Search results for "ta512"
showing 10 items of 218 documents
Life-cycle effects in small business finance
2017
This paper studies the life-cycle profiles of small firms’ cost and use of credit using a panel of Finnish firms. The choice of method matters for the conclusions drawn about the relationship between firm age and financing costs; the cross-sectional age profiles of financing costs are hump-shaped and consistent with hold-up theories, whereas methods that control for cohort fixed effects demonstrate that the financing costs decrease monotonically as the firms mature. The life-cycle profiles of the use of credit also indicate that firms are more dependent on financial intermediaries in the early periods of their lives. Furthermore, the cohorts born during recessions pay higher financing costs…
Institutional Logics in Police Performance Indicator Development : A Comparative Case Study of Spain and Finland
2015
Police performance is not easily measurable and the organization and circumstances of police work vary among European countries. Further, police work is surrounded by multiple pressures to make it both economical and effective. Consequently, there are multiple institutional logics in decision-making which may affect the selection and the use of police key performance indicators (KPIs). The KPI selection and use processes reflect the institutional logics, though KPI use may also sometimes influence the institutional logics of police work. In this study, we analyze the KPIs and institutional logics in police work in Finland and Spain. A comparative case research approach is used in order to h…
Quality management in the public sector accounting department - (un)avoidable quality costs and unlikely financial impacts
2017
This paper investigates the nature of quality costs and the likelihood of their having financial impacts in the public sector. An illustrative quality development case project in an accounting department of a Finnish city administration is presented. The empirical data includes answers to a qualitative project question sheet, workshop material and participative observation. Quality problems are classified according to their quality cost category and the extent to which they are avoidable. Some of the quality costs proved unavoidable and some are likely to lack financial impact, exhibiting sticky cost behaviour. The study indicates that certain prevention and appraisal costs in the public se…
An eco-label for the airline industry?
2017
Abstract Air travel plays a vital role in today's life because it makes remote destinations accessible and short getaways possible. Despite its benefits, air transportation contributes heavily to climate change. Behavioral change is seen as a key driver in mitigating the environmental impacts of air travel. One way to encourage behavioral change is to use eco-labels. This study explores how an eco-label could be developed for the airline industry to function as a potential driver for behavioral change. 12 interviews with airline industry experts were conducted and thematically analyzed. Empirical results were then combined with prior research and the following five criteria essential for th…
Multicriteria evaluation of carbon-neutral heat-only production technologies for district heating
2018
Climate change mitigation requires reducing dependence on fossil fuels and transition to low carbon energy production technologies. Nearly half of the global final energy consumption is thermal energy produced from technologies with high carbon dioxide emission. As such, it is imperative to employ carbon-neutral heat production to achieve a sustainable energy system. This paper presents a real-life case of applying multicriteria decision analysis for evaluating carbon-neutral heat-only production technologies in a major district heating system in Finland. A group of 10 experts from the energy company contributed in defining the alternative technologies and multiple economic, technological, …
Towards a broader perspective on the forms of eco-industrial networks
2014
Abstract This paper explores various forms of eco-industrial networks in advancing environmental sustainability. Prior research on environmental sustainability primarily identifies industrial actors as autonomous entities or considers the role of networks in advancing environmental sustainability from a rather narrow perspective. However, the networks of ties in which industrial firms are embedded profoundly impacts not only their own performance, but also the natural environment in which they operate. Based on a systematic literature review, we identify four forms of eco-industrial networks that have the potential to advance environmental sustainability: 1) symbiosis networks, 2) sustainab…
Improving eco-efficiency of a swimming hall through customer involvement
2013
Abstract Findings from a project aiming to improve eco-efficiency of a swimming hall in Finland are presented in this article. There are various opportunities for eco-efficiency improvements for a swimming hall, many of which belong to responsibilities of the staff. However, there are aspects where also customers could participate. Consequently, changes in the current behavior of the swimming hall management, staff and customers are required. Results from customer survey and staff interviews suggest that lack of knowledge about the swimming hall-specific environmental impacts and possibilities of the respondent (either staff or customers) to actively engage in pro-environmental work at the …
Innovativeness and Family-Firm Performance: The Moderating Effect of Family Commitment
2016
The positive relationship between innovativeness and firm performance is well established and applies equally to all businesses, including family firms. However, little is yet known about how the unique characteristics of family firms influence this relationship. Drawing upon the resource-based view (RBV) of the firm, this study explains how the interplay between innovativeness as a firm-specific resource and family commitment as a family-specific resource affects performance. The analysis of longitudinal survey data collected from Finnish family firms demonstrates a curvilinear (U-shaped) moderating effect of the owner family’s commitment to the firm, in that the impact of innovativeness o…
Entrepreneurship and small businesses in Russia: A review of empirical research
2011
PurposeEntrepreneurship and small businesses in Russia have been of academic interest for over 15 years. This paper seeks to bring together current knowledge concerning the phenomenon, and to suggest further directions for research.Design/methodology/approachThe study consists of a systematic review of 48 refereed empirical articles on entrepreneurship and small businesses in Russia.FindingsFrom the articles reviewed it appears that entrepreneurs in Russia use non‐material resources to overcome the financial and institutional obstacles, which still seem to afflict the market. However, theoretical and methodological issues are, in many cases, poorly reported and this undermines the scientifi…