Archive | Volume IV / 2014
Posted on 15 December 2014. Tags: Dynamic OLS, Economic Liberalization, Nigeria, Telecommunication Sector Performance
In this paper, we examined the empirical relationship between economic liberalization and telecommunication sector performance in Nigeria between 1986 and 2010 using the Stock and Watson (1993) Dynamic Ordinary Least Square (DOLS) technique. The study utilized secondary data and they were sourced from Nigeria Communication Commission (NCC), Central Bank of Nigeria (CBN) Statistical Bulletin and […]
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Posted in Economics, Information Technology, Volume IV, Issue no. 6
Posted on 15 December 2014. Tags: Knowledge worker, shift-share analysis, Technological progress; International trade
Academia and industry agree on the importance of knowledge worker workers in emerging economy or new industrial country for economic growth. Understanding the changing nature of knowledge workers in an industry-level analysis is helpful to formulate industry policy. This study aims to investigate the changing of knowledge workers in Taiwan 20 manufacturing industries during 1988-2005. […]
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Posted in Knowledge Management, Volume IV, Issue no. 6
Posted on 15 December 2014. Tags: information technology, Leader-Member Exchange, Servant Leadership, Tacit Knowledge Sharing, Trust
Tacit knowledge is an organizational resource that is difficult to cultivate. It requires that responsible agents in the organization take an active role in encouraging trust and the development of relationships where individuals feel that their voice will be heard and that there will be a benefit from them passing knowledge onto someone else. In […]
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Posted in Economics, Knowledge Management, Volume IV, Issue no. 6
Posted on 15 December 2014. Tags: Benefits, change, e-government, investments, Revenue & Customs
E-Government could be perceived as a driving force for the use of Information and Communication Technology in the transformation of governmental operations. From the governmental perspective it is essential that the transformed operations would be more efficient and effective. In this study using a series of interviews and thus a qualitative research methodology we further […]
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Posted in Information Technology, Volume IV, Issue no. 6
Posted on 15 December 2014. Tags: Debt, External financing, Growth
The objective of this study is to identify the effect of external debt on economic growth; we used the debt service as percentage of exports and debt indicators in the first and second degree. The econometric estimation showed that the sign of the coefficient of debt is positive and the debt squared is negative, and […]
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Posted in Economics, Volume IV, Issue no. 6
Posted on 15 October 2014. Tags: direct/indirect taxes, funding sources, predictability, property, tax optimization, taxation, taxation institutions, taxation mechanism, taxation policy, taxation system, taxpayer
To ensure the appropriate level of financial resources to support state institutions and activities is an ongoing concern. However, the problem had always been the extent to which the expandable portion of state revenues that can be collected without irreparably harming economic development and the social condition of the population owning material and financial goods, […]
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Posted in Economics, Volume IV, Issue no. 5
Posted on 15 October 2014. Tags: circuits, flows, method, structures, tourism operators, tourism organization, tourism resources
Our approach is based on the obvious fact that global tourism has turned into a large-scale phenomenon that has been always creating new challenges with a major impact on the economic and social development. Thus, tourism has increasingly become a main economic sector with great potential, whose operation requires an efficient management. As is well […]
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Posted in Economics, Volume IV, Issue no. 5
Posted on 15 October 2014. Tags: adjusting the financial statements, financial statements, reporting period, subsequent events
The events after the balance date are those events, favorable and unfavorable, that occur between the balance date (the end of the reporting period) and the date at which the annual financial statements are authorized for issue by the executive management of the entity (e.g. Board of Directors). We identify two types of events: events […]
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Posted in Economics, Volume IV, Issue no. 5
Posted on 15 October 2014. Tags: Home Equity Reverse Mortgage, Local Government, Official Website
The purpose of this study discusses the comparison of local government official website disclosure the home equity reverse mortgage pilot program. The content adopts content analysis and method of interactive reply to test the speed of interaction and content between local government and people. The study found that people could acquire relevant information in small […]
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Posted in Economics, Information Technology, Volume IV, Issue no. 5
Posted on 15 October 2014. Tags: Cash conversion cycle, Cash ratio, Dividend payout ratio, DOH, DPO, DSO, Earnings per share, EBITDA per person, Financial gearing, Financial leverage index, quick ratio, ROE, ROI, Sales margin, Sales per person
This article focuses on analyzing of a consolidated financial statements of a hypothetically SME. The interpretation of the financial position and performances is based on the more than 40 financial key ratios computed by using financial data from consolidated income statement, consolidated financial position and cash flow. However additional data from notes to financial statements […]
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Posted in Economics, Volume IV, Issue no. 5
Posted on 15 October 2014. Tags: Cost efficiency, market concentration, Mergers and Acquisitions, non-performing loans, profit efficiency, risks and asset quality, stochastic frontier analysis
By using stochastic frontier analysis (SFA) approach to measure the cost and profit efficiency for data of 45 Vietnam commercial banks over the years from 2007 to 2012, this paper highlights risk and asset quality factors related to cost and profit inefficiency of the banks. Besides, cost inefficiency seems to be strongly related to bank […]
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Posted in Economics, Volume IV, Issue no. 5
Posted on 15 October 2014. Tags: ECB, monetary policy, price, Shock
This article examines the effects of the European Central Bank’s (ECB’s) monetary policy on the economy in the Euro area. Existing studies have not conclusively determined whether the effects of the policy are large or small, effective or ineffective. Also, the difference between policy interest rate increases and decreases has not been fully studied. Using […]
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Posted in Economics, Knowledge Management, Volume IV, Issue no. 5
Posted on 15 August 2014. Tags: econometric regression, inflation, method, monetary phenomenon
Inflation, as a monetary phenomenon, is viewed by monetarists occurring as a result of supply of currency growing faster than the economic output. Research endeavours aimed at understanding the inflationary process among countries have witnessed major advancements in modelling short-term inflation dynamics”. The literature on the Phillips Curve, which is the “modern view of inflationary […]
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Posted in Economics, Volume IV, Issue no. 4
Posted on 15 August 2014. Tags: Benefits, change, e-government, investments, Revenue & Customs
E-Government could be seen by and large as the use of Information and Communication Technology in the transformation of governmental. When you look it from the governmental perspective it is essential that the transformed operations should be more efficient and effective. In this study using a qualitative research methodology and respective instruments we the introduction […]
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Posted in Economics, Volume IV, Issue no. 4
Posted on 15 August 2014. Tags: bank channel lending, long-run cointegrating relationship, money supply endogeneity, securitization
In this paper I examine the endogenous money supply hypothesis in the Euro Area using data from 1999 to 2010. In doing so, I make extensive use of Vector Auto regression models (VAR) with Granger causality procedure to analyze non-cointegrated series and Vector Error Correction models (VECM) for cointegrated series. The cointegration analyses reveal a […]
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Posted in Economics, Volume IV, Issue no. 4
Posted on 15 August 2014. Tags: corporate rules and regulations, Ethics audit, information technology (IT), internet safety, stakeholders
The aims of this article are to test how does enhanced ethics audit model as a new tool for management in Estonian companies work and to investigate through ethics audit model the hidden ethical risks in information technology which occur in everyday work and may be of harm to stakeholders’ interests. Carrying out ethics audit […]
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Posted in Economics, Volume IV, Issue no. 4
Posted on 15 August 2014. Tags: accounting information, accounting models, accounting policies, accounting principles, accounting result, current cost, depreciation, evaluation, fair value, historical cost, present value, realizable value
The approach of this topic suggested to us by the fact that currently, it persists a controversy regarding the elements that influence decisively the qualitative characteristics of useful financial information. From these elements, we remark accounting models and concepts of capital maintenance in terms of the accounting result, which can be under the influence of […]
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Posted in Economics, Volume IV, Issue no. 4
Posted on 15 August 2014. Tags: accounting information, accounting policies, competition, costs, efficiency, infrastructure, management, Performance, satisfaction, taxation, tourism
I have taken this theme into discussion, because I consider if of great actuality. Thus, though it is unanimously admitted the fact that the Romanian tourism is a branch of the national economy with a huge potential, and, at official level, it is considered to be a priority domain, its performance is not satisfactory yet. […]
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Posted in Economics, Volume IV, Issue no. 4
Posted on 15 August 2014. Tags: current assets, current liabilities, current ratio, days of sales outstanding (DSO), days payables outstanding (DPO), fixed asset turnover, fixed assets, inventory turnover, quick ratio, ROA, ROE, working capital turnover
This article focuses on computing techniques starting from trial balance data regarding financial key ratios. There are presented activity, liquidity, solvency and profitability financial key ratios. It is presented a computing methodology in three steps based on a trial balance.
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Posted in Economics, Volume IV, Issue no. 4
Posted on 15 August 2014. Tags: energy, energy efficiency, environmental protection, fossil fuels
The energy sector is one of the most important sectors of activity, with an significant impact both on the economy and also on the environment. This paper aims to analyse and evaluate the major economic and environmental issues associated with the energy sector. Among the environmental aspects are analysed those related with the extraction, transport […]
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Posted in Economics, Volume IV, Issue no. 4
Posted on 15 June 2014. Tags: 3D printing, 3D technology, ethical, intellectual property, legal, patent law, product liability, repair and reconstruction, trademark
Ethical and legal uses of technology should be addressed when a new technology gains popularity. The main focus of this research is to provide a detailed discussion of the legal and ethical issues pertaining to the use of 3D technology. Recent court cases provide examples of current and potential concerns associated with this technology from […]
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Posted in Economics, Volume IV, Issue no. 3
Posted on 15 June 2014. Tags: implementing information systems, IT strategies, management organization efficiency, small and medium enterprises
This paper tries to analyze the ways of perfecting management at SMEs level by an intensive use of informatics technologies, in the context of implementing the information society and the 2020 digital agenda. Large volumes of data, the complexity of its administration and processing procedures, the high demands related to the computer system providing in […]
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Posted in Economics, Information Technology, Volume IV, Issue no. 3
Posted on 15 June 2014. Tags: PPPs, Project Delivery and Mechanism Design, Social Needs
According to statistics of the Federal Ministry of Works Nigeria (2012), total road network in Nigeria currently stands at approximately 195,000 Kilometers, with the Federal, State and Local Governments responsible for 22, 21 and 51 percent of this network respectively. In another report, The Central Bank of Nigeria (2011) also states that Nigeria needs to […]
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Posted in Economics, Volume IV, Issue no. 3
Posted on 15 June 2014. Tags: Bosnia and Herzegovina, Cloud Computing, Compliance, Data Protection, Information Security
The rapid emergence of cloud computing has raised concerns about its legal and regulatory implications. Issues of data protection and security are among the concerns most frequently mentioned by potential cloud customers. If sensitive company data are stored, processed or transmitted in a cloud environment, data protection and other laws will apply to that environment […]
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Posted in Information Technology, Volume IV, Issue no. 3
Posted on 15 June 2014. Tags: AIM, Dot-com boom, intangible assets, Internet company, IPO
The Alternative Investment Market (AIM) is characterized by the presence of numerous firms operating in sectors with a high rate of technological innovation. In this research we will deal with IPOs about companies active in the sector of Information Technology and Software & Computer Services. The purpose of the research is testing the market’s ability […]
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Posted in Economics, Information Technology, Volume IV, Issue no. 3
Posted on 15 June 2014. Tags: competitiveness, knowledge management, organizational excellence, organizational learning, public sector
Organizations worldwide are showing increasing interest in knowledge management practices to address the contemporary challenges of today’s digital age. Knowledge is becoming a critical core asset to sustain competitive advantage and as a vehicle for continuous improvement and innovation. However, most of the developments in the knowledge management field are driven by international organizations or […]
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Posted in Knowledge Management, Volume IV, Issue no. 3
Posted on 15 April 2014. Tags: economic growth, Electricity Consumption, Emerging Economies, Time-Series Analysis
Emerging economies have grown much faster than the advanced countries during the past decades. This study investigates the relationship between economic growth and electricity consumption in the emerging economies during the period 1970-2011 by using Pedroni, Kao and Johansen co-integration tests and Granger causality tests. We found that electricity consumption had a positive impact on […]
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Posted in Economics, Knowledge Management, Volume IV, Issue no. 2
Posted on 15 April 2014. Tags: medical career, personal branding, Romanian medical system
The main purpose of the paper is to illustrate the actual and current situation of the human resources within the Romanian medical system. The objective is to reflect the main aspects regarding the beginning and the development of the medical career for the young doctors in Romania. Furthermore, we will reveal the results of a […]
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Posted in Economics, Volume IV, Issue no. 2
Posted on 15 April 2014. Tags: financial reporting, International Accounting Standards, Kosovo Accounting Standards, Kosovo Financial Reporting Council
The adoption of International Accounting Standards (IAS) is an example of accounting standardization among countries with different institutional frameworks and enforcement rules. IAS, though, create a common language for defining, interpreting and publication of financial statements in the whole world. Furthermore, their aim is “to provide a standardized and coherent sight of the companies to […]
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Posted in Economics, Volume IV, Issue no. 2
Posted on 15 April 2014. Tags: alternative well-being measures, GDP, objective well-being, sustainable development management, well-being
Achieving sustainable development is undoubtedly a goal of every society and community. What is implied here is that it is a concept that needs to be managed, i.e. a goal that one strives to achieve in a continuous and dynamic sense, including continuous and consistent measurement. This paper sheds light on analysis of objective well-being […]
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Posted in Knowledge Management, Volume IV, Issue no. 2
Posted on 15 April 2014. Tags: Higher education, Knowledge sharing, Social Dilemma Social Identity, web technologies
Knowledge sharing is becoming more and more important as such educational institutions are trying to harness this opportunity to students’ learning environment in order to create value. Therefore, the motivation behind this research is to conduct an empirical study to explore the factors that influence the success of knowledge-sharing using web technologies among students in […]
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Posted in Information Technology, Knowledge Management, Volume IV, Issue no. 2
Posted on 15 April 2014. Tags: E-learning, Moderating role of gender, Quantile regression
In this research, the quantile regression is applied to investigate the affecting factors associated with the application of e-learning. The findings provide a comprehensive picture about the relationships between the application of e-learning and its determinants. It sheds light on these complicated relationships that, at the different quantiles of the conditional distribution of e-learning adopting […]
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Posted in Information Technology, Knowledge Management, Volume IV, Issue no. 2
Posted on 15 April 2014. Tags: Albania, ARDL, economic growth, FDI
In this study we assess the role of FDI inflow on the post-communist Albania’s economic growth. The country has experienced a satisfactory growth rate during the transition period to market economy that followed the collapse of communism in the early 1990s. The opening of the country to the foreign world has been accompanied by a […]
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Posted in Economics, Knowledge Management, Volume IV, Issue no. 2
Posted on 15 April 2014. Tags: business environment, economic development, public finance stabilization, sustainable growth
The financial crisis strongly marked states around the world due to the increasing indebtedness of the states and of the banks, which went through, with few exceptions, a prolonged recession. The year 2014 seems to mark a new economic cycle, and the turnaround is seen in Romania, a state which has made progress in reinforcing […]
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Posted in Knowledge Management, Volume IV, Issue no. 2
Posted on 15 April 2014. Tags: Causality, economic growth, Saudi Arabia, Social development, statistical tests
This paper presents an attempt to examine the causal relationships between economic growth and social development in Saudi Arabia between 1980 and 2011. For that, statistical and econometric techniques, such as unit root test, cointegration and Granger Engels causality through Vector Error Correction Model (VECM) are applied. Based on the aggregation of several indicators to […]
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Posted in Economics, Volume IV, Issue no. 2