The Alternative Investment Market Italia listing process: A sustainable Alternative Investment Market for Small Medium Enterprises (SMEs)?

2021 ◽  
pp. 83-101
Author(s):  
Alberto Manelli ◽  
Roberta Pace ◽  
Jacopo Montecchiani ◽  
Lorenzo Viserta

The present work aims to investigate the world of Small Medium Enterprises (SMEs), exploring in depth the implications related to the sustainability of the listing process in the Alternative Investment Market (AIM) Italia market in order to assess, adopting a critical approach, whether the path of listing could be the ideal choice to support a significant growth of these realities. An empirical survey is therefore presented in order to evaluate the sustainability of the listing process from both an economic- financial and Environmental, Social and Governance (ESG) point of view. The conclusions reached highlight how the listing process hides pitfalls in terms of economic and financial performance; while the commitment to ESG factors seems rewarding both in terms of share price trends and debt cost.

2020 ◽  
Vol 5 (01) ◽  
pp. 84-108
Author(s):  
I Wayan Aditya Harikesa

President Joko Widodo or Jokowi has made a great leap in enhancing Indonesia�s Small Medium Enterprises (SME)s and the country�s overall creative industries by establishing a new non ministerial institution called Badan Ekonomi Kreatif (BEKRAF) or the Creative Economy Agency. The BEKRAF, established under the Presidential Regulation Number 6 of 2015 issued on January 20, 2015, is responsible for accelerating the development of creative economy in Indonesia. Small Medium Enterprises (SMEs) have been playing crucial roles for generating economic progresses as well as social inclusion in Indonesia. Among the most important and worthy of priority is the country�s creative economy. The existence of BEKRAF will enhance close cooperation between the government, SMEs players and related economic stakeholders. This paper aims to assess the concept of �Creative Industries,� as a boundary concept that allows for increased co-operation between players and the generally opposing knowledge concepts�as reflected in their respective knowledge and cultural politics. Indonesia has great potential in terms of economic growth. In 2015, Indonesia�s Gross Domestic Product (GDP) rocketed to 4.79 percent, far above the previous expectation of only 2.4 percent. This encouraging climate is indeed the right moment for the government to strengthen the country�s economic foundation particularly in the real economic sector. Hence, BEKRAF has a vision to build Indonesia as one of the world�s great economic powers in the field of creative economy by 2030. This issue will be discussed comprehensively in the final part of the paper.


Author(s):  
George Velegrakis ◽  
João Varajão ◽  
Leonel Morgado ◽  
Caroline Dominguez ◽  
Clara Rodrigues ◽  
...  

In a dynamic and competitive world, understanding the knowledge, skills and competences that managers of small and medium enterprises (SMEs) require is an important endeavour, to ensure that both academic and business training institutions offer well formed programs/courses and curricula. Several studies, conducted by academic researchers and business associations around the world, focused on identifying managers’ skills and competences, but there isn’t an overall perspective on today’s requirements of European SME managers. This is a critical aspect because managers’ competences strongly influence enterprises’ competitiveness and, therefore, the economic competitiveness of countries themselves. To help overcome this problem, the authors conducted a study in six European countries through a literature review and several interviews with business associations’ executives. The result is a list of 34 competences, which the authors organized in four categories: personal; team management; business; and technical. These competences are presented and discussed in this chapterand show that an SME manager should be well prepared in a rich set of complementary areas to perform her/his job. The findings enable a better understanding of the profile of SME managers from the point of view of required competences, and may help in the design of new training programs to fulfil the identified needs.


2006 ◽  
Vol 19 (1) ◽  
pp. 29-48 ◽  
Author(s):  
Dianne H. B. Welsh ◽  
Peter Raven

The Middle East is a growing, lucrative marketplace that has recently captured the interest of the world for political as well as economic reasons due to the War in Iraq, which began in 2003. This exploratory study examines the relationship between retail small/medium enterprises (SMEs) that are family business owned, organizational commitment, and management and employee perceptions of customer service on a number of dimensions. The results suggest that managers and employees of family-owned businesses in the Middle East behave in ways similar to those in Western countries; however, there are differences, probably related to cultural characteristics. The Middle East is a richly diverse region, a myriad of unique cultures. As the market becomes more sophisticated, the importance of service quality increases. Global retailers can benefit from this study by better understanding the managers and employees in the region and the pivotal role of the family on business. Implications for practice are discussed.


2020 ◽  
Vol 2 (2) ◽  
pp. 4
Author(s):  
Muhammad Alhada Fuadilah Habib ◽  
Asik Putri Ayusari Ratnaningsih ◽  
Kanita Khoirun Nisa

As Michael Foucault had said that the human body is not really free; the concept of the body as well as the concept of the human sexuality in fact are ruled by and obey the great power behind them. A great narrative about the body and also the sexuality that has been agreed by societies, consciously or unconsciously has successfully dictated societies’ point of view in placing their body and sexuality. The concept of a male body that has been characterized by its perfunctory appearance, in the sense of not necessary to primp, actually is a great narrative that is considered as a true necessity. This topic is unique and interesting to study because Mister International pageant as the representation of world’s male masculinity offers the different great narrative masculinity concept that has been shackling the traditional masculinity concept of Indonesian society. This study will analyze the signs of masculinity shown in Mister International pageant as the ideal men’s quest in the world. The result of this study indicates that the ideal male masculinity constructed in Mister International pageant if viewed from the concept of traditional sexuality is a combination between the concept of femininity and the concept of masculinity that then brought out to a new terminology about the concept of masculinity called as metrosexual. The concept of masculinity constructed by this ideal men’s quest in the world, if examined by Herbert Marcuse’s point of view, actually is a concept uniformity of the world's ideal male body in one dimension. Furthermore, the great narrative behind this uniformed ideal male construction is a world’s major capitalists’ project to expand their market share, especially male cosmetics and clothes products.Keywords: Construction, Masculinity, Ideal Male Body, One-Dimensional Man.


2002 ◽  
pp. 157-160
Author(s):  
Augustyn Marek Urban
Keyword(s):  

The author analyzes the issue raised in the title in a phylosophical context from the ontological point of view, which is a branch of phylosophy. As it is known, ontology is „the science of existence”, in other words, a science on the nature of every existing thing.The argumentations indicated by the title do not include „everything”, only those problems which are the most important in the author’s opinion. These are as follows:a) the aim of globalization, to which we refer to here as „hoped-for globalization”,b) the evaluation of the world in which we live,c) the reasons for the birth of the functioning world,d) the activities leading the world to the direction of the hoped-for globalization.The author is aware of his position’s deficiencies, but thinks that the importance of the topic makes it neccessary to create the ideal future’s vision through discussion.


2020 ◽  
Vol 10 (2) ◽  
pp. 1-9
Author(s):  
Valentin Mihaylov

Traditionally, applied aspects of human geography are mainly associated with economic geography, regional development and spatial planning.          In the debate on the application potential of the discipline, a number of important problems of social, political and cultural geography, relevant to various contemporary processes on a global and regional scale, are marginalized. For this reason, the author undertakes a critical rethinking of the current debate on the applied aspects of research in human geography.          A brief review of the conceptual and institutional development of applied geography in the world and in selected national schools is made. The author also distinguishes two research orientations: 1) strategic orientation – connected to studies carried out at the international, national and macro-regional spatial levels; 2) operational orientation – concerning applied studies undertook on a scale of separate municipalities, cities, neighbourhoods or even separate streets and buildings. Taking an attempt to overcome the narrow understandings of the frameworks of applied human geography, the author presents a new definition and tries to identify the main challenges for geographers that work in the field of Human Geography. Applied aspects of basic directions of human geography from the point of view of their broader interdisciplinary ties are also indicated.


Author(s):  
A. V Halapsis

Purpose. Reconstruction of Empedocles’ doctrine from the point of view of philosophical anthropology. Theoretical basis. Methodological basis of the article is the anthropological comprehending of Empedocles’ text fragments presented in the historical-philosophical context. Originality. Cognition of nature in Ancient Greece was far from the ideal of the objective knowledge formed in modern times, cognition of the world as it exists before man and independently of him. Whatever the ancient philosophers talked about, man was always in the center of their attention. I proposed an anthropological version of the interpretation of the doctrine of Empedocles, within the framework of which various elements of his concept fit into a consistent model. Conclusions. Empedocles’ anthropology is based on the recognition of several fundamental things. First of all, there is no death. Second, there is no fundamental difference between human and celestial. This line is conventional and under certain conditions one can overcome it. Cod can become a human (for example, for a deed unworthy of a deity), and a human can become God. Teaching of evolution is also double. Not only physical shell evolves, keeping only the most adapted species, but the soul too. The latter can both ascend to the gods and go down to the bushes and fish. Purification of the soul and mastering the magic of the elements gives an impetus for a correct direction of evolution. Empedocles is an anthropologist-practitioner, who shows by his example that a human can cope with all the elements and reach divinity. He chose (or convinced himself that he chose) the elemental ingredients for penetrating the Fortunate Isles, leaving the instructions on how to become God.


OCL ◽  
2018 ◽  
Vol 25 (6) ◽  
pp. D605 ◽  
Author(s):  
Perrine Tonin ◽  
Nathalie Gosselet ◽  
Emélie Halle ◽  
Marjorie Henrion

Oil & protein ideotypes might be “ideal” in terms of agronomy, they cannot be grown if they do not meet a demand. And while plant breeding takes years to develop new varieties, consumers can change their habits very quickly. Understand the “ideal” crops from the downstream point of view is therefore of paramount importance for R&D. In this review, we look at the current and what may be the future demands for the oil and protein crops. Because of diversity of products and consumers around the world, we chose to focus on French and Western Europe productions and markets: 1) consumers are in a quest for quality, traceability and sustainability (economic, social and environmental) with specific focus on GMO-free and organic demands. Some go vegan and more and more people switch from animal to vegetal protein intakes. And they want to rethink the agriculture model. 2) The food industry must adapt to all these demands while develop solutions for technological obstacles and remain cost-competitive. 3) The farmer needs crop profitability that relies on high and steady yields, eco-friendly and cost-competitive crop management techniques and decent price.


Author(s):  
Andrea Henderson

Edwin Abbott’s Flatland dramatizes the implications of dethroning what Victorians regarded as the preeminent representational system: Euclidean geometry. The displacement of the singular Euclidean account of space with a multiplicity of non-referential spatial regimes did more than introduce the possibility of varying perspectives on the world; the challenge to the “sacredness” of Euclid met with resistance partly because it suggested the ideal of a transparent representational system was inherently untenable. Flatland explores the repercussions of this problem for the novel, shifting emphasis from the revelation of the content of character to focus on the vagaries of point of view. The characters are Euclidean figures shown the limitations of their constructions of the world, and epistemic certainty is unavailable because all representational systems are contingent. Abbott finds consolation for this loss of certainty in the formalist, aesthetic character of projective geometry, insisting on the beauty of signs in and of themselves.


Author(s):  
Sergey V. Perevezentsev

The article examines the ideas of Russian spiritual and political thinkers of the 16th century about the “true Christian kingdom” under the conditions of expecting the imminent arrival of the Antichrist and the Second Coming of Christ. According to Russian spiritual and political figures of that time, the Russian state should fully comply with Christian notions about the ideal Christian state structure, and Russian rulers and ordinary residents should be filled with Christian piety. Only in that case, Russia could be ready to meet the “end of the world” with dignity, and its Orthodox inhabitants would be able to hope for “eternal salvation”. Therefore, throughout the 16th century in Russia, the search was constantly conducted for the most correct, from the Christian point of view, political and state structure, and domestic spiritual and political thinkers presented in their works various images of the ideal (“true”) Christian kingdom. It was important that the representatives of the interests of almost all social strata of contemporary Russian society (the peasantry, service people, boyars, the clergy) and even the tsar himself took part in those discussions.


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