Search results for "STRATEGY"
showing 10 items of 2256 documents
The integration of quality and safety concerns in the wine industry: the role of third-party voluntary certifications
2016
Abstract Over the past few years, public attention has focused on the quality and safety control, traceability, and environmental issues surrounding food products. Several mandatory public standards and private voluntary schemes worldwide have been developed to address these concerns. Using survey data, this paper analyses the key factors affecting the adoption of voluntary quality standards in the wine industry and the existence of a relationship between the adoption of voluntary quality standards and economic performance, measured in terms of labour productivity and marketing behaviour. The survey involved 89 cellars, of which 68 were non-certified and 21 had one or more food quality cert…
Probabilistic inferences from conjoined to iterated conditionals
2017
Abstract There is wide support in logic, philosophy, and psychology for the hypothesis that the probability of the indicative conditional of natural language, P ( if A then B ) , is the conditional probability of B given A, P ( B | A ) . We identify a conditional which is such that P ( if A then B ) = P ( B | A ) with de Finetti's conditional event, B | A . An objection to making this identification in the past was that it appeared unclear how to form compounds and iterations of conditional events. In this paper, we illustrate how to overcome this objection with a probabilistic analysis, based on coherence, of these compounds and iterations. We interpret the compounds and iterations as cond…
Multidimensional social capital in new ventures
2013
This paper analyzes and provides empirical evidence on how three different dimensions of social capital (structural, relational, and resources) have a direct causal relation on the performance of financial service start-ups. To this end, a structural equation model is estimated and validated from a database, including information from 142 Argentinean entrepreneurs who answered a questionnaire specifically designed for this research. The main finding of the paper is that the main source of value of social capital for an entrepreneur is the existence of high-quality links. Moreover, the quality of the entrepreneur's links is even more important than their quantity. This conclusion has relevan…
Efeitos das práticas verdes na lealdade: proposta de um modelo para o segmento hoteleiro colombiano
2021
Resumen El propósito de este estudio fue analizar la incidencia de las prácticas verdes como impulsoras para generar confianza, satisfacción y lealtad en los huéspedes. Para ello, a partir de una muestra de 302 huéspedes de hoteles en Bogotá, Colombia, se estimó un modelo de ecuaciones estructurales a través de la regresión de mínimos cuadrados parciales. Los resultados obtenidos evidencian que las prácticas sostenibles contribuyen al aumento de la confianza y la satisfacción de los huéspedes, y que estas, a su vez, influyen positivamente en su lealtad hacia el hotel. Además, dichos resultados ponen de manifiesto que una comprensión más profunda del perfil de los turistas medioambientalment…
Applying system dynamics to foster organizational change, accountability and performance in the public sector: A case-based Italian perspective
2010
The goal of this paper is to discuss the role System Dynamics (SD) can play to enhance performance improvement in the public sector. It is remarked how SD can help decision makers to properly perceive the boundaries of the relevant system underlying observed phenomena. To this end, three real cases are analysed to show how SD can facilitate a better understanding of the relationships between the political and the organisational system in the public sector, and how to promptly attain efficiency and improve outcome, given the constraints that the institutional and political systems constitute. The goal of this paper is to discuss the role System Dynamics (SD) can play to enhance performance i…
Finding evidence on the innovative or positional character in medium sized manufacturing firms
2002
Through an empirically based study on 65 medium sized manufacturing firms corresponding to 12 industrial sectors and located in the Spanish region of Valencia, we seek in this paper to provide enough evidence about the prevalence of positional, static and myopic values or, instead, innovative, dynamic and open minded principles, among the firms under study. Gathered into three groups of sectors, depending on the scope of demand (weak, medium and strong demand sectors), we conclude that the weak and medium demand sectors are still facing remarkable challenges basically connected to technology issues, despite improvement in other variables directly linked to an innovative character.
An AHP-based evaluation procedure for Innovative Educational Projects: A face-to-face vs. computer-mediated case study
2008
In this paper a procedure to evaluate proposals for Educational Innovation Projects is proposed. This methodology should help the Institute of Educational Sciences of the Politechnical University of Valencia to choose the best Educational Project, the final aim being to provide the Administration with a stringent evaluation methodology, since the current evaluation methodology was found to be neither sufficiently objective nor systematic. Since in the definition and evaluation of these Educational Projects diverse stakeholders are involved, the process has been approached as a MCDA carried out by a group of experts. Although a whole methodology is proposed, the paper has been focused on the…
The real-life performance of market timing with moving average and time-series momentum rules
2014
In this article, we revisit the myths regarding the superior performance of market timing strategies based on moving average and time-series momentum rules. These active timing strategies are very appealing to investors because of their extraordinary simplicity and because they promise substantial advantages over their passive counterparts. However, the ‘too good to be true’ reported performance of these market timing rules raises a legitimate concern as to whether this performance is realistic and whether investors can expect that future performance will be the same as the documented historical performance. We argue that the reported performance of market timing strategies usually contains…
Information Flows Among the Major Stock Market Areas
2001
The relationship between the index returns of the major stock markets has been analysed in many papers. These studies usually examine lead–lag relationships between markets, without distinguishing the influencing ability and the sensitivity of each of the markets. Additionally, these studies use indices that are not directly comparable — either because of the way the indices are calculated or because of the number of companies and sectors used to construct them. This paper addresses both points. First, all the analyses have been made using homogeneous indices designed by Morgan Stanley Capital International. Secondly, the information flow has been studied by applying the model proposed by P…
Exploring the relationships between tangible and intangible resources in a learning alliance dynamics: comment on the paper by Kapmeier
2008
Kapmeier (2008) focuses his research on common learning and firms’ opportunistic behaviour in learning alliances. A strategic alliance, as clearly stated by Gulati (1998, p. 293) is a voluntary arrangement between firms to exchange and share knowledge as well as resources with the intent of developing processes, products or services. This is a relevant topic not only for those firms that operate in industries characterized typically by high RD Larsson et al., 1998). Furthermore, this literature essentially takes a static view and it often neglects the postformation dynamics of alliances (Koza and Lewin, 2000; Das and Teng, 2001). Some key questions not yet profoundly investigated are: how c…