Purpose:This study examines whether socially responsible firms are uninterested in risk-taking and whether socially responsible banks are more dividend providers than socially irresponsible ones.We conducted the analy...Purpose:This study examines whether socially responsible firms are uninterested in risk-taking and whether socially responsible banks are more dividend providers than socially irresponsible ones.We conducted the analysis using the least-squares method for 290-panel data observations of 32 commercial banks operating in Bangladesh from 2008 to 2018.Methodology:We employed Ordinary Least Squares Regression for 290-panel data observations of 32 commercial banks operating in Bangladesh from 2008 to 2018 using EViews software version-8.Moreover,we conducted descriptive analysis and correlations using SPSS software.We considered CSRI and CSRPI as the indicators of corporate social responsibility,dividend per share and stock dividend as a proxy of dividend policy,LEV(leverage),and non-performing loan to total loan as the indicators of financial risk,and lastly,Z score as the indicator of financial stability.Findings:Studies have shown that banks prioritizing social responsibility tend to pay dividends to their shareholders more frequently and consistently than banks that do not.In particular,banks that invest heavily in corporate social responsibility(CSR)tend to maintain a stable dividend payout,which can help address agency problems that arise from overinvestment in the CSR sector.Additionally,we found that banks that make huge expenditures on CSR also seem to have a low eagerness for risk-taking.Again,we found that the financial stability of a socially responsible bank is high and stable enough,which will help efficiently handle the bank’s financial risks,reduce price fluctuations,and increase financial assets that generally influence a bank’s monetary stability.Implications:Banks implementing fruitful CSR strategies can produce substantial shareholder advantages through high dividend payout levels.An expansion in CSR-related expenditure does not prompt a cut-down or reduce the portion of income paid out as dividends to shareholders.Therefore,the Output of our study will help provide critical information and a thorough understanding of corporate social responsibility and its association with the dividend policy,risk,and financial stability in the banking sector.This will also be useful to the researcher,students,and corporate policymakers while making a critical decision about whether a firm should make expenditures on CSR purposes,how it impacts a firm’s dividend decision,and its connection with its overall risk and financial stability.According to the study,corporate social responsibility should be integrated into a firm’s mission and strategy rather than appearing to be a mere act of generosity.Originality/Value:This study uniquely considers CSR,dividend policy,risk,and financial stability simultaneously in a developing country.Besides,the three-dimensional measures of CSR used in the research focused on developing the economy are a precious contribution.展开更多
Based on the analysis of social risk of geological disasters,the index system of social risk evaluation was established. To assess the social risk quantitatively,a quantitative evaluation model of the social risk was ...Based on the analysis of social risk of geological disasters,the index system of social risk evaluation was established. To assess the social risk quantitatively,a quantitative evaluation model of the social risk was established based on AHP,and the social risk of geological disasters was graded. Finally,the evaluation model was applied in a case.展开更多
In accordance with the canonical sources of the right of legal claim,the targets of judicial review,and the intensity of judicial review intervention policies,lawsuits that directly and indirectly activate the functio...In accordance with the canonical sources of the right of legal claim,the targets of judicial review,and the intensity of judicial review intervention policies,lawsuits that directly and indirectly activate the function of human rights protection amid climate risks can be divided into the following categories:climate change lawsuits based on international human rights law,climate change lawsuits based on the domestic constitution,and judicial review of administrative procedures.Due to the singularity of the legal status and force of international human rights law,its“direct applicability”and“explanatory applicability”limit its function in protecting human rights;Climate change lawsuits based on domestic constitutions have the identification of basic right of claim,the judgment of basic rights and function,and the scope of state obligations as the judgment process.Factors such as the difficulty in right typification caused by the integration of climate law and interests,the expansion of discretionary and administrative power in legislation under the context of risk prevention,and the functional boundary of the judicial system cause the dysfunction of the dichotomous review standard of positive rights and negative rights.Procedural rights represent an important dimension of climate-related human rights.With the standardization of administrative procedures on addressing climate risks,the courts are gradually reinforcing decision-making authorities’obligation of due diligence through judicial review of risk decision-making procedures,thus indirectly guaranteeing the realization of tangible human rights.展开更多
Aims: To identify the impact of social participation, socio-demographic, socio-economic and disease factors on nutritional risk among older persons in Hong Kong. Background: Few published work has investigated the rel...Aims: To identify the impact of social participation, socio-demographic, socio-economic and disease factors on nutritional risk among older persons in Hong Kong. Background: Few published work has investigated the relative risks of social participation, demographic, socioeconomic and disease factors with malnutrition in community-living older people, this study is to investigate the associations of these risk factors on the nutritional status in better nutrition support for the old age group. Design: A crosssectional study. Methods: It was a secondary analysis of a database in a mobile community centre between January 2008 and December 2009. One thousand seven hundred and thirty one participants aged between 54 and 103 were collected. With 319 full Mini Nutritional Assessment (MNA) completed, the participants’ demographic, socio-economic data, diseases, and nutritional status were analyzed with relative risk and 95% confidence interval level to identify the factors that make them vulnerable to nutritional risk. Results: The prevalence of malnutrition in the community-dwelling old was 3.95% and 83.7% of the sample was at risk of malnutrition. Living on allowances, young old who was socially engaged and good relationship with family members were at less risk to malnutrition. Conclusions: Special attention should be taken to these groups as they are prone to develop malnutrition.展开更多
This paper presents a new risk assessment methodology for coal mine excavated slopes. This new empirical-statistical slope.stability assessment m. ethodology （SSAM! is intended for use by geotechnical engineers at bo...This paper presents a new risk assessment methodology for coal mine excavated slopes. This new empirical-statistical slope.stability assessment m. ethodology （SSAM! is intended for use by geotechnical engineers at both the design review and operational stages of a mine＇s life to categonse the risk of an excavated coal mine slope. A likelihood of failure is determined using a new slope stability classification system for excavated coal mine slopes developed using a database of 119 intact and failed case studies sourced from open cut coal mines in Australia. Consequence of failure is based on slope height and stand-off distance at the toe of the excavated slope. Results are presented in a new risk matrix, with slope risk being divided into low, medium and high categories. The SSAM is put forward as a new risk assess- ment methodology to assess the potential for, and consequence of, excavated coal mine slope failure. Unlike existing classification systems, assumptions about the likely failure mode or mechanism are not required. Instead, the SSAM applies an approach which compares the conditions present within the exca- vated slope face, with the known past performance of slopes with similar geotechnical and geometrical conditions, to estimate the slope＇s propensity for failure. The SSAM is novel in that it considers the depo- sitional history of strata in an excavated slope and how this sequence affects slope stability. It is further novel in that it does not require explicit measurements of intact rock, rock mass and/or defect strength to rapidly calculate a slope＇s likelihood of failure and overall risk. Ratings can be determined entirely from visual observations of the excavated slope face. The new SSAM is designed to be used in conjunction with existing slope stability assessment tools.展开更多
The Yangtze River Economic Belt(YREB)spans three terrain steps in China and features diverse topography that is characterized by significant differences in geological structure and presentday crustal deformation.Activ...The Yangtze River Economic Belt(YREB)spans three terrain steps in China and features diverse topography that is characterized by significant differences in geological structure and presentday crustal deformation.Active faults and seismic activity are important geological factors for the planning and development of the YREB.In this paper,the spatial distribution and activity of 165 active faults that exist along the YREB have been compiled from previous findings,using both remote-sensing data and geological survey results.The crustal stability of seven particularly noteworthy typical active fault zones and their potential effects on the crustal stability of the urban agglomerations are analyzed.The main active fault zones in the western YREB,together with the neighboring regional active faults,make up an arc fault block region comprising primarily of Sichuan-Yunnan and a“Sichuan-Yunnan arc rotational-shear active tectonic system”strong deformation region that features rotation,shear and extensional deformation.The active faults in the central-eastern YREB,with seven NE-NNE and seven NW-NWW active faults(the“7-longitudinal,7-horizontal”pattern),macroscopically make up a“chessboard tectonic system”medium-weak deformation region in the geomechanical tectonic system.They are also the main geological constraints for the crustal stability of the YREB.展开更多
This paper investigates the main factors contributing to bank slope failures, such as the structure of rock and soil, water level change, bank slope gradient, vegetation, weathering and human activities. Based on thes...This paper investigates the main factors contributing to bank slope failures, such as the structure of rock and soil, water level change, bank slope gradient, vegetation, weathering and human activities. Based on these investigations, the bank slope failure models are analyzed. The stability of bank slopes in Wanzhou is investigated using geological surveying, 2D resistivity imaging surveying, excavated trenches and other methods. Finally, the disasters of bank slope failures in Wanzhou were investigated in detail. The results show that instability problems might occur in 60.38 km of bank slopes when the water level rises to 175 m. It is suggested that 37.8 km of unstable bank slopes should be stabilized, and 14.2 km of unstable banks should be moved or avoided after further geological surveying and reconnaissance. These results provide scientific basis and reliable data for the government to develop the third geodisaster prevention plan for the Three Gorges reservoir.展开更多
文摘Purpose:This study examines whether socially responsible firms are uninterested in risk-taking and whether socially responsible banks are more dividend providers than socially irresponsible ones.We conducted the analysis using the least-squares method for 290-panel data observations of 32 commercial banks operating in Bangladesh from 2008 to 2018.Methodology:We employed Ordinary Least Squares Regression for 290-panel data observations of 32 commercial banks operating in Bangladesh from 2008 to 2018 using EViews software version-8.Moreover,we conducted descriptive analysis and correlations using SPSS software.We considered CSRI and CSRPI as the indicators of corporate social responsibility,dividend per share and stock dividend as a proxy of dividend policy,LEV(leverage),and non-performing loan to total loan as the indicators of financial risk,and lastly,Z score as the indicator of financial stability.Findings:Studies have shown that banks prioritizing social responsibility tend to pay dividends to their shareholders more frequently and consistently than banks that do not.In particular,banks that invest heavily in corporate social responsibility(CSR)tend to maintain a stable dividend payout,which can help address agency problems that arise from overinvestment in the CSR sector.Additionally,we found that banks that make huge expenditures on CSR also seem to have a low eagerness for risk-taking.Again,we found that the financial stability of a socially responsible bank is high and stable enough,which will help efficiently handle the bank’s financial risks,reduce price fluctuations,and increase financial assets that generally influence a bank’s monetary stability.Implications:Banks implementing fruitful CSR strategies can produce substantial shareholder advantages through high dividend payout levels.An expansion in CSR-related expenditure does not prompt a cut-down or reduce the portion of income paid out as dividends to shareholders.Therefore,the Output of our study will help provide critical information and a thorough understanding of corporate social responsibility and its association with the dividend policy,risk,and financial stability in the banking sector.This will also be useful to the researcher,students,and corporate policymakers while making a critical decision about whether a firm should make expenditures on CSR purposes,how it impacts a firm’s dividend decision,and its connection with its overall risk and financial stability.According to the study,corporate social responsibility should be integrated into a firm’s mission and strategy rather than appearing to be a mere act of generosity.Originality/Value:This study uniquely considers CSR,dividend policy,risk,and financial stability simultaneously in a developing country.Besides,the three-dimensional measures of CSR used in the research focused on developing the economy are a precious contribution.
基金Supported by the Key Project for National Social Science Foundation of China(12AZD109)National Natural Science Foundation of China(71171202)Fundamental Research Funds for the Central Universities of Central South University(2014zzts127)
文摘Based on the analysis of social risk of geological disasters,the index system of social risk evaluation was established. To assess the social risk quantitatively,a quantitative evaluation model of the social risk was established based on AHP,and the social risk of geological disasters was graded. Finally,the evaluation model was applied in a case.
文摘In accordance with the canonical sources of the right of legal claim,the targets of judicial review,and the intensity of judicial review intervention policies,lawsuits that directly and indirectly activate the function of human rights protection amid climate risks can be divided into the following categories:climate change lawsuits based on international human rights law,climate change lawsuits based on the domestic constitution,and judicial review of administrative procedures.Due to the singularity of the legal status and force of international human rights law,its“direct applicability”and“explanatory applicability”limit its function in protecting human rights;Climate change lawsuits based on domestic constitutions have the identification of basic right of claim,the judgment of basic rights and function,and the scope of state obligations as the judgment process.Factors such as the difficulty in right typification caused by the integration of climate law and interests,the expansion of discretionary and administrative power in legislation under the context of risk prevention,and the functional boundary of the judicial system cause the dysfunction of the dichotomous review standard of positive rights and negative rights.Procedural rights represent an important dimension of climate-related human rights.With the standardization of administrative procedures on addressing climate risks,the courts are gradually reinforcing decision-making authorities’obligation of due diligence through judicial review of risk decision-making procedures,thus indirectly guaranteeing the realization of tangible human rights.
文摘Aims: To identify the impact of social participation, socio-demographic, socio-economic and disease factors on nutritional risk among older persons in Hong Kong. Background: Few published work has investigated the relative risks of social participation, demographic, socioeconomic and disease factors with malnutrition in community-living older people, this study is to investigate the associations of these risk factors on the nutritional status in better nutrition support for the old age group. Design: A crosssectional study. Methods: It was a secondary analysis of a database in a mobile community centre between January 2008 and December 2009. One thousand seven hundred and thirty one participants aged between 54 and 103 were collected. With 319 full Mini Nutritional Assessment (MNA) completed, the participants’ demographic, socio-economic data, diseases, and nutritional status were analyzed with relative risk and 95% confidence interval level to identify the factors that make them vulnerable to nutritional risk. Results: The prevalence of malnutrition in the community-dwelling old was 3.95% and 83.7% of the sample was at risk of malnutrition. Living on allowances, young old who was socially engaged and good relationship with family members were at less risk to malnutrition. Conclusions: Special attention should be taken to these groups as they are prone to develop malnutrition.
基金funded by the Australian Coal Association Research Program(ACARP)
文摘This paper presents a new risk assessment methodology for coal mine excavated slopes. This new empirical-statistical slope.stability assessment m. ethodology （SSAM! is intended for use by geotechnical engineers at both the design review and operational stages of a mine＇s life to categonse the risk of an excavated coal mine slope. A likelihood of failure is determined using a new slope stability classification system for excavated coal mine slopes developed using a database of 119 intact and failed case studies sourced from open cut coal mines in Australia. Consequence of failure is based on slope height and stand-off distance at the toe of the excavated slope. Results are presented in a new risk matrix, with slope risk being divided into low, medium and high categories. The SSAM is put forward as a new risk assess- ment methodology to assess the potential for, and consequence of, excavated coal mine slope failure. Unlike existing classification systems, assumptions about the likely failure mode or mechanism are not required. Instead, the SSAM applies an approach which compares the conditions present within the exca- vated slope face, with the known past performance of slopes with similar geotechnical and geometrical conditions, to estimate the slope＇s propensity for failure. The SSAM is novel in that it considers the depo- sitional history of strata in an excavated slope and how this sequence affects slope stability. It is further novel in that it does not require explicit measurements of intact rock, rock mass and/or defect strength to rapidly calculate a slope＇s likelihood of failure and overall risk. Ratings can be determined entirely from visual observations of the excavated slope face. The new SSAM is designed to be used in conjunction with existing slope stability assessment tools.
基金This research is funded by the China Geological Survey project(DD20160268).
文摘The Yangtze River Economic Belt(YREB)spans three terrain steps in China and features diverse topography that is characterized by significant differences in geological structure and presentday crustal deformation.Active faults and seismic activity are important geological factors for the planning and development of the YREB.In this paper,the spatial distribution and activity of 165 active faults that exist along the YREB have been compiled from previous findings,using both remote-sensing data and geological survey results.The crustal stability of seven particularly noteworthy typical active fault zones and their potential effects on the crustal stability of the urban agglomerations are analyzed.The main active fault zones in the western YREB,together with the neighboring regional active faults,make up an arc fault block region comprising primarily of Sichuan-Yunnan and a“Sichuan-Yunnan arc rotational-shear active tectonic system”strong deformation region that features rotation,shear and extensional deformation.The active faults in the central-eastern YREB,with seven NE-NNE and seven NW-NWW active faults(the“7-longitudinal,7-horizontal”pattern),macroscopically make up a“chessboard tectonic system”medium-weak deformation region in the geomechanical tectonic system.They are also the main geological constraints for the crustal stability of the YREB.
文摘This paper investigates the main factors contributing to bank slope failures, such as the structure of rock and soil, water level change, bank slope gradient, vegetation, weathering and human activities. Based on these investigations, the bank slope failure models are analyzed. The stability of bank slopes in Wanzhou is investigated using geological surveying, 2D resistivity imaging surveying, excavated trenches and other methods. Finally, the disasters of bank slope failures in Wanzhou were investigated in detail. The results show that instability problems might occur in 60.38 km of bank slopes when the water level rises to 175 m. It is suggested that 37.8 km of unstable bank slopes should be stabilized, and 14.2 km of unstable banks should be moved or avoided after further geological surveying and reconnaissance. These results provide scientific basis and reliable data for the government to develop the third geodisaster prevention plan for the Three Gorges reservoir.
