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1 – 10 of over 31000Lucia Gibilaro and Gianluca Mattarocci
This paper aims to collect data from a unique database provided by LendInvest and to study the key differences in the lending features for the two types of lending solutions.
Abstract
Purpose
This paper aims to collect data from a unique database provided by LendInvest and to study the key differences in the lending features for the two types of lending solutions.
Findings
Peer-to-peer (P2P) loans are prevalently short-term financing solutions (bridge financing), and the size of the loan is above average of the market. The loan portfolio is normally more geographically concentrated with respect to the average for the overall market and the main geographical areas for P2P lending are not just the main markets served by traditional lenders. Areas served by P2P lending have a lower population income than the national average and are characterized by below-average real estate price performance.
Research/limitations/implications
The results support the hypothesis of a complementary relation between conventional and P2P lending, showing that the latter represents a solution that is servicing areas that, because of the lower value of the collateral and lower average income, do not have easy access to the traditional mortgage market.
Originality/value
The paper is a first empirical contribution on the analysis of the market served by P2P real estate lending financing solution.
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David Treacy, John P. Spillane and Paul Tansey
This paper aims to identify the critical factors causing construction disputes in small to medium enterprises (SMEs) in Ireland during the recent recession period from 2007 to…
Abstract
Purpose
This paper aims to identify the critical factors causing construction disputes in small to medium enterprises (SMEs) in Ireland during the recent recession period from 2007 to 2013.
Design/methodology/approach
This study used a mixed-method approach incorporating a literature review, case studies and questionnaire survey, with results analysed using exploratory (data reduction) factor analysis.
Findings
The results indicate seven core critical factors which result in construction disputes in SMEs in Ireland during a recession: payment and extras; physical work conditions; poor financial/legal practise; changes to the agreed scope of works; time overrun; defects; and requests for increase in speed of project and long-term defects.
Research Limitations/implications
With Ireland emerging from the current economic recession and the prevalence of SMEs in the construction sector, it is essential to document the core critical factors of construction disputes which emerge within this particular segment of the built environment.
Practical Implications
To address the adversarial nature of the construction sector and the prevalence of SMEs, it is essential to identify and document the critical factors of construction disputes within this remit. It is envisaged that the results of this research will be acknowledged, and the recommendations adopted, by construction SMEs, particularly within Ireland, as they emerge from the economic recession.
Originality/value
This paper fulfils a gap in knowledge with the emergence of the economic recession and the identification of critical factors of construction dispute within SMEs in the Irish construction industry.
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The aim of this paper is to explore how micro‐enterprises interact with public procurement systems. The paper seeks to give public procurement managers a better understanding of…
Abstract
Purpose
The aim of this paper is to explore how micro‐enterprises interact with public procurement systems. The paper seeks to give public procurement managers a better understanding of how micro‐enterprises approach the procurement process.
Design/methodology/approach
The sample consists of microenterprises competing for public procurement contracts in Ireland. The data are firstly submitted to principal component analysis to identify a set of factors that represent the public procurement process. This is later used to create four distinct clusters which describe how suppliers interact with the process.
Findings
A typology of four interaction patterns is generated from the data. This shows that small firms weight the three phases of the procurement process differently. The data support and extend the argument that small firms are not a homogeneous group and illustrate that small firms use divergent strategies when competing for procurement contracts.
Research limitations/implications
The practical implications of the research include the need to assess the potential for buyer‐supplier mentoring in order to develop relational competency in public procurement. The firms investigated are domiciled in Ireland and therefore generalisability of the findings may be limited. The scope of the study is restricted to micro‐enterprises only.
Originality/value
The paper demonstrates that pre‐tender engagement is a necessary condition for small suppliers to achieve above average bid outcomes. The paper offers insights to public buyers, teams and managers as to the importance of engaging with suppliers to achieve mutually beneficial outcomes.
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David McKevitt and Donna Marshall
The purpose of this paper is to present findings from longitudinal case studies of small firm mentoring relationships in Ireland. The rationale is to explore the gaps between the…
Abstract
Purpose
The purpose of this paper is to present findings from longitudinal case studies of small firm mentoring relationships in Ireland. The rationale is to explore the gaps between the theory and practice of small firm mentoring.
Design/methodology/approach
The paper uses a comparative case study design involving interviews, observation and secondary sources of evidence including business plans.
Findings
In contrast to the literature the paper extends the role of mentors in the small firm context as offering direct and indirect support, which reduces uncertainty in order to increase legitimacy of the business entity.
Research limitations/implications
The cases highlight a conflict between the broad theoretical scope of the mentor process vs a narrow role assumed by best practice.
Practical implications
The research presents an opportunity to enhance the pragmatic vs paternalistic perspective of small firm mentoring. The authors argue that for mentoring theory to be useful then a mentor’s role-set in small firms may be wider and should be more direct than mentors in large corporations.
Originality/value
The emergent theoretical framework combines organisational learning and decision-making theories. The paper contributes to the theoretical development of mentoring by extending the range and defining the role of mentors in the context of small firms.
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Sagar Suresh Gupta and Jayant Mahajan
Introduction: Lending is an age-old concept, and Peer-to-Peer (P2P) lending is not new. The reduction in the issuing of loans by banks has made people switch from traditional to…
Abstract
Introduction: Lending is an age-old concept, and Peer-to-Peer (P2P) lending is not new. The reduction in the issuing of loans by banks has made people switch from traditional to online mode. The introduction of the online P2P lending industry is in its nascent stage of growth. As this industry is relatively new, understanding user experience, sentiments, and emotions would be helpful for the industry to innovate as per customer requirements.
Purpose: To explore the patterns in the sentiments expressed by users of ‘Cashkumar’ based on Google reviews.
Methodology: Sentiments have been analysed using user experience in risk, cost, ease of use, and loan processing time. Python application was used for sentiment analysis of Google reviews.
Findings: The sentiment analysis results showed that the average sentiment score was 0.7144, which indicates that the user sentiment towards ‘Cashkumar’ is positive. The reviews reflect that the users, especially borrowers were satisfied with the platform’s services and happy with loan processing time. The other factors – ease of use, cost, and risk – were not given much importance by users. Both lenders and borrowers faced a few issues, but the results of the lender’s sentiment analysis could not be generalised due to a smaller number of posted reviews.
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Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18;…
Abstract
Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property Management Volumes 8‐18; Structural Survey Volumes 8‐18.
Index by subjects, compiled by K.G.B. Bakewell covering the following journals: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property Management…
Abstract
Index by subjects, compiled by K.G.B. Bakewell covering the following journals: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property Management Volumes 8‐18; Structural Survey Volumes 8‐18.
Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18;…
Abstract
Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property Management Volumes 8‐18; Structural Survey Volumes 8‐18.
Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18;…
Abstract
Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property Management Volumes 8‐18; Structural Survey Volumes 8‐18.