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This paper explores the idea that “Fear of Floating” and accompanying pro-cyclical interest rate policies observed in the case of some emerging market economies may be justified as an optimal discretionary monetary policy response to shocks. The paper also examines how the differences in...
Persistent link: https://www.econbiz.de/10005408203
The purpose of this article is to assess how the changing operations of international banks in emerging countries in the last decades have altered the risks they face as well as their mitigation techniques. The recent expansion of the international banking business through the setup of branches...
Persistent link: https://www.econbiz.de/10005556585
Il paper propone un'integrazione metodologica tra la teoria Williamsoniana dei costi di trnasazione e la Resource-based View nello studio delle problematiche relative alla governance nelle reti esterne di imprese, che porti all'utilizzo di una metodologia di ricerca bifronte; dopo un'introduzione...
Persistent link: https://www.econbiz.de/10005556247
Der Zusammenhang zwischen Umweltmanagement und Shareholder Value ist in den letzten Jahren Thema einer Vielzahl von … Publikationen gewesen. Dass gutes Umweltmanagement grundsätzlich auch Shareholder Value schaffen kann, ist heute weitgehend …. Hierdurch wird deutlich, ob und wie das Umweltmanagement Shareholder Value schafft. Die Studie zeigt außerdem, wie der Beitrag …
Persistent link: https://www.econbiz.de/10005062488
Die Studie „Wertschaffendes Umweltmanagement“ betrachtet den Zusammenhang zwischen Umweltaspekten und Unternehmenswert … Environmental Shareholder Value auf und zeigt, wie betriebliches Umweltmanagement positiv auf die Werttreiber des Shareholder Value … betriebliche Umweltmanagement sicherstellen muss, dass Unternehmen auf zukünftige „ökologische“ Herausforderungen reagieren können …
Persistent link: https://www.econbiz.de/10005407755
On 24 August 1998 the Treasurer referred the implementation of Ecologically Sustainable Development (ESD) by Commonwealth departments and agencies to the Commission for inquiry and report within nine months of receipt of the reference.
Persistent link: https://www.econbiz.de/10005556154
In the contest of environmental management, the problem of minimizing the expected cost due to random checking processes and a possible failure is here addressed. Non-homogeneous Poisson checking processes with continuous non-decreasing intensity are considered, leading to the explicit detection...
Persistent link: https://www.econbiz.de/10005118638
This paper provides an economic framework within which to consider the effectiveness and limitations of auction markets. The paper looks at the use of auctions as a policy instrument and the effects of auction design on consumer interests, the efficient allocation of resources, and industry...
Persistent link: https://www.econbiz.de/10005561841
Inertia in academia sometimes obstructs the development of important insights. That is one reason for the specially long gap separating Coase's seminal paper [1937] that laid the foundations of current Transaction Cost Economics (TCE) and the efforts of scholars to develop his ideas. But as TCE...
Persistent link: https://www.econbiz.de/10005134547
Small and medium sized enterprises (KOBIs in Turkish) make up about 98 percent of all manufacturing firms in Turkey. They make a significant contribution to the economy in terms of output, employment, value-added and economic growth. Unfortunately, there seems to be many obstacles restraining...
Persistent link: https://www.econbiz.de/10005062722