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RECENT RESEARCHES in BUSINESS ADMINISTRATION, FINANCE and PRODUCT MANAGEMENT

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RECENT RESEARCHES in BUSINESS ADMINISTRATION,

FINANCE and PRODUCT MANAGEMENT

International Conference on DESIGN and PRODUCT DEVELOPMENT (ICDPD '10)

International Conference on FINANCE and ACCOUNTING (ICFA '10)

International Conference on BUSINESS ADMINISTRATION (ICBA '10)

Vouliagmeni, Athens, Greece December 29-31, 2010

ISSN: 1792-7277 ISSN: 1792-7234 ISSN: 1792-7331

ISBN: 978-960-474-265-3

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RECENT RESEARCHES in

BUSINESS ADMINISTRATION, FINANCE and PRODUCT

MANAGEMENT

International Conference on DESIGN and PRODUCT DEVELOPMENT (ICDPD '10)

International Conference on FINANCE and ACCOUNTING (ICFA '10)

International Conference on BUSINESS ADMINISTRATION (ICBA '10)

Vouliagmeni, Athens, Greece December 29-31, 2010

Copyright © 2010, by WSEAS Press

All the copyright of the present book belongs to the World Scientific and Engineering Academy and Society Press. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the Editor of World Scientific and Engineering Academy and Society Press.

All papers of the present volume were peer reviewed by two independent reviewers. Acceptance was granted when both reviewers' recommendations were positive.

See also: http://www.worldses.org/review/index.html

ISSN: 1792-7277 ISSN: 1792-7234 ISSN: 1792-7331

ISBN: 978-960-474-265-3

European Society for Environmental Research and Sustainable Development

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RECENT RESEARCHES in BUSINESS ADMINISTRATION,

FINANCE and PRODUCT MANAGEMENT

International Conference on DESIGN and PRODUCT DEVELOPMENT (ICDPD '10)

International Conference on FINANCE and ACCOUNTING (ICFA '10)

International Conference on BUSINESS ADMINISTRATION (ICBA '10)

Vouliagmeni, Athens, Greece

December 29-31, 2010

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Editors:

Prof. Nikos Mastorakis, Technical University of Sofia, BULGARIA Prof. Valeri Mladenov, Technical University of Sofia, BULGARIA Prof. Metin Demiralp, Istanbul Technical University, TURKEY Prof. Zoran Bojkovic, University of Belgrade, SERBIA

International Program Committee Members:

Joseph Sifakis, FRANCE Lotfi A. Zadeh, USA Leon O. Chua, USA K. R. Rao, USA

Dimitri Bertsekas, USA Biswa N. Datta, USA Irwin Sandberg, USA P. Pardalos, USA A. Manikas, UK T. Kaczorek, POLAND Wlodzislaw Duch, POLAND Sidney Burrus, USA

Leonid G. Kazovsky, USA Georgios B. Giannakis, USA Nikolaos G. Bourbakis, USA Brian A. Barsky, USA Ryszard S. Choras, POLAND Wasfy B. Mikhael, USA M. Kostic, USA

A. Venetsanopoulos, CANADA K. Benra, GERMANY

S. Sohrab, USA Jill Mesirov, USA

Shoshana Wodak, CANADA Serafim Batzoglou, USA Raffaele Giancarlo, ITALY

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Table of Contents

A Novel Method for Determination of Housing Tax Rates 9

A. M. Riad, Hazem M. El-Bakry, Gamal H. El-Adl

Evaluation of Surface Roughness on the Basis of Statistical t-Test and Related Parameters Using Computer Vision System

16 Kedar H. Inamdar

The Effect of Stock Bonus Plan on Performance Outcome 22

Shi-hao Chou, Yen-sen Ni

Development of a Methodology for Analysis of Feasibility of Application of an Emerging Technology in a Given Product

28 Filipe A. A. Corda, Denis A. Coelho

Incentives of Employee Stock Options: Insights from HR Perspectives 34 I-Cheng Lin, Ming-Cheng Wu, Hsiu-Yuan Wang

An Approach to Validation of Technological Industrial Design Concepts with a Bionic Character

40 Denis A. Coelho, Carlos A. M. Versos

Iterative Design of a Novel Bionic CD Storage Shelf Demonstrating an Approach to Validation of Bionic Industrial Design Engineering Concepts

46 Carlos A. M. Versos, Denis A. Coelho

New Decision-Making and Optimization Strategies in the Marketproduction Relationship 52 Sterian Maria Gabriela

An Empirical Analysis on the Relation between Executive Compensations and Financing Decisions

58 Ming-Cheng Wu, Hsiao-Wen Wang, Yi-Ting Hsieh, I-Cheng Lin

A Study about International Strategic Alliance: A Case Study in the Auto Industry 64 Fumihiko Isada

The Relative Trading Activities in Equity-Based Compensations 68 Ming-Cheng Wu, Hsiao-Wen Wang, I-Cheng Lin, Yu-Feng Chen

Firm-Specific Factors as Predictors of Future Returns for Romanian Common Stocks:

Empirical Evidence

73 Cristiana Tudor

The Opposition Between Historic Cost and Fair Value in National and European Accounting 79 Mariana Man, Ion Cucui, Niculescu Nicoleta, Vasilescu Adriana

An Extensible Authentication Protocol with Transport Layer Security and One Time Password in the Multi Hop Mesh Network

88 Myeonggil Choi, Nguyen Manh Thang

Recent Researches in Business Administration, Finance and Product Management

ISBN: 978-960-474-265-3 7

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The Impact of Economic Fluctuations and Overseas Investments on Firm Value 94 Ming-Cheng Wu, Yi-Ting Huang, Wun-Sheng Liang

E-Banking Products and Services for Agribusiness Based Eco-Economy, with Ways “From the Farm to the Fork” in Forecasting the Developed and Developing Countries on Period 2020- 2050-2100

100

Alexandru T. Bogdan, Brindusa Covaci, Violeta Simion, Denis L. Diaconescu, Dan Tepus, Sorin Chelmu, Doru Gabor, Amalia-Geanina Strateanu

Internet-Banking in Global Rural Area and Agribusiness Based on Bioeconomy for

Sustainable Development of Agrifood Green Power in Forecasting the Periods 2020-2050-2100 106

Brindusa Covaci, Alexandru T. Bogdan, Denis L. Diaconescu, Violeta Simion, Dan Tepus, Sorin Chelmu, Doru Gabor, Amalia-Geanina Strateanu

Real Convergence and New Challenges for the EMU Enlargement. A Brief Study for Romania 112 Anca Tanasie

Prediction of Wear Mechanisms in High Speed Steel Hobs Using Artificial Neural Network 118 Mehdi Jalali Azizpour

Authors Index 123

Recent Researches in Business Administration, Finance and Product Management

ISBN: 978-960-474-265-3 8

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Authors Index

Azizpour, M. J. 118, Lin, I.-C. 34, 58, 68 Bogdan, A. T. 100, 106 Man, M. 79 Chelmu, S. 100, 106 Ni, Y.-S. 22 Chen, Y.-F. 68 Niculescu, N. 79

Choi, M. 88 Riad, A. M. 9

Chou, S.-H. 22 Simion, V. 100, 106 Coelho, D. A. 28, 40, 46 Sterian, M. G. 52 Corda, F. A. A. 28 Strateanu, A.-G. 100, 106 Covaci, B. 100, 106 Tanasie, T. 112 Cucui, I. 79 Tepus, D. 100, 106 Diaconescu, D. L. 100, 106 Thang, N. M. 88

El-Adl, G. H. 9 Tudor, C. 73

El-Bakry, H. M. 9 Vasilescu, A. 79 Gabor, D. 100, 106 Versos, C. A. M. 40, 46 Hsieh, Y.-T. 58 Wang, H.-W. 58, 68 Huang, Y.-T. 94 Wang, H.-Y. 34 Inamdar, K. H. 16 Wu, M.-C. 34, 58, 68

Isada, F. 64 Wu, M.-C. 94

Liang, W.-S. 94

Recent Researches in Business Administration, Finance and Product Management

ISBN: 978-960-474-265-3 123

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