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This paper proposes an empirical method to estimate the model of sustainable profit and corporate social responsibility originated by Sudtasan and Suriya (2013). It suggests analysts to use data from official financial statements of companies which may be reported to the Stock Exchange in a...
Persistent link: https://www.econbiz.de/10011113180
This paper builds upon a view of economic system and individual economic organization as problem-solving arrangements and presents a simple model of adaptive problem-solving driven by trial-and-error and collective selection. The institutional structure, and in particular its degree of...
Persistent link: https://www.econbiz.de/10005292623
Looking through contributions about microeconomic theory, from classics to modern theory, it is possible to identify various attitudes on the role that firms play in the market. To simplify the existing multiplicity of opinion, two distinct positions can be recognized: 1) the first one considers...
Persistent link: https://www.econbiz.de/10005837341
This paper offers a sketch of what an economic theory of the firm would look like if it were founded on the thought of Joseph Schumpeter, particularly on Chapters 1-2 of his Theory of Economic Development. Schumpeterian analysis requires an intuitively appealing and realistic conceptualization...
Persistent link: https://www.econbiz.de/10005518699
This study empirically investigates the causal relationship between mineral exploration and environmental pollution in …, environmental pollution and foreign direct investment are statistically linked. The regression on the ordinary least square … the environmental pollution in Nigeria. The study finds a long-run uni-directional causal relationship flowing from …
Persistent link: https://www.econbiz.de/10008835339
As at today, it is an indisputable fact that the climate is changing and there is a scientific consensus that the world is becoming a warmer place principally attributable to human activities. Regrettably, the physical impacts of future climate change on humans and the environment will include...
Persistent link: https://www.econbiz.de/10011259199
In this paper we assess, through contingent valuation surveys, the willingness to pay (WTP) of the population for more environment-friendly sources of energy, in the context of the proposed construction of big hydroelectric dams in the Chilean Patagonia region. We use two different data samples...
Persistent link: https://www.econbiz.de/10011259603
This paper shows some relationships among economy, environment and natural resources. The concept of sustainable development is discussed, as well as its evolution along the time and the two competing approaches on this question. The paper also evaluates the connection between natural capital...
Persistent link: https://www.econbiz.de/10011258256