Journal of Economics and Management Sciences

The Role of Marketing in Understanding and Controlling Cost of Quality

2021-04-16T06:01:45+08:00

In the accounting realm, quality is an increasingly important element in planning, production, distribution and branding of goods and services because of global competition and other external factors in many industries. However, the cost of quality must also be considered as not to add unwanted or unwarranted costs to pass along to the end-customer. Marketing professionals are trained to strategically build and protect their own brand, which may consist of products or services. To achieve high-quality, it is imperative that the accounting and marketing departments work together. The four categories of Quality Costs (Prevention, Appraisal, Internal Failure and External Failure) encompass many different quality activities at different stages in producing goods or services. The research and experiences in the marketing industry based on branding will help to show that most quality initiatives are in fact preventative when the end goal is maintaining a solid consumer base and satisfied consumers. As this study shows, treating the brand as an experiential entity serves as a quality facet. This alludes that quality is a facet linking accounting and branding.

Sovereign Debt Restructuring: A Modest Proposal

2021-04-16T06:01:44+08:00

Many sovereigns, including weaker credits, have taken on substantial debt during the COVID-19 pandemic. This raises the prospect of future defaults and sovereign restructurings, which will be informed by debt-sustainability analysis. But when analyzing notable recent sovereign defaults, we find a pattern of serially correlated errors: the analysis at the time of the restructuring is too optimistic about future sovereign debt dynamics. In light of this, I propose that future sustainability analysis should be based on more pessimistic expectations. In turn, this implies that sovereign creditors should face larger losses in future restructurings.

Platform Business Models – A Case Study of the Technology Industry

2021-04-16T06:01:43+08:00

The opportunity to create a value exchange environment is uniquely offered by the platform businesses. A novel approach of co-creating value is writing the rules in the platform business world. This paper analyzes the platform business models within the technology industry based on a multiple case study. As the main driver of business performance in this environment is technology, companies are using it to develop new products or to provide technology as a service. Thus, the main objective is to debate on the actual business needs in terms of business model innovation and to investigate how platform business models are developed through strategic acquisitions to achieve competitive advantage. The cases analysis suggests that technology acquisitions made around the core business may contribute to business model innovation. In addition, new partnerships with the external environment may facilitate mutual value creation exchanges and the platform may evolve through adding extra features from its external partners. We contribute to the advancement of business model research by putting platform business model study into the competitive context of the technology industry, with findings on how platforms are used in the digital era to innovate the core business model. From a practitioner’s perspective, this study may help companies to understand the importance of investing in other technology companies and to identify the opportunities of business model innovation through strategic partnerships. The limitation of this study is that the main data used for the multiple case study was derived from secondary sources and it provided insights about each company’s platform business model from a macro perspective.

What can the EU Learn from the USA in the Field of Innovation?

2021-04-16T06:01:42+08:00

The rationale for more European Commission (EC) support for Open Innovation is there, as a whole-of-society approach seems to be the best to address the challenges arising mainly from competition at the global level. This paper supported this view and was built as a case study research paper based on the EU and USA case studies. In the first sections, a theoretical framework is built, which establishes a link between R&D, innovation, and competitiveness, introduces culture and military as factors influencing innovation, and shows how open innovation has changed innovation. A discussion evolves regarding the current position of the EU and EU countries in terms of innovation and what the EC is undertaking to address the identified challenges. The core section is dedicated to the case study, elaborates benchmarks, gains learnings from a country successful in the field of (open) innovation such as the USA, and suggests what the EC could concretely implement in the case of the EU. The outlook section suggests a few possible areas for future research and policies.

Horizontal and Vertical Analysis of SAMSUNG Enterprise for the Years 2015-2016 and 2017-2018

2021-04-16T06:01:42+08:00

The paper reflects our study about the horizontal and vertical analysis of financial statements. In this small volume we have tried to give meaningful, close and clear explanations. We have tried to methodologically elaborate the task in a gradual way. The paper is worked in several parts for the purpose of easier understanding.

The paper presents the original data of the financial statements, which elaborates the horizontal and vertical analysis of the balance sheet and the SAP for the years 2015-2015 and 2017-2018, in the next part is presented our commentary on the findings of the analysis for the above years. For this paper, SPSS software was used as a tool to interpret the results obtained from the questionnaire that was formulated for this paper.

Information Feedback Between Size Portfolios in Boursa Kuwait

2021-04-16T06:01:40+08:00

This paper examines the transmission of information between small and large sized portfolios within the Boursa Kuwait between 2011 and 2020. The study documents a constant and steady stream of feedback which demonstrates a sizeable and significant impact on market volatility; albeit at varying degrees of effect on smaller portfolios as compared with larger ones. Evidence suggests a more persistent volatility on larger portfolios, indicating a disparity on the interpretations of transmitted information between the varied styles of investors in the Kuwait Boursa.

Ownership Structure and Financial Sustainability with Moderating Effect of Managerial Intention in Some Selected Emerging Economies. A Conceptual Review

2021-04-16T06:01:41+08:00

Purpose

The purpose of this study is to explore a model to measure the money deposit bank financial sustainability based on ownership structure and to examine the moderating role of managerial intention on managerial ownership and foreign ownership.

Design/ Methodology/ Approach

An elaborate literature review was conducted to identify the variables and a proposed conceptual model was conceived.

Findings

A conceptual model was presented after the discussion of relationship and literature review that examined ownership structure, managerial intention and financial sustainability.

Originality/Value

Many scholars have investigated the different dimensions of ownership structure, managerial intention and performance, however little research has been done on the integration of ownership structure and financial sustainability. Furthermore, there is also a dearth in literature that examine the moderating role of managerial intention on the relationship between ownership structure and financial sustainability.