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

Taxation of petroleum companies possessing private information

International Nuclear Information System (INIS)

Osmundsen, P.

1995-01-01

For countries having petroleum resources, a common objective of the Ministry of Energy is to maximise the net total government take from the petroleum industry. Most models of petroleum taxation, assuming symmetric information, recommended neutral taxation. A royalty is not optimal in this case as it gives disincentives for extraction, causing too much of the reservoir to remain unexploited. Through the operating activities, however, the companies obtain private information about the costs. A low cost company may conceal its information by imitating a high cost company, and must therefore be given an economic compensation (information rent) to be induced to reveal its true costs. An optimal regulatory response to asymmetric information may involve royalties, as these enable the government to capture a larger fraction of the economic rent. 17 refs., 2 figs

[Mexican] Private-sector petroleum companies and agents

International Nuclear Information System (INIS)

1993-07-01

An overview is presented of the Mexican petroleum sector. The sector is largely controlled by the state company PEMEX and is not completely open to foreign participation and supply, however the trend towards privatization and open competition, combined with the drive for competitiveness of PEMEX operations in particular, is creating market opportunities for foreign suppliers of petroleum equipment and services. Detailed profiles are provided of 50 Mexican companies and their primary products and services, specific areas of expertise, client base, international experience, interest in Canada, other relevant information, and a contact person. A less detailed list is also provided of additional Mexican contacts, petroleum industry associations and chambers of commerce

The Compensation and Benefits System: Private Companies vs. Budgetary System

Directory of Open Access Journals (Sweden)

Aldea Bogdan

2015-12-01

Full Text Available The economic evolution of the last decades has entailed major changes concerning the Human Resource Management practices, in both private and budgetary sector of Romania. In order to maintain efficiency and market competitivity, a company must adapt to these changes by altering its human resource strategy since managers are encountering increasingly complex challenges as to attracting, motivating and retaining employees. Such an objective might be accomplished by elaborating a competitive system of employee compensation. This article focuses on the stage reached by the Human Resource Management in the compensation and benefits system of the private and budgetary sector. For the latter, we are focusing on the romanian system of higher education. This study demonstrates that the compensation and benefits system which is implemented in romanian universities is limited and can offer few opportunities as compared to the one implemented by private companies. It is worth saying that the legal system has a negative impact in this matter.

How do government reforms influence the establishment of private limited companies in Sweden?

OpenAIRE

Patel, Ibrahim; Thörn, Simon

2012-01-01

Background: This study focuses on three reforms which the Swedish government have performed: The abolishment of the audit requirement, the reduction of the legal capital requirement, and the reduction of the employment taxes. What effect have they had on the establishment of private limited companies? Purpose: The purpose of this dissertation is to explain the influence government reforms have on the establishment and re-establishment of private limited companies inSweden. Method: An explanat...

Psychological Symptoms among Workers Employed in Companies Undergoing Privatization in Postwar Bosnia and Herzegovina

OpenAIRE

Avdibegović, Esmina; Hasanović, Mevludin; Hodžić, Medin; Selimbašić, Zihnet

2011-01-01

In Central and Eastern European countries, after abandoning communism, significant political, economic and social changes occurred, followed by the increase in income inequality and social disparity. The goal of this study was to examine the relationship between psychological symptoms and monthly income of employees in companies undergoing privatization. The study included 258 workers from seven companies undergoing privatization in the Tuzla Canton region. For the study purposes,...

The logistics management in the sizing of the fleet of containers per ships in dedicated route - The use of computer simulation: A Brazilian shipping company case

Directory of Open Access Journals (Sweden)

Delmo Alves de Moura

2015-09-01

Full Text Available The aim of this paper is provide the use of the simulation in the discrete event to manage one important point in the logistics systems to shipping companies that is the imbalance of containers, movement of empty containers from surplus ports to deficit ports. From a survey of data from a shipping company operating in Brazil, at various ports, it was possible to model and simulate the needs in six major domestic ports of empty and full containers and seek to meet demand in the shipping market, reducing storage of containers and maintaining the level of excellence in service. Based on the discrete event simulation it was possible to analyze the problem of empty and full containers at the ports in the maritime transportation system. It was possible study the imbalance situation in the ports e provide one tool the companies to manage yours service. The data are confined to one company located in São Paulo and operating in Brazil at maritime transportation. The research shows that the imbalance problem between full and empty containers is a real case to all companies in the maritime transportation and can have effective solutions using discrete event simulation. To have excellent supply chain management it is important to have also one effective transportation system. This paper contributes to research in the inbound and outbound part of the supply chain management.

Buy-to-let investments in Spain : Investing as a Private Person versus Establishing a Company

OpenAIRE

Könönen, Riitta

2011-01-01

The subject of the thesis was chosen when the Zariko properties needed a re-search to find out when is it more profitable to be private person and when is it time to establish a company when investing in apartments to let. The target of the thesis was to investigate three cases: private person, Finnish company and Spanish company investing in one, ten or hundred apartments. The research was made by finding information from the internet, with some professional books as well as some professiona...

The Two Regimes of Postwar Shipping

DEFF Research Database (Denmark)

Iversen, Martin Jes; Tenold, Stig

2014-01-01

the bargaining that accompanied the shift from the national regime to the competitive regime. Specifically, we show that the new regime primarily accommodated the interests of private actors such as shipping companies, rather than the interests of the authorities and the trade unions.......The aim of this article is to illustrate the most important changes in the regulatory framework of the shipping sector from the 1960s to 2010, and to analyse the basis for, and effects of, these changes. In order to explain how the transformation has occurred, we use two traditional maritime...... nations—Denmark and Norway—as case studies. First, we introduce the two regimes of Danish and Norwegian shipping: ‘the national regime’ from the early 1960s to the mid-1970s; and ‘the competitive regime’, which was fully established by the middle of the 1990s and still persists. Then, we briefly sketch...

Using the competing values framework (CVF to investigate organisational culture in a major private security company

Directory of Open Access Journals (Sweden)

D Kokt

2011-06-01

Full Text Available The proliferation of crime, especially in the South African context, has placed considerable emphasis on the private security industry.  This has also increased fierce competition in the private security domain with both national and international private security companies infiltrating the South African market.  Like public policing private security has an important role to play in combating crime and other transgressions, with the exception that private security owes its existence to paying customers.  By using the Competing Values Framework (CVF as conceptual guide, the researchers are able to provide the managers of the company under investigation with insight on how their cultural orientation affects their functioning and ultimately their competitive advantage.

THE DETERMINATION OF BETA COEFFICIENTS OF PUBLICLY-HELD COMPANIES BY A REGRESSION MODEL AND AN APPLICATION ON PRIVATE FIRMS

Directory of Open Access Journals (Sweden)

METİN KAMİL ERCAN

2013-06-01

Full Text Available It is possible to determine the value of private companies by means of suggestions and assumptions derived from their financial statements. However, there comes out a serious problem in the determination of equity costs of these private companies using Capital Assets Pricing Model (CAPM as beta coefficients are unknown or unavailable. In this study, firstly, a regression model that represents the relationship between the beta coefficients and financial statements’ Variables of publicly-held companies will be developed. Then, this model will be tested and applied on private companies.

State Control over Private Military and Security Companies in Armed ...

African Journals Online (AJOL)

NWUuser

State Control over Private Military and Security Companies in Armed Conflict by H Tonkin ... (US) in the Iraqi theatre by 2007 exceeded the number of US troops, and in 2010 .... due diligence to promote PMSC compliance therewith. ... relying on existing accountability frameworks of international law, new domestic and.

An approach to the implementation of ISO 14000 at a shipping company

Science.gov (United States)

Panaitescu, F. V.; Panaitescu, M.

2015-11-01

We present here a successful implementation of the Environmental Management System (EMS) in a shipping company. The EMS of the each company must be revised and expanded and new analytical requirements included in it. This new EMS concept is available to everyone on board and must be studied by every seafarer. All environmental requirements to be strictly followed all over the world. The main points of new EMS are: new open reporting system, environmental tag system (ETS) which introduce non re-usable numbered seals, pollution prevention equipment (OWS, OCM, Incinerator and Sewage Treatment Plant), the environmental defect reports system - extraordinary E/R operations and leakages log book.

The Satisfaction of Entrepreneurs in Terengganu Private Limited Companies toward the Concept of Corporate Entrepreneurship: A Descriptive Analysis

OpenAIRE

Muhammad Abi Sofian Abdul Halim; Hasyaniza Yahya; Syahrul Hezrin Mahmud; Fatimah Zainab

2011-01-01

This study will determine the level of satisfaction among Terengganu private limited companies towards the concept of corporate entrepreneurship, in a context of; corporate venturing, strategic renewal, and internalization. The study was based on a survey carried out from the questionnaire that is administered involving 105 private limited companies which are operated their business in Terengganu. By using the descriptive analysis on the level of satisfaction among the Terengganu private limi...

The financial and accounting implications of the privatization of the regional electricity companies in the UK

International Nuclear Information System (INIS)

Thomson, L.

1993-01-01

This paper reviews some of the financial and accounting implications of the privatization of the electricity distribution and supply sector in England and Wales, specifically the transformation of the Electricity Area Boards into the 12 Regional Electricity Companies (RECs). It considers the factors influencing the setting of post-privatization price control factors; the capital restructuring of the RECs; the valuation placed by the Secretary of State for Energy on each company at flotation, and market reaction to this as shown in subsequent changes in share price; and changes in the information provided in the RECs' accounts over the privatization period. (Author)

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.

Private Healthcare Institutions and Insurance Companies: from Cooperators to Market Competitors

Directory of Open Access Journals (Sweden)

Željko Jović

2015-05-01

Full Text Available The provision of adequate healthcare nowadays has a global character, so the implementation of efficient andwell-formulated health reforms has become of serious importance. Among many contemporary trends in this area, there is a tendency of privatization of health care institutions and growth in private insurance premiums. This raises the necessity of developing a cooperation between private healthcare institutions and insurance companies in order to provide services of an improved quality. This paper emphasizes the extremes of their cooperation, moving from fully integrated systems towards competition over the market. The findings indicate that, due to the insufficient development of Serbian healthcare sector, their cooperation is so far not at a highlevel, which brings many issues into question and that should be legally better defined.

Performance of fully private and concessionary water and sewerage companies: a metafrontier approach.

Science.gov (United States)

Molinos-Senante, María; Sala-Garrido, Ramon

2016-06-01

As many countries have privatized their water industries, there is increasing interest in comparing the efficiency of public and private water and sewerage companies (WaSCs). However, previous studies have not considered that privatization can be carried out following two main approaches: fully private WaSCs, which involve the sale of utilities to the private sector, and concessionary WaSCs, in which only the operation of the services is privatized. This paper investigates, for the first time, the impact of both privatization approaches on the efficiency of WaSCs. In doing so, data envelopment analysis (DEA) was applied. However, unlike traditional models, the metafrontier concept was used in this research as it cannot be assumed that fully private and concessionary WaSCs share the same production frontier. The empirical application focused on the Chilean water industry as it was privatized from 1998 to 2004 following the two approaches described. The results suggest that the performance of fully private WaSCs is better than that of concessionary WaSCs. The conclusions of this study will be of great interest to water authorities worldwide facing the challenge of water industry privatization.

Rapport tchèque - Modernization and Simplification of Private Companies Law among the EU Members States

OpenAIRE

Havel, B. (Bohumil)

2015-01-01

Historical Background of the Czech Regulation. Nature of Private Company according to Czech Law. Regulation of the Limited Liability Company and Motivation for the New Regulation. Cross-border Element of Czech Business Corporatons and Forum Shopping.

Is There a Difference in Credit Constraints Between Private and Listed Companies in Brazil? Empirical Evidence by The Cash Flow Sensitivity Approach

Directory of Open Access Journals (Sweden)

Alan Nader Ackel Ghani

2015-04-01

Full Text Available This article analyzes the credit constraints, using the cash flow sensitivity approach, of private and listed companies between 2007 and 2010. According to this approach, the econometric results show that the credit constraints are the same for either private or listed companies. This paper seeks to contribute to the literature because the study of credit constraints of private companies based on cash flow sensitivity in Brazil has been rare.

[Is it possible to sustain health promotion programs in private companies? The case of four Quebec private companies of blue collar workers].

Science.gov (United States)

Bilodeau, Angèle; Filion, Gilbert; Labrie, Louise; Bouteiller, Dominique; Perreault, Michel

2005-01-01

Sustained health promotion programmes in the workplace (HPPW) continues to be a public health challenge. This article presents an evaluation of the implementation and sustainability of such programmes in private blue-collar companies in Quebec to shed light on issues specific to this type of setting. A multiple case (4 sites), longitudinal (7 years) and interpretive study method was used. The interpretation framework considered that the implementation and sustainability of HPPW in companies are the result of organizational learning in health promotion, determined by the strategies of individuals in a position of control who shape the decisional processes related to these programmes. After seven years of observation, two of the four sites had continued their HPPW, although these programmes were no longer applied within these companies. The health promotion organizational learning processes in both sites were defined according to targeted organizational purposes set by the decision-makers who supported HPPW. However, these gains were largely lost when HPPW were no longer retained as a component of their organizational development strategy. The organizational conditions that are conducive to HPPW are difficult to put together and sustain in companies like those in our study. Businesses implement these programmes mainly for the organizational benefits they expect to reap in the short term, whereas improvement in the health of workers in the longer term is not a priority.

Societas Unius Personae – Proposal for a Directive on Single-Member Private Limited Liability Companies

Directory of Open Access Journals (Sweden)

Dionis Jurić

2015-01-01

Full Text Available In 2014 European Commission composed Proposal for a Directive of the European Parliament and of the Council on single-member private limited liability companies. The Proposal introduced Societas Unius Personae (SUP. It is variety of the single-member private limited liability company. The SUP is not a new supranational form of company. Member States shall ensure direct on-line registration for incorporation of the SUP with the compulsory use of the templates of Articles of Association and application for registration. The Proposal prescribes minimum capital requirement equivalent to one euro with the introduction of balance sheet test and solvency statement to protect creditors. The aim is removal of the barriers that exist in the national laws of the Member States in the establishment of subsidiaries in order to initiate cross-border business activities of small and medium enterprises.

MPC and A enhancements for the Murmansk shipping company icebreaker fleet

International Nuclear Information System (INIS)

Bartoch, O.; Bondarev, N.; Caskey, D.; Forehand, M.; Lambert, D.; Maltsev, V.; O'Brien, M.; Gardner, B.; Tittemore, G.

1999-01-01

The United States and the Russian Federation entered into a cooperative agreement in 1994 that resulted in a nuclear weapons non-proliferation program within the United States (US) Department of Energy (DOE) currently known as the Russia/Newly Independent States (NIS) Nuclear Material Security Task Force. In 1996, a project was initiated with the Murmansk Shipping Company to enhance material protection, control, and accounting of highly enriched nuclear fuel assemblies used for the Icebreaker Fleet. The commissioning ceremony for this project is scheduled for August 1999. This paper describes the physical protection, material control, and accounting measures implemented for the Icebreaker Fleet

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

Science.gov (United States)

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

2009-12-01

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

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

Directory of Open Access Journals (Sweden)

Young Joo Song

2009-12-01

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

THERE IS INFLUENCE IN DEVELOPMENT OF COMPANIES WHICH BUILT STOCK, WITH SUPPORT OF INVESTIMENT FUND PRIVATE EQUITY AND VENTURE CAPITAL? EVIDENCES OF ENTRANT COMPANIES AT BOVESPA

Directory of Open Access Journals (Sweden)

Caciano Gianechini

2013-09-01

Full Text Available This work seeks to identify the impact of the participation of Private Equity funds and Venture Capital (PE/VC, the performance of companies that owned the contribution prior to the opening of capital (IPO. In a more objective the present study seeks to investigate whether companies that opened capital, financed by PE/VC, have performed better than the other formerly the Brazilian stock market debut. The sample of work consists of 116 companies that made the initial public offering (IPO in the São Paulo Stock Exchange (BOVESPA in the period January 2004 to December 2009. First identified that 41 enterprises debuted at BOVESPA being financed by PE/VC funds. Furthermore, the results indicate that the influence of PE/VC funds tend to improve some indices of profitability and market of companies after the IPO. In summary, the evidence found lead to the conclusion that the organizations of private equity and venture capital influence positively the performance of investee companies.

Internationalisation Within Liner Shipping

DEFF Research Database (Denmark)

Prockl, Günter; Kinra, Aseem; Kotzab, Herbert

2018-01-01

, the degree of internationalisation, measured on the basis of sea-oriented operations, differs from that measured according to land-oriented front-end marketing and sales activities. The purpose of this study is to further examine the internationalisation patterns of shipping lines. An examination...... of the front-end activities and the structures of leading container-shipping companies is conducted. The sales office networks of the sector’s 20 largest companies worldwide (by twenty-foot equivalent unit capacity) are analysed as key indicators. The numbers of sales offices are measured by analysing...... the websites of the sample (20 companies), as well as annual reports and other publicly available data sources. The findings show that not all shipping companies are international, by virtue of the industry. While it is difficult to observe differences in the overall patterns of the sales networks at a macro...

The Individual Limited Liability Company in the Brazilian Legal System and Portuguese Experience of Single Shareholder Private Companies

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Eugênio Duarte Vasques

2016-11-01

Full Text Available The scope of this essay is to analyze aspects of individual limited liability company in the Brazilian legal system, which raises the issue of the requirement of minimum capital contribution to the company’s constitution. Therefore, we seek to expose initially the historical responsibility of the individual entrepreneur, and then the current context of Portuguese single shareholder private companies. After these considerations, we focus on addressing the situation of the individual entrepreneur in Brazil and the creation of a new species of corporation that guarantees the limitation of liability to the individual entrepreneur in a manner similar to the Portuguese experience.

Outsourcing Small Wars: Expanding the Role of Private Military Companies in U.S. Military Operations

National Research Council Canada - National Science Library

Jorgensen, Brent M

2005-01-01

"Outsourcing Small Wars: Expanding the Role of Private Military Companies in U.S. Military Operations" argues that, under current domestic and international laws, and current military regulations and doctrine...

Measurement of population exposure by radiological screening in private companies in Berlin

International Nuclear Information System (INIS)

Dreyer, U.

1982-06-01

In the first quarter of 1975, 21,647 employees (males: 16,336; females: 5,311) of private companies in Berlin were screened. The mean number of exposures per examination was 2.3 (2.3 in males, 2.2 in females). The genetically significant doses (GSD) of this group was calculated to be 1.514 mrem/a. (orig./HP) [de

Birecik: a role model for private companies

Energy Technology Data Exchange (ETDEWEB)

Holzmann, P. [Corporate Communications, Frankfurt am Main (Germany)

2001-04-01

The Birecik hydroelectric power project in Turkey is highlighted as a good example of the effectiveness of a private sector company in planning, financing and constructing a hydro power plant on a build, operate and transfer (BOT) basis. Birecik AS has built the 672 MW plant and dam on the River Euphrates near the border with Syria as part of a Turkish government plan to develop southeast Anatolia. The dam, which was built on schedule and within budget, has embankments on the left and right hand sides and a gravity dam in the centre containing the power house, intake and spillway. The power house contains six Francis turbines, three of which are already operational. The plant's specifications and other vital statistics are summarised in a table. Its location is shown in a map of Turkey.

Privatization and the globalization of energy markets

Energy Technology Data Exchange (ETDEWEB)

NONE

1996-10-01

This report reviews recent global efforts to privatize energy resources and outlines the opportunities and challenges privatization has presented to U.S. and foreign multinational energy companies. The group of energy companies studied in this report includes the major U.S. petroleum companies and many foreign companies. The foreign companies reviewed include state-run energy enterprises, recently privatized energy enterprises, and foreign multinationals that have been privately held. The privatization of non-petroleum energy industries, such as electricity generation and transmission, natural gas transmission, and coal mining, are also discussed. Overseas investments made by electric companies, natural gas companies, and coal companies are included. The report is organized into six chapters: (1) economics of privatization; (2) petroleum privatization efforts among non-U.S. Organization for Economic Cooperation and Development nations; (3) petroleum privatization efforts in Latin America; (4) privatization in socialist and former socialist regimes; (5) privatization efforts in global electric power generation, transmission, and distribution industries; and (6) privatization and globalization of world coal.

Will Knjaz Miloš Belong to Foreigners? The Privatization and Image of Multinational Companies in the Serbian Media (2000-2005

Directory of Open Access Journals (Sweden)

Vladimir Miokov

2016-02-01

Full Text Available This study analyses the media coverage of the privatization of Knjaz Miloš, Serbia’s most famous mineral water factory, as well as the manner in which the multinational companies were presented in this process. The focus of the paper is on the conflict between major stakeholders as they were presented in analyzed media texts. Three phases of the privatization process are analysed in this paper. The first phase is the period from October 2000 to September 2003, when the news about privatization came out in the media; the second phase is from August 2003 to December 2003, when the first potential buyers appeared; and third is the period from August 2004 to September 2005, when Knjaz Miloš was finally privatized. The conclusion of this analysis is that a negative image of multinational companies prevails in the domestic media. Such an image is not ideologically coloured (as it was in the 1990s and is seldom openly presented. The general attitude is sceptical, even though an awareness of the importance of the participation of multinational companies in the process of privatization is present.

High cost for drilling ships

International Nuclear Information System (INIS)

Hooghiemstra, J.

2007-01-01

Prices for the rent of a drilling ship are very high. Per day the rent is 1% of the price for building such a ship, and those prices have risen as well. Still, it is attractive for oil companies to rent a drilling ship [nl

About architecture of The Headquarters Building of the First Danube Steamboat Shipping Company in Belgrade

Directory of Open Access Journals (Sweden)

Drljević Marija

2007-01-01

Full Text Available In this work is represented history and described architecture of The Headquarters Building of The First Danube Steamboat Shipping Company in Belgrade. There is a close regard on the earlier research. The work is as well characterized by the attempt to determine architectural style of building with suggestion that it is a combination of a pure modernism with influences of architecture of communal houses in Vienna from 1919 to 1934.

Capital structure in the global shipping industry

Directory of Open Access Journals (Sweden)

Paun Cristian

2016-01-01

Full Text Available The current economic crisis emerged from a particular financial crisis that started in the United States and being rapidly propagated all over the world. It did not affect a limited region or a limited economic sector. This crisis induced significant changes in all management areas, including financial management. This study is focused on financing strategies adopted by shipping companies during the crisis, analyzing relevant factors for a specific issue - the capital structure. The research methodology proposed for this analysis on relevant factors that could explain the capital structure of shipping is OLS regression applied on selected variables derived from the financial statements of the major shipping companies. The dependent variables reflecting capital structure are book value to total liabilities ratio and book value to total debt ratio. The explanatory variables are derived from the theory of capital structure. This study empirically illustrates the relevance of the capital structure theory for the studied economic sector and is a useful tool for the shipping companies, providing relevant information about the optimal capital structure adopted by shipping companies and about factors that influence this decision during a crisis period.

Effectiveness of state and federal government agreements with major credit card and shipping companies to block illegal Internet cigarette sales.

Directory of Open Access Journals (Sweden)

Kurt M Ribisl

2011-02-01

Full Text Available Most Internet vendors offer tax-free cigarettes making them cheaper than those sold at stores. This undermines the impact that higher prices have upon reducing consumption. Most Internet tobacco sales have violated taxation and youth access laws, which led to landmark voluntary agreements in 2005 with the major credit card companies and major private shippers to ban payment transactions and shipments for all Internet cigarette sales.To assess whether these bans increased the rate of Internet Cigarette Vendors (ICVs ceasing online sales, decreased the proportion of vendors offering banned payment and shipping options, and decreased consumer traffic to the most popular ICVs.Websites in a longitudinal study of ICVs were visited in 2003 (n = 338, 2004 (n = 775, 2005 (n = 664, 2006 (n = 762, and 2007 (n = 497 to assess whether they were in business and monitor their advertised sales practices. The number of unique monthly visitors to the 50 most popular ICVs at baseline was examined for the period one year before and two years after the bans to determine whether the bans altered traffic.Following the bans, the rate of ICVs ceasing online sales year to year increased, but due to an influx of new vendors, there was a net increase in ICVs. The proportion of vendors accepting banned payment options dropped from 99.2% to 37.4% after the bans, and the proportion offering banned shipping options dropped from 32.2% to 5.6%, but there was a corresponding increase in vendors offering non-banned payment options (e.g., personal checks and shipping options (e.g., US Postal Service. Following the bans, there was a 3.5 fold decline in traffic to the most popular ICV websites.This promising approach to controlling the sale of restricted goods online has implications for regulating other products such as alcohol, firearms, quack cures, and medicines sold without a prescription.

Effectiveness of state and federal government agreements with major credit card and shipping companies to block illegal Internet cigarette sales.

Science.gov (United States)

Ribisl, Kurt M; Williams, Rebecca S; Gizlice, Ziya; Herring, Amy H

2011-02-14

Most Internet vendors offer tax-free cigarettes making them cheaper than those sold at stores. This undermines the impact that higher prices have upon reducing consumption. Most Internet tobacco sales have violated taxation and youth access laws, which led to landmark voluntary agreements in 2005 with the major credit card companies and major private shippers to ban payment transactions and shipments for all Internet cigarette sales. To assess whether these bans increased the rate of Internet Cigarette Vendors (ICVs) ceasing online sales, decreased the proportion of vendors offering banned payment and shipping options, and decreased consumer traffic to the most popular ICVs. Websites in a longitudinal study of ICVs were visited in 2003 (n = 338), 2004 (n = 775), 2005 (n = 664), 2006 (n = 762), and 2007 (n = 497) to assess whether they were in business and monitor their advertised sales practices. The number of unique monthly visitors to the 50 most popular ICVs at baseline was examined for the period one year before and two years after the bans to determine whether the bans altered traffic. Following the bans, the rate of ICVs ceasing online sales year to year increased, but due to an influx of new vendors, there was a net increase in ICVs. The proportion of vendors accepting banned payment options dropped from 99.2% to 37.4% after the bans, and the proportion offering banned shipping options dropped from 32.2% to 5.6%, but there was a corresponding increase in vendors offering non-banned payment options (e.g., personal checks) and shipping options (e.g., US Postal Service). Following the bans, there was a 3.5 fold decline in traffic to the most popular ICV websites. This promising approach to controlling the sale of restricted goods online has implications for regulating other products such as alcohol, firearms, quack cures, and medicines sold without a prescription.

Liner Shipping Fleet Deployment with Sustainable Collaborative Transportation

Directory of Open Access Journals (Sweden)

Gang Du

2016-02-01

Full Text Available Facing sharp competition in the market for shipping companies, it is necessary to make reasonable and efficient decisions to optimize the container shipping line network so as to improve the shipping efficiency and reduce the transportation cost, as well as to realize the transportation sustainability. Therefore, the liner ship fleet deployment problem with collaborative transportation is proposed in this paper. This problem is formulated as a mixed-integer linear programming model that takes collaborative transportation into consideration. The model includes fixed cost, variable cost, berth cost, transport cost, penalty, compensation cost, and so on. To achieve the sustainable development of collaborative transportation, the shipping companies could make a selection between the internal routes and the external routes to serve each task by comparing the distance between the above routes. A real Asia-Europe-Oceania numerical experiment shows that the proposed sustainable collaborative transportation model can be efficiently solved by C++ calling ILOG CPLEX. Results demonstrate that the optimized shipping line network with sustainable collaborative transportation can improve the service efficiency, as well as the service level of shipping companies.

PORT AND SHIPPING COMPANIES AS GLOBAL PLAYERS WITHIN THE MARITIME TRANSPORT AND LOGISTICS AREA

Directory of Open Access Journals (Sweden)

Andrzej S. Grzelakowski

2016-06-01

Full Text Available The main aim of the study was to present the current role of the maritime transport companies acting in the global maritime logistics area in the creation of fundamentals of integrated order in this sphere of global economy. The study carried out have confirmed that seaport and shipping companies take active measures aiming at building logistics governance in microenvironment which the function in. Generally, however, functioning in the conditions of market disequilibrium, they are seeking, by using the tools available to them, to build the foundations of logistics governance based on typical supply–side orientation. Only in terms of relative market equilibrium they are able, thanks to active demand-side oriented activities, to support effectively all necessary processes directed towards creating a consistent in a global scale logistics area, regulated by both the international market mechanism and public one, i.e. the global maritime policy (governance.

Book Review: A History of the Czechoslovak Ocean Shipping Company, 1948–1989: How a Small, Landlocked Country Ran Maritime Business During the Cold War

DEFF Research Database (Denmark)

Taudal Poulsen, René

2016-01-01

Review of: Lenka Krátká: A History of the Czechoslovak Ocean Shipping Company, 1948–1989: How a Small, Landlocked Country Ran Maritime Business During the Cold War. Stuttgart: Ibidem Verlag, 2015. x + 271 pp., tables, notes, bibliography. ISBN: 978-3-8382-0666-0, £23.90 (pbk).......Review of: Lenka Krátká: A History of the Czechoslovak Ocean Shipping Company, 1948–1989: How a Small, Landlocked Country Ran Maritime Business During the Cold War. Stuttgart: Ibidem Verlag, 2015. x + 271 pp., tables, notes, bibliography. ISBN: 978-3-8382-0666-0, £23.90 (pbk)....

SWOT analysis & privatization in Croatia

Directory of Open Access Journals (Sweden)

Družić Ivo

2006-01-01

Full Text Available Legal framework for privatization in Croatia was based on two key laws: the Transformation Act of 1991, and the Privatization Act of 1993, amended in 1996. Early start of privatization process in 1990s in Croatia was marked by the transformation of socially-owned companies into stock holding companies or limited liability companies. The first step (1991-1993 of this process of almost 2700 companies which entered privatization was their evaluation and transformation into private ownership entities. The second step (1994- 1997 consisted of privatization of CPF portfolio. The portfolios change constantly, not only as a result of privatization but also because companies themselves change, as does their position in the market. The third step (1998 in the privatization process was voucher privatization. Privatization of large infrastructure and utility companies designated as public enterprises began in 1999 (Croatian Telecom and INA in 2002 (public enterprises are privatized on the basis of separate laws. Attempts to discuss privatization in Croatia in terms of SWOT analysis have been motivated by the stark difference among Croatian professional economists in an appraisal of Croatia's performance during the transition process in general and of the privatization process in particular. Therefore we considered the elements of SWOT analysis to be an acceptable way to delve into the confusing world of bickering arguments on the state and perspective of the Croatia's privatization process. In this paper we have tried to provide an impartial approach by employing two criteria i.e. strength and weaknesses in judging the events and results of the privatization process in Croatia. Strength of the overall privatization process can be mostly ascribed to the institutional swiftness on micro as well as on macro level. On the micro level 80% of the companies were formally privatized in the first two years despite unfavorable external conditions comprising the

Factors Affecting Staff Retention Strategies Used in Private Syrian Companies during the Crisis

OpenAIRE

Gharib, Moaz Nagib; Kahwaji, Ahmad Taha; Elrasheed, Mohammed Osman

2017-01-01

The aim of current study is to exam elements influencing retention among employees in private Syrian companies during the crisis. The factors are training and professional development, organizational rewards system, job insecurity and job satisfaction. For this reason, 102 organized surveys were gathered. Obtained results from the study questionnaire were analyzed and examined by using statistical tests as Correlation and Multiple Regression analysis. Results show that training and profession...

Levels of Internationalization in the Container Shipping Industry

DEFF Research Database (Denmark)

Gadhia, Hitesh Kumar; Kotzab, Herbert; Prockl, Günter

2011-01-01

This paper examines the internationalization level of the world’s largest container shipping companies by examining their port networks. The results of our analysis show that only three of the nineteen companies could be considered as being truly ‘International’ and service the ‘lion’s share......’ of the major and minor ports distributed across the globe. The port networks of the other companies in our survey, whilst having individualized features, shared common characteristics. Guided by the ‘Uppsala Model of Incremental Internationalization’ (Johanson and Vahlne, 1977), we were able to identify four...... internationalization levels of a container shipping company that are indicated by their port network. We argue that the port network plays an additional role as it contributes to the internationalization level of the container shipping companies. This is important because the internationalization level affects...

Private prisons

Directory of Open Access Journals (Sweden)

Dimovski Darko

2014-01-01

Full Text Available The author, based on the circumstances that contributed to the creation of private prisons, has explained the historical development of private prisons in the United States and Great Britain. After that, the author has analyzed the strengths and weaknesses of the prison run by private companies. Namely, the author has, stating the benefits of private prisons (reduced overcrowding penitencijarnih institution, cheaper accommodation cost per prisoner, provide better services, the possibility of applying a new philosophy in the manner of execution of sentence, with modern Penitentiary program, with the aim of re-socialization and the reduction of recidivism and weaknesses of the private prisons (the question of legitimac, a chronic lack of space in the Penitentiary system is not solved, business-oriented policies of private prisons, less salaries, poor performance of the security service, worst food, weak enforcement of parole, lack of appropriate penitentiary program, wanted to draw attention to the professional public about controversy of the introduction private companies in the management structure of penitentiary institutions . As the Republic of Serbia is, constantly in the last twenty years, faced with the increasing number of inmates, as well as the chronic shortage of money, which affects on the situation in industrial areas of prisons, there are options to give licenses to private companies to manage prisons. Therefore, the author has paid special attention to potential problems of introducing private prisons in the penitentiary system in Serbia.

Internet cigarette vendor compliance with credit card payment and shipping bans.

Science.gov (United States)

Williams, Rebecca S; Ribisl, Kurt M

2014-02-01

Most Internet cigarette sales have violated taxation and youth access laws, leading to landmark 2005 agreements with credit card companies, PayPal, and private shippers (United Parcel Service, Federal Express, DHL) to cease participation in these transactions. Despite their promise at the time, loopholes allowed for check payment and U.S. Postal Service (USPS) shipping. This study assessed actual vendor compliance with the payment and shipping bans using a purchase survey. In late 2007 and early 2008, an adult buyer attempted to order cigarettes from the 97 most popular Internet cigarette vendors (ICVs) using banned payment and shipping methods. When banned payment or shipping methods were unavailable, purchases were attempted with alternate methods (e.g., checks, e-checks, USPS). Twenty-seven of 100 orders were placed with (banned) credit cards; 23 were successfully received. Seventy-one orders were placed with checks (60 successfully received). Four orders were delivered using banned shippers; 79 of 83 successfully received orders were delivered by the USPS. About a quarter of ICVs violated the payment ban, others adapted by accepting checks. Most vendors complied with the shipping ban, perhaps because USPS was an easy substitute shipping option. Better enforcement of the bans is needed; the 2009 Prevent All Cigarette Trafficking Act closed the USPS loophole by making cigarettes nonmailable material; evaluation of enforcement efforts and adaptations by vendors are needed. These sorts of bans are a promising approach to controlling the sale of restricted goods online.

The Public Relations Specialist and his Role in the Management of a Private Company in Galati

Directory of Open Access Journals (Sweden)

Daniela Tănase Popa

2016-12-01

Full Text Available This paper shows the way in which the specialist in public relations conducts its activity within the private companies of Galati, identifying its role in organizational management. From the theoretical point of view, the paper focuses on definitions of public relations and analyses the role and functions of public relations in an institution and the management of a company. The case study is based on a qualitative analysis. The data collection was conducted through in-depth interview method applied based on a structured guide.

Farmers’ territory invaded by a water company: The effects of drinking water privatization on rice farmers in Calapan City, the Philippines

NARCIS (Netherlands)

Liebrand, J.

2009-01-01

This book documents a water conflict known as the Bayanan water issue in Calapan City, the Philippines. Drinking water privatization in Calapan City was implemented by the book; a private company was granted extensive water rights and subsequently made capital investments in a drinking water system

Privatization of oil companies in Latin America

International Nuclear Information System (INIS)

Forsyth, A.; Mommer, B.; McBeth, B.

1995-01-01

Three linked articles explore the current movement towards privatization in the various countries of South America. While the progress away from state control varies from country to country, the first article argues that the movement will offer economic benefits to the Latin American petroleum industry as a whole, despite the political difficulties which must be overcome. In the second article, public distaste for the nationalization of the Venezuelan oil industry back in 1943, petroleum engineers, economists, private sector representatives and oil industry employees all oppose wholesale privatization, favouring national and private investment within Venezuela. The last author argues for an efficient regulatory framework to oversee privatization schemes. (UK)

26 CFR 1.955A-4 - Election as to date of determining qualified investment in foreign base company shipping operations.

Science.gov (United States)

2010-04-01

... corporation sells, exchanges, or otherwise disposes of all or part of his stock in such controlled foreign..., exchange, or other disposition, then, with respect to the stock so sold, exchanged, or disposed of, the... investment in foreign base company shipping operations. 1.955A-4 Section 1.955A-4 Internal Revenue INTERNAL...

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.

PRIVATE MILITARY AND SECURITY COMPANIES: ETHICS ...

African Journals Online (AJOL)

hennie

The section on ethics covers the question “ What is mercenaries?, whether private contractors can be ethical, regulating private militaries, bringing just war theory into step with shifts in warfare proper, and efforts to point out the social responsibilities that now seem to accrue. The authors covering policies and law primarily ...

Defining freight rates as a contribution to the successful operation of container shipping companies

Directory of Open Access Journals (Sweden)

Renato Oblak

2016-12-01

Full Text Available The globalization of the world market and the flexibility of containerization to adjust to the constant changes in supply and demand of the international goods market, has led to a continuous increase in the portion of the container transport within the international maritime cargo transport. By the increase of the container transport level, the impact and importance of container freight rates have been growing, the variability of which directly reflects on the world economy. The aim of this paper is to analyze the efficiency of actual methods in establishing the container freight rates according to the problems which appear in the container shipping operation and refer to large differences in the weights of the actual transported cargo and the declared cargo in containers. The consequence of is lower freight rates and higher costs of the vessels exploitation, concerning the increase of the bunker oil consumption. The conducted research is based on actual data that have been collected and analyzed from particular container vessel liner services within period of 90 days and casting off from 16 container ports. The proposed measures could increase the level of usability of the transporting ships capacities and enable a more accurate and correct account of sea freight rates. The results of the research have shown that by increasing the control of accuracy of the cargo weight in containers and by improving the model of accounting, the freight rates can increase the incomes of shipping companies maintaining the same level of container traffic, which can have a direct influence on the efficiency of their successful operation.

Quality management in shipping. Case study: Maersk Line Denmark

Directory of Open Access Journals (Sweden)

Anca MADAR

2016-07-01

Full Text Available Quality assurance has become very important to the majority of production or service companies with international activity. Maritime transport companies were also required to take measures to implement a quality management system. Because of navigation accidents that had a significant impact on shipping, there was designed a ship safety management code. To put into practice the quality management system, each company adopts specific quality strategies according to their activity.

The Transformation of Swedish Shipping, 1970-2010

OpenAIRE

Sjögren, Hans; Taro Lennerfors, Thomas; Taudal Poulsen, Rene

2012-01-01

Since the early 1970s, as shipping has undergone a period of structural change, Swedish shipping has rapidly declined from a position of global importance. The Swedish-controlled fleet has dwindled, and the structure of the industry itself has changed. This article explores the influence of shipping markets, shipping regulations, company strategies, maritime know-how, and financial resources on the development of Swedish shipping from 1970 to 2010. A comparison is made between, on the one han...

Prevailing ship financing methods applied to major dry-bulk companies

OpenAIRE

Χριστοδούλου, Αγγελική

2015-01-01

Shipping finance of 2014 has altered substantially regarding that of last decades and the shipping companies’ traditional capital structure of bank lending along with shareholders equity gives way to sophisticated and innovative financing methods forming a new capital structure which is more complicated but serves better the present-day financial needs. Not only constitutes the scope of this dissertation to exhibit the current ship-financing instruments but also to seek the optimal capital st...

Costs and benefits of implementing child survival services at a private mining company in Peru.

Science.gov (United States)

Foreit, K G; Haustein, D; Winterhalter, M; La Mata, E

1991-08-01

Costs and savings of child health services were studied in a private mining company in Peru. Despite considerable outlays for medical services, few children under age 5 were vaccinated, and half of their illnesses went untreated. Children who were attended at the company clinic usually received unnecessary medication. As a result of the study, the company hired additional staff to provide integrated maternal-child preventive health care and family planning and contracted for intensive training and periodic on-site supervision. In less than 2 years, vaccination coverage reached 75%, and virtually all children under age 1 were enrolled in growth monitoring. Prescriptions were reduced by 24%, including a 67% drop in antimicrobials. The cost of the new services was $13,200 for the first 2 years. Approximately $6800 has been saved in pharmaceuticals prescribed for respiratory infection and diarrhea. Recently, two more mines adopted maternal and child health and family planning services. It is hoped that cost-benefit arguments will encourage other companies to incorporate aggressive child survival measures into their health plans.

The Transformation of Swedish Shipping, 1970-2010: Markets, regulation, strategies and know-how

DEFF Research Database (Denmark)

Sjögren, Hans; Lennerfors, Thomas Taro; Poulsen, René Taudal

2012-01-01

of shipping markets, shipping regulations, company strategies, maritime know-how, and financial resources on the development of Swedish shipping from 1970 to 2010. A comparison is made between, on the one hand, the direction taken by two failing companies and, on the other, the courses followed by two......Since the early 1970s, as shipping has undergone a period of structural change, Swedish shipping has rapidly declined from a position of global importance. The Swedish-controlled fleet has dwindled, and the structure of the industry itself has changed. This article explores the influence...... companies that managed to grow despite difficult conditions. On a broader level, the article traces the development of expertise in a declining industry....

Private Military Companies: An Assessment

National Research Council Canada - National Science Library

O'Brien, II, James M

2008-01-01

...) as defense contractors. The history of privatized security, consideration of ethical and legal issues, and examination of three case studies allows assessment of PMCs in accordance with five criteria for success...

Privatization impact on the competition strategies of the petroleum companies: a case study; Impactos da privatizacao sobre as estrategias competitivas de empresas de petroleo: um estudo de caso

Energy Technology Data Exchange (ETDEWEB)

Carneiro, Jorge Manoel T.; Cavalcanti, Maria Alice F. Deschamps [PETROBRAS, Rio de Janeiro, RJ (Brazil); Silva, Jorge Ferreira da [Pontificia Universidade Catolica, Rio de Janeiro, RJ (Brazil). Dept. de Administracao de Empresas

1998-07-01

In many countries the deregulation of the petroleum industry has eventually led to the privatization of the national oil companies. As a result of deregulation, the business environment becomes more hostile. The change in the competitive environment, together with the modification in companies ownership, have rise to significant changes in the competitive strategies employed by the companies. When they were State-run, oil companies would show little consistency in the their strategies. However, as private concerns, they have come to present patterns of differentiation strategies coupled with a search for cost parity in the industry. (author)

Nuclear privatization

International Nuclear Information System (INIS)

Jeffs, E.

1995-01-01

The United Kingdom government announced in May 1995 plans to privatize the country's two nuclear generating companies, Nuclear Electric and Scottish Nuclear. Under the plan, the two companies will become operating divisions of a unified holding company, to be called British Electric, with headquarters in Scotland. Britain's nuclear plants were left out of the initial privatization in 1989 because the government believed the financial community would be unwilling to accept the open-ended liability of decommissioning the original nine stations based on the Magnox gas-cooled reactor. Six years later, the government has found a way around this by retaining these power stations in state ownership, leaving the new nuclear company with the eight Advanced Gas-cooled Reactor (AGR) stations and the recently completed Sizewell B PWR stations. The operating Magnox stations are to be transferred to BNFL, which operates two Magnox stations of their own at Calder Hall and Chapelcross

Private sector joins family planning effort.

Science.gov (United States)

1989-12-01

Projects supported by the Directorate for Population (S&T/POP) of the U.S. Agency for International Development and aimed at increasing for-profit private sector involvement in providing family planning services and products are described. Making products commercially available through social-marketing partnerships with the commercial sector, USAID has saved $1.1 million in commodity costs from Brazil, Dominican Republic, Ecuador, Indonesia, and Peru. Active private sector involvement benefits companies, consumers, and donors through increased corporate profits, healthier employees, improved consumer access at lower cost, and the possibility of sustained family planning programs. Moreover, private, for-profit companies will be able to meet service demands over the next 20 years where traditional government and donor agency sources would fail. Using employee surveys and cost-benefit analyses to demonstrate expected financial and health benefits for businesses and work forces, S&T/POP's Technical Information on Population for the Private Sector (TIPPS) project encourages private companies in developing countries to invest in family planning and maternal/child health care for their employees. 36 companies in 9 countries have responded thus far, which examples provided from Peru and Zimbabwe. The Enterprise program's objectives are also to increase the involvement of for-profit companies in delivering family planning services, and to improve the efficiency and effectiveness of private volunteer organizations in providing services. Projects have been started with mines, factories, banks, insurance companies, and parastatals in 27 countries, with examples cited from Ghana and Indonesia. Finally, the Social Marketing for Change project (SOMARC) builds demand and distributes low-cost contraceptives through commercial channels especially to low-income audiences. Partnerships have been initiated with the private sector in 17 developing countries, with examples provided from

Nuclear merchant ship propulsion

International Nuclear Information System (INIS)

Schroeder, E.; Jager, W.; Schafstall, H.G.

1977-01-01

The operation of about 300 nuclear naval vessels has proven the feasibility of nuclear ship propulsion. Until now six non military ships have been built or are under construction. In the Soviet Union two nuclear icebreakers are in operation, and a third one is under construction. In the western world three prototype merchant ships have been built. Of these ships only the NS OTTO HAHN is in operation and provides valuable experience for future large scale use of nuclear merchant ship propulsion. In many countries studies and plans are made for future nuclear merchant ships. Types of vessels investigated are large containerships, tankers and specialized ships like icebreakers or ice-breaking ships. The future of nuclear merchant ship propulsion depends on three interrelated items: (1) nuclear ship technology; (2) economy of nuclear ship propulsion; (3) legal questions. Nuclear merchant ship technology is based until now on standard ship technology and light water reactor technology. Except for special questions due to the non-stationary type of the plant entirely new problems do not arise. This has been proven by the recent conceptual licensing procedure for a large nuclear containership in Germany. The economics of nuclear propulsion will be under discussion until they are proven by the operation of privately owned lead ships. Unsolved legal questions e.g. in connection with port entry permissions are at present another problem for nuclear shipping. Efforts are made to solve these questions on an international basis. The future development of nuclear energy electricity production in large land based plants will stimulate the employment of smaller units. Any future development of long distance sea transport will have to take this opportunity of a reliable and economic energy supply into account

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...

The emergence of integrated private reporting

OpenAIRE

Atkins, Jill; Solomon, A.; Norton, S. D.; Joseph, N. L.

2015-01-01

Purpose: Private social and environmental reporting (SER) has grown considerably in recent years, consistent with a rise in institutional investor engagement and dialogue with investee companies. We interpret the emergence of integrated private reporting through the lens of institutional logics. We frame the emergence of integrated private reporting as a merging of two hitherto separate and possibly rival institutional logics.\\ud Methodology/Approach: We interviewed 19 companies listed on the...

Do Eco-rating Schemes Improve the Environmental Performance of Ships?

DEFF Research Database (Denmark)

Poulsen, René Taudal; Hermann, Roberto Rivas; Smink, Carla K.

2018-01-01

of ships. Extending the private environmental governance literature into a mature service industry with global operations, the paper shows that concerns about eco-rating schemes’ effectiveness also have relevance here. Shipping eco-rating schemes fall short of best practices for design and governance...

Venture Capital and Other Private Equity: A Survey

OpenAIRE

Andrew Metrick; Ayako Yasuda

2010-01-01

We review the theory and evidence on venture capital (VC) and other private equity: why professional private equity exists, what private equity managers do with their portfolio companies, what returns they earn, who earns more and why, what determines the design of contracts signed between (i) private equity managers and their portfolio companies and (ii) private equity managers and their investors (limited partners), and how/whether these contractual designs affect outcomes. Findings highlig...

An Analysis of Ship-Source Marine Pollution in Nigeria Seaports

Directory of Open Access Journals (Sweden)

D. E. Onwuegbuchunam

2017-08-01

Full Text Available Existing studies indicate that marine pollution control in the ports of developing economies is marred by a lack of administrative control and inadequate provision of waste reception facilities. In Nigeria ports, ship generated waste control services and provision of waste reception facilities are outsourced to private companies with no requirement for an activity audit. Apart from the port authority, other government agencies are also involved in pollution monitoring and control. Hence, functions are duplicated and effective regulation is arguably weakened by conflicts of interest. A scientific based integrated model is therefore proposed to address the managerial problem posed in the control of marine pollution in Nigerian ports. In this paper, we conduct a physico-chemical and microbiological analysis of samples of ships’ wastewater to determine the status of marine pollution in the port environment. The samples were collected from randomly selected ships at berths in seaport locations. The outputs from the analysis are then integrated as inputs into an administrative framework model. The integrated model developed is proposed as an alternative administrative tool for monitoring and controlling pollution in seaports. The policy implications of the developed model are discussed.

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

ENERGY MANAGEMENT SYSTEMS AND ISO 50001 ACCREDITATION IN SHIPPING

Directory of Open Access Journals (Sweden)

BRANISLAV DRAGOVIŠ

2017-12-01

Full Text Available The shipping sector is facing new challenges in energy consumption and management. In a recent study conducted by the European Sea Ports Organization (ESPO has shown that energy consumption has risen from 7th place in 2009, to 2nd in 2016, as far as the 10 environmental priorities of European ports. Energy management is seen as the greatest risk for shipping companies, due to the variability existing in the oil and gas markets, in recent decades. Unsuccessful energy management strategies have been shown to have serious consequences for the natural environment, as well as for the companies themselves, which include the enhancement of global warming, and the destruction of a positive corporate image/reputation. Due to this, shipping companies now consider energy as an integral part of their overall strategy and adopt risk management assessments in order to attain the best returns on their investments. The ISO 50001 standard provides a useful tool to companies that are eager to develop and apply an efficient energy strategy consistent with modern Social Corporate Responsibility requirements and aspirations.

Argentina's YPF hones in on privatization

International Nuclear Information System (INIS)

Anon.

1991-01-01

This paper reports on Argentina's push to privatize and attract more foreign investment to its petroleum sector which continues to gather momentum. The Argentine government plans by year end 1992 to sell unprofitable assets of Yacimientos Petroliferos Fiscales, then sell as much as 50% of the state oil company through an international stock offering. If privatization proceeds as expected, YPF Pres. Jose Estenssoro the, the company's stock will be offered to private investors early in 1993. The company was founded in 1922. By March 1992, Argentina also will begin selling all assets of state owned Gas del Estado (GDE) through an international bidding process expected to take about 18 months

Blockchain technology and its impact on financial and shipping services

Directory of Open Access Journals (Sweden)

Viktor Diordiiev

2018-03-01

Full Text Available Introduction. Blockchain technology is becoming one of the main drivers of innovation in the global economy. Its adoption will have a huge impact on how businesses and governments operate and on the way people organize their everyday lives. Financial services industry is the one experiencing the biggest impact of the blockchain disruption so far, while financial institutions are among the first adopters of the technology. At the same time, being a relatively traditional industry, shipping has not yet seen many use cases with blockchain, but the technology is able to change this industry dramatically. Aim and tasks. As the industries of finance and shipping have huge potential in the blockchain space and often interact, determining how the blockchain technology adoption can influence the industries of finance and shipping in the future was the main purpose of this article. Research results. To fulfill this purpose, it was important to describe the origins of the blockchain technology, its main characteristics, functioning principles and consensus algorithms. Supported by the recent hype, cryptocurrencies are the biggest use case for blockchain so far, therefore, the article analyzes the largest of them, including Bitcoin, Ethereum and some others, as well as the cryptocurrency market as a whole. The level of worldwide adoption of blockchain and the overall market size are defined further in the article. Various applications in finance are also mentioned, paying particular attention to the insurance industry. Based on this information, the key areas in which blockchain can disrupt finance and insurance are identified. As the number of blockchain companies increases rapidly, the two main fundraising channels for such companies, venture capital and initial coin offering, are analyzed and compared. The ways in which blockchain may impact the shipping services industry are identified further. Conclusion. Afterwards, the article describes a number of

A Base Integer Programming Model and Benchmark Suite for Liner-Shipping Network Design

DEFF Research Database (Denmark)

Brouer, Berit Dangaard; Alvarez, Fernando; Plum, Christian Edinger Munk

2014-01-01

. The potential for making cost-effective and energy-efficient liner-shipping networks using operations research (OR) is huge and neglected. The implementation of logistic planning tools based upon OR has enhanced performance of airlines, railways, and general transportation companies, but within the field......The liner-shipping network design problem is to create a set of nonsimple cyclic sailing routes for a designated fleet of container vessels that jointly transports multiple commodities. The objective is to maximize the revenue of cargo transport while minimizing the costs of operation...... sources of liner shipping for OR researchers in general. We describe and analyze the liner-shipping domain applied to network design and present a rich integer programming model based on services that constitute the fixed schedule of a liner shipping company. We prove the liner-shipping network design...

The benefits and pitfalls of employees working from home: Study of a private company in South Africa

Directory of Open Access Journals (Sweden)

Ajay K Garg

2015-07-01

Full Text Available Working from home is a worldwide trend and effect companies in various ways. This study focussed on South African circumstances and examined the cost saving implications for a private company and their employees if they would be able and allowed to work from home. Further, relationships between structural and relational factors with experience with virtual work were studied. Based on the data collected from 48 respondents, study found that majority of the employees were willing to work from home and the savings to company was estimated at R1 058.25 per month on rental, electricity, levy, rates, sewer and water expenses, while employees could save an average of R8 822.06 per month if they do not travel to work. On the other hand employees will spend only R347 per employee if they work from home. Relationship between structural factors and relational factors with perceived virtual work experience was found positive. Professional isolation and job performance was found highly negatively correlated.

Pre–Emption Right of Shareholders to Purchase Shares for Sale in Private Limited Liability Companies: The Problematic Legal Remedies

Directory of Open Access Journals (Sweden)

Virginijus Bitė

2016-06-01

Full Text Available This article analyses the problems that can arise when implementing the rights of shareholders in private limited liability companies to purchase the shares of another shareholder being for sale in priority to others and the possible legal remedies for violated rights. According to the practice of the Lithuanian Supreme Court, the rights of the buyer cannot be assigned to a private limited liability company shareholder whose pre-emption right to purchase the shares being for sale has been breached. However, in this article it is being argued that perhaps in certain exceptional cases, in order to create fair business practice and ensure a “tangible” result for the plaintiff in relation to the judgment, the court could (should take advantage of the freedom to maneuver and, by implementing justice, change the method of restitution (pertaining to the subject – assign the shares to the plaintiff (an aggrieved shareholder simultaneously creating an obligation on the same person to settle properly with the last owner of the disputed shares.

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

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.

Barriers to the Implementation of Strategic Corporate Social Responsibility in Shipping

Directory of Open Access Journals (Sweden)

Kum Fai Yuen, PhD Candidate

2016-03-01

Full Text Available Strategic corporate social responsibility (CSR involves the voluntary practice of social and environment activities to satisfy firms’ stakeholders, with the intention of generating profits. Companies, especially those within the shipping industry, often face challenges when implementing strategic CSR. The paper therefore, seeks to identify, rank, and discuss the barriers to the implementation of strategic CSR in shipping. A list of barriers was first identified from reviewing the literature. Subsequently, a survey was administered to 600 shipping companies in Singapore and the collected data were analysed using structural equation modelling. The results showed that factors relating to lack of resources, lack of strategic vision, lack of measurement system, high regulatory standards, and low willingness to pay for CSR are significant barriers to implementing strategic CSR in shipping. The findings imply that the practice of strategic CSR is contingent on both the firm's macro-environment and micro-environment, albeit to a lesser extent. Understanding these potential barriers can help companies avoid or overcome these barriers and improve their chances of successfully implementing strategic CSR.

Private Placement Debt Financing for Public Entities

Science.gov (United States)

Holman, Lance S.

2010-01-01

Private placement financing is a debt or capital lease obligation arranged between a municipality or a 501(c) (3) not-for-profit organization and a single sophisticated institutional investor. The investor can be a bank, insurance company, finance company, hedge fund, or high-net worth individual. Private placement financing is similar to…

Investment criteria of private equity/venture capital funds and financial performance of companies before initial investment

Directory of Open Access Journals (Sweden)

Zbigniew Drewniak

2013-12-01

Full Text Available Understanding and recognizing of the investment criteria of private equity/venture capital seems to be crucial for all parties of this market. Entrepreneurs, who are looking for the capital for financing their businesses, can easier find the most proper fund and better formulate their expectations. For the funds, specifying theirs investment criteria is the reflection of the investment strategy leading to its better wording. The fund's investmentcriteriaare also importantfor investors - capital donors. First of allthey wantto knowin whattypes of assetswill be investedtheirfunds. That can help to assess the risk involved in the investment and calculate the expected rate of return. In addition topresentation ofthe investment criteriaof private equity/venture capital funds, thepaper refers to thecompany's financialsituationbefore investments. That draw the company profile, the funds are most interested to invest. The turnover, net profit, profitability ratios and liquidity were analyzed to specify this profile.

Bolivian petroleum privatization taking shape

International Nuclear Information System (INIS)

Anon.

1995-01-01

Bolivia is boldly embracing a free market philosophy that extends to liberalization of the country's petroleum sector. Although petroleum industry privatization is being considered by several South American countries, only Argentina has so far completely opened its oil sector and fully privatized its state oil company. The Bolivian government's own version of privatization, capitalization, is a groundbreaking attempt to attract massive investment from the private sector without leaving the government open to accusations of stripping the country's assets for short term electoral gain. The paper discusses the government's strategy to sell the state owned company either as a single unit or to split it into upstream and downstream units. Questions still to be resolved, international interest in the move, bolivian potential, and the gas supply infrastructure are also discussed

Private equity and public-to-private transactions

NARCIS (Netherlands)

P.G.J. Roosenboom (Peter)

2013-01-01

textabstractWhat considerations lie behind the decision to mount a management buy-out of a publicly listed firm, and should third party investors be involved? Indeed, does the involvement of private equity investors actually aid company performance after a deal is done?

Privatization in economic theory

Directory of Open Access Journals (Sweden)

Drakić Maja

2007-01-01

Full Text Available In reality privatization has never occurred according to the handbook rules of ordinary market transactions. Not even in advanced market economies can privatization transactions be described by the Walrasian or Arrowian, or Leontiefian equilibrium models, or by the equilibrium models of the game theory. In these economies transactions of privatization take place in a fairly organic way – which means that those are driven by the dominance of private property rights and in a market economy. But despite this fact Western privatization also some peculiar features as compared to ordinary company takeovers, since the state as the seller may pursue non – economic goals. Changes in the dominant form of property change positions and status of many individuals and groups in the society. That’s why privatization can even less be explained by ordinary market mechanisms in transition countries where privatizing state-owned property have happened in a mass scale and where markets and private property rights weren't established at the time process of privatization began. In this paper I’ll discuss and analyze the phenomenon of privatization in context of different economic theories arguing that empirical results go in favor of the public choice theory (Buchanan, 1978, theory of "economic constitution" (Brennan and Buchanan 1985, (Buchanan and Tullock, 1989, and theory of "collective action" (Olson, 1982. These theories argues that transition from one economic system into another, for example transition from collectivistic, socialistic system into capitalism and free market economy with dominant private property, will not happen through isolated changes of only few economic institutions, no matter how deep that changes would be. In other words privatization can not give results if it's not followed by comprehensive change of economic system because privatized companied wouldn't be able to operate in old environment.

LCA-ship. Design tool for energy efficient ships. A Life Cycle Analysis Program for Ships. Final report

Energy Technology Data Exchange (ETDEWEB)

Jiven, Karl; Sjoebris, Anders [MariTerm AB, Goeteborg (Sweden); Nilsson, Maria [Lund Univ. (Sweden). Stiftelsen TEM; Ellis, Joanne; Traegaardh, Peter; Nordstroem, Malin [SSPA Sweden AB, Goeteborg (Sweden)

2004-05-01

In order to make it easier to include aspects during ship design that will improve environmental performance, general methods for life cycle calculations and a prototype tool for LCA calculations of ships and marine transportation have been developed. The base of the life cycle analyses is a comprehensive set of life cycle data that was collected for the materials and consumables used in ship construction and vessel operations. The computer tool developed makes it possible to quickly and simply specify (and calculate) the use of consumables over the vessel's life time cycle. Special effort has been made to allow the tool to be used for different types of vessels and sea transport. The main result from the project is the computer tool LCA ship, which incorporates collected and developed life cycle data for some of the most important materials and consumables used in ships and their operation. The computer application also contains a module for propulsion power calculations and a module for defining and optimising the energy system onboard the vessel. The tool itself is described in more detail in the Computer application manual. The input to the application should, as much as possible, be the kind of information that is normally found in a shipping company concerning vessel data and vessel movements. It all starts with defining the ship to be analysed and continues with defining how the ship is used over the lifetime. The tool contains compiled and processed background information about specific materials and processes (LCA data) connected to shipping operations. The LCA data is included in the tool in a processed form. LCA data for steel will for example include the environmental load from the steel production, the process to build the steel structure of the ship, the scrapping and the recycling phase. To be able to calculate the environmental load from the use of steel the total amount of steel used over the life cycle of the ship is also needed. The

A Case Study on Corporate Social Responsibility: A Study on Awareness of CSR – Evidence from Private Company in Erbil

Directory of Open Access Journals (Sweden)

Dania Duraid Bajalan

2017-11-01

Full Text Available The purpose of this research is to analyze the concept of Corporate Social Responsibility (CSR and how this responsibility is capable to improve the corporate reputation. In order to do that one of the car companies in Erbil, has been chosen to have an overview about the customers, whether they have a system or a certain procedure toward customers, suppliers, shareholders and community as a whole. In previous years, organizations believe that there is a negative relationship between business and being socially responsible, but in now a days there is external pressure for the organizations to be socially responsible by monitoring the organizations and reporting their social performance so that the company value and the level confidence of the stakeholders increase. A survey of an Iraqi Private company has been taken and analyzed as the best example for the subject research. Corporate Reputation plays very specific and important role in any company as it is usually reflected on the decisions made by any company to approach or to do business with in the company. Corporate Social responsibility is considered as an advantage that should be carefully managed.

Peruvian projects, privatization proceeding

Energy Technology Data Exchange (ETDEWEB)

1992-10-19

This paper reports that Petroleos del Peru is forging ahead on several fronts despite Peru's political turmoil and uncertainty over where government ordered-privatization will take it. The state oil company: is expected to sign contract soon related to development of Chambira oil field in the northern jungle; let contract to a group of Peruvian and Brazilian companies for construction of an oil terminal at Talara on the Pacific coast; and received expressions of interest in participating in an operating contract on an offshore block operated by its Petromar SA offshore subsidiary under the government's privatization program.

Peruvian projects, privatization proceeding

International Nuclear Information System (INIS)

Anon.

1992-01-01

This paper reports that Petroleos del Peru is forging ahead on several fronts despite Peru's political turmoil and uncertainty over where government ordered-privatization will take it. The state oil company: is expected to sign contract soon related to development of Chambira oil field in the northern jungle; let contract to a group of Peruvian and Brazilian companies for construction of an oil terminal at Talara on the Pacific coast; and received expressions of interest in participating in an operating contract on an offshore block operated by its Petromar SA offshore subsidiary under the government's privatization program

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...

Research of private label development in Croatia

Directory of Open Access Journals (Sweden)

Sandra Horvat

2009-07-01

Full Text Available Private labels have been present on the market since 19th century but their intensive market growth began in the last thirty years after retailers realized what their potential could be in the fight against ever-growing competition. Their market growth has not been distributed equally thought the world so Europe became the region with the highest private label market share, which exceeds 40% on some markets. Although the private label market share in Croatia is considerably smaller, it has also increased steadily over the last decade since private labels were introduced on the market. This paper presents the findings of a research conducted for the purpose of identifying trends in private label development on the Croatian market. The research was conducted through in-depth interviews with private label managers in retail companies in Croatia, and with the managers responsible for private label production in manufacturing companies. The research identified three expected trends of private label development in Croatia and these are: an increase in private label quality, the maintenance of a price gap between private labels and manufacturers’ brands and a further increase in the private label market share.

The Turkish state as a "neoliberal leviathan" under the AKP rule : the case of private security companies

OpenAIRE

Şanver, Abdullah

2015-01-01

This study focuses on private security companies as a component of the AKP’s security policies, which has enabled the Turkish state to extend its dominance over the society. The AKP era, spanning over ten years in Turkey, is a continuity of the neoliberal transformation that began with the Özal era in the 1980s. As the new actor of neoliberal transformation in Turkey, the AKP has implemented the transformation in question extensively. Thus, the AKP reign has become a period when the instituti...

Portugal's Petrogal eyes expansion amid continuing privatization

International Nuclear Information System (INIS)

Anon.

1995-01-01

Portugal's recently privatized state oil company Petrogal is about to embark on a major expansion worldwide. That comes against the backdrop of major change in Portugal's energy sector and the rocky road to Petrogal's partial privatization. Despite the controversy, there remain opportunities for foreign companies investing in Portugal's energy sector. The most attractive opportunities are in Portugal's downstream petroleum sector and in the country's continuing campaign to develop its natural gas industry. Typical of the latter is Portugal's participation in the Trans-Maghreb gas pipeline megaproject. The paper discusses the background to privatization, its current status, Petrogal strategy, modernization of refineries, a joint partnership with Venezuela, constraints, energy policy program, gas pipeline privatization, and concerns of the gas industry

Study on Economic Regulation of Collaborative Strategies among Container Shipping Companies Following Repeal of European Union Regulation 4056/86

Directory of Open Access Journals (Sweden)

Rawindaran Nair

2016-06-01

Full Text Available The European Union removed the block exemption granted under Regulation 4056/86, to liner shipping companies to provide scheduled services on a collaborative basis effective October 2008. This has also been followed by the proposed P3 alliance with participation of Maersk, MSC and CMA CGM. This paper explores, the arguments adopted by the US Federal Maritime Commission, the European Commission and the Ministry of Commerce of China, in rejecting the case proposed by the P3 alliance. The findings of this paper will inform on understanding strategies adopted by major Competition Regulatory authorities in their interpretation of horizontal collaboration in the industry.

32 CFR 700.871 - Responsibility for safety of ships and craft at a naval station or shipyard.

Science.gov (United States)

2010-07-01

... a timely and adequate manner. (c) When a ship or craft not under her own power is being moved by... contractor. (d) When a ship operating under her own power is being drydocked, the commanding officer shall be... ship. (e) When a naval ship is to be drydocked in a private shipyard under a contract being...

The world's first supply ship powered by natural gas

International Nuclear Information System (INIS)

2003-01-01

The article describes the newly developed natural gas powered supply ship ''Viking Energy'', which reduces the emission of NOx by 200 tonnes per year. The shipping company has for many years been working on the developing of environmentally friendly ships with less fuel consumption. The gas is stored in liquid form at a temperature of 160 o C. The engines can run on gas or diesel as needed. These dual-fuel engines offers great flexibility, which is very desirable since liquid natural gas is not widely available along the coast. This type of engine has been used in power stations and on offshore platforms, but not in ships. The operating conditions are quite different for ships than for power stations. So far, both investment and operating costs are higher than for conventional ships

An integer programming model and benchmark suite for liner shipping network design

DEFF Research Database (Denmark)

Løfstedt, Berit; Alvarez, Jose Fernando; Plum, Christian Edinger Munk

effective and energy efficient liner shipping networks using operations research is huge and neglected. The implementation of logistic planning tools based upon operations research has enhanced performance of both airlines, railways and general transportation companies, but within the field of liner......Maritime transportation is accountable for 2.7% of the worlds CO2 emissions and the liner shipping industry is committed to a slow steaming policy to provide low cost and environmentally conscious global transport of goods without compromising the level of service. The potential for making cost...... along with a rich integer programming model based on the services, that constitute the fixed schedule of a liner shipping company. The model may be relaxed as well as decomposed. The design of a benchmark suite of data instances to reflect the business structure of a global liner shipping network...

On the Real Effects of Private Equity

NARCIS (Netherlands)

P.G.J. Roosenboom (Peter)

2009-01-01

textabstractPrivate equity has become an increasingly important part of our economy. Around the world the companies owned by private equity investors account for a substantial percentage of Gross Domestic Product (GDP) and private sector employment. These investors have recently been under fire in

Areva's privatization uncertainties

International Nuclear Information System (INIS)

Jemain, A.

2004-01-01

The French nuclear public group Areva (the fusion of CEA-Industrie, Framatome and Cogema companies) will actively prepare its privatization and stock exchange introduction before the end of the first half of 2005, in order to re-launch its acquisitions and associations policy. However, the advantages of this privatization with a preponderant public share-holding will depend on the intentions of the French government. Short paper. (J.S.)

Time constrained liner shipping network design

DEFF Research Database (Denmark)

Karsten, Christian Vad; Brouer, Berit Dangaard; Desaulniers, Guy

2017-01-01

We present a mathematical model and a solution method for the liner shipping network design problem. The model takes into account coordination between vessels and transit time restrictions on the cargo flow. The solution method is an improvement heuristic, where an integer program is solved...... iteratively to perform moves in a large neighborhood search. Our improvement heuristic is applicable as a real-time decision support tool for a liner shipping company. It can be used to find improvements to the network when evaluating changes in operating conditions or testing different scenarios...

Designing Indonesian Liner Shipping Network

Directory of Open Access Journals (Sweden)

Armand Omar Moeis

2017-06-01

Full Text Available As the largest archipelago nation in the world, Indonesia’s logistics system has not shown excellence according to the parameters of logistics performance index and based on logistics costs percentages from overall GDP. This is due to the imbalances of trading on the western and eastern regions in Indonesia, which impacts the transportation systems costs to and from the eastern regions. Therefore, it is imperative to improve the competitiveness of Indonesian maritime logistics through maritime logistics network design. This research will focus on three levels of decision making in logistics network design, which include type of ships in the strategic level, shipping routes in the tactical level, and container allocation in the operational level with implementing butterfly routes in Indonesia’s logistics networking problems. Furthermore, this research will analyze the impact of Pendulum Nusantara and Sea Toll routes against the company profits and percentages of containers shipped. This research will also foresee how demand uncertainties and multi-period planning should affect decision making in designing the Indonesian Liner Shipping Network.

Private sector in public health care systems

OpenAIRE

Matějusová, Lenka

2008-01-01

This master thesis is trying to describe the situation of private sector in public health care systems. As a private sector we understand patients, private health insurance companies and private health care providers. The focus is placed on private health care providers, especially in ambulatory treatment. At first there is a definition of health as a main determinant of a health care systems, definition of public and private sectors in health care systems and the difficulties at the market o...

75 FR 42766 - National Flood Insurance Program (NFIP); Assistance to Private Sector Property Insurers...

Science.gov (United States)

2010-07-22

...] National Flood Insurance Program (NFIP); Assistance to Private Sector Property Insurers, Availability of... Financial Assistance/Subsidy Arrangement (Arrangement), (90 as of June 1, 2010) private sector property... Financial Assistance/ Subsidy Arrangement (Arrangement) to notify private insurance companies (Companies...

76 FR 45281 - National Flood Insurance Program (NFIP); Assistance to Private Sector Property Insurers...

Science.gov (United States)

2011-07-28

...] National Flood Insurance Program (NFIP); Assistance to Private Sector Property Insurers, Availability of... Financial Assistance/Subsidy Arrangement (Arrangement), 87 (as of July 1, 2011) private sector property... Financial Assistance/ Subsidy Arrangement (Arrangement) to notify private insurance companies (Companies...

Climate, Companies, and Public Policy: How Transparent Is the Private Sector in Reporting Climate Policy Influence?

Science.gov (United States)

Goldman, G. T.; Carlson, C.

2014-12-01

To enact effective policies to address climate change, decision makers need both scientific and political support. One major barrier to U.S. climate policy enactment has been the opposition of private sector actors to proposed policies and to climate science itself. Increasingly, the public and investors are holding companies accountable for their actions around climate change—including political activies, affiliations with trade groups, and involvement with climate science. However, this accountability is inhibited by the prominent role that trade associations have played in climate policy debates in recent years. The opaque nature of such groups is problematic, as it inhibits the public from understanding who is obstructing progress on addressing climate change, and in some cases, impedes the public's climate literacy. Voluntary climate reporting can yield some information on companies' climate engagement and demonstrates the need for greater transparency in corporate political activities around climate change. We analyze CDP climate reporting data from 1,824 companies to assess the degree to which corporate actors disclosed their political influence on climate policies through their trade associations. Results demonstrate the limitations of voluntary reporting and the extent to which companies utilize their trade associations to influence climate change policy debates without being held accountable for these positions. Notably, many companies failed to acknowledge their board seat on trade groups with significant climate policy engagement. Of those that did acknowledge their board membership, some claimed not to agree with their trade associations' positions on climate change. These results raise questions about who trade groups are representing when they challenge the science or obstruct policies to address climate change. Recommendations for overcoming this barrier to informed decision making to address climate change will be discussed.

78 FR 52780 - National Flood Insurance Program (NFIP); Assistance to Private Sector Property Insurers...

Science.gov (United States)

2013-08-26

...] National Flood Insurance Program (NFIP); Assistance to Private Sector Property Insurers, Availability of FY... Assistance/Subsidy Arrangement (Arrangement), 85 (as of June 2013) private sector property insurers sell... Financial Assistance/ Subsidy Arrangement (Arrangement) to notify private insurance companies (Companies...

77 FR 36566 - National Flood Insurance Program (NFIP); Assistance to Private Sector Property Insurers...

Science.gov (United States)

2012-06-19

...] National Flood Insurance Program (NFIP); Assistance to Private Sector Property Insurers, Availability of FY... Assistance/Subsidy Arrangement (Arrangement), 82 (as of April, 2012) private sector property insurers sell... Financial Assistance/ Subsidy Arrangement (Arrangement) to notify private insurance companies (Companies...

46 CFR 298.38 - Partnership agreements and limited liability company agreements.

Science.gov (United States)

2010-10-01

... 46 Shipping 8 2010-10-01 2010-10-01 false Partnership agreements and limited liability company... liability company agreements. Partnership and limited liability company agreements must be in form and...) Duration of the entity; (b) Adequate partnership or limited liability company funding requirements and...

How Well are Water Companies Engaged in CSR?

DEFF Research Database (Denmark)

Lauesen, Linne Marie

2014-01-01

Purpose – The purpose of this paper is to investigate how well water companies in four different nationalities and political cultures are engaged in the CSR discourse. This question is relevant after more than 20 years of privatization of the public administration's bureaucracy and its adoption...... of management styles, behaviours and thinking from the private business sphere. This paper seeks to critically examine how water companies take part in the CSR discourse, by which institutional mechanisms this managerial “thinking” in terms of institutional “logics” has come about, and which adopted “meanings......” lie behind. Design/methodology/approach – The paper shows a qualitatively, ethnographic investigation and discourse analysis of privatized water companies from four different political and market economy nations; small- and medium-sized water companies from the social-democratic state of Denmark...

Study of Volatility of New Ship Building Prices in LNG Shipping

Directory of Open Access Journals (Sweden)

T. Bangar Raju

2016-12-01

Full Text Available The natural gas market has been expanding in size and has attracted particular attention across the global energy market. Although most natural gas transportation is carried out through pipelines, almost one third of it is done with the help of merchant vessels, capable of carrying liquefied natural gas. These LNG carriers have a special design and thus can be treated as a separate class of global fleet. New vessels are huge capital investments by vessel owning companies and just like other vessel classes; the new shipbuilding prices for the LNG segment continue to be a key aspect in the decision making of business players. Additionally these prices can be volatile as new ship building prices fluctuate with time. This paper attempts to analyse the volatility of new ship building prices of LNG carriers. For the study, the average ship building prices for all the LNG carriers having volume carrying capacity is between 160,000 – 173,000 cbm to be delivered between 2016 – 2019 were taken into account. For the analysis, GARCH and EGARCH methods were applied on the data set. The analysis concluded that there is a great deal of volatility in the new ship building prices of LNG vessels. It was also identified that negative shocks were more persistent the positive shocks.

Network Design Models for Container Shipping

DEFF Research Database (Denmark)

Reinhardt, Line Blander; Kallehauge, Brian; Nielsen, Anders Nørrelund

This paper presents a study of the network design problem in container shipping. The paper combines the network design and fleet assignment problem into a mixed integer linear programming model minimizing the overall cost. The major contributions of this paper is that the time of a vessel route...... is included in the calculation of the capacity and that a inhomogeneous fleet is modeled. The model also includes the cost of transshipment which is one of the major cost for the shipping companies. The concept of pseudo simple routes is introduced to expand the set of feasible routes. The linearization...

The Role of the Nobility in the Development of Navigation on the Danube (XIX - early XX centuries

Directory of Open Access Journals (Sweden)

Liliya Tsyganenko

2013-08-01

Full Text Available The questions of the place and role of the nobility of Bessarabia in the development of transport Infrastructure of the region in the late 19th - early 20th centuries is disscused. The activity of Prince Y. Gagarin - the first founder of shipping company on the Danube - Russian-Danube Shipping Company, which by 1886 evolved into a major joint-venture private limited transport in Bessarabia - Black Sea-Danube Shipping

Using Face Recognition System in Ship Protection Process

Directory of Open Access Journals (Sweden)

Miroslav Bača

2006-03-01

Full Text Available The process of security improvement is a huge problem especiallyin large ships. Terrorist attacks and everyday threatsagainst life and property destroy transport and tourist companies,especially large tourist ships. Every person on a ship can berecognized and identified using something that the personknows or by means of something the person possesses. The bestresults will be obtained by using a combination of the person'sknowledge with one biometric characteristic. Analyzing theproblem of biometrics in ITS security we can conclude that facerecognition process supported by one or two traditional biometriccharacteristics can give very good results regarding ship security.In this paper we will describe a biometric system basedon face recognition. Special focus will be given to crew member'sbiometric security in crisis situation like kidnapping, robbelyor illness.

MODEL PENDANAAN ARMADA KAPAL NASIONAL FUNDING MODEL of NATIONAL SHIP ARMADA

Directory of Open Access Journals (Sweden)

Mohd Ridwan

2012-02-01

Full Text Available Domination of Foreign ship armada in trading activity of exsport/import and interisland in Indonesia,couse deficit state 99 trilium rupiah per year. The national shipping armada can not serve sea transportto support commercial activity. They have not provides enough ship armada capacity for tradingcommodity, and dosent enaugh funding development of new ship armada, so that national armada freightcapacity always downwards along increasingly ship age. Economic from transportation sector of seawhich capital intensive, labour intensive and high tech, requires a policy of government which insubvention with funding especially from banking sector and finance companies non bank. It is requiredmodel or funding pattern which to support the sector, expected later national ship armada can transportall commerce commodity of exsport/import and interisland in country

East India Company Logbooks - Images

Data.gov (United States)

National Oceanic and Atmospheric Administration, Department of Commerce — This collection consists of images of 1,235 ship logbooks created during British East India Company voyages. Period of record 1786-1834, peaking in 1804. The...

Is Swedish district heating operating on an integrated market? – Differences in pricing, price convergence, and marketing strategy between public and private district heating companies

International Nuclear Information System (INIS)

Åberg, M.; Fälting, L.; Forssell, A.

2016-01-01

The deregulation of the Swedish electricity market in 1996 made it possible to operate municipal district heating commercially. Until that time district heating had been organized mainly as municipal utilities. After 1996 district heating is instead expected to function on a market. In competitive and integrated markets, prices are expected to be equal, or converging. To find out if district heating operates on an integrated market the differences in price levels, price convergence, price strategy, and business goals, among municipal, private and state owned district heating companies are investigated. Price statistics was used along with results from a questionnaire that was answered by representatives for 109 Swedish district heating companies. The results show that prices among district heating systems do not converge significantly and that variations in prices among municipal systems are larger than among private and state owned systems. Furthermore, despite the fact that district heating is supposed to be commercial, a vast majority of district heating companies apply cost-based pricing and not market pricing. The municipal companies give priority to political goals before financial goals. The conclusion is that a Swedish integrated market for heat has not yet evolved, and some district heating price-controlling mechanism is necessary. - Highlights: • Price statistics and owner type data were used along with results from a questionnaire. • Results show that prices among district heating systems do not converge. • Municipal district heating companies still apply cost-based pricing to a large extent. • District heating companies are not operating on an integrated market for heat. • Some price-controlling mechanism for district heating is necessary.

Sunken ships and a long-lost port

Digital Repository Service at National Institute of Oceanography (India)

Tripati, S.; Sundaresh.; Gaur, A; Vora, K.H.

armed Portuguese sailing ship, went down at Sunchi Reef about 400 years ago; the second vessel, carrying cargo for a Basel mission company based in India, went down at St. George’s Reef, either in 1865 or some time thereafter. What goods where...

A Way Forward for Ship Classification and Technical Services

Directory of Open Access Journals (Sweden)

Lam-Bee Goh

2014-04-01

Full Text Available Classification societies are one of key organizations that promote the highest standards in ship safety and quality shipping. The paper reviews the ship classification industry and identifies what the classification societies can do to add value to the maritime industry more effectively. To meet this objective, an analysis of the five competitive forces is carried out, together with an opinion survey performed on some of the leading shipping companies, to assess and to establish some of the key factors which should be considered when formulating an overall business strategy for the growth of the classification services business. The findings from the study are discussed with the strategic options and choices. A classification services industrial value chain analysis together with ship management and operation is undertaken to explore the opportunities for classification societies. These findings also provide guidance to policy-makers who design and seek to implement more effective international shipping policies.

EFFECTS OF PRIVATIZATION TO IMPROVE FINANCIAL PERFORMANCE AND EFFICIENCY OF STATE ENTERPRISES IN IRAN

Directory of Open Access Journals (Sweden)

Hossein Akbari Radzhabali

2016-04-01

Full Text Available In accordance with Article 44 of the Constitution of the Islamic Republic of Iran, the Iranian economy is made up of three separate parts: state, cooperative and private. The public sector includes all major industries, mines, roads, rails and more. The cooperative sector includes cooperatives operating in the field of production and distribution. The private sector includes companies and private producers, industry, construction and other services and commercial activities in which the public sector and to co-operate. As a result, the private sector plays a very important role. The impact of privatization through economic analysis and statistical surveys. (The difference between before and after privatization. This study evaluated the effectiveness of privatization through the financial performance of companies privatized between 1999 to 2008 were tested. To achieve this, the number of 13 companies were selected that were privatized between 2007 and 2014. Then, about four dependent variables were studied. Privatization, as well as the independent variable were calculated. These studies were examined on the basis of a statistical method used to test hypotheses and annual financial statements. The results showed that privatization is the combined effect on the performance of the companies surveyed. The privatization program will also have a positive impact on the company’s financial performance, such as the EVA, operating cash flow and return on equity and return on investment does not affect the speed.

The European Private Company: Do We Need Another 28th Private Legal Form in the EU? On Regulatory Competition of Corporate Law

Directory of Open Access Journals (Sweden)

Martina Eckardt

2012-12-01

Full Text Available Small and medium-sized enterprises (SMEs are of vital importance for employment, innovation and growth in the EU member states. However, so far only a rather small number participates in international business activities. The European private company is intended to support SMEs’ internationalization. In this paper we analyse whether such an additional supranational legal form is necessary. In a first step we show that from the normative point of view of interjurisdictional competition arguments from welfare economics, public choice and evolutionary economics are mainly in favour of it. In a next step we ask from a positive point of view whether it is nevertheless necessary at all. We discuss to what extent horizontal competition on legal forms is already working within the EU. We find that there is some competition taking place, however, so far it does not address specifically the needs of SMEs when doing business internationally

Privatization costs

International Nuclear Information System (INIS)

Jackson, I.

2007-01-01

The efforts in progress now in Great Britain to liberalize the nuclear decommissioning activity market imply that by 2012 the competitive commercial private companies will lead the national nuclear decommissioning and decontamination related activity market. Paper dwells upon the new market peculiar features and upon some peculiar features of the new market related activities [ru

Venturing into the private sector: Conclusion

International Nuclear Information System (INIS)

Anon.

1993-01-01

From the very beginning, HEU has been a government-to-government deal. And right fully so. These weapons were produced by the US and Russia over the course of the Cold War. The two superpowers should play the main role in their dismantlement. After all, these aren't cars or microcomputers we're talking about. They are weapons of mass destruction. One day, private business will profit from their dismantlement. But it is truly the responsibility of the US and Russian governments to accomplish the larger objective of the HEU deal: To destroy these weapons, once and for all. But if government can fulfill the role of moral overseer, there's no reason why the private sector should not be involved in implementing the plan. And there is no shortage of companies lining up for a piece of the business. The Russians are all ears. While a deal with the US is their main priority, they've spoken to a number of private companies about blending down and marketing the HEU. In recent months, several US companies have signed preliminary agreements with the Russians. But what actual business these agreements will lead to is very unclear

Terrorism: The Challenge to the Private Sector,

Science.gov (United States)

private sector , security is a line management responsibility, particularly where goals and objectives, information protection, and protection of key assets are concerned. Each company in the corporate world has a different personality. The goals are pretty much the same, but once you get below that initial goal, then you go to beliefs. Some companies are very macho. Some companies won’t let a security man interview a suspect, some companies will. Companies are very hesitant to go th extremes. Companies are both image conscious and fundamentally ethical. They truly do

Private investment purchase and nursing home financial health.

Science.gov (United States)

Orfaly Cadigan, Rebecca; Stevenson, David G; Caudry, Daryl J; Grabowski, David C

2015-02-01

To explore the impact of nursing home acquisition by private investment firms on nursing home costs, revenue, and overall financial health. Merged data from the Medicare Cost Reports and the Online Survey, Certification, and Reporting system for the period 1998-2010. Regression specification incorporating facility and time fixed effects. We found little impact on the financial health of nursing homes following purchase by private investment companies. However, our findings did suggest that private investment firms acquired nursing home chains in good financial health, possibly to derive profit from the company's real estate holdings. Private investment acquired facilities are an important feature of today's nursing home sector. Although we did not observe a negative impact on the financial health of nursing homes, this development raises important issues about ownership oversight and transparency for the entire nursing home sector. © Health Research and Educational Trust.

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)

Tramp Ship Routing and Scheduling - Incorporating Additional Complexities

DEFF Research Database (Denmark)

Vilhelmsen, Charlotte

to mergers, pooling, and collaboration efforts between shipping companies, the fleet sizes have grown to a point where manual planning is no longer adequate in a market with tough competition and low freight rates. This thesis therefore aims at developing new mathematical models and solution methods...... for tramp ship routing and scheduling problems. This is done in the context of Operations Research, a research field that has achieved great success within optimisation-based planning for vehicle routing problems and in many other areas. The first part of this thesis contains a comprehensive introduction...

Optimal Order Strategy in Uncertain Demands with Free Shipping Option

Directory of Open Access Journals (Sweden)

Qing-Chun Meng

2014-01-01

Full Text Available Free shipping with conditions has become one of the most effective marketing tools; more and more companies especially e-business companies prefer to offer free shipping to buyers whenever their orders exceed the minimum quantity specified by them. But in practice, the demands of buyers are uncertain, which are affected by weather, season, and many other factors. Firstly, we model the centralization ordering problem of retailers who face stochastic demands when suppliers offer free shipping, in which limited distributional information such as known mean, support, and some deviation measures of the random data is needed only. Then, based on the linear decision rule mainly for stochastic programming, we analyze the optimal order strategies of retailers and discuss the approximate solution. Further, we present the core allocation between all retailers via dual and cooperative game theory. The existence of core shows that each retailer is pleased to cooperate with others in the centralization problem. Finally, a numerical example is implemented to discuss how uncertain data and parameters affect the optimal solution.

[Public and private: insurance companies and medical care in Mexico].

Science.gov (United States)

Tamez, S; Bodek, C; Eibenschutz, C

1995-01-01

During the late 70's and early 80's in Mexico, as in the rest of Latin-America, sanitary policies were directed to support the growth of the private sector of health care at the expense of the public sector. This work analyzes the evolution of the health insurance market as a part of the privatization process of health care. The analysis based on economic data, provides the political profile behind the privatization process as well as the changes in the relations between the State and the health sector. The central hypothesis is that the State promotes and supports the growth of the private market of medical care via a series of legal, fiscal and market procedures. It also discusses the State roll in the legal changes related to the national insurance activity. A comparative analysis is made about the evolution of the insurance industry in Argentina, Brazil, Chile and Mexico during the period 1986-1992, with a particular enfasis in the last country. One of the principal results is that the Premium/GNP and Premium/per capita, display a general growth in the 4 countries. This growth is faster for Mexico for each one) because the privatization process occurred only during the most recent years. For the 1984-1991 period in Mexico the direct premium as percentage of the GNP raised from 0.86% to 1.32%. If one focussed only in the insurance for health and accidents branches the rice goes form 8.84% in 1984 to 19.08% in 1991. This indicates that the insurance industry is one of the main targets of the privatization process of the health care system in Mexico. This is also shown by the State support to fast expansion of the big medical industrial complex of the country. Considering this situation in the continuity of the neoliberal model of Mexico, this will profound the inequity and inequality.

Does Ownership Matter? Employee Selection Practices in Private and Public Sectors

Directory of Open Access Journals (Sweden)

Codruţa OSOIAN

2011-06-01

Full Text Available The continuous need to adapt to the dynamics of the environment requires employers from both public and private sectors to select qualified human resources. It is people who lead the organization towards performance, and selecting competent employees is critical for competitive success. The paper is focused on the job selection practices implemented by hiring organizations in a developing country. Due to the differences that exist regarding the employee selection policy between public and private organizations, the paper aims to understand the characteristics of the job selection process according to the ownership of the employer agent. Based on a quantitative survey applied on 64 companies, the results analyze the main selection stages implemented in private vs. public sector employers in a developing country. While in private companies the most frequently used selection stages are the job selection interview, CVs screening and trial period, in public institutions the hiring process is based on the job selection interview, written knowledge tests, and practical tests. Compared to private companies, in public institutions the written knowledge tests rank a higher position in the selection stages hierarchy, but the private employers rely more on CVs screening stage than public institutions. Emphasis is laid on understanding the reasons leading to variations in job selection practices according to the ownership of the employing agent. The predictive validity of the job selection stages implemented by the companies is also discussed.

Competitive Liner Shipping Network Design

DEFF Research Database (Denmark)

Karsten, Christian Vad

.The contributions of this thesis cover modeling, methodology, and applications.The developed methods address operational (cargo routing), tactical (speed optimization and service selection), and strategic (network design) planning problems faced by liner shipping companies. Ultimately, the proposed methods help...... take the container transportation times that can be realized in the network nor the number of transshipments into consideration. This is mainly because the optimization problem is based on other transportation networks where these constraints are not decisive to the quality of the network. Furthermore......, the problem in itself is challenging to optimize due to its size and complexity. However, the field has seen crucial progress and is mature to include handling of competitiveness in the actual design of the network.As a liner shipping network is an organic entity, which is constantly changed to reflect...

Peru turnaround tied to privatization

International Nuclear Information System (INIS)

Anon.

1993-01-01

Petroleos del Peru predicts a 10% increase in Peru's oil production this year and a further increase in 1994. Petroperu also forecasts a sharp increase in drilling in Peru this year. After several years of declining oil production, a gradual turnaround in the cash strapped country's petroleum industry is largely tied to its progress in privatization. The government last year began a campaign to privatize all state owned companies by the end of July 1995. The paper discusses forecasts by Petroperu; the contract of Occidental del Amazonas Inc.; the Petromar privatization; Great Western's contract; development of the Aguaytia gas field; and refinery contracts

The performance of newly privatized firms: The case of Portugal

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José Vaz Ferreira

2012-06-01

Full Text Available The aim of this study is to investigate the pre and post privatization financial, social and operational performance of forty two Portuguese companies in most of sectors of economic activity that experience full or partial privatization through public share offering, direct sale or public contest, for the period from 1989 to 2009. That is, this work investigates, whether or not, the privatization of sate-owned enterprises (SOE’s had caused improvements on the economic and financial health of those privatized companies, as it is suggested by the literature of property rights, public choice and agency theory. First, we document significant improvements on profitability, operating efficiency, capital investment, real output, dividend payout, treasury applications, activity levels and capital structure. Secondly, we experience significant decreases in employment after privatization. Third, we observe that, following privatization, the financial equilibrium (short and long of firms was negatively affected. Lastly, our results are generally robust surviving the partition of the dataset into various sub-samples.

Full-shipload tramp ship routing and scheduling with variable speeds

DEFF Research Database (Denmark)

Wen, M.; Røpke, Stefan; Petersen, Hanne Løhmann

2016-01-01

This paper investigates the simultaneous optimization problem of routing and sailing speed in the context of full-shipload tramp shipping. In this problem, a set of cargoes can be transported from their load to discharge ports by a fleet of heterogeneous ships of different speed ranges and load......-dependent fuel consumption. The objective is to determine which orders to serve and to find the optimal route for each ship and the optimal sailing speed on each leg of the route so that the total profit is maximized. The problem originated from a real-life challenge faced by a Danish tramp shipping company....... It is shown that speed optimization can improve the total profit by 16% on average and the fuel price has a significant effect on the average sailing speed and total profit....

State plans to force companies to eliminate environmental burdens

International Nuclear Information System (INIS)

Marcan, P.

2004-01-01

The Ministry of Environment is preparing legislation aimed at forcing the state and especially private enterprises to map and eliminate tips, refuse from company premises and farmyards, and manure heaps. It is expected that the main burden will fall on private enterprises. The department is still working on the wording of this new Act on environmental burdens and so it is not yet clear whether it will be of assistance in the elimination of environmental burdens. The Ministry is aware that economic aspects must also be taken into account when exercising pressure on the companies. Closing down a company that cannot meet environmental criteria would result in redundancies and so the time schedule for the elimination of environmental burdens will be adjusted to fit the financial situation of the company involved. The ministry plans to first find companies responsible for environmental debts and then set a deadline for the preparation of a project to eliminate the environmental burden. The project would have to contain a description of elimination methods, in addition to a time schedule and cost assessment. If a private company does not report an environmental burden, the competent public authority will have the power to request access to the premises to undertake an inspection. (author)

IN GHANA: MAKING PUBLICuPRIVATE

African Journals Online (AJOL)

2004-12-02

Dec 2, 2004 ... and the manager of public utilities gains comparative adVantages in capturing ... managerial decision—making,and makes evaluation and monitoring .... tion, since in theory the private company should be concerned about.

Green vessel scheduling in liner shipping: Modeling carbon dioxide emission costs in sea and at ports of call

Directory of Open Access Journals (Sweden)

Maxim A. Dulebenets

2018-03-01

Full Text Available Considering a substantial increase in volumes of the international seaborne trade and drastic climate changes due to carbon dioxide emissions, liner shipping companies have to improve planning of their vessel schedules and improve energy efficiency. This paper presents a novel mixed integer non-linear mathematical model for the green vessel scheduling problem, which directly accounts for the carbon dioxide emission costs in sea and at ports of call. The original non-linear model is linearized and then solved using CPLEX. A set of numerical experiments are conducted for a real-life liner shipping route to reveal managerial insights that can be of importance to liner shipping companies. Results indicate that the proposed mathematical model can serve as an efficient planning tool for liner shipping companies and may assist with evaluation of various carbon dioxide taxation schemes. Increasing carbon dioxide tax may substantially change the design of vessel schedules, incur additional route service costs, and improve the environmental sustainability. However, the effects from increasing carbon dioxide tax on the marine container terminal operations are found to be very limited.

The Impact of Corporate Governance and the Cost of Capital in Shipping

Directory of Open Access Journals (Sweden)

Vicky Zampeta

2015-10-01

Full Text Available Purpose - The main aim of this paper is to analyze the impact of corporate governance and the cost of capital in shipping industry. The present study grasps on a doctoral thesis aiming to analyze the above developments in the shipping industry in general and mostly in the Greek owed shipping companies and how these developments have been evaluated by the top executives based on a market research we have conducted. Design/methodology/approach - The main idea for the consolidation of the results of the regression methodology used is to analyze research hypotheses related to effects of Corporate Governance in the shipping industry, emerged in a previous article by Zampeta (2011 and Thalassinos and Zampeta (2012. The research hypotheses will be explored with econometric methodology to be confirmed or rejected depending on the statistical significance of the coefficients of the factors - variables selected and express their respective cases. The specific way of analyzing the answers from the questionnaires used sufficiently cover the concept of triangulation (triangulation because they use primary research data (sample analysis questionnaires, with acceptable bibliography concerning the impact of globalization and the evolution international trade financing cost of shipping enterprises. There is a need to exploit the results of the factorial analysis used by Zampeta (2011, Thalassinos and Zampeta (2012 and Thalassinos and Zampeta (2015 to the methodology of regression to analyze research hypotheses related to the Factor of the Cost of Capital and the Factor of Corporate Governance and their impacts in the Shipping Industry. Findings - The results of the subject research confirm the views of the top executives that specific explanatory variables are forming the factors referring to corporate governance and the cost of capital in the shipping industry. In addition, they have influenced the decision of the shipping companies to adopt the Corporate

Some aspects of the responsibility of state for actions in private war campaigns

Directory of Open Access Journals (Sweden)

Romić Miodrag

2011-01-01

Full Text Available This paper discusses the circumstances under which the misconduct of private security sector might engage the responsibility of their state sponsors under international law. From an international law perspective, stastes cannot evade responsibility merely by hiring a private actor to carry out certain functions. The conduct of private security companies is, under certain circumstances, attributed to the state, making that state responsible for any violation of international law committed by private security companies personnel. Even where no such attribution exists, the state might still be responsible for lack of due diligence to adequately regulate and control PMC conduct.

Company performance and reputation risk in state-owned italian listed companies

Directory of Open Access Journals (Sweden)

Iacopo Cavallini

2017-12-01

Full Text Available The relationship between ownership structure (private vs State-owned and company performance has been deeply analyzed by scholars and practitioners. Prior studies found mixed results about this topic; some scholars demonstrated that private firms perform better than State-Owned Enterprises (SOEs and others came to opposite or undefined results. Further, during the global financial crisis, this topic gained relevance. To our best knowledge, Italian framework suffers of a lack of these studies and, in particular, no ones focused on the level of reputation risk in both SOEs and private firms. Aim of this paper is to analyse the difference in the performance and in the reputation risk between Italian SOEs and private firms. To do so we performed a t-test analysis on a sample of 18 State-owned listed firms and 212 private listed firms. Our empirical results found that SOEs have higher ROE and higher Cash flow/sales, but a lower Tobins’ Q than private firms. Further, no statistically significant differences in the reputation risk have been found; therefore financial analysts do not perceive any difference in the reputation risk between private and SOEs. Our results can help practitioners and policy-makers in making investment decisions and choices about the privatization process

The privatization of EEB: From cash drain to major contributor

International Nuclear Information System (INIS)

Cavaliere, Christianne; Larsen, Erik R.; Dyner, Isaac

2007-01-01

In this paper we describe the successful part-privatization of Empresa de Energia de Bogota (EEB), the city-owned electricity company in Bogota, Colombia. We describe the reason, the preparation and the actual sale process as well as the outcome following the part-privatization. EEB went from being a company on the edge of bankruptcy to one of the most financially secure electricity companies in South America. We also place the case in relation to the standard views on direct foreign investment and their social benefit. Finally, we aim to generalize the experience to see what other organizations in a similar position can learn

78 FR 59991 - Advisory Committee on Small and Emerging Companies

Science.gov (United States)

2013-09-30

... public market capitalization (``smaller public companies'') through securities offerings, including private and limited offerings and initial and other public offerings; (2) Trading in the securities of emerging companies and smaller public companies; and (3) Public reporting and corporate governance...

44 CFR 62.23 - WYO Companies authorized.

Science.gov (United States)

2010-10-01

... individual private sector property insurance companies or other insurers, such as public entity risk sharing... ensure that the financial data reported to us accurately represents the flood insurance activities of the... (commonly known as “yellow book” requirements). The Company must file with us (the Federal Insurance...

Hospital ships adrift? Part 1: a systematic literature review characterizing US Navy hospital ship humanitarian and disaster response, 2004-2012.

Science.gov (United States)

Licina, Derek

2013-06-01

United States foreign policy is tied extensively to health initiatives, many related to the use of military assets. Despite substantial resource investment by the US Department of Defense (DoD) in hospital ship humanitarian assistance and disaster response missions, the impact of this investment is unclear. A systematic literature review of both peer-reviewed and grey literature using eight databases representing the international community and multiple sectors was conducted. Data on the characteristics of missions directly related to US Navy hospital ship humanitarian assistance and disaster response from 2004-2012 were extracted and documented. Of the 1445 sources reviewed, a total of 43 publications met criteria for review. Six (13.9%) met empirical documentation criteria and 37 (86.0%) were considered nonempirical expert opinions and anecdotal accounts that were primarily descriptive in nature. Overall, disaster response accounted for 67.4% (29/43) and humanitarian assistance 25.6% (11/43). Public and private sector participants produced 79.0% (34/43) and 20.9% (9/43) of the publications respectively. Of private sector publications, 88.9% (8/9) focused on disaster response compared to 61.8% (21/34) from the public sector. Of all publications meeting inclusion criteria, 81.4% (35/43) focused on medical care, 9.3% (4/43) discussed partnerships, 4.7% (2/43) training, and 4.7% (2/43) medical ethics and strategic utilization. No primary author publications from the diplomatic, development, or participating host nations were identified. One (2.3%) of the 43 publications was from a partner nation participant. Discussion Without rigorous research methods yielding valid and reliable data-based information pertaining to Navy hospital ship mission impact, policy makers are left with anecdotal reports to influence their decision-making processes. This is inadequate considering the frequency of hospital ship deployments used as a foreign policy tool and the considerable

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

HEURISTIC METHOD OF SHIPS SELECTION FOR THE COORDINATED WORK OF WATER TRANSPORT

Directory of Open Access Journals (Sweden)

O. V. Shcherbina

2018-02-01

Full Text Available Purpose. The study aims to develop a formulation methodology for ship selection in the coordinated work of sea and river transport using a heuristic approach. Methodology. To realize the purpose set in the study, the authors carried out an analysis of domestic and foreign literature sources on the current topic, studied specifics and conditions for the effective operation of marine mono-hulled ships and composite tug/barge towing ones. Findings. The analysis results allowed formulating the heuristics methods that ensure the selection of the type sizes of tug/barge towing ships for the mixed «river-sea» navigation from the priority range of ships of the existing fleet. The proposed method makes it possible to select ships in a more appropriate manner according to the established scheme of work. Rational combinations of technical and operational characteristics of such pairs as «barges and tows», «tug/barge towing ship and sea-going ship», «tug/barge towing ship and restrictive characteristics of the area of navigation» are a prerequisite for the shipping company profit growth by increasing the capacity of ships. Originality. For the first time, the authors applied a heuristic approach to the selection of tug/barge towing ships and sea-going ones for coordinated work with the performance of cargo operations on the raid of the estuary port when transporting bulk goods. The basis of the approach is the selection of a rational mix of technical and operational characteristics of barges and tugs. The proposed approach allows determining the best combination of ship type sizes in the organization of coordinated work of sea and river transport. At the same time, the continuity of the goods transportation process from the sea ports to the river ones located in the depth of the country (and in the opposite direction is ensured. Practical value. The presented methodology is a logical continuation of the cycle of studies performed by the authors. The

Project Management in Development Aid Industry – Public vs. Private

Directory of Open Access Journals (Sweden)

Simović Dragana

2015-02-01

Full Text Available This article examines the relationship between the type of a development aid implementing organisation (public or private and the quality of project management in development aid. The author begins with main public administration considerations - how public aid administration is different from private and furthermore, how particular sectoral characteristics of organisations influence the quality of the management process. The article combines empirical findings on the differences between the public and private sector with a complex setting of development aid and main success factors in development aid activity, in order to determine whether for-profit or public companies are more likely to achieve better project management processes. The article identifies some indices that favorise private companies, and outlines further necessary steps that should be taken in order to broaden the argumentation and confirm or reject this assertion

The psychosocial work environment and fatigue in Danish ferry shipping

DEFF Research Database (Denmark)

Bøggild Dohrmann, Solveig

and endangerment of occupational safety, and in ferry shipping employees’ fatigue can lead not only to poor individual health and wellbeing but also to accidents, which can potentially jeopardize passengers’ safety. Objective Due to the risk of fatigue in the ferry shipping industry – and a lack of prior research...... on this topic - the main aim of this Phd study was to investigate the link between fatigue and working environmental factors among ferry shipping employees. The investigation specifically focuses on the role of psychosocial factors, as there is a distinct lack of research on such determinants in a seafaring...... of two Danish ferry shipping companies. Methods A systematic review and quality assessment of the empirical evidence was conducted as an initial step to summarize and analyze what was known about fatigue-determining factors in seafaring, the results of which were published in article 1. Two further...

Sewage sludge: arisings, environmental impact, utilisation, disposal. Private wastewater disposal companies present memorandum; Klaerschlamm: Aufkommen, Belastung, Verwertung und Entsorgung. Private Abwasserentsorger legen Memorandum vor

Energy Technology Data Exchange (ETDEWEB)

Anon.

1999-05-01

The more wastewater is cleaned to a high level of purity, the more sewage sludge arises. Problems of quantity and quality are closely intertwined with technical developments and changes in the legal framework. This applies as much to wastewater purification as it does to the utilisation or disposal of sewage sludge. Early this year the Association of Private Wastewater Disposal Companies (Verband der privaten Abwasserentsorger e.V., VpA) presented a memorandum on sewage sludge management which is intended to lead to greater transparency in this market segment of environmental protection. [Deutsch] Je mehr Abwasser auf hohem Niveau gereinigt wird, umso groesser ist die Menge des anfallenden Klaerschlamms. Mengen- und Qualitaetsprobleme sind eingebunden in sich wandelnde Techniken und veraenderte gesetzliche Grundlagen - in der Abwasserreinigung wie in der Verwertung oder Beseitigung der Klaerschlaemme. Der Verband der privaten Abwasserentsorger e.V. (VpA) hat Anfang des Jahres ein Memorandum zur Klaerschlammwirtschaft herausgegeben, das fuer groessere Transparenz in diesem Marktsegment des Umweltschutzes sorgen soll. (orig.)

ENERGY EFFICIENCY IN THE SHIPPING SECTOR – A CASE STUDY

Directory of Open Access Journals (Sweden)

BRANISLAV DRAGOVIŠ

2017-12-01

Full Text Available The improvement of Ship Energy Efficiency has been a major issue for the Shipping industry, primarily for three reasons; Firstly because fuel expenses of merchant ships contribute substantially to the overall expenses, secondarily, as conventional diesel engines and gas turbines emit large amounts of Greenhouse Gases (GHGs, contributing to the Climate Change and thirdly due to recent legislation including IMO Resolutions and EU Directives. The above in addition to the recent economic recession, have made it imperative for the industry to lower costs and introduce novel technologies and technical innovations, through the application of the Energy Efficiency Design Index (EEDI and Energy Efficiency Operation Index (EEOI.This paper aims to contribute to the identification of methods and management tools in order to improve energy efficiency, by developing Ship Energy Efficiency Management Plans (SEEMPs. The paper focuses especially on investments, modifications, management and operational changes that can be deployed, in order to improve energy efficiency of existing ships. Finally, the economic result of modifications made on an existing vessel is presented, using data from a study performed by the authors in collaboration with several shipping companies.

Customer satisfaction from private utility companies: An explanatory study

Directory of Open Access Journals (Sweden)

Eleni-Plousia Kosteroglou

2016-12-01

Full Text Available Purpose – The present study examines the factors that have an impact on "customer satisfaction" in the context of private utility companies. The main purpose of the study is accomplished through the development and the empirical testing of a conceptual frame-work (research model. The proposed framework includes six dimensions (research factors: (a tangibles, (b reliability, (c responsiveness, (d assurance, (e empathy, and (f customer satisfaction. Design/methodology/approach – The present study adopted the SERVQUAL approach (model, only after analytically testing its suitability for use within the investigated area. In that direction, the focus group methodology was used. Finally, the proposed con-ceptual framework was tested on a random sample of gas consumers residing in the area of Thessaloniki, Greece. The final sample consisted of 437 adult consumers. The reliability and the validity of the questionnaire were thoroughly examined. Empirical data were analysed using the “Structural Equation Modelling” (SEM technique. The present study is empirical, explanatory, deductive and, mainly, quantitative. Findings – Empirical results indicate that "reliability" has the highest impact on "customer satisfaction", while "empathy" has no impact at all. More specifically, the impact of "reliability" on "customer satisfaction" is indirect, mediated through three other di-mensions of the conceptual framework (namely, "tangibles", "responsiveness" and "empathy". Research limitations/implications – A limitation stemming from the implemented methodology is the use of self-reported scales for the measurement of the six research factors. Moreover, the paper lacks a longitudinal approach. Finally, the empirical research (survey is focused on one organisation and, therefore, offers relatively limited generalizability. Originality/value – Very few studies have utilised the SERVQUAL approach in the context of an explanatory research. This approach

Green Shipping Practices of Shipping Firms

Directory of Open Access Journals (Sweden)

Young-Tae Chang

2017-05-01

Full Text Available The primary objective of this study is to provide an empirical research using structural equation modeling to identify the factors that motivate shipping firms to adopt green shipping practices (GSP. Furthermore, it also examines if adopting GSP can enhance the shipping firms’ environmental and productivity performance. The findings show that shipping firms are motivated to adopt GSP mostly by industrial norms set by institutionalized associations. They are also motivated by customers’ demand for environmental friendliness and their own strategy to make good image. Unlike our expectation, government regulations and international environmental laws are not significant in influencing shipping firms to adopt GSP. Moreover, adoption of green shipping practices can improve the environmental and productivity performance of the shipping firms.

Is there a duty for private employers to provide emergency mental health care services?

Science.gov (United States)

Langlieb, Tammara F; Langlieb, Alan M; Everly, George S

2006-01-01

This article presents a discussion of whether employers in private companies have a duty to provide an emergency action plan with a mental health component for its employees. It discusses basic negligence concepts and focuses mainly on the "duty of care" component of negligence. It then applies the negligence concepts to private employers and discusses how private companies arguably might have a duty under the laws of negligence to provide employees with an emergency action plan, specifically a plan including mental health provisions.

Energy saving in the shipping industry; Energiebesparing in de scheepvaart

Energy Technology Data Exchange (ETDEWEB)

Gilijamse, J.; Van Wijngaarden, W.

2010-01-15

The German shipping industry pays much attention to sustainability and efficiency. More strict international environmental requirements often encourage shipping companies to incite shipbuilders towards innovation. Yet some shipbuilders are consciously adopting a frontrunner's role in developing prototypes of energy efficient ships. In addition to the return of modern versions of sailing ships these projects also entail hydrogen, wind energy and new materials, but also exploring the ocean with satellites to gather detailed information used for optimizing the itinerary. [Dutch] Er is in de Duitse scheepsbouwindustrie veel aandacht voor duurzaamheid en efficientie. Strengere internationale milieu-eisen zijn vaak aanleiding voor rederijen om scheepsbouwers tot innovatie aan te zetten. Maar enkele reders nemen bewust een voorlopersrol en ontwikkelen prototypes van energie-efficientere schepen. Naast de terugkeer van moderne versies van zeilschepen gaat het hierbij om projecten met waterstof, windenergie en nieuwe materialen, maar ook om het verkennen van de oceaan met satellieten om nauwkeurige gegevens te vergaren voor de optimalisatie van vaarroutes.

The Impunity of Private Authority

DEFF Research Database (Denmark)

Leander, Anna

2007-01-01

. It begins by pointing to the tension involved in any effort to hold an authority (private or public) accountable, namely the tension between the centrality of acceptance for authority and accountability measures that necessarily involve contestation. It then proceeds to analyse this tension in the case...... of private security companies (PSCs). PSCs have become authorities in their own right in the security sphere. This has raised the question of their accountability and also resulted in considerable efforts to improve the accountability of the firms. This paper looks at why these efforts bear so little fruit...

A matheuristic for the liner shipping network design problem

DEFF Research Database (Denmark)

Brouer, Berit Dangaard; Desaulniers, Guy; Pisinger, David

2014-01-01

, while minimizing the cost of operating the network. Liner shipping companies publish a set of routes with a time schedule, and it is an industry standard to have a weekly departure at each port call on a route. A weekly frequency is achieved by deploying several vessels to a single route, respecting...

Kinerja Saham PT Aqua Golden Mississippi Tbk. Setelah Pembatalan Go Private dan Estimasi Harga Saham Aqua Tahun 2010

Directory of Open Access Journals (Sweden)

Indah Wandita Putri

2010-11-01

Full Text Available PT Aqua Golden Mississippi is a company that plans to go private, but until today have not obtained approval from the shareholders. Failure may be caused from several things: the company offer price is too small, no quorum, shares held is still profitable for shareholders, and other factors. The existence of the company's plan to go private would affect the performance of the company stock. Stock performance can be analyzed with - average rate of profit, the level of risk, and sensitivity to the stock exchange. The method used in the calculation of stock performance in this paper is the GMR, STDEV, CAPM, and DDM for the calculation of estimated stock price. Through the conducted analysis, investors / shareholders are encouraged to pay attention to the news and information related to go private to be conducted by the company, stock performance, and perform estimate calculations. This is to find out what the right decision for private investors. 

Detecting privatization factors on promoting exports of steel companies

Directory of Open Access Journals (Sweden)

Seyed Mohsen SeyedAliAkbar

2016-05-01

Full Text Available Privatization is considered as the transfer of business from the government to the private sector. This process is often accomplished in an attempt to reduce the size of government, increase the productivity and export activities. There is no doubt that in an export oriented economy, government tries to promote expert based activities by making necessary changes on rules and regulations. This paper presents an empirical investigation to determine important factors on promoting export in Iran. The study designs a questionnaire in Likert scale and distributes it among some experts active in steel industry. Kaiser-Meyer-Olkin Measure of Sampling Adequacy is equal to 0.839 and Bartlett's Test of Sphericity yields an approximation Chi-Square value of 2485.02 (Sig. = 0.000, df = 276. Using principle component analysis with Varimax rotation, the study has detected five important factors including human resources development, productivity management, marketing management, creating competitive environment and building necessary infrastructures, which influence the most on export activities.

Tourist ships on the Danube as an opportunity for export of meat and meat products

Directory of Open Access Journals (Sweden)

Tešanović Dragan

2015-01-01

Full Text Available Tourism development launches growth of other complementary industries. River tourism, as a special selective tourism form, experiences intensive development, with an importance for all the regions through which the Danube, as an integral part of the Rhine - Main - Danube waterway, flows. During cruising, the largest consumption is achieved on the ship itself, where meat and meat products are an integral element of every meal and represent the most expensive component of the dish. The task of this paper is to analyse the consumption of meat and meat products on six tourist ships run by to 'Grand Circle Corporation' in 2013, in order to point out the possibility of supplying them with meat and meat products from sources in the territory where the ships sail. The paper presents the current suppliers and manufacturers of meat and meat products in Republic of Serbia that could supply the company 'Grand Circle Cruise Line' and other tourist ships that cruise on the Danube. Also, the research indicates that the export of meat products from the Republic Serbia could have a significant effect on improving the agricultural conditions and food production through increased competition, assuming the Serbian manufacturers supply most of tourist ships and not only the six ships analysed in this paper. Research results, specifically, point out the possibility of increasing export of poultry and beef if the potential demand of each of the eight companies with their 54 ships which operate tourist cruises on the Danube is taken into account. The data have been systematized, analysed and presented statistically in tables and graphs.

Quantification Methods of Management Skills in Shipping

Directory of Open Access Journals (Sweden)

Riana Iren RADU

2012-04-01

Full Text Available Romania can not overcome the financial crisis without business growth, without finding opportunities for economic development and without attracting investment into the country. Successful managers find ways to overcome situations of uncertainty. The purpose of this paper is to determine the managerial skills developed by the Romanian fluvial shipping company NAVROM (hereinafter CNFR NAVROM SA, compared with ten other major competitors in the same domain, using financial information of these companies during the years 2005-2010. For carrying out the work it will be used quantification methods of managerial skills to CNFR NAVROM SA Galati, Romania, as example mentioning the analysis of financial performance management based on profitability ratios, net profit margin, suppliers management, turnover.

Corporate Governance: Can Universities Learn from the Private Sector?

Science.gov (United States)

Henze, Raphaela

2010-01-01

Corporate governance has several objectives: growth, transparency, leadership, social responsibility and trust, as well as the protection of shareholders and company assets. It also plays a key role in determining a company's control environment. In this article, the author takes a closer look at corporate governance in the private sector,…

Private Military Companies: Analyzing the Use of Armed Contractors

Science.gov (United States)

2007-12-01

school of thought further argues that it is immoral and unethical for private, non-state actors to control force or engage in military functions...was able to defeat a rebel force on behalf of a legitimate government. It was also able to rescue thousands of child soldiers from slavery as well

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.

Heating plant privatization stagnates

International Nuclear Information System (INIS)

Janoska, J.; Benka, M.; Sobinkovic, B.; Haluza, I.

2005-01-01

The state has been talking about privatization of 6 municipal heating plants since 2001. The tenders were to start last year. But nothing has happened and the future is uncertain. The city councils would prefer to receive, if not 100%, then at least a majority stake in the heating plants free of charge. But the Cabinet has decided to sell 51% to investors. The privatization agency - the National Property Fund (FNM) is preparing a proposal to increase the stake offered for sale to 67%. According to information provided by the FNM the sale will begin after Cabinet approval. The Fund intends to apply the same model to the sale of all the heating plants. Last year, a major German company Verbundnetz Gas declared its interest in purchasing large municipal heating plants in Slovakia. But it has been waiting for a response ever since. The French company - Dalkia, which has 10-years' experience of doing business in Slovakia, is interested in all the heating plants to be offered for sale. The Austrian company - Stefe is not new to the business either, it is interested mainly in the regions where it has already established itself - Central and Eastern Slovakia. Strategic investors expect financial groups to show interest too. The Penta Group has not hid its ambitions - it has already privatised a company which represents the key to the future development of heat management in Bratislava - Paroplynovy cyklus. Whereas Penta is not new to the heat production business another financial group - Slavia Capital is still surveying the sector. Should it not succeed, it plans several projects that would allow it to take a stake in the sector

Preferences for Alternative Fuel Vehicles of Company Car Drivers

NARCIS (Netherlands)

Koetse, M.J.; Hoen, A.

2014-01-01

Costs of car ownership for company cars drivers and private car owners are very different. Car use, car choice decisions and preferences for car characteristics may therefore differ substantially between these two markets. In this paper, we present results of a study on the preferences of company

Determinants of Success in Private Equity-Venture Capital Investments

Directory of Open Access Journals (Sweden)

Antonio Gledson de Carvalho

2011-06-01

Full Text Available This paper investigates the determinants of performance of the investments of private equity and venture capital (PEVC funds in Brazil. We use two unique databases: the First Brazilian Private Equity and Venture Capital Census and the Guia-GVcepe Endeavor, with information on this industry for the period 1999 to 2007. As measures of performance we use the percentage and number of exits through IPO, acquisition by a company or by another investor. Our results indicate that the factors influencing the performance of investments are: size of the fund, number of investments, the practice of co-investment, experience and foreign origin of the managing organization, focus on late stage, intensity of contact between managers and portfolio companies and the number of seats on the boards of the invested companies. The number of successes grows with the number of investments at a declining rate. This can indicate 1 a limit to the ability of managers or 2 that a large number of investments allows for greater diversification of risk, directing investments to companies of high risk but with a high upside.

The Logistic of Empty Containers′ Return in the Liner-Shipping Network

Directory of Open Access Journals (Sweden)

Belayachi Naima

2017-09-01

Full Text Available The Maritime Transport is a favoured tool regarding the universal exchanges because it has gone through several evolutions. Indeed, the containerization is considered as one of the most remarkable improvements in the shipping. The containers are rented by shipping companies. However, these companies meet an empty container availability problem at some ports of Maritime Transport Network (MTN to satisfy the demands of clients. The objective of this work is to solve the problem of the imbalance of the distribution of containers and look for empty containers at less cost to meet the demands of clients. As a result, the authors propose an application to represent the MTN, and provide a balanced distribution of containers. The work presented in this article is based on a heuristic method by neighbourhood. It allows the process of the clients' demands and transfers of full containers as well as the research of empty containers by optimizing the cost of theirs return.

Analysis of a ship-to-ship collision

International Nuclear Information System (INIS)

Porter, V.L.; Ammerman, D.J.

1996-01-01

Sandia National Laboratories is involved in a safety assessment for the shipment of radioactive material by sea. One part of this study is investigation of the consequences of ship-to-ship collisions. This paper describes two sets of finite element analyses performed to assess the structural response of a small freighter and the loading imparted to radioactive material (RAM) packages during several postulated collision scenarios with another ship. The first series of analyses was performed to evaluate the amount of penetration of the freighter hull by a striking ship of various masses and initial velocities. Although these analyses included a representation of a single RAM package, the package was not impacted during the collision so forces on the package could not be computed. Therefore, a second series of analyses incorporating a representation of a row of seven packages was performed to ensure direct package impact by the striking ship. Average forces on a package were evaluated for several initial velocities and masses of the striking ship. In addition to. providing insight to ship and package response during a few postulated ship collisions scenarios, these analyses will be used to benchmark simpler ship collision models used in probabilistic risk assessment analyses

Product shipping information using graceful labeling on undirected tree graph approach

Science.gov (United States)

Kuan, Yoong Kooi; Ghani, Ahmad Termimi Ab

2017-08-01

Product shipping information is the related information of an ordered product that ready to be shipped to the foreign customer's company, where the information represents as an irrefutable proof in black and white to the local manufacturer by E-mails. This messy and unordered list of information is stored in E-mail folders by the people incharge, which do not function in collating the information properly. So, in this paper, an algorithm is proposed on how to rearrange the messy information from the sequence of a path graph structure into a concise version of a caterpillar graph with achieving the concept of graceful labeling. The final graceful caterpillar graph consists of the full listed information together with the numbering, which able to assist people get the information fleetly for shipping arrangement procedure.

Exploring maintenance policy selection using the Analytic Hierarchy Process; An application for naval ships

International Nuclear Information System (INIS)

Goossens, Adriaan J.M.; Basten, Rob J.I.

2015-01-01

In this paper we investigate maintenance policy selection (MPS) through the use of the Analytic Hierarchy Process (AHP). A maintenance policy is a policy that dictates which parameter triggers a maintenance action. In practice, selecting the right maintenance policy appears to be a difficult decision. We investigate MPS for naval ships, but our results have wider applicability. For our study we cooperate with the owner and operator of the ships, as well as with a shipbuilder and an original equipment manufacturer of naval ships. We apply a structured five step approach to obtain the relevant criteria that may make one policy preferable over another. The criteria are drawn from both literature and a series of interviews at several navy related companies and are structured into a hierarchy of criteria usable with the AHP. Additionally, we organize three workshops at the three different companies to test the AHP-based MPS approach in practice. We conclude that the AHP is well suited for maintenance policy selection in this broad setting, and that it provides a structured and detailed approach for MPS. Adding to that, it facilitates discussions during and after the sessions, creating a better understanding of the policy selection process. - Highlights: • We use the Analytic Hierarchy Process (AHP) for maintenance policy selection (MPS). • Using both interviews and case studies from the literature, we construct a hierarchy. • In sessions at 3 companies, we find that 1 hierarchy can be used for multiple assets. • The AHP creates a better understanding of the maintenance policy selection process. • Our work is on naval ships, but our approach and findings have wider applicability

Insurance companies' perspectives on the orphan drug pipeline.

Science.gov (United States)

Handfield, Robert; Feldstein, Josh

2013-11-01

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

Insurability and mitigation of flood losses in private households in Germany.

Science.gov (United States)

Thieken, Annegret H; Petrow, Theresia; Kreibich, Heidi; Merz, Bruno

2006-04-01

In Germany, flood insurance is provided by private insurers as a supplement to building or contents insurance. This article presents the results of a survey of insurance companies with regard to eligibility conditions for flood insurance changes after August 2002, when a severe flood caused 1.8 billion euro of insured losses in the Elbe and the Danube catchment areas, and the general role of insurance in flood risk management in Germany. Besides insurance coverage, governmental funding and public donations played an important role in loss compensation after the August 2002 flood. Therefore, this article also analyzes flood loss compensation, risk awareness, and mitigation in insured and uninsured private households. Insured households received loss compensation earlier. They also showed slightly better risk awareness and mitigation strategies. Appropriate incentives should be combined with flood insurance in order to strengthen future private flood loss mitigation. However, there is some evidence that the surveyed insurance companies do little to encourage precautionary measures. To overcome this problem, flood hazards and mitigation strategies should be better communicated to both insurance companies and property owners.

Time Charters with Purchase Options in Shipping: Valuation and Risk Management

DEFF Research Database (Denmark)

Jørgensen, Peter Løchte; De Giovanni, Domenico

The paper studies the valuation and optimal management of Time Charters with Purchase Options (T/C-POPs) which is a specific type of asset lease with embedded options that is common in shipping markets. T/C-POPs are economically significant and sometimes account for more than half of the stock...... market value of listed shipping companies. The main source of risk in markets for maritime transportation is the freight rate, and we therefore specify a single-factor continuous time model for the dynamic evolution of freight rates which allows us to price a wide variety of freight rate related...

Time Charters with Purchase Options in Shipping: Valuation and Risk Management

DEFF Research Database (Denmark)

Jørgensen, Peter Løchte; De Giovanni, Domenico

2010-01-01

The article studies the valuation and optimal management of Time Charters with Purchase Options (T/C-POPs), which is a specific type of asset lease with embedded options that is common in shipping markets. T/C-POPs are economically significant and sometimes account for more than half of the stock...... market value of listed shipping companies. The main source of risk in markets for maritime transportation is the freight rate, and we therefore specify a single-factor continuous time model for the dynamic evolution of freight rates that allows us to price a wide variety of freight rate...

Security for Virtual Private Networks

OpenAIRE

Magdalena Nicoleta Iacob

2015-01-01

Network security must be a permanent concern for every company, given the fact that threats are evolving today more rapidly than in the past. This paper contains a general classification of cryptographic algorithms used in today networks and presents an implementation of virtual private networks using one of the most secure methods - digital certificates authentication.

An Integrated Process and Digitalization Perspective on the Shipping Supply Chain – a Literature Review

DEFF Research Database (Denmark)

Feibert, Diana Cordes; Hansen, Mette Sanne; Jacobsen, Peter

The maritime transport industry operates in an environment characterized by fluctuating fuel prices and low freight rates in a dynamic competitive market. Shipping companies must therefore adopt responsive supply chains whilst containing costs. This study investigates what extant literature can...... offer from an integrated digitalization and business process management perspective to enhance supply chain performance for shipping companies. The main themes identified in literature have been categorized according to their contributions to achieving responsive and efficient supply chains. Furthermore......, the drivers of enhanced supply chain performance have been identified and an agenda for future research is proposed. This study therefore contributes to the research field of maritime transport by enfolding extant literature and guiding decision makers in their efforts to achieve responsive and adaptive...

The Blue Lady Case and the International Issue of Ship Dismantling - Comment

Directory of Open Access Journals (Sweden)

Florent Pelsy

2008-09-01

Full Text Available This paper focuses on the decision of the Supreme Court of India to allow the dismantling of the Blue Lady (ex France in Alang. The first part underlines that the Supreme Court of India is prioritising the commercial interest of the dismantling companies over the social and environmental concerns of the workers and the communities living in Alang. It argues that such decision goes against its 2003 judgement on ship-dismantling. It then demonstrates that the Supreme Court of India is distorting the concept of sustainable development. The second part analyses the Blue Lady case from an international perspective since most of the ships that are dismantled in India come from developed countries. It provides an overview of the Basel Convention on ship dismantling issues and a study of the Clemenceau case before the French Conseil d'Etat. It then concludes that a better control of end-of-life ships in OECD countries and a new international convention on ship-dismantling would be necessary in order to prevent environmental and social disasters in Alang.

Privatized multipurpose reactor initiative

International Nuclear Information System (INIS)

Davis, G.A.

1995-01-01

ABB Combustion Engineering (ABB CE) and seven other companies have submitted a plan to the DOE for deploying a multipurpose reactor at the Savannah River Plant. The facility would consume excess plutonium as fuel, irradiate tritium producing targets, and generate electricity. The plan proposes to establish a consortium that would privately finance and own two System 80+ nuclear units and a mixed oxide fuel fabrication facility

Identification and evaluation of influential criteria for the selection of an environmental shipping carrier using DEMATEL

DEFF Research Database (Denmark)

Jia, Peng; Govindan, Kannan; Kannan, Devika

2015-01-01

The current environmental pollution is a major factor in economic development and vehicle pollution is ranked next to industrial emissions in total emissions worldwide. This study focuses on the selection of a suitable shipping carrier from an economic and environmental perspective. In practice......, there are many criteria's available to select a suitable shipping container. But, shipping container companies are struggling to identify the most influential criteria to select a shipping container as it requires in-depth analysis. So, the objective of this paper is to analyse the criteria and identify the most...... influential criteria from an environmental practices perspective. In this study, seventeen factors are identified from literature aimed at locating the most influential criteria to select a suitable shipping carrier using the decision making trial and evaluation laboratory (DEMATEL). This procedure helps...

The Effect of Private Brands on Business Performance in Retail

Directory of Open Access Journals (Sweden)

Radojko LUKIĆ

2011-06-01

Full Text Available In the length of time many new retail features were developed, as a part of the total value chain (from manufacturer to customer. One such feature is: the development of private brands (private-label merchandise, private-label brands, store brands, house brands, own brands. Because of economic importance, both in theory and in practice, more complex stress was put on its research from various perspectives: the individual countries and regions - geographic, retail companies and formats (types of stores, product categories, as well as from the perspective of the perception of customers / consumers. In the context of it, special empirical emphasis was placed on the effects of private brands on business performance in retail, in particular, on cost, gross margin, profit, in other words, on profit indicators, such as: rate of profits from sales, profit rate of assets and the rate of profit of the share capital. Having such starting point, this paper attempts to, as thoroughly as it can, primarily empirically, investigate the impact of the development of private brands in the retail business performance. Using the latest available relevant data gathered from various scientific and professional sources, including well-known agencies that primarily conduct empirical analysis of private brands in some countries, companies and retail formats and product categories. The results should serve as a reliable basis for creating the most efficient strategy for managing the development of private brands in order to improve business performance in retail. This is especially true of the so-called "emerging market" private brands, as it is the case with Serbia.

Simultaneous Optimization of Road Tolls and Tradable Credits in Public-private Mixed Networks

Directory of Open Access Journals (Sweden)

Nan Jiang

2017-12-01

Full Text Available This paper investigates a hybrid management policy of road tolls and tradable credits in mixed road networks with both public and private roads. In the public sub-network, a tradable credit scheme is applied to mitigate traffic congestion. In the private sub-network, tolls are collected by the private company, but the toll levels and toll locations are determined by the government. The purpose of toll charge is two-fold: on the one hand, the government uses it as a tool for mitigating congestion; on the other hand, a threshold of revenue should be guaranteed for the profitability of the private company. A bi-level programming model is formulated to minimize the total travel time in the network by taking into account the user equilibrium travel behaviour and the revenue requirement of private firms. To obtain a  global optimum solution, the bi-level model is transformed into an equivalent single-level mixed integer linear program that can be easily solved with commercial software. Numerical examples are provided to demonstrate the effectiveness of the developed model and the efficiency of the proposed algorithm. It is shown that the mixed management schemes can achieve favourable targets, namely, joint implementation of road tolls and tradable credits can effectively mitigate traffic congestion and meanwhile maintain reasonable revenue for the private company.

eLearning Attitudes in Botswana’s Private Sector

OpenAIRE

Nleya , Paul ,

2011-01-01

International audience; The study investigated eLearning attitudes in Botswana’s private sector. Selected companies in Gaborone, (Botswana) served as the unit of analysis. The study used a multi-pronged approach for data collection. The results show positive attitudes towards eLearning. However, current organizational policy did not accommodate training via eLearning. The results also suggest that eLearning counters threat of national and international private seizure of employee markets. All...

Privatization of Brazil's petroleum sector on track despite scandal

International Nuclear Information System (INIS)

Anon.

1992-01-01

This paper reports that the push to privatize Brazil's petroleum sector remains on track despite the taint of scandal that hit state oil company Petroleos Brasileiro SA and the ensuing political crisis for the administration of President Fernando Collor de Mello. Collor's efforts to reform Brazil's beleaguered economy have focused heavily on privatizing state-owned companies by selling assets or ending monopolies. Nowhere is that task more daunting than with Petrobras, one of the world's biggest petroleum companies, which has an entrenched monopoly over most upstream and downstream operations in the country. Collor and the energy ministers and chiefs of Petrobras during his administration have pressed measured to inject free market principles in Brazil's petroleum sector. The Collor administration earlier this year sent a bill to Brazil's Congress calling for a constitutional amendment to end Petrobras monopoly over exploration, production, transportation, refining, and exports and imports of oil and gas. The amendment is expected to be voted upon in 1993

Pemex sets petchem privatization plan

International Nuclear Information System (INIS)

Alvarez, C.

1993-01-01

Last week, Mexico's state-owned oil company, Petroleos Mexicanos (Pemex), was scheduled to unveil plans for the sale of basic petrochemical plants. The first privatization package - Pemex ammonia plants at Cosoleacaque and Camargo - will involve the sale of securities on the Mexican Stock Exchange, allowing a large number of Mexican investors to acquire parts of the business

Water Services in Chile : Comparing Private and Public Performance

OpenAIRE

Bitrán, Gabriel A.; Valenzuela, Eduardo P.

2003-01-01

In 1988, Chile put in place a new regulatory regime for water and sanitation, allowing rates to reflect the actual cost of providing services. The government then reorganized the sector under 13 state-owned regional water companies and, in 1998, started to partially privatize some of them. Four years after the first sale, it is now possible to assess the early results of privatization. Thi...

Nuclear power and the private sector

International Nuclear Information System (INIS)

Miller, D.J.

1989-01-01

The world scene is sketched in which nuclear power already contributes 600 Mtce/year to world energy but where public attitudes in the developed world have become largely hostile. This is despite the proven technology of nuclear power, its safety record (Chernobyl notwithstanding) and its environmentally benign aspects. The United Kingdom government's determination to ensure a continuing role for nuclear power in a privatized electricity supply industry is seen against this background. The structure of the British nuclear power industry undoubtedly presents difficulties for privatization but solutions are available and precedents for private sector nuclear power exist in other countries. Private sector operators will be required to meet the exacting standards set by the independent licensing authority but in view of the public concern redoubled efforts and new approaches will be necessary in public persuasion. Waste disposal is another issue which may have implications for the acceptability of nuclear power in the public sector. Finally, the prospects for investment in new nuclear plant by private generation companies are examined. (U.K.)

NEW REGULATION OF PRIVATE EQUITY AND VENTURE CAPITAL FUNDS AND OPEN QUESTIONS

Directory of Open Access Journals (Sweden)

Suzana Audić Vuletić

2017-01-01

Full Text Available This article provides an analysis of the new regulation of private equity and venture capital funds which are in Croatian law regulated by Alternative Investment Funds Act and ordinances. These funds can offer their units only via private offering to primarily professional, i.e. qualifying investors. They invest mostly in shares and units of companies, including both companies in early (start-ups and in later stage of business. For the companies in which they invest, these funds are very signifi cant as they can provide capital for even small entrepreneurs which could not obtain fi nancing from traditional sources (e. g. banks. This article analyzes investment transactions between private equity (further in text: PE and venture capital (further in text: VC funds and the company in which they invest (portfolio company. PE and VC funds represent a new segment in the Croatian capital market which is still developing and whose potential is yet to be fully recognized. PE and VC funds are not regulated on the EU level. However, managers of AIFs, including PE and VC funds are under certain conditions. Authors shall analyze these legal sources, both on the EU and on the domestic level, with emphasis on the regulation of managers of AIFs when they acquire controlling stake in non-listed companies and issuers, which is of special interest to PE and VC funds due to their investment techniques. In that light, authors question if there is a mechanism which ensures that PE and VC funds act as a socially responsible shareholders/unitholders in portfolio companies (public accountability of the managers of AIFs. If so, authors argue the existence of possible confl ict of interest, as it is not clear in whose interest should managers of PE and VC funds act: in the interest of their investors or in the interest of the portfolio company.

POSSIBLE DIRECTIONS FOR AMENDMENTS OF CROATIAN COMPANY LAW

Directory of Open Access Journals (Sweden)

Tomislav Jakšić

2016-01-01

Full Text Available This contribution aims to provide directions for some possible future amendments of domestic company law regulation. Intent of such amendments is to facilitate creation of a more competitive and understandable legal framework that will be equally attractive to both domestic and foreign investors. Establishment of such legal framework can contribute to the strengthening of economy and legal certainty as well as creation of a favourable investment environment. Contribution is divided into two distinct parts. First part provides suggestions relating to amendments in the field of company incorporation. For example, consideration is given to establishment of one stop shop service as well as online incorporation, introduction of the limited liability company without the minimal share capital requirement and other similar areas which can contribute to the simplification of company incorporation procedure (e.g. abolition of the founder’s statement of tax debt non-existence. Second part provides suggestions for amendments aimed at improvement of existing legal solutions and removal of ambiguities that undermine legal certainty which can result in non-uniform application in business dealings and judicial practice. For example, suggestions are given in regard to the clearance given to the management and supervisory board members of a private company limited by shares, decision making by shareholders through use of means that do not require them to be physically present at the general meeting of a private company limited by shares, fee approval to the members of the first supervisory board of a public company limited by shares, attendance of management board members at the supervisory board meetings and making counter-proposals by company shareholders before and during the general meeting of the company.

Towards Real Time Simulation of Ship-Ship Interaction

DEFF Research Database (Denmark)

Lindberg, Ole; Bingham, Harry B.; Engsig-Karup, Allan Peter

2012-01-01

We present recent and preliminary work directed towards the development of a simplified, physics-based model for improved simulation of ship-ship interaction that can be used for both analysis and real-time computing (i.e. with real-time constraints due to visualization). The goal is to implement...... accurate (realistic) and much faster ship-wave and ship-ship simulations than are currently possible. The coupling of simulation with visualization should improve the visual experience such that it can be perceived as more realistic in training. Today the state-of-art in real-time ship-ship interaction...... is for efficiency reasons and time-constraints in visualization based on model experiments in towing tanks and precomputed force tables. We anticipate that the fast, and highly parallel, algorithm described by Engsig-Karup et al. [2011] for execution on affordable modern high-throughput Graphics Processing Units...

Regulation of the Private Security Sector in Africa | CRDI - Centre de ...

International Development Research Centre (IDRC) Digital Library (Canada)

In Africa as elsewhere, the past decade has seen rapid growth in the private security industry. In a growing trend, key defense and security functions - such as the protection of the president and areas rich in valuable resources - are being outsourced to private companies. The recent unsuccessful coup attempt in Equatorial ...

Modeling and Solving the Liner Shipping Service Selection Problem

DEFF Research Database (Denmark)

Karsten, Christian Vad; Balakrishnan, Anant

We address a tactical planning problem, the Liner Shipping Service Selection Problem (LSSSP), facing container shipping companies. Given estimated demand between various ports, the LSSSP entails selecting the best subset of non-simple cyclic sailing routes from a given pool of candidate routes...... to accurately model transshipment costs and incorporate routing policies such as maximum transit time, maritime cabotage rules, and operational alliances. Our hop-indexed arc flow model is smaller and easier to solve than path flow models. We outline a preprocessing procedure that exploits both the routing...... requirements and the hop limits to reduce problem size, and describe techniques to accelerate the solution procedure. We present computational results for realistic problem instances from the benchmark suite LINER-LIB....

The Economics of Private Business Jet Travel

OpenAIRE

Claire Starry; Gerald W Bernstein

2008-01-01

The use of private air travel for business trips has expanded rapidly over the past few decades. We estimate that the number of U.S. domestic passenger trips per year on business aircraft exceeded 17 million in 2007, or a number equal to about 40 percent of combined domestic first-class, business-class, and full-fare coach airline trips—travel options for which passengers also pay a premium for timeliness, comfort, or privacy. Once a company determines that it can benefit from private busines...

Driver rostering for bus transit companies

NARCIS (Netherlands)

Nurmi, K.; Kyngäs, J.; Post, Gerhard F.

2011-01-01

Staff scheduling has become increasingly important for both the public sector and private companies. Good rosters have many benefits for an organization, such as lower costs, more effective utilization of resources and fairer workloads and distribution of shifts. The process of constructing

Income value of private amenities assessed in California oak woodlands

Directory of Open Access Journals (Sweden)

Jose L. Oviedo

2012-07-01

Full Text Available Landowners in California were surveyed using a contingent valuation technique to assess its usefulness in estimating the monetary income value of private amenities from their oak woodland properties. Private amenities - such as recreation, scenic beauty and a rural lifestyle - are considered an important influence on rangeland owners, but few studies have attempted to place a monetary income value on them. Landowners were asked to estimate the maximum amount of earnings that they were willing to forgo before selling their property to invest in more commercially profitable, nonagrarian assets, and the proportion of the land price that they thought was explained by private amenities from their land. On average, landowners were willing to pay $54 per acre annually for private amenities, and they attributed 57% of the land price to them. Regression analysis revealed that the landowners' willingness to pay per acre decreased as property size increased. This approach sheds light on how landowners value the benefits of land owner-ship and offers insights for outreach and policy development for privately owned oak woodlands.

Um estudo sobre a aderência do Balanced Scorecard às empresas abertas e fechadas Adherence to the Balanced Scorecard in public and private companies

Directory of Open Access Journals (Sweden)

Daniel Augusto Dietschi

2008-04-01

adherent to public than to private companies. The problem was investigated through a survey involving executives from 77 companies with annual revenues above R$10 million. Frequency distribution analyses, chi-square tests and Phi and Cramérs V tests were applied, with the support of SPSS software. The results indicate that BSC characteristics are more adherent to public than to private companies, with financial aspects prevailing in companies whose shares are negotiated in the Stock Exchange.

The operations and effectiveness of public and private provision of solid waste collection services in Kampala

NARCIS (Netherlands)

Katusiimeh, M.W.; Mol, A.P.J.; Burger, C.P.J.

2012-01-01

This paper compares the operations and discusses the effectiveness of public and private sector provision of solid waste collection in Kampala, Uganda. Household data suggest that the private sector is more effective than the public sector. Private sector companies provide services like container

Responsibility for private sector adaptation to climate change

Directory of Open Access Journals (Sweden)

Tina Schneider

2014-06-01

Full Text Available The Intergovernmental Panel on Climate Change (2007 indicates that vulnerable industries should adapt to the increasing likelihood of extreme weather events along with slowly shifting mean annual temperatures and precipitation patterns, to prevent major damages or periods of inoperability in the future. Most articles in the literature on business management frame organizational adaptation to climate change as a private action. This makes adaptation the sole responsibility of a company, for its sole benefit, and overlooks the fact that some companies provide critical goods and services such a food, water, electricity, and medical care, that are so vital to society that even a short-term setback in operations could put public security at risk. This raises the following questions: (1 Who is responsible for climate change adaptation by private-sector suppliers of critical infrastructure? (2 How can those who are identified to be responsible, actually be held to assume their responsibility for adapting to climate change? These questions will be addressed through a comprehensive review of the literature on business management, complemented by a review of specialized literature on public management. This review leads to several conclusions. Even though tasks that formerly belonged to the state have been taken over by private companies, the state still holds ultimate responsibility in the event of failure of private-sector owned utilities, insofar as they are "critical infrastructure." Therefore, it remains the state's responsibility to foster adaptation to climate change with appropriate action. In theory, effective ways of assuming this responsibility, while enabling critical infrastructure providers the flexibility adapt to climate change, would be to delegate adaptation to an agency, or to conduct negotiations with stakeholders. In view of this theory, Germany will be used as a case study to demonstrate how private-sector critical infrastructure

The shipping man adventures in ship finance

CERN Document Server

McCleery, Matthew

2013-01-01

When restless New York City hedge fund manager Robert Fairchild watches the Baltic Dry Cargo Index plunge 97%, registering an all-time high and a 25-year low within the span of just six months, he decides to buy a ship. Immediately fantasizing about naming a vessel after his wife, carrying a string of worry beads and being able to introduce himself as a "shipowner" at his upcoming college reunion, Fairchild immediately embarks on an odyssey into the most exclusive, glamorous and high stakes business in the world. From pirates off the coast of Somalia and on Wall Street to Greek and Norwegian shipping magnates, the education of Robert Fairchild is an expensive one. In the end, he loses his hedge fund, but he gains a life - as a Shipping Man. Part fast paced financial thriller, part ship finance text book, The Shipping Man is 310 pages of required reading for anyone with an interest in capital formation for shipping.

Tax-free Transfer of Assets in Denmark to Foreign Companies

DEFF Research Database (Denmark)

Rønfeldt, Thomas; Werlauff, Erik

2008-01-01

The article analyses the Danish Act on transfer of a personally owned business to a private or public limited company. It is demonstrated that the demand in the Act that the transfer takes place to a company domiciled in Denmark, is contrary to EU law. The article further demonstrates how...... the transfer can take place, in conformity with EU law, to either a Danish company, or to a foreign company with a Danish branch, without losses for fiscus in Denmark...

Are nuclear ships environmentally safer than conventionally powered ships

International Nuclear Information System (INIS)

Bone, C.A.; Molgaard, C.A.; Helmkamp, J.C.; Golbeck, A.L.

1988-01-01

An epidemiologic analysis was conducted to determine if risk of hospitalization varied by age, ship type, or occupation between nuclear and conventional powered ship crews in the U.S. Navy. Study cohorts consisted of all male enlisted personnel who served exclusively aboard conventional or nuclear powered aircraft carriers and cruisers during the years 1975-1979; cases were those men hospitalized during this period (N = 48,242). Conventional ship personnel showed significantly elevated rates of injury and disease when compared to nuclear ship personnel. The largest relative risks by age occurred for conventional ship crewmen less than 30 years old. Seaman, logistics (supply), and healthcare personnel serving aboard conventional ships comprised the occupational groups exhibiting the highest hospitalization rate differentials. The results strongly suggest that nuclear ships provide a healthier, safer working and living environment than conventional ships

Shipping

NARCIS (Netherlands)

Wijnolst, N.; Wergeland, T.

1996-01-01

Shipping is a multi-faceted industry which is rather complex to define from an academic point of view. This book attempts to grasp these complexities and provide the reader with an overview of the main topics and terminology in shipping. The book is based on material from our courses in shipping at

CSR in TSL companies

Directory of Open Access Journals (Sweden)

Joanna DYCZKOWSKA

2015-03-01

Full Text Available TSL companies are characterized by high dynamics of an increase of incomes, and hence increased shipping. Owing to a rational policy in the area of the consolidation of production and distribution, they may boast of a better use of the means of transport. The purpose of this article is to present the activities in the area of the eco-friendly CSR aspect in the activities of TSL companies taking into consideration particularly logistic operators. The research methods used in the study include an analysis of secondary data, observations and comparative analyses. Road transport in the shipping structure comes first and it constitutes 84% of freights. In the year 2009, in Poland greenhouse gas emissions from road transport amounted to 42.5 million tons (4.84% of the EU member states and CO emissions were 41.9 million tons (analogically, 4.83% of environment pollutions in the European Union. This causes an emission of fumes into the atmosphere. The policy of sustainable development pursued by logistic operators under corporate social responsibility is a response to the abovementioned data. They take decisions concerning social and environmental aspects. The activities of TSL companies under CSR need to provide an answer to customer expectations and needs, and they have to cause an increase of competitiveness on the market. The selected four largest logistic operators conduct the following eco-friendly activities on the highest level: fume emission reports and the control of these emissions, transport of hazardous goods (ADR, voluntary services in the scope of environmental protection and cooperation with eco-friendly organizations. There are those activities which call for improvement: a limitation of the emission of fumes, waste management and sewage treatment policy.

A hybrid design methodology for structuring an Integrated Environmental Management System (IEMS) for shipping business.

Science.gov (United States)

Celik, Metin

2009-03-01

The International Safety Management (ISM) Code defines a broad framework for the safe management and operation of merchant ships, maintaining high standards of safety and environmental protection. On the other hand, ISO 14001:2004 provides a generic, worldwide environmental management standard that has been utilized by several industries. Both the ISM Code and ISO 14001:2004 have the practical goal of establishing a sustainable Integrated Environmental Management System (IEMS) for shipping businesses. This paper presents a hybrid design methodology that shows how requirements from both standards can be combined into a single execution scheme. Specifically, the Analytic Hierarchy Process (AHP) and Fuzzy Axiomatic Design (FAD) are used to structure an IEMS for ship management companies. This research provides decision aid to maritime executives in order to enhance the environmental performance in the shipping industry.

Community-company partnerships in forestry in South Africa – An examination of trends

CSIR Research Space (South Africa)

Ojwang, A

2000-01-01

Full Text Available Partnerships between communities and private companies have been tried and tested in various regions within Africa and the world. Community-Private-Public Partnerships exist in various sectors such as mining, agriculture, tourism and forestry...

On the Global Ship Hull Bending Energy in Ship Collisions

DEFF Research Database (Denmark)

Pedersen, Preben Terndrup; Li, Y.

2004-01-01

During ship collisions part of the kinetic energy of the involved vessels prior to contact is absorbed as energy dissipated by crushing of the hull structures, by friction and by elastic energy. The purpose of this report is to present an estimate of the elastic energy that can be stored in elastic...... hull vibrations during a ship collision. When a ship side is strengthened in order to improve the crashworthiness it has been argued in the scientific literature that a non trivial part of the energy released for structural deformation during the collision can be absorbed as elastic energy in global...... ship hull vibrations, such that with strong ship sides less energy has to be spent in crushing of the striking ship bow and/or the struck ship side. In normal ship-ship collision analyses both the striking and struck ship are usually considered as rigid bodies where structural crushing is confined...

LIMITED LIABILITY COMPANY’S DELIMITATION FROM THE COMPANY FORMS PROVIDED BY THE LAW NO.31/1990 ON TRADING COMPANIES AND THOSE GOVERNED BY THE NEW CIVIL CODE

Directory of Open Access Journals (Sweden)

Eugenia Gabriela LEUCIUC

2014-06-01

Full Text Available Having regard to the practical importance presented by this type of company, as it is the organizational manner of the industrial activity preferred by entrepreneurs, the limited liability company has met along time transformations which enriched and reconfigured its legal regime. All along the current research, we propose to analyze in detail all these legislative instruments and those related to the modifications occurred in the new civil code. However, legislator’s attempt to unify the applicable rules of the great majority of legal relationships established between private persons, between natural and/or legal persons of private law, to which are added the institution of the professional, generates a series of confusions in what regards the understanding of the new civil code. On the grounds of the new civil code, within which the difference between the variety of associative forms (associations, foundations and companies is attenuated, where the distinction between partnership and trading company disappeared, all these forms of organization entering in the category of professionals, it is substantially changed the vision of the companies developing an economic enterprise.

Marketing strategy for private housing market in Thailand

OpenAIRE

Limcharoen, P.

2005-01-01

Marketing is an important part of a business strategy. A company develops a marketing strategy to match their resources and capabilities to customer's changing needs and wants, at a profit. This paper presents the marketing strategy of housing companies in the high-end market segment of Thai private housing market. The framework includes the 4Ps marketing mix and relationship marketing. The 4Ps marketing mix concerns product, price, promotion and place element of house products and services w...

THE ROLE OF U.S AND HER MULTINATIONAL PRIVATE ...

African Journals Online (AJOL)

Dean SPGS NAU

private companies in Nigeria during the war respectively, casts ... nature, others psychological and morally humanitarian. ... The issue of Nigeria-Biafra conflict in the U.S was ..... Ambassador to Nigeria, William Trueheart, continued the pro-.

Prospects of Foreign Capital Raising for Russian Power Grid Companies

Directory of Open Access Journals (Sweden)

N. N. Shvets

2015-01-01

Full Text Available The power sector reform in Russia saw capital raising as one of the key objectives. Additional investments are necessary, in particular, for renovation of fixed assets which are ca. 70% worn out. The official Strategy for the development of the Russian power grid also provides for privatization of certain companies and foreign investors are considered among others as the target audience. Upon prospective privatization the sector is expected not only to experience a certain increase in capital expenditures, but also to benefit from foreign expertise and efficiency enhancement. At the moment, however, the privatization plans are hard to implement due to a number of obstacles. Prospective investors are mostly concerned about the lack of transparent regulation and clear development strategy of the industry. This is particularly relevant to the tariff system, which has been continuously altered in recent years. This might be explained by the need of the state support by other sectors, which is often provided at the expense of the power industry. Furthermore, the prospects of foreign capital raising are negatively influenced by the conflict in Ukraine and the corresponding negative perception of potential investors. The above factors result in the decrease in value of power grid companies as well as in the lack of visibility regarding the prospects of the sector development. Privatization thus becomes unreasonable both for the state and prospective investors. At the same time, despite the sector specifics, there are precedents of successful sale of power grid assets to private investors by international peers. Particularly, Vatenfall and Forum have recently closed relevant transactions, nothing to say about the power grid sector of Brazil, majorly controlled by private owners. Transparent regulation, clear pricing rules and well-balanced economic policy are, indeed, indispensable prerequisites for successful privatization. Those might back up a

Lost in transition? Comparing strategies of electricity companies in Delhi

International Nuclear Information System (INIS)

Criqui, Laure; Zérah, Marie-Hélène

2015-01-01

This paper examines the notion of energy transition when implemented by private utilities. In 2000, the Delhi government privatized electricity distribution to three private distribution companies. Most research was concerned with the impact of privatization on energy reliability, tariff settings and regulation issues. This paper looks at two under-researched themes: the expansion of services to poorer neighborhoods and the rollout of clean energy policies. This focus allows to unpack the materiality of socio-technical systems, to analyze how energy infrastructures are being technically deployed on the ground and to identify which social approach is used. To detail the specific practices of each company provides a more nuanced and accurate understanding of the reform. In-depth analysis of the three private utilities show that they interpret the reform mandate differently: they use a varied range of technical tools; they respond differently to social concerns in poorer neighborhoods; and they have distinctive internal management choices and corporate cultures. All these four factors can strengthen or undermine the transition towards increased access and clean energy. - Highlights: • Energy transition in an emerging cities aims at balancing environmental and social concerns. • Utilities have distinct transition paths despite similar privatization and regulation framework. • Utilities paths depend on spatial, social, managerial and corporate considerations. • Utilities' strategies are shaped by urban challenges rather than by energy policies

On the global ship hull bending energy in ship collisions

DEFF Research Database (Denmark)

Pedersen, Preben Terndrup; Li, Yujie

2009-01-01

During ship collisions part of the kinetic energy of the involved vessels immediately prior to contact is absorbed as energy dissipated by crushing of the hull structures, by friction and by elastic energy. The purpose of this report is to present an estimate of the elastic energy that can...... be stored in elastic hull vibrations during a ship collision. When a ship side is strengthened in order to improve the crashworthiness it has been argued in the scientific literature that a non-trivial part of the energy released for structural deformation during the collision can be absorbed as elastic...... energy in global ship hull vibrations, such that with strong ship sides less energy has to be spent in crushing of the striking ship bow and/or the struck ship side. In normal ship–ship collision analyses both the striking and struck ship are usually considered as rigid bodies where structural crushing...

Towards seasonal Arctic shipping route predictions

Science.gov (United States)

Haines, K.; Melia, N.; Hawkins, E.; Day, J. J.

2017-12-01

In our previous work [1] we showed how trans-Arctic shipping routes would become more available through the 21st century as sea ice declines, using CMIP5 models with means and stds calibrated to PIOMAS sea ice observations. Sea ice will continue to close shipping routes to open water vessels through the winter months for the foreseeable future so the availability of open sea routes will vary greatly from year to year. Here [2] we look at whether the trans-Arctic shipping season period can be predicted in seasonal forecasts, again using several climate models, and testing both perfect and imperfect knowledge of the initial sea ice conditions. We find skilful predictions of the upcoming summer shipping season can be made from as early as January, although typically forecasts may show lower skill before a May `predictability barrier'. Focussing on the northern sea route (NSR) off Siberia, the date of opening of this sea route is twice as variable as the closing date, and this carries through to reduced predictability at the start of the season. Under climate change the later freeze-up date accounts for 60% of the lengthening season, Fig1 We find that predictive skill is state dependent with predictions for high or low ice years exhibiting greater skill than for average ice years. Forecasting the exact timing of route open periods is harder (more weather dependent) under average ice conditions while in high and low ice years the season is more controlled by the initial ice conditions from spring onwards. This could be very useful information for companies planning vessel routing for the coming season. We tested this dependence on the initial ice conditions by changing the initial ice state towards climatologically average conditions and show directly that early summer sea-ice thickness information is crucial to obtain skilful forecasts of the coming shipping season. Mechanisms for this are discussed. This strongly suggests that good sea ice thickness observations

The Costs of Container Transport Flow Between Far East and Serbia Using Different Liner Shipping Services

Directory of Open Access Journals (Sweden)

Rajkovic Radoslav

2015-11-01

Full Text Available Liner shipping is the most efficient mode of transport for goods. International liner shipping is a sophisticated network of regularly scheduled services that transports goods from anywhere in the world to anywhere in the world at low cost and with greater energy efficiency than any other form of international transportation. Liner shipping connects countries, markets, businesses and people, allowing them to buy and sell goods on a scale not previously possible. Today, the liner shipping industry transports goods representing approximately one-third of the total value of global trade. Ocean shipping contributes significantly to international stability and security. Considering the large and constant struggle in the market in terms of competitive pricing of products, a very important and indispensable role represents the container transport with a clear task to define the final price of the product. This paper analyzes the costs of container transport flow between Far East and Serbia, using different liner shipping services, observing the six world’s largest container operators (Maersk Line, Mediterranean Shipping Company, CMA CGM, Evergreen Line, China Ocean Shipping Company and Hapag-Lloyd and inland (truck-rail-river transport corridors. These corridors include distance between selected Mediterranean ports (Koper, Rijeka, Bar, Thessaloniki, Constanta and Serbia. As a result, in this paper is considered a mathematical model that provides a comparative analysis of transportation costs on the different routes. It is observed already existing transport routes and it is also given hypothetical review to the development of new transport routes. The main goal of this research is to provide an optimal route with lowest transportation cost during container transport. Selection of the best route in the intermodal network is a very difficult and complex task. The costs in all modes of transport and the quality of their services are not constant

Bunker Levy Schemes for Greenhouse Gas (GHG) Emission Reduction in International Shipping

DEFF Research Database (Denmark)

Kosmas, Vasileios; Acciaro, Michele

2017-01-01

, the extent of which depend on the structure of the levy and market conditions. Since there is concern that the costs resulting from the policy will be passed from shipping companies to their customers along the supply chain, the paper dwells on how the costs arising from the enforcement of the levy...

Construction of Monitoring Model and Algorithm Design on Passenger Security during Shipping Based on Improved Bayesian Network

Science.gov (United States)

Wang, Jiali; Zhang, Qingnian; Ji, Wenfeng

2014-01-01

A large number of data is needed by the computation of the objective Bayesian network, but the data is hard to get in actual computation. The calculation method of Bayesian network was improved in this paper, and the fuzzy-precise Bayesian network was obtained. Then, the fuzzy-precise Bayesian network was used to reason Bayesian network model when the data is limited. The security of passengers during shipping is affected by various factors, and it is hard to predict and control. The index system that has the impact on the passenger safety during shipping was established on basis of the multifield coupling theory in this paper. Meanwhile, the fuzzy-precise Bayesian network was applied to monitor the security of passengers in the shipping process. The model was applied to monitor the passenger safety during shipping of a shipping company in Hainan, and the effectiveness of this model was examined. This research work provides guidance for guaranteeing security of passengers during shipping. PMID:25254227

Modeling Liner Shipping Service Selection and Container Flows using a Multi-layer Network

DEFF Research Database (Denmark)

Karsten, Christian Vad; Balakrishnan, Anant

We introduce a new formulation for the tactical planning problem facing container shipping companies of selecting the best subset of sailing routes from a given pool of candidate routes so as to maximize profit. Since most containers are sent directly or transshipped at most twice in current liner...

Comparing private label and manufacturer brand innovation projects in a Dutch food processing company

NARCIS (Netherlands)

Omta, S.W.F.; Fortuin, F.T.J.M.

2014-01-01

The time when private labels consisted only of low-priced, low-quality products has long gone. A new type of cooperative innovation project has emerged in which food processors and retailers work closely together to target consumers with new and innovative products. These so-called high-end private

Public-private interactions in global food safety governance.

Science.gov (United States)

Lin, Ching-Fu

2014-01-01

In response to an apparent decline in global food safety, numerous public and private regulatory initiatives have emerged to restore public confidence. This trend has been particularly marked by the growing influence of private regulators such as multinational food companies, supermarket chains and non-governmental organizations (NGOs), who employ private standards, certification protocols, third-party auditing, and transnational contracting practices. This paper explores how the structure and processes of private food safety governance interact with traditional public governance regimes, focusing on Global Good Agricultural Practices (GlobalGAP) as a primary example of the former. Due to the inefficiency and ineffectiveness of public regulation in the face of global problems, private governance in food safety has gradually replaced states' command-and-control regulation with more flexible, market-oriented mechanisms. The paper concludes by emphasizing the importance of constructive regime interaction instead of institutional boundary building to global food safety governance. Public and private ordering must each play a role as integral parts of a larger, dynamic and evolving governance complex.

76 FR 64264 - Authority to Require Supervision and Regulation of Certain Nonbank Financial Companies

Science.gov (United States)

2011-10-18

... emerging threats to the stability of the United States financial system.'' In the recent financial crisis... commenters suggested that the Council should assess whether failure of a nonbank financial company would... companies, private equity firms, and hedge funds, these companies may pose risks that are not well-measured...

Money matters. Financial world looks at oil companies with Argus eyes

International Nuclear Information System (INIS)

Van Gool, M.

2008-01-01

The financial markets foresee high risks in the energy sector for the big, private oil companies such as ExxonMobil, Shell and BP. It appears that these companies are undervalued, In contrast, financial backers are justifiably positive about companies providing services to the oil sector, such as Schlumberger and Halliburton, and 'utilities', such as Eon and EDF, which still have considerable room for growth, The relatively high valuation of state-controlled oil and gas companies such as Gazprom is somewhat more speculative

Designing anthropological reflection within an energy company

DEFF Research Database (Denmark)

Løgstrup, Louise Buch; Gunn, Wendy; Said Mosleh, Wafa

2013-01-01

The move towards a more liberalized energy market and the emergent smart grid technology has forced a Scandinavian energy company to begin rethinking the relation between themselves and private energy end users. Originally a unidirectional relationship, the present and future have potential...

Determinants of Success in Private Equity-Venture Capital Investments

OpenAIRE

Antonio Gledson de Carvalho; Eduardo Madureira Rodrigues Siqueira; Humberto Gallucci Netto

2011-01-01

This paper investigates the determinants of performance of the investments of private equity and venture capital (PEVC) funds in Brazil. We use two unique databases: the First Brazilian Private Equity and Venture Capital Census and the Guia-GVcepe Endeavor, with information on this industry for the period 1999 to 2007. As measures of performance we use the percentage and number of exits through IPO, acquisition by a company or by another investor. Our results indicate that the factors influen...

Privatization considerations of environmental remediation of DOE wastes

International Nuclear Information System (INIS)

Zocher, M.A.; Paananen, O.H.; Kost, K.

1997-01-01

The US Department of Energy (DOE) is in the process of privatizing the application of environmental cleanup technologies to remediate nuclear waste within the DOE complex. These wastes are the legacy of the production of nuclear materials during the cold war era. It is anticipated that the privatization strategy will result in more efficient and less expensive approaches to the cleanup of DOE wastes. Similar privatization initiatives have the potential to achieve increased efficiency and cost savings at sites under the Department of Defense (DOD) and other Federal agencies. The DOE is privatizing a major, complex portion of the Tank Waste Remediation System (TWRS) Program at the Hanford nuclear reservation located in eastern Washington State. This effort will involve private companies that will design, permit, construct, operate, and finally deactivate waste treatment facilities that will be owned entirely by the private sector. The DOE will purchase treated waste products on a unit cost basis from the facilities after supplying the vendors with waste from the tank farm at Hanford. The privatization of selected United States and international Government functions involve decisions that are based on accurate and valid cost information. Private firms are beginning to privatize certain corporate activities so that they may concentrate business activities along main product or mission lines. In either the public or private sector, many aspects of cost engineering are utilized to make prioritization a success

Smart grid business case for private homes

DEFF Research Database (Denmark)

Villefrance, Rasmus; Brandt, Jonas; Eriksen, Poul Svante

2013-01-01

We describe and consider how the potential of energy savings may drive the penetration of smart grid technology into private homes. We assess the sociological processes which lead to energy savings when the residents have access to smart grid technology. We propose a way to establish a cash flow...... from consumers via electrical distribution companies to smart grid technology providers on the Danish market. Finally, we assess the impact of such a business development on the society, as well as relating the penetration of smart grid technology in private homes to the societal goal of 100% renewable...

Changes in competitive strategies due to deregulation and privatization in the petroleum industry: a comparative study

International Nuclear Information System (INIS)

Teixeira Carneiro, J.M.; Moutinho Dos Santos, E.

1999-01-01

This article is part of a series of four dedicated to the study of the global oil competition game through the analytical framework proposed by Michael Porter, from the University of Harvard. By means of a questionnaire answered by top executives in ten oil companies, the authors investigate the changes in the competitive strategy of these companies in the downstream side of the oil business due to deregulation and privatization. The paper starts by establishing the relationship between Porter's generic competitive strategies and specific competitive methods. Then, it describes how companies have changes their competitive methods after privatization and major deregulation. Changes in the industry structure are also analyzed. (authors)

Simultaneous Optimization of Container Ship Sailing Speed and Container Routing with Transit Time Restrictions

DEFF Research Database (Denmark)

Karsten, Christian Vad; Røpke, Stefan; Pisinger, David

We introduce a decision support tool for liner shipping companies to optimally determine the sailing speed and needed fleet for a global network. As a novelty we incorporate cargo routing decisions with tight transit time restrictions on each container such that we get a realistic picture...

A Review of 'Law's Impunity: Responsibility and the Modern Private Military Company'

Directory of Open Access Journals (Sweden)

Marcos Alan S. V. Ferreira

2016-02-01

Full Text Available The mercenaries and mercenarism are two points of concern for scholars studying the rules of war throughout history. Both in jus ad bellum (JAB and jus in bellum (JIB we can find a framework of international law crafted to impede the participation of individuals motivated to take part in hostilities to get private gain. Nevertheless, paradoxically, the problem is when corporations are supported by domestic law to perform serviced in ground combats abroad. In the latter case, Human Rights Law (HRL, International Humanitarian Law (IHL and International Criminal Law (ICL present numerous gaps that make it difficult to incriminate corporations, which perpetuate the impunity among private organizations involved in human rights violations in conflict zones.

VMware private cloud computing with vCloud director

CERN Document Server

Gallagher, Simon

2013-01-01

It's All About Delivering Service with vCloud Director Empowered by virtualization, companies are not just moving into the cloud, they're moving into private clouds for greater security, flexibility, and cost savings. However, this move involves more than just infrastructure. It also represents a different business model and a new way to provide services. In this detailed book, VMware vExpert Simon Gallagher makes sense of private cloud computing for IT administrators. From basic cloud theory and strategies for adoption to practical implementation, he covers all the issues. You'll lea

Green shipping management

CERN Document Server

Lun, Y H Venus; Wong, Christina W Y; Cheng, T C E

2016-01-01

This book presents theory-driven discussion on the link between implementing green shipping practices (GSP) and shipping firm performance. It examines the shipping industry’s challenge of supporting economic growth while enhancing environmental performance. Consisting of nine chapters, the book covers topics such as the conceptualization of green shipping practices (GSPs), measurement scales for evaluating GSP implementation, greening capability, greening and performance relativity (GPR), green management practice, green shipping network, greening capacity, and greening propensity. In view of the increasing quest for environment protection in the shipping sector, this book provides a good reference for firms to understand and evaluate their capability in carrying out green operations on their shipping activities.

Structure of media and communication companies in Ecuador

Directory of Open Access Journals (Sweden)

Gabriela Coronel-Salas

2012-12-01

Full Text Available The lack of information about the media landscape in Ecuador has prompted the Department of Communication Sciences at the Private Technical University of Loja to map the country's media, production companies, and advertising and public relations agencies. The need for a database on communication issues is still latent in Ecuador. Some public and private agencies have made some contributions to the construction of physical or virtual repositories, but the data provided have been limited to basic, often outdated, contact information. Based on a sample of over one thousand media companies, this study describes their structure, legal and corporate organisation, geographical location, contents, reach, and provided services. This study is an approximation to the country’s media reality and is part of a wider research project entitled “Mapa de la Comunicación de Ecuador” (“Ecuador’s Media Map”.

taxing or aiding private universities: educational administration view ...

African Journals Online (AJOL)

Dr Ekanem

aiding private universities in Nigeria and its implications for policy modification. This survey ... individuals, firms and companies to finance ... But then, such decision is against .... income to avoid payment of tax to government while 59.09 per cent indicated that taxation may bring about ... DISCUSSION OF RESULTS.

Privatize Candu (question mark)

International Nuclear Information System (INIS)

Kelly, Thomas.

1981-01-01

A report sponsored by a group of nuclear suppliers and the Royal Bank suggested that the Candu reactor system would sell better if it were owned by a private company. Licensing of a Candu reactor in the U.S.A. was also suggested. The author of this article agrees with these points, but disagrees with the suggestion that safeguards should be relaxed. He suggests that contracts should stipulate that instrumentation should be supplied as much as possible from Canadian sources

Social Security privatization in Latin America.

Science.gov (United States)

Kritzer, B E

2000-01-01

The new, partially privatized social security system adopted by Chile in 1981 has attracted attention in many parts of the world. Since then, a number of Latin American countries have implemented the Chilean model, with some variations: either with a single- or multi-tier system, or with a period of transition to take care of those in the labor force at the time of the change. The single-tier version consists of a privatized program with individual accounts in pension fund management companies. Multi-tier systems have a privatized component and retain some form of public program. This article describes each of the new programs in Latin America, their background, and similarities and differences among them. Much more information is available for Chile than for the other countries (in part because Chile has the oldest system), enough to be able to evaluate what, in most cases, is the most accurate information. That is often not the case for the other countries, especially when dealing with subjects such as transition costs and net rates of return (rates of return minus administrative fees). No country has copied the Chilean system exactly. Bolivia, El Salvador, and Mexico have closed their public systems and set up mandatory individual accounts. Argentina has a mixed public/private system with three tiers. In Colombia and Peru, workers have a choice between the public and private programs. Uruguay created a two-tier mixed system. Costa Rica has a voluntary program for individual accounts as a supplement to the pay-as-you-go program and has just passed a law setting up mandatory accounts containing employer contributions for severance pay. All of the countries continue to face unresolved issues, including: High rates of noncompliance--the percentage of enrollees who do not actively and regularly contribute to their accounts--which could lead to low benefits and greater costs to the governments that offer a guaranteed minimum benefit; Proportionately lower benefits for

Private Investment Purchase and Nursing Home Financial Health

Science.gov (United States)

Cadigan, Rebecca Orfaly; Stevenson, David G; Caudry, Daryl J; Grabowski, David C

2015-01-01

Objective To explore the impact of nursing home acquisition by private investment firms on nursing home costs, revenue, and overall financial health. Data Sources Merged data from the Medicare Cost Reports and the Online Survey, Certification, and Reporting system for the period 1998–2010. Study Design Regression specification incorporating facility and time fixed effects. Principal Findings We found little impact on the financial health of nursing homes following purchase by private investment companies. However, our findings did suggest that private investment firms acquired nursing home chains in good financial health, possibly to derive profit from the company’s real estate holdings. Conclusions Private investment acquired facilities are an important feature of today’s nursing home sector. Although we did not observe a negative impact on the financial health of nursing homes, this development raises important issues about ownership oversight and transparency for the entire nursing home sector. PMID:25104476

Shipping

OpenAIRE

Wijnolst, N.; Wergeland, T.

1996-01-01

Shipping is a multi-faceted industry which is rather complex to define from an academic point of view. This book attempts to grasp these complexities and provide the reader with an overview of the main topics and terminology in shipping. The book is based on material from our courses in shipping at the universities in Delft and Bergen. As with our lectures, we draw upon quite a va ried material, from research studies at a high academic level to lower level student work and purely descriptive ...

Publicly Traded Ed. Companies Are Rare

Science.gov (United States)

Flanigan, Robin L.

2012-01-01

K12 Inc., the nation's largest provider of online precollegiate education, was launched in 2000 and went public seven years later after raising about $140 million in revenue. Like other companies, it moved from being privately held to being publicly traded to raise more money quickly, increase brand awareness, and accelerate business goals. The…

Malaysian Private Education Quality: Application of SERVQUAL Model

Science.gov (United States)

Vaz, Anthony; Mansori, Shaheen

2013-01-01

Intense competition among existing private education providers and the Malaysian government's relaxation of regulations for allowing international universities to open off shore campuses in Malaysia, have forced companies in the education industry to develop strategies which can help them to make their existing students satisfied and keep them…

GLOBAL PUBLIC PRIVATE PARTNERSHIP: AN ANALOGICAL REASONING MODEL

Directory of Open Access Journals (Sweden)

Hyuk KIM

2015-06-01

Full Text Available This paper aims to introduce a new strategic direction for the multinational pharmaceutical companies in terms of the access to essential, life-saving medicines. The multinational pharmaceutical companies have been severely criticized by their various stakeholders because of their business models, particularly because of the stringent patent protection on the pharmaceutical products. The multinational pharmaceutical companies should find a new strategic direction to balance their R&D-intensive, expensive business with the access to essential, lifesaving medicines since favorable public relations are critical for the multinational pharmaceutical companies to maintain their profitable business. This paper adopts an Analogical Reasoning Model (ARM to propose a new strategic direction for the multinational pharmaceutical companies in an effort to balance their expensive business with the enhanced social responsibility. In essence, the ARM helps the multinational pharmaceutical companies formulate viable strategies that can realize a win-win situation not only for their stakeholders but also for the pharmaceutical companies themselves. The ARM is constructed, analyzing the food and beverage industry as a source environment, and suggests a comprehensive, industry-wide, multi-stakeholder public-private partnership, led not by the public sector but by the multinational pharmaceutical companies.

The Corporate Governance of Privately Controlled Brazilian Firms

Directory of Open Access Journals (Sweden)

Érica C. R. Gorga

2009-09-01

Full Text Available We provide an overview of the corporate governance practices of Brazilian public companies, based primarily on an extensive 2005 survey of 116 companies. We focus on the 88 responding Brazilian private firms which are not majority owned by the state or a foreign company. We identify areas where Brazilian corporate governance is relatively strong and weak. Board independence is an area of weakness: The boards of most Brazilian private firms are comprised entirely or almost entirely of insiders or representatives of the controlling family or group. Many firms have zero independent directors. At the same time, minority shareholders have legal rights to representation on the boards of many firms, and this representation is reasonably common. Financial disclosure lags behind world standards. Only a minority of firms provide a statement of cash flows or consolidated financial statements. However, many provide English language financial statements, and an English language version of their website. Audit committees are uncommon, but many Brazilian firms use an alternate approach to ensuring financial statement accuracy – establishing a fiscal board. A minority of firms provide takeout rights to minority shareholders on a sale of control. Controlling shareholders often use shareholders agreements to ensure control.

Designing Adaptable Ships: Modularity and Flexibility in Future Ship Designs

Science.gov (United States)

2016-01-01

with motors, belts, shafts , seals, valves, hose spindles , and switches. If ship installation is not installed, the system will be status quo. Ship...Impact: the current centrifugal purifiers (Alfa-Laval) have experienced frequent failures with motor, belts, shafts , seals, valves, hose spindles ... Designing Adaptable Ships Modularity and Flexibility in Future Ship Designs John F. Schank, Scott Savitz, Ken Munson, Brian Perkinson, James

Channels for change: private water and the urban poor

Energy Technology Data Exchange (ETDEWEB)

Lynch, Matthew; Matthews, Petter; Ryan-Collins, Lily [Engineers Against Poverty (United Kingdom)

2010-05-15

For the rapidly urbanising developing world, safe and affordable water is key to health and livelihoods, as well as meeting the Millennium Development Goals. But providing it demands innovative models. Where the context allows and the approach is appropriate, private sector involvement can generate win-win outcomes. Poor people can gain access to high-quality, affordable services, and companies can gain access to new and profitable business opportunities. Two examples of innovative 'private' water suppliers are the Manila Water Company's Water for the Poor Communities (TPSB) programme, and the Water & Sanitation for the Urban Poor (WSUP) partnership. Both have a multisector approach to service expansion and provision, including partnerships with local authorities; strong community involvement in selecting, designing and operating options; appropriate service levels to reduce costs; and a flexible range of services. Many elements of these models are also replicable.

Argentina to fully privatize state owned YPF

International Nuclear Information System (INIS)

Anon.

1992-01-01

Argentina's Congress has voted to fully privatize state petroleum company Yacimientos Petroliferos Fiscales (YPF), a move the government expects to net at least $8 billion. Despite some political opposition, the vote was 119-10 in favor, with one abstention and opposition party members refusing to participate in the vote. Argentina's President Carlos Menem had threatened to authorize YPF privatization by decree if there was no quorum for a vote. YPF is responsible for 40% of Argentina's oil production. The country h as been self-sufficient in crude since 1982. Current production is 563,472 b/d, and proved reserves of oil and gas are valued at $7 billion

Private equity y venture capital: Diferenciación y principales características

Directory of Open Access Journals (Sweden)

Leonel Arango Vásquez

2015-03-01

Full Text Available El propósito de este artículo es explicar, desde la teoría, dos posibles opciones de financiación que tienen las empresas cuando éstas no pueden acceder a las fuentes tradicionales. La industria del Capital Riesgo surge así como una fuente alternativa de financiación. Esta industria opera a través de vehículos especiales de inversión llamados fondos Private Equity y fondos Venture Capital. En general, los primeros invierten en compañías maduras y desarrolladas, mientras que los segundos lo hacen en empresas nacientes y pequeñas. El ciclo de financiación que proveen estos fondos se estructura en tres etapas principales: captación de recursos, inversión y desinversión. En este artículo se explica la diferencia entre los términos Private Equity y Venture Capital, así como las principales características de las etapas mencionadas.Palabras clave: desinversión; Capital Riesgo; captación de fondos; inversión alternativa; pymes. Private equity and venture capital: Differentiation and main characteristicsAbstractThe purpose of this article with a qualitative approach aims to determine, from the theory the business environment, when companies are not capable to obtain financing through traditional sources, the Private Equity industry is viewed as an alternative source of finance for those companies. This industry operates through special investment vehicles named Private Equity Funds and Venture Capital Funds. In general, the former invest in develop and mature firms, the latter focus on infant and small companies. The financial cycle that these funds supply is structured in three main phases: fundraising phase, investment phase, and divestment phase or exit. This paper explains the difference between Private Equity and Venture Capital, as well as the main characteristics of the mentioned phases; through the methodology of content analysis, which aims to continue the research project of Venture Capital Industry in Colombia

Application of marginal calculation in managing a cooperative company

Directory of Open Access Journals (Sweden)

Danuta Mierzwa

2011-01-01

Full Text Available In the market economy the basic subject is a private enterprise dealing with the production of goods and services in order to maximize profit. The neoclassical microeconomics focuses on examining only these enterprises on the market, which strive to maximize profit within certain limitations in a rational way. Acc. to the act of September 1982 on the co-operative law (The Journal of Laws 1982, no 30, pos. 2010, a cooperative company belongs to a group of private enterprises. However, it is called a non-profit enterprise. Nevertheless, cooperative companies on the market are seldom confronted with capital companies. In the market economy it is a rare situation for a company not to be threatened by competition. And even if such a situation does happen, it is always connected with limited demand. Thus the following question may be asked: can a co-operative company, if it wants to become rational, utilize the marginalization theory in order to determine its general balance? The author is trying to answer this question in her article, selecting an agricultural supply co-operative for her analysis. Using the graphical method, she determines various types of optimums, at the same time stating what importance it has for the members and what position the co-perative holds on the market. In the conclusion she emphasizes that the difficulties with applying the marginalization theory in the co-operative companies are brought about by the way decisions are taken and these subjects are managed, and may be the reason why many of these enterprises are closed down.

Private actor accountability on international regimes

Directory of Open Access Journals (Sweden)

Wahyudi Purnomo

2017-12-01

Full Text Available Public-Private Partnerships (PPPs have emerged along with the growing role of corporations in global development. One of the largest forms of PPP today is the UN Global Compact. The UN Global Compact involves of companies, NGOs, IGOs and state governments. All of them are trying to realize globalization with a more humanist face with attention to the protection of human rights, environment, labor standards and anti-corruption. Engaging private actors in global governance, The UN Global Compact raises many issues such as power, authority, and legitimacy. The effort to tackle it all is to increase PPP accountability. This research seeks to describe what efforts can be made to enhance private accountability within the international regime. The research undertaken is a descriptive study, focuses on public-private partnerships in the UN Global Compact regime. The study found that there were two attempts that could be done. First, by involving the stakeholders in the development of procedures, mechanisms, reporting and monitoring associated with trying to improve the company’s reputation. Second, by looking at corporate relations as agent and UN Global Compact as principal in principal-agent relation in the international regime.

Efficiency and productivity (TFP) of the Turkish electricity distribution companies: An application of two-stage (DEA and Tobit) analysis

International Nuclear Information System (INIS)

Çelen, Aydın

2013-01-01

In this study, we analyze the efficiency performances of 21 Turkish electricity distribution companies during the period of 2002–2009. For this aim, we employ a two-stage analysis in order to take into account the business environment variables which are beyond the control of distribution companies. We determine the efficiency performances of the electricity distribution companies by help of DEA in the first stage. Then, in the second stage, using these calculated efficiency scores as dependent variable, we utilize Tobit model to determine the business environment variables which may explain the efficiency scores. According to the results, customer density of the region and the private ownership affect the efficiencies positively. Thus, the best strategy to improve efficiency in the market is privatizing the public distribution companies. - Highlights: • We analyze the efficiencies of 21 Turkish electricity distribution companies. • A two-stage analysis is employed to take into account environmental variables. • We firstly calculate efficiencies of companies with DEA, then Tobit model is used to determine the effects of the variables. • Customer density and ownership type affect the efficiencies positively. • Privatization is a good strategy to improve efficiencies

Energy privatization in the Middle East

International Nuclear Information System (INIS)

Tetreault, M.A.

1997-01-01

The issue of energy privatization in the Middle East was discussed with particular examples from Kuwait. The development of Kuwait's domestic political institutions is unique in the Arab Gulf which makes privatization more complicated than in other Middle Eastern countries. The major issue in Kuwait is whether foreign investors and domestic private investors will be allowed equity participation in oil and gas production projects. It was suggested that the answer depends on general assessments of national financial and state security interests and on individual case judgements respecting each potential partnership. Historically, one of the main reasons for nationalization of private investment in oil and gas in the Middle East was the desire of governments to increase state revenues. Nationalization permitted states to set prices and production levels themselves and to keep the difference between costs and prices instead of sharing it with corporate owners. However, nationalization is not without its problems as indicated by the difficulties encountered by governments in trying to make the the OPEC-managed hydrocarbon regime work. The three main reasons for the current willingness of Middle Eastern governments to consider re-admitting private companies as equity participants in their energy industries, namely market share and terms of access, interstate disputes, and desire to minimize corruption, were also discussed. It was suggested that these are strong arguments that support taking another look at privatization as a strategy that is in the long-term interest of Middle Eastern oil producing states. 19 refs

Assessment of Drinking Water Sold from Private Sector Kiosks in Post-Earthquake Port-au-Prince, Haiti.

Science.gov (United States)

Patrick, Molly; Steenland, Maria; Dismer, Amber; Pierre-Louis, Jocelyne; Murphy, Jennifer L; Kahler, Amy; Mull, Bonnie; Etheart, Melissa D; Rossignol, Emmanuel; Boncy, Jacques; Hill, Vincent; Handzel, Thomas

2017-10-01

Consumption of drinking water from private vendors has increased considerably in Port-au-Prince, Haiti, in recent decades. A major type of vendor is private kiosks, advertising reverse osmosis-treated water for sale by volume. To describe the scale and geographical distribution of private kiosks in metropolitan Port-au-Prince, an inventory of private kiosks was conducted from July to August 2013. Coordinates of kiosks were recorded with global positioning system units and a brief questionnaire was administered with the operator to document key kiosk characteristics. To assess the quality of water originating from private kiosks, water quality analyses were also conducted on a sample of those inventoried as well as from the major provider company sites. The parameters tested were Escherichia coli , free chlorine residual, pH, turbidity, and total dissolved solids. More than 1,300 kiosks were inventoried, the majority of which were franchises of four large provider companies. Approximately half of kiosks reported opening within 12 months of the date of the inventory. The kiosk treatment chain and sales price was consistent among a majority of the kiosks. Of the 757 kiosks sampled for water quality, 90.9% of samples met World Health Organization (WHO) microbiological guideline at the point of sale for nondetectable E. coli in a 100-mL sample. Of the eight provider company sites tested, all samples met the WHO microbiological guideline. Because of the increasing role of the private sector in drinking water provision in Port-au-Prince and elsewhere in Haiti, this assessment was an important first step for government regulation of this sector.

The real thing: a profile of the coca cola company

OpenAIRE

Hartogh, Matthew

2007-01-01

Competition In its core competency, the Coca-Company has only one serious competitor, the PepsiCo Company, maker of Pepsi-Cola. Current market share of the two companies in the United States stands at 43.7% for Coca-Cola against 31.6% for PepsiCo. British firm Cadbury Schweppes comes in third in the American market with its 7UP and Dr. Pepper brands but does not have a head to head cola competitor for Coca-Cola. Supermarket “private label” cola brands are a substitute beverage for the bi...

Enhancing private sector engagement: Louisiana's business emergency operations centre.

Science.gov (United States)

Day, Jamison M; Strother, Shannon; Kolluru, Ramesh; Booth, Joseph; Rawls, Jason; Calderon, Andres

2010-07-01

Public sector emergency management is more effective when it coordinates its efforts with private sector companies that can provide useful capabilities faster, cheaper and better than government agencies. A business emergency operations centre (EOC) provides a space for private sector and non-governmental organisations to gather together in support of government efforts. This paper reviews business-related EOC practices in multiple US states and details the development of a new business EOC by the State of Louisiana, including lessons learned in response to the May 2010 oil spill.

Water Safety Plan on cruise ships: a promising tool to prevent waterborne diseases.

Science.gov (United States)

Mouchtouri, Varvara A; Bartlett, Christopher L R; Diskin, Arthur; Hadjichristodoulou, Christos

2012-07-01

Legionella spp. and other waterborne pathogens have been isolated from various water systems on land based premises as well as on ships and cases of Legionnaires' disease have been associated with both sites. Peculiarities of cruise ships water systems make the risk management a challenging process. The World Health Organization suggests a Water Safety Plan (WSP) as the best approach to mitigate risks and hazards such as Legionella spp. and others. To develop WSP on a cruise ship and discuss challenges, perspectives and key issues to success. Hazards and hazardous events were identified and risk assessment was conducted of the ship water system. Ship company management, policies and procedures were reviewed, site visits were conducted, findings and observations were recorded and discussed with engineers and key crew members were interviewed. A total of 53 hazards and hazardous events were taken into consideration for the risk assessment and additional essential barriers were established when needed. Most of them concerned control measures for biofilm development and Legionella spp. contamination. A total of 29 operational limits were defined. Supplementary verification and supportive programs were established. Application of the WSP to ship water systems, including potable water, recreational water facilities and decorative water features and fountains, is expected to improve water management on ships. The success of a WSP depends on support from senior management, commitment of the Captain and crew members, correct execution of all steps of a risk assessment and practicality and applicability in routine operation. The WSP provides to shipping industry a new approach and a move toward evidence based water safety policy. Copyright © 2012 Elsevier B.V. All rights reserved.

Barriers to energy efficiency in shipping: A triangulated approach to investigate the principal agent problem

International Nuclear Information System (INIS)

Rehmatulla, Nishatabbas; Smith, Tristan

2015-01-01

Energy efficiency is a key policy strategy to meet some of the challenges being faced today and to plan for a sustainable future. Numerous empirical studies in various sectors suggest that there are cost-effective measures that are available but not always implemented due to existence of barriers to energy efficiency. Several cost-effective energy efficient options (technologies for new and existing ships and operations) have also been identified for improving energy efficiency of ships. This paper is one of the first to empirically investigate barriers to energy efficiency in the shipping industry using a novel framework and multidisciplinary methods to gauge implementation of cost-effective measures, perception on barriers and observations of barriers. It draws on findings of a survey conducted of shipping companies, content analysis of shipping contracts and analysis of energy efficiency data. Initial results from these methods suggest the existence of the principal agent problem and other market failures and barriers that have also been suggested in other sectors and industries. Given this finding, policies to improve implementation of energy efficiency in shipping need to be carefully considered to improve their efficacy and avoid unintended consequences. -- Highlights: •We provide the first analysis of the principal agent problem in shipping. •We develop a framework that incorporates methodological triangulation. •Our results show the extent to which this barrier is observed and perceived. •The presence of the barrier has implications on the policy most suited to shipping

The Role of Internal Audit in Risk Management– Evidence from Private Sector of Kosovo

Directory of Open Access Journals (Sweden)

Hysen Ismajli

2017-10-01

Full Text Available The aim of this study is to examine the role of internal audit function in risk management and challenges that influence its function in private companies in Kosovo. The method chosen for the research is based on structured questionnaire survey sent to all head of internal audit of top 21 largest private companies in Kosovo and conducted several interviews with them. Based on responses received, the role of internal auditor in the risk management is perceived to be very important, but first there are many activities within the company which must be improved to have fully functional audit department. Further, results show that internal auditors understand the concept of risk management but restricted access from business owners to core and confidential information, inexperienced internal audit staff, insufficient funds allocated to develop internal audit department, and lack of management interest are barriers that leads to improper performance of internal audit in risk management and non-functional internal audit. As the role of internal audit in the private sector in Kosovo has been very rarely empirically examined, this study attempts to contribute to future studies that relate to a very important issue such as risk management.

Foreign oil companies weathering Peru's political crisis

International Nuclear Information System (INIS)

Anon.

1992-01-01

This paper reports that foreign oil companies are weathering Peru's political crisis, and the outlook for increased foreign participation in Peru's petroleum sector remains promising. There has been improvement in the political turmoil and soured international relations that followed President Alberto Fujimori's Apr. 5 suspension of Peru's Congress, charging political corruption and attempts to block his fiscal reforms. But there are fresh concerns over an increase in terrorism aimed at oil industry facilities by antigovernment guerrilla groups in Peru. Meanwhile, state-owned oil company Petroleos del Peru (Petroperu) continues efforts to sell assets as part of Fujimori's mandated privatization program. And foreign companies continue to grapple with uncertainty and bureaucratic red tape in chasing investment opportunities in Peru's beleaguered but opening petroleum sector

Private benefits and board size: International evidence

Directory of Open Access Journals (Sweden)

Shinya Shinozaki

2011-04-01

Full Text Available In our analyses of 10,390 companies from 51 countries, we find that in countries that have small capital markets free cash flow is positively related to board size. However, this positive relation becomes significantly weak for companies in large securities markets. This result suggests that managers in underdeveloped capital markets have an incentive to construct less effective boards to extract private benefits. However, the distorted managerial incentive is alleviated in developed countries that have various disciplinary mechanisms to ensure good governance practices. We do not find clear evidence that legal protection of shareholder rights mitigates the managerial incentive to construct less effective boards.

Classification of Ship Routing and Scheduling Problems in Liner Shipping

DEFF Research Database (Denmark)

Kjeldsen, Karina Hjortshøj

2011-01-01

This article provides a classification scheme for ship routing and scheduling problems in liner shipping in line with the current and future operational conditions of the liner shipping industry. Based on the classification, the literature is divided into groups whose main characteristics...

Liquidity management efficiency of Indian Steel Companies (a Case Study)

OpenAIRE

Dr. Amalendu Bhunia; Islam Uddin Khan

2011-01-01

Liquidity management is of crucial importance in financial management decision. The optimalof liquidity management is could be achieve by company that manage the trade-off between profitability and liquidity management. The paper analyses the association between the liquidity management and profitability of 230 Indian private sector steel companies obtained from CMIE database. Liquidity management indicators and profitability indicator over the period from 2002 to 2010 are modeled as a linear...

Opportunities and challenges for private sector entrepreneurship and investment in biodiversity, ecosystem services and nature conservation

NARCIS (Netherlands)

Lambooy, T.E.; Levashova, Y.

2011-01-01

Private companies and investors can profit from the enhancement of nature in general and from specific investments allocated to improve biodiversity and ecosystem services (BES). The question is: What is the incentive, from a private sector point of view, to invest in nature, and what are the

Netherlands public private partnerships aimed at Co-innovation in the potato value chain in emerging markets

NARCIS (Netherlands)

Kempenaar, C.; Blom-Zandstra, M.; Brouwer, T.A.; Putter, De H.; Vries, De S.; Hengsdijk, H.; Janssens, S.R.M.; Kessel, G.J.T.; Koesveld, Van J.M.; Meijer, B.J.M.; Pronk, A.A.; Schoutsen, M.; Beke, Ter F.; Brink, Van Den L.; Michielsen, J.M.; Schepers, H.T.A.M.; Wustman, R.; Zhang, X.; Qiu, Y.T.; Haverkort, A.J.

2017-01-01

Since 2013 the Netherlands Ministries of Economic and Foreign Affairs has been involved in private companies in research and development (R&D) in developing countries. This in a policy going “from aid to trade”. Especially in upcoming markets, R&D is carried out through Public Private

Research combines with public outreach on a cruise ship

Science.gov (United States)

Williams, Elizabeth; Prager, Ellen; Wilson, Doug

An innovative partnership among academia, government, and private industry has created a unique opportunity for oceanographic and meteorological research on a cruise ship. The University of Miami's Rosenstiel School of Marine and Atmospheric Science, Royal Caribbean International, the National Oceanic and Atmospheric Administration's Atlantic Oceanographic and Meteorological Laboratory the National Science Foundation, and the U.S. Office of Naval Research have collaborated to establish two modern laboratories for oceanic and atmospheric research on the 142,000-ton Royal Caribbean ship Explorer of the Seas.The Explorer of the Seas combines extensive research capabilities with public outreach. Hundreds of passengers experience the planet's atmosphere-ocean systems through laboratory tours and presentations given by experienced guest scientists and graduate students. In addition to weekly public lectures, guided tours of the ocean and atmospheric laboratories are available, and ocean-related films are shown during selected afternoons. Two interactive eco-learning areas onboard are equipped with a series of interactive displays and large informational touch screens that illustrate marine and atmospheric concepts as well as the onboard research program.

The Influence of Company Size on Accounting Information: Evidence in Large Caps and Small Caps Companies Listed on BM&FBovespa

Directory of Open Access Journals (Sweden)

Karen Yukari Yokoyama

2015-09-01

Full Text Available In this study, the relation between accounting information aspects and the capitalization level o companies listed on the São Paulo Stock Exchange was investigated, classified as Large Caps or Small Caps, companies with larger and smaller capitalization, respectively, between 2010 and 2012. Three accounting information measures were addressed: informativeness, conservatism and relevance, through the application of Easton and Harris’ (1991 models of earnings informativeness, Basu’s (1997 model of conditional conservatism and the value relevance model, based on Ohlson (1995. The results appointed that, although the Large Caps present a higher level of conservatism, their accounting figures were less informative and more relevant when compared to the Large Caps companies. Due to the greater production of private information (predisclosure surrounding larger companies, the market would tend to respond less strongly or surprised to the publication of these companies’ accounting information, while the lack of anticipated information would make the effect of disclosing these figures more preponderant for the Small Caps companies.

Film and television production in the Netherlands - a comparison between three medium-sized companies.

NARCIS (Netherlands)

Sanders, Willemien; Puijk, Roel

2014-01-01

This paper discusses the different ways in which production companies established in similar ways can develop over time. It takes three Dutch private film- and television companies as cases. The research forms part of the Dutch component of a European partnership project, Success in the Film and

Tourist Satisfaction with Hospitality Services on River Ship “Ms River Aria”

Directory of Open Access Journals (Sweden)

Nikola Vuksanović

2013-07-01

Full Text Available The main prerequisite for a successful business of hospitality services and building customer loyalty is to develop measures for improving and development hospitality services and offer. This paper presents the results of tourists satisfaction surveys based on the measurement of expected and perceived levels of quality hospitality services on a river ship “MS River Aria” company “Grand Circle Cruise Line”. The survey was conducted between March and September 2012 on the itinerary: Amsterdam - Vienna (SGE, Amsterdam - Antwerp (SHH, Linz - Budapest (EDR and Budapest - Constanta (LBS. A model for measuring hospitality services was developed by the company itself. During statistical data analysis, only the highest ratings, whose share was shown as percentage, were taken into account. The obtained results may be relevant for other cruise companies and contribute to the improvement of business and pleasure tourist.

Outsourcing in private healthcare organisations: a Greek perspective.

Science.gov (United States)

Moschuris, Socrates J; Kondylis, Michael N

2007-01-01

The purpose of this paper is to present a study carried out to investigate the extent of outsourcing, the decision-making process, the impact of outsourcing, and the future trend of outsourcing in private healthcare organisations in Greece. A survey instrument was designed and mailed to a random sample of 100 private healthcare organisations in Greece. A total of 25 usable questionnaires were received, representing a response rate of 25 percent. The survey instrument focused on the extent to which private healthcare organisations outsource services, the decision-making process for choosing an external service provider, the impact of outsourcing, and the future trend of outsourcing. Private healthcare organisations in Greece outsource a variety of activities. Cost savings, customisation, and customer satisfaction are the main factors affecting the outsourcing decision. The cooperation with a contract service provider has led to an improvement in customer satisfaction and to a cost reduction. Most users are highly satisfied with the performance of these companies and believe that there will be a future increase in the usage of these services. The paper provides a framework regarding outsourcing in private healthcare organisations. This research fills the gap in the area of outsourcing in private healthcare organisations in Greece.

A New Perspective at the Ship-Air-Sea-Interface: The Environmental Impacts of Exhaust Gas Scrubber Discharge

Directory of Open Access Journals (Sweden)

Sonja Endres

2018-04-01

Full Text Available Shipping emissions are likely to increase significantly in the coming decades, alongside increasing emphasis on the sustainability and environmental impacts of the maritime transport sector. Exhaust gas cleaning systems (“scrubbers”, using seawater or fresh water as cleaning media for sulfur dioxide, are progressively used by shipping companies to comply with emissions regulations. Little is known about the chemical composition of the scrubber effluent and its ecological consequences for marine life and biogeochemical processes. If scrubbers become a central tool for atmospheric pollution reduction from shipping, modeling, and experimental studies will be necessary to determine the ecological and biogeochemical effects of scrubber wash water discharge on the marine environment. Furthermore, attention must be paid to the regulation and enforcement of environmental protection standards concerning scrubber use. Close collaboration between natural scientists and social scientists is crucial for progress toward sustainable shipping and protection of the marine environment.

Governmental Research Support Programs and Private Entities in Slovakia

Directory of Open Access Journals (Sweden)

Maliková Zuzana

2015-01-01

Full Text Available The paper analyses public subsidies aimed to enhance development and innovation in the Slovakian private sector. The paper reviews theoretical approaches of the necessity of public support to research and development activities in order to increase private investment in research and development. An overview of research and development support tools in Slovakia is presented. The analytical part of the work is oriented on a comparative analysis of two granting agencies in Slovakia [Agency for Research and Development (ARD and Agency of Operational Program Research and Development (OPRD]. Special attention is given to direct public financial support. Logit analysis showed a relationship between success of grant applicants and their characteristics. We find that the following have impact on success of the application: Age of the company, amount of the grant required, legal form of the company, and the agency to which the application for grant was submitted. Applicants with legal form Ltd. (limited liability company have a higher chance of receiving grant than other legal forms. The highest chance of success has a request for a grant of up to 500.000 €. According to the results of our analysis, the chance to obtain a grant decreases with each passing year.

Venture capital and private equity investment preferences in selected countries

Directory of Open Access Journals (Sweden)

Krzysztof Dziekoński

2016-01-01

Full Text Available Sources of capital to finance companies in the SME sector is one of the basic conditions for the functioning and development of enterprises, especially in the early phase of their development. Increasingly popular is the use of capital market instruments, Private Equity, Venture Capital, Business Angels or Mezzanine. Funding of this kind can finance risky investments in return for a higher expected rate of return on capital. Access to financial resources and the conditions under which entrepreneurs can use them can determine the introduction of new technology, new products and services, expand distribution channels, implement changes that may lead to the growth in competitiveness and above all, innovation, thus the growth of the company. The paper presents results of statistical analysis of the venture capital and private equity funds investment strategies in selected countries. As a result investment profiles are created.

Valuation of Company Merger from the Shareholders’ Point of View

Directory of Open Access Journals (Sweden)

Christian Toll

2017-08-01

Full Text Available By means of a company merger formerly legally and economically independent companies are tied up to an economic entity. To order the financial state of affairs after the merger, the current shareholders must revalue their stake in the merged company. The interest is focused on the valuation of shares and, consequently, on the allocation of the future economic benefits of the merged company to each owner. Despite the apparent relevance of company mergers in practice, the scientific literature deals with this topic only in an unsatisfying manner. After some early simple model-oriented approaches with the aim to define an ideal exchange ratio, the valuation problem of a merger was taken up again not earlier than in Hering (2004. Based on his considerations, the aim of our paper is to extend and generalize the valuation methods for a company merger and foremost to set the algebra for the computation of the critical share by using maximization of wealth as target function on a firm foundation. We assign a certain marginal quota to the shareholders representing the minimum share in the merged company which puts them in a financial position no worse than compared to the going concern basis. For this reason, we introduce the state marginal quota model as an innovative valuation approach that considers both existing market imperfections and individual expectations of a specific shareholder. To pinpoint our key finding: If private financial redistributions are available, our extended and generalized model shows that the marginal quota * in question cannot be “trivially” obtained as a ratio of utilities. Instead, it is essential to consider the private decision field of a shareholder to allow a restructuring of the dividend payout stream offered by the merged company in order to reach at least a level of utility which is comparable to the state before the merger.

Risk Analysis on Ship Wreck and Container Cargo to Ship Navigation

Directory of Open Access Journals (Sweden)

Muhammad Badrus Zaman

2017-03-01

Full Text Available Wreck of a ship is an incident that must be avoided. Ship accidents are generally caused by a several cases, such as human error, natural disaster, technical errors, missed communication, poor condition of the ship, and many more. Ship wreckage have huge impact for ship navigation, environment, economics, and others. Those impact have many disadvantages for the shipowners, and also for environment. For examples the fuel spills that pollute the environment, make disturbance to sailing ship because the track for those navigation is blocked by the ship wreck and their cargo especially on shallow location (<50 m. These research will discuss the effect the container when it is floats on the sea and its interference other ships. The main objective of this study is to present a risk assessment on the environmental impact of the wreck and container cargo. Wrecks on the seabed is likely to pose a risk to passing ships. container and its contents as well as the possibility of refloat, and also their environmental risks emanating from the wreck and container cargo, such as fuels, lubricants, and chemical cargo. Variations scenario is a collision between ships that pass by floating containers. The frequency of refloating container, and the consequences of the passing ship depends on several factors, which will be the subject of research. However, because of the frequency of refloating containers is unlikely, then the risk is low and does not pose a danger to navigation. These risk assessment using risk matrix 5x5 which is the combined value of the frequency and consequences of the incident. The results of this study indicate the level of risk, whether the risk is accepted, not accepted or received by considering the costs and benefits (ALARP. To consequence, there are two parameters which energy is absorbed and the penetration occurs. The absorbed energy is divided into two, namely the energy absorbed by ship and the energy absorbed by containers. In this

A legal person as a member of an elective body of a limited company

OpenAIRE

Borkovcová, Petra

2016-01-01

130 A legal person as a member of an elective body of a limited company Abstract This thesis deals with one of the significant novelties in Czech company law adopted in connection with the recodification of private law, namely the general option to appoint a legal person as a member of a statutory, supervisory or another elective body of a limited company, i.e. limited liability company or joint stock company. The thesis presents the topic in a broader context and it is aimed to provide the r...

Buckling of Ship Structures

CERN Document Server

Shama, Mohamed

2013-01-01

Buckling of Ship Structures presents a comprehensive analysis of the buckling problem of ship structural members. A full analysis of the various types of loadings and stresses imposed on ship plating and primary and secondary structural members is given. The main causes and consequences of the buckling mode of failure of ship structure and the methods commonly used to control buckling failure are clarified. This book contains the main equations required to determine the critical buckling stresses for both ship plating and the primary and secondary stiffening structural members. The critical buckling stresses are given for ship plating subjected to the induced various types of loadings and having the most common boundary conditions encountered in ship structures.  The text bridges the gap existing in most books covering the subject of buckling of ship structures in the classical analytical format, by putting the emphasis on the practical methods required to ensure safety against buckling of ship structur...

Explaining the inefficiency of electrical distribution companies. Peruvian firms

Energy Technology Data Exchange (ETDEWEB)

Perez-Reyes, Raul [Organismo Supervisor de la Inversion en Energia y Mineria, OSINERGMIN (Peru); Tovar, Beatriz [Infrastructure and Transport Research Group (EIT), Department of Applied Economics, University of Palmas de Gran Canaria (Spain)

2010-09-15

This paper investigates the extent to which the structural reform of the Peruvian electricity market, implemented in the 1990s, has improved the efficiency of the distribution companies; and it evaluates the influence on efficiency of firm specific explanatory variables. To do this, we rely on data from 14 distribution companies between 1996 and 2006. The results indicate that the incentives generated by the reform process led to the firms becoming more efficient. Moreover, the time trend and private management of the distribution companies are variables that positively affect the levels of efficiency, whereas the lower network densities are then the greater the inefficiency. (author)

Explaining the inefficiency of electrical distribution companies. Peruvian firms

International Nuclear Information System (INIS)

Perez-Reyes, Raul; Tovar, Beatriz

2010-01-01

This paper investigates the extent to which the structural reform of the Peruvian electricity market, implemented in the 1990s, has improved the efficiency of the distribution companies; and it evaluates the influence on efficiency of firm specific explanatory variables. To do this, we rely on data from 14 distribution companies between 1996 and 2006. The results indicate that the incentives generated by the reform process led to the firms becoming more efficient. Moreover, the time trend and private management of the distribution companies are variables that positively affect the levels of efficiency, whereas the lower network densities are then the greater the inefficiency. (author)

Limited liability company according to the new Act on commercial corporations

Directory of Open Access Journals (Sweden)

Eva Daniela Růžičková

2013-01-01

Full Text Available Act No. 90/2012 Coll., on commercial corporations, is one of the legal norms which arose in connection to the re-codification of the Private law. Along with the new Civil Code and Act on International private law, it brings about fundamental changes in the field of the regulation of commercial companies. It is an act which partially replaced the current Act No. 513/1991 Coll., Commercial Code. Its content predominantly consists of the regulation of commercial companies and cooperatives, while other relations regarding commercial relations will be covered by the new Civil code. The Chamber of Deputies approved the bill on 16th December and the Act should take effect on 1st January 2014.Since the new legislative norm brings as well many changes in the field of regulations of the limited liability company, which is currently the most used company form, the purpose of this article is to provide complete information about prepared changes in this field, while focusing on risks related to these changes for the limited liability company. According to a hypothesis determined by Pearson chi-quadrate, it should prove to the readers whether or not the changes in the field of the limited liability company will have, as a consequence, the transformation of the legal form used by persons conducting business based on the Trade Act. Further, it will be researched whether these changes will have an impact on the current form for business conduct.

Public or private water management: Experience from different European Countries

Science.gov (United States)

Wackerbauer, Johann

2008-11-01

Faced with liberalisation proposals and an increasing internationalisation of water resource management, the question arises as to how a change of the regulatory framework would affect the market structure and the supply conditions in this area. While the term "privatisation" relates to the ownership structure of the providers, the term "liberalisation" implies extensive free market ideas. Privatisation involves the outsourcing of public services from the public authorities to a privately organised organisation. Through this, however, nothing needs to change in terms of the market or the intensity of competition for the commodity in question. Within the framework of privatisation it can also occur that the public monopoly is only transferred to a private monopoly. The term "liberalisation" in addition refers to the basic regulatory constraints: liberalisation signifies the cessation of limitations to competition and supply monopolies, and open competition between several suppliers for the consumers. In the EU-15, the only country where the provision of operational services in the water supply has been totally passed to the private sector is the UK, but this is only true for UK and Wales. Another singular case is France, where there is a mix of mainly private operating companies and municipalities which have divided the regional supply areas among themselves. In six other EU-15 countries where some privatisation took place, either the municipalities or (majority) publicly owned companies are controlling water supply. In the remaining seven countries, the water supply is organised by municipality companies only. In an international comparison, there are three basic models for the regulation of natural monopolies in the public water supply: the Anglo-Saxon, the French and the German model. The delimitation between supervisory bodies and operations in the water supply is strongest in the first model and weakest in the last. This has led to three basic types of

Public or private water management: Experience from different European Countries

International Nuclear Information System (INIS)

Wackerbauer, Johann

2008-01-01

Faced with liberalisation proposals and an increasing internationalisation of water resource management, the question arises as to how a change of the regulatory framework would affect the market structure and the supply conditions in this area. While the term 'privatisation' relates to the ownership structure of the providers, the term 'liberalisation' implies extensive free market ideas. Privatisation involves the outsourcing of public services from the public authorities to a privately organised organisation. Through this, however, nothing needs to change in terms of the market or the intensity of competition for the commodity in question. Within the framework of privatisation it can also occur that the public monopoly is only transferred to a private monopoly. The term 'liberalisation' in addition refers to the basic regulatory constraints: liberalisation signifies the cessation of limitations to competition and supply monopolies, and open competition between several suppliers for the consumers. In the EU-15, the only country where the provision of operational services in the water supply has been totally passed to the private sector is the UK, but this is only true for UK and Wales. Another singular case is France, where there is a mix of mainly private operating companies and municipalities which have divided the regional supply areas among themselves. In six other EU-15 countries where some privatisation took place, either the municipalities or (majority) publicly owned companies are controlling water supply. In the remaining seven countries, the water supply is organised by municipality companies only. In an international comparison, there are three basic models for the regulation of natural monopolies in the public water supply: the Anglo-Saxon, the French and the German model. The delimitation between supervisory bodies and operations in the water supply is strongest in the first model and weakest in the last. This has led to three basic types of

Public or private water management: Experience from different European Countries

Energy Technology Data Exchange (ETDEWEB)

Wackerbauer, Johann [Ifo Institute for Economic Research, Poschingerstrasse 5, 81679 Munich (Germany)], E-mail: wackerbauer@ifo.de

2008-11-01

Faced with liberalisation proposals and an increasing internationalisation of water resource management, the question arises as to how a change of the regulatory framework would affect the market structure and the supply conditions in this area. While the term 'privatisation' relates to the ownership structure of the providers, the term 'liberalisation' implies extensive free market ideas. Privatisation involves the outsourcing of public services from the public authorities to a privately organised organisation. Through this, however, nothing needs to change in terms of the market or the intensity of competition for the commodity in question. Within the framework of privatisation it can also occur that the public monopoly is only transferred to a private monopoly. The term 'liberalisation' in addition refers to the basic regulatory constraints: liberalisation signifies the cessation of limitations to competition and supply monopolies, and open competition between several suppliers for the consumers. In the EU-15, the only country where the provision of operational services in the water supply has been totally passed to the private sector is the UK, but this is only true for UK and Wales. Another singular case is France, where there is a mix of mainly private operating companies and municipalities which have divided the regional supply areas among themselves. In six other EU-15 countries where some privatisation took place, either the municipalities or (majority) publicly owned companies are controlling water supply. In the remaining seven countries, the water supply is organised by municipality companies only. In an international comparison, there are three basic models for the regulation of natural monopolies in the public water supply: the Anglo-Saxon, the French and the German model. The delimitation between supervisory bodies and operations in the water supply is strongest in the first model and weakest in the last. This has led to

Viking FellowSHIP: Norwegian hydrogen ship on the right course

International Nuclear Information System (INIS)

Larssen-Aas, Kari

2006-01-01

In the future fuel cells will change the world of shipping's economical conditions, and environmental effects from this industry. A new model of a hydrogen fuelled ship was presented at the ONS exhibition in Stavanger 2006. The technology may revolutionize the shipping industry. A brief description of the project is presented (ml)

Do public nursing home care providers deliver higher quality than private providers? Evidence from Sweden.

Science.gov (United States)

Winblad, Ulrika; Blomqvist, Paula; Karlsson, Andreas

2017-07-14

Swedish nursing home care has undergone a transformation, where the previous virtual public monopoly on providing such services has been replaced by a system of mixed provision. This has led to a rapidly growing share of private actors, the majority of which are large, for-profit firms. In the wake of this development, concerns have been voiced regarding the implications for care quality. In this article, we investigate the relationship between ownership and care quality in nursing homes for the elderly by comparing quality levels between public, for-profit, and non-profit nursing home care providers. We also look at a special category of for-profit providers; private equity companies. The source of data is a national survey conducted by the Swedish National Board of Health and Welfare in 2011 at 2710 nursing homes. Data from 14 quality indicators are analyzed, including structure and process measures such as staff levels, staff competence, resident participation, and screening for pressure ulcers, nutrition status, and risk of falling. The main statistical method employed is multiple OLS regression analysis. We differentiate in the analysis between structural and processual quality measures. The results indicate that public nursing homes have higher quality than privately operated homes with regard to two structural quality measures: staffing levels and individual accommodation. Privately operated nursing homes, on the other hand, tend to score higher on process-based quality indicators such as medication review and screening for falls and malnutrition. No significant differences were found between different ownership categories of privately operated nursing homes. Ownership does appear to be related to quality outcomes in Swedish nursing home care, but the results are mixed and inconclusive. That staffing levels, which has been regarded as a key quality indicator in previous research, are higher in publicly operated homes than private is consistent with earlier

Transnational Tobacco Company Influence on Tax Policy During Privatization of a State Monopoly: British American Tobacco and Uzbekistan

Science.gov (United States)

Gilmore, Anna; Collin, Jeff; Townsend, Joy

2007-01-01

Objectives. The International Monetary Fund encourages privatization of state-owned tobacco industries. Privatization tends to lower cigarette prices, which encourages consumption. This could be countered with effective tax policies. We explored how investment by British American Tobacco (BAT) influenced tax policy in Uzbekistan during privatization there. Methods. We obtained internal documents from BAT and analyzed them using a hermeneutic process to create a chronology of events. Results. BAT thoroughly redesigned the tobacco taxation system in Uzbekistan. It secured (1) a reduction of approximately 50% in the excise tax on cigarettes, (2) an excise system to benefit its brands and disadvantage those of its competitors (particularly Philip Morris), and (3) a tax stamp system from which it hoped to be exempted, because this would likely facilitate its established practice of cigarette smuggling and further its competitive advantage.. Conclusions. Privatization can endanger effective tobacco excise policies. The International Monetary Fund should review its approach to privatization and differentiate the privatization of an industry whose product kills from privatization of other industries. PMID:17138915

Private health insurance and access to healthcare.

Science.gov (United States)

Duggal, Ravi

2011-01-01

The health insurance business in India has seen a growth of over 25% per annum in the last few years with the expansion of the private health insurance sector. The premium incomes of health insurance have crossed the Rs 8,000 crore mark with the share of private companies increasing to over 41%. This is despite the fact that from the perspective of patients, health insurance is not a good deal, especially when they need it most. This raises a number of ethical issues regarding how the health insurance business runs and how medical practice adjusts to it for profiteering. This article uses the personal experience of the author to argue that health insurance in an unregulated environment can only lead to unethical practices, further victimising the patient. Further, publicly financed healthcare which operates in an environment regulating both public and private healthcare provisioning is the only way to assure access to ethical and equitable healthcare to people.

Safety of nuclear ships

International Nuclear Information System (INIS)

1978-01-01

Interest in the utilization of nuclear steam supply systems for merchant ships and icebreakers has recently increased considerably due to the sharp rise in oil prices and the continuing trend towards larger and faster merchant ships. Canada, for example, is considering construction of an icebreaker in the near future. On the other hand, an accident which could result in serious damage to or the sinking of a nuclear ship is potentially far more dangerous to the general public than a similar accident with a conventional ship. Therefore, it was very important to evaluate in an international forum the safety of nuclear ships in the light of our contemporary safety philosophy, taking into account the results of cumulative operating experience with nuclear ships in operation. The philosophy and safety requirement for land-based nuclear installations were outlined because of many common features for both land-based nuclear installations and nuclear ships. Nevertheless, essential specific safety requirements for nuclear ships must always be considered, and the work on safety problems for nuclear ships sponsored by the NEA was regarded as an important step towards developing an international code of practice by IMCO on the safety of nuclear merchant ships. One session was devoted to the quantitative assessment of nuclear ship safety. The probability technique of an accident risk assessment for nuclear power plants is well known and widely used. Its modification, to make it applicable to nuclear propelled merchant ships, was discussed in some papers. Mathematical models for describing various postulated accidents with nuclear ships were developed and reported by several speakers. Several papers discussed a loss-of-coolant accident (LOCA) with nuclear steam supply systems of nuclear ships and engineering design features to prevent a radioactive effluence after LOCA. Other types of postulated accidents with reactors and systems in static and dynamic conditions were also

Evolution of relationship between government and companies

International Nuclear Information System (INIS)

Tchuruk, S.

1995-01-01

The president of the Total petroleum company , during a meeting of Petroleum institute at London, exposed the relations and their evolution in energy area, between national government and petroleum industry. The nationalization or the privatization, the taxation, the differences made between different kind of energy are so many factors which are used to regulate energy policy

Scottish Nuclear, the company

International Nuclear Information System (INIS)

Yeomans, R.M.

1991-01-01

A former chief executive of Scottish Nuclear, formed when United Kingdom electricity generation was privatized, describes the financial viability of the company and considers the future of nuclear power. Scottish Nuclear owns and operates the Advanced Gas Cooled (AGR) and Magnox reactors at Hunterston and the AGR reactor at Torness and is a separate company from those dealing with hydro-electric and non-nuclear generation of electricity. Costs of running the reactors is identified as a proportion of the whole for certain key issues such as station costs, depreciation, decommissioning and insurance. While nuclear power generation using outmoded Magnox reactors is costly, the ecological cost of global warming is seen as more of a problem. Future policy for nuclear power in Scotland must include new plant, probably pressurized water reactors and a clear policy of safety enhancement. (UK)

The Dutch East India Company's tea trade with China, 1757-1781

NARCIS (Netherlands)

Liu, Yong

2006-01-01

This case study of the tea trade of the Dutch East India Company with China deals with its most profitable phase, when a direct shipping link was established between Canton and the Dutch Republic in the second half of the eighteenth century. It focuses on the questions why and how the tea trade was

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.

Cooperation of the private companies Groupe Intra and Kerntechnische Hilfsdienst GmbH

International Nuclear Information System (INIS)

Dumas, J.; Neumann, W.

1999-01-01

For supporting companies running nuclear power plants and for eliminating the effects of an accident, Kerntechnischer Hilfsdienst GmbH (KHG) was founded in Germany in 1977 whereas Groupe Intra (GIE) was founded in France 1988. Since the activities and responsibilities of the two companies are partly the same, they got into contact rather early, at that time with the intention to exchange experience. However, in 1993 the intensified contact resulted in signing an agreement on mutual assistance. In the following passage, a general idea is given of both organisations, the agreement on mutual assistance and the experience of cooperation they have had so far. (orig.) [de

Conversion of the former uranium producer into a redevelopment company with limited liability and social problems to be solved by the company

International Nuclear Information System (INIS)

Scheid, R.

1997-01-01

The activities of the Soviet/German company SDAG Wismut were discontinued after the German/Russian treaty of 16 May 1991. The ADAG Wismut was converted into the redevelopment company WISMUT GmbH. This was a task involving aspects of international law, company law, structural policy, engineering and technology, and social aspects which will go on well beyond the turn of the millenium. Separate departments were established for redevelopment, services to be privatized, and promotion of employment. The founding of societies for promotion of employment was an important and successful instrument of socially acceptable staff reduction. The know-how gained during the reconstruction procedure may be marketed successfully on an international scale. (orig.) [de

How would the privatization of Hydro-Quebec make Quebecers richer?

International Nuclear Information System (INIS)

Garcia, C.

2009-02-01

In 1962, a total of 46 companies shared Quebec's electricity production, involving no less than 9,710 megawatts of power. The 4 companies that controlled 85 per cent of this power were Hydro-Quebec, Aluminum Company of Canada (Alcan), Shawinigan Water and Power Company and the Gatineau Power Company. At the time, electricity rates also varied considerably throughout Quebec, being extremely high in regions far from Montreal, which hindered potential industrial development in those areas. This report discussed the privatization of Hydro-Quebec and how it could make Quebecers richer. The report discussed the early days of electricity in Quebec and outlined the reasons that led Quebec to nationalize the production and distribution of electricity and to entrust its management to Hydro-Quebec. A summary of the developments undertaken to enable Hydro-Quebec to substantially boost its exports to the United States following liberalization of the American market toward the end of the twentieth century was also provided. A comparison group of companies in the United States involved in the production, transmission and distribution of electricity was also presented in order to analyze Hydro-Quebec's performance from various standpoints. Other topics that were addressed in the report included operational efficiency; use of capital; the experience of the United Kingdom; the rise in electricity rates; a strategy for privatization; the public offering; and protecting Quebec electricity consumers. The role of the Quebec government and of Hydro-Quebec were also examined. Electricity exports and electricity and aluminum smelters were also assessed. The report noted that Hydro-Quebec's annual profit would shrink from $2,882 million to $709 million if it had to pay the market price for the electricity it obtains from Churchill Falls. 23 tabs., 1 fig., 2 appendices

Recent situations around nuclear ships

International Nuclear Information System (INIS)

Mizuno, Hiroshi

1978-01-01

The philosophy when the safety standard for nuclear ships is drawn up and the international rules specifically for nuclear ships are summarized. As for the safety standard for nuclear ships, the safety requirements for ordinary ships, for the ships transporting nuclear reactors, for ordinary nuclear reactors, and for the reactors moving around the seas must be included. As for the international rules for nuclear ships, there are chapter 8 ''Nuclear ships'' in the International Convention on the Safety of Life at Sea, 1960 and 1974, and Safety Consideration in the Use of Ports and Approaches by Nuclear Merchant Ships. Also there are national rules and standards in Japan and foreign countries. One of the means to explore the practicality of nuclear ships is the investigation of the economy. At this time, the social merits and demerits of nuclear ships must be compared with conventional ships by taking total expenses into account without omission. When oil is depleted, the age of nuclear ships will not necessarily begin, and the will be still some competitors. The investigations concerning the economy of nuclear ships have been carried out in various countries. The present state of the development of nuclear ships in Japan and foreign countries is explained. Many conferences and symposia have been held concerning nuclear ships, and those held recently are enumerated. The realization of nuclear ship age cannot be anticipated from existing papers and shipbuilding projects. (Kako, I.)

Shipping Information Pipeline

DEFF Research Database (Denmark)

Jensen, Thomas

to creating a more efficient shipping industry, and a number of critical issues are identified. These include that shipments depend on shipping information, that shipments often are delayed due to issues with documentation, that EDI messages account for only a minor part of the needed information......This thesis applies theoretical perspectives from the Information Systems (IS) research field to propose how Information Technology (IT) can improve containerized shipping. This question is addressed by developing a set of design principles for an information infrastructure for sharing shipping...... information named the Shipping Information Pipeline (SIP). Review of the literature revealed that IS research prescribed a set of meta-design principles, including digitalization and digital collaboration by implementation of Inter-Organizational Systems based on Electronic Data Interchange (EDI) messages...

The good, the bad and the ugly: The privatization of the Brazilian electricity distribution sector

Energy Technology Data Exchange (ETDEWEB)

Silvestre, Bruno; Hall, Jeremy; Matos, Stelvia; Figuiera, Luiz Augusto

2010-09-15

This paper analyzes the evolution of five electricity distribution companies in the Northeast of Brazil using technical and financial indexes. Three privatized and two public firms were analyzed between 1997 and 2008. The financial indexes are related to the capacity of the business to generate value for shareholders, while the technical indexes are related to the quality of service provided to customers. We observed the privatized firms had their financial indexes improved after the privatization, increasing the value of the firm for the shareholders. However, there is no evidence that the privatization affected the quality of service provided to consumers.

Water depth and acoustic backscatter data collected from NOAA Ship Nancy Foster in Caribbean Sea, from 2015-03-18 to 2015-04-07 (NCEI Accession 0131859)

Data.gov (United States)

National Oceanic and Atmospheric Administration, Department of Commerce — NOAA's NOS/NCCOS/CCMA Biogeography Team, in collaboration with NOAA vessel NOAA Ship Nancy Foster and territory, federal, and private sector partners, conducted the...

A numerical study on ship-ship interaction in shallow and restricted waterway

Directory of Open Access Journals (Sweden)

Sungwook Lee

2015-09-01

Full Text Available In the present study, a numerical prediction method on the hydrodynamic interaction force and moment between two ships in shallow and restricted waterway is presented. Especially, the present study proposes a methodology to overcome the limitation of the two dimensional perturbation method which is related to the moored-passing ship interaction. The validation study was performed and compared with the experiment, firstly. Afterward, in order to propose a methodology in terms with the moored-passing ship interaction, further studies were performed for the moored-passing ship case with a Reynolds Averaged Navier-Stokes (RANS calculation which is using OpenFOAM with Arbitrary Coupled Mesh Interface (ACMI technique and compared with the experiment result. Finally, the present study proposes a guide to apply the two dimensional perturbation method to the moored-passing ship interaction. In addition, it presents a possibility that the RANS calculation with ACMI can applied to the ship-ship interaction without using a overset moving grid technique.

Private sector involvement in the US program of technical assistance to IAEA safeguards

International Nuclear Information System (INIS)

Pepper, S.E.; Epel, L.; Maise, G.; Reisman, A.; Skalyo, J.

1995-01-01

The US Program of Technical Assistance to IAEA Safeguards (POTAS) relies on technical expertise found in the U. S private and public sectors. Since 1993, the international Safeguards Project Office (ISPO) has sought to increase the role of the private sector in POTAS. ISPO maintains and continues to develop a database of US companies interested in providing technical expertise to the IAEA. This database is used by ISPO to find appropriate contractors to respond to IAEA requests for technical assistance when the assistance can be provided by the private sector. The private sector is currently providing support in the development of equipment, training, and procedure preparation. POTAS also supports the work of private consultants. This paper discusses ISPO's efforts to identify suitable vendors and discusses conditions that hinder more substantial involvement by the private sector. In addition, the paper will discuss selected projects that are currently in progress and identify common problems that impede the progress and success of tasks performed by the private sector

Power development- private investment and initiatives

International Nuclear Information System (INIS)

Gupta, B.P.

1995-01-01

In the context of paucity of resources with Central/State public sector companies and to bridge the gap between rapidly growing demand for electricity and supply, a policy to encourage greater investments by private enterprises in the power sector with the objective of mobilizing additional resources for capacity addition in power generation and distribution, had been formulated in 1991 and is currently under implementation. The policy also allows liberal capital structuring and an attractive return on investment

Nuclear ship engineering simulator

International Nuclear Information System (INIS)

Itoh, Yasuyoshi; Kusunoki, Tsuyoshi; Hashidate, Koji

1991-01-01

The nuclear ship engineering simulator, which analyzes overall system response of nuclear ship numerically, is now being developed by JAERI as an advanced design tool with the latest computer technology in software and hardware. The development of the nuclear ship engineering simulator aims at grasping characteristics of a reactor plant under the situation generated by the combination of ocean, a ship hull and a reactor. The data from various tests with the nuclear ship 'MUTSU' will be used for this simulator to modulate and verify its functions of reproducing realistic response of nuclear ship, and then the simulator will be utilized for the research and development of advanced marine reactors. (author)

Valuation of oil companies - Implications for corporate behaviour; Verdsetting av internasjonale olje- og gasselskaper - implikasjoner for selskapsatferd

Energy Technology Data Exchange (ETDEWEB)

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.

Crushing Strength of Ship Structures

DEFF Research Database (Denmark)

Cerup-Simonsen, Bo; Abramowicz, W.; Høstgaard-Brene, C.N.S.

1999-01-01

The crushing response of ship structures is of primary importance to the designers and practicing engineers concerned with accidental loading and accident reconstruction of marine vehicles. Ship to-ship collisions, ship-harbor infrastructure interaction or ship-offshore structure interaction are ...

Ecuador still grappling over privatization as oil flow rises

International Nuclear Information System (INIS)

Anon.

1993-01-01

Ecuador continues to grapple with efforts to privatize its petroleum sector a year after disclosing its plans to withdraw from the Organization of Petroleum Exporting Countries. One of OPEC's smallest members, Ecuador last year said it would leave the group in March 1993, citing high membership costs and minimal benefits. Industry observers also noted at the time Ecuador's plans to sharply boost production this century might run afoul of its OPEC quota. Political controversy is stalling efforts to implement a new reform oriented hydrocarbon law in Ecuador that would open the country's petroleum sector to greater participation by foreign companies and privatize state petroleum companies, including Petroleos del Ecuador (Petroecuador). That comes even as foreign contractors' participation in Ecuador's upstream sector are making a significant contribution to boosting the country's oil production, which had remained flat for a number of years. The paper discusses the status of the new law, the controversy surrounding reforms, the master plan, environmental concerns, reserves and production, Petroecuador activity, planned pipeline work, service contracts, start-up of Oxy, details of Oxy development, and Elf's start-up

The effect of increased private sector involvement in solid waste collection in five cities in Ghana.

Science.gov (United States)

Oduro-Kwarteng, Sampson; van Dijk, Meine Pieter

2013-10-01

Private sector involvement in solid waste management in developing countries has increased, but the effect is not always clear. This study assesses how it has been organized in five cities in Ghana, what has been its effect and what lessons for private sector development in developing countries can be drawn. Data were collected from 25 private companies and a sample of 1200 households. More than 60% of solid waste in Ghanaian cities is now collected by private enterprises. Sometimes, and increasingly, competitive bidding takes place, although sometimes no bidding is organized leading to rendering of this service and no contract being signed. Local governments and local solid waste companies have not changed to more customer-oriented delivery because of the slow pace of charging users and the resulting low rate of cost recovery. The participation of the population has been limited, which contributes to low cost recovery. However, a gradual better functioning of the system put in place is shown. We observed an increasing use of competitive bidding, signing of contracts and city-wide user charging.

Public-private partnerships in urban regeneration projects: Organizational form or managerial capacity?

NARCIS (Netherlands)

M.B. Kort (Michiel); E-H. Klijn (Erik-Hans)

2011-01-01

markdownabstract__Abstract__ Urban regeneration companies (URCs) are public-private entities appearing across Europe. They are created specifically to manage and implement more effectively urban regeneration projects. Core ideas behind the establishment of these newly emerging partnerships aim to

Juridical consequences of liberalization. Part 3. Selling a gas company

International Nuclear Information System (INIS)

Koster, W.

2000-01-01

The liberalization of the natural gas market in Europe has all kinds of juridical aspects. Not only with respect to new legislation (Natural Gas Law and Mining Law), but also changes in juridical structures of natural gas companies, caused by privatization or splitting up in a mains management company and a distribution company. In a series of articles lawyers of the Energy Working Group of Houthoff Buruma in The Hague, Netherlands, discuss the developments at the natural gas market. In this third part, attention will be paid to how authorities involved (municipalities, provinces) can prepare themselves properly with respect to selling the gas company and how they can retain their influence on the future activities of the gas company using legal and contractual agreements. In the article also attention is paid to the various stages of a sale

Development of the nuclear ship MUTSU spent fuel shipping cask

International Nuclear Information System (INIS)

Ishizuka, M.; Umeda, M.; Nawata, Y.; Sato, H.; Honami, M.; Nomura, T.; Ohashi, M.; Higashino, A.

1989-01-01

After the planned trial voyage (4700 MWD/MTU) of the nuclear ship MUTSU in 1990, her spent fuel assemblies, initially made of two types of enriched UO 2 (3.2wt% and 4.4wt%), will be transferred to the reprocessing plant soon after cooling down in the ship reactor for more than one year. For transportation, the MUTSU spent fuel shipping casks will be used. Prior to transportation to the reprocessing plant, the cooled spent fuel assemblies will be removed from the reactor to the shipping casks and housed at the spent fuel storage facility on site. In designing the MUTSU spent fuel shipping cask, considerations were given to make the leak-tightness and integrity of the cask confirmable during storage. The development of the cask and the storage function demonstration test were performed by Japan Atomic Energy Research Institute (JAERI) and Mitsubishi Heavy Industries, Ltd. (MHI). One prototype cask for the storage demonstration test and licensed thirty-five casks were manufactured between 1987 and 1988

Top executive compensation and company performance in Finland

DEFF Research Database (Denmark)

Vittaniemi, Jukka

1997-01-01

The compensation of Chief Executive Officers (CEOs) has attracted a lot of attention in recent years. The current value of stock options in CEOs' compensation packages may exceed several million Finnish marks and at the same time companies are firing thousands of employees. In this paper we examine...... whether the CEOs in our sample are rewarded for good economic performance or if pay increases occur irrespective of share performance and financial performance of their firms? The sample of this study consists of 48 listed and 70 private companies over the period 1989-1993. We were able to detect...

EMPLOYEE LOYALTY: DIFFERENCES BETWEEN GENDERS AND THE PUBLIC AND THE PRIVATE SECTOR

Directory of Open Access Journals (Sweden)

Igor Klopotan

2016-06-01

Full Text Available This article presents the results of the research on important parameters of the loyalty of employees in the public and the private sector. The research was conducted in the Republic of Croatia as a part of the research focused on the essential parameters of the loyalty of employees that contribute to building and retaining loyal behaviour. Loyalty and employee satisfaction are the key parameters that influence the success of a company. In addition, loyal and satisfied employees are important in building good relationships with customers, suppliers and all stakeholders involved in business processes of an organization or a company. The purpose of this article is to define whether there is a difference in parameters of the loyalty of employees in the public and the private sector in Croatia, as well as whether there are certain differences based on gender.

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)

The role of the state oil company in Latin America

International Nuclear Information System (INIS)

Teixeira, A.A.

1992-01-01

ARPEL (Asistencia Reciproca Petrolera Estatal Latinoamericana -Latin America State Oil Companies Association for Mutal Assistance) is a private organization working for the benefit of its 20 member companies as well as promoting the economic integration of their respective countries. The Latin American State Oil Companies (LASOCs) are responsible for 80% of petroleum activities in the region, which in 1990 amounted to 7.4 mbd or 11.4% of the world's production. Mexico and Venezuela are responsible for 2/3 of the output. The LASOCs, besides filling domestic needs and seeking country self-sufficiency, look for opportunities for participation in international markets and to attract external investment. (authors)

JOINT-STOCK COMPANY WITH EMPLOYEES-SHAREHOLDERS IN RUSSIA: IS IT DREAM OR REALITY?

Directory of Open Access Journals (Sweden)

T.V. Zimina

2006-09-01

Full Text Available One of the most urgent problems of post-privatization period in Russia is considered in the article. This is process of forming new property relation formed as a joint-stock company with employees-shareholders (people’s company. Contradictions in low basis and in activity of people’s companies are determined. Trends of future improvement of this process are also offered. We believe that such analysis of joint-stock companies with employees-shareholders forming will be useful not only for researchers, studying problems of property and new forms of business, but also for government authority.

Public-private partnerships and responsibility under international law: a global health perspective

NARCIS (Netherlands)

Clarke, L.

2014-01-01

Partnerships between the public and private sectors are an increasingly accepted method to deal with pressing global issues, such as those relating to health. Partnerships, comprised of states and international organizations (public sector) and companies, non-governmental organizations, research

Evaluating perceived quality of CELPE service: A Brazilian power company case study

International Nuclear Information System (INIS)

Paes de Barros Filho, Joao; Fritsch Damasio da Silva, Cleriston; Nascimento Melo, Maria Auxiliadora do; Dumke de Medeiros, Denise

2009-01-01

This paper presents an application of a methodology for the diagnosis and analysis of the service quality perceived by a Particular Group of CELPE Corporate Customers, a Brazilian power company at Pernambuco State. Concepts, on the power sector, of Quality in Services, Performance Objectives and Critical Factors of Success have been used to develop the analysis. Next, the Critical Factors for a power company were determined and classified in accordance with the performance objectives: Quality, Dependability, Speed and Flexibility. From the factors established, a questionnaire was created to collect data. The case studied involves quantitative research on CELPE's private corporate principal customers using statistical tests to measure internal consistency reliability of the questionnaire scales and to identify underlying concepts, in the four groups analyzed, through which the private corporate customers perceive quality in the given services. Among the goals of this study are to improve the relationship with principal Private Corporate Clients, to create customer loyalty, and to maximize efforts in providing the power supply service, all of them with a view to improving and determining the Global Satisfaction Index

Evaluating perceived quality of CELPE service: A Brazilian power company case study

Energy Technology Data Exchange (ETDEWEB)

Paes de Barros Filho, Joao [Federal University of Pernambuco (UFPE), Center of Technology and Geosciences, 5th floor, Academico Helio Ramos av., Cidade Universitaria, Recife, PE 50.670-901 (Brazil)], E-mail: joaopaes@celpe.com.br; Fritsch Damasio da Silva, Cleriston [Federal University of Pernambuco (UFPE), Center of Technology and Geosciences, 5th floor, Academico Helio Ramos av., Cidade Universitaria, Recife, PE 50.670-901 (Brazil)], E-mail: cleriston_silva@yahoo.com.br; Nascimento Melo, Maria Auxiliadora do [Federal University of Pernambuco (UFPE), Center of Technology and Geosciences, 5th floor, Academico Helio Ramos av., Cidade Universitaria, Recife, PE 50.670-901 (Brazil)], E-mail: manmelo@ufpe.br; Dumke de Medeiros, Denise [Federal University of Pernambuco (UFPE), Center of Technology and Geosciences, 5th floor, Academico Helio Ramos av., Cidade Universitaria, Recife, PE 50.670-901 (Brazil)], E-mail: ddm@ufpe.br

2009-04-15

This paper presents an application of a methodology for the diagnosis and analysis of the service quality perceived by a Particular Group of CELPE Corporate Customers, a Brazilian power company at Pernambuco State. Concepts, on the power sector, of Quality in Services, Performance Objectives and Critical Factors of Success have been used to develop the analysis. Next, the Critical Factors for a power company were determined and classified in accordance with the performance objectives: Quality, Dependability, Speed and Flexibility. From the factors established, a questionnaire was created to collect data. The case studied involves quantitative research on CELPE's private corporate principal customers using statistical tests to measure internal consistency reliability of the questionnaire scales and to identify underlying concepts, in the four groups analyzed, through which the private corporate customers perceive quality in the given services. Among the goals of this study are to improve the relationship with principal Private Corporate Clients, to create customer loyalty, and to maximize efforts in providing the power supply service, all of them with a view to improving and determining the Global Satisfaction Index.

Evaluating perceived quality of CELPE service. A Brazilian power company case study

Energy Technology Data Exchange (ETDEWEB)

De Barros Filho, Joao Paes; Da Silva, Cleriston Fritsch Damasio; Do Nascimento Melo, Maria Auxiliadora; De Medeiros, Denise Dumke [Federal University of Pernambuco (UFPE), Center of Technology and Geosciences, 5th floor, Academico Helio Ramos av., Cidade Universitaria, Recife, PE 50.670-901 (Brazil)

2009-04-15

This paper presents an application of a methodology for the diagnosis and analysis of the service quality perceived by a Particular Group of CELPE Corporate Customers, a Brazilian power company at Pernambuco State. Concepts, on the power sector, of Quality in Services, Performance Objectives and Critical Factors of Success have been used to develop the analysis. Next, the Critical Factors for a power company were determined and classified in accordance with the performance objectives: Quality, Dependability, Speed and Flexibility. From the factors established, a questionnaire was created to collect data. The case studied involves quantitative research on CELPE's private corporate principal customers using statistical tests to measure internal consistency reliability of the questionnaire scales and to identify underlying concepts, in the four groups analyzed, through which the private corporate customers perceive quality in the given services. Among the goals of this study are to improve the relationship with principal Private Corporate Clients, to create customer loyalty, and to maximize efforts in providing the power supply service, all of them with a view to improving and determining the Global Satisfaction Index. (author)

Ship Vibrations

DEFF Research Database (Denmark)

Sørensen, Herman

1997-01-01

Methods for calculating natural frequencies for ship hulls and for plates and panels.Evaluation of the risk for inconvenient vibrations on board......Methods for calculating natural frequencies for ship hulls and for plates and panels.Evaluation of the risk for inconvenient vibrations on board...

Water Safety Plan on cruise ships: A promising tool to prevent waterborne diseases

Energy Technology Data Exchange (ETDEWEB)

Mouchtouri, Varvara A., E-mail: mouchtourib@med.uth.gr [Department of Hygiene and Epidemiology, Faculty of Medicine, University of Thessaly, Larissa (Greece); Bartlett, Christopher L.R. [University College London, Centre for Infectious Disease Epidemiology Department of Primary Care and Population Sciences Royal Free and University College Medical School, London (United Kingdom); Diskin, Arthur [Royal Caribbean Cruise Line, Miami (United States); Hadjichristodoulou, Christos [Department of Hygiene and Epidemiology, Faculty of Medicine, University of Thessaly, Larissa (Greece)

2012-07-01

Background: Legionella spp. and other waterborne pathogens have been isolated from various water systems on land based premises as well as on ships and cases of Legionnaires' disease have been associated with both sites. Peculiarities of cruise ships water systems make the risk management a challenging process. The World Health Organization suggests a Water Safety Plan (WSP) as the best approach to mitigate risks and hazards such as Legionella spp. and others. Objectives: To develop WSP on a cruise ship and discuss challenges, perspectives and key issues to success. Methods: Hazards and hazardous events were identified and risk assessment was conducted of the ship water system. Ship company management, policies and procedures were reviewed, site visits were conducted, findings and observations were recorded and discussed with engineers and key crew members were interviewed. Results: A total of 53 hazards and hazardous events were taken into consideration for the risk assessment and additional essential barriers were established when needed. Most of them concerned control measures for biofilm development and Legionella spp. contamination. A total of 29 operational limits were defined. Supplementary verification and supportive programs were established. Conclusions: Application of the WSP to ship water systems, including potable water, recreational water facilities and decorative water features and fountains, is expected to improve water management on ships. The success of a WSP depends on support from senior management, commitment of the Captain and crew members, correct execution of all steps of a risk assessment and practicality and applicability in routine operation. The WSP provides to shipping industry a new approach and a move toward evidence based water safety policy. - Highlights: Black-Right-Pointing-Pointer We conducted risk assessment and developed a Water Safety Plan on a cruise ship. Black-Right-Pointing-Pointer 53 hazards and hazardous events were

Water Safety Plan on cruise ships: A promising tool to prevent waterborne diseases

International Nuclear Information System (INIS)

Mouchtouri, Varvara A.; Bartlett, Christopher L.R.; Diskin, Arthur; Hadjichristodoulou, Christos

2012-01-01

Background: Legionella spp. and other waterborne pathogens have been isolated from various water systems on land based premises as well as on ships and cases of Legionnaires' disease have been associated with both sites. Peculiarities of cruise ships water systems make the risk management a challenging process. The World Health Organization suggests a Water Safety Plan (WSP) as the best approach to mitigate risks and hazards such as Legionella spp. and others. Objectives: To develop WSP on a cruise ship and discuss challenges, perspectives and key issues to success. Methods: Hazards and hazardous events were identified and risk assessment was conducted of the ship water system. Ship company management, policies and procedures were reviewed, site visits were conducted, findings and observations were recorded and discussed with engineers and key crew members were interviewed. Results: A total of 53 hazards and hazardous events were taken into consideration for the risk assessment and additional essential barriers were established when needed. Most of them concerned control measures for biofilm development and Legionella spp. contamination. A total of 29 operational limits were defined. Supplementary verification and supportive programs were established. Conclusions: Application of the WSP to ship water systems, including potable water, recreational water facilities and decorative water features and fountains, is expected to improve water management on ships. The success of a WSP depends on support from senior management, commitment of the Captain and crew members, correct execution of all steps of a risk assessment and practicality and applicability in routine operation. The WSP provides to shipping industry a new approach and a move toward evidence based water safety policy. - Highlights: ► We conducted risk assessment and developed a Water Safety Plan on a cruise ship. ► 53 hazards and hazardous events were taken into consideration for the risk assessment. �

PERFORMANCE INDICATORS APPLIED TO BRAZILIAN PRIVATE EDUCATIONAL INSTITUTIONS

Directory of Open Access Journals (Sweden)

Átila de Melo Lira

2015-06-01

Full Text Available Initially focused on for-profit companies the Balance Scorecard (BSC has been adopted by many organizations with different objectives, such as higher education institutions (HEIs. However, it is not clear if the adoption of the BSC model is appropriate, or yet is hard to perceive how HEIs have modified and implemented this tool for evaluating educational institutions, public or privates, in Brazil. This study aims to fill the gap existent in the context of using the BSC in organizations. We intend to demonstrate how these organizations use performance indicators to measure their primary activities. A quantitative and exploratory study was developed from the analysis of performance indicators found in the web sites to Brazilian universities. A total of 91 Brazilian private universities evaluation process were reviewed. Even with a considerable amount of private HEIs there are few that have performance indicators guided by numerical and statistical data covering its main activities which is a concern for their managers in terms of managerial control.

Genetic Counsellors and Private Practice: Professional Turbulence and Common Values.

Science.gov (United States)

Collis, Sarah; Gaff, Clara; Wake, Samantha; McEwen, Alison

2017-12-27

Genetic counsellors face tensions between past and future identities: between established values and goals, and a broadening scope of settings and activities. This study examines the advent of genetic counsellors in private practice in Australia and New Zealand from the perspectives of the small numbers working in this sector and those who have only worked in public practice. Semi-structured interviews were conducted with 16 genetic counsellors who had experience in private practice, and 14 genetic counsellors without private sector experience. Results demonstrated that circumstantial and personal factors can mitigate the challenges experienced and the amount of support desired by those who had established a private practice, and those who were employed by private companies. Notably, most participants with private sector experience perceived themselves to be viewed negatively by other genetic counsellors. Most participants without private sector experience expressed concern that the challenges they believed genetic counsellors face in private practice may impact service quality, but wished to address such concerns by providing appropriate support. Together, our results reinforce that participants in private and public sectors are strong advocates for peer support, multidisciplinary team work, and professional development. These core values, and seeking understanding of different circumstances and support needs, will enable genetic counsellors in different sectors to move forward together. Our results suggest supports that may be acted upon by members of the profession, professional groups, and training programs, in Australia, New Zealand, and overseas.

Recycling of merchant ships

Directory of Open Access Journals (Sweden)

Magdalena Klopott

2013-12-01

Full Text Available The article briefly outlines the issues concerning ship recycling. It highlights ships' high value as sources of steel scrap and non-ferrous metals, without omitting the fact that they also contain a range of hazardous substances. Moreover, the article also focuses on basic ship demolition methods and their environmental impact, as well as emphasizes the importance of “design for ship recycling” philosophy.

Cruise Ships: Continuity and Change in the World System

Directory of Open Access Journals (Sweden)

Francisca Oyogoa

2016-03-01

Full Text Available Cruise ships present a useful context to study contemporary developments in globalization.  U.S.-owned cruise companies have managed to create the “ideal” context for contemporary corporations: very little government oversight of labor relations, an available pool of very cheap labor dispersed across the globe, lax environmental regulations, high profit margins, and corporate tax rates around 1%.  A typical cruise ship leaving the U.S. contains workers from 75 to 90 nationalities.  Crewmembers performing menial service work are recruited exclusively from “poor countries” in Asia, Eastern Europe, Latin America, and the Caribbean. Crewmembers typically sign 10-month contracts stipulating 10-14 hour workdays/7 days a week without vacation or sick days. There is a striking correlation between workers’ pay/status and their countries’ position within the world system.  Staff members are usually white Westerners, while crewmembers are exclusively from the global south. On cruises the legacies of imperialism and colonialism are often the basis of workers’ racialization as appropriate servants.

Enel expects privatization to be completed

International Nuclear Information System (INIS)

Anon

2006-01-01

The collapse of the coalition will probably mean that the sale of state-owned stakes in two distribution companies and all the heating plants will not be completed and nor will privatisation at Zapadoslovenska energetika. Most important for the energy sector is uncertainty regarding the major privatization project of this government - finding a new owner of 66% of Slovenske elektrarne shares. The state expects to receive about 32 billion Slovak crowns (842.105 million EUR) from Enel for this stake. 'The cabinet has approved the privatization under certain conditions and those have to be met now,' answered the leader of the KDH deputy's club, Pavol Minarik, to the question whether the cabinet would still be able to muster sufficient votes in parliament to pass the Act on the national nuclear account. All other so-called delaying conditions are in the competence of the cabinet or the Ministry of Economy of the Slovak Republic and the opposition, which opposes privatization, cannot influence them. The act will address the financing of debts related to the liquidation of the V1 and A1 nuclear power plants. (authors)

Private Funding and Its Dangers to Academia: An Experience in Switzerland

Science.gov (United States)

Hugentobler, Manuela; Müller, Markus; Morrissey, Franz Andres

2017-01-01

Academic freedom, a deep-rooted right in the Swiss Constitution, is endangered. Private sponsorship agreements, secretly negotiated between university leaders and big companies, become increasingly vital for universities in Switzerland. Swiss authorities are pushing this development: not only are they taking austerity measures, but also rewarding…

The thinking of Cloud computing in the digital construction of the oil companies

Science.gov (United States)

CaoLei, Qizhilin; Dengsheng, Lei

In order to speed up digital construction of the oil companies and enhance productivity and decision-support capabilities while avoiding the disadvantages from the waste of the original process of building digital and duplication of development and input. This paper presents a cloud-based models for the build in the digital construction of the oil companies that National oil companies though the private network will join the cloud data of the oil companies and service center equipment integrated into a whole cloud system, then according to the needs of various departments to prepare their own virtual service center, which can provide a strong service industry and computing power for the Oil companies.

Quantifying the Impact of Autism Coverage on Private Insurance Premiums

Science.gov (United States)

Bouder, James N.; Spielman, Stuart; Mandell, David S.

2009-01-01

Many states are considering legislation requiring private insurance companies to pay for autism-related services. Arguments against mandates include that they will result in higher premiums. Using Pennsylvania legislation as an example, which proposed covering services up to $36,000 per year for individuals less than 21 years of age, this paper…

Nuclear ships and their safety

Energy Technology Data Exchange (ETDEWEB)

NONE

1961-04-15

Several aspects of nuclear ship propulsion, with special reference to nuclear safety, were discussed at an international symposium at Taormina, Italy, from 14-18 November 1960. Discussions on specific topics are conducted, grouped under the following headings: Economics and National Activities in Nuclear Ship Propulsion; International Problems and General Aspects of Safety for Nuclear Ships; Nuclear Ship Projects from the Angle of Safety; Ship Reactor Problems; Sea Motion and Hull Problems; Maintenance and Refuelling Problems; and Safety Aspects of Nuclear Ship Operation.

From health plan companies to international insurance companies: changes in the accumulation regime and repercussions on the healthcare system in Brazil

Directory of Open Access Journals (Sweden)

Ligia Bahia

Full Text Available Abstract: The concentration and internationalization of health plan companies in Brazil gave them a clearly financial face. Based on the need to understand the health care industry's capital accumulation patterns, the current study examines health plan companies' expansion strategies through the classification of their supply and demand characteristics by recent historical periods and an analysis of recent shareholding trends in one of the leading corporations in the Brazilian health care industry. The 1960s to 2000s witnessed changes in the scale of demands for health plans and adherence by companies to long-term accumulation strategies. Beginning in the early 21st century, changes in the shareholding structures of the largest Brazilian company, consistent with the financialization of its accumulation regime, resulted in the rapid multiplication of its capital. Deepening segmentation of the health care system in a context marked by the downturn in the national economy challenges the preservation of public subsidies for private health plans.

Workplace ART programmes: Why do companies invest in them and ...

African Journals Online (AJOL)

Prevalence data indicates that certain sectors within the private sector are particularly affected by HIV/AIDS. Companies in southern Africa began implementing treatment programmes in early 2002 as the corporate sector came to realise the financial imperative of offsetting employee morbidity and mortality. This article sets ...

The principal-agent problem and transport energy use: Case study of company lease cars in the Netherlands

International Nuclear Information System (INIS)

Graus, Wina; Worrell, Ernst

2008-01-01

Barriers exist for improvement of energy efficiency, of which the principal-agent problem is considered an important one. The principal-agent problem is a potential barrier for energy policies based on economic instruments, as the decision maker may be partially insulated from the price signal given by such policies. We estimate the size and the impact of the principal-agent problem for cars provided by companies as a benefit to employees in the Netherlands. Of all passenger cars in the Netherlands, 11% is classified as company cars, which consume 21% of the total energy consumption by passenger cars. As company cars are newer, operate more diesel engines, but are also larger, the fuel efficiency is slightly worse than that of private cars. Company cars seem to drive longer distances for commuting than the national average of private cars. Together, this might result in a net 1-7% increase of all fuel use of passenger cars in the Netherlands. This indicates that there is potential to reduce energy consumption of company cars and a need for policies aimed at improving energy efficiency of company cars

Approximate Method of Calculating Forces on Rudder During Ship Sailing on a Shipping Route

Directory of Open Access Journals (Sweden)

K. Zelazny

2014-09-01

Full Text Available Service speed of a ship in real weather conditions is a basic design parameter. Forecasting of this speed at preliminary design stage is made difficult by the lack of simple but at the same accurate models of forces acting upon a ship sailing on a preset shipping route. The article presents a model for calculating forces and moment on plane rudder, useful for forecasting of ship service speed at preliminary stages of ship design.

The Amazon Monopoly: Is Amazon’s Private Label Business the Tipping Point?

OpenAIRE

Faherty, Emily; Huang, Kevin; Land, Robert

2017-01-01

The purpose of this paper is to consider if Amazon’s increase in private label brands is the tipping point for transforming the e-commerce giant into a monopoly. To lay the foundation, we initially explore the culture, leadership, and business practices which are unique to Amazon that enabled the company to become one of the U.S.’s largest and fastest growing e-commerce websites. Introduced in 2009, Amazon’s private label business has further propelled Amazon’s growth while creating a competi...

Nuclear ship accidents

International Nuclear Information System (INIS)

Oelgaard, P.L.

1993-05-01

In this report available information on 28 nuclear ship accident and incidents is considered. Of these 5 deals with U.S. ships and 23 with USSR ships. The ships are in almost all cases nuclear submarines. Only events that involve the nuclear propulsion plants, radiation exposures, fires/explosions and sea water leaks into the submarines are considered. Comments are made on each of the events, and at the end of the report an attempt is made to point out the weaknesses of the submarine designs which have resulted in the accidents. It is emphasized that much of the available information is of a rather dubious nature. consequently some of the assessments made may not be correct. (au)

Private placements

International Nuclear Information System (INIS)

Bugeaud, G. J. R.

1998-01-01

The principles underlying private placements in Alberta, and the nature of the processes employed by the Alberta Securities Commission in handling such transactions were discussed. The Alberta Securities Commission's mode of operation was demonstrated by the inclusion of various documents issued by the Commission concerning (1) special warrant transactions prior to listing, (2) a decision by the Executive Director refusing to issue a receipt for the final prospectus for a distribution of securities of a company and the reasons for the refusal, (3) the Commission's decision to interfere with the Executive Director's decision not to issue a receipt for the final prospectus, with full citation of the Commission's reasons for its decision, (4) and a series of proposed rules and companion policy statements regarding trades and distributions outside and in Alberta. Text of a sample 'short form prospectus' was also included

Recommendations for the Interagency Ship Structure Committee’s Fiscal 1985 Research Program.

Science.gov (United States)

1984-01-01

of the World War II 70 ship fracture problems. For over 30 years, the SSC has undertaken ,merous efforts to study the problem of brittle fracture. An...Research & Development Company, Houston, TX Prof. N. A. Hamlin, Webb Institute of Naval Architecture, Glen Cove, NY Prof. W. H. C. Maxwell...Institute of Naval Architecture, Glen Cove, NY OBJECTIVE The objective of this study is to determine sloshing loads on the boundaries, swash bulkheads, and

Development of the Nuclear Ship Database. 1. Outline of the Nuclear Ship Experimental Database

Energy Technology Data Exchange (ETDEWEB)

Kyouya, Masahiko; Ochiai, Masa-aki [Japan Atomic Energy Research Inst., Tokai, Ibaraki (Japan). Tokai Research Establishment; Hashidate, Kouji

1995-03-01

We obtained the experimental data on the effects of the ship motions and the change in load and caused by the ship operations, the waves, the winds etc., to the nuclear power plant behavior, through the Power-up Tests and Experimental Voyages of the Nuclear Ship MUTSU. Moreover, we accumulated the techniques, the knowledge and others on the Nuclear Ship development at the each stage of the N.S. MUTSU Research and Development program, such as the design stage, the construction stage, the operation stage and others. These data, techniques, knowledge and others are the assembly of the experimental data and the experiences through the design, the construction and the operation of the first nuclear ship in JAPAN. It is important to keep and pigeonhole these products of the N.S. MUTSU program in order to utilize them effectively in the research and development of the advanced marine reactor, since there is no construction plan of the nuclear ship for the present in JAPAN. We have been carrying out the development of the Nuclear Ship Database System since 1991 for the purpose of effective utilization of the N.S. MUTSU products in the design study of the advanced marine reactors. The part of the Nuclear Ship Database System on the experimental data, called Nuclear Ship Experimental Database, was already accomplished and utilized since 1993. This report describes the outline and the use of the Nuclear Ship Experimental Database.The remaining part of the database system on the documentary data, called Nuclear Ship Documentary Database, are now under development. (author).

Development of the Nuclear Ship Database. 1. Outline of the Nuclear Ship Experimental Database

International Nuclear Information System (INIS)

Kyouya, Masahiko; Ochiai, Masa-aki; Hashidate, Kouji.

1995-03-01

We obtained the experimental data on the effects of the ship motions and the change in load and caused by the ship operations, the waves, the winds etc., to the nuclear power plant behavior, through the Power-up Tests and Experimental Voyages of the Nuclear Ship MUTSU. Moreover, we accumulated the techniques, the knowledge and others on the Nuclear Ship development at the each stage of the N.S. MUTSU Research and Development program, such as the design stage, the construction stage, the operation stage and others. These data, techniques, knowledge and others are the assembly of the experimental data and the experiences through the design, the construction and the operation of the first nuclear ship in JAPAN. It is important to keep and pigeonhole these products of the N.S. MUTSU program in order to utilize them effectively in the research and development of the advanced marine reactor, since there is no construction plan of the nuclear ship for the present in JAPAN. We have been carrying out the development of the Nuclear Ship Database System since 1991 for the purpose of effective utilization of the N.S. MUTSU products in the design study of the advanced marine reactors. The part of the Nuclear Ship Database System on the experimental data, called Nuclear Ship Experimental Database, was already accomplished and utilized since 1993. This report describes the outline and the use of the Nuclear Ship Experimental Database.The remaining part of the database system on the documentary data, called Nuclear Ship Documentary Database, are now under development. (author)

Perceptions of Nongovernmental Organization (NGO Staff about Water Privatization in Developing Countries

Directory of Open Access Journals (Sweden)

Ellis A. Adams

2014-11-01

Full Text Available Almost a billion people globally lack access to potable water. In the early 1990’s, attempts to improve potable water access in the global south included a massive push for water services privatization, often involving the transfer of public water services to private companies. Critics of water privatization claim it rarely improves access to water, and in most cases, unfairly affect poor people. Proponents on the other hand argue that it is necessary for efficient management and capital investment in the water sector. Although development NGOs play an important role in developing country water provision, hardly any studies have sought to understand their perceptions about the potential role of water privatization towards improving access to potable water in developing countries. We interviewed the key staff among 28 international and national NGO staff about water privatization, its opportunities and constraints. Their perceptions were mixed. While most criticized water privatization as increasing water costs to the poor, some noted that privatization is necessary for improving water access through increased capital investment. We present the findings and discuss larger implications for water policies and reforms in developing countries.

Accountability and governance in local public services: The particular case of mixed companies

Directory of Open Access Journals (Sweden)

Nuno Ferreira da Cruz

2011-12-01

Full Text Available The growing budget restrictions and decentralization processes that local governments face nowadays are threatening the sustainability of local public services. To overcome this problem, local decision-makers around the world have been developing ambiguous reforms, leading to various governance models. Since these services are essential for citizens’ welfare, it is crucial to determine whether or not these models have been effective and useful to cope with this state of affairs. To offer extra leverage to key projects, the European governments have been resorting to public-private partnerships (PPPs. One of the visible trends, which lacks further research, has been the use of mixed public-private companies (institutionalized PPPs. Although it is recognized that this solution can be interesting for both public and private sides, it has some particular features that can avert the aimed goals. This paper provides a literature review on mixed companies encompassing theoretical, legal and operational aspects. It also focuses on regulation by contract, referring to a particular Portuguese case study in the water sector and explaining how the municipality handled risk allocation and regulated the access to the market of private investors. Finally, it discusses the need for external regulation and makes suggestions on how these processes should be managed right from the bidding stage

Dutch Ships and Sailors

NARCIS (Netherlands)

de Boer, Victor; Hoekstra, F.G.; Leinenga, Jurjen; van Rossum, Matthias

2014-01-01

Dutch Ships and Sailors provides an infrastructure for maritime historical datasets, linking correlating data through semantic web technology. It brings together datasets related to recruitment and shipping in the East-India trade (mainly 18th century) and in the shipping of the northern provinces

Reactors. Nuclear propulsion ships

International Nuclear Information System (INIS)

Fribourg, Ch.

2001-01-01

This article has for object the development of nuclear-powered ships and the conception of the nuclear-powered ship. The technology of the naval propulsion P.W.R. type reactor is described in the article B.N.3 141 'Nuclear Boilers ships'. (N.C.)

The conceptual solutions concerning decommissioning and dismantling of Russian civil nuclear powered ships

International Nuclear Information System (INIS)

Kulikov, Konstantin N.; Nizamutdinov, Rinat A.; Abramov, Andrey N.

2013-01-01

From 1959 up to 1991 nine civil nuclear powered ships were built in Russia: eight ice-breakers and one lash lighter carrier (cargo ship). At the present time three of them were taking out of service: ice-breaker 'Lenin' is decommissioned as a museum and is set for storage in the port of Murmansk, nuclear ice-breakers 'Arktika' and 'Sibir' are berthing. The ice-breakers carrying rad-wastes appear to be a possible source of radiation contamination of Murmansk region and Kola Bay because the ship long-term storage afloat has the negative effect on hull's structures. As the result of this under the auspices of the Federal Targeted Program 'Nuclear and Radiation Safety of Russia for 2008 and the period until 2015' the conception and projects of decommissioning of nuclear-powered ships are developed by the State corporation Rosatom with the involvement of companies of United Shipbuilding Corporation. In developing the principal provisions of conception of decommissioning and dismantling of icebreakers the technical and economic assessment of dismantling options in ship-repairing enterprises of North-West of Russia was performed. The paper contains description of options, research procedure, analysis of options of decommissioning and dismantling of nuclear ice-breakers, taking into account the principle of optimization of potential radioactive effect to personnel, human population and environment. The report's conclusions contain the recommendations for selection of option for development of nuclear icebreaker decommissioning and dismantling projects. (authors)

Private pensions. A less taxing alternative.

Science.gov (United States)

Schalkle, B L; Dyrhaug, K J

1992-07-01

The results of the Joneses' coordinated retirement income and estate planning strategies are as follows: 1. The Joneses maximized their estate assets by converting an inefficient estate asset (the qualified retirement plan) into an efficient estate asset (the income-tax-free death benefit) without jeopardizing their current or future standard of living or the value passed on to their heirs. This allows them to satisfy their conflicting objectives. 2. They added flexibility to their future family gifting plans by providing themselves a secure income for the rest of their lives. 3. They fulfilled their desire to protect their family against government confiscation of retirement plan assets in the event they both die before using all their qualified retirement assets. This private pension plan strategy is obviously not available to everyone, nor is it appropriate for everyone. This solution worked well for this client, but everyone's situation is unique. Before creating such a plan, it is important to review all the factors in an individual's financial picture, including financial and retirement objectives and investment risk tolerance. Although this is an innovative idea that may solve a pension dilemma, it should not be used in place of qualified retirement plans but, rather, used in conjunction with such a plan. The private pension plan does not work with all insurance products or all insurance companies. Choosing the right company and product for each client requires care and expertise.

Satisfaction of staff of Swiss insurance companies with medical appraisals: a cross sectional study

Directory of Open Access Journals (Sweden)

Gyr Niklaus

2011-03-01

Full Text Available Abstract Background A high quality of timely delivered medical appraisals is crucial for social and other insurances to judge possible occupational reintegration measures for patients with medical conditions who are in danger to lose their job. However, little is known about the satisfaction of staff of insurance companies with medical appraisals that they have commissioned. Our questionnaire survey prospectively included all medical appraisals arriving at Swiss insurances from FEB to APR 2008. We assessed the satisfaction of the commissioner with medical appraisals performed by medical assessors. In addition, we evaluated the contribution of several factors to overall satisfaction. The unit of sample was the medical appraisal. Findings We analysed 3165 medical appraisals, 2444 (77% of them from the public disability insurance, 678 (22% from private accident, liability and loss of income insurances and 43 (1% from other insurances. Overall satisfaction of staff of insurance companies in Switzerland was high, but satisfaction of the disability insurance with appraisals was generally lower compared to satisfaction of private insurances. The staff of the disability insurance judged time for preparation as too long in 30%. For staff of private insurance companies 20% of appraisals were not "worth its price". Well-grounded and comprehensible conclusions were the single most important factor for high overall satisfaction (OR 10.1; 95%-CI: 1.1-89.3. Conclusions From the viewpoint of staff of insurance companies, a relevant part of medical appraisals arrives too late. Medical assessors have to take the specific needs of insurances into account, to perform more appraisals with sound conclusions in due time.

An Optimal Turkish Private Pension Plan with a Guarantee Feature

Directory of Open Access Journals (Sweden)

Ayşegül İşcanog̃lu-Çekiç

2016-06-01

Full Text Available The Turkish Private Pension System is an investment system which aims to generate income for future consumption. This is a volunteer system, and the contributions are held in individual portfolios. Therefore, management of the funds is an important issue for both the participants and the insurance company. In this study, we propose an optimal private pension plan with a guarantee feature that is based on Constant Proportion Portfolio Insurance (CPPI. We derive a closed form formula for the optimal strategy with the help of dynamic programming. Moreover, our model is evaluated with numerical examples, and we compare its performance by implementing a sensitivity analysis.

Causes of ransom private railways in the Russian Empire during the reign of Alexander III

Directory of Open Access Journals (Sweden)

Pavel A. Gurianov

2016-03-01

Full Text Available This article focuses on a number of reasons, redemption of private railways in the Russian Empire during the reign of Alexander III. Preconditions for this step. After the defeat in the Crimean War, the state began to consider two basic ways construction of railways: the expense of the treasury at the expense of private capital, including foreign ones. Attempts to organize joint capital of private foreign and domestic on the example of the main Russian Railway Company ended sadly. Foreign capital is mainly interested in speculation on the Russian stock exchange, as a result the majority of the company's shares went to the Russian capital. To support the private Russian capital the government has gone the way of the guarantee capital, in certain cases, as a joint stock or bond or one of the types of capital. When distribution concessions were not crucial economic factors, and the proximity to the elite or the corruption component. Often concession won by those who offered the lowest price, which affects the quality of railway construction in the country. As a result of the concession is not got the most professionally trained people who are almost entirely the burden shifted to the state, and profits for the most part getting any private owners. As a result, such practice is ruinous for the Treasury forced the government to buy back a significant portion of private railways on acceptable terms. As a result, initially malpractice and corruption safeguards prevent a real manifestation of self-employment initiatives

Education in the Direction of Public-Private Partnership

Directory of Open Access Journals (Sweden)

Norma Suely Siqueira Eiras

2008-07-01

Full Text Available The process of the neoliberalism reveals, at its more intense moment, the submission of all the levels of the life human being the mercantile transactions, the capitalist inclination to the world-wide trading. In this manner, the neoliberal proposals objectify, over all, the creation of an only feeling to guarantee the success of its ideals of globalization, free-economy and State minimum, not inhibit the social politics, but partnership of the market. Amongst the artifices used for the neoliberal proposers, placed the Public-Private Partnerships (PPPs with which this article concerns. From the conceptualization and characterization of the instrument Public-Private Partnerships (PPPs, national and European projects, developed through the PPPs, had been analyzed. The subjects of these projects involve Technology of Computer science and Communication and eLearning (education + technology + in the distance. Reflections had evidenced that the partnerships between governments and multinationals companies can lead to a loss of control on the part of the State on the educational formation of the citizens and the loss of identity of its resumes. The explanation for this phenomenon happens of the trend to the globalization. On the other hand, these partnerships bring profits politicians to the governments and economic to the companies.

Innovative private micro-hydro power development in Rwanda

International Nuclear Information System (INIS)

Pigaht, Maurice; Plas, Robert J. van der

2009-01-01

Under the 'Private Sector Participation in Micro-Hydro Development Project in Rwanda', four newly registered Rwandan companies are each constructing a micro-hydro electricity plant (100-500 kW) and building a low-voltage distribution grid. These companies financed their plants through their own equity and debt with support from the PSP Hydro project. This support comprised a subsidy of 30-50% of investment costs, technical and business development assistance, project monitoring and financial controlling. The experiences gained so far have important implications for similar future micro-hydro energy sector development projects and this paper puts forward three key messages: (i) institutional arrangements rather than technical quality determine the success of such projects; (ii) truly sustainable rural electrification through micro-hydro development demands a high level of local participation at all levels and throughout all project phases, not just after plant commissioning; and (iii) real impact and sustainability can be obtained through close collaboration of local private and financial sector firms requiring only limited external funds. In short, micro-hydro projects can and will be taken up by local investors as a business if the conditions are right. Applying these messages could result in an accelerated uptake of viable micro-hydro activities in Rwanda, and in the opinion of the authors elsewhere too.

Do Catalan private hospitals enjoy financial health?

Directory of Open Access Journals (Sweden)

Judit Creixans Tenas

2016-02-01

Full Text Available Purpose: The present study reflects the economic and financial analysis of  private hospitals with non-charitable character in Catalonia 2008-2013. The private health sector is considered to be a service activity that develops an important social role. The study positions these analysed centers in the Catalan and Spanish health sector and presents the main economic and financial indicators to diagnose the situation of these companies during the period indicated by analysing short and long-term results and analysis of changes in equity and cash flows of the wineries. Design/methodology/approach: The data used comes from the statements of the Catalan hospital centers in the period 2008-2013 and in particular, it contains a sample of 94 Catalan private hospitals, that mostly are considered large-level accounting (according to the General Accounting Plan. The economic and financial  analysis has carried out using descriptive statistics and analysis results and conclusions have been reached. Findings: The study noted that enables private hospitals in this period have a healthy economic and financial status, although it should improve the management of assets. Most sales are concentrated with a small number of hospitals and, regarding the evolution of the results, produces two distinct stages, the first period of decrease (2008-2010 and the second period of growth and recovery from 2011.. Research limitations/implications: It would be desirable to perform the same study by the Spanish private hospitals in order to compare the economic and financial analysis of the Catalan private sector with the Spanish private sector. Practical implications: It allows us to assess the projection of this sector in recent years in Catalonia in order to take the appropriate economic decisions in this regard. Social implications: The results show the changes that have occurred over the years in the economic crisis of the period analysed. Originality / value: For

Outer Dynamics of Ship Collisions

DEFF Research Database (Denmark)

Pedersen, Preben Terndrup

1996-01-01

The purpose is to present analysis procedures for the motion of ships during ship-ship collisions and for ship collisions with offshore structures. The aim is to estimate that part of the lost kinetic energy which will have to be absorbed by rupture and plastic damage of the colliding structures....

Handbook of nuclear ships

International Nuclear Information System (INIS)

1981-03-01

First, the government organs and other organizations related to nuclear ships and their tasks are described. The fundamental plan for the development of nuclear ships had been determined in July, 1963, and was revised three times thereafter. However in December, 1980, new determination to carry out the research works also was made. The course of the construction of the nuclear ship ''Mutsu'' from 1955 to 1980, the main particulars of the nuclear ship ''Mutsu'' and the drawing of the general arrangement are shown. The designated port for berthing the Mutsu was completed in 1972 in Ominato, Aomori Prefecture, but after the happening of radiation leak during the trial operation of the Mutsu in 1974, it was agreed to remove the port. The main works to be carried out at the port and the port facilities are explained. The progress of the examination of safety of the Mutsu and the result, the test of raising the power output carried out in 1974, and the course of selecting the port for making the repair works of the Mutsu are described. The law concerning Japan Nuclear Ship Research and Development Agency had been instituted in 1963, and was revised four times thereafter. The change of the budget for the tests and researches related to nuclear ships in Japan is shown. The state of development of nuclear ships in foreign countries, the international organs related to atomic energy, shipping, shipbuilding and energy, and chronological table are introduced. (Kako, I.)

How PEPFAR's public-private partnerships achieved ambitious goals, from improving labs to strengthening supply chains.

Science.gov (United States)

Sturchio, Jeffrey L; Cohen, Gary M

2012-07-01

The President's Emergency Plan for AIDS Relief (PEPFAR), established in 2003, is widely recognized as one of the most ambitious and successful bilateral programs ever implemented to address a single disease. Part of the program's success is attributable to the participation of the private sector, working in partnership with the US and local governments and implementing organizations to maximize the reach and effectiveness of every dollar spent. We examined key public-private partnerships that grew out of PEPFAR to identify features that have made them effective. For example, PEPFAR's Supply Chain Management System took advantage of private industry's best practices in logistics, and a partnership with the medical technology company BD (Becton, Dickinson and Company) improved laboratory systems throughout sub-Saharan Africa. We found that setting ambitious goals, enlisting both global and local partners, cultivating a culture of collaboration, careful planning, continuous monitoring and evaluation, and measuring outcomes systematically led to the most effective programs. The Office of the US Global AIDS Coordinator and PEPFAR should continue to strengthen their capacity for private-sector partnerships, learning from a decade of experience and identifying new ways to make smart investments that will make the most efficient use of taxpayer resources, expand proven interventions more rapidly, and help ensure the sustainability of key programs.

Outer Dynamics of Ship Collisions

DEFF Research Database (Denmark)

Pedersen, Preben Terndrup

1996-01-01

The purpose of these notes is to present analysis procedures for the motion of ships during ship-ship collisions and for ship collisons with offshore structures. The aim is to estimate that part of the lost kinetic energy which will have to be absorbed by rupture and plastic damage of the colliding...

113 The Cost Analysis of a Start-up Company in the Information Technology Domain

Directory of Open Access Journals (Sweden)

Cornelia Elena Tureac

2014-12-01

Full Text Available Most countries more or less developed rely on the dynamism and resistance to risk of the private companies. Worldwide, the SMEs represent 85% of private companies that engages approximately 60% of the workforce. The company’s performance is reflected in expenditure analysis which is an important factor to be considered in an enterprise. Because of the importance of this issue, we performed an analysis and the presentation of costs of a company working in the field of IT. The expenses, if they are well established and commensurate with the income, the company will certainly be able to overcome the economic barriers that occur during the course of business activity. The research methodology lies in analyzing and highlighting the company's expenses, aiming at the necessary equipment, acquisition of intangible fixed assets, administrative expenses, external services and not least the wage costs. Spending is a factor that depends entirely on the company's control, so it represents a primary factor for analysis. In conclusion the biggest expenses in the first year are those aiming at the acquisition cost of intangible fixed assets, respectively 103.090.00 representing the software necessary for conducting the activity, and those with external performance executed by third parties amounting to 330,800.00 lei, the largest share could be found in the research activity. Salary expenditures in the first year of operation are of 299.267.00 lei.

On Impact Mechanics in Ship Collisions

DEFF Research Database (Denmark)

Pedersen, Preben Terndrup; Zhang, Shengming

1998-01-01

The purpose of this paper is to present analytical, closed-form expressions for the energy released for crushing and the impact impulse during ship collisions. Ship-ship collisions, ship collisions with rigid walls and ship collisions with flexible offshore structures are considered. The derived ...

Towards a nuclear merchant ship

International Nuclear Information System (INIS)

Nicholson, R.L.R.; Llewelyn, G.I.W.; Farmer, A.A.

1976-01-01

The operation of nuclear merchant ships is likely to be attended by a number of constraints and requirements. Not all of these can be fully resolved until such ships come into use and the necessary experience and confidence have been acquired. But the timing of commercial introduction, if it comes about, will depend on the relative economics of nuclear versus fossil fuel propulsion, and the differences in turn depend in part on the operating costs particular to nuclear ships. A review of operation aspects is essential not only to commercial appraisal; each country whose trade may be carried in nuclear ships - whether it will build such ships or not - will have occasion to give some attention to the problems. It is an international problem and is, as noted later, being considered internationally. This paper; i) reviews some of the operational aspects as seen in the U.K.; ii) summarizes views received by the Nuclear Merchant Ship Unit (NMSU) from U.K. shipping, shipbuilding and nuclear industries on the prospects of a U.K. nuclear merchant ship. (author)

Technical and organizational innovation : a collaboration between private and public sector, the case of the Ariane® apple

OpenAIRE

Coleno, Francois-Christophe; Ould Ahmed, S.M.

2009-01-01

Innovations that allow the development of new product are often linked to collaboration between private companies and public research laboratories. This collaboration mostly involves big companies, which have the most important absorptive capacity. To increase this capacity Small and medium-sized enterprises (SME) can get closer to the public research by working in technological parks or by cooperating to establish joint ventures in R&D. This second solution is generally chosen by companies i...

The Profitability Analysis of PT. Garuda Indonesia (Persero) Tbk. Before and After Privatization

Science.gov (United States)

Nurasiah, I.; Anggara

2017-03-01

This study purposes to determine differences in the profitability of PT. Garuda Indonesia (Persero) Tbk. before and after privatization using Net Profit Margin (NPM), Return on Investmen (ROI) and Return on Equity (ROE). This research used a case study method with a qualitative approach. The data used are secondary data from official financial statements of PT. Garuda Indonesia (Persero) Tbk. periode 2008-2013, 3 years before privatization and 3 years after privatization. Data analysis was performed by reviewing the financial statement data, calculate & determine the value of profitability ratios before and after privatization, and determine the amount of the average difference before and after privatization. The result proved that the average ratio of profitability calculated by applying NPM, ROI and ROE in every year shows a decrease that caused imbalance components forming of NPM, ROI, ROE, where profit is getting down while the selling, total assets and equity increase more and more from the previous period. The implication for the next research is a research that focus on determine how long a company can emerged from the crisis by privatization decision.

Privatization of electricity distribution in the Northeast of Brazil. The good, the bad, the ugly or the naive?

Energy Technology Data Exchange (ETDEWEB)

Silvestre, Bruno; Hall, Jeremy; Matos, Stelvia [Faculty of Business Administration, Simon Fraser University, 8888 University Drive, Burnaby, BC (Canada); Figueira, Luiz Augusto [Centrais Eletricas Brasileiras - ELETROBRAS, Av. Presidente Vargas, 409, Centro, Rio de Janeiro, CEP: 20071-003 (Brazil)

2010-11-15

This paper analyzes the evolution of five electricity distribution companies in the Northeast of Brazil using technical and financial indicators. Three privatized and two public firms were analyzed between 1997 and 2008. The financial indicators are used as proxies for the capacity of the business to generate value for shareholders, while the technical indicators are used as proxies for service quality provided to consumers. We observed that the privatized firms had their financial indicators improved after privatization, increasing the value of the firm for the shareholders. However, there is no evidence that privatization affected the quality of service provided to consumers. (author)

Privatization of electricity distribution in the Northeast of Brazil: The good, the bad, the ugly or the naive?

Energy Technology Data Exchange (ETDEWEB)

Silvestre, Bruno, E-mail: bruno_silvestre@sfu.c [Faculty of Business Administration, Simon Fraser University, 8888 University Drive, Burnaby-BC, V5A 1S6 (Canada); Centrais Eletricas Brasileiras-ELETROBRAS, Av. Presidente Vargas, 409, Centro, Rio de Janeiro, CEP: 20071-003 (Brazil); Hall, Jeremy, E-mail: jkh5@sfu.c [Faculty of Business Administration, Simon Fraser University, 8888 University Drive, Burnaby-BC, V5A 1S6 (Canada); Matos, Stelvia, E-mail: smatos@sfu.c [Faculty of Business Administration, Simon Fraser University, 8888 University Drive, Burnaby-BC, V5A 1S6 (Canada); Figueira, Luiz Augusto, E-mail: augusto@eletrobras.com.b [Centrais Eletricas Brasileiras-ELETROBRAS, Av. Presidente Vargas, 409, Centro, Rio de Janeiro, CEP: 20071-003 (Brazil)

2010-11-15

This paper analyzes the evolution of five electricity distribution companies in the Northeast of Brazil using technical and financial indicators. Three privatized and two public firms were analyzed between 1997 and 2008. The financial indicators are used as proxies for the capacity of the business to generate value for shareholders, while the technical indicators are used as proxies for service quality provided to consumers. We observed that the privatized firms had their financial indicators improved after privatization, increasing the value of the firm for the shareholders. However, there is no evidence that privatization affected the quality of service provided to consumers.

Privatization of electricity distribution in the Northeast of Brazil: The good, the bad, the ugly or the naive?

International Nuclear Information System (INIS)

Silvestre, Bruno; Hall, Jeremy; Matos, Stelvia; Figueira, Luiz Augusto

2010-01-01

This paper analyzes the evolution of five electricity distribution companies in the Northeast of Brazil using technical and financial indicators. Three privatized and two public firms were analyzed between 1997 and 2008. The financial indicators are used as proxies for the capacity of the business to generate value for shareholders, while the technical indicators are used as proxies for service quality provided to consumers. We observed that the privatized firms had their financial indicators improved after privatization, increasing the value of the firm for the shareholders. However, there is no evidence that privatization affected the quality of service provided to consumers.

A game-theoretical model of private power production

International Nuclear Information System (INIS)

Xing, W.; Wu, F.F.

2001-01-01

Private power production has sprung up all over the world. The build-operate-transfer (BOT) arrangement has emerged as one of the most important options for private power production, especially in developing countries with rapidly growing demand and financial shortages. Based on oligopoly theory, the paper proposes a Stackelberg game model between a BOT investor and an electric utility whereby they can negotiate a long-term energy contract. Asymmetric pricing schemes are taken into account such that a host utility purchases electricity from a BOT company at its ''avoided cost'', and sells its electricity to end users at its ''average cost''. Our Stackelberg game model is transferred into a two-level optimization problem, and then solved by an iterative algorithm. The game model is demonstrated by an illustrative example. (author)

EFFECTS OF MERGERS AND ACQUISITIONS ON FINANCIAL PERFORMANCE OF THE TARGET COMPANY

Directory of Open Access Journals (Sweden)

ADRIANA DUŢESCU

2013-05-01

Full Text Available Many studies revealed the fact that mergers and acquisitions are a risky business. Disregarding the M&A advisers’ fees, evaluations show that most of the companies completing M&A transactions disappoint to deliver on promised financial performance. But, as many would say, it is an investment and the highest risks produce the highest results - whether they're good or bad. Within this paper, we were intending to analyse the rate of success of relevant M&A transactions that took place in 2007 in Romania, by comparing the financial statements of the target companies before and after the acquisition, in the current economic context. The main objective of this study is to generally determine the successfulness of the M&A transactions, starting from assessing changes induced by the M&A transaction to the target company, with the help of three important financial ratios: profit margin, ROE and receivable collection period. Even though the study may present some bias, we have tried to be as objective as possible and not influence its outcome: that 80% of 10 most important private Mergers and Acquisitions taking place in Romania in 2007 and that meet several conditions: o The target is part of the consumer goods and services market (mainly trade and tourism and is an important player in its industry o The target is a Romanian private company, and its shares are not listed on the stock exchange o The acquirer is majority shareholder after the transaction The target company remained as a sole entity and was not integrated into the mother company after the transaction were not successful.

Differences in the use of outsourcing in public and private institutions providing medical services.

Science.gov (United States)

Czerw, Aleksandra I; Kowalska, Mariola; Religioni, Urszula

2014-06-29

The costs of health care in Poland are continuously increasing. Thus, almost every institution providing medical services aims at their limitation. One of the costs rationalisation methods in the health care sector is outsourcing. The study was conducted in 153 randomly selected institutions providing medical activities. The tool was a questionnaire, available via a web browser. Over 30% of public institutions identified the need for financial savings, as the main reason for outsourcing the cleaning function. Among private institutions, the dominant reason for this is too high maintenance cost of the cleaning staff (less than 40% of responses). The huge number of medical institutions use the services of an external company for laundering. Over 30% of public institutions identified as the most common reason for separation of functions laundering lack of resources to upgrade and modernize facilities. Less than 27% of public institutions indicate too high costs of kitchen staff as the main reason for ordering function of feeding. Another reason is the need for financial savings (22% response rate). Some institutions indicate a desire to focus on key areas (20% of responses) and lack of financial resources to upgrade and modernize the kitchen (20% response rate). Public and private institutions exercise control over the quality and method performed by an external service (71% of public institutions and 59% of private institutions). Private institutions often informally exercise external control (difference confirmed - Fisher's exact test). Less than 90% of public institutions indicated satisfaction with the services provided by external companies. The adaptation of outsourcing in medical facilities leads to financial efficiency improvement. Through the separation of some medical functions and entrusting their realisation to external companies, medical institutions can focus on their basic activity that is the provision of health services.

Effect of Job Satisfaction and Motivation towards Employee's Performance in XYZ Shipping Company

Science.gov (United States)

Octaviannand, Ramona; Pandjaitan, Nurmala K.; Kuswanto, Sadikin

2017-01-01

In the digital and globalization era which are demanding for tech progress. Human resources need to work more closely and concentration. Small errors can lead to fatal errors that result in high costs for the company. The loss of motivation at work influences employee satisfaction and have a negative impact on employee performance. Research was…

United States Nuclear Rocket Company (USNRC)

Science.gov (United States)

Hardin, L. A.

2014-01-01

Historically, the development of advanced space technology has been accomplished by the federal government providing funding to commercial companies through the standard contracting process. Although recently, commercial space ventures, such as Space X, have begun to develop enhanced commercial space launch capabilities, and many companies provide space related services - including satellite development and operations, advanced technology development still requires (and should require) participation by the federal agency assigned this role - the National Aeronautics and Space Administration (NASA). However, this standard funding model may not be the most efficient and stable means of developing the advanced technology systems. And while the federal government does not need to be involved in areas where private industry can reasonably operate, it should remain the leader in supporting the development of new and advanced space technologies to further increase our national capability. And as these technologies mature, then private industry can begin the commercialization process, freeing up resources and funds for NASA to develop the next generations of advanced space technology. In fact, simply examining the last decades of space technology development shows that there is room for improvement. Part of the problem is that there are realistically two space frontiers. There is the commercialization frontier (the realm of Space X and others) and the exploratory frontier (the realm of NASA.). Often technologies that can support the exploratory frontier can also immediately support the commercialization frontier. Yet, these technologies are still developed under the standard model of federal funding and contracting. Is that really the best way to proceed? In this paper, the argument is put forward that a new process is required, a new paradigm. A consortium of federal agencies as well as commercial companies is needed - in a collaborative rather than a contractual

Reaffirmation of additional (supplementary payments in company law of Republic of Serbia

Directory of Open Access Journals (Sweden)

Šogorov Stevan

2012-01-01

Full Text Available Subject matter of this article is development of legal regulation if additional payments in Serbia, from 1937 Commercial Code of Kingdom of Yugoslavia till nowadays. In introductory part author underlines legal nature, commercial function and importance of additional payments in private companies, with downfalls in regulation, court and busyness practice. 1988 Enterprise Act and 2004 Company Act has no regulations at all regarding additional payments. 1996 Enterprise Act and 2011 Company Act have provisions on additional payments, but with numerous weaknesses and open questions. Though critical analyses author underlines basic characteristics of additional payments included critical issues which may be expected during application of new legislature.

France and the Gulf of Tonkin Region: Shipping Markets and Political Interventions in South China in the 1890s

Directory of Open Access Journals (Sweden)

Bert Becker

2015-09-01

Full Text Available In the period of “new” imperialism in the late nineteenth and early twentieth centuries, France strived to create a sphere of influence in southwest China. To foster such imperialist policies, France’s policy makers regarded French companies operating in East Asia as instrumental. One such firm was Auguste Raphael Marty’s Tonkin Shipping Company, based in Haiphong, French Indochina, which operated steam coasters across the wider Gulf of Tonkin region. In the region’s highly competitive shipping market, Marty strived to achieve a monopoly when favorable conditions permitted during the final phase of the Sino-Japanese War. His profit-driven strategy caused huge losses for Chinese shippers and ultimately resulted in their boycotting his ships through the Tsap Yet syndicate. When French officials intervened on Marty’s behalf in negotiations with the Chinese government, the Syndicate was finally dissolved. It was followed by an agreement between the Chinese firm of Yuen Cheong Lee and Co. and the German firm of Jebsen and Co., based on long-established mutual trust between the owners. Although Marty received monetary compensation for his losses, he ruined his relationship with Chinese merchants. This case study presents little-known facts about the interactions among foreign firms in China and demonstrates the Chinese ability to react efficiently to unfair business practices.

Shipping Information Pipeline

DEFF Research Database (Denmark)

Jensen, Thomas; Vatrapu, Ravi

2015-01-01

and national borders within international shipping which is a rather complex domain. The intellectual objective is to generate and evaluate the efficacy and effectiveness of design principles for inter-organizational information infrastructures in the international shipping domain that can have positive...

The state-owned company: “State failure” or “market failure”?1

Directory of Open Access Journals (Sweden)

Alexander Radygin

2015-03-01

Full Text Available This article will analyze the activity of state-owned companies and their place in the structure of market relations from the standpoint of contemporary approaches to the study of “state failure” and “market failure”. It will also consider the implications of the systematic embedding of private property rights. In addition to considering the costs of the functions of state-owned companies, the authors address the actual experience of the Russian economy in the present day, the experience of forming state corporations and the risks associated with their operation. Particular attention will be paid to the inhibition of incentives to improve the general institutional environment and, conversely, to the increasing incidence of direct state intervention in matters that affect economic development. We will examine the various ways in which the growth of the public sector, de jure and de facto, reduces opportunities for implementing private property rights.

THE SUCCESS OF COMPANIES OPERATING IN THE AREA OF TAX HAVENS

Directory of Open Access Journals (Sweden)

ENEA CONSTANTIN

2015-12-01

Full Text Available What is an offshore company? It is a company operating outside the country in which it was established. What is a tax haven? It is a country or jurisdiction where companies have tax advantages usually zero tax. (eg Andorra, British Virgin Islands, Panama, Liechtenstein, Cayman Islands, Seychelles, Cyprus, Malta, etc. How do I open an offshore bank account? Opening an account is a particular problem, which is mostly open once the offshore company is established. Paradise is characterized by the absence levies tax as tax on the income of individuals or legal entities, in respect of succession duties, and of course as tax on capital. Consequently, these areas generally did not sign tax agreement designed to avoid double taxation, having nothing to negotiate in this direction; the several agreements signed disclaim reception facilities made available to foreign investors. Foreign source income will generally support the tax levy the maximum light source of local law provisions. The rule that a very low tax burden, or even an absence of tax levy, generates tax havens should be relaxed. In this paper we decided to present three main areas of interest are the old tax havens: banking and insurance companies, shipping companies and investment and development activities.

Water Depth and acoustic backscatter data collected from NOAA Ship Nancy Foster in the US Caribbean/ Puerto Rico and St. Thomas from 2016-04-07 to 2016-04-26 (NCEI Accession 0157612)

Data.gov (United States)

National Oceanic and Atmospheric Administration, Department of Commerce — NOAA's NOS/NCCOS/CCMA Biogeography Team, in collaboration with NOAA Ship Nancy Foster, federal, academic, and private sector partners conducted the 2016 Seafloor...

Analysis of debt leveraging in private power projects

International Nuclear Information System (INIS)

Kahn, E.P.; Meal, M.; Doerrer, S.; Morse, S.

1992-08-01

As private power (non-utility generation) has grown to become a significant part of the electricity system, increasing concern about its financial implications has arisen. In many cases, the source of this concern has been the substantial reliance of these projects on debt financing. This study examines debt leveraging in private power projects. The policy debate on these issues has typically been conducted at a high level of generality. Critics of the private power industry assert that high debt leveraging confers an unfair competitive advantage by lowering the cost of capital, and that this leveraging is only possible because risks are shifted to the utility. Further, debt leveraging is claimed to be a threat to reliability. On the opposite side, it is argued that debt leveraging imposes costs and obligations not home by utilities, and so there is no financial advantage. The private producers also argue that on balance more risk is shifted away from utilities than to them, and that incentives for reliability are strong. In this study we examine the project finance mechanisms used in private power lending in detail, relying on a sample of actual loan documents. This review and its findings should be relevant to the further evolution of this debate. State regulatory commissions are likely to be interested in it, and Federal legislation to amend the Public Utility Holding Company Act (PUHCA) could require states to consider the implications of debt leveraging in relation to their oversight of utility power purchase programs

Analysis of debt leveraging in private power projects

Energy Technology Data Exchange (ETDEWEB)

Kahn, E.P. (Lawrence Berkeley Lab., CA (United States)); Meal, M.; Doerrer, S.; Morse, S. (Morse, Richard, Weisenmiller Associates, Inc., Oakland, CA (United States))

1992-08-01

As private power has grown to become a significant part of the electricity system, increasing concern about its financial implications has arisen. In many cases, the source of this concern has been the substantial reliance of these projects on debt financing. This study examines debt leveraging in private power projects. The policy debate on these issues has typically been conducted at a high level of generality. Critics of the private power industry assert that high debt leveraging confers an unfair competitive advantage by lowering the cost of capital. This leveraging is only possible because risks are shifted to the utility. Further, debt leveraging is claimed to be a threat to reliability. On the opposite side, it is argued that debt leveraging imposes costs and obligations not borne by utilities, and so there is no financial advantage. The private producers also argue that on balance more risk is shifted away from utilities than to them, and that incentives for reliability are strong. In this study we examine the project finance mechanisms used in private power lending in detail, relying on a sample of actual loan documents. This review and its findings should be relevant to the further evolution of this debate. State regulatory commissions are likely to be interested in it, and Federal legislation to amend the Public Utility Holding Company Act (PUHCA) could require states to consider the implications of debt leveraging in relation to their oversight of utility power purchase programs.

Navy Hospital ships in history

Directory of Open Access Journals (Sweden)

Sougat Ray

2017-01-01

Full Text Available Hospital ships are operated by the Naval forces in or near war zones to provide medical assistance to the wounded personnel of all nationalities and not be used for any military purpose. Hospital ships possibly existed in ancient times and the Athenian Navy had a ship named Therapia. However, it was only during the 17th century that it became a common practice for the naval squadrons to be accompanied by large ships with the facilities of carrying the wounded after each engagement. In 1860, the steamships HMS Melbourne and HMS Mauritius were equipped with genuine medical facilities. They were manned by the Medical Staff Corps and provided services to the British expedition to China. During the World War I and World War II, passenger ships were converted for use as hospital ships and were started to be used on a massive scale. RMS Aquitania and HMHS Britannic were two famous examples of hospital ships used extensively. Modern US hospital ships USNS Mercy and USNS Comfort are operated by Military Sealift Command of the US Navy. Their primary mission is to provide emergency on-site care for US combatant forces deployed in war or other operations.

Modeling the Effect of Privatization on Behavior of Hurst Exponent Using Stochastic Catastrophe Theory

Science.gov (United States)

Bolgorian, Meysam; Raei, Reza

In this paper using the global Hurst exponent, the impact of privatization of public companies in Iran on the degree of efficiency in Tehran Stock Exchange is assessed. The results show that selling public companies' share in Tehran Stock Exchange (TSE) leads to a structural break in degree of market development. To model this phenomenon a catastrophe approach is used and it is demonstrated that this structural break can be better explained by a cusp catastrophe model.

A Literature Review of Foreign Ownership and Company Performance

Directory of Open Access Journals (Sweden)

Iuliana Oana MIHAI

2014-11-01

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

Cooperation Agreements in Biotechnology Companies: An Advantage for the Acquisition of New Capabilities and Growth?

Directory of Open Access Journals (Sweden)

Tomás Gabriel Bas

2006-08-01

Full Text Available Cooperation agreements in biotechnology allow us to observe the complexity surrounding alliances. The market globalization, the exorbitant costs of R&D and the rapid changes in technology, are arguably amongst the principal reasons that push companies to establish cooperation agreements. Biotechnology companies use this instrument to develop external features in the search for resources and missing expertise. This paper sets out to identify if such cooperation agreements in biotechnology companies are an advantage in themselves, sufficient for the acquisition of new capabilities and if they help the growth of these companies. For this approach, a private database of companies in the two most advanced countries in this sector: United States and United Kingdom, will be used.

Civilian nuclear ships

International Nuclear Information System (INIS)

Oelgaard, P.L.

1993-03-01

This report contains a review of the information available on nuclear powered ships, built for civilian purposes. In the introduction a short discussion is given of the reasons for the limited use of nuclear ships for these purposes. In the second section a brief review is presented of data for the three experimental/merchant ships build by the United States, Germany and Japan, i.e. NS Savannah, NS Otto Hahn and NS Mutsu. In the third section the Soviet/Russian icebreaker NS Lenin is considered. Its design, operational experience and the introduction of a new nuclear propulsion plant is reviewed. In the fourth section the newer Soviet/Russian icebreakers with nuclear propulsion are considered. Finally design of the Soviet/Russian icebreaker transport/container ship NS Sevmorput is reviewed in the fifth section. The future Russian plans for nuclear vessels for the arctic waters are briefly discussed. (au)

Marketing Education in Turkey: A Comparative Study between State and Private Universities

Science.gov (United States)

Eser, Zeliha; Birkan, Ibrahim

2004-01-01

Marketing education in business schools gained importance over the past decade because of sharp economic development and globalization practices of the international companies in Turkey. In this paper, we examine the students' perceptions about the quality of marketing education in state and private universities. Sampling from five state and five…

Balancing the benefits and risks of public-private partnerships to address the global double burden of malnutrition.

Science.gov (United States)

Kraak, Vivica I; Harrigan, Paige B; Lawrence, Mark; Harrison, Paul J; Jackson, Michaela A; Swinburn, Boyd

2012-03-01

Transnational food, beverage and restaurant companies, and their corporate foundations, may be potential collaborators to help address complex public health nutrition challenges. While UN system guidelines are available for private-sector engagement, non-governmental organizations (NGO) have limited guidelines to navigate diverse opportunities and challenges presented by partnering with these companies through public-private partnerships (PPP) to address the global double burden of malnutrition. We conducted a search of electronic databases, UN system websites and grey literature to identify resources about partnerships used to address the global double burden of malnutrition. A narrative summary provides a synthesis of the interdisciplinary literature identified. We describe partnership opportunities, benefits and challenges; and tools and approaches to help NGO engage with the private sector to address global public health nutrition challenges. PPP benefits include: raising the visibility of nutrition and health on policy agendas; mobilizing funds and advocating for research; strengthening food-system processes and delivery systems; facilitating technology transfer; and expanding access to medications, vaccines, healthy food and beverage products, and nutrition assistance during humanitarian crises. PPP challenges include: balancing private commercial interests with public health interests; managing conflicts of interest; ensuring that co-branded activities support healthy products and healthy eating environments; complying with ethical codes of conduct; assessing partnership compatibility; and evaluating partnership outcomes. NGO should adopt a systematic and transparent approach using available tools and processes to maximize benefits and minimize risks of partnering with transnational food, beverage and restaurant companies to effectively target the global double burden of malnutrition.

The Private Business During the New Economic Policy (on the Materials of the Volga Region

Directory of Open Access Journals (Sweden)

Sergey V. Vinogradov

2017-10-01

Full Text Available he development of the private business had the regional features in the Volga region during the new economic policy. The originality of the study lies in the fact that it is conducted on the example of a large Russian region – the Volga region. The work is based on the documents of the regional archives of the Volga towns and on the materials of the local press. In the 1920s the private business was an integral part of the Russian multistructural economy, formed under the influence of natural and historical factors of its development. The attempt of the Bolsheviks to failure of the multistructure in economic during the policy of “military communism”; the prohibition of freedom in the trade and in business; the introduction of the surplus appropriation system – all these became the reasons of the political and economic crisis of the end of 1920s. At this time a considerable mass of peasants and working people revolted. The return to multistructural economy became important achievement of the new economic policy, which contributed to restoration of the destroyed economy. The private business has developed significantly in the trade, grain procurement and the fishing industry in the Volga region. In these spheres of economic activity was a competitive struggle between state, cooperative and private companies. The state had to strengthen organizations working in these spheres, responding to the economic challenge from private capital in trade, grain companies and the fishing industry. A special interest was placed on the revival of cooperation. State and cooperative companies were strengthened by experienced personnel, supplied with scarce goods. They were granted loans on preferential terms. The result of the competition was a rapid recovery of these sectors of the economy, significantly outpacing the overall development of the regional economy. In winning from the competition were also ordinary citizens – consumers who could receive

International Standardization in the Design of "Shore to Ship" - Power Supply Systems of Ships in Port

Science.gov (United States)

Tarnapowicz, Dariusz; German-Galkin, Sergiej

2018-03-01

The decisive source of air pollution emissions in ports is the berthed ships. This is primarily caused by the work of ship's autonomous generator sets. One way of reducing the air pollution emissions in ports is the supply of ships from electricity inland system. The main problem connected with the power connection of ships to the inland network is caused by different values of levels and frequencies of voltages in these networks (in various countries) in relation to different values of levels and frequencies of voltages present in the ship's network. It is also important that the source power can range from a few hundred kW up to several MW. In order to realize a universal „Shore to Ship" system that allows the connection of ships to the electricity inland network, the international standardization is necessary. This article presents the current recommendations, standards and regulations for the design of „Shore to Ship" systems.

Thermo-hydraulic characteristics of ship propulsion reactor in the conditions of ship motions and safety assessment

International Nuclear Information System (INIS)

Kobayashi, Michiyuki; Murata, Hiroyuki; Sawada, Kenichi; Inasaka, Fujio; Aya, Izuo; Shiozaki, Koki

1999-01-01

By inputting the experimental data, information and others on thermo-hydraulic characteristics of integrated ship propulsion reactor accumulated hitherto by the Ship Research Institute and some recent cooperation results into the nuclear ship engineering simulation system, it was conducted not only to contribute an improvement study on next ship reactor by executing general analysis and evaluation on motion characteristics under ship body motion conditions, safety at accidents, and others of the integrated ship reactor but also to investigate and prepare some measures to apply fundamental experiment results based on obtained here information to safety countermeasure of the nuclear ships. In 1997 fiscal year, on safety of the integrated ship propulsion reactor loading nuclear ship, by adding experimental data on unstable flow analysis and information on all around of the analysis to general data base fundamental program, development to intellectual data base program was intended; on effect of pulsation flow on thermo-hydraulic characteristics of ship propulsion reactor; after pulsation flow visualization experiment, experimental equipment was reconstructed into heat transfer type to conduct numerical analysis of pulsation flow by confirming validity of numerical analysis code under comparison with the visualization experiment results; and on thermo-hydraulic behavior in storage container at accident of active safety type ship propulsion reactor; a flashing vibration test using new apparatus finished on its higher pressurization at last fiscal year to examine effects of each parameter such as radius and length of exhausting nozzle and pool water temperature. (G.K.)

Environmental cleanup privatization, products and services directory, January 1997. Second edition

International Nuclear Information System (INIS)

1997-01-01

The US Department of Energy has undertaken an ambitious ''Ten Year Plan'' for the Weapons Complex, an initiative to complete cleanup at most nuclear sites within a decade. This Second Edition of the Directory is designed to facilitate privatization which is key to the success of the Plan. The Directory is patterned after the telephone Yellow Pages. Like the Yellow Pages, it provides the user with points of contact for inquiring further into the capabilities of the listed companies. This edition retains the original format of three major sections under the broad headings: Treatment, Characterization, and Extraction/Deliver/Materials Handling. Within each section, companies are listed alphabetically. Also, ''company name'' and ''process type'' indices are provided at the beginning of each section to allow the user quick access to listings of particular interest

Environmental cleanup privatization, products and services directory, January 1997. Second edition

Energy Technology Data Exchange (ETDEWEB)

NONE

1997-01-01

The US Department of Energy has undertaken an ambitious ``Ten Year Plan`` for the Weapons Complex, an initiative to complete cleanup at most nuclear sites within a decade. This Second Edition of the Directory is designed to facilitate privatization which is key to the success of the Plan. The Directory is patterned after the telephone Yellow Pages. Like the Yellow Pages, it provides the user with points of contact for inquiring further into the capabilities of the listed companies. This edition retains the original format of three major sections under the broad headings: Treatment, Characterization, and Extraction/Deliver/Materials Handling. Within each section, companies are listed alphabetically. Also, ``company name`` and ``process type`` indices are provided at the beginning of each section to allow the user quick access to listings of particular interest.

75 FR 3466 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Science.gov (United States)

2010-01-21

... ownership of, control of, or the power to vote shares of a bank or bank holding company and all of the banks... acitivites to businesses and individuals, pursuant to section 225.28(b)(6) and in private placement of debt...

Growth strategy for an emerging biopharmaceutcal company

OpenAIRE

Winsborrow, Beatrice Gay

2006-01-01

Inimex Pharmaceuticals, Inc. is a privately held biopharmaceutical company dedicated to the discovery, development and commercialization of new human medicines based on the selective modulation of the innate immune response. Since Inimex’s background is in human drug development, no formal animal health activities have been a part of Inimex operations. This initial analysis shows that Inimex has opportunity in the animal health market. Inimex is in a good place to evaluate a potential re...

1C.10: METABOLIC SYNDROME IN A POPULATION OF EMPLOYEES WORKING FOR COMPANIES IN MEXICO.

Science.gov (United States)

Perez-Cuadra, A; Limon, F; Rozycka, M; Marques, J; Delgado, J; Meaney, E; Guerra, M

2015-06-01

In Mexico, cardiovascular diseases represent the second cause of death, after Diabetes. This is the first trial to describe the metabolic syndrome in a population of Mexican urban employees, working for private companies.To analyze the presence of metabolic syndrome in Mexican employees working for private companies. Study of a consecutive series of evaluated cases between 2010 and 2014. Each participant was subject to the following: comprehensive physical examination, blood pressure, heart rate, height, weight, body mass index, waist/hip index, body fat index, abdominal girth, and lab profile, including lipid profile and glycemia. Publication criteria on harmonization for metabolic syndrome were considered: 3 of the following 5 criteria: presence of central obesity (abdominal girth > 90 cm for men and > 80 cm for women),TA 130/85, Triglycerides > 150 mg%, Glycemia > 100 mg% and HDL metabolic syndrome prevalence by gender, Table 2 presents data by age and gender.(Figure is included in full-text article.) : The population of Mexican employees working for private companies analyzed presents a high prevalence of metabolic syndrome, that increases with age, placing it at a high risk for cardiovascular disease. Men present a higher metabolic syndrome prevalence (p < 0.0001) compared to women analyzed in the group under 65 years. From 65 years and on, both groups present a high prevalence.

The Human Element and Autonomous Ships

Directory of Open Access Journals (Sweden)

Sauli Ahvenjärvi

2016-09-01

Full Text Available The autonomous ship technology has become a “hot” topic in the discussion about more efficient, environmentally friendly and safer sea transportation solutions. The time is becoming mature for the introduction of commercially sensible solutions for unmanned and fully autonomous cargo and passenger ships. Safety will be the most interesting and important aspect in this development. The utilization of the autonomous ship technology will have many effects on the safety, both positive and negative. It has been announced that the goal is to make the safety of an unmanned ship better that the safety of a manned ship. However, it must be understood that the human element will still be present when fully unmanned ships are being used. The shore-based control of a ship contains new safety aspects and an interesting question will be the interaction of manned and unmanned ships in the same traffic area. The autonomous ship technology should therefore be taken into account on the training of seafarers. Also it should not be forgotten that every single control algorithm and rule of the internal decision making logic of the autonomously navigating ship has been designed and coded by a human software engineer. Thus the human element is present also in this point of the lifetime navigation system of the autonomous ship.

Review of private sector treatment, storage, and disposal capacity for radioactive waste. Revision 1

International Nuclear Information System (INIS)

Smith, M.; Harris, J.G.; Moore-Mayne, S.; Mayes, R.; Naretto, C.

1995-01-01

This report is an update of a report that summarized the current and near-term commercial and disposal of radioactive and mixed waste. This report was capacity for the treatment, storage, dating and written for the Idaho National Engineering Laboratory (INEL) with the objective of updating and expanding the report entitled ''Review of Private Sector Treatment, Storage, and Disposal Capacity for Radioactive Waste'', (INEL-95/0020, January 1995). The capacity to process radioactively-contaminated protective clothing and/or respirators was added to the list of private sector capabilities to be assessed. Of the 20 companies surveyed in the previous report, 14 responded to the request for additional information, five did not respond, and one asked to be deleted from the survey. One additional company was identified as being capable of performing LLMW treatability studies and six were identified as providers of laundering services for radioactively-contaminated protective clothing and/or respirators

Review of private sector treatment, storage, and disposal capacity for radioactive waste. Revision 1

Energy Technology Data Exchange (ETDEWEB)

Smith, M.; Harris, J.G.; Moore-Mayne, S.; Mayes, R.; Naretto, C.

1995-04-14

This report is an update of a report that summarized the current and near-term commercial and disposal of radioactive and mixed waste. This report was capacity for the treatment, storage, dating and written for the Idaho National Engineering Laboratory (INEL) with the objective of updating and expanding the report entitled ``Review of Private Sector Treatment, Storage, and Disposal Capacity for Radioactive Waste``, (INEL-95/0020, January 1995). The capacity to process radioactively-contaminated protective clothing and/or respirators was added to the list of private sector capabilities to be assessed. Of the 20 companies surveyed in the previous report, 14 responded to the request for additional information, five did not respond, and one asked to be deleted from the survey. One additional company was identified as being capable of performing LLMW treatability studies and six were identified as providers of laundering services for radioactively-contaminated protective clothing and/or respirators.

A game-theoretical model of private power production

Energy Technology Data Exchange (ETDEWEB)

Xing, W.; Wu, F.F. [University of Hong Kong (China). Dept. of Electrical and Electronic Engineering

2001-03-01

Private power production has sprung up all over the world. The build-operate-transfer (BOT) arrangement has emerged as one of the most important options for private power production, especially in developing countries with rapidly growing demand and financial shortages. Based on oligopoly theory, the paper proposes a Stackelberg game model between a BOT investor and an electric utility whereby they can negotiate a long-term energy contract. Asymmetric pricing schemes are taken into account such that a host utility purchases electricity from a BOT company at its ''avoided cost'', and sells its electricity to end users at its ''average cost''. Our Stackelberg game model is transferred into a two-level optimization problem, and then solved by an iterative algorithm. The game model is demonstrated by an illustrative example. (author)

Innovative private micro-hydro power development in Rwanda

Energy Technology Data Exchange (ETDEWEB)

Pigaht, Maurice; Van der Plas, Robert J. [MARGE-Netherlands, Brem 68, 7577 EW Oldenzaal (Netherlands)

2009-11-15

Under the 'Private Sector Participation in Micro-Hydro Development Project in Rwanda', four newly registered Rwandan companies are each constructing a micro-hydro electricity plant (100-500 kW) and building a low-voltage distribution grid. These companies financed their plants through their own equity and debt with support from the PSP Hydro project. This support comprised a subsidy of 30-50% of investment costs, technical and business development assistance, project monitoring and financial controlling. The experiences gained so far have important implications for similar future micro-hydro energy sector development projects and this paper puts forward three key messages: (1) institutional arrangements rather than technical quality determine the success of such projects; (2) truly sustainable rural electrification through micro-hydro development demands a high level of local participation at all levels and throughout all project phases, not just after plant commissioning; and (3) real impact and sustainability can be obtained through close collaboration of local private and financial sector firms requiring only limited external funds. In short, micro-hydro projects can and will be taken up by local investors as a business if the conditions are right. Applying these messages could result in an accelerated uptake of viable micro-hydro activities in Rwanda, and in the opinion of the authors elsewhere too. (author)

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.

ANALYSIS AND PERSPECTIVES OF PRIVATE POSTAL AND COURIER SERVICES IN ROMANIA DURING 2009-2015

Directory of Open Access Journals (Sweden)

Silviu Dorin GEORGESCU

2013-11-01

Full Text Available Services occupy an important role in a country’s economic development. At present, services sector is under a continuous change and diversification, for this reason theoretical and practical approaches are both difficult and controversial. Services have complex forms of manifestation, being involved in all compartments of economic and social life; have a heterogeneous character (Criveanu, 2009, p.13. The evaluation and measurement of postal services sector through some indicators, such as: the population occupied in this sector and its change in time; internal and international traffic of mail; degree of employees’ burden. The development of postal and courier sector during the period preceding 2009 was influenced by external factors such as the growth of the GDP, the development of niche segments, the ascending trend being a normal consequence of the evolution of the entire national economy. Although the field of postal services has felt the evolution of national economy and the effects of the economic crisis, the strategies adopted by private companies in this sector have demonstrated the necessity of knowing the market, its evolutions and perspectives. The present paper aims at analyzing the evolution of postal and courier services in Romania during 2009-2012, a period marked by the profound economic crisis which affected Romania and the European Union, as well as the perspectives regarding the number of employees in this sector within private companies in Romania during 2013-2015 using statistical methods to forecast the employed population in private companies in this sector.

On impact mechanics in ship collisions

DEFF Research Database (Denmark)

Pedersen, Preben Terndrup; Zhang, Shengming

1998-01-01

The purpose of this paper is to present analytical, closed-form expressions for the energy released for crushing and the impact impulse during ship collisions. Ship–ship collisions, ship collisions with rigid walls and ship collisions with flexible offshore structures are considered. The derived ...

Mapping of Danish Law Related to Companies' Impact on Environment and Climate Change

DEFF Research Database (Denmark)

Buhmann, Karin; Østergaard, Kim; Feldthusen, Rasmus Kristian

for Danish law related to environment and climate change and CSR in a general sense, sources of law and jurisdiction specific issues, types of companies, shareholding structure etc. (section 1); the purpose of the company, duties and competence of the company organs, and corporate governance issues (section......This overview of Danish law related to companies’ conduct and impact on environment and climate change has been undertaken under the ‘Sustainable Companies’ project hosted at the Department of Private Law at the University of Oslo. The ‘mapping’ of national law – including in particular company law....... Environmental law has been seen under the project as essentially related to climate change. Some other issues related to sustainable development and company conduct have been addressed as well, in particular in relation to Corporate Social Responsibility (CSR). In the current paper, this particularly applies...

Advanced Demonstration of Motion Correction for Ship-to-Ship Passive Inspections

Energy Technology Data Exchange (ETDEWEB)

Ziock, Klaus-Peter [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Boehnen, Chris Bensing [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Ernst, Joseph [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States)

2013-09-30

Passive radiation detection is a key tool for detecting illicit nuclear materials. In maritime applications it is most effective against small vessels where attenuation is of less concern. Passive imaging provides: discrimination between localized (threat) and distributed (non-threat) sources, removal of background fluctuations due to nearby shorelines and structures, source localization to an individual craft in crowded waters, and background subtracted spectra. Unfortunately, imaging methods cannot be easily applied in ship-to-ship inspections because relative motion of the vessels blurs the results over many pixels, significantly reducing sensitivity. This is particularly true for the smaller water craft where passive inspections are most valuable. In this project we performed tests and improved the performance of an instrument (developed earlier under, “Motion Correction for Ship-to-Ship Passive Inspections”) that uses automated tracking of a target vessel in visible-light images to generate a 3D radiation map of the target vessel from data obtained using a gamma-ray imager.

An assessment of simplified methods to determine damage from ship-to-ship collisions

International Nuclear Information System (INIS)

Parks, M.B.; Ammerman, D.J.

1996-01-01

Sandia National Laboratories (SNL) is studying the safety of shipping, radioactive materials (RAM) by sea, the SeaRAM project (McConnell, et al. 1995), which is sponsored by the US Department of Energy (DOE). The project is concerned with the potential effects of ship collisions and fires on onboard RAM packages. Existing methodologies are being assessed to determine their adequacy to predict the effect of ship collisions and fires on RAM packages and to estimate whether or not a given accident might lead to a release of radioactivity. The eventual goal is to develop a set of validated methods, which have been checked by comparison with test data and/or detailed finite element analyses, for predicting the consequences of ship collisions and fires. These methods could then be used to provide input for overall risk assessments of RAM sea transport. The emphasis of this paper is on methods for predicting- effects of ship collisions

Private initiatives and policy options: recent health system experience in India.

Science.gov (United States)

Purohit, B C

2001-03-01

In the recent past the impact of structural adjustment in the Indian health care sector has been felt in the reduction in central grants to States for public health and disease control programmes. This falling share of central grants has had a more pronounced impact on the poorer states, which have found it more difficult to raise local resources to compensate for this loss of revenue. With the continued pace of reforms, the likelihood of increasing State expenditure on the health care sector is limited in the future. As a result, a number of notable trends are appearing in the Indian health care sector. These include an increasing investment by non-resident Indians (NRIs) in the hospital industry, leading to a spurt in corporatization in the States of their original domicile and an increasing participation by multinational companies in diagnostics aiming to capture the potential of the Indian health insurance market. The policy responses to these private initiatives are reflected in measures comprising strategies to attract private sector participation and management inputs into primary health care centres (PHCs), privatization or semi-privatization of public health facilities such as non-clinical services in public hospitals, innovating ways to finance public health facilities through non-budgetary measures, and tax incentives by the State governments to encourage private sector investment in the health sector. Bearing in mind the vital importance of such market forces and policy responses in shaping the future health care scenario in India, this paper examines in detail both of these aspects and their implications for the Indian health care sector. The analysis indicates that despite the promising newly emerging atmosphere, there are limits to market forces; appropriate refinement in the role of government should be attempted to avoid undesirable consequences of rising costs, increasing inequity and consumer exploitation. This may require opening the health

A West Valley Demonstration Project Milestone - Achieving Certification to Ship Waste to the Nevada Test Site

International Nuclear Information System (INIS)

Jackson, J. P.; Pastor, R. S.

2002-01-01

The West Valley Demonstration Project (WVDP) has successfully pretreated and vitrified nearly all of the 600,000 gallons of liquid high-level radioactive waste that was generated at the site of the only commercial nuclear fuel reprocessing plant to have operated in the United States. Low-level waste (LLW) generated during the course of the cleanup effort now requires disposal. Currently the WVDP only ships Class A LLW for off-site disposal. It has been shipping Class A wastes to Envirocare of Utah, Inc. since 1997. However, the WVDP may also have a future need to ship Class B and Class C waste, which Envirocare is not currently authorized to accept. The Nevada Test Site (NTS), a U.S. Department of Energy (DOE) facility, can accept all three waste classifications. The WVDP set a goal to receive certification to begin shipping Class A wastes to NTS by 2001. Formal certification/approval was granted by the DOE Nevada Operations Office on July 12, 2001. This paper discusses how the WVDP contractor, West Valley Nuclear Services Company (WVNSCO), completed the activities required to achieve NTS certification in 2001 to ship waste to its facility. The information and lessons learned provided are significant because the WVDP is the only new generator receiving certification based on an NTS audit in January 2001 that resulted in no findings and only two observations--a rating that is unparalleled in the DOE Complex

Introducing Partnering in Denmark – Lessons Learned Applying Public Private Partnerships as an Innovation Platform

DEFF Research Database (Denmark)

Bonke, Sten; Olsen, Ib Steen

as sustainability and economic welfare and prosperity in society. One approach to increasing the focus and rate of innovation processes is to facilitate closer interaction between at public and private companies targeting new thinking and innovation. This strategy characterises a Plan of Action, published...... work and 4)dissemination and implementation. Lessons learned through the experimental cases are discussed, and the applicability of PPP as an approach to innovation in construction is evaluated. Keywords: public private partnership, partnering, experimental projects, innovation process...

Accidents in nuclear ships

Energy Technology Data Exchange (ETDEWEB)

Oelgaard, P L [Risoe National Lab., Roskilde (Denmark); [Technical Univ. of Denmark, Lyngby (Denmark)

1996-12-01

This report starts with a discussion of the types of nuclear vessels accidents, in particular accidents which involve the nuclear propulsion systems. Next available information on 61 reported nuclear ship events in considered. Of these 6 deals with U.S. ships, 54 with USSR ships and 1 with a French ship. The ships are in almost all cases nuclear submarines. Only events that involve the sinking of vessels, the nuclear propulsion plants, radiation exposures, fires/explosions, sea-water leaks into the submarines and sinking of vessels are considered. For each event a summary of available information is presented, and comments are added. In some cases the available information is not credible, and these events are neglected. This reduces the number of events to 5 U.S. events, 35 USSR/Russian events and 1 French event. A comparison is made between the reported Soviet accidents and information available on dumped and damaged Soviet naval reactors. It seems possible to obtain good correlation between the two types of events. An analysis is made of the accident and estimates are made of the accident probabilities which are found to be of the order of 10{sup -3} per ship reactor years. It if finally pointed out that the consequences of nuclear ship accidents are fairly local and does in no way not approach the magnitude of the Chernobyl accident. It is emphasized that some of the information on which this report is based, may not be correct. Consequently some of the results of the assessments made may not be correct. (au).

Accidents in nuclear ships

International Nuclear Information System (INIS)

Oelgaard, P.L.

1996-12-01

This report starts with a discussion of the types of nuclear vessels accidents, in particular accidents which involve the nuclear propulsion systems. Next available information on 61 reported nuclear ship events in considered. Of these 6 deals with U.S. ships, 54 with USSR ships and 1 with a French ship. The ships are in almost all cases nuclear submarines. Only events that involve the sinking of vessels, the nuclear propulsion plants, radiation exposures, fires/explosions, sea-water leaks into the submarines and sinking of vessels are considered. For each event a summary of available information is presented, and comments are added. In some cases the available information is not credible, and these events are neglected. This reduces the number of events to 5 U.S. events, 35 USSR/Russian events and 1 French event. A comparison is made between the reported Soviet accidents and information available on dumped and damaged Soviet naval reactors. It seems possible to obtain good correlation between the two types of events. An analysis is made of the accident and estimates are made of the accident probabilities which are found to be of the order of 10 -3 per ship reactor years. It if finally pointed out that the consequences of nuclear ship accidents are fairly local and does in no way not approach the magnitude of the Chernobyl accident. It is emphasized that some of the information on which this report is based, may not be correct. Consequently some of the results of the assessments made may not be correct. (au)

Petroleum privatization and institutional environment: the Russian example

International Nuclear Information System (INIS)

Locarelli, C.; Finon, D.

2003-09-01

This paper treats of the reform of the Russian hydrocarbons industry using an institutionalistic approach. The theoretical objective of the privatization is the installation of a growth scheme based on important productivity gains, through large scale re-structuration, investments for the reproduction of oil and gas reserves, and big infrastructures development. The choice of this sector is justified because it represents an extreme case of inadequateness of the measures preconized by the Washington consensus with respect to the institutional environment. Stress has been put on the modification of the property rights of companies. The introduction of market institutions in a transition economy has led to an opportunistic adaptation of the behaviour of private and government actors. There is a clear correlation between the insecurity of property rights in general and the abundance of exploitable and exportable natural resources. Then, the privatization and the limited performance of the hydrocarbons sector in Russia is analyzed in terms of efficiency and long-term strategy, essential for a resources industry to make reserves. The unexpected results of this privatization are explained using an analysis of the market institutions applied to the very specific institutional environment of the Russian economy. Finally, the inadequateness of these institutions with the initial informal institutions has led to adaptations fully dependent of the institutional path with the necessity of preserving a minimum inter-industrial consistency. (J.S.)

Trends of shipping markets development

Directory of Open Access Journals (Sweden)

Tomasz Nowosielski

2012-06-01

Full Text Available Shipping markets are dependent on international trade transactions that generate transport needs. These needs can dynamically change depending on global natural resources and commodity markets situation. The changes affecting shipping markets can also be caused by changes to the existing cargo flows and by establishing new ones in different geographies. It is anticipated that in the future shipping markets will change, visible by a decline in shipping in North America and Europe and an increase in Asia.

Public Versus Private: Does It Matter for Water Conservation? Insights from California

Science.gov (United States)

Kallis, Giorgos; Ray, Isha; Fulton, Julian; McMahon, James E.

2010-01-01

This article asks three connected questions: First, does the public view private and public utilities differently, and if so, does this affect attitudes to conservation? Second, do public and private utilities differ in their approaches to conservation? Finally, do differences in the approaches of the utilities, if any, relate to differences in public attitudes? We survey public attitudes in California toward (hypothetical but plausible) voluntary and mandated water conservation, as well as to price increases, during a recent period of shortage. We do this by interviewing households in three pairs of adjacent public and private utilities. We also survey managers of public and private urban water utilities to see if they differ in their approaches to conservation and to their customers. On the user side we do not find pronounced differences, though a minority of customers in all private companies would be more willing to conserve or pay higher prices under a public operator. No respondent in public utility said the reverse. Negative attitudes toward private operators were most pronounced in the pair marked by a controversial recent privatization and a price hike. Nonetheless, we find that California’s history of recurrent droughts and the visible role of the state in water supply and drought management undermine the distinction between public and private. Private utilities themselves work to underplay the distinction by stressing the collective ownership of the water source and the collective value of conservation. Overall, California’s public utilities appear more proactive and target-oriented in asking their customers to conserve than their private counterparts and the state continues to be important in legitimating and guiding conservation behavior, whether the utility is in public hands or private.

THE USE OF EXCHANGEABLE BONDS DURING THE PRIVATIZATION PROCESS

Directory of Open Access Journals (Sweden)

Damian Kaźmierczak

2014-04-01

Full Text Available In our article we present the use of hybrid securities in the privatization process. We show that exchangeable bonds may be successfully applied during privatization of state companies throughout the world. It may be profitable for many reasons. Firstly, the exchangeables offer a much lower coupon in comparison with the ordinary government bonds which may be crucial for highly indebted countries. Secondly, throughout the entire maturity period the state remains the owner of the privatized firm which means that the government can be a beneficiary of high dividends paid by the public enterprises and can actively manage them. Thirdly, in the case of unfavorable market conditions the authorities get an opportunity to wait for the end of economic turmoil in order to avoid selling the equity participations under their true value. Finally, the issue of certain types of exchangeables (e.g. callable exchangeables or mandatory exchangeables and adding several provisions (e.g. greenshoe option or clean-up call makes the instrument more flexible for the issuer. We also present a few examples of the privatization processes by means of exchangeable bonds i.a. in Germany and in Austria. Most of such operations, e.g. German Deutsche Post, Austrian Telekom Austria or Portuguese Galp Energia SGPS S.A. were completed with success.

Advanced ship systems condition monitoring for enhanced inspection, maintenance and decision making in ship operations

OpenAIRE

Lazakis, Iraklis; Dikis, Konstantinos; Michala, Anna Lito; Theotokatos, Gerasimos

2016-01-01

Structural and machinery failures in the day-to-day ship operations may lead to major accidents, endangering crew and\\ud passengers onboard, posing a threat to the environment, damaging the ship itself and having a great impact in terms of business\\ud losses. In this respect, this paper presents the INCASS (Inspection Capabilities for Enhanced Ship Safety) project which aims\\ud bringing an innovative solution to the ship inspection regime through the introduction of enhanced inspection of shi...

Attitude and practice of dental surgeons towards pharmaceutical companies' marketing gifts.

Science.gov (United States)

Tahir, Shaila; Rafique, Adeela; Ghafoor, Farkhanda; Saleem, Akif; Khan, Amanullah

2013-01-01

Interaction of pharmaceutical companies (PC) with healthcare services has been a reason for concern. In medicine, awareness of the ethical implications of these interactions have been emphasized upon, while this issue has not been highlighted in dentistry. This study undertook a cross-sectional rapid assessment procedure to gather views of dentists in various institutions towards unethical practices in health care and pharmaceutical industry. The purpose of this study was to assess the need for the formulation and implementation of guidelines for the interaction of dentists with the pharmaceutical and device industry in the best interest of patients. A group of 209 dentists of Lahore including faculty members, demonstrators, private practitioners and fresh graduates responded to a questionnaire to assess their attitudes and practices towards pharmaceutical companies' marketing gifts. The study was conducted during 2011 and provided interesting data that showed the pharmaceutical industry is approaching private practitioners more frequently than academicians and fresh graduates. Private practioners accepted the gifts but mostly recognized them as unethical (over 65%). Both groups considered sponsoring of on-campus lectures as acceptable (over 70%). Respondents are not fully aware of the ethical demands which are imperative for all health care industries, and there is a dire need of strict guidelines and code of ethics for the dentist's interaction with the pharmaceutical and device industry so that patient interest is protected.

Is debt replacing equity in regulated privatized infrastructure in developing countries?

OpenAIRE

da Silva, Luis Correia; Estache, Antonio; Jarvela, Sakari

2004-01-01

The main purpose of this paper is to describe the evolution of the financing structure of regulated privatized utilities and transport companies. To do so, the authors rely on a sample of 121 utilities distributed over 16 countries, and 23 transport infrastructure operators and 23 transport services operators distributed over 23 countries. They show that leverage rates vary significantly a...

Ship Routing with Pickup and Delivery for a Maritime Oil Transportation System: MIP Modeland Heuristics

DEFF Research Database (Denmark)

Rodrigues, Vinicius Picanco; Morabito, Reinaldo; Yamashita, Denise

2016-01-01

This paper examines a ship routing problem with pickup and delivery and time windowsfor maritime oil transportation, motivated by the production and logistics activities of an oil companyoperating in the Brazilian coast. The transportation costs from offshore platforms to coastal terminalsare...... application of two tailor-made MIP heuristics, based on relax-and-fix and timedecomposition procedures. The model minimizes fuel costs of a heterogeneous fleet of oil tankersand costs related to freighting contracts. The model also considers company-specific constraints foroffshore oil transportation....... Computational experiments based on the mathematical models and therelated MIP heuristics are presented for a set of real data provided by the company, which confirmthe potential of optimization-based methods to find good solutions for problems of moderate sizes....

Guide to ship sanitation

National Research Council Canada - National Science Library

2011-01-01

"The third edition of the Guide to Ship Sanitation presents the public health significance of ships in terms of disease and highlights the importance of applying appropriate control measures"--Back cover...

Possibilities for private facility gain momentum

International Nuclear Information System (INIS)

Tompkins, B.

1994-01-01

In a resounding show of support for the development of a private monitored retrievable storage (MRS) facility for the storage of spent commercial nuclear fuel, 33 utilities and two nuclear industry contractors have signed on with the Mescalero Apache Tribe and Northern States Power Company to further explore such a project. Representatives from 34 utilities gathered on the Mescalero Apache Reservation in southern New Mexico on March 10-11 to hear the tribe's proposal for a privately owned and operated MRS. The preliminary business plan developed for the project sets forth the terms of facility use for utilities that are interested in joining, estimates implementation costs, and describes storage capacity requirements. The Mescaleros would have majority ownership in the venture, and a board of directors would represent equity holders. Completion of the project would be contingent on the ability of NSP and the Mescaleros to site and license the facility; to agree on a design; to finish construction and begin operation; to ensure an adequate system for transport of spent fuel to the site; and to plan for site remediation

THE APPLICATION OF E-COMMERCE IN SHIPPING AND WAREHOUSING INDUSTRY

Directory of Open Access Journals (Sweden)

Setyarini Santosa

2001-01-01

Full Text Available The implementation of e-business and e-commerce provide the value of virtual computer-based interactions and transactions. It causes the traditional value chain that revealed the sequentially flowed business process shifts to the customer-oriented value chain that are not sequential anymore. This paper will discuss about how the integration of e-commerce or e-business changes the way business work within its organization itself and between its trading partners and customers in the shipping and warehousing industry. It will be done in accordance to the strategy that is used by the company. Also, it will discuss the competitions in this industry at a glance. Since new business models are necessary to integrate e-commerce initiatives with overall business goals and strategy, then, this paper will take a closer look at the use of such technology to conduct business in order to be a leader in their industry and to leverage the business competitive advantages. How Fedex, as a leader in shipping and warehousing industry, build its e-commerce will be presented in detail to drive the readers understanding to this topic. Finally, this paper will discuss about its implication to the accounting profession.

Cybersecurity Framework for Ship Industrial Control System

OpenAIRE

Maule, R. William; Hake, Joseph

2016-01-01

Ship mechanical and electrical control systems, and the communications grid through which these devices operate, are a high priority concern for Navy leadership. Ship systems use microprocessor-based controls to interface with physical objects, and Programmable Logic Controllers (PLCs) to automate ship electromechanical processes. Ship operations are completely dependent on these devices. The commercial security products upon which ships depend do not work on ICS, leaving ships vulnerable. Th...

Opportunities for privatization and alliances in a deregulated marketplace

Energy Technology Data Exchange (ETDEWEB)

Erling, J.M. [KPMG, Toronto, ON (Canada)

1998-09-01

The main implications for municipal electric utilities (MEUs) and businesses in a deregulated, open access energy market include a range of possible alternative business structures, constraints on choices, increased risks, the need to understand objectives, capabilities and capacity for bearing risks. The issue of what business MEUs are in, what services they provide and how those services should be delivered, was hotly debated. It was suggested that with increasing competition, the range of possible business structures and arrangements will widen significantly. The different public-private options available to MEUs are (1) the conventional tender process, (2) contracting out, (3) joint ventures with a private company, (4) franchising, (5) outsourcing of specific functions, (6) operating agreements, (7) lease arrangements, (8) build-operate-transfer options (BOTs), and (9) the full privatization scenario. It was noted that some forms of public-private partnerships are more suited to some businesses than others. Also, different partnership structures can be used in different parts of any business. Objectives for any partnership should include maximizing profitability, minimizing risk and promoting economic development but under competition. The ability to choose objectives will change significantly and the achievement of any of the objectives will be determined by the marketplace. Some guidelines on measuring success and on maximizing market value were offered. Global trends towards more unbundling and price transparency, more outsourcing to the private sector, more competition, less government, regulatory reform and blurring of the boundaries between utility sectors were predicted.

Containment of spills from ships

International Nuclear Information System (INIS)

Engerer, M.J.

1992-01-01

Oil escaping from a ship is contained within a limited area surrounding the ship by means of a flexible ring structure. The ring structure is stored in a collapsed state in a compartment extending around the ship. In response to an oil spill, the ring structure is dropped from the compartment and immediately surrounds the ship. A circular inflatable flotation section of the ring structure is charged with gas under pressure. The gas is supplied from a bottle cascade aboard the ship, through lines preconnected to the flotation section and paid out from free-wheeling reels. The flotation section supports a thin circumferential wall of predetermined height that submerges and assumes a vertical cylinder-like shape surrounding the escaping oil. The oil floats within the confines of the ring structure, and the ring structure is progressively expanded to a predetermined size selected to accommodate the total volume of oil carried by the ship. When the ring structure achieves its expanded state, pressure in the flotation section is raised to render the structure relatively rigid and resistant to collapse in response to wave action. Oil can be removed from the interior of the ring structure by recovery ships using suction lines or other conventional recovery methods. 12 figs

Real-Time Simulation of Ship-Structure and Ship-Ship Interaction

DEFF Research Database (Denmark)

Lindberg, Ole; Glimberg, Stefan Lemvig; Bingham, Harry B.

2013-01-01

, because it is simple, easy to implement and computationally efficient. Multiple many-core graphical processing units (GPUs) are used for parallel execution and the model is implemented using a combination of C/C++, CUDA and MPI. Two ship hydrodynamic cases are presented: Kriso Container Carrier at steady...

EX1001 Ship Shakedown (EX1001, EM302) on NOAA Ship Okeanos Explorer in Hawaiian Islands

Data.gov (United States)

National Oceanic and Atmospheric Administration, Department of Commerce — The ship has been alongside for repairs and leave since November, 2009. The ship shakedown cruise is scheduled to provide an opportunity for the ship to get underway...

Private sector involvement in times of armed conflict: What are the constraints for trading medical equipment?

Science.gov (United States)

Schmidt, Georg

Today, healthcare facilities are highly dependent on the private sector to keep their medical equipment functioning. Moreover, private sector involvement becomes particularly important for the supply of spare parts and consumables. However, in times of armed conflict, the capacity of the corporate world appears to be seriously hindered. Subsequently, this study researches the influence of armed conflict on the private medical equipment sector. This study follows a qualitative approach by conducting 19 interviews with representatives of the corporate world in an active conflict zone. A semistructured interview guide, consisting of 10 questions, was used to examine the constraints of this sector. The results reveal that the lack of skilled personnel, complicated importation procedures, and a decrease in financial capacity are the major constraints faced by private companies dealing in medical equipment in conflict zones. Even when no official sanctions and embargoes for medical items exist, constraints for trading medical equipment are clearly recognizable. Countries at war would benefit from a centralized structure that deals with the importation procedures for medical items, to assist local companies in their purchasing procedures. A high degree of adaption is needed to continue operating, despite the emerging constraints of armed conflict. Future studies might research the constraints for manufacturers outside the conflict to export medical items to the country of war.

The Impact of Seafarers’ Perceptions of National Culture and Leadership on Safety Attitude and Safety Behavior in Dry Bulk Shipping

Directory of Open Access Journals (Sweden)

Chin-Shan Lu

2016-06-01

Full Text Available This research aims to examine the effects of national culture and leadership style on safety performance in bulk shipping companies. Survey data collected from 322 respondents working in dry bulk carriers was used, a multiple regression analysis was conducted to analyze the influence of national culture and leadership styles (i.e. transformational, passive management, and contingent reward on safety attitude and safety behavior. The results indicate that national culture dimensions such as power distance, uncertainty avoidance, collectivism, and long-term orientation had a positive influence on safety behaviour. Long-term orientation had a positive influence on safety attitude, whereas masculinity had a negative influence on safety attitude of seafarers. Specifically, this research found that transformational leadership had a positive influence on safety attitude and safety behaviour of seafarers. Moreover, practical implication from the research findings to improve ship safety in dry bulk shipping were discussed.

Hospital safeguards capital program through private sector partnership.

Science.gov (United States)

Thomas, J; Lungo, A; Bobrow, M

1984-02-01

As access to capital tightens, more hospitals are exploring the benefits of partnerships with private companies. A California hospital, burdened by the long-term debt it incurred for a medical office building, worked together with its medical staff and an outside real estate developer. By selling the building to the developer, not only was the hospital able to finance a much-needed expansion and reconstruction project, but the hospital's medical staff had an opportunity to become limited partners in the ownership of the building.

46 CFR 148.02-1 - Shipping papers.

Science.gov (United States)

2010-10-01

... 46 Shipping 5 2010-10-01 2010-10-01 false Shipping papers. 148.02-1 Section 148.02-1 Shipping... MATERIALS IN BULK Vessel Requirements § 148.02-1 Shipping papers. (a) Carriers may not accept for..., unless the hazardous materials offered for such shipment is accompanied by a shipping paper on which the...

Naval Ship Database: Database Design, Implementation, and Schema

Science.gov (United States)

2013-09-01

ClassId Class identifier Name Ship name Pendant Ship pendant CommissionDate Ship commission date DecommissionDate Ship decommission date; NULL if still...active FlagshipId Ship Id of the ship Figure 3: Ship table definition Table 3: Ship table example rows Id Prefix ClassId Name Pendant ...computation if required. A bridged connection will allow computation analysis to be done in Matlab and allow the processed data to be imported back

Employee participation in the private sector in Malaysia: The Applicability of Favourable Conjunctures Model

Directory of Open Access Journals (Sweden)

Balakrishnan Parasuraman

2009-12-01

Full Text Available EP is one crucial aspect of the employment relationship in both private and public organisations in many countries. In 2001, Poole, Lansbury and Wiles developed a model for comparative EP, which they named the Favourable Conjunctures Model. So far, this model has only been applied in developed countries such as the United States of America, United Kingdom, Australia and Europe. There it was applied in order to examine worker participation from the national perspective. No extensive study has been conducted using this model to explain worker participation practices at the company level. In parallel with this aspect, this model also has never been used to explain the nature of EP in the Asian developing countries. This current research will use the Favourable Conjunctures Model to examine the nature of EP in private enterprises based on empirical study carried out in Malaysia. The argument of this paper is that the Favourable Conjunctures Model of Industrial Democracy (Poole et al. 2001 is inadequate to elucidate the characteristics of EP in Malaysia. Based on empirical findings from three private companies in Malaysia, the paper argues that there are many contextual factors that influence the nature of EP in Malaysian private companies that are not taken into account by the model. They are:multi-ethnic (cultural influences, the repressive role of state in the Malaysian industrial relations, the New Economic Policy and industrialisation plan, Islamic working ethics, the influence of a British colonial history, lack of training among non-managerial employees in EP, the impact of foreign direct investment on industrial relations, to identify a few. Based on this study, it is proposed that the present Favourable Conjunctures Model of Industrial Democracy (Poole et al. 2001 be modified based on the contextual factors discussed above. The paper concludes that the western model of EP could not be directly applied in Malaysia without some adjustment of

Ship Technology Workshop Materials from Collaboration with Mexico to Reduce Emissions from Ships

Science.gov (United States)

On September 26, 2012, a ship technology seminar was held to provide Mexican stakeholders with information about some of the ship technologies needed to meet the requirements of MARPOL Annex VI and an ECA.

Methodological aspects transparency financial statements of construction companies

Directory of Open Access Journals (Sweden)

O. V. Rozhnova

2016-01-01

Full Text Available In modern society, in terms of general information and integration of the economies, information is one of the main market products. There is becoming urgent task of improving financial statement transparency for enterprises in this situation. One of the most challenging in improving transparency can be considered the construction industry, because of the pursuit of privacy and a high degree of corruption. The paper analyzes the possible reasons for reducing the level of transparency in the construction industry companies. The paper highlighted the general and particular causes that affect the transparency of financial reporting of construction enterprises. Common causes are relevant for companies in any industry, and private causes show features characteristic of the construction itself. In addition, the paper analyzes the various methods of increasing the transparency used by companies all over the world. The analysis highlighted the internal and external methods for improving the transparency of financial statements and transparency of construction companies. Leadership and employees at the enterprise level providing transparency of financial reporting, and non-financial information about the company, having interest to stakeholders, carry out internal methods. External methods are applied at the macro level as the joint forces of the enterprises of the construction industry to form associations and the state. The analysis also considered the possibility of using these methods by the Russian construction companies and advantages and disadvantages of their application.

Fast ship

OpenAIRE

Keuning, J.A.

2014-01-01

The invention concerns a ship whereby the hull and the mechanical propulsion device are designed such that the Froude number is larger than 0.5. In the aft ship the hull has a bottom with V-shaped bottom surfaces with a deadrise angle that is less than 40 degrees and the hull has substantially vertical sides. In the hull are a passenger compartment and a trim tank. The trim tank volume is such that the weight of a filled trim tank is more than 30 % of the weight of displacement of the hull wi...

46 CFR 151.45-7 - Shipping papers.

Science.gov (United States)

2010-10-01

... 46 Shipping 5 2010-10-01 2010-10-01 false Shipping papers. 151.45-7 Section 151.45-7 Shipping... BULK LIQUID HAZARDOUS MATERIAL CARGOES Operations § 151.45-7 Shipping papers. Each barge carrying... towing vessel shall either have a copy of the shipping papers for each barge in his tow or he shall make...

The investigation of ship maneuvering with hydrodynamic effects between ships in curved narrow channel

Directory of Open Access Journals (Sweden)

Chun-Ki Lee

2016-01-01

Full Text Available The hydrodynamic interaction between two large vessels can't be neglected when two large vessels are closed to each other in restricted waterways such as in a harbor or narrow channel. This paper is mainly concerned with the ship maneuvering motion based on the hydrodynamic interaction effects between two large vessels moving each other in curved narrow channel. In this research, the characteristic features of the hydrodynamic interaction forces between two large vessels are described and illustrated, and the effects of velocity ratio and the spacing between two vessels are summarized and discussed. Also, the Inchon outer harbor area through the PALMI island channel in Korea was selected, and the ship maneuvering simulation was carried out to propose an appropriate safe speed and distance between two ships, which is required to avoid sea accident in confined waters. From the inspection of this investigation, it indicates the following result. Under the condition of SP12≤0.5L, it may encounter a dangerous tendency of grounding or collision due to the combined effect of the interaction between ships and external forces. Also considering the interaction and wind effect as a parameter, an overtaken and overtaking vessel in narrow channel can navigate while keeping its own original course under the following conditions; the lateral separation between two ships is about kept at 0.6 times of ship length and 15 degrees of range in maximum rudder angle. On the other hand, two ships while overtaking in curved narrow channel such as Inchon outer harbor in Korea should be navigated under the following conditions; SP12 is about kept at 1.0 times of ship length and the wind velocity should not be stronger than 10 m/s.

Optimization in liner shipping

DEFF Research Database (Denmark)

Brouer, Berit Dangaard; Karsten, Christian Vad; Pisinger, David

2017-01-01

Seaborne trade is the lynchpin in almost every international supply chain, and about 90% of non-bulk cargo worldwide is transported by container. In this survey we give an overview of data-driven optimization problems in liner shipping. Research in liner shipping is motivated by a need for handling...... still more complex decision problems, based on big data sets and going across several organizational entities. Moreover, liner shipping optimization problems are pushing the limits of optimization methods, creating a new breeding ground for advanced modelling and solution methods. Starting from liner...... shipping network design, we consider the problem of container routing and speed optimization. Next, we consider empty container repositioning and stowage planning as well as disruption management. In addition, the problem of bunker purchasing is considered in depth. In each section we give a clear problem...

Ship construction and welding

CERN Document Server

Mandal, Nisith R

2017-01-01

This book addresses various aspects of ship construction, from ship types and construction materials, to welding technologies and accuracy control. The contents of the book are logically organized and divided into twenty-one chapters. The book covers structural arrangement with longitudinal and transverse framing systems based on the service load, and explains basic structural elements like hatch side girders, hatch end beams, stringers, etc. along with structural subassemblies like floors, bulkheads, inner bottom, decks and shells. It presents in detail double bottom construction, wing tanks & duct keels, fore & aft end structures, etc., together with necessary illustrations. The midship sections of various ship types are introduced, together with structural continuity and alignment in ship structures. With regard to construction materials, the book discusses steel, aluminum alloys and fiber reinforced composites. Various methods of steel material preparation are discussed, and plate cutting and form...

Potential of biofuels for shipping. Final Report

Energy Technology Data Exchange (ETDEWEB)

Florentinus, A.; Hamelinck, C.; Van den Bos, A.; Winkel, R.; Cuijpers, M. [Ecofys Netherlands, Utrecht (Netherlands)

2012-01-15

Biofuels could be one of the options to realize a lower carbon intensity in the propulsion of ships and also possibly reduce the effect of ship emissions on local air quality. Therefore, EMSA, the European Maritime Safety Agency, is evaluating if and how biofuels could be used in the shipping sector as an alternative fuel. To determine the potential of biofuels for ships, a clearer picture is needed on technical and organizational limitations of biofuels in ships, both on board of the ship as in the fuel supply chain to the ship. Economic and sustainability analysis of biofuels should be included in this picture, as well as an overview on current and potential policy measures to stimulate the use of biofuels in shipping. Ecofys has determined the potential of biofuels, based on analysis of collected data through literature review, own expertise and experiences, direct communication with EMSA, research publications, market developments based on press and other media, and consultations with relevant stakeholders in the shipping market.

Design of Technical Support System for Retail Company Based on Cloud

Directory of Open Access Journals (Sweden)

Shao Ping

2017-01-01

Full Text Available With the retail side of the market in China, the sale of electricity companies as a new source of power retail, they participate in the electricity market business. National and local governments subsequently introduced the corresponding policies and rules, the technical support system becomes one of the necessary conditions for the access of the retail company. Retail electricity companies have started the system construction, but has not yet formed a standardized, complete architecture. This paper analyzes the business and data interaction requirements of retail electricity companies, and then designs the functional architecture based on basic application, advanced application and value-added application, and the technical architecture based on “cloud”. On this basis, the paper discusses the selection of private cloud, public cloud and mixed cloud model, and the rationalization suggestion of system construction. Which can provide reference for the construction of the technical support system of the domestic retail enterprises.

Thermo-hydraulic characteristics of ship propulsion reactor in the conditions of ship motions and safety assessment

International Nuclear Information System (INIS)

Kobayashi, Michiyuki; Aya, Izuo; Inasaka, Fujio; Murata, Hiroyuki; Odano, Naoteru; Shiozaki, Koki

1998-01-01

A research project from 1995-1999 had a plan to make experimental studies on (1) safety of nuclear ship loaded with an integral ship propulsion reactor (2) effects of pulsating flow on the thermo-hydraulic characteristics of ship propulsion reactor and (3) thermo-hydraulic behaviors of the reactor container at the time of accident in a passively safe ship propulsion reactor. Development of a data base for ship propulsion reactor was attempted using previous experimental data on the thermo-hydraulic characteristics of the reactor in the institute in addition to the present results aiming to make general analytical evaluation for the safety of the engineering-simulation system for nuclear ship. A general data base was obtained by integrating the data list and the analytical program for static characteristics. A test equipment which allows to visualize the pulsating flow was produced and visualization experiments have started. (M.N.)

Challenges constraining access to insulin in the private-sector market of Delhi, India.

Science.gov (United States)

Sharma, Abhishek; Kaplan, Warren A

2016-01-01

India's majority of patients-including those living with diabetes-seek healthcare in the private sector through out-of-pocket (OOP) payments. We studied access to insulin in the private-sector market of Delhi state, India. A modified World Health Organization/Health Action International (WHO/HAI) standard survey to assess insulin availability and prices, and qualitative interviews with insulin retailers (pharmacists) and wholesalers to understand insulin market dynamics. In 40 pharmacy outlets analysed, mean availability of the human and analogue insulins on the 2013 Delhi essential medicine list was 44.4% and 13.1%, respectively. 82% of pharmacies had domestically manufactured human insulin phials, primarily was made in India under licence to overseas pharmaceutical companies. Analogue insulin was only in cartridge and pen forms that were 4.42 and 5.81 times, respectively, the price of human insulin phials. Domestically manufactured human phial and cartridge insulin (produced for foreign and Indian companies) was less expensive than their imported counterparts. The lowest paid unskilled government worker in Delhi would work about 1.5 and 8.6 days, respectively, to be able to pay OOP for a monthly supply of human phial and analogue cartridge insulin. Interviews suggest that the Delhi insulin market is dominated by a few multinational companies that import and/or license in-country production. Several factors influence insulin uptake by patients, including doctor's prescribing preference. Wholesalers have negative perceptions about domestic insulin manufacturing. The Delhi insulin market is an oligopoly with limited market competition. Increasing competition from Indian companies is going to require some additional policies, not presently in place. As more Indian companies produce biosimilars, brand substitution policies are needed to be able to benefit from market competition.

Challenges constraining access to insulin in the private-sector market of Delhi, India