scholarly journals The Common Good Balance Sheet, an Adequate Tool to Capture Non-Financials?

2019 ◽  
Vol 11 (14) ◽  
pp. 3791 ◽  
Author(s):  
Christian Felber ◽  
Vanessa Campos ◽  
Joan R. Sanchis
Keyword(s):  
Factor Analysis ◽  
Organizational Performance ◽  
Common Good ◽  
Information Needs ◽  
Balance Sheet ◽  
Future Research ◽  
Validity And Reliability ◽  
Measurement Scales ◽  
The Common Good ◽  
The Common

In relation to organizational performance measurement, there is a growing concern about the creation of value for people, society and the environment. The traditional corporate reporting does not adequately satisfy the information needs of stakeholders for assessing an organization’s past and future potential performance. Practitioners and scholars have developed new non-financial reporting frameworks from a social and environmental perspective, giving birth to the field of Integrated Reporting (IR). The Economy for the Common Good (ECG) model and its tools to facilitate sustainability management and reporting can provide a framework to do it. The present study depicts the theoretical foundations from the business administration field research on which the ECG model relies. Moreover, this paper is the first one that empirically validates such measurement scales by applying of Exploratory Factor Analysis on a sample of 206 European firms. Results show that two out of five dimensions are appropriately defined, along with some guidelines to refine the model. Consequently, it allows knowledge to advance as it assesses the measurement scales’ statistical validity and reliability. However, as this is the first quantitative-driven research on the ECG model, the authors’ future research will confirm the present results by means of Confirmatory Factor Analysis (CFA).

scholarly journals The Common Good Balance Sheet, an Adequate Tool to Capture Non-Financials?

2019 ◽  
Author(s):  
Christian Felber ◽  
Vanessa Campos ◽  
Joan Ramon Sanchis
Keyword(s):  
Organizational Performance ◽  
Financial Reporting ◽  
Common Good ◽  
Information Needs ◽  
Balance Sheet ◽  
Validity And Reliability ◽  
Integrated Reporting ◽  
The Common Good ◽  
Corporate Reporting ◽  
The Common

In relation to organizational performance measurement, there is a growing concern about the creation of value for people, society and the environment. The traditional corporate reporting does not adequately satisfy the information needs of stakeholders for assessing an organization’s past and future potential performance. Practitioners and scholars have developed new non-financial reporting frameworks from a social and environmental perspective, giving birth to the field of Integrated Reporting (IR). The Economy for the Common Good (ECG) model and its tools to facilitate sustainability management and reporting can provide a framework to do it. The present study is the first one that empirically validates such metrics on a sample of 206 European firms. Consequently, it allows knowledge to advance as it checks their statistical validity and reliability.

scholarly journals Assessing the Economy for the Common Good Measurement Theory Ability to Integrate the SDGs into MSMEs

2020 ◽  
Vol 12 (24) ◽  
pp. 10305
Author(s):  
Ana T. Ejarque ◽  
Vanessa Campos
Keyword(s):  
Factor Analysis ◽  
Common Good ◽  
Goodness Of Fit ◽  
Measurement Theory ◽  
Measurement Scales ◽  
Validation Process ◽  
Statistical Validation ◽  
The Common Good ◽  
Starting Point ◽  
The Common

Over the past decades, sustainability and corporate sustainability have gained a lot of attention. Currently, the focus of attention has shifted to the integration of the Sustainable Development Goals (SDGs) into businesses operation. The extant literature points to the proposed frameworks as not fitting micro, small, and medium-sized enterprises (MSME) reality and, also, to a lack of empirical evidence in this field. With research at the intersection of business and SDGs still being scarce, the Economy for the Common Good (ECG) model allows operationalizing the SDGs employing its novel measurement theory. The present study is aimed at completing the statistical validation process of the ECG measurement theory using confirmatory factor analysis (CFA) on a sample of 206 European firms. Thus, after having performed an exploratory factor analysis (EFA), this study takes as a starting point the previously published knowledge and proceeds with the second step of the statistical validation process. The results of CFA confirm the conclusions of the EFA and allow to redefine the measurement scales included in the ECG framework to achieve a sufficient level of goodness of fit.

scholarly journals Value-Based Organisational Leadership: A Literature Review

2020 ◽  
pp. 92-104
Author(s):  
E. A. G. Sumanasiri
Keyword(s):  
Ethical Leadership ◽  
Common Good ◽  
Authentic Leadership ◽  
Spiritual Leadership ◽  
Future Research ◽  
Leadership Studies ◽  
Review Of Literature ◽  
The Common Good ◽  
The Common ◽  
Leadership Approaches

This review of literature explores the literature on the concept of organisational leadership which is dedicated to the leader’s commitment to ensuring the common good. A hundred and eighty four articles were identified that focused on six main types of leadership, namely, transformational leadership, ethical leadership, spiritual leadership, responsible leadership, servant leadership and authentic leadership. These approaches to leadership focus on difference aspects of organisational leadership, on its ethicality, morality, spirituality and sustainability. Effort has been also made to identify how a leader uses these values to influence his/her followers and the current challenges faced by each type of leader discussed. This paper further explores the contemporary leadership issues under each approach. Overall, it was found that over the years, organisational leadership studies that focused on the common good were complex and emerging and that this subject has attracted the attention of many leadership researchers. However, there are still areas coming under these diverse leadership approaches which should be continuously researched. Therefore, the paper concludes with possible avenues for future research in this field.

scholarly journals The Common Good Balance Sheet and Employees’ Perceptions, Attitudes and Behaviors

2021 ◽  
Vol 13 (3) ◽  
pp. 1592
Author(s):  
Jasmin Wiefek ◽  
Kathrin Heinitz
Keyword(s):  
Organizational Citizenship ◽  
Common Good ◽  
Balance Sheet ◽  
Organizational Citizenship Behaviors ◽  
Citizenship Behaviors ◽  
Good Balance ◽  
The Common Good ◽  
Attitudes And Behaviors ◽  
The Common ◽  
And Behaviors

The Common Good Balance Sheet (CGB) is an instrument to measure a company’s contribution to the common good. In our study, we investigate whether employees from companies with higher CBG scores perceive more corporate social responsibility than employees from companies with lower CBG scores and whether relationships can be found between the achieved CGB scores and employees’ job-related attitudes and behaviors. We conducted an online survey of 332 employees from eight German companies with published CGBs. According to results from multiple linear regression analyses, employees from companies with higher CGB scores perceive more CSR and are more satisfied with their jobs and payments. In addition, they report less job demands, more organizational support, more work meaningfulness and more organizational citizenship behaviors towards their company. Employees identify more with their company if high transparency and co-determination is practiced. However, the value and social impact of the companies’ products is not related to employees’ organizational identification. Moreover, employees from companies with high CGB scores do not report more organizational citizenship behaviors towards their colleagues. Our results indicate that the CGB is a tool that measures aspects concerning job-related attitudes and behaviors and allows comparability between companies. However, aspects relevant to job satisfaction may still be missing in the CGB scoring.

scholarly journals The Importance of Social Value in Agroecological Farms: Adjusting the Common Good Balance Sheet to Improve Their Sustainable Management

2021 ◽  
Vol 13 (3) ◽  
pp. 1184
Author(s):  
Vanessa Campos ◽  
Joan R. Sanchis ◽  
Carmen Talavera
Keyword(s):  
Bibliometric Analysis ◽  
Delphi Study ◽  
Common Good ◽  
Corporate Sustainability ◽  
Balance Sheet ◽  
Peer Groups ◽  
Social Value ◽  
Good Balance ◽  
The Common Good ◽  
The Common

Organic farming offers the producers the possibility of focusing on their business while obtaining a competitive advantage. Nevertheless, this is centered in specific activities of the production process, thus only creating environmental value. Therefore, it is not an approach based on sustainability. As a consequence of this, it becomes necessary to enlarge this approach toward people (social value) and profitability (economic value). The objective of this work is to describe a tool based on the Economy for the Common Good model applied to the agroecological sector. We propose to adapt the Common Good Matrix to the characteristics of agroecological farms to offer a useful tool to manage and monitor Mediterranean small farms following a sustainability approach. The methodology consists of: (1) A bibliometric analysis of agroecological publications to identify sustainability indicators; (2) Delphi method application to perform a screening among the identified indicators; and (3) the establishment of peer groups of producers to carry out jointly their Common Good Balance Sheets. Eighteen experts participated in the Delphi study, and 15 companies participated in peer groups, of which seven obtained certification as companies of the common good. The bibliometric analysis shows that there is a gap of publications on agroecology and sustainability. The results obtained from peer study confirm that those agroecological companies that apply the adapted Common Good Matrix can implement corporate sustainability more easily.

Social entrepreneurship and Economy for the Common Good: Study of their relationship through a bibliometric analysis

2019 ◽  
Vol 21 (3) ◽  
pp. 156-167 ◽  
Author(s):  
Vanessa Campos ◽  
Joan-Ramon Sanchis ◽  
Ana Ejarque
Keyword(s):  
Social Entrepreneurship ◽  
Common Good ◽  
Large Body ◽  
Future Research ◽  
Research Papers ◽  
The Common Good ◽  
Bibliographic Search ◽  
The Common ◽  
Social Ventures ◽  
The Relationship

Being social entrepreneurship (SE) the closest to Economy for the Common Good (ECG) principles, our work proposes to analyze the contribution of ECG model to SE. It is also intended to establish the relationship that exists between both concepts. Therefore, our specific objectives are to (1) identify the specific contributions of ECG principles to SE as well as their overlaps, (2) perform a literature review to analyze and quantify the number of research papers on SE and ECG, and (3) identify the possible existing gap. Through a double methodology, we (1) determine the potential contributions of the ECG model to SE, we propose to analyze the Common Good (CG) matrix and (2) empirical analysis on the existing literature body on SE and ECG. SE and ECG model share a number of principles and features which may be translated into some important overlaps in relation to both research bodies. So CG matrix can help to successfully launch and manage social ventures. This fact is mainly due to the fact that there is not a sufficiently large body of literature that relates models. In future research, it would be interesting to extend the bibliographic search to other databases.

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