European Journal of Business Science and Technology, 2018 (vol. 4), issue 1


Intangible Assets and the Determinants of a Single Bank Relation of German SMEs

Jarko Fidrmuc, Philipp Schreiber, Martin Siddiqui

European Journal of Business Science and Technology 2018, 4(1):5-30 | DOI: 10.11118/ejobsat.v4i1.130  

We focus on the determinants and potential benefits of relationship banking. Based on the existing literature and the unique role intangible assets play regarding firms' capital structure, we test two hypotheses using rich data on firm-bank relationships in Germany. We show that firstly, a high share of intangible assets does not worsen the access of firms to debt financing. And secondly, firms with a high share of intangible assets are statistically significantly more likely to choose an exclusive and persistent bank relation.

Russia's Integration to the Globalized Automotive System: Solutions Adopted by Multinationals and Impact on the Local Industrial Environment

Vincent Montenero

European Journal of Business Science and Technology 2018, 4(1):31-47 | DOI: 10.11118/ejobsat.v4i1.118  

The automotive industry has reached a very high level of international integration. It expanded in Russia at the end of the first decade of the century. The paper aims at describing the problems encountered in the first years of the process and how car manufacturers and their suppliers have evolved and adapted over a period of almost 10 years. Using a qualitative inductive methodology, based on interviews of Western European and Russian participants to the expansion, and using a case of failure as an extreme situation, the author identifies a certain number of influencing factors and describes how they have evolved trough the years. Finally, the paper...

Productivity Effect of Accessing the EU: Case of Bulgaria and Romania

Vojtěch Olbrecht

European Journal of Business Science and Technology 2018, 4(1):48-55 | DOI: 10.11118/ejobsat.v4i1.116  

The article deals with the impact that the EU enlargement had on productivity of firms in accessing countries, particularly Romania and Bulgaria that accessed EU in 2007. Microeconomic data suggest that the impact of accession itself can be negative in a short run in case of countries that received promised benefits in disintegrated manner and also experienced problems with obliging requirements of EU accession that resulted in negative measures taken. The negative short run effect can hinder the benefits in the euphoria following the accession and therefore could be considered as part of accession process in certain situations.

Resistance to Change in Public Organization: Reasons and How to Overcome It

Ayesha Amjad, Muqqadas Rehman

European Journal of Business Science and Technology 2018, 4(1):56-68 | DOI: 10.11118/ejobsat.v4i1.129  

The objective behind this paper is to explore the main sources of resistance to change and how that resistance effects the whole organization. Employees' duty and overseeing resistance effectively are basic essentials for forceful change management. This paper implements qualitative approach to observe the employees' resistance to change in one of the government organization working under Ministry of Industries of Pakistan. This is a qualitative study in which sample of 10 interviews have been conducted from the managers, deputy managers and executives working in this government organization. As indicated by Kurt Lewin's force field analysis this study...

Migration and Divesity Potentials for Organisations: the Case of Germany

Petia Genkova, Pia Keysers

European Journal of Business Science and Technology 2018, 4(1):69-80 | DOI: 10.11118/ejobsat.v4i1.114  

A successful integration of migrants in the society as well as of older employees in the organisation is getting more important based on demographic changes. The central aim of the investigation is to deal with problem fields of the Human Resource Management, which arise by demographic changes regarding migration and the ageing society. Therefore, an explorative qualitative study with human resource managers and diversity representatives of the large DAX companies was conducted. The views of leaders and employees with and without an immigration background regarding diversity potentials in organisation are compared in this study. The results indicate...

Models of Customers Satisfaction with Supermarkets in Poland

Grzegorz Biesok, Jolanta Wyród-Wróbel

European Journal of Business Science and Technology 2018, 4(1):81-92 | DOI: 10.11118/ejobsat.v4i1.113  

The purpose of this paper was to compare three models of customer satisfaction with supermarkets in Poland. The authors decided to verify what kinds of satisfaction models are appropriate for describing relations between customer satisfaction and other constructs. The authors used structural equation modelling (SEM) to test and validate the models containing several latent variables, such as: perceived quality, perceived value and customer expectations. All of them were equipped with proper manifest variables, measured in a survey. The survey questionnaires were distributed using snowballing method. Verified models confirmed the significant impact...

Testing Sustainable Consumption Behavior in Italy and Pakistan

Muhammad Ishtiaq Ishaq

European Journal of Business Science and Technology 2018, 4(1):93-104 | DOI: 10.11118/ejobsat.v4i1.125  

The purpose of this empirical research is to determine the relative impact of food safety concern, ethical concern and health consciousness on the theory of planned behavior dimensions. Moreover, this study also ascertains the impact of the theory of planned behavior dimensions (attitude, subjective norms, and perceived behavioral control on repurchase intentions of organic food among Pakistan and Italian consumers. A highly structured questionnaire is used to collect the data from 337 consumers from Italy and 314 consumers living in Pakistan. As proposed by the researchers, measurements invariance tests are used to analyze the cultural differences...