Internal Management Structure Research Articles

Retraction Note: GIS-based marine atmospheric environment and fishery company governance structure

During the water cycle, the energy and water vapor between the sea and the air are converted. Changes in water evaporation and water vapor encountering cold precipitation will have an important impact on the water flow in the ocean. There is a non-adiabatic heating rate and moisture in the air. The flow of fresh water from the sea plays an extremely important role in the circulation of the sea, especially in the circulation of salt-containing seawater. Water is presented in different forms. There are two functions of heating and cooling in the air temperature circulation system. With the rapid development of remote sensing information and geographic information technology, the use of GIS technology proves that the system has a very large data storage capacity. The coverage is relatively wide, and the information update speed is fast. It can create quick and accurate theoretical knowledge support for the public and promotes the scientific development of eco-environmental resources and the rapid and healthy development of social economy in the surrounding area of ​​the study area. This article discusses the impact of changes in the flow of fresh water in the world’s oceans on global temperature warming. Correlative experimental researches on the water cycle and water vapor content on different time scales are carried out. Through research, it is found that there are certain problems in the internal management structure of fishery enterprises. Based on the theory of internal standards, suggestions and measures for improvement of related issues can be put forward, which can provide reference and reference for the healthy development of fishery companies.

Fund Management Structure and Conflicts of Interest: Evidence from Business Development Companies

Using the universe of Business Development Companies for the period 2006-17, we analyze the effects of fund management structure on managerial decisions and fund premiums. We show that externally managed funds trade at significantly higher discounts relative to their internally managed counterparts and they are 74% (67%) less likely to announce (execute) value enhancing share repurchase programs. We further find a significantly higher positive market reaction to share repurchase announcements of externally relative to internally managed funds. Overall, we show the benefits of internal management structure in avoiding agency costs associated with the dependence of managerial compensation on total assets.

Research on influencing factors of stock returns based on multiple regression and artificial intelligence model

When choosing stock investment, there are many stock companies, and the stock varieties are also complicated. At present, there are various systems for evaluating stock performance in the market, but there is no uniform standard, so investors often cannot effectively invest in stocks. Simultaneously, stock management companies also have their own characteristics, and there are differences in shareholding structure and internal management structure. Based on this, based on multiple regression models and artificial intelligence models, this paper constructs a stock return influencing factor analysis model to statistically describe the sample data and factor data, and tests the applicability of the five-factor model for performance evaluation of mixed stocks. In addition, this article combines the actual situation to carry out data simulation analysis and uses a five-factor analysis model to carry out quantitative research on stock returns. Through data simulation analysis, we can see that the model constructed in this paper has a certain effect in the analysis of factors affecting stock returns.

The Impact of Internal and External Factors on Sustainable Procurement: A Case Study of Oil Companies

The contentious and growing sustainability concerns within the UAE's oil and gas industries have highlighted the necessity of systematically examining the internal and external organisational factors that influence sustainable procurement (SP) in the industry. This study investigates the internal and external factors most influencing SP in the UAE's oil and gas industry. Utilising questionnaires, the researcher obtained data from 100 procurement professionals working in three oil and gas companies operating in the UAE. The research framework, developed through an extensive literature review, was analysed and tested using structural equation modelling (SEM). The results reveal that both internal and external factors have a positive and statistically significant impact on sustainable procurement, although internal factors have a relatively greater effect. This study found that leadership in change management, internal management structure, management strategy, and infrastructure cost management, are the most influential internal factors affecting SP, whilst social and economic factors are the most influential external factors. An emphasis on these internal and external factors can help oil and gas companies operating in the UAE greatly improve their level of SP performance.

The Role of Guanxi on Chinese Leadership Innovation —The Pilot Study on the Electric Motor Sector

This research aims to examine the existence and nature of complex business-social relationships in the Chinese context (Guanxi) and evaluate how these relationships influence the behaviors of managers in State-owned Chinese engineering firms. Research on Guanxi is comprehensive though little work investigates internal influences and how internal relationships may mirror or replicate external Guanxi. This study uses a snowball sample of 66 senior managers across the key functional disciplines in typical large Chinese firms and explores how often strategic level problems in the firm are solved through relationships outside, inside or between the companies. Do Guanxi networks penetrate the organization itself and are there relationships that are unique to internal networks? The research finds that problem solving at strategic levels are often through internal and external networks, rather than internal management structures, but also that different problems complexities typically demonstrate unique problem-solving networks. The research identifies three different forms that these relationships take: Internal, inter-firm and hybrid relationship modes. Implications for this work suggest problem solving in Chinese firms is enhanced through cooperation and mutual respect, and likely to be inhibited by traditional Western approaches to management.

Promoting more socially responsible corporations through a corporate law regulatory framework

This paper aims to lay the foundations for a more critical approach to the relationship between corporate social responsibility (CSR) and corporate law. Limitations on legislative approaches including directors’ duties, disclosure of information, sustainable decisions, direct promotion and corporate internal management structure are critically analysed, trying to find well thought-out and effectively implemented adjudication that provides meaningful instruction for regulating CSR. The paper explores the manner in which corporate law may contribute to accommodating CSR principles within corporate strategies, in order to establish a transformative legal regulatory framework within corporate law by using the authoritative legal mode to promote corporate regulatory mechanisms. The paper critically studies a few legislative measures supported by the relevant legislative experiences from various jurisdictions as examples of currently enforced CSR laws at national level, in order to offer comprehensive and potentially effective legislative suggestions for accommodating CSR elements. However, a ‘one size fits all’ approach is clearly not desirable, and these suggestions should be interpreted and implemented in a locally relevant manner, according to path dependence theory.

"Globalizing REITs: What International best Practices have Emerged?

Given the on-going globalization of REITs in recent years, this study aims to investigate two inter related questions: what international best practices have emerged so far out of the global experience with the REITs systems; and, what policy implications do they bring to those countries that have a less well-functioning system such as those in Korea and others. By synthesizing the research findings as well as the institutional variations documented, the paper extracts a set of drivers for successfully launching and sustaining an active REITs system in a country. Those identified success factors in the demand-side (of liquidity) include: an “asset-light” business strategy on the part of large real estate holders, usually triggered by an economy-wide shock; the supply of high-quality properties that generate acceptable returns to the capital market; and, a credible business counterparty for REITs stock offerings. For the last one, a well-capitalized listed corporation with an internal management structure has emerged as the choice in the U.S., while some hybrid management structures － the sponsored-REITs and the stapled-REITs － are observed in other countries. In the supply-side, the discipline imposed by the capital market through disclosure requirements, monitoring, as well as M&A threat, works as a critical factor in nurturing a REITs system, which is often replaced by regulatory requirements (on such operational parameters as mandatory listing, maximum leverage, and extent of development activity) in the Asian and European countries where the systems are less seasoned. In the supervision side, discussed as key policy issues are how to strike a balance between the two classes of investors-institutions vs. individuals, what norms to be considered to help foster the ever-increasing REITs’ cross-border investments, among others. In sum, the case for REITs is strong globally given the on-going population aging and other favorable trends. Given the international best practices identified, the paper examines the Korean case in terms of their key implications and policy directions to pursue for establishing a more efficient and welfare enhancing one in the country.

Internationalization of higher education in Albania - Dilemmas and challenges: Albanian public and private universities in the new globalization era

Internationalization of higher education in Albania although an emerging necessity is still in very low figures not only as a connection between institutions but even as mobility between students. This paper sheds lights on internationalization at the regional and at the global level. It analyzes how the globalization and European integration processes are affecting public and private higher education institutions in Albania, their study programs and universities internal management structures. Firstly, it examines the overall changes in the Albanian HE sector since the beginning of 1990s. Then it explores the differences in internationalization between public and private universities and the ultimate changes on the Albanian labor market. My main thesis is that Albanian HE institutions increasingly need to put more efforts to internationalize their internal management structures and to put in practice international study programs. The paper analyzes more the advantages of the international study programs and the difficulties in a development country like Albania to implement them. The paper is based on the case study of the European University of Tirana and explores the difficulties of the faculties of this university to find financial support for international programs, research and travelling abroad, to develop courses with one international perspective, support for its students to study abroad, support to students from other countries and on other indicators such as grants, contracts and linkages in international areas. However the paper deals also with the academic requirements the issue of quality of universities in general. At the end the paper makes a prognosis of some strategies and gives some recommendations how to integrate the Albanian higher education institutions at a regional or global level.

Study of the Problems with Chinese State-owned Listed Enterprise Managers’Equity Incentive and their Solutions

It has a great influence on Chinese State-owned Listed Enterprises’ efficiency and performance to implement effective equity incentives to Chinese State-owned Listed Enterprise Managers. This paper analyses the problems, from the view of five aspects including the internal management structure and external market environment, which are existing in equity incentive for Chinese State-owned Listed Enterprise Managers, and provides the corresponding solutions to the existing problems of Chinese State-owned Listed Enterprise Managers’ equity incentives.

University—Enterprise Cooperation in Central and Eastern Europe

This paper highlights the main findings of a study carried out within the framework of the European Commission's Tempus programme on university–enterprise cooperation in Central and Eastern Europe. The study was launched in 1996 by the Commission with the technical assistance of the European Training Foundation and developed with the European Centre for Strategic Management of Universities (ESMU) and the Slovak Tempus Office. The author presents the results of desk research on a sample of Tempus projects, and sets out the conclusions and recommendations to policy makers, to project promoters and to the Tempus programme. She describes the nature of university–enterprise cooperation projects in Central and Eastern European countries, showing the active role of individuals, development agencies, local authorities and various interface structures. However, she points out that university–enterprise cooperation is still confronted by major constraints linked to people (the vision of the university, the place of university–enterprise cooperation in that vision, the lack of initiatives and skills to develop it) and to systems (the internal management structure of universities, the hierarchical positioning of university representatives, the legal framework and degree structure which impact on agreements between universities and enterprises).

Enhancing training capacity in a transition economy: the case of the Romanian Institute of Management

Focuses on the development of the Romanian Institute of Management (IROMA) since political and economic liberalization in the country. Describes how IROMA, as the leading provider of training for industry and commerce, has faced up to the change process and built itself as a self‐financing body. Makes an assessment of how IROMA is conducting its new found role, the development of appropriate internal management structures and the performance of its training and consultancy staff. Gives attention to the emergence of a corporate mechanism that allows use of a cost‐centre approach which is client‐based but which can also cope with rampant inflation in the economy. Finally, makes proposals for an institution‐based programme for the development of training and consultancy skills.

Rationalizing branch banking

Large organizations and particularly organizations with the complex structure of branch banking, require time to change. The author does not suggest that there are any clear answers to the strategic planning problems facing branch banking. Today's advanced technology provides new tools to respond to change and progress. To do this accurate assessment of market segments, an effective internal management structure, efficient management and a level and quality of staff to use the new technology are required. This, in turn, will demand new recruitment and training methods.