Andreas Kyriakos Georgiou, Nicos Koussis and Ioannis Violaris
The purpose of this paper is to review the evidence regarding the link between accounting education and the industry, with particular emphasis on the links between accounting…
Abstract
Purpose
The purpose of this paper is to review the evidence regarding the link between accounting education and the industry, with particular emphasis on the links between accounting education and firm performance. In particular, the paper investigates corporate governance education and its relation to firms’ performance, to improve the content of business‐related programs at Frederick University.
Design/methodology approach
Survey analysis, action research and literature review are used in order to apply the findings of corporate governance research on course programmes at the university.
Findings
The main recommendation of the research is that new modules have to be introduced for both the accounting and finance and business administration degrees so as to meet the increasing need for corporate governance education. This is reflected in the interviews of managers, the student questionnaires, the faculty interviews and the literature review on the subject. These new modules will serve the increasing needs of the Cyprus business world towards better corporate governance practices. These modules should cover the main theoretical aspects concerning corporate governance and the empirical findings concerning corporate governance education and its relation with performance.
Originality/value
The paper provides new insights as to how corporate governance research could be applied to business‐related degree courses at a university in Cyprus.
Details
Keywords
Angelos Menelaou and Ioannis Violaris
The management of human resources (HR) in the shipping industry is a continuing object of cost management due to the fact that labor cost is becoming an increasingly larger…
Abstract
Purpose
The management of human resources (HR) in the shipping industry is a continuing object of cost management due to the fact that labor cost is becoming an increasingly larger element of the overall operational costs. While the fleet of merchant vessels constantly increases in size, organizations struggle to administrate their personnel more efficiently. The purpose of this paper is to investigate the administrative environment of one of the world's largest crew management companies, Marlow Navigation, in order to identify flaws in management structure and propose the framework variables of respective solutions to improve productivity and quality of work.
Design/methodology approach
A questionnaire survey has been undertaken to gather data related to the administrative productivity of Marlow and to the use of available IT applications. The approach consists of two steps: first, descriptive statistics are used to provide quantitative descriptions of questionnaire results (problem identification). Second, qualitative analysis, through “focus group discussion”, aims to identify the specific administrative areas where changes must be effected and to propose the key parameters for their implementation (solution).
Findings
Enhanced administrative productivity is accomplished through an integrated system of crew management based on specialized IT instruments, innovative workflow and employees’ multidiscipline knowledge.
Originality/value
The proposed key variables of an HR management system can serve as a model for other business organizations, providing a basis for innovative progression with the potential for differentiation from traditional commercial shipping practices.