WorldWideScience

Sample records for technology corporation company

  1. Strategies for Corporate Global Expansion of Pakistani Companies in the Age of Technology

    Directory of Open Access Journals (Sweden)

    Jawaid Ahmed Qureshi

    2015-04-01

    Full Text Available This study intends to meticulously probe about the applications of cutting-edge strategies of globally expanding companies operative in several industrial sectors of Pakistan. Many companies craft and execute various strategies to globalize their operations and networks in several continents, which can not only benefit them but add value in the domestic cum global economy. Many researchers expounded that along with many other factors, capacity-building and competitive edges of business provide these companies the competitive strengths to excel in their global operations. Regarding such strengths, advancement in technology inclusive of research in business R&D (Research & Development, and marketing and business research, process design, automation, and e-commerce play a decisive role in providing them the core competitive edges that they leverage to advance their growth and expansion in the global market. This paper employs hybrid research techniques including qualitative and quantitative research. Semi-structured interviews have been taken for qualitative enquiry and structured survey has been undertaken for quantitative enquiry. The samples are drawn from multiple populations pertaining top-five export sectors of Pakistan by applying convenience sampling procedures for interviews and proportionate stratified sampling articulated with systematic sampling for survey. The findings uncover that after turning as retrenched domestic entities, many of the companies in Pakistan prefer global expansion. They usually resume from export operations in various countries especially where they develop a network of business associates, and then gradually move to open subsidiaries abroad. They avail technological edges to upgrade their processes, plants, products

  2. Towards a Guideline for Design of a Corporate Entrepreneurship Function for Business Development in Medium-Sized Technology-Based Companies

    NARCIS (Netherlands)

    Uittenbogaard, Boaz; Broens, Lute; Groen, Arend J.

    2005-01-01

    The speed with which global high-technology markets evolve makes companies recognize that an effective innovation process is the best way to guarantee competitiveness. However, when (medium-sized) companies then wish to set up a corporate entrepreneurship function to enhance business development

  3. The Dynamics of the Strategic Network Relations between Corporate R&D and Business. A Longitudinal Analysis in a Large, Technology Based Multinational Company

    NARCIS (Netherlands)

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

    2007-01-01

    The present paper addresses the important issue of the management of the strategic network relations between corporate R&D and business in large divisionalized companies. In a large technology-based multinational company (± 30,000 employees) an instrument that provides regular feedback to both

  4. Multinational Oil Companies and Corporate Social Responsibilities ...

    African Journals Online (AJOL)

    Niger Delta Region, Nigeria), the concept of corporate social responsibility must be fully imbibed by the multinational oil companies. Therefore, this study examines multinational oil companies and corporate social responsibilities with particular ...

  5. Corporate Governance in Publicly Traded Canadian Companies

    OpenAIRE

    Hu, Jie; Wang, Chong

    2011-01-01

    We investigate the effectiveness of corporate governance practices in this paper, focusing on the corporate governance practices implemented by TSX listed companies in Canada. We analyze the determinants of the effectiveness of corporate governance practices and test whether corporate governance mechanisms relate to quality of accounting earnings and company performance. We obtain mixed results from regression analyses indicating that corporate governance mechanisms are not significantly rela...

  6. [Can tobacco companies be good corporate citizens?].

    Science.gov (United States)

    Palazzo, G; Mena, S

    2009-07-01

    Tobacco companies have jumped on the Corporate social responsibility (CSR) bandwagon as a tentative to be societally accepted as responsible actors and good corporate citizens. This is however not possible for two reasons. First, the product they sell is lethal and thus not compatible with the precondition of doing no harm to be a good corporate citizen. Second, the behavior of tobacco firms is not responsible, being illustrated by four examples: junk science versus sound science strategy, seducing young smokers, political lobbying and getting customers on new markets. To conclude, three implications for regulating the activities of the tobacco industry are given.

  7. Company learning about corporate social responsibility

    NARCIS (Netherlands)

    Cramer, J.M.

    2005-01-01

    This article analyses the learning experiences gained by 19 Dutch companies when implementing the concept of corporate social responsibility in their own business practices. It is concluded that learning processes took place at individual level and, in certain cases, at group level. Learning at

  8. Corporate governance of non-listed companies

    NARCIS (Netherlands)

    McCahery, J.A.; Vermeulen, E.P.M.

    2008-01-01

    Studies of corporate governance traditionally focus on the governance problems of large publicly held firms, and policymakers' recommendations often focus on such firms. However most small firms, and in many countries, even many large companies, are closely held. This book provides a comprehensive

  9. Corporate environmental management and information technology

    DEFF Research Database (Denmark)

    Rikhardsson, Pall M.

    2001-01-01

    software, the Internet, computer networks, telecommunications devices, etc. Information technology also has an impact on how companies perform environmental management. This paper looks at the relations between corporate environmental management and information technology. First it presents a framework...... for mapping information technology. Using this framework it focuses on the use of information technology in corporate environmental management, describes the market for standard environmental management information systems and implementation experiences from one large international company.......Information technology has changed, is changing and will continue to change the face of business as we further enter the Information Society. Today it would be difficult for a company to function effectively without the aid of various information technologies such as accounting software, production...

  10. 76 FR 5834 - International Business Machines Corporation, Global Technology Services Business Unit, Integrated...

    Science.gov (United States)

    2011-02-02

    ... Machines Corporation, Global Technology Services Business Unit, Integrated Technology Services, Cost and..., applicable to workers of International Business Machines Corporation, Global Technology Services Business... engaged in activities related to support for the Global Technology Services Business Unit. The company...

  11. Company engagement with nongovernmental organizations from a corporate responsibility perspective

    OpenAIRE

    Kourula, Arno

    2009-01-01

    Organizations from a Corporate Responsibility Perspective Purpose – This doctoral dissertation examines the relationship between corporations and nongovernmental organizations (NGOs). The key research question of the thesis is the following: Why and how do companies engage with nongovernmental organizations to demonstrate corporate responsibility in different institutional contexts? The most important motives for engaging with NGOs include gaining legitimacy and knowledge, managing risk, impr...

  12. Wiki as a Corporate Learning Tool: Case Study for Software Development Company

    Science.gov (United States)

    Milovanovic, Milos; Minovic, Miroslav; Stavljanin, Velimir; Savkovic, Marko; Starcevic, Dusan

    2012-01-01

    In our study, we attempted to further investigate how Web 2.0 technologies influence workplace learning. Our particular interest was on using Wiki as a tool for corporate exchange of knowledge with the focus on informal learning. In this study, we collaborated with a multinational software development company that uses Wiki as a corporate tool…

  13. 75 FR 76040 - Weyerhaeuser Company Corporate Headquarters Including On-Site Leased Workers From Volt Services...

    Science.gov (United States)

    2010-12-07

    ... Assistance on June 2, 2010, applicable to workers of Weyerhaeuser Company, Corporate Headquarters, including... Weyerhaeuser Company, Corporate Headquarters to be considered leased workers. Based on these findings, the... the Federal Way, Washington location of Weyerhaeuser Company, Corporate Headquarters. The amended...

  14. Corporate Environmental Management and Information Technology

    DEFF Research Database (Denmark)

    Rikhardsson, Pall M.

    2000-01-01

    software, the internet, computer networks, telecommunications devices, etc. Information technology also has an impact on how companies perform environmental management. This paper explores the relations between environmental management and information technology in general terms. It offers a classification...... framework for the use of information technology in corporate environmental management (CEM), describes the market for standard environmental management information systems solutions, what main functionalities are available and what main trends are visible.......Information technology has changed, is changing and will continue to change the face of business as we further enter the Information Society. Today it would be difficult for a company to function effectively without the aid of various information technologies such as accounting software, production...

  15. Motives for Corporate Social Responsibility in Chinese Food Companies

    OpenAIRE

    Dongyong Zhang; Qiaoyun Ma; Stephen Morse

    2018-01-01

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

  16. CORPORATE SOCIAL RESPONSIBILITY OF COMPANIES IN BOSNIA AND HERZEGOVINA

    OpenAIRE

    Čavalić, Admir; Bećirović, Damir

    2017-01-01

    The concept of corporate social responsibility implies that the company has far more responsibilities that overcome its basic economic responsibility. Corporate social responsibility is the imperative of modern business and one of the prerequisites for achieving competitive advantage. Thus, in order to be socially responsible, it is important for a company to demonstrate a certain level of responsibility towards its stakeholders. Historically, the concept of social responsibility has been the...

  17. CORPORATE GOVERNANCE- A TRANSPARENCY INDEX FOR THE ROMANIAN LISTED COMPANIES

    Directory of Open Access Journals (Sweden)

    Cuc Sunhilde

    2009-05-01

    Full Text Available The purpose of this research is to analyze the corporate governance information disclosed by Romanian listed companies on the internet, with the objective of assessing the extent and the influence of several corporate characteristics on the level of infor

  18. THE IMPACT OF CORPORATE GOVERNANCE QUALITY ON COMPANIES

    Directory of Open Access Journals (Sweden)

    IONESCU ALIN

    2015-08-01

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

  19. Longitudinal Analysis of Corporate Social Responsibility on Company Websites

    Science.gov (United States)

    Smith, Katherine Taken

    2017-01-01

    As social issues increase, so does the scope of corporate social responsibility (CSR). Companies are expanding their CSR activities and making the terminology used to describe them more specific. This study compares website content of "Fortune" 500 companies in 2015 with content collected in 2011. Traditionally, two CSR issues have been…

  20. Perceptions of corporate social responsibility in Australian forestry companies

    NARCIS (Netherlands)

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

    2014-01-01

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

  1. Turning round the tanker: oil companies and corporate social responsibility

    International Nuclear Information System (INIS)

    Flynn-English, Teresa

    1999-01-01

    This article focuses on the conversion of oil companies to Corporate Social Responsibility (CSR), and their dialogue with charities after their reputations plummeted earlier in this decade, and traces this change in corporate culture and the restructuring of toil company operations to take into account CSR. The growing business for CSR consultants and ethical investment companies, the role of charities such as Oxfam in promoting CSR, the fact that most of the world major oil reserves are in countries with human rights problems, the potency of peer pressure, and the competitive disadvantages now attached to companies having a negative impact are discussed. It is questioned whether the cultural transformation is just another PR exercise, and the unbridgeable gap between environmentally friendly operations advocated by Greenpeace and oil company operations, and the CSR performance of the oil giants are considered. Details of the Nigerian experience, codes for companies, and the views of Greenpeace and Amnesty are given. (UK)

  2. Corporate governance in state-owned companies in Hungary

    Directory of Open Access Journals (Sweden)

    Tekla Papp

    2016-12-01

    Full Text Available At the development and to the comprehension of the regulation it is necessary to ascertain that in our view, the subject of the regulation is the operation of the company. The regulation regulates the problems arising specifically during the course of the operation of the company, as an „ex ante” tool and by the avoidance of that upon the cessation of the public company, any unjustified or inconcievable costs (social costs should rise. As an example, there are the infamous earlier corporate scandals (Enron, Parmalat, Vivendi Universal, the infringements of which drew critical social (budget costs, as they left behind unsettled creditors’ claims, plenty of workplaces got terminated, etc. To prevent this, one of the techniques is corporate governance, as it focuses on such mechanisms during the course of the operation of the company as direction and control. With this, the cessation of the company can presumably be avoided, as it is publicly acknowledged that the majority of corporate scandals descend from the faults of leadership, direction and control. Based on the above, we may ascertain that in our perception, under ’corporate governance’ it’s the legal facts or interests relevant in the course of the operation of the company what become regulated in terms of corporate law.

  3. 76 FR 55427 - Horizon Technology Finance Corporation, et al.; Notice of Application

    Science.gov (United States)

    2011-09-07

    .... Applicants: Horizon Technology Finance Corporation (the ``Company''), Horizon Technology Finance Management... Technology Finance Corporation, et al.; Notice of Application August 31, 2011. AGENCY: Securities and... Blass, Branch Chief, at (202) 551-6821 (Division of Investment Management, Office of Investment Company...

  4. Corporate social responsibility and corporate governance in Indonesian public listed companies

    OpenAIRE

    Ika Siti Rochmah; Dwiwinarno Titop; Widagdo Ari Kuncara

    2017-01-01

    This study aims to investigate whether theree has been a change in the level of corporate social responsibility (CSR) disclosure and to examine whether corporate governance attributes influence CSR disclosure in corporate annual report of Indonesian public listed companies(PLCs). The annual reports of 115 PLC for two years (2011 and 2012) were analysed using content analysis. Multiple regression analysis was utilized to determine factors influencing CSR disclosure in annual reports. Consisten...

  5. Piercing of corporate veil of nuclear companies

    International Nuclear Information System (INIS)

    Frenz, Walter

    2015-01-01

    The Federal Ministry of Economics plans that the nuclear companies with all their assets to cover disposal costs can be used where a power plant operator is governed by its parent company, hence the latter Capital or voting majority of the operators holding or these passes; To date, the parent company is liable only limited and not more than five years after the end of the domination of one Subsidiary, oparating a power plant. In this way, prevents ultimately the public sector and thus the Taxpayers have to pay for the long-term consequences of the use of nuclear energy. Until now ensured paragraph 303 AktG a group law Secondary liability the parent companies of the operating company in the case of of termination of the control and profit transfer agreements is very limited for the nuclear liabilities, namely in two ways: The claim is only focused on the backup performance and not at the expense of acquisition and Moreover, according to the case law limited of five years after its foundation; for the area of transformation law comparable rules are valid. thereby the dismantling of a nuclear power station takes just already for 20 years and a final repository is expected before 2050 not be available. [de

  6. Need to implement corporate governance in the Romanian companies

    Directory of Open Access Journals (Sweden)

    Sorin COSNEANU

    2013-04-01

    Full Text Available Under the background of the current economic realities, characterized by uncertainty and mistrust, of increased complexity of the environment in which they operate, the Romanian companies must demonstrate good organization, flexibility, skills, good risk management and be trustworthy economic and social partners. The answer to many of these challenges is provided by a modern management system, which makes proof of more convincing development possibilities, namely corporate governance.This article is an attempt to summarize the major theoretical and practical issues related to corporate governance models, as well as a vision of the need to apply this management system in the Romanian companies. At the same time, the paper will briefly present the current state of corporate governance system implementation in the Romanian companies.

  7. 77 FR 66216 - Union Railroad Company-Corporate Family Merger Exemption-McKeesport Connecting Railroad Company

    Science.gov (United States)

    2012-11-02

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

  8. Communication Practices in Technology Companies.

    OpenAIRE

    Casey, Ruth; Gallagher, Marc

    2016-01-01

    It is contended that the skills or competencies that are required of business graduates by technology companies, range from the ability to communicate complex information about global issues in ways that are accessible to and connect with the general public, to problem-solving and project-based interaction. This represents a shift in the type of communication practice that now characterises the technology company, with its main focus on “agile” frameworks of teamwork. This report examines the...

  9. Corporate ergonomics programme at Ford Motor Company.

    Science.gov (United States)

    Joseph, Bradley S

    2003-01-01

    The use of ergonomic principles in automobile assembly and manufacturing operations has become an important part of a comprehensive health and safety process as well as an integral part of the engineering systems. Ford Motor Company has developed an ergonomics process to manage issues related to injury and illness (e.g., musculoskeletal diseases) and to ensure the appropriate use of human resources on the plant floor. The ergonomics programme uses joint labour and management teams to identify and evaluate jobs and develop and implement solutions. This paper summarises the efforts of the Ford Motor Company in implementing and maintaining the programme. Key strategies are outlined that provide important links to internal organisational units that are critical to fully utilise the ergonomics process. In addition, the paper outlines differences between proactive and reactive efforts and shows the importance of using the information generated by the initiatives for process improvement.

  10. Corporate Social Responsibility: A Comparison Between Government Contractors and Companies that Receive Revenues from Commercial Sources

    Science.gov (United States)

    2011-12-01

    CDP Carbon Disclosure Project CO Contracting Officer CSP Chemical Strategies Partnership CSR Corporate Social Responsibility CSRO...private [and public] companies has increased (Carroll, 1999). The CSR violations of Enron (accounting fraud), Nike (child labor), Shell (sinking of... markets for sustainable technologies, products, and services. This policy extends to all acquisitions, including those below the simplified

  11. CORPORATE GOVERNANCE – WAY OF GOVERNANCE FOR MODERN COMPANIES

    Directory of Open Access Journals (Sweden)

    Alina HAGIU

    2016-05-01

    Full Text Available Through corporate governance is aimed the building of a structure enabling a wide degree of freedom, within the law, and includes several changes of principle in accordance with international standards of transparency. A good governance within an organization mitigate risk, increase performance, pave the way towards financial markets, brings competitive goods and services on market, improves management style, show transparency towards all stakeholders and social responsibility. The lack of some mandatory rules and structures can lead to chaos in business. The paper aims to present the role and the importance of the corporate governance for modern companies, as well as the principles on which this is based. In order to do that we also identified the main ways to quantificate the level of corporate governance, including also the non-financial performance criteria used by investors to assess companies listed on stock exchange.

  12. Development of Corporate Governance Performance Indicators for Czech Manufacturing Companies

    Directory of Open Access Journals (Sweden)

    Pavláková Docekalová Marie

    2015-03-01

    Full Text Available Effective corporate governance is a key element in achieving long-term success for any company. The codes of conduct that corporate governance adopts directly determine the sustainability of business activities. With this in mind, this paper aims to demonstrate the results of research that identifies a set of key indicators of corporate governance performance. The presented research is quantitative. In order to identify key performance indicators, factor analysis was employed. It was found that corporate governance performance is influenced by two factors. For the first factor, the relationship between corporate governance and stakeholders is measured by key indicators: percentage of women within CG, contributions to political parties, politicians and related institutions and number of complaints received from stakeholders. The second factor, strategy & compliance, is generated from the following: percentage of strategic objectives met and total number of sanctions for breaching the law. This research aims to assist both academic and corporate practitioners who want to improve corporate governance performance and, through the use of key performance indicators, support the transparency and sustainability of their business.

  13. Estimating a corporate governance index for companies in Greece

    Directory of Open Access Journals (Sweden)

    Ramona Iulia Țarțavulea (Dieaconescu

    2015-12-01

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

  14. 7 CFR 1400.204 - Limited partnerships, limited liability partnerships, limited liability companies, corporations...

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 10 2010-01-01 2010-01-01 false Limited partnerships, limited liability partnerships..., limited liability partnerships, limited liability companies, corporations, and other similar legal entities. (a) A limited partnership, limited liability partnership, limited liability company, corporation...

  15. The goal(s) of corporate rescue in company law: A comparative analysis

    OpenAIRE

    Anthony O. Nwafor

    2017-01-01

    The concept of corporate rescue lays emphasis on corporate sustainability than liquidation. This trend in corporate legislation which featured in the United Kingdom Insolvency Act of 1986, Australian Corporations Act 2001, Indian Sick Industrial Companies (Special Provisions) Act of 1985 (as replaced by Companies Act, 2013 and supplanted by the Insolvency and Bankruptcy Code, 2016) has been adopted in the South African Companies Act of 2008. The goal(s) of corporate rescue in some of these ju...

  16. Motives for Corporate Social Responsibility in Chinese Food Companies

    Directory of Open Access Journals (Sweden)

    Dongyong Zhang

    2018-01-01

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

  17. 75 FR 68020 - Watco Holdings, Inc., Watco Companies, Inc., and Watco Transportation Services, Inc.-Corporate...

    Science.gov (United States)

    2010-11-04

    ... Railroads. In addition, Watco will convert from a Kansas corporation to a Delaware limited liability company... from a Kansas corporation to a Kansas limited liability company and will continue to directly control..., AWR, and BRSR will be converted to either a limited liability company or a C corporation, depending on...

  18. 76 FR 19467 - Weyerhaeuser Company, Corporate Headquarters Including On-Site Leased Workers From Volt Services...

    Science.gov (United States)

    2011-04-07

    ... employed on-site at the Federal Way, Washington location of Weyerhaeuser Company, Corporate Headquarters... Company, Corporate Headquarters to be considered leased workers. Based on these findings, the Department... Federal Way, Washington location of Weyerhaeuser Company, Corporate Headquarters. The amended notice...

  19. The Corporate Governance of Australian Listed Construction Companies

    Directory of Open Access Journals (Sweden)

    Patrick Tait

    2012-11-01

    Full Text Available This paper compares the compliance level of Australian StockExchange (ASX listed construction and non-constructioncompanies with the ASX Corporate Governance Council (CGCrecommendations on sound corporate governance. It alsoexamines the difference in board characteristics between thetwo groups, paying particular attention to differences in boardindependence. It concludes that compared with the top 20 ASXlisted non-construction companies, listed construction companiesare less compliant overall particularly with regards to boardstructure, and have lower levels of independence both in terms ofCEO/Chairperson duality, the ratio of executive to non-executiveindependent directors and independent membership of nomination,remuneration and audit committees. These conclusions areimportant because sound corporate governance has beenassociated with higher levels of organisational resilience derivedfrom the reputational and fi nancial benefi ts of greater transparency,market value, investor attractiveness and organisationalperformance.

  20. Codifying the corporate opportunity doctrine: The (UK Companies Act 2006

    Directory of Open Access Journals (Sweden)

    John Lowry

    2012-04-01

    Full Text Available Part 10 of the UK Companies Act 2006 codifies the fiduciary and common law duties of directors as a means of addressing the key policy considerations which underpinned the company law reform project launched by the Labour Government in 1998. Focusing on the core fiduciary duty of loyalty and its corporate law manifestation in the form of the ‘corporate opportunity doctrine’, the article critically examines whether the statutory language adequately captures the totality of the duty as developed in the case law. It concludes that the formalistic language of the relevant provisions neither encompasses the breadth of the pre-existing jurisprudence nor addresses the policy objectives of the reform exercise.

  1. ENVIRONMENTAL REPORTING AND CORPORATE GOVERANANCE FOR FTSE 100 LISTED COMPANIES

    Directory of Open Access Journals (Sweden)

    IENCIU IONEL-ALIN

    2012-12-01

    Full Text Available Because environmental information reporting remains voluntary on an international scale, there are major difference in terms of quality and quantity of environmental information, reported by entities from varied sectors and countries. Within this study, I have focused on internal characteristics, consisting mainly in how the entity is managed, in order to identify the existence of certain associations between the characteristics of corporate governance and the existence of environmental reporting. The literature in the field suggests various results related to the correspondence between corporate governance characteristics and environmental reporting. Within the factors suggested by the literature are the board structure, presence of the board committee, the separation between the Chairman of the Board and the Chief Executive Officer, shareholder structure. The paper represent an empirical analyze on how corporate governance characteristics might explain the level of environmental reporting. I suggest a model comprising corporate governance characteristics like: board independence, board size, existence of a Social Responsibility Committee that could explain environmental reporting. The sample comprises 48 companies listed at London Stock Exchange FTSE 100. From FTSE 100 I select only the companies that activates in sectors of activity that may have an impact on the environment such as Aerospace & Defence, Automobiles & Parts, Beverages, Chemicals, Electricity, Food & Drug Retailers, Food Producers, Gas, Water & Multiutilities, General Industrials, Health Care Equipment & Services, Household Goods, Industrial Engineering, Mining, Oil & Gas Producers, Oil Equipment, Services & Distribution, Personal Goods, Pharmaceuticals & Biotechnology, Tobacco. My results show that, from the point of view of the London Stock Exchange FTSE 100 listed companies, the presence of an environmental committee in the board help reduce the conflict of interests between

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

    Directory of Open Access Journals (Sweden)

    Rosinta Ria Panggabean

    2014-09-01

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

  3. Corporate social responsibility as a challenge for Czech companies

    Directory of Open Access Journals (Sweden)

    Sylvie Gurská

    2012-01-01

    Full Text Available The term „Corporate social responsibility“ is an umbrella term embracing theories and practises relating to how business manages its relationship with society. In the last decades the development of companies responsible behaviour has been influenced by several facts. One of them is the existence of multinational enterprises. They have an elaborated firm strategy, a value system and bring the CSR concept in partial divisions. CSR enterprises also take the advantage of differentiation from the competitors and want to be successful on unified markets. Generally there is an effort to improve unfavourable situation in the environment and the society (global warming, corruption, insufficient community support, bad working conditions. The corporate responsibility has been supported by many foundation projects in the Czech Republic, e.g. two month’s employment support campaign “JSOU ZDRAVÍ?” for disabled people (NFOZP created by the foundation Nadační fond. Czech firms have a possibility to use several portals like educating portal Boussole CSR, its aim is to approximate the responsible business mostly to small and medium sized enterprises. Currently there exist many publications regarding this topic and the companies have a big chance to get into customers’ awareness as a corporate responsible firm, like the attendance at national/international competitions. However, the firms are using other possibilities too. They participate on project creation (e.g. „Stáže manažerů bez bariér“, they establish a fair-trade stand directly in their companies or try to add an value to their business (cleaning company with a respect to the environment.

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

    Directory of Open Access Journals (Sweden)

    Ľudmila Nagyová

    2016-01-01

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

  5. THE MANAGEMENT SUBSIDIARIES: CORPORATE GOVERNANCE MECHANISMS IN GROUP OF COMPANIES

    Directory of Open Access Journals (Sweden)

    A. K. Tatulyan

    2016-01-01

    control of subsidiaries, and the effectiveness of corporate governance mechanisms in group of companies.

  6. Determinants of Corporate Social Responsibility in Japanese Companies

    Directory of Open Access Journals (Sweden)

    Magdalena Krukowska

    2014-12-01

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

  7. Malaysian Code of Corporate Governance: One more perspective of scoring the best compliance of corporate governance by Malaysian listed companies.

    OpenAIRE

    Mok, Kam Wah

    2004-01-01

    Worldwide public listed company scandals, failures and breakdown in fair and truthful accounting had undermined investing public faith in corporate leadership, financial reporting by directors and external auditors, and the integrity of the securities markets.The general consensus view is that to attract foreign capital inflows into one economy it must have the basis elements of good corporate governance. Good corporate governance would secure a strong and health public listed companies which...

  8. Congeneration feasibility: Otis Elavator Company and Polychrome Corporation

    Science.gov (United States)

    Fox, H.

    1982-05-01

    An investigation of the technical and economic feasibility of cogenerating electric and thermal power at two manufacturing plants (Otis Elevator Company and Polychrome Corporation) located on neighboring properties in Yonkers, NY is discussed. Existing electrical and steam producing equipment and energy consumption date are summarized. Alternative cases examined include electrical energy generation, electrical energy generation with waste heat recovery and a combined cycle case. Also reported are life cycle cost economic evaluations including simple payback period and return on investment indices. While it was concluded that cogeneration of heat and electricity at these industrial plant sites would not be economically viable, this detailed study provides valuable insights.

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

    Directory of Open Access Journals (Sweden)

    Cristea Ciprian

    2017-01-01

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

  10. Corporate Sustainability: A Case Study in the Company Artecola

    Directory of Open Access Journals (Sweden)

    Cristiane Froehlich

    2016-12-01

    Full Text Available This study aims to verify the sustainability practices that address the triple bottom line at Artecola. The company headquarters is located in Rio Grande do Sul and it has units in several states in Brazil, Latin America and China. The company operates in three sectors: chemical, leather-footwear and engineering plastics. This research is classified as bibliographic, descriptive and qualitative case study. Data were collected based on 10 semi-structured interviews and internal documents, which were analyzed using qualitative content analysis. The main results show that sustainability practices include the triple bottom line at Artecola. However, the concept of sustainability is not understood in a systemic way by organization. Thus, the three pillars of the triple bottom line (economic, environmental and social are not necessarily included in an interdependent way in the current corporate sustainability actions.

  11. Cogeneration feasibility: Otis Elevator Company and Polychrome Corporation. Final report

    Energy Technology Data Exchange (ETDEWEB)

    1982-05-01

    The purpose of this study was to assess the feasibility of cogeneration at Otis Elevator Company and Polychrome Corporation located in Westchester County, New York. Each plant and its associated thermal and electrical load is reviewed. Three basic cycles for the cogeneration are investigated: power only, power generation with waste heat recovery, and combined cycle. Each case was assessed economically, beginning with a screening method to suggest those configurations most likely to be implemented and continuing through an assessment of the regulatory environment for cogeneration and an analysis of rate structures for buy back power, displaced power, and supplementing service. It is concluded that: for a plant designed to supply the combined loads of the two corporations, interconnection costs coupled to the coincidence of load result in unfavorable economics; for separate cogeneration plants, owned and operated by each individual corporation, energy consumption patterns and the current regulatory environment, in particular the existing and proposed cogeneration system rate structures, do not permit viable economics for the proposed plants; but if the proposed cycle were owned and operated by a new entity (neither Otis/Polychrome nor the utility), an economic scheme with marginal financial benefits can be developed and may be worthy of further study. (LEW)

  12. Good Corporate Governance in Manufacturing Companies Tax Avoidance

    Directory of Open Access Journals (Sweden)

    Uun Sunarsih

    2016-10-01

    Full Text Available This study aimed to examine the effect of good corporate Governance against tax avoidance peroxided by the book tax gap and corporate governance is peroxided by institutional ownership, managerial ownership, independent board, audit committee and audit quality. This study was performed on companies listed on the Stock Exchange on the observation period 2011-2014. The method used is purposive sampling and obtained a sample of 10 companies. The data used is secondary data that can be downloaded through www.idx.co.id and www.sahamok.com.  The results showed that the variables of the board of managerial ownership, independent directors, audit committee, and audit quality effect on tax avoidance while institutional ownership variable has no effect on tax avoidance. It is suspected that institutional ownership as a monitoring tool in any decision taken by the manager does not support an optimal oversight of management performance related to tax evasion.DOI: 10.15408/etk.v15i2.3541

  13. The Corporate Social Responsibility Disclosure: A Study of Listed Companies in Bangladesh

    OpenAIRE

    Rouf, Md. Abdur

    2011-01-01

    This is an exploratory study designed to investigate the extant and nature of corporate social responsibility disclosure (CSRD) in corporate annual reports (CAR) of listed companies in Bangladesh. Specifically, the report examines the relationship between corporate attributes and firm-specific factors and corporate social responsibility disclosures. Data are taken from annual reports of 2007 of the listed companies of Dhaka Stock Exchanges. The study uses ordinary least squares regression mod...

  14. 75 FR 20388 - International Business Machines Corporation, Global Technology Services Business Unit, Integrated...

    Science.gov (United States)

    2010-04-19

    ... Machines Corporation, Global Technology Services Business Unit, Integrated Technology Services, Cost and... Technology Services Business Unit, Integrated Technology Services, Cost and Expense Team working from various... Technology Services Business Unit. The company reports that workers leased from Datrose, Inc., were employed...

  15. Methodology for Diagnostics of the Company Management and Technological Maturity

    Directory of Open Access Journals (Sweden)

    Olena Martynyuk

    2017-12-01

    Full Text Available Approaches to the measurement and assessment of the company technological maturity level and management maturity apart, formulated in scientific researches and practical recommendations, significantly differ according to their purpose, content and depth of the factors analysis. Studies of the company technological maturity and possibility for implementing business processes and certain IT technologies have become more advanced in some degree. The general idea of forming a model of diagnostics of the management and technological maturity is based on the determination of prevailing company system influence components. Management techniques are a nucleus of the model, and the innovation level of management techniques is an energy impulse inciting to development. Basing on the analysis performed, the author created a concept of levels of the company management and technological maturity considering the main parameters of the company management and technological maturity. A composite algorithm was proposed for determining the level of managerial technological maturity (LMTM, end exposition of a complex of management techniques to ensure the company dynamic progress based on determining a level of the management and technological maturity. The advantages and disadvantages are determined by the methodology. The performed approbation has confirmed the approach validity and its usefulness. The approbation shows the reliability and unambiguity of interpreting results. To use it for bigger enterprises and corporations, it is not even necessary to change identification parameters.

  16. 75 FR 21718 - Canadian National Railway Company and Grand Trunk Corporation-Control-EJ&E West Company 1

    Science.gov (United States)

    2010-04-26

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

  17. Early stages of technology intensive companies

    OpenAIRE

    Muhos, M. (Matti)

    2011-01-01

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

  18. MINERGY CORPORATION GLASS FURNACE TECHNOLOGY EVALUATION: INNOVATION TECHNOLOGY EVALUATION REPORT

    Science.gov (United States)

    This report presents performance and economic data for a U.S. Environmental Protection Agency (EPA) Superfund Innovative Technology Evaluation (SITE) Program demonstration of the Minergy Corporation (Minergy) Glass Furnace Technology (GFT). The demonstration evaluated the techno...

  19. CORPORATE BOND MARKET OF REAL ESTATE DEVELOPMENT COMPANIES IN POLAND

    Directory of Open Access Journals (Sweden)

    Magdalena Gostkowska-Drzewicka

    2014-06-01

    Full Text Available The aim of the article examines the features that determine the attractivenessof bonds as a financing instrument for real estate development projects in Poland, and the share of debt securities and bonds in the financing structure of real estate development companies. The implementation of such a formulated purpose required the application of methods of statistical description. Research was conducted on the basis of data from the statistics made by Fitch Ratings Polska, Catalyst, Narodowy Bank Polski, Związek Banków Polskich and the financial statements of bond issuers. The basic research period covers the years 1998-2012. However, due to the lack of published data about the structure of financing of development companies, interest rates, the nominal value, the bond structure by the buyers, the type, the purpose of issuance and the form of security, long-term studies were reduced to shorter periods. Results of the research indicate that the corporate bond market of development companies was in the phase of intensive growth in 2004-2012. Availability of funds obtained through the issuance of bonds increased by the establishment of appropriate infrastructure in 2009. The downturn in the real estate market initiated a series of structural changes in the financing of development companies in 2008- 2009. High margins and restrictive creditworthiness assessment brought on a search for alternative sources of financing. Due to restrictions imposed by the Act of 29th April 2012on the protection of the buyer of a dwelling or a single-family-house, it became important to provide flexible funding sources for development projects, including bond issuances.

  20. Congeneration feasibility: Otis Elevator Company and Polychrome Corporation. Final report

    Energy Technology Data Exchange (ETDEWEB)

    Fox, H.

    1982-05-01

    This report summarizes an investigation of the technical and economic feasibility of cogenerating electric and thermal power at two manufacturing plants (Otis Elevator Company and Polychrome Corporation) located on neighboring properties in Yonkers, NY. Existing electrical- and steam-producing equipment and energy consumption date are summarized. Alternative cases examined include electrical energy generation, electrical energy generation with waste heat recovery and a combined cycle case. Also reported are life cycle cost economic evaluations including simple payback period and return-on-investment indices. While it was concluded that cogeneration of heat and electricity at these industrial plant sites would not be economically viable, this detailed study provides valuable insight into the types of problems encountered when considering cogeneration feasibility.

  1. Essays in technology adoption and corporate finance

    OpenAIRE

    Patel, Pratish

    2013-01-01

    This dissertation consists of three chapters that concern technology adoption and corporate finance. The first chapter analyzes the optimal investment strategy of two firms confronted with the option to adopt a new technology. The second chapter analyzes the link between debt maturity and term spread. The third chapter analyzes the role of debt financing on skyscraper heights.

  2. Patent portfolio structure for single technology companies

    OpenAIRE

    Hartwell, Ian P.

    2004-01-01

    Single technology companies (STCs) are defined in this thesis as companies that (a) have the fundamental rights to a new technology, (b) have development of that technology as their core competence, (c) seek to exploit that technology primarily by licensing the patent rights, and (d) are driven primarily by 'technology push'. These factors often result in much of the value of the STC residing in its patent portfolio. This in turn may place significant - and often conflicting - ...

  3. 75 FR 3251 - JP Morgan Chase and Company; JP Morgan Investment Banking, Global Corporate Financial Operations...

    Science.gov (United States)

    2010-01-20

    ... Company; JP Morgan Investment Banking, Global Corporate Financial Operations, New York, NY; Notice of... Company, JP Morgan Investment Banking, Global Corporate Financial Operations, New York, New York. The... support operations to/from a foreign country. The subject firm did not import services like or directly...

  4. 77 FR 33560 - Southwest Pennsylvania Railroad Company-Acquisition Exemption-Laurel Hill Development Corporation

    Science.gov (United States)

    2012-06-06

    ... Pennsylvania Railroad Company--Acquisition Exemption-- Laurel Hill Development Corporation Southwest... 49 CFR 1150.41 to acquire a 0.66-mile line of railroad owned by Laurel Hill Development Corporation... rail line. Most recently, in Southwest Pennsylvania Railroad Company--Acquisition Exemption--Laurel...

  5. 78 FR 72877 - Arkansas Electric Corporation v. Oklahoma Gas and Electric Company; Notice of Complaint

    Science.gov (United States)

    2013-12-04

    ... Electric Corporation v. Oklahoma Gas and Electric Company; Notice of Complaint Take notice that on November... Commission (Commission), 18 CFR 385.206, Arkansas Electric Corporation (Complainant) filed a formal complaint against Oklahoma Gas and Electric Company (Respondents), alleging that the Respondent's Production Formula...

  6. 76 FR 44323 - National Grid Transmission Services Corporation; Bangor Hydro Electric Company; Notice of...

    Science.gov (United States)

    2011-07-25

    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. EL11-49-000] National Grid Transmission Services Corporation; Bangor Hydro Electric Company; Notice of Petition for Declaratory Order Take..., 18 CFR 385.207, National Grid Transmission Services Corporation and Bangor Hydro Electric Company...

  7. 76 FR 82106 - Airworthiness Directives; Lockheed Martin Corporation/Lockheed Martin Aeronautics Company Airplanes

    Science.gov (United States)

    2011-12-30

    ... Certification Office (ACO), 1701 Columbia Avenue, College Park, Georgia 30337; phone: (404) 474-5554; fax: (404... airworthiness directive (AD) for certain Lockheed Martin Corporation/Lockheed Martin Aeronautics Company Model L..., Lockheed Martin Corporation/Lockheed Martin Aeronautics Company, Airworthiness Office, Dept. 6A0M, Zone...

  8. Factors effecting Corporate Social Responsibility disclosure ratings:an empirical study of Finnish listed companies

    OpenAIRE

    Roitto, A. (Artturi)

    2013-01-01

    Abstract As Corporate Social Responsibility (CSR) disclosure is becoming more common practise amongst companies, it is valuable to understand the underlying factors involved. The Goal of this thesis is to examine if the factors suggested by previous studies seem to have significance in a Finnish sample composed of 31 listed companies. As an ancillary research question linkage between Corporate Governance recommendation devi...

  9. 75 FR 51158 - BDB Company-Acquisition Exemption-Consolidated Rail Corporation

    Science.gov (United States)

    2010-08-18

    ... DEPARTMENT OF TRANSPORTATION Surface Transportation Board [Docket No. FD 35398] BDB Company--Acquisition Exemption--Consolidated Rail Corporation BDB Company (BDB), a noncarrier, has filed a verified notice of exemption under 49 CFR 1150.31 to acquire from Consolidated Rail Corporation a parcel of land...

  10. Information Technology Adoption, Corporate Governance and Bank Performance

    Directory of Open Access Journals (Sweden)

    Umi Muawanah

    2018-04-01

    Full Text Available Many academicians and practitioners have been acknowledging that information technology (IT adoption could improve company performance. However, previous research indicates contradictory evidence. These inconsistencies can be attributed to variations among the studies in choosing proxy for IT adoption and due to contingent on other factors. This research aims at analyzing the influence of a contingent factor that is corporate governance (CG concerning the effectiveness of IT adoption in influencing company performance measured by change in return on assets. Two proxies are used for IT adoption: company expenses on IT and the level of the organization managing IT. Data is collected and analyzed from annual reports of all banks listed in Indonesia Stock Exchange from 2011 to 2013. Multiple linear regression models are employed. This research shows that corporate governance practice could improve the effectiveness of IT adoption in improving company performance. This research implies that better CG practices in providing direction and monitoring on IT can lead to better company performance.

  11. Corporate social responsibility and corporate governance in Indonesian public listed companies

    Directory of Open Access Journals (Sweden)

    Ika Siti Rochmah

    2017-01-01

    Full Text Available This study aims to investigate whether theree has been a change in the level of corporate social responsibility (CSR disclosure and to examine whether corporate governance attributes influence CSR disclosure in corporate annual report of Indonesian public listed companies(PLCs. The annual reports of 115 PLC for two years (2011 and 2012 were analysed using content analysis. Multiple regression analysis was utilized to determine factors influencing CSR disclosure in annual reports. Consistent with expectations, the paired sample t-test showed that there was an increase (significant at the 1 percent level in the extent of CSR disclosure. The multiple regression analysis revealed that audit committee effectiveness and company’s size were positively associated with the extent of CSR disclosure (significant at 5 per cent level. The findings appear to suggest that The Indonesian Capital Market and Financial Institutions Supervisory Agency (Bapepam LK effforts in promoting CSR through the release of Regulation No X.K.6 in 2012 have had some positive impact on CSR disclosure in annual report. The results also suggest that the involvement of audit committee through its effectiveness in overseeing company’s financial reporting could lead to better concern in corporate social activities and hence disclosure in annual reports. This study however, has limitation that should be considered in interpreting the results. The regression model documented an R2 of 21.4 percent, which indicates that almost 80 percent of factors influencing CSR disclosure in Indonesian PLC have not been captured by the model. These other factors may perhaps be indentified in the next research.

  12. Econometric Study of the Relationship between Dimensions of Corporate Responsibility in the Multinational Companies

    OpenAIRE

    Grosu Maria

    2012-01-01

    Corporate Responsibility, seen as a fundamental principle of corporate governance, aims contribution must have companies in the development of the modern society. Although it is widely discussed in the literature, the association of corporate responsibility - multinationals assumes, that the globalization of business, multinational companies are ones that have to initiate socially responsible actions, in order to meet changing requirements interest of more sophisticated. Most studies focused ...

  13. Determining firm characteristics and the level of voluntary corporate governance disclosures among Malaysian listed property companies

    OpenAIRE

    Talpur Shabana; Lizam Mohd; Keerio Nazia

    2018-01-01

    This study examined the level of voluntary corporate governance disclosures and the influence of firm characteristics (i.e., firm size, firm age, and firm market listing) on the level of these disclosures among Malaysian property listed companies. The check-list to measure the voluntary corporate governance disclosures was adopted from Malaysian corporate governance index 2011 by Minority Shareholder Watchdog Group (MSWG). The voluntary corporate governance disclosure practices and firm speci...

  14. 26 CFR 1.851-6 - Investment companies furnishing capital to development corporations.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 9 2010-04-01 2010-04-01 false Investment companies furnishing capital to... Investment Trusts § 1.851-6 Investment companies furnishing capital to development corporations. (a) Qualifying requirements. (1) In the case of a regulated investment company which furnishes capital to...

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

    Science.gov (United States)

    Kourofsky, Carolyn E.

    1992-01-01

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

  16. The Influence of Shariah (Islamic Principles) Corporate Governance on Cross-Border Merger and Acquisitions Involving Islamic Companies in the Gulf Countries

    OpenAIRE

    Bindabel, Wardah Abdulrahman

    2017-01-01

    The central aim of the research is to examine whether cross-border Merger and Acquisitions (M&A) involving Islamic financial companies in three Gulf countries and non-Islamic financial companies from the Western countries is influenced by Shariah Corporate Governance (CG). Cross-border M&A is a corporate level strategy to achieve organisational growth and expansion through accessing new markets and additional strategic resources (knowledge, technology and complementary skills). Islamic financ...

  17. Economic Security of a Company in the Structure of the Mechanism of Corporate Control

    Directory of Open Access Journals (Sweden)

    Serdyukov Konstantin H.

    2017-12-01

    Full Text Available The spread of the corporate form of business management caused the emergence of specific problems associated with the need to harmonize the interests of owners of corporate rights within a single strategic line of conduct of a joint-stock company. The need to identify such problems and create contours for organization of their management regarding them as specific threats to corporate security has determined the direction of the study. That is why the aim of the article is bringing the processes of economic security management of a joint-stock company in line with the processes of distribution and implementation of its corporate control. The basis for achieving this goal is the model of the problematic area of forming a corporate control mechanism of a company based on the stakeholder approach to defining goals and objectives of corporate control. At the same time, the organization of corporate security management is based on the introduced classification criterion of threats. This criterion allows identifying specific threats that arise specifically in the sphere of corporate relations. The adoption of an architectural approach to the description of the mechanism of corporate control enabled determining the relationship between threats of different hierarchical levels. Management of the level of security is based on the introduction of practices to counter the threats that within the architectural model of a company are associated with stakeholders.

  18. 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

  19. Corporate social responsibility in coal industry (practices of russian and european companies)

    OpenAIRE

    Т. В. Пономаренко; Р. Вольник; О. А. Маринина

    2016-01-01

    Corporate social responsibility (CSR) is built on interaction between companies and the society which is especially important for major companies that exploit natural resources and play the role of city-forming socially significant entities. Various interpretations of the notion of social responsibility define the varying levels of influence companies have on the society, different levels of contribution of companies in the said process and the degree and level of implementation of CSR. The r...

  20. Applying Physics: Opportunities in Semiconductor Technology Companies

    Science.gov (United States)

    Redinbo, Greg

    2011-03-01

    While many physicists practice in university settings, physics skills can also be applied outside the traditional academic track. ~Identifying these opportunities requires a clear understanding of how your physics training can be used in an industrial setting, understanding what challenges technology companies face, and identifying how your problem solving skills can be broadly applied in technology companies. ~In this talk I will highlight the common features of such companies, discuss what specific skills are useful for an industrial physicist, and explain roles (possibly unfamiliar) that may be available to you.

  1. The Impact of Corporate Social Responsibility on the Investment Attractiveness of the Russian Companies

    Directory of Open Access Journals (Sweden)

    Natalia Removna Kelchevskaya

    2017-03-01

    Full Text Available Investigation of the impact of corporate social responsibility (CSR and environmental responsibility on the economic performance over the past decades has shown that the implementation of CSR is one of the key drivers of value creation. Disclosure of social policy is one of the key CSR areas, it reduces information asymmetry and also contributes to the company’s reputation, decreasing uncertainty and risk in the assessment of the internal environment. This study shows that the disclosure of CSR information is able to increase the investment attractiveness of companies, and reduce the cost of equity. In the last decade, Russian industry has accumulated considerable positive experience in the implementing and positioning of corporate social responsibility (CSR technologies, which has yet to be assessed. In this paper, we used the sample of social reports of 18 Russian companies in the period from 2004 to 2014. The authors provided content-analysis of information disclosure dimensions including staff training, social policy, charity and environmental responsibility. In contrast to other studies, the results show a comparatively moderate impact of disclosure on the cost of equity capital. Also, we found that different dimensions of the disclosure have an ambiguous impact on the investment attractiveness of companies. Our results allow formulating practical recommendations for the management of metallurgical, oil and gas Russian companies to increase their investment attractiveness, in particular, a prudent choice of CSR information for disclosure. The study is unique for the Russian practice of evaluating the effectiveness of CSR, as it is based on a sample of the largest industrial enterprises

  2. Emerging technologies and corporate culture at Microsoft: a methodological note.

    Science.gov (United States)

    Klein, David; Schmeling, James; Blanck, Peter

    2005-01-01

    This article explores factors important in the study and examination of corporate culture and change. The particular focus is on the technological methods used to conduct a study of accessible technology and corporate culture at Microsoft Corporation. Reasons for particular approaches are explained. Advantages and challenges of emerging technologies that store and retrieve information in the study of corporate culture are reviewed. 2005 John Wiley & Sons, Ltd.

  3. Corporate Diversification, Firm Value and State Ownership in Chinese Publicly Listed Companies

    OpenAIRE

    Liu, Yang

    2015-01-01

    Corporate diversification has long been a focused and deeply developed field, defined as the process of a company expand its business into different areas. There are mainly three different types of corporate diversification: product diversification (related or unrelated) and geographic market diversification (home market or international market). Our research is concentrated on the first form of diversification. In addition, the relationship between corporate diversification and firm valu...

  4. INTERNATIONALIZATION AND REGIONALIZATION OF CORPORATE MANAGEMENT PRACTICES OF COMPANIES IN ROMANIA

    OpenAIRE

    Maria GÂF-DEAC; Petru ROŞCA,

    2015-01-01

    In article it is recognized the advantages of internationalization and regionalization of companies and as such, managers and corporate directories of modern companies give its alternative to develop best management practices in the field. Indicators, performance indicators and key performance indicators identified and selected in the context investigated, showing commitment still low (unsatisfactory to satisfactory) Romanian firms in the positioning or repositioning in regional corporate ar...

  5. Corporate information transparency on the Internet by listed companies in Spain (IBEX35) and Mexico (IPYC)

    OpenAIRE

    Briano Turrent, Guadalupe C.; Rodr??guez Ariza, L??zaro

    2012-01-01

    Financial and non-financial disclosure play a central role in the functioning of capital markets. In this context, the Internet has been adopted as an effective mechanism for large companies to disseminate corporate information. The institutional theory approach has been applied to identify both formal (fundamentally legal and economic) and informal factors that significantly influence listed companies??? level of corporate transparency on the Internet. Our work aims to build on existing stud...

  6. 77 FR 2128 - Southwest Pennsylvania Railroad Company-Acquisition Exemption-Laurel Hill Development Corporation

    Science.gov (United States)

    2012-01-13

    ... DEPARTMENT OF TRANSPORTATION Surface Transportation Board [Docket No. FD 35584] Southwest Pennsylvania Railroad Company--Acquisition Exemption-- Laurel Hill Development Corporation Southwest... 49 CFR 1150.41 to acquire a number of rail lines now owned by Laurel Hill Development Corporation...

  7. Corporate social policy - problems of institutionalization and experience of Russian oil and gas companies

    Science.gov (United States)

    Nekhoda, E.; Kolbysheva, Yu; Makoveeva, V.

    2015-11-01

    The article examines a range of problems related to the process of institutionalization in the corporate social policy, characterizing the social responsibility of business and representing a part of the general strategy of corporate social responsibility. The experience of the social policy implementation in oil and gas companies is analyzed.

  8. 75 FR 43563 - Dow Jones & Company, Sharon Pennsylvania Print Plant a Subsidiary of News Corporation, West...

    Science.gov (United States)

    2010-07-26

    ..., Sharon Pennsylvania Print Plant a Subsidiary of News Corporation, West Middlesex, Pennsylvania; Notice of..., Sharon Pennsylvania Print Plant, a subsidiary of News Corporation, West Middlesex, Pennsylvania, was... between Dow Jones & Company, West Middlesex, Pennsylvania, and any Konica facility. The petitioner did not...

  9. 75 FR 67770 - General Motors Company, Formerly Known as General Motors Corporation, Orion Assembly Plant...

    Science.gov (United States)

    2010-11-03

    ..., Formerly Known as General Motors Corporation, Orion Assembly Plant, Including On-Site Leased Workers From Aerotek Automotive, Ryder and Premier Manufacturing Support Services, Lake Orion, MI; Amended... of General Motors Company, formerly known as General Motors Corporation, Orion Assembly Plant, Lake...

  10. Adoption of community engagement in the corporate culture of Australian forest plantation companies

    NARCIS (Netherlands)

    Gordon, M.; Lockwood, M.; Schirmer, Jacki; Vanclay, F.; Hanson, D.

    2013-01-01

    This paper provides practical insight into what can be done to improve the adoption of community engagement (CE) in the corporate culture of two Australian forest plantation companies. Previous research has identified that CE can be limited by corporate cultures that promote a narrow range of CE

  11. The goal(s of corporate rescue in company law: A comparative analysis

    Directory of Open Access Journals (Sweden)

    Anthony O. Nwafor

    2017-09-01

    Full Text Available The concept of corporate rescue lays emphasis on corporate sustainability than liquidation. This trend in corporate legislation which featured in the United Kingdom Insolvency Act of 1986, Australian Corporations Act 2001, Indian Sick Industrial Companies (Special Provisions Act of 1985 (as replaced by Companies Act, 2013 and supplanted by the Insolvency and Bankruptcy Code, 2016 has been adopted in the South African Companies Act of 2008. The goal(s of corporate rescue in some of these jurisdictions are not clearly defined. The paper examines, through a comparative analysis, the relevant statutory provisions in the United Kingdom, India, Australia and South Africa and the attendant judicial interpretations of those provisions with a view to discovering the goal(s of corporate rescue in those jurisdictions. It is argued that while under the United Kingdom and Australian statutory provisions, the administrator could pursue alternative goals of either rescuing the company or achieving better results for the creditors; the South African and Indian statutory provisions do not provide such alternatives. The seeming ancillary purpose of crafting a fair deal for the stakeholders under the South African Companies Act’s provision is not sustainable if the company as an entity cannot be rescued

  12. Corporate rebranding processes in small companies:a multiple case study from the B2B software industry

    OpenAIRE

    Juntunen, M. (Mari)

    2011-01-01

    Abstract The purpose of the present study is to build a theoretically based and empirically grounded framework that enables a better understanding of corporate rebranding processes among small companies. Corporate rebranding is addressed from a visual viewpoint concentrating on changes to corporate name and logo. The theoretical background is based on corporate branding, corporate rebranding and organisational change literature. The research setting is small software companies that op...

  13. Corporate Governance Best Practice and Stock Performance: Case of CEE Companies

    Directory of Open Access Journals (Sweden)

    Julia Bistrova

    2012-06-01

    Full Text Available Corporate governance (CG becomes a very essential factor to consider prior to investing in the company. A number of studies proved its importance on the developed equity markets. However, intuitively corporate governance should gain more importance due to high degree of uncertainty because of the unstable environment. In order to assess the influence of corporate governance quality on Central and Eastern European companies' stock performance, the CG assessment model, which includes 21 evaluation criteria, was developed. Based on the model rating, the companies with the highest CG quality (top 25% outperformed companies with the worst CG quality (bottom 25% by 0.98% on a monthly basis during the period of 2008 - 2010. Study demonstrate that companies with good CG quality are able to offer lower risk.

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

    Directory of Open Access Journals (Sweden)

    Hasan Fauzi

    2007-12-01

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

  15. Corporate communication and impression management - New perspectives why companies engage in corporate social reporting

    NARCIS (Netherlands)

    Hooghiemstra, R

    This paper addresses the theoretical framework on corporate social reporting. Although that corporate social reporting has been analysed from different perspectives, legitmacy theory currently is the dominating perspective. Authors employing this framework suggest that social and environmental

  16. Different perceptions of company leaders: Corporate social responsibility in Brazil and India

    Directory of Open Access Journals (Sweden)

    Mônica Cavalcanti Sá de Abreu

    2015-05-01

    Full Text Available This article evaluates corporate social responsibility strategies and efforts to implement them in a Brazilian oil and gas multinational and an Indian steel multinational. Qualitative research was conducted through interviews with executives of both companies, and a content analysis and comparison of approaches to corporate social responsibility and engagement with stakeholders were made. The evidence from this research shows that the type of corporate social responsibility adopted by each company depends on the ethical values, socio-economic environment, legal and institutional framework of the country in which the firm operates.

  17. 75 FR 39044 - Unisys Corporation, Technology Business Segment, Unisys Information Technology Division, Formerly...

    Science.gov (United States)

    2010-07-07

    ..., Technology Business Segment, Unisys Information Technology Division, Formerly Known as BETT, Including... Assistance on April 29, 2010, applicable to workers of Unisys Corporation, Technology Business Segment... employees under the control of the Plymouth, Michigan location of Unisys Corporation, Technology Business...

  18. Corporate Social and Ecological Responsibility of Russian Coal Mining Companies

    OpenAIRE

    Ravochkin Nikita; Shchennikov Vladimir; Syrov Vasiliy

    2017-01-01

    Based on the provisions of corporate social responsibility and taking into account the specifics of Russian mining enterprises, the authors attempt to understand theoretically the corporate social and environmental responsibility in this paper. The study shows that the essence of the principles of socially responsible behavior has ancient roots, while the consumer's attitude towards nature begins only in the era of modern times. The genesis, evolution and transformation of social responsibili...

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

    Directory of Open Access Journals (Sweden)

    Nazrul Hisyam Ab Razak

    2014-07-01

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

  20. An Integrated Model to Predict Corporate Failure of Listed Companies in Sri Lanka

    Directory of Open Access Journals (Sweden)

    Nisansala Wijekoon

    2015-07-01

    Full Text Available The primary objective of this study is to develop an integrated model to predict corporate failure of listed companies in Sri Lanka. The logistic regression analysis was employed to a data set of 70 matched-pairs of failed and non-failed companies listed in the Colombo Stock Exchange (CSE in Sri Lanka over the period 2002 to 2010. A total of fifteen financial ratios and eight corporate governance variables were used as predictor variables of corporate failure. Analysis of the statistical testing results indicated that model consists with both corporate governance variables and financial ratios improved the prediction accuracy to reach 88.57 per cent one year prior to failure. Furthermore, predictive accuracy of this model in all three years prior to failure is above 80 per cent. Hence model is robust in obtaining accurate results for up to three years prior to failure. It was further found that two financial ratios, working capital to total assets and cash flow from operating activities to total assets, and two corporate governance variables, outside director ratio and company audit committee are having more explanatory power to predict corporate failure. Therefore, model developed in this study can assist investors, managers, shareholders, financial institutions, auditors and regulatory agents in Sri Lanka to forecast corporate failure of listed companies.

  1. Multinational Companies, Technology Spillovers, and Plant Survival

    OpenAIRE

    Holger Görg; Eric Strobl

    2003-01-01

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

  2. OCCUPATIONAL SAFETY AND HEALTH– VECTOR OF CORPORATE SOCIAL RESPONSIBILITY IN ROMANIAN COMPANIES

    Directory of Open Access Journals (Sweden)

    Geanina Constanța SPĂTARU (PRAVĂȚ

    2015-11-01

    The purpose of this article is to investigate the local reports of the corporate social responsibility of the companies that function in Romania, through their own web page and to make an analysis of the occupational safety and health component as presented in the CSR reports of these companies.

  3. 77 FR 63275 - Airworthiness Directives; Lockheed Martin Corporation/Lockheed Martin Aeronautics Company Airplanes

    Science.gov (United States)

    2012-10-16

    ... Certification Office (ACO), 1701 Columbia Avenue, College Park, Georgia 30337; phone: 404-474-5554; fax: 404-474... directive (AD) that applies to all Lockheed Martin Corporation/Lockheed Martin Aeronautics Company Model L.../Lockheed Martin Aeronautics Company, Airworthiness Office, Dept. 6A0M, Zone 0252, Column P-58, 86 S. Cobb...

  4. English as a Lingua Franca in Nordic Corporate Mergers: Two Case Companies

    Science.gov (United States)

    Louhiala-Salminen, L.; Charles, M.; Kankaanranta, A.

    2005-01-01

    The article is based on findings from research into communication and language use in two international corporations, both formed as a result of a merger between a Swedish and a Finnish company. A questionnaire was sent to representatives of each case company, focusing on language use, communication practices, and cultural views. Using some of the…

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

    Directory of Open Access Journals (Sweden)

    POP Zenovia Cristiana

    2015-05-01

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

  6. 12 CFR 225.121 - Acquisition of Edge corporation affiliate by State member banks of registered bank holding company.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 3 2010-01-01 2010-01-01 false Acquisition of Edge corporation affiliate by... Acquisition of Edge corporation affiliate by State member banks of registered bank holding company. (a) The... of the holding company's Edge corporation subsidiary organized under section 25(a) of the Federal...

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

    OpenAIRE

    Ľudmila Nagyová; Mária Holienčinová; Ingrida Košičiarová; Tomáš Holota

    2016-01-01

    The degree of a company’s acceptance and integration of the CSR concept is directly reflected in the fundamental principles of the company. Through the environmental sustainability, a company can make a positive contribution to the society and the natural environment. Competitive and cost pressures are the key drivers of sustainable development in the industry. Today, many international food and drink companies are delivering excellent achievements. The present paper tries to highlight how mu...

  8. The protection of environmental interests through corporate governance: A South African company law perspective.

    Directory of Open Access Journals (Sweden)

    Anthony O Nwafor

    2015-07-01

    Full Text Available The quest to maximize profits by corporate administrators usually leaves behind an unhealthy environment. This trend impacts negatively on long term interests of the company and retards societal sustainable development. While there are in South Africa pieces of legislation which are geared at protecting the environment, the Companies Act which is the principal legislation that regulates the operations of the company is silent on this matter. The paper argues that the common law responsibility of the directors to protect the interests of the company as presently codified by the Companies Act should be developed by the courts in South Africa, in the exercise of their powers under the Constitution, to include the interests of the environment. This would guarantee the enforcement of the environmental interests within the confines of the Companies Act as an issue of corporate governance.

  9. Carmanah Technologies Corporation 2004 annual report

    International Nuclear Information System (INIS)

    2005-01-01

    British Columbia-based Carmanah Technologies is a world leader in the design, manufacture and supply of patented solar-powered light emitting diode (LED) lighting solutions. As a leading alternative energy manufacturer, it was the first company to integrate LEDs with solar chargers and battery power storage. Carmanah products have high-end assembly, minimal size, maximized performance and field-proven reliability. The products have been used in public transit applications, roadway lighting, and for general aviation lighting solutions. In 2004, their products saved the equivalent of 6,705 metric tonnes of carbon dioxide. This annual report includes information on the company's net earnings and investor profiles. The company has large markets for its products with little competition. It has a strong management team and its funding places it in a position to capitalize on current and emerging technologies. The company's energy resource activities were described and an operations review was presented along with consolidated financial statements and common share information such as assets, liabilities, revenues, expenses and cash flows. Revenue and expenditure statements were summarized by source. tabs., figs

  10. Corporate social responsibility as an important factor of business success in Croatian companies

    Directory of Open Access Journals (Sweden)

    Julia Perić

    2018-01-01

    Full Text Available Corporate social responsibility (CSR is becoming an increasingly important subject of public discussion because application of this concept does not only affect company’s business, but also the narrow and the wider community in which the company operates. The Republic of Croatia is an example of daily exposure of political and economic scandals, and the question arises to what extent the community and society are truly informed about the activities of many companies, and if there are written or unwritten laws and rules that seek to ensure adequate presence of morality in daily operations. The purpose of this study is to research the frequency of application of the concept of corporate social responsibility and code of ethics in companies (both public and private in the Republic of Croatia and their effect. The paper tries to answer two research questions: a how do Croatian companies perceive corporate social responsibility, and b is there a link between corporate social performance of the company and signing the Code of business ethics. The empirical part of the paper is based on an anonymous survey of 95 respondents employed in different companies. The following parameters were investigated: respondents’ sociodemographic characteristics, familiarity with the concept of CSR, application in companies, year of introduction in the company, areas of application, and the effect that the application of corporate social responsibility has on the company. Furthermore, the level of presence of the code of ethics, and its availability and success in preventing non-ethical behaviour in companies were examined. The application of CSR and ethical business practice in Croatia has been rising in the past decade, but in order for the implementation to be fully successful, detailed changes of educational, economic and political systems are necessary.

  11. Do Large Companies Have Lower Effective Corporate Tax Rates? A European Survey

    OpenAIRE

    Gaëtan Nicodème

    2007-01-01

    The current debate in corporate taxation is focusing on leveling the tax playing field within the European Union for companies operating across-countries. However, tax burdens could also vary with the size of companies within the same country, raising the question whether large companies pay their share of the burden. This paper uses firm-level data for 21 European countries between 1992 and 2004. The paper finds a robust negative correlation between the number of employees and the effective ...

  12. The South African companies act and the realisation of corporate ...

    African Journals Online (AJOL)

    Abstract. The Companies Act 71 of 2008 (the Companies Act) was promulgated in April 2009 and came into effect on 1 April. The purpose of this Act is, among other things, to promote compliance with the Bill of Rights as provided for in the Constitution of the Republic of South Africa, 1996 (the Constitution), in the application ...

  13. The Effect of Corporate Tax Avoidance on the Level of Corporate Cash Holdings: Evidence from Indonesian Public Listed Companies

    Directory of Open Access Journals (Sweden)

    Muhammad Irham Kurniawan

    2017-12-01

    Full Text Available This study aims to examine the effect of corporate tax avoidance to the corporate cash holdings. Recent tax avoidance research found that tax avoidance is able to facilitate managerial rent extraction in the form of transfer of resources owned by the company. This study attempts to test how the relationship of tax avoidance with the amount of cash held by the company. The sample consists of 46 non-financial, non-property, non-real estate and non-construction companies from 2009-2016, with a total 368 observations. The study uses two different cash holdings measures to test the robustness of the research results. This study cannot find evidence that tax avoidance have a significant relationship to the level of cash holdings in public companies in Indonesia. Both measurements of cash holdings gave the same conclusions to the results of the study. This study provides an insight that agency theory in the context of tax avoidance and corporate cash holdings in developing countries such as Indonesia needs to be explored further as the agency conflict in Indonesia as a developing country is more principal-principal conflicts.

  14. Have Trends in Corporate Environmental Management Influenced Companies' Competitiveness?

    DEFF Research Database (Denmark)

    Madsen, Henning; Ulhøi, John Parm

    2006-01-01

    . The question is, however, whether managers perceive corporate environmental initiatives as a challenge leading to new strategic options and, eventually, increased competitiveness, or whether they regard it as yet another burden. Based on a number of surveys, this paper discusses contemporary trends...

  15. Corporate Social and Ecological Responsibility of Russian Coal Mining Companies

    Directory of Open Access Journals (Sweden)

    Ravochkin Nikita

    2017-01-01

    Full Text Available Based on the provisions of corporate social responsibility and taking into account the specifics of Russian mining enterprises, the authors attempt to understand theoretically the corporate social and environmental responsibility in this paper. The study shows that the essence of the principles of socially responsible behavior has ancient roots, while the consumer's attitude towards nature begins only in the era of modern times. The genesis, evolution and transformation of social responsibility in Western countries in the twentieth century are traced. The necessity of taking into account the national social and cultural specifics of the domestic economy is substantiated instead of blind copying of foreign management practices. The difference in the formation of corporate social responsibility (CSR abroad and in Russia is shown. The list of facts and factors contributing to the formation of CSR in Russian realities is given. With regard to the coal industry enterprises inconsistencies have been identified. Their overcoming will allow the enterprises formulating strategies for corporate social and environmental responsibility. The advantages of social and environmental responsibility in comparison with the legal one are presented. In conclusion, the authors summed up the theoretical interpretation of the object claimed in the introduction.

  16. Corporate Social and Ecological Responsibility of Russian Coal Mining Companies

    Science.gov (United States)

    Ravochkin, Nikita; Shchennikov, Vladimir; Syrov, Vasiliy

    2017-11-01

    Based on the provisions of corporate social responsibility and taking into account the specifics of Russian mining enterprises, the authors attempt to understand theoretically the corporate social and environmental responsibility in this paper. The study shows that the essence of the principles of socially responsible behavior has ancient roots, while the consumer's attitude towards nature begins only in the era of modern times. The genesis, evolution and transformation of social responsibility in Western countries in the twentieth century are traced. The necessity of taking into account the national social and cultural specifics of the domestic economy is substantiated instead of blind copying of foreign management practices. The difference in the formation of corporate social responsibility (CSR) abroad and in Russia is shown. The list of facts and factors contributing to the formation of CSR in Russian realities is given. With regard to the coal industry enterprises inconsistencies have been identified. Their overcoming will allow the enterprises formulating strategies for corporate social and environmental responsibility. The advantages of social and environmental responsibility in comparison with the legal one are presented. In conclusion, the authors summed up the theoretical interpretation of the object claimed in the introduction.

  17. An empirical analysis of a private company's corporate social ...

    African Journals Online (AJOL)

    Breweries (SAB), as part of their corporate social investment, runs the SAB ... development programme and to use the findings as a benchmark for subsequent comparative studies .... Judged by the information on the application form, the ..... taking into account the fact that South Africa has a relatively young population, with.

  18. Corporate Failure Prediction of Public Listed Companies in Malaysia

    Directory of Open Access Journals (Sweden)

    Qaiser Rafique Yasser

    2015-02-01

    Full Text Available This paper aims to extent the prediction model of financial distress among Malaysian public listed companies from period 2006 to 2010. Altman Z-Score Models was used to identify classification on three main zones which are safe, grey or distress zone. The results specify that 56 % of listed companies were classified as ‘distress zone’, 24 % are known as ‘grey zone’ while 20 % are classified in ‘safe zone’. Two likely to fail companies was correctly predict at distress zone which Z-Score was lower than 1.81. Moreover, the findings show most of the companies were facing financial distress during global financial crisis on 2008. Industrial transportation and industrial engineering sectors are generally classified as ‘safe zone’ while food and staplers retailing, real estate investment and services and industrial metals and mining sectors are classified as ‘distress zone’.

  19. Employee participation in corporate governance: implications for company resilience

    NARCIS (Netherlands)

    Kleinknecht, R.H.

    2015-01-01

    How do works councils and employee board-level representation affect company performance? Research on employee participation provides mixed and sometimes contradictory findings. This article argues that the performance effects of employee participation depend on the business cycle. Specifically, the

  20. Evaluating Internal Technological Capabilities in Energy Companies

    Directory of Open Access Journals (Sweden)

    Mingook Lee

    2016-03-01

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

  1. Determining firm characteristics and the level of voluntary corporate governance disclosures among Malaysian listed property companies

    Directory of Open Access Journals (Sweden)

    Talpur Shabana

    2018-01-01

    Full Text Available This study examined the level of voluntary corporate governance disclosures and the influence of firm characteristics (i.e., firm size, firm age, and firm market listing on the level of these disclosures among Malaysian property listed companies. The check-list to measure the voluntary corporate governance disclosures was adopted from Malaysian corporate governance index 2011 by Minority Shareholder Watchdog Group (MSWG. The voluntary corporate governance disclosure practices and firm specific characteristics were obtained from annual reports of property listed companies on Bursa Malaysia for the period of 2012 to 2015. The findings suggested an improving voluntary corporate governance reforms in Malaysia. However, the firm size was found as an inflicting factor in determining the level and quality of voluntary corporate governance disclosure practices. On the contrary, the results found were contradicting the hypothesis related to firm age and firm market listing, as no relation of voluntary corporate governance disclosures and firm age and firm market listing. The study has made an interesting contribution toward the disclosure and corporate governance by contributing in understanding the importance of quality disclosure and good governance practices.

  2. Perception of Corporate Social Responsibility in companies of Eastern Slovakia region in 2009 and 2010

    Directory of Open Access Journals (Sweden)

    Iveta Ubrežiová

    2013-01-01

    Full Text Available The article deals with the perception of Corporate Social Responsibility in companies of Eastern Slovakia region in 2009 and 2010. It aims to evaluate the survey performed in selected companies with the aim to find answers to the research questions (concerning the rate of perception of Corporate Social Responsibility, the evaluation of using a concept in the company, the importance of engagement in this area and so on and with the assistance of selected methods for the examination. Different companies have framed different definition. Our own definition is that Corporate Social Responsibility is about how companies manage the business processes, to produce an overall positive impact on society. Holme said that Corporate Social Responsibility is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society. Stakeholders are persons, groups or organizations that has direct or indirect stake in companies actions, objectives and policies (include creditor’s customers, directors, employees, government, owners, suppliers, unions and the community. Based on findings and a comparison of the results is made focusing on stakeholder’s area, and suggestions are offered for the improvement in areas examined.

  3. RELEVANCE OF CORPORATE GOVERNANCE MODELS IN COMPANIES DEVELOPMENT, IN CONTEXT OF THE GLOBAL CRISIS

    Directory of Open Access Journals (Sweden)

    LUMINIŢA CECILIA CRENICEAN

    2012-05-01

    Full Text Available Although the existing confusion regarding the concept of corporate governance persists, its role on sustainable maximize corporate values and providing high performance is undeniable. Moreover, the test of a corporate governance effectiveness model is the measurement in which it succeed to achieve the main objective, namely, that the company's perspective to maximize value to shareholders. In the economic crisis, it requires that by those systems in which companies are managed and controlled has to interact directly with social responsibility and business ethics held by those entities. It is expected that corporate managers have an efficient economic behavior, different from that of members of governments and economic decline that records do not meet current socio-economic situation

  4. Analysing Company Strategy: The Case of EMC Corporation

    OpenAIRE

    Zheng Wei Lun, William

    2007-01-01

    Despite the wide acceptance of David's [41] Comprehensive Strategic Management Model, there exist a number of challenges in the application of the model in practical strategic management cases. The main objective of this paper is to research for an improved model that can be used in conducting an executive level strategic planning effectively and efficiently, and test the methodology using EMC Corporation case. A practical strategic planning model for the top management, called an Ex...

  5. CORPORATE GOVERNANCE, OWNERSHIP STRUCTURE AND CORPORATE DIVERSIFICATION: EVIDENCE FROM THE MALAYSIAN LISTED COMPANIES

    Directory of Open Access Journals (Sweden)

    Ayoib Che Ahmad

    2003-01-01

    Full Text Available Previous research has contributed much to our understanding of the relationship between corporate diversification strategy and corporate governance quality. The majority of published works has been on sophisticated and mature markets in first world nations. This paper extends previous knowledge by examining this relationship in a developing country. Malaysia is a developing country that provides a rich setting for corporate governance research. The structure of the business environment and the availability of published data make it an interesting research site.The results showed that outside blockholding especially non-institutional blockholding was negatively associated with diversification. However, evidence of significant relationship between managerial ownership and diversification was not found although the directions were generally as expected. Similarly, good corporate governance was shown to reduce diversification activities. The variable for separate board structure was consistently significant in most of the estimations. However, the other measure of corporate governance namely the proportion of outside directors was not as significant as might be expected. The study opens the way for a richer understanding of the links between corporate governance, ownership structure and corporate diversification in a developing country.

  6. THE ROLE OF CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE TOWARD COMPANY STOCK PRICE CRASH RISK

    Directory of Open Access Journals (Sweden)

    Handiyono M.Y.

    2017-08-01

    Full Text Available This study aims to analyze the influence of corporate social responsibility disclosure to company stock price crash risk. If socially responsible companies are committed to high standards of information transparency and do not hide bad news, they will have a low risk of crash. However, if the manager reports CSR to distract the stakeholder from bad news, the CSR will be associated with a high risk of the company stock crash. The study was conducted at Indonesian manufacturing companies registered on the IDX (BEI for the 2010-2015 period Hypothesis testing technique used a multiple regression analysis. The results showed that activities of the corporate social responsibility disclosure by the company did not have a significant relationship to the risk of the company stock price crash. This study also found that companies that conduct and report social responsibility activities simultaneously have a low risk of crashes on their company's stock price but cannot prove the relationship between the two. The implication is that social accountability reports in Indonesia are still limited to reports only and have not been considered as anything that can contribute to add value to the company or that may prevent the company from unethical behavior.

  7. Effectiveness of corporate governance structure: An alternative metric on the performance of listed Chinese companies

    Directory of Open Access Journals (Sweden)

    Yuan George Shan

    2008-11-01

    Full Text Available We analyse a panel data set covering the years 2001 to 2005 and comprised of a stratified sample of A, AB and AH non financial companies listed on China’s Shanghai and Shenzhen stock exchanges to provide empirical evidence on the influence of corporate control and governance characteristics on the quality and independence of corporate decision making in these companies. The characteristics considered are the level of concentration in and type of ownership of the companies, particularly high levels of government and foreign ownership, and the composition (expertise and size of the companies’ two boards. Performance outcomes, and by association the quality and independence of corporate policy decisions, are measured in the form of firm bad debt to accounts receivable ratio (BD/AR. We find that for our sample firms’ concentration of ownership, including state and foreign ownership, and board size and independence are significant factors in determining the levels of the bad debt ratio.

  8. Corporate social responsibility practices of pharmaceutical companies in China: a scale development & empirical study

    OpenAIRE

    Qian Yiyun

    2017-01-01

    JEL Classification: M14 - Corporate Culture; Social Responsibility; I11 - Analysis of Health Care Markets Corporate Social Responsibility (CSR) has been a hot topic in literature ever since a couple of decades ago, and it roughly refers to the positive influence that a company’s operations have on its stakeholders. Amongst various industries, the pharmaceutical sector is one of the most debated in that these companies produce disease-curing and even life-saving products in a for-profit man...

  9. RANKING OF COMPANIES ACCORDING TO THE INDICATORS OF CORPORATE SOCIAL RESPONSIBILITY BASED ON SWARA AND ARAS METHODS

    Directory of Open Access Journals (Sweden)

    Darjan Karabasevic

    2016-05-01

    Full Text Available Corporate sector and companies have recognized the importance of implementation of strategy of corporate social responsibility in order to increase the company's image and responsibility towards society and the communities where they operate. Multinational companies in their everyday activities and operations pay more attention to sustainable models of corporate social responsibility. The focus of this paper is to identify the indicators of corporate social responsibility and to rank companies according to the indicators. Proposed framework for evaluation and ranking is based on the SWARA and the ARAS methods. The usability and efficiency of the proposed framework is shown on an illustrative example.

  10. CORPORATE SOCIAL RESPONSIBILITY AS A COMPETITIVE STRATEGY: THE CASE OF HUMAN COMPANY

    Directory of Open Access Journals (Sweden)

    Daniela Castro Murillo

    2013-07-01

    Full Text Available Human Company, a 100% Costa Rican business, through its brand Eco Sunrise has achieved to produce biodegradable goods under a socially responsible approach. This paper is aimed at evaluating how these practices influence the Company’s competitiveness levels using the PRISMA method and the CINBAGE matrix. Therefore, the general objective is to determine whether Corporate Social Responsibility (CSR is a competitive strategy for Human Company, for which the Company must identify advantages and obstacles faced by SMEs in regards to CSR, evaluate each of the areas comprising the Company’s CSR, quantify the Company´s competitiveness, and determine how CSR influences competitiveness.

  11. The systematic risk study in technology companies at Brazil

    Directory of Open Access Journals (Sweden)

    Marcio Marcelo Belli

    2017-09-01

    Full Text Available This work tested if brasilian technology companies has a greater systematic risk than traditional companies in Brazil. For to achieve tje purpose, two companies samples , one of technology companies and the other of traditional companies, were composed. The tecnique employed was a multiple regression analysis considering a dichotomous variable wich represents the technological factor and another numerical variable wich represents the intangibility degree of  companies. As a dependent variable was considered the CAPM systematic risk. The results indicated that technology companies have a greater systematic risk than traditional companies regardless of the degree of intangibility.

  12. Internal corporate governance mechanisms and audit report lag: A study of Malaysian listed companies

    Directory of Open Access Journals (Sweden)

    Ummi Junaidda Binti Hashim

    2012-11-01

    Full Text Available This study attempts to investigate the link between corporate governance mechanisms and audit report lag for companies listed on Bursa Malaysia from 2007 to 2009. The 288 companies listed on Bursa Malaysia have been randomly selected. The corporate governance mechanisms examined include the board of directors and audit committee. It shows that there are significant negative relationships between board diligence, audit committee independence and expertise. The higher the number of meetings being held indicates that the board is discharging their role towards the company. The results show that audit committee independence and audit committee expertise could assist in reducing audit report lag among companies in Malaysia. Its provide some evidence supporting the resource based theory, whereby characteristics of the audit committee, such as the resources and capabilities, could improve companies’ performance as well as corporate reporting.However, it could not provide any evidence concerning the link between board independence, board expertise, CEO duality and audit committee diligence on audit report lag. This study provides comprehensive examination of ARL on Malaysian listed companies for three years period. It is consider the initial study to provide a thorough examination of the association between corporate governance characteristics and ARL.

  13. Corporate Social Responsibility to Employees: The Best Labour Practices in Transport and Logistics Companies

    Directory of Open Access Journals (Sweden)

    Katarzyna Turoń

    2016-06-01

    Full Text Available The paper focuses on corporate social responsibility to employees in the context of transportation and logistics companies. It raises the issues related to the good practices of CSR in relation to labour practices. The study also discusses the approach to employees as stakeholders of the company. The transport and logistics branch is selected for analysis, due to its importance for the economy and the necessity of implementation the corporate social responsibility policy. The aim of the paper is to identify and assess ethics and labour practices in the context of logistics companies. It is achieved through the analysis of practices included in the companies’ CSR reports and reports ‘Responsible business in Poland’ issued by the Responsible Business Forum. The analysis is realized on the case of the two top companies that received the “CSR leaf” – a prestigious award for responsible business.

  14. Corporate Financial Structure of Nonfinancial Quoted Companies in Nigeria

    Directory of Open Access Journals (Sweden)

    Wakeel Atanda Isola

    2015-09-01

    Full Text Available Corporate financing decision of firms has remained a debatable issue in both corporate and academic discussions. The present study aims to investigate the factors responsible for the financing decision of firms in Nigeria. To achieve this, 63 nonfinancial firms listed on the Nigerian stock exchange were selected based on data availability for the period of 2001 to 2010. Financial firms were excluded because of their similar regulatory framework and in order to ease the comparability of results. While most studies focused on debt-ratio as a measure of leverage, the present study uses the ratio of total debt and total assets. The empirical findings from the static panel regression analysis confirms that Nigerian firms tends toward internal financing through retained earnings, equity and other short term funds, against long term financing majorly through debts and other long term loans. One factor that could be said to account for this decision is the ill developed bond market in the country as well as the accessibility of firms to long term finances from the existing sources that is marred with high interest rates and huge collaterals.

  15. CORPORATE GOVERNANCE AND PERSONAL LIABILITY IN TERMS OF SECTION 424(1 OF THE COMPANIES ACT OR SECTION 64(1 OF THE CLOSE CORPORATIONS ACT

    Directory of Open Access Journals (Sweden)

    Johann Basson

    2012-01-01

    Full Text Available

    ENGLISH ABSTRACT: TThe author poses the question: "In knowingly becoming a party to the conducting of corporate business, within which boundaries must I operate so as not to become personally liable for all or any of such debts or other liabilities of the corporation as the Court may direct in terms of section 424(1 of the Companies Act 61 of 1973 or section 64(1 of the Close Corporations Act 69 of 1984?"
    The answer to this question may prove to be of paramount importance to members of the scientific and engineering fraternity who become involved in corporate governance, whether in a technology advisory capacity, in a managerial capacity, or otherwise.

    AFRIKAANSE OPSOMMING: Die outeur stel die volgende vraag: "Indien ek wetens as 'n party betrokke raak by die bedryfvan 'n maatskappy, binne welke grense moet ek optree om persoonlike aanspreeklikheid te vermy vir al of enige van die skulde of ander verpligtinge van die maatskappy soos die Hof mag gelas ingevolge artikel 424(1 van die Maatskappywet, No. 61 van 1973 of artikel 64(1 van die Wet op Beslote Korporasies, No. 69 van 1984?"
    Die antwoord op hierdie vraag mag van groot belang wees vir lede van die wetenskap- en ingenieursberoepe wat op die een of ander manier betrokke raak by die bedryf van ' n maatskappy, hetsy in 'n tegnologie-adviserende hoedanigheid, in 'n bestuurshoedanigheid ofandersins.

  16. Marketing technologies for building competitiveness of companies export

    Directory of Open Access Journals (Sweden)

    Tatyana Tsygankova

    2017-03-01

    Full Text Available In context of post-industrial development of global economy, escalating competition in international goods markets, the definition of competitive export is proposed based upon both existing criteria – sustainability, effectiveness, adaptivity and fair competition, and on those described in the work – ecological performance, service maintenance, brand awareness and high technology. Given that, it is proved that with the aim of detailing the elements of competitive export, the latter should be typified depending upon the performer (export competitiveness of a company, country, region and subject (export competitiveness of goods, services, rights upon intellectual property objects, keeping in mind universal and specific features of export criteria proposed to be characterised through a range of indices on corporate and state levels. Groups of factors affecting export competitiveness building are systematized (institutional, financial and economic, marketing, foreign trade, scientific and technological, resource-related and social and ecological. Marketing technologies are typified on corporate level under the following criteria: novelty, object, creative component availability, internationalization stages, international marketing forms, digitalization level, management functions, customer-centreness scale, international marketing activity stages, financial security, specific features of intercorporate coordination. The practice of applying international marketing technologies by companies is investigated. In context of necessity to overcome crisis phenomena and increase competitive export volume, an assessment is made of integrating national manufacturing into regulated global chains of creating added value with the relevant rating, in particular, depending upon the available potential, minimality of technical and organizational changes, marketing relevancy, enabling to determine the manufacturing areas most prepared to cooperation, and

  17. Quality of environmental disclosure by multi-national oil companies: a corporate governance perspective

    OpenAIRE

    Babatunde, A.

    2005-01-01

    Over the past few years, concern about the issue of environmental sustainability\\ud has increased considerably. Closely linked to this concern is the growing disquiet\\ud over the increasing pervasiveness of multi-national companies, especially oil\\ud companies, in shaping global politics and economics. Consequently, increased\\ud awareness about the environment has led to calls for better management of global\\ud resources and for ways in which to make the corporations that benefit the most\\ud ...

  18. Company's Benefits in Corporate Social Responsibility in Hospitality Industry

    OpenAIRE

    Wijaya, Aditya Suryadinata

    2014-01-01

    The application of CSR in service oriented industries like tourism, restaurant and hotel are considered important because of their direct relation with the environment or their high energy consumption. Through this thesis, author wants to encourage managers in hospitality industries to adopt CSR in its business, by giving an explanation and clearance of how company can received many benefits by applying CSR into its business. The goal of this thesis is determine a real connection between impl...

  19. Corporate reporting on risks: Evidence from Spanish companies

    Directory of Open Access Journals (Sweden)

    Luis Rodríguez Domínguez

    2014-07-01

    Likewise, the results obtained emphasize the complexity of the voluntary revelation of risks. While an extended management board might improve the provision of more detailed information about the risks required by the current regulation, it tends to adopt a conservative policy of reporting concerning the voluntary disclosure. Moreover, we show the relevance of transparency as a deterrent for providing voluntary information by larger companies, due to the concerns about negative strategic repercussions.

  20. Piercing of corporate veil of nuclear companies; Durchgriffshaftung der Atomkonzerne

    Energy Technology Data Exchange (ETDEWEB)

    Frenz, Walter [RWTH Aachen Univ. (Germany). Lehr- und Forschungsgebiet Berg-, Umwelt- und Europarecht

    2015-11-15

    The Federal Ministry of Economics plans that the nuclear companies with all their assets to cover disposal costs can be used where a power plant operator is governed by its parent company, hence the latter Capital or voting majority of the operators holding or these passes; To date, the parent company is liable only limited and not more than five years after the end of the domination of one Subsidiary, oparating a power plant. In this way, prevents ultimately the public sector and thus the Taxpayers have to pay for the long-term consequences of the use of nuclear energy. Until now ensured paragraph 303 AktG a group law Secondary liability the parent companies of the operating company in the case of of termination of the control and profit transfer agreements is very limited for the nuclear liabilities, namely in two ways: The claim is only focused on the backup performance and not at the expense of acquisition and Moreover, according to the case law limited of five years after its foundation; for the area of transformation law comparable rules are valid. thereby the dismantling of a nuclear power station takes just already for 20 years and a final repository is expected before 2050 not be available. [German] Das Bundeswirtschaftsministerium plant, dass die Atomkonzerne mit ihrem ganzen Vermoegen zur Deckung der Entsorgungskosten herangezogen werden koennen, soweit ein Kraftwerksbetreiber von seinem Mutterkonzern beherrscht wird, mithin Letzterer die Kapital- oder Stimmrechtsmehrheit an dem Betreiber haelt bzw. diesen leitet; bislang haftet der Mutterkonzern nur eingeschraenkt und hoechstens fuenf Jahre nach Beendigung der Beherrschung einer Tochtergesellschaft, die ein Kraftwerk betreibt. Auf diese Weise wird verhindert, dass letztlich die oeffentliche Hand und damit der Steuerzahler fuer die Spaetfolgen der Kernenergienutzung zahlen muss. Bislang gewaehrleistet paragraph 303 AktG eine konzernrechtliche Nachhaftung der Muttergesellschaften der

  1. Corporate governance and internationalization of capital of brazilian companies of the sectors construction and transports

    Directory of Open Access Journals (Sweden)

    Anna Beatriz Grangeiro Ribeiro Maia

    2013-08-01

    Full Text Available The study aims at analyzing comparatively the representativeness of foreign capital in the capital of Brazilian companies of the sectors construction and transports, considering their segments on the BM&FBovespa. The internationalization of the 66 companies in the sample was measured by the percentage of the company's share capital held by foreign investors, and governance by the company's participation on the “Differentiated Level of Corporate Governance” (DLCG segments of BM&FBovespa. Using a descriptive and a quantitative study, the results of applying the Mann-Whitney test for the percentage of foreign capital in the capital of DLCG firms and of companies listed on the traditional market indicate that there is a difference statistically significant between the two groups of firms, confirming the hypothesis of this research. The conclusion is that governance is a sign of the internationalization of capital companies, confirming the efficiency of the administration based on the theory of transaction costs.

  2. SITE - DEMONSTRATION BULLETIN - MINERGY GLASS FURNACE TECHNOLOGY - MINERGY CORPORATION

    Science.gov (United States)

    The Glass Furnace Technology (GFT) was developed by Minergy Corporation (Minergy), of Waukesha, Wisconsin. Minergy originally developed vitrification technologies to process wastewater sludge into glass aggregate that could be sold as a commercial product. Minergy modified a st...

  3. Corporate social responsibility in coal industry (practices of russian and european companies

    Directory of Open Access Journals (Sweden)

    Т. В. Пономаренко

    2016-12-01

    Full Text Available Corporate social responsibility (CSR is built on interaction between companies and the society which is especially important for major companies that exploit natural resources and play the role of city-forming socially significant entities. Various interpretations of the notion of social responsibility define the varying levels of influence companies have on the society, different levels of contribution of companies in the said process and the degree and level of implementation of CSR. The relations between social responsibility and economic results and the effects of implementing CSR policies are often not obvious.This study offers an assessment of present-day state of corporate social responsibility policies in coal companies of Russia and Poland and formulates proposals on implementing social responsibility projects with consideration of state-of-the-art CSR concepts.The results of the study are as follows: the achieved level of social responsibility in coal companies of Russia and Poland has been assessed; it is proven that most companies in the coal industry are at the level of fragmentary application of CSR concepts; an analysis has been carried out of tools available in the area of social responsibility of coal companies.

  4. Complexity and corporate governance: an analysis of companies listed on the BM&FBOVESPA

    Directory of Open Access Journals (Sweden)

    Renata Rouquayrol Assunção

    2017-03-01

    Full Text Available ABSTRACT In light of the need to develop mechanisms of control, protection, and transparency regarding the relationships between principal and agent, and with the aim of eliminating or reducing the agency problem, corporate governance has emerged. Based on Agency Theory, separation of ownership and control of activities derives from the complexity of organizations. In this context, this study aims to analyze the relationship between dimensions of complexity and corporate governance in companies listed on the São Paulo Stock, Commodities, and Futures Exchange (BM&FBOVESPA, in which contingency factors might influence organizational characteristics. The investigation gathers data from a sample of 162 companies listed on the BM&FBOVESPA. The following statistical tests were used in the data analysis: Factor Analysis, Multiple Linear Regression, Correspondence Analysis, and Correlation Analysis. For measuring complexity, contingency variables such as age, size, diversification, and internationalization were adopted; and, to assess corporate governance, a representative index of the adoption of good governance practices was used. The results show that organizational complexity is explained by the size and diversification variables, whereas operational complexity is explained by the size, diversification, and internationalization variables. It was observed that in the two dimensions of complexity - organizational and operational - corporate governance was influenced by the diversification, internationalization, and age variables, with the latter involving an inverse relationship. It is concluded that companies displaying more complexity, in its two dimensions, record a higher level of corporate governance, which confirms the research hypothesis.

  5. Corporate life cycle as determinant of capital structure in companies of Czech automotive industry

    Directory of Open Access Journals (Sweden)

    Pavlína Pinková

    2012-01-01

    Full Text Available The issue of capital structure choice belongs to fundamental strategic financial decisions. A variety of potential determinants was suggested by theoreticians; however, the corporate life cycle was considered of peripheral importance, and thus the relationship between corporate life stages and capital structure was investigated only exceptionally. Both concepts were in the meantime developed separately. Recently, it has appeared that the aforementioned relation has become a subject of increased interest of the researches as a way to better understanding of how the corporate funding is changing in the course of time. The main objective of this paper is to investigate the impact of corporate life cycle on the capital structure of companies. For the purpose of the article quantitative research is used. The sample consists of fifty companies belonging to NACE division 29, manufacture of motor vehicles, trailers and semi-trailers. The data come from financial statements of the chosen companies and mostly cover a period since their start-up till year 2010. First, the method based on cash flow patterns is applied for the identification of firm’s life cycle. Next, the methods of descriptive statistics and the hypothesis test about a population proportion are used. The paper explores the relationship between capital structure and corporate life cycle. The empirical study is performed to support theoretical findings.

  6. Challenges of Corporate Governance in State-Owned Companies – Croatian Perspectives

    Directory of Open Access Journals (Sweden)

    Boris Crnković

    2011-12-01

    Full Text Available The term corporate governance is related to the agency problem, which is also known as the principalagent problem. In the microeconomic theory the relationship between principal and agent refers to the situation when the owner of the business and the manager running the business are not the same person. In such a case ownership and management are separated, which is a good situation for managers, who can use it to promote some of their own goals which do not necessarily have to correspond to the objectives of the business, i.e. owner of the business. The term corporate governance may also include the way in which owners of the business successfully motivate managers to act in the best interest of the owner of the business, thus maximising the company’s profit. The relationship between the principal and the agent in case of state-owned companies is two-fold (citizens – politicians and politicians – managers. Therefore corporate governance in state-owned companies faces specific challenges. From the perspective of the Republic of Croatia it is clear that progress in the privatisation process cannot be expected soon due to political and economic reasons. Therefore it is necessary to ensure an efficient system of corporate governance in state-owned companies to ensure protection of the interests of the state, i.e. the citizens in state-owned companies.

  7. State ownership and corporate performance: A quantile regression analysis of Chinese listed companies

    NARCIS (Netherlands)

    Li, T.; Sun, L.; Zou, L.

    2009-01-01

    This study assesses the impact of government shareholding on corporate performance using a sample of 643 non-financial companies listed on the Chinese stock exchanges. In view of the controversial empirical findings in the literature and the limitations of the least squares regressions, we adopt the

  8. CORPORATE SOCIAL RESPONSIBILITY: VOICE OF THE WORKFORCE IN A MULTINATIONAL COMPANY

    Directory of Open Access Journals (Sweden)

    Petrache Ana-Maria

    2009-05-01

    Full Text Available The paper identifies in a valuable manner an attribute of corporate social responsibility, represented by the care towards internal stakeholders. Taking the pulse of the human resources also rebounds into signals given to the company on how to reestablish

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

    Science.gov (United States)

    Zhao, Crystal L.

    2005-01-01

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

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

    NARCIS (Netherlands)

    Graafland, J.J.; Smid, H.

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

  11. 76 FR 58416 - Airworthiness Directives; Lockheed Martin Corporation/Lockheed Martin Aeronautics Company Model L...

    Science.gov (United States)

    2011-09-21

    ... Aircraft Certification Office (ACO), 1701 Columbia Avenue, College Park, Georgia 30337; phone: 404- 474... Airworthiness Directives; Lockheed Martin Corporation/Lockheed Martin Aeronautics Company Model L-1011 Series...). SUMMARY: We propose to adopt a new airworthiness directive (AD) for certain Model L-1011 series airplanes...

  12. 77 FR 20522 - Airworthiness Directives; Lockheed Martin Corporation/Lockheed Martin Aeronautics Company Airplanes

    Science.gov (United States)

    2012-04-05

    ..., Airframe Branch, ACE-117A, FAA, Atlanta Aircraft Certification Office (ACO), 1701 Columbia Avenue, College... airworthiness directive (AD) for all Lockheed Martin Corporation/Lockheed Martin Aeronautics Company Model L... the manufacturer's original fatigue design life goal. This new AD adds Model L-1011-385-3 airplanes to...

  13. 76 FR 48049 - Airworthiness Directives; Lockheed Martin Corporation/Lockheed Martin Aeronautics Company Model L...

    Science.gov (United States)

    2011-08-08

    ... Aircraft Certification Office (ACO), 1701 Columbia Avenue, College Park, Georgia 30337; phone: 404- 474... Corporation/Lockheed Martin Aeronautics Company Model L-1011 Series Airplanes AGENCY: Federal Aviation... existing airworthiness directive (AD) that applies to Model L-1011-385-1, L-1011-385-1-14, and L-1011- 385...

  14. Have trends in adoption of corporate environmental management influenced companies' competitiveness?

    DEFF Research Database (Denmark)

    Madsen, Henning; Ulhøi, John Parm

    2003-01-01

    Corporate environmental management turned into a more formulated concept and a new managerial discipline two to three decades ago. Many companies have fully or partly adopted the concept in their efforts to eliminate or reduce the impacts on the natural environment caused by their business...... activities. The question is, however, if managers envisage corporate environmental initiatives as a challenge leading to strategic options, which at the end may influence the competitive situation of a company or are they seen as just another burden? Based on a series of surveys this paper reports...... on the trends in implementing corporate environmental management in Danish industry up till the entrance of the new millennium in order to identify if there has been any related effects on the competitiveness....

  15. 12 CFR 225.115 - Applicability of Bank Service Corporation Act in certain bank holding company situations.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 3 2010-01-01 2010-01-01 false Applicability of Bank Service Corporation Act... Applicability of Bank Service Corporation Act in certain bank holding company situations. (a) Questions have... Service Corporation Act (Pub. L. 87-856, approved October 23, 1962) in cases involving service...

  16. An Examination of Corporate Spin-Offs on Company Performance and Shareholder Value

    OpenAIRE

    Scicluna, Karl

    2015-01-01

    The aim of this study is to examine the implications of corporate spin-offs on company performance and shareholder value. The study uses both event study and accounting-based study methodologies to assess the stock price response of parent companies to the announcement of spin-offs, and to analyse the long-run operating performance of spin-offs for both parent and subsidiary companies. The study focuses on UK and US firms between 2001 and 2011. Evidence collected from the ev...

  17. Reputation of multinational companies: Corporate social responsibility and internationalization

    Directory of Open Access Journals (Sweden)

    Javier Aguilera-Caracuel

    2017-10-01

    Full Text Available Purpose - The purpose of this paper is to use stakeholder theory as the theoretical reference framework to study the influence of internationalization (geographic international diversification and social performance on multinational companies’ (MNCs reputation. Design/methodology/approach - The authors confirm the research hypotheses using a sample of 113 US MNCs in the chemical, energy and industrial machinery sectors during the period 2005-2010. Findings - This study contributes to the literature in three ways. First, it incorporates literature on internationalization to study the possible connection between geographic international diversification and social performance in MNCs. Second, it sheds light on the debate between corporate social responsibility (CSR and the reputation of MNCs in a very diverse transnational context in which MNCs must meet the needs of stakeholders at both local and global levels. Third, it incorporates the mediating role of social performance in the relationship between geographic international diversification and the firm’s reputation. Originality/value - Prior studies have hardly analyzed this relationship, which becomes especially relevant for MNCs, since their implementation of advanced CSR practices in the different markets in which they operate will gain them a good reputation, not only in specific local contexts but also globally, benefitting the organization as a whole and enabling it to gain internal consistency (improvement in internal efficiency, transparency and legitimacy.

  18. Nanotechnology, voluntary oversight, and corporate social performance: does company size matter?

    Science.gov (United States)

    Kuzma, Jennifer; Kuzhabekova, Aliya

    2011-04-01

    In this article, we examine voluntary oversight programs for nanotechnology in the context of corporate social performance (CSP) in order to better understand the drivers, barriers, and forms of company participation in such programs. At the theoretical level, we use the management framework of CSP to understand the voluntary behavior of companies. At the empirical level, we investigate nanotech industry participation in the Environmental Protection Agency's Nanoscale Materials Stewardship Program (NMSP) as an example of CSP, in order to examine the effects of company characteristics on CSP outcomes. The analysis demonstrates that, on the average, older and larger companies for which nanotech is one of the many business activities demonstrate greater CSP as judged by company actions, declarations, and self-evaluations. Such companies tended to submit more of the requested information to the NMSP, including specific information about health and safety, and to claim fewer of the submitted items as confidential business information. They were also more likely to have on-line statements of generic and nano-specific corporate social responsibility principles, policies, and achievements. The article suggests a need to encourage smaller and younger companies to participate in voluntary oversight programs for nanotechnology and presents options for better design of these programs.

  19. Nanotechnology, voluntary oversight, and corporate social performance: does company size matter?

    International Nuclear Information System (INIS)

    Kuzma, Jennifer; Kuzhabekova, Aliya

    2011-01-01

    In this article, we examine voluntary oversight programs for nanotechnology in the context of corporate social performance (CSP) in order to better understand the drivers, barriers, and forms of company participation in such programs. At the theoretical level, we use the management framework of CSP to understand the voluntary behavior of companies. At the empirical level, we investigate nanotech industry participation in the Environmental Protection Agency’s Nanoscale Materials Stewardship Program (NMSP) as an example of CSP, in order to examine the effects of company characteristics on CSP outcomes. The analysis demonstrates that, on the average, older and larger companies for which nanotech is one of the many business activities demonstrate greater CSP as judged by company actions, declarations, and self-evaluations. Such companies tended to submit more of the requested information to the NMSP, including specific information about health and safety, and to claim fewer of the submitted items as confidential business information. They were also more likely to have on-line statements of generic and nano-specific corporate social responsibility principles, policies, and achievements. The article suggests a need to encourage smaller and younger companies to participate in voluntary oversight programs for nanotechnology and presents options for better design of these programs.

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

    Directory of Open Access Journals (Sweden)

    Juan Andres Bernal-Conesa

    2016-11-01

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

  1. Brief: Information technology outsourcing -- one company's experience

    International Nuclear Information System (INIS)

    Klochko, J.W.; Bester, L.W.

    1994-01-01

    To address the pressures of the 1990's business climate, Amoco Canada Petroleum Co. Ltd. went through an aggressive evaluation and restructuring of its business operations. This precipitated a critical review of its information technology (IT) strategy with a goal of maintaining effectiveness while reducing overall costs. To meet the challenge of substantially reducing expenses while continuing to maintain effective service levels, the company entered a 5-year agreement to outsource its data center and network operations. this paper discusses the business forces that brought Amoco Canada to consider outsourcing, the processes surrounding the outsourcing decision, and the results to date. The authors demonstrate that by understanding the role of IT in its business plans, the company successfully met its outsourcing objectives

  2. Diversification and Corporate Performance: Evidence from China’s Listed Energy Companies

    Directory of Open Access Journals (Sweden)

    Qiming Li

    2016-09-01

    Full Text Available Recently, China’s energy industry has been continuously depressed due to a slowdown in its economic development. China’s energy companies have made considerable efforts to promote their corporate performance to mitigate this performance decline and to ensure the sustainable development of China’s energy industry, macro economy, society and environment. In this paper, the effects of two business strategies—industrial diversification and international diversification—on the performance of listed energy firms are empirically investigated. The empirical results show the following: (1 industrial diversification hinders corporate performance; (2 for industrially-diversified energy companies, related diversified strategies are more effective than unrelated diversified strategies; and (3 international diversification improves the performance of renewable energy firms, but hinders the performance of conventional energy firms. These results suggest that as economic conditions are not currently optimal, China’s energy companies should pay more attention to their main businesses and generate more products to satisfy market demand.

  3. Potential Beneficiaries Of Cloud Accounting Technology: Small Or Large Companies?

    Directory of Open Access Journals (Sweden)

    Bogdan Ştefan Ionescu

    2013-05-01

    Full Text Available The article addresses the issue of Cloud Computing concept from the perspective of its implications on the business environment. In this respect we have analyzed the changes brought by the new technology which come to connect the discontinuities between the IT solutions adopted by small and medium organizations and those adopted by large corporations. The article analyzes the benefits and limitations of cloud both in terms of small companies and in terms of more developed entities. Whatever the size and type of organization but especially for SMEs Cloud provides a competitive advantage by providing access to affordable, reliable and flexible IT solutions that allows them to operate more efficiently among their competitors in the market.

  4. The Influence of Corporate Governance and Ownership Concentration on Company Performance - Evidence from Bucharest Stock Exchange

    Directory of Open Access Journals (Sweden)

    Iuliana Oana MIHAI

    2013-12-01

    Full Text Available The main purpose of this study was to explore whether the current corporate governance mechanisms have an impact on the company’s performance in Romania. The importance of this study is given by the following reasons. Firstly, the study will contribute to the existing literature concerning corporate governance impact on firm performance of listed firms in Romania. Secondly, the result of this study will help interested parties to evaluate the level of compliance of recommendations made in the Corporate Governance Code. The study was conducted for the companies listed on BSE, in the first category. The financial companies and the credit institutions were excluded from the sample. The final sample included 15 companies. Return on Assets, Return on Equity and Return on Sales were used for measuring the performance of the firm. The corporate governance was measured with three variables: total numbers of board members, the percentage of independent members on the board and CEO duality. The ownership concentration was measured with the fraction of shares held by the largest top three shareholders having over 10% and Herfindal index. Econometric tools like multiple linear regressions were used for analysis. The results of the study suggest that there is a positive significant link between firm performance and proportion of independent members of the board.

  5. Model Recommended Values of Corporate Culture for Industrial Companies in Slovak Republic

    Directory of Open Access Journals (Sweden)

    Urbanovičová Petra

    2017-09-01

    Full Text Available The main objective of the paper is to describe the recommended values model of corporate culture and supporting business performance for industrial companies operating in the Slovak Republic. This model was developed on the basis of research results within the STU Project to support young researchers entitled “Changing the potential of the company´s success using the principles of spiral management and its impact on corporate culture”. The current paper is a part of submitted VEGA project No.1/0348/17 “The impact of the coexistence of different generations of employees on the sustainable performance of organisations”. This model will be the basis for defining corporate values and developing or changing corporate culture for the companies operating on or coming (from abroad to the Slovak market. The characteristic features of the value model are simplicity, complexity and applicability. This model takes into account the current situation on the Slovak market. The values of this model have a different level of significance given and each value is defined by the specified principles.

  6. The Effect of Corporate Governance on Firms’ Capital Structure of Listed Companies in Sri Lanka

    Directory of Open Access Journals (Sweden)

    Bulathsinhalage Siromi

    2017-06-01

    Full Text Available There is a great awareness among the researchers to carry out researches on corporate governance and it contributes to the firms’ competitive advantage and business success. In today’s turbulent economic environment, competitiveness has become more important than ever for a firm’s survival and success. However, there is a gap in studies focusing on corporate governance and capital structure in the context of Sri Lanka. The aim of this study is to empirically investigate whether attributes of corporate governance affect decisions on capital structure of listed companies in Sri Lanka. The sample of the study consisted of 138 non-financial listed companies for five-year period from 2009 to 2013. Board size, board composition, leadership structure, board committees, and managerial ownership were used as corporate governance variables whereas debt ratio as the measure of capital structure and return on assets (ROA and firm size as control variables. The variables were empirically tested by multiple regression analysis. The findings revealed that there is no significant effect of corporate governance attributes except board composition & board committee on capital structure. The variable of board composition has a significant positive effect and board committee has a negative effect on capital structure.

  7. TheBrain Technologies Corporation: Collapsing the Time to Knowledge.

    Science.gov (United States)

    Misek, Marla

    2003-01-01

    TheBrain was created to take advantage of the most powerful information processor in existence - the human mind. Explains products of TheBrain Technologies Corporation,, which has developed computer interfaces to help individual users and corporations organize information in ways that make sense to them in the proper context. Describes a…

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

    Directory of Open Access Journals (Sweden)

    Čibukčić Fuad

    2017-01-01

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

  9. Corporate values as related to occupation, gender, age, and company size.

    Science.gov (United States)

    Thumin, F J; Johnson, J H; Kuehl, C; Jiang, W Y

    1995-07-01

    A mail survey was used to study the perceived importance of 15 corporate values among advertising personnel, CPAs, and business school professors. Excellent customer service, ethical behavior, and product quality were perceived as highly important by all groups. Political activity and contribution to the community were seen as relatively unimportant. There was general agreement that it was more important to make a fair profit than to maximize profits. A number of corporate values were significantly related to occupational group, gender, age, and company size.

  10. OVERVIEW OF THE STATE OF CORPORATE SOCIAL RESPONSIBILITY WITHIN MULTINATIONAL COMPANIES

    Directory of Open Access Journals (Sweden)

    CODRUŢA DURA

    2012-12-01

    Full Text Available In the near future, multinational companies should play a crucial role in supporting and developing a responsible corporate behavior from social, as well as ecological point of view, within the globalization framework. Thus, the process of globalization and liberalization of markets, of goods and services, must be accompanied by the real progress towards an effective system of global governance, with its own social and environmental dimensions. The paper dwells upon the diagnosis of the current state of corporate social responsibility within the international business environment, substantiated on the basis of a study carried out in 2010 by the American scientific and professional organization Business for Social Responsibility (BSR.

  11. The relationship between corporate governance and capital structure of Brazilian companies during 2000-2013 period

    Directory of Open Access Journals (Sweden)

    Camila Veneo Campos Fonseca

    2016-08-01

    Full Text Available The purpose of this study is to explore the impact of corporate governance practices on capital structure of 252 Brazilian non-financial public listed companies between 2000 and 2013. Panel data econometric techniques were used, with the adoption of a System Generalized Methods of Moments estimator in order to control the potential sources of endogeneity between ownership structure and governance practices. Results show evidence that high corporate governance levels improved the access to debt capital and increased the debt maturity.

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

    Directory of Open Access Journals (Sweden)

    Valentin Florentin Dumitru

    2011-11-01

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

  13. Applying Blockchain Technology: Evidence from Norwegian Companies

    Directory of Open Access Journals (Sweden)

    Anne H. Gausdal

    2018-06-01

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

  14. CORPORATE GOVERNANCE IN THE INTEGRATED REPORTING FRAMEWORK: DISCLOSURE OF BRAZILIAN COMPANIES PARTICIPANTS IN THE PILOT PROJECT

    Directory of Open Access Journals (Sweden)

    Ana Cristina Silva Abreu

    2016-07-01

    Full Text Available This paper analyzes how Brazilian companies adhered the IIRC’s framework for integrated reporting, regarding the content element of corporate governance. The 2013 annual reporting of each company were analyzed consonants to the IIRC's framework using qualitative analysis. Categories were created for adherence of information provided by companies and applied content analysis for this purpose. Results suggest that the framework, although not being adopted integrally by the companies, was used as guide for their disclosure practices. Among other observed results for each of framework topics, BRF S.A, CPFL Energia and Itaú Unibanco disclosure practices featured as examples of adherence for the IIRC model and the inherent principles integrated in the report.

  15. Corporate social responsibility in shaping the media image of the company

    Directory of Open Access Journals (Sweden)

    Magdalena Andrejczuk

    2010-06-01

    Full Text Available Enterprises frequently employ Corporate Social Responsibility (CSR to create a positive brand image in the media. To further good relations with stakeholders, companies create an image before their customers by their participation in public campaigns and information in advertisements employing elements of CSR. Discussing this practice, I will highlight aspects of this phenomenon in the context of consumer opinion about advertisements. Some examples of companies show that Cause Related Marketing (CRM and public campaigns are becoming more significant in the strategies of cause related companies. Enterprises at all costs want to buy their way into the favour of stakeholders, and through various marketing actions they try to build a strong brand and position in this way. In spite of the low evaluation of advertisements and the decline in confidence in them, enterprises aim to convince everyone that they are socially responsible companies.

  16. The Role of Internal Audit in Optimization of Corporate Governance at the Groups of Companies

    Directory of Open Access Journals (Sweden)

    Ionel BOSTAN

    2010-02-01

    Full Text Available Recent financial scandals have demonstrated that the risk of accounting fraud may be vague in any type of economic system. In this context, transparency of information, indispensable element for competitiveness in the market is an efficient operation of systems of corporate governance and especially of control systems. All these must be appropriate in the legislation in terms of external information. The issue of governance will thus be seen as a fundamental pillar against pressures which induce at the fraud as a result of lack of transparency of information flows. In all models of corporate governance, external regulations cover a primary role in ensuring the effectiveness of controls, but remain central the responsibility of entities to adopt a virtuous mechanism as an internal control profile. An example in this sense of "best practice" may be represented by the multinational companies that have known to harmonize the national rules with the typical instruments of other models of governance. The authors have established that the main objective in this work is the evaluation model of governance already existing in a group of companies in accordance with the principles of corporate governance. In the first part of the work it was made a comparitive analysis between the models of corporate governance, focusing on the role of transparency of communication, the primary tool in prevention of frauds, the link between information and prevention of frauds being independent of the model of corporate governance adopted, by the structure of organization and the control mechanisms. The work continued throughout the first part, with the role of internal audit in preventing the accounting fraud, given that any type of government, regardless of how it is configured and the reference market in which we find, to be considered efficiently must provide an appropriate control mechanisms, able to intervene in critical situations and to protect the interests of all

  17. FINANCING THE NEEDS AND GROWTH OF COMPANIES BY ISSUING CORPORATE BONDS

    Directory of Open Access Journals (Sweden)

    MERI BOSHKOSKA

    2016-04-01

    Full Text Available Financing through the capital market has many advantages over other types of external financing companies such as avoiding dependence on bank credits, access to a wider base of investors, collecting a relatively large amount of asset as well as longer maturity dates. The companies need to secure additional financial assets so they can maintain the current liquidity, as well as for their development and growth. These assets can be taken from internal as well as external financial sources. The purpose of this paper is to analyze the most common source which Macedonian companies use for financing for their current and developmental activities. Special emphasis is placed on how familiar Macedonian companies are with the process of bonds issuance for financing their working processes and how much they use it. The basic instrument for data collection was a questionnaire that was designed in three categories with 25 questions in order to be able to collect information about which is the most common financial source that surveyed companies prefer and how many of them are familiar and use the process of issuing corporate bonds. The results indicates that Macedonian corporate bonds market is undeveloped which is verified by the fact that company’s managers and owners are unprepared and unfamiliar with the advantages and procedure of bond issuance.

  18. The association between corporate social responsibility disclosure of cigarette company and company’s financial performance

    Directory of Open Access Journals (Sweden)

    Desy Ratna Yuwita Amelia

    2017-01-01

    Full Text Available This research examines the association between Corporate Social Responsibility (CSR disclosure and financial performances-Return on Assets (ROA, Return on Equity (ROE, and Stock Return-within the cigarette companies listed on Indonesian Stock Exchange. This research used 3 cigarettes companies; PT Gudang Garam Tbk., PT Hanjaya Mandala Sampoerna Tbk., and PT Bentoel Internasional Investama. Simple linear regression is used to examine the association between CSR disclosure and the cigarettes companies’ financial performance. The study reveals that the disclosure of CSR only has positive influences toward Return on Assets; yet, it does not correlate with the Return on Equity and Stock Return.

  19. IPO AS AN EFFECTIVE INSTITUTION AND A PRECONDITION OF CORPORATE RESTRUCTURING FOR AGRICULTURAL COMPANIES

    Directory of Open Access Journals (Sweden)

    D. Baiura

    2015-06-01

    Full Text Available The key factors of investment attractiveness of the agricultural sector of Ukraine and the need to finance its development through the use of the IPO are analyzed. The main advantages and disadvantages received by any company after passing the IPO are demonstrated. The analysis of the results of the IPO of agricultural enterprises of Ukraine is conducted. Such areas of corporate restructuring as organization of a new corporate structure, bringing system of a corporate governance to the principles of OECD, increased transparency of financial – economic and not financial reporting, optimization of financial management and business process, and also appropriate measures for each of these areas in order to ensure an effectiveness of the IPO are proposed.

  20. The Link between Corporate Social Performance and Financial Performance: Evidence from Indonesian Companies

    Directory of Open Access Journals (Sweden)

    Hasan Fauzi

    2007-06-01

    Full Text Available This study examines the relationship of corporate social performance (CSP to corporate financial performance (CFP to determine if CSP is related to firm performance.  Additionally, it examines whether firm size or industry affects the relationships between CSR and CSP. This study  advances the literature as it examines this relationship for companies in a developing country, Indonesia, along with examining the impact of moderating variables on this relationship. Two models were developed: the first model was derived using slack resource theory and the second model was developed using the good management theory. Through the examination of 383 firms, the result of the study failed to find a significant relationship between CSP and CFP in either model.  Further analysis, using the slack resource theory, did find that company size had a significant positive moderating effect on the relationship between CSP and CFP.

  1. Corporate governance, cultural factors and voluntary disclosure: Evidence from selected companies in Bangladesh

    Directory of Open Access Journals (Sweden)

    M. Akhtaruddin

    2012-01-01

    Full Text Available This research aims to test empirically the relationship between corporate governance, cultural factors and voluntary disclosure by the listed companies in Bangladesh. The corporate governance factors examined are proportion of independent non-executive directors (INDs, board leadership structure, management ownership, board size and audit committee size. The extent of voluntary disclosure level is measured using 68 items of information. Data are taken from annual reports of the listed companies in Bangladesh. The result shows a positive association between board size, board leadership structure, audit committee size and voluntary disclosure. However, no evidence is found to support the contention that independent directors are associated with increased disclosure, consistent with previous studies. Higher education of the CEO and CFO is positively related to the level of voluntary disclosure. The result also indicates that the extent of voluntary disclosures is negatively associated with a higher management ownership.

  2. Employee Identification with Corporate Values within the Danish Windmill Company NEG Micon

    DEFF Research Database (Denmark)

    Andersen, Mona Agerholm

    2008-01-01

    This paper presents the findings of a holistic study of the communication processes during a corporate value implementation within the Danish windmill company NEG Micon. This implies firstly a study of the different processes of management's formulation, construction and communication of the value...... statement and secondly, how the employees receive the values. The paper illuminates the potential problems that may occur during such a process and offer recommendations for future value implementation efforts in organisations....

  3. MARKETING TECHNIQUES: RHETORICAL STRATEGIES IN CEOs’ LETTERS INTRODUCING CORPORATE SOCIAL RESPONSIBILITY REPORTS OF THE COMPANIES

    Directory of Open Access Journals (Sweden)

    Anca GÂŢĂ

    2014-05-01

    Full Text Available This paper provides limited but new details on the rhetoric of Chief Executive Officers’ letters to stakeholders. We analyze CEOs’ letters to which introduce Corporate Social Responsibility reports for 2012 of several US large companies. The analysis is rooted in discourse analysis, rhetoric, and the theory of argumentation. It yields significant results to be later valued in the field of Business Ethics.

  4. Mining for solutions, extracting discord: corporate social responsibility and canadian mining companies in Latin America

    OpenAIRE

    Stevens, Julie Ann

    2009-01-01

    While the mining industry generates many benefits to society, the industry has in some cases had a detrimental impact on affected communities. This paradox, manifested in the unequal distribution of costs and benefits amongst stakeholders, has prompted widespread scrutiny of the mining industry. Critique of the industry has questioned whether mining provides an economically, environmentally and socially sustainable model of development. Mining companies are increasingly adopting Corporate Soc...

  5. Corporate Governance in Shareholding Companies: Comparing Legal Perspective and Position of Shari’ah

    OpenAIRE

    Aznan, H.; Harith Amir Hasan Al Timimi

    2015-01-01

    This study examines the concept of corporate governance in shareholding companies and the legal perspective in comparison with the position of Shari’ah. The purpose of governance is to instil confidence among the stakeholders that the Boards of Directors are applying a diligent legal and administrative framework, to avoid potential administrative and financial failures and corruption. The study has proceeded by defining the concept of governance from linguistics, accounting, administrat...

  6. Danske virksomheders socialt ansvarlige arbejde: Danish companies work with corporate social responsibility (CSR)

    OpenAIRE

    Kejser, Anders

    2013-01-01

    This project will clarify how Danish companies work with CSR (Corporate social responsibility) and which underlying structure is behind this. This will be looked upon in a critical realistic perspective. Trough the analysis which includes Edward R. Freemans stakeholder theory, Ann K. Buchholtz and Archie B. Carroll description of the legitimization theory, and the collected quantitative and qualitative empirical data, will the above be illuminated. Trough the projects newly emerged data, will...

  7. Association between firm characteristics and corporate voluntary disclosure: Evidence from Turkish listed companies

    Directory of Open Access Journals (Sweden)

    Ali Uyar

    2013-12-01

    Full Text Available Purpose: This paper empirically investigates the factors that impact voluntary information disclosure level of Turkish manufacturing companies listed in the Istanbul Stock Exchange (ISE. Design/methodology/approach: The methodology of the study is content analysis of annual reports of the corporations listed on the ISE for the year 2010. Findings: The findings provide evidence of a positive association between voluntary information disclosure level and the variables such as firm size, auditing firm size, proportion of independent directors on the board, institutional/corporate ownership, and corporate governance. However, leverage and ownership diffusion were found to have negative significant association with the extent of voluntary disclosure. The remaining variables, namely, profitability, listing age, and board size were found to be insignificant. Research limitations/implications: Since this study was conducted solely on listed manufacturing companies, the results may not be generalizable to non-listed and non-manufacturing industries. The study has some implications for firms, auditors, investors, and regulators. All these parties play an important role in improving the transparency and disclosure practices of corporations. Originality/value: We extend previous research on the determinants of voluntary information disclosure in the emerging market context.

  8. Model Recommended Values of Corporate Culture for Industrial Companies in Slovak Republic

    Science.gov (United States)

    Urbanovičová, Petra; Mikulášková, Justína; Čambál, Miloš

    2017-09-01

    The main objective of the paper is to describe the recommended values model of corporate culture and supporting business performance for industrial companies operating in the Slovak Republic. This model was developed on the basis of research results within the STU Project to support young researchers entitled "Changing the potential of the companýs success using the principles of spiral management and its impact on corporate culture". The current paper is a part of submitted VEGA project No.1/0348/17 "The impact of the coexistence of different generations of employees on the sustainable performance of organisations". This model will be the basis for defining corporate values and developing or changing corporate culture for the companies operating on or coming (from abroad) to the Slovak market. The characteristic features of the value model are simplicity, complexity and applicability. This model takes into account the current situation on the Slovak market. The values of this model have a different level of significance given and each value is defined by the specified principles.

  9. Corporate Governance in Shareholding Companies: Comparing Legal Perspective and Position of Shari’ah

    Directory of Open Access Journals (Sweden)

    Aznan, H.

    2015-12-01

    Full Text Available This study examines the concept of corporate governance in shareholding companies and the legal perspective in comparison with the position of Shari’ah. The purpose of governance is to instil confidence among the stakeholders that the Boards of Directors are applying a diligent legal and administrative framework, to avoid potential administrative and financial failures and corruption. The study has proceeded by defining the concept of governance from linguistics, accounting, administrative, and legal perspectives. The study also discusses the stands of international organisations on the issue of corporate governance. Then, it is proceeded by discussing the concept of corporate governance from Shari’ah point of view. The study found that even with the absence of the term “company governance” in Islamic Law, the concept of corporate governance is in line with the Shari’ah and that their scholars have clearly referred to it in their literature. The study has used the descriptive, analytical, inductive and comparative methodology in analyzing the subject matter.

  10. Bank Risk Profile, Good Corporate Governance And Company Values in Banking Companies Go Public in Indonesia

    Directory of Open Access Journals (Sweden)

    Susi Retna Cahyaningtyas

    2017-06-01

    Full Text Available The latest Bank Indonesia Regulation No.14/18/PBI/2012 requires bank to have minimum capital of 8%-14% depends on the risk profile of each bank. Therefore, the main objective of this research is to assess whether the total of inherent risk profile of each bank meets the terms of this regulation. In addition, this study aims to examine the impact of inherent risk profile and GCG on the banking company value. The sample in this study is determined by purposive sampling method and resulted in 24 banks or 72 observations during 2011-2013. The results showed that 23 banks had low risk and low to moderate risk, and only one bank had moderate risk. The results also showed that inherent risk profile rating is equivalent to capital adequacy. In other words, inherent risk profile of these banks have complied with Bank Indonesia Regulation No.14/18/PBI/2012. Furthermore, this study indicated that GCG has significant and positive influence on the company value, while the inherent risk has no influence on the company value. Overall, this study suggest that go public banks in Indonesia are one of good alternative means of investment for its soundness as reflected by the fulfillment of minimum capital ratio required by the regulator.

  11. Corporate social responsibility of the 100 largest Indian companies – an analysis of website communication

    Directory of Open Access Journals (Sweden)

    Avinash Mulky

    2013-01-01

    Full Text Available Corporate social responsibility has become an important concept in the business world in recent decades. CSR is important in all countries but is particularly relevant in emerging markets where the levels of human development are not high. The United Nations Development Programme has created the Human Development Index (HDI to measure the human development in countries. The present study analyzes the CSR communication on the websites of the 100 largest Indian companies. The objective was to examine the reported CSR activities and determine whether the activities address the dimensions and indicators of the HDI. The study uses content analysis to classify the CSR activities into categories corresponding to HDI parameters. The findings indicate that about two thirds of the companies are using their websites to communicate CSR. Of the companies which reported CSR, about eighty percent report support for primary education and about seventy percent undertake livelihood support activities. The level of corporate involvement in the health dimension of human development is quite low. Reduction of infant and maternal mortality does not get much corporate attention. This study will add to the literature on CSR in emerging markets and will be useful for firms in India and other emerging markets that are planning CSR activities aimed at human development parameters.

  12. The making of corporate identities through a plural corporate language. A comparative study on French and Italian Food companies

    Directory of Open Access Journals (Sweden)

    Maria Margherita Mattioda

    2014-06-01

    Full Text Available The present study analyzes the linguistic and cultural dimensions which emerge from international companies working in those economic and social contexts, which are, at present, more cash-like and uncertain. The multilingual communication adopted by such companies is the result of their position on the market and of their own identity and culture. It also reveals an ongoing process of negotiation between several elements: a language identity source, which highlights the origins, history, geographic, social and cultural affiliation (national, regional, and professional, a target otherness, which may be more or less defined (by country or in relation to a universal extent and which is increasingly multicultural, and a ‘source otherness’, which arises from considering “soi-même comme un autre” to communicate extensively. The present study will shed light on some communicative choices at both language and culture levels in the corporate sites of some Italian and French food companies (Lavazza, Ferrero, Barilla, Lactalis, Fleury-Michon, Bonduelle, Bomgrain. The aim is to identify specific (“connotative” items that in some way denote cultural permeability, a layer between convention and “hybridization”.

  13. Practice management companies. Creating sound information technology strategies.

    Science.gov (United States)

    Cross, M A

    1997-10-01

    Practice management companies are becoming more prominent players in the health care industry. To improve the performance of the group practices that they acquire, these companies are striving to use updated information technologies.

  14. Carbon capture and storage as a corporate technology strategy challenge

    International Nuclear Information System (INIS)

    Bowen, Frances

    2011-01-01

    Latest estimates suggest that widespread deployment of carbon capture and storage (CCS) could account for up to one-fifth of the needed global reduction in CO 2 emissions by 2050. Governments are attempting to stimulate investments in CCS technology both directly through subsidizing demonstration projects, and indirectly through developing price incentives in carbon markets. Yet, corporate decision-makers are finding CCS investments challenging. Common explanations for delay in corporate CCS investments include operational concerns such as the high cost of capture technologies, technological uncertainties in integrated CCS systems and underdeveloped regulatory and liability regimes. In this paper, we place corporate CCS adoption decisions within a technology strategy perspective. We diagnose four underlying characteristics of the strategic CCS technology adoption decision that present unusual challenges for decision-makers: such investments are precautionary, sustaining, cumulative and situated. Understanding CCS as a corporate technology strategy challenge can help us move beyond the usual list of operational barriers to CCS and make public policy recommendations to help overcome them. - Research highlights: → Presents a corporate technology strategy perspective on carbon capture and storage (CCS). → CCS technology is precautionary, sustaining, cumulative and situated. → Decision-makers need to look beyond cost and risk as barriers to investment in CCS.

  15. Impact of Corporate Governance on Diversification in Finance Companies: Evidence from Malaysia

    OpenAIRE

    KALLAMU, Basiru Salisu

    2016-01-01

    Abstract. The board of directors performs a very important role in formulating and monitoring the strategy of a company. Recent development in technology and the change in business environment as well as change in the nature of demand by customers has necessitated the change in the products and services offered by finance companies. Based on data from finance companies listed on Bursa Malaysia over the period 2007 to 2011 this paper examined the impact of board attributes and ownership struct...

  16. Web-Based Corporate Environmental Reporting in Nigeria: A Study of Listed Companies

    Directory of Open Access Journals (Sweden)

    Uwalomwa UWUIGBE

    2012-01-01

    Full Text Available This paper basically examined the utilization of the Internet for communicating corporate environmental information by listed financial and non-financial companies in Nigeria. The sample for the study consists of 30 firms listed on the Nigerian stock exchange. While the content analysis technique was used as a basis for eliciting data from the corporate websites of the selected firms, the student t-test statistics was used to find out whether there is a significant difference in the level of web-based corporate environmental disclosure between financial and non-financial firms in Nigeria. In addition, the linear regression method of data analysis was employed to investigate whether there is a relationship between the financial performance of firms and the level of corporate environmental disclosures of the selected listed firms in Nigeria. The paper as part of its findings observed that there is no significant difference in the level of web-based corporate environmental disclosure between listed financial and non-financial firms in the Nigeria stock exchange

  17. Bank Risk Profile, Good Corporate Governance And Company Values in Banking Companies Go Public in Indonesia

    OpenAIRE

    Susi Retna Cahyaningtyas; Elin Erlina Sasanti; Wahidatul Husnaini

    2017-01-01

    The latest Bank Indonesia Regulation No.14/18/PBI/2012 requires bank to have minimum capital of 8%-14% depends on the risk profile of each bank. Therefore, the main objective of this research is to assess whether the total of inherent risk profile of each bank meets the terms of this regulation. In addition, this study aims to examine the impact of inherent risk profile and GCG on the banking company value. The sample in this study is determined by purposive sampling method and resulted in 24...

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

    Directory of Open Access Journals (Sweden)

    Justyna Dyduch

    2017-10-01

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

  19. CORPORATE SOCIAL RESPONSIBILITY DURING THE ECONOMIC CRISIS. THE CASE OF THE ROMANIAN COMPANIES

    Directory of Open Access Journals (Sweden)

    JOLDES Cosmin-Silviu-Raul

    2010-12-01

    Full Text Available The aim of the present paper is to identify and comment on the existing relationship between corporate social responsibility (CSR and the current economic crisis, by focusing on the experience of the Romanian companies. After briefly defining the concept of CSR, the article presents the above mentioned relationship from a triple perspective: the lack of ethics as a cause of the economic crisis, the threat of CSR in periods of crisis and the opportunity of CSR in periods of crisis, considering that the last perspective could be maximized if companies are going to approach CSR from a strategic point of view. Finally, the second part of the paper presents what Romanian companies really do, but, more important, what they should do in order to increase their effectiveness in terms of CSR implementation when social budgets seem to remain constant or even decrease.

  20. Corporate Sustainability and Shareholder Wealth—Evidence from British Companies and Lessons from the Crisis

    Directory of Open Access Journals (Sweden)

    Fernando Gómez-Bezares

    2016-03-01

    Full Text Available This study examines the impact of corporate sustainability (CS on stock market returns for FTSE 350 companies over the period 2006–2012. We find that an investment strategy that bought shares in companies with balanced financial, social, and environmental activities would have earned an annual four-factor alpha for a value-weighted portfolio of 3.54% per year during the sample period and 2.98% above industry benchmarks. In addition, we find that CS is negatively correlated with stock return volatility, and investing in companies with CS not only generates higher returns during peak phases, but also diminishes shareholders’ losses during bear phases. We have also carried out an additional, out-of-the-sample analysis for the years 2013–2015 which confirmed our results.

  1. 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...

  2. 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.

  3. Corporate preparedness for pandemic influenza: a survey of pharmaceutical and biotechnology companies in Montgomery County, Maryland.

    Science.gov (United States)

    Watkins, Rissah J; Barnett, Daniel J; Links, Jonathan M

    2008-09-01

    We conducted a survey of corporate preparedness for pandemic influenza among biotechnology and pharmaceutical companies in Montgomery County, Maryland, to determine the level of preparedness for this industry and geographic region. The survey, based on the HHS Business Pandemic Influenza Planning Checklist, established whether a company had a preparedness plan specific to pandemic influenza, the contents of its plan, or its reasons for a lack of a plan. A total of 50 companies participated in the survey. Of these, 40 did not have any type of preparedness plan, 3 were drafting plans, 6 had general preparedness plans that could be applied to an influenza pandemic, and only 1 company had a preparedness plan specifically designed to address pandemic influenza. Biotechnology and pharmaceutical companies in this geographic region are currently not well prepared for pandemic influenza. Public health officials should offer more help, possibly in the form of a model small business preparedness plan, and collaboration between companies should be encouraged to foster sharing of preparedness plans.

  4. 75 FR 20033 - Winston-Salem Southbound Railway Company-Corporate Family Transaction Exemption-High Point...

    Science.gov (United States)

    2010-04-16

    ... DEPARTMENT OF TRANSPORTATION Surface Transportation Board [STB Finance Docket No. 35338] Winston-Salem Southbound Railway Company--Corporate Family Transaction Exemption--High Point, Thomasville... under 49 CFR 1180.2(d)(3) for a transaction within a corporate family. Applicants state that HPTD will...

  5. Impact of Corporate Reputation on Brand Differentiation: An Empirical Study from Iranian Pharmaceutical Companies.

    Science.gov (United States)

    Vahabzadeh, Afshin; Vatanpour, Hossein; Dinarvand, Rasoul; Rajabzadeh, Ali; Salamzadeh, Jamshid; Mohammadzadeh, Mehdi

    2017-01-01

    The influence of company reputation or what is often referred to as corporate reputation on branding strategy and producing intangible asset for different industries has been researched in western countries, but there is a gap for the generalizability of findings to countries out of the United State and Europe. To establish the western researcher's external validity of theories in other countries and to obtain a better understanding of the influences of branding and company reputation on pharmaceutical business markets, the researchers applied this study for Iran, a country in the Middle East. The obtained results using SEM (by P.L.S. 2.0 software) showed a good relationship between value creation and brand differentiation (β =0.360 and t-value = 3.167), between corporate communication and brand differentiation (β = 0.022 and t-value = 3.668), and between strategic resources and brand differentiation (β = 0.289 and t-value = 2.247). This study is a pioneering attempt in Iran to measure the impact of corporate reputation on brand differentiation strategy.

  6. Impact of Corporate Reputation on Brand Differentiation: An Empirical Study from Iranian Pharmaceutical Companies

    Science.gov (United States)

    vahabzadeh, Afshin; vatanpour, Hossein; dinarvand, Rasoul; rajabzadeh, Ali; salamzadeh, Jamshid; mohammadzadeh, Mehdi

    2017-01-01

    The influence of company reputation or what is often referred to as corporate reputation on branding strategy and producing intangible asset for different industries has been researched in western countries, but there is a gap for the generalizability of findings to countries out of the United State and Europe. To establish the western researcher’s external validity of theories in other countries and to obtain a better understanding of the influences of branding and company reputation on pharmaceutical business markets, the researchers applied this study for Iran, a country in the Middle East. The obtained results using SEM (by P.L.S. 2.0 software) showed a good relationship between value creation and brand differentiation (β =0.360 and t-value = 3.167), between corporate communication and brand differentiation (β = 0.022 and t-value = 3.668), and between strategic resources and brand differentiation (β = 0.289 and t-value = 2.247). This study is a pioneering attempt in Iran to measure the impact of corporate reputation on brand differentiation strategy. PMID:29552075

  7. Female Directors and Corporate Social Responsibility: Evidence from the Environmental Investment of Chinese Listed Companies

    Directory of Open Access Journals (Sweden)

    Feng Wei

    2017-12-01

    Full Text Available Taking Chinese listed companies in 2008–2015 as the sample, in this paper we test in detail the impact of female directors on corporate environmental investments. Furthermore, we study the impact of female directors on environmental investment in enterprises with different types of ownership and industry attributes. Empirical studies show that when there are only 1 or 2 female directors on the board, no significant impact on the scale of corporate environmental investment can be seen. However, when the number reaches at least 3, female directors have a significantly positive impact on the scale of corporate environmental investment. This confirms critical-mass theory; meanwhile, we find that the empirical results do not indicate any significant correlation when the variable of female directors is measured by the proportion of female directors and the Blau index of gender balance. Further analysis suggests that in state-owned enterprises and enterprises from heavily-polluting industries, the above findings remain true, while in non-state-owned enterprises and enterprises from non-heavily-polluting industries, the above findings prove false, i.e., that the impact of female directors on corporate environmental investment is not significant. The conclusion demonstrates that the impact of female directors on environmental investment varies in enterprises with different types of ownership and industry attributes.

  8. The use of corporate entrepreneurship by Gefeba Elektro GmbH : The case study of a German medium-sized company in the highly competitive process automation sector

    OpenAIRE

    Alami, Tarik; Montier, Cécile

    2014-01-01

    Corporate entrepreneurship has gained renewed interested in research since global markets are evolving and industries become more and more competitive. Information is transferred across the globe rapidly so that products and processes can be copied quickly. In order to be competitive, companies need to enhance creativity, their technological knowledge and market know-how. This high competitiveness leads to a dilemma where innovation is a key to survive whilst the size and administration may s...

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

    Directory of Open Access Journals (Sweden)

    Iuliana Oana MIHAI

    2017-06-01

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

  10. A Human Resources Perspective on Responsible Corporate Behavior. Case Study: The Multinational Companies in Western Romania

    Directory of Open Access Journals (Sweden)

    Ciprian Obrad

    2018-03-01

    Full Text Available This article aims to show the extent to which socially responsible Human Resource Management practices are implemented in multinational companies. As more recent studies highlight, the manner in which companies in Romania presently comprehend the social responsibility of their actions is mostly aimed towards the social component of the outer environment in which they function and less towards their own employees. In Romania, at the moment, there are only a few studies that catalogue the efforts made by companies in order to become more responsible towards their employees, or in other words, studies that present Corporate Social Responsibility (CSR within its relationship with Human Resources Management (HRM. The research method we used for our case study was the semi-structured interview, applied on 32 respondents from the multinational companies carrying out their activities in the automotive sector in western Romania. Our study shows that multinational companies from the automotive sector are aware that CSR effects a series of long-term advantages, either externally—enhancing the company’s reputation and consolidating its brand as employer, its competitive advantage on the market, its media visibility—or internally—fostering an organizational culture that may generate greater engagement from its own employees, and financial advantages.

  11. Pathological Corporate Governance Deficiencies in South Africa's State-Owned Companies: A Critical Reflection

    Directory of Open Access Journals (Sweden)

    Tebello

    2018-01-01

    Full Text Available Globally, states use state-owned companies (SOCs or public corporations to provide public goods, limit private and foreign control of the domestic economy, generate public funds for the fiscus, increase service delivery and encourage economic development and industrialisation. Particularly given its unique socio-political and economic dynamics, a country such as South Africa clearly needs this type of strategic enterprise. Yet, that does not mean that everything at our SOCs is as it should be. The beleaguered South African Broadcasting Corporation (SABC has recently seen the resignation of board members, shareholder interference in its operational affairs, and a high turnover of chief accounting officers and other executive management members. Due to non-performance, it has also received several cash injections from its shareholder to enable it to continue to deliver its services. In addition, the shareholder minister took it upon herself to amend the SABC's memorandum of incorporation, conferring upon herself the authority to appoint, suspend or even dismiss key executive members. South African Airways (SAA, in turn, has had seven CEOs in less than four years, has had to be bailed out at a cost of R550 million, and has in addition been granted a R5 billion guarantee by the shareholder for a restructuring exercise. Other SOCs such as Eskom, the Post Office and Telkom have also experienced high board and executive management turnover, perennial underperformance necessitating regular bailouts, and challenges regarding the division of power between their boards and the various shareholder ministers. Another issue that seems to plague South Africa's SOCs is the appointment of board members and executive officials with questionable qualifications. By critically examining the corporate governance challenges besetting the SABC, SAA and Eskom in particular, this article seeks to explore the root causes of the corporate governance deficiencies of SOCs

  12. 75 FR 76038 - Zach System Corporation a Subdivision of Zambon Company, SPA Including On-Site Leased Workers of...

    Science.gov (United States)

    2010-12-07

    ... Subdivision of Zambon Company, SPA Including On-Site Leased Workers of Turner Industries and Go Johnson, La..., including on-site leased workers from Turner Industries and Go Johnson, La Porte, Texas. The Department's... investigation revealed that Zach System Corporation is a subdivision of Zambon Company, SPA, not Zach System SPA...

  13. THE STAKEHOLDERS ABILITY TO INFLUENCE THE RELATIONSHIP BETWEEN COMPANIES FINANCIAL PERFORMANCE (CFP AND CORPORATE SOCIAL RESPONSIBILITY (CSR

    Directory of Open Access Journals (Sweden)

    LILIANA NICOLETA SIMIONESCU

    2015-03-01

    Full Text Available Many scholars, academicians and practitioners have intensively examined corporate social responsibility (CSR and corporate financial performance (CFP in the literature on CSR along the years. Mainstream of these studies suggested a positive relationship or negative, neutral as few others found and/or curvilinear relationships. Hence, this paper develops an understanding for a mediator instrument as regards the relationship between corporate social responsibility and corporate financial performance. The present paper proposes to provide a theoretical framework, which explains how and why, companies through their socially responsible activities leads to a certain company performance by promoting a potential mediator respectively stakeholder ability to influence (SIC. Companies with socially responsible activities accumulate satisfactory SAI stock enjoying an enhanced financial performance. As more the companies invest in CSR activities, the greater SAI stock became. Based on the literature reviewed, the present paper enriches the literature on CSR by proposing three variables that can be used to employ the framework at a company level. The variables are corporate social responsibility (CSR, stakeholder ability to influence (SAI and corporate financial performance (CFP.

  14. 75 FR 77666 - General Motors Company, Formerly Known as General Motors Corporation, Technical Center, Including...

    Science.gov (United States)

    2010-12-13

    ...., Global Technology Associates Limited, G-Tech Professional Staffing, Inc., Jefferson Wells, Kelly Services... Enterprise Services, Engineering Labs, Inc., Global Technology Associates Limited, G-Tech Professional... company reports that workers leased from Modern Engineering/ Professional Services were employed on-site...

  15. VALUE-BASED APPROACH TO MANAGING CURRENT ASSETS OF CORPORATE CONSTRUCTION COMPANIES

    Directory of Open Access Journals (Sweden)

    Galyna Shapoval

    2017-09-01

    Full Text Available In modern conditions of management, the value of an enterprise becomes the main indicator, which is learned not only by scientists, but also by owners of enterprise and potential investors. Current assets take a very important place among the factors that affect the value of an enterprise, so management of current assets becomes more acute from the point of their impact on enterprise value. The purpose of the paper is to develop a system of value-based management of corporate construction companies’ current assets. The main tasks are: the study of current assets impact on the value of corporate construction companies, the definition of value-based approach to managing current assets of corporate enterprises and development of value-based management system of corporate construction companies’ current assets by elements. General scientific and special research methods were used while writing the work. Value-based management of current assets involves value-based management of the elements of current assets. The value-based inventory management includes the following stages of management: the assessment of reliability and choice of supplier according to the criterion of cash flow maximization, the classification of stocks in management accounting according to the rhythm of supply and the establishment of periodicity of supplies in accordance with the needs of the construction process. The value-based management of accounts receivable includes the following stages of management: assessment of the efficiency of investment of working capital into accounts receivable, the assessment of customers' loyalty and the definition of credit conditions and monitoring of receivables by construction and debt instruments. Value-based cash management involves determining the required level of cash to ensure the continuity of the construction process, assessing the effectiveness of cash use according to the criterion of maximizing cash flow, as well as budget

  16. Corporate strategy and the organizational structure of companies in international business

    Directory of Open Access Journals (Sweden)

    Aleksić Ana

    2004-01-01

    Full Text Available The aim of this paper is to illuminate the importance of corporate strategy and organizational structure as crucial variables for successful international business. We wanted to point out that companies, in order to exploit opportunities in international environment, must develop a high level of consent between the applied strategy and the model of organizational structure. Today all organizations, no matter how big they are, are affected by the international environment and its management must consider very carefully the benefits and costs of alternative strategies and the corresponding models of organizational structure.

  17. Information disclosure in corporate social responsibility reports. The case of Lithuanian companies

    Directory of Open Access Journals (Sweden)

    Sviesa Leitoniene

    2016-09-01

    Full Text Available Though the phenomenon of corporate social responsibility (CSR is closely scrutinized in studies of both Lithuanian and foreign scholars, the problem is the quality of social information disclosed in social re-sponsibility reports. The objective of this article is to analyse the quality of disclosed information in CRS reports of Lithuanian companies. The characteristics of quality of information were comparability, relia-bility, objectivity and sustainability. The research demonstrated that in Lithuania, CSR reports provide unreliable information, which is only partly comparable and objective, however, relatively sustainable.

  18. Information disclosure in corporate social responsibility reports. The case of Lithuanian companies

    Directory of Open Access Journals (Sweden)

    Sviesa Leitoniene

    2016-09-01

    Full Text Available Though the phenomenon of corporate social responsibility (CSR is closely scrutinized in studies of both Lithuanian and foreign scholars, the problem is the quality of social information disclosed in social re- sponsibility reports. The objective of this article is to analyse the quality of disclosed information in CRS reports of Lithuanian companies. The characteristics of quality of information were comparability, relia- bility, objectivity and sustainability. The research demonstrated that in Lithuania, CSR reports provide unreliable information, which is only partly comparable and objective, however, relatively sustainable.

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

    Science.gov (United States)

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

    2010-01-01

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

  20. SILICATE TECHNOLOGY CORPORATION'S SOLIDIFICATION/ STABILIZATION TECHNOLOGY FOR ORGANIC AND INORGANIC CONTAMINANTS IN SOILS - APPLICATIONS ANALYSIS REPORT

    Science.gov (United States)

    This Applications Analysis Report evaluates the solidification/stabilization treatment process of Silicate Technology Corporation (STC) for the on-site treatment of hazardous waste. The STC immobilization technology utilizes a proprietary product (FMS Silicate) to chemically stab...

  1. Corporate Characteristics and Internal Control Information Disclosure- Evidence from Annual Reports in 2009 of Listed Companies in Shenzhen Stock Exchange

    Science.gov (United States)

    Xiaowen, Song

    Under the research framework of internal control disclosure and combined the current economic situation, the paper empirically analyzes the relationship between corporate characteristics and internal control information disclosure. The paper selects 647 A share companies listed in Shenzhen Stock Exchanges in 2009 as a sample. The results show: (1) the companies with excellent performance and high liquidity tend to disclose more internal control information; (2) the companies with the high leverage and also issued B shares are not willing to disclosure internal control information; (3) the companies sizes and companies which have hired Four-big accounting firms have no significant effects on internal control disclosure.

  2. The embodied user : corporeal awareness & media technology

    NARCIS (Netherlands)

    Haans, A.

    2010-01-01

    Human beings are proficient users of tools and technology. At times, our interactions with a technological artifact appear so effortless, that the distinction between the artifact and the body starts to fade. When operating anthropomorphically designed teleoperation systems, for example, some people

  3. Environmental Disclosure of Electric Power Companies Listed in the Corporate Sustainability Index (CSI

    Directory of Open Access Journals (Sweden)

    Clésia Ana Gubiani

    2012-12-01

    Full Text Available The study aimed to verify the level of disclosure of environmental information in the administration reports of the energy companies listed in the Corporate Sustainability Index (CSI. A descriptive and quantitative research was done, using the content analysis technique on the administration reports from 2006 to 2008. The sample consisted of 11 electric power companies listed in the CSI. For quantitative analysis of the disclosure index, the data collection instrument was based on the study of Rover, Murcia and Borba (2008, which proposes eight environmental categories and 36 subcategories. For the whole analysis of the data were elaborated networks of the items disclosed in each company, using the software UNICET ®. The survey results showed that there is satisfactory disclosure in the categories of environmental policies and education, training and research environment. However, it was found that there is need for greater disclosure of categories of products impacts and processes in the environment, power polices and financial environmental information. It was concluded that the information disclosed in the administration reports of the companies surveyed about the environmental information do not respect the principle of full disclosure.

  4. The Taiwan Tobacco and Liquor Corporation: To 'join the ranks of global companies'.

    Science.gov (United States)

    Eckhardt, Jappe; Fang, Jennifer; Lee, Kelley

    2017-03-01

    Until the late 1990s, the Taiwan Tobacco and Liquor Corporation (TTL) focused almost exclusively on serving the domestic market as a highly protected monopoly. This paper describes how the company has adopted a more outward looking strategy since 2000, with ambitions to become a regional, and eventually global, business by 2021. Drawing on company documents and industry sources, the paper argues that this shift in strategy was a direct reaction to the decline in domestic market share following liberalisation of the Taiwanese tobacco market and adoption of tougher domestic tobacco control measures. Market opening occurred as a result of pressure from the U.S. Trade Representative in the 1980s, as well as World Trade Organization membership in 2002. It is argued that TTL's efforts to globalise operations have been limited by bureaucratic company management and structures, and ongoing political tension between Taiwan and China. However, the relative success of TTL's alcohol branch, and potential détente as the Taiwanese government reaches out to improve relations with China, may provide TTL with new opportunities to achieve its goal of becoming a regional player with global ambitions. This article is part of the special issue 'The Emergence of Asian Tobacco Companies: Implications for Global Health Governance.'

  5. Technology transfer for reduced environmental pollution in the former USSR - the role of Western companies

    Energy Technology Data Exchange (ETDEWEB)

    Hill, M.R.

    1995-12-01

    The paper is divided into two main sections, the first presenting information on the volumes of Western exports of power engineering products to the former USSR, and the second describing the technology transfer experiences of a sample of Western power generation, fuels, and power engineering companies. The information relating to those companies was obtained from published information and press reports, and visits for discussions with senior executives during 1994 and 1995. Companies involved in technology transfer and investment activities described in the report are: IVO International Ltd., CRE Group Ltd., Asea Brown Boveri, Siemens Kraftwerkunion, GEC Alsthorn Rolly Royce Industrial Power Group, Babcock Energy, Deutsche Babcock AG, Alsthom Boilers, and GE Corporation. 35 refs., 5 tabs.

  6. Problems of assessment of efficiency of managing corporate rights in joint stock companies

    Directory of Open Access Journals (Sweden)

    Kurinnyy Oleksandr V.

    2013-03-01

    Full Text Available The goal of the article lies in identification of specific features of formation, implementation and practical use of the balanced scorecard of efficiency of managing corporate rights in domestic joint stock companies. Complexity of formation of the balanced scorecard of efficiency of managing property of shareholders is due to a necessity of ensuring deliberateness of the combination of financial and non-financial indicators for formalisation of managerial goals, establishment of a connection between financial parameters and operation indicators of enterprise activity and also attempt to determine the whole cost of an enterprise, which would be adequate to the market value of its assets. Taking into account the above, the article defines efficiency of managing shares of the joint stock as the degree of correlation between the goal, regulatory set functions, managerial actions and results of execution of managerial duties by managers. Prospect of further studies in this direction is development of methodical basis of formation and functioning of the balanced scorecard of efficiency of the use of shares of corporate rights in a joint stock company.

  7. Information and Communication Technology Reputation for XU030 Quote Companies

    OpenAIRE

    Seker, Sadi Evren; Cankir, Bilal; Arslan, Mehmet Lutfi

    2014-01-01

    By the increasing spread of information technology and Internet improvements, most of the large-scale companies are paying special attention to their reputation on many types of the information and communication technology. The increasing developments and penetration of new technologies into daily life, brings out paradigm shift on the perception of reputation and creates new concepts like esocieties, techno-culture and new media. Contemporary companies are trying to control their reputation ...

  8. 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.

  9. Corporate against corporate management

    OpenAIRE

    Runcev, Nikolce; Krstev, Boris; Golomeova, Mirjana

    2010-01-01

    In contemporary economic performance, corporate governance is considered an essential prerequisite in building a successful system for creating an attractive investment climate, which is characterized by competing companies oriented and efficient financial markets. Good corporate governance is based on principles of transparency, bias, efficiency, timeliness, completeness and accuracy of information at all levels of management. Companies with good corporate governance and afford easier acc...

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

    Directory of Open Access Journals (Sweden)

    Leonardo Fabris Lugoboni

    2014-06-01

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

  11. Emerging 'Standard Complex' and Corporate Social Responsibility of Agro-food Businesses: A Case Study of Dole Food Company

    OpenAIRE

    Sekine, Kae; Boutonnet, Jean-Pierre; Hisano, Shuji

    2008-01-01

    Recently as a reaction to the social movement of fair trade and the like, multinational agro-food businesses are getting remodelled to suit a growing public awareness of the spread of 'corporate social responsibility', which is now adopted as a new strategy by major corporations across sectors. This phenomenon raises questions about the nature of fair trade as an alternative movement against the globalisation and industrialisation of the agro-food system. Dole Food Company is one of these agr...

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

    Directory of Open Access Journals (Sweden)

    Matthias Georg Will

    2014-07-01

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

  13. Doing Well or Doing Good: The Relationship between Corporate Social Responsibility and Profit in Romanian Companies

    Directory of Open Access Journals (Sweden)

    Camelia-Daniela Hategan

    2018-04-01

    Full Text Available The traditional goal of a company is to earn profit to pay its shareholders, but, nowadays, for the business to be sustainable in the long term, a strategy of Corporate Social Responsibility (CSR activities is needed to meet stakeholder demands, respect ethical principles and give an appropriate answer to organizational stakeholders. The objective of the paper is to identify how strong the correlation between CSR and profit is, and how companies behave in the periods they have losses, whether they continue to do CSR activities, they reduce the activities, or they give them up. Thus, CSR is attributed to the concept of “doing good” and profit to the expression of “doing well”, from which a “positive business” can be built. Our empirical research consists of a panel data econometric model using logistics regressions to highlight the correlation between profit and the decision to do CSR activities and feasible generalized least squares (FGLS regressions to identify the correlations between the level of CSR activities and the dimension of profit, an expression of financial performance. The main results emphasize that the companies which implement CSR activities in a greater extent are more profitable in economic terms.

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

    Directory of Open Access Journals (Sweden)

    Abdur Rouf

    2011-12-01

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

  15. Analysis of Corporate Communication in Social Responsibility and Climate Change Major Performing Companies in Their Web IBEX 35

    Directory of Open Access Journals (Sweden)

    Maria Isabel Muñoz Carvajal

    2013-05-01

    Full Text Available Nowdays society CSR has emerged as one of the rising values for companies, not only because of the benefits it can bring associating with the image, but also with the growing awareness that companies are becoming as social beings, must report part of their profits to the society of which they were acquired. Internet and all its possibilities is outlined as the most appropriate social media to communicate CSR corporate information. Therefore, in this study we aim to analyze the corporate website of the leading Spanish Ibex 35 and deeply engaged in the use when communicating their CSR and Environmental Sustainability and Climate Change.

  16. 76 FR 66327 - Iron Mountain Information Management, Inc., Corporate Service Group, Information Technology (IT...

    Science.gov (United States)

    2011-10-26

    ... Management, Inc., Corporate Service Group, Information Technology (IT) Division, Including On-Site Leased... Information Management, Inc., Corporate Service Group, Information Technology (IT) Division, including on-site... location of Iron Mountain Information Management, Inc., Corporate Service Group, Information Technology (IT...

  17. Corporate actions for the climate - Greenhouse gas reduction practices at EpE member companies

    International Nuclear Information System (INIS)

    Chalendar, Pierre-Andre de

    2012-11-01

    Corporate awareness of the reality of climate change and the impact of human activity on global warming goes back some twenty years. It was at this time that EpE members decided to take voluntary action towards lowering greenhouse gas emissions. EpE member companies started out by measuring their emissions (see EpE publication entitled 'Measuring and Controlling Greenhouse Gas Emissions'), then worked to identify initiatives easiest to implement and those that would have the best reduction potential. This booklet is prepared to contribute to other businesses improving their knowledge and understanding of the best practices identified and implemented by EpE members, in order to speed up the reduction of global emissions, without hampering their competitiveness. The practices showcased here have intentionally been detailed so that they can be easier to adopt. (authors)

  18. Corporate social responsibility practice of Malaysian public listed government-linked companies: A dimensional analysis

    Directory of Open Access Journals (Sweden)

    Lim Boon Keong

    2018-06-01

    Full Text Available This paper examines the corporate social responsibility (CSR practices of the Malaysian public-listed government-linked companies (GLCs using a dimensional analysis. Four dimensions of CSR activities, namely community, employees, environment and governance, are investigated to study the latest CSR practice of GLCs in year 2016. Each dimension is divided into three subcategories to further examine the performance of GLCs on a particular CSR area. This is the first paper in Malaysia which uses CSR ratings (obtained from CSRHub database to proxy for CSR practice. None of the past literature has been found to adopt this approach. The findings show that Malay-sian public-listed GLCs performed better in community, employees and environment dimensions, whilst tend to underperform in governance dimension.

  19. The impact structure of social capital on corporate performance: Empirical evidence from listed companies in China

    Institute of Scientific and Technical Information of China (English)

    SHI Junwei; FU Haiyan; HU Lijun

    2007-01-01

    Vertical relationships with the government, particular relational capital and organizational social network capital, constitute corporate social capital (CSC). Using the empirical data of 97 listed companies in China, this paper examines the impact of CSC on corporate performance, finds that CSC has a positive impact on sales revenue but an insignificant impact on the improvement of ROA. More specifically, when a firm enlarges its sales revenue, the function of organizational network capital is stronger than that of a particular relational capital and that of governmental connections. The paper also finds that state-owned enterprises (SOEs) have more advantages in using governmental connections, therefore leading to better social status than non-SOEs do, who have fewer advantages in using any particular relational capital. The article suggests that managers should appraise carefully the effectiveness of CSC, and combine it with other resources; firms should distinguish the structure of the impact of CSC on performance improvement in a dynamic way. With respect to the implication of this paper, it could help in analyzing firm behaviors in the transitional China.

  20. GENERAL ENVIRONMENTAL CORPORATION; CURE ELECTROCOAGULATION TECHNOLOGY: INNOVATIVE TECHNOLOGY EVALUATION REPORT

    Science.gov (United States)

    The CURE electrocoagulation technology was demonstrated under the Superfund Innovative Technology Evaluation (SITE) program at the U.S. Department of Energy (DOE) Rocky Flats Environmental Technology Site (RFETS), where water from the solar evaporation ponds (SEPs) was contaminat...

  1. Marketing strategies to add economic value, reactions on corporate social responsibility advertising in print media: an Indian company case

    OpenAIRE

    Karunamoorthy, S; Selvarasu, A.; Filipe, J.

    2013-01-01

    Corporate social responsibility advertising (CSR Advertising) results from commercial advertising, having social dimensions. This concept works as a marketing tool of cause-related marketing (CR Marketing). In this study, the case of IOCL (an Indian oil company) is presented to show how the company creates innovative advertising ideas, serves the society, contributes to save environmental natural resources and allows to add economic value. In addition to the usual ways of commercial advertisi...

  2. The dual role of external corporate venturing in technological exploration

    DEFF Research Database (Denmark)

    Li, Ying; van de Vrande, Vareska; Vanhaverbeke, Wim

    2009-01-01

    Innovating firms can not only explore new technologies from its innovation partners, but also explore new technologies from the organizations to which the innovating firm has had no prior relationships. Prior studies have mostly focused on a firm's exploratory learning from its venturing partners...... ("exploration from partners" or "EFP"). There has been little insight on how external corporate venturing may affect the exploratory learning beyond the venturing partnerships ("exploration beyond partners" or "EBP"). We claim that prior venturing relations have a dual role: First, the innovation firm can learn...... from knowledge embedded in its partners. Second, it can also learn from through its partners about knowledge developed by other firms or organizations with whom the innovating firm had no external venturing relations before. In this paper, we are interested how external corporate venturing partnerships...

  3. Evaluation of Corporate Websites and Their Influence on the Performance of Olive Oil Companies

    Directory of Open Access Journals (Sweden)

    Enrique Bernal Jurado

    2018-04-01

    Full Text Available Spain is among the largest producers of organic olive in the world. Yet the Spanish organic olive oil sector faces a major commercial problem due to an internal demand that is too small to match the volume of supply. Factors that explain this problem include the scarcity and scattered nature of points of sale, the lack of information available to consumers, and the very large gulf in the price between organic and nonorganic olive oil. To address these problems, the literature highlights the key commercial role of information and communication technologies (ICTs. The corporate website is a core element around which the company’s e-commerce activity revolves. The goal of this study is to confirm the relationship between business efficiency, measured using data envelopment analysis (DEA, and the quality of the corporate website, measured using the extended Model of Internet Commerce Adoption (eMICA. Although this analysis did not identify a direct relationship between these two variables, fuzzy-set Qualitative Comparative Analysis (fsQCA revealed that combinations of elements related to corporate website quality (interactivity and processing, organizational, and structural factors (size of firm and outsourcing of ICT management can have a direct effect on organizational performance, measured in terms of economic efficiency.

  4. Blueprint and Approach to Grow Revenue in Small Technology Companies

    Directory of Open Access Journals (Sweden)

    Tony Bailetti

    2010-05-01

    Full Text Available This article examines a new approach to grow the revenue of small technology companies and technology startups. We name this new approach the business ecosystem approach. The article is organized into five sections. The first section provides a blueprint to grow revenue and an inventory of growth formulas that top management teams of small technology companies and founders of startups find useful. The second section briefly defines business ecosystems, keystones and platforms. The third section describes the business ecosystem approach to grow the revenue of small technology companies and technology startups. It compares the traditional and business ecosystem approaches to growing revenue; identifies when the business ecosystem approach works better than the traditional approach; explains what small companies and startups need to do to grow revenue using the business ecosystem approach; and describes the benefits and risks of implementing the business ecosystem approach. The fourth section compares three approaches to growing revenue and highlights the differences between i business ecosystems and development communities and ii the business ecosystem approach and outsourcing. The fifth section identifies the key decisions a small technology company or technology startup needs to make to become the keystone that anchors a business ecosystem.

  5. The Corporate Social Responsibility and Sponsorship Illusion of the Commercial Companies in Public Elementary Schools of Turkey

    Science.gov (United States)

    Aksoy, Naciye

    2015-01-01

    The purpose of this study is to discuss the transformations, namely in the structure, meaning, conduct, and presentation of education, and the teaching profession and students as created by the companies via corporate social responsibility (CSR) and sponsorship projects in public schools of Turkey. The outlook of these transformations was…

  6. From Corporate Social Responsibility, through Entrepreneurial Orientation, to Knowledge Sharing: A Study in Cai Luong (Renovated Theatre) Theatre Companies

    Science.gov (United States)

    Tuan, Luu Trong

    2015-01-01

    Purpose: This paper aims to examine the role of antecedents such as corporate social responsibility (CSR) and entrepreneurial orientation in the chain effect to knowledge sharing among members of Cai Luong theatre companies in the Vietnamese context. Knowledge sharing contributes to the depth of the knowledge pool of both the individuals and the…

  7. 77 FR 31642 - Hawker Beech Craft Defense Company, LLC, Also Known As Hawker Beechcraft Corporation, Also Known...

    Science.gov (United States)

    2012-05-29

    ... DEPARTMENT OF LABOR Employment and Training Administration [TA-W-74,901] Hawker Beech Craft Defense Company, LLC, Also Known As Hawker Beechcraft Corporation, Also Known As Hawker Beechcraft International SVC, Also Known As Rapid Surplus Parts, Also Known As Hawker Beechcraft Svcs, Also Known As Travel...

  8. Corporate characteristics and worksite health promotion programs: survey findings from Fortune 500 companies.

    Science.gov (United States)

    Hollander, R B; Lengermann, J J

    1988-01-01

    A study was carried out to assess the nature and extent of worksite health promotion programs in Fortune 500 companies. Growth and interest in worksite health promotion continues at a remarkable rate. Fortune 500 firms are a good barometer of the state of the art of programs in work settings because these companies have large numbers of employees, an interest in cost savings, and expertise to invest in innovative efforts. Data collection consisted of questionnaires sent to the medical officer or Chief Executive Officer of all companies appearing on the 1984 Fortune 500 list. The following issues were addressed: whether companies offered worksite programs; what health promotion activities were provided in their programs; whether organizations had plans to start up or expand programs; what organizational support existed for programs (i.e. who pays, on whose time employees participate, when activities are offered, and what types of personnel are hired to staff programs); and whether these companies applied needs assessments, evaluation and cost analysis in their programs. Differences in these characteristics were examined in relation to the organizational variables of size (number of employees), Fortune 500 rank and type of industry (low-technology versus high-technology). The response rate for the survey was 49.4% (n = 247). Results of the study indicate a high level of health promotion activity in Fortune 500 firms. Out of the total group of respondents, two-thirds (n = 164) report having worksite programs and two-thirds of organizations with programs have plans to expand their health promotion offerings. One-third of responding organizations without programs planned to initiate them. The health promotion activities provided are numerous and varied, and within units that have programs rates of employee eligibility are reported to be high. However, the participation rates reported are appreciably lower. It is of special interest that, in general, the higher ranked

  9. Is there Needed an Industry Approach on Corporate Default Risk? Case Study on Companies Listed on Romanian Stock Exchange

    Directory of Open Access Journals (Sweden)

    Cristina Maria Triandafil

    2009-02-01

    Full Text Available This paper focuses on applying Black and Scholes structural approach on credit risk in the case of the companies listed on Romanian Stock Exchange. We conduct a case-study on 35 companies belonging to five industries (energetic, materials, chemistry, pharmaceuticals, equipments during a period of 10 years in order to highlight out default point/threshold and its essential factors evolution across industries. Research approach is concentrated also on the specific characteristics of the Romanian capital market (especially in terms of illiquidity and lack of transparency additional costs, macroeconomic environment and corporate finance decision process. We compute default point from the perspective of the arbitrage between assets and leverage; in accordance with the most recent theories on specific features corporate default within emerging countries (Galytskyy, 2006, a key element will be represented by the assets volatility which will be correlated with the country risk premium in order to highlight out a potential macroeconomic impact on corporate failure.

  10. The Modern Technologies to Reduce Turnover of Company Staff

    OpenAIRE

    Zaiko Tetiana O.; Poplavska Oksana M.

    2017-01-01

    The article is aimed at analyzing and substantiating the use in practice of modern technologies to reduce turnover of staff, which do not bear significant financial costs for the company. The authors have proved that non-material measures to reduce staff turnover in companies are becoming predominant nowadays. Among them as the most important are indicated: introduction of flexible schedule (mode) of work, transition to the remote form of employment, and distribution of internal shares, in pa...

  11. Innovation Environment in Small Technology-Based Companies

    OpenAIRE

    Gonçalves Silveira Fiates, Gabriela; Azevedo Fiates, José Eduardo; Ribeiro Serra, Fernando A; Portugal Ferreira, Manuel

    2010-01-01

    Innovation has been identified as a strategy to achieve competitive advantage, particularly in contexts of change and especially for technology-based companies – TBCs. Although the adoption of innovation strategies is not easy, small companies have an organizational environment more conducive to innovation. This article examines how managers and employees of small TBCs perceive aspects of the internal environment of innovation in the organization (culture, organizational structure, personnel ...

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

    Directory of Open Access Journals (Sweden)

    Camila Freitas Sant´Ana

    2015-12-01

    Full Text Available The purpose of this study is to identify determinant factors of the capital structure of Brazilian technology companies. The research was characterized as descriptive, document and quantitative, consisting of 21 companies in the communications, telecommunications and digital industry, according to the Exame magazine ranking. The analysis was established from 2009 to 2013 using panel data regression. The results indicate that the growth rate of capital and control type have a positive relationship with the general and long-term debt. However, it was found that company size, profitability and type of capital point to a negative relationship with the capital structure.

  13. Theorizing about technological development of manufacturing companies

    DEFF Research Database (Denmark)

    Matthiesen, Rikke Vestergaard

    2012-01-01

    The aim of the paper is to apply metatriangulation and theory building to strengthen our theorizing on technological development of manufacturing firms. AMT literature is reviewed and by means of bracketing, the paper identifies a set of problematic assumptions embedded within traditional AMT...... research. A case study is used to emphasize how a process perspective enriches the traditional structural perspective. Finally, through first attempts at theory building, a set of propositions is suggested in order to overcome long-standing problems found in AMT research....

  14. Innovation Environment in Small Technology-Based Companies

    Directory of Open Access Journals (Sweden)

    Gabriela Gonçalves Silveira Fiates

    2010-11-01

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

  15. Corporate Schooling Meets Corporate Media: Standards, Testing, and Technophilia

    Science.gov (United States)

    Saltman, Kenneth J.

    2016-01-01

    Educational publishing corporations and media corporations in the United States have been converging, especially through the promotion of standardization, testing, and for-profit educational technologies. Media and technology companies--including News Corp, Apple, and Microsoft--have significantly expanded their presence in public schools to sell…

  16. Influence of Rules for Computing Corporate Income Tax on the Accuracy of Financial Statements of Lithuanian Companies

    Directory of Open Access Journals (Sweden)

    Cernius Gintaras

    2016-03-01

    Full Text Available Companies in Lithuania have to follow Business Accounting Standards (BAS when preparing their financial statements. Recording financial transactions according to BAS ensures that the information a company shares with potential lenders and investors gives a true and fair view of its business situation. However, the tax law prescribes its own set of accounting rules, which can result in a difference between what a business shows in financial statements and what it reports on its tax returns. This paper examines whether Lithuanian companies predominantly use tax accounting principles that migrate into their financial statements to create an inaccurate picture of business performance. The method of experts’ evaluation was chosen for that purpose. The results indicate that Lithuanian companies tend to heavily rely on accounting principles prescribed in corporate income tax law thus distorting information contained in financial statements. The paper contributes to the scarce literature on this issue of high relevance to both academics and practitioners.

  17. The Impact of Corporate Sustainability Strategies on the Financial Performance of Romanian Companies in the Context of Green Marketing

    Directory of Open Access Journals (Sweden)

    Marian Siminică

    2015-08-01

    Full Text Available The current research paper aims at making a comprehensive analysis of the current green marketing initiatives adopted by the top performing Romanian companies, in order to understand the determinant factors that influence their green approach and to evaluate the impact of the sustainability strategies implemented on their financial performance. The research of business sustainability strategies in 31 top performing companies in Romania is conducted by analyzing their green marketing initiatives, the ability to communicate online current and past Corporate Sustainability (CS actions (substantive action and their future commitments towards green marketing (symbolic action. The authors also analyzed the impact of companies’ dimensions on their green performance and commitment, substantiating that the size of a company is a significant influential factor. The analysis of the impact of substantive and symbolic action on the financial performance of the companies shows that there is not a significant correlation between these indicators.

  18. The making of corporate identities through a plural corporate language. A comparative study on French and Italian Food companies

    OpenAIRE

    Maria Margherita Mattioda; Marie-Berthe Vittoz

    2014-01-01

    The present study analyzes the linguistic and cultural dimensions which emerge from international companies working in those economic and social contexts, which are, at present, more cash-like and uncertain. The multilingual communication adopted by such companies is the result of their position on the market and of their own identity and culture. It also reveals an ongoing process of negotiation between several elements: a language identity source, which highlights the origins, history, geog...

  19. Government regulation's impact on health care technology companies

    Science.gov (United States)

    McGlynn, J. C.

    1994-12-01

    Startups in the medical device industry have made major advances to medical technology. Today the ability to fund these companies is being adversely effected by the difficulty in accessing capital. The capital markets had been disrupted by uncertainty about healthcare reform and by changes in the FDA regulatory process. Both of these have adversely effected market valuations for medical device components.

  20. The Technology Endowments of Spin-off Companies

    OpenAIRE

    E. VAN DE VELDE; B. CLARYSSE; M. WRIGHT

    2008-01-01

    Innovative start-ups, including spin-offs from universities and companies, play a vital role in the development and growth of emerging, high-technology industries. Research attention has traditionally focused on the links between demographic, educational, psychological and financial influences on start-up activity and growth. The extent to which the characteristics of technology inherited from the parent, important for spin-offs, helps explain post start-up performance has been neglected. We ...

  1. Cost structure analysis of commercial nuclear power plants in Japan based on corporate financial statements of electric utility companies

    International Nuclear Information System (INIS)

    Kunitake, Norifumi; Nagano, Koji; Suzuki, Tatsujiro

    1998-01-01

    In this paper, we analyze past and current cost structure of commercial nuclear power plants in Japan based on annual corporate financial statements published by the Japanese electric utility companies, instead of employing the conventional methodology of evaluating the generation cost for a newly constructed model plant. The result of our study on existing commercial nuclear plants reveals the increasing significance of O and M and fuel cycle costs in total generation cost. Thus, it is suggested that electric power companies should take more efforts to reduce these costs in order to maintain the competitiveness of nuclear power in Japan. (author)

  2. The drivers of corporate environment inputs: Based on neo-institution theory evidence from Chinese listed biological and other companies.

    Science.gov (United States)

    Guo, Rui; Tao, Lan; Yan, Liang; Chen, Lianfang; Wang, Haijun

    2014-09-01

    From corporate internal governance structure and external institutional environment, this study uses a legitimacy perspective of intuitional theory to analyze the main influence factors on corporate environmental protection inputs and propose some hypotheses. With the establishment of empirical models, it analyzes the data of 2004-2009 listed biological and other companies in China to test the hypotheses. The findings are concluded that in internal institutional environment, the nature of the controlling shareholder, the proportion of the first shareholder in the ownership structure, the combination of chairman and general manager in board efficiency and the intensity of environmental laws and regulations of the industry in external institutional environment have an significant impact on the behaviors of corporate environmental protection inputs.

  3. The Effects of Technology Entrepreneurship on Customers and Society: A Case Study of a Spanish Pharmaceutical Distribution Company

    Science.gov (United States)

    Muñoz, Rosa M.; Sánchez de Pablo, Jesús D.; Peña, Isidro; Salinero, Yolanda

    2016-01-01

    The main purpose of this paper is to provide an understanding, within the field of corporate entrepreneurship, of the various factors that enable technology entrepreneurship in established firms and its principal effects on customers and society. The paper reports on a case study regarding technology entrepreneurship in a Spanish company whose activity is pharmaceutical distribution. This company has been able to overcome the consequences of the worldwide crisis and start an innovative process which includes the installation of new information technology (IT) and an investment of 6 million Euros. It is, in this respect, a model to imitate and the objective of this paper is therefore to discover the managers’ entrepreneurial orientation (EO) characteristics which have made this possible, along with the organizational and social effects resulting from the process. We verify that EO is present in this company and that the development of new IT has important effects on customers and the population. PMID:27445938

  4. The Effects of Technology Entrepreneurship on Customers and Society: A Case Study of a Spanish Pharmaceutical Distribution Company.

    Science.gov (United States)

    Muñoz, Rosa M; Sánchez de Pablo, Jesús D; Peña, Isidro; Salinero, Yolanda

    2016-01-01

    The main purpose of this paper is to provide an understanding, within the field of corporate entrepreneurship, of the various factors that enable technology entrepreneurship in established firms and its principal effects on customers and society. The paper reports on a case study regarding technology entrepreneurship in a Spanish company whose activity is pharmaceutical distribution. This company has been able to overcome the consequences of the worldwide crisis and start an innovative process which includes the installation of new information technology (IT) and an investment of 6 million Euros. It is, in this respect, a model to imitate and the objective of this paper is therefore to discover the managers' entrepreneurial orientation (EO) characteristics which have made this possible, along with the organizational and social effects resulting from the process. We verify that EO is present in this company and that the development of new IT has important effects on customers and the population.

  5. Materiality and external assurance in corporate sustainability reporting: an exploratory study of Europe’s leading commercial property companies

    OpenAIRE

    Jones, Peter; Hillier, David; Comfort, Daphne

    2016-01-01

    The aims of this paper are to provide a preliminary examination of the extent to which Europe’s leading commercial property companies are embracing the concept of materiality and commissioning independent external assurance as part of their sustainability reporting processes and to offer some wider reflections on materiality and external assurance in sustainability reporting.\\ud \\ud \\ud The paper begins with an introduction to corporate sustainability,an outline of the European property marke...

  6. The representation of expatriates in the corporate governance of subsidiaries of multinational companies: A study from the Czech Republic

    Directory of Open Access Journals (Sweden)

    Lenka Komarkova

    2015-01-01

    Full Text Available The issue of the representation of expatriates in the corporate governance of subsidiaries of multinational companies is currently a much debated and yet relatively under-researched topic within the academic community. In connection with the transformation of the economy which has taken place and the activity of multinational companies in CEE countries, there have been discussions about the effect of expatriates on the output and efficiency of the corporate governance of subsidiaries. The main aim of the research carried out was to describe and analyze the representation of expatriates in the exercise of corporate governance in subsidiaries of multinational companies operating in the Czech Republic (CR. The objective of the research was to survey the representation of expatriates in MNC subsidiaries with respect to various characteristics of the subsidiary such as the country where its head office is located (country of headquarters, the size of the subsidiary and the legal form. Using statistical analysis of dependencies, a different representation of expatriates in relation to the legal form of the MNC subsidiary was demonstrated. The size of the subsidiary, measured by the number of employees, also plays a role here. The presence of an expatriate was not demonstrated to have an effect on the financial performance of an MNC subsidiary.

  7. Companies and environmental management in the social corporative responsibility framework; Empresas y gestion ambiental en el marco de la responsabilidad social corporative

    Energy Technology Data Exchange (ETDEWEB)

    Duran Romero, G.

    2009-07-01

    With the aim of reaching a sustainable path, companies have adopted initiatives in order to get other objectives not only economics but also ecological and social ones. These are inherent values to its management and are part of the corporate social responsibility. In this global, opened and sustainable context the firms play an important role encouraging social goals. This implies to change towards a more sustainable consumption and production pattern, establish new policies and to innovate for obtaining not only more profits but to improve the quality of life. (Author) 54 refs.

  8. An introduction to intellectual property licensing for technology companies

    Science.gov (United States)

    Meier, Lawrence H.

    2001-05-01

    Intellectual property licensing is an important issue facing all technology companies. Before entering into license agreements a number of issues need to be addressed, including invention ownership, obtaining and identifying licensable subject matter, and developing a licensing strategy. There are a number of important provisions that are included in most intellectual property license agreements. These provisions include definitions, the license grant, consideration, audit rights confidentiality, warranties, indemnification, and limitation of liability. Special licensing considerations exist relative to each type of intellectual property, and when the other party is a foreign company or a university.

  9. Innovation, technology transfer and development: the spin-off companies

    Directory of Open Access Journals (Sweden)

    Teodoro Valente

    2014-05-01

    Full Text Available The article starts from the identification of the reasons why Italy is less prone to technology transfer than other countries, and indicates some key issues for the diffusion of technological innovations and the development of human capital. In particular, technology transfer is not a generic form of exploitation of outcome of the research, it involves specific actions that have impact on economic production, such as the patenting and the creation of new companies (spin-offs. The author discusses the various forms of spin-offs of university research, the evolution of the phenomenon in the structures of the uni- versities, the stages of development of a spin-off company and the current fund- ing arrangements and to be promoted.

  10. Corporate governance, ownership, company structure and environmental disclosure: Evidence from Saudi Arabia

    Directory of Open Access Journals (Sweden)

    Murya Habbash

    2015-11-01

    Full Text Available This study examines the Environmental Disclosure (ED practices in Saudi Arabia and the potential relationship with Corporate Governance (CG , ownership and company structure, following the application of the Saudi 2006 CG code in 2007. The study deepens the understanding of ED and its main determinants in one of the largest economies in the Middle East. A self-constructed ED checklist, based on ISO 26000, is used. We employ regression and content analyses to examine a sample of 267 annual reports covering the period 2007-2011. The analysis finds that the average ED has improved following the application of the Saudi 2006 CG code to 30%, more than double the 14.61% found by Al-Janadi et al. (2013 during 2006-2007. The analysis also finds that audit committee effectiveness, role duality, state and institutional ownerships, firm profitability, and industry sensitivity positively affect ED. However, board independence, family ownership, and firm size are found not to be significant determinants, while a negative significant correlation was found with firm leverage. The results imply that CG regulators and stakeholders should acknowledge the importance of active audit committees comprising relevant experts and independent directors, in addition to the role of state and institutional ownership in enhancing ED. The study covers a five-year period, contrary to the majority of ED studies which focus on only one year. The study helps to fill the gap in ED literature in developing countries. Finally, the study provides a recent evaluation for the Saudi CG code recently applied in 2007.

  11. Ceramic Technologies for Sustainability: Perspectives from Siemens Corporate Technology

    Science.gov (United States)

    Rossner, W.

    2011-05-01

    Climate change, environmental care, energy efficiency, scarcity of resources, population growth, demographic change, urbanization and globalization are the most pressing questions in the coming century. They will have an effect on all regions and groups of global society. Effective solutions will require immediate, efficient and concerted activities in all areas at the social, economic and environmental level. Since the 1980s it has been understood that developments should examine their sustainability more seriously to ensure that they do not compromise the ability of future generations to meet their own needs. This has also attributes to the sustainability demand of ceramic technologies. In the last decades a wide variety of ceramics developments have been brought to the markets, ranging from human implants to thermal barrier coatings in fossil power plants. There are innovative developments which should enter the market within the next years like solid oxide fuel cells or separation membranes for gas and liquids. Further ahead there will be ceramics with self-adapting, self-healing and multifunctional features to generate novel applications to save energy and to reduce carbon footprints across the entire value creation process of energy, industry, transportation and manufacturing.

  12. Ceramic Technologies for Sustainability: Perspectives from Siemens Corporate Technology

    Energy Technology Data Exchange (ETDEWEB)

    Rossner, W, E-mail: wolfgang.rossner@siemens.com [Ceramic Materials and Devices, Siemens AG, Corporate Technology, 81739 Munich (Germany)

    2011-05-15

    Climate change, environmental care, energy efficiency, scarcity of resources, population growth, demographic change, urbanization and globalization are the most pressing questions in the coming century. They will have an effect on all regions and groups of global society. Effective solutions will require immediate, efficient and concerted activities in all areas at the social, economic and environmental level. Since the 1980s it has been understood that developments should examine their sustainability more seriously to ensure that they do not compromise the ability of future generations to meet their own needs. This has also attributes to the sustainability demand of ceramic technologies. In the last decades a wide variety of ceramics developments have been brought to the markets, ranging from human implants to thermal barrier coatings in fossil power plants. There are innovative developments which should enter the market within the next years like solid oxide fuel cells or separation membranes for gas and liquids. Further ahead there will be ceramics with self-adapting, self-healing and multifunctional features to generate novel applications to save energy and to reduce carbon footprints across the entire value creation process of energy, industry, transportation and manufacturing.

  13. Ceramic Technologies for Sustainability: Perspectives from Siemens Corporate Technology

    International Nuclear Information System (INIS)

    Rossner, W

    2011-01-01

    Climate change, environmental care, energy efficiency, scarcity of resources, population growth, demographic change, urbanization and globalization are the most pressing questions in the coming century. They will have an effect on all regions and groups of global society. Effective solutions will require immediate, efficient and concerted activities in all areas at the social, economic and environmental level. Since the 1980s it has been understood that developments should examine their sustainability more seriously to ensure that they do not compromise the ability of future generations to meet their own needs. This has also attributes to the sustainability demand of ceramic technologies. In the last decades a wide variety of ceramics developments have been brought to the markets, ranging from human implants to thermal barrier coatings in fossil power plants. There are innovative developments which should enter the market within the next years like solid oxide fuel cells or separation membranes for gas and liquids. Further ahead there will be ceramics with self-adapting, self-healing and multifunctional features to generate novel applications to save energy and to reduce carbon footprints across the entire value creation process of energy, industry, transportation and manufacturing.

  14. The integration of corporate social responsibility into the strategy of technology-intensive firms: a case study

    Directory of Open Access Journals (Sweden)

    Miha Škerlavaj

    2010-06-01

    Full Text Available This paper presents a new perspective which calls for an integration of ethics and corporate social responsibility (CSR into the company strategy as a source of competitive advantages. The research question we pose is how a company can successfully carry out this integration of CSR into its strategic management, for which a model that includes three stages – introduction, implementation and generalization of CSR – is presented. Based on an exploratory case study within a Spanish technology-intensive firm (Indra, we show the way this company has developed and implemented an explicit plan for the integration of ethical values and CSR initiatives into its corporate and business strategies. Although this company has established its own methodology in order to develop and implement CSR plans, it fits in essence to our three-stage model of CSR integration. In general, our analyses show a beneficial impact of the development and implementation of CSR plan for this technology-intensive company. In particular, it seems that the CSR plan enables companies to improve its’ internal and external (competitive context through a better exploration and exploitation of knowledge, its stable relationships with stakeholders and the development and improvement of intangible resources such as reputation or social capital. It is also shown that there are important factors to consider in order this process can successfully carried out, such as organizational culture, human resource practices or knowledge management systems. Future research will need to engage in largerscale confirmatory as well as longitudinal studies of the impact of CSR implementation for company performance.

  15. Finding the Link between CSR Reporting and Corporate Financial Performance: Evidence on Czech and Estonian Listed Companies

    Directory of Open Access Journals (Sweden)

    Jiří Strouhal

    2015-09-01

    Full Text Available Despite the fact that obligations to publish reports on corporate social responsibility will come into force in the European Union from 2018, an increasing number of companies are starting to implement corporate social responsibility (CSR policy into their everyday business practices, and as a result the information of this activity is disclosed in CSR reports or within annual reports. As the disclosure of such information is currently voluntarily based, we believe that the growing popularity of CSR leads to a direct link between the sustainability of the company and its financial performance. The purpose of this paper is therefore to determine the linkage between CSR and financial performance within two countries in the CEE region – Czech and Estonia – using data from 2012 - 2013. We compare return on assets and normalized market value added of listed companies. Based on the results, we can state that the implementation of a standalone CSR report does not have any direct linkage with the financial performance of the tested companies.

  16. ANALYSIS OF THE RELATION BETWEEN INTANGIBLE ASSETS AND LEVELS OF CORPORATE GOVERNANCE OF LISTED COMPANIES IN BM&FBOVESPA

    Directory of Open Access Journals (Sweden)

    Marcus Vinicius Moreira Zittei

    2015-12-01

    Full Text Available The objective of this research was to determine whether the fact of being listed or not in the levels of corporate governance of BM&FBovespa implies different characteristics in relation to the values and types of intangible assets recorded in the financial statements. We conducted descriptive research by document analysis and quantitative approach in a sample of 192 companies. The results in relation to the values of intangible assets have shown that the new market stood out because, at this level, the companies had the highest average values invested in intangibles. Within the intangibles evidenced by companies, software trademarks and patents, goodwill and concession contracts stood out. Finally, logistic regression analysis shows that being in the list or not implies different percentages in relation to intangible fixed assets. It is also implies in the record of intangibles of greater complexity such as investment in goodwill, relations with suppliers and customers, development of research.

  17. Does Technology Transfer Help Small and Medium Companies? Empirical Evidence from Korea

    Directory of Open Access Journals (Sweden)

    Dae-Hwan Kim

    2016-11-01

    Full Text Available We challenge the view that technology transfer from big companies to small and medium (SM size companies helps SM companies to prosper. With a large dataset of SM companies in Korea, we utilize the stochastic production frontier (SPF model to examine the productivity of inputs and the generalized linear model (GLM to compare business performance between two groups of SM companies: SM companies that receive technology transfer and those that do not receive technology transfer from big companies. The empirical results demonstrate that the transfer of technology from big companies to SM companies help SM companies to enjoy productivity of capital. Nonetheless, SM companies receiving technology transfer were found to underperform in terms of labor productivity and profit margin compared to their counterparts. We further investigate the reasons why SM companies receiving technology transfer from big companies underperform relative to their counterparts, and our findings shows that the former do not export much of their product and face more difficulties such as lower price for their products imposed by big companies than the latter. By identifying the negative rather than the conventionally assumed positive effect of technology transfer, this paper contributes to the literature on the relationship between technology transfer and SM companies’ prosperity in the case of Korea. Our findings have important implications for how SM companies should strategize and rethink about the clauses embedded in the transfer of technology that they receive from big companies because technology transfer plays as a barrier to their prosperity.

  18. 75 FR 54388 - General Motors Company Formerly Known as General Motors Corporation, Orion Assembly Plant...

    Science.gov (United States)

    2010-09-07

    ... Formerly Known as General Motors Corporation, Orion Assembly Plant Including On-Site Leased Workers From Aerotek Automotive Lake Orion, MI; Amended Certification Regarding Eligibility To Apply for Worker... Motors Corporation, Orion Assembly Plant, Lake Orion, Michigan. The notice was published in the Federal...

  19. Convergence and Spanish technological specialization: the role of multinational companies

    International Nuclear Information System (INIS)

    Urraca Ruiz, A.

    2007-01-01

    Using patent data from EPO from 1978 to 2003, this paper aims to identify the role of MNE in the determination of technological specialization trends and convergence in Spain and the extend to which the technological activity of these companies helps to define the technical distribution of competence in the country.The main findings are: (i) Spain reduces its technological distances to world along the whole period; (ii) Spanish convergence process does not seem to be accompanied by greater specialization, but greater diversification of its technological competence; (iii) Spain is specialized in a few technical fields characterized by being less dynamic and pervasive; (iv) MNE do not seem to hold strong competence in those technical fields where Spain holds technological strengths but do help to convergence process thought diversification of competence process, which is a consequence of the performance of MNE in host catching up countries, more focused on duplication of their home countries.(Author)

  20. Determinants of Corporate Performance: A Study on Furniture Companies in Jepara Indonesia

    Directory of Open Access Journals (Sweden)

    Amron A.

    2015-03-01

    Full Text Available The aims of this research were to analyze corporate performance through learning orientation, leader’s characteristics, market orientation, and innovation in furniture industries in Jepara, Indonesia. The samples in this research were 110 small and medium enterprises. Based on SEM analysis results, the seven research hypothesis used were; (1 learning orientation has significant effect on corporate performance; (2 learning orientation has significant effect on innovation; (3 leader’s characteristics do not have significant effect on corporate performance; (4 leader’s characteristics have significant effect on innovation; (5 market orientation has significant effect on innovation; (6 market orientation has significant effect on corporate performance; (7 Innovation does not have significant effect on corporate performance. After the test and analysis, it was found that five out of the seven hypotheses were accepted and two out of them were rejected.

  1. Strategy Development of PT XYZ a Startup Technology Company

    OpenAIRE

    Rahman, Leila Fatmasari; Mangkusubroto, Kuntoro; Sunitiyoso, Yos

    2012-01-01

    PT. XYZ (XYZ) is an Indonesian startup technology company which provides IT Consulting and System Integration services. In this research, XYZ's strategy for the next three years (until 2015) will be crafted by going through the strategic management process which consists of the following stages: (1) environment analysis of XYZ, (2) setting strategic vision, (3) setting objective, (4) crafting strategy and (5) executing the strategy. Based on the result of the environment analysis, XYZ's visio...

  2. Service technologies as factor of service and tourism companies' competitiveness

    OpenAIRE

    Zhanna Gornostaeva; Vladimir Zhidkov

    2014-01-01

    The authors define the role of service technology in shaping the quality of service and tourism companies, the authors' method of measuring the quality of service and tourism businesses and developing a conceptual model of quality of service and the conceptual model of the internal quality of the service, and also carry out testing of the model on the example of the 'Intourist' Hotel in Volgograd, Russia.

  3. Quantitative valuation of platform technology based intangibles companies

    OpenAIRE

    Achleitner, Ann-Kristin; Nathusius, Eva; Schraml, Stephanie

    2007-01-01

    In the course of raising external equity, e.g. from venture capitalists, a quantitative valuation is usually required for entrepreneurial ventures. This paper examines the challenges of quantitatively valuing platform technology based entrepreneurial ventures. The distinct characteristics of such companies pose specific requirements on the applicability of quantitative valuation methods. The entrepreneur can choose from a wide range of potential commercialization strategies to pursue in the c...

  4. Navigating the “paradox of openness” in energy and transport innovation: Insights from eight corporate clean technology research and development case studies

    International Nuclear Information System (INIS)

    Sovacool, Benjamin K.; Jeppesen, Jakob; Bandsholm, Jesper; Asmussen, Joakim; Balachandran, Rakulan; Vestergaard, Simon; Andersen, Thomas Hauerslev; Sørensen, Thomas Klode; Bjørn-Thygesen, Frans

    2017-01-01

    Using an inductive case study approach drawn from original interview data, this article investigates the innovation approaches among a sample of international energy companies, or corporate firms. It first presents a conceptual framework synthesized from the business studies, entrepreneurship, evolutionary economics, innovation studies, management science, organization studies, political science, and sociology literature. This framework suggests that corporate approaches to clean technology innovation will cut across the four dimensions of organizational multiplicity and stakeholder involvement, information sharing, coordination and control, and market orientation. It then explores how eight firms—the Algal Carbon Conversion Flagship and Aurora Algae (biofuel), DONG and Statoil (carbon capture and storage), Tesla and Volkswagen (electric vehicles), and Siemens and Vestas (offshore wind turbines)—approach clean technology development with “open innovation” attributes mixed with “closed” attributes. Although the study finds striking similarities among the particular approaches embraced by each corporate actor, it also notes that approaches are technology and firm specific, and the potential for different permutations leads to an almost endless number of possible stylistic combinations. The innovation profiles depicted also reveal conflict and competition among various stakeholders, the implication being that corporate innovation in the energy sector remains a conflicted, disjointed, and messy process. - Highlights: • Corporate firms remain under-examined in the energy studies literature. • Corporate approaches to clean technology innovation cut across “open” and “closed” attributes. • The corporate innovation profiles depicted reveal elements of conflict and competition.

  5. The evolution of a company based on technological innovation. Gamesa

    International Nuclear Information System (INIS)

    Lopez Mielgo, N.

    2007-01-01

    This paper reviews the evolution of a company that has based its competitive strategy on technological innovation. Gamesa was established in 1976 and it has been continuously transforming its portfolio of businesses until it has become one of the main global operators in the field of wind turbine manufacturing. The firm was able to apply its technological capital in the emerging phase of the domestic wind energy industry. Once leadership in Spain was consolidated, Gamesa has developed an ambitious programme of sales and operational internationalisation, which has converted it in the number two producer of wind turbines worldwide. (Author)

  6. TECHNOLOGY EVALUATION REPORT: SILICATE TECHNOLOGY CORPORATION - SOLIDIFICATION/STABILIZATION OF PCP AND INORGANIC CONTAMINANTS IN SOILS - SELMA, CA

    Science.gov (United States)

    This Technolgy Evaluation Report evaluates the solidification/stabilization process of Silicate Technology Corporation (STC) for the on-site treatment of contaminated soil The STC immobilization technology uses a proprietary product (FMS Silicate) to chemically stabilize and ...

  7. Analysis of Indicators of Corporate Responsibility in Road Freight Transport: Results of Transport Companies and FMCG Retailers in Serbia

    Directory of Open Access Journals (Sweden)

    Dragan Đuranović

    2016-12-01

    Full Text Available The aim of this paper is the analysis of indicators of corporate responsibility in road freight transport, with special emphasis on freight transport and delivery to Fast Moving Consumers Goods (FMCG retailers and final consumer. The main task is to rank the importance of corporate responsibility indicators in freight transport from the perspective of the management of transport companies, as well as management of retail stores. In this context, empirical research was conducted on a sample of 124 managers of transport enterprises and 181 managers of FMCG retailers in Serbia. The results showed that the impact of indicators does not depend on the region, transport company and retail store. The indicators show a statistically significant dependence on FMCG type that is being transported. The conducted analysis and achieved results are important in practice as they show to the management of transport companies which indicators should be developed, so that customers (retailers, and thus the users of final products are satisfied. Disadvantages of the existing research and suggestions for future studies are provided in the paper.

  8. How Does a Staggered Board Provision Affect Corporate Strategic Change?—Evidence from China’s Listed Companies

    Directory of Open Access Journals (Sweden)

    Kai Wang

    2018-05-01

    Full Text Available As China’s capital market has become more and more developed, listed companies have begun to establish some anti-takeover provisions to protect their controlling right. Existing studies have examined the consequences of the establishment of such provisions. However, few studies have explored how these provisions affect corporate strategic change. Based on agency theory and prospect theory, this paper proposes two channels through which one of the anti-takeover provisions, staggered board provision, impacts strategic change. Using the data of China’s listed companies which issue A-shares in Shenzhen and Shanghai stock exchanges from 2007 to 2014, these two channels are tested. We find that the existence of a staggered board provision negatively affects the extent of strategic change. In addition, if governance mechanisms restrict directors’ power, the relationship between staggered board provision and strategic change will be weakened, which supports the agency theory. If the listed company is faced with a more dynamic external environment, the relationship between staggered board provision and strategic change will be stronger, which supports the prospect theory. These results are robust after we use a different method to measure strategic change. Our conclusions not only enrich literature about strategic change and anti-takeover provisions, but also are helpful for improving corporate governance in China and other developing countries.

  9. Impact of the Accounting Information System on Corporate Governance: Evidence from Turkish Non-Listed Companies

    Directory of Open Access Journals (Sweden)

    Ali Uyar

    2017-03-01

    Full Text Available the abuses of managers have the ability to create major problems. In order to avoid future scandals, this study investigates the association between the accounting information system and corporate governance. We hope that these findings will contribute towards the enhancement of good corporate governance created by the accounting function of business organizations. The results of empirical analyses indicate that bookkeeping, financial reporting, and the budgeting system have a positive impact on the corporate governance level, whereas the adoption of Turkish Accounting / Financial Reporting Standards do not. Thus, in order to foster corporate governance, managers should establish internal reporting procedures as well as internal control and monitoring devices before attempting external control through independent auditing.

  10. Workforce gender, company size and corporate financial support are predictors of availability of healthy meals in Danish worksite canteens

    DEFF Research Database (Denmark)

    Thorsen, Anne Vibeke; Lassen, Anne Dahl; Andersen, Jens Strodl

    2009-01-01

    . Design: A self-administered questionnaire was randomly mailed to 1967 worksite canteen managers. Besides information and characteristics about the canteen and the worksite. the canteen managers specified the Menus available Two different health groups (Healthy and Less Healthy) were defined in three...... Danish worksite canteen managers replied, resulting in a response rate of 29% Results Only 12% of the canteens applied to the Healthy group combining all the three meal categories in particular, worksites with more than 75% female employees served healthy menus on a. frequent basis The size...... of the worksite was positively correlated with more healthy meal options Furthermore, the present study suggest.,, I positive relationship between corporate financial support and the availability of healthy meal options Conclusions Among the selected variables Studied, workforce gender, company size and corporate...

  11. The Size and Composition of Corporate Headquarters in Multinational Companies: Empirical Evidence

    OpenAIRE

    Collis, David J.; Young, David; Goold, Michael

    2012-01-01

    Based on a six-country survey of nearly 250 multinationals (MNCs), this paper is the first empirical analysis to describe the size and composition of MNC headquarters and to account for differences among them. Findings are as follows: MNC corporate headquarters are more involved in "obligatory" and value creating and control functions than in operational activities; there are no systematic differences in the determinants of the size and composition of corporate headquarters between MNCs and p...

  12. Improving Shareholder Value through Corporate Governance Mechanism in Malaysian Listed Companies

    OpenAIRE

    Ibrahim, Mohammed Yussoff; Ahmad, Ayoib Che; Khan, Muhammad Anees

    2016-01-01

    This paper proposes to investigate the postulations of renowned agency theory and shareholder value (SHV) in relation to Corporate Governance (CG) attributes. Shareholder value is of a great concern to the shareholders of firms. Shareholder value have been investigated by numerous studies of corporate governance but with inconsistent empirical evidence. This study will focus on investigating the impact of CG attributes on Shareholder value measured by Tobin’s Q or return on both equity and as...

  13. Corporate Social Responsibility and Organizational Structure in Companies Participating in the Gaúcho Program of Quality and Productivity (PGQP

    Directory of Open Access Journals (Sweden)

    Andressa Hennig Silva

    2015-12-01

    Full Text Available Among the complexities of today's globalized world, CSR appears as an emerging and dynamic subject that enjoys increasing attention in the organizational context as it becomes a must for companies that want to stay competitive in the market. Faced with this context, the central objective of this study is to examine the ways in which companies bring corporate social responsibility into their organizational structures. As for the methodological procedures, this study appears as quantitative, descriptive and as a survey. The data collection instrument used was a questionnaire adapted from Aldama; Love; Trostianki (2009 in a sample of 15 companies which have won the RS Quality Award in the years 2011-2013 in the categories Diamond, Silver and Gold. As a result it was found that companies adopt different ways of incorporating CSR function into the organizational structure, much of which is still in the design phase, since the activities and responsibilities in this sector are not discharged within a specific division, but rather linked to other sectors, such as quality management, which has boosted the adoption of CSR by companies.

  14. Human Capital Development (HCD) through Open, Distance and E-Learning: Evidence from Corporate Annual Reports (CARs) of Top South African Listed Companies

    Science.gov (United States)

    Adelowotan, Mo

    2014-01-01

    This paper discusses the role of open, distance and e-learning in the development of human resources by examining human capital development related disclosures in the corporate annual reports (CARs) of top South African listed companies. The study employed content analysis method to analyse the CARs of these companies with the aid of qualitative…

  15. Sources of Legal Regulation of Mergers, Acquisitions, Consolidations, Joint Stock Companies in Russia and Corporations in the United States

    Directory of Open Access Journals (Sweden)

    Stanislav E. Kuzmin

    2015-01-01

    Full Text Available The article outlines general characteristics of the sources of law, regulating relations associated with mergers, consolidations, acquisitions of joint stock companies in Russia and corporations in the United States respectively in the Russian legislation and the legislation of the United States and individual States. Both in Russia and in the USA there is a constitutional separation of powers between the Federal authorities and the Subjects of the Federation/States respectively. In both countries legal regulation of mergers and acquisitions of corporations is carried out first of all by a number of laws. These laws fall into three main groups: securities laws, antitrust (competition laws and civil and joint-stock legislation in Russia and corporate laws in the US. All the three groups are federal laws in Russia, while in the US the first two are federal too, but the last one is state laws. It is necessary to highlight the important role of judicial decisions in the United States on legal regulation of mergers, acquisitions, takeovers in comparison with Russia, which is due to the differences in the legal systems of the states in question. However, although Russia is not a state of case law, such legal acts as the resolution of the Plenum of the Supreme Commercial Court will undoubtedly have an impact on law enforcement practice and, consequently, on the regulation of relevant relations. Of particular importance are the findings of the Constitutional Court, whose decisions may cancel acts or their separate provisions provided they are recognized as unconstitutional. Such acts are repealed. Decisions of courts and other bodies based on acts or their separate provisions, recognized by the Constitutional Court of the Russian Federation unconstitutional, are not subject to execution and shall be revised in accordance with the Federal law. The US case law implies existence of a hierarchy of precedents according to which decisions adopted by the

  16. Organizational changes to improve the harmonic operations and corporate companies in the Republic of Macedonia

    OpenAIRE

    Kalapoceva, Sanja

    2014-01-01

    Organizational change is a very simple concept between successful companies . Course plays an important role in building productive business . However , some companies still have not grasped the magnitude of change . It is inevitable for employees in a company to avoid change , just as they would not be willing to accept what is unfamiliar and stressful . Employees are comfortable when working in their current environment and working environment . They do not want a lot of work...

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

    OpenAIRE

    Lai, Yu Jen

    2006-01-01

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

  18. THE SOCIAL OPERATING LICENSE OF CORPORATIONS: MINING COMPANIES AND THEIR CONSTITUENTS

    OpenAIRE

    Dumitru Borțun; Camelia Crişan

    2012-01-01

    Several authors from the CSR literature have proposed the term “license to operate” when referring to companies and their activities in the relevant communities (Visser, 2008, Post, Preston & Sachs, 2002). Others have implied this term when referring to the types of responsibilities a company needs to have in order to be able to exercise its activity in the society (Blair [1994] 2004, Clarke [1998] 2004 and Philips 2003). Consultancy companies have already coined the term: social license to o...

  19. [Work ability among workers from a condominiun of high technology companies].

    Science.gov (United States)

    Fernandes, Angela Cristina Puzzi; Monteiro, Maria Inês

    2006-01-01

    Remarkable transformation occurred in the last two decades on the industrial sector, such as the use of trainees and outsourced labor. In a epidemiological cross-sectional study 190 workers, aimed at assessing work ability and building up a socio-demographic life styles of workers, outsourced workers and trainees, who work at a corporate condominium comprising high technology companies. The Work Ability Index was employed with a questionnaire concerning lifestyle and demographic data. Gender balance was noticed, with a prevalence of youngsters and single people (63.2%). Few were tobacco smokers (13.2%), 62.6% performed physical exercise. In addition, 44.2% were medically diagnosed with some illness. This study is very important due to their interchangeability and to the general lack of a worker's health service.

  20. Integration of market pull and technology push in the corporate front end and innovation management - Insights from the German software industry

    DEFF Research Database (Denmark)

    Brem, Alexander; Voigt, K.-I.

    2009-01-01

    Within the framework of this paper, an extensive literature overview of technology and innovation management aspects on market pull and technology push will be given. The existing classification of market pull and technology push will be particularly shown and called into question by suggesting...... a conceptual framework. Additionally, the most common front end innovation models will be introduced. Finally, the authors will introduce how a technology-based service company is managing the connection of these two alternatives. A special focus will be laid on the accordant methods in order to search...... will be introduced as to how market pull and technology push activities within the corporate technology and innovation management can be integrated. Hence, the purpose of the paper is to introduce a theory-based conceptual framework that can be used in today’s corporate environment. In this context, technology...

  1. Corporate social responsibility for regional sustainability after mine closure: a case study of mining company in Indonesia

    Science.gov (United States)

    Syarif, Andi Erwin; Hatori, Tsuyoshi

    2017-06-01

    Creating a soft-landing path for mine closure is key to the sustainability of the mining region. In this research, we presents a case of mine closure in Soroako, a small mining town in the north-east of South Sulawesi province, in the center of Sulawesi Island in Indonesia. Especially we investigates corporate social responsibility (CSR) programs of a mining company, PT Vale Indonesia Tbk (PTVI), towards a soft-landing of mine closure in this region. The data of the CSR programs are gathered from in-depth interviews, the annual reports and managerial reports. Furthermore we presents an integrated view of CSR to close mining in a sustainable manner. We then evaluate CSR strategies of the company and its performance from this viewpoint. Based on these steps, the way to improve the CSR mine closure scenario for enhancing the regional sustainability is discussed and recommended.

  2. THE IMPACT OF CORPORATE GOVERNANCE DIMENSIONS ON FINANCIAL STRUCTURE OF THE COMPANIES IN DEVELOPING COUNTRIES

    Directory of Open Access Journals (Sweden)

    IONESCU ALIN

    2014-12-01

    Full Text Available Corporate governance represents a current topic for academic community and practitioners, in the context of globalization and crisis, especially in case of developing countries. The main purpose of this paper is to analyze which dimensions of corporate governance are able to exercise a significant impact on the companies’ financial structure, using a dataset with 77 developing countries from Africa, Asia, Latin America and Central and Eastern Europe. The data are provided from World Bank Enterprise Survey website and the variables are grouped in two directions: corporate governance and financial structure variables. In this regard, using principal components analysis approach, we grouped firstly the variables related to financial structure and then variables related to the main four dimensions of corporate governance, such as ownership structure and management quality, transparency, environment and corruption. The impact of corporate governance dimensions on companies’ financial structure was analyzed in a generalized linear model framework and the main result of this paper consists in the fact that, for analyzed countries, companies’ financial structure is significantly influenced by several dimensions of the governance like transparency, environment or corruption

  3. THE IMPACT OF CORPORATE GOVERNANCE DIMENSIONS ON FINANCIAL STRUCTURE OF THE COMPANIES IN DEVELOPING COUNTRIES

    Directory of Open Access Journals (Sweden)

    IONESCU ALIN

    2014-12-01

    Full Text Available Corporate governance represents a current topic for academic community and practitioners, in the context of globalization and crisis, especially in case of developing countries. The main purpose of this paper is to analyze which dimensions of corporate governance are able to exercise a significant impact on the companies’ financial structure, using a dataset with 77 developing countries from Africa, Asia, Latin America and Central and Eastern Europe. The data are provided from World Bank Enterprise Survey website and the variables are grouped in two directions: corporate governance and financial structure variables. In this regard, using principal components analysis approach, we grouped firstly the variables related to financial structure and then variables related to the main four dimensions of corporate governance, such as ownership structure and management quality, transparency, environment and corruption. The impact of corporate governance dimensions on companies’ financial structure was analyzed in a generalized linear model framework and the main result of this paper consists in the fact that, for analyzed countries, companies’ financial structure is significantly influenced by several dimensions of the governance like transparency, environment or corruption.

  4. The effect of corporate performance on the stocks in the companies doing IPO

    Directory of Open Access Journals (Sweden)

    - Suherman

    2016-07-01

    Full Text Available This study tries to (1to examine the difference of corporate social performance (CSP between the old IPO firms and the new IPO firms, and (2to investigate the influence of corporate social performance (CSP on stock return. Corporate social performance (CSP is measured using NH approach and stock return is measured using cumulative abnormal returns (CAR and holding-period returns (HPR. The sample covers 75 IPO firms listed on the Indonesia Stock Exchange between 2011 and April 2015. Our study employs independent sample test and ordinary least square (OLS regression to analyze the research models. The results show that 1 there is significant difference in corporate social performance (CSP between the old IPO firms and the new IPO firms, and 2CSP has positive and significant effect on stock return, controlling for firm size, firm growth, institutional ownership and managerial ownership. Robustness tests support the results. Investor should pay much more attention on the old IPO firms and corporate social performance (CSP. Firms that are going to sell IPO stocks, specifically for young firms, should concern more on social responsibilities.

  5. Female directors on corporate boards provide legitimacy to a company : A resource dependency perspective

    NARCIS (Netherlands)

    Lückerath – Rovers, M.

    2009-01-01

    This study addresses the research question why some companies do and others do not have women on their boards. This study provides evidence on the organizational characteristics that affect the likelihood of women being appointed. The results show that in The Netherlands company size, board size,

  6. The Formative Years of the Modern Corporation: The Dutch East India Company VOC, 1602-1623

    NARCIS (Netherlands)

    O. Gelderblom (Oscar); A. de Jong (Abe); J. Jonker (Joost)

    2012-01-01

    textabstractWith their legal personhood, permanent capital with transferable shares, separation of ownership and management, and limited liability for both shareholders and managers, the Dutch East India Company (VOC) and subsequently the English East India Company (EIC) are generally considered a

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

    Directory of Open Access Journals (Sweden)

    Ewa Chojnacka

    2017-01-01

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

  8. Characteristics and Communication--Effectiveness of "Fortune 500" Company Corporate Homepages

    Science.gov (United States)

    Truell, Allen D.; Zhao, Jensen J.; Alexander, Melody W.; Whitesel, Joel A.

    2005-01-01

    The Internet and its component parts, email and the World Wide Web (Web), have had a tremendous impact on how companies communicate with their various audiences. Thus, the twofold purpose of this study was (a) to determine the characteristics of "Fortune 500" company homepage components and (b) to determine the communication effectiveness of…

  9. Technology-enhanced learning in the corporate context

    NARCIS (Netherlands)

    Margaryan, A.; Collis, Betty; Hansson, T.

    2008-01-01

    This paper focuses on tools and strategies to integrate the strengths of formal and informal learning in the corporate context via the use of work-based activities within courses. The following proposition is argued: An effective course in the corporate context becomes a blend of formal and informal

  10. Factors Affecting Use of Telepresence Technology in a Global Technology Company

    Science.gov (United States)

    Agnor, Robert Joseph

    2013-01-01

    Telepresence uses the latest video conferencing technology, with high definition video, surround sound audio, and specially constructed studios, to create a near face-to-face meeting experience. A Fortune 500 company which markets information technology has organizations distributed around the globe, and has extensive collaboration needs among…

  11. A Methodology for Reducing Bench Strength in Information Technology Companies

    Directory of Open Access Journals (Sweden)

    Boby John

    2015-07-01

    Full Text Available One of the major risks in information technology (IT project execution is the non-availability of resources with required skill sets to meet the project demands. To mitigate this risk, almost every IT organization maintains a portion of their resources on bench. The bench strength reduces the delay in starting the project due to the non-availability of skilled resources. But bench strength or buffer is cost to the company. A medium scale Indian IT company incurs around USD 142,347 monthly on maintaining the bench strength. Hence this study is undertaken to develop a methodology to reduce the bench strength in IT companies. The proposed methodology is to obtain an optimum mix of resources from bench and through recruitment to meet the demands at a minimum cost. This is done by formulating the problem as an integer programming problem. The problem aims to minimize the total cost of obtaining the skilled resources without violating the constraints on demand, bench strength availability and recruitment lead time. The problem can be solved using Microsoft excel solver function or any other optimization packages like CPLEX, Gurobi, etc. A case study on the application of proposed methodology is also discussed in the paper. The case study showed that the proposed methodology is superior to the existing practice of maintaining large bench strengths to meet the demands for resources with various skills.

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

    International Nuclear Information System (INIS)

    Molodchik, M.

    2016-01-01

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

  13. CONDITIONS OF COOPERATION BETWEEN COMPANIES AND NGOs IN THE FIELD OF CORPORATE SOCIAL RESPONSIBILITY ACTIVITIES: THE POLISH CASES

    Directory of Open Access Journals (Sweden)

    Rafał Drewniak

    2015-12-01

    Full Text Available Corporate social responsibility (CSR is becoming an increasingly popular area of activity of companies which are interested in not only the managers or owners, but also customers, suppliers, NGOs, administrative and other stakeholders groups. The analysis aim is to present CSR initiatives as part of deliberate strategy of the company, which is one of the key sources of competitive advantage in the market. The findings concern the scope of cooperation between companies and NGOs in the field of socially responsible activities. The analysis indicates that the expected form of cooperation of NGOs with small businesses is to provide financial assistance to social organizations. However, in the case of medium-sized enterprises, these expectations also apply to material support. Moreover, in the case of medium-sized enterprises a key determinant of cooperation with social organization is realization of the social objective, while small businesses are more guided by "goodness of the heart". Considerations based on the identification of scope of CSR, are pointing to the key aspects of this activity to the company, the environment and customers. Discussions were extended to the characteristics of the benefits, barriers and forms of the cooperation, as well as, there were presented the results of research in the field of forms and determinants of such cooperation. Considerations are based on secondary sources, from national and international journals, books, magazines and specialist reports.

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

    Directory of Open Access Journals (Sweden)

    Ercsey Ida

    2016-06-01

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

  15. Corporate Social Responsibility Reputation (CSRR) : do companies comply with their raised CSR expectations?

    NARCIS (Netherlands)

    Soppe, A.B.M.; Schauten, M.B.J.; Soppe, J.; Kaymak, U.

    2011-01-01

    This paper develops the concept of Corporate Social Responsibility reputation (CSRR) both theoretically and empirically. The first part examines the literature on CSRR extensively in an attempt to develop both a qualitative and a quantitative interpretation to measure CSRR. The new aspect of this

  16. 75 FR 71792 - National Express Corporation-Control Exemption-Vogel Bus Company, Inc.

    Science.gov (United States)

    2010-11-24

    .... 13101; (2) regulation either is not needed to protect shippers from the abuse of market power or the... DEPARTMENT OF TRANSPORTATION Surface Transportation Board [Docket No. MC-F-21039] National Express...: Notice of filing of petition for exemption. SUMMARY: National Express Corporation (NEC), a noncarrier...

  17. 77 FR 74520 - Encore Clean Energy, Inc., Energy & Engine Technology Corp., Equity Media Holdings Corporation...

    Science.gov (United States)

    2012-12-14

    ... SECURITIES AND EXCHANGE COMMISSION [File No. 500-1] Encore Clean Energy, Inc., Energy & Engine Technology Corp., Equity Media Holdings Corporation, eTotalSource, Inc., Extensions, Inc., Firepond, Inc., and GNC Energy Corporation; Order Withdrawing Trading Suspension as to Extensions, Inc. December 12...

  18. 78 FR 23472 - Amendments to Existing Validated End-User Authorizations: CSMC Technologies Corporation in the...

    Science.gov (United States)

    2013-04-19

    ... Corporation in the People's Republic of China (PRC) AGENCY: Bureau of Industry and Security, Commerce. ACTION... Technologies Corporation (CSMC) in the People's Republic of China (PRC). Specifically, BIS amends Supplement No... comment are not required under the APA or by any other law, the analytical requirements of the Regulatory...

  19. Environmental management maturity of local and multinational high-technology corporations located in Brazil: the role of business internationalization in pollution prevention

    Directory of Open Access Journals (Sweden)

    Giovanna Maialle

    2016-06-01

    Full Text Available Abstract This paper identifies and characterizes the environmental maturity level of local and multinational high-technology corporations located in Brazil. This characterization is achieved by discussing the adoption of environmental management practices and considering aspects of the productive process stage. An eight-case study was conducted through data triangulation using interviews with employees in diverse organizational areas, direct observations and secondary data. The results indicate the differences in environmental positioning among the studied corporations with a predominance of preventive practices, i.e., an emphasis on eco-efficiency and compliance with legislation. It was also noted that environmental concerns in the corporations are related to internationalization and, in some cases, to the pressure exerted by corporations that represent the brand of the products produced in Brazil. Moreover, the adoption of environmental practices based on the productive process stage supported the environmental maturity classifications of the studied companies.

  20. ANALYSIS OF CORPORATE SOCIAL RESPONSIBILITY, DEFAULT RISK AND CONSERVATISM EFFECT TO EARNING MANAGEMENT WITH GOOD CORPORATE GOVERNANCE AS MODERATING VARIABLE IN MANUFACTURING COMPANY WHOSE SHARES INCORPORATED IN INDONESIA SHARIA STOCK INDEX

    Directory of Open Access Journals (Sweden)

    Budi Gautama Siregar

    2018-05-01

    Full Text Available The purpose of this research is to examine and analyze Good Corporate Governance in moderating the relationship between Corporate Social Responsibility (as measured by economic, environmental and social, Default Risk (as measured by debt to equity ratio and debt to assets ratio and Conservatism (as measured by earning / stock return relation, accruals and net assets Earnings Management. The sample used is a manufacturing company during the period 2011- 2015. The total sample used is 170 samples. Sampling technique used is saturated sample method. The analytical model used in this research with Structural Equation Modeling. The results showed that Corporate Social Responsibility, as measured by the economy and environment, has a positive and significant effect on earning management, while Corporate Social Responsibility measured by social have negative and significant effect to earning management. Default risk, as measured by debt to equity ratio and debt to asset ratio, has positive and significant effect on Earnings Management. Also, conservatism measured by earning / stock return relation and accrual has adverse and insignificant effect on earning management. Good Corporate Governance moderates weakening the effect of Corporate Social Responsibility as measured by economic, environmental to Earnings Management. Meanwhile, the interaction of Corporate Social Responsibility proxy by social with good corporate governance has a positive and significant effect. Good Corporate Governance moderates weakening the effect of default risk measured by debt to equity ratio on Earnings Management, while the interaction between default risk measured by debt to asset ratio with good corporate governance has positive and insignificant effect, so GCG does not moderate the effect of default risk as measured by debt to asset ratio to Earnings Management. Another result was that good Corporate governance does not moderate Conservatism effect measured by Earning

  1. The Importance of Localized Related Variety for International Diversification of Corporate Technology

    DEFF Research Database (Denmark)

    Dettmann, Eva; Lacasa, Iciar Dominguez; Günther, Jutta

    2016-01-01

    The importance of localized related variety for international diversification of corporate technology, Regional Studies. Internationalization of research and development has increased substantially in recent years. This paper analyses the determinants of spatial distribution of foreign technologi......The importance of localized related variety for international diversification of corporate technology, Regional Studies. Internationalization of research and development has increased substantially in recent years. This paper analyses the determinants of spatial distribution of foreign...... technological activities across 96 regions in Germany. It identifies foreign technological activities by applying the cross-border ownership concept to patent applications. The main proposition is that regions with higher related variety of technological activities between sectors attract more foreign...

  2. Practices of corporate social responsibility and sustainable systems work in Peruvian companies issuing sustainability reports

    OpenAIRE

    Prialé, María Angela; Fuchs, Rosa María; Sáenz, Manuel

    2014-01-01

    Through a literature review, this exploratory study seeks to determine whether the practices related to its colaborators, who report as part of its action responsible Peruvian companies issuing sustainability reports can be considered sustainable management practices of human resources. To this end, it was used the approach of sustainable work systems as a general approach. It was found that some of the practices of responsible management of human resources that implement the analyzed compani...

  3. Aprendizagem corporativa e acumulação tecnológica: a trajetória de uma empresa de transmissão de energia elétrica no Norte do Brasil Corporate learning and technological accumulation: the trajectory of an electrical energy transmission company in northern Brazil

    Directory of Open Access Journals (Sweden)

    Anna Carolina Lemos Rosal

    2006-04-01

    Full Text Available Este artigo examina, pela perspectiva intra-empresarial, as implicações dos processos subjacentes de aprendizagem para a trajetória de acumulação de capacidades tecnológicas. Esse relacionamento é examinado, à base de um estudo de caso individual, em uma empresa de transmissão de energia elétrica no Norte do Brasil de 1990 a 2004. A métrica para exame da acumulação tecnológica distingue entre capacidades rotineiras (para operar ou usar tecnologias e/ou sistemas de produção existentes e capacidades inovadoras (para inovar tecnologias e/ou sistemas de produção. Tais capacidades são examinadas para três funções tecnológicas: i engenharia, projetos e equipamentos; ii operação e manutenção; e iii processos operacionais. A métrica para aprendizagem tecnológica identifica quatro processos examinados à luz de características-chave. O estudo baseia-se em evidências empíricas de primeira mão coletadas a partir de extensivo trabalho de campo. A qualidade da gestão dos vários processos de aprendizagem contribuiu para a maneira e velocidade de construção de tais capacidades na empresa estudada, principalmente a partir do início dos anos 1990. Muito embora haja no Brasil uma ampla retórica, em níveis macro-econômico e macro-político, sobre a importância da inovação tecnológica para o crescimento e desenvolvimento industrial e econômico, há ainda uma escassez de conhecimento sobre o real processo de inovação em nível de empresas. Estudos como este, portanto, podem contribuir para iluminar e apoiar decisões de estratégias empresariais e governamentais para acelerar o desenvolvimento industrial em setores-chave da economia brasileira.Based on an intra-company standpoint, this article examines the implications of underlying learning processes in the accumulation of technological capability in an electrical energy transmission company in Northern Brazil from 1990 to 2004. The framework for examining the

  4. The impact of ownership and other corporate characteristics on performance of V4 companies

    Directory of Open Access Journals (Sweden)

    David Procházka

    2017-06-01

    Full Text Available The objective of this paper is to assess financial performance of Czech, Hungarian, Polish, and Slovak unlisted companies. The sample retrieved from the Amadeus database contains 171,095 firm-year observations for the period of 2010-2014. A linear regression model (weighted least squares with robust correction for standard errors is run to regress Return on Assets (ROA as the dependent variable against selected entity-specific factors, including ownership characteristics. Empirical evidence uncovers several findings. Firstly, the performance of V4 companies is comparable except for Hungary, where companies report lower ROA on average. Secondly, firms established after the failure of communist regimes outperform the privatised companies. Thirdly, the ownership characteristics do matter. Having domestic owners is not a disadvantage, as only the companies with controlling shareholders from the Anglo-Saxon countries perform better. Other jurisdictions of parents lead either to comparable (e.g., old EU members, developed Asian countries or even worse (e.g., new EU members, post-Soviet bloc performance as compared to domestic ownership. Similarly, family firms perform significantly better than the companies controlled by institutional owners or by public sector, but worse than the firms controlled by financial institutions. The listing status of a parent is not an influential factor of performance. Fourthly, the size of a company also matters, as small enterprises report better performance in their financial statements than medium and large undertakings. Fifthly, higher leverage undermines performance. Finally, there is a wide dispersion in average performance across the industries. The study results might be relevant for policy makers while choosing between direct and indirect support for diverse types of businesses.

  5. The Precariousness of the Corporate Veil to Avoid the Phenomenon of Fraud in Companies

    Directory of Open Access Journals (Sweden)

    Carlos Fabián Ardila Yopasa

    2016-06-01

    Full Text Available Relations against the state and the market dynamics end up being the determining legal practices. Hence the adoption of measures to control the situations in which market logic prevail needed. Legislation that would put a limit on cash savage neoliberalism that has leaked logic of legal institutions is required. In Therefore, the figure of piercing the corporate veil play as a restriction on the powers from the economic situations, seeking to avoid fraud led by people hiding behind corporations, restrictions on their responsibility, legal perpetuation and their legal impunity, among other things. A charity but insufficient figure, a figure that has been understood as a facile output part, and therefore need other measures that complement to have a real potential for protection.

  6. The Effects of Risk and Size of Company on Business Performance in Information Technology Outsourcing

    Science.gov (United States)

    Balogun, Shereef Adewale

    2013-01-01

    Information technology (IT) outsourcing is a practical way to transfer information technology by industries of different firms. The problem occurs when companies outsource services to domestic and international data centers as network security issues arise. This leads to competition between companies causing the size of the company to become more…

  7. Corporate governance models in business performance: empirical evidence in portuguese companies listed on Euronext Lisbon

    OpenAIRE

    Pires, Amélia M.M.; Fernandes, Paula; Campos, Lira

    2016-01-01

    The last few years were marked by differences of interests in the relationships established in the organizational structure and with consequences in terms of its added value created. With this become necessary to introduce mechanisms to align interests and supervise the activities of agents, in general, and shareholders and managers, in particular. This issue intersects with the topic of models of Corporate Governance (CG) and gains relevance following the latest international financial scand...

  8. Research of corporate social responsibility in an energy efficient technologies development section

    Directory of Open Access Journals (Sweden)

    Lyashenko O.

    2013-06-01

    Full Text Available The article considered the concept of corporate social responsibility (CSR and its components. The Jevons paradox is examined, the mechanism of rebound effect on the example of energy efficient technologies is analyzed.

  9. Integrated assessment technology in management of competition efficiency in business corporations

    Directory of Open Access Journals (Sweden)

    Savel’eva Nadezhda

    2017-01-01

    Full Text Available To date, the banking sector is subsidized. the state co-finances players in the domestic banking sector against the background of reduced availability of foreign debt financing. on the one hand is an additional source of competitive advantages, on the other hand, the question is how commercial banks use their capabilities. In a fast growing sector of banking services, increased competition, rapid growth in the breadth and richness of banking service range it is necessary to use the entire arsenal of marketing tools that determine the competitiveness of services and effectiveness of company. The economic importance of technologies development for integrated assessment of competition efficiency is that banks have to be able to use different methods of competition for adaptation to ambient conditions changes and ensure competitive success. The article describes an integrated assessment approach to effectiveness of management of price and non-price competition in business corporations based on sample of banking market. The technology that proposed in article helps to identify the main target segments of consumers, investigate the influence and perception factors of price and non-price competition to the banking service consumers; to form the main ways and directions in management of competition efficiency; to evaluate the effectiveness of interventions.

  10. HOW TO PERCEIVE THE CORPORATE SOCIAL RESPONSIBILITY IN THE AGRO-FOOD COMPANIES?

    Directory of Open Access Journals (Sweden)

    iveta Ubrežiová

    2017-11-01

    Full Text Available The basic aim of the article is to evaluate the extent of a companies´ engagement with CSR as well as to uncover the nature and type of CSR activities in the agro-food companies operating in the Slovak Republic. In order to fulfill the basic aim, we set the partial aims which involve several research questions. Primary information and data were obtained by the questionnaire survey in order to assess the level of companies´ engagement with CSR policy and activities they carry out within this policy. Secondary data consist of various publications, web-pages of selected companies, their annual general statements and statements concerning CSR policy. To every company, one questionnaire was distributed – in some case, it was possible to send it directly to person responsible for CSR activities. To graphically display our results, we used MS Excel and for other statistical processing SAS and SPSS. According to the results and findings from the questionnaire survey, the authors of the article finds it appropriate to offer several recommendations and ideas dealing with support of CSR in the Slovak Republic.

  11. Financing Decisions of Companies Listed in the Different Segments of Corporate Governance of BM&FBovespa According to Pecking Order Theory

    OpenAIRE

    Tani, Bruna Bagalhi; Albanez, Tatiana

    2016-01-01

    Among the various theories about capital structure is Pecking Order theory, which establishes a hierarchy of preferences for sources of funding due to the existence of information asymmetry. In this paper, we seek to verify if this theory applies to the financing decisions of Brazilian companies that are listed in the different segments of corporate governance of BMF&Bovespa, analyzing whether, in the 2010-2014 period, a higher level of corporate governance implies lower adherence to this...

  12. Financing Decisions of Companies Listed in the Different Segments of Corporate Governance of BM&FBovespa According to Pecking Order Theory

    OpenAIRE

    Tani, Bruna Bagalhi; Albanez, Tatiana

    2016-01-01

    Among the various theories about capital structure is Pecking Order theory, which establishes a hierarchy of preferences for sources of funding due to the existence of information asymmetry. In this paper, we seek to verify if this theory applies to the financing decisions of Brazilian companies that are listed in the different segments of corporate governance of BMF&Bovespa, analyzing whether, in the 2010-2014 period, a higher level of corporate governance implies lower adherence to this the...

  13. The Determinants of Corporate Social Responsibility Disclosure: The Case of Malaysian Government-Linked Companies in Malaysia

    Directory of Open Access Journals (Sweden)

    Baba Hanim Norza

    2017-01-01

    Full Text Available The implementation of Government-Linked Company (GLC Transformation Program 2005/06 by government is one effort to promote Corporate Social Responsibility (CSR disclosures among its government-linked companies (GLCs. CSR issues are being stressed in the Silver Book included in the GLC Transformation Manual under the GLC Transformation Program 2005/06. It is questionable as to whether the introduction of the Silver Book really reflects goods prospects for government-linked companies to disclose their CSR, and whether there are any other factors that will influence the GLCs in Malaysia to disclose their CSR. Thus, the objective of this study is to examine whether the introduction of the Silver Book affect the CSR disclosure among Malaysian GLCs as well as to examine the determinants of CSR disclosure, focusing on the profitability, board size and board independence. Multiple linear regression analysis is being used to examine the relationship between all the independent variables and dependent variable. Findings show that there is an increasing trend in CSR disclosure among Malaysian GLCs from year 2011 until 2015. Two variables i.e. board size and board independence has been found to have a significant positive relationship with the CSR disclosure. This study gives implications to various parties such as Malaysian Government, Bursa Malaysia, Security Commission and other relevant parties in to improve CSR awareness, practices, disclosures and quality in GLCs.

  14. The Modern Technologies to Reduce Turnover of Company Staff

    Directory of Open Access Journals (Sweden)

    Zaiko Tetiana O.

    2017-12-01

    Full Text Available The article is aimed at analyzing and substantiating the use in practice of modern technologies to reduce turnover of staff, which do not bear significant financial costs for the company. The authors have proved that non-material measures to reduce staff turnover in companies are becoming predominant nowadays. Among them as the most important are indicated: introduction of flexible schedule (mode of work, transition to the remote form of employment, and distribution of internal shares, in particular related to the strengthening of cohesion of staff, its team spirit. Also the reasons of transition from material to intangible factors of influence on conduct of workers have been disclosed. The advantages of non-material measures of the staff turnover reduction for both employees and employers were analyzed. For the first ones the most important are motivation and job satisfaction, while for the others it is reduction of staff turnover, formation of the responsible worker, improvement of quality and productivity of work.

  15. The Relation between the Romanian Commercial Banking Companies and the Corporate Social Responsibility

    Directory of Open Access Journals (Sweden)

    Laura Mureşan

    2009-12-01

    Full Text Available The relatively recent legal regulation regarding the field of the banking service consumer protection has been determined by the abusive commercial activity of the commercial banking companies. If the commercial banking companies had been aware of the need to comply with certain ethical principles in their relation with consumers – having a socially responsible behavior – then these principles would not legally have been sanctioned. That is why we consider that the significant sanctions to which the banks expose themselves at present are a consequence of the flagrant and repeated breach of the ethical principles in the field of consumer protection.

  16. Practices of corporate social responsibility and sustainable systems work in Peruvian companies issuing sustainability reports

    Directory of Open Access Journals (Sweden)

    María Angela Prialé

    2015-12-01

    Full Text Available Through a literature review, this exploratory study seeks to determine whether the practices related to its colaborators, who report as part of its action responsible Peruvian companies issuing sustainability reports can be considered sustainable management practices of human resources. To this end, it was used the approach of sustainable work systems as a general approach. It was found that some of the practices of responsible management of human resources that implement the analyzed companies address the human dimensions of sustainability, although not all dimensions are considered equally or similar depth.

  17. Bioremediation in Germany: Markets, technologies, and leading companies

    International Nuclear Information System (INIS)

    Raphael, T.; Glass, D.J.

    1995-01-01

    Bioremediation has become an internationally accepted remediation tool. Commercial bioremediation activities take place in many European countries, but Germany and the Netherlands are the clear European leaders, with both having a long history of public and private sector activity in biological technologies. The German bioremediation market has been driven by government regulation, in particular the waste laws that apply to contaminated soils. The 1994 German market for bioremediation is estimated at $70 to 100 million (US $). There are at least 150 companies active in bioremediation in Germany, most of which practice bioremediation of hydrocarbon-contaminated soils, either in situ or ex situ. Because of their predominance in the current European market, German firms are well positioned to expand into those nations in the European Union (EU) currently lacking an environmental business infrastructure

  18. Manitoba Hazardous Waste Management Corporation system scope and technology study

    Energy Technology Data Exchange (ETDEWEB)

    1988-01-01

    The Manitoba Hazardous Waste Management Corporation is charged with the responsibility of implementing a hazardous waste management system in the province. A review was undertaken of the planning work performed to date and of the Corporation's development strategy. The evaluation was based on a review of the literature and on experience with hazardous waste planning, management, and engineering. To facilitate evaluation, the development strategies were visualized as made up of 3 logical components: the mechanisms or business vehicles used; the rates of development employed; and the geographical locations in which the activities take place. Based on ownership or funding source, 3 business development options were identified: public corporation, private enterprise, and joint venture. The only two options possible in terms of rate of development are incremental and immediate. Three general locations were considered; in Manitoba, outside Manitoba, or a combination of both. Results showed that a joint venture is a good option since it offers a good tradeoff to minimize expenditures between public and private financing, and it enables combining the flexibility and freedom of action of a private corporation with the responsibility of a public corporation. The incremental approach provides more flexibility than immediate development and is the most practical solution to the many uncertainties of the hazardous waste problem. This approach is nominally more costly because it takes longer and cannot capitalize on economies of scale, but it also minimizes the risk of making the wrong capital investment and is therefore a safer investment approach. 108 refs., 28 figs., 15 tabs.

  19. Manitoba Hazardous Waste Management Corporation system scope and technology study

    Energy Technology Data Exchange (ETDEWEB)

    1988-01-01

    The Manitoba Hazardous Waste Management Corporation is charged with the responsibility of implementing a hazardous waste management system in the province. A review was undertaken of the planning work performed to date and of the Corporation's development strategy. The evaluation was based on a review of the literature and on experience with hazardous waste planning, management, and engineering. To facilitate evaluation, the development strategies were visualized as made up of 3 logical components: the mechanisms or business vehicles used; the rates of development employed; and the geographical locations in which the activities take place. Based on ownership or funding source, 3 business development options were identified: public corporation, private enterprise, and joint venture. The only two options possible in terms of rate of development are incremental and immediate. Only 3 general locations were considered: in Manitoba, outside Manitoba, or a combination of both. Results showed that a joint venture is a good option since it offers a good tradeoff to minimize expenditures between public and private financing, and it enables combining the flexibility and freedom of action of a private corporation with the responsibility of a public corporation. The incremental approach provides more flexibility than immediate development and is the most practical solution to the many uncertainties of the hazardous waste problem. This approach is nominally more costly because it takes longer and cannot capitalize on economies of scale, but it also minimizes the risk of making the wrong capital investment and is therefore a safer investment approach. 105 refs. 28 figs., 15 tabs.

  20. Joint impact of ERP systems and non financial performance indicators on corporate financial performance: Evidence from French listed companies

    Directory of Open Access Journals (Sweden)

    Ahmed Kouki

    2015-01-01

    Full Text Available This paper aims to examine the joint impact of Enterprise Resource Planning systems (ERP systems and Non Financial Performance Indicators (NFPI on corporate financial performance. Our study is based on a comparative analysis between firms that adopt ERP only, firms that use NFPI only and firms that combining both strategies (ERP and NFPI during the period from 2001 to 2006.The implementation process remains highly uncertain. In fact, the use of Non Financial performance indicators is an important determinant of corporate financial performance. At the operational level, combining ERP systems with NFPI reflects a long-term business strategy to improve business process. In summary, the ERP and NFPI literatures demonstrate the vital importance of aligning business process, information technologies and key performance indicators with the strategic objectives of the firm. Results support the hypothesis in which firms that combining ERP and NFPI have significantly higher ROA than either ERP-only or NFPI-only firms.

  1. Drivers of corporate social responsibility reporting; Case studies from three reporting companies

    Directory of Open Access Journals (Sweden)

    Daniel Tschopp PhD, MBA, CPA

    2013-07-01

    Past research cited several reasons companies issued reports, but it does not tell the whole story. These three individual case studies demonstrate the importance of the primary determinant behind an organization’s decision to issue a CSR report. This finding can provide valuable information for further studies that deal with the promotion, diffusion, and harmonization of CSR reporting.

  2. 76 FR 7186 - TGP Development Company, LLC v. California Independent System Operator Corporation; Notice of...

    Science.gov (United States)

    2011-02-09

    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. EL11-17-000] TGP Development.... Take notice that on January 28, 2011, TGP Development Company, LLC (TGP or Complainants), pursuant to...), concerning the requirement that TGP post its second financial security for transmission upgrades identified...

  3. The Formative Years of the Modern Corporation: The Dutch East India Company VOC, 1602-1623

    NARCIS (Netherlands)

    Gelderblom, O.C.; Jong, de, A.; Jonker, J.P.B.

    2013-01-01

    With their legal personhood, permanent capital, transferable shares, separation of ownership and management, and limited liability, the Dutch and English colonial trading companies VOC and EIC are considered institutional breakthroughs. We analyze the VOC’s business operations and financial policy

  4. Corporate Social Responsibility and Employee Volunteerism: What Do the Best Companies Do

    Science.gov (United States)

    2015-01-01

    organizations benefiting from employee volunteer efforts. Fourth, it is important to ensure the company takes time to collectively celebrate successes...www.conecomm.com/2006-millennial-cause-study. Ditlev-Simonsen, C.D. (2014). Are non-financial (CSR) reports trustworthy ? A study of the extent to which

  5. A profile of corporate social responsibility for mining companies present in the Santurban Moorland, Santander, Colombia

    Directory of Open Access Journals (Sweden)

    Jonathan David Morales Méndez

    2016-04-01

    The strengths found amongst the Mining Companies in the Santurban Moorland include that most of them do have a CSR policy or strategy and demonstrate a positive attitude towards implementing this kind of program. In addition, they have gender equity and anti-discrimination policies and agreements that go beyond they law.

  6. THE EFFECT OF INNOVATION ON FINANCIAL PERFORMANCE OF SOME INFORMATION AND TECHNOLOGY COMPANIES IN TURKEY

    OpenAIRE

    ŞİŞMANOĞLU, Elçin; YAŞAR AKÇALI, Burçay

    2017-01-01

    Innovation has become a prime component for gaining a competitive advantage in the market for all companies. Companies should take into consideration research and development (R&D) expenditure to be innovative. This study investigates the effect of R&D expenditure of some information and technology companies in Turkey as an indication of innovation on their financial performance. Data is collected from seven information and technology companies for 2005-2014 periods. Data is a...

  7. The Effects of Environmental, Social and Governance on the Corporate Performance of Malaysian Government-Linked Companies

    Directory of Open Access Journals (Sweden)

    Kweh Qian Long

    2017-01-01

    Full Text Available This study examines the impacts of ESG on the corporate performance government-linked companies (GLCs in Malaysia. For the period 2006-2012, ESG disclosure data were extracted from the Sustainalytics ESG performance reports, while financial data were obtained from the Bloomberg database. Data development analysis (DEA was used to estimate efficiency in the first stage; a regression analysis was performed to test the relationship between ESG and efficiency in the second stage. The empirical results of this study show that GLCs focused more on governance disclosures, followed by social and environmental aspects. Moreover, governance will improve firm efficiency, but social and environmental factors have no similar effect. In conclusion, this study provides insight on the limited literature on ESG and informs the relevant stakeholders on the important ESG components for financial and investment decisions.

  8. 75 FR 26791 - General Motors Company, Formerly Known as General Motors Corporation, Mansfield Metal Center...

    Science.gov (United States)

    2010-05-12

    ...-Uniform Service, Cjbf, Llc, Ferrous Processing & Trading Co., Paragon Technologies and Severn Trent... leased from Aramark-Uniform Service, CJBF, LLC, Ferrous Processing & Trading Co., Paragon Technologies... Technologies and Severn Trent Services working on site at the Mansfield Metal Center, Mansfield, Ohio location...

  9. 76 FR 4726 - General Motors Company Formerly Known as General Motors Corporation Technical Center Including On...

    Science.gov (United States)

    2011-01-26

    ... Technology Associates Limited, G-Tech Professional Staffing, Inc., Jefferson Wells, Kelly Services, Inc... Enterprise Services, Engineering Labs, Inc., Global Technology Associates Limited, G-Tech Professional...., Global Technology Associates Limited, G-Tech Professional Staffing, Inc., Jefferson Wells, Kelly Services...

  10. Workforce gender, company size and corporate financial support are predictors of availability of healthy meals in Danish worksite canteens.

    Science.gov (United States)

    Thorsen, Anne Vibeke; Lassen, Anne Dahl; Andersen, Jens Strodl; Mikkelsen, Bent Egberg

    2009-11-01

    Environmental strategies at worksites may help consumers change dietary behaviour towards a more healthy diet. The present study aimed to evaluate the availability of healthy meal options at Danish worksite canteens and to identify predictors of worksite canteens providing healthy meals. A self-administered questionnaire was randomly mailed to 1967 worksite canteen managers. Besides information and characteristics about the canteen and the worksite, the canteen managers specified the menus available. Two different health groups (Healthy and Less Healthy) were defined in three different meal categories (Sandwiches, Hot meals and Salads) as well as a combined category (Combined) combining all the three meal categories. The characteristics of the worksites were compared with regard to the different health groups. Randomly selected Danish worksite canteens. 553 Danish worksite canteen managers replied, resulting in a response rate of 29 %. Only 12 % of the canteens applied to the Healthy group combining all the three meal categories. In particular, worksites with more than 75 % female employees served healthy menus on a frequent basis. The size of the worksite was positively correlated with more healthy meal options. Furthermore, the present study suggests a positive relationship between corporate financial support and the availability of healthy meal options. Among the selected variables studied, workforce gender, company size and corporate financial support were significant predictors of the availability of healthy meal options in worksite canteens. More research is needed on the role that variance in organisation environment plays for the potential of worksite intervention, to make a difference in terms of healthy eating.

  11. Intellectual capital disclosure and corporate governance structure among Malaysian government-linked companies

    Directory of Open Access Journals (Sweden)

    Rashidah Abdul Rahman

    2013-11-01

    Full Text Available This study examines the level of intellectual capital disclosure among the 32 Malaysian GLCs by comparing with the Non-GLCs for the period 2007-2009. In addition, this study also investigates the impact of board structure on the intellectual capital disclosure of Malaysian GLCs. The board structure mechanisms comprise; board composition, role duality, board size and cross directorship. The control variables consist of the company-specific characteristics –leverage, profitability and age of the company. The content analysis is used to extract the intellectual capital disclosure items from the annual report. The results show that the GLCs disclosed more intellectual capital information than Non-GLCs. Board size and leverage are significant and positively related to the intellectual capital disclosure of Malaysian GLCs.

  12. The board of directors in listed companies under the corporate governance system in Saudi law as compared to English law and global standards

    OpenAIRE

    Alamri, Khalid; Milman, David; Lawton, Philip

    2018-01-01

    Saudi Arabia has a unique environment in terms of its political, economic, legal and judicial aspects which have some anomalous characteristics that create challenges for corporate governance. Further challenges are presented by the current structure of listed companies and by Saudi Arabia’s Vision for 2030.1 This environment significantly influences the role of the board of directors in listed companies and increases its role in safeguarding the interests of different shareholders and stakeh...

  13. Delimiting of the Marketing with Reason or Social Corporate Marketing by means of the analysis of companies that realize actions of social responsibility

    OpenAIRE

    JOAO AUGUSTO RAMOS E SILVA; IÑAKI PERIÁÑEZ CAÑADILLAS

    2003-01-01

    This paper is proved of an investigation done to analyze if the characteristics of the Cause Related Marketing or Social Corporate Marketing, which proposes the literature, are reproduced in the studies of cases of companies that develop action of Business for Social Responsibility in Spain. It can be said that the methodology of the study has two stages: initial inductive, based on the literature and on the cases of companies, studied qualitatively in search of a model or hypothesis and a de...

  14. Thermoelectron corporation: From space power to Fortune 500

    Science.gov (United States)

    Scoville, A. Nancy; Masters, Richard

    1995-01-01

    ThermoElectron Corporation was founded in 1957 to commercialize thermionic energy conversion technologies. Today the company is a Fortune 500 company with 1993 revenues of 1.2 billion. In this paper the methods ThermoElectron used to achieve this result will be discussed with emphasis on the corporate philosophy.

  15. Corporate governance structure which is based in the S&OP process: Case study in la Brazilian cosmetic company

    Directory of Open Access Journals (Sweden)

    Ximena Rojas

    2014-03-01

    Full Text Available (Received: 2014/01/31 - Accepted: 2014/03/25This article is about the generation of a corporate governance structure which is based in the process S&OP for a Brazilian cosmetic industry. The increasing emphasis on business development guided by attention to the requirements and demands of customers, cause nowadays, that the organizations of the commercial sectors work in the creation of a competitive differential. The collaborative business management strategy S&OP is looking for the attention of people who are interested in the improvement of their skills; in order to achieve this differential. With the case study methodology, the objectives are to get knowledge, identify, and analyze the characteristics of the company using analysis tools like SWOT, process analysis, value chain. All with the purpose to get a robust management tool that fits with the requirements and demands of the organization. The analyzed results showed that the principles of collaboration and internal communication were the pillars necessary against any attempt of business development. This supports the proposal of a management structure based on the five step S&OP process. As a complement to this study a methodology CPFR was identified as the platform for an integrated work with the rest of the companies of the supply chain.

  16. Online conversation and corporate reputation: A two-wave longitudinal study on the effects of social media exposure to a highly interactive company.

    NARCIS (Netherlands)

    Dijkmans, C.; Kerkhof, P.; Buyukcan-Tetik, A.; Beukeboom, C.J.

    2015-01-01

    In this paper, we investigate whether and to what extent exposure to a company's social media activities over time is beneficial for corporate reputation, and whether conversational human voice mediates this relation. In a two-wave longitudinal survey among 1969 respondents, we assessed consumers'

  17. Corporate social responsibility in public health: A case-study on HIV/AIDS epidemic by Johnson & Johnson company in Africa.

    Science.gov (United States)

    Chattu, Vijay Kumar

    2015-01-01

    HIV/AIDS has claimed millions of lives in the global workforce and continues to remain a threat to many businesses. An estimated 36.5 million of working people are living with HIV; the global workforce has lost 28 million people from AIDS since the beginning of the epidemic. In the absence of access to treatment, this number could grow to 74 million by 2015. The epidemic continues to affect the working population through absenteeism, sickness and death. Corporate Social Responsibility (CSR) is an obligation that corporates have toward their employees, community and society. A review and documentation of one such CSR by Johnson & Johnson (a multinational company) for HIV/AIDS in Africa is presented here. Johnson & Johnson Company is involved in numerous projects around the world to combat the HIV/AIDS epidemic. The company is working to fight the spread of the disease and improve the quality of life for those living with the illness through various donations of its products and sponsorship of local programs. This case study also highlights different categories of CSR activities such as Cause Promotion, Cause related Marketing, Corporate Philanthropy, Corporate Social Marketing, Corporate Volunteering and Socially responsible business practices, which are discussed with specific examples from different countries in Africa. CSR of any business encompasses the economic, legal, ethical & discretionary expectation placed on the organization by society at a given point of time. CSR is therefore the obligation that corporations have toward their stakeholders and society in general which horizons beyond what is prescribed by law or union contracts. Johnson & Johnson has a proved history of being committed to caring for people and a good example of a company with a long history of citizenship and sustainability.

  18. Corporate social responsibility in public health: A case-study on HIV/AIDS epidemic by Johnson & Johnson company in Africa

    Science.gov (United States)

    Chattu, Vijay Kumar

    2015-01-01

    HIV/AIDS has claimed millions of lives in the global workforce and continues to remain a threat to many businesses. An estimated 36.5 million of working people are living with HIV; the global workforce has lost 28 million people from AIDS since the beginning of the epidemic. In the absence of access to treatment, this number could grow to 74 million by 2015. The epidemic continues to affect the working population through absenteeism, sickness and death. Corporate Social Responsibility (CSR) is an obligation that corporates have toward their employees, community and society. A review and documentation of one such CSR by Johnson & Johnson (a multinational company) for HIV/AIDS in Africa is presented here. Johnson & Johnson Company is involved in numerous projects around the world to combat the HIV/AIDS epidemic. The company is working to fight the spread of the disease and improve the quality of life for those living with the illness through various donations of its products and sponsorship of local programs. This case study also highlights different categories of CSR activities such as Cause Promotion, Cause related Marketing, Corporate Philanthropy, Corporate Social Marketing, Corporate Volunteering and Socially responsible business practices, which are discussed with specific examples from different countries in Africa. Conclusions: CSR of any business encompasses the economic, legal, ethical & discretionary expectation placed on the organization by society at a given point of time. CSR is therefore the obligation that corporations have toward their stakeholders and society in general which horizons beyond what is prescribed by law or union contracts. Johnson & Johnson has a proved history of being committed to caring for people and a good example of a company with a long history of citizenship and sustainability. PMID:25810667

  19. A process of developing an HRM framework based on qualitative study in Technology companies in Bangladesh and Malaysia

    Directory of Open Access Journals (Sweden)

    Tarnima Warda Andalib

    2016-01-01

    Full Text Available In the corporate world, humans are treated as ‘manpower’ or ‘resources that utilize other resources, however, this cannot be the only identity of humans or employees of the company. Rather, it must be considered that these employees are humans and humans have got certain rights those are to be fulfilled irrespective of every situation. Humans are beings not just mere resources. This is the time to understand this truth. Technological change has triggered and increased the standard of living but at the same time has deteriorated the humane values and inspired a profligate life style; therefore, the Standardized Human Rights policies like Universal Declaration of Human rights (UDHR & International Labour Organization (ILO need to be implemented in the organization culture by understanding the attitudes, attributes of human resources. The purpose of this Study is to investigate the HRM policies of the Technology Companies of Malaysia & of Bangladesh and to identify all the components and integrate all those components with the standardized Human Rights platforms, which are UDHR, ILO etc. To look for the behavior, attitude and analytical option of humans working inside the company due to technological advancements, changes and implemented HRM policies in the organization.

  20. A process of developing an HRM framework based on qualitative study in Technology companies in Bangladesh and Malaysia

    Directory of Open Access Journals (Sweden)

    Tarnima Warda Andalib

    2014-05-01

    Full Text Available In the corporate world, humans are treated as ‘manpower’ or ‘resources that utilize other resources, however, this cannot be the only identity of humans or employees of the company. Rather, it must be considered that these employees are humans and humans have got certain rights those are to be fulfilled irrespective of every situation. Humans are beings not just mere resources. This is the time to understand this truth. Technological change has triggered and increased the standard of living but at the same time has deteriorated the humane values and inspired a profligate life style; therefore, the Standardized Human Rights policies like Universal Declaration of Human rights (UDHR & International Labour Organization (ILO need to be implemented in the organization culture by understanding the attitudes, attributes of human resources. The purpose of this Study is to investigate the HRM policies of the Technology Companies of Malaysia & of Bangladesh and to identify all the components and integrate all those components with the standardized Human Rights platforms, which are UDHR, ILO etc. To look for the behavior, attitude and analytical option of humans working inside the company due to technological advancements, changes and implemented HRM policies in the organization.  

  1. The Impact of High School Principal's Technology Leadership on the Sustainability of Corporate Sponsored Information Communication Technology Curriculum

    Science.gov (United States)

    Gottwig, Bruce Ryan

    2013-01-01

    The proliferation of information communication technology (ICT) has placed educational institutions in the forefront in educating and training students as skilled consumers, engineers, and technicians of this widely used technology. Corporations that develop and use ICT are continually building a skilled workforce; however, because of the growth…

  2. Role of corporate social responsibility (CSR in business planning and practice of Croatian companies

    Directory of Open Access Journals (Sweden)

    Nidžara Osmanagić Bedenik

    2011-12-01

    Full Text Available The main objective of this paper is to examine business, social and ecological dimensions of the entrepreneurial activities of small, medium and large enterprises in Croatia by comparing different levels of acceptance, incorporation and utilization of those dimensions among the surveyed companies. Our purpose is to empirically identify and assess the attitudes with regard to as well as the importance and priorities of CSR aspects in business planning. This research provides findings on the priorities and characteristics of CSR concepts of the surveyed enterprises. Based on the empirical results of this study, they can be said to be focused on the operational and financial business aspects. Simultaneously, there is a constant awareness of the necessity for a business change and of the importance of broadening the perspectives to a strategic and normative dimension.

  3. Language Ideologies in a Danish Company with English as a Corporate Language

    DEFF Research Database (Denmark)

    Lønsmann, Dorte

    2015-01-01

    with Danish. While previous studies of English as an international language have tended to focus on the consequences for the local language, this article also includes a discussion of the role of English in relation to other international languages. English is constructed as the international language......With the spread of English as a global language, concerns have been voiced over the impact of English on local languages. This article presents results from an ethnographic study of language ideologies in a Danish workplace with a particular focus on ideologies of English in relation to the local...... language and to other foreign languages. In this international company, conflicting ideologies construct the local language Danish on the one hand as the natural language in Denmark, but as unimportant compared to English on the other hand. English is constructed as prestigious and powerful in contrast...

  4. Whether the idea of Single Member Company (SMC, is a device to exploit and to avoid the corporate liability by the Capitalist? A critical Analysis of Section 160 of (Pakistan Companies Ordinance, 1984

    Directory of Open Access Journals (Sweden)

    Rehmat Ali

    2015-12-01

    Full Text Available The concept of Single Member Company (the “SMC” was introduced in Company law of Pakistan in 2002. However, besides having created anomalies within the existing legislation that have already been analyzed by different academics, there remains potential for abuse of the concept of separate legal entity and/or the doctrine of limited liability at the hand of the single member of the SMC. In this view of matter, this article proposes to review the Section 160 of Companies Ordinance, 1984 to argue that there is no provision in the law in Pakistan to effectively place a mechanism of checks and balances so as to reduce the risk of escaping the corporate liability by the SMC in Pakistan. In the same context, this article also dilates upon the inadequacies of SMC legislation in relation to the concept of social, economic and environmental responsibilities of corporate entities.

  5. Financial restatement and firm performance in family controlled and CEO duality companies: evidence from post 2007 Malaysian Code of Corporate Governance

    Directory of Open Access Journals (Sweden)

    Chin Sok Fun

    2017-01-01

    Full Text Available Do financial restatements dampen firm performance? One argument about this is that restatements hurt investor confidence in the credibility of a firm’s disclosure, resulting in a decline in demand for the firm’s securities, thereby, leading to a significant drop in asset price. On the other hand, agency theory suggests that family ownership could have potential benefits to a firm’s performance. An increase in family ownership will have a greater concern for reputation to the controlling family in producing high quality accounting information and, thereby, reduce the likelihood of financial restatements. We evaluate these arguments by distinguishing the effects of restatements on firm performance under two corporate governance environments; family-controlled and CEO duality companies. Based on a sample of Malaysian listed companies in 2008 after the post MCCG 2007 initiative, our findings suggest that (1 restatements dampen firm performance, (2 the dampening impacts of restatements are completely mitigated in family-controlled companies, and (3 the dampening effects are more pronounced in non-family controlled companies than family-controlled companies in non-CEO duality companies. Using this evidence, we recommend that Malaysian regulators develop policies that are unique to the Malaysian markets so as to curtail accounting irregularities. They should reconsider the relevance of requiring CEO nonduality as a practice of good corporate governance and encourage more investment in family-controlled companies.

  6. DRIVING CORPORATE SOCIAL RESPONSIBILITY (CSR THROUGH THE COMPANIES ACT: AN OVERVIEW OF THE ROLE OF THE SOCIAL AND ETHICS COMMITTEE

    Directory of Open Access Journals (Sweden)

    Henk J Kloppers

    2013-04-01

    policy requiring the implementation of socially responsible practices by the entire private sector is a necessity. Governments in general are increasingly beginning to view CSR as cost-effective means to enhance their sustainable development strategies, and as a part of their national competitiveness strategies to attract foreign direct investment. Given South Africa's history, legislation should be viewed as one of the main instruments enabling the Government to address the private sector's social, environmental and economic outreach activities.Against this background, this contribution identifies the regulations released in terms of the Companies Act 71 of 2008 in which the issue of the social and ethics committee is dealt with, as an important measure taken by Government to create a possible CSR platform. This contribution argues that the requirements regarding the creation of a social and ethics committee have the potential to embed the CSR notion in the corporate conscience. The aim of the contribution is to provide an overview of the role of the social and ethics committee, as envisaged by the Companies Regulations, 2011, as a potential driver of CSR.

  7. Marketing Strategic Choices for Wind Technology in China : case: Chinese Domestic Wind Technology Companies

    OpenAIRE

    Shi, Yi

    2011-01-01

    There are almost 80 wind turbine manufacturers in China. However, the supportive government policies are the fact behind the rapid growth of those case companies. In reality, there are less than 10 Chinese wind turbine manufacturers with actual production capacity. Most of them lack core technology and depend in many ways on state patronage. The current situation is worrisome. Therefore, the correct comprehension of wind power market conditions and the consequent adoption of right marketing s...

  8. Marketing strategic choice for wind power technology in China : case: Chinese domestic wind technology companies

    OpenAIRE

    Shi, Yi

    2011-01-01

    There are almost 80 wind turbine manufacturers in China. However, the supportive government policies are the fact behind the rapid growth of those case companies. In reality, there are less than 10 Chinese wind turbine manufacturers with actual production capacity. Most of them lack core technology and depend in many ways on state patronage. The current situation is worrisome. Therefore, the correct comprehension of wind power market conditions and the consequent adoption of right marketing s...

  9. Determinants of Corporate Web Services Adoption: A Survey of Companies in Korea

    Science.gov (United States)

    Kim, Daekil

    2010-01-01

    Despite the growing interest and attention from Information Technology researchers and practitioners, empirical research on factors that influence an organization's likelihood of adoption of Web Services has been limited. This study identified the factors influencing Web Services adoption from the perspective of 151 South Korean firms. The…

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

    International Nuclear Information System (INIS)

    Wang Zhong; Liu Wenbin

    2010-01-01

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

  11. Corporate Social Responsibility and Environmentally Sound Technology in Endogenous Firm Growth

    Directory of Open Access Journals (Sweden)

    Angela C. Chao

    2017-02-01

    Full Text Available We have entered the “New Normal” economy, with more emphasis on economic growth driven by innovation than resource. This paper investigates the impacts of firms considering corporate social responsibility and environmentally sound technology by building a three-stage Cournot competition model with asymmetric cost. The sustainable development of economic and endogenous firm growth achieves the win–win result in the theoretical model. Using data from 31 firms in China, this paper empirically researches on the relationships among corporate social responsibility, environmentally sound technology and firm endogenous growth. The results show that: (1 Marginal cost decreased with the increase of innovation, as well as getting government research and development subsidy, which has a positive effect on firm growth. (2 Consumers respond positively to corporate social responsibility initiative, the reputation of the firm can be improved. At the same time, environmentally sound technology objectively reduces the marginal cost of competitors because of the technology spillover. (3 Profit of a firm undertaking corporate social responsibility partly decreases, which has a negative effect on firm growth. The contradiction between corporate social responsibility and profit of firm could be adjusted, such as socially responsible investment fund hosed by institutional investors.

  12. 75 FR 41894 - Wapakoneta Machine Company, Currently Known as EF Industrial Technologies, Inc., Wapakoneta, OH...

    Science.gov (United States)

    2010-07-19

    ... of early 2010, Wapakoneta Machine Company is currently known as EF Industrial Technologies, Inc. Some... Wapakoneta Machine Company, currently known as EF Industrial Technologies, Inc., Wapakoneta, Ohio became... DEPARTMENT OF LABOR Employment and Training Administration [TA-W-73,211] Wapakoneta Machine...

  13. Florida Progress Corporation 1991 annual report

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    Florida Progress Corporation is a utility holding company with assets of 5 billion dollars. Its principal subsidiary is the Florida Power Corporation; others are the Electric Fuels Corporation, the Mid-Continent Life Assurance Company, the Talquin Corporation, the Progress Credit Corporation and Advanced Separation Technologies Incorporated. The annual report describes achievements during the year. To meet growing energy demand Florida Power is building new peaking and base-load generating units, purchasing power from neighbouring utilities and cogenerators, and building more bulk power transmission line capacity in the state. Emphasis has been placed on meeting load growth by demand-site management. Attention is given to balancing energy needs with concerns for the environment, and there is an award-winning recycling program. The Electric Fuels Corporation major area of business is coal mining and transportation services. Advanced Separation Technologies has sold several of its patented ion separation machines. The report includes consolidated financial statements for the year ended 31 December 1991

  14. An investigation of corporate governance from a new perspective: Examining the financial performance of companies and the impact of executive turnover

    Directory of Open Access Journals (Sweden)

    Tariq Tawfeeq Yousif Alabdullah

    2016-01-01

    Full Text Available The aim of this paper is to investigate the mechanisms of corporate governance in companies and to delineate their effect from the perspective of two variables: the financial performance of firms; and an examination of executive turnover. An analysis on theoretical grounds of these two variables is made with respect to non-financial companies specifically in the context of the country of Jordan. Also in the context of this study, a company represents a firm. A sample comprising 109 companies from the non-financial sector for the fiscal year 2011 was selected and analyzed. A cross sectional study tested all hypotheses of the study and used statistical software, SPSS 20, to analyze the data. The study has examined the structure of the board of directors and its effects on the financial performance (financial leverage of the non-financial Jordanian companies. Evidence suggests that the corporate governance mechanisms such as increasing the board size has a positive effect on reducing the level of financial leverage, thus leading to enhanced levels of financial performance. On the other hand, board independence and the structure of non CEO-duality have no effect on a company’s financial performance. In addition, the findings revealed that executive turnover has been found to significantly moderate the relationship between some of the factors and that is the board size and financial leverage. Given the diversity of trends utilized to measure the financial performance of companies in the area of corporate governance and the associated performance relationship, empirical research has continued to undergo new financial performance indicators to prevent manipulation and to obtain a realistic picture of the financial performance of companies. Hence, this is the first study that internationally chooses financial leverage to represent the financial performance of companies in their relationship with corporate governance. Crucially, it is globally the

  15. THE EFFECTS OF SERVICE QUALITY AND CORPORATE REBRANDING ON BRAND IMAGE, CUSTOMER SATISFACTION, BRAND EQUITY AND CUSTOMER LOYALTY: STUDY IN ADVERTISING COMPANY AT TVONE

    Directory of Open Access Journals (Sweden)

    Chaniago A.

    2016-12-01

    Full Text Available The purpose of this study was to analyze the effects of service quality on brand image, service quality on customer satisfaction, service quality on brand equity, service quality on customer loyalty, corporate rebranding on brand image, corporate rebranding on customer satisfaction, corporate rebranding on brand equity, brand image on customer satisfaction, corporate rebranding on customer loyalty, brand image on brand equity, brand image on customer loyalty, customer satisfaction on customer loyalty, brand equity on customer loyalty. The population of this study consisted of loyal 173 corporate advertisers to tvOne - an Indonesian national television company. The sample for this study was set as many as 173, but only 144 respondents who returned the feedback as part of the study. The 144 data were analyzed by using descriptive and inferential analysis of SEM. The research has proven that (1 the service quality significantly affects the brand image; (2 the service quality significantly influence the customer satisfaction; (3 the service quality significantly affects the brand equity; (4 the service quality significantly affects the customer loyalty; (5 the corporate rebranding has significant effects on the brand image; (6 the corporate rebranding has no significant effect on the customer satisfaction; (7 the corporate rebranding has no significant effect on brand equity; (8 the corporate rebranding has no significant effect on the customer loyalty; (9 the brand image has significant effect on the customer satisfaction; (10 the brand image has significant effects on the brand equity; (11 the brand image does not have significant effects on the customer loyalty; (12 significant effects from the customer satisfaction on customer loyalty; and (13 significant effects of the brand equity on the customer loyalty.

  16. Competitive intelligence information management and innovation in small technology-based companies

    Science.gov (United States)

    Tanev, Stoyan

    2007-05-01

    In this article we examine how (i) company type and (ii) the competitive intelligence information used by small technology-based companies affect their innovation performance. The focus is on the specific information types used and not on the information sources. Information topics are classified in four groups - customers (10), company (9), competitor (11) and industry (12). The sample consists of 45 small new technology-based companies, specialized suppliers, and service companies from a variety of sectors - software, photonics, telecommunications, biomedical engineering and biotech, traditional manufacturing etc. The results suggest that the total number of intelligence information topics companies use to make decisions about innovation is not associated with the number of their new products, processes, services and patents. Therefore the companies in our sample do not seem to have the resources, processes or value systems required to use different competitive intelligence information when making decisions on innovation or may rely more on their own internal logic than on external information. Companies are classified using a Pavitt-like taxonomy. Service companies are considered as a separate company type. This allows for explicitly studying both, the innovative role of new services in product driven companies, and the role of new product development in service companies.

  17. Pushing the limits : from better bits to faster coil, companies leverage technology to ramp up onshore drilling performance

    Energy Technology Data Exchange (ETDEWEB)

    Smith, M.

    2009-06-15

    Horizontal drilling and drilling with coiled tubing are two well drilling techniques that have steadily gained ground in the drilling industry. Most of the techniques evolved in western Canada and Alaska, but are now being successfully used south of the border. This article discussed the leveraging of technology by drilling companies in order to ramp up onshore drilling performance. Calgary-based Xtreme Coil Drilling Corp. leveraged its unique coil over top drive rigs in order to score more speed records and set new marks in both the United States Rockies and Mexico. This article also referred to other companies and their wells that have set records, including CNX Gas Corporation and the Marcellus Shale prospect; Smith International and its horizontal turbodrilling of a Pennsylvanian reservoir; and Baker Oil Tools' new rotating, self-aligning multilateral (RAM) system. For each of these examples, the article described the technology and the challenges encountered by the companies as well as the objectives of the project, and results of the drilling efforts. 2 figs.

  18. Strategic analysis of companies offering technology services to farmers for mobile applications media

    Directory of Open Access Journals (Sweden)

    Rodrigo da Silva Riquena

    2016-03-01

    Full Text Available The use of smart-phones and tablets is increasing the farming community before these fact companies that offer products and services to this sector are mobilizing to be active in this new reality. However, companies that operate in the rural market, not only have the aim of helping farmers in providing services through mobile technology applications, it was necessary to identify the strategic performance of these companies as a market opportunity in selling their products in the agricultural sector. Therefore, this article aimed to identify the strategic planning of technology companies to provide services through applications to farmers. The methodological approach used is a qualitative approach with the exploratory and descriptive aim of the use of content analysis of the websites of those companies studied. This study concluded that companies by offering technology services to farmers, use these services strategically to your advantage without the knowledge of the real needs of farmers.

  19. The Influence of Good Corporate Governance Mechanism on Earnings Management: Empirical Study in Indonesian Stock Exchange Listed Company for Periods of 2006-2010

    Directory of Open Access Journals (Sweden)

    Hermiyetti Hermiyetti

    2013-01-01

    Full Text Available The purpose of this research is to examine the influence of good corporate governance mechanism about earnings management in companies listed in Indonesian Stock Exchange during 2006 to 2010. The independent variables include the size of commissioner board, independent commissioner board percentage, size of audit committee, and commissioner meeting frequency. The dependent variable is earnings management which is measured by discretionary revenue model (Stubben, 2010. Size of company is used as the control variable in this research. The population of this research is 465 samples from companies listed at Indonesian Stock Exchange during 2006 to 2010. The sampling method used in this research is purposive sampling method. In addition, the data analysis method used is regression analysis and descriptive statistics. The result of this research indicates that the mechanism of good corporate governance which is represented by the size of commissioner board, independent commissioner board percentage, size of audit committee, and commissioner meeting frequency do not have any significant impact on earnings management. However, the result shows that company size gave positive influence toward earning management. Keywords: Good corporate governance, size of commissioner board, independent commissioner board percentage, size of audit committee, commissioner meeting frequency, earnings management

  20. Corporate Cyberstalking: An Invitation to Build Theory

    OpenAIRE

    Bocij, Paul

    2002-01-01

    Cyberstalking describes a relatively new form of stalking behaviour where technology is used as the medium of harassment. The term corporate cyberstalking is often used to describe incidents that involve organisations, such as companies and government departments. This paper uses a number of case studies in order to propose a typology of corporate cyberstalking. It is suggested that incidents involving corporate cyberstalking can be divided into two broad groups, depending on whether or not t...

  1. Green Computing in Local Governments and Information Technology Companies

    Directory of Open Access Journals (Sweden)

    Badar Agung Nugroho

    2013-06-01

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

  2. The Growing Importance of the Practical Application of Corporate Social Responsibility in the Management of Companies in the Czech Republic

    Directory of Open Access Journals (Sweden)

    Bris Petr

    2013-06-01

    Full Text Available The paper is aimed at researching the issue of Corporate Social Responsibility (hereinafter “CSR” in the Czech Republic (hereinafter “CR”. Social responsibility is now an integral part of integrated business management. It has a long tradition in the Czech Republic, because one of the most prominent businessmen of the 20th century – a Czech entrepreneur, Tomas Bata - began to apply CSR in his plants around the world in the first half of the last century. Currently,the issue of CSR becomes increasingly important. There is an integration of positive attitudes, practices or programs into company’s business strategy at the top management level. We followa shift in management focus from the level of “profit only” to a wider view in the context of the three P’s - people - planet - profit. This involves the functioning of the organization with regardto the so called triple - bottom - line, when the company focuses not only on economic growth, but also on environmental and social aspects of its activities. The main objective of the paper is to analyze the current state of CSR in the Czech Republic on the basis of quantitative research (approx. 100 organizations were approached and compare it with an analysis from 2004. The conclusion summarizes the approaches of managers to the issue of CSR in the CR, including some trends.

  3. Corporate venture capital: geração e acompanhamento de oportunidades de investimento em empresas inovadoras Corporate Venture Capital: originating and monitoring investment opportunities in innovative companies

    Directory of Open Access Journals (Sweden)

    Thiago Pinheiro Faury

    2013-01-01

    Full Text Available O objetivo deste trabalho é compreender a utilização de estruturas corporate venture capital - CVC (capital de risco corporativo, identificando as motivações e as dificuldades no processo de implementação, com foco nos estágios de geração e acompanhamento de oportunidades de investimentos. A abordagem metodológica pautou-se inicialmente por uma revisão de literatura, seguida de um estudo de caso em uma empresa com unidade de novos negócios voltada ao CVC. Finalmente, foi utilizado um painel de especialistas da área de VC, composto por três grupos de especialistas: Mercado, Empreendedores e Neutro (acadêmicos, consultores em inovação e gerentes de incubadoras. Com o auxílio do software ATLAS.ti foi feita a análise de conteúdo dos discursos dos entrevistados, gerando um interessante painel a respeito das práticas de venture capital que poderá orientar não só a organização estudada, como também aos envolvidos na indústria de capital de risco, inovação e empreendedorismo. O trabalho aponta para a busca de opções de investimentos alinhadas aos mercados alvo, mas também de empreendedores alinhados à filosofia da organização. Também se observou diferenças na percepção entre os atores do painel de especialistas. Finalmente, foi destacada a importância de intermediários na aproximação das empresas inovadoras e o CVC.This study aims to understand the use of corporate venture capital structures (CVCs, identifying the motivations and difficulties in the implementation process, with focus on the generation and monitoring of investment opportunities. The methodological approach was based on a literature review, followed by an exploratory study performed in a service firm, especially in the new business unit dedicated to CVCs. Finally, we used a panel of specialists of the VC, composed of three groups of experts: Market, Entrepreneurs, and Neutral (academics, consultants, and managers of innovation incubators. The

  4. Charity in a Technological Society: From Alms to Corporation

    Science.gov (United States)

    Foltz, Franz; Foltz, Frederick

    2010-01-01

    Over the past 2,000 years, the concept of charity has moved from the personal care of the poor mandated by religious conviction to a multibillion dollar business. The culture of technological efficiency helped create this transformation. The authors explore the origins of charity and show how technology has drastically altered its form and…

  5. Engineering Technology Showcase to feature high-tech products from 18 companies

    OpenAIRE

    Gilbert, Karen

    2007-01-01

    The Student Technology Council (STC) at Virginia Tech is sponsoring an Engineering Technology Showcase on Tuesday, March 27. In addition to providing a platform for technology companies to show off their most recent innovations, technology presentations will be offered by Virginia Tech faculty and staff on topics ranging from a virtual greenhouse to the System X supercomputer.

  6. Superconducting Technology Assessment (NSA, Office of Corporate Assessments)

    Data.gov (United States)

    Networking and Information Technology Research and Development, Executive Office of the President — The government, and particularly NSA, has a continuing need for ever-increasing computational power. The Agency is concerned about projected limitations of...

  7. 78 FR 43093 - Sensient Technologies Corporation; Withdrawal of Color Additive Petition

    Science.gov (United States)

    2013-07-19

    ... of Color Additives Subject to Certification to provide for the safe use of External D&C Violet No. 2.... FDA-1998-C-0381] (Formerly Docket No. 98C-0676) Sensient Technologies Corporation; Withdrawal of Color..., of a color additive petition (CAP 8C0261) proposing that the color additive regulations be amended to...

  8. HUMAN CAPITAL DEVELOPMENT (HCD THROUGH OPEN, DISTANCE AND E-LEARNING: Evidence From Corporate Annual Reports (Carsof Top South African Listed Companies

    Directory of Open Access Journals (Sweden)

    MO Olajide ADELOWOTAN

    2014-07-01

    Full Text Available This paper discusses the role of open, distance and e-learning in the development of human resources by examining human capital development related disclosures in the corporate annual reports (CARs of top South African listed companies. The study employed content analysis method to analyse the CARs of these companies with the aid of qualitative analysis software known as Atlasti. The results show that open, distance and e-learning plays a significant role in the development of human capital in the new economy organisations.

  9. Organic Growth Improvement of Indonesian Logistics Companies (A Conceptual Model: Contribution of Strategic Management, Transformational Leadership, and Knowledge Management to Corporate Entrepreneurship and Its Impact on Organic Growth

    Directory of Open Access Journals (Sweden)

    Darjat Sudrajat

    2015-05-01

    Full Text Available Indonesian logistics companies needed performance improvement (particularly in organic growth for increasing their competitiveness. Based on previous researches that in order to increase organic growth, it could be conducted through developing corporate entrepreneurship, namely the activities that enhance company’s ability to innovate, take risk and seize market opportunities. The purpose of this paper tried to explore the relationships among variables, namely organic growth (OG, corporate entrepreneurship (CE, transformational leadership (TL, knowledge management (KM, and strategic management (SM. Therefore, this research used causal-explanatory study to explain relationships among the variables. The results of this research were concluded that TL, KM, and SM have contributions to corporate entrepreneurship and organicgrowth. The relationships could be constructed in a conceptual model that could be verified through further research.

  10. Comparison of outcomes in a case of bilateral cochlear implantation using devices manufactured by two different implant companies (Cochlear Corporation and Med-El).

    Science.gov (United States)

    Withers, S J; Gibson, W P; Greenberg, S L; Bray, M

    2011-05-01

    This paper reports a case of a patient who has had bilateral cochlear implants that have been manufactured by different cochlear implant companies (Cochlear Corporation and Med-El). Comparison of speech perception tests following single implant insertion and bilateral insertion (3 and 12 months). The patient was also interviewed to obtain a subjective opinion on their quality of hearing. The patient reported that their Med-El implant had better sound quality than their Cochlear Corporation implant. The speech perception tests however failed to show any difference. Despite no difference found with the objective tests hearing is very subjective and therefore the patient's opinion on the quality of sound is important. It is only a matter of time before other patients are fitted with bilateral cochlear implants from different companies and this information should be collated to allow comparison between manufacturers.

  11. Technology Transfer in Poland: An Investment of U.S. Government, U.S. Corporate, and Polish Government Strategies

    National Research Council Canada - National Science Library

    Hays, Susan

    1998-01-01

    This case study examines how U.S. Government (USG) policy, U.S. corporate policy, and Polish government policy affect the strategy of technology transfer of military and/or dual-use technologies in Poland...

  12. Conflict Minerals and Corporate Social Responsibilities in Sweden : How do Swedish companies respond to the conflict minerals issue and what are the challenges?

    OpenAIRE

    Tahara, Yumiko

    2012-01-01

    This study focuses on one of the emerging issues in Corporate Social Responsibility (CSR), “conflict minerals”. The discussion of the “conflict minerals” issue is that the trade of “conflict minerals”, originating from the eastern Democratic Republic of the Congo (DRC), helps to finance conflicts characterized by extreme violence including killing and rape, therefore, the downstream companies which indirectly buy these minerals should take actions (Global Witness, 2010).This study first seeks...

  13. How do foreing companies understand and practice Corporate Social Responsibility in Mozambique? : a comparative study of three business activities and their approach to CSR

    OpenAIRE

    Thomsen, Bettina

    2010-01-01

    Masteroppgave i development management- Universitetet i Agder 2010 Corporate Social Responsibility (CSR) which is a set of standards to which a company subscribes in order to make its impact on society is believed to have potential to contribute to sustainable development and poverty reduction in the world by addressing one or more of the four responsibilities described by Carroll in his CSR Pyramid, and later revisited by Visser. The impacts however will depend on which approa...

  14. Corporate Social Performance of Indian FMCG Companies Introduction of CSR, framework and Karmayog CSR Ratings with three top Indian FMCG companies CSR initiatives

    Directory of Open Access Journals (Sweden)

    Saeed Khan

    2009-12-01

    materials, these companies are doing work in the field of Environment, Health care, Education, Community welfare, Women's empowerment and Girl Child care. Companies like Hindustan Unilever started work on CO2 reduction also. The websites of these companies are providing information about their CSR initiatives but are found not updated regularly. For checking their CSR performance, Karmayog Rating is taken. The rating gives good insight on CSR ratings of major FMCG companies of India. The method of calculating the rating also discussed. In appendices, India‘s top three major FMCGs companies overall CSR initiatives are discussed.

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

    OpenAIRE

    Anderson Darrell; Daniel Johnson

    2016-01-01

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

  16. Using basic technology – and corporate social responsibility – to ...

    African Journals Online (AJOL)

    While South Africa (SA) will almost certainly fail to meet next year's Millennium Development Goals (MDGs) of reducing deaths of children under 5 by two-thirds and the maternal mortality rate by three-quarters, one brilliantly simple technological innovation is accelerating progress.

  17. Ethnography of Corporeality: A Carnal Move in Educational Technology Research

    Science.gov (United States)

    Enriquez-Gibson, Judith

    2016-01-01

    Despite the increasing focus on non-dualistic and materialist approaches in education technology studies, the materiality of the body has not been adequately examined. Because of the heavy orientation towards affordance, interaction, participation, inclusion and access at the interface or between various spatial and liminal settings, the subject's…

  18. Human Resources or Information Technology: What is More Important for Companies in the Digital Era?

    Directory of Open Access Journals (Sweden)

    Turulja Lejla

    2016-03-01

    Full Text Available Background: Companies can improve their business performance, increase revenues and reduce costs by enhancing their information technology (IT capability. On the other side, there is an increasing importance of human resource management (HRM practices related to IT utilization, which are important for the business performance of a company in the rapidly changing knowledge-based economy.

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

    Directory of Open Access Journals (Sweden)

    Ingaldi Manuela

    2016-06-01

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

  20. Companies investments on Private Equity/Venture Capital market

    Directory of Open Access Journals (Sweden)

    Zbigniew Drewniak

    2009-12-01

    Full Text Available One of the investors on Private Equity/Venture Capital market are corporations. The share of companies in total funds raised by PE/VC funds is still on the very low level. Beside indirect investments, companies invest directly, creating special entities in one corporate structure. Capital gains are one of the advantages of these investments for companies. However, the companies have also other purposes like the acquirement and the development of new technologies, as well as the transfer of knowledge. The participation of PE/VC fund in the investment process results in the support for company expansion and the creation of company value.

  1. 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.

  2. THE DEVELOPMENT OF CORPORATE CULTURE OF GAS COMPANY BASED ON THE USE OF RESOURCES OF TRAINING CENTRE OF VOCATIONAL EDUCATION (ON THE EXAMPLE OF OJSC «SURGUTNEFTEGAS»

    Directory of Open Access Journals (Sweden)

    S. P. Zaitseva

    2016-01-01

    Full Text Available The aim of the presented article consists in justification of the need of level increase of the corporate culture providing preserving competitiveness of any organization, and attraction for this purpose of resources of training centers of vocational education.Methods. While researching the problem the comparative, structural and system analysis, sociological methods (poll, questioning, and individual conversations, methods of project management were used.Results and scientific novelty. The brief summary of scientific and statistical sources argumentative for a direct connection between internal culture in corporation and its production indicators: a level of the income, stock value, size of a net profit. Development of a corporate culture of the companies of an oil-and-gas sector of economy ofRussia is considered. The problem zones of development of a corporate culture are revealed on the example of functioning of structural divisions of OJSC «Surgutneftegas»; pedagogical conditions of its improvement on the base of theCenter ofPolytechnic Training are shown. Based on the models of a corporate culture recognized in developed countries, the cyclic system of forming of this type of culture is offered; recommendations on activization of the available potential of the intra-corporate centers of vocational training are developed (earlier in similar divisions these aspects of activity organization were scarcely discussed.Practical significance. The proposed option of increase of effective management of the staff and a further strategic development of the company is acceptable not only for oil and gas companies, but also for the organizations of a wide range of activities which are engaged in fixed or periodic retraining and advanced training of the employees. At the same time, both own corporate centers of vocational training and other educational institutions can be involved in this activity. The described scheme of interaction between business

  3. Management of the Technological Innovation Process in Software Companies from Sinaloa, Mexico

    Directory of Open Access Journals (Sweden)

    Alejandra MIRANDA FELIX

    2016-06-01

    Full Text Available The objective of this paper is to explain the management process of technological innovation within certified software companies from Sinaloa, considering their strategic technology plan, innovative processes, and intellectual capital. This work is based on the study of 9 software companies located in Sinaloa and certified through the CMMI (Capability Maturity Model for Integration process. Their problems are grouped into three areas: 1 strategic technology plan, 2 innovation and 3 intellectual capital. We propose a model of innovation management to explain and evaluate the integration of those three areas applying a mixed methodology, theoretical foundations, and the analysis of the results. The overall results reveal that the certified software companies from Sinaloa manage innovation informally, through an internal, costly and independent innovation process without considering alliances with other companies, educational institutions, government agencies, technology parks or research and development centers.

  4. Fabless company mask technology approach: fabless but not fab-careless

    Science.gov (United States)

    Hisamura, Toshiyuki; Wu, Xin

    2009-10-01

    There are two different foundry-fabless working models in the aspect of mask. Some foundries have in-house mask facility while others contract with merchant mask vendors. Significant progress has been made in both kinds of situations. Xilinx as one of the pioneers of fabless semiconductor companies has been continually working very closely with both merchant mask vendors and mask facilities of foundries in past many years, contributed well in both technology development and benefited from corporations. Our involvement in manufacturing is driven by the following three elements: The first element is to understand the new fabrication and mask technologies and then find a suitable design / layout style to better utilize these new technologies and avoid potential risks. Because Xilinx has always been involved in early stage of advanced technology nodes, this early understanding and adoption is especially important. The second element is time to market. Reduction in mask and wafer manufacturing cycle-time can ensure faster time to market. The third element is quality. Commitment to quality is our highest priority for our customers. We have enough visibility on any manufacturing issues affecting the device functionality. Good correlation has consistently been observed between FPGA speed uniformity and the poly mask Critical Dimension (CD) uniformity performance. To achieve FPGA speed uniformity requirement, the manufacturing process as well as the mask and wafer CD uniformity has to be monitored. Xilinx works closely with the wafer foundries and mask suppliers to improve productivity and the yield from initial development stage of mask making operations. As an example, defect density reduction is one of the biggest challenges for mask supplier in development stage to meet the yield target satisfying the mask cost and mask turn-around-time (TAT) requirement. Historically, masks were considered to be defect free but at these advanced process nodes, that assumption no longer

  5. The Trend of CSR Disclosures and the Role of Corporate Governance Attributes: The Case of Shari'ah Compliant Companies in Malaysia

    Directory of Open Access Journals (Sweden)

    Abdifatah Ahmed Haji

    2012-12-01

    Full Text Available This study examines the trend of corporate social responsibility (CSR disclosures and the role of corporate governance attributes in the CSR disclosures of Shari’ah compliant companies (ShCCs in Malaysia for the years 2006 and 2009, a period which corresponds before and after a plethora of significant changes in Malaysia, encompassing the recent financial crisis and policy changes in the form of corporate governance restructuring. Using a CSR disclosure checklist, the extent and quality of CSR discourses of a sample of 76 ShCCs was examined. The results indicate that the extent and quality of CSR disclosures by the ShCCs is in overall low. However, there was a significant increasing trend in both the extent and quality of the CSR disclosures by the ShCCs over time. results of this study offer a number of practical implications. First, whilst the findings reveal a significant increasing trend of CSR information subsequent to the policy changes and the recent financial crisis, the CSR information was however not systematically provided, with most of the disclosures being stated in a narrative form. Hence, the policy makers in Malaysia may want to re-enforce the mandatory requirement of CSR information and provide a detailed CSR framework for the companies to follow such as "what" and "how" the CSR information should be disclosed. Second, the role of corporate governance attributes in the social disclosures of the ShCCs did not improve following the revised code, perhaps due to the unfolding recent global financial turmoil which may have undermined the effectiveness of the corporate governance attributes. Finally, this study offers the first empirical study to have assessed the trend of CSR disclosures and the role of governance attributes in CSR disclosure practices by the ShCCs.

  6. OCETA: services for environmental companies an technology developers

    Energy Technology Data Exchange (ETDEWEB)

    Buckley, A.; Ozdemir, B. [Ontario Centre for Environmental Technology Advancement, Toronto, ON (Canada)

    1995-12-31

    Services provided by OCETA (Ontario Centre for Environmental Technology Advancement) to Ontario-based developers of environmental technologies, were described. While OCETA is not a granting agency, it is prepared to provide seed funding, in combination with private and government funding for client projects, and is committed to sharing risks and rewards for successful commercialization. The agency is also in a position to provide technology services at agreed discounts and to maximize in-kind contributions in order to extend project funding. Other services that the agency is equipped to provide, are described. These include information services, technology demonstration and assessment, business services, funding identification and sourcing, marketing, partnerships, and export market development.

  7. European coal technology applied by the Danish power companies

    Energy Technology Data Exchange (ETDEWEB)

    Frydenberg, B. [Elsamprojekt A/S, Fredericia (Denmark)

    1996-12-31

    The development of coal-fired power plants has shown remarkable improvements with regard to efficiency and cleaner technology, and as coal remains the most important fuel for electric power production, it is important to make use of this technological development to reduce CO{sub 2} emissions. Of the three available technologies: Integrated Coal Gasification and Combined Cycle, Fluid Bed Combustion and Pulverised Coal with Ultra Supercritical Steam Data, the technology chosen by I/S ELSAM is the PC-USC with power production efficiencies growing from 45% to 50%. 5 figs., 1 tab.

  8. Initial investment to 3D printing technologies in a construction company

    OpenAIRE

    Cernohorsky, Zdenek; Matejka, Petr

    2017-01-01

    This article deals with an initial investment to 3D printing technologies in a construction company. The investment refers to the use of building information models and their integration with 3D printing technology within a construction company. In the first part, there will be discussed an introduction of 3D printing scheme in a construction company from a lifecycle perspective in general. As a part of this scheme, the ideal variant of an initial investment will be considered a.k.a a pilot p...

  9. 26 CFR 1.955A-2 - Amount of a controlled foreign corporation's qualified investments in foreign base company...

    Science.gov (United States)

    2010-04-01

    ... money or other intangible assets of a controlled foreign corporation, to the extent that such assets are... a controlled foreign corporation accumulates money or other intangible assets pursuant to a plan to...) Related shipping assets (within the meaning of paragraph (b) of this section), (iii) Stock or obligations...

  10. 78 FR 73585 - The Three Rivers Railway Company-Corporate Family Merger Exemption-Mahoning State Line Railroad...

    Science.gov (United States)

    2013-12-06

    ... overhead costs, and that the transaction will reduce corporate overhead and duplication by eliminating one... filed a verified notice of exemption under 49 CFR 1180.2(d)(3) for a corporate family transaction... Oct. 23, 1992). Under the proposed transaction, MSLR will be merged with and into TRRC. Applicants...

  11. 78 FR 73584 - CSX Transportation, Inc.-Corporate Family Merger Exemption-Buffalo, Rochester and Pittsburgh Company

    Science.gov (United States)

    2013-12-06

    ... overhead costs, and that the transaction will reduce corporate overhead and duplication by eliminating one... jointly filed a verified notice of exemption under 49 CFR 1180.2(d)(3) for a corporate family transaction... Unclaimed Property. Under the proposed transaction, BR&P will be merged with and into CSXT. Applicants state...

  12. "HIV is irrelevant to our company": everyday practices and the logic of relationships in HIV/AIDS management by Japanese multinational corporations in northern Thailand.

    Science.gov (United States)

    Michinobu, Ryoko

    2009-03-01

    Multinational corporations (MNCs) are important participants in workplace initiatives on HIV/AIDS as they collaborate with international organizations to globally promote various policies and guidelines. To date, MNCs have enacted the majority of such initiatives in North America, Europe and South Africa, but we have little information on how MNCs elsewhere, especially in Japan, have responded to the issue of HIV/AIDS in the workplace. This study examines the actual on the ground situation of HIV/AIDS management in Japanese MNCs, specifically investigating everyday corporate practices in the context of internal interactions and relationships and the resulting practices and outlook concerning HIV/AIDS. It is based on a secondary analysis of ethnographic case studies conducted in 10 Japanese-affiliated companies in northern Thailand. Japanese managers, Thai managers and ordinary Thai workers all considered HIV/AIDS to be "irrelevant" to their company and/or themselves. HIV/AIDS measures in the companies were limited to provision of information. This perception and management of HIV/AIDS developed from their everyday interactions governed by the logic of relationships in the companies. In these interactions, they categorized others based on their ascriptive status, primarily based on class, ethnicity and nationality. They sought scapegoat groups that were lower than them in the class- and ethnicity/nationality-based hierarchical system, and cast the risk of HIV infection upon the scapegoat groups, thus reducing their own sense of risk. The paper shows that the relational logic, not ideals or principles, influences their views of and actions concerning HIV/AIDS management in the companies. This is why Japanese companies are unable to deal with HIV/AIDS in terms of international policies and guidelines that are based on the logic of human rights and the logic of business principles. The results suggest a need for international policymakers to pay more attention to

  13. Corporate governance for trillion dollar opportunities

    OpenAIRE

    Hugh Grove; Maclyn Clouse

    2017-01-01

    Boards of Directors will have to play a key role in the technological survival and development of companies by asking corporate executives about their plans and strategies for these emerging technological changes and challenges. Key challenges and opportunities discussed in this paper, with corresponding corporate governance implications, included Big Data, Artificial Intelligence (AI) with Industry 4.0, AI with the Internet of Things (IoT), Deep Learning, and Neural Networks. Survival should...

  14. Corporate Developments and Strategic Alliances in E-Learning.

    Science.gov (United States)

    Clarke, Thomas; Hermens, Antoine

    2001-01-01

    Describes the emergence of corporate universities and strategic alliances among universities, electronic learning companies, and technology companies that are providing online delivery of interactive education and training. Outlines characteristics of comprehensive electronic learning and cautions against the use of new technologies to deliver…

  15. Motivational Factors of Companies that Establish Cooperation with Institutes of Science and Technology

    Directory of Open Access Journals (Sweden)

    Bruno Giovanni Mazzola

    2016-04-01

    Full Text Available Technological innovation is deemed strategic for organizations and nations to achieve and sustain competitive advantage. One of the most effective means for companies to achieve these innovations is through the relationship with universities. Thus, this study aimed to identify the main factors that motivate companies to establish this partnership. Hence, a descriptive study was elaborated, in which respondents are companies that have some level of cooperation with universities and institutes of science and technology. The results obtained show that the main reasons are, according to their importance: (1 to strengthen the technology, (2 to search for new sources of creativity, (3 to obtain expertise in market-oriented technologies, (4 to acquire new technologies; (5 to reach skilled labor, (6 to train their human resources, and (7 to develop new products. Furthermore, this study found that the less important factors are related to social reasons; this finding deserves further investigation in future studies.

  16. Corporate Foundations

    DEFF Research Database (Denmark)

    Herlin, Heidi; Thusgaard Pedersen, Janni

    2013-01-01

    action between business and NGOs through convening, translation, collaboration, and mediation. Our study provides valuable insights into the tri-part relationship of company foundation NGO by discussing the implications of corporate foundations taking an active role in the realm of corporate social...... responsibility (CSR). The paper hence illuminates the fascinating and overlooked role of corporate foundations as potential bridges between business and civil society. It also informs theory on boundary organizations by clarifying challenges and limits of such institutions.......This paper aims to explore the potential of Danish corporate foundations as boundary organizations facilitating relationships between their founding companies and non-governmental organizations (NGOs). Hitherto, research has been silent about the role of corporate foundations in relation to cross...

  17. Technological Capability Upgrading and Entrepreneurship: Case Study of Selected Indonesian Fish Processing Companies

    Directory of Open Access Journals (Sweden)

    Erman Aminullah

    2016-07-01

    Full Text Available This study analyzes the technological capability upgrading and entrepreneurship in the Indonesian fish processing industry. The analysis viewed from the Sectoral Innovation System (SIS focuses on two aspects: the enabling factors for innovation, and the role of entrepreneur in technological capability upgrading. The study finds that Indonesian fish processing companies: (i are less interactive with local universities or other STI (science, technology and innovation centers, and innovation was mostly done through learning by DUI (doing, using and interacting; (ii are characterized as low-tech industries with a high standard for food safety and product differentiation; (iii apply adaptive innovation, modified from existing technology or knowledge, except for the leading companies who apply innovation for new products in the market; (iv actors, technology, market trends, and networks are the main enabling factors for innovation; and (v the role of entrepreneurs – especially in building entrepreneurial networks – were dominant in the leading companies. The entrepreneurial networks exist and work in global distribution chains that are widely adopted by companies to export their products through buyer–producer relationships. The pathways toward export markets are: global born directly, fastly learned global, and delay learned global companies. These categories have enriched the Mets category (2012. The policy implications of the findings for government should: (i facilitate companies’ interaction with local universities or other STI centers; and (ii encourage domestic companies to improve their competitiveness by shifting to higher added value products through various innovations and trading policy schemes.

  18. Technology and products of gas companies; Gas gaisha no Technology and Products

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-06-10

    This paper presents the latest technology and products of gas companies. `Newly developed gas table for one-push automatic fish broiling` of Tokyo Gas Co. `Catalytic technology for decomposing dioxin generated by incinerator to make it harmless` of Osaka Gas Co. `Newly developed strong and kindly shower head` of Tokyo Gas Co. By laying fish on a sensor in a grill and appropriately setting upper and lower heating levers, user can skillfully broil fish only by pushing an ignition button. A temperature sensor attached to the center of a grill catches a change in surface temperature of fish, and automatically sets an appropriate broiling time according to the kind and volume of fish. A finish buzzer and automatic extinction mechanism are prepared. The technology decomposes dioxin in exhaust gas of incinerators to make it harmless. The catalyst is prepared by dispersing noble metal or oxide of several angstroms into activated carbon fibers. The shower head can switch hot water power by a control handle

  19. Corporate governance and the adoption of health information technology within integrated delivery systems.

    Science.gov (United States)

    Baird, Aaron; Furukawa, Michael F; Rahman, Bushra; Schneller, Eugene S

    2014-01-01

    Although several previous studies have found "system affiliation" to be a significant and positive predictor of health information technology (IT) adoption, little is known about the association between corporate governance practices and adoption of IT within U.S. integrated delivery systems (IDSs). Rooted in agency theory and corporate governance research, this study examines the association between corporate governance practices (centralization of IT decision rights and strategic alignment between business and IT strategy) and IT adoption, standardization, and innovation within IDSs. Cross-sectional, retrospective analyses using data from the 2011 Health Information and Management Systems Society Analytics Database on adoption within IDSs (N = 485) is used to analyze the correlation between two corporate governance constructs (centralization of IT decision rights and strategic alignment) and three IT constructs (adoption, standardization, and innovation) for clinical and supply chain IT. Multivariate fractional logit, probit, and negative binomial regressions are applied. Multivariate regressions controlling for IDS and market characteristics find that measures of IT adoption, IT standardization, and innovative IT adoption are significantly associated with centralization of IT decision rights and strategic alignment. Specifically, centralization of IT decision rights is associated with 22% higher adoption of Bar Coding for Materials Management and 30%-35% fewer IT vendors for Clinical Data Repositories and Materials Management Information Systems. A combination of centralization and clinical IT strategic alignment is associated with 50% higher Computerized Physician Order Entry adoption, and centralization along with supply chain IT strategic alignment is significantly negatively correlated with Radio Frequency Identification adoption : Although IT adoption and standardization are likely to benefit from corporate governance practices within IDSs, innovation is

  20. Companies hone in on radar-docking technology

    Science.gov (United States)

    Howell, Elizabeth

    2009-11-01

    As NASA prepares to retire the Space Shuttle next year, two private space firms have tested docking technology that could be used on the next generation of US spacecraft. In September, Canadian firm Neptec tested a new radar system on the Space Shuttle Discovery that allows spacecraft to dock more easily. Meanwhile, Space Exploration Technologies (SpaceX) based in California has revealed that it tested out a new proximity sensor, dubbed "Dragoneye", on an earlier shuttle mission in July.

  1. Evolution of Corporate Essence

    DEFF Research Database (Denmark)

    Fomcenco, Alex

    2016-01-01

    that applies to a traditional limited liability company. Its main distinctive attributes are corporate purpose, accountability of its management, and transparency requirements. Although, a Public Benefit Corporation does not impose any revolutionary amendments to the way the traditional corporations are......, it offers a legal framework where public benefit is more important than profits. As a corporate entity, Public Benefit Corporation already exists in numerous jurisdictions and those jurisdictions that do not yet facilitate creation of this corporate form should most definitely consider it....

  2. Social Bookmarking on a Company's Intranet: A Study of Technology Adoption and Diffusion

    Science.gov (United States)

    Ziv, Nina D.; White, Kerry-Ann

    Until recent developments in digital-based innovation, companies were defined by how they made use of resources which were tangible things such as equipment, land, raw materials and human talent for the purpose of supplying goods and services to the economy [37]. Such companies had a clearly defined central management structure which was responsible for the general policies under which the company's hierarchy operated with well delineated reporting relationships and job responsibilities [47]. Within this rigid hierarchical organizational structure, decision making was bureaucratic and an anti-innovation bias was prevalent [55]. Even with the development of electronic communications and computing systems, innovation was relegated to the purview of professional R&D departments [22] within a highly structured corporate environment [51]. Indeed, in 1992, when managers were surveyed about the structure of their companies, most answered that their companies were still structured in a very traditional way, that is, with standardized jobs, procedures and policies and a hierarchical organization which emphasized a top-down chain of command [6].

  3. Dynamic Modelling of a Knowledge Management System Evolution for a Technological Corporation

    International Nuclear Information System (INIS)

    Pershukov, V.; Belenkaya, N.; Sheveleva, S.; Kuptsov, I.; Andrianov, A.; Fesenko, G.

    2016-01-01

    Full text: The paper describes a dynamic mathematical model of a knowledge management system for a technological corporation. The model consists of three equations for generalized variables which characterize the human capacity, accumulated knowledge and profits interrelated by means of the Cobb–Douglas production function. The presented model is intended to simulate the system evolution over time including identification of possible catastrophic behavior of the system and can be used to solve various problems of forecasting the development of knowledge management systems in technological corporations, and assess the effectiveness of organizational measures aimed at improving the system efficiency. Using this model, it is possible to simulate the system evolution over time and conduct scenario research in the changing internal and external conditions as well as select the optimal system parameters in order to achieve certain goals and formulate requirements for the system components. The authors present the results of applying this model in simulating the dynamics of the knowledge management system development in a technological corporation and discuss some methodological issues related to the mathematical modeling of processes and models of knowledge management. (author

  4. The effect of corporate sustainability information on share returns: analysis of companies included in the Global Ranking 100 [doi: 10.21529/RECADM.2017010

    Directory of Open Access Journals (Sweden)

    Nathállya Etyenne Figueira Silva

    2017-10-01

    Full Text Available This study aimed to analyze the effect of corporate returns after the disclosure of inclusion in the Global 100 ranking. For this purpose, the methodology of the Study of Events was used, based on the hypothesis of a semi-strong efficient market. The Global 100 rankings considered in this study were the ones released over 12 years, from 2005 to 2016. The survey sample composed of the shares of the companies that had data on the date of their inclusion, and thus consisting of 266 shares. The variable used was daily quotations of companies' shares during the estimation period (160 days and event window (21 days and the market indices of the countries in which the share was quoted, collected in the Thomson Reuters Database®. The results showed that the release of the Global 100 ranking did not cause significant positive or negative effect on the cumulative abnormal returns (CARs of the shares of listed companies.   Keywords Global 100; Corporate social responsibility; Sustainability; Financial performance.

  5. High-Technology Companies Often Turn to Colleges for Confidential 'Beta Tests' of New Products.

    Science.gov (United States)

    Turner, Judith Axler

    1988-01-01

    Beta testing--the process of trying a product in a real-world setting before releasing it commercially--exploits a natural interface between universities and high-technology industries. High-tech companies need confidential, real-world tests of new products, and universities are eager to get an early look at tomorrow's technology. (MLW)

  6. Factors that Impact Software Project Success in Offshore Information Technology (IT) Companies

    Science.gov (United States)

    Edara, Venkatarao

    2011-01-01

    Information technology (IT) projects are unsuccessful at a rate of 65% to 75% per year, in spite of employing the latest technologies and training employees. Although many studies have been conducted on project successes in U.S. companies, there is a lack of research studying the impact of various factors on software project success in offshore IT…

  7. Marooned no more : Newfoundland company hopes new technology means discovery won't be left high and dry

    International Nuclear Information System (INIS)

    Smith, M.

    2006-01-01

    Stranded gas currently makes up between 30 and 80 per cent of proven and potential natural gas reserves. Stranded gas is too remote from markets to be transported via pipeline, and is too small to justify costly liquefied natural gas (LNG) or gas-to-liquids infrastructure. However, emerging gas-to-wire technology may monetize an oil and gas discovery owned by Canadian Imperial Venture Corporation that is secluded on the west side of Newfoundland. Gas-to-wire technology involves generating power at the point of extraction to eliminate transportation costs. The wellsite is located within half a kilometre of the electricity grid. The gas-to-wire solution was proposed by ENEGI, a company that has developed software capable of analyzing multiple development options for stranded gas fields; probabilisitically estimating the risks and returns of a potential investment; and selecting the development plan that maximizes the value of a project. Factors such as recoverable reserves, gas flow rate, price of electricity, the distance to the nearest grid entry-point and the type of generating technology are considered to assess whether a field or group of fields may be suitable for gas-to-wire technology. The software provides detailed analysis of the key economic decision-making criteria through cash-flow analysis and the effect of different financing strategies on future balance sheets. The ENEGI knowledge base has a number of associated models consisting of a collection of algorithms with associated sets of data. ENEGI intends to use its scoping capability to identify suitable stranded gas assets and to demonstrate the value that may be added through a gas-to-wire solution. A recent detailed study conducted by the company has suggested that gas-to-wire may be a profitable option for many stranded gas fields. 2 figs

  8. Promoting Sustainability through Investment in Building Information Modeling (BIM Technologies: A Design Company Perspective

    Directory of Open Access Journals (Sweden)

    Marius Reizgevičius

    2018-02-01

    Full Text Available The aim of this article is to enhance the understanding of how design companies perceive the benefits of Building Information Modeling (BIM technologies application. BIM is recognized in the literature as a (potentially powerful driver leading the construction sector towards sustainability. However, for design companies, the choice to invest in BIM technologies is basically an economic one. Specifically, a design company assesses economic benefits and efficiency improvements thanks to the application of BIM technologies. The article discusses the return on investments (ROI in BIM technologies and reviews ROI calculation methodologies proposed by other authors. In order to evaluate BIM return on investment correctly practical ROI calculations are carried out. Appropriate methods, together with the relevant variables for ROI calculation, are developed. The study allows for adjusting the calculation method making it more accurate and understandable using the Autodesk Revit based ROI calculation of the first year.

  9. Puncturing the pipeline: Do technology companies alienate women in recruiting sessions?

    Science.gov (United States)

    Wynn, Alison T; Correll, Shelley J

    2018-02-01

    A 'chilly' environment limits women's advancement through the educational pipeline leading to jobs in science and technology. However, we know relatively little about the environment women encounter after making it through the educational pipeline. Do technology companies create environments that may dampen women's interest at the juncture when they are launching their careers? Using original observational data from 84 recruiting sessions hosted by technology companies at a prominent university on the US West Coast, we find that company representatives often engage in behaviors that are known to create a chilly environment for women. Through gender-imbalanced presenter roles, geek culture references, overt use of gender stereotypes, and other gendered speech and actions, representatives may puncture the pipeline, lessening the interest of women at the point of recruitment into technology careers.

  10. Occupational safety and health aspects of corporate social responsibility (CSR) in Japanese companies listed on the Tokyo Stock Exchange (TSE) first section.

    Science.gov (United States)

    Kawashita, Futoshi; Taniyama, Yukari; Hwi, Song You; Fujisaki, Takeshi; Kameda, Takashi; Mori, Koji

    2005-11-01

    Recently, corporate social responsibility (CSR) is becoming widely recognized as an issue for Japanese companies. Corporate responsibility for employees is considered important by various stakeholders, and occupational safety and health is regarded as one of these responsibilities. The present authors examined this issue from the viewpoint of corporate management by analysis of statements found in CSR-related reports. For companies listed on the First Section of the Tokyo Stock Exchange (TSE), we searched for CSR-related reports, and titles and contents, based on two established guidelines: the GRI Sustainability Reporting Guidelines 2002 as the international reference and the Environmental Reporting Guidelines of the Ministry of the Environment, Government of Japan, as the domestic reference. Corporations that published CSR reports were 26.3% (416/1,581) of the total, and large differences were recognized by type of industry. Comparing the numbers of pages for various contents, more concern was shown about the environment than about social activity, indicating the environment to be the main issue of CSR in Japan. In the items included in the guidelines, many matters about occupational accidents were mentioned, but it was found that statements regarding HIV/AIDS, which is not of such strong social concern in Japan, and statements regarding the costs of safety that are difficult to calculate were few. However, statements regarding mental health, which is of high interest socially, were many, even though this issue is not included in the two guidelines used. In revising the guidelines, these matters should be reviewed. In the future, continuance of analysis of CSR-related reports with regard to changes and comparisons with overseas reports will help improve occupational safety and health.

  11. REASONS FOR TECHNOLOGY-BASED COMPANIES CONTEMPLATED BY THE FIRST COMPANY PROGRAM TO SEEK ISO 9001:2008 CERTIFICATION

    Directory of Open Access Journals (Sweden)

    Eduardo Gomes Salgado

    2016-03-01

    Full Text Available The search for implementation of Quality Management Systems aims to continuously improve their results. Thus, for the services and/or products offered to convey trust and credibility, they must be designed within appropriate norms and standards. In this sense, this study seeks to assess the reasons that induce incubated technology-based companies to seek adequacy of their quality management system to the NBR ISO 9001:2008 standard. Through an exploratory survey in twenty-six incubated technology-based companies, a twelve-question questionnaire proposed by Bhuiyan and Alam (2005 was applied. After analyzing the data, it is concluded that the reasons for adequacy of QMS to the NBR ISO 9001:2008 standard are: competitive advantage over competitors; consultant´s approach for implementation; improvement in product quality; and government funding for ISO 9001 certification.  It is found that the consultant´s approach stands out as a strong reason for seeking the adequacy of QMS to the NBR ISO 9001 standard.

  12. Initial investment to 3D printing technologies in a construction company

    Directory of Open Access Journals (Sweden)

    Cernohorsky, Zdenek

    2017-06-01

    Full Text Available This article deals with an initial investment to 3D printing technologies in a construction company. The investment refers to the use of building information models and their integration with 3D printing technology within a construction company. In the first part, there will be discussed an introduction of 3D printing scheme in a construction company from a lifecycle perspective in general. As a part of this scheme, the ideal variant of an initial investment will be considered a.k.a a pilot project. In the second part, there will be a more detailed discussion of the pilot project, more about each activities which should be its parts and which should analyze cost categories. These categories will be about particular lifecycle stages of the pilot project. In the third part, a summary is done. This article could be a handout for a construction company in a term of an initial investment to 3D printing.

  13. Risk assessment and mitigation at the information technology companies

    Directory of Open Access Journals (Sweden)

    Ben Marx

    2016-05-01

    Full Text Available Developing computer software that is free from material defects is the ultimate goal for software developers; however, due to the cost and complexity of software development, it is a goal that is unlikely to be achieved. As a consequence of the inevitable defects that manifest within computer software, the task of software patch management becomes a key focus area for software companies, IT departments, and even end users. Audit departments, as part of their responsibilities, are required to provide assurance on the patching process and therefore need to understand the various decision-making factors. Software flaws that exist within computer systems may put confidential information at risk and may also compromise the availability of such systems. The study investigated the recommended approaches for the task of software patching, with a view to balancing the sometimes conflicting requirements of security and system availability. The study found that there are a number of key aspects that are required to ensure a successful patching process and that the internal auditors of the ‘big four’ South African banks considered most of these factors to be important

  14. The Ability to Assimilate Technology as a Source of Competitive Advantage of Financial Companies in Poland

    OpenAIRE

    Glabiszewski Waldemar; Zastempowski Maciej

    2016-01-01

    This article is empirical in nature and attempts to assess the impact of ability to assimilate newly acquired technologies by financial companies operating in Poland gaining market competitive advantages. The outcome of the research conducted proved the existence of this relationship and found it be strong. This means that the development of these abilities within the absorptive potential of financial companies should trigger a significant increase in the market competitive advantages held by...

  15. Effective Tax Rate of Corporate Income Tax in the Post-Crisis Period: The Case of Non-Financial Companies Listed on the Bucharest Stock Exchange

    Directory of Open Access Journals (Sweden)

    Teodorescu Mihaela

    2017-01-01

    The first part of the paper presents the main causes for the divergence between the statutory and effective rate of the corporate income tax, based on the provisions of the Romanian Fiscal Code. The differences between the gross income and the taxable profit, which form the basis for calculating the income tax, are highlighted. The second part is devoted to the methodology for calculating the effective income tax rate and its analysis, based on data from the financial statements published in the post-crisis period by Romanian companies listed on BVB.

  16. Gendered Perceptions of Cultural and Skill Alignment in Technology Companies

    Directory of Open Access Journals (Sweden)

    Alison T. Wynn

    2017-05-01

    Full Text Available Previous research documents how stereotypes discourage young women from choosing and attaining technology jobs. We build off this research and ask whether (and how stereotypes continue to affect men and women once they enter the technology workforce. Using a novel survey of technical employees from seven Silicon Valley firms and new measures of what we call “cultural” and “skill” alignment, we show that men are more likely than women to believe they possess the stereotypical traits and skills of a successful tech employee. We find that cultural alignment is especially important: because women are less likely than men to believe they match the cultural image of successful tech workers, they are less likely to identify with the tech profession, less likely to report positive supervisor treatment, and more likely to consider switching career fields. This paper is the first to use unique and independent measures of cultural and skill alignment comparing employees’ perceptions of themselves to their perceptions of an ideal successful worker. By allowing cultural and skill alignment to operate separately, we are able to determine which work outcomes are most strongly related to each form of alignment. Our results imply that if we can broaden the cultural image of a successful tech worker, women may be more likely to feel like they belong in technology environments, ultimately increasing their retention in tech jobs.

  17. The impact of information technology on productivity using structural equations technique in Iran Behnoush Company

    Directory of Open Access Journals (Sweden)

    Mina Beig

    2012-08-01

    Full Text Available Information technology plays an important role on increasing productivity in many organizations. The primary objective of the present survey is to study the impact of information technology on productivity and find a positive and significant relationship between these two factors. Structural equations technique and LISREL software are used for analysis of the questionnaires distributed among managers and some employees of Iran Behnoush Company. Organizations try to improve their performance by investment in information technology. However, many of the previous studies indicate insignificance of the impact of information technology on productivity of the organizations. The present survey studies the impact of information technology on organizations' productivity through the collected data from the above company. Results confirm existence of a positive relationship between information technology and productivity.

  18. Corporate Reporting on Farm Animal Welfare: An Evaluation of Global Food Companies' Discourse and Disclosures on Farm Animal Welfare.

    Science.gov (United States)

    Sullivan, Rory; Amos, Nicky; van de Weerd, Heleen A

    2017-03-06

    The views that food companies hold about their responsibilities for animal welfare can strongly influence the lives and welfare of farm animals. If a company's commitment is translated into action, it can be a major driver of animal welfare. The Business Benchmark on Farm Animal Welfare (BBFAW) is an annual evaluation of farm animal welfare-related practices, reporting and performance of food companies. The framework evaluates how close, based on their disclosures, companies are to best practice in three areas: Management Commitment, Governance & Performance and Leadership & Innovation. The BBFAW analysed information published by 68 (2012) and 70 (2013) of the world's largest food companies. Around 70% of companies acknowledged animal welfare as a business issue. Between 2012 and 2013, the mean BBFAW score increased significantly by 5% ( p < 0.001, Wilcoxon Signed-Rank test). However, only 34% (2012) and 44% (2013) of companies published comprehensive animal welfare policies. This increase suggests that global food companies are increasingly aware that farm animal welfare is of interest to their stakeholders, but also that many companies have yet to acknowledge farm animal welfare as a business issue or to demonstrate their approach to farm animal welfare to stakeholders and society.

  19. Corporate Governance

    Directory of Open Access Journals (Sweden)

    Dragoș-Mihail Daghie

    2011-05-01

    Full Text Available The purpose of this study is to analyze and understand the recently introduced form of managementof a company limited by shares. The Law no. 441/2006, which fundamentally amended Company Law,created this form of controlling the company, the corporate governance, but the legislation does not explicitlydefine what it wants to achieve through this instrument. This topic is recent in research as the theme ofgerman-roman commercial law systems (in French corporate governance system was introduced in 1966 andin Romania in 2006 but in terms of Anglo-Saxon law, the topic has been addressed years since 1776 (AdamSmith: The Wealth of Nations The concept of corporate governance would like, as a result, to establish somerules that companies must comply in order to achieve effective governance, transparent and beneficial forboth shareholders and for the minority. Corporate governance is a key element with an aim at improvingefficiency and economic growth in full accordance with the increase of investors’ confidence. Corporategovernance assumes a series of relationship between the company management, leadership, shareholders andthe other people concerned. Also corporate governance provides for that structure by means of which thecompany’s targets are set out and the means to achieve them and also the manner how to monitor such.

  20. Corporate monitoring by technological means in Spain: overview of substantive and procedural conceptual construction

    Directory of Open Access Journals (Sweden)

    Rodrigo Tascón López

    2017-07-01

    Full Text Available The incredible technological advances have found one of their most striking (and legally sensitive manifestations in the resized capacity control by the employer regarding the provision of services performed by employees. Art. 20.3 of the Spanish Workers’ Statute (WS designated to set the limits of action in this matter, only diffusely refers to human dignity, without the legislator proceeding to update a pre-informative precept.In this context, case law (both of the Constitutional Court and of the Supreme Court has been responsible for assuming quasi-legislative work and proceeds to exaggerate the limits of corporate monitoring power when they collide (real or potential with the nonspecific fundamental rights (to privacy –Art. 18.1 of the Spanish Constitution (SC–, communications secrecy –Art. 18.3 SC– or to the informational self-determination –Art.18.4 SC– of employees. The present article aims, based on the analysis of the doctrines used by the high national courts in statements, whether classic or recent (proportionality of corporate measure, expectation of privacy, and informational self-determination of the employee, to build a synthesis rule that allows us to better shape the limits of corporate monitoring power through the use of new technologies. Over time, the main procedural problems raised by this issue are discovered.

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

    Science.gov (United States)

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

    1993-10-01

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

  2. Tracking the Market Performance of Companies That Integrate a Culture of Health and Safety: An Assessment of Corporate Health Achievement Award Applicants.

    Science.gov (United States)

    Fabius, Raymond; Loeppke, Ronald R; Hohn, Todd; Fabius, Dan; Eisenberg, Barry; Konicki, Doris L; Larson, Paul

    2016-01-01

    The aim of this study was to assess the hypothesis that stock market performance of companies achieving high scores on either health or safety in the Corporate Health Achievement Award (CHAA) process will be superior to average index performance. The stock market performance of portfolios of CHAA winners was examined under six different scenarios using simulation and past market performance in tests of association framed to inform the investor community. CHAA portfolios out-performed the S&P average on all tests. This study adds to the growing evidence that a healthy and safe workforce correlates with a company's performance and its ability to provide positive returns to shareholders. It advances the idea that a proven set of health and safety metrics based on the CHAA evaluation process merits inclusion with existing measures for market valuation.

  3. Business Alliances between Japanese and Taiwanese Companies

    OpenAIRE

    シンポ, ヒロヒコ; Hirohiko, Shimpo

    2012-01-01

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

  4. Rise in legal skirmishes and intellectual property protectionism force companies to re-examine technology policy

    Energy Technology Data Exchange (ETDEWEB)

    Smith, M.

    2006-12-15

    The possession of intellectual property (IP) has become an important part of a technologically advanced oil and gas industry. Firms that specialize in IP law are now aiding oil and gas companies to establish company-wide IP policies to protect their inventions and properly profit from them. However, many companies do not have a clear policy to report on the commercial value of their IP assets or keep track of efforts made to gain value from them. A patent policy could require that patents be applied for only when the scientific merits and the business merits justify the allocation of personnel and financial resources. Patent disputes can be expensive and have led some companies into financial difficulties. Companies who have not successfully defended their patents may fall victim to patent trolls, who search for un-enforced patents in order to force companies to pay for licence fees or damage awards for the patents that they acquire. Anecdotal evidence suggests that licensing is becoming an important means of generating revenue from process innovations. Petrobank Energy and Resources Ltd. has formed its own research and development company to protect patents for its proprietary toe-to-heel air injection (THAI) oilsands recovery process, and has established a patent cooperation treaty, where patents are filed in various countries in a single procedure. However, many oil and gas companies insist that some new technologies are better protected as trade secrets. To secure a patent, a company must publicly disclose all aspects of an invention. Trade secrets are an option where secrecy can be maintained after commercialization. Unlike patent protection, which expires after 20 years, trade secrets can last indefinitely, as long as the secret is not publicly disclosed or independently developed by a competitor. While patenting may offer a competitive lead-time for some companies, many industry officials prefer to focus on using their innovations in the field. The oil and

  5. Web 2.0 Technologies in Companies: Attitudes of B&H Managers

    Directory of Open Access Journals (Sweden)

    Mirela Mabić

    2017-03-01

    Full Text Available Objective of the study was to investigate what managers think about the impact of Web 2.0 technologies on business operations. The empirical research was conducted among top and middle managers in companies in Bosnia and Herzegovina during May and June 2015. The results show that, although all respondents do not use these technologies, they have a relatively positive opinion on the application of Web 2.0 technologies in business. According to their opinion, Web 2.0 technologies make the most important contribution to data and information sharing in company and have a significant impact on the quality of communication, both internal and external. These results encourage further research on the application of Web 2.0 technologies in business and the use of all the advantages and benefits they can provide to someone actively using them.

  6. Analysis of the relationship between social and environmental investment and inclusion of companies in corporate sustainability index of BM&FBOVESPA

    Directory of Open Access Journals (Sweden)

    Márcio André Veras Machado

    2012-04-01

    Full Text Available DOI: http://dx.doi.org/10.5007/2175-8077.2012v14n32p141 This paper aims to investigate the relationship between social and environmental investments and the inclusion of companies in the Corporate Sustainability Index of BM&FBOVESPA, by applying logistic regression. For this, we analyzed information relating to internal and external social and environmental investments, from the social balance of companies.The sample consisted of companies eligible for inclusion in the portfolio ISE in the period of December 2009 to December 2010. According to the results, we can conclude that there is a relationship between environmental investments and entry of firms in the portfolio ISE of BM&FBOVESPA, showing that investment made and evidenced in social and environmental issues is a sign of real commitment to social responsibility and sustainability and not simply a form of accountability of the funds invested. As the variables used, internal social investment (II, External (IE and environmental (IA, we found that IE is the best proxy to explain this relationship. In other words, the results suggest that companies that invest resources in favor of community, either voluntarily or through taxes, which is or should be a resource applied in society, has more chances of entering the ISE portfolio composition.

  7. Translational science by public biotechnology companies in the IPO "class of 2000": the impact of technological maturity.

    Science.gov (United States)

    McNamee, Laura; Ledley, Fred

    2013-01-01

    The biotechnology industry plays a central role in the translation of nascent biomedical science into both products that offer material health benefits and creating capital growth. This study examines the relationship between the maturity of technologies in a characteristic life cycle and value creation by biotechnology companies. We examined the core technology, product development pipelines, and capitalization for a cohort of biotechnology companies that completed an IPO in 2000. Each of these companies was well financed and had core technologies on the leading edge of biological science. We found that companies with the least mature technologies had significantly higher valuations at IPO, but failed to develop products based on these technologies over the ensuing decade, and created less capital growth than companies with more mature technologies at IPO. The observation that this cohort of recently public biotechnology companies was not effective in creating value from nascent science suggests the need for new, evidence-based business strategies for translational science.

  8. Communication of corporate responsibility measures as pictured by the practice of communication of the climate protection engagement of German and Australian energy companies; Die Kommunikation von Corporate Responsibility-Massnahmen dargestellt an der Praxis der Kommunikation des Klimaschutz-Engagements deutscher und australischer Energieunternehmen

    Energy Technology Data Exchange (ETDEWEB)

    Riechmann, Christian

    2013-06-01

    In his assessment of the CSR communication practices (CSR - corporate social responsibility) the author of the book under consideration reports on a conflictual field of action for the takeover of social responsibility which is discussed highly controversial in the public. The realization of the idea of climate protection in their corporate strategies by large energy companies is discussed. Politics and society see a special responsibility for climate protection in such energy companies which may influence the market by means of active corporate actions due to their size or business segments.

  9. THE EFFECTS OF EARNINGS MANAGEMENT ON ACCOUNTING CONSERVATISM MODERATED BY CORPORATE GOVERNANCE MECHANISM (STUDY OF MANUFACTURING COMPANIES LISTEDON INDONESIA STOCK EXCHANGEIN 2008 – 2010

    Directory of Open Access Journals (Sweden)

    AMMAR AL ASYARI

    2013-07-01

    Full Text Available This study aimsto examine earnings management by companies manufacturing in Indonesia affect the choice of managers to implement aconservative accounting policy. With corporate governance mechanisms in influencing the relationship of Earning Management on Accounting Conservatism. Methods of analysis using multiple linear regression analysis with one independent variable, one dependent variable and two variables moderation. Corporate governance mechanismuses two characteristics as moderating variables, managerial ownership and board of commissioners. Size using the accrua lconservatism, according to those used by Givolyand Hayn (2002 and discretionary accruals as aproxy for earnings management is computed using the Modified Jones Model (Dechow etal., 1995. By using the purposive sampling method, the sample in this research consists of 23 manufacturing companies that listed on Indonesia Stock Exchange in 2008 – 2010. This research use secondary data which is collected from the firm’s annual report and financial statements. The result of this research shows that simultaneously, earning management, managerial ownership, and board of commissioners influence accounting conservatism. Partially, only earning management that significantly influences accounting conservatism. While managerial ownership and board of commissioners do not significantly influence the relationship of Earning Management on Accounting Conservatism.

  10. Can Entrepreneurial Thinking Help Innovation in Established Mature Technology Corporations? An Exploratory Study in a Power Sector Multinational Firm

    OpenAIRE

    Weber, Thomas Karl-Heinz

    2012-01-01

    Just like nature, also technologies and industries, products and companies go through life cycles -- from 'birth' through maturity to 'death'. Innovativeness gives birth to new technologies and products, and innovation is written on the (business) storybook of many entrepreneurial undertakings and ventures. Those again appear habitually as starting or turning points in company and industry pedigrees. Further down the road, companies achieve maturity by managing consistently production and del...

  11. Do Consumers Expect Companies To Be Socially Responsible? The Impact of Corporate Social Responsibility on Buying Behavior.

    Science.gov (United States)

    Mohr, Lois A.; Webb, Deborah J.; Harris, Katherine E.

    2001-01-01

    Interviews with 48 consumers found that they desired moderate to high levels of corporate social responsibility (CSR). Precontemplators (n=16) did not base purchasing on CSR and contemplators (n=11) only moderately. The action group (n=8) had stronger beliefs about CSR but did not always purchase accordingly. Maintainers (n=9) practiced socially…

  12. Designing Email Messages for Corporate Readers: A Case Study of Effective and Ineffective Rhetorical Strategies at a "Fortune" 100 Company

    Science.gov (United States)

    DeKay, Sam H.

    2010-01-01

    Within the last 12 years, email has emerged as the most commonly used form of written communication in the corporate workplace. Several factors have contributed to the widespread use of email. This form of communication is generally rapid, is more economical than distributing or mailing printed documents, and permits simultaneous communication…

  13. Effective use of solar and biogas energy technology in companies

    Energy Technology Data Exchange (ETDEWEB)

    Duerr-Pucher, J. [Clean Energy, Radolfzell (Germany)

    2006-07-01

    Summary: In Germany and Europe the use of biogas and solar energy technology in enterprises is still in its infancy. The high growth rate of biogas and solar energy power is due to investments made by private households and agriculture. For medium-sized enterprises and large-scale enterprises the investment conditions obviously are not attractive enough, with one exception: enterprises that are manufacturing solar installations and offer, as a second pillar, concepts for their economical operation. Since the amendment of the EEG the demand for biogas installations considerably increased - exclusively in the agricultural sector. Enterprises from the food and beverage sector for instance only slowly discover this market. In the photovoltaic sector the situation is quite different. A real boom started 1998 in Germany. Main investors are farmers just as in the biogas area because their houses often have large roof surfaces and they can purchase via special associations large quantities of solar modules. The second important factor is the demand of ecologically oriented private households for small installations. Very seldom it is possible to motivate enterprises to equip the roofs of their plants with photovoltaic cells. It depends on the ecological orientation of enterprises and on communicative aspects. An early example is Mercedes-Benz. In 1995, world's largest photovoltaic solar power plant was installed in Untertuerkheim. Currently there are only a few industrial solar thermal model projects. In 2006, a medium-sized brewery has set up world's first 'solar' brewing plant. Contrary to the photovoltaic sector manufacturers of solar thermal systems must at first develop sustainable concepts. In contrast to the EEG (Renewable Energy Sources Act) for electricity generation there is no legal basis for solar thermal systems. Many European countries (Spain, Italy, Greece) have adopted regulations similarly to EEG. An expansion of the use of regenerative

  14. STRATEGICAL ALIGNMENT OF THE INFORMATION TECHNOLOGY TO SMALL SOFTWARE’S COMPANY BUSINESS

    Directory of Open Access Journals (Sweden)

    Érika Suzuki

    2006-06-01

    Full Text Available Currently with the technological innovations, the high investment of the companies with the modernization, the search for intelligent solutions, the high competitiveness of the market in general, they together are the tools, solutions and products required by companies that want to stand out in the competitive market, however, the fast adoption of these solutions could cause a disordered growth of sectors, purchases and acquisitions of unnecessary resources, on the other hand, with a strategical planning the majority of these problems could be eliminated. Small software’s companies have great difficulty in adopting a methodology that can be applied to its reality. Following this point of view, the present paper proposes a model that offers a pratical strategical planning to companies that focus the Information Technology in a simplified and understandable way, making visible the benefits, problems, solutions and the learning that a strategical planning can offer, considering also aspects such as cost, time and formalization degree was important, because the biggest problems to small software companies are their small budget to implement a strategical planning and their expectation for a short answer time. Key-words: Planning, alignment, information technology.

  15. An Inverse Problem Study: Credit Risk Ratings as a Determinant of Corporate Governance and Capital Structure in Emerging Markets: Evidence from Chinese Listed Companies

    Directory of Open Access Journals (Sweden)

    ManYing Kang

    2017-11-01

    Full Text Available Credit risk rating is shown to be a relevant determinant in order to estimate good corporate governance and to self-optimize capital structure. The conclusion is argued from a study on a selected (and justified sample of (182 companies listed on the Shanghai Stock Exchange (SHSE and the Shenzhen Stock Exchange (SZSE and which use the same Shanghai Brilliance Credit Rating & Investors Service Company (SBCR assessment criteria, for their credit ratings, from 2010 to 2015. Practically, 3 debt ratios are examined in terms of 11 characteristic variables. Moreover, any relationship between credit rating and corporate governance can be thought to be an interesting finding. The relationship we find between credit rating and leverage is not as evident as that found by other researchers for different countries; it is significantly positively related to the outside director, firm size, tangible assets and firm age, and CEO and chairman office plurality. However, leverage is found to be negatively correlated with board size, profitability, growth opportunity, and non-debt tax shield. Credit rating is positively associated with leverage, but in a less significant way. CEO-Board chairship duality is insignificantly related to leverage. The non-debt tax shield is significantly correlated with leverage. The correlation coefficient between CEO duality and auditor is positive but weakly significant, but seems not consistent with expectations. Finally, profitability cause could be regarded as an interesting finding. Indeed, there is an inverse correlation between profitability and total debt (Notice that the result supports the pecking order theory. In conclusion, it appears that credit rating has less effect on the so listed large Chinese companies than in other countries. Nevertheless, the perspective of assessing credit risk rating by relevant agencies is indubitably a recommended time dependent leverage determinant.

  16. SOURCE CHARACTERIZATION AND CONTROL TECHNOLOGY ASSESSMENT OF METHYLENE CHLORIDE EMISSIONS FROM EASTMAN KODAK COMPANY, ROCHESTER, NY

    Science.gov (United States)

    The report gives results of an assessment of potential control technologies for methylene chloride (also known as dichloromethane or DCM) emission sources at Eastman Kodak Company's Kodak Park facility in Rochester, NY. DCM is a solvent used by Kodak in the manufacture of cellulo...

  17. The choice of strategic alternatives under increasing regulation in high technology companies.

    Science.gov (United States)

    Birnbaum, P H

    1984-09-01

    The strategic response of U.S. high technology companies in the medical X-ray manufacturing industry to increased governmental regulations from 1962 to 1977 is examined. Results suggest that regulations increase consumer and competitor uncertainty, with the consequence that firms select less risky strategies and decrease the riskier new product invention strategy. Larger firms reduce inventions less than smaller firms.

  18. Financial Support and Challenges for Educational Technology Companies: Then, Now, and Looking Ahead

    Science.gov (United States)

    Billings, Karen J.; Blaschke, Charles L.

    2016-01-01

    The authors review past and current funding/support for U.S. K-12 educational technology companies. They review both who provided the funding for product development and the reasons why. They look back to the 1960s and 1970s, when federal government agencies helped produce computer-based materials, then how the schools' access to technology…

  19. Formation of Marketing Activity on Organisation and Support of a Corporate Site of Companies That Operate in the Consumer Market

    Directory of Open Access Journals (Sweden)

    Yarym-Agayev Oleksandr M.

    2014-03-01

    Full Text Available The article considers main issues of organisation of Internet marketing at small and medium enterprises of Ukraine, shows a necessity of development and marketing support of the site and provides recommendations on development, implementation and maintenance of corporate sites for marketing and advertising managers. The article considers such directions of operation with the site as analysis of sites of competitors, development of a corporate site, information provision of the site, site indexation and its promotion in search engines, placing site links at information portals, creation of pages in social networks, work at forums, information mailings, operation with site analytics and ensuring feedback with the site visitors. The listed recommendations would allow increase the site image, attract new clients, organise efficient co-operation with specialists on development and promotion of the site and achieve the maximal effect from this source of advertisement and sales.

  20. Corporate level strategic analysis and choice as a measure of achieving performance in organizations: (a survey of Dangote groups of companies/conglomerates quoted on Nigeria stock exchange market

    Directory of Open Access Journals (Sweden)

    Sev Joseph Teryima

    2014-07-01

    Full Text Available The objective of the research is to establish the factors that are responsible to organizational growth level in Dangote group of companies. These factors ranges from market share growth, sales volume growth (turnover, profitability, competitive advantage and share capital size amongst others. Corporate level strategic analysis and choice was adopted with specific emphasis on Boston Consulting Group (BCG matrix – portfolio analysis. Four (4 companies from Dangote conglomerate quoted on the Nigerian Stock Exchange market namely; Dangote Cement Plc, Dangote Flour Plc, Dangote Sugar Refinery Company Plc and National Salt Company of Nigeria Plc were surveyed with a population size of 5060. The sample size survey was 371. 209 respondents from Dangote Cement Company Plc, 75 respondents from Dangote Flour Mill Plc, 48 respondents from Dangote Sugar Refinery Company Plc and 39 respondents from National Salt Company Plc using judgmental and convenience sampling technique. The Quasi-experimental survey technique especially the cross-sectional design method was adopted. The Friedman Ranking test was carried out in testing the formulated hypothesis. The test of the result revealed that there is a relationship between organizational factors such as market share growth, sales volume growth (turnover, profitability growth, effective strategy application, competitive advantage and share capital size and organizational growth in the Dangote Cement Company Plc and Dangote Flour Mills Plc with a 0.425 and 0.360 strength of association respectively and the hypothesis was rejected while for Dangote Sugar Refinery Company Plc and National Salt Company of Nigeria Plc, that was not the case and the hypothesis was accepted that organizational factors such as market share, sales volume (turnover, profitability growth, effective strategy application, competitive advantage and share capital growth does not influence organizational growth hence their hypothesis were

  1. DIAGNOSTIC AND PROPOSAL OF IMPROVEMENT FOR THE INNOVATION MANAGEMENT IN A TECHNOLOGICAL COMPANY

    Directory of Open Access Journals (Sweden)

    Rossetti, Germán

    2017-12-01

    Full Text Available The Innovation Management is defined as the process oriented to organize and lead available resources, both technical and economic, with the objective of increasing the creation of new products, processes, knowledge and their application in the structure of the company. Nowadays companies are immersed in a globalized world, where competition is higher, which implies their growing interest in innovating, developing and improving their products or services to take a leading position in the market. Therefore, it is essential to be at the vanguard of current needs and to use certain tools that help to offer better products or services, and to obtain higher benefits, economic and social, technological, prestige, among others. In this paper a diagnostic and proposal of improvement for the Innovation Management in a technology-based company, located in the province of Santa Fe, Argentina, is made. For this, a methodology that allows to evaluate the capacity to innovate of the company is applied. As a main conclusion, it can be said that the diagnostic and proposal of improvement provided to the company is the starting point to ensure a successful and continuous innovation management.

  2. REORGANIZATION OF THE TECHNOLOGICAL FLOW AT CLOTHING COMPANY THROUGH THE PRODUCTION SCHEDULE

    Directory of Open Access Journals (Sweden)

    GHELBET Angela

    2017-05-01

    Full Text Available One of the main difficulties that light industry, namely clothing manufacturing sector faces today is inadequate organization of production processes. This is one of the most common and most serious obstacles in companies in the country, leading to low productivity. In order to reveal the causes of the problem and to develop solutions for change, it is proposed to conduct a study of a company facing difficulties in organizing the production process. It is important that the method/tool applied for the study is able to solve the problems occurring in the production process with minimum effort and maximum efficiency. The study was conducted within the process of manufacturing of a model of special clothing, namely clothing for doctors. The study was conducted within February-March 2016 at a clothing company of the Republic of Moldova. The study conducted shows that the transport issue in the technological flow can be solved by applying the production schedule, which eventually increases labor productivity by eliminating the time necessary to transport the labor object from one place of work to another, leading to economic growth considerable for the company. Following the assessments referring to the proposed improvements to organize the technological flow, there should be a 20% reduction in manufacturing time of a product, which will directly increase the revenue of the company by at least 10%.

  3. STUDY ABOUT A FURNITURE COMPANY THAT USES NEW TECHNOLOGIES AND COMPUTERIZED EQUIPMENT

    Directory of Open Access Journals (Sweden)

    PUSTIANU Monica

    2015-05-01

    Full Text Available In Romania, there are companies that uses new technologies and computerized equipment leading to obtaining high quality products and profit. Furniture industry has continuously developed due to high demand for diversified products for all age groups. Romanian goods shall be delivered both in the country and abroad. The tapestries furniture made in our country, classical or modern, by leather in different colours or with textile coating materials fashionable chosen is already enjoying much attention from the external and internal customers. The workforce employed in the furniture manufacturing industry is qualified, managed to shape the wood into complex and elegant products that are able to give full satisfaction to all consumers SWOT analysis is defined as a complex research of economic aspects, technical, sociological, legal and managerial aspects that characterize the activity of a company and allows the formulation of an opinion on the past and present condition of the company. SWOT analysis may be carried out both at the level of functional areas of the company: financial, commercial, production, human resources, research and development, management and at the level of firm as a whole. By this analysis was obtained a clear picture of the current state of the analysed company, helping to knowledge and understanding of the general context in which the company operates. Key words: quality, furniture, management, production, analysis, SWOT

  4. DIFFICULTIES ENCOUNTERED IN ISO 9001:2008 IMPLEMENTATION PROJECTS IN INCUBATED TECHNOLOGY-BASED COMPANIES

    Directory of Open Access Journals (Sweden)

    Eduardo Gome Salgado

    2014-09-01

    Full Text Available Quality Management Systems (QMS are designed to continuously improve the performance of organizations aiming to constantly improve their services seeking to overcome their results. Thus, for the services and/or products offered to transmit confidence and credibility, they should be designed within appropriate norms and standards. This research aims to assess the difficulties encountered by the incubated companies participating in the PRIME-FINEP project and developing projects for certification of their QMS in accordance with ISO 9001:2008. An exploratory survey was performed in nine incubated technology-based companies (TBC, through a questionnaire with 21 questions totaling the opinion of 20 respondents. After analyzing the data it is concluded, with statistical meaning, that the TBC's with little incubation time present difficulties in implementing the quality policy (5.3, difficulty not identified in other studies conducted in large companies. However difficulties similar to those of the large companies are present in the incubated TBC, and are the following: documentation requirements (4.2 present in all incubated companies (regardless of incubation time, and design and development (7.3 present in companies with little incubation time. The difficulty in implementing the quality policy (5.3 is reflected in the achievement of the QMS certification project in accordance with ISO 9001:2008.

  5. Investigating the Relationship between Corporate Reputation and Customer Behavioral Intentions through Roles of Customer Trust, Customer Commitment and Customer Recognition (Case Study: Iran Insurance Company in Iran, Isfahan City)

    OpenAIRE

    Fariddeddin Allameh Haery; Hassan Ghorbani; Bahram Zamani

    2014-01-01

    Current study entitled "Investigating therelationship between corporate reputation and customer behavioral intentions through roles of customer trust, customer commitment and customer recognition" investigates the role of corporate reputation in purchase intention and tendency to pay premiums regarding variables such as trust, commitment and recognition of customers of Iran Insurance Company in Iran, Isfahan city. In this study regarding the proposed model there is a main hypothesis (which in...

  6. USING THE CONCEPT OF CORPORATE SOCIAL RESPONSIBILITY IN COMPANIES WITH THE STATE TREASURY BASING ON PORT OF GDYNIA AUTHORITY SA

    Directory of Open Access Journals (Sweden)

    Agata Kaszuba

    2014-06-01

    Full Text Available The purpose of the article is to show the importance of CSR in companies with the State Treasury. It can be assumed that these companies should as the first obligatory re-porting of CSR activities, and therefore constitute a specific group of companies. Also as an example, selected in this article - Port of Gdynia Authority SA (PGA SA - due to its activity at the interface of social and economic interests with a strong focus on environ-mental protection, should be highly predisposed to the use CSR. The article identifies ar-eas in which the PGA SA implements CSR and what the barriers and needs associated with it are.

  7. Standardising the Information Technology Environment at Telstra Corporation: a case study

    Directory of Open Access Journals (Sweden)

    Carey Butler

    1997-05-01

    Full Text Available Telstra is Australia's leading telecommunications carrier and largest single user of information technology (IT. In November 1990, the Australian federal government announced wide-ranging reforms and the introduction of competition within the telecommunications sector. Realising that it was essential for the corporation to leverage its use of technology on a firm-wide basis in order to remain a strong and flexible competitor, in 1991, Telstra embarked upon a major overhaul of its existing IT infrastructure. Central to this was the establishment of standardised operating environments (SOE for all computing resources used at Telstra. This paper traces the development of Telstra's data network and desktop SOEs. The paper examines the strategic drivers for the SOEs, the business benefits, and issues related to Telstra's computing environment prior to, and after the introduction of network and desktop SOEs.

  8. Clean coal technology project to Polk Power Station, Tampa Electric Company, Florida, Volume 1: Report

    International Nuclear Information System (INIS)

    1994-06-01

    Tampa Electric Company proposes to construct and operate a 1,150-MW power station in southwestern Polk County, Florida. The proposed Polk Power Station would require an EPA NPDES permit for a new source and would include a 260-MW IGCC unit as a DOE Clean Coal Technology demonstration project. This EIS document assesses the proposed project and alternatives with respect to environmental impacts. Mitigative measures are also evaluated for the preferred alternative. Included in this Volume I are the following: alternatives including Tampa Electric Companies proposed project (preferred alternative with DOE financial assistance); affected environment; environmental consequences of the alternatives

  9. Technological innovation capability in Malaysian-owned resource-based manufacturing companies: Early findings

    Science.gov (United States)

    Razali, Nur Fhathyhah; Mohd Suradi, Nur Riza; Ahmad Shahabuddin, Faridatul Azna; Ismail, Wan Rosmanira; Abidin, Norkisme Zainal; Ahmad, Nor Amalina; Mustafa, Zainol

    2013-04-01

    This study aims to identify the determinants of technological innovation capability of Malaysian-owned companies in the resources-based manufacturing, to identify the relationship between technological innovation capability (TIC) and technological innovation performance (TIP) for the resource-based manufacturing. Furthermore, this study also aims to identify innovation capability factors that need more emphasis and improvements from the respective authority. The scope of the study covers four industries which are petrochemical industries, pharmaceutical industries, palm oil-based industries and food processing industries which are located in the state of Selangor. Descriptive analysis, correlation analysis and performance capability analysis were used in this study. It was found that, technological innovation capabilities (TIC) for companies in the resource-based manufacturing are moderate. Factors such as policies capability, human resources capability and facilities capability have a positive relationship with the performance of technological innovation (TIP). These findings will help the government in making decisions and better implementation of policies to strengthen the competitiveness of the company, particularly in resource-based manufacturing.

  10. BRAZILIAN MULTINATIONAL COMPANIES: THE ROLE OF TECHNOLOGY IN THE CONQUEST OF THE EXTERNAL MARKET

    Directory of Open Access Journals (Sweden)

    Eva Stal

    2005-01-01

    Full Text Available The paper intends to show the importance of the internationalization process of companies from developing countries, which face global competition. Outside production stimulates the exports of raw materials, components and finished products, mainly in industrial sectors that produce differentiated goods of a higher technological content. Besides, the presence in more demanding markets facilitates the incorporation of new technologies and capacity building. Based on the behavioral and economical theories that explain the internationalization process of firms, a case study was conducted in Sabó, an autoparts manufacturer, and one of the few national firms that survived the liberalization process of the Brazilian economy, in 1990. This is explained by its innovative characteristics, which allows it to compete in the international market with the biggest companies in its sector. We conclude that, in the presence of a strong asset, like innovative technologies, the economical theories provide a better support for a successful internationalization process.

  11. The relationship between intellectual capital quality and corporate performance: An empirical study of Russian and European companies

    Directory of Open Access Journals (Sweden)

    Shakina Elena

    2012-01-01

    Full Text Available The purpose of this research is to develop cost-effectiveness tools for the analysis of company’s intellectual resources, in terms of resource-based and value-based approaches. Our study focuses on the evaluation of intellectual capital methods to discover the drivers of company growth. We suppose that the potential effectiveness of intellectual capital resources varies according to different institutional factors. Several statistical methods will be used for the empirical issues in this research, including common cross-sectional and panel data analysis, and the instrumental variables method. The database collected for this purpose will consist of financial and economic indicators underlying the intellectual capital evaluation, such as strategic performance indicators (EVA© and FGV©. The dataset includes companies from different countries and industries according to the Knowledge Economy Index of the World Bank. The industries presented in the dataset are selected according to the predominance of several intellectual capital elements. The database includes financial services, wholesale and retail trade, machinery and equipment manufacture, the chemical industry, and transport and communications. As a result of the empirical research, we expect to answer the following questions: • Is there a close relationship between intellectual capital quality and company performance? • What are the external and internal factors affecting this relationship? (country, industry, company size, market dynamics, etc.

  12. Medical technology companies broaden role to support the financial success of clinics.

    Science.gov (United States)

    Johansson, Soren

    2003-01-01

    Market challenges continue to mount for hospitals and clinics, causing an unparalleled focus on profitability and return on investment for services. To support these challenges, technology suppliers that were once content to deliver and install equipment have become partners with the institutions they serve. Savvy technology companies are offering an extensive array of services that assist facilities in the planning, cost justification, implementation and ongoing support of their technology. The result is a marriage of progress and profit, resulting in solutions that enhance both the quality of care and the bottom line.

  13. Perspectives on Technology Transfer Strategies of Korean Companies in Point of Resource and Capability Based View

    Directory of Open Access Journals (Sweden)

    Seung-Ho Park

    2011-03-01

    The approach of this research is unique in that it examines a sample comprising of licensing-in and technological cooperation variables, categorizes forms according to industry, and looks at such unique variables as a "process" (the ratio of CEO's and related-person's stocks. The data on 361 Korean firms was gathered from Korea's Data Analysis, Retrieval, and Transfer System and Worldwide Intellectual Property Search. Findings show that human, technology, and fixed assets are related positively to financial performance, and searching, absorbing, and openness capabilities as a control effect is related positively to a firm's increased sales ratio. Strategic plans for technology transfer companies are also included in this research.

  14. Applying Internet-based Technologies to Teaching Corporate Finance and Investments

    Directory of Open Access Journals (Sweden)

    Zhuoming “Joe” Peng, Ph.D.,

    2006-07-01

    Full Text Available Finance faculty are increasingly encouraged to use internet-based technologies in teaching. This paper examines students’ perceptions of finance faculty who use internet-based technologies and the impact on their learning experiences in undergraduate introductory corporate finance, investments, and MBA investments courses. The results suggest that offering all course materials online may enhance students’ learning experiences, however, the technologies may be best thought of as teaching tools. A better methodology for a finance course delivery may be that of in-classroom interactions between an instructor and the students while all the pertinent course materials are available online throughout the semester. There is a statistically significant difference between MBA (Master of Business Administration students and undergraduate business students in terms of their desire to use the internet for learning finance. Consistent with previous research, results indicate that it may not be common practice among faculty to use internet-based technologies, and that assistant professors tend to use technologies in teaching more often than their higher-ranked colleagues do.

  15. Development of molten carbonate fuel cell technology at M-C Power Corporation

    Energy Technology Data Exchange (ETDEWEB)

    Dilger, D. [M-C Power Corp., Burr Ridge, IL (United States)

    1996-04-01

    M-C Power Corporation was founded in 1987 with the mission to further develop and subsequently commercialize molten carbonate fuel cells (MCFC). The technology chosen for commercialization was initially developed by the Institute of Gas technology (IGT). At the center of this MCFC technology is the Internally Manifolded Heat EXchange (IMHEX) separator plate design. The IMHEX technology design provides several functions within one component assembly. These functions include integrating the gas manifold structure into the fuel cell stack, separating the fuel gas stream from the oxidant gas stream, providing the required electrical contact between cells to achieve desired power output, and removing excess heat generated in the electrochemical process. Development of this MCFC technology from lab-scale sizes too a commercial area size of 1m{sup 2} has focused our efforts an demonstrating feasibility and evolutionary progress. The development effort will culminate in a proof-of-concept- 250kW power plant demonstration in 1996. The remainder of our commercialization program focuses upon lowering the costs associated with the MCFC power plant system in low production volumes.

  16. Governança Corporativa e Beta de Empresas Listadas na BM&FBOVESPA = Corporate Governance and Beta of Listed Companies at BM&FBOVESPA

    Directory of Open Access Journals (Sweden)

    Roberto Bomgiovani Cazzari

    2015-12-01

    Full Text Available Este artigo busca estudar a relação entre o nível de governança corporativa e os betas das empresas. Se todos os investidores forem racionais, tal como prevê as premissas do modelo de precificação de ativos - CAPM, esses já estão trabalhando com carteiras de mínima variância, conforme demonstrou Markowitz (1952. Logo, o único risco a que todos estariam submetidos seria o sistêmico. Nessa visão, um risco idiossincrático, como o risco de má governança, já deveria ter sido diversificado na etapa anterior e não deveria estar diretamente relacionado ao beta de uma dada empresa, que inclui o risco da empresa ligado a aspectos sistêmicos. Porém Parigi, Pelizzon e von Thadden (2013 propuseram um modelo que incorporasse a governança corporativa ao CAPM. Diferentemente do visto pela clássica teoria do CAPM, referidos autores desenvolveram um modelo que prediz que a qualidade da governança das empresas se correlaciona positivamente com o beta e a volatilidade idiossincrática, porém negativamente com o retorno nos ativos. Para testar qual teoria possui melhor poder explicativo para o cenário brasileiro, testou-se a hipótese de independência entre o beta e a qualidade da governança corporativa de empresas listadas na BM&FBOVESPA. Os achados não mostraram que a qualidade da governança das empresas se relaciona positivamente com o beta, mas que são independentes. Isso parece ser um forte indício de que o beta, em cenário brasileiro, não reflete um risco idiossincrático como o risco de má governança, mas o risco sistêmico, o que o relaciona melhor à clássica teoria do CAPM.This paper aimed at studying the relationship between the level of corporate governance and the betas of the companies. If all investors are rational, as foreseen in the CAPM, they are already working with minimum variance portfolios, according to Markowitz (1952. Thus, the only risk that everyone would be subjected to was the systemic risk

  17. Study on the Support Systems for Corporate Governance

    Directory of Open Access Journals (Sweden)

    Claudiu BRANDAS

    2011-01-01

    Full Text Available The problems generated by the information asymmetry within the agency relationships at corporation level, governments and capital markets led to a higher necessity for corporate governance (CG. The information system of corporate governance is a very complex one, which involves a series of actors, decision-making and transactional processes, technologies, procedures and good practice codes. In order to ensure the efficiency and efficacy of corporate governance as a premise for increasing company’s performance and position consolidation for the company on the capital market, it is necessary to analyze the way information technology could contribute to this undertaking. The purpose of this study is to analyze the architecture of the corporate governance systems and to identify and classify the systems and technologies involved in ensuring CG support in order to underlie the basis for developing a conceptual model for a hybrid and collaborative support system for corporate governance.

  18. Benchmarking study of corporate research management and planning practices

    Science.gov (United States)

    McIrvine, Edward C.

    1992-05-01

    During 1983-84, Xerox Corporation was undergoing a change in corporate style through a process of training and altered behavior known as Leadership Through Quality. One tenet of Leadership Through Quality was benchmarking, a procedure whereby all units of the corporation were asked to compare their operation with the outside world. As a part of the first wave of benchmark studies, Xerox Corporate Research Group studied the processes of research management, technology transfer, and research planning in twelve American and Japanese companies. The approach taken was to separate `research yield' and `research productivity' (as defined by Richard Foster) and to seek information about how these companies sought to achieve high- quality results in these two parameters. The most significant findings include the influence of company culture, two different possible research missions (an innovation resource and an information resource), and the importance of systematic personal interaction between sources and targets of technology transfer.

  19. Knowledge Management in a Competitive Scenario of an Information Technology Company

    Directory of Open Access Journals (Sweden)

    Denise de Cuffa

    2015-06-01

    Full Text Available This research aimed at proposing a knowledge management plan to increase competitiveness in an information technology company. It used qualitative methodology based on a study case, which analyzed the context of internal and external environments in which Intelitech Company operates. The data collection was divided into three steps: (1 application of a questionnaire to the manager and Intelitech employees, which was composed of knowledge management practices (KMPs, aiming at obtaining previous practices from the company and therefore internal critical variables; (2 application of Rojo’s (2005 scenario simulation model in order to identify external critical variables; and (3 formulation of a proposal for KMPs improvements according to simulated scenarios and the internal and external critical variables previously identified. So, this research resulted in the development of an action plan for two scenarios: (C1 case scenario to expansion of the market, therefore the company could hire new employees and expand its physical structure o, enhance IT tools and ask for manager's flexibility towards a new culture; and (C2 also to observe an unfavorable scenario of restricted market, it would be necessary to build customers loyal order to use IT tools, as well as interact and communicate with them. Thus, it was concluded and confirmed the hypothesis that knowledge management can enhance competitiveness of an IT company.

  20. The Impact of External Relationships on the Growth of Young Technology Companies

    Directory of Open Access Journals (Sweden)

    Chris Justus

    2011-11-01

    Full Text Available Most management teams in young technology companies are aware that their success may depend on strong relationships with external organizations. However, it may not be clear to them which types of relationships are most likely to impact their growth. This article describes the author’s recent research to examine the relationship between the number and diversity of business relationships and the revenue growth of young companies. By examining data collected from 80 technology firms, and the 1943 relationships they established over a two-year period, certain types of relationships were found to have measurable impacts on growth. The article focuses on the managerial implications of these findings, which include the importance of early funding, niche identification, and building relationships with large firms.

  1. Role of oil service companies in developing human resources worldwide to implement new technology

    Energy Technology Data Exchange (ETDEWEB)

    Baird, D.E.; Bismuth, B.

    1983-01-01

    The role of specialized oil service companies in helping the oil industry develop the hydrocarbon resources of the world efficiently has increased over the last 20 yr. This trend is expected to continue as the complexity and variety of the techniques required increased. In order to provide a large range of services worldwide, the oil service industry has to be highly flexible and mobile. At the same time, successful implementation of these services requires a knowledge of and empathy with local conditions and cultures. The challenge will be to attract, train, and develop technical people from all corners of the globe to become part of the process of developing and implementing new technology. The involvement of the developing nations in the technical evolution of the oil service companies is perhaps the only long-lasting method of transferring these technologies.

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

    OpenAIRE

    Matti J. Haverila; Nicholas Ashill

    2014-01-01

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

  3. Corporate branding with the help of corporate real estate

    NARCIS (Netherlands)

    Appel - Meulenbroek, H.A.J.A.; Havermans, D.W.Q.; Kempen, van A.J.M.; Lundstrom, S.

    2009-01-01

    Nowadays, many companies try to attract customers by bundling all marketing efforts under a common corpo-rate brand to reflect the organization’s identity. The principle of corporate branding suggests that the corporate brand ought to be thoroughly embedded throughout the entire company in order to

  4. Navigating through technology: technology and the Dutch East India Company VOC in the eighteenth century

    NARCIS (Netherlands)

    de Jong, Johan

    2016-01-01

    For almost two centuries, the ships and the crews of the VOC navigated their way between the Dutch Republic and Asia. This could not have been achieved without the technology of ship design and ship building, the technology involved with keeping the crew healthy, and the technology of charting a

  5. Information technology companies with focus on sustainable economy: a case study

    Directory of Open Access Journals (Sweden)

    Robson da Silva Teixeira

    2016-01-01

    Full Text Available This article discusses how knowledge is used in sustainable economic development. The survey was drawn from the mapping of four companies that work with information technology, in order to qualitatively analyze the relevance of these enterprises in the economic scenario of the country and how they deal with the "product knowledge." The results showed the investment by all firms studied in the qualification of its workforce and managing the quality of their products and services. Finally, it is concluded that there is much room for information technology grow in Brazil, just invest in innovation.

  6. Corporate Social Responsibility Reporting: Differences among Selected EU Countries

    Directory of Open Access Journals (Sweden)

    Vukic Nikolina Markota

    2015-09-01

    Full Text Available Background: Greater transparency has become a relevant topic for companies around the world. Information and communication technologies revolution (ICT revolution has forced companies to become more transparent. With the intention of increasing companies’ transparency, the European Union (hereinafter: the EU has presented a new Accounting Directive 2013/34/EU which makes Corporate Social Reporting (hereinafter: CSR reporting mandatory for certain companies.

  7. Creating corporate advantage.

    Science.gov (United States)

    Collis, D J; Montgomery, C A

    1998-01-01

    What differentiates truly great corporate strategies from the merely adequate? How can executives at the corporate level create tangible advantage for their businesses that makes the whole more than the sum of the parts? This article presents a comprehensive framework for value creation in the multibusiness company. It addresses the most fundamental questions of corporate strategy: What businesses should a company be in? How should it coordinate activities across businesses? What role should the corporate office play? How should the corporation measure and control performance? Through detailed case studies of Tyco International, Sharp, the Newell Company, and Saatchi and Saatchi, the authors demonstrate that the answers to all those questions are driven largely by the nature of a company's special resources--its assets, skills, and capabilities. These range along a continuum from the highly specialized at one end to the very general at the other. A corporation's location on the continuum constrains the set of businesses it should compete in and limits its choices about the design of its organization. Applying the framework, the authors point out the common mistakes that result from misaligned corporate strategies. Companies mistakenly enter businesses based on similarities in products rather than the resources that contribute to competitive advantage in each business. Instead of tailoring organizational structures and systems to the needs of a particular strategy, they create plain-vanilla corporate offices and infrastructures. The company examples demonstrate that one size does not fit all. One can find great corporate strategies all along the continuum.

  8. Corporate Language and Corporate Talk

    DEFF Research Database (Denmark)

    Zølner, Mette

    2013-01-01

    The article presents the case studies of two Danish based multinational companies (MNCs) which provides the an insight into the role of languages in organizational learning. It mentions that the studies focus on the sharing of the understanding and practices among their employees across the geogr......The article presents the case studies of two Danish based multinational companies (MNCs) which provides the an insight into the role of languages in organizational learning. It mentions that the studies focus on the sharing of the understanding and practices among their employees across...... the geographical borders by the medium of common corporate values for knowledge management, collection of data and analysis in these studies inspired by approach of ground theory and presents a usefulness of distinguishing between corporate language and talks to enable the headquarters learning. Also it concludes...... that both of the MNCs are of Danish origin but executives of both companies are proficient in English language....

  9. I Evolution of Environmental Costs Discolsur: A Study in Cellulose and Paper Companies - Members of Corporate Sustainability Index - CSI

    Directory of Open Access Journals (Sweden)

    Daniel Fonseca

    2016-07-01

    Full Text Available This research aimed to analyse, in relation to previous studies, the evolution of classification and disclosure of environmental costs on cellulose and paper companies listed on the CSI. The research, of a descriptive, documentary and qualitative nature, was based on content analysis of financial statements, accompanying notes, management reports and sustainability reports in the fiscal years 2010 to 2014. The results indicate that companies show environmental costs mainly in a qualitative way and of the positive type. The most part of this information is contained in the sustainability report. As to the classification, the highlighted environmental costs are of these types, (a prevention costs; (b internal failure costs; (c indirect costs; (d internal costs; (e costs for contingencies; (f potentially hidden costs; (g image and relationship costs, though not by these names. These results demonstrate a change, compared to previous studies on the quality and quantity of disclosure of environmental costs. It is suggested for future research the broadening of samples for other organizational activity sectors, with the aim of possible understanding of the Brazilian environment.

  10. China general nuclear power corporation--The recent research and application of the modular technology in nuclear power engineering

    International Nuclear Information System (INIS)

    Lu Qinwu

    2014-01-01

    Modular design and construction is one of the distinctive features of the 3"r"d generation nuclear power technology. In order to promote the technological innovations in nuclear power engineering design and construction and develop the self-owned modular technology, China General Nuclear Power Corporation (CGN) has carried out the R and D and application of the modular technology based on the CPR1000-type nuclear power plants, and has made the national-level achievements in the establishment of modular design technology system, development of 3D modular design system and application of modular construction of containment steel liner in the demonstration projects. (author)

  11. Corporate communications and stakeholder management

    Directory of Open Access Journals (Sweden)

    Đorđević Mira

    2010-01-01

    Full Text Available Corporate communications represent a modern communications discipline used by businesses across the globe to communicate with key stakeholders. Chief executive officers and executive management teams strive to create, protect and advance corporate reputation through corporate communications. Further, by communicating with key stakeholders the company adequately prepares for good news and future problems. With the benefit of technology and greater transparency, corporations of the future will continue to use corporate communications approaches to advance their business. Company's reputation derives from the way stakeholders perceive the organization, how they think, feel or act towards it. It is therefore vital that organizations interested in developing and building their reputational capital; pay careful attention to the way they are perceived and that they manage the relationships with their various stakeholders like a strategic resource. Stakeholders represent both opportunity and threat for the organizations. For instance, if an institution has a good reputation with stakeholders they may provide the organization more latitude to operate. On the other hand a poor reputation may result in creating the legislative that can make it more difficult for an institution to operate.

  12. Innovative activity of high-technology companies as assessment and forecasting object

    Directory of Open Access Journals (Sweden)

    A. E. Sklyarov

    2016-01-01

    Full Text Available Innovation activities, as well as innovations, are closely related meanings, and like many others economical definitions, have a broad range of meanings. Main characteristics and attributes of innovation involves new or significantly improved product, that’s being used, or in other words, found its application, and innovative activities – activities focused on realization of innovations. In this article, innovations are mainly considered in terms of high-technology production, evidence from Russian space industry. There are 5 basic stages of lifecycle of innovative project in considered industry: initiation, development, realization, expansion, consumption. Practically, third or fourth, or even both of these stages, often missing because there is no need of them. R&D activities, or even further serial production, based on previous developments, is an innovation activity, because these activities are stages of innovative projects lifecycle itself. Then it seems legit, to draw a conclusion, that in terms of high-technology production, company’s primary activity equals innovative activity. Basic characteristics of innovative activity of high-technology companies as assessment and forecasting object involves high level of uncertainty at every stage of projects lifecycle, high dependency on funding level of this activity, and high level and erratic structure of risk. All the above mentioned, means that assessment and forecasting of innovative activity of high-technology companies, needs development of its own methodological tools for each industry.

  13. Technological innovation and sustainable development: The experience of Italian companies; Innovazione tecnologica e sviluppo sostenibile: le esperienze delle imprese italiane

    Energy Technology Data Exchange (ETDEWEB)

    Malaman, R. [Istituto per la Ricerca Sociale, Milan (Italy)]|[Fondazione Eni Enrico Mattei, Milan (Italy)

    1995-12-01

    Nearly 200 case studies of cleaner innovation technologies developed or adopted by Italian companies have been analysed after the building of an appropriate database. The article summarises the results of this analysis. Initially, the concept of cleaner technologies is introduced, and theoretical aspects related to generation and diffusion of cleaner technologies are discussed, including obstacles to the development, technological opportunities, market demand and appropriate conditions. Then, some features of cleaner innovative technologies are analysed from the database: localisation, size and sectorial distribution of innovative companies. evolutive stage of companies behaviour, the role of environmental policy, the capabilities of the national innovative system, the distribution of change technologies according to Pavitt`s tassonomy. The final paragraph includes some reflection on the use of innovation policy to promote cleaner innovative technologies.

  14. Relationships between environmentally sound technologies and competitiveness of companies in the value chain of printed paper from forest to market

    Energy Technology Data Exchange (ETDEWEB)

    Perkioe, S.

    2007-07-01

    Technologies play a well-known role in creating competitive advantages for companies as well as in controlling environmental impacts. This study deals with the relationship between environmentally sound technologies and the competitiveness of companies in the value chain of printed paper from forest to market. These connections are important to understand, because the technology is an important solution in facing environmental requirements. This study answers the following five questions: Which environmentally sound technologies are the most important for environmental impacts in the value chain of printed paper? How do they impact on the competitiveness of companies? How do these technologies differ across the value chain. Do they impact on competitiveness of companies in the other part of the value chain? The fifth research question involves studying differences between function mechanisms of pollution-prevention technology and pollution-abatement technology in facing legal requirements. This is studied as a part of the so-called 'Porter Hypothesis'. A term, environmental value creation, has been defined as 'performing activities by managing environmental aspects so that the value of goods and services to consumers or to customers increases.' Data was collected from the value chain of printed paper and were divided into the following parts: forest harvesting, pulp mill, paper mill and printing house. Eight experts were interviewed resulting in 69 environmentally sound technologies during the time periods 1980-1999 and 2000-2019. The data was analysed by non-parametrical statistical tests. As a result of this study, automation, measurement and information technologies, closing-up technologies and energy technologies were found to be the most important for environmental impacts and frequently mentioned responses of environmentally sound technologies in the value chain of printed paper. The cost factors of raw material and staff and

  15. The Ability to Assimilate Technology as a Source of Competitive Advantage of Financial Companies in Poland

    Directory of Open Access Journals (Sweden)

    Glabiszewski Waldemar

    2016-12-01

    Full Text Available This article is empirical in nature and attempts to assess the impact of ability to assimilate newly acquired technologies by financial companies operating in Poland gaining market competitive advantages. The outcome of the research conducted proved the existence of this relationship and found it be strong. This means that the development of these abilities within the absorptive potential of financial companies should trigger a significant increase in the market competitive advantages held by them. The strong impact was identified both in the total of the analyzed personnel and general-organizational components of the assimilation abilities. As regards elementary components of the analyzed potential, the obtained results are definitely more diverse.

  16. Technological Development in Automotive Industry and Transformation in Corporate Governance System

    Directory of Open Access Journals (Sweden)

    Kazuyuki Shimizu

    2017-10-01

    Full Text Available This study aims to understand how governance change is triggered by cybernetics issues, such as the development of automotive navigation systems in German, Japanese and US automotive industry. Six points are discussed for the central question which are 1 GDP Trends for Manufacturing Activities, 2 Organizational Structure for Supply Chain Management (SCM, 3 Viewpoint related to Internet of Things (IoT usability, 4 National IoT planning, 5 Definition of IoT, 6 Developing Navigation Systems. At first, the trend in manufacturing activity reveals two different trends: a downward trend in Japan and the USA, and a stable trend in Germany. We see several possible reasons for this difference; first, the “smiling curve concept” is applied to visualize the difference. And the organizational structure of SCM is concerned such as “Keiretsu” in Japan, “Konzern” in Germany and the “Anglo-American” model. Then, this paper addresses how the unique organizational features of SCM might react to the technological developments in the automotive industry such as autonomous driving, which has shaken the core of the industry. For this gradual change, the IoT technology is necessary. IoT means the progress of certain embedded system, which adds a network function into it. The embedded system for automobile orientation on a map (hardware and software has to be upgraded with the network function. These technological developments could influence their corporate governance system. Then, the discussion matrix is formed for the six points, which are discussed in this paper and reveal the boundaries between Japan, Germany and the US. According to Beer, the societary maps (the cybernetic maps are required for this structural progress to find the right way to go. Finally, we think a dynamic industrial movement is ensured by keeping fair competition, which ensures diversity as well as technological development. It could be the last resort to protect our

  17. Successful Information Technology Outsourcing: A Case Study on How a U.S.-Based Company Achieves Success

    Science.gov (United States)

    Daluisio, Stephen C.

    2014-01-01

    In the late 1980s, the Eastman Kodak company initiated what would become one of the biggest trends in information technology (IT): outsourcing. IT outsourcing (ITO) allows a company to focus on the services that will differentiate it from its competitors and farm out nondifferentiating services. ITO has grown from the initial landmark effort at…

  18. Corporate social responsibility audit: Theoretical aspects

    Directory of Open Access Journals (Sweden)

    Artem Koldovskyi

    2015-08-01

    Full Text Available This paper puts a conceptual framework to outline research for corporate social responsibility (CSR audit based on the analysis of current CRS literature and audit models as implementation of CSR. It is intended to make clear the phenomena about the relationship between audit, implementation of business ethics principles and corporate governance. However, most studies do not take into account modify CSR audit. This paper reports part of a research we carried out on the theoretical interpretation of the corporate social responsibility audit. This paper examines the corporate social responsibility audit as a composition of four categories - management system audits, on-site audits, verbal probability expressions (VPE audits and technology audits. The paper concludes suggests to systematize multiple audits so that they can be conduct in three types of audits - environmental management audits covering in-house companies, environmental technology audits of products, and environmental audits of sites, including non-manufacturing sites and non-consolidated subsidiaries.

  19. Not invented here : managing corporate innovation in a new era

    NARCIS (Netherlands)

    Vrande, van de V.J.A.

    2007-01-01

    Not Invented here: Managing Corporate Innovation in a New Era External technology sourcing as a means to develop new businesses is taking a more central role in established companies. Acquiring new technologies from outside the firm which speeds up the innovation process and complements internal R&D

  20. Corporate Governance & Social Responsibility: : Challenges Regarding Accountability

    NARCIS (Netherlands)

    drs. Ewoud Jansen

    2012-01-01

    Corporate Social Responsibility affects Corporate Governance as it stretches the accountability of companies beyond its traditional boundaries. This however may conflict with the corporate objective of maximizing stockholder wealth. The paper provides an overview of various academic theories and