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排序方式: 共有104条查询结果,搜索用时 281 毫秒
1.
Encouraging firms to develop voluntarily more comprehensive environmental management systems (EMSs) is touted as a policy
tool to augment mandatory environmental regulations. Using a unique dataset of environmental management practices of Japanese
manufacturers and controlling for self-selection bias in survey responses, we find that proxies for regulatory pressures and
consumer pressures are the most important factors that motivate firms toward more comprehensive EMSs. Despite the oft-claimed
“voluntary” nature of EMS development, our results show that the government may have a role to play in both directly and indirectly
affecting EMS development by firms.
相似文献
2.
We discuss the impact of volatility estimates from high frequency data on derivative pricing. The principal purpose is to estimate the diffusion coefficient of an Itô process using a nonparametric Nadaraya–Watson kernel approach based on selective estimators of spot volatility proposed in the econometric literature, which are based on high frequency data. The accuracy of different spot volatility estimates is measured in terms of how accurately they can reproduce market option prices. To this aim, we fit a diffusion model to S&P 500 data, and successively, we use the calibrated model to price European call options written on the S&P 500 index. The estimation results are compared to well-known parametric alternatives available in the literature. Empirical results not only show that using intra-day data rather than daily provides better volatility estimates and hence smaller pricing errors, but also highlight that the choice of the spot volatility estimator has effective impact on pricing. 相似文献
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This paper examines the impact of sports participation upon the subjective well‐being of individuals. Encouraging participation in sports activity is now an important public policy issue, as it is argued that there are benefits in terms of health and well‐being to individuals as well as to society through externalities. Controlling for personal and socio‐demographic characteristics affecting well‐being, this paper examines if participation in, and the frequency and duration of, 67 sports activities affects well‐being. The form in which sports participation takes place is also investigated by examining if social‐interaction sports produce more well‐being. This paper demonstrates that sports participation has a positive affect upon the subjective well‐being of the population and, moreover, estimates its monetary value. The effects are larger if one allows for social interactions. 相似文献
5.
Targeting Conservation Investments in Heterogeneous Landscapes: A Distance-Function Approach and Application to Watershed Management 总被引:4,自引:0,他引:4
Paul J. Ferraro 《American journal of agricultural economics》2004,86(4):905-918
To achieve an environmental objective at least cost, decision makers must integrate information about spatially variable biophysical and economic conditions. Although the biophysical attributes that contribute to an environmental outcome are often known, the way in which these attributes interact to produce the outcome is often unknown. We introduce a nonparametric conservation targeting approach that relies on distance functions to cost-efficiently allocate conservation funds. We apply the approach empirically to the case of conservation contracting for water-quality objectives. The contract portfolios derived from the application have many desirable properties, including intuitive appeal and robust performance across plausible parametric scoring measures. 相似文献
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Yelena Tsarenko Carla Ferraro Sean Sands Colin McLeod 《Journal of Retailing and Consumer Services》2013,20(3):302-310
Environmentally conscious consumption is one of the key concerns in modern society generally, and increasingly among the consumer population. However, consumers often overstate their willingness to purchase environmentally conscious products, with global purchasing of these products relatively low. Much research has considered the role of drivers internal to an individual in making such consumption choices; however there is less knowledge as to how external influences may impact environmentally conscious consumption behaviour. As retailers increasingly strive to adopt and communicate their environmentally sustainable business practices, and encourage parallel consumer behavior, the question arises: what role do retailers play in influencing consumers’ environmentally conscious consumption? In this paper we investigate this notion, specifically how external influences (the retailer and peers) impact environmentally conscious behavior. We investigate this behavior in terms of two outcomes; sustainable consumption (direct costs) and willingness to accept environmental taxes (indirect costs). Our research demonstrates that retailers can influence consumers to be more environmentally conscious in their consumption, with retailer influence a stronger mediator than peers in this relationship. One important implication of this research is that retailers have the opportunity to shape environmentally conscious consumption if they adopt sustainable business practices. 相似文献
8.
Simona Mihai Yiannaki 《Thunderbird国际商业评论》2013,55(5):579-592
For the past 12 years volatile waves of M&As and divestments in the banking sector were generated by numerous, but often similar motives. This article analyses the motives behind bank M&As regarding the acquirer's and the target's reasons and their perceived criteria of success or failure. The study has identified soft “irrational” factors such as bargain deals or excess cash, behind several economic motives such as synergies, survival, market penetration, or following the customer. Overall, the motives proved to be interconnected, allowing traceable further bank consolidation, especially during financial crisis, at the intercountry level. © 2013 Wiley Periodicals, Inc. 相似文献
9.
Pere Riera Giovanni Signorello Mara Thiene Pierre-Alexandre Mahieu Ståle Navrud Pamela Kaval Benedicte Rulleau Robert Mavsar Lívia Madureira Jürgen Meyerhoff Peter Elsasser Sandra Notaro Maria De Salvo Marek Giergiczny Simona Dragoi 《Journal of Forest Economics》2012,18(4):259-270
The European COST Action E45 on European Forest Externalities (EUROFOREX) participants developed a set of good practice guidelines for the non-market valuation of forests, elaborating on stated and revealed preference methodologies, as well as benefit transfer and meta-analytical procedures. This article presents a summary of the guidelines. 相似文献
10.
Intereconomics - By emphasising the internal-external security nexus inherent in democratic security, the US could aspire again to lead through the example of its democracy’s resilience and... 相似文献