Search results for "leverage"
showing 10 items of 100 documents
OpenHVSR - Processing toolkit: Enhanced HVSR processing of distributed microtremor measurements and spatial variation of their informative content
2018
Abstract The investigation of seismic ambient noise (microtremor) in spectral ratio form, known as the Horizontal-to-Vertical Spectral Ratio technique, is extremely popular nowadays both to investigate large areas in a reduced amount of time, and to leverage a wider choice of low cost equipment. In general, measurements at multiple locations are collected to generate multiple, individual spectral ratio curves. Recently, however, there has been an increasing interest in spatially correlating informative content from different locations. Accordingly, we introduce a new computer program, “OpenHVSR – Processing Toolkit”, developed in Matlab (R2015b), specifically engineered to enhance data proc…
Relaciones entre gestión corporativa y crisis financiera en el mercado de capitales español
2015
ResumenLa crisis financiera internacional impulsada por las noticias vertidas en agosto de 2007 ha tenido efectos devastadores sobre los mercados de capitales internacionales. El objetivo de este artículo se centra en verificar, en este contexto de crisis, si las empresas del mercado continuo español generan rendimientos anormales negativos, a la par que investigar qué factores ligados al gobierno corporativo podrían justificar estas anomalías. Nuestros resultados confirman que: a)cuando un mismo sujeto asume dirección ejecutiva y presidencia de la junta, en contra de todo pronóstico, ha tenido efectos beneficiosos sobre la gestión corporativa, permitiendo que esas anomalías se vayan diluye…
Key advantages of the leverage points perspective to shape human-nature relations
2021
This perspective paper synthesises the special issue 'Human-nature connectedness as a leverage point for sustainability transformation'. Based on the articles in this special issue, we aim to foster the operationalisation of the leverage points perspective to shape human-nature relations to enable sustainability transformations. Specifically, we draw on four key advantages of the leverage points perspective: (i) the explicit recognition of deep leverage points; (ii) the ability to examine the interactions between shallow and deep system changes; (iii) the combination of causal and teleological modes of research; and (iv) the ability to function as a methodological boundary object. The contr…
Scope of Negative Integration: A Comparative Analysis of Post, Public Transport and Port Services
2014
There is extensive literature that explains how liberalization policy deepens and widens. In the literature of European integration such reform is commonly considered to be the result of a bias towards liberalization in the treaties, thereby giving the European Commission and the European Court of Justice wide-ranging leverage to enforce such reform. However, such approaches have been criticized for being de-politicized – for failing to understand the conflicts inherent in controversial policies. It is therefore of interest to explore the scope conditions of this constitutional bias assumption in areas where liberalization policy is disputed. This article analyzes the EU decision-making pro…
Household debt and labor market fluctuations
2011
Abstract The co-movements of labor productivity with output, total hours, vacancies and unemployment have changed since the mid 1980s. This paper offers an explanation for the sharp break in the fluctuations of labor market variables based on endogenous labor supply decisions following the mortgage market deregulation. We set up a search model with efficient bargaining and financial frictions, in which impatient borrowers can take an amount of credit that cannot exceed a proportion of the expected value of their real estate holdings. When borrowers' equity requirements are low, the impact of a positive technology shock on the marginal utility of consumption is strengthened, which in turn re…
Mediating International Conflicts: The European Union as an Effective Peacemaker?
2015
This article examines how the EU's effectiveness as a mediator in peace negotiations can be appropriately conceptualized and analysed. Mediator effectiveness is analysed along two dimensions: goal-attainment and conflict settlement. Investigation of the conditions of mediator effectiveness is structured around four key sets of variables: mediator leverage, mediation strategy, coherence and the conflict's context. In our empirical analysis of EU mediation between Serbia and Kosovo (Belgrade–Pristina dialogue) we find that the medium degree of EU effectiveness (both in terms of goal-attainment and conflict settlement) can be explained by its great leverage vis-a-vis the conflict parties due t…
Can business model innovation help SMEs in the food and beverage industry to respond to crises? Findings from a Swiss brewery during COVID-19
2021
PurposeThe purpose of this paper is to show how different business model innovations (BMIs) help small and medium-sized enterprises (SMEs) in the food and beverage industry to navigate turbulent and uncertain environments such as the coronavirus economic crisis (COVID-19).Design/methodology/approachThe paper adopts an in-depth case study approach and uses a dynamic business modeling (DBM) approach to analyze how a pioneer craft brewery in Switzerland implemented innovative actions undertaken during the COVID-19 pandemic.FindingsThe paper offers a novel framework describing three processes helping SMEs to implement innovations in their business model (BM) to respond in an effective way to cr…
Board of director attributes: effects on financial performance in SMEs
2021
This paper analyses the relationship between board of director (BoD) attributes and financial performance in small and medium-sized enterprises (SMEs). Although SMEs are the backbone of world economies, most studies on this relationship focused on large companies and did not consider many typical or recommended processes and activities carried out by SME BoDs. We monitored a set of variables related to BoD attributes such as composition, characteristics, structure and processes for 184 Italian SMEs along with their financials over a 4-year period (2014–2017). We controlled for enterprise-specific characteristics such as annual sales growth, assets value, sales turnover, leverage, com pany s…
Relevance of Big Data for Business and Management. Exploratory Insights (Part I)
2018
Abstract Over the last few decades Big Data has impetuously penetrated almost every domain of human interest/action and it has (more or less consciously) become a ubiquitous presence of day to day life. The main questions this exploratory paper seeks to address (throughout its two parts) are the following: What is the (actual) impact of Big Data on Business & Management and How can businesses (through their management) leverage the potential of Big Data to their benefit? A gradual, step by step approach (based on literature review and a variety of secondary data) will guide the paper in search for answers to the abovementioned questions: starting with a concise history of the topic Big …
Romania’s SMEs on the Way to EU’s Twin Transition to Digitalization and Sustainability
2021
Abstract European Commission’s six priorities for 2019-2024 are all in line with and leverage each other to support Europe’s twin transition to digitalization and sustainability; aiming to address the challenges posed by the COVID-19 pandemic, The Recovery Plan for Europe adds resilience as key dimension of EU’s progress, while reinforcing its commitment to the green and digital transformation. Counting for more than 99% of the enterprises, employing about two of three people, and generating more than a half of the value added - with similar weights as concerns Romania - EU’s SMEs are the engine of Europe's economy, therefore essential contributors to these transformative processes - as emp…