Wenn ein Unternehmer einen Blick in die Zukunft wagt und sich dazu äußert, wie er sein Unternehmen in 10 oder 20 Jahren sieht, heißt das nicht, dass diese Vorstellungen auch wahr werden. Das hängt von vielen entscheidenden Aspekten ab. Auf einige hat man direkten Einfluss, auf andere jedoch...

Recently, there has been a lot of discussion about the possible future uses and benefits of blockchain platforms and related technologies, such as smart contracts. This has led to talk of a “blockchain revolution.” Much of this discussion was triggered by the recent “crypto-hype.” We...

This paper integrates the positive features of the Grameen Bank (i.e., zero tangible collateral and human portfolio approach) with the Shariah based notion of equitable risk and return sharing between a borrower and a lender. The proposed approach would significantly reduce the costs of capital...

Due to the traditional operational model of cooperative banks which is mostly based on financial intermediation, the range of a local bank’s social influence in a given environment is highly dependent on the money transfer balance, that is using local money to satisfy local needs. A typical...

The current research represents the valorization of the dissemination the design framework of an interdisciplinary area of research, validated through SPAS European FP6 project and a national BIOSIG- PN2 and has as objective to channel communication on target market, through personalized...

The paper analyzes the impact of institutions on the structure of partnerships in subsistence markets (SMs). Grounded in institutional theory and transaction cost economics, the reasoning suggests that partnerships will adapt to the co-existence of SM-specific and external institutions in SMs....

An academic and official orthodoxy has it that late 1970s and 1980s UK Building Societies 'deregulation' (part of wider financial services/banking 'deregulation') foreshadowed great change in the nature of the industry and its markets and, so, in the task for management (change from stewardship...

Modern business society is going through a massive change due to multiple factors. The most important of these factors are shift from manufacturing to services, globalization in every industry and the worldwide dissemination of Information, Communication and Technology . All these three factors...

Considering the assumption that the performance of Nonprofit Organisations (NPOs) depends upon stakeholders’ perceptions, in an NPO, strategic management of stakeholders entails not only responding to their requests, but also guiding them in order to align their needs, values and objectives...