Search results for "Incentive"
showing 10 items of 297 documents
Exploring Why Global Health Needs Are Unmet by Public Research Efforts: The Potential Influences of Geography, Industry, and Publication Incentives
2019
Background It has been well established that research is not addressing health needs in a balanced way: much more research is conducted on diseases with more burden in high-income countries than on those with more burden in lower-income countries. In this study, we explore whether these imbalances persist and inquire about the possible influence of three factors: geography, industry, and publication incentives. Methods We use WHO data on the Global Burden of Disease as a proxy measure of health needs and bibliometric information as a proxy for research efforts. Scientific publications on diseases were collected from MEDLINE using MeSH terms to identify relevant publications. We used Web of …
Different ways of measuring performance in the service industries: application in Spanish small and medium-sized hotels
2008
There is no suitable unit of analysis for explaining the profitability and competitiveness of the company, as typically pointed out in the debate between the disciplines of economics and management. After a study of the possible variables, we opted for those of minimum cost output and productivity, using these two measurements to analyse their application to Spanish hotels. The subsequent objective was to attempt to identify general strategies that could be applied to any SME within service industries. In situations where time and resources are not readily available to create action plans for each of the different types of SME, there is a need for incentives that can be applied to the creat…
Were Prestigious Independent Directors Responsible for the Subprime Crisis?
2018
We study the independence ratio, as well as the prestige, reputational incentives, experience, and financial expertise of independent directors for 767 U.S. banks from 2000 to 2015, to concentrate on causes of the subprime crisis: short-termism, poor monitoring, and excessive risk-taking. We find that higher independence ratios decrease the monitoring quality of the board, increase short-term incentives for the CEO, and promote greater subprime risk-taking. Our results thereby suggest that, while official responses to the subprime crisis claim that banks were not independent enough, rising independence ratios following Enron and Sabanes Oxley were a major contributing cause of the subprime …
Selection bias ed incentivi alle imprese nei programmi per lo sviluppo locale: una valutazione ex-post
2015
This paper focuses on the evaluation of an aid scheme included in a larger local development program realized in Italy during the 2000-2006 cycle of EU Structural Funds. It follows a previous analysis (Cusimano, Mazzola, 2014) on the ex-post evaluation of the effects of the aid schemes included in the so-called territorial integrated projects (tips) and aims at identifying the possible presence of selection bias in measuring the effectiveness of the policy. After running an empirical analysis based on several propensity score matching (psm) methods, we show that, at least partially, the positive results previously obtained may not be related to an effective success of the policy, but could …
Soluciones de las comunidades autónomas de régimen general a algunas deficiencias de la Ley 49/2002 de Régimen fiscal de las entidades no lucrativas …
2021
The current Law 49/2002 on the tax regime of non-profit entities and tax incentives for patronage was born out of the declared will to establish a set of incentives applicable to patronage activity in general and, in particular, to cultural patronage. However, the practical application to date of this commendable principle has been shown to be a mere normative proposition. The Autonomous Communities of the Balearic Islands, the Valencian Community and Castilla-La Mancha have enacted laws on tax incentives for cultural patronage that could resolve, within the scope of their competences, some difficulties encountered with state regulations. With this scenario in mind we analyze the effective …
Instituciones e intereses en conflicto ante la regulación contable internacional: el caso del sector financiero español
2014
ResumenEl trabajo analiza las interrelaciones entre las normas contables y la información financiera que elaboran las empresas y las instituciones y los incentivos empresariales a fin de contribuir al debate sobre el futuro de las Normas Internacionales de Información Financiera (NIIF). Se destaca que las diferencias en las instituciones —y en concreto en el control de la aplicación de las normas— hacen muy difícil la comparabilidad de la información, lo que impide lograr todas las ventajas que podría conllevar la adopción de las NIIF. Se ilustra esta problemática a través del proceso que sigue la normativa contable española para el sector financiero, proceso en el que el Banco de España de…
Institutions and conflicts of interests in the international accounting regulation: The Spanish financial industry case
2014
El trabajo analiza las interrelaciones entre las normas contables y la información financiera que elaboran las empresas y las instituciones y los incentivos empresariales a fin de contribuir al debate sobre el futuro de las Normas Internacionales de Información Financiera (NIIF). Se destaca que las diferencias en las instituciones —y en concreto en el control de la aplicación de las normas— hacen muy difícil la comparabilidad de la información, lo que impide lograr todas las ventajas que podría conllevar la adopción de las NIIF. Se ilustra esta problemática a través del proceso que sigue la normativa contable española para el sector financiero, proceso en el que el Banco de España desempeña…
The Evolution of the Global Paper Industry: Concluding Remarks
2012
This concluding chapter summarizes the findings of the volume, and combines those findings with a comparative life-cycle perspective. We demonstrate how pulp and paper industry companies have emerged and exited in different countries. We highlight technology, raw materials, markets and products as factors explaining changes in industry structure and dominance. We demonstrate that industrial growth and the accumulation of technological knowledge require a certain maturity of political systems, regulation, and organization of research and development. Likewise, similarities between regions that lose their competitive advantage are characterized by saturation of demand, thereby weakening incen…
The Relationship Between the Comprehensiveness of Corporate Annual Reports and Firm Characteristics in Spain
1994
Abstract Not much information exists in the international accounting literature on Spanish accounting. Spain is selected as a subject of study because it is different from those countries that are subjects of the research concerned with investigating the multivariate impact of firm characteristics on disclosure in annual reports and accounts. The conceptual model underlying our empirical tests is based on economic and political incentives for providing greater detail in corporate annual reports and accounts. The paper provides evidence that the amount of detail in Spanish corporate annual reports and accounts is increasing in firm size and stock exchange listing, and decreasing in liquidity.
The Politicisation of Banking
1985
Growing government intervention in the international currency markets has distorted incentives and disguised risks. Rodney Atkinson, formerly an economist with Grindlay's Bank, argues that increasing state interference has led bankers to respond to political, not commercial, signals. Many bankers are now rewarded according to their ability to ‘work the system’ rather than for economic expertise.