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... economy status in 2010 as per the World Bank, such as Portugal or Greece. Additionally, the Wor...." Rational natural, and open systems. Englewood Cliffs: Prentice-Hall. . Scott, A. J., ...
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... of financial services where many Mexican banks are now partially or completely owned by US financ... management, economics, and information systems to derive our hypotheses. . Economic Motivations: ...
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Risk assessment of credit portfolios is of pivotal importance in the banking industry. The bank that has the most accurate view of its credit risk will be the most profitable. One of the main pillars in the assessing credit risk is the estimated probability of default of each counterparty, i.e., the probability that a counterparty cannot meet its payment obligations in the horizon of one year. A credit rating system takes several characteristics of a counterparty as inputs and assigns this counterparty to a rating class. In essence, this system is a classifier whose classes lie on an ordinal scale. In this paper we apply linear regression ordinal logistic regression, and support vector machine techniques to the credit rating problem. The latter technique is a relatively new machine lear...
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..., MNCs from emerging economies with weak banking systems and underdeveloped debt markets are more l...
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This article analyzes the competitive advantage of German renewable energy firms in Russia. Based on Porter's diamond model of competitiveness, we examine the demand for renewable energy in Russia and German firms' ability to meet this demand. While the overall demand for renewable energy in Russia is still low, the study reveals formidable opportunities in the fields of biomass, solar and wind energy. Our findings are meant to address managers in the renewable energy industry and to aid policy makers in environmental support and action.
... in natural gas and coal worldwide (European Bank of Reconstruction and Development (EBRD) 2005). To... all information about financial support systems for renewable energy technologies as well as envir...
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..., low political risk, and well formulated banking and financial policies (DiMaggio and Powell 1983; ... with strong established innovation systems (UNCTAD 2005). Considering all the above factors, ...
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... organisation and industrial relations systems. Nor did ECE subsidiaries constitute a threat to t... in Europe is reportedly facing a bankruptcy threat (FT 2009). Carmakers' profits were also squ...
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... Deutsche Bank stehe an der Spitze eines Systems, das mit "Hunderten von Milliarden", die in die Re...
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As part of the GLOBE project, this paper explores the societal and the organizational culture of the Romanian finance industry as reflected by middle managers' opinion. The two culture levels are compared across nine cultural dimensions. The differences between the cultural manifestations (practices and values) are analyzed through comparing the middle managers' answers to "what is" and "what should be" type questions at organizational and societal levels. The findings show some significant differences for the majority of the cultural dimensions examined both between culture levels (organizational versus societal) and culture manifestations (practices versus values).
... in the past two decades including banking, insurance, pension funds, financial investment, a... between national financial systems. Beyond the global economic challenges, the financ...
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Problems of justice, such as high managerial salaries or the introduction of minimum wages, today arouse a lot of public attention and debate. This hints at the general fact that "justice" cannot be reduced to mere efficiency questions as economists very often tend to assume. Therefore, this paper deals with opportunities to include aspects of social justice in economic analyses. The authors describe the historical development from the Aristotelian concept of justice via the medieval idea of pretium iustum towards the classical liberal approach of Adam Smith. The limits of a pure liberal concept of justice even in modern market societies are revealed which in turn indicate the necessity of an integrated approach that applies the instruments of contemporary economics, but also allows for...
..."All systems either of preference or of restraint, therefore, b... institutions such as the WTO, World Bank, and IMF. Supply-oriented economic reforms in many...