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Sample records for luff exploration company

  1. Transvaal Consolidated Land and Exploration Company, Limited

    International Nuclear Information System (INIS)

    Lawrence, R.S.

    1983-01-01

    The difficult economic circumstances with which almost the whole world had to contend, brought serious financial crisis in many countries. South Africa also had its own share of serious problems. Despite this situation, Transvaal Consolidated Land and Exploration Company, Limited, showed on increase in earnings of 24 per cent per share. The reason for this lies mainly in two areas. Firstly the company acquired the mining related business of Rand Mines, Limited. Included in the acquisition was a partfolio of shares mainly in the company's associated gold and uranium mining companies and additional shares in its listed coal mining subsidiaries. Secondly, the average gold price realised by producers in rand terms, was considerably higher than in the previous year. Consolidated profit attributable to members increased by 52 per cent to R82,6 million

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

    International Nuclear Information System (INIS)

    Nyouki, E.

    1998-07-01

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

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

    International Nuclear Information System (INIS)

    Ghouri, S.S.K.

    1991-01-01

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

  4. Independent companies in the North Sea - exploration and operations opportunities

    International Nuclear Information System (INIS)

    Greentree, C.

    1992-01-01

    The North Sea was the launching pad for many independent oil companies, particularly through exploration success in the UK and the Netherlands. Norway has an excellent history of oil exploration but, for the independents, the onerous tax regime, long lead times, and terms of trade are simply not conducive to the higher rate of return demanded by shareholders of independent E and P companies in exchange for shouldering the heavy burden of risk. The UK in particular has pursued imaginative licensing, tax and legislative policies which have allowed the independents an opportunity to participate and grow. The attraction of the UK is clearly reflected by the constant arrival of new entrants, even at this stage of maturity. This was demonstrated in the recent round of license awards. Such has been the success of the independents in the UK that, beginning with virtually nothing, they now hold a net 28% of the UK North Sea acreage, and a net 25% of its oil reserves. Equally, the independents play an important role in ensuring the comprehensive exploration of the offshore areas. Because of size and significance, a prime objective of the independents will remain the early evaluation, through drilling, and development of offshore interests to generate a financial return. This paper addresses the question of how independent companies can expand in the North Sea when the size and quality of new range acreage available through new license awards is reducing. (author)

  5. Features of the marketing strategy of oil and gas companies in exploration drilling

    Science.gov (United States)

    Sharf, I.; Malanina, V.; Kamynina, L.

    2014-08-01

    The implementation of national and regional programs for the development of new oil and gas provinces of Eastern Siberia poses the challenge of increasing geological exploration. The current drilling service companies' market structure, as well as the strategic task of search and exploration effectiveness requires qualitatively new approaches for choosing a contractor. The proposed strategy to select a contractor based on comprehensive analysis of certain groups of industrial, financial, infrastructural criteria allows not only to optimize the costs of exploration activities, but also to minimize preventively the risks of a poor geological exploration. The authors' SWOT- analysis of the marketing strategy of "Gazprom neft" for choosing a contractor outlined the problem of imperfection of the Russian legislation in the sphere of activities of service companies in the oil and gas sector.

  6. Features of the marketing strategy of oil and gas companies in exploration drilling

    International Nuclear Information System (INIS)

    Sharf, I; Kamynina, L; Malanina, V

    2014-01-01

    The implementation of national and regional programs for the development of new oil and gas provinces of Eastern Siberia poses the challenge of increasing geological exploration. The current drilling service companies' market structure, as well as the strategic task of search and exploration effectiveness requires qualitatively new approaches for choosing a contractor. The proposed strategy to select a contractor based on comprehensive analysis of certain groups of industrial, financial, infrastructural criteria allows not only to optimize the costs of exploration activities, but also to minimize preventively the risks of a poor geological exploration. The authors' SWOT- analysis of the marketing strategy of ''Gazprom neft'' for choosing a contractor outlined the problem of imperfection of the Russian legislation in the sphere of activities of service companies in the oil and gas sector

  7. An Exploration of the Relationship between Training Grants and Profitability of UK Construction Companies

    Science.gov (United States)

    Abdel-Wahab, Mohamed; Dainty, Andrew R. J.; Ison, Stephen G.; Hazlehurst, Guy

    2008-01-01

    A levy/grant system exists in the UK construction industry to provide financial support for companies undertaking training activities. With the current UK government skills policy, there is an emphasis on ensuring that training support provided to employers is aimed at enhancing companies' profitability. This paper explores the profitability of…

  8. Exploring Partnerships between Local Communities and Timber Companies: An Experiment Using the Role-Playing Games Approach

    Directory of Open Access Journals (Sweden)

    Herry Purnomo

    2009-01-01

    Full Text Available Cooperation among stakeholders is widely accepted as an effective management strategy. This paper describes an experimental study that explores this cooperation using role-playing games, which is formulated within a multiagent simulation framework. This framework enables participants to take active roles in mimicking the collaborative decision environment and the behaviors and attitudes of the different stakeholders. The paper examines a forest plantation company in South Sumatra, Indonesia, which has cooperated with local communities since 2000. The experimental pilot study described in this paper explored the role of communication in partnership relationships between the company and the local communities living within and around the surroundings of the company's plantation. These partnerships were explored and analyzed using the gaming approach involving university students taking the role of forest stakeholders, from both the timber company and the local communities. Lessons learned from the game provided the rationale for the establishment of a communication institution called “Forum Sebahu Sejalan.” This formal forum was constituted after a facilitated ex-postinteraction between representatives from the timber company and local communities. Results and observations drawn from the interactions show the potentials of the RPG approach and the formal forum in crafting resilient partnerships among stakeholders.

  9. Exploring Partnerships between Local Communities and Timber Companies: An Experiment Using the Role-Playing Games Approach

    International Nuclear Information System (INIS)

    Purnomo, H.; Guizol, Ph.; Mendoza, G.A.

    2009-01-01

    Cooperation among stake holders is widely accepted as an effective management strategy. This paper describes an experimental study that explores this cooperation using role-playing games, which is formulated within a multi agent simulation framework. This framework enables participants to take active roles in mimicking the collaborative decision environment and the behaviors and attitudes of the different stake holders. The paper examines a forest plantation company in South Sumatra, Indonesia, which has cooperated with local communities since 2000. The experimental pilot study described in this paper explored the role of communication in partnership relationships between the company and the local communities living within and around the surroundings of the company's plantation. These partnerships were explored and analyzed using the gaming approach involving university students taking the role of forest stake holders, from both the timber company and the local communities. Lessons learned from the game provided the rationale for the establishment of a communication institution called Forum Sebahu Sejalan. This formal forum was constituted after a facilitated ex-post interaction between representatives from the timber company and local communities. Results and observations drawn from the interactions show the potentials of the RPG approach and the formal forum in crafting resilient partnerships among stake holders.

  10. Exploration of Organizing in Chinese High-Tech Companies Located in Denmark

    DEFF Research Database (Denmark)

    Westenholz, Ann

    Purpose: Very little research has been done to find out what happens to organizing in Chinese companies that are located in countries characterized by cooperative capitalism. I focus on this phenomenon and explore what happens to organizing in two Chinese high-tech companies located in Denmark....... Design/methodology/approach: Case studies, interviewing, and three questions inspired by the work of Boltanski & Thévenot: 1) What type of test scenarios are the Chinese and Danes becoming engaged in? 2) Which worlds are called upon as justification of actions by the Chinese and Danes in the test...... have enacted an industrial world and a civic world. Furthermore, it is suggested that controversies also occur when Chinese managers enact a fuzzy world. Different worlds collide in these types of test scenarios, creating ambiguity about the worth of the persons involved and the organizing principles...

  11. The impact of demographical variables on HRM practices in Saudi Telecom Company: An empirical exploration

    Directory of Open Access Journals (Sweden)

    Nasser S. Al-Kahtani

    2018-03-01

    Full Text Available Fair HRM practices are indispensable for the success of any company, especially the growing companies. The aim of this exploration is to understand the impact of certain personal characteris-tics of the employees of Telecommunication Company on HRM practices in the Kingdom of Saudi Arabia. A booklet consisted of HRM practices questionnaires along with personal characteristics blank sheet were used to gather the information of the respondents. A total of 210 sample collected from public and private sector Telecommunication Company existing in the Kingdom. The collected data was analyzed by inferential and descriptive statistics and the results were analyzed. The results revealed that married & unmarried, public & private sector, younger & older, high & low income and high & low experienced group of employees differ but in a varied degree on HRM practices in terms of performance appraisal, training and development, security and health, recruitment and se-lection, intention to stay in the company communication, working conditions, compensation and benefits, job analysis and co-worker relationships. The findings’ significances and implications were also elaborated at length and few suggestions were provided that could enhance the fair HRM practices in the telecommunication company in the Kingdom.

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

    Directory of Open Access Journals (Sweden)

    Wakhid Slamet Ciptono

    2005-06-01

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

  13. Pharmaceutical companies and healthcare providers: Going beyond the gift - An explorative review.

    Science.gov (United States)

    Latten, Tom; Westra, Daan; Angeli, Federica; Paulus, Aggie; Struss, Marleen; Ruwaard, Dirk

    2018-01-01

    Interactions between pharmaceutical companies and healthcare providers are increasingly scrutinized by academics, professionals, media, and politicians. Most empirical studies and professional guidelines focus on unilateral donor-recipient types of interaction and overlook, or fail to distinguish between, more reciprocal types of interaction. However, the degree of goal alignment and potential for value creation differs in these two types of interactions. Failing to differentiate between these two forms of interaction between pharmaceutical companies and healthcare providers could thus lead to biased conclusions regarding their desirability. This study reviews the empirical literature regarding the effects of bilateral forms of interactions between pharmaceutical companies and healthcare providers in order to explore their effects. We searched two medical databases (i.e. PubMed and Cochrane Library) and one business database (i.e. EBSCO) for empirical, peer-reviewed articles concerning any type of bilateral interaction between pharmaceutical companies and healthcare providers. We included quantitative articles which were written in English and published between January 1st, 2000 and October 31st, 2016, and where the title or abstract included a combination of synonyms of the following keywords: pharmaceutical companies, healthcare providers, interaction, and effects. Our search results yielded 10 studies which were included in our analysis. These studies focused on either research-oriented interaction or on education-oriented interaction. The included studies reported various outcomes of interaction such as prescribing behavior, ethical dilemmas, and research output. Regardless of the type of interaction, the studies either reported no significant effects or ambivalent outcomes such as affected clinical practice or ethical issues. The effects of bilateral interactions reported in the literature are similar to those reported in studies concerning unilateral

  14. The Opportunities and Challenges of the State-owned Exploration Companies Confronting the Prosperous Mineral Industry

    Science.gov (United States)

    Gao, Bangfei; Xie, Hui

    The stated-owned exploration companies (SOEC), of state-owned enterprises background, go for profits as well as national and social responsibility. The SOEC play significant roles in commercial mineral exploration by taking advantage of their brands, strong financial backing and operation capability to integrate the capital and technology. Since the disadvantage of backwardness, the SOEC have to deal with multiple problems, such as high costs of mineral rights acquisition, multi-cooperation project management, and the criterions for traditional techniques can not adapt the rapid commercial mineral exploration and evaluation. Under the new situation, the SOEC should be careful to make investment decisions, strengthen project management, introduce venture capital funds, and cooperate with the government and the state-owned exploration institution (SOEI). It's suggested to carry out small-scale assembled explorations to reduce the exploration risks and costs, and to increase the exploration success rate.

  15. Pharmaceutical companies and healthcare providers: Going beyond the gift – An explorative review

    Science.gov (United States)

    Westra, Daan; Angeli, Federica; Paulus, Aggie; Struss, Marleen; Ruwaard, Dirk

    2018-01-01

    Introduction Interactions between pharmaceutical companies and healthcare providers are increasingly scrutinized by academics, professionals, media, and politicians. Most empirical studies and professional guidelines focus on unilateral donor-recipient types of interaction and overlook, or fail to distinguish between, more reciprocal types of interaction. However, the degree of goal alignment and potential for value creation differs in these two types of interactions. Failing to differentiate between these two forms of interaction between pharmaceutical companies and healthcare providers could thus lead to biased conclusions regarding their desirability. This study reviews the empirical literature regarding the effects of bilateral forms of interactions between pharmaceutical companies and healthcare providers in order to explore their effects. Material and methods We searched two medical databases (i.e. PubMed and Cochrane Library) and one business database (i.e. EBSCO) for empirical, peer-reviewed articles concerning any type of bilateral interaction between pharmaceutical companies and healthcare providers. We included quantitative articles which were written in English and published between January 1st, 2000 and October 31st, 2016, and where the title or abstract included a combination of synonyms of the following keywords: pharmaceutical companies, healthcare providers, interaction, and effects. Results Our search results yielded 10 studies which were included in our analysis. These studies focused on either research-oriented interaction or on education-oriented interaction. The included studies reported various outcomes of interaction such as prescribing behavior, ethical dilemmas, and research output. Regardless of the type of interaction, the studies either reported no significant effects or ambivalent outcomes such as affected clinical practice or ethical issues. Discussion and conclusion The effects of bilateral interactions reported in the literature are

  16. Startup activities of established Finnish companies

    OpenAIRE

    Saalasti, Sini

    2016-01-01

    Established companies have collaborated with startups for decades in order to enhance their capabilities in technology and innovation. However, in the recent years, the changes in the business environment have induced established companies to increase their collaboration with startups. Thus, startup activities of established companies have become a timely phenomenon. This study explores the startup activities of established companies by analyzing all the activity established companies conduct...

  17. National companies : performance, ventures, utility

    International Nuclear Information System (INIS)

    Didier, F.

    1994-01-01

    The author shows how a performing National Company can efficiently contribute, in line with the producing State, to the negotiation with International Companies and the success of large oil ventures contemplated by reserves-short countries. Fully entrepreneurial, the National Company will usefully ''explore'' touchy matters, and bring closer national rationale and petroleum rationale. (Author)

  18. Multilingualism in Companies: An Introduction

    Science.gov (United States)

    Sherman, Tamah; Strubell, Miquel

    2013-01-01

    This thematic collection of four papers explores a number of perspectives on companies in which multiple languages are used. The "organisational" perspective concerns the question of how the presence of or demand for multiple languages in the company is managed--how companies are guided by national and other policies in regard to the use…

  19. Risk Management in Insurance Companies

    OpenAIRE

    Yang, Xufeng

    2006-01-01

    Insurance is the uncertain business in uncertain society. Today, insures face more complex and difficult risks. Efficient risk management mechanisms are essential for the insurers. The paper is set out initially to explore UK insurance companies risk management and risk disclosure by examining companies annual report after all the listed insurance companies are required to disclose risk information in their annual report, which seeks to reflect the recent development in UK insurance companies...

  20. Exploring the concept of QR Code and the benefits of using QR Code for companies

    OpenAIRE

    Ji, Qianyu

    2014-01-01

    This research work concentrates on the concept of QR Code and the benefits of using QR Code for companies. The first objective of this research work is to study the general information of QR Code in order to guide people to understand the QR Code in detail. The second objective of this research work is to explore and analyze the essential and feasible technologies of QR Code for the sake of clearing the technologies of QR code. Additionally, this research work through QR Code best practices t...

  1. Company Development Through the Employees

    DEFF Research Database (Denmark)

    Møller, Niels; Hvenegaard, Hans; Limborg, Hans Jørgen

    2003-01-01

    Human Deveoplment and Working Life - Work for Welfare explores whether the development of human resources at company level can improve individuals' quality of life, companies' possibilities of development, and welfare and democracy in society. Chapter four documents the the proces and results...

  2. Vertical integration of HRD policy within companies

    NARCIS (Netherlands)

    Wognum, Ida

    2001-01-01

    This study concerns HRD policy making in companies. More specifically, it explores whether so-called vertical integration of HRD policy at different organizational levels occurs within companies. The study involved forty-four large companies in the industrial and the financial and commercial

  3. CNG: Aiming to be an energy company, not a gas company

    International Nuclear Information System (INIS)

    Wheatley, R.

    1997-01-01

    Long before regulatory changes in the US paved the way for the union of natural gas and electric utility companies, Consolidated Natural Gas Co. (CNG) embarked on a strategy that would serve the company well in the 1990s. In 1995, CNG began a corporate repositioning to meet mounting competition, switching emphasis from its regulated businesses to the non-regulated side. The goal: to become an energy player, not only in the US but internationally. This paper focuses on the company's operations, business plans, and management strategies. The paper gives an overview, then discusses production of oil and gas, the growing exploration program and plans for the future

  4. Barriers to electricity load shift in companies: A survey-based exploration of the end-user perspective

    International Nuclear Information System (INIS)

    Olsthoorn, Mark; Schleich, Joachim; Klobasa, Marian

    2015-01-01

    As countries move toward larger shares of renewable electricity, the slow diffusion of active electricity load management should concern energy policy makers and users alike. Active load management can increase capacity factors and thereby reduce the need for new capacity, improve reliability, and lower electricity prices. This paper conceptually and empirically explores barriers to load shift in industry from an end-user perspective. An online survey, based on a taxonomy of barriers developed in the realm of energy efficiency, was carried out among manufacturing sites in mostly Southern Germany. Findings suggest that the most important barriers are risk of disruption of operations, impact on product quality, and uncertainty about cost savings. Of little concern are access to capital, lack of employee skills, and data security. Statistical tests suggest that companies for which electricity has higher strategic value rate financial and regulatory risk higher than smaller ones. Companies with a continuous production process report lower barrier scores than companies using batch or just-in-time production. A principal component analysis clusters the barriers and multivariate analysis with the factor scores confirms the prominence of technical risk as a barrier to load shift. The results provide guidance for policy making and future empirical studies. - Highlights: • We quantitatively assess barriers to load shift adoption among manufacturing firms. • Conceptually, we build on the literature on barriers to energy efficiency. • The most important barriers are interference with production and with product quality. • Companies with a continuous production process report lower barrier scores. • The barriers to load shift may be organized in distinct clusters via principal component analysis

  5. Successful diversification strategies of electricity companies: An explorative empirical study on the success of different diversification strategies of German electricity companies in the wake of the European market liberalization

    International Nuclear Information System (INIS)

    Mueller, Ralf; Steinert, Martin; Teufel, Stephanie

    2008-01-01

    Based on the EC directive 96/92, the liberalization of electricity markets is forcing electricity companies, to rethink their product and market strategy. However, neither the level of the initiated diversification efforts of former monopolies, nor their direction or their success are known or have been analyzed before. Therefore, Mueller [2006. Diversifikationsstrategien von Stromversorgungsunternehmen: Handlungsempfehlungen fuer schweizerische Stromversorgungsunternehmen auf der Basis einer empirischen Analyse des liberalisierten deutschen Strommarktes. IIMT University Press, Fribourg] has quantitatively determined the extent and direction of the diversification efforts in the electricity sector. Additionally, based on an exploratory case study research, successful diversification strategies have been identified and incorporated into 73 observations which form the basis of a set of normative recommendations for diversifying electricity companies. Since the analyses are based on the German electricity market, which fully liberalized earlier than most of its continental European counterparts, the results may especially guide other European electricity companies in their strategic diversification decisions. This paper publishes both the quantitative analysis on the degree and extents of diversification (sample time frame 1995-2000) as well as the qualitative analysis on the success of diversification strategies (sample time frame 1995-2003). Additionally, based on the obtained explorative observations, the diversification strategy of an idealized-electricity company is firstly presented for practitioners as normative recommendation, and secondly for academics, as starting point for future quantitative analysis framework. (author)

  6. New global realities for mining and exploration companies in today's world

    International Nuclear Information System (INIS)

    Klingner, G.D.

    2002-01-01

    This paper presented brief comments on the stock market, the economy and the business of mining industry consolidation. It also described the rapidly changing environment within the mining industry and the realities facing mineral resource exploration and development. The mining industry is market-driven. Mining stocks have done well recently, with most movement occurring with major mining companies, particularly gold. However, it was noted that current economic projects have wide ranges of possible errors because the world has become a riskier place in recent months. In 2001, world trade growth slowed to just under 1 per cent, the lowest level since 1982, and global GDP growth fell to 2.4 per cent, a recessionary rate. The GDP grew strongly in China, the world's second largest consumer of mineral-based products. The author suggested that the state of economic recovery in 2002 will depend on how the major industrial economies respond to monetary easing and on how financial and currency markets manage stresses arising from increased levels of indebtedness. It is likely that demand for mineral commodities will be slow and keeping a close control on supply will determine how soon producers will benefit from world economic recovery

  7. Companies as "Cyborgs"?

    DEFF Research Database (Denmark)

    Thompson, Grahame

    This paper investigates the legal and commercial consequences of companies being considered as both an entity and a person in law – hence the notion of ‘cyborg’ in its title. It concentrates upon legal personhood and relates this particular feature to the issue of corporate citizenship. In turn...... corporate citizenship provides a link to considering the political role of companies, since in claiming citizenship they are implicitly at least claiming a particular set of political rights consequent upon that status, and announcing a particular politically constrained context associated...... with their operational characteristics. But what would be involved in granting companies full citizenship rights in the image of natural person citizenship? The paper explores this issue in connection to the differences between corporate social responsibility and an earlier idea of the socially responsible corporation...

  8. Using technology for success - the practices of the leader companies in Western Canada Sedimentary Basin exploration and production strategies

    Energy Technology Data Exchange (ETDEWEB)

    Cyca, L.; Eynon, G.

    1997-04-01

    The success of oil and gas companies depends greatly on the effectiveness of their exploration and development programs. A study was conducted in which more than 75 companies, which account for over 80 per cent of industry production, were comparatively assessed. Data was obtained through questionnaires and interaction with participating companies. It was shown that leaders use only appropriate technologies and know when not to use those that are too costly. They make use of off-the-shelf technologies rather than develop new ones themselves. They provide effective dissemination of technology throughout their organizations. They require technology to help them do the `basics` well, but they also demand the application of some `art` in the process. Technologies considered most important to leaders include technologies related to stratigraphy and sedimentology, petrophysics and log analysis, seismic acquisition, processing, and interpretation, drilling, mud and logging systems, production history data-bases, reservoir description and modelling, and production optimization. Examples of technology utilization that are considered critical to success in individual strategy areas, and indications of the importance placed on individual technologies by leaders, relative to the rest of industry in each strategy were also provided. 5 figs.

  9. Developments in the strategic planning of the major oil companies

    International Nuclear Information System (INIS)

    Jenkins, Gilbert

    2000-01-01

    This paper focuses on the changes in strategic planning of the major oil companies since the 1970s, and considers the reorganisations of the companies, and upstream and downstream planning. New directions for the major companies downstream operation in the retail and aviation sectors, and the influence of the BP/AMOCO/ARCO/BURMAH, EXXON/MOBIL and TOTAL/FINA/ELF mergers on the international oil industry are explored. Tables illustrating the earnings of the major oil companies for upstream and downstream operations, and chemicals in 1999, and for BP UK exploration and production, and refining and marketing profits (quarterly) for 1983-2000 are presented

  10. International exploration by independents

    International Nuclear Information System (INIS)

    Bertagne, R.G.

    1992-01-01

    Recent industry trends indicate that the smaller U.S. independents are looking at foreign exploration opportunities as one of the alternatives for growth in the new age of exploration. The problems of communications and logistics caused by different cultures and by geographic distances must be carefully evaluated. A mid-term to long-term strategy tailored to the goals and the financial capabilities of the company should be prepared and followed by a careful planning of the operations. This paper addresses some aspects of foreign exploration that should be considered before an independent venture into the foreign field. It also provides some guidelines for conducting successful overseas operations. When properly assessed, foreign exploration is well within the reach of smaller U.S. independents and presents no greater risk than domestic exploration; the rewards, however, can be much larger. Furthermore, the Oil and Gas Journal surveys of the 300 largest U.S. petroleum companies show that companies with a consistent foreign exploration policy have fared better financially during difficult times

  11. Founders of share companies under the Ethiopian share company law

    African Journals Online (AJOL)

    This article explores the Commercial Code and other laws of Ethiopia regarding founders – who they are, liabilities and benefits - who are also called 'promoters' by many other company laws. To some extent, it also looks into the business practice based on documents like memorandum of associations, articles of ...

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

    Science.gov (United States)

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

    2010-01-01

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

  13. Dilemmas and Challenges in the Marketing of Hybrid Organizations: A Theoretical Exploration of Dutch Sheltered Work Companies

    Directory of Open Access Journals (Sweden)

    Lieske van der Torre

    2014-02-01

    Full Text Available This article explores the dilemmas and challenges that hybrid organizations face when developing marketing strategies. Hybrid organizations are organizations that combine tasks and characteristics of governmental organizations, private (for profit organizations, and non-profit organizations. In this article, we show that these organizations are confronted with different target groups, organizational identities and key images. In some instances, the key messages that need to be transmitted through marketing strategies may even be incompatible. Dutch sheltered work companies are illustrative examples of hybrid organizations. They compete with temp work agencies in providing employees to employers, they provide care for people with severe disabilities and they implement the Dutch Sheltered Work Act in their role of governmental agencies. This article theoretically identifies the challenges and dilemmas that may be involved in the marketing of these diverse activities and explores strategies that may be used to overcome these challenges and dilemmas.

  14. The rise and fall of an oil company

    International Nuclear Information System (INIS)

    Hanson, B.M.

    1991-01-01

    A tremendous amount of oil and gas reserves has been found. These reserves were discovered when geologists were in key positions. Exploration oriented leaders are not in key positions today. As with all living organisms, oil companies are governed by a life cycle which includes birth, adolescence, maturity, old age, and death. The life cycle of a company is characterized by its CEO/management team. During the birth of an oil company, a geologist and/or entrepreneur (leader) who has a desire to succeed is in charge. There are few tangible assets and the mortality rate is high. In the adolescence stage, the leader is willing to take high risks and is very receptive to new ideas. The discovery of company-making reserves are most likely to occur during this stage. During maturity, the key officer is usually an engineer who develops the newly found reserves. He has the desire to quantify exploration ventures in unrealistic, precise terms. Old age usually has a CPA as manager who prefers to take cash flow and transfer it to other businesses (diversification). The sale of properties starts in this stage. The last stage is death and the key officer is either a lawyer or a banker. The legal entanglement will start that inevitably plagues the cash-rich, asset-rich oil company. There is no residual expertise conducting exploration activity. We now have the liquidation of remaining assets and the company goes through mergers or sale

  15. Labour flexibility in China's companies: An Empirical Study

    NARCIS (Netherlands)

    Y. Chen (Yongping)

    2001-01-01

    textabstractLabour flexibility in China???s Companies: An Empirical Study explores labour flexibility at the workplace in ten manufacturing companies in China. It addresses how HRM contributes and facilitates management in coping with increasing market competition. Flexible labour practices are

  16. Introduction to Oryx Energy Company

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    Oryx Energy is an international hydrocarbon exploration and production company with proved reserves approaching one billion equivalent barrels and assets of about $4 billion. The company's worldwide headquarters are in Dallas, Texas, and it has major interests in the US Gulf of Mexico where it is expanding into the Flex Trend area. By the end of the decade, however, the company expects that 50 percent of its total reserves will be in the fast-growing overseas arena. Its current interests include operations in the United Kingdom North Sea, Indonesia, Equador, Gabon and Australia. To exploit and increase these resources the company has investigated in horizontal drilling techniques and advanced computing facilities which have greatly improved its direct hydrocarbon indicator technology, three-dimensional seismic analysis and reservoir simulations. (UK)

  17. International exploration by independent

    International Nuclear Information System (INIS)

    Bertragne, R.G.

    1992-01-01

    Recent industry trends indicate that the smaller U.S. independents are looking at foreign exploration opportunities as one of the alternatives for growth in the new age of exploration. Foreign finding costs per barrel usually are accepted to be substantially lower than domestic costs because of the large reserve potential of international plays. To get involved in overseas exploration, however, requires the explorationist to adapt to different cultural, financial, legal, operational, and political conditions. Generally, foreign exploration proceeds at a slower pace than domestic exploration because concessions are granted by a country's government, or are explored in partnership with a national oil company. First, the explorationist must prepare a mid- to long-term strategy, tailored to the goals and the financial capabilities of the company; next, is an ongoing evaluation of quality prospects in various sedimentary basins, and careful planning and conduct of the operations. To successfully explore overseas also requires the presence of a minimum number of explorationists and engineers thoroughly familiar with the various exploratory and operational aspects of foreign work. Ideally, these team members will have had a considerable amount of on-site experience in various countries and climates. Independents best suited for foreign expansion are those who have been financially successful in domestic exploration. When properly approached, foreign exploration is well within the reach of smaller U.S. independents, and presents essentially no greater risk than domestic exploration; however, the reward can be much larger and can catapult the company into the 'big leagues.'

  18. Company profile: Big changes revive independent's profits

    International Nuclear Information System (INIS)

    Tippee, B.

    1996-01-01

    In 4 years' time, American Exploration has changed from an aggressive acquirer and manager of producing properties for institutional investors into a geographically focused independent producer dedicated to making money by finding and producing oil and gas. Through its adaptations to unexpectedly stagnant oil prices, American Exploration reflects the type of top-to-bottom changes many independent producers have made to survive a brutal decade. It also demonstrates that an independent producer can prosper in the absence of ever-rising prices: the company reported net income of $3.9 million last year following a $54.8 million loss--much of it related to an accounting change--in 1994 and a string of losses before that. In an interview with Oil and Gas Journal, Andrews discussed his company's transformation and financial turnaround, his new appreciation for the balance between capital and technology, and future directions of his company and industry

  19. Final environmental statement related to the Minerals Exploration Company, Sweetwater Uranium Project (Sweetwater County, Wyoming). Docket No. 40-8584

    International Nuclear Information System (INIS)

    1978-12-01

    The proposed action is the issuance of a Source Material License to Minerals Exploration Company (MEC) for the construction and operation of the proposed Sweetwater Uranium Mill in Sweetwater County, Wyoming, with a nominal capacity of 3000 tons (2.7 x 10 6 kg) per day of uranium ore. As part of this proposal, the applicant proposes also to construct a heap leaching and resin ion-exchange facility to extract uranium from low-grade ores and mine water. Conditions for the protection of the environment are set forth

  20. Exploration and development at crossroads in Ecuador

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    This paper reports that Ecuador's oil and gas sector has reached a pivotal point in its history. After several years of fairly brisk activity, foreign operators recently began scaling back exploration in Ecuador. They cited results that haven't met expectations and persistent delays in obtaining approval by state owned Petroecuador for development of reserves that have been discovered. Foreign oil companies had anticipated the pace of development would accelerate in Ecuador in early 1992, but major projects generally remained in limbo for most of this year. At presstime, however, there were signs of an encouraging follow-through in promised reforms in the permitting process. Petroecuador in April-May approved two of those projects and a third in June. Of the 13 oil companies or groups that had signed exploration contracts with the state oil company since 1985, several companies have terminated their operations in the country, and only one company, Oryx Energy Co., Dallas, is producing a small volume of oil. Two other companies have been negotiating exploration rights for about 2 years, with contracts yet to be signed

  1. Motives for Corporate Social Responsibility in Chinese Food Companies

    OpenAIRE

    Dongyong Zhang; Qiaoyun Ma; Stephen Morse

    2018-01-01

    This paper explores the connection between corporate social responsibility (CSR) and food safety and how best to promote CSR in Chinese food companies by comparing two groups of food companies, one which had food safety incidents in the previous three years and one which had no food safety incidents during the same period. Managers of 498 food companies in 17 regions of China were surveyed. It was found that companies where the senior management gave higher levels of support and commitment to...

  2. Staff perceptions of organisational values in a large South African manufacturing company: exploring socio-demographic differences

    Directory of Open Access Journals (Sweden)

    Nico Martins

    2011-11-01

    Research purpose: The objective of the study was to explore the perceptions of men and women staff members, as well as members of various race and age groups, in a large South African manufacturing company about the current enactment of organisational values and the importance of these values. Motivation for the study: The challenge of managing multi-cultural work forces from different gender, race and generational backgrounds makes an understanding of how peoples’ values align with those of their organisations, as reflected in their cultures, necessary. Research design, approach and method: Using an organisational values scale, the researchers conducted a quantitative survey on a random sample of 988 participants employed in a large South African manufacturing company. Main findings: ANOVAs and post hoc multiple comparison of means tests revealed that gender, race and age have a significant effect on some of the dimensions of organisational values and that these biographical groups differ significantly in their perceptions of the importance of certain organisational values as well as how their organisations enact them. Practical/mangerial implications: The findings highlight the importance of understanding staff perceptions in creating greater commitment to organisational values as important aspects of an effective organisational culture. Contribution/value-add: This study is original research that contributes new knowledge to the field of organisational psychology and management practices.

  3. Sustainable employability for older workers: an explorative survey of belgian companies.

    Science.gov (United States)

    Verbrugghe, Mathieu; Kuipers, Yoline; Vriesacker, Bart; Peeters, Ilse; Mortelmans, Katrien

    2016-01-01

    The European Agency for Safety and Health at Work (EU-OSHA) is developing an online e-guide, which will provide tips and practical information for each EU country (in their national language(s)) on ageing and occupational health and safety. The e-guide will be launched in 2016 as part of the EU-OSHA campaign on Healthy Workplaces for all ages. The e-guide will present evidence, tools and practical examples of how companies can take action and effectively promote sustainable employability. As part of the development of the e-guide, a cross-sectional study was conducted to survey Belgian employers in April 2015 to determine their specific needs concerning older workers' occupational health and safety issues. Researchers from Milieu Ltd. (Brussels, Belgium), the consultancy company coordinating the e-guide project, and Mensura Occupational Health Services (Brussels, Belgium) developed a 13-item questionnaire. The survey addressed the needs and importance given to sustainable employability of older workers in Belgian companies and evaluated corporate knowledge regarding relevant national policies. The questionnaire was distributed electronically to the management of 22,084 private-sector companies affiliated with Mensura. Ten percent (n = 2133) of recipients opened the e-mail, and 37 % (n = 790) of these completed the questionnaire. In 89 % of the responding companies, sustainable employability of workers aged ≥55 years plays an important role; 70 % have no active sustainable employability policy/initiative; 18 % experience difficulties promoting sustainable employability; and 86 % indicate no need for support to promote sustainable employability. Respondents noted the following health complaints among workers aged ≥55 years: work-related health problems (31 %), stress (26 %), work agreements/type of work (17 %), work/life balance (15 %), and career development and/or training (9 %). Topics concerning health and well-being of workers aged ≥55

  4. Social Capital, ICT Use and Company Performance

    DEFF Research Database (Denmark)

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

    2010-01-01

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

  5. Social Capital, ICT Use and Company Performance

    DEFF Research Database (Denmark)

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

    2009-01-01

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

  6. Going Global: Key Insights from Two Mexican Companies

    OpenAIRE

    Martha RIVERA; Silvia CACHO-ELIZONDO

    2015-01-01

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

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

    African Journals Online (AJOL)

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

  8. To tender, re-negotiate or partner: Strategies for contracting service companies

    International Nuclear Information System (INIS)

    Gouldie, T.A.

    1994-01-01

    The contracting of oilfield service companies by petroleum exploration and production operating companies is different than the contracting of civil engineering, construction or other project-oriented contractors. The relationship between operating companies and oilfield service companies has had a long and unique history which has evolved since the first oil wells were drilled over a century ago. The process of contracting service companies by operating companies for petroleum exploration and production work can be split into three distinct stages: (1) decide what it is that should be contracted out and what should be kept in house; (2) determine the method to use to select the contractor(s) to perform the work; and (3) agree to the contractual structure to best reflect the relationship the operating company and the service company with to initiate and maintain. As there are ongoing changes to the business structures and corporate thinking of both operating and service companies, there are also evolving changes to what are considered core businesses and the methods of selecting and contracting service companies by operating companies. Operating companies are recognizing the high costs of tendering for contractor services in terms of personnel time and administrative effort, and are relying more on negotiating and rolling-over existing contracts with their suitable, capable contractors. Partnering, in its many forms and levels, is increasingly being recognized as a useful method to get better work done at cheaper overall costs

  9. Marginal Experiments: Peter Brook and Stepping out Theatre Company

    Science.gov (United States)

    Harpin, Anna

    2010-01-01

    This article juxtaposes the recent work of Peter Brook with a Bristol-based mental health service-user collective--Stepping Out Theatre Company. Informed by field-work with the company, this chapter explores the aesthetic and political relationship between professional, experimental theatre work and community-based performance practice. Drawing…

  10. Alliances and partnering: A new relationship between oil/gas producing companies and service companies

    International Nuclear Information System (INIS)

    Gazi, N.H.; Hottman, W.E.; Logan, J.L.; Verrett, R.C.

    1995-01-01

    The current state of the energy industry finds both operating and service companies squeezed by lower prices and higher costs. Investment in exploration, equipment, and technology has been severely restricted. Many operators are responding to these harsh market conditions by re-engineering their work processes and focusing on core business activities. Re-engineered work processes encourage operators and service companies to work closely together. This motivates both to eliminate duplication, simplify processes, increase efficiency and capitalize on combined expertise to enhance production and optimize total system cost. Alliances and partnering are based on mutual trust and the commitment to add value to both organizations. Aligning interests is fundamental in establishing a lasting and mutually beneficial relationship. This paper presents an overview of these new relationships. The benefits and concerns of changing from traditional bidding agreements to new business arrangements between producing companies and service companies is discussed. Evaluation criteria for potential candidates, how to structure an alliance or partnering agreement, and a discussion of the key issues in the application of incentive contracts is presented

  11. International exploration by independents

    International Nuclear Information System (INIS)

    Bertagne, R.G.

    1991-01-01

    Recent industry trends indicate that the smaller US independents are looking at foreign exploration opportunities as one of the alternatives for growth in the new age of exploration. It is usually accepted that foreign finding costs per barrel are substantially lower than domestic because of the large reserve potential of international plays. To get involved overseas requires, however, an adaptation to different cultural, financial, legal, operational, and political conditions. Generally foreign exploration proceeds at a slower pace than domestic because concessions are granted by the government, or are explored in partnership with the national oil company. First, a mid- to long-term strategy, tailored to the goals and the financial capabilities of the company, must be prepared; it must be followed by an ongoing evaluation of quality prospects in various sedimentary basins, and a careful planning and conduct of the operations. To successfully explore overseas also requires the presence on the team of a minimum number of explorationists and engineers thoroughly familiar with the various exploratory and operational aspects of foreign work, having had a considerable amount of onsite experience in various geographical and climatic environments. Independents that are best suited for foreign expansion are those that have been financially successful domestically, and have a good discovery track record. When properly approached foreign exploration is well within the reach of smaller US independents and presents essentially no greater risk than domestic exploration; the reward, however, can be much larger and can catapult the company into the big leagues

  12. Companies: oil and gas industry on the up

    International Nuclear Information System (INIS)

    Burk, V.A.

    1994-01-01

    The results of a 1993 survey of the oil and gas industries in the USA are reported. Exploration and development spending and production replacement rates increased for the first time since 1990 while reserve replacement costs were at their lowest for five years. Data demonstrating these improvements are included. The information is drawn from 250 publicly owned oil and gas companies, 28 of which have headquarters outside the USA. A ranked list of the ''Top 100'' companies is presented, detailing: oil and gas reserves and production revenues; results of operations from producing activities; acquisition, exploration and development expenditures; reserve and production replacement costs. (UK)

  13. The negotiation of exploration and production and sharing agreements in Libya

    Energy Technology Data Exchange (ETDEWEB)

    MacGillivray, B. [PanCanadian Energy Services, Calgary, AB (Canada)

    2002-07-01

    The renewed interest in obtaining oil and gas exploration rights in Libya can be attributed to the suspension of United Nations sanctions against Libya and the return of US corporations to the basin. Several exploration and production companies, including Canadian companies, are considering Libya as an investment opportunity, given its relative stability. This paper describes one experience in negotiating an Exploration and Production Sharing Agreement (EPSA) in Libya, with particular attention to exploration rights, rather than field development or reactivation rights. Petroleum rights in Libya are granted through a contract directly between the host government and the exploration company, via an EPSA between the National Oil Corporation of Libya and the foreign exploration company. EPSA provides the specific requirements to the foreign company for the exploration concession. Petroleum rights in Libya are similar to those granted in other countries. The foreign company assumes all exploration risks in exchange for a share of production. Concessions in Libya are acquired through direct negotiations with the National Oil Corporation. The paper describes how EPSA negotiations are conducted in Libya with reference to the number of blocks available for bidding, the negotiation of a work program, negotiation of fiscal terms, and negotiation of the EPSA itself. Some of the relevant terms contained in the agreement are also described, including the contractual term, the minimum work obligations, regulation and control of contractor activity, and cost sharing and production splitting. The paper also describes some of the other provisions noted in the EPSA including taxation, title to capital property, force majeure, governing language, and local personnel. Other points regarding oil and gas exploration in Libya are also discussed, including US sanctions which affect Canadian companies doing business in Libya, the use of consultants, and the role that local counsel plays in

  14. Oil companies and village development in Nigeria

    International Nuclear Information System (INIS)

    Ikporukpo, C.O.

    1993-01-01

    The economic interest of oil companies and the oil-producing Third World countries, together with the technological handicaps and political considerations of the latter, provide the scenarios within which the two groups interact. In the early history of oil exploitation, the relationship was such that the oil companies had the final say in all matters. Furthermore, apart from the token royalty, no taxes were usually imposed on the exploration companies. The relationship between the oil companies and the host local communities, even in the developed countries, seems to be a replica of that between the companies and the host countries. There is the feeling in many of the local communities that they have gained little or nothing from petroleum exploitation. This is the case not only in the setting of a less developed country, such as Nigeria, but also in that of a developed country, such as the United States. In these communities, the adverse environment effect of oil exploitation is usually perceived as being overwhelming. (author)

  15. Logistics in Estonian business companies

    Directory of Open Access Journals (Sweden)

    A. Kiisler

    2008-12-01

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

  16. 110 C thermoluminescence glow peak of quartz – A brief review

    Indian Academy of Sciences (India)

    sitization property. Various aspects of the peak, like its nature, defect centres involved, ... sensitivity, reliability, versatility and compatibility with the detection system. Its ...... [24] H M Rendell, P D Townsend, R A Wood and B J Luff, Radiat. Meas.

  17. Maps compiled by the ESSO Minerals Company during their exploration program for uranium in South Africa

    International Nuclear Information System (INIS)

    Bertolini, A.; Pretorius, L.; Weideman, M.; Scheepers, T.

    1985-09-01

    The report is a bibliography of approximately one thousand maps. The maps contain information of ESSO Minerals Company's prospecting activities for mainly uranium in South Africa. ESSO explorated for uranium in the Karoo, Northwestern Cape and the Bushveld. The bibliography contains two indexes. The one is a list of prospects and projects as per geological province and the other is an alphabetic list of projects and prospects. Three geological provinces are distiguished, namely, the Bushveld province, Karoo province and Namaqualand province. The annotations contain information on the location and geographic area of the map, the name of the project or prospect, the title, a statement of resposibility (this includes the compiles i.e. geologists, and/or draftsmen), the statement of scale which is always expressed as a ratio, the date of compilation and/or revision and a few keywords to indicate the topical subject matter

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

    Directory of Open Access Journals (Sweden)

    Nejla Kerfai

    2016-06-01

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

  19. COMPANY PERFORMANCE MEASUREMENT AND REPORTING METHODS

    Directory of Open Access Journals (Sweden)

    Nicu Ioana Elena

    2012-12-01

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

  20. When a mature technology company pivots: A case study of Logitech

    OpenAIRE

    Anderson Darrell; Daniel Johnson

    2016-01-01

    Life cycle theory has been shown to be an important explanation of the relationship between sales and stock prices. This study explores how the technology company Logitech attempted a transition from a mature life-cycle company in computer peripherals to a growth company in the music, tablet, and gaming industries. We show that stock price correlates with accounting performance differently across the company’s life cycle.

  1. Lean Production as Promoter of Thinkers to Achieve Companies' Agility

    Science.gov (United States)

    Alves, Anabela C.; Dinis-Carvalho, Jose; Sousa, Rui M.

    2012-01-01

    Purpose: This paper aims to explore the lean production paradigm as promoter of workers' creativity and thinking potential, and recognize this human potential as a fundamental asset for companies' growth and success, being a major factor to face the disturbing and unpredictable needs of current markets, providing companies with the necessary…

  2. Brand management of Slovenian export companies

    Directory of Open Access Journals (Sweden)

    Aleksandra Pisnik Korda

    2008-07-01

    Full Text Available This paper describes the characteristics of brand management in the context of the companies in Slovenia that are intensively engaged in the internationalization of their business operations. Using a sample of the 200 largest export companies in Slovenia, it explores the impact of internationalized business operations on the marketing mix component strategies to identify the most frequent internal and external hindrances to the internationalization that exert influence on the companies’ most important brands. The paper also analyzes the importance of long-term experience and knowledge of the market in the consolidation of brand effectiveness and the companies’ reputation and ascertains whether the companies with a higher level of internationalization employ a larger number of less tangible brand performance criteria than those with a lower level of internationalization.

  3. Happy oil companies

    International Nuclear Information System (INIS)

    Maincent, G.

    2009-01-01

    The decay of demand, the bad financial results of the first half of 2009 and the hypothetical depletion of reserves must not hide a reality: oil companies are passing through the economic crisis without much trouble. Even if profits have marked time in volume (-57% for BP, -65% for Shell..), the net margins have not significantly suffered and the available cash remains comfortable (14 billion euros for Total as an example). The perspectives offered by the new offshore sites (like Santos in Brazil) added to the fabulous promises of the Iraqi market where 'majors' can now make their come-back will be the key of success of oil companies. The overall exploration-production investments should start up again by the beginning of 2011. For the only offshore drilling domain, they should rise up by 32% during the 2009-2013 period which represents a sum of 367 billion dollars. (J.S.)

  4. Decree 316/011. It approve the bases for the oil companies selection process about the hydrocarbons exploration and exploitation in the Republica Oriental del Uruguay offshore Round II including the respective model contract

    International Nuclear Information System (INIS)

    2011-01-01

    This decree approve the bases for the oil companies interested in the hydrocarbons exploration and exploitation in the Republica Oriental del Uruguay. The energetic fossil research is regulated by the energetic sector with rules defined by the executive. Ancap evaluate the company proposals in relation of different topics such as drilling and processing, electromagnetism, sea floor sediments samples, oil well evidences and seismic information

  5. Internal environment analysis and its improvement in company Ltd "German Products Baltics"

    OpenAIRE

    Štekels, Jānis

    2012-01-01

    The topic of the Bachelors work is „Internal environment analysis and its improvment in company Ltd „German Products Baltics””. The objective of Bachelors work is to explore and analyze the internal environment and to develop proposals for its improvement. Subject of the work is actual, because each company before starting its business or to change something in companies work, should understood the companies strength and weaknesses by analyzing internal environment. Bachelor work consists of ...

  6. Pharmaceutical companies and healthcare providers : Going beyond the gift. An explorative review

    NARCIS (Netherlands)

    Latten, Tom; Westra, Daan; Angeli, Federica; Paulus, Aggie; Struss, Marleen; Ruwaard, Dirk

    2018-01-01

    Introduction: Interactions between pharmaceutical companies and healthcare providers are increasingly scrutinized by academics, professionals, media, and politicians. Most empirical studies and professional guidelines focus on unilateral donor-recipient types of interaction and overlook, or fail to

  7. The Current and Future Role of Nigerian Indigenous Oil Companies in the Mature Niger Delta

    International Nuclear Information System (INIS)

    David Rowlands, Spectrum Energy and Information Technology Ltd

    2002-01-01

    Over the last 10 years, there has been a steady increase in the number of successful Indigenous Oil Companies exploring for hydrocarbons in the Niger Delta. A number of these companies have already entered into partnership agreements with overseas based oil companies, however, many more are still seeking technical and financial partnership agreements with overseas based oil companies, however, many more are still seeking technical and financial partners to fulfil their licence commitments. The first exploration licence to an Indigenous Company was awarded in the mid eighties. However, it wasn't until the early nineties that the Nigerian Government's intention to privatise the oil industry gathered momentum. Between 1991 and 1993 a number of discretionary awards of acreage from various sedimentary basins in Nigeria were made to Nigerian Indigenous Companies. Many of these companies had little or no previous experience of hydrocarbon exploration.Sixteen of the Indigenous Companies have already reported discoveries in various parts of the delta, either in partnerships with foreign companies or independently. Eight of the Indigenous Companies are producing hydrocarbons. With very little production in the early 90's, the Indigenous Companies now account for over 4.5% of Nigeria's daily production. The government is intent on increasing this percentage through initiatives such as the Marginal Fields re-allocation programme, and the continued award of acreage in traditional license rounds. This paper takes a closer look at the operations and discoveries of two Indigenous Companies Solgas and Summit with the aim of providing an insight into the structure and mode of operation of typical Nigerian Indigenous Oil Companies.The more recent licensing activity in Nigeria includes the current Marginal Fields re-allocation programme and also possible participation of Nigerian companies in the join Development Zone between Nigeria and Sao Tome and Principe. The paper concludes with

  8. Making waves in seismic exploration software: Annual report 1998

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1999-11-01

    GMA International is in the business of developing and supplying geological, geophysical and petrophysical computer-aided exploration software products for use in hydrocarbon exploration and exploitation world-wide. The company is headquartered in Calgary; it also has offices in Houston and London. It has over 5,500 installations and licensing arrangements with over 700 companies in 53 countries. This report details operating results during 1998, which included adding 77 new clients and the sale of over 300 new software licenses to new and existing clients. Consolidated balance sheets provide statements of earning (losses) and retained earnings, and changes in the company`s financial position.

  9. Subsea prizes : companies pushing the envelope offshore

    Energy Technology Data Exchange (ETDEWEB)

    Macedo, R.

    2009-06-15

    In order to make projects economic, companies are going farther offshore and deeper to find oil and gas or to use existing offshore platforms and longer horizontals. Companies such as StatoilHydro are reworking strategies on how to approach future oil finds. This article discussed examples of ultra deep and long horizontal oil finds such as Statoil's complicated but highly successful Gulltopp project. Although drilling ultra-deep wells or long horizontal wells is risky, they can also be very lucrative. The article also discussed McMoRan Exploration Company of New Orleans' high-risk deeper targets in the Gulf of Mexico and its exploration strategy. The longest well in the world, drilled by Maersk Oil Qatar AS was also described. The article noted that the Danish company reported that the entire horizontal section of the well was placed within a reservoir target which was only 20 feet thick. Schlumberger helped Maersk Oil Qatar break several records with extended reach drilling (ERD) offshore well. This well set 10 records, including the longest well ever drilled; longest along-hole departure; longest 8 and a half inch section; highest ERD ratio; highest directional drilling difficulty index; deepest directional control; deepest downlink, MWD transmission and LWD geosteering; deepest battery-less operation; longest reservoir contact; and longest open hole. Last, the article discussed an unsuccessful well drilled by Murphy Oil Corporation known as the Manhattan well. 8 figs.

  10. There be dragons: Canadian explorers in international fields

    Energy Technology Data Exchange (ETDEWEB)

    O' Meara, D

    1999-11-01

    International hotspots of Canadian exploration and production companies are described. Examples of mid-sized Canadian companies competing successfully in many parts of the world are recounted. Being Canadian and having access to countries that Americans do not because of trade sanctions, allows Canadian companies to bring to these countries all the North American technology without the associated politics. Successes by Canadian Occidental Petroleum in Yemen, in Africa, the former Soviet Union and South America, or Alberta Energy Company International's recent commitment to explore in Azerbaijan with estimated reserves of 5.9 billion barrels of oil-equivalent, are only some of the examples where Canadian explorers have been very successful. Some of the problems faced by international operators such as scarcity of indigenous trained personnel, lack of infrastructure, unstable governments, and/or unfriendly government policies, tribal wars, unfavourable public reaction 'back home' to repressive regimes in parts of the world ( e.g. Talisman Energy in Sudan) are some of the dangers faced by companies venturing into the global arena, driven by dreams of untold riches, but also by the prospects of diminishing reserves on home turf.

  11. There be dragons: Canadian explorers in international fields

    Energy Technology Data Exchange (ETDEWEB)

    O' Meara, D.

    1999-11-01

    International hotspots of Canadian exploration and production companies are described. Examples of mid-sized Canadian companies competing successfully in many parts of the world are recounted. Being Canadian and having access to countries that Americans do not because of trade sanctions, allows Canadian companies to bring to these countries all the North American technology without the associated politics. Successes by Canadian Occidental Petroleum in Yemen, in Africa, the former Soviet Union and South America, or Alberta Energy Company International's recent commitment to explore in Azerbaijan with estimated reserves of 5.9 billion barrels of oil-equivalent, are only some of the examples where Canadian explorers have been very successful. Some of the problems faced by international operators such as scarcity of indigenous trained personnel, lack of infrastructure, unstable governments, and/or unfriendly government policies, tribal wars, unfavourable public reaction 'back home' to repressive regimes in parts of the world ( e.g. Talisman Energy in Sudan) are some of the dangers faced by companies venturing into the global arena, driven by dreams of untold riches, but also by the prospects of diminishing reserves on home turf.

  12. Senior Management Use of Management Control Systems in Large Companies

    DEFF Research Database (Denmark)

    Willert, Jeanette; Israelsen, Poul; Rohde, Carsten

    2017-01-01

    The use of management control systems in large companies remains relatively unexplored. Indeed, only a few studies of senior managers’ use of management control systems consider multiple controls in companies. This paper explores data from a comprehensive survey of the use of management control...... systems in 120 strategic business units at some of the largest companies in Denmark. The paper identifies how senior management guides and controls their subordinates to meet their companies’ objectives. The presentation and discussion of the results, including citations from executive managers, use...

  13. Motives for Corporate Social Responsibility in Chinese Food Companies

    Directory of Open Access Journals (Sweden)

    Dongyong Zhang

    2018-01-01

    Full Text Available This paper explores the connection between corporate social responsibility (CSR and food safety and how best to promote CSR in Chinese food companies by comparing two groups of food companies, one which had food safety incidents in the previous three years and one which had no food safety incidents during the same period. Managers of 498 food companies in 17 regions of China were surveyed. It was found that companies where the senior management gave higher levels of support and commitment to CSR and companies that had higher levels of CSR engagement had lower food safety incident rates. Motives for CSR engagement by food companies are the expected benefits that might accrue to the company including helping to achieve strategic objectives, improving daily management, ensuring food safety, improving internal cooperation, enhancing food quality, improving employees’ skills at work, increasing employee benefit and improving their morale, and maintaining business integrity. It was also found that the external factors for CSR engagement are consumer demand, as well as pressures from the government and from other companies in the supply chain. Finally, the paper makes a number of suggestions for improvements in policy.

  14. Enterprise Architecture in the Company Management Framework

    Directory of Open Access Journals (Sweden)

    Bojinov Bojidar Violinov

    2016-11-01

    Full Text Available The study aims to explore the role and importance of the concept of enterprise architecture in modern company management. For this purpose it clarifies the nature, scope, components of the enterprise architecture and relationships within it using the Zachman model. Based on the critical analysis of works by leading scientists, there presented a definition of enterprise architecture as a general description of all elements of strategic management of the company combined with description of its organizational, functional and operational structure, including the relationship between all tangible and intangible resources essential for its normal functioning and development. This in turn enables IT enterprise architecture to be defined as a set of corporate IT resources (hardware, software and technology, their interconnection and integration within the overall architecture of the company, as well as their formal description, methods and tools for their modeling and management in order to achieve strategic business goals of the organization. In conclusion the article summarizes the significance and role of enterprise architecture for strategic management of the company in today’s digital economy. The study underlines the importance of an integrated multidisciplinary approach to the work of a contemporary company, and the need for adequate matching and alignment of IT with business priorities and objectives of the company.

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

    OpenAIRE

    Das, Malay

    2012-01-01

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

  16. The experiences of a small Canadian petroleum company in the international arena

    International Nuclear Information System (INIS)

    Rooney, J.

    2002-01-01

    Equatorial Energy Inc. is a small Canadian company that has succeeded in the international world of oil exploration and production. The 5 year old company has grown from zero to 13,000 boe/d through its engagement in the acquisition, exploration and development of petroleum and natural gas in Western Canada and Indonesia. Finding costs are getting higher as domestic sedimentary basins mature. This results in higher decline rates and fewer opportunities for growth. However, the international energy sector has become more accessible to small- and medium-sized companies due to the removal of political barriers and better access to new technologies. The support of capital markets and international experience also contributes to greater success in accessing the international energy sector. 16 figs

  17. Cost Model for Risk Assessment of Company Operation in Audit

    Directory of Open Access Journals (Sweden)

    S. V.

    2017-12-01

    Full Text Available This article explores the approach to assessing the risk of company activities termination by building a cost model. This model gives auditors information on managers’ understanding of factors influencing change in the value of assets and liabilities, and the methods to identify it in more effective and reliable ways. Based on this information, the auditor can assess the adequacy of use of the assumption on continuity of company operation by management personnel when preparing financial statements. Financial uncertainty entails real manifestations of factors creating risks of the occurrence of costs, revenue losses due their manifestations, which in the long run can be a reason for termination of company operation, and, therefore, need to be foreseen in the auditor’s assessment of the adequacy of use of the continuity assumption when preparing financial statements by company management. The purpose of the study is to explore and develop a methodology for use of cost models to assess the risk of termination of company operation in audit. The issue of methodology for assessing the audit risk through analyzing methods for company valuation has not been dealt with. The review of methodologies for assessing the risks of termination of company operation in course of audit gives grounds for the conclusion that use of cost models can be an effective methodology for identification and assessment of such risks. The analysis of the above methods gives understanding of the existing system for company valuation, integrated into the management system, and the consequences of its use, i. e. comparison of the asset price data with the accounting data and the market value of the asset data. Overvalued or undervalued company assets may be a sign of future sale or liquidation of a company, which may signal on high probability of termination of company operation. A wrong choice or application of valuation methods can be indicative of the risk of non

  18. Risk behavior in petroleum exploration

    International Nuclear Information System (INIS)

    Rose, P.R.

    1992-01-01

    In this paper, the author uses the term risk aversion, which weighs the magnitude of investment against four factors: size of available budget, potential gain, potential loss, and probabilities of each outcome. Modern petroleum exploration consists of a series of investment decisions on whether to acquire additional technical data (geological, geophysical, engineering, drilling, or economic) and/or additional mineral interests. Each decision should allow a progressively clearer perception of project risk versus reward and should support timely management action concerning the inferred accumulation. Companies searching for oil and natural gas make hundreds of such exploration decisions each year. So the problem in serial exploration decision making is twofold: to be consistent in the way we deal with risk and uncertainty and to perceive risk and uncertainty accurately and reduce them where possible. Risk aversion is not just a hypothetical nuisance. It causes explorationists to make inconsistent investment decisions, and it costs exploration companies millions of dollars annually in lost opportunities, bad choices, and wasted investment dollars

  19. Value creation in a micro software development company. Understanding the company business model and market place to boost growth: Kumea Oy

    OpenAIRE

    Pallaskari, Antti; Piras, Silvia

    2014-01-01

    The objective of this thesis was to find out the case company’s overall advantages in the market in which it operates and explore the financial viability of employment for all founders. The intention was to study how the company delivers values and how the customers perceive the company services and products; to find out the customers’ expectations and comprehend what channels could better deliver the company’s values. The purpose was to discover the business volume required to have all fo...

  20. Interrelation of Lean and Green Management in Croatian Manufacturing Companies

    Directory of Open Access Journals (Sweden)

    Miro Hegedić

    2018-03-01

    Full Text Available The goal of this article is to explore the link between lean and green management, reasons for their implementation, their effect throughout the whole life cycle, as well as the current state of use of lean tools, economic and environmental indicators in the context of Croatian manufacturing companies. A semi-structured interview was used in this research. As a result, the frequency of economic and environmental performance indicators and lean tools in Croatian companies has been defined, as well as the reasons for the implementation of lean management. Additionally, the understanding of the use of Life Cycle Assessment methods, environmental standards has been obtained and the integration of lean and green management in Croatian companies has been explored. Further on, results were compared to the similar study done in the UK. Finally, it can be concluded that the integration of lean and green management is not yet sufficiently present in manufacturing companies, although there are cases in which these two approaches are integrated, primarily in the process and food industry. It is for these reasons that in the integration of these two approaches lies great potential.

  1. Successful phytoremediation of crude-oil contaminated soil at an oil exploration and production company by plants-bacterial synergism.

    Science.gov (United States)

    Fatima, Kaneez; Imran, Asma; Amin, Imran; Khan, Qaiser M; Afzal, Muhammad

    2018-06-07

    Phytoremediation is a promising approach for the cleanup of soil contaminated with petroleum hydrocarbons. This study aimed to develop plant-bacterial synergism for the successful remediation of crude oil-contaminated soil. A consortia of three endophytic bacteria was augmented to two grasses, Leptochloa fusca and Brachiaria mutica, grown in oil-contaminated soil (46.8 g oil kg -1 soil) in the vicinity of an oil exploration and production company. Endophytes augmentation improved plant growth, crude oil degradation, and soil health. Maximum oil degradation (80%) was achieved with B. mutica plants augmented with the endophytes and it was significantly (P oil reduction indicates that catabolic gene expression is important for hydrocarbon mineralization. This investigation showed that the use of endophytes with appropriate plant is an effective strategy for the cleanup of oil-contaminated soil under field conditions.

  2. Orchestration of Globally Distributed Knowledge for Innovation in Multinational Companies

    DEFF Research Database (Denmark)

    Sajadirad, Solmaz; Lassen, Astrid Heidemann

    Conducting a multiple-case study in five companies from Danish industry, this paper explores how multinational companies orchestrate knowledge from their globally distributed subsidiaries for innovation. Comparisons of knowledge orchestration within headquarter and subsidiaries for improvement...... and innovation show that a combination of the dynamic use of inter-firm objects and a well-established knowledge orchestration process underlies knowledge orchestration for innovation in multinational companies, as it advances headquarters’ abilities to effectively acquire, evaluate, disseminate, and utilize...... globally distributed knowledge. This study contributes to the understanding of knowledge orchestration between headquarter and distributed subsidiaries in multinational companies and how it is related to innovation. Specifically, this paper has important implications regarding the use of inter-firm objects...

  3. Financing U.S. exploration

    International Nuclear Information System (INIS)

    Dell'Osso, L. Jr.

    1990-01-01

    This paper discusses the challenges of financing U.S. exploration from the perspective of an independent oil and gas producer. When Burlington Resources was split into a separate company from the Burlington Northern Railroad three years ago, the company owned extensive resources but had little production capability, and had to resolve the problem of raising development capital. According to the author of this paper, three key elements in the company's perception of the business environment drove its strategy: that the role of independent producers would be crucial in new onshore oil and gas development as the majors moved offshore; that energy prices would remain weak; and that financial market sentiment would not favor a move to leverage the company more highly than its starting-point of 19 percent debt-to-total capital ratio

  4. Uranium exploration expenditures in 1976 and plans for 1977--78

    International Nuclear Information System (INIS)

    1977-05-01

    A survey of actual and planned uranium exploration activities was made by the Grand Junction Office of the U.S. Energy Research and Development Administration as part of an overall program to evaluate future supplies of nuclear fuel. The survey covered: land acquired in 1976 for exploration and cost of acquisition; 1976 surface drilling footage and cost; all other exploration expenditures in 1976; estimates of 1977-78 exploration activities and costs; exploration for non-sandstone deposits; exploration in non-established areas; foreign uranium exploration expenditures by U.S. companies; foreign participation in exploration activities in the United States; aerial radiometric exploration activities in the United States, 1972-76; and solution-mining production drilling during 1976. Data from the replies of 108 companies are compiled

  5. Where in the World are Canadian Oil and Gas Companies? 2012

    Directory of Open Access Journals (Sweden)

    Niloo Hojjati

    2017-06-01

    Full Text Available Begun in 2011 as an internal research tool for the development of the Extractive Resource Governance Program, this study seeks to answer the vital question: Where in the world are Canadian oil and gas companies? To answer this question, we extract firm-level information from publicly traded Canadian companies in order to establish the location of their activities around the globe.1 The data collected in the “Where in the World” (hereafter WIW project are presented through a publicly accessible interactive world map, which allows users to explore a specific country or region over time. This map can be accessed online at http://www.policyschool.ca/research-teaching/teaching-training/extractiveresource-governance/ergp-map/. For background information regarding the WIW project, including an extensive overview of the methodology, please refer to http://www.policyschool.ca/wp-content/uploads/2017/06/Where-in-the-WorldHojjati-Horsfield-Jordison-final.pdf. For a summarized overview of the annual data gathered in 2011, please refer to http://www.policyschool.ca/wp-content/ uploads/2017/06/2011-Where-in-the-World-Hojjati-Horsfield-Jordison-final.pdf. This report, as in the earlier report in this series, presents an extensive account of the global presence of Canadian oil and gas (hereafter O&G companies in the 2012 year of study.2 In total, 228 Canadian O&G companies conducted operations in 85 countries in 2012, extending their presence to every region of the world. While North America continued to serve as the primary destination for Canadian exploration and production activities, the role of Canadian O&G service companies increased significantly in the Middle Eastern oil and gas industry, particularly in the United Arab Emirates, Saudi Arabia, Kuwait, and Oman. This report begins with a regional overview of the international activities of Canadian exploration and production (E&P companies, followed by a summary of the level of activities on a

  6. Oil companies make cutbacks

    International Nuclear Information System (INIS)

    Dupin, Ludovic

    2014-01-01

    As oil prices are falling, the oil sector faces company restructuring, merger projects, closure of oil fields, and so on. Restructuring is motivated by the costs of offshore exploration and oil production projects. Saudi Arabia tries to fight the emergence of shale gases by reducing oil prices, and somehow succeeds as some projects in the USA are put into question again. Experts perceive this situation as an opportunity for the sector to improve its efficiency and reduce over-staffing

  7. Strategies of African national oil companies

    International Nuclear Information System (INIS)

    Auge, Benjamin

    2017-09-01

    The study and comparison of different National Oil Companies (NOC) help understanding the political history of Algeria, Nigeria and Angola. The NOC's role and activities depend on several economic and political aspects. For example, Angolan Sonangol has been the coffer for the Popular Movement of Liberation of Angola (MPLA) party to fund its struggle against the National Union for the Independence of Angola (UNITA) party during civil war. Hence the key role played by this NOC in the past and its continuing key influence today. In Nigeria, The Nigerian National Petroleum Corporation (NNPC) became more and more bureaucratic, its efficiency is questionable as the company became the epicentre of the corruption in the country (several cases regarding billions of dollars have emerged recently). By contrast, Algeria's Sonatrach has accumulated a real know how in exploring and producing oil and gas but several successive laws discouraged private sector investments. Algeria doesn't have the necessary technology for unconventional oil and gas exploration (notably shale oil and gas), neither the funds to develop all its huge geological potential

  8. Exploring the Usage of CSR in Small and Medium-Sized Companies

    OpenAIRE

    Perälä, Veera; Saukkonen, Anna-Reetta

    2017-01-01

    The objective of this study was to examine how small and medium sized companies understood the concept of corporate social responsibility and how they incorporated it in their business strategies. The topical nature of this subject made it interesting and worth researching. In addition to discovering ideas about CSR, the study also focused on marketing communications and the competitive advantage that CSR provides. The methodological approach used in the study was that of qualitative resea...

  9. Exploring Danish Innovative Manufacturing Performance

    DEFF Research Database (Denmark)

    Perunovic, Zoran; Christiansen, Thomas Bøhm

    2005-01-01

    The paper explores several dimensions of Danish industry’s innovative performance with respect to the paradigm of the fifth generation innovation model that was suggested by Rothwell [Int. Market. Rev. 11 (1994) 7]. These dimensions include a general status of innovativeness in Danish companies...... manufacturing companies demonstrate an innovative performance close to the fourth generation of innovation, which is slightly different than it is perceived publicly....

  10. An exploration of the online investor relations (IR practices of companies listed on the Johannesburg Stock Exchange (JSE

    Directory of Open Access Journals (Sweden)

    Leana Esterhuyse

    2016-05-01

    Full Text Available Prior research has found that having better investor relations (IR practices contributes towards improved share prices, liquidity of shares and analyst following. The main aim of this study was to determine the extent to which JSE-listed companies comply with international best practice guidelines for IR practices via the company’s website. A secondary objective was to arrive at an opinion regarding the stage of internet adoption for IR practices in which JSE-listed companies find themselves, based on Hedlin’s (1999 three-stage model. A checklist of 201 items was used to assess the websites of 205 JSE-listed companies from the beginning of July to mid-September 2012. The average online IR score for all 205 companies was found to be disappointing, although the top 100 companies in South Africa performed better than companies in other emerging and developing economies, but worse than companies in advanced economies, where size is probably the main differentiator. Bandwidth is also a constraining factor for online IR quality in South Africa. We conclude that instead of moving towards stage III (HTML, video and audio of Hedlin’s model (1999, JSE listed companies still seem to find themselves in stage II (paper-equivalent PDF’s. This should concern Chief Financial Officers (CFOs, as effective and efficient communication with investors could contribute towards attaining optimal share prices and improved liquidity and analyst following.

  11. Where in the World are Canadian Oil and Gas Companies? 2013

    Directory of Open Access Journals (Sweden)

    Niloo Hojjati

    2017-06-01

    Full Text Available Begun in 2011 as an internal research tool for the development of the Extractive Resource Governance Program, this project seeks to answer the vital question: Where in the world are Canadian oil and gas companies? To answer this question, we extract firm-level information for publicly traded Canadian companies in order to establish the location of their activities around the globe.1 The data collected in the “Where in the World” (hereafter WIW project are presented through a publicly accessible interactive world map, which allows users to explore a specific country or region over time. This map can be accessed online at http://www.policyschool.ca/research-teaching/teaching-training/ extractive-resource-governance/ergp-map/. For further information regarding the WIW project, including a comprehensive overview of the methodology, please refer to http://www.policyschool.ca/wp-content/uploads/2017/06/Where-in-theWorld-Hojjati-Horsfield-Jordison-final.pdf. In addition, summary reports of the annual data collection for the 2011 and 2012 years of analysis are also available at http://www.policyschool.ca/wp-content/uploads/2017/06/2011-Where-in-theWorld-Hojjati-Horsfield-Jordison-final.pdf and http://www.policyschool.ca/wpcontent/uploads/2017/06/2012-Where-in-the-World-Hojjati-final.pdf. This report, as in the earlier reports in this series, provides an account of emerging trends and highlights variations in the level of global activities of Canadian oil and gas companies (hereafter O&G for the 2013 year of study.2 In 2013, a total of 226 Canadian O&G companies engaged in global exploration and service activities in 99 countries worldwide. The Middle East and Europe experienced the greatest increase in the concentration of Canadian exploration and production (E&P companies. Meanwhile, the international presence of Canadian O&G service companies continued to grow in several countries, including Colombia, Mexico, and the United Kingdom. This report

  12. Making waves in seismic exploration software: Annual report 1998

    International Nuclear Information System (INIS)

    1999-01-01

    GMA International is in the business of developing and supplying geological, geophysical and petrophysical computer-aided exploration software products for use in hydrocarbon exploration and exploitation world-wide. The company is headquartered in Calgary; it also has offices in Houston and London. It has over 5,500 installations and licensing arrangements with over 700 companies in 53 countries. This report details operating results during 1998, which included adding 77 new clients and the sale of over 300 new software licenses to new and existing clients. Consolidated balance sheets provide statements of earning (losses) and retained earnings, and changes in the company's financial position

  13. The usage of the public relations tools in the public relations strategy of the company "Prakse.lv"

    OpenAIRE

    Uzula, Iveta

    2012-01-01

    The bachelor thesis is done to reveal strengths and weaknesses of the public relations of the company „Prakse.lv” by exploring the public relations tools of the public relations strategy. The aim of the research is to find out the most effective public relations tools for the communicative development of the company „Prakse.lv” by exploring the public relations tools used in the public relations strategy of the company. The theorethical part of the research is based on the ex...

  14. How Tobacco Companies are Perceived Within the United Kingdom: An Online Panel.

    Science.gov (United States)

    Moodie, Crawford; Sinclair, Lesley; Mackintosh, Anne Marie; Power, Emily; Bauld, Linda

    2016-08-01

    Little is known about how consumers perceive tobacco companies in the United Kingdom. An online cross-sectional survey with those aged 16 years and over (N = 2253) explored perceptions of, and attitudes towards, tobacco companies. This included awareness of tobacco companies, views on tobacco companies' practices (targeting the most vulnerable, encouraging smoking to replace those who quit or die, making cigarettes more addictive) and values (honesty, ethics, interest in harm reduction), perceptions of regulation of tobacco companies (whether tobacco companies have the same marketing rights as other companies, should be allowed to promote cigarettes, be required to sell cigarettes in plain packs, and pay for associated health costs), and locus of responsibility for health problems caused by tobacco use. Prompted awareness of tobacco companies was high (68%). Almost a third of the sample had a negative perception of tobacco companies' practices, for example, they thought they made cigarettes more addictive. In terms of tobacco companies' values, less than a fifth considered tobacco companies honest, ethical, and interested in reducing the harm caused by cigarettes. Indeed, tobacco company executives were rated lower than the seven other professions asked about, except car salesman, in terms of ethics and honesty. More than half the sample supported greater regulation, for example, requiring tobacco companies to pay for health costs due to tobacco use. Most attributed responsibility for smoking-related health problems to smokers (88%) and tobacco companies (55%). The findings suggest that consumers are not fully informed about tobacco company practices. Few studies outside of North America have explored perceptions of tobacco companies' practices, values and regulation and responsibility for smoking-related illness. Adults surveyed within the United Kingdom considered tobacco companies dishonest, unethical and untrustworthy, but only a third of the sample thought

  15. CORPORATE SOCIAL RESPONSIBILITY AWARENESS AND ATTITUDES IN CHINESE FOUNDED COMPANIES IN MALAYSIA

    OpenAIRE

    Lai, Yu Jen

    2006-01-01

    This dissertation explores the CSR awareness and attitudes of Chinese founded companies in Malaysia. Various authors have provided insights CSR in Malaysia but none have written specifically about CSR in Chinese founded companies and their commitment towards charitable causes and other community-based projects as part of their heritage and culture as Overseas Chinese. Upon asking whether Chinese founded companies operating in Malaysia are aware of and commit to CSR and if so what activities a...

  16. Why the oil companies lost solar

    International Nuclear Information System (INIS)

    Miller, Damian

    2013-01-01

    Solar energy is a growing source of electricity supply. Oil companies including BP and Shell recognized this early on and entered the solar industry when it was still in its relative infancy. These companies invested heavily in vertically integrated solar companies that were at one point among the largest in the world. But neither BP nor Shell was successful, and they both decided to exit the solar market. This stands as a paradox since such companies have the funds, the long-term perspectives, the management systems, the multinational presence and the lobbying clout to potentially succeed in this new energy industry. Why were they not successful, and why did they ultimately exit? This paper uses innovation theory to explore the reasons why large incumbent corporations typically fail to succeed in commercializing disruptive innovations at scale. Evidence from semi-structured interviews and discussions with former employees of BP Solar and Shell Solar confirm the explanatory power of key constructs from innovation theory in accounting for the big oil companies' experience with solar technology. Ultimately, the findings suggest that oil companies would have done better to treat their solar businesses as separate stand-alone entities. - Highlights: • This paper examines why BP and Shell were not successful in solar, and exited. • It finds innovation theory to be very helpful in answering the question. • The evidence from semi-structured interviews, press reports, and archival documentation is in line with innovation theory. • Both the theory and the findings offer a different way forward for future oil and gas entrants

  17. Employee well-being, early-retirement intentions, and company performance.

    Science.gov (United States)

    von Bonsdorff, Monika E; Vanhala, Sinikka; Seitsamo, Jorma; Janhonen, Minna; Husman, Päivi

    2010-12-01

    To explore the relationship between employee well-being and early-retirement intentions, and the extent to which early-retirement intentions are associated with company performance. This study is based on cross-sectional survey data on the ageing employees of the Finnish metal industry and retail trade, collected in 2007 (company-level n = 129, employee-level n = 1281). It was analyzed using multinomial logistic and multiple regression analysis. Poor work ability, frequent emotional exhaustion, low organizational commitment, and job control were associated with the prevalence of early-retirement intentions among aging employees in both industries. Metal industry employees' early-retirement intentions were associated with weaker company performance measured by the perceptions of the manager. By enhancing well-being, employees may stay at work for longer rather than retiring early. Early-retirement intentions can be counterproductive for companies.

  18. Reading and company

    DEFF Research Database (Denmark)

    Kuzmičová, Anežka; Dias, Patrícia; Vogrinčič Čepič, Ana

    2017-01-01

    in the environment where one engages in individual silent reading. The primary goal of the study was to explore the role and possible associations of a number of variables (text type, purpose, device) in selecting generic (e.g. indoors vs outdoors) as well as specific (e.g. home vs library) reading environments....... Across all six samples included in the study, participants spontaneously attested to varied, and partly surprising, forms of sensitivity to company and social space in their daily efforts to align body with mind for reading. The article reports these emergent trends and discusses their potential...

  19. 75 FR 42432 - Northern Natural Gas Company, Southern Natural Gas Company, Florida Gas Transmission Company, LLC...

    Science.gov (United States)

    2010-07-21

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

  20. Making waves in seismic exploration software: Annual report 1998

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1999-07-01

    GMA International is in the business of developing and supplying geological, geophysical and petrophysical computer-aided exploration software products for use in hydrocarbon exploration and exploitation world-wide. The company is headquartered in Calgary; it also has offices in Houston and London. It has over 5,500 installations and licensing arrangements with over 700 companies in 53 countries. This report details operating results during 1998, which included adding 77 new clients and the sale of over 300 new software licenses to new and existing clients. Consolidated balance sheets provide statements of earning (losses) and retained earnings, and changes in the company's financial position.

  1. Characteristics of companies with a higher risk of financial statement fraud: Five case studies

    OpenAIRE

    Elda du Toit; Frans N.S. Vermaak

    2015-01-01

    Various characteristics can be observed in the financials and the behaviour of companies engaging in accounting irregularities. This article explores the usefulness of such characteristics by analysing the financial statements of five companies accused of alleged accounting irregularities. The analysis involves quantitative and qualitative analyses for each of the companies, compared to a relevant control sample. The quantitative study consisted of financial statement analyses. The qualitativ...

  2. Ecological and Economic Indicators of Oil and Gas Companies Functioning

    OpenAIRE

    Anastasia V. Sheveleva

    2016-01-01

    This article analyzes the basic ecological-economic indicators of oil and gas companies, in particular the various volumes of oil, the number of spills per year of CO2 emissions, the costs of environmental protection. In the process of exploration, development and exploitation of oil and gas fields, production, refining, transportation and storage companies have a negative impact on the environment. Occur accidents involving oil spills, emissions and discharges of pollutants into the environm...

  3. Environmental impact assessment. Ajka Mining and Power Company

    International Nuclear Information System (INIS)

    Sipkema, Arjan; De Visser, Petra

    1994-01-01

    An Environmental Impact Assessment (EIA) is a public document which evaluates the impact of a new company or a new project on the environment and it also lays out the possible alternatives. The present EIA was worked out to get an insight into the polluting effects of the Ajka Mining and Power Company in Ajka, Hungary and to understand what hinders the abatement of the pollution. The Ajka coal has a high sulphur content and is slightly radioactive. The Power Plant is situated in the neighborhood of the town Ajka and the wind usually blows the releases in the direction of the town. The radioactive sludge is also stored at the border of the town and its radioactivity exceeds the limit set for the Paks Power Plant (in Hungary). Alternatives for the present technology are explored. Nil-condensation and/or energy conservation seem to be the best alternatives. Theoretically, the Regional Environmental Inspectorate is responsible for all survey of pollution, which they monitor with their own equipment, with data obtained from the company or from other monitoring companies. However, the pollution of the Ajka Mining and Power Company is not completely monitored. (authors)

  4. 75 FR 13524 - Northern Natural Gas Company, Southern Natural Gas Company, Florida Gas Transmission Company, LLC...

    Science.gov (United States)

    2010-03-22

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

  5. Exploring Vietnam's oil potential

    International Nuclear Information System (INIS)

    Anon.

    1993-01-01

    A brief review is given of the oil production potential in Vietnam. Since Since 1987, the country has been open to foreign investment in offshore exploration but has suffered from a US embargo on trade and economic ties. Nevertheless some exploration has occurred and twenty production sharing contracts with international oil companies has been signed. To date most of the finds have been non-commercial but optimism remains high. (U.K.)

  6. Uranium exploration/development policy

    International Nuclear Information System (INIS)

    Anon.

    1983-01-01

    The Honeymoon joint venturers have been advised that their request for compensation has been refused. This follows the South Australian Government's decision not to grant a mining lease. An application for a retention lease to the joint venturers at Beverley was also refused. The Government has formulated clear guidelines for both retention leases and exploration licences which will be applied to all companies engaged specifically in exploration for uranium

  7. Anderson Exploration Ltd. 1998 annual report

    International Nuclear Information System (INIS)

    1999-01-01

    In 1998, Anderson Exploration's undeveloped land inventory in the western provinces decreased 7% to 3,183,000 net acres largely due to lease expiries and drilling activity. The undeveloped land base is located 63% in Alberta, 19% in British Columbia, 17% in Saskatchewan, and 1% in Manitoba. During 1998, Anderson Exploration participated in drilling 446 wells for oil and gas vs. 669 for 1997. The average working interest in the wells was 63% vs. 64% in 1997. In 1998, the company spent $109 million on the construction of field gathering systems and production facilities vs. $123 million in 1997. In 1998, the company's gas sales increased to 555 million cubic feet per day from 549 million cubic feet per day in 1997. Crude oil sales averaged 29,808 barrels per day in 1998, an increase of 9% over the 1997 production. In 1998, the company replaced 148% of production with proven reserve additions, net of revisions, by spending 163% of cash flow from operations on capital spending. After a volatile year in 1 997, natural gas prices stabilized somewhat in 1998. A modest price increase was experienced in 1997. The company's average plant gate natural gas price increased modestly in 1998 to $1.94 per thousand cubic feet, marking the 3rd consecutive price increase. The company owns an average interest of 10.4% in two straddle plants at Empress, Alberta. The company operates and is a 50% owner of Federated Pipe Lines Ltd. The company is committed to protecting the health and safety of all employees and the public, as well as preserving the quality of the environment

  8. Actual Uranium Exploration and Mining Activities in Niger

    International Nuclear Information System (INIS)

    Kache, Mamane

    2014-01-01

    Conclusion: Since the Fukushima nuclear power plant accident in 2011, many mining companies are not interested in uranium. It leads to the decrease in uranium spot price and the delay of IMOURAREN Project. Only, 47 exploration licenses for 12 mining companies are now valid in Niger.

  9. EFFICIENCY OF THE INVESTMENT STRATEGY OF THE INSURANCE COMPANIES IN UKRAINE

    Directory of Open Access Journals (Sweden)

    R. Pikus

    2015-04-01

    Full Text Available The article explores the theoretical basis for the formation of an effective investment strategy of the insurance company. It was determined that, depending on the insurer’s conduct and risk factor and yield of funds, investment strategy can be aggressive, moderate and conservative. The main factors that characterize conservative, aggressive and moderately conservative investment strategy are defined. The characteristic of the structure of the investment portfolio of domestic insurance companies is determined. There are insurance companies which conduct an aggressive, conservative and moderately conservative investment strategy. In the article defined the main directions of investments of insurance companies in Ukraine which include bank deposits, government securities and shares. Determined that majority of insurance companies in the insurance market of Ukraine followed a conservative investment strategy which is the least risky. It is noted that in view of difficult economic situation in Ukraine, insurance companies need to develop an effective investment strategy to ensure their ability to pay.

  10. Climate Science and the Responsibilities of Fossil Fuel Companies for Climate Damages and Adaptation

    Science.gov (United States)

    Frumhoff, P. C.; Ekwurzel, B.

    2017-12-01

    Policymakers in several jurisdictions are now considering whether fossil fuel companies might bear some legal responsibility for climate damages and the costs of adaptation to climate change potentially traceable to the emissions from their marketed products. Here, we explore how scientific research, outreach and direct engagement with industry leaders and shareholders have informed and may continue to inform such developments. We present the results of new climate model research quantifying the contribution of carbon dioxide and methane emissions traced to individual fossil fuel companies to changes in global temperature and sea level; explore the impact of such research and outreach on both legal and broader societal consideration of company responsibility; and discuss the opportunities and challenges for scientists to engage in further work in this area.

  11. The Derivatives as Financial Risk Management Instruments: The Case of Croatian and Slovenian Non-financial Companies

    Directory of Open Access Journals (Sweden)

    Danijela Miloš Sprčić

    2007-12-01

    Full Text Available The paper analyses financial risk management practices and derivative usage in large Croatian and Slovenian non-financial companies and explores if the decision to use derivatives as risk management instruments in the analysed companies is a function of several firm’s characteristics that have been proven as relevant in making financial risk management decisions. On the basis of the research results it can be concluded that forwards and swaps are by far the most important derivative instruments in both countries. Futures as representatives of standardised derivatives together with structured derivatives are more important in the Slovenian than in the Croatian companies, while exchange-traded and OTC options are unimportant means of financial risk management in both countries. A comparative analysis conducted to explore differences between risk management practices in Slovenian and Croatian companies has shown evidence that Slovenian companies use all types of derivatives, especially structured derivatives, more intensively than Croatian companies. The survey has revealed that the explored hedging rationales have little predictive power in explaining financial risk management decisions both in Croatian and Slovenian companies. The decision to use derivatives in Croatian non-financial companies is related only to the investment expenditures-to-assets ratio which controls for costly external financing hypothesis, while the decision to use derivatives in Slovenian companies is dependent only on the size of the company. It can be argued that the characteristics of the Croatian and Slovenian firms could be found in other South-eastern European countries and that findings of this research may act as a baseline from which to generalise. Therefore, the survey results analysed in this paper also suggest a broader comparison across countries in the region. The advantage of this work is that it provides an impetus for further research to move beyond the

  12. Uranium exploration techniques in Bolivia

    International Nuclear Information System (INIS)

    Virreira, V.

    1981-01-01

    The exploration techniques used by the Bolivian Nuclear Energy Commission/Comision Boliviana de Energia Nuclear (COBOEN) in certain areas of Bolivia that are considered promising from the standpoint of uranium deposits are presented in summary form. The methods and results obtained are described, including the techniques used by the Italian company AGIP-URANIUM during four years of exploration under contract with COBOEN. Statistical data are also given explaining the present level of uranium exploration in Bolivia. (author)

  13. SAFER - Company Snapshot - SAFER - Company Snapshot

    Data.gov (United States)

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

  14. Competitive bidding tactics for new exploration concessions

    Energy Technology Data Exchange (ETDEWEB)

    Hawley, P.W.; Bramley, A.D.; Castellani, J.M. [Little (Arthur D.), London (United Kingdom)

    1994-12-31

    In some (mostly developing) countries, oil companies compete for new exploration agreements by bidding the key economic parameters. We believe that an increasing number of companies are making generous offers in order to win bids, in the expectation of being able to renegotiate economic terms if they make a discovery. However, the tactic damages the performance of the E and P industry in developing countries - for governments and companies alike. The means of combating `tactical overbidding` rests largely with governments and national oil companies in making better contracts and taking a cautious approach to the evaluation of bids. Reputable companies can contribute to the process by emphasising that their bids are formulated in good faith and based on sound commercial considerations. (author)

  15. Competitive bidding tactics for new exploration concessions

    International Nuclear Information System (INIS)

    Hawley, P.W.; Bramley, A.D.; Castellani, J.M.

    1994-01-01

    In some (mostly developing) countries, oil companies compete for new exploration agreements by bidding the key economic parameters. We believe that an increasing number of companies are making generous offers in order to win bids, in the expectation of being able to renegotiate economic terms if they make a discovery. However, the tactic damages the performance of the E and P industry in developing countries - for governments and companies alike. The means of combating 'tactical overbidding' rests largely with governments and national oil companies in making better contracts and taking a cautious approach to the evaluation of bids. Reputable companies can contribute to the process by emphasising that their bids are formulated in good faith and based on sound commercial considerations. (author)

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

    OpenAIRE

    Nummela, Maria

    2011-01-01

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

  17. Company Performance at the National Training Center: Battle Planning and Execution

    National Research Council Canada - National Science Library

    Hallmark, Bryan

    1997-01-01

    ...). This study analyzes possible problems with company-level direct fire control, terrain and enemy analysis, and command and control planning and preparation, explores how these problems affect combat...

  18. Company Performance at the National Training Center Battle: Planning and Execution

    National Research Council Canada - National Science Library

    Hallmark, Bryan

    1997-01-01

    ...). This study analyzes possible problems with company-level direct fire control, terrain and enemy analysis, and command and control planning and preparation, explores how these problems affect combat...

  19. Green Computing in Local Governments and Information Technology Companies

    Directory of Open Access Journals (Sweden)

    Badar Agung Nugroho

    2013-06-01

    Full Text Available Green computing is a study and practice of designing, manufacturing, using, and disposing of information and communication devices efficiently and effectively with minimum impact on the environment. If the green computing concept was implemented, it will help the agencies or companies to reduce energy and capital cost from their IT infrastructure. The goal from this research is to explore the current condition about the efforts from local governments and IT companies at West Java to implement the green computing concept at their working environment. The primary data were collected by using focus group discussion by inviting the local governments and IT companies representatives who responsible to manage their IT infrastructure. And then, the secondary data were collected by doing brief observation in order to see the real effort of green computing implementation at each institution. The result shows that there are many different perspectives and efforts of green computing implementation between local governments and IT companies.

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

    Directory of Open Access Journals (Sweden)

    Ratković Tatjana

    2014-01-01

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

  1. Going Global: Key Insights from Two Mexican Companies

    Directory of Open Access Journals (Sweden)

    Martha RIVERA

    2015-12-01

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

  2. Green innovation and sustainable industrial systems within sustainability and company improvement perspective

    Science.gov (United States)

    Edi Nugroho Soebandrija, Khristian

    2017-12-01

    This paper comprises discussion of Green Innovation and Sustainable Industrial Systems within Sustainability and Company Improvement Perspective of beverage manufacturing company (BMC). The stakeholder theory is the grand theory for the company improvement perspective in this paper. The data processing in this paper is conducted through software which are SEM-PLS with SmartPLS 2.0 and SPSS 19. The specified objective of this paper has focus on sustainability as one of 6 variables, in lieu of those 6 variables as the big picture. The reason behind this focus on sustainability is the fact that there are assorted challenges in sustainability that is ranging from economic, environment and company perspectives. Those challenges in sustainability include the sustainable service supply chain management and its involvement of society. The overall objective is to analyze relationship hypothesis of 6 variables, 4 of them (leadership, organizational learning, innovation, and performance) are based on Malcolm Baldrige’s performance excellence concept to achieve sustainability and competitive advantage through company-competitor and customer questionnaire, and its relation to Total Quality Management (TQM) and Quality Management System (QMS). In conclusion, the spearheaded of company improvement in this paper is in term of consumer satisfaction through 99.997% quality standards. These can be achieved by ambidexterity through exploitation and exploration innovation. Furthermore, in this paper, TQM enables to obtain popularity brand index achievement that is greater than 45.9%. Subsequently, ISO22000 of food security standard encompasses quality standard of ISO9000 and HACCP. Through the ambidexterity of exploitation and exploration (Non Standard Product Inspection) NOSPI machine, the company improvement generates the achievement of 75% automation, 99.997% quality control standard and 80% of waste reduction.

  3. WHY DO COMPANIES FROM EMERGING COUNTRIES MANAGE EARNINGS?

    Directory of Open Access Journals (Sweden)

    Susana Callao

    2017-06-01

    Full Text Available This paper provides evidence in terms of the incentives which lead managers from emerging European countries to manage earnings. In particular, we focused on four Eastern European countries: the Czech Republic, Poland, Hungary and Slovakia, as the majority of studies on earnings management in developing countries were based on the Asian emerging market. The market of developing European countries is still barely explored. After we confirmed that managers from emerging European companies manage earnings, we find that within the different incentives which lead managers to earnings management, the avoidance of debt covenants violations is a strong incentive for managers. Additionally, those firms considered as poor investments (with less value have incentives to manage earnings down as a consequence to opt for market niche. Moreover, emerging Eastern European companies have incentives to flatten earnings of current periods in order to benefit in the future as the source of future nonmanipulated earnings will be insufficient, as they may expect reduced, or at least lower future performance of their companies affected by increasing global competition. Finally, we confirm that privately-owned companies tend to maximize accounting earnings more than state-owned companies because they are in a weaker position related to a specific political and historical factors.

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

    OpenAIRE

    Dumpe, M

    2015-01-01

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

  5. Workplace Learning, Job Satisfaction, and Organizational Commitment in Small to Midsize Companies in Taiwan

    Science.gov (United States)

    Chiang, Ti-Lin; Wang, Jia

    2008-01-01

    This quantitative study explored the relationships among workplace learning, job satisfaction, and organizational commitment (OC) in the context of small to midsize information technology companies in Taiwan. Twenty-six companies participated in the study, and a total of 206 valid surveys were collected and analyzed out of 450 that were…

  6. Exploring the public-private and company size differences in employees' work characteristics and burnout: data analysis of a nationwide survey in Taiwan.

    Science.gov (United States)

    Yeh, Wan-Yu; Yeh, Ching-Ying; Chen, Chiou-Jong

    2018-05-15

    Distinct differences exist between public-private sector organizations with respect to the market environment and operational objectives; furthermore, among private sector businesses, organizational structures and work conditions often vary between large- and small-sized companies. Despite these obvious structural distinctions, however, sectoral differences in employees' psychosocial risks and burnout status in national level have rarely been systematically investigated. Based on 2013 national employee survey data, 15,000 full-time employees were studied. Sector types were classified into "public," "private enterprise-large (LE)," and "private enterprise-small and medium (SME);" based on the definition of SMEs by Taiwan Ministry of Economic Affairs, and the associations of sector types with self-reported burnout status (measured by the Chinese version of Copenhagen Burnout Inventory) were examined, taking into account other work characteristics and job instability indicators. Significantly longer working hours and higher perceived job insecurity were found among private sector employees than their public sector counterparts. With further consideration of company size, greater dissatisfaction of job control and career prospect were found among SME employees than the other two sector type workers. This study explores the pattern of public-private differences in work conditions and employees' stress-related problems to have policy implications for supporting mechanism for disadvantaged workers in private sectors.

  7. Buying versus exploring for reserves in the Canadian oil industry

    International Nuclear Information System (INIS)

    Sayer, F.

    1992-01-01

    The issue of a business strategy for Canadian oil companies focussed on either buying reserves or on exploration is examined. A measurement of the amount of merger and acquisition (M ampersand A) transactions vs the amount of exploration activity shows that the number of M ampersand A transactions has risen from 262 in 1989 to an estimated 1,500 in 1992. This sales activity has partly resulted from major companies selling assets to pay down debt. In the same period, the number of licensed exploration wells has decreased from 2,800 to 1,500. An analysis of statistics on the costs of acquisitions vs cost of finding and development shows acquisitions costs are lower in all cases. In addition, the median acquisition price has been falling steadily. Buying reserves has other advantages, including the fact that reserves can be added more quickly, lower risk, and readily available financing. Exploration, however, has its advantages, including the potential for very large reserve additions, higher tax deductions and incentives available, less competition from the industry, and low input costs. The acquisition vs exploration strategies are illustrated using the stock performance of two companies. If the acquisitions trend continues, there will be increases in the profitability of existing reserves, the number of companies, and tax receipts, However, in the long term there will be a drop in Canadian reserves and a significant reduction in the size of the industry. 14 figs., 2 tabs

  8. The impact of generic substitution on the activities of pharmaceutical companies - a survey from the companies' perspective one year and five years after the introduction of generic substitution in finland.

    Science.gov (United States)

    Timonen, Johanna; Bengtström, Marina; Karttunen, Pekka; Ahonen, Riitta

    2010-10-22

    Mandatory generic substitution (GS) was introduced in Finland on 1 April 2003. The aim of this study was to explore and compare the impacts of GS on the activities of pharmaceutical companies representing mainly original or generic pharmaceutical products in Finland. The self-reported impact of GS from pharmaceutical companies' perspective was explored with a focus on the number of employees, the range of sales packages on the market, the marketing activities, the research and development of new pharmaceutical products and storage of pharmaceuticals. A cross-sectional postal survey was conducted among pharmaceutical companies with an office in Finland and substitutable medicines in the Finnish pharmaceutical market one year (2004) and five years (2008) after the introduction of GS. Completed questionnaires were returned by 16 original and 7 generic product companies in 2004 (response rate 56%, n = 41) and by 16 original and 6 generic product companies in 2008 (response rate 56%, n = 39). Descriptive statistical analyses were performed. The number of employees (2004: n = 6/16, 2008: n = 7/16) and the amount of prescription medicine marketing (2004: n = 7/16, 2008: n = 8/16) decreased in many of the original product companies after the introduction of GS. GS resulted in problems related to the storage of pharmaceuticals in the original product companies shortly after GS was introduced (p = 0.032 between 2004 and 2008). In the generic product companies, the prescription medicine representatives' visits to pharmacies increased at the beginning of GS (p = 0.021 between 2004 and 2008). In addition, GS caused problems with the storage of pharmaceuticals one year and five years after the reform (2004: n = 4/7, 2008: n = 3/6). The differences between original and generic product companies regarding the impacts of GS were not, however, statistically significant. GS did not affect on the range of sales packages on the market or the research activities of the majority of

  9. How Could Companies Engage in Sustainable Landscape Management? An Exploratory Perspective

    Directory of Open Access Journals (Sweden)

    Paul Opdam

    2018-01-01

    Full Text Available Current concepts that aim to align economic development with sustainability, such as the circular and green economy, often consider natural systems as externalities. We extend the green economy concept by including the landscape as the provider of social, economic and environmental values. Our aim is to explore how companies could engage in creating landscape-inclusive solutions for sustainable landscapes. We propose a conceptual model of the relationship between companies and landscape services based on a demand for landscape benefits by companies, implications for wider society. We present a short overview of how scientists addressed the role of companies in landscape-inclusive solutions. We also give some examples taken from the World Wide Web to illustrate the variety of ways in which companies already invest in landscape services. Our findings suggest that the relationship between companies and landscapes is not yet strongly recognized in sustainability science. However, examples from practice show that some companies do recognize the added values of landscape services, to the extent that they invest in landscape management. We conclude that future research should provide information on the added value of landscape-inclusive solutions to companies, and increase their capacity to engage in regional social–ecological networks.

  10. Happy oil companies; Heureux petroliers

    Energy Technology Data Exchange (ETDEWEB)

    Maincent, G

    2009-08-27

    The decay of demand, the bad financial results of the first half of 2009 and the hypothetical depletion of reserves must not hide a reality: oil companies are passing through the economic crisis without much trouble. Even if profits have marked time in volume (-57% for BP, -65% for Shell..), the net margins have not significantly suffered and the available cash remains comfortable (14 billion euros for Total as an example). The perspectives offered by the new offshore sites (like Santos in Brazil) added to the fabulous promises of the Iraqi market where 'majors' can now make their come-back will be the key of success of oil companies. The overall exploration-production investments should start up again by the beginning of 2011. For the only offshore drilling domain, they should rise up by 32% during the 2009-2013 period which represents a sum of 367 billion dollars. (J.S.)

  11. Exploring factors affecting shareholders’ funds within the conflict of interest posed by the executives of the company

    OpenAIRE

    Zhang, Xiang

    2010-01-01

    This paper investigates the relationship between several factors and the shareholders’ funds within the conflict of interest posed by the executives of the company in 100 companies listed on the London Stock Exchange (LSE). Management decision on corporate performance may affect shareholders’ funds under manager-shareholders conflict arising from asymmetric information. We found a significant relationship between provisions and shareholders’ funds. Furthermore, we also found financial distres...

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

    Directory of Open Access Journals (Sweden)

    Anna WOLNOWSKA

    2012-07-01

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

  13. Open source in Finnish software companies

    OpenAIRE

    Seppä, Arto

    2006-01-01

    This paper explores survey data focusing on open source software supply collected from 170 Finnish software firms using descriptive statistical analysis. The first half of the report contains general data about software companies and the differences between proprietary and open source firms. The second half focuses on open source firms. A subject of analysis are copyrights, products and services supply, the firms’ relationships with the open source community, and their views on opportunities ...

  14. Senior Management Use of Management Control Systems in Large Companies

    DEFF Research Database (Denmark)

    Willert, Jeanette; Israelsen, Poul; Rohde, Carsten

    2017-01-01

    Ferreira and Otley’s (2009) conceptual and holistic framework for performance management systems, supplemented by elements of contextual factors and organisational culture. Further, selected researchers’ perceptions of the purpose of using management control systems are related to practitioners’ ideas......The use of management control systems in large companies remains relatively unexplored. Indeed, only a few studies of senior managers’ use of management control systems consider multiple controls in companies. This paper explores data from a comprehensive survey of the use of management control...... systems in 120 strategic business units at some of the largest companies in Denmark. The paper identifies how senior management guides and controls their subordinates to meet their companies’ objectives. The presentation and discussion of the results, including citations from executive managers, use...

  15. Valuation of international oil companies - size matters

    International Nuclear Information System (INIS)

    Mohn, Klaus

    2005-01-01

    According to economic theory, exploration and the development of new oil and gas fields should respond positively to increasing prices. But since the late 1990s, financial analysts have focused strongly on short-term accounting return measures, like RoACE (Return on Average Capital Employed), for benchmarking and valuation of international oil and gas companies. Consequently, the demands for strict capital discipline among oil and gas companies may have reduced their willingness to invest for future reserves and production growth. We investigate the presumed positive relation between RoACE and stock market valuation. Based on panel data for 12 international oil and gas companies for the period 1997-2002, we seek to establish econometric relations between market valuation on one hand, and simple financial and operational indicators on the other. Our findings do not support the perceived positive relation between reported RoACE and market-based multiples. Recent evidence also suggests that the stock market is increasingly concerned about reserve replacement and sustained profitable production growth. The current high-price, low-investment equilibrium is therefore hardly stable. (Author)

  16. Does Corporate Social Responsibility really make a difference? : An explorative analysis for Chinese companies

    NARCIS (Netherlands)

    Graafland, J.J.; Smid, H.

    Many studies have been performed to assess the impacts of corporate social responsibility (CSR) on the financial performance of companies. There are, however, very few studies that analyze how CSR policies and instruments affect the realization of social and environmental CSR goals, such as the

  17. Market Orientation and Innovators’ Success: an Exploration of the Influence of Customer and Competitor Orientation

    OpenAIRE

    Michael Lewrick; Maktoba Omar; Robert L. Williams, Jr.

    2011-01-01

    The concepts of market orientation and innovation and their interrelationship with business success have been explored from a number of perspectives. However, research in this area has not explored the differences between start-up and mature companies. The research study acquired data from over two hundred Chief Operating Officers (CEO's) and Managing Directors from both start-up and mature companies. The results illustrate the differences in both types of company and reveals new insights wit...

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

    Directory of Open Access Journals (Sweden)

    Nausheen Syed

    2013-03-01

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

  19. Competitive bidding tactics for new exploration concessions

    International Nuclear Information System (INIS)

    Hawley, P.D.; Bramley, A.D.; Castellani, J.M.

    1992-01-01

    In some (mostly developing) countries, oil companies compete for new exploration agreements by bidding the key economic parameters. Companies are faced with a trade off between profitability of potential discoveries and probability of winning the bid. The authors believe that an increasing number of companies are making generous offers in order to win bids, in the expectation of being able to renegotiate economic terms if they make a discovery. This tactic is hard to recognize and may have a good chance of success, due to the strength of the oil company's bargaining position upon discovery. However, the tactic damages the performance of the E and P industry in developing countries --- for governments and companies alike. This paper reports that the means of combating tactical underbidding rest largely with governments and national oil companies in making better contracts and taking a cautious approach to the evaluation of bids. Reputable companies can contribute to the process by emphasizing that their bids are formulated in good faith and based on sound commercial considerations

  20. A case study of Facebook marketing approaches of two Nepali companies

    OpenAIRE

    Aryal, Sudeep Bhushan

    2012-01-01

    Facebook marketing as a social media is an online communication that creates an avenue for companies to reach out to their customers. Nowadays, Facebook has become an effective and cheap medium to market products and services with higher positive results and feedbacks. The main objective of this thesis was to explore whether two Nepali companies Muncha.com and Thamel.com are able to promote their goods and services through Facebook or not. Moreover, this thesis will also study the overall...

  1. How to catch a Unicorn: An exploration of the universe of tech companies with high market capitalisation

    OpenAIRE

    SIMON Jean-Paul

    2016-01-01

    Technology companies with high market capitalisation (often called unicorns) have been receiving a lot of attention and media coverage recently. In general, unicorns are IT-centric (software mostly, but also hardware). They are often rather young global companies that match unsatisfied demand with supply through the production (which can easily be scaled up) of innovative and usually affordable services and products. These are usually part of the mobile internet wave, and rely on connect...

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

    OpenAIRE

    Chong, David Voon Chee

    2003-01-01

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

  3. HRM implementation in multinational companies : the dynamics of multifaceted scenarios

    NARCIS (Netherlands)

    Bos-Nehles, Anna; Bondarouk, Tanya; Labrenz, Soren

    2017-01-01

    This study explores why the subsidiary line managers of multinational companies (MNCs) implement HRM practices differently than intended by headquarters. HRM implementation is understood as a process in which one has to differentiate between a range of multifaceted HRM implementation scenarios. We

  4. The Company of Others: Generating Knowhow in Later Life

    Science.gov (United States)

    Kimberley, Helen; Golding, Barry; Simons, Bonnie

    2016-01-01

    This paper explores some important aspects of the generation of practical knowledge through later life. It is about the relationship between knowledge generation, agency and capability, developed informally through the life experiences in and through the Company of Others. It emphasises how the everyday processes of socialisation create invaluable…

  5. Exploring the evolution of investment pattern on advanced manufacturing technology

    DEFF Research Database (Denmark)

    Yang, Cheng; Matthiesen, Rikke Vestergaard; Johansen, John

    2014-01-01

    This paper explores the evolution of investment pattern on advanced manufacturing technology in a manner that builds on a longitudinal perspective. Based on the data of investments in AMTs from 567 manufacturing companies this paper develops a longitudinal taxonomy defined by the evolution of inv...... of technology management, which is comprised primarily of cross-sectional studies that do not address the dynamic nature of investments in AMTs.......This paper explores the evolution of investment pattern on advanced manufacturing technology in a manner that builds on a longitudinal perspective. Based on the data of investments in AMTs from 567 manufacturing companies this paper develops a longitudinal taxonomy defined by the evolution...... of investment patterns on AMT followed by companies over time; identifies the possible evolutionary features of different groups of companies; and suggests the possible explanatory and outcome factors on the evolution of investment pattern on AMTs. By doing so, this study seeks to fill a void in the area...

  6. Multinational teams in European and American companies

    OpenAIRE

    Numic, Aida

    2007-01-01

    Incorporating team context into research and practice concerning team effectiveness in multinational organizations still remains an ongoing challenge. The purpose of this dissertation was to explore the influence of industry, corporate culture, structure, strategy and task characteristics on MNTs in business organizations and to develop a more comprehensive framework connecting the internal dynamics with contextual aspects of MNTs functioning in companies in Europe and the USA. The study was ...

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

    Directory of Open Access Journals (Sweden)

    Iuliana Oana MIHAI

    2017-06-01

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

  8. Adding further efficiencies to the laundry and hospitality industries : comissoned by CompanyX

    OpenAIRE

    Skews, Mark

    2015-01-01

    This dissertation investigates the number of customers who rent laundry from CompanyX and experience problems with the service process that they receive. The research gauges the significance of the problems experienced and explores what technologies could enhance the service processes of CompanyX. The research methodology used was an internet based customer survey, to empirically determine the quantity of customers who experience service process problems. Further investigation was perfo...

  9. Uranium exploration expenditures in 1980 and plans for 1981-1982

    International Nuclear Information System (INIS)

    Sanders, L.R. Jr.

    1981-05-01

    The Grand Junction Office of the US Department of Energy has conducted annual surveys of actual and planned uranium exploration activities since 1971. This report summarizes the aggregated proprietary information which has been furnished by the industry on a confidential basis. This work is part of an overall program to evaluate future supplies of nuclear fuel. The annual surveys have covered: (1) land acquired for exploration and cost of acquisition (since 1966); (2) surface drilling footage and cost (since 1966); (3) all other exploration expenditures (since 1966); (4) estimates of exploration activities and costs for the next 2 years (since 1971), this year's survey covered estimates for 1981 to 1982; (5) year-end total of lands held for uranium exploration (since 1972); (6) exploration for nonsandstone deposits (since 1974); (7) exploration in nonestablished areas (since 1974); (8) foreign uranium exploration expenditures by US companies (since 1966); (9) foreign participation in exploration activities in the United States (since 1975); (10) aerial radiometric exploration activities (since 1977); and (11) solution mining production drilling (since 1976). This report presents a compilation of data from the replies of 147 companies

  10. The impact of price reduction on exploration-production strategies

    International Nuclear Information System (INIS)

    Perrin, F.

    1994-01-01

    Six trends seem to be prevailing: a best ratio cost-efficiency in exploration-production; a certain geographical concentration; the impact of technological advance; the opening to exploration of areas closed in the past to the western companies; accent put on natural gas

  11. Turning Exploration (R&D) into a Sustainable Business Model

    OpenAIRE

    Buskard, James Livingstone

    2012-01-01

    Nevada Exploration Inc. (“NGE”) is a public exploration company that has developed new technology to identify gold exploration projects in Nevada’s valleys where the bedrock is covered. Covered bedrock settings challenge conventional exploration tools and NGE’s technology represents a significant improvement; however, because the technology is still new, NGE has had a hard time attracting buyers for its projects. Instead, NGE has advanced its exploration targets in house, which has proven cos...

  12. Exploration in sensitive areas: Convincing the community

    International Nuclear Information System (INIS)

    Stejskal, I.V.

    1995-01-01

    The Exmouth region WA is known for the Ningaloo Reef, an environmentally sensitive region covered by petroleum exploration permits. This paper discusses the issue of carrying out drilling operations in an environmentally sensitive area. Despite the successful drilling of two wells in the area in 1993, and an environmental management strategy developed by the operating company, the continuing policy of not allowing drilling in Ningaloo Marine Park was an example of government, the local community and the widespread public disregarding of scientific evidence and the environmental record of the oil and gas industry. Nevertheless, the communications program was a success and the exploration company now has an environmental policy that reflects the importance of community and government education and consultation. 1 fig., 1 photo., 11 refs

  13. Misuse of social media marketing by alcohol companies

    Directory of Open Access Journals (Sweden)

    Zakirhusain A Shaikh

    2015-01-01

    Full Text Available Background and Aims: Epidemiological transition in the form of noncommunicable diseases (NCDs now becoming the main cause of mortality and morbidity is very much evident even in developing countries like India. Alcohol is an important risk factor for NCD. The use of alcohol is increasing especially in young people and women. This increased use can be attributed to aggressive and innovative marketing by alcohol, in spite of and due to restrictions on its marketing. Social media, in recent times, has been misused by alcohol companies for marketing their products legally, due to legal loophole. The present study examined the reach of alcohol companies on social media and the marketing strategies used by them. Design, Settings, Participants: Facebook, Twitter and YouTube were explored for accounts and content by alcohol companies for marketing their product. Policies of social media sites pertaining to alcohol marketing were also studied. Measurements: Alcohol marketing was measured in terms of content posted by alcohol companies, use of direct or surrogate advertisement and engagement with users. Findings: Alcohol companies have been conveniently using social media to target young urban population with direct and surrogate advertisements of their products. Current social media policies and laws are ineffective in controlling it. Conclusions: Amendment of laws pertaining to alcohol marketing to include social media also in its ambit is necessary. Social media sites should revise their policies to prevent alcohol marketing and promotion especially to underaged users.

  14. Finance as a business partner at Marimekko : Searching for Finance Business Partnering opportunities at a Finnish Design Company

    OpenAIRE

    Tynkkynen, Jannika

    2016-01-01

    Finance Business Partnering is an innovative strategic orientation where the accounting disciplines and business understanding of the finance department are combined to pro-vide analysis and insights to inform and influence decision making and performance man-agement in an organization. To get a practical view on this and its implications, Finance Business Partnering was explored in the context of a company. The aim of my thesis was to explore whether Marimekko, a Finnish design company, coul...

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

    OpenAIRE

    Yin, Ying

    2009-01-01

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

  16. From space exploration to commercialisation

    NARCIS (Netherlands)

    Tkatchova, S.A.

    2006-01-01

    Space exploration has captured the imagination and dreams of many scientists, engineers and visionaries.The ISS is being built by five ISS partners; NASA, RSA, ESA, CSA and JAXA. ISS commercialisation is the process by which ISS products and services are sold to private companies, without

  17. Investment in exploration by the US uranium industry

    International Nuclear Information System (INIS)

    Cohen, W.

    1982-09-01

    This report examines investment in domestic uranium exploration by US companies. In addition to examining the influence of typically considered variables such as expected price of output, expected cost of production, cost of capital, and reserve holdings, the analysis also considers the influence of selected attributes of the corporations involved, including cash flow, exploration expertise, and corporate investment strategy. This latter class of variables (i.e., corporate variables) has never been considered in the analysis of the determination of industry investment behavior. The sample includes observations of 25 firms' behavior over a period of 7 years, 1973 through 1979. In addition to supporting the energy Information Administration's more comprehensive uranium market modelling efforts, an interesting question this study addresses is the role of major oil companies in the uranium exploration field. The results suggest that expected profit and level of reserve holdings significantly affect exploration effort. It is also found that firms with greater cash flow and depth of in-house exploration expertise will explore more than firms with less. On the other hand, the results do not suggest that firms' diversification strategies differentiate their exploration in the short run. For instance, in the uranium industry, mineral firms do not behave differently from energy (e.g., oil) firms, once the other determinants of investment in exploration are considered. In conclusion, the results demonstrate that corporate variables should be considered in models of uranium exploration. Their consideration will enhance the ability to model exploration behavior accurately. 10 tables

  18. Transaction Costs in Global Supply Chains of Manufacturing Companies

    Directory of Open Access Journals (Sweden)

    Philipp Bremen

    2010-02-01

    Full Text Available Outsourcing has advanced to an important measure that is applied broadly in operations management. Nowadays, suppliers of manufacturing companies do not only provide direct material like raw material and operational supplements but offer components and advanced modules incurring many value-adding stages. Whereas in the past companies built up local supplier networks, they recently tend to search for global sources. However, not all companies reach their expectations towards the success of global sourcing projects. Important reasons for relocating manufacturing capacities back to local suppliers or in- house manufacturing are costs for unexpected coordination activities, limited flexibility and declined or fluctuating quality. The theory of Transaction Cost Economics postulates that transaction costs of the types information, communication and coordination determine the governance structure of a supply chain, i.e. market, hybrid or firm. The objective of this paper is to analyze the cause-and-effect chain of inter-firm transaction costs concerning global sourcing. The resulting qualitative model is based on explorative multiple-case study.

  19. Insurance Companies Adapting to Trends by Adopting Medical Tourism.

    Science.gov (United States)

    Paul, David P; Barker, Tyler; Watts, Angela L; Messinger, Ashley; Coustasse, Alberto

    Health care costs in the United States are rising every year, and patients are seeking new ways to control their expenditures and save money. Going abroad to receive health care is a cheaper alternative than receiving the same or similar care at home. Insurance companies are beginning to realize the benefits of medical tourism for both themselves and their beneficiaries and have therefore started to introduce medical tourism plans for their clients as an option for their beneficiaries. This research study explores the benefits and risks of medical tourism and examines the US insurance market's reaction to the trend of increasing medical tourism. The US medical tourism industry mirrors that of the United Kingdom in recent years, with more patients seeking care abroad than in the United States. Insurance companies have introduced new plans providing the option of traveling abroad to countries such as India and Costa Rica. Medical tourism is gaining popularity with US residents, and insurance companies are recognizing this trend.

  20. Business & IT Alignment in a Multinational Company; Issues and approaches

    NARCIS (Netherlands)

    Drs. A.J.G. Silvius

    This chapter explores the theory and practice of Business & IT Alignment in multinational companies. In the first part of the chapter an overview of the theory is presented. In this part the familiar frameworks for Business & IT Alignment are put in perspective in an ‘Alignment development model’.

  1. Competition for petroleum exploration capital in the Asia-Pacific region - implications for New Zealand and Australia

    International Nuclear Information System (INIS)

    Miller, A.

    1995-01-01

    This paper examines the future energy production and demand profiles for the Asia Pacific region and the global allocation of exploration capital made by major international petroleum companies. The implications of these factors for future government petroleum exploration policies within the region are considered, in particular the Australian and New Zealand situations, together with likely effects of such measures on the ability of exploration and production companies to raise capital. (Author)

  2. Future role of the national oil companies in the world petroleum industry. [Of Arab states

    Energy Technology Data Exchange (ETDEWEB)

    Taher, A H

    1977-11-01

    The history and role of national (i.e., multinational companies owned by an oil-exporting or -producing country) oil companies are outlined as they relate to international political and economic events. The governments of oil-exporting countries saw national oil companies as a way to gain some control over prices and revenues and to participate in development and marketing decisions. National companies can be more responsive to government policies than multinational companies during times of shortages. They provide a business arm to the government, which is politically involved in supply negotiations with other governments. National companies are felt to have a more stable position in terms of supplies, although their supplies may not be any more abundant. Multinationals will need increasingly selective investment activities after 1980 as government regulation and intervention changes market conditions. National companies may want to turn the marketing of crude oil over to the multinationals, while cooperating with them in exploration projects and the transfer of alternative energy technology. (DCK)

  3. An overview of the management consulting firms of the Spanish company in China: company profile and success and failure factors

    Directory of Open Access Journals (Sweden)

    A. Niñerola

    2016-03-01

    Full Text Available This article explores the vision of Management Consulting Firms (MCF specialized in internationalization processes of Spanish companies in China. The main objective is to shed light on a process full of uncertainty as is international expansion into emerging markets on the point of view of the advisors of that process. First, it is analyzed whether there is a Spanish company profile that is internationalized toward China in terms of sector of activity, size and experience in international business. And second, with their client’s experiences, success and failure factors in the internationalization process are studied. To achieve those objectives in depth interviews were held with partners and managers of six Management Consulting Firms with Spanish clients in their portfolio. As a result it is concluded that the sectors where the Spanish company has invested are several, the size of the company is important to undertake an implementation process in China and its international experience as well. Eight key factors were found relevant to invest in China successfully.  Five factors are related with their resources (humans and financials and the other three are related with their strategy. The main reasons of failure are also discussed. The article provides an outside perspective on the reasons why an internationalization process is successful and other fails.

  4. An energy service company's perspective on demand-side management

    International Nuclear Information System (INIS)

    Bullock, C.G.

    1993-01-01

    In 1985, Massachusetts Electric Company held a bid for demand reduction to be supplied by energy service companies (ESCOs). It was one of the first demand-side management (DSM) bidding programs held in the United States. Since then, several DSM auctions have been held. Many people expected DSM bidding to be a key component in integrated resource planning. Many observed similarities with supply side bidding, and expected DSM bidding to grow according. Today, more than $2 billion annually is being spent by utilities on DSM programs. Less than $100 million is spent with ESCOs. This chapter explores some of the reasons for the current situation and suggests some alternatives, which could benefit all of the players

  5. Petroleum Legislation and Administration: Past, Present, Future and Impact on Exploration

    International Nuclear Information System (INIS)

    Ofurhie, M. A.

    2002-01-01

    The need to exploit the vast petroleum resources of the country in an optimally efficient manner demands a versatile, responsive, workable legislation and its administration.Therefore, Government enacted the Mineral Oils Act of 1914, which regulates the right to search and develop mineral oil efficiently. Specifically, Section 6 (1) (a) provided that Shell Darcy, a British company, had the sole right to operate the Nigerian province as its concession thereby disqualifying other non-British companies from exploration opportunities.The 1914 Act was modified in 1958 to accommodate non-British companies to compete for acreage. Thus, exploration activities increased thereby generating more reserves. Furthermore, exploration activities improved in the frontier areas because government granted the operators incentives, which expensed one exploratory and two appraisal wells as an offset against PPT.The Government promulgated the Petroleum Act of 1969 to ensure good management of the abundant petroleum resources found in the Niger Delta basin. The Act vests the ownership and control of all petroleum resources in the state. The marginal fields legislation strives to encourage more participation by indigenous companies, while at the same time boosting national producible reserves through a farm-in arrangement with concessionaires. Legislations on deep-water exploration have encouraged exploration activities in that terrain though it poses a great challenge to technology. Government's desire to eradicate environmental pollution and improve revenue has led it to enact legislations that would properly position Nigerian gas to compete favourably in the world market. Joint studies by government and operators in viable options for utilizing uncommitted gas through projects such as Gas-to Liquid, NGL and IPP are on-going.Although many of the Legislations have not changed by a large margin, their dynamic administration accommodates their reviews to match increasingly difficult safety

  6. Environmental protection: Streamlining petroleum exploration and production

    International Nuclear Information System (INIS)

    Hunt, A.M.

    1991-01-01

    The petroleum industry is inherently subject to a tremendous degree of volatility through fluctuation in world market prices and vagaries of world politics. A more recent stressful demand on the existing domestic petroleum exploration and production system has been the burgeoning number of environmental regulations imposed on this segment of the industry. Prudent and acceptable oil-field practices must now include agency-regulated environmental protection measures. Many independent producers are unfamiliar not only with the regulatory agencies, but also with the jargon and ambiguities, of regulations that very widely from state to state. Whereas some companies perceive only the restrictions and added cost of regulatory compliance, other companies have sought to optimize benefits while minimizing financial burdens by approaching this modern necessity more creatively, thereby discovering numerous means to become even more competitive. The domestic oil field of the 1990s will be increasingly affected by environmental regulation and public opinion. A number of companies have taken a proactive position on environmental issues. Industry examples include Louisiana Land and Exploration Company's history of wetlands conservation and Chevron's SMART (Save Money and Reduce Toxics). The future of the quality of life of this nation, and indeed the planet as a whole, lies in our capability to deal concurrently with the issues of a petroleum-based economy while protecting the natural environment that sustains life

  7. Do Japanese Companies in the Czech Republic Perform Better than Others?

    DEFF Research Database (Denmark)

    Blahova, Michaela; Pálka, Přemysl; Edgeman, Rick

    Purpose: This paper explores performance of Japanese companies located in the Czech Republic that focus on manufacturing of transportation machinery parts (due to their largest share in manufacturing industry) and compares their results with other companies in the same industry in the Czech...... Republic (irrespective the owner’s country of origin) in order to find out whether Japanese companies have been succeeding in combining a new focus on strategy, profit orientation, global outlook and flexibility with their traditional strengths of efficient processes, quality orientation, attention...... to detail and the capacity to win a substantial degree of loyalty from their employees, and, therefore, achieve improved corporate performance. Approach/method/design: The research involved assembling key academic and other literature on the subject of corporate performance as well as an in-depth analysis...

  8. Are You Being Served? A Genre Analysis of American and Dutch Company Replies to Customer Inquiries

    Science.gov (United States)

    van Mulken, Margaret; van der Meer, Wouter

    2005-01-01

    More and more companies now rely on the benefits of e-mail communication as a means of ensuring customer service. To date, very few publications have explored the role of this medium in the establishment of an interpersonal relationship between customer and company. In a descriptive study, the e-mail replies of producers were investigated with…

  9. Exploring Leader Identity and Development.

    Science.gov (United States)

    Priest, Kerry L; Middleton, Eric

    2016-01-01

    Taking on a leader identity can be a motivating force for pursuing leader development. This chapter explores the reciprocal and recursive nature of identity development and leader development, emphasizing how shifting views of self influence one's motivation to develop as a leader. © 2016 Wiley Periodicals, Inc., A Wiley Company.

  10. Investigation on law and economics of listed companies' financing preference based on complex network theory.

    Directory of Open Access Journals (Sweden)

    Jian Yang

    Full Text Available In this paper, complex network theory is used to make time-series analysis of key indicators of governance structure and financing data. We analyze scientific listed companies' governance data from 2010 to 2014 and divide them into groups in accordance with the similarity they share. Then we select sample companies to analyze their financing data and explore the influence of governance structure on financing decision and the financing preference they display. This paper reviews relevant laws and regulations of financing from the perspective of law and economics, then proposes reasonable suggestions to consummate the law for the purpose of regulating listed companies' financing. The research provides a reference for making qualitative analysis on companies' financing.

  11. Web related companies' strategies for attracting new customers

    Directory of Open Access Journals (Sweden)

    Bruno Marsigalia

    2014-01-01

    Full Text Available This paper provides a study on web related B2B (Business to Business, B2C (Business to Customer evaluation of strategy and methods for maximizing (expanding the number of customer among the people (i.e. internet population, using cycling process externally for internal process of strategy which explains business exploration and agility, and online consumers their compulsive buying behaviour with a new strategy to capture them in large number. The web based industries are web based companies and web related companies, we concentrated on web related company through new innovative method called B2P (Business to People/Public a schematic approach strategy diagram of B2P, and with external Process of strategy. The B2B and B2C (Business to Customer used by enterprises in peer to peer process is based on a qualitative approach, our sourcing of data has been carried out through secondary sources (papers, articles, open sources. The findings are the representation of new schematic diagrams that we developed with an idea and proposal and approach strategy for attaining people interest in the online industry specially concentrated as example on online book selling company. The originality of this paper called concept B2P is from different sources, examples, online articles and built on industry leaders advice through "linkedin.com" and web blogs.

  12. Market Orientation and Innovators’ Success: an Exploration of the Influence of Customer and Competitor Orientation

    Directory of Open Access Journals (Sweden)

    Michael Lewrick

    2011-08-01

    Full Text Available The concepts of market orientation and innovation and their interrelationship with business success have been explored from a number of perspectives. However, research in this area has not explored the differences between start-up and mature companies. The research study acquired data from over two hundred Chief Operating Officers (CEO’s and Managing Directors from both start-up and mature companies. The results illustrate the differences in both types of company and reveals new insights with regard to market orientation and its constituent elements and its relationship with both incremental and radical innovations. Key research results are that strong competitor orientation, a key ingredient of market orientation, has positive relationship to incremental innovation for start-up companies but it is contra productive for mature companies. In mature organizations a strong customer orientation is associated with radical innovation.

  13. OUTBOUND LOGISTICS MANAGEMENT IN MANUFACTURING COMPANIES IN GHANA

    OpenAIRE

    Kwame Owusu Kwateng; John Frimpong Manso; Richard Osei-Mensah

    2014-01-01

    The optimization of outbound logistics operations through consolidation and collaboration using a third party logistics provider has potential to contribute to the profitability of an organization by lowering the cost of warehousing and transportation. The purpose of this paper is to assess outbound logistics of a manufacturing company (Guinness Ghana Breweries Limited) using the services of a third party logistics provider (DHL). Empirical research was employed to explore outbound logistics ...

  14. 17 CFR 270.3a-3 - Certain investment companies owned by companies which are not investment companies.

    Science.gov (United States)

    2010-04-01

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

  15. Hydrogen in the making: how an energy company organises under uncertainty

    Energy Technology Data Exchange (ETDEWEB)

    Koefoed, Anne Louise

    2011-07-01

    This thesis combines an analytical interest in innovation process studies with an empirical interest in clean energy development. My work concentrates on innovation processes from initiation to realisation in a company setting focusing on hydrogen as an energy carrier. A Norwegian energy company, Norsk Hydro, is used as a case to explore the intraorganisational processes involved in business building. This is relevant to the research question - how hydrogen energy takes on reality and relevance for business activity? Further, a concrete hydrogen demonstration project involving research and development of a new technology combination, in collaboration with partners, has also been studied.(Author)

  16. Uranium exploration in Australia

    International Nuclear Information System (INIS)

    Battey, G.C.; Hawkins, B.W.

    1977-01-01

    As a result of exploration which recommenced in 1966 Australia's uranium reserves increased from 6,200 tonnes in 1967 to 227,000 tonnes uranium by June 1976. Most discoveries in the early 1950's were made by prospectors. The increase in reserves during the past decade is the result of exploration by companies utilising improved technology in areas selected as geologically favourable. These reserves were established at relatively low cost. In the Alligator Rivers Uranium Province the ''vein'' type deposits at Jabiluka, Ranger, Koongarra and Nabarlek contain 17% of the world's reserves. Most of these discoveries resulted from the investigation of airborne radiometric anomalies but cover over the prospective host rocks will necessitate the future use of costlier and more indirect exploration techniques. There was exploration for sandstone type uranium deposits in most of Australia's sedimentary basins. The greatest success was achieved in the Lake Frome Basin in South Australia. Other deposits were found in the Ngalia and Amadeus Basins in Central Australia and in the Westmoreland area, N.W. Queensland. A major uranium deposit was found in an unusual environment at Yeelirrie, Western Australia where carnotite occurs in a caliche and clay host which fills a shallow, ancient drainage channel. Although caliche occurrences are relatively widespread on the Precambrian shield no other economic deposit has been found. Recent discoveries in the Georgetown area of Queensland indicate the presence of another uranium province but it is too early to assess its potential. The ore occurs in clastic sediments at the base of a volcanic sequence overlying a Precambrian basement. Several companies which have established large uranium reserves have a number of additional attractive prospects. Exploration activity in Australia in 1975 was at a lower level than in previous years, but the potential for discovering further deposits is considered to be high

  17. Exploring the Stakeholders Salience for the adoption the Principles and Tools of Cleaner Production in Brazil Companies

    Directory of Open Access Journals (Sweden)

    Geraldo Cardoso Oliveira Neto

    2015-09-01

    Full Text Available Objective – The key objective of this paper is to show the primary environmental influences exerted by the government, economic agents and society on companies for the implementation of the principles and tools of cleaner production (CP, and the attributes (power, legitimacy and urgency used by stakeholders to coerce companies into adopting these principles. Design/methodology/approach – The research method employed was the application of an exploratory survey in 102 Brazilian companies and the multi-varied evaluation of data by means of multiple correspondent analysis. Findings – The study shows that some principles of CP are little used by companies in Brazil. Concerning the influences on the adoption of CP, the government, economic agents and society are singled out as the important influencers. The government influence is manifest through the adoption of environmental regulating measures (power in conjunction with sincere actions in environmental education (influence. The economic agents possess the power, legitimacy and urgency to influence the adoption of CP. Society’s influences are less relevant, in that Brazilian society has much less awareness of sustainable production and consumption as compared to other countries. Practical implications – This study shows that it is vital that Brazilian society learns more about sustainable production, because a society with no environmental conscience is a society with little means to demand the implementation of CP. Originality/value – The results of the study represent an important theoretical contribution in that, at present, there is little literature on the relationship between stakeholders and Cleaner Production. This is the first study in Brazil to address the subject.

  18. Smart Companies.

    Science.gov (United States)

    Galagan, Patricia A.

    1997-01-01

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

  19. The changing picture of uranium exploration

    International Nuclear Information System (INIS)

    Duval, B.C.

    1977-01-01

    The purposes of this paper are: firstly, to analyse the factors determining exploration strategies, special emphasis being given to the task of defining exploration targets as dictated by projected demand, and to discussing the chances of making new discoveries necessary to meet this challenge; secondly, to delineate the main trends apparent in exploration activities across the free world and to interpret them in the light of this analysis; and, thirdly, to show how the exploration activities of an independent company like Minatome specifically illustrate these points. The various aspects covered include: natural uranium requirements for nuclear power reactors on line, 1970 to 2025; cumulative natural uranium requirements for the same period; availability of economic reserves; geological aspects; financial and political factors; exploration techniques. (U.K.)

  20. Inventory management of spare parts in an energy company

    Energy Technology Data Exchange (ETDEWEB)

    Guajardo, Mario; Roennqvist, Mikael; Halvorsen, Ann Mari; Kallevik, Svein Inge

    2012-06-15

    We address a problem of inventory management of spare parts in the context of a large energy company, producer of oil and gas. Spare parts are critical for assuring operational conditions in offshore platforms. About 200,000 different items are held in several inventory plants. The inventory system implemented at the company corresponds to a min-max system. The control parameters are decided based mainly on the expert judgment of the planners. Also, though the inventory plants can in practice be supplied from each other, the inventory planning is performed separately by the plant planners. This is because of different ownership structures where the studied company has the operative responsibility. The company is pursuing a system in which all planners conform to the same inventory management approach and evaluation, as well as being more cost efficient. Our work focuses on supporting this goal. We apply methods to decide the inventory control parameters for this system under a service level constraint. The methodology we use distinguishes unit-size and lot-size demand cases. We perform computational experiments to find control parameters for a sample of items. After the control parameters are found, we use them to explore the impact of risk pooling among the plants and inaccuracy arising from duplicate item codes.(Author)

  1. Business models of sharing economy companies : exploring features responsible for sharing economy companies’ internationalization

    OpenAIRE

    Kosintceva, Aleksandra

    2016-01-01

    This paper is dedicated to the sharing economy business models and their features responsible for internationalization. The study proposes derived definitions for the concepts of “sharing economy” and “business model” and first generic sharing economy business models typology. The typology was created through the qualitative analysis of secondary data on twenty sharing economy companies from nine different industries. The outlined categories of sharing economy business models a...

  2. Genetic Counselors in Startup Companies: Redefining the Genetic Counselor Role.

    Science.gov (United States)

    Rabideau, Marina M; Wong, Kenny; Gordon, Erynn S; Ryan, Lauren

    2016-08-01

    Genetic counselors (GCs) have recently begun moving into non-clinic based roles in increasing numbers. A relatively new role for GCs is working for startup companies. Startups are newly established companies in the phase of developing and researching new scalable businesses. This article explores the experiences of four GCs working at different startup companies and aims to provide resources for GCs interested in learning more about these types of roles. The article describes startup culture, including a relatively flat organizational structure, quick product iterations, and flexibility, among other unique cultural characteristics. Financial considerations are described, including how to understand and evaluate a company's financial status, along with a brief explanation of alternate forms of compensation including stock options and equity. Specifically, the article details the uncertainties and rewards of working in a fast-paced startup environment that affords opportunities to try new roles and use the genetic counseling skill set in new ways. This article aims to aid GCs in determining whether a startup environment would be a good fit, learning how to evaluate a specific startup, and understanding how to market themselves for positions at startups.

  3. Effective mechanisms for environmental awareness enhancement of the Thai public company

    Science.gov (United States)

    Tilokwan, P.; Limjirakan, S.

    2018-02-01

    The purpose of this paper is to explore effective mechanisms towards environmental awareness enhancement of the Thai public company. The environmental awareness has been strongly mentioned in the international agenda such as Agenda 21 to achieve sustainable development and be implemented at the global communities in all sectors. Thailand’s environmental awareness has been set up as the national policy and continuously promoted in the business sectors. The selected study area is one of Thai industrial public companies mainly utilizing natural resources for its business. Data collection was conducted by using questionnaires with a stratified sampling method comprising of 28 managerial and 134 operational levels. Descriptive statistics were be used for data analysis presented in terms of percentage. The study found that the effective mechanisms towards environmental awareness enhancement include employees’ participation in environmental friendly field trip, environmental knowledge provided by the company, supply chain involvement, law enforcement, and international environmental standard applied by the company. This study would recommend that public participation should be involved in order to make the mechanisms effectively.

  4. Business is business : China's petroleum companies come of age

    International Nuclear Information System (INIS)

    Gault, S.

    2006-01-01

    An overview of the Chinese oil and gas industry was presented. The Chinese oil and gas sector has undergone massive changes since the monolithic Chinese Ministry of Petroleum Industry (MPI) organized large-scale oil and gas projects in the form of massive campaigns during the revolutionary period. During the 1980s, the MPI was divided into 4 sectors: (1) the China National Petroleum Company (CNPC) which controlled exploration and production onshore; (2) the China National Offshore Oil Company; (3) Sinopec, which acquired control over refining processes; and (4) Sinochem, which was responsible for importing and exporting crude oil. Although many of the production units of these companies went public on the Shanghai and Shenzhen stock exchanges, the president of CNPC is still appointed by the State Council. China recognized that a fundamental overhaul of the industry would be necessary to withstand international competition after it applied for WTO membership in 2001. Various national oil companies were dismantled and core businesses were consolidated. Three vertically integrated oil companies emerged : PetroChina International; Sinopec; and CNOOOC Ltd. The Chinese government has maintained majority ownership in all cases, which has led to significant financial advantages for the 3 companies. The political imperative to maintain social stability has prevented China's government from lifting pricing controls on many refined products. A failed takeover bid of Unocal that failed has caused China to lose faith in America's commitment to free market principles. China began buying oil reserves in Alberta in 1992, and made a number of important acquisitions in 2005. China is now considering purchasing an equity stake in an oil sands project, but has had difficulties in finding Canadian partners. 1 fig

  5. MERGER ACCOUTING FOR COMPANIES

    OpenAIRE

    SUCIU GHEORGHE

    2014-01-01

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

  6. Exploring the Pattern of Internal Communication in Total Quality Management Implementation in Manufacturing Companies

    Directory of Open Access Journals (Sweden)

    Samsudin Sharina

    2017-01-01

    Full Text Available Communication is an important aspect of organizational dynamic process and it is irrefutable one of the critical success factors of the Total Quality Management (TQM implementation. Although there are increasing awareness concerning the importance of internal organizational communication, knowledge appears to have rarely translated into practice or there is lack of guidance to effectively practicing it. Therefore, a study was proposed to investigate the pattern of internal communication practice in TQM implementation. This paper concerns on focusing into internal communication practices in TQM implementation factors and the communication patterns in terms of message forms and mediums of communication to convey TQM messages. Reliability and Factor analysis were carried out to confirm items that form each factor in internal communication in TQM implementation. Based on the analysis of survey questionnaires distributed to 104 large manufacturing companies implementing TQM in Malaysia, it was found that there are certain communication patterns practice by the management when conveying and disseminating TQM messages, but they have no specific guidelines. Therefore, the internal communication practices are not well planned. Finally, it is suggested that further research should be carried out to explain clearly the role and strategy of communication on this issue in order to boost the success of TQM implementation particularly in manufacturing company.

  7. India advancing as international exploration target

    International Nuclear Information System (INIS)

    Anon.

    1994-01-01

    Mighty as it is in terms of sedimentary area, hydrocarbon potential, and sheer market size, India does not occupy a position of like stature on the international oil explorer's chart. Yet Indian government policy initiatives during the past 3 years have thrown the country open to foreign investment upstream and downstream. Strapped for cash, hounded by declining production and reserves, the government is leaving higher cost and higher risk exploration to foreign and domestic private sector companies. Furthermore, India has approved majority capital holdings in the downstream sector, invited bids on field reactivation schemes and speculative seismic surveys, and adopted attractive and flexible production sharing contracts to govern these agreements. A strong tradition upholding sanctity of law provides a solid guarantee that such contracts will not be broken or modified. The paper discusses India's restructuring, the bidding rounds, the growing interest of foreign companies, downstream and gas deals, acreage and terms being offered, and other projects

  8. Cost and Management Accounting Practices: A Survey of Manufacturing Companies

    Directory of Open Access Journals (Sweden)

    Ali UYAR

    2010-11-01

    Full Text Available The purpose of this study is to explore cost and management accounting practices utilized by manufacturing companies operating in Istanbul, Turkey. The sample of the study consists of 61 companies, containing both small and medium-sized enterprises, and large companies. The data collection methodology of the study is questionnaire survey. The content of the questionnaire survey is based on several previous studies. The major findings of the study are as follows: the most widely used product costing method is job costing; the complexity in production poses as the highest ranking difficulty in product costing; the most widely used three overhead allocation bases are prime costs, units produced, and direct labor cost; pricing decisions is the most important area where costing information is used; overall mean of the ratio of overhead to total cost is 34.48 percent for all industries; and the most important three management accounting practices are budgeting, planning and control, and cost-volume-profit analysis. Furthermore, decreasing profitability, increasing costs and competition, and economic crises are the factors, which increase the perceived importance of cost accounting. The findings indicate that companies perceive traditional management accounting tools still important. However, new management accounting practices such as strategic planning, and transfer pricing are perceived less important than traditional ones. Therefore, companies need to improve themselves in this aspect.

  9. Quid pro quo: tobacco companies and the black press.

    Science.gov (United States)

    McCandless, Phyra M; Yerger, Valerie B; Malone, Ruth E

    2012-04-01

    We explored the relationship between tobacco companies and the Black press, which plays an important role in conveying information and opinions to Black communities. In this archival case study, we analyzed data from internal tobacco industry documents and archives of the National Newspaper Publishers Association (NNPA), the trade association of the Black press. In exchange for advertising dollars and other support, the tobacco industry expected and received support from Black newspapers for tobacco industry policy positions. Beginning in the 1990s, resistance from within the Black community and reduced advertising budgets created counterpressures. The tobacco industry, however, continued to sustain NNPA support. The quid pro quo between tobacco companies and the Black press violated journalistic standards and represented an unequal trade. Although numerous factors explain today's tobacco-related health disparities, the Black press's service to tobacco companies is problematic because of the trust that the community placed in such media. Understanding the relationship between the tobacco industry and the NNPA provides insight into strategies that the tobacco industry may use in other communities and countries.

  10. Open Source Telecommunication Companies

    Directory of Open Access Journals (Sweden)

    Peter Liu

    2007-08-01

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

  11. Effect of tax laws on mineral exploration in Canada

    Energy Technology Data Exchange (ETDEWEB)

    DeYoung, Jr, J H

    1977-06-01

    It is concluded that tax law variations, rather than differences in commodity price changes, have been responsible for shifts in mineral exploration from one political region to another. This view is substantiated by the fact that decreasing mineral exploration in certain parts of Canada has coincided with increased mineral exploration in areas of the USA and in other parts of Canada, and with diversification by mining companies into non-mining activities. It is difficult to analyze separately the effect of all the different considerations facing the managers of the exploration budgets. These decision makers are concerned with the possibility of discovering ore deposits by using available methods; with the costs of finding, acquiring, developing, producing, and marketing mineral commodities; and with expected revenues from product sales. Budget-allocation decisions by those engaged in exploration are influenced by many characteristics of a region including: geology, topography, climate, population density, political structure, applicable legislation on zoning, taxation, and environmental controls, and transportation facilities. The decline in mineral exploration in Canada, particularly in British Columbia, which followed increases in taxes for mining companies has provided policymakers with several examples that should be considered in the development of future mineral policies. These examples are discussed.

  12. Analysis of petroleum company investments in nonpetroleum energy sources. Book I

    Energy Technology Data Exchange (ETDEWEB)

    Ryan, P. Jr.; Ryan, T.C.

    1979-12-12

    The purpose of this report is to analyze the investment strategies of US oil companies and the depth of their present and future investments in nonpetroleum energy sources. For purposes of this study, the nonpetroleum energy sources to be discussed are coal, uranium/nuclear, synthetics from coal, oil shale, geothermal, and solar. To gather necessary subjective data, the authors interviewed the managements of more than forty companies, the majority of which are directly involved in the production of various forms of energy. Others are substantial energy users. Interviews were also held with various federal and state regulatory agencies, with federal legislative groups, and with representatives of industry associations. These interviews were not intended to be a survey; their purpose was rather to explore the perceptions of petroleum company managements concerning nonpetroleum energy sources and the reasons for their company's participation, or lack of participation, in the development of these resources. Quantitative data came from reports prepared by federal investigative and regulatory agencies, from testimony given before investigative and regulatory bodies, from public company reports (annual reports, quarterly reports, 10-K's, 8-K's, registration statements, press releases, etc.), from industry, research and investment organizations, from universities, and from a variety of publications.

  13. Provider Strategies and the Greening of Consumption Practices: Exploring the Role of Companies in Sustainable Consumption

    NARCIS (Netherlands)

    Spaargaren, G.; Koppen, van C.S.A.

    2009-01-01

    Making consumption practices more sustainable means incorporating new ideas, information and products into existing consumption routines of citizen-consumers. For a successful incorporation process it is crucial that companies, as main providers of new products and services, develop an active

  14. Seagull to acquire arkla exploration

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    Seagull Energy Corp., Houston, has agreed to acquire Arkla Exploration Inc. from Arkla Inc., Shreveport, La., for about $402 million. The transaction-expected to net Seagull reserves totaling about 578 bcf of gas and 7.3 million bbl of oil and condensate-would more than double Seagull's proved reserves and nearly double its total assets. According to Seagull's 1991 annual report, the company's reserves at yearend 1991 were estimated at 401.2 bcf of gas equivalent (bcfe), including 335.1 bcf of gas and 11 million bbl of oil. Independent engineers at yearend 1991 estimated Arkla's proved reserves at 635 bcf of gas and 9 million bbl of liquids. Seagull Chairman Barry J. Galt said the company plans to keep many of Arkla Exploration's employees and to establish a meaningful presence in Shreveport. Arkla's already got good people in Shreveport and an operating base, a Seagull official said. We want to move in, put our name on the door, and continue the good operations Arkla already has. Seagull has lined up financing for the acquisition from a group of major U.S. banks. A new credit facility-consisting of a $475 million line of revolving credit and a $150 million 3 year term loan-will replace an exiting $225 million line of revolving credit. Boards of both companies have approved the deal, which Seagull and Arkla hope to close before yearend, subject to regulatory approvals and purchase price adjustments

  15. 77 FR 34380 - Explorer Pipeline Company; Notice of Amendment to Petition for Declaratory Order

    Science.gov (United States)

    2012-06-11

    ... structure for Explorer's proposed diluent pipeline extension project (Diluent Extension Project). In its Petition, Explorer described the Diluent Extension Project as involving the construction of a new pipeline segment from Peotone, Illinois to Manhattan, Illinois, where Explorer's pipeline system will interconnect...

  16. Physician-owned companies.

    Science.gov (United States)

    Kostuik, John P

    2007-05-15

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

  17. TYPES OF FI SCAL REGIME IN HYDROCARBON EXPLORATION AND PRODUCTION

    Directory of Open Access Journals (Sweden)

    Daria Karasalihović-Sedlar

    2017-01-01

    Full Text Available The choice of the right fi scal regime represents the main object of the energy policy concerning hydrocarbon exploration and production for the state government. For the operator and service companies it represents the terms and conditions for practical conducting of the process in whole. This paper analyse aspects of agreements used in the petroleum indus-try. Elements of agreement, regardless of regime, have been described together with their advantages and disadvantages. Due to the fact that the fi scal regime has to be chosen to attract companies willing to invest in exploration and produc-tion, it represents a relevant part of the business strategy and also a base for the decision making process during start up. It has to minimize the risk for the both parties involved and maximize the state’s share during the exploitation phase. For the companies, it has to be attractive enough to balance risks during the exploration phase with profi ts gained during the exploitation phase. The aim of this paper is to show the existing fi scal systems in the petroleum industry and to analyze the process for concluding a contract regarding the exploration and production of hydrocarbons. An overview of diff er-ent business practices in the oil and gas industry with a detailed breakdown of the contract terms between the parties involved have been described in the paper. The aim of this paper is to show the diff erent possibilities of fi nancial regimes which could help during the negotiation process for conducting hydrocarbon exploration and production for everyone involved.

  18. Alliance Concentration in Multinational Companies : Examining Alliance Portfolios, Firm Structure, and Firm Performance

    NARCIS (Netherlands)

    Bos, Brenda; Faems, Dries; Noseleit, Florian

    Research summary: This article explores the distribution of alliances across firms' internal structure. Focusing on multinational companies, we examine the impact of alliance portfolio concentrationi.e., the extent to which alliances are concentrated within a limited number of geographic unitson

  19. Alliance Concentration in Multinational Companies : Examining Alliance Portfolios, Firm Structure, and Firm Performance

    NARCIS (Netherlands)

    Bos, Brenda; Faems, Dries; Noseleit, Florian

    2017-01-01

    Research summary: This article explores the distribution of alliances across firms' internal structure. Focusing on multinational companies, we examine the impact of alliance portfolio concentrationi.e., the extent to which alliances are concentrated within a limited number of geographic unitson

  20. VULNERABILITY OF COMPANIES

    Directory of Open Access Journals (Sweden)

    ARMEAN ANDREEA

    2013-06-01

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

  1. The Danish East India Company

    DEFF Research Database (Denmark)

    Sørensen, Karsten Engsig

    2005-01-01

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

  2. Company Portfolios Answer the Question: What Do You Know about My Company?

    Science.gov (United States)

    Watson, Michelle L.

    2001-01-01

    Job seekers can demonstrate their knowledge of a potential employer by developing a company portfolio. Elements include company history, mission, values, and goals; size and location(s); financial status; and recent changes in the company and industry. (SK)

  3. Physician practice management companies: should physicians be scared?

    Science.gov (United States)

    Scott-Rotter, A E; Brown, J A

    1999-01-01

    Physician practice management companies (PPMCs) manage nonclinical aspects of physician care and control physician groups by buying practice assets. Until recently, PPMCs were a favorite of Wall Street. Suddenly, in early 1998, the collapse of the MedPartners-PhyCor merger led to the rapid fall of most PPMC stock, thereby increasing wariness of physicians to sell to or invest in PPMCs. This article explores not only the broken promises made by and false assumptions about PPMCs, but also suggests criteria that physicians should use and questions would-be PPMC members should ask before joining. Criteria include: demonstrated expertise, a company philosophy that promotes professional autonomy, financial stability, freedom from litigation, and satisfied physicians already in the PPMC. The authors recommend that physicians seek out relatively small, single-specialty PPMCs, which hold the best promise of generating profits and permitting professional control over clinical decisions.

  4. The importance of intellectual capital in the company

    Directory of Open Access Journals (Sweden)

    Andreja Lavrič

    2016-06-01

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

  5. IT Project Management in Very Small Software Companies

    DEFF Research Database (Denmark)

    Shakir, Shahid Nadeem; Nørbjerg, Jacob

    2013-01-01

    In developing countries very small software companies (VSSCs) with only 1-10 employees play an important role both in the local economy and as providers of software and services to customers in other parts of the world. Understanding and improving their IT project management (ITPM) practices...... and challenges are, therefore, important in the local as well as the larger context of globalized software development. There is, however, very little research into small shop software practices in developing countries. The current paper explores actual ITPM practices in Pakistani VSSCs based on a qualitative...... study of seven Pakistani VSSCs. We find that some Pakistani ITPM practices are similar to what is reported from VSSCs in other parts of the world, while others seem to be related to the companies' position in the global software development chain. This paper is part of a larger research project aiming...

  6. Knowledge, Skills and Competencies of Hospitality Companies in the South Moravian Region

    Directory of Open Access Journals (Sweden)

    Klapalova Alena

    2013-06-01

    Full Text Available In 2009, a survey focused on barriers to entrepreneurship among managers and/or owners of companies in the hospitality industry in the South Moravian Region was carried out (Klapalová,2011 at the College of Business and Hotel Management in Brno. Results of this survey revealed that knowledge together with skills and competencies was considered to be the biggest barrier to sustainable successful entrepreneurship of these companies and this perception wasalso confirmed by Spearman’s correlations analysis with statistically significant coefficient at the 0.05 level (Spearman’s rho=0.214, p=0.18, when analyzing the relation to financial performanceof companies. The issue of knowledge was not investigated deeper in the survey but it raised several questions for further research. This paper offers preliminary and partial results of an inquiry done during the autumn and winter 2011 and spring and summer 2012 which takes up the previous survey from 2009 with the aim to explore the types of knowledge, skills and competencies perceived as the most important for company success and as the most missing in nowadays entrepreneurship of inquired companies. Three relationships of knowledge categories were analysed: relation to the age and size of companies and relation to the indicators of financial performance. The findings have several managerial implications, both for business practice and educational organisations.

  7. Hybrid performance measurement of a business process outsourcing - A Malaysian company perspective

    Science.gov (United States)

    Oluyinka, Oludapo Samson; Tamyez, Puteri Fadzline; Kie, Cheng Jack; Freida, Ayodele Ozavize

    2017-05-01

    It's no longer new that customer perceived value for product and services are now greatly influenced by its psychological and social advantages. In order to meet up with the increasing operational cost, response time, quality and innovative capabilities many companies turned their fixed operational cost to a variable cost through outsourcing. Hence, the researcher explored different underlying outsourcing theories and infer that these theories are essential to performance improvement. In this study, the researcher evaluates the performance of a business process outsource company by a combination of lean and agile method. To test the hypotheses, we analyze different variability that a business process company faces, how lean and agile have been used in other industry to address such variability and discuss the result using a predictive multiple regression analysis on data collected from companies in Malaysia. The findings from this study revealed that while each method has its own advantage, a business process outsource company could achieve more (up to 87%) increase in performance level by developing a strategy which focuses on a perfect mixture of lean and agile improvement methods. Secondly, this study shows that performance indicator could be better evaluated with non-metrics variables of the agile method. Thirdly, this study also shows that business process outsourcing company could perform better when they concentrate more on strengthening internal process integration of employees.

  8. Does the company's economic performance affect access to occupational health services?

    Science.gov (United States)

    Kankaanpää, Eila; Suhonen, Aki; Valtonen, Hannu

    2009-09-02

    In Finland like in many other countries, employers are legally obliged to organize occupational health services (OHS) for their employees. Because employers bear the costs of OHS it could be that in spite of the legal requirement OHS expenditure is more determined by economic performance of the company than by law. Therefore, we explored whether economic performance was associated with the companies' expenditure on occupational health services. We used a prospective design to predict expenditure on OHS in 2001 by a company's economic performance in 1999. Data were provided by Statistics Finland and expressed by key indicators for profitability, solidity and liquidity and by the Social Insurance Institution as employers' reimbursement applications for OHS costs. The data could be linked at the company level. Regression analysis was used to study associations adjusted for various confounders. Nineteen percent of the companies (N = 6 155) did not apply for reimbursement of OHS costs in 2001. The profitability of the company represented by operating margin in 1999 and adjusted for type of industry was not significantly related to the company's probability to apply for reimbursement of the costs in 2001 (OR = 1.00, 95%CI: 0.99 to 1.01). Profitability measured as operating profit in 1999 and adjusted for type of industry was not significantly related to costs for curative medical services (Beta -0.001, 95%CI: -0.00 to 0.11) nor to OHS cost of prevention in 2001 (Beta -0.001, 95%CI: -0.00 to 0.00). We did not find a relation between the company's economic performance and expenditure on OHS in Finland. We suppose that this is due to legislation obliging employers to provide OHS and the reimbursement system both being strong incentives for employers.

  9. Evidence of Macroeconomic Policy Effects over Company-Sector Stock Returns

    Directory of Open Access Journals (Sweden)

    Mara Madaleno

    2014-11-01

    Full Text Available Given that stock markets may act as an economy mirror, it is explored the sensitivity of company-sector-specific stock returns to macroeconomic news reflecting different economic environments for the UK, US, Germany, Japan and Australian markets between March 1993 and February 2013 using monthly data. Results seem to indicate that portfolio investors need to be aware that movements in the market index is the best predictor to forecast stock returns of individual companies and sectors in developed economies. Sentiment influences individual company’s returns of the utilities sector, even if these are considered of limited growth and stable earnings, for UK, USA and Australia, turning investor confidence a relevant variable to be included. Information increases about industrial production have no influence on company and sector stocks, thus not affecting investor’s decision in developed countries. As for Japan, results seem to indicate that the higher the need of oil imports of a country, the higher will be the positive impact of oil price changes over company returns. Finally, the riskless interest rate has no effect on sector stock returns independently of the country under analysis. For developed economies, we confirm the finding that stocks cannot be used as a hedge against inflation.

  10. Ecological and Economic Indicators of Oil and Gas Companies Functioning

    Directory of Open Access Journals (Sweden)

    Anastasia V. Sheveleva

    2016-01-01

    Full Text Available This article analyzes the basic ecological-economic indicators of oil and gas companies, in particular the various volumes of oil, the number of spills per year of CO2 emissions, the costs of environmental protection. In the process of exploration, development and exploitation of oil and gas fields, production, refining, transportation and storage companies have a negative impact on the environment. Occur accidents involving oil spills, emissions and discharges of pollutants into the environment. As a result contaminates water resources, soil and atmosphere, animals dying, birds and fish, but also transformed the structure of the subsurface and changes the landscape, reduced strategic reserves of fuel and energy resources are formed objects of accumulated environmental damage. The need for construction of environmental protection facilities; the protection, rational use and rehabilitation of lands; protection of water resources and atmospheric air; monitoring the environment and industrial facilities; the prevention and elimination of consequences of accidents on pipelines; disposal and recycling of waste; environmental education; conducting scientific research requires oil and gas companies to undertake large expenditures. A positive trend of modern development of oil and gas companies is the introduction of mechanisms for environmental management in practice their activities, which leads to a gradual reduction of the negative impact of their activities on the environment.

  11. Information needs of the exploration geoscientist - proceedings

    Energy Technology Data Exchange (ETDEWEB)

    Campbell, G.E. (ed.)

    1984-01-01

    Papers were presented describing the data bases of exploration data which have been created by the following Australian organisations: Bureau of Mineral Resources; Geological Survey of Western Australia; Northern Territory Geological Survey; South Australian Department of Mines and Energy; Tasmanian Department of Mines; Geological Survey of Queensland; South Australian Land Information System; New South Wales Department of Mineral Resources; Shell; and Western Mining Corporation. The information needs of Australian mineral and petroleum exploration companies were discussed.

  12. The usage of financial derivatives in financial risk management by non- financial companies in Serbia

    Directory of Open Access Journals (Sweden)

    Živanović Branko

    2017-01-01

    Full Text Available In this paper we analyse the research results on corporate risk management practices, notably in light of the derivatives use in the large Serbian non-financial companies. The principal aim of this paper is to examine whether Serbian companies employ derivatives to manage risk and to what degree, and to explore the main rationale behind the companies' not employing these instruments, as well as to suggest possible enhancements of risk management practices. Furthermore, we have investigated the key reasons why financial derivatives are very useful for Serbian companies for hedging financial risks. Additionally, this paper provides a comparative overview of the use of derivatives between Serbian companies and the companies in Croatia and Slovenia in order to ascertain whether Serbian companies employ derivatives in order to manage risk to the same degree as their Croatian and Slovenian counterparts. This paper will include findings and provide evidence that FX rate and referent interest rates (such as 1w- 2w repo rate, Beonia and Belibor are markedly volatile, which opens vast possibilities for the use of financial derivatives, given that these financial parameters determine the price of a credit arrangement for companies and the quality of import and export cash flows.

  13. Regulating Listed Companies: Between Company Law and Financial Market Law in Danish Law

    DEFF Research Database (Denmark)

    Clausen, Nis Jul

    2011-01-01

    The article discusses different elements and aspects of the regulation of listed companies in particular whether such regulation should be placed in company law or in financial marked law.......The article discusses different elements and aspects of the regulation of listed companies in particular whether such regulation should be placed in company law or in financial marked law....

  14. 77 FR 20882 - Manning Grain Company; Acquisition and Operation Exemption; Fillmore Western Railway Company

    Science.gov (United States)

    2012-04-06

    ... DEPARTMENT OF TRANSPORTATION Surface Transportation Board [Docket No. FD 35612] Manning Grain Company; Acquisition and Operation Exemption; Fillmore Western Railway Company Manning Grain Company (MGC... Docket No. FD 35607, Manning Rail, Inc.--Acquisition and Operation Exemption--Manning Grain Company...

  15. Environmental protection in exploration and production by AGIP

    International Nuclear Information System (INIS)

    Dossena, G.; Di Luise, G.; Ceffa, L.

    1991-01-01

    This paper provides a panorama of environmental protection activities being undertaken by AGIP (Italian General Petroleum Company). The Company has developed a wide-ranging program based on 20 years experience in world-wide on- and off-shore exploration and production. The research studies on technologically innovative on-site waste management, noise abatement and subsidence control and monitoring techniques are co-operative efforts involving the joint participation of national research institutions, universities and leading international petroleum companies. Given the intense oil carrier traffic along Italy's tourism dependent coastlines, one of the key projects is the creation of a national emergency plan to deal with oil spills. AGIP is also actively involved in the training of national and foreign site personnel in environmental protection techniques

  16. MERGER ACCOUTING FOR COMPANIES

    Directory of Open Access Journals (Sweden)

    SUCIU GHEORGHE

    2014-05-01

    Full Text Available Companies, especially nowadays, are characterized through great mobility, fast circulation of capital, occurring in their chase for profit. In this context, companies look for alliances, economical and political assistance. These objectives can materialize through merging of companies. The merger can be internal (between Romanian companies or transboundary, which includes foreign companies. In order to correctly reflect these events, the merger operations must be regulated and must respect national and international regulations. One important request concerning the merger operations is that the accounting values of the assets, debts and ownership equity must be brought to the present financial value.

  17. Countries and companies

    International Nuclear Information System (INIS)

    Jenning, J.S.

    1990-01-01

    The trends and factors currently emerging are likely to have significant influence on the way the upstream oil and gas industry evolves in the coming decade. This paper discusses how these trends might influence events in the 1990s, particularly how they might influence relationships between host countries and companies in the oil industry. State owned companies will dominate the industry in resource terms. These statcos fall into three groups: a small group of technically able, financially sound, well-managed companies; a group of consumer statcos that have limited domestic production but significant domestic demand; a large group that are finding it difficult to maintain their production facilities in good standing to maximize recovery from their resources. This paper describes the future private sector as consisting of the Surviving Sisters and smaller, private companies very active in the upstream. How will these various players behave in the years to come? Conventional activity in the upstream will continue as companies seek to optimize their upstream portfolios

  18. Global oil company profiles

    International Nuclear Information System (INIS)

    1997-01-01

    Global Oil Company Profiles provides a comprehensive review of 50 of the top oil companies in the world. Each chapter is devoted to an individual company, providing an invaluable insight into the organisation, its structure and operations. Using the most recent data available, the report offers an up-to-date analysis of performance and future direction, as well as a unique benchmarking system for each company profiled. (author)

  19. Ethics in the business of petroleum exploration

    International Nuclear Information System (INIS)

    Spoelhof, P.R.

    1992-01-01

    This paper is intended to emphasize the importance of high standards of conduct to individuals and companies in the business of petroleum exploration. The questions to be addressed include: What are ethics and how do they relate to professionalism? What are the bases for ethical behavior?; and What are some typical ethical issues in the exploration business? Ethics comprise a set of standards that control and measure relationships between individuals and companies in social and business interactions. These standards apply to questions of whether folks have done the moral right by the other person, whatever the nature of their interaction might be. The means of granting rights to others are included in the mores of society. These are the unwritten, yet valid, rules that dictate, for example, how bargaining is conducted between buyer and seller or how properly to greet people of different social stature. Mores constitute the protocol and etiquette of personal and business interaction

  20. CORPORATE GOVERNANCE IN DEVELOPING ECONOMIES: CASE STUDY OF A ROMANIAN TEXTILE COMPANY

    Directory of Open Access Journals (Sweden)

    POP Zenovia Cristiana

    2015-05-01

    Full Text Available This article explores corporate governance issues like ownership structure, gender diversity accountability, risk management and internal audit at managerial level of a textile company listed on the Bucharest stock exchange. For this reason, secondary data was used as information collection tool. Results of the study underline the conclusion that, corporate governance is being implemented in companies belonging to the textile industry of Romania although correlated with some weaknesses. Analyzed documents confirm that the chosen textile company is trying to implement various accepted corporate governance policies, to stay competitive. The manufacturing processes were constantly improved involving a variety of techniques, with the purpose for diminishing environmental negative impact by eliminating waste. The board of directors as well as the top-management has a good understanding of the responsibilities for each member in order to ensure good corporate governance. The lack of a trade union could be the causative factor of wage inequality and loss of a stronger worker voice. Although the result of external constraints, we identified a process for constant enhancement of corporate governance in the company. The implementation of the code of corporate governance contributed to improvement in performance especially share value. Future research directions aimed extending the sample by selecting several other companies from different industries, for comparison.

  1. SAFER - Company Snapshot

    Data.gov (United States)

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

  2. SOCIAL RESPONSIBILITY SCORE: COMPARATIVE STUDY BETWEEN PUBLIC And PRIVATE COMPANIES, BASED In ibase SOCIAL stamp

    Directory of Open Access Journals (Sweden)

    Alexandre Reis

    2008-01-01

    Full Text Available The present article intends to arguing the existing differences and similarities between Social Responsibility actions and praticals developed by the private and public companies. This comparative study of exploring character was carried with the companies owners of Social Stamp IBASE, wich published its Social Balances in the model considered for the institute in the year of 2004. For such, beyond the documentary research involving the published balances, a conceptual revision over the main subjects was necessary and also it constitutes part of the study. The joined results supply measurable and representative information about the main characteristics of social action of the companies, propitiating a comparative analysis and the emission of critical considerations, that do not finish themselves, but establishes a possibility of different readings concerning the models of social responsible management undertaken by companies from public and private segments.

  3. [Preliminary study on main impacting factors on brand equity of listed traditional Chinese medicine companies].

    Science.gov (United States)

    Tan, Wei; Geng, Dong-Mei; Rong, Xue; Li, Zi; Liu, Wei; Yang, Li; Xu, Si-Qun; Jie, Xiao-Qian

    2013-05-01

    The brand equity is valuable intangible assets of traditional Chinese medicine companies, who are excellent representatives of traditional Chinese medicine enterprises and the most promising ones to good international medicine brands. However, there is still no systematic study on how to correctly evaluate the brand equity of listed traditional Chinese medicine companies at present. To make it clear, the main impacting factors on brand equity of listed traditional Chinese medicine companies, both structured open outline pre-research and closed questionnaire research were adopted for the field survey, and some suggestions for how to protect and enhance the brand equity were also presented on the basis of survey and analysis, in the hope of improving the brand management level of listed traditional Chinese medicine companies, and making a beneficial exploration for the development of brand theory of the traditional Chinese medicine industry.

  4. Characteristics of companies with a higher risk of financial statement fraud: Five case studies

    Directory of Open Access Journals (Sweden)

    Elda du Toit

    2015-04-01

    Full Text Available Various characteristics can be observed in the financials and the behaviour of companies engaging in accounting irregularities. This article explores the usefulness of such characteristics by analysing the financial statements of five companies accused of alleged accounting irregularities. The analysis involves quantitative and qualitative analyses for each of the companies, compared to a relevant control sample. The quantitative study consisted of financial statement analyses. The qualitative study involved an analysis of the narrative reports that form part of the published annual report. Nine of the characteristics initially identified were not reliable indicators of accounting irregularities. However, the nine remaining characteristics were positive indicators for the detection of accounting irregularities. Eight additional characteristics, not initially identified, were noted as potential indicators of accounting irregularities.

  5. Rivalry as Synergy? The Japanese Automobile Companies' Export Expansion

    OpenAIRE

    Dominique M Hanssens; Johny K Johansson

    1991-01-01

    The paper explores “rivalry” and “synergy” arguments to explain the export growth of Japanese auto manufacturers. Previous literature on competitive behavior, including Porter's [1985] discussion of “good” versus “bad” competitors, is used to develop a conceptual framework and empirical methodology to separate out alternative explanations for the Japanese success. Data on Japanese auto companies' sales in six different export markets (Europe, North America, Latin America, Asia, the Middle Eas...

  6. Load-bearing masonry system adoption and performance: A case study of construction company in a developing country

    Science.gov (United States)

    Ramli, Nor Azlinda; Abdullah, Che Sobry; Nawi, Mohd Nasrun Mohd; Bahaudin, Ahmad Yusni

    2016-08-01

    This study addresses the factors that influence the adoption of load-bearing masonry (LBM) system. A case study of the load-bearing masonry (LBM) system adoption is conducted through an interview to explore the situation of the technology adoption in a construction company. The finding indicates the factors influence the adoption of LBM system for the construction company are: organizational resources, usefulness, less maintenance, reduce construction time and cost. From the findings, these factors consistent with previous literature. Furthermore, the performance of the company was measured by looking into the financial and non-financial aspects. The LBM system brings good performance as it increased the profits of the company, a good quality of product and attracts more demand from customers. Thus, these factors should be considered for the other companies that are interested in implementing the LBM system in their projects.

  7. [Company health promotion as a possible preparatory stage of effective rehabilitation].

    Science.gov (United States)

    Köpke, K-H

    2012-01-01

    In Section 20a of Book 5 of the German Social Code (SGB V), the legislator obliged the health insurance funds to carry out company health promotion in cooperation with the accident insurance agency in charge. He thus created a foundation for more health and secure earnings or employment potential in the companies. At the same time company health promotion permits detecting threats to this potential. That helps to identify a possible need for rehabilitation at an earlier stage and to take appropriate action.To verify whether and how this instrument of preventive health policy is being used, an empirical study explored the actual application of that legal provision in small and medium-sized enterprises in particular. The law, administrative measures and company everyday evidence were set against each other under legal and de facto aspects, which showed obvious deficits in applying the law. Proposals for better company health promotion are derived from these findings. In the first place, actors in administration and self-management of the statutory health and accident insurance schemes are addressed to this end, in anticipation of enhanced implementation. A premature reduction of earning capacity could thus be counteracted. Pension insurants could retain gainful employment for a longer time, companies would have a more reliable employee basis. Social insurance carriers, notably the health and pension insurance schemes, would have to spend less in the end. A development like that would be a benefit for all--including the state. © Georg Thieme Verlag KG Stuttgart · New York.

  8. Work Organization and Professionalization in New Media Industry – The Case of a Finnish Company

    Directory of Open Access Journals (Sweden)

    Arja Haapakorpi

    2012-02-01

    Full Text Available The article explores work organization in one new media company in a turning point of the business, in the 2000s. The company had changed from a small workshop to a medium-sized company in a few years. Growth, increasing competition, and uncertainty of profitability had altered the management and work organization. An approach of governance, aimed at efficiency and economy, was systematically implemented; the working methods were standardized, strict division of labor was carried out, and the professional qualifications were mainstreamed according to the business. The professional employees appreciated the new business-like management, but discovered that their opportunities for creative work were diminished with decreasing resources and a new project management pattern.

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

    Directory of Open Access Journals (Sweden)

    Niloo Hojjati

    2017-06-01

    number of active companies or levels of production. The focus of this project is on two types of Canadian O&G companies, namely exploration and production (E&P companies and service companies. For the purposes of the WIW project, an O&G company is defined to be “Canadian” if it meets two selection criteria: (i the company must have its headquarters (or head office2 in Canada; and (ii the company must be publicly traded on a Canadian exchange.3 Companies must fulfill both selection criteria simultaneously to be considered a Canadian O&G company, and thus be included in the findings of this project. This report, the first in a series, provides an extensive account of annual data collected in the WIW project for the 2011 year of study. It begins with an overview of the international activities of Canadian E&P companies, presenting the level of activities in a regional context, as well as on a country basis. The report then continues by providing the same analysis for Canadian O&G service companies.

  10. 17 CFR 250.12 - Exemption of certain public utility companies from the definition of subsidiary companies of...

    Science.gov (United States)

    2010-04-01

    ... utility companies from the definition of subsidiary companies of holding companies. 250.12 Section 250.12... REGULATIONS, PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 Registration and General Exemptions § 250.12 Exemption of certain public utility companies from the definition of subsidiary companies of holding companies...

  11. Section 1: Company directory

    International Nuclear Information System (INIS)

    Anon.

    1991-01-01

    This is a 1992 directory of those companies doing business in all areas of the independent power producers industry. The listing includes the company name, address, telephone and FAX numbers, and the name of a company contact. The listing is international in scope

  12. Global gas company profiles

    International Nuclear Information System (INIS)

    1997-01-01

    This report provides a detailed assessment of 60 of the top gas companies form around the world, analysing them according to their internal dynamics and in relation to their competitors. It devotes each chapter to an individual company, providing invaluable insight into the organisation's operational background, financial performance and strategic goals. Using the most up-to-date information available, Global Gas Company Profiles allows you to make detailed analysis of each company's performance and future direction. (author)

  13. Are Entrepreneur-Led Companies Better? Evidence from Publicly Traded U.S. Companies: 1998-2010

    Directory of Open Access Journals (Sweden)

    Joel M. Shulman

    2010-12-01

    Full Text Available Do U.S. publicly-traded companies led by entrepreneurs perform better than nonentrepreneur-led U.S. public companies? Our data suggests they do. We analyze monthly stock returns of U.S. publicly traded companies over the time period 1998-2010 and find compelling evidence demonstrating that irrespective of market capitalization and time period, companies led by U.S. entrepreneurs provide better stock performance than several stock market indices primarily comprised of non-entrepreneur-led U.S. companies.

  14. Effects of Company Visits on Dutch Primary School Children's Attitudes toward Technical Professions

    Science.gov (United States)

    Post, Tim; Walma van der Molen, Juliette H.

    2014-01-01

    Technology-oriented company visits could potentially provide children with a stimulating "real-world" setting to develop more broad and positive images of and attitudes toward technology and technical professions. The present study was the first to explore whether children's images of and attitudes toward technology, technical…

  15. Born global companies: A case study about the internationalization behaviours of Portuguese companies

    OpenAIRE

    Carlos, Diogo Miguel Pais Grou Simões

    2015-01-01

    Portuguese Born Global Companies have been performing an important role in the Portuguese market, mainly due to their innovative ideas and the positive contribution to exportations. This study focuses on the international strategies of four of these companies, comparing them with four international Non-Born Global Companies, in qualitative analysis. It will be possible to see a preference by the Non-Born Global Companies over proximate cultural countries. By following opportunities instead...

  16. Exploring the Nature and Implementation Process of User-Centric Business Models

    DEFF Research Database (Denmark)

    Hienerth, Christoph; Keinz, Peter; Lettl, Christopher

    2011-01-01

    Recent ICT advances have allowed companies to interact with external stakeholders, especially users, in more efficient and effective ways, with the result that more and more companies are striving to take advantage of these new opportunities and harness their users’ creative potential by integrat......Recent ICT advances have allowed companies to interact with external stakeholders, especially users, in more efficient and effective ways, with the result that more and more companies are striving to take advantage of these new opportunities and harness their users’ creative potential...... by integrating them into core business processes. Successful companies like Threadless or Dell - which were designed to allow user innovation and co-creation from the outset - have clearly demonstrated the potential value of such approaches. However, introducing user-centric value creation processes...... at established companies is a complex task, requiring major adaptations to traditional manufacturer-centered business models. At present, little is known about how such companies can successfully implement user-centric business models: this article explores (1) the success factors for attracting and engaging...

  17. 75 FR 36153 - Surety Companies Acceptable on Federal Bonds-Terminations: Victore Insurance Company

    Science.gov (United States)

    2010-06-24

    ... from this company, and bonds that are continuous in nature should not be renewed. The Circular may be... DEPARTMENT OF THE TREASURY Fiscal Service Surety Companies Acceptable on Federal Bonds--Terminations: Victore Insurance Company AGENCY: Financial Management Service, Fiscal Service, Department of the...

  18. Company environmental communication

    International Nuclear Information System (INIS)

    Andriola, L.; Luciani, R.; Borghini, S.

    2001-01-01

    Environmental communication is becoming a sine qua non for companies which are more and more pressed by the need to reinforce communication with interested parties: environmental groups, local communities, local and national authorities, employees, share-holders, banks, insurance companies, customers and consumers. Reliable environmental information, just like economical and property data, is now required during both company take-over and financing, and in some cases it can affect insurance premiums. In fact, environmental guarantees are more and more often required because breaching environmental regulations can entail legal sanctions going as far as suspension of business. There now also Green investment funds that engage their resources only against specific environmental guarantees on the part of the companies that, before being selected for the investment, are submitted to rather accurate questionnaires by the investment manager [it

  19. Hyperlink Analysis of E-commerce Websites for Business Intelligence: Exploring Websites of Top Retail Companies of Asia Pacific and USA

    OpenAIRE

    Kannan, Rathimala; Govindan, Marthandan

    2011-01-01

    Hyperlinks, which connect web pages on the World Wide Web, are rich sources of hidden information. E- Commerce Websites, which are created for different purposes from online sales to company promotion, would benefit if they receive more links from other websites as this would lead to increase the traffic to these websites. This paper analyses the structure of e-commerce websites using webometric approach to uncover any hidden information from the hyperlinks. The top 50 retail companies' e-com...

  20. European Energy Companies. An Industry in Search of its Future

    International Nuclear Information System (INIS)

    2003-01-01

    In summer 2002 The Algemene Energieraad (General Energy Council) of The Netherlands has commissioned a research study to investigate the strategic behaviour of major European energy companies and the major governmental institutions in charge of regulating them. In total 18 electricity and gas companies and 9 governmental public institutions were analyzed. The aim of this research was to explore how the microeconomic view of analysing company and government strategy can contribute to understanding the likely future path of the energy industry, and what follows from that for the regulatory agenda and company strategy development. The is structured in seven chapters. The first chapter will first outline what the challenges for the European energy industry are. Most of the challenges result in the need for high investments and considerable changes in operating systems and business models. Against these challenges, the second chapter outlines what the expectations are of the industry. The public goods to be delivered by the industry is in the main to deliver high quality products at low prices and minimized environmental impact, in order to promote the conditions for economic growth of the European economy. Chapter 3 then describes the typical behaviour of the energy companies, being mostly engaged in a strategic conduct that is autonomy-oriented, short term and emergent planning with an international focus. Chapter 4 explains how the challenges and expectations could be better met with a strategic behaviour of companies that are network-oriented, long term deliberate planners and with a local focus. Chapter 5 explains that the observed strategic behaviour leads to an industrial structure that is geared towards maintaining static competition and avoiding innovation. Chapter 6 shows, how the current regulatory regime of the industry may reinforce this static competition even further. Chapter 7 finally concludes with alternative course of actions how the regulatory

  1. The Relationship of Leadership Styles and Organizational Culture Case Study of an Oil and Gas Company in Indonesia

    OpenAIRE

    Darwis, Tommy K; Djajadiningrat, Surna Tjahja

    2010-01-01

    This study explores relationship between leadership styles and organizational culture in an oil and Gas Company in Indonesia. The respondents are employees of an oil and Gas Company in Indonesia. This study use Multifactor leadership questionnaires to define leadership styles and Denison's Organizational Culture Model to measure Organizational Culture. These questionnaires were used to measure leadership styles of immediate or direct supervisor and organizational culture ...

  2. RELATIONSHIP COMMITMENT, RELATIONAL EQUITY AND COMPANY IMAGE IN CUSTOMER LOYALTY DEVELOPMENT

    OpenAIRE

    DLAČIĆ, JASMINA; ŽABKAR, VESNA

    2012-01-01

    This paper explores the relationship between customer loyalty and its seldom researched antecedents: relationship commitment, relational equity and company image. The proposed conceptual model is tested with data gained from customers of mobile telephone operators. The results show that relationship commitment and relational equity have a statistically significant positive influence on customer loyalty. In addition, the results of hierarchical multiple regr...

  3. International company restructuring and the effects on high-skilled employees in lead companies

    DEFF Research Database (Denmark)

    Hansen, Nana Wesley

    2016-01-01

    insulated from international restructuring processes. However, effects on wage and working conditions vary dependent on the motivation for restructuring, and as companies learn to take advantage of pools of skilled employees abroad. Continued international restructuring appear to challenge the insulation......International company restructuring involving knowledge intensive jobs causes increasing concern about the effect on the globalization of high-skilled employees. Drawing on case studies in four Danish-based companies, this article argues that high-skilled employees in lead companies are rarely...... of high-skilled workers over time. Further, the article shows that knowledge intensive Companies increasingly apply relational global value chain governance with multidirectional consequences for wage and working conditions among the high-skilled employees....

  4. 76 FR 30397 - Faribault Woolen Mill Company, Faribault, MN; Faribo Woolens, Inc., a Related Company of...

    Science.gov (United States)

    2011-05-25

    ... Woolen Mill Company, Faribault, MN; Faribo Woolens, Inc., a Related Company of Faribault Woolen Mill... December 9, 2009, applicable to workers of Faribault Woolen Mill Company, Faribault, Minnesota. The notice... Mill Company, a retail outlet store for the subject firm, Faribault Woolen Mill Company. Accordingly...

  5. RISK REDUCTION WITH A FUZZY EXPERT EXPLORATION TOOL

    Energy Technology Data Exchange (ETDEWEB)

    Robert S. Balch; Ron Broadhead

    2005-03-01

    Incomplete or sparse data such as geologic or formation characteristics introduce a high level of risk for oil exploration and development projects. ''Expert'' systems developed and used in several disciplines and industries have demonstrated beneficial results when working with sparse data. State-of-the-art expert exploration tools, relying on a database, and computer maps generated by neural networks and user inputs, have been developed through the use of ''fuzzy'' logic, a mathematical treatment of imprecise or non-explicit parameters and values. Oil prospecting risk has been reduced with the use of these properly verified and validated ''Fuzzy Expert Exploration (FEE) Tools.'' Through the course of this project, FEE Tools and supporting software were developed for two producing formations in southeast New Mexico. Tools of this type can be beneficial in many regions of the U.S. by enabling risk reduction in oil and gas prospecting as well as decreased prospecting and development costs. In today's oil industry environment, many smaller exploration companies lack the resources of a pool of expert exploration personnel. Downsizing, volatile oil prices, and scarcity of domestic exploration funds have also affected larger companies, and will, with time, affect the end users of oil industry products in the U.S. as reserves are depleted. The FEE Tools benefit a diverse group in the U.S., allowing a more efficient use of scarce funds, and potentially reducing dependence on foreign oil and providing lower product prices for consumers.

  6. Company Vision and Organizational Learning

    Directory of Open Access Journals (Sweden)

    Vojko Toman

    2015-11-01

    Full Text Available The effectiveness of a company is largely dependent on the company itself; it depends above all on its corporate governance, management, and implementation, as well as on decision-making processes and coordination. Many authors believe that organizational learning and knowledge are the most relevant aspects of company effectiveness. If a company wants to be effective it needs to create and realize its vision; to do this, it needs creativity, imagination, and knowledge, which can be obtained or enhanced through learning. This paper defines vision, learning, creativity and management and, above all, their relationships. The author argues that company vision influences the learning and knowledge of employees in the company through the vision’s content, through the vision-creating process, and through the vision enforcement process. Conversely, the influence of learning on company vision is explained. The paper is aimed at the use in the practice of companies and helps them to increase their effectiveness.

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

    Science.gov (United States)

    Anosike, Charles Afam

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

  8. Going public and initial public offering: An exploratory study of motives from Serbian companies

    Directory of Open Access Journals (Sweden)

    Marinković Srđan

    2012-06-01

    Full Text Available The paper explores motives for and against going public, from the insider point of view. We employed tailor-made structured questionnaire framework to analyze advantages and disadvantages as perceived by CEO/controlling owners. Responses point out that most companies' insiders sees going public as being potentially beneficial strategy in terms of financial restructuring, efficiently combining its business to strategic alliances, possibility to divest, visibility and image of the company. The overall positive impression is offset with some disadvantages: costs and risks imposed to those who going public. Moreover, the sample is stratified in order to gain insights into how four companies' features influence the relative importance of the motives pro et contra going public. Finally, correlation matrix is employed to assess how logically robust are the responses.

  9. Oil Companies Climb Global List

    Institute of Scientific and Technical Information of China (English)

    JESSY ZHANG

    2006-01-01

    @@ Backed by the huge market size,China's energy companies have been ranked in the group of the world's largest industry players. On September 6th,eight companies from the Chinese mainland and six companies from Hong Kong SAR were included in this year's Platts Top 250 Energy Companies List.

  10. Exploration, Exploitation, and Organizational Coordination Mechanisms

    Directory of Open Access Journals (Sweden)

    Silvio Popadiuk

    2016-03-01

    Full Text Available This paper presents an empirical relationship among exploration, exploitation, and organizational coordination mechanisms, classified as the centralization of decision-making, formalization, and connectedness. In order to analyze the findings of this survey, we used two techniques: Principal Component Analysis (PCA and Partial Least Squares Path Modeling (PLS-PM. Our analysis was supported by 249 answers from managers of companies located in Brazil (convenience sampling. Contrary to expectations, centralization and exploitation were negatively associated. Our data supports the research hypothesis that formalization is positively associated with exploitation. Although the relationship between formalization and exploration were significant, the result is contrary to the research hypothesis that we made. The relationships among connectedness and exploitation, and connectedness and exploration were both positive and significant. This relationship means that the more connectedness increases, the higher the likelihood of exploitation and exploration.

  11. 78 FR 15053 - Simpson Lumber Company, LLC, Shelton, Washington; Simpson Lumber Company, LLC, Tacoma, Washington...

    Science.gov (United States)

    2013-03-08

    ...,372B] Simpson Lumber Company, LLC, Shelton, Washington; Simpson Lumber Company, LLC, Tacoma, Washington; Simpson Lumber Company, LLC, Longview, Washington; Notice of Revised Determination on Reconsideration On... Reconsideration for the workers and former workers of Simpson Lumber Company, LLC, Shelton, Washington (TA-W-81...

  12. Unequal representation of women and men in energy company boards and management groups. Are there implications for mitigation?

    Energy Technology Data Exchange (ETDEWEB)

    Carlsson-Kanyama, A. [Swedish Defence Research Institute, Stockholm (Sweden); Ripa Julia, Isabel [Consultoria Ambiental, Logrono (Spain); Roehr, Ulrike [LIFE e.V, Berlin (Germany)

    2010-08-15

    This survey shows that female representation in boards and management groups of large energy companies in Germany, Spain and Sweden is far from being gender-equal. Of the 464 companies surveyed, 295 (64%) had no women at all in boards or management groups and only 5% could be considered gender-equal by having 40% or more women in such positions. Interviews with energy companies confirmed current trends that gender equality efforts within decision-making in business are weak or non-existent. The findings are discussed against the background of differences in risk perceptions among women and men, evidence of women's impact on boards and companies' performance and the substantial risks related to unabated climate change. Research is suggested for exploring potential impacts on energy companies' performance with more women in the boards when it comes to mitigation activities. (author)

  13. Unequal representation of women and men in energy company boards and management groups: Are there implications for mitigation?

    Energy Technology Data Exchange (ETDEWEB)

    Carlsson-Kanyama, A., E-mail: carlsson@foi.s [Swedish Defence Research Institute, Stockholm (Sweden); Ripa Julia, Isabel [Consultoria Ambiental, Logrono (Spain); Roehr, Ulrike [LIFE e.V, Berlin (Germany)

    2010-08-15

    This survey shows that female representation in boards and management groups of large energy companies in Germany, Spain and Sweden is far from being gender-equal. Of the 464 companies surveyed, 295 (64%) had no women at all in boards or management groups and only 5% could be considered gender-equal by having 40% or more women in such positions. Interviews with energy companies confirmed current trends that gender equality efforts within decision-making in business are weak or non-existent. The findings are discussed against the background of differences in risk perceptions among women and men, evidence of women's impact on boards and companies' performance and the substantial risks related to unabated climate change. Research is suggested for exploring potential impacts on energy companies' performance with more women in the boards when it comes to mitigation activities.

  14. Unequal representation of women and men in energy company boards and management groups: Are there implications for mitigation?

    International Nuclear Information System (INIS)

    Carlsson-Kanyama, A.; Ripa Julia, Isabel; Roehr, Ulrike

    2010-01-01

    This survey shows that female representation in boards and management groups of large energy companies in Germany, Spain and Sweden is far from being gender-equal. Of the 464 companies surveyed, 295 (64%) had no women at all in boards or management groups and only 5% could be considered gender-equal by having 40% or more women in such positions. Interviews with energy companies confirmed current trends that gender equality efforts within decision-making in business are weak or non-existent. The findings are discussed against the background of differences in risk perceptions among women and men, evidence of women's impact on boards and companies' performance and the substantial risks related to unabated climate change. Research is suggested for exploring potential impacts on energy companies' performance with more women in the boards when it comes to mitigation activities.

  15. 77 FR 2019 - Security Zone; Passenger Vessel SAFARI EXPLORER Arrival/Departure, Kaunakakai Harbor, Molokai, HI

    Science.gov (United States)

    2012-01-13

    ...-AA87 Security Zone; Passenger Vessel SAFARI EXPLORER Arrival/ Departure, Kaunakakai Harbor, Molokai, HI... vessel SAFARI EXPLORER to its intended berth in the harbor. Entry into the temporary security zone is... operation of the SAFARI EXPLORER into Molokai has been voluntarily suspended by the operating company...

  16. Budgeting practices: a study on Brazilian hotel companies

    Directory of Open Access Journals (Sweden)

    Paula de Souza

    2015-12-01

    Full Text Available This study aims to explore the budgeting practices in the hotel companies of Brazil’s main tourist centers. The justification is oriented by the number of foreign tourists received by the top ten Brazilian tourist destinations, which reaches 95% of the country. Another motivation is the lack of research on hotel companies in developing countries, and it should also be considered that Brazil will host the World Cup in 2014 and the Olympic Games in 2016, which requires a suitable hotel structure to receive a large number of athletes and tourists. Thus, in order to achieve the purpose of this study, surveys were sent to the hotels associated with the Brazilian Association of the Hotel Industry (ABIH, with replies by 40 hotel companies. Descriptive statistics were applied to the results, in order to improve the basis for discussions. The results indicate that most of the hotels adopt corporate budgeting with bottom-up as main budgeting process. Research shows that budgets are developed, more frequently, using the results from previous years and economic indicators. In the performance evaluation, the comparative analysis, the analysis of the causes of deviations and adequacy measures are often applied. The analysis of variance is primarily directed at controlling costs/expenses, identifying potential problems and providing feedback for the next period.

  17. Overseas uranium exploration by PNC

    International Nuclear Information System (INIS)

    Nagashima, Reiji; Iida, Yoshimasa; Shigeta, Naotaka; Takahashi, Osamu; Yamagishi, Akiko; Miyada, Hatsuho; Kobayashi, Takao

    1998-01-01

    Japan entirely depends on overseas countries for uranium resources for its nuclear electric power generation due to the lack of domestic resources. In order to secure a steady supply of natural uranium, Japanese government has implemented a long-term procurement policy through purchase contracts by private sectors, subsidizing private sectors' exploration and initial stage exploration outside the reach of private sectors' activity by PNC (Power Reactor and Nuclear Fuel Development Corporation). The subsequent long slump in the price of uranium, however, led most of Japanese private sectors to discontinue their exploration activity. Upon this situation, PNC has pursued a little more advanced stage exploration in addition to basic research and initial stage exploration and has improved its exploration techniques to enable the discovery of deep-seated uranium ore deposits. As the result, PNC has acquired significant uranium exploration tenements and interests similar to those owned by major uranium companies such as Cameco and Cogema. PNC has also contributed to discovery of new uranium deposits. In this report, the history of PNC's activities and its role in the long-term uranium procurement policy are reviewed and it is also described about the outcome thorough its activities and future exploration trend and the tasks. (author)

  18. Study on Municipal Energy Companies

    International Nuclear Information System (INIS)

    2009-07-01

    This is a summarizing overview of the local, renewable energy initiatives that are grouped under the heading of 'municipal energy company'. A municipal energy company (or sustainable energy company) is a local energy company that initiates, coordinates and/or manages sustainable energy projects with the primary objective of realizing the climate objectives. [nl

  19. Shelf Projects: The Political Life of Exploration Geology in Senegal

    Directory of Open Access Journals (Sweden)

    Robyn d'Avignon

    2018-03-01

    Full Text Available Since the early 2000s, southeastern Senegal has emerged as a premier gold exploration and mining frontier. At present, the Sabodala gold mine, owned by the Canadian company Teranga Gold, is the only operational gold mine and mill in Senegal. But two more open-pit gold operations are scheduled to open this year, and several other companies have announced discoveries of industrial-scale deposits. By documenting the shifting ownership and exploration of the Sabodala deposit, this article draws attention to how the protracted phase of mineral research shapes the political life of mining operations in Africa and elsewhere in the global South. Geological exploration in colonial and post-colonial Senegal, as in much of Africa, has relied heavily on the expertise of indigenous miners and smelters. Mining Sabodala has thus unearthed multi-vocal and contested histories of gold discovery. Historians of science have established that field assistants and experts in Africa have produced agronomic and medical knowledge typically credited to “the West.” By extending this argument to gold exploration, the article brings African history into dialogue with an emergent anthropology of subterranean knowledge production.

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

    Directory of Open Access Journals (Sweden)

    Olszewska Barbara

    2014-06-01

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

  1. ONE PERSON COMPANY IN INDIA: A SYNOPTIC VIEW IN THE LIGHT OF THE COMPANIES ACT, 2013

    OpenAIRE

    ROY, SUHAS

    2016-01-01

    One Person Company (OPC) is a revolutionary concept that has been elaborately discussed in the Companies Act, 2013. It is one of the classifications of companies based on the number of persons. One Person Company (OPC) means a company which has only one individual as a member. Only natural-born citizens viz., small businessmen, entrepreneurs, artisans, weavers or traders among others can reap the benefits of One Person Company (OPC). Non-resident Indians cannot form an OPC. The shareholder sh...

  2. Service supply company experience

    International Nuclear Information System (INIS)

    Shouldice, S.P.

    1995-01-01

    The motivations for a small company to go international were reviewed, as well as the efforts required to identify markets compatible with what one has to offer. The variety of approaches taken to capitalize on the perceived opportunities were summarized. Motives for going international include minimization of risk by market diversification, revenue growth, and improved profitability where there is a run-up in demand. Getting started usually includes the following six steps: (1) selecting a target market, (2) interpreting market needs, (3) understanding local decision making, (4) deciding on a proposal, (5) seeking project financing, and (6) overcoming hurdles. Setting up shop also implies seeking market commitment, finding suitable long-term accommodation, finding suitable local workers, and exploring local sourcing for materials and equipment. Having a competitive advantage is essential to penetrating international markets. A cost advantage is the most valuable. Patience, persistence and perseverance were also identified as essential virtues

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

    OpenAIRE

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

    2015-01-01

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

  4. The impact of dredging on residence time in the Amba estuary, west coast of India

    Digital Repository Service at National Institute of Oceanography (India)

    Velamala, S.N.; Thomas, J.; Bari, S.; Kachave, S.

    for the Musa estuary (Persian Gulf), Payandeh, Zaker and Niksokhan (2014) showed that the persistency of currents was a useful indicator for identifying areas of pollutant load accumulation. The RTs have also been studied by several authors (e.g. Luff....W.A Naqvi, Director, National Institute of Oceanography, India, for their constant encouragement and support during the work. Authors would also like to express their gratitude to Lisa V. Lucas, Geological Survey, US for her comments on this manuscript...

  5. 75 FR 6791 - Surety Companies Acceptable on Federal Bonds-Termination: Trinity Universal Insurance Company

    Science.gov (United States)

    2010-02-10

    .... However, no new bonds should be accepted from this company, and bonds that are continuous in nature should... DEPARTMENT OF THE TREASURY Fiscal Service Surety Companies Acceptable on Federal Bonds--Termination: Trinity Universal Insurance Company AGENCY: Financial Management Service, Fiscal Service...

  6. 77 FR 29472 - Surety Companies Acceptable on Federal Bonds-Termination: Atlantic Bonding Company, Inc.

    Science.gov (United States)

    2012-05-17

    ... be accepted from this company, and bonds that are continuous in nature should not be renewed. The... DEPARTMENT OF THE TREASURY Fiscal Service Surety Companies Acceptable on Federal Bonds--Termination: Atlantic Bonding Company, Inc. AGENCY: Financial Management Service, Fiscal Service, Department...

  7. 75 FR 33897 - Surety Companies Acceptable on Federal Bonds-Terminations: Commercial Alliance Insurance Company

    Science.gov (United States)

    2010-06-15

    ... be accepted from this company, and bonds that are continuous in nature should not be renewed. The... DEPARTMENT OF THE TREASURY Fiscal Service Surety Companies Acceptable on Federal Bonds--Terminations: Commercial Alliance Insurance Company AGENCY: Financial Management Service, Fiscal Service...

  8. Principled pragmatism : VOC Interaction with Makassar 1637-68, and the nature of company diplomacy

    NARCIS (Netherlands)

    Feddersen, C.F.

    2016-01-01

    The thesis explores the nature of VOC diplomacy using the seventeenth century interaction between the Company and the sultanate of Makassar on the western coast of South Sulawesi as its case. I analyse the Directors’ reflections on diplomacy in the general and approach towards Makassar in particular

  9. Geographical proximity on the valuations of unlisted agrarian companies: Does distance from company to company and to strategic points matter?

    Energy Technology Data Exchange (ETDEWEB)

    Occhino, P.; Maté, M.

    2017-07-01

    This paper is a first attempt to examine the role played by the geography on agrarian firms’ valuations. The geography was evaluated through the physical proximity from agrarian companies to other companies and to some strategic points which ease their accessibility to external economic agents. To get our purpose, we developed an empirical application on a sample of non-listed agrarian Spanish companies located in the region of Murcia over the period 2010-2015. We applied Discount Cash Flow methodology for non-listed companies to get their valuations. With this information, we used spatial econometric techniques to analyse the spatial distribution of agrarian firms’ valuations and model the behavior of this variable. Our results supported the assertion that agrarian firms’ valuations are conditioned by the geography. We found that firms with similar valuations tend to be grouped together in the territory. In addition, we found significant effects on agrarian firms valuations derived from the geographical proximity among closer agrarian companies and from them to external agents and transport facilities.

  10. Geographical proximity on the valuations of unlisted agrarian companies: Does distance from company to company and to strategic points matter?

    International Nuclear Information System (INIS)

    Occhino, P.; Maté, M.

    2017-01-01

    This paper is a first attempt to examine the role played by the geography on agrarian firms’ valuations. The geography was evaluated through the physical proximity from agrarian companies to other companies and to some strategic points which ease their accessibility to external economic agents. To get our purpose, we developed an empirical application on a sample of non-listed agrarian Spanish companies located in the region of Murcia over the period 2010-2015. We applied Discount Cash Flow methodology for non-listed companies to get their valuations. With this information, we used spatial econometric techniques to analyse the spatial distribution of agrarian firms’ valuations and model the behavior of this variable. Our results supported the assertion that agrarian firms’ valuations are conditioned by the geography. We found that firms with similar valuations tend to be grouped together in the territory. In addition, we found significant effects on agrarian firms valuations derived from the geographical proximity among closer agrarian companies and from them to external agents and transport facilities.

  11. 75 FR 38188 - Surety Companies Acceptable on Federal Bonds-Termination: Stonebridge Casualty Insurance Company

    Science.gov (United States)

    2010-07-01

    ... should be accepted from this company, and bonds that are continuous in nature should not be renewed. The... DEPARTMENT OF THE TREASURY Fiscal Service [NAIC 10952] Surety Companies Acceptable on Federal Bonds--Termination: Stonebridge Casualty Insurance Company AGENCY: Financial Management Service, Fiscal...

  12. 75 FR 81331 - Surety Companies Acceptable on Federal Bonds: Termination-Penn Millers Insurance Company

    Science.gov (United States)

    2010-12-27

    ... should be accepted from this company, and bonds that are continuous in nature should not be renewed. The... DEPARTMENT OF THE TREASURY Fiscal Service Surety Companies Acceptable on Federal Bonds: Termination--Penn Millers Insurance Company AGENCY: Financial Management Service, Fiscal Service, Department...

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

    NARCIS (Netherlands)

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

    2016-01-01

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

  14. A comparison of workplace safety perceptions among financial decision-makers of medium- vs. large-size companies.

    Science.gov (United States)

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

    2011-01-01

    This study, through a random national survey in the U.S., explored how corporate financial decision-makers perceive important workplace safety issues as a function of the size of the company for which they worked (medium- vs. large-size companies). Telephone surveys were conducted with 404 U.S. corporate financial decision-makers: 203 from medium-size companies and 201 from large companies. Results showed that the patterns of responding for participants from medium- and large-size companies were somewhat similar. The top-rated safety priorities in resource allocation reported by participants from both groups were overexertion, repetitive motion, and bodily reaction. They believed that there were direct and indirect costs associated with workplace injuries and for every dollar spent improving workplace safety, more than four dollars would be returned. They perceived the top benefits of an effective safety program to be predominately financial in nature - increased productivity and reduced costs - and the safety modification participants mentioned most often was to have more/better safety-focused training. However, more participants from large- than medium-size companies reported that "falling on the same level" was the major cause of workers' compensation loss, which is in line with industry loss data. Participants from large companies were more likely to see their safety programs as better than those of other companies in their industries, and those of medium-size companies were more likely to mention that there were no improvements needed for their companies. Copyright © 2009 Elsevier Ltd. All rights reserved.

  15. A Transmission Company at the Cross-Roads

    Energy Technology Data Exchange (ETDEWEB)

    Heinrich, Christian [Thyssengas GmbH, (Germany)

    1998-12-31

    This presentation discusses the role of the gas transmission companies. Gas pipelines are usually tailor-made for a specified gas flow and a specified point of delivery and cannot be used cost-effectively for other purposes. This means that producer and importer are much closer linked than for any other energy and both have a strong common interest in meeting their long-term obligations. The risks connected with the investments in the infrastructure are shared among the partners in the supply chain. In Germany, gas has always had to compete with oil, electricity or coal. Gas has been able to replace oil to a great extent since, being an integrated package of commodity and services, it has offered far more than just gas molecules. The traditional sharing of roles between exploration/production on the one hand and import/distribution/market development on the other hand has proved its worth in the past decades although it has taken different forms in different countries. The liberalization laws of the EU are influencing the current buyer`s market. As a result, the transmission companies are at a crossroads. They must face the question whether they are the most efficient and cost-effective providers of the services required in the value-added chain. In addition to gas delivery, they must also offer a variety of new services in line with the customer`s needs and at a competitive price. The transmission companies will be the right partners for both producers and end consumers

  16. 76 FR 77442 - Mutual Insurance Holding Company Treated as Insurance Company

    Science.gov (United States)

    2011-12-13

    ... insurance industry traces its roots back to England, where, in 1696, the first mutual fire insurer was... FEDERAL DEPOSIT INSURANCE CORPORATION 12 CFR Part 380 RIN 3064-AD89 Mutual Insurance Holding Company Treated as Insurance Company AGENCY: Federal Deposit Insurance Corporation (FDIC). ACTION: Notice...

  17. The European Model Company Act

    DEFF Research Database (Denmark)

    Cleff, Evelyne Beatrix

    2011-01-01

    European Company Law regulation is currently undergoing a reform. These reforms raise a number of regulatory questions, such as what should be the aims of companies' legislation, and how these aims should best be met by regulation. Many of the reforms and discussions (both on EU and national level...... an increasing influence on the framing of company legislation, such as the choice between mandatory or default rules. This article introduces the project 'European Company Law and the choice of Regulatory Method' which is carried out in collaboration with the 'European Model Company Act Group'. The project aims...

  18. ENVIRONMENTAL PRACTICE DISCOURSE AND ISOMORPHISM IN HIGH ENVIRONMENTAL IMPACT COMPANIES LISTED ON BM&FBOVESPA

    Directory of Open Access Journals (Sweden)

    Benedito Manoel do Nascimento Costa

    2016-08-01

    Full Text Available Organizations are submitted to social pressure towards making decisions for the sake of more environmental responsibility. These organizations respond by adopting managing strategies, and by developing environmental policies whose results must be demonstrated to stakeholders. In this scenario, this study aims at analyzing the characteristics of environmental information presented in management reports, in explanatory notes and in balance sheets produced by companies with a high environmental impact listed on BM&FBovespa, identifying possible isomorphic behaviors. In order to reach that goal, a qualitative research was conducted with an analysis of management reports, balance sheets and explanatory notes for the years 2011, 2012 and 2013 by 44 companies. Results provide evidence that companies present similar behavior concerning environmental issues. The management reports contain the largest amount of information related to the environment, the most highlighted categories were Environmental Policies, Product Impact, Processes and Other environmental information. Besides that, the segments that disclosed the most environmental information were Paper and Cellulose, Metalworking, Exploration and Refinement whereas the largest companies, evaluated by total assets, disclosed more environmental information.

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

    Directory of Open Access Journals (Sweden)

    Bao Jiang

    2015-06-01

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

  20. The Bat'a Company in Zlín: A Shoe Company or a School Company?

    Science.gov (United States)

    Kasper, Tomáš; Kasperová, Dana

    2018-01-01

    The first part of the study focuses on the characteristics and analysis of Zlín as an example of a company town. Life in the company town is characterised as a means of forming 'a new man' in Bat'a's Zlín. The second section analyses the aims of worker education in Bat'a's Zlín (in the so-called Bat'a school of work) and highlights the methods and…

  1. Advertising to the End Consumers by Pharmaceutical Companies: Blessing or Curse?

    Directory of Open Access Journals (Sweden)

    Scott Goldberg

    2013-10-01

    Full Text Available The last several years have seen an increase inthe number of direct to consumer advertisements by pharmaceutical companies.Direct to Consumer advertisements (DTC means targeting the end consumerthrough advertisements on television, radio, in newspapers, magazines, and theInternet. The qualitative study presents data and supports  the need for a future quantitative study toask physicians and consumers their opinions on whether pharmaceutical companiesshould be allowed to advertise directly to the end consumer. This article reviewsthe literature on this controversial topic, supporting the need to explore thereserach questions in greater detail. A review of the literature suggests thereis financial motivation on the part of the pharmaceutical companies to increasetheir sales by advertsing directly to the end consumer as opposed to performingan educational service to the consumer.

  2. 76 FR 58263 - Kenai Pipe Line Company; Tesoro Alaska Company; Tesoro Logistics Operations, LLC; Notice of...

    Science.gov (United States)

    2011-09-20

    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. OR11-21-000] Kenai Pipe Line Company; Tesoro Alaska Company; Tesoro Logistics Operations, LLC; Notice of Request for Jurisdictional..., 2011, Kenai Pipe Line Company (KPL), Tesoro Alaska Company (Tesoro Alaska), and Tesoro Logistics, LLC...

  3. 78 FR 38309 - Northern Natural Gas Company; Southern Natural Gas Company, L.L.C.; Florida Gas Transmission...

    Science.gov (United States)

    2013-06-26

    ... Natural Gas Company; Southern Natural Gas Company, L.L.C.; Florida Gas Transmission Company, LLC; Notice of Application Take notice that on June 4, 2013, Northern Natural Gas Company (Northern), 1111 South 103rd Street, Omaha, Nebraska 68124; on behalf of itself, Southern Natural Gas Company, L.L.C., and...

  4. Organizational architecture of multinational companies

    OpenAIRE

    Sikorová, Lenka

    2009-01-01

    The main goal of the bachelor thesis Organizational Architecture of Multinational Companies is to elaborate the overview of organizational structures that are used by modern global companies. The thesis contains an analysis of such companies development, principles of functioning, pros and cons and the opportunities which these brings. It also contains a description of the basic concepts associated with organizational architecture such as globalization, multinational companies and organizatio...

  5. Four state companies are markedly different

    International Nuclear Information System (INIS)

    Aalund, L.R.

    1995-01-01

    The Journal continues its profiles of state owned oil companies with a return to the Persian Gulf, South America, and a first time look at the state oil company of Romania, one of Eastern Europe's most active and oldest producers. The government of Kazakhstan's activities are also covered in this report. These profiles detail the organization of the companies, with emphasis on upstream and downstream operations. Support functions, though essential to a company, are not covered in detail. Company projects and capabilities are only described in this report when necessary to put the company in perspective. Following are the profiles of state companies for Bahrain, Kuwait, Romania, and Venezuela

  6. Public Shareholdership Energy Companies

    International Nuclear Information System (INIS)

    Kist, A.W.; Crone, F.J.M.; Hudig, D.F.; Ketting, N.G.; De Swaan, T.; Willems, R.

    2008-06-01

    National and international developments on the energy markets and changes in legislation and regulation require a renewed strategic orientation of energy companies and their shareholders. Decentralized authorities will have to reconsider their position as a shareholder in energy companies carefully. This report provides an overview of the recommendations of the Kist Commission on how provinces and municipalities can make a well-considered choice as shareholder of energy companies. [mk] [nl

  7. The role of tourism and hospitality companies in ensuring an effective internship process

    Directory of Open Access Journals (Sweden)

    Agita Doniņa

    2015-09-01

    Full Text Available Tourism and hospitality education has only been provided in Latvia as a separate curriculum relatively recently. According to legislation, the curriculum should consist of study courses, internships and the state exam. Cooperation between all stakeholders is crucial in order to achieve the goal of internship – to increase students’ knowledge and to develop skills in the study area chosen. The purpose of this study is to explore cooperation between higher educational establishments and companies targeted at enhancing students’ employability skills. The survey was conducted in Latvia by addressing managers of 154 tourism and hospitality industry companies in 2014. The findings showed that only 51.30% of the companies plan interns’ job assignment during internship on the basis of an internship programme and in 35.06% of the cases higher educational establishments do not contact internship companies for feedback at all. This means that, despite the importance of internships in developing students’ skills, cooperation among all stakeholders does not proceed in the best possible manner. It is suggested to improve cooperation at all stages of internship – at the planning, organisational and control stages.

  8. DETERMINANTS OF ECONOMIC EXPOSURE: AN EMPIRICAL EVIDENCE FROM THE MISCELLANEOUS COMPANIES IN INDONESIA

    Directory of Open Access Journals (Sweden)

    M. Shabri Abd. Majid

    2015-12-01

    Full Text Available This research empirically measures the economic exposure of 11 selected miscellaneous companies in Indonesia. It also attempts to empirically explore the influence of firm size, export, liquidity, and leverage on the economic exposure of those companies. Annual data from 2007 to 2010, which was collected from the www.idx.co.id and www.bi.go.id were used and analyzed by the multiple linear regression to measure the economic exposure and examine the influences of the firm size, export, liquidity, and leverage on the economic exposure. Both partial (t-test and simultaneous (F-test hypotheses were constructed and tested using the software of SPSS for Windows. The research documented that, with the exception of the liquidity, which has a negative and significant effect partially on the economic exposure, all other variables, i.e., the firm size, export, and leverage were found to have insignificant effects. Meanwhile, based on the F-test, the research found that the firm size, export, liquidity, and leverage affected simultaneously and significantly the economic exposure of the companies. These findings imply that in order to manage their economic exposure, the companies should control these variables, especially the liquidity.

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

    Science.gov (United States)

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

    2018-02-01

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

  10. 77 FR 21763 - Explorer Pipeline Company; Notice of Petition for Declaratory Order

    Science.gov (United States)

    2012-04-11

    ... pipeline extension project (Diluent Extension Project). The Diluent Extension Project involves the construction of a new pipeline segment from Peotone, Illinois to Manhattan, Illinois, where Explorer's pipeline system will interconnect with Enbridge's Southern Lights pipeline. This extension project will offer a...

  11. Innovative Strategies Development of the Company in Terms of Global Competition

    OpenAIRE

    Radu Riana Iren; Necsulescu Ecaterina

    2011-01-01

    Blue ocean strategy challenges companies to emerge in the middle of the fierce competition that is by creating undisputed market areas which result in competition to become irrelevant. Only, instead of dividing the existing market demand, blue ocean strategy refers to a growing demand and to eliminate competition. Blue Ocean opportunities have always existed and have been explored as the universe expanded business. This expansion is the foundation of economic growth.

  12. Companies and Climate Risk: Opportunities to Engage the Business Community in Promoting Climate-conscious Policies (Invited)

    Science.gov (United States)

    Goldman, G. T.; Rogerson, P.

    2013-12-01

    Regardless of their policy orientation, the business community has an interest in how climate change impacts will affect their operations and ultimately change their bottom line. The reality that climate change presents material and financial risks to many companies in diverse sectors of the economy presents an opportunity to engage companies on climate-related issues. Company investors are exposed to such financial risks and can pressure public companies to change behavior through shareholder resolutions, voting, and election of new board members. The US Securities and Exchange Commission (SEC) obligates all publicly traded companies to discuss risks that might materially affect their business in their annual Form 10-K filings. In 2010, the guidance for the Form 10-K specifically suggested that companies consider and discuss any significant risks to their business from climate change--both from its physical effects and from impacts of climate regulations. Form 10-Ks for 28 US companies were analyzed for the years 2009 and 2010. Results indicate that some companies comprehensively considered climate-related risks. However, in spite of the SEC guidance, some fail to mention climate change at all. Additionally, many companies discuss only the impacts that regulation would have on their business--not the physical effects of climate change itself. The lack of consideration of climate-related risks in companies' risk assessments demonstrates a need for a more uniform understanding of SEC requirements and additionally, this state of affairs presents an opportunity to push companies to more deeply consider climate change impacts. Several avenues are available for engaging with companies themselves, their shareholders, the SEC, and the public. We will explore what strategies have been effective for engaging such actors and what further opportunities exist for working with the business community to promote more climate-conscious policies and practices.

  13. Building a Model of Successful Collaborative Learning for Company Innovativeness

    Directory of Open Access Journals (Sweden)

    Agata Sudolska

    2014-01-01

    Full Text Available The aim of the paper is to develop a model of successful collaborative learning for company innovativeness. First of all, the paper explores the issue of inter-firm learning, focusing its attention on collaborative learning. Secondly, inter-firm learning relationships are considered. Thirdly, the ex ante conditions of collaborative learning and the intra-organizational enhancers of inter-firm learning processes are studied. Finally, a model of the critical success factors for collaborative learning is developed.

  14. Company Secretaries: Their duties and powers

    OpenAIRE

    2009-01-01

    Every company must have a company secretary. Their main role is to: carry out the directors’ instructions; help ensure that the company obeys the law and its own constitutional rules; and prepare and maintain the associated company documents.

  15. Exploration strategy for high temperature geothermal resources in the Philippines - an update

    International Nuclear Information System (INIS)

    Bayrante, L.F.; Ferrer, H.P.; Barnett, P.R.

    1992-01-01

    After nearly two decades of geoscientific-exploration at 45 geothermal areas in the Philippines, the Philippine National Oil Company-Energy Development Corporation (PNOC-EDC) has developed a multi-disciplinary approach for exploring country's geothermal resources. It suitability for crater-hosted magmatic geothermal systems is currently being evaluated in the light of new data from six recently drilled prospects. New techniques are under consideration for future exploration programmes. (auth.). 59 refs.; 5 figs

  16. Organisational change and the psychological contract at a pharmaceutical company

    Directory of Open Access Journals (Sweden)

    Kelebogile D. Magano

    2017-09-01

    Full Text Available Orientation: Over a period of 6 years, a South African pharmaceutical company had been involved in several mergers and acquisitions. These changes had proved difficult for staff and staff attrition had risen. Research purpose: The objective of the study was to explore the perceptions of senior managers about the impact of change on the psychological contract. The sub-objectives were to determine what organisational factors contribute to changes in the psychological contract during periods of change, and the implications of the breach of the psychological contract for the company and its employees. Motivation for the study: As the company was set to embark on further mergers and acquisitions, the opinions of senior managers about how such changes should be addressed are important for the company. Research design, approach and method: A case study approach was used in this qualitative study. The population comprised 60 senior managers of whom 12 were purposefully selected for inclusion in the study. A semistructured interview schedule was used to capture the views of these managers and themes were extracted by means of content analysis. Main findings: Seven themes emerged which encapsulated the perceptions of senior managers about the impact of change on the psychological contract during periods of mergers and acquisitions – lack of communication, an absence of planning, lack of employee engagement, less than optimal human resources involvement, lack of preparation of the organisational culture and poor change management processes. These factors need to be addressed to strengthen the psychological contract of employees during periods of change. Practical/managerial implications: The study highlighted areas that leaders and managers of the company should consider when embarking on mergers and acquisitions if the psychological contract of employees is not to be negatively impacted. Contribution: While caution must be exercised in the

  17. Getting to the core: establishing a business plan for a new company

    International Nuclear Information System (INIS)

    DeBoni, W.

    1998-01-01

    The challenge of establishing a distinctive strategy for a new Canadian oil and gas company was discussed. In Calgary alone, there are about 500 companies trying to establish a fundamental business plan which is distinctive and superior to their competitors. A newly established company, such as Bow Valley Energy Ltd., has the advantage of starting with a clean slate. The questions that should be considered when establishing a business plan for a new company were cited as: (1) where should the company be focused geographically? (2) should exploration or development be pursued? and (3) how can value be added to each deal? It was noted that 50 per cent of the discovered petroleum reserves are located in the Middle East and Africa. Since 70 per cent of the remaining reserves are also located in these areas, it makes sense that a prime decision factor would be to focus on those regions of the world where most of the oil is located. However, it is imperative that in reorienting efforts towards those regions issues of fiscal regime and the political stability of these areas are also addressed. It was suggested that having the ability to recognize opportunities and act quickly to capitalize on them, management and operational skills to operate marginal fields profitably, and ability to efficiently manage late-life fields to extract a maximum amount of oil at a low cost, will be the most important assets for a new company to succeed. Focusing efforts in areas with proven, low-cost reserves potential would also be important in the current oil pricing environment. 2 figs

  18. Determinants of corporate dividend policy: evidence from romanian listed companies

    Directory of Open Access Journals (Sweden)

    Cristea Ciprian

    2017-01-01

    Full Text Available Although there is a vast literature that has investigated the dividend policies of firms from developed countries, relatively little research has been published exploring the dividend policies of firms from emerging countries. The literature regarding establishing the relationship between dividend policy and the attributes of non-financial companies listed on Romanian stock market, to the best of our knowledge, remains inexistent. The aim of this study is to identify the main factors influencing dividend policy for the non-financial companies listed on the Bucharest Stock Exchange for a period of ten years from 2007 to 2016. In order to achieve this aim, panel data were collected from the listed companies’ reports and financial statements. The study reveals that dividend policy is positively related to corporate profitability and liquidity and negatively associated with leverage, size, growth, and the state of the economy.

  19. Electric Holding Company Areas

    Data.gov (United States)

    Department of Homeland Security — Holding companies are electric power utilities that have a holding company structure. This vector polygon layer represents the area served by electric power holding...

  20. 26 CFR 1.831-1 - Tax on insurance companies (other than life or mutual), mutual marine insurance companies, and...

    Science.gov (United States)

    2010-04-01

    ... mutual), mutual marine insurance companies, and mutual fire insurance companies issuing perpetual... companies (other than life or mutual), mutual marine insurance companies, and mutual fire insurance... insurance companies and mutual fire insurance companies exclusively issuing either perpetual policies, or...

  1. Strategy Assessment of Company ECOPOSTES

    OpenAIRE

    Cortazar Sanabria, Javier Mauricio

    2015-01-01

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

  2. Modeling renewable energy company risk

    International Nuclear Information System (INIS)

    Sadorsky, Perry

    2012-01-01

    The renewable energy sector is one of the fastest growing components of the energy industry and along with this increased demand for renewable energy there has been an increase in investing and financing activities. The tradeoff between risk and return in the renewable energy sector is, however, precarious. Renewable energy companies are often among the riskiest types of companies to invest in and for this reason it is necessary to have a good understanding of the risk factors. This paper uses a variable beta model to investigate the determinants of renewable energy company risk. The empirical results show that company sales growth has a negative impact on company risk while oil price increases have a positive impact on company risk. When oil price returns are positive and moderate, increases in sales growth can offset the impact of oil price returns and this leads to lower systematic risk.

  3. 17 CFR 210.3-18 - Special provisions as to registered management investment companies and companies required to be...

    Science.gov (United States)

    2010-04-01

    ... registered management investment companies and companies required to be registered as management investment... Financial Statements § 210.3-18 Special provisions as to registered management investment companies and companies required to be registered as management investment companies. (a) For filings by registered...

  4. Ship Acquisition of Shipping Companies by Sale & Purchase Activities for Sustainable Growth: Exploratory Fuzzy-AHP Application

    Directory of Open Access Journals (Sweden)

    Keun-Sik Park

    2018-05-01

    Full Text Available Strengthening sale and purchase (S&P capacity has become a fundamental requirement for sustainable growth and corporate competitiveness in the modern shipping market. However, there is a lack of research related to S&P and its priority when shipping companies attempt to implement ship acquisition through S&P activities. To fill this gap, this paper conducts an empirical analysis to analyze priority factors during the acquisition of second-hand ships from the perspective of shipping companies. Business criteria are considered to be the most important factors in the analysis of the priority of ship acquisition and investment in shipping companies. To the best of our knowledge, this research is the first exploration covering Korean shipping companies’ ship acquisition through S&P activities. This study is expected to contribute to the better understanding of the role of S&P in ensuring the sustainability of shipping companies and to provide stakeholders with valuable insights.

  5. Company profile: Edison of Italy

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    The energy subsidiary of the Montedison chemicals company (Ferruzzi Group), Edison is Italy's largest private sector electricity producer. Last year production amounted to 4.7 TWh, an increase of 8.2% on 1990, and at the end of June this year, total net production of 2.4 TWh was 14.8% higher than in the first half of 1991. Edison also ranks first in the Italian league of private sector hydrocarbons producers, its Edison Gas subsidiary controlling a group that has significant exploration and development interests. These are mainly in Italy where production amounted to 333m cubic metres of natural gas and 690,000 barrels of oil in the first half of the year. The recent acquisition of Deutsche Shell's Italian fields should allow Edison to reach 2bn cubic metres of gas production by 1996. (author)

  6. Innovative options for structuring oil and gas leases and exploration permits on Aboriginal lands

    International Nuclear Information System (INIS)

    Douglas, W.; Wells, M.

    1999-01-01

    Operations in the oil and gas industry that involve exploration and production on Aboriginal lands are definitely more complex than operations on provincial Crown lands and there is clearly a need to meet different objectives. There are many good reasons for a petroleum exploration company to make a risk investment on First Nation lands, and the governing legislation permits considerable latitude in the terms of exploration permits and production leases. Indian Oil and Gas Canada will have to approve any agreement negotiated with a First Nation, so they must be made part of the deal-making process. It is important to recognize the responsibility a company has as a partner of a First Nation to help them achieve the maximum benefits from this non-renewable resource. Aspects considered include: the participants and their needs; terms and conditions in oil and gas leases; innovative compensation models; marketing the royalty share; equity participation, and managing exploration and development risk

  7. Responsibilities of Companies towards Employees

    Directory of Open Access Journals (Sweden)

    Monray Marsellus Botha

    2015-07-01

    Full Text Available Central to company law is the promotion of corporate governance. An important question in company law still today is in whose interest the company should be managed. Corporate governance needs to address the entire span of responsibilities to stakeholders of the company such as customers, employees, shareholders, suppliers and the community at large. The promotion of human rights in the application of company law must also take place. This is extremely important given the significant role of enterprises within the social and economic life of the nation. The interests of various stakeholder groups in the context of the corporation as a "social institution" should be enhanced and protected. Because corporations are part of society and the community, like all of us, it is required of them to be socially responsible and have greater accountability to all stakeholders of the company. Although directors must act in the best interests of shareholders collectively they must also consider the interests of other stakeholders. Sustainable relationships with all the relevant stakeholders are thus important. The advancement of social justice is thus important to corporations in that they should take note of the Constitution, labour legislation and company law legislation when social justice issues are dealt with. Employees have become very important stakeholders of companies and their needs should be taken into account in the bigger corporate governance and social responsibility framework.

  8. 12 CFR 5.35 - Bank service companies.

    Science.gov (United States)

    2010-01-01

    .... (d) Definitions—(1) Bank service company means a corporation or limited liability company organized... liability company. (2) Limited liability company means any non-corporate company, partnership, trust, or..., obligation, or liability of the company solely by reason of being, or acting as, a member or manager of such...

  9. Privatised companies and market

    International Nuclear Information System (INIS)

    Salini, M. P.

    2001-01-01

    The Italian Government decided to adopt the public company structure where a little group of medium-term investors had the task of supporting the transition of the privatised companies to the market. The article examines the reasons for this decision and its failure in attaining the purpose, not excluding the possibility for the public company of imposing itself in the long period and in a context of a minor legislative intervention and more effective Corporate Governance rules [it

  10. 12 CFR 584.2-2 - Permissible bank holding company activities of savings and loan holding companies.

    Science.gov (United States)

    2010-01-01

    ... savings and loan holding companies. 584.2-2 Section 584.2-2 Banks and Banking OFFICE OF THRIFT SUPERVISION, DEPARTMENT OF THE TREASURY SAVINGS AND LOAN HOLDING COMPANIES § 584.2-2 Permissible bank holding company activities of savings and loan holding companies. (a) General. For purposes of § 584.2(b)(6)(i) of this part...

  11. Improving the exploration process by learning from the past

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-07-01

    This report contains the 24 presentations of the conference, the main theme of which was the incorporation of past experience into new exploration processes. The regions discussed are the North Sea, the Norwegian Sea, and the Barents Sea. The activities related to the 15th Round licences have given important material for this work. Some of the areas, such as the Voering and Moere Basins, are deep waters that used to be considered too hostile environments for exploration. Available pre-drilling estimates were compared with drilling results. In general, the companies that had the longest history of work in the Norwegian Sea gave prognoses closer to the well results than did the ''newcomers'' to the field, and their play models turned out to be close to the results. However, the general tendency in the mapping performed by the companies is that the rock volumes are too large and that the evaluation of the oil potential in the region was optimistic.

  12. Improving the exploration process by learning from the past

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-07-01

    This report contains the 24 presentations of the conference, the main theme of which was the incorporation of past experience into new exploration processes. The regions discussed are the North Sea, the Norwegian Sea, and the Barents Sea. The activities related to the 15th Round licences have given important material for this work. Some of the areas, such as the Voering and Moere Basins, are deep waters that used to be considered too hostile environments for exploration. Available pre-drilling estimates were compared with drilling results. In general, the companies that had the longest history of work in the Norwegian Sea gave prognoses closer to the well results than did the ''newcomers'' to the field, and their play models turned out to be close to the results. However, the general tendency in the mapping performed by the companies is that the rock volumes are too large and that the evaluation of the oil potential in the region was optimistic.

  13. Panorama 2009 - Exploration-production activities and markets

    International Nuclear Information System (INIS)

    2008-01-01

    After four years of heavy activity, growth on the upstream service and supply markets is slowing. At the end of 2008, the oil and gas price fell subsequent to the decline in demand for petroleum products. This is an indication that exploration-production activity will slow in 2009 and that the price of services - hence sales at service and supply companies - will drop

  14. A Primer on Theoretically Exploring the Field of Business Model Innovation

    OpenAIRE

    Gassmann, Oliver; Frankenberger, Karolin; Sauer, Roman

    2017-01-01

    Companies like Amazon, Uber, and Skype have become business strategy icons and the way they transformed industries can hardly be explained with classic strategy research. This article explores the topic of Business Model Innovation, which has become the cornerstone for the competitiveness of many successful firms, from a theoretical perspective. It gives an overview and introduction to the book "Exploring the Field of Business Model Innovation".

  15. The role of business models in Finnish construction companies

    Directory of Open Access Journals (Sweden)

    Aki Pekuri

    2013-09-01

    Full Text Available Business models are seen as an essential part of successful businesses as they define the way companies create value for their customers and subsequently make profit from their operations. A good business model has a potential to separate a company from its competitors by creating a competitive advantage. The purpose of this research is to explore how managers understand and deploy the business model concept in construction. For this, eight experienced managers have been interviewed and their answers have been analysed using the theoretical aspects of business models as a reference. In the interviews, managers deployed business model concept very differently than what is accustomed in practice and in academia; they relate these models to different project delivery and contract structures or to companies’ business segments rather than to analysing how their companies provide value for customers in the selected markets. The results of the interviews indicate that the managers in construction do neither understand the concept properly nor exploit any similar value creation analysis in their business. The interviewees had significant problems describing their companies’ business models and value creation logic, pointing out the lack of analysis and understanding of customer values and needs in the project delivery process. This may be one of the overtones of the persistent client dissatisfaction in the construction industry. 

  16. The role of business models in Finnish construction companies

    Directory of Open Access Journals (Sweden)

    Aki Pekuri

    2013-09-01

    Full Text Available Business models are seen as an essential part of successful businesses as they define the way companies create value for their customers and subsequently make profit from their operations. A good business model has a potential to separate a company from its competitors by creating a competitive advantage. The purpose of this research is to explore how managers understand and deploy the business model concept in construction. For this, eight experienced managers have been interviewed and their answers have been analysed using the theoretical aspects of business models as a reference. In the interviews, managers deployed business model concept very differently than what is accustomed in practice and in academia; they relate these models to different project delivery and contract structures or to companies’ business segments rather than to analysing how their companies provide value for customers in the selected markets. The results of the interviews indicate that the managers in construction do neither understand the concept properly nor exploit any similar value creation analysis in their business. The interviewees had significant problems describing their companies’ business models and value creation logic, pointing out the lack of analysis and understanding of customer values and needs in the project delivery process. This may be one of the overtones of the persistent client dissatisfaction in the construction industry.

  17. Analysis of exploration expenditure for unconventional gas : how investing in exploration would improve reserves and production

    International Nuclear Information System (INIS)

    Virine, L.

    2010-01-01

    This paper described a method for analyzing the efficiency of exploration investment, which can improve corporate planning. Exploration expenditure is held to be a main indicator of economic activities in the oil and gas industry because exploration is supposed to lead to booking more reserves and increased production. A model was developed for analyzing the correlation between exploration expenditure and producer's reserves and production for conventional and unconventional gas plays in the United States. The model was used to quantitatively assess the exploration expenditures production and reserves of different producers for various conventional and unconventional gas plays. Producer's booked reserves, production from public sources, and reserves and production forecasts were incorporated into the model, which was used to analyze different types of exploration expenditure (land, drilling, and seismic) incurred at various times prior to reserves and production being booked. There was an overall positive correlation between exploration expenditure and reserves and production, but there was significant variance in the correlation between various producers operating in different plays. Unproved land acquisition was strongly correlated to the booking of proved reserves, but there was no correlation between unproved land acquisition and exploration expenditure ratio, reserves, or production. A number of companies had a high exploration expenditure to overall expenditure ratio, but the resulting payoffs were inconsistent. 6 refs., 1 tab., 6 figs.

  18. 77 FR 42554 - Surety Companies Acceptable on Federal Bonds-Termination: Peerless Insurance Company (NAIC #24198)

    Science.gov (United States)

    2012-07-19

    ... should be accepted from this company, and bonds that are continuous in nature should not be renewed. The... DEPARTMENT OF THE TREASURY Fiscal Service Surety Companies Acceptable on Federal Bonds--Termination: Peerless Insurance Company (NAIC 24198) AGENCY: Financial Management Service, Fiscal Service...

  19. 78 FR 62616 - Salmon Creek Hydroelectric Company, Salmon Creek Hydroelectric Company, LLC; Notice of Transfer...

    Science.gov (United States)

    2013-10-22

    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Project No. 3730-005] Salmon Creek Hydroelectric Company, Salmon Creek Hydroelectric Company, LLC; Notice of Transfer of Exemption 1. By letter filed September 23, 2013, Salmon Creek Hydroelectric Company informed the Commission that they have...

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

    International Nuclear Information System (INIS)

    Anon.

    1997-01-01

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

  1. Exploration and production activities and market - Panorama 2008; Activites et marches en exploration-production - Panorama 2008

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2007-07-01

    Following two banner years for the oil service and supply sector, marked by strong activity and a substantial increase in prices, the Exploration and Production market continued at a frenetic pace in 2007, although certain local markets retreated. In 2008, activity should stay high and prices should start stabilizing. With services in short supply, companies in the sector have been able to shift the balance of power with oil firms in their favor.

  2. The European Company : From a Swedish private company perspective

    OpenAIRE

    Öster, Alexandra; Alm, Cecilia

    2006-01-01

    The development within the European Union is that we are heading towards a common internal market. The law has during the year become more harmo-nized within the Union in many areas. The company law within the European Union has become harmonized through several company law directives and the freedom of establishment, which is included in the EC Treaty. The aim of an internal market is about to be achieved, but there are still differences between the systems of law within the Member States. T...

  3. THE RELATIONSHIP OF COMPANY PERFORMANCE WITH EXTERNAL STAKEHOLDER SATISFACTION (STUDY AT INDUSTRIAL METAL PROCESSING COMPANY IN SULAWESI)

    OpenAIRE

    Amar, Muh Yunus

    2011-01-01

    Attainment of company performance relates to participation of its external stakeholder. External stakeholder here defined as the group which having importance with company and cannot be controlled by company management. Existence of external stakeholder becomes of vital importance and influential to performance and continuity of company life (Kasali, 1990). Therefore, management of the company needs to paying attention more to the importance of the external stakeholder. External stakeholders ...

  4. 77 FR 29884 - Assessment of Fees on Large Bank Holding Companies and Nonbank Financial Companies Supervised by...

    Science.gov (United States)

    2012-05-21

    ... holding company's four most recent Consolidated Financial Statements for Bank Holding Companies (FR Y-9C... with total consolidated assets of $50 billion or greater and nonbank financial companies supervised by... financial institutions and insurance companies were critical of the proposed use of total consolidated...

  5. Improving the supply chain agility of a fashion accessories company

    OpenAIRE

    Rosenlund, Kristian

    2015-01-01

    This thesis aims to improve the supply chain agility of a case company that is engaged in the design, development and worldwide marketing and selling of fashion accessories and design services. This thesis explores agility in context of supply chain management and in fashion industry where the typical challenges are that demand is highly volatile and hard to predict, the number of products per sales season is large and products have a fairly short life-cycles. In this study, the research ...

  6. 77 FR 66216 - Union Railroad Company-Corporate Family Merger Exemption-McKeesport Connecting Railroad Company

    Science.gov (United States)

    2012-11-02

    ..., accounting, reporting, and related burdens associated with the maintenance of the two separate corporate... Company--Corporate Family Merger Exemption-- McKeesport Connecting Railroad Company Union Railroad Company... verified notice of exemption under 49 CFR 1180.2(d)(3) for a corporate family transaction pursuant to which...

  7. John Rae (1813-93): explorer of the Canadian Arctic, the great pedestrian.

    Science.gov (United States)

    Loosmore, Brian

    2009-11-01

    Born and raised in the Orkney Islands, Dr John Rae joined the Hudson's Bay Company and rose to be Chief Factor. Unusually tough and intelligent, he explored much of northern Canada, mapping the north eastern shore and finding controversial evidence of the lost Franklin expedition of 1845. A talented botanist, geologist, anthropologist and cartographer, he was northern Canada's most distinguished explorer.

  8. Determinants of the company value

    Directory of Open Access Journals (Sweden)

    Kamila Růžičková

    2011-01-01

    Full Text Available Today, there are many conceptions involving creation of the company value, as it is the main objective for the owners. However, there are still many companies interested primarily in the different company’s objectives and enhance its competitive position differently. The aim of the paper is to present and analyze the viewpoints of Czech and foreign specialists on the issue of company value creation. The paper provides the determination of factors positively influencing the company value, the description of their characteristics, and on the basis of a detailed academic discussion proposes conclusions. Attention is paid especially to the value drivers which are not recorded in the financial documents.The introduction of the paper gives a brief overview of the topic. The paper is divided into three main parts. The first part introduces the effective cost management. It clarifies the concept of the managerial accounting and explains its contribution to the creation of the company value. The second part deals with the external relationships of the company. It focuses on the buyer-supplier relationships and offers the detailed perspective on the specific issue of the agricultural companies and their competitiveness in relation to the land leases. The third part concentrates on the internal company environment, namely on the human capital potential and its effects on the value of the company. In the concluding part, the findings are summarized. Based on the results, the figure describing the determinants and generators of the company value is formed. This figure can be considered a systematic procedure how to create a company value.All findings are supported with the literature review e.g. Armstrong (2007, Fibírová and Šoljaková (2005, Marinič (2008, Petřík (2007 and Porter (2004. Within the paper elaboration, the analysis and synthesis as scientific methods were used for explanation of the experts’ points of view and then summed up as the

  9. Natural gas annual 1993 supplement: Company profiles

    Energy Technology Data Exchange (ETDEWEB)

    1995-02-01

    The Natural Gas Annual provides information on the supply and disposition of natural gas to a wide audience including industry, consumers, Federal and State agencies, and educational institutions. This report, the Natural Gas Annual 1993 Supplement: Company Profiles, presents a detailed profile of 45 selected companies in the natural gas industry. The purpose of this report is to show the movement of natural gas through the various States served by the companies profiled. The companies in this report are interstate pipeline companies or local distribution companies (LDC`s). Interstate pipeline companies acquire gas supplies from company owned production, purchases from producers, and receipts for transportation for account of others. Pipeline systems, service area maps, company supply and disposition data are presented.

  10. Reinventing the company in the digital age

    CERN Document Server

    Gonzales, Francisco

    2015-01-01

    The seventh edition of BBVA annual series dedicated to explore and disseminate the key issues of our time, this time the goal is to unveil the new digital business models for the company of the 21st century. · Recognized and esteemed scholars from around the world tackle, in an accessible language, the most current knowledge of the internet as a change agent. · The essays delve around themes like: the impact of social analytics and social interaction, structure and organization, the future of work, virtual workplaces and organizations, digital management, labor economics and human resource management, internationalization, gender and diversity, digital platforms, big data, electronic commerce and corporate architecture, among others

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

    Directory of Open Access Journals (Sweden)

    Çiğdem ÖZARİ

    2018-01-01

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

  12. Professional versus family management in Brazilian fashion retail companies: exploring value-investors’ perceptions

    Directory of Open Access Journals (Sweden)

    Clarice Secches Kogut

    Full Text Available Abstract Regarding the debate on which sort of management - professional or family administration - would more effectively run businesses, this paper discusses the advantages and shortcomings of family and professional management from a theoretical and a practitioner’s viewpoint. The study aims at contributing to our understanding about the superiority that either type of management might have delivering long-term performance and value creation to shareholders. Six investors from top value investment funds were interviewed regarding the management of seven fashion retail Brazilian companies. Data analysis revealed that investors do not prefer either type of management - family or professional - when they make investments. Instead, they do look for specific characteristics and patterns of behavior in a CEO, which resemble Selznick’s (1957 definition of an institutional leader. Finally, the paper suggests a new path of research for scholars (relating old institutionalism and professionalism and practical guidelines for each type of management (family or professional, offering, therefore, an academic as well as a practical contribution.

  13. Does Capital Structure Influence Company Profitability?

    Directory of Open Access Journals (Sweden)

    Herciu Mihaela

    2017-12-01

    Full Text Available Every company has a different structure of balance sheet. Some of the companies have more liabilities than equity. Considering the industry or debt-to-equity ratio, the balance sheet structure affects the company profitability measured by DuPont system. The main objective of the paper is to analyze the structure of balance sheet and to identify some optimal levels in order to increase company profitability. The DuPont returns like ROA (return on assets and ROE (return on equity will be used to measure the company profitability, while the debt-to-equity ratio will be used as a measure (reflection of capital structure. The samples consist on the most profitable non-financial companies ranked in Fortune Global 500. The companies will be grouped in clusters (based on industry or debt-to-equity ratio in order to identify the signification of the correlation between the profit and the balance sheet structure. The main results of the paper refer to the company profitability that can be increased by using an optimal structure of liabilities and equity.

  14. Human resource policy and Danish multinational companies

    DEFF Research Database (Denmark)

    Fleming, Daniel; Søborg, Henrik

    A study of Danish multinational companies' human resource policy in their subsidiaries in Malaysia and Singapore.The sample of companies consists of 8 Danish multinational companies with activities in both Malaysia and Singapore.......A study of Danish multinational companies' human resource policy in their subsidiaries in Malaysia and Singapore.The sample of companies consists of 8 Danish multinational companies with activities in both Malaysia and Singapore....

  15. Uranium provinces and the exploration industry

    International Nuclear Information System (INIS)

    Hunter, J.; Michie, U.McL.

    1988-01-01

    There is little doubt that exploration by mining companies in established districts or 'provinces' has led to the discovery of substantial additional ore reserves. However, the competition for, and expenses of, land acquisitions in these known districts often prompts companies to search further afield. In some cases, new discoveries can merely be regarded as extensions of known provinces while others are located in completely new areas. Whether the explorers utilized concepts of metallogenic provinces in the course of such discoveries is questionable; rather, they would have sought the particular combinations of geological circumstances required by the model. Once a new deposit is found, however, the concept of a province, whether correct in that situation or not, is usually responsible for stimulating further activity. Recent examples of such behaviour are the Arizona Strip and NE Nebraska (USA) in provincial extensions and Roxby Downs, Lone Gull (NW Territories, Australia) and Lagoa Real (Brazil) in new areas. More routine and scientific application of metallogenic province theory by the uranium exploration industry would require evidence that not only the bulk of the world's uranium reserves but also the majority of the individual world-class deposits fall into geologically definable provinces. Such evidence should include the demonstration that particular areas of the Earth's crust had been enriched in uranium (with or without related elements) and that this enrichment had persisted through periods of crustal reworking and been responsible for concentrations of the metal ore deposits. The evidence described in the volume is critically reviewed in this context. (author). Refs, 4 figs

  16. 26 CFR 1.831-3 - Tax on insurance companies (other than life or mutual), mutual marine insurance companies, mutual...

    Science.gov (United States)

    2010-04-01

    ... mutual), mutual marine insurance companies, mutual fire insurance companies issuing perpetual policies, and mutual fire or flood insurance companies operating on the basis of premium deposits; taxable years... fire insurance companies issuing perpetual policies, and mutual fire or flood insurance companies...

  17. Trade Companies and their Classification

    Directory of Open Access Journals (Sweden)

    P. Tărchilă

    2013-12-01

    Full Text Available The Romanian legislation does not define anyhow the concept of companies. It was the merit of the doctrine, which attempted such a definition, starting usually from the provisions of the Civil Code, which in art. 1491 defines the civil society, for the purpose of the memorandum of the association1. For that matter, also in the specialized foreign doctrine (ex. the French doctrine companies are defined based on similar concepts, but standardized by the Civil Code. The two meanings that the company has to be regarded through, also explain the very specific legal matter, a matter of concepts resulting from understanding the concept of memorandum of association and the company-institution. Thus, the contractual conception, imposed by the development of the contract theory in the last century, explains the existence of the companies starting from the validity conditions imposed to any contract and from the contractual techniques that establish the relationships formed within the society (for example, the company management is based on a mandate contract under which the executive operates.

  18. STIMULATING INNOVATIONS AND PERFORMANCE OF COMPANIES IN BOSNIA AND HERZEGOVINA

    Directory of Open Access Journals (Sweden)

    Andrijana Ostojić Mihić

    2016-12-01

    Full Text Available The paper explores the perception of innovations and importance of innovativeness, determines innovation potential and links the application of innovations in companies to the material stimulation of employees. The aim of the paper is to provide information on encouraging and developing the culture of innovations and on strengthening the awareness of the importance of material motivation for the creation of innovations. The paper presents an overview of the existing findings on the company’s innovation potential and the possibility to encourage innovations by means of the selected tools and techniques of human resource management. The contribution of the paper is based on the empirical research of a representative sample of 250 medium-size and large companies in Bosnia and Herzegovina (BiH using the methodology of the Croatian Coefficient of Innovativeness (HKI, whereby special attention is given to the observation of the possible link between stimulating employees to innovate and accomplishing the company’s selected performance.

  19. 12 CFR 225.82 - How does a bank holding company elect to become a financial holding company?

    Science.gov (United States)

    2010-01-01

    ... holding company to become a financial holding company shall not be effective if, during the period...) Effective date of election—(1) In general. An election filed by a bank holding company under paragraph (a... financial holding company is effective prior to the 31st day after the date that a complete declaration was...

  20. Evaluating Internal Technological Capabilities in Energy Companies

    Directory of Open Access Journals (Sweden)

    Mingook Lee

    2016-03-01

    Full Text Available As global competition increases, technological capability must be evaluated objectively as one of the most important factors for predominance in technological competition and to ensure sustainable business excellence. Most existing capability evaluation models utilize either quantitative methods, such as patent analysis, or qualitative methods, such as expert panels. Accordingly, they may be in danger of reflecting only fragmentary aspects of technological capabilities, and produce inconsistent results when different models are used. To solve these problems, this paper proposes a comprehensive framework for evaluating technological capabilities in energy companies by considering the complex properties of technological knowledge. For this purpose, we first explored various factors affecting technological capabilities and divided the factors into three categories: individual, organizational, and technology competitiveness. Second, we identified appropriate evaluation items for each category to measure the technological capability. Finally, by using a hybrid approach of qualitative and quantitative methods, we developed an evaluation method for each item and suggested a method to combine the results. The proposed framework was then verified with an energy generation and supply company to investigate its practicality. As one of the earliest attempts to evaluate multi-faceted technological capabilities, the suggested model can support technology and strategic planning.

  1. Company analysis

    DEFF Research Database (Denmark)

    Jenster, Per V.; Hussey, David

    This volume looks at the company appraisal as a whole, examining the continuing need to appraise companies as part of the continuing strategy process. Building from a sound basis of theory, the text aims to be practical and to give guidance to senior managers and others involved in the strategy...... process. It is thus a book primarily aimed at managers, but should also be useful for MBA students undertaking strategy assignments It provides helpful, practical guidance and identifies weaknesses of traditional methods. It also presents a variety of tools which may be used in the appraisal process...

  2. Determinants of Corporate Social Responsibility Disclosure: An Empirical Study of Polish Listed Companies

    Directory of Open Access Journals (Sweden)

    Justyna Dyduch

    2017-10-01

    Full Text Available In this paper we explore whether a number of elements influence the levels of corporate social responsibility (CSR disclosure in the annual reports of Polish companies. These elements include the following: company size, profitability, financial leverage, industry environmental sensitivity, board size, women on the board, internationalization, and reputation. We use content analysis to determine the quality of CSR disclosures. We test our hypotheses using a Tobit regression analysis on a sample of 60 reports from Polish companies listed on the Warsaw Stock Exchange. We find industry environmental sensitivity to have significant influence on CSR disclosures. Our research findings also reveal a relationship between company turnover, duration of the stock exchange listing, inclusion in the Respect Index portfolio and foreign capital share, and the level of CSR disclosures. This study extends the scope of previous studies by including non-commonly used independent variables: the company’s internationalization and reputation. To the authors’ knowledge, it is the primary step to investigating CSR reporting practices coupled with the corporate characteristics in a Central and Eastern European country such as Poland. The paper contributes to the understanding of determinants of CSR disclosure and offers findings which are potentially useful for both theory and practice.

  3. Uranium exploration in remote areas of Western Australia: the proposal for mutually acceptable monitoring regime

    International Nuclear Information System (INIS)

    Tsurikov, N.

    2008-01-01

    Full text: The uranium exploration activity in Western Australia has increased significantly in the last two years. Total identified uranium resources in 2005 were in order of 100,000 tonnes of U 3 O 8 Traveling on dusty roads in open vehicles, in 2005 and it is likely that more uranium deposits will be found in the State. The exploration activity is typically carried out in very remote locations in Western Australia and, frequently, on the land that is subject to the Australian Native Title Act (1993) - in the areas where the potential radiation exposure of the Traditional Land Owners has to be considered. Aboriginal groups are an integral part of dynamic ecosystems, for whom to separate 'man' from 'nature' is a convention with little meaning when dealing with environmental impact, and this needs to be taken into account by uranium exploration companies. Indigenous peoples' potential exposure to radiation as a result of uranium exploration cannot be simply modeled based on common assumptions. Indigenous people may be at a higher risk of radiation exposure at uranium exploration sites that may not have been adequately rehabilitated due to, for example: traveling on dusty roads in open vehicles; sitting on the ground, living and sleeping in temporary structures with earth floors; lack of adequate washing facilities, eating local biota and cooking in the ground; recreational activities (particularly by children). The radiation protection regulations in Western Australia are complex and somewhat confusing as there are three State government departments administering different regulations that may be applicable to uranium exploration. To facilitate the co-operation with exploration companies and government departments Traditional Owners must be properly advised on safety and environmental effects of uranium exploration and it is proposed that an independent 'Uranium Monitoring Team' consisting of a Traditional Owner and a radiation protection expert is created. It is

  4. Natural gas annual 1992: Supplement: Company profiles

    Energy Technology Data Exchange (ETDEWEB)

    1994-01-01

    The data for the Natural Gas Annual 1991 Supplement : Company Profiles are taken from Form EIA-176, (open quotes) Annual Report of Natural and Supplemental Gas Supply and Disposition (close quotes). Other sources include industry literature and corporate annual reports to shareholders. The companies appearing in this report are major interstate natural gas pipeline companies, large distribution companies, or combination companies with both pipeline and distribution operations. The report contains profiles of 45 corporate families. The profiles describe briefly each company, where it operates, and any important issues that the company faces. The purpose of this report is to show the movement of natural gas through the various States served by the 45 large companies profiled.

  5. Virtual Company and Modelbank

    DEFF Research Database (Denmark)

    Thorsteinsson, Uffe

    1996-01-01

    Ansøgning til Socrates programmet vedr. Tematisk netværk inden for området Virtual Company and Modelbank......Ansøgning til Socrates programmet vedr. Tematisk netværk inden for området Virtual Company and Modelbank...

  6. Conclusion: The balanced company

    DEFF Research Database (Denmark)

    Scheuer, John Damm; Jensen, Inger

    2013-01-01

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

  7. Director remuneration, corporate governance and performance: A comparison between government linked companies vs non government linked companies

    Directory of Open Access Journals (Sweden)

    Nazrul Hisyam Ab Razak

    2014-07-01

    Full Text Available This study has examined the relationship between director’s remuneration, corporate governance structure and performance of a sample of 150 companies listed on the Bursa Malaysia from year 2008 until 2013. The sample was selected to provide matched-pair of government linked companies (GLCs and non-government linked companies (non-GLCs, as it was anticipated that these group would have different governance structure, the key difference being government ownership. The result holds even when we control for company specific characteristic such as corporate governance, company size, leverage, director’s remuneration, board size and auditors. This study uses panel based regression model to examine the impact of government control mechanism on company performance using two important measurers. These are accounting based measure proxies by ROA and non-accounting based measures by Tobin’s Q. Statistically significant relationships were found across the groupings and for different performance measures. Findings appear to suggest that there is a significant impact of government ownership on company performance after controlling for company specific characteristics.

  8. Principles of European Company Law

    DEFF Research Database (Denmark)

    Werlauff, Erik

    2010-01-01

    The article focuses on how much we have in common in Europe within company law and its development, and on the principles which are the determining factors for the activities of European companies. The article shows that what we have in common greatly outweighs what divides us, and this is presen......The article focuses on how much we have in common in Europe within company law and its development, and on the principles which are the determining factors for the activities of European companies. The article shows that what we have in common greatly outweighs what divides us...

  9. Venezuela opens up to explorers

    International Nuclear Information System (INIS)

    Kielmas, M.

    1995-01-01

    The opening of Venezuela's first exploration bidding round since oil nationalisation in 1976 was a turning-point in the country's energy policy. The state oil company, Petroleos de Venezuela (PdVSA), has said that the bidding round could generate investment of some $11 billion eventually in development investment and that over the next 10 years, nearly 20 percent of a planned $55 billion, 10-year state oil company investment programme could also come from foreign or private sector oil investment. Should this optimistic prediction materialise, Venezuela, whose 2.75 million b/d oil production in October was some 400,000 b/d over its Opec quota, will remain both the dominant oil producer in Latin America and the top-ranking oil exporter to the US market. In May this year, Venezuelan oil exports topped 1.43 million b/d, or some 16.8 percent of the US market, compared with Saudi Arabia's 15.7 percent. (author)

  10. 26 CFR 1.821-4 - Tax on mutual insurance companies other than life insurance companies and other than fire, flood...

    Science.gov (United States)

    2010-04-01

    ... life insurance companies and other than fire, flood, or marine insurance companies, subject to tax... Life and Certain Marine Insurance Companies and Other Than Fire Or Flood Insurance Companies Which... other than life insurance companies and other than fire, flood, or marine insurance companies, subject...

  11. Premium Forecasting of AN Insurance Company:

    Science.gov (United States)

    Fouladvand, M. Ebrahim; Darooneh, Amir H.

    We present an analytical study of an insurance company. We model the company's performance on a statistical basis and evaluate the predicted annual income of the company in terms of insurance parameters namely the premium, the total number of insured, average loss claims etc. We restrict ourselves to a single insurance class the so-called automobile insurance. We show the existence of a crossover premium pc below which the company is operating at a loss. Above pc, we also give a detailed statistical analysis of the company's financial status and obtain the predicted profit along with the corresponding risk as well as ruin probability in terms of premium. Furthermore we obtain the optimal premium popt which maximizes the company's profit.

  12. Teeling Whiskey Company: A tradition of family entrepreneurship and whiskey distilling

    OpenAIRE

    O'Gorman, Colm; Brophy, Martina; Clinton, Eric

    2015-01-01

    This case explores the origins of a new high-growth, family start-up competing in a traditional industry. Teeling Whiskey Company Ltd (TWC) is the brainchild of entrepreneur Jack Teeling. This new venture stems from another high-profile, family based business named Cooley Distillery. Jack was managing director of Cooley Distillery, the business his father founded in 1987. In Cooley Distillery, Jack acquired a wealth of professional experience in whiskey distilling and selling. When the distil...

  13. Factors Affecting Formation of R&D Alliance : Case of MSC Companies

    OpenAIRE

    Chen, Nick Kid Khian

    2005-01-01

    Confronted with the opening of world markets and intensified competition, companies at the Multimedia Super Corridor are searching for innovation through R&D. In their quest for efficient operation, firms increasingly revert to seeking new technologies via interfirm agreements, not only with suppliers and customers but also with competitors. The advantages of R&D alliance will be explored in this paper. The survey conducted using questionnaires sent by mail focused on three big areas, the mot...

  14. Organizational architecture of multinational company

    OpenAIRE

    Vrbová, Tereza

    2012-01-01

    The Bachelor's Thesis ,,Organizational architecture of multinational company" sets the target to analyse organizational structures used in multinational companies at present. In the teoretical section is briefly described development of this subject, basic concepts associated with organizational architecture such as globalization, multinational companies and organizational architecture. I also generalized main characteristics of organizational forms and describe their pros and cons. The pract...

  15. 78 FR 62614 - Guttman Energy, Inc., PBF Holding Company LLC v. Buckeye Pipe Line Company, L.P., Laurel Pipe...

    Science.gov (United States)

    2013-10-22

    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. OR14-4-000] Guttman Energy, Inc., PBF Holding Company LLC v. Buckeye Pipe Line Company, L.P., Laurel Pipe Line Company, L.P... complaint against Buckeye Pipe Line Company L.P. and Laurel Pipe Line Company L.P. (Respondents) challenging...

  16. A study on intangible assets disclosure: An evidence from Indian companies

    Directory of Open Access Journals (Sweden)

    Subash Chander

    2011-04-01

    Full Text Available Purpose: India has emerged at the top of the pedestal in the present knowledge-driven global marketplace, where intangible assets hold much more value than physical assets. The objective of this study is to determine the extent of intangible asset disclosure by companies in IndiaDesign/methodology/approach: This study relates to the years 2003-04 and 2007-08 and is based on 243 companies selected from BT-500 companies. The annual reports of these companies were analyzed using content analysis so as to examine the level of disclosure of intangible asset information. Intangible assets disclosure index based on the intangible assets framework as given by Sveiby (1997 and as used and tested by Guthrie and Petty (2000 and many other subsequent studies was modified and used for this study. Findings: The results showed that external capital is the most disclosed intangible asset category with a disclosure score of 37.90% and 35.83% in the years 2003-04 and 2007-08 respectively. Infosys technologies Ltd. is the company with the highest intangible assets reporting for both the years (2003-04: 68.52%, 2007-08: 81.48%. Further the reporting of intangible assets is unorganized and unsystematic. There is lack of appropriate framework for disclosing intangible assets information in the annual reports.Originality/value: This is perhaps the first comprehensive study on intangible assets disclosure based on a large sample of the companies from India. Literature reveals that now the intangible assets play relatively an increasingly significant role in the decision making process of various users of corporate reports. This study shows that the overall disclosure of intangible assets is low in India. Thus this study may be of value to the corporate sector in India to explore the areas of intangible assets disclosure so that they can provide useful and relevant information to the users of annual reports.

  17. State of Implementation of Supply Chain Management in Companies in Romania

    Directory of Open Access Journals (Sweden)

    Mihaela Dobrea

    2013-02-01

    Full Text Available The aim of this study was to assess the degree of supply chain management`s development in Romanian companies. For this, a selective, explorative survey, on a sample of 225 Romanian companies was used. The objectives of the research focused on highlighting the importance of logistics in the companies’ management and on identifying specific issues related to supply chain management - role, objectives, predisposing factors, applications. From the research, it was found that supply chain management is at an early stage of development, specifically for the 80s and 90s. In addition, there is insufficient awareness that SCM is a tool for increasing business performance and competitiveness in the global market. The value of the study is given also by the fact that it is a pioneering work in Romania, where there were little such researches, especially in PhD thesis.

  18. Narrative Accounting Practices in Indonesia Companies

    Directory of Open Access Journals (Sweden)

    Inten Meutia

    2017-05-01

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

  19. Chemometrical exploration of an isotopic ratio data set of acetylsalicylic acid

    International Nuclear Information System (INIS)

    Stanimirova, I.; Daszykowski, M.; Van Gyseghem, E.; Bensaid, F.F.; Lees, M.; Smeyers-Verbeke, J.; Massart, D.L.; Vander Heyden, Y.

    2005-01-01

    A data set consisting of fourteen isotopic ratios or quantities derived from such ratios for samples of acetylsalicylic acid (aspirin), commercialized by various pharmaceutical companies from different countries, was analyzed. The goal of the data analysis was to explore whether results can be linked to geographical origin or other features such as different manufacturing processes, of the samples. The methods of data analysis used were principal component analysis (PCA), robust principal component analysis (RPCA), projection pursuit (PP) and multiple factor analysis (MFA). The results do not seem to depend on geographic origin, except for some samples from India. They do depend on the pharmaceutical companies. Moreover, it seems that the samples from certain pharmaceutical companies form clusters of similar samples, suggesting that there is some common feature between those pharmaceutical companies. Variable selection performed by means of MFA showed that the number of variables can be reduced to five without loss of information

  20. Chemometrical exploration of an isotopic ratio data set of acetylsalicylic acid

    Energy Technology Data Exchange (ETDEWEB)

    Stanimirova, I. [ChemoAC, FABI, Analytical Chemistry and Pharmaceutical Technology, Vrije Universiteit Brussel-VUB, Laarbeeklaan 103, B-1090 Brussels (Belgium); Daszykowski, M. [ChemoAC, FABI, Analytical Chemistry and Pharmaceutical Technology, Vrije Universiteit Brussel-VUB, Laarbeeklaan 103, B-1090 Brussels (Belgium); Van Gyseghem, E. [Eurofins Scientific Analytics, Rue Pierre Adolphe Bobierre, 44323 Nantes Cedex 3 (France); Bensaid, F.F. [Eurofins Scientific Analytics, Rue Pierre Adolphe Bobierre, 44323 Nantes Cedex 3 (France); Lees, M. [Eurofins Scientific Analytics, Rue Pierre Adolphe Bobierre, 44323 Nantes Cedex 3 (France); Smeyers-Verbeke, J. [ChemoAC, FABI, Analytical Chemistry and Pharmaceutical Technology, Vrije Universiteit Brussel-VUB, Laarbeeklaan 103, B-1090 Brussels (Belgium); Massart, D.L. [ChemoAC, FABI, Analytical Chemistry and Pharmaceutical Technology, Vrije Universiteit Brussel-VUB, Laarbeeklaan 103, B-1090 Brussels (Belgium); Vander Heyden, Y. [ChemoAC, FABI, Analytical Chemistry and Pharmaceutical Technology, Vrije Universiteit Brussel-VUB, Laarbeeklaan 103, B-1090 Brussels (Belgium)]. E-mail: yvanvdh@vub.ac.be

    2005-11-03

    A data set consisting of fourteen isotopic ratios or quantities derived from such ratios for samples of acetylsalicylic acid (aspirin), commercialized by various pharmaceutical companies from different countries, was analyzed. The goal of the data analysis was to explore whether results can be linked to geographical origin or other features such as different manufacturing processes, of the samples. The methods of data analysis used were principal component analysis (PCA), robust principal component analysis (RPCA), projection pursuit (PP) and multiple factor analysis (MFA). The results do not seem to depend on geographic origin, except for some samples from India. They do depend on the pharmaceutical companies. Moreover, it seems that the samples from certain pharmaceutical companies form clusters of similar samples, suggesting that there is some common feature between those pharmaceutical companies. Variable selection performed by means of MFA showed that the number of variables can be reduced to five without loss of information.

  1. Relocating a Company within the EU

    DEFF Research Database (Denmark)

    Werlauff, Erik

    2008-01-01

    This article analyses how a public or private limited company can be relocated in another EU country via establishment of a subsidiary in the second country, followed by a reverse vertical merger (the parent ceases to exist and the subsidiary is the continuing company). The consideration for the ...... for the merger is shares in the subsidiary, which can be effected by giving the parent company's shares in the subsidiary to the parent company's shareholders, but after the shares have taken a brief respite in the subsidiary as own shares......This article analyses how a public or private limited company can be relocated in another EU country via establishment of a subsidiary in the second country, followed by a reverse vertical merger (the parent ceases to exist and the subsidiary is the continuing company). The consideration...

  2. Myanmar exploration hitting stride on 1989-90 licensing round blocks

    International Nuclear Information System (INIS)

    Khin, J.A.; Johnston, D.

    1992-01-01

    This paper reports that following licensing efforts in 1989-90, Myanmar has been gearing up with activity both onshore and offshore. The industry gave a strong response to the first round of exploration licensing. The license awards in the first round carried fairly aggressive work commitments in terms of both dollars and timing. Work commitments on each of the first nine blocks ranged from $12 million to $70 million for each block. Most companies committed to spudding their first wells within the first 12-14 months. The drilling results are starting to come in. Although no significant oil discovery has been made yet, the country expects to speed up its exploration activities in the next few years. Following the first round of licensing onshore, Myanmar Oil and Gas Enterprise (MOGE), the national oil company, is negotiating terms for offshore blocks as well as additional onshore blocks for improved oil recovery (IOR) and rehabilitation/redevelopment rights for existing fields

  3. Analysis Of Employee Engagement And Company Performance

    OpenAIRE

    Mekel, Peggy A.; Saerang, David P.E.; Silalahi, Immanuel Maradopan

    2014-01-01

    Employee could be a competitive advantage of a company if company manages its employees well. The success of a company could be seen from how a company manages their employees and engages their employees. Most of big companies put their employees in top priority in order to keep their top performance. These big companies manage their employees and try to engage their employees so that their employees could generate high performance. In this study, employee engagement is the factor to examine ...

  4. Quality management in shipping companies

    Directory of Open Access Journals (Sweden)

    Đergović Dragana M.

    2017-01-01

    Full Text Available As international business becomes more competitive, companies are finding that they need to work more effectively to stay in business. Quality assurance has become very important to the majority of production and service companies with international activity. Shipping companies were also required to implement a quality management system. The huge importance of safety in maritime transport operations resulted in the International Safety Management Code (ISM Code by the International Maritime Organization. The general management system principles embodied by the maritime ISM Code and generics ISO standards, have enabled their complementary application in establishing a quality management system in shipping companies, within a safety management system as its subset.

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

    Directory of Open Access Journals (Sweden)

    Supriyo Das

    2015-07-01

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

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

    OpenAIRE

    Rahman, Arief; Widyasari, Kurnia Nur

    2008-01-01

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

  7. Strategic renewal through social media marketing : An exploratory study of challenges and opportunities of companies in Swedish rural areas

    OpenAIRE

    GAVRILAKIS, FILIPPOS; MAKROPOULOU, KALLIOPI

    2013-01-01

    Background Social media have changed the way of communication and interaction between the organizations and the costumers. The huge merge of social media has led the companies to change their current marketing strategies into the use of social media marketing during the last years. An increasing number of companies adopt this kind of performance and there is a need to study this phenomenon more in depth and explore it through the perspective of strategic renewal. Purpose The purpose of this t...

  8. Market Potential Analysis of Finland and the UK; Business case – “Sidebar business proposition”, Case Company: Orion Automotive

    OpenAIRE

    Ivanova, Kristina

    2015-01-01

    The purpose of the study was to explore a new market area for the case company Orion Automotive, which is primarily operating in the Netherlands, and to find out suitable ways of reaching more potential customers there. Both, theoretical and empirical parts were included in this thesis. First includes analysis of macro-environmental factors – PEST and SWOT and also vital concepts related to the study. For the empirical part, desk research and previous research for Orion Company were used for ...

  9. Exploring Environmental Disclosure in SelectedAustralian Multinationals under the GRI Guidelines

    Directory of Open Access Journals (Sweden)

    Omar Al Farooque

    2014-09-01

    Full Text Available This paper explores changes in environmental reporting among Australian MNEs between 2004 and 2007, using the GRI guidelines, and explains how GRI transformation (from G2 to G3 leads to changes in environmental disclosure aspects along with their association with company size, profitability, industry sector. Applying Wilcoxon matched pair signed ranked and Spearman rank correlation tests, twenty companies from the Australian SAM Sustainability Index (AuSSI are examined to identify the extent of changes on specific aspects of environmental disclosure. The findings of the paper document a significant increase in environmental reporting in Australian companies. In particular, reporting has increased for energy, emissions and environmental management followed by water, overall, materials, transport and product/services aspects. However, a shift in emphasis from compliance and biodiversity aspects associated with climate changes and resource preservation is also evident. Again, the majority of changes occurred in companies operating in environmentally sensitive industries with industry sector having significant relationship with a few environmental disclosure aspects, the study shows no significant effect of company size and profitability on different environmental disclosure aspects. These evidences indicate that external forces (such as, legislation, industry sensitiveness to environment, and stakeholder awareness and pressure rather than internal factors are more effective to influence and determine environmental disclosure in Australian companies.

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

    Science.gov (United States)

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

    2017-10-01

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

  11. Global Job Opportunities with a ``Super-Major'' Oil and Gas Company

    Science.gov (United States)

    Baranovic, M. J.

    2001-12-01

    Shell International Exploration and Production Company is one of the world's largest private employers of geoscientists with approximately 1500 geophysicists and geologists employed worldwide. The companies of the Royal Dutch/Shell Group together produce, process, and deliver energy to consumers. Operating across the globe, in more than 130 countries and with more than 100,000 staff, Shell companies are guided by values developed over more than a century of successful enterprise. Responsibilities and Career Path - As a processing or research Geophysicist, you will use proprietary methods to prepare 2D and 3D seismic data volumes for the direct detection of hydrocarbons, the delineation of reservoirs or to define the stratigraphic and structural framework of the subsurface. As an exploration or development Geophysicist, your business will be finding commercially viable oil and gas reserves by using 3D seismic acquisition, processing, and interpretation techniques. Your advanced geological models of the subsurface will drive drilling proposals, optimizing appraisal of hydrocarbon resources. As a production or surveillance geophysicist, your 4D seismic interpretations and geological models will drive drilling proposals and optimize the production and depletion of existing oil and gas accumulations. Up to seven steps in the technical career ladder are possible. Team leader and management candidates are chosen from Shell's technical workforce based on technical and business acumen demonstrated on the job. Projects - Geophysicists work as part of multi-disciplinary teams on projects that typically last from 18 to 36 months. Teams are responsible for projects that may vary from \\$1 million to hundreds of millions in scope. Accountability and responsibility varies according to individual experience level and team structure. Lifestyle - Geophysicists are mainly office-based, with business travel requirements rarely exceeding 2 weeks per event. In the U.S., Shell allows

  12. Disability management in a sample of Australian self-insured companies.

    Science.gov (United States)

    Westmorland, M; Buys, N; Clements, N

    2002-09-20

    Disability management (DM) is a term developed in North America and refers to the prevention and management of injury and illness in the workplace. The purpose of this paper is to report findings of an Australian study that examined whether self-insured employers in that country have implemented integrated DM programmes. Key principles underpinning such programmes are explored to identify the extent to which Australian employers have adopted them. Data was collected from 29 self-insured Australian companies in three Australian States using a structured interview format with additional open-ended questions. It was found that companies have in place, to varying degrees, some of the key elements of disability management programmes. However, these elements were often not well integrated in a comprehensive disability management approach. The focus on workplace-based, early intervention in the area of return to work for injured employees was particularly strong, but there was little evidence of formal labour-management committee structures responsible for implementing DM programmes. If the concept of DM is relevant to the Australian environment then this study would suggest that self-insured companies need to undertake further work to develop integrated approaches to preventing and managing disability in the workplace. Several limitations of this study are highlighted and it is concluded that further work in this area is needed.

  13. State oil companies have diverse strategies

    International Nuclear Information System (INIS)

    Anon.

    1994-01-01

    The Journal's series on state-owned oil companies continues with profiles on seven more companies which already are, or could be, important players in the international oil industry. The first part of this series appeared last August. It featured the world's producing giants. This installment shows that national oil companies are definitely not cut from the same mold and that they have diverse mandates from their countries or have developed unusual niches in the oil world. The objective of these profiles is not to fully cover the plans and performance of such companies. That is done regularly in weekly editions of OGJ. Rather, these articles are written by a team of experienced Journal editors to characterize the individual companies, describe their mandates and organization, and present some professional background information, when available, on those in top management with the hope of getting some insight into the corporate cultures. The companies covered come from Brazil, China, Finland, Japan, Norway, Oman, and Vietnam. In addition the article profiles Borealis Holding A/S, created from the merger of two state companies from Norway and Finland

  14. Global Canucks : from the jungles of South America to Australia's outback, Canadian companies are wildcatting under the fluttering Maple Leaf

    International Nuclear Information System (INIS)

    Stastny, R.P.

    2010-01-01

    This article described the how the Canadian company Gran Tierra Energy has expanded its operations to Australia and Colombia in South America. The companies 3 main criteria for judging its overseas projects include good geology, good fiscal terms and stable government policies. As a petroleum geologist, the president of the company gained expertise while exploring for and producing oil in North Africa, in Southeast Asia, and in Alaska. The experience laid the foundation for the company's success overseas. The challenges associated with overseas work were discussed, with particular reference to environmental liability, Aboriginal issues and planning. Companies are drawn to overseas operations primarily because of an expectation to create more value per dollar invested, compared to domestic opportunities. International operators face complexities that demand understanding of everything from tricky tax laws, difficulties repatriating proceeds, and logistical and technical challenges of expropriation of assets. The rewards, however, include huge resource potential, fiscal incentives, market opportunities and joint venture opportunities. 5 figs.

  15. 78 FR 9907 - TGP Development Company, LLC; TGP Flying Cloud Holdings, LLC; WEC TX Company, LLC v. Arizona...

    Science.gov (United States)

    2013-02-12

    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. EL13-45-000] TGP Development Company, LLC; TGP Flying Cloud Holdings, LLC; WEC TX Company, LLC v. Arizona Public Service Company... section 206 of the Federal Power Act, 16 U.S.C. 824(e) (2006), TGP Development Company, LLC, TGP Flying...

  16. Practices of performance measurement in companies in the Republic of Serbia

    Directory of Open Access Journals (Sweden)

    Miroslav Todorovic

    2015-04-01

    Full Text Available A large number of acronyms which indicate diff erent performance metrics, such as EBIT (Earnings Before Interest And Taxes, EBITDA (Earnings Before Interest, Taxes, Depreciation, And Amortization, ROIC (Return On Invested Capital, NPV (Net Present Value, EVA (Economic Value Added, IRR (Internal Rate Of Return, ROE (Return On Equity, ROA (Return On Assets etc. are in use nowadays. In practice, managers cannot and do not want to apply all of these metrics and managers’ choice does not necessarily rely on what theory emphasizes as their advantages and disadvantages. We surveyed 64 CFOs in order to explore the corporate practice in the Republic of Serbia. The DCF-based capital budgeting metrics are dominant compared to the traditional metrics, and the one that is used the most is the profi tability index, only to be followed by the IRR and the NPV. The Payback Period is yet frequently used. The earnings-based corporate performance metrics are still the most important. However, the presence of EVA and balanced scorecard is not negligible. Large companies use them signifi cantly more than small companies. The orientation towards EVA and balanced scorecard increases with the internationalization of a fi rm as well. Finally, companies using sophisticated capital budgeting metrics are prone to using sophisticated corporate performance metrics.

  17. Suggestion of Islamic Insurance Company Model

    OpenAIRE

    Abdullah Ibrahim Nazal

    2015-01-01

    This study is one of very few studies which have investigated Islamic Insurance Companies as solution. It explained its operations also comparing with Traditional Insurance Companies and theoretical Islamic insurance models. As result to this study Islamic Insurance companies are profit organization. It helps Islamic banks but it costs customer to face expect risk. Islamic Insurance companies have many ways to get profits and consider all customers installments grants. Its operation gap comes...

  18. RESTRUCTURING COMPANIES UNDER CRISIS

    Directory of Open Access Journals (Sweden)

    Hezi Aviram SHAYB

    2016-12-01

    Full Text Available Nobody is planning to fail, but many companies are failing because of lack of planning. Real business experience showed during the years that crisis can be prevented, avoided or limited. If detected in time, the risks associated with the crisis can be mitigated and the effects can be diminished, with the condition that the actions required are done fast, in a sharp and accurate manner. When it comes, a crisis brings an intense level of pressure and under these conditions there is no time or room for mistakes. Delays, losing focus and lack of planning will bring a company one step away from failure. The right way to deal with crisis, if required measures are not done in time, is to minimize the losses and reposition in the best way possible. Analysing the success stories of some of the biggest and strongest companies in the world, led to an important conclusion: the majority of these companies were in the situation to face huge crises which threatened their ability to survive in certain moments, on their way to success. With the right planning and by setting a proper organisational structure, the negative aspects of the crisis can be turned into benefits and opportunities for the company. The most critical challenge for management is to assess the level of exposure to risk of the company and identify the key points to focus on in order to overcome the crisis and create value. In order to set up a strong plan in dealing with crisis, a business organisation needs reliable, efficient and effective tools and this is what this article is all about.

  19. As empresas da Região Metropolitana do Recife e a exploração de SI/TI The companies of Metropolitan Area of Recife and the exploration of SI/TI

    Directory of Open Access Journals (Sweden)

    Ana Paula Cabral Seixas Costa

    2006-08-01

    Full Text Available Este artigo apresenta os primeiros resultados obtidos com uma investigação sobre a exploração de Sistemas de Informação (SI e Tecnologia da Informação (TI em 37 (trinta e sete empresas da Região Metropolitana do Recife (RMR, sendo estas em sua maioria empresas privadas, que atuam no ramo de serviço, com faturamento anual médio abaixo de R$ 500.000,00. Este estudo exploratório tem por objetivo familiarizar os pesquisadores com a realidade do uso de SI/TI nesta região e permitir a construção de hipóteses sobre o tema.This article presents the first results obtained with an investigation about the exploration of Information Systems (IS and Information Technology (IT in 37 (thirty seven companies of the Metropolitan Area of Recife (RMR, being these in your majority deprived companies, that they act in the service branch, with medium annual billing below R$ 500.000,00. This exploratory study has for objective to familiarize the researchers with the reality of the use of IS/IT in this area and to allow the construction of hypotheses about theme.

  20. STRATEGIC MANAGEMENT OF HOTEL COMPANIES: CASE STUDY OF HOTEL COMPANIES IN VOJVODINA (SERBIA

    Directory of Open Access Journals (Sweden)

    Svetlana VUKOSAV

    2014-12-01

    Full Text Available Contemporary approaches to the management of the company are focused on achieving long-term success of the company in its complex and changing environment. Company as part of the wider environment, must adapt to the changing environment in order to survive, growing and developing. The task of strategic management is to enable the enterprise in the tourism industry to rationally and promptly react to changes in the environment in which it carries out its business and general activity. The aim of this paper is to determine whether and to what extent the process of the strategic management is being implemented in hotels in Vojvodina(that are changed ownership structure and what is their response to the competitive pressures and opportunities, and demands and needs of consumers Strategic positioning in order to achieve sustainable competitive advantage through product differentiation and segmentation of demand is imperative for success of hotel companies in Vojvodina.

  1. KNOWLEDGE IN LEARNING COMPANIES

    Directory of Open Access Journals (Sweden)

    Alexandrina Cristina VASILE

    2016-05-01

    Full Text Available Changes are the only constant value in the current unpredictable economy. Under these circumstances leaders and employees must manage the external and internal environment and bring profitability for their companies. This paper gives an introductory approach to different perspective over learning companies in international literature. Different theoretical aspects, models and theories are taken into account for having a higher visibility to the complex concept of learning companies from leadership side to multiculturalism as the firm profitability should be the final goal of each economic system. The article concludes that not the process of learning is important but the adaptability to every different environment must be seen as vital.

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

    Directory of Open Access Journals (Sweden)

    Hasan Mahmutović

    2017-04-01

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

  3. Biodiversity footprint of companies - Summary report

    NARCIS (Netherlands)

    Rooij, van W.; Arets, E.J.M.M.

    2017-01-01

    Companies are becoming increasingly aware of their impact on biodiversity and natural capital. This may result from their implicit dependence on natural capital, from increasingly more critical consumers, or from the genuine concern of company managers and owners. Consequently, companies have an

  4. Early stages of technology intensive companies

    OpenAIRE

    Muhos, M. (Matti)

    2011-01-01

    Abstract This study aims to clarify the early development stages of technology intensive companies. The current literature does not offer an extensive review of stage perspectives for company growth – the overall picture of the field is somewhat vague. The evolution of this field remains unclear as well as the current state. Further, recent empirical stage models focusing on technology intensive companies have not been delineated. As companies move through their early stages, they face ev...

  5. A Study on the Cost-Effectiveness of a SemiAutomated Cutting Process at a Garment Manufacturing Company

    Directory of Open Access Journals (Sweden)

    Castro, Mark Daniel

    2017-11-01

    Full Text Available The subject of the study, Company X, has been experiencing variations in the quantity report from the cutting department and the transmittal reports. The management found that these processes are hugely affected by manual labor. To reduce the system's proneness to human error, the management decided to explore the possibility of adapting a semi-automated spreading and cutting process in the system. This research aims to evaluate the pre-sewing processes of Company X and whether introducing automation can be beneficial to the company and the garments industry. The researchers used process mapping tools, descriptive research, and process flowchart to assess the current and proposed systems, and engineering economics to evaluate the cost and benefits of implementing the semi-automated system. The results showed that with the implementation of the semi- automated system; the company will incur 66.61% more savings per year than the current system. In terms of cycle time, the semi-automated system eliminated the relaxation of fabric before the cutting process, thereby greatly reducing cycle time. In addition, the researchers found that as long as the company produce more than 4,140 pieces per day for the system will be economically feasible. Unquantifiable benefits are also identified on introducing the semi- automated system to the company. The company can have a cleaner work environment that will lead to more productivity and greater quality of goods. This will lead to a better company image that will encourage more customers to place job orders.

  6. Crucial market demands and company competencies

    DEFF Research Database (Denmark)

    Jensen, Bjarne; Stacey, Julia

    1999-01-01

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

  7. Exploring knowledge management maturity from funcionalist and interpretivist perspectives

    Directory of Open Access Journals (Sweden)

    José Enrique Arias-Pérez

    2015-01-01

    Full Text Available The purpose of this article is to explore the Knowledge Management Maturity Model (KMMM in big companies that are pioneers in the implementation of KM practices in Medellin, Colombia. The KMMM integrates the Funcionalist and Interpretivist perspectives on knowledge management and consists of four key areas: Organization and People, Processes, Technology, and Interpretation. Cluster analysis helped establishing the ranges of the five maturity levels: Initial, Awareness, Defined, Managed, and Optimized. The results showed that only two companies overcame the “Defined” level, and the best performance was achieved in the Technology key area. In conclusion, the companies have difficulties at going further the implementation of basic KM initiatives and achieving a higher level of maturity associated with the articulation of KM practices with business processes and a higher degree of appropriation and usage by individuals. This may occur because of the preponderance of the Functionalist approach in the business context and the low level of penetration and integration with the Interpretivist perspective of KM.

  8. Coomunication Culture in a company

    Directory of Open Access Journals (Sweden)

    M V Korotitskaya

    2008-03-01

    Full Text Available The article substantiates the interconnections between the level of communicative culture in a company and the level of management, which shows the investment and financial attractiveness of the enterprise. The article reveals principles and methods of sociocommunicative technology, whose application positively affects the state of communicative culture of within a company. Application examples of these principles and methods in management of power grid companies in the Belgorod region are also given.

  9. Benchmarking in Mobarakeh Steel Company

    OpenAIRE

    Sasan Ghasemi; Mohammad Nazemi; Mehran Nejati

    2008-01-01

    Benchmarking is considered as one of the most effective ways of improving performance in companies. Although benchmarking in business organizations is a relatively new concept and practice, it has rapidly gained acceptance worldwide. This paper introduces the benchmarking project conducted in Esfahan's Mobarakeh Steel Company, as the first systematic benchmarking project conducted in Iran. It aims to share the process deployed for the benchmarking project in this company and illustrate how th...

  10. 77 FR 62378 - Supervisory and Company-Run Stress Test Requirements for Covered Companies

    Science.gov (United States)

    2012-10-12

    ... consolidated assets as reported on the bank holding company's four most recent Consolidated Financial Statement... bank holding company with total consolidated assets of $50 billion or more and each nonbank financial... consolidated assets of more than $10 billion and for which the Board is the primary federal financial...

  11. COMPANIES GROUPINGIN ALGERIAN AND COMPARATIVE LAW

    Directory of Open Access Journals (Sweden)

    H’oriya SOUIKI

    2017-12-01

    Full Text Available A business cluster is the merging of two businesses or more, under the authority of one company called the parent company; the companies under its control are called the affiliates. What raises the debate about business clustering is the contradiction that may appear, at first glance, in the modus operandi of this business cluster and the relationship existing between its structures, knowing that the affiliated company has a legal independent status, but is at the same time subordinate to the parent company and subject to its control. The absence of an independent and detailed legal text to organize the mysteries of this giant economic structure makes this debate more intense.

  12. Holding Norwegian companies accountable: the case of Western Sahara : an exploration of the Norwegian government's approach to dealing with Norwegian companies' complicity in violations of human rights abroad

    OpenAIRE

    Skogsrud, Marte

    2011-01-01

    Morocco illegally occupies the non-self-governing territory of Western Sahara, and they are strategically exploiting the natural resources rightfully belonging to the local Saharawi people. Both of these actions are in violation of international law and fundamental human rights. Norwegian companies have been complicit in Morroco‟s trade in natural resources thereby legitimising the occupation and exploitation in political, legal, moral and economic terms. In this context this thesis invest...

  13. 78 FR 49990 - Dean Foods Company and WhiteWave Foods Company; Filing of Food Additive Petition

    Science.gov (United States)

    2013-08-16

    .... FDA-2013-N-0888] Dean Foods Company and WhiteWave Foods Company; Filing of Food Additive Petition... the WhiteWave Foods Company proposing that the food additive regulations be amended to provide for the expanded safe uses of vitamin D 2 and vitamin D 3 as nutrient supplements in food. DATES: The food additive...

  14. Exploring the Impact of ISO 9001, ISO 14001 and OHSAS 18001 Certification on Financial Performance: The Case of Companies listed on the Bucharest Stock Exchange

    Directory of Open Access Journals (Sweden)

    Mihaela Ionașcu

    2017-02-01

    Full Text Available The purpose of this paper is to investigate the impact of ISO 9001, ISO 14001 and OHSAS 18001 certification on the financial performance of Romanian companies listed on the Bucharest Stock Exchange (BSE. Based on audited financial statements of a population of 67 non-financial companies listed during 2013-2015 and using regression models, this paper shows, for the first time in Romania, that companies listed on BSE, implementing complex management systems (quality – environmental and/or occupational health and safety perform better, and that their performance is directly linked to the complexity of the management systems implemented.

  15. Specifics of the Unearned Premium Reserve in the Accounting of Commercial Insurance Companies

    Directory of Open Access Journals (Sweden)

    Jana Gláserová

    2014-01-01

    Full Text Available Commercial insurance companies are liable to create, on the basis of risks arising from the fulfillment of the object of their activity, technical reserves, which are used to cover liabilities arising to insurance companies from insurance and reinsurance activity. The paper focuses on the technical reserve which is, in accordance with the accounting-legal regulation, created obligatorily in commercial insurance companies – it is the unearned premium reserve.The paper explores the role and place of this technical reserve in the accounting of the commercial insurance companies based on the analysis of its substance, i.e. the objective definition. The paper is based on the methodology of the accounting, evaluation and methods of determining the amount of the technical reserve which will affect the income from operations as well as income tax base of commercial insurance companies. The paper also studied the method of reporting of unearned premium reserve in accounting according to Czech accounting legislation in comparison with International Accounting Standards (IAS/IFRS. The aim of this paper is to determine the impacts of the creation and application of the unearned premium reserve on some important items of the financial statements, which are mainly the income of operations, equity capital and balance sheet as well as to identify the impacts of different reporting of this reserve according to Czech accounting legislation and in accordance with IAS/IFRS. Performing the analysis of the accounting-legal regulation of the unearned premium reserve in the insurance companies, the analysis of the method of accounting of this reserve and also the comparison of reporting of this reserve according to both mentioned regulations is a prerequisite for the fulfillment of the aim.

  16. Financial performances of Romanian wood industry companies

    Directory of Open Access Journals (Sweden)

    Fitim DEARI

    2015-06-01

    Full Text Available The purpose of this study is to analyze financial performances of 40 selected Romanian companies for the 2009-2013 period. The selected companies operate in the wood industry and we have used panel type data to perform a quantitative analysis. We have found that companies with higher total assets, current assets, average inventory and accounts receivables have higher sales. It seems larger companies with higher total and current assets (especially accounts receivable are more profitable than their counterparties. Similarly, larger companies with lower current assets, average inventory and accounts receivable have lower assets turnover. Companies with lower average inventory have higher ROA and assets turnover. Larger companies have more total and current assets, net profit, average inventory and accounts receivable than their counterparties, however they seem to display lower assets turnover and current to total assets ratio. Companies with higher current to total assets ratio have higher assets turnover and ROA.

  17. THE EFFECT OF HARD AND SOFT FACTORS ON THE SUCCESS OF A COMPANY

    Directory of Open Access Journals (Sweden)

    Peter Bóna

    2015-06-01

    Full Text Available What makes a company successful? What kind of instruments may it use to achieve outstanding results? Instruments necessary for effective operation depend remarkably on the current age and the environment surrounding the organisation. Various ages have had their different keys to success. This key has become more and more complex and complicated due to the continuous acceleration of world economy and the fact that distances have become negligible. The aim of this study is to explore, whether companies having an interest in the processing industry use hard or soft success factors as a key to achieve success. In order to do that, the research will identify the possible success factors first. Henceforward it will reveal the effect of the resulting factors on success by logistic regression, which will be examined via the balance scorecard by complementing the four classic aspects – as one of the pioneers – with a fifth one, i.e. sustainability. Thus it will become visible, to what extent strategic, structural, cultural and leadership success factors influence the performance of a company to reach excellence in accordance with the expectations of the owners, the customers, the employees and the social sphere. The results of the research will thereby show the unravelled correlations between the successful operation of a company and the instruments indicating hard and soft success affecting it.

  18. The specifics of uranium exploration in remote areas of western Australia

    International Nuclear Information System (INIS)

    Tsurikov, N.

    2009-01-01

    The uranium exploration activity in Western Australia has increased significantly in the last two years. Total currently identified uranium resources are in order of 100,000 tons of U 3 O 8 and it is likely that more uranium deposits will be found in the State. The exploration activity is typically carried out in very remote locations in Western Australia and, frequently, on the land that is subject to the Australian Native Title Act (1993) - in the areas where the potential radiation exposure of the Traditional Land Owners has to be considered. Aboriginal groups are an integral part of dynamic ecosystems, for whom to separate man from nature is a convention with little meaning when dealing with environmental impact, and this needs to be taken into account by uranium exploration companies. Indigenous peoples potential exposure to radiation as a result of uranium exploration cannot be modelled based on common assumptions. Indigenous people may be at a higher risk of radiation exposure at and around uranium exploration sites that may not have been adequately rehabilitated due to, for example: travelling on dusty roads in open vehicles, sitting on the ground, living and sleeping in temporary structures with earth floors, lack of adequate washing facilities, eating local biota and cooking in the ground, recreational activities (particularly by children). The radiation protection regulations in Western Australia are complex and somewhat confusing as there are three State government departments administering different regulations that may be applicable to uranium exploration. The paper discusses the specifics of required radiation monitoring and potential radiation exposure assessments in remote areas of Western Australia. The methods for the co-operation between exploration companies, government departments, and Traditional Owners to ensure safe and successful uranium exploration are also discussed.(Author)

  19. The Role of Home Country Political Resources for Brazilian Multinational Companies

    Directory of Open Access Journals (Sweden)

    Karina Regina Vieira Bazuchi

    2013-10-01

    Full Text Available This paper aims to analyze the interactions between home country governments and Developing Country Multinational Companies (DMNCs. Drawing on evidence from the Brazilian political environment and Brazilian multinationals we investigate the mechanisms governments use to influence the internationalization process of domestic companies and firms’ political strategic responses to shape the political institutional environment in which they operate. We argue that foreign direct investment (FDI outflows from developing economies need to be explored given specific country level contextual factors, such as high levels of government involvement. Our main findings support this idea and indicate that home country governments use a series of formal and informal mechanisms in order to drive the international expansion of DMNCs in both the entry and consolidation phases. Moreover, DMNCs political behavior in the home country political environment accounts for an important part of their strategy to develop political resources and obtain above average returns from governmental benefits.

  20. Organizational Diagnosis in Project-Based Companies

    Directory of Open Access Journals (Sweden)

    Behrouz Zarei

    2014-05-01

    Full Text Available The purpose of this article is to develop a new method for corporate diagnosis (CD. To this end, a method is developed for the diagnosis process of project-based companies. The article presents a case study in a large company where data have been collected through focus groups. Project delay, high project cost, and low profitability are examples of project deficiency in project-based companies. Such issues have made managers pay special attention to find effective solutions to improve them. Prominent factors are inappropriate strategy, structure, system, human resource management, and PMBOK(Project Management Body of Knowledge processes. Thus, CD and analysis is an important task in improvement of corporate performance. The CD model that is developed in this article could be used for project-based companies. The proposed method can be used for CD in any project-based company. This article provides an emphatic application of CD as a prerequisite for restructuring in project-based companies.

  1. Applying Blockchain Technology: Evidence from Norwegian Companies

    Directory of Open Access Journals (Sweden)

    Anne H. Gausdal

    2018-06-01

    Full Text Available The aim of this study is to develop a theoretical framework for blockchain, operations in particular. Furthermore, we aim to identify the main drivers and barriers of digital innovation and explore the general possibilities of blockchain applications within the maritime industry. A case study approach is applied: the Norwegian offshore industry. Primary data is collected through interviews, while secondary data is collected from industrial and company reports, the Internet, and national and international media reports. We have discovered that cost reduction intentions, the high level of regulation in the maritime industry, and the large amount of data that maritime companies should process, along with the intention to work more effectively, are the main drivers of digital innovation. On the other hand, the high cost of implementation, the bad quality of Internet connections offshore, the old age of decision-makers, the technology-oriented culture, the lack of investment initiatives, the low level of blockchain diffusion through the supply chain, and risk aversion are the main barriers. The results of the qualitative study show that some of the barriers and motives of digital innovation and the introduction to blockchain technology were pointed out by earlier studies. However, we have identified several unique drivers and barriers specific to the industry. Finally, the blockchain process framework is developed.

  2. Royal Dutch Petroleum Company annual report 1992

    International Nuclear Information System (INIS)

    Anon.

    1993-01-01

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

  3. Management of Corporate Culture through Local Managers' Training in Foreign Companies in China: A Qualitative Analysis

    Science.gov (United States)

    Zhao, Crystal L.

    2005-01-01

    Corporate culture is a complex phenomenon in foreign companies located in the People's Republic of China. For the management team of an international enterprise, it is a challenging task to manage cultural differences. Education and training provided to local managers might be one of the important solutions. Therefore, this study explores the…

  4. On the rate of return and risk factors to international oil companies in Iran's buy-back service contracts

    International Nuclear Information System (INIS)

    Ghandi, Abbas; Lin Lawell, C.-Y. Cynthia

    2017-01-01

    We analyze the rate of return (ROR) and risk factors faced by Shell Exploration, an international oil company (IOC), in its Soroosh and Nowrooz buy-back service contract in Iran. In particular, based on our models of cash flow, we analyze the buy-back contract specific risk factors that can contribute to a reduction in the rate of return for the international oil company. Our cash flow models resemble the cash flow of buy-back service contracts before the Iranian government changed the way it determined the capital cost ceiling and pre-defined the oil price in these contracts in 2008–2009. Our actual and contractual cash flow models reveal that Shell Exploration's actual ROR was much lower than the contractual level. Furthermore, we find that among the risk factors that we considered, a capital cost overrun has the greatest negative effect on the IOC's ROR. Moreover, we show that there is a potential for modifying the contracts in order for the IOC to face an actual ROR closer to the contractual ROR even if the contract faces cost overrun or delay, without exceeding the maximum contractual ROR that the National Iranian Oil Company is willing to give. - Highlights: • Buy-back contract specific risk factors can reduce the rate of return. • Shell Exploration's actual ROR was much lower than the contractual level. • A capital cost overrun has the greatest negative effect on the rate of return. • Contracts can be modified to better share the risk.

  5. 41 CFR 302-12.101 - May we enter into a contract with a relocation services company for the company to provide...

    Science.gov (United States)

    2010-07-01

    ... contract with a relocation services company for the company to provide relocation services? 302-12.101... the company to provide relocation services? Yes, you may enter into a contract with a relocation services company for the company to provide relocation services. ...

  6. 78 FR 35360 - Surety Companies Acceptable on Federal Bonds: Terminations-American Economy Insurance Company...

    Science.gov (United States)

    2013-06-12

    ...: Terminations-- American Economy Insurance Company (NAIC 19690); American States Insurance Company (NAIC 19704... Circular 570, 2012 Revision, published July 2, 2012, at 77 FR 39322. FOR FURTHER INFORMATION CONTACT... officials should annotate their reference copies of the Treasury Department Circular 570 (Circular), 2012...

  7. How to Analyze Company Using Social Network?

    Science.gov (United States)

    Palus, Sebastian; Bródka, Piotr; Kazienko, Przemysław

    Every single company or institution wants to utilize its resources in the most efficient way. In order to do so they have to be have good structure. The new way to analyze company structure by utilizing existing within company natural social network and example of its usage on Enron company are presented in this paper.

  8. Theoretical Basis Of The Company Competitiveness Assessment

    Directory of Open Access Journals (Sweden)

    Vladimir Nikiforovich Belkin

    2015-03-01

    Full Text Available The article deals with the basic theoretical questions of the company competitiveness assessment. The state of modern economic thought on this issue is shown. The main factors of the company competitiveness are specified. A specific role of staff of an enterprise is revealed: on the one hand, it is a resource, on the other is a subject, resulting in productive movement all factors of competitiveness, i.e. the staff is a critical factor in the company competitiveness. The criterion of company competitiveness is proposed, on its basis, the concept of “competitive enterprise” is defined. The most well-known approaches for assessing the company competitiveness are analyzed. The author’s method of the company competitiveness assessment based on the dynamics of the integral index of competitiveness is provided. For those cases, when it is impossible to determine the proportion of products on the market, it is proposed to evaluate the company competitiveness on the profitability of its production. The article shows the experience in calculating of the company competitiveness on the proposed author’s methods.

  9. Linkage between company scores and stock returns

    Directory of Open Access Journals (Sweden)

    Saban Celik

    2017-12-01

    Full Text Available Previous studies on company scores conducted at firm-level, generally concluded that there exists a positive relation between company scores and stock returns. Motivated by these studies, this study examines the relationship between company scores (Corporate Governance Score, Economic Score, Environmental Score, and Social Score and stock returns, both at portfolio-level analysis and firm-level cross-sectional regressions. In portfolio-level analysis, stocks are sorted based on each company scores and quintile portfolio are formed with different levels of company scores. Then, existence and significance of raw returns and risk-adjusted returns difference between portfolios with the extreme company scores (portfolio 10 and portfolio 1 is tested. In addition, firm-level cross-sectional regression is performed to examine the significance of company scores effects with control variables. While portfolio-level analysis results indicate that there is no significant relation between company scores and stock returns; firm-level analysis indicates that economic, environmental, and social scores have effect on stock returns, however, significance and direction of these effects change, depending on the included control variables in the cross-sectional regression.

  10. 77 FR 35 - Assessment of Fees on Large Bank Holding Companies and Nonbank Financial Companies Supervised by...

    Science.gov (United States)

    2012-01-03

    ... will work closely with the Board, to determine the population of assessed companies and the basis for...--Consolidated Balance Sheet) as reported on the bank holding company's four most recent Consolidated Financial... final rule is published and Treasury will work with the companies to verify the total assessable assets...

  11. Consumer-company Identification: Development and Validation of a Scale

    Directory of Open Access Journals (Sweden)

    Diogo Fajardo Nunes Hildebrand

    2010-07-01

    Full Text Available Consumer-Company Identification is a relatively new issue in the marketing academia. Bhattacharya and Sen(2003 explored the Social Identity theory and established Consumer-Company Identification as the primary psychological substrate for deep relationships between the organization and its customers. In the present study a new instrument was constructed and validated that permits the empirical verification of the phenomenon described by Bhattacharya and Sen (2003. The scale validated in the present study is the first to embrace the idiosyncrasies of the identification between consumers and organizations. The process was conducted through 3 independent data collections. The first one was collected using literature search and in-depth interviews with 12 undergraduate students and bachelors from different professional fields. The second data base was obtained from a survey of 226 undergraduate students from 3 universities in 2 big Brazilian cities. This data base was used for purification purposes using Explanatory Factorial Analysis. Finally, the Structural Equation Modeling technique was applied to analyze a third data base composed of 387 observations collected from the same 3 universities of the second study. The results confirm the content, convergent and discriminant validity of the new scale proposed.

  12. Innovation Initiatives in Large Software Companies

    DEFF Research Database (Denmark)

    Edison, Henry; Wang, Xiaofeng; Jabangwe, Ronald

    2018-01-01

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

  13. Persian Records by the Lindström Company: Triangle of Political Relationships, Local Agents and Recording Company

    NARCIS (Netherlands)

    Mohammadi, M.

    2011-01-01

    The earliest engagement of German gramophone companies in recording Persian music dates back to 1906-7, when three tracks were recorded for the Beka Company and a dozen recordings were issued on the Globophon label. About twenty years later the Lindström company was engaged in the process of

  14. 75 FR 21718 - Canadian National Railway Company and Grand Trunk Corporation-Control-EJ&E West Company 1

    Science.gov (United States)

    2010-04-26

    ... headquarters in Washington, DC. The purpose of the hearing is for Canadian National Railway Company (CN) to... Railway Company and Grand Trunk Corporation-- Control--EJ&E West Company \\1\\ \\1\\ This decision also... Room on the first floor of the Board's headquarters at Patriot's Plaza, 395 E Street, SW., Washington...

  15. Stock Performance of Socially Responsible Companies

    Directory of Open Access Journals (Sweden)

    Huang Tzu-Man

    2016-12-01

    Full Text Available Every year Corporate Responsibility Magazine selects and ranks 100 companies on the basis of their corporate social responsibility. This study investigates the stock performance of socially responsible companies in the U.S. The monthly stock returns for these companies are analyzed and compared with the market performance, with the S&P 500 index designated as a proxy for the market. The empirical evidence suggests that these 100 companies outperform the market in their monthly stock returns. We also narrow down the number of companies selected to the top 75, 50, 25, and 10 firms. As we narrow down the companies selected, the difference between their returns and the market returns also narrows. In other words, a portfolio that includes all top 100 companies provides the best stock performance. We extend the analysis to long-term annual stock performance. We find that these socially responsible companies′ annual returns are higher than the market returns for up to seven years after they are listed. We also conduct the same analysis on the top 75, 50, 25, and 10 firms, respectively. Similarly, the larger the number of these top 100 companies, the greater the tendency to generate higher annual returns. We suspect that because the difference between the socially responsible companies′ average returns and the market returns is not dramatic, with a bigger population and thus a larger sample size, the difference becomes more significant. However, in practice, transaction costs must be considered. This study is limited in that it does not consider transaction costs. Nevertheless, we hope to shed some light on the issue of socially responsible companies′ stock performance to encourage companies to start thinking about the importance of corporate social responsibility.

  16. Strategic foresight for collaborative exploration of new business fields

    DEFF Research Database (Denmark)

    Heger, Tobias; Rohrbeck, René

    2012-01-01

    To ensure long-term competitiveness, companies need to develop the ability to explore, plan, and develop new business fields. A suitable approach faces multiple challenges because it needs to (1) integrate multiple perspectives, (2) ensure a high level of participation of the major stakeholders...... and decision-makers, (3) function despite a high level of uncertainty, and (4) take into account interdependencies between the influencing factors. In this paper, we present an integrated approach that combines multiple strategic-foresight methods in a synergetic way. It was applied in an inter......-organizational business field exploration project in the telecommunications industry....

  17. The prevalence of implementation of mental health measures in companies and its association with sickness absence.

    Science.gov (United States)

    Pas, L Willemijn; Boot, Cécile R L; van der Beek, Allard J; Proper, Karin I

    2016-03-01

    The main objective was to determine the prevalence of implementation of mental health measures aimed at the prevention of high workload (workload measures) and the promotion of work engagement (engagement measures) in companies and sectors. Additionally, its associations with sickness absence was explored. Cross-sectional survey. An internet-based survey among 12,894 company representatives in the Netherlands. Descriptive analyses were performed to determine the prevalence, and differences between sectors were tested using Chi-squared tests. ANOVA was performed to examine the association between companies with or without mental health measures and sickness absence rates. 32.8% and 21.7% of the companies reported to have implemented 'continuously or often' workload measures and engagement measures, respectively. The sectors 'health care and welfare' and 'education' reported to have implemented measures most often. Having implemented engagement measures was significantly associated with lower sickness absence (4.1% vs 4.5%). Overall, workload measures were more often implemented than engagement measures. Future research is recommended to determine reasons for implementation as well as causality in the association between mental health measures and sickness absence. Copyright © 2015. Published by Elsevier Ltd.

  18. Petroleum activity in the Russian Barents Sea: constraints and options for Norwegian offshore and shipping companies

    Energy Technology Data Exchange (ETDEWEB)

    Moe, Arild; Rowe, Lars

    2008-09-15

    Presently most attention in the Barents Sea is given to the Shtokman project. Experience from development of this field, where there are still many uncertainties, will have large consequences for the further development program and relations with foreign companies. The exploration activity going on is fairly limited, but over the last few years there has been a struggle over licenses and control over exploration capacity. In the medium term the goal of rapid development of the Arctic continental shelf has become intertwined with a comprehensive government effort to modernise the domestic shipbuilding industry to make it able to cover most of the needs offshore. With the shipbuilding industry in a deep crisis these goals are not fully reconcilable. Russia will either have to accept more foreign involvement, or scale down its offshore ambitions. We believe a combination of the two alternatives is likely. This means that there will still be room for foreign offshore and shipping companies, but that the total amount of activity on the continental shelf will not be as great as stated in official plans. (author). 100 refs., map

  19. 17 CFR 230.489 - Filing of form by foreign banks and insurance companies and certain of their holding companies...

    Science.gov (United States)

    2010-04-01

    ... that is a foreign bank or foreign insurance company excepted from the definition of investment company... is excepted from the definition of investment company by rule 3a-1 (17 CFR 270.3a-1) under the 1940... excepted from the definition of investment company by rule 3a-6 under the 1940 Act. (b) The requirements of...

  20. Know your company - and its environment

    DEFF Research Database (Denmark)

    Skytte, Hans; Jørgensen, Betina

    2006-01-01

    How does a company perceive its environment and its role in its environment? What constitutes a company's identity, and how strong is this identity? Does it for instance manifest itself clearly in the company's actions, in its strategies and products? These are questions that Professor Hans Skytt...... asked in a project financed by the Norma and Frode Jacobsen Foundation....

  1. Organigraphs: drawing how companies really work.

    Science.gov (United States)

    Mintzberg, H; Van der Heyden, L

    1999-01-01

    Walk into any organization and you will get a snapshot of the company in action--people and products moving every which way. But ask for a picture of the company and you will be given the org chart, with its orderly little boxes showing just the names and titles of managers. Now there's a more revealing way to depict the people and operations within an organization--an approach called the organigraph. The organigraph is not a chart. It's a map that offers an overview of the company's functions and the ways that people organize themselves at work. Perhaps most important, an organigraph can help managers see untapped competitive opportunities. Drawing on the organigraphs they created for about a dozen companies, authors Mintzberg and Van der Heyden illustrate just how valuable a tool the organigraph is. For instance, one they created for Electrocomponents, a British distributor of electrical and mechanical items, led managers to a better understanding of the company's real expertise--business-to-business relationships. As a result of that insight, the company wisely decided to expand in Asia and to increase its Internet business. As one manager says, "It allowed the company to see all sorts of new possibilities." With traditional hierarchies vanishing and newfangled--and often quite complex--organizational forms taking their place, people are struggling to understand how their companies work. What parts connect to one another? How should processes and people come together? Whose ideas have to flow where? With their flexibility and realism, organigraphs give managers a new way to answer those questions.

  2. Health promotion interventions in social economy companies in Flanders (Belgium).

    Science.gov (United States)

    Hublet, Anne; Maes, Lea; Mommen, Jasmine; Deforche, Benedicte; De Bourdeaudhuij, Ilse

    2016-01-05

    Disadvantaged groups are often not reached by mainstream health promotion interventions. Implementing health promotion (HP) interventions in social economy companies, can be an opportunity to reach those people. The implementation of these interventions in social economy companies was studied. Factors that could be related to the implementation of HP and being supportive towards implementation in the future, were investigated. An online, quantitative survey was sent to all 148 sheltered and social workshops in Flanders. In the questionnaire, the status of HP interventions and characteristics of the workshop were explored. Personal factors (such as attitudes towards HP, behavioural control, social norms and moral responsibility) were asked to the person responsible for implementation of HP interventions. Univariate and multivariate logistic regressions were performed. Respondents of 88 workshops completed the questionnaire. Almost 60% of the workshops implemented environmental or policy interventions. Having a positive attitude towards HP, being more morally responsible, and having the subjective norm that employees are positive towards health promotion at work, were related to being more supportive towards the implementation of HP in the univariate analyses. Only attitude stayed significantly related to being more supportive towards the implementation of HP in the multivariate analyses. Sheltered and social workshops are open to HP interventions, but more can be done to optimize the implementation. To persuade persons responsible for the implementation of HP to invest more in HP, changing attitudes concerning the benefits of health promotion for the employee and the company, is an important strategy.

  3. Launch Effort and NPD Success: A Study of Technology Intensive Companies in Finland

    OpenAIRE

    Matti J. Haverila; Nicholas Ashill

    2014-01-01

    In this paper, we present an exploratory investigation of the types of product launch tactics managers use in technology-intensive companies in Finland and explore the role that such tactics play in differentiating between successful and unsuccessful NPD outcomes. Our findings indicate that managers perceive two types of tactical product launch tactics during the NPD process, which we label "promotions and sales-distribution effort" and "production start-up effort". All tactical launch effort...

  4. Performance evaluation of Central European companies

    Directory of Open Access Journals (Sweden)

    Petr Fiala

    2015-10-01

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

  5. Solvency and Liquidity in Shipping Companies

    Directory of Open Access Journals (Sweden)

    Heejung Yeo

    2016-12-01

    Full Text Available This study examines factors affecting the solvency of shipping firms. The paper uses a panel dataset and employs the GLM and FGLS regression analyses. This study explores the financial structure of top 130 shipping firms provided by the Factiva database during the period between 2009 and 2013. The paper finds that liquidity is closely related to the leverage of shipping companies. The negative association between the asset liquidity and the leverage level implies that there exist conflicts of interest between managers and investors. Shipping firms have a comfortable high liquidity position, but they have a high degree of leverage. They need to take steps to reduce debts. There is evidence of heterogeneity in the determinants of leverage level. The paper also finds that the variables such as profitability, FSIZE, FAGE influence differently the leverage level whether the debt is short-term or long-term.

  6. Valuating the Investment Efficiency of Distribution Companies

    Directory of Open Access Journals (Sweden)

    M. Karajica

    2007-01-01

    Full Text Available The task of this study is to valuate the investment efficiency of distribution companies. Although a series of publications and studies has been dedicated to this topic, it is difficult to find a general consensus in defining the investment efficiency of a company. Nevertheless if we simplify an imaginary  company as a production unit in which a series of actions transforms inputs to outputs, efficiency can be understood as like an effort to achieve maximum value of the outputs together with minimum usage of inputs, where the inputs constitute investments by a company. The investment efficiency of a company can be measured by expressing the absolute values of selected inputs and outputs, a relative expression of inputs and outputs, and perhaps an expression of the difference between them. However, an examination of the efficiency of a certain company is impossible without a valuation of other companies. In view of the amount of benchmarking, it should be emphasized, that this study is dedicated to a certain category of benchmarking, which we may term investment benchmarking. This benchmarking can be defined as a comparison of companies in terms investment efficiency. The purpose of this comparison is not only to investigate levels of investment efficiency and to relate them to other companies from the same branch, but also to locate the greatest efficiency and indicate potential improvement. 

  7. A critical review of literature on-the-job training’s incidence and its effects in Company

    Directory of Open Access Journals (Sweden)

    Lorena Alikaj

    2017-03-01

    Full Text Available This theoretical article aims to collect and review critically some empirical findings and researches on the incidence of employer training and the economic effects of it on company. It’s aimed to clarify the type of training that companies ensure on the work place, the frequency of training. Is it true that after training, employees have higher chances of promotion and mobility? What are the benefits from the point of view of the companies for them? Is it measurable this investment in human capital? Knowing correctly the literature related to the questions above, it helps the policymakers to formulate the right policies for equality of earnings and accessing on-the-job training, decrease chances for gender discrimination and increase the long run return of the company that makes training among employees. There is a higher interest studying the incidence, determinants, and effects of company training, supported by more reliable data and sophisticated research techniques and instruments. On the other hand, as the interest for the topic increases, so the confusion surrounding this literature does. There are a few empirical articles for the case of Albania. Identifying the right literature and developments on the topic should help the other researchers to explore the field and to contribute with updated findings for Albania’s job market.

  8. Exploring Talent Management through Competency-based Profiling Model for More Effective Training and Development Planning – Case Herman IT

    OpenAIRE

    Nguyen Hong, Hanh

    2016-01-01

    Human resource management is a pivotal part in driving a company to success. This stands true for all companies in every industry, including the currently booming technology industry. Herman IT - a Kajaani-based technology company - is planning to establish its own human resource management (HRM) department and needs of a competency-based talent management model as a guideline for its HRM. The purpose of this research is to explore Herman IT’s current talent management and compare it to a com...

  9. Power companies international year book 1997

    International Nuclear Information System (INIS)

    Anon.

    1996-12-01

    The Power Companies International Yearbook covers around 250 major international power generating and distributing companies worldwide, giving a comprehensive overview of this dynamic global industry. Both publicly and privately owned companies are features. It details financial performance, ownership status, affiliated businesses, activities, operations, key personnel, type/capacity of generation, subsidiary activities and plans for diversification within and outside the global power sector. (Author)

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

    Directory of Open Access Journals (Sweden)

    Grzegorz Zasuwa

    2017-06-01

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

  11. Global Canucks : from the jungles of South America to Australia's outback, Canadian companies are wildcatting under the fluttering Maple Leaf

    Energy Technology Data Exchange (ETDEWEB)

    Stastny, R.P.

    2010-10-15

    This article described the how the Canadian company Gran Tierra Energy has expanded its operations to Australia and Colombia in South America. The companies 3 main criteria for judging its overseas projects include good geology, good fiscal terms and stable government policies. As a petroleum geologist, the president of the company gained expertise while exploring for and producing oil in North Africa, in Southeast Asia, and in Alaska. The experience laid the foundation for the company's success overseas. The challenges associated with overseas work were discussed, with particular reference to environmental liability, Aboriginal issues and planning. Companies are drawn to overseas operations primarily because of an expectation to create more value per dollar invested, compared to domestic opportunities. International operators face complexities that demand understanding of everything from tricky tax laws, difficulties repatriating proceeds, and logistical and technical challenges of expropriation of assets. The rewards, however, include huge resource potential, fiscal incentives, market opportunities and joint venture opportunities. 5 figs.

  12. Exploring Diversity of Learning Outcomes in E-Learning Courses: Results of a Qualitative Study in a French Multinational Company

    Science.gov (United States)

    Baudoin, Emmanuel

    2010-01-01

    The implementation of e-learning by companies in France is ongoing. One of their issues is to improve the learning experience of their employees. From our point of view, this implies that they must better understand the learning experience of the employees. This paper suggests a qualitative approach to learning in order to identify the diversity…

  13. Leadership, organizational culture, knowledge productivity and value creation in four successful Korean companies: toward guidelines for people-oriented business leaders

    NARCIS (Netherlands)

    Kang, S.

    2015-01-01

    This study explores the relationships between leadership characteristics, organizational culture, knowledge productivity and value creation in leading Korean corporations. The empirical part of this study is based on the selection of four highly successful and leading companies, namely LG

  14. Online Company-stakeholder Communication

    DEFF Research Database (Denmark)

    Eriksen, Rikke Augustinus; Morsing, Mette

    Based on a systematic data collection we study one of the first pioneering company-stakeholder communication campaigns in social media: the case of energy company Vattenfall A/S’s pan-European campaign ‘The Climate Manifesto’. Our findings challenge the general assumption, that stakeholder...... lacked between the company and stakeholders. Vattenfall was accused of green-washing, resulting in a communications crisis. Negative stakeholder reactions consisted of prejudiced and non-negotiable argumentation indicating that social media imposes new managerial challenges since communication processes...... technologies and we question to what extent social media serve the enhancement of improved understandings across corporate and civil society on CSR issues. This paper suggests that managers face a risk of the “double-edge of stakeholder communication” when incorporating social media into their CSR strategies...

  15. Is ownership the decisive factor in collaborations between occupational health services and client companies?

    Science.gov (United States)

    Schmidt, Lisa; Sjöström, John; Antonsson, Ann-Beth

    2017-01-01

    Swedish employers are required to use external resources such as Occupational Health Services (OHS providers) if their own knowledge of occupational health and safety is insufficient. Some large employers have their own in-house OHS units but it is more common to engage the services of an external provider. However, no studies have been carried out from a critical perspective regarding how ownership of the OHS provider is related to a successful collaboration with client companies. This study explores the extent to which the six key factors for a successful collaboration are related to ownership and seeks to identify the challenges that the different models of ownership pose. Interviews with 15 client companies and their OHS providers were conducted in order to identify key factors in achieving a successful collaboration with an OHS provider. This study utilizes existing data to identify challenges related to ownership. Two key factors were identified with challenges related to ownership of the OHS provider: The importance of having a long-term perspective when building a relationship; and ensuring that collaboration extends beyond the client's HR Department to the various organisational levels of the company. Whatever form the ownership of an OHS provider may take, each comes with its own specific set of challenges that must be managed in order to achieve a successful collaboration with the client company.

  16. Brand Building in Born Global Firms : The role of digitalization in brand building in young B2B Born Global companies internationalization

    OpenAIRE

    Kjellstrand, Johan; Samar, Ouf

    2017-01-01

    Purpose: The purpose of this thesis is to create a deeper understanding of the impact of digitalization on branding and brand building in the internationalization of B2B Born Global SMEs. Design/methodology: The methods used were a mixed qualitative methodology including both interviews and open-ended surveys. With an explorative and descriptive purpose, this study aimed to deliver depth and specific knowledge. The sample companies were young SME, B2B companies in northern Sweden that either ...

  17. Company welfare and social work ethics: a space for social work? : A discussion based on cases from Norway and Tanzania.

    Directory of Open Access Journals (Sweden)

    Anne Ryen

    2015-03-01

    Full Text Available This article deals with company welfare and social work ethics. If social work is concerned with welfare and distributional issues, we would assume company welfare to be an issue of great relevance to social workers, so why do we not come across any social workers in our fieldwork? This calls for the simple question “where do social workers work?” or rather “how come social workers do not work in private companies?” We explore into the combination of social work and private companies with special reference to social work ethics to discuss private companies as a job arena for social workers. We argue that in a sector aiming at profit, social workers may trigger off employees enthusiasm, but employer scepticism. However, by avoiding a less stereotyped notion of private companies, company welfare and social work we claim that certain social work ethical principles would be of joint interest to the involved, but more so in certain contexts than in others.The article consists of six sections. After the introduction, we take a closer look at company welfare followed by a section on social work where we focus on ethical principles and work arenas for social workers. In section four we present our data from some private companies in Norway and Tanzania as a point of departure to our discussion in section five on private companies as a potential job arena for social workers. The complexity of company welfare does not call for simple answers. In the conclusions, section six, we therefore argue that the ethical principles of social work make it an interesting and relevant competence in managing company welfare, though not unproblematic in the homeland of profit. However, contextual complexity invites contextual responses.

  18. LEADERSHIP DEVELOPMENTS IN SLOVENIAN COMPANIES

    Directory of Open Access Journals (Sweden)

    Andrej Kohont

    2016-04-01

    Full Text Available In this paper we study the relationship between the company and the leaders. We are interested what is characteristic of leadership in the best Slovenian companies. We used standardised employee questionnaire and data gathered in the Golden thread project. We observe the situation in these companies in the period between 2007 and 2014 to find out if there are any significant changes in leadership developments. Special attention in leadership observation is devoted to 1. The fundamental relationship between the company and the leaders, 2. The role and quality of leaders work, 3. Organizational culture, climate and relationships, 4. Entrepreneurship and innovation, 5. The quality of the working environment, 6. The personal growth and development and 7. Emotional commitment. The analysis represents an insight into current leadership situation and shows that the recent developments were heavily marked by the economic crisis, especially in 2009.

  19. Analysis of the impact of ISO 14001 in the economic variables of the Spanish ceramic tile industry's companies

    International Nuclear Information System (INIS)

    Peiro-Signes, A.; Segarra-Ona, M.; Mondejar-Jimenez, J.; Vargas-Vargas, M.

    2013-01-01

    The increased in the adoption of formally environmental certified practices through environmental management systems is a provable fact. Its implementation, which has a high cost for the companies, is expected to generate benefits, although the relation between the implementation of ISO 14001 and its influence on the improvement of economic indicators over time has not been documented. This paper analyzes the relation between the implementation of an environmental management system, the ISO 14001, and economic performance in the short, medium and long term for the companies of the Spanish ceramic tile industry. It explores the economic indicators for each of the 66 manufacturing companies which have implemented the aforementioned standard from 1996 until 2009 through a comparison with a control group. Results show that ISO 14001 does not affect the economic results of the studied companies. We have not found significant differences in the operating income values, neither in the increase in revenues in the long term in any of the three analyzed periods, contrary to the expected results. (Author) 60 refs.

  20. The Examination of the Corporate Governance System at Supplier Companies: Empirical Evidence from Hungarian Automotive Industry Ercsey Ida

    Directory of Open Access Journals (Sweden)

    Ercsey Ida

    2016-06-01

    Full Text Available Information management and the organizational structure can contribute to the firms’ competitive advantage and business success. In the first part of our study we summarize the results we obtained by analyzing the corporate governance system in connection with the structure of enterprises and their decision making. Then we have an insight into the leadership style of the suppliers from the point of view of the participation of the staff in decision making. In the second part we analyze the information management of the supplier companies on the basis of the answers from the management. We evaluate the strategic and the operational concept of information management, proceeding from the strategy-making activity. The accomplishment of permanent renewal and willingness to innovate are both indispensable for achieving elasticity in organizations. We explore how the suppliers introduce innovation in connection with the firm structure and the information system. Finally, we consider how some essential company characteristics, namely company size, ownership, region, and the width of the product assortment, affect various company functions.

  1. Offshore Companies and the Fiscal Paradise

    OpenAIRE

    CORINA ALEXANDRA VITELAR

    2006-01-01

    The present article introduces the reader in the problem of tax heaven and offshore companies. We tried to present, both positive and negative aspects of this problem. On one hand, this type of companies can help a multinational corporation in its economical and financial global projections, but, on the other hand, these companies can be use as extremely efficient instruments of tax evasion and money laundry

  2. Open Source Telecommunication Companies

    OpenAIRE

    Peter Liu

    2007-01-01

    Little is known about companies whose core business is selling telecommunications products that lever open source projects. Open source telecommunications (OST) companies operate in markets that are very different from typical software product markets. The telecommunications market is regulated, vertically integrated, and proprietary designs and special chips are widely used. For a telecommunications product to be useful, it must interact with both access network products and core network pro...

  3. Food Marketing to Children Online: A Content Analysis of Food Company Websites.

    Science.gov (United States)

    Hurwitz, Lisa B; Montague, Heather; Wartella, Ellen

    2017-03-01

    Since 2006, many U.S. food and beverage companies have pledged to market healthier foods to children to help combat the childhood obesity epidemic. Despite this, companies' expenditures on online advertising have increased of late. To explore this seemingly contradictory situation, the authors conducted a content analysis of approximately 100 food and beverage brand websites, examining a multitude of online marketing practices across a variety of different products, as well as the relationship between marketing techniques and the nutritional profile of promoted foods. This is the first study to examine if nutrition varied by marketing technique. Few brands maintained child-oriented websites, but the brands that did have child-oriented websites included a large number of games promoting particularly obesogenic food products. Somewhat surprisingly, games with many brand identifiers were paired with slightly less obesogenic foods. These findings present a mixed picture of the threat posed by online child-oriented food marketing.

  4. Fuel buyers guide: company data

    International Nuclear Information System (INIS)

    Anon.

    1991-01-01

    Four major listings relating to nuclear fuel services are provided. 1. A fuel buyer's guide listing companies under alphabetical order of country and giving addresses and an indication of the services offered. 2. A fuel buyers guide classifying companies in alphabetical order of the services offered. 3. A fuel and front end facility listing subdivided into companies involved in: uranium ore processing; uranium refining and conversion; enrichment; fuel fabrication; heavy water production; zirconium metal production; and zirconium tube production. 4. A fuel and front end facilities listing giving operators' addresses under alphabetical order of country. (UK)

  5. Panorama 2016 - Investment in exploration/ production: the end of an upward cycle

    International Nuclear Information System (INIS)

    Hureau, Geoffroy

    2015-12-01

    After a relatively stable 2014, global investment in exploration/production fell by more than 20% in 2015. The decline was particularly sharp for independent companies and affected every region around the globe to some extent. The sole exception was the Middle East, where expenditures rose slightly. (author)

  6. Oil Exploration and Production in Africa since 2014. Evolution of the Key Players and their Strategies

    International Nuclear Information System (INIS)

    Auge, Benjamin

    2018-05-01

    The fall in oil prices, which began in fall 2014, had a significant influence on the strategies of the key players in the oil industry in Africa. The continent's oil sector has experienced deep-reaching changes, ranging from a drop in exploration budgets, the disappearance or sale of weakened companies, the reorganization or pullback of the traditional oil majors, the establishment of new companies and the arrival of state-owned companies attracted by the crisis-induced windfall effects. Yet the crisis has not redefined the geography of African production, whose principal giants are and will continue to be Nigeria, Angola, Algeria and Libya, at least in terms of reserves. Nevertheless, new zones have emerged, in particular due to the risks taken by junior players backed by powerful investment funds that have had faith in the potential of geologists and technical teams formerly employed by the big companies. This is first of all the case in East Africa, for oil, in Uganda and Kenya, along with gas, with Tanzania and Mozambique. Several very significant oil and gas discoveries have been made in a new basin located between Mauritania and Guinea, contributing to its development. However, no single African model has taken shape, as each company has followed its own path in making decisions about acquisition and exploration. Whereas traditional players, such as the Western majors ENI and Total, have continued to invest on this continent that plays a central role in their global production and strategy, some big companies, such as ConocoPhilipps, have quite simply left the field, while others, such as BP and ExxonMobil, have made new high-risk acquisitions. As for the large Asian state-owned companies, China's investments in exploration and production have tended to stagnate (concerning CNPC and Sinopec in particular), while others, such as the Indonesian Pertamina or India's ONGC, have significantly bolstered their presence. The disengagement of the

  7. 17 CFR 250.7 - Companies deemed not to be electric or gas utility companies.

    Science.gov (United States)

    2010-04-01

    ... status afforded by paragraph (b)(1) of this section, any such company shall file with this Commission a... a statement of receipts and expenditures for such year and of financial status at its end. (3) As a prerequisite to retaining the status afforded by paragraph (b)(1) of this section, any such company shall...

  8. Does company size matter? Validation of an integrative model of safety behavior across small and large construction companies.

    Science.gov (United States)

    Guo, Brian H W; Yiu, Tak Wing; González, Vicente A

    2018-02-01

    Previous safety climate studies primarily focused on either large construction companies or the construction industry as a whole, while little is known about whether company size has significant effects on workers' understanding of safety climate measures and relationships between safety climate factors and safety behavior. Thus, this study aims to: (a) test the measurement equivalence (ME) of a safety climate measure across workers from small and large companies; (b) investigate if company size alters the causal structure of the integrative model developed by Guo, Yiu, and González (2016). Data were collected from 253 construction workers in New Zealand using a safety climate measure. This study used multi-group confirmatory factor analyses (MCFA) to test the measurement equivalence of the safety climate measure and structure invariance of the integrative model. Results indicate that workers from small and large companies understood the safety climate measure in a similar manner. In addition, it was suggested that company size does not change the causal structure and mediational processes of the integrative model. Both measurement equivalence of the safety climate measure and structural invariance of the integrative model were supported by this study. Practical applications: Findings of this study provided strong support for a meaningful use of the safety climate measure across construction companies in different sizes. Safety behavior promotion strategies designed based on the integrative model may be well suited for both large and small companies. Copyright © 2017 National Safety Council and Elsevier Ltd. All rights reserved.

  9. Influence of new customs procedures and logistic security standards on companies competiveness – a Croatian company case study

    Directory of Open Access Journals (Sweden)

    Aleksandar Erceg

    2014-12-01

    Full Text Available In today’s global market, companies are constantly confronted with the competition on the local, national and international level. Companies therefore use a variety of strategies and tools to become and/or remain competitive. Potential areas for cost reduction in companies are supply chain management and logistic and customs procedures. Implementation of various logistic standards in supply chain management can provide significant cost savings for the company’s daily operations and thus reduce overall costs and improve the competitiveness. Using different customs procedures and logistic standards to reduce their costs and become more competitive in the market is necessary for Croatian companies. The method of using these tools is not a one-time process and requires constant efforts. Companies therefore have to be ready to improve daily to be and remain competitive. Using a variety of modern customs procedures can save their money and time, not only through these procedures, but also through better use of their employee’s time, their own vehicles and other equipment. The paper analyzes various customs procedures and logistic standards that can help companies save time and money and improve their competitiveness. In the example of Croatian company, which uses various available procedures and standards the benefits of their use are shown. Apart from bringing savings in operations, all these procedures and standards allow the company to be better, cheaper and more attractive to buyers.

  10. Environmental management system in companies

    International Nuclear Information System (INIS)

    Bonanno, C.

    1995-01-01

    The environmental management system, as the whole coordinated initiatives 'environmental oriented' introduced by companies in their organization, is discussed. Strategic weight that companies have to be present at the environmental management system is enlisted. Finally, the new professional figures of environmental technicians and environmental manager is discussed

  11. Organisational architectres of multinationale companies

    OpenAIRE

    Křivanová, Jana

    2009-01-01

    At work I try to define a few concepts - globalization, multinational companies and organizational architecture. Should also bring the development and analyze the structures of multinational companies, and show their use in practice. Zoom in further development of organizational structures with regard to the global crisis.

  12. Exploring domestic partnership benefits policies in corporate America.

    Science.gov (United States)

    Davidson, Elizabeth L; Rouse, Joy

    2004-01-01

    This article examines the domestic partner benefits (DP benefits) movement in corporate America, among Fortune 500 companies. An unprecedented number of Fortune 500 corporations started to extend equal benefits to their employees in the late 1990s. One-third of Fortune 500 companies now extend DP benefits to their gay employees despite national refusal to legally recognize same-sex unions. We provide a macro analysis of the 2002 Fortune 500 companies to explore the characteristics of the corporations that offer the benefits and the impetus for adopting these new gay friendly policies. Findings are that top ranked Fortune 500 and industry leaders act as benchmarkers for the corporate community. Region of the corporate headquarters and commitment to diversity issues also inform these organizational changes. Isomorphisic processes offer viable explanations for the transformation of the corporate climate that touts DP benefit policies as "the right thing to do" and considers these policies as good business sense in order to compete for employees. The DP benefits movement reflects corporate America trying to enhance their reputational capital by including gay issues as part of their diversity programs and policies.

  13. Exploration of the Key Lake uranium deposits, Saskatchewan, Canada

    International Nuclear Information System (INIS)

    Gatzweiler, R.; Schmeling, B.; Tan, B.

    1981-01-01

    In 1969, one year after the discovery of the Rabbit Lake uranium deposit, exploration started in the Key Lake area as part of a major uranium rush into Northern Saskatchewan, and within the frame of a joint venture. The area was not chosen on the basis of a particular metallogenetic concept. The lack of exploratory success in 1969 and 1970, together with the introduction in March 1970 of foreign ownership restrictions for uranium mining in Canada, discouraged six of the nine companies forming the original joint venture. In 1971 the three remaining companies decided to continue under a redefined concept, based on the knowledge obtained from the Rabbit Lake deposit (Uranerz had acquired a 49% share in 1970) and from the newly discovered uranium deposits in the Pine Creek Geosyncline, Australia. In the same year, exploration work resulted in the discovery of two high-grade mineralized boulders and significant radioactive and geochemical anomalies 5 km SW of Key Lake deposits. Subsequent exploration, aimed at finding the source of the mineralized boulders, comprised geological, glacial geological and ground radiometric surveys, boulder tracing, air-photo interpretation, lake sediment and muskeg sampling surveys, radon surveys, ground magnetic, gravity, electromagnetic and IP surveys, and drilling. The systematic exploration efforts resulted in the discovery of the Gaertner ore body in July 1975 and the Deilmann ore body in June 1976, where glacial geology, lake sediment sampling, magnetic and electromagnetic surveys were the key methods in defining the drilling targets. Three further years and a total of about 2400 drillholes were needed to fully delineate the two ore bodies. (author)

  14. Facebook marketing for a direct selling company

    OpenAIRE

    Egeberg, Chenette

    2015-01-01

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

  15. The systematic risk study in technology companies at Brazil

    Directory of Open Access Journals (Sweden)

    Marcio Marcelo Belli

    2017-09-01

    Full Text Available This work tested if brasilian technology companies has a greater systematic risk than traditional companies in Brazil. For to achieve tje purpose, two companies samples , one of technology companies and the other of traditional companies, were composed. The tecnique employed was a multiple regression analysis considering a dichotomous variable wich represents the technological factor and another numerical variable wich represents the intangibility degree of  companies. As a dependent variable was considered the CAPM systematic risk. The results indicated that technology companies have a greater systematic risk than traditional companies regardless of the degree of intangibility.

  16. Environment and petroleum exploration in Madagascar

    International Nuclear Information System (INIS)

    Ratsimandresy, R.; Raveloson, E.A.; Lalaharisaina, J.V.

    1991-01-01

    This paper deals with the environmental problems related to Petroleum Exploration Programs (PEP) in Madagascar and measures taken, in short terms, to minimize environment degradation resulting from these. PEP concerns the three main western sedimentary basins (Ambilobe Basin - Majunga Basin - Morodava basin) of which 12% of the surface are classified as protected area (forests, parks, reserves) in respect of the richness and rareness of wildlife species. PEP's operations (seismic survey and drilling wells), when conducted in these zones, affect the system (access road, people migration), leading to the degradation of the wildlife. For petroleum companies working in those zones, some appropriate measures (adequacy of equipment, engagement to restore damages, environment study) were required before concerned administration could grant the agreement. One example of specific environment damages caused by Petroleum Exploration Operations is mentioned in this paper

  17. ANALYSIS OF THE COMPANY FINANCIAL BALANCE

    Directory of Open Access Journals (Sweden)

    CĂRUNTU GENU ALEXANDRU

    2016-12-01

    Full Text Available Creating a company, maintaining market position and support its growth requires resources to ensure optimal deployment, development activities.. For best company must have equity because they represent a set of resources likely to provide future income streams. Choosing an optimal structure of capital is a strategic decision, which must be harmonized with the overall strategy of the firm. Through its funding policy, the company must ensure, at any time, the appropriate volume of foreign equity in relation to its needs. The decision for a particular capital structure the company should take into account a number of risks associated with indebtedness, risks that may offset or even cancel its positive effects.

  18. How fair are fair values? A comparison for cross-listed financial companies

    OpenAIRE

    Marian Berden; Franka Liedorp

    2006-01-01

    Fair value accounting and IAS 39 are at the core of a debate between regulators, institutions and supervisors. We add to this debate at a conceptual and empirical level. First we discuss the advantages and disadvantages of fair values for banks and insurance companies. Then we explore the differences between fair values and book values and the implications thereof based on a group of institutions with a listing on a stock exchange in both the home country (on book value) and the US (on fair v...

  19. Exploration and production activities and market - Panorama 2008

    International Nuclear Information System (INIS)

    2007-01-01

    Following two banner years for the oil service and supply sector, marked by strong activity and a substantial increase in prices, the Exploration and Production market continued at a frenetic pace in 2007, although certain local markets retreated. In 2008, activity should stay high and prices should start stabilizing. With services in short supply, companies in the sector have been able to shift the balance of power with oil firms in their favor

  20. The virtual oil company

    International Nuclear Information System (INIS)

    Garibaldi, C.A.; Haney, R.M.; Ross, C.E.

    1995-01-01

    In anticipation of continuing declines in upstream activity levels over the next 15 years, the virtual oil company model articulates a vision of fewer, leaner, but financially stronger firms that concentrate only on their core competencies and outsource the rest through well-structured partnering arrangements. Freed from the ''clutter,'' these leading companies will be in better position to focus on those opportunities that offer the potential for renewed reserve and revenue growth

  1. A strategy for company improvement.

    Science.gov (United States)

    Howley, L

    2000-03-01

    Strategies based on the kaizen methodology are designed to continuously improve company performance without the need for large capital investments. This article looks at how one company used simple kaizen principles to its advantage, achieving 67% increase in productivity and 10% reduction in the standard cost of product.

  2. 7 CFR 226.21 - Food service management companies.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 4 2010-01-01 2010-01-01 false Food service management companies. 226.21 Section 226... § 226.21 Food service management companies. (a) Any institution may contract with a food service management company. An institution which contracts with a food service management company shall remain...

  3. 12 CFR 225.124 - Foreign bank holding companies.

    Science.gov (United States)

    2010-01-01

    ... SYSTEM BANK HOLDING COMPANIES AND CHANGE IN BANK CONTROL (REGULATION Y) Regulations Financial Holding Companies Interpretations § 225.124 Foreign bank holding companies. (a) Effective December 1, 1971, the... 12 Banks and Banking 3 2010-01-01 2010-01-01 false Foreign bank holding companies. 225.124 Section...

  4. Exploring Servitization in China

    DEFF Research Database (Denmark)

    Raja, Jawwad Z.; Frandsen, Thomas

    2017-01-01

    Purpose: Previous research has predominately focused on the servitization strategies of Western manufacturers in advanced economies, neglecting the potential for servitization in those which are emerging, such as China. This paper explores the role of the external service partner network of a Eur......Purpose: Previous research has predominately focused on the servitization strategies of Western manufacturers in advanced economies, neglecting the potential for servitization in those which are emerging, such as China. This paper explores the role of the external service partner network...... of a European manufacturer providing services in China, in order to develop a better understanding of the resulting and associated challenges. Design/methodology/approach: An in-depth case study approach was used to examine the parent company, its subsidiary in China and the related service partner network....... Data collection involved all three actors and took place in Denmark and China. Findings: The findings suggest that motivation, opportunity and ability (MOA) need not only be mutually reinforcing for the organization attempting to move towards services but also aligned between organizational units...

  5. The impact of high performance work systems in Irish companies: an examination of company and employee outcomes

    OpenAIRE

    Mkamwa, Thadeus F.

    2010-01-01

    This study examines the impact of High Performance Work Systems (HPWS) on company and employee-level performance outcomes. At the company level, the study examines the outcomes of HPWS usage on innovation, productivity and turnover. The study uses data collected from 132 companies in Ireland who participated in a general manager (GM) and human resource (HR) manager survey conducted in 2006. This study shows that an extensive application ...

  6. Venture capital and efficiency of portfolio companies

    Directory of Open Access Journals (Sweden)

    A. Thillai Rajan

    2010-12-01

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

  7. Financial management of the construction company

    Directory of Open Access Journals (Sweden)

    Antosova, Karolina

    2016-12-01

    Full Text Available This paper informs about the financial management in the construction company. The work describes problems of the management, its tasks, goals, dependencies on the size of the construction company and progress in the construction production and also introduce topic of the risks in the construction business. Also controlling and reporting in the construction company together with basic tools are described in example of Metrostav a.s. in this work.

  8. 75 FR 13168 - American Vantage Companies; Notice of Application

    Science.gov (United States)

    2010-03-18

    ...] American Vantage Companies; Notice of Application March 11, 2010. AGENCY: Securities and Exchange... Investment Company Act of 1940 (the ``Act''). Summary of Application: American Vantage Companies requests an order declaring that it has ceased to be an investment company. Applicant: American Vantage Companies...

  9. Valuation of oil companies - Implications for corporate behaviour

    International Nuclear Information System (INIS)

    Osmundsen, Petter

    2002-06-01

    The report discusses control signals given by the stock market to listed companies and relates this to agency theory. Oil companies are used as a case. The market responds to financial signals from the companies. The market response on various financial indicators represents an implicit incentive scheme for the companies. This is described and the adaptation of the companies is discussed. In addition, the report deals with the significance of a threat of acquisition, and private vs. public ownership

  10. INNOVATION MANAGER AND HIS POSITION IN COMPANY

    Directory of Open Access Journals (Sweden)

    KATEŘINA HRAZDILOVÁ BOČKOVÁ

    2010-12-01

    Full Text Available The presented paper deals with the importance of innovation manager in company. It analyses the actual state of definition of innovation manager in companies, it is dealing with their qualities and qualities of ideal innovation manager. The paper solves the placement of position of innovation manager into the company organization structure. It recommends the ideal placement of innovation manager position in the organization structure in company working in “Production, sale and operation of amusement and gaming technology”.

  11. Innovation manager and his position in company

    Directory of Open Access Journals (Sweden)

    Kateřina Hrazdilová Bočková

    2011-04-01

    Full Text Available The presented paper deals with the importance of innovation manager in company. It analyses the actual state of definition of innovation manager in companies, it is dealing with their qualities and qualities of ideal innovation manager. The paper solves the placement of position of innovation manager into the company organization structure. It recommends the ideal placement of innovation manager position in the organization structure in company working in “Production, sale and operation of amusement and gaming technology”.

  12. Starting a Chinese Sauce Company in Helsinki

    OpenAIRE

    Shu, Bing; Shi, Jianan

    2017-01-01

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

  13. Taxation and petroleum exploration and production contracts. Adapting to the market

    International Nuclear Information System (INIS)

    Bret, N.

    1999-01-01

    The contractual and fiscal framework of exploration and production activity is an essential factor in the host countries' oil and gas policy and in the investment strategy of international oil and gas companies. Since the counter-shock in 1986, a number of countries have gradually modified the terms of their exploration and production contracts and taxation systems to meet the new requirements of the industry and to continue promoting capital investment. This also concerns investment in producing fields, in new deep sea areas and in the production of heavy crudes

  14. The oil companies in 1998

    International Nuclear Information System (INIS)

    Cueille, J.Ph.

    1999-01-01

    The drop in the price of crude oil has had a strong impact on oil companies earnings in 1998: for the first three-quarters, profits were down by an average 30 %. The performance levels attained by the refining-distribution activities, generally on a upwards trend, were not able to compensate for the sharp decrease in upstream earnings. Given these unfavorable circumstances, a number of companies are cutting back on capital investment projects. Unable to make further internal cost reductions on the same scale as before, oil companies are seeking to realize productivity gains through regional partnerships or large-scale mergers that, to some extent, could modify the traditional oil industry ranking

  15. Comparison of Historic Exploration with Contemporary Space Policy Suggests a Retheorisation of Settings

    Science.gov (United States)

    Cokely, J.; Rankin, W.; Heinrich, P.; McAuliffe, M.

    The 2008 NASA Astrobiology Roadmap provides one way of theorising this developing field, a way which has become the normative model for the discipline: science-and scholarship-driven funding for space. By contrast, a novel re-evaluation of funding policies is undertaken in this article to reframe astrobiology, terraforming and associated space travel and research. Textual visualisation, discourse and numeric analytical methods, and value theory are applied to historical data and contemporary sources to re-investigate significant drivers and constraints on the mechanisms of enabling space exploration. Two data sets are identified and compared: the business objectives and outcomes of major 15th-17th century European joint-stock exploration and trading companies and a case study of a current space industry entrepreneur company. Comparison of these analyses suggests that viable funding policy drivers can exist outside the normative science and scholarship-driven roadmap. The two drivers identified in this study are (1) the intrinsic value of space as a territory to be experienced and enjoyed, not just studied, and (2) the instrumental, commercial value of exploiting these experiences by developing infrastructure and retail revenues. Filtering of these results also offers an investment rationale for companies operating in, or about to enter, the space business marketplace.

  16. Companies investments on Private Equity/Venture Capital market

    Directory of Open Access Journals (Sweden)

    Zbigniew Drewniak

    2009-12-01

    Full Text Available One of the investors on Private Equity/Venture Capital market are corporations. The share of companies in total funds raised by PE/VC funds is still on the very low level. Beside indirect investments, companies invest directly, creating special entities in one corporate structure. Capital gains are one of the advantages of these investments for companies. However, the companies have also other purposes like the acquirement and the development of new technologies, as well as the transfer of knowledge. The participation of PE/VC fund in the investment process results in the support for company expansion and the creation of company value.

  17. The 1988 Directory of Educational Software Publishing Companies.

    Science.gov (United States)

    Electronic Learning, 1988

    1988-01-01

    Based on questionnaires sent to educational software companies in January 1988, this directory lists 78 companies. Information given includes company address, curriculum subject areas for which the company publishes software, types of machines and operating systems on which the software operates, and grade level for which it is targeted. (LRW)

  18. INBOUND AND OUTBOUND MARKETING TECHNIQUES: A COMPARISON BETWEEN ITALIAN AND ROMANIAN PURE PLAYERS AND CLICK AND MORTAR COMPANIES

    Directory of Open Access Journals (Sweden)

    Elisa Rancati

    2015-05-01

    Full Text Available Despite the large number of blog posts and articles regarding the use of Inbound and Outbound Marketing techniques, no research articles compares the propensity of companies towards these opposite types of marketing techniques among different countries. The present study is mainly focused on literature review of Inbound vs Outbound Marketing and acknowledge the academic community, interested in Content Marketing studies, about the availability of data sets regarding the implementation of these techniques at the level of Italian and Romanian pure players and click and mortar companies, which will be explored in the near future through appropriate statistical methods within the framework of a cross-cultural research.

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

    Directory of Open Access Journals (Sweden)

    Juan Andres Bernal-Conesa

    2016-11-01

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

  20. Approaching comparative company law

    OpenAIRE

    Donald, David C.

    2008-01-01

    This paper identifies some common errors that occur in comparative law, offers some guidelines to help avoid such errors, and provides a framework for entering into studies of the company laws of three major jurisdictions. The first section illustrates why a conscious approach to comparative company law is useful. Part I discusses some of the problems that can arise in comparative law and offers a few points of caution that can be useful for practical, theoretical and legislative comparative ...

  1. Dynamic Capabilities and Project Management in Small Software Companies

    DEFF Research Database (Denmark)

    Nørbjerg, Jacob; Nielsen, Peter Axel; Persson, John Stouby

    2017-01-01

    A small software company depends on its capability to adapt to rapid technological and other changes in its environment—its dynamic capabilities. In this paper, we argue that to evolve and maintain its dynamic capabilities a small software company must pay attention to the interaction between...... dynamic capabilities at different levels of the company — particularly between the project management and the company levels. We present a case study of a small software company and show how successful dynamic capabilities at the company level can affect project management in small software companies...

  2. 12 CFR 575.14 - Subsidiary holding companies.

    Science.gov (United States)

    2010-01-01

    ... follows: Federal MHC Subsidiary Holding Company Charter Section 1. Corporate title. The full corporate... subsidiary holding company available for distribution, in cash or in kind. Each share of common stock shall... 12 Banks and Banking 5 2010-01-01 2010-01-01 false Subsidiary holding companies. 575.14 Section...

  3. Nontoxic Ionic Liquid Fuels for Exploration Applications

    Science.gov (United States)

    Coil, Millicent

    2015-01-01

    The toxicity of propellants used in conventional propulsion systems increases not only safety risks to personnel but also costs, due to special handling required during the entire lifetime of the propellants. Orbital Technologies Corporation (ORBITEC) has developed and tested novel nontoxic ionic liquid fuels for propulsion applications. In Phase I of the project, the company demonstrated the feasibility of several ionic liquid formulations that equaled the performance of conventional rocket propellant monomethylhydrazine (MMH) and also provided low volatility and low toxicity. In Phase II, ORBITEC refined the formulations, conducted material property tests, and investigated combustion behavior in droplet and microreactor experiments. The company also explored the effect of injector design on performance and demonstrated the fuels in a small-scale thruster. The ultimate goal is to replace propellants such as MMH with fuels that are simultaneously high-performance and nontoxic. The fuels will have uses in NASA's propulsion applications and also in a range of military and commercial functions.

  4. IT support of commercial-production companies

    International Nuclear Information System (INIS)

    Hroch, A.

    2004-01-01

    Slovak electricity sector was built from sixties like common entity what can use synergic effects. In the 2002 reorganisation was done, there were created independent joint stock company. There were published new legislative acts, which opened Slovak electricity market for competition. The companies have to change their mine because a business is priority No. 1. Slovenske elektrarne, joint-stock company is under transformation process to build procedural guided trade-production company. As joint project is prepared a new system to control business in to a trading floor, including a risk management, which have to be supported by technological and information tools together with planing, scheduling, directing and controlling of the operation. The all system includes standard modules that fulfil their specific functions. (author)

  5. Evaluation of the influence of economic groups on the efficiency and quality of service of water companies: an empirical approach for Chile.

    Science.gov (United States)

    Molinos-Senante, María; Farías, Rodrigo

    2018-06-04

    The privatization of water and sewerage services (WSS) has led to the foundation of water economic groups, which integrate several water companies and have gained notable importance at the global level. In the framework of benchmarking studies, there are no prior studies exploring the impact that economic groups have on the efficiency and quality of service provided by water companies. This study investigates, for the first time, whether the membership of water companies in an economic group influences their performance. Quantity- and quality-adjusted efficiency scores were computed using data envelopment analysis models. An empirical application was developed for the Chilean water industry since most of their water companies are private and belong to an economic group. The results show that independent water companies provide WSS with better quality than do water companies that belong to an economic group. From a statistical point of view, it was evident that membership in an economic group impacts both the quantity- and quality-adjusted efficiency scores of water companies. The results of this study illustrate that applying the model-firm regulation to the Chilean water industry has significant drawbacks that should be addressed by the water regulator to promote the long-term sustainability of the water industry.

  6. 78 FR 11638 - Michigan Consolidated Gas Company, DTE Gas Company, DTE Gas Company; Notice of Petition

    Science.gov (United States)

    2013-02-19

    ... corporate name change from MichCon to DTE Gas, and pursuant to section 284.123 of the Commissions... Gas Company (DTE Gas) filed to institute a name change to both itself from MichCon to DTE Gas and to...

  7. Oil companies and human rights

    International Nuclear Information System (INIS)

    Chandler, Geoffrey

    1997-01-01

    This article highlights the need for oil companies in the future to take into account human rights in corporate decision making. The influence oil companies can bring to bear on government violating human rights, excuses for not voicing condemnation of abuses, and the 1948 Universal Declaration of Human Rights are discussed. (UK)

  8. Gamification in a Consulting Company

    NARCIS (Netherlands)

    Blaauw, Frank; Bazylevska, L.; Aiello, M.

    2014-01-01

    Gamification refers to the use of game-design elements in a non-gaming context. The consulting company Capgemini has set up a rudimentary Gamification platform to help motivating the people to do extra work for the company in their spare time. In order to re- ward people for this effort, they can

  9. The Limited Liability Company: An Analysis

    OpenAIRE

    Wayne Wells; Gary Yoshimoto

    1993-01-01

    In recent years, businesses in many states have been given the opportunity to select a new form in which to conduct business called the limited liability company. This form provides the advantage of the personal liability protection of a corporation, while being taxed as a partnership. If most states create the limited liability company and current issues of uncertainty are favorably resolved, the limited liability company should become the most advantageous business form for most small and m...

  10. Impact of regulation on English and Welsh water-only companies: an input-distance function approach.

    Science.gov (United States)

    Molinos-Senante, María; Porcher, Simon; Maziotis, Alexandros

    2017-07-01

    The assessment of productivity change over time and its drivers is of great significance for water companies and regulators when setting urban water tariffs. This issue is even more relevant in privatized water industries, such as those in England and Wales, where the price-cap regulation is adopted. In this paper, an input-distance function is used to estimate productivity change and its determinants for the English and Welsh water-only companies (WoCs) over the period of 1993-2009. The impacts of several exogenous variables on companies' efficiencies are also explored. From a policy perspective, this study describes how regulators can use this type of modeling and results to calculate illustrative X factors for the WoCs. The results indicate that the 1994 and 1999 price reviews stimulated technical change, and there were small efficiency gains. However, the 2004 price review did not accelerate efficiency change or improve technical change. The results also indicated that during the whole period of study, the excessive scale of the WoCs contributed negatively to productivity growth. On average, WoCs reported relatively high efficiency levels, which suggests that they had already been investing in technologies that reduce long-term input requirements with respect to exogenous and service-quality variables. Finally, an average WoC needs to improve its productivity toward that of the best company by 1.58%. The methodology and results of this study are of great interest to both regulators and water-company managers for evaluating the effectiveness of regulation and making informed decisions.

  11. Concept Study: Exploration and Production in Environmentally Sensitive Arctic Areas

    Energy Technology Data Exchange (ETDEWEB)

    Shirish Patil; Rich Haut; Tom Williams; Yuri Shur; Mikhail Kanevskiy; Cathy Hanks; Michael Lilly

    2008-12-31

    The Alaska North Slope offers one of the best prospects for increasing U.S. domestic oil and gas production. However, this region faces some of the greatest environmental and logistical challenges to oil and gas production in the world. A number of studies have shown that weather patterns in this region are warming, and the number of days the tundra surface is adequately frozen for tundra travel each year has declined. Operators are not allowed to explore in undeveloped areas until the tundra is sufficiently frozen and adequate snow cover is present. Spring breakup then forces rapid evacuation of the area prior to snowmelt. Using the best available methods, exploration in remote arctic areas can take up to three years to identify a commercial discovery, and then years to build the infrastructure to develop and produce. This makes new exploration costly. It also increases the costs of maintaining field infrastructure, pipeline inspections, and environmental restoration efforts. New technologies are needed, or oil and gas resources may never be developed outside limited exploration stepouts from existing infrastructure. Industry has identified certain low-impact technologies suitable for operations, and has made improvements to reduce the footprint and impact on the environment. Additional improvements are needed for exploration and economic field development and end-of-field restoration. One operator-Anadarko Petroleum Corporation-built a prototype platform for drilling wells in the Arctic that is elevated, modular, and mobile. The system was tested while drilling one of the first hydrate exploration wells in Alaska during 2003-2004. This technology was identified as a potentially enabling technology by the ongoing Joint Industry Program (JIP) Environmentally Friendly Drilling (EFD) program. The EFD is headed by Texas A&M University and the Houston Advanced Research Center (HARC), and is co-funded by the National Energy Technology Laboratory (NETL). The EFD

  12. 78 FR 43197 - Duke Energy Florida, Inc.; Florida Power & Light Company; Tampa Electric Company; Orlando...

    Science.gov (United States)

    2013-07-19

    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [ER13-1922-000; ER13-1929-000; ER13-1932-000; NJ13-11-000] Duke Energy Florida, Inc.; Florida Power & Light Company; Tampa Electric Company; Orlando Utilities Commission; Notice of Compliance Filings Take notice that on July 10, 2013, Duke Energy...

  13. STATE REGULATION OF INVESTMENT INSURANCE COMPANIES IN UKRAINE

    Directory of Open Access Journals (Sweden)

    О. Zaletov

    2016-03-01

    Full Text Available In the article the essence of investment insurance company. The role and importance of investment of insurance companies on formation of investment resources in the economy. The essence of the definition of "investment potential of insurance companies" and its relationship with the definition of "financial strength of insurance companies' insurance and potential insurance companies." By analyzing the structure and dynamics of aggregate investment portfolio of insurance organizations of Ukraine in 2008-2015 years defined contribution insurance sector in the formation of investment resources. The problems and prospects of the investment potential of the insurance market of Ukraine. Directions of improvement of state regulation of investment of insurance companies in Ukraine.

  14. 12 CFR 583.20 - Savings and loan holding company.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 5 2010-01-01 2010-01-01 false Savings and loan holding company. 583.20... REGULATIONS AFFECTING SAVINGS AND LOAN HOLDING COMPANIES § 583.20 Savings and loan holding company. The term savings and loan holding company means any company that directly or indirectly controls a savings...

  15. State companies dominate non-U.S. OGJ100

    International Nuclear Information System (INIS)

    Beck, R.J.; Thrash, L.A.

    1991-01-01

    This paper reports on state owned oil and gas companies which dominate the OGJ100 list of major non U.S. holders of petroleum reserves. Many state companies report only production and reserves information and do not report financial data. Therefore, the companies cannot be ranked by financial data, as they are in the OGJ300. They instead are listed by region, based on location of companies' corporate headquarters. The top 20 companies in crude oil production and reserves are shown. The leading nongovernment company in both reserves and production is Royal Dutch/Shell Group - No. 11 in worldwide liquids reserves and No. 6 in liquids production. Crude oil reserves of the top 20 companies moved up less than 1% last year, increasing 401.5 billion bbl. The year before, when there were substantial reserves adjustments, the top 20 posted an increase of 139.3 billion bbl

  16. CHANGING ORGANIZATIONAL CULTURE IN A ROMANIAN COMPANY

    Directory of Open Access Journals (Sweden)

    CRIVEANU Maria Magdalena

    2016-08-01

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

  17. Marketing potential of industrial companies of Ukraine

    Directory of Open Access Journals (Sweden)

    O.V. Oliynyk

    2016-03-01

    Full Text Available The article determines the essence of the marketing potential of the company as a part of improving the efficiency of the company’s activity forming a united mechanism along with industrial and financial subsystems. The components of the total potential of the company, the factors forming structure of the marketing potential of the company and the approaches to the evaluation of such a potential of the company are considered. It is determined that the marketing potential of the company integrates all the marketing resources, reserves and the possibility of their use, and the functioning as well as development of the system are subjected to the achievement of the main company’s goals. The differences in the interpretation of economic, market and marketing potential of the company are identified, although they are related to the subject of entrepreneurship, but they differ in their essence. The substantiation of the essence of marketing potential of the company, the development of an effective mechanism of its management with the possibility of evaluation will contribute to the maximum satisfaction of interests of information consumers’ groups, the formation of strategic directions of the activity, making management decisions at the micro level, the effective functioning in the internal and external markets.

  18. DESIGN OF EXPERIMENTS IN TRUCK COMPANY

    Directory of Open Access Journals (Sweden)

    Bibiana Kaselyova

    2015-07-01

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

  19. 12 CFR 225.111 - Limit on investment by bank holding company system in stock of small business investment companies.

    Science.gov (United States)

    2010-01-01

    .... L. 90-104, 81 Stat. 268, 270), a national bank may invest in stock of small business investment... system in stock of small business investment companies. 225.111 Section 225.111 Banks and Banking FEDERAL... Limit on investment by bank holding company system in stock of small business investment companies. (a...

  20. Innovation strategies for generic drug companies: moving into supergenerics.

    Science.gov (United States)

    Ross, Malcolm S F

    2010-04-01

    Pharmaceutical companies that market generic products generally are not regarded as innovators, but rather as companies that produce copies of originator products to be launched at patent expiration. However, many generics companies have developed excellent scientific innovative skills in an effort to circumvent the defense patents of originator companies. More patents per product, in terms of both drug substances (process patents and polymorph patents) and formulations, are issued to generics companies than to companies that are traditionally considered to be 'innovators'. This quantity of issued patents highlights the technical knowledge and skill sets that are available in generics companies. In order to adopt a completely innovative model (ie, the development of NCEs), a generics company would require a completely new set of skills in several fields, including a sufficient knowledge base, project and risk management experience, and capability for clinical data evaluation. However, with relatively little investment, generics companies should be able to progress into the so-called 'supergeneric' drug space - an area of innovation that reflects the existing competencies of both innovative and generics companies.