The impact of size and age of the company on assessing financial risk

Textiles and tourism sectors are two important sectors in Portuguese economy. Its high exposure to both internal and international economy volatility transform the companies operating in these economic sectors especially vulnerable to recent economic crises in Portugal and European Union. The objective of this paper is to evaluate and understand the impact of size and age on the financial health of textile and tourism companies, measured by economic indices. An empirical based model is proposed. Its implications are derived and tested on a sample of 4061 Portuguese companies from textile and tourism sector, during the period 2005-2009. The results conclude that age has a stronger impact on the risk of failure than size. Whereas the effect of age is generally positive regarding the financial health of the company, the effect of size is less clear and depends on the age of the company.

The impact of size and age of the company on assessing financial risk.

Textiles and tourism sectors are two important sectors in Portuguese economy. Its high exposure to both internal and international economy volatility transform the companies operating in these economic sectors especially vulnerable to recent economic crises in Portugal and European Union. The objective of this paper is to evaluate and understand the impact of size and age on the financial health of textile and tourism companies, measured by economic indices. An empirical based model is proposed. Its implications are derived and tested on a sample of 4061 Portuguese companies from textile and tourism sector, during the period 2005-2009. The results conclude that age has a stronger impact on the risk of failure than size. Whereas the effect of age is generally positive regarding the financial health of the company, the effect of size is less clear and depends on the age of the company.

Finnair’s “New Silk Road” in the New Millennium: An Analysis of the Construction of Asia and of the Company

During the past century, an increasingly diverse world provided us with opportunities for intercultural communication; especially the growth of commerce at all levels from domestic to international has made the combination of the theories of intercultural communication and international business necessary. As one of the main beneficiaries in international business in recent years, companies in airline industries have developed their international market. For instance, Finnair has developed its Asian strategy which responds to the increasing market demand for flights from Europe to Asia in the new millennium. Therefore, the company manages marketing communication in a global environment and becomes a suitable case for studying the theories of intercultural communication in the context of international marketing. Finnair implemented a large number of international advertisements to promote its Asian routes, where Asia has been constructed as a number of exotic destinations. Meanwhile, the company itself as a provider of these destinations has also been constructed contrastively. Thus, this thesis aims at research how Finnair constructs Asia and the company itself in the new millennium, and how these constructions compare with the theories of intercultural communication. This research applied the theories of international marketing, intercultural communication and culture. In order to analyze the collected corpora as Finnair’s international advertisements and its annual reports in the new millennium, the methods of content analysis and discourse analysis have been used in this research. As a result, Finnair has purposefully applied the essentialist approach to intercultural communication and constructed Asia as an exotic “Other” due to the company’s market orientation. Meanwhile, Finnair has also constructed the company itself two identities based on the same approach: as an international airline provider between Europe and Asia, as well as a part of Finnish society. The combination of intercultural communication and international marketing theories, together with the combination of the methods of content analysis and discourse analysis ensure the originality of this paper.

Deed of agreement ... established in ... MDCCLXXX : with a copious index, containing all the rules of the company.

Mode of access: Internet.

The ordinances of the Clothworkers' Company together with those of the ancient guilds or fraternities of the fullers & shearmen of the city of Lon don, transcribed from the originals in the possession of the Company.

Includes index.

A short account of portraits, pictures, plate, etc., etc., in the possession of the Company,

At head of title: Worshipful company of fishmongers of London.

A transcript of the registers of the Company of Stationers of London, 1554-1640, A.D. Edited by Edward Arber.

Reprint. Originally published: London : Privately printed, 1875-1894.

Charter, by-laws, officers and directors of The Union Labor Life Insurance Company and examination of the company by the Insurance Department of Maryland as of March 23, 1927.

Mode of access: Internet.

The West River Oil Company, of Yates County, N.Y. Capital stock, $500,000. Shares, $10 each. Office of the Company, Bennett's Block, Main Street, Canadaigua.

Mode of access: Internet.

Worshipful Company of Fishmongers of London. A Short account of portraits, pictures, plate, etc. etc., in the possession of the Company.

Mode of access: Internet.

The company drill of the infantry of the line, together with the skirmishing drill of the company and battalion, after the method of Gen. Le Louterel. Bayonet fencing ...

Mode of access: Internet.

Report of the company,

Mode of access: Internet.

The history of the Derwent & Tamar Assurance Company Limited, 1838-1938. Issued in commemoration of the centenary of the foundation of the company October 24th, 1838.

Cover title.