Formation of activation mechanism for investment maintenance management of gas industry enterprises

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Вікторія Валеріївна Чорній

2016-11-01

Full Text Available The problematic aspects of the existing management mechanism of investment management of gas industry enterprises are analyzed in the article. The ways of their elimination are suggested in accordance with the Energy Strategy of Ukraine – 2035 at different levels of its operation. The ways of improving the investment management mechanism of the enterprises in this industry on three levels are proved. Activation mechanism for investment maintenance management of gas industry enterprises is developed as result of research. Its implementation will allow enterprises of the industry to increase its investment attractiveness and effectively carry out the procedure for enterprises’ entry to the market of initial public offering to raise the required amount of investment resources for the modernization of investigated industry.

The Model of Information Support for Management of Investment Attractiveness of Machine-Building Enterprises

Directory of Open Access Journals (Sweden)

Chernetska Olga V.

2016-11-01

Full Text Available The article discloses the content of the definition of “information support”, identifies basic approaches to the interpretation of this economic category. The main purpose of information support for management of enterprise investment attractiveness is determined. The key components of information support for management of enterprise investment attractiveness are studied. The main types of automated information systems for management of the investment attractiveness of enterprises are identified and characterized. The basic computer programs for assessing the level of investment attractiveness of enterprises are considered. A model of information support for management of investment attractiveness of machine-building enterprises is developed.

Enterprising social wellbeing: social entrepreneurial and strengths based approaches to mental health and wellbeing in "remote" Indigenous community contexts.

Science.gov (United States)

Tedmanson, Deirdre; Guerin, Pauline

2011-07-01

Social enterprises are market-based activities that provide social benefits through the direct engagement of people in productive activities. Participation in social enterprise development brings psychosocial wellbeing benefits, by strengthening family networks, enhancing trust, increasing self-reliance and social esteem and promoting cultural safety. Our objective is to explore how social enterprise activities can meet community needs and foster self-sustainability while generating profits for redistribution as social investment into other ventures that aid social functioning and emotional well-being. Social entrepreneurship enhances both interdependence and independence. Concomitant mental health and social wellbeing dividends accrue overtime to communities engaged in self-determined enterprise activities. Social entrepreneurship builds social capital that supports social wellbeing. Strengths-based approaches to social entrepreneurship can assuage disempowering effects of the "welfare economy" through shifting the focus onto productive activities generated on people's own terms.

Economic Justification of Minimisation of Immobilisation Funds Invested Into Engineering Enterprise Materials

Directory of Open Access Journals (Sweden)

Boyko Valentyna V.

2014-03-01

Full Text Available The article improves the mechanism of minimisation of immobilisation funds invested into enterprise materials. Optimisation of this mechanism is achieved through reduction of the difference between fixed (or advanced and actual funds, invested into materials, with consideration of their differentiation and integration in the course of the enterprise operation cycle. The article justifies the necessity of study of immobilisation funds, invested into materials, for their possible minimisation. It offers methods of calculation of ratios of influence of minimisation of funds, invested into materials, upon alteration of the level of their immobilisation and absolute disengagement. It assesses the possibility of use of the proposed ratios both in relative and absolute indicators of immobilisation funds, invested into materials. It shows calculation of the matrix of minimisation of immobilisation funds, invested into materials, and its practical application at engineering enterprises. It underlines that the proposed methodology of calculation of the above said ratios and matrix of minimisation of immobilisation funds, invested into materials, allows determination of possible disengagement of the engaged money funds by an engineering enterprise depending on specific technical and economic conditions.

Environmental and social risk evaluation of overseas investment under the China-Pakistan Economic Corridor.

Science.gov (United States)

Zhang, Ruilian; Andam, Francis; Shi, Guoqing

2017-06-01

Along with the further implementation of the "One Belt, One Road" initiative and the promotion of the China-Pakistan Economic Corridor (CPEC), the construction of the CPEC will likely face challenges owing to differences between China and Pakistan in politics, economics, culture, religion, language, customs, environmental management systems, environmental protection laws, social management systems, and social management regulations. To address potential environmental and social risks associated with Chinese enterprises as they invest in the CPEC region, this paper examines previous studies addressing topics such as the environmental and social safeguards of international institutions and Pakistan's domestic environmental and social management requirements. We then systematically identify the environmental and social risk factors involved in CPEC construction, which cover risks regarding water, air, soil, noise, biodiversity, politics, economics, culture, technology, and individuals. By establishing and calculating these risks and using a multi-fuzzy comprehensive evaluation model, we found that noise and individual risks belong to a medium risk category, while others belong to a higher risk category. In view of these risks, the Chinese government must create a friendly and peaceful environment for Chinese enterprises to invest in the CPEC region, and Chinese enterprises must adopt a development strategy of strength and capacity building and establish enterprises capable of addressing environmental and social issues during the investment process. All stakeholders must understand that if no determined and diligent steps are taken, CPEC construction might be doomed for failure from the start.

Costs and revenues of investment in enterprise-related schooling.

NARCIS (Netherlands)

Hartog, J.; Groot, W.J.N.; Oosterbeek, H.

1994-01-01

In this paper, a general specification of the wage equation is used to derive a marginal revenue equation for enterprise-related schooling. The optimal amount of investment in enterprise-related schooling is found by equating the marginal revenues and marginal costs. For the empirical analysis, the

THE INFLUENCE OF THE ENTERPRISE LIFE CYCLE ON THE EFFICIENCY OF INVESTMENT

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Viktor Koval

2017-12-01

Full Text Available The article presents results of the study of relations between the enterprise life cycle and the efficiency of investment in the context of dynamic, rapid changes in the conditions of enterprises operation and development. It is determined that one of the main factors of success is the introduction of innovative technologies in the production process, which cannot be carried out without attracting investments. It is the investment activity of enterprises that determines the dynamics of their development, the level of competitiveness and the growth of productive resources, which affects the efficiency of their activities. It is proved that it is relevant to take into account the possible negative effects of the influence of factors divergence. The purpose of the study is to analyse possibilities of determining the impact of life cycle stages on the efficiency of investing in an enterprise. The methodological basis of the research is grounded on the general scientific methods of dialectics, observation, measurement, and formalization; methods of the system and statistical analysis. In particular, to determine the influence of internal factors on the indicators of the efficiency of investment activity of the enterprise at the stages of its life cycle, deterministic factor analysis is applied; methods of systematization and synthesis, analysis and synthesis are also used. It is determined that the construction industry plays a special role in the national economy since its development creates a synergistic effect for the development of other industries, increases the standard of living of the society through solving certain socioeconomic problems. The analytical data of construction enterprises activity in Dnipropetrovsk and Odesa regions of Ukraine became the basis for the approbation of the proposed approach. The use of the life cycle model of the enterprise, which includes the stage of growth (slow and rapid growth, stability stage and the stage

Conceptual and methodological approaches to evaluation of investment attractiveness of enterprises engaged in transportations

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Olha Myshkovych

2016-12-01

Full Text Available The aim of the article is to analyze the conceptual and methodological approaches to determining the investment attractiveness of enterprises engaged in transportations. It is indicated that the investment attractiveness of transport enterprises should be determined by calculating of the overall financial situation of enterprises, which will allow potential investors to evaluate profitability and cost efficiency of its activity. An analysis of the strengths and weaknesses of the enterprise engaged in transportation can be accomplished by the evaluation of its innovative capacity. The identification of factors and reserves of the increasing of enterprise innovative development will allow distinguishing of the basic directions for the improvement of organizational and economic mechanism of its activity. With the aim of building the strategy for the strengthening of market position it is also considered important for the potential investor to obtain the information about enterprise place on the national and international markets. Political and legal environment, characterized by political stability of society and the regulatory framework of entrepreneurial and investment activity serve as a certain guarantee of the investment reliability.

Enterprise Social Media

DEFF Research Database (Denmark)

Khajeheian, Datis

2018-01-01

This article reports an ethnographic research on effect of enterprise social media on communication of members in entrepreneurial teams. The researcher acted as an entrepreneur and as a team member in two entrepreneurial projects to observe the communication of team members within the enterprise...... social media. In addition to observation, he conducted some interviews with team members to collect supplementary data. A theoretical framework developed from an array of three metaphors: leaky pipe, echo chamber and social lubricant, and four organizational learning processes: social capital, boundary...... work, attention allocation and social analytics. By the interpretation of the collected data, a new metaphor of “living room” was proposed. This metaphor suggests that enterprise social media provide a space for interaction of internal-external people similar to what home members and guests do...

INTERNATIONALIZATION OF STATE-OWNED ENTERPRISES THROUGH FOREIGN DIRECT INVESTMENT

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Fernanda Ribeiro Cahen

2015-10-01

Full Text Available State-owned enterprises (SOEs are created to focus on domestic needs, and yet recent evidence points to increasing outward foreign direct investment by SOEs. Existing International Business (IB theories focus on efficiency-based motives for internationalization; therefore, they do not fully capture SOEs’ internalization dynamics, which are driven largely by political factors and social welfare considerations. We integrate public management and IB theories to develop propositions that combine these questions: why SOEs internationalize; what are their motivations; and what are the main managerial outcomes of SOEs’ internationalization. Our findings suggest that SOEs display little hesitancy in entering international markets, and that SOE international expansion is not contradictory with the goals of state-ownership if the purpose is to adjust the company to changing institutional environments both in the domestic and international markets. Our propositions about SOE internationalization are based on an in-depth case study of the outward foreign direct investment conducted by Brazil’s Petrobras over the past three decades.

The Impact of Public Capital Investments on the Revenue Growth of Medium Enterprise in Indonesia

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Darius Tirtosuharto

2012-09-01

Full Text Available Public capital investment represents the role of state and local governments in supporting greater capacity of private enterprises to gain success in a market economy measured by revenue growth. Medium enterprises are considered as the catalysts for economic growth and competitiveness particularly in developing countries due to efficiency and flexibility in an adverse economic environment. Using aggregate data of 30 states (provinces in Indonesia from 1997-2002, the impact of public capital investment on the revenue growth of medium enterprise is examined. The paper finds that only medium enterprises in the industrial and trading sector benefited from public capital investments and the most optimum capital investment is in transport infrastructure.

Several Methods for Evaluating the Investment Attractiveness of Small Innovation Enterprises

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Ignatova Iuliia V.

2017-04-01

Full Text Available An important factor of impact on the development and living abilities of small and medium-sized innovation enterprises, including startups, is the opportunity to evaluate their investment attractiveness. The main reason for the «failure» of such enterprises is the lack of instrumentarium to forecast the potential number of their customers, and therefore their financial results. The article suggests the number of projected customers as an indicator for evaluation of the investment attractiveness of small innovation enterprises. The authors propose to use a number of mathematical models on the basis of the instrumentarium of descriptive statistics and simulation modeling. The proposed models are built on the basis of the hypothesis of normality of the distribution law of random amounts of income clients and allow forecasting with high accuracy in relation to the day of week, and therefore evaluating the investment risks for potential investors.

THE REGULATION OF METHODICAL IMPLEMENTATION BY EQUITY ACCOUNTING ON ENTERPRISES WITH FOREIGN INVESTMENT

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Iurii Iakymov

2016-11-01

Full Text Available Purpose is to specify on the accounting methodic of transactions with equity and based on it’s ways of their effektive and resultative improvement in the enterprises with foreign investments. Methodology: In the context of such a scientific research the economic substance and methodical support of the equity accounting in enterprises with foreign investment comparison methods were used: research, synthesis, system approach, mathematical methods, formalization, induction, deduction and other methods. The scientific article is compiled on the basis of research results the main provisions of the legal regulation of these processes, the analysis of the literature of scientists and experts, that investigate this perspective, and other official sources from the Internet. Results. This article is devoted to the economic essence and peculiarities of the accounting equity in the context of accounts, the methodology for formation of equity, recognition procedures and the equity in enterprises with foreign investment. Also, the methodical approach of equity accounting in enterprises with foreign investment was analyzed by the author. As a result of research and detailed testing of transactions with equity for enterprises with foreign investments formed the results and recommendations: - specification of accounting method the transactions of equity based on the scientific research of it’s economic nature and characteristics of accounts, capital formation techniques, procedures, recognition and measurement of equity on the basis of comparative characteristics the international experience; - in order to display the mapping technique in the accounts of transactions with equity, is considered the procedure of object accounting in the program 1C and SAP, which based on a comparison of it’s benchmarks; - proposed the model of comparative accounting automation through the use of accounting software 1C and SAP, confirmed the need for a gradual transition to

Enterprise investment, local government intervention and coal overcapacity: The case of China

International Nuclear Information System (INIS)

Zhang, Yanfang; Zhang, Ming; Liu, Yue; Nie, Rui

2017-01-01

Long-term management of China's coal overcapacity depends on the targeted policy guidance on industry production capacity expansion in the overcapacity formation process. In this study, coal enterprise and local government are treated as game participants, and a three-stage dynamic game model has been developed to depict the boosting effect of the game behavior of coal enterprise's and local government's capacity investments in different markets of supply and demand. The results are shown in the following: (1) local government has been the 'behind-the-scenes' operator of over-investment and redundant construction, and its excessive interventions in coal industry investment have been the primary cause of overcapacity formation; (2) when the market is in short supply, coal enterprise's optimal behavior is to continuously increase the rate of investment growth until it reaches the threshold to obtain the maximum excess profits, ultimately leading to overinvestment in the industry; and (3) the key factors affecting the game abilities of coal enterprise and local government are the market's self-regulation and the central government's supervision intensity. Although the Chinese government, a highly vertically oriented bureaucratic structure, is implementing a mandatory de-capacity policy to alleviate the intensity of excessive coal capacity, it is not a long-term regularization on the supply-side reform. - Highlights: • The formation of China's coal overcapacity is studied from capacity investors. • A three-stage game is developed to depict the boosting effect of coal overcapacity. • Local government has been the 'behind-the-scenes' operators of coal overcapacity. • Coal enterprise's optimal strategy is reaching an investment-max with undersupply. • Chinese government should rely more on market mechanisms instead of intervention.

Is Enterprise Education Relevant to Social Enterprise?

Science.gov (United States)

Bridge, Simon

2015-01-01

Purpose: Both enterprise education and social enterprise have become fashionable but what, if any, should be the connections between them? The purpose of this paper is to explore those connections and to reflect on what relevance the two concepts might have for each other. Design/methodology/approach: Both enterprise education and social…

Social Semantics for an Effective Enterprise

Science.gov (United States)

Berndt, Sarah; Doane, Mike

2012-01-01

An evolution of the Semantic Web, the Social Semantic Web (s2w), facilitates knowledge sharing with "useful information based on human contributions, which gets better as more people participate." The s2w reaches beyond the search box to move us from a collection of hyperlinked facts, to meaningful, real time context. When focused through the lens of Enterprise Search, the Social Semantic Web facilitates the fluid transition of meaningful business information from the source to the user. It is the confluence of human thought and computer processing structured with the iterative application of taxonomies, folksonomies, ontologies, and metadata schemas. The importance and nuances of human interaction are often deemphasized when focusing on automatic generation of semantic markup, which results in dissatisfied users and unrealized return on investment. Users consistently qualify the value of information sets through the act of selection, making them the de facto stakeholders of the Social Semantic Web. Employers are the ultimate beneficiaries of s2w utilization with a better informed, more decisive workforce; one not achieved with an IT miracle technology, but by improved human-computer interactions. Johnson Space Center Taxonomist Sarah Berndt and Mike Doane, principal owner of Term Management, LLC discuss the planning, development, and maintenance stages for components of a semantic system while emphasizing the necessity of a Social Semantic Web for the Enterprise. Identification of risks and variables associated with layering the successful implementation of a semantic system are also modeled.

METHODOLOGICAL APPROACHES TO THE ANALYSIS OF EFFICIENCY OF CASH FLOW MANAGEMENT IN INVESTMENT ACTIVITY OF THE ENTERPRISES

OpenAIRE

I. Magdych

2015-01-01

The article explores the methodological approaches to the analysis of cash flows in investment activity of the enterprise; the system of motion net cash flows, reflecting the impact of cash management efficiency on the amount and source of investment cash flows of the enterprise; analytical model of definition of effectiveness of cash management of the enterprise is proposed, based on the selected principals of modeling, comprehensive analysis of cash flows in investing activities and their o...

Participatory Governance in Social Enterprise

DEFF Research Database (Denmark)

Pestoff, Victor Alexis; Hulgård, Lars

2016-01-01

This paper emphasizes the importance of participative governance in the study of social enterprise. Furthermore, it argues that social enterprise must be analyzed through a multi-dimensional perspective. The EMES approach is based on three dimensions emphasizing the social, economic, and politica...

Social enterprise: theoretical basis and perespectives

Directory of Open Access Journals (Sweden)

Julian Narlev

2017-07-01

Full Text Available Since the 1980s the issues of social enterprises have gained particular popularity, practical and applied, as well as scientific significance. For a short period of time - almost half a century - social enterprises have become an integral part of education and academic research; they have turned into factors affecting noticeably the social and economic policy. The formation and development of social enterprises are the consequence of the profound social, demographic, cultural, global and public changes - the result of capitalism and its cornerstone, the enterprise. This contemporary and innovative theory is a natural extension of the strategies for change in societies and the world - both globally, and in response to the non-profit, public and business sectors - in an attempt to solve the topical and important issues of the time. In view of the circumstances given above, the present study aims to study and analyse - in the theoretical plan basis aspects of social enterprises, and on that to draw and systematize their perspectives for development.

Formation and bases of the analysis of the investment portfolio of the enterprise

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I. I. Hasanshin

2018-01-01

Full Text Available This article discusses several methods for project design and analysis. After all, they are the key ones in creating a new IT portfolio of the enterprise, according to the standards for the formation and management of projects, which is especially important in investment analysis. Considering these stages, we touch topics from the beginning of an enterprise to its formation, as a working business. After all, every enterprise begins its life with a choice of methods, stopping at one, it chooses a plan and sets tasks. Attraction of investments will be one of the main points in this task. For today, investments are the cause for the consequences of economic processes and various phenomena in the economy. This view will be of interest to specialists in the field of information technology and economic sciences. The idea is substantiated that the analysis of such results gives a good assessment in order to further identify weaknesses, build business processes and solutions from the point of view of forming a new portfolio of the enterprise and tools that allow determining the profitability of the module or the project as a whole in terms of money and technical equivalents. The article helps to reveal the topic and the main problem that is interesting and relevant for today, what method of attracting investors and implementing / shaping the IT portfolio of the project, choose which innovative portfolio management systems should be used and how they differ from traditional ones and how to properly link them with architecture of the enterprise. The key stages of investment analysis will be: increase in profits, accumulation of resources, proper portfolio formation and diversification.

Systematization of Instruments of Social and Economic Responsibility of Enterprises: Theoretical Aspect

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Dielini Maryna M.

2016-11-01

Full Text Available The aim of the article is systematization of instruments for implementation of social and economic responsibility of enterprises in Ukraine and theoretical consideration of the presented instruments. The article studies basic views on instruments of social responsibility of business. It is determined which of them are more traditional, and which ones are the latest, that is up to date. Thus, the traditional ones include: philanthropy, charity, sponsorship, volunteering, patronship, monetary grants, equivalent financing. Based on the understanding of the nature of social and economic responsibility of business proposed by the author, to its instruments there can be attributed all traditional instruments, except for volunteering that does not imply obtaining funds for its activities and has only a social effect. There studied modern instruments of business social responsibility, such as social investments, socially responsible investments, social marketing, charity marketing, social programs, social entrepreneurship, social reporting and social expertise, fundraising, socially responsible approaches to doing business and supply chain management. All of them can be regarded as instruments of social and economic responsibility of business.

Analysis on Dynamic Decision-Making Model of the Enterprise Technological Innovation Investment under Uncertain Environment

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Yong Long

2012-01-01

Full Text Available Under the environment of fuzzy factors including the return of market, performance of product, and the demanding level of market, we use the method of dynamic programming and establish the model of investment decision, in technology innovation project of enterprise, based on the dynamic programming. Analysis of the influence caused by the changes of fuzzy uncertainty factors to technological innovation project investment of enterprise.

Investment risks in the economic system of enterprise

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Kuchmenko V.О.

2017-06-01

Full Text Available The purpose of this paper is to conduct the comprehensive analysis of the impact of investment risks on the business entities and the search for effective mechanisms to overcome them or minimize. Any entity that runs business activity or the investment activity at the capital market is at risk because both the company and the individual investor do not have full confidence in regard to the size and period of occurrence of future cash flows associated with the decisions made. Thus, the comprehensive study of the nature of the investment risks of the enterprise and their classification was provided. We clarify the forms of their manifestation and discuss the effective mechanisms to minimize investment risk, which will give the investor the opportunity to obtain the maximum expected profit. An investment process is very complicated to be predicted and always connected with the risk of investment losses. At the stage of the investment project implementation it is necessary to take into consideration the methods of management practices and organization of production to ensure efficient distribution of available material and technical resources, labor resources and financial funds. It is important to understand how to manage investment risk effectively by using appropriate methods and classification required to optimize the process of further managerial decision-making related to risks and to find ways to minimize them.

Analysis of investment potential for enterprises of economic agrarian sector

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A.E. Dankevych

2017-12-01

Full Text Available The article deals with and determines the peculiarities of the investment potential of lands of Ukrainian economic agrarian sector. The author studies the main positives contributing the development of investment for enterprises of agricultural purpose. The reasons that restrain the investment in agriculture are determined. It is emphasized that when using land resources, one should take into account the current specificity of environment in the economic agrarian sector. The article singles out the factors, which form the specificity of development of lease land relations. It is stressed that the important characteristic of lease land relations is their social and economic direction. It is proved that the obligatory condition of a lease agreement has to become the characteristic of a quality state for a land plot. More than a third part of all national income of the country was formed in economic agrarian sector. In particular, 70 % of total amount of retail goods turnover, a third part of main production facilities, a fourth part of population, employed in the Ukrainian economy, was busy working. According to the data of UNO, the potential of Ukrainian lands allows to provide about 100 mln. individuals with foods. To reach this and to renew the present level under current economic conditions one can due to the implementation of essentially new approaches to the organization of agricultural production.

Danish social enterprises

DEFF Research Database (Denmark)

Hulgård, Lars

2006-01-01

Nye organisationer som er drevet af innovation og entreprenørskab men fokuseret på sociale målsætninger og værdier er på vej frem i Europa. Bogen er en komparativ og tværvidenskabelig analyse af sådanne sociale virksomheder (social enterprises)....

SOCIAL ENTERPRISES - FROM POTENTIAL TO IMPACT

Directory of Open Access Journals (Sweden)

Bucaciuc Anamaria

2015-07-01

Full Text Available Social economy is seen by many as the magical solution to the social and economic problems which came over time with each economic crisis. An important problem when dealing with social problems is however the need to find solutions which would work at large scale. As Lisbeth Schorr stated “We have learned to create the small exceptions that can change the lives of hundreds. But we have not learned how to make the exceptions the rule to change the lives of millions”. This not only rises the importance of social enterprises but also the necessity of a more strategic and systematic approach to the problem of spreading social innovation. The potential of a social enterprise, connected with the further assessment of its impact is an important correlation which needs further studies. It is one thing for social enterprises to exhibit a great potential, but it is another for that potential to be realized and to produce significant benefits for its target group. Even if the potential of social enterprises is generally known, and this is the reason for which social enterprises benefit from a lot of attention and support, within the literature existing on the social enterprises, the issue of its’ potential is not dealt sufficiently. On the other hand, impact assessment has been studied largely within the literature. This is maybe also because evaluation of social impact is a challenging endeavour for any person analysing a social enterprise, assessing subtle changes which are difficult to be measured, evaluated and traced back to specific events. The impact assessment, made through critical and interpretative accounting theories (which are contextual, seek for engagement, are concerned with micro and macro levels and are interdisciplinary, indicates that the evaluation of the social enterprises’ socio-economic impact can have a base on the positivist, critical and interpretative accounting approaches. However, despite the enthusiasm shown for

Securing social media in the enterprise

CERN Document Server

Dalziel, Henry

2015-01-01

Securing Social Media in the Enterprise is a concise overview of the security threats posed by the use of social media sites and apps in enterprise network environments. Social media sites and apps are now a ubiquitous presence within enterprise systems and networks, and are vulnerable to a wide range of digital systems attacks. This brief volume provides security professionals and network systems administrators a much-needed dive into the most current threats, detection techniques, and defenses for these attacks, and provides a roadmap for best practices to secure and manage social media wi

Social Entrepreneurship and Social Enterprises in the Nordics

DEFF Research Database (Denmark)

Andersen, Linda Lundgaard; Gawell, Malin; Spear, Roger

2016-01-01

of social entrepreneurship and might indicate how social enterprises have the potential to make a difference for people and societies. Social entrepreneurship has emerged strongly on the international scene and often serves as a vehicle for the provision of welfare services involving powerful and often......-conflicting values of public utility, participation and volunteerism. The Nordic countries represent an interesting case of the history and development of social entrepreneurship and social enterprises. In the early days of the welfare state, civil society and more specifically, so-called popular mass movements......Migrant women gradually stepping into their new society and the labour market in their new countries via ethnic catering in the form of a social enterprise; homeless men employed to take care of bees producing honey for sale to the public; young people on the edge getting microcredit funding...

The Social Responsibility of Enterprises

DEFF Research Database (Denmark)

Rosdahl, Anders

More than 20 per cent of the Danish working age population is provided for by some form of public income transfer. The goal of the present government is that enterprises should employ more of these persons: Enterprises should become more socially responsible. The paper analyses enterprises...

Social Economy: the Potential and Challenges of Social Enterprises in Lithuania

OpenAIRE

GREBLIKAITE, JOLITA; GERULAITIENE, NERINGA; ZIUKAITE, ZIVILE; GARCIA-MACHADO, JUAN J.

2017-01-01

The paper analyses the peculiarieties of social economy, focusing the scientific attention to social enterprises and their environment in EU and, especially, Lithuania. The research problem of the paper lays upon revealing the situation and development of social entrepreneurship and social enterprises in EU and Lithuania, especially emphasizing rural areas and their peculiarities. The aim of the paper is to disclose the role of social economy and the importance of social enterprises in it, es...

Research on the robust optimization of the enterprise's decision on the investment to the collaborative innovation: Under the risk constraints

International Nuclear Information System (INIS)

Zhou, Qing; Fang, Gang; Wang, Dong-peng; Yang, Wei

2016-01-01

Abstracts: The robust optimization model is applied to analyze the enterprise's decision of the investment portfolio for the collaborative innovation under the risk constraints. Through the mathematical model deduction and the simulation analysis, the research result shows that the enterprise's investment to the collaborative innovation has relatively obvious robust effect. As for the collaborative innovation, the return from the investment coexists with the risk of it. Under the risk constraints, the robust optimization method could solve the minimum risk as well as the proportion of each investment scheme in the portfolio on the condition of different target returns from the investment. On the basis of the result, the enterprise could balance between the investment return and risk and make optimal decision on the investment scheme.

Social Responsibility of Hospitality Industry Enterprises

Directory of Open Access Journals (Sweden)

Nuray Türker

2013-09-01

Full Text Available The main aim of this study is to determine the views of employees and managers working at the hospitality industry in Safranbolu towards the social responsibility of tourism enterprises, social responsibility activities carried out by the hotel enterprises, and their views on the advantages and contributions of social responsibility projects to the hotel business. This study will make contributions to the related literature on social responsibility at the hospitality industry by means of identifying the social responsibility activities of hotel enterprises, of which there is relatively limited number of studies.Within this context, a structured survey was conducted with 152 respondents including employees, managers and owners of the hotel enterprises through face to face interviews in order to determine the perceptions of employees towards social responsibility. SPSS 15 for Windows was used to analyze the data. The research has found that the employees working at hospitality industry in Safranbolu are sensitive to the social responsibilities and they act socially responsible in their activities. Additionally the results show that the respondents behave socially responsible towards guests, society and natural environment, but that they are less responsible towards the suppliers.

The Prospects and Possibilities for Using Crowdfunding in the Investment Activity of Ukrainian Enterprises

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Otlyvanska Galyna A.

2017-06-01

Full Text Available The aim of the article is a comprehensive study of the possibilities and prospects for using crowdfunding as an instrument for financing the investment activities of Ukrainian enterprises based on analysis, synthesis and systematization of publications of domestic and foreign scientists, as well as practitioners. The article presents statistical data characterizing the dynamic development of crowdfunding in the world, the growth of interest of business in its application. Types of crowdfunding are characterized, and also signs of their allocation are defined. The main characteristics of crowdfunding platforms are formulated for choosing a platform for implementing an investment solution. The advantages and disadvantages of crowdfunding as an instrument for financing the enterprise investment activity are summarized, and prospects for its development in Ukraine are outlined.

Study of social responsibilities of Hubei seed enterprises

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Gangren Zhang

2017-03-01

Full Text Available The aim of this study is to analyze the current development situation of social responsibilities of Hubei seed enterprises in accordance with the specific features of them. Furthermore, it will also propose countermeasures and suggestions to improve the social responsibility level of Hubei seed enterprises. This study mainly applied document research method and questionnaire survey approach as the means to analyze the reason why there’s lack of social responsibilities among seed enterprises in Hubei. It also reached conclusions about how to improve the social responsibility level of Hubei seed enterprises from four aspects: enterprise, laws & regulations, social supervision, and government guidance & supervision, so as to provide theoretical reference for better development of Hubei seed industry.

Multinational Enterprises and Social Capital as Location Factor

DEFF Research Database (Denmark)

Pedersen, Kurt; Svendsen, Gunnar L.H.; Svendsen, Gert Tinggaard

2013-01-01

across borders. We review the literature and identify a gap regarding social capital as a potential instrument for reducing the level of volatility. An existing stock of social capital may be advantageous not only to the host country but also to the MNE in the sense that optimal in-company resource......It is generally assumed that multinational enterprises (MNEs) are more volatile than local firms. From the viewpoint of host countries, the volatility of MNE subsidiaries is often seen as a problem. Therefore it becomes relevant to look for ways to reduce the volatility of multinational activity...... allocation and profits could be improved even further. Thus, the dominating theory of FDI (Foreign Direct Investment), the eclectic paradigm as developed by John Dunning, offers a relevant opportunity to fill a gap in the literature and include social capital in FDI decisions as a new location factor....

Leading a Recovery-oriented Social Enterprise.

Science.gov (United States)

Raeburn, Toby; Hungerford, Catherine; Sayers, Jan; Escott, Phil; Lopez, Violeta; Cleary, Michelle

2015-05-01

Recovery-oriented mental health services promote the principles of recovery, such as hope and optimism, and are characterized by a personalized approach to developing consumer self-determination. Nurse leaders are increasingly developing such services as social enterprises, but there is limited research on the leadership of these programs. Leading a recovery-oriented mental health nurse social enterprise requires visionary leadership, collaboration with consumers and local health providers, financial viability, and commitment to recovery-focused practice. This article describes the framework of an Australian mental health nursing social enterprise, including the service attributes and leadership lessons that have been learned from developing program sustainability.

Financing--The Basis of Organization and Realization of the Investment Policy of Russian Enterprises

Science.gov (United States)

Charaeva, Marina V.; Naumova, Olga A.; Kosyakova, Inessa V.; Denisov, Aleksandr D.

2016-01-01

The relevance of the research: the relevance of research problem caused the necessity in organization investment policy of Russian enterprises for intensification of their strategic investment development and insufficient development of theoretical and methodological aspects in attracting financial resources for the realization of investment…

Social Entrepreneurship and Mobilisation of Social Capital in European Social Enterprise - (Korean translation)

DEFF Research Database (Denmark)

Hulgård, Lars; Spear, Roger

2011-01-01

Korean translation of ”Social Entrepreneurship and Mobilisation of Social Capital in European Social Enterprise”, with Roger Spear. In Marthe Nyssens (ed.) Social Enterprises: between Market, Public Policies and Community. London: Routledge.......Korean translation of ”Social Entrepreneurship and Mobilisation of Social Capital in European Social Enterprise”, with Roger Spear. In Marthe Nyssens (ed.) Social Enterprises: between Market, Public Policies and Community. London: Routledge....

Strengthening social enterprises for inclusive growth: Philippines

OpenAIRE

Magno-Ballesteros, Marife; Llanto, Gilberto M.

2017-01-01

Social enterprises are gaining popularity in many parts of the world due to their great potential to advance the agenda of inclusive and sustainable growth. The uniqueness of social enterprises lies on their core advocacies, i.e., the attainment of community well-being and human development. Their main difference to traditional micro, small, and medium enterprises is that they have a hybrid nature wherein they adopt business solutions to social problems. The Philippines, in particular, has a ...

Social Enterprise and Social Innovation in Danish kindergartens

DEFF Research Database (Denmark)

Løvstad, Charlotte Vange; Larsen, Astrid Kidde

innovation in a daily basis. The interviews where all conducted in groups of minimum two members of staff in the kindergartens. The key concepts for developing the interview-guide and examining the research question are based upon literature on social enterprise (EMES) and social economy (Hulgård......-reflection related to social economy, social enterprise and social innovation, whereas the empirical material also shows awareness and articulation of skills and competences, theoretical methods and educational ideals. Conditions of possibility shown in the empirical data invites to a next step where researchers...... and staff cooperate (Moulaert) to exploit the potentials for change in both discursive and the social practice in the institutions (Fairclough). Change that might lead to processes of social innovation, explicate democratic participation and elements of social economy in the social practice...

Social Impact Investment: Increasing Private Sector Investment to ...

International Development Research Centre (IDRC) Digital Library (Canada)

The social impact investment market is now global in scope and it is rapidly expanding in some ... of social impact investing to address environmental, social, and economic challenges. ... New project to improve water management in the Sahel.

Social Entrepreneurship and the Mobilization of Social Capital in European Social Enterprises

DEFF Research Database (Denmark)

Hulgård, Lars; Spear, Roger

2013-01-01

The article is originally published in Social Enterprise: At the Crossroads of Market, Public Policies and Civil Society (Marthe Nyssens, ed.)......The article is originally published in Social Enterprise: At the Crossroads of Market, Public Policies and Civil Society (Marthe Nyssens, ed.)...

The adoption of social enterprise software

OpenAIRE

Engelstätter, Benjamin; Sarbu, Miruna

2011-01-01

Social enterprise software is a highly promising software application for firms, though it is still in an infancy state. It offers rapid real-time information transfer based on business collaboration tools or instant messaging. The software collects and processes customer data from surveys, consumer feedback, reviews, blogs or social networks. This enables firms to build up detailed customer profiles potentially anticipating upcoming trends. We analyze the determinants of social enterprise so...

Quantitative Model for Economic Analyses of Information Security Investment in an Enterprise Information System

Directory of Open Access Journals (Sweden)

Bojanc Rok

2012-11-01

Full Text Available The paper presents a mathematical model for the optimal security-technology investment evaluation and decision-making processes based on the quantitative analysis of security risks and digital asset assessments in an enterprise. The model makes use of the quantitative analysis of different security measures that counteract individual risks by identifying the information system processes in an enterprise and the potential threats. The model comprises the target security levels for all identified business processes and the probability of a security accident together with the possible loss the enterprise may suffer. The selection of security technology is based on the efficiency of selected security measures. Economic metrics are applied for the efficiency assessment and comparative analysis of different protection technologies. Unlike the existing models for evaluation of the security investment, the proposed model allows direct comparison and quantitative assessment of different security measures. The model allows deep analyses and computations providing quantitative assessments of different options for investments, which translate into recommendations facilitating the selection of the best solution and the decision-making thereof. The model was tested using empirical examples with data from real business environment.

THEORY OF GOVERNANCE AND SOCIAL ENTERPRISE

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Cristina SANDU

2014-12-01

Full Text Available The article, subordinated to the governance and public sector reform domain, approaches governance theory, a theory that is specific to a society in a profound transformation. The transformation represents a result of globalization and the thematic of social enterprise a mean of appearance within the global arena for social actors as representatives of the new economic governance. Starting from the New Public Management reforms, the article analysis the state and public action changes within the contemporary society and in the same time, realizes a clear distinction between governing and governance and identifies a third way within the economic governance –heterarchy or network management, which refers to horizontal self-organizations between the interdependent actors. The study also illustrates the fact that the development of global political economy is in strong connection with democratization. Thus, the democracy must be affirmed at both global and local levels, and the role of non-state actors must increase, democratization representing a consonance in economic liberalization, state institutional change and development of a powerful public space. The result of the current analysis materializes in the identification of the social enterprise typology, the reference models and comparative experiences of social enterprise. As a conclusion, the study formulates a complex definition of social enterprise concept, which comprises the social and economic criteria, the social aim of the ideal-type of social enterprise. The research methodology is represented by complex methods as follows: the first and the second parts are based on literature and theories analysis, the third part is based on questionnaire application, statistical data collection and comparative empirical studies. The sample the comparative studies is represented by European countries as follows: the references models - United Kingdom, France and Italy and the empirical studies �

The Social Investment in Social Capital

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Gritsaenko Galina I.

2018-01-01

Full Text Available The article is aimed at defining the essence of social investment, substantiating the levels of their implementation, and identifying the mechanisms of influence on social capital. The dynamics of the level of trust in the Ukrainian society is analyzed, on the basis of which the conclusion about the crisis of complete personal and institutional distrust, as well as the necessity of systematic work on the formation of social capital, has been made. The essence of social investments as such, which are directed on development of objects of social environment, including human and social capitals, has been defined. It has been suggested to study social investment on the nano-, micro-, meso-, macro- and mega-levels. The relevant investors and beneficiaries, as well as possible directions of their activity activation, are considered. Prospect for further scientific researches should be development of mechanism for efficient interaction of international organizations, governmental structures, representatives of business and civil society as a whole with the purpose of formation of strategy of social investment, which would facilitate the implementation of structural reforms and ensure the sustainable development of Ukraine.

Social enterprises in Denmark: Historical, contextual and conceptual aspects

DEFF Research Database (Denmark)

Andersen, Linda Lundgaard; Hulgård, Lars; Jacobsen, Gurli

Social enterprises in Denmark: Historical, contextual and conceptual aspectsLinda Lundgaard Andersen & Lars Hulgård, Center for Social Enterprise, Roskilde UniversityGurli Jakobsen, Copenhagen Business SchoolCOST Action (EMPOWER‐SE)Working Group 1, Lisbon 28. february & 1. march 2018......Social enterprises in Denmark: Historical, contextual and conceptual aspectsLinda Lundgaard Andersen & Lars Hulgård, Center for Social Enterprise, Roskilde UniversityGurli Jakobsen, Copenhagen Business SchoolCOST Action (EMPOWER‐SE)Working Group 1, Lisbon 28. february & 1. march 2018...

Part A: An Exploration of Stakeholder Engagement in Social Enterprise

OpenAIRE

Carroll, Roopam

2008-01-01

This report sets out to explore stakeholder engagement as currently practised in social enterprises in Nottingham City. The literature displays confusion about many of the characteristics of social enterprise, but there is overwhelming consensus that social enterprises are built on stakeholder engagement. Given the debate about definitions of and this expectation of stakeholder involvement in Social Enterprise, this report addresses the following questions in the context of three social e...

Institutional Transition from Welfare Enterprise to Social Enterprise: the Localization of Legislation and Policy in Chinese Context

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Zhang Xiaomeng

2016-03-01

Full Text Available Welfare enterprises, which are intended to create jobs for disabled people, are the core component of China's welfare system. As the economic environment and regulations change, China's welfare enterprises, which cannot take effective measures from within and emerge strong in market competition, are stuck in a bottleneck where further development is difficult. Welfare enterprises have hit the ceiling in their development for lacking sustainable sources of capital and capabilities of capital operation, inefficient management model and uncompetitive products and services. To reverse the trend of decline and grow into strong market players, the transformation from welfare enterprise to social enterprise, embracing the features of enterprise and social objectives, as an alternative is of crucial importance. As a new hybrid economic form, social enterprise combines the efficiency of businesses and the public-good nature of welfare enterprises, representing win-win cooperation among the government, society, and business sector. Such development is an institutional transformation which boosts competitiveness and tackles tough issues welfare enterprises are facing. Shifting from welfare enterprises to social enterprises means an institutional transition, during the process of which international experience in legislation shall be learned and localized. This paper analyzes the development history of welfare enterprises by taking a comprehensive look at the salient points of existing laws, policies promulgated throughout history, implementation and performance, major problems etc. so as to explore the institutional transition from welfare enterprises to social enterprises, revealing possible legal and policy problems and making suggestions.

Successful Social Enterprises in Africa

DEFF Research Database (Denmark)

Thisted, Karen Panum; Hansen, Michael W.

as each constitutes solid evidence of social routes to success at the BOP, they also reveal important dilemmas facing managers who each day are forced to make difficult decisions in order to strike the right balance between achieving both commercial and social goals. Thereby the paper also adds......As part of the greater focus on the role of firms and entrepreneurship in development, spotlight has recently fallen upon so-called ‘social enterprises’. Social enterprises are organizations that operate in the borderland between the for-profit and non-for-profit spheres. The inherent purpose...... of the poverty related development challenges endemic to Sub-Saharan Africa. Hence, this paper presents six tales of social enterprises from the Kenyan BOP, who all have managed to pursue a social agenda while at the same time achieving commercial viability. While the cases contribute to the BOP literature...

New Generation of Social Enterprises

DEFF Research Database (Denmark)

Persson, H. Thomas R.; Hafen, Niklas

Teater Psykbryt is a Work-Integration Social Enterprise (WISE) in Malmö with the aim to create jobs for long-termed unemployed individuals due to different forms of mental illness using improvised theater. The enterprise was established in the spring of 2013 in the legal form of a cooperative eco...

Evaluating the Investment Benefit of Multinational Enterprises' International Projects Based on Risk Adjustment: Evidence from China

Science.gov (United States)

Chen, Chong

2016-01-01

This study examines the international risks faced by multinational enterprises to understand their impact on the evaluation of investment projects. Moreover, it establishes a 'three-dimensional' theoretical framework of risk identification to analyse the composition of international risk indicators of multinational enterprises based on the theory…

77 FR 18277 - Domini Social Investment Trust and Domini Social Investments LLC; Notice of Application

Science.gov (United States)

2012-03-27

... SECURITIES AND EXCHANGE COMMISSION [Investment Company Act Release No. 29984; 812-13971] Domini Social Investment Trust and Domini Social Investments LLC; Notice of Application March 21, 2012. AGENCY... the Investment Company Act of 1940 (``Act'') for an exemption from section 15(a) of the Act and rule...

A framework for social investment strategies

DEFF Research Database (Denmark)

Kvist, Jon

2015-01-01

and multidimensional nature of social issues and social investments. Theoretically, this article establishes such a framework consisting of generational, life course and gender perspectives on social investments. The generational perspective brings out that social investments involve horizontal redistribution......, underpin the productive and reproductive social contract between generations, and the increased diversity within generations. The life course perspective demonstrates how social issues and social investments in one life stage depend on the situation in prior life stages and affect the situation in later...... life stages and, possibly, in multiple dimensions. The gender perspective shows how social investments can improve economic and social returns when gender and ageing over the life course are taken into consideration. Empirically, cross-national patterns indicate a positive relation between social...

Social Enterprise in Higher Education: A Viable Venture?

Science.gov (United States)

Hoefer, Richard A.; Sliva, Shannon M.

2016-01-01

Social enterprise is a burgeoning, although nebulously defined, strategy for linking market-based revenues with social good in nonprofit, for-profit, and public organizations. This article offers a unifying definition of social enterprise, tracks its development throughout traditional sectors, and takes a first step in extending the concepts of…

RESEARCH ON INVESTMENT APPEAL AND COMPETITIVE CAPACITY OF INDUSTRIAL ENTERPRISES OF UKRAINE

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Olena Khadzhynova

2017-12-01

Full Text Available The purpose of the research is an elaboration of theoretical, methodological, and methodical approaches to forming and developing competitive capacity and investment appeal of steel industry enterprises. The achievement of the given purpose has led to the necessity of formulating such scientific research concept, which bottom line is in the relevance of using modern management methods implemented in foreign manufacturing practices. These are innovative economic, technical, organizational, and corporate methods of managing enterprises with the help of developed systems of managing strategic changes in enterprise activities, the steel industry in particular, which will contribute to achieving the high level of effectiveness and competitiveness of domestic business units. The research methodology is based on the combination of theories of managing economic systems in the globalized market economy. The empirical base for the research consists of the works by domestic and foreign scientists on problems of formation and development of strategic change management systems at industrial enterprises, statistical records, companies’ public records in the Internet, data of international information agencies, Ukrainian legislation on regulating economic activity of enterprises. In carrying out the research, such methods were used as: general academic analysis and synthesis, systemic generalization, statistic and correlation analysis (when justifying the directions of development before carrying out the economic analysis of activities of metallurgical enterprises. There is a conclusion that the industry is concentrated and, consequently, long-term trends are quite predictable, but they require additional clarifications, taking into consideration the uncertainty in the modern state of world economy. It is determined that metallurgy development depends on GBP. The analysis shows that the countries with the high GDP level have quite developed metallurgy. One

Evaluation of the Current State of Investment and Innovation Activity of Enterprises in the Real Sector of Ukraine’s Economy

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Andryeyeva Victoriya G.

2016-02-01

Full Text Available The article analyzes the main indicators of investment and innovation activity of enterprises in the real sector of Ukraine’s economy at the present stage. Capital investments in enterprises in the real sector of the economy by types of economic activity and of their structure by source of financing, the largest share of which are own resources of enterprises and organizations, have been analyzed. The main indicators of innovation activity of industrial enterprises and sources of financing of innovation activity have been analyzed. It is noted that the main problems of implementing innovation activity by enterprises in the real sector of Ukraine’s economy is the lack of a high-quality system of financial support, an effective legal framework for attracting foreign investors as well as the insufficient level of development of financial market participants. The authors conclude that the current state of investment and innovation activity of enterprises in the real sector of Ukraine’s economy is characterized by the existence of positive and negative trends, timely evaluation of which will enhance the competitiveness of entities in this sector of economy and ensure their sustainable development

The Social Economy Enterprises in Romania

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Chelariu Gabriel

2017-01-01

Full Text Available The social economy plays an important role at every country and globally. It provides an economic development alternative based on ethical principles - solidarity, democracy, professional and personal development, functioning according to the market economy and independent of the state. The European Parliament attaches great importance to the social economy; through the adoption of a resolution on the social economy, the parliamentarians had in mind both the recognition of organizations in this sector and the promotion of a new economic model centered on social needs. In the context of the social economy, social enterprises are considered to promote innovative behavior in creating new forms of organization and new services, relying on a diverse mix of resources. Social enterprises receive income mainly from commercial activities and less as a result of public funding.

Differentiating the effect of social enterprise activities on health.

Science.gov (United States)

Macaulay, Bobby; Mazzei, Micaela; Roy, Michael J; Teasdale, Simon; Donaldson, Cam

2018-03-01

An emerging stream of literature has focused on the ways in which social enterprises might act on the social determinants of health. However, this previous work has not taken a sufficiently broad account of the wide range of stakeholders involved in social enterprises and has also tended to reduce and simplify a complex and heterogeneous set of organisations to a relatively homogenous social enterprise concept. In an attempt to address these gaps, we conducted an empirical investigation between August 2014 and October 2015 consisting of qualitative case studies involving in-depth semi-structured interviews and a focus group with a wide variety of stakeholders from three social enterprises in different regions of Scotland. We found that different forms of social enterprise impact on different dimensions of health in different ways, including through: engendering a feeling of ownership and control; improving environmental conditions (both physical and social); and providing or facilitating meaningful employment. In conclusion, we highlight areas for future research. Copyright © 2018 The Authors. Published by Elsevier Ltd.. All rights reserved.

Female Directors and Corporate Social Responsibility: Evidence from the Environmental Investment of Chinese Listed Companies

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Feng Wei

2017-12-01

Full Text Available Taking Chinese listed companies in 2008–2015 as the sample, in this paper we test in detail the impact of female directors on corporate environmental investments. Furthermore, we study the impact of female directors on environmental investment in enterprises with different types of ownership and industry attributes. Empirical studies show that when there are only 1 or 2 female directors on the board, no significant impact on the scale of corporate environmental investment can be seen. However, when the number reaches at least 3, female directors have a significantly positive impact on the scale of corporate environmental investment. This confirms critical-mass theory; meanwhile, we find that the empirical results do not indicate any significant correlation when the variable of female directors is measured by the proportion of female directors and the Blau index of gender balance. Further analysis suggests that in state-owned enterprises and enterprises from heavily-polluting industries, the above findings remain true, while in non-state-owned enterprises and enterprises from non-heavily-polluting industries, the above findings prove false, i.e., that the impact of female directors on corporate environmental investment is not significant. The conclusion demonstrates that the impact of female directors on environmental investment varies in enterprises with different types of ownership and industry attributes.

Social Enterprises in Brazil: Socially Produced Knowledge Versus Social Innovation.

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Edileusa Godói-de-Sousa

2013-04-01

Full Text Available This study investigated whether socially produced knowledge in social ventures in Brazil has promoted social innovation and local development. The research is exploratory and descriptive, and was developed in two stages. At first, the sample group was composed of 378 projects selected from the mapping of Solidarity Economic Enterprises, conducted by the National Secretary of Solidarity Economy (Secretaria Nacional de Economia Solidária. The sample was surveyed to verify the main characteristics of these enterprises. After that, interviews were conducted with key managers in a sample of 32 projects. The results indicate challenges in the long path of favoring dynamic learning, with a generation of knowledge from the collective experiences of socialization: there is a lack of joint discussion and a predominance of individualized learning actions.

Conceptualisation of Social Enterprise in the UK: A contemporary perspective

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Walter Mswaka

2015-11-01

Full Text Available The concept of social enterprise is increasingly gaining academic interest worldwide and is increasingly becoming an integral component of the mainstream economies of many countries, including the Unite Kingdom. Despite persistent interest from academics, the concept is relatively underdeveloped inherently complex and there are various aspects of social enterprise that remain largely under researched compared to conventional businesses. Given the advent of globalisation and increased competition social enterprises are under pressure to provide more innovative solutions to social problems that society in the UK faces. Through a comprehensive literature review of social enterprises, this paper scrutinises the evolution of these organisations as they adapt to changes in the environment in which they operates. The discussions show a cultural shift in the conceptualisation and practice of social enterprises in the country.

Social enterprise in the UK homelessness sector: Lessons for Kazakhstan

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Aslan S. Tanekenov

2016-12-01

Full Text Available Kazakhstan’s homelessness social enterprise (SE practitioners tend to argue that core to the SE concept is the idea that this is first and foremost a business whose income generation function enables it to sustain the viability of social projects. A range of important potential lessons for Kazakhstan emerged from work-based SEs in homelessness sector in the UK with respect to SEs’ financial capacity: (a ideally, a SE might make enough trading income to entirely sustain its own activities and cross-subsidise a charitable arm/organisation; (b some SEs might make enough financial resources via trading income to entirely sustain their own activities, but only just enough to “break even” so there was no surplus “profit” to invest in charitable programmes; (c SEs might make some trading income, but this was only enough to cover part of their operational costs, and so the SEs needed some subsidy to invest in social programmes (the cost transfer model; (d some emerging SEs make no trading income (so required all costs to be met via cost transfer. This means that it is unrealistic to expect employment-based SEs at least to be able to reconcile commercial and social goals in any absolute sense (Teasdale, 2012a. Kazakh authorities should, therefore, avoid shifting the entire financial responsibility for the social support component of employment-based SEs in the homelessness field themselves.

Social enterprise and the third sector

DEFF Research Database (Denmark)

Hulgård, Lars

2014-01-01

How does the social economy and social enterprise fit with current strategies in the area of welfare policies and social work? does it promote a certain type of social entrepreneurship as an integral but innovative part of the mainstream market economy endorsed by powerful discourse makers...

Socially responsible investments in mutual funds

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Funaru, M.

2011-01-01

Full Text Available This paper aims to add contribution to the socially responsible investments (from now on called “SRI” research by examining the significance of this type of investment in terms of ethical or financial prior behaviour. Using the sample of European market of socially responsible investments funds, we first explore the SRI market dimension compared to the global data on SRI. We also investigate whether the ethical recognition is more important rather than the financial performance. Applied to the European social responsible investment fund market, the paper investigates the difference between these two aspects of behaviour and underlies the importance of socially responsible investments in promoting a sustainable development.

Social enterprise in health organisation and management: hybridity or homogeneity?

Science.gov (United States)

Millar, Ross

2012-01-01

The purpose of this paper is to reflect on social enterprise as an organisational form in health organisation and management. The paper presents a critique of the underlying assumptions associated with social enterprise in the context of English health and social care. The rise of social enterprise models of service provision reflects increasingly hybrid organisational forms and functions entering the health and social care market. Whilst at one level this hybridity increases the diversity of service providers promoting innovative and responsive services, the paper argues that further inspection of the assumptions associated with social enterprise reveal an organisational form that is symbolic of isomorphic processes pushing healthcare organisations toward greater levels of homogeneity, based on market-based standardisation and practices. Social enterprise forms part of isomorphic processes moving healthcare organisation and management towards market norms". In line with the aim of the "New Perspectives section", the paper aims to present a provocative perspective about developments in health and social care, as a spur to further debate and research in this area.

The Investment Model for the Intensive Development of Ukrainian Enterprises in the Agrarian Sector

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Kulynych Yurii M.

2017-06-01

Full Text Available The article proposes an investment model for the development of Ukrainian enterprises in the agrarian sector, which is one of the «locomotives» of the domestic economy. However, only by creating high value-added can be expected sustainable economic development both as an economic entity and as a whole economy of country. A long-term partnership with the advanced economies of the world is another key prerequisite for sustainable economic development. The article explores a potential Norwegian market in the context of the consumption of agriproducts as fodder for aquaculture, as well as Ukrainian agrarian market. Ukraine’s competitive advantages in the market for food ingredients for fish in Northern Europe have been formulated. The results of the study point to the high potential of soybean protein concentrate (SPC for the Norwegian market and, in turn, the great prospects for Ukraine in this market as a leader in the European soya growing. Measures that will facilitate the establishment of strong economic ties between Ukrainian agrarian enterprises and the markets of the developed countries have been determined. An investment model for the intensive development of Ukrainian enterprises in the agrarian sphere has been formed.

The challenges faced by social enterprises in North West England

OpenAIRE

Mulvey, Gail

2015-01-01

On 9th February 2015, a questionnaire was sent out electronically to all businesses in Cumbria and Lancashire that appeared to be social enterprises. The database of email addresses of these businesses was compiled using regional databases such as the Cumbria Social Enterprise Partnership http://www.socialenterpriseincumbria.org/A_to_Z_of_Enterprises, social media and previous UnLtd award winners. The project manager also took printed questionnaire surveys to events in Cumbria (Cumbria Social...

Social Investment in Times of Crisis

DEFF Research Database (Denmark)

Prandini, Riccardo; Orlandini, Matteo; Guerra, Alice

The purpose of this report is to analyse and understand whether and how, in the last twenty years, the EU member countries have adopted welfare systems which incorporate aspects of social investment. The quantitative and comparative study is focused on social investment strategies across 28...... European member states. The aim is to map out and explore the effectiveness of different social investment strategies. An overview of macro-level welfare performance indicators consist of a review of available macro-indicators to assess welfare performance in the light of social investment decisions....

The Development of Organizational Sustainability in Social Enterprises

DEFF Research Database (Denmark)

Hernandez Chea, Roberto Roderico

, support disadvantaged groups of people to tackle their social problems such as, for example, poverty or lack of employment opportunities and, on the other hand, generate revenue from commercial activities to sustain their operations. Social enterprises may involve public and private members as founders...... with different demands and interests that translate into different management challenges. Such challenges may sometimes threaten the development of organizational sustainability and therefore the ability of social enterprises to continue operating in the long-term. This thesis aims to investigate this issue......, leveraging on a behavior perspective to study the development of organizational sustainability in social enterprises that involve public and private members as collaborating founders. In particular, the four scientific articles that consolidate the thesis provide insights into the management dimensions...

FINANCING OF FIXED ASSET INVESTMENT IN THE SMALL AND MEDIUM-SIZED ENTERPRISES IN POLAND

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Beata Geruzel-Dudzińska

2016-03-01

Full Text Available Small and medium-sized enterprises play an important role in the economy, creates, because a significant part of GDP, provides employment to many millions of people. One of the main barriers to the development of these enterprises, not only in Poland but also in EU countries, is the scarcity of equity and the difficulty in obtaining external sources of financing. It is not just about lack of funds to finance current operations, but also, and perhaps above all, lack of investment in fixed assets. This paper aims to present available sources of financing of fixed assets for enterprises from the SME sector and the assessment of their use by these companies.

The Impact of Public Capital Investments on the Revenue Growth of Medium Enterprise in Indonesia

OpenAIRE

Tirtosuharto, Darius

2012-01-01

Public capital investment represents the role of state and local governments in supporting greater capacity of private enterprises to gain success in a market economy measured by revenue growth. Medium enterprises are considered as the catalysts for economic growth and competitiveness particularly in developing countries due to efficiency and flexibility in an adverse economic environment. Using aggregate data of 30 states (provinces) in Indonesia from 1997-2002, the impact of public capital ...

The impact of the 2009 value added tax reform on enterprise investment and employment ‐ Empirical analysis based on Chinese tax survey data

NARCIS (Netherlands)

Wang, D.

2013-01-01

This paper uses the "National Tax Survey" enterprise data to assess the impact of China's nationwide VAT reform of 2009 on enterprise fixed-asset investment and employment. The main finding of our research is that the reform significantly increased business investment in fixed assets, but had no

Verification of a investment appeal assessment technique of the IT introduction project at the hi-tech knowledge-intensive enterprise

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E. V. Shkarupeta

2016-01-01

Full Text Available Need of an assessment of investment appeal of projects, according to authors, is caused also by the fact that the investment project is the independent object of the analysis entering the general program of development, both the knowledge-intensive enterprise, and economy in general. Results of the investment analysis allow the potential owner to determine the term necessary for return of originally invested sum, to calculate real increments of assets from acquisition of property, to estimate potential stability to risks of the cash flow formed by concrete object of property. In article features of an assessment of investment appeal of innovative projects on introduction of information technologies are considered. Methodical approach to innovative development of the knowledge-intensive enterprise is created. Within this approach the main evaluation stages are defined, approaches to an assessment of a discountrate of the IT and innovative project are specified, calculation of key indicators of investment appeal of the innovative project is made. The offered assessment procedure of investment appeal of the investment project of introduction of information technologies will allow the enterprise to choose an optimal variant of implementation of IT solutions which will give the chance to solve the problems revealed during an assessment of his activity. Research is based on the theoretical and methodological provisions, classical and modern fundamental concepts which are contained in works of classics of economic and administrative science and also the domestic and foreign scientists working in the field of the organization and management, the organization and management of innovative development of the knowledge-intensive enterprises. For the solution of the tasks set in article the complex of scientific basic and applied theories, approaches and methods has been used, namely: theory of systems and system analysis, theory of management, theory of

ASSESSMENT OF INVESTMENT APPEAL OF THE ENTERPRISE ON THE BASIS OF THE RATING INDICATOR

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Светлана Рахимовна Макуева

2013-09-01

Full Text Available Nowadays, in order to maximize the investing efficiency, every investor should have the ability to value an investment appetite for the investment object in a short time. This article is about the method of analysis based on a rating system, allowing profit-making organizations and banks not only to carry out a comprehensive analysis of the efficiency of economic activities and financial performance of an economic entity, but also to rank multiple entities of certain industry, in compliance with specific goals and objectives. This method considers the interests of both lending agencies and institutional investors, which is a scientific novelty in analysis of investment appetite for the enterprises.DOI: http://dx.doi.org/10.12731/2218-7405-2013-6-36

Using of CBA Method for Evaluation of the Investments in the Link with Social Responsible Business

Science.gov (United States)

Mrvová, Ľubica; Vaňová, Jaromíra

2012-12-01

The paper presents knowledge from the area of economic efficiency assessment of the environmental investments, in the link with environmental management with context of social responsible business and their mutual connection, on the base of CBA method. CBA method creates basis for the software CBA1.1, which was created for the needs of business practise for the small and medium enterprises in the Slovak Republic.

Correlation between social responsibility and efficient performance in Croatian enterprises

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Neda Vitezić

2011-12-01

Full Text Available The objective of the research is to establish if there is a correlation between efficiency and socially responsible business performance in Croatian enterprises. The research is based on the hypothesis that higher corporate efficiency affects social responsibility development in enterprises and vice versa, that socially more responsible corporate performance have a positive effect on efficiency. In their research, many authors have proved the correlation between social responsibility and financial performance, reputation of the enterprise and added value. Cases from transition countries, which transferred to market economy and focused on socially responsible management and sustainability, have not been the subject of research. The social responsibility concept implies balance between economic, ecological and social goals, which means distribution of assets on several actors, so it may be predicted that more efficient enterprises will sooner accept the sustainability concept and act more responsibly. Except for theoretical social responsibility hypothesis, the initial point in the empirical section is dynamic analysis of business activities of Croatian entrepreneurs in the period between 1993 and 2010, on the basis of which a sample of enterprises was chosen, which submit transparent reports on social responsibility. The main result obtained by univariate analysis confirms that socially more responsible enterprises have better financial results, i.e. they are more efficient, and also have better reputation. The research also had limitations in relation to qualitative determination of the social responsibility impact on efficiency. The conclusion is derived that there is a causal relationship between efficiency and social responsibility, i.e. higher efficiency level enables higher allocation of resources with the purpose of socially more responsible corporate performance and vice versa; socially responsible corporate performance have an impact on

FEATURES OF AN ESTIMATION OF INVESTMENT PROJECTS AT THE ENTERPRISES OF AVIATION INSTRUMENT

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Petr P. Dobrov

2016-01-01

Full Text Available The relevance of this study due to the fact that the current situation in Russia is complemented by the negative effects of market reforms in the economy and economic sanctions adopted against our country and in particular the different level companies. In view of this, to effectively manage the activities and the development of aviation instrument companies and enterprises of different ownership forms are highly relevant issues related to the assessment of investment projects. The general crisis that engulfed almost all industry in Russia, demanded the application of a new ideology of the organization and management of investment projects, as well as their assessment at the enterprises of aviation instrument. In Russia, began a new stage in the development of project management establishment of a domestic methodology, complex tools and training for professional project management on the basis of domestic achievements, global experience and creativity of its processing based on the actual conditions of our country. The need for the use of project management methodology in Russia is determined by two factors: the increasing complexity of projects and the organizations that operate them, and the fact that project management is widely used in countries with market economies. Projects at the enterprises of aviation instrument making and evaluation are characterized by complexity and uncertainty, a significant dependence on the dynamic environment, including socio-economic, political, financial, economic, legislative influence of both the state and competing companies. In this paper, a study of modern methods of evaluating investment projects at the enterprises of aviation instrument. Methodology. The methodological basis of this paper appeared comparative and economic-mathematical analysis methods. Results. As part of the presentation of the present article the author, it was found that the activity of modern companies is not linear and is

Social Enterprise and the Third Sector

DEFF Research Database (Denmark)

The concepts of social enterprise and social entrepreneurship are attracting rapidly increasing attention from academic spheres and policy-makers as well as from field workers who are setting up new initiatives or reshaping their organizations. This book presents the more comprehensive set...

Social Enterprise in Public Governance. The Early Stage for the Romanian Case

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Corina-Georgiana Antonovici

2015-12-01

Full Text Available Social enterprise is considered a viable alternative in satisfying social needs and an essential actor within the process of reforming and developing the public sector. The hybrid type of organization (adopting business methods to satisfy social needs characterizes the social enterprise as a complex entity at the cross-roads of public, private and non-profit sectors. Therefore, debates on specific paradigms for social enterprises were extremely challenging for scholars. The main paradigms identified within the literature were the New Public Management (the British literature and the Public Governance (the Italian literature. This paper adopts the paradigm of public governance. The main argument is that public governance paradigm reveals the necessity of elaboration and reconsideration of previous public policies, by developing innovative relational models in cooperation with the third sector (Meneguzzo et al., 2006. In this regard, authors address to the problem of insufficient interest of the Romanian local public authorities in involving social enterprise in local governance. The paper aims at a demonstrating that there is a strong connection between local governance and social enterprise and b identifying the current stage of interconnecting local governance and social enterprise in Romania. Firstly, there will be elaborated an analysis of literature and specific studies and reports at E.U. level on four important dimensions – policy dialogue, producing and providing public goods and services, finances and social matters. Secondly, there will be elaborated an analysis of the current legislative directions applied to the intervention of social enterprise at local level, related to the four dimensions mentioned-above. Thirdly, the authors should be able to contribute with important discussions on how social enterprise can represent a keyactor in public governance strategies. The research methodology consists of both qualitative and

Social entrepreneurship and the mobilization of social capital in European social enterprises

DEFF Research Database (Denmark)

Hulgård, Lars

2006-01-01

Artiklen diskuterer på baggrund af en stor komparativ europæisk undersøgelse anvendelsen og produktionen af social kapital i europæiske eksempler på socialt entreprenørskab (European social enterprises)...

ASSESSMENT OF EFFICIENCY OF INVESTMENTS INTO THE ENTERPRISES OF DEFENSE INDUSTRY COMPLEX

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S. Sitnikov

2016-01-01

evaluating the eff ectiveness of the investment project as a whole, characterizing, from an economic point of view technical, technological and organizational design decisions.Methodology. In methodological terms, this work represents the justifi cation of the principles of modern control theory, allows to evaluate the dynamic changes in the economy of an industrial enterprise. On the basis of comparative-comparative analysis of identifi ed approaches to the regulation of the industrial production of high-tech enterprises of the military-industrial complex.Results. As a result of the execution of this work describes the economic-mathematical model of innovative development of enterprises engaged in research and development activities and having experienced the production.Conclusions / relevance. Practical application of the results of this work will allow the enterprises of the military-industrial complex to plan for sustainable and innovative development and increase the effi ciency of their activities in the following areas: ensuring independence from commercial interests by maintaining the state monopoly on the strategic aspect of the military-industrial complex; maintenance needs competition in the sphere of production, primarily high-tech civilian and military products, on the one hand, will not allow unreasonably infl ate the cost; on the other hand, will limit the growth of prices for the related enterprises (including commercial enterprises; promoting investment of enterprises at the expense of growth of own funds and of attracting additional sources of funding; expand the range and the range of produced military and civil products, including through various forms of optimization (diversifi cation activities.

A Study on the Publishing of Environmental Investments in the Enterprise Sector Using the Social Balance.

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Júlio Luiz Cadete da Silva

2015-01-01

Full Text Available In recent years the interest of the society in knowing the true investments of the companies in social responsibility and environment has been frequent. One of these examples can be observed by knowing of the Business Charter for Sustainable Development of the International Chamber of Commerce (ICC, divulged in 1991, that suggests some actions that the companies must take in order to be prepared for the new reality originated from environment issues. Being thus, the concern with the environment, boasted in all the spheres of the society, gave space to two subjects of great repercussion in internal and external environments of the organizations: the social responsibility and the concern with the environment. In this context, the demonstration that can supply stakeholders with environment information is the social balance, that has as objective to demonstrate the result of the interaction of the company with the environment. Based on the above considerations, the question which we can make is: in spite of all the persistence of society, can we say that the companies have gradually increased their investments related to environment? This subject is justified by the fact that the companies have used the applications in environment and social responsibility for marketing purposes; however, the applied values and their true involvement adding this information to their financial demonstrations can only be identified by occasion of these publications. The objective of this work was to research the number of companies which had published information of social and environmental nature, in 2005 and 2006, by means of social balance, and afterwards, to verify the behavior of the environmental pointers which were divulged in the mentioned balances and were related to production. The present work was developed by means of documentary and descriptive research and was based on the published financial demonstrations in specific media. In reply to the research

The Improvement of the Methodological Approaches to Calculating the Payback Period for Investment in order to Estimate Expenses on Establishing the Economic Security Service of an Enterprise

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Melikhova Tetiana O.

2018-03-01

Full Text Available The aim of the article is to improve the methodological approaches to calculating the payback period for investment in order to determine the payback period for expenses on establishing the economic security service of an enterprise. It is found that the source of payback of investment at the enterprise level is cash flow product. These revenues (the result go to formation of a cash flow (expenses used to finance investment and financial activities. There proposed methods for determining the gross, net, actual, and specified payback periods for advanced investments in the long-term, which use the accumulated product of cash flow or accumulated cash flow as a source of financing. Analytic relationships between the gross, net, current, and specified payback periods for advanced investments that take into account the relationship between the accumulated gross, net, current and specified cash flows are proposed. The considered options for payback of advanced investment at the enterprise level will provide an opportunity to develop methods for determining the payback period for expenses on establishing the economic security service of an enterprise.

Enterprise Social Media Influence on Organizational Practice

DEFF Research Database (Denmark)

Dyrby, Signe

This paper explores the introduction of Enterprise Social Media into organizational practices. The investigation draws on Foucault’s perspective of dispositif analysis as an approach to analyzing and understanding the influence of technology on organizations. The dispositif analysis is pursued...... through the illustration of an organization implementing an enterprise social media technology for the practice of knowledge management. In the analysis two dispositifs are considered, a dispositif of hierarchy and a dispositif of network. A discussion is carried on the dispositif analysis as a method...... including opportunities and limitations. It is argued that allowing for the analysis of historically formed dispositifs can add to our way of understanding the influences of technology on the social order of organizations....

Based on Fuzzy Comprehensive Evaluation Method The Investment Risk Assessment of Chinese Enterprises in The Countries Along “The Belt and Road”

Science.gov (United States)

Chen, Yanyu; Chai, Huaqi; Huang, Yimiao

2018-01-01

“Belt and Road Forum for International Cooperation” held in Beijing in May this year. once again, “The Belt and Road” strategic initiative to the world, causing the world’s enthusiastic response. The core of the “One Belt, One Road” strategy initiative is to promote infrastructure construction and interconnection, dock national policies and development strategies, deepen pragmatic cooperation, promote coordinated and coordinated development and achieve common prosperity. With the “The Belt and Road” strategy in-depth, Chinese enterprises will go abroad, in the countries along the country to invest in more and more examples, accompanied by the increasing risk. Analysis of the failure of investment cases, we can easily find that this is the majority of enterprises overseas investment in the lack of careful assessment of risk and risk of foreign investment risk management has a great relationship. In this paper, the risk factors are used to identify the risk factors table, and the fuzzy comprehensive evaluation method is used to estimate the comprehensive risk value of many uncertain factors that cannot be determined by the overseas investment. The risk assessment system is constructed to help Chinese enterprises to follow the " Investment to avoid risks, improve the success rate.

Inferring social status and rich club effects in enterprise communication networks.

Science.gov (United States)

Dong, Yuxiao; Tang, Jie; Chawla, Nitesh V; Lou, Tiancheng; Yang, Yang; Wang, Bai

2015-01-01

Social status, defined as the relative rank or position that an individual holds in a social hierarchy, is known to be among the most important motivating forces in social behaviors. In this paper, we consider the notion of status from the perspective of a position or title held by a person in an enterprise. We study the intersection of social status and social networks in an enterprise. We study whether enterprise communication logs can help reveal how social interactions and individual status manifest themselves in social networks. To that end, we use two enterprise datasets with three communication channels--voice call, short message, and email--to demonstrate the social-behavioral differences among individuals with different status. We have several interesting findings and based on these findings we also develop a model to predict social status. On the individual level, high-status individuals are more likely to be spanned as structural holes by linking to people in parts of the enterprise networks that are otherwise not well connected to one another. On the community level, the principle of homophily, social balance and clique theory generally indicate a "rich club" maintained by high-status individuals, in the sense that this community is much more connected, balanced and dense. Our model can predict social status of individuals with 93% accuracy.

SUPPORTING TOOLS FOR SOCIAL ENTERPRISES EXISTENT AT EUROPEAN LEVEL

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PIRVU DANIELA

2015-03-01

Full Text Available This paper aims to present the elements of novelty in the documents and acts issued by the representative institutions of the European Union in order to support social enterprises. The paper also analyzed the actions taken to date to implement the plan of measures proposed by the European Commission to stimulate the development of social enterprises.

China's energy saving potential from the perspective of energy efficiency advantages of foreign-invested enterprises

International Nuclear Information System (INIS)

Jiang, Xuemei; Zhu, Kunfu; Green, Christopher

2015-01-01

The paper investigates the energy saving potential associated with firm ownership-related differences in energy efficiency such as those between domestically and foreign-owned firms. Because of a gap in official statistics this topic has barely been touched upon in the scholarly literature. This paper employs a new energy input–output table that distinguishes firm ownership (Chinese owned enterprises, COEs; and foreign-invested enterprises, FIEs) and trade mode (export processing and normal goods production) to analyze the energy efficiency advantage of FIEs in China in 2007. The results show that the total energy intensities of COEs in the industrial sector are generally 5%–35% higher than that of FIEs across industry groups. At an aggregate level, China could save up to 20.3% of its energy use, if industrial COEs could duplicate the energy use efficiency and production technology of FIEs. This gain would require major technology upgrades among COEs. - Highlights: • A new input–output table distinguishing firm ownership and trade mode is employed. • The foreign-invested enterprises are 5%–35% energy efficient than Chinese enterprises in 2007. • China could save 20.3% of energy use if industrial COEs could duplicate the technologies of FIEs

HUMAN RESOURCES ACCOUNTING ACCOUNTING FOR THE MOST VALUABLE ASSET OF AN ENTERPRISE

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Motoniu Ioan Dumitru

2010-12-01

Full Text Available Employees are the most important assets of an enterprise and its success or failure depends on their qualifications and performance. Human resources are not properly evaluated because the enterprises consider the wages, actually an investment in the qualification and improvement of the staff as expenditure and and not as an investment in the most important asset of an enterprise the human capital. The current accounting system is not able to provide the actual value of employee capabilities and knowledge. This indirectly affects future investments of a company, as each year the cost on human resource development and recruitment increases. Human resource accounting is a direct part of the social accounting and aims to provide information on the evaluation of one of the most important components of the organization, namely human capital. This article seeks to show the importance of human resources for an enterprise, what human resource accounting is, which would be its implications and what are its main objectives.

A Cash Waqf Investment Model: An Alternative Model for Financing Micro-Enterprises in Malaysia

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Jarita Duasa

2016-02-01

Full Text Available This study was designed to empirically determine: (i to look the factors causes micro enterprises opt for using internal funding instead of external funding; and (ii to observe the probability of micro enterprises opt for Cash Waqf fund as alternative source of funding their business. The primary data is collected from the administered survey questions in Klang Valley (Selangor and Kuala Lumpur and the analysis is conducted using statistical analysis and Structural Equation Modeling (SEM. The model is validated its acceptance in the field by adopting the Theory of Reasoned Action (TRA. From the findings, among the factors that lead micro enterprises to use internal funding are strict collateral requirement by commercial financial institutions, high cost of financing, strict documentation requirement and good financial and business track record. Unfortunately, most of them cannot fulfill these conditions and continue to face the problem of accessing finance. The present study has developed the Cash Waqf Investment model to support micro enterprises to improve their access to finance and enhance the skills. Based on the responses received from the field, it has been shown that the intention and readiness of micro enterprises in accepting the model as a source of financial and human capital development services is impressive.

THE SOCIAL ENTERPRISE IN ROMANIA. AN EUROPEAN PERSPECTIVE ON THEIR CURRENT SITUATION

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Vinke Joop

2012-12-01

Full Text Available The current paper is aimed at identifying the social enterprises according to EMES criteria by investigating the social economy actors in Romania. As an emerging field of study, social entrepreneurship and social enterprise have captured the attention of both practitioners from Europe and North America, and in recent years on other continents. In Romania, very little research has been conducted into the field, mostly as part of academic research papers from doctoral study students or masters, both from Romania and abroad. In Europe, several studies have been conducted among member state of the European Union, to bring to light this new emerging field.. Investigations in regard to social entrepreneurship in Europe have revealed the existence of this field among social economy actors, in the form of social enterprise, namely work integration social enterprises and social cooperatives. So far, Romania has not been included in them This papers tries to fill the gap of knowledge on this phenomena, by exploring, from a European perspective, the actors of social entrepreneurship in Romania. The methodology used was an analysis of secondary data in the form of legal documents (laws, reports of the social economy sector and scholarly articles related to social entrepreneurship in Romania. The assessment instrument is the EMES set of economic and social criteria that the social enterprises need to meet. Also, parallels have been made with the entities of the same nature in the European Union. The paper concludes on the state of social enterprise in Romania, with an underline on what its and implications for their further study. As main finding, two types of organizations fit best with the EMES criteria, authorized protected units and companies set up by associations and foundations. Also, further developments are expected as Romania is preparing for a law defining the social enterprise and social economy. The main implications of this research is drawing

Analyzing the Investment Behaviour of Households at the Microlevel

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Lepeyko Tetyana I.

2017-10-01

Full Text Available The article is aimed at analyzing the characteristics of the investment behaviour of households at the microlevel. Essence of the investment behavior of of households was considered, substantiating that it differs in relation to the social indicators of households as well as to their income and costs. In order to analyze the investment behavior of households at the microlevel, it was proposed to conduct an expert survey of economic agents (staff of enterprises, private entrepreneurs, etc.. Using the hierarchy analysis method, it has been substantiated that the most appropriate method for the selected criteria (minimizing the time and cost of the survey, improving the truthfulness and completeness of the responses is the anonymous respondent survey. To implement this method, a list of questions was proposed that would allow to analyze the social indicators of households, structure of their incomes and costs. On the basis of the survey conducted at the enterprises of Kharkiv region, the main prerequisites for a possible improvement of the microlevel investment behavior of households have been identified.

An Agent-mediated Approach to Promote Knowledge Sharing Through Enterprise Social Networks

NARCIS (Netherlands)

Van Splunter, S.; Sedighi, M.

2013-01-01

Broadening adoption of social network tools within the enterprise suggests a new and valuable source for insight into the social structure through organizations. While online social media tools are being evolved by enterprises in recent years, the social media are used much for knowledge sharing.

The Mobile Application Social Mode of Manufacturing Enterprise under the Environment of Mobile Internet

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Zuo Cen

2017-01-01

Full Text Available The rapid development of the mobile internet, mobile communication technology and mobile terminal stimulate demand of mobile application in manufacturing enterprises, which makes the enterprise implement the mobile ERP. The implementation of mobile ERP changes the internal application management of manufacturing enterprises to social applications. We analyse the driving factors of implementing the mobile application social mode considering the complexity of organization relations and business processes of manufacturing enterprise. And then the mobile application social mode of the manufacturing enterprise is built based on mobile internet. Finally, we present the management strategies of the mobile application social network to provide references for the manufacturing enterprise.

The Social Responsibility of Enterprises

DEFF Research Database (Denmark)

Rosdahl, Anders

. In the paper both common sense conceptions, sociological and economic perspectives are indicated. The conclusion is that the research program must take a social and labour market oriented conception as its point of departure and that both rational choice and cultural perspectives should be considered...... to explain enterprise behaviour....

New Generation of Social Enterprises

DEFF Research Database (Denmark)

Persson, H. Thomas R.; Hafen, Niklas

Yalla Trappan is a Work-Integration Social Enterprise (WISE) dealing with labour market introduction for newly arrived immigrant women in the city of Malmö. A significant feature of a WISE is that it provides job opportunities for long-term unemployed individuals who have little or no prospects...

The Impact of Corporate Social Responsibility on the Investment Attractiveness of the Russian Companies

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Natalia Removna Kelchevskaya

2017-03-01

Full Text Available Investigation of the impact of corporate social responsibility (CSR and environmental responsibility on the economic performance over the past decades has shown that the implementation of CSR is one of the key drivers of value creation. Disclosure of social policy is one of the key CSR areas, it reduces information asymmetry and also contributes to the company’s reputation, decreasing uncertainty and risk in the assessment of the internal environment. This study shows that the disclosure of CSR information is able to increase the investment attractiveness of companies, and reduce the cost of equity. In the last decade, Russian industry has accumulated considerable positive experience in the implementing and positioning of corporate social responsibility (CSR technologies, which has yet to be assessed. In this paper, we used the sample of social reports of 18 Russian companies in the period from 2004 to 2014. The authors provided content-analysis of information disclosure dimensions including staff training, social policy, charity and environmental responsibility. In contrast to other studies, the results show a comparatively moderate impact of disclosure on the cost of equity capital. Also, we found that different dimensions of the disclosure have an ambiguous impact on the investment attractiveness of companies. Our results allow formulating practical recommendations for the management of metallurgical, oil and gas Russian companies to increase their investment attractiveness, in particular, a prudent choice of CSR information for disclosure. The study is unique for the Russian practice of evaluating the effectiveness of CSR, as it is based on a sample of the largest industrial enterprises

Cooperatives as a social enterprise in Italy: a place for social integration and rehabilitation.

Science.gov (United States)

Savio, M; Righetti, A

1993-10-01

This article analyses the history and development of an integrated cooperative established in 1981 in northern Italy. Integrated cooperatives, otherwise known as social enterprises, are among the most interesting activities developed in the area of social assistance and rehabilitation in recent years in Italy. In particular, they acquired relevance in the care of mentally disordered people by providing them with job opportunities, which is an important rehabilitative and integrative factor. The aim of social enterprises is two-fold. They have the economic goal of offering remunerative work just as any other commercial enterprise, as well as the social mandate of promoting the physical, social, and mental health of their members. A positive coexistence between market competition and rehabilitation is therefore constantly pursued. This research aimed at analysing the working and social experience of people employed by the cooperative during its 10-year life. The study was limited to those who had a social or health problem when entering the cooperative. The investigation was promoted by cooperative members, who felt the need to document their experience and to undertake initiatives towards evaluating the rehabilitative value of the social enterprise. The results show that cooperative members come from different marginalized areas of social and health distress, of which the two largest are social service users and psychiatric service users. There is a noticeable turn-over rate, which underlines one function of the cooperative as being a transitional working context from which users can gain access to other more rewarding job opportunities in the labour market.

New Generation of Social Enterprises

DEFF Research Database (Denmark)

Persson, H. Thomas R.; Hafen, Niklas

Organic Without Borders (OWB) is a social enterprise dealing with ecological city farming in Malmö. It was founded in 2014 in the legal form of a not-for-profit association with the aim to develop and support methods for sustainable city farming in Sweden, thus mainly in Sweden. Accordingly, the ...

Influence Determination of Social Responsibility to the Productivity Enterprise Activity Level

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Sergii Kavun

2016-07-01

Full Text Available The purpose of this paper is to develop a scientific and methodical approach for determination of the comprehensive social responsibility indicator in this paper based on estimation of influence degree for the economical, ecological, social and labour, standard and legal components. There is allowance for determining of some level of enterprise social responsibility. In addition, there is a basis for development some ways of their increasing. The essence of the used approach is clotting of the individual indicators set to four intermediate indicators of the economic, ecological, social and labor, standard and legal components, which can be boiled down to the generalizing activity productivity indicator based on the matrix and range approach. An economical and mathematical model of the social responsibility influence level to the enterprise activity productivity level, which is based on enterprise propose harmonization with the participants’ interests, was being built. The paper proposes the mathematical model, which allows detecting a necessary time period for enterprise activity productivity ensuring due to social responsibility implementation.

Hong Kong-Ideal Access For Mainland Enterprises

Institute of Scientific and Technical Information of China (English)

Guo Yan

2009-01-01

@@ With the deepen economic integration between mainland China and Hong Kong SAR,more and more mainland enterprises choose Hong Kong as their platform to enter the international market.At the end or 2008,more than 3,800 mainland enterprises have invested in Hong Kong with the total amount of US$20.7 billion;and mainland enterprises collected the investment in Hong Kong has reached the scale of 22.1 billion HKD.In March of 2009,The Management Method of Investment Abroad issued by Ministry of Commerce also provides the great convenience for mainland investors.China's Foreign Trade invited Ms.Wong Hoi Wan,Charmraine,Associate Director-General of Invest HK to introduce HK investment environment,the development of mainland enterprises in Hong Kong as well as the investment perspective.

Social Enterprises and Employment: Mainstreaming SMEs and Employment Creation

OpenAIRE

Lanzona, Leonardo Jr. A.

2015-01-01

This paper argues that mainstreaming small and medium enterprises (SMEs) and social enterprises (SEs) into various international treaties will require the assumption of positive externalities, which markets cannot fully evaluate. To show this, the possible influence that SEs may have on SME development and, eventually, on employment will be discussed. SEs are small- and medium-sized commercial businesses providing valuable social service to customers and sustainable jobs and training for up t...

Policy framework and legal forms of social enterprise in Central and Eastern Europe

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Staicu Daniela

2017-07-01

Full Text Available In Central and Eastern European countries, the transition to a market economy stimulated civil society initiatives that in the past had been either discouraged or had become part of the Communist state system, and opened new pathways to entrepreneurial initiatives. The 1990s was an open window to the creation of a significant number of non-profit organizations, including the pioneering establishment of the first social enterprises. When these countries became members of the European Union, the process of legal institutionalization of social enterprises started to be discussed and has taken place at various stages. The purpose of this paper is to provide a comprehensive overview of the policy frameworks and the legal forms and of social enterprises in eight countries: Bulgaria, Croatia, the Czech Republic, Hungary, Poland, Romania, Slovakia, and Slovenia. The research seeks to determine the extent to which the development of national policy frameworks influences the development of legal forms under which social enterprises operate. For the purpose of this analysis, data were collected from relevant to this subject country reports, studies, laws released between 2009 and 2016. The research shows that European social enterprises are often ‘hidden’ among existing legal forms either as associations and foundations with commercial activities, cooperatives serving general or collective interests and mainstream enterprises pursuing an explicit and primary social aim. Further research needs to be done to determine the potential for growth of entities operating as associations and foundations with commercial activities. Furthermore, the research concluded that the countries with specific laws on social entrepreneurship generate 61 % of the social economy activity in Central and Eastern European countries. Further research needs to be done to determine if introducing a social enterprise specific legal form, will stimulate the development of the

Guidelines for integrating socially responsible investment in the investment process

NARCIS (Netherlands)

de Graaf, F.J.; Slager, A.

2009-01-01

Socially Responsible Investment (SRI) is of growing importance for institutional investors. Our analysis shows that SRI strategies can be grouped in ethically-based, investment-driven and value-ensuring objectives. We demonstrate that this categorization strengthens decisionmaking in SRI. Based on

The generation and re-generation of social capital and enterprises in multi-stakeholders social cooperative enterprises: a system dynamic approach

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Claudio Travaglini

2012-09-01

Full Text Available Theories on social capital and on social entrepreneurship have mainly highlighted the attitude of social capital to generate enterprises and to foster good relations between third sector organizations and the public sector. This paper considers the social capital in a specific third sector enterprise; here, multi-stakeholder social cooperatives are seen, at the same time, as social capital results, creators and incubators. In the particular enterprises that identify themselves as community social enterprises, social capital, both as organizational and relational capital, is fundamental: SCEs arise from but also produce and disseminate social capital. This paper aims to improve the building of relational social capital and the refining of helpful relations drawn from other arenas, where they were created and from where they are sometimes transferred to other realities, where their role is carried on further (often working in non-profit, horizontally and vertically arranged groups, where they share resources and relations. To represent this perspective, we use a qualitative system dynamic approach in which social capital is measured using proxies. Cooperation of volunteers, customers, community leaders and third sector local organizations is fundamental to establish trust relations between public local authorities and cooperatives. These relations help the latter to maintain long-term contracts with local authorities as providers of social services and enable them to add innovation to their services, by developing experiences and management models and maintaining an interchange with civil servants regarding these matters. The long-term relations and the organizational relations linking SCEs and public organizations help to create and to renovate social capital. Thus, multi-stakeholder cooperatives originated via social capital developed in third sector organizations produce new social capital within the cooperatives themselves and between

Social Enterprise with International Impact: The Case for Fair Trade Certification of Volunteer Tourism

Science.gov (United States)

Mdee, Anna; Emmott, Richard

2008-01-01

Social enterprise and fair trade are seen increasingly as redefining capitalist relationships through revaluing social impact and ownership in enterprise activities. One of the dilemmas in such activities is the tension between operating a viable and commercially-sustainable enterprise and maximising social and developmental impacts. This article…

The Behavioral Intention of Micro Enterprises to Use the Integrated Cash Waqf Micro Enterprise Investment (ICWME-I Model as a Source of Financing

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Mohamed Asmy Mohd Thas Thaker

2016-08-01

Full Text Available This study is designed to examine the behavioural intention of micro enterprises to use the Integrated Cash Waqf Micro Enterprise Investment (ICWME-I model as a source of financing in Malaysia. The primary data are collected from the survey administered to micro entrepreneurs in the Klang Valley and the analysis is conducted using Structural Equation Modeling (SEM. Furthermore, the model has validated its acceptance in the field by adopting the Theory of Reasoned Action (TRA. This study has revealed that both the attitude and subjective norms are found to have a positive impact on the intention of micro entrepreneurs to use the ICWME-I Model in the context of Malaysia.

From "Charity" to "Social Enterprise": Managing Volunteers in Public-Serving Nonprofits.

Science.gov (United States)

Zappala, Gianni

2001-01-01

The changing environment has shifted the model of nonprofit organizations from charity to social enterprise, which emphasizes partnerships with business and government. Approaches to volunteer management, recruitment, retention, and recognition are different in social enterprises, and a move beyond human resource management practices is required.…

PELAPORAN CORPORATE SOCIAL RESPONSIBILITY PERBANKAN SYARIAH DALAM PERSPEKTIF SYARIAH ENTERPRISE THEORY

OpenAIRE

Syuhada Mansur

2011-01-01

This study aims to analyze the reporting of corporate social responsibility (CSR) in Islamic banking based on concept of sharia enterprise theory. The research was done by analyzing how the Bank Syariah Mandiri (BSM) reported their corporate social responsibility . This study uses a case study of annual reports BSM and then analysis based on the disclosure of social responsibility based on sharia enterprise theory. These results show that the social responsibility reporting of Bank Syariah...

Social investment in the globalising learning economy

DEFF Research Database (Denmark)

Lundvall, Bengt-Åke; Lorenz, Edward

2011-01-01

This paper demonstrates the importance of social investment and egalitarian distribution policy for reproducing the basis of a learning economy.......This paper demonstrates the importance of social investment and egalitarian distribution policy for reproducing the basis of a learning economy....

Social entrepreneurship and impact investing

NARCIS (Netherlands)

Verkerk, M.J.

2014-01-01

The financial crisis and accounting scandals in large companies have stimulated a thorough assessment of the contribution of enterprises and financial institutions to the greater public good and economic prosperity. This assessment has led to a revaluation of the ideas of social entrepreneurship and

Enterprise Social Media at Work

DEFF Research Database (Denmark)

Dyrby, Signe; Jensen, Tina Blegind; Avital, Michel

2014-01-01

The introduction of IT-enabled collaborative tools such as Enterprise Social Media (ESM) has brought new forms of organizational collaboration to the forefront. We introduce social fabric as a theoretical frame to reveal how ESM can become part-and-parcel of the social environment in which...... organizational members interact and collaborate. Drawing on Bruno Latour’s cartography of controversies, we present novel empirical insights from a case study of the ESM platform Yammer in an IT consultancy company. Our analysis uncovers four threads of the social fabric: ‘public-private context’, ‘social......-professional content’, ‘praise-reprimands giving ratio’ and ‘noise-news perception' that characterize the interactions between the organizational members and how collaboration is woven on the respective ESM platform. The findings show that delineating the emerging threads of the social fabric can help tracing...

China’s Outward FDI in Africa: Enterprises with Different Ownership Types

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Hai-Tao Tsao

2015-08-01

Full Text Available The purpose of this paper is to discuss the consequences of China’s outward direct investments in Africa in terms of enterprises with different ownership types. First, this paper contributes to the examination of a large number of Chinese enterprises’ investment projects in Africa. Second, in addition to the investment activities of central state-owned enterprises, investment activities initiated by local state-owned enterprises and private enterprises are also addressed in this paper. Third, this paper demonstrates the diversity ofChinese investment in Africa through the discussion of a large number of cases. We find that the motives of central state-owned enterprises comply with government policies. However, most private enterprises and non-central state-owned enterprises invest in Africa for profit considerations. This paper concludes that China’s investments in Africa are diverse and complex and cannot be explained using a single model of the extant theories.

Social Investment after Neoliberalism: Policy Paradigms and Political Platforms.

Science.gov (United States)

Deeming, Christopher; Smyth, Paul

2015-04-01

The concept of the 'social investment state' refocuses attention on the productive function of social policy eclipsed for some time by the emphasis on its social protection or compensation roles. Here we distinguish between different social investment strategies, the Nordic 'heavy' and the Liberal 'light', with particular reference to the inclusive growth approach adopted in Australia. In 2007, social democrats in Australia returned to government with a clear mandate to reject the labour market deregulation and other neoliberal policies of its predecessor, and to tackle entrenched social and economic disadvantage in Australian society. For the last five years, social investment and inclusive growth has been at the centre of the Australian social policy agenda. Against this background, the article examines and critically assesses the (re)turn to 'social investment' thinking in Australia during Labor's term in office (2007-13). Analysis focuses not just on what was actually achieved, but also on the constraining role of prevailing economic and political circumstances and on the processes that were used to drive social investment reform. In many ways, the article goes some way to exposing ongoing tensions surrounding the distinctiveness of 'social investment' strategies pursued by leftist parties within the (neo)liberal state.

Health resorts as a social enterprise in Ukraine’s economic development

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Yuliia Kleban

2016-10-01

Full Text Available Modern economic development is highly dependent on sustainable community development. In Ukraine, the tourism sector is one of the driving forces of economic development. The main aim of the paper is to study health recovery tourism in Ukraine, on the case of creating social enterprises in a health resort network. The paper is oriented on the managerial and value creation issues. The aim is to describe the business idea of a health resort (Lviv region of Ukraine as an innovative economic agent with social goals and value added to the local community in general and on the example of three existing spas. Taking into consideration the amount of tourists in Lviv region and the key indicators of small businesses in the sector, the social enterprise is an alternative to the for-profit entities. The study findings suggest that starting the social enterprise in health resort services may become a good practice for the local development strategies. The health resort social enterprise may add value to the Lviv region by supporting the employment of local population and social value provision to groups of the society. The main contribution of the paper is in applying the social entrepreneurship model in the sector of health resort services. As the current political and social issues and problems in Ukraine are concerned, the non-profit entity project has potential for implementation.

The bright side of social economy sector’s projectification: a study of successful social enterprises

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Beata Jalocha

2016-11-01

Full Text Available In Europe, we are witnessing a growth in the social economy sector, i.e. in socio – economic organizations, which belong neither to the traditional for profit sector (market economy nor to the public sector (government (Deforuny, 2001; Young, 2007 - they rather act at the interface of civil society and markets (Jäger, 2010. The main goal of these organizations, called social enterprises or social business, is doing business for socially useful purposes. These initiatives may take the form of traditional Non-Governmental Organizations (NGOs, like foundations and associations, as well as new kinds of organizations for example social cooperatives, partnerships, funds. Social economy is situated between public and business sphere of administration and combines both, social objectives and the ones profit-oriented. Social entrepreneurship is unquestionably a desirable feature of social economy understood as reaching planned economic objectives with the use of available resources. Another feature comprises in using involvement and creativity of excluded persons and thus, solving social problems, among others, structural unemployment and disadvantage of social minorities as well as strengthening democratic processes, bottom-up social initiatives etc. Achieving objectives, both social and economic, requires using modern management instruments and methods. All of the above mentioned organizations or ventures, which achieve their local, social or ethical mission and goals using methods adopted from the business sector (Defourny, Hulgard, Pestoff, eds.2014. One of these methods is project management. The whole sector of social economy, both in Poland and in Europe, is strongly influenced by projectification process: a lot of the activities are performed in the form of projects. For last ten years projectification of social non-governmental sector as well as the economy sector in Poland was reinforced by EU’s funding stream – hundreds of co

The Basics of the Money Flow Management of Enterprise

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Tanklevska Nataliya S.

2017-06-01

Full Text Available Essence of the definition of «money flow» of enterprise has been researched. The theoretical basis for the formation of money flows of enterprise, including the developments by mercantilists, marxists, monetarists, and contemporaries has been systematized. Cycles of the money flow and its relationship to the circulation of economic means have been characterized. The money flow discounting factors have been determined, which include inflation, risk, and alternativeness of investment process. The economic, political, social, and techno-economic risks that impact the management of money flows of enterprise have been allocated. The classification of money flows of enterprises by various attributes has been provided. The main sources of formation and modalities of the optimal money flow structure of enterprise have been determined. The advantages and disadvantages of using financial resources to generate money flows of enterprise have been characterized.

Regional innovative and investment processes analysis and their impact on food-industry wine-producing enterprises development in Odessa region

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Bondarenko Svitlana Аnatoliyivna

2016-02-01

Full Text Available The article deals with the study of state of winemaking sector, trends of innovative development of industrial enterprises of Ukraine and Odessa region are analyzed and based on this the characteristic patterns and main shortcomings are identified. The regional innovation and investment processes are anylyzed, the nature of its influence on development of wineries in food industry of Odessa region is identified. It is proved that the regulatory impact on development of viticulture and wine-making should focus on conditions and behavior of industry enterprises and directly or indirectly affect the efficiency of its business processes. One of management tools of socio-economic development of regions is regulation of innovation and investment processes, strict control over the use of targeted funds for program solving of region develoment priorities.

Financial and social performance of socially responsible investments in the Netherlands

NARCIS (Netherlands)

Scholtens, B.

2007-01-01

We analyse the performance of socially responsible investments in the Netherlands. It appears that the financial performance of the various types of socially responsible investments differs considerably. We construct a proxy for mutual funds' CSR policies and use information about the environmental

Key success factors in enterprises practicing social marketing

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Lin, Mong-Mei

2014-11-01

Full Text Available Enterprises could create multi-service values of customer satisfaction, enterprise profit, and social benefit through Social Marketing. Constructing a positive Social Service Value Chain to achieve mind management in marketing would reinforce the core competitive advantages of an enterprise, enhance high-quality services, and lead the enterprise to sustainable management. With the Delphi Method, a questionnaire is applied to assess the key success factors in enterprises practicing Social Marketing. The superiors and the employees in Formosa Plastics Group were selected as the research participants for 200 questionnaires. A total of 133 valid copies are retrieved, with a retrieval rate of 67%. According to the overall weights of the key success factors in enterprises practicing Social Marketing, the following summary is concluded. 1. The evaluation criteria in Organizational Characteristics are ordered in the following way: Intrinsic Structure, Internal Environment, Cost Effectiveness, Organizational Advantage, Organizational Weakness, and Inspiration. 2. The evaluation criteria in the External Environment are ordered this way: Information Resources, Environmental Opportunities, and Environmental Threats. 3. The order of the evaluation criteria in Marketing Strategy is Appropriate Media, Targeted Objects, Market Selection, Market Response, and Behavioral Change. 4. The evaluation criteria in Process Orientation are ordered in the following way: Tracking Adjustment, Feedback Systems, Operation Performance, and Operation Processes.A través del márquetin social, las empresas podrían crear valores de multiservicio para la satisfacción del cliente, para incrementar los beneficios de la empresa y para beneficiar a la sociedad. La construcción de una Cadena de Valor de Servicio Social positiva para conseguir una gestión mental en el márquetin reforzaría las principales ventajas competitivas de una empresa, realzaría servicios de alta calidad y

The Praxis of Social Enterprise and Human Security: An Applied Research Agenda

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Malcolm David Brown

2014-01-01

Full Text Available The growth of social enterprise within development NGO work might lead one to suspect it has been irredeemably corrupted by neo-liberal capitalism. However, using the tools of capitalism is not the same as subscribing to the values of capitalism. This paper is situated at the intersection of five fields: human security, international development, social enterprise, social franchising, and left-wing anti-capitalist thought. It examines the relevance of social en­terprise to human security and to development, the relationship between social enterprise and the anti-capitalist values of the left, and it then focuses on social franchising—a subset of social enterprise that highlights the importance of cooperation—suggesting that it may be a useful methodology for NGOs carrying out educational work in parts of the developing world. It syn­thesises and extends ideas that I have presented elsewhere [1-3], it draws on ethnographic fieldwork on the Thai-Burma border, and it puts forward an agenda for further applied research that is rooted in a sociological analysis of civil society and contributes to the human security paradigm.

Conceptual approaches to the formation the mechanism of enterprises social responsibility stimulation

OpenAIRE

Ohorodnikova, Natalia

2014-01-01

The article defines the economic content of the enterprise social responsibility incentive mechanism, the concept of its perfection. There are formulated the purpose and objectives of the proposed mechanisms, sounded principles of its formation. As tools of the enterprise social responsibility incentive mechanism, it is advised to use: methods of corporate social responsibility stimulating, a model of corporate strategy in the context of implementing the practice of social responsibility in t...

New Generation of Social Enterprises

DEFF Research Database (Denmark)

Persson, H. Thomas R.; Hafen, Niklas

Global environmental awareness is a rapidly growing trend in society. In this respect, companies with an ecological profile have gained momentum. Just as an increasing number of consumers are demanding organically grown food, there is a growing demand for a clear, easily available and reliably...... ethical eco-option in the clothing industry. Dresstwice is thus a social enterprise that design and sell eco-friendly clothes for children....

The Effect of Cognitive and Relational Social Capital on Structural Social Capital and Micro-Enterprise Performance

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Rajennd A/L Muniady

2015-10-01

Full Text Available Social capital and its dimensions are highly interrelated, and the outcome of social capital provides entrepreneurs with resources and knowledge that are not available in the first place. The objective of this study is to examine the effect of relational and cognitive social capital on structural social capital and the effect of structural social capital on the performance of micro-enterprises owned and managed by women in Peninsular Malaysia. This study uses a cross-sectional approach, and quantitative data are collected through structured interviews. It was found that cognitive social capital has a significant positive effect on structural social capital, and structural social capital has a significant positive effect on micro-enterprise performance. It was found that relational social capital has a positive but insignificant effect on structural social capital. Therefore, women entrepreneurs should emphasize on making the communication process easier and on ensuring that their business values, norms, interpretation, and meaning are shared and communicated to relevant parties to improve network ties and to build a dense network, which is essential in providing access to resources and knowledge. This, in return, is expected to improve the micro-enterprise performance in Malaysia.

[Social enterprises in mental health: the narratives of their protagonists].

Science.gov (United States)

2011-01-01

This paper aims to share the experience carried on in the Social Enterprises which are part of the Mental Health System of the state of Chubut (Argentina) since 2009. First, the context of the founding of the social enterprises inside a program which involves the government and the civil society in line with the state policies is presented, taking labour as a paradigm of psychosocial rehabilitation of people with mental suffering in effective interaction with other people from the community. Then, testimonies of entrepreneurs, as well as their definition of the enterprise and their personal experiences when participating in it are presented. Finally, the future challenges of this type of practice is summarised.

Social responsibility of international business as activity strategy of enterprises in Ukraine: European experience

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O.V. Oliinyk

2017-12-01

Full Text Available The article analyzes the practice of application of business social responsibility strategy at Polish and Ukrainian enterprises. The problem of Ukrainian economic entities is in the necessity of creation of conceptual theoretical basis for social responsibility in the sphere of management and realization of social actions. That is why the current study of reports about the social responsibility of Ukrainian and Polish businesses allowed to substantiate the directions for improvement of social policy of enterprises in Ukraine where the enterprises represent a separate group in the development of national economy.

The Transfer of Local Authority School Support Services to External Social Enterprises

Science.gov (United States)

Hatcher, Richard

2015-01-01

This paper explores an emerging and largely unresearched sector of the school education market, the transfer of local authority support services to external social enterprises. It locates these new social enterprises as a consequence of government strategies to reduce public spending, shrink local government and create competitive markets in…

Social Investment or Private Profit? Diverging Notions of "Investment" in Early Childhood Education and Care

Science.gov (United States)

Adamson, Elizabeth; Brennan, Deborah

2014-01-01

In recent decades, many OECD countries have adopted the notion of "social investment" to reframe traditional approaches to social welfare. Social investment strategies and policies focus on employment rather than welfare and promote public expenditure on skills and education throughout the life course, starting with early childhood…

CHALLENGES IN PERFORMANCE METRICS IN SOCIALLY RESPONSIBLE INVESTMENTS

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Kuti Monika

2014-07-01

Full Text Available Sustainability issues have been penetrating the financial world over the decades at corporate and sector levels. In the field of sustainable finance, socially responsible investments (SRI are a dynamically evolving segment which has become a special industry in asset allocation and investments out of a niche movement. This article aims to highlight the trends, investors’ motives and performances of these investments. It concludes that controversies around the terminology, performance metrics and return of socially responsible investments, have not been resolved in academic literature yet.

Mobile Technology: Binding Social and Cloud into a New Enterprise Applications Platform

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Luminita HURBEAN

2013-01-01

Full Text Available Nowadays, the IT industry is revolving around the build-out and adoption of a new platform, characterized by mobility, cloud-based application and service delivery, and value-generating overlays of social business and pervasive analytics. The paper explores the convergence of mobile, cloud, and social, as well as the effects for the enterprise and the emergence of the new enterprise application platforms. In the beginning we set the stage, while showing the ex-pansion of the mobile, cloud, and social in the business information system, as they were found in the literature. We then look over the IT trends, especially the consumerization of IT, as reasons and basis for the information systems embracing of mobile. Afterwards, we present a mobility roadmap for the enterprise and illustrate the reconfiguration of the enterprise ap-plication platform.

External Finance and the Foreign Direct Investment Decision: Evidence from Privately-Owned-Enterprises in China

OpenAIRE

Duanmu, J-L

2015-01-01

Access to external finance is found to be a statistically significant factor explaining the probability of privately owned enterprises (POEs) in China undertaking foreign direct investment (FDI). The significance of external finance is magnified in industries featuring a heavy dependence on external finance, high technology, low tangibility, and high inventory. The external finance and FDI linkage is weaker for POEs with group affiliation, but stronger for those with generous employment welfa...

THE FAIRSHARES MODEL: AN ETHICAL APPROACH TO SOCIAL ENTERPRISE DEVELOPMENT?

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Rory James Ridley-Duff

2015-07-01

Full Text Available This paper is based on the keynote address to the 14th International Association of Public and Non-Profit Marketing (IAPNM conference. It explore the question "What impact do ethical values in the FairShares Model have on social entrepreneurial behaviour?" In the first part, three broad approaches to social enterprise are set out: co-operative and mutual enterprises (CMEs, social and responsible businesses (SRBs and charitable trading activities (CTAs. The ethics that guide each approach are examined to provide a conceptual framework for examining FairShares as a case study. In the second part, findings are scrutinised in terms of the ethical values and principles that are activated when FairShares is applied to practice. The paper contributes to knowledge by giving an example of the way OpenSource technology (Loomio has been used to translate 'espoused theories' into 'theories in use' to advance social enterprise development. The review of FairShares using the conceptual framework suggests there is a fourth approach based on multi-stakeholder co-operation to create 'associative democracy' in the workplace.

Socially responsible investment engagement

NARCIS (Netherlands)

Goessling, T.; Buijter, Bas; Freeman, R.E.; Kujala, J.; Sachs, S.

2017-01-01

This study explores engagement in socially responsible investment (SRI) processes. More specifically, it researches the impact of shareholder salience on the success of engagement activities. The research question asks: What is the relationship between shareholder salience and engagement effort

Measuring Social Capital Investment: Scale Development and Examination of Links to Social Capital and Perceived Stress

Science.gov (United States)

Wegner, Rhiana; Gong, Jie; Fang, Xiaoyi; Kaljee, Linda

2014-01-01

Individuals with greater social capital have better health outcomes. Investment in social capital likely increases one’s own social capital, bearing great implications for disease prevention and health promotion. In this study, the authors developed and validated the Social Capital Investment Inventory (SCII). Direct effects of social capital investment on perceived stress, and indirect effects through social capital were examined. 397 Participants from Beijing and Wuhan, China completed surveys. Analyses demonstrated that the SCII has a single factor structure and strong internal consistency. Structural equation modeling showed that individuals who invested more in social capital had greater bonding social capital, and subsequently less perceived stress. Results suggest that disease prevention and health promotion programs should consider approaches to encourage social capital investment; individuals may be able to reduce stress by increasing their investment in social capital. Future research is needed to provide additional empirical support for the SCII and observed structural relationships. PMID:25648725

Mixed Methods Analysis of Enterprise Social Networks

DEFF Research Database (Denmark)

Behrendt, Sebastian; Richter, Alexander; Trier, Matthias

2014-01-01

The increasing use of enterprise social networks (ESN) generates vast amounts of data, giving researchers and managerial decision makers unprecedented opportunities for analysis. However, more transparency about the available data dimensions and how these can be combined is needed to yield accurate...

Investment banks in AIC – alternative loan

Directory of Open Access Journals (Sweden)

O.V. Lysenok

2015-03-01

Full Text Available Determining the status and problems of modern investment in agricultural enterprises, as well as ways to improve their financial security. The article deals with the essence of investments and their varieties. The dynamics of the securities portfolio of domestic banks and investments in agriculture. According to a study submitted proposals to increase investment banking businesses in the agricultural sector, which is necessary to create such conditions are not included in the calculation of the volume of investment regulations investment banking provided by agribusiness companies; availability of specialized banks, which will focus its resources on the development of agricultural enterprises; give banks the opportunity to issue special investment certificates, which received funds will be channeled exclusively on investing in the development of agricultural enterprises; for the above to create an appropriate legal framework.

Reducing perceived stigma: Work integration of people with severe mental disorders in Italian social enterprise.

Science.gov (United States)

Villotti, Patrizia; Zaniboni, Sara; Corbière, Marc; Guay, Stéphane; Fraccaroli, Franco

2018-06-01

People with mental illnesses face stigma that hinders their full integration into society. Work is a major determinant of social inclusion, however, people with mental disorders have fewer opportunities to work. Emerging evidence suggests that social enterprises help disadvantaged people with their work integration process. The purpose of this study is to enhance our understanding about how perceptions of stigma can be decreased for people with mental disorders throughout their work experience in a social enterprise. Using a longitudinal study design, 310 individuals with mental disorders employed in Italian social enterprises completed a battery of questionnaires on individual (e.g., severity of symptoms; occupational self-efficacy) and environmental (e.g., social support; organizational constraints) variables. Of the 223 individuals potentially eligible at the 12-month follow up, 139 completed a battery of questionnaires on social and working skills, perceived work productivity and perceived stigma. Path analyses were used to test a model delineating how people with mental disorders working in social enterprises improve social and work outcomes (i.e., motivation, skills and productivity), and reduce the perception of being stigmatized. Working in a social enterprise enhances working social skills, which leads to a perception of higher productivity and, consequently, the perception of being discriminated against and stigmatized is reduced. Social enterprise provides a context in which people with mental disorders reach a sense of work-related and social competence. This sense of competence helps them to reduce perceived stigma, which is a crucial step toward social inclusion. (PsycINFO Database Record (c) 2018 APA, all rights reserved).

Political participation in European welfare states: Does social investment matter?

DEFF Research Database (Denmark)

Marx, Paul; Nguyen, Christoph

2018-01-01

The role of the welfare state has expanded beyond passive assistance and decommodificaton. In many countries, social investment policies now actively encourage (re)integration into the labour market. While the effectiveness of these policies is debated, we know even less about their broader social...... and political effects. In this contribution, we explore the impact of social investment policies on one key aspect of social life: political participation. Combining insights from social psychology with institutional analysis, we investigate the impact of three social investment policies (early childhood...... education, secondary education, active labour market policies) on two disadvantaged groups: young individuals from low-skill backgrounds; and single parents. Combining the European Social Survey with data on social investment, we find that these risk groups have reduced political efficacy and political...

Mission, Inc The Practitioner's Guide to Social Enterprise

CERN Document Server

Lynch, Kevin

2009-01-01

Two social entrepreneurs draw on their own extensive experiences and those of20 other enterprise leaders to focus on the fundamental blocking and tacklingtactics that make the difference between success and failure.

Shared Stakes, Distributed Investment: Socially Engaged Art and the Financialization of Social Impact

OpenAIRE

Rosamond, Emily

2016-01-01

This article examines the implications of the financialization of social impact and the emerging social impact bonds (SIBs) market for socially engaged art practices. How do SIBs, which allow for investment in social impact metrics, shift the broader contexts through which the value of social impact is understood in art discourses? In the British context, recent projects by Assemble, Open School East and others do important social work, yet echo the logic of the social investment market by ou...

SOURCES OF FINANCING INDUSTRIAL COMPLEX ENTERPRISES

Directory of Open Access Journals (Sweden)

Anzhela Zakhitovna Namitulina

2016-01-01

conditions. Currently, only a low percentage of civilian goods produced at the enterprises of the military-industrial complex (MIC, is exported. This preserves the low investment activity in the sectors of the military-industrial complex, which is the most high-tech part of the industry. In modern conditions in the Russian Federation military-industrial complex includes industrial companies and research organizations involved in defense research and creation of weapons and military equipment, governments and federal bodies of executive power. Under these circumstances, current CMO exit from the crisis is a problem of formation of an investment to ensure its development system. Objectives. The aim of the article is to study sources of financing and investment enterprises of the military-industrial complex, study and analysis of the financing of investment sphere of defense industry enterprises; Development of the best ways of functioning of the integrated companies with a view to achieving high economic efficiency in the military and economic cooperation on the basis of military technology, defense industry places on its analysis of the global market. Methods. The methodological basis of this article are the economic and statistical analysis methods, regulatory documents in the fi eld of economic security, publications in the fi eld of economic and financial security, public analyzes in the fi eld of development of military-industrial complex. Results. To improve the financial and investment attractiveness of the enterprises of the military-industrial complex need to improve conditions for attracting investments in the defense sector and expand the powers of enterprise credit and financial sector to actively participate in their financing processes of new projects of defense enterprises. State financing of Russian investment sector is characterized by the following features: the source of the reproduction process started only natural resources, many of which are irreplaceable

Socially Responsible Investment in Japanese Pensions

OpenAIRE

Henry Hongbo Jin; Olivia S. Mitchell; John Piggott

2005-01-01

As the level of retirement-related assets has grown, so too has public and private interest in so-called "Socially Responsible Investment" (SRI), an investment strategy that employs criteria other than the usual financial risk and return factors when selecting firms in which to invest. This study evaluates whether SRI indexes would alter portfolio risk and return patterns for the new defined contribution pension plans currently on offer in Japan. We conclude that SRI funds can be included as ...

Relating corporate social investment with financial performance

OpenAIRE

Kgabo L. Kobo; Collins C. Ngwakwe

2017-01-01

Previous researchers have found conflicting results between CSI and firm financial performance. This paper moves this debate further by examining the extent to which corporate social investment (CSI) relates with corporate financial performance (CFP) from a developing country perspective. The main aim of the paper was to determine the relationship between CSI, stock price, sales turnover and return on equity (ROE) amongst the socially responsible investing (SRI) companies in the Johannesburg ...

Understanding how social enterprises can benefit from supportive legal frameworks : a case study report on social enterpreneurial models in Greece

NARCIS (Netherlands)

Argyrou, A.a; Blomme, R.J.; Lambooy, T.E.; Kievit, H.

2016-01-01

This study aims to test how legal factors affect the corporate structure of a social enterprise. The current article focuses on the legal factor of governance as the decision-making power of stakeholders within the social enterprise. The authors conducted a case study and examined a major social

Energy efficiency improving opportunities in a large Chinese shoe-making enterprise

International Nuclear Information System (INIS)

Ming Yang

2010-01-01

Energy consumption and energy intensity reduction opportunities are quite different from one enterprise to another. It is necessary to understand how much energy is used at individual enterprise, where the most energy is consumed and what the best opportunities are to invest in energy efficiency. Auditing energy efficiency was recently undertaken in one of the top 1000 largest Chinese enterprises. The objectives of this paper are to fill a gap in the literature of auditing energy efficiency for a Chinese manufacturing enterprise and to share the audited energy efficiency results. This paper concludes that if the enterprise invests USD 1.9 million to improve energy efficiency, the investment will be recovered in about 18 months. The net present value of the investment would be about USD 9.8 million at a discount rate of 12%. The investment will reduce a large amount of energy consumption at the enterprise based on its figures in 2008, including 15% of electricity, 40% of fuel oil, and 54% of diesel. Carbon reduction is also very cost-effective. Investment of one dollar in the enterprise will help cut carbon emission by 7.95 kg per year and generate $5.3 net revenue in the economic lifetime of the invested technology.

Determination of Components of Investment Attractiveness of Enterprises and Industries as Factors of their Security

Directory of Open Access Journals (Sweden)

Mishchuk Ievgeniia V.

2017-03-01

Full Text Available The article considers the following factors of investment attractiveness of both enterprises and industry: the stage of the life cycle, absence of crisis, reputation. It is justified that the key industries for the Ukrainian economy in the context of improving economic security are mining and metallurgical industry and shipbuilding. The specificity of Zhiglyar cycles for the world steel industry and the actual periodicity of these cycles for the industry are revealed, as well as the interrelationship of their periodicity with that of the K-cycle phases. It is substantiated that for the mining and metallurgical complex there typical generally accepted time frames of Zhiglyar cycles of 6-13 years, which are associated with investing in fixed assets, building-up and loading production capacities. Smaller cycles are found at the level of local markets of individual countries. It is shown that the cycles of Kitchin characterize the volumes of consumption of crude steel in Ukraine. Diagnostics of the crisis of the enterprises under investigation is carried out. It is offered to evaluate the crisis on the basis of the ratio of the actual value of the indicator and its reference value. A scale for diagnosing the severity of the crisis is developed. It is shown that under crisis conditions a part of fixed assets remains unused. To resolve the issue of the need for measures on their elimination or sale, it is proposed to determine the rate of fixed assets utilization. It is estimated that its normative value should not be lower than 0.75. A methodical approach to evaluating the enterprise reputation is proposed. It is shown that internal and external reputations differ in the method of their evaluation. A scale for determining the severity of the reputational crisis is developed.

Dr. Alyce SU on China Overseas Investment Strategy

Institute of Scientific and Technical Information of China (English)

2010-01-01

@@ Brazil Brazil Investment Background Brazil's National Bank for Economic and Social Development (BNDES) (similar role to China Development Bank) is Brazil's leading long term loan provider to Brazilian domestic enterprises. BNDES's subsidiary BNDESPar holds shares of Brazil's listed and unlisted companies. Since 2010, BNDES and BNDESPar have been restructuring investment portfolio by selling shares in Fibria and 2.4% of Banco de Brasil for cash for making future loans. It's 5.3% shares in VALE is widely expected to be the next liquidity event.

Chinese State-Owned Enterprise Investment in Mekong Hydropower: Political and Economic Drivers and Their Implications across the Water, Energy, Food Nexus

Directory of Open Access Journals (Sweden)

Nathanial Matthews

2015-11-01

Full Text Available Over the last decade, Chinese State-Owned Enterprises have emerged as among the most active investors in Mekong Basin hydropower development. This paper uses a political economy analysis to examine the forces that drive Chinese State-Owned Enterprises to invest in hydropower in the Mekong Basin. We focus our analysis on the Lancang (Upper Mekong River in China and in the Greater Mekong Subregion (GMS, with an emphasis on Cambodia. The analysis reveals how powerful political and economic forces from within China and the GMS influence the pace, location and scale of investments in hydropower. These forces include foreign exchange reserves, trade packages and foreign direct investment, and political alliances. Combining the political economy and nexus approaches, we conclude that although policies from China recognize interconnections across the nexus, political and economic forces craft narratives that downplay or disregard these nexus interconnections and trade-offs. This in turn, influences how trade-offs and interconnections in hydropower development are managed and recognized in both local and transboundary contexts, thereby, creating potentially significant negative impacts on livelihoods, food security and the environment.

Stimulation of Work Integration Social Enterprises (WISES) and Combatting Social Exclusion at the Local Level

NARCIS (Netherlands)

Boesveldt, N.F.

2016-01-01

WISES are social enterprises that work with people marginalized from the regular labour market, including people with severe handicaps, with disabilities and those who suffer addiction and homelessness. WISES offer an alternative to regular social programs: they breach social exclusion and stimulate

New Generation of Social Enterprises

DEFF Research Database (Denmark)

Persson, H. Thomas R.; Hafen, Niklas

Retoy is a social enterprise dealing with the recycling of children´s toys while at the same teaching awareness about the UN Convention on the Rights of the Child. Accordingly, Retoy aims to teach children about their rights and about sustainable consumption by giving them an opportunity to excha...... to exchange toys with other children instead of buying new. The business idea is simple: it´s better for the environment if children recycle their toys instead of throwing them away....

ECONOMIC AND SOCIAL EFFICIENCY OF PROPERTY INVESTMENTS

Directory of Open Access Journals (Sweden)

Florina Oana Virlanuta

2014-03-01

Full Text Available Investments play a key part within the goods and services industry, consumerism and community as well. The effects generated by any investment project substantiate this statement, regardless the sector of activity in which they are implemented. In the current market economy, economic efficiency indicators are playing an important role in assessing and analyzing an investment project since due to these indicators, the investor can become aware of the most important aspects they need to respond promptly. In this respect, we conducted a market analysis of real estate investments in Romania, highlighting economic and social efficiency of property investments.

Social responsible investment: satisfaction, risks and prospects of development /

Directory of Open Access Journals (Sweden)

I.M. Vygivska

2017-12-01

Full Text Available The research is devoted to the study of the features and trends of the development of socially responsible investment in Ukraine. The present study shows that under the current conditions of economic development and political situation in different countries, socially responsible investment of various projects and programs of social significance becomes increasingly important and relevant. Today we observe the appearance of the new forms of implementation of socially responsible business activities, among which the impact-investment and financing of socially significant projects on the principles of venture philanthropy are becoming more and more popular. It is determined that IMP involves, firstly, profit making, and secondly, it expects positive social changes, in particular, in support of sustainable agricultural development, ensuring availability of medical services, affordability of housing, development of environmentally friendly technologies. It was found out that the goal of venture philanthropy is primarily to create a social effect, and, eventually, to generate profits that may appear in the process of implementing the project or the activities of the organization. In the vast majority of cases, this type of financing takes place through direct investment or fixed income securities.

Can NGOs regulate medicines markets? Social enterprise in wholesaling, and access to essential medicines

Science.gov (United States)

2011-01-01

Background Citizens of high income countries rely on highly regulated medicines markets. However low income countries' impoverished populations generally struggle for access to essential medicines through out-of-pocket purchase on poorly regulated markets; results include ill health, drug resistance and further impoverishment. While the role of health facilities owned by non-governmental organisations (NGOs) in low income countries is well documented, national and international wholesaling of essential medicines by NGOs is largely unstudied. This article describes and assesses the activity of NGOs and social enterprise in essential medicines wholesaling. Methods The article is based on a set of interviews conducted in 2006-8 with trading NGOs and social enterprises operating in Europe, India and Tanzania. The analysis applies socio-legal and economic perspectives on social enterprise and market regulation. Results Trading NGOs can resist the perverse incentives inherent in medicines wholesaling and improve access to essential medicines; they can also, in definable circumstances, exercise a broader regulatory influence over their markets by influencing the behaviour of competitors. We explore reasons for success and failure of social enterprise in essential medicines wholesaling, including commercial manufacturers' market response; social enterprise traders' own market strategies; and patterns of market advantage, market segmentation and subsidy generated by donors. Conclusions We conclude that, in the absence of effective governmental activity and regulation, social enterprise wholesaling can improve access to good quality essential medicines. This role should be valued and where appropriate supported in international health policy design. NGO regulatory impact can complement but should not replace state action. PMID:21356076

Can NGOs regulate medicines markets? Social enterprise in wholesaling, and access to essential medicines.

Science.gov (United States)

Mackintosh, Maureen; Chaudhuri, Sudip; Mujinja, Phares Gm

2011-02-28

Citizens of high income countries rely on highly regulated medicines markets. However low income countries' impoverished populations generally struggle for access to essential medicines through out-of-pocket purchase on poorly regulated markets; results include ill health, drug resistance and further impoverishment. While the role of health facilities owned by non-governmental organisations (NGOs) in low income countries is well documented, national and international wholesaling of essential medicines by NGOs is largely unstudied. This article describes and assesses the activity of NGOs and social enterprise in essential medicines wholesaling. The article is based on a set of interviews conducted in 2006-8 with trading NGOs and social enterprises operating in Europe, India and Tanzania. The analysis applies socio-legal and economic perspectives on social enterprise and market regulation. Trading NGOs can resist the perverse incentives inherent in medicines wholesaling and improve access to essential medicines; they can also, in definable circumstances, exercise a broader regulatory influence over their markets by influencing the behaviour of competitors. We explore reasons for success and failure of social enterprise in essential medicines wholesaling, including commercial manufacturers' market response; social enterprise traders' own market strategies; and patterns of market advantage, market segmentation and subsidy generated by donors. We conclude that, in the absence of effective governmental activity and regulation, social enterprise wholesaling can improve access to good quality essential medicines. This role should be valued and where appropriate supported in international health policy design. NGO regulatory impact can complement but should not replace state action.

Can NGOs regulate medicines markets? Social enterprise in wholesaling, and access to essential medicines

Directory of Open Access Journals (Sweden)

Chaudhuri Sudip

2011-02-01

Full Text Available Abstract Background Citizens of high income countries rely on highly regulated medicines markets. However low income countries' impoverished populations generally struggle for access to essential medicines through out-of-pocket purchase on poorly regulated markets; results include ill health, drug resistance and further impoverishment. While the role of health facilities owned by non-governmental organisations (NGOs in low income countries is well documented, national and international wholesaling of essential medicines by NGOs is largely unstudied. This article describes and assesses the activity of NGOs and social enterprise in essential medicines wholesaling. Methods The article is based on a set of interviews conducted in 2006-8 with trading NGOs and social enterprises operating in Europe, India and Tanzania. The analysis applies socio-legal and economic perspectives on social enterprise and market regulation. Results Trading NGOs can resist the perverse incentives inherent in medicines wholesaling and improve access to essential medicines; they can also, in definable circumstances, exercise a broader regulatory influence over their markets by influencing the behaviour of competitors. We explore reasons for success and failure of social enterprise in essential medicines wholesaling, including commercial manufacturers' market response; social enterprise traders' own market strategies; and patterns of market advantage, market segmentation and subsidy generated by donors. Conclusions We conclude that, in the absence of effective governmental activity and regulation, social enterprise wholesaling can improve access to good quality essential medicines. This role should be valued and where appropriate supported in international health policy design. NGO regulatory impact can complement but should not replace state action.

Socially Responsible Investing

DEFF Research Database (Denmark)

Parisi, Cristiana; Stang, Andreas

This paper analyzes the Scandinavian market for Socially Responsible Investing (SRI) mutual funds in order to determine the returns from discriminatory investment decision compared to the return from conventional portfolios. The analysis is conducted on 642 Scandinavian equity mutual funds...... counterparts. In the case of Norway no statistical difference in return is found when conducting the three factor regression. The Scandinavian market is considered particularly relevant for the interest of the investors in SRI mutual funds. However, to the authors’ knowledge, this is the first study to present....... The methodology adopts the Sharpe ratio to establish the risk return relationship. Moreover, the Capital Asset Pricing Model (CAPM) and the Fama and French Three Factor model are used to test the hypotheses. The results indicate the underperformance of Swedish and Danish SRI funds relative to their conventional...

Socially Responsible Investments : Methodology, Risk and Performance

NARCIS (Netherlands)

Renneboog, L.D.R.; Ter Horst, J.R.; Zhang, C.

2007-01-01

This paper surveys the literature on socially responsible investments (SRI). Over the past decade, SRI has experienced an explosive growth around the world. Particular to the SRI funds is that both financial goals and social objectives are pursued. While corporate social responsibility (CSR) -

Empowerment Zones and Enterprise Districts - Volusia County Enterprise Zones

Data.gov (United States)

NSGIC Local Govt | GIS Inventory — Florida's Enterprise Zone Program encourages economic growth and investment in distressed areas by offering tax advantages and incentives to businesses that are...

Corporate Social Responsibility and Sustainability: Tourist Enterprises of Cantabria

OpenAIRE

Garrido Palacio, Fernando

2011-01-01

Currently, corporate social responsibility is seen as a factor to take into account for the sustainable development of the enterprises. This research provides an approach on this matter, defining the socially responsible activities developed in the tourism industry through sustainable development theory and stakeholder's theory. This study is made on a qualitative research methodology, based on case study. The analysis shows that corporate social responsibility is a multidimensional const...

Why social entrepreneurship? Public and commercial, dual-approach for social enterprises with Chinese cases

OpenAIRE

Xu, Husheng; Song, Xiaoyan; Song, Wei

2014-01-01

Social entrepreneurship or enterprise is considered as an innovative form, which combines economic and social value creation to improve societal development. Theory and practice of this field are attracting more attention. In this article, we identified significant literature and journals as well as academic citation relationships for advancing scholarly research on social entrepreneurship. Then, we established a dual-approach for social entrepreneurship with China's cases: public and commerc...

Can European socio-economic governance be social investment proof

NARCIS (Netherlands)

Bekker, Sonja

2017-01-01

Chapter on the European Semester in the a book "The Uses of Social Investment", which provides the first study of the welfare state, under the new post-crisis austerity context and associated crisis management politics, to take stock of the limits and potential of social investment. It surveys the

Influence Of The Social Contributions On The Enterprise Behaviour

Directory of Open Access Journals (Sweden)

Nicoleta MIHĂILĂ

2012-06-01

Full Text Available The current fiscal system comprises a multitude of taxes, dues and contributions which the enterprise has to pay. The large number of taxes and dues to be paid put a high fiscal pressure on the enterprise and the social contributions are a determining factor in the manifestation of the fiscal behaviour of the enterprises. The employer has to pay to the state a significant proportion of the gross wage of the employee, almost 30%, which includes: the contribution to the social insurances, the contribution to the unemployment fund, the contribution to the Single National Fund for Health Social Insurance, the contribution to the guarantee fund for wages, the contribution to the health insurances, the contribution to the fund for accidents and the fee for the Chamber of Labour. The employee must also pay the state a total of 32.5% which consists of the contribution to the social insurances, the contribution to the unemployment fund, the contribution to the health insurances and the income tax. A simple calculation shows that the net income of the employee from his/her gross income is much lower than the revenue to the state from this wage. The state charges a burdening 45% on each job, while the employee earns almost 55%. This percentage is an obstacle for business development in Romania, where the labour force is overtaxed. Within this context, the pressure presumed by any increase of the minimal national wage is very strong for the employers and it generates unemployment, informal work and tax evasion.

Retail Structured Products for Socially Responsible Investments

DEFF Research Database (Denmark)

Jessen, Pernille

Institutional investors are the main drivers of demand for socially responsible investment (SRI). Preferences for non- nancial goals such as social and environmental sustainability are also held by small retail agents who, nonetheless, are almost non-existent in the market. This paper studies how...... and when it can be utility enhancing to engage in SRI: It proposes a quantitative method to incorporate responsibility into the investment decision and investigates how structured financial instruments can facilitate access to SRI for small retail agents. The goal is to demonstrate market potential...

Seeking new growth hotspots in absorbing foreign direct investment

Institute of Scientific and Technical Information of China (English)

裴长洪

2009-01-01

In recent years, China’s service industries have absorbed an increasing amount of foreign direct investment (FDI); foreign investors have taken wholly foreign-owned enterprise (WFOE) as the most preferred vehicle of making investment in China; free ports have become a major source of FDI inflows to China; China’s FDI inflows as a percentage of global FDI inflows have been in decline. In the export-oriented or import-substitution manufacturing industries, China still needs to vigorously absorb FDI in the future. In addition, China should continue opening its infrastructure and social service industries. It is therefore imperative to further improve the institutional and policy environment for foreign investment utilization.

South African University students' intentions to establish social Enterprises

OpenAIRE

Suzette Viviers; Chanel Venter; Goosain Solomon

2012-01-01

Stimulating social entrepreneurship in South Africa has the potential to address not only the high youth unemployment rate in the country, but also other pressing social and environmental challenges. This study was conducted as part of the 2011 Global University Entrepreneurial Spirit Students’ Survey and focused on South African university students’ intentions to start social enterprises. The findings, based on 673 responses to an online questionnaire, reveal that the majority of respondents...

Providing Social Enterprises with Better Access to Public Procurement : The Development of Supportive Legal Frameworks

NARCIS (Netherlands)

Argyrou, A.

2017-01-01

This article discusses the issue of social enterprises gaining access to public procurement processes and contracts at the EU and national level. It primarily examines the opportunities for social enterprises to access public procurement contracts provided for in the Public Procurement Directive

The potential of social enterprise to enhance health and well-being: a model and systematic review.

Science.gov (United States)

Roy, Michael J; Donaldson, Cam; Baker, Rachel; Kerr, Susan

2014-12-01

In recent years civil society organisations, associations, institutions and groups have become increasingly involved at various levels in the governance of healthcare systems around the world. In the UK, particularly in the context of recent reform of the National Health Service in England, social enterprise - that part of the third sector engaged in trading - has come to the fore as a potential model of state-sponsored healthcare delivery. However, to date, there has been no review of evidence on the outcomes of social enterprise involvement in healthcare, nor in the ability of social enterprise to address health inequalities more widely through action on the social determinants of health. Following the development of an initial conceptual model, this systematic review identifies and synthesises evidence from published empirical research on the impact of social enterprise activity on health outcomes and their social determinants. Ten health and social science databases were searched with no date delimiters set. Inclusion and exclusion criteria were applied prior to data extraction and quality appraisal. Heterogeneity in the outcomes assessed precluded meta-analysis/meta-synthesis and so the results are therefore presented in narrative form. Five studies met the inclusion criteria. The included studies provide limited evidence that social enterprise activity can impact positively on mental health, self-reliance/esteem and health behaviours, reduce stigmatization and build social capital, all of which can contribute to overall health and well-being. No empirical research was identified that examined social enterprise as an alternative mode of healthcare delivery. Due to the limited evidence available, we discuss the relationship between the evidence found and other literature not included in the review. There is a clear need for research to better understand and evidence causal mechanisms and to explore the impact of social enterprise activity, and wider civil

Sovereign wealth fund investments and the need to undertake socially responsible investment

OpenAIRE

Yin, Wei

2017-01-01

There is an increasing consensus that, beyond financial returns, investors should also consider the environmental and social impacts of their business activities. Major institutional investors currently are entering the realm of socially responsible investment (SRI), which incorporates environmental, social, and governance (ESG) factors into decision-making based on internationally recognized standards and principles. As influential institutional investors, sovereign wealth funds ...

A New Runway for Journalists: On the Intentions of Journalists to Start Social Enterprises

Directory of Open Access Journals (Sweden)

Huei-Ching Liu

2018-01-01

Full Text Available Journalists have been facing a variety of challenges and are even being laid off in the face of changing media ecosystems in the age of digital convergence. Sharing similar characteristcs with entrepreneurs, numerous journalists have worked together to develop social enterprises, ataining social change through business approaches. The present study explores the intentons of former and current journalists to establish social enterprises, using questonnaires focused on personality traits, creatvity, and social capital. Results reveal that creatvity was found to have a signifcant influence on the social entrepreneurial intentons of journalists, as does having higher bridgingtype social capital.

Assessing Business Ideas for Starting-Up Successful Social Enterprises in Romania: an It-Supported, Micro-Regional Development Project

Directory of Open Access Journals (Sweden)

Cezar Scarlat

2011-12-01

Full Text Available Purpose—This paper aims to develop a unique instrument to be used for both assessing business ideas and monitoring the respective social enterprises while taking off, eventually IT-supported.Design/methodology/approach—A sample of 25 cases was selected—in the framework of a regional development project in the Horezu micro-region, Romania (the IDEALIS Project implementation is scheduled for 2011-2012. Each case corresponds to a business idea for starting-up a social enterprise (either agricultural co-operative or co-operative enterprise in the region. The first phase of this project is to assess the viability of each business idea, and the second phase is to monitor the social start-ups as they are taking off. In both phases an original decision method is used, implanted on a methodology to assess the business idea’s probability to succeed. This paper was prepared after the completion of the first phase while an IT application was considered as a vehicle to use the proposed method for monitoring the newly created social enterprises.Findings/results—The proposed instrument (ABIDIS: Assessing Business Ideas by the DISTEH method was successfully used to associate a score to each business idea and, consequently, to rank the respective social enterprises accordingly: the higher the rank, the higher the chances to succeed. It is expected that social enterprises are considered for financial aid according to this ranking.Research limitations/implications—ABIDIS instrument is more useful when analyzed against a database of similar social enterprises and/or compared to its own historic data (which is monitoring actually. Amid successful method development and its use for assessing the chances of the social enterprises’ ideas to succeed, the practical use of the proposed methodology for monitoring the recently established social enterprises is still in progress. Furthermore, the rightness of the assessment is a matter of time—as it is going

Unpacking 'Give Back Box': A Social Enterprise at the Intersection of Leadership, Innovation, and Sustainability

Directory of Open Access Journals (Sweden)

Eduardo Barrientos

2016-04-01

Full Text Available Once the domain of government agencies and non-profit organizations, a social enterprise integrates social benefits such as employment and sustainability into a for-profit firm’s mission.  The social enterprise (SE bottom line includes both economic and social value, reflecting an intersection of the Jesuit leadership tradition with commercial business enterprise.  This case study describes the start-up of Give Back Box (GBB, a Chicago-based social enterprise that supports recycling and repurposing.  GBB’s business model involves providing a convenient, no-cost opportunity to follow up an online purchase by recycling the shipping box to forward unneeded items to charities.  GBB was founded in 2012 by two entrepreneurs with expertise in global business as well as online retailing. Thus, this case also addresses the entrepreneurial dimension of SE by illustrating the close link between social enterprise and social entrepreneurship.  Following its initial pilot phase, GBB has grown steadily, receiving impressive media coverage that has included articles in Forbes, Fast Company, and a feature on NBC’s ‘Today’ show.  In 2013 another partner joined GBB: a Colombian engineer with an MBA from a U.S. Jesuit business school who has sought to apply business principles and Jesuit values in his work as a GBB partner.  This case study describes the start-up’s inception, its mission and business plan, and its achievements to date, together with recommendations for other SE start-ups.

How to invest in social capital.

Science.gov (United States)

Prusak, L; Cohen, D

2001-06-01

Business runs better when people within a company have close ties and trust one another. But the relationships that make organizations work effectively are under assault for several reasons. Building such "social capital" is difficult in volatile times. Disruptive technologies spawn new markets daily, and organizations respond with constantly changing structures. The problem is worsened by the virtuality of many of today's workplaces, with employees working off-site or on their own. What's more, few managers know how to invest in such social capital. The authors describe how managers can help their organizations thrive by making effective investments in social capital. For instance, companies that value social capital demonstrate a commitment to retention as a way of limiting workplace volatility. The authors cite SAS's extensive efforts to signal to employees that it sees them as human beings, not just workers. Managers can build trust by showing trust themselves, as well as by rewarding trust and sending clear signals to employees. They can foster cooperation by giving employees a common sense of purpose through good strategic communication and inspirational leadership. Johnson & Johnson's well-known credo, which says the company's first responsibility is to the people who use its products, has helped the company in time of adversity, as in 1982 when cyanide in Tylenol capsules killed seven people. Other methods of fostering cooperation include rewarding the behavior with cash and establishing rules that get people into the habit of cooperating. Social capital, once a given in organizations, is now rare and endangered. By investing in it, companies will be better positioned to seize the opportunities in today's volatile, virtual business environment.

The identification of skills and competencies for effective management in social enterprises. A managerial perspective

Directory of Open Access Journals (Sweden)

Wronka-Pośpiech Martyna

2016-05-01

Full Text Available The need to adapt to external business requirements, turbulences present in the environment as well as the dynamic changes occurring in the non-profit sector require the presence of managers who are not only capable of taking proper care of financial issues, but also of optimally deploying available human resources. Today, organisations operate in the world without fixed rules of conduct or a universal management style. As a consequence, there is no universal recipe for success. It is, however, clear that the social enterprise should be run by a competent manager, preferably someone with a business track record and in-depth knowledge of formal issues. The literature review shows that working in a social enterprise requires a high degree of flexibility, a variety of skills and qualifications with the management facing a difficult challenge of how to simultaneously achieve social and economic objectives. The purpose of this article is to identify and explore the key competences and optimal features of the social enterprise manager. Data for the study was collected through a survey from 100 social enterprises in Poland.

Air compressor efficiency in a Vietnamese enterprise

Energy Technology Data Exchange (ETDEWEB)

Yang, Ming [3E and T International, Suite 1506, Building No. 10, Luo Ma Shi Street, Xuan Wu District, Beijing 100052 (China)

2009-06-15

Compressed air systems in a Vietnamese footwear manufacturing enterprise consume about 10% of enterprise's total electric power supply. Energy efficiency of these air compressor systems, either equipped with new and efficient compressors or old and inefficient ones, can only reach between 5% and 10%. In other words, regardless whatever air compressors were installed, energy loss from the compressor systems was over 80%. This study discovered that energy loss was due to non-optimized operations of the air compressor systems and air leakages. The objectives of the paper are to uncover energy saving potential in Vietnamese air compressor systems, demonstrate methodologies used in the auditing and assessment, share auditing and assessment results, and serve a guide on how to analyze energy efficiency in a compressed air system. This paper concludes that energy efficiency investment in air compressor systems in the Vietnamese enterprise could be extremely cost-effective. If the enterprise invests USD 84,000 in the air compressors to improve efficiency performance, the investment capital will be recovered in about six months. The net present value of the investment will be about USD 864,000 at a discount rate of 12%. (author)

Air compressor efficiency in a Vietnamese enterprise

Energy Technology Data Exchange (ETDEWEB)

Yang Ming [3E and T International, Suite 1506, Building No. 10, Luo Ma Shi Street, Xuan Wu District, Beijing 100052 (China)], E-mail: ming.yang7@gmail.com

2009-06-15

Compressed air systems in a Vietnamese footwear manufacturing enterprise consume about 10% of enterprise's total electric power supply. Energy efficiency of these air compressor systems, either equipped with new and efficient compressors or old and inefficient ones, can only reach between 5% and 10%. In other words, regardless whatever air compressors were installed, energy loss from the compressor systems was over 80%. This study discovered that energy loss was due to non-optimized operations of the air compressor systems and air leakages. The objectives of the paper are to uncover energy saving potential in Vietnamese air compressor systems, demonstrate methodologies used in the auditing and assessment, share auditing and assessment results, and serve a guide on how to analyze energy efficiency in a compressed air system. This paper concludes that energy efficiency investment in air compressor systems in the Vietnamese enterprise could be extremely cost-effective. If the enterprise invests USD 84,000 in the air compressors to improve efficiency performance, the investment capital will be recovered in about six months. The net present value of the investment will be about USD 864,000 at a discount rate of 12%.

Air compressor efficiency in a Vietnamese enterprise

International Nuclear Information System (INIS)

Yang Ming

2009-01-01

Compressed air systems in a Vietnamese footwear manufacturing enterprise consume about 10% of enterprise's total electric power supply. Energy efficiency of these air compressor systems, either equipped with new and efficient compressors or old and inefficient ones, can only reach between 5% and 10%. In other words, regardless whatever air compressors were installed, energy loss from the compressor systems was over 80%. This study discovered that energy loss was due to non-optimized operations of the air compressor systems and air leakages. The objectives of the paper are to uncover energy saving potential in Vietnamese air compressor systems, demonstrate methodologies used in the auditing and assessment, share auditing and assessment results, and serve a guide on how to analyze energy efficiency in a compressed air system. This paper concludes that energy efficiency investment in air compressor systems in the Vietnamese enterprise could be extremely cost-effective. If the enterprise invests USD 84,000 in the air compressors to improve efficiency performance, the investment capital will be recovered in about six months. The net present value of the investment will be about USD 864,000 at a discount rate of 12%.

Shared stakes, distributed investment: Socially engaged art and the financialization of social impact

Directory of Open Access Journals (Sweden)

Emily Rosamond

2016-12-01

Full Text Available This article examines the implications of the financialization of social impact and the emerging social impact bonds (SIBs market for socially engaged art practices. How do SIBs, which allow for investment in social impact metrics, shift the broader contexts through which the value of social impact is understood in art discourses? In the British context, recent projects by Assemble, Open School East and others do important social work, yet echo the logic of the social investment market by outsourcing social impact. Rather than dismissing socially engaged art initiatives as having been recuperated by financialized capitalism, I suggest the need to develop new ways of achieving a double reading of these works as they relate to – and upset the distinctions between – stakeholder and bondholder valuation.

Investing in nursing and midwifery enterprise to empower women and strengthen health services and systems: An emerging global body of work.

Science.gov (United States)

Salmon, Marla E; Maeda, Akiko

2016-01-01

In September of 2014, the Institute of Medicine (IOM) convened a global Rockefeller Bellagio Center workshop focusing on the largely overlooked area of investment in nursing and midwifery enterprise as a means for both empowering women and strengthening health systems and services. The report of this meeting, Empowering Women and Strengthening Health Systems and Services Through Investing in Nursing and Midwifery Enterprise: Lessons from Lower-Income Countries: Workshop Summary, was released in February, 2015. This report represents a pivotal point in a growing body of work begun in 2012, providing insights and perspectives of global experts that have resulted in subsequent global discussions and are paving the way for the future. This three-part article summarizes the initial exploration leading to the IOM workshop and report, followed by highlights and insights from the report and related meetings, and authors concluding discussion of implications for the future and next steps. Copyright © 2016 Elsevier Inc. All rights reserved.

POSSIBILITY TO CREATE A SOCIAL ENTERPRISE IN TODAY’S WORKING ENVIRONMENT

Directory of Open Access Journals (Sweden)

Anca BRATU

2013-10-01

Full Text Available Purpose – This paper aims to debate the possibility of creating a social enterprise in a certain region of Romania. Design/methodology/approach – In the first section there is a theoretical approach of some aspects of societal change processes and seven trends which indicate the change processes within the working environment. From the same point of view, there are also mentioned different types of entrepreneurial activities. The paper ends with a case study which is dealing with the study of the potential to create social enterprises to support rural communities in Bistrita Nasaud. Findings – The data provides an array of social problems that are facing the people of this region: the lack of jobs, of qualifications required by the market, poverty, social exclusion of vulnerable groups. Practical implications/originality/value – The presentation of a case study specific to social entrepreneurship within a larger theoretical framework triggers a complex approach in compliance with the specified theoretical aspects.

Speech on the general states of enterprises and the sustainable development

International Nuclear Information System (INIS)

2006-01-01

In this speech the author points out two main recommendations. The first message concerns the necessity of a whole mobilization in favor of the sustainable development, from the government policy and the enterprises management to the human behavior. He presents then three main axis to heighten the enterprises (reinforce the information on the environmental and social impact of the economic activities, the development of sustainable investments, the development of the environmental sponsorship). The second message concerns the necessity to place the environment in the economic growth by the development of the ecology and the eco-technology. (A.L.B.)

A critical analysis of the implementation of social networking as an e-recruitment tool within a security enterprise

Directory of Open Access Journals (Sweden)

Anthony Lewis

2015-12-01

Full Text Available Many enterprises are operating in complex and competitive environments, and changes in the internal and external environment have prompted them to engage in better ways of doing business. In order to respond to these changes, and survive in today’s volatile business environment, enterprises need to change their strategies. Human Resource departments are under pressure to keep operating costs low whilst also ensuring they are attracting, recruiting, and retaining talent within the enterprise. To achieve this, an increasing number of enterprises have adopted social networking into their recruitment strategy. This research aims to critically analyze the implementation of social networking as an e-recruitment tool within a Security Enterprise. The research key objective is to examine the importance of attracting Generation Y through the use of social networking sites and also to develop an understanding of the advantages and disadvantages of using social networking as an e-recruitment tool. The research also looks at contemporary examples of enterprises that have implemented social networking into their recruitment strategy. A further objective of the research is to gain an understanding of the attitudes and perceptions of the use of social networking as an e-recruitment tool. To achieve this, the research has taken a mixed-methods approach whilst focusing on an interpretivist stance. Data was gathered through an interview with the HR Manager at the Security Enterprise and a questionnaire was distributed to 22 employees within the enterprise and 84 respondents on social networking sites. The overall attitudes and perceptions of respondents showed that social networking can be effectively used as an e-recruitment tool as long as a traditional recruitment method is also used.

Women empowerment through social innovation in indigenous social enterprises

Directory of Open Access Journals (Sweden)

Mario Vazquez Maguirre

2016-10-01

Full Text Available Purpose: To explore innovative enabler mechanisms for women’s empowerment in a social enterprise and how they promote local development in a Zapotec indigenous community, the third largest ethnic group in Mexico. Originality/gap/relevance/implications: This paper contributes to the extension of social entrepreneurship literature from a gender perspective, exploring the mechanisms that allow women to succeed in highly marginalized indigenous communities. Key methodological aspects: This paper follows a case study methodology, inductive approach and qualitative methods mainly through 70 in-depth interviews. Summary of key results: Although the male-dominated culture slows down the democratic and political empowerment of women in the community, mechanisms such as job stability, low-interest microcredits and gender-equality policies in the organization have triggered economic empowerment. Key considerations/conclusions: The creation of empowering mechanisms within the social enterprise has allowed the Zapotec community to prosper and increase its general wellbeing. Women have been particularly benefited since the organization has given them the opportunity to work, empowering them to create micro-enterprises and changing the prevailing culture towards a more equalitarian society. Increasing control of their source of income has improved women’s willingness to participate in political and managerial decision-making, inspiring more women in the community to work at the organization Objetivo: Explorar os mecanismos que permitam a capacitação das mulheres em uma empresa social e como elas impulsionam o desenvolvimento local em uma comunidade indígena Zapoteca, o terceiro maior grupo étnico no México. Originalidade/Lacuna Relevância Implicações: Este artigo contribui para a extensão da literatura em empreendimento social a partir de uma perspectiva de gênero explorando os mecanismos que permitem às mulheres prosperar em comunidades ind

The Perception of Investors on Socially Responsible Investment: International Evidence

OpenAIRE

Chiew, Dominic Kia Seng

2008-01-01

It is quite impossible to deny the growing importance of socially responsible investing (SRI) since its introduction in the early 1990s (Robson and Wakefield, 2007), when little attention was paid to this subject within the business ethics community as an alternative outlet to the existing conventional investment philosophy (Sparkes, 2001). The increasing use of Socially Responsible Investment (SRI) in the financial markets has become more apparent today. Organization have included many other...

Theoretical Analysis of The Use of Social Media in The Enterprise Activity

Directory of Open Access Journals (Sweden)

Monika Donculaitė

2017-06-01

Full Text Available The purpose of the article is to present the results of analysis of scientific literature on the social media concept and social media classification and provide insights on how the use of the social media can be expanded in business to get the maximum benefits and minimize potential risks. The structure of the article fits for purpose – presents the analysis of the scientific literature, synthesis, comparison, systematization of information and its graphical visualization. The performed analysis allowed to determine possibilities for application of the social media in the enterprise activities and to identify gained benefits. Social media allows enterprises to communicate more flexible and faster both in the outside and inside environment, facilitates customer accessibility, provides opportunity to quickly respond to customer feedback or inform existing and potential customers about new ideas and proposals.

Socially Responsible Investments : Methodology, Risk Exposure and Performance

NARCIS (Netherlands)

Renneboog, L.D.R.; Ter Horst, J.R.; Zhang, C.

2007-01-01

This paper surveys the literature on socially responsible investments (SRI). Over the past decade, SRI has experienced an explosive growth around the world. Particular to the SRI funds is that both financial goals and social objectives are pursued. While corporate social responsibility (CSR) -

A Social Network Approach to Provisioning and Management of Cloud Computing Services for Enterprises

DEFF Research Database (Denmark)

Kuada, Eric; Olesen, Henning

2011-01-01

This paper proposes a social network approach to the provisioning and management of cloud computing services termed Opportunistic Cloud Computing Services (OCCS), for enterprises; and presents the research issues that need to be addressed for its implementation. We hypothesise that OCCS...... will facilitate the adoption process of cloud computing services by enterprises. OCCS deals with the concept of enterprises taking advantage of cloud computing services to meet their business needs without having to pay or paying a minimal fee for the services. The OCCS network will be modelled and implemented...... as a social network of enterprises collaborating strategically for the provisioning and consumption of cloud computing services without entering into any business agreements. We conclude that it is possible to configure current cloud service technologies and management tools for OCCS but there is a need...

Employee participation in knowledge sharing and change solutions through enterprise social media

DEFF Research Database (Denmark)

Andersen, Mona Agerholm; Agerdal-Hjermind, Annette; Valentini, Chiara

Purpose - This paper explores the relationship between the participative style of the immediate manager and employees’ motivation to participate on enterprise social media both in daily knowledge sharing activities and in relation to organizational change solutions. Methodology - This project.......046). Findings - The data shows a positive relationship between the participative style of the immediate manager and the employees’ motivation to participate on enterprise social media both in daily knowledge sharing activities and in creating and discussing change solutions. Key words: Internal social media...... is based on a quantitative study in a global Danish company with approximately 18,000 employees worldwide. The company has a strategic focus on implementing social collaboration platforms to create a global working culture. An online survey was conducted globally and a total of 1.046 employees replied (n=1...

Coordination of Regional Structures’ Interests Concerning Investment Resources of Educational Services of Enterprises under High-Risk Conditions

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Semchuk Zhanna V.

2016-02-01

Full Text Available The development of professional education in the context of interaction with the labor market has been analyzed and inconsistencies of professional and economic nature have been revealed. Reasons for the imbalance in the structure of the market for labor and education have been identified, and it was noted that they have a negative impact on the economic security of educational institutions and cause the accumulation of negative factors as well. Elements of foreign experience in forecasting economic development and associated with it changes in educational services with regard to high-risk conditions have been considered for the purpose of its application in Ukraine. A conceptual model of information technology for coordination of regional structures’ interests concerning investment resources of educational services of enterprises under high-risk conditions has been proposed. The information technology is based on the econometric model for optimizing enterprise Internet payment systems, criterion of hierarchical games theories, multiobjective optimization, active systems, the model for diagnosing internal and external threats to the economic security of the educational institution; means and methodology of the system-value approach; algorithms for recognition of crisis situations; the optimization model for forecasting crisis situations and managing risk as well as the decision-making system for coordination of regional structures’ interests concerning investment resources based on the model of a program-designtarget complex

ABOUT THE METHODS USED IN PROCESS OF MANAGEMENT OF SOCIAL STABILITY OF THE ENTERPRISE OF TRANSPORT BUSINESS

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Tabachnikova E. V.

2016-12-01

Full Text Available Implementation of the basic principle of the concept of the sustainable development consisting in need of ensuring cost efficiency, social justice and an ecological safety is one of modern requirements to activities of the enterprise. According to the designated purposes within general stability were allocated functional, financial and economic, social and ecological stability of the enterprise. Process of management of stability assumes the choice and adaptation of the corresponding methods and technologies. For the purpose of development of methodology of management of stability of the enterprise the approach to assessment of effectiveness of management based on use of indicators of organizational and labor capacities of the enterprise is offered. A number of offers was made on the basis of results of the researches conducted by the author in the motor transportation enterprises of St. Petersburg in 2014. Methodical approaches to assessment of the indicators characterizing social stability of the entity are given in article. The role of methods of management of organizational changes, in particular, of methods of overcoming resistance of personnel, in the course of ensuring social stability of the enterprise is designated.

Enterprise Social Responsibility and Solidarity Economy: A Possible Partnership

OpenAIRE

Luisa, Graziela; Andrade, Edinara Terezinha de

2012-01-01

Enterprise Social Responsibility - ESR and Solidarity Economy are the main subjects of this article, a time that are significantly important subjects of the present time and are considered concepts still under construction. At first, it will discuss about the theory of Social Responsibility and solidarity economy, under the optics of different authors. After that, the partnership will be presented between the The Incubator of Popular Cooperatives of the Regional University of Blumenau (FURB),...

Benefits of Enterprise Social Networking Systems for High Energy Physics community

Science.gov (United States)

Silva de Sousa, B.; Wagner, A.; Ormancey, E.; Grzywaczewski, P.

2015-12-01

The emergence of social media platforms in the consumer space unlocked new ways of interaction between individuals on the Web. People develop now their social networks and relations based on common interests and activities with the choice to opt-in or opt-out on content of their interest. This kind of platforms have also an important place to fill inside large organizations and enterprises where communication and collaborators interaction are keys for development. Enterprise Social Networking Systems (ESN) add value to an organization by encouraging information sharing, capturing knowledge, enabling action and empowering people. CERN is currently rolling out an ESN which aims to unify and provide a single point of access to the multitude of information sources in the organization. It also implements social features that can be added on top of existing communication channels. While the deployment of this kind of platforms is not without risks we firmly believe that they are of the best interest for our community, opening the opportunity to evaluate a global social network for High Energy Physics (HEP).

Capitals Cost and the Investments Actualisation Rate

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Ion Stancu

2006-02-01

Full Text Available In this article, the author has assumed himself an assignment somehow ostentatious but useful, we believe, naming the one to illustrate by means of figures, the influence of both leverage and economic growth over the cost of capital, cost which will be used in capital budgeting. This synthesis is meant to be a forthcoming approach to a later investigation of the problems raised by the estimation of the cost of capital in the specific conditions of both the financial market in Romania and the quality of the economic-financial information, information available for this estimation. The discount rate for an investment project (kinv with a risk equal to the risk undertaken by the enterprise and financed within the firm’s capital structure itself (having the same leverage is equal to the (weighted average cost of capital in the respective risk class (k. Under these circumstances, it is interesting to find out this opportunity cost of capital invested in a medium-sized enterprise: a with investments in rebuilding the productive capacity, all equity financed; b with investments in rebuilding the productive capacity, financed both by equity and debt; c with new investments, all equity financed; d with new investments, financed both by equity and debt. Under these conditions, we estimate the effect of both the leverage and economic growth over the cost of capital (kec and kc to be able to determine in the end the discount rate of the analyzed investment (kinv: for enterprises with only maintaining investments (g = 0, unlevered (U and levered (L; for enterprises with growing investments (g > 0, unlevered (U and levered (L.

Capitals Cost and the Investments Actualisation Rate

Directory of Open Access Journals (Sweden)

Ion Stancu

2006-04-01

Full Text Available In this article, the author has assumed himself an assignment somehow ostentatious but useful, we believe, naming the one to illustrate by means of figures, the influence of both leverage and economic growth over the cost of capital, cost which will be used in capital budgeting. This synthesis is meant to be a forthcoming approach to a later investigation of the problems raised by the estimation of the cost of capital in the specific conditions of both the financial market in Romania and the quality of the economic-financial information, information available for this estimation. The discount rate for an investment project (kinv with a risk equal to the risk undertaken by the enterprise and financed within the firm’s capital structure itself (having the same leverage is equal to the (weighted average cost of capital in the respective risk class (k. Under these circumstances, it is interesting to find out this opportunity cost of capital invested in a medium-sized enterprise: a with investments in rebuilding the productive capacity, all equity financed; b with investments in rebuilding the productive capacity, financed both by equity and debt; c with new investments, all equity financed; d with new investments, financed both by equity and debt. Under these conditions, we estimate the effect of both the leverage and economic growth over the cost of capital (kec and kc to be able to determine in the end the discount rate of the analyzed investment (kinv: for enterprises with only maintaining investments (g = 0, unlevered (U and levered (L; for enterprises with growing investments (g > 0, unlevered (U and levered (L.

Macro-level enabling conditions for the formation of social business enterprises in the Philippines

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Aaron Laylo

2018-05-01

Full Text Available Purpose - A conducive and enabling environment is imperative for the formation of sustainable social business enterprises (SBEs. This paper aims to identify the macro-level enabling conditions necessary for SBE formation and to analyze them in the context of the Philippines, an emerging economy that is yet to be transformed into an inclusive one. Design/methodology/approach - Major developments on micro-, small- and medium-sized enterprises, specifically on social enterprises, were revisited and analyzed. The author also looked into how they are sustained, supported and nurtured in the Philippines’ overall economic landscape. Extensive data were collected from relevant agencies in public and private sectors, after which they were analyzed parallel to existing academic literature, i.e. theories, models and concepts, on social entrepreneurship and development nexus. Findings - It has been found that the four macro-level enabling conditions, namely, governance, socially inclusive economic approach, financial services and entrepreneurial culture, presumed to be vital for SBE formation, contribute to the latter at various levels, but surely complement each other in the process. Research limitations/implications - The significance of exploring the context in which social enterprises are formed and flourish lies in the sheer importance of understanding the sustained prevalence of SBEs in many economies – both in developed and developing ones. Originality/value - By having a more structured knowledge of the components surrounding SBE formation, the community may be able to also simultaneously explore why and how social entrepreneurs form profit-earning business entities that are primarily driven by social advocacies and goals.

DEVELOPMENT POLICY AND INVESTMENT PROJECTS ASSESSMENT IN THE SECTOR OF SME IN SERBIA

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JUGOSLAV ANIČIĆ

2016-02-01

Full Text Available The problems of rational investing, in other words efficient planning and realization of investment projects, are among key problems in development of every enterprise. For successful realization of business plans, enterprise should make use of its internal strengths and available resources from surroundings, and turn them into its competitive advantage. Small and medium enterprises in Serbia are facing low liquidity and a lack of their own funds for investing into long-term and development projects. Therefore, investment projects are conducted with a high participation of loaned funds, mainly credits, with high interest rates and short terms for paying back. The sector of small enterprises makes numerous mistakes when creating financial plans. Enterprises don’t understand basic parameters of revenues, especially which leverage points manage revenues, and revenues, themselves, are set on a too optimistic level. The time necessary to create revenues is also underestimated. In projections, many significant cost items are underestimated, and some costs are overlooked, which, inevitably, leads to liquidity problems. Needed cash funds are not acquired quickly, so the consequence is a negative cash flow, with all negative consequences in the later life of an enterprise. Such situation dictates necessity of additional caution when assessing investment projects' profitability because investment failures cause large negative consequences, both for an enterprise and a wider area or branch in which it functions. For the assessment of its investment projects small enterprises must use dynamic methods which take time value of money into consideration and which contribute to a better control of cash flows and liquidity of an enterprise.

Analysis of investment appeal of the industrial enterprise by eigenstate method

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Buslaeva O.S.

2017-01-01

Full Text Available An analysis of enterprise performance is considered. The problem is solved based on the analysis of the base indicators of functioning of the enterprise in terms of improving economic stability, and also development of autoregulation mechanism of economical stability of enterprise. An eigenstate method is proposed for the analysis of the basic indicators of the enterprise as it allows to construct an economomical stability model of enterprise. Methodology of economic stability analysis of enterprise on the basis of eigenstate method is described. The formulas for calculating the complex indicator of economic stability are given. The effectiveness of the methodology is demonstrated on the example of economic stability analysis of the large trading company.

Does R&D investment under corporate social responsibility increase firm performance?

OpenAIRE

Yu-Chun Lin

2017-01-01

Research and development (R&D) investment affects firms’ growth and reflects their investment energy. However, it is recorded as an expense in financial statements, according to generally accepted accounting principles (e.g., International Financial Statements Standards). This study examines whether firms’ R&D investment has a positive effect on their performance, when they engage in corporate social responsibility. The author focuses on firms that have earned corporate social responsibility ...

Using Cryptocurrency in the Activities of Ukrainian Small and Medium Enterprises in order to Improve their Investment Attractiveness

OpenAIRE

Ivashchenko Alla I.

2016-01-01

The aim of the article is to analyze the main features of cryptocurrency with respect to the identification of main advantages and disadvantages of using cryptocurrency as a method of effecting cashless payments by small and medium enterprises in order to increase the level of their investment attractiveness. The article describes the basic characteristics of cryptocurrencies and Bitcon as the most common among them. The Bitcoin emission mechanism has been built and the dynamics of c...

Concurrent enterprise: a conceptual framework for enterprise supply-chain network activities

Science.gov (United States)

Addo-Tenkorang, Richard; Helo, Petri T.; Kantola, Jussi

2017-04-01

Supply-chain management (SCM) in manufacturing industries has evolved significantly over the years. Recently, a lot more relevant research has picked up on the development of integrated solutions. Thus, seeking a collaborative optimisation of geographical, just-in-time (JIT), quality (customer demand/satisfaction) and return-on-investment (profits), aspects of organisational management and planning through 'best practice' business-process management - concepts and application; employing system tools such as certain applications/aspects of enterprise resource planning (ERP) - SCM systems information technology (IT) enablers to enhance enterprise integrated product development/concurrent engineering principles. This article assumed three main organisation theory applications in positioning its assumptions. Thus, proposing a feasible industry-specific framework not currently included within the SCOR model's level four (4) implementation level, as well as other existing SCM integration reference models such as in the MIT process handbook's - Process Interchange Format (PIF), the TOVE project, etc. which could also be replicated in other SCs. However, the wider focus of this paper's contribution will be concentrated on a complimentary proposed framework to the SCC's SCOR reference model. Quantitative empirical closed-ended questionnaires in addition to the main data collected from a qualitative empirical real-life industrial-based pilot case study were used: To propose a conceptual concurrent enterprise framework for SCM network activities. This research adopts a design structure matrix simulation approach analysis to propose an optimal enterprise SCM-networked value-adding, customised master data-management platform/portal for efficient SCM network information exchange and an effective supply-chain (SC) network systems-design teams' structure. Furthermore, social network theory analysis will be employed in a triangulation approach with statistical correlation analysis

Locus of legitimacy and startup resource acquisition strategies: Evidence from social enterprises in South Korea and Taiwan

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Yi Ling Yang

2018-05-01

Full Text Available Purpose - Theoretically, the paper aims to provide locus of legitimacy as a framework to not only introduce a multidimensional perspective on legitimacy but also expand the understanding about resource acquisition strategies of social enterprises. Empirically, the authors test the theoretical predictions by using cases from South Korea and Taiwan. Practically, the authors intend to assist chief executive officers (CEOs of social enterprises in their effort to secure valuable resources and provide policy implications so that both South Korea and Taiwan learn from each other. Design/methodology/approach - The authors use case methods to find evidence of the proposed theoretical framework. The initial search for target companies showed that social enterprises in South Korea and Taiwan were ideal samples. In-person, email and phone interviews were conducted on CEOs, and archival data on institutional environments and various aspects of social enterprises were collected. Collected data were analyzed using the locus of legitimacy framework to find out how different emphasis on locus of legitimacy impacted critical decisions of social enterprise, such as human, financial and network resources. Findings - As predicted in the locus of the legitimacy framework, the analyses confirmed that locus of legitimacy did explain critical decisions of social enterprises in South Korea and Taiwan. First, significant institutional forces existed, shaping social enterprises behavior. For example, Taiwanese Jinu showed that greater emphasis was given to internal legitimacy, while South Korean Sohwa was higher in external locus of legitimacy. Such differences systematically impacted choices made on resource acquisition strategies. Jinu showed a greater similarity to those of for-profit companies, aligning key decisions of resource acquisition strategies to achieve financial viability as a top priority. However, Sohwa, though financial performance was still important

Economic and social effects of novel supply chain concepts and virtual enterprises

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György Kovács

2017-05-01

Full Text Available Growing market globalization, increasing global competition, more complex products results in application of new technologies, methods and business processes – due to the abovementioned tendencies novel supply chain strategies (Lean, Agile and Leagile Supply Chains are established. In this study these supply chain concepts are being described and compared. Virtual enterprise is a temporary alliance of enterprises that come together to share their skills, core competencies, costs and resources in order to better respond to rapidly changing market environment and dynamic customer demands. Economic and social benefits and effects of virtual enterprises for customers and production companies and service providers are also described. Optimization software has been developed for optimal formation of virtual enterprise networks and is also introduced in this study. The aim of this software application is to define virtual enterprise as the optimal combination of supply chain members.

Enterprise Architecture (EA) Roadmap

Data.gov (United States)

Office of Personnel Management — The Enterprise Roadmap reflects the information technology (IT) investment priorities established in agency PortfolioStat reviews, as well as IT program decisions...

Review of social issues for large-scale land investment in Zambia

OpenAIRE

Henley, Giles

2017-01-01

Given unsuccessful experiences to date in establishing large-scale investments for biofuels in Zambia, this paper explores the social constraints that may hinder future efforts to use the same models. The author reviews the legal framework that has guided the establishment of most agricultural investments to date (including investment in biofuels), and analyses some of the issues and social repercussions associated with them, through a review of existing case studies. He also explores through...

Theoretical foundations of information security investment security companies

Directory of Open Access Journals (Sweden)

G.V. Berlyak

2015-03-01

Full Text Available Methodological problems related to the lack of guidance in the provisions (standards of accounting on the reflection in the accounting and financial reporting of the research object. In this connection, it is proposed to amend the provisions (standards of accounting. This will allow to come to the consistency of accounting methods of operations with elements of investment activity. Based on analysis of the information needs of users suggested indicators identikativnye blocks (block corporate finance unit assess the relationship with financial institutions, block the fulfillment of obligations according to the calculations, the investment unit, a science and innovation, investment security and developed forms of internal accounting controls and improvements to existing forms financial statements for the investment activities of the enterprise. Using enterprise data reporting forms provide timely and reliable information on the identity and structure of investment security and enable the company to effectively plan and develop personnel policies for enterprise management.

Corporate social responsibility and small-medium sized enterprises: evidence from Greece

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Electra Pitoska

2018-03-01

Full Text Available This paper is a qualitative empirical research of Greek Small and Medium-sized Enterprises (SMEs and examines their dominant perceptions and attitudes towards Corporate Social Responsibility (CSR. The research was conducted in the Region of Western Macedonia, North Greece, via personal interviews based on a structured questionnaire, which was completed by 420 enterprises, with different business functions, and were randomly chosen from local Chamber registers. The results demonstrated that, as Greek SMEs in the periphery have not decided on a particular strategy for Social Responsibility practices, CSR is frequently defined as sponsorship or charity programmes. The research also revealed the restraining factors for SMEs in implementing CSR policies: financial cost, small size of enterprises, absence of specialized partners, and poor supporting role of public authorities. Whereas, the most significant non-financial goals for the enterprises attempting to implement CSR in Greece are: responsibility and respect to customers, promotion of sustainability, environmentally-friendly practices; human resources and protection of rights are less emphasized. Interestingly, more than 80% of the subjects hold that engaging in CSR practices in the current financial context is vital. With regard to the benefits resulting from CSR, the research demonstrated that: Enhancing ‘corporate image’, ‘business performance’, and ‘customer satisfaction’ are significant. Nevertheless, the research highlighted that implementing CSR strategies are rather positively than strongly correlated with the benefits deriving from CSR.

FORMATION OF STRATEGY OF ECONOMIC DEVELOPMENT OF THE ENTERPRISE OF CARGO CAR BUILDING

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N.B. Barulina

2007-12-01

Full Text Available Revival of the Russian economy and the forecast of demand for rail transportation shows, that it is necessary to update park of freight cars which has undergone significant ageing for the lack of regular updating. In the given aspect the special role is got with strategic planning activity of the large car-building enterprise of the Ural federal district – Federal state unitary enterprise "Production association "Ural Carriage-Building Plant". Authors offer strategy of economic development of the given enterprise which contains the following directions: commodity and price strategy, bases of a marketing policy, increase of personnel potential of the enterprise, development of investment process, a Directions of research and developmental activity. The predicted estimation of results of development and introduction of offered strategy of economic development of the enterprise in 2007 − 2010 is made. Spillovers and the results expected from introduction of strategy at a microlevel and a macrolevel, in social and economic sphere and budgetary sphere are submitted.

Corporate social disclosure by public enterprises: Evidence from a less developing African country

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Humayun Kabir

2013-10-01

Full Text Available The study investigates Corporate Social Responsibility (CSR information disclosure practices of a sample of public enterprises operating in a less developing African country (i.e. Swaziland over the years 2008 and 2010. Corporate annual reports and other relevant documents were used to extract CSR disclosure information. The study used content analysis of CSR information appearing in the corporate reports. Content analysis was measured in accordance with number of words. The paper examines five major categories of CSR disclosure such as environmental performance and policies, human resources, community activities, fair business practices, and human rights. Findings show that the trend of increasing amounts of corporate social information disclosure amongst the enterprises from 2008 to 2010 has not increased significantly. Results show that human resources disclosure issues were greatest followed by community involvement and then by environmental related issues. There was no attempt to disclose human rights issues by the enterprises. This study contributes to the literature on CSR reporting practices by public enterprises in the context of less developing African countries.

RUSSIAN “PYRAMID” AS A TOOL TO EVALUATE SOCIAL INVESTMENTS

OpenAIRE

Votchenko, E.S.

2016-01-01

The purpose of this research is to analyze the modern trends and today’s development stage of social investments and corporate social responsibility (CSR) in Russia. The core of the corporate interactions are social investments that are formed around the image and reputation of a modern business. It means for the Russian business community the extension of the ranges of tools and responses to calls by the authorities and society, provides a unique opportunity to build partnerships with the eq...

'A COMPARISON OF FINANCIAL PERFORMANCE AND INVESTMENT STYLES FOR SOCIALLY RESPONSIBLE AND CONVENTIONAL INVESTMENT INDICES IN THE UNITED STATES'

OpenAIRE

Amish, Patel

2013-01-01

This paper investigates comparing the financial performance for socially responsible investment equity indices and conventional investment equity indices in the United States, accounting for the recent financial crisis. Two conventional indices are used as a benchmark to four socially responsible indices. The conventional indices used in this paper are the S&P500 Index and CRSP Total Market Index. The socially responsible indices used are the Calvert Social Index, FTSE4Good U.S. Select Index,...

A case of social investment: Uere and Phillips Petroleum do Brasil Projects

Energy Technology Data Exchange (ETDEWEB)

Medeiros, Daniella dos Santos; Fryklund, Robert Eugene [Phillips Petroleum do Brasil Ltda., Rio de Janeiro, RJ (Brazil); Mello, Yvonne Bezerra de [Projeto Uere, Rio de Janeiro, RJ (Brazil)

2004-07-01

CONOCOPHILLIPS views Social Investment as an important element of contributing to social progress and achieving its view of Sustainable Growth. According to CONOCOPHILLIPS a company's ability to grow depends not only on its business successes but also on its reputation as a corporate citizen. This reputation is built largely by responsible civic actions, social investment and environmental stewardship. The company invests in programs that provide sustainable community development, benefit the stakeholders, are aligned with its strategic business objectives, and are consistent with its core values. CONOCOPHILLIPS recognizes that the most effective corporate social investment is achieved by pro actively identifying the key community needs and by entering into strategic partnerships with agencies and organizations that serve good causes. In Rio de Janeiro, Phillips Petroleum do Brasil, a subsidiary of CONOCOPHILLIPS, has been working with Projeto Uere, a non-profit non-governmental organization (NGO) that runs an educational program for children living under social risk in Favela da Mare. Projeto Uere performs preventive work, helping children overcome their learning and social difficulties. The Projeto Uere case study results will highlight the application of some of CONOCOPHILLIPS social investment policies and strategies used to select and evaluate partnership projects in Brazil. (author)

Legal Framework for Social Enterprise : Lessons from a Comparative Study of Italy, Malaysia, South Korea, United Kingdom, and United States

OpenAIRE

Triponel, Anna; Agapitova, Natalia

2017-01-01

Social enterprises are emerging as a new area of public policy: several countries seek to stimulate private sector contribution to development outcomes, and social enterprises could be important players in that agenda. However, those seeking a middle ground between for-profit and non-profit sectors to enable social enterprise have found legal frameworks to be lacking. This has triggered a ...

Advancing social and economic development by investing in women's and children's health: a new Global Investment Framework.

Science.gov (United States)

Stenberg, Karin; Axelson, Henrik; Sheehan, Peter; Anderson, Ian; Gülmezoglu, A Metin; Temmerman, Marleen; Mason, Elizabeth; Friedman, Howard S; Bhutta, Zulfiqar A; Lawn, Joy E; Sweeny, Kim; Tulloch, Jim; Hansen, Peter; Chopra, Mickey; Gupta, Anuradha; Vogel, Joshua P; Ostergren, Mikael; Rasmussen, Bruce; Levin, Carol; Boyle, Colin; Kuruvilla, Shyama; Koblinsky, Marjorie; Walker, Neff; de Francisco, Andres; Novcic, Nebojsa; Presern, Carole; Jamison, Dean; Bustreo, Flavia

2014-04-12

A new Global Investment Framework for Women's and Children's Health demonstrates how investment in women's and children's health will secure high health, social, and economic returns. We costed health systems strengthening and six investment packages for: maternal and newborn health, child health, immunisation, family planning, HIV/AIDS, and malaria. Nutrition is a cross-cutting theme. We then used simulation modelling to estimate the health and socioeconomic returns of these investments. Increasing health expenditure by just $5 per person per year up to 2035 in 74 high-burden countries could yield up to nine times that value in economic and social benefits. These returns include greater gross domestic product (GDP) growth through improved productivity, and prevention of the needless deaths of 147 million children, 32 million stillbirths, and 5 million women by 2035. These gains could be achieved by an additional investment of $30 billion per year, equivalent to a 2% increase above current spending. Copyright © 2014 Elsevier Ltd. All rights reserved.

From ¡°Double Pyramid¡± Thoughts to Corporate Social Responsibility for Enterprise Employees

OpenAIRE

Guiling Wei

2013-01-01

The purpose of this paper is to study corporate social responsibility for staffs based on the pyramid of Maslow¡¯s hierarchy of human needs and the pyramid of Carroll¡¯s corporate social responsibility. This research takes advantage of ¡°double pyramid¡± thoughts to discuss some enterprises lack of corporate social responsibility for their employees. Today, we are building of a harmonious society, each enterprise should not only realize the profit maximization, but also to meet the individual...

Trends of development of social responsible investment in Ukraine: accounting principles

Directory of Open Access Journals (Sweden)

Rudeychuk S.V.

2017-08-01

Full Text Available The research is devoted to the study of the features and trends of the development of socially responsible investment in Ukraine. The main objective of the study of social responsibility issues is to systematize and study the prospects for the development and evaluation of corporate social responsibility in Ukraine, as well as to study the peculiarities of its accounting reflection in the accounting system. In the course of the study, the current state of social projects in Ukraine was studied, as well as the main obstacles and perspectives of the development of socially responsible investment in Ukraine. The research defines the features of socially responsible investment in order to identify the main areas of improvement of the information provision of formation of social reporting indicators. The article proposes the bookkeeping for directions of enterprise’s social activity in clearly defined accounts of accounting, regardless of the level of its regulation, followed by the development of analytical sections of accounting in the relevant areas of social policy.

CORPORATE SOCIAL RESPONSIBILITY AS AN INSTRUMENT OF SUSTAINABLE DEVELOPMENT OF PRODUCTION ENTERPRISES

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Ewelina GAWEŁ

2015-07-01

Full Text Available The paper deals with the issue of corporate social responsibility as an instrument of operationalising the paradigm of sustainable development on the microeconomic level in the sector of production enterprises. It presents a genesis and importance of CSR and indicates the most relevant essential instruments of CSR implementation on an enterprise level. The paper also analyses endogenous and exogenous benefits from implementing CSR into the business practice.

The money-flows of socially responsible investment funds around the world

NARCIS (Netherlands)

Renneboog, L.D.R.; Ter Horst, J.R.; Zhang, C.; Baker, H.K.; Nofsinger, J.R.

2012-01-01

This chapter studies the money flows into and out of socially responsible investment (SRI) funds around the world. In their investment decisions, investors in SRI funds may be more concerned with ethical or social issues than with fund performance. Therefore, SRI money flows are less related to past

Theory of social organisations as the methodological basis of economic management of an enterprise

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Ligonenko Larysa O.

2013-03-01

Full Text Available The article provides the author’s interpretation of the “economic management of an enterprise” notion, which is offered to be considered as an integrating and co-ordinating type of management, the main goal of which is ensuring long-term viability of an enterprise. The article considers genesis of organisational theories with respect to necessity, principles, rules, recommendations and procedures of managerial activity. It justifies expediency of formation of the methodological base of economic management of an enterprise on the basis of use of the problem theory of social organisations of V. I. Franchuk. The article describes the author’s concept of the essential characteristics and the process of organisation of economic management of an enterprise. It justifies a necessity of replenishment of classical management functions with three new functions: problem management, development and economic security (risk tolerance. It characterises principles and organisation of functioning of the “social mechanism”, which should be envisaged in the system of economic management of an enterprise.

Socially Responsible Property Investment in Cities – Between Economic Reasoning and Social Obligations

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Brodowicz Dominika P.

2017-06-01

Full Text Available This article focuses on socially responsible property investment (SRPI, which is an investment estimated not only to bring financial gain but also social and environmental benefits. The theoretical part of the paper draws on existing literature on responsible investment. The empirical part discussed in this article is based on original research conducted by the author. Starting with a global and regional overview, the query was narrowed down to a national level (Poland with a case study of the capital - Warsaw. The overarching research problem was described as follows: How are SRPI principles manifested and implemented by investors in the commercial real estate market? Additionally, investigation was supported by numerous questions regarding the interest in SRPI and an understanding of its principles and benefits among investors. Research goals were pursued based on primary and secondary data sources regarding existing and planned SRPI projects within the commercial real estate industry. Results indicate that there is a disparity between declared support for SRPI and market practice. At the conceptual level, there is an understanding of responsible investment principles and will to conduct such projects. However, commercial property practice proves a different reality with primary focus on green buildings, while the social factor is missing.

FINANCING OF INVESTMENT PROJECTS OF GAS DISTRIBUTION ENTERPISES AS A FACTOR OF THEIR DEVELOPMENT

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Svitlana Korol

2016-03-01

Full Text Available In the article theoretical questions of formation sources of financing investments   are  considered, the analysis of investment activities is carried out by the sources of funding for gas  utility. The purpose of this article is to identify priority sources of financing investment activities of gas distribution enterprises. The  methodology  of  research.  To  achieve  this  goal  the  author  used  methods  of  theoretical generalization; statistical and financial methods in the study of dynamics and structure of  investment; tabular methods to display the structure of the main sources of financing of  the  investment program of gas distribution enterprises; consistency and comparison, to determine the relationship between the main components of investment sources of financing. As a result of research by critical retrospective analysis to determine the structure of sources of financing investment activities of gas distribution enterprises. It is established that the main sources of financing the investment program are the tariffs for transportation and supply of gas, says the national Commission, carrying out state regulation in the areas of energy and  utilities (NCREU. It is filed the structure of the main financing sources of the investment  program of gas distribution enterprises. It is proved that the level of funding depends on the size  of NCREU rates and gas consumption. Scientific novelty of the article is lack in domestic and foreign areas of research priority  selection of sources financing of the investment program for gas distribution enterprises. The practical significance is that the theoretical concepts, practical results and conclusions of  articles that reveal the essence of the problem of investment sources of financing, can be used in  the activity of gas distribution enterprises taking into account the current state of development  of the economy. Keywords: investment  resources,  financing

Social Enterprise, Capabilities and Development: Lessons from Ecuador

OpenAIRE

Scarlato, Margherita

2012-01-01

The paper analyses how the theoretical framework of social enterprise proposed in the academic debate could be operationalised in the specific socioeconomic context of Ecuador. Recently, this country designed a new economic paradigm based on the solidarity economy model to reconcile an ambitious developmental state platform with the vision of a participatory strategy that pursues democracy, human rights and poverty reduction. This paradigm was enshrined in the constitution and elaborated thro...

Managing Small Business Enterprise: Social Capital and Financial Approach at Regency Probolinggo

OpenAIRE

Harmono, Harmono

2009-01-01

This study attempted to analyze management model of small business enterprise inProbolinggo regency. Conceptual framework was based on social capital and financial approach.Terms of finance would be analyzed with financial audit, and social capital consisting ofindividual behavior, organization behavior in groups, relationship with others and governmentinstitution which followed local social norms enhancing goals congruence. Research designintegrated both exploratory and confirmatory research...

DEVELOPMENT POLICY AND INVESTMENT PROJECTS ASSESSMENT IN THE SECTOR OF SME IN SERBIA

OpenAIRE

JUGOSLAV ANIČIĆ; DUŠAN ANIČIĆ; DALIBOR PAVLOVIĆ; RATKO GARIĆ; VESNA PETROVIĆ

2016-01-01

The problems of rational investing, in other words efficient planning and realization of investment projects, are among key problems in development of every enterprise. For successful realization of business plans, enterprise should make use of its internal strengths and available resources from surroundings, and turn them into its competitive advantage. Small and medium enterprises in Serbia are facing low liquidity and a lack of their own funds for investing into long-term and d...

Dynamics of investment in fixed capital in the economy of the Northern regions

Directory of Open Access Journals (Sweden)

Yusif Alimovich Gadzhiev

2015-03-01

Full Text Available The article describes characteristics and trends of investment in fixed capital of the Northern regions. It singles out phases of rapid pre-crisis growth, crisis, post-crisis growth and stagnation. Stagnation and decline in recent years are caused by completed major investment projects, reduced own funds of enterprises, limited availability of investment resources and increased capital outflow. The article reveals that the growth of investment in fixed capital of the North in the post-crisis period is provided by the regions, carrying out major investment in oil and gas pipeline transport, oil extraction, production and distribution of electricity, gas and water. The changes in the sectoral structure of investment in fixed capital of the Northern regions are barely visible; the share of investment in the traded sector is still high, especially in mining, due to the Northern regions’ specialization in the extractive industries. The share of investment in the public sector and social services remains low. The specific structure of investment in fixed capital has changed: the share of investment in buildings (excluding housing and structures has increased greatly; the share of investment in machinery, equipment, vehicles has decreased due to insufficient investment in mining enterprises and financial shortages in manufacturing. In most regions the structure of investment in fixed capital by directions is characterized by the increase in the share of investment in machinery, equipment, vehicles in new construction, investment in buildings and structures and the decline in the proportion of investment in machinery, equipment, vehicles modernization and reconstruction and acquisition of new fixed assets. The dynamics and the inefficient structure of investment in fixed assets and directions testify the shortage of investment in innovation in the Northern regions

Social Networks as Enablers of Enterprise Creativity: Evidence from Portuguese Firms and Users

Directory of Open Access Journals (Sweden)

Silvia Fernandes

2016-06-01

Full Text Available The present work analyzes the profiles of social networks’ users, individuals and enterprises in Algarve (Portugal, having accomplished online questionnaires. Samples of 230 users and 70 firms were collected. According to data obtained there are different behaviors. Users’ results highlight the need of harnessing the potential of recruitment and business projects through social networks, as searching for knowledge, communication and professional relations are expressive. Firms’ results reveal two types of social networks’ use: 1 knowledge search, interact with customers, launch new products; and 2 potential for marketing. Users’ desire of expressing own ideas and being creative had low importance. In social networks they auscultate more about what others are doing than revealing own aspirations. Here firms can act in order to shape users’ attitudes and preferences to their creativity. Thus, enterprises can use the first level of social networks (knowledge and product-customer interaction in order to enhance the second level (marketing and innovation.

7 CFR 4290.700 - Requirements concerning types of Enterprises to receive Financing.

Science.gov (United States)

2010-01-01

... BUSINESS INVESTMENT COMPANY (âRBICâ) PROGRAM Financing of Enterprises by RBICs Determining Eligibility of... Financing. (a) Rural Business Concern Investments. At the close of each of your fiscal years— (1) At least...) in Financings in the form of Equity Capital in such Enterprises. (c) Small Business Concern...

The Use of Enterprise Social Networks in Organizations from the Perspective of Generation Y in the Czech Republic

Directory of Open Access Journals (Sweden)

Becan Martin

2016-03-01

Full Text Available The article presents the views of the Czech Generation Y on the use of enterprise social networks and their expectations and ideas about the use of communication methods or tools in the context of communication and collaboration in an organization. Emphasis is placed on the possibility of using enterprise social networks in the organizational context. The questionnaire survey that was conducted (838 respondents completes the view of Czech managers on communication in organizations examined in the European Communication Monitor 2014. This research highlights the different ideas of representatives of Generation Y on personal and professional communication. The distinction lies between the communication methods they commonly use in private life or in the course of their studies and their perception of what methods are or will be used in organizational context for internal communication. Finally, the article discusses institutional resistance in implementing enterprise social networking in an organization. It follows from a broader discussion that an important determinant of success in implementing enterprise social networks is not only the willingness of ordinary employees to use them, but also that of managers. On the one hand, they want enterprise social networks to be used by their employees, but on the other hand, they do not want to use them themselves.

Influence determination of social responsibility to the productivity enterprise activity level

OpenAIRE

Kavun, Sergii; Zhosan, Ganna

2016-01-01

The purpose of this paper is to develop a scientific and methodical approach for determination of the comprehensive social responsibility indicator in this paper based on estimation of influence degree for the economical, ecological, social and labour, standard and legal components. There is allowance for determining of some level of enterprise social responsibility. In addition, there is a basis for development some ways of their increasing. The essence of the used approach is clotting of th...

Social class and parental investment in children

NARCIS (Netherlands)

Gauthier, A.H.; Scott, Robert A.; Kosslyn, Stephen M.

2015-01-01

This essay critically reviews the literature on social class differences in parental investment in children including differences in (i) parenting practices or behavior; (ii) parenting styles, logics, and strategies; and (iii) parenting values and ideologies. The essay reveals how structural and

The importance of enterprise value assessment in transition economies

OpenAIRE

Halil Kukaj

2017-01-01

Making the right investment decisions regarding sale and purchase of the company, or joining of any other enterprise, it is necessary that the decisions in question has to be taken based on the assessment of the value of the enterprise. Assessing the value of the enterprise must be in accordance with recommendations of the International Standards value assessment of the enterprise. Enterprise value evaluators must conduct the assessment, in accordance with basic principles, such as: assessmen...

Analysis on Investment Behavior of Agricultural Sector in China

Institute of Scientific and Technical Information of China (English)

Sun Zhuo

2015-01-01

In the process of industrialization, China has been a big agricultural country, and the agricultural sector's economic activities have been playing important role in economic growth. This paper established the investment behavior model of agricultural enterprises on the basis of Chinese practice. And then, the model presented the important factors impacting on investment, such as financing cost, wage, and policy factors,etc. Thirdly, this paper in particular usedR-studio to estimate the impact of financing cost and policy factor on investment and capital accumulation of primary industry sector by gathering the data from 2003 to 2013. The results showed that the official interest rate of loans of financial institutions could be the proxy variable as the financing cost of agricultural enterprises, and the employment level of agricultural enterprises had negative impact on investment. Finally, this paper provided some explanations and suggestions on the basis of above results.

The opportunity cost of negative screening in socially responsible investing

NARCIS (Netherlands)

Trinks, Pieter Jan; Scholtens, Bert

2017-01-01

This paper investigates the impact of negative screening on the investment universe as well as on financial performance. We come up with a novel identification process and as such depart from mainstream Socially Responsible Investing (SRI) literature by concentrating on individual firms’ conduct and

Account Managers Creation of Social Capital: Communal and Instrumental Investments and Performance Implications

NARCIS (Netherlands)

W.J.M.I. Verbeke (Willem); F.D. Belschak (Frank); S.H.K. Wuyts (Stefan); R.P. Bagozzi (Richard)

2004-01-01

textabstractAccount managers invest in two distinct, compensatory social ties to achieve social capital, namely peripheral knowledge ties and implementation support ties. The first ties require communal investments, which consist of organizational citizenship behaviors and peripheral information

A Framework for Assessing the Social and Economic Impact of Sustainable Investments

Directory of Open Access Journals (Sweden)

Räikkönen Minna

2016-09-01

Full Text Available Investments towards sustainable development are vital for the future and they must be carefully planned to deliver immediate and long-term benefits. Hence, the ability to communicate the forms of impact of sustainable investments to local societies, people, investors and other stakeholders can provide a competitive advantage. However, the assessments are often under pressure to demonstrate short-term effects rather than emphasise the long-term impact. In addition, indirect and intangible forms of impacts should not be measured solely in economic terms. This paper proposes an assessment framework to support the integrated economic and social impact assessment of sustainable investments aimed at improving physical and socio-economic wellbeing. The framework is demonstrated in two case studies: new construction and renovation investments in affordable housing and social impact investment in sustainable development. The investments in the case studies are evaluated, selected and prioritized not only in terms of money but also with regard to sustainability, social acceptability and their overall impact on society, as a whole. The results indicate that a systematic integrated assessment of monetary and non-monetary factors can be successfully combined with the sustainable development decisions.

Social Media Marketing as a tool for promoting the regional investment portals

Directory of Open Access Journals (Sweden)

Alisa Yu. Fadeyeva

2016-01-01

Full Text Available Objective to investigate the potential of Social Media Marketing as a tool for promoting regional investment portals in the information environment to identify the most effective ways of its implementation and to determine the level of mastering of this tool by the Russian regions. Methods general scientific methods observation comparison analysis induction deduction analogy classification. Results the analysis showed that today Social Media Marketing is an essential tool for interaction with the investment community and one of the most effective ways to promote the regional portal which allows to increase the knowledge of and loyalty to the brand to increase the targeted website traffic to increase the awareness of investors about the specific features of the portal and the regional development agenciesrsquo functioning to promptly receive information about the investment environment and to establish contacts with investors. At the same time the study of SMMactivity in the Russian regions revealed a very low level of quality of communication with investors through social networks. Scientific novelty for the first time the article investigates the significance and makes the comparative analysis of the Social Media Marketing channels with regard to investment promotion agencies as well as the results of the regional structures functioning for effective communication through social networks. Practical significance the main results of the research can be used by the regional investment agencies in order to promote their websites increase the quality of communication with investors and promote the investment attractiveness of the region as a whole. nbsp

Developing a Social Enterprise Performance Scale and Examining the Relationship Between Entrepreneurs’ Personality Traits and Their Perceived Enterprise Performance

OpenAIRE

Liang, Chao-Tung; Peng, Li-Pei; Yao, Shu-Nung; Liang, Chaoyun

2015-01-01

On the basis of the lack of measurement tools and the research gap regarding social entrepreneurship, three studies were conducted to develop a new measure of social enterprise (SE) performance that is empirically valid and easy to administer. The purpose of this measure was to examine the relationship between entrepreneurs’ personality traits and their perceived SE performance. The results indicated that SE performance can be assessed using four dimensions: personal issues, so...

The creation of a development fund for small and intermediate enterprises in the nuclear sector

International Nuclear Information System (INIS)

Anon.

2014-01-01

The French public bank of investment (Bpi france) has announced its new strategy of investment in small and intermediate companies in the nuclear industry in order to help them to develop and to export. Long-term Investments from 1 to 13 million euros will help to reinforce the innovation capability and competitiveness of enterprises, the purpose is to stimulate a global trend towards the emergence of bigger size enterprises. In France, nuclear industry employs 220.000 people dispatched in more than 2500 enterprises. (A.C.)

Social responsibility of the head in the system of staff planning of the enterprise

Directory of Open Access Journals (Sweden)

O. S. Reznikova

2017-01-01

Full Text Available The principles of social partnership when changing the bases of social and labor relations become an important element in the work of the modern leader. In Russia, on the part of the state for 2016–2021 years, it is planned to form a new model for the sphere of labor relations in the form of effective cooperation between employers and employees through the introduction of innovative principles. In conditions of objective competitive restrictions, the implementation of the principles of social responsibility is difficult. Toughening of legal norms with regard to the responsibility of managers in the system of collective social and labor relations, on the one hand, is intended to reduce the share of offenses in the organization of labor remuneration, unjustified its differentiation, on the other, reduces the management motivation caused by the increased risk of such liability. The social responsibility of the enterprise manager as a phenomenon alters the content of the mechanism of its distribution. Providing the Russian economy with highly competitive jobs implies a significant increase in labor productivity, therefore, the growth of wages and staff development is stipulated. Effective leadership aimed at the strategic development of the enterprise, not in all situations is able to solve unstructured tasks, even with sufficient attention to the staff and the right style of behavior. The tool for implementing strategic goals in this case is the personnel policy of the enterprise, which is proposed to be implemented in accordance with the developed professional-qualification model. The growth of the efficiency of the enterprise should be ensured with the use of internal reserves without attracting new personnel due to the renewal of production capacities, retraining of the staff for the purpose of acquiring higher skills and the ability to efficiently and efficiently employ flexible employment.

Multilateral development banks and socially responsible investments--the case of tobacco.

Science.gov (United States)

Lal, Pranay

2012-12-01

Globally, tobacco kills more people than HIV-related conditions or AIDS, tuberculosis and malaria combined. In 1991, The World Bank, the world's largest lender, pledged that it would no longer support tobacco-related projects. It was expected that other financial investors would follow, but most did not respond to this call. As a result, several financial institutions continue to invest in tobacco and fuel an epidemic to an unprecedented scale. Using tobacco as a case in point, this review highlights the continuing investments among financial institutions which do not conform to 'socially responsible investments' and calls for monitoring and reporting such unethical practices. The paper also underscores the need to harmonise the numerous criteria, principles and voluntary codes that govern socially responsible investing and ensure that financial institutions comply with them.

Social Status of Working Youth at Enterprises of the RSFSR in 1941-1945

Directory of Open Access Journals (Sweden)

Paramonov Vyacheslav Nikolaevich

2015-11-01

Full Text Available The article is devoted to a relatively little-known problem in historical science – the social situation of young workers in industrial enterprises of the RSFSR during the Great Patriotic War. In the period under review socialization of boys and girls was accelerated. The shortage of youth labor force has become a major source of replenishment of the workforce of the industrial enterprises. In wartime the state faced the task of compensating the effects of adverse social conditions, the elimination of obstacles to the normal socialization of youth, its full entry into adulthood. It has been associated with the work of the Komsomol party, trade union organizations of patriotic, international, labor education of young people, for the prevention of youth crime, to ensure the adaptation of young people in enterprises meeting minimum social requirements. During the war years social hierarchy rendered inverted young commanded older age. Big shortage of staff led to the fact that the Komsomol party, trade union organizations have promoted young workers through the ranks, even against their own will and the lack of education. This urged part of the youth to support the government and actively participate in the implementation of government objectives. The social situation of young workers during the Great Patriotic War, reflected in their content of the negative impact of extreme conditions of war: the weakening of family ties and the continuity of generations, limited access to education, forced migration, forced character of labor, progressive increase in prices, falling living standards, reducing the degree of social protection. Rigid administrative consolidation of the Soviet population residing in settlements and businesses made it impossible to the natural migration of young people. A characteristic is limited and often complete absence, to meet the most urgent needs of material and social nature. The extreme deterioration of working and living

Social-and-economic mechanism of formation of favorable investment attractiveness of the region

Science.gov (United States)

Tereshkina, Tatiana; Mottaeva, Angela; Andreeva, Larisa; Larinina, Tatyana

2017-10-01

The article is devoted to the matters of investment attractiveness of regions. The factors making the regional investments possible. The authors argue, that social-and-economic development of regions is connected with the formation of the financial mechanism, representing the set of forms and methods of the organization, planning and stimulation of financial-and-economic activity in the certain social-and-economic space. The proper mechanism of formation of favorable investment attractiveness are offered. Besides, the ways of elimination of limiting factors in formation of favorable investment attractiveness are offered.

Learning by outward FDI: Evidence from Chinese manufacturing enterprises

Directory of Open Access Journals (Sweden)

Yang Yaping

2017-01-01

Full Text Available Using firm-level data of Chinese manufacturing enterprises between 1998 and 2007, we investigate the existence and channels of “learning by outward FDI”. Difference-in-differences estimation reveals that productivity of Chinese parent firms is significantly improved by their outward foreign direct investment and the learning effects form a “V” shape in the following years. There is no significant difference in learning effects between state-owned enterprises and non-state-owned enterprises; neither do we find any evidence that investing in countries with advanced technology gives more learning effects. In addition, we find that learning effects mainly come from technology transfer, technology spillovers and an enlarged production scale.

Human Capital Management and Accountability of Social Enterprise

Directory of Open Access Journals (Sweden)

Abu Bakar Siti Anis Nadia

2017-01-01

Full Text Available The emergence of social business enterprises has been attributed to the increased demand for sustainability among the non-profit organisations (NPOs due to diminishing funding from traditional sources and increased competition for the scarce resources. To date, there is growing interest on social businesses (SBs as innovation in providing public services that contributes to the social wellbeing of community. This in turn can be linked directly or indirectly to economic development as the sustainability level of the country is measured specifically towards the development of human capital and solving the social problems rather than the economics alone. Indeed, having both economic and non-economic aims, SBs would be the potential solutions to address a range of societal issues and increase the efficiency and quality of public sector services that focus on equitable growth with ecological sustainability. Therefore, it is important to explore the relationship between capability of SBs and the social impact created. This paper explores on capability based on human capital management and social impact or value created through SBs. This is expected to provide some insights on the sustainability and credibility of SBs to support the government efforts in moving towards high nation income.

"Provisional Measures on Establishment of Foreign-invested Equity Investment Fund Management Enterprises in Beijing"%《在京设立外商投资股权投资基金管理企业暂行办法》

Institute of Scientific and Technical Information of China (English)

2010-01-01

@@ Article 1 In order to promote development of equity investment funds and encourage foreign investors to launch foreigninvested equity investment fund management enterprises in Beijing, this measure is promulgated according to the " Approval of the State Council on Supporting Zhongguancun Scientific Park Constructing State-class Independent Innovation Demonstration Zone"(State Council documents, No28,2009), the "Proposals of the CPC Beijing Municipal commission and the People's Government of Beijing on Promoting Finance Development" (Beijing documents, No.8,2008) , the " Proposals of the People's Government of Beijing on Finance Promoting Economic Development in Beijing"(Beijing Government documents, No.7,2009) , and the "Proposals on Promoting development of Equity Investment Fund Industry"(Beijing Finance Office,No.5,2009).

Uncertainties as Barriers for Knowledge Sharing with Enterprise Social Media

DEFF Research Database (Denmark)

Trier, Matthias; Fung, Magdalene; Hansen, Abigail

2017-01-01

become a barrier for the participants’ adoption. There is only limited existing research studying the types of uncertainties that employees perceive and their impact on knowledge transfer via social media. To address this gap, this article presents a qualitative interview-based study of the adoption...... of the Enterprise Social Media tool Yammer for knowledge sharing in a large global organization. We identify and categorize nine uncertainties that were perceived as barriers by the respondents. The study revealed that the uncertainty types play an important role in affecting employees’ participation...

INCREASE OF EFFICIENCY OF FUNCTIONING OF THE ENTERPRISE ON THE BASIS OF INVESTMENT IN THE OPTIMIZATION OF BUSINESS PROCESSES FOR MANAGING WAREHOUSE RESERVES

Directory of Open Access Journals (Sweden)

Aliya Nurfaizovna Gabdulakhatova

2017-06-01

Full Text Available The relevance of this topic is due to the fact that inventory management is one of the important parts of the enterprise management policy in the servicing industry. The article summarizes the importance of stock optimization at the enterprise, presents the stages of inventory management, provides a horizontal analysis of the main results of the enterprise’s activities, and, based on the tree of problems method and the decision tree, identifies the problems and ways to optimize the business processes for inventory management. One of the ways to improve the financial condition of an enterprise, by improving business processes in inventory management, which will require certain investments, suggests the use of logistics center services. The purpose of this work is to identify ways to optimize the activities of the enterprise in inventory management. Methodology: There were used methods of analysis of financial and economic activity, also economic and mathematical methods. Results: the most informative parameters showing the efficiency of optimization of the enterprise’s activities. Practical implications it is expedient to apply the received results the economic subjects which produce products with subsequent sale.

Methodical Approach to Assessment of Quality of Labour Life of Industrial Employees Using Example of Engineering Enterprises

Directory of Open Access Journals (Sweden)

Stamatin Oleksandr V.

2014-03-01

Full Text Available The goal of the article is presentation of results of study of factors of influence upon quality of labour life of industrial employees and justification of a scorecard of its assessment at the micro-economic level with the use of statistical methods of study. The article proves that the quality of labour life is based on enterprise capabilities, which depend on economic results, identified by the use of financial, material and human resources, effectiveness of the innovation and investment activity. The article reveals main factors that influence the quality of labour life of industrial employees using example of engineering enterprises: labour remuneration, social provisions, possibility to develop personnel, progressive state of fixed assets, financial sustainability of the enterprise, and effectiveness of investing into innovation activity. The article proves expediency of use of statistical methods of study for assessment of quality of labour life of employees, namely: multi-dimensional factor analysis, neural networks and folded additive technique. Their use helped to reveal indicators that are the most sensitive to managerial impact for ensuring quality of labour life. The article justifies stages of methodical approach to assessment of the quality of labour life of industrial employees, which was applied at engineering enterprises, which proves its significance and theoretical substantiation.

Investment analysis of St. Petersburg and Leningrad region

Directory of Open Access Journals (Sweden)

E. A. Borkova

2016-01-01

Full Text Available This article discusses the need for new approaches to improve the competitiveness of North-West Federal District of Russia, which based on knowledge of tendencies of innovation development. Innovative development ensures sustainable development of the region. Analysis conducted by the author has the main idea to evaluate the prospects of economic development of the region. It is almost impossible to imagine the modern world without innovations occurred, that have become familiar, and future innovations contributing to the further evolution of the economic system. Most scientists agree on that innovation has become the main driving force of economic and social development. Therefore, the main research problem is the assessment of the prospects of economic and innovative development of the North-West Federal District and its place in the Economy of Russia. Russia - the country is so sharp inter-regional economic, social and political contrasts that each potential investor with sufficient information about the investment climate can select the region with the best conditions for investment. Usually the investor to make a decision is necessary to have estimates of the degree of investment attractiveness and the level of existing risks. The division of regions on the basis of the investment attractiveness allows more reasonable to formulate the basic principles of regional policy, as well as to encourage regional governments to more vigorous action to improve the investment climate. Analysis of investment attractiveness of the Russian Federation subjects showed that the regions have different investment opportunities (potentials, and they have different risk factors. Research investment processes involved in a huge number of economists and analysts. Additional investments are required in any industry. Whether it is to attract the investor to open a new business, maintaining the city-forming enterprise, a particular region or country as a whole.

Promotion of energy efficiency in enterprises

International Nuclear Information System (INIS)

Beltrani, G.; Schelske, O.; Peter, D.; Oettli, B.

2003-01-01

This comprehensive report for the Swiss Federal Office of Energy (SFOE) presents the results of a study made within the framework of the research programme on energy-economics fundamentals on how the energy efficiency of enterprises can be improved. The report first examines the present state of affairs in Swiss enterprises and looks into the interaction of energy efficiency and environmental management systems. ISO 14001 certification is discussed and examples are given of the responses of various enterprises to a survey concerning the role of energy efficiency in environmental management. Both hindrances and success factors for the embedding of energy-efficiency measures in environmental management activities are discussed and examples are given. Instruments available in Switzerland and from abroad that can be used to promote energy efficiency in enterprises are discussed. Four particular instruments are presented; guidelines and computer-based tools that help in the making of energy-relevant investment decisions, incentives to take part in an energy-benchmark system for small and medium-sized enterprises (SME), low-interest loans for investments in energy-efficiency for SMEs and the closer definition of 'continuous improvement' of energy efficiency within the framework of ISO 14001. The results of a survey amongst those involved are discussed. The report is concluded with recommendations for the implementation of the guidelines and for improvements in the integration of energy efficiency in environmental management systems

The Implementation of Principles of Sustainable Development in Ukrainian Oil and Fat Enterprises

Directory of Open Access Journals (Sweden)

Beskupska Olena V.

2017-12-01

Full Text Available Three main components of the concept of sustainable development are analyzed: economic development, social inclusion and environmental conditions. The expediency of introducing the principles of sustainable development in enterprises of the fat and oil industry is grounded. The state of Ukraine’s agriculture is studied, and its influence on the depletion of natural resources is determined. The evolution of the development of the oil and fat industry, its current state and role for the economy of Ukraine are considered. It is found that for successful functioning of the principles of sustainable development, enterprises of the oil and fat industry need to introduce an export duty for the export of rapeseeds and soybeans, a more stringent control of incoming raw materials and international certification of the enterprises. Recommendations are given on the development of innovation activity, attraction of investments and new approaches in logistics.`

Modeling and performance improvement: the Remedy to treat social and environment issues for enterprises in today\\'s difficult economic climate

Directory of Open Access Journals (Sweden)

Paul-Eric Dossou

2015-03-01

Full Text Available Background: European economies have been deeply affected by different crises. The impact of the economic crisis on enterprises is now recognized by everybody. Enterprises need to reorganize in order to be better adapted to this situation and to integrate new dimensions in their development. Reduction of cost is not the only way for making enterprises more efficient. It is now clear that a mono-criterion analysis is not adapted to the actual enterprise situation. Enterprises need a multi-criteria analysis by combining quality, cost, lead time but also carbon management, social societal and environmental dimensions. If QCD criteria are already considered as necessary for obtaining the optimum enterprise system, it remains difficult to convince the enterprise management of the opportunity to integrate social, societal and environmental dimensions for improving cost. This need still needs to be clearly demonstrated. Method: This paper introduces concepts for showing that enterprises would be more efficient, better-organized and adapted to the new changes in society. Conclusions: The reduction of cost is necessary, the increase in enterprise turnover too, but it is also indispensable to change the structure of enterprises. Enterprise modeling (GRAI Methodology and a tool is used for illustrating the concepts presented through a detailed case study.

The economic rationale for investing decisions innovative projects rationalization of investments for innovative projects

Directory of Open Access Journals (Sweden)

L. O. Zhitinskaya

2017-01-01

Full Text Available The article provides a selection of methods for determining the feasibility of an investment-innovative project. Estimated indicators are identified analytically, on their basis a conclusion is made about the economic efficiency and feasibility of the project, which is the basis of its competitiveness. Such growth analytics is necessary, since the social and economic development of the country and the region largely depends on the investment climate, which is facilitated by the legislation of the Russian Federation (the Tax Code of the Russian Federation, the law of the Russian Federation on the regulation of investment activities, etc.. Since competitiveness is also determined by the economic feasibility and financial solvency of innovative projects, modern information and software, as well as the methodology for project appraisal and the corresponding order of their implementation, are needed. In the Russian Federation, a method is used to assess the efficiency of capital investments in capitalist countries, as well as the methodology of economic (competitive analysis of investment-innovative projects. The basis of the method is that reimbursement of investments occurs in two economic forms: net profit and depreciation (net income. Of the numerous methods for assessing the feasibility of investment, the most often used along with discount methods (taking into account the factor of money changes over time, statistical methods with determining the payback period and the average rate of return on investment. Defined indicators: the net present value (NPV and the internal rate of return (IRR. The methodology specified in the article is useful to the investor in order to rationalize investment flows, helps to achieve the maximum IRR. The implementation of the innovative project serves the competitiveness of the manufacturing enterprise by increasing the technical and technological levels of the products.

Enterprise Social Networking: Technology Acceptance Related to Personality, Age, and Gender

Science.gov (United States)

Rochelle, Joseph

2017-01-01

In this dissertation, the researcher examined and added to the body of knowledge within the project change management field of technology implementation. The rationale behind the study was to evaluate technology acceptance of Enterprise Social Networking (ESN), which has been widely implemented across over 90% of the "Fortune" 500…

Strategic approaches to CBRN decontamination research design and investment

International Nuclear Information System (INIS)

Jutro, P.

2009-01-01

Research funding is society's investment in its future, but in difficult economic times, investment in anything with a less than immediate payoff can be a challenge. Making federal research investment decisions for large scale issues with political, social, and economic consequences has always involved competition for available resources played out in universities, Federal executive departments and agencies, and in the authorizing and appropriating committees and subcommittees of the legislature. Designing a research program that relates to the national need for a long-term strategic approach to consequence management is a challenge in the natural and social sciences as well as in political analysis. A successful effort must involve intensive interactions by research managers with consequence managers, evaluation of the relative cost and potential effectiveness of alternative research strategies, an estimation of time to completion and potential for success of research, and having a common understanding of roles and responsibilities of national and local governments, as well as private enterprise and affected individuals. All this must be undertaken in concert with the development of risk communication strategies that are science-based but deal with managing societal expectations based on the costs and practicality of potential alternative suites of solutions.(author)

Corporate Sustainability in the Process of Employee Recruitment through Social Networks in Conditions of Slovak Small and Medium Enterprises

Directory of Open Access Journals (Sweden)

Milota Vetráková

2018-05-01

Full Text Available Recruitment strategy and policy are significantly affected by both the internal conditions of the enterprise and the external environment. It is important to anticipate and react to changes in the labor market in a timely manner, to eliminate potential threats and take advantage of opportunities to continuous staffing of current and future needs of the enterprise. The role of managers in deciding on possible techniques for recruiting employees is to respect the principles of sustainability both economically and socially. Due to the use of information technology, this trend is easier to apply in practice, as enterprises can present themselves and get information about potential job seekers. The success of the recruitment process is increasing if public awareness about the employer is positive. Designing the survey methodology was based on the axiom that traditional ways of recruiting employees are being replaced by techniques using the Internet and social networks. The aim of the paper is to present the views of domestic and foreign experts on the recruitment of employees using social networks. We compare the theoretical knowledge with the results of social networking research in SMEs in Slovakia and especially their use in the process of recruiting employees. A total of 324 enterprises with domestic and foreign capital share participated in the sociological questionnaire. The results have shown that enterprises with foreign capital share are more progressive in using the Internet to offer jobs and in gaining information on jobseekers through social networks.

Social and cultural resources for the setting up and functioning of family enterprises in a small Bulgarian town

Directory of Open Access Journals (Sweden)

Petrova Ivanka

2015-01-01

Full Text Available As a field of culture, the family enterprise shows that in the current European societies the economic operation does not proceed only from a purely rational point of view and that notwithstanding the common speaking of globalization, the local may be a prerequisite for successful economic development. My objective has been to show, proceeding from an example from a small Bulgarian town, that the family enterprise is a field of culture in which the observed phenomena are strongly influenced by the social inclusion of the enterprise and by its tie-up with the context of the urban environment. I shall investigate in what way local social and cultural resources are intensively used in the process of setting up and functioning of a family enterprise from the sphere of hoteldom and tourism in the town of Belogradchik. I intend to study whether these resources are conducive to the economic prosperity of the firm. Another research objective is to establish the manner of identification of the enterprise with the town, with the region and the local culture by way of the services provided (tourist and restaurant. I shall look for an answer to the question of how the enterprise’ working realm fits in the concrete cultural, historical and social context of the town.

Enterprise Networking Web Sites and Organizational Communication in Australia

Science.gov (United States)

Zhang, Allee M.; Zhu, Yunxia; Hildebrandt, Herbert

2009-01-01

This article aims to report initial findings about networking in organizational settings in Australia through the use of enterprise social software. According to Gray and Honick (2008), enterprise social software (also known as Enterprise 2.0) is a term describing social software used in businesses and enterprises. It includes such tools as…

The importance of corporate social responsibility for advertising of social capital in small and medium enterprises

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Rogério Rodrigues da Silva

2010-01-01

Full Text Available Social, economic and technological changes within the modern world have transformed the role of companies before society and, through this prism, the issue of Corporative Social Responsibility stands out. However, for small and mediumsized companies, there are several limitations which prevent their management to benefit from a bigger integration in such matter. As a means of overcoming obstacles, a broader application of social capital concept is been attemptively set through stronger trust bonds, belief and norm sharing, and social network interaction. Therefore, the present study aims to present the theory of social capital and link it to Corporative Social Responsibility and comprehend their interactions, applicability and gains applied to small and medium enterprises. It is also pointed out some variables which may serve to measure Corporative Social Responsibility and Social Capital in future researches.

SOCIAL ENTERPRISES AND MICROFINANCE AS TOOLS FOR POVERTY ALLEVIATION IN ROMANIA

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OANA-MIRELA COJOCARU (DIACONESCU

2016-12-01

Full Text Available Poverty is a dangerous indicator that situates Romania in top positions in many EU statistics: 40% of the population is at risk of poverty or social exclusion and 29% have severe material deprivation. Even though it has been stated on several occasions that funds for the eradication of poverty in Romania do exist, the lack of interest and focus on solving this problem have led to the mismanagement of these funds. In contrast with the previous EU financing programme, a new perspective on the policy creation regarding poverty alleviation has been recently developed and is presented as an integrated package. This wishes to bring together disparate programmes/projects and different stakeholders. This proposal is a very different approach from institutional/methodological point of view, and it has been said to mark “the start of an effective capacity building effort”. The purpose of this literature exploration is focused on the potential Romanian social enterprises and microfinance have in poverty alleviation, taking into consideration that these tools have been created especially for poverty eradication. Our conclusion has been that policy makers have to sustain the development of social enterprises through microfinance, which most of the times can be the single financial instrument available to them.

Development of Investment Strategy Applying Corporate Social Responsibility

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Jekaterina Kuzmina

2017-12-01

Full Text Available Purpose of the article: Due to globalization processes and technological development, companies are having more influence on global society than ever. Therefore, business misconduct causes enormous harm to stakeholders, whereas ethical behavior is becoming an important issue. The goal of the following study is to verify and measure a positive effect from investments in social activities on financial attractiveness of companies in the form of its stock portfolio value growth. Methodology/methods: In order to achieve the goal of the research, quantitative analysis is used by comparing performance of stock portfolio of companies having long-term investments in social activities with market index increment. The quantitative results are accompanied with the review of corporate social responsibility definition and some practical issues on governmental and corporation level. Scientific aim: The conducted research contributes both to the scientific discussion about development of appropriate investment strategy in companies applying CSR principles as well as to the discussion of related terminology used in the field. Findings: The research has shown that engagement in the CSR activities tends to have strong positive effect on companies’ financial results and investors’ financial performance. The research proves this fact by comparing value increment of CSR-portfolio (+35.99% gained from January 2015 to March 2017 with market index (+22.37% in the same period. Conclusions: Regardless the positive result achieved in the study the authors have determined several gaps in the research, which will be discussed in the further studies on the field.

The Relationship Between Oil and Gas Industry Investment in Alternative Energy and Corporate Social Responsibility

Science.gov (United States)

Konyushikhin, Maxim

The U.S. Energy Information Administration forecasted energy consumption in the United States to increase approximately 19% between 2006 and 2030, or about 0.7% annually. The research problem addressed in this study was that the oil and gas industry's interest in alternative energy is contrary to its current business objectives and profit goals. The purpose of the quantitative study was to explore the relationship between oil and gas industry investments in alternative energy and corporate social responsibilities. Research questions addressed the relationship between alternative energy investment and corporate social responsibility, the role of oil and gas companies in alternative energy investment, and why these companies chose to invest in alternative energy sources. Systems theory was the conceptual framework, and data were collected from a sample of 25 companies drawn from the 28,000 companies in the oil and gas industry from 2004 to 2009. Multiple regression and correlation analysis were used to answer the research questions and test hypotheses using corporate financial data and company profiles related to alternative energy investment and corporate social responsibility in terms of oil and gas industry financial support of programs that serve the greater social good. Results indicated significant relationships between alternative energy investment and corporate social responsibility. With an increasing global population with energy requirements in excess of what is available using traditional means, the industry should increase investment in alternative sources. The research results may promote positive social change by increasing public awareness regarding the degree to which oil and gas companies invest in developing alternative energy sources, which might, in turn, inspire public pressure on companies in the oil and gas industry to pursue use of alternative energy.

Evaluating the Benefits of Electronic Commerce in Small and Medium Enterprises

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Peter Marshall

2002-05-01

Full Text Available This paper outlines and analyses the behaviours of small and medium enterprises with respect to the evaluation of electronic commerce investments, and the subsequent realisation of the anticipated benefits from those investments. The responses of executives who participated in the study suggested that on-going involvement in electronic commerce did not come cheaply. Nonetheless, our study suggests that there were generally ad hoc approaches to evaluation of the proposed electronic commerce investments, almost non-existent post-implementation reviews, few measures of success, and generally speaking, there was little evidence of there being proactive management of the realisation of benefits of those investments. Perhaps not surprisingly, the group interviewed seemed somewhat disappointed with the outcomes of their electronic commerce initiatives. The implications of these findings are discussed, particularly for countries where small and medium enterprises contribute a large proportion of total economic activity, and where thus it is vital for small and medium enterprises to successfully engage in electronic commerce if the country is to derive the benefits of the new economy.

"Don't Be a Smart Arse": Social Enterprise-Based Transitional Labour-Market Programmes as Neo-Liberal Technologies of the Self

Science.gov (United States)

Kelly, Peter James; Campbell, Perri Bree Ellis; Harrison, Lyn

2015-01-01

In this paper we re-visit the work of celebrity chef Jamie Oliver and the social enterprise Fifteen Foundation and their development of a programme designed to train unemployed young people in the hospitality industry. We argue, drawing on the Foucauldian literature on governmentality and technologies of the self, that social enterprise-based…

Heartcore Business? A study of the challenges social enterprises experience when communicating their corporate identity

DEFF Research Database (Denmark)

Schmeltz, Line

The aim of this paper is thus to investigate social businesses’ communication of identity in their corporate communication. Institutional theory (e.g. DiMaggio & Powel, 1983), and especially the notion of legitimacy (Deephouse and Carter, 2005; Meyer and Rowan, 1977; Suchman, 1995), provides...... responsibility values, or if they are working with two, or even more, different value systems. Accordingly, the assumption put forward by this paper is that a high degree of alignment between identity and social responsibility in the enterprise’s corporate communication will enable the enterprises to communicate...... the frame for understanding and exploring the enterprises’ communication in an organizational context. Hence, through a value-theoretical framework, the study seeks to identify the extent to which these enterprises manage to create alignment between their corporate identity values and their social...

THE INTANGIBLE ASSETS INVESTMENTS. CHARACTERISTICS AND THE ACCOUNTING TREATMENT

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Prediscan Mariana

2011-07-01

Full Text Available In the knowledge-based economy the fundamental determinants of the enterprise value, in the present, have an intangible nature. The intangible investments are the most important factors of the enterprise success. Wealth, growth and welfare are driven nowadays by intangible investments. The knowledge economy is characterized by huge investments in human capital and informational technology. Despite of the increased importance of intangible assets, as the source of the firm` competitive advantages, the information regarding these kind of assets, both available in the inside of the firm and, which is presented to the externals, is pour. In this paper I present the reasons for this situation.

The importance of enterprise value assessment in transition economies

Directory of Open Access Journals (Sweden)

Halil Kukaj

2017-03-01

Full Text Available Making the right investment decisions regarding sale and purchase of the company, or joining of any other enterprise, it is necessary that the decisions in question has to be taken based on the assessment of the value of the enterprise. Assessing the value of the enterprise must be in accordance with recommendations of the International Standards value assessment of the enterprise. Enterprise value evaluators must conduct the assessment, in accordance with basic principles, such as: assessment of the enterprise as general economic and that assessment cannot be made based on the results achieved, but on the basis of expected results. In this paper, will be discussed modern methods of assessing the value of the target company, and that in: asset-based methods, methods based on the economic value and combined methods. Many investments are made based on a detailed investigation and organizational Value Evaluation. As revealed in the study, the disadvantage of methods based on the accounting value is that of a static approach. It disregards the principle of generating value for the owner of the purchasing enterprise, respectively, for merger. Hence, they are not without shortcomings. The main issue with them is the difficulty to provide the initial offering price. Rather, they provide oriented information regarding the creative potential of the future values.

Financing Mode and Enterprise Innovation: from the Respective of the Secondary Financing in a Start-up Enterprise

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Yunxia Ning

2014-02-01

Full Text Available The enterprise nature has a close connection with its financing mode. An entrepreneur must distinguish between products and mainstream markets in order to make a positive profit in the competitive market, and he shall be in adequate control of the enterprise assets to execute this differentiation strategy. However, the start-up enterprise usually shall be invested with high capital, which makes the entrepreneur perform the secondary transformation to realize the standardization. Meanwhile the standardization may make the entrepreneur himself replaced by either external managers or internal staff. The paper shows that it generally makes equity financing more profitable than bond financing, and that the financing mode of an enterprise shall finally have an influence on its innovation ability.

Business Benefits from Enterprise Systems Implementation in Small and Medium-sized Enterprises

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Sanjay Mathrani

2009-08-01

Full Text Available The market for enterprise systems (ESs continues to grow as business becomes increasingly global and competitive. Increasingly, the market focus for ES vendors is on small businesses. The purpose of this study is to provide a unique ES vendor/consultant perspective on (a the business benefits small and medium-sized enterprises (SMEs expect from their ES investment and (b to examine current practices of ES implementation in SMEs through a conceptual framework that considers the organisational, process and strategic context of the implementation. This study does so with interview data collected from ES vendors, ES consultants and IT research firms, who are the key players in the New Zealand ES industry. A distinctive contribution of this research is the vendor/consultant perspective as the unit of analysis, rather than the SME perspective commonly used in similar research. The vendor/consultant perspective offers a comprehensive viewpoint that extends across numerous SMEs in a variety of industries. Findings from interviews with these professionals indicate that although many ES implementations are several years old now, SMEs have only recently started tracking benefits through analytical processes in expectation to realise business value from their ES investment. The results also identify how ES implementation practices are adapting to be more suitable to the SME sector, an important market for ES vendors given the saturation of the large enterprise market for ES implementation.

Client capital as a source of enterprise cost

OpenAIRE

Verba Veronika A.; Tyshchenko Oleksandr O.

2014-01-01

The article presents the authors’ vision of the essence of the client capital and its influence upon the enterprise cost. The goal of the article is explanation of the role of the client capital in the process of enterprise capitalisation with the help of the business cost capitalisation model: investments into assets – cash flow generation – enterprise capitalisation. The result of the study is the authors’ position regarding the essence and structuring the client capital, which gives a poss...

MANAGING SMALL BUSINESS ENTERPRISE: SOCIAL CAPITAL AND FINANCIAL APPROACH AT REGENCY PROBOLINGGO

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Harmono Harmono

2017-03-01

Full Text Available This study attempted to analyze management model of small business enterprise inProbolinggo regency. Conceptual framework was based on social capital and financial approach.Terms of finance would be analyzed with financial audit, and social capital consisting ofindividual behavior, organization behavior in groups, relationship with others and governmentinstitution which followed local social norms enhancing goals congruence. Research designintegrated both exploratory and confirmatory research. The unit of analysis was small businessenterprise, members of community organization Urban Poverty Project-2 in Probolinggoregency. The finding of research indicated four dimensions representing the managementmodel of small business enterprise. They were: 1 financial factor; 2 skill; 3 disciplines forquality; and 4 relationship factor. The next analysis was adjusted with demography cluster.Based on cluster and factors analysis it could be described that, groups in first cluster were 19%concerning in financial and relational factors. The second cluster was just 5% concerning toskill and discipline for quality. The third cluster consisted of 26% concerning to relational, andthe forth cluster was as the majority members, 50% of the population, concerning in financialand skill factors, and having significantly correlation between educations and income. Thisresult was appropriate to financial and institution audit.

Korean Investment in EU through Holding Companies: A Case Study

Directory of Open Access Journals (Sweden)

Seong-Bong Lee

1998-09-01

Full Text Available When transnational enterprises set subsidiary companies in certain area, their major aim is to invest indirectly through the holding companies which hold invested share. Especially, because of the geographical neighborhood and economic integration, investing by holding companies is common in Europe. In Europe, taking full advantage of holding company is out of the following two reasons. Firstly, the efficiency and flexibility of the manage strategy of a group could be elevated by making full use of the holding company. Secondly, the transnational enterprises have the possibility of flexible management at the tax strategy level. Recently, the Korean companies are making the best use of holding companies when they are Marching into the EU. In the year 1996, group K purchased 8 enterprises of a certain industry section of B, a German company, setting holding companies in Germany. The analysis result of the case shows that the manage efficiency could be risen and the taxation could be reduced by way of making use of holding companies. As to the Korean investment efficiency of overseas indirect investment in EU, this thesis brought forward a blueprint about integrating the local companies.

The Impact of Social Media Opinions on Innovation Investment

DEFF Research Database (Denmark)

Zhang, Wenping; Kang, Lele; Jiang, Qiqi

Social media is a valuable knowledge source for firm innovation. Extending the literature of both social media and innovation management, we examine how the valence and volume of user-generated content (UGC) from social media influence firm innovation strategies. Based on analysis of 5-year panel...... data including 886 listed firms and their relevant 6.2 million microblogs, we observed three interesting findings. First, valence of UGC from social media has a U-shaped relation with firm innovation investments. In particular, compared with neutral UGC, both negative and positive contents are found...

A domestic model for successful implementation of enterprise resource planning (ERP systems in Iranian manufacturing enterprises

Directory of Open Access Journals (Sweden)

Mohammad Rahmani

2012-01-01

Full Text Available This research investigates the human-behavioral dimension of technology acceptance in enterprises. It is evident that accepting a technology depends on the underlying circumstances of the environment. We have approached this issue from two different angles of social and technological architecture. The research tries to explore proper enterprise architecture for ERP system acceptance. Social Architecture (SA is defined as the set of circumstances that makes people behave in a particular way. So behavior of persons (employees of an enterprise can be a function of SA. Hence acceptance of a system can be dictated by SA and manipulating SA can result in desirable success for a technology system. We have achieved various variables of social architecture and have examined their relevance to system acceptance and success in related enterprises (research domain beside technological architecture variables. The results have indicated that a special form of social and technological architecture can lead to success for ERP system in the enterprises of the research domain. This gave us a model of architecture.

HOW SOCIAL CAPITAL HELPS SMALL ENTERPRISE?: IMPLICATIONS FOR REGIONAL ECONOMIC DEVELOPMENT

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Feray ERSELCAN

2011-07-01

Full Text Available Presenting findings from a sample survey carried among manufacturing small and medium sized enterprises in Kayseri Sub-Region (TR72 – Sivas, Kayseri and Yozgat, this study attempts to understand whether and how social capital has an impact on small firms’ performance. Besides, the study goes further to bring into question the effectiveness of different types of social capital, norms and networks and how social capital is created at local level. Social capital is measured at two different (potential and actual levels. Results of our analysis point to the fact that measuring social capital at its “actual” level might be more useful than measuring it as a “potential”. Our findings suggest that firms perform better, if they enjoy higher levels of collective action and can reduce their transaction costs through social relations.

13 CFR 108.710 - Requirement to finance Low-Income Enterprises.

Science.gov (United States)

2010-01-01

... VENTURE CAPITAL (âNMVCâ) PROGRAM Financing of Small Businesses by NMVC Companies Determining the... of your Portfolio Concerns must be Low-Income Enterprises in which you have an Equity Capital... total dollars) in Equity Capital Investments in Low-Income Enterprises. (b) Non-compliance with this...

Social Networks as Enablers of Enterprise Creativity: Evidence from Portuguese Firms and Users

OpenAIRE

Fernandes, Silvia; Belo, Ana

2016-01-01

The present work analyzes the profiles of social networks' users, individuais and enterprises in Algarve (Portugal), having accomplished online questionnaires. Samples of 230 users and 70 firms were collected. According to data obtained there are different behaviors. Users' results highlight the need of harnessing the potential of recruitment and business projects through social networks, as searching for knowledge, communication and professional relations are expressive. Firms' results revea...

Chinese Foreign Direct Investment in Indonesia

DEFF Research Database (Denmark)

Gammeltoft, Peter; Tarmidi, Lepi T.

China‟s increasing integration with the world economy is met with much anticipation and much anxiety in the Southeast Asian region. In Indonesia, there is intense interest in Chinese foreign direct investment (FDI), not only among academics but also among policy makers, industrialists and the gen......China‟s increasing integration with the world economy is met with much anticipation and much anxiety in the Southeast Asian region. In Indonesia, there is intense interest in Chinese foreign direct investment (FDI), not only among academics but also among policy makers, industrialists...... conducted in 2008 among Chinese invested enterprises supplemented with available official statistics and secondary data, the study finds that Chinese FDI in Indonesia is performed by mixed entities: some are owned by central government, some by regional government and some are private firms. In the case...... of joint ventures, their local partners are mostly local Chinese, except in the infrastructure, mining and energy sector where their local partners are Indonesian state-owned enterprises. Where the local developmental effects are concerned, a picture emerges where Chinese investments, at this early period...

Learning Based on "Entrepreneurial Volunteering": Using Enterprise Education to Explore Social Responsibility

Science.gov (United States)

Clarke, Julia; Underwood, Sarah

2011-01-01

This article presents a case study of how a business school has developed enterprise education to incorporate ethics and social responsibility. The authors describe the process of developing volunteering opportunities and embedding them in the curriculum, and outline the underlying pedagogy. They describe how existing approaches to project-based…

Canada’s Foreign Direct Investment Challenge: Reducing Barriers and Ensuring a Level Playing Field in the Face of Sovereign Wealth Funds and State-Owned Enterprises

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Matt Krzepkowski

2010-10-01

Full Text Available Recent takeovers – and attempted takeovers – of strategic resource companies have renewed concerns that some of Canada’s prized corporate players are falling into foreign hands. However, data shows that Canada has not been a significant attractor of multinational investment, lagging behind a number of developed and developing nations. Indeed, since the mid-1990s, Canada has been a net exporter of capital in world markets, as foreign direct investment by Canadian companies far outpaced the inflow of foreign capital. Rather than being hollowed out, we are hollowing out other countries. As a general policy, Canada should reduce barriers to foreign direct investment and welcome our growing role in international markets. As many studies have shown, foreign direct investment brings significant net benefits to the Canadian economy, including knowledge transfers, new management, better wages and productivity. Only in limited circumstances, such as in the case of protecting Canada’s national security, should Canada block foreign takeovers of Canadian companies. In the interest of neutrality and minimizing economic distortions, takeovers of Canadian companies by foreign sovereign wealth funds or state-owned enterprises should be reviewed on a case-by-case basis. When state-owned enterprises have similar commercial objectives and operate on a level-playing field without financial support by state owners, they could also provide net benefits to the Canadian economy. One important area that requires further consideration is with respect to the tax-exempt status of sovereign wealth funds and state-owned companies. Canadian tax treaties should be reviewed to ensure that Canadian withholding taxes maintain an even playing field among private and state-owned businesses operating in Canada.

USUAL RUSSIAN ENGINEER: SOCIAL PORTRAITS OF SUBJECTS OF WORK IN THE INTERIOR OF THE SIBERIAN INDUSTRIAL ENTERPRISES

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Kombarov V. Yu.

2014-09-01

Full Text Available At the base of sociological case study done at four Siberian enterprises of military-industrial complex was made a test to construct a typology of workers that vary for different types and trajectories or strategies of subjectivity and can be viewed as kind of continuum - trans-subjectivity - which is characterized by the absence of the subject or by its full manifestation. The relations between phenomenon of subjectivity of the workers and type of social structures of enterprises (organizations is the problem viewed in this article. The author supposes that in the modern tree-vertical-hierarchical structures dominates hypo-subjectivity of workers - phenomenon of the «death of the subject». An alternative is the rhizome structure which allows to «resurrect» the subject - productive worker and to reduce its firmly fixation in the system and to make his social action non-linear. At the base of sociological case study done at four Siberian enterprises of military-industrial complex was made a test to construct a typology of workers that vary for different types of subjectivity. Checking the evolution of interpretations of the concepts of «subjectivity» and «subject», the author concludes that a full-fledged social agent, the actor, the engine of historical and social processes is premature to write off, and that he may still have the main role in the context of transforming dynamics of contemporary social processes. Empirical referent of study and such an active acting, self-referential social agent capable of withstanding discourses of the power, as well as the pressure of capital and the prevailing social ethic machines are engineering and technical personnel of modern Russian industrial enterprises. Relevance in the study of the social stratum of workers due to the author's opinion, the need to enhance the most creative group of workers of the domestic industry, as the main social capital of productive economy, rebuilding and

Conceptualising the public health role of actors operating outside of formal health systems: The case of social enterprise.

Science.gov (United States)

Roy, Michael J; Baker, Rachel; Kerr, Susan

2017-01-01

This paper focuses on the role of actors that operate outside formal health systems, but nevertheless have a vital, if often under-recognised, role in supporting public health. The specific example used is the 'social enterprise', an organisation that seeks, through trading, to maximise social returns, rather than the distribution of profits to shareholders or owners. In this paper we advance empirical and theoretical understanding of the causal pathways at work in social enterprises, by considering them as a particularly complex form of public health 'intervention'. Data were generated through qualitative, in depth, semi-structured interviews and a focus group discussion, with a purposive, maximum variation sample of social enterprise practitioners (n = 13) in an urban setting in the west of Scotland. A method of analysis inspired by critical realism - Causation Coding - enabled the identification of a range of explanatory mechanisms and potential pathways of causation between engagement in social enterprise-led activity and various outcomes, which have been grouped into physical health, mental health and social determinants. The findings then informed the construction of an empirically-informed conceptual model to act as a platform upon which to develop a future research agenda. The results of this work are considered to not only encourage a broader and more imaginative consideration of what actually constitutes a public health intervention, but also reinforces arguments that actors within the Third Sector have an important role to play in addressing contemporary and future public health challenges. Copyright © 2016 The Author(s). Published by Elsevier Ltd.. All rights reserved.

Three Organizational Challenges for Multinational Enterprises

NARCIS (Netherlands)

Drogendijk, Rian; van Tulder, Rob; Verbeke, Alain; van Tulder, Rob; Verbeke, Alain; Drogendijk, Rian

2015-01-01

The rapidly changing and volatile institutional environments, within which Multinational Enterprises (MNEs) must operate, have put traditional organisational forms under pressure. Globalization and regionalism develop at the same time, whereas regulation facilitating Foreign Direct Investment (FDI)

A Social Network Approach to Provisioning and Management of Cloud Computing Services for Enterprises

DEFF Research Database (Denmark)

Kuada, Eric

been extremely difficult in the past; but with the advent of cloud computing, this problem should be less difficult to solve. Opportunistic Cloud Services (OCS) is about enterprises leveraging cloud computing technologies to contribute spare IT resources to a platform so that others on the platform can...... utilize them as and when needed. The OCS network is modelled as a social network of enterprises collaborating strategically in contributing and utilizing cloud services without entering into any business agreements. Such a platform faces several problems. One of such problems is the free riding problem...... challenges that were discovered during this study, the obtained results demonstrate both the technical feasibility and the existence of enabling conditions for the implementation of opportunistic cloud services for enterprises....

HOW DEPRESSION AND SOCIAL MEDIA PREFERENCES AFFECT FINANCIAL INVESTMENT&GAMBLING RISK TAKING BEHAVIOURS

OpenAIRE

YALVAC HAMURCU, H. Dilek; HAMURCU, Çağrı

2017-01-01

This study mainly examines the relationship between financial investment and gambling risk-taking tendencies and depression. In addition, how financial investment and gambling risk taking attitudes and depression level change with respect to age, gender and social media preferences are also analyzed in this study. DOSPERT Scale with subscales of financial investment and gambling and Beck Depression Inventory (BDI) are used for evaluating financial investment&gambling risk-taking tende...

The Impact of Formal Hierarchies on Enterprise Social Networking Behavior

DEFF Research Database (Denmark)

Behrendt, Sebastian; Klier, Julia; Klier, Mathias

2015-01-01

With more and more companies using enterprise social networks (ESN) for employee communication and collaboration, the influence of ESN on organizational hierarchies has been subject of countless discussions in practice-oriented media and first academic studies. Conversely, the question whether...... and how formal organizational hierarchies influence ESN usage behavior has not yet been addressed. Drawing on a rich data set comprising 2.5 years of relationship building via direct messages, confirmed contact requests, and group messages, we are able to show that formal hierarchies have an important...... impact on social networking behavior. By applying means of social network analysis and supported by statements from interviews, we illustrate how deeply formal hierarchy impacts the three examined types of relationships. Our results motivate academics to further study the interrelation between hierarchy...

Effectively Managing the Air Force Enterprise Architecture

National Research Council Canada - National Science Library

Sharkey, Jamie P

2005-01-01

The Air Force is developing and implementing an enterprise architecture to meet the Clinger-Cohen Act's requirement that all federal agencies use an architecture to guide their information technology (IT) investments...

THE ECONOMIC SUBSTANCE OF ACCOUNTING FOR FINANCIAL INVESTMENT AND THE PROSPECT OF USING “BLOCKCHAIN” TO CONTROL INVESTMENT ACTIVITY IN UKRAINE

Directory of Open Access Journals (Sweden)

Alina Lytvynenko

2018-03-01

Full Text Available The subject matter of the research is the financial investment and the application of innovative technologies to improve accounting in the context of investment management as one of the most important components of economic development. The goal is to study the methodology of reflecting financial investments of domestic enterprises. The objectives are to improve accounting of financial investments in the enterprise, to research the development prospects of accounting by introducing innovative technologies through the disclosure of theoretical aspects of research and the estimation of practical aspects of the study, the possibility of using the technology of blockchain in Ukraine to improve the financial reporting taking into account the experience of international partners (foreign countries. The methods used are system analysis and structural analysis. The following results are obtained. The state of investment accounting was analyzed and the prospects of using blockchain technology for improving auditing efficiency, increasing the transparency of financial investments and for counteracting corruption were found. Conclusions. During the analysis of the cause and effect relations of using innovative technologies in accounting, the immaturity of the existing accounting methodology was shown; this immaturity specifies incompleteness, the decline in the adequacy of accounting data in accordance with the realities of investment processes and the development of the industry as a whole. The use of blockchain technology enables restructuring the processes of accounting and their automation and increases the level of transparency of information disclosure by enterprises. Using blockchain for auditing becomes a unique solution as auditing affects all industries and is the foundation that helps global financial markets gain investor confidence. Taking into account the economic problems of Ukraine, the use of blockchain technology will help solve the

Evaluation of the Influence of the Macro-environment on the Social Innovation Activity of Enterprises

Directory of Open Access Journals (Sweden)

Satalkina Liliya

2018-02-01

Full Text Available Background: Nowadays the emphasis on social components in the general mainstream of innovation activity is one of the strongest grounds for the successful functioning and development of enterprises. In several countries, social innovation activity is becoming a product of business in general, with associated expectations regarding profit.

Use of a questionnaire design as an element of nuclear energy generating enterprises social responsibility public audit

International Nuclear Information System (INIS)

Gushchina, M.O.; Pryalyin, M.A.; Torganova, O.B.

2006-01-01

In the article we describe some issues concerning corporate social responsibility to a society from the point of view its influence on image of an enterprise. We present results of a social investigation regarding to evaluation of social responsibility of the 'South-Ukraine Nuclear Power Plant'

78 FR 72527 - Minority Enterprise Development Week, 2013

Science.gov (United States)

2013-12-02

... fundamental promise. America's minority enterprises include everything from Main Street cornerstones that... to recover, our investments in minority owned and operated firms will help create jobs, strengthen...

The Occupational Disease Prevention and Control Act of the People's Republic of China: an awareness assessment among workers at foreign-invested enterprises.

Science.gov (United States)

Yongming, Shou; Rongzhu, Lu; Jie, Lin; Yan, Xu; Zhu, Yiliang; Schweigert, Michael

2011-01-01

The Occupational Disease Prevention and Control Act (ODPC-Act) of the People's Republic of China came into effect on May 1, 2002. Given the scope of foreign-invested enterprises (FIEs) in China and an unabated increasing trend of foreign investment, compliance with the ODPC-Act among FIEs is of particular interest, yet little is known. The extent to which an employer educates its workforce to understand the ODPC-Act may be a measure of an employer's compliance. Based on a 25-item questionnaire survey, we found that among 166 workers from three FIEs in Wuxi, Jiangsu Province, the majority had little knowledge regarding the ODPC-Act; many were unaware of their rights granted under the ODPC-Act. They were also unable to recognize employers' potential violations of the ODPC-Act. Improving FIE workers' awareness of the ODPC-Act is desirable.

Private Sector and Enterprise Development

International Development Research Centre (IDRC) Digital Library (Canada)

Ministry of Technical Education and Vocational Training ..... and ..structures that offer services to private sector enterprises and represent .... investment climate reform and the adoption of good governance practices. ..... Over two-thirds of the labour force in Jordan, the West Bank & Gaza, Iraq and Syria is in the service sector.

[Economic analysis of health promotion conducted in an enterprise].

Science.gov (United States)

Wang, Zhi-chun; Yang, Xue-ying; Kang, Wen-long; Wang, Wen-jing

2013-12-01

To take intervention measures for health promotion after investigation of occupational health needs among employees, to analyze the economic input and output of the intervention measures, and to analyze the feasibility of health promotion through cost-effectiveness analysis and cost-benefit analysis. A survey was conducted in an enterprise using a self-designed questionnaire to investigate the general information on enterprise, occupational history of each employee, awareness of occupational health knowledge, awareness of general health knowledge, awareness of hypertension, acquired immune deficiency syndrome, etc., lifestyle, and needs for health knowledge. Intervention measures were taken in the enterprise according to the investigation results, and then investigation and economic analysis of investment in health promotion, economic benefit, and absence of employees were performed using the questionnaire. After intervention, the awareness rate of the Code of Occupational Disease Prevention increased from 4.5% to 15.3%, the awareness rate of the definition of occupational diseases increased from 4.5% to 73.5%, and the awareness rate of the prevention and control measures for occupational diseases increased from 38.4% to 85.8%. Before intervention, 25.4%of all employees thought salt intake needed to be reduced, and this proportion increased to 92.5% after intervention. After the control strategy for health promotion, the benefit of health promotion that results from avoiding absence of employees and preventing occupational diseases was more than ten times the investment in health promotion, suggesting a significant benefit of health promotion conducted in the enterprise. The return on health promotion's investment for enterprise is worth. Health promotion really not just contribute to improve hygienic knowledge but increase the economic benefit.

When Do Firms Invest in Corporate Social Responsibility? : A Real Option Framework

NARCIS (Netherlands)

Cassimon, D.; Engelen, P.J.; Liedekerke, L.

2014-01-01

In this paper, the process for firms to decide whether or not to invest in corporate social responsibility is treated from a real option perspective. We extend the Husted (2005) framework with an important extra parameter that allows us to understand the timing of CSR investment and explain why some

75 FR 21372 - Calvert Social Investment Fund, et al.; Notice of Application

Science.gov (United States)

2010-04-23

... SECURITIES AND EXCHANGE COMMISSION [Investment Company Act Release No. 29209; File No. 812-13718] Calvert Social Investment Fund, et al.; Notice of Application April 19, 2010. AGENCY: Securities and... Company Act of 1940 (``Act'') for an exemption from rule 12d1-2(a) under the Act. Summary of Application...

ENTERPRISES DEVELOPMENT: MANAGEMENT MODEL

Directory of Open Access Journals (Sweden)

Lina Shenderivska

2018-01-01

, the enterprises’ organizational structure change, investment development. The actuality of diversification’s activity for profit increase due to new markets development is determined. It was found that corporations are the most acceptable organizational form for the enterprise. The urgency of investment development for printing companies is proved connected with the production modernization’s necessity, ensuring the manufacture of competitive products. Value/originality. To ensure the effective enterprises’ development based on development concept, a model for managing the printing companies’ development is worked out. The model for managing the companies’ development is prepared based on the concept that takes into account the peculiarities of enterprise activity and priority directions of their development, improves the directions for enterprises adaptation understanding in the competitiveness growth conditions.

Work Integration Social Enterprises. Devices for the promotion of social inclusion and labour activation of the most vulnerable immigrants. The case of the Basque Country

Directory of Open Access Journals (Sweden)

Esther Aretxabala

2011-12-01

Full Text Available This article highlights the role played by Work Integration Social Enterprises as mechanisms which offer jobs to people with difficulties entering the ordinary labour market through social and employment programmes which promote the employability of beneficiaries, some of whom are international immigrants. Despite their quantity, which now amounts to more than 5.7 million in Spain – the 12.2% of its population-, they make up a group that is specially exposed to social risks and levels of poverty. Such entrepreneurial devices, as transition companies for the labour activation and the social inclusion of the most vulnerable immigrants, contribute to the attainment of a more inclusive and cohesive society. We shall define the work of the Work Integration Social Enterprises in the Basque Country where the international migration is rated in the 6,6% in 2011.

Modeling of Social Effect of Foreign Direct Investment in The Regions of Kazakhstan

Directory of Open Access Journals (Sweden)

Dinara Zhaksylykovna Rakhmatullayeva

2015-06-01

Full Text Available In the article, the authors estimated the social effect of foreign direct investments (FDI in the regions of Kazakhstan. In order to do it, the authors studied the dynamics of FDI of the region operating enterprises with foreign participation and the regional six indicators of socio-economic development during 2003-2013 on the basis of database of RK Agency on statistics. There are 16 regions of Kazakhstan were involved in the experiment (14 provinces and 2 cities of republican significant — Almaty and Astana. The research was carried out using the “simplified” version of the T. Saati’s Analytic Hierarchy Process (AHP mathematical apparatus and MS Excel. The constructed economic-mathematical model of an assessment of FDI impact on the population welfare and living quality in the regions was hypothetical as the expert estimates of hypothetical expert were used. The authors made a hypothesis: to receive tools for an assessment of the social effect of FDI in the regions of Kazakhstan — the Rating of regional priority of the factors (RPF Rating. The RPF Rating allowed to define a priority of the factors of the population welfare and living quality in the regions of the country and to calculate aggregate social effect of FDI in Kazakhstan, having allocated the directions of its action on each of six factors in a regional section. The research did not reveal a negative impact of FDI on socio-economic development of the regions; moreover the aggregate social effect of FDI is positive for all regions of Kazakhstan. The authors believe that RPF Rating can become as the important tool of soundness of socio-economic policy in the area of development of public-private partnership in the regions of Kazakhstan, and also positive social effects of FDI growth in the long term — all of this will result in promoting a long-term positive impact on the welfare and living quality of the population of the republic.

Profiles of foreign direct investment in US energy, 1991

International Nuclear Information System (INIS)

1993-01-01

Profiles of Foreign Direct Investment in US Energy 1991 describes the role of foreign ownership in US energy enterprises, with respect to investment, energy operations, and financial performance. Additionally, since energy investments are made in a global context, outward investment in energy is reviewed trough an examination of US-based companies' patterns of investment in foreign petroleum. The data used in this report come from the Energy Information Administration (EIA), the US Department of Commerce, company annual reports, and public disclosures of investment transactions

Profiles of foreign direct investment in US energy, 1990

International Nuclear Information System (INIS)

1992-01-01

Profiles of Foreign Direct Investment in US Energy 1990 describes the role of foreign ownership in US energy enterprises, with respect to investment, energy operations, and financial performance. Additionally, since energy investments are made in a global context, outward investment in energy is reviewed through an examination of US-based companies' patterns of investment in foreign petroleum. The data used in this report come from the Energy Information Administration (EIA), the US Department of Commerce, company annual reports, and public disclosures of investment transactions

New clean energy enterprises and sustainable development

Energy Technology Data Exchange (ETDEWEB)

Usher, Eric [United Nations Environment Programme, Rural Energy Enterprise Development (REED), Paris (France); Xiaodong Wang [United Nations Foundation, Climate Change Program, Washington, DC (United States)

2002-06-01

Though hundreds of billions of dollars have been invested, past development efforts have been largely unable to break the cycle of poverty - a cycle that is directly linked to the provision of energy. Too often, the potential of local enterprises to provide essential energy services has been ignored. Yet such an enterprise is one of the most potent engines for shifting towards a local human capacity to produce and distribute modern energy services. This recognition lies at the heart of REED, an approach to developing new sustainable energy enterprises that use clean, efficient and renewable energy technologies to meet the energy needs of underserved populations. (Author)

Climate Assessment for Army Enterprise Planning Fact Sheet

Science.gov (United States)

2017-11-30

investment sustains training and testing mission within current land base and budget constraints by improving enterprise decision to account for future...risks due to climate change and related dynamic trends. This investment provides science-based compliance with Strategic Sustainability Performance... fundamental physical and ecological processes to climate change for each of the decision metrics. Where there is significant interaction among models

MECHANISM OF INTRODUCTION SOCIALLY-RESPONSIBLE MARKETING IN SYSTEM MANAGEMENTS BY TRADE ENTERPRISE

Directory of Open Access Journals (Sweden)

Victoria Gladkaya

2015-12-01

Full Text Available In the article the mechanism of introduction of the socially-responsible marketing is offered in control system. At his description an author the specific of activity of trade enterprises is taken into account; the best home and foreign works are investigational in the field of the social marketing; the requirement of relatively compatible approach is observed; possibility of further improvement is taken into account, estimations of quality of every stage of mechanism of introduction and on the whole through establishment of key indicators of quality.

China’s Foreign Direct Investments:Challenges of Due Diligence and Organizational Integration

Institute of Scientific and Technical Information of China (English)

ABDOL; S.SOOFI

2015-01-01

This paper critically reviews Chinese companies’ foreign direct investment practices of recent years. Using case studies involving overseas Greenfield as well as merger and acquisition(M&A;) of Chinese enterprises, we aim to draw lessons from these experiences. However, because of increasing importance of outbound acquisitions by Chinese companies, this paper focuses on Chinese M&A; activities. After presenting the theoretical discussions of post-acquisition organizational integration, this paper identifies factors that have contributed to less than expected performances of Chinese foreign investments. Three main factors are identified as the plausible causes of the less than satisfactory outcomes: inadequate due diligence, not considering political and country risks, and cultural differences. In all cases, inexperience of Chinese enterprises in foreign direct investment, either in Greenfield form or M&A;, has attributed to the problems. Therefore, summing the experiences of the Chinese enterprises that have foreign direct investment is essential for those Chinese investors that intend to invest overseas. Conduct of meaningful, in-depth due diligence before serious negotiations for investment or acquisition, inclusion of risk premium for political risk in cash flow analysis, and early post-merger integration planning are essential for avoidances of bitter outcomes many Chinese investors experienced overseas.

Speech on the general states of enterprises and the sustainable development; Discours devant les Etats generaux des entreprises et du developpement durable

Energy Technology Data Exchange (ETDEWEB)

NONE

2006-07-01

In this speech the author points out two main recommendations. The first message concerns the necessity of a whole mobilization in favor of the sustainable development, from the government policy and the enterprises management to the human behavior. He presents then three main axis to heighten the enterprises (reinforce the information on the environmental and social impact of the economic activities, the development of sustainable investments, the development of the environmental sponsorship). The second message concerns the necessity to place the environment in the economic growth by the development of the ecology and the eco-technology. (A.L.B.)

Corporate Decision Making and SocioEnvironmental Investments In Brazil: An Analysis Based On Social Audits

Directory of Open Access Journals (Sweden)

André Luiz Bufoni

2012-06-01

indicate a significant correlation between the amount of environmental investments and variables such as age, level of education, professional training of employees and profit-sharing policies. However, no significant correlation between environmental investments and profitability was found. The analysis revealed a linkage between decisions to invest in the environment and social investments outside the firm.

Determination of the Factors Affecting The Use of the Support Program of the Enterprises Benefiting from the Rural Development Investments Program in the Western Mediterranean Region

Directory of Open Access Journals (Sweden)

Yavuz Taşcıoğlu

2017-07-01

Full Text Available With industrialization, change has taken place in the world and development efforts have concentrated in urban areas. This has affected the rural area negatively and the increase in rural development studies has increased with the emergence of interregional economic imbalances. With the planned period, rural development studies in Turkey have increased and strategies, projects and programs have begun to be developed. One of these activities is the Rural Development Investment Support Program (RDISP, which entered into force in 2006. The aim of the program is to increase the level of rural area income, to ensure integration of agricultural production and agricultural industry, to strengthen food safety, to create alternative income sources in the rural area. In this study, it was aimed to determine the attitudes and behaviors of program beneficiaries in the Western Mediterranean Region within the framework of the RDISP applied in Turkey, and the factors affecting their utilization from the program. In the study, a total of 96 enterprises provided interviews based on face to face interviews. In this study, Factor Analysis was applied to determine the factors that affect the preferences of the enterprises and to determine the factors affecting the investments of the enterprises. In the study, 12 variables that were effective in factor analysis in the utilization of this support were combined into 3 factors. These factors have been found to be “support for local support and information about support”, “employment support for support” and “environmental sensitivity for support”.

Success Factors of Sustainable Social Enterprises Through Circular Economy Perspective

Directory of Open Access Journals (Sweden)

Stratan Dumitru

2017-05-01

Full Text Available The scope of the research is to find out how social entrepreneurship operations can be modelled within existing business methods using circular economy principles. A literature review was undertaken in order to clarify and find out different opinions regarding circularity and social businesses models. Moreover, the author interviewed managers of different social mission organizations in order to find out the critical factors that determine the sustainability and performances of the organizations. Using the results of the field and desk research, the author suggests the following business model elements to be considered by social enterprises aiming to implement circular economy principles: Desired social and environment vision; Value proposition; Alignment of organizations to the strategy and acceleration of change through executive leadership implication; Financial sustainable perspective: a to increase financial resources and b to manage costs; Stakeholders perspective: a customers segments, b users, c employees, d community beneficiaries, e channels, f customer relationships, g Key partnerships; Internal process perspective: a processes necessary to use circular economy principles; b impact measurement and key activities; c internal and external communication; Resources perspective: a networks; b skills on circular principles and social impact; c information and technologies.`

Corporate social investment – good business and good revenue: The case of woolworths holdings ltd South Africa

Directory of Open Access Journals (Sweden)

Collins C. Ngwakwe

2014-11-01

Full Text Available This paper examined the relationship between corporate social investment and revenue in Woolworths Holdings Limited South Africa. The approach is thus a single case study, and financial data on social investment and revenue was retrieved from the Woolworths Holdings’ Good Business Journey report 2008 -2013 and from its annual report of 2002 - 2007. Using the SPSS statistics software, a correlation was sought between the Woolworths Holdings’ social investment expenditure and revenue, earnings per share and return on equity. Findings from the analysis revealed that, within the six years of Woolworths Holdings’ Good Business Journey, a significant positive relationship exists between Woolworths Holdings’ social investment and its revenue, earnings per share (EPS and return on equity (ROE. A further analysis of difference in means using the t-test statistics indicates that the revenue streams to Woolworths Holdings’ between 2008 – 2013 is significantly greater than the revenue streams in the six years before the Good Business Journey. In conclusion, the paper suggests a new research model, referred to in this research as the share holders’ support for corporate social investment model, and it is represented as: SHSSI = f (Rv+Es+Re+Of. The paper thus offers an agenda for further research to apply the above model to evaluate the degree of shareholders’ interest and support for corporate social investment in retailing and other companies

It's Entrepreneurship, not Enterprise

DEFF Research Database (Denmark)

Hjorth, Daniel; Holt, Robin

2016-01-01

We challenge the obvious and easy association of enterprise and entrepreneurship. We do so by arguing that entrepreneurship is inherently social and collective, something that is concealed when held up as example of enterprising behaviour. We use as an illustrative case the Chinese artist Ai Weiwei...

Corporate social responsibility and aging workforces : an explorative study of corporate social responsibility implementation in small- and medium-sized enterprises

NARCIS (Netherlands)

de Graaf, Frank Jan; Gellert, Franz Jozef

2012-01-01

Although critical differences exist between large companies and small- and medium-sized enterprises (SMEs), limited empirical research has been done on human resource (HR)-related corporate social responsibility (CSR). In this paper we study aging workforce management (AWM) as a component of CSR.

Continual Education is the Motivation of Sustainable Development of a Telecom Enterprise

Institute of Scientific and Technical Information of China (English)

无

2003-01-01

The continuous investment into manpower resource, is the radical power to assure the sustainable development of enterprises. The enterprises both at home and abroad attach high importance to the continuous education of their employees and consolidate training to inspire their employees. In order to face increasingly drastic global competition, the telecom enterprises in our country should consolidate continuous education, make training plans to adapt to the long-term development of the enterprises and establish the effective mechanism of encouragement of continuous education.

Social security and firm performance

DEFF Research Database (Denmark)

Lee, Sangheon; Torm, Nina

2017-01-01

This article investigates how social security provision - a key determinant of formality - impacts on small and medium-sized firm performance in Viet Nam. Based on enterprise census data covering all registered firms from 2006 to 2011, the authors find that firms which increase their social...... security coverage by 10 per cent experience a revenue gain of 1.4-2.0 per cent per worker and a profit gain of up to 1.8 per cent, depending on the survival time of the firm. However, given the time lag between 'investment' (in social security contributions) and returns (enhanced firm performance...

Assessing the value of action learning for social enterprises and charities

OpenAIRE

Smith, Sue; Smith, Laurie

2017-01-01

In this paper we evaluate action learning for leaders of social enterprises and charities. Based on ethnographic research including participant observation, facilitator reflective diary notes and in-depth, qualitative interviews with participants of two action learning sets undertaken over eight months, analysed using Wenger et al.’s (2011) value creation framework, we show how the current and future value of action learning is perceived by the participants. We seek to give a deeper understan...

Cash transfer program and education investment: A model for social evolution

Science.gov (United States)

Schimit, P. H. T.; Monteiro, L. H. A.; Omar, N.

2014-03-01

Assume that the households of a country are socially classified according to the monthly total income, and that they can be part of a lower, a middle or an upper class. By using multi-agent systems, here we model and simulate the economic evolution of households which earn a wage, pay taxes and invest in education. The return of the education investment is monthly added to the salary of the family, and it is function of the corresponding grand total put in education along the time. When a family is unemployed, we consider that it receives cash due to a social program made by the government. The time evolution of the percentages of households belonging to each class is investigated by varying the government investment in such a program of cash transfer and the proportion of employed households in the population. We show that the government should invest in the unemployed lower class if it intends a growth of the middle class. We also propose and analyze a mean-field approximation written in terms of ordinary differential equations. In addition, we verify that our model fits real data from Brazil, in the period between 2003 (when the cash transfer program Bolsa Família was launched) and 2011.

Environmental, Social and Governance (ESG and Investment Decision in Bangladesh

Directory of Open Access Journals (Sweden)

Sayema Sultana

2018-06-01

Full Text Available As a key facet of sustainable development, environmental, social and governance (ESG discretion on stock market investment decision is gaining prevalence following the global financial crisis. ESG considers the sustainable return, risk reduction, and accountability aspects of investments. This study is an exploration of the individual stock market investors’ preferences for ESG issues and the influence that purpose of investment has on investment decision-making, by testing the investment horizon as a moderator. The theoretical background was taken from the theory of planned behavior (TPB, goal setting theory (GST, and the behavioral asset pricing model (BAPM. The study uses the sequential mix method of research, starting with an interview followed by a survey, which was conducted among individual stock market investors in Bangladesh, using simple random sampling. Structural equation modeling (SEM analysis was carried out using Warp PLS version 6.0. The key findings of this study delineate the effect of ESG issues and the purpose of investment on investment decision-making. The contribution of the study signifies the moderating role of the investment horizon, which confirms the importance of the long-term horizon as a time and risk diversification factor. The sparse utilization of the United Nations Global Compact (UNGC (2004 and Thomson Reuters Corporate Responsibility Index (TRCRI (2013 as measurement scales in this study is mentioned. This study has made practical contributions for managers, investors, and regulators.

Typology of efficiency of functioning of enterprise

Directory of Open Access Journals (Sweden)

I.I. Svitlyshyn

2015-03-01

Full Text Available Measuring and estimation of the efficiency of functioning of enterprises of agrarian sector traditionally performed by applying only some of its types, which focuses mainly on operating activity. Investment and financial activity, as inalienable constituent of economic process of enterprise, remain regardless thus. In addition, in scientific literature and practical activity to research of efficiency focuses on the stages «production-exchange». The stages of «distribution» and «consumption» at the level of enterprise are not examined. This distorts the results of measuring and estimation of efficiency and makes uneffective proposals for its growth. Coming from what, approach is worked out to determination and systematization of basic types of efficiency of functioning of enterprises of agrarian sector. Approach is based on the offered model, that system represents all stages and types of economic activity of the enterprise. The basic lines of efficiency are interpreted on every stage and in the cut of types of economic activity of enterprise. It allows to provide a complexity and system during its measuring and estimation.

7 CFR 4290.860 - Financing fees and expense reimbursements a RBIC may receive from an Enterprise.

Science.gov (United States)

2010-01-01

... AGRICULTURE RURAL BUSINESS INVESTMENT COMPANY (âRBICâ) PROGRAM Financing of Enterprises by RBICs Structuring... reimbursements. You may charge an Enterprise for the reasonable out-of-pocket expenses, other than Management... receive from an Enterprise. 4290.860 Section 4290.860 Agriculture Regulations of the Department of...

Profiles of foreign direct investment in US energy, 1992

International Nuclear Information System (INIS)

1994-01-01

The report reviews the patterns of foreign ownership interest in US energy enterprises, exclusive of portfolio investment (<10% ownership of a US enterprise). It profiles the involvement of foreign-affiliated US companies in the following areas: domestic petroleum production (including natural gas), reserve holdings, refining and marketing activities, coal production, and uranium exploration and development

Profiles of foreign direct investment in US energy, 1992

Energy Technology Data Exchange (ETDEWEB)

1994-05-16

The report reviews the patterns of foreign ownership interest in US energy enterprises, exclusive of portfolio investment (<10% ownership of a US enterprise). It profiles the involvement of foreign-affiliated US companies in the following areas: domestic petroleum production (including natural gas), reserve holdings, refining and marketing activities, coal production, and uranium exploration and development.

Optimal investment for enhancing social concern about biodiversity conservation: a dynamic approach.

Science.gov (United States)

Lee, Joung Hun; Iwasa, Yoh

2012-11-01

To maintain biodiversity conservation areas, we need to invest in activities, such as monitoring the condition of the ecosystem, preventing illegal exploitation, and removing harmful alien species. These require a constant supply of resources, the level of which is determined by the concern of the society about biodiversity conservation. In this paper, we study the optimal fraction of the resources to invest in activities for enhancing the social concern y(t) by environmental education, museum displays, publications, and media exposure. We search for the strategy that maximizes the time-integral of the quality of the conservation area x(t) with temporal discounting. Analyses based on dynamic programming and Pontryagin's maximum principle show that the optimal control consists of two phases: (1) in the first phase, the social concern level approaches to the final optimal value y(∗), (2) in the second phase, resources are allocated to both activities, and the social concern level is kept constant y(t) = y(∗). If the social concern starts from a low initial level, the optimal path includes a period in which the quality of the conservation area declines temporarily, because all the resources are invested to enhance the social concern. When the support rate increases with the quality of the conservation area itself x(t) as well as with the level of social concern y(t), both variables may increase simultaneously in the second phase. We discuss the implication of the results to good management of biodiversity conservation areas. 2012 Elsevier Inc. All rights reserved

Developing a Social Enterprise Performance Scale and Examining the Relationship Between Entrepreneurs’ Personality Traits and Their Perceived Enterprise Performance

Directory of Open Access Journals (Sweden)

Chao-Tung Liang

2015-01-01

Full Text Available On the basis of the lack of measurement tools and the research gap regarding social entrepreneurship, three studies were conducted to develop a new measure of social enterprise (SE performance that is empirically valid and easy to administer. The purpose of this measure was to examine the relationship between entrepreneurs’ personality traits and their perceived SE performance. The results indicated that SE performance can be assessed using four dimensions: personal issues, social aspects, business elements, and service programmes. Extraversion positively influenced service programmes, and openness negatively affected service programmes. Neuroticism and conscientiousness positively predicted personal issues and service programmes, and agreeableness positively predicted all dimensions of perceived SE performance. The results also demonstrated the curvilinear relationship of the U-shaped curve between neuroticism and personal issues and the social aspects of SE performance. Furthermore, the results showed the curvilinear relationship of the inverted U-shaped curve between agreeableness and the four dimensions of SE performance.

Information security of power enterprises of North-Arctic region

Science.gov (United States)

Sushko, O. P.

2018-05-01

The role of information technologies in providing technological security for energy enterprises is a component of the economic security for the northern Arctic region in general. Applying instruments and methods of information protection modelling of the energy enterprises' business process in the northern Arctic region (such as Arkhenergo and Komienergo), the authors analysed and identified most frequent risks of information security. With the analytic hierarchy process based on weighting factor estimations, information risks of energy enterprises' technological processes were ranked. The economic estimation of the information security within an energy enterprise considers weighting factor-adjusted variables (risks). Investments in information security systems of energy enterprises in the northern Arctic region are related to necessary security elements installation; current operating expenses on business process protection systems become materialized economic damage.

Three Lenses on the Multinational Enterprise: Politics, Corruption and Corporate Social Responsibility.

OpenAIRE

Peter Rodriguez; Donald S. Siegel; Amy Hillman; Lorraine Eden

2006-01-01

Scholars who analyze multinational enterprises (MNEs) recognize the complex relationship between international business (IB) and society. However, compared with other IB topics, research on politics, corruption and corporate social responsibility – ‘three lenses’ on the MNE – remains somewhat embryonic, with unresolved issues regarding frameworks, measurement, methods, and theory. This presents unique opportunities for integration and extension of disciplinary perspectives, which we explore i...

A mathematical approach to increasing the long-term wealth of an agricultural enterprise

Directory of Open Access Journals (Sweden)

P. Theron

2014-01-01

Full Text Available This study focuses on developing an agricultural investment model based upon proven financial investment portfolio techniques. The model can be used as a tool to diversify agricultural risk over the long-term by optimising the proportion of land allocated to each of the agricultural products, resulting in increased value of the agricultural enterprise. Sensitivity analysis allows the strategist to understand the impact that future prices, gross margins and land availability may have on the long-term sustainability of the farming enterprise.

Earning capacity of environmentally friendly companies and social responsible investing

International Nuclear Information System (INIS)

Bjerk, Jan

2002-01-01

Firms on Dow Jones Sustainability Index yield over time the same return as the ''ordinary'' firms on the Dow Jones World Stock Index. There are several investment funds today that deal in shares with selected companies having a high environmental or ethical profile. This is Social Responsible Investing (SRI). When the Norwegian company Storebrand Kapitalforvaltning selects companies for SRI, they exclude immediately nuclear power stations, tobacco factories and manufacturers of land mines. In addition to the same return on invested capital, both investors and society get an environmental profit. The firms analysed and selected by Storebrand for SRI contributes significantly less negative environmental effects than the other firms, typically 33% less to the global heating and have on average 53% less toxic emissions and 45% less water consumption

The Role Of Foreign Investment In Economic And Social Development In Libya

Directory of Open Access Journals (Sweden)

Mustafa Khalifa Thawadi El. Hamoudi

2017-02-01

Full Text Available Investment is whether in local or foreign organization is the action Plan split by various investment activities The Libyan economy is among those economies that require this kind of foreign investment to achieve the desired economic goals which are correlated with the objectives of the Libyan economic system for subsequent stages. Therefore it is important to study the trends and determinants of FDI in developing in general and in Libya in particular. This paper describes the role that could be played by investment foreign investment in economic and social development in Libya pointing out the positive and negative aspects and how to deal with each of them in proportion to the facts of the Libyan Economy needs. And in the light of the new economic orientation in line with the political and economic developments in the international arena and foreign investment and thus contributing to the expansion of the ownership base and create job opportunities for citizen in this study will follow the descriptive approach through the way ahead obtained from digital data from various sources using the forms as required and discussed this paper to the definition of foreign investment evolved of investment determinants of FDI motivated encourage foreign investment history prospects for foreign direct investment in Libya Barriers to foreign direct investment in Libya Policies strategies to support foreign direct investment in Libya conclusions and recommendations.

Diagnostics of the Enterprise Economic Security and the Role of Information and Communication in the Context of Sustainability of Dynamical Equilibrium, Operation and Development

Directory of Open Access Journals (Sweden)

Skrynkovskyy Ruslan M.

2015-03-01

Full Text Available In the scientific article a system for diagnostics of the enterprise economic security is developed. It has been determined that the main business indicators for diagnostics of the enterprise economic security are: the level of the enterprise financial stability (contains the indicator for the enterprise provision with its own funds, rate of independence, financial stability indicator, current assets to equity ratio, liquid ratio, absolute liquidity ratio, current liquidity ratio; level of the enterprise production activity (calculated on the output-capital ratio, capital-labor ratio, index of workforce productivity, quality indicators of fixed assets, production potential indicator, production profitability ratio, input-output coefficient; level of organizational and administrative activities of the enterprise (takes into account the ratio of administrative expenses to the rate of increase in production volume, rate of saving of the managerial apparatus, rate of information processing; level of employee loyalty to the enterprise (calculated on the rate of personnel turnover, rate of personnel continuity, indicator of employee satisfaction, personnel development indicator, education level of employees; level of scientific and technical and innovative activity of the enterprise (including index of profitability of innovations, profitability of expenditures on research and development works; level of investment activity of the enterprise (includes index of investment profitability, rate of investment activity, rate of return on investments, rate of investment in production; level of market reliability (calculated on index of return on sales, index of return on net assets, index of marketability, level of market research. It has been identified that an important role in the context of sustainability of dynamical equilibrium, operation and development of enterprises is played by information and communication.

DETERMINANTS OF SOCIAL RESPONSIBILITY EXPENDITURES OF SMALL AND MEDIUM ENTERPRISES FROM BIHOR COUNTY

Directory of Open Access Journals (Sweden)

Saveanu Tomina Gabriela

2015-07-01

Full Text Available This paper investigates the social responsibility expenditures of small and medium enterprises (SME in Bihor County. In line with the literature we consider donations and sponsorship the expression of philanthropic behavior of companies. Positioned at the top of the CSR pyramid such actions are some of the few on which there is consensus in considering forms of CSR. Explaining the factors that drive such expenditures at the level of small and medium enterprises fills in a gap in the scientific knowledge both at international and national level. Particularly in Romania, the CSR processes are less studied and seem developed mimetically by large companies from the example of multinational companies. However the data provided in this paper reveals that a significant number of small and medium enterprises are engaged in CSR actions, as almost 20% of SME with registered profit donate money. The factors explaining this orientation are in line with the literature as the size of the enterprise influences both the decision to donate and the amounts donated. The larger a company in terms of profit, turnover and number of employees the bigger the chances it donates money and the amounts donated are larger. The data was extracted from the National Agency of Fiscal Administration regarding expenditures of small and medium enterprises in 2013. Future studies should include information regarding the destination of these expenditures. More, in order to fully explain CSR at SMEs level qualitative data is needed regarding the motivations of managers for such actions and the reasons behind the choice for a specific area or action.

Investment Decision In Micro, Small And Medium Enterprises In Indonesia*

Directory of Open Access Journals (Sweden)

Siti Aisyah Tri Rahayu

2013-06-01

Full Text Available The purpose of this study are: First, to analyze is there any significant influence among debt ratio, internal capital, cash flow, inflation expectations and the expectations of rupiah exchange rate against the decisions of businessmen in the real sector to invest or not to invest; Second, to analyze the impact of the variables perception mortgage interest rates, perceptions of bank regulation, internal capital and cash flow on debt ratio of the real sector (leverage. Investment decision model is estimated using logit models. The results of regression estimates the overall good for business and risk analysis for financial risk shows that almost all explanatory variables in the equation are statistically significant. There are three variables have a positive influence on the investment decisions taken by the businesses i.e. the debt ratio, cash flow and exchange rate expectations.

Social Media Return on Investment: How Much is it Worth to My Practice?

Science.gov (United States)

Gould, Daniel J; Nazarian, Sheila

2018-04-06

Plastic surgeons are rapidly integrating social media into their practices and recent articles on the subject have exploded in the literature. Although social media is being evaluated as a tool, few have actually been able to quantify the impact of social media on a practice. To quantify the return on investment for social media in a plastic surgery practice. The ideal method for this type of study is a new practice, without preexisting clients and with a broad approach to marketing to examine the effects of multiple marketing tools. In this study, we profile a start-up plastic surgery practice in Beverly Hills, Los Angeles. In this study, we report practice demographics as well as one year of income, broken down by the referral source for each patient. The dollar amount returned was reported for several social media resources and other internet-based marketing tools. Social media has a relatively high return on investment, and to date this is the first study to transparently quantify the value of social media in plastic surgery.

Challenges and Opportunities in the Use of Marketing Tools and the Promotion of Non Wood Forest Products-Based Small and Medium Enterprises in the South East Europe

Directory of Open Access Journals (Sweden)

Makedonka Stojanovska

2015-06-01

Full Text Available Background and Purpose: The South-east Europe (SEE region is facing a new market economy era where establishing new businesses is more than needed in all sectors. The forest sector, faced with new market emerging opportunities, is affected by the constant increase of a number of forest related enterprises. This paper describes the challenges and opportunities related to the use of marketing tools for improving business of the small and medium enterprises (SMEs dealing with non-wood forest products (NWFPs in SEE region. The research on this subject in the SEE region is scarce despite the rich biodiversity as a solid base for establishing eco-businesses. Materials and Methods: The method used in this paper is quantitative, based on survey data collected from enterprises in the NWFPs sector followed by statistical data analyses using Statistical Package for Social Sciences (SPSS. The survey was conducted during 2011 and 2012 in four SEE countries: Croatia, Bosnia and Herzegovina, Serbia and Macedonia. Results: The results showed that developed channels of distribution, branding and advertising of NWFPs are recognized in all countries as important and very important, but these marketing tools are used only few times per year. The majority of respondents pointed out advertising as the most frequently used and as the most successful tool. Interviewees’ future investments are to be focused on improving equipment for drying, packing, refrigerating and transport. Several entrepreneurs from Macedonia pointed out that they would invest in increasing the number of buying points and herb plantations while almost all Croatian entrepreneurs will invest in advertising, branding and promotion. Majority of respondents from Serbia are also of the opinion that financial resources should be invested in new equipment. The reasons for these investments can be summarized in reducing costs and increasing profit or in faster turnover. Conclusions: The use of marketing

DEVELOPMENT OF METHODS OF ESTIMATION, ANALYSIS, SUBSTANTIATION AND SELECTION OF ORGANIZATIONAL AND TECHNOLOGICAL DECISIONS FOR RECONSTRUCTION OF INDUSTRIAL ENTERPRISES

Directory of Open Access Journals (Sweden)

SIEDIN V. L.

2017-02-01

Full Text Available Raising of problem. Over the past decade, changes in the economy have led to the decline of many industrial enterprises, which in turn led to the emergence of abandoned buildings and degraded areas that create a social and environmental hazard. Accordingly, the buildings and structures of such enterprises do not function and need reconstruction. Purpose of the aricle. Study of the development of methods for assessing, analyzing, substantiating and selecting rational organizational and technological decisions for the reconstruction of industrial enterprises. Conclusion. With the aim of transforming degraded and disordered territories into modern centers of vital activity, it is necessary to identify in each populated area the areas of priority renovation and reconstruction, and also to concentrate budgetary funds and private investments for the implementation of such projects. In the implementation of the above measures, the settlements will be systematically updated in accordance with european standards.

Marshall Space Flight Center Technology Investments Overview

Science.gov (United States)

Tinker, Mike

2014-01-01

NASA is moving forward with prioritized technology investments that will support NASA's exploration and science missions, while benefiting other Government agencies and the U.S. aerospace enterprise. center dotThe plan provides the guidance for NASA's space technology investments during the next four years, within the context of a 20-year horizon center dotThis plan will help ensure that NASA develops technologies that enable its 4 goals to: 1.Sustain and extend human activities in space, 2.Explore the structure, origin, and evolution of the solar system, and search for life past and present, 3.Expand our understanding of the Earth and the universe and have a direct and measurable impact on how we work and live, and 4.Energize domestic space enterprise and extend benefits of space for the Nation.

METHODICAL APPROACH TO AN ASSESSMENT OF THE POTENTIAL OF THE BUSINESS MODEL OF THE ENTERPRISE

Directory of Open Access Journals (Sweden)

Artur D. Bobryshev

2018-01-01

Full Text Available Purpose: the development of a methodical approach to carrying out objective assessment of a business model of the enterprise at justifi cation of investment decisions in the industry.Methods: the study is based on the application of methods of analysis of financial state of enterprises, structural, statistical analyses, expert assessments and business modeling. Actual information about the industry obtained from the materials of the Center server corporate disclosure.Results: widely known abroad the concept of business modeling is gradually finding its deserved recognition in the preparation of investment decisions in industry. Meanwhile, up to the present time specialists are not offered objective mechanism for assessing the degree of optimality of the business model of the industrial enterprise. Judgments about the excellence or badness of a business model are made on the basis of intuitive perception of experts about the completeness of the reflection in it of the main components of modern business. However, this approach in the justification of investment in industrial enterprise entails too high a price to erroneous conclusions based on subjective perceptions. To ensure an objective assessment of excellence models, the proposed methodological rationale of this work is based on comparing the actual parameters of the business and its target the formalized values.Conclusions and Relevance: the recommended use of the mathematical apparatus of the factor analysis of the business model of the industrial enterprise makes the work to support investment decisions in a scientifically sound procedure that guarantees obtaining reliable results.

Chinese Foreign Direct Investment in Indonesia

DEFF Research Database (Denmark)

Gammeltoft, Peter; Tarmidi, Lepi T.

2013-01-01

In Indonesia, no systematic study of Chinese FDI has been undertaken to date. This paper contributes to filling this research gap and analyses the current composition as well as the historical evolution of Chinese FDI in Indonesia, relying on a survey conducted in 2008 among Chinese invested...... enterprises supplemented with key informant interviews, available official statistics and secondary data. Considering the evolution of Chinese investments in Indonesia over time, investments have evolved from being individual and isolated projects to acquiring more systemic properties. Chinese companies have...... acquired a broader sectoral presence in Indonesia and Chinese invested companies in, e.g., extractive or manufacturing activities can increasingly rely on complementary Chinese investments in logistics, travel, finance, etc. Where the local development effects are concerned, a picture emerges where Chinese...

Scaling up Corporate Social Investments in Education: Five Strategies That Work. Global Views. Policy Paper 2012-01

Science.gov (United States)

van Fleet, Justin W.

2012-01-01

Scaling up good corporate social investment practices in developing countries is crucial to realizing the "Education for All" and "Millennium Development Goals". Yet very few corporate social investments have the right mix of vision, financing, cross-sector engagement and leadership to come to scale. Globally, 67 million…

Power development- private investment and initiatives

International Nuclear Information System (INIS)

Gupta, B.P.

1995-01-01

In the context of paucity of resources with Central/State public sector companies and to bridge the gap between rapidly growing demand for electricity and supply, a policy to encourage greater investments by private enterprises in the power sector with the objective of mobilizing additional resources for capacity addition in power generation and distribution, had been formulated in 1991 and is currently under implementation. The policy also allows liberal capital structuring and an attractive return on investment

Beyond Enterprise Resource Planning (ERP): The Next Generation Enterprise Resource Planning Environment

Science.gov (United States)

2012-02-01

systems can provide these business functions. • ERP system: an enterprise-wide commercial off-the-shelf (COTS) software product (e.g., SAP and Oracle...are with two Tier 1 ERP software vendors: Oracle and SAP .16 Moreover, the implementation contracts for these larger ERP system investments were only...documents/FIAR_Plan_November_2011.pdf. 16 compliance was accomplished. In the current environment, DoD’s two ERP software vendors— Oracle and SAP —and the

Analysis of the relationship between social and environmental investment and inclusion of companies in corporate sustainability index of BM&FBOVESPA

Directory of Open Access Journals (Sweden)

Márcio André Veras Machado

2012-04-01

Full Text Available DOI: http://dx.doi.org/10.5007/2175-8077.2012v14n32p141 This paper aims to investigate the relationship between social and environmental investments and the inclusion of companies in the Corporate Sustainability Index of BM&FBOVESPA, by applying logistic regression. For this, we analyzed information relating to internal and external social and environmental investments, from the social balance of companies.The sample consisted of companies eligible for inclusion in the portfolio ISE in the period of December 2009 to December 2010. According to the results, we can conclude that there is a relationship between environmental investments and entry of firms in the portfolio ISE of BM&FBOVESPA, showing that investment made and evidenced in social and environmental issues is a sign of real commitment to social responsibility and sustainability and not simply a form of accountability of the funds invested. As the variables used, internal social investment (II, External (IE and environmental (IA, we found that IE is the best proxy to explain this relationship. In other words, the results suggest that companies that invest resources in favor of community, either voluntarily or through taxes, which is or should be a resource applied in society, has more chances of entering the ISE portfolio composition.

Software database creature for investment property measurement according to international standards

Science.gov (United States)

Ponomareva, S. V.; Merzliakova, N. A.

2018-05-01

The article deals with investment property measurement and accounting problems at the international, national and enterprise levels. The need to create the software for investment property measurement according to International Accounting Standards was substantiated. The necessary software functions and the processes were described.

Client capital as a source of enterprise cost

Directory of Open Access Journals (Sweden)

Verba Veronika A.

2014-01-01

Full Text Available The article presents the authors’ vision of the essence of the client capital and its influence upon the enterprise cost. The goal of the article is explanation of the role of the client capital in the process of enterprise capitalisation with the help of the business cost capitalisation model: investments into assets – cash flow generation – enterprise capitalisation. The result of the study is the authors’ position regarding the essence and structuring the client capital, which gives a possibility to detect financial and managerial instruments of capitalisation of the client capital. The conducted analysis of dynamics of financial parameters of the world leaders of IT industry, car building, clothes manufacture and beverages production allows detection of interconnection of the enterprise cost with the volume of assets and profit and identification of influence of the client capital upon capitalisation of enterprises of various spheres of activity. The article develops a model of capitalisation of the client capital on the basis of detection of cash flows, caused by formation of enterprises of B2C and B2B types.

Social Entrepreneurship and Social Innovation

DEFF Research Database (Denmark)

Lundgaard Andersen, Linda

2015-01-01

In social entrepreneurship, social innovation and human economy coexist with democratic governance and volunteerism in the development of new initiatives and responses to wicked welfare problems. Volunteerism in social entrepreneurship takes up a prominent position, leading to the birth of new...... organisational hybrid formats: social enterprises. Drawing upon a single case study of ‘the Bridge’, a typical Danish work integration social enterprise (WISE), it is shown how social enterprises act as ‘strong learning arenas’, opting for a number of high-profile and ‘popular’ objectives: to train and empower...... marginal citizens, to create sustainable enterprises in a new economy, to strengthen the local community, to renew welfare services and labour strategies, and to develop social enterprise and business models. Adding to these objectives we can include democracy and participation, and positioning...

Optimization of Investment Planning Based on Game-Theoretic Approach

Directory of Open Access Journals (Sweden)

Elena Vladimirovna Butsenko

2018-03-01

Full Text Available The game-theoretic approach has a vast potential in solving economic problems. On the other hand, the theory of games itself can be enriched by the studies of real problems of decision-making. Hence, this study is aimed at developing and testing the game-theoretic technique to optimize the management of investment planning. This technique enables to forecast the results and manage the processes of investment planning. The proposed method of optimizing the management of investment planning allows to choose the best development strategy of an enterprise. This technique uses the “game with nature” model, and the Wald criterion, the maximum criterion and the Hurwitz criterion as criteria. The article presents a new algorithm for constructing the proposed econometric method to optimize investment project management. This algorithm combines the methods of matrix games. Furthermore, I show the implementation of this technique in a block diagram. The algorithm includes the formation of initial data, the elements of the payment matrix, as well as the definition of maximin, maximal, compromise and optimal management strategies. The methodology is tested on the example of the passenger transportation enterprise of the Sverdlovsk Railway in Ekaterinburg. The application of the proposed methodology and the corresponding algorithm allowed to obtain an optimal price strategy for transporting passengers for one direction of traffic. This price strategy contributes to an increase in the company’s income with minimal risk from the launch of this direction. The obtained results and conclusions show the effectiveness of using the developed methodology for optimizing the management of investment processes in the enterprise. The results of the research can be used as a basis for the development of an appropriate tool and applied by any economic entity in its investment activities.

Improvement of methods of evaluation of investment projects in the context of import substitution

Directory of Open Access Journals (Sweden)

Kuvshinov M.S.

2017-01-01

Full Text Available Due to the imposition of sanctions, based more on geopolitical interests, there were additional essential restrictions on sources of external credits, use of import raw materials and technologies, possibilities of attraction to work of the qualified employees which do not have the Russian nationality, participation in the international technology and scientific projects. At similar restrictions of different resources investment decisions are made extremely carefully, and especially careful and reasonable efficiency evaluation of the investments is required. Traditionally used techniques of efficiency evaluation of investment projects not fully consider strategic interests of owners of industrial enterprises and investors. Decrease in risks requires higher quality of project evaluation. In this work the method of multi-level consistently complex integral assessment of investment projects on an indicator of the integral indicator of their efficiency implementing consecutive selection of investment projects from a portfolio on essential indicators of commercial effectiveness, efficiency of production business activities, a financial state and productivity of activity is provided. The developed method of a complex assessment of investment projects is implemented for practical application by the software product allowing to create on the basis of economic-mathematical modeling specific recommendations in economic practice of industrial enterprises during the developing and implementation of investment strategies. The conclusion that for the Russian economy in the conditions of import substitution accounting of all set of interests of investors and owners of the enterprises provides development and implementation of reasonable investment strategies is drawn.

78 FR 41031 - Proposed Information Collection; Comment Request; Direct Investment Surveys: BE-11, Annual Survey...

Science.gov (United States)

2013-07-09

... owning foreign business enterprises in the 2009 benchmark survey of U.S. direct investment abroad, along... Request; Direct Investment Surveys: BE-11, Annual Survey of U.S. Direct Investment Abroad AGENCY: Bureau... to Sarahelen Thompson, Acting Chief, Direct Investment Division (BE-50), Bureau of Economic Analysis...

Accept or Reject? Predicting Ideation Outcomes through Enterprise Social Media

Directory of Open Access Journals (Sweden)

Rozaidi Nik Ahmad

2017-01-01

Full Text Available Implementing social media in the workplace may make it easier for employees to participate in knowledge sharing activities such as Q&A and ideation. However, vetting the quality of answers and ideas becomes more complex when anyone in the company can contribute. Research on the use of social media for Q&A has shown that certain characteristics and reputation algorithms can help determine the best answers. Less is known about the ideation process and the way it plays out in social media. This paper explores the use of enterprise social media (ESM for ideation by employees in a large Russian organization distributed across nine time zones. In particular, we explore which characteristics of both ideas and their contributors predict whether ideas get accepted or rejected. Our analysis is based on logistic regression analysis of a sample of 488 ideas contributed in an ESM tool used in the organization as well as a content analysis of the types of ideas generated. Our results suggest that rather than being truly democratic and decentralized, ideation in ESM is driven by those in (or proximate to positions of organizational power.

Profitability of timber harvesting and timber transportation enterprises

International Nuclear Information System (INIS)

Rajamaeki, J.

1996-01-01

In co-operation with the major companies contracting out forestry work and Statistics Finland, Metsaeteho carried out a project with the objective of analysing the economic profitability of timber harvesting and transportation enterprises in 1994. The calculation of profitability was based on utilisation of last livelihoods taxation data (EVR) that Statistics Finland was in possession of. The basic material comprised data that the companies contracting out forestry work had full-time entrepreneurs. There were 255 forestry machine contractor enterprises and 270 trucking enterprises. Statistics Finland was responsible for computations of the results of the project. The calculation of the indicators of profitability was based on the recommendations of Yritystutkimusneuvottelukunta, a committee looking into the functioning of enterprises. The year 1994 was a good year from the viewpoint of profitability of both forestry machine contractors as well as trucking enterprises. With full depreciations and salary adjustments attended to, both enterprise groups still showed a mean profitability of ca. 8 %. The yield of invested capital was ca. 25 %. The differences in profitability among enterprises were great in both groups and in different parts of the country

Vertical Integration and Reverse Engineering of Agricultural Enterprises

Institute of Scientific and Technical Information of China (English)

Gang; WU; Yong; DU

2014-01-01

This paper studies the potential effects of agricultural enterprise’s vertical integration and reverse engineering on downstream firms.Suppliers who invest reverse engineering technology can exploit customer’s information. An integrated supplier can obtain at no cost the information from its subsidiary. Based on repeated game and considered corporate " good" or " bad" type,this paper analysis supplier’s selection and downstream investment in innovation. The results showed that: when the cost is higher than the threshold value no company invest in reverse engineering,when the cost is lower than the threshold value the integration company invest in reverse engineering; in the second period,vertical integration reduce the downstream independent enterprise’s innovation investment and profits,integrated enterprise increase innovation investment and profits; during the first period of the game,the independent downstream firms being " completely foreclosure".

“Thanks for sharing”—Identifying users’ roles based on knowledge contribution in Enterprise Social Networks

DEFF Research Database (Denmark)

Cetto, Alexandra; Klier, Mathias; Richter, Alexander

2018-01-01

in the network and help others to get their work done. In this paper, we propose a new methodological approach consisting of three steps, namely “message classification”, “identification of users’ roles” as well as “characterization of users’ roles”. We apply the approach to a dataset from a multinational......, are a central element of the network. In conclusion, the development and application of a new methodological approach allows us to contribute to a more refined understanding of users’ knowledge exchanging behavior in Enterprise Social Networks which can ultimately help companies to take measures to improve......While ever more companies use Enterprise Social Networks for knowledge management, there is still a lack of understanding of users’ knowledge exchanging behavior. In this context, it is important to be able to identify and characterize users who contribute and communicate their knowledge...

THE CONDITIONS OF INVESTMENTS IN RENEWABLE ENERGY IN POLAND

OpenAIRE

Grzegorz Masloch

2009-01-01

In the article the author shows the problems that enterprises investing in renewable energy production have to face. Taking into consideration Poland’s obligations regarding the development of the production of renewable energy, activities aiming at environmental protection and the possibilities of getting EU funding of ecological investments, the paper’s subject matter seems particularly significant.

Reform and efficiency of state-owned forest enterprises in Northeast China as “social firms”

Science.gov (United States)

Han Xue; Gregory E. Frey; Geng Yude; Frederick W. Cubbage; Zhang Zhaohui

2018-01-01

State-owned forest enterprises (SOFEs) in northeast China have experienced past economic loss andenvironmental degradation, causing government to seek reforms. Measurement of technical efficiencyallows us to evaluate overall trends and how reforms affect production of social and environmental goods.Previous assessments have used small samples, short time...

Optimal Responsible Investment

DEFF Research Database (Denmark)

Jessen, Pernille

Numerous institutions are now engaged in Socially Responsible Investment or have signed the "UN Principles for Responsible Investment". Retail investors, however, are still lacking behind. This is peculiar since the sector constitutes key stakeholders in environmental, social and governmental...... standards. This paper considers optimal responsible investment for a small retail investor. It extends conventional portfolio theory by allowing for a personal-value based investment decision. Preferences for responsibility are defined in the framework of mean-variance analysis and an optimal responsible...... investment model identified. Implications of the altered investment problem are investigated when the dynamics between portfolio risk, expected return and responsibility is considered. Relying on the definition of a responsible investor, it is shown how superior investment opportunities can emerge when...

Responsible tax as corporate social responsibility: the case of multinational enterprises and effective tax in India

NARCIS (Netherlands)

Muller, A.; Kolk, A.

2015-01-01

Anecdotal evidence often suggests that multinational enterprises (MNEs) operating in developing countries "exploit their multinationality" to avoid paying taxes to host governments. This article explores the concept of "responsible tax" as a corporate social responsibility (CSR) issue for MNEs,

The Investment Capacities of the Ukrainian Economy the EU countries

Directory of Open Access Journals (Sweden)

O. S.

2017-02-01

Full Text Available The article deals with selected aspects of investment in the context of the enhanced competition at investment markets and the need to increase the investment performance. A review of literary sources shows that investment capacities essentially refer to the economy’s capability to fund processes or phases related with generation of innovation, formation and modernization of fixed assets or intangible assets; development of education, research and information sectors; reproduction, support and creation of national wealth. It is emphasized that formation and realization of investment capacities in the economy can be attributed to processes that have significant effects for economic performance in the long run, especially when the capacities are innovative. The author’s definition of investment capacities of the economy is given, as the capacity to support financially the upward investment trend through accumulating fixed capital and increasing the profit rate from its generation in current and medium-term periods. The existing methodology for assessment of investment capacities at country level is analyzed; recommendations to improve the system of aggregated investment statistics, taking into account the Eurostat methodology, are given. Statistical indicators measuring the investment capacities in EU countries and Ukraine are analyzed. The analysis shows that the investment rate in Ukrainian industrial enterprises was 21.8% in 2014 and 19.6% in 2015, giving an indication of downward investment trend and the shrinking investment capacities of the national economy. Growth in the share of profit in the value added in 2015 by 6.7 percentage points (to 47.3% compared with 2014 is evidence that instead of investing internal resources, enterprises use them to cover financial loses or tend to take them off the national boundaries. Upward investment trend can be recovered by the increased supply of investment projects with low level of investment risk

Do social factors influence investment behavior and performance? Evidence from mutual fund holdings

NARCIS (Netherlands)

Borgers, Arian; Derwall, J.M.M.; Koedijk, Kees; ter Horst, Jenke

2015-01-01

We study the economic significance of social dimensions in investment decisions by analyzing the holdings of U.S. equity mutual funds over the period 2004-2012. Using these holdings, we measure funds' exposures to socially sensitive stocks in order to answer two questions. What explains

7 CFR 4290.900 - Management fees for services provided to an Enterprise by RBIC or its Associate.

Science.gov (United States)

2010-01-01

... AGRICULTURE RURAL BUSINESS INVESTMENT COMPANY (âRBICâ) PROGRAM Financing of Enterprises by RBICs Limitations on Disposition of Assets § 4290.900 Management fees for services provided to an Enterprise by RBIC or... management services that you or your Associate provide to an Enterprise that you do not finance. (b) The...

Financial capital appraisal in the system of industrial enterprise development management

Directory of Open Access Journals (Sweden)

Akhtyamov M.K.

2017-01-01

Full Text Available The paper studies an objective appraisal of financial capital value in industrial enterprise development management. The authors draw attention to a limited scope of work in the area of financial management under application of a traditional approach to appraisal of enterprise financial capital value and describe a new advanced approach to this problem solving. The paper focuses on reformation of balance sheet statement, in which economic benefit and reserves of financial capital are included by the authors; the author’s methodology for appraisal of financial capital value and its application sphere are denoted. In accordance with a case study, we confirm possibility of more accurate appraisal of enterprise investment opportunities by taking into account economic benefit from reserve of liquidity and borrowing capacity, which increases financial capital value. The practical approval results affirm that application of proprietary methodology for appraisal of financial capital and its elements has practical utility in solving problems of determination of required amount of attracted foreign investments and problems of determination of fair value of company take of an external investor, which are aimed at minimizing risks of corporate ownership dissemination and improving managerial efficiency of an industrial enterprise.

German crowd-investing platforms: Literature review and survey

Directory of Open Access Journals (Sweden)

David Grundy

2016-12-01

Full Text Available This article presents a comprehensive overview of the current German crowd-investing market drawing on a data-set of 31 crowd-investing platforms including the analysis of 265 completed projects. While crowd-investing market still only represents a niche in the German venture capital market, there is potential for an increase in both market volume and in average project investment. The market share is distributed among a few crowd-investing platforms with high entry barriers for new platforms although platforms that specialise in certain sectors have managed to successfully enter the market. German crowd-investing platforms are found to promote mainly internet-based enterprises (36% followed by projects in real estate (24% and green projects (19%, with the median money raised 100,000 euro.

La empresa social en España y en Italia durante la crisis ¿un laboratorio de innovación económica y social? (Social enterprise in Spain and Italy during the crisis. A laboratory for economic and social innovation?

Directory of Open Access Journals (Sweden)

Andrea Pirni

2015-07-01

. | The contribution explores the development of social enterprises in Spain and Italy in the framework of the economic and social crisis. Comparing the spread of the phenomena and its legal framework, we define the boundaries of the "ecosystem" of social enterprises in the two countries, identifying commonalities and specificities. The hypothesis is that the social enterprise represents a proactive tool for generating responses to the crisis, promoting economic and social trajectories of innovation and contributing to a sustainable development model. Innovation comes from the power of social enterprises to generate innovative responses to emerging demands and from the ability to create both social and economic value, to meet individual and collective spheres, enabling paths of change in the medium and in the long term and promoting the empowerment processes in the local dimension. Yet, the innovative character of the social enterprise does not merely arise from the externalization of social services from the public to the third sector, in order to reduce public expenditure. Instead, behind the rhetoric of social innovation it can hide projects to reduce public service through cutting down on wages and the quality of services. The article compares the presence and prospects of development of the phenomenon in Italy and Spain and, finally, offers a critical reflection on the risks and opportunities related to the spread of the social enterprise, as it is characterized by a novel integration between solidarity action and economic action, in entrepreneurial practices serving a social purpose.

The Role of Technology, Investment and Ownership Structure in the Productivity Performance of the Manufacturing Sector in Vietnam

DEFF Research Database (Denmark)

Newman, Carol; Narciso, Gaia; Tarp, Finn

2009-01-01

. The empirical analysis reveals investment and technology usage as important determinants of enterprise productivity levels. Specifically, higher levels of productivity are found in foreign- and state-owned enterprises, driven almost entirely by higher levels of investment and technology usage. Our results...... in almost all sectors and that for many sectors the dispersion in productivity is declining over time. However, for the most productive sectors the gap is widening suggesting that productivity is being driven by the most productive enterprises getting better, leaving the least productive behind...

Foreign Assistance: Enterprise Funds' Contributions to Private Sector Development Vary

National Research Council Canada - National Science Library

1999-01-01

...- and medium-sized businesses in which other financial institutions are reluctant to invest. With the breakup of the Soviet Union in 1991, enterprise funds were subsequently established in the newly independent states...

Recycling of waste vegetable oil biodiesel and glycerine : social enterprise feasibility study

International Nuclear Information System (INIS)

2005-12-01

This study examined the feasibility of recycling waste vegetable oil into biodiesel fuel as part of a social enterprise spearheaded by the Centre de sante communautaire in Sudbury. The enterprise proposed the collection of waste vegetable oil from local restaurants for refinement into biodiesel fuel as well as glycerine byproducts. The study included reviews of legal issues related to the project as well as details of community consultation processes. Target participants were also identified. The biodiesel industry was briefly reviewed along with details of the biodiesel manufacturing process. The study determined that 2 permanent employees will be required to run the biodiesel project. Initial staffing for the first year of the project was estimated at 4 full-time equivalent participants. Equipment and capital purchases for the first year of operation were estimated at $75,000. Total funds for startup of the project were estimated at $140,000. Budgets were supplied to the year 2009. 34 refs., 2 tabs., 5 figs

Enterprise-Wide Process & Performance Excellence:

DEFF Research Database (Denmark)

Edgeman, Rick; Kristensen, Kai; Eskildsen, Jacob Kjær

2013-01-01

Program value proposition, content, organization, and strategy are elaborated herein. This elaboration is the result of careful study of business and social trends, along with careful listening to collaborating enterprises. It is in this latter sense that the Enterprise-Wide Process & Performance...... Excellence certificate program is a product of a co-creation process....

Foreign Assistance: U.S. Russia Fund Is Following Its Investment Selection Process and Criteria

National Research Council Canada - National Science Library

2000-01-01

.... Enterprise funds are private, nonprofit U.S. corporations that are supposed to make loans to, or investments in, small-, medium-, and large-sized businesses in which other financial institutions are reluctant to invest...

GESTIÓN DE RECURSOS EN LA EMPRESA SOCIAL: UN RETO INELUDIBLE

Directory of Open Access Journals (Sweden)

Catalina Nicolás Martínez

2014-12-01

Full Text Available When an entrepreneur decides to create a business one of the first challenges he faces is to manage the resources in an efficient manner. In the case of social entrepreneurship this challenge is even more important because their particular social object often difficult access and management of them. To deepen in the research focused on the analysis of the differences between commercial and social enterprises, this paper focuses on the study of two key resources for entrepreneurship, human and financial resources. From this research it can be said that although social enterprises have new sources of funding, there are more and more people and institutions that decide to invest in this type of companies. In addition, although they present difficulties to attract the best professionals, because they cannot offer competitive salaries, it is also true that more and more have on staff with volunteers plainly identified its mission.

Technique of calculating specific capital investments in the fuel extracting sectors of industry

Energy Technology Data Exchange (ETDEWEB)

Bugrov, V.A.; Filey, I.A.

1980-01-01

An analysis is made of the existing methods of calculating specific capital investments in the fuel extracting sectors of industry. Their shortcomings are shown. It is suggested that specific capital investments for extraction of coal and gas be defined as the ratio of capital investments to the conditional increase in extraction. Coal extraction should take int consideration all the capital investments associated with the input of new facilities, and the maintenance of the attained level of extraction and reconstruction of the enterprise, as well as all the newly introduced facilities both at the new and at the active enterprises associated with an increase in coal extraction and with maintenance of the facilities. The suggested technique completely corresponds to the ''Standard Technique for Developing a Technical-Industrial-Financial Plan,'' which stipulates determination of specific capital investments per unit of introduced facilities with only the difference that it takes into consideration the specific features of the fuel extracting sectors of industry.

Improving quality of foreign direct investment attraction in Vietnam

OpenAIRE

Ngo Phuc Hanh; Đao Van Hùng; Nguyen Thac Hoat; Dao Thi Thu Trang

2017-01-01

Foreign direct investment (FDI) enterprises are playing a key role in Vietnam's economy. By the end of 2016, there are more than 21,398 FDI projects in force, with the total registered capital of nearly 293 billion USD. One hundred six countries and territories have invested in 19 industries in 68 provinces and cities of Vietnam. These investments have added a large amount of capital to the economy, which has basically been used effectively, contributing to the economic growth of Vietnam. In ...

Value Creation Mechanism of Social Enterprises in Manufacturing Industry: Empirical Evidence from Korea

Directory of Open Access Journals (Sweden)

Hosung Son

2017-12-01

Full Text Available A variety of social enterprises (SEs have recently emerged in many different countries in an effort to resolve diverse social problems. However, the value creation mechanism of SEs has not yet been disclosed. The purpose of this study is to reveal the value creation mechanism of SEs in manufacturing industry. To do so, we verify the role of social entrepreneurship and examine the effects of product innovation attributes and social capital on social value creation and financial performance by using structural equation modelling. Then, we conduct interviews with six experts in SE fields. According to the results of empirical study, the social entrepreneurship works as an antecedent of product innovation and social capital in SEs and the degrees of products’ simplicity, usability and standardization positively affect the social value creation of SEs. In addition, the social value creation works as a complete mediator between the product innovation of SEs and their financial performance. The interviews suggest policy implications for successful social value creation and sustainability of SEs. This research contributes towards further studies on innovation of SEs and provides social entrepreneurs with guidelines in planning their innovation strategy or developing their products.

Toward a theory of responsible investing : On the economic foundations of corporate social responsibility

NARCIS (Netherlands)

Dam, Lammertjan; Scholtens, Lambertus

Studies that link corporate social and financial performance usually find a positive association between the two. However, the literature does not establish a significant impact of socially responsible investing on stock market returns. We develop a coherent economic framework of responsible

Design, Development and Implementation of Decision Support Systems for Private Equity Investment

OpenAIRE

Vroomen, Paul

2017-01-01

The objective of this research is to design, develop and implement an intelligent decision support system (IDSS) for making rational private equity investment decisions. (Private equity investments are capital investments in enterprises that are not traded on public equity markets; they include Equity Buy-Out, Venture Capital, and the new Equity Crowd Funding (ECF) asset classes). The design and development of the IDSS requires the integration of investment science (valuation theory, portfoli...

Vietnam: expanding the social security system.

Science.gov (United States)

Pruzin, D

1996-01-01

Viet Nam's shift toward a market-oriented economy has been associated with annual gross domestic product growth of more than 8% over the past 5 years. At the same time, the emergence of private-sector enterprises and subsequent closure of many state-run enterprises have had profound implications for Viet Nam's social protection systems. At present, only 5.6 million of the country's 33 million workers are covered under the state-run social insurance system. In 1995, the government moved to include private enterprises with 10 or more employees in its state benefits system. The International Labor Organization (ILO) has been working with the Vietnamese Government to design and implement a social security system that would extend coverage progressively to excluded sectors and provide support to workers who have become unemployed as a result of the economic transition process. At its Eighth National Congress, the Vietnamese Communist Party approved a 5-year social and economic plan calling for such an expansion of the social insurance system as well as for a guaranteed standard of living for pensioners. To facilitate anticipated changes, activities that were previously divided between the Ministry of Labor, Invalids, and Social Affairs and the Vietnam General Confederation of Labor have been assigned to the newly formed Vietnam Social Insurance (VSI) Organization. Under consideration is a plan to combine some VSI activities with those of the Vietnam Health Insurance Organization. The ILO will assist with training, computerization, and social security fund investing. Noncompliance is a major obstacle to planned expansion of the social security system; about 90% of private firms are still not paying into the system.

The Location Choice of Foreign Direct Investments

DEFF Research Database (Denmark)

Nielsen, Bo Bernhard; Geisler Asmussen, Christian; Weatherall, Cecilie Dohlmann

2017-01-01

The choice of location of foreign direct investments (FDI) by multinational enterprises (MNEs) has been the subject of intense scrutiny for decades and continues to be so. Yet, the vast diversity in methodological approaches, levels of analysis, and empirical evidence precludes a comprehensive...

Male vs. female business owners: Are there differences in investment behavior?

OpenAIRE

Pelger, Ines

2012-01-01

This paper analyzes gender differences in the investment activity of German small and medium sized enterprises (SMEs). The empirical analysis is carried out on a sample of firms drawn from the KfW Mittelstandspanel, a representative survey of German SMEs for the period from 2003 to 2009. We find evidence that female-owned firms are less likely to invest and if they invest, then their average investment rate is lower. These differences cannot entirely be explained by firm or owner characterist...

The Role of Cash Flow in Financial Early Warning of Agricultural Enterprises Based on Logistic Model

Science.gov (United States)

Sun, Fengru

2018-01-01

This paper chooses the agricultural listed companies as the research object, compares the financial situation of the enterprise and the theory of financial early warning, combines the financial status of the agricultural listed companies, selects the relevant cash flow indicators, discusses the application of the Logistic financial early warning model in the agricultural listed companies, Agricultural enterprises get better development. Research on financial early warning of agricultural listed companies will help the agricultural listed companies to predict the financial crisis. Financial early warning model is simple to establish, operational and strong, the use of financial early warning model, to help enterprises in the financial crisis before taking rapid and effective measures, which can avoid losses. Help enterprises to discover signs of deterioration of the financial situation in time to maintain the sustainable development of agricultural enterprises. In addition, through the financial early warning model, investors can correctly identify the financial situation of agricultural enterprises, and can evaluate the financial situation of agricultural enterprises and to help investors to invest in scientific and rational, beneficial to investors to analyze the safety of investment. But also help the relevant regulatory agencies to effectively monitor the market and promote the healthy and stable development of the market.

Work environment investments: outcomes from three cases.

Science.gov (United States)

Rydell, Alexis; Andersson, Ing-Marie

2017-09-27

Work environment investments are important in order to create a healthy and safe workplace. This article presents findings from a seven-step interventions process aimed at examining and following-up work environment investments in small and medium-sized enterprises (SMEs), with a particular focus on air contaminants. Three different cases were analyzed and included in the study: (a) an educational center for welding; (b) a paint station in furniture manufacturing; (c) a joinery in furniture manufacturing. The results show that the work environment investments were highly appreciated by the employees and managers, but at the same time the investment could be optimized through markedly decreased exposure levels for the worker. Factors such as follow-ups of the investment, education and training in how to use the equipment, worker involvement in the process and leadership engagement are important in order to optimize work environment investments.

ESG Integration and the Investment Management Process : Fundamental Investing Reinvented

NARCIS (Netherlands)

van Duuren, Emiel; Plantinga, Auke; Scholtens, Bert

2016-01-01

We investigate how conventional asset managers account for environmental, social and governance factors (ESG) in their investment process. We do so on the basis of an international survey among fund managers. We find that many conventional managers integrate responsible investing in their investment

Using Cryptocurrency in the Activities of Ukrainian Small and Medium Enterprises in order to Improve their Investment Attractiveness

Directory of Open Access Journals (Sweden)

Ivashchenko Alla I.

2016-08-01

Full Text Available The aim of the article is to analyze the main features of cryptocurrency with respect to the identification of main advantages and disadvantages of using cryptocurrency as a method of effecting cashless payments by small and medium enterprises in order to increase the level of their investment attractiveness. The article describes the basic characteristics of cryptocurrencies and Bitcon as the most common among them. The Bitcoin emission mechanism has been built and the dynamics of changes in the value, difficulty of its «extracting» or «mining», the market capitalization for 2009–2016 have been analyzed. In this connection the identified main trends and the relationship between the analyzed indicators are highlighted. The attitude of the authorities of different countries to «mining» and using cryptocurrency in calculations is shown, the monitoring of leading international financial institutions in terms of the use of Bitcoinis is carried out. In addition, the leaders among the existing cryptocurrency exchanges are determined, and the level of their market capitalization is shown, a comparative analysis of the traditional currency and cryptocurrency is conducted, an assessment of financial institutions that work with Bitcoin in Ukraine is performed, the attention being focused on the main advantages and disadvantages of using cryptocurrency in small and medium business. Taking into account all the positive aspects there justified the prospects of using the presented in the article finance cryptoinstruments, in particular Bitcoin, in order to improve the investment attractiveness.