European Journal of Social Sciences

Volume 56 No 4
June-July, 2018
Modelling the Demand for Electric Vehicles
Mohammad M. Hamed and Basel M. Al-Eideh
This paper addresses the demand for electric vehicles (EV). More specifically, the paper develops a number of disaggregate models to estimate the future demand for EV in Jordan. Two approaches were developed to estimate the future demand. The first relates to Information Indices (II) and the second relates to Poisson regression model. Data from a random sample of 253 respondents were used to estimate the models. Analyses conducted in this paper clearly provide insights into some of the factors that play a role in the demand for EVs in Jordan. Empirical outcomes of this paper confirm earlier findings reported in the literature. Unlike other papers, we estimated Poisson regression and Information indices models and provided forecasts of the demand for EV in the near and medium future (one to four years from now).
Estimation results presented in this paper clearly show that both EV technological limitations (limited driving range), lack of charging stations and un-availability of proper repair facilities play a key role in the demand for EVs in Jordan’s market. More specifically, with the availability of charging stations and proper repair facilities/shops consumers are more likely to choose shorter durations to purchase EV. If these two factors were unavailable, consumers are likely to wait and not purchase now. Other factors that turned out to be significant and affect the demand are: age, gender, total household income level, driver’s occupation and driving experience. It is important to note also that drivers who currently own an EV or a hybrid car are more likely to have shorter durations to buy EV when compared with those without EV or hybrid car. Results from this study indicate that consumers in Jordan are likely to consider EVs as an alternative to conventional or hybrid cars (with internal combustion engine cars) during the purchasing process.
Keywords: Electric vehicles, demand modeling, Information Indices, Regression.
Derivative Contracts in Business Law. Between the Shari'a and Law
Docteur/ Sinan AL Shattnawi
Derivative contracts may at some point clash with Shari'a rules in terms of the existence, or in the case of delivery or the appraised amount. It is in fact one of the means by which the market attracts its customers by relying on luck, risk and sometimes gambling, and this is for the reason that the investor may have the intention to take advantage of an opportunity due to his view and anticipation of a future situation of the market and buy the right to access shares, currency or both, it may achieve what he was hoping for which is a profit, and he may losses. The investor's intention may be at certain times to protect himself against an expected loss by placing the risk on another party and obliging him to buy when the damage is incurred for a price that protects him against the loss caused by lower prices, increasing competition for financial markets, reorganizing savings and investment, globalization of financial markets and technological progress.
Derivative contracts are divided into four types: Forward Contracts, Futures Contracts, Option Contracts and Swaps, taking in consideration that each contract has specific characteristics, but in the same time each contract of the four types has the same financial risk management.
The Risk of Allocating A Financial Liability in A One Person Company: A Comparative Study
Zein Ghanem Abdul-Jabbar
The federal legislator has developed new forms of companies in companies law no. 2 of 2015 including (One Person Company), which is incorporated in accordance with the provisions of the Federal Companies Law, where One Person Company can take the form of a limited liability company subject to the same provisions, or may be a private joint stock company and therefore the provisions of private joint stock company can be then apply.
There is no doubt that the One Person Company contributes to the expansion and development of the scope of commercial and industrial projects on the one hand ,and eliminates the fake multiplicity in companies that have been established.
Since the One Person Company is a commercial enterprise whose owner is solely responsible for the company's debt within the company's capital, the principle of " financial allocation " is clearly evident in this respect, which makes the company's liability completely separate from the owner's financial assets.
If the company's activity is positive and has not been hindered by any trammels, then there is no risk to the company's creditors. However, there are risks when the company's business becomes disrupted by its debts, and then real problem of financial allocation and the inability to settle debts appears.
Changes in Target Employees’ Old and Current Organizational Identification and the Impact of Motivational Cultural Intelligence
Ralf Bebenroth and Maimunah Ismail
This study investigates changes in organizational identification of target employees in a post cross-border acquisition. The study also examines the influence of motivational cultural intelligence on organizational identification of target employees. We examined organizational identification using the Social Identity Theory as the underlying theoretical framework. The study found evidence that the process of organizational identification is a continuous and slow process, remaining stable to the old but increasing to the new firm. Also, motivational CQ of target employees influenced the degree of organizational identification to the new firm.
The findings in this study showed that organizational identification and motivational cultural intelligence of target employees are important factors what need to be taken into account after a cross-border acquisition has taken place.
Keywords: organizational identification; motivational CQ; cross-border acquisition; Social Identity theory; Japan.