Poverty, Sustainability, &amp; Metal Recycling: Geovisualizing the Case of Scrapping as a Sustainable Urban Industry in Detroit

Chohaney, Michael L.; Yeager, Charles D.; Gatrell, Jay D.; Nemeth, David J.

doi:10.1007/978-3-319-26218-5_8

Cited by 3 publications

(3 citation statements)

References 42 publications

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“…A social aspect means fairness in realising public tasks, and it is linked with accountability, transparency, and integrity. From an ecological perspective, any human activity must consider the natural environment [52][53][54][55]. This postulate may be achievable if green energy production, distribution, and consumption are well designed and realised.…”

Section: Literature Reviewmentioning

confidence: 99%

Does the Net Present Value as a Financial Metric Fit Investment in Green Energy Security?

Dobrowolski

Drozdowski

2022

Energies

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Surprisingly, little is known whether the net present value (NPV) used as a financial metric in budgeting and investment planning to analyse a projects’ profitability is universal. Meanwhile, the epochal green energy revolution ensuring carbon neutrality through green innovations requires enormous investments, and projects realised must ensure energy security. Therefore, there is a need to reanalyse financial metrics used in financial planning, including NPV. We eliminate this research gap and, based on data from Poland, Romania, Hungary, Croatia, the USA, the United Kingdom, Japan, Israel, and Euro Zone, explain why one may not perceive the currently used NPV formula as a universal financial metric. We show that the variable discount rate influences the time value of money. Therefore, there is a need to redefine the NPV formula. This study makes two main contributions. First, it creates new ground by revisiting the NPV formula in the emerging market context compared to stable economies and contributes to developing business and management theory. Second, we propose and empirically verify the modified NPV formula as a financial metric that considers the situation of energy firms in emerging markets. Thus, this research helps the capital budgeting process, and the modified NPV formula can help provide optimal outcomes in firms, helping to reduce financial risks. Our study contributes to a further contextual diagnosis of business projects and can, in turn, be relevant for other energy sector analyses.

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Section: Literature Reviewmentioning

confidence: 99%

Does the Net Present Value as a Financial Metric Fit Investment in Green Energy Security?

Dobrowolski

Drozdowski

2022

Energies

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“…The implementation of all these public tasks is a challenge for every country. It requires a strong economy based on solid principles, which is underlined in the literature (c.f., Harris, 2003;Emerson, 2006;Aidt, 2009;Aidt, 2011;Freckleton e al., 2012;Boyer et al, 2016;Chohaney et al, 2016;Herremans et al, 2016;Forson, 2016;Blanc et al, 2018;The United Nations, 2019;Dobrowolski & Sułkowski, 2020). Corruption, well researched and described in the literature, destroys economic balance.…”

Section: The Concept Of Sustainabilitymentioning

confidence: 99%

Public ethnocentrism. A cognitive orientation and preventive measures

Dobrowolski¹,

Sułkowski²

2020

Journal of International Studies

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The concept of sustainability requires a reduction in the scale of different economic and organisational obstacles, which destabilise domestic economies. The preliminary study showed that there is a specific motivation influencing public decision-making behaviour in the course of public purchases of goods and services, namely public ethnocentrism. Despite several studies, this phenomenon remains mostly unexplored, especially in the field of preventing ethnocentric behaviours that may lead to epistemic injustice. This study was aimed at initiating an effort to fill the research gap by creating a generally accepted approach to evaluating ethnocentric attitudes in the public sector. Based on the literature review, which includes the well-known Norton-Kaplan Balanced Scorecard, we formulate the original four-element model of preventing public ethnocentrism in the public sector supplemented by nine variables of effectiveness in preventing public ethnocentrism. We offer a new, additional worldwide tool for measuring economic freedom. This research provides the basis for elimination of public constraints in achieving sustainability.

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“…Moreover, it seems important to apply sustainability as the approach to resolve different, detailed, social, and economic problems [25]. Urban poverty or stakeholder engagement and responsibility [26,27], but also the anti-money laundering model [8] could serve as examples of this. To implement such an approach, there is a necessity to establish an international platform for the sustainable model supported on an institutional level.…”

Section: The Importance Of Anti-money Laundering For Sustainabilitymentioning

confidence: 99%

Implementing a Sustainable Model for Anti-Money Laundering in the United Nations Development Goals

Dobrowolski

Sułkowski

2019

Sustainability

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The United Nations Sustainable Development Goals (SDGs), adopted in 2015, are the most relevant global agreements on 17 of the most important issues that are crucial to all countries and their societies. The achievement of all SDGs requires a reduction in the scale of money laundering destabilizing domestic economies. This original research study has shown that the supreme audit institutions’ (SAI) capacity to audit and evaluate anti-money laundering system is limited for a number of reasons including the lack of global SAI standards and guidelines for auditing anti-money laundering systems. The aim of this research was to create a generally accepted approach to auditing anti-money laundering outcomes. To address the research goal, interviews were conducted with 15 representatives of 11 SAIs. In addition, members of the International Organization of Supreme Audit Institutions (INTOSAI) were interviewed and SAI audits of anti-money laundering entities were analysed. A literature review was also carried out. Based on this research study, an original approach both to managing anti-money laundering and auditing such activities was created. This research provides the basis for strengthening risk management that supports an efficient realization of SDGs. The proposed Sustainable Model for Anti-Money Laundering will enhance SAI’s audit capacity and significantly improve parliamentary watchdogs’ investigative functions.

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Poverty, Sustainability, & Metal Recycling: Geovisualizing the Case of Scrapping as a Sustainable Urban Industry in Detroit

Cited by 3 publications

References 42 publications

Does the Net Present Value as a Financial Metric Fit Investment in Green Energy Security?

Does the Net Present Value as a Financial Metric Fit Investment in Green Energy Security?

Public ethnocentrism. A cognitive orientation and preventive measures

Implementing a Sustainable Model for Anti-Money Laundering in the United Nations Development Goals

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