Download or read book What is the Impact of the Internationalization of Ownership on Renewable Energy Firm Performance written by Samdruk Dharshing and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: As the importance of cross-national capital flows has been identified as important driver of global technology spillovers and mutual learning processes, the internationalization of ownership has emerged as a popular topic of academic research. This master thesis will contribute to existing literature by analyzing the impact of foreign shareholders on the performance of renewable energy firms as part of an emerging industry. The significant growth rate of new players from emerging countries indicates that the process of internationalization in the renewable energy sector does not follow the same pattern as in more established economic sectors. The most suitable theory to describe is the LLL framework, which explains how firms from emerging countries can outpace established western companies by quickly adapting new technologies and acting on a global scale from the beginning. This master thesis follows a multi-framework approach by combining three theories: First, agency theory indicates that foreign investors face information disadvantages due to their distance, which might be particularly problematic in renewable energy as an emerging industry characterized by uncertainties. However, previous studies imply that foreigners are more vigilant and active shareholoders, which might compensate for intitial information asymmetries. Second, resource-based view suggests that foreign owners are an important source of financing and furthermore, they might induce technology spillovers. Third, social network theory explains how domestic owners benefit from being embedded in local relationships, whereas foreigners build linkages to multi-national networks. The main empirical finding is that corporate performance in a sample of partly foreign owned wind energy firms is significantly lower than in the sample of purely domestic wind firms. This result can be explained by social network theory, which states that the social acceptance of the local.
Download or read book The Impact of Public Attention on the Performance of Renewable Energy Companies written by Christian Lohri and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this paper is to investigate if public attention towards energy related issues has an effect on renewable energy companies' performance. In order to do so we compare the amount of public attention towards the issues of global warming, energy costs and energy security with the performance of international solar and wind power companies. The analysis shows that no direct relationship can be found in the examined period. The results of the investigation are discussed with an expert of sustainability research.
Download or read book Effect of Foreign Ownership on Firm Performance and Shareholder Value written by Pruthvi Bhat and published by . This book was released on 2017 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Internationalisation of Business R D Evidence Impacts and Implications written by OECD and published by OECD Publishing. This book was released on 2008-06-06 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyses trends in the offshoring of R&D, examines its drivers and motivations, and identifies implications for innovation policy.
Download or read book Explaining Executive Pay written by Lukas Hengartner and published by Springer Science & Business Media. This book was released on 2007-12-31 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lukas Hengartner shows that both firm complexity and managerial power are associated with higher pay levels. This suggests that top managers are paid for the complexity of their job and that more powerful top managers receive pay in excess of the level that would be optimal for shareholders.
Download or read book Meta regression Analysis in Economics and Business written by T. D. Stanley and published by Routledge. This book was released on 2012 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: Meta-Regression Analysis in Economics and Business is the first text devoted to the meta-regression analysis (MRA) of economics and business research.
Download or read book Effects of Power from Participative Governance written by Joshua Wathanga, Murage Susan Nyokabi, Angela C. Kimeto, Tom Kahigu and published by AJPO Journals USA LLC. This book was released on 2023-06-13 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: TOPICS IN THE BOOK Effect of Participative Governance and Human Capital on the Organizational Performance of Dairy Co-Operatives in Kenya Effect of Idealized Influence and Inspirational Motivation of the CEO on Performance in the Private Sector in Kenya The Influence of Idealized Influence and Individualized Consideration on Organizational Commitment in Commercial Banks in Kenya Effects of Power Distance on ICT Strategic Alignment in Kenya’s Commercial Banks
Download or read book Privatization in Eastern Europe written by Roman Frydman and published by Central European University Press. This book was released on 1994-01-01 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Eastern Europe privatization is now a mass phenomenon. The authors propose a model of it by means of an illustration from the example of Poland, which envisages the free provision of shares in formerly public undertakings to employees and consumers, and the provision of corporate finance from foreign intermediaries. One danger that emerges is that of bureaucratization. On the broader canvas, mass privatization implies the reform of the whole system, the creation of a suitable economic infrastructure for a market economy and the institutions of corporate governance. The authors point out the need for a delicate balance between evolution - which may be too slow - and design - which brings the risk of more government involvement than it is able to manage. A chapter originating as a European Bank working paper explores the banking implications of setting up a totally new financial sector with interlocking classes of assets. The economic effects merge into politics as the role of the state is investigated. Teachers and graduate students of public/private sector economies, East European affairs; advisers to bankers or commercial companies with Eastern European interests.
Download or read book Proceedings of the XIV INTERNATIONAL SYMPOSIUM SYMORG 2014 written by Aleksandar Marković and published by FON. This book was released on 2014-06-05 with total page 1795 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Business Sustainability and Corporate Social Responsibility written by Maria Alejandra Gonzalez-Perez and published by Emerald Group Publishing. This book was released on 2013-02-27 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first in a two volume study of Corporate Social Responsibility and corporate behaviour from around the world, taking in viewpoints from five continents and over ten countries. These case studies present a detailed analysis of best practice in the corporate world in the areas of social ethics and community engagement.
Download or read book Sustainability of Digital Transformation for the Environment written by Evgeny Kuzmin and published by Frontiers Media SA. This book was released on 2024-02-27 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: On 2 June 2022 in Stockholm, an UN-backed coalition of 1,000 stakeholders from over 100 countries launched an Action Plan to steer digitalization towards accelerating environmentally and socially sustainable development. The Coalition for Digital Environmental Sustainability aims to help reorient and prioritize the application of digital technologies to meet the 2030 Agenda for Sustainable Development and address the triple planetary crisis of climate change, biodiversity loss, and pollution and waste. Inspired by this Agenda, we have directed our research interest toward the search for approaches to sustainable digital transformation for the environment. This Research Topic is a part of our initiative at the annual international scientific conference ‘Digital Transformation in Industry’ (DTI), held by the Institute of Economics of the Ural Branc
Download or read book Economic Crisis in Europe written by and published by European Communities. This book was released on 2009 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this report, the Commission takes stock of Europe's deepest recession since the 1930s. The report examines the anatomy of the crisis and concludes that the EU's response was swift and decisive. But decision-makers are now grappling with how best to design 'exit strategies' from temporary support measures, and the focus of the policy debate is shifting from crisis control to longer-term measures supporting a return to growth. Key challenges will be balancing financial stability and competition, and restoring fiscal probity without compromising recovery. The EU will have an important coordinating role in ensuring an orderly crisis resolution. --Publisher's description.
Download or read book International Corporate Governance written by Thomas Clarke and published by Taylor & Francis. This book was released on 2017-05-03 with total page 733 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new edition of Thomas Clarke’s popular International Corporate Governance offers a comprehensive guide to understanding corporate governance as a discipline, while incorporating new case studies and material that takes account of the implications of the global financial crisis and the continuing sustainability crisis.
Download or read book ESG and Responsible Institutional Investing Around the World A Critical Review written by Pedro Matos and published by CFA Institute Research Foundation. This book was released on 2020-05-29 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: This survey examines the vibrant academic literature on environmental, social, and governance (ESG) investing. While there is no consensus on the exact list of ESG issues, responsible investors increasingly assess stocks in their portfolios based on nonfinancial data on environmental impact (e.g., carbon emissions), social impact (e.g., employee satisfaction), and governance attributes (e.g., board structure). The objective is to reduce exposure to investments that pose greater ESG risks or to influence companies to become more sustainable. One active area of research at present involves assessing portfolio risk exposure to climate change. This literature review focuses on institutional investors, which have grown in importance such that they have now become the largest holders of shares in public companies globally. Historically, institutional investors tended to concentrate their ESG efforts mostly on corporate governance (the “G” in ESG). These efforts included seeking to eliminate provisions that restrict shareholder rights and enhance managerial power, such as staggered boards, supermajority rules, golden parachutes, and poison pills. Highlights from this section: · There is no consensus on the exact list of ESG issues and their materiality. · The ESG issue that gets the most attention from institutional investors is climate change, in particular their portfolio companies’ exposure to carbon risk and “stranded assets.” · Investors should be positioning themselves for increased regulation, with the regulatory agenda being more ambitious in the European Union than in the United States. Readers might come away from this survey skeptical about the potential for ESG investing to affect positive change. I prefer to characterize the current state of the literature as having a “healthy dose of skepticism,” with much more remaining to be explored. Here, I hope the reader comes away with a call to action. For the industry practitioner, I believe that the investment industry should strive to achieve positive societal goals. CFA Institute provides an exemplary case in its Future of Finance series (www.cfainstitute.org/research/future-finance). For the academic community, I suggest we ramp up research aimed at tackling some of the open questions around the pressing societal goals of ESG investing. I am optimistic that practitioners and academics will identify meaningful ways to better harness the power of global financial markets for addressing the pressing ESG issues facing our society.
Download or read book How Capitalism Was Built written by Anders Aslund and published by Cambridge University Press. This book was released on 2013 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: This second edition updates all chapters and covers the impacts of the global financial crisis and the European Union.
Download or read book Maintaining Sustainable Accounting Systems in Small Business written by Carvalho, Luísa Cagica and published by IGI Global. This book was released on 2018-06-15 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: Accounting systems and sustainability management are vital for company management and performance. This is particularly difficult for small businesses. As such, it is necessary to understand the features and issues of sustainable accounting systems, with a particular focus on small business. Maintaining Sustainable Accounting Systems in Small Business is a critical scholarly resource that explores sustainability accounting systems with small businesses and how the economic, social, and environmental aspects are related to each other in the company’s management and performance. Featuring coverage on a broad range of topics such as management control system, integrated reporting, and small and medium enterprises, this book is geared towards entrepreneurs, business managers, academicians, business professionals, and graduate-level students seeking practical information about the different sustainable accounting systems from strategic, organizational, and accounting perspectives.
Download or read book The Oxford Handbook of State Capitalism and the Firm written by Late Professor of Entrepreneurship Mike Wright and published by Oxford University Press. This book was released on 2022-07-28 with total page 913 pages. Available in PDF, EPUB and Kindle. Book excerpt: There has been a major revival of interest in State Capitalism: What it is, where it is found, and why it is seemingly becoming more ubiquitous. As a concept, it has evolved from radical critiques of the Soviet Union, to being deployed by neo-liberals to describe market reforms deemed imperfect, to settle into a middle ground, as a pragmatic way to describe the state assuming a role as an active economic agent, in addition to its regulatory, social, and security functions. The latter is the central focus of this book, although due attention is accorded to the origins of state capitalism and how it has changed over the years, as well as contemporary ways in which state capitalism may be theorized. This economic agency may assume direct forms, for example, via state owned enterprises. However, it may also be indirect, for example, actively serving private interests through promoting insider firms, who may occupy monopolistic market positions and perform outsourced state functions. In turn, this leads to raise salient governance questions. The latter may encompass agency tensions between public ownership, and political or even private interest control; it may also include issues of transparency and monitoring. Although state capitalism has often been depicted as the preserve of states in the global south, be they developmental or predatory, many forms of state capitalism are visible in mature economies, be they liberal or coordinated, and this is not always associated with superior governance arrangements; indeed, this is an area where clear and easy divisions between the developing or emerging world and the developed or mature world may increasingly be breaking down. This volume brings together the accounts of leading experts from around the world; it is explicitly multi-disciplinary, and both consolidates the exiting knowledge base, and provides new, novel, and counter-intuitive insights.
