Environmental sustainability conducts and corporate performance in extractive sector

The subject of environmental sustainability transcends geographical zones, it attracts attention at the top-most business, governmental and civil society levels because of its current visible impacts. Despite the growing concern for a sustainable ecosystem, few applied studies have been conducted to establish the relationship between environmental sustainability and corporate performance in the extractive sector (one of the most profitable of all business sectors, yet arguably the worst culprit in environmental degradation). Therefore, this research seeks to explore the relationship between environmental sustainability and corporate performance in the extractive sector. This relationship was investigated using data from 68 companies within the extractive sector in both Europe and the Americas by the technique of multiple linear regression and event studies by one-way ANOVA. Our results show a negative relationship between environmental sustainability and profit while mixed results were obtained for relationship between environmental sustainability and firm value. In the short horizon, there is a positive relationship between environmental sustainability and firm value while a negative result was obtained in a long-horizon. The pattern of the results is most likely due to the unique nature of the sector where the demand for product exceeds supply. There is monopoly power in the form of cartels, and substitutes for the sector’s products (e.g. oil, gas, and cement) are either unavailable or inadequate. Therefore, poor attention to environmental responsibilities may not necessarily affect the profit but impact negatively on corporate value of the companies within the sector in a short-term. However, in the long-term, poor sensitivity to the environment may not be sustainable

Deedle Deedle Dum

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Energy compensation and adiposity in humans

Understanding the impacts of activity on energy balance is crucial. Increasing levels of activity may bring diminishing returns in energy expenditure because of compensatory responses in non-activity energy expenditures

High Transverse Momentum Physics at the Large Hadron Collider

This note summarizes many detailed physics studies done by the ATLAS and CMS Collaborations for the LHC, concentrating on processes involving the production of high mass states. These studies show that the LHC should be able to elucidate the mechanism of electroweak symmetry breaking and to study a variety of other topics related to physics at the TeV scale. In particular, a Higgs boson with couplings given by the Standard Model is observable in several channels over the full range of allowed masses. Its mass and some of its couplings will be determined. If supersymmetry is relevant to electroweak interactions, it will be discovered and the properties of many supersymmetric particles elucidated. Other new physics, such as the existence of massive gauge bosons and extra dimensions can be searched for extending existing limits by an order of magnitude or more.Comment: Authors listed are the editor

Avalon : Fox Trot Song

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