London School of Economics and Political Science

About: London School of Economics and Political Science is a education organization based out in London, United Kingdom. It is known for research contribution in the topics: Politics & Population. The organization has 8759 authors who have published 35017 publications receiving 1436302 citations.

The Impact of Corporate Social Responsibility on Firm Value: The Role of Customer Awareness

Abstract: This paper shows that corporate social responsibility (CSR) and firm value are positively related for firms with high customer awareness, as proxied by advertising expenditures. For firms with low customer awareness, the relation is either negative or insignificant. In addition, we find that the effect of awareness on the CSR–value relation is reversed for firms with a poor prior reputation as corporate citizens. This evidence is consistent with the view that CSR activities can add value to the firm but only under certain conditions. This paper was accepted by Bruno Cassiman, business strategy.

Foreign Investment and Productivity Growth in Czech Enterprises

Abstract: Foreign direct investment had a greater positive impact on total factor productivity in firms in the Czech Republic over a four - year period than joint ventures did, suggesting that parent firms transferred more know-how to affiliates than joint venture firms got from their partners. Firms without foreign partners experienced negative spillover effects, possibly because fewer training efforts made them less able to absorb and benefit from the diffusion of know-how. Firm-level data for the Czech Republic (1992-96) suggest that foreign investment had a positive impact on recipient firms' total factor productivity (TFP) growth. This result is robust to corrections for the sample-selection bias that prevails because foreign investment tends to go to firms with above-average productivity performance. This result is not surprising, given the presumption that foreign investors transfer new technologies and knowledge to partner firms. With some lag, this is likely to be reflected in greater TFP growth. Foreign direct investment appears to have a greater impact on TFP growth than joint ventures, suggesting that parent firms are transferring more know-how (soft or hard) to affiliates than joint venture firms get from their partners. Joint ventures and foreign direct investment together appear to have a negative spillover effect on firms that do not have foreign partnerships. This effect is relatively large and statistically significant. But if the focus is restricted to the impact of foreign-owned affiliates (foreign direct investment) on all other firms in an industry, the magnitude of the negative effect becomes much smaller and loses statistical significance. This result, together with the fact that joint ventures and foreign direct investment together account for significant shares of total output in many industries, suggests that more research is needed to determine how much knowledge diffuses from firms with strong links to foreign firms to firms that do not have such links. Especially important is the extent of spillovers among joint venture firms and between foreign affiliates and firms with joint ventures. Insofar as joint venture firms invest more in technological capacity (as suggested by their training efforts), those firms could be expected to be better able to absorb and benefit from the diffusion of know-how. The absence of such capacity may underlie the observed negative spillover effect on other firms in the industry. Longer time series and collection of data on variables that measure firms' in-house technological effort would help identify the magnitude and determinants of technological spillovers. This paper - a product of the Financial Economics Group - is part of a larger effort in the group to understand the transition process in the Czech Republic.

The politics of europeanization

Abstract: THEORISING EUROPEANIZATION 1. Introduction: In the name of Europe 2. The Europeanization of public policy 3. Conceptualising the domestic impact of Europe COMPARING INSTITUTIONAL CONTEXTS 4. Meeting the demands of EU membership: The Europeanization of national administrative systems 5. Variable geometry, multi-level governance: European integration and sub-national government in the new Millenium 6. Europeanization in comparative perspective: Institutional fit and national adaptation EUROPEANISATION AND POLICY ANALYSIS 7. Europeanization as interpretation, trnslation, and editing of public policies 8. Europeanization as Convergence: the regulation of media markets in the European Union 9. The impact of the European Union on environmental policies INTEREST GROUPS AND EUROPEANISATION 10. Europeanization and organisational change in national trade associations 11. Differential Europeanization: large and small firms in the EU policy process UNDERSTANDING 'EUROPE' AS A POLICY MODEL 12. The idea of the European social model: Limits and paradoxes of Europeanisation 13. Europeanisation goes east: power and uncertainty in the EU accession process CONCLUSIONS 14. Conclusions: A conversant research agenda

The convergent validity of two burnout instruments: A multitrait-multimethod analysis.

Abstract: Summary This study examined the factorial and convergent validity of the OLdenburg Burnout Inventory (OLBI) and the Maslach Burnout Inventory - General Survey (MBI-GS) among 232 Greek employees fro...

World Alzheimer report 2016: improving healthcare for people living with dementia: coverage, quality and costs now and in the future

Abstract: The World Alzheimer Report 2016, Improving healthcare for people living with dementia: Coverage, quality and costs now and in the future, reviews research evidence on the elements of healthcare for people with dementia, and, using economic modelling, suggests how it should be improved and made more efficient. The report argues that current dementia healthcare services are over-specialised, and that a rebalancing is required with a more prominent role for primary and community care. This would increase capacity, limit the increased costs associated with scaling up coverage of care, and, coupled with the introduction of care pathways and case management, improve the coordination and integration of care. Modelling of the costs of care pathways was carried out in Canada, China, Indonesia, Mexico, South Africa, South Korea and Switzerland, to estimate the costs of dementia healthcare under different assumptions regarding delivery systems. The report was researched and authored by Prof Martin Prince, Ms Adelina Comas-Herrera, Prof Martin Knapp, Dr Maelenn Guerchet and Ms Maria Karagiannidou from The Global Observatory for Ageing and Dementia Care, King’s College London and the Personal Social Services Research Unit (PSSRU), London School of Economics and Political Science.