Sustainability

Research

22 pages, 1636 KiB

Open AccessArticle

The Corporate Economic Influence and Corporate Social Responsibility: Evidence from China

by Lan Guo and Ling Yang

Sustainability 2023, 15(13), 10694; https://doi.org/10.3390/su151310694 - 6 Jul 2023

Cited by 1 | Viewed by 1037

This paper uses a panel threshold model to examine the relationship between corporate social responsibility (CSR, hereafter) and enterprises’ economic influence on regional gross domestic product (GDP, hereafter) and employment. We find that there is a threshold effect between CSR and enterprises’ economic [...] Read more.

This paper uses a panel threshold model to examine the relationship between corporate social responsibility (CSR, hereafter) and enterprises’ economic influence on regional gross domestic product (GDP, hereafter) and employment. We find that there is a threshold effect between CSR and enterprises’ economic influence on regional GDP and employment in different regimes of local GDP and unemployment rates. When local GDP is low, the relationship between CSR and enterprises’ economic influence on regional GDP is significantly negative; however, when local GDP is high, the relationship between the two factors is significantly positive. Meanwhile, firms employing more staff do less CSR when the local unemployment rate is higher. Furthermore, in terms of different government types, the relationship between CSR and corporate influence on regional GDP is negative in predatory and collusive governments, but not in market-leading governments, and the relationship between CSR and corporate influence on regional employment seems insignificant. The findings imply that local leading enterprises exert influence on the social responsibility rules stipulated by local governments by decreasing or increasing regional GDP and regional employment. Full article

(This article belongs to the Special Issue Sustainable Strategic Management and Corporate Social Responsibility)

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14 pages, 304 KiB

Open AccessArticle

A Qualitative Analysis of Corporate Social Responsibility in Saudi Arabia’s Service Sector-Practices and Company Performance

by Luísa Pinto

Sustainability 2023, 15(12), 9284; https://doi.org/10.3390/su15129284 - 8 Jun 2023

Cited by 4 | Viewed by 2979

Abstract

Corporate social practices have become increasingly important in the service sector, as companies recognize the need to not only provide quality services to their customers but also to operate in a socially responsible manner. The goal of this research is to identify the [...] Read more.

Corporate social practices have become increasingly important in the service sector, as companies recognize the need to not only provide quality services to their customers but also to operate in a socially responsible manner. The goal of this research is to identify the practices of Corporate Social Responsibility (CSR) in Saudi Arabia’s service sector, as well as the relationship between these practices and performance. The study was based on the data collected from six semi-structured interviews with managers responsible for CSR implementation in the banking, insurance, and telecommunication sectors. The findings support the two research propositions, and reveal, based on managers’ perceptions, that companies have adopted several practices in their efforts to become socially responsible. Evidence also revealed that CSR practices have a positive impact on companies’ performance, corporate reputation, customer satisfaction, customer loyalty, and employee engagement. This study adds to the current body of research on the impact of applying CSR practices by providing evidence that doing so positively improves corporate performance, and identifying the most common CSR practices that can help firms improve their performance. Full article

(This article belongs to the Special Issue Sustainable Strategic Management and Corporate Social Responsibility)

19 pages, 1255 KiB

Open AccessArticle

Pursuing the Sustainability of Real Estate Market: The Case of Chinese Land Resources Diversification

by Cheng-Wen Lee, Shu-Hen Chiang and Zhong-Qin Wen

Sustainability 2023, 15(7), 5850; https://doi.org/10.3390/su15075850 - 28 Mar 2023

Viewed by 1615

Abstract

Numerous studies have focused on the ripple effect in housing markets; however, these studies often fail to grasp the critical role of commercial real estate land use when forming a real estate portfolio. We argue that spreading an investment across various land-use assets—namely, [...] Read more.

Numerous studies have focused on the ripple effect in housing markets; however, these studies often fail to grasp the critical role of commercial real estate land use when forming a real estate portfolio. We argue that spreading an investment across various land-use assets—namely, diversification—may be effective in stabilizing and balancing China’s housing market through the introduction of the ripple effect. In six Chinese mega-cities, the cointegration system is initially used to prove the existence of ripple effects. A causality test can then identify the source cities: Beijing and Chongqing in the residential market, and Shenzhen and Chongqing in the commercial market. Finally, the authorities should enforce the differentiated measures by “depressing the housing market while encouraging the commercial market” in the respective target cities; this approach could efficiently ripple out to other cities. It is believed that the policy of land resources diversification can enable the Chinese real estate market to achieve more sustainable development. Full article

(This article belongs to the Special Issue Sustainable Strategic Management and Corporate Social Responsibility)

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20 pages, 1007 KiB

Open AccessArticle

Perceived CSR on Career Satisfaction: A Moderated Mediation Model of Cultural Orientation (Collectivism and Masculinity) and Organisational Pride

by Mourad Mansour, Mohammed Abdulrazzaq Alaghbari, Baligh Beshr and Basheer M. Al-Ghazali

Sustainability 2023, 15(6), 5288; https://doi.org/10.3390/su15065288 - 16 Mar 2023

Cited by 2 | Viewed by 1825

Abstract

Previous studies depicted an association between perceived corporate social responsibility (CSR) and career satisfaction. Yet, the understanding of this fundamental connection is limited. This study examined the micro-foundations of CSR to elucidate the impact of workers’ CSR opinions on their career satisfaction. We [...] Read more.

Previous studies depicted an association between perceived corporate social responsibility (CSR) and career satisfaction. Yet, the understanding of this fundamental connection is limited. This study examined the micro-foundations of CSR to elucidate the impact of workers’ CSR opinions on their career satisfaction. We established a moderated mediation model that incorporated perceived CSR, career satisfaction, organisational pride, and cultural alignment (collectivism and masculinity) based on a sample of 383 respondents using convenience sampling. Data were gathered on employees working in Saudi Arabian industries with well-executed CSR programs. Andrew Hayes’ Process Macros were used to test the hypotheses. Results showed that organisational pride partially mediated the association between perceived CSR and career satisfaction. Masculinity weakened the association between perceived CSR and organisational pride, and negatively moderated the association between perceived CSR, organisational pride, and career satisfaction. Conversely, collectivism positively moderated the perceived CSR and organisational pride link. This study extends the CSR literature by investigating one of the under-researched outcomes of CSR at an employee level, that is, career satisfaction. It also adds to the current body of knowledge by exploring the boundary conditions of the perception–emotion–behaviour link in employees. This study recommends that policymakers should focus more on CSR programs and collectivism to improve the career satisfaction of employees. Limitations and future recommendations are also discussed at the end. Full article

(This article belongs to the Special Issue Sustainable Strategic Management and Corporate Social Responsibility)

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21 pages, 2243 KiB

Open AccessArticle

Sustainability of Taiwanese SME Family Businesses in the Succession Decision-Making Agenda

by Cheng-Wen Lee, Hsiao Chuan Chen, Choong Leng Peng and Shu Hui Chen

Sustainability 2023, 15(2), 1237; https://doi.org/10.3390/su15021237 - 9 Jan 2023

Cited by 1 | Viewed by 1598

Abstract

SME family businesses play a vital role in the world economy as a recognized sustainable contributor to economic growth. Aged owners of Taiwan’s family businesses have become the biggest problem; because of the dramatically changing technology and business environment, many family businesses are [...] Read more.

SME family businesses play a vital role in the world economy as a recognized sustainable contributor to economic growth. Aged owners of Taiwan’s family businesses have become the biggest problem; because of the dramatically changing technology and business environment, many family businesses are faced with an inheritance crisis. This study tries to identify what the priority of influential factors is for the leader’s decision-making of succession. Based on the stakeholder, upper echelons, stewardship, and agency theories, we summarized 27 crucial factors derived from four dimensions (individual, interpersonal, organizational, and the environmental) after reviewing the relevant literature. This study was based on multilevel research and a multidisciplinary perspective. After using the Delphi method and decision-making trial and evaluation laboratory (DEMATEL) method, we applied the importance–performance analysis (IPA) to determine the key factor priority. The results are important for strengthening family business theory and identifying the conditions that best promote the future growth and sustainability of family businesses. Full article

(This article belongs to the Special Issue Sustainable Strategic Management and Corporate Social Responsibility)

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17 pages, 820 KiB

Open AccessArticle

Predictors of Pro-Environmental Intention and Behavior: A Perspective of Stimulus–Organism–Response Theory

by Agus Sugiarto, Cheng-Wen Lee, Andrian Dolfriandra Huruta, Christine Dewi and Abbott Po Shun Chen

Sustainability 2022, 14(23), 16047; https://doi.org/10.3390/su142316047 - 1 Dec 2022

Cited by 2 | Viewed by 2678

Abstract

Considering the importance of pro-environmental issues, this study aims to determine the impact of level of employee education and pro-environmental intention on pro-environmental behavior based on stimulus–organism–response theory. There was a total of 425 respondents participating in the survey. This study was conducted [...] Read more.

Considering the importance of pro-environmental issues, this study aims to determine the impact of level of employee education and pro-environmental intention on pro-environmental behavior based on stimulus–organism–response theory. There was a total of 425 respondents participating in the survey. This study was conducted during the period of March–June 2022. The data were analyzed using partial least square–structural equation modelling (PLS-SEM). The results indicate that the level of employee education has a positive impact on pro-environmental intention. In addition, pro-environmental intention has a significant impact on pro-environment behavior. Overall, this study sheds light on stimulus–organism–response theory in the context of Indonesia. Full article

(This article belongs to the Special Issue Sustainable Strategic Management and Corporate Social Responsibility)

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17 pages, 328 KiB

Open AccessArticle

Board Chairman Characteristics and Real Earnings Management

by Mujeeb Saif Mohsen Al-Absy

Sustainability 2022, 14(22), 15025; https://doi.org/10.3390/su142215025 - 14 Nov 2022

Cited by 6 | Viewed by 1589

Abstract

This study investigates the influence of board chairman characteristics on the level of real earnings management for listed firms with the lowest positive earnings on the Main Market of Bursa Malaysia. Based on the Ordinary Least Square regression, the findings indicate that board [...] Read more.

This study investigates the influence of board chairman characteristics on the level of real earnings management for listed firms with the lowest positive earnings on the Main Market of Bursa Malaysia. Based on the Ordinary Least Square regression, the findings indicate that board chairman independence and real earnings management have a significant positive association. However, BC’s age, on the other hand, was found to be strongly connected with a lesser degree of real earnings management. Other board chairman characteristics, including tenure, ethnicity, and family membership, did not have a significant influence on the level of real earnings management. In general, the findings are robust and compatible with numerous assumptions, such as incorporating the year dummy variable and eliminating the accruals earnings management control variable. These findings highlight the inconsistent effect of each characteristic of the board chairman. Furthermore, it seems that the board chairman’s characteristics examined in the study are not efficient, except for the board chairman’s age, in reducing the real earnings management where results may be different if the board chairman is a female director. The use of comprehensive characteristics of the board chairman together in one model in this study is novel. However, it can inform policy-makers, firms’ owners, stakeholders, as well as scholars, of the need for improving the board chairman’s role in protecting the firm from real earnings activities, where it has been observed that 97% of the boards of the firms’ are chaired by male directors. Full article

(This article belongs to the Special Issue Sustainable Strategic Management and Corporate Social Responsibility)

20 pages, 651 KiB

Open AccessArticle

Reengineering Human Resources and Entrepreneurial Learning towards Organizational Revitalization in Malaysian Travel and Tourism Companies during the COVID-19 Pandemic

by Cheng-Wen Lee, Choong Leng Peng and Hsiao Chuan Chen

Sustainability 2022, 14(20), 13509; https://doi.org/10.3390/su142013509 - 19 Oct 2022

Cited by 1 | Viewed by 1897

Abstract

The interest in the reengineering process of human resources and entrepreneurial learning contributes to enhancing the success of organizational revitalization, especially concerning corporate sustainability. This study builds a conceptual research framework and adopts the descriptive analytical approach based on the data of 239 [...] Read more.

The interest in the reengineering process of human resources and entrepreneurial learning contributes to enhancing the success of organizational revitalization, especially concerning corporate sustainability. This study builds a conceptual research framework and adopts the descriptive analytical approach based on the data of 239 samples from the employees working in travel and tourism companies in Malaysia. The findings indicate the existence of a statistically significant effect of human resources reengineering on various dimensions of organizational revitalization. Amongst them, pioneering/entrepreneurial learning as a moderating variable also has a significant and positive influence on organizational revitalization. The implications of this study mostly emphasize the necessity for travel and tourism companies to maintain their sustainability through reengineering human resources. In accomplishing strategic tasks for human resource development and achieving the strategic goals, these essential issues such as encouraging workers to innovate and continuously raising their awareness of entrepreneurship need to be acknowledged. Full article

(This article belongs to the Special Issue Sustainable Strategic Management and Corporate Social Responsibility)

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22 pages, 2819 KiB

Open AccessArticle

The Incorporation of Service-Learning into a Management Course: A Case Study of a Charity Thrift Store

by Hsien-Ming Chou, Cheng-Wen Lee and Tsai-Lun Cho

Sustainability 2022, 14(12), 7132; https://doi.org/10.3390/su14127132 - 10 Jun 2022

Cited by 5 | Viewed by 2496

Abstract

(1) Background: A charity thrift store commonly takes on employees with disabilities, but such a business model creates many challenges to overcome, as will be described. This research focuses on the satisfaction of such individuals taking service-learning courses. (2) Methods: The five management [...] Read more.

(1) Background: A charity thrift store commonly takes on employees with disabilities, but such a business model creates many challenges to overcome, as will be described. This research focuses on the satisfaction of such individuals taking service-learning courses. (2) Methods: The five management functions are planning, organization, leadership, coordination, and control. Service-learning students learn management theory to apply in practice. To test the quality of their learning, a reliability analysis, descriptive statistics, and T-test were carried out using the questionnaire survey method. (3) Results: First, there is a need for education, training, and process improvements for internal staff. Then, efforts must be made to improve customers’ perception of the charity thrift store, e.g., via beautification. Beyond that, institutional promotion may be an option, as are social media posting suggestions. Finally, real serving experience enables those in training to engage in critical self-reflection. The results of the questionnaire survey show that the students most satisfied with the service-learning training are those seeking to work in social care, rather than retail, but that all service-learning students were at least somewhat satisfied with the training provided. Significant differences were observed in service-learning satisfaction related to the students’ gender and identity. (4) Conclusions: Students’ self-reflections can enhance their self-growth and problem-solving skills. Additionally, this management course awakens respect among the students for those with disabilities. After their satisfaction is reviewed, college students are willing to continue to participate in the service-learning. This course offers sustainable results by supplying a steady stream of trained workers to charity thrift stores. Full article

(This article belongs to the Special Issue Sustainable Strategic Management and Corporate Social Responsibility)

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