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Article
Publication date: 1 October 1979

At present work is going ahead in Holland on the construction of the very promising Infrared Astronomical Satellite IRAS. The Dutch aircraft industry has been encouraged…

Abstract

At present work is going ahead in Holland on the construction of the very promising Infrared Astronomical Satellite IRAS. The Dutch aircraft industry has been encouraged by the great success of the first Netherlands Astronomical Satellite, ANS, to develop space‐flight technology programmes. The existence of an aerospace industry in Holland is also due to other factors such as active government support, the commercial success of the Dutch Fokker F27 and F28 aircraft, and the intensive research programmes of the astronomical departments of several Dutch universities. This article deals briefly with various developments in the industry.

Details

Aircraft Engineering and Aerospace Technology, vol. 51 no. 10
Type: Research Article
ISSN: 0002-2667

Article
Publication date: 29 July 2014

Varun Mahajan, D.K. Nauriyal and S.P. Singh

– The purpose of this paper is to measure technical efficiencies, slacks and input/output targets for 50 large Indian pharmaceutical firms.

Abstract

Purpose

The purpose of this paper is to measure technical efficiencies, slacks and input/output targets for 50 large Indian pharmaceutical firms.

Design/methodology/approach

The data are collected from Prowess of Centre for Monitoring of Indian Economy for the financial year 2010-2011. This study uses data envelopment analysis approach, taking raw material, salaries and wages, advertisement and marketing and capital usage cost as input variables and net sales revenue as output variable.

Findings

The paper finds that out of 50 firms, nine firms were overall technical efficient while 19 firms pure technical efficient and thus defined the efficient frontier. The BCC model identified that the inefficiency is either due to inefficient managerial performance or scale utilization. Further, firms are classified as high, low and middle robust firms on the basis of peer count. The study also analysed the slacks which were found to be significant in regard of some inputs, especially advertisement and marketing. The targets setting results have shown that all the inputs have significant scope for reduction.

Practical implications

The empirical results are useful in assessing the relative efficiency of the large Indian drug and pharmaceutical industry (ID&P) firms. The managers and owners can take corrective actions to reduce the cost of operations by optimizing advertising and marketing cost, capital usage cost and salary and wages so as to improve their efficiency.

Originality/value

Unlike the previous studies on the efficiency of the ID&P industry, the paper have shown the significance of improvement in managerial performance and scale utilization. In addition to this, excess inputs used in the production process and also possible target values of inputs and outputs are shown in the study. The robustness and stability of efficiency scores is also checked.

Details

Benchmarking: An International Journal, vol. 21 no. 5
Type: Research Article
ISSN: 1463-5771

Keywords

Book part
Publication date: 26 November 2019

Mainak Bhattacharjee, Jayeeta Roy Chowdhury and Dipti Ghosh

The emerging market economies, in particular, have become victim to the laundering activities which have damaged investment potentials, undermined governance, fostered…

Abstract

The emerging market economies, in particular, have become victim to the laundering activities which have damaged investment potentials, undermined governance, fostered crime and corruption, and decreased tax revenues. In this chapter, we construct a macrotheoretic framework to analyze money laundering in the form of tax evasion by individuals in an economy in the events of financial autarky and free trade. In other words, our theoretical model allows us to examine if movement from autarky to a state of financial integration whets the degree of financial malpractice like money laundering.

Details

The Gains and Pains of Financial Integration and Trade Liberalization
Type: Book
ISBN: 978-1-83867-004-7

Keywords

Article
Publication date: 2 October 2018

Walter Amedzro St-Hilaire and Patrick Boisselier

The purpose of this paper is to analyze the variables improving the business model and provide a theoretical basis for the scientific implementation of the current…

Abstract

Purpose

The purpose of this paper is to analyze the variables improving the business model and provide a theoretical basis for the scientific implementation of the current financial strategy.

Design/methodology/approach

According to the principle of testability, availability and correlation, the annual data are uses to measure the interaction level of business system in order to accurately reflect the evolution of the financial decision, and explore the main factors restricting the multiple strategies coordination.

Findings

The promotion of business growth relies mainly on the coordinated development of innovation, industries, consumption, investment and export. Further transformation and upgrading is one of the paths to achieve the coordinated development of financial strategy multiple objectives. The irrational business structure is the main obstacle to that coordination.

Research limitations/implications

In future research, it may be possible to identify “a financial broader strategy impact discussion for impact on Basel, IMF/World Bank and Capital Foundations or other regulatory strategies to avert future economic crises.” If so, it should be possible for financial institutions to use the results of research examining antecedents to better manage their experiences so as to foster the development of the desired strategies.

Practical implications

The initiatives taken to try to clarify the variables improving the business model and provide a theoretical basis for the scientific implementation of the current financial strategy show how complex it seems to identify practices and those to be developed as a priority. Institutions tend to adopt an increasingly wide range of commonly accepted strategical practices, such as coordinated-determining practices, without really knowing the effect of their interaction on efficient Management processes. In this regard, this paper provides practical advice that may assist successful adaptation for institutions leaders. The study provides new insights into the understanding of the coordinated strategy mechanisms that can influence the optimization of the interaction level of decision control and promote the effectiveness of managerial practices in determining the business model. Always in terms of practical implications, the findings from this paper may be particularly pertinent for managers in public administration and institutional decision makers in many countries across the world where traditionally, the administrators may be more business-intelligence-averse than their counterparts in the private sectors. The specificities of such business model as regarding their constraints concerning the coordinated strategy may reflect at both structural as well as individual levels, considering the predominantly rigid nature of the planning in many configuration.

Originality/value

The conclusion provides a theoretical basis for the scientific implementation of the current monetary strategy.

Details

Journal of Economic and Administrative Sciences, vol. 35 no. 2
Type: Research Article
ISSN: 1026-4116

Keywords

Article
Publication date: 14 August 2018

Peter Quartey, Charles Ackah and Monica Puoma Lambon-Quayefio

The increase in volumes and circulation of internal and international remittances have become a substantial part of resource flow for economic development especially in…

Abstract

Purpose

The increase in volumes and circulation of internal and international remittances have become a substantial part of resource flow for economic development especially in developing countries with a significant impact on household welfare. The purpose of this paper is to examine the relationship between remittances and savings mobilization.

Design/methodology/approach

Using the most recent wave of the Ghana Living Standard Survey data, the study accounts for the endogeneity in remittance receipts by employing treatment effect estimators, in addition to a probit model to establish the relationship between remittances and likelihood of savings.

Findings

The results suggest that receiving remittances significantly affects household’s propensity to save. Households that receive international remittances seem to have a slightly higher probability of savings compared to households that receive only domestic remittances.

Originality/value

From the literature, whereas the theoretical relationship between savings and remittances is mixed, it is also evident that the empirical relationship between remittances and savings has not been clearly established, especially in sub-Saharan African countries in general and Ghana in particular. The present study adds to the paucity in the literature in two main ways. First, the study provides empirical evidence on the relationship between remittances and savings by not only focusing on international remittances but also on internal remittances. Second, in sharp departure from other studies, the current study employs more robust empirical estimators in estimating the relationship between remittances and savings.

Details

International Journal of Social Economics, vol. 46 no. 1
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 15 August 2018

Walter Amedzro St-Hilaire and Patrick Boisselier

The purpose of this paper is to evaluate the need to incorporate the loan loss provisions (LLPs) and risk measures in order to examine the repercussions on advancing…

Abstract

Purpose

The purpose of this paper is to evaluate the need to incorporate the loan loss provisions (LLPs) and risk measures in order to examine the repercussions on advancing approach and profitability.

Design/methodology/approach

The study investigates the effect of explanatory variables on profitability and advancing approach of the banks. The variables used in this study were determined, based on the review of relevant literature and established according to the availability of data for measurement purposes. Inspired by previous research, Hausman test is used in this study to determine whether a random or fixed effects generalized least squares model is best. The linear regression model is applied to strongly balanced panel data obtained from the ten commercial banks.

Findings

The findings demonstrate that Nigerian banking sector considers LLPs in terms of its decision making of advancing approach, while proper inclusion of credit, market and operational risk is more important for South Africa’s banks rather than the maintenance of provisions.

Originality/value

Moreover, the credit risk proves to be more needed factor of consideration for Nigerian rather for South African banks. This is an answer to the strong economy of South Africa as compared to Nigeria and more chances of default faced by Nigerian banks.

Article
Publication date: 4 September 2017

Mark Shevlin, Eoin McElroy, Jamie Murphy, Philip Hyland, Frédérique Vallieres, Ask Elklit and Mogens Christoffersen

While research has consistently identified an association between cannabis use and psychosis, few studies have examined this relationship in a polydrug context (i.e…

Abstract

Purpose

While research has consistently identified an association between cannabis use and psychosis, few studies have examined this relationship in a polydrug context (i.e. combining cannabis with other illicit substances). The paper aims to discuss this issue.

Design/methodology/approach

The present study sought to examine the association between recreational drug use (cannabis only vs polydrug) and psychotic disorders. Analysis was conducted on a large, representative survey of young Danish people aged 24 (n=4,718). Participants completed self-report measures of lifetime drug use and this information was linked to the Danish psychiatric registry system.

Findings

Multivariate binary logistic regression analysis was used to examine the association between drug use (no drug use, cannabis only, cannabis and other drug) and ICD-10 psychotic disorders, while controlling for gender and parental history of psychosis. Compared with no drug use, the use of cannabis only did not increase the risk of psychosis while the odds ratio for cannabis and other drug were statistically significant.

Research limitations/implications

Psychosis risk may be associated with the cumulative effect of polydrug use.

Practical implications

Cannabis use may be a proxy for other drug use in research studies.

Originality/value

This study is innovative as it uses linked self-report and administrative data for a large sample. Administrative data were used to as an objective mental health status indicator.

Details

Drugs and Alcohol Today, vol. 17 no. 3
Type: Research Article
ISSN: 1745-9265

Keywords

Article
Publication date: 22 February 2011

Hannah Koo, Ka‐Yin Chau, Leung‐Chi Koo, Songbai Liu and Shu‐Chuen Tsui

This paper attempts to deploy a systematic and structural approach to examine Macau's strengths and weaknesses and to scan its external opportunities and threats. A fresh…

3277

Abstract

Purpose

This paper attempts to deploy a systematic and structural approach to examine Macau's strengths and weaknesses and to scan its external opportunities and threats. A fresh way to quantify the extent of perceived opportunities and threats is introduced here. This is adopted and modified from the quality management tool box, i.e. the failure mode and effects analysis (FMEA) and success mode and effects analysis (SMEA).

Design/methodology/approach

The internal factors, i.e. its strengths and weaknesses are systematically and structurally gauged using a Likert scale of 0 to 10 (i.e. 0 representing least important or least well performed … to 10 representing most important and best performed).

Findings

Following the matching of internal factors with the external factors in the strengths, weaknesses, opportunities, and threats (SWOT) analysis, a list of meaningful responses is identified as possible strategies for the Macau SAR Government. The SWOT analysis is simple to use yet powerful and flexible in responding to changes in the external environment and should be useful to organizations both in the commercial sector and government machinery.

Originality/value

This innovative and structured strategic formulation approach is useful to both business practitioners and management consultants.

Details

Journal of Strategy and Management, vol. 4 no. 1
Type: Research Article
ISSN: 1755-425X

Keywords

Article
Publication date: 6 January 2022

Deepti Sisodia and Dilip Singh Sisodia

The problem of choosing the utmost useful features from hundreds of features from time-series user click data arises in online advertising toward fraudulent publisher's…

Abstract

Purpose

The problem of choosing the utmost useful features from hundreds of features from time-series user click data arises in online advertising toward fraudulent publisher's classification. Selecting feature subsets is a key issue in such classification tasks. Practically, the use of filter approaches is common; however, they neglect the correlations amid features. Conversely, wrapper approaches could not be applied due to their complexities. Moreover, in particular, existing feature selection methods could not handle such data, which is one of the major causes of instability of feature selection.

Design/methodology/approach

To overcome such issues, a majority voting-based hybrid feature selection method, namely feature distillation and accumulated selection (FDAS), is proposed to investigate the optimal subset of relevant features for analyzing the publisher's fraudulent conduct. FDAS works in two phases: (1) feature distillation, where significant features from standard filter and wrapper feature selection methods are obtained using majority voting; (2) accumulated selection, where we enumerated an accumulated evaluation of relevant feature subset to search for an optimal feature subset using effective machine learning (ML) models.

Findings

Empirical results prove enhanced classification performance with proposed features in average precision, recall, f1-score and AUC in publisher identification and classification.

Originality/value

The FDAS is evaluated on FDMA2012 user-click data and nine other benchmark datasets to gauge its generalizing characteristics, first, considering original features, second, with relevant feature subsets selected by feature selection (FS) methods, third, with optimal feature subset obtained by the proposed approach. ANOVA significance test is conducted to demonstrate significant differences between independent features.

Details

Data Technologies and Applications, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2514-9288

Keywords

Book part
Publication date: 9 August 2012

Dennis Togo

The reciprocal method for allocating support department costs is preferred over the direct and step-down methods because it captures all support services provided to other…

Abstract

The reciprocal method for allocating support department costs is preferred over the direct and step-down methods because it captures all support services provided to other departments. However, even as business organizations increase the number of support departments and their costs, the adoption of the reciprocal method has been hindered by mathematical difficulties in solving simultaneous equations. This paper illustrates spreadsheet matrix functions that remove the difficulties associated with the reciprocal method. The algebraic expressions for reciprocated costs commonly presented in accounting textbooks are used to form an equivalent matrix relationship. Then spreadsheet matrix functions easily compute reciprocated costs for support departments from the matrix relationship, and also allocate the reciprocated costs to other departments.

Details

Advances in Accounting Education: Teaching and Curriculum Innovations
Type: Book
ISBN: 978-1-78052-757-4

1 – 10 of 62