Benchmarking Tax Compliance Efficiency Among South African Retail Firms Using Stochastic Frontier Approach

Random selection of taxpayers for audit mostly nets tax compliant taxpayers. There is hence a need to adopt other methods that are efficient and and effective in performing their specific and general deterrence roles. This article uses profit efficiency benchmarking to analyze selected retail firms tax compliance risk in South Africa over the 2005–2006 period. It seeks to identify firms that should be audited because of their suspected tax compliance risk, using a stochastic frontier analysis. The profit efficiency estimates of 24 retail stores are used to rank them in terms of their performance. They are also tracked over time. Approximately, 50 percent of the firms performed better than the average profit efficiency of 0.39. The top 10 firms are significantly performing better. However, the bottom 50 percent of the retail firms performed poorly and could be targeted for tax audit.     

The Fate of the State Revisited

The State, which during the three and a half centuries since the Treaty of Westphalia (1648) has been the most important and the most characteristic of all modern institutions, appears to be declining or dying. In many places, existing states are either combining into larger communities or falling apart; in many places, organizations that are not states are challenging them by means fair or foul. On the international level, we seem to be moving away form a system of separate, sovereign, legally equal, states towards less distinct, more hierarchical, and in many ways more complex political structures. Inside their borders, it seems that many states will soon no longer be able to protect the political, military, economic, social and cultural life of their citizens. These developments are likely to lead to upheavals as profound as those that took humanity out of the middle ages and into the modern world. Whether the direction of change is desirable, as some hope, or undesirable, as others fear, remains to be seen.     

Outlaw Private Security Firms: Criminal and Terrorist Agendas Undermine Private Security Alternatives

The thousands of large and small private security establishments operating around the world today continue to expand in number, diversity, and capability. Government oversight is often lacking, and the impact on local, national and regional security and stability may be substantial. In the most troubled areas, the pockets of security provided by private security regimens provide may mean the difference between a failed state and one that is at least faltering. However, the advantages of “private security firm cover” quickly became evident to criminals and groups with terrorist agendas as well. This assessment addresses numerous cases from around the world of private security establishments that were either formed for—or otherwise turned to—the pursuit of criminal or terrorist purposes. The stated jihadist intent to infiltrate such companies underscores the need for law enforcement and intelligence attention to the recruiting, affiliations and activities of these security enterprises.     

Financial industry groups' adaptation to the post‐crisis regulatory environment: Changing approaches to the policy cycle

This article explores the advocacy efforts of financial industry groups since the financial crisis. I describe key changes in the post‐crisis financial regulatory environment and argue that financial industry groups have adapted their advocacy strategies to these new conditions in innovative ways. Faced with a more challenging environment, financial industry groups have shifted their emphasis along the different stages of the policy cycle. Specifically, increased issue salience and a strained policy network have weakened financial industry groups' capacity to veto regulatory proposals at the stage of actual policy formulation. Focusing on the advocacy strategies of the global banking and derivatives industries, I show evidence that the response has been to invest in more subtle advocacy strategies which focus on other stages of the policymaking cycle. Self‐regulatory moves attempt to affect the agenda setting stage of policymaking, and a strong focus on the timing, rather than the content of new regulations, has attempted to affect the implementation stage. Such a transformation of advocacy strategies differs sharply from most depictions of financial industry groups simply “blocking” regulatory change since the global financial crisis.     

Policy Reforms and Evolution of Market Structure in an Emerging Economy: The Case of India

Policy reforms have facilitated entry of quite a few transnational corporations (TNC) into Indian industries. This has important implications for the evolution of competitive industrial structure. This article focuses on the issue of the response mechanism of local firms to competition from new entrant TNCs and the possible strategies of TNCs in penetrating the Indian market. It develops a conceptual framework by incorporating elements of intangible assets theory and new institutional economics into a simple sequential entry oligopoly model. This yields interesting insights into qualitative behaviour of firms in the post-reforms period. A few hypotheses drawn from the conceptual framework are empirically tested on the basis of firm level panel data drawn from a set of Indian industries.     

Perception of risks associated with economic sanctions: the case of Russian manufacturing

This paper is focused on assessing the risk factors for Russian manufacturing firms posed by sanctions imposed on Russia by the EU, US, and other countries in 2014. While there is an extensive literature assessing the successes and failures of international sanctions on the economies of both those imposing and targeted by sanctions on a macroeconomic level, we are more interested in trying to understand the corporate response – i.e. which firms evaluate the introduction and increasing scale of economic sanctions as a threat to their corporate strategy, and their possible reactions aimed at adjusting to a changing environment due to the geopolitical shock. Our research, based on a recent survey of manufacturing companies, provides evidence that over the last decade Russian manufacturing firms have become much more integrated into the global economy than is commonly assumed, through foreign direct investment, foreign trade (including imports of both technological equipment and raw materials and components), international partnerships, and by extensively supplying foreign companies that operate in Russia. Considering the self-selection effect of the top-performing firms in terms of foreign trade, we can state that sanctions could prove most harmful not only for the targeted firms, but for the entire population of better-performing and globalized firms involved in foreign trade with the EU and Ukraine. Thus, the impact of the sanctions on the prospects of the Russian manufacturing sector may be very strong over the medium-to-long term.     

The Global Gold Mining Industry,Junior Firms,and Civil Society Resistance in Guatemala

Over the past two decades, the gold mining industry has increased its activity in Latin America. Growing contestation and conflict around gold mining projects have accompanied this shift. This article draws from the case of Guatemala, where metal exploration has grown by 1,000 per cent since 1998, to illustrate how the proliferation of small ‘junior’ firms – together with neoliberal investment policies and suitability of mineralisation – set the stage for fly‐by‐night gold mining and, therefore, intense resistance from host communities to mineral development.     

韩国与日本企业在华投资趋势分析

本文从投资规模、目的、领域和区域分布等方面分析韩国企业与日本企业对华直接投资的变迁过程及其特点。近年来，韩El企业在对华投资目的上越来越倾向于开拓中国市场。对华投资的行业类别上，虽然投资产业集中在制造业的格局没有改变，但是在批发零售业、金融业等非制造业领域也呈现增长趋势。今后，在强化技术开发和零部件采购本地化的基础上，开发建立适应中国消费市场变化的产品与销售体制，积极拓展内陆地区以及二、三级城市市场将是韩日企业需要解决的重要课题。     

University Technology Transfer and Manufacturing Innovation: The Case of Italy

This article analyzes the influence of universities on Italian firms' probability to innovate. Using firm‐level data, we focus on institutionalized technology transfer (TT) activities in universities, namely spin‐offs, patents, and research contracts. Results show that TT activities play a significant role in the probability to innovate by Italian manufacturing firms located in the same province as the university. Nevertheless, the effect is not uniform: the contribution of university TT activities to the probability of firms' innovating is concentrated in certain territorial areas (North‐East and Center) and sectors (science based and scale intensive) and among firms that are large.     

非公有制企业党组织在加强社会管理中发挥作用问题研究

非公有制经济组织是社会管理的重要领域,也是加强和创新社会管理的重要力量。在创新和加强社会管理中,非公有制企业党组织发挥作用的途径和方法是,引导企业依法生产经营,做好思想政治工作,构建和谐劳动关系,畅通员工诉求表达渠道和协同做好企业综合治理。为非公有制企业党组织充分发挥作用创造良好外部环境,需要在非公企业中,尽早明确党组织功能定位,不断扩大党组织工作覆盖,加强经营管理者队伍建设、"红色CEO"和党员人才队伍建设、服务型基层党组织建设,以加强流动党员管理服务带动外来人员管理服务,完善与社会管理相关政策法规。