Environmental, Social, and Corporate Governance by Avoiding Management Bias and Tax Minimization

2022 ◽  
pp. 94-132
Author(s):  
Cristina Raluca Gh. Popescu
Keyword(s):  
Corporate Governance ◽  
Business Organizations ◽  
Financial Systems ◽  
Healthy Life ◽  
Tax Rate ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Managerial Strategies ◽  
And Performance ◽  
The One

The COVID-19 pandemic shock made nations worldwide seek support in different forms of international cooperation, realizing that strength is derived from countries' capacities to unite their forces and act together in times of crisis. Faced with the perspective of the COVID-19 crisis consequences, states have to adapt, focusing on implementation of robust managerial strategies and concentrating attention on ensuring strong financial systems. Given that, on the one hand, in the attempt to provide a healthy life and sustainable development, a balance needs to be established in terms of environmental, social, and corporate governance; and, on the other hand, in the quest to guarantee fair and transparent tax systems, a minimum global tax rate should be implemented. Likewise, in the new economy, the knowledge-based economy, the digitalized economy, business organizations should act in the spirit of sustainability while centering their efforts on efficiency, productivity, profitability, and performance and benefiting from the impressive advantages provided by intangible assets.

scholarly journals The Development of the Romanian Academic Research on the Academy of Economic Studies

2010 ◽  
Vol 1 (1) ◽  
Author(s):  
Roxana SARBU
Keyword(s):  
Higher Education ◽  
Academic Research ◽  
Scientific Development ◽  
Knowledge Based ◽  
European Area ◽  
Knowledge Based Economy ◽  
The One ◽  
Educational Market ◽  
Economic Studies

Interdisciplinary academic research is one way to improve education quality via research as this implies scientific development, incorporating high technology into academic processes as well as formulating innovation-driven processes and services. Having these objectives in mind, the current project seeks to act along two major directions: on the one hand, improving the quality of academic research, on the other hand boosting its efficiency and noteworthiness on a world scale. The first vista aims to strengthen academic research capacities, which must be achieved by having education processes meet knowledge-based economy exigencies. From the perspective of this research under discussion, this paper explores the effects of European integration on the quality of Romanian economic higher education in its positioning on the European educational market and the attempts to define its specific profile in the central and eastern-European area. The authors raise questions regarding the roles universities want to play in the future, regarding the awareness towards the needs of the institutions, the needs of the teaching and research staff and, mainly, the needs of the students. On a particularly aggressive market, it becomes necessary that Romanian academic research and higher education on the Academy of Economic Studies should reflect on the first lessons which the new status of the country's European Union membership gives to the Romanian prestigious universities.

scholarly journals The Role of Political Economy in Determining the Goals of Firm Laws

2021 ◽  
pp. 157-172
Author(s):  
Mohammad Reza Pasban ◽  
Seyyed Hadi Farrokhi
Keyword(s):  
Political Economy ◽  
Corporate Governance ◽  
Adam Smith ◽  
Influential Factor ◽  
Business Organizations ◽  
Western Economy ◽  
Conflicting Objectives ◽  
Liberal Approach ◽  
The One ◽  
The 19Th Century

The emergence of political schools, especially leftist views, created a closer link between economy on the one hand and political views and schools on the other hand. In fact, prior to the advent of economics-based political schools, the relationship between political schools and economics was not clear, and instead, economic tendencies were mostly stressed by scholars and business organizations. Despite the fact that mercantilism did not last long, and survived for almost only two centuries, it exerted a profound impact on the structure of the western economy. Although the classical school, and mainly Adam Smith, played a role in undermining the idea of mercantilism, it lost its position with the rise of nationalist ideas in the 19th century. In fact, the discriminatory implications and issues of the liberal approach led to the boom of socialism. In the field of political economy, the function of corporate governance has long been of interest to scholars, at the core of which are the two shareholder-based and stakeholder-based views. While the former highlights the interests of the ultimate owners of the company, the latter underscores the interests of the community and all stakeholders as the goal of corporate governance, and both pursue different and sometimes conflicting objectives. The basis of such a difference lies in the discrepancy between individualism and socialism, an influential factor in goal determination of firms.

scholarly journals Influence of ethical behavior on Corporate Governance of firm’s performance in Ghana.

2018 ◽  
Vol 6 (06) ◽  
Author(s):  
Obeng Kwakye ◽  
Kong Yusheng ◽  
Emmanuel Caesar Ayamba ◽  
Andrew Agyemang Osei
Keyword(s):  
Corporate Governance ◽  
Financial Development ◽  
Ethical Leadership ◽  
Ethical Behavior ◽  
Ethical Issues ◽  
Code Of Conduct ◽  
Business Organizations ◽  
And Performance ◽  
The Impact

This study aims at analyzing the influence which ethical behavior has on the corporate governance of firm’s performance in Ghana. The existing of ethical issues in business organizations and the general code of conduct which these companies are supposed to follow has brought about the need for researchers to assess their implications to the management of these firms. The findings in this study are essential in acknowledging the impact of ethical behavior on the management of the organization. This study has given us an in-depth understanding of the effects of ethical attributes such as ethical leadership and corporate governance to the overall financial development and performance of firms in Ghana

scholarly journals Big Data, Tacit Knowledge and Organizational Competitiveness

2013 ◽  
Vol 3 (3) ◽  
Author(s):  
Nowshade Kabir ◽  
Elias Carayannis
Keyword(s):  
Big Data ◽  
Tacit Knowledge ◽  
Business Processes ◽  
Business Analytics ◽  
Management Support ◽  
Business Organizations ◽  
Knowledge Based ◽  
Innovative Methods ◽  
And Performance ◽  
The Right

In the process of conducting everyday business, organizations generate and gather a large number of information about their customers, suppliers, competitors, processes, operations, routines and procedures. They also capture communication data from mobile devices, instruments, tools, machines and transmissions. Much of this data possesses an enormous amount of valuable knowledge, exploitation of which could yield economic benefit. Many organizations are taking advantage of business analytics and intelligence solutions to help them find new insights in their business processes and performance. For companies, however, it is still a nascent area, and many of them understand that there are more knowledge and insights that can be extracted from available big data using creativity, recombination and innovative methods, apply it to new knowledge creation and produce substantial value. This has created a need for finding a suitable approach in the firm’s big data related strategy. In this paper, the authors concur that big data is indeed a source of firm’s competitive advantage and consider that it is essential to have the right combination of people, tool and data along with management support and data‐oriented culture to gain competitiveness from big data. However, the authors also argue that organizations should consider the knowledge hidden in the big data as tacit knowledge and they should take advantage of the cumulative experience garnered by the companies and studies done so far by the scholars in this sphere from knowledge management perspective. Based on this idea, a big data oriented framework of organizational knowledge‐based strategy is proposed here.

Dinamica populației principalelor aglomerații urbane din Europa

2020 ◽  
Author(s):  
Ionel Muntele ◽  
◽  
Alexandru Banica ◽  
Keyword(s):  
Hierarchical Classification ◽  
Urban Resilience ◽  
The West ◽  
Suburban Areas ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Systemic Crisis ◽  
The One ◽  
Ascending Hierarchical Classification ◽  
Totalitarian Regimes

Dynamics ot the population of the main urban aglomerations in Europe (1980-2019). Using several available databases, all based on official information, the population evolution from the main European urban agglomerations (those with a minimum of 1000 thousand inhabitants) was reconstructed. The period considered was 1980-2019 in order to capture the changes generated by the disappearance of the iron curtain and the totalitarian regimes. The analysis based on the ascending hierarchical classification, carried out in XLSTAT, shows the persistence of strong east-west disparities but also the appearance of disparities, both between the former communist states and in the west of the continent. The generalization of the urban sprawl process, with the agglomeration of the population in the suburban areas was neither uniform nor constant over time. An urban resilience has played an important role, the ability to overcome the systemic crisis induced in the east of the continent by the transition to the market economy or in the west, to adapt to the new knowledge-based economy. Beyond the manifestation of these disparities that seem to be the expression of a historical inertia, a tendency of convergence at the continental level, similar to the one that was manifested in the case of the demographic transition after 1990, is timid.

scholarly journals THE ROLE OF PROJECT MANAGEMENT IN THE INTEGRATION OF SCIENCE, EDUCATION AND BUSINESS

2021 ◽  
pp. 5-10
Author(s):  
Z. B. Akhmetova ◽  
A. K. Kozhakhmetova ◽  
A. D. Asanova
Keyword(s):  
Science Education ◽  
Project Management ◽  
Performance Indicators ◽  
Innovation Ecosystem ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
The Face ◽  
And Performance ◽  
The Relationship

Integration of science, education and business is a driver of economic competitiveness in the context of globalization and building an effective national innovation ecosystem. Project management is considered one of the main tools for improving the efficiency of commercialization projects that are the result of successful integration. The study aims to assess the relationship between project management and performance indicators of integration of science, education and business in the face of commercialization projects. The results of the study revealed that intensive use of the above processes increases the efficiency of projects. Moreover, critical processes were identified that positively affect the timing and cost of commercialization projects. Integration of science, education and business is an effective tool for sustainable development and competitiveness of States in the context of globalization and the formation of a knowledge-based economy and the construction of an effective national innovation ecosystem.

Lifelong Learning in the Knowledge Economy

2010 ◽  
pp. 115-124
Author(s):  
Maria Rosalia Vicente ◽  
Ana Jesus Lopez
Keyword(s):  
Lifelong Learning ◽  
Knowledge Economy ◽  
Best Practice ◽  
Business Organizations ◽  
Global Knowledge ◽  
Knowledge And Skills ◽  
Training Costs ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
E Learning

In a global knowledge-based economy, the performance of business organizations depends on ensuring that all categories of employees possess current and up-to-date knowledge and skills. Therefore, businesses must analyze their training needs in greater depth and update workers’ skills much more rapidly than in the past, while attempting to reduce training costs to remain competitive in this changing environment (Roy & Raymond, 2008). This requires organizations to educate and train anyone, anytime, and from anywhere with the lowest possible costs (Ong et al., 2004). Thus, many enterprises have turned to e-Learning as a best practice to provide adequate training to their employees. The aim of this paper is to examine e-learning adoption among a sample of European firms (an area for which empirical evidence is quite scarce), and investigate the factors driving its introduction.

Transparency in Public Administration

2020 ◽  
Author(s):  
Tero Erkkilä
Keyword(s):  
Public Administration ◽  
Information Access ◽  
Public Information ◽  
Personal Data ◽  
Raw Material ◽  
Information Transparency ◽  
Knowledge Based ◽  
Governance Indicators ◽  
Knowledge Based Economy ◽  
And Performance

Transparency is one of the keywords of contemporary governance. It is often associated with democratic accountability, but it also carries connotations of market efficiency. Though transparency is a key concept for economics and politics, its ideational roots lie in access to government information. Transparency holds promises for increased democratization and economic performance, but these may also stand in contradiction. Coinciding with the rise of transparency as a token of responsible governance, we have witnessed rapid global diffusion of information access laws. In debates on public accountability, transparency appears as an element of both deliberation and performance, which is peculiar as these are often seen as complementary types of accountability. Moreover, increased transparency is often assumed to lead to increased citizen trust in government, but the relation of trust and transparency is more complex. Transparency also implies access to public information, which can consist of various types of documents and registries. Through digitalization, public information has become a pressing topic of interest, including as raw material for a knowledge-based economy. Public administration also manages significant amounts of personal data of citizens, raising additional concerns for privacy. While transparency and privacy are not antonyms, there is a trade-off between them. Nevertheless, transparency also appears as a means for holding government accountable for its use of registry data. Finally, transparency has become a measured element of governance indicators that are themselves an instance of transparency. As a key concept of public administration, transparency is relevant for both democracy and efficiency of governance, but it is ambiguous and even paradoxical by nature.

scholarly journals Cele wspierania inwestycji w ustawie o specjalnych strefach ekonomicznych oraz w ustawie o wspieraniu nowych inwestycji

2021 ◽  
pp. 55-73
Author(s):  
Paweł Sancewicz
Keyword(s):  
Development Policy ◽  
Economic Transformation ◽  
Special Economic Zones ◽  
Investment Promotion ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Economic Reality ◽  
Polish Economy ◽  
And Performance ◽  
Economic Zones

The recently introduced regulations of the New Investment Promotion Act of 10 V 2018 are in line with the trend of the economic legislator’s actions aimed at modernizing the Polish economy and are a direct continuation of the modernization processes initiated by the Act of 20 X 1994 on Special Economic Zones. The legal regulations analyzed in the article constitute an attempt to adjust legal instruments to the changing social and economic reality. The economic administration’s wider use of the legal instruments set out in the New Investment Promotion Act can contribute to faster economic recovery from the crisis caused by the COVID-19 pandemic. The analysis in this article compares the objectives of the New Investment Promotion Act with those of the Act on Special Economic Zones. The research carried out allows the conclusion that the legislator has significantly modernized the objectives of granting support in the New Investment Promotion Act in relation to the objectives indicated in the Act on special economic zones. At the same time, it was decided not to repeal the Act on Special Economic Zones. The reasons for this decision were the continuation of validity of permits issued under the Act on Special Economic Zones, and performance by entities managing Special Economic Zones of tasks specified in the New Investment Promotion Act. As in the Act on Special Economic Zones, the emphasis is placed on issues related to economic transformation, just as in the New Investment Promotion Act the emphasis is placed on the implementation of objectives related to building an innovative, knowledge-based economy. The objectives of the New Investment Promotion Act should be directly expressed in the Act, although the Act on supporting new investments refers many times to strategic documents in the field of development policy.

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