{"title":"Methodological approach to transaction attractiveness valuation as a decision-making tool of organisational strategy","authors":"H. Shvindina, V. Martynets","doi":"10.1504/IJMNE.2018.10016484","DOIUrl":"https://doi.org/10.1504/IJMNE.2018.10016484","url":null,"abstract":"The aim of this paper is to make contractual decisions visible for transaction cost analysis, and to formulate an applicable approach to evaluating decisions about distribution contracts. The term 'transaction attractiveness' is offered by the authors as a general criterion of choice. The authors offer a framework for the analysis of transaction attractiveness on the basis of evaluation of the return on transaction costs (ROTC) index. The transaction attractiveness method includes the evaluation of the indexes of transaction costs, the indexes of general financial performance, and ROTC index. The methodology presented in the paper is based on a generalisation of the ideas about the transactions and transaction costs of the firm and specified for the accounting system of Ukraine (Western Europe). The factual implementation of the framework was provided at the Ukrainian enterprise and positively affected decisions of the distribution systems.","PeriodicalId":422059,"journal":{"name":"International Journal of Management and Network Economics","volume":"5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-10-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116777369","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":"ECB monetary policy surprises and Euro area sovereign yield spreads","authors":"Abdelkader Mohamed Sghaier Derbali, Tarek Chebbi","doi":"10.1504/IJMNE.2018.10016490","DOIUrl":"https://doi.org/10.1504/IJMNE.2018.10016490","url":null,"abstract":"The importance of ECB monetary policy surprises in explaining movements in Euro area sovereign yield spreads is explored using daily data for ten countries for 2011-2015. The unanticipated component of the monetary policy is extracted by using changes in the three-month Euribor futures rate immediately after the ECB meetings. Our results show that monetary policy surprises from the ECB, when significant, exert a strong influence on yield spread returns and volatilities. The effects of ECB news announcement surprises on the debt markets differ substantially across PIIGS and non-PIIGS countries. It is important to note that the persistence of volatility is clear across all samples and it shown by the significance and the positive sign of associated coefficients.","PeriodicalId":422059,"journal":{"name":"International Journal of Management and Network Economics","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-10-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130866975","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":"Patent citations and value: through the lens of a social network approach","authors":"Feng Zhang, Guohua Jiang, Xiaoyun He","doi":"10.1504/IJMNE.2018.10016478","DOIUrl":"https://doi.org/10.1504/IJMNE.2018.10016478","url":null,"abstract":"Identifying valuable technological inventions in a timely manner for further development and commercialisation has important strategic implications for organisations to maximise social welfare and return on investments. Building upon the advantages that social network approach can predict performance in short investigation periods, this study develops a conceptual and novel framework to predict patent value through analysing patent citations network structural indicators. Our proposed approach helps alleviate truncation problems suffered by existing patent evaluation methods. Testable propositions are also offered. This study contributes to patent economics literature and research fields that would benefit from a more accurate measure of valuable technological inventions. The proposed approach also has practical and commercial values to research institutes and industrial firms.","PeriodicalId":422059,"journal":{"name":"International Journal of Management and Network Economics","volume":"77 6","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-10-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114133040","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}
Loiy Bani Ismail, Ra'ad Rasheed, Mohammad Alawamleh
{"title":"Quality of service in the Jordanian telecommunications sector","authors":"Loiy Bani Ismail, Ra'ad Rasheed, Mohammad Alawamleh","doi":"10.1504/IJMNE.2018.10016483","DOIUrl":"https://doi.org/10.1504/IJMNE.2018.10016483","url":null,"abstract":"This research seeks to examine the quality of service of the three main telecommunications operators (Zain, Orange and Umniah) in Jordan for year 2016 in terms of network, distribution, marketing and sales quality using qualitative data from semi-structured one-to-one interviews with a representative sample of the biggest wholesalers and sub-dealers across Jordan (n = 4,600), and qualitative interviews with key stakeholders (sub-dealers recruited from across the country). The core objective of this research was to examine the performance of the three operators in Jordan. It was found that the national telecommunications market is intensely competitive, and the three predominant operators have varying quality of service in numerous areas. Zain and Orange draw on their international leverage and capital to maintain market share, but the best technical and customer support value is offered by the later market entrant, Umniah, in terms of higher speed internet and better customer service. All firms benefit from high-quality human resources, and face similar challenges in terms of inhibitive taxes on prepaid tariffs and the stringent regulation of the Telecommunications Regulatory Commission.","PeriodicalId":422059,"journal":{"name":"International Journal of Management and Network Economics","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-10-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122189003","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":"Climate change mitigation: evidences from the European scenario","authors":"Idiano D’Adamo, Michela Miliacca, D. Schettini","doi":"10.1504/IJMNE.2018.10016474","DOIUrl":"https://doi.org/10.1504/IJMNE.2018.10016474","url":null,"abstract":"The European Union (EU) member states fight climate change through the greenhouse gas emissions reduction (mitigation measures) and prepare for the unavoidable effects which have already been triggered (adaptation measures). By 2050, the EU aims to reduce its greenhouse gas emissions by 80%-95% compared with 1990 levels. New objectives up to 2030 provide for a 40% reduction of GHG emissions and an increase of 27% for renewables and energy efficiency. The aim of this work is twofold. Firstly, we present the inventory data of the greenhouse gas emissions, final energy consumption, share of renewable energy, ISO 14001, EMAS and ISO 50001 certifications in 2015 for the EU-28 member states. Then, we identify the current level achieved by the EU and by individual countries compared to the 2020 targets. Secondly, we find a correspondence between the increasing number of certified companies and the good results relating to the mitigation measures. The regulatory obligations and the growing awareness about climate change led companies to voluntarily adopting systems of environmental management and/or energy management, because they generate a series of benefits such as the improving of image return, revenues and levels of competitiveness.","PeriodicalId":422059,"journal":{"name":"International Journal of Management and Network Economics","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-10-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129215664","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":"The impact of economic growth on pollution in developed European countries","authors":"Lamia Jamel, Samir Maktouf","doi":"10.30560/JEMS.V1N2P1","DOIUrl":"https://doi.org/10.30560/JEMS.V1N2P1","url":null,"abstract":"In this paper, we empirically investigate the impact of economic growth on environmental degradation in developed European economies during the period of study from 1985 to 2015. For the econometric methodology, we utilise the Cobb-Douglas production function. From the cointegration tests of Kao and Fisher, we confirm the existence of a cointegration relationship between the economic growth and pollution. Also, we confirm the hypothesis of basic CEK which assumes the presence of a bidirectional relationship between economic growth and CO2 emissions in developed European countries during the period of study (1985–2015). In addition, we find that there is a two-way causal relationship among energy consumption and pollution in developed European countries.","PeriodicalId":422059,"journal":{"name":"International Journal of Management and Network Economics","volume":"55 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-04-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114143098","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":"The link among economic growth, CO 2 emissions, financial development, and trade openness nexus","authors":"Lamia Jamel, Samir Maktouf","doi":"10.1504/IJMNE.2017.10008295","DOIUrl":"https://doi.org/10.1504/IJMNE.2017.10008295","url":null,"abstract":"In this paper, we empirically investigate the causal nexus between economic growth (GDP), CO2 emissions (environmental degradation), financial development and trade openness by using the ordinary least squares technique for a yearly panel data of 40 European economies, during the period of study from 1985 to 2014. To examine this causal link, we utilise the Cobb-Douglas production function. The empirical findings point to a bidirectional Granger causal linkage among GDP and pollution, GDP and financial sector development, GDP and trade openness, financial sector development and trade openness and trade openness and pollution in the case of European economies. From the causal link between GDP and environmental pollutants, we validate the existence of the environmental Kuznets curve hypothesis. Also, we confirm the feedback suggestion of the bidirectional causality among trade openness and financial sector development. Besides, we find the neutrality hypothesis linking carbon emissions and financial sector development inflows. Finally, we find the presence of the bidirectional nexus between GDP and financial sector development and amongst GDP and trade openness in the European economies.","PeriodicalId":422059,"journal":{"name":"International Journal of Management and Network Economics","volume":"39 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-10-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121079384","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":"Technological innovation of green energy","authors":"G. Morabito","doi":"10.1504/IJMNE.2017.10008286","DOIUrl":"https://doi.org/10.1504/IJMNE.2017.10008286","url":null,"abstract":"Technological changes in green energy technologies play an important role in the context of climate change as they contribute to a reduction of technology costs and lead to an increasing market penetration of emission reducing technologies. This paper highlights numerous motivations and necessities related to the introduction of green energy policies. Policy intervention has been an effective tool to incentivise innovation, in particular of the renewable energy technologies: the policy instruments are decisive for the development and innovation of renewable energies, as has been demonstrated by the German case. Germany's renewable energy industry is among the most innovative in the world: the renewable energy sector was aided especially by the Renewable Energy Sources Act that promotes renewable energy mainly by stipulating feed-in tariffs that grid operators must pay for renewable energy fed into the power grid. This law has created a surge in the investments in renewable energy technologies, particularly wind power. For other countries, Germany can be an example to follow.","PeriodicalId":422059,"journal":{"name":"International Journal of Management and Network Economics","volume":"3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-10-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127391243","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":"Systemic risk ranking of US financial institutions","authors":"Abdelkader Mohamed Sghaier Derbali","doi":"10.1504/IJMNE.2017.10008275","DOIUrl":"https://doi.org/10.1504/IJMNE.2017.10008275","url":null,"abstract":"The purpose of this paper is to measure systemic risk of US financial institutions during and following the period of the subprime crisis. So, we estimated the systemic risk of a sample composed by 90 US financial institutions during the period from 2 January 2007 to 31 December 2014. We employ the SRISK as a measure of systemic risk. We estimate the systemic risk for each year. Based on the SRISK estimated, we try to present a classification of US financial institutions and we present the decomposition of systemic risk. The empirical results found that the total systemic risk supported by the US financial institutions is very high. In addition, the contribution of each institution in the risk of the financial system in the USA is very important. After the decomposition of systemic risk, we show that the institutions that take on more debt, contribute positively and highly to systemic risk.","PeriodicalId":422059,"journal":{"name":"International Journal of Management and Network Economics","volume":"40 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-10-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126576944","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":"Price and QoS differentiation in all-IP networks","authors":"G. Knieps, Volker Stocker","doi":"10.1504/IJMNE.2016.079877","DOIUrl":"https://doi.org/10.1504/IJMNE.2016.079877","url":null,"abstract":"In this paper, the evolutionary transition towards all-IP networks is described and the necessity for entrepreneurial QoS differentiations is shown. Challenges resulting from the full migration to all-IP service provision are specified and the relevance of traffic services endowed with either deterministic or stochastic QoS guarantees is explained. An incentive compatible price and QoS differentiation scheme for the Generalized DiffServ architecture is presented. Policy implications criticising the recent introduction of network neutrality regulations in the USA and Europe by means of a two-tiered traffic regulation are derived.","PeriodicalId":422059,"journal":{"name":"International Journal of Management and Network Economics","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-10-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122403527","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}