Business Commitment Research Articles

Nature Positive in Business

The concept of nature positive has recently emerged from the widespread recognition of the global scale at which nature is being lost and the threat this poses to the collective survival of the human race. Much of the interest in nature positive reflects the initial commitment to it by conservation organisations and by a number of international political initiatives. However, the pursuit of nature positive approaches by businesses has received little attention in the business and management literature. Building upon an analysis of secondary sources, this entry paper first examines how three international organisations suggest a nature positive strategy could be pursued. This paper then focuses on two multinational companies and how they plan to pursue a nature positive approach to their business activities. This article identifies a number of critical factors in developing a nature positive strategy: incorporating suppliers in this strategy, assessing corporate dependencies and impacts on nature, and reporting on nature positive initiatives and outcomes. At the same time, this article raises concerns that nature positive approaches could be driven more by business imperatives rather than fundamental corporate concerns about biodiversity and that many business commitments to nature positive could be seen as mainly aspirational.

Insights into Information Perception in Poultry Farming Systems

Indian poultry industry has found to be more structured and evolved as a dynamic organization in last two decades. Planning, organizing, directing, monitoring and controlling can profoundly be seen. Indian poultry industry contributes significantly to total livestock sectors contribution to India's GDP. India's poultry meat production is 3.4 million tons and its eggs production is sixty-five million tons and industry ranks second and third in worlds ranking in meat and eggs production respectively (FAO). The data was collected from stakeholders with the help of pretested interview schedule. The separate interview schedule was prepared for broiler farmers (100 samples), breeder farmers (10 samples) and processing cum distribution centers (20 samples). The study revealed that the majority of the poultry farmers, 63 per cent were aged between 35 to 54 years. Young generation farmers, aged between 20 to 34 years, 37 per cent, seemed lesser interested in poultry farming. In addition, women farmers were on only 3 per cent out of total sample farmers surveyed. It is indicative of the need for the promotion of poultry farming as a source of women empowerment. Almost 81 per cent farmers stated that poultry farming is their main occupation and major source of income where they have fulltime business commitment. Among the sample farmers, majority of, 52 per cent, were new entrant. The majority of farmers, 54 per cent, were rearing 5000 to 9999 birds at their farm and they were classified under medium-sized poultry farms. The average area of small farms was 2785.71 sq. ft., medium farm was 5886.89 sq. ft. and large farms was 18403 sq. ft. All the sample farmers had permanent housing (100 per cent) with pucca flooring (90 per cent). Almost 81 per cent farmers had their poultry shades in agriculture farms.

РАЗВИТИЕ ИНСТИТУТОВ УСТОЙЧИВОГО РАЗВИТИЯ НА ПРЕДПРИЯТИЯХ АПК НА ОСНОВЕ ESG-КОНЦЕПЦИИ (НА ПРИМЕРЕ РЕСПУБЛИКИ ТАТАРСТАН)

Currently, companies around the world are faced with the task of not only increasing their own efficiency and competitiveness, but also complying with the principles of sustainable development. The relevance of this task is determined by increasing climate change and social problems, which force stakeholders to put forward new demands for environmental responsibility and social commitment of business. The ESG concept is a modern concept of doing business based on the principles of sustainable development. It should be noted that the application of ESG in agribusinesses is particularly specific due to the dual role they play in society and the economy: on the one hand, being large sources of greenhouse gas emissions and consumers of natural resources, on the other hand, ensuring food security and promoting development rural areas. The object of the study is the system of sustainable development of the agro-industrial complex of the Republic of Tatarstan. The purpose of the study is to characterize the potential of the ESG concept for the development of sustainable development institutions in the agricultural sector of the Republic of Tatarstan and to identify the most effective practices for strengthening the integration of ESG principles into the activities of agro-industrial enterprises. Research methods: analysis of scientific literature on the topic of ESG and sustainable development in the agro-industrial complex, statistical analysis, general scientific methods. The scientific novelty of the study lies in the analysis of the possibilities of applying the ESG concept at enterprises of the agro-industrial complex of the Republic of Tatarstan, identifying and systematizing factors that promote or hinder sustainable development in this area.

Globalização, empresa e responsabilidade socioambiental

The research addresses the globalization’s issue and socio-environmental responsibility of Brazilian companies concerning to adoption of ethical standards and business commitment based on the criteria of Environmental, Social and Corporate Governance, concepts that support the new process of internationalization of business law, globally. This is a systematic interpretation of the corporate production of wealth with emphasis of globalization for a better understanding of the role of the modern company which, in addition to being a supplier of goods and services, must be allied to socio-environmental interests with the creation of new markets, generating jobs and attracting new consumers. As a basis, scientific and bibliographical productions by Brazilian and international authors were researched. It is clear to conclude that there is a need for public policies to promote environmental education and social accountability of all Brazilian business people and thus guarantee the preservation and protection of the sustainable environment through the search for social and ethical values in defense of the global ecosystem.

Investment Performance in Green Finance: Assessing the Impact of Environmental Social and Governance Integration

Stakeholder groups raise concerns regarding corporate commitment to climate change issues, as climate change is a big global problem. The impact of eco-innovation and climate governance on business climate change commitment is examined in this research. The pressure on manufacturing companies to become more ecologically conscious or "greener" is growing. This study investigates the function of comprehensive quality management and its impact on corporate sustainability, drawing on the resource-based view and sustainable development theory. This research also concentrated on the function of green innovation as a mediator. The intensity of eco-innovation, determined by dividing environmental expenses over revenues, is a score derived from the Eikon database indicating a company's ability to cut environmental costs. We also discover a positive correlation between climate change commitment and governance. We contend that businesses can mitigate climate change risks and possibilities by incorporating climate change problems into governance. According to our empirical research, managers and politicians should encourage the deployment of eco-innovative technology and include climate change issues in governance to increase business commitment to climate change.

Application of Entrepreneurship Orientation and Practices among Business Operators in University Campuses in Rivers State, Nigeria

This study examined the extent small-scale business operators on Rivers State University Campuses are able to imbibe and apply entrepreneurial practises and orientation. Two research questions and hypotheses guided the study. The study adopted a descriptive survey design. The population comprised 1,000 university campus business operators in the three public universities in Rivers State. Taro Yamane’s formula was used to select 286 small scale business operators as the sample for the study. A validated 9-item self-designed questionnaire titled "Entrepreneurship Orientation and Practises among Small Scale Business Operators in Universities Questionnaire (EOPSSBOUQ)" was used as the instrument for data collection. The reliability of the instrument was determined through a test-retest method. Mean and z-test statistics were used to answer the research questions and test the hypotheses at a 0.05 confidence level. The findings of the study revealed, among others, that people’s business commitment is very high, and in business practise, small scale business operators take personal responsibility for business outcomes. It was recommended, among others, that entrepreneurs develop more achievement motivation in order to discover more areas for new ventures as well as improve business performance.

Chinese trade sanctions against Australia: Quantifying the impact

AbstractAustralian exports of important goods have been hit by sanctions imposed by the Chinese Government in recent years. This paper seeks to estimate the losses to Australian exports from these sanctions. Commodities affected include coal, copper ores and concentrates, frozen beef, wine, cotton, barley, rough wood, rock lobster and hay. Based on declines in Australia's share of the import market for the sanctioned commodities, the paper finds that gross export losses to Australia in the China market rose from AU $3 billion in 2020 to AU $31 billion in 2022 at current prices. This differs appreciably from previous estimates. Net losses, which take into account the diversion of sanctioned trade to third country markets, are estimated, very approximately, at AU $11 billion in 2022 and at AU $20 billion over 2020–2022, at 2019 prices. Future losses in the China market will depend heavily on whether the recent improvement in relations between the Australian and Chinese Governments can be maintained. It will also depend on the intensity of US–China tensions since they will tend to shape Australian responses to issues of interest to China. Business commitments to new customers in third country markets, and assessments of the risk that the Chinese market will close again are likely to be among other factors.

Protection of Children in Indonesia Through Child-friendly Family

Minister of Empowerment of Women and Children No. 11 of 2011 concerning childfriendly City/District Policy is part of a government policy that aims to protect children in all aspects of life. Child-friendly districts/cities (KLA) are those that have a development system based on children’s rights through the integration of government, community, and business commitments and resources that are planned comprehensively and sustainably in policies, programs, and activities to ensure the fulfillment of children’s rights. The KLA is basically based on fulfilling children’s rights, covering civil rights and freedoms, family environment and alternative care, basic health and welfare, education, usage of leisure time, cultural activities, and special protection. To build a child-friendly district or city requires a village’s existence to realize the fulfillment of a child-friendly city. A child-friendly village (DLA) is a village and sub-district development that brings together the commitment and resources of the village government, the community, and the business community in the framework of fulfilling children’s rights, protecting children from acts of violence, exploitation, and abuse. Hearing children’s opinions, which are planned consciously, comprehensively, and continuously. To create a child-friendly village community, participation in establishing child-friendly homes will greatly influence success in learning child-friendly villages.
 Keywords: protect, children, child-friendly family

Corporate social responsibility management for labeled companies in the emerging market: A study of corporate strategy

In contemporary managerial aspects, corporate social responsibility (CSR) plays an important role in the societal commitment of businesses. According to Cheffi et al. (2021), the dimension of CSR encompasses a variety of approaches and models, contributing to the enlightenment of management practices within companies. This article highlights the importance of these CSR managerial practices and their ability to illustrate the performance and efficiency of the daily companies’ activities. In this vein, we are interested in companies’ accreditation with CSR in the Moroccan context, following a quantitative approach based on 104 questionnaires involving all aspects of these practices, including various elements such as international pressures, governmental commitment, increasing local awareness, sustainable development imperatives, and sector-specific initiatives. Thus, ensuring comprehensive coverage of the target population. The adoption of this methodological approach enabled us to gather valuable and diverse data, consequently providing a solid foundation for formulating robust and informed conclusions on how Moroccan companies integrate and implement CSR into their daily management. The results obtained by our study confirm that all the practices designed by the ISO 26000 standard from the International Organization for Standardization (ISO) in the field of CSR executed in the Moroccan environment excepted loyal practices and norms related to human rights.

Comparative analysis of communication strategies in promoting csr programs: Pertamina vs Petronas

This research contrasts the digital strategic communication approaches employed by Pertamina (Indonesia) and Petronas (Malaysia), two prominent Southeast Asian oil and gas corporations, in disseminating their Corporate Social Responsibility (CSR) projects. As environmental concerns and climate change intensify, these companies have advanced significantly in sustainable development. Corporate social responsibility (CSR) is highly valued in modern society, particularly for oil and gas enterprises catering to regional energy demands. While Pertamina and Petronas fulfil national roles, they also confront global sustainability challenges. The methodology involves analysing the Instagram profiles of @pertamina and @petronas. The study employs qualitative content analysis to scrutinise visual rhetoric, engagement metrics, message framing, the frequency of CSR posts, and audience responses, including likes, comments, and shares. The results indicate distinct approaches by each company in utilising Instagram for their sustainability campaigns. Pertamina adopts straightforward communication techniques to elucidate its CSR initiatives, while Petronas employs storytelling to link business activities with societal issues. These insights could influence the digital communication strategies of other firms in CSR efforts. The study suggests that cultural relevance and societal significance can enhance stakeholder involvement on Instagram. It concludes that proficient digital strategic communications can mould public perceptions of a business's commitment to sustainability.

Instruments for Retail Sustainability

ИЗВЕСТИЯ НА СЪЮЗА НА УЧЕНИТЕ – ВАРНА СЕРИЯ ИКОНОМИЧЕСКИ НАУКИ, том 12 №1 2023 77 Instruments for Retail Sustainability Assoc. Prof. Dr. Michal Stojanov University of Economics – Varna, Varna, Bulgaria michal.stojanov@ue-varna.bg Abstract Human existence faces catastrophic natural and climatic threats and environmental factors that have reached a critical level. Today, with the greatest urgency, measures are put on the agenda and taken for implementation with a view to achieving a slowing rate of development of unfavorable and negative changes in the living environment. This requires every individual, business entity and government to change their traditional behavior and way of being with a view to reformation in the present, but with much greater and radical significance for the near future. The work systematizes a variety of tools, broad-spectrum policies and organizational-technological transformations applied in commerce, with a view to achieving sustainable development. The brief overview of leading European retailers confirms the commitment of modern retail business to make a contribution to achieving change in all 17 UN Sustainable Development Goals.

Halal Certification Imperatives for MSMEs: Navigating Sustainability, Consumer Confidence, and Policy Compliance (Case of Kenteng, Bandungan, Indonesia)

Micro, Small, and Medium Enterprises (MSMEs) serve as the economic backbone of communities, with their sustainability influenced by various factors, including adherence to business legality. Among the crucial legal aspects, obtaining halal certification stands out as a pivotal requirement. This certification plays a vital role for business entities, aiming to bolster consumer confidence in the products they offer. The research conducted adopts a mixed-methods approach, combining qualitative and quantitative data collection and analysis. Surveys and direct interviews with service partners reveal significant challenges faced by these partners. These challenges encompass a spectrum from comprehending the importance of halal food products and the processes involved in their production to understanding the intricacies of halal certification and the necessary steps to obtain it. In accordance with the Halal Product Assurance regulations, the implementation of halal certification in Indonesia is mandated to expedite. Notably, by no later than October 17, 2024, all products entering, circulating, and trading in Indonesia must be duly halal-certified. This stringent timeline underscores the urgency for businesses to prioritize obtaining halal certification, positioning it as a critical component of their legal obligations. The significance of halal certificates extends beyond mere compliance, serving as a testament to a business's commitment to meeting the ethical and religious considerations of its diverse consumer base. This study also advocates for the important role of halal certification in sustaining MSMEs as the economic backbone of communities. The findings underscore the need for robust policy-making, emphasizing the urgency of halal certification in accordance with Halal Product Assurance regulations in Indonesia. The research aligns with the advocacy for policies that prioritize the timely implementation of halal certification, recognizing it as a critical component for MSMEs to meet legal obligations and enhance consumer trust.

Effect of Gender on Customer Loyalty

Theoretical Framework: Research results this part big in accordance with hope theoretical writer. However, research more carry on needed for expand findings this kindly special, though importance loyalty business, instrument measurement construct Not yet develop in literature marketing. Method: Research data collected through survey bank customers in Indonesia. technique Smart PLS analysis was used for estimate effect deep gender moderation connection loyalty customer. Results and Conclusion: The results of the study found that the influence of the basics of relational marketing (trust, commitment and communication) has an effect on customer loyalty. The results of this study also show that gender as moderation is able to moderate trust in customer loyalty. However, commitment and communication towards customer loyalty cannot be moderated by gender. This Study has shown that measuring the “foundations” of relationships marketing can predict loyalty customers, at least in the sector Indonesian banking. Research Implications: This study uncovers and measures customer loyalty using relational marketing theory and the role of gender as moderation. Originality/Value: This research adds value by presenting new evidence from the Indonesian state that aims to maintain loyal customers must pay close attention to issues of trust, commitment and communication with gender playing a moderating role. In particular, despite the low level of business loyalty, construction measurement instruments are underdeveloped in the marketing literature.

Analyze The Role Of Social Media In Increasing Customer Loyalty In Shopee's Digital E-Commerce Business

The development of information technology, especially social media, has brought significant changes in the way businesses operate and interact with customers. In the era of digital business, social media has become one of the important tools in building digital business loyalty with its customers. The purpose of this study is to analyze the role of social media in increasing customer loyalty in digital businesses. This research uses qualitative research methods. The data collection technique was carried out by a literature study obtained from Google Scholar and social media from Shopee’s E-commerce digital business. The data that has been collected is then analyzed thematically. The results showed that social media plays a role in increasing customer loyalty by increasing customer satisfaction and service quality through customer interaction, promotional media, offering gifts, and sharing interesting content.

WORK-LIFE BALANCE AND SERVANT LEADERSHIP FOR BETTER ORGANIZATIONAL COMMITMENT OF TOURISM EMPLOYEES: THE ROLE OF AFFECTIVE WELL-BEING AS A MEDIATOR

The United Nations compiled the Sustainable Development Goals 2030, which included providing decent work for humankind, such as facilitating employees with a balance among work, family, and private life. This study aims to analyze the relationship among variables and the role of affective commitment between work-life balance and servant leadership partially on employees' organizational commitment in the tourism business. The study applied a quantitative descriptive approach, involving 82 workers in the tourism businesses in Jakarta who were selected by purposive sampling from January-May 2023. Smart-PLS was employed to analyze the data. The study reported that affective well-being mediates the correlation between work-life balance and servant leadership. The study implies the need to mix human resource management practices to create a positive work environment to strengthen organizational commitment.

The relationship between corporate environmental, social, governance issues and corporate sustainability in the financial sector: A managerial perspective

AbstractThis paper investigates whether Hellenic financial institutions' commitment on environmental social and governance (ESG) issues has any relation with financial institutions' corporate sustainability. As a contribution to previous literature, the moderating role of managers' perception in the conceptual model is explored. A survey has been conducted to obtain data about the association of ESG commitment with sustainability literacy, sustainability reporting credibility, SDGs awareness, sustainability, and financial performance. Top managers from Greek financial institutions were reviewed via an online questionnaire, during the third wave of the pandemic. The results of inductive analysis provide evidence that the sample displays good reliability and internal consistency. Particularly, dichotomous variables demonstrate internal contingency, whereas liker‐scaled variables exhibit significant correlation. It seems that sustainable development and SDGs awareness are positively correlated with ESG commitment according, while business commitment to environmental issues is inversely proportional to the negative economic impact of the pandemic to corporate sustainability performance. Eventually, it turns out that ESG commitment does affect corporate sustainability on the areas of sustainability reporting credibility, SDGs awareness, sustainability, and financial performance.

Sustainability in times of crisis: Female employment during COVID‐19

AbstractIn periods of crisis, companies face a financial reality that forces them to decide whether to maintain their commitment to sustainability or prioritize their financial returns. The study of what happened during the COVID‐19 pandemic is vital, given the hard blow it has implied for business and, consequently, for employment. Thus, this paper seeks to determine whether the business commitment to sustainability policies focused on employment and gender diversity translates into concrete results. In a sample of 1761 multinationals (8963 observations) during the 2015–2020 period, we found that the pandemic has harmed employment at the microeconomic level. However, this impact is moderated by the level of responsibility that companies have with their workers. Therefore, the most sustainable companies have been more reluctant to reduce their workforce and even more so when they are women. These results help to position sustainability performance as a way to achieve gender equality at the business level.

How should intellectual capital development? An islamic religious perspective

Purpose: The objective of this study was to reconstruct Intellectual Capital to fill gap between Humans, Corporations and God. Theoretical framework: Intellectual Capital in its form and development as part of intangible assets in the business world, both from commercial and non-commercial measurements, is part of accounting, considered a modern business perspective and a product of entity theory. This definition of Intellectual Capital shows the masculine side, the Value of Entity theory. The antithesis of this is Sharia Entity Theory which emphasizes responsibility toward the sole creator of the company's nature, specifically God. Spirituality or religion fills the gap behind critical accounting studies based on secular thinking. Design/methodology/approach: This research uses the Islamic spirituality perspective paradigm, which is at heart and related to the organizational, social, and human environment in reconstructing Intellectual Capital. Findings: The results of this study obtained that the construction of human Capital is positioning employees to have honesty, trustworthiness, ridho, demanding knowledge, shodaqoh, zakat, and ukhuwah Islamiyah. Second, structural Capital is a blessed business, not arbitrary to employees, welfare, business commitment to trustworthiness, sadaqah for business, the principle of ridho in the organization, and giving employee rights. Third, customer capital is a promise, doing good/service, honesty to customers, responsibility, ukhuwah Islamiyah, sadaqah for CSR, trustworthiness, and setting prices like for like. Research, Practical & Social implications: First, management in developing the company can change the company's philosophy through intellectual capital which is based on God's will. Second, it is important to treat human resources, organizational structure and relational capital by aligning the soul, nature and God as a manifestation of added value. Originality/value: An important finding in this research is that spirituality is the most important thing in positive change for the world in which we live. Intellectual Capital in creating value should be the result of human work that is blessed by God.

Does business commitment to sustainability increase job seekers' perceptions of organisational attractiveness? The role of organisational prestige and cultural masculinity

AbstractThis study analyses how recruiting messages showing commitment to sustainability influence job seekers' perceptions of organisational attractiveness. To address a call from prior research, we propose that organisational prestige mediates the positive relationship between commitment to sustainability and attractiveness. As job seekers from different cultures can have different responses to companies' information, the moderating role of the masculinity dimension of national culture is also examined. In a study of 412 job seekers from four different countries, experimental manipulation was used to assess perceptions of different recruiting messages containing information on business sustainability. Results support the proposed relationships. Theoretical and practical contributions include the integration of signalling and social identity theories to considering a wide variety of mechanisms which show how individuals are attracted to organisations and useful information for helping managers to recruit young talent. Using a sample of young part‐time job seekers is a limitation of this work.

Understanding the Impact of Covid-19 on MSMEs in India: Lessons for Resilient and Sustained Growth of Small Firms

The pandemic has raised an issue of survival for most of the micro, small, and medium enterprises (MSMEs) because of their vulnerability in terms of size, limited financial resources, and inefficiency to deal with unpredicted situations. Therefore, the present study has adopted the contingency theory in times of change and uncertainties caused by COVID-19 on MSMEs and found out the ways to enhance its resilience and sustained the growth of this sector. This study has applied descriptive statistics and probit regression analysis to estimate the resilience and sustained growth of the firms through a change in the variables like turnover, labour employed, investment, and age of the firm. Based on the survey of 225 firms, the study observed that around 90 percent of surveyed firms realized a decline in their turnover with a 25 percent reduction in employment that mostly occur in the informal category. Interestingly, there was some increase in formal employment in around 50 percent of firms because of the business commitment of firms, shortage of informal workers, and availability of workers at lower wages. Smaller and younger firms in terms of employment and investment have a higher possibility to be affected by the external shocks indicating that the firm agility increases with firm age and size. Support measures by the government during the pandemic were found to be insufficient and have limited relevance to the MSME sector in its revival. For enhancing the resilience and sustainability of MSMEs, the study suggests small firms should be encouraged to financial planning against business uncertainties and proposes financial security measures viz. Uncertainty Corpus Fund for Small Businesses and Small Business Insurance.