Search results for "HD72-88"
showing 10 items of 58 documents
Executive remuneration determinants: New evidence from meta-analysis
2019
This meta-analysis takes stock of 121 C.E.O. pay studies published between 1998 and 2018 with the objective of identifying the main drivers of C.E.O. pay from a global perspective and contributing to the agency vs managerial debate on this ground. The meta-results disclose a positive C.E.O. pay–performance correlation (the highest correlation coefficient corresponds to Earnings per share with a 34%) as the agency theory prescribes and the governance policies promote. However, firm size still predominates as the main driver of C.E.O. pay (correlation coefficient is around 44%) according to managerial premises. Moreover, our results reconcile both approaches because results of the meta-regres…
Energy Management of a Hybrid Photovoltaic-Wind System with Battery Storage: A Case Report
2019
This work presents a case report related to the management and the monitoring of a hybrid photovoltaic-wind system with battery energy storage, installed at the administrative offices building of the municipality of Valderice (Italy) within the framework of the Italy-Tunisia ENPI cooperation project Le Développement Durable Dans la Production Energétique Dans le Territoire (DE.DU.ENER.T.). The paper describes the hybrid system and briefly reports the monitoring data for a whole year, comparing the real production with the expected one and evaluating some performance indexes of the system. The performance indexes are very simple and have been defined only with the purpose of sh…
Assessment of the Entropy of Spatial and Time Distributions of Rooms Daylighting: A Possible Tool for a Sustainable Design
2015
The indoor visual comfort of subjects faced with indoor ambient lighting varies with the position of the subject and is not constant over time. Average performance indexes, such as the mean value of Daylight Factor and Daylight Autonomy, are commonly used to analyse lighting distribution. These indexes, however, don’t properly take into account either the spatial or the time distribution of values affecting the non-uniformity of environmental lighting. Indeed, these are limited to the definition of a mean value or to the assessment of time availability of daylighting. This paper examines spatial and temporal non-uniformities in indoor lighting as possible causes of discomfort for occupants.…
Distritos industriales y renta económica: el efecto distrito – renta
2019
En el presente trabajo se expone una primera aproximación al efecto distrito desde la variable de la renta económica, lo que se ha denominado efecto distrito – renta. Esta aproximación al fenómeno distritural se realiza desde la perspectiva del desarrollo local neomarshalliano para enfatizar la centralidad del distrito industrial como fuente de interpretaciones propias sobre el cambio económico y sujeto activo del mismo. A nivel empírico se realiza una aproximación a la contrastación de la existencia o no de efecto distrito – renta en los distritos industriales españoles para el año 2013; estos datos son analizados a través de la comparativa de la renta total, per cápita y por ocupado expre…
Work places with stipend programme and its impact on poverty risk decrease: Case of Latvia
2012
The aim of the paper is to analyze theoretical concepts of poverty risk and to estimate the impact of the Workplaces with Stipend Programme (hereinafter WWS) on poverty risk decrease in Latvia. In order to assess the effects of the WWS three different surveys were carried out: of households with WWS participants, of experts in Latvian labour market issues, and of municipality representatives. The results were analyzed, together with analysis of statistical data. The paper concludes that in general the WWS has a very positive impact on WWS participants? household budgets (more than 95% of the WWS participants in all Latvian regions noted a significant impact of the WWS on their household bud…
A new approach to modelling the input-output structure of regional economies using non-survey methods
2021
AbstractThis paper proposes a new approach to the regionalization of national input–output tables where suitable regional data are scarce and analysts are considering using location quotients (LQs). We focus on the FLQ formula, which frequently yields the best results of the pure LQ-based methods, and develop an enhanced way of implementing this approach. We use a modified cross-entropy (MCE) method, along with a regression model, to estimate values of the unknown parameter δ in the FLQ formula, specific to both region and country. An analysis of survey-based data for 16 South Korean regions reveals that the proposed FLQ+ approach yields more accurate estimates of both input coefficients an…
How can the management of fitness centres be improved through corporate image and brand image?
2022
The aim of this research is to test the role of corporate image in predicting credibility, trust, and brand recognition. In addition, it is intended to verify whether these variables can explain the atti- tudes and future intentions of fitness centre users to better understand their behaviour. Through an online survey, the opin- ions of 325 fitness centre users were collected regarding the pre- viously mentioned variables. A structural equation model was made by means of EQS 6.4 to confirm, first, the reliability of the scales used and subsequently test the different relationships between variables. The results show the importance of corporate image as a starting point to explain future int…
Founding-family-controlled firms, intergenerational succession, and firm value
2022
Using a unique, hand-collected data sample and panel-data econometric techniques, we analyse the impact of founding-family control and intergenerational succession on the value of Chilean listed companies. After controlling for firm- and ownership-specific characteristics, we find an inverse U-shaped relationship between a founding family’s degree of ownership and firm value. Hence, family ownership at first increases firm value. However, when family ownership exceeds a threshold of about 38 percent of outstanding shares, the family takes advantage of its power in the firm and extracts wealth from minority shareholders. Further, if the founder of the company is the CEO or chairman of the bo…
The determinants of social sustainability in work integration social enterprises: the effect of entrepreneurship
2021
Work integration social enterprises (WISEs) exist to fight poverty and social exclusion. They offer support and guidance to those at risk of exclusion to help these individuals join the labour market. This study examines the relationship between social enterprises (specifically, work integration social enterprises) and their social impact, considered here in the form of social sustainability. This article presents the results of empirical analysis of 62 Spanish work integration social enterprises using fuzzy-set qualitative comparative analysis. The article focuses on the entrepreneurial characteristics of the companies’ founders and managers as drivers of social value creation. Specificall…
Innovativeness as a determinant of entrepreneurial orientation: analysis of the hotel sector
2019
This paper analyses entrepreneurial orientation as a composite formed of innovation, proactiveness and risk-taking. The empirical data for this study were gathered from a survey sent to hotel managers. The fieldwork was carried out between January and June 2018. The process provided 102 valid questionnaires. Two methods were used: structural equation modelling (PLS-SEM) and fuzzy-set qualitative comparative analysis (fsQCA). This study makes six key contributions and findings. First, the use of these two methods provides robust and reliable results. Second, reliability and validity values for innovativeness, proactiveness and risk-taking are satisfactory. Third, the operationalisation of en…