scholarly journals Inversión ecoeficiente: efectos sobre el desempeño económico y financiero de los grupos empresariales del Dow Jones Sustainability World Index

2021 ◽  
Vol 24 (2) ◽  
pp. 220-230
Author(s):  
Esteban Pérez-Calderón ◽  
María Pache-Durán ◽  
Patricia Milanés-Montero
Keyword(s):  
Financial Markets ◽  
Economic Activity ◽  
Positive Relationship ◽  
Review Of The Literature ◽  
Emission Efficiency ◽  
The Impact ◽  
Large Groups ◽  
Los Grupos ◽  
Irreparable Damage ◽  
Financial Profitability

El impacto de la actividad económica sobre el medio ambiente es innegable, causando daños irreparables. Por lo anterior, la inversión en eficiencia en emisiones es una de las soluciones al problema. En la revisión de la literatura se observan efectos dispares entre la inversión asociada a comportamientos ecoeficientes y la rentabilidad económica-financiera de las empresas. El objetivo del estudio fue aportar mayor evidencia empírica sobre estos efectos. Se utilizó un panel de datos balanceado para una muestra de 57 grupos empresariales, líderes europeos cotizados, para los años 2012-2015. Los resultados desvelan una relación positiva entre los niveles de ecoeficiencia y el desempeño económico-financiero. Las recompensas alcanzadas por los grupos empresariales, por la mejora de sus resultados y a través de los mercados financieros, deberían facilitar la aplicación de normativas con el objetivo de reducir el impacto de la actividad empresarial sobre el medioambiente. The impact of economic activity on the environment is undeniable, causing irreparable damage. Thus, investment in emission efficiency is one of the solutions to the problem. A review of the literature shows disparate effects between investment associated with eco-efficient behaviour and the economic-financial profitability of companies. The aim of the study was to provide more empirical evidence on these effects. A balanced data panel was used for a sample of 57 large groups of listed companies for the years 2012-2015. The results reveal a positive relationship between eco-efficiency levels and economic-financial performance. The rewards achieved by companies for improving their results and through financial markets should facilitate the application of regulations with the aim of reducing the impact of business activity on the environment.

scholarly journals The impact of financial restatements on financial markets: a systematic review of the literature

2020 ◽  
Vol 28 (6) ◽  
pp. 1119-1147
Author(s):  
João L.F.R. Fragoso ◽  
Rúben M.T. Peixinho ◽  
Luís M.S. Coelho ◽  
Inna C.S. Paiva
Keyword(s):  
Systematic Review ◽  
Financial Markets ◽  
Academic Community ◽  
Theory And Practice ◽  
Future Research ◽  
Review Of The Literature ◽  
Content Type ◽  
Financial Restatements ◽  
Research Questions ◽  
The Impact

Purpose The purpose of this paper is to discuss the most relevant issues related to the impact of financial restatements in the dynamics of financial markets and identify several research gaps to be investigated in future research. Design/methodology/approach The methodology is based on a systematic review of the literature described by Tranfield et al. (2003). The final sample includes 47 academic papers published from 1996 to 2019. Findings Papers in this domain discuss three main topics: how the market prices the announcement of a financial restatement; how financial restatements affect the announcing firm’s cost of capital and how financial restatements affect firms’ reputation. There are several issues to explore in future research, including whether financial restatements affect the dynamics of financial markets in Europe, whether the market fully and promptly assimilates the information content of a restatement, the role of financial analysts’ information disclosures in this process or how regulators may improve the way they provide investors with timely information about firms’ restating problems. Research limitations/implications There is always some degree of subjectivity in the definition of the keywords, search strings and selection criteria in a systematic review. These are all important aspects, as they delimitate the scope of the study and define the sample of papers to be reviewed. Practical implications The answers to the research questions identified in this paper may provide regulators with information to improve financial accounting and reporting standards and strengthen investors’ confidence in accounting information and the dynamics of financial markets. Originality/value This paper systematically reviews the relevant literature exploring the connection between financial restatements and the dynamics of financial markets. It contributes to the academic community by identifying several research questions that may impact the theory and practice related to accounting quality and capital markets.

scholarly journals The Impact of Transformational Leadership Behaviors on Work Performance of Omani Civil Service Agencies

2016 ◽  
Vol 12 (3) ◽  
pp. 152 ◽  
Author(s):  
Adil Mohamed AlKindy ◽  
Ishak Mad Shah ◽  
Ahmed Jusoh
Keyword(s):  
Transformational Leadership ◽  
Work Performance ◽  
Positive Relationship ◽  
Middle Managers ◽  
Civil Service ◽  
Leadership Behaviors ◽  
Review Of The Literature ◽  
The Public ◽  
The Impact ◽  
Service Agencies

<p>In line with the Recommendations of the Symposium of Development of Governmental Performance (Ministry of Civil Services, 2012), this study is investigating the behavior of the Omani Civil Service Agencies' (OCSA) middle managers Transformational Leadership behaviors in enhancing task and contextual behavior work performance. A review of the literature revealed that there is a positive relationship between transformational leadership behaviors and work performance behaviors. However, there is limited number of studies investigating this relationship in Oman generally and specifically in the public sector. The results are expected to show that the transformational leadership behaviors have a positive relationship with task and contextual work performance behaviors of OCSA. </p>

Impact of regulatory framework rigidity on poverty in the regions of Russia

2020 ◽  
pp. 62-79
Author(s):  
P. N. Pavlov
Keyword(s):  
Economic Activity ◽  
Regional Level ◽  
Institutional Factors ◽  
Federal Regulations ◽  
Russian Regions ◽  
Poverty Dynamics ◽  
Regulatory Burden ◽  
Sectoral Structure ◽  
The Impact ◽  
Regions Of Russia

The paper analyzes the impact of the federal regulatory burden on poverty dynamics in Russia. The paper provides regional level indices of the federal regulatory burden on the economy in 2008—2018 which take into account sectoral structure of regions’ output and the level of regulatory rigidity of federal regulations governing certain types of economic activity. Estimates of empirical specifications of poverty theoretical model with the inclusion of macroeconomic and institutional factors shows that limiting the scope of the rulemaking activity of government bodies and weakening of new regulations rigidity contributes to a statistically significant reduction in the level of poverty in Russian regions. Cancellation of 10% of accumulated federal level requirements through the “regulatory guillotine” administrative reform may take out of poverty about 1.1—1.4 million people.

The specifics of shadow economic activity in Russia

2020 ◽  
Vol 19 (10) ◽  
pp. 1896-1915
Author(s):  
E.R. Ermakova ◽  
O.M. Lizina
Keyword(s):  
Economic Activity ◽  
Shadow Economy ◽  
Integrated Approach ◽  
Economic Activities ◽  
Reproductive Process ◽  
Scientific Methods ◽  
Current Period ◽  
Russian Economy ◽  
Analysis And Synthesis ◽  
The Impact

Subject. The article addresses the specifics of shadow economic activities in reformed Russia in the context of systemic transformations. Objectives. We focus on determining the role of shadow economy in the reproductive process, identifying and understanding the specifics of underground economic activity of the Russian economy. Methods. The study rests on general scientific methods (scientific abstraction, unity of historical and logical, analysis and synthesis, induction and deduction, comparison and analogy) and special methods of cognition (monetary methods). We employ the systems and integrated approach. The official statistics, regulations, works of leading researchers on shadow economy expansion, resources of reference and legal systems like Garant and ConsultantPlus serve as the study's information base. Results. We present a retrospective rapid analysis of the extent of shadow economic activity in the domestic economy, establishing the relationships with the processes that take place at different stages of the country's development. We also reveal the specifics of shadow economy relations in Russia, factors that play a key role in expansion for a particular period, a shift to another form of shadow economy. The study characterizes the current period of development, assesses the impact of external shocks on shadow economy expansion. Conclusions. The current period is characterized by the digitization of shadow relations, the shift of corruption to the upper echelons of power, the continued outflow of capital abroad, and increased penalties for underground activities.

Assessment of sensitivity of the efficiency of regional tax spending towards investment attractiveness of the types of economic activity carried out by the residents of advanced development territory

2020 ◽  
pp. 98-110
Author(s):  
Evgeniya Mikhailovna Popova ◽  
Guzel Mukhtarovna Guseinova ◽  
Sergei Borisovich Milov
Keyword(s):  
Economic Activity ◽  
Socioeconomic Development ◽  
Federal District ◽  
Tax Incentives ◽  
Capital Investments ◽  
The Subject ◽  
Investment Process ◽  
The Impact ◽  
Advanced Development

The deficit of subnational budgets and deceleration capital investments in multiple Russian regions increase the relevance of research aimed at improvement of tax incentivizing practice of the regional investment process. The studies focused on determination of the impact of socioeconomic and institutional factors upon the efficiency of investment tax expenses obtained wide circulation within the foreign scientific literature. The subject of this article is the assessment of sensitivity of the efficiency of regional tax expanses towards investment attractiveness of the types of economic activity carried out by the residents of territories of advanced socioeconomic development, created in the subjects of Far Easter Federal District. The scientific novelty and practical values of this research consists in substantiation of the reasonableness of assessment of investment attractiveness of the types of economic activity that are stimulated by tax incentives. Methodology for assessing investment attractiveness is proposed and tested. The conclusion is made that in case of low investment attractiveness of the type of economic activity, which was planned to support by tax incentives, it is required to conduct and additional analysis to avoid unjustified tax expanses.

The Impact of EMU on European Financial Markets

2001 ◽  
Vol 62 (2) ◽  
pp. 83-95
Author(s):  
Ernst-Ludwig von Thadden
Keyword(s):  
Financial Markets ◽  
The Impact

Stages of the formation of temporary and permanent occlusion and the impact of early tooth extraction on the dentition state. Literature review

2019 ◽  
pp. 22-24
Author(s):  
G.A. Murachueva ◽  
I.M. Rasulov ◽  
S.G. Gusenov
Keyword(s):  
Literature Review ◽  
Temporomandibular Joint ◽  
Tooth Extraction ◽  
Physiological State ◽  
Review Of The Literature ◽  
Full Development ◽  
Permanent Occlusion ◽  
The Impact

A review of the literature on the stages of the formation of temporary and permanent occlusion has been performed. This stages play an important role not only for the full development of the maxillofacial apparatus, temporomandibular joint, but also the whole organism. The role of early tooth extraction in the formation of the physiological state of the dentoalveolar system is considered. The conclusion is drawn about the need for a deeper study of this problem in the structure of general dental morbidity.

Status, Impact, and Factor Determining Rural Non-farm Economy of India: A Review

2020 ◽  
pp. 68-76
Keyword(s):  
Rural Areas ◽  
Present Status ◽  
Economic Activity ◽  
Rural Livelihoods ◽  
Pivotal Role ◽  
Inclusive Development ◽  
Farm Sector ◽  
Income Inequalities ◽  
Review Study ◽  
The Impact

The rural non-farm sector (RNFS) involves a spectrum of economic activity in rural areas and encompasses all rural productive entities other than farm holdings. It has the potential to play a pivotal role in holistic and inclusive development of India’s rural areas by increasing the employment and wages of rural labour, which can reduce income inequalities. The review was carried out in order to explain the present status of RNFE state wise as well as overall to get a comprehensive view on the topic. The review study also focuses to disaggregate RNFE on the basis of gender, size of landholding and castes. Literature depicting the impact of RNFE on rural livelihoods especially in employment and poverty and factors determining it also been compiled to get an overall idea on the study.

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