Management Control Performance in Moroccan Public Equities

The objective of this scientific contribution was to validate our reticular meta-model of Performance of Management Control (PCDG) and its expanded influence on Social and Environmental Performance (PSE). To achieve this objective, we were able to propose to analyze and measure the performance of public equities by the Method of Structural Equations (MES) in order to validate the meta-model of the Performance of Management Control (PCDG) and its broader influence on Social and Environmental Performance (PSE) as well as the underlying assumptions on which our research is based. In this context, our model has been tested with 44 public equities in Morocco. The predictive vocation of our model, its structural relations and the reflective nature of our constructs led us to retain the Partial Least Squares (PLS) method in order to validate our meta-model of research. Finally, from this empirical tool, it was possible to explain a meta-model of the management of the decision-making management 2.0 of the public equities of Casablanca Stock Exchange and its multiple positive externalities : Relevancy, Utility, Economy, Efficiency and Effectiveness. The various tests carried out rigorously, through the longitudinal survey conducted with Moroccan public equities, relevance and robustness of the Methods and Meta-models of Performance Steering. Keywords: Management Control - Management Control Decision 2.0 – Sustainable Development – Social and Environmental Responsibility (CSR) – Methods and Meta-Models – Performance Steering – Performativity - Public Equities – Casablanca Stock Exchange (BVC) – Relevancy – Utility - Economy – Efficiency – Effectiveness – Management Control Performance – Social and Environmental Performance –Moroccan All Shares Index

Relationship between Corporate Social Responsibility and Financial Performance in Islamic Banking

The aim of this study is to evaluate the level of Corporate Social Responsibility Disclosure in Islamic banks and to analyze the relationship between performance indices Return On Average Assets (ROA) and Return On Equity (ROE) with the corporate social responsibility disclosure. An empirical analysis is conducted, based on the annual reports of 8 Islamic banks for years 2009 and 2010.  A Corporate Social Responsibility Disclosure Index (CRSDI) is constructed. To verify the link between ROA, ROE and CSRDI, regression models are run. The results indicate a lack in disclosing Corporate Social Responsibility, and the regression models show that there is no relation statistically significant between performance indices (ROA, ROE) and CSRD index. Keywords: Islamic bank, ROA, ROE, Corporate Social Responsibility Disclosure, Regression, Content Analysi

Sustainable Finance at the time of Institutions: Performativity through the lens of Responsible Management in Morocco

The aim of this study is to evaluate the level of Sustainable Finance disclosure in Institutions and to analyze the relationship between Performativity of Responsible Management and Sustainable Finance. A Performativity of Sustainable Finance through the lens of Responsible Management is constructed. To verify the link between the impact of responsible strategies and structures on the implementation and deployment of Sustainable Finance for reducing CO2 emissions at the time of Institutions, the structural relationships in our model are run

Behavioral Biases Influencing the Decision Making of Portfolio Managers of Capital Securities and Traders in Morocco

Behavioral finance is a new discipline that has emerged to explain the anomalies in the financial markets (ex: the succession of speculative bubbles and stock market crashes). It is based on two assumptions namely the irrationality of investors and limit arbitration. Behavioral finance is based on prospect theory and the psychological biases

Multivariate Analysis of a Time Series EU ETS: Methods and Applications in Carbon Finance

Climate Change (CC) is a major issue of our century. Controlling the constraints of Greenhouse Gas (GHG) emissions through transformation into opportunities (Wettestad and Skjaerseth, 2007), in an organization to increase industrial production, has become a necessity. The main reason for this adoption was the effectiveness of energy management and responsible linkages that are being developed to determine the issues and opportunities of carbon finance for organizations

Carbon financial markets underlying climate risk management, pricing and forecasting: Fundamental analysis

Climate Change (CC) is a major issue of our century. Controlling the constraints of Greenhouse Gas (GHG) emissions through transformation into opportunities, in an organization to increase industrial production, has become a necessity. The main reason for this adoption was the effectiveness of energy management and responsible linkages that are being developed to determine the issues and opportunities of carbon finance for organizations

From financial performance to sustainable development: A great evolution and an endless debate

The concept of ‘Performance’ is one of the most used words, both in the academic and professional spheres, due to its importance in all fields. In addition to its very high frequency of use, its definition is polysemous. This paper aims to focus on the surrounding of the performance, by listing several definitions and tracing its evolution over time. This paper also proposes the treatment of performance in all its facets, from the financial one to the global and sustainable one, and by highlighting the complementary aspect of the different approaches of treatment of this concept. To do this, we were interested in articles and books referenced in the Scopus, Cairn, Electre and Google Scholar databases, and we selected the scientific production between 1960 and 2020, which deals with either the definition or the link between the concepts ‘Performance’, ‘CSR’, ‘CSP’ and ‘Sustainable Development’, to synthesize them in this article following a chronological and logical order. This article is intended as a synthetic guide for any researcher or professional interested in the concept of performance, since it traces its evolution and its ramifications through the highlighting of the complementarity and the relevant use of this concept