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首页> 外文期刊>Universitatea "Constantin Brancusi" din Targu Jiu. Analele. Seria Economie >REVEALING THE SUSTAINABLE DEVELOPMENT EQUILIBRIUM THROUGH CATASTROPHE BONDS, SOCIAL CORPORATE ENGAGEMENT AND ECONOMIC PERFORMANCE FOR THE EUROPEAN REINSURANCE INDUSTRY
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REVEALING THE SUSTAINABLE DEVELOPMENT EQUILIBRIUM THROUGH CATASTROPHE BONDS, SOCIAL CORPORATE ENGAGEMENT AND ECONOMIC PERFORMANCE FOR THE EUROPEAN REINSURANCE INDUSTRY

机译:通过灾难债券,社会企业参与和欧洲再保险业的经济绩效揭示可持续发展均衡

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Our paper investigates the equilibrium for the three components of corporate sustainable development (SD) by focusing on a sample of EU-based reinsurance companies, for the 2010-2013 period, while proposing, to our knowledge, an innovative approach from the perspective of the environmental and social components. In order to represent these two edges, two indexes are developed. The index representing the environmental component mirrors the presence on the catastrophe bonds market of the analysed companies. The second index revolves around the social component and concentrates on those achievements regarding the corporate support for the general community social advance. In methodological terms, the analysis is developed by considering both a static and a dynamic outline. The dynamic analysis is developed within a comparative framework for analysing the SD equilibrium, both at the level of the two indices and at the level of their main components. The static outline considers the cluster analysis in order to capture the SD balanced by grouping the companies in line with their social and environmental accomplishments and comparing the outcomes according to their economic performance. The main results reveal good social development equilibrium at the level of the analysed companies reflected through the association between better environmental and social achievements and higher economic performance.
机译:我们的论文通过专注于2010 - 2013年期间的欧盟的再保险公司样本来调查公司可持续发展三个部件(SD)的均衡,同时提出从我们的知识,从环境和社会组成部分。为了代表这两个边缘,开发了两个索引。代表环境成分的指数反映了分析公司灾难债券市场的存在。第二个指数围绕社会组成部分,并专注于有关对总体社会社会进步的企业支持的成就。在方法论方面,通过考虑静态和动态轮廓来开发分析。动态分析是在比较框架内开发的,用于分析SD平衡,两者在两个指数的水平和主要组件的水平。静态轮廓考虑了集群分析,以便通过将公司与其社会和环境成就进行分组并根据其经济表现进行比较结果来捕捉SD平衡。主要结果揭示了分析公司水平的良好社会发展均衡,反映了更好的环境和社会成就与更高的经济绩效之间的协会。

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