scholarly journals Role of Organizational Flexibility in Enhancing Sustainable Green Management Practices: A Study in Emerging Market Context

2013 ◽  
Vol 4 (3) ◽  
pp. 361-368
Author(s):  
Dr. Broto Rauth Bhardwaj ◽  
A.R. Deshmukh
Keyword(s):  
Sustainable Development ◽  
Sample Size ◽  
Management Practices ◽  
Emerging Market ◽  
Emerging Economy ◽  
Management Support ◽  
Internal Environment ◽  
Green Management ◽  
Organizational Flexibility

Purpose The purpose of this paper is to identify the variables influencing the role of organizational flexibility in enhancing sustainable organization (SO) by adopting green management practices. The empirical research study identifies the characteristics of internal environment to enhance sustainable green management practices in firmsoperating in an emerging economy, such as India. Design/methodology/approach The authors studied a sample size of 62 firms all over India and measured the internal environment for enhancing sustainable green management practices. In total, 142 responses were collected.Using SPSS tool, the authors measured the impact of these variables on sustainable outcomes.Findings It was found that the critical variables with respect to Indian context included management support, a nd organizational flexibility for developing environmentally sustainable organization.Research limitations/implications Further confirmatory research needs to be conducted to establish the stability of these factors. The results need to be tested on a larger sample size. Moreover, the tool developed needs to be tested for other emerging economy context too for generalization. Practical implications Organizational flexibility would enhance the sustainable capability of the companies to compete by enhancing their competitiveness in emerging economies by adopting green management practices. Therefore, it would be critical to study the role of green management practices in enhancing the sustainability and competitiveness of the firms operating in the Indian economy. Originality/value Earlier studies have not included two important parameters, including role of organizational flexibility and management support as drivers of sustainable development even in the developed country context. Moreover, the influence of organizational flexibility on green management practices needs to be studied in the context of sustainable development which was missing in the earlier literature.

Role of management practices and their effects on firm performance: Emerging market context

2021 ◽  
Vol 30 (5) ◽  
pp. 467-479
Author(s):  
Nakul Parameswar ◽  
Zuby Hasan ◽  
Sanjay Dhir
Keyword(s):  
Firm Performance ◽  
Management Practices ◽  
Emerging Market

Determinants of voluntary formation of risk management committees

2014 ◽  
Vol 29 (7) ◽  
pp. 649-671 ◽  
Author(s):  
Nkoko Blessy Sekome ◽  
Tesfaye Taddesse Lemma
Keyword(s):  
South Africa ◽  
Risk Management ◽  
Corporate Governance ◽  
Management Practices ◽  
Emerging Economy ◽  
Board Structure ◽  
Content Type ◽  
Listed Firms ◽  
Practical Implications

Purpose – The aim of this paper is to examine the nexus between firm-specific attributes and a company’s decision to setup a separate risk management committee (RMC) as a sub-committee of the board within the context of an emerging economy, South Africa. Design/methodology/approach – The authors analyse data extracted from audited annual financial reports of 181 non-financial firms listed on the Johannesburg Securities Exchange (JSE) by using logistic regression technique. Findings – The results show a strong positive relationship between the existence of a separate RMC and board independence, board size, firm size and industry type. However, the authors fail to find support for the hypotheses that independent board chairman, auditor reputation, reporting risk and financial leverage have an influence on a firm’s decision to establish RMC as a separately standing committee in the board structure. The findings signify the role of costs associated with information asymmetry, agency, upkeep of a standalone RMC, damage to the reputation of directors and industry-specific idiosyncrasies on a firm’s decision to form a separate RMC. Research limitations/implications – As in most empirical studies, this study focuses on listed firms. Nonetheless, future studies that focus on non-listed firms could add additional insights to the literature. Investigating the role of firm-specific governance attributes other than those considered in the present study (e.g. gender of directors, ownership structure, etc.) could further enhance the understanding of antecedents of risk-management practices. Practical implications – The findings have practical implications for the investment community in assessing the quality of risk management practices of companies listed on the JSE. Furthermore, the results provide insights that are potentially useful to the King Committee and other corporate governance regulators in South Africa in their effort to improve corporate governance practices. Originality/value – The present study focuses on firms drawn from an emerging economy which has profound economic, institutional, political and cultural differences compared to advanced economies, which have received a disproportionately higher share of attention in prior studies. Thus, the study contributes additional insights to the literature on corporate risk management from the perspective of an emerging economy.

scholarly journals Emerging role of artificial intelligence in waste management practices

2021 ◽  
Vol 889 (1) ◽  
pp. 012047
Author(s):  
Puneet Sharma ◽  
Upma Vaid
Keyword(s):  
Sustainable Development ◽  
Waste Management ◽  
Solid Waste ◽  
Management Practices ◽  
Solid Waste Management ◽  
Management Strategies ◽  
Living Condition ◽  
Development Goals ◽  
Waste Management Practices

Abstract Sustainable development goals target to achieve better living condition in all countries by 2030 and this paves the need for ecological assessment and management. Accelerating environmental deterioration triggers the scientific community to invest and formulate policies and strategies for environmental management, which will lead to sustainable development. Among all environmental issues solid waste management pose serious threat considering the increase in amount of generation of waste in all economies. Better management strategies and policies are required to ensure better living conditions. Incorporation of AI based models to assist the human efforts not only ensure better management of waste but also aid in reduced carbon emissions. Various models and algorithms have been evaluated to assess their potential in better management of solid waste. Algorithms are available in various domains. In thisreview article, role of various AI based techniques in waste management is discussed.

Internal audit function and real earnings management practices in an emerging market

2020 ◽  
Vol 28 (6) ◽  
pp. 1209-1230
Author(s):  
Belal Ali Abdulraheem Ghaleb ◽  
Hasnah Kamardin ◽  
Adel Ali Al-Qadasi
Keyword(s):  
Earnings Management ◽  
Management Practices ◽  
Emerging Market ◽  
Negative Relationship ◽  
Internal Audit ◽  
Least Square ◽  
Real Earnings Management ◽  
Content Type ◽  
Internal Audit Function

Purpose This study aims to investigate the monitoring role of internal audit function (IAF) on real earnings management (REM) practices. It examines the effect of investment in IAF (IIAF) and IAF sourcing arrangements on REM, unlike prior literature which has mainly examined the effects of IIAF on accrual-based earnings management. Design/methodology/approach This study uses a sample of 1,056 observations from an emerging market, Malaysia, between 2013 and 2016. Feasible generalised least square (FGLS) regression is used to analyse the data. To corroborate the results of this study, the authors use an ordinary least square (OLS) regression model with robust standard errors adjusted and also consider alternative REM measures. Findings The results of this study suggest that IIAF has a significant negative relationship with REM practices. Further, in-house IAF sourcing has a significant negative association with REM. The additional analysis supports the main results confirming the essential role of IAF in reducing REM in the Malaysian market. Practical implications The evidence relates to the important role of IAF in mitigating REM practices. High-quality of IAF impairs managers’ ability to manage earnings in their own interests. The findings may be useful in informing regulators, managers, shareholders and other investors, as well as researchers, about improving the role of IAF. Originality/value This study contributes to the existing literature by providing the first evidence of the significant role of IIAF and IAF sourcing arrangements in mitigating REM in an emerging country.

Green training and organizational efficiency: mediating role of green competencies

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Shamaila Gull ◽  
Hassan Idrees
Keyword(s):  
Structural Equation ◽  
Management Practices ◽  
Iso 14001 ◽  
Business Practices ◽  
Organizational Efficiency ◽  
Green Management ◽  
Content Type ◽  
Textile Manufacturing ◽  
Mediating Role

Purpose This paper aims to highlight the importance of implementing green training as a part of green management practices in organizational operations by building the arguments through the lens of Ability–Motivation–Opportunity (AMO) theory. In this regard, the mediating impact of green competencies on the association between green training and organizational efficiency is determined. Design/methodology/approach The research followed a quantitative and cross-sectional approach. The study involved ISO-14001 certified textile manufacturing organizations to better serve the research purpose. The responses were collected from 235 managerial-level employees through purposive sampling. The data analysis was performed by using structural equation modelling to examine the interrelated dependence of the variables. Findings The findings of the study reveal that green training is essential for environmentally responsible organizations to attain their goals of efficient resource consumption in addition to serving the greater cause of environmental protection. There is a dire need to impart environmental-friendly competencies to the employees who resultantly become able to adopt eco-efficient ways of doing business. Research limitations/implications This study also has limitations regarding the generalizability of its results. It is primarily because of the limited sample size and restricted geographical domain. Additionally, AMO theory has not been empirically tested in this study. Practical implications Progressive textile manufacturers need to incorporate a consistent policy for green management practices to meet the expectation of their international clients and to remain competitive in international markets. It is equally important for the governmental authorities to design such environmental policies which necessitate the need of incorporating pro-environment business practices and measuring their outcomes. Originality/value This study will contribute to enrich the literature by offering an empirical analysis of green training for achieving the organizational efficiency in textile manufacturing sector. It will be a novel context to contribute to the literature of green management practices and its related fields. Moreover, the study is one of its kind that uses the AMO theory to identify the mediating role of green competencies for understanding the association between green training and organizational efficiency.

scholarly journals The Application Potential of Eco-Efficiency for Greening Company

2018 ◽  
Vol 31 ◽  
pp. 07012
Author(s):  
Lukman Eka Prasaja ◽  
Hadiyanto
Keyword(s):  
Sustainable Development ◽  
Natural Resources ◽  
Steering Committee ◽  
Internal Environment ◽  
Industrial Management ◽  
Human Needs ◽  
Energy Needs ◽  
The World ◽  
Application Potential

Eco-Efficiency emerged in the 1990s as a measure of "the efficiency that ecological sources use to meet human needs." As a tool in economic and environmental integration, Eco-efficiency needs to be promoted further so that regulation in government and industrial management can include it as an important instrument. This paper provides several approaches that can help various industries to develop effective eco-efficiency principles. The approach used is to maximize the role of the Steering Committee of the company's internal environment. Utilization of natural resources such as water, forests, mines and energy needs need to be balanced with Eco-Efficiency so that natural exploitation can be well controlled so that sustainable development aspired by the world can be realized.

scholarly journals Effect of Risk Management Practices on Banks Performance Moderating Role of Managerial Expertise as a Competitive Edge

2020 ◽  
Vol 16 (1) ◽  
pp. 88-100
Author(s):  
Waqas Ali ◽  
Keyword(s):  
Risk Management ◽  
Sample Size ◽  
Management Practices ◽  
Performance Enhancement ◽  
Small Sample Size ◽  
Small Sample ◽  
Cross Sectional ◽  
Inadequate Sample Size ◽  
Moderating Role

The main aim of this research study is to determine effect related to risk management practices on bank’s performance in presence of managerial expertise. Expertise and low overheads known to be an advantage on competitors in market. In this study, we propose to use the managerial expertise as competitive force to drive forward the ventures in the industry. Banking known to be intensely competitive industry in the business globe. It greatly requires the risk management and performance enhancement managerial expertise. Random method utilized for data collection through summated scale on five Liker point. Data collected from 70 operational managers, branch managers, and senior risk managers of the bank. This study utilized reliability analysis, correlation and regression analysis by using SPSS v.26. Results illustrated that effective risk management practices significantly influence performance of banks with moderating role of expertise based on managerial capabilities. This study prone with some limitation foremost inadequate sample size and cross-sectional study which influences on the generalization of study, root cause of small sample size is limited number of banks in Azad Kashmir. Moreover, this study recommends to bankers need to pay attention on risk management practices as well as managerial expertise to improve performance of banks and achieve competitive advantage by using that managerial expertise.

scholarly journals AN INVESTIGATION ON ROLE OF GREEN HUMAN RESOURCE MANAGEMENT PRACTICES ON SUSTAINABLE DEVELOPMENT OF ORGANIZATIONS

2021 ◽  
Vol 37 (04) ◽  
pp. 400-408
Author(s):  
Fahad Albejaidi
Keyword(s):  
Sustainable Development ◽  
Management Practices ◽  
Social Performance ◽  
Human Resource Management Practices ◽  
Convenience Sampling ◽  
Green Human Resource Management ◽  
Environment Sustainability ◽  
Criterion Variables ◽  
Day By Day

Sustainability is the main problem of organizations. Due to environmental uncertainty and human negligence lot of issues related with environment are increasing day by day. That is why implementing green policies and initiating green activities are crucial for organizations to attain competitive advantage and sustainability. The purpose of the existing study was to determine direct link between GHRM and sustainable development. For this drive, survey from 416 respondents was conducted. Those organizations that have awareness of environmental issues and have implemented and initiated green objectives were chosen for this study. The non-probability convenience sampling was used for selecting sample size. SPSS 25 was used. Exploratory factor analysis and reliability test were conducted the findings show the scales adopted are found valid and reliable. Further regression was run to test hypotheses; it shows that all predictor have impact upon criterion variables. Only green training has insignificant effect on environment sustainability while green RSL, GT and green rewards also does not have impact on social performance.

scholarly journals The role of soils in delivering Nature's Contributions to People

2021 ◽  
Vol 376 (1834) ◽  
pp. 20200169 ◽  
Author(s):  
Pete Smith ◽  
Saskia D. Keesstra ◽  
Whendee L. Silver ◽  
Tapan K. Adhya
Keyword(s):  
Sustainable Development ◽  
Best Management Practices ◽  
Management Practices ◽  
Soil Health ◽  
Soil Management ◽  
Natural Ecosystems ◽  
Theme Issue ◽  
Soil Biodiversity ◽  
To Come

This theme issue provides an assessment of the contribution of soils to Nature's Contributions to People (NCP). The papers in this issue show that soils can contribute positively to the delivery of all NCP. These contributions can be maximized through careful soil management to provide healthy soils, but poorly managed, degraded or polluted soils may contribute negatively to the delivery of NCP. Soils are also shown to contribute positively to the UN Sustainable Development Goals. Papers in the theme issue emphasize the need for careful soil management. Priorities for soil management must include: (i) for healthy soils in natural ecosystems, protect them from conversion and degradation, (ii) for managed soils, manage in a way to protect and enhance soil biodiversity, health, productivity and sustainability and to prevent degradation, and (iii) for degraded soils, restore to full soil health. Our knowledge of what constitutes sustainable soil management is mature enough to implement best management practices, in order to maintain and improve soil health. The papers in this issue show the vast potential of soils to contribute to NCP. This is not only desirable, but essential to sustain a healthy planet and if we are to deliver sustainable development in the decades to come. This article is part of the theme issue ‘The role of soils in delivering Nature’s Contributions to People’.

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