scholarly journals Research on Financing Efficiencies of Strategic Emerging Listed Companies by Six-Stage DEA Model

2017 ◽  
Vol 2017 ◽  
pp. 1-8 ◽  
Author(s):  
Qiong Wang ◽  
Cheng-xuan Geng
Keyword(s):  
Local Government ◽  
Environmental Influence ◽  
External Environment ◽  
Listed Companies ◽  
Technical Level ◽  
Dea Model ◽  
Empirical Results ◽  
Low Level ◽  
Slack Variables ◽  
Government Power

Accounting for the information of input slack variables, as well as the effects of external environment and stochastic factors, a six-stage DEA model was proposed based on four-stage DEA model. It was employed to assess the financing efficiencies of 689 strategic emerging listed companies in 2015. By isolating the environmental and stochastic factors, the final efficiencies can reflect the actual financing level of these companies. The empirical results show that most financing efficiencies are still at a low level relatively. The scales of these strategic emerging companies are the main constraint on their development. And the special technical level also has an impact on these efficiencies. In addition, the efficiency difference among provinces in China gives another support to environmental influence on the strategic emerging industry. Therefore, a strategic emerging company should pay attention to expanding its scale of production and heighten its special technical level and it should improve its financing efficiencies with the help of local government power.

Low-level bureaucrats, local government regimes and policy entrepreneurship

2017 ◽  
Vol 51 (1) ◽  
pp. 39-57 ◽  
Author(s):  
Neomi Frisch-Aviram ◽  
Nissim Cohen ◽  
Itai Beeri
Keyword(s):  
Local Government ◽  
Policy Entrepreneurship ◽  
Low Level

scholarly journals Which companies find it easier to obtain bank loans? Evidence from China

2013 ◽  
Vol 10 (3) ◽  
pp. 389-401 ◽  
Author(s):  
Wenjuan Ruan ◽  
Erwei Xiang
Keyword(s):  
Commercial Banks ◽  
Institutional Development ◽  
Listed Companies ◽  
Bank Loans ◽  
Foreign Banks ◽  
Bank Loan ◽  
Private Companies ◽  
Empirical Results ◽  
Chinese Listed Companies ◽  
Loan Financing

The study investigates the determinants of bank loan financing of Chinese listed companies from 1996 to 2009. The empirical results suggest that the channels through which companies obtain bank loans are different. Companies controlled by the state can more easily obtain loans from state-owned commercial banks and policy banks, while privately controlled companies have significantly larger access to loans from foreign banks. The empirical results also show that political connectedness and institutional development are the significant determinants of the bank loan financing of private companies. If companies locate in an area with higher level of institutional development, the proportion of their loans from state-owned banks is smaller than that of companies locate in areas with lower level of institutional development

scholarly journals ANALYSIS OF INSTITUTIONAL FACTORS OF SOCIAL AND ECONOMIC PROTECTION OF INDIVIDUALS WITH DISABILITIES IN UKRAINE

2017 ◽  
pp. 233-238
Author(s):  
Genrikh Kazarian
Keyword(s):  
Social Protection ◽  
Scientific Literature ◽  
External Environment ◽  
Institutional Factors ◽  
Key Factors ◽  
Individuals With Disabilities ◽  
Persons With Disabilities ◽  
Work Activities ◽  
Low Level ◽  
Institutional Aspects

In the article is identified a set of organizational and institutional aspects that affect the level of socio-economic provision of persons with disabilities, it has been established that work activities are one of the key factors in the socio-economic provision of persons with disabilities. The monitoring of institutional factors of social and economic provision of persons with disabilities has shown that the main reasons for the low level of provision of persons with disabilities are the lack of necessary material incentives, guarantees of social protection, non-compliance of the external environment with the labor needs of persons with disabilities (lack of technical means of rehabilitation and transport, orthoses and dentures, modernized furniture, equipment, household items, means of work, educational, scientific literature and media).

scholarly journals Podatek rolny jako źródło dochodów własnych gmin wiejskich w Polsce

2017 ◽  
Vol 104 (2) ◽  
pp. 76-86
Author(s):  
Agnieszka Kozera
Keyword(s):  
Local Government ◽  
Point Of View ◽  
Limited Extent ◽  
The Real ◽  
Low Level ◽  
Government Sector ◽  
Self Sufficiency ◽  
Taxation System

The main aim of the article was to show the importance of the agricultural tax as a source of own income of rural communes in Poland in 2004-2015. In order to determine the fiscal importance of the tax, the amount and share of income from the agricultural tax in the own income of rural communes were compared to other types of communes. In addition, the amount of income lost due to the agricultural tax was analyzed. The study showed that the agricultural tax as a source of own income plays the most important role in the budgets of rural communes, although the fiscal role of the tax in these local government sector entities is getting smaller. The agricultural taxation system, which is ineffective from the point of view of communes’ financial self-sufficiency and the construction of which is to a very limited extent related to the real amount of production and income in agriculture, is reflected in the low level of own income potential of rural communes.

scholarly journals Public Distrust and Environmental Citizenship: Primary Impetuses of Radical Protest in Bima District, 2011-2012

2019 ◽  
Vol 22 (3) ◽  
pp. 187
Author(s):  
Rahmad Hidayat
Keyword(s):  
Local Government ◽  
Social Movement ◽  
Environmental Governance ◽  
Agricultural Land ◽  
Social Protest ◽  
The Public ◽  
Low Level ◽  
Environmental Citizenship ◽  
The Social ◽  
The Government

This article aims to show how the social movement was conducted in the framework of claiming a number of aspects of citizenship, especially environmental rights and political participation, to the local government. The refusal of FRAT Bima over the extractive policy of the Government of Bima District during 2011-2012 becomes a reflective context of the type of social movement with such a framework. This social protest should be explored further because it used acts of vandalism on some public facilities as the chosen way to fight against the environmental and political injustices. Through a case study, the author aims to explore the sequence of repertoires which were applied sequentially by FRAT Bima’s social protest as well as to examine its linkage with environmental citizenship and public distrust. Despite being closely related to citizens' awareness about environmental citizenship, the occurrence of this anarchist movement was also triggered by the low level of "formal legitimacy" of the local government as a seed of public distrust towards the intentions of environmental governance policy that was about to be applied to make the agricultural land owned by villagers as the site of a certain project of mineral extraction. The lack of the government’s formal legitimacy, which was supported by the growing awareness of environmental citizenship, has led the sequential application of conventional and non-conventional strategies in the demands articulation of FRAT Bima. This sequence of repertoires was held due to the low-level of government's responsiveness in accommodating the public claims about the cancellation of an undemocratic environmental policy.

scholarly journals A Study on the Influence of Institutional Investor Heterogeneity on the Executive Pay Stickiness——Based on the Perspective of Industrial Factor Intensity

2018 ◽  
Vol 10 (9) ◽  
pp. 168
Author(s):  
Qitong Yu ◽  
Shaoyang Fang ◽  
Jianjun Wang
Keyword(s):  
Executive Compensation ◽  
Institutional Investors ◽  
Listed Companies ◽  
Inhibitory Effect ◽  
Executive Pay ◽  
Empirical Results ◽  
Investor Heterogeneity ◽  
Pressure Sensitive ◽  
Pressure Resistance ◽  
Term Performance

Based on the data of Shanghai and Shenzhen A-share listed companies from 2012-2016, this paper empirically studies the influence of heterogeneous institutional investors on executive compensation stickiness of listed companies by using the method of multiple regression. The results show that the pay stickiness is very common in the listed companies. The overall institutional investor’s shareholding is promoting the executive compensation stickiness. The empirical results show that the institutional investors are divided into the pressure resistance institutional investors and the pressure sensitive institutional investors, according to whether the institutional investors have the commercial relationship with the listed companies. The empirical results show that they are compared to the pressure. Sensitive institutions, pressure resistance institutional investors can significantly inhibit the stickiness of executive compensation. However, different types of institutional investors have different preferences for the types of listed companies, and the enthusiasm of participating in corporate governance is different, and the pressure resistance institutional investors pay more attention to labor out of social responsibility. The long-term performance of a force intensive enterprise has a significant inhibitory effect on the stickiness of the executive compensation, while the pressure sensitive institutional investors actively manage and supervise the production and operation of the technology intensive enterprises for the consideration of the investment income, which has a restraining effect on the pay stickiness of the technology intensive enterprises.

The Environmental-adjusted Energy Efficiency of China’s Construction Industry: A Three-stage Undesirable SBM-DEA Model

2021 ◽  
Author(s):  
Yufeng Chen ◽  
Lihua Ma ◽  
Zhitao Zhu
Keyword(s):  
Energy Efficiency ◽  
Construction Industry ◽  
Building Materials ◽  
External Environment ◽  
High Energy ◽  
Management Level ◽  
Dea Model ◽  
Improve Energy Efficiency ◽  
Low Efficiency ◽  
Pillar Industry

Abstract Construction industry is a pillar industry of China's national economy but its problems of high energy consumption, high pollution and low energy efficiency is increasingly prominent. The study on the energy efficiency of construction industry is of great significance for improving development quality and achieving the goal of energy saving and emission reduction. In this paper, a three-stage undesirable SBM-DEA model was employed to measure the energy efficiency in construction industry during 2005 -2016. The CO2 directly emitted by the construction industry and indirectly emitted in the production of building materials were used as the undesirable output and the three-stage framework was employed to analyze and eliminate the influence of external environment. The empirical results showed that low efficiency of management in the construction industry is an important factor leading to the low level of energy efficiency in China’s construction industry. For the energy efficiency value before and after adjustment, the “high-high” provinces has made full use of the superior external environment by their high management level, while the “high-low” provinces needs to fully realize the potential in promoting energy efficiency of its external environment by improving its own management of construction industry. On the contrary, the “low-high” provinces need to improve the external environment to ease its restrictions on the level of management in the construction industry. Environmental factors and management level should be considered simultaneously for different provinces to improve energy efficiency of construction industry.

Engaging Citizens on the Internet

2012 ◽  
pp. 175-192
Author(s):  
Mark Cassell ◽  
John A. Hoornbeek
Keyword(s):  
World Wide Web ◽  
Local Government ◽  
Local Governments ◽  
World Wide ◽  
Rural Populations ◽  
The Internet ◽  
Web Presence ◽  
Empirical Results ◽  
Government Relations ◽  
The World

This article presents empirical results relating to citizen-government relations on the internet that are based on an assessment of the World Wide Web presence of 428 local governments in northeast Ohio. Northeast Ohio provides a useful picture of E-government-citizen relationships because it includes a range of local government forms (counties, townships, etc.), urban and rural populations, and Midwestern influences that many consider “typical” of American states. The website reviews conducted assess citizen-government engagement in a variety of areas. The measures used include simple engagements like the ability to sign up for email updates and the presence of event calendars to more involved interactions, such as blogs, e-pay services, and open records requests. Using these measures, the authors assess citizen-government engagement among local governments in the sample.

Sign in / Sign up

Export Citation Format

Share Document