Xiaoxue Zhou , Jiancheng Chen (2019). A Comparison of Impacts of Climate Change on Urban Poverty and Rural Poverty in the North-West China. International Journal of Management and Sustainability, 8(1): 20-31. DOI: 10.18488/journal.11.2019.81.20.31
This paper explores the contrast between urban poverty and rural poverty under climate change in north-west China based on association theory. In order to effectively evaluate the different impacts of climate change on rural and urban poverty, this paper establishes a dynamic GMM regression model of climate change, uses the north-west region panel data to clarify the relationship of ecological environment, carbon emissions and poverty alleviation in north-west China. The empirical test results show there exists an inverted U-shaped curve relationship between carbon emissions and the rural poor income, but there is no significant correlation between carbon emissions and that of the urban poor. There is an obvious intertemporal transmission of poverty, and that of rural poverty is more obvious than urban poverty. Economic growth is still the most important power source of poverty reduction in urban and rural areas in north-west China, however, the number of years of education had no obvious influences on the income of urban and rural poor population.
This study is one of very few studies which have investigated the contrast between urban poverty and rural poverty under climate change in north-west China through empirical analysis, and analyzes whether the region has obtained a broader poverty alleviation through the consumption of natural resources.
Does Gearing Influence on Corporate Performance? Evidence from Kenya
George Gikama Muthoni (2019). Does Gearing Influence on Corporate Performance? Evidence from Kenya. International Journal of Management and Sustainability, 8(1): 1-9. DOI: 10.18488/journal.11.2019.81.1.9
The objective of this paper was to determine the influence of gearing and corporate performance of non-financial firms listed on the NSE. The target population being 42 companies with 35 companies meeting the threshold for a balanced panel regression for the period 2008-2017. The study adopted longitudinal quantitative research design with random-effects GLS models. The corporate performance was assessed by ROCE and Q ratio while gearing was measured using leverage ratio. The findings reveal that the gearing is positively and statistically insignificant related with corporate performance of the listed non-financial firms at the NSE measured using ROCE and positively significantly related to Tobin’s Q. This paper commends the necessity to cultivate a worthy rapport with debt capital providers such as banking companies, and other financial institutions to benefit from easy acquisition of large sums of funds and enjoy the interest tax shields related to interest charged on debt finance.
This study contributes in the existing literature on the effect of gearing by long-term borrowing divided by firm’s capitalization thus capturing the financial risk in a firm from a long-term perspective which usually influences the investors’ choice of a firm to invest into.
Material Pinch Location and Critical Materials Recycling
Zlatan Mujkic , Nikita Krekhovetckii , Andrzej Kraslawski (2019). Material Pinch Location and Critical Materials Recycling. International Journal of Management and Sustainability, 8(1): 10-19. DOI: 10.18488/journal.11.2019.81.10.19
Supply of some materials and metals in the World is getting increasingly challenging. To deal with this issue, several organizations (e.g. European Commission) have composed a list of materials critical for the economy, in the list, 27 critical materials (CMs) are included. Furthermore, several actions have been proposed to tackle the problem, including recycling of CM from secondary sources. Global supply chains of raw CMs often rely on limited number of suppliers (e.g., China, Russia, Brazil, US). Since some countries have monopoly and regulate the supply of CMs, they can have big impact on the prices of CM. Therefore, the objective of this paper is to explore the possibility of scrap recycling, which can be used to meet some of the demand. To evaluate the amount of scarp that can be used for recycling, we propose a graphical optimization technique (pinch analysis). To show the applicability of pinch analysis and the amount of scrap that can be recycled, two examples are presented.
This paper contributed in the area of supply chains of critical materials. The methodology used in the paper is Pinch Analysis, which is a graphical optimization method. The methodology used can be useful to determine the potential recycling rates of scrap within supply chain of critical materials.