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1 – 10 of 36Marcelo Brutti Righi, Yi Yang and Paulo Sergio Ceretta
In this chapter, we estimate the Expected Shortfall (ES) in conditional autoregressive expectile models by using a nonparametric multiple expectile regression via gradient tree…
Abstract
In this chapter, we estimate the Expected Shortfall (ES) in conditional autoregressive expectile models by using a nonparametric multiple expectile regression via gradient tree boosting. This approach has the advantages generated by the flexibility of not having to rely on data assumptions and avoids the drawbacks and fragilities of a restrictive estimator such as Historical Simulation. We consider distinct specifications for the information sets that produce the ES estimates. The results obtained with simulated and real market data indicate that the proposed approach has good performance, with some distinctions between the specifications.
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Yanjie Bian and Lei Zhang
We conceptualize corporate social capital within the context of Chinese guanxi culture. We assert that the formation and mobilization of corporate social capital are culturally…
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We conceptualize corporate social capital within the context of Chinese guanxi culture. We assert that the formation and mobilization of corporate social capital are culturally and institutionally contextualized. Building upon a relational approach to corporate performance, we examine culture-sensitive properties of Chinese guanxi and compare guanxi social capital with non-guanxi social capital. We then explain why guanxi-based corporate social capital is of growing significance to the Chinese transitional economy in an era of increasing market competition and institutional uncertainty. We conclude by proposing a research agenda about the roles that guanxi-based corporate social capital plays for boosting corporate performance.
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Rapid urbanisation coupled with the increasing impacts from climate change adds numerous challenges to cities and countries. This renders difficulties for devising urban…
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Rapid urbanisation coupled with the increasing impacts from climate change adds numerous challenges to cities and countries. This renders difficulties for devising urban governance models that are resilient, safe and inclusive while preserving what is left of the environment. The issue of regenerating green spaces, while mitigating climate change, with an aim to increase sustainability has been the subject of numerous research studies, but there has been no country that has managed to achieve high levels of commitment and success than that of Singapore. This chapter reviews the approach of Singapore and shares insights on the techniques and key projects that have contributed to the uplifting of its liveability levels.
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Constantin Bratianu, Alexeis Garcia-Perez, Francesca Dal Mas and Denise Bedford
Although the issues related to the motivation of entrepreneurs have been widely studied, there is a less study focussing on the immigrant women’s entrepreneurial motivation under…
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Although the issues related to the motivation of entrepreneurs have been widely studied, there is a less study focussing on the immigrant women’s entrepreneurial motivation under challenging environment such as COVID-19. Existing studies on entrepreneurs’ motivations mainly adapt the concepts that have often been developed in male-dominated paradigm. According to Shmailan (2016), male entrepreneurs focus on making sure costs are under control and are more profit driven. Women seek to make social contributions and want to ensure their quality. Some of the literature suggests that men are inclined to start businesses because of financial considerations and are more likely to be pulled into entrepreneurship. Conversely, women are likely to start business because of lifestyle issues and are more likely to be pushed into self-employment (Clain, 2000; Georgellis & Wall, 2005; Takahashi, Lourenço, Sander, & Souza, 2014).
This chapter focuses on the motivation of immigrant females in developed economies and what makes them continue especially during difficult times such as recent crisis ‘new normal’, COVID-19 pandemic. The study explores the challenges ethnic female entrepreneurs are facing and what motivated them to continue. The study also seeks their responds and strategies during challenging time such as the pandemic. The findings indicate that women often pursuit business opportunities to satisfy social needs, rather than focussing on traditional business outcomes such as growth or profit. The study found a stronger desire to contribute to a society, community and family’s needs among female founders in the UK . The immigrant female entrepreneurs have shown strong resilience during the COVID-19 pandemic crisis.
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Abdelkebir Sahid, Yassine Maleh and Mustapha Belaissaoui
Noel Scott, Brent Moyle, Ana Cláudia Campos, Liubov Skavronskaya and Biqiang Liu