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1.
Persistent misalignments of the European exchange rates: some evidence from non-linear cointegration
The asymmetric and persistent adjustment of the European real exchange rates is investigated using the framework of non-linear cointegration. The episodes of slow mean-reversion dynamics over the period from 1979 to 1999 are explained. A test of unit root against STAR cointegration is proposed and some complete estimations and stochastic simulations of ESTAR models are presented. The presence of effective non-linear adjustment during the moving of the currencies to their long-run fundamental equilibrium exchange rate value is discussed. 相似文献
2.
Patricia GAZZOLI Christian JETTÉ Valérie CHAMBERLAND Lucie DUMAIS Yves VAILLANCOURT 《Annals of Public and Cooperative Economics》2014,85(2):165-191
Philanthropic foundations are the object of little research in Canada and Quebec. Our article recognizes the role of these organizations, as well as the presence of powerful new foundations, rich in assets and donations. This article consists of three parts. The first part presents a theoretical review of the American literature published from 2000 on. The second part examines data that we extracted from three main repertoires. Though informative, these repertoires tend to classify Canadian and Quebec foundations in categories that are mostly fiscal and legal and tend to break them down as public or private foundations. We therefore question the limits of studies based on such categories. In the third part of the article we propose a theoretical framework based on a sociopolitical point of view in an attempt to transcend the binary approach. Our approach borrows from the concepts of social and solidarity economy (SSE) and plural economy in order to better understand the new institutional arrangements in which foundations operate. This theoretical framework allows us to analyse foundations as actors of the SSE even though they might not reproduce automatically the principles and the values of the SSE in their behaviours. On the contrary, from the standpoint of a plural economy we may be in a better position to develop a sound sociopolitical analysis of diverse configurations and hybrid forms resulting from emulations or transactions between the principles of the social and solidarity economy (reciprocity), the private economy (competition) and the public economy (redistribution). 相似文献
3.
Valérie Pattyn 《Public Management Review》2013,15(10):1475-1495
AbstractThe objective of the article is to identify the conditions that best explain organizational variance in policy evaluation regularity. Relying on the innovative Most Similar Different Outcome/Most Different Similar Outcome technique, we examine the explanatory ability of a range of organizational attributes applied to eighteen Flemish public sector organizations (Belgium). The conditions that relate to the source of evaluation demand, in its broadest sense, are of key importance. We refer to the role of the sector minister and other organizations in demanding evaluations, as well as to the media and parliamentary attention and the influence of EU evaluation clauses. 相似文献
4.
Information Technology is often viewed as imposing too much standardization and limiting flexibility in New Product Development (NPD). This paper aims at understanding how the use of Product Lifecycle Management Technology (PLM) contributes to knowledge sharing in an international NPD environment. The research is based on a longitudinal case study of a consumer goods industry group and involved development teams in Europe and local suppliers in China. Knowledge transfer and translation were observed through the reduction of communication glitches among members and increased NPD work with Chinese suppliers. The results of the case study indicate that (1), with an important codification effort, the use of PLM technology resulted in higher data and network transparency and enhanced knowledge transfer; (2) PLM served as a particularly useful tool for knowledge translation especially for boundary spanners in their work relationships. While PLM can be considered the main mechanism for knowledge transfer in this context, the case suggests that knowledge translation requires a boundary spanner intervention and that, with the use of PLM, they reinforce each other. Particularly noteworthy was a positive shift in the boundary spanners' roles from the project leader to the outsourcing engineer. In turn, this unintended consequence reinforced their credibility and the legitimacy of the use of the system with the Chinese suppliers. 相似文献
5.
Ignasi Capdevila;Valérie Mérindol; 《R&D Management》2024,54(2):243-260
Research about the emergence of communities has mainly focused on a single context of interaction, either physical or virtual. To uncover the relationships between different contexts (physical, cognitive, and virtual), the article investigates the progressive construction of different communities linked to collaborative spaces. Through a qualitative research based on a multiple case study, our analysis presents four distinct patterns of evolution, where different contexts were sequentially used, that continuously consolidated and enlarged the initial community. The results have significant implications not only to better understand community-based collaborative dynamics, but they also offer useful insights about how to successfully develop and manage collaborative spaces for R&D and innovation activities. 相似文献
6.
This paper explores the managerial challenges facing firms seeking to build relationships with other network actors while doing business in foreign markets. By taking a critical perspective on an area of increasing importance in both manufacturing and service sectors, that of value co-creation, the paper explores how managers in different cultural contexts make sense of the notion of ‘value’ in inter-organizational B2B relationships between New Zealand service and service-infused supplier firms and buyers in China and India. From an analysis of the interview-based accounts on both sides of the buyer–seller dyad marked differences emerge regarding value-creation within managers' discourse around partnerships, collaboration and cooperation. Our findings suggest that the Indian manager's discursive use of ‘partnership’ draws on service-dominant logic in viewing this type of interaction as a means for co-creating value; they and their New Zealand suppliers are jointly involved in co-creating value within a service system, creating value-in-use. In contrast, the predominant perspective seen in the discourse of Chinese managers is the use of cooperation as a means of making transactions more cost-effective, or to fill gaps in their supply chains, resulting in the creation of transaction-based, co-production of value, which suggests a value-in-exchange orientation. In both cases, there is repeated reference to more peripheral actors whose efforts result in what we interpret as network value creation, based on their interactions with actors within the buyer–seller dyad. 相似文献
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8.
The number of distributors selling Fair Trade products is constantly increasing. What are their motivations to distribute Fair Trade products? How do they organise this distribution? Do they apply and communicate the Fair Trade values? This research, based on five case studies in Switzerland, aims at understanding and structuring the strategies and the managerial practices related to Fair Trade product distribution, as well as analysing if they denote an engagement with Fair Trade principles. The results show a high heterogeneity of strategies and engagement. In general, strategies implemented by mainstream actors contribute to increase Fair Trade global sales but do not convey the transformative message of Fair Trade through their engagement. The latter is rather communicated through alternative channels. Problems and potential solutions to this issue are discussed. 相似文献
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This article introduces an integrative framework of corporate social responsibility (CSR) design and implementation. A review
of CSR literature – in particular with regard to design and implementation models – provides the background to develop a multiple
case study. The resulting integrative framework, based on this multiple case study and Lewin’s change model, highlights four
stages that span nine steps of the CSR design and implementation process. Finally, the study identifies critical success factors
for the CSR process. 相似文献
10.
Flávio de Freitas Val Antonio Carlos Figueiredo Pinto Claudio Henrique da Silveira Barbedo 《新兴市场金融与贸易》2018,54(11):2577-2595
This article examines the relationship between the monetary policy implemented by the Central Bank of Brazil and the stock market. We implement event study analysis and analyze the effect of the anticipated and unanticipated components of monetary policy decisions on the returns of the IBOVESPA index and 53 stocks. We find that monetary policy has a significant effect on the stock market, but is only responsible for a small proportion of market variation. The analysis at the sector level with expected returns identifies that the financial sector is the most affected by this policy, whereas with excess returns only industrial goods are significantly affected. Moreover, individual assets respond in a rather heterogeneous fashion to monetary policy; however, when we look at excess returns, we identify a reduction in the intensity and in the number of companies impacted by monetary policy. Finally, the monetary shock is explained by unanticipated variations in the unemployment rate, in the Industrial Production Index, in the General Market Price Index, and in the Broad Consumer Price Index. 相似文献