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S.D. NaudéT.E. Kleynhans A. van NiekerkF. Ellis J.J.N. Lambrechts 《Land use policy》2012,29(3):614-628
A land transaction is generally not a recurring action for most buyers and sellers, their experience and knowledge are limited, for this reason the services of property agents and valuers are sometimes used, just to get more information available. The condition of insufficient information and the inability to observe differences in land productivity gives rise to the undervaluation of good land and overvaluation of poor land. The advent of the Internet made access to comprehensive information sources easier for property agents and valuers whose critical time and resources can now be effectively managed through Geographic Information System (GIS) integrated workflow processes. This study aims to develop the blueprint for a farm valuation support system (FVSS) that assists valuers in their application of the comparable sales method by enabling them to do the following: (1) Rapid identification of the location of the subject property and transaction properties on an electronic map. (2) Comparison of the subject property with the transaction properties in terms of value contributing attributes that can be expressed in a spatial format, mainly (a) location and (b) land resource quality factors not considered in existing valuation systems that primarily focus on residential property. An algorithm, that generates an index value, was developed to allow easy comparison of the land of a subject property and that of transaction properties. This index value distinguishes the proposed FVSS from other existing property valuation systems and can therefore be used by valuers as a first approximation of a property's soil suitability, before doing further field work. The FVSS was successfully developed and tested, primarily using data obtained in the Western Cape, South Africa. 相似文献
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Bilal Latif Wim Voordeckers Frank Lambrechts Walter Hendriks 《Business ethics (Oxford, England)》2020,29(3):629-645
This study investigates the effect of multiple directorships on firm performance, using a database of non‐financial firms listed on the Pakistan stock exchange. Prior literature provides inconsistent evidence on the relationship between multiple directorships and firm performance in an emerging country context, which may be the result of overlooking both the large differences in institutional environments among emerging countries and the dynamic endogenous relationships between board variables and firm performance. We aim to contribute to this academic debate by focusing on directorship appointments to multiple boards in a weak institutional context. Corporate governance practices, such as boards with outside directors exercising their fiduciary duties, are crucial for effective governance in weak institutional environments. However, serving in multiple directorships is expected to compromise the execution of director duties. Using a dynamic system Generalized Method of Moments model, our findings show, indeed, a negative effect of multiple directorships on firm performance in a weak institutional environment. Building on the premise that corporate governance is conditional in nature, we also tested the moderating influence of firm size on this relationship, but we did not find supporting evidence in a dynamic model setting. Our results have important practical implications for policy makers as well as firms. 相似文献
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Cees J. Gelderman Jos Schijns Wim Lambrechts Simon Vijgen 《Business Strategy and the Environment》2021,30(4):2061-2076
Many companies have developed a green marketing strategy, aimed at promoting and selling green environmental products. While the majority of articles on this topic report on studies in a business-to-consumer setting, this research focusses on the impact of green marketing strategies on the satisfaction and loyalty of professional buyers in a business-to-business setting. Hypotheses were tested with survey data from 148 Dutch professional purchasers in the cleaning industry. The results emphasize the impact and importance of product quality, product price and corporate image. The most notable and strong impact on satisfaction and loyalty was found for the salesperson expertise. 相似文献
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This paper relates the origin, the principles and the evolution of the financial participation in HBK-Spaarbank. This participation in the capital is concretized by the cooperative company Personnel Cooperative HBK. Founded in 1979, this cooperative company which represents all workers of HBK-Spaarbank has now become a very significant shareholder. At present it owns 22.50 % of the capital of the savings bank. 相似文献
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Maarten Vandewaerde Wim Voordeckers Frank Lambrechts Yannick Bammens 《Journal of Business Ethics》2011,104(3):403-420
In the slipstream of several large-scale corporate scandals, the board of directors has gained a pivotal position in the corporate
governance debate. However, due to an overreliance on particular methodological (i.e. input–output studies) and theoretical
(i.e. agency theory) research fortresses in past board research, academic knowledge concerning how this important governance
mechanism actually operates and functions remains relatively limited. This theoretical paper aims to contribute to the promising
stream of research which focuses on behavioural perspectives and processes within the corporate board, by delving into one
of the research areas perhaps plagued most by these predominant approaches: board leadership. In adopting a team perspective
on the board of directors our study goes beyond traditional board leadership research, which has turned a blind eye on actual
leadership dynamics, by examining leadership processes and behaviours inside the board team. Specifically, we develop a conceptual
framework addressing a novel and ethical approach to team leadership within the board, i.e. shared leadership, which has previously
been demonstrated to result in performance benefits in various other team settings. 相似文献
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Oil and gas companies are experiencing an increase in terrorist attacks. The industry became a legitimate target for terrorist groups in the 1990s and the number of attacks have increased yearly, with a spike after the 9/11 attacks. In today’s interconnected world, political risk is not only about the relationship between the host government and the company. Oil and gas companies may experience risks on a transnational, national and human security level. The success of new investments often depends on the successful utilization of risk management strategies. This study focuses on the importance of political–security risk in the oil and gas industry. In January 2013, the oil and gas industry experienced one of its deadliest attacks at the In Amenas gas facility in Algeria, forcing firms to reconsider its focus on security management. Statoil undertook a thorough analysis of security at the site as well as of the company′s corporate security risk management. The report revealed a lack of focus on political–security risk. This study argues that political–security risk has not been used to its full potential in the oil and gas industry. The oil and gas industry has always focused on site security, but a broader more holistic approach to risk management has been lacking. As a result of the In Amenas incident, the industry has become more willing to have a new discussion on security and this has resulted in changes in the way companies operate. 相似文献
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