878 research outputs found

    The relationships between brand attributes and word of mouth on brand identity and brand image

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    Companies all around the world have to deal with issues relating to brand image development and maintenance because brand image can affect their brand performance. Based on the attribution theory, this research examined the impact of the components of brand attributes, namely brand relevance, brand consistency, brand sustainability, brand credibility, brand uniqueness and word of mouth (WOM) of brand image. This study also evaluated the mediating influence of brand WOM identity on the relationship between the brand attribute components, WOM and brand image. Insufficient empirical attention, particularly in relation to the attribution theory, was the driving force for the current study to be undertaken. Two hundred and fifty-four travellers via two airports located in the northern region of Malaysia participated in this study. A cross-sectional survey approach and the quota sampling technique were adopted to select the participants, and PLS algorithm and bootstrapping techniques were deployed to test the hypothesized relationships. The PLS path modelling reported significant results of the major hypotheses; brand sustainability was the only variable not significantly related to brand image. It was found that brand identity mediated significantly the relationship between brand attributes, WOM and brand image. Overall, the results provide support for the attribution theory in that brand attributes, namely brand relevance, brand consistency, brand sustainability, brand credibility, brand uniqueness and word of mouth can help shape consumers' perceptions which ultimately result in harnessing brand image. Finally, the study's implications for theory and practice, limitations, conclusions as well as directions for future research are provided and discussed

    Air Traffic Management Abbreviation Compendium

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    As in all fields of work, an unmanageable number of abbreviations are used today in aviation for terms, definitions, commands, standards and technical descriptions. This applies in general to the areas of aeronautical communication, navigation and surveillance, cockpit and air traffic control working positions, passenger and cargo transport, and all other areas of flight planning, organization and guidance. In addition, many abbreviations are used more than once or have different meanings in different languages. In order to obtain an overview of the most common abbreviations used in air traffic management, organizations like EUROCONTROL, FAA, DWD and DLR have published lists of abbreviations in the past, which have also been enclosed in this document. In addition, abbreviations from some larger international projects related to aviation have been included to provide users with a directory as complete as possible. This means that the second edition of the Air Traffic Management Abbreviation Compendium includes now around 16,500 abbreviations and acronyms from the field of aviation

    Exploring the Driving Forces of the Bitcoin Exchange Rate Dynamics: An EGARCH Approach

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    Bitcoin is a virtual currency scheme that is characterised by a decentralised network and cryptographic transfer verification which has been attracting much public attention due to its technological innovation and its high exchange rate volatility. In this paper, Bitcoin’s exchange rate movement from 2011 to 2018 and its relationship with the global financial markets are explored using an EGARCH framework. The results are as follows. First, fundamentals and Bitcoin-related events play a critical role in the exchange rate formation of Bitcoin. Second, the impact of regulation-related events on Bitcoin indicates that market sentiment is responding to market regulation statements. Third, news coverage is an essential factor in driving the volatility of Bitcoin. Fourth, Bitcoin may be a hedge in times of calm financial markets and a safe haven against uncertain economic policy but is likely to expose to flight-to-quality as global financial uncertainty increases. Lastly, the positive effect of the central bank’s announcements on Bitcoin is marginal enough to rule out the involvement of global expansionary monetary policy in inflating Bitcoin’s exchange rate over the past years, as it may have been the case with traditional asset prices after the great recession

    Exploring the Driving Forces of the Bitcoin Exchange Rate Dynamics: An EGARCH Approach

    Get PDF
    Bitcoin is a virtual currency scheme that is characterised by a decentralised network and cryptographic transfer verification which has been attracting much public attention due to its technological innovation and its high exchange rate volatility. In this paper, Bitcoin’s exchange rate movement from 2011 to 2018 and its relationship with the global financial markets are explored using an EGARCH framework. The results are as follows. First, fundamentals and Bitcoin-related events play a critical role in the exchange rate formation of Bitcoin. Second, the impact of regulation-related events on Bitcoin indicates that market sentiment is responding to market regulation statements. Third, news coverage is an essential factor in driving the volatility of Bitcoin. Fourth, Bitcoin may be a hedge in times of calm financial markets and a safe haven against uncertain economic policy but is likely to expose to flight-to-quality as global financial uncertainty increases. Lastly, the positive effect of the central bank’s announcements on Bitcoin is marginal enough to rule out the involvement of global expansionary monetary policy in inflating Bitcoin’s exchange rate over the past years, as it may have been the case with traditional asset prices after the great recession

    The Reasonable Intelligence Agency

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    Article 57(2) of the First Additional Protocol to the Geneva Conventions requires parties to an armed conflict to “do everything feasible to verify” their objects of attack and take “all precautions” to minimize civilian casualties and unintentional damage to civilian property. This obligation has been interpreted in international law to require state parties to set up an “effective intelligence gathering system” that would properly identify targets using all technical means at the disposal of the combating forces.But existing law has failed to define what “effective intelligence” looks like. Quite the opposite. Modern history is filled with examples of intelligence errors that resulted in calamitous civilian casualties. In this paper I look at three such case studies, spanning various historical periods, geographical zones, and belligerent parties. Examining these cases, this Article makes the claim that faults in wartime intelligence production are not inevitable as is often presumed and that it is for a lack of specific regulation within the treatises of International Humanitarian Law (IHL) that they occur at the rate that they do.The paper makes two important contributions: First, it highlights a temporal and spatial disconnect between the intelligence and military functions, which is not sufficiently accounted for in our contemporary laws of war. Tribunals and military manuals guide us to rely on the reasonable commander test in determining the lawfulness of a particular strike. Yet, in the process we overlook the fact that any reasonable commander will turn to her reasonable intelligence agency —the contours of this standard are conspicuously under-defined. Second, the paper demonstrates the existence of an accountability gap in IHL for faulty intelligence used in targeting decisions. The paper takes a first step at proposing a new duty of care, under which states will be held civilly liable for unreasonable intelligence errors that are found to be the cause for the otherwise avoidable civilian harm

    Imagining a New Belfast: Municipal Parades in Urban Regeneration

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    This work highlights civic events and celebration as functional components of Belfast, Northern Ireland's ongoing post-conflict regeneration. Exploring the broad networks that fund and organize such events through a material semiotic approach, this dissertation sketches an outline of the process that produces parades, and examines the motivations and intentions behind them. It finds that parades function within a negotiated process of "place-making" to convey idealized visions of a peaceful "New Belfast". In particular the tropes of multiculturalism and European identity are repeated as aspirational ideals for Belfast's regeneration. The parades display, and in doing so reify these ideals as a temporary reality. Longer-term effects of the parades are difficult to determine, but they may potentially change public opinion regarding the social space of the city center, leading to more integrated and liberal use of the city center. In these events, issues central to Belfast's political life--from tourism, physical redevelopment, to European integration--are addressed through carnivalesque play and performance, as the events' producers and participants imagine Belfast's future urban identity
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