Search results for "crisis"

Theory and regulation of liquidity risk management in banking

2016

Liquidity risk is now more important than it used to be in the past. The financial crisis has emphasised the importance of liquidity risk to the functioning of banking and financial system. The paper presents a theoretical and regulatory investigation of two types of liquidity risk: funding liquidity risk and market liquidity risk. The paper analyses the different approaches to measure the impact of funding and market liquidity risk in the economics and management of banks. The paper provides also an analysis of the organisational implications of the asset and liability management perspective of liquidity risk. Liquidity risk does not need to be covered by equity but by an adequate volume o…

Martha Quest's social and spiritual quest in Doris Lessing's Children of Violence

1999

Sub-central Governments and Debt Crisis in Spain over the Period 2000–2011

2013

This chapter studies the quantitative evolution of sub-central sovereign debt in Spain over the period 2000–2011 and compares it with the evolution of central debt. As an intense process of political and fiscal decentralization has taken place since the mid eighties, the paper examines whether this drive to decentralization has been paralleled by any fiscally undisciplined behavior on the part of Spanish sub-central governments over the period considered. Some key formal legal rules and informal behavioral norms present at sub-central politics in Spain are examined, including legal controls on borrowing by sub-central governments. The empirical analysis will be based on the internationally …

Transformation of the agricultural financial system in the age of globalisation

2017

The paper is an attempt to address the advantages and risks connected with the wave of financial globalisation, with a focus on its impact on financial policy in European agriculture. The aim of the paper is to identify the basic conditions of the functioning and change of the financial system of agriculture under the conditions of the globalisation of financial markets. Financial globalisation, also referred to as financial integration or openness, is understood as an increase in global ties and interdependences caused by capital flows. Potentially, globalisation can bring a lot of benefits, which are manifested in an acceleration of economic growth and decreased fluctuation in consumption…

Crisis Management Between Public Relations and the Holonic Multi-Agent Approach

2018

Abstract Crisis management represents a multidisciplinary topic in many sciences. Social sciences, state affairs, medicine, engineering and many others are interested to handle unforeseen major great impact events. The paper presents some differences and common topics of crisis management using two different approaches. The first is Public Relations (PR), as part of the communication sciences; and the second is the Holonic Multi-Agent (HMAS) Concept, which is a research topic belonging to software engineering and computational sciences. We have two different approaches, but one common goal: providing the feasible support for the crisis management team under abnormal working conditions. Deal…

Financial crisis impact on sustainability reporting

2013

Purpose – The purpose of this paper is to shed some light on the effect of the current financial crisis on corporate social responsibility (CSR) reporting and CSR assurance strategies that companies disclose online to stakeholders, by dividing the time horizon into two periods, before 2008 and from 2008. Design/methodology/approach – The sample includes Spanish listed companies, differentiating CSR reporters from non CSR-reporters. Also distinguished in the CSR-reporters sample, are those companies that assure the CSR report from those that do not. The authors contrast whether there is a trend as regards CSR reporting and CSR assurance, depending on whether the crisis has already begun or …

El impacto de la crisis en el empleo público local: el caso del área metropolitana de Valencia

2014

Los ajustes derivados de actual proceso de consolidación fiscal en que se hallan las Administraciones Públicas españolas han golpeado con fuerza a un entramado institucional débil: el empleo público de los gobiernos locales de nuestro país, explicable tanto por la fragilidad sobre el terreno del sistema de mérito, como por la falta de aplicación efectiva de mecanismos de gestión. En este contexto y transcurridos ya cinco años de crisis económica se trata de dar cuenta, mediante datos agregados y de un estudio realizado en el marco del proyecto SAIS-AMV (“sostenibilidad social y ambiental en espacios metropolitanos: el caso del área metropolitana de Valencia”), de qué modo, mediante qué estr…

Knowledge behaviors when the commons are at stake: Insights from the Covid-19 crisis

2020

How do people’s beliefs on the likely system-level consequences of circulating a certain piece of knowledge influence those people’s knowledge behaviors? To address this question, we leverage the most recent developments of the theory of the commons as learning systems. According to this theory, people are strongly responsive to perceived threats to the commons they (may) benefit from, and strive to learn and respond accordingly. Through this theoretical lens, we analyze thick qualitative data (January-April 2020) from the Covid-19 crisis, which resulted in unprecedented visibility of commons-related knowledge behaviors. The contribution of this inductive study is fourfold. First, we identi…

Investor Protection in Times of Crisis of Financial Institutions in Spain in Light of EU Regulations

2016

The objective of this paper is to explore selected strategies of countering the financial crisis in Spain, with a special focus on the issue of investor protection. I will attempt to highlight good solutions and the most significant mistakes made in the struggle to tackle the crisis, based on comments provided by experts in the field - both scholars and practitioners. Owing to the great complexity of the subject, in this work I focus on aspects connected with the restructuring of Spanish banking institutions and with the deposit guarantee system, and I discuss the efforts to overcome the financial crisis in Spain within the context of new challenges to public law (especially in light of the…

Monitoring the issue arenas of the swine‐flu discussion

2013

PurposeThis paper seeks to describe the changing organizational environment and stakeholder debate currently taking place in various “issue arenas” during a crisis. Organizations today need to find and monitor these arenas before being able to communicate with their stakeholders.Design/methodology/approachCommunications of authorities and discussions by citizens are studied and analyzed in a case study related to the 2009 swine flu or influenza A (H1N1) episode in Finland. The organizational point of view is studied through media releases of the National Institute for Health and Welfare (THL), and the citizen point of view through a content analysis of popular discussion online forums throu…