Search results for " ownership"
showing 10 items of 72 documents
The impact of multinational banking on domestic banking
2006
Post-Keynesians have made endogenous money a central argument in their theory of output. Indeed, production cannot be undertaken if access to finance, usually meaning bank credit, does not exist. Such access is needed if wages are to be paid, and inputs of production purchased. In a monetary economy, therefore, money is created at the demand of borrowers, supplied by banks.
The environmental benefits of carsharing: The case study of Palermo
2020
Abstract The problems related to traffic emissions are becoming increasingly pressing and serious, especially in big cities where the private car plays the main role in the mobility of people, being excessively used, while walking, cycling and the use of public transport are often seen as secondary options and are hampered by a poorly urban environment. Therefore, solutions must be found to reduce the number of cars circulating in the city and to support the most sustainable modes of transport at the same time, in order to reduce emissions of greenhouse gases and harmful substances. A modal alternative which is of undoubted interest could be represented by carsharing, which is a mode comple…
Assessing Cloud Infrastructure Costs in Communications-Intensive Applications
2012
By deploying cloud infrastructure services, companies strive at achieving faster time to market, improved scalability, lower up-front costs, and lower IT management overhead, among other benefits. However, in longer term, the use of cloud infrastructure may incur significant costs; furthermore, these costs depend both on the required infrastructure resources and on the mode of infrastructure deployment. Therefore, the choice of a particular deployment mode should be justified with a systematic analysis of the associated costs. In this paper, a model for assessing the costs of alternative cloud infrastructure deployment scenarios is introduced. This model decomposes the infrastructure costs …
A content analysis on family firms' association annual questionnaire
2010
The aim of this paper is to analyze the content of a questionnaire that is used in order to conduct a Finnish Family Firms’ Association’s annual barometer for its members. The content of the questionnaire is reflected to a relevant theory and compared with two other fairly similar questionnaires. Based on the analysis, reflections, and comparisons some suggestions for questionnaire modification are presented. The research question concerns what kind of data may be essential to measure among Finnish family firms. This paper aims at enhancing the Finnish Family Firms’ Association to conduct a questionnaire that may allow even deeper understanding on the situation and position of family busine…
Improving the likelihood of SME survival during financial and economic crises: The importance of TMTs and family ownership for ambidexterity
2019
In the context of an economic and financial crisis characterized by scarce munificence and high uncertainty, we examine the role of organizational ambidexterity in SMEs survival, and the TMT and ownership characteristics that influence ambidexterity. Our analysis of Spanish manufacturing SMEs in the context of an international economic crisis suggests that: (1) firm survival is associated with ambidexterity; (2) diversity in TMT tenure improves firm ambidexterity and (3) a negative effect exists between family ownership and ambidexterity, but (4) a positive effect exists between family ownership and survival.This study contributes to our understanding of the antecedents of SME ambidexterity…
The role of environmental factors in water utilities' technical efficiency. Empirical evidence from Spanish companies.
2009
This article computes input-specific scores of technical efficiency for a sample of water utilities located in the southern Spanish region of Andalusia. In addition, differences in efficiency between different operating environments are investigated. Concerning the debate about ownership and efficiency, we find that privately owned companies outperform public utilities in their management of labour. Furthermore, technical efficiency is found to be greater among firms located in highly populated areas and for utilities providing water services to tourist municipalities. Finally, no empirical evidence supporting the greater technical efficiency of consortia of water utilities, a managerial st…
Risk Taking by Banks in the Transition Countries
2007
The banking sectors of the transition countries have progressed remarkably in the last 15 years. In fact, banking in most transition countries has largely shaken off the traumas of the transition era. At the start of the 21st century banks in these countries look very much like banks elsewhere. That is, they are by no means problem free but they are struggling with the same issues as banks in other emerging market countries. There have been a surprisingly large number of studies that have told us about the performance of these banks but we know very little about their risk taking behaviour and how the banking environment influences it.
Assessing the dynamic eco-efficiency of Italian municipalities by accounting for the ownership of the entrusted waste utilities
2021
Abstract This study evaluates and compares the dynamic eco-efficiency of municipalities with publicly owned, privately owned, and mixed ownership solid waste utilities by estimating the Meta-frontier Malmquist-Luenberger productivity index for a sample of 68 major Italian towns. On average, the eco-productivity of Italian waste service providers increased by 8% from 2016 to 2019. Although municipalities with private utilities improved their eco-productivity most, the differences among the three clusters reflecting utility ownership are not statistically significant. The results show that publicly owned waste operators drive technology and that the technological levels of private utilities h…
Is the price of water for residential use related to provider ownership? Empirical evidence from Spain
2013
Abstract This paper assesses the relationship between provider ownership and the price of water for residential use set by 386 Southern Spanish municipalities. Our main contribution to the previous literature is that we go much further than merely distinguishing between private and public ownership. First, we find that prices are lower when the urban water service is directly provided by town councils. Second, when water services are contracted out to external companies, the prices set by public utilities are higher than the prices of private utilities due to larger fixed quotas. Finally, water prices are also higher when the provision of the service has been privatised to an institutionali…
Corporate governance and its implications for sustainability reporting quality in Latin American business groups
2020
Abstract This paper aims to study the factors determining the quality of sustainability reporting in Latin American business groups. Applying a logistic regression model, this study is pioneer in establishing how some distinct corporate variables of business groups influence disclosure quality of Corporate Social Responsibility practices in these groups in emerging economies. The results show that control concentration in the groups negatively affects the quality of sustainability reporting. Variables such as foreign ownership, the age of the business group and board size help business groups to improve the quality of their sustainability and voluntary disclosure practices. These results fo…