Corporate social responsibility (CSR) declared by organisations can be understood as a specific signal sent to stakeholders. However, social responsibility can vary from its complete absence to symbolic or substantive CSR. There is still a lack of knowledge on how employee feedback, manifesting...

This study explores the role of non-oil institutional sectors in the economic growth of the Saudi economy during the years 1970-2020, using vector auto regression, impulse response function, and variance decomposition. The results of study support the impact of the oil and non-oil sectors...

This study investigated how the COVID-19 pandemic impacted earnings management practices within both public and private firms in Korea. Amid active government efforts and policies to overcome the pandemic crisis, we anticipate that the earnings management of public sector managers, prioritizing...

Greening the environment cannot be achieved satisfactorily, considering that the private sector lags behind the public sector in participation levels. The purpose of this study was to determine the reasons behind the gap in green finance between the two sectors using numerically derived...

Purpose - This study examines the earnings quality of private-subsidiary firms using a large sample data from India. Design/methodology/approach - The impact of parent-subsidiary relationship on earnings quality is examined using two common proxies. Findings are robust to alternative research...

Weschle (2024) examines the effect of UK legislators taking private sector jobs while holding office on their parliamentary behaviour. The published analysis employs two-way fixed effects and difference-in-differences as an identification strategy. In that analysis, which we were able to...

ypical debt sustainability metrics characterize Kenya's sovereign debt as "unsustainable" since around 2019. Further, the data show that, over time, commercial banks' private sector lending has declined while lending to the government has grown. Given these observations, this study examines...

In recent years, Jordan has increasingly strengthened its commitment to enhancing public service delivery through digital public infrastructure (DPI). DPI refers to foundational and reusable digital platforms and building blocks-such as digital ID, digital payments, and data sharing-that...

As disasters caused by natural hazards, health emergencies, and other crises become more frequent and complex, the demand for effective crisis preparedness and response tools has never been greater. In response to these evolving challenges, the World Bank (WB) has continuously adapted its crisis...

This Brief studies patterns of political engagement among private firms in the European Union (EU). Using representative data, allowing for analysis at the level of NUTS2 regional groupings (EU regions varying from about 800,000 to 3 million inhabitants), various patterns of engagement emerge....

This paper examines the resource mismatch in China's healthcare sector from 2010 to 2019. We use structural efficiency to measure the resource mismatch in the healthcare industry (0.2-0.7). We find that an increase in the proportion of private hospitals decreases the healthcare resource mismatch...

Existing literature on greenhouse gas (GHG) emissions disclosure has paid little attention to private firms, despite the fact that this type of firm is responsible for significant GHG emissions. This study empirically analyzes the GHG disclosure of German private firms. The results suggest that...

This paper builds upon the work of McCaffrey (2016) who explores how economics can enhance entrepreneurship education. We extended the work of McCaffrey in two distinct ways. First, we emphasize the economic understanding every private enterprise needs to be successful. Second, we developed...

ypical debt sustainability metrics characterize Kenya's sovereign debt as "unsustainable" since around 2019. Further, the data show that, over time, commercial banks' private sector lending has declined while lending to the government has grown. Given these observations, this study examines...

Selon les estimations, la région du Moyen-Orient et de l'Afrique du Nord (MENA) a connu une croissance modeste de 1,9 % en 2024 et devrait croître modérément à 2,6 % en 2025. Cela s'inscrit dans un contexte d'incertitude mondiale accrue, en particulier en matière de politique commerciale....

GoBs are goods for which agents have non-monotonic preferences: more is beneficial only up to an ideal level, beyond which additional quantities become undesirable. We analyze public GoBs (non-excludable and non-rival) through a theoretical framework applicable to diverse contexts such as solar...

The substantial increase in public sector wages in Mongolia introduced in the 2023 supplementary budget has raised concerns about its potential spillover effects on private sector wages and subsequent inflationary pressures. Furthermore, both public and private sector wages have grown on average...

This paper estimates a New Keynesian model with a nonlinearity in the monetary policy rule to capture the practice of inflation targeting with target zones or tolerance bands. Private-sector agents form subjective expectations, update their beliefs over time using a perceived model of the...

This study examines factors influencing full (FP) versus partial (PP) privatization and how markets respond to government control in PP and FP firms. Exploiting China's 2005 NTS reform as a natural experiment, we find that treated PP firms experienced significantly lower post-reform performance,...

Teleworking has been widely adopted in France since the Covid-19 crisis. This study traces its evolution from 2019 to late 2024, using worker and employer surveys, firm agreements, and administrative sources. After peaking during lockdowns, telework stabilized at 23% of the private workforce,...

The railway sector is essential to economic growth and connectivity, offering efficient and sustainable transport solutions. However, growing threats from climate change and natural disasters are placing increasing strain on railway infrastructure. To maintain long-term operational stability,...

The report assesses two Department of Education's (DepEd) student financial assistance schemes under the Government Assistance to Students and Teachers in Private Education (GASTPE) program. Those schemes are the Educational Service Contracting (ESC) and the Senior High School Voucher (SHSV)...

This Policy Support Facility (PSF) report responds to the request of the Office of the Prime Minister of Finland to explore the obstacles that hinder public-private R&D collaboration within Finland's research and innovation (R&I) ecosystem and to provide operational recommendations to the...

Finland has a long-standing tradition of excellence in research and innovation (R&I), supported by high level of public investment and strong societal trust in science. Finnish authorities have set an ambitious goal of increasing R&D intensity to 4% by 2030 and are significantly increasing...