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Topic Review
Prosumption as Basic Market Force in Modern Economy
The term “prosumption” is a portmanteau of production and consumption. It refers to a process where a consumer takes over some of the activities previously performed by a producer, usually by directly involving themselves in the design and production of various goods or services. Prosumption is the basic market force in the modern economy.
  • 3.3K
  • 07 Dec 2022
Topic Review
System Theory of Corporate Sustainability
In response to the prevailing sustainability problems that are difficult to solve since they are characterized by complex interdependencies, and the effort to solve one aspect of a sustainability problem may lead to other problems, an interim, system-based theory of corporate sustainability to fill in significant gaps in the corporate sustainability field is developed. The full-blown theory helps the researchers to comprehend, describe and predict situations, behavioral actions and/or context. It guides the researchers to either go against orthodoxy or to continue with it to enrich the current knowledge domain.
  • 4.8K
  • 07 Dec 2022
Topic Review
Energy Sector and the Global Economy
The future of the energy sector is an urgent topic nowadays, as the survival of humanity and each of researchers depends on it. This sector is part of a larger whole, i.e., of the national or global economy, and it determines its growth. This became particularly obvious recently as it has become necessary to increase the share of renewable energy in the total energy balance to stop global warming, which is the source of climate change.
  • 501
  • 07 Dec 2022
Topic Review
Conceptual Background and Relationships between SR and MCS
The movement for corporate sustainability reporting (SR) came into the spotlight in the middle of the 1990s when the South African first king code of corporate governance, widely known as the “King I” report, was published. The focus of SR is on value creation through intellectual, human, social, and natural capitals. In order to ensure that sustainable value creation is connected to the different types of capital, companies need to manage and control for such value creation. This point emphasises the link between value creation and management control systems (MCS).
  • 409
  • 06 Dec 2022
Topic Review
Cumulus
Cumulus is a digital asset management software designed for client/server system which is developed by Canto Software. The product line includes editions targeted to smaller organizations and larger enterprises. The product makes use of metadata for indexing, organizing, and searching.
  • 553
  • 06 Dec 2022
Topic Review
Theoretical Development of Corporate Charitable Giving
Corporate charitable giving refers to the unconditional provision of funds or materials by companies to governments or related institutions in a voluntary and non-reciprocal manner to solve social problems such as poverty, education, natural disasters and public health. Corporate charitable giving not only brings strategic resources and information channels needed for enterprise innovation, but also helps companies enhance their moral capital, improve their brand image and increase their political legitimacy.
  • 539
  • 06 Dec 2022
Topic Review
Online Auction
An online auction is an auction which is held over the internet. Online auctions come in many different formats, but most popularly they are ascending English auctions, descending Dutch auctions, first-price sealed-bid, Vickrey auctions, or sometimes even a combination of multiple auctions, taking elements of one and forging them with another. The scope and reach of these auctions have been propelled by the Internet to a level beyond what the initial purveyors had anticipated. This is mainly because online auctions break down and remove the physical limitations of traditional auctions such as geography, presence, time, space, and a small target audience. This influx in reachability has also made it easier to commit unlawful actions within an auction. In 2002, online auctions were projected to account for 30% of all online e-commerce due to the rapid expansion of the popularity of the form of electronic commerce. Online auctions include business to business (B2B), business to consumer (B2C), and consumer to consumer (C2C) auctions. The largest online auction site is eBay, which was the first to support person-to-person transactions. Other popular examples of online auction sites include WebStore, OnlineAuction and Overstock.
  • 4.0K
  • 06 Dec 2022
Topic Review
Alternative Investment Fund Managers Directive 2011
The Alternative Investment Fund Managers Directive 2011/61/EU (or "AIFMD" for short) is an EU law on the financial regulation of hedge funds, private equity, real estate funds, and other "Alternative Investment Fund Managers" (AIFMs) in the European Union. The Directive requires all covered AIFMs to obtain authorisation, and make various disclosures as a condition of operation. It followed the global financial crisis. Before, the alternative investment industry had not been regulated at EU level. It was reported in May 2014 that only one-third of EU member states had successfully implemented the directive into law. As of 2014, the countries that had transposed AIFMD into law include Cyprus, the Czech Republic, the United Kingdom, Luxembourg, (Germany), France, Malta and Ireland. In December 2014, the European Commission issued a formal warning to countries including Spain, Latvia and Poland for not complying with AIFMD implementation.
  • 490
  • 05 Dec 2022
Topic Review
History of the Minimum Wage
The history of minimum wage is about the attempts and measures governments have made to introduce a standard amount of periodic pay below which employers could not compensate their workers.
  • 660
  • 05 Dec 2022
Biography
Mohammad Tolba
Mohammad Tolba is an Egyptian Salafi activist and entrepreneur. He was one of the protestors in the Tahrir Square during the Egyptian Revolution of 2011. In the same year, he founded "Salafyo Costa," or "Costa Salafis" an activist group that embraces cultural diversity and pluralism and strives for social justice. Tolba and other founders of the group named themselves after their meeting place:[
  • 705
  • 05 Dec 2022
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