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Purpose: This study aimed to analyze the relationship between executive remuneration and the economic-financial and socio-environmental performance of publicly traded Brazilian companies. Methodology: The study sample comprises companies in the Brazil Index 50 (IBrX-50), portfolio from May to August 2020. After exclusions, the final survey sample is composed of 34 companies, with a total of 68 observations and the period of analysis was the years 2018 and 2019. Data were collected manually in the Reference Form, item 13 and on the website of each company. For data analysis, statistical techniques were used, such as descriptive, correlations and multiple linear regressions. Results: For model 1, the Return on Equity (ROE) and Business Sustainability Index (ISE) variables showed significant and negative relationships with the RTM, indicating that the higher the ROE of the companies, the lower the Average Total Compensation (RTM). Also, the variable ENVID showed a significant and positive relationship, where the higher the company's Total Debt (ENDIV), the higher the RTM. For model 2 of Fixed Compensation (RF), the ROE also presented a significant and negative relationship. The Earnings per Share (LPA) and ENDIV variables showed a significant and positive relationship, indicating that higher values in these variables will increase the RF given to executives. Contributions of the Study: This study contributes to the literature on compensation and performance by adding social and environmental variables to the theoretical and practical framework through the interconnection of executive compensation. Thus, it was possible to understand new relationships between traditional economic-financial and socio-environmental factors, while good communication and good governance practices with stakeholders present positive results for the organization. [ABSTRACT FROM AUTHOR]

The present paper is an attempt to study the economic performance of a reinvented pen culture technology popularized under the brand name Reservoir Fish Framing (RFF) introduced by the Directorate of Fisheries, Jharkhand in Kake Reservoir in Ranchi through a cooperative management approach. The results revealed that RFF in the Kake reservoir was moderately capital intensive with Rs.13.66 lakh of total investment in fixed inventories. It was further observed that the establishment of an onsite portable hatchery to enable an uninterrupted supply of fish seed captured the major chunk of the investment of about 43.92 per cent with Rs. 6 lakh. The cost of production investigation adopting the cost concept approach showed that Cost A1 accounts for about 91.88 per cent with Rs. 67,629/ha/annum and feed cost was found to be a single major input factor with 50.72 per cent (Rs. 37,333/ha/annum) of the total cost of production which was estimated to be Rs. 73610/ha/ annum. The rate of return over different costs revealed that RFF at Kake reservoir was economically sound with gross and net income of Rs.8.24 and Rs.5.42 lakh/ha/annum, respectively. Hence, it can be concluded that RFF at Kake reservoir under cooperative management approach was economically feasible, which was also vindicated by high return per rupee investment which was estimated to be Rs. 11.20. Therefore, the study concludes that RFF model at Kake reservoir has a high potential to be a key technological intervention approach in reservoirs management having high prospects in economically empowering the marginalized communities dependent on reservoirs and recommends its replication in other reservoirs of the country. [ABSTRACT FROM AUTHOR]

The aim of this article is to analyze the economic and financial performance of Slovenian enterprises, as a European Union (EU) member state case study. A favorable economic and financial performance is crucial for long-term sustainable enterprise growth and survival. Eight economic and financial performance indicators are used to evaluate the sustainability in the growth of enterprises: seven of them are financial indicators--assets, revenues from sales, equity, net profits, operating efficiency, return on equity, and value added per employee--while the eighth variable is the economic indicator for the number of employees. A distinction is made between enterprises that did and that did not receive subsidies from national and EU funds. Three enterprise-level data sources are combined in the empirical analysis: balance sheet data from enterprise accounts, own surveys data, and government data on public subsidies to enterprises. The mean values and standard deviations of economic and financial indicators based on balance sheet data for the years in two financial periods are estimated. The summary statistics for economic and financial indicators and correlation analysis are conducted and the results of the economic and financial indicators are compared using the parametric paired sample two-tailed t-test that allows comparison between the enterprises in the two financial periods. An increase in the economic and financial indicators is investigated by comparing the enterprises that did receive subsidies with the enterprises that did not receive subsidies in the two financial periods. The empirical results confirm that the value added per employee is the only financial indicator where a positive link is found between the financial indicator and subsidies. The results suggest that subsidies can be important for cash flow into enterprises, but entrepreneurial activities are crucial for favorable economic and financial performance and long-term sustainable growth in a competitive market environment. [ABSTRACT FROM AUTHOR]