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Madalena Eça de Abreu Raul M. S. Laureano Rui Vinhas da Silva Pedro Dionísio 《International Journal of Nonprofit & Voluntary Sector Marketing》2015,20(3):256-276
- The topic of donations is one of high relevance and has been widely covered in contemporary marketing literature. It is a topic of interest to both theoreticians and practitioners alike, particularly due to its implicit links to fundraising activities and research. The reality of what makes an individual donor ultimately part with his money and give it away to a nonprofit organization is a hot contemporary topic. This study looks into the role of religiosity as a predictor of donations practices. Also volunteerism and compassion, two acts of pro‐social behaviour are analysed as predictors of donations practices. Using data collected from a survey of 612 charity donors in Portugal, the results show unequivocally that religiosity does influence donations practices, and so being a predictor of donations practices. Moreover, pro‐social behaviour is a predictor of donations practices when in the case of volunteerism, but not in the form of compassion.
- The findings are particularly useful for nonprofit organizations that want to attract and retain individual charitable donors and may also help to increase donation regularity, to obtain higher amounts, and donations both to religious and to secular organizations. Finally, it can be stated that the understanding of religiosity sheds light on knowledge about donations practices, and that this study also makes an important contribution to academia, as it is the first study conducted in Portugal that assesses the drivers of donations practices.
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Regulatory capital requirements for European banks have been put forward in the Basel II Capital Framework and subsequently in the capital requirements directive (CRD) of the EU. We provide a detailed discussion of the capital requirements for private equity investments under different approaches. For the internal model approach we present a structural model that we calibrate to a proprietary dataset. We modify the standard Merton structural model to make it applicable in practice and to capture stylized facts of private equity investments. We also implement the early default feature with a fast simulation algorithm. Our results support capital requirements lower than in Basel II, but not as low as in CRD, thereby giving adverse incentives to banks for using advanced risk models. A sensitivity analysis shows that this finding is robust to parameter uncertainty and stress scenarios. 相似文献
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Michel Dion 《Journal of Teaching in International Business》2013,24(2):109-135
International business ethics courses imply four basic epistemological and pedagogical challenges: (a) understanding various perceptions of ethics and values/virtues; (b) identifying ethical maxims among religious/spiritual traditions; (c) designing international business ethics courses as dialogical experiences; and (d) deepening our personal contribution to others’ learning process. This article argues that those epistemological and pedagogical challenges could determine the design and the contents of international business ethics courses: facing up to compatible/incompatible ethical theories (philosophical questioning), identifying ethical maxims among religious/spiritual traditions (religious and spiritual questioning), and reading our actions/decisions as quasi-texts (literature-bound questioning). Business ethics teachers could take those challenges upon themselves and design their business ethics courses accordingly. For each of the four challenges, a specific ethical issue is described; advice for teachers as well as ethical questions for debate and personal development are provided. 相似文献
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Mohti Wahbeeah Dionísio Andreia Ferreira Paulo Vieira Isabel 《Journal of Economic Interaction and Coordination》2019,14(3):551-572
This study tests weak form efficiency in frontier markets. Mutual information and detrended fluctuation analyses are performed to assess global correlation and long range dependence in the stock markets of twenty three countries. The results indicate that Slovenia is the only case where there is evidence compatible with weak form efficiency. The relatively less inefficient markets are mainly located in Europe and America, and the relatively more inefficient mainly in the Middle East. This information is useful for investors, but also for the assessed countries’ regulators as they indicate that relevant impediments are preventing the exploitation of potential profitable opportunities.
相似文献6.
Abstract The purpose of this study was to investigate the influence of private-label resources possessed by a supermarket retailer. Our study examines whether or not private-label products can help in the overall enhancement of product category performance. We examine the performance of a supermarket retailer in the Northeast United States that operates over 100 stores and generates a total yearly sales volume in excess of $3 billion. Data of this nature is difficult to obtain for research purposes, and this proved to be very valuable. Data obtained from the internal financial database of the supermarket was used and generated from point-of-sale information. We then developed a research model from the literature review and used structural equation modelling to analyse the data. The findings of this study indicate that a change in category private-label sales penetration and category market share had little impact on category profitability. The major implication for retailers is the necessity for category managers to focus on all brands within their respective categories and not over-emphasise a private-label brand focus. 相似文献
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Kevin Greenidge Roland Craigwell Darrin Downes 《International Advances in Economic Research》2001,7(2):253-258
This study investigates the direction of causality between the money supply and reserve money for some selected Caribbean
countries using recently developed techniques of causality tests. The findings suggest that neither money endogeneity nor
money exogeneity can be generalized to all small, open economies. The causal patterns may differ according to whether the
monetary arrangements of the countries follow either a fixed or flexible exchange rate regime. Moreover, this-study highlights
the fact that a mixed bag of policies must be implemented by respective central banks to maintain macroeconomic stability. 相似文献
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Adopt the euro? The GME approach 总被引:1,自引:0,他引:1
Paulo Ferreira Andreia Dionísio Cesaltina Pires 《Journal of Economic Interaction and Coordination》2010,5(2):231-247
The objective of this paper is to evaluate the degree of financial integration achieved in the European Union based on covered
interest parity and using Generalized Maximum Entropy. EU countries are divided into two groups according to their current
situation with respect to the adoption of the euro. Financial integration before the adoption of the euro is analyzed for
the countries that adopted the euro in 1999. Similarly, current financial integration is evaluated for non-euro EU countries.
Besides the importance of comparing the situation of the non-euro EU countries with the situation of the euro EU countries
previous to the euro adoption, which may be useful to evaluate an eventual decision of the non-euro members to adopt the euro,
it is interesting to analyze the performance of Generalized Maximum Entropy. Generalized Maximum Entropy has the ability to
estimate the parameters of a regression model without imposing any constrains on the probability distribution of errors and
it is robust even when we have ill-posed problems. Overall our results suggest that the degree of financial integration on
non-euro countries is lower than the degree of financial integration that existed among euro adopting countries before the
adoption of the euro. 相似文献
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This study estimates the impact on commercial banks' interest-rate behavior of the more pervasive regulatory measures adopted
by the Central Bank of Barbados. The results indicate that the cash ratio, the stipulated government securities ratio, and
the savings deposit rate floor significantly impacted the loan rate for every bank. Generally, the deposit rate for any given
bank has been responsive to fewer policy variables than the loan rate. The loan rates, though generally responsive to all
policy variables other than the bank rate, have exhibited very low elasticities. The results indicated that the ceiling on
the average lending rate, when it existed, depressed loan rates by less than 1 percent on average. This is largely attributable
to the Central Bank's policy of adjusting the ceiling in line with market trends. 相似文献
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Michel Dion 《The International Entrepreneurship and Management Journal》2014,10(2):385-408
This paper focuses on the ethical frameworks of social enterprises, out of two basic organizational documents which are unveiling the corporate moral discourse (codes of ethics and values statements). Three types of well-known social entreprises have been chosen : (1) charitable clubs and associations ; (2) cooperatives and mutuals ; (3) conventional private sector foundations. The main contribution of the article is to present the basic connections between social enterprises’moral discourses and some philosophical schools of thought. The paper show how the moral discourse of social entreprises is more or less philosophically coherent. Rational coherence could be applied to values (axiological coherence), or to the philosophical grounds of the discourse (philosophical coherence). The ethical framework of social entreprises is conveying business concerns as well as socially-focused and philosophically-rooted concerns. It is both enhancing economic (business-focused) and non-economic (social) aims. The philosophical challenge of social entreprises is to build up sense of collective identity, without having an ambiguous moral discourse. The moral discourse of social entreprises should have an inner coherence : the various documents (such as the code of ethics and the values statement) should enhance the same set of values. Moreover, if social entrepreneurs are unable to provide a basic philosophical orientation to their corporate moral discourse, then they will not contribute to any social change, since their moral discourse will not be trusted by anyone who is carefully reading the main organizational sources of corporate moral discourse. 相似文献