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Inertial Behaviour And The Sustainable Development Of The Firm

Author

Listed:
  • Dimitriu, Mihail

    (Centre of Financial and Monetary Research " Victor Slavescu", Romanian Academy, Bucharest)

Abstract

As increasingly obvious signs tell us that the natural environment is changing abruptly and, unfortunately, noticeably, the natural resources are increasingly depleted but have to support a growing population, strategies for the sustainable development of the society will have to be implemented, which will entail a rethinking of the place and role of the firm within the society. During the transition towards another type of human society, the problem of behaviour, including the behaviour of the economic agent, will appear more and more frequently and in terms that we can not even imagine now. Within this context, the paper attempts to catch several aspects concerning the inertial behaviour of the firms in the financial domain.

Suggested Citation

  • Dimitriu, Mihail, 2007. "Inertial Behaviour And The Sustainable Development Of The Firm," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 11(3), pages 115-124.
  • Handle: RePEc:vls:finstu:v:11:y:2007:i:3:p:115-124
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    More about this item

    Keywords

    behavior; inertia; management; development; growth; sustainability; durability.;

    JEL classification:

    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
    • D92 - Microeconomics - - Micro-Based Behavioral Economics - - - Intertemporal Firm Choice, Investment, Capacity, and Financing
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • H32 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Firm
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O23 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Fiscal and Monetary Policy in Development
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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