Current Issue : April-June Volume : 2023 Issue Number : 2 Articles : 5 Articles
The existence of several different degrees of restructuring, uneven dynamics, the transition from a natural monopoly to a competitive market with new strategic and economic opportunities are among the defining features of the natural gas market that transform it into an important pillar of the economy. Since in such an oligopolistic market, the actors must define a strategic and competitive advantage with positive effects on the competitive environment. In this context, game theory can be an essential tool for the decision-making process depending on the dynamics of asymmetric information. The main purposes of the paper are to analyze the degree of European gas market concentration and to determine, using a game theory model, the production, the price and the profits equilibrium levels for the main producers. The variables used in the analysis are natural gas countries’ productions and exports, price and market shares for 1992-2019 period for the main European producers. In order to determine the European gas market concentration, we use the Hirschman- Herfindahl concentration index. This index indicates the existence of an oligopolistic market with Russia, the United Kingdom and Norway in dominant positions. Using a quantityoriented Cournot model, we determine the equilibrium gas price and quantities and we show the fact that these are significantly different from the average values of the reference period only for Russia due to its dominant position on this market. Our analysis highlights Russian’s dominant position in the European gas market and suggests its replacement by other suppliers....
Accountable Care Organization (ACO) is trying to evolve all around the world moving towards and keeping cost-effective at a minimum, providing a better quality of care and improving health outcomes in a patient-centered manner, adopting technology to organize and coordinate care between health care network, primary health care and hospitals to facilitate care and management, monitoring, and reporting quality and cost data to track patient across health care providers by allowing access to patient electronic medical file, and avoiding duplication of services and prevent medical errors. Objectives and Aims: The main objectives of this study is to find out the association of demographic data and the level of knowledge, attitude and confidence of the physicians of various age, gender, specialty, area of work and their clinical and administrative field experiences. This is to assess the ability to establish a successful basement to build a new trend in healthcare system “Accountable Care Organizations” (ACOs) in Saudi Arabia. Results: This prospective and cross-sectional study was conducted on 321 physicians with an average age of 42.8 ±11 SD. Results showed the average score for knowledge of all respondents was 65.2 out of 100 with ±15.7 SD. The overall average of the modes of the attitude was 6.8 out of 10; While the overall average of the modes of the confidence was 5.9 out of 10. Conclusion: This study was conducted to assess physicians’ knowledge, attitude and confidence toward implementation of ACO in Saudi Arabia. The current study suggested that there was no significant difference between the level of knowledge of ACOs between males and females and between the specialties (consultant, specialist, or resident). Results showed that there was no significant difference in attitude between males and females neither there was a significant difference between different specialties consultants, specialists and residents. Moreover, those physicians with administrative experience had better attitudes towards ACO than those with clinical experience. Males showed higher confidence compared with females. There were similarities in results with no significant changes between consultants, specialists and residents with predominantly average mode of what is considered as moderate confidence. This study is confirming that Saudi Arabia is ready for the transformation and vision of 2030 to adopt the ACO health care system with this knowledge, attitude and confidence of the Saudi physicians....
This essay focuses on the need for restructuring the strategic backbone, especially in terms of patients’ safety and increasing the medical center’s ranking and standing in the healthcare field, in order to increase the number of medical examinations performed by the medical center. This will be done by facing the issue from multiple points of view: in terms of increasing quality and patients’ safety COVID-19 hit the healthcare sector hard, revealing weaknesses and downfalls of hospitals and private medical centers alike. There is a need for funds and proper measures of quality and improvement for the sake of the patients. Proper healthcare management and directive funds are necessary in order to improve and keep the standards of healthcare for the only goal that must exist in a medical hospital or private medical clinic, the wellbeing of the patients above everything else....
After Michael Dell’s (CEO of Dell Company) resign announcement is released in 2014, the privatization negotiation of Dell, in which Michael Dell plays pivotal role is facing substantial pressure. In response to this potentially alarming development, Dell takes immediate action and an analysis of external computer industry environment as well as internal capabilities has been undertaken (Dell Annual Report, 2014). This paper is aimed at making sustainable competitive advantage analysis and providing recommendations for Dell company to achieve success. Firstly, this paper talks about the external and internal analysis of Dell Company. Secondly, SWOT analysis of Dell is provided. Thirdly, economic value-added analysis is also conducted. Finally, in order to help Dell to overcome its dilemma and achieve success, nine specific recommendations are put forward....
Gender is at the forefront of corporate board diversity. Experts have always seen that women directors significantly influence the board’s working style and processes and, consequently, firm performance, especially in financial institutions. Globally, governments emphasized gender diversity to improve corporate governance following the financial crisis in 2008. A growing body of research has explored gender diversity in corporate governance, focusing on single-country and cross-industry analysis, excluding the specific sector. The objective of the study is to examine the most recent status of women’s representation on the boards in the Bangladeshi banking sector. Also, this study investigates the best practices and initiatives to promote gender diversity on boards around the globe in order to improve diverse boards in the banking sector. In a survey among the 24 commercial banks from 2009 to 2020, the study found that only nine to twelve percent of female directors were represented on the banking boards. During the last decade, the trends of women’s participation on board were not improved significantly in the industry. The study results have important implications for board governance and diversity theories....
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