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Islam provides a basis and guideline for living one’s life. Within this, there is a very detailed concept of ethical and social behaviour which allows us to deduce that the concept of social responsibility automatically has a role in Islam. This is a critical point that must be firstly...
Persistent link: https://www.econbiz.de/10015249585
Practically, there is no human activity without being connected with some form of risk. A complexity of the activity is … in a close connection with the risk level and, as a rule, the greater complexity leads to a greater risk. The importance … of risk is stressed to a large extent in some sectors, such as financial institutions, especially banks. Risk is not a …
Persistent link: https://www.econbiz.de/10015226073
personal loan customers and also establish a better personal loan risk management forecasting model. The main purpose of the …
Persistent link: https://www.econbiz.de/10015234430
uncertainty (and each single uncertainty) and change in risk aversion on each input demand. In so doing, we emphasize the …
Persistent link: https://www.econbiz.de/10015219610
The bulk of the global innovative effort takes place in 5 countries: USA, Japan and China as leaders, with France and United Kingdom as immediate followers, which all display, on the long run, a negative marginal value added on innovation. The present paper attempts to answer the following...
Persistent link: https://www.econbiz.de/10015223233
The aim of this paper is to supply both a description and an interpretation-key of the recent developments in the Austrian Economics, with particular attention for the role played by the concept of «entrepreneurial discovery». Without knowing exactly «what» he is looking for and without...
Persistent link: https://www.econbiz.de/10015225441
Theoretical models point at various channels of the impact of inflation on corporate investment. This article attempts to answer the question what are the direction and strength of this possible impact examining the relationship between corporate investment and inflation on the sample of 21 OECD...
Persistent link: https://www.econbiz.de/10015226310
The focus of this study is on black markets which provide an important segment of the parallel economy. These markets operate in disequilibrium,search and information costs become very important.Trafficking in drugs taken as case, to explore both theoretically and empirically. The problem,...
Persistent link: https://www.econbiz.de/10015229963
This paper examines the effects of uncertainty and flexible labour contracts on the Research and Development (R&D) expenditure. Using a panel of Italian manufacturing firms, we find a hump-shaped relationship between workforce flexibility and R&D outlays. Moreover, as predicted by the real...
Persistent link: https://www.econbiz.de/10015231207
In this article we analyze the remuneration mechanism for the reduction of energy losses, through a dynamic principal-agent model in continuous time. The agent represents the power distribution company, which makes investments, or in other words, makes an effort to reduce energy losses. The...
Persistent link: https://www.econbiz.de/10015256866