scholarly journals Changes in the Influence of Social Responsibility Activities on Corporate Value over 10 Years in China

2020 ◽  
Vol 12 (22) ◽  
pp. 9506
Author(s):  
Feifei Zhang ◽  
Jin-young Jung
Keyword(s):  
Sustainable Development ◽  
Social Responsibility ◽  
Development Strategy ◽  
Growth Model ◽  
Positive Influence ◽  
Evaluation Agency ◽  
Statistical Correlation ◽  
Chinese Government ◽  
Corporate Value ◽  
The Impact

This study analyzes changes in how corporate social responsibility (CSR) affects corporate value in China. We use multiple regression analysis on a sample of A-share listed companies on the Shanghai and Shenzhen Stock Exchanges from 2009 to 2018. We divide the sample into 2009–2012 and 2013–2018 periods according to the development of CSR-related media and corporate policies. The dependent variable is corporate value, measured by Tobin’s Q. The independent variable is the CSR score calculated and published by RKS, a widely recognized CSR evaluation agency in China. We use firm size, sales growth rate, return on equity, top 10 shareholders’ equity, operating cash flow, and debt ratio as control variables. The panel-based regression models find no statistical correlation between CSR score and corporate value from 2009 to 2012 but find that the CSR score has a significantly positive influence on corporate value from 2013 to 2018. The impact of CSR activities on corporate value increases over the 10-year period. This decade saw the Chinese government shift its development strategy from a rapid growth model to a high-quality growth model and pursue sustainable development. This study is useful for Chinese companies considering adopting CSR activities to promote sustainable development.

INTEGRATING SUSTAINABLE DEVELOPMENT INTO EUROPEAN POLICYMAKING: THE ROLE OF IMPACT ASSESSMENTS

2007 ◽  
Vol 09 (02) ◽  
pp. 141-160 ◽  
Author(s):  
JENNIFER FRANZ ◽  
COLIN KIRKPATRICK
Keyword(s):  
European Union ◽  
Sustainable Development ◽  
Impact Assessment ◽  
European Commission ◽  
Development Strategy ◽  
Environmental Effects ◽  
The European Union ◽  
The Impact ◽  
Policy Proposals

Since the adoption of the EU's first Sustainable Development Strategy in 2001, the European Commission has been committed to undertaking impact assessments of its major policy proposals, covering the potential positive and negative economic, social and environmental effects both inside and outside the European Union. This paper provides as evaluation of a sample of the Commission's recent EC Impact Assessments, focusing on the extent to which the goal of sustainable development has been integrated into the impact assessment analysis.

scholarly journals The Environmental Aspect in the Concept of Corporate Social Responsibility in the Energy Industry and Sustainable Development of the Economy

Energies ◽  
2021 ◽  
Vol 14 (18) ◽  
pp. 5993
Author(s):  
Katarzyna Huk ◽  
Mateusz Kurowski
Keyword(s):  
Sustainable Development ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Negative Impact ◽  
Iso 14001 ◽  
Energy Industry ◽  
Environmental Aspect ◽  
The World ◽  
Corporate Social ◽  
The Impact

Sustainable development is now an important direction for the further development of all economies in the world. It is important to balance economic development with the impact on the environment and our planet. Another direction in the development of management sciences is the emergence of the concept of Corporate Social Responsibility, which considers this impact in three key aspects—economic, environmental and social—in terms of microeconomics. This concept gives companies specific guidelines and tools that minimize their negative impact on the environment. Reducing the negative impact of companies influences the environment and this is what is mainly associated with them. However, companies should also pay attention to internal consistency and caring for employees. Company practices such as the exploitation of people, including children, and injustice in the workplace are some of the factors that can be observed in less developed countries. The article focuses on the presentation of the environmental aspect in the context of the concept of corporate social responsibility. We analyzed individual sectors of the economy in terms of the environmental aspect, with particular emphasis on the energy industry. The study is based on a statistical analysis taking into account data from 1718 companies from all over the world. The aim of the article is to present the environmental aspect in the context of corporate social responsibility in the energy industry as a direction for sustainable development of the economy. The article is based on the analysis of the literature and databases presenting CSR, which was created on the basis of questionnaire research. The article shows which regions of the world are worse and which are better in terms of the environmental aspects of CSR. Conclusions on the main CSR guidelines for the environment are also presented. We analyzed factors such as environmental routines, policies and targets, implementation of environmental management systems, ISO 14001/EMAS certification, environmental reporting, environmental requirements inside the supply chain, the trend of GHG emissions and the trend of energy consumption for their environmental impact. The analysis was carried out on the basis of given regions of the world and individual sectors of the economy, especially the energy industry.

scholarly journals The Impact of Environmental Corporate Social Responsibility on Enterprise Performance——Implications for Sustainable Development Strategy

2021 ◽  
Vol 251 ◽  
pp. 02072
Author(s):  
Ao Xiangyuan ◽  
Ong Tzesan
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Development Strategy ◽  
Positive Impact ◽  
Mainland China ◽  
Green Marketing ◽  
Enterprise Performance ◽  
Short Term ◽  
Corporate Social ◽  
The Impact

This paper selected 119 listed companies from 2008 to 2018 in mainland China as samples, aiming to further explore the different impacts of environmental corporate social responsibility (ECSR) on corporate performance in the long and short term, and explore the mediating role of corporate green marketing performance. The results show that CSR has a significant impact on the return on assets and enterprise value in the short term. In the long-term, the adoption of green marketing innovation has a positive impact on enterprise performance. In general, the results of this paper are of great significance for managers and external investors to implement decisions. In addition, the research results can help enterprises improve their environmental responsibility and green innovation in order to improve their competitiveness.

Conceptual Foundations of Creating Sustainable Development Strategy of Smart Cities

2018 ◽  
pp. 27-72
Author(s):  
Olga Burmatova
Keyword(s):  
Sustainable Development ◽  
Development Strategy ◽  
Smart Cities ◽  
Development Program ◽  
The Sustainable Development ◽  
Factors Affecting ◽  
Future Goals ◽  
Conceptual Foundations ◽  
The Impact ◽  
The City

This chapter is devoted to the study of the role of ecological subsystem in the structure of the sustainable development program of smart city. The author suggests the logic of building the environmental strategy of the city as a long-term landmark of its sustainable development including the environmental mission, vision of the future, goals and priorities, programs and their implementation, target indicators for assessing results, and consequences of realization programs. Certain attention is paid to the city as an object of research with a focus on environmental problems. The characteristics of the factors affecting the development of the ecological situation in the city are shown. A system of criteria and indicators that can be used to assess the impact of the planned environmental activities is proposed.

Impact of Corporate Social Responsibility on Consumer Trust

2008 ◽  
Vol 23 (4) ◽  
pp. 7-34 ◽  
Author(s):  
Valérie Swaen ◽  
Ruben C. Chumpitaz
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Questionnaire Survey ◽  
Consumer Satisfaction ◽  
Positive Influence ◽  
Consumer Trust ◽  
Underlying Mechanisms ◽  
Corporate Social ◽  
The Impact

This research aims at analyzing the impact of consumers' perceptions of Corporate Social Responsibility (CSR) activities on their trust toward the company and at highlighting the underlying mechanisms and conditions of this impact. This paper is based on a questionnaire survey administered to a sample of 618 consumers about cosmetics and sportswear. Results show that consumers' perceptions of CSR activities have a positive influence on their trust toward the company, directly and indirectly through the influence on perceived quality of the products offered and consumer satisfaction.

scholarly journals Tools of Information and Communication Technologies in Ecological Marketing under Conditions of Sustainable Development in Industrial Regions (Through Examples of Poland and Ukraine)

2020 ◽  
Vol 13 (10) ◽  
pp. 238
Author(s):  
Aleksandra Kuzior ◽  
Alla Lobanova
Keyword(s):  
Sustainable Development ◽  
Information And Communication Technologies ◽  
Development Strategy ◽  
Communication Technologies ◽  
Life Cycles ◽  
Empirical Observation ◽  
Industrial Enterprises ◽  
Information And Communication ◽  
Industrial Regions ◽  
The Impact

This scientific work analyzes the current state and problems of implementing the concept of sustainable development in industrial regions, in particular, in Poland and Ukraine. Emphasis is placed on slowing down the implementation of the main provisions of this doctrine, in particular, the violation of environmental requirements and non-compliance with ecological standards by industrial enterprises. The aim of the article is to find effective innovative tools for intensifying the process of implementing the strategy of sustainable development in industrial regions. The paper uses theoretical methods—analysis and synthesis, formalization, hypothetical-deductive modeling, mental modeling, systematization and generalization—as well as empirical: observation, description and comparison. The main result of the work is the substantiation of the scientific idea that the implementation of a sustainable development strategy in industrial regions is possible by intensifying the process of ecological marketing through the use of new information and communication technologies (ICT) and their innovative tools—methodologies, digital systems, the Internet, cloud technologies, and systems of product design, manufacture and sale—due to accelerated communication links. The authors’ approach to the development of the mechanism of creation and functioning of the single information space (field) of the ecological marketing of the industrial region is offered in this work, and also, the classification of modern ICT and their tools, which it is expedient to use in this mechanism, is carried out. Their purpose and the expected results from the introduction of ecological products for market research, the development of ecological technologies for the life cycles of ecological products and, thus, the impact on the acceleration of sustainable development in industrial regions are determined.

scholarly journals ICT sustainable management: towards a better alignment with the sustainable development strategy

2020 ◽  
Vol 7 (71) ◽  
pp. 165-181
Author(s):  
Rachid Hba ◽  
Mohammed Abdou Janati Idrissi ◽  
Majid Kaissar El Ghaib ◽  
Abdellah El Manouar
Keyword(s):  
Sustainable Development ◽  
Information And Communication Technologies ◽  
Development Strategy ◽  
Sustainable Management ◽  
Management Strategies ◽  
Essential Element ◽  
The Sustainable Development ◽  
Information And Communication ◽  
Innovation Approach ◽  
The Impact

The impact of Information and Communication Technologies (ICT) in terms of Sustainable Development (SD) has led to a great transformation in business management, which positions innovation as an essential element of differentiation for the new market conquest. These ICT, that are particularly adapted, allow creating value for the company in a sustainable way and more aligned with the global SD strategy while ensuring to bring competitive advantage and anticipate new economic, social and environmental problems. To implement an innovation approach that gives organizations the means to develop sustainable management strategies, allowing them to increase overall performance, we proposed the "ICT Sustainable Management" model which is designed according to a Green IT (GIT) and Corporate Social Responsibility (CSR) concepts in order to seek new transition ways for management serving SD. Our model constitutes a first research step to lead reflection on next-generation SD-oriented management models. For this reason, we consider it more appropriate to approve the validity of our model through its application on different categories of companies that use ICT. Analysis of the results of this application test has demonstrated the validity of our model at the scale of five companies. This initial validation will be supported by improvements and new tests that will be extremely useful to improve the model and to advance knowledge in this new field of research.

scholarly journals Connotation Analysis on Sustainable Development Strategy of Garment Enterprises — Case Study on the Famous Brand JNBY

2021 ◽  
Vol 237 ◽  
pp. 04006
Author(s):  
Yuqian Dai ◽  
Yan Cui ◽  
Xiaogang Liu
Keyword(s):  
Sustainable Development ◽  
Strategic Planning ◽  
Social Responsibility ◽  
Environmental Protection ◽  
Development Strategy ◽  
Case Analysis ◽  
Development Strategies ◽  
Analysis Method

Domestic original designer brand JYBY adheres to environmental protection and social responsibility actions, and integrates sustainable development into its strategic planning. This paper mainly USES case analysis method to analyse the composition and implementation measures of JNBY’s sustainable development strategy, so as to provide experience for other garment enterprises in China to formulate sustainable development strategies.

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