Carbon neutrality targets, optimal environmental management strategies & the role of financial development: New evidence incorporating non-linear effects and different income levels

2021 ◽  
Vol 297 ◽  
pp. 113352
Author(s):  
Natthinee Thampanya ◽  
Junjie Wu ◽  
Christopher Cowton
Keyword(s):  
Environmental Management ◽  
Financial Development ◽  
Management Strategies ◽  
Income Levels ◽  
Carbon Neutrality ◽  
Environmental Management Strategies ◽  
Non Linear ◽  
Linear Effects ◽  
New Evidence

scholarly journals Sensitivity of wavepackets in jets to non-linear effects: the role of the critical layer

2015 ◽  
Author(s):  
Gilles Tissot ◽  
Mengqi Zhang ◽  
Francisco C. Lajús ◽  
André V. Cavalieri ◽  
Peter Jordan ◽  
...  
Keyword(s):  
Critical Layer ◽  
Non Linear ◽  
Linear Effects

The impact of institutional factors on corporate mechanism of cash adjustment – New evidence from emerging Asia

2022 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Santanu Das ◽  
Ashish Kumar ◽  
Asit Bhattacharyya
Keyword(s):  
Financial Development ◽  
Cash Holdings ◽  
Content Type ◽  
Adjustment Mechanism ◽  
Management Policies ◽  
New Evidence ◽  
Corporate Cash Holdings ◽  
Adjustment Dynamics ◽  
Country Specific

PurposeThe purpose of this study is to understand how the business environment of a country has an impact on cash management policies of the firms and also to investigate if there is any asymmetry in cash adjustment dynamics when a firm deviates from its long-term target of cash holdings.Design/methodology/approachUsing a sample of seven emerging Asian countries in the period 2001–2019, the authors investigate the role of country specific variables in the corporate cash holdings and their cash adjustment mechanism. They use the panel data regression method to estimate the results.FindingsThe authors find that the overall financial development of a country has a significant impact on corporate cash holdings and cash adjustment dynamics. When a firm has excess cash, the speed of adjustment towards the target is faster as compared to when it has deficit cash holdings. Further, when a firm holds excess cash, it adjusts towards the target using cash from investments; in case of deficit cash holdings, the adjustment happens via cash from financing activities.Practical implicationsThe results of the study are helpful to corporate managers as these are important references to them to understand and design cash management policies by considering factors that are measured at the country level. It also provides them a clearer understanding about the role of corporate board and information asymmetry in cash holdings.Originality/valueThis is the first study which examines the role of country-specific variables on corporate cash holdings and their adjustment mechanism of firms in emerging Asia. Further, the study extends the literature by providing new evidence that there is asymmetry in cash adjustment dynamics of firms after controlling for the overall financial development of a country.

scholarly journals Institutional pressures and corporate environmental management maturity

2019 ◽  
Vol 30 (1) ◽  
pp. 157-175 ◽  
Author(s):  
Nuwan Gunarathne ◽  
Ki-Hoon Lee
Keyword(s):  
Environmental Management ◽  
Service Sector ◽  
Management Practices ◽  
Management Strategies ◽  
Analytical Framework ◽  
Institutional Pressures ◽  
Content Type ◽  
Corporate Environmental Management ◽  
Environmental Management Strategies ◽  
Integration Stage

Purpose The purpose of this paper is to examine how corporate environmental management strategies at different environmental management maturity (EMM) stages are influenced by institutional forces in the service sector organizations of a developing country. Design/methodology/approach The authors used a multiple case study approach in this study. Institutional isomorphic pressures (coercive, mimetic and normative) at different EMM stages were used as the analytical framework. Findings The study finds coercive pressures largely shape the corporate environmental management strategies at the reactive stage while mimetic pressures have the greatest influence on the internal integration stage. Combined mimetic and normative pressures influence the environmental strategies at the external integration stage. Further, it emphasizes the importance of various institutional pressures in propelling the organizations in the developing countries to benefit from higher levels of EMM. Originality/value This paper offers a new theoretical approach that highlights the importance of considering the institutional influence of the top-down process of diffusion and simultaneous counter-process of invention by which the lower level organizational actors shape and change their environmental management practices for corporate EMM.

Inflationary Thresholds, Financial Development and Economic Growth: New Evidence from Two West African Countries

2017 ◽  
Vol 17 (2) ◽  
pp. 20160042 ◽  
Author(s):  
Bernard Njindan Iyke ◽  
Nicholas M. Odhiambo
Keyword(s):  
Economic Growth ◽  
Financial Development ◽  
Inflation Rate ◽  
Data Availability ◽  
Development Economic ◽  
African Countries ◽  
Inflation Rates ◽  
New Evidence ◽  
Threshold Range

This paper examines the role of inflationary threshold effects in the finance-growth relationship for Ghana and Nigeria. Ghana and Nigeria are relatively homogenous in terms of financial development, economic growth, and inflationary history and therefore provide an acceptable choice for this empirical analysis. Due to lack of data availability, the sample spans the period 1964–2011 for Ghana and 1961–2011 for Nigeria. Using appropriately specified threshold regressions, we found inflationary thresholds in both countries during the study periods. Specifically, the inflationary threshold range for Ghana is 10.73 %–29.83 %. For Nigeria, the inflationary threshold range is 10.07 %–19.25 %. By estimating the threshold regressions, we found financial development to have positive and significant effect on economic growth during low and moderate inflationary regimes; and insignificant effect on growth during high inflationary regimes, for both countries. In particular, financial development impact greatly on growth in Ghana when the rate of inflation is below a threshold of 10.73 % but dissipates when inflation rate reaches and exceeds 29.83 %. Similarly, financial development impact greatly on growth in Nigeria when the rate of inflation is below a threshold of 10.07 % but dissipates when inflation rate reaches and exceeds 19.25 %. The results imply that policymakers in these countries should take inflation into account when devising policies to promote financial development with the aim of generating economic growth. For without low or moderate inflation rates, such policies will not achieve their intended purposes.

scholarly journals Las corridas de ganado en Molinos: una propuesta de Etnografía Visual sobre la trashumancia de ganado en los Valles Calchaquíes Septentrionales, Salta, Argentina

ILUMINURAS ◽  
2015 ◽  
Vol 16 (40) ◽  
Author(s):  
Andrés Jakel ◽  
Laura Teves
Keyword(s):  
Environmental Management ◽  
Management Strategies ◽  
Central Andes ◽  
Visual Ethnography ◽  
South Central ◽  
Spatial Range ◽  
Environmental Management Strategies ◽  
Cattle Management ◽  
Preliminary Study ◽  
Temporal And Spatial

El presente trabajo constituye una aproximación preliminar al estudio de la actividad de las corridas de ganado en el Departamento de Molinos en los Valles Calchaquíes septentrionales, Salta, Argentina. Se toma como caso el evento de la “separada” de animales, que es la culminación del gran evento de la “corrida”, el cual consta de un desarrollo secuenciado y pautado, de alcance temporal y espacial en la región. Se intenta realizar un aporte al estudio de las estrategias de manejo del ambiente en los Valles Calchaquíes salteños septentrionales, a través del caso de las corridas de ganado en Molinos. Al mismo tiempo buscamos testear la aplicabilidad y eficacia de la metodología de la etnografía visual para el estudio de las relaciones hombre – medio, y sus implicancias en la percepción, manejo y movilidad de estas comunidades en su entorno natural y social.Palabras-clave: Manejo de ganado. Relaciones hombre-medio. Etnografía visual. Andes centrales surCattle Management in Molinos: a proposal for Visual Ethnography on the transhumance of cattle in Northern Calchaquí Valleys, Salta, ArgentinaAbstractThis work is a preliminary study of the activity of cattle management in Molinos in the northern Calchaquí Valley, Salta, Argentina. We take as a case of study the event of "separada" of animals, which is the culmination of the great event of the "corrida", which consists of a sequenced development with wide temporal and spatial range in the region. Our proposal tries to make a contribution to the study of environmental management strategies in northern Salta Calchaquí Valleys, through the case of cattle management in Molinos. At the same time we seek to test the applicability of visual ethnography as a strategy to study the perceptions, management and mobility of these communities in their natural and social environment.Key words: Cattle management. Relationships between humans and their environment. Visual ethnography. South central Andes. 

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