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Criminal Justice and Economics of Crime
By Ion Ristea © 2011. Addleton Academic Publisher
Economics, Management, and Financial Markets, Volume 6, Issue 3
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4 views | Related Articles |
215-220 Page(s)
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Abstract
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The paper generates insights about the shifting nature of the criminal
law, the nature and use of criminal trials, the changing role of the criminal law in the
modern state, and the role of the criminal law. The mainstay of the paper is formed
by an analysis of the jurisprudence of rights, the existing state of constitutional theory
and practice, the basic principles of political right, and the enforcement of public
morality. |
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Keywords
substantive criminal law, trial, jurisprudence of rights
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The Consequences of Bureaucratic Power in the Policymaking Process
By Luminita Ionescu © 2011. Addleton Academic Publisher
Economics, Management, and Financial Markets, Volume 6, Issue 3
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2 views | Related Articles |
209-214 Page(s)
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Abstract
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The purpose of this article is to describe the findings from this review
and to discuss implications and future directions for corporate and bureaucratic power
within the capitalist enterprise, understanding how the performance of bureaucracy
arise out of politics, social and moral costs of bureaucratization, rational bureaucracy
as the dominant organizational form, and the merits and possibilities of bureaucracy.
The results of the current study converge with prior research on the systemic tension
between the political and the bureaucratic, the ethics of bureaucratic conduct, the
professional role of state bureaucrats, and the nature and extent of political influence
on bureaucratic action. |
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Keywords
corporate and bureaucratic power, political influence, policymaking
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The Growth of the Green Economy
By Constantin Zaharia, Nicolae Tudorescu and Ioana Zaharia © 2011. Addleton Academic Publisher
Economics, Management, and Financial Markets, Volume 6, Issue 3
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3 views | Related Articles |
203-208 Page(s)
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Abstract
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The purpose of this article is to gain a deeper understanding of the
market share for green products, the characteristics of the green consumers, the
green dimension of products, and the market for green products. The theory that we
shall seek to elaborate here puts considerable emphasis on the growing importance
of going green as a viable organizational strategy, the market for green products, the
cyclical nature of green marketing, and the key factors of firms green marketing
motivation... |
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Keywords
market for green consumers, purchase behaviors, developing countries
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Economic Consequences for Firms Cost of Capital
By Florin Coman © 2011. Addleton Academic Publisher
Economics, Management, and Financial Markets, Volume 6, Issue 3
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197-202 Page(s)
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Abstract
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We are specifically interested in how previous research investigated
the link between earnings/information quality and cost of equity capital, the relation-
ship between discretionary accruals quality and cost of capital, the market process
that determines cost of capital and allocates risk, and the relation between disclosure
quality and cost of capital. This paper seeks to fill a gap in the current literature by
examining the cost of capital for companies in regulated sectors, the nominal cost of
capital that derives from market interest rates, the growth model of cost of equity,
and the implicit or opportunity cost of capital. |
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Keywords
cost of equity capital, financial distress, disagreement
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The Flexibility Demands of Globalized Labor Markets: Active Labor Market Policies in a Flexicurity System
By Anica Iancu, Luminita Florentina Popescu and Virgil Daniel Popescu © 2011. Addleton Academic Publisher
Economics, Management, and Financial Markets, Volume 6, Issue 3
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191-196 Page(s)
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Abstract
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This paper presents a review of the literature on negative impacts of
labor regulation, the economic effects of labor laws, the role of labor regulations in
improving workers welfare, the risks workers encounter in the labor market, and the
potential benefits of labor regulation. This paper aims to analyze and discuss insti-
tutionalized patterns of labor market and occupational entry, new challenges for labor
market regulation, the way labor laws interact with the economy, the operation of
labor laws, and the economic impact of labor legislation... |
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Keywords
labor regulation, occupational entry, flexicurity system
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Market Power in the Food Industry
By Natalita Maria Sperdea, Madalina Giorgiana Mangra, Constantin Cojocaru and Celencovic Ljubisav © 2011. Addleton Academic Publisher
Economics, Management, and Financial Markets, Volume 6, Issue 3
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185-190 Page(s)
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Abstract
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The theory that we shall seek to elaborate here puts considerable emphasis
on the diverse nature of food products, the increasing volatility of the food market-
place, the competitive nature of food marketing, the food processing and packaging
industries, and environmental threats to the food economy. This paper presents the
results of a survey illustrating the growth in food output, the availability of afford-
able food, key facets of the global food economy, shifting patterns of food consumption,
and the variability in food production. |
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Keywords
global food economy, processing and packaging industries
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Mergers, Acquisitions, and External Growth
By Andreea Danescu © 2011. Addleton Academic Publisher
Economics, Management, and Financial Markets, Volume 6, Issue 3
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4 views | Related Articles |
179-184 Page(s)
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Abstract
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The theory that we shall seek to elaborate here puts considerable
emphasis on differences in firm-level stock returns, and valuation differences between
acquiring and target firms. This study is grounded in the considerable body of scholar-
ship examining the impact of exchange rate return differences on merger volume, and
the predictable component of acquirers market-to-book. |
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Keywords
acquiring and target firms, country-level stock market
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Knowledge Communities in Digital Democracy and the Interaction-Based Nature of Journalism
By George Lazaroiu © 2011. Addleton Academic Publisher
Economics, Management, and Financial Markets, Volume 6, Issue 3
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172-178 Page(s)
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Abstract
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The main objective of this paper is to explore and describe knowledge
communities and collaborative work in digital democracy, the role of media in a
democratic society, the blurring of the news–entertainment boundaries, the routini-
zation of news practice, and the impact of internal processes and practice on media
discourse. In sum, the results of the current study provide useful insights on factors
shaping the growing commercialization of the media, the language of the news media,
the impact of the news process on media discourse, the processes behind news
reporting, and journalisms role in relation to language style. |
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Keywords
knowledge communities, collaborative work, new media
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On Management in Criminal Justice
By Ion Ristea © 2011. Addleton Academic Publisher
Economics, Management, and Financial Markets, Volume 6, Issue 3
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166-171 Page(s)
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Abstract
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The mainstay of the paper is formed by an analysis of the moral
moorings of the substantive criminal law, the basic moral norms embodied in the
criminal law, and the legitimacy of the law. The findings of this study have im-
plications for the fairness and rationality of substantive criminal law rules, the nature
of the harms of crime, and the utility of the restorative process. |
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Keywords
substantive criminal law, constitutional law, moral norms
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The Evolving Process of the Knowledge-Oriented Economy
By Constantin Zaharia, Nicolae Tudorescu, Ioana Zaharia and George Cristinel Zaharia © 2011. Addleton Academic Publisher
Economics, Management, and Financial Markets, Volume 6, Issue 3
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160-165 Page(s)
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Abstract
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This study is grounded in the considerable body of scholarship examin-
ing the progress in business knowledge, the process of entrepreneurship in the knowl-
edge domain, the production of new knowledge, the potential of the knowledge-based society, and the development and use of knowledge. This paper presents the
results of a survey illustrating the process of knowledge creation, the advent of the
knowledge economy, the power of knowledge to forge the economy, the creative
components of the knowledge economy, and the interpretation of process-relevant
knowledge. |
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Keywords
business knowledge, economy, entrepreneurship, global corporatism
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How Does Information Asymmetry Manifest in the Cost of Capital?
By Florin Coman © 2011. Addleton Academic Publisher
Economics, Management, and Financial Markets, Volume 6, Issue 3
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154-159 Page(s)
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Abstract
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Our analysis complements the growing literature on the cost of capital
effects of asymmetric information risk, the role of information asymmetry on the cost
of capital, and the relevance of the cost of capital. The paper generates insights about
the association between information risk and the cost of capital, the determination of
the cost of capital, and the effect of changes in the cost of capital. |
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Keywords
cost of capital effects, information asymmetry, equity
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The Role of Bureaucratic Regulation in Managing the Economy
By Luminita Ionescu © 2011. Addleton Academic Publisher
Economics, Management, and Financial Markets, Volume 6, Issue 3
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3 views | Related Articles |
148-153 Page(s)
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Abstract
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This paper aims to analyze and discuss the relationship between politics
and administration within the bureaucracy, the sources of bureaucratic power, the
level of politicization of the public bureaucracy, the weaknesses and inefficiencies
of bureaucracy, and the values of formalized bureaucracy. Scholarly research reveals
strong correlations between the political theory of bureaucratic organization, the
structural details of bureaucracy, political control of the bureaucracy, the decision-making environment faced by bureaucrats, and administrative procedures as instruments
of political control of the bureaucracy. |
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Keywords
bureaucratic power, administrative procedures, economy, politics
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Testing Long Memory in Stock Returns of Emerging Markets: Some Further Evidence
By Gourishankar S. Hiremath and Bandi Kamaiah © 2011. Addleton Academic Publisher
Economics, Management, and Financial Markets, Volume 6, Issue 3
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136-146 Page(s)
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Abstract
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The purpose of this paper is to examine the issue of long memory
stock returns of emerging markets. The study carries out a biased reduced semi-parametric test to detect long memory in mean process. The results suggest no strong
evidence of long memory in mean process of stock returns both in emerging and
developed markets. The results are in contrast with earlier studies, which conclude
that emerging markets in general characterized by long memory process. Hence,
long memory is not a peculiar characteristic of emerging markets but appear to be
stylized fact of asset returns irrespective of stage of development of the market... |
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Keywords
long memory, volatility persistence, mean-reversion, semi-parametric test, hyperbolic decay, market efficiency, emerging markets
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Determining Gender Equity in Fiscal Federalism: Analytical Issues and Empirical Evidence from India
By Lekha S. Chakraborty © 2011. Addleton Academic Publisher
Economics, Management, and Financial Markets, Volume 6, Issue 3
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112-134 Page(s)
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Abstract
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Despite the policy realms growing recognition of fiscal devolution in
gender development, there have been relatively few attempts to translate gender
commitments into fiscal commitments. This paper aims to engage in this significant
debate, focusing on the plausibility of incorporating gender into financial devolution,
with the Thirteenth Finance Commission of India as backdrop. Given the disturbing
demographics - the monotonous decline in the juvenile sex ratio, especially in some
of the prosperous states of India - there can be no valid objection to using Finance
Commission transfers for this purpose... |
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Keywords
fiscal decentralization, federalism, fiscal transfers, gender
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Organizational Routines: A Review and Outlook on Practice-Based Micro-Foundations
By Nina Katrin Hansen and Rick Vogel © 2011. Addleton Academic Publisher
Economics, Management, and Financial Markets, Volume 6, Issue 3
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86-111 Page(s)
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Abstract
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The literature on routines in management and organization studies has
witness a tremendous growth in the course of the last 25 years. We review this
literature by conducting a co-citation analysis of 743 documents published by scholars
in academic journals. Our results indicate three distinctive, yet interrelated, schools
of thought which have mainly been advanced in nine core journals: Organization
Theory, Competence Theory and Practice Theory. We outline each of these schools
and discuss how they address micro-foundations of organizational routines... |
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Keywords
bibliometrics, co-citation analysis, journals, micro-foundations, organizational capabilities, organizational routines, two-mode network
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