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《Management Studies》

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Tower Semiconductor Acquisition: Advancing Intel’s Presence in the Global Market
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作者 CHEN Kangmin 《Management Studies》 2024年第1期33-41,共9页
This paper delves into the economic event surrounding Intel Corporation’s high-profile acquisition of Tower Corporation.It aims to investigate the reasons behind Intel’s decision to acquire Tower,employ the SWOT ana... This paper delves into the economic event surrounding Intel Corporation’s high-profile acquisition of Tower Corporation.It aims to investigate the reasons behind Intel’s decision to acquire Tower,employ the SWOT analysis method to evaluate the event,and examine its impact on relevant stakeholders.The findings indicate that Intel’s acquisition of Tower was driven by objectives such as strengthening business areas,expanding market share,technological innovation and development,and future development strategy.Through the application of SWOT analysis,it becomes evident that the advantages of the acquisition lie in strengthening technical capabilities and expanding business segments,while simultaneously facing challenges such as integration complexities and pressure.The significance of this paper lies in gaining a comprehensive understanding of the strategic motivations and potential impacts associated with corporate acquisitions,thereby providing valuable insights for decision-making processes.The innovation lies in the comprehensive utilization of SWOT analysis to holistically evaluate the acquisition event,enabling a thorough assessment of its various aspects.For government and policymakers,they should strength regulation of corporate takeovers to ensure fair and transparent market competition,provide support and incentives,and strength cooperation to develop common policies and norms.As for enterprises,it is advised that strategic planning and comprehensive consideration should be formulated and carried out when making acquisitions.Also,stakeholders should actively participate in and monitor the process of corporate acquisition discussion and decision-making,and strengthen cooperation to ensure fair competition,maximizing the interests of all parties. 展开更多
关键词 intel corporation tower corporation ACQUISITION strategic motivation potential impacts SWOT analysis COOPERATION
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The Subscription Economy and Its Contribution to the Global Economy
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作者 Paula Cobzaru Alexandru Tugui 《Management Studies》 2024年第3期137-145,共9页
The subscription economy has become a dominant influence in the current business environment,fundamentally transforming the manner in which organizations interact with customers and create income.This article examines... The subscription economy has become a dominant influence in the current business environment,fundamentally transforming the manner in which organizations interact with customers and create income.This article examines the substantial influence of the subscription economy on the worldwide economy,evaluating its effects on different industries and marketplaces.The research examines relevant literature and case studies to identify the main factors,difficulties,and possibilities related to the subscription economy.Moreover,its objective is to examine the consequences for firms,customers,and economic expansion,elucidating the possibility of continuous value generation and innovation. 展开更多
关键词 subscription model subscription economy business model shift new digital economy global economy
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The Cooperation of Logistics Among European Countries as These Experiences for South East Countries When It Comes to the Establishment of ASEAN Economic Community
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作者 Linh Duy Bui Toan Huynh Luu Duc 《Management Studies》 2017年第1期38-48,共11页
The called paper presents logistics cooperation activities in European countries, which are put in the situation of establishment of ASEAN Economic Community, particularly South East countries. This will be considered... The called paper presents logistics cooperation activities in European countries, which are put in the situation of establishment of ASEAN Economic Community, particularly South East countries. This will be considered as the experience in managing by government officers as well as the board management of logistics. The authors' methodology is almost descriptive, theoretical analyses. In addition, conducting information-related survey and in-depth interviews by experts will be considered in case of necessary. This paper focuses on Logistic Corporation leading to result in some benefits including bringing on effective in transportation, cutting cost, and saving time; improving the transportation connectivity among countries in ASEAN area; facilitating the construction of infrastructure and legal framework, and assisting to develop regional logistic activity. In this research, the authors focus on analyzing in the period before and after 2015, they attempt to investigate the turning point in the installment of ASEAN Economic Community, including 10 countries with the signed print by the prime minister in these nations. For future research, it is suggested that the cooperation is worth taking into consideration as the innovation related to management activities in microscopes (inside business) as well as macro scopes (countries) in logistics sector. Furthermore, lessons from the success of the European market are the basis foundation for the ASEAN Economic Community in setting up a common market in the field of logistics, shortening time to avoid mistakes and making the intended plan more possible to develop regional logistic activity. Logistic cooperation among nations has played an important and critical role in formation and development of country collaboration, creating the efficiency and capacity of trade among nations of region. Consequently, this paper can provide valuable pointers for shaping AEC. 展开更多
关键词 cooperation of logistics ASEAN economic community European countries
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A Study on the Impact of China’s Demographic Structure on Human Capital Accumulation-Based on a Panel Data Model
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作者 YANG Lu CHEN Wenxuan 《Management Studies》 2022年第5期284-293,共10页
With the development of the times,the role of human capital in economic growth has been highlighted.However,in the current academic world,the research on the topic of demographic structure and human capital accumulati... With the development of the times,the role of human capital in economic growth has been highlighted.However,in the current academic world,the research on the topic of demographic structure and human capital accumulation is not closely integrated.China is now in a period of economic transformation and upgrading,and it is urgent to change the traditional economic growth model,increase human capital investment,and cultivate new growth momentum.Therefore,this paper examines the impact of China’s population structure on human capital accumulation by constructing a mathematical model based on relevant panel data of 31 provinces(municipalities and autonomous regions)from 2001 to 2020.The empirical results show that human capital accumulation in China has a certain lagging effect,while population age and urban-rural structure enhance human capital accumulation in both quantitative and qualitative terms,respectively.In addition,industrial transformation,economic growth level,and per capita income all have significant positive effects.The effect of education,on the other hand,is not significant,while the interaction between urbanization and industrial structure may hurt it.Based on this,this paper proposes targeted countermeasures and suggestions in terms of fully developing the population quality dividend,fully tapping the talent knowledge dividend,continuously improving the health dividend,and continually tapping the aging dividend. 展开更多
关键词 demographic structure human capital accumulation empirical analysis regression model
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Analysis of International Migrant Workers: Case Study of Worker of Madura Origin
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作者 R. M. Moch. Wispandono Nety Dyah Kurniasari Deny S. B. Yuherawan 《Management Studies》 2018年第5期384-394,共11页
As international migrant workers, they should equip themselves with appropriate knowledge and skills to compete with other overseas workers in the global job market. This means that international migrant workers need ... As international migrant workers, they should equip themselves with appropriate knowledge and skills to compete with other overseas workers in the global job market. This means that international migrant workers need to improve their quality and ability. In addition, it also requires a high work and motivation to produce a satisfactory performance. Capabilities like cognitive, affective, and psychomotor abilities are needed to support performance Information related to three abilities also motivation is important from international migrant workers from the island of Madura to be analyzed. Based on the results of qualitative research using interview technique and observation on three informants who had worked abroad as nursing, baby sitter, and housekeeper whose data validity of interview result is measured using triangulation method, it shows different ability in working on his job (though having the same motivation) resulted different performance. Low performance due to lack of ability in cognitive, affective, and psychomotor aspects resulted in workers who could not compete with other workers. The evidence came from the lack of contract extension for low-performing workers. It is therefore recommended for prospective international migrant workers to equip themselves with sufficient capacity through trainings undertaken by government training center (Balai Latihan Kerja/BLK) 展开更多
关键词 international migrant workers ability MOTIVATION performance COMPETITIVE
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Impact of Human Resource Management on Economy: Firm Management Perspective
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作者 Gurhan Uysal 《Management Studies》 2017年第4期308-311,共4页
Firms produce national GDP in an economy. There are several functions in firm management, and managers operate those functions. They are logistics, supply, stock, finance, accounting, marketing, production, etc. All h... Firms produce national GDP in an economy. There are several functions in firm management, and managers operate those functions. They are logistics, supply, stock, finance, accounting, marketing, production, etc. All have managers such as accounting manager, fmance manager, marketing manager, etc. Performance of managers is crucial to firm performance. Because performance of managers might become one determinator of firm performance. Therefore, HRM may have an impact on GDP through managers. Because productions and sales of firms affect GDPs in an economy. 展开更多
关键词 GDP PROFESSIONALS MANAGERS HRM firm performance
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Financial Effectiveness and Areas of Improvement in Greek Municipalities
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作者 Petros Pallis Christos Pallis 《Management Studies》 2017年第3期183-193,共11页
The aim of this research is to separate the entire sample of Municipalities in Greece into categories, based on the effectiveness of financial management and financial performance into effective and ineffective ones. ... The aim of this research is to separate the entire sample of Municipalities in Greece into categories, based on the effectiveness of financial management and financial performance into effective and ineffective ones. In this study, it investigated the existence of differences between the characteristics of these two categories. The main objective is to investigate the influence of financial effectiveness regarding those areas falling under state jurisdiction with the greatest room for improvement. Specifically, in Municipalities with ineffective financial management, local employment was notably considered to be the area with the greatest margin for improvement. Additionally, 21% of mayors of Municipalities with effective fmancial management consider that the state area of responsibility with the greatest capacity for improvement is that of attracting private investment. Moreover, the influence of financial effectiveness regarding the areas of competence of Greek Municipalities with the greatest room for improvement has a similar pattern. According to responses from mayors in Municipalities with ineffective fmancial administration, the areas of competence with the greatest room for improvement are provision and maintenance of infrastructure (23% of responses) and attraction of private investment (19% of responses). Accordingly, responses from mayors in Municipalities with the highest financial performance indicate that the areas of competence with the greatest room for improvement are provision and maintenance of infrastructure (21% of responses) and attraction of private investment (20% of responses). 展开更多
关键词 Greek Municipalities local development public finance financial performance financial management empirical investigation
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Enhancement of Competitiveness of Border Trade Entrepreneurs: Case Study of Su-Ngai Kolok Checkpoint, Narathiwat Province
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作者 Sumalee Grodgangunt Roihan Saaree +2 位作者 Chonlakan Satabodee Rungsiri Padungrat Mathurose Tongintharach 《Management Studies》 2024年第4期225-244,共20页
This research aimed to analyze the enhancement of competitiveness among fruit and vegetable export entrepreneurs,with the case study of the Su-ngai Kolok checkpoint in Narathiwat Province.This research focused on thre... This research aimed to analyze the enhancement of competitiveness among fruit and vegetable export entrepreneurs,with the case study of the Su-ngai Kolok checkpoint in Narathiwat Province.This research focused on three objectives:(1)examining how competitiveness is enhanced through government support and the development of border trade zones,(2)studying the supply chain dynamics,including strategic factors and opportunities in agricultural product management,and(3)developing a model for border trade to strengthen exporters’capabilities.The research employed qualitative methods,with data collected from 25 informants through interviews and employed descriptive methods.The research results revealed that:(1)government agencies play a crucial role in improving competitiveness by developing border economic zones and trade policies;additionally,(2)the research highlighted the importance of strategic partnerships,network building,and efficient logistics along the value chain;(3)the proposed Border Trade Model includes elements for instance government policy,partnerships,entrepreneurial potential,and transportation channels,aiming to enhance the overall efficiency and effectiveness of vegetable and fruit exporters in the region. 展开更多
关键词 ENHANCEMENT COMPETITIVENESS border trade entrepreneurs
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Research on Innovation of Fair Competition Review System in Shenzhen
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作者 WANG Yu LI Changsheng 《Management Studies》 2023年第4期202-214,共13页
The Shenzhen Fair Competition Review System has experienced internal review and cross-examination since its inception.However,it is still dominated by the self-review of policy-making organs,with a lack of effective c... The Shenzhen Fair Competition Review System has experienced internal review and cross-examination since its inception.However,it is still dominated by the self-review of policy-making organs,with a lack of effective control and restraint mechanisms.In addition,insufficient compensatory effect of the external review has led to weak effectiveness of social supervision.Shenzhen is currently the pilot of an independent fair competition review system.The Fair Competition Commission can be set up as an independent review body.Then,the operational mechanism should be improved and the constraints and incentives should be set up scientifically.Last but not the least,by strengthening the social supervision network for fair competition review,the legality and rationality of a wide range of local regulations,rules,and normative documents will be reviewed,thereby regulating the behavior of policy-making organs. 展开更多
关键词 independent review review agency restraint mechanisms
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Exploring Industry 4.0 Paradigm as Applied to Project Management:A Proof of Concept
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作者 Paolo Eugenio Demagistris Waseem Khan 《Management Studies》 2020年第5期341-357,共17页
This research study elaborates and conceptualizes the architectural framework of Industry 4.0 to be applied to project management.Research is based on the literature in digital transformation in project management and... This research study elaborates and conceptualizes the architectural framework of Industry 4.0 to be applied to project management.Research is based on the literature in digital transformation in project management and extends the literature in adding the feasibility of Industry 4.0 applied to project management.The exploring paradigm of Industry 4.0 is 5-layer architecture.Mixed research approach,a blend of qualitative and quantitative approach is adopted with the objective of acquisition of knowledge,examination of the concepts,and analysis of the theories in order to understand feasibility of Industry 4.0 in a constructive research methodology.Findings of the research suggest the feasibility of implementation of Industry 4.0 concepts for project management,especially for project monitoring and control.It is explored that there can be an automation of project management process with a certain degree of capability in decision making. 展开更多
关键词 project management project management 4.0 CPS architecture project automation digital EVA
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Is This Development and Freedom? Managing Sex Risk Behaviour in the Era of HIV and AIDS at a University in South Africa
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作者 Rosemary Chimbala-Kalenga Jonathan Makuwira 《Management Studies》 2016年第6期266-278,共13页
This study explored HIV risk perception of university students. A descriptive study design amongst a convenience sample of registered students at the Nelson Mandela Metropolitan University (NMMU), who gave voluntary... This study explored HIV risk perception of university students. A descriptive study design amongst a convenience sample of registered students at the Nelson Mandela Metropolitan University (NMMU), who gave voluntary informed consent to participate, and with access to the student portal was employed. Frequencies and percentages were used to describe categorical data. The Pearson correlation co-efficient (r) and Spearman's rank co-efficient were used to measure the strength or degree of the relationship between variables and identify the significance of the correlation between two variables respectively. Results indicate that males in the sample (n = 619) are more likely to acknowledge self-perceived risk than females. This paper concludes that management strategies should be put in place in all universities in order to help the students stay HIV negative. Unless HIV and AIDS are institutionalised, the management of risk behaviour will prove difficult. 展开更多
关键词 HIV and AIDS risk-behaviour university students social norms theory educational management
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Managing a University From Its Revenue Perspective-Empirical Illustration of Poznan University of Economics
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作者 Marek Cieslak Remigiusz Napiecek 《Management Studies》 2014年第2期123-139,共17页
The concept of higher education development allowing universities to make full contribution to the Lisbon Strategy, assumes an increased competitiveness of European universities. Such increase should result in making ... The concept of higher education development allowing universities to make full contribution to the Lisbon Strategy, assumes an increased competitiveness of European universities. Such increase should result in making them more attractive to students, improving teaching quality, and finally ensuring higher levels of research and innovation. Universities will not become innovative and responsive to change unless they are given real autonomy and accountability. This requires new internal governance systems based on strategic priorities and on professional management of human resources, investment, and administrative procedures. The purpose of this paper is to evaluate the relationship between education and scientific activities of universities. The said interrelation was analyzed both from the perspective of the university's main sources of revenues (i.e., subsidies), as well as from the perspective of financial results generated by the university's internal units. The paper's objective determines the choice of research methods, based on critical, comparative, and descriptive analysis. The paper contains elements of deductive reasoning. The authors' analysis showed a strongly negative correlation of research performance to educational performance. The structure of algorithms used to calculate the subsidy paid to a given university may suggest a negative correlation between its revenues from educational activity and those from research. However, by analyzing the variability of revenues vis-a-vis the main components of algorithms used to calculate the subsidy one can conclude that revenues from research and from education are not interrelated. This lack of any relationship could be explained by considerable inertia of the subsidies. Changes in key algorithm components do not have a proportional effect on the amount of available subsidy. 展开更多
关键词 UNIVERSITY REVENUES educational activity research activity correlation
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Blockchain for Solid Waste Trading
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作者 Mila Ilieva-Obretenova 《Management Studies》 2023年第2期53-64,共12页
A green economy is an economy that aims to reduce environmental risks and ecological scarcities,and that lines up sustainable development without degrading the environment.Waste can be solid,liquid,or gas and each typ... A green economy is an economy that aims to reduce environmental risks and ecological scarcities,and that lines up sustainable development without degrading the environment.Waste can be solid,liquid,or gas and each type has different methods of disposal and management.Since the common principles of management are efficiency and fairness,Blockchain as a peer-to-peer concept with a consensus mechanism is suitable for waste management.The paper presents the first stage of project“Blockchain in solid waste management”.From several points of view a review of solid waste management is performed,in which the blockchain has the major role:(1)problem definition and possible solutions;(2)Blockchain applications in solid waste management;(3)blockchain applications for different solid waste types;(4)blockchain elements for waste management;(5)blockchain in cooperation with other technologies.The author syntheses advanced sorting process,models of Blockchain in solid waste trading,and three use cases with selected granularity.The used design methodology is unified modelling language:activity diagrams and communication diagrams.The author applies the principles of supply and demand.The models are intended for business developers,university professors,and students. 展开更多
关键词 green economy solid waste waste management blockchain waste trading
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From New Media to Cloud Service,Can Independent College Libraries Face It Calmly?—Based on the Investigation and Analysis of Relevant Applications of Independent College Libraries in Jiangsu Province
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作者 Huixia He 《Management Studies》 2020年第3期251-256,共6页
The emergence and application of new media are both opportunities and challenges for the development of libraries.In light of statistical analysis of development and use of new media platform tools such as the library... The emergence and application of new media are both opportunities and challenges for the development of libraries.In light of statistical analysis of development and use of new media platform tools such as the library portal websites of independent colleges in Jiangsu Province,WeChat,MicroBlog,and mobile libraries,etc.,the author in this paper is aimed at studying independent college libraries’self-development level and innovation of service models under the new information network environment as well as how to win favorable time and space so as to easily face the advent of cloud service era. 展开更多
关键词 new media cloud service independent college library WeChat MicroBlog mobile library portal website
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Understanding the Impact of Economic Crisis on the Distribution of Organizational Decision-Making Authority
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作者 Murat Onuk 《Management Studies》 2020年第5期390-407,共18页
Understanding the dynamics of decision making in the right way is an important problem for the management of organizations.In today’s business life organizations are becoming more complex,and the environments they ar... Understanding the dynamics of decision making in the right way is an important problem for the management of organizations.In today’s business life organizations are becoming more complex,and the environments they are operating in,are becoming increasingly uncertain.The aim of this paper is to contribute to the understanding of the dynamics of managerial decision-making process in complex internal and external environments by sharing the results of an empirical study(Onuk,2009).While taking the levels of the organizational structure as one of the important dimensions of complex internal environment,complex external environment is reflected within the study as economic crisis.Using the survey tool developed by Onuk(2009),the empirical study realized in the Turkish organization of a large global company investigated decision-making process to understand how decision-making authority for different types of decisions,identified as strategic,tactical,and operational level decisions,was distributed throughout the organization levels,and how this distribution was impacted by economic crisis.The results of the study confirmed the following common expectations:(1)Strategic decisions are mostly taken at upper hierarchical levels of the organizational structure;(2)during times of economic crisis strategic decision making is centralized;and(3)during times of economic crisis distribution of decision-making authority is concentrated at upper management levels. 展开更多
关键词 DECISION DECISION-MAKING decision-making authority management levels organizational structure complexity strategic management economic crisis
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3rd Definition of SHRM: HR Systems Approach 被引量:1
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作者 Gurhan Uysal 《Management Studies》 2019年第5期496-501,共6页
First definition of SHRM is made by Devanna, Tichy and Fonbrum (1981, 1984). It is Michigan model. 1st definition relates HRM with strategic management. i.e., HRM affects firm-level strategies. Second definition is ma... First definition of SHRM is made by Devanna, Tichy and Fonbrum (1981, 1984). It is Michigan model. 1st definition relates HRM with strategic management. i.e., HRM affects firm-level strategies. Second definition is made by Wright and McMahan (1992). It relates HRM with performance. There exists direct relations between HRM and firm performance. Innovation capability of human resources provides of linear relation between HR and performance. HR make innovations, and it increases firm performance. This is linear relations in American HRM (HR (innovation)→ performance). This study makes 3rd definition in SHRM. It relates performance with HR systems. Accordingly, HR applies HR systems in organizations that increases employee’s individual performance. and individual performance has impact on firm performance. In 3rd definition there is relation between HR system and performance through individual performance. Moderator is individual performance. 展开更多
关键词 SHRM 3rd DEFINITION HR SYSTEMS INDIVIDUAL PERFORMANCE FIRM PERFORMANCE
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Post-2015 Development Priorities for the Arab World
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作者 Ibrahim Elnur Eileen Kuttab 《Management Studies》 2016年第2期49-59,共11页
The paper addresses the failure of renewing the same millennium development goals (MDGs) format in measuring achievement in a region like the Middle East and North Africa (MENA) region which is drastically being t... The paper addresses the failure of renewing the same millennium development goals (MDGs) format in measuring achievement in a region like the Middle East and North Africa (MENA) region which is drastically being transformed. A new approach focusing on "human security" principles based on freedom, dignity, justice, equality, solidarity, tolerance, and respect articulated in the millennium declaration is needed. Achieving this requires a more integrated, inclusive, and comprehensive development framework that is able to analyze and understand the context with its progress and setbacks. The paper realizes that measuring MDGs achievement does not only need a comprehensive integrated approach, but also a defmition of risks and challenges that the region faces. Issues like poverty, inequality, unemployment of graduates, personal and collective insecurity due to conflict, migration, and brain drain, food insecurity, and gender inequality are all issues that need to be redefined when analyzing the region to suit the context. The paper concludes that in order to understand the context, re-definition of concepts like poverty reduction, participation, and empowerment is needed to make concepts more relevant to the context. Lastly, the paper reflects the new call from youth for a new development model that is not based on market economy, ends political economy of the rentier states, and emphasizes a productive oriented economy that is able to generate employment and decent work. It also emphasizes democratic governance as an only path for a sustainable participatory development that can realize ambitions and aspirations of the majority of population. 展开更多
关键词 human security POVERTY gender inequality EMPOWERMENT millennium development goals (MDGs)
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Generation of Interactive Questionnaires Using YAWL-based Workflow Models
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作者 Raimond Wust Stephan Butikofer +1 位作者 Jurgen Spielberger Jorg Sigrist 《Management Studies》 2015年第6期273-280,共8页
A concept is introduced in this article which has strong practical impact for computer aided system configuration. System configuration is a cumbersome and fault sensitive task while setting up systems in a broad rang... A concept is introduced in this article which has strong practical impact for computer aided system configuration. System configuration is a cumbersome and fault sensitive task while setting up systems in a broad range of business applications like ERP (enterprise resource planning) and other workflow-systems. Given a generic process or workflow model in YAWL-notation (yet another workflow language) or any other process modeling language like business process model and notation or WFMC (workflow management coalition), it could be stated that, by using a set of reduction rules as introduced, it is possible to generate a hierarchically structured tree of sub graphs of the workflow graph-representation. According to the notation used, authors call these sub graphs facts. The tree structure of the graph-representation on one hand and the logical relation between the branches and leafs of the tree on the other can be utilized to create a set of constraints and dependencies among the single facts. Some researchers showed that the nested branches can be associated to (predefined) questions with respect to the configuration of a workflow management system, for instance an ERP-application. They presented an algorithm which dynamically sorts the questions and answers in a maximum efficient configuration path, while working through the corresponding questionnaire. By combining the different elements as facts, constraints on questions, and configuration space, it is thus possible to algorithmically generate the efficient structured and interactive questionnaire for the configuration of workflow systems and algorithmically check the consistency (dead lock free, free of synchronization structural conflict) of the underlying workflow model. The concept was tested in the prototype of the interactive questionnaire for configuration of the web-service based ERP-Application Posity. 展开更多
关键词 workflow modeling interactive questionnaire algorithmic process analysis workflow graph reduction formal workflow consistence ERP-system setup system automation
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Cumulative Effect of Debt and Tax on Firm Value:Optimal Capital Structure Theories in the Light of EMM
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作者 Valery V.Shemetov 《Management Studies》 2024年第5期255-276,共22页
We have shown that cornerstone articles considering effects of corporate debt on the firm value and constituting the basis of the trade-off theory of capital structure are wrong.Their main mistake is in ignoring the b... We have shown that cornerstone articles considering effects of corporate debt on the firm value and constituting the basis of the trade-off theory of capital structure are wrong.Their main mistake is in ignoring the business securing expenses(BSEs).In the framework of the extended Merton model(EMM),we consider the cumulative effect of debt and corporate taxes on the firm value and its survival,in other words,we revisit Modigliani-Miller Proposition 3(MMP3).We show that(1)debt affects the firm value and its survival,(2)this effect is negative,diminishing the firm value and its chances to survive,(3)the pressure increases as the debt grows provoking the firm’s default,(4)the main factors depressing the levered firm are its debt payments added to the BSEs of the identical unlevered firm and the length of debt maturity,(5)corporate taxes cause development of positive skewness in the asset distribution,but do not affect the location of this distribution in the asset axis.The presented model helps estimate the consequences of choosing this or that level of debt in the presence of corporate taxes and can make a useful instrument for practicing financial managers. 展开更多
关键词 geometric Brownian motion(GBM) extended Merton model business securing expenses corporate debt corporate taxes default probability
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HRM, Organizational Psychology and Personnel Psychology: Linear and Simplex Analysis of HR 被引量:2
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作者 Giirhan Uysal 《Management Studies》 2017年第2期149-152,共4页
Resarch topic of paper is lienar and simplex analysis in human resource management field. Research questions are quantitative models may increase effeciency of HR professionals, and mission of HRM field is to develop ... Resarch topic of paper is lienar and simplex analysis in human resource management field. Research questions are quantitative models may increase effeciency of HR professionals, and mission of HRM field is to develop positive organizational psychology in employees. Organizational psychology is important research field in British academy. Further, simplex methodolohy is presented by G. B. Dantzig after World War II in order to solve linear programming. First of all, goal function is established in simplex, which is to maximize firm performance in this paper. Secondly, limits of problem are determined. Main limits in applying HRM in organizations might be HR professionals and top management. For example, SHRM (Society for Human Resource Management) of USA organizes programs for increading competency of HR professionals. Further, top management may impede on effectively applying HRM in organizations. Therefore, both of them may establish limits of simplex function. Research methods of study cover in-depth literature review in HRM field, and study has qualitative research dimension. Data analysis reveals that HRM may consist of three figures: they are individual performance, talent management, and organizational psychology. To conclude, HRM is appled in organizations to develop individual performance, talent management, and organizational psychology. 展开更多
关键词 RENAISSANCE scientific revolution HRM theory HR professionals performance
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