928 results on '"Business Sustainability"'
Search Results
2. The effect of organizational learning on business sustainability – the role of distributed leadership
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Zgrzywa-Ziemak, Anna Helena, Walecka-Jankowska, Katarzyna Anna, and Zimmer, Joanna
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- 2025
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3. Factors affecting succession planning in Sub-Saharan African family-owned businesses: a scoping review
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Owusu-Acheampong, Eugene, Arkaifie, Samuel Jabez, Afriyie, Emelia Ohene, and Azu, Theodora Dedo
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- 2024
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4. Business sustainability in the era of Fintech and Regtech: a systematic literature review.
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Kanojia, Sunaina, Kaur, Supreet, and Bhavya
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BUSINESS information services ,INFORMATION services management ,FINANCIAL services industry ,MONEY laundering ,COMMERCIAL crimes ,TOURISM websites - Abstract
Purpose: The present paper examines the existing literature on how FinTech and RegTech contribute to business sustainability and the sustainability of new-age technology firms. It highlights the opportunities and challenges faced by new age technology firms, especially in emerging markets, in ushering in business sustainability and provides insights to attain economic stability, growth, and social and environmental sustainability through FinTech and RegTech. Methodology: We conducted a systematic literature review using the SALSA (Search, Appraisal, Synthesis, and Analysis) framework to examine existing literature on the topic of the current study. To analyse the evolution and development of this domain, we extract published literature from Scopus using search strings based on the PICOC (Population, Intervention, Comparison, Outcome and Context) framework population, without considering any time frame. Thematic synthesis is used for data extraction and further classification of literature to synthesize the current body of knowledge and ascertain future research agendas in FinTech, RegTech and sustainability. Finding: We find that FinTech has favourable influence on banks, SMEs and agriculture performance but is a significant challenger to the traditional finance industry. Although, there is suggestive evidence in favour of cyber security being a factor for FinTech adoption, further evidence is still required. Results highlight differences in market penetration of FinTech in developed and emerging economies, and demographic factors like the age of the population and demographic dividend of the emerging economies play an important role in the rise of FinTech in emerging economies. RegTech has continuously evolved to address the challenges posed by evolving financial technologies, with a focus on improving internal control systems. This study outlines the future research agenda in terms of protection against non-compliance, money laundering, terror financing, and cyber security, which are other major reasons for the adoption of RegTech. RegTech has also shown a positive impact on preventing financial crime, reducing compliance costs, and easy onboarding of clients. Practical implications: This paper reveals the connection between FinTech and RegTech and business sustainability, the factors that influence their adoption, and the challenges of adopting these technologies. The findings underscore the issues that policymakers must tackle to promote responsible FinTech adoption, striking a balance between innovation and sustainability. Originality: To the best of the authors' knowledge, this is the first study examining and presenting a structured literature review of the existing literature on the impact of FinTech/RegTech on business sustainability. [ABSTRACT FROM AUTHOR]
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- 2024
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5. Developing a Theoretical Framework of Export-Oriented Small Enterprises: A Multiple Case Study in an Emerging Country.
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Chaldun, Evy Rachmawati, Yudoko, Gatot, and Prasetio, Eko Agus
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Small enterprises are essential in supporting economic growth, particularly in emerging countries. Due to their constrained resources and capacities, many small businesses in developing nations encounter intricate obstacles when trying to enter the global market rapidly. The study is intended to develop a theoretical framework that can reveal the essential and integrated resources, and capabilities in the internationalization process. Instead of literature investigations, multiple case studies were adopted to explore the process of achieving the international success of Indonesia's export-oriented small enterprises. In-depth interviews with twelve small enterprises across the culinary, fashion, and craft sectors were conducted to collect qualitative data. A content analysis followed the input–process–output–outcome structure as the basis for developing the robust framework. Based on the Resource-Based View (RBV), this study reveals the synergistic role of production, networks, marketing, learning, and legal capabilities in creating competitive advantages that support business continuity and sustainability. Research findings reveal that successful internationalization is not achieved by a single capability but through an integrated bundle of capabilities that can serve market needs. This study contributes to the literature by offering a comprehensive framework that maps the input–process–output–outcome structure of the internationalization process and offers practical insights for policymakers and practitioners aiming to enhance SME competitiveness. The results underscore the importance of capability development and government support in facilitating SME global expansion. Ultimately, this study provides a basis for further investigation into the dynamic capabilities that SMEs need to thrive in international markets. [ABSTRACT FROM AUTHOR]
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- 2024
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6. Entrepreneurial Capabilities for Business Sustainability in Software Industries.
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Kim, Jaehyeon and Cho, Sung Eui
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Purpose: This study examines the influence of entrepreneurial capabilities on innovation and firm performance in software industries. Research Design, Data, and Methodology: Six entrepreneurial capabilities are investigated for their impact on software firms' innovation and firm performance. The study utilizes empirical data collected from 102 software firm executives engaged in business domains. Results: Of the entrepreneurial capabilities, creative thinking, communication capability, strategic capability, and industry knowledge influence firm performance mediation of innovation. Additionally, market insight directly impacts firm performance while technological skills does not significantly affect firm innovation and performances. Conclusions: Although technological capabilities significantly influence the entrepreneurial intentions of prospective entrepreneurs, when it comes to the innovation and firm performances of existing companies, the critical factors shift toward creative thinking, communication capability, industry knowledge, strategic capabilities, and market insight. [ABSTRACT FROM AUTHOR]
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- 2024
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7. The Impact of Heterogeneous Market Sentiments on Corporate Risk-Taking and Governance.
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Liu, Hangbo, Guo, Xuemeng, and Sheng, Dachen
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MARKET sentiment , *MUTUAL funds , *CORPORATE sustainability , *VENTURE capital companies , *CORPORATE governance - Abstract
This research focuses on how market sentiment affects corporate governance in the Chinese market. The sample covers the years from 2014 to 2023. Market sentiment is estimated using a cross-sectional absolute deviation (CSAD) model, and earnings quality is used as an indicator of the consequences of corporate governance. Both mutual fund shareholding and the number of firm visits by mutual fund analysts are verified as effective corporate governance instruments that work well in a regular market but become ineffective when the market sentiment is high. The reason for this is that managers' expectations change, and they may believe that disclosing good news during high-sentiment market periods significantly increases the share prices and helps them meet their performance requirements. In a high-sentiment market, an incentive contract encourages managers to take on projects with inappropriate risk or even manipulate earnings. One potential solution is to adopt venture capital firms' high-water mark and clawback clauses to prevent managers from focusing on short-term goals rather than seeking long-term business sustainability. [ABSTRACT FROM AUTHOR]
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- 2024
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8. Driving toward business sustainability: Empirical evidence from low‐carbon practices.
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Wang, Shuang, Tuo, Yiwen, Zhang, Xueqing, Tan, Yingshuang, and Liu, Man
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TECHNOLOGICAL innovations ,INNOVATION management ,REGRESSION analysis ,OPERATIONS management ,INDUSTRIAL management - Abstract
This study investigated the effect of low‐carbon practices on business sustainability, delved into the underlying mechanisms that exist between them, and designed the recipes tailored toward promoting business sustainability in both high and low‐level. Based on a sample of 681 firms with 1376 observations from 2020 to 2022 that disclose the low‐carbon practices in MD&A, we employed a quasi‐replication method comprising regression analysis and fuzzy‐set qualitative comparative analysis (fsQCA) to test hypotheses and explore pathways. Regression analysis results demonstrate that low‐carbon practices significantly promote business sustainability and underscore the mediation effect of technological innovation capacity, alongside the moderating influence of R&D funding and government incentives and penalties. Additionally, fsQCA results reveal a pronounced synergistic impact emanating from multiple antecedent conditions, rather than a singular factor, in driving both high‐ and low‐level business sustainability. The findings on sustainable business operations management are invaluable for decision‐makers seeking to establish a low‐carbon strategic initiative that adeptly addresses the diverse opportunities and complexities posed by global environmental concerns. [ABSTRACT FROM AUTHOR]
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- 2024
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9. Leveraging Innovation Capability and Organizational Resilience for Business Sustainability Among Small and Medium Enterprises: A PLS-SEM Approach.
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Olaleye, Banji Rildwan, Lekunze, Joseph Nembo, Sekhampu, Tsediso Joseph, Khumalo, Ntseliseng, and Ayeni, Adebanji Adejuwon William
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The purpose of this study is to investigate the effect of innovation capability on business sustainability in Nigerian small and medium-sized enterprises (SMEs), as well as consider the effects of organizational resilience, sustainable competitive advantage, and environmental dynamism as mediators in succession. A quantitative approach was adopted to collect data from 401 employees in SMEs in the Lagos Metropolitan Area of Nigeria. We conducted the analysis of the collected data using the partial least squares approach (PLS-SEM). This research establishes that innovation capabilities are beneficial for ensuring business sustainability. The findings further corroborate the importance of sustainable competitive advantage and environmental dynamism for business sustainability. Finally, the results show that environmental dynamism is important for helping small business owners sustain their businesses and increase their innovation capabilities. Similarly, the indirect paths also showed that resilience organizations, like SMEs, play a role in the paradigm. However, businesses can benefit from this study's findings by crafting strategies that adapt more quickly to changing market dynamics and capitalize on emerging possibilities. This way, businesses may take the necessary measures to stay ahead of the competition while guaranteeing sustainability. Even though the heuristic model emphasizes originality, the current research on how to successfully link innovative capacity to sustainability and build sustainability in dynamic environments is sparse. [ABSTRACT FROM AUTHOR]
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- 2024
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10. STRATEGI MANAJEMEN KEUANGAN BAGI PELAKU USAHA ULTRA MIKRO: OPTIMALKAN KEUNTUNGAN DENGAN HARGA POKOK PRODUKSI
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Richatul Jannah, Fitrarena Widhi Rizkyana, Meilani Intan Pratiwi, Risanda Alirastra Budiantoro, Tiara Dwi Lestari, Dina Nur Himmatina, Arif Agus Haidar, and Enggarningtyas Retno Pinasti
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business sustainability ,cost of goods sold (hpp) ,financial management ,improvement of welfare ,ultra-micro enterprises (umi) ,Communities. Classes. Races ,HT51-1595 - Abstract
This community service program was motivated by the limited understanding of ultra-micro business actors (UMi) in Candi Village, Semarang City, regarding financial management and calculating the Cost of Goods Sold (HPP), which affects business sustainability and welfare. The program aimed to provide education on financial management and HPP calculation to help members of the Micro Business Communication Forum (FOKUS) improve their business sustainability and economic welfare. To achieve this, the program employed the Participatory Action Research (PAR) methodology, which involved active participation from the business actors in all stages of the program. The methods used included theoretical education, interactive discussions, and practical HPP calculations relevant to the participants' businesses. The results showed a significant improvement in participants' understanding, enabling them to maintain accurate financial records and separate personal and business finances. The evaluation using the Respondent Achievement Level (TCR) showed scores above 80% in understanding financial management, HPP calculation, and business sustainability, with scores between 60% and 80% in applying this knowledge and improving welfare. The program successfully enhanced the participants' ability to manage their finances, project business profits more effectively, and increase overall business sustainability and welfare.
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- 2024
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11. Implementation of Halal Label as an Intangible Asset on Food and Beverage Business Sustainability
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M. Mukhlis Amrullah, Gugus Irianto, and Noval Adib
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intangible assets ,business sustainability ,halal ,food and beverages ,Management. Industrial management ,HD28-70 ,Business ,HF5001-6182 - Abstract
The majority of the Indonesian population adheres to Islam, and of course, halal food is the most sought-after. Halal labels are increasingly considered important in business due to their positive influence on consumer awareness and the demand for halal products. This study aims to understand how UB Coffee's management interprets the Halal Label as an asset and its implications for business sustainability. This research employs a qualitative method with a case study approach involving UB Coffee's management as the population. Key managers were selected as the sample using purposive sampling, and the data were analyzed descriptively. The results indicate that UB Coffee's management views the Halal Label as valuable and a source of pride, supporting UB Coffee's educational function as part of the educational institution UB and interpreting it as a shared value and commitment. However, UB Coffee has not yet recognized the Halal Label as an asset in its accounting system. The Halal Label has the potential to sustain UB Coffee's business due to the increasing trend of a halal lifestyle. The implications of this study highlight the importance of formally recognizing the Halal Label as an asset to strengthen UB Coffee's long-term business strategy.
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- 2024
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12. Green innovation mediates between financial innovation and business sustainability? Proof in the mexican manufacturing industry
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Gonzalo Maldonado-Guzmán
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financial innovation ,green innovation ,business sustainability ,manufacturing industry ,Finance ,HG1-9999 - Abstract
Recent studies have shown that the lack of environmental regulations in public administrations, the inability of employees to innovate knowledge and skills, the high price of green technologies, and the lack of environmental awareness in organizations are the biggest threats to the environmental and sustainable development. In this context, manufacturing companies in emerging markets should not only focus on achieving a higher level of business sustainability in economic and financial terms, but also pay attention to financial and green innovation, because they are important ways to achieve a green transformation of businesses, to improve sustainability, and to reduce carbon dioxide emissions. This study provides data on the adoption and repercussions of these activities on the sustainability of manufacturing companies in Mexico. The proposed research model was validated by applying partial least squares structural equation modeling (PLS-SEM) on a sample of 338 companies. The results of the study showed that the business sustainability of manufacturing companies significantly improved through the application of financial and green innovation. In addition, the results of the study showed that green innovation plays the role of a mediating variable in the relationship between financial innovation and corporate sustainable development.
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- 2024
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13. Impact of entrepreneurial orientation, marketing capability, and market orientation on business sustainability and corporate reputation
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Jalal Rajeh Hanaysha and Mohammed Emad Al-Shaikh
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Business sustainability ,Corporate reputation ,Entrepreneurial orientation ,Market orientation ,Marketing capability ,Environmental sciences ,GE1-350 - Abstract
Abstract This research aimed to explore the effect of market orientation, marketing capability, and entrepreneurial orientation on business sustainability and corporate reputation in Small and Medium Enterprises (SMEs). It also aimed to test the mediating effect of business sustainability between the stated factors and corporate reputation. The required data was obtained from employees of various SMEs in the United Arab Emirates (UAE) through a survey method. Structural equation modeling (PLS-SEM) was used for data analysis in order to test the hypotheses and reach at conclusions. The analysis confirmed that entrepreneurial orientation and market orientation have significant effects on business sustainability and corporate reputation. It was also found that marketing capability plays a key role in affecting business sustainability and corporate reputation. Lastly, the results revealed that business sustainability mediates the relationship among the selected factors and corporate reputation. The findings contribute to the existing empirical research on this topic and suggest that SMEs’ management should emphasize on these factors in an attempt to ensure the sustainability of their businesses and strengthen their reputations.
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- 2024
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14. FORMATION OF BUSINESS SUSTAINABILITY OF THE TRANSPORT INDUSTRY IN THE CONTEXT OF INNOVATIVE TRANSFORMATIONS
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Zarina POBEREZHNA
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business sustainability ,transport industry ,innovative transformations ,economic activity ,Engineering (General). Civil engineering (General) ,TA1-2040 ,Transportation engineering ,TA1001-1280 - Abstract
The paper describes the peculiarities of the formation of business sustainability in the transport industry, and characterizes the main factors affecting it. It was determined that for the business sustainability of the transport industry, innovative processes and transformations play a significant role, which encourage enterprises to be client-oriented and provide quality service to consumers, the ability to adapt to changes in the economic situation and new social challenges. A feature of the modern development of the transport industry is the transition to an innovative path of development, which will allow transport enterprises to occupy more priority positions compared to their competitors. The impact of innovative transformations on ensuring business sustainability of the transport industry is characterized by the use of innovations in the implementation of commercial activities, ensuring the quality of services (products), which will make it competitive. The paper offers a methodical approach to choosing a strategy for managing the business sustainability of the transport industry in the conditions of innovative transformations, which allows choosing an appropriate development strategy depending on the indicators of economic activity (IEA), the level of business sustainability (IBS), risk indicators (IBR).
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- 2024
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15. Biodiversity and ecosystem services in business sustainability: Toward systematic, value chain‐wide monitoring that aligns with public accounting.
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D'Amato, Dalia, La Notte, Alessandra, Damiani, Mattia, and Sala, Serenella
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SOCIAL responsibility of business , *BUSINESS enterprises , *FRAGMENTED landscapes , *CORPORATE sustainability , *PRODUCT life cycle assessment , *ECOSYSTEM services - Abstract
Important expectations are placed globally on the private sector to take part in co‐governing sustainability challenges. With increasing recognition that business organizations depend and impact on natural capital, biodiversity, and related ecosystem services, it has become pivotal for companies to be able to appraise and manage such issues. This calls for developing avenues through which biodiversity and ecosystem services can be incorporated in sustainability accounting (as well as reporting and response practices) by individual organizations, without neglecting a value chain‐wide perspective, and aligning that with existing efforts for public accounting of natural capital, against the overall framework of national and global sustainability goal and targets. This article addresses such a call by elaborating on the contributions of ecosystem services to business organizations and illustrating the two main challenges related to feeding private sector data into national accounting of natural capital and ecosystem services; and to understand how the two challenges identified in the previous point can be addressed by companies, we provide an overview of the fragmented landscape of management systems, approaches, methods, and initiatives dedicated to monitoring, reporting on, and responding to biodiversity and ecosystem services issues at the organizational and value chain level. We conclude by offering reflections on how to foster a shift from one‐off assessments at the company level to more systematic and comprehensive ones along the value chain. [ABSTRACT FROM AUTHOR]
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- 2024
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16. Penilaian Business Sustainability Menggunakan Model European Foundation for Quality Management pada Tenant Wirausaha Merdeka.
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Maulana, Danis, Beauty, Nur Lailany Fenny, Rachman, Farizi, and Akseptori, Ristanti
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STRUCTURAL equation modeling ,CORPORATE culture ,QUANTITATIVE research ,TOTAL quality management ,SELF-evaluation - Abstract
Copyright of Jurnal Nusantara Aplikasi Manajemen Bisnis is the property of Universitas Nusantara PGRI Kediri and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
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- 2024
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17. Impact of Enterprise Supply Chain Digitalization on Cost of Debt: A Four-Flows Perspective Analysis Using Explainable Machine Learning Methodology.
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Tang, Hongqin, Zhu, Jianping, Li, Nan, and Wu, Weipeng
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Rising costs, complex supply chain management, and stringent regulations have created significant financial burdens on business sustainability, calling for new and rapid strategies to help enterprises transform. Supply chain digitalization (SCD) has emerged as a promising approach in the context of digitalization and globalization, with the potential to reduce an enterprise's debt costs. Developing a strategic framework for SCD that effectively reduces the cost of debt (CoD) has become a key academic challenge, critical for ensuring business sustainability. To this end, under the perspective of four flows, SCD is deconstructed into four distinct features: logistics flow digitalization (LFD), product flow digitalization (PFD), information flow digitalization (IFD), and capital flow digitalization (CFD). To precisely measure the four SCD features and the dependent variable, COD, publicly available data from Chinese listed manufacturing enterprises such as annual report texts and financial statement data are collected, and various data mining technologies are also used to conduct data measurement and data processing. To comprehensively investigate the impact pattern of SCD on CoD, we employed the explainable machine learning methodology for data analysis. This methodology involved in-depth data discussions, cross-validation utilizing a series of machine learning models, and the utilization of Shapley additive explanations (SHAP) to explain the results generated by the models. To conduct sensitivity analysis, permutation feature importance (PFI) and partial dependence plots (PDPs) were also incorporated as supplementary explanatory methods, providing additional insights into the model's explainability. Through the aforementioned research processes, the following findings are obtained: SCD can play a role in reducing CoD, but the effects of different SCD features are not exactly the same. Among the four SCD features, LFD, PFD, and IFD have the potential to significantly reduce CoD, with PFD having the most substantial impact, followed by LFD and IFD. In contrast, CFD has a relatively weak impact, and its role is challenging to discern. These findings provide significant guidance for enterprises in furthering their digitalization and supply chain development, helping them optimize SCD strategies more accurately to reduce CoD. [ABSTRACT FROM AUTHOR]
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- 2024
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18. The relative importance of ESG pillars: A two‐step machine learning and analytical framework.
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Mashayekhi, Bita, Asiaei, Kaveh, Rezaee, Zabihollah, Jahangard, Amin, Samavat, Milad, and Homayoun, Saeid
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ENVIRONMENTAL, social, & governance factors ,SOCIAL responsibility of business ,CORPORATE sustainability ,CLUSTER analysis (Statistics) ,INVESTORS - Abstract
This study aims to contribute to the ongoing and inconclusive debates regarding the relative significance of environmental, social, and governance (ESG) sustainability key performance indicators and their correlation with overall sustainability performance. We present a unique two‐step analytical framework to leverage Thomson Reuters' ESG Score (ASSET4) database to determine the most impactful ESG pillars and their subcomponents at both the firm and industry levels. This framework integrates the Method based on the Removal Effects of Criteria (MEREC) with K‐means cluster analysis. Through the MEREC‐K‐means framework, we determine the two most noteworthy ESG pillars within various industries, subsequently clustering them to form peer groups for comprehensive comparative analysis. We find that while the social and economic pillars are the two fundamental pillars of ESG performance in all industries in general, this prioritization sometimes differs from industry to industry. This research makes theoretical and practical contributions by introducing a novel dimensionality reduction technique in ESG pillars, offering valuable insights for strategic resource allocation in corporate social responsibility (CSR) and sustainability initiatives. The implications of our findings extend broadly to investors, policymakers, and practitioners, empowering them to make more informed decisions. [ABSTRACT FROM AUTHOR]
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- 2024
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19. ENTREPRENEURIAL MARKETING AND BUSINESS SUSTAINABILITY IN BAYELSA STATE.
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Ekankumo, Banabo, Perearau, Otobo, and Rosemary, Wariowei Ebiere
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BUSINESSPEOPLE ,CRONBACH'S alpha ,BUSINESS education ,RESEARCH questions ,MARKETING - Abstract
This study investigated entrepreneurial marketing and business sustainability in Bayelsa State. The study formulated three specific objectives, three research questions and three hypotheses. The study adopted a descriptive survey design. The population of this study consists of 900 entrepreneurs and employees of the fifteen selected small scale businesses under investigation in Yenagoa Bayelsa State. Taro Yamane formula was used to arrive at the sample size of 200. A purposive sampling method was adopted. A structural questionnaire consisting of 15-item questions on a 4-point rating scale titled "Entrepreneurial Marketing and Business Sustainability Questionnaire (EMBSQ) was used for data collection. The research instrument was validated by three experts in the Department of Business Education of Ignatius Ajuru University of Education Port Harcourt for face validation. The reliability of the instrument was ascertained using the Cronbach Alpha Reliability method. After the analysis, a reliability coefficient index of 0.78 was obtained which deemed the instrument highly reliable. To analyse the data collected, the mean and standard deviation was used while the hypotheses was tested using the t-test at 0.05 alpha level of significance. Findings revealed that entrepreneurial proactiveness, innovativeness and calculated risk-taking to a high extent relate to business sustainability in Bayelsa State. Hence, entrepreneurial marketing dimensions adopted for entrepreneurial ventures are very important and indispensable for the sustainability of the business. Based on the findings of the study it was recommended that entrepreneurial proactiveness should be propagated and encouraged as it seeks novel ways in creating value for the customers. Entrepreneurs should continue to invest in innovation that yields positive and significant influences toward the sustainability of business in Bayelsa State of Nigeria. [ABSTRACT FROM AUTHOR]
- Published
- 2024
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20. The Role of Entrepreneurship Training on Business Sustainability (Study on MSMEs Fostered by Rumah BUMN Bandung).
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Sidiq, Ryan Fazri, Fauziyah, Azizah, and Yusuf, Ismail
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CORPORATE sustainability ,ENTREPRENEURSHIP ,SMALL business ,UNEMPLOYMENT statistics ,REGRESSION analysis - Abstract
The sustainability of Bandung City MSMEs businesses is an important factor in reducing the problem of unemployment levels and improving the economy of Bandung City. Rumah BUMN Bandung is one of the government's efforts to support the sustainability of Bandung City MSMEs businesses. This research aims to find out how much influence entrepreneurship training has on the business sustainability of MSMEs fostered by Rumah BUMN Bandung. This research focuses on 96 MSMEs fostered by Rumah BUMN Bandung who have actively participated in training, programs or events at Rumah BUMN Bandung at least 3 times. This study using survey method with a descriptive and verification quantitative approach. Data collection was carried out through distributing questionnaires and literature studies. The data analysis technique for this research uses simple linear regression analysis. In Addition, t-test and coefficient of determination were used to test the influence of entrepreneurship training on business sustainability. This research shows that Entrepreneurship Training can influence around 79.3% of the sustainability of UMKN businesses guided by Rumah BUMN Bandung, while 20.7% of the sustainability of UMKM businesses fostered by Rumah BUMN Bandung can be influenced by other factors such as managerial, innovative aspects and external support. [ABSTRACT FROM AUTHOR]
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- 2024
- Full Text
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21. Unveiling the dynamics of the business sustainability model: a holistic analysis of financial and digital transformation
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Indra Siswanti, Hosam Alden Riyadh, Yohanes Ferry Cahaya, Yananto Mihadi Putra, and Baligh Ali Hasan Beshr
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Business sustainability ,capital quality ,digital transformation ,financial performance ,financing quality ,Financial Accounting ,Business ,HF5001-6182 ,Management. Industrial management ,HD28-70 - Abstract
The paper introduces a new model that reveals multifaceted financial factors impacting the sustainability of Islamic rural banks, including financing quality, capital quality, financial performance, and digital transformation. Among these, several financial-influencing aspects are associated with business sustainability. The research objectives, thus, are to investigate, first, the impact of financing quality and the quality of capital on business sustainability; second, the impact of financing quality and the quality of capital on financial performance; third, financial performance in mediating the effect of financing quality and capital quality on business sustainability; and fourth, digital transformation in moderating the effect of financial performance on business sustainability. The study employed quantitative research methods, utilizing data from 164 Islamic rural banks’ financial and annual reports for the 2016–2021 period. The authors then conducted the analysis using partial least squares (PLS). The research findings unveiled that financing and capital quality exerted an impact on sustainable businesses. Furthermore, financing and capital quality had a significant impact on Islamic rural banks’ financial performance. The study also uncovered that financial performance completely mediated the impact of financing quality on the sustainability of Islamic rural banks. On the other hand, financial performance was partially showcased to mediate the impact of capital quality on a business’s sustainability. In addition, digital transformation moderated the effect of financial performance on the sustainability business of Islamic rural banks.
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- 2024
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22. The dynamics of smallholder cattle business systems in Zambia: Geographical opportunities, challenges and sustainability business implications
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Enock Siankwilimba, Chisoni Mumba, and Bernard Mudenda Hang’ombe
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Smallholder cattle business ,livestock market ,business sustainability ,market access ,environmental challenges ,climate variability ,Agriculture ,Food processing and manufacture ,TP368-456 - Abstract
The study examines the potential of Zambia’s cattle industry as a solution to food insecurity, while also addressing obstacles such as climate change, disease outbreaks and limited technology adoption. Employing the desktop review study design and drawing on data from the 2022 Livestock Survey Report and the 2017/2018 fisheries and livestock census, augmented by a systematically conducted literature review encompassing 63 peer-reviewed articles, the study provides insights into the geographical dynamics, challenges and opportunities within Zambia’s cattle subsector. It identifies key factors influencing sustainable livestock production, including cattle management systems, environmental characteristics and socio-economic factors. Government policies, market dynamics and infrastructure development are highlighted as moderating factors shaping the viability of cattle enterprises. The study reveals notable variations in cattle populations across regions and identifies obstacles faced by smallholder farmers, including limited financing and regulatory burdens. Despite challenges, the study suggests that fostering sustainable cattle business models in Zambia is achievable through innovative strategies such as enhancing value propositions and improving market access. By addressing these challenges and seizing opportunities, Zambia can enhance its cattle industry, contributing to sustainable development, food security and economic prosperity.
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- 2024
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23. پژوهشهای کارآفرینی
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entrepreneurship ,entrepreneurship education ,business sustainability ,entrepreneurship promotion ,Business ,HF5001-6182 - Published
- 2024
24. Achieving Social Entrepreneurship Sustainability through the Development of Human Resource Business Partner Competency
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Bernadinne Cintantya Pradipta and Agus Sugiarto
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competency ,business sustainability ,social entrepreneurship ,Business ,HF5001-6182 ,Management. Industrial management ,HD28-70 - Abstract
Building a sustainable business is the top priority of all business actors. The easiest way to accomplish this is to start a business based on social entrepreneurship, which primarily focuses on developing human resource (HR) business partner competency. This study aims to identify reasons for the need to develop the HR business partner competency with a social entrepreneurship concept and the challenges experienced by IKAT Indonesia in the weaving industry. A case study approach was employed with multiple informants who had relevant experience and knowledge. The results show that the reasons included the need to improve business partners’ motives, traits, self-image, knowledge, and skills. The development of HR business partner competency with the social entrepreneurship concept was implemented by using several methods, including projects, workshops, and coaching and mentoring. Further, the challenges faced consisted of limited access, education, and motivation, and the younger generation’s lack of interest in maintaining woven crafts. These findings are expected to be used as references in social entrepreneurship-based business sustainability, particularly in terms of developing the HR business partner competency.
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- 2024
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25. Corporate Sustainability: A Bibliometric Analysis Approach
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Amir Mohammad Colabi and Fatemeh Sharaei
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corporate sustainability ,business sustainability ,bibliometric analysis ,bibliographic coupling ,citation ,Political institutions and public administration (General) ,JF20-2112 - Abstract
Abstract This article reviews the literature on articles in corporate sustainability. By reviewing the authors, citation structure, publications, and nations, this study reviews the progress of this field and summarizes the research process. This bibliographic analysis examines the literature on corporate sustainability and shows the structure of articles and research trends. The information gathered is extracted from the primary collection of the Web of Science database from 2001 up to 2022. The number of articles obtained is 2246 articles. VOSviwer software is used to perform initial analysis and citation analysis, co-citations, bibliographic coupling, co-authoring, among others. Generally, there are eight main clusters of articles on corporate sustainability: (1) corporate and entrepreneurial sustainability; (2) corporate sustainability strategies; (3) corporate sustainability measurement indicators, (4) corporate sustainability and business transformation management; (5) corporate sustainability and sustainable development goals and reports; (6) corporate sustainability and its effect on financial efficiency; (7) ethics and social responsibility and (8) theories of corporate sustainability. The research contribution is to show the evolution of this issue so that researchers can use it in their theoretical and research frameworks.IntroductionToday, the concept of corporate sustainability has become an important and debatable topic in many industries and businesses because of increasing awareness of its benefits and positive effects on the survival of companies. To survive in a turbulent environment and a competitive market, corporate executives must not only focus on economic aspects, but also on the sustainable performance of companies (Colabi, Sharaei and Alipour, 2022:119). Because companies are the foundation of an advanced economic life and turn land resources into wealth, there is a need to review their activities with respect to the health of the land, society and individuals. Corporate sustainability refers to meeting the direct and indirect needs of a company and its stakeholders without compromising the ability to meet the future needs of stakeholders. corporate sustainability is defined as the company's voluntary activities that reflect social and environmental concerns in the business. Corporate sustainability is considered an integrated and systematic approach that leads to the optimal use of social, economic, and natural capital; Corporate sustainability also leads to value creation for the company and society, balance of financial and non-financial resources, and accountability for the company's activities through the creation of social responsibility (Ioannou and Serafeim, 2019:3). As companies influence society, the importance of corporate sustainability for businesses, consumers, and researchers is increasing. Companies are now fully aware of the competitive advantage of corporate sustainability. Thus, they focus on the role of corporate sustainability and value creation not only in making a profit, but also in all aspects of ethics and society and the environment and stakeholder issues (Galvao et al, 2019:291). Bibliometric analysis is a suitable method for reviewing scientific works and assessing the performance of authors, publications, and countries in a particular subject, which also shows how their cooperation networks work. In addition, bibliometric analysis can reveal the directions and controversial issues in a research field and make it possible to identify existing gaps in the study area (Yang et al, 2019:15). The diversity and variety of topics in a field can indicate the diversity of subjects and the multidisciplinary nature of that field of research, a diverse field encompassing a variety of subjects. As mentioned in recent decades, the concept of corporate sustainability and sustainability strategies has grown significantly and investors have recently become more aware of corporate sustainability. This research has been done with the aim of analyzing the bibliography of corporate sustainability and reviewing the authors, countries and developments in this field. Authors' co-citation analysis was also performed using maps. An analysis of the progress of corporate sustainability studies is also provided.MethodologyBibliometric analysis has been introduced as a scientific method for understanding the temporal evolution of a research field. Bibliometric analysis is performed because of its ability to create an intellectual structure without mental bias (Xue and Wang, 2018:479). Bibliometric technique is an interdisciplinary method that enables effective mapping of the studied subjects during the development of a research field (Khanra and Dhir, 2020:739). The present study conducts a bibliometric analysis of the studies that incorporate sustainability and is descriptive-analytic research. The study population consists of all the scientific productions incorporating sustainability scope indexed in the Web of Science database to be able to perform the bibliometric analysis; the primary database of the Web of Science (WoS) database was consulted. The following search equation was used: topic: ("corporate sustainability") or topic: ("business sustainability") or topic: ("Sustainable company") or topic: ("sustainable start-up"). The search was refined, and the most helpful article or review file types were considered. The timeframe was from 2001 to 2022. The SSCI index was used. Based on this experience, with the aid of search refine with the above equation, 2246 documents have been determined.Discussion and ResultsAccording to the conceptual map, eight clusters related to corporate sustainability were identified: (1) corporate and entrepreneurial sustainability; (2) corporate sustainabil-ity strategies, (3) corporate sustainability measurement indicators, (4) corporate sustainability and business transformation management, (5) corporate sustainability and sus-tainable development goals and reports; (6) corporate sustainability and its effect on financial efficiency; (7) ethics and social responsibility and (8) theories of corporate sustainability. The results of the research and cluster analysis show that one of the most important as-pects of corporate sustainability is its relationship to entrepreneurship. Entrepreneurship is considered a strategy for the development of countries, creating social welfare and rec-ognizing suitable opportunities to increase production.ConclusionIn general, studies in the field of corporate sustainability have focused on entrepreneurial and innovative activities, changing the business model and creating a sustainable business model, sustainable supply chain management, corporate sustainability strategies, corporate sustainability metrics and ethics and social responsibility. Since entrepreneurial activities and how to change the business model are very important in creating corporate sustainability, future research should develop models to facilitate the innovation mechanism in the business model to create corporate sustainability. Researchers can also change their corporate processes to achieve development goals.
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26. Using Adaptive Potential to Counteract Crisis Situations in the Context of Ensuring Financial Security and Business Sustainability of Enterprises
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Andriі Stasyshyn, Ruda Iryna, Tkachuk Dmytro, and Galika Volodymyr
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financial security ,business sustainability ,enterprises ,crisis situations ,adaptive potential ,modeling ,digital transformation ,business resilience ,crisis conditions ,l53 ,c02 ,m21 ,o12 ,Finance ,HG1-9999 - Abstract
The main purpose of the article is to identify key factors of adaptive potential that can have a significant impact on counteracting crisis situations and increasing the level of financial security and business resilience of enterprises. The object of the study is determination of the factors of adaptive potential that directly affect the system of financial security and business sustainability of a enterprise. The scientific task is to model the hierarchical ordering of the key factors of adaptive potential according to the level of their significance in influencing crisis situations in the context of ensuring the financial security and business sustainability of enterprises. The research methodology involves the use of expert analysis methods with the additional use of the Delphi method, the method of hierarchical analysis, and graph theory. As a result of the study, a list of the most significant factors of adaptive potential for countering crisis situations was presented. As a result, the factors of adaptive potential are hierarchically ordered from the most significant to the least significant in ensuring the financial security of the enterprise. The innovativeness of the results obtained is revealed through the proposed approach to modeling the determination and order of factors of adaptive potential to counteract crisis situations. The study is limited by not taking into account the specifics of specific enterprises. Prospects for further research are aimed at taking into account the specific type of activity of enterprises for a specific country.
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- 2024
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27. Analyzing the Effect of Innovation and Strategic Planning on MSME Performance, Utilizing Technology Adoption as a Moderator.
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Lestari, Nurul Sukma, Rosman, Dendy, and Triana, Ika
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INNOVATION adoption ,PERFORMANCE technology ,SMALL business ,SNOWBALL sampling ,EVIDENCE gaps - Abstract
This research intends to assess the influence of innovation and strategic planning on MSME performance, utilizing technology adoption as a moderator. The work fills the gap in previous research by integrating these four aspects, which have not been fully explored together before. Using a quantitative methodology, this study focuses on MSMEs in the Jakarta region. The researcher adopted the snowball sampling technique, seeking the cooperation of research participants to identify suitable subjects for further inquiry. Friends operating MSME firms were requested to disseminate questionnaires to their contacts, leveraging personal ties with these business owners. A total of 220 surveys were successfully conducted. The results reveal that innovation has a considerable negative influence on MSME performance. Conversely, strategic planning favourably improves MSME performance, according with past studies. Additionally, technology adoption mitigates the harmful effects of innovation on MSME performance and improves the influence of strategic planning on performance improvement. This study contributes to the understanding of MSME success by evaluating the combined effects of innovation, strategic planning, and technology adoption. It fills a gap in existing research by merging these factors and studying their interaction. The findings give useful insights for policymakers, business owners, and researchers seeking to promote the sustainability and competitiveness of MSMEs in Indonesia, particularly in Jakarta. Moreover, the study shows the importance of strategic planning and technology adoption as tools to minimize the detrimental impact of innovation on MSME performance, presenting practical implications for MSME development strategies. [ABSTRACT FROM AUTHOR]
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- 2024
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28. Harnessing Artificial Intelligence for Business Sustainability: Strategies for a Resilient and Adaptive Future.
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Saxena, Rachana, Shoeb, Mohd., Srivastava, Ajay Kumar, Hayat, Mohsina, Yadav, Ajay, and D., Deepak
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MACHINE learning ,DATA privacy ,WASTE minimization ,ALGORITHMIC bias ,SUPPLY chain management ,CORPORATE sustainability ,SMART power grids - Abstract
Sustainability has become a top priority in today's corporate climate due to growing environmental concerns and social pressure for moral behavior. Artificial Intelligence (AI) integration offers a revolutionary path toward accomplishing sustainability objectives, building resilience, and guaranteeing long-term viability. This chapter delves into the many ways that artificial intelligence (AI) might improve corporate sustainability. It clarifies the ways in which AI technology can be used to build adaptable and resilient businesses. The talk opens with a summary of sustainability in the business world, highlighting the main obstacles and chances that businesses must overcome in order to pursue sustainable development. It draws attention to how urgently creative solutions for waste minimization, resource management, and moral supply chain procedures are needed. In this sense, artificial intelligence (AI) shows itself to be a potent instrument that may improve decision-making, optimize operations, and promote a sustainable culture. The chapter explores particular AI uses that support long-term commercial viability. These include AI-driven insights for sustainable supply chain management, machine learning algorithms for waste reduction and recycling, and predictive analytics for effective resource usage. Businesses may significantly increase operational efficiency and lessen their environmental impact by utilizing big data and sophisticated analytics. In order to demonstrate how AI may help mitigate the effects of climate change, its potential to drive energy efficiency through smart grid technology and real-time energy management systems is also explored. The strategic implications of integrating AI for company resilience are also covered in this chapter. It emphasizes how crucial AI is to improving adaptive capacity and helping firms more efficiently foresee and react to crises. The chapter illustrates how AI-driven innovations have helped firms overcome obstacles brought on by shifting customer expectations, environmental changes, and economic instability through case studies and actual data. But there are difficulties in integrating AI for sustainability. The chapter discusses ethical issues such as algorithmic biases, data privacy, and the socioeconomic effects of AI use. It asks for a well-rounded strategy to guarantee that the advantages of AI are dispersed fairly and in line with larger social ideals. The emphasis is on the necessity of strong governance frameworks and moral principles to direct the use of AI and guarantee the openness, accountability, and inclusivity of AI-driven sustainability projects. This chapter concludes by arguing that AI has the enormous potential to transform corporate sustainability by promoting adaptation and resilience in the face of new obstacles. Businesses may improve their sustainability performance and obtain a competitive advantage in a market where consumers are becoming more conscientious by adopting AI technology. The chapter promotes an aggressive, all-encompassing strategy for integrating AI that combines scientific advancement with the ideas of sustainable development. A resilient and sustainable future will be shaped by enterprises' strategic alignment of AI with sustainability objectives as they set out on this revolutionary path. [ABSTRACT FROM AUTHOR]
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- 2024
29. Navigating Sustainability and Inclusivity: Women-Led Community-Based Businesses in Post-Disaster Recovery.
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Matsumoto, Aimi and Ishiwatari, Mikio
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Community-based businesses have emerged as a means of addressing socio-economic challenges in the aftermath of disasters. This study investigates the contribution of women-led community-based businesses to recovery and their long-term sustainability. It draws upon case studies in the Tohoku region of Japan and Banda Aceh, Indonesia, areas impacted by major earthquakes and tsunamis over a decade ago. Qualitative data were collected through semi-structured interviews. The findings reveal that the community-based businesses surveyed had evolved from mere "reconstruction goods" by maintaining sustained commitment and developing products. Enhancing organizational credibility through quality improvement efforts was crucial for securing long-term contracts with private companies, a key factor for business continuity. However, prioritizing sustainability often came at the cost of diminished community inclusivity, as differences in skill levels and misaligned values among participants led to departures. This study highlights the challenges in balancing business longevity with maintaining businesses' role as spaces for social interaction and community rebuilding. [ABSTRACT FROM AUTHOR]
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- 2024
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30. DESENVOLVIMENTO SUSTENTÁVEL COMO FATOR IMPULSIONADOR DO DESEMPENHO EMPRESARIAL.
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de Sousa Lima, Letícia, Roberto da Silva, Felipe, and Magalhães de Alencar, Rafaela Cajado
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The article aims to assess whether the level of adherence to the Sustainable Development Goals (SDGs) of the UN's 2030 Agenda on the European continent influences good practices in the business performance of organizations. To this end, a multilevel analysis was carried out using the Eurobarometer 486 database from a sample of 35 countries. Analysis of the data showed a direct and positive influence of compliance with the SDGs, showing that issues such as poverty eradication, access to essential services, raising educational levels through literacy policies are empirically essential in predicting the level of performance of organizations. [ABSTRACT FROM AUTHOR]
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- 2024
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31. Liderazgo femenino en los consejos y respuesta corporativa a las iniciativas de sostenibilidad: Un caso exploratorio en cooperativas agroalimentarias.
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García-Martí, Elia, Hernández-Ortiz, Maria Jesús, Ruiz-Jiménez, Maria del Carmen, Pedrosa-Ortega, Cristina, and Martínez-Jiménez, Rocío
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LEADERSHIP in women , *SHARED leadership , *WOMEN executives , *BOARDS of directors , *LEADERSHIP , *WOMEN leaders - Abstract
Currently, there is great interest in the participation of women in decision-making, as different studies show that the presence of women in management influences the improvement of the company's sustainability. This paper contributes to a better understanding of the characteristics of female leadership in agri-food cooperatives through a reference case study in Spain. The aim has been to analyse the process of women's access to the board of directors, the characteristics of their leadership and the influence that their leadership has on business sustainability, measured through its three ESG (Environmental, Social and Governance) components. The results indicate that women join the board after demonstrating their professional skills to the members. Their leadership can be defined as transformational and is supported by the cooperative culture. It also shows that there is a positive relationship between women in leadership positions and the improvement of sustainability in agri-food cooperatives. [ABSTRACT FROM AUTHOR]
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- 2024
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32. Competitive Advantage as a Bridge to Increase SMEs Sustainability.
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Budiarto, Dekeng Setyo, Septiani, Rizki Dwi, Yennisa, and Herawan, Tutut
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SMALL business ,CORPORATE sustainability ,DIGITAL technology ,COVID-19 pandemic ,MANAGERIALISM - Abstract
Business competition forces companies, especially SMEs, to choose strategies to keep a competitive advantage and business sustainability. This study aims to test whether digitalization and creativity affect competitive advantage. In addition, this study also examines whether competitive advantage affects business sustainability. This research used a questionnaire given to 162 SME owners via Google Forms. The results of the study show that digitalization and creativity affect competitive advantage. SMEs that use digital technology and make products or services more creative will quickly achieve a competitive advantage. In addition, competitive advantage affects sustainability because an efficient business will easily compete and survive for a long time. The COVID-19 pandemic, which is starting to improve, requires SMEs owners to use the right strategy to keep their businesses running. The managerial capabilities of SMEs owners must improve with the rapid changes in the environment to maintain excellence. [ABSTRACT FROM AUTHOR]
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- 2024
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33. Business sustainability practices and financial performance in the creative economy sector in Indonesia: Moderating role of power distance and long-term orientation.
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Herli, Mohammad, Tjahjadi, Bambang, and Hamidah, Hamidah
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Purpose: This research explores the effect of business sustainability practices (BSP) on micro, small, and medium enterprises (MSMEs) financial performance, with cultural dimensions serving as moderating variables. Design/methodology/approach: A survey strategy was used to gather data from 467 MSMEs keris respondents in Indonesia. Meanwhile, the hypothesis was validated using the Partial Least Squares Structural Equation Modeling (PLS-SEM) method. Findings: The results suggested that incorporating BSP positively impacted financial performance. This research also reported the moderating effects of culture on the relationship between BSP and financial performance. However, there was no evidence to support the idea that long-term orientation (LtO) in BSP moderated financial performance. Research limitations/implications: This research should be carried out in other sectors to observe the differences in characteristics of each MSMEs location. Additionally, cultural dimensions were considered to obtain more complex results. Theoretical implication: BSP enhanced MSMEs financial performance, particularly when cultural factors such as power distance (PwD) were considered. Managerial implication: The results implied that MSMEs systematically integrated BSP into business strategies and operations. Meanwhile, cultural factors, such as PwD could be reported in the implementation of these practices to optimize financial performance. Originality/value: Novel insights were provided into the effect of BSP on MSMEs financial performance, emphasizing the role of cultural factors. This research advanced the literature by showing the moderating influence of the cultural context on practices and identified a gap regarding LtO. [ABSTRACT FROM AUTHOR]
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- 2024
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34. Customer experience management: A study of humanic versus mechanic clues and business sustainability of selected Nigeria local fashion brands.
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Aremu, Fisayo Joseph, Ogunnaike, Olaleke Oluseye, Onayemi, Oluwakemi Oluwafunmilayo, Aikomo, Oluwaseun Olumide, Olanrewaju, Kofoworola Misturat, and Gberevbie, Marvellous Aghogho
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SUSTAINABLE development ,STRUCTURAL equation modeling ,BUSINESSPEOPLE ,SUSTAINABILITY ,CLOTHING industry ,SOCIAL sustainability - Abstract
The primary aim of this study was to evaluate the impact of humanistic and mechanical indicators on the concept of sustainability. Embarking designers create brands to fulfill creative needs, but fashion entrepreneurs must evaluate challenges with discernment and expertise, understanding customer-centric product design. This study examined how local fashion brands in Nigeria manage customer experience in accordance with this fundamental principle of sustainability. In order to accomplish the stated aims, two hypotheses were derived based on the study questions posed. The study employed a mixed method, where a survey and an interview were used to get responses from the employees and customers. The survey was generated via a structured questionnaire and distributed online. The investigation employed a descriptive research approach, distributing and retrieving 103 copies of the questionnaire from the employees of the two selected local fashion brands. Using the structural equation model (SEM-Smart-PLS), the study found that humanic and mechanic clues both have a significant influence on sustainability. Based on the findings, it was recommended that fashion companies ought to provide training to their personnel to surpass client expectations, cultivate a welcoming work environment, and strategically position fittings to generate a favourable psychological influence on prospective buyers. [ABSTRACT FROM AUTHOR]
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- 2024
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35. FORMATION OF BUSINESS SUSTAINABILITY OF THE TRANSPORT INDUSTRY IN THE CONTEXT OF INNOVATIVE TRANSFORMATIONS.
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POBEREZHNA, Zarina
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SUSTAINABLE development ,QUALITY of service ,ECONOMIC indicators ,INNOVATIONS in business ,ECONOMIC activity - Abstract
The paper describes the peculiarities of the formation of business sustainability in the transport industry, and characterizes the main factors affecting it. It was determined that for the business sustainability of the transport industry, innovative processes and transformations play a significant role, which encourage enterprises to be client-oriented and provide quality service to consumers, the ability to adapt to changes in the economic situation and new social challenges. A feature of the modern development of the transport industry is the transition to an innovative path of development, which will allow transport enterprises to occupy more priority positions compared to their competitors. The impact of innovative transformations on ensuring business sustainability of the transport industry is characterized by the use of innovations in the implementation of commercial activities, ensuring the quality of services (products), which will make it competitive. The paper offers a methodical approach to choosing a strategy for managing the business sustainability of the transport industry in the conditions of innovative transformations, which allows choosing an appropriate development strategy depending on the indicators of economic activity (IEA), the level of business sustainability (IBS), risk indicators (IBR). [ABSTRACT FROM AUTHOR]
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- 2024
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36. Green Entrepreneurship for Business Sustainability: Do Environmental Dynamism and Green Structural Capital Matter?
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Tekala, Khaled, Baradarani, Sarvnaz, Alzubi, Ahmad, and Berberoğlu, Ayşen
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With the appearance of rising environmental challenges, businesses are increasingly recognizing the imperative of adopting sustainable practices. Within this context, the concept of green entrepreneurship has emerged as a pivotal force driving environmentally responsible innovation and economic growth. Employing Green Theory, this study examines the impact of green entrepreneurship (GEN) on business sustainability (BS) through the mediation role of green structural capital (GSC) and the moderation influence of environmental dynamism (ED). Using a quantitative research approach, 443 owners and managers of small and medium-sized enterprises (SMEs) (e.g., wholesale and retail trade, manufacturing, building materials, and scientific, professional, and technical activity enterprises) in Istanbul and Izmir, Turkey, were surveyed using both on site and electronic questionnaires. The data from the study were statistically analyzed using SPSS V.27 and structural equation modeling (SEM). The findings of this study show that green entrepreneurship (GEN) significantly enhances business sustainability (BS) and green structural capital (GSC), with GSC serving as a vital mediator in the GEN-BS relationship; however, environmental dynamism (ED) does negatively moderate the GEN-BS relationship, indicating that GEN's positive impact on BS is accentuated under lower environmental uncertainties. Additionally, ED's moderation effect is observed in the GEN-BS relationship via GSC, particularly under conditions of reduced dynamism, underscoring the nuanced role of environmental factors in sustainable entrepreneurship. The findings demonstrate green entrepreneurship and structural capital as key drivers for SME sustainability amidst environmental fluctuations. [ABSTRACT FROM AUTHOR]
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- 2024
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37. Green innovation mediates between financial innovation and business sustainability? Proof in the mexican manufacturing industry.
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Maldonado-Guzmán, Gonzalo
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SUSTAINABLE development ,CARBON emissions ,ENVIRONMENTAL organizations ,STRUCTURAL equation modeling ,GREEN business - Abstract
Recent studies have shown that the lack of environmental regulations in public administrations, the inability of employees to innovate knowledge and skills, the high price of green technologies, and the lack of environmental awareness in organizations are the biggest threats to the environmental and sustainable development. In this context, manufacturing companies in emerging markets should not only focus on achieving a higher level of business sustainability in economic and financial terms, but also pay attention to financial and green innovation, because they are important ways to achieve a green transformation of businesses, to improve sustainability, and to reduce carbon dioxide emissions. This study provides data on the adoption and repercussions of these activities on the sustainability of manufacturing companies in Mexico. The proposed research model was validated by applying partial least squares structural equation modeling (PLS-SEM) on a sample of 338 companies. The results of the study showed that the business sustainability of manufacturing companies significantly improved through the application of financial and green innovation. In addition, the results of the study showed that green innovation plays the role of a mediating variable in the relationship between financial innovation and corporate sustainable development. [ABSTRACT FROM AUTHOR]
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- 2024
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38. Eco-Innovation Adoption in Emerging Markets: Analyzing Managerial and Environmental Factors in Indonesian SMEs.
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Munawar, Fansuri, Kaniawati, Keni, Handayani, Rini, Sukma, Andhi, Yudanegara, Aditya, and S. P., Sri Wiludjeng
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EMERGING markets ,SUSTAINABILITY ,STRUCTURAL equation modeling ,PARTIAL least squares regression ,ENVIRONMENTAL protection - Abstract
Purpose — This study examines the influence of managerial and environmental factors on the adoption of eco-innovation practices to improve business sustainability in small manufacturing firms. Method — The research employs a quantitative approach, gathering primary data from 110 owners and managers of small manufacturing firms in Bandung, Indonesia. Structural Equation Modeling (SEM) is utilized to analyze the relationships between managerial and environmental drivers, eco-innovation practices, and business sustainability. The data was analyzed using the Partial Least Squares (PLS) method via SmartPLS 3.0 software. Result — The study's findings demonstrate that both managerial drivers (such as eco-commitment, eco-efficiency, and eco-capability) and environmental drivers (including eco-consumer demand, eco-regulation, and eco-competition) have a significant positive impact on the adoption of eco-innovation practices. These eco-innovation practices, in turn, significantly contribute to enhancing business sustainability. This underscores the importance of integrating sustainable practices into business operations and proactively responding to environmental pressures to achieve long-term competitive advantage. Novelty — This research offers new insights by focusing on small manufacturing firms in an emerging market—a context that has been relatively underexplored in existing literature. Unlike previous studies that mainly target large enterprises or developed markets, this study highlights the critical role of eco-innovation in promoting sustainability within small firms in Indonesia. Moreover, it distinguishes the unique impacts of both managerial and environmental drivers, providing a more comprehensive understanding of the factors that motivate the adoption of eco-innovation practices in small enterprises. [ABSTRACT FROM AUTHOR]
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- 2024
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39. Consumer Perception Towards Green Products: Implications For Sustainable Marketing Strategies.
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Pravin, Pratik
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Growing environmental awareness has prompted consumers, marketers, researchers, and policymakers to adopt various green methods and strategies in addressing environmental challenges. This research paper aims to examine the influence of marketing strategies employed by environmentally conscious companies on consumer purchase decisions, with a specific focus on consumer perceptions of green products. The study primarily targets consumers who have previously purchased green products in order to accomplish this objective. Statistical analysis reveals a significant relation between Product Factors, Marketing Strategies, and Consumers' Green Values. The research data was collected from a sample size of 118 individuals. Building upon existing literature, this study contributes to a deeper understanding of the impact of marketing strategies on consumer behavior, particularly in the context of environmentally friendly products. The research findings reveal that consumers are highly concerned about environmental protection and have a positive attitude towards green products. They prioritize ecological sustainability and show an increasing adoption of environmentally friendly items. [ABSTRACT FROM AUTHOR]
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- 2024
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40. Circular Economy Strategies for Business Sustainability: A Systematic Review and Meta-analysis.
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Hamouda, Hassen N.
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SUSTAINABILITY ,CIRCULAR economy ,SUPPLY chains ,ENVIRONMENTAL research ,ORGANIZATIONAL performance - Abstract
The relationship between corporate sustainability and circular economy (CE) methods is presented in this paper through a systematic review and meta-analysis. The importance of resource and environmental sustainability from a commercial standpoint is covered in the first section of the article, which also emphasizes the increasing interest in the circular economy among researchers. To direct the analysis, a dynamic priority quadrant research framework is presented. Using a systematic literature review and meta-analysis methodology, the study conducts an extensive examination of excellent research pieces published between 2011 and 2020. The findings highlight important concepts that have been studied in the literature and investigate the variety of supply chain, organizational, and functional management tactics that practitioners have used to put the circular economy's tenets into practice. The study also examines how circular economy methods affect financial, social, and environmental performance metrics used in business sustainability assessments. The results provide insights into the possible advantages of switching to circular business models and management practices, and they also aid in the understanding of the relationship between CE strategies and firm performance. This study highlights the significance of sustainable business strategies based on CE principles and is in line with the research focus on the circular economy. [ABSTRACT FROM AUTHOR]
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- 2024
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41. USING ADAPTIVE POTENTIAL TO COUNTERACT CRISIS SITUATIONS IN THE CONTEXT OF ENSURING FINANCIAL SECURITY AND BUSINESS SUSTAINABILITY OF ENTERPRISES.
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ANDRII, STASYHYN, RUDA, IRYNA, TKACHUK, DMYTRO, and GALIKA, VOLODYMYR
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FINANCIAL security ,DIGITAL transformation ,DELPHI method ,BUSINESS enterprises ,GRAPH theory - Abstract
The main purpose of the article is to identify key factors of adaptive potential that can have a significant impact on counteracting crisis situations and increasing the level of financial security and business resilience of enterprises. The object of the study is determination of the factors of adaptive potential that directly affect the system of financial security and business sustainability of a enterprise. The scientific task is to model the hierarchical ordering of the key factors of adaptive potential according to the level of their significance in influencing crisis situations in the context of ensuring the financial security and business sustainability of enterprises. The research methodology involves the use of expert analysis methods with the additional use of the Delphi method, the method of hierarchical analysis, and graph theory. As a result of the study, a list of the most significant factors of adaptive potential for countering crisis situations was presented. As a result, the factors of adaptive potential are hierarchically ordered from the most significant to the least significant in ensuring the financial security of the enterprise. The innovativeness of the results obtained is revealed through the proposed approach to modeling the determination and order of factors of adaptive potential to counteract crisis situations. The study is limited by not taking into account the specifics of specific enterprises. Prospects for further research are aimed at taking into account the specific type of activity of enterprises for a specific country. [ABSTRACT FROM AUTHOR]
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- 2024
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42. THE FACTORS INFLUENCING BUSINESS SUSTAINABILITY OF FOOD TRUCK ENTREPRENEURS: A CASE OF NELSON MANDELA BAY, SOUTH AFRICA.
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Loots, Francois, Iwu, Chux Gervase, and Makoza, Frank
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BUSINESSPEOPLE ,FOOD industry ,MOBILE food services ,BUSINESS enterprises ,SOCIAL media ,TRADE regulation - Published
- 2024
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43. An exploration of drivers for small businesses to implement environmental actions in Victoria, Australia.
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Dinesh, Lakshmi Palaparambil, Gajanayake, Akvan, and Iyer‐Raniga, Usha
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SMALL business ,SUSTAINABLE communities ,TECHNOLOGICAL innovations ,BUSINESS planning ,SUSTAINABLE urban development - Abstract
The adoption of environmental practices in small and medium scale businesses is increasing. Given the diverse environmental actions available to firms, it is important to understand the specific drivers for different actions to be taken. Based on managerial survey data from Victoria, Australia, this research uses modeling to determine how ethical conscience of managers drive different types of sustainable environmental actions. The results indicate that ethical conscience of managers drives waste, energy and water related actions, while external factors such as supply chain imperatives and customer demand drive circular business actions. New technology and industry guidelines were major barriers for most types of environmental actions while social barriers were significant for energy and water related actions. This implies that the increased ethical conscience of managers, especially while adopting new technology can increase the adoption of environmental actions in businesses. The results will have implications in crafting the corporate strategy and developing good and services that will aid to the achievement of Sustainable Development Goals (SDG 11 and 12), focusing on sustainable cities and communities, and responsible production and consumption. [ABSTRACT FROM AUTHOR]
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- 2024
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44. Green Intellectual Capital: Boosting Sustainability via Innovation, Value Creation & Resource Efficiency.
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Manzoor, Kokab and Jahangir, Junaid
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INTELLECTUAL capital ,VALUE creation ,DEVELOPING countries ,CITIES & towns ,GREEN business - Abstract
In today's environmentally conscious marketplace, achieving business sustainability is paramount for manufacturing firms. This pressure is particularly acute in developing nations like Pakistan, where balancing economic growth with environmental responsibility presents unique challenges. Hence this study delves into the critical relationship between green intellectual capital (GIC) and business sustainability in Pakistan's manufacturing sector. The researcher also examined the mediating effects of green innovation, value creation, and resource efficiency on this association. Employing a survey instrument, data is collected from large scale manufacturing firms located in three different industrial cities of Pakistan through convenient sampling. Smart PLS SEM was used to explore the hypothesized relationships and the mechanisms through which GIC impacts business sustainability via mediating variables. The results confirmed all hypotheses as statistically significant. The first hypothesis showed a positive and significant relationship between GIC and business sustainability (β = 0.101, p < 0.05). The second hypothesis demonstrated that value creation effectively mediates the relationship between GIC and business sustainability (β = 0.191, p < 0.05). The third and fourth hypothesis found that green innovation and Resource efficiency both significantly mediates between green intellectual capital and business sustainability with (B=0.183, p<0.05) and (B=0.120, p<0.05) respectively. Hence all the hypotheses were supported. These findings hold significant implications for Pakistani manufacturing firms, offering valuable insights into strengthening their environmental practices and achieving long-term sustainability. However, the applicability of these findings to other sectors or countries may require further investigation. Further research employing more robust sampling techniques can enhance the generalizability of the findings. [ABSTRACT FROM AUTHOR]
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- 2024
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45. مروری بر پژوهشهای حوزه پایداری شرکتی: تحلیل کتابشناختی.
- Author
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امیرمحمد کالبی and فاطمه شراعی
- Abstract
This article reviews the literature on articles in corporate sustainability. By reviewing the authors, citation structure, publications, and nations, this study reviews the progress of this field and summarizes the research process. This bibliographic analysis examines the literature on corporate sustainability and shows the structure of articles and research trends. The information gathered is extracted from the primary collection of the Web of Science database from 2001 up to 2022. The number of articles obtained is 2246 articles. VOSviwer software is used to perform initial analysis and citation analysis, co-citations, bibliographic coupling, co-authoring, among others. Generally, there are eight main clusters of articles on corporate sustainability: (1) corporate and entrepreneurial sustainability; (2) corporate sustainability strategies; (3) corporate sustainability measurement indicators, (4) corporate sustainability and business transformation management; (5) corporate sustainability and sustainable development goals and reports; (6) corporate sustainability and its effect on financial efficiency; (7) ethics and social responsibility and (8) theories of corporate sustainability. The research contribution is to show the evolution of this issue so that researchers can use it in their theoretical and research frameworks. [ABSTRACT FROM AUTHOR]
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- 2024
- Full Text
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46. Use of Risk Management to Support Business Sustainability in the Automotive Industry.
- Author
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Markulik, Štefan, Šolc, Marek, and Blaško, Peter
- Abstract
Today's companies operate in a dynamic, constantly evolving, and highly competitive environment. The globalization of markets has significantly changed the economy, where companies operate within increasingly complex supply chains. The ever-increasing expectations of customers and company stakeholders, as well as the need to incorporate a comprehensive approach to the life cycle of manufactured products in corporate strategies, expose companies to a whole range of risks. The research was based on the need of organizations operating in the (automotive) industry to manage the dynamics of the business environment. This was accomplished using an appropriate model that, through its universality, would help to ensure the effective risk management in a holistic approach, protecting their performance and meeting the needs of the relevant stakeholders. The main idea of the research was to create and implement a dynamic model of risk management in the environment of a production organization based on the use of available methods such as SWOT, PESTLE, brainstorming, affinity diagrams, risk matrix, SIPOC diagram, risk, and the results of questionnaire surveys. The research was conducted in two directions: (1) designing the structure of the dynamic risk management model for the strategic management process; and (2) verifying the effectiveness of the proposed model in specific cases and evaluating the technical and economic benefits. To support the dynamics of the model, three basic management tools have been proposed: process review, internal audit, and management review, enriched with features that support the concept of risk-based thinking. [ABSTRACT FROM AUTHOR]
- Published
- 2024
- Full Text
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47. Organizing capabilities and performance in the scope of business sustainability.
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Hellvig, Juliana and Mendes Nobre, Farley Simon
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ORGANIZATIONAL performance , *SUSTAINABILITY , *SUSTAINABLE development , *CORE competencies , *CONTENT analysis - Abstract
Purpose: Organize concepts of capabilities and business performance (BP) within the scope of business sustainability (BS). Originality/value: Concepts of capabilities and performance are fragmented in the BS literature. Therefore, we argue the need for more in-depth studies to organize them. This research identifies and organizes categories of capabilities and BP about BS-oriented organizations, bringing new perspectives on how organizations can better use their resources towards sustainable development. Design/methodology/approach: With the support of content analysis techniques, we conducted a broad integrative review of capabilities and performance in the scope of BS. Concepts were categorized into two analysis frameworks regarding capabilities and BP, respectively. Findings: Based on these two frameworks, first, nine core capabilities were identified and classified into the strategies of the Natural Resource-Based View (NRBV), in order to analyze them into time (short and long-term) and spatial (organization internal and external environments) perspectives. Following that, we identified conceptualizations for BP focusing on one or more BS domains (economic, social, and environmental). Finally, we deduced propositions, including discussions on how capabilities and BP can be constituted into intertemporal and spatial lines, to create a better connection between business and society, accommodating tensions and solving grand societal challenges, such as poverty and climate change. [ABSTRACT FROM AUTHOR]
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- 2024
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48. Evaluation of the Innovation Capability toward Business Sustainability in the West Java Creative Market
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Hatammimi, Jurry, Yuliyanti, Putri Aprillia, Mansour, Nadia, editor, and Bujosa Vadell, Lorenzo M., editor
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- 2024
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49. Humanizing the Workplace Through STARA: Examining the Roles of Perceived Usefulness and Perceived Organizational Support
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Suvarna, Sampath, Balasundaram, Sathiyaseelan, Aranha, Rekha, Basavaraj, Santosh, Mansour, Nadia, editor, and Bujosa Vadell, Lorenzo M., editor
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- 2024
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50. Confirmatory Analysis as a Tool for Forming Financial Inclusion, Financial Well-being, and Business Sustainability of MSMEs in the East Java Handicraft Export Sector
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Ratnawati, Ratnawati, Rokhman, M. Taufiq Noor, Ningsih, Ayu Agus Tya, Appolloni, Andrea, Series Editor, Caracciolo, Francesco, Series Editor, Ding, Zhuoqi, Series Editor, Gogas, Periklis, Series Editor, Huang, Gordon, Series Editor, Nartea, Gilbert, Series Editor, Ngo, Thanh, Series Editor, Striełkowski, Wadim, Series Editor, Zutiasari, Ika, editor, Rusmana, Dede, editor, and Fuad, Muhammad, editor
- Published
- 2024
- Full Text
- View/download PDF
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