scholarly journals Socioemotional Wealth (SEW) of Family Firms and CEO Behavioral Biases in the Implementation of Sustainable Development Goals (SDGs)

Energies ◽  
2021 ◽  
Vol 14 (21) ◽  
pp. 7411
Author(s):  
Elżbieta Bukalska ◽  
Marek Zinecker ◽  
Michał Bernard Pietrzak

Agreed upon by the UN member states, Agenda 2030 assumes joint action for long-term sustainable development. These actions are focused on the implementation of 17 Sustainable Development Goals (SDGs), where actions are assumed to lead to the suppression of negative externalities of human activity. It is stressed that the objectives of sustainable development can only be achieved through deep institutional changes in most dimensions of the economy, including the entrepreneurship dimension. Entrepreneurship plays a pivotal role in the sustainable transformation of the community, as the related activities of companies are the source of the desired structural changes. Entrepreneurial projects make the biggest contribution to the objectives of sustainable development through research and development, investment in new technologies, and innovation. The biggest threat to sustainable entrepreneurship is firms’ aggressive corporate financial strategy, which most often results from CEO overconfidence and aggressive financial behavior. The aim of the article is to indicate differences in corporate financial strategies regarding the status of the company (family or non-family) and CEO characteristics (overconfident or non-overconfident). The fulfilment of this aim by analyzing a selected EU member country (Poland) found more aggressive behavior of overconfident CEOs in non-family firms. It was also found that family firms are a fairly coherent group of companies that implement a more conservative corporate financial strategy regardless of CEO characteristics. We can state that family power can curb CEO overconfidence and its impact on aggressive financial strategy. This means that family firms are much more able to create sustainable entrepreneurship and contribute to Sustainable Development Goals (SDGs) within a market framework.

Author(s):  
N. Rodigina ◽  
S. Moleva ◽  
M. Logina ◽  
V. Musikhin

This article is devoted to digitalization as a challenge of the modern world economy. The digital revolution has changed our lives and societies with unprecedented speed and scale, providing huge opportunities as well as daunting challenges. New technologies can make a significant contribution to achieving sustainable development goals, but positive results should not be taken for granted.


2021 ◽  
Vol 49 (2) ◽  
pp. 9-9
Author(s):  
CSG-Ed team

The growing role that computing will play in addressing the world's pressing global issues has begun to move to center state, as Big Data for the SDGs (Sustainable Development Goals) is now included among the United Nations' Global Issues. The UN summarizes this Big Data issue as "The volume of data in the world is increasing exponentially. New sources of data, new technologies, and new analytical approaches, if applied responsibly, can allow to better monitor progress toward achievement of the SDGs in a way that is both inclusive and fair" [2], Elsewhere, we have applauded and argued for computing initiatives, including computer science education, that specifically focus on such "pressing social, environment, and economic problems" [1] and we acknowledge our SIGs commitment to directly tackling such issues.


2020 ◽  
Vol 4 (2) ◽  
pp. 45-60 ◽  
Author(s):  
Andrija Popović

We are at the cusp of the Fourth Industrial Revolution, and its implications on the society are far-reaching. The purpose of this paper is to give a comprehensive overview of the implications that Industry 4.0 has on the Sustainable Development Goals from the UN Agenda 2030, based on the review and the analysis of the available literature. The paper is structured to give an insight into the basic concepts of Industry 4.0 and Sustainable Development, then moves through the implications of new technologies on the Sustainable Development Goals, and finally, points out the areas that need to be addressed by policymakers. This paper just tapped into the potentials and issues that the Fourth Industrial Revolution brings while leaving the room for in-depth research of any of the analyzed areas.


2020 ◽  
Vol 12 (11) ◽  
pp. 4674 ◽  
Author(s):  
Judit Oláh ◽  
Nemer Aburumman ◽  
József Popp ◽  
Muhammad Asif Khan ◽  
Hossam Haddad ◽  
...  

Industry 4.0 is a concept that originated from the German industry, and whose essence is the use of technology for efficient production. In business today, the emergence of Industry 4.0 for production, and its related technologies, such as the Internet of Things (IoT) and cyber-physical systems, amongst others, have, however, a negative impact on environmental sustainability as a result of air pollution, the poor discharge of waste, and the intensive use of raw materials, information, and energy. The method used in this study is an analysis of a literature review of manuscripts discussing topics related to Industry 4.0 and environmental sustainability published between 2000 and 2020. There is currently a gap existing between the actual and the desired situation, in that production occurs in a weak sustainability model, and, therefore, this research debates the effects on environmental sustainability and the challenges facing Industry 4.0. Four scenarios are discussed: a deployment scenario, an operation scenario, integration and compliance with sustainable development goals, and a long-run scenario. The results indicate that there is a negative relationship related to the flow of the production process from the inputs to the final product, including raw materials, energy requirements, information, and waste disposal, and their impacts on the environment. However, the integration of Industry 4.0 and the sustainable development goals enhance environmental sustainability to create ecological support that guarantees high environmental performance with a more positive impact than before. This paper will help stakeholders and companies to provide solutions to the existing environmental challenges that can be mediated through adopting new technologies. The novelty of this study is its depiction of Industry 4.0 and its technologies integrated with sustainable development goals to create a sustainable Industry 4.0 combining environmental protection and sustainability.


2021 ◽  
Vol 13 (15) ◽  
pp. 8136
Author(s):  
Amal Marzouki ◽  
Arbi Chouikh ◽  
Sehl Mellouli ◽  
Rim Haddad

The United Nations (UN) adopted the seventeen “Sustainable Development Goals” (SDGs) in early September 2015. One of these goals is SDG 11, which refers to the sustainable cities and communities. In this context, local governments face the challenge of aligning with this objective. As a result, they are increasing outreach to their organizational boundaries to involve citizens in policy making and strategy development, continually listening to citizens’ voices. One of the methods citizens use to express themselves is social media. This paper will emphasize social media platforms and specially Twitter to explore the public discourse about cities in the context of SDG 11. We applied descriptive quantitative and qualitative analysis to analyze the tweets that include terms and hashtags referring to the SDG 11. The data analysis process is composed of three major procedures: 1-Engagement analysis, 2-Trends based analysis and 3-Data Insights. Our results show that: 1-the COVID’19 pandemic negatively impacted users engagement towards SDG 11, 2-new technologies such AI and IoT are gaining more importance to help cities reach SDG 11, and 3-the SDGs are related and one SDG can impact other SDGs.


Author(s):  
Dominic Hofstetter

The most tangible and pressing problems of the 21st century are complex systemic issues. Addressing them requires deep structural changes within the socio-technical systems that constitute modern civilization. As financial capital is an important lever of change in such systems, the way in which we deploy capital affects our ability to accomplish the UN’s Sustainable Development Goals. The problem is that today’s capital markets operate under a set of axioms, paradigms, and structures that make them ill-suited to fuel systemic transformations. There is thus a need for an investment logic that deploys capital with a different intent and mindset and with different methodologies, structures, capabilities, and decision-making frameworks. Residing at the intersection of systems thinking and finance practice, Transformation Capital is such a logic. This article introduces Transformation Capital and discusses how it can be tested through real-world prototyping.


2021 ◽  
Author(s):  
Luiz Cruz Villares

Ambient intelligence data is key for the global scope of climate, biodiversity, water, air pollution, and general environmental control. The account of carbon emissions, water and air pollutants, sea and freshwater life, and earth nature quality, are key for a healthy environment, in local or global concerns. Controlling initiatives and data management for the environment are part of sustainability strategies for governments, businesses, and entities in general. Such initiatives are increasingly connected to key mankind issues such as poverty, hunger, health, education, gender and equality, among others. Altogether, they are clearly addressed in the United Nations Sustainable Development Goals, to be met in 2030. The Sustainable Development Goals (SDGs) provide a relevant connection of environmental intelligence systems with public policies, research, international cooperation, and technology transfers. In a detailed analysis of their targets, they offer the stimulus for a vast array of technical applications linking sustainability issues with Ambient Intelligence technologies. The SDGs should be considered the benchmark for action towards a healthy environment given their global concern and interconnectivity of multiple issues related to a better quality of life. The SDGs should become, ultimately, the main driver for the spread of present and new technologies to promote better monitoring and control of the environment. The growth and advances of Ambient Intelligence technologies to new areas of knowledge should be enhanced by their connectivity with the SDGs.


Author(s):  
David Mendez ◽  
Miriam Mendez ◽  
Juana María Anguita

The Sustainable Development Goals (SDGs) 4, 5 and 9 are related to the quality of education, gender equality and the use of new technologies. It is important to bear in mind that a major part of the success of education has to do with students' motivation, which is closely connected to the use of technologies in the classroom. For this reason, a study was carried out with 131 students aged 12 and 13, 58 girls and 73 boys, who use a tablet in their Science classes. The purpose of the study was to determine, based on the Self Determination Theory, the level of intrinsic motivation of those adolescents towards the use of tablets in the classroom. The study measured the interest they have in the tasks and the value they assign to said tasks, as well as their perception of their competence in using tablets. The results reveal that students' motivation is high without significant differences between girls and boys when technological resources are included in teaching-learning processes. This is reflected by the improvement of their academic performance. It is thus possible to state that SDGs 4, 5 and 9 can be achieved.


2019 ◽  
Vol 28 (4) ◽  
pp. 572-584 ◽  
Author(s):  
Ismael Moya‐Clemente ◽  
Gabriela Ribes‐Giner ◽  
Odette Pantoja‐Díaz

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