scholarly journals The Role of Internal Auditors in Achieving the Social Responsibility of the Commercial Banks Operating in Jordan: A Field Study

2021 ◽  
Vol 16 (6) ◽  
pp. 42
Author(s):  
Faris Al Qadi ◽  
Mohammed Al Haija

The aim of this study is to identify the role of the internal auditors in achieving the social responsibility of the commercial banks operating in Jordan as a result of its affectivity on the sustainable development of the society. The descriptive statistics were used to describe and respond to the two study samples, the ANOVA test and the T-test were used as well at the significance level (0.05) to examine the hypothesis of the study. This study found out that the internal auditors are doing well in verifying the integrity of commercial practices in Jordan regarding the human rights and business behavior on one hand, and don’t leave a finger with regard to the safety of environmental and social practices on the other hand. One of the important study recommendations is the necessity of urging the internal auditors to play a pivotal role in monitoring commercial banks related to environment and social relationships by holding training courses and programs in addition to conducting further studies on social responsibility and sustainable development.

2021 ◽  
Vol 7 (4) ◽  
pp. 63-71
Author(s):  
Maryna Dielini ◽  
Marja Nesterova ◽  
Iryna Dobronravova

The purpose of this article is to theoretically, methodologically and practically explore social responsibility and social cohesion and justify their role as driving forces in the sustainable development of universities. This paper focuses on the rationale for various aspects of the development of social responsibility and social cohesion, and specifically in higher education. The article defines the importance of the values of social cohesion and social development and their implementation in the education of socially responsible youth. Listed the main categories in which the social responsibility of the higher education can be determined and applied for the educational management effectiveness. This article aims to show the role of social cohesion and social responsibility in the implementation of the principles of  sustainable development, and to reveal the relations between the values of social cohesion and social responsibility and the 17 UN Sustainable Development Goals (SDGs).Methodology. Scientific analysis is carried out with the help of an interdisciplinary system of methods, namely, system analysis, interviewing, statistical data analysis, comparison, etc. Social synergetics and system approach are applied to the issues of education management.Results. The methodological approaches to the formation of modern educational and management models for universities are considered. The model of the social cohesion of the university community is analyzed. The university management strategy based on the values and principles of social responsibility and social cohesion is described. Ways to improve the economic and managerial efficiency of universities and society, respectively, are considered. The process of self-organization in education management and parameters of its ordering are defined.The most significant scientific results: the attitude and development of such values as social responsibility and social cohesion in the Ukrainian educational community were investigated; the sustainable development of universities as the best practice and factor of influence on socio-economic development was determined; the role of social responsibility and social cohesion as parameters of order in enhancing the sustainable development of universities and society respectively was substantiated.The practical significance of the study lies in the actualization of the need to develop social responsibility and social cohesion in the Ukrainian educational community, which is confirmed by statistical data, as well as the possibility of their application in the educational process and value-based management of education. The use of these results in the practice of education management allows us to create a model of social responsibility of universities and outline the directions of its implementation, to develop and implement a mechanism for monitoring the implementation of social responsibility, to study the actual level of social cohesion of the university community, to suggest ways for its further development, aimed at improving the competitiveness of universities in a globalized environment.Value/originality. The originality of the study lies in the combination of the two key values of the EU and their correspondence to the SDGs and the sustainable development of universities on the basis of value-based education management. A social synergetic approach is applied to issues of educational governance.


2021 ◽  
Vol 2 (2) ◽  
pp. 114-119
Author(s):  
PHAN THI THANH QUYEN ◽  

The role of internal audit in ensuring sustainable development of economic entities is indisputable. How-ever, the biggest challenge faced by internal auditors is how the level of their contribution can truly be weighed against the ability and role recognized by society, especially as most economic actors move from a traditional business model to a sustainable business model. The article highlights the main approaches to the transfor-mation of internal audit in order to make it an integral part of the corporate governance structure and make a significant contribution to sustainable development.


Author(s):  
Naglaa Fathy El Dessouky

Corporate Social Responsibility (CSR) has become a significant field of studies to stress the importance of the new role of organizations towards the society for sustainable development. Nowadays, an enormous number of authors have been participating in this field to highlight the responsibility of organizations towards the community, society and the natural environment where they are operating. Despite the growing number of researches related to CSR in the developed countries little empirical studies have been devoted to examine CSR concept and practice in the African countries, the MENA region (Middle-East and North Africa), as well as in the Golf countries. This chapter seeks to study CSR concept and practice in the emerging market economies (EMEs). It will mainly focus on the implementations of CSR by the public banking sector. We will investigate the role of the public banking sector existing in an Arab country in comparison to an Asian country to explain and analyze the similarities and differences of CSR activities in both experiences. In this comparative study we will primarily examine Banque Misr, as one of the oldest and largest public bank in Egypt and the Malayan Banking Berhad (trading as Maybank) as the largest public bank in Malaysia. After a meticulous review of literature, we propose a systemic framework to study CSR practices and policy implementations. We illustrated the CSR as a constant process where all variables are interrelated and are affecting each other in a mutual approach. In this systemic framework we advocated to study all significant variables related to CSR practice as: the history/philosophy development, core-values, CSR adopted definition, motives, key players, approaches, stakeholders focus, sectors of intervention and mechanisms of policy implementations. The chapter concludes that common CSR policies exist between the Malaysian and the Egyptian experience. Nevertheless the Malaysian model has formulated an elaborated and further sophisticated CSR public banking program. Meanwhile, the Egyptian model needs to adopt more global oriented CSR public banking policies, in particular to assure the sustainable development requirements.


2018 ◽  
Vol 170 ◽  
pp. 02003
Author(s):  
Ludmila Kamenik

The paper considers the following components: business and problems of modernization of former industrial areas, as one of the important trends forming urban development stability. It is revealed that the social factor is not considered, which also prevents city are as from transforming and business from developing. Reconstructing urban space while handling former industrial areas is becoming a growing problem of cities and requires that business community should be involved in this sector. The specific role of business here is that these objects are located in residential neighborhoods and are closely connected with the social factor (population). Itimplies that the social factor need to be considered and leads to additional costs. Business does not want to participate in bearing these costs, there is no attractive model, and authorities can not fully cover all the costs by themselves. Citizens protest if the transformations violate their interests, which is accompanied by risks for capital, business and government bodies. Within a market economy, citizens are a business structure too, since they have an impact on capital. To solve the problem it is necessary to search for a new form of interaction between the three structures: business, state andcitizens. The author suggests a new model of interaction between the participants of the process, which, in her opinion, if applied in practice, is able to activate business development and accelerate the transformation of depressed areas, thereby contributing to the sustainable development of a city.


2021 ◽  
Vol 10 (5) ◽  
pp. 149
Author(s):  
Denise Díaz de León ◽  
Omar Díaz Fragoso ◽  
Igor Rivera ◽  
Gibrán Rivera

Cooperatives are considered an organizational alternative based on principles and values. These organizations seek the fulfillment of social and economic benefits for their members as well as for the community in which they develop. Their nature allows them to solve problems such as social and labor exclusion as well as environmental issues. However, although their benefits to society have been extensively studied, little is known about how these organizations contribute to the attainment of the Sustainable Development Goals (SDGs). The aim of this study is to analyze the way in which the social benefits generated by cooperatives contribute to the fulfillment of the SDGs in Mexico City. This qualitative study uses interviews and thematic analysis to identify and define the different social benefits generated by 134 cooperatives in Mexico City. These benefits were analyzed to identify whether they contribute to the fulfillment of the SDGs. The results stimulate the theoretical and empirical discussion about the role of cooperatives and their contribution to solving current social problems, as established by the United Nations. The article presented is of scientific interest and it is also relevant for the elaboration of public policies aimed at producing better results for these types of organizations.


MEST Journal ◽  
2022 ◽  
Vol 10 (1) ◽  
pp. 31-35
Author(s):  
Bartosz Murat

Police is an organization whose activities significantly contribute to sustainable development goals implementation. The nature and subject of its activity are related to maintaining relations with the society with which it is in constant interaction. At the same time, an important issue, as in the case of other public organizations, is the social responsibility of the police. Its dimensions determine the creation of an atmosphere conducive to social participation next to the police in national security. In the effective implementation of a model of social responsibility of the police, it is necessary to emphasize the importance of internal factors (the police) and external factors (the police and its stakeholders) influencing the results of this process. For the police, being a responsible organization does not mean only fulfilling all formal and legal requirements. To be perceived as a trustworthy organization, it must think and act in terms of the future, see and consider various implications, take into account human dignity, observe fair rules of operation, respond quickly to the comments and suggestions of stakeholders.


2016 ◽  
Vol 12 (22) ◽  
pp. 10 ◽  
Author(s):  
Karoly Behringer ◽  
Krisztina Szegedi

The study is looking for the answer to the question that how the theory of Sustainable Development and that of Corporate Social Responsibility are linked, by means of what development process the two theories came near to each other and why is it that CSR is considered to be the corporate concept of Sustainable Development. The aims of this study are: (1) to give a synthesized approach to both of Sustainable Development and Corporate Social Responsibility concepts (2) to find the relationship between Sustainable Development and Corporate Social Responsibility based on the content analysis of the main milestones of Sustainable Development process, and (3) to highlight some practical relevance of the relationship of the two concepts which can be a basis of further empirical researches. Based on the research the concept of Corporate Social Responsibility and that of Sustainable Development progressed separately for a long time. The business sphere got a larger and larger role in sustainable development and it has become clear by now that CSR contributes to the sustainable development of the business sphere and without that sustainable development cannot be attained.


Author(s):  
Anna Kramarenko

The article emphasizes the creative activity that underlies the concept of "social value", which forms in the course of solving actual social problems. Social responsibility is mainly determined by reducing the negative impact of business on the basis of support and development of innovative projects. An analytical comparison of the categories of "social value" and "social responsibility" with the Sustainable Development Goals revealed a greater correspondence of the concept of "social value" to the sustainable development strategy. A statistical study of data from European countries allowed to draw a conclusion about the increase in social value in consumption, recycling of production resources, the use of renewable energy sources, and the growth of preferences for the development of own business. Based on the conducted research, the article highlights the exceptional role of millennials in updating the issues of social focus of business.


Author(s):  
Antonio Carlos Massabni ◽  
Oreonnilda De Souza

This research was conducted from a review of bibliographic content on Biotechnology, sustainable development, social responsibility and Industry 4.0. The goal endows the understanding of the role of Biotechnology as a science in sustainable development in this historical phase experienced by humanity, the Fourth Industrial Revolution, verifying what would be the social responsibility of Industry 4.0 in this context. Dialectical and historical methods were used to systematize the obtained data. The importance of maintaining the environmental balance through sustainable practices in the daily life of Industry 4.0 has been demonstrated to comply with the constitutional principle of the social function of property. However, in order to achieve sustainable development, the economic and social aspects, besides the environmental, must be considered. The relevance of Biotechnology in this process has been proven as a driving force for sustainable development. It is hoped with this research to mobilize the academic community and the society in the fight against environmental degradation, bringing knowledge about the role of Biotechnology in this process, in the context of Industry 4.0, and demonstrating the need for companies, professionals and governments to adapt to this new and unknown reality in order to face the problems that are already emerging, always taking into consideration the protection of human rights, especially the healthy and balanced environment, safety, life and dignity of the human person.


2020 ◽  
Vol 4 (46) ◽  
pp. 171-176
Author(s):  
K. B. Kozak ◽  
◽  
A. M. Orel ◽  

The article aims at identifying promising directions for managing the competitive, innovative and investment behavior of agricultural enterprises, immanent to the general trends in the global economy performance, based on the studies in the evolution of the sustainable development paradigm. The analysis is based on the hypothesis that mitigating the impact of global challenges in the agricultural sector, associated with industrialization processes, as well as ensuring the growth of production efficiency and competitive potential, requires the sustainable development paradigm to be implemented in the activities of agricultural enterprises, thus ensuring the harmonious development of the following interrelated components: the economic, social and environmental ones. Having assessed the degree of their balance, we have discovered insufficient development of the social component, which hinders the development of human capital. It has been proved that building up the social assets of agricultural enterprises and strengthening the competitive potential are closely related to changes in the social subsystem of management. Within its framework, the phenomenon of organizational culture is recognized as a significant factor of indirect impact. The courses of the transformation in the interaction processes between society and business within the framework of the sustainable development paradigm are revealed. The authors come to conclusion that it is necessary to update a company’s mission in accordance with the principles of social responsibility, which implies the involvement of social and environmental aspects in business activities on the basis of interaction among various stakeholders (influence groups). Compliance with the principles of social responsibility positively affects the competitiveness of agribusiness entities in the following areas: improving the image and reputation of brands; increasing sales and consumer loyalty to the company’s products; reducing staff turnover rates; establishing partnership relations with the authorities; facilitating access to the media; increasing investors’ interest.


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