scholarly journals Regulatory Quality and Sustainable Economic Development

Author(s):  
Ladislava Issever Grochová

Recently, an importance of often contradictory relationship between the environmental quality and economic performance has been discussed both at economic and political level. Whereas the quality of environment is an essential condition to simply survive and can be considered as one of consumers’ goals, economic performance seems to be a primary goal of the majority of firms and consequently of the whole economies. The cohesion of both aspects then seems to be inevitable. However, necessary protection of environment can be reinforced only in presence of correct, enforceable institutions and sufficient wealth that shift preferences towards clean environment. The study is dedicated to the assessment of the relationship among institutional context, environmental quality and degree of economic development using panel vector autoregressive techniques for the sample of 166 countries. It is aimed to show, how the environment can be conserved taking satisfactory living conditions into account. The study demonstrates that more efficient institutional setting leads to a situation, in which environmental quality improves together with economic development.

2021 ◽  
Vol 275 ◽  
pp. 03005
Author(s):  
Miao Yu

As the information reflection of social economy, the quality of accounting information is closely related to economic development and market operation system. And accounting conservatism is one of the important standards to measure of quality of accounting information. As the maker and executor of the financial strategy of the listed company, the CFO’s different personal characteristics will affect its choice of different accounting policies, thus affecting the accounting conservatism of the enterprise. Therefore, this paper selects CFOs of A-share listed companies in Shanghai and Shenzhen from 2016 to 2018 as research objects, respectively discusses the influence of CFO’s natural attributes and social attributes on accounting conservatism, and analyzes the moderating effect of property rights and CFO’s power on the relationship between them. The results show that the CFO’s age, tenure, education, professional skills, salary and number of part-time jobs are negatively correlated with accounting conservatism. The female CFO, shareholding and concurrent director are significantly positively correlated with accounting conservatism. The difference of property right nature and CFO power moderates the relationship between CFO characteristics and accounting conservatism to some extent. On this basis, this paper puts forward corresponding suggestions on how to improve accounting conservatism and promote economic development.


2019 ◽  
Vol 16 (8) ◽  
pp. 1415-1432
Author(s):  
Morteza Khojastehpour ◽  
Md Abu Saleh

Purpose Corporate social responsibility (CSR) has received considerable research attention globally over the past decade. Although a growing number of prior studies have investigated the various dimensions of CSR in general terms, few studies have investigated the critical role that CSR can play in the internationalization process of firms. Design/methodology/approach Using S&P 500 companies during 2004-2014, the authors found that the level of CSR commitment raises the level of reliability of firm and allows further international penetration. Moreover, better regulatory quality of host country is at actual support of internationalization only when considering the short term. Findings Better regulatory quality of host country is at actual support of internationalization only when considering the short term. Originality/value The authors build on internationalization theory and CSR and examine the relationship between firms’ level of internationalization and CSR commitment.


2020 ◽  
Vol 12 (11) ◽  
pp. 4734 ◽  
Author(s):  
Stefan Cibulka ◽  
Stefan Giljum

The relationship between economic affluence, quality of life, and environmental implications of production and consumption activities is a recurring issue in sustainability discussions. A number of studies examined selected relationships, but the general implications for future development options to achieve environmentally and socially sustainable development of countries at different levels of per capita resource footprints, quality of life, and income have not yet been investigated in detail. In this study, we use a global dataset with 173 countries to assess the overall relationship between resource footprints, quality of life, and economic development over the period of 1990–2015. We select the material footprint and carbon footprint and contrast them with the Human Development Index, the Happiness Index, and GDP per capita. Regression analyses show that the relationship between various resource footprints and quality of life generally follows a logarithmic path of development, while resource footprints and GDP per capita are linearly connected. From the empirical results, we derive a generalized path of development and cluster countries along this path. Within this comprehensive framework, we discuss options to change the path to respect planetary and social boundaries through a combination of resource efficiency increases, substitution of industries and sufficiency of consumption. We conclude that decoupling and green growth will not realize sustainable development if planetary boundaries have already been transgressed.


2020 ◽  
Vol 12 (2) ◽  
pp. 169-185
Author(s):  
Marcelo Koji Kawabata ◽  
Alceu Salles Camargo Junior

Purpose Innovation has been considered as an essential activity for companies to compete in modern and dynamic business environments. For the nations, innovation is considered a fundamental key activity for sustaining economic growth and competitive advantage over other countries. This paper aims to achieve a better understanding of the relationship between the quality of a country’s institutions and its levels of innovation activities and results. Design/methodology/approach Controlling for the effects of the efforts and investments in research and development (R&D) and the foreign direct investments (FDI), this work proceeds to regression analysis to obtain the association between the quality of countries’ institutions and their innovation activities. Data was obtained from the Global Innovation Index (GII) for innovation activities and the Worldwide Governance Index, of the World Bank, for the quality of institutions for 127 countries. Findings The results show that the effectiveness of public administration and the regulatory quality are the quality of institution variables associated with the innovation activities. Also, this paper obtained a clustering of countries with a rank regarding not only innovation activities but also the conditions of the institutions’ quality, based on government effectiveness, regulatory quality, R&D, FDI and GII. This new compounded classification divided the 127 countries into three clusters – mature innovators, fresh innovators and structuring for innovation. Originality/value New forms of innovations’ ranking viewing can help to understand the conditionings that enhance countries’ and institutions’ competitiveness.


Author(s):  
Feng Jing, Et. al.

Recently, a lot of high-rise apartments are being built around large cities in the world. The high-rise apartments are a valuable living space for residents and are located in the center of the city, providing a distinctive and advanced residents' convenience while maintaining a high price of real estate along with the landmark role. In this background this study examined the relationship between the evaluation of the quality of management services perceived by residents and the satisfaction and recommendation intention of tenants living in high-rise apartments in China. This study empirically examines the relationship between the quality of management services (environmental quality, process quality, result quality), satisfaction and recommendation intention of tenants living in ‘high-rise apartments’ in large cities in China. The results showed that the quality of management services of high-rise apartments had a significant effect on residential satisfaction and recommended intention. In addition, among the quality of management service affecting residential satisfaction and recommendation intention, the relationship was the highest in the order of process quality (β=.363, t=5.362), result quality (β=.306, t=5.610), and environmental quality (β=.200, t=3.319). Therefore, in order to enhance the satisfaction of the residents of high-rise apartments and to induce positive attitudes and follow-up actions, it is necessary to pay attention to the needs of the residents and deal with them promptly and kindly, rather than the physical environmental quality of the high-rise apartments and the quality improvement efforts shown in the research results. Therefore, in order to enhance the satisfaction of the residents of high-rise apartments and to induce positive attitudes and follow-up actions, it is necessary to pay attention to the needs of the residents and deal with them promptly and kindly, rather than the physical environmental quality of the high-rise apartments and the quality improvement efforts shown in the research results. It can be said to be an important implication confirmed through this study.


2021 ◽  
Vol 8 (3) ◽  
pp. 425-437
Author(s):  
Andrii Zolkover ◽  
Аnastasiіa Kaplina ◽  
Olena Loboda ◽  
Natalia Kyrychenko ◽  
Nataliia Chopko

The purpose of this article is to substantiate the nature of the relationship between the development of human capital (HC) and the development of the economy of Ukraine. Using the Granger test and cognitive modeling, the features of the development of HC in modern conditions and its influence on the country's economic development have been determined, and the dominant factors influencing the development and quality of HC have been empirically substantiated. The ambiguous nature of the influence of HC on the country's economy due to the inefficiency of spending in the field of education and health care has been established using the impulse modeling method. The positive impact of the development of HC on the development of the economy is leveled with the growth of investment in education and health care, which is due to the low efficiency of expenditures and the insufficient level of competence of state bodies.


Author(s):  
Pelle Ahlerup ◽  
Thushyanthan Baskaran ◽  
Arne Bigsten

This chapter reviews the literature on the relationship between the quality of government (QoG) and economic growth. As there is limited evidence on the link between QoG narrowly defined and growth, our focus is on the role of related aspects, such as democracy, formal institutions, and cultural norms. We discuss institutional challenges in generating and sustaining high growth rates. We then review the evidence on how QoG, and related aspects of political and economic life, affect growth and pay attention to the relevant channels. We also discuss whether it is harder to sustain growth if it increases inequality. Since a government needs to be both efficient and impartial to support aggregate economic performance, we argue that it is too strict to let QoG be defined as impartiality only.


2019 ◽  
Vol 30 (2) ◽  
pp. 483-494 ◽  
Author(s):  
Jing Sun ◽  
Jing Wang ◽  
Tao Wang ◽  
Tao Zhang

PurposeGiven the recent rapid economic development, the processes of industrialization and urbanization are accelerating. At the same time, the contradiction between environmental quality and economic development has become increasingly prominent and is likely to restrict the normal pace of China’s economic development and environmental protection. As such, the purpose of this paper is to incorporate the urbanization factor into an analytic framework to discuss the relationship among urbanization, economic development, and environmental pollution.Design/methodology/approachA panel data of 31 Chinese provinces from 2004 to 2015 is selected for this research. A spatial correlation test is first conducted on the environmental pollution status, then the spatial Durbin model is used to carry out spatial econometric testing of the relationship among the above three factors.FindingsInterprovincial environmental pollution in China has significant positive spatial correlation, environmental pollution discharge in most provinces is significantly stable, discharge of environmental pollutants is transitioning from coastal to inland provinces, and urbanization and economic growth can both aggravate environmental pollution, but economic growth can relieve environmental pollution in neighboring provinces.Originality/valueThe relationship between economic growth, urbanization, and environmental quality has always been an important issue for sustainable development. As such, China’s urbanization leads to economic development, while rapid economic growth and environmental pollution are coordinated. This paper focuses on the specific relationship between them. To this end, local governments make concerted efforts to formulate sound environmental regulation policies based on local environmental conditions, where economic development is an effective means of alleviating the contradictory relationship between economic development and environmental protection.


ILR Review ◽  
1983 ◽  
Vol 37 (1) ◽  
pp. 3-17 ◽  
Author(s):  
Harry C. Katz ◽  
Thomas A. Kochan ◽  
Kenneth R. Gobeille

This study analyzes the relationship among plant-level measures of industrial relations performance, economic performance, and quality-of-working-life programs. The analysis employs pooled time-series and cross-section data from 18 plants within a division of General Motors for the years 1970–79. The empirical results show strong associations between industrial relations and economic performance measures and limited support for the hypothesis that quality-of-working-life efforts improve both kinds of performance.


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