SRPN: Sustainable Business (Topic)最新文献_第2页

The Impact of Low-Carbon Policy on Stock Returns 低碳政策对股票收益的影响

SRPN: Sustainable Business (Topic) Pub Date : 2019-08-28 DOI: 10.2139/ssrn.3444168

Alessandro Ravina, Rania Hentati Kaffel

{"title":"The Impact of Low-Carbon Policy on Stock Returns","authors":"Alessandro Ravina, Rania Hentati Kaffel","doi":"10.2139/ssrn.3444168","DOIUrl":"https://doi.org/10.2139/ssrn.3444168","url":null,"abstract":"This paper assesses the impact of low-carbon policy on stock returns by means of an environmental extension of Fama and French’s (2015) five factor model. This paper makes four major contributions. Firstly, for the first time a factor, GMC (green minus carbon), meant to provide the premium which results from not paying a carbon price is constructed. The GMC factor is obtained by means of a sample of 182 firms from 19 European countries operating in 35 sectors: from January 2008 to December 2018 the value-weight returns of 91 firms regulated by the 2003/87/CE directive are subtracted from the value-weight returns of 91 firms exempted by the 2003/87/CE directive upon which the EU-ETS is based. Secondly, we provide evidence that the addition of the GMC factor improves the performance of the 5 factor model in Europe in the 2008-2018 time span. Thirdly, results show that there is a high green premium rather than a carbon premium as it was asserted by parts of the literature, and that this green premium is highly statistically significant. Fourthly, after performing a carbon stress test, we show the effects of EU-ETS average price shocks on both carbon and green firms for each market cap tranche.","PeriodicalId":387203,"journal":{"name":"SRPN: Sustainable Business (Topic)","volume":"67 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115929472","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 6

Impact of Risk on Continuity of Family Business: A Case Study in Jordan Organizations 风险对家族企业连续性的影响:以约旦企业为例

SRPN: Sustainable Business (Topic) Pub Date : 2019-05-28 DOI: 10.2139/ssrn.3395522

Ahmad Abudarwish

引用次数: 0

Incorporating Sustainability in Business Model: A Literature Review 将可持续性纳入商业模式:文献综述

SRPN: Sustainable Business (Topic) Pub Date : 2019-03-14 DOI: 10.2139/ssrn.3643604

Muhammad Muzahidul Islam Patowary

{"title":"Incorporating Sustainability in Business Model: A Literature Review","authors":"Muhammad Muzahidul Islam Patowary","doi":"10.2139/ssrn.3643604","DOIUrl":"https://doi.org/10.2139/ssrn.3643604","url":null,"abstract":"Purpose – Sustainability has become a multi-disciplinary concept rather than just an ecological concern and sustainable development will become a reality without a sustainable development of corporations. The business organizations must involve themselves in sustainable initiatives contributing to minimizing their environmental impact, contribute to the improvements of society, and in a process ensure the sustainability of the business itself. The purpose of this study is to investigate the current status of academic research in the topic area and find out an approach to address the sustainability agenda in the core of the business model. Design/methodology/approach – This study was done following a structured literature review method and relevant journals have been identified by string search in major databases – Scopus and Web of Science. After the systematic research, abstracts of the most cited articles have been read thoroughly and key ideas of the articles were identified. A detailed understanding was developed by reading the discussions and analysis parts and most relevant concepts that linked sustainability and business model innovation. Findings: Through this literature review it is found that though sustainability has gained a major attraction from academia in recent years and Originality/value – This study presents the current state of academic research focusing on sustainability in the area of the business model and through rigorous literature review proposes a step by step process describing how a business firm should approach to incorporate sustainability in the core of its business model.","PeriodicalId":387203,"journal":{"name":"SRPN: Sustainable Business (Topic)","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-03-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122221327","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Sustainability in Supplier Selection and Order Allocation: Combining Integer Variables with Markowitz Portfolio Theory 供应商选择与订单分配中的可持续性:整数变量与马科维茨投资组合理论的结合

SRPN: Sustainable Business (Topic) Pub Date : 2018-12-04 DOI: 10.2139/ssrn.3296016

Florian Kellner, Sebastian Utz

{"title":"Sustainability in Supplier Selection and Order Allocation: Combining Integer Variables with Markowitz Portfolio Theory","authors":"Florian Kellner, Sebastian Utz","doi":"10.2139/ssrn.3296016","DOIUrl":"https://doi.org/10.2139/ssrn.3296016","url":null,"abstract":"Abstract This research presents a decision support methodology for the multi-criteria supplier selection and order allocation problem. The proposed approach supports purchasing managers in assembling mid-term supplier portfolios while making them aware of the trade-offs between the supplier sustainability, the purchasing costs, and the overall supply risk. First, we propose a multi-objective optimization model with three objectives: to maximize the supplier sustainability, to select the supplier portfolio with the lowest purchasing costs, and to minimize the supply risk. Our model extends existing mathematical approaches that follow the portfolio theory fathered by H. Markowitz by integrating the aspect ‘risk’ into the supplier selection problem. Secondly, since we allow for integer variables in our model—in contrast to the classical Markowitz portfolio theory—we use the e-constraint method to visualize the efficient surface. The possibility of considering the non-dominated set of supplier portfolios is advantageous for purchasing managers as they gain a picture of the different optimal supplier portfolios and are able to analyze the trade-offs between the different purchasing goals before making a decision. Finally, we illustrate the applicability of the proposed methodology in a real-world supplier selection and order allocation case from the automotive industry. In the example case, we identify 1754 optimal supplier portfolios that may be assembled based on the eight available suppliers. Our analyses show that each optimal portfolio consists of two suppliers, with one specific supplier being included in each portfolio. Furthermore, four suppliers are not part of any optimal solution.","PeriodicalId":387203,"journal":{"name":"SRPN: Sustainable Business (Topic)","volume":"40 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127410741","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 57

Critical Evaluation of Business Process Models in Local Banks in the UAE 对阿联酋当地银行业务流程模型的批判性评价

SRPN: Sustainable Business (Topic) Pub Date : 2018-09-29 DOI: 10.2139/ssrn.3257230

R. Paralkar, A. Srivastava

{"title":"Critical Evaluation of Business Process Models in Local Banks in the UAE","authors":"R. Paralkar, A. Srivastava","doi":"10.2139/ssrn.3257230","DOIUrl":"https://doi.org/10.2139/ssrn.3257230","url":null,"abstract":"In today’s world of globalization, no country can remain isolated from the impact of changes blowing across the world, be it economic, political or technological. The financial meltdown of 2008 in the United States of America had its repercussion throughout the global markets, especially the banking sector. The UAE is an open economy and was affected too, with banking being the hardest hit. As retail banking constitutes a major part of the banking sector in UAE, catering to a relatively small population, it has traditionally witnessed a high level of internal rivalry. This has forced the retail banks in UAE to pursue different strategies to gain a sustainable competitive edge over the rivals and maintain/increase profitability to remain in the race. This research study was conducted within the local retail banks in UAE to critically evaluate the business processes deployed/managed by them. Established research methodologies were used during the research. Primary data were gathered using a self-administered survey questionnaire, whereas secondary data were sourced from various public domains. The empirical research indicated that there are no specific business process models deployed in local retail banks within the UAE. Although the processes of the banks are linked to its strategy, its internal stakeholders are not happy with them neither they feel the need for a structured approach towards designing good processes. This indicates that there is disengagement between the strategy formulation and strategy implementation; mainly in the areas of processes and people which needs to be addressed by the banks.","PeriodicalId":387203,"journal":{"name":"SRPN: Sustainable Business (Topic)","volume":"49 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-09-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132443046","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The Impact of a Trend Pattern for Sustainable Marketing Budgets on Turnover Dynamics (A Case Study) 可持续营销预算趋势模式对营业额动态的影响(一个案例研究)

SRPN: Sustainable Business (Topic) Pub Date : 2017-09-30 DOI: 10.5709/CE.1897-9254.243

A. Căpățînă, Adrian Micu, Nicoleta Cristache, Angela-Eliza Micu

{"title":"The Impact of a Trend Pattern for Sustainable Marketing Budgets on Turnover Dynamics (A Case Study)","authors":"A. Căpățînă, Adrian Micu, Nicoleta Cristache, Angela-Eliza Micu","doi":"10.5709/CE.1897-9254.243","DOIUrl":"https://doi.org/10.5709/CE.1897-9254.243","url":null,"abstract":"In business practice, sustainable marketing seeks to meet environmental and social sustainability needs. Sustainable marketing budgets should create a balance between market needs and the need to use existing resources as rationally as possible. By recognizing that certain internal and external factors may cause fluctuations in sustainable marketing budgets and have a direct impact on the expected turnover, managers could capture opportunities to channel these budgets into business areas with higher return on investment (ROI). This study highlights the trends of sustainable marketing budgets in the case of one company and assesses their impact on its business turnover. Based on the assumed objective, this study provides explanations regarding the efficiency of sustainable marketing budgets in terms of benefits and, more precisely, on turnover dynamics. From the methodological perspective, the use of the coefficient of variation method allows the assessment of the longitudinal data homogeneity, reflecting the dynamics of the indicators, sustainable marketing budgets and turnovers. The results reveal that monthly sustainable marketing budgets have a significant impact on monthly turnover dynamics, considering the quadratic trend in the case of monthly sustainable marketing budgets and the exponential trend of monthly turnovers. From a managerial perspective, the implications of this study reveal that the more you invest in sustainable marketing, the more revenue your company could earn.","PeriodicalId":387203,"journal":{"name":"SRPN: Sustainable Business (Topic)","volume":"41 9","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131892818","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 4

The Impact of Corporate Social Responsibility on Default Risk: Empirical Evidence from US Firms 企业社会责任对违约风险的影响:来自美国企业的经验证据

SRPN: Sustainable Business (Topic) Pub Date : 2017-09-30 DOI: 10.2139/ssrn.3074531

M. Rizwan, A. Obaid, Dawood Ashraf

引用次数: 6

A Bowl of Good: Defining the Partnership 一碗好:定义伙伴关系

SRPN: Sustainable Business (Topic) Pub Date : 2017-05-30 DOI: 10.2139/ssrn.2974275

G. Fairchild, Brad Rourke

{"title":"A Bowl of Good: Defining the Partnership","authors":"G. Fairchild, Brad Rourke","doi":"10.2139/ssrn.2974275","DOIUrl":"https://doi.org/10.2139/ssrn.2974275","url":null,"abstract":"Katrina Didot's local organic food business, A Bowl of Good, was on the upswing now, and there was a chance to expand operations. In order to do that, Didot knew she needed a partner to shoulder some of the work. Didot had the recipes and knowledge—and she had drive. She needed someone who could make the trains run on time and ensure things flowed smoothly when it came to operations. \u0000Excerpt \u0000UVA-ENT-0183 \u0000Rev. Mar. 29, 2012 \u0000A Bowl Of Good: Defining The Partnership \u0000Katrina Didot was on her way to what she felt sure was going to be a defining meeting. She was going to see if it would be possible to hammer out the terms of a business partnership between her and a friend, Rachael Dorsey. It was early 2009 in Staunton, Virginia. As she passed the fork where West Beverly Street met Montgomery Avenue, she reflected on how far she had come to get to this point. \u0000In just a few years, she had gone from being a clinical social worker who liked to cook for her family to a restaurant owner. Deals had gone well, and deals had gone badly. She had run her own kitchen. When her rent was increased, she decided to leave that location and sell her locally famous soups at farmer's markets instead. \u0000Her local organic food business, A Bowl of Good, looked like it was on the upswing now, and there was a chance to expand operations. In order to do that, Didot knew she needed a partner to shoulder some of the work. Didot had the recipes and knowledge—and she had drive. She needed someone who could make the trains run on time and ensure things flowed smoothly when it came to operations. She had a hunch that Dorsey would be great in that role, but she had been burned before and knew she needed to proceed carefully. Didot had in the past entered into agreements that went sour, and she had been taken advantage of by some people she'd trusted. If she moved forward with a new partnership, she wanted it to work. \u0000. . .","PeriodicalId":387203,"journal":{"name":"SRPN: Sustainable Business (Topic)","volume":"2012 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-05-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128886530","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Is There an Economics of Social Business 社会企业有经济学吗

SRPN: Sustainable Business (Topic) Pub Date : 2017-05-19 DOI: 10.4324/9781003241775-6

W. Mahmud

引用次数: 1

Surplus Food Recovery and Donation in Italy: The Upstream Process 意大利剩余粮食回收和捐赠:上游过程

SRPN: Sustainable Business (Topic) Pub Date : 2014-04-07 DOI: 10.1108/BFJ-02-2014-0076

P. Garrone, M. Melacini, A. Perego

{"title":"Surplus Food Recovery and Donation in Italy: The Upstream Process","authors":"P. Garrone, M. Melacini, A. Perego","doi":"10.1108/BFJ-02-2014-0076","DOIUrl":"https://doi.org/10.1108/BFJ-02-2014-0076","url":null,"abstract":"Purpose of this paperThis paper offers quantitative evidence on how surplus food, i.e. safe food that is not sold to the intended customers, is generated and recovered within Italian manufacturing and retail firms. The ultimate aim is to enlighten the process through which the food supply chain firms come to donate surplus food to food banks.Design/methodology/approachSurplus food and recoverability were defined as the key terms of the problem. 12 exploratory case studies were conducted to segment the manufacturing and retail sectors, to assess recoverability in each segment, and to establish the protocols for descriptive case studies. A multiple case-study approach was used and 83 firms were investigated.FindingsThe primary source of surplus food is shown to result from products reaching the internal sell-by date, i.e. the date by which manufacturers and warehouses must supply perishable products. Donation to food banks is found to be a relevant management practice in the ambient and chilled manufacturing segments and at retail distribution centres, while frozen food companies and retail stores are found to rely nearly exclusively on waste disposal.Research limitations/implications The degree to which our findings are specific to Italy is an issue to investigate. Future research should target surplus food management in farming and food services, and assess the cost effectiveness of alternative management channels. Practical and social implicationsThe paper highlights the changes required to increase the amount of food recovered by food banks. It also summarizes the steps for establishing a structured procedure for managing surplus food within firms.What is original/value of paper The paper offers quantitative evidence on a relatively untapped yet socially relevant topic, i.e. the upstream process of food recovery and donation.","PeriodicalId":387203,"journal":{"name":"SRPN: Sustainable Business (Topic)","volume":"43 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-04-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121712207","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 87