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The aim of this paper is to analyze the relationship between economic and social performance in an organizational context. We perform a meta-analysis to test this relationship and to examine the influence of the measurement criteria and organizational characteristics, such as activity, social orientation, technology and cultural environment. We find 678 effect sizes in 83 papers. Our results reveal a positive relationship between economic and social performance, although differences in the sign are detected depending on the measurement instrument and the type of organization. [ABSTRACT FROM AUTHOR]

The problem of designing a trade mechanism (for an indivisible good) between a seller and a buyer is studied in the setting of discrete valuations of both parties using tools of finite-dimensional optimization. A robust trade design is defined as one which allows both traders a dominant strategy implementation independent of other traders’ valuations with participation incentive and no intermediary (i.e., under budget balance). The design problem which is initially formulated as a mixed-integer non-linear non-convex feasibility problem is transformed into a linear integer feasibility problem by duality arguments, and its explicit solution corresponding to posted price optimal mechanisms is derived along with full characterization of the convex hull of integer solutions. A further robustness concept is then introduced for a central planner unsure about the buyer or seller valuation distribution, a corresponding worst-case design problem over a set of possible distributions is formulated as an integer linear programming problem, and a polynomial solution procedure is given. When budget balance requirement is relaxed to feasibility only, i.e., when one allows an intermediary maximizing the expected surplus from trade, a characterization of the optimal robust trade as the solution of a simple linear program is given. A modified VCG mechanism turns out to be optimal. [ABSTRACT FROM AUTHOR]

This paper explores and discusses the various meanings of the stewardship concept in the field of sustainability science. We highlight the increasing differences between alternative approaches to stewardship and propose a typology to enable scientists and practitioners to more precisely identify the basis and objectives of the concept of stewardship. We first present the two dimensions we used to map the diversity of stances concerning stewardship. Second, we analyse these positions in relation to the limits of the systemic approach, ideological manipulation, responsibility, and solidarity. In the final section we explain how the concept of ecological solidarity, a core principal in recent French law on biodiversity conservation and national park governance can contribute to the underpinning of a specific form of social-ecological stewardship. [ABSTRACT FROM AUTHOR]

For statistical learning, categorical variables in a table are usually considered as discrete entities and encoded separately to feature vectors, e.g., with one-hot encoding. “Dirty” non-curated data give rise to categorical variables with a very high cardinality but redundancy: several categories reflect the same entity. In databases, this issue is typically solved with a deduplication step. We show that a simple approach that exposes the redundancy to the learning algorithm brings significant gains. We study a generalization of one-hot encoding, similarity encoding, that builds feature vectors from similarities across categories. We perform a thorough empirical validation on non-curated tables, a problem seldom studied in machine learning. Results on seven real-world datasets show that similarity encoding brings significant gains in predictive performance in comparison with known encoding methods for categories or strings, notably one-hot encoding and bag of character n-grams. We draw practical recommendations for encoding dirty categories: 3-gram similarity appears to be a good choice to capture morphological resemblance. For very high-cardinalities, dimensionality reduction significantly reduces the computational cost with little loss in performance: random projections or choosing a subset of prototype categories still outperform classic encoding approaches. [ABSTRACT FROM AUTHOR]

While the analysis of inequality has been central to economic studies for centuries, it was only in recent years that studies have concentrated on the distinction between inequality of opportunity and inequality of returns to effort and have attempted empirical estimates of the two components. The decomposition of a general inequality index into these two components allows to analyse the prevalence of fair or unfair income inequality within a country. This paper suggests to test the differences between the two sources of inequality in a simple way using the ANOVA framework adapted to decompose the coefficient of variation, to better suit the requirements of an inequality index. The proposed procedure is applied to the Italian Survey on Income and Living Condition (IT-SILC data, wave 2005 and 2011). The empirical results help identifying the circumstances that foster the rise of inequality of opportunities in Italy. Our analysis shows, in particular, that father education, region of residence and gender result as the most relevant circumstances determining inequality of opportunity. On the other side, the role of mother education starting from a lower level as an inequality of opportunity factor has increased its influence over time. [ABSTRACT FROM AUTHOR]

Public policies on fire in forest ecosystems are changing from fire-fighting and suppression to an integrated management approach that incorporates ecological and social considerations. However, policy implementation is usually directed by central governments without considering local actors. We identified key local actors in the Monarch Butterfly Biosphere Reserve, Mexico. This is an important natural protected area of high socio-environmental complexity and the overwintering sites of monarch butterfly that migrate from Canada and United States every year. We applied network and grounded theories to analyze qualitative information derived from semi-structured interviews with 28 key local actors including government employees, local inhabitants, non-governmental organization and academic personnel. We identified actors who play essential roles in local fire management. Aside from fire-fighting, local actors engage in fire prevention, habitat restoration, research, training, planning, coordination, and communication activities that are specific to a spatial, temporal, institutional, and environmental context of fire management. The incorporation of the concepts that local actors associate with fire knowledge, behavior, and regimes would result in better planning for fire management in the short, medium, and long-term. [ABSTRACT FROM AUTHOR]

This study examined factors associated with mental health services (MHS) use by individuals with mental disorders within a developmental perspective of adulthood. Bivariate and multivariate analyses were conducted separately for each developmental stage on independent variables using the Andersen's behavioral health service model. For 18-29-year-old emerging adults (n = 141), autonomy, daily life/relations, Internet searching, alcohol dependence, cognitive impulsiveness, number of stressful events, and self-harm were associated with MHS use. For 30-49-year olds (n = 292), being female, country of origin, being on welfare, social integration, Internet searching, and number of stressful events were associated with MHS use. For 50-64-year-old middle-aged adults (n = 126), current occupation was associated with MHS use. Developing online resources for emerging adults may increase MHS use. For 30-49-year olds, outreach should target male, immigrants, and individuals less socially integrated and on welfare. For middle-aged adults, workplace programs that reduce stigma and offer psychological help could increase MHS use. [ABSTRACT FROM AUTHOR]

This paper identifies patterns of cross-sectional and temporal price dispersion—in the Spanish online grocery retail market—and evaluates the extent to which search costs and chain heterogeneity explain such dispersion. We build a data set comprising 836,074 prices for the most popular grocery products sold online by Spanish national chains at different locations. Our results show that price dispersion is still present (albeit to a lesser extent) even after controlling for chain heterogeneity and that it persists over time. We structurally estimate search costs distributions for two different baskets of goods using price data while accounting for vertical product differentiation. The analysis suggests that the extent of search is low. According to our estimates more than two thirds of consumers do not compare prices among supermarkets. We also find that more frequently purchased products have lower search cost and also lower price-cost margins. [ABSTRACT FROM AUTHOR]

Purpose: Social life cycle assessment (S-LCA) applications have been growing during the last years. Most of the scientific articles published so far have addressed the applicability of S-LCA, focusing on selecting suitable indicators, and only recently, the developments in the area of impact pathway are increasing. However, a critical analysis of how to set an S-LCA study, in particular the goal and scope and inventory phase, is missing. This article critically analyses the most important elements affecting the goal and scope and inventory phase of S-LCA, with a focus on the automotive sector, with the ultimate goal of developing a structured approach to guide practitioners in the critical application of S-LCA.Methods: The literature review covers 67 publications from 2006 to 2015, including all the case studies published so far, to the best knowledge of the authors, in several sectors and the automotive one. The reviewed works have been structured along the key elements affecting the goal and scope and inventory phases of the S-LCA.Results and discussion: The methodological and practical issues affecting S-LCA have been organized into a conceptual map, in which all the elements are sequentially placed. This sequence is an orderly procedure consisting of several nodes representing crucial points where a decision needs to be taken or a further reflection is necessary. The case studies of the automotive sector and the corporate-related documents have been used also for the discussion of the conceptual map nodes to identify which aspects are already covered by the literature and which ones need further research.Conclusions: Facing the inventory phase of S-LCA needs also to set specific elements of the goal and scope phase which are fundamental for approaching coherently the product system at hand and for supporting the selection of stakeholders, indicators, and data. Moreover, in order to foster S-LCA applications and make it a robust decision-support tool, the authors suggest to re-define its framework and approach according to the organizational perspective, as laid down in the recent Organisation Environmental Footprint and Organizational LCA. This implies that social aspects will be evaluated both in relation to the organization behavior and to the basket of products, thus reconciling the need to keep together the conduct-of-a-company perspective, typical of social evaluations, and the product-oriented approach, inherent to the life cycle and in particular to the functional unit concept. [ABSTRACT FROM AUTHOR]

Through an extensive literature review, including scientific publications and organizational reports of food processing companies, our main goal in this paper is to identify the trajectory of the food industry and processing technology from its birth in the nineteenth century to the present time. In this paper, the following questions are addressed: How have we got here? And where are we going? In essence, this review perceives three main paradigm shifts in the food industry, supported by four main knowledge development cycles of Food Science and Technology. Furthermore, this paper also surmises that we are now at the most challenging moment considering the two centuries of history of the food industry. Despite an unquestionable technological development, while ensuring the scale production of microbiologically safe, nutritious, and appealing foods, the industry has apparently not effectively engaged its stakeholders. Particularly, the industry needs to improve its approach towards the consumer. The contemporary challenging situation outside the box urges the development of new processes and technologies considering present-day consumption drivers associated with processed food. This is important for the industry to reinvent itself so as to understand that more than creating textures, the opportunity is also to preserve and enhance attributes derived from the raw material and from the relationships established throughout the value chain in which it operates. [ABSTRACT FROM AUTHOR]

Applied welfare analyses of redistributive systems nowadays benefit from powerful tax-benefit microsimulation programs combined with administrative data. Arguably, most of the distributional studies of that kind focus on social welfare defined as a function - typically inequality or poverty indices - of household equivalized income. In parallel, economic research has made considerable progress in the measurement of welfare along several dimensions. Distinct but related branches of the literature have attempted (i) to model different behavior (in a way that matter for incidence and redistribution of tax-benefit policies), (ii) to go beyond income, (iii) to better define and estimate equivalence scales, (iv) to open the household black box and measure welfare at the individual level. I suggest a general framework to critically review these streams of literatures and to discuss whether recent advances in each of these fields have been or could be readily operationalized in welfare analyses and policy simulations. [ABSTRACT FROM AUTHOR]

The commercialization of microfinance brings formal financial institutions into the microfinance landscape, yet little is known about the forces that lead to this phenomenon. This paper is the first dedicated to this topic using a hand-collected dataset of 112 institutions from 34 countries covering the period from 2008 to 2012. Based on institutional theory and resource-based argument, we empirically assess the effects of institutional environment factors, including regulative, normative, and cognitive elements, as well as resource-based factors, including practice model and multinational diversity, on the intensity of engagements. To do so, we define the roles as capital-related, product-related, and service delivery, and calculate engagement intensity using a scoring method which reflects an organization's extent of presence in the microfinance value chain. The analysis takes the engaging location (domestic or overseas) and engaging model (connected or unconnected to core business) into account. We find that the two logics together can explain such involvement. Legal compliance is identified as most relevant for domestic players, while resource-based factors are more relevant for overseas players. In addition to regression analysis, many cases are identified to support the arguments. [ABSTRACT FROM AUTHOR]

Cultural diversity is an increasingly important phenomenon that affects not only social and political harmony but also the cohesion and efficiency of organisations. The problems that firms have with regard to managing cultural diversity have been abundantly studied in recent decades from the perspectives of management theory and moral philosophy, but there are still open questions that require deeper reflection and broader empirical analysis. Managing cultural diversity in organisations is of prime importance because it involves harmonising different values, beliefs, credos and customs, and, in essence, human identity. Taking into consideration these cultural differences and harmonising them is a human rights issue (UNDP, Cultural liberty in today's diverse world, 2004) and a central dimension of corporate social responsibility. Here we are going to focus on theoretical reflection about the ideas that lie behind corporate policies and organisational initiatives that deal with cultural diversity. The aim of our paper is twofold: to present a critical reflection on the ideology of tolerance, and propose an ideology of respect for dealing with cultural diversity. We start by presenting the plurality of interpretations of the concept of ideology, and justify its applicability to the field of cultural diversity. We then reflect on the differences between 'tolerance' and 'respect' and identifying the practical implications for managing cultural diversity. And finally, we propose a culture of respect that goes beyond tolerance and complements and legitimizes the 'business case' perspective for managing cultural diversity in companies. The ideology of respect is based on the Kantian tradition and on the discursive approach where rational dialogue and argumentation are considered the legitimate process for creating a culture of intercultural respect. From this theoretical discussion of the key philosophical concepts we can suggest some general principles for managing cultural diversity in organisations. [ABSTRACT FROM AUTHOR]

Since its inception, green criminology has attempted to highlight instances of environmental degradation and destruction, as well as examine and analyse the causes thereof and contemplate the responses thereto. Efforts to reduce environmental crime and curb environmental harm, more generally, have not gone unimpeded, however. Activists around the world are being killed in record numbers trying to defend their land and protect the environment. In this article, I consider the role of socially engaged scholars who reject the idea or ideology of 'neutral scientists' in light of the risks faced by environmental defenders. As such, this article replies to the claims that activism and the production of knowledge must be clearly separated. To do so, this article draws upon examples from Latin America to underscore the importance of an 'activist criminology' (Belknap in Criminology 53(1):1-22. doi:, 2015) attuned to environmental harms and injustices perpetrated on those seeking to prevent the despoliation of the Earth. [ABSTRACT FROM AUTHOR]

Youth problem gambling is viewed as an emergent public health issue in many countries, and is also an emerging area of public concern in Portugal. However, there is currently no Portuguese instrument that focuses specifically on the measurement of problem gambling among young people. Consequently, the present study aimed to validate the DSM-IV-MR-J for use among Portuguese adolescents and to examine its' psychometric properties. A cross-cultural adaption of this instrument to the Portuguese language was performed using the translation and back translation method. The final version of the instrument was administered to 753 Portuguese high school and first year college students. The findings revealed an acceptable internal reliability and replicated the one-factor structure of this scale. Based on these findings, the Portuguese DSM-IV-MR-J appears to be a valid and reliable instrument, and provides a much needed psychometric tool for the development of more research on youth gambling in Portugal. [ABSTRACT FROM AUTHOR]

The aim of this paper is to use uncertain averaging operators (Uncertain Average, Uncertain Weighted Average, Uncertain Probabilistic Aggregation, and Uncertain Probabilistic Weighted Average) in order to explore psychosocial processes. Traditionally, research in the field of work and organizational psychology has departed from positivism, based on simple deterministic laws that are unable to account for the complexity of organizational phenomena. Our purpose is to show how the Experton methodology contributes to the study of managers' subjectivity on their perception of Corporate Social Responsibility policies development. This is a very innovating perspective in the research of work and organizational psychology. We developed an interview guideline to analyze the level of development of policies for the workplace integration of persons with disabilities. Thirty-five interviews were obtained. Respondents were top managers, Chief Executive Officers, human resources and Corporate Social Responsibility managers. Ten academic and professional experts, with a minimum of 10 years' experience in the field of Corporate Social Responsibility, were asked to establish confidence intervals based on four anchors. The results achieved by the managers and by the experts group reached a similar assessment of the degree of deployment of those policies related to collaborate with the local community and associations, and the setting-up of strategic alliances. These techniques provide an assessment that optimizes the result, as it indicates the exact level of implementation of the policies for the workplace integration of persons with disabilities. [ABSTRACT FROM AUTHOR]

As known, fractional CO2 resurfacing treatments are more effective than non-ablative ones against aging signs, but post-operative redness and swelling prolong the overall downtime requiring up to steroid administration in order to reduce these local systems. In the last years, an increasing interest has been focused on the possible use of probiotics for treating inflammatory and allergic conditions suggesting that they can exert profound beneficial effects on skin homeostasis. In this work, the Authors report their experience on fractional CO2 laser resurfacing and provide the results of a new post-operative topical treatment with an experimental cream containing probiotic-derived active principles potentially able to modulate the inflammatory reaction associated to laser-treatment. The cream containing DermaACB (CERABEST™) was administered post-operatively to 42 consecutive patients who were treated with fractional CO2 laser. All patients adopted the cream twice a day for 2 weeks. Grades were given according to outcome scale. The efficacy of the cream containing DermaACB was evaluated comparing the rate of post-operative signs vanishing with a control group of 20 patients topically treated with an antibiotic cream and a hyaluronic acid based cream. Results registered with the experimental treatment were good in 22 patients, moderate in 17, and poor in 3 cases. Patients using the study cream took an average time of 14.3 days for erythema resolution and 9.3 days for swelling vanishing. The post-operative administration of the cream containing DermaACB induces a quicker reduction of post-operative erythema and swelling when compared to a standard treatment. [ABSTRACT FROM AUTHOR]

In this work a fuzzy multi-criteria model for portfolio selection is proposed which includes together with the classical financial risk-return bi-objective problem a new non-financial criterion. The proposed model will allow the analyst to offer the investor not only the financially good solutions but also some alternative solutions. In fact, the investor will be allowed to introduce in the model information about how far he or she is willing to go from the financially efficient portfolios knowing about the financial cost of these alternative solutions. A numerical example is presented in order to illustrate the proposed model. The social responsibility of the portfolio is considered as an additional secondary non-financial goal in the mean-variance portfolio selection model. Social responsibility is by its nature a vague and imprecise concept and will be handled by means of fuzzy set tools. [ABSTRACT FROM AUTHOR]

This paper aims to critically review the existing literature on the relationship between corporate governance, in particular board diversity, and both corporate social responsibility (CSR) and corporate social responsibility reporting (CSRR) and to suggest some important avenues for future research in this field. Assuming that both CSR and CSRR are outcomes of boards' decisions, this paper proposes that examining boards' decision making processes with regard to CSR would provide more insight into the link between board diversity and CSR. Particularly, the paper stresses the importance of studies linking gender diversity and CSR decision making processes, which is quite rare in the existing literature. It also highlights the importance of more qualitative methods and longitudinal studies for the development of understanding of the diversity-CSR relationship. [ABSTRACT FROM AUTHOR]

In this paper we analyze some of the major difficulties of informed consent (IC). We consider insufficient to base IC on the principle of autonomy. We must not forget that the patient may be in a situation of extreme vulnerability and the good doctor should assume a degree of commitment and responsibility with his/her decisions. Our aim is to introduce the ethics of responsibility of Levinas in practice and theory of IC in order to generate a beneficent medical practice in which the supervision and overseeing of the patient do not undermine his/her autonomy. [ABSTRACT FROM AUTHOR]

Objectives: Social inequalities in mental health have been observed, but explanations are still lacking. The objectives were to evaluate the contribution of a large set of psychosocial work factors and other occupational exposures to social inequalities in mental health in a national representative sample of employees. Methods: The sample from the cross-sectional national French survey SUMER 2010 included 46,962 employees: 26,883 men and 20,079 women. Anxiety and depression symptoms were measured using the Hospital Anxiety and Depression scale. Occupation was used as a marker of social position. Psychosocial work factors included various variables related to the classical job strain model, psychological demands, decision latitude, social support, and other understudied variables related to reward, job insecurity, job promotion, esteem, working time/hours, and workplace violence. Other occupational exposures of chemical, biological, physical, and biomechanical nature were also studied. Weighted age-adjusted linear regression analyses were performed. Results: Occupational gradients were found in the exposure to most psychosocial work factors and other occupational exposures. Occupational inequalities were observed for depressive symptoms, but not for anxiety symptoms. The factors related to decision latitude (and its sub-dimensions, skill discretion, and decision authority), social support, and reward (and its sub-dimensions, job promotion, job insecurity, and esteem) contributed to explain occupational inequalities in depressive symptoms. Decision latitude played a major role in the explanation. Workplace violence variables contributed among men only. Other exposures of physical and biomechanical nature also displayed significant contributions. Conclusions: Comprehensive prevention policies at the workplace may help to reduce social inequalities in mental health in the working population. [ABSTRACT FROM AUTHOR]

The purpose of this study is to analyze the effects of corruption on institutional confidence through testing alternative perceptions-based indexes of corruption. Scholars who have investigated this topic have often employed only indicators of corruption based on experts' surveys. In this article we also consider a new index of corruption developed aggregating citizens' perceptions. The first part of the paper explores the levels of corruption perceived by the citizens of EU member states, stressing the differences with the experts' opinions. The second part tests, through a multivariate analysis, the impact of citizens' and experts' perceptions-based indexes of corruption on institutional confidence. The main results show that experts and citizens tend to express similar opinions on the extent of corruption in EU member states though, especially in some countries, these actors present some noticeable differences. Nevertheless, irrespective of the indexes used, more corrupt countries are characterized by lower levels of confidence in parliament and government. This relationship holds even controlling for the presence of reverse causality between corruption and confidence. [ABSTRACT FROM AUTHOR]

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Web Accessibility (WA) is an attribute that must be taken increasingly into account in the design of websites. In this paper we assess on whether the drivers of more accessible online information differ among banks using a structural equation modelling approach. It is concluded that Web Accessibility (WA) implementation is an important and affordable way that could be used to increase the possibilities to explore online information and to meet the Corporate Social Responsibility (CSR) demands of stakeholders. Our results show that smaller banks are more prone to WA implementation, which may help them to differentiate from its competitors and create strategic advantages. [ABSTRACT FROM AUTHOR]

Purpose: The aim of the current study was to analyze the impacts of acrylic fiber manufacturing on the environment and to obtain information for assisting decision makers in improving relevant environmental protection measures for green field investments in developing countries especially in Africa and Middle East and North Africa (MENA) regions. The key research questions were as follows: what are the different impacts of acrylic fiber manufacturing on the environment and which base material has the highest impact? Methods: The life cycle assessment (LCA) started from obtaining the raw material until the end of the production process (cradle to gate analysis). Focus was given on water consumption, energy utilization in acrylic fiber production, and generated waste from the industry. The input and output data for life cycle inventory was collected from an acrylic fiber manufacturing plant in Egypt. SimaPro software was used to calculate the inventory of twelve impact categories that were taken into consideration, including global warming potential (GWP), acidification potential (AP), eutrophication potential (EP), carcinogen potential (CP), ecotoxicity potential (ETP), respiratory inorganic formation potential (RIFP), respiratory organic formation potential (ROFP), radiation potential (RP), ozone layer depletion (OLD), mineral depletion (MD), land use (LU), and fossil fuel depletion (FFD). Results and discussion: LCA results of acrylic fiber manufacturing on the environment show that 82.0 % of the impact is on fossil fuel depletion due to the high-energy requirement for acrylonitrile production, 15.9 % of the impact is on human health, and 2.1 % on ecosystem quality. No impacts were detected on radiation potential, ozone layer depletion, land use, mineral depletion, or human respiratory system due to organic substances. Conclusions: Based on these study results, it is concluded that acrylic fiber manufacturing is a high-energy consumption industry with the highest impact to be found on fossil fuel depletion and human health. This study is based on modeling the environmental effects of the production of 1-kg acrylic fiber and can serve to estimate impacts of similar manufacturing facilities and accordingly use these results as an indicator for better decision-making. [ABSTRACT FROM AUTHOR]

Following Foucault's work on disciplinary power and biopolitics, this article maps an initial cartography of the research areas to be traced by a genealogy of pharmacological practice. Pharmacology, as a practical activity, refers to the creation, production and sale of drugs/medication. This work identifies five lines of research that, although often disconnected from each other, may be observed in the specialized literature: (1) pharmaceuticalization; (2) regulation of the pharmaceutical industry; (3) the political-economic structure of the pharmaceutical industry; (4) consumption/consumerism of medications; (5) and bio-knowledge. The article suggests that a systematic analysis of these areas leads one to consider pharmacological practice a sui generis apparatus of power, which reaches beyond the purely disciplinary and biopolitical levels to encompass molecular configurations, thereby giving rise not only to new types of government over life, but also to new struggles for life, extending from molecular to population-wide levels. [ABSTRACT FROM AUTHOR]

Article 30 of Regulation (EC) No 1907/2006 concerns the sharing of data between users of a chemical substance. We study this bargaining problem by means of a special class of games in coalitional form called data games (Dehez and Tellone in J Public Econ Theory 15:654-673, ). For such problems, compensation schemes specify how the data owners should be compensated by the agents in needs of data. On the class of data games, the Core, the Nucleolus and the Shapley value provide relevant compensation schemes. We provide four comparable axiomatic characterizations of the set of all (additive) compensation schemes belonging to the Core, of the Nucleolus, of the Shapley value and of the Full compensation mechanism, a compensation scheme exclusively designed for data sharing problems. The axioms reflects principles of various theories of justice. [ABSTRACT FROM AUTHOR]

Recently, there has been much talk of impact investing. Around the world, specialized intermediaries have appeared, mainstream financial players and governments have become involved, renowned universities have included impact investing courses in their curriculum, and a myriad of practitioner contributions have been published. Despite all this activity, conceptual clarity remains an issue: The absence of a uniform definition, the interchangeable use of alternative terms and unclear boundaries to related concepts such as socially responsible investment are being criticized. This article aims to contribute to a better understanding of impact investing, which could help foster this specific investment style and guide further academic research. To do so, it investigates a large number of academic and practitioner works, highlighting areas of similarity and inconsistency on three levels: definitional, terminological, and strategic. Our research shows that, on a general level, heterogeneity-especially definitional and strategic-is less pronounced than expected. Yet, our research also reveals critical issues that need to be clarified to advance the field and increase its credibility. First and foremost, this includes the characteristics required of impact investees, notably whether they need to be (social sector) organizations that prioritize their non-financial mission over the business side. Our results indicate that there may be different schools of thoughts concerning this matter. [ABSTRACT FROM AUTHOR]

The intensification of farm animal welfare debate has led to an increasing number of certification schemes covering this issue; however, there are concerns about the contribution of these schemes in improving welfare. The aims of this study were to identify certification schemes for broiler chicken welfare at farm level in Brazil, to investigate the extent of nutritional, environmental, health and behavioral indicators within the schemes and to analyze the content of scheme and the capacity to promote continuous improvement on certified farms. GLOBALG.A.P. and Certified Humane were the only schemes observed, corresponding to 2.1 % of broiler chicken farms in Brazil. Environmental and health indicators were in greater number, and the requirements classified as behavioral indicator were commonly related to the resolution of low levels of animal welfare. Both schemes were in accordance with the European Food Safety Authority recommendations for farmer training, birds and buildings inspection, temperature control, air and litter quality, stocking density and lighting. The selection of breeds and the use of animal-based indicators needs to be improved, as well the inclusion animal welfare objectives and management review as part of continuous improvement. Welfare certification is a potential market to be developed in Brazil. Overall, assessed schemes may potentially enhance animal welfare at farm level by including new concepts and practices. It is desirable to increase the number of certified farms in Brazil and that certification schemes be critically analyzed on a regular basis regarding their content to meet new demands and to include updates from scientific research. [ABSTRACT FROM AUTHOR]

Granular flows occur in nature on hard surfaces but more frequently on erodible layers of different origin, thickness and properties. Experimental test results are available for testing analytical and numerical solutions, validating them and the definition of the material properties. A series of numerical simulations was performed via FEM analyses considering the granular material to behave as an elasto-plastic Mohr-Coulomb solid. The obtained results were compared with experimental observations of spreading over horizontal and inclined chutes, on both rigid and erodible layers. It turns out that the numerical model is able to capture the influence of the test geometry in case of both rigid and erodible surfaces, but it fails to replicate the excessive runout observed in the presence of layers close to the critical slope angle. It is suggested that this difference could be originated by the meta-stable conditions in which erodible layers are deposited in the experiments considered from the literature. For granular flows moving over a rigid surface both runout and peak front velocity increase with the column aspect ratio, whereas runout increases more rapidly for chute slope larger than $$15^{\circ }$$ , in agreement with published experimental results. Much more complex is the understanding of granular flows over erodible layers. The simulations replicate the generation of waves due to the erosion of the erodible layer, as well the sequential formation of multiple shear bands inside the collapsing column causing the rapid release of multiple subvolumes. [ABSTRACT FROM AUTHOR]

This study investigates the influence of country-of-origin ecological image on the evaluation of ecolabelled products. Based on two experiments involving French consumers, the authors show that the mention of a country of origin with a favourable ecological image has no effect on the evaluation of an ecolabelled product (Studies 1 and 2). However, the mention of a country with an unfavourable ecological image negatively influences the product's evaluation, especially when there is no information about the brand (Study 1). This effect is moderated by the level of confidence towards the product's country-of-origin. The authors consequently draw some business and academic implications from their findings. [ABSTRACT FROM AUTHOR]