Empirical research on the characteristics of environmentally responsive companies has focussed on US and Japanese companies. For Europe, which is commonly considered as the greenest of the three major markets, similar research is lacking. This paper seeks to fill this gap by empirically...

In this paper we study the local behaviour of a characteristic of two types of shock models. In many physical systems, a failure occurs when the stress or the fatigue, represented by $\epsilon(n)$, reaches a critical level $x$. We are interested in the time $\tau(x)$ for which this happens for...

This paper examines the reporting practices of Belgian listed firms, in terms of corporate social responsibility (CSR). Four research questions are addressed: (1) What CSR areas are disclosed in the annual report? (2) What is the extent of the CSR reporting for the different areas? (3) How is...

Although a priori company screening is a constitutive feature of socially responsible investment (SRI) funds, it is not easy to substantiate that such screening effectively differentiates between companies on the basis of their Corporate Social Responsibility (CSR) calibre. Fundamentally, this...

This paper presents an estimated two-country dynamic stochastic general equilibrium (DSGE) model linking the United Kingdom (UK) and the euro area (EA). The model includes imperfect exchange rate pass-through, external habit formation, producer and importer sticky prices à la Calvo, incomplete...

Since the first successful renal transplant in 1954, many kidney patients saw their hopes for a better future dashed by the continuous lack of donor kidneys. A regulated market for living donor kidneys has been proposed in order to match supply to demand and to stop illegal and immoral practices...

This paper proposes a pragmatic, discrete time indicator to gauge the performance of port-folios over time. Integrating the shortage function (Luenberger, 1995) into a Luenberger portfolio productivity indicator (Chambers, 2002), this study estimates the changes in the relative positions of...

Recent studies have shown that human resource management practices like training, participation or incentive compensation significantly contribute to firm performance (see e.g. Zwick, 2006; Bartel, 2000; Black and Lynch, 1998; Ichniowski, Shaw and Prennushi, 1997; Huselid, 1995). Although the human capital of...

On the basis of a longitudinal administrative dataset (1991-2002) matched with socio-economic survey information of 2001, new evidence is provided on poverty among Belgian elderly that are in the transition from work to retirement. Results show that for the age group 50-65 1)means- tested...