scholarly journals A study on Inclusive Finance and Enterprise Environmental Investment Single-variable test based on bivariate mechanism

2021 ◽  
Vol 235 ◽  
pp. 01073
Author(s):  
Fei Zheng ◽  
Han Liu ◽  
Teng Li ◽  
Peipei Qiu
Keyword(s):  
Environmental Protection ◽  
Financial Services ◽  
Empirical Test ◽  
Environmental Investment ◽  
Environmental Decision Making ◽  
Deep Integration ◽  
The Impact ◽  
National Environmental ◽  
Rapid Transformation

The deep integration of digital technology and finance is driving a rapid transformation of financial services in China. Inclusive Finance, different from traditional finance, how to play the role of “inclusive” on environmental decision-making to promote the national environmental protection work? There is little literature to inquire the role of Inclusive Finance at the micro level. This paper discusses the impact of inclusive finance on enterprise environmental protection investment and its conduction mechanism. The study found that inclusive finance could drive enterprise environmental investment. In particular, the usage depth of inclusive finance has a sustainable effect on the promotion of environmental protection investment. Furthermore, the empirical test of the mechanism shows that inclusive finance can break through the mismatch problems of traditional finance and display a better “inclusive” feature to ease the credit constraints and enhance their ability of technological innovation, which help enterprise to invest in environmental protection. Based on our findings, we provide empirical evidence and policy options for the optimization of inclusive finance to help environment protection.

The Role of Research and Innovation in the Transformation of Agri-Food Systems

2018 ◽  
Vol 12 (2) ◽  
pp. 60-63
Author(s):  
Mariana Sandu ◽  
Stefan Mantea
Keyword(s):  
Technological Progress ◽  
Food Systems ◽  
Food System ◽  
Agricultural Research ◽  
Research And Innovation ◽  
And Performance ◽  
The Impact ◽  
Determinant Factor ◽  
Rapid Transformation

Abstract Agri-food systems include branching ramifications, which connect in the upstream the input suppliers with farmers, and downstream farmers, processors, retailers and consumers. In the last decades, at the level of the regions, food systems have undergone rapid transformation as a result of technological progress. The paper analyzes the changes made to the structure, behavior and performance of the agri-food system and the impact on farmers and consumers. Also, the role of agricultural research as a determinant factor of transformation of agri-food system is analyzed. The research objective is to develop technologies that cover the entire food chain (from farm to fork) and meet the specific requirements of consumers (from fork to farm) through scientific solutions in line with the principles of sustainable agriculture and ensuring the safety and food safety of the population.

scholarly journals Be Green to Be Innovative: The Role of Government Subsidies

2021 ◽  
Vol 9 ◽  
Author(s):  
Yingbo Xu ◽  
Wei Liu ◽  
Ruihui Pu ◽  
Yonghui Xu
Keyword(s):  
Environmental Protection ◽  
Industrial Firms ◽  
Role Of Government ◽  
Market Strategy ◽  
Institutional Legitimacy ◽  
Government Subsidies ◽  
Environmental Investment ◽  
Innovation Activities ◽  
Corporate Innovation

Corporate environmental investment has long been recognized as a non-market strategy that helps secure both economic and social benefits. However, we know much less about how environmental investment affects corporate innovation. We argue that investment in environmental protection is an important source of institutional legitimacy for firms to secure government resources, thus providing financial support for corporate innovation activities. Using a sample of Chinese industrial firms, we find that firms investing more in environmental protection can receive more government subsidies and then have better innovation performance. This study emphasizes the mechanism of government resources, which enriches our understanding of the effect of environmental investment on corporate innovation.

The role of EU-ETS Mechanism as Environmental Investment Promoter in Europe and Developing Countries

2014 ◽  
pp. 85-134
Author(s):  
Carlos Díaz Valdivia
Keyword(s):  
Developing Countries ◽  
Phase I ◽  
Interest Rates ◽  
Kyoto Protocol ◽  
Energy Prices ◽  
Eu Ets ◽  
Environmental Investment ◽  
The Impact ◽  
The Eu

This research attempts to provide a better understanding about the role of the European Union Emission Trading System (EU-ETS) as private environmental investment promoter. It explores the macroeconomic behavior of private environmental investments before and after the implementation of EU-ETS in 2005 until the end of Phase I of the mechanism. Also, private environmental investments are contrasted with variables like: economic growth, interest rates, and energy prices (gas and electricity) in order to quantify the impact of these on private environmental decisions and evaluate the level of impact (slow, moderate and strong) of all these variables together with the EU-ETS implementation on private environmentalinvestment decisions. For this purpose it is used a statistical approach through multiple linear regressions for the cases of Germany, Spain, France and The Netherlands and a single panel estimation with data information of all the countries mentioned. The results show that the signature of Kyoto Protocol in year 1997 -as a preamble of EU-ETS- provided a perverse incentive on private environmental investments until 2004. During Phase I (2005–2007) of the EU-ETS mechanism, private environmental investments showed an important positive recovery that was not enough to reach pre Kyoto Protocol levels. Finally, it is analyzed the investment in developing countries through CDM projects.

Effect of reindeer overgrazing on vegetation and animals of tundra ecosystems of the Yamal peninsula

2012 ◽  
Vol 2 (2) ◽  
pp. 80-91 ◽  
Author(s):  
Mikhail G. Golovatin ◽  
Ludmila M. Morozova ◽  
Svetlana N. Ektova
Keyword(s):  
Yamal Peninsula ◽  
Animal Populations ◽  
Key Points ◽  
Tundra Ecosystem ◽  
Reindeer Population ◽  
The One ◽  
The Impact ◽  
Rapid Transformation ◽  
The Yamal Peninsula

Currently, 380 000 domestic reindeers are grazed on 106000 km2 of the Yamal peninsula. This unique situation was analyzed from a view of an ecosystem role of indigenous people. Attention was paied to two key points: the impact of overgrazing on (1) vegetation and (2) vertebrates. The results of our 30-years investigations were compared with the published vegetation data from the 1930-ies. In our paper, it is demonstrated, that overgrazing has resulted in a substantial transformation of vegetation, mostly in lichen tundra. Recent situation is close to total extinction of lichen pastures on the Yamal peninsula. Due to overgrazing, total availability of grasses and shrubs have also decreased, in grasses by 1.5-2.0 times, low shrubs - almost 8 times, tall shrubs – 2.0 times. The degradation of vegetation leads to desertification of the peninsula. The area of ​​sandy spots with no vegetation is on average about 5.5% of the peninsula land, however, it could reach up to 19% locally. Overgrazing affected the animal populations too. Since 1990, the peaks of lemmings have never reached former high values and become locally-limited and patchy. This has led to a decrease in the number of predators. The number of other tundra birds decreased as well. The decrease reached almost 2 times lower numbers in geese, 3 times in hygrophillous waders, 5.5 times in Lapland bunting, and 2 times in long-tailed Duck and Willow grouse on watershed. The Nenets themselves can not control reindeer population because of rigid social and psychological attitudes based on their traditions. The main aim of the Nenets reindeer-farming is not to create marketable products for a profit, but increasing the reindeer number of itself. A situation has formed, that, on the one hand, the Nenets are not economically dependent upon the society, and on the other hand, the society contributes to preservation of their traditional farming. The Nenets reindeer-farming, thus become an important factor contributing to rapid transformation of tundra ecosystem.

Customer Equity Drivers, Customer Experience Quality, and Customer Profitability in Banking Services: The Moderating Role of Social Influence

2019 ◽  
Vol 23 (2) ◽  
pp. 174-193 ◽  
Author(s):  
Lily (Xuehui) Gao ◽  
Iguácel Melero-Polo ◽  
F. Javier Sese
Keyword(s):  
Social Influence ◽  
Financial Services ◽  
Firm Value ◽  
Customer Experience ◽  
Customer Equity ◽  
Banking Services ◽  
Relationship Equity ◽  
The Impact ◽  
Moderating Role

Financial service organizations are increasingly interested in ways to improve the service experience quality for customers, while customers progressively perceive the commoditization of banking services. This is no easy task, as factors outside the control of the service firm can influence customers’ perceptions of their experience. This study builds on the customer equity framework to understand the linkages between what the firm does (customer equity drivers: value equity, brand equity, and relationship equity), the social environment (social influence), the customer experience quality, and its ultimate impact on profitability. Using perceptual and transactional data for a sample of customers of financial services, we demonstrate the central role played by factors under the control of the firm (value, brand, and relationship equity) and those outside its control (social influence) in shaping customers’ perceptions of the quality of their experience. We offer new insights into the moderating role of social influence in the linkages between the customer equity drivers and the customer experience quality. The managerial takeaway is that the impact of customer equity drivers on the customer experience quality is contingent on the influence exerted by other people and that enhancing customer experience quality can be a way to increase monetary returns.

Virtual currency schemes – the future of financial services

foresight ◽  
2015 ◽  
Vol 17 (4) ◽  
pp. 365-377 ◽  
Author(s):  
Alicja Mikołajewicz-Woźniak ◽  
Anna Scheibe
Keyword(s):  
Financial Services ◽  
Service Sector ◽  
Environmental Changes ◽  
Virtual Currency ◽  
Content Type ◽  
Market Growth ◽  
Starting Point ◽  
The Future ◽  
The Impact

Purpose – The purpose of the paper is to determine the future role of virtual currencies. This paper indicates their pros and cons as alternatives to “real” money and explains their appearance as the reflection of the present trends. It also presents the possible scenarios of their development. Design/methodology/approach – The paper is based on the former foresight research results and literature review. It highlights the main trends in contemporary economy and their impact on financial services. The Bitcoin case is the starting point for the virtual currencies’ market analysis and construction of possible market changes scenarios. Findings – Virtual currency schemes are the reflection of present trends. They are just ahead of our times but may become a common means of payment, changing the way of providing financial services, eliminating intermediaries and marginalizing the role of financial institutions. Research limitations/implications – The multiplicity of virtual currencies and ceaseless introduction of innovations impede the presentation of the complete market picture. The lack of reliable statistical data makes the estimation of the market growth difficult. Practical implications – This paper indicates influence of technology development, virtualization and networking on payment systems’ functioning. Social implications – This paper shows the impact of environmental changes on consumers’ acceptance of virtual currencies. Originality/value – The virtual currency as a payment system is quite new and still a marginalized phenomenon. Nevertheless, the pace of virtual currency market growth after its recent introduction and appearance of Bitcoin successors seems to be the signs of future changes in financial service sector.

scholarly journals PERANAN PROGRAM KOPERASI JASA KEUANGAN SYARIAH BAITUL MAAL WAT TAMWIL ( KJKS BMT) DALAM PEMBERDAYAAN PELAKU USAHA MIKRO KECIL MENENGAH DI KOTA PADANG

2019 ◽  
Author(s):  
Rizki Afri Mulia
Keyword(s):  
Program Implementation ◽  
Financial Services ◽  
Economic Condition ◽  
Cooperative Program ◽  
Savings And Loan ◽  
Small Medium Enterprises ◽  
Medium Enterprises ◽  
The Impact ◽  
Descriptive Method

This research background was found in the implementation of the program Baitul Maal Wat Tamwil (BMT) in Empowerment’s actors UMKM in Padang. The aims of this research was to describe the implementation of Sharia Baitul Maal Wat Tamwil (KJKS BMT) Cooperative Program and to know the impact of KJKS Program implementation through savings and loan program in approaching the access of business capital to SMEs in Padang City. The method used in this research was qualitative research using descriptive method. The research found that the Role of Sharia Financial Services Cooperative Program Baitul Maal Wat Tamwil (KJKS BMT) for the Empowerment of Micro Small Medium Enterprises has been effective by providing financing in the addition of venture capital to UMKM for the development of their business. Although the implementation of KJKS program has been in accordance with existing procedures but has not fully able to improve the welfare of its members. This can be seen from its still found some obstacles in the implementation, constraints faced can be categorized into two forms. Internal obstacles such as: lack of KJKS capital, poor people's mindset about KJKS program, lack of supervision on KJKS program implementation, external constraints such as: the utilization of aid funds that have not maximized, Fructuative Community Economic Condition (unstable), Competitor with product Just like the existence of loan sharks, obstacles that come from the participants of the program carried out efforts such as guidance, the system pick up the ball against members who are stuck in the payment.

scholarly journals ANALISIS PERANAN KREDIT SEKTORAL DAN PENGARUH BI RATE DALAM MENDORONG PERTUMBUHAN EKONOMI NASIONAL

2018 ◽  
Author(s):  
Shafenti ◽  
Irwan ramli osman
Keyword(s):  
Economic Growth ◽  
Panel Data ◽  
Financial Services ◽  
Continuous Interaction ◽  
Ministry Of Finance ◽  
Sustainable Economic Growth ◽  
The Impact ◽  
Method Analysis ◽  
Observation Period

This research discusses about the analysis of the role of sectoral credit and the impact of BI Rate in promoting economic growth in Indonesia with panel data method analysis. Researcher estimates this model by using the structure of stacked panel data and also uses observation period from 2011 to 2015. This panel data also consist of 16 sectors of the economy as the cross section dataset. The objectives of this study are to describe the role of sectoral credit and the impact of BI rate to the GDP In promoting economic growth. Based on fixed effect method by using eviews 9, all independent variables have positive and significant impacts to GDP growth partially and simultaneously. Through this study, researcher expects ministry of finance as the fiscal authority, central bank of Indonesia (monetary authority), and also financial services authority of Indonesia can form a synergy and continuous interaction in designing policies that have impacts on sustainable economic growth in Indonesia

scholarly journals The role of administrative courts in shaping the development directions of the sustainable development principle: remarks regarding case-law in environmental protection and spatial planning cases

2021 ◽  
Vol 20 (4) ◽  
pp. 779-795
Author(s):  
Sylwia Jaśkiewicz-Kamińska
Keyword(s):  
Sustainable Development ◽  
Environmental Protection ◽  
Public Administration ◽  
Spatial Planning ◽  
Case Law ◽  
The Sustainable Development ◽  
Application Of Law ◽  
Administrative Courts ◽  
The Impact

Motivation: This text presents the results of the process of juridization of the sustainable development principle in international, EU and national law, as well as the development of that principle with regard to the application of law practice. Aim: At the same time, the text attempts to define the role of an administrative court as a body reinterpreting the sustainable development principle in environmental protection and spatial planning cases, bearing in mind both the ecological as well as social justice outlook Results: As a result, the study presented focuses on determining the impact of the administrative courts’ established case-law on the application of the sustainable development principle by national public administration authorities.

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