This title was first published in 2003. This book provides a much-needed comprehensive and up-to-date treatise on financial distress modelling. Since many of the challenges facing researchers of financial distress can only be addressed by a totally new research design and modelling methodology, this book concentrates on extending the potential for bankruptcy analysis from single-equation modelling to multi-equation analysis. Essentially, the work provides an innovative new approach by comparing each firm with itself over time rather than testing specific hypotheses or improving predictive and classificatory accuracy. Added to this new design, a whole new methodology - or way of modelling the process - is applied in the form of a family of models of which the traditional single equation logit or MDA models is just a special case. Preliminary two-equation and three-equation models are presented and tested in the final chapters as a taste of things to come. The groundwork for a full treatise on these sorts of multi-equation systems is laid for further study - this family of models could be used as a basis for more specific applications to different industries and to test hypotheses concerning influential variables to bankruptcy risk.

Originally published in 1991, this comprehensive volume provides not only technical information regardig the global nuclear power industry, but also discusses the economic, social and political issues which have an impact on the industry. There are specific chapters on the nuclear industry in the USA & Canada, Western Europe, the former USSR and Eastern Europe and East Asia which examine in detail the particular set of geographical and economic conditions which affect each area. Including an extensive glossary, figures and tabulated information, this book remains one of the most accessible, impartial and thorough studies of the global nucelar industry.

Originally published in 1984, this volume examines the consequences of increasing energy prices on agricultural production. It discusses whether it is possible to use agriculture to produce energy without endangering the food supply for the highly populated areas of the devloping world. Analyzing the global consquences of the 'food energy nexus' at the turn of the millenium it asks whether there will be a good crisis in those same developing countries which have suffered from the energy crisis. The editors and contributors are high-level specialists of global modelling in energy and agriculture and decision makers involved in food and agriculture planning in the developing world.

This study of monopolies and trusts in England from Tudor days to the twentieth century was first published in 1909. It is a key text in the study of early capitalism and industrial organisation.

This title was first published in 2001: Exploring the relationship between the recession and labour supply in Kazakhstan during the 1990s, this volume develops an innovative new model of the transitional process in the context of the CIS. It departs from conventional economic models explaining the process of transition, transferring the focus of attention from labour demand to labour supply with a view to clarifying how the transitional recession has affected households and, in turn, how these changes modified the supply of labour. Paolo Verme examines how the dynamic of the reallocation of labour between state and private enterprises has been drastically altered by the growth of self-employment and also takes a much-needed look at the contribution of other factors, offering an original explanation of this most important economic phenomenon.

The nature of corporate governance is a key determinant of corporate performance, and thereby of a country's overall economic performance, and corporate governance is therefore particularly important for China as it reforms, and grows, its economy. This book, based on extensive original economic analysis, examines key questions relating to corporate governance in China, including the relationship between ownership structure and corporate performance, the determinants of capital structure, and the nature of contemporary governance structures. It concludes - interestingly and controversially - amongst other things that corporate performance is positively related to ownership concentration, but negatively related to state ownership, and that contemporary corporate governance structures are heavily dependent on previous structures in the centrally-planned economy and on the path of transition to the market economy.

It is often assumed that privatization leads to profit, and that well-delineated property rights and a strong private sector will help boost an economy. This book investigates the property rights in Chinese enterprises in the reform era, finding that distinction between the public and the private are blurred, that national reform policies are implemented unevenly across the country, and that enterprises owned by local governments, in Shanghai, for example, are actually extremely profitable.

eBook available with sample pages: 0203456114

This title was first published in 2000. Illustrated by a wide range of international case studies, this volume elaborates, extends and critiques one of the key models of local growth, which emphasizes learning, networking and 'embeddedness' in relation to the role of small and medium-sized firms (SMEs). In doing so, it provides a comprehensive understanding of the changing role of SMEs in an era of globalization.

This title was first published in 2000: The first book which brings together and interprets both the theoretical concepts associated with the study of networks in the business world, and the policy applications being applied to the practical building and development of such networks. It maps the changes in the culture of economic development policy that occurred in the UK during the 1990s, incorporating a detailed assessment of the contribution that the Training and Enterprise Councils made to business support policies. The book is published at a time when network and cluster building has risen to the top of economic development agendas not only in UK, but in many countries throughout the world. It offers the most detailed insight so far available into the structure, motivations and processes involved in developing business networks through institutional intervention. The book is relevant to anyone with an interest in business policy and theory.

This title was first published in 2000: Administration, Ethics and Democracy is concerned with the disciplines of philosophy, political science and sociology. A~jvind Larsen's book provides a deeper analysis of the relations between administration, ethics and democracy. In modern society, it is no longer sufficient to be the obedient administrator Max Weber speaks about. The time is ripe to re-evaluate the overriding responsibilities of the administration. Today, responsible administration demands an independent position to be taken. A~jvind Larsen views the administration from the continuous complex demands it is required to meet and proposes that the professional role is not exempt from personal responsibility or position. Therefore it is crucial that the administrator has freedom of expression and the opportunity to discuss his problems with others. Ethics are a common concern and also a political problem in democratic society. This is why there is a close connection between administration, ethics and democracy.

The development of Nigeria's oil industry is examined comprehensively in this book, originally published in 1984. It charts the changing course of her economy and examines the dramatic effect oil has had on Nigeria's domestic and international policies. Oil has enabled her to command a powerful position in African affairs and within OPEC itself, but at the same time, has held back other forms of economic development. Nigeria's future in the oil industry, as well as in related fields such as gas, is assessed both in the light of her former policies and in the changing world economy. This book will be of interest to all concerned in the oil industry, international finance or world power politics.

Originally published in 1972, this volume, supplemented extensively with maps and tables, and employing sophisticated institutional and empirical analyses, discusses a number of important issues relating to the viability of the Trans-Alaska Pipeline and the natural environment. The author concludes that exploiting North Slope oil was justifiable as a calculated risk, although an alternative route and transport mode to the Midwest of eastern market would be more attractive than TAP.

Originally published in 1977, this book concentrates on the period since nationalisation in the history of the coal industry. It provides not only a compact summary for those within the industry but also provides understanding of its problems and achievements for those outside it. The fluctuating world fuel situation threw the fortunes of the coal industry up and down and this book examines these changing fortunes within the context of the new challenges from North Sea oil and other newer sources of fuel.

This book, originally published in 1974, examines the changes that took place in the market position of the coal industry in the twentieth century. It examines in detail the position of the industry during the two World Wars, the problems of the inter-war years, the effects of nationalisation and the coal shortage after the Second World War, the decline of the markets in the 1960s and the consequences of the energy crisis of the early 1970s. The book analyses what problems the changes caused, and what measures were taken to try to overcome them. Looking in detail at the industrial disputes of 1971/2 and 1973/4 the book shows how the miners' actions fitted in closely with their past experiences and behaviour patterns.

This book, originally published in 1995 is a study of crisis management in the electricity supply industry during the 20th century. The full implications of the vulnerability of the industry are examined, with special reference to past industrial action. The authors were well placed to know how close the industry came on more than one occasion to disaster. In the wake of privatisation challenging and controversial questions are asked, which are of fundamental importance to the economy, quality of life and political stability of the country. An account is also given of the past structure, technology and industrial relations of the industry. This volume is an excellent case-study for students of post war politics, public sector management and industrial relations.

This book, originally published in 1978 concentrates on the structure and growth of the North Sea oil industry in Scotland. Drawing on relevant areas of economic theory, it examines the structure of the offshore Scottish oil industry, the employment generated by the industry, technological change created by oil and its impact on rural areas of the Highlands. For each subject discussed future developments are discussed which remain as pertinent today as when the book was first published, particularly given the issues surrounding Scotland's economic in relation to possible Scottish independence.

The uranium market is a particularly volatile and unpredictable international commodity market. This book, originally published in 1981, analyses the factors responsible for the price rise and falls of uranium in the 1970s. It includes a comprehensive analysis of the international uranium market from its inception and the conditions of price developments in mineral markets in general. The analysis of the uranium market contained in this book provides valuable insights to all those involved int eh different facets of the nuclear industry, as well as illustrating how policitical decisions with little concern for the ensuing economic implications can create havoc in international commodity markets.

Title first publishedin 2003. This comprehensive book focuses on the prevailing conditions in Asia and Africa under various macroeconomic and sectoral themes in order to provide in depth explanations for the divergent development experiences of the two regions. Seeking to go further than the simple comparison of policies, the book carefully examines the institutional context for policy implementation within which growth and development have proceeded in the regions.

This title was first published in 2002. Examining cluster development policy in Europe and outlining its distinctive features, this innovative text places it within the national context of regional policy-making. It also identifies the features supporting the successful development of industrial clusters and provides a clear overview of cluster theory and policy practice followed by seven key case studies on the history and operation of different cluster policies in Europe. While there has been a number of books on the theory of cluster development little research has been published on policy. By filling this gap, this book will be of interest to a policy-making audience as well as students and researchers of regional economic development throughout Europe.

This title was first published in 2002: Retailers who ignore the demographics of their customers do so at their peril. Examining the role of age and gender in the behavior and patterns of shoppers, this book looks at all shoppers as members of distinct demographic groups, each of which marches to the beat of its own drum. We can say a lot about people and their shopping behavior simply by examining their demographic group membership. For example, we can say that middle-aged shoppers have less time available for shopping, but more money. Such ideas provide valuable information about how to sell to them. Demographic targeting is the key to success when it comes to modern retailing. This book takes a look at shopping from the perspective of demography and considers the demographic group to be a crucial concept for understanding the modern shopper.

There a few events in life more important than a wedding. It is a day when everything must go according to plan. In the United States alone, more than four million people tie the knot annually, with over $85 billion spent on services and products. Not surprisingly, many couples are hiring wedding planners to help coordinate their special day, and business opportunities for such consultants abound. Even if you know how to make a wedding happen with elegance and style, and with stellar organization, making the leap to offering your services professionally requires a specialized skill set, one that can be learned in this book. With" How to Start a Home-Based Wedding Planning Business" in hand, you can gain the know-how and perspective to become the wedding planner everyone wants to hire. Uniquely, this book covers not only general weddings but religious ceremonies, destination weddings, multicultural weddings, vendor services specific to weddings, wedding-planning timetables, wedding styles, outdoor/tented weddings, and the emotional nuances of the wedding client. It will channel your creativity and show you how to get your business off the ground. You'll be the one couples turn to--and make money doing so!

Processes of multi-scalar regional urbanization are occurring worldwide. Such processes are clearly distinguishable from those of the nineteenth and twentieth centuries due to the shifting concepts of both the city and the metropolis. International literature highlights how what we have historically associated with the idea of cities has long been subjected to consistent reconfiguration, which involves stressing some of the typical features of the idea of "cityness". Post-Metropolitan Territories: Looking for a New Urbanity is the product of a research project funded by the Italian Ministry for Education, Universities and Research (MIUR). It constitutes a thorough overview of a country that is one of Europe's most diverse in terms of regional development and performance: Italy. This book brings together case studies of a number of Italian cities and their hinterlands and looks at new forms of urbanization, exploring themes of sustainability, industrialization, de-industrialization, governance, city planning and quality of life. This volume will be of great interest to academics and students who study regional development, economic geography and urban studies, as well as civil servants and policymakers in the field of spatial planning, urban policy, territorial policies and governance.

This title was first published in 2001. The dynamics of New Firm Formation (NFF) are central to the phenomenon of economic growth and development. While the economic importance of NFF has been recognized, the mechanisms that drive NFF are not well documented or understood. Illustrated by an in-depth case study from Texas, this volume analyzes the relationships between NFF and its localized context. Using specially-formulated fixed-effects regression models, the study brings about controversial new findings. These provide a counterpoint to the neoclassical theory that there is an adversarial relationship between small and large firms by instead suggesting that the relationship is more of a symbiotic one. Furthermore, it suggests that deep churning - the turnover and replacement in a business base - is a key factor in understanding the forces shaping regional economies.

This book tells the story of what might have been considered an unlikely source of dynamic change in Russia - formerly state-owned manufacturing enterprises and their managers. Based on interviews conducted over a six-year span with managers at 47 manufacturing, light industry, consumer durable, and food processing firms in four Russian cities, the study documents the real world challenge of turning hidebound, often dysfunctional manufacturing operations into thriving companies. With analytical rigor and theoretical creativity, this work will dispel some common misconceptions about the Russian economy and make a contribution to the literature about management, company strategies, and corporate governance.

The Industrial Reorganisation Corporation was created by a Labour Government in 1966 and dissolved by the incoming Conservative Government in 1971. It might have faded into oblivion had it not been for the controversy generated by its highly unusual constitution which gave control of public spending to private sector industrialists and bankers. The IRC used both its influence and its cash to direct or even to thwart market forces in the 'national interest'. It was involved in the key industrial issues of the time, such as the mergers of GEC-AEI-English Electric and the formation of British Leyland. It defeated Rank in its bid to take over Cambridge Instruments, and stopped the Swedish SKF from buying the UK's leading ball-bearing manufacturer. It also moved towards a development bank role, and its small executive team went on to play further leading roles in UK business. This book, first published in 1983, provides the first comprehensive analysis of the IRC.