Search results for " Market"
showing 10 items of 2859 documents
Trend Switching Processes in Financial Markets
2010
For an intriguing variety of switching processes in nature, the underlying complex system abruptly changes at a specific point from one state to another in a highly discontinuous fashion. Financial market fluctuations are characterized by many abrupt switchings creating increasing trends (“bubble formation”) and decreasing trends (“bubble collapse”), on time scales ranging from macroscopic bubbles persisting for hundreds of days to microscopic bubbles persisting only for very short time scales. Our analysis is based on a German DAX Future data base containing 13,991,275 transactions recorded with a time resolution of 10− 2 s. For a parallel analysis, we use a data base of all S&P500 stocks …
Taille critique et stratégie du distributeur - Analyse théorique et implications managériales
1998
International audience; La notion de taille critique a été généralement invoquée par les distributeurs pour justifier les opérations de croissance externe qui demeurent unepratique stratégique importante dans ce secteur. Cet article propose une revue des arguments qui supportent et contredisent l’existence d’une taillecritique pouvant guider les décisions stratégiques des distributeurs, et envisage les implications managériales de la remise en cause de cette notion.
La relation client sur Internet : les banques mettent leurs clients au travail
2009
Le client, sur Internet, est amene a prendre une place de plus en plus importante dans le processus de servuction. A ce titre, il devient coproducteur et remplace meme, dans de nombreux cas, les salaries des entreprises. Le secteur bancaire a largement participe a cette externalisation de certains services vers ses clients. Nous etudierons ce phenomene et ses consequences pour la gestion de la relation client.
El origen doméstico de los productos como ventaja competitiva : la etnocentricidad del consumidor
2005
Su estudian los conceptos de macromarketing y marketing de orientación social y su aplicación en una estrategia de diferenciación por producción local, por contribuir al bienestar social. Se revisa la literatura relacionada con el etnocentrismo y el efecto país de origen, las preferencias de producto doméstico vs foráneo, el concepto de etnocentricidad del consumidor (creencias sobre lo adecuado de comprar productos importados) y su red de relaciones e influencias, y la influencia de la publicidad en la actitud hacia los productos domésticos/foráneos. Los resultados de la investigación empírica y la contrastación de hipótesis permiten extraer las siguientes conclusiones:A.- La etnocentricid…
Modeling the Probability of Informed Trading in the European Carbon Market
2012
We provide evidence of informed trading in the European carbon market. We adapt Easley et al.’s (1996) PIN methodology to the particularities of this market by isolating the trading activity on the two carbon offsets: European Union Allowances (EUAs) and Certified Emission Reductions (CERs). We find that the PIN regularly increases before the publication of the yearly verified-emission reports. CERs exhibit lower average PIN than EUAs. While the PIN of CERs has increased over time, together with its share in total trading activity, EUAs’ PIN has remained pretty stable. Our findings suggest that CERs must not be avoided in any decision or analysis made by researchers, regulators or traders i…
CSR Strategies in Emerging Markets
2016
The purpose of the chapter is to emphasize on the roles of businesses – as an effective (sustainable) development agent in emerging markets, on one hand, and of their CSR strategies – as an efficient sustainable development tool, on the other hand, in order to identify valuable business practices able to lead the emerging markets towards sustainability – through socially responsible decision making processes at business level. Having in the fore-ground the ideas of sustainability (which basically is a macro-economic concern) and responsibility (and especially its micro-economic correspondent that usually embraces the form of CSR), it will try to discover the general and specific features of…
Technical and commercial communication methods used in semi-finished industrial goods market in South East European markets
2019
South East European industrial markets are crossing a period of strong development. This progress is also strongly felt by industrial suppliers, including semi-finished non-ferrous metal products traders. Industrial marketing presents a lot of features which differs from the consumers marketing. Analyzing these markets one can observe an increased communication between sales teams and buying centers. This communication has two major line: technical and commercial. Buying teams, which include very often engineers, need special, detailed and customized technical information related to products, delivery and payment conditions etc. The clarity and efficiency of this communication is one of the…
Market Values and Socioeconomic Mixité in Palermo. The Role of Migrants in the Commercial Real Estate Market
2022
Socioeconomic and functional mixité has been an objective placed at the basis of urban development to guide the transformation processes of urban areas, associating it with social inclusion as opposed to the morphological and spatial segregation, often caused by monofunctional zoning. The implementation of social mixité involves all social groups and, particularly, migrant communities that, in turn, are formed by groups with different cultures, nationalities, resources and income levels. The location choices of migrants and native residents produce an ever-changing urban geography of residential, commercial and service activities that directly impact on the real estate market. Migrants’ act…
Some Quantitative Aspects of Stability Management Strategy in a Bank
2012
Abstract The stability of commercial bank system is the result of balanced development, which can be characterised by equilibrium and security over a longer period of time. The history of commercial bank system development indicates that reaching and sustaining this qualitative and quantitative state requires regulations and management. One of the most important parts of commercial bank management system is correctly chosen strategy in the circumstances of a changing environment. Strategy gives a possibility to look into the future of the commercial bank, forecast its goals, areas, scale and potential operational results in relation to resource sources and expenses. Nowadays a commercial ba…
Assessing the Enlargement and Deepening of the European Union
2008
This paper estimates a theoreticallymotivated gravity model to examine the effect of the European Union (EU) on trade and whet her the order of entry has affected the trade performance of member countries. Additionally, we analyse the impact of the diffe rent phases of EU integration on trade. The results show that both original countries and successive enlargements boost intra-b loc trade. Moreover, the results suggest that the deepening in the integration process has led to more trade creation among members. Finally, only the latter ph ase of the European integration process (the single currency) has increased trade with non-members.