Abstract: In today’s era, it is no news that organizations should
demonstrate honest conduct as well as ethical administration.
Therefore, the concept of corporate social responsibility
(subsequently CSR) has created its tag upon the company’s focal
point as well as marketing communications, and will continue in the
future. The importance of CSR has increased in the last decade, and
this concept has attracted global attention. The notion of CSR has
strategic significance for many organizations. However, businesses
are not adapting the activities of CSR that benefit to all of its
stakeholders (including society). The main reason is the practitioners
are unfortunately unable to comprehend its importance; and
therefore, the activities of the CSR are so detached from the business
activities. Hence, it is required to develop an understanding that the
activities of CSR are not only beneficial for the society but it also
benefit to business. This paper focuses on the concept of strategic
CSR, and develops a theoretical framework that will help
practitioners to filter and chose the activities of CSR that are strategic
in nature.
Abstract: City shrinkage is one of the thorny problems that many
European cities have to face with nowadays. It is mainly expressed as
the decrease of population in these cities. Eastern Germany is one of
the pioneers of European shrinking cities with long shrinking history.
The paper selects one representative shrinking city Halle (Saale) in
eastern Germany as research objective, collecting and investigating
nearly 20 years (1993-2010) municipal data after the reunification of
Germany. These data based on five dimensions, which are
demographic, economic, social, spatial and environmental and total 16
eligible variables. Factor Analysis is used to deal with these variables
in order to assess the most important factors affecting shrinking Halle.
The results show that there are three main factors determine the
shrinkage of Halle, respectively named “demographical and
economical factor”, “social stability factor”, and “city vitality factor”.
The three factors act at different time period of Halle’s shrinkage: from
1993 to 1997 the demographical and economical factor played an
important role; from 1997 to 2004 the social stability factor is
significant to city shrinkage; since 2005 city vitality factor determines
the shrinkage of Halle. In recent years, the shrinkage in Halle mitigates
that shows the sign of growing population. Thus the city Halle should
focus on attaching more importance on the city vitality factor to
prevent the city from shrinkage. Meanwhile, the city should possess a
positive perspective to shift the growth-oriented development to tap
the potential of shrinking cities. This method is expected to apply to
further research and other shrinking cities
Abstract: Marine Protected Areas can benefit from nature based
tourism, monitoring environmental impacts and also become target
for human presence. From more than 3 million tourists visiting
Cozumel Island every year, an average of 2,8 million arrive by cruise
ship, and 41% are estimated to have motivation for water activities.
The destination is relying so much on the tourism activity, that scuba
diving and snorkeling in the National Park Reef of Cozumel sustain
the major economic activity. In order to achieve the sustainable
development indicator designed for regional environmental
development, the PNAC offers a training course to tourism providers
to access the protected area. This way, the update of the last 5 years
of such training is directed to diving staff, boat crew and
professionals, making them able to assist in managing the natural
resource. Moreover, the case study is an example to be used for
raising awareness among tourists visiting protected areas.
Abstract: Taro Scarab beetles (Papuana uninodis, Coleoptera:
Scarabaeidae) inflict severe damage on important root crops and
plants such as Taro or Cocoyam, yam, sweet potatoes, oil palm and
coffee tea plants across Africa and Asia resulting in economic
hardship and starvation in some nations. Scoliid wasps and
Metarhizium anisopliae fungus - bio-control agents; are shown to be
able to control the population of Scarab beetle adults and larvae using
a newly created simulation model based on non-linear ordinary
differential equations that track the populations of the beetle life
cycle stages: egg, larva, pupa, adult and the population of the scoliid
parasitoid wasps, which attack beetle larvae. In spite of the challenge
driven by the longevity of the scarab beetles, the combined effect of
the larval wasps and the fungal bio-control agent is able to control
and drive down the population of both the adult and the beetle eggs
below the environmental carrying capacity within an interval of 120
days, offering the long term prospect of a stable and eco-friendly
environment; where the population of scarab beetles is: regulated by
parasitoid wasps and beneficial soil saprophytes.
Abstract: The objective of the Economic Dispatch(ED) Problems
of electric power generation is to schedule the committed generating
units outputs so as to meet the required load demand at minimum
operating cost while satisfying all units and system equality and
inequality constraints. This paper presents a new method of ED
problems utilizing the Max-Min Ant System Optimization.
Historically, traditional optimizations techniques have been used,
such as linear and non-linear programming, but within the past
decade the focus has shifted on the utilization of Evolutionary
Algorithms, as an example Genetic Algorithms, Simulated Annealing
and recently Ant Colony Optimization (ACO). In this paper we
introduce the Max-Min Ant System based version of the Ant System.
This algorithm encourages local searching around the best solution
found in each iteration. To show its efficiency and effectiveness, the
proposed Max-Min Ant System is applied to sample ED problems
composed of 4 generators. Comparison to conventional genetic
algorithms is presented.
Abstract: Thanks to informational technologies development
every sphere of economics is becoming more and more datacentralized
as people are generating huge datasets containing
information on any aspect of their life. Applying research of such
data to human resources management allows getting scarce statistics
on labor market state including salary expectations and potential
employees’ typical career behavior, and this information can become
a reliable basis for management decisions.
The following article presents results of career behavior research
based on freely accessible resume data. Information used for study is
much wider than one usually uses in human resources surveys. That
is why there is enough data for statistically significant results even
for subgroups analysis.
Abstract: The study identified the socio-economic and
demographic factors of both married and unmarried females in third
world countries. Almost all the countries have same problems but we
have selected Pakistan as a sample country. The main purpose of this
study was to examine which factors forced women to participate in
labor market. So the best technique of data collection was survey of
both married and unmarried females between the ages of 20 to 49.
Two models (probit and logit) were used to analyze the factors which
effect on FLFP. The result showed that some factors e.g. age;
education and marital status have significant effect on FLFP. The
findings showed that educated women and those who belong to joint
families are more participate because of financial pressure.
Abstract: Nations are still finding it quite difficult to win mega
sport competitions despite the major contribution of sport to society
in terms of social and economic development, personal health, and in
education. Even though the world of sports has been transformed into
a huge global economy, it is important to note that the first step of
sport is usually its introduction to children at school through physical
education or PE. In other words, nations who do not win mega sport
competitions also suffer from a weak and neglected PE system. This
problem of the neglect of PE systems is the main motivation of this
research aimed at examining the factors affecting the perceived
awareness of physical education teachers on the ICTs that are
adoptable for the teaching and learning of physical education. Two
types of research objectives will materialize this aim: relevant
theories will be identified in relation to the analysis of the perceived
ICT awareness of PE teachers and subsequent models will be
compiled and designed from existing literature; the empirical testing
of such theories and models will also be achieved through the survey
of PE teachers from the Camperdown magisterial district of the
KwaZulu-Natal province of South Africa. The main hypothesis at the
heart of this study is the relationship between the demographics of PE
teachers, their behavior both as individuals and as social entities, and
their perceived awareness of the ICTs that are adoptable for PE, as
postulated by existing literature; except that this study categorizes
human behavior under performance expectancy, computer attitude,
and social influence. This hypothesis was partially confirmed by the
survey conducted by this research in the sense that performance
expectancy and teachers’ age, gender, computer usage, and class size
were found to be the only factors affecting their awareness of ICTs
for physical education.
Abstract: The current study explored the effect of economic
development, financial development and institutional quality on
environmental destruction in upper-middle income countries during
the time period of 1999-2011. The dependent variable is logarithm of
carbon dioxide emissions that can be considered as an index for
destruction or quality of the environment given to its effects on the
environment. Financial development and institutional development
variables as well as some control variables were considered. In order
to study cross-sectional correlation among the countries under study,
Pesaran and Friz test was used. Since the results of both tests show
cross-sectional correlation in the countries under study, seemingly
unrelated regression method was utilized for model estimation. The
results disclosed that Kuznets’ environmental curve hypothesis is
confirmed in upper-middle income countries and also, financial
development and institutional quality have a significant effect on
environmental quality. The results of this study can be considered by
policy makers in countries with different income groups to have
access to a growth accompanied by improved environmental quality.
Abstract: The aim of this paper is to trace the historical
development of the accounting profession in Libya, in order to
identify challenges facing the profession as the country moves from a
closed to emerging economy. The study is based on a literature
review and archival research. Accounting information has a vital role
to play in the achievement of economic goals in developing and
emerging economies, but a well qualified accounting profession is
required. In the context of institutional instability and unique cultural
factors, the accounting profession in Libya faces educational and
legal challenges if it is to achieve its potential in assisting the country
to reach its economic goals. This study focuses on one country,
which does limit its generalisability. However, it also suggests
fruitful research areas in considering the impact and challenge of
historic factors on the accounting profession in emerging economies.
Centrally planned economies require a body of well trained
professional accountants if they are to emerge onto the global
economic arena. Studies on the accounting profession have focused
primarily on those in developed economies, where the need for
meaningful accounting information for decision making is taken for
granted and there is a well trained, professional workforce. This study
of the profession in an emerging economy highlights the efforts that
will be needed to ensure the contribution of the profession to the
economic wellbeing of other emerging economies.
Abstract: Natural gas, as one of the most important sources of
energy for many of the industrial and domestic users all over the
world, has a complex, huge supply chain which is in need of heavy
investments in all the phases of exploration, extraction, production,
transportation, storage and distribution. The main purpose of supply
chain is to meet customers’ need efficiently and with minimum cost.
In this study, with the aim of minimizing economic costs, different
levels of natural gas supply chain in the form of a multi-echelon,
multi-period fuzzy linear programming have been modeled. In this
model, different constraints including constraints on demand
satisfaction, capacity, input/output balance and presence/absence of a
path have been defined. The obtained results suggest efficiency of the
recommended model in optimal allocation and reduction of supply
chain costs.
Abstract: The purpose of the present work is to review some
data for the management challenges that the aquaculture industry in
Greece is currently facing. The results indicate that Greek
aquaculture fish farms apply Human Resources Management (HRM)
practices which can increase motivation, commitment and job
satisfaction of their personnel. In turn, these practices can increase
the productivity of the business. The Greek fish farms appear to
invest in research and technological innovation with a good record in
research activities and the generation of patents. Interestingly, the
results of the present work were carried out during the period of the
recent economic crisis in Greece. Several sectors of the Greek
economy were severely affected by the financial problems of the
Greek government and the Greek banks. Under the adverse
economical conditions created by the Greek economic crisis, even the
Greek aquaculture industry, which historically is considered as a
thriving national exporting business sector, experienced harsh
economic and market conditions. As a result of the global, European
and national economic crisis, consumption of fish dropped while
companies had to hold most of their stocked fish in order to regulated
the flow to the market and the price. This occurred at a time where
Banks in Greece had their own financial crisis – banking crisis -
which resulted in limited access to lending for the all business sectors
of the national economy including the Greek aquaculture industry. In
spite of these economic conditions, the Greek aquaculture industry,
after a series of mergers and acquisitions, has now stabilized
production and exhibits very good prospects for future growth.
Evidently, the firms had to cut salaries and on some occasions even
pay their staff in arrears. Nevertheless, the results presented in this
paper indicate that during the economic crisis, the surveyed fish
farms maintained their HRM practices, investing in their human
capital and technological input. In fact, human capital and
technological input are the ticket for future success of companies in
any business sector.
Abstract: Caused by shorter product life cycles and higher
product variety the importance of production ramp ups is increasing.
Even though companies are aware of that fact, up to 40% of the ramp
up projects still miss technical and economical requirements. The
success of a ramp up depends on the planning of human factors,
organizational aspects and technological solutions. Since only partly
considered in scientific literature, this paper lays its focus on the
human factor during production ramp up. There are only incoherent
methods which address the problems in this area. A systematic and
holistic method to improve the capabilities of the employees during
ramp up is missing. The Harada Method is a relatively young
approach for developing highly-skilled workers. It consists of
different worksheets which help employees to set guidelines and
reach overall objectives. This approach is going to be transferred into
a tool for ramp up management.
Abstract: In Capitalism all economic activity rests upon a set of
core institutional foundations, main from which are privately owned
capital assets and profit. How these core institutional foundations are
working in former soviet countries, in particular in Travel and
Tourism Industry of Georgia?
The role of Travel and Tourism as a key pillar of economic growth
is being increasingly recognized by governments in all regions of the
world. For the last few years Georgia succeeded in the World Bank
and IFC “Doing Business” rankings. Despite of that, during decades
totally different statistical data of the tourism sector were provided by
the different State bodies; economic parameters were published few,
or not published at all.
The frequency and extent of property rights violation in Georgia
has repeatedly been the subject of concern for the last decade. Total
value of abrogated by the former Georgian Government private
property is estimated approximately in US$4-5 billion.
Thus, if economic profitability is unknown and property rights are
not protected – that means that the main institutional foundations of
capitalism in Georgia, are not working properly yet, that cause
management problems at all levels of the national Travel and
Tourism industry of Georgia.
Abstract: Mass flow measurement is the basis of most technoeconomic
formulations in the chemical industry. This calls for
reliable and accurate detection of mass flow. Flow measurement
laboratory experiments were conducted using various instruments.
These consisted of orifice plates, various sized rotameters, wet gas
meter and soap bubble meter. This work was aimed at evaluating
appropriate operating conditions and accuracy of the aforementioned
devices. The experimental data collected were compared to
theoretical predictions from Bernoulli’s equation and calibration
curves supplied by the instrument’s manufacturers. The results
obtained showed that rotameters were more reliable for measuring
high and low flow rates; while soap-bubble meters and wet-gas
meters were found to be suitable for measuring low flow rates. The
laboratory procedures and findings of the actual work can assist
engineering students and professionals in conducting their flow
measurement laboratory test work.
Abstract: This paper presents an anthropometric study
conducted to 300 employees in a maquiladora industry that belongs
to the cluster of medical products as part of a research project to
pretend simulate workplace conditions under which operators
conduct their activities. This project is relevant because traditionally
performed a study to design ergonomic workspaces according to
anthropometric profile of users, however, this paper demonstrates the
importance of making decisions when the infrastructure cannot be
adapted for economic whichever put emphasis on user activity.
Abstract: Economic Dispatch (ED) is one of the most
challenging problems of power system since it is difficult to determine
the optimum generation scheduling to meet the particular load demand
with the minimum fuel costs while all constraints are satisfied. The
objective of the Economic Dispatch Problems (EDPs) of electric
power generation is to schedule the committed generating units
outputs so as to meet the required load demand at minimum operating
cost while satisfying all units and system equality and inequality
constraints. In this paper, an efficient and practical steady-state genetic
algorithm (SSGAs) has been proposed for solving the economic
dispatch problem. The objective is to minimize the total generation
fuel cost and keep the power flows within the security limits. To
achieve that, the present work is developed to determine the optimal
location and size of capacitors in transmission power system where,
the Participation Factor Algorithm and the Steady State Genetic
Algorithm are proposed to select the best locations for the capacitors
and determine the optimal size for them.
Abstract: Historical and ancestral bonds of the countries in the
Middle East have led to similarities in culture and context of their
societies. In addition, economical resources, such as the oil industry,
have generally been an integrative point in the region. Higher
education of a country is influenced by different national and
international factors and, regarding the mentioned bonds, it is inviting
to study the development of the countries of the Middle East in
higher education and draw some practical implications which can be
used in the educational policymaking of the region. This review
includes a data analysis on the population of international students in
the countries of the Middle East. As its second objective, a review
study on the successful countries, that is, those which host the highest
number of international students, and the strategies they have
developed to reach this state among the countries of the region, has
been conducted. Suggestions are made as to the strategies in higher
education systems of these countries which could prove useful and
practical in the development of internationalization of higher
education in the region, specifically with regard to the recruitment of
international students.
Abstract: Nanotechnology is the new cyber, according to several major leaders in this field. Just as cyber is entrenched across global society now, nano is poised to be major capabilities enabler of the next decades. Expert members from the National Nanotechnology Initiative (in U.S.) representing government and science disciplines say nano has great significance for the military and the general public. It is predicted that after next 15 years nanotechnology will replace information technology as the most economic technology platform. Nanotechnology has even wider applications than information technology.
Abstract: In addition to the production, which is already
frequently optimized, improving the distribution logistics also opens
up tremendous potential for increasing an enterprise’s
competitiveness. Here too though, numerous interactions need to be
taken into account, enterprises thus need to be able to identify and
weigh between different potentials for economically efficient
optimizations. In order to be able to assess potentials, enterprises
require a suitable method. This paper first briefly presents the need
for this research before introducing the procedure that will be used to
develop an appropriate method that not only considers interactions
but is also quickly and easily implemented.