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1 – 3 of 3Recep Kok and Bernur Acikgoz Ersoy
The purpose of this paper is to investigate the best determinants of foreign direct investment (FDI) in developing countries.
Abstract
Purpose
The purpose of this paper is to investigate the best determinants of foreign direct investment (FDI) in developing countries.
Design/methodology/approach
This paper investigates whether FDI determinants affect FDI based on both a panel of data (FMOLS‐fully modified OLS) and cross‐section SUR (seemingly unrelated regression) for 24 developing countries, over the period 1983‐2005 for FMOLS and 1976‐2005 for cross‐section SUR.
Findings
The interaction of FDI with some FDI determinants have a strong positive effect on economic progress in developing countries, while the interaction of FDI with the total debt service/GDP and inflation have a negative impact. The most important determinant of FDI is the communication variable.
Research limitations/implications
The limitations of the study are based on the development of data set which could be found uninterrupted for 30 years in 24 developing countries.
Originality/value
The main objective of this study is to define the main FDI determinants that show the capital flows to developing countries in a globalization framework. The secondary objective of this study is to assign countries' convergence by using the same FDI determinants. FDI flow is one of the main dynamics of globalization phenomenon thus FDI flow determinations will contribute to countries' process of political development.
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Keywords
Seda Yildirim, Ali Acaray and Burcu Candan
The purpose of this paper is to find out whether there was a significant relationship between marketing culture and organizational commitment. In addition, relations between…
Abstract
Purpose
The purpose of this paper is to find out whether there was a significant relationship between marketing culture and organizational commitment. In addition, relations between dimensions or marketing culture and dimensions of organizational commitment were investigated. Prior studies have shown that there were significant relationships between organizational culture and organizational commitment. Accordingly it is that there is a significant relationship between marketing culture and organizational commitment.
Design/methodology/approach
This research collected data via survey method in Istanbul, Turkey. The survey forms were implemented to employees who were selected by convenience sampling method from one private bank’s agencies and 318 employees participated to the survey implementation.
Findings
With the help of canonical correlation analyze, it was found out that there was a significant relationship between marketing culture and organizational commitment. Accordingly the main hypothesis was supported. Also relations between dimensions of marketing culture and dimensions of organizational commitment were concluded through their canonical loadings.
Research limitations/implications
This study used two main scales from the literature to determine marketing culture and organizational commitment. For marketing culture, Webster’s (1990) marketing culture scale was preferred to determine marketing culture of employees. Organizational commitment was evaluated in three basic dimensions as affective commitment, continuance commitment and normative commitment according to Meyer and Allen’s (1997) scale. For future studies, different types of scales can be used differently in another service sector or business. The results can give some useful information essentially for managers from banking sector.
Originality/value
This study has an important originality as being the first one that investigates the relationship between marketing culture and organizational culture in a related literature. So it is thought to show significant relations between marketing culture’s factors and organizational commitment’s factors.
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Caroline Nicholas and Michael Fruhmann
This paper will consider the rationale and effectiveness of SMEsupport policies in the award of public procurement (PP) contracts. One group of economic justifications for SME…
Abstract
This paper will consider the rationale and effectiveness of SMEsupport policies in the award of public procurement (PP) contracts. One group of economic justifications for SME policies derives from the notion that awarding PP contracts to SMEs (and micro-enterprises) encourages innovation, entrepreneurship and so contributes to job creation, economic growth and can support local and regional developments to the benefit of wider society. The link between SMEs, innovation and economic growth has often been assumed in PP policy-making. While some studies show higher growth rates in small than larger firms, others indicate, to the contrary, that many micro and small enterprises, and particularly informal businesses, are not actively seeking to grow. This paper will assess how effective SME policies may be, and questions the extent to which they are properly evaluated.