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Eco-labeling and sustainability: A case of textile industry in Pakistan
برچسب زدن به محیط زیست و پایداری: موردی از صنعت نساجی در پاکستان-2020 Industrial pollution is a big concern in many manufacturing sectors including textile sector. Recently,
voluntary actions for environmental protection have gained their importance. Eco-labeling is one of the
most important schemes of voluntary environmental actions and has been recognized as an effective
measure to reduce industrial pollution. This paper analyzes the effect of eco-labels on the textile firms’
environmental and financial performance. Three stage least squares regression is applied using data from
128 firms listed in Pakistan Stock Exchange. Results reveal that eco-labels have a significant positive
effect on textile firms’ environmental and financial performance. This indicates that eco-labels promote
the sustainable growth of textile firms. Furthermore, financial performance, material cost, and age have a
significant positive effect on the environmental performance of textile firms whereas machinery and size
have a significant negative effect on the environmental performance. Likewise, debt-equity ratio and size
of the firm have a significant positive effect on the financial performance of the textile firms wheras the
environmental performance, machinery, and age of the firms have a significant negative effect on the
financial performance Keywords: Eco-labeling | Sustainability | Environment-friendly products | Pakistan textile firms | Simultaneous equations | Three stage least square method |
مقاله انگلیسی |
2 |
The role of social ties and communication technologies in visiting friends tourism- A GMM simultaneous equations approach
نقش روابط اجتماعی و فناوری ارتباطات در دیدار دوستان گردشگری - رویکرد معادلات همزمان GMM-2017 This study has two objectives: to examine the interplay between communication technologies, social
ties, attractiveness of destination and distance, focusing on the visiting friends tourism; and to further
distinguish the visiting friends sub-segment from the visiting relatives one. We pursue a quantitative
approach by analyzing survey data among 300 respondents who maintain connections with friends
overseas, while accounting for endogeneity and simultaneity concerns. We find further justification of
the need to study visiting relatives and visiting friends separately. We demonstrate that the use of
different communication channels is not monolithic; some media are negatively correlated with travel to
meet in person, while other media and meetings in person are mutually reinforcing. Yet, the ongoing
advances in communication technologies, on the one hand, and in transportation, on the other, entails
that the interplay between communication technologies and face-to-face meeting will evolve, hence, it
should continue to be explored in future research.
Keywords: Visiting friends and relatives | Communication technologies | Social networks | GMM |
مقاله انگلیسی |
3 |
CSR related management practices and firm performance: An empirical analysis of the quantity–quality trade-off on French data
شیوه های مدیریت مرتبط با CSR و عملکرد شرکت: تجزیه و تحلیل تجربی مقدار با کیفیت تجارت کردن بر روی داده های فرانسوی-2016 This paper analyzes how different combinations of Corporate Social Responsibility (CSR) dimensions affect corporate economic performance. We use various dimensions of CSR to examine whether firms rely on different combinations of CSR, in terms of quality versus quantity of CSR practices. Our empirical analysis based on an original database including 10,293 French firms shows that different CSR dimensions in isolation impact positively firms’ profits but their effect in term on intensity varies among CSR dimensions. Moreover, the findings on the qualitative CSR measure, based on interaction between its dimensions, show that the substitutability of these dimensions is highly significant for firm performance. However, in terms of the intensity, those interactions produce differential effects. Actually, asking whether a firm starting with a certain configuration cannot perform better by adding or removing some dimension(s) we found that only one configuration fulfills this requirement: green and HR. The interpretation is that when a firm starts with this configuration then it is better not to move to another configuration. In all other configurations, firms can always improve their profits either by adding or removing some dimensions. Finally, the profitability of CSR investments in French firms seems to rely on a specific qualitative mix of different CSR dimensions rather than a pure quantitative approach accumulating practices without designing a consistent set of interactions among them.& 2014 Elsevier B.V. All rights reserved.
Keywords:Corporate social responsibility | Firm performance | Substitutability | Complementarity | Trade-off | Simultaneous equations models |
مقاله انگلیسی |