The Experts below are selected from a list of 48864 Experts worldwide ranked by ideXlab platform
Alövsat Müslümov - One of the best experts on this subject based on the ideXlab platform.
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The Financial and Operating Performance of Privatized Companies in Turkish Cement Industry
Social Science Research Network, 2006Co-Authors: Alövsat MüslümovAbstract:This paper examines the post-privatization performance of privatized companies in the Turkish cement industry. The findings indicate that, when performance criteria for both the state and private enterprises are considered, privatization in the cement industry results in significant performance deterioration. Total Value Added and the return on investment declines significantly after privatization. This decrease mainly stems from deterioration in asset productivity. The decline in asset productivity, however, is not caused by an increase in capital investment, since postprivatization capital investment did not change significantly. Significant contraction in Total employment and an increase in financial leverage after privatization are among the key research findings. Privatization through public offering, gradual privatization and domestic ownership are found to stimulate the financial and operating performance of firms following privatization.
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The financial and operating performance of privatized companies in the Turkish cement industry
METU Studies in Development, 2005Co-Authors: Alövsat MüslümovAbstract:This paper examines the post-privatization performance of privatized companies in the Turkish cement industry. The findings indicate that, when performance criteria for both the state and private enterprises are considered, privatization in the cement industry results in significant performance deterioration. Total Value Added and the return on investment declines significantly after privatization. This decrease mainly stems from deterioration in asset productivity. The decline in asset productivity, however, is not caused by an increase in capital investment, since post-privatization capital investment did not change significantly. Significant contraction in Total employment and an increase in financial leverage after privatization are among the key research findings. Privatization through public offering, gradual privatization and domestic ownership are found to stimulate the financial and operating performance of firms following privatization.
Panait Mirela - One of the best experts on this subject based on the ideXlab platform.
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transformations of the romanian agricultural paradigm under domestic economic policy reforms an analysis during 1960 2011
Land Use Policy, 2017Co-Authors: Andrei Jean Vasile, Mieila Mihai, Panait MirelaAbstract:The main aim of this paper is to investigate the transformations of the Romanian agricultural paradigm under the domestic economic policy reforms. An econometric approach is adopted by analyzing the evolution of Romanian agriculture between 1960 and 2011 from the perspective of its implications on residential land economy. This methodological choice relies on its high degree of applicability and its ability to reveal the massive transformation of the Romanian agricultural paradigm during the period under focus. Two regression models have been developed in the attempt to analyze the evolution of Total Value Added and labor productivity in agriculture. The results obtained during the research confirm that Romanian agriculture exhibits determinant and significant elements able to trigger a massive change of paradigm.
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Transformations of the Romanian agricultural paradigm under domestic economic policy reforms: An analysis during 1960–2011
Land Use Policy, 2017Co-Authors: Andrei Jean Vasile, Mieila Mihai, Panait MirelaAbstract:The main aim of this paper is to investigate the transformations of the Romanian agricultural paradigm under the domestic economic policy reforms. An econometric approach is adopted by analyzing the evolution of Romanian agriculture between 1960 and 2011 from the perspective of its implications on residential land economy. This methodological choice relies on its high degree of applicability and its ability to reveal the massive transformation of the Romanian agricultural paradigm during the period under focus. Two regression models have been developed in the attempt to analyze the evolution of Total Value Added and labor productivity in agriculture. The results obtained during the research confirm that Romanian agriculture exhibits determinant and significant elements able to trigger a massive change of paradigm.
Konstantinos Evangelinos - One of the best experts on this subject based on the ideXlab platform.
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Bouncing Back from Extreme Weather Events: Some Preliminary Findings on Resilience Barriers Facing Small and Medium‐Sized Enterprises
Business Strategy and the Environment, 2018Co-Authors: George Halkos, Antonis Skouloudis, Chrisovaladis Malesios, Konstantinos EvangelinosAbstract:Extreme Weather Events (EWEs) pose unprecedented threats to modern societies and represent a much-debated issue strongly interlinked with current development policies. Small and medium-sized enterprises (SMEs) that constitute a driving force of economic growth, employment and Total Value-Added remain highly vulnerable to and ill-prepared for such environmental perturbations. This study assesses barriers to SMEs’ resilience to EWEs in an attempt to shed light on enabling factors which can define effective SMEs responses to nonlinear environmental stimuli. Relying on an exploratory quantitative survey, the assessment offers essential research findings for practitioners on SME management and sets forth linkages with current mechanisms for policy interventions towards an appropriate resilience agenda for SMEs.
Hanming Fang - One of the best experts on this subject based on the ideXlab platform.
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Eat, Drink, Firms, Government: An Investigation of Corruption from the Entertainment and Travel Costs of Chinese Firms
The Journal of Law and Economics, 2011Co-Authors: Hongbin Cai, Hanming FangAbstract:We propose entertainment and travel costs (ETC) expenditures as a measure of corruption in Chinese firms. These expenses are publicly reported in firms’ accounting books, and on average they amount to about 3 percent of a firm’s Total Value Added. We find that ETC is a mix that includes grease money to obtain better government services, protection money to lower tax rates, managerial excesses, and normal business expenditures to build relational capital with suppliers and clients. Entertainment and travel costs overall have a significantly negative effect on firm productivity, but we also find that some components of ETC have substantial positive returns to firms.
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Eat, Drink, Firms, Government: An Investigation of Corruption from Entertainment and Travel Costs of Chinese Firms
Social Science Research Network, 2010Co-Authors: Hongbin Cai, Hanming FangAbstract:We propose "Entertainment and Travel Costs" (ETC) expenditures as a measure of corruption in Chinese firms. These expenses are publicly reported in firms' accounting books, and on average they amount to about 3% of firms' Total Value Added. We find that ETC is a mix that includes "grease money" to get better government services, "protection money" to lower tax rates, managerial excesses, and normal business expenditures to build relational capital with suppliers and clients. ETC overall has a significantly negative effect on firm productivity, but we also find that some components of the ETC have substantial positive returns to the firms.
George Halkos - One of the best experts on this subject based on the ideXlab platform.
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Bouncing Back from Extreme Weather Events: Some Preliminary Findings on Resilience Barriers Facing Small and Medium‐Sized Enterprises
Business Strategy and the Environment, 2018Co-Authors: George Halkos, Antonis Skouloudis, Chrisovaladis Malesios, Konstantinos EvangelinosAbstract:Extreme Weather Events (EWEs) pose unprecedented threats to modern societies and represent a much-debated issue strongly interlinked with current development policies. Small and medium-sized enterprises (SMEs) that constitute a driving force of economic growth, employment and Total Value-Added remain highly vulnerable to and ill-prepared for such environmental perturbations. This study assesses barriers to SMEs’ resilience to EWEs in an attempt to shed light on enabling factors which can define effective SMEs responses to nonlinear environmental stimuli. Relying on an exploratory quantitative survey, the assessment offers essential research findings for practitioners on SME management and sets forth linkages with current mechanisms for policy interventions towards an appropriate resilience agenda for SMEs.
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Bouncing back from extreme weather events: Some preliminary findings on resilience barriers facing small and medium-sized enterprises
2016Co-Authors: George Halkos, Antonis SkouloudisAbstract:Extreme Weather Events (EWEs) pose unprecedented threats to modern societies and represent a much-debated issue strongly interlinked with current development policies. Small and medium-sized enterprises (SMEs) that constitute a driving force of economic growth, employment and Total Value-Added remain highly vulnerable to and ill-prepared for such environmental perturbations. This study assesses barriers to SMEs’ resilience to EWEs in an attempt to shed light on enabling factors which can define effective SMEs responses to nonlinear environmental stimuli. Relying on an exploratory quantitative survey, the assessment offers essential research findings for practitioners on SME management and sets forth linkages with current mechanisms for policy interventions towards an appropriate resilience agenda for SMEs.
