Purpose – The purpose of this paper is to shed new light on the debate about the appropriateness of the Kaizuka rule, a Samuelson type of efficiency rule for public inputs, for the provision of firm-augmenting public inputs. Firm-augmenting public inputs are commonly included in public...

When one undertakes a benchmarking study, it is quite typical to collect performance data on a set of business processes from a variety of organizations. While one can compare efficiency on a process-by-process level, how can one compare the overall efficiency of one organization versus another...

Natural gas steam reforming process comprised in a small scale H2-fueling station for on-site hydrogen production was simulated and analyzed. The effects of process variables on the process efficiency of hydrogen production were investigated, and their optimum set point values were suggested to...

Biomass is usually gasified above the optimal temperature at the carbon-boundary point, due to the use of different types of gasifiers, gasifying media, clinkering/slagging of bed material, tar cracking, etc. This paper is focused on air gasification of biomass with different moisture at...

In the aftermath of financial scandals, much good work is being done on the procedures that frame corporate governance. However, to achieve a quantum leap in the effectiveness of the board of directors, the focus should now shift from the procedures that frame corporate governance to what...

Purpose – The paper aims to devote itself to the researching of the changes in firm efficiency in consumer goods industry under the political changes and tightening of competition. This study has for an objective the estimation of the consequences of changes in policy on firm efficiency and...

Purpose – Based on a sample of foreign‐financed manufacturing firms in southern China, the purpose of this paper is to study the effects of ISO certification on productivity. Design/methodology/approach – The paper employs the stochastic frontier approach to estimate frontier efficiency...

Purpose – The purpose of this paper is to shed new light on the debate about the appropriateness of the Kaizuka rule, a Samuelson type of efficiency rule for public inputs, for the provision of firm‐augmenting public inputs. Firm‐augmenting public inputs are commonly included in public...

Purpose – This study investigates functional equivalence between entering money into transaction costs that appears in firms' cost functions and the money in the production function. In light of this model, the purpose of the study is to show the impact of financial account management in...