Current Issue : July-September Volume : 2024 Issue Number : 3 Articles : 5 Articles
In this paper, the research is focused on the empirical study regarding the impact of financing policy on the companies’ financial performance from the pharmaceutical sector, in Europe and in the United States of America, considering that these two geographic areas were strongly involved in the supply of medicine, in the COVID-19 pandemic crisis. To identify the most representative determinants of the companies' financial performance, from the financing policy perspective, there were investigated a series of studies from the international literature and there were formulated research hypotheses. The database consists of 466 companies, over a period of 10 years, respectively 2012-2021, cumulating a number of 4660 statistical observations, which are used to estimate multiple regression models, with panel data, unbalanced, linear, with no effects, with fixed effects or with random effects. The dependent variables, according to which the empirical models were estimated, are Return on Assets, Return on Equity and Price Earnings Ratio. The independent variables are represented by long-term indebtedness, short-term indebtedness, net debt, current ratio, effective tax rate, asset tangibility, being also used control variables such as dividend payout ratio and company size, measured by turnover and market capitalization. The results highlight, mainly, the negative influence of indebtedness on Return on Assets and Return on Equity, respectively positive influence on Price Earnings Ratio. Furthermore, the results of the empirical models are interpreted from a statistical and economic point of view, by referring to the hypotheses formulated based on previous studies....
This scholarly paper examines the pioneering approach of the United Kingdom in integrating Artificial Intelligence (AI) within the workplace, particularly through its model of consulting workers. Drawing upon the case studies of Jaguar Land Rover and the Royal Bank of Scotland, the paper explores how this inclusive approach not only enhances productivity and innovation but also ensures ethical alignment and worker satisfaction in the AI-driven workplace. The analysis culminates in recommendations for a global legal framework inspired by the UK model, advocating for inclusivity, transparency, and adaptability in AI deployment. The research methodology adopted for this work primarily involves a qualitative analysis of existing literature and case studies. Sources include academic journals, industry reports, and policy documents, analysed to extract insights into the benefits and challenges of the UK’s consultative approach to AI in workplaces. The paper synthesises these findings to propose a framework for global application. The primary limitation of this study is its reliance on secondary sources, which may not fully capture the breadth of on-ground challenges and nuances in AI implementation across different industries and cultural contexts. Additionally, the rapid evolution of AI technology and its applications means that some insights may quickly become outdated....
Sustainable development is one of the basic requirements of the Scientific Outlook on Development. It is a theory and strategy for the coordinated development of nature, science and technology, economy, and society. As an important province in northwest China, Qinghai has important industries such as energy, tourism, agriculture, and animal husbandry. The field has unique resource advantages, rich in mineral resources and unique natural scenery. As one of the country’s important regional economic development areas, it has made certain achievements in industrial structure adjustment and sustainable development in recent years. However, Qinghai’s economic development is faced with problems such as a single industrial structure, excessive resource dependence, and unreasonable resource utilization. This article mainly analyzes the current status of the industrial structure in Qinghai Province, and discusses the challenges and coping strategies that need to be promoted more actively to adjust industrial structure in order to achieve sustainable economic development....
Environmental pollution has become a major obstacle to China’s sustainable economic development. With China’s emphasis on environmental protection, new green governance models and new environmental technologies are emerging. In the high-quality development process of strengthening environmental protection and practicing the dual-carbon goal, the importance of green corporate governance and technological innovation has become increasingly prominent. Especially in the current economic diversification, enterprises as an important body of social development in the rapid development of the economy and the number of listed companies increasing year by year, the level of green governance directly promotes the performance of enterprises in economic efficiency, market share and social responsibility. This paper combed through the green governance-related research results, using theoretical analysis and case study methods to analyze the relationship between green governance, technological innovation and financial performance of Dongfeng Motor Company. The study shows that green governance promotes enterprise technological innovation from multiple dimensions, and technological innovation enhances the core competitiveness of the enterprise in terms of production and operation and conceptual culture, which ultimately affects the financial performance of the enterprise....
Contemporary studies are now documenting that strategic innovation is crucial for increased organizational sustainability, however, few studies have been done on the effect of strategic innovation practices and organizational sustainability on the framework of fundamental changes in government development plans or economic diversity. A quantitative exploratory study design and analysis was carried out through a survey of 350 plus Saudi employees to explore and study the correlation of strategic innovation practices on organizational sustainability, during the implementation of the Kingdom of Saudi Vision 2030. Findings of this study indicate that strategic innovation is impressively being practiced in the Kingdom of Saudi Arabia during the 2030 vision. The results also ascertained that strategic innovation practices tested in this study are found to be positively related to organizational sustainability during this phase. The research importantly adds to the organizational sustainability and strategic innovation extant literature by clarifying their relationship in an emerging economy during a government structural plan change. This paper offers a irst comprehensive and exhaustive review on the link of strategic innovation and organizational sustainability frameworks in an emerging economy. The paper builds as research on progress, of an empirical study on the synergy between strategic innovative practices and organizational sustainability during an economic diversication process in an emerging economy....
Loading....