Abstract: The aim of the article is extending and developing
econometrics and network structure based methods which are able to
distinguish price manipulation in Tehran stock exchange. The
principal goal of the present study is to offer model for
approximating price manipulation in Tehran stock exchange. In order
to do so by applying separation method a sample consisting of 397
companies accepted at Tehran stock exchange were selected and
information related to their price and volume of trades during years
2001 until 2009 were collected and then through performing runs
test, skewness test and duration correlative test the selected
companies were divided into 2 sets of manipulated and non
manipulated companies. In the next stage by investigating
cumulative return process and volume of trades in manipulated
companies, the date of starting price manipulation was specified and
in this way the logit model, artificial neural network, multiple
discriminant analysis and by using information related to size of
company, clarity of information, ratio of P/E and liquidity of stock
one year prior price manipulation; a model for forecasting price
manipulation of stocks of companies present in Tehran stock
exchange were designed. At the end the power of forecasting models
were studied by using data of test set. Whereas the power of
forecasting logit model for test set was 92.1%, for artificial neural
network was 94.1% and multi audit analysis model was 90.2%;
therefore all of the 3 aforesaid models has high power to forecast
price manipulation and there is no considerable difference among
forecasting power of these 3 models.
Abstract: In this research relationship between to be smooth the
interest and output of accepted companies stock at negotiable paper
exchange of Tehran is studied. Static community capacity included
363 companies member of negotiable paper exchange of Tehran that
54 companies were, by considering research limitation, selected from
2004 to 2009. Needed data for model test in librarian method was
chosen from RAH AVARDE NOVIN informative banks, TADBIR
and collecting needed data was selected from Tehran negotiable
paper exchange archive. Given results show that in spite of belief
among people based on companies have more smooth interest have
more output, but resulted outcomes of test-done reveals that there is
no relation between smooth interest and stock output.
Abstract: This study suggests how an order-receiving company
can avoid disclosing schedule information on unit tasks to the
order-placing company when carrying out a collaborative project on
the value chain in an order-oriented industry. Specifically, it suggests
methods for keeping schedule information confidential, and
categorizes potential situations by inter-task dependency. Lastly, an
approach to select the most optimal non-disclosure method is
discussed. With the methods for not disclosing work-related
information suggested in the study, order-receiving companies can
logically deal with political issues relating to the question of whether
or not to disclose information upon the execution of a collaborative
project in cooperation with an order-placing firm. Moreover,
order-placing companies can monitor undistorted information, while
respecting the legitimate rights of an order-receiving company.
Therefore, it is fair to say that the suggestions made in this study will
contribute to the smooth operation of collaborative intercompany
projects.
Abstract: In order to optimize annual IT spending and to reduce
the complexity of an entire system architecture, SOA trials have been
started. It is common knowledge that to design an SOA system we
have to adopt the top-down approach, but in reality silo systems are
being made, so these companies cannot reuse newly designed services,
and cannot enjoy SOA-s economic benefits. To prevent this situation,
we designed a generic SOA development process referred to as the
architecture of “mass customization."
To define the generic detail development processes, we did a case
study on an imaginary company. Through the case study, we could
define the practical development processes and found this could vastly
reduce updating development costs.
Abstract: Using a methodology grounded in business process
change theory, we investigate the critical success factors that affect
ERP implementation success in United States and India.
Specifically, we examine the ERP implementation at two case study
companies, one in each country. Our findings suggest that certain
factors that affect the success of ERP implementations are not
culturally bound, whereas some critical success factors depend on the
national culture of the country in which the system is being
implemented. We believe that the understanding of these critical
success factors will deepen the understanding of ERP
implementations and will help avoid implementation mistakes,
thereby increasing the rate of success in culturally different contexts.
Implications of the findings and future research directions for both
academicians and practitioners are also discussed.
Abstract: Automobile Industry has great importance in the
Spanish economy (8,7 % of the active Spanish population is
employed in this sector).The above mentioned sector has been one of
the principal sectors affected by the current economic crisis,
consistently, the budgets in advertising have been severely limited
(46,9 % less in the period of reference), these needs of reduction
have originated a substantial change in the advertising strategy (from
2007 the increase of the advertising investment in Internet is 251,6
%), and increase profitability. The growing use of social media by
consumers therefore makes online consumer conversations an
attractive additional format for Automobile firms to promote
products at a lower cost. This research analyzes the relation between
the activity in Social Media and the design in the car industry,
looking for relations between strategies of design based on Social
Media and sales and a channel of information for companies to know
what the consumer preferences. For this ongoing research we used a
longitudinal withdrawal of information has been used using
information of panel. Managerial and research implications of the
finding are discussed.
Abstract: At the present, auto part industries have become higher challenge in strategy market. As this consequence, manufacturers need to have better response to customers in terms of quality, cost, and delivery time. Moreover, they need to have a good management in factory to comply with international standard maximum capacity and lower cost. This would lead companies to have to order standard part from aboard and become the major cost of inventory. The development of auto part research by recycling materials experiment is to compare the auto parts from recycle materials to international auto parts (CKD). Factors studied in this research were the recycle material ratios of PU-foam, felt, and fabric. Results of recycling materials were considered in terms of qualities and properties on the parameters such as weight, sound absorption, water absorption, tensile strength, elongation, and heat resistance with the CKD. The results were showed that recycling materials would be used to replace for the CKD.
Abstract: Studies were carried out to determine the in vitro
susceptibility of the typhoid pathogens to combined action of Euphorbia hirta, Euphorbia heterophylla and Phyllanthus niruri. Clinical isolates of the typhoid bacilli were subjected to susceptibility testing using agar diffusion technique and the minimum inhibitory
concentration (MIC) determined with tube dilution technique. These
isolates, when challenged with doses of the extracts from the three
medicinal plants showed zones of inhibition as wide as 26±0.2mm, 22±0.1mm and 18±0.0mm respectively. The minimum inhibitory concentration (MIC) revealed organisms inhibited at varying
concentrations of extracts: E. hirta (S. typhi 0.250mg/ml, S. paratyphi A 0.125mg/ml, S. paratyphi B 0.185mg/ml and S. paratyphi C 0.225mg/ml), E. heterophylla (S. typhi 0.280mg/ml, S. paratyphi A
0.150mg/ml, S. paratyphi B 0.200mg/ml and S. paratyphi C 0.250mg/ml) and P. niruri (S. typhi 0.150mg/ml, S. paratyphi A 0.100mg/ml, S. paratyphi B 0.115mg/ml and S. paratyphi C 0.125mg/ml). The results of the synergy between the three plants in
the ration of 1:1:1 showed very low MICs for the test pathogens as follows S. typhi 0.025mg/ml, S. paratyphi A 0.080mg/ml, S. paratyphi B 0.015mg/ml and S. paratyphi C 0.10mg/ml with the
diameter zone of inhibition (DZI) ranging from 35±0.2mm,
28±0.4mm, 20±0.1mm and 32±0.3mm respectively. The secondary
metabolites were identified using simple methods and HPLC. Organic components such as anthroquinones, different alkaloids,
tannins, 6-ethoxy-1,2,3,4-tetrahydro-2,2,4-trimethyl and steroids were identified. The prevalence of Salmonellae, a deadly infectious disease, is still very high in parts of Nigeria. The synergistic action of these three plants is very high. It is concluded that pharmaceutical companies should take advantage of these findings to develop new
anti-typhoid drugs from these plants.
Abstract: This policy participation action research explores the
roles of Thai government units during its 2010 fiscal year on how to
create value added to recycling business in the central part of
Thailand. The research aims to a) study how the government plays a
role to support the business, and its problems and obstacles on
supporting the business, b) to design a strategic action – short,
medium, and long term plans -- to create value added to the recycling
business, particularly in local full-loop companies/organizations
licensed by Wongpanit Waste Separation Plant as well as those
licensed by the Department of Provincial Administration. Mixed
method research design, i.e., a combination of quantitative and
qualitative methods is utilized in the present study in both data
collection and analysis procedures. Quantitative data was analyzed
by frequency, percent value, mean scores, and standard deviation,
and aimed to note trend and generalizations. Qualitative data was
collected via semi-structured interviews/focus group interviews to
explore in-depth views of the operators. The sampling included 1,079
operators in eight provinces in the central part of Thailand.
Abstract: The Niger Delta Region of Nigeria is home to about
20 million people and 40 different ethnic groups. The region has an
area of seventy thousand square kilometers (70,000 KM2) of
wetlands, formed primarily by sediments deposition and makes up
7.5 percent of Nigeria's total landmass. The notable ecological zones
in this region includes: coastal barrier islands; mangrove swamp
forests; fresh water swamps; and lowland rainforests. This incredibly
naturally-endowed ecosystem region, which contains one of the
highest concentrations of biodiversity on the planet, in addition to
supporting abundant flora and fauna, is threatened by the inhuman act
known as gas flaring. Gas flaring is the combustion of natural gas
that is associated with crude oil when it is pumped up from the
ground. In petroleum-producing areas such as the Niger Delta region
of Nigeria where insufficient investment was made in infrastructure
to utilize natural gas, flaring is employed to dispose of this associated
gas. This practice has impoverished the communities where it is
practiced, with attendant environmental, economic and health
challenges. This paper discusses the adverse environmental and
health implication associated with the practice, the role of
Government, Policy makers, Oil companies and the Local
communities aimed at bring this inhuman practice to a prompt end.
Abstract: Market competition and a desire to gain advantages on globalized market, drives companies towards innovation efforts. Project overload is an unpleasant phenomenon, which is happening for employees inside those organizations trying to make the most efficient use of their resources to be innovative. But what are the impacts of project overload on organization-s innovation capabilities? Advanced engineering teams (AE) inside a major heavy equipment manufacturer are suffering from project overload in their quest for innovation. In this paper, Agent-based modeling (ABM) is used to examine the current reality of the company context, and of the AE team, where the opportunities and challenges for reducing the risk of project overload and moving towards innovation were identified. Project overload is more likely to stifle innovation and creativity inside teams. On the other hand, motivations on proper challenging goals are more likely to help individual to alleviate the negative aspects of low level of project overload.
Abstract: The liberalization and privatization processes have
forced public utility companies to face new competitive challenges,
implementing strategies to gain market share and, at the same time,
keep the old customers. To this end, many companies have carried
out mergers, acquisitions and conglomerations in order to diversify
their business. This paper focuses on companies operating in the free
energy market in Italy. In the last decade, this sector has undergone
profound changes that have radically changed the competitive
scenario and have led companies to implement diversification
strategies of the business. Our work aims to evaluate the economic
and financial performances obtained by energy companies, following
the beginning of the liberalization process, verifying the possible
relationship with the implemented diversification strategies.
Abstract: In today-s global and competitive market,
manufacturing companies are working hard towards improving their
production system performance. Most companies develop production
systems that can help in cost reduction. Manufacturing systems
consist of different elements including production methods,
machines, processes, control and information systems. Human issues
are an important part of manufacturing systems, yet most companies
do not pay sufficient attention to them. In this paper, a workforce
planning (WP) model is presented. A non-linear programming model
is developed in order to minimize the hiring, firing, training and
overtime costs. The purpose is to determine the number of workers
for each worker type, the number of workers trained, and the number
of overtime hours. Moreover, a decision support system (DSS) based
on the proposed model is introduced using the Excel-Lingo software
interfacing feature. This model will help to improve the interaction
between the workers, managers and the technical systems in
manufacturing.
Abstract: In today-s turbulent environment, companies are faced with two principal challenges. On the one hand, it is necessary to produce ever more cost-effectively to remain competitive. On the other hand, factories need to be transformable in order to manage unpredictable changes in the corporate environment. To deal with these different challenges, companies use the philosophy of lean production in the first case, in the second case the philosophy of transformability. To a certain extent these two approaches follow different directions. This can cause conflicts when designing factories. Therefore, the Institute of Production Systems and Logistics (IFA) of the Leibniz University of Hanover has developed a procedure to allow companies to evaluate and design their factories with respect to the requirements of both philosophies.
Abstract: The purpose of this paper is to examine the current
state of corporate social responsibility statements on corporate
websites of Malaysian and Singaporean corporations and analyze
how the CSR statements contribute in building a unique corporate
identity of corporations. Content analysis is employed to examine the
websites of Malaysian and Singaporean consumer corporations. It is
believed that generally most companies tend to publish and
communicate their CSR statements visibly to general stakeholders.
However, there is a significantly different outcome of the articulation
of CSR on practices on websites between Malaysian and Singaporean
consumer corporations. A number of Singaporean organizations were
found less concerned with CSR practices as compared to Malaysian
organizations. The findings indicate a need for corporations in
Malaysia and Singapore to orchestrate their core competence of CSR
activities in order to develop a unique corporate identity in a global
business environment.
Abstract: Time full of changes which is associated with globalization, tougher competition, changes in the structures of markets and economic downturn, that all force companies to think about their competitive advantages. These changes can bring the company a competitive advantage and that can help improve competitive position in the market. Policy of the European Union is focused on the fast growing innovative companies which quickly respond to market demands and consequently increase its competitiveness. To meet those objectives companies need the right conditions and support of their state.