The Collective Resource Approach is an innovative Scandinavian approach to the design and implementation of new technologies in the work place. It attempts to empower trade unions and workers at the local level by exploiting the needs of the highly integrated Scandinavian economies to constantly improve their technology. In this paper we discuss the practical impact of the CRA in Scandinavia an...

Due to increasingly noticeable environmental impacts of business activities and consequently rising demands for environmental information by organizational stakeholders, reliable sustainability reporting (SR) is ever more important for firms. As the task of detailed sustainability reporting is complex and involves gathering and processing of a considerable amount of data, green information syst...

The role of banking and finance in the Golden Age of European growth (1950-1973) is very little known and widely underestimated. This paper studies the French system of economic planning and investment-based strategy that enhanced medium and long-term financing (called “investment credit” at that time). First, I describe the new institutions that were built after WWII to organize credit allocat...

Research on credit risk management systems in Indonesia commercial banks beyond moderating contingency variables such as competitive strategy, corporate culture, external environment and organizational structure has never been done. The research objectives are: (1) to analyze the influence of contingency variables (competitive strategy, corporate culture, external environment and organizational...

This paper analyzes the relation between the quality of the legal enforcement of loan contracts and the allocation of credit to households, both theoretically and empirically. We use a model of household credit market with secured debt contracts, where the judicial system affects the cost incurred by banks to actually repossess the collateral. The model shows that the working of the judicial sy...

The importance of adequately modeling credit risk has once again been highlighted in the recent financial crisis. Defaults tend to cluster around times of economic stress due to poor macro-economic conditions, but also by directly triggering each other through contagion. Although credit default swaps have radically altered the dynamics of contagion for more than a decade, models quantifying the...

This paper describes a new system of tax credits to help low-income workers pay for health insurance. The system would be designed to subsidize health insurance coverage for workers who are currently uninsured, or who pay high premiums for nongroup insurance. Anyone age 19 or older who is not covered by Medicaid, Medicare, or employer-sponsored health insurance would be eligible for a health in...

Financial credit risk assessment has gained a great deal of attention. Many different parties have an interest in credit risk assessment. Banking authorities are interested because it helps them to determine the overall strength of the banking system and its ability to handle adverse conditions. Due to the importance of credit risk analysis, many methods were widely applied to credit risk measu...

The Taylor rule establishes a simple linear relation between the interest rate, inflation and output gap. However, this relation may not be so simple. To get a deeper understanding of central banks’ behaviour, this paper asks whether central banks are indeed following a linear Taylor rule or, instead, a nonlinear rule. At the same time, it also analyses whether that rule can be augmented with a...

To exploit someone is to manipulate them selfishly or unethically, often against their own interests. In the computing world, the word takes on a double meaning: to utilize a flaw or hidden opening to take unauthorized control of a computing system. Exploitation of both forms can occur via computers in the digital age, for both beneficial and detrimental causes: from stealing credit card number...