Eurasian Journal of Business and Economics

13-30

Authors: Santosh Kumar SAHU & Krishnan NARAYANAN

The demand for energy; particularly for commercial purposes, has been growing rapidly with growth of the economy, changes in the demographic structure, rising urbanization, socio-economic development, and the desire for attaining and sustaining self-reliance in some sectors of the economy. Energy intensity of Indian industries is among the highest in the world and specifically the Indian manufacturing sector is the largest consumer of energy sources. This study attempts to analyze the determinants of energy intensity of Indian manufacturing firms using data from the PROWESS database of the Center for Monitoring Indian Economy (CMIE) for the period 2000-2008. The results of the econometric analysis suggest a non-linear (U shape) relationship between energy intensity and firm size, implying that both very large and very small firms tend to be more energy intensive as compared to the medium size firms. The analysis also highlights that, foreign owned firms are less energy intensive as compared to the domestic firms. Further, technology imports are found to be important in contributing to the decline firmlevel energy intensity. The paper also identifies that there is a sizable difference in energy intensity between energy intensive firms and others. In addition, the result also shows that younger firms are more energy efficient as compared to the older firms.

31-50

Authors: Ramazan KAYNAK & Sevgi EKSI

This paper covers highlighting the importance of anti-consumer groups in today’s markets and several outstanding factors shaping their reaction against consumption, which are ethnocentrism, religiosity, environmental and health consciousness. A conceptual model is presented which examines the explaining power of ethnocentrism, religiosity, environmental and health consciousness upon voluntary simplifiers and global impact consumers. Data were collected through an e-questionnaire by sending posts to the anti-consumer websites. A total of 503 useable responses were retained for analysis. The analysis reveals that ethnocentrism, environmental and health consciousness have significant impacts upon anti-consumers. In addition, religiosity has a negative impact upon global impact consumers’ anti-consumption behavior. Raising sensitiveness to environmental and health consciousness and ethnocentrism with regards to dealing with anti-consumers enables companies to have sustainable competitive power. These consumers’ growing satisfaction contributes to consumer loyalty in addition to an increase in market share. Researches related to anti-consumers have traditionally emphasized their impacts upon companies’ profits and reputation. On the contrary, this study reveals the main motivations behind voluntary simplifiers and global impact consumers and puts forth a new perspective by presenting the findings related to anti-consumers in Turkey.

71-86

Authors: Mikołaj TURZYŃSKI

The work concerns the bookkeeping solutions used in Polish farms in the 17th century. On the basis of the source texts analysis three approaches to bookkeeping can be distinguished. Bookkeeping was considered to be: · an administrative tool, · a set of reliable solutions for recording and settling accounts with stewards, · a system for recording and establishing money flow and financial gain. The bookkeeping of that time had the following aims: supervision over the resources, reliable registration of quantity and price values for agricultural and animal produce; examining the accountabilities of the property administrators. People responsible for creation of the bookkeeping in 17th century were experienced farm managers. Their views on the processes taking place in the manor farms were in line with the views of the exponents of European mercantilists.