Search results for "small and medium"
showing 10 items of 84 documents
The impact of quantitative easing on UK bank lending: Why banks do not lend to businesses?
2021
Abstract The growing proportion of UK bank lending to the financial sector reached a peak in 2007 just before the onset of the Global Financial Crisis (GFC). This marks a trend in the dwindling amount of bank lending to private sector non-financial corporations (PNFCs), which was exacerbated with the Great Recession. Many central banks aimed to revive bank lending with quantitative easing (QE) and unconventional monetary policy. We propose an agent based computational economics (ACE) model which combines the main factors in the economic environment of QE and Basel regulatory framework to analyse why UK banks do not prioritize lending to non-financial businesses. The lower bond yields caused…
Impact of accounting process characteristics on accounting outsourcing - Comparison of users and non-users of cloud-based accounting information syst…
2019
Article In Press The article of record as published may be found at https://doi.org/10.1016/j.accinf.2019.06.002 Prior literature informs us that a company's decision to outsource a business process depends on process characteristics such as how frequently the process is performed or how specific the assets required by the process are. In this article, we compare the effects of accounting process characteristics on outsourcing decisions across users of traditional and cloud-based accounting information systems (AIS). By focusing on outsourcing of accounting processes among small and medium sized enterprises, we investigate the effect of five business process characteristics (frequency, huma…
Structural and Static Prerequisites for the Internationalization of Small and Medium – Sized Enterprises in the Baltic States
2014
Abstract The pace and extent of internationalization of small and medium-sized enterprises (SMEs) is the result of the interaction of various factors and preconditions. This article examines one of these prerequisites - the currently established structure of SMEs in the Baltic States. The relationship between the different components of SMEs or the SMEs structure is the slowly varying parameters of the functioning of the economy. However, as an integral element of the economic system, the SME structure affects its development, including internationalization of business. Based on statistical data, the opportunities for small firms to outsource business activities as a perspective form of int…
Impacts of COVID-19 and pandemic control measures on public transport ridership in European urban areas – The cases of Vienna, Innsbruck, Oslo, and A…
2021
The study uses the case of two regions with small and medium sized cities (Agder in Norway and the greater Innsbruck area in Austria) and two European capitals, Vienna and Oslo, to showcase the impact of the COVID-19 pandemic on public transport ridership in northern and central Europe. The comprehensive timeline of actions taken by governments and public transport providers in Austria and Norway, and their impact on public transport ridership in the first and second waves of the pandemic form the basis of a descriptive study. Comparing the data, a strong negative impact on the public transport patronage in the first wave of the pandemic was found, despite a comparable low number of cases p…
La participación de los grupos de interés como instrumento de responsabilidad social corporativa. El caso de las pequeñas y medianas empresas familia…
2011
In this paper we analyze the characteristics of stakeholder engagement in small and medium-sized family enterprises (SMFEs). The paper aims to understand the reason, the meaning and the manner to involve stakeholders in this kind of firm. The stakeholder engagement has been linked with corporate social responsibility, stating that firm that take initiatives to engage its stakeholders can be described as socially responsible. This claim is not always acceptable because we have to understand when the different forms of stakeholder engagement are consistent with the concept of corporate social responsibility. The focus in SMFEs is justified, on the one hand, for its specific characteristics an…
Design management capability and product innovation in SMEs
2013
[Purpose]: The aim of this paper is to present design management as a dynamic capability and to analyze its mediating role between organizational learning capability and product innovation performance in small and medium enterprises (SMEs). [Design/methodology/approach]: Structural equation modeling is used to test the research hypotheses based on data from the Italian and Spanish ceramic tile industries. The data are derived from the responses of 182 companies (50 percent of the target population) to a questionnaire addressed to Product Development Managers and Human Resource Managers. [Findings]: The results suggest that organizational learning capability enhances product innovation throu…
Investigation of AC Electrical Properties of MXene-PCL Nanocomposites for Application in Small and Medium Power Generation
2021
The paper examined Ti3C2Tx MXene (T—OH, Cl or F), which is prepared by etching a layered ternary carbide Ti3AlC2 (312 MAX-phase) precursor and deposited on a polycaprolactone (PCL) electrospun membrane (MXene-PCL nanocomposite). X-ray Diffraction analysis (XRD) and Scanning Electron Microscopy (SEM) indicates that the obtained material is pure Ti3C2 MXene. SEM of the PCL-MXene composite demonstrate random Ti3C2 distribution over the nanoporous membrane. Results of capacitance, inductance, and phase shift angle studies of the MXene-PCL nanocomposite are presented. It was found that the frequency dependence of the capacitance exhibited a clear sharp minima in the frequency range of 50 Hz to o…
Contemporary Role of SMEs in Employment in Manufacturing and Service Industries
2017
Abstract. Analysis made in the article allows to conclude that the SME sector of high-tech manufacturing industries plays growing role in solving the problems of employment in developed countries. However, the major problem is that it is capable for only partial compensation of the loss of jobs in labour intensive sectors of the economy. Accumulation of knowledge of the population in industrialized countries together with high levels of computer literacy contributes to the revitalization of business services sellers that are mainly small sized businesses. In the era of fast growing technology industries, in particular related to IT sector, the role of SMEs in economy is increasing as they a…
Role of alternative food networks in Sicilian farms
2014
Today the short supply chain can be carried out through several typologies which are called as alternative food networks (AFNs). In fact, according to some studies, it is an 'alternative' response to the dominant agro-food system, which offers the possibility to produce food products through supply chains that are opposed to long, complex and rationally organised industrial chains. In the last years many European farmers adopted short supply chain to commercialise their agro-food products and Italy is one of the EU members in which AFNs are developed, thanks to its numerous typical an local products. The aim of this paper has been to analyse the role that AFNs play in Sicilian farms and how…
The impact of corporate characteristics on the financial decisions of companies: Evidence on funding decisions by Italian SMEs
2015
Small and medium enterprises (SMEs) represent a large percentage of the corporate tissue of developed countries, but they do not have adequate attention. In fact, various researchers have focused their studies on larger and well-known companies. This paper aims to investigate the impact of corporate characteristic on the financial choices of SMEs, with a specific focus on agro-food micro companies. Access to finance is vital in business start-up, development and growth for SMEs, all with very different needs and facing different challenges in terms of finance compared to large companies. The lack of equity invested in small enterprises makes them more dependent on other external sources (e.…