scholarly journals Investments in Braskem Green Polymers: Extraordinary Profits or Decarbonization of the Environment?

2020 ◽  
Author(s):  
Eliana Leal Ferreira Hellvig ◽  
Thais H. S Flores-Sahagun
Keyword(s):  
Financial Market ◽  
High Density Polyethylene ◽  
Share Price ◽  
Linear Low Density Polyethylene ◽  
Carbon Credits ◽  
Income Statement ◽  
The World ◽  
Average Share ◽  
Green Polymers ◽  
The Right

Braskem is the only company in the world that produces green polyethylenes (HDPE – high density polyethylene and LLDPE – linear low density polyethylene) derived from the dehydration of sugarcane ethanol. Although the performance of green and fossil nominally same polyethylenes are equivalent, commercial clients may use blends of up to 51% of green polyethylenes and 49% of fossil polyethylenes and still have the right to use the I’m greenTM label which appeals to environmental conscious consumers and places these companies in a noticeable position. The Annual Income Statement - AISs from 2010, when Braskem started production of green PE, until 2018, show there was growth of revenues. Despite of the production of polyethylenes have continued stable and the number of green polyethylenes patents have decreased since 2014, the profits with the BRKM5 stocks increased. There is no transparency of how carbon credits were gained and in the AIS. Investments in securities in the Brazilian financial market (BRKM5 and carbon credits) are much more attractive than the investment in new patents, because they generate greater gains (268% increase in the average share price of BRKM5 from 2012 to 2018) and do not require large investments in R&D.

scholarly journals Board Diversity: More Than a Gender Issue?

2015 ◽  
Vol 20 (1) ◽  
pp. 123 ◽  
Author(s):  
Michael Adams
Keyword(s):  
Corporate Governance ◽  
Gender Diversity ◽  
Governance Structure ◽  
Share Price ◽  
Corporate Boards ◽  
Board Diversity ◽  
The World ◽  
The Usa ◽  
The 1960S ◽  
The Right

There has been extensive research conducted on the importance of corporate governance around the world. The research seems to demonstrate that, regardless of whether corporations are based in common law or civil code systems, their longevity and sustainability arise from good corporate governance. However, the evidence does not clearly demonstrate a correlation between a particular organisation’s governance structure and practices and its share price. Around the world the question of board diversity is gaining in importance. The beginning of the debate in the 1960s centred on gender. While it is essential to conduct a debate on gender diversity, other aspects of diversity should also be considered. Race, culture and even age may have a direct impact on the performance of a board. Australian companies, particularly those listed on the ASX, have a poor record of instituting any type of diversity. The USA and European Union have a much wider range of policies to promote diversity on corporate boards. The key question is how best to regulate to promote diversity across gender, race, culture and age. The historical approach of regulating diversity by setting targets and requiring disclosure does not seem to have delivered substantial change. Is it the right time to impose mandatory requirements, or are there other alternative strategies? Without doubt change is required, but there will be opposition.

scholarly journals Ni-Based Complexes in Selective Ethylene Oligomerization Processes

Catalysts ◽  
2020 ◽  
Vol 10 (5) ◽  
pp. 498
Author(s):  
Giyjaz E. Bekmukhamedov ◽  
Aleksandr V. Sukhov ◽  
Aidar M. Kuchkaev ◽  
Dmitry G. Yakhvarov
Keyword(s):  
High Density Polyethylene ◽  
Petrochemical Industry ◽  
Nickel Catalysts ◽  
Catalytic Performance ◽  
Ethylene Oligomerization ◽  
Linear Low Density Polyethylene ◽  
Main Method ◽  
The World ◽  
World Demand ◽  
Alpha Olefins

Linear alpha-olefins are widely used in the petrochemical industry and the world demand for these compounds increases annually. At present, the main method for producing linear alpha-olefins is the homogeneous catalytic ethylene oligomerization. This review presents modern nickel catalysts for this process, mainly systems for obtaining of one of the most demanded oligomer—1-butene—which is used for the production of linear low density polyethylene (LLDPE) and high density polyethylene (HDPE). The dependence of the catalytic performance on the composition and the structure of the used activated complexes, the electronic and coordination states of the nickel center was considered.

scholarly journals US GAAP Conversion To IFRS: A Case Study Of The Income Statement

2012 ◽  
Vol 8 (4) ◽  
pp. 409-416
Author(s):  
Peter Harris ◽  
Liz Washington Arnold
Keyword(s):  
Financial Market ◽  
Financial Analysis ◽  
The United States ◽  
Generally Accepted Accounting Principles ◽  
International Reporting ◽  
Accounting Principles ◽  
Income Statement ◽  
The World ◽  
Us Gaap

International Reporting Standards (IFRS) has become the required framework for most of the world financial market economies as of January 1, 2011. In the United States, US Generally Accepted Accounting Principles (GAAP) is still required. However, plans are presently in place by the SEC to abandon US GAAP and to adhere to IFRS requirements by as early as for the period ending December 31, 2014. This case study requires the student to transform a US GAAP presented Income Statement to IFRS. This case study is most suitable for an Intermediary Accounting or a Financial Analysis class at the graduate level.

scholarly journals An Analysis of the Time Series of the PepsiCo, Inc. (PEP) Share Price and a Prediction of its Development

2021 ◽  
Vol 91 ◽  
pp. 01046
Author(s):  
Eva Kalinová ◽  
Michal Tlustý
Keyword(s):  
Time Series ◽  
Machine Tools ◽  
Average Method ◽  
Moving Average ◽  
Share Price ◽  
The World ◽  
The Right ◽  
Further Development ◽  
Stock Values ◽  
The Ideal

The paper deals with the topic of stock time series and their forecasts. The aim of the paper is to provide a detailed analysis of the time series of PepsiCo, Inc. (PEP) shares and subsequently, to use machine tools to predict its further development. The results of the paper in their first part identify the boundaries of RSI indicators for the oversold or overbought market and moreover, with the help of these indicators, predict further possible development of the time series. Daily share price data from PepsiCo, Inc. from the end of April 2019 to the end of April 2020 are used. Two indicators have been recorded since the beginning of 2020. The first one, recorded at the end of January, recommended the trader to sell the position, and further developments suggest that this step would be correct, as stock values then began to fall sharply. The second indicator was identified at the beginning of March, when the world was shaken by the coronavirus crisis, and this indicator recommended the trader to buy a position. Further developments indicated that this would be the right move, as stock values rose in the following period. Moreover, the moving average method is employed as well. Values are calculated for 50, 100 and 200 days. With this tool, only one recommendation is identified, in March 2020, when the fast moving average intersected both slower moving averages, and the ideal solution was to sell the position, which could be described as the right step with the further development of the time series, because stock values began to fall again after this period.

Peran Pengawasan Internal Dalam Menghindari Kutukan Sumber Daya Alam

Liquidity ◽  
2016 ◽  
Vol 5 (1) ◽  
pp. 1-9
Author(s):  
Andilo Tohom
Keyword(s):  
Natural Resources ◽  
Internal Audit ◽  
Rent Seeking ◽  
Rich Country ◽  
Literature Study ◽  
Indonesian Government ◽  
The World ◽  
Policies And Programs ◽  
The Right

Indonesia is one of many countries in the world so called resource-rich country. Natural resources abundance needs to be managed in the right way in order to avoid dutch diseases and resources curses. These two phenomena generally happened in the country, which has abundant natural resources. Learned from Norwegian experiences, Indonesian Government need to focus its policy to prevent rent seeking activities. The literature study presented in this paper is aimed to provide important insight for government entities in focusing their policies and programs to avoid resources curse. From the internal audit perspective, this study is expected to improve internal audit’s role in assurance and consulting.

External Factors of Big Business Transformation in Russia

2005 ◽  
pp. 72-89 ◽  
Author(s):  
Ya. Pappe ◽  
Ya. Galukhina
Keyword(s):  
Financial Market ◽  
Capital Market ◽  
Business Groups ◽  
External Factors ◽  
Big Business ◽  
Business Transformation ◽  
Global Standards ◽  
The World ◽  
Principal Subject

The paper is devoted to the role of the global financial market in the development of Russian big business. It proves that terms and standards posed by this market as well as opportunities it offers determine major changes in Russian big business in the last three years. The article examines why Russian companies go abroad to attract capital and provides data, which indicate the scope of this phenomenon. It stresses the effects of Russian big business’s interaction with the world capital market, including the modification of the principal subject of Russian big business from integrated business groups to companies and the changes in companies’ behavior: they gradually move away from the so-called Russian specifics and adopt global standards.

Russian Banking Sector under World Financial Market Uncertainty: Problems and Prospects

2008 ◽  
pp. 4-19 ◽  
Author(s):  
A. Ulyukaev ◽  
E. Danilova
Keyword(s):  
Emerging Markets ◽  
Financial Market ◽  
Banking Sector ◽  
Financial System ◽  
Local Market ◽  
Market Uncertainty ◽  
Balanced Growth ◽  
Banking Sector Development ◽  
The World ◽  
The Usa

The authors point out that the local market crisis - on the USA substandard loan market - has led to the uncertainty of the world financial market. It has caused the growing demand for liquidity in the framework of the world financial system. The Russian banking sector seems to be more stable under negative changes than banking systems of other emerging markets. At the same time one can assume that the crisis will become the factor of qualitative shift in the character of the Russian banking sector development - the shift from impetuous to more balanced growth.

PENERAPAN PRINSIP PERSONA NON GRATA TERHADAP DUTA BESAR DITINJAU DARI PERSPEKTIF HUKUM INTERNASIONAL (STUDI KASUS PENGANIAYAAN TKI OLEH DUTA BESAR ARAB SAUDI DI JERMAN)

2019 ◽  
Vol 1 (1) ◽  
pp. 60-71
Author(s):  
Devi Yusvitasari
Keyword(s):  
International Relations ◽  
International Law ◽  
Recipient Country ◽  
Secondary Data ◽  
Vienna Convention ◽  
Diplomatic Relations ◽  
National Interests ◽  
The World ◽  
Diplomatic Immunity ◽  
The Right

A country needs to make contact with each other based on the national interests of each country related to each other, including among others economic, social, cultural, legal, political, and so on. With constant and continuous association between the nations of the world, it is one of the conditions for the existence of the international community. One form of cooperation between countries in the world is in the form of international relations by placing diplomatic representation in various countries. These representatives have diplomatic immunity and diplomatic immunity privileges that are in accordance with the jurisdiction of the recipient country and civil and criminal immunity for witnesses. The writing of the article entitled "The Application of the Principle of Non-Grata Persona to the Ambassador Judging from the Perspective of International Law" describes how the law on the abuse of diplomatic immunity, how a country's actions against abuse of diplomatic immunity and how to analyze a case of abuse of diplomatic immunity. To answer the problem used normative juridical methods through the use of secondary data, such as books, laws, and research results related to this research topic. Based on the results of the study explained that cases of violations of diplomatic relations related to the personal immunity of diplomatic officials such as cases such as cases of persecution by the Ambassador of Saudi Arabia to Indonesian Workers in Germany are of serious concern. The existence of diplomatic immunity is considered as protection so that perpetrators are not punished. Actions against the abuse of recipient countries of diplomatic immunity may expel or non-grata persona to diplomatic officials, which is stipulated in the Vienna Convention in 1961, because of the right of immunity attached to each diplomatic representative.

Chimeras In Time-Honored Societies

Think India ◽  
2019 ◽  
Vol 22 (2) ◽  
pp. 463-466
Author(s):  
TUMMALA. SAI MAMATA
Keyword(s):  
Major Elements ◽  
The Sun ◽  
Human Beings ◽  
Life Changes ◽  
Inner Self ◽  
The World ◽  
Nature And Nurture ◽  
The Individual ◽  
The Right ◽  
Superstitious Beliefs

A river flows serenely accepting all the miseries and happiness that it comes across its journey. A tree releases oxygen for human beings despite its inner plights. The sun is never tired of its duty and gives sunlight without any interruption. Why are all these elements of nature so tuned to? Education is knowledge. Knowledge comes from learning. Learning happens through experience. Familiarity is the master of life that shapes the individual. Every individual learns from nature. Nature teaches how to sustain, withdraw and advocate the prevailing situations. Some dwell into the deep realities of nature and nurture as ideal human beings. Life is a puzzle. How to solve it is a million dollar question that can never be answered so easily. The perception of life changes from individual to individual making them either physically powerful or feeble. Society is not made of only individuals. Along with individuals it has nature, emotions, spiritual powers and superstitious beliefs which bind them. Among them the most crucial and alarming is the emotions which are interrelated to others. Alone the emotional intelligence is going to guide the life of an individual. For everyone there is an inner self which makes them conscious of their deeds. The guiding force should always force the individual to choose the right path.  Writers are the powerful people who have rightly guided the society through their ingenious pen outs.  The present article is going to focus on how the major elements bound together are dominating the individual’s self through Rabindranath Tagore’s Home and the World (1916)

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