Search Results (794)

The present conceptual paper proposes a purpose-driven experiential marketing framework for film-induced destinations, integrating sustainability and emotional engagement into destination management. The model under discussion comprises five interconnected dimensions, namely integrated experience, branding, people, emotional touchpoints and processes. These are articulated through purpose-driven marketing principles and aligned with selected Global Reporting Initiative (GRI) indicators. This approach positions sustainability as an inherent component of value creation rather than an external policy layer. The framework under discussion was developed through an interdisciplinary literature review and is illustrated through insights from an exploratory case study of Monsanto, a rural Portuguese village recently featured in HBO’s House of the Dragon. Semi-structured interviews were conducted with a purposive sample of local stakeholders, including tourists, residents, entrepreneurs and institutional representatives. These interviews were analysed thematically to provide indicative evidence of the framework’s relevance and potential applicability. The findings suggest that emotional engagement, co-creation and territorial authenticity play a central role in shaping memorable film-related tourism experiences that are consistent with destination purpose and stakeholder well-being. The study also emphasises the strategic importance of storytelling, audiovisual narratives and collaborative governance in the strengthening of place identity and the support of sustainable differentiation. Despite its exploratory nature, the framework provides practical guidance for destination management organisations (DMOs), cultural programmers and creative industry actors. The article concludes by identifying avenues for future research, including cross-regional application, digital experimentation and the quantitative assessment of experiential dimensions. Full article

This study investigates the impact of Governance, Risk management, and Compliance (GRC) practices on operational efficiency and corporate reputation. Drawing on the Resource-Based View (RBV), Stakeholder Theory, and the signaling perspective, it conceptualizes GRC as a set of organizational capabilities that enhance operational efficiency and company reputation. It also examines the mediating role of operational efficiency in the GRC–reputation relationship, particularly within technologically advanced and regulated sectors. Data were collected through a structured questionnaire distributed to 126 professionals across various Saudi technology-driven organizations, and the analyses combined descriptive statistics, hierarchical regression, and bootstrapped mediation testing using PROCESS to assess direct and indirect effects. The results indicate that operational efficiency partially mediates the effects of governance and compliance on reputation, supporting the argument that strengthened internal processes enhance external stakeholder evaluations; meanwhile, no mediation was found for risk management. Although the study offers meaningful insights, its sample size and sectoral focus limit the generalizability of conclusions, suggesting the need for broader or longitudinal research. This study contributes by advancing the conceptualization of GRC as organizational capabilities and empirically demonstrating their roles in strengthening both efficiency and reputation within technology-driven firms where digital governance and compliance capabilities are increasingly central. Full article

This study aims to develop a tailored Quality Management System (QMS) model for SMEs in the food sector, acknowledging their limited resources, the complexity of existing quality standards, and the pressing need for a contextualized, practical framework. The research adopts the Framework for Analysis, Comparison, and Testing of Standards (FACTS), comprising three main stages: a systematic review of relevant literature, expert validation through panel discussions, and preliminary field testing involving selected food SMEs. The study proposes a seven-variable QMS model designed around the PDCA cycle. The variables include leadership, philosophy-based, strategic planning, customers, quality infrastructure, quality assurance, and performance assessment. Empirical findings suggest that the model aligns well with the operational realities and strategic needs of food SMEs. It is perceived as user-friendly, adaptable, and feasible for stepwise implementation, without requiring substantial investment or intensive external support. Validation through field implementation revealed strong acceptance among SME practitioners and stakeholders. The proposed model offers a practical roadmap for food SMEs to establish an internal quality system that is both adaptive to their unique contexts and measurable in its outcomes. Full article

This paper introduces flourishing circularity as a transformative approach to resource assessment that transcends both traditional Resource-Based View (RBV) theory and conventional circular economy concepts. We demonstrate RBV’s fundamental limitations in addressing the polycrisis of breached planetary boundaries and social inequities. Similarly, while the circular economy focuses on resource reuse and recycling, it often merely delays environmental degradation rather than reversing it. Flourishing circularity addresses these shortcomings by reconceptualizing natural and social capital not as externalities but as foundational sources of all value creation. We develop a comprehensive framework for assessing resources within an open systems perspective, where competitive advantage increasingly derives from a firm’s ability to regenerate the systems upon which all business depends. The paper introduces novel assessment tools that capture the dynamic interplay between organizational activities and coevolving social and ecological systems. We outline the core competencies required for flourishing circularity: regenerative approaches to social and natural capital, and systems thinking with cross-boundary collaboration capabilities. These competencies translate into competitive advantage as stakeholders increasingly favor organizations that enhance system health. The framework provides practical guidance for transforming resource assessment from extraction to regeneration, enabling business models that create value through system enhancement rather than depletion. Full article

This study examines the impact of tax avoidance practices on investment efficiency in Egypt, with particular emphasis on the moderating role of earnings management by exploring whether these tactics reflect managerial opportunism or serve as a mechanism to ease financial constraints. We employ panel data regression to analyze a sample of 58 non-financial firms listed on the Egyptian Exchange (EGX) over the period 2017–2024, yielding 464 firm-year observations. Data are collected from official corporate websites, EGX, and Egypt for Information Dissemination (EGID). Grounded in agency theory, signaling theory, and pecking order theory, this study reveals how conflicts of interest and information asymmetry between managers and stakeholders lead to managerial opportunism. The findings show that tax avoidance undermines the investment efficiency in the Egyptian market. Earnings manipulation further intensified this effect due to the financial statements’ opacity. A closer examination reveals that earnings management exacerbates overinvestment by masking managerial decisions. Conversely, for financially constrained firms with a tendency to underinvest, tax avoidance and earnings management may contribute to improved efficiency by generating internal liquidity and alleviating external financing constraints. These results provide valuable insights for regulators, highlighting that policy should be directed against managerial opportunism and improving transparency, instead of focusing solely on curbing tax avoidance. From an investor perspective, they should closely monitor and understand the tax-planning strategies to ensure they enhance the firm’s value. Full article

This article presents a conceptual framework linking responsible leadership competencies to organizational processes relevant for sustainability transformation. A leader’s personal impact is conceptualized as indirect through organizational governance, prioritization, collaboration, and innovation. The article provides a conceptual mapping approach that systematically connects individual leadership competencies with strategic organizational impact areas. The framework builds on the Competency Assessment for Responsible Leadership (CARL) and the Positive Impact Organization (PIO) concept to relate leadership capabilities to organizational transformation requirements. Five responsible leadership competencies—ethics and values, self-awareness, stakeholder relations, change and innovation, and systems thinking—are mapped to five organizational impact areas: governance alignment, sustainability culture, external stakeholder validation, purpose-driven product and service innovation, and transformative sustainability. The article identifies how specific leadership competencies align with distinct organizational leverage points, clarifying the mechanisms through which leaders shape structures, decision processes, cultural norms, and innovation pathways associated with sustainability transformation. By specifying these relationships, the framework distinguishes leadership impact at the organizational level and provides a structured basis for analyzing how leadership competencies contribute to an organization’s capacity for societal and environmental contribution. The framework is applicable to research on responsible leadership and business sustainability and informs leadership development and management education concerned with sustainability-oriented organizational change. Full article

Authorized Heritage Discourse (AHD) equates heritage value with visual and material purity, marginalizing resident-led changes as damage. This study examines “parasitic” additions to Beijing’s siheyuan—vernacular, externally attached modules used to meet modern living needs—as a critical site of negotiation. Combining spatial mapping of 48 cases, a resident survey (n = 185), and stakeholder interviews (n = 13) conducted between April 2023 and June 2025, we identify a fundamental discursive rupture: residents overwhelmingly justify adaptations on “living rights” grounds (support rate ≈ 76.3%), while professionals uphold aesthetic conservation. We theorize these interventions as a “subversive compromise,” preserving the historic shell while embedding modern functionality, thus co-producing a state of “negotiated authenticity.” While limited by non-probability sampling, the findings call for a governance shift from rigid form-based rules to performance- and rights-oriented pathways, including provisional permits and participatory review. The study underscores the need to reconcile visual integrity with dwelling rights to sustain living heritage. Full article

Long-duration energy storage (LDES) can deliver system-wide flexibility and decarbonization benefits, yet investment is often hindered because these benefits are diffuse and not fully monetized under conventional market structures. A public-asset-oriented valuation and cost-allocation framework is proposed for LDES. First, LDES externality benefits are quantified through a system-level optimization-based simulation on a stylized aggregated regional network, with key indicators including thermal generation cost, carbon penalty, renewable curtailment cost, involuntary load shedding, and end-user electricity expenditures. Second, LDES investment costs are allocated among thermal generators, renewable operators, grid entities, and end users via a benefit-based Nash bargaining mechanism. In the case study, introducing LDES reduces thermal generation cost by 3.92%, carbon penalties by 5.59%, and renewable curtailment expenditures by 7.07%, while eliminating load shedding. The resulting cost shares are 46.9% (renewables), 28.7% (end users), 22.4% (thermal generation), and 0.5% (grid entity), consistent with stakeholder-specific benefit distributions. Sensitivity analyses across storage capacity and placement further show diminishing marginal returns beyond near-optimal sizing and systematic shifts in cost responsibility as benefit patterns change. Overall, this framework offers a scalable, economically efficient, and equitable strategy for cost redistribution, supporting accelerated LDES adoption in future low-carbon power systems. Full article

Grassroots and community-led initiatives are increasingly recognized as important actors of local development, yet their role of “local networkers” capable of co-designing and co-creating solutions remains insufficiently explored, particularly in post-socialist contexts. The aim of this empirical study is to evaluate the depth of participation and the patterns of co-design in the process of strategic planning in grassroots initiatives. The research draws on primary data from 106 grassroots initiatives. To examine stakeholder involvement, we construct six bipartite networks representing actor participation across distinct phases of strategic planning. These networks are analyzed using social network analysis to identify structural patterns, followed by exponential random graph models (ERGMs) to test hypotheses concerning actor-level characteristics such as income, commercial activities, community size, and experience with social innovation. The findings show that the core co-designers in all planning phases are the initiatives’ own communities and volunteers, who consistently dominate the planning, decision-making, and implementation processes. External actors—local governments, NGOs, activists, firms, and universities—participate selectively, mainly during initial information gathering, consultations, and project preparation. Overall, the study demonstrates that grassroots initiatives operate primarily as community-anchored civic networks, with external actors engaged pragmatically around specific collaborative tasks rather than across the full planning cycle. Full article

This paper examines the 14-year journey of the Mongolian National University of Medical Sciences (MNUMS) in achieving and sustaining international accreditation for its undergraduate medical program. Beginning in 2010, MNUMS undertook a series of institutional reforms that culminated in full accreditation in 2016 and re-accreditation in 2024 by an international agency recognized by the European Network for Quality Assurance in Higher Education (ENQA). Drawing on institutional self-assessment reports, evaluator feedback, and stakeholder consultations, this case study explores how the accreditation process functioned as a catalyst for educational reform and quality enhancement. The findings reveal major transformations in curriculum design, assessment systems, and institutional governance. MNUMS adopted the European Credit Transfer and Accumulation System (ECTS), introduced outcome-based education and Entrustable Professional Activities (EPAs), expanded its Clinical Skills Center, and implemented a compulsory undergraduate research project. Additionally, the creation of an integrated Bachelor–Master pathway and strengthened international partnerships further advanced the university’s alignment with global medical education standards. This case illustrates how international accreditation can drive systemic improvement in medical education within developing-country contexts. The MNUMS experience highlights the value of sustained institutional commitment, responsiveness to external evaluation, and the strategic use of accreditation as a framework for continuous innovation and global integration. Full article

This study examines the role of Digital Twin technologies in advancing Environmental, Social, and Governance performance within multinational corporations. Grounded in socio-technical systems theory and stakeholder theory, the research investigates how digital twins facilitate the integration of organizational capabilities with external accountability mechanisms. A multi-method research design is employed, comprising in-depth case studies, capital market event analysis, and machine learning-assisted regression to capture both qualitative and empirical insights. Case evidence from Siemens, Unilever, Tesla, and BP reveals that DT adoption is associated with measurable ESG gains, including reduced emissions, improved safety, enhanced supplier compliance, and accelerated reporting cycles. Event study findings show statistically significant abnormal returns following ESG-oriented DT announcements, while regression analysis confirms a positive association between DT adoption and ESG performance. Governance structures are explored as potential moderators of this relationship. The findings underscore DTs as strategic enablers of ESG value creation, beyond their technical utility. By enhancing transparency, auditability, and stakeholder trust, DTs contribute to both internal transformation and external legitimacy. This research advances the discourse on ESG digitalization and offers actionable implications for corporate leaders and policymakers seeking to foster sustainable, technology-driven governance in complex global value chains. However, because the quantitative component relies on cross-sectional data, the relationships identified should be interpreted as associations rather than definitive causal effects. Full article

This study investigates the relationship between Environmental, Social, and Governance (ESG) performance and the financial performance of startups in emerging economies. We posit that strong ESG practices serve as a critical signal of quality and legitimacy, helping to alleviate the liability of newness by mitigating information asymmetries for external stakeholders. Analyzing a longitudinal dataset of startups, we find a positive main effect of ESG on financial performance. Further, we demonstrate that this relationship is contingent on factors at multiple levels. The positive effect of ESG is weakened in contexts of high firm digitalization, greater analyst coverage, and developed regional institutions, as these factors act as substitutes by providing alternative sources of credible information, thereby reducing the unique signaling value of ESG. Conversely, intense industry competition amplifies the ESG advantage, as the signal becomes more critical for differentiation. Our findings contribute by shifting the ESG discourse to the entrepreneurial context and offering a nuanced, multi-level understanding of when a firm’s sustainable investment is most pivotal as a strategic asset for startups navigating institutional voids. Full article

Tuberculosis (TB) remains a public health threat in low- and middle-income countries (LMICs) of the World Health Organization (WHO) Eastern Mediterranean Region (EMR), driven by a combination of social determinants including undernutrition, fragile health systems, conflict-related disruptions, human mobility and displacement, sub-optimal programmatic implementation, and insufficient domestic investment. These programmatic and governance constraints operate within a broader geopolitical context marked by conflict, sanctions, protracted crises, and large-scale displacement, which further limit countries’ ability to deliver uninterrupted TB services. In 2023, the region’s TB incidence was estimated at 116 per 100,000 population, with Pakistan alone accounting for about 73% of the regional burden. Despite a multitude of efforts, progress in reducing the TB burden in the EMR remains slow, with high case detection and treatment coverage gaps, low uptake of TB preventive treatment (TPT), underutilization of WHO-recommended rapid diagnostics, and only 25% of drug-resistant TB (DR-TB) cases initiated on treatment. Vulnerable populations, including internally displaced persons, migrants, refugees, prisoners, and returnees, continue to face major access barriers, and cross-border TB collaboration remains limited. This commentary reasons that the slow pace of TB burden reduction in the region is not only a biomedical or resource issue but also a reflection of structural and governance shortcomings. It proposes a ten-point strategic vision focused on building a sustainable ecosystem, enhancing primary healthcare systems, adopting people-centered and rights-based approaches, leveraging artificial intelligence, and gradually reducing dependency on external donors where feasible. However, in highly fragile settings such as Yemen or Somalia, domestic financing remains limited, and sustained external support will continue to be indispensable. The commentary calls for stronger national leadership, inclusive stakeholder engagement, and increased domestic financing to deliver integrated and resilient TB services. Ending TB in the EMR is within reach, but it requires boldly committed, coordinated, and country-led action. Full article

The main objective of this article is to conduct a literature review on the use of open innovation (OI) for green transition to identify tools and methods that can make green transition more effective, efficient, and socially acceptable. This review is accompanied by an attempt to answer the following research questions: R1. How can open innovation be used in the economy and by individual entities to achieve the goals of the green transition? R2. How can individual stakeholders be activated and motivated to participate in the process of creating open innovation for the green transition? and R3. What are the real effects of using open innovation on a macroeconomic, social, and individual scale? The results allow concluding that OI is used by enterprises, cities, regions, and entire economies. Among the methods of activating and motivating individual stakeholders to engage in the process of creating OI for green transition, the following can be selected: (1) internal resources and competencies (knowledge management, internal programs, open leadership, trust, complementarity of resources); (2) partnership characteristics (modern business models, involvement of partnership intermediaries, strengthening relationships with suppliers and customers, involvement of prosumers, cooperation with universities and research institutions); (3) external legal and regulatory conditions (protection of intellectual property rights, pro-innovation and pro-environmental education systems, creation of a legal framework for cooperation between science and business); and (4) external technical and organizational solutions (online platforms, social media, Living Labs, external sources of knowledge). The most frequently mentioned individual effects of open innovation in the energy sector include: improved efficiency, effectiveness and competitiveness in environmental management and the implementation of sustainable development, as well as the use of modern technologies. At the economic level, OI supports investment and economic growth. It can also have a positive impact on reducing energy poverty and developing renewable energy sources, including in emerging economies. This form of innovation also promotes social integration and the creation of social values. The findings of this review can be utilized by scholars to identify current and future research directions. They may also prove valuable for practitioners as both an incentive to engage in open innovation and guidance for its design and implementation. Furthermore, the results can contribute to disseminating knowledge about open innovation and its role in the green transformation. Full article

This study investigates the challenges faced by small- and medium-sized manufacturing enterprises (SMEs) as they attempt to respond to decarbonization demands and expand into renewable-energy markets. Drawing on three waves of free-response surveys conducted between 2021 and 2024, and applying the KJ qualitative synthesis method, the analysis identifies multi-layered constraints across financial, technological, human resource, organizational, and institutional domains. The findings show that the central difficulty for SMEs lies in reconciling exploration—the pursuit of new technologies and business opportunities—with exploitation—the need to maintain and improve existing operations. External stakeholder pressure frequently accelerates this tension, compelling SMEs to initiate environmental actions even when internal capabilities remain insufficient. Based on the emergent patterns, the study develops an “Exploration–Exploitation Support Matrix,” providing a practical framework for policymakers to design coordinated support measures. The study contributes to the integration of eco-innovation, absorptive capacity, and ambidextrous management theories and offers actionable insights for promoting sustainable SME transitions. Full article