Business Strategy and Firm Reorganization: Role of Changing Environmental Standards, Sustainable Business Initiatives and Global Market Conditions

2013 ◽  
Vol 24 (2) ◽  
pp. 123-144 ◽  
Author(s):  
Vivek Ghosal
2019 ◽  
Vol 32 (2) ◽  
pp. 145-158 ◽  
Author(s):  
David Vogel

This article describes and explains why the state of California has long played a leadership role in adopting innovative and stringent environmental standards. It argues that critical roles have been played by the state’s attractive natural environment, the extent of threats to its environmental quality, the material interest of citizens in protecting the natural environmental around where they lived, and the support of business interests who stood to benefit from protecting the state’s many environmental amenities. These dynamics are illustrated by several historical examples, which have laid the basis for the state’s current environmental policy initiatives. It concludes by generalizing from the experiences of California in order to explore the role of politics and public policies in promoting more sustainable business practices.


2021 ◽  
Vol 10 (3) ◽  
pp. 454-466
Author(s):  
Fitri Ayu Lestari ◽  
Hetik Wulandari ◽  
Puji Noviyanto ◽  
Ira Nurviana Widyawati ◽  
Nurdian Susilowati

The purpose of this study was to examine the business strategy of Micro, Small and Medium Enterprises (MSMEs), the role of accounting information systems in supporting sustainable business, and the constraints on the use of accounting information systems. This type of research was a case study on Cut Flower SMEs in Wonosobo Regency. The sampling technique used purposive sampling with five informants of SMEs, cut flowers of chrysanthemum and kalili. Data collection techniques used documentation studies and in-depth interviews. The collected data was then analyzed by using data analysis developed by Miles and Huberman. MSME actors set a product differentiation business strategy to increase sales turnover. Here, Accounting information systems had a role for business decision making so that investors could include their capital and customer trust. The obstacle to the implementation of the accounting information system was that there was no clear division of tasks between employees and owners so that all business activities were carried out together. This research contributed to the development of sustainable business theory in order to obtain a model of the existence of SMEs during the pandemic that could be used as material for business decision making.


2020 ◽  
Vol 66 (9) ◽  
pp. 4173-4192
Author(s):  
Marc Rysman ◽  
Timothy Simcoe ◽  
Yanfei Wang

We study the role of vertical differentiation in the adoption of LEED (Leadership in Energy & Environmental Design), a multitier environmental building certification system. Our identification strategy relies on the timing of adoption and shows that builders seek to differentiate from each other by choosing a different certification level from previously certified buildings. A common concern in this framework is that mean-reverting behavior could be mistaken for differentiation. We develop a new method for establishing the importance of strategic interactions based on simulating from a model with independent choice and unobserved heterogeneity, and showing that such a model cannot generate the level of interaction that we observe. Finally, we estimate a model that incorporates both differentiation incentives and correlated market-level unobservables and use our estimates from this model to simulate the impact of reducing the number of LEED tiers from four to two. The simulations indicate that environmental investments depend on the location of the threshold between tiers. This paper was accepted by Bruno Cassiman, business strategy.


2020 ◽  
Vol 164 ◽  
pp. 11003
Author(s):  
Prateep Wajeetongratana

Paper offers new, author’s method to calculate “social compensation” index (as aggregated macro economical one) reflecting the role of the state in social compensation policy implementing (fair policy and effective policy); analyzes these indices changes with dynamics of Ginny coefficient in the countries of the world, assess the effectiveness of the national social compensation program in countries grouped by the level of per capita income; gives recommendations on directions and principles of national policy of social compensation modernization which is relevant for the dynamics of the global market situation.


2014 ◽  
Vol 14 (2) ◽  
pp. 211-219 ◽  
Author(s):  
Shital Jhunjhunwala

Purpose – The purpose of this paper is to emphasize the importance and means of making corporate social responsibility (CSR) an integral part of corporate strategy with the help of case studies. Design/methodology/approach – The article explores the transformation of business from being egocentric to socially responsible. With the use of examples it demonstrates how integrating CSR into strategy can create sustainable business models. Findings – Firms need to develop a framework for integrating CSR into their business strategy for long term successful survival. Social implications – Corporates and society are intertwined and mutually dependent. Business cannot survive without society's acquiescence nor succeed without its active support. Originality/value – The article explains the benefits of CSR and how to make it an integral part of business strategy to gain a competitive advantage.


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