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This paper evaluated the environmental effects of socially responsible investments (SRIs) in European countries and analyzed the differentiation between them in terms of SRIs and selected features in the environmental dimension. The first section of the paper discusses contemporary trends in Europe and in certain European countries, whilst the second compares SR environmental investments and environmental factors in selected European countries from a multidimensional perspective. The aim of the study was to identify and evaluate these trends as well as to find similarities and differences between European countries, and subsequently to indicate groups of countries with similar approaches to pro-ecological investments. In order to solve the problem, descriptive and multidimensional statistical methods were used, namely correspondence analysis (CA). Although the research results clearly revealed upward tendencies in the volume of SR environmental investments in the analyzed period, they nonetheless represent a relatively low share in the total number of socially responsible investments. The overall growth in SRIs in Europe may have resulted from the more intense activities of policymakers in some countries as a consequence of concluding agreements reached during the 21st Conference of the Parties (COP21) in 2015. The results of the study also revealed no significant correlations between SR environmental investments and environmental variables among the European countries analyzed; hence, there is no substantial evidence that investors’ assets contribute to the improvement of the environment.

Abstract Floods are challenging the resilience of societies all over the world. In many countries there are discussions on diversifying the strategies for flood risk management, which implies some sort of policy change. To understand the possibilities of such change, a thorough understanding of the forces of stability and change of underlying governance arrangements is required. It follows from the path dependency literature that countries which rely strongly on flood infrastructures, as part of flood defense strategies, would be more path dependent. Consequently there is a higher chance to find more incremental change in these countries than in countries that have a more diversified set of strategies. However, comparative and detailed empirical studies that may help scrutinize this assumption are lacking. To address this knowledge gap, this paper investigates how six European countries (Belgium, England, France, The Netherlands, Poland and Sweden) essentially differ with regard to their governance of flood risks. To analyze stability and change, we focus on how countries are responding to certain societal and ecological driving forces (ecological turn; climate change discourses; European policies; and the increasing prevalence of economic rationalizations) that potentially affect the institutional arrangements for flood risk governance. Taking both the variety of flood risk governance in countries and their responses to driving forces into account, we can clarify the conditions of stability or change of flood risk governance arrangements more generally. The analysis shows that the national-level impact of driving forces is strongly influenced by the flood risk governance arrangements in the six countries. Path dependencies are indeed visible in countries with high investments in flood infrastructure accompanied by strongly institutionalized governance arrangements (Poland, the Netherlands) but not only there. Also more diversified countries that are less dependent on flood infrastructure and flood defense only (England) show path dependencies and mostly incremental change. More substantial changes are visible in countries that show moderate diversification of strategies (Belgium, France) or countries that ‘have no strong path yet’ in comprehensive flood risk governance (Sweden). This suggests that policy change can be expected when there is both the internal need and will to change and a barrage of (external) driving forces pushing for change.

Management science focuses on organisational culture. This reflection also applies to the broadly understood cultural context, as organisations operate in specific places and at specific times. As entrepreneurs enter foreign markets, there is a need to deepen their knowledge of cultural aspects, which results in the possibility to generate practical guidelines for shaping organisational culture in a different cultural environment. The article assumes that out of four elements conditioning organisational culture—type of environment, type of organisation, features of organisation and features of participants—two of them, type of environment and features of its participants, are the basic ways to organisational culture, by means of which the organisational culture is permeated by artefacts, values and basic assumptions, characteristic of national cultures. This permeation is exemplified by organisations from the same industry, having the same top management but functioning in different cultural environments. The study was conducted with the use of the multiple, exploratory and explanatory case study method. It consisted of three stages: The first stage included literature analyses (analyses of secondary data and legacy data), which aimed to determine the features of two cultures—Polish and Ukrainian. At the second stage, the authors conducted pilot studies among the representatives of the Polish and Ukrainian national culture. At the third stage, the organisational cultures of companies operating in the environment of the Polish and Ukrainian culture were surveyed. The research sample included 590 people. The authors based their studies on the Milton Rokeach Values Scale and an author’s tool, in which Hofstede’s concept of cultural dimensions. The statistical analysis involved the nonparametric Mann–Whitney U test.

In this paper, the author intends to show the interaction between the living standards of the population and the financial situation of Polish local government units at the commune level. The first (theoretical) part of the paper provides a synthetic description of topics related to defining the economic terms and to the local government’s ability to impact the standards of living of the local population. In view of the multifaceted nature of terms covered by this analysis, the second part uses a canonical analysis (which means multiple linear regressions are generalized for two sets of variables) in order to identify the relationships between them. The analysis resulted in identifying a number of indicators, including canonical correlations, total redundancy and variances extracted, as well as six statistically significant canonical variates, which enabled the identification of multidimensional relationships between the categories considered. The greatest and the most statistically significant canonical correlation coefficient was over 0.93; for the last statistically significant canonical variate, it was over 0.57. The analysis provides grounds for concluding that when the values of variables representing the financial capacity of Polish rural communes are known, they can be used to explain over 32% of the variance in the set of variables relating to the population’s standards of living. The statistical data originated from the author’s own surveys carried out with presidents and vice-presidents of commune councils.

Nowadays in India the renewable energy sources are continuum growing to accommodate the current demands of energy. Therefore, for an effective use of this energy, a careful and critical analysis is required. As per literature review, India was reported having a massive potential as superpower source in terms of wind energy In the present research, an effort has been carried out to explore various decision making approaches such as TOPSIS, VIKOR, and Fuzzy analysis, to subsequently rank various Indian states with respect to their wind energy potential. In this perspective, potentiality indices have been found on the justification of five significant factors that influence the effective use of wind energy and then a classification has been proposed. It was found that the wind power density is the most significant parameter while the technical expertise has been found as the least significant among identified parameters. The results presented here indicates that among all alternative states of India, Tamilnadu and Maharashtra have the maximum potential to tap the wind energy potential. This study will act as a guide for various government agencies to re-evaluate and re-formulate their energy policies as well as will help various investors (under the ‘Make in India’ campaign) orientated to do business here, to take a well informed decision. The present study also provides a way to make strong policies, in the area of high wind energy potential, in order to maximize the use of renewable source of energy which allows to tackle the societal need and poverty.

The COVID-19 pandemic caused a sudden and deep recession contributing, among other things, to a sharp rise in unemployment. The article addresses changes in the labor markets of the Visegrad countries (Czechia, Hungary, Poland, and Slovakia), covering the period 2018–2021. It attempts to answer the questions: how deep a slump was caused by the pandemic in these markets, how flexible forms of employment responded to it, and whether there were discriminatory phenomena (decline in employment and increase in unemployment in the most vulnerable groups in the labor market). The analysis was based on quarterly data published by Eurostat on the size and structure of the employed and unemployed population. The results of the compilations indicate a relatively small deepening of imbalances in the labor markets of the analyzed countries, a differentiated reaction of flexible forms of employment (depending on the form of employment), which was in line with expectations (they were used as a business cycle buffer). In most of the V4 countries, women were relatively less likely to lose their jobs than men during the pandemic. In a few cases, a relatively stronger decline in employment (increase in unemployment) affected young people, people aged 55–64, and people with the lowest education.

Abstract Natural gas is an important source of energy in the global economy, hence understanding the drivers of its prices is of significant interest for economic agents. This paper investigates the role of structural shocks for the dynamics of the U.S. natural gas market within the Bayesian Structural Vector Autoregression framework applied by Baumeister and Hamilton (2019a, AER), to the crude oil market. This approach provides clear intuition for the identification strategy and allows us to correctly estimate the short-term price elasticity of natural gas supply and demand. Our results indicate that the former is low, whereas the latter is higher than the average estimate in the literature. We also show that market specific demand shocks explain a dominant fraction of natural gas prices variability, while the contribution of supply, aggregate economic activity and inventory shocks is important only during specific market events such as the recent outbreak of the COVID-19 pandemic. Finally, we illustrate how changes in supply in the era of shale gas revolution contributed to the dynamics of natural gas prices.

Coke is an integral component of the blast furnace charge; therefore, it plays an important role in the integrated steelmaking process. Achieving the required coke quality parameters by producers requires the use of a high proportion of the highest quality coking coals (hard coking coals) in the coking blends, which significantly increases the unit production costs. Approximately 75% of these costs are constituted by the cost of the coal blend’s preparation. There is a deficit in the best quality coking coals on the world market and their supply are characterized by large fluctuations in quality parameters. Therefore, from the point of view of the economics of coke production, it is advantageous to produce high-quality coke from a coke blend with the highest possible content of cheaper coals. The paper presents the results of the influence of coal charge bulk density and semi-soft coking coal content in the coking blend on the textural and structural parameters of coke, which determine its quality. Research has shown that the application of increased density influences the parameters of the texture and structure of the coke, which shape its quality parameters. The use of stamp-charging technology contributes to the improvement of the coke quality or enables the production of coke of a predetermined quality from blends containing cheaper semi-soft coals.