The Sustainable Development Goals aim at balancing economic, social and environmental development. In this framework, social sustainability is key to tackle current challenges that hinder the maximization of social satisfaction. Yet, for many years, scholars have negleted the social dimension. A possible explanation may be the difficulty to measure social concepts such as well-being and prosperity. Thus, we argue that, to evaluate sectoral performance, the concept of social sustainability should be translated into metrics, by focusing on the indicators that impact on those social concepts. Consequently, time-series data from Quadros do Pessoal, PORDATA and SABI databases for the sector of Water Collection, Treatment and Distribution, Sanitation, Waste Management and Depollution, are consulted to analyze the evolution of those indicators and evaluate corporate performance concerning social sustainability in 2008–2019. In line with previous literature, we use average wages and employment as proxies for social sustainability. However, we introduce a new indicator, the average term for receipts to carry out an analysis from the stakeholders’ perspective. The results suggest that, especially as of 2017, sectoral firms appear to have reagained their momentum concerning social sustainability performance. This study provides the opportunity to uncover average sectoral trends on social sustainability and paves the way for future research exploring firms’ heterogeneity.
Background: This paper identifies the determinant factors of Portuguese investment in Poland, Hungary, and the Czech Republic. We assume that investment abroad is motivated by business opportunities, and the quality-price ratio of the workforce. Methods: To this end, we used a qualitative methodology composed of 6 case studies, based on interviews and surveys with the managers of the Portuguese firms investing in those three economies. Results: Despite the business opportunities, Portuguese investment directed towards these economies is negligible, due, in part, to the geographic and cultural distance. However, the economic and political stability, combined with market size and growth potential are undeniable attraction factors for Portuguese investors. Small and medium enterprises (SMEs), due to their flexible conditions that allow changes in the activity, and the strong trend towards outsourcing, to the detriment of the manufacturing industry, are the primary focus of international investment. This trend, although common to several sectors, has shown greater dynamism in the banking and financial sector. Conclusions: The results suggest market-oriented investments aiming at growth and expansion. The vast Polish market is the one that most attracted Portuguese investors. The hybrid feature of some strategies can align with the cautious attitude towards the investment translated into cooperation agreements with financial institutions for funding, the market learning process, and the training of the personnel. The anticipation of the installation over potential competitors, the experience in production and international markets, the price-quality ratio, the capacity of product adaptation and the design were considered important sources of competitive advantage that motivated the investment. The greatest difficulties during this process were language and the complexity of legislation.
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