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Exploring the Link between Environmental Practices and Financial Performance: an Empirical Study
(University of the Philippines at Los Banos, 2020-12-31)
Ongoing environmental deterioration has led governments and other institutions to pay closer attention to pollution problems as pollutant emissions can significantly influence and constrain economic growth. Most countries on the American continent use the ISO 14001 standard and the number of new certifications grows year by year. This work empirically explores the influence of environmental management system based on ISO 14001 certifications upon the financial performance of Colombian companies, 133 ISO 14001 certified and 5,036 non-certified firms. A panel data analysis over three years was the data analysis method. This work studied the financial performance of the companies implementing EMS compared to those that did not in one of the most important Latin American economies (Colombia). It was found that a positive relationship exists between the ISO standard and financial performance measured through the companies’ Return on Assets (ROA).
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Social capital and soil conservation: Is there a connection? Evidence from Peruvian cocoa farms
(Elsevier Ltd, 2022-08-01)
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The politics of accountability in global sustainable commodity governance: Dilemmas of institutional competition and convergence
(John Wiley and Sons Inc, 2024-11-01)
The accountability of market-driven sustainability governance has long been controversial, reflecting the deeply political processes through which accountability contests shape governance transformations. Drawing on illustrative examples from internationally traded agro-commodity sectors in the critical case of Indonesia, this paper examines the contested processes of accountability that have accompanied a recent period of institutional change in sustainability governance. Amidst rising critiques of global certification, there has been a parallel expansion of governance approaches that prioritise capability development over regulatory enforcement and engage more intensively with governments in commodity-producing countries. As alternative governance models gain influence, tensions between competing governance stakeholders and agendas are mirrored and amplified through parallel accountability contests, in which distributional conflicts between global and local stakeholders are intensified by pressures to adopt contentious systems of compliance verification. While accountability gaps associated with contrasting institutional models produce strong pressures for partial institutional convergence, such convergence coexists with new forms of institutional fragmentation, as competition between global and national certification expands to encompass competition with localised capacity-building and jurisdictional approaches. Analysis highlights the often-neglected role of accountability politics in shaping institutional change, while raising pressing questions about the distributional implications of contemporary shifts away from global certification governance models.
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Possible Vulnerability of Bell-Clauser-Horne-Shimony-Holt Tests Used for Quantum Certification
(Wiley, 2025-12-29)
A hidden variables (HVs) model is reported, which reproduces quantum predictions for Bell-Clauser-Horne-Shimony-Holt (Bell-CHSH) tests. The existence of such a model poses some limitations to quantum certifications that rely on Bell-CHSH inequality violations. The reported model does not prove wrong Bell's theorem. The latter assumes the factorability of the probability density p AB , which rules the stochastic behavior of the HVs. The reported HVs model is based on an extended form of p AB , which is suggested by Lebesgue's decomposition theorem for bounded functions. The considered p AB complies with locality and realism, and also with measurement independence, parameter independence and outcome independence.
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