scholarly journals The Impact of Size on the Performance of Transnational Corporations Operating in the Textile Industry in Portugal during the COVID-19 Pandemic

2022 ◽  
Vol 14 (2) ◽  
pp. 717
Author(s):  
Eleonora Santos ◽  
Rui Alexandre Castanho
Keyword(s):  
Textile Industry ◽  
Transnational Corporations ◽  
Clothing Industry ◽  
Economic Sustainability ◽  
Policy Recommendations ◽  
Fixed Costs ◽  
Management Experience ◽  
The Impact ◽  
Level Performance ◽  
Better Than

The aim of this work is to understand the impact of size on the performance of transnational corporations (TNCs) operating in the textile and clothing industry in Portugal during the COVID-19 pandemic. For this purpose, we used ORBIS data for the period 2019–2020 and narrative, financial and correlation analyses to assess the performance of five companies. Thus far, the impact of company size on the competitiveness of Portuguese textile affiliates during the pandemic has remained unexplored. The results show that smaller firms performed better than larger ones, likely due to the higher fixed costs of the latter at times when orders declined worldwide. Our analysis suggests that there are some characteristics of TNCs that matter in explaining company-level performance during crises, such as management experience and flexibility. Furthermore, as Portugal is a major European textile exporter, it is useful for the host country to assess the economic sustainability of its foreign investors. The results provide some policy recommendations regarding the promotion of foreign direct investment (FDI) in Portugal.

scholarly journals How does the pandemic has affected the economic sustainability of Textile industry in France?

2021 ◽  
Vol 129 ◽  
pp. 09017
Author(s):  
Eleonora Santos
Keyword(s):  
Textile Industry ◽  
Financial Analysis ◽  
Labour Productivity ◽  
Value Added ◽  
Economic Sustainability ◽  
Fixed Costs ◽  
Financial Reports ◽  
Profit Margins ◽  
Micro Enterprises ◽  
Financial Profitability

Research background: France is one of the leading textile manufacturers in Europe. However, the COVID-19 pandemic has challenged the current practices in the industry. The lack of crisis management characterized by delayed payments, order cancellations, fixed costs, and other unpredictable expenses, turned it difficult for firms to guarantee liquidity and to preserve their economic sustainability. Purpose of the article: To analyse how the pandemic has affected the economic sustainability of Textile industry in France. Methods: Using the financial reports of 57 French firms operating in Textile industry, in 2018-2020, from ORBIS, a financial analysis is performed using the ratios of profitability, liquidity and indebtedness, as well as the profit margin and labour productivity to evaluate how these firms have been tackling the challenges of the recent crisis; and, thus, evaluate their economic sustainability. Findings & Value added: Results suggest that micro firms and SMEs have better financial profitability, display higher levels of liquidity, are less indebted and are more capable to increase their profit margins. Yet, the larger firm shows a higher level of labour productivity, followed by the micro enterprises. Thus, smaller French textile firms appear to be more economically sustainable during the pandemic. This might suggest that smaller firms are more flexible, resilient, and capable to quickly adapt their operations to market’s needs. Such findings provide policy insights on the implementation of the appropriate strategies during times of crisis.

AN EMPIRICAL STUDY OF INDIAN INSURANCE INDUSTRY POST GLOBAL FINANCIAL CRISIS

2015 ◽  
Vol 6 (01-02) ◽  
Author(s):  
Anis Ur Rehman ◽  
Yasir Arafat Elahi ◽  
Sushma .
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Insurance Industry ◽  
Primary Data ◽  
Policy Recommendations ◽  
Insurance Sector ◽  
The World ◽  
The Impact ◽  
The New Deal

India has recently emerged as a major political and economic power in the world. The financial crisis that engulfed the world in 2008 needed developing countries like India to lead the rescue and recovery, instead of G7 westerns countries who dealt with such crisis in the past. Recently, discussions and negotiations are going amongst G20 countries regarding a new global financial architecture (G-20 Summit, 2008). The outcome will affect the relevant industries in India and hence it is a public interest issue for the actuarial profession in the country. Increased and more intrusive and costly regulations and red tapes are likely to be a part of the new deal (Economic Survey 2009-10). The objective of this paper is to study the perception of higher level authorities in Insurance sector regarding the role of regulator in minimizing the impact of global financial crisis. The primary data has been collected from 200 authorities in insurance industry. The data has been analyzed with statistical tools like MS-Excel. On the basis of the findings, various measures and policy recommendations for insurers have been suggested to minimize the impact of crisis.

Impact of Determinants of Industrial Development on Employment and Wages in Indian Manufacturing

2020 ◽  
pp. 18-30
Keyword(s):  
Technical Efficiency ◽  
Total Factor Productivity ◽  
Technical Change ◽  
Positive Impact ◽  
Manufacturing Sector ◽  
Factor Productivity ◽  
Firm Level ◽  
Employment Level ◽  
The Impact ◽  
Level Performance

ABSTRACT The present study was undertaken to explore the evolution of the impact of firm-level performance on employment level and wages in the Indian organized manufacturing sector over the period 1989-90 to 2013-14. One of the major components of the economic reform package was the deregulation and de-licensing in the Indian organized manufacturing sector. The impact of firm-level performance on employment and wages were estimated for Indian organized manufacturing sector in major sub-sectors in India during the period from 1989-90 to 2013-14 of the various variables namely profitability ratio, total factor productivity change, technical change, technical efficiency, openness (export-import), investment intensity, raw material intensity and FECI in total factor productivity index, technical efficiency, and technical change. The study exhibited that all explanatory variables except profitability ratio and technical change cost had a positive impact on the employment level. Out of eight variables, four variables such as net of foreign equity capital, investment intensity, TFPCH, and technical efficiency change showed a positive impact on wages and salary ratio and rest of the four variables such as openness intensity, technology acquisition index, profitability ratio, and technical change had negative impact on wages and salary ratio. In this context, the profit ratio should be distributed as per the marginal rule of economics such as the marginal productivity of labour and capital.

scholarly journals Advertising Media Impact in Consumer Buying Behavior

2019 ◽  
Vol 8 ◽  
pp. 54-56
Author(s):  
Ashmita Dahal Chhetri
Keyword(s):  
Consumer Behavior ◽  
Young Male ◽  
Electronic Media ◽  
Buying Behavior ◽  
Media Impact ◽  
High Degree ◽  
The Impact ◽  
Buying Behaviors ◽  
The Relationship ◽  
Better Than

Advertisements have been used for many years to influence the buying behaviors of the consumers. Advertisements are helpful in creating the awareness and perception among the customers of a product. This particular research was conducted on the 100 young male and female who use different brands of product to check the influence of advertisement on their buying behavior while creating the awareness and building the perceptions. Correlation, regression and other statistical tools were used to identify the relationship between these variables. The results revealed that the relationship between media and consumer behavior is positive. The adve1tising impact on sales and there is positive and high degree relationship between advertising and consumer behavior. The impact on advertising of a product of electronic media is better than non-electronic media.

scholarly journals Locking down the Impact of New Zealand’s COVID-19 Alert Level Changes on Pets

Animals ◽  
2021 ◽  
Vol 11 (3) ◽  
pp. 758
Author(s):  
Fiona Esam ◽  
Rachel Forrest ◽  
Natalie Waran
Keyword(s):  
New Zealand ◽  
Separation Anxiety ◽  
National Surveys ◽  
Normal Life ◽  
Pet Owners ◽  
Level 1 ◽  
The Impact ◽  
Better Than

The influence of the COVID-19 pandemic on human-pet interactions within New Zealand, particularly during lockdown, was investigated via two national surveys. In Survey 1, pet owners (n = 686) responded during the final week of the five-week Alert Level 4 lockdown (highest level of restrictions—April 2020), and survey 2 involved 498 respondents during July 2020 whilst at Alert Level 1 (lowest level of restrictions). During the lockdown, 54.7% of owners felt that their pets’ wellbeing was better than usual, while only 7.4% felt that it was worse. Most respondents (84.0%) could list at least one benefit of lockdown for their pets, and they noted pets were engaged with more play (61.7%) and exercise (49.7%) than pre-lockdown. Many respondents (40.3%) expressed that they were concerned about their pet’s wellbeing after lockdown, with pets missing company/attention and separation anxiety being major themes. In Survey 2, 27.9% of respondents reported that they continued to engage in increased rates of play with their pets after lockdown, however, the higher levels of pet exercise were not maintained. Just over one-third (35.9%) of owners took steps to prepare their pets to transition out of lockdown. The results indicate that pets may have enjoyed improved welfare during lockdown due to the possibility of increased human-pet interaction. The steps taken by owners to prepare animals for a return to normal life may enhance pet wellbeing long-term if maintained.

scholarly journals Sustainable Investments in Responsible SMEs: That’s What’s Distinguish Government VCs from Private VCs

2021 ◽  
Vol 14 (1) ◽  
pp. 25
Author(s):  
Jeaneth Johansson ◽  
Malin Malmström ◽  
Joakim Wincent
Keyword(s):  
Decision Making ◽  
Investment Decisions ◽  
Societal Impact ◽  
Venture Capitalists ◽  
Decision Making Processes ◽  
Micro Level ◽  
Sustainable Investments ◽  
Private Venture ◽  
The Impact ◽  
Level Performance

Researchers question the impact of governmental venture capitalists (GVC) compared to private venture capitalists (PVC), but we know little about why this difference occurs and if this criticism is justified. We observed a group of GVCs and developed a new model that describes the way that GVCs process signals pre- and post-decisions. Certain macro level factors severely undermine micro level performance, causing GVCs to financially underperform with respect to PVCs. This helped us to understand that GVCs do not make investment decisions in the same way as PVCs, and what undermines the performance of GVCs’ decision-making processes. The main goals of GVCs are to promote investments in responsible SMEs, mobilizing societal impact. We discuss that the criticism of GVC needs to be more nuanced, as they have a different role than PVC in the financial system as providers of sustainable investments in responsible SMEs.

scholarly journals QiOi: Performance Isolation for Hyperledger Fabric

2021 ◽  
Vol 11 (9) ◽  
pp. 3870
Author(s):  
Jeongsu Kim ◽  
Kyungwoon Lee ◽  
Gyeongsik Yang ◽  
Kwanhoon Lee ◽  
Jaemin Im ◽  
...  
Keyword(s):  
Data Centers ◽  
Component Level ◽  
Isolation Technique ◽  
Cloud Data ◽  
Cpu Scheduling ◽  
Performance Isolation ◽  
Cloud Data Centers ◽  
A New Technique ◽  
The Impact ◽  
Level Performance

This paper investigates the performance interference of blockchain services that run on cloud data centers. As the data centers offer shared computing resources to multiple services, the blockchain services can experience performance interference due to the co-located services. We explore the impact of the interference on Fabric performance and develop a new technique to offer performance isolation for Hyperledger Fabric, the most popular blockchain platform. First, we analyze the characteristics of the different components in Hyperledger Fabric and show that Fabric components have different impacts on the performance of Fabric. Then, we present QiOi, component-level performance isolation technique for Hyperledger Fabric. The key idea of QiOi is to dynamically control the CPU scheduling of Fabric components to cope with the performance interference. We implement QiOi as a user-level daemon and evaluate how QiOi mitigates the performance interference of Fabric. The evaluation results demonstrate that QiOi mitigates performance degradation of Fabric by 22% and improves Fabric latency by 2.5 times without sacrificing the performance of co-located services. In addition, we show that QiOi can support different ordering services and chaincodes with negligible overhead to Fabric performance.

Platform Capitalism ‘Made in China’? Intelligent Manufacturing, Taobao Villages and the Restructuring of Work

2019 ◽  
Vol 24 (2) ◽  
pp. 199-217 ◽  
Author(s):  
Boy Lüthje
Keyword(s):  
Intelligent Manufacturing ◽  
Value Chains ◽  
Policy Recommendations ◽  
Employment Policy ◽  
Social Shaping Of Technology ◽  
Social Shaping ◽  
Made In China ◽  
The Impact ◽  
Conditions Of Employment ◽  
Made In

The article examines the development of advanced digital manufacturing (as outlined in the ‘Made-in-China 2025’ government plan) from the perspective of the changing socio-technical paradigms of production. The analysis focuses on the transformations of value chains and work, based on theories of social shaping of technology, regulation theory and regimes of production. Analytically, the author proposes to distinguish between ‘production-driven’ and ‘distribution-driven’ pathways of manufacturing digitalisation. The transformation of semi-rural industrial areas (‘Taobao villages’, named after China’s largest e-commerce platform Taobao) into mass production clusters for e-commerce is depicted as a paradigmatic model of distribution-driven transformation and as a characteristic Chinese strategy in this field. The article examines the impact on industry supply chains and work, leading to ever-more precarious conditions of employment. Policy recommendations focus on local strategies to stabilise supply chain structures and working conditions, as an alternative to the present top-down approaches to manufacturing modernisation in China.

The Impact of Between-Wave Engagement Strategies on Response to a Longitudinal Survey

2015 ◽  
Vol 57 (4) ◽  
pp. 533-554 ◽  
Author(s):  
Andrew Cleary ◽  
Nigel Balmer
Keyword(s):  
Longitudinal Survey ◽  
Longitudinal Surveys ◽  
Face To Face ◽  
Participant Engagement ◽  
Engagement Strategies ◽  
Design Attributes ◽  
New Research ◽  
The Impact ◽  
Better Than

Maintaining participant engagement in longitudinal surveys has been a key focus of survey research, and has implications for the quality of response and cost of administration. This paper presents new research measuring the impact of the design of between-wave keeping-in-touch mailings on response to the mailing and subsequent wave of a longitudinal survey. Three design attributes of the mailings were randomly implemented: the form of response request (whether respondents were asked to respond only if their address had changed, or in all cases to confirm or update their address); the newsletter included with the mailing (contrasting a newsletter with content tailored to respondent characteristics with a general newsletter and no newsletter); and the outgoing postage used (stamped or franked). The experiments were fielded on a new longitudinal study, the English and Welsh Civil and Social Justice Panel Survey (CSJPS), and took place between waves one and two. Fieldwork for both waves was conducted by Ipsos MORI face-to-face interviewers. Our main finding was that the tailored newsletter was associated with a significant increase in the wave-two response rate. However, in relation to response to the request, the tailored newsletter, or sending no newsletter at all, were equally effective at inducing response, and significantly better than the general newsletter. We also found that, in relation to the form of request, the ‘change of address’ request was as effective as the more costly ‘confirmation’ request. Findings are discussed with reference to the design of keeping-in-touch mailings for longitudinal surveys.

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