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1 – 10 of 23Claudiu George Bocean, Anca Antoaneta Vărzaru, Dorel Berceanu, Dalia Simion, Mădălina Giorgiana Mangra and Marian Cazacu
In recent decades, there has been a significant increase in global concern regarding the impact of economic activities on the environment and climate change. In this context…
Abstract
In recent decades, there has been a significant increase in global concern regarding the impact of economic activities on the environment and climate change. In this context, green entrepreneurship has become a growing trend in the business world. One of the most important benefits of green entrepreneurship is enhancing energy efficiency and resource utilization. By reducing the resources required to produce a product or deliver a service, green entrepreneurship can contribute to cost reduction and operational efficiency improvement. By implementing sustainable business practices, organizations can enhance their image in the eyes of consumers and attract new customers who are environmentally conscious. This chapter addresses the identified gap in the literature regarding the influence of green entrepreneurial activities on organizational financial performance from the perspective of employees in organizations engaged in such activities (waste reduction, waste recycling, energy conservation, air pollutant reduction, packaging reduction, sustainable transportation). Organizational financial performance is measured through perceived performance compared to the previous year and performance relative to expectations. Two visible financial indicators have been selected for analysis: turnover and net profit.
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Guy Bennett-Longley and Daniel Laufer
Crises and natural disasters represent significant challenges to business, straining financial and human resources. However, corporate philanthropy during these times can result…
Abstract
Crises and natural disasters represent significant challenges to business, straining financial and human resources. However, corporate philanthropy during these times can result in significant benefits to the reputation of firms, while assisting in crisis recovery. This research focuses on the 2016 earthquake in Kaikōura, New Zealand to examine consumer reactions to corporate philanthropy. Two between-subject experiments were used to test the proposed hypotheses. Our results suggest that consumers do not differ significantly in their perceptions of the reputation of a company when donations of money or employee time are made by the company to assist the Red Cross. However, if a company is not engaged in corporate philanthropy, its reputation is significantly lower than when it engages in corporate philanthropy. We also found that the reputational benefits of giving to corporate philanthropy are weakened when consumers are highly sceptical of underlying corporate motives. Finally, we found that companies who give, despite being adversely impacted by a natural disaster, are perceived more favourably in terms of reputation, when compared with firms that have not been hurt by the natural disaster. We discuss the implications of this research for both practitioners and researchers.
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Managers are increasingly finding their organisations being drawn into polarising socio-political issues. While not an entirely novel form of risk for organisations, the ability…
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Managers are increasingly finding their organisations being drawn into polarising socio-political issues. While not an entirely novel form of risk for organisations, the ability to avoid this form of risk is eroding, resulting in a new risk environment. This chapter is a conceptual piece that explores why organisations are compelled to address polarising socio-political issues, and how they might navigate issues communicatively through the use of values advocacy. Stakeholder expectations and potential benefits from taking stances on issues result in organisational managers taking stands on polarising, socio-political issues. However, the polarisation creates dangers by risking to intensify the issue division among constituents, causing segments of organisational constituents to turn against the organisation. Values advocacy may be one way to limit the dangers when taking stands on socio-political issues.
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Nikita Agrawal, Kashish Beriwal and Nisha Daga
Introduction: Sustainable human resource management (SHRM) as a practice is nowadays seen as an essential factor contributing to an individual’s and organisation’s growth. At the…
Abstract
Introduction: Sustainable human resource management (SHRM) as a practice is nowadays seen as an essential factor contributing to an individual’s and organisation’s growth. At the organisational level, the people concerned face many pressures to inculcate SHRM practices from various authorities and stakeholders.
Purpose: This chapter explains SHRM as a concept through an extensive literature review along with the evolutionary stages and multi-lateral perspectives of SHRM. The factors affecting this concept are Economic, Social, and Environmental; its driving forces like Employees, Government and Market Pressure; Employee Outcomes, namely Employee retention, satisfaction, motivation and Employee Presence; Organisational outcomes – Business level, Workers’ satisfaction, improved environmental outcomes better correlations, etc.; and value created by SHRM in terms of both employee and organisation are thereby explained.
Methodology: A specific procedure has been employed since the chapter has been based on literature review. The process of systematic literature review has been followed, which lays down the process followed by the authors – right from the Scope Formulation to the Illustration of Conceptual Framework.
Findings: A conceptual model is represented as a basis of the literature review, which the organisation can use and apply to develop SHRM practices, and finally, the precise effects of the research findings are suggested alongside ideas for future research.
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