scholarly journals Privatisation of a socialist mall in Sarajevo

2021 ◽  
Vol XXII (2021) ◽  
pp. 21-39
Author(s):  
Mehdi Belasri
Keyword(s):  
Bosnia And Herzegovina ◽  
Public Authorities ◽  
Shopping Centre ◽  
Private Investors ◽  
Private Actors ◽  
The Relationship ◽  
Term Analysis

This article focuses on the transformation of post-socialist cities through the prism of consumption with the case of BBI Centar, a shopping centre located in Sarajevo, Bosnia and Herzegovina. This paper attaches great importance to long-term analysis and retraces the evolution of this place from the construction of the first mall in 1974 to the construction of the current one in 2009. This manuscript’s aim is to discuss the notion of post-socialism through consumption, focusing on the place of private actors in the socialist and post-socialist cities and on the relationship between private investors and public authorities in a context of privatisation

The Responsibility to Protect and Infrastructure in Myanmar

2020 ◽  
Vol 12 (1) ◽  
pp. 86-114
Author(s):  
Emma Palmer
Keyword(s):  
Responsibility To Protect ◽  
Social Infrastructure ◽  
Careful Planning ◽  
Foreign Investors ◽  
Social And Economic Development ◽  
National Capacity ◽  
Prevention Activities ◽  
Private Investors ◽  
Private Actors ◽  
The Relationship

The responsibility to protect norm has been associated with prevention activities such as national capacity building. There has also been recognition that social and economic development may have a relationship to this principle. Physical and social infrastructure is said to contribute to development and may be delivered by private actors, including via partnerships between the state and foreign investors, donors and institutions. However, the role that private investors play in relation to responsibility to protect activities remains unclear. This article explores the relationship between private actors, infrastructure and the responsibility to protect in the context of Myanmar. It argues that considering these topics together presents opportunities and risks, since infrastructure might help to prevent atrocities, but can also — as in Myanmar — contribute to their commission. Careful planning and consultation are crucial when funding and managing infrastructure projects, supported by laws, guidelines, and the concepts of responsibility and prevention.

scholarly journals Statistical Analysis of Causality between Capital Structure and Firm Profitability: Evidence from Bosnia and Herzegovina

2015 ◽  
Vol 1 (1-2) ◽  
pp. 1-11
Author(s):  
Emina Resić ◽  
Jasmina Mangafić ◽  
Tunjo Perić
Keyword(s):  
Capital Structure ◽  
Bosnia And Herzegovina ◽  
Canonical Correlation ◽  
Debt Structure ◽  
Short Term ◽  
The Relationship ◽  
Structure Choice ◽  
Capital Structure Choice ◽  
The Capital Structure

Abstract This research is designed to examine the relationship between the capital structure and profitability of non-financial firms in Bosnia and Herzegovina during the ten years period, from 2003-2012. The goal is to prove the existence of the relationship between the firm’s capital structure choice and its profitability. The analysis is extended by including the debt structure and differentiating between the types of debt such as the long-term and the short-term ones. Canonical correlation and multiple regression analysis are used. The results of the multivariate canonical correlation analysis provide support to a hypothesis that the capital structure and profitability have statistically significant relationships. Furthermore, the findings provide support that firms develop different patterns of profitability depending on the capital structure choice. We found that an increasing proportion of short-term debt and long-term debt in the overall liability of the firm reduces its profitability.

scholarly journals The Need to Approach the Management of the Tourist Destination by the Central and Local Public Authorities in Romania

2017 ◽  
Vol 12 (3) ◽  
pp. 141-158
Author(s):  
Virgil Nicula ◽  
Simona Spânu
Keyword(s):  
Professional Associations ◽  
Living Standards ◽  
Social Categories ◽  
Tourist Destination ◽  
Public Authorities ◽  
Economic Agents ◽  
Long Run ◽  
Anthropogenic Resources ◽  
Private Investors

Abstract In the medium and long term, priorities in the development of tourism aim to develop a complex tourist offer, making the most of the natural and anthropogenic resources existing in connection with the preservation of the environment and the heritage. On the long run, it will contribute to raising the living standards of the population, especially social categories with lower chances of reintegration into the labour market (people made redundant in industry, elderly people etc.). Implementation of the strategy at regional level must be achieved through an active partnership between Romanian public authorities, economic agents and private investors, with the involvement of the federation of employers in the sector and of the professional associations.

Financialization of government debt? European government debt management approaches 1980–2007

2016 ◽  
Vol 21 (1) ◽  
pp. 27-44 ◽  
Author(s):  
Jenny Preunkert
Keyword(s):  
Government Debt ◽  
Debt Management ◽  
Common Currency ◽  
Public Authorities ◽  
Currency Area ◽  
The Common ◽  
Management Approaches ◽  
Private Investors ◽  
The Relationship

The aim of this article is to explore the strategies European government debt managers used in response to the growing demand for credit by governments since the 1980s and how the introduction of the common currency area influenced the nature of government debt management. The analysis indicated that in the 1980s, a paradigm shift emerged as bilateral debt relationships became negligible, while the role of financial market principles became much stronger. A financialization of the relationship with private investors took place, although still highly regulated. The introduction of the euro resulted not only in the new European rules but also in the financialization of the regulatory framework. The participating governments lost the privilege to encapsulate their markets. Because of these two processes, managing government debt in the common currency area meant developing a strategy to successfully issue in a transnational market without support from public authorities at least until the crisis.

scholarly journals Modeling the relationship between utilities and partners

2021 ◽  
pp. 17-28
Author(s):  
Oleksiy О. Topchiy
Keyword(s):  
Service Providers ◽  
Public Private Partnership ◽  
The State ◽  
Enterprise Management ◽  
Public Authorities ◽  
Private Partnership ◽  
Advantages And Disadvantages ◽  
Organizational Mechanism ◽  
Private Investors ◽  
The Relationship

The purpose of the article is to study the features of modelling the relationship between utilities and partners. Methodology. General scientific methods are used in the research, in particular, generalizations, comparisons – to analyse the views of scientists on modelling the relationship between utilities and partners, indicating the main forms of public-private partnership, the advantages and disadvantages of their use. Results. It is proved that the relationship between the state and business today is extremely strategically important for the state in the formation of sustainable development goals. Building effective relationships in housing and communal services will be a success for effective activities and will satisfy all participants: the state, business and the population. It is proved that in modern conditions, housing and communal services is a complex hierarchical system that combines many separate subsystems and has the characteristics of a spatial economy, i.e. regional structure and scale. The analysis of the legal and regulatory framework shows that there are only three players in the market of housing and communal services: managers, service providers and consumers. Also, there are various opportunities to establish partnerships with most existing stakeholders, including the use of public-private partnerships in housing and communal services. It is investigated that among the widespread variants of private capital raising in the communal sphere the following basic forms are identified: contract for works, contract for enterprise management, lease, concession, privatization. Thus, local public authorities have the opportunity to transfer utilities in concession or lease to private investors. However, this has not become a common practice due to the complexity of their organizational mechanism. Practical meaning. It is proved that the most effective form of public-private partnership for housing and communal services is a concession – the process of granting, in order to meet public needs by an authorized executive body or local government, concluding a contract on a paid and fixed basis, the concessionaire ) management of the concession object, on the terms of property liability by the concessionaire and possible division of business risk. Prospects for further research. The need to study the advantages and disadvantages of other forms of public-private partnership in housing and communal services.

Multi-Center Calibration of the Second Reference Material for Thromboplastin, Rabbit, Plain, Coded CRM 149R

1991 ◽  
Vol 65 (03) ◽  
pp. 263-267 ◽  
Author(s):  
A M H P van den Besselaar ◽  
R M Bertina
Keyword(s):  
Reference Material ◽  
Standard Error ◽  
Standard Errors ◽  
Sensitivity Index ◽  
Long Term Stability ◽  
Significant Bias ◽  
The Mean ◽  
The Relationship ◽  
International Sensitivity Index

SummaryIn a collaborative trial of eleven laboratories which was performed mainly within the framework of the European Community Bureau of Reference (BCR), a second reference material for thromboplastin, rabbit, plain, was calibrated against its predecessor RBT/79. This second reference material (coded CRM 149R) has a mean International Sensitivity Index (ISI) of 1.343 with a standard error of the mean of 0.035. The standard error of the ISI was determined by combination of the standard errors of the ISI of RBT/79 and the slope of the calibration line in this trial.The BCR reference material for thromboplastin, human, plain (coded BCT/099) was also included in this trial for assessment of the long-term stability of the relationship with RBT/79. The results indicated that this relationship has not changed over a period of 8 years. The interlaboratory variation of the slope of the relationship between CRM 149R and RBT/79 was significantly lower than the variation of the slope of the relationship between BCT/099 and RBT/79. In addition to the manual technique, a semi-automatic coagulometer according to Schnitger & Gross was used to determine prothrombin times with CRM 149R. The mean ISI of CRM 149R was not affected by replacement of the manual technique by this particular coagulometer.Two lyophilized plasmas were included in this trial. The mean slope of relationship between RBT/79 and CRM 149R based on the two lyophilized plasmas was the same as the corresponding slope based on fresh plasmas. Tlowever, the mean slope of relationship between RBT/79 and BCT/099 based on the two lyophilized plasmas was 4.9% higher than the mean slope based on fresh plasmas. Thus, the use of these lyophilized plasmas induced a small but significant bias in the slope of relationship between these thromboplastins of different species.

Risk Attitude and Corporate Investment under Output Market Uncertainty: Evidence from The Mekong River Delta, Vietnam

2016 ◽  
pp. 59-70
Author(s):  
Ninh Le Khuong ◽  
Nghiem Le Tan ◽  
Tho Huynh Huu
Keyword(s):  
Negative Relationship ◽  
Risk Attitude ◽  
Business Strategies ◽  
Risk Averse ◽  
Market Uncertainty ◽  
Firm Investment ◽  
Output Market ◽  
The Impact ◽  
The Relationship

This paper aims to detect the impact of firm managers’ risk attitude on the relationship between the degree of output market uncertainty and firm investment. The findings show that there is a negative relationship between these two aspects for risk-averse managers while there is a positive relationship for risk-loving ones, since they have different utility functions. Based on the findings, this paper proposes recommendations for firm managers to take into account when making investment decisions and long-term business strategies as well.

Sign in / Sign up

Export Citation Format

Share Document