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The unexpected Eurozone Sovereign Debt Crisis (2010–2012) aroused different attempts of interpretation among analysts and practitioners. While some attributed the crisis to a “contagion” effect of the Subprime Mortgages Financial Crisis in the United States (2007–2009), others saw in it an expression of deeper fundamental economic imbalances.

This chapter presents an evaluation of whether there is convergence or divergence in the sectorial international competitiveness of the Eurozone area countries. A Dynamic Panel Data analysis on country-level exports for all Eurozone members for a period that goes from 1993 to 2014 finds significant evidence of international competitiveness convergence in four- out of 10-export sectors, and no significant evidence of divergence in the rest. While that evidence is not consistent with the high expectations generated by monetary integration more than 15 years ago, those four sectors correspond to high value-added economic activities and, in that sense, indicate a more homogeneous productive modernization process is taking place in the area.

The purpose of this paper is to provide an analysis of the convergence of the social reporting guidelines available in Italy.

The research is based on a documentary analysis of four selected social reporting guidelines provided by Italian institutions or translated in Italian.

The results of the analysis point out that it is possible to identify an isomorphic convergence among the guidelines, though differences remain relevant and express peculiar institutional expectations on the behaviours of different typologies of organizations.

The study is limited to Italian social reporting guidelines; however, it provides a methodology which could be applied in different contexts.

This study identifies the leading and primary issues in social reporting practices across different sectorial and methodological schemes.

The convergence of social reporting guidelines has a twofold implication: on one hand, social accountability is plastic issue, adaptable to different organization sectors and typologies; on the other, a common codification and commodification of social accountability is emerging.

The article proposes a cross-sectorial analysis of social reporting methodologies, to identify analogies, differences and trends of institutionalization and standardization of this process.

The purpose of this paper is to investigate the effect of narrow gap on the fluid flow and heat transfer through an eccentric annular region is numerically. Flow through an eccentric annular geometry is a model problem of practical interest.

The approach involves standard finite volume-based SIMPLE scheme. The numerical simulations cover the practically relevant Reynolds number range of 104-106.

In the narrow gap region, temperature shoot up was observed due to flow maldistribution with an attendant reduction in the heat removal from the wall surfaces. CFD analysis is presented with the aid of, streamlines, isotherms, axial velocity contours, etc. The engineering parameters of interest such as, Nusselt number, wall shear stress, etc., is presented to study the effect of eccentricity and radius ratio.

The present investigation is a simplified model for the rod bundle heat transfer studies. However, the detailed study of sectorial mass flux distribution is a useful precursor to the thermal hydraulics of rod bundles.

For nuclear reactor fuel rods, the effect of eccentricity is going to be detrimental and might lead to the condition of critical heat flux. A thorough sub-channel analysis is very useful.

Nuclear safety standards require answers to a wide a range of what-if type hypothetical scenarios to enable preparedness. This study is a highly simplified model and a first step in that direction.

The narrow gap region has been systematically investigated for the first time. A detailed sectorial analysis reveals that, flow maldistribution and the attendant temperature shoot up in the narrow gap region is detrimental to the safe operation.

The scope of the participation of civil society organizations (CSOs) in providing public services as well as the models and formats of implementing State–CSO partnerships have varied both in sectorial terms and from a historical perspective. The discussion on State–CSO partnerships in service delivery has recently produced many studies, especially related to public management reform agenda, although many ideas based on public governance have appeared in recent years within the Brazilian context. This study features a historical analysis of the State–CSO partnerships in three different areas: AIDS, social assistance, and culture, and seeks to identify the main characteristics of each management model (bureaucratic, managerial, and new public governance), based on an analysis of sectorial norms produced by the federal government to regulate these relationships.

The purpose of this study is to investigate the relationship between the level of sustainability reporting [environmental, social and governance (ESG)] and sectorial energy performance across both developed and emerging economies.

Using data culled from 3,311 observations from 50 different countries over a ten-year period (2008–2017), an ESG-score-derived independent variable is regressed against dependent performance indicator variables (operation ratio, return on equity and Tobin’s Q). Two types of control variables complete the regression analysis in this study: firm-specific and macroeconomic.

The findings of this study elicited from the empirical results demonstrate that there is a significant relationship between ESG and operational performance (operation ratio). However, there is no significant relationship between ESG and financial performance (return on equity) and market performance (Tobin’s Q). However, the relationship between ESG and operation ratio is stronger in emerging than in developed economies.

The model in this study presents a valuable analytical framework for exploring sustainability reporting as a driver of performance across energy sectors in both developed and emerging economies. In addition, this study highlights energy-sectorial managerial implications contrasting developed, as juxtaposed with, emerging economies.

Over recent decades, knowledge transfer processes and knowledge-intensive organizations have been increasingly investigated from several perspectives. Knowledge translation activated by knowledge-intensive organizations is supported by several factors, among which intangible assets play a significant role. Our research mainly investigates the relationship between the knowledge owned by knowledge workers in source organizations and the process of its translation to recipient organizations. Specifically, this paper aims at analyzing knowledge translation and organizational performance in the football industry, uncovering both the role of professional football players' skills transfer and the determinants of achieving positive performance at the organizational level.

A quantitative method is adopted, using both bivariate linear regression analysis and network analysis. Using key aspects of Nakauchi et al.'s (2007) knowledge transfer framework, intra-organizational dynamics are analyzed based on measurements of the performance of professional football players before and after transferring from one club (the source organization) to another (the recipient organization).

Our research results are mainly intended to show the factors that influence knowledge translation in the light of team performance improvement. Our empirical analysis shows the need for the coexistence of a combination of factors, especially the quality of the source and recipient organizations and of the relationship between them, to achieve the transferability of professional football players' capabilities and performance.

The academic community, practitioners and policymakers can draw on the theoretical and practical advances made by the findings to address knowledge translation issues with an improved understanding of its factors and determinants.

Despite some limitations to the study, we identify the factors, determinants and contexts that facilitate the transfer of knowledge and specialist knowledge and thus contribute to the successful operation of contemporary organizations. Moreover, the results of our analysis are applicable to all economic sectors.

The purpose of this paper is to present a granulated governance perspective to face sustainability risks and challenges that our planet is facing. The authors argue that sustainability challenges should be addressed simultaneously at the individual, organizational, sectorial, national and supranational level. Financial institutions have a systemic impact on the economy, and on the functioning of our societies. Therefore, a culture of profit maximization and unbridled risk-taking, notwithstanding the external costs and impacts, contaminates not only the financial system and the economy, but also individual norms of responsibility. In this line of reasoning, the global financial crisis revealed the destabilizing effects on the economy, society and corporations and forms a serious impediment for sustainable business. This is a huge challenge for sustainability business and corporate governance; however, it is an illusion to think that managers can prevent scandals and moral norm deterioration without support from other social players.

This paper offers a conceptual analysis on the past financial crisis (2008-2012). It questions the focus on sustainability at the corporate level, and suggests a more comprehensive method for governance. The authors argue in favour of sustainability implementation, combining different governance levels.

The double-dip financial crisis 2008-2012 showed the failure of an unsustainable global system. It becomes clear that corporate responsibility and corporate governance are limited in their contribution to sustainable business in a sustainable economy. Hence, it is important to have a more integrated approach to address sustainability risks, with a solution at individual, sectorial, national and supranational governance levels.

This contribution advances five different levels of governance to mitigate risks for sustainable business, arguing in favour of integrated governance for sustainability risks. However, an empirical validation of these ideas still needs to be developed. Future empirical research is needed to validate the five levels of governance. Future research is also needed to better grasp the mechanisms in support of governance.

Corporate responsibility and corporate governance are necessary but not sufficient conditions to address the sustainability risks one faces. All actors in the economy recognize that governance for sustainable business in a sustainable economy is a collaborative effort for which neither legislative nor institutional or behavioural norms are developed in an integrated way. They should also recognize that integrated governance is not only imperative for the common good, but also in the direct interest of shareholders and other stakeholders.

This paper contributes to the literature on corporate responsibility and corporate governance with the identification of specific roles for regulators, sector representatives and individuals, which are complementary to the role of the companies in creating the conditions for sustainable business in a sustainable economy.

The purpose of this paper is to analyze the functioning of a non-sanction “soft” gender quota policy structure (a simple recommendation), using the case of Spain. In the first part of the paper, the authors have reported the dismal improvement regarding the increase of female percentage presence in the companies’ boards of members.

The authors provide a detailed sectorial analysis and a classification of board members by type (executive, proprietary, independent and other external). In the second part, the authors exploit the fact that since 2013, the stock-listed companies are legally obliged to respond to a series of questions on gender diversity issues in their annual reports. Using this requirement, the authors perform an analysis using text processing techniques. The authors find that “self-plagiarism” is common in the responses – i.e. they copy responses from previous years – as well as “plagiarism” – i.e. they copy responses from other companies in previous years.

The insufficient progress in respect to the goals of the Law of Equality of 2007 (enacted by Spanish authorities) and the lack of interest that can be inferred from the companies’ responses included in their annual reports lead the authors to consider the necessity of changing the law on the corporate policies gender quotas in Spain.

It is the first study that realizes this type of analysis for Spain.

The purpose of this paper is to decompose the inequities induced by the Nigerian health care financing sources and their effect on the income distribution. Inequities in health care financing sources are of immense policy concern particularly in developing countries such as Nigeria, where high-level income inequality exists, and the cost of medical care is generally financed out-of-pocket (OOP) due to limited access to health insurance.

The Duclos et al. decomposition model provided the theoretical framework for the study. Data were obtained from two waves of the Nigeria General Household Survey (GHS) panel, 2012–13 and 2015–16. The analysis covered 3,999 households in 2012–13 and 4,051 households in 2015–16. Two measures of health care financing: OOP payment and health insurance contribution (HIC) were used. The ability to pay measure was household consumption expenditure.

The major inequity issue induced by the OOP payments was vertical inequity. HICs created the problems of vertical inequity, horizontal inequity and reranking among households. Overall both health care financing options were associated with the worsening of income inequality both at the national and sectorial levels in the country. The operations of the NHIS need to be improved to ensuring improved health care coverage for the poor.

This paper fulfills an identified need to determine the income redistributive effects (REs) of the social health insurance (SHI) contribution at the national, urban and rural locations overtime.

This study investigates the relationship between the level of sustainability reporting and sector's performance (operational, financial and market) in Middle East and North African countries (MENA) region.

Using data culled from 316 observations from seven different sectors located in 11 countries for 10 years (2008–2017), an independent variable derived from environmental, social and governance (ESG) score are regressed against dependent performance indicator variables (return on assets [ROA], return on equity [ROE] and Tobin's Q [TQ]). Two types of control variables complete the regression analysis in this study: firm-specific and macroeconomic.

The findings elicited from the empirical results that there are differences in the impact of sustainability reporting (ESG) on firm's operational performance (ROA), financial performance (ROE) and market performance (TQ) between the sectors in the MENA region.

The model in this study presents a valuable analytical framework for exploring sustainability reporting as a driver of performance in MENA economies. In addition, since this study contributes to the literature of sustainability accounting by a systematic depiction of cross-sectorial ESG reporting, this study establishes a benchmark to guide to firms wishing to adopt sustainability reporting.