-
簡介:1中文中文10500字中文譯名資本流動性和市場效率基于納斯達(dá)克上市公司的分析外文原文名LIQUIDITYANDMARKETEFFICIENCYANALYSISOFNASDAQFIRMS外文原文版出處GLOBALFINANCEJOURNAL,2010,21262274譯文資本流動性和市場效率基于納斯達(dá)克上市公司的分析資本流動性和市場效率基于納斯達(dá)克上市公司的分析DENNISYCHUNG,KARELHRAZDIL摘要摘要我們分析納斯達(dá)克所有公司的短期收益可預(yù)測性,將短期收益可預(yù)測性作為市場效率一個逆向指標(biāo)。我們的研究結(jié)果證實,資本流動性的增強(qiáng)促進(jìn)了市場效率的提高,并且加入了新信息變量后,資本流動性對資本市場效率的影響程度更強(qiáng)。在對資本流動性和信息影響加以控制之后,我們發(fā)現(xiàn)只在十六分之一報價單位到十進(jìn)制報價單位制度的納斯達(dá)克公司的市場效率有所提高。我們進(jìn)一步證明,在交易頻率、數(shù)量和市值的基礎(chǔ)上形成的不同證券投資組合,其市場效率的推論是不統(tǒng)一的。關(guān)鍵詞流動性;收益可預(yù)見性;市場效率;納斯達(dá)克1、簡介、簡介CHORDIA,ROLL和SUBRAHMANYAM2008年,以下稱為CRS研究了三個報價單位制度的市場效率,并記錄下紐約證交所NYSE上市公司的短期收益可預(yù)見性大幅下降的樣本。論據(jù)是,從以往的訂單流獲得股票收益的短期收益可預(yù)見性是市場效率的一個逆向指標(biāo),CRS提供的令人信服的證據(jù)表明,隨著指標(biāo)體量的下降,市場效率變得更加高效。CRS研究的一個重要意義是,他們的預(yù)測方法為預(yù)測信息對市場效率的影響程度打下了基礎(chǔ)。對與紐交所相關(guān)的公司的研究也開始出現(xiàn)在文獻(xiàn)中如AKTAS,DEBODT,VISALTANACHOTIYANG,2010。然而,在CRS的研究結(jié)果可以在所有美國公司推廣或應(yīng)用在各種研究設(shè)置之前,需要對其它更全面的樣本進(jìn)行進(jìn)一步的分析。事實上,CRS明確表態(tài)說,“未來的調(diào)查應(yīng)該將分析擴(kuò)展到更小公司,其他交易周期,交易所和國家之上”252頁。CRS只是從紐約證券交易所的公司中選擇其研究樣本。他們進(jìn)一步把樣本限制在最大、交易活躍的公司,以盡量減少短時間間隔設(shè)置的非交易影響。由于紐交所的具體組織和機(jī)構(gòu)特點的原因,所以也不太確定不同交易的特征,如交易規(guī)則,限價訂單,或打開定價機(jī)制在資本流動性與市場效率中所發(fā)揮作用的程度。本研究的主要目的是把CRS的分析運(yùn)用到在納斯達(dá)克交易的美國公司的大樣本中去,納斯達(dá)克在相似的時期經(jīng)歷了與紐交所經(jīng)歷的外生變化最小的買賣價差。我們首先解決在1993年1月1日至1993年6月30日3此導(dǎo)致較低的收益可預(yù)見性和更高的市場效率。在這種情況下,資本的流動性是與市場效率呈正相關(guān)關(guān)系。第二,如果市場商未能利用訂單流中的信息和消除收益可預(yù)見性,那么其他市場參與者就有激情來收集訂單流和貿(mào)易方面的新信息。盡管市場商面對逐漸增加的逆向選擇降低了資本的流動性的情況,但隨著更多信息體現(xiàn)在價格中,市場的效率也就會更高。在這種情況下,資本的流動性與市場效率負(fù)相關(guān)。運(yùn)用紐約證券交易所193家公司紐約證券交易所最大的500家公司在整個樣本期間的每日交易的短期收益和滯后訂單不平衡測量數(shù)據(jù),CRS的研究表明,三個報價單位制度公司的收益可預(yù)見性的大幅下降和資本流動性的增強(qiáng)均促使市場效率得到提高。資本流動性與市場效率之間的正相關(guān)關(guān)系有力的支持了他們的第一個假設(shè)和結(jié)論,即資本的高流動性促進(jìn)了套利交易,從而降低了收益的可預(yù)見性并提高了市場的效率。通過使用收益方差比率和自相關(guān)性,CRS進(jìn)行了額外的分析,并提供證據(jù)表明,新信息在資本流動性方面能更有效地影響價格。CRS得出這樣的結(jié)論“通過兩個不同的渠道增加資本流動性有助于促進(jìn)市場的效率。首先,來自訂單流的收益可預(yù)測性在高流動性時期是呈下降趨勢的,因為在此時期,套利者在吸收訂單方面能夠更好地協(xié)助專家。第二,最低價格變化的減少允許收集更多的信息,反過來,又通過允許價格反映基本面的更多信息的方式增加了信息的效率”第266頁。隨著市場新信息的增加,流動性和市場效率的動態(tài)關(guān)系也很可能會改變。我們在研究中用實證樣本去解決這個問題。我們把增加的逆向選擇的時期作為市場新信息的指標(biāo),并給出高逆向選擇與流動性的積極互動可以對市場效率產(chǎn)生明顯的,積極作用的證據(jù)。我們進(jìn)一步發(fā)現(xiàn),流動性的增強(qiáng)和新信息二者都有助于提高市場效率,同時也進(jìn)一步印證了CRS的結(jié)論,并驗證了收益可預(yù)見性作為市場效率的未來研究設(shè)計指標(biāo)的作用。當(dāng)他們決定盤中回報和訂單流時間間隔的適當(dāng)長度時,CRS承認(rèn)了非頻繁交易的問題1,。此外,CRS通過在他們的研究中排除中小股票的方式,繞過罕見的交易問題,并且最終樣本要求是在整個樣本期間每天都進(jìn)行交易的所有公司。對于我們的研究,我們囊括了所有納斯達(dá)克公司,我們也研究交易頻率如何影響流動性和市場效率之間的關(guān)系,訂單流信息在評估收益可預(yù)見性時是否有用和是否可以從一個5分鐘的間隔到下一個間隔得到交易信息。22機(jī)制詳情機(jī)制詳情交換的差異特征,如交易規(guī)則,限價訂單,或打開定價機(jī)制可以說是在流動性與市場效率發(fā)揮作用程度的因素。例如,盡管紐約證券交易所和美國證券交易所是指令驅(qū)動的拍賣市場(壟斷和專業(yè)經(jīng)銷商),但納斯達(dá)克NASDAQ是一個更有競爭力,擁有多個經(jīng)銷商的市場。除了擁有自己的賬戶,專家通過限價訂單的方式促進(jìn)交易的流動性,給紐約證券交易所和美國證券交易所提供了較大的流動性的組合,而在納斯達(dá)克上市公司沒有中心極限訂單,經(jīng)銷商在電子屏幕上不斷發(fā)布公司收購,問報價。進(jìn)一步,發(fā)布與價格相關(guān)的新
下載積分: 10 賞幣
上傳時間:2024-03-11
頁數(shù): 14
大小: 0.26(MB)
子文件數(shù):
-
簡介:字?jǐn)?shù)英文字?jǐn)?shù)英文35643564單詞,單詞,1898718987字符;中文字符;中文57265726漢字漢字出處出處AANDREJOVSKAANDREJOVSKA,VPULIKOVATAXPULIKOVATAXREVENUESREVENUESININTHETHECONTEXTCONTEXTOFOFECONOMICECONOMICDETERMINANTSJMONTENEGRINDETERMINANTSJMONTENEGRINJOURNALJOURNALOFOFECONOMICS2018,141133141ECONOMICS2018,141133141外文文獻(xiàn)外文文獻(xiàn)TAXREVENUESINTHECONTEXTOFECONOMICDETERMINANTSABSTRACTDESPITETHEGENERALRECOGNITIONTHATTAXESAREGENERALLYASTRONGPOLICYTOOLFORASSESSINGTHEMACROECONOMICIMPACTOFTHECOUNTRYSALTERNATIVETAXPOLICIES,TAXESAREOFTENWEAKENEDBYRESTRICTIONSONTAXREVENUEMEASUREMENTTHEAIMOFTHECONTRIBUTIONISTOQUANTIFYTHEIMPACTOFSELECTEDMACROECONOMICINDICATORSGROSSDOMESTICPRODUCT,LEVELOFEMPLOYMENT,PUBLICDEBT,FOREIGNDIRECTINVESTMENTS,EFFECTIVETAXRATE,STATUTORYTAXRATEONTHETOTALAMOUNTOFTAXREVENUES,TAKINGINTOACCOUNTTHETAXCOMPETITIVENESSOFTHE28EUMEMBERSTATESTHEREWASUSEDMETHODSOFTHREEMODELSOFREGRESSIONANALYSISTHEPOOLINGMODEL,THEFIXEDEFFECTSMODELANDTHERANDOMEFFECTSMODELTHEHYPOTHESISTHATTHEGROSSDOMESTICPRODUCTHASTHEGREATESTIMPACTONTAXREVENUEHASBEENTESTEDINCONCLUSION,THEANALYSISCONFIRMEDTHATTHESTRONGESTCORRELATIONISBETWEENTAXREVENUESANDEMPLOYMENTRATEFOLLOWEDBYFOREIGNDIRECTINVESTMENTANDGROSSDOMESTICPRODUCTINCREASINGTHESEDETERMINANTSBY1MIL€INCREASEINEMPLOYMENTBY1WOULDINCREASETAXREVENUESBY10072MIL€ATTHEEMPLOYMENTRATE,BY3831THOUSAND€FORGROSSDOMESTICPRODUCTANDBY4342THOUSAND€FORFOREIGNDIRECTINVESTMENTKEYWORDSTAXCOMPETITION,CORPORATETAXATION,TAXREVENUE,CAPITALMOBILITYINTRODUCTIONCORPORATETAXESREPRESENTTHEDRIVINGFORCEOFTHEECONOMYWHICHMAKESETAL,1993KAWANOANDSLEMROD2016DEALTWITHACORRELATIONTHATEXPRESSESTHERELATIONSHIPBETWEENCORPORATETAXRATESANDTAXREVENUESFOROECDCOUNTRIESBETWEEN1980AND2004THEYFOUNDTHATRAISINGIMPLICITTAXRATESMAXIMIZESCORPORATEPROFITSCLAUDE2007,DEVEREUXETAL2002ANDDEVEREUXANDGRIFFITH1998ALSODISCUSSEDTHISDEPENDENCETHEAUTHORSHAVEPRESENTEDTHERESULTOFTHEIRRESEARCHISTHEFACTTHATHIGHERTAXRATESINCREASETAXREVENUEWECANOBSERVEANEGATIVETWOWAYRELATIONSHIPBETWEENTHETAXRATEANDTAXREVENUETHETAXRATEHASANEGATIVEDEPENDENCEONINVESTMENTTHEHIGHERTHECORPORATETAXRATEIS,THEMORENEGATIVETHEIMPACTONTHEINVESTMENTHASFURTHERINCREASINGTHESTATUTORYRATEISTHEEASIESTANDMOSTACCESSIBLEWAYTOGATHERINFORMATIONABOUTTHECOUNTRY,BUTCERTAINLYNOTTHEONLYCRITERIONASREPORTEDBYBAYER2012,GUPTA2007BIRDETAL2008,ITISIMPORTANTTOMONITORTHETOTALTAXBURDENTHATREPRESENTSTHELEVELOFCORPORATETAXATIONORINTHEOTHERWORDS,THESHAREOFTAXONTHETOTALINCOMEORPROFITSOFTHECOMPANYINTHATCOUNTRYEVENTHOUGHTHELEGISLATIONSETSTHEBASICINSOMECOUNTRIESAREDUCEDTAXRATETOO,WHICHISTHESAMEFORALLCOMPANIES,ITISNECESSARYTOMONITORTHETAXBURDENINAWIDERPERSPECTIVEITISPRECISELYTHEINAPPROPRIATENESSOFUSINGSTATUTORYRATESASANOBJECTIVEINDICATORINTRACKINGANDTHENCOMPARINGTHECORPORATETAXRATETODERIVINGANEFFECTIVETAXRATETHATHASASIGNIFICANTLYBETTERDISCLOSUREABILITY,MCKENZIEETAL1997BARRIOSETAL2014THEEFFECTIVETAXRATEISEXPRESSEDBYTHEACTUALTAXRATEOFTHEINCOMEANDANINCREASEOFTHISTAXRATEPREDICTSHIGHERTAXREVENUELUCAS1990,1991ANDRAZINETAL1993SUGGESTEDALTERNATIVEMETHODOFTAXATION,WHICHCREATESEFFECTIVETAXRATESBASEDONDATAABOUTREALTAXPAYMENTSANDNATIONALACCOUNTSTHISMETHODTAKESINTOCONSIDERATIONEFFECTIVESYSTEMOFTAXATION,GROSSTAXCHARGINGRESULTINGFROMPRIMARYTAXES,ANDPRODUCESMEASURESOFTAXRATES,WHICHAREINLINEWITHCONCEPTIONOFGROSSTAXRATESONNATIONALLEVELCONSEQUENTIAL
下載積分: 10 賞幣
上傳時間:2024-03-16
頁數(shù): 23
大?。?0.1(MB)
子文件數(shù):
-
簡介:EUROPEANFINANCIALMANAGEMENT,2012DOI101111/J1468036X201200659XRISKMANAGEMENTFORITALIANNONFINANCIALFIRMSCURRENCYANDINTERESTRATEEXPOSUREGORDONMBODNARSCHOOLOFADVANCEDINTERNATIONALSTUDIESSAIS,THEJOHNSHOPKINSUNIVERSITY,1740MASSACHUSETTSAVENW,WASHINGTONDC20036USAEMAILBODNARJHUEDUCOSTANZACONSOLANDIUNIVERSITADEGLISTUDIDISIENA,ITALYEMAILCOSTANZACONSOLANDIUNISIITGIAMPAOLOGABBIUNIVERSITADEGLISTUDIDISIENA,ITALYANDSDABOCCONIMILANITALYEMAILGIAMPAOLOGABBISDABOCCONIITAMEETAJAISWALDALEOPUSCOLLEGEOFBUSINESSUNIVERSITYOFSTTHOMAS,1000LASALLEAVENUE,MINNEAPOLIS,MN55403USAEDHECBUSINESSSCHOOLEMAILA9JAISWALSTTHOMASEDUABSTRACTTHISPAPERSURVEYSRISKMANAGEMENTPRACTICESAMONGITALIANNONFINANCIALFIRMSTHISPAPER’SCONTRIBUTIONLIESININVESTIGATINGDERIVATIVEUSAGEPARTICULARTOITALIANBUSINESSES,AGROUPWHOSEPUBLICDISCLOSUREOFDERIVATIVEINSTRUMENTSISNOTROUTINEITALYISCHARACTERISEDBYAHIGHPERCENTAGEOFSMALLANDMEDIUMSIZEDFAMILYRUNFIRMSTHESURVEYEXAMINESDETERMINANTSOFCURRENCYANDINTERESTRATEDERIVATIVEUSEWITHRESPECTCURRENCYANDTOFIRMSIZE,GEOGRAPHICALLOCATION,RATING,INDUSTRY,ACCESSTOCAPITALMARKETSANDEDUCATEDMANAGEMENTTHERESULTSFROMTHELOGISTICWETHANKTHEEDITORJOHNDOUKASANDANANONYMOUSREFEREEFORHELPFULCOMMENTSWEALSOTHANKRICCARDOBRAMANTE,MARCOTUCCIANDROBERTORENOFORVERYHELPFULDISCUSSIONSANDACAREFULREADINGOFTHEMANUSCRIPTWEAREGRATEFULTOCAREFIN,CENTREFORAPPLIEDRESEARCHINFINANCEOFUNIVERSITABOCCONIFORITSFINANCIALSUPPORTWETHANKANRA,THEITALIANASSOCIATIONOFRISKMANAGERSFORITSHELPTOSELECTANDCOLLECTDATAANDTODAVIDESCIALDONEFORITSASSISTANCETOCONTACTFIRMSANDFILLTHEQUESTIONNAIRESALLREMAININGERRORSAREOUROWNC?2012BLACKWELLPUBLISHINGLTDRISKMANAGEMENTFORITALIANNONFINANCIALFIRMS3THEORIESINDIFFERENTCOUNTRIESWHILETHEDIRECTTAXINFLUENCESAREWEAK,SUPPORTHASBEENFOUNDFORTHEINCREASEDDEBTCAPACITYARGUMENTBERKMANANDBRADBURY,1996GRAHAMANDROGERS,2002GUAY,1999GENERALLYLEVERAGEISFOUNDTOBEPOSITIVELYRELATEDTODERIVATIVEUSAGETHEINTERNALFINANCINGEXPLANATIONISALSOSUPPORTEDINSOMECASESBERKMANANDBRADBURY,1996GECZYETAL,1997GUAY,1999BUTREJECTEDINOTHERSMIAN,1996APOSITIVELINKBETWEENTHEPOTENTIALFORFINANCIALDISTRESSANDRISKMANAGEMENTACTIVITYISALSOSUPPORTEDJUDGE,2006THEMANAGERIALRISKAVERSIONLINKAGEISSUPPORTEDINTHESTUDIESOFTUFANO1996ANDBERKMANANDBRADBURY1996INDUSTRYANDSIZEEFFECTSARENEARLYUNIFORMACROSSTHESTUDIESWITHSOMEMEASUREOFFIRMSCALEBEINGSTRONGLYPOSITIVELYRELATEDTOFINANCIALDERIVATIVEUSAGEINALMOSTEVERYSTUDYWHILETHESEFEATURESHAVEBEENSHOWNTOPLAYAROLEINTHEDECISIONTOUSEDERIVATIVESBYPUBLICLYTRADEDFIRMSACROSSMANYDIFFERENTCOUNTRIES,OURSURVEYOFITALIANNONFINANCIALFIRMSLOOKSATDERIVATIVEUSAGEINSEVERALDIFFERENTRISKAREASANDFOCUSESONDIFFERENCESINUSAGEACROSSPUBLICLYLISTEDANDPRIVATEFIRMSGIVENTHISFOCUSANDTHEANONYMITYREQUIREDINORDERFORTHEITALIANNONLISTEDFIRMSTOPARTICIPATEINTHESURVEYWEHAVELIMITSONTHEBREADTHOFTHEFIRMCHARACTERISTICDATAWEHAVETOHELPEXPLAINTHEPATTERNOFDERIVATIVEUSAGE2ASSUCHWEHAVEINFORMATIONONGEOGRAPHICALLOCATIONWITHINACOUNTRY,MANAGERIALEXPERTISEINTERMSOFEDUCATIONLEVEL,OWNERSHIPSTRUCTUREINTERMSOFWHETHERTHEFIRMISPUBLICLYLISTEDORPRIVATELYHELDANDTHEFIRM’SEXTERNALCREDITRATINGSTHISSTUDYEXAMINESNOTONLYTHEFREQUENCYOFDERIVATIVEUSEINTHEFOREIGNCURRENCYANDINTERESTRATEAREABUTALSOUSESLOGITREGRESSIONSTOATTEMPTTOEXPLAINTHEINFLUENCEOFTHESEFIRMCHARACTERISTICSONTHEPATTERNOFDERIVATIVEINSTRUMENTUSEBYITALIANNONFINANCIALFIRMSTHESURVEYDESIGNEDBYTHEAUTHORSISCOMPREHENSIVEITIDENTIFIESTHEABOVEKEYCHARACTERISTICSASSOCIATEDWITHTHECHOICETOUSEDERIVATIVESINSTRUMENTS,THETYPESOFDERIVATIVESUSEDTHEPAPERPROCEEDSASFOLLOWSSECTION2SUMMARISESTHEEXISTINGLITERATURESECTION3DESCRIBESOURSAMPLEANDTHECOLLECTIONOFDATAFORTHEITALIANNONFINANCIALFIRMSSECTION4PRESENTSTHEMETHODOLOGYANDOURHYPOTHESISSECTION5REPORTSTHERESULTSANDSECTION6CONCLUDES2AREVIEWOFPREVIOUSSURVEYSDURINGTHELASTTHREEDECADES,SEVERALSTUDIESHAVEEXAMINEDRISKMANAGEMENTPRACTICES,FOCUSINGONMANAGEMENTBEHAVIOURANDTHEUSEOFINNOVATIVEFINANCIALINSTRUMENTSBLOCKANDGALLAGHER1986EXAMINEDTHEUSEOFDERIVATIVESINSTRUMENTSFORHEDGINGINTERESTRATEEXPOSUREINTHEUSA,POSTOCTOBER1979,WHENTHEFEDERALRESERVECHANGEDITSPOLICY,LEADINGTOANINCREASEINTHEINTERESTRATESANDINTERESTRATEVOLATILITYRESULTSSHOWTHATAPPROXIMATELYONEOUTOFFIVEFIRMSUSEDINTERESTRATEFUTURESANDOPTIONSTOHEDGETHEINTERESTRATEEXPOSURE,WITHAHIGHERUSAGEDEGREEBYLARGERFIRMSANDCOMPANIESINCOMMODITYORIENTEDINDUSTRIESDOLDE1993EXAMINESFORTUNEUSEDERIVATIVEINTENSITYMEASUREDDERIVATIVECONTACTVALUESOVERFIRMMARKETVALUEINTHEIRSTUDYOF116FIRMSINNEWZEALAND2MANYOFTHEFIRMSARENOTPUBLICLYTRADEDANDDONOTHAVEPUBLICFINANCIALSTATEMENTSANDWERENOTWILLINGTOPARTICIPATEINTHESURVEYIFSUCHINFORMATIONWASREQUIREDASARESULT,WEWORKLARGELYOFFOBSERVABLEFIRMCHARACTERISTICSANDSOMEBASICFIRMDEMOGRAPHICSTHATWEREOBTAINABLEFORTHEFULLSAMPLEC?2012BLACKWELLPUBLISHINGLTD
下載積分: 10 賞幣
上傳時間:2024-03-13
頁數(shù): 24
大?。?0.51(MB)
子文件數(shù):
-
簡介:中文中文7350字,字,4400英文單詞,英文單詞,25500英文字符英文字符文獻(xiàn)出處文獻(xiàn)出處LAMTYMECONOMICPERSPECTIVEONOUTSOURCINGOFPROPERTYMANAGEMENTSERVICESJPROPERTYMANAGEMENT,2012,VOLUME30431833215ECONOMICPERSPECTIVEONOUTSOURCINGOFPROPERTYMANAGEMENTSERVICESTERENCEYMLAMABSTRACTPURPOSE–THEPURPOSEOFTHISPAPERISTOIDENTIFYTHEECONOMICFORCESINFLUENCINGTHEOUTSOURCINGPROCESSOFPROPERTYMANAGEMENTSERVICES,ANDINVESTIGATEHOWTHESEFORCESSHOULDBEAPPLIEDINORDERTOMAXIMIZETHEPRODUCTIVEEFFICIENCYANDPERFORMANCEQUALITY,THUSENSURINGOPTIMALUSEOFRESOURCESDESIGN/METHODOLOGY/APPROACH–MARKETCOMPETITIONANDTRANSACTIONMONITORINGWEREIDENTIFIEDTOBETHEFUNDAMENTALFACTORSSINGLECASESTUDYMETHODWASUSEDTOQUANTITATIVELYEXAMINETHEIMPACTOFTHESEECONOMICFORCESONTHEOUTSOURCINGOFPROPERTYMANAGEMENTSERVICESOFTHEHONGKONGHOUSINGAUTHORITYFINDINGS–THEPROPERTYSERVICESMARKETWASCONTESTABLE,ANDTHROUGHCOMPETITIVETENDERINGTHELEVELOFCOMPETITIONHADASIGNIFICANTNEGATIVEIMPACTONPRODUCTIONCOSTANDASIGNIFICANTPOSITIVERELATIONSHIPWITHSERVICEQUALITYFEELEVELWASALSOFOUNDTOHAVENOSIGNIFICANTEFFECTONSERVICEQUALITYPROFESSIONALMAINTENANCESERVICESWEREFOUNDTOBECOMPLEXANDASSOCIATEDWITHSIGNIFICANTTRANSACTIONCOSTS,ESPECIALLYWHERETHEREWASAHIGHDEGREEOFCONTACTWITHTENANTSRESEARCHLIMITATIONS/IMPLICATIONS–THEOUTSOURCINGSTRATEGYFORMSACONCEPTUALBASELINEONWHICHFURTHERRESEARCHCANBUILDTOTESTITSSIGNIFICANCEINMANYOTHERSETTINGS,THUSRESULTINGINAMOREROBUSTECONOMICTHEORYFOROUTSOURCINGOFPROPERTYMANAGEMENTSERVICESPRACTICALIMPLICATIONS–COMPETITIVETENDERINGSHOULDBEADOPTEDFOROUTSOURCINGTOMINIMIZEPRODUCTIONCOSTANDMAXIMIZESERVICEQUALITYTHEOVERALLTRANSACTIONCOSTSSHOULDBEMINIMIZEDBYFOCUSINGTHELIMITEDRESOURCESONMONITORINGOFTHECOMPLEXPROFESSIONALMAINTENANCESERVICES,ESPECIALLYTHESERVICESFORMAJORPLANNEDMAINTENANCEWORKSWHERETHEREAREMANYOCCUPIERSINVOLVEDORIGINALITY/VALUE–THECONFIRMATORYTESTSINDICATETHATTHESTRATEGICOBJECTIVESOFCOSTANDQUALITYIMPROVEMENTFROMOUTSOURCING,ASEXPECTEDBYTHESTAKEHOLDERS,CANBEACHIEVEDHENCETHERESEARCHCONTRIBUTESTOTHEPROPERTYMANAGEMENTPRACTICEBYDEVELOPINGANECONOMICSTRATEGYWHICHOPTIMIZESTHEUSEOFRESOURCESFORTHEBENEFITOFCORPORATEORGANIZATIONSWHICHOWNAPROPERTYPORTFOLIO,WHILSTATTHESAMETIMESATISFYINGTHEPOWERANDNEEDSOFTHETENANTSANDOTHERSTAKEHOLDERSKEYWORDSHONGKONG,PROPERTYMANAGEMENT,RESOURCEMANAGEMENT,OUTSOURCING,STAKEHOLDERANALYSIS,ECONOMICFORCES,OPTIMALUSEOFRESOURCES,STAKEHOLDERNEEDSINTRODUCTIONINNEWPUBLICMANAGEMENT,ITISARGUEDTHATOUTSOURCINGANDMARKETCOMPETITIONAREOFTENADOPTEDTODELIVERPUBLICSERVICES,BASEDONTHEARGUMENTTHATSUCHAPPROACHCANIMPROVEPRODUCTIVEEFFICIENCYANDSERVICEQUALITYWALSH,1995INTHEPRIVATESECTOR,COSTSANDPERFORMANCEQUALITYOFTHEOUTSOURCEDSERVICESSHOULDTHEREFOREBECONSIDEREDWHATARETHEECONOMICFORCESDRIVINGTHECOSTANDQUALITYPERFORMANCEINTHEOUTSOURCINGPROCESSTHISRESEARCHAIMSTOIDENTIFYTHEECONOMICFORCESINFLUENCINGTHEPERFORMANCEOFPROPERTYMANAGEMENTSERVICESINTHEOUTSOURCINGPROCESSFORCORPORATEORGANIZATIONSWHICHOWNAPROPERTYPORTFOLIOFORBUSINESSOPERATIONSORLETTING,ANDTOINVESTIGATEHOWTHESEFORCESSHOULDBEAPPLIEDINORDERTOMAXIMIZEPRODUCTIVEEFFICIENCYANDPERFORMANCEQUALITY,ANDHENCEOPTIMALUSEOFRESOURCESFERRISANDGRADDY1991REVEALSTHAT,BASEDONANEMPIRICALANALYSISOFTHREEFREQUENTLYCONTRACTEDHEALTHSERVICES,MINIMIZATIONOFSERVICEDELIVERYCOSTSANDCHOICESETOFAVAILABLEQUALITYSUPPLIERSAREIMPORTANTTOLOCALGOVERNMENT’SDECISIONTOCONTRACTORCHOICETHESERVICEDELIVERYCOSTSCOMPRISEOFPRODUCTIONANDTRANSACTIONCOSTSWITHREGARDTOPERFORMANCEQUALITY,HARTEANDDALE1995CONDUCTEDAQUALITATIVEREVIEWONTHEQUALITYDIMENSIONSUSEDBYCLIENTSWHENSELECTINGPROFESSIONALSERVICEPROVIDERSFROMACCOUNTING,ARCHITECTURAL,ENGINEERING,MANAGEMENTCONSULTINGANDGENERALSERVICEFIRMSTHEREVIEWSHOWSTHATTHESERVICEQUALITYREQUIREDBYMOSTCLIENTSISMULTIDIMENSIONALANDITCOVERSFIVEKEYAREASTIMELINESSPROMPTSERVICE,EMPATHYUNDERSTANDINGTHECLIENT’SNEEDS,ASSURANCETECHNICALCORRECTNESSFORTHEWORK,TANGIBLESEVIDENCEFORTHEWORKPERFORMEDCORRECTLY,RELIABILITYDOINGWHATYOUSAYYOUWILLDOITISTHEAIMOFTHISSTUDYTOEXAMINEHOWTHESEPRODUCTIONANDTRANSACTIONCOSTSASWELLASPERFORMANCEQUALITYAREINFLUENCEDBYTHEECONOMICFORCESOWNERSHIPANDPERFORMANCEINTHECASEOFOUTSOURCINGOFSERVICESINTHEPUBLICSECTOR,THETHEORYOFPROPERTYRIGHTSEXPLAINSTHERELATIONSHIPBETWEENOWNERSHIPANDORGANIZATIONALPERFORMANCEBYREFERRINGTOTHEDIFFERENCEINPROFITMOTIVEBETWEENPUBLICANDPRIVATEORGANIZATIONSINPRIVATEORGANIZATIONS,THERIGHTSTOPROFITARECLEARLYDEFINEDSOTHEIRMANAGEMENTHASTHEFINANCIALINCENTIVETOACHIEVEHIGHERPRODUCTIVITYANDBETTERSERVICEQUALITYFORPUBLICSECTOR,THEPROFITMOTIVEISABSENTANDGOVERNMENTDEPARTMENTSTENDTOPURSUEGOALSSUCHASBUDGETMAXIMIZATION,RISKAVERSIONANDEMPLOYMENTALTHOUGHPROPERTYRIGHTSARGUMENTMAYBEINITIALLYATTRACTIVEANDFAVOURTHECHOICEOFPRIVATESECTOROVERPUBLICSECTORINDELIVERINGPUBLICSERVICES,ITDOESNOTGOUNCHALLENGEDPARKER1985ARGUESTHATPOLITICIANSANDBUREAUCRATSDOINDEEDPURSUEPUBLICINTEREST,ANDTHATLIKETHEIRPRIVATESECTORCOUNTERPARTS,GOVERNMENTEMPLOYEESMAYFINDSATISFACTIONINAJOBWELLDONEGIVENTHATSENIORMANAGEMENTINTHEPUBLICANDPRIVATESECTORSAREDRAWNFROMTHESAMESOCIALANDCULTURALBACKGROUNDS,ITWOULDBESURPRISINGIFTHEYDONOTHOLDSIMILARVALUESASITCANNOTBEDEFINITELYDETERMINEDONAPRIORIBASISWHETHERPRIVATEOWNERSHIPLEADSTOHIGHEREFFICIENCYANDBETTERSERVICEQUALITY,ITISNECESSARYTOTURNTOTHEEMPIRICALEVIDENCETOTESTTHEPROPERTYRIGHTSARGUMENTDOMBERGERANDPIGGOTT’S1986REVIEWOFTHELITERATUREONTHEAUSTRALIANAIRLINES’EXPERIENCESUGGESTTHATTHEPRIVATEENTERPRISEISSOMEWHATMOREEFFICIENTTHANTHEPUBLICENTERPRISE,WHILEESTRINANDPEROTIN1987,INMAKINGCROSSCOUNTRYCOMPARISONBETWEENBRITAINANDFRANCE,CONCLUDESTHATTHEFRENCHPUBLICSECTORWASMORECOSTEFFICIENTTHANTHEBRITISHPUBLICSECTOR,ANDTHATTHEREWASNODISTINGUISHABLEDIFFERENCEBETWEENTHEPERFORMANCEOFTHEFRENCHPUBLICANDPRIVATEFIRMSDONAHUE1989CONCLUDESFROMHISSTUDYOFPRIVATIZATIONINTHEUSATHATMOSTOFTHEBENEFITSFROMCONTRACTINGOUTHAVE
下載積分: 10 賞幣
上傳時間:2024-03-12
頁數(shù): 18
大?。?0.04(MB)
子文件數(shù):
-
簡介:ALENAANDREJOVSKáANDVERONIKAPULIKOVá/MONTENEGRINJOURNALOFECONOMICS,VOL14,NO12018,133141133‘‘TAXREVENUESINTHECONTEXTOFECONOMICDETERMINANTSTAXREVENUESINTHECONTEXTOFECONOMICDETERMINANTSALENAANDREJOVSKá1ANDVERONIKAPULIKOVá21ASSOCIATEPROFESSOR,PHD,DEPARTMENTOFHUMANITIES,FACULTYOFECONOMICS,TECHNICALUNIVERSITYOFKO?ICE,SLOVAKREPUBLIC,EMAILALENAANDREOVSKATUKESK2GRADUATE,FACULTYOFECONOMICS,TECHNICALUNIVERSITYOFKO?ICE,SLOVAKREPUBLIC,EMAILVERONIKAPULIKOVATUKESKARTICLEINFOABSTRACTRECEIVEDDECEMBER12,2017REVISEDFROMJANUARY21,2018ACCEPTEDFEBRUARY24,2018AVAILABLEONLINEMARCH15,2018DESPITETHEGENERALRECOGNITIONTHATTAXESAREGENERALLYASTRONGPOLICYTOOLFORASSESSINGTHEMACROECONOMICIMPACTOFTHECOUNTRYSALTERNATIVETAXPOLICIES,TAXESAREOFTENWEAKENEDBYRESTRICTIONSONTAXREVENUEMEASUREMENTTHEAIMOFTHECONTRIBUTIONISTOQUANTIFYTHEIMPACTOFSELECTEDMACROECONOMICINDICATORSGROSSDOMESTICPRODUCT,LEVELOFEMPLOYMENT,PUBLICDEBT,FOREIGNDIRECTINVESTMENTS,EFFECTIVETAXRATE,STATUTORYTAXRATEONTHETOTALAMOUNTOFTAXREVENUES,TAKINGINTOACCOUNTTHETAXCOMPETITIVENESSOFTHE28EUMEMBERSTATESTHEREWASUSEDMETHODSOFTHREEMODELSOFREGRESSIONANALYSISTHEPOOLINGMODEL,THEFIXEDEFFECTSMODELANDTHERANDOMEFFECTSMODELTHEHYPOTHESISTHATTHEGROSSDOMESTICPRODUCTHASTHEGREATESTIMPACTONTAXREVENUEHASBEENTESTEDINCONCLUSION,THEANALYSISCONFIRMEDTHATTHESTRONGESTCORRELATIONISBETWEENTAXREVENUESANDEMPLOYMENTRATEFOLLOWEDBYFOREIGNDIRECTINVESTMENTANDGROSSDOMESTICPRODUCTINCREASINGTHESEDETERMINANTSBY1MIL€INCREASEINEMPLOYMENTBY1WOULDINCREASETAXREVENUESBY10072MIL€ATTHEEMPLOYMENTRATE,BY3831THOUSAND€FORGROSSDOMESTICPRODUCTANDBY4342THOUSAND€FORFOREIGNDIRECTINVESTMENTJELCLASSIFICATIONJELCLASSIFICATIONH21,H25DOIDOI1014254/18005845/201814110KEYWORDSKEYWORDSTAXCOMPETITION,CORPORATETAXATION,TAXREVENUE,CAPITALMOBILITYINTRODUCTIONINTRODUCTIONCORPORATETAXESREPRESENTTHEDRIVINGFORCEOFTHEECONOMYWHICHMAKESINDIVIDUALCOUNTRIESMOREATTRACTIVEFORINVESTMENTITHELPSCREATINGNEWJOBSANDULTIMATELYINCREASEWELFAREINTHECOUNTRYANDBRINGSSUFFICIENTTAXREVENUESTONATIONALBUDGETSHOWEVER,ITISNOTEASYTODETERMINEITSOPTIMALLEVELLOWERTAXESATTRACTINVESTORS,BUTHIGHERTAXESBRINGHIGHERREVENUESTONATIONALBUDGETSEVENWHENHIGHTAXESARELINKEDTOTAXAVOIDANCEWHENASSESSINGCORPORATETAXESATEUROPEANUNIONLEVEL,ITHASTOBESAIDTHATDESPITETHEEXISTENCEOFFREETRADEANDTHECOMMONCURRENCY,THEREARE28DIFFERENTTAXSYSTEMSWITHDIFFERENTLEVELSOFCORPORATETAXATIONGOVERNMENTSHAVETOSERIOUSLYADDRESSTHEISSUEOFTAXHARMONIZATIONANDCOORDINATIONOFEUTAXPOLICIESTOMAINTAINECONOMICPROGRESSANDSTABILITYTHEREISACONTRADICTIONONTHEONEHAND,ITISTHEDUTYOFTHEMEMBERSTATESTOCOMPLYWITHTHELEGALNORMSANDACTSINFORCEINTHEEUONTHEOTHERMONTENEGRINJOURNALOFECONOMICSVOL14,NO12018,133141ALENAANDREJOVSKáANDVERONIKAPULIKOVá/MONTENEGRINJOURNALOFECONOMICS,VOL14,NO12018,133141135INGVARIABLEANDSONOMINALGDPTHERESULTOFTHEANALYSISISTHEFACTTHATGROWTHOFPROFITINMONITOREDTIMEWASDIRECTPROPORTIONALLYEQUALWITHTEMPOOFGDPGROWTHTHEYCONCLUDETHATTEMPOOFINCREASEOFTAXREVENUESHOULDN′TSIGNIFICANTLYOVERSTEPTHETEMPOOFGDPGROWTHTHEINFLUENCEOFGDPONREVENUEOFCORPORATETAXBYTHEMEANSOFDIFFERENTANALYSISEXAMINEDMOREAUTHORSKUBáTOVáAND?íHOVá2009,BAYER2011,BáNOCIOVáANDPAVLíKOVá2013,SIMIONESCUETAL2016,KARNITISANDKARNITIS2017THROUGHPANELREGRESSIONANALYSIS,THEPOSITIVEBILATERALRELATIONSHIPBETWEENGDPANDTAXREVENUESWASCLAIMEDTHERESEARCHRESULTSSUGGESTTHATDEMOGRAPHICCHANGEINTHEEUCOUNTRIESISAFFECTINGTAXREVENUESGOUDSWAARDANDVANDEKAR1994,ALMAMUN,ENTEBANG,MANSORANDYASSER2014,HASSELDINE1999,DEVOS2008,FELIXANDWATKINS2013TOTALTAXREVENUEWILLINCREASEWITHTHEOVERALLPOPULATIONGROWTHINMOSTCOUNTRIESACCORDINGTOGOUDSWAARDANDVANDEKAR1994,TAXREVENUESWILLINCREASEWITHPOPULATIONGROWTHANDANINCREASEOFTHERELATIVELYOLDERWORKFORCEHISFORECASTSINDICATETHATAFTER2030REVENUESWILLDECLINEASARESULTOFTHEDECLININGPOPULATIONANDTHERAPIDLYAGINGPOPULATIONKENNEDY,MCMILLENANDSIMMONS2015POINTTOTHEPOSITIVERELATIONSHIPBETWEENEMPLOYMENTGROWTHANDREVENUESFROMCORPORATETAXATTHESAMETIME,THEYPOINTOUTTHATTHEHIGHLEVELOFUNEMPLOYMENTISINANEGATIVECORRELATIONWITHTHETAXRATE,SOGOVERNMENTSHAVETOSTIMULATETHEECONOMYATATIMEOFECONOMICDOWNTURNWITHLOWERTAXRATESSCHWELLNUSSANDARNOLD2008ASSESSTHEIMPACTOFTHENEGATIVEDEPENDENCEBETWEENDOMESTICANDFOREIGNINVESTMENTANDTHECORPORATETAXRATETHISNEGATIVEDEPENDENCEWASALSOCONFIRMEDATTHEINDUSTRIALLEVELANIMPORTANTROLEWASPLAYEDBYTHESPECIFICTAXRATEFORCORPORATIONSTHEHIGHERTHECORPORATETAXRATEIS,THEMORENEGATIVEISITSIMPACTONTHEFUTUREGROWTHOFTHEINVESTMENTASIMILARVIEWISEXPRESSEDBYABBABSANDKLEMM2012,WHONOTETHATEXCESSIVETAXINCREASES,WHICHARELINKEDTOTHEINCREASEINTAXREVENUES,REDUCETHEINFLOWOFFOREIGNINVESTMENTANDVICEVERSATHELOWERRATESMEANTHEINCREASETHEINFLOWOFFOREIGNINVESTMENTTHESTATEBUDGETANDTHEPUBLICDEBTBALANCEAREOTHERMACROECONOMICINDICATORSTHATMONITORTHEGOVERNMENTSABILITYTOEFFECTIVELYMANAGESTATEBUDGETRESOURCESANDHAVEADIRECTIMPACTONTHESTATESFISCALPOLICYDRáBANDMIHóKOVá,2013IMPACTONDEBT,TAXSYSTEMS,PRIMARYEXPENDITURESANDTAXCOMPETITIONWASGIVENBYKROGSTRUP2002ASPARTOFTHEEUROPEANCENTRALBANKSTUDYHEFOCUSEDONTHECAUSALITYBETWEENTAXBURDENANDFISCALIMBALANCEOSTERLOHANDHEINEMANN2013CONCLUDEDTHATOTHERSOCIOECONOMICANDGEOGRAPHICFACTORSFORMTHESUPPORTOFTHEMINIMUMCORPORATETAXATMEMBERSTATELEVELAREALSOIMPORTANTTHESEFACTORSINCLUDEDPOLITICALAFFILIATION,INDIVIDUALCHARACTERISTICSANDEDUCATIONALLEVELASWELLASNATIONALINTERESTS1RESEARCHMETHODOLOGY1RESEARCHMETHODOLOGY11REGRESSIONANALYSIS11REGRESSIONANALYSISTHEAIMOFTHESUBMISSIONISTOMONITORTHEINFLUENCEOFMACROECONOMICDETERMINANTSONTHEAMOUNTOFTAXREVENUESCONDUCTEDANALYSISQUANTIFIEDTHEINFLUENCEOFCHOSENINDICATORSONGROSSAMOUNTOFTAXREVENUESFOR28MEMBERSTATESOFEUROPEANUNIONDATAWASSTRUCTUREDASPANELDATAFROMEUROSTATDATABASE2015ANDANALYSISWASCONDUCTEDINSTATISTICALPROGRAMSASENTERPRISEGUIDE71DAVIS2007CONSIDERINGTHESIGNIFICANTDIFFERENCESINMACROECONOMICMARKERSBETWEENTHECOUNTRIES,THEANALYSISWASCONDUCTEDSPECIFICALLYFOR5ECONOMICALLYMOSTADVANCEDCOUNTRIESGERMANY,UNITEDKINGDOM,FRANCE,ITALY,SPAINANDSPECIALLYFOR23COUNTRIESBELGIUM,DENMARK,FINLAND,GREECE,NETHERLANDS,IRELAND,LUXEMBOURG,PORTUGAL,AUSTRIAANDSWEDEN13NEWMEMBERSTATESWERE
下載積分: 10 賞幣
上傳時間:2024-03-13
頁數(shù): 9
大?。?0.28(MB)
子文件數(shù):
-
簡介:LIQUIDITYANDMARKETEFFICIENCYANALYSISOFNASDAQFIRMSDENNISYCHUNG?,KARELHRAZDILFACULTYOFBUSINESSADMINISTRATION,SIMONFRASERUNIVERSITY,BURNABY,BC,V5A1S6,CANADAARTICLEINFOABSTRACTARTICLEHISTORYRECEIVED13MAY2010ACCEPTED3JUNE2010AVAILABLEONLINE17SEPTEMBER2010WEANALYZEALLNASDAQFIRMSWITHRESPECTTOTHEIRSHORTHORIZONRETURNPREDICTABILITY,WHICHCHORDIAETAL2008FORMULATEASANINVERSEINDICATOROFMARKETEFFICIENCYOURRESULTSCONFIRMTHATINCREASEDLIQUIDITYENHANCESMARKETEFFICIENCY,ANDSHOWTHATTHISEFFECTISAMPLIFIEDDURINGPERIODSWITHNEWINFORMATIONAFTERCONTROLLINGFORLIQUIDITYANDINFORMATIONEFFECTS,WEFINDTHATNASDAQFIRMSEXPERIENCEANIMPROVEMENTINMARKETEFFICIENCYONLYFROMTHESIXTEENTHTOTHEDECIMALTICKSIZEREGIMESWEFURTHERDEMONSTRATETHATINFERENCESOFMARKETEFFICIENCYARENOTUNIFORMACROSSTHEDIFFERENTPORTFOLIOSFORMEDONTHEBASISOFTRADINGFREQUENCY,VOLUMEANDMARKETCAPITALIZATION?2010ELSEVIERINCALLRIGHTSRESERVEDJELCLASSIFICATIONG10G14KEYWORDSLIQUIDITYRETURNPREDICTABILITYMARKETEFFICIENCYNASDAQ1INTRODUCTIONCHORDIA,ROLL,ANDSUBRAHMANYAM2008,HEREAFTERREFERREDTOASCRSEXAMINEMARKETEFFICIENCYACROSSTHREETICKSIZEREGIMESANDDOCUMENTASUBSTANTIALDECLINEINSHORTHORIZONRETURNPREDICTABILITYFORASAMPLEOFNEWYORKSTOCKEXCHANGENYSECOMPANIESTHEARGUMENTISTHATTHESHORTHORIZONPREDICTABILITYOFSTOCKRETURNSFROMPASTORDERFLOWSISANINVERSEINDICATOROFMARKETEFFICIENCYANDCRSPROVIDECOMPELLINGEVIDENCETHATTHEMARKETISBECOMINGMOREEFFICIENTASTHETICKSIZEDECREASES1ONEIMPORTANTIMPLICATIONOFTHECRSSTUDYISTHATTHEIRAPPROACHPROVIDESAFEASIBLEBASISFORESTIMATINGTHEDEGREEOFINFORMATIONALEFFICIENCYINAMARKETRESEARCHUTILIZINGTHISAPPROACHINCONNECTIONWITHNYSEFIRMSISALSOBEGINNINGTOAPPEARINTHELITERATUREEG,AKTAS,DEBODT,VISALTANACHOTIFAX17787824920EMAILADDRESSESDYCHUNGSFUCADYCHUNG,KAREL_HRAZDILSFUCAKHRAZDIL1CRSANALYZEAPERIODOFTHREETICKSIZEREGIMESBETWEEN1993AND2002INWHICHTHENYSECHANGEDITSMINIMUMTICKSIZEFROM1/8TO1/16ONJUNE24,1997,ANDFURTHERTO001ONJANUARY29,200110440283/–SEEFRONTMATTER?2010ELSEVIERINCALLRIGHTSRESERVEDDOI101016/JGFJ201009004CONTENTSLISTSAVAILABLEATSCIENCEDIRECTGLOBALFINANCEJOURNALJOURNALHOMEPAGEWWWELSEVIERCOM/LOCATE/GFJEFFICIENCYLIQUIDITY,INTHISCASE,ISPOSITIVELYASSOCIATEDWITHMARKETEFFICIENCYSECOND,IFMARKETMAKERSFAILTOUTILIZETHEINFORMATIONINORDERFLOWSANDELIMINATERETURNPREDICTABILITY,THENOTHERMARKETPARTICIPANTSHAVEINCENTIVESTOGATHERNEWINFORMATIONABOUTORDERFLOWSANDTRADEONSUCHINFORMATIONWHILETHEINCREASEDADVERSESELECTIONFACEDBYMARKETMAKERSLOWERSLIQUIDITY,MARKETISMOREEFFICIENTASMOREINFORMATIONISINCORPORATEDINPRICESLIQUIDITY,INTHISCASE,ISNEGATIVELYASSOCIATEDWITHMARKETEFFICIENCYUSINGSHORTHORIZONRETURNSANDLAGGEDORDERIMBALANCEMEASURESON193NYSEFIRMSTHELARGEST500FIRMSONTHENYSEWITHDAILYTRADINGTHROUGHOUTTHESAMPLEPERIOD,CRSSHOWTHATRETURNPREDICTABILITYDROPPEDSUBSTANTIALLYANDMARKETEFFICIENCYINCREASEDOVERTHETHREETICKSIZEREGIMESOFIMPROVEDLIQUIDITY2THEPOSITIVEASSOCIATIONBETWEENLIQUIDITYANDMARKETEFFICIENCYSUPPORTSTHEIRFIRSTHYPOTHESISANDCONCLUSIONTHATHIGHERLIQUIDITYFACILITATESARBITRAGETRADINGWHICHREDUCESRETURNPREDICTABILITYANDENHANCESMARKETEFFICIENCYCRSPERFORMADDITIONALANALYSISUSINGRETURNVARIANCERATIOSANDRETURNAUTOCORRELATIONSANDPROVIDEEVIDENCESUGGESTINGTHATNEWINFORMATIONISMOREEFFECTIVELYINCORPORATEDINTOPRICESDURINGMORELIQUIDREGIMESCRSCONCLUDETHAT“INCREASESINLIQUIDITYFACILITATEEFFICIENCYVIATWODISTINCTCHANNELSFIRST,RETURNPREDICTABILITYFROMORDERFLOWSISDIMINISHEDDURINGPERIODSOFHIGHLIQUIDITYBECAUSEARBITRAGEURSAREBETTERABLETOASSISTSPECIALISTSINABSORBINGORDERFLOWSDURINGSUCHPERIODSSECOND,AREDUCTIONINTHEMINIMUMPRICECHANGEALLOWSFORTHECOLLECTIONOFMOREINFORMATIONTHAT,INTURN,INCREASESINFORMATIONALEFFICIENCYBYALLOWINGPRICESTOREFLECTMOREINFORMATIONABOUTFUNDAMENTALS”P266WITHNEWINFORMATIONINTRODUCEDTOTHEMARKET,ITISLIKELYTHATTHEDYNAMICINTHELIQUIDITYANDMARKETEFFICIENCYRELATIONWILLALSOCHANGEWEADDRESSTHISISSUEEMPIRICALLYINOURSTUDYWEIDENTIFYPERIODSOFINCREASEDADVERSESELECTIONASINDICATIONSOFNEWINFORMATIONINTHEMARKETANDPRESENTEVIDENCETHATHIGHADVERSESELECTIONINTERACTSPOSITIVELYWITHLIQUIDITYTOPRODUCESIGNIFICANTLYSTRONGERPOSITIVEEFFECTONMARKETEFFICIENCYWEFURTHERFINDTHATIMPROVEDLIQUIDITYANDNEWINFORMATIONBOTHCONTRIBUTETOENHANCEMARKETEFFICIENCY,WHICHSTRENGTHENSCONCLUSIONSBYCRSANDVALIDATESTHEUSEFULNESSOFRETURNPREDICTABILITYASANINDICATOROFMARKETEFFICIENCYFORFUTURERESEARCHDESIGNSCRSACKNOWLEDGETHEISSUEOFINFREQUENTTRADINGWHENTHEYDECIDEONTHEAPPROPRIATELENGTHOFTHEINTRADAYINTERVALOVERWHICHRETURNSANDORDERFLOWSAREMEASURED3FURTHERMORE,CRSCIRCUMVENTTHEINFREQUENTTRADINGISSUEBYEXCLUDINGMEDIUMANDSMALLSTOCKSFROMTHEIRSTUDYANDREQUIRINGALLFIRMSINTHEIRFINALSAMPLETOHAVETRADEDEVERYDAYTHROUGHOUTTHEIRSAMPLEPERIODFOROURSTUDY,WEINCLUDEALLNASDAQFIRMSANDWEEXAMINEHOWTRADINGFREQUENCYIMPACTSTHERELATIONBETWEENLIQUIDITYANDMARKETEFFICIENCYANDWHETHERORDERFLOWINFORMATIONISUSEFULINASSESSINGRETURNPREDICTABILITYWHENORDERFLOWANDTRADINGINFORMATIONISAVAILABLEFROMONEFIVEMINUTEINTERVALTOTHENEXT22INSTITUTIONALDETAILSTHEDIFFERENCESINTHEEXCHANGECHARACTERISTICS,SUCHASTRADINGRULES,TREATMENTOFLIMITORDERS,OROPENINGPRICESETTINGMECHANISMSARGUABLYPLAYAROLEINTHEEXTENTTOWHICHLIQUIDITYISRELATEDTOMARKETEFFICIENCY4FORINSTANCE,WHILEBOTHNYSEANDAMEXAREORDERDRIVENAUCTIONMARKETSWITHMONOPOLISTICANDSPECIALISTDEALERS,NASDAQISAMORECOMPETITIVE,MULTIPLEDEALERSHIPMARKETAPARTFROMTHEIROWNACCOUNTS,SPECIALISTSFACILITATETRADINGTHROUGHLIMITORDERSTHATPROVIDEALARGECOMPONENTOFLIQUIDITYONTHENYSE/AMEX,WHEREASONNASDAQ,WITHNOCENTRALLIMITORDERBOOK,DEALERSCONTINUOUSLYPOSTFIRMBIDANDASKQUOTESONANELECTRONICSCREENFURTHER,FOLLOWINGPRICERELEVANTNEWSRELEASES,LIMITPRICESONNYSECANTEMPORARILYDEVIATEFROMEQUILIBRIUMLEVELSDUETOTHE“UPTICKRULE”THATPREVENTSARBITRAGEURSFROMSHORTSELLINGTHESECURITYONAPRICEDOWNTICKORAZEROTICKFOLLOWINGADOWNTICKEGALEXANDERHOWEVER,CRSCONSIDERONLYTHE10LARGESTNASDAQCOMPANIESINTHISPARTOFTHEIRANALYSIS3CRSUSETHEFIVEMINUTEINTERVALSFORTWOREASONS“FIRST,THOUGHSHORTERINTERVALSARETECHNICALLYPOSSIBLE,NONTRADINGBECOMESANISSUESECOND,THOUGHLONGERINTERVALSAREFEASIBLE,SHORTLIVEDMARKETINEFFICIENCIESWOULDPROBABLYBELESSCONSPICUOUSOVERSUCHINTERVALS,SINCEAPREDICTIVERELATIONBETWEENORDERIMBALANCESANDFUTURERETURNSISUNLIKELYTOLASTVERYLONGFIVEMINUTESSEEMSLIKEAGOODCOMPROMISE”P2524FORATHOROUGHANALYSISOFVARIOUSINSTITUTIONALFEATURES,SEEMASULISANDSHIVAKUMAR2002264DYCHUNG,KHRAZDIL/GLOBALFINANCEJOURNAL212010262–274
下載積分: 10 賞幣
上傳時間:2024-03-13
頁數(shù): 13
大?。?0.17(MB)
子文件數(shù):
-
簡介:字?jǐn)?shù)英文字?jǐn)?shù)英文48314831單詞,單詞,2622026220字符;中文字符;中文82468246漢字漢字出處出處WATSONWATSONH,H,RODRIGUESRODRIGUESRRBRINGINGBRINGINGPRIVACYPRIVACYINTOINTOTHETHEFOLDFOLDCONSIDERATIONSCONSIDERATIONSFORFORTHETHEUSEUSEOFOFSOCIALSOCIALMEDIAMEDIAININCRISISCRISISMANAGEMENTJMANAGEMENTJJOURNALJOURNALOFOFCONTINGENCIESCONTINGENCIESANDANDCRISISCRISISMANAGEMENT,MANAGEMENT,2018,2018,26126189988998外文文獻(xiàn)外文文獻(xiàn)BRINGINGPRIVACYINTOTHEFOLDCONSIDERATIONSFORTHEUSEOFSOCIALMEDIAINCRISISMANAGEMENTABSTRACTTHISARTICLEPRESENTSFINDINGSFROMAEUROPEANPROJECTONTHECONTRIBUTIONOFSOCIALMEDIAINCRISISMANAGEMENTCOSMICWHILELIMITED,THEFINDINGSAREBASEDONDESK‐BASEDRESEARCHANDASTAKEHOLDERWORKSHOPTHEAUTHORSFINDTHEREAREANUMBEROFINHERENTPRIVACY‐RELATEDCHALLENGESTOBECONSIDERED,IFTHOSEINVOLVEDINCRISISMANAGEMENTACTIVITIESARETOOPTIMALLYUSESOCIALMEDIATHEYANALYSESOMEAPPLICABLECHALLENGESSUCHASSURVEILLANCE,UNRESTRICTEDCOLLECTIONANDPROCESSINGOFPERSONALANDSENSITIVEPERSONALINFORMATION,ANDKEYEUROPEANLEGALPROVISIONSTHATAPPLY,INCLUDINGTHEGENERALDATAPROTECTIONREGULATIONINCONCLUSION,THEAUTHORSARGUETHATIFNOTAPPROPRIATELYADDRESSED,THESECHALLENGESMAYRESULTNOTONLYINHARMSTOINDIVIDUALSANDSOCIETY,BUTALSOINALOSSOFINSTITUTIONALREPUTATIONANDTRUST1INTRODUCTIONTHEUSEOFSOCIALMEDIAINCRISISMANAGEMENTISCURRENTLYENJOYINGPOSITIVEATTENTIONFROMTHEACTORSINVOLVEDINUTILIZINGSOCIALMEDIADURINGTHERESPONSESTAGEOFACRISISEG,PUBLICAUTHORITIES,EMERGENCYMANAGERSANDHUMANITARIANORGANIZATIONS,ASWELLASBYMEMBERSOFTHEPUBLICWHO,INSOMECOUNTRIES,AREALSO2METHODOLOGYTHISARTICLEISBASEDONRESEARCHCONDUCTEDFORTHEEU‐FUNDEDCOSMICCONTRIBUTIONOFSOCIALMEDIAINCRISISMANAGEMENTPROJECTTHATENDEDINMARCH2015FORCOSMIC,ENGAGINGWITHDISCUSSIONSCONCERNINGTHEETHICALANDPRIVACYCONSIDERATIONSOFTHEUSEOFSOCIALMEDIAINCRISISMANAGEMENTWASESSENTIALINENSURINGTHEPROJECTPROMOTEDTRANSPARENTANDETHICALPRACTICESINFUTURECRISISMANAGEMENTACTIVITIESWITHINTHEPROJECT,THEFOCUSONPRIVACYANDETHICALCONSIDERATIONSEMPLOYEDDESK‐BASEDRESEARCHANDAVALIDATIONWORKSHOPTOIDENTIFYPRIVACYCHALLENGESRELATEDTOTHEUSEOFSOCIALMEDIAINCRISISMANAGEMENTDURINGTHEDESK‐BASEDRESEARCH,THEAUTHORSANALYSEDCONTENTRELATINGTOSOCIALMEDIAANDPRIVACYFROMPEER‐REVIEWEDJOURNALARTICLES,REPORTS,EVENTREPORTSANDRELEVANTLEGISLATIONTHESELECTIONOFARTICLESWASBASEDONASYSTEMATICONLINESEARCHUSINGRELATEDKEYWORDSINTHEPERIODMAY2013TOOCTOBER2014KEYWORDSINCLUDEDTHEFOLLOWING‘PRIVACYISSUESANDSOCIALMEDIA’,‘PRIVACYSOCIALMEDIACHALLENGES’,‘PRIVACY,SOCIALMEDIAANDDISASTERS’,‘SOCIALMEDIAANDLEGALCHALLENGESINDISASTERS’,‘SOCIALMEDIA,PRIVACYHARMS’AND‘LEGALGUIDANCESOCIALMEDIA’THEARTICLES’ABSTRACTAND/OREXECUTIVESUMMARYWASEXAMINEDFORRELEVANCE–ANYARTICLESTHATWEREDEEMEDIRRELEVANTWEREREMOVEDFROMTHEREVIEWLASTLY,ARTICLESWEREANALYSEDANDSUBSEQUENTMATERIALWASIDENTIFIEDTOBEINCLUDEDINTHEREVIEWTHEMATERIALWASUSEDTOCOMPLETEAREPORTDETAILINGTHEVARIOUSISSUESIDENTIFIEDINTHEREVIEWRELATINGTOPRIVACYANDTHEUSEOFSOCIALMEDIAINCRISESTHEREPORTWASINTERNALLYREVIEWEDBYOTHERPROJECTCONSORTIUMMEMBERSINADDITION,THEPRELIMINARYFINDINGSWEREDISCUSSEDWITHEMERGENCYMANAGERSANDOTHERRESEARCHERSINTHEFIELDOFCRISISMANAGEMENTDURINGAVALIDATIONWORKSHOPWHICHWASHELDINGOTHENBURG,SWEDEN,ON21MAY2014THEWORKSHOPINCLUDEDSEVERALPRESENTATIONSONCOSMICFINDINGS,INCLUDINGASHORTPRESENTATIONONPRIVACYANDETHICALIMPLICATIONSHIGHLIGHTEDINTHEREPORT,FOLLOWEDBYAQUESTIONSANDANSWERSSESSION–ALLOWINGFORDISCUSSIONTHEWORKSHOPHAD32PARTICIPANTSRECRUITEDVIATHEPROJECTWEBSITE,SOCIALMEDIAANDDISSEMINATIONAVENUESVIATHEWORKSHOPORGANIZERNINEREPRESENTATIVES
下載積分: 10 賞幣
上傳時間:2024-03-15
頁數(shù): 28
大?。?0.04(MB)
子文件數(shù):
-
簡介:字?jǐn)?shù)英文字?jǐn)?shù)英文48314831單詞,單詞,2622026220字符;中文字符;中文82468246漢字漢字出處出處WATSONWATSONH,H,RODRIGUESRODRIGUESRRBRINGINGBRINGINGPRIVACYPRIVACYINTOINTOTHETHEFOLDFOLDCONSIDERATIONSCONSIDERATIONSFORFORTHETHEUSEUSEOFOFSOCIALSOCIALMEDIAMEDIAININCRISISCRISISMANAGEMENTJMANAGEMENTJJOURNALJOURNALOFOFCONTINGENCIESCONTINGENCIESANDANDCRISISCRISISMANAGEMENT,MANAGEMENT,2018,2018,26126189988998外文文獻(xiàn)外文文獻(xiàn)BRINGINGPRIVACYINTOTHEFOLDCONSIDERATIONSFORTHEUSEOFSOCIALMEDIAINCRISISMANAGEMENTABSTRACTTHISARTICLEPRESENTSFINDINGSFROMAEUROPEANPROJECTONTHECONTRIBUTIONOFSOCIALMEDIAINCRISISMANAGEMENTCOSMICWHILELIMITED,THEFINDINGSAREBASEDONDESK‐BASEDRESEARCHANDASTAKEHOLDERWORKSHOPTHEAUTHORSFINDTHEREAREANUMBEROFINHERENTPRIVACY‐RELATEDCHALLENGESTOBECONSIDERED,IFTHOSEINVOLVEDINCRISISMANAGEMENTACTIVITIESARETOOPTIMALLYUSESOCIALMEDIATHEYANALYSESOMEAPPLICABLECHALLENGESSUCHASSURVEILLANCE,UNRESTRICTEDCOLLECTIONANDPROCESSINGOFPERSONALANDSENSITIVEPERSONALINFORMATION,ANDKEYEUROPEANLEGALPROVISIONSTHATAPPLY,INCLUDINGTHEGENERALDATAPROTECTIONREGULATIONINCONCLUSION,THEAUTHORSARGUETHATIFNOTAPPROPRIATELYADDRESSED,THESECHALLENGESMAYRESULTNOTONLYINHARMSTOINDIVIDUALSANDSOCIETY,BUTALSOINALOSSOFINSTITUTIONALREPUTATIONANDTRUST1INTRODUCTIONTHEUSEOFSOCIALMEDIAINCRISISMANAGEMENTISCURRENTLYENJOYINGPOSITIVEATTENTIONFROMTHEACTORSINVOLVEDINUTILIZINGSOCIALMEDIADURINGTHERESPONSESTAGEOFACRISISEG,PUBLICAUTHORITIES,EMERGENCYMANAGERSANDHUMANITARIANORGANIZATIONS,ASWELLASBYMEMBERSOFTHEPUBLICWHO,INSOMECOUNTRIES,AREALSO2METHODOLOGYTHISARTICLEISBASEDONRESEARCHCONDUCTEDFORTHEEU‐FUNDEDCOSMICCONTRIBUTIONOFSOCIALMEDIAINCRISISMANAGEMENTPROJECTTHATENDEDINMARCH2015FORCOSMIC,ENGAGINGWITHDISCUSSIONSCONCERNINGTHEETHICALANDPRIVACYCONSIDERATIONSOFTHEUSEOFSOCIALMEDIAINCRISISMANAGEMENTWASESSENTIALINENSURINGTHEPROJECTPROMOTEDTRANSPARENTANDETHICALPRACTICESINFUTURECRISISMANAGEMENTACTIVITIESWITHINTHEPROJECT,THEFOCUSONPRIVACYANDETHICALCONSIDERATIONSEMPLOYEDDESK‐BASEDRESEARCHANDAVALIDATIONWORKSHOPTOIDENTIFYPRIVACYCHALLENGESRELATEDTOTHEUSEOFSOCIALMEDIAINCRISISMANAGEMENTDURINGTHEDESK‐BASEDRESEARCH,THEAUTHORSANALYSEDCONTENTRELATINGTOSOCIALMEDIAANDPRIVACYFROMPEER‐REVIEWEDJOURNALARTICLES,REPORTS,EVENTREPORTSANDRELEVANTLEGISLATIONTHESELECTIONOFARTICLESWASBASEDONASYSTEMATICONLINESEARCHUSINGRELATEDKEYWORDSINTHEPERIODMAY2013TOOCTOBER2014KEYWORDSINCLUDEDTHEFOLLOWING‘PRIVACYISSUESANDSOCIALMEDIA’,‘PRIVACYSOCIALMEDIACHALLENGES’,‘PRIVACY,SOCIALMEDIAANDDISASTERS’,‘SOCIALMEDIAANDLEGALCHALLENGESINDISASTERS’,‘SOCIALMEDIA,PRIVACYHARMS’AND‘LEGALGUIDANCESOCIALMEDIA’THEARTICLES’ABSTRACTAND/OREXECUTIVESUMMARYWASEXAMINEDFORRELEVANCE–ANYARTICLESTHATWEREDEEMEDIRRELEVANTWEREREMOVEDFROMTHEREVIEWLASTLY,ARTICLESWEREANALYSEDANDSUBSEQUENTMATERIALWASIDENTIFIEDTOBEINCLUDEDINTHEREVIEWTHEMATERIALWASUSEDTOCOMPLETEAREPORTDETAILINGTHEVARIOUSISSUESIDENTIFIEDINTHEREVIEWRELATINGTOPRIVACYANDTHEUSEOFSOCIALMEDIAINCRISESTHEREPORTWASINTERNALLYREVIEWEDBYOTHERPROJECTCONSORTIUMMEMBERSINADDITION,THEPRELIMINARYFINDINGSWEREDISCUSSEDWITHEMERGENCYMANAGERSANDOTHERRESEARCHERSINTHEFIELDOFCRISISMANAGEMENTDURINGAVALIDATIONWORKSHOPWHICHWASHELDINGOTHENBURG,SWEDEN,ON21MAY2014THEWORKSHOPINCLUDEDSEVERALPRESENTATIONSONCOSMICFINDINGS,INCLUDINGASHORTPRESENTATIONONPRIVACYANDETHICALIMPLICATIONSHIGHLIGHTEDINTHEREPORT,FOLLOWEDBYAQUESTIONSANDANSWERSSESSION–ALLOWINGFORDISCUSSIONTHEWORKSHOPHAD32PARTICIPANTSRECRUITEDVIATHEPROJECTWEBSITE,SOCIALMEDIAANDDISSEMINATIONAVENUESVIATHEWORKSHOPORGANIZERNINEREPRESENTATIVES
下載積分: 10 賞幣
上傳時間:2024-03-16
頁數(shù): 28
大?。?0.04(MB)
子文件數(shù):
-
簡介:PROPERTYMANAGEMENTECONOMICPERSPECTIVEONOUTSOURCINGOFPROPERTYMANAGEMENTSERVICESTERENCEYMLAMARTICLEINFORMATIONTOCITETHISDOCUMENTTERENCEYMLAM,2012,“ECONOMICPERSPECTIVEONOUTSOURCINGOFPROPERTYMANAGEMENTSERVICES“,PROPERTYMANAGEMENT,VOL30ISS4PP318332PERMANENTLINKTOTHISDOCUMENTHTTP//DXDOIORG/101108/02637471211249470DOWNLOADEDON30JUNE2016,AT1118PTREFERENCESTHISDOCUMENTCONTAINSREFERENCESTO54OTHERDOCUMENTSTOCOPYTHISDOCUMENTPERMISSIONSEMERALDINSIGHTCOMTHEFULLTEXTOFTHISDOCUMENTHASBEENDOWNLOADED1059TIMESSINCE2012USERSWHODOWNLOADEDTHISARTICLEALSODOWNLOADED2014,“THEVALUEOFPROPERTYMANAGEMENTSERVICESANEXPERIMENT“,PROPERTYMANAGEMENT,VOL32ISS3PP213223HTTP//DXDOIORG/101108/PM06201300352013,“STRATEGIESINREALESTATEMANAGEMENTTWOSTRATEGICPATHWAYS“,PROPERTYMANAGEMENT,VOL31ISS4PP311325HTTP//DXDOIORG/101108/PM10201200341994,“PROPERTYMANAGEMENTINHONGKONGANOVERVIEW“,PROPERTYMANAGEMENT,VOL12ISS4PP1823HTTP//DXDOIORG/101108/02637479410071027ACCESSTOTHISDOCUMENTWASGRANTEDTHROUGHANEMERALDSUBSCRIPTIONPROVIDEDBYEMERALDSRM414921FORAUTHORSIFYOUWOULDLIKETOWRITEFORTHIS,ORANYOTHEREMERALDPUBLICATION,THENPLEASEUSEOUREMERALDFORAUTHORSSERVICEINFORMATIONABOUTHOWTOCHOOSEWHICHPUBLICATIONTOWRITEFORANDSUBMISSIONGUIDELINESAREAVAILABLEFORALLPLEASEVISITWWWEMERALDINSIGHTCOM/AUTHORSFORMOREINFORMATIONABOUTEMERALDWWWEMERALDINSIGHTCOMEMERALDISAGLOBALPUBLISHERLINKINGRESEARCHANDPRACTICETOTHEBENEFITOFSOCIETYTHECOMPANYMANAGESAPORTFOLIOOFMORETHAN290JOURNALSANDOVER2,350BOOKSANDBOOKSERIESVOLUMES,ASWELLASPROVIDINGANEXTENSIVERANGEOFONLINEPRODUCTSANDADDITIONALCUSTOMERRESOURCESANDSERVICESDOWNLOADEDBYFLORIDASTATEUNIVERSITYAT111830JUNE2016PTECONOMICPERSPECTIVEONOUTSOURCINGOFPROPERTYMANAGEMENTSERVICESTERENCEYMLAMDEPARTMENTOFTHEBUILTENVIRONMENT,ANGLIARUSKINUNIVERSITY,CHELMSFORD,UKABSTRACTPURPOSE–THEPURPOSEOFTHISPAPERISTOIDENTIFYTHEECONOMICFORCESINFLUENCINGTHEOUTSOURCINGPROCESSOFPROPERTYMANAGEMENTSERVICES,ANDINVESTIGATEHOWTHESEFORCESSHOULDBEAPPLIEDINORDERTOMAXIMIZETHEPRODUCTIVEEFFICIENCYANDPERFORMANCEQUALITY,THUSENSURINGOPTIMALUSEOFRESOURCESDESIGN/METHODOLOGY/APPROACH–MARKETCOMPETITIONANDTRANSACTIONMONITORINGWEREIDENTIFIEDTOBETHEFUNDAMENTALFACTORSSINGLECASESTUDYMETHODWASUSEDTOQUANTITATIVELYEXAMINETHEIMPACTOFTHESEECONOMICFORCESONTHEOUTSOURCINGOFPROPERTYMANAGEMENTSERVICESOFTHEHONGKONGHOUSINGAUTHORITYFINDINGS–THEPROPERTYSERVICESMARKETWASCONTESTABLE,ANDTHROUGHCOMPETITIVETENDERINGTHELEVELOFCOMPETITIONHADASIGNIFICANTNEGATIVEIMPACTONPRODUCTIONCOSTANDASIGNIFICANTPOSITIVERELATIONSHIPWITHSERVICEQUALITYFEELEVELWASALSOFOUNDTOHAVENOSIGNIFICANTEFFECTONSERVICEQUALITYPROFESSIONALMAINTENANCESERVICESWEREFOUNDTOBECOMPLEXANDASSOCIATEDWITHSIGNIFICANTTRANSACTIONCOSTS,ESPECIALLYWHERETHEREWASAHIGHDEGREEOFCONTACTWITHTENANTSRESEARCHLIMITATIONS/IMPLICATIONS–THEOUTSOURCINGSTRATEGYFORMSACONCEPTUALBASELINEONWHICHFURTHERRESEARCHCANBUILDTOTESTITSSIGNIFICANCEINMANYOTHERSETTINGS,THUSRESULTINGINAMOREROBUSTECONOMICTHEORYFOROUTSOURCINGOFPROPERTYMANAGEMENTSERVICESPRACTICALIMPLICATIONS–COMPETITIVETENDERINGSHOULDBEADOPTEDFOROUTSOURCINGTOMINIMIZEPRODUCTIONCOSTANDMAXIMIZESERVICEQUALITYTHEOVERALLTRANSACTIONCOSTSSHOULDBEMINIMIZEDBYFOCUSINGTHELIMITEDRESOURCESONMONITORINGOFTHECOMPLEXPROFESSIONALMAINTENANCESERVICES,ESPECIALLYTHESERVICESFORMAJORPLANNEDMAINTENANCEWORKSWHERETHEREAREMANYOCCUPIERSINVOLVEDORIGINALITY/VALUE–THECONFIRMATORYTESTSINDICATETHATTHESTRATEGICOBJECTIVESOFCOSTANDQUALITYIMPROVEMENTFROMOUTSOURCING,ASEXPECTEDBYTHESTAKEHOLDERS,CANBEACHIEVEDHENCETHERESEARCHCONTRIBUTESTOTHEPROPERTYMANAGEMENTPRACTICEBYDEVELOPINGANECONOMICSTRATEGYWHICHOPTIMIZESTHEUSEOFRESOURCESFORTHEBENEFITOFCORPORATEORGANIZATIONSWHICHOWNAPROPERTYPORTFOLIO,WHILSTATTHESAMETIMESATISFYINGTHEPOWERANDNEEDSOFTHETENANTSANDOTHERSTAKEHOLDERSKEYWORDSHONGKONG,PROPERTYMANAGEMENT,RESOURCEMANAGEMENT,OUTSOURCING,STAKEHOLDERANALYSIS,ECONOMICFORCES,OPTIMALUSEOFRESOURCES,STAKEHOLDERNEEDSPAPERTYPERESEARCHPAPERINTRODUCTIONINNEWPUBLICMANAGEMENT,ITISARGUEDTHATOUTSOURCINGANDMARKETCOMPETITIONAREOFTENADOPTEDTODELIVERPUBLICSERVICES,BASEDONTHEARGUMENTTHATSUCHAPPROACHCANIMPROVEPRODUCTIVEEFFICIENCYANDSERVICEQUALITYWALSH,1995INTHEPRIVATESECTOR,OUTSOURCINGOFSERVICESHASPROLIFERATEDTHROUGHVARIOUSINDUSTRIESANDPROPERTYSERVICESARECOMMONLYCONTRACTEDOUTFIELDFISHERWATERHOUSEANDREMITCONSULTING,2004THEINTERNATIONALFACILITIESMANAGEMENTASSOCIATIONIFMA,2006CONDUCTEDAQUESTIONNAIRESURVEYONOUTSOURCINGOFFACILITIESANDPROPERTYSERVICESTOITSNORTHAMERICAMEMBERSANDCONFIRMEDTHATTHEPERCENTAGEOFFIRMSOUTSOURCINGONEORMORESERVICESWAS77PERCENTIN2006INTHEUK,OUTSOURCINGOFPUBLICSERVICESHASBECOMETHECURRENTISSUEANDFULLTEXTARCHIVEOFTHISJOURNALISAVAILABLEATWWWEMERALDINSIGHTCOM/02637472HTMRECEIVED7OCTOBER2011REVISED30DECEMBER2011ACCEPTED19JANUARY2012PROPERTYMANAGEMENTVOL30NO4,2012PP318332REMERALDGROUPPUBLISHINGLIMITED02637472DOI101108/02637471211249470318PM30,4DOWNLOADEDBYFLORIDASTATEUNIVERSITYAT111830JUNE2016PT
下載積分: 10 賞幣
上傳時間:2024-03-13
頁數(shù): 17
大?。?0.17(MB)
子文件數(shù):
-
簡介:字?jǐn)?shù)英文字?jǐn)?shù)英文28002800單詞,單詞,1416114161字符;中文字符;中文47674767漢字漢字出處出處HLASNAHLASNAP,P,KLKLíMOVMOVáB,B,POULOVAPOULOVAPPUSEUSEOFOFINFORMATIONINFORMATIONANDANDCOMMUNICATIONCOMMUNICATIONTECHNOLOGIESTECHNOLOGIESININPRIMARYPRIMARYEDUCATIONEDUCATION–ACASECASESTUDYSTUDYOFOFTHETHECZECHCZECHREPUBLICJREPUBLICJINTERNATIONALINTERNATIONALELECTRONICELECTRONICJOURNALJOURNALOFOFELEMENTARYELEMENTARYEDUCATION,EDUCATION,2017,2017,9393681692681692外文文獻(xiàn)外文文獻(xiàn)USEOFINFORMATIONANDCOMMUNICATIONTECHNOLOGIESINPRIMARYEDUCATION–ACASESTUDYOFTHECZECHREPUBLICABSTRACTTHEAIMOFTHISRESEARCHSTUDYISTOEXPLORETHEUSEOFINFORMATIONANDCOMMUNICATIONTECHNOLOGIESICTINCLASSESATTHEFIRSTSTAGEOFPRIMARYSCHOOLS,SPECIFICALLYINTHECZECHREPUBLICFIRSTLY,THEAUTHORSDISCUSSTHECURRENTSTATEOFTHISRESEARCHISSUE,ANDSECONDLY,THEYDESCRIBETHEIROWNRESEARCHWHICHSHOULDCLARIFYHOW,WHYANDHOWOFTENTHETEACHERSATTHEFIRSTSTAGEOFPRIMARYSCHOOLSUSEICTINTHEIRTEACHINGTHEFINDINGSINDICATETHATALTHOUGHMORETHAN50OFTHETEACHERSATPRIMARYSCHOOLSUSEICTINTHEIRTEACHINGONADAILYBASIS,THEYNEEDFURTHERCONTINUOUSMETHODOLOGICALTRAININGWHICHWOULDCONTRIBUTETOTHEIREFFECTIVEUSEOFICTINCLASSROOMSTHERESULTSALSOSHOWEDTHATTHETEACHERSWHOHADPARTICIPATEDINAMETHODOLOGICALCOURSEONICTUSEAPPEAREDTOIMPLEMENTICTINTHEIRCLASSESMORETHANTHOSEWHOHADNOTATTENDEDSUCHTRAININGINADDITION,THERESULTSREVEALEDTHATTHEUSEOFICTWASNOTINFLUENCEDBYTHELENGTHOFTHETEACHINGPRACTICEANDTHATTHEUSEOFICTSTILLDIDNOTHAVEANYIMPACTONTHERELATIONSHIPBETWEENTHETEACHERANDHIS/HERPUPILSANDAMONGPUPILSTHEMSELVESNEVERTHELESS,THERESULTSSUGGESTTHATTHERESHOULDBEAMPLEANDCONTINUOUSTRAININGSWHICHWOULDENSURETHATTEACHERSHAVERELEVANTCOMPETENCESFORUSINGICTINTHEIRCLASSROOMSKEYWORDSEDUCATION,TEACHERS,ICT,PRIMARYSCHOOLS,CASESTUDYTHEIMPORTANCE,EFFICACYANDUSEFULNESSOFICTINPRIMARYEDUCATIONHAVEBEENALSOREFLECTEDINMANYCROSSNATIONALANDNATIONALCOMPARATIVERESEARCHSTUDIESSUCHASCOMPUTERSINEDUCATIONCOMPED,19891992,SECONDINFORMATIONTECHNOLOGYINEDUCATIONSTUDYSITES,2006,ORSTUDYOFTHEIMPACTOFTECHNOLOGYINPRIMARYSCHOOLSTEPS,2007THELATESTINTERNATIONALRESEARCHSTUDYCONDUCTEDINTHEAREAOFPRIMARYEDUCATIONWASINTERNATIONALCOMPUTERANDINFORMATIONLITERACYSTUDYICIL,2013INTHECZECHREPUBLIC,THEMOSTSIGNIFICANTPROJECTINTHISFIELDWASTHEPROJECTONINFORMATIONANDCOMMUNICATIONTECHNOLOGIESINEVERYDAYTEACHER’SWORKZOUNEKTEACHERSUSEDICTINATRADITIONALWAY,IE,FORTESTINGANDEXPLANATIONOFTHESTUDYMATERIALRELATIONSHIPBETWEENPUPILSANDTEACHERSSTILLREMAINTRADITIONALINTHENEWTECHNOLOGICALENVIRONMENTTEACHERSINCORPORATEICTINTOTHEIRTEACHINGDUETOTHEIRPOPULARITYAMONGPUPILS,NOTFORTHEDIDACTICPURPOSETEACHERSADMITNOTHAVINGRELEVANTICTSKILLSANDANOVERVIEWOFMATERIALSANDAPPLICATIONSUSEDINTHETEACHINGENHANCEDBYICTRESEARCHKIPER2012
下載積分: 10 賞幣
上傳時間:2024-03-15
頁數(shù): 20
大?。?0.07(MB)
子文件數(shù):
-
簡介:2450英文單詞,英文單詞,14萬英文字符,中文萬英文字符,中文4300字文獻(xiàn)出處文獻(xiàn)出處GANGADHARBATLAH,DAUGHERTYTADVERTISINGVERSUSPRODUCTPLACEMENTSHOWCONSUMERSASSESSTHEVALUEOFEACHJJOURNALOFCURRENTISSUESGUPTAANDLORD1998KARRH1998MORTONANDFRIEDMAN2002RUSSELL2002RUSSELL,STERN,ANDSTERN2006YANGANDROSKOSEWOLDSEN2007WHILEINVESTIGATINGTHEEFFECTIVENESSOFPRODUCTPLACEMENTSUSINGCOGNITIVEANDAFFECTIVEMEASURESISVITAL,UNDERSTANDINGWHATCONSUMERSTHINKABOUTPRODUCTPLACEMENTSISALSOVERYIMPORTANTAFTERALL,ITISTHECONSUMERSTHATAREULTIMATELYBEINGEXPOSEDTOTHESENONTRADITIONALPROMOTIONALSTRATEGIESSURPRISINGLY,THEREEXISTSABIGGAPINTHELITERATUREINTERMSOFOURUNDERSTANDINGOFHOWCONSUMERSPERCEIVETHISPROMOTIONALSTRATEGYINCOMPARISONTOADVERTISINGASSESSINGTHEVALUEOFPROMOTIONALSTRATEGIESFROMACONSUMERPERSPECTIVEISNOTANEWRESEARCHDIRECTIONDUCOFFE1995,1996PROPOSEDAMODELFORHOWCONSUMERSASSESSTHEVALUEOFADVERTISING,WHICHRESEARCHERSHAVERELIEDONWHENESTIMATINGTHEVALUEOFNEWANDINTERACTIVEFORMATSOFADVERTISINGDHOLAKIAANDREGO1998JOINES,SCHERER,ANDSCHEUFELE2003HOWEVER,THEREARENOSTUDIESTHATASSESSTHEVALUEOFPRODUCTPLACEMENTSFROMCONSUMERS’PERSPECTIVEUSINGDUCOFFE’S1995MODELTHEPURPOSEOFTHISPAPERISTWOFOLDONE,TOREEXAMINEANDREPLICATEMEDIACENTRICEXPOSURESAIMEDATCONSUMERSGUPTAETAL2000FURTHER,DELORMEANDREID’S1999RESEARCHONPRODUCTPLACEMENTEFFECTIVENESSSUGGESTSTHATPLACEMENTISINFLUENCEDBYAMULTITUDEOFVARIABLESINCLUDINGINDIVIDUALDIFFERENCES,AUDIENCEPERCEPTIONS,ANDEVENTHEAWARENESSOFBRAND’STRADITIONALADVERTISINGDELORMEANDREID1999WHILETHEBODYOFWORKSURROUNDINGPRODUCTPLACEMENTCONTINUESTOEXPAND,ASIGNIFICANTAMOUNTOFTHISRESEARCHREMAINSCENTEREDONOUTCOMESASSOCIATEDWITHSHORTTERMCORPORATEPERFORMANCEMCCARTY2004THISFOCUSISNATURAL,OFCOURSEHOWEVER,SOMERESEARCHERSCONTENDTHATOPPORTUNITIESFORTHEEXTENSIONOFPREVIOUSWORKFROMRELATEDAREASANDFORMORECROSSCOMPARISONINADVERTISING,ASWELLASWITHOTHERFORMSOFMARKETINGCOMMUNICATION,EXISTBALASUBRAMANIAN,KARRH,ANDPATWARDHAN2006PERHAPSTHENTHEFIRSTSTEPINUNDERSTANDINGPRODUCTPLACEMENTEFFECTIVENESSISNOTINMEASURINGEXECUTIONOUTCOMESBUTRATHERSHOULDBEONUNDERSTANDINGTHEVALUECONSUMERSPLACEONTHISSTRATEGYVALUEMODELTHENOTIONOF“VALUE”INTHEAREAOFMARKETINGISBASEDONTHEBELIEFTHATSOMETHINGOFWORTHCANBEEXCHANGEDBETWEENPARTIESHOUSTONANDGASSENHEIMER1987WITHINTHEAREAOFPROMOTION,COMMUNICATIONMESSAGESAREPERCEIVEDASVALUABLEEXCHANGESINVOLVINGACOMPANYANDCONSUMERDESIGNEDTOSATISFYNEEDSOFBOTHPARTIESDUCOFFE1996CONSIDERINGTHEMAJORITYOFCOMMUNICATIONMESSAGESRECEIVEDBYCONSUMERSOCCURVIAADVERTISING,COMMUNICATIONTHEORISTSHAVELONGCITEDADVERTISINGASAVALUABLESUPPLIEROFINFORMATIONBASEDONTHEBELIEFTHATPEOPLECONSUMEMEDIATOSATISFYNEEDSANDGRATIFICATIONSFORINFORMATION,ENTERTAINMENTANDPARASOCIALINTERACTIONPALMGREENANDRAYBURN1979RUBIN1981CONWAYANDRUBIN1991FERGUSONANDPERSE2000THEREFORE,THEVALUEOFADVERTISINGIS“ASUBJECTIVEEVALUATIONOFTHERELATIVEWORTHORUTILITYOFADVERTISINGTOCONSUMERS”DUCOFFE1995,1DUCOFFE1995FIRSTPOSITEDTHATMEASURINGTHEVALUECONSUMERSPLACEONADVERTISINGISBENEFICIALTOGAUGESPENDINGONSHORTTERMPROMOTIONSTRATEGIES,TOBETTERUNDERSTANDASWELLASSATISFYCONSUMERNEEDS,TOMONITORETHICALCONCERNSASSOCIATEDWITHADVERTISING,ANDTOFURTHERDEVELOPOURUNDERSTANDINGOFWHYANDHOWCONSUMERSFORMATTITUDESTOWARDADVERTISINGCERTAINLYTHESAMEBENEFITSCOULDALSOAPPLYFORUNDERSTANDINGHOWCONSUMERSVALUEPRODUCTPLACEMENTTHROUGHASERIESOFSTUDIES,DUCOFFE1995,1996DEVELOPEDAMODELBASEDONTHREEANTECEDENTSOFPERCEIVEDVALUEINFORMATIVENESS,ENTERTAINMENT,ANDIRRITATIONINFORMATIVENESSTHEFIRSTANDFOREMOSTVALUEOFADVERTISINGAPPEARSTOBEITSINFORMATIVEASPECT,ASADVERTISINGISOFTENDESIGNEDTOPROVIDERELEVANTPRODUCTINFORMATIONINATIMELYMANNERINFACT,MANYBELIEVETHISREMAINSTHEPRIMARYPURPOSEOFADVERTISINGBLOOMANDKRIPS1982DUCOFFE1995,1996OBSERVEDASTRONGPOSITIVERELATIONSHIPBETWEENTHEOVERALLVALUEOFADVERTISINGANDHOWINFORMATIVECONSUMERSPERCEIVEANADVERTISINGMESSAGETOBETHISMEANSTHATTHEMOREINFORMATIVEACONSUMERFEELSADVERTISINGIS,THEGREATERISTHEPERCEIVEDVALUEADVERTISINGWILLHOLDINTHATCONSUMER’SMINDUNTILRECENTLY,THEROLEOFPRODUCTPLACEMENTWASNOTTHOUGHTTOSERVEASTRONGINFORMATIVENESSFUNCTIONKARRH,MCKEE,ANDPARDUN2003RATHER,PRODUCTPLACEMENTSIMPLYALLOWEDAPRODUCTTOBEVIEWEDWITHINACONTEXTTHATWOULDREFLECTFAVORABLYUPONTHEBRANDANDRARELYALLOWFORTHEOPPORTUNITYTOEXPLAINABRANDPROPOSITIONORPRODUCTFEATURESHOWEVER,ASARESULTOFTHEAFOREMENTIONEDMEDIACHANGESANDWIDESPREADACCEPTANCEOFTHISTACTIC,MEDIAPROGRAMMINGEG,REALITYTELEVISIONHASCREATEDANENVIRONMENTFORPRODUCTPLACEMENTTHAT
下載積分: 10 賞幣
上傳時間:2024-03-16
頁數(shù): 11
大?。?0.1(MB)
子文件數(shù):
-
簡介:字?jǐn)?shù)英文字?jǐn)?shù)英文32383238單詞,單詞,1826018260字符;中文字符;中文58725872漢字漢字出處出處RENAULTRENAULTBY,Y,AGUMBAAGUMBAJN,N,BALOGUNBALOGUNOAADRIVERSDRIVERSFORFORANDANDOBSTACLESOBSTACLESTOTOENTERPRISEENTERPRISERISKRISKMANAGEMENTMANAGEMENTININCONSTRUCTIONCONSTRUCTIONFIRMSFIRMSALITERATURELITERATUREREVIEWJREVIEWJPROCEDIAPROCEDIAENGINEERING,ENGINEERING,2016,2016,164164402408402408外文文獻(xiàn)外文文獻(xiàn)DRIVERSFORANDOBSTACLESTOENTERPRISERISKMANAGEMENTINCONSTRUCTIONFIRMSALITERATUREREVIEWABSTRACTREGARDLESSOFTHEINCREASEDNUMBEROFSTUDIESONRISKMANAGEMENTRMINVARIOUSFIRMS,LIMITEDSTUDIESHAVESTRIVEDTOREVEALTHECOMPONENTSDRIVINGANDOBSTRUCTINGENTERPRISERISKMANAGEMENTERMIMPLEMENTATIONINCONSTRUCTIONFIRMSTHESEFIRMSARECONSTANTLYEXPOSEDTOBUSINESSRISKS,THUSREQUIRINGANINTEGRATED,FOCUSEDRMAPPROACHTOMANAGINGRISKSONANENTERPRISEBASISDEFINEDASERMHENCE,THISSTUDYAIMSTOINVESTIGATETHEDRIVERSFORANDOBSTACLESTOERMIMPLEMENTATIONINCONSTRUCTIONFIRMSTHEWORKMETHODOLOGYINCLUDEDALITERATURESEARCHRELATINGTOERMTHEREVIEWSPANNEDADECADEANDLUSTRUMBETWEENJANUARY2000ANDDECEMBER2015ANDWASBASEDONACOMBINATIONKEYWORDSEARCHINTHREEDATABASESNAMELYSCIENCEDIRECT,TAYLORANDFRANCISONLINE,ANDEMERALDFIFTEENDRIVERSANDTHIRTYFOUROBSTACLESWEREIDENTIFIEDTHESTUDYREVEALEDTHATPROPERERMREQUIRESTHEBOARDANDSENIORMANAGEMENTTOENSURETHATALLPOTENTIALTHREATSTOERMARETAKENINTOACCOUNTTHEYSHOULDALSOCHECKTHEEFFICIENCYOFTHEMEASURESADOPTEDATTHEENTERPRISELEVEL,DOCUMENTONTHEOUTCOMESANDREVIEWTHEASSESSMENTREGULARLYTOKEEPITUPDATEDCONSTRUCTIONFIRMSCANUSETHEDRIVERSANDOBSTACLESREVEALEDINTHISTREATISETOPREPARETHEIRCUSTOMIZEDLISTOFDRIVERSANDOBSTACLESTHISSTUDYCONTRIBUTESTOGLOBALKNOWLEDGERELATINGTOERMANDALLOWSMANAGEMENTTOOVERCOMETHECHALLENGESPOSEDBYTHESIGNIFICANTOBSTACLESBYBEASLEYETAL,ITWASFOUNDTHAT46PERCENTOFTHEGLOBALRESPONDENTSHADAFORMALERMPROCESSWHILEONLY11PERCENTOFAMERICANRESPONDENTSPOSSESSEDACOMPLETEERMPROCESSSIMILARLY,ZHAOETALSTUDIESSHOWEDTHATNONEOFTHECHINESECONSTRUCTIONFIRMSHADHIGHLEVELERMIMPLEMENTATION,HENCEMAKINGITESSENTIALTOINVESTIGATETHEOBSTACLESCONFRONTEDBYTHESEFIRMSTHEREFORE,THISSTUDYAIMSTOIDENTITYVIAADESKTOPLITERATUREREVIEWDRIVERSANDOBSTACLESTOERMIMPLEMENTATIONANUNDERSTANDINGOFTHEDRIVERSFORERMIMPLEMENTATIONENABLESTHEMANAGEMENTTOACQUIRENECESSARYSUPPORTFORTHEERMPROGRAMANDREINFORCETHEPOSITIVEINFLUENCEOFTHEDRIVERSTHEIDENTIFICATIONOFTHEOBSTACLESENABLESTHEMANAGEMENTTOBECLEARABOUTTHECHALLENGESENCOUNTEREDBYTHEERMPROGRAMANDTAKECORRECTIVEACTIONSTOREDUCETHEIRUNDESIRABLEEFFECTANDOVERWHELMTHEMFURTHERMORE,THEDRIVERSANDOBSTACLESREVEALEDINTHISTREATISECANBEUSEDASABASEFORFUTURERESEARCHRELATINGTOERMINCONSTRUCTIONFIRMSHENCE,THISSTUDYSIGNIFICANTLYCONTRIBUTESTOGLOBALKNOWLEDGERELATINGTOERMANDALLOWSTHEMANAGEMENTTOOVERCOMETHECHALLENGESPOSEDBYTHESIGNIFICANTOBSTACLESTHEFOLLOWINGDISCUSSESTHEDRIVERSFORERMANDOBSTACLESAFFECTINGTHEADOPTIONORIMPLEMENTATIONOFERMIDENTIFIEDBYLITERATURESOMEADVOCATEDSOLUTIONSTOTHEOBSTACLESOFERMIMPLEMENTATIONAREALSOSUGGESTEDFOLLOWEDBYMETHODOLOGICALAPPROACHADOPTEDANDDISCUSSIONSOFTHEFINDINGSANDIMPLICATIONSOFTHESTUDYTHEFINALSECTIONCONCLUDESTHESTUDY2LITERATUREREVIEWSOMESTUDIESHAVEREPORTEDTHEDRIVERSFORANDOBSTACLESAFFECTINGTHEADOPTIONANDIMPLEMENTATIONOFERMINSEVERALINDUSTRIES,INCLUDINGTHECIINTHISSTUDY,THIRTYONEQUANTITATIVEANDMIXEDMETHODAPPROACHESWEREREVIEWEDANDRELEVANTFORTHISPARTICULARSTUDYTHEPAPERSARETABULATEDINTABLE1ANDTABLE221DRIVERSFORERMIMPLEMENTATION
下載積分: 10 賞幣
上傳時間:2024-03-16
頁數(shù): 19
大?。?0.04(MB)
子文件數(shù):
-
簡介:CONCEPTUALVOLUME4ISSUE3APRIL2018DOI1019080/CERJ201804555638CIVILENGRESJCOPYRIGHT?ALLRIGHTSARERESERVEDBYCHANDRASHEKHARSINGHGREENCONSTRUCTIONANALYSISONGREENANDSUSTAINABLEBUILDINGTECHNIQUESCHANDRASHEKHARSINGHDEPARTMENTOFCIVILENGINEERING,AMITYUNIVERSITYCHHATTISGARH,INDIASUBMISSIONJANUARY21,2018PUBLISHEDAPRIL17,2018CORRESPONDINGAUTHORCHANDRASHEKHARSINGH,DEPARTMENTOFCIVILENGINEERING,AMITYUNIVERSITYCHHATTISGARH,STREET3/BASHISHNAGAREASTRISALIBHILAICHHATTISGARH490006,INDIA,TELEMAILINTRODUCTIONTHETERM“GREEN”REFERSTOENVIRONMENTALLYFRIENDLYPRACTICESFROMBUILDINGDESIGNTOTHELANDSCAPINGCHOICESITALSOOPTIMISTSUSTAINABLEDEVELOPMENTMODERNBUILDINGTECHNIQUESCOSTEFFICIENCYENVIRONMENTFRIENDLYHOWTOCITETHISARTICLECHANDRASHEKHARSINGHGREENCONSTRUCTIONANALYSISONGREENANDSUSTAINABLEBUILDINGTECHNIQUESCIVILENGRESJ201843555638DOI1019080/CERJ201804555638003CIVILENGINEERINGRESEARCHJOURNALGREENBUILDINGFEATURESGREENBUILDINGHASMANYSTARKFEATURESSOMEOFTHEMAREOENERGYEFFICIENTEQUIPMENTFORAIRCONDITIONINGANDLIGHTINGSYSTEMSANDUSEOFONSITERENEWABLEENERGYOMEASUREMENTANDVERIFICATIONPLANTOENSUREENERGYWATERSAVINGSOREDUCTIONOFBUILDINGFOOTPRINTSTOMINIMIZETHEIMPACTOENVIRONMENTOMINIMALDISTURBANCETOLANDSCAPESANDSITECONDITIONSOUSEOFRECYCLEDANDENVIRONMENTALFRIENDLYBUILDINGMATERIALSOUSEOFFNONTOXICANDRECYCLED/RECYCLABLEMATERIALSOEFFICIENTUSEOFWATERRECYCLINGOINDOORAIRQUALITYIMPROVEMENTFORHUMANSAFETYANDCOMFORTOUSEOFRAPIDLYRENEWABLEMATERIALSOPROVIDINGDAYLIGHTFORVISIBILITYFIGURE1FIGURE1ENERGYEFFICIENCYINGREENBUILDINGFORANEWORRENOVATEDBUILDINGTOACHIEVEENERGYEFFICIENCY,MAKESURETOINCLUDETHESETHREESTEPSOUSEACOMPREHENSIVEINTEGRATEDDESIGNPROCESS,ALSOCALLEDINTEGRATEDPROJECTDELIVERYOESTABLISHGOALS,TARGETS,ANDSTRATEGIESOIMPLEMENTENERGYEFFICIENCYMEASURESHOLISTICALLYTHEKEYTOENERGYEFFICIENCYINNEWBUILDINGSORRENOVATIONSISTOHAVEACOMPREHENSIVEINTEGRATEDPERSPECTIVEDURINGTHEDESIGNPHASETHATSEEKSTOOREDUCEHEATING,COOLING,ANDLIGHTINGLOADSTHROUGHTAKINGADVANTAGEOFTHEBUILDINGSITEANDCLIMATEATTRIBUTESINCLUDEPASSIVESOLARDESIGNANDINTEGRATEDLANDSCAPEDESIGNTHATUSETREESFORSHADING,WINDBREAKS,ANDATTRACTIVEOUTDOORSPACESORESEARCHANDINCLUDERENEWABLEENERGYSOURCESSUCHASDAYLIGHTING,PASSIVESOLAR,SOLARTHERMALHOTWATERANDPHOTOVOLTS,ANDGEOTHERMALHEATINGANDCOOLINGUSEOFRENEWABLEENERGYINCREASESENERGYSECURITYANDREDUCESDEPENDENCEONFOSSILFUELSOUSEPROJECTSPECIFICATIONSTOLAYTHEGROUNDWORKFORENERGYEFFICIENCY,SPECIFICALLYSTATINGPROJECTGOALS,TARGETS,ANDSTRATEGIESFORENERGYEFFICIENCYSPECIFYENERGYEFFICIENTHVACEQUIPMENTTHATMEETOREXCEEDFEDERAL,STATE,ANDLOCALSTANDARDS,SUCHASLEED,ENERGYSTAR,OROTHERFEDERALORSTATEHIGHPERFORMANCEMANDATESOINCREASEBUILDINGPERFORMANCEBYINCLUDINGPREDICTIVEENERGYMODELSANDSYSTEMCONTROLS,SUCHASOCCUPANCYANDDAYLIGHTSENSORS,CO2SENSORSANDOTHERAIRQUALITYALARMSEMPLOYSENSORSTHATCONTROLLOADSBASEDONOCCUPANCYANDAVAILABILITYOFNATURALRESOURCESSUCHASDAYLIGHTORNATURALVENTILATIONUSEENERGYMANAGEMENTTOOLSTOTRACKENERGYANDWATERUSESUCHASTHEENERGYSTARPORTFOLIOMANAGEROINTEGRATEWATERSAVINGTECHNOLOGIESTHATREDUCETHEENERGYBURDENTHATCOMESALONGWITHPROVIDINGPOTABLEWATERSUCHASWATERSENSEFIXTURESANDRAINWATERHARVESTINGPRACTICESMEASUREANDVERIFYTHATTHEPREDICTIVEMODELANDENERGYEFFICIENCYGOALSWEREMETGREENDESIGNCANHELPTOGIVEYOUAHEALTHYANDEFFICIENTHOUSETHATISALSOENVIRONMENTALLYFRIENDLYANDYOUMONEYINTHELONGTERM15ORIENTATIONTOTHESUNTOTAKEADVANTAGEOFPASSIVESOLARHEATINGANDLIGHTINGOBUILDANENERGYEFFICIENTSTRUCTURE,CREATINGAWELLINSULATEDENVELOPETHATREQUIRESLESSENERGYTOHEATANDCOOLOLOWEWINDOWSTOPREVENTTHELOSSOFHEATOGREENMATERIALSLUMBERFROMSUSTAINABLEFORESTRYPRACTICES,MATERIALTHATEMITLOWTOXINS,RECYCLEDMATERIALSANDWATERSAVINGFAUCETSOUSEOFADVANCEDENERGYSYSTEMSGEOTHERMALHEATING/COOLINGMASONRYHEATER,PHOTOVOLTAICCELLS,SOLARHOTWATER,ANDWINDTURBINESMATERIALSELECTIONUSEOFTOXICSUBSTANCESINTHECONSTRUCTIONMAYBEHARMFULTOTHEOVERALLHEALTHOFABUILDING’SOCCUPANTSINSPITEOFANINCREASINGAWARENESSOFTHEENVIRONMENTALHEALTHPROBLEMSREGARDINGEXPOSURETOANUMBEROFPRODUCTS,THEREISLITTLEFOCUSINREALITYSCHOOLSONPICKINGMATERIALSBASEDONTHEIRPOTENTIALFOROUTGASSINGHARMFULCHEMICALS,DEMANDINGREGULARMAINTENANCEWITHSUCHCHEMICALS,ORREQUIRINGREGULARREPLACEMENTSTHATPERPETUATETHEEXPOSURECYCLEEVALUATIONOFBUILDINGPRODUCTS,FROMTHEGATHERINGOFRAWMATERIALSTOTHEIRULTIMATEDISPOSAL,
下載積分: 10 賞幣
上傳時間:2024-03-14
頁數(shù): 6
大?。?0.56(MB)
子文件數(shù):
-
簡介:字?jǐn)?shù)英文字?jǐn)?shù)英文32113211單詞,單詞,1694216942字符;中文字符;中文54835483漢字漢字出處出處ZENNAROZENNAROPPSTRATEGIESSTRATEGIESININCOLOURCOLOURCHOICECHOICEFORFORARCHITECTURALARCHITECTURALBUILTBUILTENVIRONMENTJENVIRONMENTJJOURNALJOURNALOFOFTHETHEINTERNATIONALINTERNATIONALCOLOURCOLOURASSOCIATION,ASSOCIATION,2017,2017,191915221522外文文獻(xiàn)外文文獻(xiàn)STRATEGIESINCOLOURCHOICEFORARCHITECTURALBUILTENVIRONMENTINTHEREALISATIONOFACOLOURDESIGN,OROFACOLOURPLAN,EVERYDESIGNERSHOULDHAVETHEAVAILABILITYOFASETOFBASICTOOLSTOPREVENTHIMORHERFROMPERFORMINGPREJUDICIALOPERATIONSINTHETERRITORY,INTHELANDSCAPE,INTHECITY,INTHENEIGHBOURHOOD,ANDINTHEINDIVIDUALBUILDINGTHESAMEDESIGNERSHOULDTHENKNOWSOMERULESINTHECOLOURCHOICETHATWILLENHANCETHEBUILTENVIRONMENTTHEAPPROACHTOCOLOURSELECTIONDEPENDSONMANYFACTORS,FOREXAMPLETHEBUILDINGSIZEANDFUNCTION,THECOMBINATIONOFSPACES,THEURBANFORM,THEDIMENSIONSOFSTREETS,ALLEYS,PLAZAS,SQUARESANDSOON,BUTESPECIALLYTHESPECIFICITYOFTHEPLACEBYTHISWEMEANTHEHISTORY,TRADITIONS,CULTURE,GEOGRAPHICALLOCATION,THEQUALITIESANDWEAKNESSES,THERANGEOFPOSSIBLEDESIGN/CONSERVATIONOPTIONSANDALLTHOSECHARACTERISTICSTHATDISTINGUISHONEPLACEFROMANOTHERSOITSHOULDBECLEARTOTHEDESIGNERWHOFACESACHROMATICPROJECT,THATHEORSHEPRIMARILYNEEDSADEDICATEDSTRATEGY,DIFFERENTFROMCASETOCASE,SPECIFICTOEACHPLACETHEDIVERSITYOFTHEPLACESESTABLISHESTHERICHNESSOFTRADITIONSANDCUSTOMSTHATSHOULDBEPRESERVEDAND/ORPOSSIBLYUPDATEDINTRODUCTION“STARTINGTHESTUDYOFPERCEPTION,WEFINDINTHELANGUAGETHECONCEPTOFWHEREWECOLLECTANDCONDENSETHEVALUESOFCIVILISATIONSPIRITUALITYWITHCHURCHES,POWERWITHOFFICES,MONEYWITHBANKS,THEGOODSWITHDEPARTMENTSTORES,THEWORDWITH?AGORà?COFFEEANDWALKS”ANALOGOUSLYWESTERNURBANCENTRESAREACOLLECTIONANDACONDENSATIONOFCOLOURSEACHCITYCENTRETENDSTOSHOWEMBLEMATICCOLOURS,REPRESENTINGTHELEVELOFCIVILISATIONCOMMONLYTHECOLOURSUSEDINHISTORICALURBANCENTRESAREOFTENLOWINSATURATIONTHENEWERCULTURES,PREFERRINGTOLIVEINATECHNOSCIENTIFICENVIRONMENT,AREMOREATTRACTEDBYHIGHLYSATURATEDCOLOURSONTHEOTHERHAND,INTHEORIENTALCULTUREWESEEEMPTYURBANCENTRESCONSIDERINGJAPAN,INTOKYOTHEHISTORICALCITYISCONCENTRICANDTHECENTREISEMPTYITISOCCUPIEDBYTHEHEARTOFTHENATIONTHERELIGIOUSANDPOLITICALPOWERTHEEMPEROR,JAPANSRELIGIOUSANDPOLITICALLEADER,OCCUPIESTHISBIGEMPTYSPACESOTHECOLOURSUSEDARETHOSEOFTHETRADITIONRED,GOLDANDWHITESIMILARLYINTHECHINESECULTURETHEURBANCENTREISANEMPTYSPACEINBEIJING,THEFORBIDDENCITYWASEXACTLYTHISKINDOFCONCENTRATIONOFNONPHYSICALELEMENTSPOWERANDRELIGIONTHECOLOURSUSEDALSOINTHISCASEWERETHOSEOFTHEEMPERORAFTERTHECOMMUNISTREVOLUTIONREDBECAMETHEMAINCOLOURINCHINABUTTHETRADITIONPERSISTSANDTHEMAINCOLOURSARETHOSEOFTHEFIVEELEMENTSWOOD,FIRE,EARTH,METAL,ANDWATERINCHINA,THEREAREFIVEVERYSPECIFICCOLOURSIEBLUEGREEN,RED,YELLOW,WHITE,BLACKRESONATINGWITHMEANINGTHROUGHEVERYLAYEROFTRADITIONALANDMODERNLIFE,REPRESENTINGEMOTIONAL,PHYSICAL,SPIRITUALANDDIRECTIONALFORCESASSYNTHETICALLYEXPRESSED,TRANSMITTINGACULTURENOTONLYREQUIRESKNOWINGTECHNICALASPECTS,BUTALSOOTHERASPECTSAFFECTINGASOCIETYANDITSEVOLUTIONHAVINGCAREOFCOLOURSISNOTONLYAPERSONALPLEASUREBUTINARCHITECTURECONCERNSTHEWHOLECOMMUNITYEVERYBODYISINFLUENCEDBYCOLOURANDITSEEMSNECESSARYTHATDESIGNERSSHOULDBEPROVIDEDWITHSOMEBASICINFORMATIONTHEARCHITECTURALPROFESSIONALSOINVOLVESSUCHTASKSWHAT’SDISCUSSEDINTHEFOLLOWINGISTHERESULTOFRESEARCHEXPERIENCEATTHEUNIVERSITYIUAVOFVENICE,INLEADINGTHERESEARCHUNIT“COLOURANDLIGHTIN
下載積分: 10 賞幣
上傳時間:2024-03-16
頁數(shù): 21
大?。?0.93(MB)
子文件數(shù):
-
簡介:THISARTICLEWASDOWNLOADEDBYTHEUCIRVINELIBRARIESON29OCTOBER2014,AT1117PUBLISHERROUTLEDGEINFORMALTDREGISTEREDINENGLANDANDWALESREGISTEREDNUMBER1072954REGISTEREDOFFICEMORTIMERHOUSE,3741MORTIMERSTREET,LONDONW1T3JH,UKJOURNALOFCURRENTISSUESYANGANDROSKOSEWOLDSEN2007WHILEINVESTIGATINGTHEEFFECTIVENESSOFPRODUCTPLACEMENTSUSINGCOGNITIVEANDAFFECTIVEMEASURESISVITAL,UNDERSTANDINGWHATCONSUMERSTHINKABOUTPRODUCTPLACEMENTSISALSOVERYIMPORTANTAFTERALL,ITISTHECONSUMERSTHATAREULTIMATELYBEINGEXPOSEDTOTHESENONTRADITIONALPROMOTIONALSTRATEGIESSURPRISINGLY,THEREEXISTSABIGGAPINTHELITERATUREINTERMSOFOURUNDERSTANDINGOFHOWCONSUMERSPERCEIVETHISPROMOTIONALSTRATEGYINCOMPARISONTOADVERTISINGASSESSINGTHEVALUEOFPROMOTIONALSTRATEGIESFROMACONSUMERPERSPECTIVEISNOTANEWRESEARCHDIRECTIONDUCOFFE1995,1996PROPOSEDAMODELFORHOWCONSUMERSASSESSTHEVALUEOFADVERTISING,WHICHRESEARCHERSHAVERELIEDONWHENESTIMATINGTHEVALUEOFNEWANDINTERACTIVEFORMATSOFADVERTISINGDHOLAKIAANDREGO1998JOINES,SCHERER,ANDSCHEUFELE2003HOWEVER,THEREARENOSTUDIESTHATASSESSTHEVALUEOFPRODUCTPLACEMENTSFROMCONSUMERS’PERSPECTIVEUSINGDUCOFFE’S1995MODELTHEPURPOSEOFTHISPAPERISTWOFOLDONE,TOREEXAMINEANDREPLICATEDUCOFFE’S1995ADVERTISINGVALUEMODEL,ANDTWO,TOCOMPAREANDCONTRASTITTOHOWCONSUMERSVALUEPRODUCTPLACEMENTSWEBELIEVETHATBYDOINGSOWEWILLBETTEROURUNDERSTANDINGOFHOWCONSUMERSVALUEPRODUCTPLACEMENTSASASTRATEGYINCOMPARISONTOADVERTISINGALSO,INTHEINTERESTOFTRIANGULATION,ASSESSINGTHEVALUEOFPRODUCTPLACEMENTSFROMCONSUMERS’PERSPECTIVEWILLPROVIDEANALTERNATIVEAPPROACHTOSTUDYINGTHISPHENOMENONLITERATUREREVIEWPRODUCTPLACEMENTSPRODUCTPLACEMENTS,ALSOREFERREDTOASBRANDPLACEMENTS,BRANDVERTISING,EMBEDDEDPROGRAMMING,STRATEGICPLACEMENTS,ANDBARTERPLACEMENTS,HAVEBEENINEXISTENCESINCETHEBIRTHOFMOTIONPICTURESINMID1890SNEWELLANDSALMON2003INTHERECENTYEARS,THETOTALREVENUEGENERATEDBYPRODUCTPLACEMENTSISESTIMATEDTOBEMORETHAN42BILLIONKIMANDLINNETT2006ANDISESTIMATEDTOREACH56BILLIONBY2010GOODALE2008SOMEOFTHEMOSTFREQUENTLYMENTIONEDEXAMPLESOFPRODUCTPLACEMENTSINLITERATUREINCLUDEGORDON’SGININTHEAFRICANQUEENWHEREKATHERINEHEPBURN’SCHARACTERTOSSESACRATEOFTHEPRODUCTOVERBOARDANDTHEPLACEMENTOFREESE’SPIECESINTHEMOVIEETOTHEREXAMPLESINCLUDEREDSTRIPEBEERINTHEFIRM,ANDTHEBMWZ3INTHEJAMESBONDFILMGOLDENEYE,ALLOFWHICHHAVEBEENUSEDTOILLUSTRATETHEPOTENTIALIMPACTPRODUCTPLACEMENTCANHAVEONABRANDNEER2004OFCOURSE,THEBIGSCREENISNOTTHEONLYMEDIUMOFCHOICEFORPRODUCTPLACEMENTTODAY,ASADVERTISERSAREIMBEDDINGPRODUCTSINPOPULARTELEVISIONPROGRAMMINGRUSSELL2002,VIDEOGAMESPOPE1994NELSON2002NELSON,KEUM,ANDYAROS2004GLASS2007,ANDMUSICLYRICSAIREDOVERTHERADIOROBERTS2002,ANDEVENUSINGTHISASAMEANSOFCROSSMEDIAPROMOTIONBUSS1998GIVENTHEVARIETYOFVENUESFORPRODUCTPLACEMENT,ITISNOTSURPRISINGTHATCONCEPTUALIZATIONSHAVEDIFFEREDFORTHISEVOLVINGTACTICOVERTHEYEARSKARRH1998CONCLUDESTHATMOSTDEFINITIONSOFPRODUCTPLACEMENT,ORWHATMANYSIMPLYREFERTOAS“BRANDPLACEMENTS,”DONOTTAKEINTOACCOUNTTHEMANYDIFFERENTMEDIACHOICESORCONTACTOPPORTUNITIESTHATEXISTFORADVERTISERS,ANDKARRHDEFINESPLACEMENTAS“THECOMPENSATEDINCLUSIONOFBRANDEDPRODUCTSORBRANDEDIDENTIFIERS,THROUGHAUDIOAND/ORVISUALMEANS,WITHINMASSMEDIAPROGRAMMING”11ASRESEARCHERSHAVEMOVEDCLOSERTOACONSENSUSONDEFININGPRODUCTPLACEMENT,EMPIRICALWORKINTHISAREAHASSHIFTEDTOWARDMEASURINGITSEFFECTIVENESSDOWNLOADEDBYTHEUCIRVINELIBRARIESAT111729OCTOBER2014
下載積分: 10 賞幣
上傳時間:2024-03-14
頁數(shù): 19
大?。?0.54(MB)
子文件數(shù):