Search results for "Finance"

Evaluation of asset replacement strategies considering economic cycles: lessons from the machinery rental business

2015

Contains fulltext : 144492.pdf (Publisher’s version ) (Open Access) In businesses with heavy capital investments, the effective management of assets is crucial, in particular in the fleet rental business where assets are the major source of revenues. One important question in this regard concerns the replacement of used assets and the purchase of new assets. Thus, the objective of this study is to evaluate performance effects of asset replacement strategies. In order to maximise net cash flow of a rental company for construction machinery, a range of scenarios investigating the timing and nature of policies for replacing the fleet are analysed. Simulation findings are then discussed to gene…

Régulation et coordination du système de santé. Des institutions invisibles à la politique économique.

2006

Ethique médicale et politique de santé

2005

La réflexion sur l'avenir de l'assurance maladie prend appui sur une lecture de la réforme ou contre-réforme en termes de privatisation ou d'étatisation, de recours aux mécanismes de marché ou au contraire de développement des institutions centralisatrices. Cet ouvrage est une contribution à ces débats, qu'il cherche à éclairer en privilégiant une entrée par l'éthique médicale. Il propose un ensemble de réflexions qui ont en commun de considérer que les questions éthiques sont fondamentales à la compréhension de l'évolution du système de santé. En mobilisant des experts reconnus venant de différents horizons économie, philosophie, santé publique, sociologie, théologie, il offre une approche…

Value Creation and Evolution of a Value Network: A Longitudinal Case Study on a Platform-as-a-Service Provider

2014

Current research on cloud computing emphasizes the important role of Platform-as-a-Service (PaaS) providers. However, little is known about how PaaS providers can offer value to the content providers and firms operating the platform. The findings demonstrate how a small PaaS provider in the cloud gaming market was able to develop a strong position in the value network by offering direct and indirect value to its partners. The findings also reveal how the firm developed its value network over fourteen years, from a complex network with several actors to a very simple value network which included only partners of prime importance. peerReviewed

Comparing Conservation Value Maps and Mapping Methods in a Rural Landscape in Southern Finland

2015

We tested to what extent conservation value maps are different if the valuation and mapping method is changed. We compared 66 different conservation value and 4 different ecosystem service maps. Using remote sensing and other georeferenced data, we produced 2 different habitat type maps, which were 50 % similar. We valued each mapped habitat type based on rarity corrected potential number of vascular plant species and naturalness using 6 different valuation alternatives. We mapped habitat type connectivity and complementarity using 2 main approaches. The habitat type valuation alternatives were quite similar, but if the habitat type naturalness was taken into account, differences were large…

How news affect the trading behavior of different categories of investors in a financial market

2015

We investigate the trading behavior of a large set of single investors trading the highly liquid Nokia stock over the period 2003-2008 with the aim of determining the relative role of endogenous and exogenous factors that may affect their behavior. As endogenous factors we consider returns and volatility, whereas the exogenous factors we use are the total daily number of news and a semantic variable based on a sentiment analysis of news. Linear regression and partial correlation analysis of data show that different categories of investors are differently correlated to these factors. Governmental and non profit organizations are weakly sensitive to news and returns or volatility, and, typica…

More educated, more mobile? Evidence from post-secondary education reform

2016

More educated, more mobile? Evidence from post-secondary education reform. Spatial Economic Analysis. This paper examines the causal impact of the level of education on within-country migration. To account for biases resulting from selection into post-secondary education, it uses a large-scale reform within the higher education system that gradually transformed former vocational colleges into polytechnics in Finland in the 1990s. This reform created quasi-exogenous variation in the supply of higher education over time and across regions. The results based on multinomial treatment effects models and population register data show that, overall, polytechnic graduates have a significantly highe…

Examining Bridge Employment From a Self-employment Perspective : Evidence From the Health and Retirement Study

2017

Corporate business model transformation and inter-organizational cognition: the case of Nokia

2013

This article distinguishes between a firm’s corporate business model and business models of its various business units. Our aim is to provide new insights into how executives’ cognitive processes can influence corporate business model transformation decisions. We focus especially on top managers’ recognition of inter-organizational cognitions, that is, such cognitions about the firm and its businesses that are shared by the top managers and stakeholders of the firm in the industries and communities where it operates. We support our theoretical work with an historical case study of Nokia’s corporate business model transformation between 1990 and 1996, which proved highly successful. We find …

Digital generations, but not as we know them

2019

The aim of this article is to see whether or not adolescents were the real leaders of the digital ‘revolution’ in the 1990s and whether they have sustained or even improved their position in the 2000s. The analysis is based on two surveys carried out in Italy, France, the United Kingdom, Germany, and Spain in 1996 ( N = 6609) and in 2009 ( N = 7255). The results show that the adolescents belonging to the first digital generation in 1996 were the most equipped with new technologies, although not the most intensive users. In 2009, the adolescents lost their position as the leading adopters and lagged behind youth and young adults regarding the use of new technologies and computer skills.