Manuel Luna

University of Oviedo | UNIOVI · Department of Business Administration

Aquaculture is considered a high-risk industry in which the heterogeneity of the productions hinders the development and application of risk management. However, risk sources have still received little attention in aquaculture research. The present study aims to provide a framework of the main risk sources perceived by aquaculture producers. Firstl...

The need to establish actions to reduce food waste is part of the European Union’s comprehensive approach to efficient use of resources so that economic development must derive from a linear economy to a circular economy. One of the most important aspects to be developed in this policy framework is the fight against food waste. At a regional level,...

Since the 1990s, fishing production has stagnated and aquaculture has experienced an exponential growth thanks to the production on an industrial scale. One of the major challenges facing aquaculture companies is the management of breeding activity affected by biological, technical, environmental and economic factors. In recent years, decision-maki...

This paper investigates the financial market´s perception regarding the effectiveness of the Single Supervisory Mechanism in Europe. Do investors believe that centralized supervision adds value compared to multiple supervision? . Do they feel uncertain about the supervisory role of the ECB? To answer these questions, a sample of 118 European Banks...

In a context of a pressing need for more sustainable practices, the fishing industry still has doubts about whether the benefits resulting from adopting them outweigh the associated costs. With the aim of providing insights to answer that question, this study presents an analysis of the “it pays to be green” hypothesis by measuring the stock market...

Social dimension is a fundamental element in the evaluation of initiatives and policies that are demanded and promoted by public and private organizations as well as society as a whole. Thus, there is a thriving interest in social impact research, especially from the point of view of its measurement and valuation. In this work, we explored the risi...

In recent years, European producers of cultured sea bass and sea bream have experienced a highly competitive market with low prices that have caused profitability challenges. An important factor of economic competitiveness for firms is to produce efficiently. In this paper, technical efficiency of European producers of cultured sea bass and sea bre...

The new advances in production methods have led to an increase in aquaculture production to the extent that the industry can now aid traditional fishing in meeting the growing global demand for fish within the context of the depletion of fisheries' resources. In this new context, market competition has increased and the complexity of managing indus...

Despite the rapid growth in productivity and scale of business production of aquaculture companies in the last few years, their economic results have still experienced very high volatility. This can be partly explained by the increasing complexity of management issues and the strong changes in seafood consumption patterns. But, above all else, comp...

Production of gilthead seabream (Sparus aurata) and European seabass (Dicentrarchus labrax) is the second most important aquaculture industry in the European Union in value terms. During the last 10 years, the industry has experienced a process of industry concentration with the aim to overcome efficiency and profitability issues. However, the econ...

Weak and ineffective corporate governance mechanisms in banks have been pointed out as the main factor that contributed to the 2007–08 financial crisis. The purpose of this study is to analyze empirically how the global financial crisis of 2007–08 has impacted on banks’ governance mechanisms, comparing the differences between the two most important...

This work presents a Decision Support System (DSS) for fish farming in cages that determines the production strategies that maximize the present profits of the farming process. It is a model-driven cooperative DSS in which the cultivation process is simulated through a bioeconomic model that considers economic, environmental, biological and technic...

Economic criteria have traditionally been taken into account as the most important factor for the selection of the most suitable feed in aquaculture. However, currently, management decisions have become increasingly complex, taking into account issues such as environmental sustainability and product quality. In this regard, there is growing recogni...

The purpose of this chapter is to explore the relationship between corporate governance (CG) and corporate social responsibility (CSR) by analysing the effect of internal governance and monitoring mechanisms on the corporate social performance (CSP) of banks. To carry out our analysis, we propose to regress both a fixed-effects and a random-effects...