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Book part
Publication date: 25 November 2014

Ilaria Beretta

Today three out of four Europeans live in towns and cities. Urban areas are concentrated with most of the environmental challenges facing our society, but also bring together the…

Abstract

Purpose

Today three out of four Europeans live in towns and cities. Urban areas are concentrated with most of the environmental challenges facing our society, but also bring together the commitment and innovation needed to resolve these challenges. The European Commission has long recognised the important role that local authorities play in improving the environment and their high level of commitment to genuine progress; in this regard, it launched the European Green Capital Award (EGCA) in 2009 as an initiative to promote and reward cities making efforts to improve the urban environment and move towards healthier and sustainable living areas. The EGCA is given each year to the city deemed to be most deserving on the basis of 10 environmental parameters: the local contribution to global climate change, local mobility and passenger transport, the availability of local public open areas, the quality of local ambient air, noise pollution, waste production and management, water consumption, waste water treatment, environmentally sustainable management of the local authority and sustainable land use.

Design/methodology

This chapter has been composed on the basis of materials found in the literature and on websites, and thanks to contacts created with some departments of the municipalities considered.

Findings

Stockholm, Hamburg and Copenhagen represent the winning cities in 2010, 2011 and 2014, respectively. This chapter focuses on the successful experiences of these cities, which show how the convergence of the environmental and economic development is important in order to reach sustainable development.

Originality/value

This chapter shows that environmental protection must not be thought of as a cost for our society. On the contrary, it illustrates how it can support economic development in urban contexts if well planned, managed and participated in at a municipal scale.

Details

From Sustainable to Resilient Cities: Global Concerns and Urban Efforts
Type: Book
ISBN: 978-1-78441-058-2

Keywords

Article
Publication date: 24 June 2013

Ma-Lin Song, Youyi Guan and Feng Song

This paper aims to estimate the values of environmental efficiency of each province in China. Subsequently, it analyzes the changes of total factor productivity (TFP) before and

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Abstract

Purpose

This paper aims to estimate the values of environmental efficiency of each province in China. Subsequently, it analyzes the changes of total factor productivity (TFP) before and after taking the environmental factors into account. Finally, the paper measures the effect of the components of environmental TFP on the convergence of economic growth.

Design/methodology/approach

The environmental control variables are taken as output variables and combined with a traditional data envelopment analysis model to build an environmental TFP Index. The growth of environmental TFP is compared among regions and the differences are analyzed. Furthermore, the decomposed components (advances in environmental technology and environmental technical efficiency) are used for regression analysis with labor productivity.

Findings

The environmental efficiency of most provinces in China has improved although some regions' efficiency remains low in Northeastern China. The value of environmental TFP is higher and more fluctuant during the period of 1997-2009 than that of traditional TFP. Technical efficiency has a convergence effect on economic growth of regions/provinces, but, after adding environmental factors, it turns into a divergence effect.

Research limitations/implications

Because of data limitations, this paper does not consider the impacts of human capital and other factors on in the convergence analysis on economic. Neither does it consider the use of panel data to analyze the convergence of economic growth and validate the conclusions. These are potential further research directions.

Practical implications

The study confirms that improvements in environmental technologies play a dominant role in enhancing China's environmental TFP. Furthermore, it demonstrates that China's economic growth largely depends on technological progress. This finding, that China's economic growth depends on advances in environmental technology, implies that China should strive to improve its capacity for technological innovation.

Originality/value

The paper measures the value of environmental efficiency in the China's provinces and analyzes the relationship between pollution and economic development in each province. Panel data are used to compare the difference among environmental TFP, environmental factors and traditional TFP. The convergence of economic growth is analyzed in respect of environmental control variables.

Article
Publication date: 1 April 2003

Georgios I. Zekos

Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some…

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Abstract

Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some legal aspects concerning MNEs, cyberspace and e‐commerce as the means of expression of the digital economy. The whole effort of the author is focused on the examination of various aspects of MNEs and their impact upon globalisation and vice versa and how and if we are moving towards a global digital economy.

Details

Managerial Law, vol. 45 no. 1/2
Type: Research Article
ISSN: 0309-0558

Keywords

Article
Publication date: 7 January 2014

A.K.M. Nurul Hossain and Mohammad Abdul Munim Joarder

The authors considered three regional trading agreements (RTAs): European Union (EU-25), ASEAN Free Trade Area (AFTA), and South Asian Free Trade Area (SAFTA) to test the…

Abstract

Purpose

The authors considered three regional trading agreements (RTAs): European Union (EU-25), ASEAN Free Trade Area (AFTA), and South Asian Free Trade Area (SAFTA) to test the hypothesis that poor members within a RTA catch rich members and thereby follow the path of income convergence. Of particular interest is to test whether partial openness (i.e. formation of RTAs) or openness or political conditions are conducive to economic growth among the member countries of RTAs. The paper aims to discuss these issues.

Design/methodology/approach

The authors used pooled datasets from three different RTAs, namely the EU-25, the AFTA, and the SAFTA. Taking five years average for all variables, starting from 1961 to 1965 and extending to 2001-2005, the authors tested the hypothesis that the growth rate of per capita GDP is negatively related to the initial level of per capita GDP. Constructing a dynamic behavioral equation and forming the reduced form equation, the authors calculated the s-convergence, and both conditional and unconditional convergence.

Findings

The authors found that both the EU-25 and the AFTA exhibit s-convergence, and both conditional and unconditional convergence, while the reverse evidence was observed in the case of the SAFTA. However, the speed of convergence of the AFTA was found to be much higher than that of the EU-25.

Originality/value

Formation of RTA by countries should be considered as an essential condition to achieve sustained economic growth. In addition, political rights, trade openness, and more importantly benevolence of the member countries within the RTA must be shown to sustain economic growth and convergence; otherwise with the passage of time, divergence among the RTA members will be evident.

Details

Journal of Economic Studies, vol. 41 no. 1
Type: Research Article
ISSN: 0144-3585

Keywords

Open Access
Article
Publication date: 27 January 2023

Alex Almici

This paper aims to verify whether the integration of sustainability in executive compensation positively affects firms’ non-financial performance and whether corporate governance…

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Abstract

Purpose

This paper aims to verify whether the integration of sustainability in executive compensation positively affects firms’ non-financial performance and whether corporate governance characteristics enhance the relationship between sustainability compensation and firms’ non-financial performance and to expand the domain of the impact of sustainability on non-financial performance.

Design/methodology/approach

This analysis is based on a sample of companies listed on the Milan Italian Stock Exchange from the Financial Times Milan Stock Exchange Index over the 2016–2020 period. Regression analysis was used by using data retrieved from the Refinitiv Eikon database and the sample firms’ remuneration reports.

Findings

The findings of this paper show that embedding sustainability in executive compensation positively affects firms’ non-financial performance. The results of this paper also reveal that specific corporate governance features can improve the impact of sustainability on non-financial performance.

Research limitations/implications

This analysis is limited to Italian firms included in the Financial Times Milan Stock Exchange Index; however, the findings are highly significant.

Practical implications

The findings provide regulators with useful insights for considering the integration of sustainability goals into executive remuneration. Another implication is that policymakers should require – at least – listed firms to fulfil specific corporate governance structural requirements. Finally, the findings can provide investors and financial analysts with a greater awareness of the role played by executive remuneration in the long-term value-creation process.

Originality/value

This paper contributes to addressing the relationship among sustainability, remuneration and non-financial disclosure, drawing on the stakeholder–agency theoretical framework and focusing on Italian firms. This issue has received limited attention with controversial results in the literature.

Details

Meditari Accountancy Research, vol. 31 no. 7
Type: Research Article
ISSN: 2049-372X

Keywords

Book part
Publication date: 3 December 2014

Bernhard Freyer and Jim Bingen

In this chapter we discuss the dynamics of convergence-divergence between organic and non-organic farming systems. We are specifically interested in how and in what ways organic…

Abstract

In this chapter we discuss the dynamics of convergence-divergence between organic and non-organic farming systems. We are specifically interested in how and in what ways organic systems emerge into a new system that synthesizes the diverse qualities of competing systems. Or, will these systems continue to diverge because of their path dependencies and contradictory, unresolvable logics? Alternatively, are we confronted with conversion? Following a discussion of the origin of organic agriculture and the IFOAM Principles, we explore differentiation of two agricultural paradigms that was developed more than 20 years ago before the rise of GMOs. This comparison identifies the key features of both systems and a first interpretation on the potential of convergence-divergence. Third, we take a macro-look at agro-food chain that offers insights on the convergence-divergence potential in the context of global, economic, market, political, and societal dynamics. Fourth, we discuss convergence-divergence at the production level comparing the four agricultural systems. Finally, we reflect and assess on the explanatory potential of our study for the future development of organic and non-organic agriculture/farming. We conclude that there is more evidence for conversion than for convergence.

Details

Alternative Agrifood Movements: Patterns of Convergence and Divergence
Type: Book
ISBN: 978-1-78441-089-6

Book part
Publication date: 3 December 2014

Douglas H. Constance, William H. Friedland, Marie-Christine Renard and Marta G. Rivera-Ferre

This introduction provides an overview of the discourse on alternative agrifood movements (AAMs) to (1) ascertain the degree of convergence and divergence around a common ethos of…

Abstract

This introduction provides an overview of the discourse on alternative agrifood movements (AAMs) to (1) ascertain the degree of convergence and divergence around a common ethos of alterity and (2) context the chapters of the book. AAMs have increased in recent years in response to the growing legitimation crisis of the conventional agrifood system. Some agrifood researchers argue that AAMs represent the vanguard movement of our time, a formidable counter movement to global capitalism. Other authors note a pattern of blunting of the transformative qualities of AAMs due to conventionalization and mainstreaming in the market. The literature on AAMs is organized following a Four Questions in Agrifood Studies (Constance, 2008) framework. The section for each Question ends with a case study to better illustrate the historical dynamics of an AAM. The literature review ends with a summary of the discourse applied to the research question of the book: Are AAMs the vanguard social movement of our time? The last section of this introduction provides a short description of each contributing chapter of the book, which is divided into five sections: Introduction; Theoretical and Conceptual Framings; Food Sovereignty Movements; Alternative Movements in the Global North; and Conclusions.

Details

Alternative Agrifood Movements: Patterns of Convergence and Divergence
Type: Book
ISBN: 978-1-78441-089-6

Article
Publication date: 3 October 2008

Jacob Park

The purpose of this paper is to argue that, despite the attention given to China's rising importance in the international marketplace, there has not been a corresponding attention…

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Abstract

Purpose

The purpose of this paper is to argue that, despite the attention given to China's rising importance in the international marketplace, there has not been a corresponding attention given to the sustainability dimensions i.e. social and environmental dimensions of this economic development trajectory. Specifically, what type of business strategy can and will best serve the economic, environmental and social needs of China, and what role if any can the private sector play facilitating the development of such a strategy?

Design/methodology/approach

The paper first examines the evolving relationship between business and sustainable development. Second, the sustainability challenge within the regional context in the Asia‐Pacific region is outlined. Third, the sustainability challenges posed by China's rise in the global economy are analyzed and the impacts of these challenges on current and future business strategies examined. Findings.– In order to fully understand the strategic convergence between China, business and sustainability concerns, it is important to understand the evolving relationship between business and sustainable development as well as the sustainability challenge within the regional context in the Asia‐Pacific region, and assess the impacts of these issues on current and future business strategies in China.

Research limitations/implications

The next step for research will be to explore if the new sustainable business models can be designed and implemented which are suitable to the market reality of China's economy.

Originality/value

The value of this paper is to seek new ideas for business strategy and new venture creation that incorporates a triple bottom line (economic, environment and social) perspective.

Details

Management Research News, vol. 31 no. 12
Type: Research Article
ISSN: 0140-9174

Keywords

Article
Publication date: 18 May 2015

Jehad S. Aldehayyat

This study aims to analyse the environmental scanning and information sources used by Jordanian firms. Furthermore, the relationship between environmental scanning and

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Abstract

Purpose

This study aims to analyse the environmental scanning and information sources used by Jordanian firms. Furthermore, the relationship between environmental scanning and organisational characteristics (firm size and industry type), as well as organisational performance, is explored.

Design/methodology/approach

The empirical research was coordinated via a survey of 190 Jordanian publicly quoted firms. The results of the survey provided a rich source of data in relation to a variety of practices associated with environmental scanning in these firms.

Findings

The findings of this study show that scanning focus was higher for the general environmental sectors than the task environmental sectors. The results also demonstrate that these firms rely more on internal sources of information. Larger firms have more scanning activities, while smaller firms tend to focus on different sources of information. Additionally, some differences in the industry sector in terms of scanning behaviour were identified. This study also supports the literature regarding the positive relationship between environment scanning and organisational performance by providing new empirical evidence from the context of Middle East countries.

Originality/value

This paper provides empirical evidence on the nature and the practice of environmental scanning and its value for organisational performance in business firms in a Middle East context. From a theoretical perspective, this study engages in the “convergence versus divergence” debate regarding managers’ scanning behaviour around the world.

Details

Management Research Review, vol. 38 no. 5
Type: Research Article
ISSN: 2040-8269

Keywords

Article
Publication date: 5 April 2022

Wenyue Cui, Jie Tang, Zhipeng Zhang and Xin Dai

Innovation convergence is critical to national or regional economic growth patterns. This article provides a systematic review of innovation convergence research through…

Abstract

Purpose

Innovation convergence is critical to national or regional economic growth patterns. This article provides a systematic review of innovation convergence research through qualitative discussions combined with bibliometric methods. Through this article, researchers interested in the field of innovation convergence can quickly understand the development of the field, quickly identify authors and publications with significant impact, and collaborative networks in the field.

Design/methodology/approach

This article is based on the relevant literature included in the WOS database from 1990 to 2021, using Citespace, Gephi and other software to conduct a systematic bibliometric analysis of the research in the new convergence field.

Findings

This research shows that the second half of the twentieth century was a boom period for research on economic convergence. 2. The subject foundation of innovation convergence research mainly includes mathematics, economics, political science and computational science. 3. The journals that publish research in this field are widely distributed, including the fields of economics, natural sciences and complex sciences. 4. The research in the field of innovation convergence is inseparable from the research in the field of economic growth.

Originality/value

This study may help others to understand the development history and research trends of the innovation convergence field, as well as the literature and cooperative scientific research institutions that have an important influence.

Details

Library Hi Tech, vol. 41 no. 2
Type: Research Article
ISSN: 0737-8831

Keywords

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