https://www.um.edu.mt/library/oar/handle/123456789/28505 2026-04-04T21:42:10Z https://www.um.edu.mt/library/oar/handle/123456789/32157 Title: Managerial organization in the CIS region : the case of Azerbaijan oil market Authors: Musayeva, Aynura A. Abstract: This article focuses on how foreign managerial structure could affect a local company, and refers to the oil market of Azerbaijan. Although Azerbaijan got independence from Former Soviet Union (FSU) the country still uses Soviet system of managerial structure in the governmental organisations. In this article we reviewed and analysed the difference in the managerial structures of foreign and local oil companies: the State Oil Company of Azerbaijan republic (SOCAR) in comparison with British Petroleum (BP) and STATOIL. These two companies had shares in the same projects together with SOCAR in Azerbaijan and represent major shareholders in total national production. Our conclusions indicate that in Azerbaijan oil companies might be practicing European managerial structure, which is improved and has a proved worldwide known system. By worldwide system we meant practicing of improved managerial structures, International Organisation for Standardization (ISO) and Health, Safety and Environment (HSE) standards, which are unavoidable divisions of the construction projects. 2009-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/32153 Title: The role of structural funds in economic and social cohesion process Authors: Pociovalisteanu, Diana Michaela; Dobrescu, Emilian M. Abstract: The coehsion policy adopted by European Union can not materialize without the existence of structural funds. The economic and social disparities between the member countries of European Union and between the regions of EU, too, is reduce through these instruments. The integration of Romania in European Union in 2007, and the use of structural funds in present and in the future, is an opportunity which contribute at the economic development of our country. 2009-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/32152 Title: The effect of mergers and acquisitions on the performance of companies – the Greek case of Ioniki-Laiki Bank and Pisteos Bank Authors: Maditinos, Dimitrios; Theriou, Nikolaos G.; Demetriades, Efstathios Abstract: This study investigates the merger effects of two banks. The merger took place in mid 1999s and the effect was the Alpha Bank. The research is performed in two parts. The first part investigates the merger in the short-term, while the second part investigates the long-term effects of the merger exploring the relative position of the Alpha bank within the industry. Results show a beta-risk value for the Alpha bank which is a reconciliation of the beta-risks coefficients of the two banks, and moreover, reveal that Alpha bank is not only profitable but also competitive within the industry. 2009-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/31866 Title: Application of quality function deployment on an alternative transportation system (paratransit system) Authors: Tsoukalidis, I.; Karasavvoglou, Anastasios; Mandilas, Athanasios; Valsamidis, Stavros Abstract: Quality Function Deployment (QFD) methodology is applied in the planning of new products/services or the improvement of existing products/services, with the active participation of all departments of the organization, minimizing the initial time of planning and also the cost of planning, with parallel minimization of the failure possibilities of the product/service to enter the market. The basic idea behind this method is to take into serious consideration the “Wants” of the customers, so that they can be translated to engineering characteristics of the product/service. The methodology was introduced in Japan in the late ‘60s and about 15-20 years later entered USA, while it is now applied in many organizations in Europe. In our work, we will apply QFD in the planning of an alternative transportation system (paratransit) in a “Kapodistrian” Municipality which constitutes many villages. 2009-01-01T00:00:00Z