This article investigates the impact of CEO attributes on corporate reputation,financial performance,and corporate sustainable growth in India.Using static panel data methodology for a sample of NSE listed leading 138...This article investigates the impact of CEO attributes on corporate reputation,financial performance,and corporate sustainable growth in India.Using static panel data methodology for a sample of NSE listed leading 138 non-financial companies over the time-frame 2011 to 2018,we find that CEO remuneration and tenure maintains significant positive associations with corporate reputation,while duality and CEO busyness are found to be associated with corporate reputation negatively.The results also show that female CEOs and CEO remuneration are associated with corporate financial performance positively,whereas CEO busyness,as expected,holds a significant negative relationship with corporate financial performance.Moreover,the results demonstrate that CEO age is associated with corporate sustainable growth negatively,while tenure appears to have a significant and positive association with corporate sustainable growth.The results are robust to various tests and suggest that in the Indian context,demographic and job-specific attributes of CEOs exert significant influence on corpo-rate reputation,financial performance,and corporate sustainable growth.The empirical findings would provide a basis for the shareholders and companies to identify areas of consideration when appointing CEOs and determining their roles and responsibilities.展开更多
"Reverse transmission mechanism" is a deep-seated problem in China's economy.Understanding it is the key to unraveling the interaction among China's growth mechanism,cycles and policy options.In the ..."Reverse transmission mechanism" is a deep-seated problem in China's economy.Understanding it is the key to unraveling the interaction among China's growth mechanism,cycles and policy options.In the new millennium,great changes have occurred in the economic environment and the "reverse transmission mechanism" has shown that it works in different ways.From this approach,this paper concludes that "welfare and administrative spending rigidity" after 2000 has a stronger feature of "reverse transmission," which forces China's economy onto a path of unsustainable expansion.To seek sustainable growth,new reverse transmissions of welfare and administrative spending must be broken.In light of the present phase of development,only by adjusting administrative costs and welfare spending can we balance development,transform the growth pattern,and embark on a sustainable path.展开更多
IN July,2,400 guests from 35 countries and regions attended the Eco Forum Global Annual Conference Guiyang 2018 in Guiyang,a national forest city in southwest China.The theme of the conference was"Embracing a New...IN July,2,400 guests from 35 countries and regions attended the Eco Forum Global Annual Conference Guiyang 2018 in Guiyang,a national forest city in southwest China.The theme of the conference was"Embracing a New Era of展开更多
In recent years,the telecom industry has faced digital transformation challenges and fierce market competition.The challenges push telecom operators to grow their subscriber bases by offering lower prices and improved...In recent years,the telecom industry has faced digital transformation challenges and fierce market competition.The challenges push telecom operators to grow their subscriber bases by offering lower prices and improved services and new features,which puts pressure on operators’profitability.In addition,the rise of Internet companies gradually erodes the profit of the traditional telecom operators.Therefore,paying attention to the critical factors impacting firm sustainable growth can help operators get out of the predicament.Based on the resource-based view(RBV),this study explores the factors that influence the firm sustainable growth.Multiple regression model is applied to empirically test the hypotheses with longitudinal time-series panel data from major telecom operators in China.The study provides empirical evidence for sustainable growth research and useful insights for practitioners on the way to keep sustainable growth.展开更多
The recent financial crisis andcontinuing turbulence have left companies and economies across the world reeling from the impact.Despite this,Asian countries have until now provided a counterbalance to the global slowd...The recent financial crisis andcontinuing turbulence have left companies and economies across the world reeling from the impact.Despite this,Asian countries have until now provided a counterbalance to the global slowdown by promoting domestic consumption and investment.Yet,can they-China and India in particular-continue along the path of economic growth? Corporate executives and entrepreneurs from China and around the world discussed how companies should build sustainable enterprises to stay afloat in tough economic times at the 12th annual CEO Forum hosted by Business Week magazine on December 3-4 in Beijing.展开更多
Intellectual capital(IC)has become a universal performance indicator for the socioeconomic development of countries and regions.Based on a review ofnational intellectualcapital(NIC)and regional intellectualcapital(RIC...Intellectual capital(IC)has become a universal performance indicator for the socioeconomic development of countries and regions.Based on a review ofnational intellectualcapital(NIC)and regional intellectualcapital(RIC)evaluation literature,we used the regional intellectualcapitalindicator(RICI)as a model for China’s RIC evaluation to indirectly understand China’s potential economic growth drivers.Specifically,we collected statisticaldata of31 provinces(including municipalities and autonomous regions)in China from 2004 to 2016to measure RICI and analyze its dynamic characteristics from temporal and spatial perspectives.In this paper,Delphi analysis was used to construct RICI model,and cluster analysisand exploratory spatial data analysis were used to analyze the temporal and spatial characteristics of RICI in China.The results showedthat RICI,which represents China’s overall economic growth drivers,increases annuallyand is consistent with economic developmentlevelduring the study period.Regarding the geo-spatial space,RICI follows the trend of“high in the east and low in the west”,gradually decreasing from eastern to western China.ForRIC structure,the shape of the radar chart of IC structure located in the eastern coastal areas is usually biased towards strong external relational capital,while that in western China is generally biased towards structural capital.For spatial correlation,China’s RICI has dependence on geographical adjacent space and economic space.Our research can provide policy suggestions for the sustainable development of regional economy from an IC perspective.展开更多
This investigation is focused on conducting a thorough analysis of Municipal Solid Waste Management (MSWM). MSWM encompasses a range of interdisciplinary measures that govern the various stages involved in managing un...This investigation is focused on conducting a thorough analysis of Municipal Solid Waste Management (MSWM). MSWM encompasses a range of interdisciplinary measures that govern the various stages involved in managing unwanted or non-utilizable solid materials, commonly known as rubbish, trash, junk, refuse, and garbage. These stages include generation, storage, collection, recycling, transportation, handling, disposal, and monitoring. The waste materials mentioned in this context exhibit a wide range of items, such as organic waste from food and vegetables, paper, plastic, polyethylene, iron, tin cans, deceased animals, byproducts from demolition activities, manure, and various other discarded materials. This study aims to provide insights into the possibilities of enhancing solid waste management in the Farmgate area of Dhaka North City Corporation (DNCC). To accomplish this objective, the research examines the conventional waste management methods employed in this area. It conducts extensive field surveys, collecting valuable data through interviews with local residents and key individuals involved in waste management, such as waste collectors, dealers, intermediate dealers, recyclers, and shopkeepers. The results indicate that significant amounts of distinct waste categories are produced daily. These include food and vegetable waste, which amount to 52.1 tons/day;polythene and plastic, which total 4.5 tons/day;metal and tin-can waste, which amounts to 1.4 tons/day;and paper waste, which totals 5.9 tons/day. This study highlights the significance of promoting environmental consciousness to effectively shape the attitudes of urban residents toward waste disposal and management. It emphasizes the need for collaboration between authorities and researchers to improve the current waste management system.展开更多
Over the past decade, the term “sustainable development” has emerged as the principal concept in the development field. The concept emerged in the 1970s and was first promoted in the international environmental and...Over the past decade, the term “sustainable development” has emerged as the principal concept in the development field. The concept emerged in the 1970s and was first promoted in the international environmental and development communities with the publication of the “world conservation strategy'(1980). It was popularized by the Brundtland report, “Our common future'(1987). The Brundtland Commission defined sustainable development as “development which meets the needs of the present, without compromising the sustainability of future generation to meet their own needs'. The Earth Summit(1992) established “sustainable development' as the most important policy of the 21st century. Since then, the relationship between development and environment has been widely discussed and sustainabale development is now an important part of the vocabulary of environmental policy research and analysis. In this paper, we begin by tracing the evolution of the concept of sustainable development. Definitions of sustainable development in ecology, economics and sociology are then explored and discussed. This paper also examines the contribution that a broadly based concept of sustainable development can make: as a goal, an attitude and as a guiding principle for integrating economic development and environmental protection.展开更多
Can the rapid growth of China’s economy be sustained? How is it to be sustained? This has become a hot topic in recent years arousing worldwide attention. To understand the reason for this much talked about topic, we...Can the rapid growth of China’s economy be sustained? How is it to be sustained? This has become a hot topic in recent years arousing worldwide attention. To understand the reason for this much talked about topic, we have to look at the past 30 years of China’s development, and how it has become an important force in the world economy. Whether展开更多
Since the advent of the 1990s,there has appeared in the world an East Asia-centered“Asia-Pacific craze”.All people have been paying attention to and study-ing the“East Asian miracle”or the“East Asian phenomenon”...Since the advent of the 1990s,there has appeared in the world an East Asia-centered“Asia-Pacific craze”.All people have been paying attention to and study-ing the“East Asian miracle”or the“East Asian phenomenon”.In the whole post-Cold War world,“the scene is uniquely beautiful”in East Asia as is compared withall other regions on earth.It can be said that the region is now in the best time ofits economic and political development in modern history.展开更多
The development of Ivorian public debt in recent years has raised concerns.Is its current level capable of boosting the economy or,on the contrary,being at the source of a recession?This paper analyzes the effect of t...The development of Ivorian public debt in recent years has raised concerns.Is its current level capable of boosting the economy or,on the contrary,being at the source of a recession?This paper analyzes the effect of the level of indebtedness on economic growth in Côte d’Ivoire using the Threshold Autoregressive(TAR)model over the period 1970-2018.The results obtained in the short run shed light on the no relationship between public debt and economic growth.In the long run,on the other hand,there is a bi-directional granger causality between public debt and the sustainability of economic growth.The non-linearity between the variables of interest has been studied and the results show the presence of a threshold effect:beyond 48.03 percent of GDP,any increase in public debt by 1%should reduce economic growth by 0.28%.Thus,the study questions the relevance of the criterion set by the WAEMU:public debt<70%of GDP.展开更多
The pace of China's eco nomic growth slowed for a lourth consecutive month in August. This has been largely attributed to the decline in demand from trading pmmers, most notably, the United States. In response, the g...The pace of China's eco nomic growth slowed for a lourth consecutive month in August. This has been largely attributed to the decline in demand from trading pmmers, most notably, the United States. In response, the government has boosted spending on Infrastruc ture and introduced tax cuts. Another tool enacted by the Chinese Government has been to boost loans to small and medi um sized enterprises (SMEs).展开更多
This essay focuses on three broad sets of issues that may not slow China's GDP growth to under 3 percent a year,but they will almost certainly create major social and physical problems that will be difficult to de...This essay focuses on three broad sets of issues that may not slow China's GDP growth to under 3 percent a year,but they will almost certainly create major social and physical problems that will be difficult to deal with.The first is the demographic and education challenges featured by a rapidly aging population combined with a large share of the population being under-educated.The second is the environmental challenges China faces in achieving the state goal of carbon neutrality by 2060.The third challenge is low consumption and unprecedentedly high investment,a strategy that has driven China's high growth rates in the past decades but is no longer sustainable.These three challenges are intertwined,making China's adjustment path even more uncertain.What would a sustainable development strategy involve?The clearest need is to shift investment away from energy-intensive housing and infrastructure and toward investment in people.展开更多
Cultural heritage does not have direct economic benefits. However, if properly managed it can stimulate social cohesions, improving the environment and have beneficial economic spin offs for the local communities. Thi...Cultural heritage does not have direct economic benefits. However, if properly managed it can stimulate social cohesions, improving the environment and have beneficial economic spin offs for the local communities. This paper discusses the role of communities in the formulation of the policies concerning their local environment. It argues that community engagement by policy makers is important in giving legitimacy and ownership of the policies. Furthermore, this paper discusses the potential of cultural heritage in diversifying the economy in Botswana. This paper recommends for the re-assessment of the relationship between the state and local communities which is critical in resuscitating the seemingly ailing community business organizations. In conclusion, it argues for the sustainable management of cultural heritage as a social and economic resource in the next 50 years of Botswana's independence.展开更多
Demographic transition has occurred more rapidly in China than in most developed countries. As the population ages, the growth rate of the working age population has started to decline and the absolute quantity of the...Demographic transition has occurred more rapidly in China than in most developed countries. As the population ages, the growth rate of the working age population has started to decline and the absolute quantity of the working age population will begin to shrink after 2015, which will inevitably result in structural labor shortage. Under the circumstance where comparative advantage is still embodied in its labor-intensive commodities, timely and sufficient supply of a skilled labor force is vital for China to sustain fast economic growth.展开更多
文摘This article investigates the impact of CEO attributes on corporate reputation,financial performance,and corporate sustainable growth in India.Using static panel data methodology for a sample of NSE listed leading 138 non-financial companies over the time-frame 2011 to 2018,we find that CEO remuneration and tenure maintains significant positive associations with corporate reputation,while duality and CEO busyness are found to be associated with corporate reputation negatively.The results also show that female CEOs and CEO remuneration are associated with corporate financial performance positively,whereas CEO busyness,as expected,holds a significant negative relationship with corporate financial performance.Moreover,the results demonstrate that CEO age is associated with corporate sustainable growth negatively,while tenure appears to have a significant and positive association with corporate sustainable growth.The results are robust to various tests and suggest that in the Indian context,demographic and job-specific attributes of CEOs exert significant influence on corpo-rate reputation,financial performance,and corporate sustainable growth.The empirical findings would provide a basis for the shareholders and companies to identify areas of consideration when appointing CEOs and determining their roles and responsibilities.
基金This article is under the major bidding project of National Social Science Fund,Strategic Adjustment of China’s Economic Structure and Transformation of Economic Growth Pattern (Approval Doc.06&ZD004_01:)
文摘"Reverse transmission mechanism" is a deep-seated problem in China's economy.Understanding it is the key to unraveling the interaction among China's growth mechanism,cycles and policy options.In the new millennium,great changes have occurred in the economic environment and the "reverse transmission mechanism" has shown that it works in different ways.From this approach,this paper concludes that "welfare and administrative spending rigidity" after 2000 has a stronger feature of "reverse transmission," which forces China's economy onto a path of unsustainable expansion.To seek sustainable growth,new reverse transmissions of welfare and administrative spending must be broken.In light of the present phase of development,only by adjusting administrative costs and welfare spending can we balance development,transform the growth pattern,and embark on a sustainable path.
文摘IN July,2,400 guests from 35 countries and regions attended the Eco Forum Global Annual Conference Guiyang 2018 in Guiyang,a national forest city in southwest China.The theme of the conference was"Embracing a New Era of
文摘In recent years,the telecom industry has faced digital transformation challenges and fierce market competition.The challenges push telecom operators to grow their subscriber bases by offering lower prices and improved services and new features,which puts pressure on operators’profitability.In addition,the rise of Internet companies gradually erodes the profit of the traditional telecom operators.Therefore,paying attention to the critical factors impacting firm sustainable growth can help operators get out of the predicament.Based on the resource-based view(RBV),this study explores the factors that influence the firm sustainable growth.Multiple regression model is applied to empirically test the hypotheses with longitudinal time-series panel data from major telecom operators in China.The study provides empirical evidence for sustainable growth research and useful insights for practitioners on the way to keep sustainable growth.
文摘The recent financial crisis andcontinuing turbulence have left companies and economies across the world reeling from the impact.Despite this,Asian countries have until now provided a counterbalance to the global slowdown by promoting domestic consumption and investment.Yet,can they-China and India in particular-continue along the path of economic growth? Corporate executives and entrepreneurs from China and around the world discussed how companies should build sustainable enterprises to stay afloat in tough economic times at the 12th annual CEO Forum hosted by Business Week magazine on December 3-4 in Beijing.
基金This research received financial support from the National Social Science Foundationof China(13AJY004).
文摘Intellectual capital(IC)has become a universal performance indicator for the socioeconomic development of countries and regions.Based on a review ofnational intellectualcapital(NIC)and regional intellectualcapital(RIC)evaluation literature,we used the regional intellectualcapitalindicator(RICI)as a model for China’s RIC evaluation to indirectly understand China’s potential economic growth drivers.Specifically,we collected statisticaldata of31 provinces(including municipalities and autonomous regions)in China from 2004 to 2016to measure RICI and analyze its dynamic characteristics from temporal and spatial perspectives.In this paper,Delphi analysis was used to construct RICI model,and cluster analysisand exploratory spatial data analysis were used to analyze the temporal and spatial characteristics of RICI in China.The results showedthat RICI,which represents China’s overall economic growth drivers,increases annuallyand is consistent with economic developmentlevelduring the study period.Regarding the geo-spatial space,RICI follows the trend of“high in the east and low in the west”,gradually decreasing from eastern to western China.ForRIC structure,the shape of the radar chart of IC structure located in the eastern coastal areas is usually biased towards strong external relational capital,while that in western China is generally biased towards structural capital.For spatial correlation,China’s RICI has dependence on geographical adjacent space and economic space.Our research can provide policy suggestions for the sustainable development of regional economy from an IC perspective.
文摘This investigation is focused on conducting a thorough analysis of Municipal Solid Waste Management (MSWM). MSWM encompasses a range of interdisciplinary measures that govern the various stages involved in managing unwanted or non-utilizable solid materials, commonly known as rubbish, trash, junk, refuse, and garbage. These stages include generation, storage, collection, recycling, transportation, handling, disposal, and monitoring. The waste materials mentioned in this context exhibit a wide range of items, such as organic waste from food and vegetables, paper, plastic, polyethylene, iron, tin cans, deceased animals, byproducts from demolition activities, manure, and various other discarded materials. This study aims to provide insights into the possibilities of enhancing solid waste management in the Farmgate area of Dhaka North City Corporation (DNCC). To accomplish this objective, the research examines the conventional waste management methods employed in this area. It conducts extensive field surveys, collecting valuable data through interviews with local residents and key individuals involved in waste management, such as waste collectors, dealers, intermediate dealers, recyclers, and shopkeepers. The results indicate that significant amounts of distinct waste categories are produced daily. These include food and vegetable waste, which amount to 52.1 tons/day;polythene and plastic, which total 4.5 tons/day;metal and tin-can waste, which amounts to 1.4 tons/day;and paper waste, which totals 5.9 tons/day. This study highlights the significance of promoting environmental consciousness to effectively shape the attitudes of urban residents toward waste disposal and management. It emphasizes the need for collaboration between authorities and researchers to improve the current waste management system.
文摘Over the past decade, the term “sustainable development” has emerged as the principal concept in the development field. The concept emerged in the 1970s and was first promoted in the international environmental and development communities with the publication of the “world conservation strategy'(1980). It was popularized by the Brundtland report, “Our common future'(1987). The Brundtland Commission defined sustainable development as “development which meets the needs of the present, without compromising the sustainability of future generation to meet their own needs'. The Earth Summit(1992) established “sustainable development' as the most important policy of the 21st century. Since then, the relationship between development and environment has been widely discussed and sustainabale development is now an important part of the vocabulary of environmental policy research and analysis. In this paper, we begin by tracing the evolution of the concept of sustainable development. Definitions of sustainable development in ecology, economics and sociology are then explored and discussed. This paper also examines the contribution that a broadly based concept of sustainable development can make: as a goal, an attitude and as a guiding principle for integrating economic development and environmental protection.
文摘Can the rapid growth of China’s economy be sustained? How is it to be sustained? This has become a hot topic in recent years arousing worldwide attention. To understand the reason for this much talked about topic, we have to look at the past 30 years of China’s development, and how it has become an important force in the world economy. Whether
文摘Since the advent of the 1990s,there has appeared in the world an East Asia-centered“Asia-Pacific craze”.All people have been paying attention to and study-ing the“East Asian miracle”or the“East Asian phenomenon”.In the whole post-Cold War world,“the scene is uniquely beautiful”in East Asia as is compared withall other regions on earth.It can be said that the region is now in the best time ofits economic and political development in modern history.
文摘The development of Ivorian public debt in recent years has raised concerns.Is its current level capable of boosting the economy or,on the contrary,being at the source of a recession?This paper analyzes the effect of the level of indebtedness on economic growth in Côte d’Ivoire using the Threshold Autoregressive(TAR)model over the period 1970-2018.The results obtained in the short run shed light on the no relationship between public debt and economic growth.In the long run,on the other hand,there is a bi-directional granger causality between public debt and the sustainability of economic growth.The non-linearity between the variables of interest has been studied and the results show the presence of a threshold effect:beyond 48.03 percent of GDP,any increase in public debt by 1%should reduce economic growth by 0.28%.Thus,the study questions the relevance of the criterion set by the WAEMU:public debt<70%of GDP.
文摘The pace of China's eco nomic growth slowed for a lourth consecutive month in August. This has been largely attributed to the decline in demand from trading pmmers, most notably, the United States. In response, the government has boosted spending on Infrastruc ture and introduced tax cuts. Another tool enacted by the Chinese Government has been to boost loans to small and medi um sized enterprises (SMEs).
文摘This essay focuses on three broad sets of issues that may not slow China's GDP growth to under 3 percent a year,but they will almost certainly create major social and physical problems that will be difficult to deal with.The first is the demographic and education challenges featured by a rapidly aging population combined with a large share of the population being under-educated.The second is the environmental challenges China faces in achieving the state goal of carbon neutrality by 2060.The third challenge is low consumption and unprecedentedly high investment,a strategy that has driven China's high growth rates in the past decades but is no longer sustainable.These three challenges are intertwined,making China's adjustment path even more uncertain.What would a sustainable development strategy involve?The clearest need is to shift investment away from energy-intensive housing and infrastructure and toward investment in people.
文摘Cultural heritage does not have direct economic benefits. However, if properly managed it can stimulate social cohesions, improving the environment and have beneficial economic spin offs for the local communities. This paper discusses the role of communities in the formulation of the policies concerning their local environment. It argues that community engagement by policy makers is important in giving legitimacy and ownership of the policies. Furthermore, this paper discusses the potential of cultural heritage in diversifying the economy in Botswana. This paper recommends for the re-assessment of the relationship between the state and local communities which is critical in resuscitating the seemingly ailing community business organizations. In conclusion, it argues for the sustainable management of cultural heritage as a social and economic resource in the next 50 years of Botswana's independence.
文摘Demographic transition has occurred more rapidly in China than in most developed countries. As the population ages, the growth rate of the working age population has started to decline and the absolute quantity of the working age population will begin to shrink after 2015, which will inevitably result in structural labor shortage. Under the circumstance where comparative advantage is still embodied in its labor-intensive commodities, timely and sufficient supply of a skilled labor force is vital for China to sustain fast economic growth.