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Linda Kauškale and Frank Riemenschneider

Abstract

Investment tendencies in a country and particular region in general have a crucial role in the creation of the sustainable environment of the city, spatial planning and land use management. Green construction has great potential for investing and can provide variety of benefits for sustainable longterm development of the country. The aim of the research is to analyse the environmental and economical substantiation of investments in green buildings, with particular focus on the experience of Germany. The researchers used logical, inductive, quantitative and statistical analysis logical methods, analysis of scientific literature as well as comparative analysis. Lack of information is a peculiarity of real estate market, and especially affects the activities in green building construction, that also shows the necessity of developing economic and environmental criteria for substantiation of the decision-making process. Future research directions have been identified as well.

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Roxana Clodnițchi and Alexandra Cătălina Chinie

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Divya Shukla

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Mihaela Herciu and Claudia Ogrean

, profitability, and capital structure. Journal of Financial Economics, 114(3), 424-443. Dewenter, K. L., & Malatesta, P. H. (2001). State-owned and privately owned firms: An empirical analysis of profitability, leverage, and labor intensity. The American Economic Review, 91(1), 320-334. Enqvist, J., Graham, M., & Nikkinen, J. (2014). The impact of working capital management on firm profitability in different business cycles: Evidence from Finland. Research in International Business and Finance, 32, 36-49. Frank, M. Z., & Goyal, V

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Sorin Burnete and Choomta Pilasluck

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Katarzyna Klimczak

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Rosario Cano Garcia

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Kumar Tiwari Aviral and Krishnankutty Raveesh

determinants of capital structure in transitional economies, International Review of Economics & Finance, Vol.16, no. 3, pp. 400-415. Drobertz, W., and Fix, R., (2003), What are the determinants of the capital structure? Some evidence for Switzerland, Working Paper, No. 4103, WXYZ / Department of Finance University of Basel. Easterbrook, F., (1984), Two-agency cost explanations of dividends, American Economic Review, Vol. 74, no.4, pp. 650-659. Frank, M.Z., and Goyal, V.K., (2003), Testing the pecking order theory of capital

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Robert Staiger and Adrian Tanţău

), Sustainable energy without the hot air, UIT Cambridge, Cambridge. Merrill, K.R. (2007), The Oil Crisis of 1973-1974: A Brief History with Documents, Bedford/St. Martin’s. Miara, M., (2013), Wärmepumpen, Frauenhofer IRB Verlag. Mojic, I., Haler, M. and Frank, E. (2014), “Heat Pump System with Uncovered and Free Ventilated Covered Collectors in Combination with a Small Ice Storage Energy”, Energy Procedia, Volume 48, pp. 608-617. Nast, M. (2014), Strukturwandel für die Energiewende im Wärmesektor