Social effectiveness of the market economy: measuring and management

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Aleksei V. Bogoviz ◽  
Anna V. Shokhnekh ◽  
Elena S. Petrenko ◽  
Elizaveta A. Milkina
Keyword(s):  
Market Economy ◽  
Global Economy ◽  
Human Potential ◽  
Content Type ◽  
Social Effectiveness ◽  
Global Competitiveness ◽  
Russian Economy ◽  
The Social ◽  
The Usa ◽  
Cyclic Algorithm

PurposeThe purpose of the paper is to develop the scientific and methodological provision for measuring and managing the social effectiveness of the market economy and its approbation.Design/methodology/approachWith foundation on the classical idea of effectiveness as a ratio of results to costs, and with acknowledgment of incompatibility and inequality of the elements of social effectiveness and the necessity of their ranking, the authors' formula for its evaluation is presented, and the methodology of its application is offered.FindingsIt is substantiated that the economic component of effectiveness of the market economy might have no connection with its social component, moreover, these two components could enter a vivid contradiction. This contradiction is especially vivid in countries with developed market economy. As the example of the USA shows despite the high global economy its market economy shows average statistical social effectiveness. While the experience of Russia shows that even with moderate global competitiveness of the market economy, it is possible to achieve its high social effectiveness. Advantages are achieved due to other social effects – active development of human potential and using the opportunities of the digital economy for social purposes. Social effectiveness of the Russian economy is assessed at 1.602.Originality/valueThe determined differences in the level of social effectiveness of developed and developing market economy predetermined the necessity for applying different measures to manage this effectiveness. A cyclic algorithm for managing the social effectiveness of developed and developing markets has been developed from the examples of the USA and Russia in 2019. It shows that perspectives of increasing the social effectiveness of certain market economies and leveling the disproportions of social effectiveness in the modern global economic system are connected to change of the measures of management with results and costs and for avoiding their mutual neutralization, the authors offer scientific and practical recommendations.

The development experiences of two small African and Northern European communities under globalisation

2014 ◽  
Vol 8 (4) ◽  
pp. 234-260 ◽  
Author(s):  
Tomi Ovaska ◽  
Louw Van der Walt ◽  
Robert B. Anderson
Keyword(s):  
Global Economy ◽  
Indigenous Communities ◽  
Content Type ◽  
Small Communities ◽  
Social Fabric ◽  
Stakeholder Groups ◽  
Northern European ◽  
The Social ◽  
Development Literature ◽  
Global World

Purpose – The purpose of this study is to focus on the development experience in the global world of two small communities, Viimsi in Estonia and Magog in South Africa. These two communities were chosen as exemplars because the authors were familiar with both, and understood them to be illustrative of differing outcomes of interaction of small communities with the global economy offering the prospect of generalisation of findings to the framework and theory. Twenty years ago, both were poor, since then Viimsi has become wealthy, while Magopa remains poor. It is not believed that becoming the wealthiest community in Estonia was Viimsi’s per-determined destiny. What people of Viimsi did to make their community a success relative to the surrounding peer communities is a story of the visible as much as the invisible attributes. Design/methodology/approach – These attributes are examined using a framework the authors’ originally developed to explore the participation of Indigenous communities in the global economy in pursuit of development as they defined it. A thorough investigation was done on the interactions among various community stakeholder groups in an attempt to describe the social fabric of these two communities, and this was used to explain why Viimsi was able to take advantage of globalisation, when Magopa was not. Findings – While it will be hard, no doubt, to translate all the success attributes of Viimsi to a different location and time, some of the lessons that were uncovered from the study are universal in nature, making them potentially useable for other small communities trying to find their way in the global world. Research limitations/implications – Studying only two communities means that the generalisation of the findings is limited to theory. None can be made directly to the population of similar communities, except indirectly through exploration using the theory being developed to test its validity in other circumstances. Practical implications – The findings from this paper will increase the understanding of the factors that contribute the a community’s success of lack of, in participating in the global economy. Originality/value – This is an under-researched area within development literature.

Seeking legitimacy

2019 ◽  
Vol 11 (6) ◽  
pp. 1009-1021 ◽  
Author(s):  
Dennis M. Patten
Keyword(s):  
Relevant Literature ◽  
Legitimacy Theory ◽  
Environmental Disclosure ◽  
Content Type ◽  
The Social ◽  
The Usa ◽  
Social And Environmental Disclosure ◽  
The Rich ◽  
Csr Disclosure ◽  
Corporate Social

Purpose In this essay, the author reflects on the legitimacy theory in corporate social responsibility (CSR) disclosure research. Design/methodology/approach This is a reflection/review essay based on a review of relevant literature. Findings Although almost constantly under attack from a variety of scholars, legitimacy theory seems to hold on in the social and environmental disclosure arena. However, the failure of the recent wave of CSR-themed work published in The Accounting Review to even acknowledge, let alone engage with, the theory is problematic. Research limitations/implications We, in the CSR disclosure arena, need to do all we can to help emerging scholars (particularly in the USA) find the rich body of research the mainstream journals fail to discuss. Practical implications Legitimacy-based research can help move CSR disclosure at least closer to being a tool of accountability, as opposed to a tool for legitimation. Social implications Perhaps the critique of the mainstream North American literature’s failure to consider legitimacy theory can lead to the recognition of the need to focus on the harm to sustainability that a narrow, shareholder-centric focus leads to. Originality/value This reflection takes a unique look at the contributions of legitimacy theory to CSR disclosure research.

Aristotelian rhetoric and Facebook success in Israel’s 2013 election campaign

2015 ◽  
Vol 39 (2) ◽  
pp. 149-162 ◽  
Author(s):  
Tal Samuel-Azran ◽  
Moran Yarchi ◽  
Gadi Wolfsfeld
Keyword(s):  
Social Media ◽  
Party System ◽  
Election Campaigns ◽  
Content Type ◽  
Rhetorical Strategy ◽  
The Social ◽  
Campaign Messages ◽  
The Usa ◽  
Competitive Nature ◽  
Aristotelian Rhetoric

Purpose – The purpose of this paper is to contribute to the mapping of the social media discourse involving politicians and their followers during election campaigns, the authors examined Israeli politicians’ Aristotelian rhetoric on Facebook and its reception during the 2013 elections campaign. Design/methodology/approach – The authors examined the Aristotelian rhetorical strategies used by Israeli politicians on their Facebook walls during the 2013 elections, and their popularity with social media users. Findings – Ethos was the most prevalent rhetorical strategy used. On the reception front, pathos-based appeals attracted the most likes. Finally, the results point to some discrepancy between politicians’ campaign messages and the rhetoric that actually gains social media users’ attention. Research limitations/implications – The findings indicate that Israel’s multi-party political system encourages emphasis on candidates’ credibility (ethos) in contrast to the prevalence of emotion (pathos) in typical election campaigns in two-party systems like the USA. One possible explanation is the competitive nature of elections in a multi-party system where candidates need to emphasise their character and distinct leadership abilities. Practical implications – Politicians and campaign managers are advised to attend to the potential discrepancy between politicians’ output and social media users’ preferences, and to the effectiveness of logos-based appeals. Originality/value – The study highlights the possible effect of the party system on politicians’ online rhetoric in social media election campaigns.

Is there a commendable regime for combatting money laundering in international business transactions?

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Andrew Emerson Clarke
Keyword(s):  
International Business ◽  
Money Laundering ◽  
Global Economy ◽  
Task Force ◽  
Academic Research ◽  
State Level ◽  
Content Type ◽  
The Usa ◽  
Enforcement Mechanisms ◽  
The Uk

Purpose Money laundering and grand business corruption continue to plague the global economy, accounting for 2%-5% of the global gross domestic product. Illicit funds, produced through grand corruption, are laundered using complex layering schemes that cloak them in legitimacy by concealing their origins. Lamentably, weak anti-money laundering (AML) frameworks promote economic instability, unjust commercial advantages and organized crimes. This study aims to highlight the need for comprehensive anti-corruption and AML frameworks by critiquing the exploitable gaps in the global AML regime created by heterogeneous state-level AML regimes to date. Design/methodology/approach This study welcomes the United Nations Convention against Corruption (UNCAC) and the financial action task force (FATF) recommendations but underscores the limitations of their effectiveness by investigating state-level enforcement mechanisms to determine these instruments’ true impact or lack thereof. The mutual evaluation reports (MERs) and state-level AML regimes in the UK, the USA and Canada are analyzed to illustrate the distinct implementation of international soft law in domestic legislation. Findings This study finds that UNCAC and the FATF recommendations are pivotal steps towards the establishment of a global AML regime for international business, albeit, one that remains imperfect because of the inconsistency of state-level AML frameworks. Consequently, international cooperation is needed to navigate and improve the discrepancies in varied AML legislation. Originality/value The author provides an in-depth and balanced analysis of current state-level AML developments and relies upon the recent 2016-2018 MERs to indicate the successes and flaws of various AML legislation. Therefore, this critique may guide stakeholders to construct robust AML frameworks and contributes to academic research in AML.

Metamorphosis of a kibbutz industry: an Israeli case study

2015 ◽  
Vol 10 (2) ◽  
pp. 181-197 ◽  
Author(s):  
Yaffa Moskovich ◽  
Yuval Achouch
Keyword(s):  
Global Economy ◽  
Design Methodology ◽  
Single Case ◽  
Current Trend ◽  
Content Type ◽  
Ethnographic Interviews ◽  
The Social ◽  
A Current ◽  
Organizational Literature

Purpose – The purpose of this paper is to focus on a current trend in kibbutz industries, and to examine the numerous changes at Millennium Industries. Design/methodology/approach – A case study was carried out documenting the organizational biography of Millennium Industries. Ethnographic interviews were held with kibbutz members employed by the organization, former CEO’s and with other workers. Findings – The research describes the life cycle of the plant from its beginnings, through its maturity, its growth until its decline. It also explains the organizational failure of the plant, in terms of its background and the difficulties of managing a kibbutz industry in an era of global economy. The causes of its decline stem mainly from a kibbutz-style management based on non-professional involvement of the community in business, and incompatible with the rough competition of capitalistic markets. The plant was finally sold to a private investor, thereby losing its identity as a kibbutz plant. Research limitations/implications – As a single case-study this research cannot pretend to statistical generalization of the findings but linked to the kibbutz and the organizational literature, findings seem to allow generalization of theoretical propositions concerning evolution of the kibbutz industry (an analytic generalization according to Yin, 2013). Originality/value – While the kibbutz society and its industry are involved in deep changes for the two last decades, very little research was made on kibbutz industry. This paper should contribute to actualize the social knowledge about these specific and interesting phenomena.

The Balancing Act

2017 ◽  
Vol 55 (4) ◽  
pp. 390-406 ◽  
Author(s):  
Vicki Park ◽  
Elise St John ◽  
Amanda Datnow ◽  
Bailey Choi
Keyword(s):  
Decision Making ◽  
Data Use ◽  
Content Type ◽  
Student Placement ◽  
Organizational Contexts ◽  
Socially Constructed ◽  
Classroom Placement ◽  
The Social ◽  
The Usa ◽  
Decision Making Processes

Purpose The purpose of this paper is to examine how data are used in classroom placement routines. The authors explore educators’ assumptions about the purposes of the classroom placement routine, detailing the ostensive (i.e. structure and template) and performative aspects of the routine itself, and the implications of data use for equity and leadership practices. Design/methodology/approach Using a multi-site case study involving in-depth interviews of teacher and school leaders and observations of meetings, the authors examined the role that data played in classroom placement routines in three elementary schools in the USA. Findings Findings show that educators across schools collected similar types of multi-dimensional data; however, analysis and decision-making processes varied based on their assumptions and goals. Assessing student needs holistically and balancing students across classes based on academic diversity, behavioral or socio-emotional needs, gender and teacher workload were consistent patterns. There was a distinct difference between collecting data and actually using it as a basis of decision making. Research limitations/implications These findings highlight the importance of using in-depth observations to understand data use in schools. Educators’ assumptions and philosophies about classroom placement contributed to the pattern of discussion and decisions made throughout the routines. Delving deeper into how data are used in specific routines and organizational contexts can illuminate how data use is socially constructed and enacted for equity. Practical implications Educators who guide school routines have the power to maintain taken-for-granted assumptions about students, or to create counter-narratives. Originality/value This study provides insights into classroom and student placement processes by emphasizing the social and interactional dimensions of data use as they unfold in practice. It also extends empirical knowledge about the purposes, dimensions, and uses of data-driven decision making models.

scholarly journals Exploring the scalability process of social innovation

2019 ◽  
Vol 16 (3) ◽  
pp. 218-234 ◽  
Author(s):  
Larissa Medianeira Bolzan ◽  
Claudia Cristina Bitencourt ◽  
Bibiana Volkmer Martins
Keyword(s):  
Impact Factor ◽  
Research Agenda ◽  
Design Methodology ◽  
Social Innovation ◽  
Financial Sustainability ◽  
Content Type ◽  
The Social ◽  
The Usa ◽  
The Subject

Purpose Social innovation is a recent theme, and the practices related to this area are characterized by punctual actions and projects restricted by time and space that make it difficult to develop strategies that can be sustained in this field. Therefore, one point that deserves to be highlighted in studies on social innovation is a matter of scalability. This paper aims to deal with a bibliometry whose objective was to map the existing studies about scalability of social innovation carried out in the Capes and EBSCOHost portals. Design/methodology/approach This paper deals with a bibliometry. The topic researched in this bibliometry is scalability of social innovation. The databases chosen for this research were Portal Periódico Capes and EBSCOHost because they are the leading providers of search databases. Findings A total of 42 papers were considered, distributed between 2002 and 2017. The analysis criteria for the study were origin (composed by year, author, country of origin, periodical and impact factor), focus of the investigations, justification, method and main techniques of research, contributions and theoretical advances and challenges and paths. Originality/value Among the main results found, one of them is that scalability is a topic that began to be researched recently, so that the USA and Brazil lead the research. Most of the studies focused on the scalability process and justified the importance of studies on the subject as a way to explore the potential of expanding the social impacts of a social innovation. Several studies have emphasized the role of networks as being quite positive for the scalability process and have been concerned with identifying factors that contribute to the scalability process. The challenge that most stood out among the papers was the financial sustainability of a social innovation. At the end, a research agenda was proposed.

Perspectives on social impact measurement and non-profit organisations

2016 ◽  
Vol 34 (1) ◽  
pp. 80-98 ◽  
Author(s):  
Michael Jay Polonsky ◽  
Stacy Landreth Grau ◽  
Sharyn McDonald
Keyword(s):  
Social Impact ◽  
Objective Assessment ◽  
International Perspective ◽  
Impact Measurement ◽  
Content Type ◽  
Non Profit ◽  
True Value ◽  
The Social ◽  
The Usa ◽  
Depth Interviews

Purpose – Acknowledgement of the social impact created by organisations has become an increasingly frequent discussion among practitioners. The importance of such value creation cannot be understated, yet in an increasingly competitive funding environment, the need to articulate “true” value is paramount. The purpose of this paper is to examine how Australian and US managers of non-profit organisations (NPOs) and foundations view the measurement of the social impact of NPOs. Design/methodology/approach – The paper includes 19 in-depth interviews of non-profit professionals in the USA and Australia. Respondents included non-profit managers, foundation managers and consultants in both countries. Findings – The in-depth interviews found that in both countries respondents generally agreed that objective measures of impact are desirable, but recognised the difficulties in developing objective assessment frameworks enabling comparisons across the non-profit sector. These difficulties, as well as the implications for developing assessments of social value for NPOs, are discussed. This paper demonstrates that there is an opportunity to reposition reporting expectations. The NPO sector can pool together and build on each other’s strengths and market their outcomes as a collective entity. A sector-wide approach provides potential for much needed within-sector mentoring and will showcase the rich and varied outcomes generated by NPOs. Originality/value – This research compares viewpoints in two Western countries, thus offering at least an exploratory examination of social impact assessment from an international perspective. Additionally, this research shows commonalities in terms of what is valued and what is most difficult for non-profits when determining social impact.

A protocol for the estimate of the social rate of time preference: the case studies of Italy and the USA

2020 ◽  
Vol 47 (3) ◽  
pp. 527-545 ◽  
Author(s):  
Antonio Nesticò ◽  
Gabriella Maselli
Keyword(s):  
Time Preference ◽  
Selection Process ◽  
Policy Implications ◽  
Public Project ◽  
Content Type ◽  
Evaluation Protocol ◽  
Allocation Process ◽  
Social Rate ◽  
The Social ◽  
The Usa

PurposeThe purpose of the paper is to characterize an evaluation protocol of the social discount rate (SDR). This is based on the social rate of time preference (SRTP) principles, according to which the investment selection process must tend to maximize the utility of the community.Design/methodology/approachThe theoretical reference of the evaluation protocol is represented by the Ramsey formula. It is widely used in many countries with advanced economics for the SRTP estimation, through the maximization of the Social Welfare Function (SWF).FindingsThe protocol structure and the protocol applications to the Italian and US economies explain how the SDR value is influenced by the socio-economic structure of the single nation.Research limitations/implicationsThe strong variability of the results of the SDR according to the theoretical approach of reference and the operating path that follows can lead to judgments decidedly divergent on the acceptability of the public project, hence, the important policy implications for the entire allocation process of public resources.Practical implicationsThe applications allow to highlight the important operational problems that must be resolved with regard to the choice of the time intervals of the evaluations, as well as logical-operational tools to be used to express estimates of parameters.Social implicationsThey are relevant in relation to the effects of a more equitable allocation of the resources.Originality/valueThe protocol for the SDR estimation is based both on solid disciplinary principles and on objective data of non-complex availability and representative of the economic and socio-demographic context of the country in which the decision-making process is implemented.

To development drivers of the Russian economy

2020 ◽  
Vol 16 (10) ◽  
pp. 1881-1899
Author(s):  
V.V. Smirnov
Keyword(s):  
Global Economy ◽  
Systems Approach ◽  
Consumer Price Index ◽  
Federal Budget ◽  
Active Recovery ◽  
Public Authorities ◽  
Economic Relations ◽  
Russian Economy ◽  
The Usa ◽  
And Cluster Analysis

Subject. The article focuses on the development of Russia's economy. Objectives. The study attempts to discover development drivers of the Russian economy, the substance of economic growth during the contemporary capitalist cycle. Methods. The study is based on the systems approach and methods of statistical and cluster analysis. Results. Evaluating the median and he Fischer test of quarterly growth rates of economic and financial indicators and their clustering with federal budget, I discovered what distinguished the Russian economy from socialist China (the dynamics of growth in GDP and exports); from leading capitalist economies, such as Germany and the USA (a decrease in the unemployment rate). I determine what maintains Russia's activity during the globalization, that is, a growth in Consumer Price Index and the devaluation of the national currency. I discovered dampering signs of the Russian economy during crises and the active recovery of the global economy. Conclusions and Relevance. What will drive the development of the Russian economy mainly depends on its position in the global economy and the dampering role of capitalist cycles, considering the contradictory development of productive forces and economic relations. The findings contribute to the knowledge and new competencies of public authorities to make administrative decisions on methods to advance the Russian economy.

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