Search results for "asset management"
showing 10 items of 19 documents
Preventive maintenance versus cost of repairs in asset management: An efficiency analysis in wastewater treatment plants
2020
Abstract The operation and management of Wastewater Treatment Plants (WWTPs) is of paramount importance to guarantee the sustainability of water resources. Just like any other production process, wastewater treatment process involves different costs, such as: energy, personnel, maintenance and reagents. Regarding maintenance costs, they have become an issue of great concern to many operators in the last years. Maintaining the facilities in good condition ensures the proper performance of these infrastructures and reduces the risk of failures. It should be known that equipment breakdowns imply an increase in operating costs, with a high risk of generating an environmental damage due to the m…
Evaluating the Interrelationship between Actions of Latvian Commercial Banks and Latvian Economic Growth
2017
Abstract This paper aims to evaluate the existence of the interrelationship between Latvian commercial banks’ operations on the economy, based on economic theory and the analysis of banks’ retained earnings, credit growth and economic growth trends. The existence of this interrelationship was tested using Granger causality and Johansen co integration tests. The analysis was based on quarterly data from 2001 to 2015. The study reviewed several indicators for banking developments to establish their relevance for GDP growth: credit to non-banks, non-bank deposits and bank retained earnings. This paper finds that the empirical link between bank retained earnings and GDP growth is more robust th…
Évaluation du colmatage de tranchées d'infiltration selon le type de sol : analyse à long terme
2010
In recent years, limitations linked to traditional urban drainage schemes have been pointed out and new approaches were developed introducing more natural methods for retaining and/or disposing of stormwater. Such practices include infiltration and storage tanks in order to reduce the peak flow and retain part of the polluting components. The impact of such practices on stormwater quantity and quality is not easily assessable because of the complexity of physical and chemical processes involved. In such cases, integrated urban drainage models may play a relevant role providing tools for long term analysis of infiltration structures efficiency. In this study, the effect of the clogging pheno…
Konsolidācija Aktīvu pārvaldīšanas nozarē un ietekme uz darbības procesiem
2018
Finanšu pakalpojumu vide neapšaubāmi ir ļoti mainīga un tuvākajos gados Aktīvu Pārvaldes nozarē būs nopietnas radikālās izmaiņas. Regulatori un tehnoloģijas attīstība veicina finansiālu sistēmu uz lielajām pārmaiņām. Pēdējos gados palielinājās ieguldījumu plūsma kompānijām, kas izmanto vienīgu apstrādes programmu, ar apkopoto datu analīzi. Tajā mākslīgais intelekts palīdz interpretēt finansiālo informāciju. Ar minētajām izmaiņām aktīvu pārvaldes dalībniekiem būs jāveido virkne jaunu analītisko rīku, jo cilvēki nebūs spējīgi apstrādāt visus datus patstāvīgi. Esošais cilvēka un mašīnas līdzsvars, turpinās noliekties vairāk un vairāk uz mašīnas pusēs, kamēr cilvēks gandrīz pilnīgi būs aizvieto…
Evolution of Secondary Software Businesses: Understanding Industry Dynamics
2008
Primary software industry originates from IBM’s decision to unbundle software-related computer system development activities to external partners. This kind of outsourcing from an enterprise internal software development activity is a common means to start a new software business serving a vertical software market. It combines knowledge of the vertical market process with competence in software development. In this research, we present and analyze the key figures of the Finnish secondary software industry, in order to quantify its interaction with the primary software industry during the period of 2000–2003. On the basis of the empirical data, we present a model for evolution of a secondary…
Unleashing Growth Potential in ‘Stunted’ SMEs: Insights from Simulator Experiments
2006
The literature recognises the phenomenon of 'dwarf' or 'stunted' small and micro firms (in Italian nanismo aziendale) and that they might represent potential lost opportunities for owners and the local economy. This paper describes the development of a simple 'insight' model to simulate the behaviour of such firms. The model replicates the basic no-growth, cyclical behaviour attributed to them and shows how changes in targets and attitudes towards asset management can change that behaviour to one of stable growth. In this simple form, the model does link behaviours to system structure and could support individual entrepreneurs in understanding the reasons for dwarfism in their firm and the …
Leveraging BIM and Big Data to deliver well maintained highways
2017
The Highway infrastructure is one of the most valuable assets for any state or national Government. Efficient operations of Highways lead to success of national and local economies as well as improve the quality of life of the general public dependent on it. In order to ensure aging road networks continues to move with its ever increasing number of users, requires maintenance and improvements to the road network at the highest standard. Increasing scrutiny over the cost of maintenance along with increasing pressure from Government and the public for transparency over road network spending, has made a strong case for more efficient management of the Highway road asset and traffic management…
The Role of Net Interest Margin in Improving Banks’ Asset Structure and Assessing the Stability and Efficiency of their Operations
2014
Abstract Against the background of the growing diversity of financial instruments, technological progress and increasing interconnectedness of financial institutions, ensuring the stability of the banking sector has become an important task for economic policy in every country. This paper shows that net interest margin is the most appropriate criterion for evaluating the effectiveness and stability of banks’ operations. It is superior to the return on assets in illustrating how successfully a bank manages its interest bearing assets. The author analyzes banking sectors in the Baltic countries, the Euro Area as well as the United States and their management strategies, as well as indicators …
Notice of Retraction Managing banks' asset and loan portfolios
2011
Given the important role of the banking system in redistributing resources in the economy, a stable banking system is absolutely essential for sustainable development. This paper describes the dynamics of the volume and profitability of assets in Latvian banking system and develops a rating system to evaluate these indicators. After the empirical analysis, it discusses management strategies that Latvian commercial banks can follow to improve their quality of assets in the future.
GARCH models with changes in variance: An approximation to risk measurements
2003
This study aims to model volatility as an approximation to an optimum measurement of stock market risk because of the importance of this concept for, among other things, the proper management of portfolios. Following the proposal of Lamoureux and Lastrapes (1990), the authors consider that the high degree of persistence detected in GARCH models arises from a poor specification of the equation of the variance due to not considering the possible deterministic changes in the unconditional variance of the financial series. To determine the point in time as well as the duration of these changes, the proposal made by Inclan and Tiao (1994) is used. As an empirical application, whether or not the …