The relationship between physical capital. human capital and the distribution of turnings is examined empirically using cross-sectional microdata within SklSAs. Comprtrarive advantage in workers and a scale-of-resources effect among firms is predicted to lead to a rel~ti~)n~hip between capital and earnings. The level of earnings is found to be positively related to capital intensity and nrgntiv...

Ecotourism is a viable alternative for the development of regions and countries with a strong natural resource base. Sustainable development involves the compatibility of the growth in the number of tourists and the preservation of ecologically valuable natural resources. This paper focuses on the relationships between environmental degradation and physical capital in the management of natural ...

This paper investigates venture capitalists' monitoring of managerial behaviour by examining their impact on CEO pay-performance sensitivity across various controlling structures in Chinese firms. We find that the effectiveness of venture capitalists' monitoring depends on different types of agency conflict. In particular, we find that venture capital (VC) monitoring is hampered in firms that e...

Natural capital accounting will confirm what we know — without change, are headed for environmental disaster resulting from economic growth. We propose a natural bank, new institution to help maintain adequacy and chart course sustainable future via accounting.

In this paper, we outline a research project to investigate whether and how spiritual capital affects the economic behavior of individuals. We define spiritual capital as a set of intangible objects in the form of rules for interacting with people, nature, and spiritual beings (God, gods, buddhas, angels, evil spirits as believed to exist by individuals and in different religions) and believed ...

The present study was carried out to know the rural livelihood sustainability of suicideprone farmers families of Vidarbha. Total 60 families of suicide victim farmers were selected randomly from 46 villages for this study it covers total 9 Tahsils of 6 distress districts of Vidarbha. The study revealed that the rural livelihood sustainability of majority (83.33%) of the families was found to b...

In-use stock of a product is the amount of the product in active use. In-use product stocks provide various functions or services on which we rely in our daily work and lives, and the concept of in-use product stock for industrial ecologists is similar to the concept of net manufactured capital stock for economists. This study estimates historical physical in-use stocks of 91 products and 9 pro...

Data from a field study of 57 technology firms were used to test relationships among physical, human, and social capital to intellectual capital; intellectual capital, in turn, was linked to firm innovation. The results indicate that a firm’s rate of innovation is a function of the level of intellectual capital, which in turn, is predicted based on the level of physical, human, and social capit...