Technological structure of trade and BOP-constrained growth in Turkey

This study investigates the empirical validity of the Multisectoral Thirwall's Law for Turkey over the last half century. Multisectoral Thirwall's Law facilitates the discussion of the effects of the sectoral composition of trade on the extent of the balance of payments (BOP) constraint and consequently on the long run growth prospects of an economy. In particular, structural change favoring sectors with Schumpeterian and Keynesian efficiencies is expected to improve these prospects. Lall's commodity classification on a technology basis is adequate for delineating such sectors. In this study, distinct export and import functions are estimated for primary production, low technology manufacturing, medium technology manufacturing and high technology manufacturing industries using the autoregressive distributed lag (ARDL) bounds test and Johansen approaches to cointegration. Resulting income elasticities are used to discuss the structural change in the technological content of Turkish trade and the validity of the Multisectoral Thirwall's Law. Results suggest that Turkey has come a long way in terms of improvements in Schumpeterian and Keynesian efficiency over the last 50 years and that the Multisectoral Thirwall's Law is empirically valid in the case of Turkey.     

The Effects of Team Flexibility and Emotional Intelligence on Software Development Performance

As both business and technological environments change at an increasing rate, flexibility and emotional intelligence have become critical issues for project management. Even though previous research has examined the relationship between team flexibility and team performance and that between the emotional intelligence of teams and team outputs, there remains a gap in literature in respect to a holistic model. Accordingly in this paper, we examine the relationships among software team flexibility, emotional intelligence, and software project outputs (market success, speed to market, and the functionality of the new software product) using survey data from 86 software development projects. The results reveal positive a relationship between the diversity dimension of software project team flexibility and emotional intelligence. The first dimension of software team flexibility, team autonomy, positively affected market success, speed to market, and software functionality, whereas the second dimension, team diversity, positively affected only speed to market and software functionality. The emotional recognition of team members for both themselves and their teammates appears to be another important factor affecting the speed to market and functionality of the new software products. Managerial and theoretical implications of the study are discussed.     

铁路运输企业会计信息质量研究

铁路运输企业会计是以铁路运输企业为会计主体的一种行业会计。铁路运输企业有不同于工商企业和其他运输企业的特点,这就决定了其会计信息质量要求与工商企业和其他运输业的会计信息质量要求不同,有其独特性。     

Examining the Effects of Moral Development Level,Self-Concept,and Self-Monitoring on Consumers’ Ethical Attitudes

This study investigates the possible effects of self-concept, self-monitoring, and moral development level on dimensions of consumers’ ethical attitudes. “Actively benefiting from illegal activities,” “actively benefiting from deceptive practices,” and “no harm/no foul 1–2” are defined by factor analysis as four dimensions of Turkish consumers’ ethical attitudes. Logistic regression analysis is applied to data collected from 516 Turkish households. Results indicate that self-monitoring and moral development level predicted consumer ethics in relation to “actively benefiting from questionable practices” and “no harm/no foul” dimensions. Actual self-concept is also a predictor variable in relation to “no harm/no foul” dimension. Age and gender make significant differences in consumers’ ethical attribute dimensions.     

主权CDS对欧元区主权债务危机的影响

本文概括了主权CDS是否影响欧元区主权债务危机的几种观点和研究,发现了其中的不足之处,并试图进行弥补。文章基于面板数据,在对样本区间和国家进行分组的基础上,用向量误差修正模型(VECM)检验了主权CDS息差与国债息差的价格发现过程,此外还用向量自回归(VAR)模型分析了各国主权CDS息差之间的传染效应。结果发现,虽然主权CDS在价格发现过程中占据领先地位,但是没有证据表明主权CDS与主权债务危机之间存在必然的联系,而各国债务危机之间确实存在传染效应。     

Regime-Dependent Effect of Crude Oil Price on BRICS Stock Markets

In this study, the dynamic relation between global crude oil prices and stock prices is investigated in terms of crude oil-exporting and -importing countries. The relationship between crude oil prices and stock prices is examined for BRICS countries (Brazil, Russia, India, China, and South Africa) for the periods of January 1995 to December 2016 by means of the Markov Switching Vector Autoregression (MS-VAR) model. The impulse-response analysis results suggest that the responses of the stock market to an oil price shock vary over the regimes for all countries. Specifically, we find that the responses of the stock market to an unexpected oil price shock are positive and statistically significant in the high-volatility regime in all countries except for China, and these results suggest that the increase in oil prices may be evaluated by demand-side shock in these countries.     

The framework of a global company: A conceptualization and preliminary validation

Clearly, a substantial challenge for multinational corporations (MNCs), in the current environment of intensified competition and rapid industry consolidation, is one of much greater worldwide integration. Necessitated by intense competitive pressures, MNCs are integrating their disparate country operations in order to achieve economies across markets and operating units. This article integrates the motives and facilitators of the progression towards commonality in practices and metrics across subsidiaries and affiliates into a comprehensive framework of a global company. Preliminary results from a pilot study of the characteristics of common global practices among a sample of MNCs are presented as an initial validation of the conceptualization. The article also explores the benefits MNCs derive from the implementation of common practices across their worldwide operations, in pursuit of a global strategy.