Journal of Corporate Governance, Insurance, and Risk Management最新文献

{"title":"Strategic Positioning of Emerging 5G Technology - Barriers and Perspectives","authors":"Anja Babić, Ernest Vlačić, Danijela Sokolic","doi":"10.56578/jcgirm060102","DOIUrl":"https://doi.org/10.56578/jcgirm060102","url":null,"abstract":"Since its introduction in the late seventies of the last century, mobile wireless communication has undergone significant stages of development, from analogue voice calls to nowadays latest state-of- the-art digital technology. The intense development of mobile communications networks, the increasing number of new types of mobile devices resulted in a large number of new applications being used and will increasingly be used in mobile connectivity and the expected growth of network traffic. The emerging and most promising one, the 5G technology, will probably not appear in the market until 2020 as a full scale commercial platform. 5G platform is expected to significantly improve customer service quality in the context of increased data volume in mobile networks and the growth of wireless devices with different services. In the near future, some of the main goals or requirements to be addressed by the 5G network are increased capacity, improved data transfer rates, reduced latency, and improved service quality. As per technological innovation theory taxonomy and strategic innovative positioning 5G technology is considered as game changer and disruptor. This paper displays how the global level key players, are preparing to introduce and boost the 5G network operability by using an inductive method, where broader EU arena with specific Croatian environment are used as a practitioners show cases.","PeriodicalId":404632,"journal":{"name":"Journal of Corporate Governance, Insurance, and Risk Management","volume":"3 20","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-04-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"113946367","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Innovative Supply Chain in Made-in-Italy System. The Case of Medium-Sized Firms","authors":"M. Marcone","doi":"10.56578/jcgirm060204","DOIUrl":"https://doi.org/10.56578/jcgirm060204","url":null,"abstract":"This paper aims to provide the empirical evidence of the interaction mechanism in the open innovation system with particular attention to aesthetic and rational innovation in an Italian creative sector. Factors including rapid technological development, the advent of innovative openness processes involving sub-sectors belonging to diversified supply chains, shorter product life cycles, more diversified and customized, demande and fierce marketing competition, make today’s business model increasingly unpredictable and risky. Building on relational based view, resource-based view and network analysis the purpose of this paper is to empirically explore the relationships among supply chain integration (SCI) and inter-company performance in global diversified supply chain. This is an exploratory study and the qualitative research method has been employed. This research has founded its context in the Italian knitwear sector which is part of the creative industries of the Italian fashion system. The data were collected through a series of semi-structured interviews with workers belonging to various areas of activity and with external actors such as yarn suppliers, buyers, institutional and non-institutional lenders. The purpose of this research is also to promote research methodological approaches to analyse different uncertainty scenarios for the future.","PeriodicalId":404632,"journal":{"name":"Journal of Corporate Governance, Insurance, and Risk Management","volume":"67 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-04-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115492222","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Competency Profile of Project Team Members – Interplay with Team Dynamics and Project Success","authors":"A. Juras","doi":"10.56578/jcgirm060202","DOIUrl":"https://doi.org/10.56578/jcgirm060202","url":null,"abstract":"In contemporary business environment, in which learning and knowledge are considered as the only sustainable competitive advantage of modern organizations, and there is a trend of growing reliance on project type of teams’ and organizations’ functioning, competencies of project team members are becoming more important than ever. By integrating competencies of fundamental managerial functions and competencies of project management’s knowledge areas, this paper investigates the nature of competency profile of project team members, as well as its main effects on project. Established competency profile of project team members is analyzed in relation to project team dynamics and project success. The mediating role of project team dynamics in the effect of competency profile of project team members on project success also investigated in the paper. Cross-sectoral empirical research was conducted during the spring of 2018, through which data from 83 project team members was collected via questionnaire. Collected data was enrolled and processed in SPSS 23.0, with addition of Hayes’ (2018) PROCESS Macro for SPSS - v3.2. Results obtained through descriptive, bivariate and multivariate analyses led to very interesting insights and inferences, especially when considering the cluster analysis’ and mediation effects’ results related to the interplay of project team members’ competency profile, project team dynamics and project success.","PeriodicalId":404632,"journal":{"name":"Journal of Corporate Governance, Insurance, and Risk Management","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-04-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132544016","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Resources and Destination Competitiveness Factors Important for Planning Sport Tourism Supply","authors":"I. Novak","doi":"10.56578/jcgirm060103","DOIUrl":"https://doi.org/10.56578/jcgirm060103","url":null,"abstract":"The aim of this paper is to determine resources and competitive factors of sport tourism suitable to tourism business circumstances. For this paper and according to accessible and processed sources, had not been found research that determine and treats concept of sport comprehensively, by the sub-areas of sport. Sport tourism in theory represents a selective form of tourism and should be based, in accordance with contemporary trends, on comparative competitiveness and sustainable development. Sustainable development includes a wide range of relevant platforms. These platforms influence the sustainable planning of sport tourism supply. The question is what are the resources and factors that are important for the planning of sport-tourism supply and fit into comparative competitiveness and sustainable development? The practical and theoretical purpose of this paper are the determination of resources and factors important for the planning and development of sport tourism in those destinations that want to develop this form of selective tourism. In these destinations such created supply of sports and recreational amenities and facilities should resulted with increase in consumption. Previously defined resources and factors should be the basis for the planning of the overall development of a particular destination and, consequently, for decision-making process on potential investment engagements. Such structural changes should also reflected on the structure of the supply and potentially define changes in the guests structure/profile and their demand or consumption. Thus, in this paper determined resources and factors, if applied, should affect directly or indirectly the planning and decisions development in each particular destination.","PeriodicalId":404632,"journal":{"name":"Journal of Corporate Governance, Insurance, and Risk Management","volume":"202 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-04-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128622380","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Contribution to the Methodology for Determining the Competitiveness of a Domestic Product (on Example of Geotextile)","authors":"I. Novak","doi":"10.56578/jcgirm060203","DOIUrl":"https://doi.org/10.56578/jcgirm060203","url":null,"abstract":"The idea of this paper is to align the business decision-making process with detected product competitiveness characteristics of the domestic company on the domestic market. For this paper was designed \"proposal of the operational steps of a simple market and product research methodology\", for the existing product in the existing market. These operational steps should be a small contribution for the development of rules and procedures for managing marketing functions in business activities. According to literature, for this paper available and explored, there is a room to research the impact of such procedures and rules in order to increase the selling efficiency of products in terms of detected market circumstances and comparative advantages. Therefore, an indicative question was set down for this paper: \"How much domestic product is competitive on the domestic market?\" Through an example of geotextile, the competitiveness of domestic products was investigated in compare with foreign products by determining certain characteristics that affect purchasing decisions. An analysis of the Croatian geotextile market was conducted, competitive products were compared and consumer preferences were explored when deciding on purchases. The research results indicate the necessity of applying, even simple, product and market research methodologies. Namely, the analysis of the results showed that the qualitative competitiveness of domestic products in relation to the foreign products is not satisfactory, the price is not the most important deciding factor and the domestic origin of the product as a decision making factor is not important.","PeriodicalId":404632,"journal":{"name":"Journal of Corporate Governance, Insurance, and Risk Management","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-04-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114387740","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Model of Using the Exhaustive Search Algorithm in Solving of Traveling Salesman Problem (TSP) on the Example of the Transport Network Optimization of Primorje-Gorski Kotar County (PGC)","authors":"Slavomir Vukmirovic, Z. Capko, A. Babic","doi":"10.56578/jcgirm060201","DOIUrl":"https://doi.org/10.56578/jcgirm060201","url":null,"abstract":"This paper considers and presents a model of the use of an exhaustive search algorithm in solving problems of a salesman on the example of the transportation network optimization of Primorsko Goranska County. By identifying the suboptimal solutions of transportation network, that enable insight into more transportation routes and can be significantly influenced by the reduction of transportation costs and creating increased opportunities for the carrier in the context of flexible designing the structure of the commodity flows, greater utilization of transport capacity, and thus achieve greater profit. In the analyzed example, transportation network of Primorje-Gorski Kotar County (PGC) is divided into two sets (segment): 1) a set of cities (nodes) that are located (placed) on the same traffic direction (transportation route) that represents the optimal transportation route, and 2) a set of cities (nodes) that connect through a variety of transport relationships and that are included in the calculation by using the exhaustive search algorithm. In the example are also defined nodes that are common to both the two sets and that are connecting by the virtual transportation route in the spreadsheet optimization model.","PeriodicalId":404632,"journal":{"name":"Journal of Corporate Governance, Insurance, and Risk Management","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-04-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116863518","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Adapting a Business Communication Course to Market Needs","authors":"D. Zelter","doi":"10.56578/jcgirm060101","DOIUrl":"https://doi.org/10.56578/jcgirm060101","url":null,"abstract":"This paper will represent a practical approach to re-designing course curriculum and syllabus in order to fit the needs of the job market. The course in question \"Business Communication\" is taught to 3rd year students in our Faculty of Economics and Business Administration, belonging to the Babeş-Bolyai University from Cluj-Napoca, Romania. The course has been in place for many years; however, lately, we have thought that changes are necessary. These changes are determined by the changing needs of the job market as more and more multinational companies have set up offices in our city. The paper will present the basis for these changes, i.e. how we identified the market needs (qualitative research: meetings/discussions with managers/recruiters from multinationals) and what improvements we intend to bring to the syllabus of the course in order to focus more on the skills employees need in their workplace. At the same time, we would like to show the correlation between business communication skills and language skills (the course is taught in 5 different languages) as they are seen both by students and potential employers (quantitative and qualitative research: survey and focus group) and how this correlation could fit into the new course syllabus.","PeriodicalId":404632,"journal":{"name":"Journal of Corporate Governance, Insurance, and Risk Management","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-03-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116240518","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Analysis of Changes in Financial Items of the Turkish Banking Sector with VAR Model","authors":"Adalet Hazar, M. O. Koksal","doi":"10.56578/jcgirm050206","DOIUrl":"https://doi.org/10.56578/jcgirm050206","url":null,"abstract":"A restructuring program has been realized in the Turkish Banking Sector after the crises of 2000 and 2001. At the same time the restructuring program was implemented in the economy. Volatility is considered one of the most important risk indicator. The high volatility in a data set means that the risk is high. The aim of the study is to predict the strong changes in the main activity items of the banking sector from the post-crisis period to the present, based on the number of delays. During the period from the end of 2002 to the end of 2017, the volatility of the main financial items at the end of the three-month period has been analyzed in the Turkish Banking Sector. Afterwards, these main items were taken into consideration of past trends and predictive equations related to the levels that can be reached in the future were established. As a result of the analysis, it is seen that the highest change is primarily in the volume of the sector and in the loans and deposit items immediately afterwards. The high change in these two main factors in balance sheet naturally leads to a high volatility of the balance sheet total as well.","PeriodicalId":404632,"journal":{"name":"Journal of Corporate Governance, Insurance, and Risk Management","volume":"218 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130355204","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Forecasting of Gold Prices Volatility with Symmetric and Asymmetric Volatility Models","authors":"Metin Teti̇k","doi":"10.56578/jcgirm050201","DOIUrl":"https://doi.org/10.56578/jcgirm050201","url":null,"abstract":"With this paper the author forecasts the out-of-sample volatility of gold price changes in Turkey. Looking at the both the symmetric and the asymmetric evaluation criteria, GJR-GARCH model is the best fitted model for forecasting gold price volatility in Turkey. The GJR-GARCH model findings reveal a negative shock asymmetry for gold prices. Thus, it shows that positive news in the market affects the volatility of gold prices in the next period more than negative news.","PeriodicalId":404632,"journal":{"name":"Journal of Corporate Governance, Insurance, and Risk Management","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124024511","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Implications of the Bank Recovery and Resolution Directive on Non-Core Banks and Investment Firms in Malta","authors":"D. Azzopardi","doi":"10.56578/jcgirm050204","DOIUrl":"https://doi.org/10.56578/jcgirm050204","url":null,"abstract":"Through this research study, the authors set out to analyse the implications of the BRRD on non-core domestic banks as well as investment firms. The main aim behind this study is researchersto gain an insight into how such institutions are managing in view of the requirements of the BRRD. Besides building a thorough understanding of the impact of BRRD provisions on these institutions, this study also sets out to explore the potential challenges that might arise following the application of said provisions. Purposive sampling was applied, whereby the researchers collected the data by holding semi-structured interviews with representatives from a select number of non-core domestic banks and investment firms. The findings converge on a number of points. The institutions under study lacked the necessary guidance, largely because the BRRD was implemented rather quickly to immediately address the weaknesses of resolution and supervision that came to light after the 2008 financial crisis. In this respect, the institutions concerned were not able to invest adequate time in their preparation process. In line with previous local research, an ambivalent approach was also observed in relation to the benefits of the measures under the BRRD, especially in the case of small-sized institutions. These outcomes show that the BRRD might be too recent of a regulatory framework to bear concrete results. Although it has generally been welcomed as a constructive measure bent on bringing improvements in the spheres of recovery and resolution, there needs to be further time, and understanding and work by both authorities and institutions to fully realise its benefits. Given that the BRRD is an important step towards further maintaining financial stability and fighting against financial calamities, this study carries the value of bringing together the existing research done already in this area, further extending the research to cover more domestic institutions and ultimately contributing to a more holistic understanding of the implications of the BRRD in Malta.","PeriodicalId":404632,"journal":{"name":"Journal of Corporate Governance, Insurance, and Risk Management","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-10-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122811092","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}