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The Impact of Crises on the Intellectual Capital of Companies in the Food Sector

Abstract

Both the financial crisis of the first decade of the 21st century, as well as the deterioration of trade relations between the European Union and the Russian Federation were events that significantly affected the functioning of the largest listed companies on the food market: on the one hand, aggravating the conditions of economic functioning, on the other hand creating a stimulus to seek new innovative solutions to help companies survive on the market. The aim of the work was to present the impact of crises on the intellectual capital of WIG-Food index companies, which is an indirect measure of innovation. The MV/BV and q-Tobin index were used for the study, as well as selected quantitative methods: multiple regression, Ward’s method and seasonal additive decomposition. The results of the work indicate that the companies are divided into two groups, within which similar trends in shaping intellectual capital are observed. In addition, one of the groups clearly noticed the impact of the financial crisis and the introduction of an embargo on the shaping of intellectual capital.

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On the Relation Between Health and Income: A Cross-Country Analysis

. Health, or more precisely the lack of it, is seen as the source of a number of different traps. For instance, sick workers miss many workdays just because they live in a noxious environment, sick children cannot go to school, and sick mothers who give birth are more likely to have sickly children if they survive the birth at all. Each of these channels is a potential mechanism to throw people to poverty. The idea is conceptualized in a so-called poverty trap and dates back to 1958 when Dipak Mazumdar, a doctorate student of Economics at the London School of Economics

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Reinventing the Retailer: Retaining Relevance and Customer Access

Abstract

The retail sector is evolving from a structurally rather rigid and somewhat un-emotional mainstay in the economy to a most dynamic field where old business models cease to exist, and new business models and players are bustling. As more and more customers prefer the convenience of internet-based shopping and direct-to-home delivery, many traditional retailers are forced to break fresh ground.

Today, retailers must achieve relevance and meaning in the daily life of consumers and develop significance beyond the interaction in the store. They have to be easily accessible both physically and digitally. Retailers still need to fulfill the classic retail functions but on top they need to develop digitally-enabled value creation sources. How well they succeed in implementing automation, individualization, life-embeddedness, interaction as well as transparency and control will determine whether they will persist in the new retailing environment. Only those retailers will survive who are able to translate the new value adds into meaningful and positive experiences that last beyond the purchase itself.

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Systemically Important Banks in Europe: Risk, Complexity and Cross-Jurisdictional Activities

References 1. Beck, T., Demirgüç-Kunt, A., Levine, R. (2006a). Bank concentration, competition, and crises: First results. Journal of Banking and Finance , vol. 30, issue 5, 1581-1603. 2. Beck, T., Demirgüç-Kunt, A., Levine, R. (2006b). Bank concentration and fragility: Impact and mechanics. In: Carey, M., Stulz, R. (eds.), The Risks of Financial Institutions, Chicago, University of Chicago Press . 3. Boot, A.W.A., Thakor, A., 2000. Can relationship lending survive competition? Journal of Finance, vol. 55, 679–713. 4. Boyd, J.H., De

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Basic Income—an early Icelandic experiment**

lost the election to Richard Nixon, but the concept of basic income survived, albeit in another form. In 1975, the United States passed a law on tax credit [Earned Income Tax Credit ( Wikipedia 2019c )]. This idea is based on proposals for a negative income tax presented by Milton Friedman in his book Capitalism and Freedom , published in 1962. Friedman’s idea is closely related to the idea of basic income. Every individual of a given age would be eligible for tax credit of a given size. The credit would be taxed as any other income. Hence, individuals receiving

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Acceptable levels of tax risk as a metric of corporate tax responsibility: theory, and a survey of practice

pertinently, the systematic absence of it) requires to be considered. Tax authorities suffer from information asymmetries and resource constraints, with the consequence that only a small minority of uncertain positions taken at the tax compliance stage are challenged. Further, in cases where a position is likely (but not certain) to survive a tax authority challenge, a tax authority may be expected not to challenge it even with adequate resources at its disposal and in full view of the evidence. In the United Kingdom, for example, HMRevenue&Customs’ stated policy provides

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The Art of Creating Attractive Consumer Experiences at the Right Time: Skills Marketers Will Need to Survive and Thrive

Abstract

New technologies have made today’s marketing faster, more mobile, more location-based, more digital, more virtual, and more automatized than ever. In this new world, marketers need to be “real-time relevant” – to gain awareness, to change perceptions and to spur action. They need to have their content in the right channel, format, time and context – from a consumer’s perspective. Only then do they at least have a chance of the consumer attending to the information and being influenced by it. In such an environment new skills and competences are required. The amount of available data has virtually exploded. To gain any perspective or apparent “control” in these environments, successful managers must embrace the complexity and learn to analyze, integrate and interpret all this data. A critical skill for marketers will be to identify the metrics that best reflect the desired outcomes of the organization and that sufficiently reflect specific indicators of critical processes. Furthermore, insights from other disciplines such as architecture, design, information-processing, biology or engineering will be important for creating customer experiences. The marketer of the future will need to be supremely curious and creative and to balance and integrate different worlds. It will all come down to delivering memorable and lasting experiences in a constantly and fast changing environment.

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The Concept of Sustainable Development: From its Beginning to the Contemporary Issues

Abstract

The concept of sustainable development has undergone various developmental phases since its introduction. The historical development of the concept saw participation of various organizations and institutions, which nowadays work intensely on the implementation of its principles and objectives. The concept has experienced different critiques and interpretations over the time while being accepted in different areas of human activity, and the definition of sustainable development has become one of the most cited definitions in the literature. In its development, the concept has been adapting to the contemporary requirements of a complex global environment, but the underlying principles and goals, as well as the problems of their implementation, remained almost unchanged. Still, some goals have been updated, and the new goals were set. These goals are united in the framework of the Millennium Development Goals 2015 which outline the challenges that humanity has to fight not only to achieve sustainable development but to survive on Earth as well.

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Resilient SMES, Institutions and Justice. Evidence in Italy

Abstract

The recent financial crisis (2008) seriously affected the credibility of European and Italian institutions. It was also characterized by a general pessimism and low expectations of economic operators, especially firms. In literature, relationships between the quality of institutions and economic activities have been widely investigated. They show how the judicial system, the regulatory authorities and governance are important aspects for the quality of institutions.

The main conclusion of existing literature, or the necessity of a reform of judicial system, is the basis of this work. Thus, here there is an attempt to investigate the performances of the judicial system, considering the low and poor level of its effects on firms’ performances. In particular, in this work, there is a simple empirical analysis (data paucity is the big limit) in order to investigate the consequences of an efficient, long-time justice on resilient firms’ confidence and perspective. Those resilient firms, able to overcome the financial crisis, show their ability in surviving, even if justice doesn’t help them.

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Challenges in Creating Transformative Growth for Companies In Digital Economy

Summary

Digital economy creates waves and waves of disruptions. To survive and thrive in digital economy, where technology is disrupting industries from education to even manufacturing, companies are looking for new approaches to stay relevant. As the world becomes more digitalized, customer-centric approach to product development, short product cycles and rapid decision-making is needed. At the same time, while optimizing the existing core business, companies must grow more entrepreneurial culture and transformational growth engines inside the companies. Following this path, the major challenge for companies is how to implement strategic growth innovation along with executing traditional business model and operational excellence. This paper aims to explore and present the importance of digital transformation and innovations. Companies should strive to build collaborative relationships as a means to creating transformational growth. It is suggested that information and communications technologies are significant in the process of strategic planning. The Paper also emphasizes the importance of organizational structure and culture required for implementing strategies that are aligned with digital transformation.

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