Environmental Performance of Food and Beverage Firms in Merger and Acquisition Deals

2020 ◽  
Vol 18 (2) ◽  
Author(s):  
Li Li Eng ◽  
Mahelet G. Fikru
Keyword(s):  
Environmental Performance ◽  
Merger And Acquisition ◽  
Toxic Chemical ◽  
Environmental Standard ◽  
Chemical Management ◽  
Food And Beverage ◽  
Cream Skimming ◽  
The Given

AbstractWe build upon existing theories of merger and acquisition (M&A) to examine the differences in environmental performance between targets and acquirers in the Food and Beverage processing (F&B) industry. In a cream-skimming strategy, acquiring a firm with better environmental performance may add to the acquirer’s existing green efforts and improve their environmental capabilities. In a turnaround strategy, an acquirer may buy businesses from a dirtier firm and later bring them up to the buyer’s environmental standard. Among a set of 13 M&A deals in the F&B industry, we identify deals where targets have poorer or better environmental performance (toxic chemical management) than their acquirers. Our finding suggests that, among the given set of firms, there is some evidence of improvements in the toxic chemical management rate of targets and acquirers.

scholarly journals Development of Rural Ecotourism on the Yurshinsky Island of Rybinsk Reservoir

2020 ◽  
Vol 217 ◽  
pp. 05002
Author(s):  
Svetlana Zamana ◽  
Olga Sorokina ◽  
Dmitriy Shapovalov ◽  
Alexandr Fomin ◽  
Larisa Petrova ◽  
...  
Keyword(s):  
Chemical Analysis ◽  
Protected Area ◽  
Rybinsk Reservoir ◽  
Chemical Elements ◽  
Soil Samples ◽  
Tourist Industry ◽  
Toxic Chemical ◽  
Young Branch ◽  
The Given ◽  
The Rybinsk Reservoir

Agroecotourism is a relatively young branch of tourist industry in our country, at the same time it has become very popular abroad. The article considers some problems related to the development of rural ecotourism on the Yurshinsky island of Rybinsk reservoir. Various landscapes can be seen on the Yurshinsky island, escaping flowage of the Rybinsk reservoir area, where unique samples of Russian nature have remained untouched. The territory of island makes 792 hectares, half of its land is occupied by woods, and now all island has a status of specially protected area. Moose breeding farm is recommended to be established as the object of rural ecotourism on the Yurshinsky island, as its operation allows the tourist season last all-year-round. Ecological conditions of the territory need to be assessed before the organization of a moose farm and other objects of agroecotourism. Therefore we selected several soil samples to perform chemical analysis as the soil represents the knot of interrelations in biosphere and a lack or surplus of both vital, and toxic chemical elements in the soil will lead to their lack or surplus in plants grown up on such soils and in animal organisms which eat the given plants.

scholarly journals ISO 14000 and Its Perceived Impact on Corporate Performance

2014 ◽  
Vol 2 (2) ◽  
pp. 1 ◽  
Author(s):  
Maruf Hasan ◽  
Chun Kit Chan
Keyword(s):  
Environmental Performance ◽  
Questionnaire Survey ◽  
Corporate Performance ◽  
Environmental Aspects ◽  
Excellent Performance ◽  
Environmental Standard ◽  
Iso 14000 ◽  
System Maintenance ◽  
Perceived Impact ◽  
Benefits And Costs

ISO14000 is an international environmental standard that acts as a guideline for companies to improve its performance in environmental aspects. Researches related to ISO14000 shows that the implementation has not only improved companies’ environmental performance, but this has also enhanced companies’ corporate performance. In this research, a project is carried out to determine the benefits and costs of ISO14000, which necessitates the inspections of companies’ performance in corporate and environmental aspects. A questionnaire survey was carried out to achieve this and s the results from the survey shows that ISO14000 had an excellent performance in environmental aspects such as reducing waste and usage of materials and energy. In the business aspects, however, the performances were average due to high time expense for this system maintenance and cost of certification and surveillance.

Development of IoT-based real-time Toxic Chemical management System

2016 ◽  
Vol 16 (5) ◽  
pp. 143-149
Author(s):  
Min-Soo Kang ◽  
◽  
Chunhwa Ihm ◽  
Yong-Gyu Jung ◽  
Minho Lee
Keyword(s):  
Real Time ◽  
Management System ◽  
Toxic Chemical ◽  
Chemical Management

scholarly journals Systematic Review of Methods Used for Food Pairing with Coffee, Tea, Wine, and Beer

Beverages ◽  
2021 ◽  
Vol 7 (2) ◽  
pp. 40
Author(s):  
Christina J. Birke Rune ◽  
Morten Münchow ◽  
Federico J. A. Perez-Cueto
Keyword(s):  
Selection Criteria ◽  
Web Of Science ◽  
Descriptive Analysis ◽  
Line Scale ◽  
Food And Beverage ◽  
Golden Standard ◽  
Current Article ◽  
The Given ◽  
Good Food

The current article is aimed at systematically reviewing the research methods used for food pairing with coffee, tea, wine, and beer. The primary aim of this review was to elucidate the state-of-the-art methods used for analysing food and beverage pairings with coffee, tea, wine, and beer; secondarily, to identify the basis of the selection criteria; and lastly, the method used to evaluate those pairings. The search was performed in three databases: Web of Science, ScienceDirect, and Scopus. Criteria for inclusion were studies with an experimental design, a descriptive analysis (DA), and/or hedonic consumer analysis of beverage and food pairing. The outcome had to be measured on a hedonic Likert scale, a line scale, a just about right (JAR), or a modified JAR scale or other relevant scale measurement method for the given attribute. A total of 24 studies were included in this review—the majority aimed at finding good food and beverage pairings. Most pairings were based on suggestions from experts on popular/common, similar origin, or quality of beverages and foods. The outcomes were measured in several different scales, precluding a direct comparison. The 24 articles used in this review did not provide a so-called “golden standard” of the pairing method. Only three articles provided a more scientifically based approach to investigate why a food and beverage pairing is perceived as a good match, using aromatic similarity, the primary taste, and the sensation of koku as their experimental factors.

Cohesive sediment transport: emerging issues for toxic chemical management

1992 ◽  
pp. 177-187
Author(s):  
E. D. Ongley ◽  
B. G. Krishnappan ◽  
I. G. Droppo ◽  
S. S. Rao ◽  
R. J. Maguire
Keyword(s):  
Sediment Transport ◽  
Cohesive Sediment ◽  
Toxic Chemical ◽  
Chemical Management ◽  
Cohesive Sediment Transport ◽  
Emerging Issues

Cohesive sediment transport: emerging issues for toxic chemical management

Hydrobiologia ◽  
1992 ◽  
Vol 235-236 (1) ◽  
pp. 177-187 ◽  
Author(s):  
E. D. Ongley ◽  
B. G. Krishnappan ◽  
G. Droppo ◽  
S. S. Rao ◽  
R. J. Maguire
Keyword(s):  
Sediment Transport ◽  
Cohesive Sediment ◽  
Toxic Chemical ◽  
Chemical Management ◽  
Cohesive Sediment Transport ◽  
Emerging Issues

scholarly journals Integrated modernization of the gas-and-air system of a turbocharged diesel engine (21/21)

2020 ◽  
Vol 178 ◽  
pp. 01005
Author(s):  
Leonid Plotnikov ◽  
Nikolay Kochev ◽  
Leonid Osipov
Keyword(s):  
Mathematical Modeling ◽  
Environmental Performance ◽  
Experimental Studies ◽  
Turbocharged Diesel Engine ◽  
Exchange Processes ◽  
Urgent Task ◽  
New Directions ◽  
Air System ◽  
The Given ◽  
Charging Efficiency

Improving the exploitative and environmental performance of piston engines (PICE) is an urgent task for many engineers and scientists. The article presents the results of the upgrade of a gas-and-air system of a diesel PICE, carried out through changing the turbocharging system’s configuration and modernizing the design of the admittance collector. The authors present a review of studies on the given subject and a description of the object of the research. The study was conducted on the basis of bench tests at a manufacturing plant and mathematical modeling using ACTUS program. The results of experimental studies on the main indicators of a basic and upgraded PICEs are presented. The gas exchange processes in the PICE under examination were studied in detail using mathematical modeling. For the given diesel PICE, improvement of the gas-and-air system leads to a growth in charging efficiency by 2.45-3.92%, a decrease in scavenging factor by 3.11-6.31% and a reduction of specific fuel consumption up to 3.33%. In the conclusion, new directions for increasing the efficiency of the given PICE are offered.

scholarly journals Pengaruh Ukuran Perusahaan, Political Cost Dan Kinerja Lingkungan Terhadap Environmental Disclosure Dalam Laporan Tahunan

2019 ◽  
Vol 28 (3) ◽  
pp. 1904
Author(s):  
Ni Kadek Dwi Nana Ulan Noviani ◽  
Ketut Alit Suardana
Keyword(s):  
Environmental Performance ◽  
Sampling Methods ◽  
Stock Exchange ◽  
Financial Statements ◽  
Environmental Disclosure ◽  
Cost Performance ◽  
Public Companies ◽  
Food And Beverage ◽  
Political Cost ◽  
Positive Effect

Environmental Disclosure is disclosure made by public companies related to their obligations to the environment and society. This study aims to determine the factors that influence Environmental Disclosure, namely the size of the company, political cots, and environmental performance. The study was conducted at companies listed on the Stock Exchange for the period 2014-2017 which are incorporated in the food and beverage sub-sector. The number of samples taken were 56 companies, with probability sampling methods. Data collection is done through analysis of company financial statements, which are analyzed by multiple linear regression. Based on the results of the analysis it was found that the size of the company partially had a positive effect on Environmental Disclosure. Political Cost has a positive effect on Environmental Disclosure. Environmental performance has a positive effect on Environmental Disclosure. Keywords : Enviromental disclosure, Size, Political Cost, Performance.

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