scholarly journals The Influence of Confucianism on Corporate Environmental Investment: Evidence from Chinese Private Firms

2019 ◽  
Vol 11 (21) ◽  
pp. 5941 ◽  
Author(s):  
Xixiong Xu ◽  
Lingling Duan ◽  
Youliang Yan

While China’s economic development has made tremendous progress, it has also caused serious environmental pollution problems. This paper uses the date of the Chinese Private Enterprise Survey (CPES) to empirically investigate the impact of Confucianism on corporate environmental investment and its internal mechanism. The results show that: (1) Confucianism plays a significant role in corporate environmental investment. (2) In the areas where environmental regulation is relatively weak, Confucianism has a more significant effect on promoting corporate environmental investment. (3) The positive influence of Confucianism on corporate environmental investment is more obvious in heavy polluting industries. This paper’s conclusions deepen the theoretical cognition of the economic consequences of Confucianism and enrich the relevant literature on the subject of Confucianism. At the same time, this paper also expands the understanding of the determinants of corporate environmental investment from the perspective of the informal institution.

2019 ◽  
Vol 8 (1) ◽  
pp. 19-37 ◽  
Author(s):  
Hesham Albarrak ◽  
Sherif El-Halaby

The uniqueness of Islamic banks (IBs) is shown through compliance with Islamic law (Sharia) which is approved through Sharia Supervisory Board (SSB) and presented for stakeholders by Sharia Supervisory Board Report (SSBR). This study seeks to achieve three main objectives as follows: (1) it identifies the degree of IBs’ transparency in compliance with Sharia and their commitment with the governance standards that issued by Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI); (2) it aims to measure the impact of adoption AAOIFI on the degree of Sharia disclosure; and (3) it seeks to test the economic consequences of Sharia disclosure based on its impact on financial performance. We analyse content of annual reports and websites of 120 IBs across 20 different countries for year 2016. Regression analysis shows compliance level for Sharia disclosure based on our index for SSBR is 53% with higher level compliance for IBs that apply AAOIFI standards comparing with banks that adopting International Financial Reporting Standards (IFRS). Therefore, adopting AAOIFI has a positive effect on enhancing the degree of Sharia disclosure. Moreover, Sharia compliance has a positive influence on financial performance based on both Returns on Assets (ROA) and Tobin’s Q as a robustness test. This study adds value to Islamic accounting literature by being a primary study. There is a lack of research on the topic and this paper measures the consequences of Sharia disclosure over the financial performance of IBs as well as the role of Islamic standards (AAOIFI) in enhancing the image of Islamic banks through supporting their compliance with Sharia.


2021 ◽  
Vol 10 (2 (20)) ◽  
pp. 89-107
Author(s):  
Bogdan Stańkowski

The author takes up the problem of education in Italy in the time of COVID-19. The objective of this article is to understand the impact of COVID-19 on the progress of school and the lives of children and adolescents. To pursue this cognitive objective, the author conducted an analysis of the relevant literature published between February 2020 and January 2021, mainly in Italian. The author has also formulated three research questions that will help investigate the above problem. The article is written with the help of the analytical method and takes into consideration the literature on the subject dedicated to children and adolescents. The analysis of the literature allowed the author to formulate final conclusions, which were developed in close correlation with the accepted research questions.


Author(s):  
Mohammed Bashir Salau

People of African descent who migrated from their “homelands” constituted, and still constitute, important forces in many African cultures outside of their “homelands” as well as in many other cultures outside of the African continent. Historically, the migration of people of African descent from their “homelands” is mainly linked to the pre-20th century Muslim or Asian trade and the Atlantic trade as well as to the post 1980 globalization of the capitalist system. Even before the post 1980 globalization of the capitalist system deepened the crises in African states and resulted in the migration of skilled and unskilled Africans to places like the United States, Canada, Britain and the Middle East, some scholars had written on people of African descent in several parts of the world. Although the earliest among those who wrote on the subject before the 1980s did not employ the term “African diaspora” in their analysis, an increasing number of scholars who wrote after 1950 have used the term in question in their study of people of African descent in various parts of the world. The relevant literature written after 1950 features disagreement over the meaning of the concept “African diaspora” and point to diverse methodologies that are useful in working on the subject. This particular literature can be divided into three broad categories: works that deal with the Old African diaspora, works that deal with the New African diaspora and works that deal with both the Old and New African diasporas. The historiography shows that works situated in all of these three categories mainly offer competing view over three fundamental questions: why did Africans leave their “homelands” and settle elsewhere? What was the impact of this process on the societies they left? How did Africans who left their “homelands” integrate into their host societies or preserve their unique identities; or, more broadly, what was the impact of their arrival on the host society they entered? Despite the rapid strides that have been made since the 1960s in regard to addressing these questions or in regards to the scholarly study of the African diasporas in general, there is still no firm definition of the term “African diaspora.” Moreover, there are still other gaps in the scholarly knowledge of the subject.


Author(s):  
Park Yeon-Su

The purpose of this study is to derive the main factors of Feng Shui site recognition and the effect of the factors on the Management Performance of small business through the previous studies in order to investigate the relationship between Feng Shui interest and management performance for the sake of development of small businesses. In addition, the research is directed to the mediating effect of Feng Shui site recognition and adjusted mediating effect of entrepreneurship in the relationship between Feng Shui interest and management performance. First, the verification of the hypothesis, 'Feng Shui interest will have a positive influence on the Feng Shui site recognition', showed that Feng Shui interest had a positive influence on all the space placement, space shape, junction space, and topography. Second, the verification of the hypothesis, 'Feng Shui site recognition will have a positive effect on management performance', showed that Feng Shui site recognition had a positive effect on characteristics of Feng Shui site recognition such as space placement, junction space and topography, but not on space shape. Third, the verification of the hypothesis, 'Feng Shui site recognition will mediate the influence of Feng Shui interest has on management performance', showed that Feng Shui site recognition had a positive effect on characteristics of Feng Shui site recognition such as space placement, junction space and topography, but statistically not significant on space shape. Fourth, the verification of the hypothesis, 'innovation will control the mediating effect of Feng Shui site recognition in the path that Feng Shui interest affects management performance through Feng Shui site recognition', showed that innovation controlled the mediating effect. It is necessary not to confine the subject of research to small businesses, but to extend it to medium- or large-sized companies. In addition, it is necessary to research the impact of Feng Shui site recognition not only on the management field but also on other fields.


2019 ◽  
Vol 12 (4) ◽  
pp. 645
Author(s):  
Tayse Gomes ◽  
Ilse Maria Beuren ◽  
Ernesto Fernando Rodrigues Vicente

A question about the Board of Directors that has been the subject of research is a situation in which two or more companies share one or more administrators, a phenomenon known in the literature as Board Interlocking. In considering this event, the study aims to verify the influence of characteristics of the Board of Directors without the performance of the BM&FBovespa Novo Mercado companies practicing Board Interlocking. From econometric tests, the impact of the characteristics of these members on the value and corporate performance was evaluated. Of the 128 companies listed in the segment, 111 were found indirectly linked by the phenomenon, which represents 87% of the population surveyed, from which the 410 observations on the data of the characteristics of the members were collected. Data analysis was performed with the application of descriptive statistics, Mann-Whitney test, correlation and multiple linear regression – Ordinary Least Squares (OLS). The results showed that at the level of 1% for ROA, and of 5% for Tobin's Q and Market-to-value, performance averages are different for companies that have members of the Board of Directors with ages above and below the average. It was also observed that the Total Assets control variable exerted a significant positive influence on the three independent variables, and that the independent variables analyzed explain 36% of the variations in the performance indicator Q Tobin. Thus, it is concluded that the investigated characteristics of the Board of Directors influenced the performance of these companies.


2020 ◽  
Vol 2 (1) ◽  
pp. 1-5
Author(s):  
Ammar Ahmed ◽  
Rafat Naseer ◽  
Muhammad Asadullah ◽  
Hadia Khan

In this competitive environment, organizations strive to satisfy their customer by providing best quality service at affordable and fair prices with a view to enhance their revenues. To achieve the objective of revenue maximization, organizations strive to identify the factors that help them in retaining their customers. Drawing from the signalling theory of marketing, the current study proposes a novel conceptual model representing the impact of service quality with food quality and price fairness on customer retention in restaurant sector of Pakistan. The paper underlines an important arena of knowledge for academicians as well as organizational scientists on the subject. On the basis of literature available on the variables understudy, the present study forwards eight research propositions worthy of urgent scholarly attention. The conceptualized model of the present article can also be viewed significant in unleashing further avenues for the restaurant management entities, policy makers and future researchers in the domain of managing in the service sector businesses.


EDUKASI ◽  
2016 ◽  
Vol 13 (2) ◽  
Author(s):  
Hasanudin S. Usman

The purpose of this research is to know how to incerease the students’ learning achievement that has been applied learning contextual task-based learning model and to know the influence of contextual learning in  the task-based teaching model to improve achievemen and motivation to learn the material pe civis lesson.   This research is an action research by theree rounds. Each round consists of four phases. Design activities are observation, and revesion. The subject of the research is XI grade students of Bina Informatika Ternate accademic year 2015/2016. Data obtained in the form of a formative test results, observation sheet teaching and learning activities. The results of the research showed that students’ achivement increased from round I to III that the round 1, (70.00 % ), (92,50 %)  3 cycles, conclusions of this research is the method of cooperatif learning can be a positive influence on students motivation and achievement in material udaya politics in Indonesia. It means that this model can be used as one of the alternative learning for Pkn.            Kata  kunci: PKn, cooperative learning method


2014 ◽  
Vol 23 (1) ◽  
pp. 103-124 ◽  
Author(s):  
Daniel Kopasker

Existing research has consistently shown that perceptions of the potential economic consequences of Scottish independence are vital to levels of support for constitutional change. This paper attempts to investigate the mechanism by which expectations of the economic consequences of independence are formed. A hypothesised causal micro-level mechanism is tested that relates constitutional preferences to the existing skill investments of the individual. Evidence is presented that larger skill investments are associated with a greater likelihood of perceiving economic threats from independence. Additionally, greater perceived threat results in lower support for independence. The impact of uncertainty on both positive and negative economic expectations is also examined. While uncertainty has little effect on negative expectations, it significantly reduces the likelihood of those with positive expectations supporting independence. Overall, it appears that a general economy-wide threat is most significant, and it is conjectured that this stems a lack of information on macroeconomic governance credentials.


Author(s):  
Oleksandr Synenko ◽  
Kateryna Yarema ◽  
Yuliia Bezsmertna

The subject of the research is the approach to the possibility of using the Solow model to perform the regression analysis on the example of the Ukrainian economy model. The purpose of writing this article is to investigate the notion of regres- sion analysis, Solow’s economy model, algorithm for performing regression analy- sis on the example of Ukraine’s economy model. This model can be adapted for the economy of enterprises. Methodology. The research methodology is system-struc- tural and comparative analyzes (to study the structure of GDP); monograph (when studying methods of regression analysis on the example of the Ukrainian economy); economic analysis (when assessing the impact of factors on Ukraine’s GDP). The scientific novelty consists the features of the use of the Solow model on the ex- ample of Ukrainian economy are determined. An algorithm for calculating the basic parameters of a model using the Excel application package is disclosed. The main recommendations on the development of the national economy and economic growth through the use of macroeconomic instruments are given. Conclusions. The use of the Solow model enables forecasting and analysis. The results obtained re- vealed the problem of low resource return of capital as a resource, along with the means of macroeconomic regulation of the investment process, using which can improve the situation. A special place in these funds belongs to the accelerated depreciation and interest rate policies.


Author(s):  
Igor Ponomarenko ◽  
Kateryna Volovnenko

The subject of the research is a set of approaches to the statistical analysis ofthe activities of small business entities in Ukraine, including micro-enterprises. The purpose of writing this article is to study of the features of functioningof small business entities in Ukraine. Methodology. The research methodology isto use a system-structural and comparative analysis (to study the change in thenumber of small enterprises by major components); monographic (when studyingmethods of statistical analysis of small businesses); economic analysis (when assessing the impact of small business entities on socio-economic phenomena andprocesses in Ukraine). The scientific novelty consists to determine the features ofthe functioning of small businesses in Ukraine in modern conditions. The influenceof the activities of the main socio-economic and political indicators on the activities of small enterprises in recent periods of time has been identified. It has beenestablished that there is flexibility in the development of strategies by small businesses in conditions of significant competition, which makes it possible to quicklyrespond to changing situations in specific markets. Conclusions. The use of acomprehensive statistical analysis of small businesses functioning in Ukraine willallow government agencies to develop a set of measures to optimize the activitiesof these enterprises, which ultimately will positively affect the strengthening oftheir competitiveness and will contribute to the growth of the national economicsystem.


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