Global Business & Economics Anthology 

                          Volume I, December 2008

 

 

The Global Business & Economics Anthology is an international refereed publication, published

annually (December) by the Business & Economics Society International, with original papers selected

from the Society’s Conferences.

 

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ISSN: 1553-1392

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                                                                                  EDITOR:

                                                                          Demetri Kantarelis

                                          

                                                                             REVIEWERS:

                                                           (In Alphabetical Order)

 

Al-Hoory, Mothanna T.I.

Allen, David

Angresano, James

Anon Higon, Dolores

Ashford, Robert

Ayadi, Mohamed

Barac, Zeljana

Basar, Banu

Berg, Nathan

Bertrand, Jean-Louis

Bhaskar, Vashishta

Bildirici, Melike

Borrmann, Jorg

Boustras, George

Bragues, George

Bruna, Karel

Bubic, Jasenka

Burgess, Stephen

Cailleau, Thierry

Cantarella, Anthony

Clinton, Ide

Costa, Roberta

Daly, Shawn

Das, Kshiti B.

Daskou, Sofia

de Marcellis-Warin, Nathalie

De Mel, Sandy

Demediuk, Peter

Desmarais, Fabrice

Desmarais, Melanie

Didehvar, Fatemeh

Efstathiades, Andreas

Elger, Thomas

El-Wassa, Kamal A.

Evangelista, Felicitas

Ewang, Fritz

Faux, Jeffrey

Gentzoglanis, Anastasios

 

 

Gikas, Grigorios

Godinho, Pedro

Gripaios, Peter

Harman, Keith

Hart, Neil

Harun, Azhar

Hoffman, Sabine

Hogan, Warren

Holman, Robert

Hongcharu, Boonchai

Hyz, Alina

Islam, Mazharul

Joiner, Therese

Kolakovic, Marko

Konya, Lazlo

Kosmidou, Kyriaki

Koufopoulos, Dimitrios 

Kuenzel, Sven  

Kurihara, Yutaka

Lai, Ming Ling

Leitao, Nuno, C.

Leveson, Lynne

Li, Jiatao

Llorca, Matthieu

Lo, Hing-Po

Makris, Ilias

Mamudi, Mohit

Maniatis, Paraschos

Manolopoulos, Christos

Margret, Julie

Marks, Andrew

McKenzie, Brent

Moloney, Richard

Mowatt, Simon

O’Donovan, Gary

O’Neil, Charles

Oktay, Sadiye

Panday, Priniti

 

 

Papadopoulos, Theo

Paul, Sanjay

Petrochilos,.George

Petsas, Iordanis

Pires, Guilherme

Potocan, Vojko

Pranicevic, Daniela

Radder, Gerrit.

Rafferty, Michael

Rajagopal

Raju, V.

Rodgers, Timothy

Rose, Graeme

Roslak, Thomas

Salavrakos, Ioannis-Dionysios

Sell, Friedrich L.

Sellitto, Carmine

Springler, Elisabeth

Stanton, John

Stanton, Patricia

Stilwell, Frank

Tangas, Pericles

Tannous, Kathy

Tao, Yu-Hui

Teachout, Mark

Tetik, Nilufer

Topyan, Kudret

Umutlu, Mehmet

Van der Bank, Riana C.M.

Vemuri, Ram S.

Viswanathan, G

Vo, Xuan Vinh

Vuco, Tina

Wan, Allan

Weston, Rae

Whitefield, Despina

Wise, Victoria

Yan, Ho-don

Yeh, Rosa

 

 

   Global Business & Economics Anthology 

                Volume I, December 2008

 

 

     CONTENTS

 

 

INTERNATIONAL BUSINESS & ECONOMICS                                                               (Page Number)

 

Mapping Company Linkages: A Case Study.                                                                                           1

John Hobbs, Cork Institute of Technology, Ireland,

Richard Moloney, University College Cork, Ireland,

Michael Walsh, Cork Institute of Technology, Ireland.

 

FDI And Export Performance: Evidence From China’s High–Tech Products Export.                                9

             Kui-Yin Cheung, Lingnan University, Hong Kong.

 

Conflicts And Prospects Of International Marine Fishing Commerce: An Analysis                                     18

Of The Mexican Experience.

             Elsa Daniela Paniahua Reyes, Instituto Tecnologico y de Estudios Superiores

 de Monterrey, Mexico.

 

FDI In Turkey: An Analysis In Comparison With Some Selected Eastern European Countries.                 26

Mehmet Huseyin Bilgin, Kadir Has University, Turkey,

Hakan Danis, University Of Georgia, USA &

Ender Demir, Kadir Has University, Turkey.

 

FINANCE

 

Effects Of Working Capital Management On The Profitability Of Croatian Companies.                             32

Sandra Lončar & Marijana Ćurak, University Of Split, Croatia.

 

The Relationship Of Insurance And Economic Growth: Evidence From European Countries.

Marijana Ćurak & Sandra Lončar, University Of Split, Croatia.

 

ACCOUNTING

 

Comparison Study In Ethic And Ethical Principles Between Turkish Accounting                                        55

Practices And International Accounting Practices.

Seval Kardeş-Selimoglu, Anadolu University, Eskisehir/ Turkey &

Şaban Uzay, Erciyes University, Kayseri/ Turkey.

 

Using Benford's Law To Detect Earnings Management Practice: The Case                                               69

Of Listed Companies In Croatia.

Tina Vuko, University Of  Split, Croatia.

 

Fair Value Accounting In Finance Industry And Yield/Discount Curve                                                      76

Development – Case Study Croatia.

Zdravka Aljinović, University Of Split, Croatia,

Roberto Ercegovac, Societe Generale Splitska Banka Croatia &

Branka Marasović, University Of Split, Croatia.

 

MANAGEMENT

 

An Analysis Of Australian Community Based Organisations Website By Type,                                         86

Location And Website Feature.    
             Stephen Burgess & Scott Bingley, Victoria University, Australia.

 

Modelling The Innovation Process In The Cypriot Food And Drinks Industry.                                          102

A. Efstathiades, G. Boustras, R. Bratskas, A. Michaelides

European University Cyprus, Cyprus

RTD Talos Ltd, Nicosia, Cyprus.

 

Implementation Of Six Sigma In Garment Industry.                                                                                   116

El-Kateb S., El-Geiheini A., El-Hawary I. Alexandria University,

Faculty Of Engineering, Egypt.

 

Virtual Mentorship As An Advanced Method Of Knowledge And Experience                                          134

Sharing And Network Building.

Mislav Ante Omazić & Dario Blažeković, University Of Zagreb, Croatia.

 

The Effect Of Ethical Climate Dimensions On Organizational Identification.                                               143

Ela Ünler Öz, Bahcesehır Unıversıty, Istanbul-Turkey &

Füsun Bulutlar, Yedıtepe Unıversıty, Istanbul-Turkey.

 

MARKETING

 

A Review On Selected Hierarchy-Of-Effects (HOE) Models And                                                            154

The Way Forward.

Azizul Yadi Yaakop & Jane Hemsley-Brown, University Of Surrey, UK.

 

Marketing Management For Hot Springs Tourist Destination: A Case Study                                             161

Of Sankumpang Hot Springs, Chiangmai.

Warangkana Adisornprasert, Srinakharinwirot University, Thailand.

 

Exploring Potential Of Islamic Brand.                                                                                                       171

Siohong Tih, Universiti Kebangsaan Malaysia, Malaysia;

Rozhan Abu Dardak, Malaysian Agricultural Research and

Development Institute, Malaysia; &

Farzana Habib, Universiti Kebangsaan Malaysia, Malaysia.

 

HUMAN RESOURCES

 

The Relationship Between Organisational Culture And Organisational                                                       179

Commitment At A Selected Local Municipality In South Africa: Empirical Findings.

J. Van Stuyvesant Meijen, M. J. Louw, L. Louw & J. S. Baxter,
Rhodes University, South Africa.

 

Intellectual Human Capital And Its Social Investment.                                                                               191

Olga V. Danilova, Economics and Anti-crisis Management Department of the Federal

State’s Educational Institution of Higher Professional Education, Finance Academy under

the Government of Russian Federation, Moscow, Russia.

 

ENTREPRENEURSHIP

 

Cedar Point Communications: Innovative Entrepreneurs.                                                                          195

Michael A. Novak, University Of Massachusetts Boston, USA.

 

Determining The Cost Of Small Business Websites: Technique Or Crystal Ball?                                        202

Stephen Burgess, Victoria University, Australia.

 

The Essentials Of Logistics Management In Entrepreneurs’ Views: A Case Study                                     210

Of Small And Medium Enterprises In Textile And Garment Industry Of Thailand.

Petcharat Mesomboonpoonsuk, Srinakharinwirot University, Thailand.

 

ECONOMIC DEVELOPMENT

 

Globalizing Labour For Wealth Creation And Economic Development In                                                  222

West African Sub-Region.

               K. Adekunle Akanni, Olabisi Onabanjo University, Nigeria.

 

Underdevelopment Whirlpools.                                                                                                                228
              
Larisa S. Shakhovskaya & Yelena G. Popkova

                        Volgograd State Technical University, Russia.

 

INDUSTRIAL & REGIONAL ISSUES

 

Risk Perception and Collaboration Decisions In The Canadian                                                                 235

Biotechnology Industry.

Nathalie De Marcellis-Warin & Neil Hamzaoui,

École Polytechnique De Montréal and Cirano Montréal, Canada.

 

A Multidimensional Framework For Evaluating Leadership Learning And                                                 246

Development Opportunities.   

Mark S. Teachout, Daniel Dominguez & David G. Vequist IV

University Of The Incarnate Word, USA.

 

Tourism Potential Of Health Tourism Destination Raksawarin Hot Spring                                                  254

At Ampur Muang In Ranong Province.

Suwicha Komaladat, Srinakarinwirot University, Bangkok, Thailand.

 

Evaluation Of Potential Of The Shipbuilding Cluster In The Split-Dalmatia County                                    265

By SWOT Analysis And AHP Method.

Ivica Veža, Zoran Babić, Marko Hell & Nikša Nikolić,

University of Split, Croatia.

 

Strategy Of Competence Centers For Successful Enterprise Clusters Development.                                  272

               Ilva Rudusa & Irina Arhipova, Latvia University Of Agriculture, Latvia.

 

Modern Forms Of The Organization Of Innovational Process In The Agriculture                                       277

Of Russia.

               Galina Timofeyeva, Volgograd State University, Russia.

 

Economic Lobbying As The Way Of Economic Interests Of The Subjects                                                282

Of Management And The Consumers.

            Marina L. Alpidovskaya, Finance Academy Under The Government Of

The Russian Federation, Moscow.

 

EDUCATION ISSUES

 

Examining Financial Literacy Skills And Learning Opportunities for Australian University Students.            287

Whose Responsibility Should It Be?

            Robert Sims & Josephine Simone, Victoria University, Australia.

 

Institutional Development Of Higher Education System As A Basis For Innovative                                    299

Development Of The Russian Economy.

               E. G. Gushchina & E. I. Novakova,

Volgograd State Technical University, Russian Federation.

 

Cross Cultural Reflections On The Evaluation Of A Large Transnational Cooperative                                303

Business Education Program Developed By An Australian And A Chinese University.

   Mingyi Xie, Liaoning University, P.R, China &

   Robert Sims, Victoria University, Australia.

 

Emotional Intelligence And Academic Performance: Undergraduate Management Students                       315

At A Selected University In South Africa.

L Louw, N P Du Toit, L M Knowles & S N Matika,

Rhodes University, South Africa.


 

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