Suchergebnisse

In developed and developing countries alike, there is a strong and ever growing interest in decentralization and local governance. Most official donors and many non-governmental organisations support efforts of developing countries in this area

AbstractThis study aims to explore the nexus between corporate social responsibility (CSR) and firm performance (FP); and the moderating role of governance mechanisms on the CSR‐FP nexus. This study investigates the aforementioned nexus, based on the sample of 257 Indian non‐financial companies listed on the National Stock Exchange (NSE) 500 index, for the period 2009–10 to 2022–23. GMM‐based dynamic panel estimation technique is applied to explore the relationship. The study reveals a positive nexus between CSR and FP, and a strong positive moderating impact of board size (BS), board independence (BID), and board gender diversity (BGD) on CSR‐FP nexus. However, the study shows an inverse moderating role of ownership concentration (OC) on the CSR‐FP nexus. The study provides a brief understanding of the CSR‐FP nexus and recommends the implementation of stronger governance mechanisms for the corporations of developing nations. This initiative may increase CSR, and generate economic advantage for the firms and the whole society.

AbstractThis study investigates the moderating influence of the business strategy type on the correlation between environmental, social and governance (ESG) investment and efficiency in the gambling industry. By employing the range directional measure–network data envelopment analysis model, this study focuses on a sample of 29 gambling firms in North America, Europe, Asia and Oceania for the period of 2019–2022. Findings show that (i) the gambling industry demonstrates steadily increasing trends in the three ESG pillars; (ii) the gambling firms in Asia outperform their counterparts in North America across the three ESG pillars, and among the industry classifications, the betting operators lead in performance in the ESG pillars; and (iii) the adoption of an aggressive business strategy will enhance the translation of social responsibility investment and governance practices into heightened sustainability efficiency and marketability efficiency, respectively. Overall, this study enriches the ESG investment literature by exploring the moderating role of the business strategy type and provides insights into how diverse business strategies within the gambling industry can shape the outcomes of ESG initiatives. The implications of the findings extend to management teams and offer valuable insights into the interplay between the business strategy type and the ESG–firm efficiency nexus. Policymakers can leverage the results to design regulations and incentives that align with the different strategic profiles adopted by gambling firms to foster the creation of tailored and effective approaches for strengthening their sustainability in the industry.

Environmental governance of the Forests Over Limestone (FOL) ecosystem is critical, considering its unique and fragile characteristics. However, there is a limited study on the role of gender and age in the perception of stakeholders' participation in forest governance. A survey was conducted in the Forests Over Limestone of Guiuan Marine Reserve Protected Landscape and Seascape (GMRPLS), Guiuan, Eastern Samar, Philippines, to determine the perception of the residents in GMRPLS as to the responsible sectors and groups in the conservation and protection of FOL. The study results showed that men and women of various age groups identified the Department of Environment and Natural Resources (DENR), Local Government Units (LGUs), people organizations, non-government organizations, education, businesses and industries, and the community comprising of men and women of various age groups, e.g., children, teenagers, adults, senior citizens, as stakeholders of the FOL in GMRPLS. The study also tried to determine the relationship between age and the respondents' perception of FOL stakeholders. However, no relationship was found between age and their perception of the various groups responsible for FOL governance. Moreover, a very weak (0.096) relationship between age and their perception that adults are responsible for FOL governance was found at a 0.05 significance level. The results indicate that older people are expected to participate in the environmental governance of the FOL ecosystem. A very weak relationship between age and their perception that men (0.123) and women (0.089) are responsible for FOL governance was also found at a 0.01 and 0.05 significance level, respectively. The results suggest a need to develop and implement policies and programs that will empower women to participate in FOL governance while ensuring equal representation of men and women from various age groups in the management of FOL. The study recommends organizing developmental activities for young men and women from different age groups to promote and instill environmental values so that they continue to support the conservation and protection of FOL as they age.