Environmental Management as Part of a Socially Responsible Behavior in the Volkswagen Group

Author(s):  
Marcela Basovnikova ◽  
Daniela Spirkova ◽  
Roman Dubovy
Author(s):  
Victor Dubishchev ◽  
Olesia Hryhorieva ◽  
Iryna Makarenko

The contemporary approaches to the development of territories are considered in the article. It is noted that the integrated European approach to the development of territories is increasingly being applied in Ukraine. The essence of integrated development, the stages of development of the Integrated Development Strategy (Concept Strategy), emphasized that understanding of the role and functions of government and local self-government in the development and implementation of integrated development of territories should be perceived not only as the current management task, but also as social responsibility to the community and society. The key aspects of socially responsible behavior of authorities and local self-government in ensuring integrated development of territories are determined. It is noted that the perception of the fulfillment of its functions as social responsibility will allow to effectively plan and implement the development plans of the territories, compete for investments and the best jobs; use the local resource of the territory to create competitive advantages of the region, provide motivation and the ability of "key players" to use competitive advantages and to cooperate effectively; create and maintain institutions that promote the use of intellectual potential, ongoing modernization and innovation in the region; to ensure the willingness and ability of key institutions to adapt to the challenges of the global economy.


2013 ◽  
Author(s):  
Michael Pirson ◽  
Lerzan Aksoy ◽  
Yuliya Komarova Loureiro

Author(s):  
Lyubov Valerievna Cheremoshkina

The article discusses the need for nationally oriented education in the unity of the processes of education, training and personal development. The relevance of the parameters of educational results most desirable for the security of Russia and the preservation of the nation is emphasized. The theory of nationally oriented education with the necessary necessity presupposes a methodology of education, training and development of a morally and patriotically mature personality, ready for socially responsible behavior and constructive activity. The theory of nationally oriented education should include: the concept of a new didactics; the concept of education in conditions of a radically changed being layer of life of children and adults; the concept of the development of intelligence as a systemic interaction of cognitive abilities and a representative picture of the world. In the prevailing geopolitical, socio-cultural and socio-economic conditions, a nationally oriented education should be a state and personally significant basis for the formation of individual and public consciousness. The goals and principles of the organization of education should be methodologically consistent. The principle of variability can be one of the central in solving the problems of education and development, but it requires the necessary restrictions in the dissemination of individual strategies for the assimilation of knowledge and their diversity. The theory of nationally oriented education should be based on the primacy of content and the need for a unified foundation of the educational space, but without the limitations of an in-depth or expanded study of the subject with the use of additional literature.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Muhammad Farooq ◽  
Amna Noor

Purpose This study aims to explore the role of corporate social responsibility (CSR) on the likelihood of financial distress for a sample of 139 Pakistan Stock Exchange (PSX) listed firms throughout 2008–2019. Design/methodology/approach The dynamic generalized method of moments (GMM) estimator is used to examine the impact of CSR on financial distress. The investment in CSR is measured through a multidimensional financial approach which comprises the sum of the contribution made by the company in the form of charitable donation, employees’ welfare and research and development, while the Altman Z-score is used as an indicator of financial distress. The higher the Z-score, the lower will be the probability of financial distress. Findings The authors find a significant positive impact of CSR on financial distress in GMM model. This finding is consistent with the shareholder view and over-investment hypothesis of CSR as management makes an investment in CSR to get personal benefits, which resultantly leads the firm toward financial distress state. Further, this positive relationship remains present for firms having strong involvement in foreign business through exports. Research limitations/implications Like other studies, the present study is not free from limitations. First, financial firms are skipped from the sample, although literature witnesses a lot of studies highlight the financial firms’ commitment to achieving CSR goals. Second, financial distress occurs in different stages, and this study fails to establish a linkage between CSR engagement at different stages of financial distress. In the future, researchers can make valuable addition by covering these missing links in present studies. Practical implications Findings suggest several practical implications. For policymakers, they should encourage firms to adopt more socially responsible behavior as it not only prevents them from distress but also comes with better investment behavior, minimize bankruptcies and make economies more strong and stable. Second, results suggest corporate managers emphasize socially responsible behavior as its benefits are beyond the “societal benefits” as it lessens financial distress through lower cost of debt, lesser financial constraints and reduced cost of information asymmetry, and it minimizes the cost of capital. Lastly, investors make risk premium assessments related to future earnings by determining the likelihood of financial distress in the future. Originality/value The study extends the body of existing literature on CSR and the likelihood of financial distress in Pakistan, which is according to the best knowledge of the authors, not yet studied before. The results suggest that policymakers may pay special attention to the quality of CSR while predicting corporate financial distress.


Author(s):  
Natalia Polzunova ◽  
Marina Fedotova

This chapter examines the factors affecting the development of sharing economy. The purpose of this material is to identify and assess the factors of development of the sharing economy. As a result of this study, the formalization of the structure of factors influencing the development of the sharing economy is carried out, and the determinants of socially responsible behavior of subjects in the conditions of the sharing economy are determined. The formalization of the structure of factors influencing the development of the economy of joint use at the present stage was carried out by the methods of SWOT analysis. The research results allow to deepen the research in the field of the functioning of the sharing economy. The findings of the study are the basis for further research in the field of identification of stimulating factors for the development of the sharing economy and building effective business processes.


2001 ◽  
Vol 13 (1) ◽  
pp. 31-50
Author(s):  
William H. Jeynes ◽  

This essay reviews the literature on the effects of religious commitment on adolescent behavior. While the body of research on the effects of religious commitment of adolescents on their overall lives is still relatively small, that literature indicates that religious commitment tends to be associated with higher educational outcomes and a lower incidence of illegal drug use, alcohol abuse, and premarital sex. Some are reluctant to acknowledge these effects, while others champion desirable qualities in adolescents, especially educational excellence and socially responsible behavior, without incorporating their true source--religious convictions. Many of the reasons for this reluctance are rooted in the general culture, which since the 1960s marginaltes religion in America, and seeks to exclude it from the public square. Yet, based on research findings, contemporary society would benefit from encouraging adolescent religious commitment.


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