Corporate Practices Research Articles

Factors Affecting Sustainable Consumption in the Era of Consumerism: An Empirical Study in the Context of Circular Economy

Sustainable consumption is one of the best ways to address global environmental challenges in an era dominated by consumerism. The circular economy model emphasizes reducing waste, maximizing resource use, and promoting environmentally friendly production and consumption patterns. At the same time, consumers play an equally important role in this change by making responsible choices that prioritize durability, repairability, and recyclability. But despite growing awareness, challenges such as the intention-behaviour gap and infrastructural barriers still exist, limiting the widespread adoption of sustainable practices. Bridging these gaps requires collaborative efforts across sectors and a cultural shift toward mindful consumption. This paper explores the importance of consumer behaviour, business strategies, and policy interventions in promoting sustainable consumption within the circular economy framework. Greater awareness and encouragement of responsible actions can help society transition towards a more sustainable future, ensuring both environmental preservation and economic resilience. A sample of 209 consumers were surveyed to know the factors that affects sustainable consumption in the era of consumerism and found that Consumer Environmental Awareness, Economic factors, Corporate Practices and Policy Implementation are the factors that affects the sustainable consumption.

Measurement and evaluation of low-carbon tourism development on islands: A case study in Changdao, China.

China's island tourism is still in the exploratory stage, and the carbon emissions due to island tourism development are still prominent. This study assesses the development of low-carbon tourism on Changdao Island in China. We constructed an evaluation model for low-carbon tourism on islands based on the driver-pressure-state-impact-response model, and the Entropy Weight Method-Analytical Hierarchy Process Method was combined with the weighting method to determine the index weights of ench evaluation-indicator. The annual changes in the development level of low-carbon tourism, the weights of the indicators, the characteristics of the scores, the low-carbon development mode, and key factors of island tourism were analyzed. The results of the study showed that the indicator "impact" was the most influential element of the island's low-carbon tourism, and the ecological environment value was higher than that of the economic value. Moreover, energy saving and consumption reduction helped tourists to have a better experience, which further enabled island tourism to have a larger market size. The "response" also occupied a crucial position, where the weighted value of government planning was twice as high as that of corporate practice. The other elements were "pressure", "state", and "driving forces", which showed that low carbon emissions are an important criterion for the island tourism environment and economic factors have the greatest effect in terms of the "driving forces". The study evaluated the level of low-carbon development in island regionals across multiple dimensions, filled the literature gap, and provided a reference for the study of regional low-carbon and sustainable development of tourism.

Data disaffection: Toward a relational and affective understanding of datafication

Research on user experiences with datafication, the transformation of social life into data, identifies “digital resignation” and “privacy cynicism” as rational responses to feeling overwhelmed and disempowered. But how, exactly, do shared feelings and emotions mediate relationships between datafication and disengaged responses – both individually and institutionally? We develop a relational analysis of datafication, deploying an infrastructural perspective and drawing on affect theory to develop the concept of data disaffection, which we define as the structural cultivation of accepting data accumulation as inevitable. Data disaffection is a structure of feeling that conditions processes across scales of analysis: it manifests in resignation and cynicism on an individual level while simultaneously structuring commercial practices. We illustrate how data disaffection highlights alternative sites and methods for understanding datafication, and we conclude by discussing the implications for understanding datafication as a cultural dynamic as well as a corporate practice.

Integrating ESG Criteria in Corporate Strategies: Determinants and Implications for Performance

This study explores the integration of Environmental, Social, and Governance (ESG) principles into corporate practices, focusing on the methodologies used for their evaluation and the factors influencing their adoption. Through a qualitative and comparative analysis of European and Saudi Arabian contexts, the research examines how companies align their strategies with ESG requirements in diverse regulatory and cultural environments. Data is drawn from established ESG rating agencies, corporate sustainability reports, and case studies, allowing for a thorough investigation of internal and external evaluation processes and their implications for ESG scores. The study identifies key challenges in ESG implementation, including ambiguities in definitions, resource disparities, sector-specific considerations, and resistance due to cost or unfavorable ratings. It also highlights the role of legal and regulatory frameworks, such as the ESG Disclosure Guidelines introduced by the Saudi Capital Market Authority and global standards like the Global Reporting Initiative (GRI), in shaping corporate ESG practices. Recommendations emphasize the need for standardized evaluation criteria, targeted support for smaller enterprises, and stronger legal frameworks to promote transparency and compliance. The findings contribute to a deeper understanding of ESG dynamics and provide actionable insights for advancing corporate sustainability on a global scale.

Consumption of Instagram corporal practice content by women consumption of corporal practice

This study aims to understand women’s perception of consuming corporal practices content present on social network platform Instagram. This is a qualitative descriptive research, which included 45 women, aged 18-55 years, from 26 Brazilian states, and who are Instagram users. The semi-structured interview model was used as a data collection instrument, and online interviews were conducted and later recorded and transcribed into an electronic file. Data analysis was performed by non-aprioristic categories. Results found that some of the volunteers consume Instagram corporal practices content and it is possible to observe different preferences about this consumption. It can also be seen that on the one hand content shared on Instagram generated volunteers’ interest in trying and joining new modalities, an also made them know modalities hitherto unknown or that had not called their attention, but, on the other, possible issues in relation to mental health and aesthetic pressure were identified. In conclusion, consumption of Instagram information can be a way to encourage women to maintain their corporal practices if allied to the interests of Physical Education.

Econometric analysis of cement companies in an emerging market: A sustainability outlook

Cement plays a crucial role in India’s infrastructure projects and contributes significantly to the nation’s gross domestic product (GDP) and employment. India’s urbanization relies heavily on this sector as the world’s second-largest producer of cement. Given its economic importance, understanding and assessing financial health and predicting the likelihood of default by these companies are critical for stakeholders. This study investigates various financial ratios, assesses their significance, and explores their relationship with the Altman Z score, a financial ratio used to predict the probability of a company’s bankruptcy. Recent corporate practices show a growing trend toward incorporating corporate social responsibility (CSR) reporting and sustainable growth rate (SGR) reporting into mandatory disclosures. These metrics are strategically used to improve public perception, build stakeholder trust, and convey a company’s reliability and operational performance. This study further explores the potential impact of CSR and SGR on bankruptcy risk, assessed using the Altman Z-score. Empirical analysis within the Indian cement industry reveals that, at present, CSR and SGR factors may not have a significant effect on financial distress. This study contributes significantly to the understanding of the financial health of the Indian cement industry while examining the evolving roles of CSR and SGR. It provides a nuanced perspective by empowering stakeholders to identify financial and non-financial indicators of stability. It also emphasizes the critical need for holistic assessment methodologies in the ever-evolving corporate landscape.

The Impact Of Tax Avoidance On Firm Value

Taxes are crucial because the government uses them to fund public welfare and development. Tax revenue in 2022 demonstrates an equally dispersed economic recovery in Indonesia across a number of industries. However, due to a number of factors, including instances of tax avoidance and corporate practices that exploit technicalities in tax laws, Indonesia's tax collection has fallen short of its proper amount. This study sought to ascertain how tax evasion affected the company value of coal mining businesses that were listed between 2018 and 2021 on the Indonesia Stock Exchange. Panel data regression analysis techniques are employed in the data analysis method using the Eviews version 12 software. Choosing model estimates the Chow test, Hausman test, Langrange multiplier test, normality test, panel data regression test, and hypothesis testing is how data testing is done. The analysis concluded that there is no relationship between tax avoidance and corporate value.

Research on the Influence Mechanism of Leader Incivility on Employees' Complaints

Employee complaints are expressions of employee dissatisfaction related to work and organization, and it is a workplace phenomenon that cannot be ignored in today's society. Leaders' uncivil behaviors can bring negative psychological experiences to employees and affect their behaviors. Based on the theory of emotional events, this study takes negative emotions as mediating variables and justice sensitivity and self-monitoring as moderating variables to explore the influence mechanism of uncivilized leadership behavior on employee complaints, so as to provide references and lessons for the intervention management of leader incivility and the management of employees' complaints in corporate practice.

CONSTRUCTING WORK ETHICS AND GENERAL HUMAN ETHICS PARADIGM IN INDONESIA

This research explores the significance of work ethics and general human ethics in the context of employee development within the corporate industry. Through an extensive review of literature encompassing 140 research findings, the study emphasizes the crucial role of employee development in enhancing human resource quality and company productivity. The research identifies key factors contributing to effective employee development, including the identification of employee needs and potentials, provision of training and coaching, utilization of technology, provision of constructive feedback, and regular evaluations. Furthermore, the research underscores the importance of adapting development programs to meet the specific needs of employees and their work environments. It highlights the pivotal role of managers and supervisors in providing support and guidance to employees throughout the development process. Additionally, the research emphasizes the significance of evaluating the effectiveness of employee development programs to ensure continual improvement and success. By integrating these findings into corporate practices, companies can design and implement more effective employee development initiatives tailored to their workforce. This, in turn, will lead to improved employee performance, strengthened competencies, and ultimately, enhanced company growth and sustainability. Copyright © 2024 by Authors, Published by Jurnal Bisnis Terapan. This work is licensed under a Creative Commons. Attribution-ShareAlike 4.0 International License.

Role of green bonds in developing ESG projects in Eastern provinces of China

In today’s global economy, Environmental, Social, and Governance (ESG) investment exerts considerable influence, guiding investment decisions and corporate practices towards sustainability. This research explores the nexus between green bonds and ESG investment in China’s Eastern provinces, crucial for regional economic development and the shift towards sustainable growth. Examining data from 2015 to 2022 across 12 provinces reveals a significant finding: a 1% increase in green bonds correlates with a 0.33% increase in ESG investment, underscoring the pivotal role of green financing. While the size of financial markets and private investments shows minimal impact, economic growth demonstrates a positive association with ESG investment, reflecting a heightened awareness of sustainability. Conversely, deteriorating air quality reduces ESG investment due to increased environmental costs. To enhance ESG investment, effective policies should focus on expanding the green bonds market, improving transparency, fostering collaboration, implementing supportive regulations, and raising public awareness.

Extractivism, Profits and People: Environmental, Social and Economic Costs of Fluorspar Mining In Kerio Valley, Kenya

This paper examines the disruptive effect of resource extraction through fluorspar mining in Kerio-Valley. Focus is on how this process sparked off economic contestations, intense ecological crisis, and heightened social tensions. The discovery and subsequent mining of Fluorspar deposits in Kerio Valley has created economic opportunities and caused profound challenges for the indigene Keiyo community. Mineral extraction has caused environmental degradation, deforestation, water contamination, cultural desecration, and land dilapidation, which has adversely affected local agriculture and biodiversity. One thousand four hundred families have suffered the disruption of traditional livelihoods occasioning food shortage and hunger, leading to the cultural disintegration of a once vibrant and self-sustained community. Despite government efforts to manage these impacts through various policies and partnerships with multinational corporations, the socio-ecological crises persist. Using grounded theory, this paper argues that the benefits of fluorspar mining is negated by the long-drawn demands for adequate compensation, pollution, and social upheaval. This paper recommends a re-evaluation of governance frameworks and corporate practices in the extractive sector.

To Trust or Not to Trust: Sensemaking of Trust Building and Maintenance Between Expatriates and Host Nationals in a Multinational Corporation

ABSTRACT This study examined communication messages and behaviors expatriates and host nationals relied on to make sense of whom to (continue) trust(ing) in a multinational corporation, using sensemaking theory. Thirty-two participants (16 Japanese expatriates and 16 U.S. host nationals) were recruited from a Japanese manufacturing company in the U.S. Semi-structured individual interviews revealed that expatriates and host nationals relied on one’s competence, skills, and dedication to work, support from one another, and personal and emotional connections in making sense of whom to trust. Notably, some host nationals already trusted expatriates to begin with. In maintaining trust, host nationals and expatriates relied on constant interpersonal interactions and continued to observe work-related behavior, such as support, collaboration, competence, and proactivity. These findings are discussed in relation to organizational practices in multinational corporations, culture, and sensemaking to provide theoretical insights to literature but also practical recommendations for diverse workplaces.

ТРАНСФОРМАЦИЯ КОРПОРАТИВНОЙ КУЛЬТУРЫ ДЛЯ ДОСТИЖЕНИЯ ЦЕЛЕЙ УСТОЙЧИВОГО РАЗВИТИЯ

The article is devoted to the study of corporate culture as a factor in the sustainable development of an organization, which can both contribute to and hinder the achievement of goals and the implementation of sustainable development principles in corporate practice. The main features of the corporate culture of sustainable development are presented, determining the directions of transformation of existing cultures, as well as the characteristics of the manifestations of strong and weak cultures of sustainable development and their impact on the development of the organization. A model of the organizational culture of sustainable development is proposed and, based on the generalization of existing experience, corporate practices are identified that contribute to its formation and development, including ensuring the involvement of employees in solving existing problems. The strengths of various types of corporate culture are highlighted, which must be aligned with the goals of sustainable development in the corporate strategy. Additional opportunities for transforming corporate culture to achieve sustainable development goals when implementing technology based on artificial intelligence are shown.

Evaluating buyer performance through supplier satisfaction: a balanced scorecard and fuzzy logic approach

PurposeThis study develops and validates a comprehensive framework integrating the balanced scorecard (BSC) and fuzzy logic to evaluate supplier satisfaction in the Indian power sector.Design/methodology/approachA mixed-methods approach, including the literature review, expert consultations and a survey of 300 suppliers, was employed. The BSC categorized supplier satisfaction across financial, purchasing, coordination and corporate perspectives. Fuzzy set theory and fuzzy logic converted qualitative data into quantitative measures.FindingsKey areas for improvement across financial, purchasing, coordination and corporate perspectives were identified. The developed Supplier Satisfaction Index offers a nuanced tool for benchmarking and enhancing supplier relationships.Research limitations/implicationsWhile the study provides a comprehensive framework for evaluating supplier satisfaction, it is limited to the context of the Indian power sector. Future research could extend the application of this framework to different industries and geographical contexts to assess its generalizability.Practical implicationsThe findings offer actionable insights for practitioners to improve supplier satisfaction through targeted strategies in financial interactions, purchasing clarity, coordination efficiency and corporate practices. Implementing these strategies can enhance supplier relationships and overall supply chain performance.Originality/valueThis research extends the BSC’s applicability to external supplier relationships. It demonstrates robustness when integrated with fuzzy logic and offers a multidimensional approach to supplier satisfaction evaluation, addressing the inherent ambiguities and subjectivities in traditional assessments.

From Black Gold to Green Goals: Navigating Oil and Gas Sustainability

The energy transition in the oil and gas sector is a complex but unavoidable journey. While the challenges faced by this sector are significant, the potential for innovation, collaboration, and sustainable growth remains vast. The urgent need for responsible energy policies is crucial to guarantee that energy production aligns with ecological preservation. This paper aims to critically examine the sustainability initiatives implemented by oil and gas companies within their energy policies, assess the international legal frameworks, and analyze national regulations governing the industry. A comprehensive review of existing literature and case studies of industry practices will be conducted to understand the effectiveness of current sustainability efforts. The findings will reveal successful initiatives and areas needing improvement, highlighting the interplay between regulatory frameworks and corporate practices. The study underscores the importance of strategically adopting sustainability measures in the oil and gas sector to mitigate environmental impact while enhancing economic growth. Recommendations will be provided for enhancing stakeholder collaboration and strengthening policy frameworks to support a more sustainable future in the energy landscape.

Iran

Abstract This article examines South Korea’s implementation of the UN Guiding Principles on Business and Human Rights, emphasizing its commitment to integrating human rights within corporate governance. As a major global economy, Korea has adopted a national action plan focused on corporate accountability, mandatory human rights due diligence, and protection for whistleblowers. The article explores Korea’s efforts to align corporate practices with human rights standards, highlighting strategies that could inform the UN’s development of a legally binding instrument on business and human rights. Korea’s approach serves as a model for both developed and developing countries, offering a practical framework for advancing human rights within the business sector.

Assessing Financial Distress Drivers: Financial Metrics and Corporate Practices in Indonesian Manufacturing Companies

Assessing Financial Distress Drivers: Financial Metrics and Corporate Practices in Indonesian Manufacturing Companies

Driving green innovation: assessing the impact of environmental tax policies and green finance on heavily polluting industries

Purpose The purpose of this paper assess the impact of the green finance pilot reform on corporate green innovation, leveraging the establishment of the China green finance pilot reform in 2018 as a quasi-natural experiment. Design/methodology/approach This study investigates the effects of environmental policies on green innovation, utilising a substantial data set from Chinese A-share listed firms over the 2015–2019 period. Employing both double and triple difference models, it focuses on how tax reforms influence green patent filings among these firms. Findings The study confirms that environmental tax policies and green finance initiatives significantly boost green patent filings in pollution-intensive industries. Findings from the regression analysis show robust positive effects from these policies, supporting the idea that stringent environmental regulations can spur innovation by offsetting regulatory costs. Financial health indicators like asset logs and return on assets positively correlated with innovation, emphasising the importance of financial stability. In addition, increased RandD spending is linked to enhanced green innovation, highlighting that financial investment in research is crucial for overcoming innovation barriers. These insights are crucial for shaping policies that integrate sustainability into corporate practices. Originality/value This research contributes to the literature by highlighting traditional views on the economic burden of environmental taxes and demonstrating their role as significant drivers of innovation. It deepens insights into strategically optimising fiscal tools to promote environmentally sustainable economic activities. In addition, it offers a practical framework for policymakers to improve ecological outcomes through effective fiscal strategies.

Do religious values mitigate the effect of formal corporate governance rules on earnings management in Islamic countries? Evidence from Jordan

Purpose This study aims to assess the board of directors’ effectiveness in curbing earnings management (EM) in Jordan, a country where Islamic religious values strongly influence corporate practices. Design/methodology/approach Using a sample of 51 Amman Stock Exchange-listed firms from 2012 to 2022, generalised least squares regression is used to examine the association between board characteristics and EM. Findings Most board characteristics do not significantly affect EM. Interestingly, board activity is significantly and positively associated with EM, suggesting that the board’s monitoring function has been relegated to a secondary role. Research limitations/implications Formal corporate governance mechanisms may prove ineffective, as their effectiveness in limiting EM is undermined by informal rules. Practical implications Regulators should adapt corporate governance rules to the context in which they are embedded. Greater attention to religious dynamics could improve board oversight effectiveness. Originality/value This study provides a new perspective to analyse the relationship between corporate governance and EM. To the best of the authors’ knowledge, this is among the first studies to explore this issue within the context of Islamic countries.

Commercial determinants of health: a new framework for studying relationships between food corporations and food charities in the UK

Relationships between food charities and commercial partners have been extensively critiqued by food charity scholars, particularly those that involve food corporations supporting charitable hunger relief whilst at the same time holding power over key drivers of food insecurity. This has important implications for health-related research on food charity that involves input from corporate donors. This paper argues that there is an opportunity to expand the field of health research on food insecurity and food charity by engaging with the Commercial Determinants of Health (CDoH) framework, to provide a new way of theoretically and analytically framing evidence and critiques on food charity with corporate involvement. The paper puts the CDoH framework into practice through an empirical study of food charity – food corporation relationships in the UK.Through the CDoH analysis, the findings reveal the different corporate practices that are employed in these relationships, and the disparity between these and the practices corporations could be using the address food insecurity. The framework provides important new avenues for research to further evidence and explore the deep ironies and inequalities embedded in these relationships, and the ways in which corporations leverage charitable efforts to improve their image, whilst holding significant power over key drivers of the very food insecurity that these charities seek to relieve..By applying the CDoH framework, research on food insecurity, food charity and the role of corporations can play an active part in the wider moves in public health towards understanding the impact of corporate entities and interests on health and equity.