most current topic in the field of economics in recent times. However, empirical research on the impact of globalization on companies, especially in transition countries, is very scarce. This paper focuses on the study of the impact of globalization on the performance of companies in Bosnia and Herzegovina by analyzing their interrelationships. The findings, in the case of companies in Bosnia and Herzegovina, have confirmed earlier findings about the double impact of globalization by showing, on the one hand, its positive effects and, on the other hand, the negative effects on the performance of the companies. Additionally, the research results have shown that negative effects are felt more strongly in the case of small and medium-sized companies than in the case of large companies.

  12. Company-level, semi-quantitative assessment of occupational styrene exposure when individual data are not available.

    Science.gov (United States)

    Kolstad, Henrik A; Sønderskov, Jette; Burstyn, Igor

    2005-03-01

    In epidemiological research, self-reported information about determinants and levels of occupational exposures is difficult to obtain, especially if the disease under study has a high mortality rate or follow-up has exceeded several years. In this paper, we present a semi-quantitative exposure assessment strategy for nested case-control studies of styrene exposure among workers of the Danish reinforced plastics industry when no information on job title, task or other indicators of individual exposure were readily available from cases and controls. The strategy takes advantage of the variability in styrene exposure level and styrene exposure probability across companies. The study comprised 1522 cases of selected malignancies and neurodegenerative diseases and controls employed in 230 reinforced plastics companies and other related industries. Between 1960 and 1996, 3057 measurements of styrene exposure level obtained from 191 companies, were identified. Mixed effects models were used to estimate expected styrene exposure levels by production characteristics for all companies. Styrene exposure probability within each company was estimated for all but three cases and controls from the fraction of laminators, which was reported by a sample of 945 living colleagues of the cases and controls and by employers and dealers of plastic raw materials. The estimates were validated from a subset of 427 living cases and controls that reported their own work as laminators in the industry. We computed styrene exposure scores that integrated estimated styrene exposure level and styrene exposure probability. Product (boats), process (hand and spray lamination) and calendar year period were the major determinants of styrene exposure level. Within-company styrene exposure variability increased by calendar year and was accounted for when computing the styrene exposure scores. Exposure probability estimates based on colleagues' reports showed the highest predictive values in the

  13. Calibration of a Credit Rating Scale for Polish Companies

    Directory of Open Access Journals (Sweden)

    Aleksandra Wójcicka

    2012-01-01

    Full Text Available Increasing number of bankruptcy announcements means that even greater attention is being paid to the correct evaluation of the probability of default (PD and decisions made on the basis of it. Reliable estimation of the likelihood of a company's bankruptcy reduces risk, not only for the company itself but also for all co-operating companies and financial institutions. The financial crisis has led to a tightening up of the conditions for gaining finance from banks. However, it is not only the evaluation of PD itself that is so important but also the correct classification of companies according to their PD level ("good" or "bad" companies. There is very little consideration about possible adjustments of the credit risk scale, as usually the American scale is adopted with no changes which seems incorrect.This paper stresses the importance of correct calibration of the credit rating scale. It should not be assumed (as it was in the past that once a scale is defined it remains fixed and independent of the country. Therefore, the research carried out on Polish companies shows that the credit rating scale should be changed and the default point (i.e. "cut-off" point should be higher than in the past. The author uses a modified classification matrix based on the probability of default. The paper compares the classification of quoted Polish companies according to their credit risk level (PD with the actual occurrence of default when various default "cut-off" points are used. (original abstract

  14. Strategy Assessment of Company ECOPOSTES

    OpenAIRE

    Cortazar Sanabria, Javier Mauricio

    2015-01-01

    This thesis focuses on developing a research on the different types of strategies a company can implement depending on their situation and the various analyses that must be completed before making the strategy decision. External and internal environment methods are described together with the various forms of corporate restructure methods a company can use if needed. The whole process is followed step by step to provide a strategy assessment to company Ecopostes, a Colombian company focused o...

  15. RESEARCH ON THE APPRAISAL OF INTANGIBLE ASSETS IN ROMANIAN COMPANIES

    Directory of Open Access Journals (Sweden)

    Leontina Păvăloaia

    2012-09-01

    Full Text Available Irrespective of the cultural environment in which companies operate (Europe, Asia, America or any other geographical area, intangible assets have a significant role in the development of a business since they contain knowledge that can be the engine of the respective business and they can offer competitive advantage. The current article is a study of companies listed on BVB under category I. We have considered the percentage of intangible assets that the latter companies have and that are present in financial statements, and their value under the circumstances in which the market value is higher than net assets.

  16. Research of Executives' Perceptions in Companies and Organizations on the Importance of Mentoring in the Frame of In-House Education and Training

    Science.gov (United States)

    Fragoulis, Iosif; Valkanos, Efthymios; Voula, Florou

    2011-01-01

    The purpose of the present paper is to present the outcomes of a research on the executives' perceptions in companies and organizations on the importance of mentoring in the frame of in-house education and training. The paper researches the perceptions of people who work for companies and organizations as far as their participation in mentoring…

  17. Should academic journals publish e-cigarette research linked to tobacco companies?

    Science.gov (United States)

    Shaw, David M; Etter, Jean-François; Elger, Bernice S

    2016-08-01

    Electronic cigarettes are currently polarizing professional opinion. Some public health experts regard them as an effective smoking cessation aid and a vital means of reducing active and passive smoking, while others regard them as another attempt by the tobacco industry to create new customers and addicts. These different attitudes unsurprisingly yield different conclusions regarding both the appropriate regulation of e-cigarettes and the ethical status of research funded by, or conducted in, cooperation with the tobacco industry. This paper examines whether e-cigarette research linked to the tobacco industry should be regarded as an exception to the rule that tobacco industry research is so tainted by conflicts of interest that journals should refuse to publish them, or at the very least treat them as a special case for scrutiny. Despite the fact that e-cigarettes can be used for smoking cessation, most of the conflicts of interest that apply to other tobacco research also apply to e-cigarette research linked to that industry. Journals that currently refuse to publish findings from studies linked to tobacco companies have no reason to make an exception in the case of e-cigarettes. © 2015 Society for the Study of Addiction.

  18. Influence of food companies' brand mascots and entertainment companies' cartoon media characters on children's diet and health: a systematic review and research needs.

    Science.gov (United States)

    Kraak, V I; Story, M

    2015-02-01

    Reducing the extent and persuasive power of marketing unhealthy foods to children worldwide are important obesity prevention goals. Research is limited to understand how brand mascots and cartoon media characters influence children's diet. We conducted a systematic review of five electronic databases (2000-2014) to identify experimental studies that measured how food companies' mascots and entertainment companies' media characters influence up to 12 diet-related cognitive, behavioural and health outcomes for children under 12 years. Eleven studies met the inclusion criteria. Studies used 21 unique popular media characters, but no brand mascots. Results suggest that cartoon media character branding can positively increase children's fruit or vegetable intake compared with no character branding. However, familiar media character branding is a more powerful influence on children's food preferences, choices and intake, especially for energy-dense and nutrient-poor foods (e.g. cookies, candy or chocolate) compared with fruits or vegetables. Future research should use a theoretically grounded conceptual model and larger and more diverse samples across settings to produce stronger findings for mediating and moderating factors. Future research can be used to inform the deliberations of policymakers, practitioners and advocates regarding how media character marketing should be used to support healthy food environments for children. © 2014 The Authors. Obesity Reviews published by John Wiley & Sons Ltd on behalf of World Obesity.

  19. A Company's Internal Potential to Implement a Strategy to Acquire a Competitive Advantage: Action-Research Within a Mexican CompanyHttp://Dx.Doi.Org/10.5585/Riae.V9i2.1657

    Directory of Open Access Journals (Sweden)

    Víctor Gabriel Sánchez Trejo

    2010-11-01

    Full Text Available The small business in Mexico made an important contribution to the economic and social development of the country. Nevertheless, they present constant difficulties to reach a global and durable performance due to its specific characteristics. The generation of an internal development constitutes an alternative to compete with enterprises of the same size and with big companies in an external environment increasingly competitively and unstably. This article presents an intervention-research in a medium company where the socioeconomic theory was applied and developed dynamical strategic capacities having a direct impact in the organizational and social performance of the company.

  20. Industrial companies' demand for electricity. Evidence from a micropanel

    International Nuclear Information System (INIS)

    Bjoerner, T.B.; Togeby, M.; Jensen, H.H.

    2001-01-01

    The paper presents a micro-econometric analysis of industrial companies' demand for electricity. Previous studies on electricity consumption in the industrial sector have relied on aggregate data or cross-section observations. Here we present an econometric study on electricity demand based on a panel of 2949 Danish companies followed from 1983 to 1996. It is found that estimators of electricity demand that take account of the panel structure (fixed effect models) yield considerably lower price and production elasticities compared to estimators that do not (like cross-section models). It is also investigated how various company characteristics like size, type of industrial sub-sector and electricity intensity in production influence price and production elasticities. It appears that companies with a high electricity intensity also have a high own-price elasticity

  1. Falling R and D in oil companies

    International Nuclear Information System (INIS)

    Creusen, H.; Minne, B.

    2000-01-01

    During the last decade, the research expenditures of the 11 major oil companies and two specialised oil engineers have dropped worldwide. To explain this trend, this article points to an R and D race among the companies and to certain common expectations. The race is due to the absence of knowledge spillovers across the companies, because they need to keep their process innovations secret. Common expectations regarding the high risks of research for new energy sources leads to wait-and-see behaviour instead of own research. A small increase in research efficiency partly compensates for the drop in R and D

  2. Increased productivity through waste reduction effort in oil and gas company

    Science.gov (United States)

    Hidayati, J.; Silviana, NA; Matondang, RA

    2018-02-01

    National companies engaged in oil and gas activities in the upstream sector. In general, the on going operations include drilling, exploration, and production activities with the result being crude oil channelled for shipment. Production activities produce waste gas (flare) of 0.58 MMSCFD derived from 17.05% of natural gas produced. Gas flares are residual gases that have been burning through flare stacks to avoid toxic gases such as H2S and CO that are harmful to human health and the environment. Therefore, appropriate environmental management is needed; one of them is by doing waste reduction business. Through this approach, it is expected that waste reduction efforts can affect the improvement of environmental conditions while increasing the productivity of the company. In this research begins by identifying the existence of problems on the company related to the amount of waste that is excessive and potentially to be reduced. Alternative improvements are then formulated and selected by their feasibility to be implemented through financial analysis, and the estimation of alternative contributions to the level of productivity. The result of this research is an alternative solution to solve the problem of the company by doing technological based engineering by reusing gas flare into fuel for incinerator machine. This alternative contributes to the increased productivity of material use by 23.32%, humans 83.8%, capital 10.13 %, and waste decreased by 0.11%.

  3. Economic evaluations of occupational health interventions from a company's perspective: A systematic review of methods to estimate the cost of health-related productivity loss

    NARCIS (Netherlands)

    Uegaki, K.; Bruijne, M.C. de; Beek, A.J. van der; Mechelen, W. van; Tulder, M.W. van

    2011-01-01

    Objectives: To investigate the methods used to estimate the indirect costs of health-related productivity in economic evaluations from a company's perspective. Methods: The primary literature search was conducted in Medline and Embase. Supplemental searches were conducted in the Cochrane NHS

  4. EVALUATION OF E-RECRUITMENT LEVEL AMONG THE LARGEST COMPANIES IN POLAND - PROJECT OF RESEARCH

    Directory of Open Access Journals (Sweden)

    Dorota Buchnowska

    2015-12-01

    Full Text Available The changes taking place in the labor market cause that it is increasingly difficult to recruit employees with the right skills and competencies to companies. To reach the right candidates, they use modern IT solutions, such as ATS (Applicant Tracking System, which are supporting the processes of recruitment. Among others, they enable the publication of job offers on the Internet - on corporate websites, job portals and business social networking services - and apply for jobs online through these channels. This article pre-sents the evolution of the use of the Internet, and particularly the social media, in the recruitment process and presents a projekt of comprehensive research, which aims is to analyze and evaluate of the level of development of e-recruitment in Poland among largest companies.

  5. LEVERAGE IMPACTS ON AGRO-INDUSTRIAL COMPANY INVESTMENTS

    Directory of Open Access Journals (Sweden)

    Nugroho A.C.

    2018-03-01

    Full Text Available Agro-industry has an important role in Indonesian economic growth. One of the crucial constraints in agro-industry investments in developing country is due to limited access to investment fund. This research was aimed to analyze the impacts of leverage on the agro-industrial company investments. The research used financial report data of the manufacturing industries on agro-industrial bases registered in Indonesian Stock-Exchange from 2007 to 2016. The data were analyzed using panel data regression analysis. The results of the research showed that the leverage influenced negatively on the agro-industrial companies. Cash flow has a negative impact on the company investments, which shows the existence of financial constraints when the company decide to invest.

  6. Community-centred Networks and Networking among Companies, Educational and Cultural Institutions and Research

    DEFF Research Database (Denmark)

    Konnerup, Ulla; Dirckinck-Holmfeld, Lone

    2010-01-01

    This article presents visions for community-centred networks and networking among companies, educational and cultural institutions and research based on blended on- and off-line collaboration and communication. Our point of departure is the general vision of networking between government, industry...... and research as formulated in the Triple Helix Model (Etzkowitz 2008). The article draws on a case study of NoEL, a network on e-learning among business, educational and cultural institutions and research, all in all 21 partners from all around Denmark. Focus is how networks and networking change character......’ in Networked Learning, Wenger et al. 2009; The analysis concerns the participation structure and how the network activities connect local work practices and research, and how technology and online communication contribute to a change from participation in offline and physical network activities into online...

  7. 77 FR 16280 - Capital Research and Management Company, et al.; Notice of Application

    Science.gov (United States)

    2012-03-20

    ... SECURITIES AND EXCHANGE COMMISSION [Investment Company Act Release No. 29981; File No. 812-14007... than 10% of the acquired company's voting stock to be owned by investment companies and companies... and Exchange Commission (the ``Commission''). ACTION: Notice of an application under section 6(c) of...

  8. How do Companies Invest in Corporate Social Responsibility? An Ordonomic Contribution for Empirical CSR Research

    Directory of Open Access Journals (Sweden)

    Matthias Georg Will

    2014-07-01

    Full Text Available This paper takes both a conceptual and an empirical approach to answer the question as to how Corporate Social Responsibility (CSR can be connected to the company’s role as an agent of social value creation when it operates within an imperfect institutional framework of market competition. To develop a functional design for an empirical study, we draw on the concept of ordonomics, which provides a heuristics for responsible business activities in society. Drawing on ordonomics, we devise three questions: Referring to action responsibility we ask in which CSR activities companies do invest in their day-to-day business. Referring to governance responsibility we ask as to how companies realize win-win solutions through strategic commitments. In addition, with regard to discourse responsibility we ask in which stakeholder dialogues companies engage in order to discuss and find functional rules for organizing win-win solutions. In our empirical study, we reveal insights into the micro-level analysis of the CSP-CFP link and generate several new questions to be the subject of future research.

  9. [Response of Pharmaceutical Companies to the Crisis of Post-Marketing Clinical Trials of Anti-Cancer Agents -- Results of Questionnaires to Pharmaceutical Companies].

    Science.gov (United States)

    Nakajima, Toshifusa

    2016-04-01

    Investigator-oriented post-marketing clinical trials of anti-cancer agents are faced to financial crisis due to drastic decrease in research-funds from pharmaceutical companies caused by a scandal in 2013. In order to assess the balance of research funds between 2012 and 2014, we made queries to 26 companies manufacturing anti-cancer agents, and only 10 of 26 responded to our queries. Decrease in the fund was observed in 5 of 10, no change in 1, increase in 3 and no answer in 1. Companies showed passive attitude to carry out doctor-oriented clinical trials of off-patent drugs or unapproved drugs according to advanced medical care B program, though some companies answered to proceed approved routines of these drugs if clinical trials showed good results. Most companies declined to make comments on the activity of Japan Agency for Medical Research and Development (AMED), but some insisted to produce good corroboration between AMED and pharmaceutical companies in order to improve the quality of trials. Further corroboration must be necessary for this purpose among researchers, governmental administrative organs, pharmaceutical companies, patients' groups, and mass-media.

  10. Effect of Customer Satisfaction on Company Performance

    Directory of Open Access Journals (Sweden)

    Petr Suchánek

    2015-01-01

    Full Text Available The subject of this article is customer satisfaction and its impact on company performance through satisfaction with its products, including a comparison with the competition. Research was conducted in search of factors which affect customer satisfaction on the one hand and the performance of the company on the other hand. We constructed a model explaining what specific factors (affecting customer satisfaction have an impact on the performance of a company. This model can help management to better run the business and achieve higher performance. The article is based on research that focused on companies in the food industry in Czech Republic and on their customers. First, we found the financial performance of surveyed companies (based on indicators ROA, ROE and assets turnover and on this basis they have been divided on companies efficient and inefficient. Furthermore factors were identified (based on previous research of authors that have an impact on customer satisfaction (among these factors include product quality, customer requirements for product, comparison with competitive products, etc.. With the use of non-parametric statistical methods, logistic regression and discriminant analysis was analyzed, what factors affecting customer satisfaction also affect business performance.

  11. DESIGN OF EXPERIMENTS IN TRUCK COMPANY

    Directory of Open Access Journals (Sweden)

    Bibiana Kaselyova

    2015-07-01

    Full Text Available Purpose: Design of experiment (DOE represent very powerful tool for process improvement vastly supported by six sigma methodology. This approach is mostly used by large and manufacturing orientated companies. Presented research is focused on use of DOE in truck company, which is medium size and service orientated. Such study has several purposes. Firstly, detailed description of improvement effort based on DOE can be used as a methodological framework for companies similar to researched one. Secondly, it provides example of successfully implemented low cost design of experiment practise. Moreover, performed experiment identifies key factors, which influence the lifetime of truck tyres.Design/methodology: The research in this paper is based on experiment conducted in Slovakian Truck Company. It provides detailed case study of whole improvement effort, together with problem formulation, design creation and analysis, as well as the results interpretation. The company wants to improve lifetime of the truck tyres. Next to fuel consumption, consumption of tyres and their replacement represent according to them, one of most costly processes in company. Improvement effort was made through the use of PDCA cycle. It start with analysis of current state of tyres consumption. The variability of tyres consumption based on years and types was investigated. Then the causes of tyres replacement were identified and screening DOE was conducted. After a screening design, the full factorial design of experiment was used to identify main drivers of tyres deterioration and breakdowns. Based on result of DOE, the corrective action were propose and implement.Findings: Based on performed experiment our research describes process of tyres use and replacement. It defines main reasons for tyre breakdown and identify main drivers which influence truck tyres lifetime. Moreover it formulates corrective action to prolong tyres lifetime.Originality: The study represents full

  12. Performance management system in sale and distribution: A case of Serbian company

    Directory of Open Access Journals (Sweden)

    Aleksandar Jankulović

    2013-09-01

    Full Text Available Background: Performance management system (PMS is the process of quantifying action which leads to organizational efficiency, competitiveness and growth. Performance measurement is the vital element of quality management system (QMS. Innovative companies have a strong culture, clear sense of mission and purpose, a well thought out strategy and business philosophy of continuous improvement, driven by QMS. Implementation of QMS ISO9001 standards has encouraged many organizations to develop and implement performance management system. Statement of quality objectives and Measurement, analysis and improvement as a part of QMS which leads to continual improvement is a vital part of success of company. Therefore PMS influence on sale, distribution and logistics companies with a complex processes and great number of subjects in supply chain are of great importance for their success. Methods: In our research we analyse measures and measurement approaches and frameworks that exist in logistic management and based on that we present results from one SME from eastern European country. We use case study research and therefore we conduct interviews with managers, employees and QMS/PMS implementation staff in sale and distribution company. Results: The aim of this study was to estimate the value of various metrics of the evaluation of QMS implementation. The study was based on case study in one Serbian sale and distribution company specifically in measurement part and metrics that are essential for their business and to compare them with approaches existed in literature. We reveal some obstacles in collecting data for measurement and benchmarking in Serbian market. Different metrics for efficient management of company are implemented in this company based on sales results and customer satisfaction.  Conclusion:  The importance of the research is in the fact that implementation of QMS reveal the need for PMS implementation and therefore results in certain

  13. Factors Influencing Company Relations with Market Stakeholders, in the Face of Crises in Company Development

    Directory of Open Access Journals (Sweden)

    Olszewska Barbara

    2014-06-01

    Full Text Available Crises in company development are a particular subset of management crises. They emerge on various stages of company development, as a result of gradual depletion of effective management solutions. Crisis situations in companies have varied impact on company stakeholders. The paper presents results of empirical studies of factors influencing company relations with market stakeholders and those that facilitate the process of restoring and maintaining any relations that suffered in the course of crises in company development. The authors’ intention was to identify such factors and evaluate their importance, in relation to various stages of company development and the associated types of crisis situations faced by companies. Empirical studies suggest that certain factors may facilitate conflict resolution in matters concerning company relations with market stakeholders, and that the impact of these factors varies depending on the phase of organizational development and the type of the associated crisis situation. It must be noted, that one of the most important factors to influence problem resolution is the perceived honesty of the exchange participants. Moreover, research suggests that opinions on the significance of organizational dependence of exchange participants in the resolution of problems in relations with market stakeholders are varied.

  14. Norwegian company suppliers for the oil and gas exploitation in Norway and abroad 2003

    International Nuclear Information System (INIS)

    Kristiansen, Frode; Heum, Per; Vatne, Eirik; Wiig, Wibecke

    2004-09-01

    The Institute for Research in Economics and Business Administration has for the forth time monitored how Norwegian suppliers to the petroleum activity find their way to various markets. The data are valid for activities during 2003. The study is carried out among 413 companies at the business level and for 21 at the corporation level. The companies are mainly small and middle sized while the corporations that comprises several companies, are to be considered as large in the Norwegian context. 204 of the small and middle sized companies replied. In the group of larger corporations about 95 % replied. As the latter group is responsible for 80-90 % of the turnover in the Norwegian petroleum sector the total estimates in the investigation should be quite accurate. More than 90 % of the registered sales abroad may be contributed to 22 companies. It should therefore be possible to catch important development characteristics in the petroleum sector by focusing on 30-40 companies. Another structural characteristic is that the companies involved in petroleum activities rarely involve themselves in pure research and development activities. The current innovation is made in the context of solving specific challenges connected to reservoir, ocean depth, climate and distance and usually in relation to customers and suppliers. The petroleum sector had an average turnover of 39 % in their trade with foreign countries in 2003 which is an increase. The majority of the companies have a registered sale abroad. The tendency is increasing. The petroleum regions that receive the majority of the Norwegian sales during 2003 as previously, are the UK/North Sea, the USA/Canada and South East Asia/Australia. The sales to the Western Africa and South America are also considerable. The petroleum sector in Norway has achieved market positions over almost the entire globe in less than 10 years. With the collected data material as a basis it is estimated a 34 thousand million NOK petroleum

  15. The evolution analysis of listed companies co-holding non-listed financial companies based on two-mode heterogeneous networks

    Science.gov (United States)

    An, Pengli; Li, Huajiao; Zhou, Jinsheng; Chen, Fan

    2017-10-01

    Complex network theory is a widely used tool in the empirical research of financial markets. Two-mode and multi-mode networks are new trends and represent new directions in that they can more accurately simulate relationships between entities. In this paper, we use data for Chinese listed companies holding non-listed financial companies over a ten-year period to construct two networks: a two-mode primitive network in which listed companies and non-listed financial companies are considered actors and events, respectively, and a one-mode network that is constructed based on the decreasing-mode method in which listed companies are considered nodes. We analyze the evolution of the listed company co-holding network from several perspectives, including that of the whole network, of information control ability, of implicit relationships, of community division and of small-world characteristics. The results of the analysis indicate that (1) China's developing stock market affects the share-holding condition of listed companies holding non-listed financial companies; (2) the information control ability of co-holding networks is focused on a few listed companies and the implicit relationship of investment preference between listed companies is determined by the co-holding behavior; (3) the community division of the co-holding network is increasingly obvious, as determined by the investment preferences among listed companies; and (4) the small-world characteristics of the co-holding network are increasingly obvious, resulting in reduced communication costs. In this paper, we conduct an evolution analysis and develop an understanding of the factors that influence the listed companies co-holding network. This study will help illuminate research on evolution analysis.

  16. THE IDENTIFICATION OF THE MARKETING NEEDS AND MEANS OF COMMUNICATION OF THE ROMANIAN MARKETING COMPANIES - A MARKETING RESEARCH -

    OpenAIRE

    Tudor Edu; Costel Iliuţă Negricea

    2011-01-01

    The marketing needs of the Romanian marketing companies are very diversified, commencing with the research of the needs and demand on the target market, going down to the 4Ps (Product, Price, Promotion and Placement) and their components.The present marketing research was performed using 7 categories of information sources: specialised publications in marketing; specialised publications in economics; information provided by specialised institutions in consultancy and marketing research; infor...

  17. The level of the usage of the human resource information system and electronic recruitment in Croatian companies

    Directory of Open Access Journals (Sweden)

    Snježana Pivac

    2014-12-01

    Full Text Available Performing business according to contemporary requirements influences companies for continuous usage of modern managerial tools, such as a human resource information system (HRIS and electronic recruitment (ER. Human resources have been recognised as curtail resources and the main source of a competitive advantage in creation of successful business performance. In order to attract and select the top employees, companies use quality information software for attracting internal ones, and electronic recruitment for attracting the best possible external candidates. The main aim of this paper is to research the level of the usage of HRIS and ER within medium-size and large Croatian companies. Moreover, the additional aim of this paper is to evaluate the relationship among the usage of these modern managerial tools and the overall success of human resource management within these companies. For the purpose of this paper, primary and secondary research has been conducted in order to reveal the level of the usage of HRIS and ER as well as the overall success of human resource management in Croatian companies. The companies’ classification (HRIS and ER is done by using the non-hierarchical k-means cluster method as well as the nonparametric Kruskal Wallis test. Further, the companies are ranked by the multicriteria PROMETHEE method. Relevant nonparametric tests are used for testing the overall companies’ HRM. Finally, binary logistic regression is estimated, relating binary variable HRM and HRIS development. After detailed research, it can be concluded that large Croatian companies apply HRIS in majority (with a positive relation to HRM performance, but still require certain degrees of its development.

  18. Multinational Companies, Technology Spillovers, and Plant Survival

    OpenAIRE

    Holger Görg; Eric Strobl

    2003-01-01

    This paper examines the effect of the presence of multinational companies on plant survival in the host country. We postulate that multinational companies can impact positively on plant survival through technology spillovers. We study the nature of the effect of multinationals using a Cox proportional hazard model which we estimate using plant level data for Irish manufacturing industries. Our results show that the presence of multinationals has a life enhancing effect only on indigenous plan...

  19. Marketing plan for a mobile application : Marketing research and a plan for a mobile application of a startup company

    OpenAIRE

    Koljonen, Camilla

    2016-01-01

    The purpose of this thesis is to provide an insight of the application market and to create a marketing plan for a new mobile application. The client is a startup company and they needed a marketing research and a marketing plan for their mobile application. The company does not have a person working with marketing and therefore they asked for this project. The application itself provides information about local bars and nightclubs. It will be launched first in southern Europe and after world...

  20. TOTAL REWARDS MODEL IN ROMANIAN COMPANIES

    Directory of Open Access Journals (Sweden)

    Elena-Sabina HODOR

    2014-04-01

    Full Text Available Total Rewards Management is a subject of major importance for companies, because, by using models for this, firms can achieve their objectives of high performance. In order to analyse a validated total rewards model in Romanian Accounting and Consulting Companies, it is used The WorldatWork Total Rewards Model, which depict what contributes to applicant attraction and employee motivation and retention. Thus, the methodology of the previous survey is adjusted to the local context. The conclusions for the methodological aspects illustrate that the present research involves three strategic steps in order to achieve the objectives presented: the analysis of organizational environment of the companies from the sample, checking if Total Rewards Model proposed in the previous research is applicable for the same romanian companies from the previous survey, the analysing of the differences between results, and, if necessary, the adaptation of the model for Romania.

  1. The role of reserves and production in the market capitalization of oil and gas companies

    International Nuclear Information System (INIS)

    Ewing, Bradley T.; Thompson, Mark A.

    2016-01-01

    We examine the role proved reserves and production play in the market capitalization of publicly traded oil and gas companies engaged in the exploration and production of hydrocarbons. The paper provides two important contributions to the literature. First, we extend the existing research by utilizing the method of Robust Least Squares to estimate a multivariate market capitalization model that controls for firm type. Second, we document the impacts that oil and gas reserves to production ratios have on market capitalization. This is a key finding in the context of discounted net cash flow models and the findings suggest there is an optimal tradeoff between current and future production, given current volumes of reserves, the latter of which is valued positively by the market. Moreover, this optimal tradeoff or the optimal profit-maximizing intertemporal production choice is unique to the type of hydrocarbon being considered. Additionally, our findings highlight the importance of capital structure in the heavily capital intensive oil and gas industry. The results from this research should benefit both oil and gas companies and investors. Specifically, the results provide new and robust information as to the empirical relationships between key determinants of oil and gas company market valuations. - Highlights: • We utilized Robust Least Squares to estimate a multivariate market capitalization model. • There is a differential impact that oil and gas reserves to production ratios have on market capitalization. • The optimal profit-maximizing intertemporal production choice is unique to the type of hydrocarbon being considered. • Results provide new information as to the relationships between key determinants of oil and gas company market valuations.

  2. Going Global: Key Insights from Two Mexican Companies

    OpenAIRE

    Martha RIVERA; Silvia CACHO-ELIZONDO

    2015-01-01

    This paper explores how Mexican companies in different industries have achieved international expansion, while at the same time preserving local elements in executing their strategies. For this initial stage of research, the analysis focuses on two companies: a) Grupo Bimbo, the number one company in the bakery industry worldwide and b) KidZania, one of the world’s top indoor family entertainment centers. The research methodology is based on in-depth interviews with CEOs and key executives fr...

  3. COMPANY PERFORMANCE MEASUREMENT AND REPORTING METHODS

    Directory of Open Access Journals (Sweden)

    Nicu Ioana Elena

    2012-12-01

    Full Text Available One of the priorities of economic research has been and remains the re-evaluation of the notion of performance and especially exploring and finding some indicators that would reflect as accurately as possible the subtleties of the economic entity. The main purpose of this paper is to highlight the main company performance measurement and reporting methods. Performance is a concept that raises many question marks concerning the most accurate or the best method of reporting the performance at the company level. The research methodology has aimed at studying the Romanian and foreign specialized literature dealing with the analyzed field, studying magazines specialized on company performance measurement. If the financial performance measurement indicators are considered to offer an accurate image of the situation of the company, the modern approach through non-financial indicators offers a new perspective upon performance measurement, which is based on simplicity. In conclusion, after the theoretical study, I have noticed that the methods of performance measurement, reporting and interpretation are various, the opinions regarding the best performance measurement methods are contradictive and the companies prefer resorting to financial indicators that still play a more important role in the consolidation of the company performance measurement than the non-financial indicators do.

  4. QUALITATIVE MARKETING RESEARCH REGARDING THE IMPACT OF THE CRISIS ON THE ACTIVITY OF THE LEASING COMPANIES

    Directory of Open Access Journals (Sweden)

    CRISTINA BĂLTEANU

    2012-01-01

    Full Text Available The financial crisis has caused the economic system both direct and indirect effects. Negative macroeconomic shocks have had a direct impact on the results of leasing companies, and effects such as panic and "nervous breakdown" also had major repercussions. The purpose of this paper based on a qualitative marketing research is knowing, on the one hand, the effects of the crisis on the consumption of leasing products/services and, on the other hand, the factors that caused these effects. The study also aimed to outline the possible evolution of the leasing services offers over the next three years, taking in consideration the measures taken by leasing companies in order to restart the financing process through this system.

  5. Logistics in Estonian business companies

    Directory of Open Access Journals (Sweden)

    A. Kiisler

    2008-12-01

    Full Text Available The article describes logistics survey in Estonia carried out in 2007 as a part of the LogOnBaltic project. The level of logistics in Estonian manufacturing, trading and logistics companies is explored through logistics costs, performance indicators, outsourcing, ICT use and logistics self-estimation of the companies responded. Responses from 186 Estonian companies were gathered through a web-based survey (38% of manufacturing, 38% of trading and 24% of logistics sector. Logistics costs as the percentage of turnover make in average 13.8% in manufacturing and 13.3% in trading. Transportation and inventory carrying cost form around 70% of overall logistics costs. Considering the logistics indicators surveyed, Estonian companies show up with relatively low perfect order fulfillment rates, short customer order fulfillment cycles and effective management of cash flows. The most widely outsourced logistics function is international transportation followed by domestic transportation, freight forwarding and reverse logistics. By 2010, the outsourcing of IT systems in logistics followed by inventory management, warehousing and product customization is expected to increase more substantially. The awareness of logistics importance is still low among Estonian companies. Only 27–44% of those agree that logistics has a considerable impact on profitability, competitive advantage, top management or customer service level.

  6. Assessment of Intellectual Capital in Joint-Stock Companies

    Directory of Open Access Journals (Sweden)

    Rima Tamošiūnienė

    2015-12-01

    Full Text Available The evaluation of intellectual capital factors is an essential part for the management of joint-stock companies. Many authors indicate that successful intellectual capital management increases value added in joint-stock companies. Nevertheless, intellectual capital is a complex and challenging concept as there is still no clear guidance, what the intellectual capital features and its structural parts are. Theoretical research revealed that scientists accentuate various intellectual capital parts depending basically on the type of their research, on the level of the research (micro, mezzo, macro, variables they selected to investigate and similar. This research paper gives an insight what drivers can be increasing value added in joint-stock companies.

  7. Mandatory and Voluntary Disclosures of Serbian Listed Companies - Achieved Level and Some Recommendation for Improving their Relevance

    Directory of Open Access Journals (Sweden)

    Ksenija Denčić-Mihajlov

    2016-04-01

    Full Text Available Purpose – This paper investigates mandatory and voluntary disclosure practices of non-financial listed companies on the Belgrade Stock Exchange. The results help in determining the level of transparency of Serbian s listed companies and in formulating recommendations for improving the quality and relevance of disclosed information. Design/methodology/approach – We focus on modeling both mandatory and voluntary disclosure indices for financial and non-financial information in order to evaluate the level of disclosure of 63 Serbian companies for reporting period 2012. Findings – We found the low level of both mandatory and voluntary disclosures. Concerning mandatary disclosure, the information that is least frequently disclosed by the sample companies are those related to the material content of the financial statements (information on changes in accounting estimates and corrections of fundamental errors in the previous period, as well as related companies. Serbian companies usually disclose information that contributes to their greater visibility. Similar to the mandatory disclosure, usually published voluntary information are mostly "neutral" from the point of impact on the values reported in the financial statements, which do not contribute to a better understanding of the financial position, profitability and cash flows of the company. Research limitations/implications – There is a limitation concerning the sample size (which is generally intrinsic to Serbian capital market size and the sample structure (research is limited to listed non-financial companies. The study covers the annual reports for 2012 which in Serbia coincides with a crisis period. The same research methodology could be applied on a larger and comprehensive database (non-listed companies and include period after 2012, which will allow the analysis of evolution of disclosure practices by companies within new accounting framework. Originality/value – The authors give

  8. Facebook marketing for a direct selling company

    OpenAIRE

    Egeberg, Chenette

    2015-01-01

    The purpose of the thesis was to provide recommendations for how the studied company could improve their Facebook marketing activities. The company was the Danish subsidiary of an multinational direct selling company of health and beauty products. The following research questions were devised: 1) What are the constraints and challenges for LR Denmark’s facebook marketing as a subsidiary of a Multinational Corporation and as a Direct Selling Company? 2) How can LR Denmark improve the...

  9. From academic research to the creation of Chelatec company

    International Nuclear Information System (INIS)

    Loussouarn, A.

    2002-01-01

    Full text: CHELATEC (www.chelatec.fr) was founded in 2000 as a spin-off INSERM at institute U-463, Nantes Hospital, France. The present team has benefited from the abilities and know-how acquired in radioimmunotargeting within the vectorisation group of INSERM. The company provides complete engineering services based on complexation and vectorisation, as adapted to the client's needs in the fields of customised radiolabelling, radioimmunotargeting, decorporation and trapping of metals. CHELATEC conducts R and D activity under contract in key fields of chemical applications to medicine and environment. Our mission is to enable pharmaceutical industries and biotechnolgies companies to successfully exploit our skills and to help them in their product of process development. CHELATEC produces and supplies radiolabelled compounds

  10. Flood damage estimation of companies: A comparison of Stage-Damage-Functions and Random Forests

    Science.gov (United States)

    Sieg, Tobias; Kreibich, Heidi; Vogel, Kristin; Merz, Bruno

    2017-04-01

    The development of appropriate flood damage models plays an important role not only for the damage assessment after an event but also to develop adaptation and risk mitigation strategies. So called Stage-Damage-Functions (SDFs) are often applied as a standard approach to estimate flood damage. These functions assign a certain damage to the water depth depending on the use or other characteristics of the exposed objects. Recent studies apply machine learning algorithms like Random Forests (RFs) to model flood damage. These algorithms usually consider more influencing variables and promise to depict a more detailed insight into the damage processes. In addition they provide an inherent validation scheme. Our study focuses on direct, tangible damage of single companies. The objective is to model and validate the flood damage suffered by single companies with SDFs and RFs. The data sets used are taken from two surveys conducted after the floods in the Elbe and Danube catchments in the years 2002 and 2013 in Germany. Damage to buildings (n = 430), equipment (n = 651) as well as goods and stock (n = 530) are taken into account. The model outputs are validated via a comparison with the actual flood damage acquired by the surveys and subsequently compared with each other. This study investigates the gain in model performance with the use of additional data and the advantages and disadvantages of the RFs compared to SDFs. RFs show an increase in model performance with an increasing amount of data records over a comparatively large range, while the model performance of the SDFs is already saturated for a small set of records. In addition, the RFs are able to identify damage influencing variables, which improves the understanding of damage processes. Hence, RFs can slightly improve flood damage predictions and provide additional insight into the underlying mechanisms compared to SDFs.

  11. The legal status of engineering companies

    International Nuclear Information System (INIS)

    1981-10-01

    It is assumed that the carrying out of research, also in the nuclear field should be entrusted to engineering companies, especially when dealing with the setting up of technological structures. This paper considers the problems of the legal status of such companies under Italian legislation. (NEA) [fr

  12. CHANGING ORGANIZATIONAL CULTURE IN A ROMANIAN COMPANY

    Directory of Open Access Journals (Sweden)

    CRIVEANU Maria Magdalena

    2016-08-01

    Full Text Available The focus on studying the issue of change, migrated from the attention towards western countries, struggling with the growing spread of globalization, which affects all the changes in the environment, to the former socialist countries of Central and Eastern Europe, which have undergone dramatic changes since 1989. The most disturbing event was the transition from the centralized economy system to the market economy system, which led to a series of mutations at both psychological and organizational level. In this context, this article aims to identify both the dominant type of culture in the largest retail company in Romania and the dominant type of culture in other similar companies. This research project aims at studying the culture and its specificity within the company, but also its impact on society and on the organization. The issue at stake is a retail company in Romania, in which we tried to identify the dominant culture within the company and culture desired by its employees. We also conducted a parallel between the culture type identified in the Romanian company and the type of culture identified in other companies. The research results can be a starting point for the manager charged with change, as he can easily identify discrepancies between the dominant culture and culture desired by employees

  13. Starting a Chinese Sauce Company in Helsinki

    OpenAIRE

    Shu, Bing; Shi, Jianan

    2017-01-01

    The thesis is about starting-up a Chinese sauce company in Helsinki. The introduction is about the history of Laoganma company and the missions of a branch company in Helsinki, as well as the aims of the project. The part about market research includes the current situation of Finnish sauce market and a SWOT analysis for a Finnish market entrance. Also, a successful case reflects the developed way for the company. Then, the price and location are defined in the thesis. Sales strategi...

  14. Network meta-analyses performed by contracting companies and commissioned by industry

    NARCIS (Netherlands)

    Schuit, Ewoud; Ioannidis, John P A

    2016-01-01

    Background: Industry commissions contracting companies to perform network meta-analysis for health technology assessment (HTA) and reimbursement submissions. Our objective was to estimate the number of network meta-analyses performed by consulting companies contracted by industry, to assess whether

  15. Top management team heterogeneity and firm performance: An empirical research on Chinese listed companies

    Institute of Scientific and Technical Information of China (English)

    ZHANG Ping

    2007-01-01

    An empirical study of the 2001-2002 data from 356 Chinese companies listed in the Shanghai and Shenzhen stock exchanges indicates that within the social context of China the characteristics of a firm's top management team have a different impact on firm performance from those of foreign countries. Also, the tenure heterogeneity and functional experience heterogeneity of the top management team are inversely related to firm performance. This paper analyzes and discusses the findings in detail and points out areas for future research.

  16. Business Strategy Formulation By Shareholders and Company Management using The Analytical Network Process (ANPBusiness Strategy Formulation by Shareholders and Company Management Using Analytical Network Process (ANP

    Directory of Open Access Journals (Sweden)

    Faizal Faizal

    2016-11-01

    Full Text Available This research aimed to identify the business strategy formulation by the shareholders and the management of the company. Ten companies were selected to be the objects of this research. Those companies were the information technology, telecommunication, printing, mining, construction and chemical companies in Indonesia. The research was conducted by using the Analytical Network Process (ANP and considering the chosen respondents as the decision makers (experts of those companies. The respondents were chosen by using the non-probabilitty sampling method. The result shows that the roles of the company managements are considered m ore influental (0,57143 than the roles of the shareholders (0,28571. From the output of stakeholder’s condition, the best-stratified priority strategies are differentiation (0,600515, cost of leadership (0,230754 and focus (0,168731.

  17. How do companies envisage the future? Functional foresight approaches

    Directory of Open Access Journals (Sweden)

    Kononiuk Anna

    2017-12-01

    Full Text Available The main aim of the paper is to present the synthesis of the results of methodological analysis conducted on examples of foresight projects executed in chosen companies representing four companies type: small and medium-sized enterprise (SME, nonprofit- organization, international corporations and consulting companies as well as to posit functional approach for the implementation of foresight research within organizations. The empirical part of the study is based on the qualitative approach. A multiple case study methodology is employed. The research objects are sixteen companies experienced in foresight research. The first part of the paper gives an overview of definitions of corporate foresight and the analysis of background that have influence on the conducting of foresight in large multinational companies on one side and SMEs on the other side. In the field of the theory of foresight research, the study demonstrates that there are different motivations for foresight introduction as well as different organizational structure of teams conducting the activities and the approaches that they use. In the practical perspective, the study and a detailed functional foresight approach proposed by authors could be valuable for SMEs who consider implementing foresight research into their strategic planning processes.

  18. Packaging colour research by tobacco companies: the pack as a product characteristic.

    Science.gov (United States)

    Lempert, Lauren K; Glantz, Stanton

    2017-05-01

    Tobacco companies use colour on cigarette packaging and labelling to communicate brand imagery, diminish health concerns, and as a replacement for prohibited descriptive words ('light' and 'mild') to make misleading claims about reduced risks. We analysed previously secret tobacco industry documents to identify additional ways in which cigarette companies tested and manipulated pack colours to affect consumers' perceptions of the cigarettes' flavour and strength. Cigarette companies' approach to package design is based on 'sensation transference' in which consumers transfer sensations they derive from the packaging to the product itself. Companies manipulate consumers' perceptions of the taste and strength of cigarettes by changing the colour of the packaging. For example, even without changes to the tobacco blends, flavourings or additives, consumers perceive the taste of cigarettes in packages with red and darker colours to be fuller flavoured and stronger, and cigarettes in packs with more white and lighter colours are perceived to taste lighter and be less harmful. Companies use pack colours to manipulate consumers' perceptions of the taste, strength and health impacts of the cigarettes inside the packs, thereby altering their characteristics and effectively creating new products. In countries that do not require standardised packaging, regulators should consider colour equivalently to other changes in cigarette characteristics (eg, physical characteristics, ingredients, additives and flavourings) when making determinations about whether or not to permit new products on the market. Published by the BMJ Publishing Group Limited. For permission to use (where not already granted under a licence) please go to http://www.bmj.com/company/products-services/rights-and-licensing/.

  19. Application opportunities of agile methodology in service company management

    OpenAIRE

    Barauskienė, Diana

    2017-01-01

    Application Opportunities of Agile Methodology in Service Company Management. The main purpose of this master thesis is to identify which methods (or their modified versions) of Agile methodology can be applied in service company management. This master thesis consists of these parts – literature scientific analysis, author’s research methodology (research methods, authors’ research model, essential elements used in the research of application of Agile methodology), research itself (prelimina...

  20. Internal market – situation and forecasting for Croatian groups of companies

    Directory of Open Access Journals (Sweden)

    Zoran Krupka

    2006-12-01

    Full Text Available Purpose: The purpose of this paper is to analyze and compare the attitude of managers to the market position of independent companies in comparison to the companies that are members of groups of companies in Croatia. In addition, research included an analysis of their attitudes toward current and future internal market trends with respect to the number and the value of transactions conducted within Croatian groups of companies. Methodology: Relevant secondary and primary dana was used in the research. In secondary research, relevant scientific and professional literature was analyzed. Primary research was done by using a questionnaire on an intentional sample of experts, including 127 managers working for groups of companies in Croatia. Findings: Two main hypotheses were tested: H1 – The internal market of Croatian groups of companies, measured by the number of transactions, will grow in the future; H2 – The internal market of Croatian groups of companies, measured by transaction value, will grow in the future. Both hypotheses were accepted. Implications: Research results imply a further strengthening of the financial and economic importance of groups of companies in Croatia, and a weakening of the companies that are not members of such groups. This implies a tendency toward certain monopoly development in some economic sectors. The development and continuous growth of the internal market compels countries to implement control and regulatory practices with regard to the use of transfer pricing, a path Croatia will have to follow.

  1. 77 FR 3088 - Airworthiness Directives; General Electric Company Turbofan Engines

    Science.gov (United States)

    2012-01-23

    ... Airworthiness Directives; General Electric Company Turbofan Engines AGENCY: Federal Aviation Administration (FAA... Electric Company (GE) CF34-10E series turbofan engines. This AD was prompted by a report of heavy wear... turbofan engines installed on airplanes of U.S. registry. We also estimate that it will take about 8 work...

  2. Crucial market demands and company competencies

    DEFF Research Database (Denmark)

    Jensen, Bjarne; Stacey, Julia

    1999-01-01

    More and more, it is acknowledged that a company's success depends on it being capable of complying with the market's demands and wishes. It is, however, not always obvious, how the individual company will be able to meet the market's demands. A recent MAPP study has investigated this topic...... and identified a number of central market demands, which Danish food companies are faced with. Moreover, the study has identified which competencies are required to meet these demands and have also looked at howsuccessful companies structure some of these competencies. The study takes its point of departure...... in a literature review of MAPP's research. Results show that there are 27 central market demands, retail and consumer demands that Danish companies ought to be able to live up to. The study has also identified which competencies food companies must possess to be able to meet market's demands. Results from three...

  3. Innovation Initiatives in Large Software Companies

    DEFF Research Database (Denmark)

    Edison, Henry; Wang, Xiaofeng; Jabangwe, Ronald

    2018-01-01

    empirical studies on innovation initiative in the context of large software companies. A total of 7 studies are conducted in the context of large software companies, which reported 5 types of initiatives: intrapreneurship, bootlegging, internal venture, spin-off and crowdsourcing. Our study offers three......Context: To keep the competitive advantage and adapt to changes in the market and technology, companies need to innovate in an organised, purposeful and systematic manner. However, due to their size and complexity, large companies tend to focus on the structure in maintaining their business, which...... can potentially lower their agility to innovate. Objective:The aims of this study are to provide an overview of the current research on innovation initiatives and to identify the challenges of implementing those initiatives in the context of large software companies. Method: The investigation...

  4. DETERMINANTS OF FINANCIAL STRUCTURE OF GREEK COMPANIES

    Directory of Open Access Journals (Sweden)

    Gargalis PANAGIOTIS

    2016-06-01

    Full Text Available Capital structure is essential for the survival, growth and performance of a firm. There has been a growing interest worldwide in identifying the factors associated with debt leverage. This article aims to investigate the factors affecting the capital structure of companies listed on the Athens Stock Exchange (ASE. The data set used is composed of indicators reflecting the financial position and performance of 40 firms listed on the ASE in 2014. Using a regression model we estimate in what extent the financial structure of companies is affected by performance indicators and other specific factors like the field of activity or the size of the firms. The results obtained show an important influence of share of tangible assets in total assets of the company on the financial leverage, as main variable selected in order to reflect the capital structure of Greek companies.

  5. Analysing and Developing TQM Strategies - An Important Part of Company Innovation

    DEFF Research Database (Denmark)

    Hartz, Ove

    2000-01-01

    activities and employee behaviour in industrial company cultures. The paper outlines and discusses some results of total quality management research projects and case study research in industrial companies carried out at the Technical University of Denmark. The background of the viewpoints and experience......This paper discusses strategies for development of total quality management as an integrated part of company innovation taking the size and other particular characteristics of the specific company into consideration, with the focus on issues related to the development of appropriate total quality...... outlined is based on a combination of theoretical work, case study research and involvement in the practical development of total quality management in industrial companies of very different sizes....

  6. [Medical equipment companies and their ties with technology development centers in Mexico].

    Science.gov (United States)

    Hernández, B; Arredondo, A; Cruz, C; Sánchez, E; Damián, T

    1993-10-01

    The purpose of this study was to determine the characteristics of the companies that produce, distribute, and service medical equipment in Mexico and the factors related to whether or not they had established ties with research and technology development centers. The data analyzed came from a survey of such companies carried out in Mexico City and environs in 1989. The information was updated in 1991. Multivariate analyses were carried out in order to identify the characteristics of companies that had established ties or wished to do so and the areas of interest of those companies. Of 208 companies surveyed, only 23% had ties with research centers. The companies that had such ties or were interested in establishing them tended to invest in research and to have made plans for expansion. The establishment of ties appeared to be a two-way process, with positive consequences for the companies involved, the research centers, and the health sector. It was concluded that it would be advantageous to design programs to promote ties with companies having the characteristics mentioned.

  7. 77 FR 4650 - Airworthiness Directives; General Electric Company Turbofan Engines

    Science.gov (United States)

    2012-01-31

    ... Airworthiness Directives; General Electric Company Turbofan Engines AGENCY: Federal Aviation Administration (FAA... General Electric Company (GE) CF6-45 and CF6-50 series turbofan engines with certain low-pressure turbine... Compliance We estimate that this AD will affect 387 CF6-45 and CF6-50 series turbofan engines installed on...

  8. Forecasting Fire Insurance Loss Ratio in Misr Insurance Company

    Directory of Open Access Journals (Sweden)

    Tarek TAHA

    2017-06-01

    Full Text Available Loss ratio is one of the most important indicator that has many strategic decisions applications, such as pricing, underwriting, investment, reinsurance and reserving decisions. It serves as an early warning of financial solvency of insurance companies and it can be judged on the strength of the financial position of these companies. The aim of this study is to identify the reliable time series-forecasting model to forecast loss ratio estimates of fire segment in Misr insurance company. Box-Jenkins Analysis is applied on actual reported loss ratios data for Misr insurance company for the period 1980/1981– 2013/2014. The study concludes that the best forecasting model is ARMA(1,1.

  9. Business Alliances between Japanese and Taiwanese Companies

    OpenAIRE

    シンポ, ヒロヒコ; Hirohiko, Shimpo

    2012-01-01

    In the beginning of the 21^st century, the Information and Communication Technology (ICT) revolution is steadily progressing to build a new social infrastructure. In this process, Taiwanese companies are becoming increasingly significant. This paper illuminates the entire image of Taiwanese companies centering on the electronics industry. Although there is little research on Taiwanese companies, there is still less on their financial condition and their corporate governance. This paper aims t...

  10. Corporate financial decision makers' perceptions of their company's safety performance, programs and personnel: Do company size and industry injury risk matter?

    Science.gov (United States)

    DeArmond, Sarah; Huang, Yueng-Hsiang; Chen, Peter Y; Courtney, Theodore K

    2010-01-01

    Top-level managers make important decisions about safety-related issues, yet little research has been done involving these individuals. The current study explored corporate financial decisions makers' perceptions of their company's safety and their justifications for these perceptions. This study also explored whether their perceptions and justifications varied as a function of company size or industry injury risk. A total of 404 individuals who were the most senior managers responsible for making decisions about property and casualty risk at their companies participated in this study. The participants took part in a telephone survey. The results suggest that corporate financial decision makers have positive views of safety at their companies relative to safety at other companies within their industries. Further, many believe their company's safety is influenced by the attention/emphasis placed on safety and the selection and training of safety personnel. Participants' perceptions varied somewhat based on the size of their company and the level of injury risk in their industry. While definitive conclusions about corporate financial decision makers' perceptions of safety cannot be reached as a result of this single study, this work does lay groundwork for future research aimed at better understanding the perceptions top-level managers.

  11. An empirical analysis of strategy implementation process and performance of construction companies

    Science.gov (United States)

    Zaidi, F. I.; Zawawi, E. M. A.; Nordin, R. M.; Ahnuar, E. M.

    2018-02-01

    Strategy implementation is known as action stage where it is to be considered as the most difficult stage in strategic planning. Strategy implementation can influence the whole texture of a company including its performance. The aim of this research is to provide the empirical relationship between strategy implementation process and performance of construction companies. This research establishes the strategy implementation process and how it influences the performance of construction companies. This research used quantitative method approached via questionnaire survey. Respondents were G7 construction companies in Klang Valley, Selangor. Pearson correlation analysis indicate a strong positive relationship between strategy implementation process and construction companies’ performance. The most importance part of strategy implementation process is to provide sufficient training for employees which directly influence the construction companies’ profit growth and employees’ growth. This research results will benefit top management in the construction companies to conduct strategy implementation in their companies. This research may not reflect the whole construction industry in Malaysia. Future research may be resumed to small and medium grades contractors and perhaps in other areas in Malaysia.

  12. STUDYING THE STOCKS MANAGEMENT OF A SMALL COMPANY OF THE SERVICES

    Directory of Open Access Journals (Sweden)

    Paulo Cesar Chagas Rodrigues

    2013-06-01

    Full Text Available Many are the possibilities of intervention in the organizations so that they rationalize their process of production, and satisfy the necessities of their customers. Among these possibilities to be treated in this article it is the stocks management optimization, that is one of the great generators of waste, also, when badly managed, occults the majority of the management problems. Simple elements as tools for predicting demand, stocks control and classification systems, evaluation physicist-financier system, layout, amongst other instruments, if correctly implanted and managed bring considerable benefits for the organization, increasing productivity and competitiveness. This research, has tried to restrict its focus, by studying the stocks management of a small of the computer science company located in the city of Bauru, State of Sao Paulo, which has an estimated population of 305.753 inhabitants, with approximately 1.338 industries, 7.094 commerce and 5.371 rendered company service.

  13. What are the consequences for Danish Fashion Premium Brand Companies to incorporate Ethical Fashion in their company structure?

    OpenAIRE

    Bartoli, Nicla; Nielsen, Amalie

    2014-01-01

    This paper is meant to investigate the topic of Ethical Fashion implemented in Danish Fashion Premium Brands Companies. In order to have an almost complete scientific paper, the group decided to formulate the folowing problem formulation “What are the consequences for Danish Premium Brand Companies to incorporate Ethical Fashion in their company structure?” With three main research question: The first one is focusing on how Ethical Fashion is defined in the Danish fashion industry, in order t...

  14. Fostering Student Entrepreneurship and University Spinoff Companies

    Directory of Open Access Journals (Sweden)

    Tony Bailetti

    2011-10-01

    Full Text Available A student spinoff company strives to transform knowledge acquired by students into an income-generating business. This article outlines how a university can increase the number of spinoff companies created by its student entrepreneurs. Student spinoff companies are of interest to all forward-thinking universities, particularly those that support research and teaching programs in the field of entrepreneurship. The spinoff companies provide tangible evidence that students acquire viable entrepreneurial skills while studying at the university. In addition, student spinoff companies contribute to regional economic development, commercialize knowledge that otherwise would go undeveloped, help universities attain and expand their core missions, and increase the return on the investments in university R&D. University policies developed specifically for student spinoff companies significantly affect the growth potential of such ventures. This article provides a model and a set of principles that universities can use to support and increase the number of student entrepreneurs at their institutions. The model and principles are grounded in research findings and practical experience. In addition, the article suggests that universities adopt a results-based management approach to plan and deploy initiatives to support student entrepreneurs. The approach is widely used by government agencies interested in increasing the outcomes from their investments.

  15. Does the Size of a Company Make a Difference in the Prevalence of Exposure to Asthmagens and in the Use of Respiratory Protective Equipment?

    Science.gov (United States)

    El-Zaemey, Sonia; Carey, Renee N; Darcey, Ellie; Reid, Alison; Rushton, Lesley; McElvenny, Damien M; Fritschi, Lin

    2018-05-08

    About half of all workers in high-income countries work in small companies. However, regulatory bodies and researchers predominantly work with large companies because they are more convenient to study and easier to reach. We aimed to estimate the prevalence of exposure to asthmagens and the use of respiratory protective equipment (RPE) by company size. This analysis used data from the Australian Work Exposures Study-Asthma, a telephone survey which investigated exposure to 27 asthmagen groups. Among 4844 respondents, 18.8, 19.9, 31.9, and 29.4% of workers reported working in micro (200 employees) companies, respectively. Compared to workers in large companies, workers in micro, small, or medium companies had higher prevalence of exposure to most asthmagens and lesser use of RPE. Our results suggest that policy actions and regulatory measures should target micro/small companies in order to have the greatest effect.

  16. SMEs’ Organizational Performance: Comparative Study between Cooperated and Uncooperated Companies

    Directory of Open Access Journals (Sweden)

    Ana Karla de Lucena Justino Gomes

    2017-12-01

    Full Text Available Faced with the need for survival and competitiveness, here called micro and small enterprises (MPE, they seek to develop competitive differentials, such as the insertion of the company into a cooperation network. Several researches seek to identify the benefits of cooperative strategies, but few studies seek to compare the organizational performance of cooperating companies with that of uncooperated companies. Thus, the present study has as general objective to verify if the MPE, when inserted in cooperation networks, present organizational performance superior to those that are not inserted in that context. The present research is of the survey type and involves 67 companies inserted in cooperation networks and 154 companies that do not participate in cooperation networks. To achieve the objective, the organizational performance was analyzed based on the managers' perception regarding aspects associated to the following performance measures: customer satisfaction, employee satisfaction, company growth, company profitability and overall performance. The results indicate that the companies included in cooperation networks presented superior performance when compared to the companies not included in cooperation networks

  17. MARKETING STRATEGY OF COMMERCIAL HEALTH INSURANCE COMPANY

    Directory of Open Access Journals (Sweden)

    Cut Zaraswati

    2017-01-01

    Full Text Available The objectives of this research are to: 1 compare the effect of premium earnings products of health insurances after the launching of national social health insurance (JKN-BPJS (Badan Penyelenggara Jaminan Sosial for health; 2 analyze the internal and external factors of private/commercial health insurance companies; 3 formulate a marketing strategyy for health insurance product after the operation of JKN-BPJS for health.  It is a challenge for commercial health insurance to survive and thrive with the existence of JKN-BPJS for health which is compulsory to Indonesia’s citizens to be a member. The research begins by analyzing premium earnings of the commercial health insurance company one year before and after the implementation of JKN-BPJS for health, the intensive interviews and questionnaires to the chosen resource person (purposive samplings, the analysis on Internal Factor Evaluation (IFE, External Factor Evaluation (EFE, Matrix IE and SWOT are used in the research. Then it is continued by arranging a strategic priority using Analytical Hierarchy Process (AHP.  The result from the research is there is totally no decreasing premium earnings for the commercial health insurance company although the growth trend shows a slight drop.  The appropriate strategy for the health insurance company in the commercial sector is the differentiation where the implication is involving customer service quality improvement, product innovation, and technology and infrastructure development.      Keywords:  commercial health insurance company, Marketing Strategy, AHP Analysis, national social health insurance

  18. Book-tax conformity in Polish private companies

    Directory of Open Access Journals (Sweden)

    Anna Białek-Jaworska

    2016-12-01

    Full Text Available The purpose of this paper is to identify whether financial income differs significantly from the tax base in Poland and what determines these differences between accounting and taxable results in Polish private entities that are not listed on the stock exchange. In this paper, besides examining the level of book-tax conformity in Poland, we investigate the determinants of book-tax differences in the one-book and twobook accounting systems, with deferred income tax. We use the single factor ANOVA variance analysis, robust fixed effects estimator and the fixed effects linear model with an AR(1 disturbance estimator for panel data of 26,657 private limited liability and non-public joint-stock companies for the period of 2003–2014 (177,667 firm-year observations. The originality of this paper results from the deep quantita-tive analysis of the determinants of book-tax conformity on a novel dataset of Polish private firms. We confirm a strong significant influence of tax law on the shape of the one-book accounting system in Poland. Larger enterprises show fewer book-tax differences. Book-tax conformity is lower in private companies that incur financial losses and in private companies conducting the one-book accounting system. Family-owned companies have higher mean and median book-tax conformity than businessgroups members, due to higher demand for information from their accounts to support stewardship func-tions and to monitor the activities of the management board in the business groups.

  19. Assessment of Gender Balanced Policies across Companies

    OpenAIRE

    Šrámová, Michaela

    2017-01-01

    The thesis aims to analyze the representation of women in the top management within companies in the Czech Republic and companies' approach towards gender diversity. Theoretical background is provided as an introduction to the topic. Terms leadership and leadership styles are defined. The thesis follows with gender leadership specifics and typical characteristics for the Czech Republic. The research part is based on the interviews with HR representatives conducted in five chosen companies. Ty...

  20. HRM, company performance and employee well-being

    OpenAIRE

    Vanhala, Sinikka; Tuomi, Kaija

    2006-01-01

    This paper is dealing with the relationships between HRM, company performance and employee well-being. The relationship between S/HRM and company performance has received much attention in prior literature, while the employee perspective has been widely neglected in this research tradition. The purpose of this paper is two-fold: first, to identify and evaluate how company performance and employee well-being are related, and, secondly, to evaluate the possibilities of HR policies and practices...

  1. The Volatility of Market Risk In Viet Nam Listed Public Utilities Company Groups during and after the Financial Crisis 2007-2009

    Directory of Open Access Journals (Sweden)

    Dinh Tran Ngoc Huy

    2014-03-01

    Full Text Available This study estimates market risk of total 45 listed companies in Viet Nam public utilities, natural gas and oil industry during the financial crisis period 2007-2009. Firstly, we found out in the research sample that there are 82% of firms, of total listed firms, with beta values lower than ( 1, meaning having stock returns fluctuating more than the market benchmark. Thirdly, among three (3 groups, the systemic risk in the electric power industry is the smallest, shown by estimated values of equity and asset beta mean, and asset beta variance in this industry is also the smallest. Finally, this paper generates some analytical outcomes that enable companies and government to have more evidence in establishing their policies in investments and in governance

  2. Rhetorical Features of the Company Website

    DEFF Research Database (Denmark)

    Nielsen, Anne Ellerup

    2002-01-01

    will discuss the functional and the compositional aspects of corporate communication on the World Wide Web by comparing company websites with traditional market communication media. I will focus on linguistic and visual features of the company website and briefly account for some of the media constraints......Recent years have seen a growing body of literature ceoncerned with the World Wide Web as a new form of communication, and numerous discussions on composition, structure and design of successful company websites are being held in all kinds of forums within and outside the Internet. However, most...... these discussions seem to focus on the technological properties of the Internet or tend to serve purely practical purposes and only few researchers discuss the rhetorical features of web communication, the exception being a litited number of researchers dealing with metaphors on the Web. In this paper I...

  3. Estimating monotonic rates from biological data using local linear regression.

    Science.gov (United States)

    Olito, Colin; White, Craig R; Marshall, Dustin J; Barneche, Diego R

    2017-03-01

    Accessing many fundamental questions in biology begins with empirical estimation of simple monotonic rates of underlying biological processes. Across a variety of disciplines, ranging from physiology to biogeochemistry, these rates are routinely estimated from non-linear and noisy time series data using linear regression and ad hoc manual truncation of non-linearities. Here, we introduce the R package LoLinR, a flexible toolkit to implement local linear regression techniques to objectively and reproducibly estimate monotonic biological rates from non-linear time series data, and demonstrate possible applications using metabolic rate data. LoLinR provides methods to easily and reliably estimate monotonic rates from time series data in a way that is statistically robust, facilitates reproducible research and is applicable to a wide variety of research disciplines in the biological sciences. © 2017. Published by The Company of Biologists Ltd.

  4. University Deals with Drug Companies Raise Concerns over Autonomy, Secrecy.

    Science.gov (United States)

    Nicklin, Julie L.

    1993-01-01

    The large, exclusive research deal the Scripps Research Institute (California) made with one drug company has drawn criticism for conflict of interest. Critics fear researchers will focus more on marketing than on pure science and will protect corporate interests. Much of the deal-making is with foreign companies, sending profits overseas. (MSE)

  5. Analysis of companies' environmental strategies for a green society

    International Nuclear Information System (INIS)

    Sarmento, Manuela; Durao, Diamantino; Duarte, Manuela

    2006-01-01

    The present research is based on a survey sent to large, medium and small size companies, located in Portugal and within what are considered the most pollutant industrial sectors. The analyses of the results, processed with the Statistical Package for Social Sciences (SPSS) 11.0, show that generally companies are concerned with the implementation of clean processes, green products and eco-equipment to have a cleaner environment, i.e. a more sustainable society. Statistically, the results show that the 98 potential polluting companies are moderately contributing for a green society (x m =3.1) regarding the ten environmental strategies under research. It can also be concluded that, globally, environmental strategies are directly linked to the companies' size. (author)

  6. Effect of Customer Satisfaction on Company Performance

    OpenAIRE

    Petr Suchánek; Maria Králová

    2015-01-01

    The subject of this article is customer satisfaction and its impact on company performance through satisfaction with its products, including a comparison with the competition. Research was conducted in search of factors which affect customer satisfaction on the one hand and the performance of the company on the other hand. We constructed a model explaining what specific factors (affecting customer satisfaction) have an impact on the performance of a company. This model can help management to ...

  7. Effective Business Planning : Case Study: Company X

    OpenAIRE

    Yakovleva, Yulia

    2017-01-01

    A business planning process plays one of the most important roles in a company. A business plan can either provide stablility and prosperity to a company or drastically worsen its state. Thus, the recommendations for efficient business plans are very useful for companies that have some difficulties with their perfomance. The thesis has a deductive approach, and the qualitative research method was chosen as primary data was collected through desk study and interviews. The secondary data wa...

  8. Cost of Capital in Price-regulated Companies: the Case of Estonia

    Directory of Open Access Journals (Sweden)

    Priit Sander

    2013-01-01

    Full Text Available In case of price-regulated companies it is the role of appropriate government agencies to introduce clear, internally consistent, theoretically sound, and unambiguous methodology for finding the regulative cost of capital. The aim of the paper is to describe and analyze the cost of capital estimation methodology for regulated companies in Estonia and discuss some issues arising in applying this methodology. The current paper focuses on two topical issues associated with the estimation of regulative cost of capital in Estonia: estimation of market risk premium and inclusion of currency risk premium into the cost of capital. Current turmoil in financial markets has increased investors’ risk aversion as well as level of risks.

  9. Drugs offshore: companies stepping up fight against hidden adversary

    Energy Technology Data Exchange (ETDEWEB)

    Redden, J.

    1986-01-01

    Oil companies worldwide are effectively fighting a growing nemesis, drug and alcohol abuse on offshore installations. It is estimated that companies are losing millions of dollars in lost productivity, accidents, and thefts caused by on-the-job use of illegal drugs. Some of the measures being employed to combat the use of such drugs, e.g., tight control, better communications, diversions for employees, and the use of sniffer dogs, are discussed.

  10. Investigating Investment Preferences of Institutional Investors toward ISE Companies

    OpenAIRE

    Serkan Yilmaz Kandir

    2010-01-01

    Institutional investors may be defined as specialized financial institutions that manage savings collectively on behalf of small investors toward specific objectives. Aim of this study is to investigate the factors that affect investment preferences of institutional investors toward ISE companies. Empirical analysis is performed by employing cross-sectional regression model. In the regression model, estimated for the years, 2005, 2006 and 2007, institutional ownership in each company is used ...

  11. Motivating Factors in Guidance Publications by Ibovespa Companies and Their Conformity to CODIM’s Guideline Statement 04/2008

    Directory of Open Access Journals (Sweden)

    Helio Macedo Neto

    2014-04-01

    Full Text Available As the demand for resources in the national capital market grows, there is a stronger necessity by companies to release result prospects in order to keep or attract new investors. The guidance, a publication of future results, appears in this scenario as a response to this trend. In this perspective, the research investigates probable motivating factors in the publication of guidance by Ibovespa companies, while assessing their response to CODIM’s 04/2008 statement. The investigation comprehended factors related to institutional environments (listing segment at BM&FBovespa and listing of actions in foreign stock exchanges and three groups of interest (suppliers, employees and investors. Qualitative in nature, this exploratory research has used the technique of content analysis. After analyzing the reference forms from 62 companies, it was possible to verify the disclosure of guidances, in 2010, of 26 of them, or 41.9% of the Ibovespa index. The results indicate that the factors analyzed were considered motivational in the evidencing of future result perspectives and the guidance publications, as recommended by the Institutional Theory and the Theory of Stakeholders. These results suggest that the surveyed companies provide information on future estimates to maintain or ensure its legitimacy in the market and towards its stakeholders. However, the content analysis showed that the guidance published by the companies do not meet in a satisfactory way the Statement 04/2008.

  12. The History of the 2nd Ranger Company

    National Research Council Canada - National Science Library

    Bond, Victor

    2003-01-01

    The purpose of this research project is to uncover the history of the 2nd Ranger Company and to determine the impact segregation had on the selection, training, and combat operations of the 2nd Ranger Company...

  13. The Role of Company-Cause Fit and Company Involvement in Consumer Responses to CSR Initiatives: A Meta-Analytic Review

    Directory of Open Access Journals (Sweden)

    Grzegorz Zasuwa

    2017-06-01

    Full Text Available The marketing literature suggests that company-cause fit is of key importance to developing a successful socially responsible initiative. However, controversy exists regarding the level of this fit. While some studies report that high fit between a company and a cause has beneficial effects on consumer responses to such efforts, other research identifies negative impacts. This paper aims to obtain a deeper insight into this issue by examining the moderating role of company involvement in a cause. A meta-analysis of 51 experimental studies, yielding a total sample size of 11,335 subjects, shows that company-cause fit influences consumer responses to CSR initiatives most positively when a company with a positive reputation is highly involved in a cause, that is, when the company donates at least products. If such a company provides its beneficiary with only monetary contributions (i.e., low involvement, the effects of fit are significantly less influential.

  14. Which Companies Benefit form Liberalization?

    DEFF Research Database (Denmark)

    Baghdasaryan, Delia; la Cour, Lisbeth; Schneider, Cédric

    2016-01-01

    Theoretical research shows that competition has positive effects on productivity, for companies that are initially efficient, but not for unproductive firms. Our empirical analysis on a panel data of Czech companies, years 1995–2004, confirms this result. In addition, our analysis shows that when...... economic reforms affect both domestic and foreign competition, controlling for domestic competition is crucial when assessing the impact of trade liberalization. Otherwise, the effect of trade liberalization on firm productivity is upward biased....

  15. ESTIMATION OF BANKRUPTCY PROBABILITIES BY USING FUZZY LOGIC AND MERTON MODEL: AN APPLICATION ON USA COMPANIES

    Directory of Open Access Journals (Sweden)

    Çiğdem ÖZARİ

    2018-01-01

    Full Text Available In this study, we have worked on developing a brand-new index called Fuzzy-bankruptcy index. The aim of this index is to find out the default probability of any company X, independent from the sector it belongs. Fuzzy logic is used to state the financial ratiointerruption change related with time and inside different sectors, the new index is created to eliminate the number of the relativity of financial ratios. The four input variables inside the five main input variables used for the fuzzy process, are chosen from both factor analysis and clustering and the last input variable calculated from Merton Model. As we analyze in the past cases of the default history of companies, one could explore different reasons such as managerial arrogance, fraud and managerial mistakes, that are responsible for the very poor endings of prestigious companies like Enron, K-Mart. Because of these kind of situations, we try to design a model which one could be able to get a better view of a company’s financial position, and it couldbe prevent credit loan companies from investing in the wrong company and possibly from losing all investments using our Fuzzy-bankruptcy index.

  16. The Impact of the OECD BEPS Action Plan on Finnish Multinational Companies – Case Study

    OpenAIRE

    Hirvinen, Jyri

    2017-01-01

    This research attempts to evaluate the effects that the new OECD BEPS action plan might cause to the companies, main focus being in Finnish multinational companies and in the company being researched in the case study part of the research. The author understands the limitations of the one company case study model in the research but believes that use-ful information can be gained on the effects of the OECD BEPS action plan by examining the changes that the case study company has to go through...

  17. 77 FR 45385 - Capital Research and Management Company, et al.; Notice of Application

    Science.gov (United States)

    2012-07-31

    ... SECURITIES AND EXCHANGE COMMISSION [Investment Company Act Release No. 30150; 812-13616-09... 6(c) of the Investment Company Act of 1940, as amended (``Act'') for an exemption from section 15(a... requirements. Applicants: AMCAP Fund, American Balanced Fund, American Funds Fundamental Investors, American...

  18. 75 FR 42432 - Northern Natural Gas Company, Southern Natural Gas Company, Florida Gas Transmission Company, LLC...

    Science.gov (United States)

    2010-07-21

    ... Natural Gas Company, Southern Natural Gas Company, Florida Gas Transmission Company, LLC, Transcontinental... abandonment of facilities by Northern Natural Gas Company, Southern Natural Gas Company, Florida Gas... resources, fisheries, and wetlands; Cultural resources; Vegetation and wildlife; Endangered and threatened...

  19. Social Capital, ICT Use and Company Performance

    DEFF Research Database (Denmark)

    Scupola, Ada; Steinfield, Charles; Lopez-Nicolas, Carolina

    2010-01-01

    to information and opportunity predicted company performance, particularly for small start-up companies. The pattern of results complements prior work that establishes the importance of social capital in regional business clusters by demonstrating how certain ICT uses complement personal relationships to enhance......This study explores how some uses of ICTs, as well as having social capital and other means of access to knowledge resources, are related to company performance in a knowledge-intensive business cluster. Data were collected through a survey of companies in the Medicon Valley biotech region located...... in Denmark and Southern Sweden. Responding companies included established producers of biotechnology-related products as well as small biotechnology start-up firms emphasizing research and development.  The results suggest that when ICT use was aimed at accessing and enhancing human and intellectual capital...

  20. Social Capital, ICT Use and Company Performance

    DEFF Research Database (Denmark)

    Steinfield, Charles; Scupola, Ada; López-Nicolás, Carolina

    2009-01-01

    to information and opportunity predicted company performance, particularly for small start-up companies. The pattern of results complements prior work that establishes the importance of social capital in regional business clusters by demonstrating how ICT use complements personal relationships to enhance......This study explores how some kinds of ICT uses, as well as social capital and other means of access to knowledge resources, are related to company performance in a knowledge-intensive business cluster. Data were collected through a survey of companies in the Medicon Valley biotech region located...... in Denmark and Southern Sweden. Responding companies included established producers of biotechnology-related products as well as small biotechnology start-up firms emphasizing research and development.  The results suggest that when ICT use was aimed at accessing and enhancing human and intellectual capital...

  1. EFFECTING FACTORS DELIVERED FINANCIAL REPORTING TIME LINES AT MANUFACTURING COMPANY GROUPS LISTED IDX

    Directory of Open Access Journals (Sweden)

    Sunaryo Sunaryo

    2012-11-01

    Full Text Available The primary objective of this research is to learn the effect among ROA, Leverage, Company Size, and Outsider Ownership with time lines, either partially or simultaneously. Secondary data were collected by purposive sampling of manufacturing company groups listed on IDX and the preceding scientific research journals, using logistic regression to test the hypothesis simultaneously. The results of this research describe that ROA and Leverage do not significant effect to time lines, but company size and outsider ownership have significant effect to time lines. It is recommended that the topic of this research can be continued with merchandising company groups, or service company groups either general or special, like: hotels, insurances, bankings; or, with new independence variables added. 

  2. Neuroscience within companies: some case studies

    Directory of Open Access Journals (Sweden)

    Maria Emanuela Salati

    2017-04-01

    Full Text Available It is possible to understand many crucial processes within organizations such as change planning and management, training, decision making and leadership thanks to organisational neuroscience. For example, poorly managed change can result in alarm messages within our brains. Managers must be aware of how their words, emotions and conduct have a significant impact on team mood and results. Another fast-growing area of research is neuromarketing, thanks to company investments. This article presents a success story: a company that, faced with the need to change its selling proposition, uses neurometric techniques to analyse possible resistance of the sales force and then acted accordingly. Even training can significantly improve company efficiency thanks to neuroscience. This article also discusses some experiments carried out by the Training Department of a large public transport company.

  3. Does manager in better economic value added’s companies feeling more satisfied? An investigation of EVA’s role in mitigating agency problem proxies: empirical research from emerging market sample, namely Indonesia

    Directory of Open Access Journals (Sweden)

    Dimas M. Widiantoro

    2013-03-01

    Full Text Available This research is formulating the cause of agency conflict into three factors. The first one is agent unsatisfactory on the existing compensation system. The second is the high ratio of free cash flow in the company. The last is the absence of good monitoring on the company operation. Based on those three factors, this research aims to find a full perspective of these occurrences. One of the tools to investigate it is using EVA® as investigator tools, which is relatively new as a performance measurement in Emerging Market. The proxy variables on agency conflict are new investment ratio and total asset turn over. The control variables are dividend payout ratio and leverage. There are two research questions that being addressed in this research. The first, if there are any differences in agency conflict proxies between companies that have positive EVA® in their performance and companies with negative EVA®. The Second is to analyze if EVA® has significant role to influence the behavior of manager which tend to trigger the agency conflict within the company. The Methodology of this research was paired t-test data comparison between positive EVA companies and negative EVA. In addition, we analyzed the relationship of variable within the model with Data pool from 2002 until 2011To sum up the methodology; we tested the model with robustness test and Causality Test as well. The research finds out that Manager in companies with better EVA® tend to have lower agency conflict level. In conclusion, EVA® is strongly supporting the control variable in explaining its influence on dependent variables or agency conflict proxies.

  4. RELATIONSHIP MARKETING RESEARCH TAILORED TO SUPPORT SALES MANAGEMENT. CASE STUDY: AN INTERNATIONAL EXPRESS LOGISTICS COMPANY IN ROMANIA

    OpenAIRE

    Pop Nicolae Alexandru; Mihoc Florin; Fotea Ioan Stefan

    2010-01-01

    Within current economy context, complexities and particularities most companies are constantly seeking to maximize effectiveness and efficiency of their business. As sales force represents for most organizations their “spearheds”and direct contact with the market, its management can be a source for customer satisfaction and overall efficiency. Relationship marketing research with all its particularities and dimensions, if tailored appropriately can explicitly pinpoint major sources of custome...

  5. Beyond "medical tourism": Canadian companies marketing medical travel.

    Science.gov (United States)

    Turner, Leigh

    2012-06-15

    Despite having access to medically necessary care available through publicly funded provincial health care systems, some Canadians travel for treatment provided at international medical facilities as well as for-profit clinics found in several Canadian provinces. Canadians travel abroad for orthopaedic surgery, bariatric surgery, ophthalmologic surgery, stem cell injections, "Liberation therapy" for multiple sclerosis, and additional interventions. Both responding to public interest in medical travel and playing an important part in promoting the notion of a global marketplace for health services, many Canadian companies market medical travel. Research began with the goal of locating all medical tourism companies based in Canada. Various strategies were used to find such businesses. During the search process it became apparent that many Canadian business promoting medical travel are not medical tourism companies. To the contrary, numerous types of businesses promote medical travel. Once businesses promoting medical travel were identified, content analysis was used to extract information from company websites. Company websites were analyzed to establish: 1) where in Canada these businesses are located; 2) the destination countries and health care facilities that they market; 3) the medical procedures they promote; 4) core marketing messages; and 5) whether businesses market air travel, hotel accommodations, and holiday tours in addition to medical procedures. Searches conducted from 2006 to 2011 resulted in identification of thirty-five Canadian businesses currently marketing various kinds of medical travel. The research project began with what seemed to be the straightforward goal of establishing how many medical tourism companies are based in Canada. Refinement of categories resulted in the identification of eighteen businesses fitting the category of what most researchers would identify as medical tourism companies. Seven other businesses market regional, cross

  6. THE R&D AND THE INTERNATIONALIZATION OF BUSINESS ORGANIZATIONS. THE CASE OF PHARMACEUTICAL COMPANIES

    Directory of Open Access Journals (Sweden)

    Alexandra-Maria GALAN

    2016-06-01

    Full Text Available Research and development represents one of the key activities of the business environment which shows company’s ability of continuous development. The interest in research and development can be observed in the global companies goals of being innovative by the goods and products offered. Combing these two elements helps improving company’s competitiveness which has a major contribution in the development of some strategic arias like health, energy or industry. The level of development of a company and the degree of diversification of the products and services offered is different from company to company, which highlights the fact that in the process of internationalization companies need to be focused to work on their advantages in order to keep the competition away. In these sort of cases companies decide to pay a particular attention in assigning resources for specific activities of research and development. The success of the pharmaceutical companies depends of the of research and development activity which objectives is to encourage creativity and innovation regarding the development of new medicines or other pharmaceutical products. The pharmaceutical industry would not be able to evolve without massive investments in research and development which is the base of the evolution of the company. On the other hand, the more they invest in research and development, the companies tend to expand their activity abroad in order to promote the comparative advantages obtained by the activity of research.

  7. The Influence of Intellectual Capital on Corporate Performance: Evidence from European Companies over the Period 2004–2014

    International Nuclear Information System (INIS)

    Molodchik, M.

    2016-01-01

    Full text: The paper overviews the findings of 5-year research project of International Laboratory of Intangible driven Economy (ID LAB). The main research question of project concerns the strategic decision making with regard to intangibles and consequences of these decisions; in other words, the impact of intangibles on corporate performance. The unique dataset collected by ID LAB includes financial and non-financial indicators of more than 1700 public European companies over the period 2004–2014. The methodology uses indicators for six types of intellectual resources: human resources, management capability, innovation capability, business processes capability, clients’ loyalty and networking capability. For hypotheses estimations different econometric tools such as structural equation modelling, panel data analysis and dummy variable regression are applied. The most important and insightful findings are as follows. Firstly, intellectual resources have simultaneous impact on company outperforming (measured by Economic Value Added) and investor expectations (measured by Market Value Added), meanwhile managers tend to accumulate intellectual resources that are positively recognized by investors. Secondly, two knowledge-intensive profiles of European companies were found. Thirdly, accumulation of intangibles during economic crisis have positive influence on future performance, as well as better endowment of intangibles allows acceleration effect when recovering after the crisis. Fourthly, SMEs gain more from intellectual resources than large companies do. (author

  8. Evidence-based research: understanding the best estimate

    Directory of Open Access Journals (Sweden)

    Bauer JG

    2016-09-01

    Full Text Available Janet G Bauer,1 Sue S Spackman,2 Robert Fritz,2 Amanjyot K Bains,3 Jeanette Jetton-Rangel3 1Advanced Education Services, 2Division of General Dentistry, 3Center of Dental Research, Loma Linda University School of Dentistry, Loma Linda, CA, USA Introduction: Best estimates of intervention outcomes are used when uncertainties in decision making are evidenced. Best estimates are often, out of necessity, from a context of less than quality evidence or needing more evidence to provide accuracy. Purpose: The purpose of this article is to understand the best estimate behavior, so that clinicians and patients may have confidence in its quantification and validation. Methods: To discover best estimates and quantify uncertainty, critical appraisals of the literature, gray literature and its resources, or both are accomplished. Best estimates of pairwise comparisons are calculated using meta-analytic methods; multiple comparisons use network meta-analysis. Manufacturers provide margins of performance of proprietary material(s. Lower margin performance thresholds or requirements (functional failure of materials are determined by a distribution of tests to quantify performance or clinical competency. The same is done for the high margin performance thresholds (estimated true value of success and clinician-derived critical values (material failure to function clinically. This quantification of margins and uncertainties assists clinicians in determining if reported best estimates are progressing toward true value as new knowledge is reported. Analysis: The best estimate of outcomes focuses on evidence-centered care. In stochastic environments, we are not able to observe all events in all situations to know without uncertainty the best estimates of predictable outcomes. Point-in-time analyses of best estimates using quantification of margins and uncertainties do this. Conclusion: While study design and methodology are variables known to validate the quality of

  9. 75 FR 13524 - Northern Natural Gas Company, Southern Natural Gas Company, Florida Gas Transmission Company, LLC...

    Science.gov (United States)

    2010-03-22

    ... Natural Gas Company, Southern Natural Gas Company, Florida Gas Transmission Company, LLC, Transcontinental... notice that on March 5, 2010, Northern Natural Gas Company (Northern Natural), 1111 South 103rd Street, Omaha, Nebraska 68124- 1000, filed on behalf of itself and other owners, Southern Natural Gas Company...

  10. The Aggressive Competitiveness Influence on the Retailer Company Performance

    Directory of Open Access Journals (Sweden)

    Antonio Benedito Oliveira Junior

    2015-08-01

    Full Text Available The aggressive competitiveness refers to the company tendency to challenge direct and intensively its competitors when entering into a market or to enhance its position outperforming its rivals. An approach about aggressive competitiveness shares the traditional view of "strength-weakness-opportunity-threat", another view consistent with the hyper-competitiveness model, and the third view follows the dynamic competitiveness line. However, researches have not yet focused either on the motivations or on the strategic guidelines before the attack or on the direct relationship between Aggressive Competitiveness (AC and Retailer Company Performance (CP through a qualitative and quantitative study. Within this context, the objective of this research was to analyze: i the impact of the AC in the retail CP; and ii the effect of company size factor (medium/large versus micro/small in this relationship. It was carried out a mixed survey in two stages. In the first it was used a qualitative approach, through multiple case study with eight companies. Then, in the second phase it was held a survey with 64 companies. The results indicate a positive and significant impact of the AC on the CP, but this impact is not different between medium and large sized enterprises versus micro/small sized companies. This research contributes theoretical and empirically to the literature about AC of retail companies, generating subsidies for managers to adopt a more aggressive attitude in the competitive dynamics of the retail market. The practical cases studied here corroborate the influence of AC on the CP. Specifically it demonstrates the AC importance for the survival and growth of the company in increasingly dynamic, turbulent and competitive markets.

  11. Safety in a Manufacturing Company

    Directory of Open Access Journals (Sweden)

    Kopczewski Marian

    2017-02-01

    Full Text Available The safety systems include the functioning of the institutions of a state, central, and local government, businesses, and social organizations. Research in this discipline should contribute to the development of the theoretical foundations and systems of national and international security and operating systems in the area of technical safety. Technical safety engineering should deal with a design, build, operation, and decommissioning of technical measures in order to minimize the opportunities and the size of their negative impact on the environment, people, and the good of civilization. With this in mind, the main purpose of the research was to evaluate the safety of technical manufacturing company that uses a wide machine park. A plant manufacturing parts and components for automobiles was the audited company.

  12. An Assessment of RFID Applications in Manufacturing Companies

    Directory of Open Access Journals (Sweden)

    Gładysz Bartłomiej

    2015-12-01

    Full Text Available The meaning of Cyber Physical Systems and an Internet of Things with indication of RFID position in those concepts was outlined. Research program related to assessment of RFID technology was presented. Author deducted on problems related to RFID implementations and RFID essentially for logistics of manufacturing companies. Research goals and problems were formulated. Tools, techniques, models and methods that could be utilized were proposed and discussed. Research was focused on design of a new method to support early decision making phases for RFID application in logistics of manufacturing companies. Author stated that literature and practice lacks of complex method to answer if RFID is strategically important for the company, which processes should be RFID-supported, how RFID-supported processes should be designed and if RFID-support is rational. Framework for assessment of RFID technology with illustrative example was discussed.

  13. The effectiveness of innovative processes implemented by the SME companies. Results of the empirical research

    Directory of Open Access Journals (Sweden)

    Tomasz Norek

    2013-01-01

    Full Text Available The essence and the importance of innovation in the process of building the competitiveness of enterprises is widely described in the economic literature. But the analysis of innovative activity of companies very often indicates that the innovations introduced to the market do not bring the expected benefits. This leads to the conclusion that very often innovation activities of enterprises are inefficient. And detailed analysis of such cases can identify the key barriers to implementing effective innovation.The modern model for the innovative activity indicates that one of the key factors for success of innovative activity of enterprises is properly implemented the introduction of new solutions to market. The problem of diffusion of innovation involves a number of issues related to the process of spreading and promoting innovation in the market. It is widely recognized that the powers of innovation diffusion is an important determinant of the capacity of firms.Author posed the following research hypothese: Innovative activities carried out by the surveyed companies is inefficient.The purpose of this paper is to present the problems associated with effective diffusion of innovation in the SME sector business activity in Poland, with particular emphasis on the barriers in this area. Commonly available statistical data, the author’s empirical research results from the period 2009–2012 and results of other studies conducted by the University of Szczecin were used to prepare this publication.

  14. On Moderator Detection in Anchoring Research: Implications of Ignoring Estimate Direction

    Directory of Open Access Journals (Sweden)

    Nathan N. Cheek

    2018-05-01

    Full Text Available Anchoring, whereby judgments assimilate to previously considered standards, is one of the most reliable effects in psychology. In the last decade, researchers have become increasingly interested in identifying moderators of anchoring effects. We argue that a drawback of traditional moderator analyses in the standard anchoring paradigm is that they ignore estimate direction—whether participants’ estimates are higher or lower than the anchor value. We suggest that failing to consider estimate direction can sometimes obscure moderation in anchoring tasks, and discuss three potential analytic solutions that take estimate direction into account. Understanding moderators of anchoring effects is essential for a basic understanding of anchoring and for applied research on reducing the influence of anchoring in real-world judgments. Considering estimate direction reduces the risk of failing to detect moderation.

  15. IMPLEMENTATION OF E-CRM IN MACEDONIAN COMPANIES

    Directory of Open Access Journals (Sweden)

    MARGARITA JANESKA

    2016-08-01

    Full Text Available Customer Relationship Management (CRM in the digital economy is a challenge for companies that operate in the new electronic environment. In fact, companies that use the internet as basic infrastructure for their operations must adapt and to be ready to respond to the growing challenges who are posed from more sophisticated consumers. CRM concept includes possibilities, methodology and technology that enable companies to operate through improving relations with consumers. CRM as a strategic set of activities begins with a detailed analysis of organizational strategy and ending with measurement of value for stakeholders. CRM owes its expansion to the emergence of the Internet. Digital economy enables more effective targeting and personalization. The basic motive for the research is the fact that e-CRM is a relatively new concept and in recent years has made significant strides in companies around the world aimed at customers. Namely, e-CRM is positioned high on the priority list of today's corporate agendas. The aim of this paper is to consider the importance and benefits of the implementation of e-CRM concept in Macedonia, and to determine the factors that contribute to its successful implementation. The research results should contribute to increasing the profitability and competitiveness of Macedonian companies.

  16. Assessment of Westinghouse Hanford Company methods for estimating radionuclide release from ground disposal of waste water at the N Reactor sites

    International Nuclear Information System (INIS)

    1988-09-01

    This report summarizes the results of an independent assessment by Golder Associates, Inc. of the methods used by Westinghouse Hanford Company (Westinghouse Hanford) and its predecessors to estimate the annual offsite release of radionuclides from ground disposal of cooling and other process waters from the N Reactor at the Hanford Site. This assessment was performed by evaluating the present and past disposal practices and radionuclide migration data within the context of the hydrology, geology, and physical layout of the N Reactor disposal site. The conclusions and recommendations are based upon the available data and simple analytical calculations. Recommendations are provided for conducting more refined analyses and for continued field data collection in support of estimating annual offsite releases. Recommendations are also provided for simple operational and structural measures that should reduce the quantities of radionuclides leaving the site. 5 refs., 9 figs., 1 tab

  17. Production and Logistics Performance of Czech and Slovak Companies

    Directory of Open Access Journals (Sweden)

    Polakova Veronika

    2013-03-01

    Full Text Available This contribution deals with the issues of production and logistics performance of Czech and Slovak companies. The goal of the research was to analyze logistic processes, methods of industrial engineering, methods and evaluation of manufacturing, software tools utilized for measurement and management of performance, which are currently applied in manufacturing companies in the Czech and Slovak Republic. This analysis was done with the utilization of qualitativeresearch conducted in 80 selected manufacturing companies in 2009. The results are compared in the continuity with the conclusions from previous researches on manufacturing and logistic factors of the competitiveness of Czech industrial manufacturers carried out during the period 2000-2001 in the framework of the research project of the Faculty of Economics and Management completed in 2004.

  18. Artisan fishing and the fishing company in Óbidos, Pará

    Directory of Open Access Journals (Sweden)

    Adriana de Aviz

    2006-08-01

    Full Text Available This work is product of the Project "The time of the plant: the disciplinamento of the workers of the fishing industry (Óbidos-Pará: a comparative study", developed in the years of 2002 and 2003 in the municipality of Óbidos, Pará, objectifying to understand the importance of the time in the disciplinamento of the work in the obidense fishing company. Interviews opened in entrepreneurs had been carried through of fish, controlling, heads of quality control, people in charge of hall and other actors involved in the sector fishing boat and applied half-open questionnaires with laborers and fishing. One used the photographic, recording register and the notebook of notations. The research was carried through in the fishing companies Mundial and Pasquarelli, Colony Z-19 Fishing, in the boats (river Amazon of the artisan fishing and in its residences. As central focus it was looked for to unmask the characteristics of the 'disciplined time' in the sector of improvement of the fishing company, and to detach the joint of the 'natural time' in the process of capture of the fished one. Leaving of these estimated, it was used the 'disciplined time' and the 'natural time' conceived by Thompson (1975.

  19. Accession to the European Union: Advantage or Disadvantage for Czech Companies?

    Directory of Open Access Journals (Sweden)

    Dušan Litva

    2016-12-01

    Full Text Available In this paper has been studied effects of accession to the EU on Czech companies which were selected and grouped according to 5 parameters: region, legal form, operation area, business sector and size of the company defined by number of employees. Questionnaire containing 14 questions have replied in total 146 respondents. It is possible to conclude that accession to the EU brought more advantages to big global joint- stock companies than to small regional companies which were mostly negative and claimed worsening of business results due to European integration. Most of the 146 respondents asked via questionnaire containing 14 questions did not agree with acceptance of Euro, while those who agreed had been estimated 2020 as ideal year to access Eurozone. Companies in quaternary sector were mostly positive on the opposite to the companies in tertiary sector which were negative. Companies in Prague and Central Bohemia were much more positive towards EU benefits than in rest of the Czech Republic regions.

  20. Developing versus developed companies in Business Excellence initiatives

    DEFF Research Database (Denmark)

    Haffer, Rafal; Kristensen, Kai

    2008-01-01

    The paper reports the advance of Polish companies in Business Excellence initiatives. It indicates how these activities influence their performance. EFQM Excellence Model indicators are used as the evaluation criteria for the study. The performance variable is introduced to ensure the calculation...... of correlations between EFQM model indicators and performance results. The data are next estimated as a structural equation model by partial least squares using SmartPLS software (Ringle et al., 2005). That estimation is conducted on the model of the Danish Business Excellence Index methodology (Kristensen et al...... results from the Business Excellence Model as a proxy for actual financial results in Poland. Data and results from a similar study done in Denmark are also described; thus, a comparison between developing Polish companies and developed Danish ones is included. Poland and Denmark are used as cases of...

  1. Quality analysis of IMR of domestic companies

    Directory of Open Access Journals (Sweden)

    Grubor Aleksandar

    2003-01-01

    Full Text Available Marketing research activities are in function of identification and understanding of the changes in functioning of the world market. For the need of efficient management of international companies performance, based on principles of international marketing, reliable, on time and complete (in other words quality information have crucial importance. Therefore, information based on marketing research represents the initial point of the strategic management decisioning process that guide activities of the company towards better position in the future, having in mind own competitive position and prevailing relations in business environment.

  2. FINANCIAL ANALYSIS FUNDAMENT FOR ASSESSMENT THE COMPANY'S VALUE

    Directory of Open Access Journals (Sweden)

    Goran Karanovic

    2010-06-01

    Full Text Available Lack of capital market development cause that calculating the value of companies in the small markets, such as the Croatian market, is carried out primarily from the analysis of financial statements. Lack of market development is evident from the unrealistic and unobjective corporate values, as result of too small volumeof securities trading in financial markets. The primary financial analysis is the basic method for estimating company value, and represents the foundation for an objective determination of cash flow components that will be discounted. Trought analysis investors are trying to answer the questions such as: status of the assets,liabilities and capital, the dynamics of business enterprises, the level of solvency and liquidity, utilization of fixed assets, contribution of fixed assets in total income, company profitability rates and investment in the company. Investors use financial analysis only as a basis and as a tool to predict the potential for creating new business value.

  3. SAFER - Company Snapshot - SAFER - Company Snapshot

    Data.gov (United States)

    Department of Transportation — The Company Snapshot is a concise electronic record of company identification, size, commodity information, and safety record, including the safety rating (if any),...

  4. Employees motivation in two wood industry companies in Croatia

    Directory of Open Access Journals (Sweden)

    Denis Jelačić

    2016-12-01

    Full Text Available This research analysed the motivating and demotivating factors amongst employees in two wood processing companies in Croatia. Research was conducted over the year 2014 and 2015, during the economic recovery of the companies and Croatian economy in general. Research was conducted with a survey using a questionnaire containing six questions with multiple choice statements. The questions were closed-ended, and respondents used the Likert four-level scale of importance for each statement. A total of 180 employees were surveyed, and results were statistically processed by using the χ2 - test and cluster analysis. This study established that the motivation factors most important to employees between researched companies are significantly different. Employees were most concerned about social needs. Also, employees consider psychological circumstances of work to be very important. Employees’ overall motivation can be linked to higher efficiency and higher quality production and business results, and such research should be conducted more often.

  5. Performance concept through a Service-Dominant Logic in Tunisian manufacturing companies

    Directory of Open Access Journals (Sweden)

    Nejla Kerfai

    2016-06-01

    Full Text Available The purpose of this research is to discuss the meaning and the aims of transitions to Service-Dominant Logic (SDL concept especially in Tunisian manufacturing companies. It also aims to observe the performance perception, measurement and practices by these manufacturing companies. A literature review revealed that SDL share some ideas with other concepts such as corporate social responsibility, resource based view and product service system. Therefore a conceptual model of the transition to SDL in manufacturing companies was proposed. Then an interview-based study was employed to explore the extent of the SDL as well as the performance perception measurement and practices in the Tunisian manufacturing companies. An interview guideline was developed and used in the interviews across some of Tunisian companies. A qualitative data analysis revealed that the studied Tunisian manufacturing companies consider the performance as the combination of Quality-Cost-Time, they uses mostly technical and quality indicators and give importance to practices concerning quality management. The presented results are limited by the low response rate and the small sample size. Since the respondents belong to manufacturing companies, the research results could be only indicative of this type of companies. This research is an attempt to explore the service transitions that many manufacturing companies seek to undertake in order to contribute in the development of manufacturing companies’ networks to provide grounds to be more competitive and preferment.

  6. Cost-estimating for commercial digital printing

    Science.gov (United States)

    Keif, Malcolm G.

    2007-01-01

    The purpose of this study is to document current cost-estimating practices used in commercial digital printing. A research study was conducted to determine the use of cost-estimating in commercial digital printing companies. This study answers the questions: 1) What methods are currently being used to estimate digital printing? 2) What is the relationship between estimating and pricing digital printing? 3) To what extent, if at all, do digital printers use full-absorption, all-inclusive hourly rates for estimating? Three different digital printing models were identified: 1) Traditional print providers, who supplement their offset presswork with digital printing for short-run color and versioned commercial print; 2) "Low-touch" print providers, who leverage the power of the Internet to streamline business transactions with digital storefronts; 3) Marketing solutions providers, who see printing less as a discrete manufacturing process and more as a component of a complete marketing campaign. Each model approaches estimating differently. Understanding and predicting costs can be extremely beneficial. Establishing a reliable system to estimate those costs can be somewhat challenging though. Unquestionably, cost-estimating digital printing will increase in relevance in the years ahead, as margins tighten and cost knowledge becomes increasingly more critical.

  7. Going Global: Key Insights from Two Mexican Companies

    Directory of Open Access Journals (Sweden)

    Martha RIVERA

    2015-12-01

    Full Text Available This paper explores how Mexican companies in different industries have achieved international expansion, while at the same time preserving local elements in executing their strategies. For this initial stage of research, the analysis focuses on two companies: a Grupo Bimbo, the number one company in the bakery industry worldwide and b KidZania, one of the world’s top indoor family entertainment centers. The research methodology is based on in-depth interviews with CEOs and key executives from the two companies done over a period of more than ten years. We have also used secondary data such as press releases and case studies. By contrasting their strategies and comparing them with those of other multinationals like Ford Motor Company and Santander Bank, we identified major issues that we condensed into 10 key insights. Understanding how these companies have struggled and succeeded in gaining international markets can help other companies tailor their own strategies. Our argument is that the typical simplified international expansion process is insufficient when companies need to compete in the global arena. Becoming an MNC implies handling an entire ecosystem: building local presence, establishing joint ventures or alliances with local companies, recruiting local talent, developing new business models, reshaping the value proposition, developing new brands or introducing traditional ones with a local flavor, and understanding the supply chain and routes to market. Therefore, a number of aspects have to be taken into consideration beyond just simply selecting a market. For certain companies in emerging markets, making the decision to grow internationally was not initially in their strategic vision, but economic liberalization in their home country and the threat of being purchased by an MNC from a developed country triggered the decision. There is a learning process in international expansion, and trial and error is common and useful. The

  8. Innovation policy of European chemical companies with special focus on large companies

    Directory of Open Access Journals (Sweden)

    Supriyo Das

    2015-07-01

    Full Text Available According to Arora et alii (1998, the chemical industry is one of the largest and most R&D-intensive manufacturing sectors in all the advanced economies, and its innovative patterns and productivity growth processes can have profound impacts on economic growth as a whole. The European chemical industry supplies virtually all sectors of the economy and accounts for 17.8% of the total sales of chemicals in the world. This paper gives an overview of the European chemical industry and the changing scenario of the world chemical industry by focusing on the top fifteen chemical companies in Europe. It describes the current problems this industry is facing in Europe especially after the economic crisis and shows that the region and the top companies are investing in R&D to bring about innovation and overcome the current challenges. It shows that R&D spending in absolute terms has hardly changed over the years and that the industry is still globally the largest investor in R&D activities. In terms of R&D, BASF has made the greatest investment followed by Bayer and Syngenta, while R&D intensity is highest for Syngenta and Bayer. BASF and Bayer have made most patent applications and have also had the highest number of patents granted. The quality of research in most chemical companies is very high and most of the large European companies make their first patent application in Europe rather than elsewhere. All the large chemical companies use Merger & Acquisition (M&A to gain access to innovation. Industry-academia collaboration is one way to generate innovation in the chemical industry in Europe. Chemical clusters and the geographical distribution of chemical companies play a significant role in generating innovation.

  9. Career Planning Trends in Japanese Companies

    OpenAIRE

    Firkola, Peter

    2005-01-01

    This paper provides an overview of career planning trends in Japanese companies. Research on career development in Japan is first reviewed. Career planning practices in Japanese companies are examined. Factors influencing career planning choice are then discussed. It was found that there appears to be a change occurring in the career planning practices, specifically the shifting of responsibility for an employees' career from the employer to the employee. (JEL Classifi-cation: M12, M54

  10. LOGISTICS ASPECTS OF PRACTICAL MARKETING IN ELECTRICITY COMPANY

    OpenAIRE

    Ewa Moroz

    2008-01-01

    An anonymous questionnaire was presented to employees of an electricity distribution company - Enion Grupa Tauron S.A. – Department Czestochowa. The research, in the part presented in this paper, referred to company-customer relations and to an influence that those relations have on costs and quality of work in the company, mainly in the aspect of employees’ understanding of those connections. In the paper author states the conclusion that suggests implementation of Lean Thinking procedures i...

  11. CREDIT SCORING MODELS IN ESTIMATING THE CREDITWORTHINESS OF SMALL AND MEDIUM AND BIG ENTERPRISES

    Directory of Open Access Journals (Sweden)

    Robert Zenzerović

    2011-02-01

    Full Text Available This paper is focused on estimating the credit scoring models for companies operating in the Republic of Croatia. According to level of economic and legal development, especially in the area of bankruptcy regulation as well as business ethics in the Republic of Croatia, the models derived can be applied in wider region particularly in South-eastern European countries that twenty years ago transferred from state directed to free market economy. The purpose of this paper is to emphasize the relevance and possibilities of particular financial ratios in estimating the creditworthiness of business entities what was realized by performing the research among 110 companies. Along most commonly used research methods of description, analysis and synthesis, induction, deduction and surveys, the mathematical and statistical logistic regression method took the central part in this research. The designed sample of 110 business entities represented the structure of firms operating in Republic of Croatia according to their activities as well as to their size. The sample was divided in two sub samples where the first one consist of small and medium enterprises (SME and the second one consist of big business entities. In the next phase the logistic regression method was applied on the 50 independent variables – financial ratios calculated for each sample unit in order to find ones that best discriminate financially stable from unstable companies. As the result of logistic regression analysis, two credit scoring models were derived. First model include the liquidity, solvency and profitability ratios and is applicable for SME’s. With its classification accuracy of 97% the model has high predictive ability and can be used as an effective decision support tool. Second model is applicable for big companies and include only two independent variables – liquidity and solvency ratios. The classification accuracy of this model is 92,5% and, according to criteria of

  12. 76 FR 16764 - Crane & Company; Notice of Application Tendered for Filing With the Commission and Soliciting...

    Science.gov (United States)

    2011-03-25

    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Project No. 13583-001] Crane & Company... c. Date filed: March 9, 2011 d. Applicant: Crane & Company e. Name of Project: Byron Weston... connected to the Crane & Company mill complex. The proposed project is estimated to generate an average of...

  13. THE ROLE AND IMPORTANCE OF COMPANY CRISIS DIAGNOSIS IN ANTI-CRISIS MANAGEMENT

    OpenAIRE

    Klodane, Alona

    2016-01-01

    Nowadays, under a free market, crises at companies are a frequent phenomenon; however, anti-crisis management and related aspects are currently a little researched problem in Latvia. The research aim is to examine the nature of company crisis diagnosis and its role and importance in the anti-crisis management system. The research general tasks are: to describe the nature of company crisis diagnosis and review the scope, purpose and tasks of performing a diagnosis; to examine the role and impo...

  14. Beyond "medical tourism": Canadian companies marketing medical travel

    Science.gov (United States)

    2012-01-01

    Background Despite having access to medically necessary care available through publicly funded provincial health care systems, some Canadians travel for treatment provided at international medical facilities as well as for-profit clinics found in several Canadian provinces. Canadians travel abroad for orthopaedic surgery, bariatric surgery, ophthalmologic surgery, stem cell injections, “Liberation therapy” for multiple sclerosis, and additional interventions. Both responding to public interest in medical travel and playing an important part in promoting the notion of a global marketplace for health services, many Canadian companies market medical travel. Methods Research began with the goal of locating all medical tourism companies based in Canada. Various strategies were used to find such businesses. During the search process it became apparent that many Canadian business promoting medical travel are not medical tourism companies. To the contrary, numerous types of businesses promote medical travel. Once businesses promoting medical travel were identified, content analysis was used to extract information from company websites. Company websites were analyzed to establish: 1) where in Canada these businesses are located; 2) the destination countries and health care facilities that they market; 3) the medical procedures they promote; 4) core marketing messages; and 5) whether businesses market air travel, hotel accommodations, and holiday tours in addition to medical procedures. Results Searches conducted from 2006 to 2011 resulted in identification of thirty-five Canadian businesses currently marketing various kinds of medical travel. The research project began with what seemed to be the straightforward goal of establishing how many medical tourism companies are based in Canada. Refinement of categories resulted in the identification of eighteen businesses fitting the category of what most researchers would identify as medical tourism companies. Seven other

  15. INNOVATION DEVELOPMENT MANAGEMENT IN VERTICALLY INTEGRATED HOLDING COMPANY

    Directory of Open Access Journals (Sweden)

    Natalya T. Uspenskaja

    2015-01-01

    Full Text Available The trend towards production consolidation and integration processes taking place both in the Russian and global economies leads to development of business associations, with a holding company being the most common form inRussiaand around the globe. The evidence in favor of the formation of holding companies is that they can benefit from the scale (bulk purchasing, centralized stuff training; in the global capital and exports markets they can be more effective than smaller businesses and, if non-profitable, a loss-making structure is easier to liquidate than the entire company; holding companies and associations can be an effective defender from political interference. As the importance of the well-functioning and harmonized procedure for the companies’ integration will increase (especially in the context of Russian business, where specific features of many areas of the production system imply the use of holding oligopolies as the most effective form of market structures, there is a need in their more profound study and, in particular, in the analysis of the most important technologies of the general integration procedure. The article outlines the relevance of innovative development management of vertically integrated holding systems, lists principles of innovative activity management and considers the features of innovation management of a vertically integrated holding company. The objective of the research is to study theoretical and practical aspects of innovative development management in vertically integrated holding systems. The object of research is management structures in innovative holding companies. While working on the article, the following methods of economic research were used: abstract and logical method, empirical method, method of expert evaluations, as well as methods of structural and functional and statistical analysis. 

  16. Data envelopment analysis with uncertain data: An application for Iranian electricity distribution companies

    International Nuclear Information System (INIS)

    Sadjadi, S.J.; Omrani, H.

    2008-01-01

    This paper presents Data Envelopment Analysis (DEA) model with uncertain data for performance assessment of electricity distribution companies. During the past two decades, DEA has been widely used for benchmarking the electricity distribution companies. However, there is no study among many existing DEA approaches where the uncertainty in data is allowed and, at the same time, the distribution of the random data is permitted to be unknown. The proposed method of this paper develops a new DEA method with the consideration of uncertainty on output parameters. The method is based on the adaptation of recently developed robust optimization approaches proposed by Ben-Tal and Nemirovski [2000. Robust solutions of linear programming problems contaminated with uncertain data. Mathematical Programming 88, 411-421] and Bertsimas et al. [2004. Robust linear optimization under general norms. Operations Research Letters 32, 510-516]. The results are compared with an existing parametric Stochastic Frontier Analysis (SFA) using data from 38 electricity distribution companies in Iran to show the effects of the data uncertainties on the performance of DEA outputs. The results indicate that the robust DEA approach can be a relatively more reliable method for efficiency estimating and ranking strategies

  17. Research on service strategy of electricity selling company under the reform of electricity market

    Science.gov (United States)

    Long, Zhuhan; Meng, Shiyu; Dou, Jinyue; Zeng, Ming; Sun, Chenjun

    2017-10-01

    The opening of the sale side of electricity market is an important goal of the new round of power system reform in China, and it is necessary to speed up the establishment and development of the electricity selling companies to achieve this goal. First of all, this paper defines the key problems, which are needed to be solved in the establishment of the sale side market, such as demand side response, optimization of users' power consumption mode, profit mode of electricity selling companies and fair competition in the market. On this basis, this paper analyzes the business of electricity selling company, from the aspects of the transition of business ideas, improving the energy efficiency level, providing integrated energy solutions and innovating business management mode; and then, the service strategies of electricity selling companies are put forward.

  18. Estimating Maintenance Cost for Web Applications

    Directory of Open Access Journals (Sweden)

    Ion IVAN

    2016-01-01

    Full Text Available The current paper tackles the issue of determining a method for estimating maintenance costs for web applications. The current state of research in the field of web application maintenance is summarized and leading theories and results are highlighted. The cost of web maintenance is determined by the number of man-hours invested in maintenance tasks. Web maintenance tasks are categorized into content maintenance and technical maintenance. Research is centered on analyzing technical maintenance tasks. The research hypothesis is formulated on the assumption that the number of man-hours invested in maintenance tasks can be assessed based on the web application’s user interaction level, complexity and content update effort. Data regarding the costs of maintenance tasks is collected from 24 maintenance projects implemented by a web development company that tackles a wide area of web applications. Homogeneity and diversity of collected data is submitted for debate by presenting a sample of the data and depicting the overall size and comprehensive nature of the entire dataset. A set of metrics dedicated to estimating maintenance costs in web applications is defined based on conclusions formulated by analyzing the collected data and the theories and practices dominating the current state of research. Metrics are validated with regards to the initial research hypothesis. Research hypothesis are validated and conclusions are formulated on the topic of estimating the maintenance cost of web applications. The limits of the research process which represented the basis for the current paper are enunciated. Future research topics are submitted for debate.

  19. Venture capital and efficiency of portfolio companies

    Directory of Open Access Journals (Sweden)

    A. Thillai Rajan

    2010-12-01

    Full Text Available Venture Capital (VC has emerged as the dominant source of finance for entrepreneurial and early stage businesses, and the Indian VC industry in particular has clocked the fastest growth rate globally. Academic literature reveals that VC funded companies show superior performance to non VC funded companies. However, given that venture capitalists (VCs select and fund only the best companies, how much credit can they take for the performance of the companies they fund? Do the inherent characteristics of the firm result in superior performance or do VCs contribute to the performance of the portfolio company after they have entered the firm? A panel that comprised VCs, an entrepreneur and an academic debated these and other research questions on the inter-relationships between VC funding and portfolio firm performance. Most empirical literature indicates that the value addition effect dominates the selection effect in accounting for the superior performance of VC funded companies. The panel discussion indicates that the context as well as the experience of the General Partners in the VC firms can influence the way VCs contribute to the efficiency of their portfolio companies.

  20. Self-perception of ethical behaviour: The case of listed Spanish companies

    Directory of Open Access Journals (Sweden)

    Maria José García López

    2016-02-01

    Full Text Available Purpose: This article aims to research into the perception that companies have of their ethical behavior. Design/methodology/approach: A questionnaire was conducted in June 2014 among the listed companies that comprise the IBEX35 index of Spanish stock exchanges. For the statistical analysis, contingency tables (double entry were drawn up as well and several statistical tests (Cramer’s V, Pearson’s x2, Kendall’s correlation coefficient; and Goodman and Kruskal’s Gamma. Findings: The results show the self-perception that listed Spanish companies have of their ethical behaviour, with the observation that, generally, they have a greater perception than the reality of the study actually shows. Research limitations: Main limitations are that the sample size is small, although it includes the largest listed companies in the country. Respondents were essentially the Corporate Social Responsibility managers, so they may not be familiar with some of the subjects on which they were questioned, as we are dealing with large companies where responsibilities may be very compartmentalised. Practical implications: This line of research helps to know more about the self perception of big Spanish listed companies about their ethical behavior. Social implications: The evidence provided by this study helps to know more about aspects than can be improved in connection the ethical behavior in companies. Recent scandals make the topic very relevant from a social point of view. Originality/value: In recent years there has been much talk about the ethics of organisations and studies on the subject are plentiful. However, there has been scarcely any research into the perception that companies themselves have of their ethical behaviour.

  1. COMPARATIVE ANALYSIS OF INNOVATION ASPECT EVIDENCE IN CONSTRUCTION AND MULTI-SECTOR COMPANIES

    Directory of Open Access Journals (Sweden)

    Ricardo Floriani

    2010-12-01

    Full Text Available The goal of this study is to make a comparative analysis of innovation aspect evidence among construction and multi-sector companies. Descriptive research was done through a content analysis of administration reports from 2005 to 2007. From the researched material, 14 aspects of innovations were extracted, which offer the basis to the content analysis. Two non-probability samples were developed, the first consisting of 22 multi-sector businesses, within 18 economic sectors, which comprises the companies in the comparison. Aspects of innovation found in this group of companies were compared to those stated in the reports of the administration of the 34 construction companies with open capital, which comprise the second sample. The survey results show that the evidence of innovation aspects are different in construction companies when compared to the administration reports of multi-sector business of 2005, 2006 and 2007. The construction companies state fewer innovation aspects in the administration reports than multisector companies in the analyzed period. The conclusion is that while construction companies can be considered fairly innovative, multi-sectorial companies present more innovations on average.

  2. Incidence and mortality by cancer among French nuclear workers of contracting companies

    International Nuclear Information System (INIS)

    Guerin, S.; Haddy, N.; Giardini, M.; Paoletti, C.; De Vathaire, F.

    2006-01-01

    Full text of publication follows: Current radiation protection standards of occupationally exposed workers are based on an extrapolation of cancer risks estimates derived from studies of the survivors of atomic bombings in Hiroshima and Nagasaki. In order to confirm these standards, International Agency for Research Cancer coordinated a retrospective cohort study to estimate the risk of cancer death after low-level exposure to gamma-ray, in a worldwide population of 400 000 nuclear industry workers in 15 countries. Methods: The present study is part of the international study and includes about 13,000 French nuclear industry workers of 10 contracting companies and subsidiary companies. This study was restricted to workers who wore a radiation dosimeter or badge. Contracting companies were selected on the basis of at least 100 workers in activity in 1996. A retrospective cohort was constituted. For each worker, we collected data concerning personal identifiers, occupational history, exposure history, vital status and cause of death. In order to guarantee the reliability of dosimetry data, we confronted monthly doses of X and gamma rays obtained from each company with monthly doses obtained from the National Institute of Radio Protection (I.R.S.N.). The cut off date was the 31 December of 2000. An incidence study is running within this cohort. Data relatives to poly-exposures, incident cancers and other pathologies, have being collected through a questionnaire form. Results: A total of 12,690 workers were included in the cohort, 1,457 could not be identified. Among the 11,233 identified workers, 280 deaths were recorded and 36% of them were cancer. Most of the workers were men (96%) and the median age at cut off date was equal to 41 years old. Only 25% of workers were exposed seven years or more. The median cumulative dose was equal to 3.1 mSv and 25% of workers had a cumulative dose superior to 22 mSv. Conclusion: Median cumulative dose was lower than expected as

  3. Perceptions of corporate social responsibility in Australian forestry companies

    NARCIS (Netherlands)

    Gordon, Melissa; Lockwood, Michael; Hanson, Dallas; Vanclay, Frank; Schirmer, Jacki

    2014-01-01

    To date, limited research has been conducted investigating forest company employee views about corporate social responsibility (CSR). We interviewed 19 employees within two forest companies in Australia. Employees mostly understood CSR as an approach to business not purely focused on financial

  4. How tobacco companies ensure prime placement of their advertising and products in stores: interviews with retailers about tobacco company incentive programmes.

    Science.gov (United States)

    Feighery, E C; Ribisl, K M; Clark, P I; Haladjian, H H

    2003-06-01

    About 81% of cigarette manufacturers' marketing expenditures in the USA is spent to promote cigarette sales in stores. Relatively little is known about how these expenditures help the manufacturers achieve their marketing goals in stores. A better understanding of how tobacco companies influence the retail environment would help researchers and tobacco control activists to monitor industry presence in stores. To describe the types of tobacco company incentive programmes offered to retailers, how these programmes impact the store environments, and possible visual indicators of retailer participation in incentive programmes. In-depth qualitative interviews with a convenience sample of 29 tobacco retailers were conducted in 2001. USA. The types and requirements of retailer incentive programmes provided by tobacco companies, and how participation in a programme alters their stores. The retailers provided insights into how tobacco companies convey promotional allowances and special offers to them and how these incentives shape the retail environment. Retailers noted that tobacco companies exert substantial control over their stores by requiring placement of products in the most visible locations, and of specific amounts and types of advertising in prime locations in the store. Retailers also described how tobacco companies reduce prices by offering them volume based discounts, "buy two, get one free" specials, and "buying down" the price of existing product. Tobacco companies are concentrating their marketing dollars at the point-of-sale to the extent that the store is their primary communication channel with customers. As a result, all shoppers regardless of age or smoking status are exposed to pro-smoking messages. Given the financial resources spent by tobacco companies in stores, this venue warrants closer scrutiny by researchers and tobacco control advocates.

  5. Strategies of Dividend policy of the companies listed on the Warsaw Stock Exchange

    Directory of Open Access Journals (Sweden)

    Jabłoński Bartłomiej

    2015-06-01

    Full Text Available Research into the determinants of companies’ decisions about paying out dividends, which has been described in the Polish specialist literature, concentrates mainly on the dividends actually paid out. The research presented in the article refers to declarations of the companies included in their dividend policies. The aim of the article is to present an attitude to dividend policy exhibited by the companies listed on the Warsaw stock exchange. A particular attempt was made at identifying various formulas of constructing dividend policies by the companies and the declared conditions for dividend payments and their amounts. 118 dividend companies took part in the research and they were selected from among the companies listed on the Warsaw stock exchange in the years 2006-2012. The authors have analysed the dividend policy of the companies in terms of its components and the way it was formulated, as well as the determinants of decisions about dividend payments declared by the companies. The results of the analysis were referred to the types of strategies of the dividend policy presented in the specialist literature. The research results indicate that the boards of many companies do not consider formulating and publicising the principles of making dividend payments to be a relevant area of investor relations. The dividend policy of the companies is usually formulated too generally, with the use of general statements. Satisfying capital needs for the planned development processes appears to be a basic determinant of the distribution of profit, which is why residual dividend policy is prevalent in the analysed companies.

  6. ROMANIAN PERSPECTIVE ON CUSTOMER LOYALTY FOR DIRECT SELLING COMPANIES

    Directory of Open Access Journals (Sweden)

    Claudia BOBALCA

    2014-09-01

    Full Text Available The purpose of the research is to investigate Romanian direct sellers’ perceptions on customers’ loyalty. The research objectives are: (1 to identify the direct sellers’ perceptions on the concept of loyalty; (2 to identify the main loyalty techniques that direct sellers use in their work with the clients; (3 to frame the portrait of a loyal customer. As a research method, we used qualitative research based on depth interviews. It is an exploratory and instrumental research, the results being used for building a questionnaire for a future survey. The investigated population is represented by direct selling women, with ages beteeen 19 and 30 years. For direct sellers, loyalty is an attitude and also a behavior, it means buying from the same company, from the same seller and preferring the products of the company. The main loyalty techniques that direct sellers use in their work with the clients are: promotional actions, personalization the relation with the client and offering stimulants. The loyal customer is the one who buys companies’ products every month or at least quarterly, spends a monthly amount of 100 Ron on these products, works with the same seller, pays on time for the order, doesn’t look only after promotions, loves the products, recommends the company to others, doesn’t return the order, wants to buy more products from the company and trusts its products.

  7. An Overview Of Tool For Response Action Cost Estimating (TRACE)

    International Nuclear Information System (INIS)

    Ferries, S.R.; Klink, K.L.; Ostapkowicz, B.

    2012-01-01

    Tools and techniques that provide improved performance and reduced costs are important to government programs, particularly in current times. An opportunity for improvement was identified for preparation of cost estimates used to support the evaluation of response action alternatives. As a result, CH2M HILL Plateau Remediation Company has developed Tool for Response Action Cost Estimating (TRACE). TRACE is a multi-page Microsoft Excel(reg s ign) workbook developed to introduce efficiencies into the timely and consistent production of cost estimates for response action alternatives. This tool combines costs derived from extensive site-specific runs of commercially available remediation cost models with site-specific and estimator-researched and derived costs, providing the best estimating sources available. TRACE also provides for common quantity and key parameter links across multiple alternatives, maximizing ease of updating estimates and performing sensitivity analyses, and ensuring consistency.

  8. Canadian medical tourism companies that have exited the marketplace: Content analysis of websites used to market transnational medical travel

    Science.gov (United States)

    2011-01-01

    Background Medical tourism companies play an important role in promoting transnational medical travel for elective, out-of-pocket medical procedures. Though researchers are paying increasing attention to the global phenomenon of medical tourism, to date websites of medical tourism companies have received limited scrutiny. This article analyzes websites of Canadian medical tourism companies that advertised international healthcare but ultimately exited the marketplace. Using content analysis of company websites as an investigative tool, the article provides a detailed account of medical tourism companies that were based in Canada but no longer send clients to international health care facilities. Methods Internet searches, Google Alerts, searches on Google News Canada and ProQuest Newsstand, and searches of an Industry Canada database were used to locate medical tourism companies located in Canada. Once medical tourism companies were identified, the social science research method of content analysis was used to extract relevant information from company websites. Company websites were analyzed to determine: 1) where these businesses were based; 2) the destination countries and medical facilities that they promoted; 3) the health services they advertised; 4) core marketing messages; and 5) whether businesses marketed air travel, hotel accommodations, and holiday excursions in addition to medical procedures. Results In total, 25 medical tourism companies that were based in Canada are now defunct. Given that an estimated 18 medical tourism companies and 7 regional, cross-border medical travel facilitators now operate in Canada, it appears that approximately half of all identifiable medical tourism companies in Canada are no longer in business. 13 of the previously operational companies were based in Ontario, 7 were located in British Columbia, 4 were situated in Quebec, and 1 was based in Alberta. 14 companies marketed medical procedures within a single country, 9

  9. Canadian medical tourism companies that have exited the marketplace: Content analysis of websites used to market transnational medical travel.

    Science.gov (United States)

    Turner, Leigh

    2011-10-14

    Medical tourism companies play an important role in promoting transnational medical travel for elective, out-of-pocket medical procedures. Though researchers are paying increasing attention to the global phenomenon of medical tourism, to date websites of medical tourism companies have received limited scrutiny. This article analyzes websites of Canadian medical tourism companies that advertised international healthcare but ultimately exited the marketplace. Using content analysis of company websites as an investigative tool, the article provides a detailed account of medical tourism companies that were based in Canada but no longer send clients to international health care facilities. Internet searches, Google Alerts, searches on Google News Canada and ProQuest Newsstand, and searches of an Industry Canada database were used to locate medical tourism companies located in Canada. Once medical tourism companies were identified, the social science research method of content analysis was used to extract relevant information from company websites. Company websites were analyzed to determine: 1) where these businesses were based; 2) the destination countries and medical facilities that they promoted; 3) the health services they advertised; 4) core marketing messages; and 5) whether businesses marketed air travel, hotel accommodations, and holiday excursions in addition to medical procedures. In total, 25 medical tourism companies that were based in Canada are now defunct. Given that an estimated 18 medical tourism companies and 7 regional, cross-border medical travel facilitators now operate in Canada, it appears that approximately half of all identifiable medical tourism companies in Canada are no longer in business. 13 of the previously operational companies were based in Ontario, 7 were located in British Columbia, 4 were situated in Quebec, and 1 was based in Alberta. 14 companies marketed medical procedures within a single country, 9 businesses marketed health care

  10. Canadian medical tourism companies that have exited the marketplace: Content analysis of websites used to market transnational medical travel

    Directory of Open Access Journals (Sweden)

    Turner Leigh

    2011-10-01

    Full Text Available Abstract Background Medical tourism companies play an important role in promoting transnational medical travel for elective, out-of-pocket medical procedures. Though researchers are paying increasing attention to the global phenomenon of medical tourism, to date websites of medical tourism companies have received limited scrutiny. This article analyzes websites of Canadian medical tourism companies that advertised international healthcare but ultimately exited the marketplace. Using content analysis of company websites as an investigative tool, the article provides a detailed account of medical tourism companies that were based in Canada but no longer send clients to international health care facilities. Methods Internet searches, Google Alerts, searches on Google News Canada and ProQuest Newsstand, and searches of an Industry Canada database were used to locate medical tourism companies located in Canada. Once medical tourism companies were identified, the social science research method of content analysis was used to extract relevant information from company websites. Company websites were analyzed to determine: 1 where these businesses were based; 2 the destination countries and medical facilities that they promoted; 3 the health services they advertised; 4 core marketing messages; and 5 whether businesses marketed air travel, hotel accommodations, and holiday excursions in addition to medical procedures. Results In total, 25 medical tourism companies that were based in Canada are now defunct. Given that an estimated 18 medical tourism companies and 7 regional, cross-border medical travel facilitators now operate in Canada, it appears that approximately half of all identifiable medical tourism companies in Canada are no longer in business. 13 of the previously operational companies were based in Ontario, 7 were located in British Columbia, 4 were situated in Quebec, and 1 was based in Alberta. 14 companies marketed medical procedures within a

  11. Do companies experiment with business model configurations? Evidence from the medico-tech industry

    DEFF Research Database (Denmark)

    Montemari, Marco; Thomsen, Peter; Schaper, Stefan

    of the research sample, which contains 80 companies from several industry segments and of certain value chain positions. In some of these segments the number of companies is particularly limited (e.g. virtual reality, sensory, etc.). Practical implications – The paper presents a process useful for companies...... distinct BM configurations according to Taran et al.’s (2016) 5-V ontology in 80 companies in the medical-technology industry. The mapping tool is used in a content analysis format. Four researchers took part in the mapping exercise to ensure reliability of the results. Findings – Companies operating...

  12. Integrated Marketing Strategies of German Companies : Start-Ups vs. Global Brands

    OpenAIRE

    Kostin, Irina

    2016-01-01

    The purpose of this bachelor's thesis is to find out and analyze different marketing strategies of German fashion companies. The main part is comparing relatively young start-up companies to established companies and analyzing to what extent the strategies differ. The methodology used in this paper were semi-structured expert interviews with German start-up companies. The results were analyzed and compared to the secondary research on the big global German companies. The findings showed that ...

  13. Determining Factors for Delisting of Companies Listed on BM&FBOVESPA

    Directory of Open Access Journals (Sweden)

    Patricia Maria Bortolon

    2015-08-01

    Full Text Available Traditionally, the capital market has attracted the interest of scholars and researchers, motivated to understand the process of going public and trading securities of companies on a stock exchange. In this research context, an aspect had been neglected, something which indi cates a gap in the body of knowledge about the capital market and corporate governance: delisting of companies. We aim to identify the determining factors for delisting companies from the Commodity & Futures Exchange BOVESPA (BM&FBOVESPA. Methodologically, this research has related a set of variables collected from secondary data available on the database of the Securities Commission of Brazil (CVM, BM&FBOVESPA, and Economatica. By analyzing 227 listing cancellations, between 2001 and 2012, the results indicate that de listing of companies from BM&FBOVESPA is determined by the following factors: (i greater concentration of ownership and control; (ii lower free float; (iii lower liquidity of shares; (iv greater availability of cash; and (v larger size. The fact that the controlling shareholder is a public or private company determines significant differences in the decision to delist. While in the first case cash availability is the most important factor, in the second liquidity is the main determining factor for delisting. From the academic viewpoint, this research extends the studies on delisting, still incipient in the Brazilian capital market context. For the capital market, identifying the characteristics of companies prone to cancel listing may prevent investors concerned about inherent risks at the time of acquiring shares by the controlling group interested in delisting.

  14. CSR and technology companies: A study on its implementation, integration and effects on the competitiveness of companies

    Directory of Open Access Journals (Sweden)

    Juan Andres Bernal-Conesa

    2016-11-01

    Full Text Available Purpose: In this paper, a structural equation model is presented in order to explain the motivations of implementing Corporate Social Responsibility (CSR in Spanish technology companies and its linkage with others standardized management systems before CSR implementation. It also examines whether CSR influences the competitiveness of these companies. Design/methodology/approach: The study was conducted in companies located in Spanish Science and Technology Parks. For this study, a survey was sent and structural equation model was used. Findings and Originality/value: Model results show that there is a positive, direct and statistically significant relationship between the motivations, previous management systems, implementation of CSR and the real integration of CSR in the organization. Research limitations/implications: Limitations are determined by the technique used for the proposed model: structural equations, which assume linearity of the relationship between latent variables. Practical implications: Companies can use the results of this study as a foothold to enhance the integration of CSR based on previous management systems and take advantage of synergies between them, since the integration of CSR has a direct relationship with the competitiveness of the company. Originality/value: The link between the motivations of CSR, CSR actions and their integration in technology companies are reliably and empirically demonstrated.

  15. Capability maturity models in engineering companies: case study analysis

    Directory of Open Access Journals (Sweden)

    Titov Sergei

    2016-01-01

    Full Text Available In the conditions of the current economic downturn engineering companies in Russia and worldwide are searching for new approaches and frameworks to improve their strategic position, increase the efficiency of the internal business processes and enhance the quality of the final products. Capability maturity models are well-known tools used by many foreign engineering companies to assess the productivity of the processes, to elaborate the program of business process improvement and to prioritize the efforts to optimize the whole company performance. The impact of capability maturity model implementation on cost and time are documented and analyzed in the existing research. However, the potential of maturity models as tools of quality management is less known. The article attempts to analyze the impact of CMM implementation on the quality issues. The research is based on a case study methodology and investigates the real life situation in a Russian engineering company.

  16. Cost estimation for decommissioning of research reactors

    International Nuclear Information System (INIS)

    Grossi, Pablo Andrade; Tello, Cledola Cassia Oliveira de; Segabinaze, Roberto de Oliveira; Daniska, Vladimir

    2013-01-01

    In the case of research reactors, the limited data that is available tends to provide only overall decommissioning costs, without any breakdown of the main cost elements. In order to address this subject, it is important to collect and analyse all available data of decommissioning costs for the research reactors. The IAEA has started the DACCORD Project focused on data analysis and costing of research reactors decommissioning. Data collection is organized in accordance with the International Structure for Decommissioning Costing (ISDC), developed jointly by the IAEA, the OECD Nuclear Energy Agency and the European Commission. The specific aims of the project include the development of representative and comparative data and datasets for preliminary costing for decommissioning. This paper will focus on presenting a technique to consider several representative input data in accordance with the ISDC structure and using the CERREX (Cost Estimation for Research Reactors in Excel) software developed by IAEA. (author)

  17. Customer Relationship Management System in Occupational Safety & Health Companies: Research on Practice and Preliminary Design Solution

    Directory of Open Access Journals (Sweden)

    Robert Fabac

    2011-10-01

    Full Text Available One of the most prominent contemporary trends in formation of companies is the approach to development of a customer-oriented company. In this matter, various versions related to the intensity of this orientation are differentiated. Customer relationship management (CRM system is a well-known concept, and its practice is being studied and improved in connection to various sectors. Companies providing services of occupational safety and health (OHS mainly cooperate with a large number of customers and the quality of this cooperation largely affects the occupational safety and health of employees. Therefore, it is of both scientific and wider social interest to study and improve the relationship of these companies with their customers. This paper investigates the practice of applying CRM in Croatian OHS companies. It identifies the existing conditions and suggests possible improvements in the practice of CRM, based on experts’ assessments using analytic hierarchy process evaluation. Universal preliminary design was created as a framework concept for the formation of a typical customer-oriented OHS services company. Preliminary design includes a structural view, which provides more details through system diagrams, and an illustration of main cooperation processes of a company with its customer.

  18. Influential variables in the profitability of hospital companies

    Directory of Open Access Journals (Sweden)

    Judit Creixans

    2018-02-01

    Full Text Available Purpose: This study attempts to evidence the economic and financial health of Spanish hospital companies in the period 2008-2015 and discover the variables that explain their profitability for survival and the opportune performance of their assets during a period of technological revolution and austerity. Design/methodology: The study methodology consists of the short and long-term financial analysis of the companies in the study sample during the period 2008-2015, together with analysis is of their economic state, equity and treasury. To add value to the research, the profitability of the hospital companies has been explained in terms of the following independent variables: short-term solvency, debt, business size, legal form, GDP per capita, population density of and indicators of Corporate Social Responsibility. Findings: In the analyzed period, the economic and financial health of hospital companies is characterized by acceptable liquidity and indebtedness that significantly influence its profitability; this is accompanied by good financial and expenditure management, though it is necessary to improve the management of assets. Research limitations/implications: It was not possible to obtain data for 2016, as it was not available in the database used (SABI. These data would have been useful to evaluate the changes in trends that are taking place in the health sector due to the technological revolution and economic policies affecting it. Practical implications: The health sector is one of the pillars on which society is based, and therefore knowing detailed economic and financial information allows us to make appropriate decisions, both on the hospital level and in terms of the economic policies of governments. Social implications: This study provides evidence of the financially relevant indicators that healthcare companies must control for their survival and to provide proper service to society in general. The research also identifies non

  19. [INDENA SPA company's patent portfolio of Ginkgo biloba preparation].

    Science.gov (United States)

    Wang, Nan; Guo, Kai; Cheng, Xin-min; Liu, Wei

    2015-10-01

    INDENA SPA Company in Italy is a multi-national company that produces and sells plant extracts. Based on its own re- search advantages in the field of Ginkgo biloba preparation, the company protects its own products market effectively through building patent portfolio around the patents of its opponent. Based on the multi-angle analysis for patent portfolio of G. biloba preparation from the aspects of application time, legal status, technical development route, and patent portfolio layout, this article provides technical reference on research and development of G. biloba preparation, and the author suggest that Chinese applicants learn techniques and layout experiences of other patents fully to enhance the level of research and patent protection level.

  20. TIME MANAGEMENT AND ITS IMPLEMENTATION AT PRODUCTION COMPANIES

    Directory of Open Access Journals (Sweden)

    Yurii Safonov

    2017-11-01

    Full Text Available The purpose and objectives. Time management is still not a very popular element in many enterprises, while its implementation significantly increases staff productivity and, ultimately, the effectiveness of the company. For this reason, the purpose of the article is to promote time management in a business environment by providing specific tools, principles, methods and systems, and to show its importance to the company and describe the influence of time management for the enterprise. Methods. The study used a generalization, systematization, empirical research, systematic and logical approach to the development of theoretical and methodological provisions for instrumental support management performance of the industrial enterprise. Results. Time management is one of the most important strategic tools of the modern manager. It can help both existing companies and companies that are just launched (the project. Practical implications. The current goal of time management as a mechanism to improve the efficiency of the company. Value/originality. To implement it, the company offered a popular time management system, allowing the company to increase the effectiveness of its activities.

  1. Analysis of Expatriation Process in a Slovenian Company

    Directory of Open Access Journals (Sweden)

    Pintar Rok

    2017-02-01

    Full Text Available Background and Purpose: The multinational companies require different approach of human resource management to achieve their goals. The reason is in employees who are working abroad, so-called expatriates. The purpose of the research is to investigate perceptions and experience of the expatriates working in one of the Slovenian multinational company.

  2. Knowledge sharing through social media: Investigating trends and technologies in a global marketing and advertising research company

    Directory of Open Access Journals (Sweden)

    Dina Adamovic

    2012-02-01

    Full Text Available Background: The purpose of this study was to investigate social media technology trends in Nielsen – a global information and measurement company – and to establish how these technologies can help the company to create a knowledge-sharing culture.Objective: The objective of this study was to investigate trends in knowledge-sharing technologies in Nielsen.Method: The researchers distributed semi-structured questionnaires to a sample of employees in Nielsen’s Television Audience Measurement Department. They also conducted interviews with specific employees in this department to gain a better understanding of employees’ attitudes toward, and perceptions of, the use of social media tools for creating a knowledgesharing culture at Nielsen. The researchers validated the data to see whether it could support the research and used triangulation to create a holistic view of the data they received from the questionnaires.Results: The findings of the study revealed that respondents had a positive attitude to sharing knowledge with one another through using social media tools. However, some respondents thought that technology, in general, was ‘the tree of good and evil’. The survey findings showed that Nielsen did have social media tools. However, not all employees were aware of these tools or were willing to use the tools to share knowledge. This study highlighted the possible advantages of the social media for sharing knowledge and how Nielsen could use the tools more widely.Conclusion: In order for a knowledge sharing culture to thrive at Nielsen, its employees need to engage more with social media tools in their business practices. 

  3. ANALYSIS OF SCIENTIFIC RESEARCHES IN PHARMACEUTICAL PROMOTION GLOBALLY: TOWARDS INTERNATIONALLY DEVELOPING PRACTICALLY-ORIENTED GUIDELINES FOR PHARMACEUTICAL COMPANIES

    Directory of Open Access Journals (Sweden)

    M. M. Bahlol

    2016-01-01

    Full Text Available Purpose. Pharmaceutical industry is transnational and globally important. Many pharmaceutical companies operate their business in multinational and international forms in different countries. Diverse researches from different countries indicated and confirmed marketing promotion importance in pharmaceutical field. Therefore, marketing promotion and its effects are a very important issue that should be globally investigated in real life and evidence context. We oriented our research according to these scientific and practical values.Methodology. We reviewed pharmaceutical marketing promotion researches from more than 25 different countries, e.g., USA, Canada, Italy, France, Russia, India, Egypt and Syria where we employed our knowledge of three widely spread languages, i.e., English, Russian and Arabic. Such language variation supports us with large and variable amount of scientific knowledge, deep understanding and ability of analysis. Some studies investigated average response to pharmaceutical marketing promotion and few studies took into consideration heterogeneity in their effects with respect to advertising medium or drug characteristics.Originality. We investigated empirical evidences of pharmaceutical marketing promotion that can be directed to either consumer or healthcare professionals.Findings. We extracted, gathered and associated information of pharmaceutical promotion globally which oriented us to several evidence and practical facts with regard to employing promotion tools in different definite situations pertinent to main directions; their welfare and health enhancing effects and adverse effects. Practical Implications- Consequently, we developed practically-oriented guidelines for companies concerning pharmaceutical promotion globally ate the end of this paper.

  4. IMPLEMENTATION OF QUALITATIVE RULES IN COMPANY`S INFORMATION MANAGEMENT

    Directory of Open Access Journals (Sweden)

    Anna WOLNOWSKA

    2012-07-01

    Full Text Available In the article there were presented chosen issues of quality management. Important role of information and work processes in companies were emphasized . Based on eight rules of quality management, TQM standards and ideas of discipline pioneers like Deming, Juran, Crosby and Shewart, author has constructed way of using chosen rules and assumptions to company`s information circulation. Analogy, suggested by author, has not only emphasized importance of information as a company`s resource, but also has pointed to possibility of improving ways of managing this information.

  5. French scientists offered time to set up companies

    CERN Document Server

    Butler, D

    1999-01-01

    The French minister of national education, research and technology announced that French researchers working for public research institutes and universities are to be offered up to six years sabbatical leave to set up their own companies (11 para)

  6. Grading the probabilities of credit default risk for Malaysian listed companies by using the KMV-Merton model

    Science.gov (United States)

    Anuwar, Muhammad Hafidz; Jaffar, Maheran Mohd

    2017-08-01

    This paper provides an overview for the assessment of credit risk specific to the banks. In finance, risk is a term to reflect the potential of financial loss. The risk of default on loan may increase when a company does not make a payment on that loan when the time comes. Hence, this framework analyses the KMV-Merton model to estimate the probabilities of default for Malaysian listed companies. In this way, banks can verify the ability of companies to meet their loan commitments in order to overcome bad investments and financial losses. This model has been applied to all Malaysian listed companies in Bursa Malaysia for estimating the credit default probabilities of companies and compare with the rating given by the rating agency, which is RAM Holdings Berhad to conform to reality. Then, the significance of this study is a credit risk grade is proposed by using the KMV-Merton model for the Malaysian listed companies.

  7. ASSESSMENT OF THE SEVERITY OF THE CRISIS OF THE UKRAINIAN COMPANIES AND THE DEVELOPMENT OF MEASURES FOR ITS ELIMINATION

    Directory of Open Access Journals (Sweden)

    Vladimir Nusinov

    2016-11-01

    -crisis solutions for Ukrainian companies. The object of research is process of study of the crisis phenomena and the formation on its basis of anti-crisis measures in the companies. Subject of research – a set of theoretical, methodological and practical aspects of improving the assessment of the severity of the crisis of Ukrainian companies and the formulation of appropriate anti-crisis solutions. The methodological basis of this research is the dialectical method of cognition, systemic and historical approaches to the study of problematic issues, fundamental principles of the economic theory and the theory of crisis management. Applied the following research methods: logical generalization, systemic structural analysis, comparison, statistical, identifying cause-andeffect relationships, matrix, ranking, expert, etc. The purpose of the study is to improve estimates of the severity of the crisis, Ukrainian companies and develop appropriate anti-crisis solutions. In connection with this acute problem is to determine the characteristics and strategic respectively tactical crisis management and develop crisis toolstov in the system of corporate governance of Ukrainian companies. The obtained results determine the necessary methodological basis for improvement of the assessment of the severity of the crisis of Ukrainian companies and the formulation of appropriate anti-crisis solutions. Theoretical, methodical and applied results of research used in the process of crisis management of companies mining and metallurgical complex, shipbuilding and engineering industry of Ukraine.

  8. Marketing Strategy : Company X Entering the Australian Wine Market

    OpenAIRE

    Tsukrejev, Jaan

    2014-01-01

    The main objective of this thesis was to identify which marketing strategy is most effective for wine producing companies to enter and compete on the Australian wine market with excessive supply and diminishing demand. The purpose of the thesis was to create a marketing strategy for the commissioner, a case company, referred to as Company X for confidential reasons. Secondary research, predominantly based on marketing literature and governmental statistics, was conducted to create the th...

  9. Knowledge services in science and technology - improving the university/research centre - company relationship

    International Nuclear Information System (INIS)

    Magalhaes, Adriana Braz Vendramini Bicca

    2009-01-01

    This research proposes a conceptual model for Knowledge Services Structure applicable to Science and Technology Parks (STP) and targeted to micro, small and medium enterprises, in order to improve the business - university - research centers relationship. The idea emerged from exploratory studies on STP and the observation of a knowledge gap on this subject: academic studies that have proposed support services structures to link companies - university - research centers in STP were not available. The study methodology is composed by: exploratory studies complemented by action research. Five aspects of analysis (knowledge services, business development, ordinary/ S and T infrastructure services, expansion of area, and image / visibility) were chosen; a questionnaire based on the these aspects were elaborated and applied by e-mail (e-survey), using as data-base the IASP associated members for the selection of potential respondents. The questionnaire was answered by STP managers from different countries (Spain, Italy, Portugal, Germany, United Kingdom, China, Brazil, Turkey and Uruguay) and, for a deeper and better answers understanding, presential interviews were conducted in certain European STP. After presentation, analysis and discussion of the results, a conceptual model of knowledge service structure for STP has been made, using as basis the Technology Park of Sao Paulo structure. During the formulation of the conceptual model stage, a brief discussion on the importance of knowing and meet the customer needs meant on the inclusion of a customer-interface in the final model. (author)

  10. Assessing the performance of Dutch local energy companies

    International Nuclear Information System (INIS)

    Blokhuis, Erik; Advokaat, Bart; Schaefer, Wim

    2012-01-01

    According to binding European Union agreements, the Netherlands has to cover at least 14% of its total energy use with renewable energy sources by 2020. However, the share of renewable energy in the Netherlands is small and hardly increasing. In 2010, renewable energy in the Netherlands accounted for only 3.8% of the national energy use, and has decreased with 0.4% compared to 2009. A cause of the stagnating renewable energy generation in the Netherlands is the absence of a nation-wide, clear and consistent long-term policy on the introduction of renewable energy. In order to overcome the current standstill in renewable energy adoption, several Dutch municipalities take the initiative and establish Local Energy Companies (LECs). However, to date, it is unclear which LEC type performs best. This research aims to compare the performance of existing LECs on three aspects: technology, finance, and organization. Furthermore, the performance of existing LECs is compared with theoretical reference LECs, in order to estimate efficiencies and opportunities for improvements. Finally, the influence of the recent changes in the Dutch subsidy scheme on LEC performance is examined. In order to achieve these aims, the benchmark method Data Envelopment Analysis is employed. - Highlights: ► Dutch Local Energy Companies (LECs) producing heat perform best in cost efficiency. ► Technical efficiency is highest in Dutch Local Energy Companies employing wind energy. ► Theoretical assumptions concerning LEC performance are not yet achieved in practice. ► The self supply model adds to the profitability of LECs, independent from subsidies. ► Recent changes in Dutch subsidy schemes add little to LECs’ financial performance.

  11. Characteristics of Company Accounting Information System

    Directory of Open Access Journals (Sweden)

    Marija Tokić

    2011-12-01

    Full Text Available Information has always presented an important factor of human activity. As a resource that guided human activity, information was gathered, stored, analysed and distributed in different ways throughout the history. Today, information system is a necessity in the global business system. Globalisation processes have changed the traditional concept of doing business and brought about the need for information management as an integral part of overall company assets and rapid development of information and communication technology. Regardless of the benefits and advantages that may be offered by the systems, companies do business to earn profit. In this sense information systems should be considered as investment. Although investment costs can be determined relatively precisely, benefits offered by the systems are more difficult to measure and they require comprehensive consideration of all aspects of doing business to which the systems refer. Accounting is an information subsystem of the single information system of a company. Its purpose is to provide comprehensive, systematic and permanent presentation of data and information, based on documents that refer to all elements contained in business subsystems and the business system of the company as a whole. Information resulting from accounting and information system is contained in accounting reports, i.e. calculations, estimates and analyses within which it is presented to the management.

  12. Globalization and the marketing orientation of companies

    Directory of Open Access Journals (Sweden)

    Aneta Oniszczuk-Jastrząbek

    2011-12-01

    Full Text Available The functioning of the enterprise in a constantly changing environ-ment means that companies should make the necessary transformation, meet challenges, and thus anticipate and shape the reality. Each company should be the instigator of continuous change, particularly innovative projects which success depends largely on the mobilization of all em-ployees for creative thinking, action and learning. Today, a company is considered as innovative and competitive, when it possesses the ability to use marketing in order to understand the market and results of scientific research, new concepts, ideas and inventions which are expected by consumers due to the high level of modernity.

  13. Development Efforts Of Oil Companies As Perceived By Rural ...

    African Journals Online (AJOL)

    ... that the host communities are highly satisfied with companies' efforts (projects and services) to them. Based on these findings, recommendations were made. Key words: Oil producing communities; oil exploration/production; company's development efforts; Journal of Agriculture and Social Research Vol.4(1) 2004: 60-71 ...

  14. [Research Progress of Vitreous Humor Detection Technique on Estimation of Postmortem Interval].

    Science.gov (United States)

    Duan, W C; Lan, L M; Guo, Y D; Zha, L; Yan, J; Ding, Y J; Cai, J F

    2018-02-01

    Estimation of postmortem interval (PMI) plays a crucial role in forensic study and identification work. Because of the unique anatomy location, vitreous humor is considered to be used for estima- ting PMI, which has aroused interest among scholars, and some researches have been carried out. The detection techniques of vitreous humor are constantly developed and improved which have been gradually applied in forensic science, meanwhile, the study of PMI estimation using vitreous humor is updated rapidly. This paper reviews various techniques and instruments applied to vitreous humor detection, such as ion selective electrode, capillary ion analysis, spectroscopy, chromatography, nano-sensing technology, automatic biochemical analyser, flow cytometer, etc., as well as the related research progress on PMI estimation in recent years. In order to provide a research direction for scholars and promote a more accurate and efficient application in PMI estimation by vitreous humor analysis, some inner problems are also analysed in this paper. Copyright© by the Editorial Department of Journal of Forensic Medicine.

  15. Corporate Social Reporting: a Comprehensive Picture of Indonesian Mining Companies

    Directory of Open Access Journals (Sweden)

    Rosinta Ria Panggabean

    2014-09-01

    Full Text Available Recently, stakeholders demand that CSR reporting of a company provides social and environmental information as well as the financial information reported in financial statement. This research questioned whether CSR reporting of Indonesian mining companies may be regarded as a mechanism which social and environmental accountability are discharged. The purpose of this research is to provide a content analysis framework and information on the comprehensiveness of Corporate Social Responsibility (CSR reporting of Indonesian mining companies. The methodology used is content analysis method by a framework derived from GRI G3.1 Guidelines. Comprehensive reporting contains three types of information for each disclosed CSR item: (i vision and goals, (ii management approach, and (iii performance indicator. The framework was used to assess the comprehensiveness of CSR report by analyzing the 2012 financial reports and annual reports of Indonesian listed mining companies. The content analysis of CSR reporting of the listed mining companies in Indonesia shows a low level of comprehensive reporting. This finding agrees those of prior studies on the completeness of CSR reporting and adds to the debate regarding whether CSR reporting of Indonesian mining companies can be considered a mechanism for discharging social and environmental accountability.

  16. Impact of company performances on the stock price: An empirical analysis on select companies in Serbia

    Directory of Open Access Journals (Sweden)

    Milošević-Avdalović Snežana

    2017-01-01

    Full Text Available The global financial crisis of the late 2007 has provoked unprecedented shocks to the world markets and weaken investors' confidence due to the turbulent movements and frequent changes of stock prices. Emerging capital markets suffer from unsatisfactory corporate governance, market manipulation and insider trade problems. In such circumstances, institutional investors, managers, analysts and other market participants are in constant search of the trading strategy that will outperform the market. This research is an instrument for the identification of the main determinants of stock prices on the Belgrade Stock Exchange. The panel data regression analysis includes 42 companies that represent the composition of the BelexLine index for the period from 2010 to 2014. The paper looks at the impact of specific (internal variables of companies, such as company size, return on assets, return on equity, earnings per stock, book value, price-earning ratio, price-to-book ratio and leverage and the stock price of companies that compose the BelexLine index. The results indicate that variables such as the size of the company measured by assets, return on assets, leverage, earnings per stock, book value and price-to-book ratio provide a unique contribution to a statistically significant predictor of stock prices.

  17. [Prevalence and indirect costs of headache in a Brazilian Company].

    Science.gov (United States)

    Vincent, M; Rodrigues, A de J; De Oliveira, G V; De Souza, K F; Doi, L M; Rocha, M B; Saporta, M A; Orleans, R B; Kotecki, R; Estrela, V V; De Medeiros, V A; Borges, W I

    1998-12-01

    Employees from a Brazilian oil company research centre (n = 993) were interviewed on the occurrence of headache during a 30 days period. Headache prevalence was 49.8%, with a mean frequency of 4.3 +/- 7.0 attacks per month, lasting 12.2 +/- 21.4 hours each. According to the International Headache Society diagnostic criteria, migraine (5.5%), episodic tension-type headache (26.4%), chronic tension-type headache (1.7%) and headaches not fulfilling the criteria for such disorders (16.2%) were observed. Women suffered comparatively more headache and specifically migraine than men. The pain interfered with work productivity in 10% of the subjects, corresponding to 538.75 hours off. According to an indirect costs estimation for each headache, the company may loose up to US$125.98 per employee annually. Since among headaches migraine has the highest indirect cost, migraine prevention and treatment is particularly important at the working environment. Migraine frequency may be prevented to a large extent, resulting on positive effects in both the quality of life and productivity. The cost-benefit ratio clearly favours therapeutic and preventive programs against chronic headaches.

  18. Oil and Cars: The Impact of Crude Oil Prices on the Stock Returns of Automotive Companies

    Directory of Open Access Journals (Sweden)

    Bettina Lis

    2012-01-01

    Full Text Available In this paper we are testing whether the impact of oil prices is different on the overall market and automotive companies. In addition we investigate, if this relationship is nonlinear. For this we use stock return data of US, German and Japanese car companies, and returns of share indices from the same countries as control variables, and Brent crude oil price changes. We first estimate the impact of crude oil on the indices, then clean the indices from these influences, and afterwards estimate the impact on the stocks. For this we are using OLS and EGARCH (1,1. We conclude that in general the car companies‘ stocks do not react more adversely as the overall market to crude oil price increases, while Japanese companies do not show any excess sensitivity at all. German companies tend to be sensitive, and US and German companies are together more sensitive in the more recent time periods.

  19. [Attractiveness of France for international clinical research: 8th survey conducted by Leem (French association for pharmaceutical companies)].

    Science.gov (United States)

    Galaup, Ariane; Barthélémy, Philippe; Pouletty-Lefebvre, Brigitte; Béhier, Jehan-Michel; Zetlaoui, Jean; Borel, Thomas

    2018-04-18

    The Leem (French association of pharmaceutical companies) has conducted the eighth survey on attractiveness of France for clinical research. It serves to measure France's global competitiveness for international clinical trials and assess its strengths and areas of excellence. It also highlights the potential for progress and emerging trends at a time when the regulatory environment in France and Europe is undergoing change. This survey has been updated every two years since 2002 using the same methodology. It assesses the current status of research undertaken in France by the pharmaceutical industry between January 1st 2014 and December 31st 2015. Thirty companies (62% of the French market) have participated in this 8th survey which involved 3474 centers (versus 2860 in 2014) and 16,622 patients (versus 14,634 in 2014) enrolled in France across 586 clinical trials (versus 613 in 2014). This survey shows a reduction in the number of phase I and phase II trials. It also confirms that the studies conducted in France are primarily concerned with oncology (45%). Despite improvements across hospital contracts times (due to the adoption of the sole agreement) and performance indicators in trials (such as the number of patients enrolled by center), trial setup times in France are still overly lengthy (with stable times by French authorities). Ensuring that clinical research remains a priority issue for country is crucial for patients because of rapid access to innovation but also for the vitality of the French economy. Constructive dialogue with stakeholders on the subject of clinical research is essential to enhance the attractiveness of France and to improve the continuum between research, innovation and care. Copyright © 2018 Société française de pharmacologie et de thérapeutique. Published by Elsevier Masson SAS. All rights reserved.

  20. Outdoor Education Course - The New Product of a Company Offer

    OpenAIRE

    Beránek, Jiří

    2007-01-01

    and Key Words Title: Outdoor Education Course- The New Product of a Company Offer Aim: Analysis and evaluation of needs and attitudes of the present company clients of Firma na zážitky, s.r.o. company in the outdoor education field to frame a pilot project of an outdoor course programme. Method: Method of questionnare was used to analyse and evaluate needs and attitudes ofthe company clients. Results: A project of outdoor course programme was created according to results of realized research....

  1. Impact of M&A on the Employment in Japanese Companies

    OpenAIRE

    Hiroyuki Taguchi; Taichi Yanagawa; Masashi Harita

    2012-01-01

    With utilizing Financial Statements Statistics of Corporation by Industry, we analyzed the impact of M&A on the employment in Japanese companies. In this study, the impact of M&A on the employment was extracted by developing panel data for fiscal year 1995 to 2008 targeting 9,880 sample companies including 3,697 cases of M&A to estimate a labor demand model. Major findings of the study are described below. First, dynamically positive effect was confirmed mainly in the manufacturing industry a...

  2. Cost Estimation for Research Reactor Decommissioning

    International Nuclear Information System (INIS)

    2013-01-01

    One of the IAEA's statutory objectives is to 'seek to accelerate and enlarge the contribution of atomic energy to peace, health and prosperity throughout the world'. One way this objective is achieved is through the publication of a range of technical series. Two of these are the IAEA Nuclear Energy Series and the IAEA Safety Standards Series. According to Article III.A.6 of the IAEA Statute, the safety standards establish 'standards of safety for protection of health and minimization of danger to life and property.' The safety standards include the Safety Fundamentals, Safety Requirements and Safety Guides. These standards are written primarily in a regulatory style, and are binding on the IAEA for its own programmes. The principal users are the regulatory bodies in Member States and other national authorities. The IAEA Nuclear Energy Series comprises reports designed to encourage and assist R and D on, and application of, nuclear energy for peaceful uses. This includes practical examples to be used by owners and operators of utilities in Member States, implementing organizations, academia, and government officials, among others. This information is presented in guides, reports on technology status and advances, and best practices for peaceful uses of nuclear energy based on inputs from international experts. The IAEA Nuclear Energy Series complements the IAEA Safety Standards Series. The purpose of this publication is to develop a costing methodology and a software tool in order to support cost estimation for research reactor decommissioning. The costing methodology is intended for the preliminary cost estimation stages for research reactor decommissioning with limited inventory data and other input data available. Existing experience in decommissioning costing is considered. As the basis for the cost calculation structure, the costing model uses the International Structure for Decommissioning Costing (ISDC) that is recommended by the IAEA, the Organisation for

  3. ORGANIZATIONAL ROUTINES IN RUSSIAN COMPANIES: REVIEW OF PRACTICES

    Directory of Open Access Journals (Sweden)

    Olga Valieva

    2014-10-01

    Full Text Available Results of the first stage of the researches conducted in 2012-2013 are presented in article. Researches are connected with studying of transformational processes intra corporate of managemetn practices in the Russian companies and their subsequent institutionalization. Preliminary results showed that in the companies there is a standard set of organizational routines which part are information, and administrative routines, routines of the power of the founder, genetic, institutional and development routines. During research statistically significant connection between types of organizational structures, the sizes of the organization, information processing and administrative practices is established. It is revealed as change of approaches to management of the organization can affect a corruption component.

  4. The linkage between knowledge management practices and company Performance: Empirical evidence

    Directory of Open Access Journals (Sweden)

    Nausheen Syed

    2013-03-01

    Full Text Available Purpose: This study explores the linkage between Knowledge management practices and company performance. Keeping in view the theoretical and empirical importance, the present study examines the predicting linkage of Knowledge management practices (sharing of best practices and building of consistent process, continues employee learning, effective management of knowledge, innovative culture development, and management of core competencies with company performance.Methodology: The study was carried out on purposively selected sample of 412 employees at different managerial positions. They were administered questionnaires including Knowledge Management Practices and company performance. Data was operated by using SPSS version 20.Correlation and regression analysis was done to establish the relationship between various Knowledge management practices and company performance.Findings: Results of this study illustrated that all selected Knowledge management were positively related to company performance. Based on the findings, and management of core competencies was the strongest predictor of company performance, followed by innovative culture development, effective management of knowledge and sharing of best practices and building of consistent process, continues employee learning.Research limitations/implications: The paper focuses on examining the perceptual impacts of Knowledge management (KM practices on company performance. The interpretation of results should be taken with caution.Value: The aim of this research is to investigate the relationship between Knowledge management and company performance, study the importance of Knowledge management as a source of sustainable competitive advantages for companies and to investigate how the introduction of Knowledge management practices facilitates company performance to improve. The practices that have a more positive influence on company performance are also discussed.

  5. Information asymmetries, information externalities, oil companies strategies and oil exploration information efficiency

    International Nuclear Information System (INIS)

    Nyouki, E.

    1998-07-01

    Both for economics (in general) and energy economics matters, it is important to reach oil exploration efficiency. To achieve this aim, a pragmatic approach is to use the concept of information efficiency which means that the different tracts have to be drilled in the decreasing order of estimated profitabilities, estimations being made on the basis of the best (in the sense of reliability) available information. What does 'best available information' mean? It corresponds either to the information held by the most experienced oil companies (due to the existence of information asymmetries to the profit of these companies), or to information revealed by the drilling and which allows to revise probabilities of success on neighboring tracts with similar geological features (due to the existence of information externalities). In consideration of these information asymmetries and externalities, we will say that exploration is information efficient when. -- on the one hand, initial exploration choices are directed by the most experienced companies, - and, on the other hand, during the drilling phase, in the face of the information externality, companies adopt a sequential drilling, i.e. excluding both over-investment and strategic under-investment. The topic we deal with in this thesis is then to know if oil companies, when they are put in normal competition conditions, are likely to make emerge a state of information efficiency in exploration, the analysis being conducted theoretically and empirically. (author)

  6. How to use innovations for company growth

    OpenAIRE

    Melicharová, Kristýna

    2011-01-01

    The purpose of this paper is to identify the key characteristics of successful innovation, analyse the innovation process in Unilever and provide set of recommendations for the company. This paper addresses a key question of current business -- how to achieve growth of a company via innovation. The thesis is based on the already published research for identifying the best practices in dealing with innovation, survey with strategic innovation leaders in HHC Unilever, interviews with employees ...

  7. Drug companies monitor prescriptions and sales to fine-tune their marketing strategies.

    Science.gov (United States)

    2010-06-01

    Market research companies analyse drug prescriptions and sales in community and hospital pharmacies, thus enabling drug companies to refine their marketing strategies. Some information of interest to drug companies is provided directly by healthcare professionals, sometimes unwittingly, and sometimes in return for small "favours".

  8. Estimation of the Cost of Equity for Mining Companies Using the P-Lefac Method

    Science.gov (United States)

    Ranosz, Robert

    2014-03-01

    This article describes one of the methods of estimating the cost of equity, namely the LEFAC method. The name of the method is an acronym of the names of individual financial categories: L - Liquidity, E - Earnings, F - Franchise, A - Assets, C - Capital. It is a scoring method similar to the way used by ING Financial Markets to estimate share prices. A review of literature shows that this method is not widely known and used by enterprises, but it has certain advantages which justify its use. Its main advantages include its easy use and the stability of the results obtained: the calculated cost of equity is never lower than the adopted risk-free rate. The method is particularly useful for companies (enterprises) not listed on stock exchanges. This article is divided into five parts: an introduction, the LEFAC method, the parameterization of the LEFAC method (P-LEFAC), an example calculation and a summary. The second part of this article characterises the LEFAC method. In the third part, the method is parameterized to obtain a function described by formula 22. The following section contains an example calculation for KGHM S.A. and also presents results which mining companies would achieve if they used the discussed method to calculate the cost of their equity. The calculations were performed for mining companies listed on the Warsaw Stocks Exchange and unlisted ones. This part of the article also contains a short comparison of results obtained using the CAPM method and the discussed model. The last section consists of a summary presenting final conclusions. The article ends in a list of the literature referred to. Niniejszy artykuł został poświęcony jednej z metod szacowania kosztu kapitału własnego, a mianowicie metodzie LEFAC. Nazwa metody pochodzi od pierwszych liter wyrazów z języka angielskiego, które określają poszczególne kategorie finansowe: L - Liquidity (płynność), E - Earnings (zyski), F - Franchise (strategia), A - Assets (aktywa), C

  9. State-owned companies dominate list of largest non-U.S. producers

    International Nuclear Information System (INIS)

    Beck, R.J.; Williamson, M.

    1994-01-01

    Because state-owned oil and gas companies dominate Oil and Gas Journal's list of largest non-US producers, data aren't fully comparable with those of the OGJ300. Many state companies report only production and reserves, with little or no financial data. Companies on the OGJ100, therefore, cannot be ranked by assets or revenues. Instead, they are listed by regions, based on location of corporate headquarters. There was no change in makeup of the top 20 holders of crude oil reserves. These companies' reserves totaled 872.3 billion bbl in 1993. The top 20 non-US companies now control 87.3 % of total world crude oil reserves, according to OGJ estimates. This is up marginally from 87.2 % of total world oil reserves in 1992. The top 20 had 87.7 % of total world reserves in 1991 and 85.5 % in 1990. The table lists company name, total assets, revenues, net income, capital and exploratory expenditures, worldwide oil production, gas production, oil and gas reserves worldwide

  10. STRATEGIC ALLIANCE AND STRATEGIC PLANNING EFFECT TO COMPANY PERFORMANCE IN CREATING COMPETITIVE ADVANTAGE (STUDY CASE AT INDOFOOD CBP SUKSES MAKMUR COMPANY - FOOD SEASONING DIVISION )

    OpenAIRE

    Ardiyanto, Yan

    2016-01-01

    This research head for analyze the effect of inter variable to answered set problems how is strategic alliance and strategic planning to improve company performance for create competitive advantage. This research gives theoritic and managerial implication concern pace which have to take by PT. Indofood CBP Sukses Makmur Food Seasoning Division to improve their company performance for create competitive advantage which got from product strategic alliance and strategic planning. Population in t...

  11. Power of Companies in Supply Chains and Their Effect on Network Development

    Directory of Open Access Journals (Sweden)

    Tamás Brányi

    2015-01-01

    Full Text Available A general supply chain functions as a closed cluster and consists of at least three companies: supplier, producer and buyer. In an optimal case the companies within a supply chain are well integrated, partnership rests on trust which results in common strategic decisions. Business practices show that there is a stronger company within the chain that uses its power position to influence network development. The objective of the research is to measure how and what kind of power position is needed to influence the supply chain. The hypothesis states, that power and network development are opposite effects in a supply chain. Statistical examination of data gained from 221 companies state that the company with power position has advantages if the supply chain extends. SPSS analysis proves that the hypothesis is false and opens a new direction of research. Companies within the supply chain have to cope with power structures while cooperating with each other. They tend to look for solutions to ease dependency. Using or misusing power has several factors; mainly they are inherited from the strongest link of the supply chain. This is usually a problem but the results of the statistical analysis show that still a win-win situation is needed for the companies in order to deepen the cooperation. To conclude this research the data shows that the goal is to be more competitive as a chain, not just as a company.

  12. Benefts of Corporate Social Responsibility Engagement in Companies: The Case of Poland

    Directory of Open Access Journals (Sweden)

    Ewa Chojnacka

    2017-01-01

    Full Text Available Purpose: This study investigates the benefts of being perceived as a socially responsible company. The main purpose of the research was to fnd out whether company managers consider that certain aspects of company activity may beneft from being perceived as socially responsible. Research limitations: The primary source of data used in this study was a survey of respondents’ views and opinions rather than an analysis of extensive numerical data. Methodology: The research methods included a literature review and a survey conducted in several Polish companies regarded as socially responsible. The so-called RESPECT Index, including socially responsible companies listed on the Warsaw Stock Exchange Main List, as well as annual rankings of responsible companies were used as a kind of reputation database for choosing survey respondents. Findings: The most important benefts indicated by the respondents included better frm image/reputation, improved relations with stakeholders, increased employee motivation, better communication inside the company, as well as more effective management and control over new aspects not considered before. Additionally, the identifed benefts were analyzed using different criteria, such as the size of the company or its feld of activity. Originality: The problem analyzed in this study is important, yet it is still not a suffciently examined issue in many emerging markets including Poland. As benefts taken into consideration in the survey are also valid for other fnancial markets, the results can be used for comparative studies of Poland and other countries.

  13. Determinants of Corporate Social Responsibility in Japanese Companies

    Directory of Open Access Journals (Sweden)

    Magdalena Krukowska

    2014-12-01

    Full Text Available Purpose: The aim of this study was to analyze the factors that determine the Japanese approach to corporate social responsibility (CSR to facilitate future empirical research in the Polish conditions. Methodology: To conduct the research, the available literature concerning CSR, managerial behaviour and stakeholder relations in Japan was studied. The research was conducted onsite in Japan after consultation with local experts, both Japanese and foreigners, specialized in Japanese management and the economy. Findings: The Japanese approach to CSR is strongly determined by their religious, philosophical, cultural, historical, economic and legal factors. It is proof of the concept of CSR contextuality, which provokes questions about the nature of the business relations of Japanese companies with their foreign counterparts and their style of management while investing abroad. Research limitations: The methodology was only supposed to gain a general view of the factors infl uencing CSR in Japan. Studying more detailed issues with the use of empirical data was complicated because of the short time available for the research (6 weeks and the relatively low level of transparency of the Japanese companies. Value: The study helped in understanding managerial decisions and Japanese business behaviour in the context of corporate responsibility and the ethics of its everyday operations. It was the fi rst research thoroughly analyzing many of the determinants of CSR in Japan, which may be valuable for any counterparts cooperating with the Japanese companies and foreign researchers analyzing Japanese management systems.

  14. KEY PERFORMING FACTORS OF LEADING ROMANIAN COMPANIES

    Directory of Open Access Journals (Sweden)

    BURJA CAMELIA

    2014-08-01

    Full Text Available The analysis of financial economic ratios provides managers and external partners feedback on the results obtained from operational activities and the associated performance and risks. This paper studies the functional dependence of the companies’ success (on performance over internal financial management elements. The research was carried out for the most traded non-financial securities Bucharest listed companies and covers the period 2011- 2013. To carry out its purpose it analyzed the interdependence between the key financial ratios, studying the impact of liquidity ratios, solvency and efficiency on profitability. The study provides empirical evidences to identify factors that have ensured the performance of companies and their ranking in the segment of the most traded companies in Romania. Results suggest the view that the source of company success on the capital market lies in the positive signals sent to investors regarding profitability and the low risk of solvency. This study gives additional information for managerial decision-making in order to create more value and a better positioning of the companies in the market

  15. Needs and Opportunities to Improve the Operational Quality of Forwarding Companies

    Directory of Open Access Journals (Sweden)

    Dovilė Kontautaitė

    2013-04-01

    Full Text Available It is essential for forwarding companies to improve their activity by improving their internal and external processes in order to provide for a client an estimated basic and added value and effectively manage the flow of information in the general logistic supply chain. The article analyses the concepts of quality management and activity process, emphasising the main process of a forwarding enterprise and the demand to optimise the activity establishing quality management systems. The scientific literature analysis assists in the provision of quality assessment indicators of forwarding companies and ascertaining quality management systems that are suitable for transport companies.Article in Lithuanian

  16. Motivation and Evaluation of Employees in a Selected Company

    OpenAIRE

    ŠVIHÁLKOVÁ, Klára

    2015-01-01

    This work is focused on an analysis and evaluation of the real state in the sphere of motivation and evaluation of employees in a selected company. The aim of the research was to determine whether the company uses a proper employee evaluation system and if it can motivate their employees effectively.

  17. Role of Dividend of Power to Buy Shares in Companies in Indonesia Stock Exchange

    Directory of Open Access Journals (Sweden)

    Iskandar Muda

    2017-06-01

    Full Text Available This study aims to determine the role of the Purchasing Power Shares on manufacturing companies in Indonesia Stock Exchange Period 2014-2015. The variables used in this study as an Independent Variable Dividend and Purchasing Power Shares as Dependent Variables. Power Buy Stocks in this study was measured by the volume of stock sales every year. This research was conducted in Manufacturing company listed on the Indonesia Stock Exchange. The population of this study were 144 companies with purposive sampling as many as 19 of the Company's Manufacturing Company listed on the Indonesia Stock Exchange with the study of the 2014-2015 period in order to obtain 38 units of analysis. Data of this research are secondary data from the financial statements of 19 companies published in the Indonesia Stock Exchange. This research data processing method using the Test Statistics Deskribtif, Classical Assumption Test, Test Linear Regression using SPSS. The results of this study demonstrate that the role of the Dividend has significant influence on the Purchasing Power Shares in Manufacturing Company in Indonesia Stock Exchange (BEI.

  18. Investment Opportunity, Institutional Ownership, Cash Flow, Company Life Cycle Terhadap Kebijakan Dividen Dan Return Saham

    OpenAIRE

    Wiagustini, Ni Luh Putu

    2009-01-01

    The objective of this research was to examine and to analyze the infl uences of investmentopportunity, cash fl ow, company institutional ownership, and company life cycle stages to dividendpolicy; and the infl uences of dividend policy to investment opportunity, cash fl ow, institutionalownership, and company life cycle stages to share return. The samples used in this research weremanufacturing companies registered at Indonesia Stock Exchange (ISX), who paid dividend regularlywithin the perio...

  19. The middle manager role in energy company environmental efforts

    Science.gov (United States)

    Fischhoff, Maya E.

    2005-12-01

    This research examines the internal organizational processes determining corporate environmental action. Corporations have a tremendous environmental impact, yet relatively little is known about how employees within them view and work on these issues. The research focused on middle managers, a level of the company whose value is often questioned. Interviews were conducted with 70 middle managers at two energy companies (comprising utilities and unregulated businesses). Interviews examined the shape and significance of middle manager involvement in environmental issues, looking specifically at what issues middle managers deal with, what goals they pursue, and what approaches they use. The research finds middle managers' roles with respect to environmental issues to be far-reaching and complex. Much of their effort is focused on meeting regulatory requirements ("complying"). They are committed to compliance, in part for ethical reasons, but often find regulations frustrating and costly. Compliance is more challenging than commonly thought; it demands time, knowledge, and substantial creativity. In pursuing it, interviewees work with employees throughout the organization. This research shows middle managers interacting with those hierarchically above and below them in ways that greatly modify earlier portrayals of middle managers. Earlier portrayals often emphasized struggles for power within the organization. Here, middle managers work in ways best characterized as collaborative and supportive. Middle managers also have extensive involvement laterally within the company and with groups outside the company. These links have received modest attention in literature, yet are found to be terribly important. Middle managers' lateral efforts inside the company, often on teams, allow diverse expertise (e.g., from people in different functions) to be applied to environmental issues. Documenting middle managers' involvement externally, with governmental officials and sectors

  20. Integrated marketing communication plan : Case company: Dr. Johanna Budwig

    OpenAIRE

    Pham, Van

    2013-01-01

    The study’s research topic is integrated marketing communication and this is a product-oriented thesis. This study is made to create an efficient integrated marketing communication plan for the case company Dr. Johanna Budwig. The main product line in focus is flaxseed oil, which is very healthy and also good in preventing different diseases including cancer. The company home market, Germany, is the target market of the study. The objective set by the company is to increase sales by 10000, wh...

  1. Exploring the Linkages Between Deming’s Principle, World-Class Company, Operational Excellence, and Company Performance in an Oil and Gas Industry Setting

    Directory of Open Access Journals (Sweden)

    Wakhid Slamet Ciptono

    2005-06-01

    Full Text Available This study explores the linkages between Deming’s Principle, World-Class Company, Operational Excellence, and Company Performance in the Indonesia’s oil and gas industry. The aim of this study is to examine the causal relationships model between the Deming’s Principle (DP, World-Class Company (WCC, Operational Excellence (OE, and Company Performance (Monetary Gain Performance or MGP and Value Gain Performance or VGP. The author used 140 strategic business units (SBUs in 49 oil and gas companies in Indonesia. The survey was administered to every level of management at each SBU (Top, Middle, and Low Level Management. A multiple informant sampling unit is used to ensure a balanced view of the relationships between the research constructs, and to collect data from the most informed respondents on different levels of management. A total of 1,332 individual usable questionnaires were returned thus qualified for analysis, representing an effective response rate of 50.19 percent. Path analysis and structural equation modeling (SEM are used to analyze the effect of Deming’s principle on company performance and to investigate the interrelationships between Deming’s principle, world-class company, operational excellence, and company performance. The results show that Deming’s Principle has significant positive and indirect effect on company performance (monetary gain performance and value gain performance. Although the Deming’s Principle has no significant direct effects on company performance, the Deming’s Principle has significant positive effects on the intervening variables (world-class company and operational excellence. The result also shows that a complete model fit and the acceptable parameter level that indicate the overall parameter are good fit between the hypothesized model and the observed data. By concentrating on a single industry (oil and gas, SEM specification of the causal relationship model between five constructs can be

  2. Measuring the Company Performance

    Directory of Open Access Journals (Sweden)

    Ion Stancu

    2006-03-01

    Full Text Available According to the logics of the efficient capital investment, the management of the investment of the saving capital in the company’s assets must conclude, on the end of the financial year, with a plus ofreal value (NPV > 0. From this point of view, in this paper we suggest the usage of an investment valuationmodel for the assessment of the company managerial and technological performance. Supposing the book value is a proxy of the just value (of assets and operational results and supposing the capital cost iscorrectly estimated, we evaluate the company’s performance both by the net present value model, and also by the company’s ability to create a surplus of the invested capital (NPV >0.Our paper also aims to identify the performance of the financial breakeven point (for which NPV is at least equal to zero as the minimum acceptable level for the company’s activity. Under this critical sales point, the company goes through the undervaluation of shareholders fortune even if the company’s sales are greater than accounting breakeven point. The performance’s activity level is one which the managers recover and surpass the cost of capital, cost which stand for the normal activity benchmark.The risks of applying of our suggested model we support go down to the confidence of accounting data and of the cost of capital estimating. In spite all of this, the usage of a sensitivity analysis to search anaverage NPV would leads to the company’s performance valuation within investment logic with a high information power.

  3. Analysis of the Effect of Employee Costs on Company Performance

    Directory of Open Access Journals (Sweden)

    Željko Požega

    2010-07-01

    Full Text Available The goal of every economic entity is to accomplish an optimal system of compensation management and to reach maximum returns through optimal employee investment, raising their motivation and knowledge as well as developing their abilities and skills. In order to reach this goal of maximizing company performance it is necessary to systematically approach the management of human resources within a certain economic entity and to create the fairest material and non-material reward and punishment system by using compensation management methods. This in turn will bring about a positive working atmosphere in the company, where employees will rapidly and easily adjust to changes, interact and co-operate with one another at a high level. This research, which studies the effect of employee costs on company performance, is divided into three chapters. The first chapter provides a brief theoretical overview of the importance of compensation management in human resources administration and reaching business efficiency, i.e. the different possibilities of creating a reward and punishment system in a company which aims to organise an optimal working atmosphere. The second chapter demonstrates the applied methodology and illustrates the information from different companies, which has been used in this research and analysis. The information comprises statistical data of employee costs, income, profits and losses from a sample of companies from the Republic of Croatia in 2008. The third part deals with the analysis and interpretation of the research results which show the effect of employee costs on the income and company performance, also expressed per employee. The goal of this research is to test the hypothesis that companies with higher employee cost, i.e. with higher investment in human resources, on average obtain a higher income and a higher profit per employee and are more efficient and more successful on the market. From the given hypothesis, one can

  4. Gender Diversity in the Boardrooms of Public Companies in Poland: Changes and Implications

    Directory of Open Access Journals (Sweden)

    Krzysztof Kompa

    2018-03-01

    Full Text Available Gender diversity in management became one of the “hot topics” in recent years. The literature reports examples of research proving all possible effects (i.e. both positive and negative together with lack of influence of gender diversity among top managers to the company performance. (Research Aims. Therefore, the aim of our research is to find out the women share on boards of companies listed on the Warsaw Stock Exchange in the years 2010-2016, and to check how the changes in the gender structure of the management boards influence the company performance. (Research hypothesis. There is no essential gender diversity on the boards of Polish public companies, and change in the management structure does not affect the situation of the companies. (Method. In our investigation we use data provided by Notoria Serwis, and apply taxonomic measures together with dynamic and correlation analysis. (Conclusions. Our results show that it would be impossible to obtain the 40% parity level on boards till 2020 since increasing tendency of women representation in upper management is rather slow. There is no significant positive correlation between changes in the women share on boards and financial performance of companies, we observe only single negative significant relations.

  5. Chinese Companies in the Netherlands

    NARCIS (Netherlands)

    Hong, T.M.; Pieke, F.N.; Stam, T.

    2017-01-01

    The rapid growth of Chinese investment in the Netherlands has been cause for both excitement and anxiety. Many of the companies and other investors are still unknown and the background and objectives of their investment often remain unclear. This research takes a close look at fourteen Chinese

  6. Companies’ investment determinants: comparison of different panel data estimators

    Directory of Open Access Journals (Sweden)

    Zelia Serrasqueiro

    2011-08-01

    Full Text Available In this study, Aivazian, Ge and Qiu’s (2005 analysis using static panel models is extended to using dynamic panel estimators, considering data for listed Portuguese companies. The results confirm Aivazian et al.’s (2005 conclusion that an ordinary Least Squares (OLS regression is not the best way to estimate the investment/determinant relationship. Investment decisions are probably dynamic, so the most suitable way to estimate the investment/determinant(s relationship is using dynamic panel estimators. Alternatively a fixed effect panel model can be used, consistent with a first order autocorrelation. In this way, firstly, it is possible to determine more accurately the positive impact of sales (Neo-classic theory and cash flow (Free Cash Flow theory on the investments of listed Portuguese companies. Secondly, the positive effect of growth opportunities (Agency theory is not overestimated when it seems to be the consequence of a first order autocorrelation. Using dynamic panel estimators permits correct measurement of dynamism in company investment decisions by examining the relationship between investment in the previous and the current periods.

  7. THE IMPACT OF INFORMATION TECHNOLOGIES ON THE ORGANIZATION AND FUNCTIONING OF THE COMPANY

    Directory of Open Access Journals (Sweden)

    Valentin Florentin Dumitru

    2011-11-01

    Full Text Available The companies became more complex in terms of corporate structure and geographical area because of the globalization process and they are facing a higher and higher data volume, with a higher and higher competition level, especially during crisis moments, which makes the use of the information technologies (IT a competitive advantage. The objective of this research was to prove the impact of the IT on the company. To this extent, we conducted an empirical research. We launched five hypotheses and in the end we proved that there is a dependency relationship between the size of a company and its degree of use of the IT, between the decision of use of the IT within a company and the organization and the functioning of the company, between the existence of the Internet in a company and its use for various purposes.

  8. Diagnosing companies in financial difficulty based on the auditor’s report

    Directory of Open Access Journals (Sweden)

    Robert Zenzerović

    2016-04-01

    Full Text Available The approach used in this paper expands on existing research that focuses on devising prediction models for companies experiencing financial difficulties and which in turn serves as a criteria-based diagnosis tool for distinguishing healthy companies from those facing seriously financial difficulties. It draws on auditors’ reports on company financial statements that emphasize a company’s ability to continue as a going concern as the main criterion used to distinguish companies experiencing financial difficulties from companies that are not. Two closely-related hypotheses were tested in this paper. First, the authors tested the hypothesis that an auditor’s report accompanied by an explanatory paragraph pointing out issues associated with the going concern assumption is the proper criterion for differentiating companies experiencing financial difficulties from those that are not. Second, the central assumption that is tested relates to a combination of financial ratios whereby authors presume that an appropriate combination of financial ratios is a good analytical tool for distinguishing companies experiencing serious financial difficulties from those that are not. Research results conducted among 191 companies listed on the Zagreb Stock Exchange confirm both hypotheses. The LRA model – a diagnosis tool for identifying companies with financial problems, was also derived using logistic regression analysis. The statistical adequacy and quality of the model was tested using measures like Nagelkerke R2, type 1 and type 2 errors that appear when calculating the classification ability of the model. All measures indicated that model was statistically sufficient and validated its use as a diagnosis tool in recognizing the companies facing financial difficulties.

  9. SATISFACTION, TRUST AND COMMITMENT AS DIMENSIONS OF LOYALTY IN REAL ESTATE COMPANIES

    Directory of Open Access Journals (Sweden)

    Florin-Alexandru LUCA

    2016-07-01

    Full Text Available Relationship marketing activities are assessed in the end according to the profitability obtained by the company. However, the calculation of the obtained profit includes a lot of variables which are not related to the marketing activities. In these circumstances, it is more appropriate to perform the assessment of the results of the marketing activities at a more concrete level, by studying their possible determining factors. Some of the most important factors that determine customer loyalty are: Satifaction, Trust and Commitment.This article has two parts : a qualitative research stage and a quantitative research The stage of qualitative research consists of analyzing the research literature from this domain, which highlights the dimensions of Loyalty Construct, relevant for the real estate field. The stage of quantitative research aims at testing the proportion of content validity for the most commonly used variables in the real estate field of practice. The results describe an estimation of the dimensions of the Loyalty Construct for the case of real estate services.

  10. RELATIONSHIP MARKETING RESEARCH TAILORED TO SUPPORT SALES MANAGEMENT. CASE STUDY: AN INTERNATIONAL EXPRESS LOGISTICS COMPANY IN ROMANIA

    Directory of Open Access Journals (Sweden)

    Fotea Ioan Stefan

    2010-07-01

    Full Text Available Within current economy context, complexities and particularities most companies are constantly seeking to maximize effectiveness and efficiency of their business. As sales force represents for most organizations their “spearheds”and direct contact with the market, its management can be a source for customer satisfaction and overall efficiency. Relationship marketing research with all its particularities and dimensions, if tailored appropriately can explicitly pinpoint major sources of customer satisfaction and dissatisfaction. Focus of contemporary relationship marketing is the customer viewed across lifetime as a profit source and partner rather than on short term for singular transactions. Research findings help the organization better manage its sales force and generate customer satisfaction, retention and loyalty and maximize profits while achieving superior efficiency.

  11. Importance of marketing activities in a company : the management perspective

    OpenAIRE

    Urbonavičius, Sigitas; Dikčius, Vytautas

    2008-01-01

    The article analyses how managers of companies see the importance of the overall marketing function as the importance of certain types of marketing activities. These types include typical areas of 4 Ps as well as marketing planning and marketing research activities. The research is based on a survey of 205 managers of primarily manufacturing and trading companies that operate in Lithuania. Managers evaluated marketing planning and distribution as the most important marketing functions, while ...

  12. Computalog; no resting on laurels for this company

    International Nuclear Information System (INIS)

    Jaremko, G.

    1997-01-01

    Computalog, one of the Canadian oilfield service sector's strongest survivors, is celebrating its 25th anniversary in 1997. In an interview with 'Oilweek' the company's president confidently predicted that in the not-too-distant future, the company will derive at least half of its revenues from foreign sources. Considerable progress has already been made towards this goal: in 1996 some 30 per cent of revenues have been derived from operations in the United States, Russia, India, China, Argentina and Venezuela. Currently, the company has 1023 employees (80 in Calgary), and dominates the Canadian market for 'wireline services' of recording or logging features of wells with increasingly elaborate, computerized electronic instruments. In addition to its core business, the company is active in directional and horizontal drilling, product sales, manufacturing, and research and development. Although majority Canadian-owned, and perceived to be a primarily Canadian company, its current goal is to gain greater exposure on the global market and to have a larger following on Wall Street

  13. Unveiling the Incidence of Interfirm Collaboration: Evidence from Research and Development Companies in Malaysia

    OpenAIRE

    Adnan, Zurina; Johari, Johanim; Abdullah, Hazman Shah; Ahmad, Jasmine

    2017-01-01

    Nowadays, interfirm collaboration has become an increasingly popular strategy among many organizations in various industries, in order to remain competitive. Based on the contingency theory, this paper examines the moderating effect of interfirm collaboration on the relationship between Human Resource Management (HRM) practices and organizational performance. Interfirm collaboration refers to the collaboration strategies undertaken by R&D companies, with other companies in similar or diverse ...

  14. An Exploratory Study of the Rhetoric in CSR Reports: A Comparison of Shari’ah Compliant Company and Non –Shari’ah Compliant Company in Malaysia

    Directory of Open Access Journals (Sweden)

    Abdul Razak Rafizan

    2017-01-01

    Full Text Available This paper advances previous research in corporate social reporting (CSR by using a taxonomy of five distinct rhetorical strategies to examine any differences in term of type of ethical categories and to identify moral attitudes towards different societal activities between Shari’ah compliant company Bank Islam Malaysia Berhad (BIMB and Non-Shari’ah compliant company Malayan Banking Berhad (Maybank. The data is analyzed using content analysis. The findings revealed that there are different rhetoric applied in both types of companies such as Agency (profit, Benefit (collective welfare, Compliance (law and contracts, Duty and Ethos (virtue. In term of moral attitudes, both types of companies disclosed relatively similar behaviour and commitment towards CSR. This research is the first of its kind to be conducted in Malaysia by using this new approach and will contribute new insights to existing CSR literatures in Malaysia.

  15. When Oil and Wind Turbine Companies Make Green Sense Together

    DEFF Research Database (Denmark)

    Backer, Lise

    2009-01-01

    strengthen their relationships with companies such as Vestas – that are born green. This is so since companies that are born green have strong green ecocentric business beliefs that can function as important engines in shared green sense‐making with companies that are not born green and have more hesitant......In this article I contribute to descriptive green business research on how processes of eco‐effective greening business unfold in practical reality. I look into the case of the increasing interaction between the multinational oil company Shell and the world's largest wind turbine company Vestas. I...... draw on descriptive organizational sense‐making theory and analyse to this end the shared green sense‐making of Shell and Vestas on off‐shore wind energy business. The article concludes that greening companies such as Shell – that are not born green – might be considerably advanced if these companies...

  16. A Comparative Investigation on Citation Counts and Altmetrics between Papers Authored by Universities and Companies in the Research Field of Artificial Intelligence

    OpenAIRE

    Luo, Feiheng; Zheng, Han; Erdt, Mojisola Helen; Raamkumar, Aravind Sesagiri; Theng, Yin-Leng

    2018-01-01

    Artificial Intelligence is currently a popular research field. With the development of deep learning techniques, researchers in this area have achieved impressive results in a variety of tasks. In this initial study, we explored scientific papers in Artificial Intelligence, making comparisons between papers authored by the top universities and companies from the dual perspectives of bibliometrics and altmetrics. We selected publication venues according to the venue rankings provided by Google...

  17. The Financial Performance (Profitability and Corporate Governance Disclosure in the Annual Reports of Listed Companies of Bangladesh

    Directory of Open Access Journals (Sweden)

    Abdur Rouf

    2011-12-01

    Full Text Available This research aims to test empirically the relationship between the Financial Performances (Profitability and the level of Corporate Governance Disclosure (CGD by the listed non-financial companies in Bangladesh. Data are taken from annual reports of the listed companies in the 2007. This paper is based on a sample of 94 listed companies and Used OLS as a method of estimation. The extent of corporate governance disclosure level is measured using 40 items of information and financial performance (profitability is measured by return on assets (ROA. Using an unweighted approach for measuring corporate governance disclosure, this approach is most appropriate when no importance is given to any specific user-groups. After establishing the disclosure index, a scoring sheet was developed to assess the extent of corporate governance disclosures. The result shows that the Financial Performances (Profitability and Board Audit Committee are positively correlated with the level of Corporate Governance Disclosure (CGD. Percentage of Equity Owned by the Insiders is negatively associated with the Corporate Governance Disclosure. The study provides empirical evidence to policy makers and regulators in South Asia.

  18. DO FINANCIAL STATEMENTS PROVIDE ADEQUATE INFORMATION ABOUT THE CAPITALIZATION OF COSTS RELATED TO INTANGIBLE ASSETS?: AN EMPIRICAL RESEARCH ON ITALIAN LISTED COMPANIES

    Directory of Open Access Journals (Sweden)

    Stefania Vignini

    2015-11-01

    Full Text Available The aim of our research is to verify if Italian listed companies financial statements provide adequate information about the capitalization of costs related to intangible assets and if the information provided are reliable. Moreover, we investigated if they merely comply with law or provide additional information on cost capitalization and reveal if internal control systems (especially managerial accounting systems or other information systems are applied to support the measurement process and the cost control, thus guaranteeing the verifiability and representational faithfulness of the information disclosed. This paper is an empirical analysis and is concerned to investigate the financial statements of 250 Italian listed companies.

  19. AN ANALYSIS OF TEAMWORK IN THE INSURANCE COMPANIES

    Directory of Open Access Journals (Sweden)

    Luka Stanić

    2017-01-01

    Full Text Available The paper is designed and contextualized as a meaningful whole which includes the triple helix model: a combination of science, the real sector and local government. The basis of this research is teamwork in insurance companies operating in eastern Croatia whose indicators reflect on other insurance companies in Croatia and beyond. The conclusions of the paper suggest that teamwork is omnipresent in insurance companies, and that it affects the efficiency in meeting their objectives. A survey was used to test and prove the hypotheses, indicating that especially during the economic crisis it is crucial to invest in human resources and encourage teamwork via key motivational factors. The conclusions of the paper show that teamwork contributes to the efficiency of the organization, dissemination of new ideas and greater synergy within the insurance company.

  20. Seeking opportunities abroad : the challenges for small companies

    International Nuclear Information System (INIS)

    Cej, R.P.

    1999-01-01

    The unique challenges facing small companies seeking opportunities in world hydrocarbon trading are discussed. The paper emphasizes how the global infrastructure of the industry has changed and describes what it takes for small companies to compete for opportunities in a global market. The biggest driver re-shaping the energy sector is the pace of global development led by the Asia-Pacific region. Canada's energy sector is well into the challenges created by market liberalization. Canada has evolved into a low cost energy supply and must remain so to support the competitiveness of other industry sectors. Overall, opportunities abroad for small companies are good. Commitment to the long haul, acquiring an understanding for the culture, the politics, and the way business is done in the country in question, careful attention to estimating the size and staying power needed to manage the opportunity, and avoiding cutting corners, or spreading oneself too thinly, are crucial to success

  1. How to use social media influencers to support the company brand image? : Case in PULLUP S.A Company

    OpenAIRE

    Mercier, Jules

    2017-01-01

    Some actors of this thesis wish to stay anonymous. Their identity have been change by the author. The researcher chooses to delete all information which can be a proof of their true identity. By this way, it is possible there is a lack of information. More and more, brands are developing their ambassadors range worldwide to increase their digital marketing. As the author worked for PULLUP Company, a famous firearms and outdoors company, the aim of this thesis is to increase the author’s k...

  2. Evaluation of co-sourcing communications amongst international company and local public relations agencies (case company: company x)

    OpenAIRE

    Yin, Ying

    2009-01-01

    The subject of the thesis is the evaluation of co-sourcing communications amongst international company and local public relations agencies, taking the company x as a case. It analyses the environment the co-sourcing PR agencies communicate with international clients, compares with the current communications the case company has, and comes up with practical suggestions for the company to have better cooperation with local agencies to achieve mutual benefits. The theoretical part consi...

  3. Where in the World are Canadian Oil and Gas Companies? 2011

    Directory of Open Access Journals (Sweden)

    Niloo Hojjati

    2017-06-01

    Full Text Available Canada is well recognized for its prominence as an oil and gas jurisdiction in regard to its resources within its own borders. However, there is little available analysis and information regarding the presence of Canadian companies in the international arena. Begun in 2011 as an internal research tool for the development of the Extractive Resource Governance Program, this project seeks to answer the vital question: Where in the world are Canadian oil and gas companies? To answer this question, firm-level data from publicly traded Canadian companies are collected and analyzed, culminating in the development of an online tool for public use. This map allows interested users to geographically locate jurisdictions around the world where publicly traded Canadian oil and gas (hereafter O&G companies have activities, over time. The map is available at http://www.policyschool.ca/ research-teaching/teaching-training/extractive-resource-governance/ergp-map/. This project, hereafter referred to as the WIW project, provides a measure that quantifies Canadian oil and gas activity around the world and identifies key jurisdictions that are of particular interest to Canadian O&G companies. The data collected holds value for various stakeholders such as governments, regulatory bodies, academia, civil society, and industry across the extractive resource spectrum. Prior to further discussion regarding the 2011 annual data results, it is valuable to provide a brief overview of the methodology used in the collection of data for this research project. The WIW project examines the global activities of Canadian O&G companies in 218 countries spanning seven international regions of analysis.1 The aim of the WIW project is to examine the international presence of Canadian companies in foreign countries. As such, it is important to note that this project does not provide information related to the activities of Canadian companies within Canada’s border, such as the

  4. Managing environmental knowledge through learning processes in Spanish hospitality companies.

    Science.gov (United States)

    Cegarra-Navarro, Juan Gabriel; Martinez Martinez, Aurora

    2010-11-01

    The major focus of this research is to investigate whether environmental knowledge has any impact on organizational outcomes through an empirical investigation of 127 Spanish hospitality companies, using structural equation models. Our results show that environmental knowledge is an important determiner for developing organizational outcomes. However, this relationship is completed with just two related constructs: Firstly, the company's acquisition process plays a key role in managing the tension between the knowledge necessary to develop the appropriated environmental initiatives and current knowledge. Secondly, the company's distribution process also sheds light on tangible means for managers to enhance their company's outcomes through environmental knowledge.

  5. Innovation Environment in Small Technology-Based Companies

    Directory of Open Access Journals (Sweden)

    Gabriela Gonçalves Silveira Fiates

    2010-11-01

    Full Text Available Innovation has been identified as a strategy to achieve competitive advantage, particularly in contexts of change and especially for technology-based companies – TBCs. Although the adoption of innovation strategies is not easy, small companies have an organizational environment more conducive to innovation. This article examines how managers and employees of small TBCs perceive aspects of the internal environment of innovation in the organization (culture, organizational structure, personnel and infrastructure and their suitability for the innovation process. This is a qualitative research from a multicase study on five companies located in an incubator. Data were collected through open interviews, using a semi-structured script, with one of the managers and two employees from each company. Data were analyzed from preliminary content analysis. The results showed some discrepancies between the perceptions of managers and employees about the issues investigated and their suitability for the innovation system, as well as between reality and the theoretical basis used.

  6. Evaluation of energy saving tasks performed by the energy transmission and distribution companies; Denmark; Evaluering af energiselskabernes energibespareaktiviteter

    Energy Technology Data Exchange (ETDEWEB)

    Togeby, M. (Ea Energianalyse A/S, Copenhagen (Denmark))

    2012-05-15

    The evaluation is described in the Agreement of 20 November 2009 between the Danish Climate and Energy Minister and the distribution companies for electricity, natural gas, district heating and oil about the companies' future energy conservation efforts. The evaluation was conducted to provide recommendations for adjusting the system. The results of the evaluation show that energy companies and utilities meet the overall savings obligation. In 2011, 2,098 GWh savings are recorded, which is more than the obligation. The evaluation shows that the net effect is about 760 GWh (36%). When looking at types of energy companies, then the oil companies' activities generally have a low net effect and additionally is assessed to be low in relation to the district heating companies' renovation of the district heating network. The greatest additionally exists among large savings in the industry. The means that energy companies use to achieve savings obligations are significantly different today than a few years ago. Today there are grants for more than 85% of registered savings. Before 2006 primarily information and advice was used. Thus an estimated 400 million DKK annually is used for grants. Socio-economics is positive for the part of the effort that is aimed at businesses. The socio-economic value of the savings is calculated to be twice as large as the total cost when you only look at the industry. The system can thus be readily seen as a useful instrument to promote energy conservation in industry. For households, it is estimated that the net effect is 20% of the reported savings, while for industry the net effect is estimated to be 45%. Also, for renovations of the heat distribution networks the net effect is estimated to be low. (LN)

  7. Institutional Ownership and Corporate Social Performance: Empirical Evidence from Indonesian Companies

    Directory of Open Access Journals (Sweden)

    Hasan Fauzi

    2007-12-01

    Full Text Available Prior research on the relationships of institutional ownership and corporate social responsibility has focused on North American (U.S. and Canada and European companies.  With the passage of Indonesian Law No. 40 in 2007, Indonesian companies are now obligated to conduct CSP. As these companies objected to the passage of this law, awareness of how CSP may benefit Indonesian companies in terms of its positive impact on institutional investors needs to be investigated. Thus, this paper examines the relationships of IO and CSP for Indonesian companies. Unfortunately, contrary to the results for North American and European companies, we found no relationships between institutional ownership and corporate social responsibility for Indonesian companies. This finding suggests that most institutional investors do not include CSP as part of their investment decisions.

  8. INNOVATIVE MARKETING STRATEGIES IN TOP MOST COMPANIES

    OpenAIRE

    Sonia*

    2018-01-01

    This Research Study looks at various innovative marketing strategies used by our top most companies .Marketing strategies is a long term, forward looking approach to planning with the fundamental goal achieving a sustainable competitive advantage. Overall approach of this paper is to create a link between growth rate of companies and new marketing strategies. Good marketing is no accident, It is both an art and a science and it results from careful planning and execution using state-of-the-ar...

  9. NASA Lewis and Ohio Company Hit Hole in One

    Science.gov (United States)

    1998-01-01

    Ben Hogan Company's Golf Ball Division, which is based in Elyria, Ohio, had developed concepts and prototypes for new golf balls but was unable to determine exact performance characteristics. Specifically, the company's R&D department wanted to measure the spin rates of experimental golf balls. After the Golf Ball Division requested assistance, researchers and technicians from the NASA Lewis Research Center went to Elyria and conducted several days worth of tests. Ben Hogan is using the test results to improve the spin characteristics of a new ball it plans to introduce to the market.

  10. Corporate social responsibility in global and local companies of Southeast Europe

    Directory of Open Access Journals (Sweden)

    Čibukčić Fuad

    2017-01-01

    Full Text Available The aim of this work is the analysis of theoretical assumptions and empirical research to find the answer to the question on how the activities in the field of corporate social responsibility in the region of Southeast Europe are present in the business of global and local companies market. Whether and to what extent to implement socially responsible behavior of companies with a different ownership structure, the revenue volume, market share, market activities and markets where it operates, and if the objectives of the companies are in line with the goals of social communities. they offer other than legal, and more benefits for their employees and provide them extra protection, whether, and to what extent, the state helps in carrying out socially useful activities and the compliance of the company's positive legal norms and international standards? The result of the research offered the conclusion that social responsibility activities in companies market of SE Europe are present in an increasing scope, a CSR program contributes to the awareness of the importance and necessity of such activities in the construction of a positive corporate image and relations of the companies with communities and stakeholders in the region.

  11. Environmental practices of the auxiliary companies to the Spanish automobile industry

    Science.gov (United States)

    González-Torre, Pilar L.; González, Beatriz A.; Gupta, Surendra M.

    2005-11-01

    The automobile manufacturing industry plays a very important role in a country's economy. The importance of automobile manufacturing industry lies in its sheer size and complexity in terms of the direct and indirect influence it commands across many other industries. While millions of people are employed in the automobile manufacturing industry, it is estimated that more than two and half times that number are employed in the auxiliary companies that supply parts to the automobile manufacturing companies. The auxiliary companies represent a group of businesses of various sizes, types, and geographical locations, producing a vast variety of products ranging from the very simple to the extremely intricate. In this study, the current environmental practices of management in the core Spanish auxiliary companies that do business with the automobile manufacturing industry (and thus form a large part of the automobile manufacturing industry's supply chain) are investigated. We show that while automobile manufacturing companies are under scrutiny to become more and more environmentally friendly, not only at their manufacturing stage but also at their products' useful and EOL stages, there appears to be no such burden on the auxiliary companies. Our conclusion is based on an elaborate survey conducted during the fall of 2004 of Spanish auxiliary companies with questions about the characteristics, environmental practices and reverse logistics related activities carried out by the companies.

  12. Economic analysis of alternatives for optimizing energy use in manufacturing companies

    International Nuclear Information System (INIS)

    Méndez-Piñero, Mayra Ivelisse; Colón-Vázquez, Melitza

    2013-01-01

    The manufacturing companies are one of the main consumers of energy. The increment in global warming and the instability in the petroleum oil market have motivated companies to find alternatives to reduce energy use. In the academic literature several researchers have demonstrated that optimization models can be successfully used to reduce energy use. This research presents the use of an optimization model to identify feasible economic alternatives to reduce energy use. The economic analysis methods used were the payback and the internal rate of return. The optimization model developed in this research was applied and validated using an electronic manufacturing company case study. The results demonstrate that the main variables affecting the economic feasibility of the alternatives are the economic analysis method and the initial implementation costs. Several scenarios were analyzed and the best results show that the manufacturing company could save up to $78,000 in three years if the recommendations based on the optimization model results are implemented. - Highlights: • Evaluate top consumers of energy in manufacturing: A/C, compressed air, and lighting • Economic analysis of alternatives to optimize energy used in manufacturing • Comparison of payback method and internal rate of return method with real data • Results demonstrate that the company could generate savings in energy use

  13. Contingency Cost estimation for Research reactor Decommissioning

    International Nuclear Information System (INIS)

    Jin, Hyung Gon; Hong, Yun Jeong

    2016-01-01

    There are many types of cost items in decommissioning cost estimation, however, contingencies are for unforeseen elements of cost within the defined project scope. Regulatory body wants to reasonable quantification for this issue. Many countries have adopted the breakdown of activity dependent and period-dependent costs to structure their estimates. Period-dependent costs could be broken down into defined time frames to reduce overall uncertainties. Several countries apply this notion by having different contingency factors for different phases of the project. This study is a compilation of contingency cost of research reactor and for each country. Simulation techniques using TRIM, MATLAB, and PSpice can be useful tools for designing detector channels. Thus far TRIM, MATLAB and PSpice have been used to calculate the detector current output pulse for SiC semiconductor detectors and to model the pulses that propagate through potential detector channels. This model is useful for optimizing the detector and the resolution for application to neutron monitoring in the Generation IV power reactors

  14. Contingency Cost estimation for Research reactor Decommissioning

    Energy Technology Data Exchange (ETDEWEB)

    Jin, Hyung Gon; Hong, Yun Jeong [KAERI, Daejeon (Korea, Republic of)

    2016-05-15

    There are many types of cost items in decommissioning cost estimation, however, contingencies are for unforeseen elements of cost within the defined project scope. Regulatory body wants to reasonable quantification for this issue. Many countries have adopted the breakdown of activity dependent and period-dependent costs to structure their estimates. Period-dependent costs could be broken down into defined time frames to reduce overall uncertainties. Several countries apply this notion by having different contingency factors for different phases of the project. This study is a compilation of contingency cost of research reactor and for each country. Simulation techniques using TRIM, MATLAB, and PSpice can be useful tools for designing detector channels. Thus far TRIM, MATLAB and PSpice have been used to calculate the detector current output pulse for SiC semiconductor detectors and to model the pulses that propagate through potential detector channels. This model is useful for optimizing the detector and the resolution for application to neutron monitoring in the Generation IV power reactors.

  15. Sources of Value Creation in Born Global Companies

    Directory of Open Access Journals (Sweden)

    Augustyniak Dobrochna

    2017-06-01

    Full Text Available Research about the phenomenon of rapid internationalization of small and medium size companies has evolved over the last two decades. Nevertheless, questions about business models or value creation in born global enterprises are rarely addressed in the literature. The objective of this article is to develop a theoretical framework for analyzing the sources of value creation in the business models of international new ventures (INV global companies, starting with adapting the model by Amit and Zott [2001, 2010] to early internationalizing venture. Current literature on international entrepreneurship, business models and value creation is also used as a basis for suggesting future empirical research recommendations.

  16. Employees' Motivation for SPI: Case Study in a Small Finnish Software Company

    Science.gov (United States)

    Valtanen, Anu; Sihvonen, Hanna-Miina

    In small software companies the resources available for SPI are often limited. With limited resources, the motivation of the employees becomes one of the key factors for SPI. In this article, the motivational factors affecting a small company's SPI efforts are discussed. In the research, we carried out interviews and a survey in a small Finnish software company considering the motivation towards SPI. The results are presented here and compared with earlier motivation research. There were differences revealed while comparing the motivating factors of smaller companies to those of larger ones. In large companies the focus seems to be on the business related motivators and in small ones the motivators related to comfortability of work are emphasized. Motivation survey and the interviews proved to be useful tools in planning the future SPI strategy. A lot of valuable information was discovered for planning and implementing the next steps of SPI.

  17. ASPECTS REGARDING THE EFICIENCY OF INTERACTION EXTERNAL ENVIRONEMENT OF BUSINESS - COMPANY

    OpenAIRE

    DANA-CODRUŢA DUDĂ-DĂIANU; DANIELA HARANGUŞ

    2012-01-01

    The aim of the research is to highlight and analysis of opportunities for implementing interaction management "business external environment - the company". In accordance with the order named, it outlines the following objectives: to identify opportunities and threats to the aviation sector level and application of interaction management "business external environment - the company", the study of factors influencing the external environment of business aviation company, determining interdepen...

  18. Crisis Diagnosis in Anti-Crisis Management Process in a Company

    OpenAIRE

    Ruta Meiste; Sandra Jakstiene

    2015-01-01

    Crisis concept links up to its appearance area. Some different kinds and levels of crises have been found: we face with global, mainly nature cataclysm crises, state economic crises, corporate crises and individual or psychological crises. The research area of this paper is micro level, i.e. corporate crises or crisis in a company. However, it is emphasized that company is a sociotechnical system, performing in a complex environment, therefore crisis in a company is closely related to global ...

  19. Marketing plan for company X

    OpenAIRE

    Trishkina, Olga

    2014-01-01

    The aim of this master´s thesis is to make a structured marketing plan for company X, which provide tourism services in Finland. The thesis is done with qualitative method, which is the most suitable for marketing research, because it is mostly analyzing and description rather than statistical or numerical reports. In the theoretical part is studied secondary data of the topic, including research about marketing, marketing plan, customer relationship management, customers´ satisfaction a...

  20. The evaluation of the status of nondestructive testing (NDT) companies in the Philippines

    International Nuclear Information System (INIS)

    Mateo, Alejandro J.

    2002-10-01

    This research study assessed the present status of the NDT companies practicing the five techniques and methods in nondestructive testing and found answers to the following questions: what is the profile of the NDT companies and NDT personnel in terms of type, category of the company, number of years in operation, capitalization, nature of NDT services offered, number of certified NDT personnel their age, sex, marital status, educational attainment, monthly salary, NDT training and work experience of NDT personnel; what is the level of adequacy of the NDT companies based on the following organization-related factors: financial support human resources, availability of NDT/office equipment/vehicles, available facilities and quality systems; what is the status of the NDT companies in terms of level of performance, in-house activities, level of competitiveness and conformity with PNS-146:1998; are there significant differences in the perceptions of the respondent's on the status of the NDT companies when grouped according to age, sex, salary, work experience; and what personal and organizational-related factors affect the status of the NDT companies. The research study provided for the researcher an opportunity to identify and analyse the problems and concern of the local NDT sector to be able to recommend solutions for the NDT to attain the status of a profession and/or career and with all NDT companies and NDT personnel act as professionals in the performance of NDT services and other NDT-related activities. The study will achieve the following objectives: to the accredited NDT companies, the accreditation will provide the recognition of the companies as to the quality of personnel, equipment, and services they provide to the client; to the client, the accredited NDT companies will provide the assurance of the quality of personnel, equipment and service provided; to the other NDT companies, the accreditation of the NDT company will provide the impetus that they

  1. Artistic quality in an opera company : toward the development of a concept

    OpenAIRE

    Boerner, Sabine

    2004-01-01

    This article elaborates a first concept for defining artistic quality in a nonprofit professional opera company. To specify the artistic quality of an opera company, we identify two components: profile quality and performance quality. The article discusses the limitations of this preliminary concept and considerations for further research on artistic quality in an opera company.

  2. The Analysis of the Use of Outsourcing Services in Logistics by Czech Manufacturing Companies

    Directory of Open Access Journals (Sweden)

    Hrusecka Denisa

    2015-09-01

    Full Text Available This research analyses logistics outsourcing services from the viewpoint of client companies (manufacturing companies. The main goal is to show how intensively various logistics outsourcing services are used by Czech manufacturing companies in comparison with other world regions, and which areas of logistics outsourcing should be considered more seriously in order to increase logistic efficiency. The study is based on a quantitative and qualitative investigation of Czech manufacturing companies. Firstly, the brief overview of the present situation in the Czech market is presented. It is based on survey data. The results of this quantitative study are compared with global research activities, especially with the 2013 Third-Party Logistics Study carried out by Capgemini Consulting Company. Next, results of the qualitative investigation are discussed. This part describes the experience of four selected Czech manufacturing companies with logistics outsourcing, the main problems they face in this area and their future plans and expectations. The present study is part of a more complex research currently being carried out by the authors.

  3. Computer-Aided Parts Estimation

    OpenAIRE

    Cunningham, Adam; Smart, Robert

    1993-01-01

    In 1991, Ford Motor Company began deployment of CAPE (computer-aided parts estimating system), a highly advanced knowledge-based system designed to generate, evaluate, and cost automotive part manufacturing plans. cape is engineered on an innovative, extensible, declarative process-planning and estimating knowledge representation language, which underpins the cape kernel architecture. Many manufacturing processes have been modeled to date, but eventually every significant process in motor veh...

  4. E-commerce in small and medium companies in the Republic of Croatia

    Directory of Open Access Journals (Sweden)

    Heri Bezić

    2009-12-01

    Full Text Available Fast progress of information-communication technology, distribution of computer networks and wider usage of Internet are basis for the new industrial revolution. Therefore, e-commerce presents new possibility of gathering competitive advantages on the world market, especially for small and medium companies. In order to determine the current stage of electronic readiness and electronic intensity of using the e-commerce in small and medium companies in Croatia, there was a research carried through micro, small and medium companies on national level. Although the acceptance of Internet technologies and implementation of e-commerce ensures to small and medium companies to compete on the world market with large companies and to have efective infuence on their growth and development, the research showed that Croatian micro, small and medium companies, despite of their high level of electronic readiness and implementation of modern information-communication technologies, are not favorable in their usage in everyday business. It is necessary to figure out the universal model to remove barriers for implementation and acceptance of e-commerce.

  5. Main Causes Of Mortality Of Companies In Central Region Of Ecuador

    Directory of Open Access Journals (Sweden)

    Jorge Vladimir Núñez Grijalva

    2015-12-01

    Full Text Available Most of the studies concerning trading companies, addressing aspects of the initial stage in the life of these, such as its formation stage. However, few studies have examined the final stage of a company and especially the causes of mortality and closing. This article analyzes the main causes of mortality trading companies from three different and complementary disciplines at once: legal, administrative and financial accounting in commercial companies of the Central Region of Ecuador. This research provides a summary of the major causes of mortality, which should be considered by the current and future employers, in order to strengthen their decisions regarding the survival of companies.

  6. Influence of TQM Practices and Service Innovation Types on Performances of the IT Romanian Companies

    Directory of Open Access Journals (Sweden)

    Mateescu Mihaela

    2017-01-01

    Full Text Available This paper presents a mathematical model intended to investigate the influence of TQM andservice innovation types on service companies performance. The company performance is regardedas the model output and is built out of the financial performance and the non-financialperformance. The two performances are generating competitive advantage. The estimated non–financial performances are represented by the quality performance and the innovativeperformance. The data used to build the model were taken from the IT Romanian companies.

  7. Using 3 × 3 Matrix to Evaluate the Manufacturing Technology in Food Company

    Directory of Open Access Journals (Sweden)

    Ingaldi Manuela

    2016-06-01

    Full Text Available In order to produce goods of sufficient quality finding buyers in the market, a company must have an adequate knowledge of their production technology. Technologies and finished products at the same time will affect the position of the company in the market and hence its existence in this market. Therefore, it is so important for every company to determine the appropriate technological strategy. The 3 × 3 matrix is a very useful tool to do so. This matrix shows the relation between technological possibilities of the company and its position in the market. However, that requires changing the scale used in the matrix. In practice, this means that both those that have a positive impact on the company and those that have a negative impact on it can be included in the factors. The research was conducted in a food industry company. It turned out that the research company was located in field of the matrix marked as ‚Improve marketing’. It means that the company should put more emphasis on improving the factors related to its position in the market.

  8. TAX TREATMENT OF CARBON CREDIT OPERATIONS IN BRAZILIAN COMPANIES WITH CDM PROJECTS

    Directory of Open Access Journals (Sweden)

    Vanderlei dos Santos

    2012-06-01

    Full Text Available The aim in this study is to identify the tax treatment applied to carbon credit operations in Brazilian companies that are developing projects in the context of the Clean Development Mechanism (CDM. Therefore, an exploratory research with a qualitative approach was developed. Data were collected with the help of questionnaire, forwarded to all Brazilian companies with CDM projects that received approval from the Inter-Ministerial Commission on Global Climate Change (CIMGC without safeguards, according to the list of the Brazilian Ministry of Science and Technology. Out of 117 companies listed, only five answered the research instrument, which represents an accessibility sample. The results show that, as for the tax treatment applied in the companies under analysis, IRPJ and CSLL should be charged on carbon credit operations. Regarding PIS, COFINS, ISS, some companies considered that these taxes are due and others that they are not. There is a consensus, though, about the fact that ICMS and IOF should not be charged. In conclusion, no uniform understanding exists as of yet about due taxes in the research sample, as no specific fiscal legislation exists yet on carbon credits in Brazil.

  9. Measuring the Company Performance

    Directory of Open Access Journals (Sweden)

    Ion Stancu

    2006-01-01

    Full Text Available According to the logics of the efficient capital investment, the management of the investment of the saving capital in the company’s assets must conclude, on the end of the financial year, with a plus of real value (NPV > 0. From this point of view, in this paper we suggest the usage of an investment valuation model for the assessment of the company managerial and technological performance. Supposing the book value is a proxy of the just value (of assets and operational results and supposing the capital cost is correctly estimated, we evaluate the company’s performance both by the net present value model, and also by the company’s ability to create a surplus of the invested capital (NPV >0. Our paper also aims to identify the performance of the financial breakeven point (for which NPV is at least equal to zero as the minimum acceptable level for the company’s activity. Under this critical sales point, the company goes through the undervaluation of shareholders fortune even if the company’s sales are greater than accounting breakeven point. The performance’s activity level is one which the managers recover and surpass the cost of capital, cost which stand for the normal activity benchmark. The risks of applying of our suggested model we support go down to the confidence of accounting data and of the cost of capital estimating. In spite all of this, the usage of a sensitivity analysis to search an average NPV would leads to the company’s performance valuation within investment logic with a high information power.

  10. Marketing Communication Strategies of the Industrial Companies

    Directory of Open Access Journals (Sweden)

    Wojciech Wodyński

    2007-07-01

    Full Text Available Industrial market, created by companies, which buy and sell goods which are not directly for consumption, but are used in production process, communicates with the environment in a specific way. Many industrial companies supply only the customers of non consumption goods market and hence they do not enter into direct contact with a final consumer. In such cases recognizing the customers needs is even more difficult. Such environment requires efficiently functioning and planned communication of the company with the market. This study presents methods and strategies of marketing communication really used in industrial companies. While analysing marketing strategies of industrial companies, the author draws the attention to the fact that even though there was system transformation, the state still has significant impact on functioning and development of industry and that in a way directs and created barriers in companies functioning. Such conditions force even more active marketing communication as well as searching new solutions. As there are more and more sophisticated marketing techniques related to digital media, there is also a growing demand for strategic solutions in marketing communication. Digital media, first of all the Internet, provide so far unavailable possibilities of researching consumers behaviours and ways of using media. They also give a chance to follow the behaviour of smaller, unique and often social groups of consumers.

  11. Master Data Management Model in Company: Challenges and Opportunity

    Directory of Open Access Journals (Sweden)

    Indrajani Indrajani

    2015-12-01

    Full Text Available The purpose of this research is to analyze, design, and implement Master Data Management (MDM model for company, which include database processing that will be used in the quality of data customer and produce single view of customer. The research method used is literature study from a variety of journals, books, e-books, and articles on the internet. Also, fact finding techniques are done, such as by analyze, collect, and examine the documents, interviews, and observations. Then, other research methods used to analyze and design MDM model are using cleansing and matching technique. The result obtained from this research is animplementation MDM model for the company, where if implemented, will improve the quality of data significantly. The conclusion which can be obtained from this research is that MDM is one of the factors thatcan improve the quality of customer data.

  12. The importance of intellectual capital in the company

    Directory of Open Access Journals (Sweden)

    Andreja Lavrič

    2016-06-01

    Full Text Available Research Question: This article explores the importance of intellectual capital in the company. Purpose: To determine what is the importance of intellectual capital in businesses in the current economic climate. Method: As a research method I used descriptive method, and review of the literature in the form of articles and books. Below I summarize important observations and insights. Results: Intellectual capital has a significant and positive impact on the business performance of the company, but it is underestimated. Organization: The research contributes to a better achievement of business performance. Society: Better business contributes to the wider environment, as this will also ensure stability of the organization. Originality: A different perspective on the importance of intellectual capital. There are not a lot of transparent articles on this topic. Limitations/Future Research: Limitation of the study is that we have discussed only a certain number of resources.

  13. Report raises questions about drug companies advertising budgets.

    Science.gov (United States)

    1999-08-06

    A report by AIDS Action cites that data, indicates the pharmaceutical industry is spending more resources on marketing and advertising than on research and development (R&D). The pharmaceutical industry blames the high cost of AIDS drugs on R&D information compiled from annual reports and industry publications show excessive marketing as the source. A spokesman for the Pharmaceutical Research and Manufacturers of America (PhRMA) disputes the information in the AIDS Action report as misleading. According to PhRMA, research spending has been steadily increasing, and at a greater rate than any other industry. In addition, PhRMA noted that pharmaceutical companies have already dedicated money to fund initiatives in developing countries. Solutions proposed by AIDS Action include lowering drug prices or transferring funds from marketing to research, and reestablishing the "reasonable pricing clause" between National Institutes of Health and those companies seeking tax breaks for R&D.

  14. [Does the public sector have an independent research role in the development of drugs?].

    Science.gov (United States)

    Poulsen, Henrik Enghusen; Grønlykke, Thor Buch

    2003-04-14

    Exclusively private companies do drug development. The State contributes with education of academics and basic research constituting the basis of half of the drugs developed by the private companies. The Danish private drug research amounts to six billion DKK per year, corresponding to the estimated price of the development of one new drug. The development shows a negative tendency. There are doubts about the scientific credibility, the number of new drugs is declining, drug development costs are rising, and the competitiveness in Europe is declining compared with the one of The United States. Continued improvement of Danish drug development can be achieved by stimulation of the public research related to drug development.

  15. Corporate Governance and Related Parties Transactions - Evidence from Romanian Listed Companies

    Directory of Open Access Journals (Sweden)

    Iuliana Oana MIHAI

    2017-06-01

    Full Text Available The objective of this work is to offer contributions to improve the understanding of related party transactions. Our goal is to explore the role of related party transactions from the perspective of company�s corporate governance environment. Even though there is a growing interest in related party transactions, there is little academic literature to understand the nature of related party transactions and their economic consequences. Our study was conducted on a sample of 40 companies listed companies on Bucharest Stock Exchange activating in manuafacuring sector. Our objective was to analyse the way the companies follow the requirements of transparency of related party transaction. Based on our observations on companies� financial reports and companies web-sites, the level of transparency between these companies was reflected by an index estimated from producers� scores on Likert-type scales (one to five that showed to what extent they disclose or not disclose information such as relationship between parents and subsidiaries, key management personnel compensation, the value of transactions with related parties or separate disclosure for the group entities.

  16. Assesing the Effectiveness of Joint Companies in Russia: Industry-Specific Features

    Directory of Open Access Journals (Sweden)

    Elena Anatolyevna Fedorova

    2015-06-01

    Full Text Available The paper evaluates the effectiveness of joint and domestic companies using ROA (operational efficiency and DEA (technical efficiency methodologies. The technical efficiency was estimated in two ways: according to the classical scheme and taking into account spillover effects. The study was based on statements of Russian companies (23 567 joint enterprises and 14 653 companies without FDI for the period of 2008-2012. The authors used RusLana resource to get following information: balance sheets, profit and loss statements, capital structure, number of employees and regional affiliation. The study found that joint companies usually operate more effectively than domestic ones. The authors also conclude that the crisis has not caused severe damages to the average effectiveness by industries. More than that, Russian economy has positive horizontal and vertical FDI spillover effects which increase as time goes by. In 2012 the most efficient joint companies (in terms of technical efficiency belonged to the following industries: coke and petroleum production, chemical industry and metallurgy. The most ineffective ones included following: wholesale and retail trade, machinery and equipment production and agriculture

  17. Analysis Of Lean Accounting JIT And Balance Scorecard In The Companys Lean Manufacturing

    OpenAIRE

    Irwan Sutirman Wahdiat

    2015-01-01

    This research purpose to analyze the concept of Lean Manufacturing which is influenced by the role of JIT. This research uses a theoretical approach. This study portrait thinking companies that have yet to implement lean manufacturing and after doing the concept of lean manufacturing. This study shows that the concept of lean manufacturing can make the company more efficient and effective. This paper shows some lean manufacturing dimensions of the researchers previous researchers. This study ...

  18. Can Reverse Innovation Accelerate the Growth of Global Companies?

    Directory of Open Access Journals (Sweden)

    Ahu Tuğba Karabulut

    2017-11-01

    Full Text Available The purpose of this paper is to explain the importance of reverse innovation for the growth of global companies. According to literature review, reverse innovation affects the growth of global companies both in developing and developed countries. Thus, it is suggested that global companies should open R&D centers in developing countries to conduct researches to tailor new products for their needs. When these products succeed, they can offer them to other developing and developed countries to continue to grow in the long run. They can fill out market niches which represent unmet demands of price sensitive and not wealthy customers in developing countries. It can be concluded that reverse innovation can accelerate the growth of global companies.

  19. IMAGE AS THE MOST IMPORTANT ELEMENT OF MARKETING COMMUNICATIONS OF THE COMPANY

    Directory of Open Access Journals (Sweden)

    Alexey V. Moskaev

    2014-01-01

    Full Text Available The article is devoted to use of image of the company in achieving its long-term competitiveness. Shown the position of image of the company in the commercial and communication activities of the company. Discussed methodological and practical issues of formation, research and development of image of the company. Proposed concrete steps for its creation and development, including in the light of new opportunities provided by Web 2.0 and user-generated content.

  20. Systematic risk variations (beta) convertible debenture brazilian companies

    OpenAIRE

    Renata Drumond Pinto Coelho Antonino; Wagner Moura Lamounier; Roberto Kaehler de Albuquerque Maranhão

    2010-01-01

    purpose of this article is to analyze the impact of issuing convertible debentures on the systematic risk of Brazilian companies. Some applied researches in the U.S. capital market (STEIN, 1992; LEWIS et al, 2002; RAI, 2005) indicate that convertible debentures may be used as an alternative financing source when adverse selection problem makes stock issuing unattractive financing source. The analysis of Brazilian companies that issued convertible debentures recorded in the period from 1998 to...

  1. Technology Estimating 2: A Process to Determine the Cost and Schedule of Space Technology Research and Development

    Science.gov (United States)

    Cole, Stuart K.; Wallace, Jon; Schaffer, Mark; May, M. Scott; Greenberg, Marc W.

    2014-01-01

    As a leader in space technology research and development, NASA is continuing in the development of the Technology Estimating process, initiated in 2012, for estimating the cost and schedule of low maturity technology research and development, where the Technology Readiness Level is less than TRL 6. NASA' s Technology Roadmap areas consist of 14 technology areas. The focus of this continuing Technology Estimating effort included four Technology Areas (TA): TA3 Space Power and Energy Storage, TA4 Robotics, TA8 Instruments, and TA12 Materials, to confine the research to the most abundant data pool. This research report continues the development of technology estimating efforts completed during 2013-2014, and addresses the refinement of parameters selected and recommended for use in the estimating process, where the parameters developed are applicable to Cost Estimating Relationships (CERs) used in the parametric cost estimating analysis. This research addresses the architecture for administration of the Technology Cost and Scheduling Estimating tool, the parameters suggested for computer software adjunct to any technology area, and the identification of gaps in the Technology Estimating process.

  2. Creative Economy as Applied to Information Technology (IT Companies

    Directory of Open Access Journals (Sweden)

    Leonardo Fabris Lugoboni

    2014-06-01

    Full Text Available This research addresses creative economy, wherein creative industries are deemed amongst the economy's most dynamic sectors and are characterized as being those that highly prize intellectual capital, invest in technology and innovation. Collectively, these in turn offer individuals, businesses and cities opportunities to generate economic growth and development. The study herein presented sought to examine the application of creative economy at information technology companies. To this effect, IT professionals and others who work at large technology companies were interviewed so as to identify creative economy characteristics at companies comprised by this specific economic sector. Findings enabled the conclusion that creative economy is effectively present in IT companies´ day-to-day routines since the former is reportedly a sector that features a high degree of both dynamism and constant change, whereby creative economy characteristics help companies innovate whilst simultaneously hallmarks as being extremely demanding.

  3. IT Tools and their Use in Strategy Creation in Respect of Economic Results of a Company

    Directory of Open Access Journals (Sweden)

    Ladislav Pálka

    2016-01-01

    Full Text Available Purpose of the article: The article analyzes the current state of information technology in terms of their use in a strategy creation of a company in relation to monitoring the economic results of a company. It investigates, identifies and evaluates the overall situation of the concept and principles of these tools, their effectiveness in drawing up the strategy and strategic company goals, the ability to perform a variety of economic analysis without the need of a complex operation and understanding, but also for an effective evaluation of data for a planning support, management and deciding of management components, leading to the overall success of a company. The reason for this monitoring is a considerable difference between strategic company planning and its real results. Methodology/methods: In terms of methodology, the literature review of the current state of the issue has been used. – Primary: interviews, observations, expert estimation. – Secondary: evaluation of the data from the database of IS, documentation of seminars. – Quantitative Research: mapping the orientation of the issue, the confrontation with the theory. – Qualitative research: projective, structured interview (by users and suppliers. Scientific aim: The main aim of the work is to solve the problems of management and evaluation of the economic process in respect of information technology tools in connection with the formation of corporate strategy and monitoring of financial results of the company. The reason for selecting of the above-mentioned issue is the fact that information technology resources are currently not used in the creation of corporate strategy, specifically in the area of economic goals. Findings: To describe the situation in the region and to clearly define the basic problems used as a basis for the use of IT support tools in creation of corporate strategy, namely economic goals and the use of feedback of information support tools for assessing

  4. Environmental management and operational performance in automotive companies in Brazil

    DEFF Research Database (Denmark)

    Jabbour, C.J.C.; De Sousa Jabbour, A.B.L.; Govindan, Kannan

    2013-01-01

    The main objective of this study is to verify the influence of Environmental Management (EM) on Operational Performance (OP) in Brazilian automotive companies, analyzing whether Lean Manufacturing (LM) and Human Resources (HR) interfere in the greening of these companies. Therefore, a conceptual...... framework listing these concepts was proposed, and three research hypotheses were presented. A questionnaire was elaborated based on this theoretical background and sent to respondents occupying the highest positions in the production/operations areas of Brazilian automotive companies. The data, collected...

  5. Research study about the establishment of safety culture. Effects of organizational factors in construction industry's safety indices

    International Nuclear Information System (INIS)

    Kojima, Mitsuhiro; Hirose, Humiko; Takano, Kenichi; Hasegawa, Naoko

    1999-01-01

    To find the relationships between safety related activities (such as safety patrol' or '4s/5s activities') and accidents rate in the workplace, questionnaires were sent to 965 construction companies and 120 answers were returned. In this questionnaire, safety activities, safety regulations and safety policies of the companies were asked and organizational climates, company policies, philosophies and the number of accidents in workplace were also asked. There seems some relationships between accidents rate and safety activities, safety regulations and safety policies in the companies, but the deviations between estimate values and observed values are so great that it seems impossible to estimate the accidents rate in the working place from the safety activities, safety regulations and safety policies of the companies. On the other hand, some characteristics of safety activities and organizational climates in the construction industry were identified using multi variants analysis. More detailed researches using sophisticated questionnaire will be conducted in the construction industry and petrochemical industry and relationships between the accidents rate and the safety activities will be compared between different industries. (author)

  6. Importance of development factors in company dealing with cataphoresis coating method

    Directory of Open Access Journals (Sweden)

    Dorota Klimecka-Tatar

    2014-06-01

    Full Text Available The main aim of presented in this paper results is analysis of the most important factors in the company activity. The questionnaire test were carried among persons employed by the company, which mainstream is method of cataphoresis anti-corrosion coating. In the paper also validity of the Toyota roof elements were defined. Based on research as the most important factors of the company mission, indicated the quality factor.

  7. Evaluation of a Marketing Campaign: A Case Study of Company X

    OpenAIRE

    Moisio, Ada

    2015-01-01

    This thesis concentrates on evaluating a marketing campaign for the case Company X in Finland. The thesis will present the importance of thoroughly understanding different stages of the process of implementing a public communication campaign. Systematic evaluation of marketing campaigns can provide the case company with invaluable information. The reason for elaborating this research was the authors aspiration in cooperation with case companies management to evaluate campaign data from a ...

  8. DETERMINANTS AFFECTING THE SUCCESS OF DISTRIBUTION GRID PROJECTS IN BINH THUAN POWER COMPANY, VIETNAM

    OpenAIRE

    Pham Van Tai* & Le Duc Thu

    2017-01-01

    The research identified the critical factors affecting the success of the distribution grid project in Binh Thuan Power Company, clarify the mutual relationship between the critical factors affecting the success of the distribution grid project in Binh Thuan Power Company and recommended and rated the solution to enhance the success of the distribution grid project in Binh Thuan Power Company. The research had found fours critical factors: External factors of project, Controlling and coordina...

  9. ANALYSIS OF COMPANY SIZE, FINANCIAL LEVERAGE, AND PROFITABILITY AND ITS EFFECT TO CSR DISCLOSURE

    OpenAIRE

    Suskim Riantani; Hafidz Nurzamzam

    2015-01-01

    This study aims to analyze and recognize the effect of financial performance measured through company size, financial leverage and profitability to Corporate Social Responsibility Disclosure (CSRD). The research was done in Tobacco Company listed in Indonesia Stock Exchange during period of 2007-2011. Descriptive analysis and verification method was used as the research method. The purposive sampling method was used to obtain the sample and there are three cigarette companies as the sample. M...

  10. An FAHP-TOPSIS framework for analysis of the employee productivity in the Serbian electrical power companies

    Directory of Open Access Journals (Sweden)

    Snezana Pavle Knezevic

    2017-09-01

    Full Text Available The aim of this paper is to apply an integrated model, which combines methods of classical and fuzzy Multi-criteria decision making (MCDM in selected six large equity companies from the Serbian energy sector. The data considered are retrieved from the official financial statements. Four main criteria were analyzed, identified by the previous researchers and pointing to the employees productivity: Operating income/Number of employees, Equity/Number of employees, Net income/Number of employees and Total assets/Number of employees. The contribution of this paper lies in the application of a hybrid model that integrates two MCDM methods: Fuzzy Analytic Hierarchy Process (FAHP and Technique for Order Performance by Similarity to Ideal Solution (TOPSIS to analyse the employee productivity in selected D-Electrical power supply companies operating in Serbia. The FAHP is an effective method for mathematical representation of uncertain and imprecise evaluations made by humans, while the TOPSIS method is an efficient way to rank the alternatives. Results show that operating income is of highest importance for estimating employee productivity and decision making, while equity is of the weakest. Furthermore, the most productive operations in large enterprises from selected companies of the sector D-Electrical power supply are found in the company PC EPS Beograd, and the lowest are in the ED Center llc Kragujevac.

  11. The Effect of Social Media to the Brand Awareness of a Product of a Company

    Directory of Open Access Journals (Sweden)

    Hansel Bagus Tritama

    2016-05-01

    Full Text Available Social  media  is an online media, where the users can easily participate, share, and create any content such as banner,  posters, videos and advertisement.  Many companies  use these  social  media as  a tool to promote their products  and make  customers aware  with their brand. On the other hand, not all companies  succeed to market their products and make their products are at their customers’ awareness. The purpose of this research is to find the correlation  between social media commu- nication marketing  with companys brand awareness in social media.  The research  method for this research  is quantitative  research.  This method collects  data with explanative research type which explains the relationship between two variables. The result  of this research  is to show that marketing  communication in a company has an impact to company’s brand awareness. In addition, this research wants to show that marketing via social media can give impact  to company’s revenue. The summary of this research  is to get significant  information  about the effect of social media toward companys brand awareness through quantitative  and explanative  research  method due to the rising of social media.

  12. Using EVA Method to Assess Achievement of BEJ Registered Retail Trade Company

    Directory of Open Access Journals (Sweden)

    Haryadi Sarjono

    2009-03-01

    Full Text Available This research aims to evaluate the the achievement in terms of the company finance, on whether it adds value or not to shareholders and investors in generating profit on top of used capital or normally mentioned as the method of EVA. This research was carried out against 10 retail trade companies that registered in BEJ during the finance year of 2005 by using the documentary or secondary data obtained from the Centre of the Pasar Modal Reference (PRPM in the Building of Bursa Efek Jakarta (BEJ. Evaluation results suggested 6 companies for future investment.

  13. COMPARATIVE RESEARCH ON THE FUNDAMENTAL ANALYSIS OF SHARES FROM COMPANIES LISTED ON BUCHAREST STOCK EXCHANGE

    Directory of Open Access Journals (Sweden)

    Mihaela-Cristina Onica

    2015-05-01

    Full Text Available Upon passing to a market economy, it became necessary to find out information as accurate as possible regarding the risk of bankruptcy of a certain companyin the future, in order to determine the share of such a risk and the importance of the fundamental analysis within the prediction of the evolution of stock price. In spite of these, specialists say that this type of analysis, in relation to the technical analysis, in the context of the financial crisis, determined an accentuated decrease of the stock exchange indices on an international level. The paper deals with the results of the research and of a comparative study regarding the fundamental analysis of the shares of 6 companies listed on Bucharest Stock Exchange (BVB.

  14. World oil and gas exploration trends: A comparative study of national and U.S. private oil companies

    International Nuclear Information System (INIS)

    Ghouri, S.S.K.

    1991-01-01

    This study hypothesizes that private oil companies and state-owned, national oil companies (NOCs) have different objectives and priorities and thus that different behavioral models are needed to explain changes over time in the level of exploration by these two groups of companies. More specifically, exploration by private companies is expected to be more sensitive to changing oil prices than exploration by NOCs. The study develops three different sets of expected determinants of change over time in the level of exploration (for private companies, and two groups of NOCs-oil importers and non-OPEC oil exporters). In the private-sector model, exploration is driven by expected determinants of profitability, such as oil prices and exploration costs. The NOC models also include national-priority variables, such as import dependency. The study then tests these behavioral models by specifying and estimating econometric models for the period 1970-1988 for 11 companies from the three company groups. Three econometric models are used: static, Koyck distributed lag, and Almon polynomial distributed lag models. The study concludes on the basis of three comparisons that different behavioral models are needed to understand changes in the level of exploration by private companies and NOCs. First, the private-sector model is estimated for all companies. For private companies, the private-sector model works well, whereas for the NOCs it does not, presumably because important determinants of NOC exploration are excluded from the model. Second, when these excluded variables are included in the specification, regression results for the NOCs improve significantly. Third, the private companies have higher elasticities of exploration in both the short run and long run than the NOCs

  15. Critical success factors for competitiveness of construction companies: A critical review

    Science.gov (United States)

    Hanafi, Abdul Ghafur; Nawi, Mohd Nasrun Mohd

    2016-08-01

    Making progress basically, a fundamental issue for the construction companies to get by in a highly competitive industry. From time to time, industry players are facing stiff and tough competition due to large number of players, whether existing or new players involved from various background and track record. Furthermore, the large numbers of component deciding the competitiveness of contractors, whose organization structures and governance have turned out to be more muddled. Different construction companies have their own unique criteria which may differ from one to another. The enormous amount of issues needs to bring down to manageable numbers so that measures can be identified and scrutinized to enhance competitiveness. This paper discusses the result from the critical investigation from past studies in the Asian countries, namely China, India, Thailand, Singapore and Malaysia. Several fundamental factors have been identified as CSFs in construction companies in respective country. Also highlighted a critical survey based upon various literatures written on this subject where critical success factors (CSFs) as a yardstick to gauge the relationship among CSFs in various construction companies in the Asian region. Far reaching estimation of an organization's performance and resulting input to its supervision is crucial for business change. Estimation additionally empowers organizations to be contrasted from one another on the premise of institutionalized data, permitting best practices to be distinguished and connected more widely. Different countries have their own set of critical success factors (CSFs) which may differ in term of priority and at the same time share common elements of success factor in accomplishment as a construction companies. The study, which is exploratory in nature, embraced the content investigation and inductive technique to accomplish its objectives.

  16. Different ways to organize the processes of financial administration : a field study of medium-sized Finnish companies

    OpenAIRE

    Nummela, Maria

    2011-01-01

    This research concentrates on exploring the ways how financial administration is currently organized in medium-sized companies in Finland. Decentralization, centralization and outsourcing are options that are available to different-sized companies. The study was executed as a field study in seven medium-sized Finnish companies that represent different branches. Furthermore, the research method was qualitative theme interview. As large companies have already established their financial service...

  17. Innovation. An Instrument for Development of Companies

    Directory of Open Access Journals (Sweden)

    Ana-Maria Nica

    2017-05-01

    Full Text Available Innovation is seen in numerous specialized studies as an efficient method for improving the performance of a company based on the sector in which that company operates. Based on this idea, the article aims to determine the nature of inter-correlation between the innovation activity of companies and the level of performance of these, which are the main types of innovation and how they can influence companies` position and how the sector of activity can influence the dimension of the impact of innovation. For achieve these objectives have been analysed empirical studies in various sectors, studies which have highlighted a positive inter-correlation between innovation activity and the performance of companies with significant differences depending on the type of innovation and industry use. The article is completed by an empirical analysis which aims to determine the extent to which performance of companies in the construction sector is sensitive to innovation activity. For the analysis were collected data from 14 companies which developed the specific activities in the construction sector of Europe, were achieve a total of 112 observations. The results obtained by applying a multiple regression model shows a positive correlation relationship between indicators of innovation (R&D expenditures and the value of patents/patents on the one side and performance indicators (equity, labour productivity and number of employees on the other side. Another direction of research analysed in this paper is to determine the impact of labour indicators on the level of innovation, in this situation was achieve a positive but insignificant inter-correlation between those indicators.

  18. VUJE, Inc. Company mission

    International Nuclear Information System (INIS)

    2008-01-01

    VUJE is an engineering company that performs design, supply, implementation, research and training activities, particularly in the field of nuclear and conventional power generation. Our earlier research specialization in the field of nuclear power generation has gradually diversified into design and engineering activities during performing particular tasks. Nowadays we are able to provide all activities related to construction, operation, modernisation and finally termination of operation mainly of power generating facilities. Our objective is to offer complex, professional and quality solutions according to our customers' needs and thus assist to show real asset of nuclear energy generation. (author)

  19. The Capital Structure of the Companies Quoted on the Warsaw Stock Exchange

    Directory of Open Access Journals (Sweden)

    Paweł Wnuczak

    2010-12-01

    Full Text Available This paper presents the results of the research on the influence of capital structure on financial results of the companies quoted on the Warsaw Stock Exchange. The research shows a relation between a capital structure and a potential to increase firm value, return on equity and return on sales. The results of the research indicate how the companies quoted on the Warsaw Stock Exchange finances its assets and how it influences its financial standing.

  20. Factors Affecting Internationalization of Indonesia Franchise Companies

    Directory of Open Access Journals (Sweden)

    Erwin Halim

    2013-05-01

    Full Text Available Franchise is one of successful business strategies in business expansion. Franchise format has been already adopted in all countries. The success is proven in the world and also in Indonesia. Franchise system can be implemented not only in franchisor country but also in other countries. The spirit of internalization is not only because of market saturated, but also to increase reputation of franchise companies and to follow competitors or customers. Important thing discussed in this research is the franchise life-cycle, franchise growth model, and franchise companies’ profile.  It is found that the Indonesia franchise companies are in the introduction stage. The stage in life-cycle shows its reputation. This study used literature review as methodology, and the purpose of this study is to give a big picture for Indonesia franchise companies to make internationalization. There are some Indonesia franchise business profiles in the discussion part. The factors affecting franchise internationalization were analyzed by PESTEL analysis. Some strategies should be prepared in making decision to go international.  At the end, there are some recommendations and future research relating to internationalize franchise business.

  1. Measuring the effectiveness of marketing activities use in relation to company size

    Directory of Open Access Journals (Sweden)

    Lucie Sychrová

    2013-01-01

    Full Text Available The aim of this paper is to research the relationship between measurements of effectiveness of marketing activities and company size. An analysis of the economic sources, professional publications, analysis and reports of previous research shows that the concept of measuring of effectiveness is one of the key themes, which economists always pay much attention. It is a criterion that helps to rationally decide on the use limited resources to meet the needs that are not limited. This topic deals with numerous domestic and foreign literatures. The authors are not only different concepts of effectiveness, but also the using terminology. There are multiple definitions of terms “effectiveness” For the same purpose and meaning. The same concept is often defined semantically different. Therefore, every company has a strong interest to be in all their activities more effectively than the competition. Logical response to changes and requirements of nowadays is using a combination of lot of methods to measure marketing effectiveness. Methods used for this article includes two phases. The first it was gained date by primary research, using a structure questionnaire and processed by statistical software SPSS. Research sample consists 115 companies operating in the Czech environment, which was chosen at random. There is investigated the correlation between measuring the effectiveness of marketing activities and company size. The second part investigated the dependence between the choice of metrics used to measure the effectiveness and company size. The results of the research showed that there is no correlation between measuring the effectiveness of marketing activities and company size. The value of Pearson Chi-Square test is greater than 0.05, it is 0.187. We can presume that dependency does not exist or it is small for these. Value of Symmetric measures is 0.432, which means that the intensity tends to be small rather than high.

  2. OPERATIONS MANAGEMENT TOOLS IN BRAZILIAN SMALL COMPANIES

    Directory of Open Access Journals (Sweden)

    Tonny Kerley de Alencar Rodrigues

    2014-12-01

    Full Text Available This research has the objective was to characterize the small Brazilian companies about the knowledge of operations management tools that help in improving the administrative process for these organizations. For that we chose a more positivist strand which values quantitative aspects. The research can be descriptive and explanatory, applied and/or intervention. As for media, research can be classified as documentary, bibliographic and/or participant. The population for this study is composed by Brazilian small enterprises are characterized by having a lower or equal to R$ 3,600,000 (approximately 1,800,000 dollars gross annual income. To collect information regarding the diagnosis of the degree of knowledge of small entrepreneurs, it was used a structured questionnaire using gradual tracks in identification of the respondent and the firm. It was found that the majority of managers interviewed small enterprises does not use the operations management tools. Is because they do not know such tools or have no need for their use in their companies.

  3. Perceptions of Sustainable Marketing Management by Export Companies in Serbia

    Directory of Open Access Journals (Sweden)

    Zoran I Čajka

    2013-07-01

    Full Text Available The present research paper deals with perceptions of sustainable marketing management in the strategies of export companies in Serbia. The objectives in this paper are manifold. They are to emphasize the importance of green marketing management in export activities of domestic companies which pursue their green management plan; to evaluate the company’s share in specific marketing segments, and to highlight the significance of successful green marketing management in modern business. Domestic green-oriented companies, which export their products to many different countries, look into the possibility of increasing their sales volumes. The findings in the paper support the hypotheses that domestic companies are perceptive of sustainable marketing issues in their business activities, and sustainable marketing management is becoming an important factor in business activities of modern companies.

  4. INDICATORS USED IN ANALYSING EMPLOYEES’ BEHAVIOUR IN A COMPANY

    Directory of Open Access Journals (Sweden)

    LĂPĂDUŞI MIHAELA LOREDANA

    2014-10-01

    Full Text Available The acquisition and maintenance of a competitive advantage in a market economy is supported primarily by the quality of human resources, staff’s individual and collective skills and managing team’s skills. The performance of the company, its capacity and power to cope with the changes and demands of the market and the competitive environment depend on providing with human material and financial resources as well as on how to combine and manage them. In analysing employees’ behaviour in a company can be considered a series of circumstances and be used a multitude of factors, but from economic and financial point of view the following indicators can be used: working time, staff mobility and conflict in work relations. The general theme which will represent the object of this research refers to the behavior of the personnel of a company regarding the perspective of the three indicators which will be presented and anylised in this article. The results of this research will confirm the hyphotesis that the performance of a company and its capacity of coping with a competitive environment depends to the greatest extent of the way are managed and used the human, material and financial resources and will contribute at streghthening the conviction that the human resources remain always the first strategic resources of a company and unique in what regards their potential of increase, influence and development. The purpose of this article is to highlight the fact that the attainment of an objective by a company depends on the one hand on the company management,its employees and partners, and on the other hand by external and internal circumstances. Through the interaction of the two components it could be seen the manifestation of employees’ behaviour influenced mainly by the following factors: working hours, mobility and conflict.

  5. Online Marketing Issues of Real Estate Companies: a Case of Latvia

    OpenAIRE

    Dumpe, M

    2015-01-01

    Today online marketing has become an integral part of marketing mix. Potential real estate customers prefer to make online research themselves. Therefore, real estate companies should be ready that search engines, corporate web pages, profiles on social media sites should strengthen the image of real estate companies and ensure better communication with customers. The aim of this paper is to explore results of qualitative research regarding real estate online marketing activities. It has been...

  6. ANALYSIS OF MARKETING MIX ON COSMETICS PRODUCTS CASE STUDY: AVON COMPANY

    Directory of Open Access Journals (Sweden)

    ALEXANDRA PALADE

    2011-01-01

    Full Text Available This paper contains an analysis of the marketing mix followed by a Swot analysis of company Avon. It continues with a market research conducted among women in Brasov highlighting the attitudes, opinions and behaviour of women in Brasov on the acquisition and use of cosmetics product. The present paper analyzes the cosmetics market, the company Avon position in Brasov’s market, identifying the company’s main competitors, population segmentation. After analyzing data from market research shows that most women acquires cosmetic products from Avon company, the representatives role being extremely important. Most women buy products through the catalogue, 77% of them using the products every day, often buying the personal care products.

  7. 17 CFR 270.3a-3 - Certain investment companies owned by companies which are not investment companies.

    Science.gov (United States)

    2010-04-01

    ... the definition of the term “investment company” by section 3(b)(1) or 3(b)(2) of the Act (15 U.S.C... 17 Commodity and Securities Exchanges 3 2010-04-01 2010-04-01 false Certain investment companies owned by companies which are not investment companies. 270.3a-3 Section 270.3a-3 Commodity and...

  8. Tree-based flood damage modeling of companies: Damage processes and model performance

    Science.gov (United States)

    Sieg, Tobias; Vogel, Kristin; Merz, Bruno; Kreibich, Heidi

    2017-07-01

    Reliable flood risk analyses, including the estimation of damage, are an important prerequisite for efficient risk management. However, not much is known about flood damage processes affecting companies. Thus, we conduct a flood damage assessment of companies in Germany with regard to two aspects. First, we identify relevant damage-influencing variables. Second, we assess the prediction performance of the developed damage models with respect to the gain by using an increasing amount of training data and a sector-specific evaluation of the data. Random forests are trained with data from two postevent surveys after flood events occurring in the years 2002 and 2013. For a sector-specific consideration, the data set is split into four subsets corresponding to the manufacturing, commercial, financial, and service sectors. Further, separate models are derived for three different company assets: buildings, equipment, and goods and stock. Calculated variable importance values reveal different variable sets relevant for the damage estimation, indicating significant differences in the damage process for various company sectors and assets. With an increasing number of data used to build the models, prediction errors decrease. Yet the effect is rather small and seems to saturate for a data set size of several hundred observations. In contrast, the prediction improvement achieved by a sector-specific consideration is more distinct, especially for damage to equipment and goods and stock. Consequently, sector-specific data acquisition and a consideration of sector-specific company characteristics in future flood damage assessments is expected to improve the model performance more than a mere increase in data.

  9. Using Clinical Decision Support Software in Health Insurance Company

    Science.gov (United States)

    Konovalov, R.; Kumlander, Deniss

    This paper proposes the idea to use Clinical Decision Support software in Health Insurance Company as a tool to reduce the expenses related to Medication Errors. As a prove that this class of software will help insurance companies reducing the expenses, the research was conducted in eight hospitals in United Arab Emirates to analyze the amount of preventable common Medication Errors in drug prescription.

  10. Smart Companies.

    Science.gov (United States)

    Galagan, Patricia A.

    1997-01-01

    Capturing and leveraging knowledge is an important new management trend that is as yet undefined. Some companies are accounting for their intellectual capital and applying it to the company balance sheets. (JOW)

  11. EU emissions trading: Distinctive behavior of small companies

    OpenAIRE

    Naegele, Helene; Zaklan, Aleksandar

    2016-01-01

    The EU Emissions Trading System (EU ETS) is the cornerstone of the European Union's climate policy and covers just under half of the EU's greenhouse gas emissions. More than ten years since the EU ETS was first introduced, there continues to be substantial research interest regarding its functioning and the behavior of participating companies. DIW Berlin conducted three econometric studies based on microdata at company and/or installation level. The findings suggest that, overall, there are o...

  12. Business plan for a startup: Yen Viet Company

    OpenAIRE

    Truong, Hang

    2015-01-01

    The main objective of this thesis is to create a business plan for Yen Viet Company, to help the founder to discover whether the business idea is feasible or not. The business plan consists of these elements: executive summary, description of the company, business strategy and industry profile, description of the firm’s products and services, marketing strategy, description of the management team, financial plan, and financial plan. Exploratory analysis is chosen as the research method i...

  13. Application of QRM approach in a chemical company

    Directory of Open Access Journals (Sweden)

    Carolina Belotti Pedroso

    2017-06-01

    Full Text Available The Quick Response Management (QRM has as its main goal lead time reduction in companies that offer a wide range of products. With the evolution of production paradigms and considering the current context in which organizations operate, the necessity of competition based on time is growing increasingly. Due to this, and in order to minimize them, this research focused on investigating the main causes of these long lead times in a company active in the chemical sector. The research started with a bibliographic review about the subject of QRM; the second part of the study consisted of field research and the use of a computer simulation application (MPX. Results from the research show the effectiveness of applying concepts from QRM for lead time reduction, whereby a reduction of around 50% in lead time was possible. This paper outlines contributions to the theories about the subject and collaborates to disseminate this issue, which is relatively scarce in Brazil, more broadly.

  14. The risk-adjusted performance of companies with female directors: A South African case

    Directory of Open Access Journals (Sweden)

    Mkhethwa Mkhize

    2013-04-01

    Full Text Available The objective of this research was to examine the effects of female directors on the risk-adjusted performance of firms listed on the JSE Securities Exchange of South Africa (the JSE. The theoretical underpinning for the relationship between representation of female directors and the risk-adjusted performance of companies was based on institutional theory. The hypothesis that there is no difference between the risk-adjusted performance of companies with female directors and that of companies without female directors was rejected. Implications of the results are discussed and suggestions for future research presented.

  15. INDICATORS SYSTEM FOR MONITORING INTELLECTUAL PROPERTY MANAGEMENT IN COMPANIES

    Directory of Open Access Journals (Sweden)

    Alexandru STRATAN,

    2018-02-01

    Full Text Available Organizations and companies with a high level of competitiveness had developed intellectualproperty management systems that aim at assuring information and indicators for decision-making.Furthermore, the systematization and monitoring of information on intellectual property managementcontributes to the improvement, reliability, quality and efficiency of managerial efficiency, offering, in theend, to the company an image of its competitive advantages, generated by the intellectual property. The purpose of this work is to identify a system of indicators (benchmarks that can be used formonitoring through self-evaluation of the intellectual property management as part of a methodic approachon researching the intellectual property management system in companies. The main results achieved following the investigations were the development of a set of indicators(benchmarks for monitoring the management of intellectual property in companies. Also, being based onthis group of indicators, an integrated indicator for assessing the effectiveness of the management systemof intellectual property in companies had been developed.

  16. Reliance on and Reliability of the Engineer’s Estimate in Heavy Civil Projects

    Directory of Open Access Journals (Sweden)

    George Okere

    2017-06-01

    Full Text Available To the contractor, the engineer’s estimate is the target number to aim for, and the basis for a contractor to evaluate the accuracy of their estimate. To the owner, the engineer’s estimate is the basis for funding, evaluation of bids, and for predicting project costs. As such the engineer’s estimate is the benchmark. This research sought to investigate the reliance on, and the reliability of the engineer’s estimate in heavy civil cost estimate. The research objective was to characterize the engineer’s estimate and allow owners and contractors re-evaluate or affirm their reliance on the engineer’s estimate. A literature review was conducted to understand the reliance on the engineer’s estimate, and secondary data from Washington State Department of Transportation was used to investigate the reliability of the engineer’s estimate. The findings show the need for practitioners to re-evaluate their reliance on the engineer’s estimate. The empirical data showed that, within various contexts, the engineer’s estimate fell outside the expected accuracy range of the low bids or the cost to complete projects. The study recommends direct tracking of costs by project owners while projects are under construction, the use of a second estimate to improve the accuracy of their estimates, and use of the cost estimating practices found in highly reputable construction companies.

  17. 78 FR 28630 - Pfizer Therapeutic Research, Pfizer Worldwide Research & Development Division, Formerly Known as...

    Science.gov (United States)

    2013-05-15

    ... Research, Pfizer Worldwide Research & Development Division, Formerly Known as Warner Lambert Company... Groton, Connecticut location of Pfizer Therapeutic Research, Pfizer Worldwide Research & Development... Worldwide Research & Development Division, formerly known as Warner Lambert Company, Comparative Medicine...

  18. Suffield a cornucopia for Alberta energy company

    International Nuclear Information System (INIS)

    Thomas, A.

    1995-01-01

    Operations of the Alberta Energy Company's (AEC) Suffield properties in southern Alberta, the company's major production area, were reviewed. With a staff of just over 100, Suffield was said to produce an average of 180 million cubic feet of natural gas and more than 4100 barrels of oil per day. Suffield's remaining reserves were estimated to be 814 billion cubic feet of gas and 6.4 million barrels of oil. The field was expected to be in production for the next 20 years. A master plan to minimize normal field decline and control operating costs at Suffield was developed by AEC. Cloning gas storage plants was one of the methods used by for cost control. Designing and constructing identical gas plants was another means of producing major savings, especially in areas such as equipment purchase, and construction

  19. The Impact of Customer Relationship Management on Company Performance in Three Segments

    OpenAIRE

    Alawiyah, Ismi; Humairoh, Putri Nadila

    2017-01-01

    Application of modern CRM as a kind of business intelligence successfuly become another resources factor which can improving company performance. The company's observed performance are financial performance, marketing performance, and operational performance. This study used literature review analyzing and elaborating the results of literture, books, and previous research. This research using literature review method and analyzed about twenty previous journals, supported by some of literatur...

  20. Bosnia and Herzegovina's metalworking industry companies barriers to export to EU market

    Directory of Open Access Journals (Sweden)

    Spasojević-Brkić Vesna K.

    2014-01-01

    Full Text Available Export of products and services on EU market can bring great benefits, but also sets requirements to companies which are not easy to meet. Metal processing industry today is the main exporter in Bosnia and Herzegovina (BIH. However value of import significantly exceeds value of the export. Therefore, there is a need to increase export to EU market. The aim of this paper is an empirical examination of the export possibilities to EU market, conducted on a sample of 24 metal complex companies in BIH. Obtained results indicate that adequate marketing strategy is a minor influential factor for export to EU market. Also the research shows that a significant number of companies is not familiar with new approach directives, as well as with procedures for conformity assessment. Most of the surveyed companies have an opinion that there is not enough number of adequate laboratories and institutions for export assistance. Also, the lack of capital for export financing in the companies as export barrier is significant. This topic should be further researched, as it is very important for companies' growth and development in BIH.

  1. Analysis Ability Professional Internal Auditor In The Three State-Owned Company In Bandung

    Directory of Open Access Journals (Sweden)

    R. Ait Novatiani

    2017-03-01

    Full Text Available The purpose of this study was to analysis professional skills of internal auditors in the three state-owned companies in Bandung. The research method used descriptive method the sampling technique used in this research is non probability sampling that the saturation sampling data collection techniques used primary data and secondary data. Based on the research results it can be concluded that the ability of professional internal auditors in the three companies in Bandung good meaning that the company State Owned Enterprises SOEs already meet the ability components of professional internal auditors that their conformity with the standards of the profession knowledge and skills human relations and communication continuing education and professional rigor.

  2. Retention of high-potential employees in a development finance company

    Directory of Open Access Journals (Sweden)

    Lishani Letchmiah

    2017-09-01

    Full Text Available Orientation: The loss of high-potential employees was a concern to leaders at a South African development finance company. The research question that guided the study was: How can high-potential employees be retained in the company? Research purpose: The objective of the study was to identify factors that positively impact the retention of high-potential employees in a development finance company. Motivation for the study: The organisation that comprised the unit of study had prioritised employee development to retain high-potential employees, thereby aiming to build a strong talent pipeline and a sustainable knowledge base. A prevalent concern was that there were no formal retention programmes for high-potential employees. Accordingly, organisational leaders could benefit from understanding those retention factors that may serve to retain such employees. Research design, approach and method: A qualitative methodology promoted a deeper understanding of a social problem through a case study. Eleven purposefully chosen highpotential employees provided insights into factors they considered to be important in their retention. A content analysis of the data resulted in clusters of themes that addressed the research objective. Main findings: The following factors appeared to influence the retention of high-potential employees: leadership and organisational culture, organisational purpose, developmental opportunities, meaningful work and collegiality. Practical and managerial implications: Leaders in the company should consider factors that could influence the retention of high-potential employees. Such factors should be built into formal retention strategies based on the intrinsic needs of employees; the strengths that the organisational culture provides could be leveraged in this regard. Contribution: The practical value of the study was the highlighting of the factors that can be leveraged to retain high-potential employees in a development finance

  3. Stimuli of Collaboration in Product Development: A Case Study in a Project Manufacturing Company

    Directory of Open Access Journals (Sweden)

    Jääskeläinen Aki

    2017-12-01

    Full Text Available There is already a wide acceptance on the importance of involving supplier and customer companies in product development. Decent understanding prevails on the relationship-oriented approach to product development including various collaboration forms. However, there is less research on the factors explaining the decision of attending to joint product development. In addition, less studies have examined the integrated role of both suppliers and customers in product development initiatives. This study searches answers to the following research questions: 1. What is the role of different actors in product development initiatives? 2. What factors motivate suppliers and customers to participate in product development? The research is carried out as an in-depth qualitative single case study in a large project manufacturing company. It takes the perspective of a focal company striving for product improvements. The first part of the empirical study consists of 15 semi-structured interviews. The second part includes two discursive workshops and builds upon the results of the interviews. This study contributes to the existing research by explaining the challenges and conditions facilitating joint product development with supplier and purchaser companies. The results highlight the role of customers in improving the effectiveness of product development. As a practical contribution, the paper reports the application of workshop method as a facilitator of collaboration between supplier, purchaser (focal company and customer companies.

  4. Corporate Social Responsibility in Food Manufacturing Companies – Environmental Dimensions

    Directory of Open Access Journals (Sweden)

    Ľudmila Nagyová

    2016-01-01

    Full Text Available The degree of a company’s acceptance and integration of the CSR concept is directly reflected in the fundamental principles of the company. Through the environmental sustainability, a company can make a positive contribution to the society and the natural environment. Competitive and cost pressures are the key drivers of sustainable development in the industry. Today, many international food and drink companies are delivering excellent achievements. The present paper tries to highlight how much are food manufacturing companies committed to caring for the environment as a main component of their CSR strategy. In order to fulfil the defined objectives of the paper, the primary and secondary sources of information were collected and used, as well as there was used the method of interview, using a questionnaire (total number of respondents was 100 food manufacturing companies. In our research the highest percentage of large, SMC and micro companies indicated the reduction of negative operational impacts as the most important commitment of companies in relation to environment. Most large companies invest to installing pollution reducing technology to improve environmental quality (67% and utilizing more environmentally friendly raw materials (51%. These areas indicated the highest percentage as well as for SMC. In the case of large companies there are more visible movements in environmental practices than in micro and small-medium companies.

  5. Social Customer Relationship Management: Proposal for SCRM for an IT Services Company

    OpenAIRE

    Das, Malay

    2012-01-01

    This research paper explores the advances in the area of Social Customer Relationship Management (SCRM) and selectively applies the best practices to the case company, an IT services company based in Finland. An IT services company, being B2B by nature, has its unique needs and constraints as far as CRM is concerned and distinctly different require-ments when Social aspects are involved. The paper attempts to propose a workable oper-ating model to the case company, which already has a CRM sys...

  6. The Impact of capital structure on the performance efficiency of Baltic listed companies

    OpenAIRE

    Norvaišienė, Rasa

    2012-01-01

    The capital structure can influence the behavior of the company as well as its performance results and its value. However, the effect can be quite different. The financial indicators of Lithuanian, Latvian and Estonian listed companies published in their annual reports have been used in order to investigate the impact of capital structure on performance efficiency of the companies. The research included data of only non-financial companies, because the capital structure of financial instituti...

  7. How to estimate the health benefits of additional research and changing clinical practice

    OpenAIRE

    Claxton, Karl; Griffin, Susan; Koffijberg, Hendrik; McKenna, Claire

    2015-01-01

    A simple extension of standard metaanalysis can provide quantitative estimates of the potential health benefits of further research and of implementing the findings of existing research, which can help inform research prioritisation and efforts to change clinical practice

  8. The models evaluating courier and messenger companies in Poland

    Directory of Open Access Journals (Sweden)

    Chodakowska Ewa

    2016-12-01

    Full Text Available Data Envelopment Analysis (DEA is a well-established, popular, and often used method for efficiency evaluation of units from all sector, both commercial and non-profit organisations, of any scale of operations. Network DEA models are a relatively recent approach used to examine the efficiency of decision-making units (DMUs having an internal structure of sub-processes. The article presents the concept of DEA network models in estimating the efficiency of courier and messenger companies with relations to their business clients. The considerations are supported by an example of data concerning leaders from the sector of couriers and messengers in Poland and one of the biggest and most popular online stores. The results are compared with the traditional DEA approach. In addition, to measure reliability for DEA scores, the jackknife procedure was performed. The author proves the usefulness of network DEA as a research and management tool.

  9. MERGER ACCOUTING FOR COMPANIES

    OpenAIRE

    SUCIU GHEORGHE

    2014-01-01

    Companies, especially nowadays, are characterized through great mobility, fast circulation of capital, occurring in their chase for profit. In this context, companies look for alliances, economical and political assistance. These objectives can materialize through merging of companies. The merger can be internal (between Romanian companies) or transboundary, which includes foreign companies. In order to correctly reflect these events, the merger operations must be regulated and mu...

  10. Open innovation: the activities and views of companies in Wales

    DEFF Research Database (Denmark)

    Rhisiart, Martin; Djebarni, Rami; Thomas, Andrew

    favoured by companies are: 1) Financial support for collaboration, 2) Increase co-funding schemes for SMEs’ R&D, 3) Improve the institutional framework for collaboration, 4) Improve access to governmental support, 5) Foster networks and clusters The report sets out seven key recommendations for promoting......This is the Final Report of a study conducted on open innovation in companies in Wales. The programme of research included a review of global literature, interviews with 15 companies, a survey and a focus group.The study discusses Government support measures for open innovation.  Those most...

  11. How to estimate the health benefits of additional research and changing clinical practice

    OpenAIRE

    Claxton, Karl; Griffin, Susan; Koffijberg, Hendrik; McKenna, Claire

    2015-01-01

    A simple extension of standard meta-analysis can provide quantitative estimates of the potential health benefits of further research and of implementing the findings of existing research, which can help inform research prioritisation and efforts to change clinical practice

  12. Innovation value chain capability in Malaysian-owned company: A theoretical framework

    Science.gov (United States)

    Abidin, Norkisme Zainal; Suradi, Nur Riza Mohd

    2014-09-01

    Good quality products or services are no longer adequate to guarantee the sustainability of a company in the present competitive business. Prior research has developed various innovation models with the hope to better understand the innovativeness of the company. Due to countless definitions, indicators, factors, parameter and approaches in the study of innovation, it is difficult to ensure which one will best suit the Malaysian-owned company innovativeness. This paper aims to provide a theoretical background to support the framework of the innovation value chain capability in Malaysian-owned Company. The theoretical framework was based on the literature reviews, expert interviews and focus group study. The framework will be used to predict and assess the innovation value chain capability in Malaysian-owned company.

  13. DO LISTED COMPANIES IN PSE MEET IFRS DISCLOSURE REQUIREMENTS

    Directory of Open Access Journals (Sweden)

    TEREZA MIKOVÁ

    2013-12-01

    Full Text Available Strong international integration and globalization affects the contemporary world´s economy which has influence in development of movement of capital, financial markets and decision making of each business entity. Because of increased force to comparability between companies, the idea of one single-setting globally accepted financial reporting standards was started in 1973 in London by International Accounting Standards Committee (IASC as a standards setter of International Accounting Standards (IAS. In the year 2000 the International Organization of Securities Commission (IOSCO recommended to use IFRS for all their members. The paper states about Prague Stock Exchange (PSE as a member of IOSCO, its index PX and companies which create the index PX. The index base is composed of 14 companies which reported their financial statements in accordance with International Financial Reporting Standards (IFRS, earlier IAS. The aim of the paper is to briefly introduce Prague Stock Exchange and index PX and to evaluate the chosen disclosure requirements of companies which create the index. The disclosure requirements, which are assessed are chosen from IAS 1: Presentation of Financial Statements and IFRS 8: Segments reporting. Research of disclosure requirements has been done by gathering the financial statements from years: 2011 and 2012 and assessment of chosen question is based on disclosure requirements of IAS 1 and IFRS 8. Those standards were chosen because of the wide range of companies. The next part of research is to assess the development between the compared years.

  14. Marketing Strategy Analysis of Boon Rawd Brewery Company

    OpenAIRE

    Sinee Sankrusme

    2013-01-01

    Boon Rawd Brewery is a beer company based in Thailand that has an exemplary image, both as a good employer and a well-managed company with a strong record of social responsibility. The most famous of the company’s products is Singha beer. To study the company’s marketing strategy, a case study analysis was conducted together with qualitative research methods. The study analyzed the marketing strategy of Boon Rawd Brewery before the liberalization of the liquor market in 2...

  15. Audit as Key Element of System Management Improvement in Company

    Directory of Open Access Journals (Sweden)

    L. Wojtynek

    2007-07-01

    Full Text Available This article presents what is an audit for a company, tries to regularize the quality audits, presents main differences between separate types of audits and between audit and control. There are also some exemplary types of nonconformance in a company. Each system has a risk of deficiencies. They can result from material defects or human imperfection. A good quality system should allow the company to detect them in an organized and systematical manner. It guarantees that the irregularities will be removed before they cause a defective production. Quality management consists of planning the quality via quality plans, control and research plans, and supervision and verification by audits and controls. The objective of this paper is to present a special message of audit for organizations which is the improvement of management system in company. Quality audit is used with reference to quality system and its elements, to process, products and services. It compares the real values with expected ones with reference to the activities connected with quality and their results, and planned data. Thanks to quality audits, it is possible to state if the quality management instruments achieve the desired effect. Quality audit can be conducted for the internal and external purposes. One of the quality audit purposes is to estimate if the improvement is necessary or to take corrective actions. The universality of audit, which is completed by periodic system review preformed by head management, allows the use of its application effects both on the strategic and operational effects. Audit is often misled with quality monitoring or control, i.e. activities which aim to control the process or accept the product. Therefore this paper shows the differences between the notions. The information used to conduct an audit is only based on facts (evidence objective, which really exist, independent on emotions or prejudice. They can be documented, declared, based on observed

  16. Relationships among Components of Insurance Companies and Services’ Quality

    Directory of Open Access Journals (Sweden)

    Šebjan Urban

    2014-11-01

    Full Text Available Background and Purpose: An increasing number of insurance companies and the intensity of competition in this field require research on customer perceptions of the components of insurance services and insurance company. The objective of this study was to examine the conceptual model and to study the relationships between customer perceptions of the innovation, reputation, adequacy of premium, and adequacy of information about the coverage of insurance services.

  17. The Application of DEA Method in Evaluating Credit Risk of Companies

    Directory of Open Access Journals (Sweden)

    Anna Feruś

    2010-12-01

    Full Text Available The subject of the present article is a new procedure forecasting credit risk of companies in Polish economy environment. What favors the suggested approach is the fact that in Poland, unlike in western countries, DEA method has not yet been implemented in order to assess credit risk that companies face. The research described in the article has been conducted on the basis of comparison of suggested DEA method with currently used procedures, namely point method, discriminative analysis and linear regression. Considering the research, it can be concluded that DEA method facilitates forecasting financial problems, including bankruptcy of companies in Polish economic conditions, and its effectiveness is comparable or even greater than approaches implemented so far.  

  18. Estimating Return on Investment in Translational Research: Methods and Protocols

    Science.gov (United States)

    Trochim, William; Dilts, David M.; Kirk, Rosalind

    2014-01-01

    Assessing the value of clinical and translational research funding on accelerating the translation of scientific knowledge is a fundamental issue faced by the National Institutes of Health and its Clinical and Translational Awards (CTSA). To address this issue, the authors propose a model for measuring the return on investment (ROI) of one key CTSA program, the clinical research unit (CRU). By estimating the economic and social inputs and outputs of this program, this model produces multiple levels of ROI: investigator, program and institutional estimates. A methodology, or evaluation protocol, is proposed to assess the value of this CTSA function, with specific objectives, methods, descriptions of the data to be collected, and how data are to be filtered, analyzed, and evaluated. This paper provides an approach CTSAs could use to assess the economic and social returns on NIH and institutional investments in these critical activities. PMID:23925706

  19. Estimating return on investment in translational research: methods and protocols.

    Science.gov (United States)

    Grazier, Kyle L; Trochim, William M; Dilts, David M; Kirk, Rosalind

    2013-12-01

    Assessing the value of clinical and translational research funding on accelerating the translation of scientific knowledge is a fundamental issue faced by the National Institutes of Health (NIH) and its Clinical and Translational Awards (CTSAs). To address this issue, the authors propose a model for measuring the return on investment (ROI) of one key CTSA program, the clinical research unit (CRU). By estimating the economic and social inputs and outputs of this program, this model produces multiple levels of ROI: investigator, program, and institutional estimates. A methodology, or evaluation protocol, is proposed to assess the value of this CTSA function, with specific objectives, methods, descriptions of the data to be collected, and how data are to be filtered, analyzed, and evaluated. This article provides an approach CTSAs could use to assess the economic and social returns on NIH and institutional investments in these critical activities.

  20. Forecasted electric power demands for the Delmarva Power and Light Company. Volume 1 and Volume 2. Documentation manual

    International Nuclear Information System (INIS)

    Estomin, S.L.; Beach, J.E.

    1990-10-01

    The two-volume report presents the results of an econometric forecast of peak load and electric power demands for the Delmarva Power and Light Company (DP ampersand L) through the year 2008. Separate sets of models were estimated for the three jurisdictions served by DP ampersand L: Delaware, Maryland and Virginia. For both Delaware and Maryland, econometric equations were estimated for residential, commercial, industrial, and streetlighting sales. For Virginia, equations were estimated for residential, commercial plus industrial, and streetlighting sales; separate industrial and commercial equations were not estimated for Virginia due to the relatively small size of DP ampersand L's Virginia Industrial load. Wholesale sales were econometrically estimated for the DP ampersand L system as a whole. In addition to the energy sales models, an econometric model of annual (summer) peak demand was estimated for the Company

  1. Mentoring expatriates in transnational companies: From ethnocentric to cross-cultural communication

    DEFF Research Database (Denmark)

    Hansen, Zaza Nadja Lee; Rasmussen, Lauge Baungaard

    2015-01-01

    The purpose of this paper is to expand upon the research of mentoring based on a literature review and an empirical study of mentoring expatriates in three transnational companies based in Denmark. The findings indicate that ethnocentrism in the home-company is a main constraint for cross-cultural...

  2. DIVIDEND POLICY OF PUBLIC COMPANIES IN BOSNIA AND HERZEGOVINA

    Directory of Open Access Journals (Sweden)

    Ante Dzidic

    2014-06-01

    Full Text Available This paper provides insight in dividend policy of publicly listed companies in Bosnia and Herzegovina and investigates appearance of dividend smoothing behavior. The results show increase in portion of dividend paying companies over time while dividend smoothing phenomenon is virtually non-existent. On the other hand, when companies decide to pay dividends they, on average, distribute high portion of profit to shareholders. The paper also provides discussion about capital market development, investor protection and ownership concentration as potential factors affecting importance of dividend payouts. Research results indicate that insufficiently developed capital market characterized with low investor protection and concentrated ownership structure undermine the importance of dividend smoothing practices.

  3. A Literature Review of Foreign Ownership and Company Performance

    Directory of Open Access Journals (Sweden)

    Iuliana Oana MIHAI

    2014-11-01

    Full Text Available The purpose of this article is to review the results of research papers conducted in the area of foreign ownership impact on company’s performance and to highlight the specifics of this linkage in the environment of transition economies. Several authors have documented greater efficiency of private companies compared to state-owned. According to different studies, an alternative option for transition economies is foreign ownership. Recent studies show that the effect of ownership forms on companies and financial performance is more significant in Eastern European countries compared to developed countries. However, study results are often contradictory, therefore they require additional research.

  4. Current practice and perspectives in CRO oversight based on a survey performed among members of the German Association of Research-Based Pharmaceutical Companies (vfa).

    Science.gov (United States)

    Hennig, Michael; Hundt, Ferdinand; Busta, Susanne; Mikus, Stefan; Sanden, Per-Holger; Sörgel, Andrea; Ruppert, Thorsten

    2017-01-01

    In recent years, the number and scope of outsourced activities in the pharmaceutical industry have increased heavily. In addition, also the type of outsourcing has changed significantly in that time. This raises the question of whether and how sponsors retain the capability to select and to control the contract research organizations (CROs) involved and what expertise still has to be present in the development department as well as other relevant departments to ensure adequate oversight, also in line with the expectations of regulators and health authorities. In order to answer these questions, a survey was conducted among the German vfa member companies. The survey describes the latest developments and experiences in outsourcing by 18 German vfa member companies. It concentrates on measures how to implement Quality Assurance (QA) when performing outsourced clinical studies. This study shows that the majority of companies apply a full-outsourcing, preferred-provider model of clinical trial services, with the clinical research department playing the major role in this process. A large amount of guiding documents, processes and tools are used to ensure an adequate oversight of the services performed by the CRO(s). Finally the guiding principles for all oversight processes should be transparent communication, a clearly established expectation for quality, a precise definition of accountability and responsibility while avoiding silo mentality, and a comprehensive documentation of the oversight's evidence. For globally acting and outsourcing sponsors, oversight processes need to be aligned with regards to local and global perspectives. This survey shows that the current implementation of oversight processes in the participating companies covers all relevant areas to ensure highest quality and integrity of the data produced by the outsourced clinical trial.

  5. Open Source Telecommunication Companies

    Directory of Open Access Journals (Sweden)

    Peter Liu

    2007-08-01

    Full Text Available Little is known about companies whose core business is selling telecommunications products that lever open source projects. Open source telecommunications (OST companies operate in markets that are very different from typical software product markets. The telecommunications market is regulated, vertically integrated, and proprietary designs and special chips are widely used. For a telecommunications product to be useful, it must interact with both access network products and core network products. Due to specifications in Service Agreements Levels, penalties for failures of telecommunications products are very high. This article shares information that is not widely known, including a list of OST companies and the open source projects on which they depend, the size and diversity of venture capital investment in OST companies, the nature of the commercial product-open source software and company-project relationships, ways in which OST companies make money, benefits and risks of OST companies, and competition between OST companies. Analysis of this information provides insights into the ways in which companies can build business models around open source software. These findings will be of interest to entrepreneurs, top management teams of incumbent companies that sell telecommunications products, and those who care about Ontario's ability to compete globally.

  6. The assessment of activities conducted by companies in social media in light of research concerning their users

    Directory of Open Access Journals (Sweden)

    Bogdan Gregor

    2014-12-01

    Full Text Available Social media are not losing their popularity. Despite their long (sometimes a few years long presence on the Internet, portals from this category are gradually strengthening their position with regard to the number of registered users. In July 2014 the biggest social media portal – Facebook – had 1,320,000,000 active accounts around the whole world. In Poland in July 2014 the number of active users of the portal reached 12,000,000. In the period from April 12 to May 25, 2014, the Department of Marketing of the Faculty of Management of University of Lodz conducted a research aimed at the assessment of activities conducted by companies in social media. The goal of the research was to reach people using social media and investigate how particular measures taken by companies in social media are assessed by them, as well as to identify which of these actions boost engagement and influence making a purchasing decision. In course of the research the method of Internet questionnaire was applied. 302 respondents took part in the survey and almost 90% of them declared that they use social media portals. The most popular social network among the respondents is Facebook. YouTube also plays a major role. This may be seen as evidence that the marketing potential of video contents published on the Internet is huge. The conducted research shows that among the biggest benefits associated with having an account on a social media portal is the possibility of fast communication, chance to find and follow friends, as well as accumulation of the most important information in one place. Over 70% of the surveyed follows well-known companies and brands in social media. Fashion brands and brands associated with the food and electronics branches are followed most often. What the respondents most often named as one of the advantages of following brands in social media is the possibility of continuously following novelties, opportunity to receive discount coupons, as

  7. Governance implications of nanomaterials companies' inconsistent risk perceptions and safety practices

    Science.gov (United States)

    Engeman, Cassandra D.; Baumgartner, Lynn; Carr, Benjamin M.; Fish, Allison M.; Meyerhofer, John D.; Satterfield, Terre A.; Holden, Patricia A.; Harthorn, Barbara Herr

    2012-03-01

    Current research on the nanotechnology industry indicates its downstream expansion at a rapid pace, while toxicological research and best practices for environmental health and safety are still being developed. Companies that use and/or produce engineered nanomaterials (ENMs) have enormous potential to influence safe-handling practices for ENMs across the product life cycle. Knowledge of both industry practices and leaders' perceptions of risk is vital for understanding how companies will act to control potential environmental and health risks. This article reports results from a new international survey of nanomaterials companies in 14 countries. In this survey, company participants reported relatively high levels of uncertainty and/or perceived risk with regard to ENMs. However, these perspectives were not accompanied by expected risk-avoidant practices or preferences for regulatory oversight. A majority of companies indicated "lack of information" as a significant impediment to implementing nano-specific safety practices, but they also reported practices that were inconsistent with widely available guidance. Additionally, in the absence of safe-handling regulations, companies reported nano-specific health and safety programs that were narrow in scope. Taken together, these findings indicate that health and safety guidance is not reaching industry. While industry leaders' reluctance toward regulation might be expected, their own reported unsafe practices and recognition of possible risks suggest a more top-down approach from regulators is needed to protect workers and the environment.

  8. Sustainability Efforts of One Oil Company in Niger Delta of Nigeria

    Science.gov (United States)

    Anosike, Charles Afam

    Environmental degradation and socioeconomic dilemma continue to stigmatize oil production in the Niger Delta of Nigeria. Sustainability programs of oil companies often determine the improvement of living conditions in the region. This explanatory qualitative case study, guided by systems thinking theory and sustainable value framework, explored practitioners' perceptions of sustainability programs to identify its impact on business and the host communities. The research question was designed to address how sustainability efforts of a single oil company in the Niger Delta contributed to the business performance and the livelihood of the local people. Research data were gathered from a sample of 20 experienced sustainability practitioners of the oil company, partnering nonprofit organizations, and community leaders through face-to-face semistructured interviews. Data were segmented and categorized. The data analysis process revealed several themes regarding the challenges and shortfalls of sustainability programs in the region. The oil company's understanding of sustainability as programs and projects focused on preserving resources for future generations was not evident in practice. Findings from the study suggested the need for improved inclusiveness of people in driving sustainability projects. Inclusive sustainability should enhance the oil company's contemplation mechanism to ensure eco-saving thinking and processes, which could result in improved quality of life and business performance in the region. The research findings underscore the need for oil multinational corporations (MNCs) to use a business lens in viewing sustainability to achieve sustainable value.

  9. More Differences or More Similarities Regarding Education in Big, Middle-sized and Small Companies

    Directory of Open Access Journals (Sweden)

    Marjana Merkač

    2001-12-01

    Full Text Available The article presents the results of research of education and qualifying of employees in small, middle-sized and big Slovenian companies. The research shows some differences regarding the attitude to the development of employees as a part of a company's business strategy, some obstacles for developing their abilities, and connections between job satisfaction and motivation for learning. It also shows how important it is for the subjects concerning education and qualifying if an individual works for a big, middle-sized, or small company.

  10. Capital structure and profitability. A case of JSE Listed Companies.

    Directory of Open Access Journals (Sweden)

    Faith Mashavave

    2015-03-01

    Full Text Available The research aims to find out the relationship between capital structure and profitability focusing on firms listed on the Johannesburg stock exchange in South Africa. Past research on this topic excluded the Johannesburg Stock Exchange listed firms. The research results will be useful to the business people in South Africa because it will be more in line with the South African economic status and thus relevant. From the graphs and tables of the companies analyzed, it appears there is no relationship between the capital structure and profitability. The fluctuations in the debt/equity ratio and profitability ratio are so severe to such an extent that no meaningful conclusion regarding the relationship between capital structure and profitability can be made. The outcomes are haphazard there is no uniformity and consistence on the outcomes. Other hindrances to the relationship between capital structure and profitability were also discovered and these were attributed to the environmental factors of the company such as economic, political, and social and all other external forces that companies under study were exposed to.

  11. Estimating the Term Structure With a Semiparametric Bayesian Hierarchical Model: An Application to Corporate Bonds1

    Science.gov (United States)

    Cruz-Marcelo, Alejandro; Ensor, Katherine B.; Rosner, Gary L.

    2011-01-01

    The term structure of interest rates is used to price defaultable bonds and credit derivatives, as well as to infer the quality of bonds for risk management purposes. We introduce a model that jointly estimates term structures by means of a Bayesian hierarchical model with a prior probability model based on Dirichlet process mixtures. The modeling methodology borrows strength across term structures for purposes of estimation. The main advantage of our framework is its ability to produce reliable estimators at the company level even when there are only a few bonds per company. After describing the proposed model, we discuss an empirical application in which the term structure of 197 individual companies is estimated. The sample of 197 consists of 143 companies with only one or two bonds. In-sample and out-of-sample tests are used to quantify the improvement in accuracy that results from approximating the term structure of corporate bonds with estimators by company rather than by credit rating, the latter being a popular choice in the financial literature. A complete description of a Markov chain Monte Carlo (MCMC) scheme for the proposed model is available as Supplementary Material. PMID:21765566

  12. Research into Financial Position of Listed Companies following Classification via Extreme Learning Machine Based upon DE Optimization

    Directory of Open Access Journals (Sweden)

    Fu Yu

    2016-01-01

    Full Text Available By means of the model of extreme learning machine based upon DE optimization, this article particularly centers on the optimization thinking of such a model as well as its application effect in the field of listed company’s financial position classification. It proves that the improved extreme learning machine algorithm based upon DE optimization eclipses the traditional extreme learning machine algorithm following comparison. Meanwhile, this article also intends to introduce certain research thinking concerning extreme learning machine into the economics classification area so as to fulfill the purpose of computerizing the speedy but effective evaluation of massive financial statements of listed companies pertain to different classes

  13. Company-University Collaboration Types As A Determinant For Knowledge Transfer

    DEFF Research Database (Denmark)

    Woltmann, Sabrina; Alkærsig, Lars

    This paper develops a framework for a novel measurement of outcomes of different types of company-university collaboration. We test whether the level of formalization and the type of interaction influences the outcomes, in particular knowledge transfer. We extend the existing research by applying...... to identify additional forms of knowledge transfer and give companies insights into their potential benefits from different types of relationships. We propose a new perspective that enables companies to shape and adapt their external knowledge search as effective as possible....... novel statistical computational methods form the field of natural language processing to identify the knowledge transfer. We investigate how the level of formalization of collaboration affects the knowledge transfer between universities and companies. Preliminary results indicate that we are able...

  14. The expatriates in multinational companies: A trend in Serbia

    Directory of Open Access Journals (Sweden)

    Ratković Tatjana

    2014-01-01

    Full Text Available Expansion of international operations has imposed new demands to multinational companies, especially in the area of human resource management. International human resource management is primarily characterized by movement of employees across the boundaries of one country in order to take various roles in foreign subsidiaries of multinational companies. One of the most important decisions a multinational company has to make refers to selection of employees to fill in positions in its foreign subsidiaries depending on nationality of employees. This paper tends to explore the significance and roles of expatriates in obtaining success of multinational company in international operations in order to emphasize the advantages expatriates may bring to a multinational company. This paper aims to analyze one of crucial issues that multinational companies face in global environment - the process of expatriation, particularly focusing on the number of expatriates (parent country nationals in subsidiaries of foreign multinational companies in Serbia and the tendency of changing their number in these subsidiaries, as well as nationality of managers in key positions in these subsidiaries (CEO and HR manager. Empirical research performed through a questionnaire has shown certain features of subsidiaries of multinational companies in Serbia, indicating that the number of expatriates has increased since their founding until today (contrary to expectations based on theoretical concepts and results of studies performed in other countries and environments. However, as it was expected, the analysis of results has shown that most subsidiaries in Serbia have replaced their expatriates in the position of CEO (and HR manager, which has brought companies numerous benefits, such as lower expenses.

  15. TRANSFORMATION OF COMPANIES FROM THE PERSPECTIVE OF LAW NO. 31/1990

    Directory of Open Access Journals (Sweden)

    Amelia Raluca BUŞCĂ

    2015-07-01

    Full Text Available The legal consequences associated with amendments of a memorandum of association are influenced both by the intended purpose of the shareholders and by the practical type of amendment, whether it is in the form of changes of the share capital, mergers and acquisitions, dividing a company, change of registered office, change in the form of a company, extension of the company or others. The paper proposes an approach to the effects of such changes underlining the general principles with a special focus on the uniqueness of the legal personality of a company maintained even after such alliteration as change in the form of a company occurs. The research has illustrated the importance of the subject matter to Company Law, seen as a determinant element of a company’s legal status through which this specific entity brings about the necessary flexibility vital to its existence and survival.

  16. Physician-owned companies.

    Science.gov (United States)

    Kostuik, John P

    2007-05-15

    The author relates his experience in the development of a spinal implant development company (K2M) that is significantly advised by physicians. To provide information about the development of a spinal implant company (K2M) advised by a group of professional spinal surgeons. To relate the federal laws (STARK and anti-kickback) as they pertain to surgeon-influenced companies. To discuss the role of a scientific advisory board. A self-developed company was developed together with significant, but minority physician financial input and majority scientific advice. A privately owned spinal implant development corporation (K2M) was developed 3 years ago. Physician financial participation was less than 20% (Stark laws state no more than 40%). Users of product are greater than 60% non-investor physicians. The development of a large scientific advisory board has been very influential in product development. A privately owned spinal implant company (K2M) has been developed strictly within Federal laws. Its board of scientific advisors that receives recompense commissurate only with effort significantly impacts the company policy.

  17. luxury marketing: internationalization strategies for brazilian jewelry companies

    Directory of Open Access Journals (Sweden)

    Chaline Gasperini

    2010-04-01

    Full Text Available This article seeks to make an analysis of the luxury market and of Brazilian jewelry companies. The main objective is to analyze the attraction of external marketing to luxury brands internationalization, emphasizing Brazilian jewelry companies. First, the national environment of luxury market an jewelry in Brazil is presented. In sequence, it will address the possible goals, risks and opportunities that internationalized jewelry companies face in the expansion process and its difficulties in foreign markets. Finally, some forms of internationalization will be presented based on the case of the Brazilian jewelry companies H Stern and Talento Jóias. The methodology used in this article is exploratory, with documental analysis and in depth interview. As theoretical foundations for the article, the themes luxury, exportations, company internationalization and global market were addressed. The main author(s researched were: Allérès (2006, Almeida (2007, Czinkota (2001, Grande (2007, Lipovetsky e Roux (2005. Among the main conclusions, Brazilian jewelry companies have great advantages compared to other countries, having the possibility to use Brazilian nature resources, like precious stones and gems, thus, it become more interesting and viable to innovate and conquer external market. Besides, jewelry market attractions make several entrepreneurs interested in opening business in this field, and lately internationalize them, such as H Stern case.

  18. Relationship between sustainable development initiatives and improved company financial performance: A South African perspective

    Directory of Open Access Journals (Sweden)

    Darelle Groenewald

    2016-05-01

    Research purpose: The study analysed the relationship between sustainability performance and FP in South African listed companies. Motivation for the study: Some South African listed companies acknowledge in their sustainability reports that there is a link between sustainability development and long-term shareholder value. This implies that FP is linked to sustainable development performance. This relationship has not been researched for South African listed companies and therefore needs to be investigated. Research design, approach and method: A similar research method was used as for an international study. Forty-five listed South African companies were selected as the sample. Their sustainable development reports were used for analysis. Data were analysed with the use of content and a canonical correlation analysis. Main findings: The results of the study revealed that an overall positive relationship exists between sustainability performance and FP. Practical implications: South African companies that have a high involvement and focus on specific sustainable development initiatives that are integrated into overall sustainable development strategy can deliver improved FP for the organisation and deliver long-term value to its shareholders. Contribution: Six sustainable development aspects were found to be significantly correlated with improved FP and if incorporated into a company’s sustainable development strategy can lead to increased successes.

  19. Tailoring CSR Strategy to Company Size?

    Directory of Open Access Journals (Sweden)

    Alexandra ZBUCHEA

    2017-09-01

    Full Text Available Corporate Social Responsibility (CSR is one of the most debated topics in the academic and professional business literature, being analyzed in a myriad of perspectives, from philosophy, to marketing, management practice, managerial strategies or financial impact. The very term of CSR implies that involving with society in a structural way that is part of a business DNA is or should be understood as a characteristic of big size companies (e.g. ‘corporations’. Academic literature and financial reports show a direct relationship between a company size and its CSR budget, therefore some conclusions have been taken that CSR is effective mostly in cases of big budgets and, consequently, of big companies. Academic research also tends to favor large corporations. Most of the literature on CSR is dedicated to large companies. Nevertheless, in the past decade, increasingly more studies have investigated the social responsibility assumed by other types of companies (such as SMEs, by public institutions or by nonprofit organizations. Our present empirical analysis based on structured academic literature review (comprehensive selection of relevant international papers and content analysis demonstrates that CSR should go beyond the classical understanding of the ‘corporation’ concept and that it should be tailored to SMEs as well. Innovation and top management support are the drivers of effective CSR adoption by SMEs, for positive results meeting specific business model requirements, as well as for society. Going beyond social responsibility as a philosophical duty, correctly tailored CSR strategies can be efficient for small and medium enterprises in meeting strategic business objectives.

  20. Identification of complexity cost factors in manufacturing companies

    DEFF Research Database (Denmark)

    Myrodia, Anna; Hvam, Lars

    2015-01-01

    Complexity tends to be arguably the biggest challenge of manufacturing companies. As the demand from the customers increases in volume and diversity, the number of finished products and components increases as well. This increasing product complexity has a direct effect on the production processes....... This research focuses on the relation between product and process complexity. Complexity cost factors are identified and categorized under the industrial standard APQC for process classification. Then, this categorization is used as a tool for identification of complexity cost factors in seven companies...

  1. The social media cocktail party : A qualitative study of how companies and organizations communicate online

    OpenAIRE

    Ryrhagen, Sarah

    2017-01-01

    Due to the development of, and the opportunities that social media provides for different groups in society, companies and organizations are encouraged to be present on, and be a part of the new social media landscape. This research examines how five companies and five organizations use social media as a tool to create relationships with individuals, and what role social media plays in the daily communication work. The social media platforms discussed in this research companies and organizati...

  2. Marketing Strategy Analysis of Thai Asia Pacific Brewery Company

    OpenAIRE

    Sinee Sankrusme

    2013-01-01

    The study was a case study analysis about Thai Asia Pacific Brewery Company. The purpose was to analyze the company’s marketing objective, marketing strategy at company level, and marketing mix before liquor liberalization in 2000. Methods used in this study were qualitative and descriptive research approach which demonstrated the following results of the study demonstrated as follows: (1) Marketing objective was to increase market share of Heineken and Amtel, (2) the com...

  3. Improvements to the quality of the estimates of US uranium reserves

    International Nuclear Information System (INIS)

    Nikodem, Z.D.

    1998-01-01

    Extensive work has been done in the United States in the estimation of uranium reserves. The government's role in uranium raw materials shifted from support of military programmes to assessing the supply available for commercial power generation. A comprehensive system evolved in which government staff estimated reserves for each property over a range of cost levels using standardized estimation methodology and criteria. The programme was assigned to the Energy Information Administration (EIA) of the Department of Energy in 1983 which has the responsibility for reporting on energy resources. As uranium supply had increased and demand had decreased, there was less concern about the adequacy of resources. In this situation, and with reduced staffing levels, the EIA adopted a two part interim approach to preparing reserve estimates. One used questionnaires to obtain uranium company estimates of their economic and subeconomic reserves, with company determined economic criteria. A second approach modified the earlier detailed government property estimates to account for production. The EIA developed a new system with the assistance of consultants and the uranium industry. The goal of the new system is to produce one set of estimates at various cost categories for each property based on a rigorous adherence to EIA criteria. Initial information is gathered from the industry through a revised annual questionnaire. Company estimates that conform to EIA standards are incorporated into the EIA reserve data base. Additional information is gathered for those estimates requiring clarification, primarily through detailed technical conferences with company staff. The EIA has the capability to prepare independent reserve estimates from basic drill hole data when required. Uranium reserves estimated for 1990 by the EIA include the initial results from the new methodology. The cooperation and support of the uranium industry have been excellent. Detailed evaluation of properties is

  4. Dividend Policy: A Survey of Malaysian Public Listed Companies and Security Analysts

    OpenAIRE

    Chong, David Voon Chee

    2003-01-01

    This dissertation revisits the dividend puzzle and attempts to answer the fundamental question of “why do companies pay dividends?” by using a simple regression model incorporating the major theories on dividend relevance. In addition, this research investigates if the opinions of companies (both dividend and non-dividend paying) and security analysts differ with respect to the various explanations for paying dividends. Finally, this research also explores the views and opinions of corporate ...

  5. THE IMPORTANCE OF THE RELATIONSHIP BETWEEN COMPANY AND INCUBATOR FOR BIOTECHNOLOGY DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Ana Paula Ferreira Alves

    2014-01-01

    Full Text Available The biotechnology activities development demands an intense academic and scientific basis, a productive sector capable of transforming academic research in scientific products and services, and the creation of an institutional environment to promote the sector’s development. Moreover, many biotechnology companies establish formal partnerships with Universities (by technological incubator to expand innovative capacity coming into the market. The importance of biotechnology for developing countries is perceived by its ability to promote national development based on knowledge and innovation. In Brazil, the government establishes technological incubators to accelerate the company consolidation. In this way, it is important to study the relationship between the actors involved. In this context, this article aims to analyze the relationship between a technological incubator and a biotech company. To do so, the qualitative approach was adopted to reach the objective. Interviews with incubator’s employees of a Brazilian University and biotechnology company’s managers were conducted. The results show that the company-incubator interaction promoted projects approval which were able to support new researches development and to purchase production equipment. Incubated companies have higher chances of survival in the market from the interaction with University, through the technological incubator. The relationship between the incubator and the biotech company is considered a fundamental condition for biotechnology activities development.

  6. Determination of the Value of Intangible Assets in the Companies of Lithuania

    Directory of Open Access Journals (Sweden)

    Bužinskienė Rita

    2017-12-01

    Full Text Available In accordance with generally accepted accounting standards, most intangibles are not accounted for and not reflected in the traditional financial accounting. For this reason, most companies account intangible assets (IAs as expenses. In the research, 57 sub-elements of IAs were applied, which are grouped into eight main elements of IAs. The classification of IAs consists in two parts of assets: accounting and non-accounting. This classification can be successfully applied in different branches of enterprises, to expand and supplement the theoretical and practical concepts of the company's financial management. The article proposes to evaluate not only the value of financial information for IAs (accounted but also the value of non-financial information for IAs (non-accounted, thus revealing the true value of IAs that is available to the companies of Lithuania. It names a value of general IAs. The results of the research confirmed the IA valuation methodology, which allows companies to calculate the fair value of an IA. The obtained extended IAs valuation information may be valuable to both the owners of the company and investors, as this value plays an important practical role in assessing the impact of IAs on the market value of companies.

  7. The influence of outsourcing on achieving business goals in large Croatian companies

    Directory of Open Access Journals (Sweden)

    Ivica Parlov

    2004-01-01

    Full Text Available This paper presents results of a research conducted in large Croatian companies that intended to connect and establish eventual influences between the usage of outsourcing and achieving business goals in those companies. It was also meant to establish if (and in which segments outsourcing was being used in large Croatian companies, what were the main reasons for its use, if it was conducted according to specific plans and with tracking of achieved results, if expectations that surveyed companies had about outsourcing were met, and what are the future possibilities and perspectives of those companies regarding outsourcing. Many other useful data regarding outsourcing and goal achievement were also collected and linked together in order to establish eventual influences of outsourcing on the effectiveness of making business in large Croatian companies.

  8. Insurance companies' perspectives on the orphan drug pipeline.

    Science.gov (United States)

    Handfield, Robert; Feldstein, Josh

    2013-11-01

    Rare diseases are of increasing concern to private and public healthcare insurance plans. Largely neglected by manufacturers before the 1983 passing of the Orphan Drug Act (ODA), orphan drugs have become a commercialization target of steadily increasing importance to the healthcare industry. The ODA mandates the coverage of rare diseases, which are defined in research communities as diseases that are so infrequent that there is no reasonable expectation of a drugmaker recovering the cost of developing that drug. To determine the views of leading commercial US payers regarding providing access to and coverage for orphan drugs; to assess whether and to what degree cost-effectiveness analysis (CEA) is viewed by payers as relevant to rare disease coverage. The study sample was identified through a call for action sent by America's Health Insurance Plans to its members, resulting in 4 interviews conducted and 3 completed surveys from a total of 7 companies. These 7 US health insurance companies represent approximately 75% of the US private insurance market by revenue and include approximately 157 million covered lives (using self-reported data from insurance companies). Representatives of 3 companies responded to the survey, and representatives of 4 companies were interviewed via the phone. The interviews were conducted with subject matter experts at each company and included 2 senior vice presidents of a pharmacy program, 1 chief medical director, and 1 head of pharmacoeconomics. The surveys were completed by 1 vice president of clinical pharmacy strategy, 1 chief pharmacy director, and 1 medical director. Based on the responses in this study, approximately 67% of US private insurance companies are concerned about orphan drugs, but only approximately 17% have developed meaningful strategies for addressing the cost of orphan drugs. Of the companies who do have such a strategy, 100% are unsure how to determine the best economic assessment tools to control orphan drug

  9. Emerging trends in contract research industry in India.

    Science.gov (United States)

    Drabu, Sushma; Gupta, Alka; Bhadauria, Anupama

    2010-09-01

    A Contract Research Organization (CRO) is a service organization that provides support to the pharmaceutical industry and offers a wide range of "outsourced" pharmaceutical research services to aid in R&D process and is thus an essential tool for undertaking clinical trials in the present scenario when high stakes are involved in the drug discovery process. This industry also offers a safe option of investment as the industry is largely recession-proof, with a significant upscale growth. Presently India occupies a very small pie of the global market share in the Clinical Trials Industry but it is estimated to conduct nearly 5% of global clinical trials by 2012. The global CRO industry valued $18 bn in 2008 and the market is expected to grow at an annual rate of 14% between 2009 and 13. Top multinational pharmaceuticals companies are venturing into the Indian business, in collaboration with the Indian Drug Companies. According to a recent study by Mckinsey & Company, the Indian Clinical Research Industry can attract $1.5 bn of revenue from US and EU by 2010. Such an increase in outsourcing from the western countries has led the global pharma companies and Indian entrepreneurs to set up Contract Research Organizations (CROs) in India. To bring this into realization and fulfil the market demand, while simultaneously aiding in improving the country's economical standards and market position, joint and well-coordinated efforts on part of the government, industry, and working professionals are needed in terms of regulatory affairs, audits, transparency in work affairs, garnering patient confidence, and pharmacovigilance. Copyright 2010 Elsevier Inc. All rights reserved.

  10. Using service design methods for B2b service brand concept development: Case company

    OpenAIRE

    Molina Escalante, Hugo

    2014-01-01

    A short time before this study was initiated, a small B2b service company had just began op-erating its business without a brand of it’s own. The company owners were looking to design an innovative brand for their business. The purpose of this thesis was to develop the brand for this service Company in the B2b context, using practical service design and Strategic design research methods. This thesis report represents a framework for developing a B2b service brand using research methods c...

  11. IS THE CODE OF CONDUCT A MERE MARKETING TOOL OR A NECESSARY INSTRUMENT FOR A GLOBAL COMPANY LIKE VAISALA : A Case Study of a Finnish Public Limited Company Vaisala, specializing in environmental and industrial measurement

    OpenAIRE

    Raninen, Elina

    2014-01-01

    This research studies the implementation of the company code of conduct of a Finnish Public Company called Vaisala. Vaisala is a global company operating in more than 140 countries and focuses on environmental measurements such as weather measurement and chosen industrial measurements.

  12. The Danish East India Company

    DEFF Research Database (Denmark)

    Sørensen, Karsten Engsig

    2005-01-01

    The article analysis the first Danish East India Company incorporated in 1616, which was the first Danish Stock Company and which has impacts even on modern Danish company la......The article analysis the first Danish East India Company incorporated in 1616, which was the first Danish Stock Company and which has impacts even on modern Danish company la...

  13. DETERMINANT FACTORS OF THE CAPITAL STRUCTURE OF BRAZILIAN TECHNOLOGY COMPANIES

    Directory of Open Access Journals (Sweden)

    Camila Freitas Sant´Ana

    2015-12-01

    Full Text Available The purpose of this study is to identify determinant factors of the capital structure of Brazilian technology companies. The research was characterized as descriptive, document and quantitative, consisting of 21 companies in the communications, telecommunications and digital industry, according to the Exame magazine ranking. The analysis was established from 2009 to 2013 using panel data regression. The results indicate that the growth rate of capital and control type have a positive relationship with the general and long-term debt. However, it was found that company size, profitability and type of capital point to a negative relationship with the capital structure.

  14. ACTUAL PROBLEMS OF THE ESTIMATION OF COMPETITIVENESS OF THE BRAND

    Directory of Open Access Journals (Sweden)

    Sevostyanova O. G.

    2016-03-01

    Full Text Available The increase in a share of brand sales in the market predetermines the big spectrum of application of estimated cost of a brand as major of company actives. In article advantages and lacks of private techniques of estimation of cost of brand Interbrand and V-RATIO are analyzed. It is shown, that definition of cost characteristics of a brand is a valuable source of the information at strategic management of the company, hence, the major making competitiveness of trade enterprise.

  15. Sustainable Development as Concern for Industrial Companies

    DEFF Research Database (Denmark)

    Bundgaard, Hans

    Today, the industrial company has responsibilities towards the environment, the society, and the owners. From a theoretical base of social theory and social science, this industry research has considered the preconditions for a more proactive industrial response towards sustainability. A new conc...

  16. The Budgeting Mechanism in Development Companies

    Science.gov (United States)

    Kovaleva, Tatiana M.; Khvostenko, Oleg A.; Glukhova, Alla G.; Nikeryasova, Veronica V.; Gavrilov, Denis E.

    2016-01-01

    Relevance of the researched problem is caused by the fact that today there is a requirement for a unique, generalized, theoretically and methodically elaborated budgeting mechanism disaggregating the aims of strategic level to the level of structural units of the company. The aim of article is to develop methodical provisions and practical…

  17. Strategic priorities of Iranian companies: an application of mission statement content analysis

    OpenAIRE

    Shahriar AZIZI; Vahid MAKIZADEH

    2014-01-01

    The mission statement describes the strategic priorities of a company. It determines the roadmap for strategic decision in the corporation. Research on mission statement elements is an interesting field because it clarifies the strategic priorities of the company. This paper aims to analyze these priorities among 48 large Iranian companies active in four selected industries based on David’s (1989) nine-element model. These components include customer, market, general image, product, technolog...

  18. Company Portfolios Answer the Question: What Do You Know about My Company?

    Science.gov (United States)

    Watson, Michelle L.

    2001-01-01

    Job seekers can demonstrate their knowledge of a potential employer by developing a company portfolio. Elements include company history, mission, values, and goals; size and location(s); financial status; and recent changes in the company and industry. (SK)

  19. The Importance of Trust and Networking in the Learning Process of Polish Companies

    DEFF Research Database (Denmark)

    Lorentzen, Anne

    2002-01-01

    Innovation, learning and competitiveness are positively loaded concepts, which are in focus in today?s research on enterprise development. The paper shows that this challenge also faces companies in Central and Eastern Europe.......Innovation, learning and competitiveness are positively loaded concepts, which are in focus in today?s research on enterprise development. The paper shows that this challenge also faces companies in Central and Eastern Europe....

  20. Local and regional energy companies offering energy services: Key activities and implications for the business model

    International Nuclear Information System (INIS)

    Kindström, Daniel; Ottosson, Mikael

    2016-01-01

    Highlights: • Many companies providing energy services are experiencing difficulties. • This research identifies key activities for the provision of energy services. • Findings are aggregated to the business-model level providing managerial insights. • This research identifies two different business model innovation paths. • Energy companies may need to renew parts of, or the entire, business model. - Abstract: Energy services play a key role in increasing energy efficiency in the industry. The key actors in these services are the local and regional energy companies that are increasingly implementing energy services as part of their market offering and developing service portfolios. Although expectations for energy services have been high, progress has so far been limited, and many companies offering energy services, including energy companies, are experiencing difficulties in implementing energy services and providing them to the market. Overall, this research examines what is needed for local and regional energy companies to successfully implement energy services (and consequently provide them to the market). In doing this, a two-stage process is used: first, we identify key activities for the successful implementation of energy services, and second, we aggregate the findings to the business model level. This research demonstrates that to succeed in implementing energy services, an energy company may need to renew parts or all of its existing product-based business model, formulate a new business model, or develop coexisting multiple business models. By discussing two distinct business model innovation processes, this research demonstrates that there can be different paths to success.

  1. Penetration of small and medium sized food companies on foreign markets

    Directory of Open Access Journals (Sweden)

    Ladislav Mura

    2010-01-01

    Full Text Available In the world the interconnection of national economies and internationalization of economic processes occur. In turbulent changing business environment only those companies that understand the current trends in global economy may survive, develop and prosper. Therefore, the issue of internationalization for most companies becomes to be more important and the process of in­ter­na­tio­na­li­za­tion is the way how to stand this increasingly competitive environment. In presented contribution, the attention is paid to issues of internationalization of Slovak food industry enterprises such as their way of business internationalization, percentage share of foreign - trading activities on overall business activity, company evaluation of business internationalization or barriers of foreign markets pe­ne­tra­tion that researched companies have to deal with. Small and medium-sized enterprises (SMEs are the engine of the Slovak economy, generator of development, innovation, growth and they employ more than 60% of employees. Almost all businesses operating in agri-food complex have character of small and medium enterprises. The results of carried research have shown that small and medium-sized companies are considered to be successful in operation on foreign markets in surrounding European countries.

  2. State companies dominate OGJ100 list of non-U.S. oil producers

    International Nuclear Information System (INIS)

    Anon.

    1993-01-01

    State owned oil and gas companies dominate the OGJ100 list of non-U.S. producers. Because many of them report only operating information, companies on the worldwide list cannot be ranked by assets or revenues. The list, therefore, is organized regionally, based on location of companies' corporate headquarters. The leading nongovernment company in both reserves and production is Royal Dutch/Shell. It ranks sixth in the world in liquids production and 11th in liquids reserves, as it has for the past 2 years. British Petroleum is the next largest nongovernment company. BP ranks 11th in liquids production and 16th in liquids reserves. Elf Aquitaine, 55.8% government-controlled, ranked 17th in liquids production. AGIP was 20th in liquids production. Kuwait Petroleum returned to the list of top 20 producers, ranking 12th, as it restored production shut in by facilities damage sustained during the Persian Gulf crisis. New to the top 20 reserves list is Petroleo Brasileiro, which moved to 20th position. The top 20 companies in the OGJ100 held reserves estimated at 869.3 billion bbl in 1992 vs. 869.5 billion bbl in 1991 and 854.2 billion bbl in 1990

  3. Differences in the patent management in Brazilian companies with and without plants abroad

    Directory of Open Access Journals (Sweden)

    Hilda Maria Salomé Pereira

    2014-12-01

    Full Text Available This paper compares the procedures of local Brazilian companies (those which have plants in Brazil only with those of international Brazilian companies (which have plants in at least two countries regarding the patent management. Although there are a lot more variables to consider when examining the issue of patents in companies, this study presents and analyzes the results of a qualitative research on the decision to patent innovations, the choice of countries where to patent and the strategic significance of patents to the company.

  4. Employee motivation and work performance: A comparative study of mining companies in Ghana

    Directory of Open Access Journals (Sweden)

    Elizabeth Boye Kuranchie-Mensah

    2016-04-01

    Full Text Available Purpose: The paper empirically compares employee motivation and its impact on performance in Ghanaian Mining Companies, where in measuring performance, the job satisfaction model is used. Design/methodology/approach: The study employed exploratory research design in gathering data from four large-scale Gold mining companies in Ghana with regards to their policies and structures in the effectiveness of motivational tools and strategies used by these companies. Findings: The study observed that, due to the risk factors associated with the mining industry, management has to ensure that employees are well motivated to curb the rate at which employees embark on industrial unrest which affect performance, and employees are to comply with health and safety rules because the industry contribute hugely to the Gross Domestic Product (GDP of the country. Research Limitations/Implications: Limitation to the present study include the researcher’s inability to contact other mining companies. However, the study suggests possibilities for future research including contacting other mining companies, expanding the sample size, managers ensuring that the safety and health needs of staff are addressed particularly those exposed to toxic and harmful chemicals. Originality/Value: A lot of studies have been done on mining companies in the past. This paper fills a gap perceived that employees in this sector are highly motivated in spite of the challenges being faced by them, and knowing more about what keeps employees moving is still of national interest.

  5. Examining the cost efficiency of Chinese hydroelectric companies using a finite mixture model

    International Nuclear Information System (INIS)

    Barros, Carlos Pestana; Chen, Zhongfei; Managi, Shunsuke; Antunes, Olinda Sequeira

    2013-01-01

    This paper evaluates the operational activities of Chinese hydroelectric power companies over the period 2000–2010 using a finite mixture model that controls for unobserved heterogeneity. In so doing, a stochastic frontier latent class model, which allows for the existence of different technologies, is adopted to estimate cost frontiers. This procedure not only enables us to identify different groups among the hydro-power companies analysed, but also permits the analysis of their cost efficiency. The main result is that three groups are identified in the sample, each equipped with different technologies, suggesting that distinct business strategies need to be adapted to the characteristics of China's hydro-power companies. Some managerial implications are developed. - Highlights: ► This paper evaluates the operational activities of Chinese electricity hydric companies. ► This study uses data from 2000 to 2010 using a finite mixture model. ► The model procedure identifies different groups of Chinese hydric companies analysed. ► Three groups are identified in the sample, each equipped with completely different “technologies”. ► This suggests that distinct business strategies need to be adapted to the characteristics of the hydric companies

  6. Tanzania Telecommunication Company Limited as a Mobile Service Provider

    OpenAIRE

    Ndyamukama, Edna

    2014-01-01

    This bachelor’s thesis was researched and written under the consent and authority of Tanzania Telecommunication Company Limited (TTCL), with the purpose to find out ways of improving sales and profits of its mobile service department. The mobile service department of TTCL is performing poorly as compared to its competitors despite being managed by a strategically positioned and experienced company in tele-communication services. It was also meant to find out the positive contribution of compe...

  7. Current practice and perspectives in CRO oversight based on a survey performed among members of the German Association of Research-Based Pharmaceutical Companies (vfa

    Directory of Open Access Journals (Sweden)

    Hennig, Michael

    2017-01-01

    Full Text Available In recent years, the number and scope of outsourced activities in the pharmaceutical industry have increased heavily. In addition, also the type of outsourcing has changed significantly in that time. This raises the question of whether and how sponsors retain the capability to select and to control the contract research organizations (CROs involved and what expertise still has to be present in the development department as well as other relevant departments to ensure adequate oversight, also in line with the expectations of regulators and health authorities. In order to answer these questions, a survey was conducted among the German vfa member companies. The survey describes the latest developments and experiences in outsourcing by 18 German vfa member companies. It concentrates on measures how to implement Quality Assurance (QA when performing outsourced clinical studies.This study shows that the majority of companies apply a full-outsourcing, preferred-provider model of clinical trial services, with the clinical research department playing the major role in this process. A large amount of guiding documents, processes and tools are used to ensure an adequate oversight of the services performed by the CRO(s.Finally the guiding principles for all oversight processes should be transparent communication, a clearly established expectation for quality, a precise definition of accountability and responsibility while avoiding silo mentality, and a comprehensive documentation of the oversight’s evidence. For globally acting and outsourcing sponsors, oversight processes need to be aligned with regards to local and global perspectives. This survey shows that the current implementation of oversight processes in the participating companies covers all relevant areas to ensure highest quality and integrity of the data produced by the outsourced clinical trial.

  8. Design and Implementation of Company Tailored Automated Material Handling

    DEFF Research Database (Denmark)

    Langer, Gilad; Bilberg, Arne

    1996-01-01

    This article focuses on the problems of analysing automation of material handling systems in order to develop an efficient automated solution that is specifically tailored to the company. The research has resulted in development of new methods for evaluating factory automation from design...... to implementation. The goals of the research were to analyse and evaluate automation in order to obtain an advantageous combination of human and automated resources. The idea is to asses different solutions in a virtual environment, where experiments and analyses can be performed so that the company can justify...... for their application with computer aided information processing tools. The framework is named the "Automated Material Handling (AMH) Preference GuideLine". The research has been carried out in close co-operation with Danish and European industry, where implementations of automation can be referred to. It is our...

  9. PRACTICE OF OPERATIONS IN COMPANIES OF TERESINA, PIAUÍ, BRAZIL

    Directory of Open Access Journals (Sweden)

    Tonny Kerley de Alencar Rodrigues

    2014-12-01

    Full Text Available This research was structured in order to respond those research problems: The companies of the city of Teresina, Piauí, Brazil practice operations management? What tools of operations management they use? What are the tools of operations management that they need more? Trying to understand these issues, we developed a quantitative survey. The research can be rated as descriptive and explanatory, applied and/or intervention. As for media, research can be classified as documentary, bibliographic and/or participant. For the better development of the study it was used a documentary approach. Regarding the sample was stratified random amount of small businesses that responded to the proposed questionnaire was used was 415. The results showed that the MPEs have a number of structural features for example: complementarity and subordination relationship with large companies, low investment in technological innovation, high rate birth and death, low capital intensity, strong family presence in the composition of labor among other.

  10. Interrelationship between a brand’s environmental embeddedness, brand awareness and company performance

    Directory of Open Access Journals (Sweden)

    Ivana First

    2007-07-01

    Full Text Available The purpose of the research was to define and measure a brand’s environmental embeddedness that, unlike the constructs used in previous environmental research, measures to which extent brand identity is embedded in environmental values. The purpose was also to assess a correlation of this variable to brand awareness and company performance. This study is based on three overlapping theoretical backgrounds: brand management, corporate social responsibility and organizational culture. Secondary data as well as content analysis and survey-based primary data were used. The results indicate a correlation between the environmental embeddedness of brands and brand awareness, but no correlation of these two variables to company performance. Such results support the idea that companies should indeed invest in being environmentally friendly so as to increase their chances of being recognized, while also indicating that the companies that own strong brands cannot afford not to be environmentally conscious as that could hurt their corporate brand values.

  11. The impact of IFRS on ratios of listed and new listed companies of Athens Exchange

    Directory of Open Access Journals (Sweden)

    Balios Dimitrios

    2013-07-01

    Full Text Available In this study we are researching the effect of the implementation of International Financial Reporting Standards (IFRS on financial ratios of listed companies of Athens Exchange (AE. Emphasis is given to the differences between Greek Accounting Standards (GAS and IFRS and their impact on the calculation of financial ratios which are based on financial statements prepared in accordance with the first or the second accounting standard. Therefore, the study was applied to two samples of companies. The first sample includes companies that have been listed in AE for years and the second sample includes companies that have recently been listed in AE. Considering the particular characteristics of each group of companies, we are examining the probability of quantitative differentiations in financial ratios due to the transition from the one accounting standard to the other. The results of the research results showed that both samples of companies, when not influenced by other factors, do not have significant differences in their behavior.

  12. Regulating Listed Companies: Between Company Law and Financial Market Law in Danish Law

    DEFF Research Database (Denmark)

    Clausen, Nis Jul

    2011-01-01

    The article discusses different elements and aspects of the regulation of listed companies in particular whether such regulation should be placed in company law or in financial marked law.......The article discusses different elements and aspects of the regulation of listed companies in particular whether such regulation should be placed in company law or in financial marked law....

  13. Strategic Management for IT Services on Outsourcing Security Company

    Directory of Open Access Journals (Sweden)

    Lydia Wijaya

    2018-04-01

    Full Text Available Information Technology (IT is used by many organizations to enhance competitive advantage, but many outsource security firms have not used IT in their business processes. In this research, we will design Strategic Management for IT Services for outsourcing security company. We use an outsourcing security company as a case study of IT Strategy Management for IT Services development. The purpose of this study is to create an IT services strategy for security outsourcing companies. The framework used is the ITIL (Information Technology Infrastructure Library framework service strategy in strategy management for IT services process. There are several steps taken in the making of the strategy: (a Strategic assessment stage to analyzed internal and external factors of the company. (b Strategy generation by creating the strategic plan. (c Strategy execution to determine the tactical plan. And (d strategy measurement and evaluation. This study produced the proposed IT service system that suits the needs of the company in the form of strategic, tactical plans and strategy measurement. This result can be used as the foundations of IT service development in outsourcing security company. In the process of this study, we work closely with stakeholders; every work product has been verified and validated by stakeholders.

  14. Environmental management in companies: an analysis of the scientific production on environmental management in companies published in the main journals on administration between 1996 and 2005

    Directory of Open Access Journals (Sweden)

    Fernando César Almada Santos

    2008-07-01

    Full Text Available The aim of this article is to analyse the scientific production on environmental management in companies published in the six main journals on administration in Brazil (RAE, RAEE, RAUSP, RAP, REAd and RAC, during the period between 1996 and 2005. The following aspects were used in order to examine this academic production: quantitative progress of production; source of authorship; methodological profile; publication content and breadth; and internationalization level of references. The main concerns of this diagnosis are: the academic production on environmental management in companies corresponds to only 2,30% of the total production in administration; a significant part of this production is stimulated by international studies, mainly Hunt and Auster (1990 and Porter and Linde (1995; Brazilian research is restricted to small group of researchers and institutions, as almost 60% of the analyzed articles were published by only five institutions. Thus, this article contributes to the systematization of the academic production on environmental management in companies, as well as it provides insights for this field of research in Brazil.

  15. Oil prices and the stock prices of alternative energy companies

    International Nuclear Information System (INIS)

    Henriques, Irene; Sadorsky, Perry

    2008-01-01

    Energy security issues coupled with increased concern over the natural environment are driving factors behind oil price movements. While it is widely accepted that rising oil prices are good for the financial performance of alternative energy companies, there has been relatively little statistical work done to measure just how sensitive the financial performance of alternative energy companies are to changes in oil prices. In this paper, a four variable vector autoregression model is developed and estimated in order to investigate the empirical relationship between alternative energy stock prices, technology stock prices, oil prices, and interest rates. Our results show technology stock prices and oil prices each individually Granger cause the stock prices of alternative energy companies. Simulation results show that a shock to technology stock prices has a larger impact on alternative energy stock prices than does a shock to oil prices. These results should be of use to investors, managers and policy makers. (author)

  16. Assessing the Influence of Stakeholders on Sustainability Marketing Strategy of Indian Companies

    Directory of Open Access Journals (Sweden)

    Vinod Kumar

    2016-09-01

    Full Text Available The present research is aimed at analyzing and evaluating the influence of key stakeholders on sustainability marketing strategies (SMSs of multi-industry Indian companies. The study objective is achieved in several phases, including development of typology of SMS of Indian companies, identification and classification of stakeholders, and evaluation of influence of various stakeholders on SMS of Indian companies. To achieve these objectives, data were collected from Business Standard 1,000 companies through email survey, and 153 complete responses were received. Empirical evidence shows that most of the Indian companies are either undecided about or uninterested in adopting sustainability marketing (SM practices, or are not showing their interest in adopting sustainability. Findings further reveal that stakeholders exert environmental, social, and economic pressures on Indian companies; managers of Indian companies feel considerable pressure from environmental stakeholders for adopting SMS, while the pressure from social and economic stakeholders is comparatively less. The study will help managers manage stakeholders effectively while formulating SMSs.

  17. Determinants of Audit fees by Brazilian Companies Publicly Traded

    Directory of Open Access Journals (Sweden)

    Victor Placeres Borges

    2017-08-01

    Full Text Available The studies on the determinants of audit fees in Brazil became possible with the mandatory disclosure of audit expenses in 2009. Thus, the objective of this research was to identify the determinants of the fees paid by Brazilian publicly traded companies to independent auditors in 2010 to 2014. The analysis took place through regression with data arranged in panel. Size, performance, complexity, audit firm size, adoption of corporate governance practices, audit rotation, industry and litigation risks have all been found to have an impact on the fees. Therefore, the aspects that can be used by companies for the purpose of information management or that require more auditing timefor signaling points of greater risks are highlighted. In addition, understanding the determinants allows companies to plan future expenditures with audit fees and assists regulators and inspectors in defining and comparing key determinants of firms for identifying abnormal payments. These results complement the research in Brazil, Australia, Bangladesh, Norway, Bahrain, England, Jordan, Kuwait, USA, Malaysia, Nigeria, Abu Dhabi, Italy and Indonesia.

  18. 77 FR 20882 - Manning Grain Company; Acquisition and Operation Exemption; Fillmore Western Railway Company

    Science.gov (United States)

    2012-04-06

    ... DEPARTMENT OF TRANSPORTATION Surface Transportation Board [Docket No. FD 35612] Manning Grain Company; Acquisition and Operation Exemption; Fillmore Western Railway Company Manning Grain Company (MGC... Docket No. FD 35607, Manning Rail, Inc.--Acquisition and Operation Exemption--Manning Grain Company...

  19. The Event Communication Vector of Efficiency of Moroccan Large Companies

    Directory of Open Access Journals (Sweden)

    Najwa El Omari

    2016-06-01

    Full Text Available The event communication has for objective to give another dimension to the company or to the brand, by bringing it out of its daily life and by developing relations with its target public, around their centers of interests. It may be by sharing the same passions, by making live feelings to a group, by federating and by creating links; because today we need a more emotional and more real component. Since a few years, the event communication seems to be "revisited" by companies and appears to stand out as an alternative to media or other more traditional tools. For the upholders of the relationship marketing, this communication delivers “a social message which affects the spectator or the auditor in its inhalation to be a part of a social, sports or artistic community” (Perlstein and Picket, 1985. Therefore, we are going to expose our researches and would try to answer the following problem: "what is the impact of the event communication on the Moroccan large company, independently of any different parasite variable? ". The objective of our research is to try to make notions understand around the event communication, and especially the evaluation of its added value on the efficiency of the Moroccan large company. To try to answer these questions derived of our problem, our research will concentrate on: a first theoretical part around a set of concepts, a second part will be the object of an empirical study.

  20. State of Vision Development in Slovenian Companies

    Directory of Open Access Journals (Sweden)

    Vojko Toman

    2014-05-01

    Full Text Available Vision is a prerequisite for efficient strategic planning and the effectiveness of a company. If a company has no vision (i.e., it does not know where it is heading, then it cannot build on advantages, eliminate weaknesses, exploit opportunities and avoid threats. The term ‘vision’ is often used in scientific and professional literature, but it should be noted that different authors understand the term differently and often discuss it inadequately. Many questions regarding the nature of vision arise in practice and in theory, and I answer many of them in my article. I define vision, explain the reasons for its necessity and provide its characteristics and content. I define mission and explain the main difference between vision and mission. The majority of the article presents the results of empirical research on the state of vision setting in Slovenian companies. The article highlights the way in which these terms are understood by top managers.

  1. Adding further efficiencies to the laundry and hospitality industries : comissoned by CompanyX

    OpenAIRE

    Skews, Mark

    2015-01-01

    This dissertation investigates the number of customers who rent laundry from CompanyX and experience problems with the service process that they receive. The research gauges the significance of the problems experienced and explores what technologies could enhance the service processes of CompanyX. The research methodology used was an internet based customer survey, to empirically determine the quantity of customers who experience service process problems. Further investigation was perfo...

  2. MERGER ACCOUTING FOR COMPANIES

    Directory of Open Access Journals (Sweden)

    SUCIU GHEORGHE

    2014-05-01

    Full Text Available Companies, especially nowadays, are characterized through great mobility, fast circulation of capital, occurring in their chase for profit. In this context, companies look for alliances, economical and political assistance. These objectives can materialize through merging of companies. The merger can be internal (between Romanian companies or transboundary, which includes foreign companies. In order to correctly reflect these events, the merger operations must be regulated and must respect national and international regulations. One important request concerning the merger operations is that the accounting values of the assets, debts and ownership equity must be brought to the present financial value.

  3. Discussion forum for researchers in nuclear geology: programme, abstracts and newsletter, Pelindaba, Republic of South Africa

    International Nuclear Information System (INIS)

    Brynard, H.J.

    1985-01-01

    The Atomic Energy Corporation of SA Ltd sponsors research in nuclear geology at several South African universities with a view to delineating target areas for uranium prospecting by mining companies. This report covers research done on uranium and thorium mineralization, geohydrology, age estimation, nuclear techniques and isotopic studies. The results of the researches reported is necessarily not complete and the abstracts in this volume should therefore not be regarded as conclusive

  4. Countries and companies

    International Nuclear Information System (INIS)

    Jenning, J.S.

    1990-01-01

    The trends and factors currently emerging are likely to have significant influence on the way the upstream oil and gas industry evolves in the coming decade. This paper discusses how these trends might influence events in the 1990s, particularly how they might influence relationships between host countries and companies in the oil industry. State owned companies will dominate the industry in resource terms. These statcos fall into three groups: a small group of technically able, financially sound, well-managed companies; a group of consumer statcos that have limited domestic production but significant domestic demand; a large group that are finding it difficult to maintain their production facilities in good standing to maximize recovery from their resources. This paper describes the future private sector as consisting of the Surviving Sisters and smaller, private companies very active in the upstream. How will these various players behave in the years to come? Conventional activity in the upstream will continue as companies seek to optimize their upstream portfolios

  5. Buy-to-let investments in Spain : Investing as a Private Person versus Establishing a Company

    OpenAIRE

    Könönen, Riitta

    2011-01-01

    The subject of the thesis was chosen when the Zariko properties needed a re-search to find out when is it more profitable to be private person and when is it time to establish a company when investing in apartments to let. The target of the thesis was to investigate three cases: private person, Finnish company and Spanish company investing in one, ten or hundred apartments. The research was made by finding information from the internet, with some professional books as well as some professiona...

  6. Striking Features of the New Market Companies Adopting Hedge Accounting

    Directory of Open Access Journals (Sweden)

    Leandro Augusto Toigo

    2015-08-01

    Full Text Available This research had as main objective to analyze the corporate and financial governance characteristics that discriminate against groups of companies that adopt hedge accounting in the new market for risk management. In this sense, there was descriptive survey the site of BM&FBOVESPA, conducted through desk review of the financial statements of 31/12/2012, including the explicative notes and management reports, there was also collecting data in reference form and Economatica. The population corresponds as 128 companies of the governance level - new market, and that the reserve sample was random and probabilistic, comprising 88 companies. We used a construct of the CPC 40 that deals with hedge accounting in order to segment the sample companies opting or not hedge accounting. The results of the application of Pearson's correlation and logistic regression with the Hosmer and Lemoshow tests (HLT and Test Omnibus coefficient model (OTMC, have shown that companies with ownership concentration, foreign investors and larger assets are adopting more significantly CPC 40. It follows that Brazilian companies belonging to the new market that adopt the practice of accounting disclosure to demonstrate improvement in risk management of the investments of the shareholders, are large companies with the capital structure composed of foreign investor and representative shareholder wealth.

  7. Recov'Heat: An estimation tool of urban waste heat recovery potential in sustainable cities

    Science.gov (United States)

    Goumba, Alain; Chiche, Samuel; Guo, Xiaofeng; Colombert, Morgane; Bonneau, Patricia

    2017-02-01

    Waste heat recovery is considered as an efficient way to increase carbon-free green energy utilization and to reduce greenhouse gas emission. Especially in urban area, several sources such as sewage water, industrial process, waste incinerator plants, etc., are still rarely explored. Their integration into a district heating system providing heating and/or domestic hot water could be beneficial for both energy companies and local governments. EFFICACITY, a French research institute focused on urban energy transition, has developed an estimation tool for different waste heat sources potentially explored in a sustainable city. This article presents the development method of such a decision making tool which, by giving both energetic and economic analysis, helps local communities and energy service companies to make preliminary studies in heat recovery projects.

  8. Estimation of cost function in the natural gas industry

    Energy Technology Data Exchange (ETDEWEB)

    Kim, Young Duk [Korea Energy Economics Institute, Euiwang (Korea)

    1999-02-01

    The natural gas industry in Korea has characteristics of a dual industrial structure with wholesale and retail and a regional monopoly of city gas company. Recently there have been discussions on the restructuring of gas industry and the problems arising from such industrial organization. At this point, the labor and capital cost of KOGAS were analyzed to find out efficiency of KOGAS, the wholesaler and the cost function focusing on distribution was estimated to find out effect of scale of city gas company, the retailer. As a result, in the case of KOGAS, it is prove that enhancing competitive power is needed by improving labor productivity through stabilization of labor structure and by maximizing value-added through stability of capital combination. From the estimation of cost function of city gas companies, the existing regional monopoly of city gas company have effects on its scale only when the area of operation and end users used the same amount per end user are increased. (author). 31 refs., 10 figs., 43 tabs.

  9. Global oil company profiles

    International Nuclear Information System (INIS)

    1997-01-01

    Global Oil Company Profiles provides a comprehensive review of 50 of the top oil companies in the world. Each chapter is devoted to an individual company, providing an invaluable insight into the organisation, its structure and operations. Using the most recent data available, the report offers an up-to-date analysis of performance and future direction, as well as a unique benchmarking system for each company profiled. (author)

  10. Climate Science and the Responsibilities of Fossil Fuel Companies for Climate Damages and Adaptation

    Science.gov (United States)

    Frumhoff, P. C.; Ekwurzel, B.

    2017-12-01

    Policymakers in several jurisdictions are now considering whether fossil fuel companies might bear some legal responsibility for climate damages and the costs of adaptation to climate change potentially traceable to the emissions from their marketed products. Here, we explore how scientific research, outreach and direct engagement with industry leaders and shareholders have informed and may continue to inform such developments. We present the results of new climate model research quantifying the contribution of carbon dioxide and methane emissions traced to individual fossil fuel companies to changes in global temperature and sea level; explore the impact of such research and outreach on both legal and broader societal consideration of company responsibility; and discuss the opportunities and challenges for scientists to engage in further work in this area.

  11. STUDY ABOUT A FURNITURE COMPANY THAT USES NEW TECHNOLOGIES AND COMPUTERIZED EQUIPMENT

    Directory of Open Access Journals (Sweden)

    PUSTIANU Monica

    2015-05-01

    Full Text Available In Romania, there are companies that uses new technologies and computerized equipment leading to obtaining high quality products and profit. Furniture industry has continuously developed due to high demand for diversified products for all age groups. Romanian goods shall be delivered both in the country and abroad. The tapestries furniture made in our country, classical or modern, by leather in different colours or with textile coating materials fashionable chosen is already enjoying much attention from the external and internal customers. The workforce employed in the furniture manufacturing industry is qualified, managed to shape the wood into complex and elegant products that are able to give full satisfaction to all consumers SWOT analysis is defined as a complex research of economic aspects, technical, sociological, legal and managerial aspects that characterize the activity of a company and allows the formulation of an opinion on the past and present condition of the company. SWOT analysis may be carried out both at the level of functional areas of the company: financial, commercial, production, human resources, research and development, management and at the level of firm as a whole. By this analysis was obtained a clear picture of the current state of the analysed company, helping to knowledge and understanding of the general context in which the company operates. Key words: quality, furniture, management, production, analysis, SWOT

  12. Hybrid performance measurement of a business process outsourcing - A Malaysian company perspective

    Science.gov (United States)

    Oluyinka, Oludapo Samson; Tamyez, Puteri Fadzline; Kie, Cheng Jack; Freida, Ayodele Ozavize

    2017-05-01

    It's no longer new that customer perceived value for product and services are now greatly influenced by its psychological and social advantages. In order to meet up with the increasing operational cost, response time, quality and innovative capabilities many companies turned their fixed operational cost to a variable cost through outsourcing. Hence, the researcher explored different underlying outsourcing theories and infer that these theories are essential to performance improvement. In this study, the researcher evaluates the performance of a business process outsource company by a combination of lean and agile method. To test the hypotheses, we analyze different variability that a business process company faces, how lean and agile have been used in other industry to address such variability and discuss the result using a predictive multiple regression analysis on data collected from companies in Malaysia. The findings from this study revealed that while each method has its own advantage, a business process outsource company could achieve more (up to 87%) increase in performance level by developing a strategy which focuses on a perfect mixture of lean and agile improvement methods. Secondly, this study shows that performance indicator could be better evaluated with non-metrics variables of the agile method. Thirdly, this study also shows that business process outsourcing company could perform better when they concentrate more on strengthening internal process integration of employees.

  13. SAFER - Company Snapshot

    Data.gov (United States)

    Department of Transportation — The Company Snapshot is a concise electronic record of company identification, size, commodity information, and safety record, including the safety rating (if any),...

  14. Increasing a large petrochemical company efficiency by improvement of decision making process

    OpenAIRE

    Kirin Snežana D.; Nešić Lela G.

    2010-01-01

    The paper shows the results of a research conducted in a large petrochemical company, in a state under transition, with the aim to "shed light" on the decision making process from the aspect of personal characteristics of the employees, in order to use the results to improve decision making process and increase company efficiency. The research was conducted by a survey, i.e. by filling out a questionnaire specially made for this purpose, in real conditions, during working hours. The sample of...

  15. BRAND VALUE OF INNOVATIVE COMPANIES – A THEORETICAL STUDY

    Directory of Open Access Journals (Sweden)

    José Antonio Paganotti

    2013-12-01

    Full Text Available The objective of this paper is to present a trajectory of performance of high-tech companies, considered innovative. The paper presents the reasons for success, stagnation, decline and fall of a group of companies chosen due to growth or decline. This is a descriptive and bibliographical research. To this purpose, we selected fifteen of the largest companies in Information Technology and Telecommunications, according to ranking prepared by Interbrand and BrandZ agencies. It is observed that companies have implemented strategies geared to innovation, resulting in high investment in R & D, spent in the past two decades. The surveys allowed us to associate trajectory and changes in brand value to business strategies and to market choices in the last twenty years, such as the acquisition of Compaq by HP and EDS, the recovery trend of Apple, competition between Apple and Nokia in market value, and the stability of the IBM.

  16. Green Computing in Local Governments and Information Technology Companies

    Directory of Open Access Journals (Sweden)

    Badar Agung Nugroho

    2013-06-01

    Full Text Available Green computing is a study and practice of designing, manufacturing, using, and disposing of information and communication devices efficiently and effectively with minimum impact on the environment. If the green computing concept was implemented, it will help the agencies or companies to reduce energy and capital cost from their IT infrastructure. The goal from this research is to explore the current condition about the efforts from local governments and IT companies at West Java to implement the green computing concept at their working environment. The primary data were collected by using focus group discussion by inviting the local governments and IT companies representatives who responsible to manage their IT infrastructure. And then, the secondary data were collected by doing brief observation in order to see the real effort of green computing implementation at each institution. The result shows that there are many different perspectives and efforts of green computing implementation between local governments and IT companies.

  17. Capital raising of aerospace companies: equities or debts?

    Science.gov (United States)

    Hui-Shan, L.; Taw-Onn, Y.; Wai-Mun, H.

    2016-10-01

    Aerospace products enhance national and economic activities, thus maintaining the sustainability of aerospace industry is crucial. One of the perspectives in ensuring sustainability of aerospace companies is expansion of firms by raising funds for research and development in order to provide a reasonable profitability to the firms. This study comprises a sample of 47 aerospace companies from 2009 to 2015 to analyze the impact of raising fund by equities or debts to the profitability of the firms. The result indicates that capital raising through equities is preferable than debts. Moreover, the study also identifies that the profit of aerospace industry is volatile and there is cyclical reduction of the net income in the first quarter of the year. The management needs to make wise decisions in raising fund to ensure a healthy growth of the aerospace company.

  18. Job satisfaction analysis in the company TOMOS, a.s.

    OpenAIRE

    Sumová, Lucie

    2010-01-01

    The presented diploma thesis is a practical research of job satisfaction in the chosen company Tomos Praha, a.s. It deals with the theoretical background of job satisfaction, its relation to the motivation and its impact on the performance of the employees. It describes particular theories of job satisfaction and focuses on the factors which influence the job satisfaction. In the practical part it examines the job satisfaction in the company Tomos Praha, a.s. from the different point of view,...

  19. Expansion of Production Capacity in the Company Moje podjetje d.o.o. and its Impact on the Organizational Climate in the Company

    Directory of Open Access Journals (Sweden)

    Idriz Selimović

    2016-05-01

    Full Text Available Research Question (RQ: In a case study we will discuss the impact of expansion of production at the organizational climate of the company Mojepodjetje d.o.o. Method: When writing of the study was to systematically review the accomplishments of Experts on the surveyed area. We used the employee survey on the topic of expansion of production capacity of the company Mojepodjetjed.o.o. where we reasonably composite questionnaire come up with interesting findings. Results:: As a result of the research presented results of the survey on the planned expansion of production capacities Organization: Organizations must consider the fact that employees are people with feelings, specific desires and aspirations that motivate and inhibit different things. Employees are not just numbers and folders in the Human Resources department, but one of the main drivers of development organizations. With thisstudy we will draw attention to this fact. Originality: In the literature we have not found a similar case example. Our study may encourage critical evaluation of the impact of the human factor in the success of the expansion of operations of the organization. Limitations/Future Research: The study was limited to only one organization in the future it would be good to do a similar study had similar to what the company and to compare the results obtained with our own.

  20. Power of Companies in Supply Chains and Their Effect on Network Development

    OpenAIRE

    Tamás Brányi; László Józsa

    2015-01-01

    A general supply chain functions as a closed cluster and consists of at least three companies: supplier, producer and buyer. In an optimal case the companies within a supply chain are well integrated, partnership rests on trust which results in common strategic decisions. Business practices show that there is a stronger company within the chain that uses its power position to influence network development. The objective of the research is to measure how and what kind of power position is need...

  1. INTEGRATED COST MODEL FOR IMPROVING THE PRODUCTION IN COMPANIES

    Directory of Open Access Journals (Sweden)

    Zuzana Hajduova

    2014-12-01

    Full Text Available Purpose: All processes in the company play important role in ensuring functional integrated management system. We point out the importance of need for a systematic approach to the use of quantitative, but especially statistical methods for modelling the cost of the improvement activities that are part of an integrated management system. Development of integrated management systems worldwide leads towards building of systematic procedures of implementation maintenance and improvement of all systems according to the requirements of all the sides involved.Methodology: Statistical evaluation of the economic indicators of improvement costs and the need for a systematic approach to their management in terms of integrated management systems have become a key role also in the management of processes in the company Cu Drôt, a.s. The aim of this publication is to highlight the importance of proper implementation of statistical methods in the process of improvement costs management in the integrated management system of current market conditions and document the legitimacy of a systematic approach in the area of monitoring and analysing indicators of improvement with the aim of the efficient process management of company. We provide specific example of the implementation of appropriate statistical methods in the production of copper wire in a company Cu Drôt, a.s. This publication also aims to create a model for the estimation of integrated improvement costs, which through the use of statistical methods in the company Cu Drôt, a.s. is used to support decision-making on improving efficiency.Findings: In the present publication, a method for modelling the improvement process, by an integrated manner, is proposed. It is a method in which the basic attributes of the improvement in quality, safety and environment are considered and synergistically combined in the same improvement project. The work examines the use of sophisticated quantitative, especially

  2. Corporate social responsibility as an important factor of business success in Croatian companies

    Directory of Open Access Journals (Sweden)

    Julia Perić

    2018-01-01

    Full Text Available Corporate social responsibility (CSR is becoming an increasingly important subject of public discussion because application of this concept does not only affect company’s business, but also the narrow and the wider community in which the company operates. The Republic of Croatia is an example of daily exposure of political and economic scandals, and the question arises to what extent the community and society are truly informed about the activities of many companies, and if there are written or unwritten laws and rules that seek to ensure adequate presence of morality in daily operations. The purpose of this study is to research the frequency of application of the concept of corporate social responsibility and code of ethics in companies (both public and private in the Republic of Croatia and their effect. The paper tries to answer two research questions: a how do Croatian companies perceive corporate social responsibility, and b is there a link between corporate social performance of the company and signing the Code of business ethics. The empirical part of the paper is based on an anonymous survey of 95 respondents employed in different companies. The following parameters were investigated: respondents’ sociodemographic characteristics, familiarity with the concept of CSR, application in companies, year of introduction in the company, areas of application, and the effect that the application of corporate social responsibility has on the company. Furthermore, the level of presence of the code of ethics, and its availability and success in preventing non-ethical behaviour in companies were examined. The application of CSR and ethical business practice in Croatia has been rising in the past decade, but in order for the implementation to be fully successful, detailed changes of educational, economic and political systems are necessary.

  3. Cost efficiency of Japanese steam power generation companies: A Bayesian comparison of random and fixed frontier models

    Energy Technology Data Exchange (ETDEWEB)

    Assaf, A. George [Isenberg School of Management, University of Massachusetts-Amherst, 90 Campus Center Way, Amherst 01002 (United States); Barros, Carlos Pestana [Instituto Superior de Economia e Gestao, Technical University of Lisbon, Rua Miguel Lupi, 20, 1249-078 Lisbon (Portugal); Managi, Shunsuke [Graduate School of Environmental Studies, Tohoku University, 6-6-20 Aramaki-Aza Aoba, Aoba-Ku, Sendai 980-8579 (Japan)

    2011-04-15

    This study analyses and compares the cost efficiency of Japanese steam power generation companies using the fixed and random Bayesian frontier models. We show that it is essential to account for heterogeneity in modelling the performance of energy companies. Results from the model estimation also indicate that restricting CO{sub 2} emissions can lead to a decrease in total cost. The study finally discusses the efficiency variations between the energy companies under analysis, and elaborates on the managerial and policy implications of the results. (author)

  4. Collocational Networks Supporting Strategic Planning of Brand Communication: Analysis of Quarterly Reports of Telecommunication Companies

    Directory of Open Access Journals (Sweden)

    Pentti Järvi

    2004-10-01

    Full Text Available This study addresses analysing quarterly reports from a brandtheoretical viewpoint. The study addresses the issue through a method which introduces both a quantitative tool based on linguistic theory and qualitative decisions of the researchers. The research objects of this study are two quarterly reports each of three telecommunications companies: Ericsson, Motorola and Nokia. The method used is a collocational network. The analyses show that there are differences in communication and message strategies among investigated companies and also changes during a quite short period in each company

  5. Influence of benefits, results and obstacles’ perceptions by research groups on interactions with companies

    Directory of Open Access Journals (Sweden)

    Veneziano de Castro Araujo

    2015-02-01

    Full Text Available The aim of this paper is to investigate how expected perceptions of academic research groups about results, benefits and obstacles influence the number of interactions with firms, based on a survey of university-industry interactions in Brazil. For this purpose, by means of a nonparametric Item Response Theory (NIRT, non ad hoc clusters were created from patterns of survey answers related with the analyzed perceptions. Using these clusters, a model was estimated to identify how perceptions influence the number of interactions of research groups. The results indicate that research groups that perceive intangible benefits and knowledge results as more important tend to have more interactions with firms. In addition, transactional obstacles imply in less interactions with firms. Finally, some implications on public policies are presented.

  6. Innovation, technology transfer and development: the spin-off companies

    Directory of Open Access Journals (Sweden)

    Teodoro Valente

    2014-05-01

    Full Text Available The article starts from the identification of the reasons why Italy is less prone to technology transfer than other countries, and indicates some key issues for the diffusion of technological innovations and the development of human capital. In particular, technology transfer is not a generic form of exploitation of outcome of the research, it involves specific actions that have impact on economic production, such as the patenting and the creation of new companies (spin-offs. The author discusses the various forms of spin-offs of university research, the evolution of the phenomenon in the structures of the uni- versities, the stages of development of a spin-off company and the current fund- ing arrangements and to be promoted.

  7. How Could Companies Engage in Sustainable Landscape Management? An Exploratory Perspective

    Directory of Open Access Journals (Sweden)

    Paul Opdam

    2018-01-01

    Full Text Available Current concepts that aim to align economic development with sustainability, such as the circular and green economy, often consider natural systems as externalities. We extend the green economy concept by including the landscape as the provider of social, economic and environmental values. Our aim is to explore how companies could engage in creating landscape-inclusive solutions for sustainable landscapes. We propose a conceptual model of the relationship between companies and landscape services based on a demand for landscape benefits by companies, implications for wider society. We present a short overview of how scientists addressed the role of companies in landscape-inclusive solutions. We also give some examples taken from the World Wide Web to illustrate the variety of ways in which companies already invest in landscape services. Our findings suggest that the relationship between companies and landscapes is not yet strongly recognized in sustainability science. However, examples from practice show that some companies do recognize the added values of landscape services, to the extent that they invest in landscape management. We conclude that future research should provide information on the added value of landscape-inclusive solutions to companies, and increase their capacity to engage in regional social–ecological networks.

  8. BUSINESS INTELLIGENCE ADOPTION IN LARGE ROMANIAN COMPANIES

    OpenAIRE

    Flavia CAIA

    2014-01-01

    The economic conditions and market competition create pressures on companies to adopt new technologies that can provide more efficient information and can support decision-making better. The purpose of the research is to investigate the decision support information systems in order to apprise and enhance the capacity of the entities to apply the new knowledge that BI produces for organizational success and competitiveness. The importance of the conducted research consists in identifyi...

  9. A Study on the Cost-Effectiveness of a SemiAutomated Cutting Process at a Garment Manufacturing Company

    Directory of Open Access Journals (Sweden)

    Castro, Mark Daniel

    2017-11-01

    Full Text Available The subject of the study, Company X, has been experiencing variations in the quantity report from the cutting department and the transmittal reports. The management found that these processes are hugely affected by manual labor. To reduce the system's proneness to human error, the management decided to explore the possibility of adapting a semi-automated spreading and cutting process in the system. This research aims to evaluate the pre-sewing processes of Company X and whether introducing automation can be beneficial to the company and the garments industry. The researchers used process mapping tools, descriptive research, and process flowchart to assess the current and proposed systems, and engineering economics to evaluate the cost and benefits of implementing the semi-automated system. The results showed that with the implementation of the semi- automated system; the company will incur 66.61% more savings per year than the current system. In terms of cycle time, the semi-automated system eliminated the relaxation of fabric before the cutting process, thereby greatly reducing cycle time. In addition, the researchers found that as long as the company produce more than 4,140 pieces per day for the system will be economically feasible. Unquantifiable benefits are also identified on introducing the semi- automated system to the company. The company can have a cleaner work environment that will lead to more productivity and greater quality of goods. This will lead to a better company image that will encourage more customers to place job orders.

  10. 17 CFR 250.12 - Exemption of certain public utility companies from the definition of subsidiary companies of...

    Science.gov (United States)

    2010-04-01

    ... utility companies from the definition of subsidiary companies of holding companies. 250.12 Section 250.12... REGULATIONS, PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 Registration and General Exemptions § 250.12 Exemption of certain public utility companies from the definition of subsidiary companies of holding companies...

  11. Section 1: Company directory

    International Nuclear Information System (INIS)

    Anon.

    1991-01-01

    This is a 1992 directory of those companies doing business in all areas of the independent power producers industry. The listing includes the company name, address, telephone and FAX numbers, and the name of a company contact. The listing is international in scope

  12. Knowledge Management in a Competitive Scenario of an Information Technology Company

    Directory of Open Access Journals (Sweden)

    Denise de Cuffa

    2015-06-01

    Full Text Available This research aimed at proposing a knowledge management plan to increase competitiveness in an information technology company. It used qualitative methodology based on a study case, which analyzed the context of internal and external environments in which Intelitech Company operates. The data collection was divided into three steps: (1 application of a questionnaire to the manager and Intelitech employees, which was composed of knowledge management practices (KMPs, aiming at obtaining previous practices from the company and therefore internal critical variables; (2 application of Rojo’s (2005 scenario simulation model in order to identify external critical variables; and (3 formulation of a proposal for KMPs improvements according to simulated scenarios and the internal and external critical variables previously identified. So, this research resulted in the development of an action plan for two scenarios: (C1 case scenario to expansion of the market, therefore the company could hire new employees and expand its physical structure o, enhance IT tools and ask for manager's flexibility towards a new culture; and (C2 also to observe an unfavorable scenario of restricted market, it would be necessary to build customers loyal order to use IT tools, as well as interact and communicate with them. Thus, it was concluded and confirmed the hypothesis that knowledge management can enhance competitiveness of an IT company.

  13. (Dysfunctionality of accounting cost systems in manufacturing companies of Tuzla canton

    Directory of Open Access Journals (Sweden)

    Sado Puškarević

    2014-12-01

    Full Text Available This paper shows the results of the conducted primary survey on functionality of cost systems in manufacturing companies of Tuzla Canton (hereinafter “TC”. This paper assesses their adequacy to the needs of these companies: the present needs, and the ones that will be brought by the changes in the environment. These systems have to be up-to-date, as they influence the process of cost management, which is the key factor of companies’ adaptation to the conditions of a modern market. Cost management, which is based on the information of a cost system, enables the company to take the adequate stand towards customers on markets and toward their competition. Also, the quality cost information is a precondition for effective and efficient allocation of limited resources in a transitional period of society development. Therefore, only quality designed cost system in transitional economy will enable recovery, and then, growth and development of a company. This emphasizes the importance of research of the stated issues for transitional countries. The research results should also help to persuade the management about the need to modernize the operation organization, primarily the accounting function, mainly in the part of cost system organization. The determined defects, as well as deviances in relation to current needs for information about costs, are guidelines for an adequate process of redesigning cost systems in companies of transitional economy.

  14. Experiments, conceptual design, preliminary cost estimates and schedules for an underground research facility

    International Nuclear Information System (INIS)

    Korbin, G.; Wollenberg, H.; Wilson, C.; Strisower, B.; Chan, T.; Wedge, D.

    1981-09-01

    Plans for an underground research facility are presented, incorporating techniques to assess the hydrological and thermomechanical response of a rock mass to the introduction and long-term isolation of radioactive waste, and to assess the effects of excavation on the hydrologic integrity of a repository and its subsequent backfill, plugging, and sealing. The project is designed to utilize existing mine or civil works for access to experimental areas and is estimated to last 8 years at a total cost for contruction and operation of $39.0 million (1981 dollars). Performing the same experiments in an existing underground research facility would reduce the duration to 7-1/2 years and cost $27.7 million as a lower-bound estimate. These preliminary plans and estimates should be revised after specific sites are identified which would accommodate the facility

  15. Global gas company profiles

    International Nuclear Information System (INIS)

    1997-01-01

    This report provides a detailed assessment of 60 of the top gas companies form around the world, analysing them according to their internal dynamics and in relation to their competitors. It devotes each chapter to an individual company, providing invaluable insight into the organisation's operational background, financial performance and strategic goals. Using the most up-to-date information available, Global Gas Company Profiles allows you to make detailed analysis of each company's performance and future direction. (author)

  16. 77 FR 47115 - Manufacturer of Controlled Substances; Notice of Application; Cayman Chemical Company

    Science.gov (United States)

    2012-08-07

    ...)-propylthiophenethylamine I (7348). Marihuana (7360) I Tetrahydrocannabinols (7370) I Mescaline (7381) I 3,4,5... (1205) II The company plans to manufacture small quantities of marihuana derivatives for research purposes. In reference to drug code 7360 (Marihuana), the company plans to bulk manufacture cannabidiol. In...

  17. Supply chain planning and management method:the fruit purchasing company case

    Directory of Open Access Journals (Sweden)

    Julio Kyosen Nakatani

    2018-06-01

    Full Text Available Abstract On the world stage, Brazil is the third largest world fruit producer. However, purchasing fruit companies are suffering from the effects of fluctuations in production and demand, inefficiency in production and information trade, lack of understanding of the dynamics of supply and reduction in profitability for all members of the fruit production chain. The supply chain management has been touted as one of the ways to reduce this volatility and improve outcomes for all involved with the supply chain. However, results of recent researches do not relate it directly to the fruit industry. To solve this problem, the present research aimed to analyze the planning and management of the supply chain of a fruit purchasing company and identify contributions and improvements to the theories and methods related to supply chain management to propose a method for planning and management the supply chain of fruit purchasing companies. It was conducted a case study from a mango fruit purchasing company using interviews with industry experts to assess the applicability, functionality and usefulness from the managerial point of view of the proposed method. Data analysis was done through the cross analysis of the methods of the supply chain management and the description of the case. The results of the study allowed the development of a method for planning and management the supply chain of fruit purchasing company. With the proposition of this method is expected to contribute with a sequence of steps to assist in planning and management of supply chain managers and specialists from a fruit purchasing company.

  18. Are Entrepreneur-Led Companies Better? Evidence from Publicly Traded U.S. Companies: 1998-2010

    Directory of Open Access Journals (Sweden)

    Joel M. Shulman

    2010-12-01

    Full Text Available Do U.S. publicly-traded companies led by entrepreneurs perform better than nonentrepreneur-led U.S. public companies? Our data suggests they do. We analyze monthly stock returns of U.S. publicly traded companies over the time period 1998-2010 and find compelling evidence demonstrating that irrespective of market capitalization and time period, companies led by U.S. entrepreneurs provide better stock performance than several stock market indices primarily comprised of non-entrepreneur-led U.S. companies.

  19. Nonparametric decision tree: The impact of ISO 9000 on certified and non certified companies Nonparametric decision tree: The impact of ISO 9000 on certified and non certified companies Nonparametric decision tree: The impact of ISO 9000 on certified and non certified companies

    Directory of Open Access Journals (Sweden)

    Joaquín Texeira Quirós

    2013-09-01

    Full Text Available Purpose: This empirical study analyzes a questionnaire answered by a sample of ISO 9000 certified companies and a control sample of companies which have not been certified, using a multivariate predictive model. With this approach, we assess which quality practices are associated to the likelihood of the firm being certified. Design/methodology/approach: We implemented nonparametric decision trees, in order to see which variables influence more the fact that the company be certified or not, i.e., the motivations that lead companies to make sure. Findings: The results show that only four questionnaire items are sufficient to predict if a firm is certified or not. It is shown that companies in which the respondent manifests greater concern with respect to customers relations; motivations of the employees and strategic planning have higher likelihood of being certified. Research implications: the reader should note that this study is based on data from a single country and, of course, these results capture many idiosyncrasies if its economic and corporate environment. It would be of interest to understand if this type of analysis reveals some regularities across different countries. Practical implications: companies should look for a set of practices congruent with total quality management and ISO 9000 certified. Originality/value: This study contributes to the literature on the internal motivation of companies to achieve certification under the ISO 9000 standard, by performing a comparative analysis of questionnaires answered by a sample of certified companies and a control sample of companies which have not been certified. In particular, we assess how the manager’s perception on the intensity in which quality practices are deployed in their firms is associated to the likelihood of the firm being certified.Purpose: This empirical study analyzes a questionnaire answered by a sample of ISO 9000 certified companies and a control sample of companies

  20. Born global companies: A case study about the internationalization behaviours of Portuguese companies

    OpenAIRE

    Carlos, Diogo Miguel Pais Grou Simões

    2015-01-01

    Portuguese Born Global Companies have been performing an important role in the Portuguese market, mainly due to their innovative ideas and the positive contribution to exportations. This study focuses on the international strategies of four of these companies, comparing them with four international Non-Born Global Companies, in qualitative analysis. It will be possible to see a preference by the Non-Born Global Companies over proximate cultural countries. By following opportunities instead...

What is the term for the decision of the degree to which a company competes broadly or narrowly within geographic or customer segments?

market scope. The degree to which a company competes broadly or narrowly within geographic or customer segments. focused or narrow scope. A company that chooses to pursue a business-level strategy in which it targets a small geographic area or a limited group of customers who have particular needs.

What is the diagram that shows how a company's strategy is delivered by a set of supporting activities?

A strategy map is a diagram that shows your organization's strategy on a single page. It's great for quickly communicating big-picture objectives to everyone in the company.

What type of diversification results when there is some similarity of industry or value chain between a business and the company that it wishes to acquire?

Related diversification results from a merger or acquisition in which there is some similarity of industry and/or value chain between the corporation and the company it seeks to acquire.

What is a likely way for a company to successfully adopt an integrated low cost differentiation strategy?

The value chain. What is a likely way for a company to successfully adopt an integrated low cost/differentiation strategy? It can migrate from a pure low cost or differentiated position.