Factors Influencing KM Strategic Alignment in the Banking Sector

Author(s):  
Jafleh Hassan Al-Ammary

In today’s business environment, knowledge is increasingly recognized as the most important and valuable asset in organizations and a key differentiating factor in business. Therefore, many organizations are positioning themselves strategically based on their tangible and intangible internal resources, and their capabilities rather than on their products and services. However, in order for an organization to be successful in the exploitation of knowledge assets to drive competitive advantages, a holistic approach that spans Knowledge Management (KM), business strategy, and organizational and human factors should be used. The aim of this study is to investigate the effect of some factor on KM Strategic Alignment between KM and business strategy in the banking sector at Persian Gulf Countries. The results have indicated factors such as knowledge sharing, trust, openness to change, IT infrastructure and skills, and existence of CKO are strongly correlated to the strategic alignment between KM and business strategy. Thus, managers in the Persian Gulf banking sectors should adopt new rules using flexible organizational culture, reforming and redesigning their organizational structure, and incorporating an advanced information technology in their operations for competitive advantage.

Author(s):  
Dmitry G. Bachurin ◽  

The article discusses the legal aspects of supranational legal regulation of value added taxation in the Persian Gulf countries. The novelty of the research lies in the comparative aspect of the legal study of supranational law on the value-added tax in the Gulf countries, which allows formulating fundamentally new characteristics and interpretations that extend the theoretical and legal views on the legal mechanism of VAT, and analyzing the key provisions of the legal regulation of VAT of the states that are parties to the Common VAT Agreement. The issues of the Agreement for the countries of the Gulf Cooperation Council, as well as acts of national legislation on this tax, were studied. The analysis of the provisions of the Agreement allows concluding that the tax instrument this Agreement regulates can be classified as a type of neutral legal regulation of value-added taxation. Its peculiarity is that the country for one reason or another introduces VAT into the national tax system with minimal tax rates and continues to keep it at a low level that does not have a restraining effect on the development of its own industry. This is the reference point for the Common VAT Agreement for the countries of the Gulf Cooperation Council. The research shows that the supranational legislation of the Persian Gulf countries covers the most complex and fundamentally significant issues of legal regulation of value-added taxation, which developed taking into account the accumulated world experience in the administration of this tax. Conclusions have been obtained that the main direction of the adopted supranational legislation is the creation of a unified legal framework for the development of a coordinated legal regulation of VAT in each of the six Arab states of the Persian Gulf. The definitions of concepts that are crucial for VAT regulation are given, among which the following can be distinguished: reverse VAT accrual, input tax, deductible tax, net tax, mandatory registration threshold, voluntary registration threshold, and tax group. In the final part of the work, it is concluded that the second regional system of legal regulation of value-added taxation after the European one is being created, which begins its development on the basis of supranational legislation. Within its framework, the states that are parties to the Agreement shall organize administrative cooperation in the following areas: (1) exchange of information necessary for determining tax accuracy; (2) coordination of synchronized audit procedures and participation in audits; (3) assistance in tax collection and adoption of necessary procedures related to VAT collection.


2019 ◽  
Vol 34 (1) ◽  
pp. 1-27 ◽  
Author(s):  
Maheshwor Shrestha

Abstract This article reports on a randomized field experiment in which potential work migrants from Nepal to Malaysia and the Persian Gulf countries are provided with information on wages and mortality incidences at their intended destinations. It is found that, particularly for the group of potential migrants without prior foreign migration experience, the information changes their expectations of earnings and mortality risks abroad, which further changes their actual migration decisions. Using the exogenous variation in expectations, it is estimated that the elasticity of migration with respect to mortality rate expectation is 0.8, and the elasticity of migration with respect to earnings expectation is 1.1.


2018 ◽  
Vol 26 (4) ◽  
pp. 697-705
Author(s):  
Mehdi Afzali

Migration and international trade are two important dimensions of globalization. Migration plays an important role in development of countries. Immigrants send their remittances, ideas, innovation and investments to their home countries. Migrants can influence on countries’ trade, they are able to decrease the transactional costs for companies willing to trade. In this article has been tried to study the case of Iranian immigrants in Russia. We can see that Iranians have migrated mostly to developed countries such as USA, Europe, Australia, Canada and part of them have migrated to the Persian Gulf countries. And of course many of these immigrants have high levels of economic, human, social, and cultural potential, which can be used for social and economic development of the country. Iranians have migrated to two kinds of countries. First, those who are developed and second those with high income which have the potential of trade with Iran. When we look at these two groups they either migrated to American and European countries, which this group has a high educated and human capital background or they migrated to neighbor Persian Gulf countries that they have mostly strong economic backgrounds which increased the chance of trade. In this article Iranian businessmen have been interviewed and they have explained their roles in trade, and if they had any advantages in comparison with those in the home country.


2020 ◽  
Vol 13 (5) ◽  
pp. 158-180
Author(s):  
A. S. Bogacheva ◽  
I. E. Ibragimov ◽  
N. A. Kozhanov ◽  
S. O. Lazovskii ◽  
L. M. Samarskaia ◽  
...  

This article attempts to assess the impact of the coronavirus crisis on the situation both in the MENA region as a whole and in particular countries. Analysis of the dynamics of the main economic indicators showed that the region is undergoing a period of stagnation - a decrease in growth rates, a decline in business activity, and an increase in unemployment. At the same time, it should be noted that in most cases the pandemic did not generate, but only intensified the existing negative trends, which require structural transformations. Especially important is the fact that not only economically relatively weak states have suffered due to the pandemic, but also countries that traditionally rely on high revenues from hydrocarbon exports. The emerging crisis of the development model of the Persian Gulf countries is alarming. Another trend demonstrated by the second wave of the crisis was the rapid growth of political tensions in a number of countries, which could also lead to significant negative changes in the region.


Author(s):  
Liudmila V. Shkvarya ◽  
◽  
Sergey I. Rodin ◽  

He article presents an analysis of the socio-economic development of the GCC in 2000-2019 as the basis for the formation of a high-tech segment in the regional economy. The authors substantiate the necessity and possibility of high-tech development of the countries of the region and the remaining problems. The authors found that there are tangible achievements in the Persian Gulf countries, such as the emergence of high — and medium-tech industries. Their active development provides the GCC countries with relative stability in the economy and social sphere. The authors of this article note that the hydrocarbon segment still plays an important role in the implementation of the tasks of socio-economic development of the Persian Gulf countries, which, in the context of population growth, including the share of young people, requires new approaches to the formation of the economic structure from the countries of the region.


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