Search results for "Market economy"
showing 10 items of 138 documents
Liberalising European electricity markets: opportunities and risks for a sustainable power sector
2003
The process of liberalising European electricity markets, encompassing a wide range of restructuring activities, has mainly been spurred by the attempt to increase the economic efficiency of the whole sector. This process might be used to trigger a development towards a sustainable power sector by increasing the use of renewable energy sources and enhancing energy efficiency on the supply and demand side. However, by taking a closer look at the current trends of the European electricity markets, it becomes obvious that the liberalisation not only implies opportunities but also risks for the creation of a sustainable power sector. Many of these risks are due to market distortions and imperfe…
The waves of enterprises bankruptcy and the factors that determine them: the case of Latvia and Lithuania
2018
International audience; Bankruptcy of enterprises is macroeconomic issue and a phenomenon of a dynamic and competitive market economy. It results in a lot of negative effects not only for the enterprise and its employees but also for other enterprises and institutions, as well as the state and society. The aim of the article is to carry out the analysis of bankruptcy of Latvian and Lithuanian enterprises. No such study has been carried out so far. Article analyses the dynamics of Latvian and Lithuanian enterprise bankruptcy, which manifest themselves in larger waves in certain periods and the factors that influence them. From 1993-when the bankruptcy of enterprises was started to be officia…
Final Reflections: Connectivity, Innovation, Transformation, and Global Challenges
2020
Despite the beginning of the trade war between China and the U.S. in 2018, and despite Huawei’s competitive disadvantages in its globalization process, such as being a latecomer in the market, lack of technological leadership, and liability of foreignness with a negative country of origin image, within 30 years, Huawei managed to become a leading global provider of information and communications technology. Lattemann et al. summarize the discussions in the edited book on Huawei goes Global—with Vol. II studying the question how Huawei overcomes these challenges stemming from the institutional distances between China and the host country they are operating in. The authors show how latest Int…
Role of Corporate Governance in the Context of Globalization
2018
The globalization process, although criticized, is constantly growing, contributing to the internationalization of activities performed by companies and to the internationalization of markets. This also resulted in the occurrence of important changes regarding the operation and functioning of organizations, as well as regarding the operating mode of governments that have to adopt their policies to a changing market. In addition, the corporate governance, besides the ethical principles it observes, and the social responsibility also use rules and procedures aimed to increase the value of the company. Moreover, the emergence of the economic crisis showed that accounting frauds are a result of…
Legislative reforms and market dynamics in the provision of urban water service by private contract operators in Spain
2022
Abstract This paper studies the dynamics of concentration in the Spanish market for the provision of urban water service by private contract operators in the 2000–2020 period. The market is highly concentrated. Concentration increased until 2007, at which point it started to decline when Law 30/2007 on Public Sector Contracts and Organic Law 8/2007 on Political Party Financing were passed; before rising again from 2016 onwards. This latter trend results from strategic behaviour by the two leading operators, acquiring smaller companies with a notable presence in some regional markets. Further legislative reforms aimed at safeguarding space for competition are thus proposed.
The formation of feed-in tariffs and the emergence of wind power in Finnish routine corporatism: favoring the economics of large-scale energy product…
2021
We explore the role and influence of the Finnish energy elite’s inner circle in the process of transition to renewable energy. Finland is a corporatist country where economic interest groups have p...
An overview about fashion retailing sector: UK versus Spain
2012
Within the international context, fashion retailers have suffered the most in the economic downturn in the last years. Nevertheless, the historically high-margin fashion sectors composite net profit margin was still the highest of all the product groups. Based on the importance of fashion retail sector for the international economy in general, this paper examines the international retailing situation showing sales data between most important retailers around the world in general and Europe in particular. Specifically, this paper offers an overview on fashion retailing sector in the international context in order to study the position of this sector in the international crisis context. Due t…
Competition Advocacy: Soft Power in Competitive Policy
2013
Abstract Changing market conditions stimulate modernization of criteria, norms and standards of competition regulation and methods of enforcement. Competition advocacy is a type of activity exercised by antimonopoly authorities to strengthen competitive environment without enforcement measures, through developing active cooperation with other government bodies and increasing the degree of understanding of the benefits of competition by the community.
Imperfections in Our Future
2018
Abstract Our future is polarized and unpredictable and means progress as this regards the evolution of technology that may bring about the union between man and machine as far as the present technological environment is enlarging. But, until then we have to face imperfections that are synonymous with the problems that affect humanity: aggression against some states, conflicts that need to be settled, discrepancy between the rich and the poor, the positive and negative influences of the internet, CO2 emissions in developed countries, redirecting towards markets with lower risk potential, even the battle with death. And, unfortunately we have the alienation of the modern man in a breakable wo…
Institutional logics and social enterprises: Entry mode choices of foreign hospitals in China
2020
When social enterprises, being defined by their social mission and profitability, internationalize, they need to\ud respond to institutional logics in the host country. By juxtaposing institutional logic and entry mode choice\ud literature, this paper shows how social enterprises accommodate different institutional logics when they enter\ud foreign markets. We collected data on Chinese healthcare reform, governmental policies and their changes, and\ud conducted 36 in-depth interviews and three expert group meetings. By analyzing five non-Chinese hospitals\ud entering China, we show how social enterprises, as hybrid organizations, respond to governmental, commercial,\ud and social institutio…