Current Issue : July - September Volume : 2015 Issue Number : 3 Articles : 4 Articles
The objective of this paper is to explore the linkage between corporate financial conditions\nand the market valuation of the famed US chemical industry firms by the case study using\nfinancial ratio and market data. More concretely, we first conduct corporate financial ratio\nanalyses including the Du Pont system analysis as to four well-known large chemical\nindustry firms in the US. Our analyzing period is from the fiscal year of 1979 to 2012. After\nthe financial ratio analyses for the above period, we further examine the relations between\ncorporate financial conditions and the market valuation of the four US firms by using their\nstock price data after the end of the fiscal year of 2012. As a result, the corporate financial\nconditions of the four firms at the end of the fiscal year of 2012 appear to be adequately\nreflected in the subsequent stock prices in equity markets....
In today�s complex and dynamic environment, survival and competitiveness of companies are\nbased on their capacity to continuously create and use new knowledge. In this perspective,\nthis paper focuses on the enabling factors that boost Knowledge Creation Process (KCP)\nwithin organizations. On the basis of previous studies, this research examines the most\nimportant factors that have been recognized to be critical for KCP: collaboration, trust,\nlearning, incentives and rewards, decentralized and low formalized structure, T-shaped skills and information technology (IT) support and transformational leadership. The purpose of this\npaper is also to examine the relationship between KCP and innovation performance.\nConceptually, we develop a research model highlighting the relationship between all these\nvariables. This model was tested using structural equation modeling within Tunisian ICT\nsector. Based on a survey of 202 companies, results reveal that the best path for Tunisian ICT\ncompanies to foster knowledge creation is through incentives and rewards, collaboration,\ntrust, learning, decentralized and low formalized structure and IT support. Findings show also\nthat KCP significantly affects firms� innovation performance....
Since late 1990�s in the first world was proposed a new mission for the public universities\nbeyond the teaching and research and development (R&D); their conversion as agents for\neconomic development through the knowledge transferred to other society organizations. More\nthan twenty years have passed and now we can see that in practice achieving this has been very\ndifficult for public universities of developing countries. In the case of the Mexican Centre\npresented, it is shown that public University have historically established strong links with\nother public governmental organizations and that the technology and the knowledge products\ndelivered through the years, have had important social impact but no economical. Therefore,\nwe propose that an important factor is that university R&D entities must develop stronger links\nwith both, private companies and public organizations. Case shows that this phenomenon not\nonly depends on the linking system performance, but also of the lack of the innovation culture\namong domestic entrepreneurs. The conclusion is that today's role of the public university in\nMexico is the generation and knowledge transference for the social welfare and that it is required create new ways to establish relationships with other economic actors in the Mexican\ninnovation system, in order to promote the growth of the country's economy....
Strategic planning plays an important and key role in the success and survival of all kinds of\nbusiness organizations. More specifically in the small and medium enterprises which are\nconsidered as the back bone of any economy in the present world. Though in current complex\nworld the strategic planning is essential for any organization success in business arenas but\nthe research from the perspective of constituent components of strategic planning is just at the\nstarting point today. Similarly the research from strategic planning perspective in developing\ncountries is very limited. Thus the literature of strategic planning at present is demanding\nmore empirical studies to be conducted and more specifically in the context of small and\nmedium enterprises of developing countries....
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