Stakeholder Agriculture

2020 ◽  
pp. 258-281
Author(s):  
Alexandros Antonaras ◽  
Alexandros Kostopoulos
Keyword(s):  
Financial Crisis ◽  
Rural Areas ◽  
Social Innovation ◽  
Global Financial Crisis ◽  
Negative Consequences ◽  
Dramatic Decline ◽  
New Business ◽  
Per Capita ◽  
Recent Financial Crisis ◽  
Agricultural Entrepreneurship

The shift in agricultural production and agribusiness may be a solution in reducing unemployment and particularly that of young people which is dramatically high in several European countries that are experiencing the negative consequences of the recent global financial crisis that led to a dramatic decline in their GDP per capita and has affected all sectors of economic activity, including agriculture. The overall scope of this chapter is to present an Agricultural Entrepreneurship and Social Innovation Framework that can lead to a new business model with social aspects, contribute to the economic growth and sustainability and hence combat the phenomenon of unemployment and poverty in rural areas that have been seriously affected by the recent financial crisis.

Stakeholder Agriculture

2017 ◽  
pp. 125-147 ◽  
Author(s):  
Alexandros Antonaras ◽  
Alexandros Kostopoulos
Keyword(s):  
Financial Crisis ◽  
Rural Areas ◽  
Social Innovation ◽  
Global Financial Crisis ◽  
Negative Consequences ◽  
Dramatic Decline ◽  
New Business ◽  
Per Capita ◽  
Recent Financial Crisis ◽  
Agricultural Entrepreneurship

The shift in agricultural production and agribusiness may be a solution in reducing unemployment and particularly that of young people which is dramatically high in several European countries that are experiencing the negative consequences of the recent global financial crisis that led to a dramatic decline in their GDP per capita and has affected all sectors of economic activity, including agriculture. The overall scope of this chapter is to present an Agricultural Entrepreneurship and Social Innovation Framework that can lead to a new business model with social aspects, contribute to the economic growth and sustainability and hence combat the phenomenon of unemployment and poverty in rural areas that have been seriously affected by the recent financial crisis.

Role of Accounting and Audit in the Recent Financial Crisis

2013 ◽  
pp. 91-98
Author(s):  
Alev Dilek Aydin
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Fair Value ◽  
Financial Reports ◽  
Historical Cost ◽  
The Public ◽  
Creative Accounting ◽  
Recent Financial Crisis ◽  
Audit Reports

This study aims to assess the role of accounting and auditing in the recent financial crisis. After each crisis, there have been serious discussions concerning the reasons behind those crises. However, no consensus has yet been achieved until now. In this context, the analysis of the relationships among financial crisis, accounting, and auditing is of utmost importance in better evaluating the structural reasons behind the crisis. There are several points that this chapter aims to analyze to indicate the contributions of accounting and auditing to the recent global financial crisis. These points are: impacts of disregarding the main principles of accounting, the wide use of fair value accounting over cost-based accounting, incorrect and misleading financial and audit reports, applications of creative accounting, and lack of transparency and weaknesses of the auditing process. The debates generally concentrate on the use of fair value (mark-to-market) accounting in the financial reports as opposed to the historical cost method. It should be emphasized that accounting is very important as a key mechanism of market economies, because of its crucial role in the functioning of the markets in accordance with the public interest. The chapter concludes with several suggestions by taking the fact into consideration that accounting and auditing systems should be revised for the better protection of interests of the third parties such as investors, potential investors, and the state.

Advancing SME Sustainability

2021 ◽  
pp. 159-178
Author(s):  
Meng Kui Hu ◽  
Daisy Mui Hung Kee
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Policy Changes ◽  
Business Environments ◽  
Business Operations ◽  
New Business ◽  
Spanish Flu ◽  
The Global Financial Crisis ◽  
The Impact

The world has been struck by multiple crises that crippled the socio-economy of nations in the past. The impact of these crises was so significant that they initiated numerous policy changes worldwide. The radical crises in this context refer to the Spanish flu, the Asian financial crisis, the global financial crisis, and the current COVID-19 pandemic. Due to their small capital structure with limited resources and fragile nature, SMEs were severely impacted by these crises. Many SMEs were forced to close down their business operations. Somehow, the remaining SMEs managed to persist and survive through the crises. Moving forward, SMEs can better prepare for future crises by understanding and learning from the predicaments of these past crises. Consequently, SMEs must also be adaptive to new business environments and responding promptly to crises by realigning their strategies to achieve business sustainability in the long term.

scholarly journals The endogeneity of optimum currency area criteria in the context of financial crisis: Evidence from the time-frequency domain analysis

2013 ◽  
Vol 59 (No. 9) ◽  
pp. 389-395 ◽  
Author(s):  
S. Kapounek ◽  
J. Poměnková
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Frequency Domain Analysis ◽  
Time Frequency ◽  
Real Convergence ◽  
Convergence Process ◽  
Recent Financial Crisis ◽  
The Global Financial Crisis ◽  
Value Decomposition ◽  
Optimum Currency

We provide the wavelet analysis of the economic cycle synchronization during the recent financial crisis. However, the global financial crisis caused economic cycles in most European countries to become more strongly synchronized without increasing of the real convergence process. Our contribution is an application of the singular value decomposition to identify and remove the long-term trend including outliers appearing in the year 2007–2010. We found that the historically greater integration provides more highly synchronized cycles in the core Euro area member countries.  

scholarly journals The influence of the recent financial crisis on the financial situation of Polish listed companies

e-Finanse ◽  
2017 ◽  
Vol 13 (4) ◽  
pp. 110-126 ◽  
Author(s):  
Jerzy Różański ◽  
Paweł Kopczyński
Keyword(s):  
Financial Crisis ◽  
Stock Markets ◽  
Global Financial Crisis ◽  
Listed Companies ◽  
Share Price ◽  
Financial Situation ◽  
The Real ◽  
Share Prices ◽  
Recent Financial Crisis ◽  
The Impact

AbstractThe recent financial crisis that began in 2007, also known as the Global Financial Crisis, had a huge influence on the financial situations of enterprises and financial institutions around the world. The situation on world stock markets was also strongly affected by the crisis. As the behavior of investors may be affected by various factors which can impact their decisions on the stock exchanges, some of them may be unable to act in a rational manner and make the right decisions. The huge drop in share prices on world stock markets was visible in the early stages of the crisis. The share price does not always reflect the real situation of the company. The main purpose of this article is to evaluate the influence of the recent financial crisis on the financial situation and performance of Polish listed companies. Financial ratios will be utilized to evaluate the real changes in the financial situation of Polish listed companies during the crisis. A large group of companies will be covered by the survey in order to assess the impact of macroeconomic factors on the financial situations of enterprises in different phases of the crisis. Market tests will not be applied because they may be affected by changes in share prices which in turn are often affected by irrational decision-making and fear.

The main determinants effecting international visitor arrivals in New Zealand

2016 ◽  
Vol 23 (5) ◽  
pp. 921-940 ◽  
Author(s):  
Azmat Gani ◽  
Michael D. Clemes
Keyword(s):  
New Zealand ◽  
Financial Crisis ◽  
Exchange Rates ◽  
Global Financial Crisis ◽  
Good Governance ◽  
Real Exchange Rates ◽  
Relative Prices ◽  
Per Capita ◽  
Main Determinants ◽  
The Global Financial Crisis

This study examines the main determinants of international visitor arrivals in New Zealand in light of New Zealand’s major earthquakes in 2010 and 2011 as well as the global financial crisis of 2007. Our results provide strong evidence that visitor origin country per capita incomes, relative prices, real exchange rates, the distance between New Zealand and its main visitor origin countries and New Zealand’s record of good governance are statistically significant determinants of visitor arrivals to New Zealand. Our findings also reveal a negative but statistically insignificant effect of the earthquakes of 2010 and 2011on visitor arrivals to New Zealand. Our findings do not provide any significant regressive effect of the global financial crisis on visitor arrivals to New Zealand.

scholarly journals Exporters in the Financial Crisis

2014 ◽  
Vol 228 ◽  
pp. R49-R57 ◽  
Author(s):  
Holger Görg ◽  
Marina-Eliza Spaliara
Keyword(s):  
Financial Crisis ◽  
Firm Growth ◽  
Global Financial Crisis ◽  
Export Market ◽  
Growth And Survival ◽  
Financial Variables ◽  
Large Panel ◽  
Recent Financial Crisis ◽  
The Global Financial Crisis ◽  
Participation Decisions

Using a large panel of UK manufacturing firms over the period 2000–9, we consider how firms responded during the most recent financial crisis, estimating models for export market participation decisions and firm growth and survival. The results indicate that financial variables are highly important in predicting export market entry, especially in the midst of the global financial crisis. With respect to firm growth and survival, we find that starters and continuous exporters are more likely to perform well in and out of the crisis than non-exporters.

scholarly journals Beta Convergence among Former Socialist Countries

2018 ◽  
Vol 13 (2) ◽  
pp. 72-83
Author(s):  
Dzenita Siljak
Keyword(s):  
Financial Crisis ◽  
Positive Impact ◽  
Negative Effects ◽  
Conditional Convergence ◽  
Gdp Growth Rate ◽  
Convergence Process ◽  
Eastern Partnership Countries ◽  
Per Capita ◽  
The Absolute ◽  
Recent Financial Crisis

Abstract The aim of this paper is to analyze the convergence process among former Socialist countries, the Central and Eastern European (CEE), Western Balkan and Eastern Partnership countries. The relationships between the selected macroeconomic variables and per capita GDP growth rate are econometrically tested to support this research. The analyzed period is 2004-2016, with two sub-periods; 2004-2008 and 2009-2013. The subdivision is made to test if the recent financial crisis affected the absolute and conditional convergence process. The empirical findings support the economic convergence hypothesis. The results show that the recent financial crisis negatively affected only the absolute convergence process. The negative effects of the crisis on conditional convergence are not identified. The poorer countries in the analyzed group should do more to attract investment, as gross fixed capital formation has a clear positive impact on per capita growth in the examined sample of countries.

DEVELOPMENT'S CHARACTERISTIC OF COOPERATION BETWEEN RUSSIA AND CHINA AT THE BEGINING OF THE 21 CENTURY

2019 ◽  
pp. 39-42
Author(s):  
I.A. Ryasnov ◽  
Keyword(s):  
Financial Crisis ◽  
21St Century ◽  
Global Financial Crisis ◽  
Economic Cooperation ◽  
Negative Consequences ◽  
The Global Financial Crisis ◽  
Economic Ties

The article deals with Russian-Chinese relations in the aspect of trade and economic cooperation. The author emphasizes that the border territories have special opportunities for the development of cooperation, which can be realized only on the condition of friendly relations between the countries. The author points out that the development of economic ties between Russia and China at the beginning of the 21st century took place against the background of strengthening cultural and political contacts. The author analyzes the challenges that have arisen against the background of the global financial crisis and discusses the ways to overcome its negative consequences by strengthening certain sides of the interaction between our countries.

Role of Accounting and Audit in the Recent Financial Crisis

2013 ◽  
pp. 1496-1503
Author(s):  
Alev Dilek Aydin
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Fair Value ◽  
Financial Reports ◽  
Historical Cost ◽  
The Public ◽  
Creative Accounting ◽  
Recent Financial Crisis ◽  
Audit Reports

This study aims to assess the role of accounting and auditing in the recent financial crisis. After each crisis, there have been serious discussions concerning the reasons behind those crises. However, no consensus has yet been achieved until now. In this context, the analysis of the relationships among financial crisis, accounting, and auditing is of utmost importance in better evaluating the structural reasons behind the crisis. There are several points that this chapter aims to analyze to indicate the contributions of accounting and auditing to the recent global financial crisis. These points are: impacts of disregarding the main principles of accounting, the wide use of fair value accounting over cost-based accounting, incorrect and misleading financial and audit reports, applications of creative accounting, and lack of transparency and weaknesses of the auditing process. The debates generally concentrate on the use of fair value (mark-to-market) accounting in the financial reports as opposed to the historical cost method. It should be emphasized that accounting is very important as a key mechanism of market economies, because of its crucial role in the functioning of the markets in accordance with the public interest. The chapter concludes with several suggestions by taking the fact into consideration that accounting and auditing systems should be revised for the better protection of interests of the third parties such as investors, potential investors, and the state.

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