Current Issue : October - December Volume : 2020 Issue Number : 4 Articles : 5 Articles
The concept of corporate citizenship has been growing progressively in the business field\nfor decades. Our research has developed a structural equation model to examine the\nprimary factors and their interactions that influence economically motivated administrators\nto observe legal citizenship as an essential element to exhibit an excellent social\nresponsibility position in front of their stakeholders. The four-factor model of Corporate\nCitizenship (CC) proposed by Maignan, Ferrell and Hult, (1999) has been validated,\nsupporting that profit-oriented managers should obey the countryâ??s legal system to create\nsocial acceptance. This study scrutinizes the influence of economic citizenship on legal\ncitizenship utilizing ethical and discretionary citizenship as a mediator. The results\ndemonstrate the direct and indirect positive effect of economic citizenship on legal\ncitizenship. Structural model and regression-based approach by SPSS and PROCESS were\nused to analyze the mediation effect. Empirical testing using a survey of 319 college\nstudents in the area of International Business confirms the effects of the included\nhypotheses. This study discusses theoretical and managerial implications of its findings....
The internet has a tremendous influence on our life in modern society. It not\nonly penetrates many aspects of peopleâ??s daily routines but also brings great\nchanges to the world. This paper utilizes Chinaâ??s economy as an example to\nanalyze how the internet impacts economic development. The relativity between\nthe internet and economy is analyzed through professional models.\nWith the digital revolution of the internet, the development of the market\neconomy will be tightly connected with the internet in the current time and\nfuture....
To achieve high and sustainable economic growth, full employment and stable prices,\ncountries are using macroeconomic policies called; the fiscal and the monetary policies.\nRegarding the effectiveness of these theories, there are two different arguments; monetarists\nand Keynesian. The Keynesians argue that relative to the monetary policies, fiscal policies are\nmore effective in influencing the economy especially during the liquidity trap. However,\nmonetarists argue that money supply is the most significant driver of economic growth by\ninfluencing the households demand for goods, firms production and hence economic growth.\nHence, monetarists believe that monetary policy is more effective than fiscal policy. Having\nthe above contradicting ideas, using the Johansen cointegration approach, this study\nexamined whether the fiscal or the monetary policy is more effective on the economic growth\nof Ethiopia for the period running from 1981 to 2008. The study shows that both fiscal and\nmonetary policies have significantly increased the economic growth of Ethiopia. However,\nrelative to the monetary policies, the fiscal policies are more effective. Finally, the study\nrecommends that policy makers should focus on both policies to enhance the Ethiopian\neconomy....
Based on multi-objective programming method, this paper reviews the previous\nresearch on the problem of government guarantees in the project financing,\nand puts forward the importance of the research on project selection\nof government guarantee in Build-Operate-Transfer (BOT) or Public Private\nPartnership (PPP) project finance. Through the analysis of the selection criteria\nof guarantee project, we find that the selection problem of government\nguarantee of BOT/PPP infrastructure projects is essentially a multi-objective\ndecision problem. Moreover, we establish a chance-constrained objective\nprogramming model for the government to make the decision to guarantee\nproject selection....
In the process of further transferring to the county of the space of economic\nand social development, how to solve the financial predicament at the county\nlevel, stimulate the vitality of county development and improve the peopleâ??s\nlivelihood security system at the county level through the adjustment of the\nfinancial system have become the core content of the financial system reform\nbelow the province level. Finance is a kind of distribution system of â??controlling\nfinance by government and administrating through financeâ? with the\nstate regime system as the main body. It has great significance for the government\nto perform and transform its functions. Financial reform will inevitably\nbecome an important part of the overall reform. Based on the decentralized\nreform mode under the province, this paper investigates the economic\nperformance of the reform of the County Administrated by Province\nand the transmission mechanism of the reform from the two aspects of economic\ngrowth speed and industrial structure adjustment....
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