As corporate social responsibility involves a voluntary business endeavour to address social and environmental issues beyond
legal compliance, governments cannot fall back on hierarchical command-and-control policies to support it. As such, it is
complementary with the increasing popularity of public policies known as New Governance policies, where the government is
engaged in a horizontal inter-organizational network of societal actors and where public policy is both formed and executed
by the interacting and voluntary efforts from a multitude of stakeholders. However, such policies are known to generate substantive
uncertainty about the content of CSR and its related issues, strategic uncertainty regarding the behavior of the actors involved
and institutional uncertainty related to the interaction process involved in the institutional change. We explore New Governance
policy instruments to address these uncertainties in the context CSR and discuss the experiences with these methods in the
European Union.
Jan Lepoutre is a Ph.D. candidate in Applied Economics at Ghent University, Belgium. In his dissertation, he focuses on the
competences associated with small business social responsibility and networks as governmental means to build competences among
small businesses.
Nikolay A. Dentchev is an independent research fellow at Ghent University, Belgium, and a project coordinator at the corporate
venturing department of Fortis Group (Fortis Venturing). He holds a Ph.D. in business economics from Ghent University. His
current research is related to entrepreneurship, instrumental stakeholder theory, and management challenges of corporate social
responsibility.
Aimé Heene is a professor at the Faculty of Economics and Business Administration at Ghent University, Belgium. He teaches
strategic management for private and public organizations and currently focuses his research on (competencebased) management
in public and social profit organizations. 相似文献
The authors explore situations where consumers supplement their judgments with a measurement of uncertainty about their own
preferences, either implicitly or explicitly, and develop two sets of hierarchical Bayesian conjoint models incorporating
such measurements. The first set of models uses the relative location of a rating to determine the importance or weight given
to the rating, in a regression setting. The second set uses interval judgment as a dependent variable in a regression setting.
After specifying the models, the authors perform a theoretical comparison with a basic Bayesian regression model. They show
that, under different conditions, the proposed models will yield more precise individual-level partworth estimates. Two simulated
data examples and data from a conjoint study are used to illustrate the gains that could be obtained from modeling uncertainty.
In the empirical application, the authors show that model fit improves when ratings for items that respondents do not like are given more weight compared to ratings for items that they do like.
Electronic Supplementary Material The online version of this article (doi:) contains supplementary material, which is available to authorized users.
Using data from a survey of 1,097 small and medium-sized non-listed Dutch firms we investigate the relation between growth of the firm and uncertainty. We focus on the impact of sales uncertainty on various types of investment. We find that sales uncertainty, measured by the conditional variance, has a mixed impact on various investment decisions. We include an analysis of the relevance of financial structure and firm size on the growth-uncertainty relation. 相似文献
We propose a structural model to investigate the impact of forgetting on consumers' brand choice decisions in frequently purchased
products. Forgetting results in consumers imperfectly recalling their prior brand evaluations when making a purchase decision
in the category. We conceptualize the imperfect recall by positing that consumers recall their prior evaluations with noise.
Based on prior research in the behavioral area, we characterize the extent of forgetting as an increasing and concave function
of time. Our framework generates analytical results on the impact of forgetting on consumers' brand evaluations and their
consequent purchase behavior. We calibrate our model using scanner panel data for liquid detergents. Furthermore, we obtain
insights into the consumers' extent of forgetting in the category, extent of learning, predicted price elasticities and implications
on state dependence and habit persistence. Our results underscore the importance of modeling consumers' ability to recall
only imperfectly. 相似文献
Economic evaluations are increasingly utilized to inform decisions in healthcare; however, decisions remain uncertain when they are not based on adequate evidence. Value of information (VOI) analysis has been proposed as a systematic approach to measure decision uncertainty and assess whether there is sufficient evidence to support new technologies.
Scope:
The objective of this paper is to review the principles and applications of VOI analysis in healthcare. Relevant databases were systematically searched to identify VOI articles. The findings from the selected articles were summarized and narratively presented.
Findings:
Various VOI methods have been developed and applied to inform decision-making, optimally designing research studies and setting research priorities. However, the application of this approach in healthcare remains limited due to technical and policy challenges.
Conclusion:
There is a need to create more awareness about VOI analysis, simplify its current methods, and align them with the needs of decision-making organizations. 相似文献
On the basis of new structural economics theory and heterogeneity of firm viability, this study analyzes the effect of trade policy uncertainty on firm export behavior using panel data of Chinese listed companies in the industrial sector. Empirical results show that the high uncertainty of trade policy significantly inhibits the extensive and intensive margins of firm export, while heterogeneity effect occurs across firms with different levels of viability. The development strategy that violates comparative advantage strengthens the negative impact of trade policy uncertainty on firm export. Despite their correlation with viability, the type of ownership, total factor productivity, and long-term loan are not suitable proxies for firm viability. Under high uncertainty of trade policy, export market diversification can alleviate the restraining effect of development strategy on firm export, whereas firms in regions with high industrial-oriented development tend to be vulnerable to cost shocks, thus reducing export market diversification. Findings present important implications for emerging market countries to enact better international trade and economic policies. 相似文献
Financial accounting standards increasingly require fair value measurements. I experimentally examine how uncertainty affects auditors’ adjustment decisions when evaluating fair values. I manipulate two types of uncertainty, input subjectivity and outcome imprecision, and one reporting choice, supplemental disclosure. I find that auditors are most likely to require adjustments when fair values contain both more input subjectivity and more outcome imprecision, but that this likelihood diminishes when clients supplement recognized fair values with additional disclosure. Thus, consistent with moral licensing, I find that auditors tolerate greater potential misstatement in the financial statements when clients provide disclosure, suggesting that the SEC's preference for supplemental disclosure may have the unintended consequence of affecting fair values recognized in the body of the financial statements. I also provide evidence that auditors determine adjustment size by comparing recorded fair value to the nearest bound, rather than the midpoint, of the auditors’ own range estimate, consistent with strict application of auditing standards. 相似文献