Search results for "transparency"
showing 10 items of 291 documents
Utilidad pública de las asociaciones. Revocación por la Administración y solución fundacional.
2019
La finalidad no lucrativa de las asociaciones puede encaminarse a la consecución de fines tanto de interés particular como de interés general. En este segundo caso, la búsqueda del bien común les hace merecedoras de una especial protección por parte de los poderes públicos que se concreta en su declaración legal como «asociaciones de utilidad pública». Sin embargo, tras la Ley Orgánica de Asociaciones, de 22 de marzo de 2002 (LODA), la administración se muestra renuente a otorgar la calificación de utilidad pública a aquellas asociaciones que, en aras a allegar recursos para el cumplimiento de sus fines, desarrollen una actividad económica. A resultas de dicho proceder administrativo estas …
Resistance to Change in the Corporate Elite
2017
In this empirical study, we investigate the variation in firms’ response to institutional pressure for gender-balanced boards, focusing specifically on the preservation of prevailing practices of director selection and its impact on the representation of women on the board of directors. Using 8 years of data from publicly listed Nordic corporations, we show societal pressure to be one of the determinants of female directorship. Moreover, in some corporations, the director selection process may work to maintain “a traditional type of board”. In such boards, demographic diversity among male members appears to be associated with a lower share of female directors, although we cannot establish w…
Influence of online transparency on efficiency. Analysis of spanish NGDOs
2020
This study examines (a) whether nongovernmental development organizations (NGDOs) disseminate relevant information for their stakeholders through their web pages, information that after being reviewed and evaluated by external organizations such as the Spanish Coordinator of Development NGO or Lealtad Foundation, allowed these NGDOs to obtain a seal of transparency and (b) whether their level of transparency influences efficiency. To determine online transparency, web pages of seal-approved NGDOs were reviewed to assess the availability of relevant information. This paper uses data envelopment analysis to assess the efficiency using an input orientation. To determine the influence of online…
Nonfinancial defined contribution pension schemes: is a survivor dividend necessary to make the system balanced?
2013
The survivor dividend, at a specific age, is the portion of participants’ credited account balances that is distributed on a birth cohort basis from the account balances of participants who do not survive to retirement. This article develops a model to show whether it would be justified to include the survivor dividend in the calculation of affiliate pension balances. The main findings are that the survivor dividend has a strong financial basis which enables the macro contribution rate applied to be the same as the individual credited rate, and that including the survivor dividend in the calculation of the initial pension is not irrelevant because the initial pension could rise by up to 21.…
"Compiling the Actuarial Balance for Pay-As-You-Go Pension Systems. Is it better to use the Hidden Asset or the Contribution Asset?"
2013
The aim of this paper is twofold: to establish the connection between the "contribution asset" (CA) and the "hidden asset" (HA) and to determine whether using either of them to compile the actuarial balance sheet in the pay-as-you-go (PAYG) pension system will provide a reliable solvency indicator. With these aims in mind, we develop a model based on those first put forward by Settergren and Mikula (2005) and Boado-Penas et al. (2008) to obtain the analytical properties of the CA and to confirm its soundness as a measure of the assets of a PAYG scheme. Our model also enables us to explore whether, and to what extent, the HA can be considered a second alternative measure of the assets for PA…
Job Quality in the Economy for the Common Good : conceptualisation and implementation in Austria and Germany
2020
The Economy for the Common Good (ECG) is an Austrian-born movement promoting an alternative economic model built on values oriented to the common welfare such as human dignity, solidarity, ecological sustainability, social justice, transparency and democratic participation. To provide (high) quality of work plays an important role in the ECG philosophy but little is known on the actual labour conditions of workers employed in such type of firms and whether they differ from those of firms in the ?regular? default economy. In this paper we focus on Austria and Germany, the countries where this economic model is most widespread, and present results on the general structure of firms following t…
On the social value of publicly disclosed information and environmental regulation
2018
Abstract This paper presents an analysis of environmental policy in imperfectly competitive market with publicly disclosed and privately-held information about costs. We examine the potential asymmetry-reducing role of disclosure and its impact on setting environmental taxes. From a policy perspective, our findings show that disclosure with verifiable reports, is a valuable public good, provides greater transparency in the market, and is generally efficiency enhancing. Results suggest that access to publicly disclosed information enables the fine-tuning of the tax rules towards specific environmental circumstances and improves the ability of the regulator to levy firm-specific environmental…
Prudential supervisors' independence and income smoothing in European banks
2019
[EN] We investigate the role of prudential supervisors' independence in affecting income smoothing behavior in European banks. Powerful national supervisors are predicted to influence the accounting practices of their supervised entities, shaping the properties of the accounting numbers they prepare. In particular, we study whether greater independence of powerful supervisors from the government and from the industry is associated with lower income smoothing. We use the mandatory adoption of a single set of accounting standards in Europe as a shock to the influence of prudential supervisors over national banks' accounting practice. Our results confirm that political and industry independenc…
The Relationship Between Ethical Organisational Culture and Organisational Innovativeness : Comparison of Findings from Finland and Lithuania
2016
The paper explores the interrelations between ethical organisational culture and organisational innovativeness in two different socio-cultural contexts, Finland and Lithuania. According to the Global Innovation Index 2013, Finland ranked 6th and Lithuania 40th in terms of the national capacity to produce innovations. Prior research by Riivari and Lamsa (J Business Ethics 124:1–17, 2014) and Riivari et al. (Eur J Innov Manag 15:310–331, 2012) argues the importance of the ethical dimension of organisational culture in fostering the organisational capacity to innovate. In this paper, a different context is taken to test hypothesised differences between the two multidimensional phenomena. The p…
A weakly-interacting many-body system of Rydberg polaritons based on electromagnetically induced transparency
2020
We proposed utilizing a medium with a high optical depth (OD) and a Rydberg state of low principal quantum number, $n$, to create a weakly-interacting many-body system of Rydberg polaritons, based on the effect of electromagnetically induced transparency (EIT). We experimentally verified the mean field approach to weakly-interacting Rydberg polaritons, and observed the phase shift and attenuation induced by the dipole-dipole interaction (DDI). The DDI-induced phase shift or attenuation can be viewed as a consequence of the elastic or inelastic collisions among the Rydberg polaritons. Using a weakly-interacting system, we further observed that a larger DDI strength caused a width of the mome…