https://www.um.edu.mt/library/oar/handle/123456789/28514 Mon, 27 Apr 2026 11:30:44 GMT 2026-04-27T11:30:44Z https://www.um.edu.mt/library/oar/handle/123456789/31563 Title: Global crisis and country’s competitiveness : lessons from Indonesia and Malaysia Authors: Setyawan, Anton A. Abstract: This study examines the impact of 2009 global financial crisis to Indonesia and Malaysia. The framework of this study is Porter Diamond Model of Competitiveness. By using fixed effect panel data regression analysis this study analyze the four dimension of Porter model. In this study, they are four model regressions as a proxy of factor condition, demand condition, related and supporting industries model and Firm strategy, structure, and rivalry model. This study uses data from Asian Development Bank Annual Report from 1999- 2008. The result shows global financial crisis gives bigger impact to Malaysia than Indonesia. The global financial crisis also has effect on each country’s competitiveness. Indonesia survive from the crisis since this country has a strong private consumption, while Malaysia still have competitive advantage on human resource. Sat, 01 Jan 2011 00:00:00 GMT https://www.um.edu.mt/library/oar/handle/123456789/31563 2011-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/31560 Title: Measuring a bank’s financial health : a case study for the Greek banking sector Authors: Thalassinos, John E.; Liapis, Konstantinos J. Abstract: The main aim of this article is to demonstrate a holistic framework for measuring a bank’s financial health by classifying its main responsibilities between conformance and performance. Responsibilities are classified into five categories as follows: First, Corporate Financial Reporting (CFR) that integrates General Accepted Accounting Principles (GAAP), Generally Accepted Auditing Standards (GAAS), Securities Exchange Commission (SEC), Financial Services Authority (FSA), and International Accounting Standards (IAS). Second, Risk Management Procedures (RMP), that incorporates methods and directives which arise from Basel I, Basel II, Capital Adequacy frameworks or solvency ratio benchmarks. Third, Corporate Governance (CG), that integrates Sarbanes – Oxley Act, Audit Committees, and Internal Audit Mechanisms. Fourth, Corporate Social Responsibility (CSR), that consists of instructions and standards such as Global Reporting Initiative (GRI) – social and environmental, Social accountability (SA 8000) – working conditions, International Organization for Standardization (ISO 9000). Fifth, Stockholders Value Creation (SVC), that is a set of methodologies and ratios used in order to measure value creation for shareholders such as Strategic and Balanced scorecard, Economic Value Added EVA®, and other business performance management tools. On the other, the Rating Agencies (RA) applies various rating systems in different fields. Based on this framework, the article correlates all qualitative and quantitative components, with the banks’ ratings. The dependent variable is the bank’s financial health score, represented by a dummy variable based on the bank’s rating by the rating agencies and from the relevant value of each bank that arises from its performance in the above mentioned framework of responsibilities. The independent quantitative variables belong to a set of financial, risk and market key ratios and the qualitative variables to a set of dummy variables which describe the above framework. With the use of financial and other published data of the Greek banking sector the article proposes a new model and a procedure for the explanation, management and monitoring of a bank’s financial health. Sat, 01 Jan 2011 00:00:00 GMT https://www.um.edu.mt/library/oar/handle/123456789/31560 2011-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/31559 Title: Organization politics and the role of accounting Authors: Sykianakis, Nikos; Bellas, Athanasios P. Abstract: This paper views the organization as an open political system. The way that organizations are structured makes inevitable the creation of sectional interests and differentiates the understanding of organizational goals. Decision-making is viewed as a power game between competing interest groups over the control of organizational resources. Power relations are generated and power is accumulated to the divisions that have control of scarce organizational resources or to those who cope most successfully with uncertainty. Accounting information is used as an argument that justifies demands from organizational actors or for the rationalization of decisions made. Sat, 01 Jan 2011 00:00:00 GMT https://www.um.edu.mt/library/oar/handle/123456789/31559 2011-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/31558 Title: Evaluation of operational programme “competitiveness” in the frames of the 3rd Community Support Framework (CSF) : action 2.11.2 Authors: Nikolaidis, Michael N.; Florou, Giannoula; Stolikidis, Georgios; Nikolaidis, Athanasios M. Abstract: This study is aiming to outline the entrepreneurs’ opinions regarding to the effect of the Intermediary Management Agencies (IMAs) and the subsidy Operational Programmes (OPs) in the concretisation of their investments. More specific, the study aims into the acquisition of knowledge and information about important subjects of the Operational Programme “Competitiveness” - Action 2.11.2 that concern the modernisation and development of enterprises that belong to the Tertiary Sector of the Central Macedonia Region, such as: Programme’s contribution in the development of enterprises and the Greek economy, the entrepreneurs’ opinion about the Intermediary Management Agencies in the process of their investments’ completion and finally, the exploration of other interesting elements that had significantly contributed in the investments’ completion. This research constitutes a first effort to evaluate Operational Programmes of the 3rd Community Support Framework (CSF) that its results will be published, in opposition of the forecasted ex-ante or ex-post evaluations that are produced in the frames of each Intermediary Management Agency’s obligations on behalf of the empowered National and Community Committee. In other words, the results of this research will contribute in the activation of an essential dialogue and most important will contribute in the pursued more effective exploitation of the available resources. Taking into consideration the occasional reports of the empowered Community Authorities about Greek Intermediary Management Agencies’ weaknesses, among other countries, in the field of rational management and exploitation of the Community resources, we mainly consider particularly useful and topical the discoveries of this research facing the imminent launch of the 4th CSF Operational Programmes. Sat, 01 Jan 2011 00:00:00 GMT https://www.um.edu.mt/library/oar/handle/123456789/31558 2011-01-01T00:00:00Z