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Sustainability-linked bonds – their potential to promote issuers’ transition to net-zero emissions and future research directions 与可持续发展挂钩的债券——它们促进发行人向净零排放过渡的潜力和未来的研究方向
IF 4.3 Q1 BUSINESS, FINANCE Pub Date : 2022-02-22 DOI: 10.1080/20430795.2022.2040943
G. Vulturius, Aaron Maltais, Kristina Forsbacka
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引用次数: 6
Sustainability and financial performance of transport and logistics firms: Does board gender diversity matter? 运输和物流公司的可持续性和财务绩效:董事会性别多样性重要吗?
IF 4.3 Q1 BUSINESS, FINANCE Pub Date : 2022-02-22 DOI: 10.1080/20430795.2022.2039998
Mohammad Hassan Shakil, Z. H. Munim, Stephen Zamore, Mashiyat Tasnia
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引用次数: 4
Household financial behaviour: the role of financial inclusion instruments in Nigeria 家庭金融行为:尼日利亚普惠金融工具的作用
IF 4.3 Q1 BUSINESS, FINANCE Pub Date : 2022-02-10 DOI: 10.1080/20430795.2022.2034595
K. Akeju
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引用次数: 4
Development finance institutions and the care economy: opportunities for building more resilient and gender-equitable economies 发展金融机构和护理经济:建设更有弹性和性别平等经济的机会
IF 4.3 Q1 BUSINESS, FINANCE Pub Date : 2022-02-10 DOI: 10.1080/20430795.2022.2030662
Jessica Espinoza Trujano, Annette Levesque
ABSTRACT Development finance institutions (DFIs) play a major role in mobilizing private sector investments in developing countries. While there has recently been an increasing interest among DFIs in gender-lens investing, these efforts have been somewhat blind to the question of women’s unpaid work and have not yet led to a stronger investment focus on the care economy. Adopting what has been defined by other feminist scholars as a transformative approach to care, this article analyses the potential transformative effects of private sector investments in the care economy by DFIs to help build more resilient and gender-equitable economies following the global COVID-19 pandemic. The authors find there is significant potential for DFIs to approach investments with a more strategic gender- and care-lens and contribute to the recognition, reduction, redistribution, reward, and representation of care work, in line with their objective to promote sustainable socioeconomic development in developing countries.
发展金融机构(dfi)在动员发展中国家私营部门投资方面发挥着重要作用。虽然发展金融机构最近对性别视角的投资越来越感兴趣,但这些努力在某种程度上忽视了妇女无偿工作的问题,也没有使投资更加注重护理经济。本文采用其他女权主义学者所定义的变革性护理方法,分析了发展金融机构对护理经济的私营部门投资的潜在变革性影响,以帮助在2019冠状病毒病全球大流行后建立更具抵御力和性别平等的经济。作者发现,发展金融机构有很大的潜力以更具战略性的性别和护理视角进行投资,并有助于承认、减少、再分配、奖励和代表护理工作,这符合其促进发展中国家可持续社会经济发展的目标。
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引用次数: 0
A sustainable banking services analysis and its effect on customer satisfaction 可持续银行服务分析及其对客户满意度的影响
IF 4.3 Q1 BUSINESS, FINANCE Pub Date : 2022-02-10 DOI: 10.1080/20430795.2022.2030665
N. Puri, Vikas Garg
ABSTRACT The banking system has evolved with time. Earlier, the banks maintained the storage and counting of coins, but the storage was not safe. Then started the concept of lending with interest. The banking system has completely revolutionised the system, and made it easier to transact online. In this study, the main aim is to understand the banking services and how it impacts the level of satisfaction. To conduct the study, a questionnaire was circulated, containing two sections. The first section contains a set of 16 questions containing demographic- and services-related question. Section 2 contains 24 questions, showing a Likert scale to measure the level of satisfaction of the customers. One hundred ten customers of State Bank of India, SBI Branch Gurgaon and Haryana responded to the questionnaire. Different tools such as factor analysis and reliability tests were conducted to find out the relationship between customer behaviour and banking services.
摘要银行体系是随着时间的推移而演变的。早些时候,银行维持了硬币的储存和计数,但储存并不安全。然后开始了有息贷款的概念。银行系统彻底改变了这个系统,使网上交易变得更加容易。在这项研究中,主要目的是了解银行服务及其如何影响满意度。为了进行这项研究,分发了一份调查表,其中包括两个部分。第一部分包含一组16个问题,其中包含与人口统计和服务相关的问题。第2节包含24个问题,展示了衡量客户满意度的Likert量表。印度国家银行、SBI古尔冈分行和哈里亚纳邦的110名客户对问卷进行了回复。通过因子分析和可靠性测试等不同工具,找出客户行为与银行服务之间的关系。
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引用次数: 0
Financial resource and green business strategy: the mediating role of competitive business strategy 财务资源与绿色企业战略:竞争性企业战略的中介作用
IF 4.3 Q1 BUSINESS, FINANCE Pub Date : 2022-02-06 DOI: 10.1080/20430795.2022.2031850
Rizwan Ullah, H. Ahmad, Sohail Rizwan, M. S. Khattak
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引用次数: 11
Divestment and greenhouse gas emissions: an event-study analysis of university fossil fuel divestment announcements 撤资与温室气体排放:大学化石燃料撤资公告的事件研究分析
IF 4.3 Q1 BUSINESS, FINANCE Pub Date : 2022-02-06 DOI: 10.1080/20430795.2022.2030664
Alida Monaco
ABSTRACT An event-study analysis of U.S. university fossil fuel divestment announcements on public fossil fuel companies’ abnormal returns (AR) is used to estimate divestment’s impact on fossil fuel companies’ greenhouse gas (GHG) emissions. These ARs could affect the companies’ capital development, and subsequent GHG emissions. The event-study is paired with a probit regression analysis of annual fossil fuel companies’ Securities and Exchange Commission (SEC) filings, to ascertain whether divestment is viewed as a material risk to capital expansion. This analysis finds a statistically significant negative average AR for divestment announcements on event day negative one and a statistically insignificant three-day cumulative average AR. Furthermore, this study finds that a 1% decrease in the average or cumulative average AR is associated with a statistically significant increase in the probability that firms disclose divestment. Therefore, while the overall change in GHG emissions is still ambiguous, there may be evidence for divestment’s efficacy.
摘要美国大学化石燃料撤资公告对上市化石燃料公司异常回报(AR)的事件研究分析用于估计撤资对化石燃料公司温室气体(GHG)排放的影响。这些AR可能会影响公司的资本发展,以及随后的GHG排放。该事件研究与对化石燃料公司向美国证券交易委员会(SEC)提交的年度文件的概率回归分析相结合,以确定撤资是否被视为资本扩张的重大风险。该分析发现,事件日撤资公告的平均AR为负,三天累计平均AR为不显著。此外,该研究发现,平均或累计平均AR下降1%与公司披露撤资的概率显著增加有关。因此,尽管温室气体排放的总体变化仍不明确,但可能有证据表明撤资的有效性。
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引用次数: 1
Fuzzy confrontations of models of ESG investing versus non-ESG investing based on artificial intelligence algorithms 基于人工智能算法的ESG投资与非ESG投资模型的模糊对抗
IF 4.3 Q1 BUSINESS, FINANCE Pub Date : 2022-01-31 DOI: 10.1080/20430795.2022.2030666
Stanislav Škapa, Nina Bočková, Karel Doubravský, M. Dohnal
ABSTRACT ESG (Environmental, social, and corporate governance) parameters are involved in investing-related decision-making. DESG (Dominantly ESG) related investing represents a complex tasks studied under severe information shortages. NESG (Non-dominantly ESG) investing either ignores ESG parameters completely or it takes it as less important. ESG investing is partially DESG and partially NESG. A very simple fuzzy reasoning algorithm is used to find out the similarity between DESG and NESG in this paper. A similarity graphs is generated. An edge represents a fuzzy similarity between two nodes / conditional statements. Each statement specifies fuzzy conditions under which some DESG/NESG tools are mutually similar or totally dissimilar. Examples of investing tools are Developed Markets, Emerging Markets Small Caps, Sustainability Index and Environmental Social Governance Index. The following five parameters of investing tools are Risk, Cost, Return, Drop, and Correlation. Low pairwise fuzzy similarities between DESG and NESG are detected.
摘要ESG(环境、社会和公司治理)参数涉及投资相关决策。DESG(主导ESG)相关投资是在严重信息短缺的情况下研究的一项复杂任务。NESG(非主导ESG)投资要么完全忽略ESG参数,要么认为它不那么重要。ESG投资部分是DESG,部分是NESG。本文使用一种非常简单的模糊推理算法来找出DESG和NESG之间的相似性。生成相似性图。边表示两个节点/条件语句之间的模糊相似性。每个语句都指定了一些DESG/NESG工具相互相似或完全不同的模糊条件。投资工具的例子有发达市场、新兴市场小盘股、可持续发展指数和环境社会治理指数。投资工具的以下五个参数是风险、成本、回报、下跌和相关性。检测到DESG和NESG之间的低成对模糊相似性。
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引用次数: 3
The role of blockchain technology in the integration of sustainability practices across multi-tier supply networks: implications and potential complexities 区块链技术在多层供应网络可持续性实践整合中的作用:含义和潜在复杂性
IF 4.3 Q1 BUSINESS, FINANCE Pub Date : 2022-01-31 DOI: 10.1080/20430795.2022.2030663
Mohammad K. Najjar, I. Alsurakji, Amjad El-Qanni, A. Nour
ABSTRACT Global supply networks encompass many inter-connected suppliers. Many of these suppliers are unpredictable and beyond the direct realm of the company, making the management of sustainability a difficult task. This research attempts to put forth a profound exploration of the integration of sustainability across complex multi-tier supply networks through the utilization of blockchain technology. The research includes a selected literature review compromising well-cited research that focuses on multi-tier supply networks and blockchain technology. The findings suggest that blockchain can enhance suppliers’ visibility. Managers will have increased transparency and traceability of their global supply networks, which will eventually reduce information asymmetry and limit opportunistic behaviors. Furthermore, the connectivity and rapid/immutable sustainable information sharing features associated with blockchain increase suppliers’ predictability and create robust sustainable supply networks. Despite the potential benefits enabled by the technology, the research highlights some vital complexities that may obstruct the adoption of the technology across multi-tier supply networks.
摘要全球供应网络包含许多相互关联的供应商。这些供应商中的许多都是不可预测的,超出了公司的直接领域,这使得可持续性的管理成为一项艰巨的任务。本研究试图通过利用区块链技术,对复杂多层供应网络的可持续性整合进行深入探索。该研究包括一篇精选的文献综述,其中包括被广泛引用的研究,重点是多层供应网络和区块链技术。研究结果表明,区块链可以提高供应商的知名度。管理者将提高其全球供应网络的透明度和可追溯性,这将最终减少信息不对称,限制机会主义行为。此外,与区块链相关的连接和快速/不可变的可持续信息共享功能提高了供应商的可预测性,并创建了强大的可持续供应网络。尽管该技术带来了潜在的好处,但该研究强调了一些至关重要的复杂性,这些复杂性可能会阻碍该技术在多层供应网络中的应用。
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引用次数: 15
Board gender diversity and firm performance: evidence from Latin America 董事会性别多样性与公司绩效:来自拉丁美洲的证据
IF 4.3 Q1 BUSINESS, FINANCE Pub Date : 2022-01-04 DOI: 10.1080/20430795.2021.2017256
Valentina Marquez-Cardenas, J. D. González-Ruiz, Eduardo Duque‐Grisales
ABSTRACT This study aims at analysing the relationship between board gender diversity (BGD) and financial performance for firms with headquarters based in Latin America (LatAm). Using panel data from 243 listed firms during the period 2012–2018, we find that BGD in LatAm does not lead to any change in firm performance, mainly because the underrepresentation of women on boards in the region compared to their male counterparts. As a result, the ability to improve the firms’ reputation and the relationships with stakeholders as well as the capability to better monitor performance and bring new ideas by female board members are then unavailable to enhance the firms’ performance. The paper also analyses the moderating effect of board independence on the relationship between BGD and firm performance. These study’s findings may be used for providing a roadmap that researchers and investorss can use to improve their understanding of BGD.
本研究旨在分析总部位于拉丁美洲的公司董事会性别多样性(BGD)与财务绩效之间的关系。利用2012-2018年期间243家上市公司的面板数据,我们发现拉丁美洲的性别性别差异并未导致公司绩效发生任何变化,主要原因是该地区董事会中女性的比例低于男性。因此,女性董事会成员改善公司声誉和与利益相关者关系的能力,以及更好地监控绩效和带来新想法的能力,都无法提高公司的绩效。本文还分析了董事会独立性对BGD与公司绩效关系的调节作用。这些研究结果可以为研究人员和投资者提供一个路线图,以提高他们对BGD的理解。
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引用次数: 22
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Journal of Sustainable Finance & Investment
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