Search results for "assets"

Understanding short- and long-term implications of “myopic” fleet maintenance policies: a system dynamics application to a city bus company

2010

Financial losses recorded in city bus companies often force managers to implement restructuring strategies aimed at improving business results. However, such decisions may not produce the expected consequences for a number of reasons. Both the internal and external environment in which such companies operate can make the design and implementation of long-term sustainable policies quite difficult. In fact, the result may be that decision makers introduce "effective" policies in a company subsystem, while ignoring the medium- and long-term implications of such decisions in the performance of the whole company. With the aim to detect the main causes underlying "myopic" fleet maintenance polici…

The Up-Cycle Beyond the Crime: The Productive Re-Activation of Confiscated Criminal Assets

La ricerca “The Up-Cycle Beyond the Crime: the Productive Re-Activation of Confiscated Criminal Assets” affronta il tema del reinserimento dei beni confiscati alla organizzazioni criminali in nuovi cicli di vita produttivi. La tesi è sviluppata attraverso tre parti principali. La prima parte è dedicata all’inquadramento scientifico del tema e all’apparato teorico, proponendo un regesto critico delle teorie e dell’evoluzione del concetto di riciclo della città e del territorio, con particolare attenzione alla modalità dell’up-cycle, attingendo sia alla letteratura delle scienze sociali, geografiche ed economiche sia alle pratiche relative alla riattivazione dei metabolismi territoriali. La s…

WORKING CAPITAL AS AN ENTERPRISE VALUE ASSESSMENT TOOL

2019

The valuation of an entity in off-exchange transactions involves the use of different techniques. Nevertheless, none of them guarantees the most accurate result. Therefore, it is very difficult to choose one evaluation method. Both investors, corporate managers, financial professionals, portfolio managers, and securities analysts should have a basic understanding of the process of evaluating companies. To that end, professionals recommend evaluating a company’s financial reports to detect its financial position and solvency. According to the methods of financial analysis, working capital is one of the solvency ratios, which describes the value of resources that remain after the company’s cu…

Board Gender Diversity and Firm Performance: Evidence from Supply-Side Shocks in China

2019

This paper identifies a positive causal effect of board gender diversity on firm performance by utilizing unique historical events in China. Specifically, the Famine resulted in an evident gender gap in the supply of qualified directors of certain cohorts. Since the shocks differ in both gender and cohorts, we construct a novel "Diff-in-Diff'" instrumental variable and a Bartik instrument for board gender representation. We find that a 10% increase in board female representation can lead to a 2.38% increase in return on assets (ROA). Moreover, our results support the critical mass theory and indicate that female directors are beneficial by lowering risk levels and improving solvency.

Interactions between contingency, organizational IT factors, and ERP success

2009

PurposeThe purpose of this paper is to examine the impact of some organizational information technology (IT) factors (i.e. IT assets, employees' IT skills, IT resources, and satisfaction with legacy IT systems) and their interacting effects with two contingency factors (i.e. organization's size and structure) on enterprise resource planning (ERP) system success.Design/methodology/approachSurveys were conducted in two European countries. Respondents came from diverse, private, and industrial organizations. Relevant hypotheses were developed and tested using a structural equation modeling technique.FindingsThe analysis supported – partially or fully – six of the eight hypotheses formulated. F…

The methodology of the statement of comprehensive income and its impact on profitability: the case of Latvia

2018

International audience; The financial statements of a company are used by external users as the main source of information in order to take financially informed decisions. The author of the article has summarized the study on one of the financial statements-a statement of comprehensive income (CI statement) that enables creditors and investors to assess the process of the formation of company's profit and profitability. Purpose: on the basis of the study of the specificity of the preparation of the statement of comprehensive income to analyze and evaluate the influence of CI statement items on the profitability of Latvian companies. In order to achieve the purpose, the author has structured…

Il ruolo del white paper sulle offerte al pubblico di cripto-attività alla luce della proposta MiCA

2022

La proposta MiCA, nel regolare il white paper sulle offerte di crypto-assets, sembra tenere in considerazione i benefici e i limiti dei sistemi di voluntary e di mandatory disclosure, non optando integralmente né per il primo, né per il secondo. In quest’ottica, se può condividersi l’approccio regolamentare diretto a graduare, a seconda della tipologia di token offerto, sia il contenuto che l’assoggettamento del documento a mera notifica o ad approvazione ex ante da parte dell’Autorità competente, dubbi sorgono in ordine all’indistinta allocazione dell’onere della prova in capo all’oblato, nei casi di violazione della disciplina del relativo white paper.

EXPERIMENTAL EVALUATION OF THE ACCURACY OF RFID BASED LOCALIZATION SYSTEMS FOR INDUSTRIAL WAREHOUSES

2009

Vertical integration and profitability of the agrifood industry in an economic crisis context

2015

<p>In a setting of economic and financial crisis, most companies experienced a reduction in their profitability. Thus, our study allows us to identify vertical integration strategies developed by companies to overcome the crisis. This paper is aimed at unveiling the determining factors of the profitability of Spanish agrifood firms, depending on whether they are backwards vertically integrated or not. In order to attain our objective, we implemented a first difference regression model. The main contributions of the article lie in the incorporation of a variable that distinguishes integrated firms from the rest and the separate analysis of the two groups of firms. The results suggest t…

Estudios previos y propuesta de intervención en las pinturas murales, esculturas y ornamentos de la Real Parroquia de los Santos Juanes de Valencia

2020

Throughout this article, the most representative aspects of the previous studies and the intervention proposal, carried out for the restoration of the paintings, sculptures and ornaments of the Royal Parish of the Santos Juanes in Valencia, are exposed. A project of this magnitude involves the effort and dedication of a great team, resulting in one-year work with exhaustive and constant research with the purpose of safeguarding the heritage assets of the church. With this article we want to make known the importance that these previous studies acquire. Been essential since they are the starting point and the basis for the execution of the restoration works that will be carried out during fo…