1,720,962 research outputs found
When Nothing Really Works; The Dilemma of Mobilizing Local Revenues in Ghana: A Comparative Analysis of Local Taxes in the Tamale Metropolis
Get PDFThe paper compares the following five local taxes in the Tamale Metropolitan
Assembly (TaMA): Rates, Lands, Fees and Fines, Licenses and Rent. The case
shows the inefficient manner of local revenue mobilization in TaMA which
however is endowed with broad revenue bases.
The study asserts that the functions in the local tax chain namely: definition
of tax bases, tax base valuation, tax assessment, tax collection, tax enforcement,
tax appeal and taxpayer education or services are not been properly
conducted. The system is characterised by unprofessionalism and the use of
discretion of tax administrators without following established standards. Hence
the telling negative effect on utilizing the broad revenue bases. This study revealed
that the revenue assignment policy of LGs in Ghana and administrative
or managerial choices are the difficulties that influence local taxation negatively.
It has been confirmed that the taxes in the metropolis are potentially viable
and buoyant capable of meeting the cost of some local needs if properly
harnessed. This gives credence to the much held opinion that metropolises
unlike small districts have potentially viable taxes but that the problem has
been largely with the management of these taxes. The study also confirms rates
as the most viable local tax followed by fees and fines, licenses, lands and finally
rent. The position of land related taxes is because of the domain of responsibility
of taxation which in this case is in the office of stool lands and not
TaMA.
Finally, the study brings to the fore how other constraints influence efforts
of TaMA in local revenue mobilization. These factors include CG regulations,
expenditure assignments of LG, CG transfers and the cultural and ethnic problems
in the area; the others are corruption and political patronage, inadequate
capacity and logistical constraints and poor financial management expertise; the
rest are transparency and accountability and poor monitoring and evaluation of
local revenue mobilization strategies
THE INFLUENCE OF FAMILY OWNERSHIP ON M&AS AND INNOVATION
Get PDFI draw from the concept of mixed gambles to investigate the socioemotional wealth trade-offs associated with high risk strategic decisions such as firm acquisition decisions of family firms. We contrast the predictions from mixed gambles with those of the commonly used behavioural agency model (BAM). Our empirical results for a panel data set of large U.S. firms support the mixed gambles predictions and reject those derived from BAM. They reveal that family firms are more likely to engage in horizontal acquisitions than non-family firms and that the engagement of family firms in horizontal acquisitions is even higher when they are in a gain frame
Innovation Outcomes : Spin-off Processes in Family Firms
No full textThe purpose of this thesis was to analyse the relationship between being an employee of a family firm and transition to self-employment. It was ascertained empirically whether being employees of family firms have a positive influence on the phenomenon of spin-offs in Sweden. Using a data set of individuals as well as firms for the whole of Sweden, the thesis applied a logistic regression model to analyse the influence of family firms on spin-off processes. Specifically I examined how employees of firms as at 2007 transitioned to self-employment in 2008. I also examined the characteristics of employees who spin-off and the choice of industry of operation of spin-offs. Disagreements between owners of family firms and employees about the strategic focus of the business arise as a result of the long-term horizon of family firms, coupled with agency issues as well as organisational culture that encourages the direct involvement of owners of family firms in the routines. Employees who discover innovative and risky ideas are likely to exploit them outside the company due to the reluctance of the family firm to implement them, due to its long-term orientation. The paper established a nexus between family firms and spin-off processes. The results suggest that being an employee of a family firm has a positive and significant influence on the decision to transition to self-employment. The results also indicate that employees in relatively higher occupational categories are less likely to spin-off as compared to employees in relatively lower occupational classifications. In terms of the choice of industries of operation, it is found that spin-offs are less likely to be established in the same industry as their parent firms. Increasingly, spin-offs are carving their own images in their respective new industries. Last but not least, contrary to evidence that employees of smaller firms are more likely to spin-off, our results show otherwise.+23324549402
Nevevi'nin er-İrşâd ve et-Taḳrîb adlı iki eserinde İbnü's-Salah'ın ifadelerine göre yaptığı değişiklik ve ilaveler
Get PDFيعتبر كتاب ابن الصلاح معرفة أنواع علم الحديث من أمهات المصادر في علوم الحديث، وكتابا النووي الإرشاد والتقريب من أهم مختصراته لم يختصر النووي كتاب علوم الحديث فحسب وإنما زاد فيه زيادات وتصرف في عبارات ابن الصلاح في مواضع كثيرة. تتحدث هذه الدراسة عن هذه الزيادات التصرفات التي قام بها النووي في عبارات ابن الصلاح في الإرشاد والتقريب، وتحاول أيضا البحث عن الأسباب التي دعت النووي إلى هذه الزيادات والتصرفات في كتابيه الإرشاد والتقريب والكشف عن مرام النووي فيها، وتأثيرها فيمن بعده.İbn Salah'ınʿUlûmü’l-ḥadîs adlı eseri, Hadis İlimlerinin ve Nevevi'nin özetlerinin en önemlileri olan er-İrşâd ve et-Taḳrîb adlı iki kitabının ana kaynaklarından biri olarak kabul edilir. Nevevi sadece ʿUlûmü’l-ḥadîs̱ kitabı özetlemekle kalmamış, aynı zamanda İbn Salah'ın ifadelerine birçok yerde eklemeler, değişiklikler ve düzenlemeler yapmıştır. Bu çalışma, Nevevi'nin İbn Salah'ın er-İrşâd ve etTaḳrîb'deki ifadeleri üzerindeki eklemelerini, değişikliklerini ve düzenlemeleri tartışmakta ve ayrıca eklemelerin, değişikliklerin ve düzenlemelerin İbn Salah'ın cümleleri üzerindeki etkisini incelemektedir. Ayrıca Nevevi'nin er-İrşâd ve et-Taḳrîb adlı bu iki özetinin amaç ve hedeflerini araştırır.Ibn Salah’s book: “Sciences of Prophetic Hadith” is considered one of the primary sources in the Sciences of Hādith and the two books of Al-Nawawi: al-Irsad and Taqrib as most significant of its summary. Al-Nawawi did not only summarize the book “Sciences of Prophetic Hadith” rather he made additions, amendments and changes in the phrases of Ibn Salah in numerous places. This study discusses the additions, changes, and amendments of Al-Nawawi on Ibn Salah's statements in alIrsad and Taqrib and also examines the impact of the additions, changes, and amendments on Ibn Ṣalāh's phrases. It also investigates the aim and objectives of AlNawāwi in this two summaries al-Irsād and Taqrīb
تصرف النووي في عبارة ابن الصلاح بالتغيير والزيادة في كتابيه الإرشاد والتقريب
No full textİbn Salah'ınʿUlûmü'l-ḥadîs adlı eseri, Hadis İlimlerinin ve Nevevi'nin özetlerinin en önemlileri olan er-İrşâd ve et-Taḳrîb adlı iki kitabının ana kaynaklarından biri olarak kabul edilir. Nevevi sadece ʿUlûmü'l-ḥadîs̱ kitabı özetlemekle kalmamış, aynı zamanda İbn Salah'ın ifadelerine birçok yerde eklemeler, değişiklikler ve düzenlemeler yapmıştır. Bu çalışma, Nevevi'nin İbn Salah'ın er-İrşâd ve et-Taḳrîb'deki ifadeleri üzerindeki eklemelerini, değişikliklerini ve düzenlemeleri tartışmakta ve ayrıca eklemelerin, değişikliklerin ve düzenlemelerin İbn Salah'ın cümleleri üzerindeki etkisini incelemektedir. Ayrıca Nevevi'nin er-İrşâd ve et-Taḳrîb adlı bu iki özetinin amaç ve hedeflerini araştırır. Anahtar kelimeler: değişiklikler, düzenlemeler, eklemeler, Nevevi, İbn Salah.Ibn Salah's book: "Sciences of Prophetic Hadith" is considered one of the primary sources in the Sciences of Hādith and the two books of Al-Nawawi: al-Irsad and Taqrib as most significant of its summary. Al-Nawawi did not only summarize the book "Sciences of Prophetic Hadith" rather he made additions, amendments and changes in the phrases of Ibn Salah in numerous places. This study discusses the additions, changes, and amendments of Al-Nawawi on Ibn Salah's statements in al-Irsad and Taqrib and also examines the impact of the additions, changes, and amendments on Ibn Ṣalāh's phrases. It also investigates the aim and objectives of Al-Nawāwi in this two summaries al-Irsād and Taqrīb. Keywords: additions, amendments, Al-Nawāwi, changes, Ibn Ṣalāh
Firm acquisitions by family firms: a mixed gamble approach
Get PDFThis study elucidates the mixed gamble confronting family firms when considering a related firm acquisition. The socioemotional and financial wealth trade-off associated with related firm acquisitions as well as their long-term horizon turns family firms more likely to undertake a related acquisition than non-family firms, especially when they are performing above their aspiration level. Post-merger performance pattern confirm that family firms are able to create long-term value through these acquisitions and by doing so they surpass non-family firms. These findings stand in contrast to commonly used behavioural agency predictions, but can be reconciled with theory through a mixed gambles' lens
Distance to Technology Aspiration and Entry into the Merger Wave
No full textDrawing from the concepts of problemistic search, nonlocal search and merger waves, we investigate the effect of unmet technology aspirations on strategic decisions such as firm acquisitions. Our empirical results for a panel data set of large and successful U.S. firms support the predictions that an increase in the distance of innovation performance below aspiration level is positively related to the likelihood of engaging in an acquisition. Moreover, firms are more likely to diversify acquisitions into distinct or unrelated technology portfolios during the downswing of a merger wave
A innovation in family firms
No full textPurpose: The paper empirically investigates how family firms appropriate acquired resources to become more innovative in the context of merger waves. It draws on resource-based view and the theory of first mover (dis)advantages to examine the implications of the timing of acquisitions on innovation in family firms. Design/methodology/approach: The paper uses a panel data set of Standard & Poor's (S&P) 500 manufacturing firms followed over a period of 31 years. Findings: The study finds empirical support for the predictions that family firms are more able to utilize acquired resources better than nonfamily firms. Furthermore, targets acquired during the upswing of a merger wave are more valuable to family firms and associated with more innovation than for nonfamily firms. Originality/value: The paper establishes that resources acquired during the upswing of a merger wave are more valuable, provide better resource synergies and impact innovation positively in family firms than nonfamily firms. Second, the paper makes an empirical contribution that family firms absorb external resources markedly differently and more efficiently than nonfamily firms. Third, the paper enhances a better understanding of the influence of family ownership on the relationship between acquisitions and innovation outputs
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