Global Business & Economics Anthology 

                         Volume II, 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 annual Conference.

 

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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 II, December 2008

 

 

 CONTENTS

         

INTERNATIONAL BUSINESS                                                                                             (Page Number)

 

Intra Industry Trade In The Australian Manufacturing Sector: An Industry Approach.                                1

               Andrew Marks, University Of Western Sydney, Australia.

 

An Evaluation Of Monetary Policy Responses To Capital Flows.                                                             13

               Yutaka Kurihara, Aichi University, Japan.

 

Local Versus Network Embeddedness And Its Influence Within Different Roles                                       25

Of Subsidiaries.

               Harald Stummer, Victoria Hoess & Roland Staudinger,

               University For Health Sciences, Medical Informatics And Technology,

Tirol, Austria.

 

FINANCE

 

Predicting International Banks’ Ratings With Financial Ratios                                                                    34

Roman Matousek & Chris Stewart, London Metropolitan University, UK.

 

An Analysis Of Foreign Banks Financial Performance In The UK                                                             42

               Abdelhafid Benamraoui, University Of Westminster, UK.

 

The Influence Of Transition And Financial Liberalization On Transfer Of Knowledge                                54

In Croatia.

Ana Rimac Smiljanić, Domagoja Buljan Barbača & Damir Baran,

               University Of Split, Croatia.

 

ACCOUNTING

 

Flexible Manufacturing Strategies, Performance Measurement Systems                                                     63

And Organizational Performance: Evidence From Australia.

X. Sarah Yang Spencer, Therese A Joiner, La Trobe University, Australia, &

Steve Bakalis, Victoria University, Australia.

 

Accounting Information Systems For Management Decisions: Empirical Research                                     74

In Croatia.

Vlasta Roska, Total Balance LTD, Croatia; &

Jasenka Bubic, University Of Split, Croatia.

 

Financial Reporting Standards In Function On Business Continuity - Empirical                                          86

Research In Croatia.

Jasenka Bubic, University Of Split, Croatia &

Vlasta Roska, Total Balance LTD, Croatia.

 

MANAGEMENT

Global Supply Chains As Dynamic, Complex Adaptive Systems.                                                              100

M. B. Neace, Mercer University, USA.

 

E-Participation In Local Government Decision Making: Case Study Of Slow                                            112

Thinking And Big Action.

Peter Demediuk, Victoria University, Australia; &

Rolf Solli, Goteborg Research Institute, Sweden.

 

The Role Of Citizens In Local Government Decision Making.                                                                   119

Peter Demediuk, Victoria University, Australia.

 

Logistics Industry: Global And Indian Perspectives.                                                                                  130

Subrata Mitra, Indian Institute Of Management Calcutta, India.

 

Keiretsu: The Ubiquitous Power Of Supply Chain.                                                                                   139

M. Reza Vaghefi & Louis A. Woods,

Coggin College Of Business University Of North Florida, USA.

 

MARKETING

 

What Do Personal Goals And Values Tell Marketers?                                                                             153

Katalin Eibel-Spanyi, Eastern Connecticut State University, USA

Agnes Hofmeister Toth, Corvinus University of Budapest, Hungary

 

The Relevance Of Minority Ethnic Groups For Marketing: A Research Framework.                                 161

Guilherme Pires, University Of Newcastle, Australia;

John Stanton, University Of Western Sydney, Australia; &

Patricia Stanton, University Of Newcastle Australia.

 

HUMAN RESOURCES

 

An Economic Analysis Of Training For The High Technology Industry In Austin,                                      170

Texas In The 1990s.

Dan Dabney, St. Edward’s University In Texas, USA; &

Hasnat Dewan, Thompson Rivers University, Canada.

 

An Analysis Of Dual Commitment Among Contract Workers In The                                                        182

Australian Construction Industry.

Lynne Leveson & Terri Joiner, La Trobe University, Australia.   

 

ECONOMIC DEVELOPMENT & CAPITALISM

 

Economic Growth, Equity And Race In Sri Lanka.                                                                                   192

Sarath Divisekera, Victoria University, Australia.

 

R&D And Innovation In Brazil.                                                                                                                203

Maria Cristina Ortigão Sampaio Schiller, IBMEC/ RJ,  Brazil.

 

The Effects Of Global Warming On The Agricultural Yield.                                                                      215

Hasan Durucasu, Şenay Lezki & Duygu Çoşkun

Anadolu University, Turkey.

 

Impact Of Consumption Models’ Change On Sustainable Development In Romania.                                223

Cristina Coculescu, Ovidiu Solomon, & Adam Altar-Samuel

Romanian-American University, Bucharest, Romania.

Poverty Level In Russia.                                                                                                                          229

Galina P. Litvintseva, Elena A. Stukalenko & Olga V. Voronkova

Novosibirsk State Technical University, Russia.

 

The Transformation Of Political Economy As An Intellectual Tool Of                                                        237

Analyzing Capitalistic Crisis Across Time.

Ioannis-Dionysios Salavrakos, University Of Ioannina, Greece.

 

MACROECONOMIC & MONETARY ISSUES

 

Foreign Banks And Credit Stability: Evidence From Malaysia.                                                                  257

Roza Hazli Bt Zakaria, University Of Malaya, Malaysia.

 

Conceptualizing The Shadow Financial System In A Stock-Flow Consistent                                             268

Accounting Framework.

Marc Pilkington, University Of Nice Sophia Antipolis, France.

 

Bulgaria - On The Road To The EMU With A Currency Board System.                                                  280

Silvia Trifonova, University of National and World Economy – Sofia, Bulgaria.

 

INDUSTRIAL ORGANIZATION & REGIONAL ISSUES

 

Factors Affecting Firms’ Performance: An Empirical Analysis On Greek Industry.                                     296

Ilias Makris, Kalamata’s Technological Institute & University Of Patras, Greece.

 

Access To Finance Of Croatian SMES.                                                                                                   304

Marko Kolakovic, Bojan Moric Milovanovic & Mladen Turuk

University Of Zagreb, Croatia.

 

Influence Of Corporate Entrepreneurship On The Performance Of Croatian                                             312

Large Companies.

Marko Kolakovic, Boris Sisek & Bojan Moric Milovanovic

University of Zagreb, Croatia.

 

Modelling Regional Demand For Tourism Services: An Analysis Of Regional                                            318

Demand For Domestic Tourism In Australia.

Sarath Divisekera, Victoria University, Australia.

 

Reducing Disparities As One Of The European Union Goals – Example Of Latvia.                                   327

Elita Jermolajeva, Daugavpils University, Latvia.

 

EDUCATION ISSUES

 

Returns To Education: New Evidence Of Instrumental Variable Using                                                       334

Malaysian Data.

   Ramlee Ismail, UPSI, Malaysia, David N.F. Bell, Sterling, University, UK.

 

Character Cultivation In Higher-Education Institution—A Case Study Of                                                  345

Tatung University.

Ya-Wen Hsueh, Tatung University, Taiwan, R.O.C.

 

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