ECOLOGICAL RESPONSIBILITY IN THE MODERN PRACTICE OF CORPORATE GOVERNANCE OF RUSSIAN COMPANIES

2020 ◽  
pp. 15-23
Author(s):  
S.S. Skaranik
Keyword(s):  
Corporate Governance ◽  
Environmental Safety ◽  
Environmental Responsibility ◽  
Corporate Environmental Responsibility ◽  
The Sustainable Development ◽  
Ecological Responsibility ◽  
Environmentally Responsible ◽  
Governance Practice ◽  
Corporate Governance Practice ◽  
The Impact

The article is devoted to environmental responsibility issues in the modern corporate governance practice of the largest Russian corporations, which are leaders in the domestic corporate charity rating. The content, directions and main functions of corporate environmental responsibility are determined. Based on reports on the sustainable development of leading Russian companies, their goals in the field of environmental safety and environmental protection are considered, the main indicators of the impact on the environment are analyzed. Priority measures implemented in the field of environmental responsibility of companies are considered. The advantages and benefits for socially and environmentally responsible companies are identified.

scholarly journals Impact of Corporate Environmental Responsibility on Investment Efficiency: The Moderating Roles of the Institutional Environment and Consumer Environmental Awareness

2019 ◽  
Vol 11 (17) ◽  
pp. 4512 ◽  
Author(s):  
Shihong Zeng ◽  
Yujia Qin ◽  
Guowang Zeng
Keyword(s):  
Institutional Environment ◽  
Environmental Awareness ◽  
Environmental Responsibility ◽  
Investment Efficiency ◽  
Human Beings ◽  
Corporate Environmental Responsibility ◽  
The Sustainable Development ◽  
Chinese Listed Companies ◽  
The Government ◽  
The Impact

The increasingly serious destruction of the natural environment represents a great threat to the sustainable development of human beings and the earth. Under pressure from the government and public opinion, companies must assume environmental responsibility; however, there is no conclusion on whether corporate environmental responsibility is beneficial to companies. From the perspective of investment efficiency, this paper collects panel data from Chinese listed companies from 2011 to 2016 to discuss the impact of corporate environmental responsibility on investment efficiency and the moderating role of the institutional environment and consumer environmental awareness. The results show that corporate environmental responsibility can significantly positively affect investment efficiency, but this effect is not a short-term effect; it needs time to play a role. Second, in regions with a good institutional environment, corporate environmental responsibility has a more significant impact on improving investment efficiency. Finally, with the improvement of consumer environmental awareness, companies that assume environmental responsibility can address underinvestment. The research in this paper supports stakeholder theory, indicating that corporate environmental responsibility is not “selfless dedication”. In addition, the research results of this paper are robust and not subject to endogenous influences.

Environmental Responsibility

2019 ◽  
pp. 239-260
Author(s):  
Lammertjan Dam ◽  
Tommy Lundgren ◽  
Bert Scholtens
Keyword(s):  
Social Norms ◽  
Academic Research ◽  
Environmental Accounting ◽  
Environmental Responsibility ◽  
Substantial Part ◽  
Corporate Environmental Responsibility ◽  
Personal Taste ◽  
Responsible Investing ◽  
Environmentally Responsible ◽  
The Impact

This chapter reviews and offers a taxonomy of the theoretical literature on environmental responsibility. A substantial part of the review is devoted to the theory behind environmentally responsible investing and its connection to corporate environmental responsibility (CER), which have not, to our knowledge, been provided elsewhere. It is concluded that a theory about CER needs to balance between personal taste and values, social norms, and market imperfections. An essential ingredient of advancing academic research about CER is improving environmental accounting frameworks and insights in the impact of the interaction between the economy and the environment. Otherwise, any theory about CER runs the risk of remaining sterile as it would be impossible to put it to the test.

scholarly journals PRAKTEK TATA KELOLA DAN KEPEMILIKAN INSTITUSIONAL: BUKTI EMPIRIS DARI SEKTOR INDUSTRI PERBANKAN

2017 ◽  
Vol 20 (2) ◽  
pp. 216
Author(s):  
Perminas Pangeran ◽  
Deresti Salaunaung
Keyword(s):  
Corporate Governance ◽  
Institutional Investors ◽  
Banking Sector ◽  
Institutional Ownership ◽  
Positive Influence ◽  
Good Corporate Governance ◽  
Governance Practices ◽  
Governance Practice ◽  
Corporate Governance Practice ◽  
The Impact

Tujuan dari penelitian ini adalah menguji pengaruh praktek tata kelola perusahaan terhadap kepemilikan institusional pada perusahaan perbankan di Indonesia. Pengujian dilakukan dengan menggunakan skor tata kelola perusahaan terhadap kepemilikan institusional. Penelitian ini dilakukan terhadap 26 bank yang terdaftar di Bursa Efek Indonesia (BEI). Hasil penelitian menunjukkan bahwa praktek tata kelola perusahaan memiliki pengaruh positif terhadap kepemilikan institusional. Hasil penelitian ini mengindikasikan bahwa investor institusional cenderung memegang saham perusahaan dengan tata kelola yang baik dan mendukung usaha Bank Indonesia dalam meningkatkan praktek tata keloladi sektor perbankan.The purpose of this study is to examine the impact of corporate governance practice on institutional ownership at the banking company in Indonesia. The research is carried by looking at the score of corporate governance on institutional ownership. This study was conducted on 26 banks listed on the Indonesia Stock Exchange.The results showed that corporate governance practices have a positive influence on institutional ownership. The results of this study indicate that institutional investors tend to hold shares of companies with good corporate governance and support the efforts of Bank Indonesia in improving governance practices in the banking sector.

Directions of Accounting Environmental Factors for Forecasting Formation of Agroecosystems

2020 ◽  
pp. 31-35
Author(s):  
L.Z. Khalishkhova ◽  
◽  
A. Kh. Temrokova ◽  
I.R. Guchapsheva ◽  
K.A. Bogаtyreva ◽  
...  
Keyword(s):  
Sustainable Development ◽  
Comparative Analysis ◽  
Environmental Factors ◽  
Environmental Safety ◽  
Logical Analysis ◽  
Management Decisions ◽  
The Sustainable Development ◽  
The Impact

Ensuring the sustainable development of agroecosystems requires research into the justification of the impact of environmental factors on the formation of territorial agroecosystems and identifies ways to take them into account in order to justify management decisions and ensure environmental safety. The main goal of the research within the article is to identify the most significant environmental factors in predicting the formation of agroecosystems. Provisions are devoted to the study of the laws governing the functioning of agroecosystems in order to increase their stability. The methods of comparative analysis, generalization, abstraction, logical analysis are applied. A number of provisions are formulated regarding ways to account for the influence of factors on the formation of key elements of agroecosystems.

scholarly journals The effect of governance system and degree of convergence to IFRs on the quality of financial reporting: Evidence from Asia

2015 ◽  
Vol 12 (4) ◽  
pp. 409-423
Author(s):  
Ratna Wardhani ◽  
Sidharta Utama ◽  
Hilda Rossieta
Keyword(s):  
Corporate Governance ◽  
Financial Reporting ◽  
Reporting Quality ◽  
International Standards ◽  
Financial Reporting Quality ◽  
Governance System ◽  
Governance Practice ◽  
Corporate Governance Practice ◽  
Degree Of Convergence

This research investigates the effect of governance system and degree of convergence to IFRS on financial reporting quality. With sample of Asian countries, this study concludes that country level and firm level governance systems, both at, and the degree of convergence have positive influence on financial reporting quality.The effect of degree of convergence of local GAAP to IFRS and corporate governance practice to financial reporting quality will be stronger for companies in countries with weak investor protection. Also, we find that in company with weak corporate governance practice, the adoption of international standards will increase the quality of financial reporting.The results indicate that the adoption of international accounting standard become more important in the countries and companies with weak governance system.

ANALYSIS OF THE CORPORATE GOVERNANCE PRACTICE OF THE ROSCOSMOS GROUP OF COMPANIES USING THE EULER DIAGRAM

2021 ◽  
Vol 3 (6) ◽  
pp. 248-253
Author(s):  
Vladimir Vladimirovich Filatov ◽  
Denis Stanislavovich Gorin ◽  
Elena Viktorovna Lomakina ◽  
Ravshanbek Ilhombekovich Dodhoev
Keyword(s):  
Corporate Governance ◽  
Euler Diagram ◽  
Governance Practice ◽  
Corporate Governance Practice

The impact of corporate environmental responsibility strategy on brand sustainability

2018 ◽  
Vol 9 (3) ◽  
pp. 366-394 ◽  
Author(s):  
Chengzhi Long ◽  
Jing Lin
Keyword(s):  
Competitive Advantage ◽  
Empirical Evidence ◽  
Two Dimensions ◽  
Environmental Responsibility ◽  
Brand Value ◽  
Corporate Environmental Responsibility ◽  
Content Type ◽  
Chinese Context ◽  
The Impact ◽  
The Relationship

PurposeThough enormous research studies were conducted on corporate environmental responsibility (CER), few of them could empirically justify how CER helps to improve firm’s competitive advantage and firms are still hesitant to incorporate CER with their business strategy at present. The purpose of this paper is to theoretically and empirically explore how the CER strategy could help the firm to gain competitive advantage in Chinese context, particularly in terms of achieving brand sustainability (BS).Design/methodology/approachIn this study, 310 listed companies in China were chosen as research sample. First, the CER strategies were classified into developing eco-friendly products, adopting EMAS or other eco-management, enhancing the impact of CER through value chain and charitable CER. Second, BS is constructed as two dimensions, i.e. resource-acquisition and consumer impact. Accordingly, this paper analyzed the relationship between CER and BS with regression model analysis, taking account of several moderating and control variables.FindingsThe results indicate that CER strategies have positive effect on BS. Among all CER strategies, developing eco-friendly products and charitable CER undertakings are the most effective ones to promote BS performance. Also, the paper found that the length of time in adopting CER strategy moderates the effect of CER on BS. The empirical evidence proves that CER strategies could enhance the brand value in terms of BS and help the company to gain competitive advantage.Research limitations/implicationsFirst, most of our samples are of the state-owned enterprises, so our assumption might not be applicable to other types of business. Second, corporate social responsibility (CSR) communication is an important factor in the relation between CSR and corporate performance, but it is not taken into account in this study. Third, the difference in industries and ownership in this research is out of concern.Practical implicationsAs this paper has provided empirical evidence to reveal the effectiveness of different CER strategies, firms in China could be more motivated to undertake CER not only for the sake of environment but also for their brand value and competitive advantage. More importantly, this paper could be a valuable reference for the firms in China to choose suitable and effective CER strategies, as proved in this study, to gain competitive advantage in the market.Originality/valueAt first, while public environmental awareness has improved gradually, we introduce the BS concept to explain how the CER strategies affect CCA. This approach gives us another perspective to highlight the relationship between these two constructs. Second, we conducted our research from practical perspective to explore how to apply the CER undertakings as the company’s strategy. Third, we conducted our empirical research in Chinese context, which will enrich the theoretical CER and CSR literature.

Sign in / Sign up

Export Citation Format

Share Document