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Jan 30, 2019Open    AccessArticle

EPQ Policies Considering the Holding Cost of Raw Materials under Conditions of Two-Level Trade Credit and Limited Storage Capacity

Ghi-Feng Yen, Shy-Der Lin, An-Kuo Lee
The economic production quantity model is widely used as a decision making tool. However, climate change and energy supply instability have raised the transport costs of raw materials, thereby affecting production costs. Therefore, this paper presents a new model that considers the holding costs of raw materials under conditions of two-level trade credit and limited storage capacity. Four theorems are developed to characterize the

Nov 30, 2018Open    AccessArticle

The Effect of Board of Directors Characteristics on Firm’s Financial Performance: An Empirical Study on the Most Active Firms in the Egyptian Stock Exchange

Ashraf Mohamed Abdel Atty, Mohamed Moustafasoliman, Amr E. Youssef
This paper seeks examining the effect of Board of Directors Characteristics on firm’s financial performance in Egypt, using a sample of 50 more active Egyp-tian companies listed on the Egyptian Stock Exchange of the non-financial sector covering the period of three financial years from 2012 to 2017. Board of Directors Structure is represented by CEO Duality, Board Size, Board Meet-ings, Independence board members and Gender Divers

Nov 20, 2018Open    AccessArticle

Factors Influencing Credit Decision for Lending SMEs: A Case Study on National Bank of Egypt

Ekhaa Boushnak, Mohamed A. Rageb, Aiman A. Ragab, Ahmed M. Sakr
Small and Medium Enterprises (SMEs) play a vital role in the global economy. It had a major part in creating jobs and as a source of social sta-bility, either there is major contribution for SMEs in Egypt as it faces great economy challenges that need cooperation from all parties. However, access to finance is still one of the greatest obstacles facing SMEs all over the world and prevents them from developing. This re

Nov 14, 2018Open    AccessArticle

Analysis on the Structure and Competitiveness of Shaanxi’s Manufacturing Industry—Based on SSM Analysis

Bingzhou Wen, Jiaoyang Du
This paper focuses on the manufacturing industry in Shaanxi Province, and se-lects 2003-2016 as the whole period of the study. In this paper, SSM analysis is used to reveal the comprehensive situation of the overall manufacturing indus-try and 17 specific industries in Shaanxi Province. On this basis, in order to ensure that the research results are more illustrative, the whole interval is di-vided into three annual intervals. The

Jul 24, 2018Open    AccessArticle

Analysis on Financial Risk Control of Network Financing Platform — Based on the Case of Honglingchuangtou

Lixian Zhang, Wenjuan Mao
With the further development of large data and cloud computing in the network technology, the Internet platform is intersecting with the financial industry. The Internet financial platform had developed into the main body of the market economy, and more and more enterprises finance through the Internet media. Network financing is widely used by small and medium enterprises because it reduces the cost of fi

May 31, 2018Open    AccessArticle

Gabon Wood Industry and Chinese Companies Activities

Aba’a Ondo Yoan, Yongji Xue, Mesmin Junior Mbyamm Kiki
The investments made by the Asian companies, in particular, the Chinese companies in the forestry sector in Gabon over the past fifteen years, appear each day more and more important. These companies are indeed specialized in the buyout of multinationals, permit or to Gabonese capital and companies in the business of “farming” with forest concessions of national operators. In this paper, we are going to a

Feb 26, 2018Open    AccessArticle

Brief Analyses of Technical Barriers to Trade— Based on the Case of Lighters in Wenzhou

Xianping Yuan, Yuanyuan Zhang
Since China joined the world trade organization, trade friction causes of technical barriers to trade has increased year by year. In recent years, Chinese enterprises face trade disputes continuously increase in number and type, this is the inevitable result of the development of international trade, China export structure and other special factors related to system level. Relevant enterprises should adopt correspondin

Oct 27, 2017Open    AccessArticle

Investigating the Determinants of Innovation According to Radical and Incremental Attributes

Chieh-Heng Ko
In today’s competitive environment, firms cannot remain competitive without the implementation of proper innovations. There has been a dramatic proliferation of research concerned with firms’ innovation, but few study has been done on determinants of innovation, particularly in hotel industry. Therefore, the aim of this study is to explore the main determinants of innovation applied in the hotel industry and investigate the influe

Sep 27, 2017Open    AccessArticle

Competitive Advantage of Yemeni Export in the US Market

Saleh Mothana Obadi
This paper explores competitive advantage of Yemeni export in the market of the USA. Yemen has been placed under a special situation since the “Arab Spring” in 2011; therefore, our analyses study the eleven years prior to the war, between 2000 and 2011, and employ 2-digit SITCs to identify the various products for the selected study period. Balassa’s index has been utilized to measure revealed competitive advantage (RCA). This app

Aug 10, 2017Open    AccessArticle

The Impact of Financial Development on Economic Growth in Zimbabwe: Comparative Analysis of Stock Markets and Commercial Banks

Lifa Maposa, Francis Mulenga Muma
The purpose of this paper is to examine the relationship between financial development—bank and stock market—and economic growth in Zimbabwe. Using data during the period from 2005 to 2013, the study employed a VECM for the short run Controls variables. This offers a possibility of applying VAR in order to use integrated multivariate time series and avoid spurious regression as the interest rates appear to have long run positive i