Corporate sustainability reporting and management of agricultural businesses in Ukraine

Zamlynskyi, V; Kryukova, Iryna; Vlasenko, T; Slutskyi, E; Banar, O; Anisimova, Lyudmyla

doi:10.1088/1755-1315/1126/1/012002

Cited by 5 publications

(3 citation statements)

References 14 publications

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“…A considerable number of small businesses in the US start with less than $5,000 and 58% with less than $25,000: this indicates that most startups rely on personal savings in the initial phase. However, 75% of startup owners who receive funding from venture capitalists fail to return their investment, which highlights the risks associated with startups Luniov et al, 2022;Zamlynskyi et al, 2023).…”

Section: Resultsmentioning

confidence: 99%

Assessing the impact of innovative strategies on entrepreneurial growth and business development

Sheibut,

Smolych,

Kostyk

et al. 2024

Multidiscip. Sci. J.

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Changes in the global business environment prompt the significance of innovative approaches in encouraging entrepreneurship and fresh ventures. Innovation is emerging as a critical success factor due to its ability to contribute to the growth, efficiency of production, and competitiveness of enterprises. This study aims to analyse the impact of innovative approaches on entrepreneurship and new ventures. The methodology used in this study is comprehensive and mainly employs systemic and structural-functional methods, as well as analysis and synthesis. This approach helps to illustrate the intricate network of connections between various factors that impact the effectiveness of innovative approaches for entrepreneurship development. The study proves that innovative approaches have a significant impact on productivity and entrepreneurship development, particularly for new enterprises, which benefit from the ability to quickly enter the market. These approaches facilitate the introduction of the latest technologies, process optimization, and digital solutions. The findings indicate that innovation enhances the competitiveness of new businesses and attracts investment. Risk management and adaptability are crucial for new businesses in a dynamic business environment. The ability to respond quickly to changes in technology, market conditions, and consumer preferences is vital for the development of entrepreneurship and new businesses. New businesses that effectively mitigate risks and respond dynamically to change have a better chance of maintaining their competitive advantage and sustainability. This task necessitates adaptable planning, vigilant monitoring of the external environment, and the capacity to modify strategies in response to changes.

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Section: Resultsmentioning

confidence: 99%

Assessing the impact of innovative strategies on entrepreneurial growth and business development

Sheibut,

Smolych,

Kostyk

et al. 2024

Multidiscip. Sci. J.

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“…Under modern conditions, corporate reporting of sustainable management is an important indicator of reliability and stability of business, a marker of its long-term goals and intentions, a guarantor of corporate responsibility of business to customers, society, and the environment (V. Zamlynskyi et al, 2023).…”

Section: Analysis Of Recent Research and Publicationsmentioning

confidence: 99%

Sustainability of Business Development in Strategic Management

Stanislavyk¹,

Zamlynskyi²

2023

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The formation of sustainable prerequisites for the strategic development of the enterprise in conditions of increased risks is an urgent management task. To solve it, we propose to consider a set of tools and necessary resources, and introduce changes to the management system. Corporate social responsibility shows the interaction of business, society, and the state in the context of global conditions of modern development. In addition, implementing a CSR strategy is critical to ensuring the success of any corporate social responsibility program. A successful CSR plan is a competitive advantage, the trust of investors and customers, which must be supported by transparent, concise and positive long-term reports, statistics, anti-crisis management and a global industry plan that benefits all existing structures and future generations. The development of the field of scientific interests in this direction has relevance and strategic importance for the further spread of the paradigm of sustainable development. The enterprise must learn to overcome risks and manage them: accounting for sustainable development in business risk assessments and opportunity analysis, studying a portfolio of companies, managing supply chains, evaluating strategies and business models in order to identify threats and opportunities, cooperation with consulting companies are components of strategic management modern company. The choice of strategic goals of sustainable development and the main directions of achievement were highlighted by the authors and their expediency was also substantiated in the publication.

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Section: Literature Review and Hypothesismentioning

confidence: 99%

ESG rating of capital's effect on firms' financing sources: a case study of Asian companies

Shalbayeva,

Ismailov,

Mitkov

et al. 2023

ACCESS

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The study is aimed at presenting the relationship between corporate social responsibility (CSR) and the effect of the work of companies and areas of possible implementation in the largest Asian companies. Corporate social responsibility positively affects a company's business reputation and builds trust with customers who value improved financial performance. Objectives:The purpose of the study is to find any correlation between CSR and firm performance in Kazakhstan and allows for improvement of both the enterprise sustainable development management model and its assessment. Results: Analytical observation, monitoring, and comparison formed the basis of researching the CSR programs of selected companies. NPM, ROA, ROE, and NPM for leading Kazakh enterprises, the augmented Dickey-Fuller unit root test, and the Student's t-test indicate a correlation between CSR practices and NPM, which is an indicator of profitability. Kazakh companies show a connection between CSR practice and firm efficiency, but this only occurs through net profit margin. The analysis revealed a relatively weak quantitative relationship between the main indicators of stock market activity for companies and their net income. The results provide the basis for the hypothesis that business activity indicators in stock markets today are influenced not only by financial performance indicators. One of the key factors influencing companies' positions in stock market indices is their reputation (image) capital, which affects key indicators and ESG market ratings.Conclusions: Research data indicate the mixed impact of Corporate Social Responsibility (CSR) on corporate financial performance, with evidence of positive, negative, and insignificant relationships. Investing in CSR can enhance a company's value if certain thresholds are met. Companies are recommended to invest more in the social aspects of CSR to boost competitiveness and profitability. The results of the study are consistent with the theory and confirm the fact that CSR practices and firm performance are correlated. The association between CSR activities and financial performance was tested, and the results show that there is a positive correlation among those variables studied in Kazakhstan. The social responsibility of enterprises in Kazakhstan should be considered in two aspects: as a necessary cost item and as strategic reputational investments that contribute to the creation of a more sustainable global world and positively correlate with the financial position of the company.

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Corporate sustainability reporting and management of agricultural businesses in Ukraine

Cited by 5 publications

References 14 publications

Assessing the impact of innovative strategies on entrepreneurial growth and business development

Assessing the impact of innovative strategies on entrepreneurial growth and business development

Sustainability of Business Development in Strategic Management

ESG rating of capital's effect on firms' financing sources: a case study of Asian companies

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