J  .  A  . M  . I

Journal of Applied Management and Investments



ISSN 2225-3467



icon2 Journal Home

icon2 Aims and scope

icon2 Editorial Board

   Current Issue & Archive

icon2 Authors Guidelines

icon2 Editorial Contacts










Current Issues & Archive

 Volume 6 Issue 2 2017                                  Abstracts







    Efficiency of Public Healthcare: A Case of Odessa Hospitals    

I. A. M. Alsharf          

The paper contains the results of analysis of a mixed efficiency for public hospitals in Odessa city. Using several models of the Data envelopment analysis, the author found a relative stability of public healthcare sector, but it needs to reduce its scale for efficiency improvement. The high reserves of reduction in budget financing due to its inefficient use were also idenified. The author asserted that an efficiency of public healthcare sector can be improved via reforming the healthcare system, its commercialization and introduction of the system of medical insurance.

Keywords: efficiency, public healthcare, hospitals, data envelopment analysis, budget financing, Odessa


  A Study of Granger Causality in Latin American Stock Markets       

M. Dash

This study investigates the inter-linkages between the US stock market and the Brazilian, Argentinean, and Mexican stock markets, during the period of 2000-07, prior to the global financial crisis, using the augmented Dickey-Fuller test to check the returns series for stationarity, and the Granger causality test to check for causality of returns between the markets. The results of the study suggest that the US market is closely integrated with the Brazilian market, which in turn is closely integrated with the Argentinian and Mexican markets. The results, thus, indicate integration of the Latin American markets, mediated through the Brazilian market.

Keywords: Inter-linkages between stock markets, augmented Dickey-Fuller test, Granger causality test 


   Socioeconomic Criteria of Healthcare Efficiency: An International Comparison   

A. G. Goncharuk

The paper is devoted to evaluation of the socioeconomic efficiency of healthcare in developing countries. The author proposed several socioeconomic efficiency criteria for the healthcare system that could be calculated using public data of World Health Organization. Applying proposed criteria, the author compared socioeconomic efficiencies for Ukraine and neighboring Eastern European countries: Belarus, Hungary, Poland, Romania, and Russia. Author found that due to a relatively low standard of living, Ukraine has the highest financial leverage among Eastern European countries for saving and prolonging people's lives. That means each dollar invested in the Ukrainian healthcare system gives the highest increase in the expected and saved life of residents of different age groups. However, due to the relatively low investment in health, Ukrainians on average lose 0.5% of life due to diseases and injuries. This indicator in Poland is the best, and the worst it is in Russia, where such losses are even higher than in Ukraine.    

Keywords: healthcare, efficiency, socioeconomic criteria, developing countries


     Corporate Social Responsibility Practice of Bangladesh Road Transport Corporation: A Comparative Study on the Basis of Carroll’s Pyramid 

T. Kumar

The paper tries to explore current practices in CSR by BRTC. The discussion is based on interviews with employees, managers and stakeholders who deal with CSR issues and strategy and an analysis of published reports such as annual reports of consecutive years. Purpose of this paper is to explore the enablers of corporate social responsibility practices in Bangladesh via seeking the views of listed transportation corporation like BRTC in Bangladesh. For this, an in-depth study through multiple methods, for example: exploratory study, interview, were conducted. Findings reveal that BRTC mostly emphasize profitability aspects in comparison to others. They assume that CSR reflects acting as a good corporate citizen, being ethical, obeying the law and being profitable. They define the concept of CSR such as what BRTC do, how they do it and the impact of their behavior on society at large.

Keywords: BRTC, Corporate Social Responsibility, Carroll’s CSR pyramid, sustainable development


  A Critical Study of Commercial Banks’ Credit Risk Assessment and Management for SMEs: The Case of Agricultural Bank of China         

Z. Li, X. Zheng

In China it is difficult for small and middle-sized enterprises (SMEs) to obtain capital and funds through financing from commercial banks because of imperfect financial environment in China and SMEs’ instability contributing to relatively high risks for credit. However, the development of SMEs plays a pivotal role in the Chinese economy and it is important to study the credit financing problem for SMEs. Based on a detailed and critical case study, this paper studies how Agricultural Bank of China (ABC) deals with SMEs’ financing and explores innovative methods. It provides a good example in credit financing for SMEs among commercial banks in China, including credit rating model, credit policies targeted at SMEs and risk control system. From the ABC’s policies towards SMEs, three main suggestions are provided at the end, including preferential policies of credit financing for SMEs, flexible new risk assessment mechanism and adjustment to local business conditions.

Keywords: SMEs, credit, financing, risk assessment, commercial banks, China



 Destination Marketing and Promotion Through Film Tourism: An Empirical Study of Hadoti Region of Rajasthan

A. Sharma

Film tourism is a buzz word around the world. Films and television shows are intense devices to shape images and make new ones in every age group of person. The growth of the film industry is enhanced a lot because of many reasons especially because of international celebrity involvement. Nowadays shoots at international destinations is a big factor which attracts many of the viewers. Film tourism is a perfect blend of business and recreation. In the present study an attempt has been made to focus upon these two dimensions of film tourism. The research throws a light on the factors which attracts the film producers/directors and the crew to shoot at a certain destination. It also highlights the factors which can attracts the tourists. The most appropriate research methodology for this paper was established from qualitative research which includes questionnaire, observation and interviewing respondents and stakeholder of the selected areas. The researcher also visited the destinations where some of the movies/films have been already shoot. Intensive review of literature has been done to draw the conclusions. It has been observed that films and television shows work as virtual and effective brochures and offer more restrained way of promotion compared to traditional tourism promotional campaigns. Destination positioning just like brand positioning is seen as the vital tool of advertising as it gives access to wider markets. It has been proved in case of a small town like Mandawa of Rajasthan which was only known earlier for the heritage havelis now increased interest of unusual tourists because of film tourism. The research opened up an outlook of film tourism development in Hadoti region also in future.

Keywords: film tourism, destination positioning, tourism marketing



 Contribution of Operations Manager in a Nonprofit Organization in Bangladesh

L. Tazkia, R. Azad, T. Islam

This research paper is aimed at investigating the scopes of operations managers contributing to education institution like school, which works as a nonprofit organization in Bangladesh. The sample consisted of 80 people in total, who are involved into the school activities, from two different schools in Dhaka. Data was compared and hypothesis test was done. The findings indicated that there are scopes for operations managers to work in the schools in Bangladesh to improve a school’s systems of activities involving strategy development, standard work procedure, effective service, efficiency of service.

Keywords: operations manager, nonprofit organization, strategy development, standard work procedure, effective service, efficiency of service



 Expansion and Internationalization of Manufacturing MSMEs Mexicanas

J. G. Vargas-Hernández, L. M. V. Villegas Martinez

This article presents aspects of the problem that micro, small and medium enterprises (MSMEs) in the industrial manufacturing sector in Mexico have experienced. In conducting this research on this sector, a number of conclusions that have allowed making some recommendations to structure a proposal for internationalization strategies for Mexican manufacturing SMEs have been got. They will help to change the current status of the sector at national and international level. as the specific research results achieved so far are represented in paper.

Keywords: expansion, internationalization, manufacturing, Mexico, MSMEs, strategies



 Project Review: International Competence Center on Large Scale Agriculture at the Leibniz Institute of Agricultural Development in Transition Economies

T. Gagalyuk





(c) 2011-2017 Journal of Applied Management and Investments