scholarly journals Drivers of Proactive Environmental Strategies: Evidence from the Pharmaceutical Industry of Asian Economies

2021 ◽  
Vol 13 (16) ◽  
pp. 9479
Author(s):  
Rizwan Raheem Ahmed ◽  
Grigorios L. Kyriakopoulos ◽  
Dalia Streimikiene ◽  
Justas Streimikis

The objective of the undertaken study is to investigate the association between proactive environmental strategy (PES) and its determinants, such as planning and organizational practices (POP) and communicational practices on sustainable development through the operating and financial performances of the pharmaceutical sectors of south Asian countries. Moreover, we examine this relationship through the eco-innovations as a meditator and technological advances as a moderator. We developed a modified conceptual model and questionnaire and verified by 856 responses from the region’s pharmaceutical sectors. We have tested our hypothesized research model and hypotheses through SEM-based modeling. The findings confirm that proactive environmental strategy and its determinants, for instance, organization and planning practices, operating practices, and communicational practices, have a positive and significant influence on pharmaceutical firms’ sustainable development through operational and financial performance. The findings further show the substantial role in eco-innovation as a mediator and technological advances as a moderator on the sustainable development in this relationship. Subsequently, eco-innovation and technological advances lessen ecological hazards and increase companies’ functioning. Therefore, the undertaken study demonstrated and concurrently ascertained towards sustainable development of environmental and economic leaders. The practical implications are equally important for every stakeholder, such as the community, policymakers, companies, and regulatory agencies concerned with fostering eco-friendly controlling exercises.

2021 ◽  
Vol 13 (12) ◽  
pp. 6567
Author(s):  
Carolina Narvaez Rojas ◽  
Gustavo Adolfo Alomia Peñafiel ◽  
Diego Fernando Loaiza Buitrago ◽  
Carlos Andrés Tavera Romero

This document discusses the Japanese context of Society 5.0. Based on a society-centered approach, Society 5.0 seeks to take advantage of technological advances to finally solve the problems that currently threaten Japan, such as aging, birth rates and lack of competitiveness, among others. Additionally, another objective is to contribute to the progress of the country and develop the foundations for a better world, in which no individual can be excluded from the technological advances of our current society, to achieve this goal, the Sustainable Development Goals (SDG) have been developed. SDGs seek to assess the methods of use of modern technology and thus find the best strategies and tools to use it in a way that guarantees sustainability within the framework of a new society that demands constant renovations.


2019 ◽  
Vol 13 (3) ◽  
pp. 469-483 ◽  
Author(s):  
Thales Pacific Yapatake Kossele ◽  
Magalie Gabriella Ngaba Mbai-Akem

Purpose The purpose of this paper is to investigate the effect of corruption control on capital flight in the least corrupt African countries. Design/methodology/approach Using panel data covering the period of 1996-2010. Findings The results show that the extent of corruption, the total natural resources rent are statistically significant and affect positively the capital across the pooled, random and fixed effects. Inflation and economic growth are also found to have a negative impact on capital flight. Moreover, the exchange rate has a negative and significant effect on capital flight. Practical implications The findings of this study suggest that the extent of corruption control by responsible institutions can be considered as one of the most effective weapons in the fight against capital flight in the least corrupt African countries. Social implications The paper recommends to the government of the least corrupt countries in Africa to create an enabling political and economic environment for investor’s attractiveness. This, in turn, will reduce the occurrence of capital flight and lead to the sustainable development. Originality/value The findings of this study suggest that the extent of corruption control by responsible institutions can be considered as one of the most effective weapons in the fight against capital flight in the least corrupt African countries. The paper recommends to the government of the least corrupt countries in Africa to create an enabling political and economic environment for investor’s attractiveness. This, in turn, will reduce the occurrence of capital flight and lead to the sustainable development.


2017 ◽  
Vol 59 (6) ◽  
pp. 939-949
Author(s):  
Bijan Bidabad ◽  
Mahshid Sherafati

Purpose This paper aims to define a set of anti-squandering guideposts to improve the sustainability and efficiency of allocating financial resources to investment projects. Design/methodology/approach A set of sustainable financing and anti-squandering measures are proposed for a better allocation of the bank’s financial resources. These measures were derived from the doctrine of “ethic economics”, humanitarian principles and Islamic teachings. Rastin banking provides a base to apply these measures. Findings A draft of the regulations for sustainable financing and anti-squandering measures was compiled for Rastin banking operations, which is briefly presented in this paper and can be used as a basis for the codification of the respective laws. Research limitations/implications Such kinds of regulations are novel and need to be deeply discussed in the first place. After adaptation, adjustment and performing the necessary modifications, the text of the law can be codified. Practical implications Banks through granting loans, credits and other financial facilities can affect the investment projects in such a way to prevent the extravagant consumption of financial resources in investment projects and consider the sustainable development guidelines. Social implications The proposed guideposts can be detailed and adopted in other countries, especially those that are inefficient in their banking and financial operations. Originality/value Wasteful allocation of financial resources leads to the wastage of resources and reduction of productivity and provides benefit neither for the people nor for the society. Hence, the present paper tries to practically solve the problem for financial operations.


2013 ◽  
Vol 726-731 ◽  
pp. 3961-3967
Author(s):  
Jin Rui Shang

This essay established port environmental strategy evaluation system, and formulated an actual and practical environmental strategy implementation security system in the light of the present environmental protection situation: to implement green enterprise culture, to constantly improve green management system, and to establish environmental risk emergency and protection system and sustainable development of ecological supporting system.


Author(s):  
Ramlee B Mustapha

Green paradigm is emerging in Asia.  In order to achieve  sustainability, embracing green paradigm is critical.  The growing significance of sustainability is having a major impact on business, industry, and society as a whole. Hence, preparing the future workforce for the coming green economy is a challenging task for many Asian countries especially in Technical and Vocational Education and Training (TVET) in the post-2015 agenda.  As a ground work, transforming TVET in Asia to meet the challenges of the green economy for the purpose of sustainability should begin now.   The aim of this paper is to map the sustainable development in terms of green mindset, lifestyle, economy, education, training, employability and sustainability in selected Asian countries. A country’s quantum leap or leap-frogging in sustainable economy is dependent of its transformation of human resources especially in TVET sector. Thus, TVET should be transformed to fit the requirements of the sustainable green paradigm.  The results posit the country’s policies, best practices, and challenges toward green economy in order to achieve sustainable development.   Finally, the implication of green paradigm on TVET system in selected countries in the Asia Pacific will be discussed.


Author(s):  
Sydney Chikalipah

PurposeThis study investigates the possible effect of mobile money services, which forms part of FinTech, in achieving the Sustainable Development Goals (SDGs).Design/methodology/approachThis study uses field data from the Chongwe district of Zambia. The data were collected in 2019.FindingsThe findings strongly suggest that (1) the factors that hinder access to credit and savings by the poor do not simply recede following the adoption of mobile money services and (2) that mobile money is not a silver bullet of ending financial exclusion but merely a tool which contributes to other financial inclusion strategies.Practical implicationsThis study argues that mobile money is winning the battle but losing the war – implying that the service is mainly used to transfer funds (OTC transactions) among users.Originality/valueThis is the first study to have been conducted in Zambia to assess the possible contributing effect of FinTech (mobile money) on SDGs.


2011 ◽  
Vol 368-373 ◽  
pp. 2027-2030
Author(s):  
Xu Guang Wang ◽  
Tao Zhou ◽  
Shu Hua Gao

The sustainable development of Xi’an was analyzed based on statistical data from 1996—2008 using economic theory to find the principle factors influencing the development of Xi’an and to identify the formula of contribution rate to the growth of Xi’an by each factors. The regression analysis is used to obtain the value of contribute rate. The result show that the largest contribution is from accumulation of physical capital, and the contribution from technological advances is increasing year by year. The labor factor and human capital investment make little contribution to Xi’an growth. Capital allocation and scale economic do negative effect to economic growth.


2016 ◽  
Vol 22 (5) ◽  
pp. 993-1008 ◽  
Author(s):  
Jan M. Myszewski

Purpose – The subjects considered in this research paper form the basic prerequisites for improving the effectiveness of organizational development. The author assumes that the effectiveness of any process depends on the size of the reserve of capacity of the resources used in the process (for details, see Appendix). The purpose of this paper is to determine the conditions for the effectiveness of improvement projects. Design/methodology/approach – The author has constructed an algorithm (called ABC) to control the capacity of resources. With its help, the author defines the strategy for improvement in an organization. The basic principle of this strategy is continuous improvement, and tactics to control resources refers to the ABC algorithm. Findings – The author shows that continuous improvement is a prerequisite for the effectiveness of this strategy. It is shown that the features of this strategy reflect sustainable development of the organization. Along with the algorithm ABC, it forms a basis for the sustainable development strategy. The author shows conditions for effectiveness and explains how the strategy shapes the sustainable development of the organization. The author also explains why commitment of top management is necessary, what it is, and how it can benefit the organization. Practical implications – This effort is symbolized by the involvement of resources in projects conducted to improve organizational functions. The result of the capacity growth is increased ability to confront new challenges. Originality/value – The author claims that the strategy for sustainable development is shaping the conditions for a gradual increase in the capacity of the resources used in the improvement process. The growth in resource capacity in the repeatedly run improvement projects can serve as a model of organizational learning. The learning process requires effort.


2019 ◽  
Vol 12 (3) ◽  
pp. 146
Author(s):  
Ojijo Odhiambo ◽  
Fatima Umar

Nigeria faces a myriad of development challenges in her efforts to grow the economy, create jobs and achieve the Sustainable Development Goals by 2030. Since independence, the Government has developed many Plans and Strategies, including the current Economic Recovery and Growth Plan, in an attempt to address these challenges. The ERGP, which is broadly aligned to the SDGs, is aimed at improving macroeconomic stability; fostering economic growth and diversification; improving competitiveness; fostering social inclusion; and enhancing governance and security. Recent information, communication and technological advances have led to data -from both conventional and unconventional sources- to be readily available in high volumes and velocity and in a variety of forms, or simply, to a Data Revolution. This paper examines the role of Big Data and Data Revolution in promoting sustainable development in Nigeria, as well the emerging opportunities for Statisticians in this regard. The paper posits that the attainment of the SDGs will be greatly hampered if Statisticians do not ask the right questions; access relevant data information and, crucially, perform deeper analytics around data and information. Statisticians have an important role to play in promoting Nigeria’s sustainable development agenda, but only if they become more entrepreneurial; and adequately master and apply the requisite technical and non-technical skills.


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