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Article
Publication date: 1 February 2006

Fulya Akyildiz

Multinational companies whose importance has increased or improved depending on global capitalisation and travelling around the world without knowing borders have activities in…

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Abstract

Multinational companies whose importance has increased or improved depending on global capitalisation and travelling around the world without knowing borders have activities in developing countries due to suitable conditions (e.g. cheap workers costs, flexible legal arrangements). In this study, the precautions set forth to prevent environmental troubles, to obliterate or to minimise it, are the activities undertaken by the multinational companies which are considered. In the study, Turkey as a case country in which this subject was studied. Globalisation is the last step of economical sovereignty set up by means of multinational companies all over the world by capitalism which affects our age deeply. Unlimited capital stocks of capitalism and its economical development aim “whatever the result is” fastens the problems internationally as a result of not recognizing the social developments and justice, inequality, poverty and unsocializing people in developing countries. As a result of this, we're having environmental problems, the speed of nature's being consumed has been increased and there have been troubles almost every field of the social lives. However there is no one else who accepts the responsibilities of cost and social policies in the global economies in which international capital and global corporations decide on the rules; there is also no one else who accepts the responsibilities of environmental pollution and natural possessions' destruction as the result of the activities of international capital and global companies. The reason for this is that it is assumed that the government must take the responsibility “to protect and to development the environment”. According to this idea, protecting and developing the environment has been supplying public use and public service. Thus public service is the duty of the state. Environmental rights subject, known as third generation rights or corporation rights, is to protect the environment and to development it. People who have the environmental rights are those actors who will make use of these rights and who will have the responsibilities of these rights. The people who will make use of these rights and who will have the responsibilities are generally the same actors. These are not only the people but also public and special institutions including communities; states and public; and the next generation. In this case, all the right owners who have the rights to live in a healthy and well balanced environment are obliged to protect and to development the environment at the same time, including the multinational companies. Every economic activity has an effect on the environment. Multinational companies have activities in the fields like gold mining, petrol, chemicals and food industry which have high potential effects on the environment in developing countries like Malaysia, Indonesia and Nigeria. On this point the question why multinational companies choose these countries should be answered. The answer doesn't only help to explain the issue's political sides but also it could show that the most dirtying foreign capital activities take place in developing countries. Why multinational companies have chosen these developing countries was studied under two titles. (1) Dirtying industries are choosing the countries which don't have severe legal arrangements, (2) The public opinion in developing countries is unconscious of the harms that economical activities give to the environment. If the first finding hadn't been true, the activities in most polluting sectors wouldn't have been directed to the countries where environmental laws are flexible/flexibly practised. Besides, the public opinion in these low educational level countries doesn't have enough knowledge about the environmental problems and importance of environment. This information also gives assurance to the multinational companies that they don't face with the opposing activities of the public there. Nevertheless, foreign capital is wanted by these countries to supply new technologies, to supply the political and economical support of the countries which export development and capital, to open their economy to other countries and to protect the environment of the country. But, in practice, these countries which are under pressure to pay their debts don't pay attention to the ecological defects of the activities let the multinational companies to settle in the country, import the wastes which supply currency entrance, to be stored in the national borders and to be reused without evaluation. Foreign capital entrance in gold mining fields is a small example about being served and defended as a gold opportunity to pay Turkey's foreign debts. As a result, multinational companies are unsuccessful in sharing environmental responsibilities in the developing countries. Multinational companies have been making use of the opportunities that the environment presents but they don't do their duties to environmental rights. The efforts by multinational companies have been improving as prevention of increasing the environmental standards. Related to this, in the countries mentioned and also in Turkey, where economical activity fields like ecological sensitivity isn't assured enough by law and isn't protected wholly is a kind of great danger for Turkey.

Details

Social Responsibility Journal, vol. 2 no. 2
Type: Research Article
ISSN: 1747-1117

Article
Publication date: 23 February 2015

H. Huseyin Ozturk

The main objective of the present study was to evaluate the feasibility of obtaining energy from cotton processing waste oil and heating demand in the cotton oil processing. For…

Abstract

The main objective of the present study was to evaluate the feasibility of obtaining energy from cotton processing waste oil and heating demand in the cotton oil processing. For the techno-economical feasibility, Cukobirlik cotton union, located in Adana, Turkey was selected considering capacity per annum. The techno-economical feasibility of cotton processing wastes for fossil fuel substitution running three scenarios was examined. The case study constitutes of the following parts, background information and description of the company activities, the existing facilities and its energy requirements, the second the technical options for the exploitation of biomass and the results of their financial appraisal, environmental considerations, risks and assumptions and finally conclusions and recommendations. The economic and financial assessment of the investment for biomass utilization in Cukobirlik cotton union includes the calculation of the economic viability parameters and cash flow analysis table and investment return indices. An economical solution was determined to be scenario 2 for Cukurova cotton union. The values of discounted payback period, net present value, internal rate of return and benefit to cost ratio were calculated as 3.28 years, 2 832 421 €, 34.07% and 3.31 for scenario 2. Based on the results of the pre-feasibility study, it seems that the installation of a 5 MW biomass boiler to Cukobirlik for substitution of fuel oil (scenario 2) is a very attractive investment and is still favorite in comparison with the installation of a natural gas boiler to meet the same needs when the natural gas price is higher than 0.37 €/Nm3.

Details

World Journal of Engineering, vol. 12 no. 1
Type: Research Article
ISSN: 1708-5284

Keywords

Article
Publication date: 8 July 2019

Muhammad Tasleem, Nawar Khan and Asim Nisar

Corporate sustainability is an evolutionary strategic management concept that has now attained much attention both in literature and practice. In the present globalization and…

2135

Abstract

Purpose

Corporate sustainability is an evolutionary strategic management concept that has now attained much attention both in literature and practice. In the present globalization and digital age, the competitive strengths of technology management (TM) and TQM practices are widely accepted but to what extent these strategies can interact and impact the sustainability performance is unknown. The purpose of this paper is to portray the significant role of TM and TQM in pursuing corporate sustainability performance (CSP) and to investigate their integrated relationship as a common framework.

Design/methodology/approach

This is a survey-based empirical research that has been carried out by means of development of a survey questionnaire and its distribution to multifaceted business organizations in a developing country. Random sampling technique was used for the data collection from companies registered with the Securities and Exchange Commission of Pakistan (SECP). Response from 209 companies was found useful for analysis in the study. After confirming the questionnaire items for reliability and validity (content, criterion-related and construct validity) correlation, regression, factor analysis, path analysis and mediation analysis were performed through SPSS and AMOS to assess the composition and causal association of factors.

Findings

Statistical results show that TQM does not only significantly impact CSP but also has an impact on each CSP dimension (economical, social and environmental sustainability performance), whereas TM has an insignificant direct effect on CSP and impacts economical sustainability dimension only. From nine hypotheses, two hypotheses are rejected suggesting that TM does not directly impact social and environmental sustainability. However, when mediation analysis was run by taking TQM as a mediator, the total effect of TM on CSP found significant suggesting that TQM significantly impacts the relationship.

Research limitations/implications

Paucity of response data can be a limitation for such empirical research. Due to practical limitations and risks in the data presentation of mixed cultural dimensions, the data was collected only from in country organizations. Moreover, respondents in the local country do not keenly participate in such surveys because of a gap between the industry and academia.

Practical implications

The study attempts to examine the practice and performance levels of CSP, TQM and TM among multi industries, thereby, extending a better understanding of the prevailing situation with regards to these concepts in a developing country. Though the results of the study confine local inferences but the findings can be generalized to other part of the world if further research is carried out with more data.

Social implications

The study outcomes draw the attention of the country’s executive leadership and the industrial boards toward the implementation of the most top-ranked agenda of sustainability performance in connection to quality and TM practices. One of the major findings reveals that local organizations are primarily more focused toward economical sustainability dimension, however, benefits of economical stability can be improvised to attain environmental and social sustainability performances with desired concentration on technology advancement and TQM culture and practice.

Originality/value

The study is unique in the prescribed scope which has been carried out in a developing country with focus on strategic concepts, and their interacted relationship, of CSP, TQM and TM in form of proposed research framework. This framework can be used or further investigated for validation, by practitioners and managers working to lead sustainability management in respective areas.

Details

International Journal of Quality & Reliability Management, vol. 36 no. 9
Type: Research Article
ISSN: 0265-671X

Keywords

Article
Publication date: 27 February 2009

Heewon Sung and Yangjin Jeon

The purpose of this paper is to classify internet users by fashion lifestyles, to profile the demographic and internet usage characteristics of each segment, and to examine…

5129

Abstract

Purpose

The purpose of this paper is to classify internet users by fashion lifestyles, to profile the demographic and internet usage characteristics of each segment, and to examine evaluation for fashion e‐retailers' attributes.

Design/methodology/approach

A total of 1,211 internet users who have visited an online fashion mall at least once participated in a web survey. Lifestyles were analyzed by factor analysis, generating five factors. Five segments were obtained by k‐mean cluster analysis. Descriptive analysis, ANOVA, chi‐square tests, and radar charts were employed.

Findings

Internet users were classified into Economical Shopper, Recreational Shopper, Fashion/brand Shopper, Fashion Follower, and Individualistic Shopper. Each segment presented different characteristics in demographics and internet usages. In addition, segments evaluated e‐retailers' attributes differently. Fashion/brand Shopper presented the highest levels of overall satisfaction and intention to purchase fashion goods online, while Fashion Follower showed the opposite.

Research limitations/implications

A profile of each segment explained who they are and why they buy or shop for fashion goods online. Evaluation for e‐retailers' attributes indicated how online marketers responded to potential buyers' needs and values.

Originality/value

The paper offers valuable recommendations to apparel e‐retailers based on characteristics of each segment.

Details

Journal of Fashion Marketing and Management: An International Journal, vol. 13 no. 1
Type: Research Article
ISSN: 1361-2026

Keywords

Article
Publication date: 1 March 2006

Gökhan Sönmezler and Ismail Siriner

Low cost financing in establishing economical development is very important. At this point, financial intermediaries provide great contributions to economic development by…

Abstract

Low cost financing in establishing economical development is very important. At this point, financial intermediaries provide great contributions to economic development by eliminating asymetrical information problem between lender and borrower. It is possible to see capital market in anglo‐saxon countries and banking system in Europe and Japan mostly from historical dimension. However, long term financing is done through capital market in most developed countries at present. It is a common characteristic in countries such as Turkey, Chile and Mexico whose economies are financed by banking system. Singh and Weisse (1998), suggests that it is because of late industrialisation 1. Developing countries are generally those where there is less capital. Therefore attracting both internal and external savings into the banking system (for these countries) is very important from economical development point. At this point, powerful banks are preferred by the investors. Because the possibilty of failure is low (for these banks) 2. The most important factor that effects banks risk structure is public’s role. Because public can effect banks risk structure both at macro and micro level. Public’s influence on bank’s risk structure at macro economic level is due to general economical structure. If the general economic structure has high volatility and is away from consistency, this situation will increase the risk for banking sector. On the other hand, fiscal dominance is one of the main problems especially in developing countries. Fiscal dominance caused by lack of enough public revenue affects banking sector negatively. Thus, a goverment which can not prepare the macro economic environment where banks can function at high productivity will increase banks’ risks. In addition, banks require strict regulations and controlling as its structure is open to fraud. That these regulations are ignored or not prepared will lead to risk accumulation in the sector. It becomes a social responsibility of the state to take necessary cautions as these kinds of issues change a large cost on the society. Within this framework, the aim of our study is to examine public’s role on fragilities in banking sector. These examinations will be conducted for Turkey which experienced a collapse in banking sector in the recent period. In the first and second part of our study, public’s influence on the sector at macro and micro level will be examined. Experiences gained through Turkey example will be presented in the conclusion.

Details

Social Responsibility Journal, vol. 2 no. 3/4
Type: Research Article
ISSN: 1747-1117

Keywords

Article
Publication date: 1 December 2009

Mohammed Ibrahim Sultan Obeidat and Mohammed Abdullah Al Momani

This study investigates taxpayers’ perception to the Jordanian tax system efficiency according to the perspective of Keynes. Its main purpose is to determine whether taxpayers…

Abstract

This study investigates taxpayers’ perception to the Jordanian tax system efficiency according to the perspective of Keynes. Its main purpose is to determine whether taxpayers perceive the Jordanian tax system as efficient, enough to influence taxpayers’ patterns of behavior, or inefficient and just used to collect revenue by the government. A self‐administered questionnaire is used to collect the primary data of the study, in order to measure the economical and socio‐cultural efficiency of the system. A convenience sample consisting of 175 respondents was selected to survey how taxpayers perceive the Jordanian tax system efficiency. The t‐test is used as a decision criterion for the acceptance or rejection of the hypotheses. Correlation analysis is also used to support the findings of the study. The study finds that taxpayers perceive the Jordanian tax system as efficient, and they perceive that the tax system is intentionally used to influence their behavior.

Details

Journal of Economic and Administrative Sciences, vol. 25 no. 2
Type: Research Article
ISSN: 1026-4116

Keywords

Open Access
Article
Publication date: 10 May 2021

Osama Ali Maher, Dmitry Mun, Fatma Giha, Mayouson Ali and Saverio Bellizzi

The paper aims to examine some economical, political and health system indicators on the transmission of the COVID-19 transmission within the national system. The main objective…

Abstract

Purpose

The paper aims to examine some economical, political and health system indicators on the transmission of the COVID-19 transmission within the national system. The main objective is to investigate what are the most effective indicators which have led to the declared numbers by countries.

Design/methodology/approach

This study combined multiple sets of data to describe best the economical status of the health system including the government spending on the health system to draw some conclusion regarding the behavior of the pandemic.

Findings

Complex emergencies and internal conflicts negatively affected the quality of the reported cases and the size of the pandemic. The health work force was the most determinant factor of the health system. It can sometimes be impossible to understand the epidemic only with epidemiological data or health system one; economical aspects of health system and political situation have to be added to the equation.

Originality/value

The research according to the authors’ knowledge is the most comprehensive comparison so far that investigate the non-covid aspects from a political side in particular in complex emergencies and war situation added health system indicators.

Details

Review of Economics and Political Science, vol. 6 no. 1
Type: Research Article
ISSN: 2356-9980

Keywords

Article
Publication date: 1 March 1990

Roger J. Sandilands

Allyn Young′s lectures, as recorded by the young Nicholas Kaldor,survey the historical roots of the subject from Aristotle through to themodern neo‐classical writers. The focus…

Abstract

Allyn Young′s lectures, as recorded by the young Nicholas Kaldor, survey the historical roots of the subject from Aristotle through to the modern neo‐classical writers. The focus throughout is on the conditions making for economic progress, with stress on the institutional developments that extend and are extended by the size of the market. Organisational changes that promote the division of labour and specialisation within and between firms and industries, and which promote competition and mobility, are seen as the vital factors in growth. In the absence of new markets, inventions as such play only a minor role. The economic system is an inter‐related whole, or a living “organon”. It is from this perspective that micro‐economic relations are analysed, and this helps expose certain fallacies of composition associated with the marginal productivity theory of production and distribution. Factors are paid not because they are productive but because they are scarce. Likewise he shows why Marshallian supply and demand schedules, based on the “one thing at a time” approach, cannot adequately describe the dynamic growth properties of the system. Supply and demand cannot be simply integrated to arrive at a picture of the whole economy. These notes are complemented by eleven articles in the Encyclopaedia Britannica which were published shortly after Young′s sudden death in 1929.

Details

Journal of Economic Studies, vol. 17 no. 3/4
Type: Research Article
ISSN: 0144-3585

Keywords

Article
Publication date: 14 August 2017

Ivan Stevovic, Jovana Jovanovic and Svetlana Stevovic

The purpose of this paper is to analyze sustainability of the constructed projects (Djerdap 1 and 2) and feasibility of the planned ones (Djerdap 3) on the river Danube in the…

Abstract

Purpose

The purpose of this paper is to analyze sustainability of the constructed projects (Djerdap 1 and 2) and feasibility of the planned ones (Djerdap 3) on the river Danube in the region of Iron Gate, with multi-criteria focus on technical, economical and environmental parameters.

Design/methodology/approach

The main objectives were achieved by using the methodology of a holistic multi-criteria approach. Electra method was applied. The design of the three projects on the international Danube River were analyzed, from technical, economical and environmental point of view, with the goal to manage a higher involvement of renewable resources.

Findings

The results of the research imply that the most profitable technical solutions cannot reach its realization and construction if the environmental quality criteria are not fulfilled and included in the multi-criteria optimization model. At the same time, the most sustainable and environmentally friendly technical solutions, such as the renewable hydro pump storage scheme, cannot be realized without proper project management and investment.

Research limitations/implications

The results and conclusions are valid for all the structures and projects of renewable resources, where there is a conflict to the environment. This research has implications to all decision-making processes focusing on holistic analyses of conflicted techno-economical and environmental parameters.

Originality/value

The value of the paper and research is in proving the necessity of simultaneous analyses of technical, economical and environmental impacts on the projects. All the results of the research are beneficial for stakeholders who intend to invest in renewable hydro energy resources, in the function of sustainable development.

Details

Management of Environmental Quality: An International Journal, vol. 28 no. 5
Type: Research Article
ISSN: 1477-7835

Keywords

Article
Publication date: 29 June 2022

Nazanin Tahssili and Mohammad Ali Shahhoseini

This study aims to examine the customer’s perception of corporate social responsibility within the automotive market in Tehran, Iran, and whether it leads to a purchasing behavior…

Abstract

Purpose

This study aims to examine the customer’s perception of corporate social responsibility within the automotive market in Tehran, Iran, and whether it leads to a purchasing behavior directly or indirectly through support intention.

Design/methodology/approach

A total of 235 customers of luxury and mid-range-priced automobiles were surveyed and analyzed using the partial least squares structural equation modeling method.

Findings

Regarding luxury car owners, the authors concluded that both economical and ethical perceptions are indirectly related to purchasing behavior. Concerning mid-range-priced car buyers, both philanthropic and economical perceptions have a direct relationship with purchasing behavior, while the legal perception has an indirect relationship with purchasing behavior. The results show that Iranian car manufacturers and foreign car dealerships for both luxury and mid-range customers should focus on their economical responsibilities. The results show that luxury car manufacturers and dealerships should act ethically. With the importance of the philanthropic dimension for customers of mid-range cars, car dealerships dealing with mid-range-priced cars should focus more on their philanthropic activities. This study can help companies find better solutions to adjust their corporate social responsibility (CSR) policies to the consumers’ beliefs, gain a competitive advantage in the market and fill the knowledge gap regarding Iranian consumers.

Originality/value

Although some research has been conducted on consumer perception and response regarding CSR in both developed and developing countries, no studies on consumer perception toward CSR have been carried out in Iran.

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