Pub Date : 2019-02-28DOI: 10.17265/1537-1514/2019.02.003
Berrada Mohamed
During these last years, place branding has gained in popularity among local officials, institutional stakeholders, academic authors, and researchers since it has become a relevant topic at the heart of places’ issues of development, promotion, and attractiveness. Several disciplines have contributed separately to the development of place branding highlighting various concepts and different variables; however, the emergence recently of a convergence has led to a more comprehensive view of the subject and to expand its research platform by unveiling new issues. The interest of this paper is to put the place branding in its context, go back to its origins in order to understand its evolution, define it, and explain its conceptual development to come out at the end with future research tracks.
{"title":"Exploring Place Branding: State of the Art and Future Research Directions","authors":"Berrada Mohamed","doi":"10.17265/1537-1514/2019.02.003","DOIUrl":"https://doi.org/10.17265/1537-1514/2019.02.003","url":null,"abstract":"During these last years, place branding has gained in popularity among local officials, institutional stakeholders, academic authors, and researchers since it has become a relevant topic at the heart of places’ issues of development, promotion, and attractiveness. Several disciplines have contributed separately to the development of place branding highlighting various concepts and different variables; however, the emergence recently of a convergence has led to a more comprehensive view of the subject and to expand its research platform by unveiling new issues. The interest of this paper is to put the place branding in its context, go back to its origins in order to understand its evolution, define it, and explain its conceptual development to come out at the end with future research tracks.","PeriodicalId":65561,"journal":{"name":"美中经济评论:英文版","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41799443","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-01-28DOI: 10.17265/1537-1514/2019.01.002
M. Jumaa, Maher Ibrahim Tawdrous
The monetary policy plays an act role in a country’s economic growth if it is implemented effectively to maintain price stability and to keep inflation rate at minimum level. Such goals are achieved through a process by which monetary authority of a country controls the supply of money, availability of money, and cost of money or interest rate. Monetary policy is directly associated with the changes in the economy. Thus, the primary objective of the United Arab Emirates (UAE) is promoting the economic growth through its tools, i.e., interest rate, inflation, and money supply to stabilize the appealing economic condition level within the country. The main focus of the paper is to investigate the role of monetary policy in the UAE for the last 10 years on the economic growth of the country. So, a descriptive analysis of the influences of the monetary policy on the Gross Domestic Product (GDP) has been carried out to measure the correlation between them. The data have been obtained from different sources. Information on the Gross Domestic Product and money supply were extracted from the Globe Development Indicators Information (2018). Whereas, the information on the interest rates and inflation are obtained from the official web site of the UAE Central Bank. The analysis outcomes reveal that there is a positive correlation between money supply and the economic growth in the UAE, but it was insignificant. So, there is insufficient evidence supporting this relationship. Also, it has been found that if money supply changes, the interest rate will not change tangibly to enhance the investment, and thus, the economic growth in the country since the monetary policy in the UAE is not totally independent. However, the analysis outcomes showed inverse impact of the interest rate on the GDP with significant evidence. The same insignificant result has been found on the impact of the inflation rates on the GDP. Therefore, the impact of monetary policy on the economic growth was insignificant except for the interest rates.
{"title":"Impact of the Monetary Policy on the UAE Economic Growth (Post Financial Crises)","authors":"M. Jumaa, Maher Ibrahim Tawdrous","doi":"10.17265/1537-1514/2019.01.002","DOIUrl":"https://doi.org/10.17265/1537-1514/2019.01.002","url":null,"abstract":"The monetary policy plays an act role in a country’s economic growth if it is implemented effectively to maintain price stability and to keep inflation rate at minimum level. Such goals are achieved through a process by which monetary authority of a country controls the supply of money, availability of money, and cost of money or interest rate. Monetary policy is directly associated with the changes in the economy. Thus, the primary objective of the United Arab Emirates (UAE) is promoting the economic growth through its tools, i.e., interest rate, inflation, and money supply to stabilize the appealing economic condition level within the country. The main focus of the paper is to investigate the role of monetary policy in the UAE for the last 10 years on the economic growth of the country. So, a descriptive analysis of the influences of the monetary policy on the Gross Domestic Product (GDP) has been carried out to measure the correlation between them. The data have been obtained from different sources. Information on the Gross Domestic Product and money supply were extracted from the Globe Development Indicators Information (2018). Whereas, the information on the interest rates and inflation are obtained from the official web site of the UAE Central Bank. The analysis outcomes reveal that there is a positive correlation between money supply and the economic growth in the UAE, but it was insignificant. So, there is insufficient evidence supporting this relationship. Also, it has been found that if money supply changes, the interest rate will not change tangibly to enhance the investment, and thus, the economic growth in the country since the monetary policy in the UAE is not totally independent. However, the analysis outcomes showed inverse impact of the interest rate on the GDP with significant evidence. The same insignificant result has been found on the impact of the inflation rates on the GDP. Therefore, the impact of monetary policy on the economic growth was insignificant except for the interest rates.","PeriodicalId":65561,"journal":{"name":"美中经济评论:英文版","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-01-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46301364","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-01-28DOI: 10.17265/1537-1514/2019.01.004
A. Alghwail
Scarcity and sustainability of water resources are the most important problem amongst the major problems that human faces in the present and will increasingly face in the future. The current water crisis is complex and a result of several factors. Sustainable management of water resources is imperative as water scarcity is becoming a development constraint, impeding the economic growth of many countries in the globe. Environmental ethics can be a valuable tool for sustainable resource management in any region in the globe. Recognizing water as finite and vulnerable involves a holistic approach, linking social and economic with ecosystem protection, and should be applied across a whole catchments area or groundwater aquifer. This holistic approach is an important implication of the finite nature of water.
{"title":"Environmental Ethics of Water Resources Management","authors":"A. Alghwail","doi":"10.17265/1537-1514/2019.01.004","DOIUrl":"https://doi.org/10.17265/1537-1514/2019.01.004","url":null,"abstract":"Scarcity and sustainability of water resources are the most important problem amongst the major problems that human faces in the present and will increasingly face in the future. The current water crisis is complex and a result of several factors. Sustainable management of water resources is imperative as water scarcity is becoming a development constraint, impeding the economic growth of many countries in the globe. Environmental ethics can be a valuable tool for sustainable resource management in any region in the globe. Recognizing water as finite and vulnerable involves a holistic approach, linking social and economic with ecosystem protection, and should be applied across a whole catchments area or groundwater aquifer. This holistic approach is an important implication of the finite nature of water.","PeriodicalId":65561,"journal":{"name":"美中经济评论:英文版","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-01-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46124219","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-01-28DOI: 10.17265/1537-1514/2019.01.003
María Elena Espín Oleas, Mariela Arévalo Palacios.
The world of the trading offers a group of very structured economic rules starting from which it is operated in bag or in binary options being that bigger risk represents for the investment. However, to diminish this risk will depend on the experience and the knowledge that he/she has the operator in the transaction type that he/she carries out or want to make. The binary options are a financial product on an underlying assets or support and it indicates it understands of 50% of probabilities of loss and 50% of gain probabilities, what understands each other like a relationship 1:1. The knowledge of this type of operations makes that its traders get interests in short time; however, not to know how the market works; it bears to losses exaggerated and possible swindles. The article develops a strategy to diminish the risk in these transactions, based on a bibliographical revisation, statistic, with a qualitative methodology, investigation―action that involves the actions that he/she will be able to develop a trader to mitigate the risk of its transactions, with the objective of maintaining the investment in rise, and with a minimum opening capital and without significant losses.
{"title":"Strategy to Prevent the Risk of Trading in Binary Options","authors":"María Elena Espín Oleas, Mariela Arévalo Palacios.","doi":"10.17265/1537-1514/2019.01.003","DOIUrl":"https://doi.org/10.17265/1537-1514/2019.01.003","url":null,"abstract":"The world of the trading offers a group of very structured economic rules starting from which it is operated in bag or in binary options being that bigger risk represents for the investment. However, to diminish this risk will depend on the experience and the knowledge that he/she has the operator in the transaction type that he/she carries out or want to make. The binary options are a financial product on an underlying assets or support and it indicates it understands of 50% of probabilities of loss and 50% of gain probabilities, what understands each other like a relationship 1:1. The knowledge of this type of operations makes that its traders get interests in short time; however, not to know how the market works; it bears to losses exaggerated and possible swindles. The article develops a strategy to diminish the risk in these transactions, based on a bibliographical revisation, statistic, with a qualitative methodology, investigation―action that involves the actions that he/she will be able to develop a trader to mitigate the risk of its transactions, with the objective of maintaining the investment in rise, and with a minimum opening capital and without significant losses.","PeriodicalId":65561,"journal":{"name":"美中经济评论:英文版","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-01-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42943656","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-01-28DOI: 10.17265/1537-1514/2019.01.001
R. Carè, G. Ferraro
Social Impact Bonds (SIBs) have quickly attracted the attention of policy makers, practitioners, and academics due to their ability to fund innovative health and social programs while generating savings for governments and financial returns for investors. Health Impact Bonds (HIBs) represent the adaptation of these current examples of Social Impact Bonds in recidivism and child removal into new health programs and interventions that encourage investments in cost-saving preventive services in order to reduce the need for more costly remediation and fill the market gap between the private and public sectors. This work provides an overview of this emerging funding scheme and proposes reflections and suggestions useful for both practitioners and policy makers. Thus, the first part of the work presents an overview of the literature about SIBs and HIBs by highlighting the opportunities and challenges related to their implementation, the second part provides qualitative and quantitative data on all the existing HIBs, and the last part provides a discussion and suggestions useful for their implementation.
{"title":"Funding Innovative Healthcare Programs Through Social Impact Bonds: Issues and Challenges","authors":"R. Carè, G. Ferraro","doi":"10.17265/1537-1514/2019.01.001","DOIUrl":"https://doi.org/10.17265/1537-1514/2019.01.001","url":null,"abstract":"Social Impact Bonds (SIBs) have quickly attracted the attention of policy makers, practitioners, and academics due to their ability to fund innovative health and social programs while generating savings for governments and financial returns for investors. Health Impact Bonds (HIBs) represent the adaptation of these current examples of Social Impact Bonds in recidivism and child removal into new health programs and interventions that encourage investments in cost-saving preventive services in order to reduce the need for more costly remediation and fill the market gap between the private and public sectors. This work provides an overview of this emerging funding scheme and proposes reflections and suggestions useful for both practitioners and policy makers. Thus, the first part of the work presents an overview of the literature about SIBs and HIBs by highlighting the opportunities and challenges related to their implementation, the second part provides qualitative and quantitative data on all the existing HIBs, and the last part provides a discussion and suggestions useful for their implementation.","PeriodicalId":65561,"journal":{"name":"美中经济评论:英文版","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-01-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43056343","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-09-28DOI: 10.17265/1537-1514/2018.09.004
Džemal Kulašin, Nezir Huseinspahić, Dalila Goran
Today, companies are no longer judged only on the basis of financial gain but also on the basis of contributions to the wider community. Empirical research has identified differences in the extent of published information about corporate social responsibility activities considering the size of the bank. It was found that big banks in Bosnia and Herzegovina published significantly less information on their websites about social responsibility even though their parent banks have a good practice of socially responsible behavior. The paper proposes a systematization of socially responsible reporting and points out underdeveloped areas of corporate social responsibility activities of banks.
{"title":"CSR Testing in Bosnia and Herzegovina—Empirical Study","authors":"Džemal Kulašin, Nezir Huseinspahić, Dalila Goran","doi":"10.17265/1537-1514/2018.09.004","DOIUrl":"https://doi.org/10.17265/1537-1514/2018.09.004","url":null,"abstract":"Today, companies are no longer judged only on the basis of financial gain but also on the basis of contributions to the wider community. Empirical research has identified differences in the extent of published information about corporate social responsibility activities considering the size of the bank. It was found that big banks in Bosnia and Herzegovina published significantly less information on their websites about social responsibility even though their parent banks have a good practice of socially responsible behavior. The paper proposes a systematization of socially responsible reporting and points out underdeveloped areas of corporate social responsibility activities of banks.","PeriodicalId":65561,"journal":{"name":"美中经济评论:英文版","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-09-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"67487674","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-08-28DOI: 10.17265/1537-1514/2018.08.001
Y. Datta
Porter links high market-share with cost leadership strategy which is based on the idea of competing on a price that is lower than that of the competition. But, customer-perceived quality—not low cost—should be the foundation of competitive strategy, because it is far more vital to long-term competitive position and profitability than any other factor. So, a superior alternative is to offer better quality vs. the competition. In most consumer markets, a business seeking market-share leadership should try to serve the middle class by competing in the mid-price segment; and offering quality better than that of the competition: at a price somewhat higher to signify an image of quality, and to ensure that the strategy is both profitable and sustainable in the long run. Quality, however, is an intricate concept consumers generally find difficult to understand. So, they often use relative price and a brand’s reputation as a symbol of quality. The origin of the U.S. Dairy Industry goes back to family farms where cows grazed on grass. But today milk is produced in factories where cows are raised on corn feedlots which can make them prone to disease. Total U.S. shredded/grated cheese retail sales for 2008 were $3 billion. There were 17 package sizes ranging all the way from 1 oz to 80 oz. Of these, the 8-oz size captured about two-thirds of the market at 66%: the segment our statistical analysis is centered on. The shredded cheese segment accounted for the lion’s share of the market at 88.5%, with grated cheese way behind at 11.5%. It is a very competitive market with 509 brands in 2008. However, we have focused analysis on 28 brands whose 8 oz-pack sales were over $1 million. We tested two hypotheses: (1) That a market leader is likely to compete in the mid-price segment; and (2) that the unit price of the market leader is likely to be somewhat higher than that of the nearest competition. Employing U.S. retail sales data for 2008 and 2007, we found that the results supported both hypotheses for 2008, as well as 2007. We also found strong support for the idea, that relative price is a strategic variable. We compared the results of this project with similar studies: the U.S. Men’s Shaving Cream Market, the U.S. Beer Market, and the U.S. Shampoo Market. We found the results to be very similar, indicating a pattern emerging for consumer markets. Finally, we discovered four strategic groups in the industry.
{"title":"The U.S. Shredded/Grated Cheese Market: A Competitive Profile","authors":"Y. Datta","doi":"10.17265/1537-1514/2018.08.001","DOIUrl":"https://doi.org/10.17265/1537-1514/2018.08.001","url":null,"abstract":"Porter links high market-share with cost leadership strategy which is based on the idea of competing on a price that is lower than that of the competition. But, customer-perceived quality—not low cost—should be the foundation of competitive strategy, because it is far more vital to long-term competitive position and profitability than any other factor. So, a superior alternative is to offer better quality vs. the competition. In most consumer markets, a business seeking market-share leadership should try to serve the middle class by competing in the mid-price segment; and offering quality better than that of the competition: at a price somewhat higher to signify an image of quality, and to ensure that the strategy is both profitable and sustainable in the long run. Quality, however, is an intricate concept consumers generally find difficult to understand. So, they often use relative price and a brand’s reputation as a symbol of quality. The origin of the U.S. Dairy Industry goes back to family farms where cows grazed on grass. But today milk is produced in factories where cows are raised on corn feedlots which can make them prone to disease. Total U.S. shredded/grated cheese retail sales for 2008 were $3 billion. There were 17 package sizes ranging all the way from 1 oz to 80 oz. Of these, the 8-oz size captured about two-thirds of the market at 66%: the segment our statistical analysis is centered on. The shredded cheese segment accounted for the lion’s share of the market at 88.5%, with grated cheese way behind at 11.5%. It is a very competitive market with 509 brands in 2008. However, we have focused analysis on 28 brands whose 8 oz-pack sales were over $1 million. We tested two hypotheses: (1) That a market leader is likely to compete in the mid-price segment; and (2) that the unit price of the market leader is likely to be somewhat higher than that of the nearest competition. Employing U.S. retail sales data for 2008 and 2007, we found that the results supported both hypotheses for 2008, as well as 2007. We also found strong support for the idea, that relative price is a strategic variable. We compared the results of this project with similar studies: the U.S. Men’s Shaving Cream Market, the U.S. Beer Market, and the U.S. Shampoo Market. We found the results to be very similar, indicating a pattern emerging for consumer markets. Finally, we discovered four strategic groups in the industry.","PeriodicalId":65561,"journal":{"name":"美中经济评论:英文版","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46912840","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-08-28DOI: 10.17265/1537-1514/2018.08.002
Iha Haryani Hatta, Widarto Rachbini
{"title":"Community Analysis of Local Fashion Brands in Social Media, Customer Centric Model, Brand Trust, and Brand Loyalty","authors":"Iha Haryani Hatta, Widarto Rachbini","doi":"10.17265/1537-1514/2018.08.002","DOIUrl":"https://doi.org/10.17265/1537-1514/2018.08.002","url":null,"abstract":"","PeriodicalId":65561,"journal":{"name":"美中经济评论:英文版","volume":"18 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"67487360","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-08-28DOI: 10.17265/1537-1514/2018.08.004
Carmen Ruiz-Viñals, Fernando Álvarez-Gómez
Although the concept of family business has become an increasingly used term in any reference to the economic analysis of productive activity, there is no internationally accepted definition of it. As a consequence, there is no agreement as to what the main pillars are that define the family business. In this study we aim to carry out a thorough literature review in order to determine the main pillars that might bring about academic consensus on this subject and to determine how both the evolution of the family business culture and the evolution of the family influence it. To start with, we should point out that the family business has a particular feature: A family owns or runs it. Specific values and principles from a non-family company will differentiate family companies. Its peculiarity is not its organisational structure or legal form, but the fact that it belongs to a family that runs or controls its decision-making processes. In an initial approach, different authors put forward a three-dimensional definition of the family business: (a) In a broad sense, the family exercises effective control of the strategic direction of the company to prevent the family losing its dominant position as the owner, even though it barely participates in the direct management of the business; (b) In a middle sense, the family business is an enterprise run by the founder or his/her descendants, who exercise legal control of the voting stock, and in which the family has some involvement in management; (c) In a narrow sense, multiple generations of the family participate to a great degree in the business and are involved in the running and owning of it; various family members have important management responsibilities. We analyze different definitions proposed for family business in order to establish whether effectively ownership (as a percentage) by the family and the desire for continuity in passing the company to the next generations are present, or not, in all definitions. Finally, we aim to determine how this affects both the evolution of the family business culture and the concept of the family. With this we can determine whether these two characteristics form the basis of the defining concept of family business, and are the “drivers” of the family business culture.
{"title":"Ownership and the Desire for Continuity Over Time, the Principal “Drivers” of the Family Business Culture","authors":"Carmen Ruiz-Viñals, Fernando Álvarez-Gómez","doi":"10.17265/1537-1514/2018.08.004","DOIUrl":"https://doi.org/10.17265/1537-1514/2018.08.004","url":null,"abstract":"Although the concept of family business has become an increasingly used term in any reference to the economic analysis of productive activity, there is no internationally accepted definition of it. As a consequence, there is no agreement as to what the main pillars are that define the family business. In this study we aim to carry out a thorough literature review in order to determine the main pillars that might bring about academic consensus on this subject and to determine how both the evolution of the family business culture and the evolution of the family influence it. To start with, we should point out that the family business has a particular feature: A family owns or runs it. Specific values and principles from a non-family company will differentiate family companies. Its peculiarity is not its organisational structure or legal form, but the fact that it belongs to a family that runs or controls its decision-making processes. In an initial approach, different authors put forward a three-dimensional definition of the family business: (a) In a broad sense, the family exercises effective control of the strategic direction of the company to prevent the family losing its dominant position as the owner, even though it barely participates in the direct management of the business; (b) In a middle sense, the family business is an enterprise run by the founder or his/her descendants, who exercise legal control of the voting stock, and in which the family has some involvement in management; (c) In a narrow sense, multiple generations of the family participate to a great degree in the business and are involved in the running and owning of it; various family members have important management responsibilities. We analyze different definitions proposed for family business in order to establish whether effectively ownership (as a percentage) by the family and the desire for continuity in passing the company to the next generations are present, or not, in all definitions. Finally, we aim to determine how this affects both the evolution of the family business culture and the concept of the family. With this we can determine whether these two characteristics form the basis of the defining concept of family business, and are the “drivers” of the family business culture.","PeriodicalId":65561,"journal":{"name":"美中经济评论:英文版","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"67487118","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-07-28DOI: 10.17265/1537-1514/2018.07.001
N. Öykü İyigün, Murat Yalçintaş
The Syrian Civil War has transformed the Middle-East firms drastically in many ways. As the number of dead people and refugees increased, Syrian economy was torn apart, regional economic ties broke down, and surrounding businesses slumped: The first economic effect on the bordering cities, such as Hatay stems from the decrease of bilateral transactions between Syria and Turkey; Secondly, the unstoppable flow of Syrian refugees pouring into Turkey, particularly into neighboring cities became a ticking economic time bomb. The aim of the present study is to explore crisis management practices of the firms in Hatay, a Syrian bordering city in Turkey, during Syrian Civil War and to observe the responses and reactions of the firms to the economic impacts of this crisis by analyzing the underlying dimensions of the choice of crisis management styles and strategies. Subsequently, the study discusses managerial and theoretical implications for “crisis management” literature which could be useful for policy-makers. Since recent research on crisis management has established a number of empirical studies, the present study aims to contribute to the related literature by using a qualitative methodology, including in-depth interviews with top executives of firms operating in Hatay, observations, and documents/archival records.
{"title":"A Managerial Evaluation of Syrian Civil War on Turkish Firms: Crisis Management Practices","authors":"N. Öykü İyigün, Murat Yalçintaş","doi":"10.17265/1537-1514/2018.07.001","DOIUrl":"https://doi.org/10.17265/1537-1514/2018.07.001","url":null,"abstract":"The Syrian Civil War has transformed the Middle-East firms drastically in many ways. As the number of dead people and refugees increased, Syrian economy was torn apart, regional economic ties broke down, and surrounding businesses slumped: The first economic effect on the bordering cities, such as Hatay stems from the decrease of bilateral transactions between Syria and Turkey; Secondly, the unstoppable flow of Syrian refugees pouring into Turkey, particularly into neighboring cities became a ticking economic time bomb. The aim of the present study is to explore crisis management practices of the firms in Hatay, a Syrian bordering city in Turkey, during Syrian Civil War and to observe the responses and reactions of the firms to the economic impacts of this crisis by analyzing the underlying dimensions of the choice of crisis management styles and strategies. Subsequently, the study discusses managerial and theoretical implications for “crisis management” literature which could be useful for policy-makers. Since recent research on crisis management has established a number of empirical studies, the present study aims to contribute to the related literature by using a qualitative methodology, including in-depth interviews with top executives of firms operating in Hatay, observations, and documents/archival records.","PeriodicalId":65561,"journal":{"name":"美中经济评论:英文版","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-07-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"67487321","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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