That MNCs communicate concern for the natural environment in order to suggest that they are operating in an environmentally responsible manner to stakeholders is well known (Deegan, Rankin & Tobin, 2002). Communicating concern for the natural environment has been shown to reduce NGO and government scrutiny (Delmas, 2001) and influence stock price (Bansal & Roth, 2000). Research has also suggest...

http://dx.doi.org/10.1016/j.carbon.2014.07.069 0008-6223/ 2014 Elsevier Ltd. All rights reserved. * Corresponding authors. E-mail addresses: [email protected] (H.D. Espinosa), [email protected] (G.C. Schatz), stn@northw (S.T. Nguyen). 1 These authors contributed equally to this work. 2 Current address: Department of Mechanical and Industrial Engineering, University of Toronto...

Controls on short-term capital inflows or panic-driven capital outflows may benefit emerging markets with fragile financial sectors and adjustable-peg currency regimes. However, the controls seen so far are relatively easy to evade, often complex and obscure, and supported by large corruptible bureaucracies. A tax on foreign-exchange payments avoids these drawbacks. It is transparent, inexpensi...

The Kenyan manufacturing sector’s contribution to the economy has been declining. It stagnated at 10% of gross domestic product (GDP), contributing an average from 1964-1973 and marginally increased 13.6% 1990-2007 below in recent years further dropping 8.4% 2017 7.1% 2020 ultimately hitting its lowest 2022 7.2%. government renewed efforts revive sector grow GDP 20% by 2030. Asset tangibility i...

This paper analyses two reasons why inflation may interfere with price adjustment so as to create inefficiencies in resource allocation at low rates of inflation. The first argument is that the higher the rate of inflation the lower the likelihood that downward nominal rigidities are binding (the Tobin argument) which implies a non-linear Phillips-curve. The second argument is that low inflatio...