Search results for "cost(s)"
showing 10 items of 332 documents
Success factors of Polish family businesses
2017
This article presents the results of a study carried out among family businesses operating in Poland. It is intended to supplement previously generated knowledge in the area of the operation of family businesses in the specific socio-economic and legal conditions in Poland. The objective was to collate the opinions of entrepreneurs regarding the need for visibility of the family and the family business status in business relations and the marketing activities of enterprises. The data were collected using in-depth interviews with the Polish family business owners. This paper outlines the conclusion of the study with respect to success factors such as: the trust among the family members, flex…
Monitoring and Market Power in Loan Markets
2000
Whether or not banks are engaged in ex ante monitoring of customers may have important consequences for the whole economy. We approach this question via a model in which banks can invest in either information acquisition or market power (product differentiation). The two alternatives generate different predictions, which are tested using panel data on Finnish local banks. We find evidence that banks’ investments in branch networks and human capital (personnel) contribute to information acquisition but not to market power. We also find that managing customers’ money transactions enhances banks ability to control their lending risks.
Financial constraints and R&D and exporting strategies for Spanish manufacturing firms
2014
We investigate the role of internal and external financial constraints in the firms� joint decision to export and invest in R&D. We use objective measures at the firm level such as cash flow and financial costs. We further analyze both if firms� size and the onset of the current economic crisis have had an impact. We estimate our model with Spanish manufacturing firms for the period 1990�2011, and obtain that both internal and external financial constraints are relevant.
Enhancing Bank Transparency: A Re-assessment
2001
Transparency regulation aims at reducing financial fragility by strengthening market discipline. There are however two elementary properties of banking that may render such regulation inefficient at best and detrimental at worst. First, an extensive financial safety net may eliminate the disciplinary effect of transparency regulation. Second, achieving transparency is costly for banks, as it dilutes their charter values, and hence it also reduces their private costs of risk-taking. We consider both the direct costs of complying with disclosure requirements and the indirect transparency costs stemming from imperfect property rights governing information and specify the conditions under which…
Principles of Calculation of Track Access Charges in Rail Freight Transport in Poland
2019
Non-discriminatory rules for access to the railway infrastructure as well as transparent pricing system are the essential factors of ensuring that the freight transport in Poland is competitive enough. Infrastructure managers pass some categories of their costs (e.g. for maintaining of railway infrastructure) on railway undertakings in the form of access charges verified andaccepted by the Polish regulatory body. In general, approximately one – third of their costs shall be paid by railway undertakings. Given that access charges are treated as one of the most important factors for both railway undertakings and railway infrastructure man-agers. The aim of this article is to review the main p…
Voluntary agreements in protecting privately owned forests in Finland — To buy or to lease?
2008
Abstract A voluntary conservation approach may reveal environmentally minded landowners who are willing to protect their lands with a compensation that is lower than the market price based compensation. Consequently, voluntary conservation programs may induce lower costs than traditional obligatory programs, such as a land taking. We compared the costs accrued from land purchasing with those from temporal land leasing. The costs included both direct costs, such as fees of land acquisition and compensation payments in land leasing, and transaction costs. We used a data set from a Finnish pilot program called Trading in Natural Values (TNV). In this new practice landowners and the authority t…
The Financial Costs in Energy Efficient District. Alternative Scenarios from the Demo Sites of the CITyFiED Program
2021
The European Union’s environmental policies actively promote the transition to a low-carbon society and to sustainable energy systems that improve people’s quality of life and do not negatively impact the natural environment. To achieve these goals, the European Union funded several programs to pilot energy efficiency measures for buildings and districts and, lately, launched the European Green Deal. The results of these experimentations have shown that often the economic feasibility of retrofitting interventions is not achieved without public grants. This contribution aims to analyze the influence of financial parameters on the profitability of projects of energy efficient districts. The s…
Factors associated with non-treatment or delayed treatment seeking in OCD sufferers: a review of the literature.
2013
Obsessive-compulsive disorder (OCD) is a disabling disorder that can be successfully treated. However, a high percentage of sufferers neither ask for nor receive treatment for their symptoms, or they delay seeking treatment. The factors underlying the treatment-seeking behaviour of OCD patients are still not clear. This review includes 12 studies published before April 2014 that analyse the possible variables related to the delayed help-seeking behaviour of OCD patients. Studies showed that individuals who asked for help were more impaired and reported poorer quality of life. Help-seeking behaviour was associated with greater insight, severity, specific obsessive-compulsive symptoms, such a…
Social economic costs and health-related quality of life in patients with amyotrophic lateral sclerosis in Spain.
2008
Amyotrophic lateral sclerosis (ALS) is a process that leads to the functional disability of the individual in a relatively short period of time, with a very important limitation of autonomy and affecting the quality of life. We wished to determine the economic burden (direct and indirect costs), as well as health-related quality of life (HRQoL) in patients with ALS in Spain. A cross-sectional study was carried out on 63 patients with ALS during 2004. A retrospective assessment of the use of resources was obtained through questionnaires completed by the patients and/or the patients' caregivers. The approach used was a cost-of-illness study based on a societal perspective. We assessed the HRQ…
Is quality of life different between diabetic and non-diabetic people? The importance of cardiovascular risks.
2017
BackgroundTo analyse and compare the impact of cardiovascular risk factors and disease on health-related quality of life (HRQoL) in people with and without diabetes living in the community.MethodsWe used data of 1,905 people with diabetes and 19,031 people without diabetes from the last Spanish National Health Survey (years 2011 +/- 2012). The HRQoL instrument used was the EuroQol 5D-5L, based on time trade-off scores. Matching methods were used to assess any differences in the HRQoL in people with and without diabetes with the same characteristics (age, gender, education level, and healthy lifestyle), according to cardiovascular risk factors and diseases. Disparities were also analysed for…