Current Issue : April - June Volume : 2014 Issue Number : 2 Articles : 4 Articles
Research motivation ââ?¬â?? Our aim is to identify the extent to which companies quoted in the\r\nRomanian and Spanish stock exchanges, that must apply the International Financial Reporting\r\nStandards truly comply with the provisions of these norms in presenting, in the financial\r\nstatements, the information on intangible assets. We have also studied a series of indicators of\r\nintangible capital, in order to identify the extent to which the Romanian and Spanish accounting\r\nenvironments meet the challenges concerning the acknowledgement of intangible elements.\r\nMethodology ââ?¬â?? In order to identify the policies used by companies in the reporting of intangible\r\nassets and to determine the extent to which companies forced to apply the IAS/IFRS comply\r\nwith the IAS 38 provisions, we have analyzed the consolidated financial statements, drawn\r\naccording to IFRS by 19 Romanian companies quoted in the Bucharest Stock Exchange and 27\r\nSpanish companies quoted in the Madrid Stock Exchange, components of the IBEX 35 index. We\r\nhave determined the weight of the intangible assets in the fixed assets and have computed the\r\nmean degree of dissemination of the information on intangible assets based on the scores\r\nobtained by each company to a set of questions, designed in the spirit of the IAS 38 provisions.\r\nMain findings ââ?¬â?? To the 8 questions in the set, created in the spirit of the IAS 38 provisions, the\r\nIberian companies generally give more analytical answers. Also, they present significant\r\nweights of the intangible assets into the fixed assets. Besides the financial reporting of\r\nintangible assets, we have been concerned with analyzing non-financial information referring\r\nto human, relational, and structural capital. It is worth mentioning that, unlike the Romanian\r\ncompanies, the Spanish companies present in their annual reports a large amount of data and\r\ninformation on intangible capital....
The adoption of Information and Communication Technology (ICT) is one of the key factors\r\nexplaining growth discrepancies across countries in general and in the Kingdom of Saudi Arabia\r\nin particular. ICT has been the most dynamic component of investment in recent years, and\r\nuntil recently the explosive growth of investment in ICT has been at the center of the ââ?¬Ë?new\r\neconomyââ?¬â?¢ paradigm, shifting the Kingdomââ?¬â?¢s reliance on growth away from oil. ICT investment\r\ncontributes to capital deepening in all industrial and commercial sectors, thereby assisting in\r\ngenerating economic growth that is more sustainable in the long term.\r\nThe main objective of this research study is to identify the impact of ICT investment in Saudi\r\nArabia and the role that the government has played through its series of ââ?¬Ë?five year plansââ?¬â?¢. The\r\ncurrent circumstances in Saudi Arabia relating to IT usage and development as well as the\r\nfactors affecting economic growth are examined and analyzed. This research also assesses the\r\nstrategies and policies relating to ICT and its investment in Saudi Arabia, and discusses the role\r\nof public and private organizations as well as educational institutions at all levels.\r\nThe findings reveal that, despite the considerable strides made by the government, certain\r\nfactors need addressing, in particular, the current state of the Kingdomââ?¬â?¢s ICT infrastructure, the\r\nneed for adequate numbers of skilled personnel to meet the anticipated growth in ICT, the need\r\nfor educational establishments to incorporate ICT more fully into their programs, the need to\r\ndevelop the financial markets to facilitate further investment in ICT, and the need to raise the\r\npublicââ?¬â?¢s awareness of the importance of ICT to the countyââ?¬â?¢s prosperity. Accordingly, a number\r\nof recommendations are made....
The EU regional policy has been an ongoing concern of both the Member States and the\r\ncandidate countries for accession. Its economic, social and territorial cohesion principles have\r\nbeen developed to sustain the stability and development of European integration. The Romania\r\nhas established in 1998 its own regions of development, opening the gate to the\r\nimplementation of regional development policies. Six regions of Romania, exactly the whole\r\ncountry, excepting the Bucharest Ilfov Region and West Region of development, are ranked\r\namong the 20 poorest EU regions, located in four countries of Central and Eastern Europe -\r\nBulgaria, Romania, Poland and Hungary, which joined the EU in the last two enlargements. For\r\nRomania, reducing territorial disparities and achieving a balance between economic and social\r\ndevelopment levels of its regions is therefore a matter of utmost importance. This aspect has to\r\nbe considered related with the new European Union�s multi-faceted approach, which seems to\r\nreplace its traditional mechanisms based on regional redistribution policies and programs. This\r\npaper analyses the existing situation at the regional level in Romania, with particular reference\r\nto one of its poorest regions, which require the highest socio-economic development support:\r\nthe North East Region....
The increase in the number of online sales, such as shopping website and online auction is due\r\nto the explosion of the World Wide Web in the last decades. In very short time, the Web has\r\nchanged the way of people communicate each other, search for, store, send information and\r\nmaterials, buy our groceries and books, and even monitor our finance and build personal\r\nrelationship. The public auctions, as one of the results of those changes, on the internet are\r\ncharacterized by a successful implementation that requires a high volume of buyers and sellers\r\nat its website. As the number of participants involved in this selling and buying media is\r\nincreasing, it is important to understand the influencing factors of online consumers� intention\r\nto purchase, especially to determine the level of this media attractiveness towards the\r\npurchasing of good and products with on online auction and shopping website. This study\r\nexamined the influencing factors of online consumers� intention, i.e. online information system\r\nquality, online auction price, and online service quality toward online auction and shopping\r\nwebsite in Thailand. The data was collected from 397 online consumers of Sanook.com. This\r\nstudy used Pearson�s correlation coefficient analysis and multivariate regressions to test the\r\nhypotheses. The results reveal that online information system quality, online auction price, and\r\nonline service quality have a significant and positive relationship with online consumers�\r\nintention to purchase. This study also found that the perception of online consumer on online\r\ninformation system quality, auction price, and service quality are almost equally important in\r\ninfluencing their interest to purchase. Moreover, among the three factors, online auction price\r\nis the most significant factor toward online consumers� intention to purchase....
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