Henderson, Jason R.; Akridge, Jay T.; Dooley, Frank J.
In 2001, the dot.com bubble burst and U.S. e-commerce growth slowed. Slower e-commerce growth may signal changes in the use and perceptions of the Internet and e-commerce in agribusiness companies. Agribusiness firm managers were surveyed in 2004 to identify agribusiness use of the Internet and e-commerce and to solicit their perceptions about the Internet and e-commerce. The survey was developed from a similar survey conducted in 1999. In 2004, agribusiness firms were using e-commerce more w...
Onianwa, Okwudili O.; Wheelock, Gerald; Mojica, Maribel N.; Singh, Surendra P.
This study examines the profiles of agribusiness firms and the skills and experiences required for a career in Agribusiness field. Data for this study was generated through a mail survey administered to a total of 300 Agribusiness companies in Alabama. Results are generally consistent with previous studies and show that interpersonal skills, communication skills, ability to use general computer software, and business and economic skills are the most important skills for a successful career in...
Heyder, Matthias; Makus, Christian; Theuvsen, Ludwig
The ongoing internationalization of markets has become a major issue also for companies of the agribusiness. Nevertheless, neither the degree of internationalization of agribusiness firms nor the internationalization-performance relationship in the agribusiness sector have been analyzed thoroughly so far. To help fill this void, we use panel data compiled from annual reports and balance sheets to investigate the internationalization as well as the internationalization-performance relati...
Full Text Available The ongoing internationalization of markets has become a major issue also for companies of the agribusiness. Nevertheless, neither the degree of internationalization of agribusiness firms nor the internationalization-performance relationship in the agribusiness sector have been analyzed thoroughly so far. To help fill this void, we use panel data compiled from annual reports and balance sheets to investigate the internationalization as well as the internationalization-performance relationship of 21 leading European cooperatives in the dairy and meat sectors. Our results indicate that internationalization has a significant positive impact on firm performance.
Chux Gervase Iwu
Full Text Available To date there is hardly any empirical evidence in academic literature that branding, particularly brand promotion and brand image perception, plays any significant role in the performance of small-sized agribusiness, especially those in the Sub-Saharan (SSA region. This study was triggered by the need to fill this vacuum. Survey data were collected from small-sized agribusiness firms in one of the SSA economic ‘powerhouses’, which is Nigeria. Employing a contemporary research technique, specifically the Consistent Partial Least Square Structural Equation Modeling (denoted as PLSc, the study found that both brand promotion and brand image perception are instrumental for enhancing the organizational performance of small agribusinesses. In sum, the findings lend empirical support to the extant literature on brand promotion and brand image perception as precursors to the performance of firms regardless of a its size and business location. The implications of study, limitation and future research directions are further highlighted in the concluding section of the paper.
Welch, Mary A., Ed.
The steps for strategic market planning are discussed including: (1) assessing the situation with market conditions, customers, competitors, and your firm; and (2) crafting a strategy to prioritize target markets, develop a core strategy, and create a marketing mix. Examples of agribusiness successes are presented. The booklet concludes with a…
Hilgenberg, Gene; Huston, Jane
This curriculum guide is intended to assist persons teaching a course in employment in agribusiness. Addressed in the individual units of instruction are the following topics: employment information (training plans/agreements and wages, taxes, and fringe benefits); human relations (employer/employee/customer relations and communication skills);…
M.L. Schneider (Mindi); S. Sharma (Shefali)
markdownabstractEXECUTIVE SUMMARY Agriculture has helped fuel the “China miracle.” Since 1978, agricultural and food output has soared, Chinese agribusiness firms have become key players in domestic and international markets, and by all accounts, China has been highly successful in overcoming land
Pötz, Katharina Anna; Haas, Rainer; Balzarova, Michaela
of schemes that can be categorized on focus areas, scales, mechanisms, origins, types and commitment levels. Research limitations/implications – The findings contribute to conceptual and empirical research on existing models to compare and analyse CSR standards. Sampling technique and depth of analysis limit......Purpose – The rise of CSR followed a demand for CSR standards and guidelines. In a sector already characterized by a large number of standards, the authors seek to ask what CSR schemes apply to agribusiness, and how they can be systematically compared and analysed. Design....../methodology/approach – Following a deductive-inductive approach the authors develop a model to compare and analyse CSR schemes based on existing studies and on coding qualitative data on 216 CSR schemes. Findings – The authors confirm that CSR standards and guidelines have entered agribusiness and identify a complex landscape...
Cranberries , St. Petersburg, Russia Farmers Market, St. Petersburg, Russia Heineken Brewery, St. Petersburg, Russia Klinskoe Sun-Interbrew Brewery, Klin...advantage of cheap, secure water to produce crops during the depression and after World War II when jobs were scarce. Thus, although much of the west...They tend to produce a surplus of production, depressing prices, making it hard for small farmers Page 16 of 33Agribusiness Defined 8/10/04http
Full Text Available The idea of sustainable management has recently gained growing attention in the agribusiness sector. This is mainly due to a widespread discontent with the industrialization of agricultural production and food processing and growing public pressure on agribusiness firms to implement more sustainable management practices. In this paper we present the results of an explorative empirical study of sustainability management in German agribusiness firms. The study shows that agribusiness firms have developed a broad understanding of sustainability management and perceive a multi-facetted spectrum of societal demands they have to meet. The most important arguments for implementing more sustainable management practices are that companies have to make sure that they are trusted by society in the long run and that the perception of a company by external stakeholders has become more and more important. The companies surveyed know quite a number of sustainability programmes and standards, but the number of companies that actually participate in these initiatives is much smaller. Nonetheless, the majority of the respondents feels that their company is more successful with regard to sustainability management than industry average.
Decisions in the sales area, including customer and product selection and margin discipline, shape profits for companies in agribusiness. Management of the sales function takes place at the organizational, managerial, and practitioner level, each of which requires data about the process. Individual salespeople benefit from better knowledge of customers (Dixon & Adamson, 2011), and sales managers benefit from understanding the activities of salespeople. Organizationally, data on sales activiti...
Cristina Lelis Leal Calegario
Full Text Available Our study makes an analysis of American’ multinationals foreign market entry strategies in the European Union agribusiness context. We have used a logistic regression analysis using generalized estimating equation method to make hypothesis about the multinationals’ choices. Our results suggest that American food companies operating in EU appear not to choose their mode of entry based merely on host country factors, but mostly on firm related factors, including firm-specific factors and firm financial performance. Despite the creation of a common institutional framework for M&As in the EU, they are still subject to peculiarities due mostly to organizational characteristics of investing firms.
Agribusiness or agricultural franchising is quite new in India, though it is quite commonly used in other businesses like fast food, hotel and other service industries where service quality is crucial to maintain brand equity. There have been only a few experiments in this field in the recent past by some corporate agencies, both private and public. This paper locates the rationale for franchising in agribusiness from global literature and from the Indian smallholder agricultural context wher...
Larkner, Sebastian; Brenes Muñoz, Thelma; Aedo, Edinson Rivera; Brümmer, Bernhard
The Chilean economy is strongly export-oriented, which is also true for the Chilean agribusiness industry. This paper investigates the technical efficiency of the Chilean food processing industry between 2001 and 2007. We use a dataset from the 2,471 of firms in food processing industry. The observations are from the ‘Annual National Industrial Survey’. A stochastic meta-frontier approach is used in order to analyse the drivers of technical efficiency. We include variables capturing the effec...
Johnson, Michael; Malcolm, Bill; O'Connor, Ian
Investment in agribusiness assets has grown significantly in recent years. The question of interest is whether including agribusiness assets in investment portfolios provide benefits. The effects of diversification by including agribusiness assets in two investment portfolios, a mixed asset portfolio and a diversified share portfolio was investigated using Markowitzâ€™s (1952) Modern Portfolio Theory (MPT) of mean-variance optimization. To measure the performance of agribusiness assets, an in...
International Finance Corporation
This publication aims to fill existing gaps in the literature regarding women’s paid employment in agribusiness, especially with respect to emerging economies. Women workers’ contribution to agribusiness is neither fully understood nor fully valued. The majority of research on women’s participation in agribusiness in emerging economies focuses on small-holder farming contexts, rather than direct ...
Nijhoff, G.H.; Vugt, van S.M.
The Africa Agribusiness Academy (AAA) supports African SME agrifood companies in growing their business. An AAA member companies can enhance knowledge, skills and expertise, and get support in accessing finance and markets. By the end of 2014, AAA had 200 members in five countries: Tanzania, Kenya,
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.
Vincent Sabourin; Alpha Ayande
Agribusiness is projected to be a $ 2.9 trillion USD industry in global investment by 2030 (World Bank 2013). Nanotechnology is poised to impact dramatically on all sectors of agribusiness industry in the next 10 years. Nanotechnology could be used to enhance the possibilities of developing conventional and stranded agribusiness resources. Nanotechnology can make the industry considerably greener and competitive, with its current growth rate of 25% (US$ 1.08billion) annually. The opportunity ...
Jay Akridge; Mike Boehlje; Allan Gray; Aaron Reimer
While market segmentation and the associated idea of target marketing are not new, there are questions about how the strategy of market segmentation and target marketing is being used in retail agribusiness firms. Previous research has demonstrated that distinct groups of farmers/customers exist (Alexander). However, retail crop input firms tend to be of modest size and are geographically bound. Both lack of resources and confinement to a specific geographic market present challenges for succ...
This study compared changes in uptake of agri-business practices, productivity and wealth creation between dairy beneficiaries and non-beneficiaries of Contracted Extension Service Delivery Model (CESDM) implemented by Kenya Agricultural Productivity and Agribusiness Project (KAPAP) in selected counties of Kenya ...
Rodrigues Moreira, Vilmar; Kureski, Ricardo; Pereira da Veiga, Claudimar
This paper presents an economic assessment of Brazilian agribusiness and its relationship with other economic sectors. It was found that, in 2011, agribusiness had a share of 18.45% (basic prices) and 19.77% (market prices) of Brazilian GDP. The tax burden of agribusiness (20.68%) was higher than that of other sectors (13.59%), despite agribusiness being a major contributor to the generation of foreign exchange, employment, and essential products, such as food. Brazilian agribusiness is a major employer, responsible for 29.39% of national employment. However, its average income is lower than in the other sectors of the Brazilian economy. Finally, agribusiness was found to be the biggest generator of foreign exchange, with a positive balance of trade. It was possible to conclude that agribusiness forms a strong link between agriculture and livestock, industry, and services in other economic sectors. For this reason, it can be said that the development of agribusiness is highly relevant to the process of Brazilian economic development and is therefore important to the progress of economic policies.
Rodrigues Moreira, Vilmar; Kureski, Ricardo; Pereira da Veiga, Claudimar
This paper presents an economic assessment of Brazilian agribusiness and its relationship with other economic sectors. It was found that, in 2011, agribusiness had a share of 18.45% (basic prices) and 19.77% (market prices) of Brazilian GDP. The tax burden of agribusiness (20.68%) was higher than that of other sectors (13.59%), despite agribusiness being a major contributor to the generation of foreign exchange, employment, and essential products, such as food. Brazilian agribusiness is a major employer, responsible for 29.39% of national employment. However, its average income is lower than in the other sectors of the Brazilian economy. Finally, agribusiness was found to be the biggest generator of foreign exchange, with a positive balance of trade. It was possible to conclude that agribusiness forms a strong link between agriculture and livestock, industry, and services in other economic sectors. For this reason, it can be said that the development of agribusiness is highly relevant to the process of Brazilian economic development and is therefore important to the progress of economic policies. PMID:27243040
This paper examines access to rural banking credit by agribusiness investors and issues for policies in Ahiazu Mbaise local government area of Imo state. The work is important because the existence of limited access of agribusiness investors to formal rural banking credit and extension services is provided by extension ...
Vilmar Rodrigues Moreira
Full Text Available This paper presents an economic assessment of Brazilian agribusiness and its relationship with other economic sectors. It was found that, in 2011, agribusiness had a share of 18.45% (basic prices and 19.77% (market prices of Brazilian GDP. The tax burden of agribusiness (20.68% was higher than that of other sectors (13.59%, despite agribusiness being a major contributor to the generation of foreign exchange, employment, and essential products, such as food. Brazilian agribusiness is a major employer, responsible for 29.39% of national employment. However, its average income is lower than in the other sectors of the Brazilian economy. Finally, agribusiness was found to be the biggest generator of foreign exchange, with a positive balance of trade. It was possible to conclude that agribusiness forms a strong link between agriculture and livestock, industry, and services in other economic sectors. For this reason, it can be said that the development of agribusiness is highly relevant to the process of Brazilian economic development and is therefore important to the progress of economic policies.
Part 1 of the case will primarily be structured around the discussion of these practical application to the local agribusiness.* Part 2 will focus on business sdevelopment. In using the case in teaching, parts 1 and part 2 could be linked to two different days.
E M IGBOKWE
for agribusiness, the benefits of the use of mobile phones, and the challenges farmers face .... Considerable scholarly attention has been focused on the use of mobile telephony ... The questionnaire, which was divided into sections to elicit.
Strategic advertising for enhanced agri-business development in Abia State, Nigeria. ... Advertising, a high-intensity consumer information medium, facilitates the latter. It is against this background that ... AJOL African Journals Online. HOW TO ...
Boosting youth employment in agri-business ... economic importance and could provide jobs for women and youth while increasing food security. ... “The main challenge youth face is poor access to credit and extension services,” she says.
Wiese, Catharina Maria
Brand loyalty represents an important asset to any business. While a considerable amount of research focuses on brand loyalty, empirical tests on the brand loyalty influences in the agribusiness environment have not been conducted. The primary purpose of this study was to measure brand loyalty in the agribusiness environment by applying a validated model that measures brand loyalty for this environment. The brand loyalty influences were empirically validated, their reliability ...
Murcia Hector Horacio
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Several research efforts have coordinated the academic program of Agricultural Business Management from the University De La Salle (Bogota D.C., to the design and implementation of a sustainable agribusiness model applied to food development, with territorial projection. Rural development is considered as a process that aims to improve the current capacity and potential of the inhabitant of the sector, which refers not only to production levels and productivity of agricultural items. It takes into account the guidelines of the Organization of the United Nations “Millennium Development Goals” and considered the concept of sustainable food and agriculture development, including food security and nutrition in an integrated interdisciplinary context, with holistic and systemic dimension. Analysis is specified by a model with an emphasis on sustainable agribusiness production chains related to agricultural food items in a specific region. This model was correlated with farm (technical objectives, family (social purposes and community (collective orientations projects. Within this dimension are considered food development concepts and methodologies of Participatory Action Research (PAR. Finally, it addresses the need to link the results to low-income communities, within the concepts of the “new rurality”.
Paul T. M. Ingenbleek
Full Text Available In spite of much research on corporate social responsibility (CSR responses to secondary stakeholders (i.e., social movements, activists, media, civil society and non-governmental organizations, the debate on how companies learn from pressure and collaboration with these societal groups is still open. Building upon stakeholder and knowledge management theories, this paper analyzes how secondary stakeholder pressure and embeddedness influence agribusiness companies’ absorptive capacity and their CSR strategies. Data are obtained from 152 Dutch agribusiness company managers. The results highlight that, first, absorptive capacity influences companies’ new product innovation, product positioning and organizational innovation to be more oriented towards CSR. Second, stakeholder embeddedness of agribusiness companies triggers absorptive capacity more than pressure from them. Third, stakeholder pressure and embeddedness also have direct (i.e., not mediated by companies’ absorptive capacity yet weaker effects on CSR organizational innovation and product positioning. Findings corroborate the idea that firms develop innovative CSR strategies when they combine internal reflection processes and partnerships with secondary stakeholders.
Wright, Brielle Simone
It is projected that the majority population will become the minority population by 2050. In order to serve the needs of an ethnically diverse U.S. population, corporate agribusinesses are encouraged to employ an ethnically diverse workforce. The purpose of this research was to understand how attitudes, subjective norms, and perceived behavioral control in the workplace affects the intent of underrepresented groups to remain in working for their current corporate agribusiness. In current agr...
Kalogeras, N.; Baourakis, G.; Zopounidis, C.; Dijk, van G.
Food economists and financial researchers have long been preoccupied by the issue of evaluating the performance of agri-food firms. As the financial restructuring of the agri-business sector during the past two decades or so reflects sweeping changes that have occurred worldwide, questions have
Full Text Available The tendency of continuous compounding of business processes inevitably leads to application of increasingly complex instruments for the purposes of financial reporting in agribusiness. In this system the existential place and role of individual elements that alter the existing and acquire new functions comes into question. Balancing implies a regulated and consistent system in which every change leads to the creation of new relations and changing already established relationships. In this regard, in this paper we will focus on the place and role of tax balance in the group of special balances in agribusiness, as a very significant group of accounting instruments. Displaying information for users and situations in which they are used, balances gain their place in this classification. For the purposes of applying financial instruments, referring primarily to balances in agribusiness, it is necessary to know the way of their classification according to their functions. From this aspect, tax balance in agribusiness is a specific report, both in terms of its formal and material structure, which gives it the basis to belong to ordinary as well as special types of balances in agribusiness.
Full Text Available This study constructs a theory of eco-innovation in circular agri-business. Although previous studies have discussed eco-innovation in circular agri-business, they did not address eco-innovation from the perspective of a closed-loop sustainable supply chain. Hence, this study applied the fuzzy TOPSIS method to conduct the analysis and determine the interrelationship between eco-innovation and the closed-loop concept. The results are consistent with the theory and a significant improvement in terms of the decisive attributes. The findings suggest that improving water management, relationships with suppliers, knowledge sharing, environmental management systems, and new product and service development are the most effective and efficient ways to build eco-innovation in circular agri-business. The managerial and theoretical implications are discussed.
Grunert, Klaus G.; Weindlmaier, H.
Es besteht weitgehend Einigkeit darüber, dass sich das Agribusiness in einer Phase rascher Veränderungen befindet. Auch einige zentrale Elemente dieses Veränderungsprozesses sind weitgehend unstrittig: der fortschreitende Strukturwandel sowohl in der Primärproduktion als auch in der Weiterverarbe......Es besteht weitgehend Einigkeit darüber, dass sich das Agribusiness in einer Phase rascher Veränderungen befindet. Auch einige zentrale Elemente dieses Veränderungsprozesses sind weitgehend unstrittig: der fortschreitende Strukturwandel sowohl in der Primärproduktion als auch in der...
Pötz, Katharina Anna; Haas, Rainer; Balzarova, Michaela
Over the past 20 years the concept of Corporate Social Responsibility (CSR) has gained momentum in business practices and strategies. In the agribusiness sector, the need for CSR integration has recently triggered a number of private sector led initiatives that should contribute to sustainable...... we analyse the Sustainable Agriculture Initiative (SAI) platform and its principles. We conclude that over the past 5 years agribusiness corporations have become more pro-active in addressing sustainability concerns, and mainstream initiatives start to compete with the traditional niche markets...... development, we advise scholars, policy makers, and managers to not only address questions about legitimacy and stakeholder involvement, but also take strategic objectives into account....
Tiwang N Gildas
Full Text Available This paper aimed to assess the involvement of child labour in agribusinesses as well as the schooling pattern of children involved in these agribusinesses in Cameroon. For this study, some descriptive statistics and cross tabulations were computed using SPSS.20 and stata 13 software packages. The population of this study was made up of 51,190 individuals of both sexes that were concerned by the third Cameroon National Household Survey. The sample drawn from this population was constituted of individuals of age 5-17 years old, making a total of 17,550 children. The main results of this study revealed that agribusiness child labour was present everywhere in Cameroon and by both boys and girls. Children of all ages of the sample were concerned by the phenomenon and their level of education was essentially the primary. The impact of agribusiness child labour on education was positive because it helped the working and schooling children to provide means to finance their education and other needs. On the other hand, it has a negative impact on education because some children went for these jobs and finally stayed there and did not return back to school.
Belt, J.C.; Berkum, van S.; Roza, P.
Russia¿s economy is booming; that¿s no news. Certainly not for Dutch agribusiness, looking at the steady increase of Dutch exports and investments in Russia. Not only our bigger agro-industries are involved, also medium size companies have found their way to access a market of 143 million consumers.
Full Text Available Corporate governance in agribusiness describes an agency problem resulting from separation of ownership from control in modern corporations and represents a huge cost to the shareholders. The agency problem is regulated by legal protection of minority shareholders, by constituting the Board of Directors as a Supervisory authority to monitor managers and an active agribusiness market for corporate control in agribusiness (against hostile takeover. These mechanisms are regulated by regulations on securities (at the federal level, corporate law (at the state level, and the corporate statutes, regulations and other Contracting Rules (at the company level. These regulations, laws and decrees actually define distribution of power between shareholders and managers. Such techniques of defense against takeover can be beneficial to shareholders, if managers use them to strengthen the bargaining power and increase the selling price of an agribusiness company. However, if managers use it for preservation of position and for the achievement of personal interests these regulations do not contribute to the realization of shareholders' interests.
Originally designed to create small farms for individual Navajos, the irrigation project has grown into a single 110,000-acre corporate agribusiness, the land's management has fallen out of the grasp of individual Navajos, and the idea of subsistence farming has been plowed under for the planting of major money-making crops. (NQ)
Boehlje, M.; Roucan-Kane, M.; Bröring, S.
The global food and agribusiness industry is in the midst of major changes, and the pace of change seems to be increasing. These changes suggest three fundamental critical future issues for the sector: 1) decisions must be made in an environment of increasing risk and uncertainty, 2) developing and
The purpose of this thesis was to develop a basic static applied general equilibrium (AGE) model to analyse the effects of agricultural policy changes on Dutch agribusiness. In particular the effects on inter-industry transactions, factor demand, income, and trade are of
Bergevoet, R.H.M.; Engelen, A.
This study identifies opportunities for the Dutch agribusiness sector (industry as well as research and education) in Kenyan meat value chains at all levels. It can serve as a background document for Dutch agro-food business companies as well as other stakeholders. At the moment there is increased
This study investigated how farmers in Southwest Nigeria use mobile phones for agribusiness, the benefits of the use of mobile phones, and the challenges farmers face using the device. Driven by theory of information and communication technology for development, this study adopted survey and focus group discussion ...
Rivera Aedo, Edinson; Lakner, Sebastian; Brümmer, Bernhard
The reform-process towards a higher world-market orientation has a long tradition in Chile, with all its strengths and weaknesses. The food processing industry is highly competitive on the worldmarket. The following paper investigates the technical efficiency of the Chilean food processing industry between 2001 and 2007. We used a data-set from the 5,941 of firms in food processing industry. The observations are taken of the 'Annual National Industrial Survey'. The method of stochastic fronti...
D.B. Audretsch (David); P. Houweling (Patrick); A.R. Thurik (Roy)
textabstractRecent studies show that the likelihood of survival differs significantly across firms. Both firm and industry characteristics are hypothesized to account for this heterogenity. Using a longitudinal database of manufacturing firms we investigate whether firm or industry characteristics
Brown, William J.
The University of Saskatchewan (U of S) offers 2 courses in agribusiness planning where students form groups of 3 or 4 and prepare a complete business plan for an actual or planned agribusiness. Individuals or groups wishing to have a agribusiness plan completed can apply to the U of S and a student group will be assigned to their project. The components of a business plan includes the following sections; the executive summary, the introduction to the business being planned, the industry over...
Full Text Available With the increasing integration of the global economy and the complex challenges of the business environment it is becoming crucial to focus and gain a full understanding on the role of the value chains' structure and functioning. This particularly refers to the countries from the post-communist Europe and their transformation and progress achieved in marketization and democratization. The present paper is purposeful towards providing an overall framework for assessment of the different forms of network structures in the agricultural sector and to identify as well their capacity to counteract market restrictions, and to benefit form the opportunities of the agribusiness development. The methodological framework bases on the transaction costs economics and the 4C concept. The paper presents methodology at two stages, where results of expert assessment and evaluation at national and regional level led to selection of three case studies to be presented in certain sectors of agribusiness.
Arthur, L.M.; Kooten, G.C. Van.
Global warming is likely to result in increased agricultural output on the Canadian prairies. However, using input-output analysis, it is shown that the potential impact of global warming on agribusiness, while significant, is both uncertain and relatively small compared to the impact of government agricultural policies pertaining to the grain and livestock sectors. Furthermore, caution is required in deciding whether or not western Canada and prairie agribusinesses are net beneficiaries of a greenhouse effect because climate-induced changes in agricultural output elsewhere in the world still need to be taken into account. Most previous studies on American and European agriculture under the greenhouse effect predict reduced yields of current crops, which could mean improved markets for Canadian crops. 27 refs., 4 figs., 2 tabs
Full Text Available This study was aimed : (i to know the subsystem implementation and agribusiness planning in beef cattle fattening; (ii to count the profit of beef cattle farming; (iii to analyze the effect of agribusiness subsystem implementation and agribusiness planning to beef cattle fattening profit. This study was carried out using survey method and the elementary units were feedlot farmers. The sample was determined by Purposive Quota Sampling Method on 112 respondents spread across five regencies, namely Blora, Rembang, Grobogan, Wonogiri, and Boyolali. Data were collected from primary and secondary sources. The data analysis used quantitative descriptive and inferential statistics method, which include scoring, financial, and multiple linear regression analysis. The results showed that : (i the implementation of agribusiness subsystem (including preproduction subsystem, marketing, and agribusiness support services and agribusiness planning were not so good category, while the cattle farming subsystem was moderate category; (ii the average of farming scale in each feedlot farmer was 2.95 head of cattle with the profit rate was IDR 1,044,719 per fattening period during 6.68 months (equivalent to IDR 156,395 per month; (iii agribusiness subsystem and agribusiness planning had significant impact on feedlot farmer profit simultaneously, but preproduction subsystem and the agribusiness support services subsystem partially had a significant impact on feedlot farmer profit.
Mueller, Henrike; Theuvsen, Ludwig
Research has highlighted a growing gap between public perceptions of farming and the realities of modern agriculture and the food industry. A number of food scandals have exacerbated consumers’ critical perceptions of the agribusiness sector. This can threaten the reputation and legitimacy of companies. For this reason, companies in the food industry strive to meet the expectations of society in order to safeguard their future license to operate. One proactive means of doing this is for a fir...
Francisco Venegas Martínez
Full Text Available This paper develops a model of endogenous growth where the government acts as a promoting agent to boost technology in agribusiness. In the framework of a monetary economy, the optimal level of government spending to enhance technology in the agricultural industry is characterized. Moreover the impact of such a spending on economic welfare is assessed. Finally, a number of agro-oriented policies to increase growth in the sector are established.
Full Text Available Agribusiness is projected to be a $ 2.9 trillion USD industry in global investment by 2030 (World Bank 2013. Nanotechnology is poised to impact dramatically on all sectors of agribusiness industry in the next 10 years. Nanotechnology could be used to enhance the possibilities of developing conventional and stranded agribusiness resources. Nanotechnology can make the industry considerably greener and competitive, with its current growth rate of 25% (US$ 1.08billion annually. The opportunity for application of nanotechnology in agricul¬ture is prodigious. Nanotechnology, focusing on special properties of materials emerging from nanometric size has the potential to revolutionize the agricultural and food sectors, biomedicine, environmental engineering, safety and security, water resources, energy conversion, and numerous other areas. It is well recognized that adoption of new technology is crucial in accu-mulation of global wealth and market value which now stand at US$ 1.09 trillion in estimated value. Nanotechnology has emerged as a technological advancement that could develop and transform the entire agri-food sector, with the potential to increase agricultural productivity, food security and economic growth for industries by atleast 30% (Aver. US$0.9 trillion. This review set out to address the implications of nanotechnology for the agri-food industry by examining the potential benefits, risks and opportunities.
Ortega, María Isabel; Sabo, Samantha; Aranda Gallegos, Patricia; De Zapien, Jill Eileen Guernsey; Zapien, Antonio; Portillo Abril, Gloria Elena; Rosales, Cecilia
Living conditions and health of migrant farmworkers could benefit from a health promotion model based on corporate social responsibility (CSR). To understand how Mexican agribusiness owners and general managers view and practice CSR. We interviewed 8 agribusiness owners/managers and 233 farmworkers using open-ended interviews and gathered anthropometrical data of 133 children from farmworkers families. To guide our analysis and discussion, we followed the two-dimension model of CSR proposed by Quazi and O'Brien. According to interviewee responses, mean percentage of agreement with CSR concept was 77.4%, with a range of 54-85.7%. Main health-related issues among farmworkers were infectious diseases, crowding, and access to health-care services; there were acute cases of undernutrition among farmworkers' children and diets were of poor quality. Agribusiness owners and managers understand and practice CSR according to a wide and modern view, which contradicts with farmworkers' living conditions and health. Quazi and O'Brien model should consider the social context, in which it is analyzed, and the social manifestations of community development as a tool for further analysis on the perceptions and actions of entrepreneurs.
Full Text Available After the recent financial crisis the need for unchallenged tools evaluating the financial health of enterprises has even arisen. Apart from well-known techniques such as Z-score and logit models, a new approaches were suggested, namely the data envelopment analysis (DEA reformulation for bankruptcy prediction and production function-based economic performance evaluation (PFEP. Being recently suggested, these techniques have not yet been validated for common use in financial sector, although as for DEA approach some introductory studies are available for manufacturing and IT industry. In this contribution we focus on the thorough validation calculations that evaluate these techniques for the specific agribusiness industry. To keep the data as homogeneous as possible we limit the choice of agribusiness companies onto the area of the countries of Visegrad Group. The extensive data set covering several hundreds of enterprises were collected employing the database Amadeus of Bureau van Dijk. We present the validation results for each of the four mentioned methods, outline the strengths and weaknesses of each approach and discuss the valid suggestions for the effective detection of financial problems in the specific branch of agribusiness.
Full Text Available Science and technology entrepreneurship programe (IBK used to improve the UKBM (Entreprenurship Brahma Mandiri United. This method is done by recruited 20 tenants of students and alumni of the Brahmaputra Husbandry Academy. The participants of the training are lectures, practice and visit to poultry agribusiness industry. After that they are required to make a business plan and presented. participans who do not feel sufficient skill in the field of business planned advised to practice at a poultry industry. Students who have been awarded funding ready tried stimulant. Poultry Agribusiness Entrepreneurship training results 18 business plans in the field of poultry feasible and funded stimulant, although the majority did not carry out an internship therefore already have enough skill results from practice some lectures and PKM. Performance tenant IBK with Poultry Agribusiness is the activity for training the average attendance 76 percent the ability to create a business plan 90 percent, quality of products produced average has not reached maximum quality and sustainability efforts are 12 tenant-up (60 percent and six tenant stops
Cláudio Pinheiro Machado Filho
Full Text Available Abstract The rural production in Brazil has experienced a significant competitive impact with the stabilization of the economy promoted by the Real Plan in 1994. Indeed, the Brazilian agriculture has achieved efficiency gains in terms of technology, economies of scale and general modernization of the activity in the field. In this context, the professional management of rural production evolved. However, the governance process does not evolve in the same dimension, and the “governance risk” is still poorly addressed in the rural environment, which often limits the potential of operations. In this study, we sought to deepen the understanding of the factors that impact the implementation of governance practices in rural properties in Brazil. Based on a convenience and non-probability sample, this study seeks to understand the evolution of the governance process on farms and its correlation with the management practices. This study found a correlation between the existence of some formal management processes (for example, strategic planning and more robust accounting systems and advances in the governance mechanisms and processes, such as the establishment of a board of directors, clearer rules regarding the separation between corporate and family assets and more transparency in income statements. This study also found a lack of clarity in the separation of return on capital (dividend and compensation for work (compensation for services provided for partners, heirs and other family members. In summary, we concluded that there is the adoption of some governance mechanisms in the rural sector, but they are still poorly developed among rural producers, hence the need to stimulate them.
João Paulo Fernandes Santos
Full Text Available This paper aims to analyze the influence of Instruction 30 (IN30 which includes registration and labeling of food for pets, from the point of view of interpretation, assimilation and its possible impacts on agents that comprise the pet food Agribusiness System (SAG. Were interviewed institutions, represented by two major agencies: The Ministry of Agriculture, and Livestock (MAPA and the Brazilian Association of the Industry of Products for Pets (ABINPET; manufacturing firms; research centers based at Universities, retailers and owners of dogs and cats, totalizing five samples. It was observed that the institutions, the researchers and manufacturers consider the IN30 as an initiative of great importance by bringing self-control and self-regulation of the SAG, besides contemplating the desire of firms regarding agility in launching new technologies. However, the main concern of the researchers was related to quality assurance of food. Firms show up unssatisfied with the lack of consensus on the interpretation of some articles of IN30 by MAPA´s enforcement agents, with discrepancies between regional and the technical managers of companies, especially regarding labeling. Already retailers and owners of pets still seem unaware of the legal aspects of such normative.
Full Text Available The study aimed to analyze the implementation of subsystem agribusiness on the beef cattlefarming in Central Java. Five districts (Rembang, Blora, Grobogan, Boyolali and Wonogiri werepurposively chosen based on the value of Location Quotient (LQ. The study was conducted usingquota sampling method. Forty respondents of each district were chosen randomly using quota sampling.Data were analyzed through Structural Equation Model (SEM. The results showed that each subsystemagribusiness had adequate potential score. The score of 0.693, 0.721, 0.684, 0.626, and 0.691 were givenfor up-stream subsystem, on-farm, down-stream subsystem, marketing and supporting institution,respectively. The results showed that the SEM model was feasible with Chi-Square value=0.952;RMSEA=0.000; Probability =0.621 and TL1=1.126. The significant results of Critical Ratio (CR were:up-stream subsystem to the on-farm agribusiness; on-farm subsystem to down-stream agribusiness;down-stream subsystem to the farmer’s income; marketing subsystem to the up-stream agribusiness andSupporting Institution to the marketing subsystem and down-stream agribusiness. The conclusion ofresearch indicated that the implementation of beef cattle subsystem agribusiness had adequate index andgive positive effect to the beef cattle agribusiness.
House, Lisa; Sterns, James A.
This document contains the PowerPoint presentation given by the authors at the 2002 WCC-72 meetings, regarding what agricultural economics Ph.D students are learning about agribusiness research methods and subject areas.
Keywords: contract farming, agribusiness, Philippines, Southeast Asia, asparagus, hybrid maize
Contract farming is a widespread and important tool for organising agricultural production in line with corporate strategies and market demands. This book analyses how Philippine farmers
This research aims to: (1) Analyze the level of socio-cultural dynamics of agibusiness aquaculture actors. (2) Analyze the influence of socio-cultural dynamics on convergence communication of capacity development of aquaculture agribusiness actors.Data was collected by questionnaire and interview of group members on agribusiness. Data analyze was done by descriptive and inferential statistics with using SEM method. The result of descriptive statistics on 284 agribusiness members showed that: Socio-cultural dynamics of agibusiness aquaculture actors was in low category, as shown by lack of the role of customary institutions and quality of local leadership.The communication convergence is significantly and positively influenced by the communication behavior of agribusiness actors in access information.
Full Text Available Micro, small and medium business units contribute to development of agribusiness only if adequate financial resources for founding and development are given. This paper analyzes the possibilities of financing micro, small and medium legal entities in agribusiness in Serbia, compared to large enterprises. Empirical research included a survey comprising 119 agribusiness units, grouped into three categories dependent on their size. The aim was to confirm that there are substantial differences between units of different sizes, concerning possibilities of accessing bank loans and concerning the process of evaluation of conditions for credit approval. Also, aim was to determine differences between the uses of necessary key economic measures in agribusiness. Results showed significant differences between each group of business units for the majority of the observed parameters. Consequently the small and medium-sized enterprises (SMEs sector and especially entrepreneurs and farmers (micro units only have limited access to financial resources and more financing costs compared to large enterprises.
Helton C. Gomes
Full Text Available The goal of this work is propose an efficient storage scheme for a company in the agribusiness sector. The company studied herein is located in the Alto Paranaíba region of Minas Gerais, and exports coffee beans. Efficient storage can provide improvements in the use of space, operational resources, and staff time, as well as facilitating the order picking process. To accomplish this, the problem was mathematically modeled as a Storage Location Assignment Problem (SLAP, aimed at minimizing handling costs and maximizing space utilization and storage efficiency. The mathematical model using the company data was solved using the CPLEX solver, version 12.1. The results obtained were compared with the actual company scenario, and several advantages were observed.
Keywords: contract farming, agribusiness, Philippines, Southeast Asia, asparagus, hybrid maize
Contract farming is a widespread and important tool for organising agricultural production in line with corporate strategies and market demands. This book analyses how Philippine farmers and transnational agribusiness make contract farming work in two production schemes in Mindanao: the export-oriented production of high-value asparagus and the risky production of hybrid maize see...
Guilhoto, Joaquim José Martins; Camargo, Fernanda Sartori de
The agricultural sector has great importance in the socio-economic development. Its development throughout history has enabled the emergence of other activities and therefore new jobs. Furthermore, the importance of the agribusiness can be evidence for its share of about 30% in the total Brazilian GDP and its importance in generating jobs. To study this sector in more detail, the agricultural sector was broken down into two sectors: Familiar and Non-Familiar Agriculture Agribusiness. The goal...
Oliveira, Leonel Gois Lima; Ipiranga, Ana Sílvia Rocha
The state of Ceará is the major Brazilian cashew producer and highlights the social and economical feature of its agribusiness, capable of generating wealth and assisting in people's settlement in the countryside. Despite the support of several organizations which compose the local innovation system, seeking generation, adaptation and diffusion of innovations, the productive chain of cashew agribusiness lacks of innovations. In that context, it is assumed that the "sustainable innovation" wou...
Lindstedt, Dianne M.; Holmes, Joseph C.
Litter along Lousiana's beaches has become a well-recognized problem. In September 1987, Louisiana's first statewide beach cleanup attracted about 3300 volunteers who filled 16,000 bags with trash collected along 15 beaches. An estimated 800,173 items were gathered. Forty percent of the items were made of plastic and 11% were of polystyrene. Of all the litter collected, 37% was beverage-related. Litter from the oil and gas, commercial fishing, and maritime shipping industries was found, as well as that left by recreational users. Although beach cleanups temporarily rid Louisiana beaches of litter, the real value of the effort is in public participation and education. Civic groups, school children, and individuals have benefited by increasing their awareness of the problems of trash disposal.
Full Text Available This study was aimed : (i to know the subsystem implementation and agribusiness planning inbeef cattle fattening; (ii to count the profit of beef cattle farming; (iii to analyze the effect ofagribusiness subsystem implementation and agribusiness planning to beef cattle fattening profit. Thisstudy was carried out using survey method and the elementary units were feedlot farmers. The samplewas determined by Purposive Quota Sampling Method on 112 respondents spread across five regencies,namely Blora, Rembang, Grobogan, Wonogiri, and Boyolali. Data were collected from primary andsecondary sources. The data analysis used quantitative descriptive and inferential statistics method,which include scoring, financial, and multiple linear regression analysis. The results showed that : (i theimplementation of agribusiness subsystem (including preproduction subsystem, marketing, andagribusiness support services and agribusiness planning were not so good category, while the cattlefarming subsystem was moderate category; (ii the average of farming scale in each feedlot farmer was2.95 head of cattle with the profit rate was IDR 1,044,719 per fattening period during 6.68 months(equivalent to IDR 156,395 per month; (iii agribusiness subsystem and agribusiness planning hadsignificant impact on feedlot farmer profit simultaneously, but preproduction subsystem and theagribusiness support services subsystem partially had a significant impact on feedlot farmer profit.
The agribusiness is an emerging sector in Indonesia and its potential needs to be fully explored. Its development can contribute to a development of regions or correct the discrepancy in welfare benefits between groups and regions. The development of small agribusiness is important and strategic. There are more than 32 million small agribusinesses with their working capital less than Rp. 2 billion per year. In Indonesia, out of this 90 percent (about 21.30 million business units) are household businesses which run business in the agriculture sector. The aim of this study is to identify the contributions of small agribusiness to regional development in Sumatera Utara. The method that used in this study is quantitative approach by using survey and case studies through an in-depth interview. The result shows that small agribusinesses do contribute significantly towards regional development in Sumatera Utara. This study found that annual business turnover significantly contributes toward regional development. The main contribution of small agribusinesses is in the utilization of labor force and local tax revenues.
Junkin, William J., Jr.; Faser, Patricia F.
Louisiana, like other agricultural states, has long known the cyclic demand for large numbers of seasonal farm workers. These migrant workers are being replaced by machines, except during harvesting of crops which resist mechanization (e.g., strawberries). Families migrate to Louisiana to pick berries. Due to this influx of educatables, the local…
Boone, Jan; Schottmuller, C.
We analyze optimal procurement mechanisms when firms are specialized. The procurement agency has incomplete information concerning the firms' cost functions and values high quality as well as low price. Lower type firms are cheaper (more expensive) than higher type firms when providing low (high)
Chongvilaivan, Aekapol; Jinjarak, Yothin
The scale dependence in firm growth (smaller firms grow faster) is systematically reflected in the size distribution. This paper studies whether taxes affect the equilibrium firm size distribution in a cross-country context. The main finding is that the empirical association between firm growth and corporate tax (VAT) is positive (negative), with notable differences in the response of manufacturing firms and that of the others. We draw implications for recent debate on the impact of taxes and...
Malchow-Møller, Nikolaj; Markusen, James R.; Schjerning, Bertel
to the firm?s productivity. Foreign-owned firms have, on average, higher productivity in equilibrium due to entry costs, which means that low-productivity foreign firms cannot enter. Foreign firms have higher wage growth and, with some exceptions, pay higher average wages, but not when compared to similarly...... large domestic firms. The empirical implications of the model are tested on matched employer-employee data from Denmark. Consistent with the theory, we find considerable evidence of higher wages and wage growth in large and/or foreign-owned firms. These effects survive controlling for individual...... characteristics, but, as expected, are reduced significantly when controlling for unobservable firm heterogeneity. Furthermore, acquired skills in foreign-owned and large firms appear to be transferable to both subsequent wage work and self-employment...
Dewie Tri Wijayati
Full Text Available Facing the implementation of ASEAN Economic Community (AEC at the end of 2015 requires strategic measures to make Indonesia ready to compete with other nations in ASEAN. East Java Province has great potentials and contributions in the national agribusiness. Establishing agribusiness in East Java towards increased competitiveness is the right step to welcome AEC 2015. This research attempts to study the appropriate model of agribusiness development strategy for East Java. The selection of strategy model is expected to prepare a strong and competitive economy in East Java. Through three principles of data analysis model of Miles and Huberman with the emphasis on data collection, data display, and verification, this study also used a variety of data collection techniques and verifications such as Focus Group Discussion (FGD, observation, and others. This research was conducted in four regions as the focus of the study area: Probolinggo District, Sidoarjo District, Pasuruan District and the City of Batu. The results provide the following conclusions: (a the agribusiness development strategy in East Java should be done with the target approach. This means that the introduction to the target is the most important factors to determine the strategy to be implemented; (b the role of the government is highly important and strategic in developing agribusiness in East Java. These can be implemented through a variety of program models that are tailored to the target.
Spaulding, S.R.; Stevens, T.
Deepwater exploration and production activity in the Gulf of Mexico has given new life to the natural gas business in South Louisiana. Natural gas liquids (NGL) supply is expected to dramatically increase in South Louisiana with these deepwater discoveries. The natural gas and natural gas liquids industry is responding to these forecasts of substantially higher volumes of liquids with expansions, new construction and speculation to the effects on the NGL market. Texaco's solution for the forecasted changes in the NGL business is the TENDS project. This project expands Texaco's Bridgeline NGL distribution system into a pipeline network to distribute natural gas liquids from supply sources to markets across South Louisiana
Landsford, R.R.; Abernathy, G.H.; Gollehon, N.R.
An evaluation is presented of the direct heat utilization from geothermal resources for agribusiness uses in the Animas Valley, Southwestern New Mexico. The analysis includes an evaluation of the groundwater and geothermal resources in the Animas Valley, monitoring of an existing geothermal greenhouse, and evaluation of two potential agribusiness applications of geothermal waters (greenhouses and meat precooking).
Dentoni, D.; Ross, R.
Part Two of our Special Issue on wicked problems in agribusiness, “Towards a Theory of Managing Wicked Problems through Multi-Stakeholder Engagements: Evidence from the Agribusiness Sector,” will contribute to four open questions in the broader fields of management and policy: why, when, which and
National Oceanic and Atmospheric Administration, Department of Commerce — This data set contains the state maintained primary and secondary road network of Louisiana. Vector lines in the data set represent Interstates, U.S. Highways, and...
National Oceanic and Atmospheric Administration, Department of Commerce — We sampled experimental research areas in the Barataria Basin of Louisiana during March and May, 1995, to examine the effects of structural marsh management on...
National Oceanic and Atmospheric Administration, Department of Commerce — This data set contains sensitive biological resource data for waterfowl species and shorebirds in coastal Louisiana. Vector polygons in this data set represent...
National Oceanic and Atmospheric Administration, Department of Commerce — This data set contains sensitive biological resource data for seabird and wading bird nesting colonies in coastal Louisiana. Vector points in this data set represent...
National Oceanic and Atmospheric Administration, Department of Commerce — This data set contains sensitive biological resource data for freshwater (inland) fish species in coastal Louisiana. Vector polygons represent water-bodies and other...
The dissertation examines corporate performance and capital structure of family firms, contributing to the limited empirical research on family firms. Family firms are prevalent in national economies all over the world. It is the prevalence that makes family firms receive increasing attentions from academia. The dissertation consists of an introduction and three chapters. Each chapter is an independent paper. The first chapter is a joint work with Professor Morten Bennedsen and...
Lin, Chih-Cheng; Ma, Zheng; Tanev, Stoyan
It is crucial for the manufacturing SMEs to reconsider their business strategy in order to be able to launch customer-centric solutions. This ability is associated with a paradigm shift from a product-orientation to service-orientation. One of the major challenges to success in transforming...... a traditional manufacturing firm to service-oriented firms is the conspicuous lack of publications in this research stream. Applying a case study research approach, this study explores the transformation model for manufacturing SMEs to servitisation firms by adopting a network approach, and reveals...
Hashemi, Seyyed Mahmoud; Hedjazi, Yousef
This paper presents work to identify factors affecting effectiveness of agri-business ventures (A-BVs) on the side of providers as perceived by their members. A survey was conducted among 95 members of A-BVs in Zanjan province, Iran. To collect data, a questionnaire was designed. Two distinct groups of A-BVs with low (group 1) and high (group 2) perceived (evaluated) levels of effectiveness were revealed. The study showed that there were significant differences between the two groups on important characteristics of A-BVs and their members. The study also found that there were statistically significant relationships between A-BVs' governance structure and capacity, management and organization characteristics and the perceived effectiveness, whereas there were no statistically significant relationships between A-BVs' advisory methods characteristic applied by members and the perceived effectiveness. Logistic regression results also showed that level of application of rules encouraging members' active participation in important decision makings, clear terms of reference to guide contracting procedures, roles, and responsibilities of parties involved, type of people served and geographical area of program coverage, and members' ability to use Information and Communication Technologies (ICTs) were predictors of the perceived (evaluated) effectiveness of A-BVs. The study showed that evaluation of members of effectiveness of A-BVs would not be the same. It is suggested that Iranian public agricultural extension organization, as responsible organization for monitoring and evaluating services conducted by A-BVs, considered these differences between members with different levels of some important variables. 2010 Elsevier Ltd. All rights reserved.
Full Text Available By means of quantitative and qualitative research the doctoral dissertation has attained methodical insights into competences and usage levels of new technologies for marketing purposes in agri-businesses in the Republic of Croatia. The results and observations provided in the thesis indicate that swift action is required in order to improve the current situation and prepare farmers for forthcoming changes. In biotechnical sciences there is a need for continuous updating, research and control of interdependent processes and complex relations, which in turn creates a need for a unified system of knowledge dissemination. In order to manage a set of information arising from such processes, it is necessary to have a system that will allow us to store and transfer the acquired knowledge in a safe and simple way in real time, ensuring completeness of information. In today’s world, the key role in this process is to be played by information and communication technologies (ICT encompassing the use of computers and communication technologies, as well as technologies for information management and transfer. Together with other ICT, the Internet is a resource that can bridge the gap between professionals of different expertise on one hand and people living in rural areas and farmers on the other, as it provides a platform for interaction and dialogue. Furthermore, ICT can foster new cooperation and networking through inter-sectoral contacts between government institutions, different support agencies and farmers. The efforts to implement ICT in the agricultural sector are held back by a range of limiting factors, such as: the necessity to reconstruct the sector itself, required investments in new communication systems and adjunct platforms, low levels of computer literacy among farmers, insufficient infrastructure, etc. Taking all this into account, it is obvious that the Internet and modern technologies can be drivers of positive change in agriculture
Madsen, Erik Strøjer; Smith, Valdemar; Nielsen, Anders Østergaard
Most countries focus on industries with high technology and the governments grant subsidies to innovating firms. However, there has been remarkable few studies of the performance of innovative firms or industries. This study examines the performance of patent active firms compared to the non-patenting...... firms within the manufacturing sector in Denmark. Performance is measured both by growth in employment as well as in the return on equity and profit share in turnover. The results suggest that differences in performance of patenting and non-patenting firms are very small, which questions the political...
Luiz Gustavo A. de Souza
Full Text Available The article analyzes the agribusiness cluster of the metropolitan area of Londrina. The main products of the productive chains inserted in this healthy group: corn, soy, wheat, coffee, rice, cotton, bean, grape, milk, cane and orange.. The adopted methodological procedures involve the characterization of the field research accomplished by ADETEC in 2002 to identify the technological strategies of the companies in what refers to product and process of the agribusiness section of the companies. 29 companies were interviewed by convenience. The classification of the size of the companies was made by the revenue and numbers of employees of the firms. The questionnaire of ADETEC has 13 groups of subjects of quantitative and qualitative character. Factorial analysis was used to identify the existence of different behoaviour patterns and they were identified 4 clusters of companies. , according to strategies adopted by smalls, medium and big companies. Among the main results of the research they stand out the technical cooperation degree - scientific of 38% the cooperation with research institutions, for improvement of the product, it can be observed that larger part of the companies doesn’t possess this activity type, however the number of companies that possess is significant. It was also possible to identify statistically the difference between big/medium strategies and small companies. The results allow to ADETEC to formulate specific politics for big/medium and for small businesses of the agribusiness cluster of the metropolitan area of Londrina.O artigo analisa o cluster agroalimentar da região metropolitana de Londrina. Os principais produtos das cadeias produtivas inseridas neste conjunto são: milho, soja, trigo, café, arroz, algodão, feijão, uva, leite, cana e laranja.. Os procedimentos metodológicos adotados envolvem a caracterização da pesquisa de campo realizada pela ADETEC em 2002 para identificar as estratégias tecnol
Oude Lansink, A.G.J.M.; Silva, E.; Stefanou, S.
Intra-firm efficiency involves computing a particular firm's efficiency degree over time relative to the firm-specific production frontier. Inter-firm efficiency reveals a particular firm's performance over time relative to the ``best practice frontier'' among the set of comparable firms. These
Louisiana Geographic Information Center — This is a graphical polygon dataset depicting the zoning boundaries of the East Baton Rouge Parish of the State of Louisiana. Zoning can be defined as the range of...
Louisianas CVO / ITS Business Plan provides a long-term strategic vision and implementation program for meeting Louisianas Commercial Vehicle Operations / Intelligent Transportation Systems (CVO / ITS) needs. Commercial Vehicle Operations - CVO...
Hamilton, William H.; Walker, Leon
The analysis of the data from an 84.2 percent questionnaire response by Indiana extension agents and agribusiness teachers provides 12 conclusions regarding their competency needs and five recommendations regarding inservice teacher training and courses needed in the areas of entomology. (BP)
Pokharel, Siroj; Marcy, Joseph E.; Neilan, Angela M.; Cutter, Catherine N.
This study addresses the development, dissemination, and assessment of a Food Safety System Management (FSSM) curriculum offered to college-aged, agribusiness students in Yerevan, Armenia. Prior to beginning the program, demographic data were collected and a paper-based pretest was administered to access the food safety knowledge, behavior, and…
Full Text Available This study aimed at investigating the impact of value-added tax on corporate financial performance of quoted companies. To achieve this purpose, we developed some hypotheses and critically reviewed existing theoretical and empirical literatures. Agribusinesses quoted in the Nigerian Stock Exchange Factbook of 2009 were considered as the population for this study. The population elements include the General Managers, Chief Accountants, Finance Managers, Chief Internal Auditors, External Auditors, and Tax Administrators of the selected companies. A total of forty (42 respondents were considered for this study. A well structured questionnaire designed in five-point Likert Scale was administered on the respondents to elicit their responses. The data generated for this study were presented in tabular form and analyzed using frequencies and simple percentages while the stated hypotheses were statistically tested with the simple regression analysis and the t-test. Our findings indicated that Value-Added Tax (VAT impacted negatively on the financial performance of agribusinesses though the impact is of insignificant value. Based on our findings, we recommended that agribusinesses should endeavour to keep appropriate source documents of all transactions for efficient VAT operations and that the governments should ensure that proper tax incentive scheme is designed and fully implemented to promote the growth of agribusinesses, in Nigeria.
Kenneth R Troske; William J Carrington
This paper studies interfirm gender segregation in a unique sample of small employers. We focus on small firms because previous research on interfirm segregation has studied only large firms and because it is easier to link the demographic characteristics of employers and employees in small firms. This latter feature permits an assessment of the role of employer discrimination in creating gender segregation. Our first finding is that interfirm segregation is prevalent among small employers. I...
Zambrano, Eduardo; Hernando, Alberto; Hernando, Ricardo; Plastino, Angelo
The distribution of firms' growth and firms' sizes is a topic under intense scrutiny. In this paper, we show that a thermodynamic model based on the maximum entropy principle, with dynamical prior information, can be constructed that adequately describes the dynamics and distribution of firms' growth. Our theoretical framework is tested against a comprehensive database of Spanish firms, which covers, to a very large extent, Spain's economic activity, with a total of 1 155 142 firms evolving along a full decade. We show that the empirical exponent of Pareto's law, a rule often observed in the rank distribution of large-size firms, is explained by the capacity of economic system for creating/destroying firms, and that can be used to measure the health of a capitalist-based economy. Indeed, our model predicts that when the exponent is larger than 1, creation of firms is favoured; when it is smaller than 1, destruction of firms is favoured instead; and when it equals 1 (matching Zipf's law), the system is in a full macroeconomic equilibrium, entailing ‘free’ creation and/or destruction of firms. For medium and smaller firm sizes, the dynamical regime changes, the whole distribution can no longer be fitted to a single simple analytical form and numerical prediction is required. Our model constitutes the basis for a full predictive framework regarding the economic evolution of an ensemble of firms. Such a structure can be potentially used to develop simulations and test hypothetical scenarios, such as economic crisis or the response to specific policy measures. PMID:26510828
Elizabeth M.M.Q. Farina
Full Text Available A competitividade ganhou o lugar de destaque nos debates sobre política industrial dos anos 80 e 90. Este artigo retoma a discussão sobre o conceito de competitividade, aplicando-o a sistemas agroindustriais. São discutidos os pressupostos necessários para estender o conceito da firma para sistemas e suas limitações. Sistemas agroindustriais são definidos como nexos de contratos que viabilizam as estratégias adotadas pelos diferentes agentes econômicos envolvidos nas várias dimensões do agronegócio. A abordagem contratual permite introduzir explicitamente a coordenação intersegmentos como um dos fatores determinantes da competitividade. A Economia dos Custos de Transação e a Teoria da Organização Industrial fornecem o arcabouço analítico para desenvolvimento da análise.Competitiveness has been in the lime light of the recent industrial policy debate. This article continues with the discussion about the concept of competitiveness applying it an agroindustrial systems. The concept, however, is far from a consensus and has been applied rather fuzzily from firms to nations. The paper applies the concept to agribusiness systems emphasizing the required assumptions and limits of the extended concept. Agribusiness system is defined as a contractual nexus among the economic agents who are involved in the production, transformation and distribution of agricultural products. The contractual approach allows to introduce explicitly the coordination of “inter-segments” as one of the factors f competitiveness. The Transaction Cost Economics and Industrial Organization Theory provide the theoretical framework of the paper.
Didier Brandao,Tatiana; Levine,Ross Eric; Schmukler,Sergio L.
How many and which firms issue equity and bonds in domestic and international markets, how do these firms grow relative to non-issuing firms, and how does firm performance vary along the firm size distribution? To evaluate these questions, a new data set is constructed by matching data on firm-level capital raising activity with balance sheet data for 45,527 listed firms in 51 countries. T...
Bennedsen, Morten; Feldmann, Sven E.; Lassen, David Dreyer
that are larger, older, exporting, government-owned, are widely held and/or have fewer competitors, have more political influence, perceive corruption to be less of a problem and pay bribes less often; (c) influence increases sales and government subsidies and in general makes the firm have a more positive view...
Malchow-Møller, Nikolaj; Schjerning, Bertel; R. Markusen, James
Three types of theories have been used to explain the wage premium in foreign firms: the theories of heterogeneous workers, heterogeneous learning, and heterogeneous firms. We set up a model that explicitly encompasses two of these theories, and that can illustrate the third. This unifying...
Davis, Jerome Dean; Keiding, Hans
and as a consequence a higher sales value of the firm. Buyers take this signaling into consideration, but irrespective of their countermoves, the equilib- rium result may be a lowering of ex ante product prices, and an ex post market overvaluation of the firm. This model is utilized to suggest possible explanations...
Boone, J.; Schottmuller, C.
This paper analyzes optimal procurement mechanisms in a setting where the procurement agency has incomplete information concerning the firms’ cost functions and cares about quality as well as price. Low type firms are cheaper than high type firms in providing low quality but more expensive when
Backman, Mikaela; Karlsson, Charlie
characteristics, such as the commuting experience. Our results show that commuting influences the firm location choice. The probability of establishing a firm in the work municipality increases if the entrepreneur is a commuter, holding constant the type of region and unobservable and observable individual...
Full Text Available This paper analyzes the export-behavior of Chilean agribusiness and food processing firms and the relative importance of firm-specific and geographic characteristics in this behavior. Using firm level data and regional geographic indicators, a dynamic model was used to study the export decisions and the export intensity of three industries: processing fish, processing fruits and vegetables, and wine production. Results showed that determinants of exporting behavior vary among the three industries, except the effect of sunk costs, which strongly impacts the export decisions of all analyzed industries. This implies that firms with prior export experience will have higher probability of exporting in the future. Foreign ownership positively impacts the export decision of the two processing industries. Thus, firms belonging to these industries that wish to increase the probability of being an exporter should be encouraged to have a partnership with a foreign company or investor. The export intensity is positively influenced by foreign ownership in the fruit and vegetables processing and wine industries. As in the case of the export decision of firms, foreign participation helps increase the scale of exports. In general, firm-specific characteristics significantly impact the export behavior in Chilean agribusiness and processed food industries, while the contribution of geography attributes appears mixed.Este artículo analiza el comportamiento exportador de las empresas chilenas agroindustriales y procesadoras de alimentos y la importancia relativa que las características geográficas y específicas de las empresas tienen en este comportamiento exportador. Con datos a nivel de empresas e indicadores geográficos regionales, se utilizó un modelo dinámico para estudiar la decisión y la intensidad exportadora de tres industrias: industria procesadora de pescados, industria procesadora de frutas y hortalizas, e industria productora de vinos. Los
Louisiana Geographic Information Center — This GIS shapefile data illustrates reinvestment centers included in the Louisiana Speaks Regional Plan Vision. Reinvestment centers highlight communities that...
Louisiana Geographic Information Center — This GIS shapefile data illustrates special economic zones included in the Louisiana Speaks Regional Plan Vision. Special economic zones include existing national,...
Louisiana Geographic Information Center — This GIS shapefile data illustrates the regional, subregional, and local transit corridors included in the Louisiana Speaks Regional Plan community growth option of...
Louisiana Geographic Information Center — This GIS shapefile data illustrates the regional roadways included in the Louisiana Speaks community growth option of compact and dispersed development (Option B)....
Louisiana Geographic Information Center — This GIS shapefile data illustrates the regional roadways included in the Louisiana Speaks community growth option of compact development (Option C). This network...
Louisiana Geographic Information Center — This GIS shapefile data illustrates the regional, subregional, and local transit corridors included in the Louisiana Speaks Regional Plan community growth option of...
Louisiana Geographic Information Center — This GIS shapefile data illustrates the regional roadways included in the Louisiana Speaks Regional Plan community growth option of dispersed development (Option A)....
Louisiana Geographic Information Center — This GIS shapefile data illustrates potential fixed-transit stations included in the Louisiana Speaks Regional Plan community growth option of compact development...
Louisiana Geographic Information Center — This GIS shapefile data illustrates the primary and secondary transit corridors included in the Louisiana Speaks Regional Plan Vision. This network accommodates a...
Djuwendah, E.; Priyatna, T.; Kusno, K.; Deliana, Y.; Wulandari, E.
Building agribusiness model of LEISA is needed as a prototype of sustainable regional and economic development (SRRED) in the watersheds (DAS) of West Java Province. Agribusiness model of LEISA is a sustainable agribusiness system applying low external input. The system was developed in the framework of optimizing local-based productive resources including soil, water, vegetation, microclimate, renewable energy, appropriate technology, social capital, environment and human resources by combining various subsystems including integrated production subsystems of crops, livestock and fish to provide a maximum synergy effect, post-harvest subsystem and processing of results, marketing subsystems and supporting subsystems. In this study, the ecological boundary of Cipunegara sub-watershed ecosystem, administrative boundaries are Surian Subdistricts in Sumedang. The purpose of this study are to identify the potency of natural resources and local agricultural technologies that could support the LEISA model in Surian and to identify the potency of internal and external inputs in the LEISA model. The research used qualitative descriptive method and technical action research. Data were obtained through interviews, documentation, and observation. The results showed that natural resources in the form of agricultural land, water resources, livestock resources, and human labor are sufficient to support agribusiness model of LEISA. LEISA agribusiness model that has been applied in the research location is the integration of beef cattle, agroforestry, and agrosilvopasture. By building LEISA model, agribusiness can optimize the utilization of locally based productive resources, reduce dependence on external resources, and support sustainable food security.
Wilson, Eric J [National Renewable Energy Laboratory (NREL), Golden, CO (United States)
Energy used by Louisiana single-family homes that can be saved through cost-effective improvements. Prepared by Eric Wilson and Noel Merket, NREL, and Erin Boyd, U.S. Department of Energy Office of Energy Policy and Systems Analysis.
Cassimere, Raphael Jr.
Suggests that the struggle for teacher salary equalization in Louisiana ended in success, but it was one chapter in a long struggle to gain the full citizenship that black teachers and their pupils dreamed would one day be theirs. (Author/AM)
Jae Song; David J. Price; Fatih Guvenen; Nicholas Bloom; Till von Wachter
Earnings inequality in the United States has increased rapidly over the last three decades, but little is known about the role of firms in this trend. For example, how much of the rise in earnings inequality can be attributed to rising dispersion between firms in the average wages they pay, and how much is due to rising wage dispersion among workers within firms? Similarly, how did rising inequality affect the wage earnings of different types of workers working for the same employer—men vs. w...
International Finance Corporation
This IFC SmartBook is a compilation of sixteen IFC SmartLessons that presents practical lessons learned by staff from across the IFC and the World Bank on approaches for engaging in agriculture that have led to success. Agribusiness is a crucial economic sector, for food security of course, for managing water stress and ecosystem services, but also as a source of employment in emerging mar...
Hausen, Tobias; Helbig, Ralf; Schiefer, Gerhard
This article gives an overview of a conceptual framework for the designing and implementation of an electronic trade platform. The trade platform prototype is the basis of a general conception for the design and implementation of internet-based trade platforms in agribusiness. The main platform focus related to the concept are to convert traditional business relationships and transactions into an electronic system. The conceptual framework provides clarification with regard to the benefit of ...
Cyntia Nalila Silva Souza
Full Text Available The study was conducted in order to boost the agribusiness sector of the city of Sombrio. Exploratory research was conducted with data collection and interpretation quantitatively and qualitatively, through the sampling of fifteen agricultural industries organized into groups of crafts; forestry, dairy/starches; processing of vegetables and meats. The producer members represented 6%, where 27% of these are inserted to COOPERSOMBRIO. The representative producer not associated was 67%, where 27% are open to association. The family labor is used in 93% of agro-industries, hiring outsourced labor also occurs in 50% of agro-industries. The training was affirmed as an impediment to growth in 86.6% of agribusinesses. The meeting was unanimous in the development of activity, where 60% say the co-commercialization, 35% and 5% achievement professional management of production. To improve the production unit was pointed out the outreach/marketing (23.07%, finance (23.07%, infrastructure (19.23%; qualification (19.23%, technical assistance (11.53% and control/taxation (7.69%. In view of agribusinesses public agencies should consider to improve the dissemination activity/marketing (28.57%, infrastructure (23.8%, Finance (19.04%; qualification (14.28 %, marketing (9.52%, research (4.76%. The COOPERSOMBRIO showed difficulties in physical space, access for client, in little visibility of products, in lack of marketing and in lack of the financial resources. The actions demonstrate the path to the association by the insertion of agribusiness in COOPERSOMBRIO inserting projects qualification in management, training and technical assistance employed by EPAGRI and Secretary of Agriculture.
Estela de Oliveira Nunes
Full Text Available Nowadays, food production has the challenging mission to encourage the growth of the rural economy assuring long term sustainability of their natural resources. The qualification of human resources and the generation of new knowledge are the main pillars that give sustainability to agribusiness. Animal protein production is one of the branches of the agribusiness sector. Swine production is recognized as an activity of high pollution potential, producing a large quantity of waste. This study aimed to identify the activities developed in partnership among academic, research and extension institutes in a midsize company of the agribusiness sector, more specifically a swine farm (São Roque Farm in its sustainable restructuring. An exploratory and quantitative research was developed, which comprehended literature reviews, data collection and analysis of documents from the São Roque Farm. It was considered the period that includes the beginning of the sustainable restructuring of the property (2003 until December 2011. During the analysis of the Sustainable Restructuring Project, special attention was given to the readjustment of the wastewater treatment system and to the energy management and carbon credits, being innovative and pilot projects in the state of Santa Catarina. For this purpose, technologies and knowledge are being developed and applied in treatment of three routes: gaseous, liquid and solid. This pilot project allowed the development of applied studies at undergraduate, masters and PhD level and the main results achieved are the improvement of understanding and the achievement of technical and financial benefits by connecting agribusiness, academia and government research institutions.
The main objective of this study is to emphasize the importance of creating special governmental refinancing institutions targeted towards strategic economic sectors. Such institution in Macedonia is Agricultural Credit Discount Fund, a separate unit within the Macedonian Bank for Development Promotion that administers a credit line meant to support the agribusiness. As it is commonly known agriculture is one of the most important economic sectors of the country. The ACDF's 'modus operandi' i...
Vojnović Boško; Stefanović Vidoje; Vojnović Dragana; Perović Milorad
This paper examines the problems of jobs, employment, staff hiring in the agriindustrial complex, job description and requirements, theoretical and practical job cost indicators, and the willingness of our people to create new jobs by starting up their own private agribusiness. The results indicate a chronic lack of private funds necessary for every new business as well as the inevitability of borrowing. Potential entrepreneurs know the advantages and the disadvantages of solo and partnership...
Kohler, Wilhelm; Smolka, Marcel
We analyze the sourcing strategies of firms active in the Spanish manufacturing sector. We show that firms that select strategies of vertical integration and of foreign sourcing ex post tend to have been more productive, ex ante, than other firms.......We analyze the sourcing strategies of firms active in the Spanish manufacturing sector. We show that firms that select strategies of vertical integration and of foreign sourcing ex post tend to have been more productive, ex ante, than other firms....
Felin, Teppo; Lakhani, Karim R; Tushman, Michael L
The purpose of this article is to suggest a (preliminary) taxonomy and research agenda for the topic of "firms, crowds, and innovation" and to provide an introduction to the associated special issue. We specifically discuss how various crowd-related phenomena and practices-for example, crowdsourcing, crowdfunding, user innovation, and peer production-relate to theories of the firm, with particular attention on "sociality" in firms and markets. We first briefly review extant theories of the firm and then discuss three theoretical aspects of sociality related to crowds in the context of strategy, organizations, and innovation: (1) the functions of sociality (sociality as extension of rationality, sociality as sensing and signaling, sociality as matching and identity), (2) the forms of sociality (independent/aggregate and interacting/emergent forms of sociality), and (3) the failures of sociality (misattribution and misapplication). We conclude with an outline of future research directions and introduce the special issue papers and essays.
and developing strategic initiatives that aid the community as a whole. We discuss the facilitator role of the shared services provider, contrasting it with the coordinator role found in other multi-firm organizations, and we show how shared services providers function by describing three examples...... is an organizational model called the collaborative community of firms. This chapter addresses an important organizational role in a collaborative community, that of the shared services provider. The shared services provider acts as a facilitator in the community, helping member firms collaborate with one another...... of collaborative communities of firms from different sectors: the U.S.-based Blade.org and two Denmark-based communities, the Kalundborg Industrial Symbiosis and MG50. Implications for the theory and practice of organization design are discussed....
Malchow-Møller, Nikolaj; Markusen, James R.; Schjerning, Bertel
Many papers have documented a wage premium in foreign-owned and large firms. However, there is very little formal theory in the literature and empirical analyses are typically not based on hypotheses which are rigorously derived from theory. This paper contributes to the theory-empirics gap...... by developing a model that allows for two "pure" explanations for the wage premium. The first is a heterogenous-worker explanation along the lines of Yeaple (2005), where firms that select more scaleintensive technologies select ex-ante more productive workers. In this case, the wage premium is a pure selection...... phenomenon. The second explanation builds on the heterogeneous-firm model of Melitz (2003) combined with on-the-job learning as in Markusen (2001). Productivity differences between firms are internalized by ex-ante homogeneous workers, so the wage premium is a pure learning phenomenon due to ex-post higher...
Foss, Nicolai Juul; Klein, Peter G.
While characteristically "Austrian" themes such as entrepreneurship, economic calculation, tacit knowledge and the temporal structure of capital are clearly relevant to the business firm, Austrian economists have said relatively little about management, organization and strategy. This work features...
Full Text Available The most important aspect of any business is efficiency. The goal is to achieve a greater output results using less inputs, i.e. to maximize the use of available inputs. Numerous mathematical and statistical procedures, such as DEA technique (Data Envelopment Analysis, take an important place in the process of the effective management of the company and its business activities. This paper illustrated the application of DEA technique in assessing the business efficiency of SMEs in agribusiness in Vojvodina Measuring the efficiency of business operations of SMEs is based on the values of the following indicators: fixed assets, working capital, number of companies, number of employees, total income, profit and loss. The data used to calculate the values of indicators of business efficiency were obtained from the Statistical Office of the Republic of Serbia, based on the annual accounts of SMEs in agribusiness for four-year average (2008-2011. The aim of this paper is statistical assessment of business efficiency of SMEs in agribusiness using DEA technique, and then, based on the results obtained, to perform the ranking of Vojvodina municipalities in which observed SMEs were located, and finally, based on 4 models, to show sensitivity of DEA technique compared to different combination of input / output indicators, so therefore, caution is needed when this method is used. If the combination of parameters in the model is better, the results are more realistic, since if a key parameter is omitted, wrong decisions could be made.
Full Text Available Provided with the contributions of the linguistic turn, our perspective conceives political theorizing as an intervention of the researcher in an intersubjective context in which a public issue is debated. We focus on those contexts in which the exercise and claim for rights against the consequences of agribusiness is thematized: diseases and deaths, siteclearances and evictions of indigenous and peasant communities, omission or complicit actions of the state institutions among other issues. We consider these diverse and sustained over time practices as struggles for recognition that put in tension the complacent “consensus of the commodities”, its concepts, practices, institutions and effects. We present the struggles against the pillars of agribusiness in Argentina: GMOs, pesticides and the National Commission on Agricultural Biotechnology (CONABIA. As a result of our research there are contributions that uncover the web of relationships impacted by agribusiness, the public problems generated and currently generates the technological innovation in this field, and the limits and possibilities for resolution. Also we offer glimpse into the structure, criteria and operation, also made invisible: the body of the official political system with responsibilities in this case in our country, the National Commission for Agricultural Technology (CONABIA.
Sandra Sequeira; Simeon Djankov
This paper investigates how corruption affects firrm behavior. Firms can engage in two types of corruption when seeking a public service: cost-reducing "collusive" corruption and cost increasing "coercive" corruption. Using an original and unusually rich dataset on bribe payments at ports matched to firrm-level data, we observe how firms respond to each type of corruption by adjusting their shipping and sourcing strategies. "Collusive" corruption is associated with higher usage of the corrupt...
Caldera Sanchez, Aida
This doctoral dissertation studies the effect of economic integration on the performance of firms. The ongoing process of global economic integration has been characterized by dismantling of trade barriers and openness to foreign direct investments (FDI). These changes have not only brought opportunities to firms in terms of market access and the possibility to learn about foreign technologies brought in by foreign counterparts. The new economic environment has also posed new challenges throu...
Vafaï , Kouroche
URL des Documents de travail : http://centredeconomiesorbonne.univ-paris1.fr/bandeau-haut/documents-de-travail/; Documents de travail du Centre d'Economie de la Sorbonne 2012.84 - ISSN : 1955-611X; To control, evaluate, and motivate their agents, firms employ supervisors. As shown by empirical investigations, biased evaluation by supervisors linked to collusion is a persistent feature of firms. This paper studies how deceptive supervision affects agency relationships. We consider a three-leve...
Full Text Available The study examines the relationship between executive compensation and firm performance among Indian firms. The evidence suggests that firm performance measured by accounting, as well as market-based measures, significantly affects executive compensation. We also test for the presence of persistence in executive compensation by employing the system-generalised methods of moments (GMM estimator. We find significant persistence in executive compensation among the sample firms. Further, we report the absence of pay–performance relationship among the smaller sample firms and business group affiliated firms. Thus, our findings cast doubts over the performance-based executive compensation practices of Indian business group affiliated firms.
Dahl, Michael S.; Klepper, Steven
Using the matched employer-employee data set for Denmark and information on the founders of new firms, we analyze the hiring choices of all new firms that entered from 2003 to 2010. We develop a theoretical model in which the quality of a firm’s employees determines its average cost, a firm......, and firm size influence the wages firms pay to their early hires. We find that beginning with the time of entry, larger firms consistently pay higher wages to their new hires. These are firms with greater survival prospects at the time of entry based on the pre-entry backgrounds of their founders...
Larry Lang; Eli Ofek; Rene M. Stulz
We show that there is a negative relation between leverage and future growth at the firm level and, for diversified firms, at the segment level. Further, this negative relation between leverage and growth holds for firms with low Tobin's q, but not for high-q firms or firms in high-q industries. Therefore, leverage does not reduce growth for firms known to have good investment opportunities, but is negatively related to growth for firms whose growth opportunities are either not recognized by ...
Full Text Available The article deals with problems of an ever increasing number of cases of successful application of old combat strategies in business practice. Nevertheless, the author refuses the so called “direct conflict“ of firms, when it is really fought for victory on the market. His approach is based on the philosophy of “victory without fight“, in other words – of achieving the aim without direct conflict with the rival firm.In the end he comes to the conclusion that combat philosophies are more and more often incorporated into classical approach of strategic firm control and become the integral part of philosophy of management. At the close happens to opinion that the one from basic factors absolutely necessary to creation such strategy at company, is necessary present so-called „creative intelligence“.
Bøllingtoft, Anne; Müller, Sabine; Ulhøi, John Parm
and developing strategic initiatives that aid the community as a whole. We discuss the facilitator role of the shared services provider, contrasting it with the coordinator role found in other multi-firm organizations, and we show how shared services providers function by describing three examples...... of collaborative communities of firms from different sectors: the U.S.-based Blade.org and two Denmark-based communities, the Kalundborg Industrial Symbiosis and MG50. Implications for the theory and practice of organization design are discussed....
The omnivorous Louisiana crayfish, Procambarus clarkii, has caused significant changes to macrophyte communities worldwide and may have similar negative effects in Kenya if used as a biological control agent for snails harbouring human schistosomes. Here we examine how herbivory by the introduced Louisiana ...
Assaf, A. George; Josiassen, Alexander; Gillen, David
Set in the airport industry, this paper measures firm performance using both desirable and bad outputs (i.e. airport delays). We first estimate a model that does not include the bad outputs and then a model that includes bad outputs. The results show important differences in the efficiency...
Morgan, Glenn; Hull Kristensen, Peer; Whitley, Richard
. These processes occur at a number of levels which are explored in different empirical settings. Firstly, at the level of governance, multinational firms may develop conflicts between investors from different national contexts, for example between the arms-length orientation of Anglo-Saxon institutional investors...
Bøllingtoft, Anne; Müller, Sabine; Ulhøi, John Parm
Both small and medium-size entrepreneurial firms face liabilities such as resource scarcity and scale diseconomies, making it difficult for them to innovate on a continuous basis. In response, experimentation with new ways of organizing for innovation has increased. One successful result is an or...
Welch, James R; Brondízio, Eduardo S; Hetrick, Scott S; Coimbra, Carlos E A
International efforts to address climate change by reducing tropical deforestation increasingly rely on indigenous reserves as conservation units and indigenous peoples as strategic partners. Considered win-win situations where global conservation measures also contribute to cultural preservation, such alliances also frame indigenous peoples in diverse ecological settings with the responsibility to offset global carbon budgets through fire suppression based on the presumed positive value of non-alteration of tropical landscapes. Anthropogenic fire associated with indigenous ceremonial and collective hunting practices in the Neotropical savannas (cerrado) of Central Brazil is routinely represented in public and scientific conservation discourse as a cause of deforestation and increased CO2 emissions despite a lack of supporting evidence. We evaluate this claim for the Xavante people of Pimentel Barbosa Indigenous Reserve, Brazil. Building upon 23 years of longitudinal interdisciplinary research in the area, we used multi-temporal spatial analyses to compare land cover change under indigenous and agribusiness management over the last four decades (1973-2010) and quantify the contemporary Xavante burning regime contributing to observed patterns based on a four year sample at the end of this sequence (2007-2010). The overall proportion of deforested land remained stable inside the reserve (0.6%) but increased sharply outside (1.5% to 26.0%). Vegetation recovery occurred where reserve boundary adjustments transferred lands previously deforested by agribusiness to indigenous management. Periodic traditional burning by the Xavante had a large spatial distribution but repeated burning in consecutive years was restricted. Our results suggest a need to reassess overreaching conservation narratives about the purported destructiveness of indigenous anthropogenic fire in the cerrado. The real challenge to conservation in the fire-adapted cerrado biome is the long
Full Text Available This article seeks to outline the structure of the export-oriented agribusiness industry in northwestern Mexico, so as to analyze the conditions of vulnerability of female farmworkers in terms of their access to health services and the medical attention they receive. Using a qualitative approach, focus groups and interviews were carried out with farmworkers and subject experts pertaining to academia and civil society. Their narratives were then analyzed using Pierre Bourdieu’s concept of field. The primary results demonstrate a lack of access to health services and social security, and describe the main actors and their positions with respect to the vulnerability of this population.
25 – 26 MAY 2009 09.00 to 17.00 Monday 25 May 09.00 to 17.00 Tuesday 26 May Individual interviews will take place in technicians’ offices. The firms will contact relevant users/technicians but any user wishing to make contact with a particular firm is welcome to use the contact details which are available from each departmental secretariat or from the GS Department web pages here. List of Companies:Automation Services and Consulting BVBA Burrick NV, (PLC) Cissoid DB Engineering Design, Drafting & Services BVBA Entelec Control Systems GILLAM-Fei S.A. HPC ICSENSE IWT – Enterprise Europe Flanders Jema SA Mecasoft SA SA Polmans Rapid-Torc Resarm Engineering Plastics SA Sentera Europa NV SLC BVBA Stocker Industrie SA Technord Tecnubel Winlock BVBA For further information please contact Caroline Laignel (GS-DI 73722) or Karine Robert (GS-SEM-LS 74407).
Hsuan, Juliana; Frandsen, Thomas; Raja, Jawwad
This booklet outlines the breadth and depth of services offered by Danish manufacturing companies, aiming to provide a better understanding of the servitization landscape in Denmark. A total of 1,103 company websites have been checked against 16 service categories. Of these, 939 companies were...... analyzed in more detail, for example with regard to the types of services offered, company size, industry representation, turnover and earnings before interest and tax (EBIT). The analysis presented in this booklet may inspire Danish firms and help them, in their servitization journeys, to position...... themselves in relation to other companies in similar or related industries. In setting out a brief overview of the overall industrial service landscape in Denmark, the following is highlighted: - The extent to which Danish industrial firms are communicating service offerings through their websites...
Filser, Matthias; Brem, Alexander; Gast, Johanna
, organizational culture and behaviour, resources, and innovation and strategy. Second, based on a thorough literature review the major research avenues are reflected. The comparison of the results of both analyses showed the following areas for future research on family firm innovation: members‘ individual human...... capital and their leadership behaviour, openness to externals, cross-country comparisons, and finally the family‘s functional integrity on innovation performance....
Menozzi, Anna; Fraquelli, Giovanni; Novara, Jolanda de
The paper deals with diversity as a key factor to improve the board of directors’ decision process in family firms. The empirical literature about board diversity points at the positive impact of diversity on board functioning and firm performance. The paper uses a statistical diversity index to capture the heterogeneity of board of directors and put it in relation with firm performance, as measured by firm profitability. The empirical analysis is based on a newly collected panel of 327 famil...
Ginglinger, Edith; Hébert, Camille; Renneboog, Luc
Conglomerates, multinational corporations and business groups are non-exclusive forms of complex firms. Often organized as corporate networks, complex firms control a myriad of firms connected through ownership links. We investigate whether parent-subsidiary links within corporate networks enhance
Full Text Available The article analyzes the internationalization strategies of the four largest Brazilian companies in the meat (beef, pork and poultry agribusiness sector, by considering the comparative and competitive advantages of the country and the companies. JBS, Marfrig, Sadia and Perdigão were studied, of which the last two merged in May 2009, forming Brasil Foods. The authors looked into what led these companies to start investing abroad directly, as from 2005, as a complement to their exports, the preferred strategy for placing products in foreign markets. The research method used was the multiple case study, drawing on primary data (interviews, corporate annual reports, financial statements, press releases and shareholder information and secondary data (theses, dissertations, academic articles, reports in newspapers and business journals, using bibliographic and documentary research. Everything was analyzed in the light of international business and strategy theories. The results show that exports still predominate and that investing directly abroad was, in principle, a reactive strategy to sanitary barriers against Brazilian products. However, the acquisition of companies in restriction-free countries has increased as part of a forward-looking strategy for gaining access to new markets and strengthening brands. Key-words: Agribusiness. Internationalization. Strategy.
Full Text Available The objectives of this study is to design a model of integrated supply chain management of potato agribusiness in an effort to increase revenue and bargaining position of farmers in Aceh Province. The method applied to achieve these objectives was the methodology of system dynamics. Formulation of the models was conducted by using Vensim DSS Software, followed by simulation. The result of this study showed the role of five major scenarios which were important to actualize the integrated supply chain management of potato agribusiness in Aceh Province, those were: scenario 1, increasing the productive land area, resulting in the increasing of production volume; scenario 2, using the certified potato seed named “umbi G2”, generating the higher level of production; scenario 3, providing the certified potato seed based on the needs, showing that the quantity of production increased; scenario 4, shortening the payment receivables interval of farmers and cooperatives, which showing the increasing of cash amount; scenario 5, doing certification to the potato from synergistic partnerships farmers, showing the increasing of acceptance, profitability, R/C, and cash.
Eduardo Guilherme Satolo
Full Text Available The Brazilian sugarcane agribusiness has emerged as one of the main drivers of the economy; mainly stand out in global scenario as a major producer and exporter of sugar. To make this segment even more competitive it is also necessary to look for constant improvements in its production system. Over the past four decades, Lean Production has been recognized as a management model in efficiency and competitiveness when it comes to the use of a systematic approach and focused on waste elimination. In this scenario this article aims to evaluate the use of philosophy, techniques and tools of Lean Production System in a sugarcane agribusiness in State of São Paulo. A research roadmap developed from the 14 principles of Liker for the implementation of Lean Production was used to conduct an interview, as well as on site visit and observation in order to perform a data triangulation. Within the search results is identified that the organization has a satisfactory performance on Lean principles, especially the support given by the technical and applied tools, which support the processes and problem solving categories.
Udimal, Thomas Bilaliib; Jincai, Zhuang; Ayamba, Emmanuel Caesar; Sarpong, Patrick Boateng
This study investigates the effect of accumulated human capital on the performance of agribusinesses in China. Four hundred fifty agribusiness owners were interviewed for the study. Growth in sales over the last 5 years was used as a measure of performance. The following variables were reviewed and captured as those constituting human capital: education, raised in the area, parents being entrepreneurs, attending business seminars/trade fairs, managerial experience, similar work experience, cooperative membership, and training. Logit regression model and inferential statistics were used to analyze the data. The logit regression model was used to analyze the effect of accumulated human capital on growth in sales. The inferential statistics on the other hand was used to measure the association between age, education, sex, provinces, and the categories of growth. Our study found that parents who are entrepreneurs and attend business seminars/trade fairs, as well as have managerial experience, similar work experience, education, and training, display a statistically significant positive effect on the growth in sales.
Louisiana Geographic Information Center — This GIS shapefile data illustrates new growth areas included in the Louisiana Speaks Regional Plan Vision. New growth areas include a mix of industrial, single...
Louisiana Geographic Information Center — This GIS shapefile data illustrates new or improved roadways included in the Louisiana Speaks Regional Plan Vision. This network accommodates a land use pattern that...
Louisiana Geographic Information Center — This GIS shapefile data illustrates potential fixed-transit stations included in the Louisiana Speaks Regional Plan community growth option of compact and dispersed...
Louisiana Geographic Information Center — This GIS shapefile data illustrates town center new growth areas included in the Louisiana Speaks Regional Plan Vision. Town center new growth areas include local...
Dries, L.K.E.; Gorton, M.; White, J.; Urutyan, V.; Sardaryan, G.
This paper analyses the impact on investments of contractual arrangements between farms and agribusiness in the Armenian dairy
sector. Our empirical evidence is based on a unique survey of 300 Armenian dairy farms. The dairy sector is of particular importance as it
provides vital employment
Lee, Sangheon; Torm, Nina
This article investigates how social security provision - a key determinant of formality - impacts on small and medium-sized firm performance in Viet Nam. Based on enterprise census data covering all registered firms from 2006 to 2011, the authors find that firms which increase their social...... security coverage by 10 per cent experience a revenue gain of 1.4-2.0 per cent per worker and a profit gain of up to 1.8 per cent, depending on the survival time of the firm. However, given the time lag between 'investment' (in social security contributions) and returns (enhanced firm performance...
National Oceanic and Atmospheric Administration, Department of Commerce — This data set contains sensitive biological resource data for reptiles and amphibians in coastal Louisiana. Vector polygons represent reptile and amphibian habitats,...
This report documents the performance of Louisiana Superpave mixtures through laboratory mechanistic tests, mixture : volumetric properties, gradation analysis, and early field performance. Thirty Superpave mixtures were evaluated in this : study. Fo...
Louisiana Geographic Information Center — The Hydrography layer is an area geometry depicting the various water features that include the rivers, streams, creeks, lakes, etc of East Baton Rouge Parish.
National Oceanic and Atmospheric Administration, Department of Commerce — This data set contains boundaries for managed lands in coastal Louisiana. Vector polygons in this data set represent the management areas. Location-specific type and...
National Oceanic and Atmospheric Administration, Department of Commerce — This data set contains boundaries for parishes in coastal Louisiana. Vector polygons in this data set represent parish management areas. Location-specific type and...
National Oceanic and Atmospheric Administration, Department of Commerce — This data set contains human-use resource data for airport, heliport, marina, and boat ramp locations in Louisiana. Vector points in this data set represent the...
The Institute for Environmental Studies at Louisiana State University conducted research into the potential use of Louisiana salt domes for disposal of nuclear waste material. Topical reports generated in 1981 and 1982 related to Vacherie and Rayburn's domes are compiled and presented, which address palynological studies, tiltmeter monitoring, precise releveling, saline springs, and surface hydrology. The latter two are basically a compilation of references related to these topics. Individual reports are abstracted
Pedersen, Esben Rahbek Gjerdrum; Sudzina, Frantisek
Purpose – The purpose of this paper is to outline the anatomy of firms which adopt comprehensive performance measurement (PM) systems in order to gain an understanding of how internal (organisational capabilities) and external (perceived environmental uncertainties) factors shape performance...... – This paper concludes that a limited number of internal and external factors have a significant influence on the adoption of PM systems. There is no consistent pattern, however, between the different sub-categories of organisational capabilities/perceived environmental uncertainties and PM adoption...... this study indicate that the relationship between PM adoption and the organisational characteristics/external environment is more complicated than anticipated....
Full Text Available The impact of female directors on firm performance has lacked consistency in the previously conducted empirical studies, which may be due to the endogeneity problem, or certain characteristics (i.e. governance, industry, competition. This study examines the relationship between female directors and firm performance by addressing those problems. This study analyses all non-financial UK listed firms during the period 2004-2012 and employs several econometric models. The regression results indicate that there is little evidence that female directors have a positive and strong relationship with firm performance. But, further analysis reports that the UK’s small listed firms experience a positive significant effect, because small firms do not suffer from the problem of over-monitoring and they have more flexibility in composing their boards of directors.
30 – 31 JANUARY 2012 09:00 to 17:00 Monday 30 January 09:00 to 17:00 Tuesday 31 January Individual interviews will take place in technicians’ offices. The firms will contact relevant users/technicians but any user wishing to make contact with a particular firm is welcome to use the contact details available from the secretariat of their department or from the GS Department web page. List of Companies: · Axcon APS · BB Electronics A/S · B.Rustfrit Stal A/S · CIM Industrial Systems A/S · Danfysik A/S · Develco A/S · Eletronic A/S · GPV Group · Innoware A/S · JLI Vision A/S · NECAS A/S· NKT Cables A/S · Noliac A/S · Prodan A/S · Röttger’s Vaerktoj A/S · Vengcon APS For further information please contact Claudia Bruggmann Furlan GS-IS-LS 73312 or Caroline Laignel GS-DI 73722.
The impact of female directors on firm performance has lacked consistency in the previously conducted empirical studies, which may be due to the endogeneity problem, or certain characteristics (i.e. governance, industry, competition). This study examines the relationship between female directors and firm performance by addressing those problems. This study analyses all non-financial UK listed firms during the period 2004-2012 and employs several econometric models. The regression results indi...
Shenggang Yang; Heng Ye; Qi Zhu
Peer-firm strategies are a critical factor for corporate finance, and corporate social responsibility (CSR) is the main trend for evaluating the behavior of firms. On the basis of the connection between peer strategy and CSR, this paper explores the CSR strategies employed by a sample of Chinese firms during the 2008–2015 period. Our two main empirical findings are as follows. First, the CSR strategies of firms have a positive effect on their CSR behavior. Second, when there is the CSR gap be...
Sofka, Wolfgang; Grimpe, Christoph
ignored the institutional context that provides or denies access to external knowledge at the country level. Combining institutional and knowledge search theory, we suggest that the market orientation of the institutional environment and the magnitude of institutional change influence when firms begin......The innovation performance of modern firms is increasingly determined by their ability to search and absorb external knowledge. However, after a certain threshold firms "oversearch" their environment and innovation performance declines. In this paper, we argue that prior literature has largely...... to experience the negative performance effects of oversearch. Based on a comprehensive sample of almost 8,000 firms from ten European countries, we find that institutions matter considerably for firms' search activity. Higher market orientation of institutions increases the effectiveness of firms' search...
Full Text Available The first part of the article presents basic issues regarding the concept of CSR, highlighting themes taking socially responsible activities and areas of this activity. The main part of the article is devoted to the presentation of their own research on the activity of the surveyed companies from the Warmia and Mazury undertaken to society, embedded in the concept of CSR. The study, which was conducted in the second half of 2013, consisted of 174 micro, small and medium-sized agribusiness in rural areas. The study was conducted by a diagnostic survey using a questionnaire as a research tool. Material derived from respondents was analysed mathematically and statistically and properly presented. The conducted investigations indicate that the involvement of companies surveyed for the local community is high (83% of responses. However, it is quite of one-sided nature and focuses mainly on issues of philanthropy and sponsorship.
The attainment of sustainable food security in the drought-stricken sub-Saharan Africa requires farmer participatory research into the development and adaptation of agricultural technologies and their dissemination for adoption by the farmers. The Agribusiness Development Support Project (ADSP) was initiated in the Arid and semi-arid areas (ASALs) of and surrounding Baringo District to acquire test and disseminate improved vegetable varieties, with significant farmer involvement. The project aims at commercializing horticulture and seed technologies. Three superior onion varieties have been tested on-farm and found to be higher yielding than the traditional varieties. More than 9000 improved fruit tree seedlings have been sold, and their popularity is such that, in favourable weather conditions, the Centre's nurseries cannot effectively meet the demand by farmers and groups. As a result, mechanisms to enlarge the scope of the project to cover more districts and to encourage adoption in current operational area should be affected
Full Text Available Based on demand forecasts, companies plan production, financial and personnel scenarios, both in the long and short term. The forecasts are essential, especially for companies working with a push production system, for which there is no sale of collateral. They should therefore plan their production and financial systems with the aim of meeting the demand forecast of their products or services. Thus, this study was conducted at a meat agribusiness located in Chapecó, in the state of Santa Catarina, in order to analyze the demand forecasting methods used by the company. It is a case study with a qualitative approach. Data collection was conducted through semi-structured interviews with the operations manager, commercial manager and analysts who respond to the demand forecasts made. The main results highlight the use of both quantitative and qualitative methods, as well as indicating the importance of demand forecasts for the planning of the company
Full Text Available This paper examines the problems of jobs, employment, staff hiring in the agriindustrial complex, job description and requirements, theoretical and practical job cost indicators, and the willingness of our people to create new jobs by starting up their own private agribusiness. The results indicate a chronic lack of private funds necessary for every new business as well as the inevitability of borrowing. Potential entrepreneurs know the advantages and the disadvantages of solo and partnership business; however, they do not have any potential partners in sight. Almost a half of them have their own facilities and arable land etc. as a material base; however, they do not know what else is needed for a business to operate properly. In general, they understand the importance of education and training for any future business.
Full Text Available Based upon analyses of the Common Agricultural Policy development and its economic tools reforming the process of changing is characterised there. It deals with the multifunctionality of agriculture as well as the influence of the CAP on environment of the production tasks of agriculture and food processing industry accomplishment. Paper generalises results of new trends of the agribusiness economic environment development and the opportunity of an effective utilization of production factors in agriculture. It deals with the sources and economic implications of partial enhancement of interest and redirection of support within framework and type of tools of agrarian policy. New quality of structure of relevant information needs and economic support for agricultural enterprises decision making process are pointed out.
The Louisiana Airport System Plan (LASP) Five-Year-Capital Improvement Program (CIP) is a development plan for all commercial service, reliever, and general aviation airports in Louisiana. It is a detailed listing of potential projects based on the a...
This publication is a report of the transportation research, technology transfer, education, and training activities of the Louisiana Transportation Research Center for July 1, 2016 - June 30, 2017. The center is sponsored jointly by the Louisiana De...
We analyze diversification of boundaries of local firms in developing countries under the economic globalization. The globalization has an aspect of homogenization of the world economy, but also has another aspect of diversification through international economic activities. Focusing on boundary-level of the firm, this article shows that the diversification from a comparison with boundaries of foreign firms in developed countries is brought by a disadvantage of technology deficit and a home a...
Hall, Bronwyn H.
To what extent are new and/or innovative firms fundamentally different from established firms, and therefore require a different form of financing? The theoretical background for this proposition is presented, and the empirical evidence on its importance is reviewed. Owing to the intangible nature of their investment, asymmetric-information and moral-hazard, these firms are more likely to be financed by equity than debt and behave in some cases as though they are cash-constrained, especially ...
Cabanilla, Liborio S.; Corro, Rudy Jr.; Andog, Gerard
A 40MW Geothermal power plant will soon rise in Naujan, Oriental Mindoro. To be managed by the Emerging Power, Inc. (EPI), it covers the political jurisdiction of three villages where 4,219 individuals or 1,021 households reside. Agriculture and fishing are the predominant sources of income of local residents with average daily per capita income of Php50. This is almost 20 percent below the poverty thresholds. Agriculture is coconut-based, intercropped predominantly with banana, and a few fruit trees (e.g. Coffee, cacao). Farming is primarily mountain eco-system and ecologically fragile, as cultivation has now encroached in areas serving sources of potable water for the communities. Sustainability of agricultural production is in jeopardy in view of the need to expand economic opportunities among residents. It is critical that new value-adding activities consistent with the resource endowments of the locality to be developed. The introduction of agri-based social enterprises could pave the way for weaving together the economic requirements of residents and environmental stability. This study provides an analysis of the feasibility of undertaking non-power applications in agriculture and fishery, of geothermal resources in Naujan, Oriental Mindoro. It identifies agribusiness enterprises that will address socio-economic demands of the communities covered by the Geothermal project, at the same time promoting agriculture sustainability. Using both secondary and primary data, it employs simple economic analysis in assessing the effects of directly using geothermal resources in the agribusiness enterprises. Based on available information there is evidence that there are substantial economic benefits from non-power application of geothermal resources in the project site. Copra drying using geothermal heat in place of the traditional “tapahan” system ensures higher product quality and more favorable farm gate prices. New value-adding activities from agro
Flavia Echánove Huacuja
Full Text Available La agricultura por contrato constituye un mecanismo de abasto de las agroindustrias que se ha expandido rápidamente en los últimos años. Entre los factores que han motivado esta expansión se encuentran los cambios en el consumo alimentario, el crecimiento y fortalecimiento de las agroindustrias y otros distribuidores y la aplicación de políticas de ajuste estructural. El objetivo de este artículo es el análisis de las características del régimen contractual bajo el cual se produce cierta hortaliza de exportación ('el pepinillo', así como sus efectos en los productores, en los mercados de trabajo y tierras, y en el medio ambiente. Encontramos que el ingreso obtenido por los productores contratados no los ha exentado de la necesidad de diversificar sus actividades y que, en general, su situación como productores de bienes no-tradicionales es vulnerable y dependiente de los cambios en los mercados mundiales. English: Contract farming comprises an agribusiness supply mechanism that has undergone rapid expansion in recent years. Among the factors influencing that expansion are changes in consumption, the growth and strengthening of agribusinesses and other distributors, and the application of structural adjustment policies. The objective of this article is the analysis of the characteristics of the type of contract farming practiced with regard to the production of an export vegetable crop (pickling cucumbers, as well as its effects on producers, labor and land markets, and the environment. We find that the income obtained by contracted producers has not freed them from the necessity of diversifying their activities, and that in general, their situation as producers of non-traditional commodities is vulnerable and dependent upon the changing scenarios of global markets.
sheer enormity of this ultra modernized industry. Hybridized or biotech corn seeds are now nearly impervious to pesticides and herbicides. From...efficient routes of commerce of many thousands of miles - a fresh head of broccoli and lettuce lands in the chilled and computer controlled misting...cumulatively, seemingly minor and insignificant changes in food production methods (i.e. packaged precut lettuce ), society (desire for convenience foods
Fifteen Belgian firms visited CERN last 2 and 3 April to present their know-how. Industrial sectors ranging from precision machining to electrical engineering and electronics were represented. And for the first time, companies from the Flemish and Brussels regions of the country joined their Walloon compatriots, who have come to CERN before. The visit was organised by Mr J.-M. Warêgne, economic and commercial attaché at the Belgian permanent mission for the French-speaking region, Mr J. Van de Vondel, his opposite number for the Flemish region, and Mrs E. Solowianiuk, economic and commercial counsellor at the Belgian permanent mission for the Brussels-Capital region.
Bennedsen, Morten; Nielsen, Kasper; Pérez-González, Francisco
This paper uses a unique dataset from Denmark to investigate (1) the role of family characteristics in corporate decision making, and (2) the consequences of these decisions on firm performance. We focus on the decision to appoint either a family or an external chief executive officer (CEO). We...... show that a departing CEO's family characteristics have a strong predictive power in explaining CEO succession decisions: family CEOs are more frequently selected the larger the size of the family, the higher the ratio of male children and when the departing CEOs had only had one spouse. We...... then analyze the impact of family successions on performance. We overcome endogeneity and omitted variables problems of previous papers in the literature by using the gender of a departing CEO's first-born child as an instrumental variable (IV) for family successions. This is a plausible IV as male first...
Experiences of Emerging Economy Firms investigates the different elements of the experiences of emerging economy firms and sheds essential light on a large variety of aspects associated with their functioning in both home and host contexts. For example, firms must be able to overcome the liability...... of foreign and emerging issues when they expand their activities in various contexts, enter, exit, and re-enter overseas markets; they have to overcome institutional barriers, adapt the cultural challenges in foreign markets, undergo the impact of large multinational firms from developed economies...
Jensen, Thais Lærkholm; Lando, David; Medhat, Mamdouh
The Basel II/III and CRD IV Accords reduce capital charges on bank loans to smaller firms by assuming that the default probabilities of smaller firms are less sensitive to macroeconomic cycles. We test this assumption in a default intensity framework using a large sample of bank loans to private...
Louisiana Geographic Information Center — This is a line data set for 'Railroads' of Louisiana extracted from 1997 TIGER/Line source data. Railroad Mainlines, Spurs, Yards, and specialized rail lines have...
... have determined that the damage in certain areas of the State of Louisiana resulting from flooding... State of Louisiana are eligible to apply for assistance under the Hazard Mitigation Grant Program. The... declaration of a major disaster for the State of Louisiana (FEMA-4015-DR), dated August 18, 2011, and related...
Full Text Available The use of the internet as a medium of dissemination of information to stakeholders is increasingly gaining grounds. This study extends existing literature on web disclosures by investigating the characteristics that predict the extent of web-based disclosures. In this study, corporate websites of top Nigerian firms are used as sources of data, while a regression analysis is employed to examine the extent of prediction. Results indicate that the firm size and industry type are significant determinants of web disclosures. However, other firm traits such as ownership dispersion and financial performance do not significantly explain the extent of internet disclosures. The study recommends that a regulatory template for corporate web disclosures be put in place by government regardless of the size or industry classification of the firm. This is with a view to considerably reduce agency conflicts arising from information asymmetry in publicly listed firms in Nigeria.
Allen, Franklin; Carletti, Elena; Marquez, Robert
In many countries, the legal system or social norms ensure that firms are stakeholder oriented. We analyze the advantages and disadvantages of stakeholder-oriented firms that are concerned with employees and suppliers compared to shareholder-oriented firms in a model of imperfect competition. Stakeholder firms are more (less) valuable than shareholder firms when marginal cost uncertainty is greater (less) than demand uncertainty. With globalization shareholder firms and stakeholder firms ofte...
Dobrajska, Magdalena; Billinger, Stephan; Becker, Markus
We report findings from an analysis of 234 firm boundary decisions that a manufacturing firm has made during a 10 year period. Extensive interviews with all major decision makers located both at the headquarters and subsidiaries allow us to examine (a) who was involved in each boundary decision...
Blagoeva, Denitsa Hazarbassanova
The question the thesis aims at resolving is: How do the value creation logics of firms impact their internationalisation? The overall aim of this PhD project is to explore and test an approach to understanding the internationalisation of service firms, based not on opposing them to manufacturing...
Goergen, M.; Renneboog, L.D.R.; Correia Da Silva, L.
German firms pay out a lower proportion of their cash flows than UK and US firms.However, on a published profits basis, the pattern is reversed.Company law provisions and accounting policies account for these conflicting results.A partial adjustment model is used to estimate the implicit target
Nell, Phillip Christopher; Andersson, Ulf
We model the complex interplay between firm-level variables, notably capabilities and performance, and relationship-level variables: relationship-specific assets and network context. We test how the network context of individual exchange relationships as well as firm-level capabilities jointly af...
Degryse, H.A.; Ongena, S.
This paper examines how bank relationships affect firm performance. An empirical implication of recent theoretical models is that firms maintaining multiple bank relationships are less profitable than their single-bank peers. We investigate this empirical implication using a data set containing
van den Berg, Marcel
The research in this dissertation concerns the impact of internationalization of business activities on several dimensions of firm performance. We show that the productivity ranking by trade status of Dutch manufacturing firms in increasing order of productivity is: non-traders, importers, exporters
Full Text Available The purpose of this paper is to demonstrate how family agribusiness reproduces in rural areas of the country (with emphasis in Southern Brazil, even in some cases, under conditions of social and economic difficulties. Thus, this paper discusses the main issues related to maintaining social and economic developments of small agro-industrial by addressing them under the theoretical framework of institutionalism (The New Institutional Economics - NEI and Cost Economics Transaction (ECT. The research methodology included the use of a structured questionnaire with closed questions, search through the CAAF (CAAF, 2006 and semi-structured interviews with owners of families agribusinesses, applied both in Northern Rio Grande do Sul (Upper East Region of Uruguay. The findings show that the ECT and institutionalism are theoretical approaches that are consistent and provide good support in understanding the processes of reproduction and social maintenance of small-scale agro-industrial family, even in the face of production problems, market, organization, legislation.
Fernanda Maciel Reichert
Full Text Available This research aims to investigate the relationship between investments in technological capability and economic performance in Brazilian firms. Based on economic development theory and on developed countries history, it is assumed that this relationship is positive. Through key indicators, 133 Brazilian firms have been analyzed. Given the economic circumstances of an emerging economy, which the majority of businesses are primarily based on low and medium-low-technology industries, it is not possible to affirm the existence of a positive relation between technological capability and firm performance. There are other elements that allow firms to achieve such results. Firms of lower technological intensity industries performed above average in the economic performance indicators, adversely, they invested below average in technological capability. These findings do not diminish the merit of firms’ and country’s success. They in fact confirm a historical tradition of a country that concentrates its efforts on basic industries.
Li, A.; Tsai, F. T. C.; Jafari, N.; Chen, Q. J.; Bentley, S. J.
A vast area of river deltaic wetlands stretches across southern Louisiana coast. The wetlands are suffering from a high rate of land loss, which increasingly threats coastal community and energy infrastructure. A regional stratigraphic framework of the delta plain is now imperative to answer scientific questions (such as how the delta plain grows and decays?) and to provide information to coastal protection and restoration projects (such as marsh creation and construction of levees and floodwalls). Through years, subsurface investigations in Louisiana have been conducted by state and federal agencies (Louisiana Department of Natural Resources, United States Geological Survey, United States Army Corps of Engineers, etc.), research institutes (Louisiana Geological Survey, LSU Coastal Studies Institute, etc.), engineering firms, and oil-gas companies. This has resulted in the availability of various types of data, including geological, geotechnical, and geophysical data. However, it is challenging to integrate different types of data and construct three-dimensional stratigraphy models in regional scale. In this study, a set of geostatistical methods were used to tackle this problem. An ordinary kriging method was used to regionalize continuous data, such as grain size, water content, liquid limit, plasticity index, and cone penetrometer tests (CPTs). Indicator kriging and multiple indicator kriging methods were used to regionalize categorized data, such as soil classification. A compositional kriging method was used to regionalize compositional data, such as soil composition (fractions of sand, silt and clay). Stratigraphy models were constructed for three cases in the coastal zone: (1) Inner Harbor Navigation Canal (IHNC) area: soil classification and soil behavior type (SBT) stratigraphies were constructed using ordinary kriging; (2) Middle Barataria Bay area: a soil classification stratigraphy was constructed using multiple indicator kriging; (3) Lower Barataria
Louisiana Geographic Information Center — This dataset represents the state maintained road network of Louisiana. The dataset includes Interstates, US highways, and Louisiana State Highways. This dataset was...
Louisiana Geographic Information Center — This dataset represents the state maintained primary and secondary road network of Louisiana. The dataset includes Interstates, US highways, and Louisiana State...
Debusschere, K.; Tedford, R.; Brolin, J.; Lorentz, W.
The Louisiana Oil Spill Coordinator's Office (LOSCO) was established to improve oil spill response, spill prevention and coordination. Louisiana is challenged with having the highest exposure of oil spills because a large portion of its economy is based on oil and gas exploration and production. LOSCO will find ways to minimize the risk of unauthorized oil spills and will address damage assessment and restoration efforts. The aging oil and gas infrastructure in Louisiana has also been recognized as a potential major source for oil spills. LOSCO locates potential spill locations and assesses the risks associated with the sites, some of which are 100 years old. LOSCO also initiated the following two programs: (1) the Abandoned Barge Program initiated in 1993 to remove abandoned barges that pose a high risk for oil discharge, and (2) the Abandoned Non-Hazardous Oil Waste (NOW) Pit and Facility Program initiated in 1992 to locate and remove structures, pits and wells that pose a risk for oil spills. About 25,000 facilities, pits, sumps and reservoirs have been inventoried and evaluated to determine if they pose a risk to human health or the environment. The Louisiana Oil Spill Prevention and Response Act (OSPRA) of 1991 allocates up to $2 million per year for the abatement of oil spills from abandoned facilities in Louisiana. The state legislature has also created the Applied and Educational Oil Spill Research and Development Program (OSRADP) to fund oil spill research. Since 1993, OSRADP has granted 68 awards in support of 42 projects, many of which focused on recovery and cleanup methods including in-situ burning, fate and effect of oil in Louisiana environments, bioremediation, phytoremediation, composting, chemical cleaners, dispersants, sorbents, and solidifiers. 3 refs., 1 tab
M. Syahirman yusi; Umiyati Idris
The aim this study is to obtain the empirical evidence about the program effect of rural banking toward the micro and small agribusiness enterprises in South Sumatera. Primary data was collected through survey technique from 250 respondents and taken by random sampling method and was analyzed by structural equation modelling (SEM). The study result showed that in aggregate programs of rural banking which consisted of business financing, management skill, and business monitoring had a positive...
Edenis Cesar Oliveira
Full Text Available The global market characterized by competition, has demanded of new placements organizations, particularly as to how implement and develop relations with its trading partners. The Supply Chain Management emerges as a tool that provides organizations with the most effective management of the consequences of these relations. The incorporation of environmental issues in the organizational context reflected directly across chain. Organizations began to consider sustainability as a major factor in relations with its stakeholders, justifying the emergence of Sustainable Management of Supply Chain. The study aims to analyze the influence of environmental variable introduced in decisions and selection of suppliers of sugarcane agro-industries located in the micro-region of Assis-SP. Was held from Multiple Case Study in six agribusinesses, collecting data through semi-structured interviews, applied to sixteen actors directly involved with the subject matter, in addition to document analysis to support the interviews. For data analysis, applied to content analysis with the help of ATLAS.ti software. The results showed that, of the six surveyed companies, in agribusiness AGR2, FOR1 and for2 the environmental variable has a weak influence in the selection of its suppliers; in AGR1 the influence is average and only in AGR3 and AGR4 agribusinesses environmental variable has a strong influence.
Full Text Available Coffee development in Indomesia by means of optimalizing local resources needs to be done for increasing national coffee production as well as for expanding domestic and international markets. These opportunities must be used to gain benefit as a strategic action for raising farmer’s prosperity. This study was aimed to observe physical quality and flavor profile of Robusta coffee from Tambora mountainside, and to identify agribusiness coffee system applied by the farmers, including problem identification at farmer’s level. This research was carried out at Pekat Subdistrict (Dompu District and Tambora Subdistrict (Bima District, West Nusa Tenggara Province. Direct observation and in-depth interviews were conducted in this study. Data collected consisted of primary and secondary data, as well as 11 green coffee samples from farmers to be analysed its physical quality and flavor profile. The number of respondents were nine stakeholders consisted of three farmers, two farmer group leaders, one field officer, one duty officer, one trader, and one large planter official. Respondents selection were based on convenience sampling method. The results showed that physical quality of coffee bean was belonged to Grade 4—6 (fair to poor quality, while broken beans shared the highest number of physical defects. Robusta coffee from Tambora mountainside performed good taste profile, that the coffee can be promoted to be fine Robusta by improving post harvest handling. Robusta coffee farming at Tambora mountainside was characterized by monoculture cropping system, average of land ownerships about 1 ha/household, and average productivity about 900—1,000 kg green coffee/ha/year. Major problems on Robusta coffee farming at Tambora mountainside consisted of lack of coffee plant maintenance as well as limited accessibility to financing and technology. Key words: agribusiness, physical quality, flavor, Robusta coffee, Tambora
THIS MANUAL IS AN ANNOTATED LIST OF 16-MILLIMETER EDUCATIONAL FOREIGN LANGUAGE FILMS (BOTH LINGUISTIC AND CULTURAL) WHICH WERE PURCHASED WITH STATE AND FEDERAL FUNDS AND PLACED IN LOUISIANA'S NINE FILM LIBRARIES. FILMS ARE ARRANGED ALPHABETICALLY BY LANGUAGES. FILMS IN THE TARGET LANGUAGE ARE LISTED SEPARATELY FROM FILMS WITH ENGLISH NARRATION. A…
Campaigns for state school board are typically quiet affairs, eliciting only modest interest from the public and even less from political donors. But the race last fall for the District 2 seat on Louisiana's board of elementary and secondary education was a remarkable exception. The contest attracted the attention of education activists and…
Louisiana's state education agency (SEA) was mandated to provide appropriate services for children with attention deficit disorders, by developing statewide training for representatives from public school districts and by selecting and implementing four pilot programs. The SEA implemented the pilot programs, provided an informational training…
Rohli, Robert V.; Binford, Paul E.
Geography at elementary and middle schools in Louisiana, USA., remains a social studies strand along with civics, economics, and history, with no state-required geography course at any level. But because schools may require more geography than the state standard, this research examines the extent to which K-12 students are exposed to geography in…
Fontenot, William R.; Cardiff, Steve W.; DeMay, Richard A.; Dittmann, Donna L.; Hartley, Stephen B.; Jeske, Clinton W.; Lorenz, Nicole; Michot, Thomas C.; Purrington, Robert Dan; Seymour, Michael; Vermillion, William G.
Summarizing his colonial nesting waterbird survey experiences along the northern coast of the Gulf of Mexico in a paper presented to the Colonial Waterbird Group of the Waterbird Society (Portnoy 1978), bird biologist John W. Portnoy stated, “This huge concentration of nesting waterbirds, restricted almost entirely to the wetlands and estuaries of southern Louisiana, is unmatched in all of North America; for example, a 1975 inventory of wading birds along the Atlantic Coast from Maine to Florida [Custer and Osborn, in press], tallied 250,000 breeding [waterbirds] of 14 species, in contrast with the 650,000 birds of 15 species just from Sabine Pass to Mobile Bay.” The “650,000 birds” to which Portnoy referred, were tallied by him in a 1976 survey of coastal Louisiana, Mississippi, and Alabama (see below, under “Major Surveys” section). According to the National Atlas of Coastal Waterbird Colonies in the Contiguous United States: 1976-82 (Spendelow and Patton 1988), the percentages of the total U.S. populations of Laughing Gull (11%), Forster's Tern (52%), Royal Tern (16%), Sandwich Tern (77%), and Black Skimmer (44%) which annually nest in Louisiana are significant – perhaps crucially so in the cases of Forster's Tern, Sandwich Tern, and Black Skimmer. Nearly three decades after Spendelow and Patton's determinations above, coastal Louisiana still stands out as the major center of colonial wading bird and seabird nesting in all of the United States. Within those three intervening decades, however, the
Hobdari, Bersant; Gregoric, Aleksandra; Sinani, Evis
This paper investigates how different types of owners influence the extent of firm internationalization, measured by the share of firm exports in total sales. The results of the analysis carried out using firm level data of Estonian and Slovenian firms, show that the firms under the control...... in internationalization process. Finally, high market share also leads to increased internationalization through exports as firms seek to expand in foreign markets after having dominated the domestic ones....
Farooq, Omar; Aguenaou, Samir
Does the traffic generated by websites of firms signal anything to stock market participants? Does higher web-traffic translate into availability of more information and therefore lower agency problems? And if answers to above questions are in affirmative, does higher web-traffic traffic translate...... into better firm performance? This paper aims to answer these questions by documenting a positive relationship between the extent of web-traffic and firm performance in the MENA region during the 2010. We argue that higher web-traffic lowers the agency problems in firms by disseminating more information...... to stock market participants. Consequently, lower agency problems translate into better performance. Furthermore, we also show that agency reducing role of web-traffic is more pronounced in regimes where information environment is already bad. For example, our results show stronger impact of web...
HENDRIKX, Karolien; VOORDECKERS, Wim; LAMBRECHTS, Frank
Many organizational change efforts don’t live up to their expectations, with inefficiencies in the interaction process between organizational actors as one of the main potential reasons for this failure. Therefore, this paper will focus on the impact of interaction processes on change within the specific organizational context of family firms. Family firms are particularly interesting for organizational change research since they have several unique characteristics that may facilitate or hind...
Full Text Available Rapid challenges and changes that are an integral part of the business environment require from the enterprises to plan carefully their business, as well as to assess the probability of occurrence and outcome of future events. The importance of this approach is even more evident in the field of agribusiness, which is characterized by the increasingly unfavorable business conditions along with numerous specificities and limitations typical for agricultural activity. It is primarily about the growing business costs on one side and disproportionate changes in the level of agricultural products' selling prices on the other one. The enterprises form a supply chain in order to reduce risk and uncertainty, to realize the production of high-quality products at competitive prices, to maintain and increase the market share. The realization of such complex goals requires an adequate approach to the budgeting process. The aim of the paper is to highlight the importance, achievements and challenges of budgeting as an instrument of management accounting and strategic budget in order to support management in their efforts of acquiring and improving the competitiveness of the entire supply chain.
Rodrigo da Cruz de Araujo
Full Text Available The advance of agribusiness in the Amazon has been the subject of debate and controversy. If on one hand it is an activity of great economic significance for the country, on the other hand can leads to various environmental impacts and thus compromise the sustainable development of the region. This paper aimed to contrast the positive and negative aspects of the activity, through a bibliographic-analytical research. The analysis concluded that the preservationism does not seem realistic and feasible, because ecosystems are always and inevitably altered to meet the resource demands for mankind. At the same time, this supply cannot happen in a disorganized and random way, without the least care criteria that ensure the future availability of such resources. It was concluded that the high yield provided by livestock and agricultural industry makes it very difficult the compliance of solutions that facilitate conservation only through "command and control", indicating that its association with additional mechanisms such as restriction of markets only to producers who effectively adopt environmental management on their properties forms a more effective set in combating deforestation.
Mauro Van Aken
Full Text Available In a context that has been reshaped in the last half a century by conflict and displacement, the peculiar borderland that divides the Jordanian east bank from the Occupied Territories in the West bank, has been transformed due to intensive rural modernisation, a process that has generated new ideas and values of work and of working persons. Palestinian refugees have settled among Jordanian Bedouins, the Ghawarneh tribe and after the 1970s, Egyptian labourers and a smaller Pakistani community and have shaped a context where terms of belonging are daily at work and overlap on the new agribusiness. The paper focuses on the different ideas and practices of work activated by local actors and their cultural understanding of the new categories of labour, cultural perceptions that are crucial part of local identity definitions and of social borders. A special focus on marginal communities helps in highlighting the hierarchy that has set up in the valley and the changing meanings of wage relations enmeshed in ethnic and class definitions.
Full Text Available Financing business growth of the SME sector and entrepreneurship, due to its characteristics, is in a specific position. The previously dominant model of financing and the lack of specific funding sources in Serbia, further complicate the possible solutions that lead to accelerated growth. In order to solve the accumulated problems of the transition process, it is essential that countries improve economic policy towards SMEs in the agribusiness and eco-tourism activities, and to facilitate the conditions for starting a business for entrepreneurs. In order for someone to invest capital he requires a guarantees from the state, since the state is not able to give them it's necessary to open agencies whose task would be to monitor the activities of these companies, to collect accounting information on the status and trends of invested capital, income and expenses, the number of employees and trends by sectors and to provide such information to entrepreneurs. Other than that, the state has to work on solving all barriers, as for domestic, so for foreign enterprises and work on the plan of safe realization of products and services, in country and outside, which will automatically increase the number of SME and the number of employed. This will increase the life standard of citizens in the long run.
Marinho, C D; Martins, F J O; Amaral Júnior, A T; Gonçalves, L S A; Amaral, S C S; de Mello, M P
We identified the commercial releases of genetically modified organisms (GMOs) in Brazil, their characteristics, the types of genetic transformation used, and the companies responsible for the development of these GMOs, classifying them into two categories: private companies, subdivided into multinational and national, and public institutions. The data came from the data bank of the national registration of cultivars and the service of national protection of cultivars of the Ministry of Agriculture, Fishing and Supply (MAPA). This survey was carried out from 1998 to February 12, 2011. Until this date, 27 GMOs had been approved, including five for soybean, 15 for maize and seven for cotton cultivars. These GMOs have been used for the development of 766 cultivars, of which, 305 are soybean, 445 are maize, and 13 are cotton cultivars. The Monsato Company controls 73.2% of the transgenic cultivars certified by the MAPA; a partnership between Dow AgroSciences and DuPont accounts for 21.4%, and Syngenta controls 4.96%. Seed supply by these companies is almost a monopoly supported by law, giving no choice for producers and leading to the fast replacement of conventional cultivars by transgenic cultivars, which are expensive and exclude small producers from the market, since seeds cannot be kept for later use. This situation concentrates production in the hands of a few large national agribusiness entrepreneurs.
Fogleman, S.F.; Fisher, L.A.; Black, A.R.
A brief summary is given of the results of a previously reported study designed to evaluate the costs and viability of combined thermodynamic and biologic cycles in a system known as the Total Energy Recovery System for Agribusiness (TERSA). This conceptual system involved the combined geothermally assisted activities of greenhouse crop and mushroom growing, fish farming, and biogas generation in an integrated biologic system such that the waste or by-products of each subsystem cycle were recovered to service input needs of companion cycles. An updated direct use geothermal system based on TERSA that is viable for implementation in Lake County is presented. Particular consideration is given to: location of geothermal resources, availability of land and irrigation quality water, compatibility of the specific direct use geothermal activities with adjacent and local uses. Private interest and opposition, and institutional factors as identified. Factors relevant to local TERSA implementation are discussed, followed by sites considered, selection criteria, site slection, and the modified system resulting. Particular attention is paid to attempt to make clear the process followed in applying this conceptual design to the specific task of realistic local implementation. Previous publications on geothermal energy and Lake County are referenced where specific details outside the scope of this study may be found. (JGB)
Full Text Available In Taiwan agriculture, most of the production management is done by paperwork. This kind of approach is labor-costing, and unable to give real-time information, which makes it difficult to disclose sufficient information from production, and therefore results in the problem of food safety. To break the bottleneck, the Institute for Information Industry (III develops the Smart Agri-management Platform (S.A.M.P., providing cloud services for agricultural production and sale management. In this paper, we adopt the S.A.M.P. to collect farming records containing images, date, field location, and task name. Traditionally, farming records are used to generate a table of texts for traceability. However, it is difficult to arouse the interest from customers by merely using texts. Therefore, this paper proposes the mechanism of farming slideshow, a new presentation of traceability by dynamic arrangement to farming records on S.A.M.P. The experiment is performed in the Yongling organic farm in Kaohsiung, generating over 30,000 vegetable packages supporting farming slideshow. According to 42 valid questionnaires from customers, 83% of them express higher willing to buy products with farming slideshow than those with only texts. Therefore, food traceability with slideshow can offer benefit to agri-business marketing, which is a positive reference for future agriculture.
Gasperini, Frank A
The emerging, next generation of people engaged as managers in agriculture differs from the "baby boomer" farm generation that relishes certain traditions and an agrarian lifestyle. These futuristic producers and managers have been raised in a society that promulgates safety environment rules. They have witnessed lives saved by automobile seatbelts and lives improved from clean air and water. They know the basic cost of effective safety compliance is relatively fixed, regardless of the number of employees, and they are willing to invest resources that ensure a culture of safety, because it is economically beneficial, socially responsible, and probably required by the companies to whom they need to market their products. These same millennials understand that society and their customers will not continue to tolerate the high rate of agricultural injuries and deaths indefinitely. Public policy as a means to improve agricultural workers' safety and health is likely to be less resisted by the next generation of farmers, ranchers, producers, and agribusiness leaders who, regardless of legal or regulatory pressure, will implement internal business policies emphasizing safety, health, sustainability, and social justness as they understand it.
Full Text Available Financing agribusiness by warehouse receipts allows the agricultural producers to obtain working capital on the basis of agricultural products stored in licensed warehouses, as collateral. The implementation of the system of licensed warehouses and issuance of warehouse receipts as collateral for obtaining a bank loan is supported by the European Bank for Reconstruction and Development and it has had positive results in the neighbouring countries. The precondition for financing this project was to establish a Compensation Fund for providing insurance coverage for licensed warehouses against professional liability. However, in the lack of an adequate legal framework, the operational risk is possible to occur. Bearing in mind that Serbia has a tradition in insurance industry and a number of operating insurance companies, the issue is that of the economic benefit and the method of insuring against this risk. The paper will present a detailed analysis of the operation of the Fund, capital requirement, solvency margin and a critical review of the Law on Public Warehouses which regulates the rights and obligations of the Compensation Fund in the case of loss occurrence.
Schröder, Philipp; Sørensen, Allan
The dynamics of export market exit and firm closure have found limited attention in the new heterogeneous-firms trade literature. In fact, several of the predictions on firm survival and exit stemming from this new class of models are at odds with the stylized facts. Empirically, higher productiv......The dynamics of export market exit and firm closure have found limited attention in the new heterogeneous-firms trade literature. In fact, several of the predictions on firm survival and exit stemming from this new class of models are at odds with the stylized facts. Empirically, higher...... productivity firms survive longer, most firm closures are young firms, higher productivity exporters are more likely to continue to export compared to less productive exporters and market exits as well as firm closures are typically preceded by periods of contracting market shares. The present paper shows...... liberalization on export market exit and firm closure....
Louisiana Geographic Information Center — This GIS raster grid data set illustrates FEMA Q3 floodplain data for 34 of 35 parishes in the Louisiana Speaks Regional Plan South Louisiana study area. The data...
Louisiana Geographic Information Center — This GIS shapefile data set illustrates land use data for the 35 parishes in the Louisiana Speaks Regional Plan South Louisiana study area. The data set includes...
... Environmental Impact Statement for the Louisiana Coastal Area (LCA)--Louisiana, Mississippi River Hydrodynamic... impact statement (EIS) for the Louisiana Coastal Area (LCA)--Louisiana, Mississippi River Hydrodynamic... tiered off of the November 2004, programmatic EIS for the Louisiana Coastal Area (LCA), Louisiana...
This study aims to examine the effect of family control, firm size, firm risk, and firm lifecycle towards profitability and firm's value. Sampels were taken from 27 consumer goodscompanies, listed in Indonesia Stock Exchange, ranging from 2010 – 2012. The hypotheseswere tested using multiple regression analysis. In this study, profitability was measured byROA (Return on Asset) and firm's value was measured by Tobin's q. The result were, familycontrol and life cycle stage-growth had negative i...
Bouckaert, J.M.C.; Kort, P.M.
The merger incentives between profitable firms differ fundamentally from the incentives of a profitable firm to merge with a failing firm. We investigate these incentives under different modes of price competition and Cournot behavior. Our main finding is that firms strictly prefer exit of the
... 40 Protection of Environment 30 2010-07-01 2010-07-01 false Firm certification. 745.89 Section 745... § 745.89 Firm certification. (a) Initial certification. (1) Firms that perform renovations for compensation must apply to EPA for certification to perform renovations or dust sampling. To apply, a firm must...
G.W.J. Hendrikse (George)
textabstractA model based on differences between workers regarding their preferences for wage and leisure drives the heterogeneity of firms result. The more industrious workers are driven to small firms due to free riding in large firms. An industry consisting of small and large firms turns out to
Sonia D. Bot
Full Text Available Technology-based entrepreneurial firms must effectively support both mainstream exploitation and new-stream exploration in order to remain competitive for the long term. The processes that support exploitation and exploration initiatives are different in terms of logistics, payoff horizons, and capabilities. Few firms are able to strike a balance between the two, where mainstream exploitation usually trumps new-stream exploration. The ultimate goal is for the firm to operate effectively in a repeatable, scalable, and systematic manner, rather than relying on good luck and hoping either to come up with the next innovation or for the product to function according to its requirements. This article builds on the author’s years of experience in building businesses and transforming medium and large-sized, entrepreneurial technology firms, leading large-scale breakthrough and sustained performance improvements by using and evolving Lean Six Sigma methodologies, and reviews of technology innovation management and entrepreneurship literature. This article provides a process-based perspective to understanding and addressing the issues on balancing mainstream exploitation and new-stream exploration in medium and large-sized entrepreneurial firms and extending it to startups. The resulting capability is known as process ambidexterity and requires disciplined, agile, and lean business management.
Louisiana Geographic Information Center — This dataset contains vector line map information of various pipelines throughout the State of Louisiana. The vector data contain selected base categories of...
Louisiana Geographic Information Center — These data were automated to provide a suitable geographic information system (GIS) data layer depicting the historical shoreline for Louisiana. These data are...
Louisiana Geographic Information Center — The dataset defines the location and supplemental information for marinas and boat launches in southern Louisiana. The boat launch database includes public and...
Part I of the article discusses the fundaments of family firms: the prevalence of and the agency conflicts within family firms. Part II summarizes the findings of recent U.S. family firm studies. It reviews the evidence on the family firm premium (how, which, and when family firms are associated with a valuation premium, the manifestation of the agency conflict between majority and minority shareholders in family firms, earnings quality and corporate disclosure, and the determinants of family ownership and control. Part III discusses the prevalence and characteristics of Chinese family firms and reviews the findings of related studies. The article concludes with some suggestions for future research.
Huck, Steffen; Lünser, Gabriele K.; Tyran, Jean-Robert
Arguing that consumers are the carriers of firms' reputations, we examine the role of consumer networks for trust in markets that suffer from moral hazard. When consumers are embedded in a network, they can exchange information with their neighbours about their private experiences with different ...... sellers. We find that such information exchange fosters firms' incentives for reputation building and, thus, enhances trust and efficiency in markets. This efficiency-enhancing effect is already achieved with a rather low level of network density......Arguing that consumers are the carriers of firms' reputations, we examine the role of consumer networks for trust in markets that suffer from moral hazard. When consumers are embedded in a network, they can exchange information with their neighbours about their private experiences with different...
Rasmussen, Palle; Nielsen, Peter
to innovation and illustrates how combinations of these might benefit firm performance. It also stresses the preconditions of employee involvement and participation to knowledge management and not least the importance of interaction with environmental resources. To improve performance firms should be aware......Purpose – The purpose of this paper is to set focus on, and discuss the concept of knowledge, and show how the interrelations between knowledge and other concepts, such as learning, have become a decisive element in managing human resources and firm performance. Design....../methodology/approach – The dimensions of knowledge management are identified and related to learning, organizational configurations, human resources management and institutional environments in order to identify and percent the most important approaches to knowledge management and the development over time. Findings – Creating...
Bjuggren, Per-Olof; Palmberg, Johanna
This paper investigates the entrepreneurial spirit in Swedish listed family firms. We associate family firms with entrepreneurship in the sense that there is an identifiable person that takes the uninsurable risk in the sense of Knight. This paper analysis two questions: Do entrepreneurial family firms have a higher rate of growth and do they invest in a more profit maximizing fashion than other listed firms? The analysis shows that entrepreneurial family firms in general are smaller in terms...
Allen, Franklin; Carletti, Elena; Marquez, Robert
In countries such as Germany, the legal system is such that firms are necessarily stakeholder oriented. In others like Japan social convention achieves a similar effect. We analyze the advantages and disadvantages of stakeholder-oriented firms that are concerned with employees and suppliers compared to pure shareholder-oriented firms. We show that in a context of imperfect competition stakeholder firms have higher prices and lower output than shareholder-oriented firms. Surprisingly, we also ...
Hartigh, den E.; Langerak, F.; Zegveld, M.A.; Geenhuizen, van M.; Trzmielak, D.M.; Gibson, D.V.; Urbaniak, M.
In many markets and firms, positive feedback effects play an important role. Positive feedback effects mean that there is a tendency for that which is ahead to get further ahead, and for that which loses advantage to lose further advantage (Arthur, 1996). Such positive feedback effects result from
Kramer, S.T.; Georgakopoulos, G.; Sotiropoulos, I.; Vasileiou, K.Z.
This study aims to contribute to the debate around the possibility of mandating audit firm rotation. Specifically, it examines conservatism as an attribute of earnings quality, which has not attracted particular attention in the auditor rotation research. Applying regression analyses on a sample,
that a conjoint research program, encompassing both transaction costs and capabilities, must be developed and tested empirically. Cet article discute les limites d'une explication de l'existence de la firme fondée exclusivement sur les coûts de transaction en indiquant quelques facteurs additionnels susceptibles...... d'intervenir. Un modèle heuristique simple montre que les effets d'apprentissage spécifiques à la firme peuvent surmonter les coûts de surveillance des employés et expliquer l'existence de la firme même en l'absence de coûts de transaction liés au mode d'organisation de marché. Une comparaison de l......'importance relative des explications fondées sur les coûts de transaction et celles fondées sur les compétences en ce qui concerne l'existence de la firme montre qu'il n'y a aucune raison a priori de supposer la suprématie d'un type d'explication à l'autre. Nous soutenons qu'un programme de recherche conjoint...
Anna Antonovna Anfinogentova
Full Text Available The article is devoted to the research and development of quality evaluation methods of agro-industrial enterprises activity in the regional economy with the use of the ecological approach. The hypothesis of the study is that the activity of the economic entities (as well as of agribusiness must be assessed not only in the context of economic efficiency and effectiveness, but also in the context of environmental ethics and environmental aggression. As the initial data, we have used the indicators of economic statistics of Russian agrarian-oriented regions, as well as the data received from management reporting on the sample of enterprises of three regions (the Belgorod and Moscow regions, Krasnodar Territory. The article offers the economic and mathematical approach for measuring the level of the environmental responsibility of agro-industrial enterprises on the basic formula of the Mandelbrot set and statistical indicator of Hurst. Our scientific contribution is the development of a modified methodology for assessing the quality of the activity of agro-industrial enterprises using the parameter characterizing the level of environmental ethics and environmental aggression of these entities. The main result of the study is the approbation of the method, which has shown its practical applicability and relative coherence with certain indicators of regional ecological statistics. The proposed method is characterized by the integration of the different mathematical approaches and as an adaptive assessment tool that can be used to assess the quality of the activity of both agro-industrial enterprises and enterprises of other industries and fields of the economy. In the further works, the authors plan to develop methodological approaches to the assessment of the quality of agro-industrial products. At the same time, the main attention will be paid to the ecological and social component of the quality.
Wilderom, C.P.M.; van den Berg, P.
In this study, we tested part of the resource-based view of the firm by examining two 'soft' resources, firm culture and top leadership, as predictors of 'hard' or bottom-line firm performance.Transformational top leadership was found to predict firm performance directly while the link between firm
M.W. Roza-van Vuren (Marja)
textabstractHow do offshoring strategies impact firm performance? And how are innovation, absorptive capacity and firm size influencing this relationship? This research investigates how firms of varying size, well-established firms and growing firms may profit from relocating business activities to
Louisiana Geographic Information Center — This is a data set of point emission sources of volatiles from operations that have Standard Industrial Classification (SIC) code 2911, Petroleum Refining....
Department of Energy (DOE) has prepared an Environmental Assessment (EA), DOE/EA-0789, evaluating the environmental impacts of construction and operation of a Biomedical Research Institute (BRI) at the Louisiana State University (LSU) Medical Center, Shreveport, Louisiana. The purpose of the BRI is to accelerate the development of biomedical research in cardiovascular disease, molecular biology, and neurobiology. Based on the analyses in the EA, DOE has determined that the proposed action does not constitute a major Federal action significantly affecting the quality of the human environment within the meaning of the National Environmental Policy Act of 1969 (NEPA). Therefore, the preparation of an Environmental Impact Statement is not required
Q. Zhang (Quxian)
textabstractAcquisitions made by distressed firms in recent years are economically important. This paper explores the rationale behind such acquisitions using a natural experiment. Exploiting a recent tax change which reduces debt restructuring costs for certain creditors and decreases bankruptcy
Levy, Margi; Powell, Philip
Globally, Small and Medium-sized Enterprises (SMEs) are encouraged, particularly by governments, to embrace c-business. Fully adopting e-business involves substantial change in firms, both internally and externally. However, there is little understanding of the mechanisms by which such business
Jacobson, Tor; Linde, Jesper; Roszbach, Kasper
This paper studies the relationship between macroeconomic fluctuations and corporate defaults while conditioning on industry affiliation and an extensive set of firm-specific factors. By using a panel data set for virtually all incorporated Swedish businesses over 1990-2009, a period which includes
Knudsen, Thorbjørn; Koed Madsen, Tage
lead to strategic advantage and, thus, economic gains at the firm level. In view of the great importance of this claim, the purpose of the present article was to apply resource-based insights in order to develop this reasoning further and provide an empirical test of three hypotheses related...
Notes that American research has paid relatively little attention to prospects for adapting disability management practices to financial and management environment of smaller employers. Compares large and small firms in terms of employer disability practices and characteristics of disabled workers; discusses barriers to rehabilitation and…
Full Text Available Discretionary firm donation is usually related to the stakeholder theory and corporate social performance. Although theoretical explanations for this social behavior are pervasive in related literature, empirical modeling remains underdeveloped. We developed an explanatory structural model of discretionary firm donation using firm and industry level indicators. Unlike previous research, we estimated the explanatory power of the construct we called stakeholder orientation. Our tentative model was tested on a Brazilian sample of 101 publicly traded donor firms, using data on firm donations to social projects and to political candidates in electoral campaigns. The main results suggest that discretionary donation seems to be a strategy for managing conflicting claims in highly stakeholder oriented firms; the characteristics of the firm are more important than industry effects in explaining firm donations; and large firms, showing slack resources, and with a less concentrated ownership structure tend to engage in discretionary donation more intensively.
Deng, Paul Duo; Jefferson, Gary H.
We adopt the framework of Schumpeterian creative destruction formalized by Aghion et al. (2009) to analyze the impact of foreign entry on the productivity growth of domestic firms. In the face of foreign entry, domestic firms exhibit heterogeneous patterns of growth depending on their technologic...... manufacturing. Our empirical results confirm that foreign entry indeed generates strong heterogeneous growth patterns among domestic firms.......We adopt the framework of Schumpeterian creative destruction formalized by Aghion et al. (2009) to analyze the impact of foreign entry on the productivity growth of domestic firms. In the face of foreign entry, domestic firms exhibit heterogeneous patterns of growth depending on their technological...... distance from foreign firms. Domestic firms with smaller technological distance from their foreign counterparts tend to experience faster productivity growth, while firms with larger technological distance tend to lag further behind. We test this hypothesis using a unique firm-level data of Chinese...
Santos, Maria Betania Gama; Monteiro, Luciano Fernandes [Universidade Federal de Campina Grande (UFCG), PB (Brazil). Unidade Academica de Engenharia de Producao], E-mail: firstname.lastname@example.org; Silva, Mozaniel Gomes; Mota, Jeane Karla de Mendonca [Universidade Federal de Campina Grande (UFCG), PB (Brazil); Silva, Itamar Ferreira da [Universidade Federal de Campina Grande (UFCG), PB (Brazil). Unidade Academica de Desenho Industrial
This article objectified to analyze the influence of the appearance of great reserves of oil in the layer daily pay-salt and its consequences in the Brazilian agribusiness, raising the possibility of occurrence of the 'dutch illness' and the impacts in the production of ethanol, that before the daily pay-salt, were one of the great products of Brazil. In case that the expectation is confirmed, Brazil could be between the six countries that possess the biggest reserves of the world. The results point with respect to a little steady scene, case the country if it becomes a great exporter of crude oil. One of the great problems for the agribusiness will be related with the fall of the exportations of the agricultural and industrialized products, when the country will start to import more, in view of the cambial valuation, for the fortified currency. It will be able to have an impact of the displacement of the workmanship's agriculture for the sector of services, and the valuation of the wages, reducing the edge of profit of the agricultural producers. This movement will tend to increase the unemployment tax of the country throughout the time. It is defined one public politics for fuel sector. It is considered that one public politics for the fuel sector is defined to prevent experiences as of the Brazilian Program of Alcohol, that extinct had to the international quotations of oil. (author)
Strandskov, Jesper; Madsen, Tage Koed; Pedersen, Bent
The paper develops an integrative ownership-internationalization model that explores the influences of various owner types (i.e. investor-owned firms, family-owned firms, employee-owned firms, cooperative–owned firms, and state-owned firms) on firm internationalization. Based on a comparative...... analysis of the various owner types, we discuss how each owner group’s main objectives, risk behavior and provision of resources influence their internationalization strategies and decisions (i.e. scale, scope and speed decisions)....
Full Text Available Among all international trade models, only The Firm Based Trade Models explains firm’s action and behavior in the world trade. The Firm Based Trade Models focuses on the trade behavior of individual firms that actually make intra industry trade. Firm Based Trade Models can explain globalization process truly. These approaches include multinational cooperation, supply chain and outsourcing also. Our paper aims to explain and analyze Turkish export with Firm Based Trade Models’ context. We use UNCTAD data on exports by SITC Rev 3 categorization to explain total export and 255 products and calculate intensive-extensive margins of Turkish firms.
Foss, Nicolai Juul
The study of entrepreneurship and the study of economic organizing lack contact. In fact, the modern theory of the firm virtually ignores entrepreneurship, while the literature on entrepreneurship often sees little value in the economic theory of the firm. In contrast, we argue in this chapter...... that entrepreneurship theory and the theory of the firm can be usefully integrated, and that doing so would improve both bodies of theory. Adding the entrepreneur to the theory of the firm provides a dynamic view that the overly static analysis of firm organizing cannot support. Moreover, adding the firm to the study...... of the entrepreneur provides important clues to how we can understand entrepreneurship....
Louisiana State Dept. of Employment Security, Baton Rouge
Employment in eating and beverage establishments has grown tremendously in Louisiana. In 1940, United States Census figures showed that 18,400 were employed in the industry, and by 1969, the number had increased to 31,000. The situation in Louisiana may not be typical of other states because of a sharp increase in catering services to offshore oil…
D. Craig Rudolph; Christopher A. Melder; Josh Pierce; Richard R. Schaefer; Beau Gregory
The Louisiana Pine Snake (Pituophis ruthveni) is a large-bodied constrictor endemic to western Louisiana and eastern Texas (Sweet and Parker 1991). Surveys suggest that the species has declined in recent decades and is now restricted to isolated habitat patches (Reichling 1995; Rudolph et al. 2006). Pituophis ruthveni is listed as...
Louisiana's land, coast, and inland waterways are home to many natural resources such as seafood, petroleum, natural gas, and timber--and freshwater crawfish, or "mudbugs" as the locals like to call them. These natural resources are vital to Louisiana's economy. The author describes a unit of study on economics in which a teacher taught…
Hutchings, Jessica; Willey, Malia
This article reports on a 2012 survey conducted by members of the Louisiana Academic Library and Information Network Consortium (LALINC) to determine the status of the curricular integration of information literacy instruction following numerous budget cuts to Louisiana higher education since 2008. The article also discusses the 2012 deletion of…
... have determined that the damage in certain areas of the State of Louisiana resulting from Hurricane... following areas of the State of Louisiana have been designated as adversely affected by this major disaster..., Disaster Housing Assistance to Individuals and Households In Presidentially Declared Disaster Areas; 97.049...
Josh B. Pierce; D. Craig Rudolph; Shirley J. Burgdorf; Richard R. Schaefer; Richard N. Conner; John G. Himes; C. Mike Duran; Laurence M. Hardy; Robert R. Fleet
Despite concerns that the Louisiana Pine Snake (Pituophis ruthveni) has been extirpated from large portions of its historic range, only a limited number of studies on their movement patterns have been published. Winter movement patterns are of particular interest since it has been hypothesized that impacts of management practices would be reduced during the winter....
Mid-Hudson Migrant Education Center, New Paltz, NY.
Written in Spanish, this guide comprises the third grade unit of a career education curriculum developed for migrant students. The guide covers 11 jobs in the public services and agribusiness fields--nursing aide, sanitation worker, mail carrier, librarian, fire fighter, police officer, gardener, farmer, logger, miner, and forest ranger. Student…
A series of statements taken from Louisiana newspapers are clarified or corrected. The majority of the statements were made by Dr. J. Robert Kemmerly, a Minden, Louisiana, physician, Mr. R. H. Manning of Minden, Louisiana, and Representative L. G. LaPlante of Cutoff, Louisiana
Full Text Available We study the association between family CEO and firm value on a sample of 288 family firms during the 6-year period, from 2009 to 2014. The sample is drawn from domestic private companies belonging to non-financial services sector included in the NSE CNX 500 index. We find that family CEO has no significant association with firm value, when the family is not the majority shareholder. Family shareholding has positive relationship with firm value, but does not moderate the relationship of family CEO with firm value. We show that family CEO and firm value are negatively related when the family does not hold majority equity stake in the family firm. While family shareholding has no significant relationship with firm value, it has a negative interaction effect on the relationship between family CEO and firm value. The research findings have important implications for family firms as well as the nonfamily investors in the family firms.
Fattoum-Guedri, Asma; Guedri, Zied; Delmar, Frédéric
This study examines how multiple blockholder structures affect family firm performance. Building on arguments from both principal–principal agency and familiness perspectives, we suggest that asymmetrical distribution of voting power among family and nonfamily blockholders hurts firm performance....
Full Text Available What happens to firms during periods of deep economic crisis? Did different types of firms perform differently under the economic crisis? With the aid of a rich database and focusing on the literature regarding the growth of firms, this paper investigates the relative profitability performance of Italian firms during the current economic crisis, exploring those factors, which help certain firms to do relatively better even in the slowdown period. Some preliminary results show that the Italian firms that are relatively young in age, with relatively better current liquidity and more focused on domestic market have performed better than other firms. Furthermore, firms operating in high-tech and in highly concentrated sectors have enjoyed a better performance in this period.
propose an aspirational community theory of the firm (ACT) as a candidate theory by conceptualizing the firm as an aspirational community, the core of which is a group of like-minded people sharing similar or same aspiration/vision. To explain the existence of the firm, we make a distinction between......All of the three major theories of the firm, i.e., the transaction cost theory, knowledge-based theory and the entrepreneurship theory, offer some insightful analyses of the nature of the firm. However, they all have limitations and weaknesses in answering the fundamental question of the existence...... of the firm. In addition, they are all partial due to their particular focus on the multifaceted phenomenon of the firm. We argue that it is necessary and sufficient to develop a comprehensive yet integrative theory of the firm that combines the three competing yet complementary logics. Toward this end, we...
Dolfsma, Wilfred; Chong-Simandjuntak, Liza; Geurts, Amber
Firm survival or reproduction does not occur as a matter of course. Especially under circumstances in which uncertainty and equivocality prevail is firm reproduction potentially problematic. Uncertainty prevails when there is insufficient or inadequate information to assess a situation, equivocality
How economic crises impact the boundaries of firms has been offered virtually no attention in the literature on the theory of the firm. I review the best-known theories of the firm and identify the variables that matter for the explanation of firm boundaries. I then examine how an economic crisis...... may impact these variables and change efficient firm boundaries. The various theories of the firm have difficulties explaining how firms efficiently adapt their boundaries to such prominent characteristics of economic crisis as declining demand and increased costs of external finance. However, all...... these theories stress uncertainty as an antecedent of firm organization, and as uncertainty is also an important characteristic of an economic crisis I examine how uncertainty is allowed to play out in the various theories in order to identify what predictions we can derive from the theory regarding changes...
The investment decision is part of a companies’ investment strategy. Defined as a logical set of technical and economic information, the investment strategy determines the main objectives of the firm regarding its investments, based on studies, analysis and simulations. It also establishes the actions to be undertaken in order to achieve the objectives, methods of achieving them, sources of funding and resource allocation methods. Still, all these are influenced by several factors. The invest...
Hans Ulrich Bacher; Marius Brülhart
Tax reform proposals in the spirit of the 'flat tax' model typically aim to reduce three parameters: the average tax burden, the progressivity of the tax schedule, and the complexity of the tax code. We explore the implications of changes in these three parameters on entrepreneurial activity, measured by counts of firm births. The Swiss fiscal system offers sufficient intra-national variation in tax codes to allow us to estimate these effects with considerable precision. We find that high ave...
Ulhøi, John Parm; Madsen, Henning
Taking the stakeholder concept of the firm as a starting point, the paper presents data and analyses from a longitudinal study initiated in 1995 and repeated every four years. In discussing state-of-the-art insights and experiences, the paper identifies challenges which, if adequately addressed......, reducing it to a question of self-regulated eco-modernist actions. In closing, the paper addresses implications for academia and industry....
Hull Kristensen, Peer; Morgan, Glenn
Multinationals are faced with the problem of how to coordinate different actors and stop `fiefdoms' emerging that inhibits the achievement of transnational cooperation? We identify this as a problem of `constitutional ordering' in the firm. Drawing on Varieties of Capitalism approaches, we explore...... how multinationals from different contexts seek to create constitutional orders. We argue that the models which exist appear to be destructive of coordination. We explore the implications for MNCs....
Barrios Cobos, Salvador; Huizinga, Harry; Laeven, Luc; Nicodème, Gaëtan J.A.
Using a large international firm-level data set, we estimate separate effects of host and parent country taxation on the location decisions of multinational firms. Both types of taxation are estimated to have a negative impact on the location of new foreign subsidiaries. In fact, the impact of parent country taxation is estimated to be relatively large, possibly reflecting its international discriminatory nature. For the cross-section of multinational firms, we find that parent firms tend to ...
... 10 Energy 4 2010-01-01 2010-01-01 false Commercial firm. 603.1230 Section 603.1230 Energy... Used in this Part § 603.1230 Commercial firm. A for-profit firm or segment of a for-profit firm (e.g., a division or other business unit) that does a substantial portion of its business in the commercial...
Contò, Francesco; Santini, Cristina; La Sala, Piermichele; Fiore, Mariantonietta
Market orientation plays a crucial role in reinforcing firm's competitive advantage; nevertheless, marketing myopia can negatively affect a clear perception of the market. An organization that defines itself by product rather than by market terms is probably affected by marketing myopia, a narrowness of mind towards any newness - newness respect to firms' convincement and routines - coming from the external environment. In that context some scientific relevant developments that comes from recent patents have been considered. This paper explores the determinants of marketing myopia in the Apulia wine business (South Italy). The aim of this paper is to describe how experiential research based on Consumer Science research tools, can facilitate a better market knowledge. Experimental sessions carried out in 2013 in Apulia with a group of professionals from the oil and wine sectors clearly demonstrate how country of origin effect can improve marketing myopia. Through a protocol based on an "academicians - practitioners" model, professionals can be facilitated in their strategy formulation.
R. Shen (Rui); Y. Tang (Yi); Y. Zhang (Ying)
textabstractThis study examines the relationship between firm innovation and CSR. Stakeholders’ concern over transaction-specific investments exacerbates when firms engage heavily in innovation activities. To secure stakeholders’ support, firms adopt CSR effectively as an ex ante signal of
Barrett, Rowena; Neeson, Robyn; Billington, Leo
Purpose: The purpose of this paper is to explore what owners of small firms are looking for from new employees. The aim is to pursue this in light of the debate around formality and informality of small firm HRM, exploring the extent to which the small firms studied had formalized HRM practices. Design/methodology/approach: The data reported here…
Andres, C.; Betzer, A.; Goergen, M.; Renneboog, L.D.R.
Abstract: German firms pay out a lower proportion of their cash flows, but a higher proportion of their published profits than UK and US firms. We estimate partial adjustment models and report two major findings. First, German firms base their dividend decisions on cash flows rather than published
Andres, C.; Betzer, A.; Goergen, M.; Renneboog, L.D.R.
German firms pay out a lower proportion of their cash flows, but a higher proportion of their published profits than UK and US firms. We estimate partial adjustment models and report two major findings. First, German firms base their dividend decisions on cash flows rather than published earnings as
... 7 Agriculture 2 2010-01-01 2010-01-01 false Firm. 51.893 Section 51.893 Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing... Standards for Grades of Table Grapes (European or Vinifera Type) 1 Definitions § 51.893 Firm. Firm means...
... 7 Agriculture 2 2010-01-01 2010-01-01 false Fairly firm. 51.705 Section 51.705 Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing... § 51.705 Fairly firm. Fairly firm as applied to common oranges, means that the fruit may be slightly...
... 7 Agriculture 2 2010-01-01 2010-01-01 false Firm. 51.1551 Section 51.1551 Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing... Standards for Grades of Potatoes 1 Definitions § 51.1551 Firm. Firm means that the potato is not shriveled...
... 7 Agriculture 2 2010-01-01 2010-01-01 false Fairly firm. 51.1831 Section 51.1831 Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing... Standards for Grades of Florida Tangerines Definitions § 51.1831 Fairly firm. Fairly firm means that the...
... 7 Agriculture 2 2010-01-01 2010-01-01 false Firm. 51.696 Section 51.696 Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing... § 51.696 Firm. Firm as applied to common oranges, means that the fruit is not soft, or noticeably...
... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Firm commitments. 200.47 Section 200.47 Housing and Urban Development Regulations Relating to Housing and Urban Development (Continued... Eligibility Requirements for Existing Projects Commitment Applications § 200.47 Firm commitments. A valid firm...
... 7 Agriculture 2 2010-01-01 2010-01-01 false Fairly firm. 51.774 Section 51.774 Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing... Standards for Grades of Florida Grapefruit Definitions § 51.774 Fairly firm. Fairly firm means that the...
... 7 Agriculture 2 2010-01-01 2010-01-01 false Firm. 51.1156 Section 51.1156 Agriculture Regulations... Standards for Grades of Florida Oranges and Tangelos Definitions § 51.1156 Firm. Firm as applied to common... oranges of the Mandarin group (Satsumas, King, Mandarin), “firm” means that the fruit is not extremely...
... 7 Agriculture 2 2010-01-01 2010-01-01 false Fairly firm. 51.2843 Section 51.2843 Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing... Fairly firm. Fairly firm means that the onion may yield slightly to moderate pressure but is not...
... 7 Agriculture 2 2010-01-01 2010-01-01 false Firm. 51.634 Section 51.634 Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing...) Definitions § 51.634 Firm. Firm means that the fruit is not soft, or noticeably wilted or flabby, and the skin...
... 7 Agriculture 2 2010-01-01 2010-01-01 false Fairly firm. 51.1012 Section 51.1012 Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing... Standards for Persian (Tahiti) Limes Definitions § 51.1012 Fairly firm. Fairly firm means that the fruit is...
... 7 Agriculture 2 2010-01-01 2010-01-01 false Firm. 51.1353 Section 51.1353 Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing... Standards for Pears for Canning Definitions § 51.1353 Firm. Firm means that the pear is fairly solid and...
... 7 Agriculture 2 2010-01-01 2010-01-01 false Fairly firm. 51.3204 Section 51.3204 Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing... Standards for Grades of Bermuda-Granex-Grano Type Onions Definitions § 51.3204 Fairly firm. Fairly firm...
... Firm Roundtable AGENCY: Securities and Exchange Commission. ACTION: Notice of roundtable discussion... advisory firms. The panel will be asked to discuss topics including the current state of proxy advisory firm use by investment advisers and institutional investors and potential changes that have been...
... 7 Agriculture 2 2010-01-01 2010-01-01 false Firm. 51.1006 Section 51.1006 Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing... Standards for Persian (Tahiti) Limes Definitions § 51.1006 Firm. Firm means that the fruit is not soft or...
... 7 Agriculture 2 2010-01-01 2010-01-01 false Firm. 51.1824 Section 51.1824 Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing... Standards for Grades of Florida Tangerines Definitions § 51.1824 Firm. Firm means that the flesh is not soft...
... 7 Agriculture 2 2010-01-01 2010-01-01 false Fairly firm. 51.1167 Section 51.1167 Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing... Standards for Grades of Florida Oranges and Tangelos Definitions § 51.1167 Fairly firm. Fairly firm as...
... 7 Agriculture 2 2010-01-01 2010-01-01 false Firm. 51.765 Section 51.765 Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing... Standards for Grades of Florida Grapefruit Definitions § 51.765 Firm. Firm means that the fruit is not soft...
... 7 Agriculture 2 2010-01-01 2010-01-01 false Fairly firm. 51.643 Section 51.643 Agriculture Regulations of the Department of Agriculture AGRICULTURAL MARKETING SERVICE (Standards, Inspections, Marketing...) Definitions § 51.643 Fairly firm. Fairly firm means that the fruit may be slightly soft, but not bruised, and...
Rand, John; Tarp, Finn
This paper uses a unique panel dataset on firm-level corruption. It contains quantitative information on bribe payments by a sample of formal and informal Vietnamese firms. We show that bribe incidence is highly associated with firm-level differences in (i) visibility, (ii) sunk costs, (iii...
Mark A. Gagnon; Pamela A. Heinrichs
This exploratory research examines the relationship between food entrepreneur sustainable orientation, mindset and firm sustainable practices in a mixed methods format. In particular we seek to address if entrepreneur behavior and firm practices are congruent with founding entrepreneur espoused support of sustainability. Our survey findings with thirty specialty food entrepreneurs suggest tenuous empirical support for the relationship of entrepreneur sustainable orientation, mindset and firm ...
Abeberese, Ama Baafra
The performance of firms is central to growth in developing economies. A burgeoning literature within development economics seeks to understand the behavior of firms in developing countries and the constraints to their performance. This dissertation explores two types of constraints---infrastructure-related constraints and trade-related constraints---faced by manufacturing firms in developing countries. Despite the widely acknowledged importance of infrastructure for economic growth, there has been relatively little research on how infrastructure affects the decisions of firms. Electricity, in particular, is commonly cited by firms in developing countries as a major obstacle to their performance. In the first two chapters, I analyze the responses of firms to two types of electricity constraints, namely electricity prices and electricity shortages. Chapter 1 provides evidence on how electricity prices affect a firm's industry choice and productivity growth using data on Indian manufacturing firms. I construct an instrument for electricity price as the interaction between the price of coal paid by power utilities, which is arguably exogenous to firm characteristics, and the initial share of thermal generation in a state's total electricity generation capacity. I find that, in response to an exogenous increase in electricity price, firms reduce their electricity consumption and switch to industries with less electricity-intensive production processes. I also find that firm output, machine intensity and labor productivity decline with an increase in electricity price. In addition to these level effects, I show that firm output and productivity growth rates are negatively affected by high electricity prices. These results suggest that electricity constraints faced by firms may limit a country's growth by leading firms to operate in industries with fewer productivity-enhancing opportunities. Chapter 2 examines the impact of electricity shortages on firm investment. I
Munch, Jakob Roland; Skaksen, Jan Rose
This paper studies the link between a firms education level, export performance and wages of its workers. We argue that firms may escape intense competition in international markets by using high skilled workers to differentiate their products. This story is consistent with our empirical results....... Using a very rich matched worker-firm longitudinal dataset we find that firms with high export intensities pay higher wages. However, an interaction term between export intensity and skill intensity has a positive impact on wages and it absorbs the direct effect of the export intensity. That is, we find...... an export wage premium, but it accrues to workers in firms with high skill intensities...
Madsen, Erik Strøjer; Smith, Valdemar; Nielsen, Anders Østergaard
Most countries focus on industries with high technology and the governments grant subsidies to innovating firms. However, there has been remarkable few studies of the performance of innovative firms or industries. This study examines the performance of patent active firms compared to the non-patenting...... firms within the manufacturing sector in Denmark. Performance is measured both by growth in employment as well as in the return on equity and profit share in turnover. The results suggest that differences in performance of patenting and non-patenting firms are very small, which questions the political...
Full Text Available The political uncertainty surrounded by the turnover of government officials has a major impact on local economies and local firms. This paper investigates the relationship between the turnover of prefecture-city officials and the inherent risk faced by local firms in China. Using data from 1999 to 2012, we find that prefecture-city official turnovers significantly increased firm risk. Our results show that the political risk was mitigated when new prefecture-city officials were well connected with their provincial leaders. In addition, the impact of political uncertainty was more pronounced for regulated firms and firms residing in provinces with low market openness.
Fatih Altunok; Arif Oduncu
The firm growth dynamics is an important topic since the growth performance of firms is the main source of the economic growth in countries. Generally, crises produce a sharp decline in firms’ growth and this leads to a decline in both the level of employment and the income of households. This paper focuses on the role of firm leverage on the growth performance of the firm during the global financial crisis. We investigate whether the firms that experienced a large leverage increase before th...
Pytlikova, Mariola; Pozzoli, Dario; Parrotta, Pierpaolo
/education significantly enhances firm performance as measured by firm TFP. Conversely, diversity in demographics and ethnicity brings mixed results – both dimensions of workforce diversity have either no or negative effects on firm TFP. Hence, it seems as if the negative effects, coming from communication and integration...... costs connected to a more demographically and culturally diverse workforce, counteract the positive effects of diversity on firm TFP, coming from creativity and knowledge spillovers. However, we find that ethnic diversity is valuable for firms operating in industries characterized by above-average trade...... openness, giving support to the hypothesis that an ethnically diverse workforce provides information and access to global markets....
Lai, Tat-kei; Ng, Travis
They do! Otherwise, their use would not have been so prevalent among firms. How much firm value they create, however, is still an open question. Exploiting a political event in the U.K. that suddenly raised the cost of using tax havens, we find that there was a 0.87% reduction in cumulative...... abnormal return (CAR) among the sampled firms, corresponding to about £532 million in market capitalization. The firms of stronger corporate governance registered a stronger reduction in CAR. A simple linear extrapolation suggests that the firm value contributed by tax havens can be as much as £31 billion....
understand the nature and behaviors of the firm, we need a comprehensive yet integrative theory. Toward this end, this paper proposes a relationship-based theory of the firm (R’BT) which claims that it is the relationships between the entrepreneur and other individuals or firms that determine the existence......This paper argues that the existing four major theories of the firm, i.e., the transaction cost theory, resource-based view, the entrepreneurial theory, and the stakeholder theory, are all insightful yet partial because each of them has a particular focus on the phenomenon of the firm. To better...
Smith, Nina; Smith, Valdemar; Verner, Mette
-observations for all Danish firms with more than 50 employees over the period 1994-2003, the analysis suggests that the proportion of women in top management jobs has from none to positive influence on firm performance. However, the results show that the strength of the effects of women in top management depends...... on how top CEOs are defined and on the method of estimation of the model. Next, the results point towards a positive influence on firm performance of the staff representation in the supervisory board of the firm but more women representing the shareholders in the supervisory board of the firm seems...
Louisiana Geographic Information Center — This data set was originally produced by the Coastal Management Division (CMD) of the Louisiana Department of Natural Resources in a cooperative agreement with the...
Pak-Wai Liu; Xiaokai Yang
In this paper a general equilibrium model is constructed to explain the emergence of firms and change in firm size by the tradeoff between economies of specialization and transaction cost. We show that firms emerge from the development of division of labor if the transaction efficiency for labor is smaller than that for intermediate goods. Given the emergence of firms, change in the average size of firms (average employment) will depend on the change in transaction efficiency for intermediate...
Christine Moorman; Simone Wies; Natalie Mizik; Fredrika J. Spencer
We consider how public firms influence their stock market valuations by timing the introduction of innovative new products. Our focus is on innovation ratchet strategy --firms timing the introduction of innovations in order to demonstrate an improvement in the number of introductions over time. We document that public firms use an innovation ratchet strategy more often than do private firms and that the stock market rewards public firms for doing so. These rewards from the stock market, howev...
as an information processor. In addition, the collection features perspectives from business strategy and business history as well as methodological and doctrinal historical perspectives. Including over 60 classic papers, these volumes collect together contributions on the theory of the firm, beginning with Ronald......Firms have for a long time been part of the explanatory set-up of economics. However, it is only recently that economists have felt the need for an economic theory addressing: why firms are different; why firms exist; what determines their boundaries relative to "the market"; and what determines...... their internal organization. This collection documents the rise of the modern theory of the firm during the last two to three decades. It reprints classic writings from a diversity of perspectives, including not only contractual theories of the firm, but also knowledge-based theories and theories of the firm...
acquisition. The findings indicate that technology licensing is positively related to the number of inventions produced by the licensee in the years subsequent to the licensing deal. Subsequently, I investigate the moderating effect that organizational slack and myopia have on this main relationship....... The findings also suggest that high levels of Organizational Slack (available financial resources) strengthen the positive effect of licensing on innovation. However, higher levels of Organizational Myopia (the extent to which a firm draws on its own knowledge) can decrease the main effect of licensing....
Full Text Available Juhut village is the agribusiness center of Sheep Integrated Village, as the field laboratory, and the locus of Banten Provincial Innovation System.Many programs provided at the site, ranging from seedlings, funding, and community assistance. However, the environmental conditions that support these activities and the potential for landslides has not been widely studied yet. Therefore, identification of soil fertility status and potential landslides disaster hazard in the Juhut Village needs to be done. The survey was conducted on July-October 2015 by taking soil samples at six locations around Juhut Village: Kadu Salak, Kadu Limus, Canggoang, Cinyurup, Sanim, and Balangendong. Soil samples were analyzed at the Laboratory of Land Resources Research and Development, Ministry Agricultural in Bogor. Potential landslides were analyzed using RBI Map of Indonesia overlied by Google Earth using Watershed Modeling System software, and the category is determined according Kusratmoko (2002. Based on the results of the study note that soil fertility in the Juhut Village of Pandeglang range of low to high. Zoning areas vulnerable to landslides in the area juhut showed mostly a temperate zone with detailed granularity: landslide zonation high, medium, and low respectively covering 245.3, 707.1 and 126.1 hectares. High avalanche zones are located mainly in the central region and the northwest region, which is part slopes of Mount Karang. High avalanche zones are located mainly in the region of Central and Northwest region, which is part slopes of Mount Karang. High landslide zone area is in forest areas, but also there are some places that are on land use mixed garden, farm / field. Efforts need to be done at high risk zone is to increase community capacity by providing The landslide dissaster dissemination and training, and application LEWS (Land Slide Early Warning System. While in the area of agribusiness centers of sheep and goats for a very open area
Louisiana Geographic Information Center — This GIS raster data set illustrates vacant, developed, and constrained areas for the 35 parishes in the Louisiana Speaks Regional Plan South Louisiana study area....
National Oceanic and Atmospheric Administration, Department of Commerce — This data set contains sensitive biological resource data for terrestrial mammals in Louisiana. Vector polygons in this data set represent terrestrial mammal...
Louisiana Geographic Information Center — This is a graphical polygon dataset depicting the polygon boundaries of 107 semi-permanent census tracts and the census blocks within the Parish of East Baton Rouge....
Lake Pontchartrain Area/New Orleans (Louisiana) of the Urban Waters Federal Partnership (UWFP) reconnects urban communities with their waterways by improving coordination among federal agencies and collaborating with community-led efforts.
Lake Pontchartrain Area/New Orleans (Louisiana) of the Urban Waters Federal Partnership (UWFP) reconnects urban communities with their waterways by improving coordination among federal agencies and collaborating with community-led efforts
The primary objective of this research was to evaluate the fundamental engineering : properties and mixture performance of Superpave hot mix asphalt (HMA) mixtures : in Louisiana through laboratory mechanistic tests, aggregate gradation analysis, and...
Louisiana seeks to improve the efficiency and effectiveness of CVO business and operational functions in the state. This overall mission includes three discrete elements designed to address priority needs as identified by state and industry stakehold...
This project developed a computer system to assist Louisiana Department of Transportation and Development (LA DOTD) maintenance managers in the preparation of zero-based, needs-driven annual budget plans for routine maintenance. This includes pavemen...
Louisiana Geographic Information Center — This is a graphical polygon dataset depicting the polygon boundaries of the twelve (12) Metropolitan Council Districts within the Parish of East Baton Rouge. The...
Louisiana Geographic Information Center — This is a graphical polygon dataset depicting the polygon boundaries of the incorporated city limits of Baton Rouge, Baker, and Zachary within East Baton Rouge...
... for a $1.1 billion multiyear program to construct five projects that would help to restore portions of the coastal Louisiana ecosystem by slowing the rate of wetland loss and restoring some wetlands...
Full Text Available In emerging markets, the deviation between the ultimate controlling shareholders' voting rights and their cash flow rights (hereafter “DVC” in the listed firms is quite prevalent. DVC could be introduced due to the ultimate controlling shareholders' opportunistic incentives, as well as by their incentives to improve firm efficiency. This study uses 229 listed firms ultimately controlled by individuals or families (hereafter “entrepreneurial firms” for 2004 in China, to investigate the effect of DVC on firm value and to determine whether it is different between founder and non-founder controlled firms. We find that DVC has a positive effect on firm value for founder controlled firms. This result implies that investors believe that their interests are better protected by founder controlled firms than by non-founder controlled firms.
Muhammad, Safdar; Allen, Albert J.
Fresh blueberries are sold through a marketing cooperative of the blueberry industry in Mississippi and Louisiana. Blueberry producers have numerous alternatives in assembling blueberries, and the cooperative needs to know the costs of different systems for assembling berries in order to provide better services to its members. The main objective of this study was to determine an efficient system for handling blueberries in Mississippi and Louisiana. Sixteen models with different combinations ...
or Fill Material. (1) General Characteristics of Material. The primary construction materials are clays and sands. Soil borings disclose that * - clay...Vegetation, water and soil characteristics of the Louisiana coastal region. Louisiana State University Agricultural Experiment Station Bulletin 664. 72pp...caused by pesticide accumulation through the food chain. It appears that high residue levels, especially of dieldrin, have resulted in thin eggshells
the tide is subject to the effects of changing weather conditions (meteorological tides) ( Wax , Borengasser, R.A. Muller 1978). Livingston and Locks...P., M. Borengasser, G. Drew, R. Miller, B.L. Smith, Jr. and C. Wax . 1976. Barataria basin: hydrologic and climatologic processes. Louisiana State...1977. Contributions to the flora of Louisiana. II. Distribution and Identification of the Orchidaceae . Castena 42: 293-304. Pritchard, W., F.P
Since September 1978, microseismic networks have operated continuously around US Department of Energy (DOE) geopressured-geothermal well sites to monitor any microearthquake activity in the well vicinity. Microseismic monitoring is necessary before flow testing at a well site to establish the level of local background seismicity. Once flow testing has begun, well development may affect ground elevations and/or may activate growth faults, which are characteristic of the coastal region of southern Louisiana and southeastern Texas where these geopressured-geothermal wells are located. The microseismic networks are designed to detest small-scale local earthquakes indicative of such fault activation. Even after flow testing has ceased, monitoring continues to assess any microearthquake activity delayed by the time dependence of stress migration within the earth. Current monitoring shows no microseismicity in the geopressured-geothermal prospect areas before, during, or after flow testing
Munch, Jakob Roland; Skaksen, Jan Rose
This paper studies the link between a firms education level, export performance and wages of its workers. We argue that firms may escape intence competition in international markets by using high skilled workers to differentiate their products. This story is consistent with our empirical results....... Osing a very rich matched worker-firm longitudinal dataset we find that firms with high export intensities pay higher wages. However, an interaction term between export intensity and skill intensity has a positive impact on wages and it absorbs the direct effect of the export intensity. That is, we find...... an export wage premium, but it accrues to workers in firms with high skill intensities.Keywords: Exports, Wages, Human Capital, Rent Sharing, Matched Worker-Firm DataJEL Classification: J30, F10, I20...
Full Text Available We measure foreign exchange exposures as sensitivity of firm's value to FX premium in the CAPM plus FX premium model, and try to find determinants of the exposures; using data of non-financial companies listed in the Korea Exchange from the year 2007 to 2008. Main findings are as follows. If Korean won depreciates, only a small number of firms is benefitted while majority of firms are harmed to the contrary of common knowledge. As a firm's export increases, the foreign exchange exposure increases up to a certain level and after that it declines. And, smaller firms of negative foreign exchange exposures are more sensitive to foreign exchange changes. These suggest heterogeneous effects of foreign exchange rates on industries and firms.
Bellone, Flora; Musso, Patrick; Nesta, Lionel
) markups are positively related to firm productivity; 3) markups are negatively related to import penetration; 4) markups are positively related to firm export intensity and markups are higher on the export market than on the domestic ones in the presence of trade barriers and/or if competitors...... on the export market are less efficient than competitors on the domestic market. We estimate micro-level price cost margins (PCMs) using firm-level data extending the techniques developed by Hall (1986, 1988) and extended by Domowitz et al. (1988) and Roeger (1995) for the French manufacturing industry from......In this paper, we test key micro-level theoretical predictions ofMelitz and Ottaviano (MO) (2008), a model of international trade with heterogenous firms and endogenous mark-ups. At the firm-level, the MO model predicts that: 1) firm markups are negatively related to domestic market size; 2...
Munch, Jakob Roland; Nguyen, Daniel Xuyen
, and that for the median product it drives 31% of the sales variation. When we remove first-time exports from our sample, the median value increases to 40%, implying that firm-destination-specific effects are most important the first year. We conclude that while firm-specific productivity can account for some......We measure the contribution of firm-specific effects to overall sales variation within a destination and find it remarkably low. Our empirical decomposition is structurally motivated by a heterogeneity model of exporting involving destination-specific, firm-specific, and firm......-destination-specific latent effects with incidental truncation. We use a highly detailed dataset with exports by products and destinations for all Danish manufacturing fi…rms. We fi…nd the contribution of firm-specific heterogeneity to within-destination sales variation varies greatly across HS6 products...
Schmidt, Thomas; Mathiassen, Lars
Small software firms are vulnerable to environmental uncertainty. While agile methods and other technologies offer suggestions to this challenge, we know little about how these firms combine project and firm level capabilities to effectively respond to changes. On this backdrop, we examine a small...... Danish software firm, TeachTech Inc., through the lens of Haeckel's sense-and-respond approach. Our analysis suggests that: the firm has appropriate sense-and-respond cycles, but improving process modularity and human resource flexibility, could increase its ability to respond faster and more effectively......; the firm focuses on specific business goals, but these are not clearly explicated and expressed as empowering governing values enabling a quick and coordinated response; complex and demanding challenges are related to dynamically reassigning commitments and the supporting mechanisms are insufficient...
This study comparatively examines the determinants of working capital management for listed vs. unlisted firms, and assesses the impact of this policy on profitability by focusing on the cash conversion cycle, a commonly used measure of working capital management. By using a large UK public and private firm sample, it is found that private firms have significantly lower cash conversion cycles than their public counterparts, and that traditional determinants of the cycle significantly differ b...
Results from empirical studies of firm behavior are synthesized into, a theory of the firm as a competent team. I demonstrate the existence of a tacit organizational competence exercising a leverage on the productivities of all other factors through selecting and allocating competent people, thus earning a monopoly rent in the capital market. The competence identified can only be fairly compensated through sharing in firm value growth in the equity market, exhibiting undervaluation of prime a...
Woojin Kim; Michael Weisbach
This paper considers the question of whether raising capital is an important reason why firms go public. Using a sample of 16,958 initial public offerings from 38 countries between 1990 and 2003, we consider differences between firms that sell new, primary shares to the public, and existing secondary shares that previously belonged to insiders. Our results suggest that the sale of primary shares is correlated with a number of factors associated with the firm's demand for capital. In particula...
Martin R. W. Hiebl
The majority of firms in market-oriented countries are family-owned. Despite their significant economic importance for these countries, research focusing on family firms is a rather young field within business research, having intensified starting only in the late 1980s. Research regarding the peculiarities of financial management in family firms is especially scarce. Hence, this paper seeks to synthesize existing research and to theoretically analyze the finance and accounting practices and ...
Gabor Bekes; Peter Harasztosi
Firms may benefit from proximity to each other due to the existence of several externalities. The productivity premia of firms located in agglomerated regions an be attributed to savings and gains from external economies. However, the capacity to absorb information may depend on activities of the firm, such as involvement in international trade. Importers, exporters and two-way traders are likely to employ a different bundle of resources and be organised differently so that they would appreci...
Richard C.M. Yam; William Lo; Esther P.Y. Tang; Antonio; K.W. Lau
Technological innovation capability (TIC) is defined as a comprehensive set of characteristics of a firm that facilities and supports its technological innovation strategies. An audit to evaluate the TICs of a firm may trigger improvement in its future practices. Such an audit can be used by the firm for self assessment or third-party independent assessment to identify problems of its capability status. This paper attempts to develop such an auditing framework that can...
Charles X. Hu
In this paper, I investigate whether the effects of monetary policy on firm investment can be transmitted through leverage. I find that monetary contractions reduce the growth of investment more for highly leveraged firms than for less leveraged firms. The results suggest that the board credit channel for monetary policy exists, and that it can operate through leverage, as adverse monetary shocks aggravate real debt burdens and raise the effective costs of investment.
Sørensen, Hans Eibe; Stieglitz, Nils
This paper contributes by investigating how firm performance influences its market orientation. We draw on the aspiration-level model from the behavioral theory of the firm to develop testable propositions that substantiate and extend prior market orientation research. Specifically, we address how...... performance influences firms' market-oriented search behavior (responsive or proactive) and the allocation of attention (customer and competitor orientation) as well as the formation of aspiration levels. Research and managerial implications are discussed....
Chen, Qinghua; Chen, Liujun; Liu, Kai
By analyzing the data of Fortune Global 500 firms from 1996 to 2008, we found that their ranks and revenues always obey the same distribution, which implies that worldwide firm structure has been stable for a long time. The fitting results show that simple Zipf distribution is not an ideal model for global firms, while SCL, FSS have better fitting goodness, and lognormal fitting is the best. And then, we proposed a simple explanation.
Louisiana Geographic Information Center — Louisiana State House Districts. The district boundaries are the result of legislative acts and redistricting. Reapportionment (redistricting) occurs during the next...
Louisiana Geographic Information Center — Louisiana State Senate Districts. The district boundaries are the result of legislative acts and redistricting. Reapportionment (redistricting) occurs during the...
Parrotta, Pierpaolo; Pozzoli, Dario; Pytlikova, Mariola
Using a matched employer-employee dataset, we analyze how workforce diversity in cultural background, education and demographic characteristics affects productivity of firms in Denmark. Implementing a structural estimation of the firms' production function (Ackerberg et al., 2006) we find...... diverse workforce, seem to outweigh the positive effects coming from creativity and knowledge spillovers....... that labor diversity in education significantly enhances a firm's value added. Conversely, diversity in ethnicity and demographics induces negative effects on firm productivity. Hence, the negative effects, coming from communication and integration costs connected to a more culturally and demographically...
Neff, John E
A clear picture of the influential drivers of private family firm performance has proven to be an elusive target. The unique characteristics of private family owned firms necessitate a broader, non-financial approach to reveal firm performance drivers. This research study sought to specify and evaluate the themes that distinguish successful family firms from less successful family firms. In addition, this study explored the possibility that these themes collectively form an effective organizational culture that improves longer-term firm performance. At an organizational level of analysis, research findings identified four significant variables: Shared Vision (PNS), Role Clarity (RCL), Confidence in Management (CON), and Professional Networking (OLN) that positively impacted family firm financial performance. Shared Vision exhibited the strongest positive influence among the significant factors. In addition, Family Functionality (APGAR), the functional integrity of the family itself, exhibited a significant supporting role. Taken together, the variables collectively represent an effective family business culture (EFBC) that positively impacted the long-term financial sustainability of family owned firms. The index of effective family business culture also exhibited potential as a predictive non-financial model of family firm performance.
John Edward Neff
Full Text Available A clear picture of the influential drivers of private family firm performance has proven to be an elusive target. The unique characteristics of private family owned firms necessitate a broader, non-financial approach to reveal firm performance drivers. This research study sought to specify and evaluate the themes that distinguish successful family firms from less successful family firms. In addition, this study explored the possibility that these themes collectively form an effective organizational culture that improves longer-term firm performance. At an organizational level of analysis, research findings identified four significant variables: Shared Vision (PNS, Role Clarity (RCL, Confidence in Management (CON, and Professional Networking (OLN that positively impacted family firm financial performance. Shared Vision exhibited the strongest positive influence among the significant factors. In addition, Family Functionality (APGAR, the functional integrity of the family itself exhibited a significant supporting role. Taken together, the variables collectively represent an effective family business culture (EFBC that positively impacted the long-term financial sustainability of family owned firms. The index of effective family business culture also exhibited potential as a predictive non-financial model of family firm performance.
Full Text Available International working capital management is important to firms frequently operating in the international market. This article investigates the international working capital practices of top Ghanaian firms involved in international trade. The objective of the study is to ascertain the extent to which Ghanaian firms use international working capital management vehicles. The article focuses on two main areas of international working capital management; international cash management and international sales and accounts receivables management. The results of this study reveal low level of use of international working capital vehicles among Ghanaian firms. Recommendations are made in this regard.
Madsen, Erik Strøjer; Smith, Valdemar
The decision on investment in R&D is very important and highly risky for firms' performance and survival in their business. This paper focuses on the commercialization of firms' investment in innovation and how these decisions affect their performance. The study uses a large innovation survey...... of Danish firms holding information on their R&D investment as well as their expenses on marketing which gives knowledge of the commercialization of their innovations. The results suggest a highly significant commercialization of innovation, which means that firms' follows a strategy of investment both...
Kræmer, Trine Pipi
, and environment. The five case firms all had a Communist past. The firms represent three different industrial sectors; i.e. textile, energy, and publishing and printing industries. Furthermore, the firms are both private and state owned as well as in the process of privatisation.......The study investigates how discursive developments in Poland interact with industrial environmental practices in five production firms. The analysis of the discursive development covers the period from the end of World War I to the turn of the century. The areas in focus are identity, industry...
Full Text Available Corporate Social Responsibility (CSR initiative in Poland is relatively little known and has not been yet deeply rooted in the consciousness of Polish entrepreneurs especially in the field of SMEs and local communities. CSR is a concept whereby companies at the stage of strategy building voluntarily take into account the social interests and environmental protection, as well as relationships with their stakeholders. Therefore, the aim of this paper is to present issues related to the knowledge of the CSR concept in the surveyed agribusiness enterprises. The article presents among other things, statistical relations between knowledge of the above concept and education of owners of the business, company size or business entity year of uprising. The research on opinions of entrepreneurs on the above concepts was carried out at the turn of 2014 and 2015 included 182 micro (0-9 persons, small (10-49 employees and medium (50-249 employees agribusiness companies engaged in business activities in rural areas of Małopolska. The results showed that there is a need for awareness of small and medium enterprises with agribusiness that consumers increasingly pay attention to the aspect of the behavior of responsible practices, let alone to observe their assumptions. Given the nature of the business, the knowledge of the CSR concept prevailed in a group of entrepreneurs from the manufacturing sector.
Goto, Hayato; Takayasu, Hideki; Takayasu, Misako
We derive a stochastic function of risk propagation empirically from comprehensive data of chain-reaction bankruptcy events in Japan from 2006 to 2015 over 5,000 pairs of firms. The probability is formulated by firm interaction between the pair of firms; it is proportional to the product of α-th power of the size of the first bankrupt firm and β-th power of that of the chain-reaction bankrupt firm. We confirm that α is positive and β is negative throughout the observing period, meaning that the probability of cascading failure is higher between a larger first bankrupt firm and smaller trading firm. We additionally introduce a numerical model simulating the whole ecosystem of firms and show that the interaction kernel is a key factor to express complexities of spreading bankruptcy risks on real ecosystems.
Full Text Available The purpose of this study was to explore the reasons behind the rapid growth and apparent dynamism of Zimbabwe’s small-firm industrial clusters. The hypothesis behind the study was that these small-firm clusters are emergent phenomena. The study analysed the capital utilisation techniques of small firms located in a large industrial cluster in order to determine the factors that lead to the collective efficiency of such firms. The study found that, in comparison with large, stock exchange-listed firms, the cluster environment enables the small firm to operate from a relatively small capital base and also to use its capital more efficiently in creating revenues and profits. The individual firm does not have to invest its capital in a large assets base as this is done by a specialised group of firms within the cluster. Thus, the cluster has the characteristics of an emergent phenomenon.
Full Text Available We derive a stochastic function of risk propagation empirically from comprehensive data of chain-reaction bankruptcy events in Japan from 2006 to 2015 over 5,000 pairs of firms. The probability is formulated by firm interaction between the pair of firms; it is proportional to the product of α-th power of the size of the first bankrupt firm and β-th power of that of the chain-reaction bankrupt firm. We confirm that α is positive and β is negative throughout the observing period, meaning that the probability of cascading failure is higher between a larger first bankrupt firm and smaller trading firm. We additionally introduce a numerical model simulating the whole ecosystem of firms and show that the interaction kernel is a key factor to express complexities of spreading bankruptcy risks on real ecosystems.
de Jong, A.; Ligterink, J.; Macrae, V.
We examine the relationship between exchange-rate changes and stock returns for a sample of Dutch firms over 1994-1998. We find that over 50 per cent of the firms are significantly exposed to exchange-rate risk. Furthermore, all firms with significant exchange-rate exposure benefit from a
Full Text Available This study examines the characteristics of board structure that affect Chinese public firm’s financial performance. Using a sample of 871 firms with 699 observations of previously private firms and 1,914 observations of previously state-owned enterprise (SOE firms, we investigate the differences in corporate governance between publicly listed firms that used to be pure private firms before going public and listed firms that used to be SOEs before their initial public offerings (IPOs. Our main finding is that previously private firms outperform previously SOE firms in China after IPOs. In the wake of becoming listed firms, previously SOE firms might be faced with difficulties adjusting to professional business practices to build and extend competitive advantages. In addition, favorable policies and assistance from the government to the SOE firms might have triggered complacency, especially in early years after getting listed. On the other hand, professional savvy and acumen, combined with efficiency and favorable business climate created by the government have probably led the previously private firms to improve their values stronger and faster.
A. de Jong (Abe); J. Ligterink; V. Macrae
textabstractWe examine the relationship between exchange-rate changes and stock returns for a sample of Dutch firms over 1994-1998. We find that over 50% of the firms are significantly exposed to exchange-rate risk. Furthermore, all firms with significant exchange-rate exposure benefit from a
Louisiana Geographic Information Center — This is is a point dataset for the locations and attributes of 154 Louisiana heliports. The attributes include name, city, state, county (sic), county code (unknown...
Louisiana Geographic Information Center — This is is a point dataset for the locations and attributes of 20 Louisiana airports. The attributes include name, address, city, county (sic), state, phone,...
Louisiana Geographic Information Center — This is is a point dataset for the locations and attributes of eight US Coast Guard stations in Louisiana. The attributes include name, address, latitude (NAD27),...
Louisiana Geographic Information Center — The dataset defines the state 'territorial' boundary of Louisiana. The state boundary extends 3 miles out into the Gulf of Mexico from the coastline. This data set...
.... The project was aimed at identifying options for the long-term reduction of flood risks and landscape stabilization in Planning Areas I and 2 in Louisiana, in the framework of the Louisiana Coastal...
Louisiana Geographic Information Center — This is is a point dataset for the locations and attributes of 32 Louisiana railroad bridges. The attributes include city (nearest?), county (sic), routefrom (city),...
Louisiana Geographic Information Center — This data set indicates the locations of oyster leases in Louisiana. The lease areas should be polygons, however, the source data has very poor topology including...
Louisiana Geographic Information Center — EPA Region 6 NonAttainment Areas in Louisiana, current as of May 2006. This shapefile contains parish boundaries and attributes that determine whether the parishes...
The sinkhole located in Assumption Parish, Louisiana, threatens the stability of Highway 70, a state maintained route. In order to : mitigate the potential damaging e ects of the sinkhole on this infrastructure, the Louisiana Department of Transpo...
The sinkhole located in northern Assumption Parish, Louisiana, threatens : the stability of Highway 70, a state-maintained route. In order to monitor : and mitigate potential damage eff ects on this infrastructure, the Louisiana : Department of Trans...
Louisiana Geographic Information Center — Louisiana Parish Boundaries approved by Resolution of the GIS Council on January 19, 2000. This is a region dataset depicting the polygon boundaries of the 64...
Louisiana Geographic Information Center — This is a line data depicting the offshore bathymetry_NOAA_1994 for Louisiana. The contour interval is 2 meters. These data were derived from point depths depicted...
Mendon, Vrushali V. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Zhao, Mingjie [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Taylor, Zachary T. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Poehlman, Eric A. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States)
The 2015 IECC provides cost-effective savings for residential buildings in Louisiana. Moving to the 2015 IECC from the 2009 IECC base code is cost-effective for residential buildings in all climate zones in Louisiana.
Louisiana Geographic Information Center — This is a polygon dataset representing the extent of the LDNR regulatory area defined as the Louisiana Coastal Zone. This area comprises a band across the southern...
... information and entry of information into AVS; review of applicant, operator, and ownership and control.... Louisiana proposes to add the definition for Applicant/Violator System or AVS. 2. Louisiana proposes to add...
Khalil, S.; Freeman, A. M.; Raynie, R.
Human intervention has impaired the Mississippi River's ability to deliver sediment to its deltaic wetlands, and as a consequence acute land loss in coastal Louisiana has resulted in an unprecedented ecocatastrophe. Since the 1930s, Louisiana has lost approximately 5,000 square kilometers of coastal land, and is continuing to lose land at the rate of approximately 43 square kilometers/year. This extreme rate of land loss threatens a range of key national assets and important communities. Coastal communities across the world as well as in Louisiana have realized the importance of sediment for the continuation of their very existence in these productive but vulnerable regions. Ecological restoration can only be undertaken on a stable coastline, for which sedimentological restoration is needed. A large-scale effort to restore coastal Louisiana is underway, guided by Louisiana's Comprehensive Master Plan for a Sustainable Coast. This 50-year, $50-billion plan prescribes 109 protection and restoration projects to reduce land loss, maintain and restore coastal environments and sustain communities. Nowhere else has a restoration and protection program of this scale been developed or implemented, and critical to its success is the optimized usage of limited fluvial and offshore sediment resources, and a keen understanding of the complex interactions of various geological/geophysical processes in ecosystem restoration. A comprehensive sediment management plan has been developed to identify and delineate potential sediment sources for restoration, and to provide a framework for managing sediment resources wisely, cost effectively, and in a systematic manner. The Louisiana Sediment Management Plan provides regional strategies for improved comprehensive management of Louisiana's limited sediment resources. Adaptive management via a robust system-wide monitoring plays an important role along with a regional approach for the efficient management of sediment resources.
This paper seeks to understand the role that climate variability has on annual yield of sugarcane in Louisiana. Unique features of sugarcane growth in Louisiana and nonclimatic, yield-influencing factors make this goal an interesting and challenging one. Several methods of seeking and establishing the relations between yield and climate variables are employed. First, yield climate relations were investigated at a single research station where crop variety and growing conditions could be held constant and yield relations could be established between a predominant older crop variety and a newer one. Interviews with crop experts and a literature survey were used to identify potential climatic factors that control yield. A statistical analysis was performed using statewide yield data from the American Sugar Cane League from 1963 to 2002 and a climate database. Yield values for later years were adjusted downward to form an adjusted yield dataset. The climate database was principally constructed from daily and monthly values of maximum and minimum temperature and daily and monthly total precipitation for six cooperative weather-reporting stations representative of the area of sugarcane production. The influence of 74 different, though not independent, climate-related variables on sugarcane yield was investigated. The fact that a climate signal exists is demonstrated by comparing mean values of the climate variables corresponding to the upper and lower third of adjusted yield values. Most of these mean-value differences show an intuitively plausible difference between the high- and low-yield years. The difference between means of the climate variables for years corresponding to the upper and lower third of annual yield values for 13 of the variables is statistically significant at or above the 90% level. A correlation matrix was used to identify the variables that had the largest influence on annual yield. Four variables [called here critical climatic variables (CCV
Chan, L.H; Haymaker, R.; Imlay, R.; McNeil, R.; Metcalf, W.; Svoboda, R.
Theoretical work on effective action expansion on an effective low; energy theory of hadron, dynamical symmetry breaking, and lattice gauge theories is described. The high-energy experimental group at Louisiana State University has analyzed data on a neutrino oscillation experiment at LAMPF. Preparations for the LSND neutrino experiment have stated. IMB data have also been analyzed. On the ZEUS electron n-proton colliding bean experiment, the production of the barrel calorimeter has been completed. Several modules of the calorimeter have been tested at Fermilab, and preparations for data taking are underway.
Barrios, S.; Huizinga, H.P.; Laeven, L.; Nicodeme, G.
Using a large international firm-level data set, we examine the separate effects of host and additional parent country taxation on the location decisions of multinational firms. Both types of taxation are estimated to have a negative impact on the location of new foreign subsidiaries. The impact of
Soboh, R.A.M.E.; Oude Lansink, A.G.J.M.; Dijk, van G.
This paper compares the technical efficiency and production frontier of dairy processing cooperativesand investor owned firms in six major dairy producing European countries. Two parametric produc-tion frontiers are estimated, i.e. for cooperatives and investor owned firms separately, which are
Aggarwal, Aradhna; Sato, Takahiro
Over the past two decades, considerable interest has grown in high growth firms (HGFs). However, the concept of HGFs still remains controversial. One of the most controversial issues is size and age of these firms. The present study argues that the current literature on HGFs may offer little help...
Related party transactions and firms financial performance. ... African Research Review ... financial performance using Secondary data obtained from Nigeria stock ... on Asset, Return on Equity and Earnings per share of manufacturing firms. ... Result showed RPT has no significant effects on ROA and EPS and not used to ...
E.M. Vermeulen (Erik); J. Spronk (Jaap); D. van der Wijst (Nico)
textabstractIn this paper, a method is developed to evaluate firms on the basis of the risks they face. In accordance with the multi-factor method, risk is represented as a vector of sensitivities to unexpected changes of risk factors. Subsequently, the sensitivities themselves are related to firm
Leten, B.; Belderbos, R.A.; Looy, van B.
Technological diversification at the firm level (i.e., the expansion of a firm's technology base into a wide range of technology fields) is found to be a prevailing phenomenon in all three major industrialized regions,—the United States, Europe, and Japan—prompting the term multitechnology
We analyse data from personnel records of a large firm producing energy and telecommunication and test for the effect of deviations between required and attained education of workers. Required education is measured as hiring standards set by the firm. We find the usual effects of over- and
M.W. Huygens (Marc); C.W.F. Baden-Fuller (Charles); F.A.J. van den Bosch (Frans); H.W. Volberda (Henk)
textabstractThis paper proposes that rival firms not only search for new capabilities within their organization, but also for those that rest in their competitive environment. An integrated analysis of these search processes at both firm and industry levels of analysis shows how their interaction
M. Teixeira de Vasconcelos (Manuel)
textabstractOften firms lack the necessary internal resources to pursue all profitable investment opportunities at their disposal. One of the most important roles of financial markets is to allocate resources from different economic agents to the firms that will better employ them, thereby enabling
Gupta, Akshey; Michailova, Snejina
This paper is a study of the knowledge-sharing difficulties experienced by three departments in a knowledge-intensive firm. The case organization is a global consulting firm that has been on the forefront of knowledge management and has won several knowledge management related international accla...
Grinstein, A.; Goldman, Arieh
Technology firms occupy a central position in modern economies. They drive economic growth, productivity gains and have created new industries and innovative products. Many will agree that technology firms are distinguished from others in their emphasis on technological activities. Since this
Correia Da Silva, L.; Goergen, M.; Renneboog, L.D.R.
Anecdotal evidence suggests that the dividend policy of German firms is more flexible than the one of their Anglo-American counterparts.This paper analyses the decision to change the dividend for a panel of 221 German firms from 1984 to 1994.The choice of the period of study is motivated by the fact
Azar, Goudarz; Drogendijk, Rian
Previous research suggests that internationalization improves a firm's ability to innovate, but the effect of internationalizing into specific target markets or destinations on the innovation ability of firms has not been fully investigated. This study examined whether the psychic distance between
... 32 National Defense 1 2010-07-01 2010-07-01 false Commercial firm. 37.1250 Section 37.1250... REGULATIONS TECHNOLOGY INVESTMENT AGREEMENTS Definitions of Terms Used in This Part § 37.1250 Commercial firm... does a substantial portion of its business in the commercial marketplace. ...
Discussion of the social context of electronic commerce (ecommerce) focuses on information imperatives, or rules that are critical for ecommerce firms. Concludes with a discussion of the organizational changes that can be expected to accompany the incorporation of these imperatives into the mission and core business processes of ecommerce firms.…
This paper shows that the share of exports in the total sales of a firm has a positive and substantial impact on the volatility of its sales. Decomposing the volatility of sales of exporters between their domestic and export markets, I show using an identification strategy based on a firm-specific
Green, Colin P.; Homroy, Swarnodeep
A number of studies have found little economic impact of board gender diversity on firm performance. We return to this issue in the context of large European firms. Our contribution is twofold. First, using information on the gender of CEOs children as a source of exogenous variation in female
... 48 Federal Acquisition Regulations System 4 2010-10-01 2010-10-01 false Mentor firms. 519.7006... PROGRAMS SMALL BUSINESS PROGRAMS GSA Mentor-ProtÃ©gÃ© Program 519.7006 Mentor firms. (a) Mentors must be... plan as required by FAR 19.7 - Small business mentors are exempted; or (2) A small business prime...
Picchio, M.; van Ours, J.C.
Recent human capital theories predict that labor market frictions and product market competition influence firm-sponsored training. Using matched worker-firm data from Dutch manufacturing, our paper empirically assesses the validity of these predictions. We find that a decrease in labor market
Cristini, Annalisa; Pozzoli, Dario
Using data from the 2004 Workplace Employee Relations Survey on British establishments and two surveys on manufacturing firms located in the North of Italy, we look at the diffusion of new workplace practices in the two countries and at their impact on the firm's value added. We find...
Boekema, F.W.M.; Oerlemans, L.; Meeus, M.
In this article we ask why innovator firms engage in innovation networks, and which factors explain the spatial dispersion of these networks. Benefits of the use of internal and external knowledge resources for innovative performance of firms were partially confirmed. Especially the utilisation of
Oerlemans, L.A.G.; Meeus, M.T.H.; Boekema, F.W.M.
In this article we ask why innovator firms engage in innovation networks, and which factors explain the spatial dispersion of these networks. Benefits of the use of internal and external knowledge resources for innovative performance of firms were partially confirmed. Especially the utilisation of
Bams, Dennis; Bos, Jaap; Pisa, Magdalena
Firms depend heavily on trade credit. This paper introduces a trade credit network into a structural model of the economy. In an empirical analysis of the model, we find that trade credit is an elusive insurance: as long as a firm is financially unconstrained and times are good, more trade credit
Keller, Jack; Piotrowski, Chris
Career development programs (CDPs) are a rather recent area of study in organizational and industrial psychology. The present study investigated the nature and evaluation of CDPs in Fortune 500 firms. Data were obtained by a mailed questionnaire completed by the firms' human resources directors. Of the 500 companies surveyed, only those 50 that…
Most companies in the Netherlands can be labeled as family firms (according to the GEEF definition (Mandle, 2008; Flören et al., 2010). The family firm can be regarded as an open system model comprising three overlapping, interacting, and interdependent subsystems: owners, family, and managers
Godsey, Marvin S.; King, Raymond J.; Burkhalter, Kristen; Delorey, Mark; Colton, Leah; Charnetzky, Dawn; Sutherland, Genevieve; Ezenwa, Vanessa O.; Wilson, Lawrence A.; Coffey, Michelle; Milheim, Lesley E.; Taylor, Viki G.; Palmisano, Charles; Wesson, Dawn M.; Guptill, Stephen C.
A study of West Nile virus (WNV) ecology was conducted in St. Tammany Parish, Louisiana, from 2002 to 2004. Mosquitoes were collected weekly throughout the year using Centers for Disease Control and Prevention (CDC) light traps placed at 1.5 and 6 m above the ground and gravid traps. A total of 379,466 mosquitoes was collected. WNV was identified in 32 pools of mosquitoes comprising four species; 23 positive pools were from Culex nigripalpus collected during 2003. Significantly more positive pools were obtained from Cx. nigripalpus collected in traps placed at 6 m than 1.5 m that year, but abundance did not differ by trap height. In contrast, Cx. nigripalpus abundance was significantly greater in traps placed at 6 m in 2002 and 2004. Annual temporal variation in Cx. nigripalpus peak seasonal abundance has important implications for WNV transmission in Louisiana. One WNV-positive pool, from Cx. erraticus, was collected during the winter of 2004, showing year-round transmission. The potential roles of additional mosquito species in WNV transmission in southeastern Louisiana are discussed. Disclaimer: The opinions expressed in this article are the opinions of the authors and do not necessarily represent the views of the Centers for Disease Control and Prevention. This article has been peer reviewed and approved for publication consistent with U.S. Geological Survey Fundamental Science Practices (http//pubs.usgs.gov/circ/1367/). Any use of trade, firm, or product names is for descriptive purposes only and does not imply endorsement by the U.S. Government.
Leigh, Jennifer; Chamberlain, Michael J.
Complaints associated with nuisance activity by Louisiana black bears (Ursus americanus luteolus) in south Louisiana have steadily increased since 2000, demanding intervention by state and federal agencies. As a federally threatened species, Louisiana black bears that are a nuisance require nonlethal management, referred to as aversive conditioning. We used rubber buckshot and dogs to test the effectiveness of management techniques used by the state of Louisiana to deter nuisance bear activit...
Shyam Sreekumaran Nair
Full Text Available In this study, using singleton patent auction price data from Ocean Tomo, LLC, we analyse the effect of firm variables on patent price. Patents owned by small firms attract higher price than patents owned by large firms, if they engage in multi-country filings. The patents owned by small firms get cited more than the patents owned by large firms. The patents owned by individual inventors attract a higher price than the patents owned by organisations when multi-country filings are not included. We believe that the lack of resources is preventing individual inventors from engaging in multi-country filings and maximising the revenue from their invention. A larger representative data should be used to replicate the results before generalising it.
Jones, Derek C; Kalmi, Panu; Mygind, Niels
In this paper we use rich panel data for a representative sample of Estonian enterprises to analysediverse issues related to the determinants of ownership structures and ownership changes afterprivatisation. A key focus is to determine whether ownership changes are related to economicefficiency....... While employee owned firms are found to be much more prone than other firms toswitch ownership categories, often `employee owned' firms remain `insider-owned' as ownershippasses from current employees to managers and former employees. Logit analyses of thedeterminants of ownership structures...... and ownership changes provides mixed support for severalhypotheses. As predicted: (i) wealth and resource constraints play a crucial role in thedetermination of ownership, with foreigners buying firms with the highest equity levels andinsiders buying firms with the lowest equity valuations; (ii) risk aversion...
A major concern in the design of an incomplete climate agreement is that firms that use fossil fuels intensively may respond to emission regulations by relocating their plants from cooperating to non-cooperating countries. This paper analyses how the cooperating countries might deal with the issue of firm delocation through emission taxes, trade provisions and a localisation subsidy to mobile firms. It is shown that firms should not be induced to stay in the cooperating countries by lowering emission taxes below the Pigouvian tax rate. Incentives to stay should be given partly through trade provisions and partly through a localisation subsidy. A second best solution without localisation subsidies is also discussed. In that case, the efficient emission tax is lower than the Pigouvian tax rate. Finally, the paper discusses the implications of the first best and the second best policy regimes for the pattern of firm localisation. 19 refs
Madsen, Erik Strøjer; Smith, Valdemar
The decision on investment in R&D is very important and highly risky for firms' performance and survival in their business. This paper focuses on the commercialization of firms' investment in innovation and how these decisions affect their performance. The study uses a large innovation survey...... of Danish firms holding information on their R&D investment as well as their expenses on marketing which gives knowledge of the commercialization of their innovations. The results suggest a highly significant commercialization of innovation, which means that firms' follows a strategy of investment both...... in innovation and marketing making R&D and marketing complements in their investment decision. However, there is only week evidence for the hypothesis that commercialization of innovations also creates more value for the firms in the short run....
Sundbo, Jon; Orfila-Sintes, Francina; Sørensen, Flemming
Tourism firms operate in a competitive sector where innovating is often a condition for survival. This article presents a theoretical framework for understanding tourist firms’ innovative behaviour and innovation systems in tourism. The innovativeness of tourism firms and its determinants...... systems. The article suggests that large size, professionalism, but also entrepreneurship among small tourism firms are important determinants of innovation. Varied innovation networks are another determinant as are supportive innovation systems. These determinants favour Spanish firms, which are more...... are investigated by analysing quantitative as well as qualitative data comparing Spain and Denmark. A taxonomy of tourism firms is suggested and the firms’ characteristics which influence their innovativeness are presented. Additionally, the role of innovation networks is discussed, as is the role of innovation...
curves included goosefoot (1 to 12%), grass (1 to 5%), marsh elder, ragweed (1 to 7%), ragwort (about 1%), and sedge (1 to 5%). Only unicorn plant...Proboscidea louisiana, 4%) and nettle (Urtica, 1%) were restricted exclusively in their microfossil occurrence to this zone at Hood Lake. Unicorn plant...remain very productive. The large agribusiness firms present today evolved from the small five acre subsistence based corn patches of the pioneer settlers
Ali Reza Babakhan
Full Text Available During the last decades, the importance of small firms as one of the main economical parts in each country has been proved. Considering to the resources limitation in one hand, and the competitive global market in the other hand, it is very important that firms can obtain sustainable competitive advantages (SCAs to compete with other rivals. This paper, at the first step, tries to explore the potentially SCAs of Qom's small firms by using of Structural Equation Model (SEM. Then, the real current situation of firms in using these competitive advantages has been examined. The results tell that except firms' location, other potentially SCAs do not have acceptable condition.
Broussard, Lisa; Myers, Rachel; Meaux, Julie
In the fall of 2005, the coast of Louisiana was devastated by two hurricanes, Katrina and Rita. Not only did these natural disasters have detrimental effects for those directly in their path, the storms had an impact on the lives of everyone in Louisiana. The professional practice of many Louisiana school nurses was affected by several factors,…
Egalite, Anna J.; Mills, Jonathan N.; Wolf, Patrick J.
The question of how school choice programs affect the racial stratification of schools is highly salient in the field of education policy. We use a student-level panel data set to analyze the impacts of the Louisiana Scholarship Program (LSP) on racial segregation in public and private schools. This targeted school voucher program provides funding…
... 13 Business Credit and Assistance 1 2010-01-01 2010-01-01 false Firm eligibility for Adjustment..., DEPARTMENT OF COMMERCE TRADE ADJUSTMENT ASSISTANCE FOR FIRMS General Provisions § 315.6 Firm eligibility for Adjustment Assistance. (a) Firms participate in the Trade Adjustment Assistance for Firms program in...
Fritchie Marsh, near Slidell, Louisiana, is being considered as a disposal site for sewage effluent. A two-dimensional, finite element, surface water modeling systems was used to solve the shallow water equations for flow. Factors affecting flow patterns are channel locations, inlets, outlets, islands, marsh vegetation, marsh geometry, stage of the West Pearl River, flooding over the lower Pearl River basin, gravity tides, wind-induced currents, and sewage discharge to the marsh. Four steady-state simulations were performed for two hydrologic events at two rates of sewage discharge. The events, near tide with no wind or rain and neap tide with a tide differential across the marsh, were selected as worst-case events for sewage effluent dispersion and were assumed as steady state events. Because inflows and outflows to the marsh are tidally affected, steady state simulations cannot fully define the hydraulic characteristics of the marsh for all hydrologic events. Model results and field data indicate that, during near tide with little or no rain, large parts of the marsh are stagnant; and sewage effluent, at existing and projected flows, has minimal effect on marsh flows. (USGS)
Huang, Philip C C
The future of Chinese agriculture lies not with large mechanized farms but with small capital-labor dual intensifying family farms for livestock-poultry-fish raising and vegetable-fruit cultivation. Chinese food consumption patterns have been changing from the old 8:1:1 pattern of 8 parts grain, 1 part meat, and 1 part vegetables to a 4:3:3 pattern, with a corresponding transformation in agricultural structure. Small family-farming is better suited for the new-age agriculture, including organic farming, than large-scale mechanized farming, because of the intensive, incremental, and variegated hand labor involved, not readily open to economies of scale, though compatible with economies of scope. It is also better suited to the realities of severe population pressure on land. But it requires vertical integration from cultivation to processing to marketing, albeit without horizontal integration for farming. It is against such a background that co-ops have arisen spontaneously for integrating small farms with processing and marketing. The Chinese government, however, has been supporting aggressively capitalistic agribusinesses as the preferred mode of vertical integration. At present, Chinese agriculture is poised at a crossroads, with the future organizational mode for vertical integration as yet uncertain.
Full Text Available Researching the managerial perspective of performance can contribute to a better understanding of firm performance, and offer a valuable contribution to research on objective performance measurement. The aim of this article is to examine how managers evaluate firm performance and which factors, in their opinion, have the biggest influence on performance. We particularly wanted to investigate the influence of top management and owners on firm performance. We conducted a qualitative study among the CEOs of some of the most successful Slovenian firms. The results show that CEOs connect positive performance with long-term growth and satisfying the needs of key stakeholders (employees, customers and owners, but short-term positive financial performance represents the basic foundation. The second most important factor is a united top management, capable of generating new ideas and acting as a role model to employees. This can lead to a higher degree of engagement by employees and a better understanding of the firm's goals. Owners can contribute to a positive firm performance with their active, strategic and long-term orientation, and with their ability to set clear goals and to trust top management in the long run. Another important factor that influences firm performance is the ownership structure. In the opinion of CEOs, dominant and private ownership has a more positive impact on firm performance than dispersed and state ownership. The present research findings provide several examples of good and bad practice, and highlight opportunities for further research, from an in-depth study of individual factors of firm performance to the search for a more comprehensive model of performance factors, based on a larger sample of CEOs and other managers.
Review of the available literature concerning the previous distribution of animals now considered to be threatened or endangered suggests that the following species may once have occupied the project area in Webster and Bienville Parishes, Louisiana: Florida panther, bald eagle, Arctic peregrine falcon, red-cockaded woodpecker, ivory-billed woodpecker, red wolf, and Eskimo curlew. The Louisiana pine snake is not officially listed at this time although it is considered to be a candidate for inclusion on the federal list pending further research on its population and distribution. Based on previous experience within northwestern Louisiana and other recent evidence, it is concluded that the red-cockaded woodpecker (Picoides borealis) is the only animal listed or proposed as threatened or endangered which may actually now be found there
Ma, Qianting; He, Jianmin; Li, Shouwei
We construct an endogenous network characterized by commercial credit relationships connecting the upstream and downstream firms. Simulation results indicate that the endogenous network model displays a scale-free property which exists in real-world firm systems. In terms of the network structure, with the expansion of the scale of network nodes, the systemic risk increases significantly, while the heterogeneities of network nodes have no effect on systemic risk. As for firm micro-behaviors, including the selection range of trading partners, actual output, labor requirement, price of intermediate products and employee salaries, increase of all these parameters will lead to higher systemic risk.
Choy, Siu Kai; Lai, Tat-kei
On October 11, 2011, a non-governmental organization called ActionAid published a report condemning the FTSE 100 firms for holding an unusually large number of subsidiaries in tax havens. Urging the government to take appropriate actions, the report raised the firms’ costs of holding tax haven...... subsidiaries. After this event, there was a 0.9% drop in cumulative abnormal returns among the non-financial firms (corresponding to about £9 billion in market capitalization), more so for better-governed firms and those with larger shares of subsidiaries in tax havens. We find some evidence that government...
Martin Brown; Steven Ongena; Pinar Yesin
We examine the firm- and country-level determinants of the currency denomination of small business loans. We first model the choice of loan currency in a framework which features a trade-off between lower cost of debt and the risk of firm-level distress costs, and also incorporates the impact of information asymmetry between banks and firms. When foreign currency funds come at a lower interest rate, all foreign currency earners as well as those local currency earners with high revenues and lo...
Mark A. Gagnon
Full Text Available This exploratory research examines the relationship between food entrepreneur sustainable orientation, mindset and firm sustainable practices in a mixed methods format. In particular we seek to address if entrepreneur behavior and firm practices are congruent with founding entrepreneur espoused support of sustainability. Our survey findings with thirty specialty food entrepreneurs suggest tenuous empirical support for the relationship of entrepreneur sustainable orientation, mindset and firm sustainable practices. However our qualitative results indicate positive relationships between sustainable orientation, mindset and practices. Evidence from this work highlights the critical role of founding entrepreneurs for successful implementation of sustainability along its multiple fronts including profitability.
process with export and proceed in a path-dependent manner towards the location of production activities abroad. The present apper challenges this perspective, arguing that internationalisation of firms may be initiated through either or both upstream and downstream activities. It therefore proposes...... an integrated conceptual model for internationalisation, encompassing both upstream and downstream activities. Building on this understanding, the paper suggests that firms in general and developing county-based firms in particular, may adopt one or a combination of four routes of internationalisation: upstream...... only, downstream only, sequential upstream-downstream, and or concurrent upstream-downstream routes. The implication of these perspectives for policy, strategy and research are discussed....
Full Text Available The paper focuses on the interaction between the solvency probability of a banking firm and the diversification potential of its asset portfolio when determining optimal equity capital. The purpose of this paper is to incorporate value at risk (VaR into the firm-theoretical model of a banking firm facing the risk of asset return. Given the necessity to achieve a confidence level for solvency, we demonstrate that diversification reduces the amount of equity. Notably, the VaR concept excludes a separation of equity policy and asset-liability management.
The significance of social media has increased greatly in the past few years, leading companies to increase their social media activity and also increase their interest in knowing whether it is genuinely worth being active on social media, including knowing the potential advantages. This study aims to examine the relationship between social media activity and three variables: reputation, firm size and firm performance. The study analyzes the relationships between the constru...
Guzik, T.; Babin, E.; Cooney, W.; Giammanco, J.; Hartman, D.; McNeil, R.; Slovak, M.; Stacy, J.
Over the last seven years the Astronomy / Astrophysics group in the Department of Physics and Astronomy of Louisiana State University has developed an exten- sive Space Science education and public outreach program. This program includes the local park district (the Recreation and Park Commission for the Parish of East Baton Rouge, BREC), the local amateur astronomer group (the Baton Rouge As- tronomical Society, BRAS), the Louisiana Arts and Science Museum (LASM), and Southern University (SU, part of the largest HBCU system in the nation). Our effort has directly led to the development of the Highland Road Park Observatory (HRPO, http://www.bro.lsu.edu/hrpo) that supports student astronomy training at LSU and SU, amateur observations and a public program for adults and children, establishment of a series of teacher professional development workshops in astronomy and physics, and the "Robots for Internet Experiences (ROBIE)" project (http://www.bro.lsu.edu/) where we have several instruments (e.g. HAM radio, radio telescope, optical tele- scopes) that can be controlled over the internet by students and teachers in the class- room along with associated lessons developed by a teacher group. In addition, this year the LASM, will be opening a new planetarium / space theater in downtown Baton Rouge, Louisiana. We are currently working to bring live views of the heavens from the HRPO telescope to audiences attending planetarium shows and will be working closely with planetarium staff to develop shows that highlight LSU astronomy / space science research. During the presentation we will provide some details about our in- dividual projects, the overall structure of our program, establishing community links and some of the lessons we learned along the way. Finally, we would like to acknowl- edge NASA, Louisiana State University, the Louisiana Systemic Initiatives Program and the Louisiana Technology Innovation Fund for their support.
firms that are officially listed on the Stock Exchange of Mauritius. .... future prospects of their firms, their actions might convey new information to ... Sometimes, when designing dividend policies, some firms consider the behaviour of their.
Full Text Available There are only three seasons in Louisiana: football season, Mardi Gras season, and hurricane season. 1 The beginning of each is marked by civic rituals (knocking on wood comes to mind, heated discussions, expert strategizing, and complicated chart-supported predictions. Just as Mardi Gras represents a major event on the Louisiana calendar (whereas it is just another Tuesday for the rest of the American nation, the first day of June—the date instituted as the start of the hurricane ...
Beck, T.H.L.; Demirgüc-Kunt, A.; Maksimovic, V.
Using a firm-level survey database covering 48 countries, we investigate how financial and institutional development affects financing of large and small firms. Our database is not limited to large firms but includes small and medium-size firms and data on a broad spectrum of financing sources, including leasing, supplier, development, and informal finance. Small firms and firms in countries with poor institutions use less external finance, especially bank finance. Protection of property righ...
Du, Jun; Girma, Sourafel
Using a comprehensive firm-level dataset spanning the period 1998-2005, this paper provides a thorough investigation of the relationship between firm size, total factor productivity growth and financial structure in China, controlling for the endogeneity of the latter. Generally, it finds financing source matters for firms of different size, and the extent to which financing source matters for firm growth is greater for small firms than big firms. Self-raised finance appears to be most effect...
Advertising becomes an interesting tool for the accounting profession in the face of increased competition. Accounting firms today realize that advertising will play an important role in their overall success.
van den Brink, J.R.; Ruys, P.H.M.
We model a corporate firm with a variable internal organizational structure that adapts to various degrees of technological cooperation. The entrepreneur determines the organizational structure that maximizes profits under participation constraints. Wages are determined by an internal cooperative
Full Text Available The primary objective of this study is to provide an empirical research using structural equation modeling to identify the factors that motivate shipping firms to adopt green shipping practices (GSP. Furthermore, it also examines if adopting GSP can enhance the shipping firms’ environmental and productivity performance. The findings show that shipping firms are motivated to adopt GSP mostly by industrial norms set by institutionalized associations. They are also motivated by customers’ demand for environmental friendliness and their own strategy to make good image. Unlike our expectation, government regulations and international environmental laws are not significant in influencing shipping firms to adopt GSP. Moreover, adoption of green shipping practices can improve the environmental and productivity performance of the shipping firms.
Boermans, M.A.; Roelfsema, H.J.
This paper studies the effect of internationalization on innovation and firm performance (employment growth and sales growth) taking the interdependencies among the variables into account. Given the potential endogeneity, this study uses theory-driven instrumental variables and structural equation
Federal Communications Commission — EAS (Equipment Authorization System). The following firms have submitted the information required by Section 2.948 of the FCC Rules for measuring devices subject to...
partly fall on investment and thus workers in the former country. This tax exporting mechanism introduces a scope for corporate taxes, which is not present in standard models of international taxation. Accounting for the internal capital markets of multinational firms thus represents a way to resolve......This paper develops a theoretical model of corporate taxation in the presence of financially integrated multinational firms. Under the assumption that multinational firms at least partly use internal loans to finance foreign investment, we find that the optimal corporate tax rate is positive from...... the perspective of a small, open economy. This finding contrasts the standard result that the optimal source based capital tax is zero. Intuitively, to the extent that multinational firms finance investment in country i with loans from affiliates in country j, the burden of corporate taxes in the latter country...
Hart, C W; Schlesinger, L A; Maher, D
Can lawyers, doctors, investment bankers, accountants, and consultants guarantee their work? Your money back if not absolutely delighted? Some professional service firms are doing exactly that, and they believe they are gaining not only satisfied customers but higher market share and improved service quality. The authors discuss the benefits and risks of unconditional and more limited guarantees. Firms that address this issue proactively now, they argue, will be less likely to rush into poorly considered guarantees later.
Matthew R. McBrady; Sandra Mortal; Michael J. Schill
Using a broad sample of international corporate bond offerings, we provide evidence that corporate borrowers make opportunistic currency choices, in that they denominate the currency of their bonds in a manner that is inconsistent with a belief in either covered or uncovered interest rate parity. Using firm-level tests, we identify a number of characteristics of firms that engage in opportunistic behavior. We observe that large issuers located in developed markets with investment-grade rating...
Tan, Adrian; McAloone, Tim C.; Matzen, Detlef
This chapter establishes PSS (Product/Service-Systems) approaches in the context of manufacturing firms and their existing product-oriented business. PSS can be seen as a strategy for manufacturing firms to gain competitive advantage in the market, but what market conditions and organisational......, customers and partners in business planning and strategy to reap the full benefits. Finally a path to how manufacturers can make the change from product to service-orientation is traced....
Edward J. Romar
This paper argues that by using the Confucian concept of harmony as its strategicintent a firm can be both ethical and successful. Using the work of Peter F. Drucker,Michael Porter, and Gary Hamel and C. K. Prahalad the paper discusses the role ofstrategic intent as a contributing factor to firm success. The paper then discusses how theConfucian concept of harmony fulfills the concept of strategic intent and how harmony cancontribute to the development of a successful and ethical organization...
Berger, Johannes; Herbertz, Claus; Sliwka, Dirk
We empirically investigate the impact of incentive scheme structure on the degree of cooperation in firms using a unique and representative data set. Combining employee survey data with detailed firm level information on the relative importance of individual, team, and company performance for compensation, we find a significant positive relation between the intensity of team incentives and several survey measures of cooperation. Moreover, higher powered team incentives are associated with low...
James R. Markusen; Anthony J. Venables
A model is constructed in which multinational firms may arise endogenously. Multinationals exist in equilibrium when transport and tariff costs are high, incomes are high, and firm-level scale economies are important relative to plant-level scale economies. Less obvious, multinationals are more important in total economic activity when countries are more similar in incomes, relative factor endowments, and technologies. The model may thus be useful in explaining several stylized facts, includi...
Joël Thomas Ravix; Olivier Sautel
Growth of international outsourcing, has been a dominant feature of the international economy. Recent theoretical developments have focused on firm behaviour and its consequences on trade structure, through the introduction of the modern theory of the firm. In a first section, we link this new approach with previous explanations of vertical specialization (intra-industry trade and Multinational Corporation). In a second section, we present methodology and results of these new developments, wh...
Egger, H; Egger, P; Greenaway, D
Recent developments, including the analysis of firm-level adjustment to falling trade costs, have contributed to a revival of interest in intra-industry trade (IIT). Most empirical work still relies on the standard Grubel–Lloyd measure. This however refers only to international trade, disregarding income flows stimulated by repatriated profits of multinational firms. Given the overwhelming importance of the latter, this is a major shortcoming. This paper provides a guide to measurement and es...
This paper looks at Internet usage by Australian firms that have a cost focussed competitive strategy. The data source for this analysis is the Melbourne Institute Business Survey, conducted by the Melbourne Institute of Applied Economic and Social Research. The survey was conducted in late 2001, and targeted large Australian firms. Instrumental variables estimation found that cost-focussed organizations utilised the Internet more intensively for both internal organizational activities and ex...
De Loecker, Jan; Warzynski, Frederic
and export behavior using plant-level data. We find that i) markups are estimated significantly higher when controlling for unobserved productivity, ii) exporters charge on average higher markups and iii) firms' markups increase (decrease) upon export entry (exit).We see these findings as a first step...... in opening up the productivity-export black box, and provide a potential explanation for the big measured productivity premia for firms entering export markets....
Luiz Artur Ledur Brito
Full Text Available Firms exhibit a wide variability in growth rates. This can be seen as another manifestation of the fact that firms are different from one another in several respects. This study investigated this variability using the variance components technique previously used to decompose the variance of financial performance. The main source of variation in growth rates, responsible for more than 40% of total variance, corresponds to individual, idiosyncratic firm aspects and not to industry, country, or macroeconomic conditions prevailing in specific years. Firm growth, similar to financial performance, is mostly unique to specific firms and not an industry or country related phenomenon. This finding also justifies using growth as an alternative outcome of superior firm resources and as a complementary dimension of competitive advantage. This also links this research with the resource-based view of strategy. Country was the second source of variation with around 10% of total variance. The analysis was done using the Compustat Global database with 80,320 observations, comprising 13,221 companies in 47 countries, covering the years of 1994 to 2002. It also compared the variance structure of growth to the variance structure of financial performance in the same sample.
YAMAMOTO Isamu; MATSUURA Toshiyuki
This paper examines how firms' policies for workers' work-life balance (WLB) affect total factor productivity (TFP) in the long run, by using panel data of Japanese firms from the 1990s. Although we observed a positive correlation between firms' WLB policies and their TFP, once controlling for unobserved firm heterogeneity, we found no causal relationship where WLB policies increase a firm's TFP in the long run. Under the following conditions, however, WLB policies would likely improve a firm...
YAMAMOTO Isamu; MATSUURA Toshiyuki
This paper examines how firm practices that could contribute to worker attainment of work-life balance (WLB) affect the total factor productivity (TFP) of a firm, by using panel data of Japanese firms from the 1990s. We observed a positive correlation between the WLB practices and TFP among sampled firms. However, that correlation vanished when we controlled for unobserved firm heterogeneity, and we found no general causal relationship in which WLB practices increase firm TFP in the medium or...
Di Sheng; Shuyang Hou
This paper examined the impact of financial leverage on investment decisions offirms using the panel data of publicly traded Chinese firms. We collected data for511 manufacturing companies during the period from 2005 to 2013 to do theresearch. The data shows that financial leverage is negatively correlated with afirm’s investment. Moreover, after we categorized the data into two types: 1)high-growth firms and 2) low-growth firms, it demonstrated that such negativecorrelation is significant fo...
This paper uses a Bayesian stochastic frontier model to obtain confidence intervals on firm efficiency measures of electric utilities rather than the point estimates reported in most previous studies. Results reveal that the stochastic frontier model yields imprecise measures of firm efficiency. However, the application produces much more precise inference on pairwise efficiency comparisons of firms due to a sometimes strong positive covariance of efficiency measures across firms. In addition, we examine the sensitivity to functional form by repeating the analysis for Cobb-Douglas, translog and Fourier frontiers, with and without imposing monotonicity and concavity
Jenkins, S.C.; Cabe, R.; Stauffaeher, J.J.
This paper reports that cogeneration of electricity and useful thermal energy by industrials along the Gulf Coast grew significantly more rapidly than in other parts of the country during and immediately following World War II as a result of the concentration of chemical and plastics processing facilities there. In 1982, Texas passed its version of PURPA, the Public Utility Regulatory Act (PURA) and designated those non-utility generators from which public utilities must purchase electricity as Qualifying Cogenerators. In 1991, there were nearly 7,500 MW of QF power generated for inside-the-fence use or firm capacity sale to utilities, with the two largest utilities in Texas purchasing over half that amount
Karen S. Doerr; Sanjeev Joshi; Richard F. Keim
At Catahoula Lake in central Louisiana, an internationally important lake for water fowl, hydrologic alterations to the surrounding rivers and the lake itself have led to an expansion of water-elm (Planera aquatic J.F. Gmel.) into the lake bed. In this study, we used dendrochronology and aerial photography to quantify the expansion of water-elm in the lake and identify...
Louisiana State Dept. of Education, Baton Rouge.
Completion of a course in cardiopulmonary resuscitation (CPR) is required for graduation from high school in Louisiana. This bulletin presents the guidelines for a course in CPR and was prepared with the cooperation of the American Red Cross (ARC) and the American Heart Association (AHA). At the conclusion of the course, students will be prepared…
Seaman, Julia E.; Seaman, Jeff
This brief report uses data collected under the U.S. Department of Education's National Center for Educational Statistics (NCES) Integrated Postsecondary Education Data System (IPEDS) Fall Enrollment survey to highlight distance education data in the state of Louisiana. The sample for this analysis is comprised of all active, degree-granting…
Krause, W.B.; Gnirk, P.F.
Three in-situ brine migration experiments were performed in domal salt in the Avery Island mine located in southwestern Louisiana. The primary measurements included temperature, moisture collection, and pre- and post-test permeability at the experimental sites. Experimental data are discussed and compared with calculations based on the single-crystal brine migration theory. Comparisons indicate reasonable agreement between experiment and theory
Dawn J. Schaffer; Craig A. Miller
Hurricanes Katrina and Rita made landfall in southern Louisiana during August and September 2005. Prior to these storms, swamp tours were a growing sector of nature-based tourism that entertained visitors while teaching about local flora, fauna, and culture. This study determined post-hurricane operating status of tours, damage sustained, and repairs made. Differences...
An environmental assessment tool to evaluate the impacts of nonpoint source (NPS) pollutants discharged from Mississippi River basins into the Gulf of Mexico and to assess their effects on receiving water quality will be described. This system (Louisiana Environmental Modeling S...
Brown, S. C.
Of 51 Louisiana students with Usher's Syndrome (a genetic condition characterized by hearing loss and progressive blindness), 71 percent manifested visual impairment and hearing loss, 9 percent had neither, 10 percent had visual impairments but a less-than-profound hearing loss, and 10 percent had profound hearing loss and no visual impairment.…
Background: Much scholarly and practitioner attention to the impact of Hurricane Katrina on the city of New Orleans, Louisiana has focused on the failures of government disaster prevention and management at all levels, often overlooking the human strength and resourcefulness observed in individuals and groups among ...
Boerts, P.O.; Henry, C.B. Jr.; Overton, E.B.
Stranded oil and tarballs deposited along the southern coast of Louisiana were source targeted, or compared for petroleum similarities, during 1992. The distribution, frequency, and composition of the stranded oil was assessed for specific study sites covering about 200 miles of the Louisiana coastline. Petroleum transportation off Louisiana shores is in the millions of barrels; with the Louisiana Offshore Oil Port receiving more than 200 million barrels per year. Also contributing to this transportation system are the outer continental shelf production activities, transporting 98 percent of their production by pipeline and 2 percent by barge. The questions addressed here are: What are the sources of the stranded oil and tar found upon the beaches? Are they primarily from small unrelated events, or are they from chronic discharges of identifiable sources? Preliminary data indicates a wide range of petroleum sources, with bunker oils most abundant. The petroleum has undergone varying degrees of weathering, or degradation by environmental processes. Preliminary data indicate relatively undegraded as well as extremely degraded petroleum, with no apparent correlation with study stations. Stations selected along the coastline were biannually surveyed, and petroleum samples collected were quantitatively assessed for petroleum per square meter per station. For a complete chemical assessment, the samples were qualitatively analyzed by detailed gas chromatography/mass spectrometry (GC/MS) characterization and source fingerprinting using selective ion monitoring (SIM). The results were plotted in a cluster matrix to highlight the number of possible sources and the chemical characteristics of the petroleum found
and non-CDM firms as the control group for the pre- and post-CDM implementation periods. We control for unobserved fixed effects of firms and time periods and observed characteristics of firms and CDM projects. The analysis draws on the balance sheet data of 612 firms from India between 2001 and 2012 from...
This article uses representative data for firms for Latin American firms and show that corruption decreases employment in firms. This result is robust to changes in specification and also consistent with the use of an instrumental variables approach. Corruption appears to negatively impact the growth and wealth in a country, not by introducing labour distortion in firms, but by keeping them small.
Description: This thesis deals with product-innovation in small firms. It aims at a better understanding of the determinants of product innovation in small firms, particularly those determinants that are related to the market orientation of small firms. The focus of the study is on small firms that
Beck, T.H.L.; Demirgüc-Kunt, A.; Maksimovic, V.
Using a firm-level survey database covering 48 countries, we investigate how financial and institutional development affects financing of large and small firms. Our database is not limited to large firms, but includes small and medium firms and data on a broad spectrum of financing sources,
Frederiksen, Anders; Halliday, Timothy; Koch, Alexander Karl
It is widely accepted that promotions within firms and mobility across firms lead to significant earnings progression. Existing research generally examined cross-firm mobility separately from hierarchical advancement. Yet, as our descriptive evidence from Danish panel data shows, how the two type...... growth of promotions (either within or across firms) and subsequent mobility at a higher hierarchy level....
... 21 Food and Drugs 1 2010-04-01 2010-04-01 false Firm-initiated recall. 7.46 Section 7.46 Food and....46 Firm-initiated recall. (a) A firm may decide of its own volition and under any circumstances to remove or correct a distributed product. A firm that does so because it believes the product to be...
... 48 Federal Acquisition Regulations System 6 2010-10-01 2010-10-01 true Firm fixed price. 1852.216... 1852.216-78 Firm fixed price. As prescribed in 1816.202-70, insert the following clause: Firm Fixed Price (DEC 1988) The total firm fixed price of this contract is $[Insert the appropriate amount]. (End...
Bartholdy, Jan; Mateus, Cesário
This paper analyzes the capital structure decision of non-listed bank-financed firms using a rich and unique new data set of Portuguese firms. These firms are rarely studied in capital structure contexts and differ from large listed firms in terms of agency and asymmetric information problems...
Degryse, H.A.; de Goeij, P. C.; Kappert, P.
We study the impact of firm and industry characteristics on small firms’ capital structure, employing a proprietary database containing financial statements of Dutch small and medium-sized enterprises (SMEs) from 2003 to 2005. The firm characteristics suggest that the capital structure decision is
Hyun Jung Nam
Full Text Available As shipping and logistics industry is one of the core industries in Korea, the volume was ranked in the fifth highest in the world. However, shipping and logistics industry of Korea has suffered from default risk since Global Financial Crisis in 2008. This study examines the relationship between the default risk, as measured by the Altman K-Score, and firm value, as measured by the Return on Assets (ROA, of shipping and logistics firms in Korea and compares the impact of default risk on firm value between good financial health firms and poor financial health firms. As the trends of KScores over a ten-year periods, shipping and logistics firms in Korea register weak-to-moderate financial healthy rage. We find that Altman K-Score is significantly linked with firm value and also higher performing firms as measured by the ROA exhibit higher financial health as measured by KScore. Although nine years have been passed since Global Financial Crisis 2008, Korean shipping and logistics industry is still under the financial depression. This study proposes that systematic financial alert system of Korean shipping and logistics industry should be required to decrease default risk reflecting significance of Korean economy.
H. Leory; Lex van Teeffelen
Recently Leroy et al. (2008) tested if the Theory of Planned Behavior (TPB) predicts exit behavior of entrepreneurs: liquidation or transfer. He added the purchasers view to the TPB: firm viability and intangible assets. We retested Leroy et al. hypotheses on a more refined dataset of 136 firms in
Gubbi, Sathyajit R.; Aulakh, Preet S.; Ray, Sougata; Sarkar, M. B.; Chittoor, Raveendra
While overseas acquisitions by emerging-economy firms are gaining increased attention from the business press, our understanding of whether and why this inorganic mode of international expansion creates value to acquirer firms is limited. We argue that international acquisitions facilitate
Singh, Prakash J.; Power, Damien
A number of reports show that innovation in Australian manufacturing firms is declining. We propose that better knowledge sharing practices can assist these firms to become more innovative. In this paper, we examine this proposition by empirically testing the relationship between knowledge sharing
R. Piergiovanni; E. Santarelli (Enrico); L. Klomp (Luuk); A.R. Thurik (Roy)
textabstractSeveral surveys on intra-industry dynamics have recently reached the conclusion from a large body of evidence that Gibrat's Law does not hold, i.e., the main finding is that firm growth decreases with firm size. However, almost all of these studies have been based on manufacturing. In
Benedetto, Di A.C.; Song, X.M.
Proposes that firms of different Miles and Snow strategic types will have different bundles of firm-level capabilities; that is, certain capabilities will be more important to certain strategic types. Specifically, proposes that prospectors have greater relative inside-out capabilities and
Schleimer, Stephanie Christine; Sculman, Arthur D.
There is evidence that intra-firm collaboration and inter-firm collaboration are important for new service development (NSD) and new product development (NPD) success. However, evidence of the contributions of each to innovative outcomes is inconsistent. This inconsistency is associated with the ...
Full Text Available This study examines the moderation effects of corporate governance provisions on the link between family involvement (i.e., family ownership and family management in publicly-traded firms and firm performance by drawing upon agency theory, with a focus on principal-principal agency issues, and the extant family governance literature. We develop and test the hypotheses on 386 of the S&P 500 firms longitudinally. Findings support the hypotheses suggesting the moderation effects of the use of provisions (a protecting controlling owners in terms of their sustainability of controlling status, and (b protecting management legally on the inverted U-shaped relationship between family ownership and firm performance. We also found support for the moderation effects of provisions (c protecting controlling owners in terms of their voting rights, (d protecting noncontrolling owners, and (e protecting management monetarily on the inverted U-shaped relationship between family management and firm performance. By this, our study provides empirical support for the principal-principal agency perspective on the corporate governance in publicly-traded family firms. As such, it suggests new avenues of research for both the corporate governance literature, as well as for the theory of the family firm. Our study also offers insights to policy directed toward monitoring the actions of large shareholders such as family and enhancing the overall shareholder value in publicly-traded family firms.
The paper examines whether the moderately regulated London AIM market is at a disadvantage in attracting high quality firms. The results show that firms listed on AIM are of the same quality level as firms listed in the US and in Continental Europe, albeit smaller in size. Furthermore, the delist......The paper examines whether the moderately regulated London AIM market is at a disadvantage in attracting high quality firms. The results show that firms listed on AIM are of the same quality level as firms listed in the US and in Continental Europe, albeit smaller in size. Furthermore...... equivalent to firms listing in more regulated markets...
Webre, Elizabeth C.
An annotated list of children's books published within the last 15 years and related to Louisiana culture, environment, and economics are linked to the Louisiana Content Standards. Readability levels of selected books are included, providing guidance as to whether a book is appropriate for independent student use. The thirty-three books listed are…
Full Text Available Open source technologies have been an important divergence from the private produc- tion, and some markets have accommodated both open source firms and private firms. We explore the conditions under which such a coexistence of both type of firms can be seen. Through a simple and tractable game theoretical model, with spillovers on the open source production and positive consumer bias for the privately produced good, we analyze the conditions for which, in the equilibrium, a private firm and an open source firm share the market. We find that for large enough consumer bias, the two types cannot coexist, however when the consumer bias is relatively low and the spillover effect is not too strong, then we get a coexistence result.
including the proposed moderating effect, on average, yield higher post-entry performance. This study sheds light on inconsistent results found in previous research investigating the impact of international experience and has practical implications for managerial decision-making.......This study investigates whether the relationship between mode of international market entry and non-location bound international experience is weaker for firms that are large or have a high foreign to total sales ratio, labeled multinational experience. Empirical evidence based on 250 foreign...... market entries made by Norwegian, Danish and Swedish firms suggests that the association between equity mode choice and non-location bound international experience diminishes in the presence of higher levels of multinational experience. Furthermore, firms whose entry mode choice is predicted by the model...
Valentin, Finn; Dahlgren, Johan Henrich; Lund Jensen, Rasmus
This report studies employment effects associated with the adoption of modern biotechnology in Danish industry. In this context we also examine industry structure, patterns of job creation, key outputs such as patents and the pipeline of projects in clinical trials. To see the development of Danish...... economy to perform in the transition towards knowledge and sciencebased competitiveness. That is so because DDFs to an unusual extent depend on the ability of their framework to perform as an innovation system, by which we refer to advantages growing out of interactions and complementarities between e.......g. universities, firms and venture capital. That makes DDFs a sensitive "seismograph" for the ability of the Danish innovation system to foster new science-based technologies.Key words: Employment, Biotechnology, Firm size distribution, Industry structure,Firm performanceJEL Codes: J21, L11, L22, L25, L65, O57...
Full Text Available This paper applies models in the extant literature that have been used to forecast operating cash flows to predict the cash flows of South African firms listed on the Johannesburg Stock Exchange. Out-of-sample performance is examined for each model and compared between them. The reported results show that some accrual terms, i.e. depreciation and changes in inventory do not enhance cash flow prediction for the average South African firm in contrast to the reported results of studies in USA and Australia. Inclusion of more explanatory variables does not necessarily improve the models, according to the out-of-sample results. The paper proposes the application of moving average model in panel data, and vector regressive model for multi-period-ahead prediction of cash flows for South Africa firms.
De Loecker, Jan; Warzynski, Frederic
We derive an estimating equation to estimate markups using the insight of Hall (1986) and the control function approach of Olley and Pakes (1996). We rely on our method to explore the relationship between markups and export behavior using plant-level data. We find significantly higher markups when...... we control for unobserved productivity shocks. Furthermore, we find significant higher markups for exporting firms and present new evidence on markup-export status dynamics. More specifically, we find that firms' markups significantly increase (decrease) after entering (exiting) export markets. We...... see these results as a first step in opening up the productivity-export black box, and provide a potential explanation for the big measured productivity premia for firms entering export markets....
Firm rationality plays a role in several aspects of competition law. Yet, the conception of the firm as a rational, profit maximizing entity has been disputed in different disciplines. This literature shows that neoclassical economic assumptions on which competition law is based can fall short of explaining the full range of observed firm behaviour. Accordingly, an alternative conception of the firm as boundedly rational can impact the understanding of firm conduct in competition law. Be...
Qi Luo; Toyohiko Hachiya
This paper presents evidence on cash holdings for Japanese firms listed on the Tokyo Stock Exchange, focusing on the impact of corporate governance factors in cash holdings and the implication of cash holdings to firm value. We find that insider ownership and bank relations of firms play a significant role in determining cash holdings. Our results indicate that foreign stockholders select profitable firms to invest, and these firms have higher levels of cash. We document evidence that cash ho...
Job creation and destruction rates fall with a firm's age, young businesses have higher exit rates, conditional on survival they grow faster and given their employment shares they create relatively more jobs than older firms. In fact, recent studies show that the well established negative relationship between a firm's size and its growth rate vanishes once its age is taken into account. I extend these findings by showing that, compared to old firms, employment growth in young firms is more vo...
Igari, Alexandre Toshiro; Tambosi, Leandro Reverberi; Pivello, Vânia Regina
Prior to deforestation, São Paulo State had 79,000 km(2) covered by Cerrado (Brazilian savanna) physiognomies, but today less than 8.5% of this biodiversity hotspot remains, mostly in private lands. The global demand for agricultural goods has imposed strong pressure on natural areas, and the economic decisions of agribusiness managers are crucial to the fate of Cerrado domain remaining areas (CDRA) in Brazil. Our aim was to investigate the effectiveness of Brazilian private protected areas policy, and to propose a feasible alternative to promote CDRA protection. This article assessed the main agribusiness opportunity costs for natural areas preservation: the land use profitability and the arable land price. The CDRA percentage and the opportunity costs were estimated for 349 municipal districts of São Paulo State through secondary spatial data and profitability values of 38 main agricultural products. We found that Brazilian private protected areas policy fails to preserve CDRA, although the values of non-compliance fines were higher than average opportunity costs. The scenario with very restrictive laws on private protected areas and historical high interest rates allowed us to conceive a feasible cross compliance proposal to improve environmental and agricultural policies.