Entropic Shocks In The Sustainable Development Of A Company

The research project aims to analyse the influence of the natural, economic and social shocks on the accomplishment of the objectives of sustainable development at the microeconomic level. The implementation of the proposals and solutions delivered by the research project may improve the mechanism o...

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Main Authors: Dimitriu MIHAIL, Silviu Marius ȘEITAN, Mihai Vicențiu IVAN, Tudor CIUMARA, Nicoleta MIHĂILĂ, Silvia Elena ISACHI
Format: Article
Language:English
Published: “Victor Slăvescu” Centre for Financial and Monetary Research 2012-03-01
Series:Financial Studies
Subjects:
Online Access:ftp://www.ipe.ro/RePEc/vls/vls_pdf/vol16i1p144-165.pdf
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author Dimitriu MIHAIL
Silviu Marius ȘEITAN
Mihai Vicențiu IVAN
Tudor CIUMARA
Nicoleta MIHĂILĂ
Silvia Elena ISACHI
author_facet Dimitriu MIHAIL
Silviu Marius ȘEITAN
Mihai Vicențiu IVAN
Tudor CIUMARA
Nicoleta MIHĂILĂ
Silvia Elena ISACHI
author_sort Dimitriu MIHAIL
collection DOAJ
description The research project aims to analyse the influence of the natural, economic and social shocks on the accomplishment of the objectives of sustainable development at the microeconomic level. The implementation of the proposals and solutions delivered by the research project may improve the mechanism of state intervention into the economy and may support the business environment to counteract the adverse effects of the present economic and financial crisis. The topic of sustainable development is debated in the literature only tangentially for the microeconomic level, in relation with environmental protection and without in-depth analysis of the implications of the development of this concept on the strategies, policies and tactics at the company level. The problems related to the impact of shocks on company activity are also approached using the shocks from the natural environment. However, the manifestation of the present economic and financial crisis showed that the economic theory and practice do not have a proper set of instruments for intervention against shocks other than those from the natural environment. The concept of entropy is properly developed theoretically, but the problem of the correlations and interferences with the sustainable development of the company and the shocks from the natural, economic and social environment are yet to be approached by the economic theory and practice.
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spelling doaj.art-c5b6bb9741424f6ab5efbbf5219b505c2023-09-02T23:37:39Zeng“Victor Slăvescu” Centre for Financial and Monetary ResearchFinancial Studies2066-60712066-60712012-03-01161144165Entropic Shocks In The Sustainable Development Of A CompanyDimitriu MIHAIL0Silviu Marius ȘEITAN1Mihai Vicențiu IVAN2Tudor CIUMARA3Nicoleta MIHĂILĂ4Silvia Elena ISACHI5Centre for Financial and Monetary Research “Victor Slăvescu”, Romanian AcademyCentre for Financial and Monetary Research “Victor Slăvescu”, Romanian AcademyCentre for Financial and Monetary Research “Victor Slăvescu”, Romanian AcademyCentre for Financial and Monetary Research “Victor Slăvescu”, Romanian AcademyCentre for Financial and Monetary Research “Victor Slăvescu”, Romanian AcademyCentre for Financial and Monetary Research “Victor Slăvescu”, Romanian AcademyThe research project aims to analyse the influence of the natural, economic and social shocks on the accomplishment of the objectives of sustainable development at the microeconomic level. The implementation of the proposals and solutions delivered by the research project may improve the mechanism of state intervention into the economy and may support the business environment to counteract the adverse effects of the present economic and financial crisis. The topic of sustainable development is debated in the literature only tangentially for the microeconomic level, in relation with environmental protection and without in-depth analysis of the implications of the development of this concept on the strategies, policies and tactics at the company level. The problems related to the impact of shocks on company activity are also approached using the shocks from the natural environment. However, the manifestation of the present economic and financial crisis showed that the economic theory and practice do not have a proper set of instruments for intervention against shocks other than those from the natural environment. The concept of entropy is properly developed theoretically, but the problem of the correlations and interferences with the sustainable development of the company and the shocks from the natural, economic and social environment are yet to be approached by the economic theory and practice.ftp://www.ipe.ro/RePEc/vls/vls_pdf/vol16i1p144-165.pdfsustainable developmenteconomic shocksentropysystemeconomic processes modelling
spellingShingle Dimitriu MIHAIL
Silviu Marius ȘEITAN
Mihai Vicențiu IVAN
Tudor CIUMARA
Nicoleta MIHĂILĂ
Silvia Elena ISACHI
Entropic Shocks In The Sustainable Development Of A Company
Financial Studies
sustainable development
economic shocks
entropy
system
economic processes modelling
title Entropic Shocks In The Sustainable Development Of A Company
title_full Entropic Shocks In The Sustainable Development Of A Company
title_fullStr Entropic Shocks In The Sustainable Development Of A Company
title_full_unstemmed Entropic Shocks In The Sustainable Development Of A Company
title_short Entropic Shocks In The Sustainable Development Of A Company
title_sort entropic shocks in the sustainable development of a company
topic sustainable development
economic shocks
entropy
system
economic processes modelling
url ftp://www.ipe.ro/RePEc/vls/vls_pdf/vol16i1p144-165.pdf
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AT mihaivicentiuivan entropicshocksinthesustainabledevelopmentofacompany
AT tudorciumara entropicshocksinthesustainabledevelopmentofacompany
AT nicoletamihaila entropicshocksinthesustainabledevelopmentofacompany
AT silviaelenaisachi entropicshocksinthesustainabledevelopmentofacompany