Purpose: Industry 4.0's potentials can only unfold exhaustively if information is shared across company boarders and along supply chains. Exchanging information, however, implies several challenges for companies. This holds especially true if it is transmitted automatically and digitally, as...

The number of firm bankruptcies is surprisingly low in economies with poor institutions. We study a model of bank-firm relationship and show that the bank?s decision to liquidate bad firms has two opposing effects. First, the bank receives a payoff if a firm is liquidated. Second, it loses the...

We investigate whether information sharing among banks has affected credit market performance in the transition countries of Eastern Europe and the former Soviet Union, using a large sample of firm-level data. Our estimates show that information sharing is associatedwith improved availability...

Growing global population and growing demand for food have put a lot of pressure on the global food supply chain. The global population is expected to reach 8.5 billion by 2030 and 9.7 billion by 2050. In this context, providing agri-food products in the quantity needed by an ever-growing...

Realizing the significance and contribution of tourism sector to regional/local economy, has increased the number of studies which have been trying to analyse the impacts of tourism on economic development. Several approaches and methodologies have already been developed for this purpose. The...

During the 1990s transition period in developed countries, the retail sector was privatized and some domestic-capital supermarket chains gradually emerged. Supermarkets have restructured their procurement strategies through the introduction of private standards, centralized procurement systems...

Today, and especially in the emergent market, the company success is directly linked to its capacity to deal with the highly changing environment, and how much its supply chain is flexible regarding these changes. The paper analyses how the supply chain flexibility impacts the firms' financial...

This paper is based on the PhD thesis written by the author. Post-fordist production system has raised since 1970's. Main firms have divided production process into different stages and transferred some stages of the production to either other firms in the same factory or another firms in...

In EU, 50% of total energy consumption is due to activities related to the construction industry. The number of employees in this industry is increasing. In Denmark, for instance, 25% of the employees in the private sector are employed in the construction industry. Due to this strong impact on...

Globalization and new technologies led to the global and lean supply chains that we see today. But cost-efficiency alone does not create customer value. Goods and services have to be available at the time of demand. Shorter product-live-cycles demand volatility and external disruptions force...