1,720,966 research outputs found
Regulation impact assessment: Evaluation process of an integrated social system
No full textThe aim of this paper is to present results of an impact assessment applied to the social system in Apulia. In particular, Regione Puglia’s Regional Law no. 19/2006 is examined. Following a gradual assessment approach a) it is evaluated whether the regulation achieved its general objectives and, b) it is analysed to what extent institutions have supported the process. The empirical evidence shows that good results have been achieved over the period 2009-2011. Nevertheless, a general technical inefficiency of the services provided in the order of 26-29 per cent is highlighted, mainly due to the operational scale
Socially Responsible Investments - Special Issue of the International Journal of Financial Studies
No full textSocially responsible investing (SRI) is any kind of investment strategy which seeks to combine both financial return and social good. Currently, several US$ trillions are socially responsibly invested all over the world. The number of investors that avoid investing in unethical companies constantly increases. SRI has become an established way of investing both for institutional and private investors. The rapid growth of the SRI industry has fostered financial and economic studies, though with nonconclusive and often conflicting results. Moreover, many areas of SRI-related issues deserve further investigation.
This Special Issue aims at bridging this gap by collecting cutting-edge original papers that will improve the actual understanding of the SRI universe in all of its subsets (sustainable investing, impact investing, green finance, ethical investing, positive investing, community investing, etc.). Both theoretical and empirical papers are welcome. Case studies will be eligible for publication provided that they offer substantial comparisons and policy implications
EffSET: a Self-Evaluation Tool to Assess the Effectiveness of Education for Sustainable Development
Get PDFEducation for Sustainable Development (ESD) plays a prominent part in the process of building the ethical, responsible, and sustainable consciousness of future generations and in addressing the sustainability challenge that society is facing. Nevertheless, very few methodologies have been developed to assess the effectiveness of sustainable and responsible teaching, so far.
EffSET is a qualitative and quantitative instrument which was developed to enable Higher Education Institutions (HEIs) and instructors to classify and analyse their Corporate Social Responsibility (CSR) and Sustainability related courses and teaching concepts according to different criteria. The tool is also intended for benchmarking courses and HEIs in time (i.e. against previous years’ evaluation) and space (i.e. against comparable courses/HEIs) and to become an instrument to foster debate on ESD within and outside the institution.
The idea behind EffSET is that a holistic perspective that involves, in an inclusive approach, values, strategy, operations, activities, stakeholders, structures, etc. of the HEIs and considers inputs and knowledge from different field of studies must sustain CSR/sustainability curricula/course if an effective impact on students’ long-term ethical, sustainable, and responsible behaviour is the envisaged learning outcome. This paper introduces EffSET and discusses its methodology. Preliminary results from very first applications are, also, showed.Education for Sustainable Development (ESD) plays a prominent part in the process of building the ethical, responsible, and sustainable consciousness of future generations and in addressing the sustainability challenge that society is facing. Nevertheless, very few methodologies have been developed to assess the effectiveness of sustainable and responsible teaching, so far. EffSET is a qualitative and quantitative instrument which was developed to enable Higher Education Institutions (HEIs) and instructors to classify and analyse their Corporate Social Responsibility (CSR) and Sustainability related courses and teaching concepts according to different criteria. The tool is also intended for benchmarking courses and HEIs in time (i.e. against previous years' evaluation) and space (i.e. against comparable courses/HEIs) and to become an instrument to foster debate on ESD within and outside the institution. The idea behind EffSET is that a holistic perspective that involves, in an inclusive approach, values, strategy, operations, activities, stakeholders, structures, etc. of the HEIs and considers inputs and knowledge from different field of studies must sustain CSR/sustainability curricula/course if an effective impact on students' long-term ethical, sustainable, and responsible behaviour is the envisaged learning outcome. This paper introduces EffSET and discusses its methodology. Preliminary results from very first applications are, also, showed
Is it worth reducing GHG emissions? Exploring the effect on the cost of debt financing
No full textNotwithstanding the proliferation of papers dealing with the corporate finance implications of the so-called “carbon risk”, very few studies analysed in depth the relationship between the firm's environmental risk profile and the cost of debt financing. We contribute to this stream of research by inspecting the relationship between EuroStoxx 600 companies' carbon emissions and cost of debt financing. We argue that lenders mitigate the impact of borrowers' GHG emissions on their future cash flows primarily requiring firms with higher carbon emissions intensity to pay significantly higher costs for financing their operations through indebtedness. We also found statistically significant evidence to support the conclusion that the positive effect of carbon emissions reduction on the cost of debt financing is relevant both for high and low emitting industries. Finally, we postulated that high emitting firms pay, on average, a higher cost of debt financing than less polluting firms but are less penalized if an increase in their carbon intensity occurs. To the best of our knowledge, this is the very first study to directly document the impact of carbon emissions on the cost of debt financing for non-financial European industries, substantially enriching the existing environmental financial literature
Going Beyond Counting First Authors in Author Co-citation Analysis
Get PDFThe present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation
counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings
are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that
only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into
account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed
Variations on the Author
Get PDF“Variations on the Author” discusses two of Eduardo Coutinho’s recent films (Um Dia na Vida, from 2010, and Últimas Conversas, posthumously released in 2015) and their contribution to the general question of documentary authorship. The director’s filmography is characterized by a consistent yet self-effacing form of authorial self-inscription: Coutinho often features as an interviewer that rather than express opinions propels discourses; an interviewer that is good at listening. This mode of self-inscription characterizes him as an author who is not expressive but who is nonetheless markedly present on the screen. In Um Dia na Vida, however, Coutinho is completely absent form the image, while Últimas Conversas, on the contrary, includes a confessional prologue that moves the director from the margins to the center of his films. This article examines the ways in which these works stand out in the filmography of a director who offers new insights into the notion of cinematic authorship
Appropriate Similarity Measures for Author Cocitation Analysis
Get PDFWe provide a number of new insights into the methodological discussion about author cocitation analysis. We first argue that the use of the Pearson correlation for measuring the similarity between authors’ cocitation profiles is not very satisfactory. We then discuss what kind of similarity measures may be used as an alternative to the Pearson correlation. We consider three similarity measures in particular. One is the well-known cosine. The other two similarity measures have not been used before in the bibliometric literature. Finally, we show by means of an example that our findings have a high practical relevance.information science;Pearson correlation;cosine;similarity measure;author cocitation analysis
Dispelling the Myths Behind First-author Citation Counts
Get PDFWe conducted a full-scale evaluative citation analysis study of scholars in the XML research field to explore just how different from each other author rankings resulting from different citation counting methods actually are, and to demonstrate the capability of emerging data and tools on the Web in supporting more realistic citation counting methods. Our results contest some common arguments for the continued
use of first-author citation counts in the evaluation of scholars, such as high correlations between author rankings by first-author citation counts and other citation
counting methods, and high costs of using more realistic citation counting methods that are not well-supported by the ISI databases. It is argued that increasingly available digital full text research papers make it possible for citation analysis studies to go beyond what the ISI databases have directly supported and to employ more
sophisticated methods
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