BUSINESS & ECONOMICS

                   SOCIETY INTERNATIONAL

 

 

      2004 ANTHOLOGY ORDER FORM

 

           Title: Global Business & Economics Review - Anthology 2004

 

           ISBN#: 0-9659831-7-X, [ISSN#: 1553-1333]

 

           Pages: 705

 

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           B&ESI, c/o Helen Kantarelis

 

           64 Holden Street, Worcester, MA 01605-3109, USA

 

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EDITOR

 

Demetri Kantarelis

 

REVIEWERS

(In Alphabetical Order)

 

Allen, David

Andabaka, Ana

Ariwa, Ezendu  

Athanassopoulos, A.

Aurelio, Jeanne M.

Baker, Gary

Bell, Peter F.

Bertaux, Nancy

Berg, Nathan

Binner, Jane M.

Bitzenis, Aristidis

Borrmann, Jorg

Bradley, Lisa

Brathwaite, T.W.

Bruce, Kyle

Cailleau, Tierry

Cantarella, Anthony

Cebula, Richard J.

Cenan, Danijela

Chennareddy, V.

Chisholm, Darlene C.

Ciancanelli, Penelope

Clevenger, Tom

Coetzee, Karina

Currie, Carolyn V.

Dimelis, Sophia

Drew, Michael E.

Droussiotis, Annabel

Efstathiades, Andreas

Engelen, Peter-Jan

Esfidani, M.R.

Faltholm, Ylva

Faux, Jeffrey

Fent, Thomas

Finlay, Donald

Floyd, David

Gabberty, James W.

Garnett, Andrea

Gentzoglanis, A.

Georgopoulos, A.

Groes, Nils

Hartley, Robert

Hasanagas, Nikolaos

Houghton, Erne

Hruska, Domagoj

Italia, Maria

Jarratt, Denise

Kallianiotis, Ioannis

Kassim, N. Mohd

Kesar, Oliver

Kiuila, Olga

Kolakovic, Marko

Kuenzel, Sven

Kurihara,Yutaka

Lai, Ming-Ming

Lumby, Anthony

Lynn, Stuart

Lyroudi, Katerina

Mahon, John F.

Manfra, Pellegrino

Marangos, John

Marks, Andrew

Marktanner, Marcus

McAleese, Dermot

Mohamed, M. Zain

Nayak, Ajit

Nigohosian, R.H.

Obadic, Alka

Papathanasis, A.T.

Parsa, Sepideh

Pediaditakis, Minas

Petrochilos, George

Philippas, N.D.

Pinto Jr., Helder Q.

Polichronis, John

Portougal, Victor

Rados, Tomislav

Rafferty, Michael

Ramady, M.A.

Rantakyro, Lena

Rashed, Jamal Abu

Rowley, Jennifer

Saee, John

Salavrakos, I.D.

Salvary, C.W.

Samitas, Aristeidis G.

Schiller, Maria C.O.S.

Shahwan, Yousef

Shan, Jordan

Springler, Elisabeth

Stanton, John

Stanton, Patricia

Su, Yuli

Tahinakis, Panayiotis

Thompson, Earl A.

Tvaronaviciene, M.

Vambery, Robert G.

von Staden, Peter

Voola, Jo

Ward, Allan

Wise, Victoria

Worner, William E.

Yan, Ho-don

Yannick, Perez

Zoricic, Davor

 

 

 

CONTENTS

 

 

KEYNOTE ADDRESS                                                                                                   Page

 

Jennifer Rowley, University of Wales, Bangor, UK.                                                              1

CUSTOMER KNOWLEDGE MANAGEMENT; A CORE ORGANISATIONAL

COMPETENCE FOR THE NEW MILLENNIUM?

 

 

MARKETING ISSUES

 

Sofia Daskou, University of Strathclyde, UK;                                                                      13

Cleopatra Veloutsou, University of Glasgow, UK; &

Konstantinos Liakos, Olympic Games Committee, Greece.

‘IT’S FUNNY, BUT DOES IT MATTER?’: AN INVESTIGATION OF THE

EFFECT OF HUMOUR ON GREEK AND SCOTTISH AUDIENCES

 

Marie-Louise Fry, University of Newcastle, Australia.                                                        24

PERSUASIVE STRATEGIES: THE EFFECT OF ADVERTISEMENT

ORIENTATION IN ROAD SAFETY ADVERTISING

 

Guilherme D. Pires, University of Newcastle, Australia; &                                                  34

John Stanton, University of Western Sydney, Australia.

PRIORITISING OPPORTUNITIES FOR ETHNIC MARKETING

SEGMENTATION

 

Guilherme D. Pires, University of Newcastle, Australia; &                                                  45

John Stanton, University of Western Sydney, Australia.

INCOME AND ENGLISH LANGUAGE PROFICIENCY DIFFERENCES IN

AN ETHNIC COMMUNITY AND EFFECTS ON CONSUMER BEHAVIOUR

 

 

ACCOUNTING & AUDITING

 

Jeffrey Faux & Victoria Wise, Victoria University, Australia.                                             56

CONVERGENCE WITH INTERNATIONAL ACCOUNTING

STANDARDS: IMPLICATIONS FOR SMALL BUSINESS ENTERPRISES

 

Patricia Stanton, University of Newcastle, Australia; &                                                      64

John Stanton, University of Western Sydney, Australia.

HOW DO LOCAL GOVERNMENTS DISCHARGE THEIR

ACCOUNTABILITY?

 

Evangelos P. Koumanakos, National Bank of Greece, Greece;                                         72

Costas Siriopoulos & Antonios Georgopoulos, University of Patras, Greece.

A SURVEY OF THE APPROACHES USED IN DETECTING

EARNINGS MANAGEMENT

 

Ming Ling Lai, Mara University of Technology, Malaysia;                                                  88

Siti Normala Sheikh Obid,

International Islamic University, Malaysia;

Norizan Mohamad Kassim,

United Arab Emirates University, UAE; &

Ahamad Kameel Meera,

International Islamic University, Malaysia.

TAX PRACTITIONERS’ ACCEPTANCE OF THE ELECTRONIC

FILING SYSTEM: AN EMPIRICAL TEST USING STRUCTURAL

EQUATION MODELING

 

Panayiotis Tahinakis, Nicolaos Protogeros &                                                                  104

Dimitrios Ginoglou, University of Macedonia, Greece.

THE APPLICATION OF INTERNATIONAL ACCOUNTING STANDARDS

IN GREECE: THE CASE OF MEASURING GOODWILL

 

Michael Ulinski, Pace University, USA.                                                                           113

THE AFFECT ON MARKET VALUE AND SHAREHOLDER PERCEPTION

OF VALUE OF GOOD GOVERNANCE IN THE WAKE OF RECENT

ACCOUNTING SCANDALS

 

Gregory J. Phillip & Patricia Stanton, University of Newcastle, Australia.                       121

ACCOUNTING FOR HERITAGE ASSETS: AN EVALUATION OF

AUSTRALIAN REPORTING PRACTICE IN RELATION TO

RAILWAY ASSETS

 

Stella Sofocleous & Victoria Wise, Victoria University, Australia.                                   130

MANAGEMENT PREFERENCES FOR ACCOUNTING, TAXATION

AND GOVERNMENT REGULATION OF FORESTRY FIRMS: SOME

FINDINGS AND IMPLICATIONS

 

 

MANAGEMENT & INTELLECTUAL CAPITAL

 

Thomas Zomack, University of Magdeburg, Germany.                                                      137

CORPORATE IDENTITY AND ITS FOUNDATION:

AN ENTREPRENEURIAL PERSPECTIVE

 

Michael Novak, University of Massachusetts Boston, USA; &                                          152

Jeanne Aurelio, Bridgewater State College, USA.

VIRTUAL LEADER TM: A PROMISING SIMULATION

 

Nilufer Tetik, Burcu Demirel Utku & Volkan Altintas, Akdeniz University,Turkey.      162

A RESEARCH OF ACCOMMODATION ESTABLISHMENTS IN TERMS OF

INTELLECTUAL CAPITAL IN TURKEY (ANTALYA REGION)

 

Jordan Shan & Shengping Zhang, Peking University, China.                                            174

DO INDEPENDENT DIRECTORS IMPROVE CORPORATE

PERFORMANCE IN CHINA? SOME EMPIRICAL EVIDENCE

 

Steve Bakalis, Victoria University, Australia; &                                                                 186

Therese A Joiner, La Trobe University, Australia.

APOLLONIAN OR ATHENIAN ORGANIZATIONAL CULTURE?: CHOICES

AND IMPLICATIONS FOR GREEK AND THAI MANAGERS’ JOB STRESS

AND PERFORMANCE

 

Marko Kolakovic, University of Zagreb, Croatia.                                                             197

MANAGEMENT PRACTICES AND STRATEGIES IN A

VIRTUAL ECONOMY

 

 

TAXATION, FINANCE & INVESTMENTS

 

Maria Italia, Victoria University, Australia.                                                                        208

ENHANCING CLIENT PRIVILEGE FOR TAXPAYERS - AN

AUSTRALIAN SETTING

 

Minas Pediaditakis, Technological Education Institute of Crete, Greece.                           220

PREVENTING FINANCIAL CRISIS IN A GLOBALIZING CONTEXT

 

Lisa Bradley, University of Ulster, Northern Ireland; &                                                     241

Charles Hickson, Queens University, Northern Ireland.

A ROLE OF THE GOOD SEAL OF APPROVAL IN MINIMISING

BORROWING RISK TO SMES

 

Ghaleb A. El-Refae, Al-Zaytoonah University of Jordan, Jordan; &                                  248

Jamal A. Rashed, Xavier University, USA.

OPTIMAL INVESTMENT UNDER STANDARD DEBT CONTRACT:

KNOWLEDGE MANAGEMENT APPROACH

 

Dimitris F. Kenourgios, Athens University of Economics & Business, Greece &               261

Aristeidis G. Samitas, University of the Aegean, Greece.

TESTING EFFICIENCY OF THE COPPER FUTURES MARKET:

NEW EVIDENCE FROM LONDON METAL EXCHANGE

 

Nikolaos Philippas, University of Piraeus, Greece.                                                            272

SOME NEW EVIDENCE ON TIMING AND SECURITY SELECTION

SKILL OF GREEK MUTUAL FUND MANAGERS

 

 

ETHICS

 

Allan Ward, Plymouth University, UK.                                                                              284

HAVING BEING AND CONSUMPTION; A CRITICAL

REALIST'S RESPONSE

 

Darko Tipuric, Mislav Ante Omazic; &                                                                          289

Domagoj Hruska, University of Zagreb, Croatia.

CORPORATE SOCIAL RESPONSIBILITY AND CROATIAN

MANAGERS – EMPIRICAL STUDY

 

 

QUANTITATIVE METHODS, STATISTICS & ECONOMETRICS

 

Eirini Lykouropoulou &                                                                                                   300

Panagiotis Lazaridis, Agricultural University of Athens, Greece.

CONSUMER WILLINGNESS TO PAY FOR ORGANIC PRODUCTS IN

GREECE: THE CASE OF ORGANIC FRUITS AND VEGETABLES

 

Anita Ghatak, The University of Greenwich, UK.                                                              308

STATIONARITY AND STRUCTURAL BREAKS: THE CASE OF ITALY

IN THE TWENTIETH CENTURY

 

Andreas C. Drichoutis, Panagiotis Lazaridis,                                                                 320

Agricultural University of Athens, Greece; &

Rodolfo M. Nayga, Texas A&M University, USA.

DETERMINANTS OF CONSUMERS’ USE OF NUTRITIONAL

FOOD LABELS

 

Eucario Gasca-Leyva, Center of Research and Advanced Studies Merida, Mexico;         333

Juan Hernandez, Las Palmas University, Spain; &

Alejandro Flores-Nava, Center of Research and Advanced Studies Merida, Mexico.

MANAGEMENT STRATEGIES FOR BULLFROG PRODUCTION IN

INUNDATED SYSTEM

 

 

BUSINESS LAW / LAW & ECONOMICS

 

Gerrit Radder, University of Port Elizabeth, South Africa.                                                 343

DEVELOPMENTS IN FORENSIC AUDITING AND ACCOUNTING

IN SOUTH AFRICA SINCE 1994

 

Theo Papadopoulos, Victoria University, Australia.                                                           351

BLACK MARKETS FOR COUNTERFEIT AND PIRATE PRODUCTS

 

 

BUSINESS & ECONOMICS EDUCATION

 

Despina Whitefield, Victoria University, Australia;                                                            359

Louise Kloot, Swinburne University, Australia; &

Jim Sillitoe, Victoria University, Australia.

PERSONAL AND INTERPERSONAL SKILLS DEVELOPMENT

IN THE PREPARATION OF ACCOUNTANTS

 

 

INDUSTRIAL ORGANIZATION & GOVERNMENT REGULATION

 

Ioannis-Dionysios Salavrakos, London Metropolitan University, UK; &                         371

George A. Petrochilos, visiting University of Birmingham, UK.

CONTROL AND CONFLICT IN INTERNATIONAL JOINT VENTURES:

EVIDENCE FROM GREEK JOINT VENTURES IN EASTERN EUROPE

 

Andreas Efstathiades, Marie Arbelias & Eleni Iacovou,                                              383

Cyprus College, Cyprus.

A THEORETICAL AND EMPIRICAL FRAMEWORK FOR THE

SUCCESSFUL KNOWLEDGE TRANSFER IN THE CYPRUS

MANUFACTURING INDUSTRY

 

Christos Nicolaidis & George Michalopoulos, University of Macedonia, Greece.           394

EMPOWERMENT IN THE GREEK BANKING SECTOR:

AN EXPLORATORY STUDY

 

Jorg Borrmann & Michaela Schaffhauser-Linzatti,                                                       407

University of Vienna, Austria.

FRANCHISE BIDDING WITH DIFFERENCES IN DEMAND

 

Jorg Borrmann, University of Vienna, Austria.                                                                   411

AWARDING MONOPOLY FRANCHISES REPEATEDLY:

ARE SECOND-BEST BLOCK-RATE TARIFFS ATTAINABLE

WITHOUT REGULATION?

 

Victoria Wise, Victoria University, Australia.                                                                     423

GOVERNMENT CONSOLIDATED FINANCIAL REPORTING:

HARMONISATION ISSUES

 

 

INTERNATIONAL ECONOMICS

 

Marcus Marktanner, American University of Beirut, Lebanon.                                         434

DID IMPORT-SUBSTITUTING DEVELOPING COUNTRIES

ABUSE DEPENDENCE THEORY?

 

Ho-don Yan & Chung-lung Yang, Feng Chia University, Taiwan.                                     445

RESERVE ADEQUACY: EVIDENCE FROM THE INTERTEMPORAL

BALANCE MODEL

 

Shabnamjit Sing Hundal, A Pee Jay College of Fine Arts, Jalanadhar, India.                     455

ENVIRONMENT RELATED NON-TARIFF BARRIERS UNDER THE

NEW REGIME OF GLOBAL TRADE

 

Josip Tica, Vlatka Bilas & Danijela Cenan, University of Zagreb, Croatia.                     466

COMPETITIVENESS OF CROATIA AND ITS STRATEGY          

 

 

LABOR ECONOMICS / HUMAN RESOURCES

 

Thomas Fent, Vienna Institute of Demography, Austria.                                                     478

ECONOMIC GROWTH AND THE SECOND DEMOGRAPHIC TRANSITION

 

Alka Obadic & Oliver Kesar, University of Zagreb, Croatia.                                           490

TOURISM EMPLOYMENT PROFILE AND TRENDS – EMPIRICAL

EVIDENCE FROM CROATIA

 

L. T. Szamosi,City College / University of Sheffield, Greece; &                                          504

I. Piperkova, Skopje, FYROM.

BENCHMARKING THE USE OF MOTIVATING LANGUAGE

DURING ORGANIZATIONAL CHANGE IN SOUTH-EASTERN

EUROPE: A CASE STUDY

 

 

ECONOMIC DEVELOPMENT

 

Marcus Marktanner, American University of Beirut, Lebanon.                                         515

FRAGILE DEMOCRATIZATION – PLEASE HANDLE WITH CARE!

 

 

BEHAVIORAL & HEALTH ECONOMICS

 

Laetitia Radder, Port Elizabeth Technikon, South Africa.                                                  524

TROPHY HUNTING: A SUGGESTED TYPOLOGY OF MOTIVES

 

Sam Mirmirani & Matthias Lippmann, Bryant College, USA.                                        535

ASSESSING HEALTH CARE EFFICIENCY OF OECD COUNTRIES WITH

DATA ENVELOPMENT ANALYSIS (DEA)

 

 

MACROECONOMICS & MONETARY ECONOMICS

 

Jane M. Binner, Aston University, UK;                                                                            546

Alicia M. Gazely, Nottingham Trent University, UK; &

Thomas Elger, Lund University, Sweden.

DYNAMIC NEURAL NETWORK BASED INFLATION FORECASTS

FOR THE UK

 

Elisabeth Springler, Vienna University, Austria.                                                                554

HOW TO STABILIZE CAPITAL FLOWS IN CENTRAL / EASTERN

EUROPE: WILL THE NEW EUROPEAN UNION FACE AN INCREASE

IN FINANCIAL FRAGILITY?

 

Marijana Ivanov, Tomislav Coric & Davor Zoricic, University of Zagreb, Croatia.       565

MONETARY POLICY CREDIBILITY IN THE REPUBLIC OF CROATIA

           

 

GOVERNMENT FINANCE

 

Mohamed A. Ramady,                                                                                                    576

King Fahd University of Petroleum and Minerals, Saudi Arabia.

GOVERNMENT FINANCES: A CASE STUDY OF SAUDI ARABIAN

BUDGETARY STRUCTURAL REFORMS

 

Nika Sokol-Knjaz & Ana Andabaka, University of Zagreb, Croatia.                                591

THE REFORM OF THE FISCAL SYSTEM IN THE REPUBLIC OF CROATIA

 

David Floyd, University of Lincoln, UK.                                                                            597

DOES THE UK GOVERNMENT HAVE AN EFFECTIVE ECONOMIC

MODEL?

 

 

REGIONAL, URBAN, RURAL AND SPATIAL ECONOMICS

 

Lisa Bradley, University of Ulster, Northern Ireland;                                                         602

Terrence Wendell Brathwaite, Coventry University, UK;

Thomas Fent, Vienna Institute of Demography, Austria;

Marcus Marktanner, American University of Beirut, Lebanon; &

Cleopatra Veloutsou, University of Glasgow, UK.

HOSTING THE OLYMPICS – BUSINESS AND THE ECONOMY

 

Ferda Halicioglu, The University of Greenwich, UK.                                                         614

AN ARDL MODEL OF AGGREGATE TOURISM DEMAND FOR TURKEY

 

Ozlem Oz, Middle East Technical University, Turkey.                                                         624

GEOGRAPHIC CONCENTRATION AND COMPETITIVENESS: AN

ANALYSIS OF THE TURKISH EXPERIENCE WITH THE HELP OF

FUZZY-SET METHODS

 

Aleksander Aristovnik, University of Ljubljana, Slovenia.                                                 629

THE REFORM OF THE EU’S STRUCTURAL / COHESION

POLICY – FROM DIVERGENCE TO CONVERGENCE?

 

Ozlem Oz, Middle East Technical University, Turkey.                                                         643

CLUSTERS AND COMPETITIVE ADVANTAGE: A CRITICAL

REVIEW OF LITERATURE

 

 

FOREIGN DIRECT INVESTMENT

 

Jamal A. Rashed, Xavier University, USA;                                                                       653
Subarna K. Samanta, The College of New Jersey, USA.

CORRUPTION AND FOREIGN DIRECT INVESTMENT FLOWS IN

TRANSITION COUNTRIES: AN ANALYSIS

 

Aristidis Bitzenis,                                                                                                             663

City Liberal Studies / University of Sheffield, Greece; &

Ersanja Nito, Savings Bank of Albania.

FDI AND ENTREPRENEURSHIP IN ALBANIA

 

Mohamed Zain, United Arab Emirates University, UAE &                                                672

Raja Nerina Raja Yusof, University Putra Malaysia, Malaysia.

RELATIONSHIPS BETWEEN CONTROLLED MECHANISMS AND

NATIONALITY, LEVEL OF OWNERSHIP, AND TYPE OF

INTERNATIONAL STRATEGIES OF MNCS

 

 

ECONOMIES IN TRANSITION

 

John Marangos, Colorado State University, USA                                                            684

ALTERNATIVE PERSPECTIVES TO SOCIAL POLICY

DURING TRANSITION

 

Robert Nigohosian, Salt Lake Community College, USA &                                             694-705

Shanghai Normal University, China

FROM PLAN TO MARKET: AN OUTSIDER’S VIEW OF THE

ECONOMIC REFORMS IN CHINA

 


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