scholarly journals Economic Paradigms and Corporate Culture after the Great COVID-19 Pandemic: Towards a New Role of Welfare Organisations and Insurers

2020 ◽  
Vol 12 (19) ◽  
pp. 8163
Author(s):  
Emilia Di Lorenzo ◽  
Marilena Sibillo
Keyword(s):  
Corporate Culture ◽  
Insurance Companies ◽  
Socially Responsible ◽  
Investment Policies ◽  
Corporate Strategies ◽  
Current Events ◽  
Virtuous Cycle ◽  
Public Health Protection

Current events have put us in front of new paradigms on which our life and its economic aspects seem to be based: the worldwide spread of contagion from COVID-19 threatens dramatic long-term changes in the economy, lifestyle, and social structures. Valuing virtuous behaviour through the transfer and sharing of risks among several actors allows us to achieve benefits for all. The COVID-19 pandemic leads us to experiment with new forms of public health protection, including through insurance instruments. The role of insurance companies, intrinsically linked with the protection of primary areas such as healthcare and welfare, therefore becomes more critical than ever in terms of securing the protection of people, families, and productive activities. This work endorses the design of a virtuous cycle of investments, which may be implemented starting with insurance companies; such a project would unfold through insurance policies’ contractual lines, securitisation schemes, investment policies, and socially responsible corporate strategies

scholarly journals Strategic Public Procurement: Facilitating Sustainable Development in Ukraine

2019 ◽  
Vol 8 (2) ◽  
pp. 91
Author(s):  
Vesta Malolitneva ◽  
Ruslan Dzhabrailov
Keyword(s):  
Sustainable Development ◽  
Public Procurement ◽  
Conceptual Approach ◽  
Socially Responsible ◽  
Conceptual Changes ◽  
Green Public Procurement ◽  
Development Goals ◽  
Social Environmental

New benchmarks for world development were approved at the UN Summit in 2015, namely 17 Sustainable Development Goals. Ukraine, like other UN member states, has joined the global process of ensuring sustainable development. This requires conceptual changes in all spheres of life. Public procurement is considered as one of the most powerful tools for solving social, environmental and economic challenges facing the world. The article is dedicated to the role of sustainable public procurement and substantiation of ways of changing the conceptual approach to procurement in order to achieve the goals of sustainable development in Ukraine. Based on the analysis of foreign experience, it is proposed to change the approach to public procurement in Ukraine in such a way as to emphasize not only reduction of costs and saving of public funds but also the support of the long-term goals of the state. Keywords: public procurement, sustainable development, sustainable public procurement, “horizontal” objectives, green public procurement, socially responsible public procurement.

scholarly journals – Adjustment of the Long- Term Investment Role in Omani Islamic Banks - An Empirical Study on Al- Izz Islamic Bank : تقويم الدور الاستثماري طويل الأجل في المصارف الإسلامية العُمانية - دراسة تطبيقية على مصرف العز الإسلامي -

2019 ◽  
Vol 3 (7) ◽  
Author(s):  
Jabir Shoaib Al- Ismail
Keyword(s):  
Social Development ◽  
Financial Statements ◽  
Fund Raising ◽  
Recruitment Strategy ◽  
Investment Policies ◽  
Strategy Study ◽  
Islamic Bank

Aim of the Paper: The study aimed to analyze the investment role of al- Izz Islamic Bank and its ability to make long- term investments، as well as to demonstrate the diversity of its fund- raising policies and its interest in long- term investments as a part of total fund employment when formulating its policy and recruitment strategy. Study Design: The researcher relied on the analytical descriptive approach and the case study of the Bank of al- Ezz from the final financial statements، where he worked on analyzing and extracting the results from it. Sample and Data: The data were collected by analyzing the bank's final financial statements، as well as analyzing the long- term investment policies of the Al- Izz Islamic Bank. Results: The results indicate that there has been a significant weakening of long- term investments، which has affected the bank's failure to contribute to economic and social development، while short- term financing operations have captured the largest proportion of its money- recruiting policies. Conclusion: The study was concerned with enriching knowledge about the long- term investment role of al- Izz Islamic Bank and its ability to contribute to economic and social development، thus having shed light and expanding interest in long- term investments.

scholarly journals Conceptualising sustainability through environmental stewardship and virtuous cycles—a new empirically-grounded model

2021 ◽  
Author(s):  
John W. Turnbull ◽  
Graeme F. Clark ◽  
Emma L. Johnston
Keyword(s):  
Ecological Systems ◽  
Environmental Stewardship ◽  
Social Ecological Systems ◽  
Social Ecological ◽  
Virtuous Cycle ◽  
Spiral Model ◽  
Earth Stewardship ◽  
Sustainable Futures

AbstractHumans depend on earth’s ecosystems and in the Anthropocene, ecosystems are increasingly impacted by human activities. Sustainability—the long-term integrity of social–ecological systems—depends on effective environmental stewardship, yet current conceptual frameworks often lack empirical validation and are limited in their ability to show progress towards sustainability goals. In this study we examine institutional and local stewardship actions and their ecological and social outcomes along 7000 km of Australia’s coastline. We use empirical mixed methods and grounded theory to show that the combination of local and institutional stewardship leads to improved ecological outcomes, which in turn enhance social values and motivate further stewardship to form a virtuous cycle. Virtuous cycles may proceed over multiple iterations, which we represent in a new spiral model enabling visualisation of progress towards sustainability goals over time. Our study has important implications for collaborative earth stewardship and the role of policy in enabling virtuous cycles to ultimately realise sustainable futures.

Managing Black Guys: Representation, Corporate Culture, and the NBA

2004 ◽  
Vol 21 (2) ◽  
pp. 163-184 ◽  
Author(s):  
Glyn Hughes
Keyword(s):  
Popular Culture ◽  
Race Relations ◽  
Corporate Culture ◽  
Diversity Management ◽  
National Basketball Association ◽  
Social Disparities ◽  
Corporate Strategies ◽  
Recent Developments ◽  
The Relationship

This article explores the intersection of representation, management, and race in the National Basketball Association (NBA) through a larger question on the relationship between corporate strategies for managing racialized subjects and popular representations of race. The NBA “brand”is situated in terms of recent developments in corporate and popular culture and then analyzed as an example of diversity management. Relying on original interviews with NBA corporate employees, as well as business and marketing industry reporting, the article analyzes the NBA as simultaneously an organization and a brand. As such, the NBA helps to “articulate” the corporate with the popular, largely through an implied racial project that manages race relations by continuing to equate corporate interests with Whiteness. The analysis contributes to ongoing discussions about the role of sports in perpetuating social disparities based on race at a time when “colorblindness” remains the paradigm of White approaches to race.

scholarly journals The Role of Service-Learning in Information Systems Education

10.28945/4797 ◽  
2021 ◽  
Vol 18 ◽  
pp. 103-119
Author(s):  
Tana Feyt ◽  
Gwamaka Mwalemba
Keyword(s):  
Information Systems ◽  
Service Learning ◽  
South African ◽  
Course Evaluations ◽  
Future Research ◽  
Socially Responsible ◽  
Civic Mindedness ◽  
Insight Into

Aim/Purpose: The aim of this study is to explore the role of service-learning in Information Systems (IS) education. Background: While the use of modern technologies presents many operational benefits, such as the lowering of the costs, it may also aggravate social-economic is-sues. IS professionals should account for these issues as well as exhibit the skills demanded by modern-day employers. Hence, why there is a need for IS educators to adopt a new pedagogy that supports the development of more holistic and socially responsible IS graduates. Methodology: In this qualitative exploratory case study, two IS service-learning courses at a South African university were studied. Interviews, course evaluations, and reflection essays were analyzed to gain insight into the implications that service-learning may have for students. Contribution: This study contributes to IS education research by advancing discussions on the role of service-learning in providing learning outcomes such as the development of important skills in IS, civic-mindedness, and active participation in society. Findings: The findings showed that the courses had different implications for students developing skills that are important in IS and becoming civic-minded due to the variation in their design and implementation. Recommendations for Practitioners: It is recommended that IS educators present their courses in the form of service-learning with a careful selection of readings, projects, and reflection activities. Recommendations for Researchers: IS education researchers are advised to conduct longitudinal studies to gain more insight into the long-term implications that service-learning may have for IS students. Impact on Society: This paper provides insight into how IS students may gain social agency and a better understanding of their role in society. Future Research: It is recommended that future research focus on mediating factors and the implications that service-learning may have for IS students in the long-term.

scholarly journals Foreign capital as a determinant of the non-financial reporting development in insurance companies of the Visegrad Group countries

2021 ◽  
Vol 18 (1) ◽  
pp. 203-214
Author(s):  
Marzanna Lament ◽  
Blanka Jarolímová
Keyword(s):  
Financial Reporting ◽  
Corporate Culture ◽  
Foreign Capital ◽  
Insurance Companies ◽  
Socially Responsible ◽  
Financial Reports ◽  
Study Results ◽  
Culture Strategies ◽  
The Impact ◽  
Visegrad Group

Insurance companies are institutions of public trust, and this affects their corporate culture, strategies and management systems. One of the image concerns is reporting on socially responsible actions in non-financial reports. The prime objective of the research presented in this paper is to analyze the dependence between the level of non-financial reporting in the insurance market and the share of foreign capital, measured based on the market size of foreign insurance companies compared to all insurance companies, and the share of foreign insurance companies in non-financial reporting. The study concerned insurance markets in the Czech Republic, Hungary, Poland and Slovakia, and the overall market of the Visegrad Group countries. The theoretical section provides a review of the literature and applicable legislation to indicate the causes of non-financial reporting by insurance companies. Next, the correlation was used to determine the relationship between the variables studied, the regression method was applied to determine the impact of the variables studied, in particular foreign capital, on the level of non-financial reporting. A model was constructed, and the results of its estimation were analyzed. Analysis of the data demonstrated that the greater the share of foreign capital, the higher the level of non-financial reporting. The study results indicate that the share of foreign insurance companies can become a determinant in the development of non-financial reporting.

Time and Business Sustainability: Socially Responsible Investing in Swiss Banks and Insurance Companies

2018 ◽  
Vol 59 (7) ◽  
pp. 1410-1440 ◽  
Author(s):  
David Risi
Keyword(s):  
Social Welfare ◽  
Socially Responsible Investing ◽  
Insurance Companies ◽  
Business Organizations ◽  
Socially Responsible ◽  
Business Sustainability ◽  
Responsible Investing ◽  
The Social ◽  
Sustainability Practices

Business sustainability aims to combine market logic with social welfare logic. In literature, it is commonly assumed that sustainability and the social welfare logic associated with it are characterized by a long-term orientation. However, this assumption is problematic because this principle may not apply in certain contexts. This qualitative study challenges this assumption and focuses on the mechanisms by which time affects the adoption of sustainability practices in the context of socially responsible investing (SRI) practices in Swiss banks and insurance companies. The article provides insights into the mechanisms associated with different time horizons and investigates their effects on the adoption of SRI in financial intermediaries. It also shows how the dimension of time shapes interactions between the two institutional logics underlying SRI in business organizations through specific mechanisms.

Organizational Culture and Organizational Performance

2019 ◽  
pp. 1378-1393
Author(s):  
Anas M. Bashayreh
Keyword(s):  
Organizational Culture ◽  
Competitive Advantage ◽  
Organizational Performance ◽  
Corporate Culture ◽  
Insurance Companies ◽  
Organization Performance ◽  
Organizational Cultures ◽  
Organizational Goals ◽  
Different Cultures

Organizational cultures can have varying impacts on organization performance. Oftentimes, employees work harder to achieve organizational goals if they consider themselves to be part of the corporate culture. Different cultures operating in one company can also impact organization performance. Organizational culture is an important part to be considered by dynamic organizations in order to develop some competitive advantage to ensure enhanced organizational performance. This chapter aims to close the gap between understanding the role of organizational culture and the effect on organizational performance among the employees in insurance companies.

scholarly journals The Role of Service-Learning in Information Systems Education

10.28945/4747 ◽  
2021 ◽  
Author(s):  
Tana Feyt ◽  
Gwamaka Mwalemba
Keyword(s):  
Information Systems ◽  
Service Learning ◽  
South African ◽  
Course Evaluations ◽  
Future Research ◽  
Socially Responsible ◽  
Civic Mindedness ◽  
Insight Into

Aim/Purpose: The aim of this study is to explore the role of service-learning in Information Systems (IS) education. Background: While the use of modern technologies presents many operational benefits, such as the lowering of the costs, it may also aggravate social-economic is-sues. IS professionals should account for these issues as well as exhibit the skills demanded by modern-day employers. Hence, why there is a need for IS educators to adopt a new pedagogy that supports the development of more holistic and socially responsible IS graduates. Methodology: In this qualitative exploratory case study, two IS service-learning courses at a South African university were studied. Interviews, course evaluations, and reflection essays were analyzed to gain insight into the implications that service-learning may have for students. Contribution: This study contributes to IS education research by advancing discussions on the role of service-learning in providing learning outcomes such as the development of important skills in IS, civic-mindedness, and active participation in society. Findings: The findings showed that the courses had different implications for students developing skills that are important in IS and becoming civic-minded due to the variation in their design and implementation. Recommendations for Practitioners: It is recommended that IS educators present their courses in the form of service-learning with a careful selection of readings, projects, and reflection activities. Recommendations for Researchers: IS education researchers are advised to conduct longitudinal studies to gain more insight into the long-term implications that service-learning may have for IS students. Impact on Society: This paper provides insight into how IS students may gain social agency and a better understanding of their role in society. Future Research: It is recommended that future research focus on mediating factors and the implications that service-learning may have for IS students in the long-term. NOTE: This Proceedings paper was revised and published in the journal Issues in Informing Science and Information Technology, 18, 103-119. Click DOWNLOAD PDF to download the published paper.

Organizational Culture and Organizational Performance

2018 ◽  
pp. 50-69
Author(s):  
Anas M. Bashayreh
Keyword(s):  
Organizational Culture ◽  
Competitive Advantage ◽  
Organizational Performance ◽  
Corporate Culture ◽  
Insurance Companies ◽  
Organization Performance ◽  
Organizational Cultures ◽  
Organizational Goals ◽  
Different Cultures

Organizational cultures can have varying impacts on organization performance. Oftentimes, employees work harder to achieve organizational goals if they consider themselves to be part of the corporate culture. Different cultures operating in one company can also impact organization performance. Organizational culture is an important part to be considered by dynamic organizations in order to develop some competitive advantage to ensure enhanced organizational performance. This chapter aims to close the gap between understanding the role of organizational culture and the effect on organizational performance among the employees in insurance companies.

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