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The Role of Credit as a Financial Tool on Financing Touristic Consumption and Application in Turkey
Issue:
Volume 2, Issue 4, August 2014
Pages:
231-239
Received:
26 June 2014
Accepted:
11 July 2014
Published:
30 July 2014
Abstract: Turkish tourism has managed to be able to enter the top 10 countries in the world tourism with the fastest growth rate in recent years. One of the main factors of this rapid growth in tourism industry is quantitative and qualitative increase in the tourism demand. Turkish tourism has grown depending on international tourism until the 2000s, but in recent years, the effect of increase in domestic tourism demand has helped more stable and balanced structure to Turkish tourism. With the increase in personal income and economic stability in recent years, banking and finance system has a big impact on the increase in domestic tourism demand. Revision of the financial system in Turkey, the measures taken for the protection of consumers, contribution of financial institutions to funding touristic consumers, are playing an important role in these developments. In our study, the effect of the Turkey’s financial system on touristic consumption is investigated in the light of these developments. The study was performed by descriptive method for determining existing situation in Turkey.
Abstract: Turkish tourism has managed to be able to enter the top 10 countries in the world tourism with the fastest growth rate in recent years. One of the main factors of this rapid growth in tourism industry is quantitative and qualitative increase in the tourism demand. Turkish tourism has grown depending on international tourism until the 2000s, but in ...
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Ordering Decision Research on Perishable Goods Under Consumer Strategy Behaviour Condition
Issue:
Volume 2, Issue 4, August 2014
Pages:
240-244
Received:
23 July 2014
Accepted:
26 July 2014
Published:
30 July 2014
Abstract: It considers the retailer's optimal ordering policy under the deterministic demand and uncertainty demand two circumstances. Based on the consumers’ purchase analysis, establish the reasonable ordering decision to influence corporate inventory, compare the consumers’ waiting cost and losing goods cost, aim at coping with the consumer's strategic behavior.
Abstract: It considers the retailer's optimal ordering policy under the deterministic demand and uncertainty demand two circumstances. Based on the consumers’ purchase analysis, establish the reasonable ordering decision to influence corporate inventory, compare the consumers’ waiting cost and losing goods cost, aim at coping with the consumer's strategic be...
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Foreign Direct Investment and SME Growth: Highlighting the Need for Absorptive Capacity to Support Linkages between Transnational Corporations and SMEs in Developing Countries
Issue:
Volume 2, Issue 4, August 2014
Pages:
245-256
Received:
29 May 2014
Accepted:
5 August 2014
Published:
20 August 2014
Abstract: FDI has always been thought to affect the growth of local firms through technological spillovers and as such many developing countries have invested a lot to attract FDI. These spillovers can happen through FDI having backward, forward and horizontal linkages with local firms. Though in many countries FDI has contributed to the development of local firms, there is evidence to suggest that this is not always the case. There are instances where FDI has instead driven local firms out of business. The ability of local firms and more particularly SMEs to benefit from technological spillovers from TNCs is affected absorptive capacity. SMEs need absorptive capacity to in order to able to learn from TNCs. Absorptive capacity is usually proxied by the technology gap between the foreign and the domestic firms and in the case of large technology gap SMEs may not learn from TNCs. To support the linkages and spillovers between SMEs and TNCs the absorptive capacity of SMEs in developing countries can be nurtured though various Workforce Development programs and programs that would affect the human resource practices and organizational routines of SMEs.
Abstract: FDI has always been thought to affect the growth of local firms through technological spillovers and as such many developing countries have invested a lot to attract FDI. These spillovers can happen through FDI having backward, forward and horizontal linkages with local firms. Though in many countries FDI has contributed to the development of local...
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Does Government Policy and Company Size Influenced Stakeholders Perception on the Adoption of International Financial Reporting Standards (IFRS) in Nigeria
Augustine Ayuba,
Benjamin Kumai Gugong
Issue:
Volume 2, Issue 4, August 2014
Pages:
257-262
Received:
27 April 2014
Accepted:
9 May 2014
Published:
20 August 2014
Abstract: This study examines some factors influencing the adoption of International Financial Reporting Standards (IFRS) among the various stakeholders in Nigeria. A research model was developed to indicate the relationship between government policy and company size that were argued to have a positive significant relationship on the adoption of IFRS. This study is based on survey design; after successful reliability tests, correlation and multiple regression were used in analyzing the data. Results indicate that, government policy has a positive significant relationship with the adoption of IFRS, while company size was found to be insignificant with the adoption of IFRS. The study recommends that, company size should be properly taken into consideration either in terms of small, medium or large size in order to ensure a smooth transition from Nigerian Generally Accepted Accounting Principles to full adoption of IFRS in the country.
Abstract: This study examines some factors influencing the adoption of International Financial Reporting Standards (IFRS) among the various stakeholders in Nigeria. A research model was developed to indicate the relationship between government policy and company size that were argued to have a positive significant relationship on the adoption of IFRS. This s...
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Willingness to Pay for Community Based Health Insurance among Households in the Rural Community of Fogera District, North West Ethiopia
Adane Kebede,
Measho Gebreslassie,
Mezgebu Yitayal
Issue:
Volume 2, Issue 4, August 2014
Pages:
263-269
Received:
19 August 2014
Accepted:
4 September 2014
Published:
20 September 2014
Abstract: Introduction: Community-based health insurance schemes are becoming increasingly recognized as a tool to finance health care in developing countries. The Ethiopian government is now implementing community-based health insurance for citizens in the informal and agriculture sectors as a pilot basis. Objective: This study was conducted to assess the willingness to pay for community based health insurance and associated factors among household heads in the rural community of Fogera district, North West Ethiopia, 2013. Methods: A community based cross-sectional study was conducted. Multistage sampling technique was undertaken to get a total of 528 households. Pre-tested, structured interviewer administered questionnaire was used to collect the desired data. Double-Bounded Dichotomous Choice Variant of the contingent valuation method was used to assess the maximum willingness to pay for the schemes, and a multiple linear regression equation model was used to answer how much one is willing to pay once one decides to enroll in the scheme. The degree of association between independent and dependent variables were assessed using coefficient and p-value. Results: The study revealed that, 80% of respondents expressed willingness to enroll in the community-based health insurance system. The average amount of money willing to pay for the scheme was 187.4Birr per household per annual. Based on the multiple linear regression model; being male [B=17.28], large household size [B= 4.54], schooling experience [B=1.85], farmer household [B=33.79], merchant household [B=58.50], richer household [B=14.94] were significantly associated with the willingness to pay for community based health insurance scheme. Conclusion and recommendation the willingness to pay for the Community-based health insurance scheme was encouraging. However, the amount of the premium should consider the family size, wealth status and the willingness of the households.
Abstract: Introduction: Community-based health insurance schemes are becoming increasingly recognized as a tool to finance health care in developing countries. The Ethiopian government is now implementing community-based health insurance for citizens in the informal and agriculture sectors as a pilot basis. Objective: This study was conducted to assess the w...
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