Is the effect of high voltage transmission lines undervalued?

2017 ◽  
Vol 10 (2) ◽  
pp. 221-230
Author(s):  
Judith Callanan
Keyword(s):  
High Voltage ◽  
Transmission Lines ◽  
Positive Impact ◽  
Current Knowledge ◽  
Property Values ◽  
Content Type ◽  
Overhead Transmission Line ◽  
Close Proximity ◽  
The Difference ◽  
The Impact

Purpose The purpose of this paper is to determine whether the discount placed on high voltage overhead transmission lines is underestimated. Design/methodology/approach A quantitative analysis was undertaken, using a high voltage overhead transmission line (HVOTL) case study, to determine the effect on property values prior and post removal of the HVOTL structure. Sales data and demographics are compared to determine the change in neighbourhood characteristics. Findings The results show that while the HVOTL is in place, the impact on value is confined to those properties in close proximity. This is in contradiction to the findings, where on removal of the HVOTL, the property values of the whole neighbourhood improve significantly. Research limitations/implications The implication of this research is that property valuers (appraisers) need to change the way they take into account the presence of HVOTLs when valuing property, with more emphasis, being placed on the neighbourhood rather than just the properties in close proximity. While the HVOTL was in place, only properties in close proximity were negatively affected, but on removal of the HVOTL the whole neighbourhood increased in value. Originality/value Results expand on current knowledge by demonstrating the difference between the discount rate that the valuers apply to the presence of the HVOTL, as compared to the positive impact to the whole neighbourhood on removal of the HVOTL.

Regulating non-financial reporting: evidence from European firms’ environmental, social and governance disclosures and earnings risk

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Muhammad Arif ◽  
Christohper Gan ◽  
Muhammad Nadeem
Keyword(s):  
Financial Reporting ◽  
Positive Impact ◽  
Content Type ◽  
Eu Directive ◽  
Before And After ◽  
The Difference ◽  
Earnings Risk ◽  
The Impact ◽  
The Eu

Purpose Motivated by the enactment of non-financial reporting regulations by the European Parliament, this paper aims to investigate the impact of European Union (EU) directive 2014/95/EU on the quantity of environmental, social and governance (ESG) disclosures by the S&P Europe 350 index firms. This study also investigates whether the implementation of the non-financial information (NFI) reporting regulations influences the association between ESG disclosures and firms’ earnings risk. Design/methodology/approach To measure the impact of mandatory regulations on the quantity of ESG disclosures, this study estimates the average treatment effects using a propensity weighted sample. Then this study uses the difference-in-differences method to estimate the differences in the association between ESG disclosures and earning risk before and after implementation of the EU directive. Findings The results show a significant positive impact of the EU directive on the quantity of ESG disclosures for the sample European public-interest entities, which indicates that the mandatory NFI reporting requirements could boost the availability of increasingly demanded ESG related information. The enhanced association between the ESG disclosures and firms’ earnings risk during the post-directive period reveals that mandating NFI reporting also increases the quality of ESG disclosures. Originality/value Using the legitimacy and decision-usefulness theories, this study provides novel evidence concerning the impact of the EU directive on the quantity and quality of ESG disclosures.

scholarly journals OZONE CONCENTRATION VARIATIONS NEAR HIGH‐VOLTAGE TRANSMISSION LINES/OZONO KONCENTRACIJOS KITIMAS TIES AUKŠTOSIOS ĮTAMPOS TIEKIMO LINIJOMIS/ИЗМЕНЕНИЯ КОНЦЕНТРАЦИИ ОЗОНА ВБЛИЗИ ВЫСОКОВОЛЬТНЫХ ЛИНИЙ ЭЛЕКТРОПЕРЕДАЧ

2009 ◽  
Vol 17 (1) ◽  
pp. 28-35 ◽  
Author(s):  
Vaida Valuntaitė ◽  
Vaida Šerevičienė ◽  
Raselė Girgždienė
Keyword(s):  
High Voltage ◽  
Ozone Concentration ◽  
Transmission Lines ◽  
Passive Sampler ◽  
Passive Samplers ◽  
Real Concentration ◽  
Concentration Changes ◽  
High Voltage Transmission ◽  
The Difference ◽  
The Impact

Changes and distribution of ozone concentration in the area of high‐voltage transmission lines were investigated. The investigation on ozone concentration changes was performed with application of two methods: by using an ozone analyser and by passive samplers. The role of an accumulating element was performed by a glass‐fiber filter installed in a passive sampler. It was impregnated with a 1.2‐di(4‐pyridyl)ethylene and acetate acid solution. The impact of meteorological parameters on the passive sampler efficiency and ozone concentration variation is discussed. These parameters can increase or decrease the real concentration value in comparison with the concentration obtained by co‐located continuously running ozone analyser. Ozone concentration near high‐voltage lines varied from 10 to 51 ppb, and “background” ozone concentration changed from 3 to 50 ppb during the investigation period. The average concentrations were 28.1 and 27.5 ppb near the lines and “background” during the whole experiment period. The wind direction from “background” location to the high‐voltage lines prevailed during the experiment. The obtained results by different methods demonstrated good agreement; the difference between ozone concentrations was from 1 to 24% for individual cases. Santrauka Tirta ozono koncentracijos kitimas ir pasiskirstymas ties aukštosios įtampos perdavimo linijomis. Ozono koncentracija matuota dviem metodais – ozono analizatoriumi ir pasyviaisiais kaupikliais. Pasyviajame kaupiklyje kaip kaupiantysis elementas buvo naudojamas stiklo pluošto filtras, impregnuotas 1,2-di(4-pyridyl)etileno ir acetatinės rūgšties tirpalu. Vėjo greitis, vėjo kryptis, UV spinduliuotė, temperatūra ir santykinė oro drėgmė gali turėti įtakos pasyviųjų kaupiklių efektyvumui bei ozono koncentracijos pasiskirstymui, todėl kartu tirti ir meteorologiniai parametrai (temperatūra, santykinė oro drėgmė, vėjo greitis ir kryptis). Tyrimo laikotarpiu ozono koncentracija ties aukštosios įtampos tiekimo linijomis kito nuo 10 iki 51 ppb, o nutolusioje per 222 m vietovėje, kuri buvo traktuojama kaip foninė, – nuo 3 iki 50 ppb. Išmatuota vidutinė ozono koncentracija foninėje vietoje buvo 27,5 ppb, o ties linijomis – 28,1 ppb. Eksperimento metu vyravo pietryčių krypties vėjas, t. y. nuo foninės vietos – aukštosios įtampos tiekimo linijų link. Nustatant ozono koncentraciją skirtingais metodais duomenys pakankamai sutapo, pavieniais atvejais nesutapimas svyravo nuo 1 iki 24 %. Резюме Исследовалось изменение и распределение концентрации озона в районе высоковольтных линий электропередач. Концентрация озона измерялась двумя методами: анализаторами озона УФ-поглощения непрерывного действия и с использованием пассивных сорбентов. В качестве сорбента использовался фильтр из стекловолокна, пропитанный 1,2-ди(4-пиридил)этиленом и уксусной кислотой. Параллельно непрерывно измерялась температура и относительная влажность воздуха, скорость и направление ветра. Исследования показали, что концентрация озона в течение эксперимента изменялась в интервале от 10 до 51 ррb у линии и от 3 до 50 ррb на «фоновой» точке, удаленной от линий электропередач на расстояние 222 м. В течение эксперимента почти половину времени преобладал боковой ветер по отношению к высоковольтным линиям со стороны фоновой точки. Средние измеренные концентрации озона составляли 27,5 ррb на «фоновой» точке и 28,1 ррb – у линий. Результаты измерения концентрации озона как анализаторами непрерывного действия, так и по методике с использованием пассивных сорбентов показали хорошее совпадение: разница составляла 2–15% и лишь в отдельных случаях 24%.

The impact of senior house developments on surrounding residential property values

2016 ◽  
Vol 34 (5) ◽  
pp. 415-433 ◽  
Author(s):  
Antti Tapio Kurvinen ◽  
Tanja Tyvimaa
Keyword(s):  
Positive Impact ◽  
Property Values ◽  
Hedonic Pricing ◽  
Residential Property ◽  
Content Type ◽  
Senior Housing ◽  
Housing Developments ◽  
Matching Procedure ◽  
Residential Property Values ◽  
The Impact

Purpose Even as many countries are facing changes in demographic profile and new types of senior housing developments are becoming more important, there is limited evidence for the development impact of a senior house on surrounding residential property values. The purpose of this paper is to address the void in knowledge, investigating the impact of senior house developments on apartment values in Tampere, Finland. Design/methodology/approach To specify valuation effects of proximate senior house development projects, advanced research design combining propensity score matching procedure and hedonic pricing models is used. Findings The results show that a senior house development has a significant positive impact on proximate residential property values within a 500 metre radius. The impact is found to be the highest in underdeveloped neighbourhoods. Nevertheless, in neighbourhoods where property values and demand for housing units are higher and senior house developments fall into the criteria of infill development, a premium is lower, but still statistically significant and notable in magnitude. Research limitations/implications This paper studies apartment values only in Tampere, Finland, and it is important to notice that local regulations and market conditions may have a notable impact on the outcomes from senior house developments. Originality/value This study is the first of its kind to address a number of empirical issues and provide with statistically significant evidence for positive impacts from senior house developments – encouraging investors and developers to build senior houses.

Leader knowledge hiding, feedback avoidance and hotel employee outcomes: a moderated mediation model

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Muhammad Waheed Akhtar ◽  
Osman M. Karatepe ◽  
Fauzia Syed ◽  
Mudassir Husnain
Keyword(s):  
Job Performance ◽  
Positive Impact ◽  
Current Knowledge ◽  
Critical Role ◽  
Knowledge Exchange ◽  
Employee Outcomes ◽  
Content Type ◽  
Moderated Mediation Model ◽  
Knowledge Hiding ◽  
The Impact

Purpose The purpose of this paper is to develop and test a research model that investigates feedback avoidance behavior (FAB) as a mediator of the impact of leader knowledge hiding (LKH) behavior on creativity and job performance. The model also examines whether leader-follower value congruence (LFVC) moderates the aforementioned mediating linkages. Design/methodology/approach Data were collected from hotel managerial employees in two waves and their superiors in Pakistan. The hypotheses were gauged via macro PROCESS. Findings The findings reveal that LKH behavior intensifies employees’ FAB, which, in turn, impedes their creativity and job performance. The findings further demonstrate that the positive impact of LKH behavior on FAB is stronger among employees high on LFVC. Practical implications Management should arrange workshops that highlight the critical role of leader’s knowledge sharing with the relevant individuals. This is so important because knowledge hiding behavior heightens FAB and erodes creativity. These workshops can be followed by training programs, which focus on the importance of knowledge exchange and feedback-seeking behavior. Top managers’ and/hotel owners’ participation in these programs can be a force for mutual trust and cultivate LFVC. Originality/value The hospitality and tourism literature is devoid of evidence about the underlying process through which LKH behavior influences employee outcomes. The paper enhances current knowledge by proposing FAB as a mediator of the influence of LKH behavior on creativity and job performance. The paper is the first of its kind by assessing whether LFVC moderates the indirect influence of LKH behavior on creativity and job performance via FAB.

Passion and compassion represent dualities for growth

2015 ◽  
Vol 23 (1) ◽  
pp. 41-60 ◽  
Author(s):  
Tove Brink
Keyword(s):  
Design Methodology ◽  
Positive Impact ◽  
Current Knowledge ◽  
Integrative Approach ◽  
Theoretical Understanding ◽  
Content Type ◽  
Growth Policy ◽  
Firm Networks ◽  
The Impact ◽  
Practical Implications

Purpose – The purpose of this paper is to enhance the understanding of the impact of passion and compassion on innovation and growth and, in this way, add to the current knowledge on organising growth in the context of networking small and medium-sized enterprises (SMEs). Design/methodology/approach – The research was conducted in three networks with a sample of 55 separate SMEs. Through a quantitative study, the anticipated positive impact of passion and compassion on growth and on intermediate innovation issues were tested. Findings – The analyses reveal no direct significant impacts of passion (own-profitability and interest) and compassion (other-profitability and interest) on growth. However, compassion had a very significant positive impact on manager ideas, which in turn had a positive impact on growth. Passion also had a positive impact, but this was proportionally much smaller. Moreover, the ability to organise the dualities of passion and compassion made a contribution to growth. Research limitations/implications – The results of the research enhance the understanding of an integrative approach of passion and compassion to innovation in a network context. Practical implications – Networking SMEs can use the findings to better understand and organise own actions to pursue growth. Policy bodies can use the findings to motivate SMEs to pursue growth. Originality/value – The findings of this study enhance the theoretical understanding of passion and compassion and their integrated impact on growth. In firm networks, compassion and passion have a dual impact with compassion being most significant to enable innovation and growth. A contribution is hereby made to organise growth in firm networks.

Evaluation of the impact of public investment programs on social and economic performance of territories

2019 ◽  
pp. 109-123
Author(s):  
I. E. Limonov ◽  
M. V. Nesena
Keyword(s):  
Bayesian Modeling ◽  
Positive Impact ◽  
Public Investment ◽  
Difference In Differences ◽  
The Public ◽  
Export Activity ◽  
Regional Investment ◽  
The Difference ◽  
The Impact ◽  
Development Institution

The purpose of this study is to evaluate the impact of public investment programs on the socio-economic development of territories. As a case, the federal target programs for the development of regions and investment programs of the financial development institution — Vnesheconombank, designed to solve the problems of regional development are considered. The impact of the public interventions were evaluated by the “difference in differences” method using Bayesian modeling. The results of the evaluation suggest the positive impact of federal target programs on the total factor productivity of regions and on innovation; and that regional investment programs of Vnesheconombank are improving the export activity. All of the investments considered are likely to have contributed to the reduction of unemployment, but their implementation has been accompanied by an increase in social inequality.

Farm wages and public works

2015 ◽  
Vol 8 (1) ◽  
pp. 19-72 ◽  
Author(s):  
Kanika Mahajan
Keyword(s):  
Theoretical Model ◽  
Wage Rate ◽  
Fixed Effects ◽  
Positive Impact ◽  
Wage Growth ◽  
State Level ◽  
Random Allocation ◽  
Farm Sector ◽  
Content Type ◽  
The Impact

Purpose – The purpose of this paper is to examine the impact of National Rural Employment Guarantee Scheme (NREGS) on farm sector wage rate. This identification strategy rests on the assumption that all districts across India would have had similar wage trends in the absence of the program. The author argues that this assumption may not be true due to non-random allocation of districts to the program’s three phases across states and different economic growth paths of the states post the implementation of NREGS. Design/methodology/approach – To control for overall macroeconomic trends, the author allows for state-level time fixed effects to capture the differences in growth trajectories across districts due to changing economic landscape in the parent-state over time. The author also estimates the expected farm sector wage growth due to the increased public work employment provision using a theoretical model. Findings – The results, contrary to the existing studies, do not find support for a significantly positive impact of NREGS treatment on private cultivation wage rate. The theoretical model also shows that an increase in public employment work days explains very little of the total growth in cultivation wage post 2004. Originality/value – This paper looks specifically at farm sector wage growth and the possible impact of NREGS on it, accounting for state specific factors in shaping farm wages. Theoretical estimates are presented to overcome econometric limitations.

Customer satisfaction with sommelier services of upscale Chinese restaurants in Hong Kong

2019 ◽  
Vol 31 (4) ◽  
pp. 532-554 ◽  
Author(s):  
Tommy Lau ◽  
Man Lai Cheung ◽  
Guilherme D. Pires ◽  
Carol Chan
Keyword(s):  
Hong Kong ◽  
Customer Satisfaction ◽  
Service Quality ◽  
Customer Loyalty ◽  
Positive Impact ◽  
Partial Least Square ◽  
Least Square ◽  
Survey Method ◽  
Content Type ◽  
The Impact

Purpose The abolishment of the wine tax in Hong Kong has led to increased wine consumption and increased demand for wine-related professionals, such as sommeliers. Yet the importance of sommeliers’ value-adding performance in the context of upscale Chinese restaurants has not been examined. To address this gap, the SERVQUAL framework is adopted to examine the influence of sommeliers’ service quality (SQ) on customer satisfaction (CS) and loyalty in the context of upscale Chinese restaurants in Hong Kong. Design/methodology/approach The survey method is used to collect data from 302 units of the population of interest, partial least square-structural equation modelling (PLS-SEM) is used to test the links between constructs. Findings Four of the seven dimensions of sommeliers’ service quality, namely, empathy, tangibles, credibility and assurance, have a significant positive impact on customer satisfaction and customer loyalty, whereas the impact of perceived value and responsiveness on customer satisfaction and customer loyalty is positive but only marginally significant. Reliability has a weak and non-significant impact on customer satisfaction and customer loyalty. Research limitations/implications Examining a small number of upscale Chinese restaurants in Hong Kong limits generalisation of the findings to other contexts. Replication of the research in different contexts will enhance generalizability. In terms of implications, the discussion highlights the importance of sommeliers’ service performance on customers’ SQ perceptions SQ, CS and loyalty, all of which are important variables for restaurateurs. Originality/value To the best of the authors’ knowledge, this is the first study of the influence of the quality of sommelier’s SQ on CS and loyalty in upscale Chinese restaurants in Hong Kong. Given the lack of attention to this service role in the literature, the study contributes theory from which further understanding can develop.

scholarly journals Assessing the impact of libraries – the role of ISO 16439

2018 ◽  
Vol 119 (1/2) ◽  
pp. 87-93 ◽  
Author(s):  
Claire Creaser
Keyword(s):  
Design Methodology ◽  
International Standards ◽  
Content Type ◽  
International Standard ◽  
The World ◽  
The Difference ◽  
Library Impact ◽  
The Impact

Purpose Library impact and how to evaluate it has been debated for a number of years. While the activity – the busy-ness – of the library is now routinely measured and described, the difference the library makes is less tangible and harder to measure. Libraries in all sectors and worldwide are grappling with this issue, and the purpose of this paper is to summarise international standards available to support them. Design/methodology/approach The first international standard concerning library impact, ISO 16439 Information and documentation – methods and procedures for assessing the impact of libraries, was published in 2014 after several years in development. Findings The standard describes a range of methods for assessing library impact which have been used across the world in a variety of libraries in all sectors. Originality/value This paper summarises the key methods described in the standard, and gives references for further reading.

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