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Article
Publication date: 28 February 2023

Hanh Minh Thai, Giang Nguyen Thuc Huong, Trinh Trong Nguyen, Hien Thu Pham, Huyen Thi Khanh Nguyen and Trang Huyen Vu

Climate change increases systematic risk for firms, especially those in the agricultural industry. Therefore, the need to examine the consequences of climate-related risks on…

Abstract

Purpose

Climate change increases systematic risk for firms, especially those in the agricultural industry. Therefore, the need to examine the consequences of climate-related risks on agribusiness companies' financial performance across the globe and emerging markets has risen. In this context, the paper aims to investigate the effects of climate change risks on the financial performance of agriculture listed firms in Vietnam.

Design/methodology/approach

The study sample includes 77 Vietnamese listed firms in the agricultural industry in the period of 2015–2019. The authors chose temperature, wind, rainfall and humidity proxies to measure climate change. The OLS regression, random regression and sub-sample analysis have been used to examine the impacts of climate risks on firms' financial performance.

Findings

Empirical results show that rain and temperature have positive impacts on financial performance of Vietnamese agriculture listed firms, while wind and humidity have insignificant impacts on financial performance.

Research limitations/implications

The research helps researchers, businesses, practitioners and policymakers interested in the agricultural industry, especially those in developing and emerging countries, to develop a deep understanding of the impact of climate change risks on firm performance and therefrom prepare necessary measures to reduce the negative impacts.

Originality/value

This study adds to the literature stream on the impacts of climate change on financial performance. It is the first study to investigate this impact in Vietnam, a country which depends mainly on agriculture.

Details

Journal of Agribusiness in Developing and Emerging Economies, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2044-0839

Keywords

Article
Publication date: 18 November 2013

Xian Xin, Tun Lin, Xiaoyun Liu, Guanghua Wan and Yongsheng Zhang

This paper aims to investigate the impacts of climate change on the People's Republic of China's (PRC) grain output using rural household survey data. The paper highlights the…

Abstract

Purpose

This paper aims to investigate the impacts of climate change on the People's Republic of China's (PRC) grain output using rural household survey data. The paper highlights the regional differences of impacts by estimating output elasticities (with respect to climate change) for different grain crops and different regions.

Design/methodology/approach

The paper uses production function to investigate the responses of grain output to climate variables as well as other traditional input variables. The use of production function approach allows us to do away with the competitive land market assumption as required in the Ricardian approach. The paper will use interaction terms of climate variables and regional dummies to capture the regional differences of climate change impact on grain crops.

Findings

The results indicate that the overall negative climate impacts on the PRC's grain output range from −0.31 to −2.69 percent in 2030 and from −1.93 to −3.07 percent in 2050, under different emission scenarios. The impacts, however, differ substantially for different grain crops and different regions.

Originality/value

This paper addresses the limitations of existing literature by highlighting regional differences and crop varieties using the most recent nationwide rural household survey data. The results indicate pronounced regional differences and crop differences in the impacts of climate changes on PRC's grain output.

Details

China Agricultural Economic Review, vol. 5 no. 4
Type: Research Article
ISSN: 1756-137X

Keywords

Article
Publication date: 4 December 2017

Marco Comuzzi and Minou Parhizkar

Enterprise systems (ESs) are hard to maintain, since they embed a large fraction of organisational data and tasks, which are often intertwined and highly interdependent. The…

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Abstract

Purpose

Enterprise systems (ESs) are hard to maintain, since they embed a large fraction of organisational data and tasks, which are often intertwined and highly interdependent. The purpose of this paper is to propose a methodology for enterprise resource planning (ERP) post-implementation change management to support business analysts during perfective maintenance.

Design/methodology/approach

The methodology draws a parallel line with engineering change management and considers the steps of mapping the dependencies among ES components, understanding the ripple effects of change, and defining metrics to quantify and assess the impact of change. The methodology is instantiated in the case of ERP systems, for which a tool has also been implemented and evaluated by ERP implementation experts.

Findings

Experts positively evaluated the proposed methodology. General design principles to instantiate the methodology in the case of systems other than ERP have been derived.

Originality/value

While existing ESs change management methodologies help to identify the need for change, the proposed methodology help to structure the change process, supporting the task of perfective maintenance in an efficient way.

Details

Industrial Management & Data Systems, vol. 117 no. 10
Type: Research Article
ISSN: 0263-5577

Keywords

Article
Publication date: 12 August 2014

Hoa Khanh Dam

The paper aims to address the issue of Web service providers facing a major issue of estimating the potential effects of changing a Web service to other services, especially in…

Abstract

Purpose

The paper aims to address the issue of Web service providers facing a major issue of estimating the potential effects of changing a Web service to other services, especially in large ecosystems of Web services which have become more common nowadays. Web service providers make constant changes to their Web services to meet the ever-changing business requirements.

Design/methodology/approach

The paper proposes an approach to predict change impact by mining a version history of a Web service ecosystem. The proposed approach extracts patterns of Web services that have been changed together from the version history by using association rule data mining techniques. The approach then uses this knowledge of co-changed patterns for predicting the impact of future changes based on the assumption that Web services which have been changed together frequently in the past will likely be changed together in future.

Findings

An empirical validation based on the Amazon’s ecosystem of 46 Web services indicates the effectiveness of the proposed approach. After an initial change, the proposed approach can correctly predict up to 25 per cent of further Web services to be changed with the precision of up to 82 per cent.

Originality/value

Traditional approaches to predict change impact in Web services tend to rely on having a dependency graph between Web services. However, in practice, building and maintaining inter-service dependencies that capture the precise semantics and behaviours of the Web services are challenging and costly. The proposed approach offers a novel alternative which only requires mining the existing version history of Web services.

Details

International Journal of Web Information Systems, vol. 10 no. 3
Type: Research Article
ISSN: 1744-0084

Keywords

Article
Publication date: 21 November 2016

Cassandra Pillay and Jeroen van den Bergh

This paper aims to clarify the relationship between climate change, its negative impacts on human health and its role in catalysing public engagement for climate policies. It aims…

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Abstract

Purpose

This paper aims to clarify the relationship between climate change, its negative impacts on human health and its role in catalysing public engagement for climate policies. It aims to increase public support for climate-mitigation strategies by showing the medical case for negative climate-induced health impacts, the economic burden it entails and the public response to climate change that may be expected when health frames are used.

Design/methodology/approach

The paper reviews medical, economic and behavioural studies focusing on climate-induced health impacts, its economic costs and its potential for catalysing public engagement for climate policy.

Findings

The paper provides empirical insights about the various direct and indirect effects of climate change on human health which includes both physical impacts (infectious and non-infectious diseases) and non-physical impacts (mental disorders and reduced labour productivity). Extreme events such as storms, floods and droughts further seriously affect the health of many people, as they restrict food production and water supply. Economic damage costs of climate-induced health impacts are underestimated. Together, natural science, medical and economic studies warrant giving more attention to health in public debates on climate change. The more so as evidence of behavioural studies suggests that the use of health frames reinforces public concern for climate issues.

Originality/value

This paper argues that climate-induced health impacts and their economic costs should be given more serious attention in discussions about climate-mitigation strategies. They can augment public support for climate policy.

Details

International Journal of Climate Change Strategies and Management, vol. 8 no. 5
Type: Research Article
ISSN: 1756-8692

Keywords

Article
Publication date: 27 February 2024

Hiva Rastegar, Gabriel Eweje and Aymen Sajjad

This paper aims to unravel the relationship between market-driven impacts of climate change and firms’ deployment of renewable energy (RE) innovation. The purpose is to understand…

Abstract

Purpose

This paper aims to unravel the relationship between market-driven impacts of climate change and firms’ deployment of renewable energy (RE) innovation. The purpose is to understand how market-related forces, influenced by uncertainty, shape firms’ behaviour in response to climate change challenges.

Design/methodology/approach

Drawing on the behavioural theory of the firm (BTOF), the paper develops a conceptual model to decode the relationship between each category of market-driven impacts and the resulting RE innovation within firms. The model takes into account the role of uncertainty and differentiates between multinational enterprises (MNEs) and domestic firms.

Findings

The analysis reveals five key sources of market-driven impacts: investor sentiment, media coverage, competitors’ adoption of ISO 14001, customer satisfaction and shareholder activism. These forces influence the adoption of RE innovation differently across firms, depending on the level of uncertainty and the discrepancy between environmental performance and aspiration level.

Originality/value

This paper contributes to the literature in four ways. Firstly, it emphasises the importance of uncertainty associated with market-driven impacts, which stimulates different responses from firms. Secondly, it fills a research gap by focusing on the proactivity of firms in adopting RE innovation, rather than just operational strategies to curb emissions. Thirdly, the paper extends the BTOF by incorporating the concept of uncertainty in explaining firm behaviour. Finally, it provides insights into the green strategies of MNEs in the face of climate change, offering a comprehensive model that differentiates MNEs from domestic firms.

Details

Corporate Governance: The International Journal of Business in Society, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1472-0701

Keywords

Abstract

Details

Creating Meaningful Impact: The Essential Guide to Developing an Impact-Literate Mindset
Type: Book
ISBN: 978-1-80455-192-9

Book part
Publication date: 25 September 2012

Fritz Reusswig and Lutz Meyer-Ohlendorf

Purpose – Adaptation to climate change requires that the population at risk and decision makers in various sectors become aware of the possible detrimental impacts in order to…

Abstract

Purpose – Adaptation to climate change requires that the population at risk and decision makers in various sectors become aware of the possible detrimental impacts in order to take whatever action is needed, especially in highly vulnerable countries and regions. In order to assess the climate change and impact awareness in a particularly vulnerable area – the Indian city Hyderabad, located within a semiarid region – we wanted to learn more about the local climate discourse, in particular the daily newspaper coverage of climate change and weather extremes.

Methodology/approach – After having looked at the Indian climate change discourse (CCD) in general, based on literature review, we were studying the local public CCD, based on the in-depth analysis of two English language daily newspapers, and three Telugu (the dominant local language) daily newspapers, covering the period of 2008–2009. This qualitative and quantitative analysis was completed by two expert interviews with local journalists.

Findings – We find that the more recent Indian CCD has shifted if compared to the dominant argumentation pattern of the period before, as reported in other analyses. While the former discourse was characterized by the scheme “the poor/developing countries suffer from anthropogenic climate change caused by the industrialized countries,” the recent Indian CCD has become more differentiated, taking into account both impacts elsewhere, and, most notably, conceding a (limited) responsibility of countries like India. On a local level, while reports on weather extremes are very common, we find that local newspapers of Hyderabad do not provide a link between these extreme events and (global) climate change.

Research limitations – Our discourse analysis could only cover a short time period of a local CCD, leaving open the questions of (a) its further development, and (b) how things might stand in other places in India. Furthermore it would be necessary to complement our study by analyses of the impact of mass media reporting on people's attitudes and behavior.

Originality/value of paper – Given the importance of public participation in adaptation measures, it is crucial to know if and how the wider public and the majority of the nonexpert public administration (which needs to be involved) understands the causes, potential impacts, and possible adaptive action in the face of climate change. This chapter provides a necessary (though not sufficient) element for that assessment. The findings can help to identify weaknesses, and thus to give hints how to improve the adaptive capacity in places like Hyderabad (India).

Details

Urban Areas and Global Climate Change
Type: Book
ISBN: 978-1-78190-037-6

Book part
Publication date: 11 May 2012

Elizabeth Hooper and Lee Chapman

Purpose – To investigate the potential impacts of future climate change in the United Kingdom on its road and rail networks.Methodology/approach – The climate change impacts of…

Abstract

Purpose – To investigate the potential impacts of future climate change in the United Kingdom on its road and rail networks.

Methodology/approach – The climate change impacts of increasing summer temperatures, decreasing winter temperatures, increased heavy precipitation, greater numbers of extreme weather events and rises in sea level are reviewed.

Findings – Surface transportation is the most exposed element to the localised impacts of climate change. High summer temperatures will result in road rutting, rail buckling and decreased thermal comfort, whereas more intense winter precipitation will cause flooding, landslips and bridge scour across all modes. For all impacts, it is the extreme events (e.g. heat waves and storms) that are potentially the most devastating. As shown, there are some positive climate change impacts. For example, in the case of winter maintenance, all transport networks stand to benefit.

Originality/value – In order for transport to react appropriately to the potential changes in climate, it is essential to understand how the road and rail networks may be affected and to build strategies for both adaptation and mitigation into plans for future developments for both modes.

Details

Transport and Climate Change
Type: Book
ISBN: 978-1-78052-440-5

Keywords

Abstract

Details

Responsible Investment Around the World: Finance after the Great Reset
Type: Book
ISBN: 978-1-80382-851-0

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