Wyniki wyszukiwania - Biblioteka Nauki

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Impact of Economic Inertia on Economics: a Methodological Framework

100%

Navickas V. , Bačiulienė V.

Zeszyty Naukowe Politechniki Częstochowskiej. Zarządzanie

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2021

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nr 44

46-53

EN

The article is devoted to the phenomenon of economic inertia. The authors of the study conducted sufficiently detailed research of economic inertia, on the basis of which the damage to the economy from various economic reforms or economic shocks can be revealed in a timely manner. as Additionally, guidelines can be outlined for further economic growth and sustainable economic development. In their in-depth research on the concept of economic inertia, the authors introduced into usage and employed new concepts of certainty, uncertainty, insufficiency and the redundancy of economic inertia. The authors delineated out as many as four levels of complexity of economic inertia uncertainty. The empirical research is based on a model of the impact of subsidies on the economy. The research model demonstrates that the use of subsidies decreases the market equi-librium price. Innovative companies lose motivation to pursue sustainable economic growth and ensure competitiveness. In this case, the phenomenon of economic inertia is obvious and deprives businesses of the incentives to use innovation to ensure eco-nomic growth. Thus, subsidies as a system of stimulus and rescue in the strategic as-pect of increasing competitiveness have negative effects on the country's economy.

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Strategical Perspective of Corporate Environmental Policy

100%

Navickas V. , Kontautiene R.

Organizacija

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2011

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tom 44

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nr 6

179-184

EN

The authors of the article analyze the benefits of corporate environmental policy in pursuance of a competitive advantage in the global market. Corporate environmental policy described as a strategic business investment opens new possibilities for their relationships with stakeholders and contributes to the promotion of social activity and to the attainment of the competitive advantage. By emphasizing the positive environmental policy's impact on competitive advantage of corporation in the global market the article treats of corporate environmental performance benefits, which are defined as improvement of relations with all stakeholders, intensification of corporation image, reputation development, business growth and customer loyalty. The paper deals with the development of Lithuanian corporate environmental policy in recent years and investigates the relationship between corporation activities and the improvement of relations with the stakeholders, which influences intensification of corporation's image and thereby increases competitive advantage of corporation. Researching the impact of corporate environmental policy on increasing competitive advantage, the authors found that active environmental performance positively influences business relationships with stakeholder groups and increases their competitive advantage in the global market.

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Panel Data Analysis of the Creation of Green Economy in the Baltic States

80%

Žukauskienė J. , Snieška V. , Navickas V.

Zeszyty Naukowe Politechniki Częstochowskiej. Zarządzanie

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2023

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tom 1

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nr 52

193-202

EN

Greenhouse gases are gases that increase in concentration because of human activity. Carbon dioxide accounts for the largest share of greenhouse gas emissions. The ecological environment can be improved and global warming can be mitigated by reducing carbon dioxide levels. Today, the focus around the world is on CO2 emissions into the environment. The Baltic countries that produce more electricity, such as Estonia, emit more carbon dioxide into the environment, while countries that produce less electricity, such as Lithuania and Latvia, emit less. Application of the panel data analysis of GDP per capita and CO2 emissions in millions of tonnes for the years 2000-2021 for the selected countries revealed that the calculated regression constant and coefficient for the independent variable GDP per capita are rather unreliable, which means that there is no common regression function for all these countries, but the differences in the residuals give valuable insight in the specifics of each country.

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Effect of macroeconomic business environment on the development of corporate social responsibility in Baltic Countries and Slovakia

80%

Krajnakova E. , Navickas V. , Kontautiene R.

Oeconomia Copernicana

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2018

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tom 9

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nr 3

477-492

EN

Research background: Fluctuations in economic activity forced companies to change the traditional methods of organization and management and to search for new tools, knowledge, resources and competences in order to strengthen their positions. This has particularly intensified debates on corporate social responsibility (CSR) not only between business people, but also between pieces of research, industry leaders and government representatives. The ongoing global ecologic crisis quickened discussions about how the alternation of macroeconomic business environment influences the development of CSR. Purpose of the article: The aim of this paper is to investigate how the changes in macroeconomic business environment influence the development of socially responsible activities in Baltic Countries and Slovakia. Methods: A statistical analysis of secondary data was used in order to reanalyse the data for the purpose of gaining new insights. The objectives of statistical analysis in this paper were twofold: firstly, to identify the challenges in macroeconomic business environment; secondly, to explore the development of socially responsible activities in different countries. The research period covered the years 2006-2016. The choice of this period is determined by data availability. Findings & Value added: The authors found that economic conditions may diversely affect the development of different dimensions of CSR. Even in unfavourable macroeconomic conditions companies continue to be involved in socially responsible actions because of long-run CSR benefits. The analysis is useful at an international level because it justified the development of socially responsible businesses in Estonia, Latvia, Lithuania and Slovakia, and has provided an opportunity to assess the tendencies of CSR development during the different period of economic cycle.