Michael kreienbaum (3 Ergebnisse)

Taschenbuch. Zustand: Neu. Druck auf Anfrage Neuware - Printed after ordering - Essay from the year 2022 in the subject Politics - Topic: Public International Law and Human Rights, grade: A, École des hautes études commerciales de Paris, course: Business and Human Rights, language: English, abstract: The textile industry is particularly prone to human rights abuses. Even though several catastrophic events have made news headlines, the exact impact of one¿s apparel purchasing is unknown to most consumers. Effective certification aimed at informing consumers could increase consumers¿ awareness and influence their purchasing behavior, which in the end could alter company behavior and improve the human rights conditions for hundreds of thousands of workers.However, introducing effective and practical certification is complicated, mostly because the numerous stakeholders have different interests that slow down progress. Thus, this essay develops the ¿4I-Framework for Promotive Certification¿, aimed at overcoming the problems and challenges of certification. This holistic framework, consisting of the pillars Independence, Intelligibility, Inferability, and Integration, provides a theoretical blueprint for social certification in the garment industry. …

Taschenbuch. Zustand: Neu. Druck auf Anfrage Neuware - Printed after ordering - Seminar paper from the year 2022 in the subject Business economics - Accounting and Taxes, grade: 1,0, University of Mannheim, language: English, abstract: In March 2022, when the European Commission (EC) proposed including nuclear and gas activities in its taxonomy for sustainable activities, it aroused considerable public attention. Although key decision-makers of the European Parliament (EP) intended to object to the EC¿s proposal formally, the EP¿s plenary did not follow their guidance. In fact, 278 of 705 Members of the European Parliament (MEPs) voted in favor of the objection, and 33 further MEPs abstained. As of today, it is unknown which role business interests played in the decision of the EP not to oppose the proposal. What is known, though, is their omnipresence at the EU level. Today, the Transparency Register of the EU records 12,687 registered lobbyists that have access to the key institutions of the EU.This paper examines the transparency of the EP, the directly elected EU institution supposed to be closest to EU citizens. It does so by focusing on the role that business interests play in the decision-making as regards accounting regulation. Accounting regulation, thereby, refers to the endorsement of IFRS by the EU as well as transparency regulations like the EU taxonomy. Both related areas have substantial economic consequences as they have the potential to re-allocate economic resources. As such, they are highly relevant policy areas for corporate lobbyists.The paper proceeds as follows. Section 2 provides an overview of the relevant legislative procedures at the EU level and examines the EP's legislative influence, gauging its attractiveness for business interests. Section 3 then introduces the concepts of lobbying, transparency, and how both are interrelated. It thereby examines the EP's transparency regarding the availability of information and demonstrates how to trace contacts between MEPs and corporate lobbyists. Section 4 finally narrows down the discussion to lobbyism within the EP, providing a holistic discussion of the contemporary literature. Section 5 concludes.…

Taschenbuch. Zustand: Neu. Druck auf Anfrage Neuware - Printed after ordering - Bachelor Thesis from the year 2020 in the subject Economics - Finance, grade: 1,0, University of Mannheim, language: English, abstract: This paper aims to answer the question of whether post-crisis regulatory interventions caused a decline in liquidity. To serve this purpose, it investigates how individual provisions affect the market making business and how the corporate bond market changed in response to regulations. The paper approaches the issue by structuring theoretical and empirical evidence of corporate bond liquidity. It develops regulations impact levels from particular to aggregate, facilitating a perspicacious analysis. Important to note, the study attempts to assess neither welfare effects nor the desirability of regulations. After the financial crisis, regulators intervened to enhance the resilience of the banking system. Their provisions range from capital and liquidity standards to the prohibition of single activities considered too risky. However, concerns arise that post-crisis regulations harm liquidity by imposing constraints on its providers. When liquidity is low, investors that want to trade large volumes must wait for counterparties or accept to trade below market prices. Therefore, in certain financial markets like that for corporate bonds, intermediaries emerged to facilitate market functioning. They enable investors to trade immediately, reconciling imbalances in supply and demand.Illiquidity is costly for the economy as investors require compensation for holding riskier bonds. Amihud and Mendelson provide cross-sectional and time-series evidence of the resulting illiquidity discount. Hence, if regulations reduced liquidity, they would cause a depreciation of prices. Also, lower liquidity implies higher cost of debt and transaction costs, as well as a less efficient resource allocation. The regulatory impact on liquidity is, therefore, highly important for policymakers and investors.…