Managing Financial Risks Based on Corporate Social Responsibility for Sustainable Development
A special issue of Risks (ISSN 2227-9091).
Deadline for manuscript submissions: closed (30 November 2022) | Viewed by 60777
Interests: sustainable development and SDGs; corporate responsibility and social entrepreneurship; business management; economic crisis management and financial crisis management
Special Issues, Collections and Topics in MDPI journals
The Sustainable Development Goals (SDGs) require a reconsideration of the approach to managing financial risks in business management. Traditional solutions should be replaced by new, more responsible ones. The traditional practice of reduction in personnel during periods of financial instability for a business is not applicable anymore since it raises financial risks instead of reducing them. Thus, the loss of human resources and corporate knowledge conceals the state of crisis in a business, postponing it to a later period due to the loss of competitive advantage. Similarly, investments in human resources development do not reduce the financial sustainability of a business but, on the contrary, increase them, strengthening the competitive positions of business on target markets.
The sustainable development of the modern economy dictates the necessity for the essential reconsideration of business practices. The mention of the SDGs in corporate strategies and corporate reports is not enough for their successful practical implementation. It is necessary to build SDGs in the practice of financial risk management with the help of corporate social responsibility. This Special Issue aims to form scientific and methodological provision for the formation and implementation of a new (alternative) approach to financial risk management, which is based on corporate social responsibility for sustainable development.
This Special Issue welcomes original research on the following topics:
- Conceptual foundations of financial risk management based on corporate social responsibility for sustainable development;
- Modern case experience of building the SDGs into the corporate strategies of financial risk management based on corporate social responsibility;
- Data set modeling and monitoring of the international experience of financial risk management based on corporate social responsibility for sustainable development in view of the specifics of developed and developing countries.
Prof. Dr. Elena Popkova
Manuscript Submission Information
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Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1800 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.
- Financial risks
- Financial risk management
- Business management
- Corporate social responsibility
- Sustainable Development Goals (SDGs)
- Sustainable development of economy
- Data set modeling