Global Corporate Social Responsibility Initiatives for Reluctant Businesses

Khan, Syed Abdul Rehman; Panait, Mirela; Janjua, Laeeq Razzak; Shah, Adeel

doi:10.4018/978-1-7998-3988-0

Cited by 23 publications

(13 citation statements)

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“…Therefore, HEI leaders need to nurture and stimulate sustainable activities by improving the sustainability performance of their organization (Iqbal and Piwowar-Sulej, 2022) in order to contribute to the realization of sustainable development goals. A sustainable lifestyle is associated with green and environment-friendly society (Qazi et al ., 2021; Gigauri and Djakeli, 2021; Khan et al ., 2021). Studies show that sustainability in the higher education sector still lacks institutionalization and formalization of planning and reporting, although trends towards the usage of renewable energy and decrease of emissions are visible (Melles et al ., 2022).…”

Section: Literature Reviewmentioning

confidence: 99%

Exploring the relationship between the urbanization, higher education and female labor force with sustainable development

Apostu

Panait

Gigauri

et al. 2023

JARHE

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PurposeThe article aims to identify the determinants of the urbanization process given the magnitude of this phenomenon and also its economic, social and environmental implications and pressure on public authorities to find viable solutions in the context of sustainable development.Design/methodology/approachThe research is based on regression analysis with urbanization growth being the dependent variable and enrollment in higher education, GDP, value added by industry and female labor force as independent variables.FindingsThe main factors that favor urbanization are the increase in population, industry value-added and the female labor force. Urbanization is an objective that must be pursued differently by public authorities in developed and developing countries, given the different realities they face-population growth in developing countries, and population aging and international migration in developed countries.Research limitations/implicationsThe present research has limitations generated by the selection of independent variables, which is why in future directions, the research will consider the use of other indicators such as the number of graduates, exports as percent of GDP or migrations as a percentage of the total population. Given the complexity of the phenomenon of urbanization, future research will focus on groups of countries as they resulted from the clustering made by this article.Practical implicationsThe impact of higher education on urbanization is low, which is why the intensification of partnerships between municipal authorities and universities could be a solution that ensures not only the transfer of knowledge from academia to the public sector but also from entrepreneurs increasingly aware of the importance of promoting SDGs for urban development in the context of the challenges posed by global warming. The involvement of women in the labor market is essential for the intensification of the urbanization process. The increasing presence of women in the labor market generates an increase in the income of families, an increase in the level of education and an intensification of national and international migration. The research findings can be used by policy and decision-makers to develop appropriate urbanization and education policies and strategies.Originality/valueThe existence of inhomogeneous clusters is noticeable, which demonstrates the complexity of the urbanization phenomenon that is present in all countries around the world, but under the influence of different factors such as the export of natural resources (mainly oil) or the intensification of industrial activity. Taking into account the variables used, this study stands out in the multitude of articles published in the international mainstream.

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Section: Literature Reviewmentioning

confidence: 99%

Exploring the relationship between the urbanization, higher education and female labor force with sustainable development

Apostu

Panait

Gigauri

et al. 2023

JARHE

Self Cite

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“…Despite the fact that in the developed world, the basic needs of consumers would still be satisfied, there have been changes in how consumers now "value" the necessity of meeting these needs and, at the same time, has changed the perspective of consumers regarding their social needs. It appears to be a shift towards responsible and "social" values and behavior that has been driven by the interest of fellow citizens (Khan, et al 2021). That has occured due to the consumption that consumers consciously think about how to consume and make product choices in order to demonstrate responsibility for themselves, society and the environment.…”

Section: Literature Reviewmentioning

confidence: 99%

Business Ethics Covid and War in the Center of Lignite Production

Metsiou¹,

Broni²,

Papachristou³

et al. 2023

Journal of Finance and Investment Analysis

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Business Ethics are often characterized as a "permanent struggle against the impossible", noting that they essentially create a system in every organization that allow the organization to co-exist with its employees in the best possible way. Business Ethics usually coexist with Corporate Social Responsibility which can be described as the art of wealth accumulation and the relationship between the companies and the society. At the same time, people wonder what is the legalization of the assumption of Social Responsibility by a company, as it does not always co-exist with the ethical issues that arise and does not solve the company’s problems. Nevertheless, it has often been spoken about the need to reconcile business logic and ethics which is not at all a given and certain concept, as the business world aims to generate profit; while on the other hand, ethics has solidarity, justice and ethical values as its main basis. Seeing Business Ethics in its every aspect we come across a continuous cycle of crises without breaks in the recent decades, referring to the economic and environmental crisis, the pandemic and the recent Russian-Ukrainian war. In these circumstances, that business attempt to describe the basic dilemma in “ethical management", it is emphasized that people and companies must as individuals and as communities decide whether to follow “a priori” principles of ethics such as solidarity or equality or whether, taking into consideration first the consequences of each action, then make the decision on which principles to follow. Keywords: Business Ethics, companies, Corporate Social Responsibility, Crisis, pandemic, War.

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“…Increasingly, economists believe that maximising profit for shareholders should not be companies' primary goal, given the complex environment in which they operate and the interactions that exist with various stakeholders. Maximising the positive impact companies have on stakeholders is a new approach that contributes to the metamorphosis of companies' business strategies in various fields, especially those that generate negative social and environmental expansions, such as companies in the energy sector [5][6][7][8]. The activity of these companies is increasingly pursued by various stakeholders such as portfolio investors, consumers and researchers, given the special economic performance they register to the detriment of protecting the environment [9,10].…”

Section: Introductionmentioning

confidence: 99%

Can the Economic Value Added Be Used as the Universal Financial Metric?

et al. 2022

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Previous research into Economic Value Added (EVA) has extensively described it as a business metric of firms. Still, no studies have confirmed or denied that EVA is a universal metric and that one may use EVA in unstable markets in the same way as in stable and developed economies. Meanwhile, the green energy revolution, ensuring carbon neutrality through green innovations, requires enormous investments, and the projects realised must be appropriately tailored. These projects are realised by different firms, including those from developing countries, and investors need solid financial metrics. The study determines whether EVA is a universal metric of owners’ value in the energy sector. The research proves that this metric does not correctly reflect the limitations of emerging markets, can lead to incorrect managerial decisions and limit shareholders’ value. Therefore, there is a need to reanalyse financial metrics used in financial planning, including EVA. The study eliminates this research gap and, based on data from seven countries and the Euro Zone, explains why one may not perceive the currently used EVA formula as a universal financial metric. Consequently, the study modifies the EVA formula and presents a universal solution tailored to unstable economies. In the conducted research, literature studies were used, taking into account the methodology of a systematic literature review, including bibliometric analysis. Based on this review, it is shown that little is known about whether EVA as a financial measure can be used in energy management. Two conclusions emerged: first, the research contributes to developing the business and management science; second, identifying risks associated with EVA metrics helps practitioners. In addition, the study defined further research directions.

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Global Corporate Social Responsibility Initiatives for Reluctant Businesses

Cited by 23 publications

References 0 publications

Exploring the relationship between the urbanization, higher education and female labor force with sustainable development

Exploring the relationship between the urbanization, higher education and female labor force with sustainable development

Business Ethics Covid and War in the Center of Lignite Production

Can the Economic Value Added Be Used as the Universal Financial Metric?

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