Search results for "Institution"

Reflections on civil culpability and accountability in the destabilization of financial institutions

2010

PurposeThe purpose of this paper is to try and trace a new itinerary in the matter of the destabilization of financial institutions, i.e. the identification of a catalogue of measures that private law can offer in order to make sure that all unlawful initiatives resulting in the loss of credibility of financial markets and prejudice to the public at large do not escape the imposition of all possible liabilities.Design/methodology/approachThe matter here applied consists of the recourse to a number of experiences deriving from European legal systems that have tackled the phenomenon of unlawful attacks on the integrity of the financial markets through individual or organized acts. This compar…

The World Bank's Early Reflections On Development: A Development Institution Or A Bank?

2008

Until the late 1960s, the World Bank presented itself as an institution devoted to making sound and directly productive project loans. Yet, during its early years, discussions took place within the Bank regarding the possibility of issuing different types of loans, namely (i) loans aimed at tackling social issues (‘social loans’), and (ii) loans aimed at providing foreign currency to address disequilibria in the balance of payments (‘impact loans’). This paper brings together historical analysis and theories of organization development to study the housing issue as a case in point. The analysis reveals that the Bank was unwilling to lend for housing programmes not because these were not sou…

The distributional effects of capital account liberalization

2018

Abstract Episodes of account liberalization increase the Gini measure of inequality, based on panel data estimates for 149 countries from 1970 to 2010. These episodes are also associated with a persistent increase in the share of income going to the top. We investigate three channels through which these impacts could occur. First, the impact of liberalization on inequality is stronger where credit markets lack depth and financial inclusion is low; positive impacts of liberalization on poverty rates also vanish when financial inclusion is low. Second, the impact on inequality is also stronger when liberalization is followed by a financial crisis. Third, liberalization seems to alter the rela…

COMPLIANCE AND THE RECOVERY OF FINANCIAL SERVICES OF THE EUROPEAN UNION: NEW CHALLENGES FOR LATVIA’S BANKING SECTOR

2012

Determinants of international banking failures have been widely discussed and summarized. A combination of global and systemic complexity of products that fails down on correct managing of the banking risk systems; consumers who are eager for credits and regulators who are unable to spot the potential global inter-relationships – consequently have led to the failures. As a response to the financial crisis the European Commission has been working actively to complete a comprehensive financial reform to address poor risk management, lack of responsibility and to correct the underlying weaknesses in the supervisory and regulatory framework. The regulatory development is substantially increasin…

The Role of Firms and Institutional Actors in Developing the Catania Nanotech Network

2009

Obiettivo del lavoro e` quello di esaminare nell`ambito dell sviluppo regionale l`importanza della rete di imprese quale attore istituzionale inserito all`interno delle strutture socioeconomiche locali. In tale ambito si osserva come l`interazione pubblico-privato e` essenziale per supportare le istituzioni locali in aree economiche in ritardo come la Sicilia

Energy and environmental life cycle assessment of an institutional catering service: An Italian case study

2019

Food production is recognised as one of the major drivers for global environmental pressure. In the last years, changes in consumption models result in an increasing population consuming food out of home that pose the catering service sector at the centre of the European Union policies aimed at improving the environmental sustainability of the food sector. In this framework, better technical knowledge on the environmental impacts of catering service is essential in order to identify potential actions towards a more sustainable food sector. This article presents an environmental assessment of a school catering service operating in Italy and delivering approximately 2,518,128 meals per year. …

PEDAGOGICAL LEADERSHIP ASPECTS OF LATVIAN VOCATIONAL EDUCATION INSTITUTIONS’ LEADERS

2019

Leadership of vocational education institutions’ leaders is one of the leading resources in order to provide access, quality, competitiveness and sustainability of vocational education. The goal of the research is to analyse leadership of vocational education institutions’ leaders on the basis of the Charismatic, Emotional, Anticipatory, Professional, Participatory, Cultural, Formative and Administrative Dimensions (Gento & González, 2012) identified due to the analysis of scientific literature and normative documents in the context of the vocational education reform. The outcomes of the quantitative research testify that students assess the vocational education institution leaders’ lea…

STUDYING INSTITUTIONAL ECONOMICS AT CHICAGO IN THE 1930S: THE CASE OF ARTHUR BLOOMFIELD

2013

La revisione del palinsesto veronese delle Istituzioni di Gaio e le schede di Bluhme

2014

In the light of unpublished material this paper reconstructs the history of the deciphering of Gaius’ palimpsest of the Capitular Library of Verona (BCapVr, Cod. XV) by Friedrich Bluhme. It deals for the first time with other copies of Bluhme’s transcriptions preserved at the Bonn University Library (ULB, S 675f; ULB, S 1440) and with their relationship to the ones at the Berlin State Library – Prussian Cultural Heritage (SBB-PK, Ms. lat. fol. 308, K. 2, Beil. 2, Fasz. 1).

Green and good? The investment performance of US environmental mutual funds

2011

Increased concern for the environment has increased the number of investment opportunities in mutual funds specialized in promoting responsible environmental attitudes. This article examines the performance and risk sensitivities of US green mutual funds vis-a-vis their conventional peers. We also analyze and compare this performance relative to other socially responsible investing (SRI) mutual funds. In order to implement this analysis, we apply a CAPM-based methodology and find that in the 1987–2009 period, environ- mental funds had lower performance than conventional funds with similar characteristics. However, if we focus on a more recent period (2001–2009), green funds achieved adjuste…