排序方式: 共有32条查询结果,搜索用时 282 毫秒
21.
Adel Abed Rabbo Al Khattab Abdulkareem Awwad John Anchor Eleanor Davies 《Journal of Risk Research》2013,16(1):97-102
This paper describes and explains the use of political risk assessment techniques in Jordanian multinational corporations (MNCs). A multi‐method approach to collect data was followed. A self‐report questionnaire was delivered by hand to the general managers of all Jordanian MNCs which were identified as operating internationally. Semi‐structured interviews were used as a means of elaborating on the findings from the questionnaire. The study identified the extensive use of heuristic political risk assessment techniques (due to their flexibility, simplicity and low cost). Scientific techniques, on the other hand, were used by only a minority of MNCs. As has been the case in earlier studies, flexibility, simplicity and cost considerations were all found to be influential in this regard. However, the study also found that key decision‐makers in Jordanian MNCs believe that official data are subject to censorship and are therefore not reliable. This undermines the efficiency of using highly sophisticated scientific techniques. Since there are a number of other countries in the Middle East – and elsewhere – in which these considerations also apply, this finding has important implications for international businesses which operate in these countries, whatever their home country. 相似文献
22.
Firm value and investment policy around stock for stock mergers 总被引:1,自引:0,他引:1
We study a sample of publicly traded firms that expand by acquiring other firms in pure, stock-for-stock mergers. After these
mergers, we find that the diversification premium decreases for the acquiring firm due to having added a target firm trading
at a discount. Furthermore, the acquiring firm experiences a decrease in investment opportunities and a decrease in leverage.
This is an effect confined only to non-diversifying mergers. Our results indicate that the acquirer’s investment efficiency
at the firm level remains unchanged after the merger. 相似文献
23.
This paper proposes a new method in which banks and moneylenderscan link in rural credit markets. Banks and moneylenders, twoof the major lenders in rural credit markets, differ in theirinformation on borrowers and costs of funds. Due to informationconstraints, banks must deny further loans to borrowers whocannot repay a certain amount. In the linkage, these borrowersobtain loans from moneylenders, repay the banks, and have continuingaccess. We then evaluate conditions under which the linkagewould be preferred to bank competition and find that the linkagedominates for a wide range of parameters. In light of recentproposals to liberalize Indian banking, the analysis providesa cautionary note to the limits of introducing banking competitionin rural credit markets and provides an alternative. 相似文献
24.
This paper presents estimates of the competitive effects of trade liberalization on domestic pricing behaviour of Tunisian
manufacturing industries. The theoretical framework is based on a dynamic flexible adjustment model of price determination
in a small open economy. It investigates the process of adjustment in price level toward a desired level. The adjustment process
is both industrial and time-specific. The empirical results show that, in the long run, domestic price responds greatly to
import penetration, followed by demand pressure. There was a negative effect from import competition on domestic price. Trade
policy is a viable policy option to promote competitiveness. (JEL: C33, E31, F14, L60) 相似文献
25.
This paper suggests a modelling of the labelling procedure consistent with empirical observations, that allows the endogenous
calculation of labelling criteria. The authority in charge of the labelling program chooses the level of labelling criteria
so as to maximise the social surplus, anticipating competition between firms in environmental qualities and prices. While
accounting simply for the informational role of labels, this model allows to understand observed behavior such as firms’ ignorance
of a label, resistance, support or indifference of firms to the labelling program and the decision of the authority not to
set up a label.
Grateful thanks are due to Jean-Marc Bonnisseau, Antoine Soubeyran, Joan Canton and an anonymous referee for very helpful
comments and suggestions. 相似文献
26.
27.
A bstract The outcome of the negotiations between the Egyptians and the Americans and the Israelis reflected the balance of power between the negotiators in the period 1974-1979 But a realistic assessment of the forces at play at the beginning of negotiations in 1973 could have facilitated a fir more effective utilization of the Arab coalition power that was successfully marshalled for the 1973 military operation and for the brief political battle which ensued Anwar Sadat based his strategies on a highly personalistic assessment of the relevant policies of Israel and the United States, and of their respective relative power Sadat's decision-making and his ability to make concessions was facilitated by the authoritarian character of his rule The documentary record suggests that Egyptian decisions and negotiating strategies from Sinai to Camp David fundamentally reflected President Sadat's psycho-political perceptions and his highly personalized approach to diplomacy 相似文献
28.
Although prior research has identified ranked lists of cost/managerial accounting topics that may approximate a common body of knowledge for management accounting, these topics must exist within a specific educational context. The context, or educational framework, could include attributes other than technical accounting topics. This study, which provides the practicing management accountant's point of view, focuses on those other attributes. 相似文献
29.
A bstract . Anwar Sadat was generally praised by Western leaders and scholars for his vision, courage, and negotiating skills. A critical examination of the documentary record shows that at least as far as negotiations and decision-making, the dominant Western view is self-serving. The two Egyptian-Israeli disengagement agreements of 1974 and 1975 started Sadat on the road to the American-sponsored peace, the price of which Sadat must have known to be the establishment of an Egypto-American-Israeli strategic alliance at the expense of Egypt's traditional role in the Arab world. Having accepted this outcome Sadat allowed his alternatives to narrow and bargaining power to diminish until they almost exclusively and entirely rested on what the United States and Israel were prepared to offer. To the extent that the overall strategic goal of Henry Kissinger was to separate Egypt from Arab and Palestinian aspirations, and further isolate the "radical" forces in the region, thus weakening Soviet influence and paving the way for a settlement acceptable to Israel, the American negotiator achieved his goal, with hardly any opposition from Sadat. In fact, in his eagerness to accelerate his admission into the American camp, Sadat adopted a negotiating style and made concessions which surprised the Americans themselves. 相似文献
30.
Adel Al Khattab John R. Anchor Eleanor M.M. Davies 《International Business Review》2008,17(6):688-702
This paper investigates the determinants of the institutionalisation of political risk assessment (IPRA) within publicly traded international firms in Jordan. The aim is to contribute to the development of IPRA theory by identifying indicators of institutionalisation; by describing and explaining their determinants; and by investigating their relative importance. The paper also represents one of the first studies of political risk assessment of firms in a Middle East context.The study focuses on firm-specific characteristics and extends previous research by investigating firms’ size and degree of internationalisation. A survey strategy was adopted and self-administered questionnaires were distributed to the entire target population of Jordanian international firms. 44 usable responses were obtained (54.9%). Non-parametric statistics were used to test the research hypotheses.The main findings are that the level of institutionalisation of political risk assessment (PRA) within firms is significantly and positively correlated with a firm's total assets, international revenue and number of operating countries. Of the three significant determinants of institutionalisation, the number of operating countries is found to be the most important. The more countries in which a firm operates, the more likely it is to face significant risks, and so to institutionalise political risk assessment. 相似文献