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The purpose of this paper is to assess the financial performance of the intermediary institutions that have operated in the Turkish capital markets taking the issue of bank-origin and non-bank-origin institutions into account.

Financial performance of the intermediary institutions has been measured by the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) method between the years 2005 and 2016. In order to implement the TOPSIS method, the relative importance of financial performance indicators has been determined by Entropy, survey results and considering equal weights approaches.

Empirical findings indicate that the average performances of continuously operating intermediary institutions during the concerned period are above the average performance levels of all intermediaries. Additionally, the average rank of bank-origin intermediary institutions have been found higher than the non-bank origins for all years. This reveals that the average financial performance of the bank-origin intermediary institutions is higher than the average score of non-bank origins during the related years.

This study is unique in terms of evaluating the performance of intermediary institutions in Turkish capital markets with a comprehensive framework. Determining the relative importance of financial performance indicators according to entropy, survey results and equal-weight approaches and revealing the average financial performance ranking methodology for bank-origin and non-bank-origin intermediary institutions have added value.

This study aims to propose a model to elevate the financial empowerment of Muslim women by rejuvenating the practice of Mahr in society and facilitating the affordability of men to pay that Mahr amount.

The approach of this study is to offer a model through the interest-free savings-based finance concept. The model comprises four stages; each stage of the model is mathematically formulated and graphically explained to ensure clarity and coherence. To further investigate the issue, the authors use a convenient sampling method to ask a small sample size of respondents (women) from different countries about their financial contribution and empowerment in the family.

This model enables women to turn their exclusive financial right into a source of earning without borrowing from any source or paying interest on the principal amount. Besides, it encourages accelerating men’s obligation to pay the Mahr to the women immediately during the marriage ceremony by facilitating men’s affordability. Almost 45% of respondents state that a woman’s financial contribution exalts her decision-making power and strengthens her financial position in the family.

The authors attempt to revitalize Mahr practice in Muslim society to accelerate the process of receiving a woman’s exclusive financial right and empower a family as a whole through the Mahr model.

Considering the model’s uniqueness, the developed and proposed Mahr model in this research is novel; to the best of the authors’ knowledge, no other study has been conducted and developed such a model using the Mahr concept.

The aim of this article is to investigate how the use of financial instruments influences the development of Regional Development Funds (RFR) in Poland and to assess the maturity and coherence of the regional development financing system in this country.

The methodology is based on the multilevel governance literature and on data collected during 26 in-depth interviews in regional, national and international institutions.

The authors demonstrate that the use of financial instruments stimulates new kinds of cooperation between several institutions and contributes to the establishment of RFR. The authors also show that the Polish regional financing system is still developing and formulate recommendations about necessary improvements.

The main contribution of this article, in addition to taking up a new, relevant topic for the regional development policy in countries benefiting from European Union (EU) cohesion policy, is the application of the multilevel governance (MLG) concept to explain the development of the Polish regional development financing system. Moreover, the significant added value of this study comes from the use of data collected during 26 in-depth interviews (IDI) in regional, national and international institutions on the use of repayable instruments in regional development policy.

The purpose of this paper is to provide a conceptual framework for the intermediation of state-owned enterprises (SOEs). Governments may apply different form of support with the aim of increasing corporatization and internationalization of SOEs. The paper suggests a strategy based on institutional intermediation as the more efficient to drive corporatization and internationalization.

The research selected cases concerning SOEs in different industries in Europe in search of recurrences from a novel theoretical perspective. Among them, a case study concerning the Italian Space Agency explores the development of an institutional intermediary.

Government supports to SOEs appear in different forms and contribute to different results. A typology of the most recurrent forms shows three different types of actions governments have taken to support internationalization of firms. Intermediation seems the most suitable to trigger corporatization and internationalization.

The study explores institutional intermediaries as a novel supporting strategy for governments. It proposes a novel concept based upon a single case study. Further research needs to test and verify the institutional intermediaries’ impact drawing on a larger sample and different contexts.

So far, few attempts have linked corporatization to globalization. The paper tries to fill this gap between corporatization and internationalization of SOEs. Its value is the provision of a novel view that includes institutional intermediaries as instrumental to governments’ strategy that aims to bridge the two components.

The paper analyses the identification requirements imposed on financial institutions by the UK Money Laundering Regulations 1993 and the related guidance given by the Joint Money Laundering Steering Group. The paper seeks to distinguish between what is actually required by law from what is or may be good practice: it argues that in some respects the guidance goes beyond what is legally required. The paper deals in particular with the operation of the Regulations where business is introduced to the financial institution by an intermediary, or where the applicant for business is an agent, trustee or a company.

This paper draws upon the idea that an organisation can be understood as an open system embedded in a larger social system. We propose that geographical proximity is a key determinant of the porous boundaries of organisations. Proximity produces repeated, trusting and long-term perspective relationships. Consequently, clustered firms (i.e. in an industrial district) develop relevant relations and interactions within this social system. Firms acquire new resources and capabilities using external endowments. In an industrial district, firms benefit from a common reputation, from an intense exchange and combination of resources, and the presence of different local institutions. As a result, firms in the industrial district may improve innovation and net-value creation capacities, which explain the competitive superiority of these firms. Our study draws on an empirical study involving a sample of 350 Spanish industrial firms in which we compared district and non-district member firms. Findings suggest relevant conclusions with respect to our theoretical propositions.

This study is aimed at making an inspection of the effects of collaborative innovation network characteristics on firm innovation performance, and the intermediary roles of knowledge transfer efficiency is taken into account.

This study used a convenient sampling method to obtain population and samples. Using data obtained by publishing online and paper questionnaires, and using on-site interviews in Anhui Province in the Yangtze River Delta region of China, descriptive analysis, regression analysis and correlation analysis are utilized to study the direct influence of collaborative innovation network characteristics on knowledge transfer efficiency as well as firm innovation performance, and the intermediary roles of knowledge transfer efficiency on firm innovation performance, respectively. In this study, 3,000 questionnaires were distributed to the employees of enterprises engaged in research and development (R&D) activities, of which 2,560 were valid. With the help of SPSS24.0 software, the reliability and validity of the questionnaire was analyzed.

The results are indicative of that network centrality and relationship strength positively affect knowledge transfer efficiency and firm innovation performance. Nevertheless, network scale has no significant correlation with knowledge transfer efficiency and enterprise innovation performance. In addition, knowledge transfer efficiency is an intermediary between collaborative innovation network characteristics and enterprise innovation performance, and positively affects enterprise innovation performance, which demonstrated that managers should take advantage of collaborative innovation network characteristics to elevate knowledge transfer efficiency because well-realized transferals of knowledge can help accelerate the coordination of resources in knowledge, and finally bring about the advancement of firm's innovation abilities and performance.

There are few previous studies that fully examined the relationships among collaborative innovation network characteristics, knowledge transfer efficiency and firm innovation performance. This paper developed previous researches on the relationships between collaborative innovation network characteristics, knowledge transfer efficiency and firm innovation performance. The mediation of knowledge transfer efficiency on the relationship between collaborative innovation network characteristics and firm innovation performance is analyzed. Further, studies on collaborative innovation network characteristics using data obtained from employees engaged in R&D activities are very limited in the literature. On account of that, the findings in this study may make sense to the innovation ability of innovative enterprise and expand the literature in the field of enterprise strategic management and knowledge management.

This analysis shows that collaborative innovation network characteristics have both positive and negative effects on firm innovation performance. Therefore, business managers should pay attention to their position in the collaborative innovation network and maintain the relationship strength with other innovation subjects. Special consideration should be given to the knowledge transfer of innovative enterprises, so as to improve firm innovation performance practically.

The study may provide additional understandings for researchers, government managers, universities and enterprises with regard to strategic management from the visual angle of innovation ecosystems. It is instrumental in the exploration of the mechanisms enabling firm innovation performance.

The purpose of this paper is to discuss communicative problems and perspectives in the branding‐process of a metropolitan region. It pursues the question of how intended place politics and non‐intended socio‐spatial developments impact the process of place branding for Germany's capital region Berlin‐Brandenburg. The metropolitan region is here discussed as a special type of place identity. This type follows wider trajectories. There seems to be a lack of knowledge in how to manage a metropolitan identity.

The paper focuses on theoretical and practical perspectives of metropolitan place branding. A methodological approach to this case with the research approach public branding was developed by the Leibniz‐Institute for Regional Development and Structural Planning (IRS) in Erkner, Germany.

Berlin, as an urban space of international significance, continues to stand in a direct spatial and functional relation to the structurally weak areas of the surrounding federal state of Brandenburg. As a consequence, the most diverse array of trajectories, resources, infrastructures, lifestyles and spatial interpretations demand new answers for place branding in metropolitan regions as future spaces of identity. The providing and conceptual integration of intermediaries in the field of knowledge‐based institutions plays a fundamental role in the spatial arrangement.

The paper asks for the preconditions to generate public brand‐knowledge. This knowledge is seen as the key factor for communicative re‐constructions and for identity building in disparate social spaces.

The deliberations try to give answers to the discussion of how far metropolitan place branding, as a worldwide future marketing prospect, can integrate old and new conceptual ideas about handling metropolitan disparities. The deliberations also implicate the question to what extent persuasive strategies for metropolitan brands have to observe limits. In this understanding, the paper gives five recommendations for place managers.

Processes of identity formation in social spaces follow certain comprehensive strategic paths and local particularities, whose concurrence becomes an object of metropolitan branding.

A relationship between governance and branding discourses within spaces of identity is discussed. It is here a matter of the fundamental question, namely, under which internal conditions social actors develop a spatial brand in a metropolitan region.

This study, applying different statistical techniques on survey data, depicts variables that increase the probability to export of a small enterprise. Our analysis shows that business linkages such as networks, joint ventures and subsidiaries play an important role in increasing the probability to export of small enterprises. In addition to that, access to information, access to capital and the level of education increase the probability of a small enterprise to be an exporter. Consequently, we suggest that a national small business strategy should incorporate an element of networking amongst small enterprises and that small enterprise programs should encourage intermediaries to assist not only with networks but also with international market intelligence.