The purpose with this thesis is to study whether diversity in board of directors in Swedish Large Cap firms will create better financial performance in the company. The study applies a quantitative investigation where the level of diversity in the board of directors of 54 Swedish Large Cap firms is studied relative to the company performance.
Firm’s financial performance plays an important role in the survival of a firm in the competitive business environment. It contributes to the economic development and welfare, as well as counts towards the critical success factors of a firm. It is of key interest to the investors and management with regards to the decision making related to a firm including the choice, performance evaluation, strategy and policies formulation, controlling and monitoring the performance of a firm. In this study, the authors have focused on finding the determinants of firm’s financial performance in the context of the Pakistan’s economy. The empirical evidence to support the study was taken from 19 cement firms listed in the Karachi Stock Exchange during 2009- 2013. These firms represent the cement industry of Pakistan; which is one of the top performing and non-financial sector of the economy.
This book is about the relationship of corporate governance, corporate financing and financial performance. it elaborate in detail how corporate governance affects the corporate financing patterns which further impact the financial performance of the firms. In directly, corporate governance have large impact on the financial performance. Data have been taken of 170 firm operating in the non-financial sector of Pakistan.
The purpose of this study is to investigate the performance of corporate mergers and to examine financial features of merging firms in Japan. This dissertation consists of 7 chapters and appendixes. In Chapter I merger activity and studies on mergers in Japan are described including six questionnaire type survey on objectives, motives and performance of mergers. Chapter II is an initial attempt to examine the performance of corporate mergers in Japan quantitatively based on financial data provided by the Japan Operations Research Society.? Chapter III is an analysis using the most extensive financial data provided by the Japan Development Bank. Chapter IV extends the study of the performance of corporate mergers in Japan to unlisted corporations, namely credit associations, Chapter V deals with the data of 17 industries which include merging firms and non-merging firms. In Chapter VI both sets of data used in the chapter III and V are combined together and are analyzed to compare the financial characteristics between merging and non-merging firms in each of the 30 industries. Chapter VII analyzes data over the 30 industries.
The book-Market Size, Liquidity and Stock Market Performance in Nigeria x-rays the impact of market capitalization and turnover ratio of stocks and shares on performance of the stock market index. The book is highly essential for portfolio investors particularly those interested in investing in shares and stocks across the globe. In addition,it serves as a useful companion for practitioners in the stock market, banking and allied industry, opinion formers and decision makers interested in increasing their knowledge of how the capital market works. Both undergraduate and postgraduate students in economics, accounting, banking and finance, insurance and other behavioural disciplines would find the book very invaluable.
It has been long recognized that joint ventures (JVs) provide parent firms with an excellent opportunity for learning. This phenomenon is particularly interesting in transition economies, such as Russia, where local governments have promoted the establishment of JVs due to a belief that local firms can benefit from acquisition of foreign firms’ technological and managerial knowledge. However, the JV literature to date lacks empirical evidence of performance implications of learning through a JV for local parent firms in transition economies. Rather, it mainly concentrates on understanding learning outcomes at the JV level. Moreover, the comprehensive empirical tools allowing the full range of these implications to be captured are still underdeveloped. Thus, this thesis fills this gap and examines the performance implications for Russian firms of learning through Russian-Western manufacturing JVs.
The book is on the role of relationship marketing to the performance of Igbo Smes in Nigeria.it explores the scope,problem definition ,objectives, hypothesis and statement of problems.it discussed the literature on relationship marketing and small and medium scale enterprises in Nigeria and the specific theories relating to them.it went further to reveal the method of gathering data and analysis and discussed the findings in chapter four.The findings and discussions formed the basis of agreeing the relationship marketing as a strategy helps in the life and performance of SMEs in Nigeria.
This book examines the factors associated with sustainable privatization of infrastructure projects. Privatization offers a way for governments to make infrastructure delivery more effective and efficient than exclusively public provision, but often the promise is fraught with peril. The three essays in the book seek to use empirical data and analysis to answer three selected questions regarding sustainable privatization: what causes the private sector to exit from infrastructure projects; do Public-Private Partnerships (PPPs) provide value for money to governments; does privatization lead to benign outcomes. The major conclusions are: project cancellation rates, though rising, are still low - for the most part, the private sector is staying in private infrastructure projects; although trends in cancellation may not be an issue for private infrastructure projects as a whole, it is a concern in the water and sewerage sector; there is value for money to governments from Public-Private Partnerships in infrastructure; privatization leads to significant improvement in profitability, efficiency, and real output of firms, but the impact on employment is negative.
The aim of this study was to empirically examine the effect of supply chain integration on organizational performance and to identify the associated challenges that affect firms supply chain integration. Supply chain integration, in this study refers to the internal, external (both up and downstream) integration of firms in their value chain. The study found a significant positive relationship between supply chain integration construct and operational performance of firms. However, the relationship between internal integration and external integration found to be statistically insignificant with having very weak positive relationships. Beside these the associated challenges have been also identified. Note that, the conclusion obtained from this study may not be used to generalize to over all supply chain network performance since its focus is only from the manufacturers points of view.
Understanding and explaining the performance differences among organisations have always been a central goal of strategic management research.The strategic management literature indicates two main theoretical streams to explain the performance differences among firms: industrial organisation (I/O) economics and resource-based view (RBV). Whilst the industrial organisation economics view theorises that performance variation of firms should be attributed to the structural characteristics of the industries in which they operate, another stream RBV explains the performance differences among firms in relation to internal or firm specific factors.Hence, while not altogether excluding industry structure, the RBV considers the internal, idiosyncratic resources as the most important factors to explain the performance variation among firms competing within the same industry. The RBV has substantially grounded the understanding of the differences in the performance levels of the firms and has emerged as a very popular theoretical perspective. This book aims to investigate the RBV in all its aspects.
In 1980s, privatization, both at theoretical level and in practice, stood out as an economic political instrument, and became one of the most discussed issues. In the first section of the study, the concept of privatization has been discussed and the definition, sorts, and methods of privatization have been tried to be explained. After describing of the main concepts, the privatization applications in Turkey have been given place and the legal framework about privatization has been described It was seen that the institutes privatized got into act effectively in free market economy in a competitive environment, protecting the consumers rights. It cannot be said that the privatization applications beginning in 1985 became very successful in the first years Between the years of 2000 -2013, privatization gained acceleration. In Turkey, after Public Economic Enterprises (PEEs) were privatized, it was concluded that they were active more effectively; that their profitability increased compared to pre-privatization.
The purpose of this study is to analyse the performance of insurance firms whilst adapting to external shocks and changes in regulations imposed by Solvency II, bearing in mind strategic redirection and organisational learning, risk management, control systems, characteristics of top management teams and past performance. We will base our analysis on information provided from both the annual reports of the firms and their financial data. The results indicate that some of the measures we analyse will link to the performance, redirection and learning of the insurance firms. The performance of the firm is affected by environmental factors. Managers have the task to redirect the strategy of the firm in accordance to the requirements of a changing environment, and thereby adapt and learn. There are several examples from the relation between a firm’s strategic redirection and organisational learning with performance. In the case of insurances, recent changes in regulations imposed by Solvency II resulted in a need for adaptation in order to comply with the new standards.
This researched book on delivery customer experience management in the UK and Nigeria aviation. The author refined the initial instrument of Woodcock et al(2008) in the UK public sector and used it to compare the delivery of customer experience management in the UK and Nigeria aviation sectors. The study reported in this book shows that customer experience management is performed in both aviation, but it is better performed in the UK than in Nigeria. It shows some mediating factors influencing a seemingly low performance effectiveness in delivery customer experience management in the Nigeria aviation. No doubt, this study has contributed to the growing interest in managing the customer experience as a key factor in implementing effective marketing strategy. it is recommended that the refined instrument used in this study should be replicated and applied in other sector and culture to validate the instrument.
Land Instruments Registration and Title in Nigeria extensively examines and analyses all relevant statutes relating to registration of instruments in Nigeria. The author thereafter makes recommendations geared towards improving land registry practices in Nigeria. This book will prove valuable not only to students of Land Law and legal practitioners but also to anyone who has interest in acquiring land in Nigeria.
Privatization of state owned enterprises (SOEs) just like the case of Benue cement coment company plc has become a key component of the structural reforms process and globalization strategy in many economic. public expenditures to the up keep of state owned enterprises in most of the countries of the world and especially Nigeria has been observed to be less productive since they have failed to yield a coresponding positives reform both directly and indirectly.Due to these waste calls of handing over to the private sector the area they seen to have comparative advantage are continuously made, hence the issue of privatization which has become the order of the day.privatization has been a major reform option for government world wide. Although it includes a range of different activities, this book seek to review privatization from the perspectives of management effectiveness and high productivity. This book will be of benefit to policy makers, Student of Social and management science.