International Journal of Contemporary Economics and Administrative Sciences
Not a member yet
386 research outputs found
Sort by
Predictors Of Relationship Quality And Relationship Outcomes In Midscale Restaurants In Izmir, Turkey
Get PDFThis study analyzes the relationship management in the hospitality industry. There are three main constructs: relationship management activities (predictors), relationship quality and relationship outcomes (commitment, loyalty and word of moth). In this field there are a lot of researches, but this three constructs have not fully explored yet. A conceptual model was developed and tested to examine the mediating effect of relationship quality on the relationship between the seven relationship management activities and the three relationship outcomes. A detailed analyze from the survey made in 14 restaurants with 528 participants and 426 clean data shows that the relationship quality is the primary mediating construct between relationship management activities and relationship outcomes. The effective use of a relationship management strategy may increase customer commitment, spread positive word of mouth, and generate loyalty. The findings of this study provide restaurant managers with a guideline for developing and implementing an enhanced relationship management strategy
Is Labour Productivity interpretive for fluctuations in NAIRU? Panel-VAR evidence from OECD countries
Get PDF In this study, the impact of productivity on NAIRU is analysed using 19 OECD countries’ yearly data, for the period of 1997 to 2012. The main purpose of this paper is to scrutinize the reaction of NAIRU in the face of a shock in labour productivity, both in level and its lags as well as, investigating whether productivity has a positive or negative effect on fluctuations in NAIRU in growth framework. Engaging the Panel-Vector Auto-regressive models negatively supports the impact of NAIRU on variation in productivity.
Political Institutionalization and Economic Rents: The Case of Turkey from 1923 to 1960
Get PDFThe theory of D. North, J. Wallis and B. Weingast (NWW), namely rational choice institutionalism, is applied here to Turkish history from 1923 to 1960. Economic rents are considered as the fundamental mechanisms to stop violence among the powerful groups in order to form a political unity in the emerging states/developing countries. It is asserted here that the Republic of Turkey created economic rents through economic interventionism and centrally planned economy during the mono-party regime years. Therefore, there are strict relations between the political institutionalization of Turkey as a mono-party regime and the interventionist economic policies of the Turkey from 1923 to 1950. The high scale of economic rents during the democratic era from 1950 to 1960 also undermined the political freedom in Tukey and destabilized the democratic political system
Economic Impact of Exergy Efficient Building Block Design
Get PDFEven after the end of 20th century, the details of connection between energy –especially energy production- and the environment were not fully understood. The population growth in last thirty years, undeniable climate changes and the starvation of non-renewable energy source reserves leaves no room for doubt, however: energy and environment share a strong and significant connection. This perspective is especially important in the world of economics, considering the cost of energy for end users. This study covers the economic impact and gain of applying exergy efficient planning to a building block. The study hereby undertakes a case study to show that an efficient planning can help save energy, and thus money. The existing blocks of the chosen case had 2% energy efficiency, while the designs proposed in the study have 10-11%. The findings in this study show that an 8 % improvement in the exergy efficiency of the building block results in 780.05TL saving for a single housing. This sums up to 54.603,49TL for the building block annually.
High Anxiety: Migration, Identity and Media in Crisis in Late Modern Period
Get PDFThis study analyses the social and political developments which bring national states and societies face to face with “migration” and “identity” problems in the “late modern period”. The fact that modern times are seeing the government being centralised day by day, increases identity and migration-related social problems. With the increase in ethnical and cultural variety, modern states face many problems with regards to regulating and controlling society. The fact that media are no longer a functional apparatus for organising and manipulating society leads to weakness in management. In this context, the present addresses the social problems and crises which have appeared in the “late modern period” in relation to migration, identity and media; indeed, these issues are analysed within the scope of the “high anxiety” concept. Moreover, discussion also focuses on the social relationship of “anxiety”, and the fact that it should be handled as one of the main factors affecting policy. There is also an analysis of the political and social problems which have arisen because of the crises of modern times. Indeed, modern society’s structural nature has increased “anxiety” levels very rapidly. In conclusion, it is considered that the problems stemming from the “structural” nature of modernity can be overcome with structural changes
How Does the Corporate Culture Affect the Implementation of IFRS?
Get PDFThe global economy nowadays is characterized by the sharing of economic influences and results between the countries. The process of globalization is characterized by the fact that the companies are no longer national but multinational with working operations in many countries. The increase of the international trade, the companies’ operations in many countries, the free movement of the capital, goods and services are the lead factors for the need of consistency among the economies and companies worldwide. The differences between the countries related to different culture and attitudes, different regulations, had eventually led to the need for many types of harmonization in the global economy. On the other hand, the global market requirements for presentation of consistent financial results for the companies’ performance has increased as the process of globalization had become more intensive. The capital investors have huge requirements for financial information which need to be comparable and summarized in the financial statements. Moreover, the need for consistent presentation of financial information has contributed development of IFRS’s and other GAAP’s. This study examines the correlation between the use of IFRS’s and the corporate culture adopted by the companies. The results of this study confirmed that the cultural dimensions such as goal oriented company, externally oriented companies, those which follow easy-going working practice have adopted IFRS so far
“Key Product” a Fuzzy Logic-based New Approach for Determining Consumer Preferences
Get PDFNowadays, intense competition necessitates the continuous monitoring of target audiences in order to harmonize goods and services with consumer expectations. Many studies have been conducted on the selection criteria for goods and services, levels of perception and expectation of consumers. In this study, a fuzzy logic-based new quantitative analysis method was used to help assess the extent to which current smart phones satisfy consumer expectations, and determine the most suitable combination of product features according to general consumer preferences. The study population consisted of university students. In this context, the study sample was specifically composed of the students from the Yuzuncu Yil University in Van, Turkey. The study questionnaire administered to 386 students was based on the applications of smart phone. Using “Key Product” method analysis performed based on the results of this study, it will be easier and more functional to identify consumers whose preferences are not satisfied in the market, and offer new and suitable combinations for them. In addition, and depending on the number of products to be produced and the consumer demands to be met, this method will also make it easier to determine the number of products with which production processes should be initiated, and the duration of time for which the production stages should be continued. Proposed fuzzy logic-based new quantitative analysis method determines the most suitable combination of product features according to general consumer preferences
THE IMPACT OF THE GLOBAL FINANCIAL CRISIS ON THE MARKET EFFICIENCY OF CAPITAL MARKETS OF SOUTH EAST EUROPE
Get PDFThe study uses the GARCH models to estimate market efficiency of eleven stock markets from South East Europe (SEE) - Bulgaria, , Croatia, Greece, Serbia, Slovenia, Turkey, Romania, Montenegro, Macedonia, Banja Luka and Sarajevo (Bosnia and Herzegovina) over the period from 2005 to 2015 with the accent on the effect of the global financial crisis of 2008 on the market efficiency. The results reveal that eight of eleventh of analyzed markets can be defined as market inefficient according to the Efficient Market Hypothesis (EMH) during the whole studied period. From pre-crisis to crisis period five of the SEE indices worsen their market efficiency in the terms of the weak form of the EMH. The group of indices with relatively high market efficiency during the post-crisis period is the largest one in comparison with the previous periods. All things considered, it seems reasonable to assume that SEE markets aren’t homogeneous and uniform in the contest of EMH
In Search of an Identity for the Polish-Russian Border
Get PDFThe opening up of borders in Europe since 1989 has created vast possibilities for trade and cultural interaction. The collapse of the Iron Curtain has seen a radical shift in the reconfiguration and re-administration of the European borders landscape. Formerly hostile borders now resemble ever expanding economic and cultural bridges. Great strides have been made towards integration throughout vast areas in both Western and former Soviet Bloc economies (Mazurkiewicz 1992). An interconnected single market has been created where once only barriers existed. Links have been fashioned between countries, societies and individuals. Nonetheless certain border areas are still difficult to access and continue to challenge not only to wider EU economic integration, but also individual aspirations.
This paper reflects interviews conducted along the Polish-Russian border near Braniewo in Warmia-Mazury County, Poland. This area still has a militarized and bureaucratic border, requiring individuals to make an effort to access the other side. During individual interviews, conducted in summer 2012, two common themes were expressed. The first was of people making the most of the border which contrasted with others having no desire to cross or know what is on the other side. The first group made a choice to (inter)act and tolerated the current border situation. The second group instead chose to focus their lives inwards away from the border, highlighting the border as a kind of living entity with its own identity. This paper will discuss these themes and how individuals interact because of the existing border.
Keywords: Borders, Europe, Poland, Kaliningrad, Borders, Identit
