[17 de outubro de 2019 .:. 14h .:. ISCAL, Auditório 2]
O Seminário V - Produção Científica no ISCAL acontece a 17 de outubro, pelas 12h, no auditório 2 do ISCAL, e terá como oradores convidados os docentes do ISCAL Ricardo Barradas, Irene Arraiano e Iryna Berova Alves.
A moderação estará a cargo da Pró-Presidente para a Investigação, Professora Mariya Gubareva.
A entrada é livre mediante inscrição para o e-mail research@iscal.ipl.pt.
Cartaz - Seminário V - Produção Científica no ISCAL
Biografias e resumos das intervenções
“Financialisation and the portuguese private consumption: two contradictory effects?”
This paper makes an empirical evaluation of the relationship between financialisation and the Portuguese private consumption by performing a time series econometric analysis from the first quarter of 1996 to the last quarter of 2016. Framed within the post-Keynesian literature, financialisation has two contradictory effects on private consumption. The first one corresponds to the fall in the households’ labour income, which favours a deceleration of private consumption. The second one corresponds to the increase of households’ financial and housing wealth, which favours an acceleration of private consumption. The global net effect of financialisation tends to be positive because the beneficial wealth effect suppresses the harmful income effect. We estimated a private consumption equation that includes four control variables (unemployment rate, inflation rate, short-term interest rate and long-term interest rate) and three variables linked to financialisation (labour income, financial wealth and housing wealth). Our results confirm that labour income, financial wealth and housing wealth are positive determinants of Portuguese private consumption. Our results also show that financialisation has represented an important driver of Portuguese private consumption, particularly due to the beneficial effects of financial wealth.
“The Stage of Corporate Social Responsibility in EU-CEE countries”
In European Union the importance of Corporate Social Responsibility reporting is increasing, because 2017 is the year in which the CSR reporting of large companies passes from the voluntary to the mandatory stage according to the requirements of the European Directive 2014/95/EU. In this context, this paper aims to examine the stage of Corporate Social Responsibility in Central and Eastern European Countries members of European Union, in accordance with Global Reporting Initiative which is in accordance with globally recognised criteria worldwide, in the period 2002-2018. A critical analysis of the quality of the reporting was performed, looking at whether it has improved over the previous year and whether it respects legal requirements, and whether the communicated information is useful to the stakeholders. Base on literature review it was found that there is a gap of Corporate Social Responsibility’s reporting research to Western European countries. The results show that the evolution of reporting practices has improved over the years for the all countries and the most reports are prepared by multinationals companies. Thus, we can see how companies react to regulatory requirements and other government demands.
“An empirical analysis of incentive packages and managerial performance”
This study aims to explore the interplay among different types of incentives (monetary incentives, non-monetary incentives and benefits) and managerial performance. We collect data via a questionnaire and use qualitative comparative analysis (QCA) to analyze them. Using data from 1,527 managers, we identify multiple incentive packages that consistently are related to high individual performance. Specifically, our analyses reveal that non-monetary incentives in the form of autonomy and development opportunities are as relevant to high performance as the combination of i) benefits and feedback, ii) recognition, monetary incentives and autonomy and development opportunities, iii) recognition, monetary incentives and feedback or iv) recognition and benefits. Our study also shows the distinct characteristics of each incentive package regarding managers’ gender, age, tenure, position, organizational identification and ownership, as well as organizational features, such as industry and family ownership.
