Search results for "Transparency"
showing 10 items of 291 documents
High-contrast dark resonances on the D1 line in cesium nanocell: the advantages compared with the other alkali D lines
2015
Electromagnetically induced transparency (EIT) effect in a -system formed by Cs atoms line, enclosed in nanometric-thin cells, is studied both experimentally and theoretically for the first time. T...
Disclosure Alignment and Transparency Signaling in CSR Reports
2014
This chapter investigates companies' disclosure alignment and transparency signaling within the 2011 CSR annual reports of 36 U.S. firms in the Global Forbes 2000. DICTION 6.0 was used for the text analysis. The study found that CSR reports are fairly similar to corporate financial annual reports but can be classified more accurately as a hybrid discourse with normative elements matching genres emanating from science, business, government, religion, and social movements. Despite the relatively short time that CSR reports have been in existence, this chapter provides evidence that CSR reporting has become institutionalized quickly. The measures of transparency signaling and disclosure alignm…
Challenges and Opportunities using MultiChain for Real Estate
2019
The real estate market involves multiple untrusted actors with contrasting objectives. We propose REchain, a blockchain-based platform for real estate, which provides benefits to all actors in terms of transparency, trust, immutability, and traceability. REchain architecture handles real estate data through well-defined workflows that leverage the MultiChain platform. REchain changes the real estate market enabling direct transactions without intermediaries, and providing new mechanisms for negotiating the purchase conditions. This paper refutes the misleading idea of using blockchains for solving generic problems as blockchain platforms have peculiar features that make them suitable for sp…
Open strategizing on social media: A process model of emotional mechanisms and outcomes from un-orchestrated participation
2023
This study extends the discussion on open strategizing by following the development of unlimited participation in an ex-ante city merger case where participation was not orchestrated. The findings unravel how the aggregation of emotional expressions on social media results in an escalating conflict, and initiates attempts to mitigate grounded in decision-makers’ reflexiveness of social becoming(s). We theorize three emotional mechanisms – acceleration of emotional interaction, reinforcement of hostility as a discursive norm, and emotional empowerment – and outcomes originating from uncontrolled dynamics of inclusion and transparency. As such, we theorize open strategy as emerging organicall…
ASSESSMENT OF CORRUPTION EFFECT ON FOREIGN INVESTMENT FLOWS
2011
The purpose of the present paper is to investigate the impact of corruption on foreign direct investment (FDI) flows. Using data from the International Monetary Fund, Transparency International and United Nations conference about commerce and development data bases a cross-section econometric model was estimated to evaluate in which way and how strong corruption influence FDI inflows. Econometric modelling covers the period from year 2000 to 2007 and the data about 82 world countries that constitute more than 500 records. The main conclusion of the paper is that corruption has a negative and significant impact on the foreign direct investment inflows. Thus, changes in the level of corruptio…
Inflation anchoring and growth: The role of credit constraints
2022
Abstract Can inflation anchoring foster growth? To answer this question, we use panel data on sectoral growth for 22 manufacturing industries from 39 advanced and emerging market economies over 1990–2014 and employ a difference-in-differences strategy based on the theoretical prediction that higher inflation uncertainty particularly depresses investment in industries that are more credit constrained. Industries characterized by high external financial dependence, liquidity needs, and R&D intensity, and low asset tangibility, tend to grow faster in countries with well-anchored inflation expectations. The results, based on an IV approach—using indicators of monetary policy transparency and ce…
Does Inflation Targeting Affect the Trade-off Between Output Gap and Inflation Variability?
2002
We utilize a stochastic volatility model to analyse the possible effects of inflation targeting on the trade–off between output gap variability and inflation variability. We find that the adoption of inflation targets (in New Zealand, Australia, Canada, the UK, Sweden and Finland) might result in a more favourable monetary policy trade–off (except in Australia and Finland). This conclusion is reached by comparing, first, the economic performance of targeting countries in the 1980s and the 1990s; and second, the economic performance in the 1990s of targeting and non–targeting countries (the USA, Japan, Switzerland, Germany, France and the Netherlands). We focus on two possible explanations f…
Can agents talk about what they are doing? A proposal with Jason and speech acts
2022
The dream of building robots and artificial agents that are more and more capable of thinking and acting like humans is growing by the day. Various models and architectures aim to mimic human behavior. In our current research, we propose a solution to make actions and thought cycles of agents explainable by introducing inner speech into a multi-agent system. The reasons that led us to use inner speech as a self-modeling engine raised the question of what inner speech is and how it affects cognitive systems. In this proposal, we used speech act to enable a coalition of agents to exhibit inner speech capabilities to explain their behavior, but also to guide and reinforce the creation of an in…
A critical analysis of corruption and anti-corruption policies in Italy
2020
Purpose This study aims to critically analyse the Law 9 January 2019, n. 3, on “Measures to fight crimes against the public administration and on the transparency of political parties and movements” (so-called bribe-destroyer law). Design/methodology/approach This paper draws on reports, legal scholarship and other open-source data to examine a legislative innovation for the corruption in Italy in relation to the general guarantees of the trial process and with the controversial paradigm of the national perception index of bribery. Findings The Italian legislative initiative that will be examined is innovative in nature and goes beyond the constitutional and conventional principles on proc…
The Role of Language in Corporate Governance: The Case of Board Internationalization
2013
Multinational corporations internationalize their corporate boardrooms in order to capitalize on their commercial and financial internationalization. Board internationalization provides access to specialized knowledge and skills, broadens social networks and ensures greater transparency of strategic decision-making. The entry of a foreign board member is often coupled with a change in the working language of the board. The purpose of the present study is to explore and explain how increased language diversity influences decision-making and work processes of corporate boards. We draw on previous research on board internationalization, diversity and language in multinational corporations. Bas…