Social Business for Sustainable Development: Cases from Bangladesh

Author(s):  
Md Mahfuz Ashraf ◽  
Numa Sarker
Author(s):  
Lyudmyla Bilanych ◽  
Myroslava Kulesha-Liubinets ◽  
Tetiana Kulinich

Abstract. Nowadays the most characteristic are intense and rapid globalization, European integration processes, international social and economic cooperation and, in addition, popularization of new ideas about democracy, professional honesty, social and environmental responsibility and governance in entrepreneurship. Taken together, these factors are complementary and can advance for sustainable development of Ukraine. In this context sustainable economic development is symbiosis of an effective commercial and social business. The achievement of the optimum balance between profit maximization of Ukrainians’ companies in a long run and meeting the population’s socio-economic needs, such as enhancement of the quality of life is now recognized as a major challenge for our country. This situation is particularly complicated by the case of permanent complex crises and unsuccessful reformation of national public government. The article is devoted to the analysis of considerable theoretical and practical significance of social business as a primary entrepreneurship by which sustainable economic development of Ukraine is achieved. Social business is essential to strengthen the social responsibility, social awareness and civil unity among the market participants. These issues have been outlined in this science paper by authors. Comparison, methods of abstraction, analysis and generalization, graphic and tabular modeling are the research methods which were used in the article. In this science paper the concept of “social business”, the main features, basic principles and functions of the social entrepreneurship and impacts of the social business sector on sustainable economic development of Ukraine are analyzed by authors. So, based on theoretical and methodological research, it was determined that sustainable development is our country’s strategic goal. In the meantime, social business development is one of the key vectors to achieve defined objective. Key words: Sustainable development goals of Ukraine, social business, social entrepreneurship, incentives for development of social business in Ukraine.


2021 ◽  
Vol 13 (4) ◽  
pp. 1989 ◽  
Author(s):  
Mohd Alsaleh ◽  
Muhammad Abdulwakil ◽  
Abdul Abdul-Rahim

The Treaty of European Union (EU) sets out the EU vision for sustainable development of Europe based on balanced economic growth and price stability, a highly competitive social market economy, aiming at full employment and social progress, and a high level of protection and improvement of the quality of the environment. This led us to ask whether or not social business development stimulates the development of the bioenergy sector in the EU28 countries. Given the increasing rates of energy insecurity, environmental pollution, poverty, and unemployment, countries are switching to alternative energy sources that might promote social business development, climate change, and environmental quality. In this scenario, the bioenergy industry has received the attention of scholars and policymakers alike. The role social business development can play in the growth of the bioenergy industry remains uncertain, therefore, further investigation is necessary. This study, therefore, explores the relationships between the bioenergy industry and social business development indicators related to zero emissions, zero poverty, and zero unemployment for EU28 region countries from 1990 to 2018. Empirical evidence is based on the use of a new economic model, dynamic panel co-integration simulations (Fully Modified Ordinary Least Square, Dynamic Ordinary Least Square, and Pooled Ordinary Least Square). The results reveal a negative relationship between EU28′s bioenergy industry growth and carbon dioxide emissions, vulnerable employment, and unemployment rate, suggesting that bioenergy industry growth helps reduce pollution and unemployment. Likewise, bioenergy industry growth increases food supply, economic growth, and female employment and might be the best alternative to fossil fuels. Necessary policy related to bioenergy industry growth can be formulated, especially in achieving the sustainable development goals for social businesses.


2021 ◽  
Vol 111 ◽  
pp. 01015
Author(s):  
Valentyna Kostyuchenko ◽  
Anastasiia Kamil ◽  
Pavlo Petrov ◽  
Liubov Kolot

The disclosure of information about social business of trade enterprises is usually associated with some issues like alternative formats of presenting information (non-financial GRI reporting, managerial report, integrated report), lack of unified requirements for recognition of social business, their evaluation, scope and analytical disclosure of information, formation of data about social business in the system of controlling’s accounting support in trade enterprise. The purpose is to deepen the theoretical foundations and substantiate the proposals for the formation of controlling’s accounting support in trade enterprise by creating a strategic map in the context of social business. The dialectical method, methods of induction and deduction, scientific abstraction, comparative characteristics, economic and statistical methods were used in the research process. The formation of controlling’s accounting support in the trade enterprises in accordance with the goals of sustainable development will solve problems related to new social challenges, reduce systemic risk, increase brand value, increase sales and will build the trust of customers and society.


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