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The aim of this report is to analyze the Socially Responsible Investment in the USA from the shareholder's point of view. Based on the rule 14a-8, dissatisfied investors or activists may submit proposal to be implemented in order to improve social, societal and environmental performances of a...
Persistent link: https://www.econbiz.de/10009422113
The growth of socially responsible investment on public financial markets has drawn considerable academic attention over the last decade. Discarding from previous literature, this paper sets up to analyze the Private Equity channel, which is shown to have the potentiality to foster sustainable...
Persistent link: https://www.econbiz.de/10009650054
an agent and his principle. The normative theory of agency and the positive theory of agency represent theory sphere of …
Persistent link: https://www.econbiz.de/10008789113
This paper attempts to re-examine the notion of equality, going beyond the classic opposition in France between affirmative action and meritocratic equality. Hence, we propose shifting the French debate about equality of opportunities in education to the question of how to raise equality of...
Persistent link: https://www.econbiz.de/10010899181
implementation of environmental public policies, we argue that not only middle managers' agency is crucial to strategy-making but … also that of employees. We also propose a complementary understanding of strategic agency as regulated and organized by the …
Persistent link: https://www.econbiz.de/10010899762
Focussing on their analysis of the optimal public goods provision problems, this paper follows the parallel development of equilibrium models and mechanism design after the accommodation of Samuelson's definition of collective goods to the general equilibrium framework. Both paradigms lead to...
Persistent link: https://www.econbiz.de/10010603927
Focussing on their analysis of the optimal public goods provision problem, this paper follows the parallel development of equilibrium models and mechanism design after the accommodation of Samuelson's definition of collective goods to the general equilibrium framework. Both paradigms lead to the...
Persistent link: https://www.econbiz.de/10010738669
supervision in a setting where audits can be delegated to an independent audit agency, showing how to induce agency compliance …
Persistent link: https://www.econbiz.de/10010933829
This paper applies the Mean Fi eld Game approach pioneered by Lasry and Lions (2007) to the analysis of the researchers' academic productivity. It provides a theoretical motivation for the stability of the universaly observed Lotka's law. It shows that a remuneration scheme taking into account...
Persistent link: https://www.econbiz.de/10010929096
This article analyzes some of the issues raised by institutionalized public-private partnerships in an economic perspective. We demonstrate that although they may address some of the main limits of purely contractual public-private partnerships, such as the issues of control, know-how transfer,...
Persistent link: https://www.econbiz.de/10010930091