scholarly journals Different visions of stewardship: understanding interactions between large investment managers and activist shareholders

Author(s):  
Suren Gomtsian
Keyword(s):  
2018 ◽  
Vol 11 (3) ◽  
pp. 77-82 ◽  
Author(s):  
A. I. Masterov

The paper discusses the use of the program-targeted budgeting methodology in the investment stimulation of business in the most problem sectors of the economy. The subject of the study is the dynamics of business activity in key economic sectors adversely affected by factors of the economic and geopolitical nature. The purposes of the study were to identify the key factors that have a negative impact on economic growth and seek options for investment stimulation of business activities in the most problem sectors of the economy using state budget funds. It is concluded that the current practice of budget investment is associated with significant risks and poor justification of investment decisions. Therefore, the American practice of the program budgeting in the implementation of large investment infrastructure projects using budget funds seems to be advantageous. Based on the research findings, methods for increasing the effectiveness of program-target budgeting tools under the Russian conditions are proposed.


2019 ◽  
Author(s):  
Marek Kaminski

p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px 'Helvetica Neue'} <p>The FIFA's ranking of national soccer teams is plagued with paradoxes. One surprising paradox is a dramatic underrating of the hosts of main tournaments. The hosts, who are absent from the preliminaries, for a long time, play only friendlies that award few points. Three models estimate the magnitude of the resulting “Host Effect” at 14.1-16.7 positions. Such an estimate goes against the intuition that a large investment in hosting a tournament should result in improvement of the host team’s standing. Host’s low ranking decreases the interest in the tournament and may result in a major loss of advertisement revenue.</p>


Genus ◽  
2021 ◽  
Vol 77 (1) ◽  
Author(s):  
Anne H. Gauthier ◽  
Petra W. de Jong

AbstractWhile the literature has documented a general increase in parental investment in children, both in terms of financial and time investment, the motives for this increase remain unclear. This paper aims at shedding light on these motives by examining parents’ own narratives of their parenting experiences from the vantage point of three theoretical perspectives. In doing so, the paper brings side-by-side the goal of providing children with human and social capital to improve their future labour market prospects, the pressures on parents to conform to new societal standards of good and intensive parenting, and the experience of parenting as part of self-development. The data come from a qualitative study of middle-income parents in Canada and the USA. The results provide some support for each of these perspectives, while also revealing how they jointly help explain parents’ large investment in their children as well as the tensions and contradictions that come with it.


2012 ◽  
Vol 461 ◽  
pp. 414-417
Author(s):  
Dan Hua Ying ◽  
Xua Nang Hu ◽  
Jian Ge ◽  
Dian Xin Jia ◽  
Yan Zhu

This article engages in a survey on the countryside’s building materials in Zhejiang province, and indicates problems in the new countryside construction during the early 1990s to 2005: on one side, rarely few new materials for energy-conservation is being used; on the other side, traditional materials of local characteristics are abandoned. Therefore, this article indicates a range of materials which make improvement or innovation on traditional ones for the characteristic of Zhejiang rural areas. Then comparison is made between clay brick and these ecological materials. As a result, this guides villagers to improve the indoor thermal comfort and to promote rural economic development without large investment.


Author(s):  
Dong-Il Kim ◽  
Ki-So Bok ◽  
Han-Bae Lee

To seek the fan operating point on a cooling system with fans, it is very important to determine the system impedance curve and it has been usually examined with the fan tester based on ASHRAE standard and AMCA standard. This leads to a large investment in time and cost, because it could not be executed until the system is made actually. Therefore it is necessary to predict the system impedance curve through numerical analysis so that we could reduce the measurement time and effort. This paper presents how the system impedance curve (pressure drop curve) is computed by CFD in substitute for experiment. In reverse order to the experimental principle of the fan tester, pressure difference was adopted first as inlet and outlet boundary conditions of the system and then flow rate was calculated. After determining the system impedance curve, it was compared with experimental results. Also the computational domain of the system was investigated to minimize computational time.


Author(s):  
Helen Campbell Pickford

The adoption of the Economics of Mutuality will depend on institutional investors promoting it through active engaged investing. Chapter 18 describes how some investment funds are taking an active role in managing the companies in which they are invested. It involves them acquiring significant blocks of shares that are held for extended periods of time and managed directly by asset owners themselves instead of by intermediary asset managers. Critical to this is the way in which the performance of their investments is monitored and measured. Alongside measuring financial performance over longer periods of time than is conventionally the case, performance needs to be assessed in relation to other indicators of performance related to human, social, and natural capital.


2021 ◽  
Vol 1 (8) ◽  
pp. 116-121
Author(s):  
O. E. Astafieva ◽  
A. V. Kozlovsky ◽  
N. A. Moiseenko

The problems arising in organizations during the process of investment activities have been considered. The results of financing and implementation of projects and programs have been analysed and interpreted consistently. The issues of expediency of using the profitability indicators of the capital or assets of the company, which requires for the project implementation, have been touched upon. Approaches to the possibility of using the project financing mechanism, have been substantiated. Attention has been paid to the positive and negative aspects of the application of project financing for the company investment activities. It has been noted that project financing is usually used in the implementation of large investment projects, which combine the economic interests of the state and private investors. Particular attention has been paid to the issues of project and program management within the digital environment in order to provide a unified information base. The analysis of possible risks when using the project financing mechanism has been provided and the approaches to influencing the emerging risks have been defined. The result of the study was the formation of factors affecting the effectiveness of the project financing mechanism in the implementation of investment projects and programs.


2018 ◽  
pp. 843-867
Author(s):  
Jyoti Chandiramani ◽  
Aanchal Airy

Urbanization in the South Asia Region (SAR) stood at 34% (2014) and is relatively sluggish when compared to that of the World at 54%. The World Urbanization Prospects (2014) and World Bank Report (2016) reveals that the future urbanization globally will be concentrated in Asia and predominantly in the select countries of SAR - Bangladesh, India and Pakistan. The chapter analyses the demographic and socio-economic characteristics of the select countries, which are indicative of the quality of life of citizens, benchmarking it with that of Asia and the world. The analysis reveals the slow, messy and hidden nature of urbanization in the region which is required to be addressed. The conclusions recommend large investment and policy imperatives which should bring about sustainable urbanization ensuring basic urban services resulting in improved demographics, Human Development Indices and other socio-economic characteristics of the people in the region.


2020 ◽  
Vol 12 (17) ◽  
pp. 6811
Author(s):  
Ramon Mahia ◽  
Rafael de Arce

The aim of this article is to simulate the economic impact on Gross Domestic Product (GDP) and employment of renewable energy sources investment in Morocco over the next 40 years. In this sense, several potential scenarios of energy component evolution have been used based on the results of a specific survey to sector stakeholders. We obtain accurate results, avoiding speculative/theoretical assumptions in terms of scenario design. As usual in the sector, a Dynamic Input–Output Model (DI–O) is used to estimate the direct and indirect effects of such a large investment and, avoiding the criticism of this type of model in the context of long-term simulations, the alternative of de Arce et al. (2012) is used. In this framework, substantial results derive from the three scenarios considered: the increase in Moroccan GDP as a result of this investment could be around 1.2–1.7 points and, on average, 42,000 new jobs could be created.


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