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Search Results (89)

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Keywords = stakeholder-oriented countries

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17 pages, 267 KiB  
Article
Exploring Synergies Among European Universities, Government, Industry, and Civil Society on Promotion of Green Policies and Just Transition Facets: Empirical Evidence from Six European Countries
by Georgios A. Deirmentzoglou, Nikolaos Apostolopoulos, Sotiris Apostolopoulos, Eleni E. Anastasopoulou, Lefteris Topaloglou, Konstantinia Nikolaidou, Tsvetomira Penkova, Miguel Corbí Santamaría, Sandra Nieto-González, Dragana Radenkovic Jocic, Marina Stanojević and George Sklias
Sustainability 2025, 17(16), 7517; https://doi.org/10.3390/su17167517 - 20 Aug 2025
Viewed by 217
Abstract
This cross-country study examines how higher education institutions collaborate with government, industry, and civil society to promote the European Green Deal and Just Transition initiatives. Framed within the quadruple helix (QH) model, the research investigates emerging partnerships and the integration of green policies [...] Read more.
This cross-country study examines how higher education institutions collaborate with government, industry, and civil society to promote the European Green Deal and Just Transition initiatives. Framed within the quadruple helix (QH) model, the research investigates emerging partnerships and the integration of green policies across six European countries: Bulgaria, Cyprus, France, Greece, Serbia, and Spain. Special emphasis is placed on the strategic role of universities in advancing the environmental, social, and economic dimensions of sustainability through their initiatives. Drawing on 30 semi-structured interviews with key stakeholders, including local public officials, academics, entrepreneurs, students, and unemployed youth, the study uncovers a growing alignment between academic initiatives and national sustainability agendas. While the extent of policy integration and collaboration varies, the findings underscore the importance of universities in shaping environmental awareness, fostering green innovation, and advancing multi-actor partnerships. The study contributes to the theoretical discourse on the QH model by applying it to the field of green transition policy and offers practical recommendations for enhancing the role of universities in sustainability-oriented governance and education. Full article
22 pages, 337 KiB  
Review
Contract Mechanisms for Value-Based Technology Adoption in Healthcare Systems
by Aydin Teymourifar
Systems 2025, 13(8), 655; https://doi.org/10.3390/systems13080655 - 3 Aug 2025
Viewed by 381
Abstract
Although technological innovations are often intended to improve quality and efficiency, they can exacerbate systemic challenges when not aligned with the principles of value-based care. As a result, healthcare systems in many countries face persistent inefficiencies stemming from the overuse, underuse, misuse, and [...] Read more.
Although technological innovations are often intended to improve quality and efficiency, they can exacerbate systemic challenges when not aligned with the principles of value-based care. As a result, healthcare systems in many countries face persistent inefficiencies stemming from the overuse, underuse, misuse, and waste associated with the adoption of health technology. This narrative review examines the dual impact of healthcare technology and evaluates how contract mechanisms can serve as strategic tools for promoting cost-effective, outcome-oriented integration. Drawing from healthcare management, and supply chain literature, this paper analyzes various payment and contract models, including performance-based, bundled, cost-sharing, and revenue-sharing agreements, through the lens of stakeholder alignment. It explores how these mechanisms influence provider behavior, patient access, and system sustainability. The study contends that well-designed contract mechanisms can align stakeholder incentives, reduce inefficiencies, and support the delivery of high-value care across diverse healthcare settings. We provide concrete examples to illustrate how various contract mechanisms impact the integration of health technologies in practice. Full article
(This article belongs to the Special Issue Operations Management in Healthcare Systems)
12 pages, 500 KiB  
Review
Beyond the Pill: Mapping Process-Oriented Decision Support Models in Pharmaceutical Policy
by Foteini Theiakou, Catherine Kastanioti, Dimitris Zavras and Dimitrios Rekkas
Healthcare 2025, 13(15), 1861; https://doi.org/10.3390/healthcare13151861 - 30 Jul 2025
Viewed by 334
Abstract
Background: The quality of decision-making processes is increasingly recognized as critical to public trust and policy sustainability. Objectives: This narrative review aims to identify and describe process-focused decision support models (DSMs) applied in pharmaceutical policy, and to examine their potential contributions [...] Read more.
Background: The quality of decision-making processes is increasingly recognized as critical to public trust and policy sustainability. Objectives: This narrative review aims to identify and describe process-focused decision support models (DSMs) applied in pharmaceutical policy, and to examine their potential contributions to improving procedural quality in decisions related to pricing, reimbursement, and access to medicines. Methods: Relevant peer-reviewed and gray literature published between 2000 and 2025 was considered, drawing from key databases (e.g., PubMed and Scopus) and international policy reports (e.g., WHO, ISPOR, and HTA agencies). Studies were included if they provided insights into DSMs addressing at least one dimension of decision process quality. Results: Findings are synthesized narratively and organized by tool type, application context, and key quality dimensions. Frequently referenced tools included the Quality of Decision-Making Orientation Scheme (QoDoS), WHO-INTEGRATE, and AGREE II. QoDoS emerged as the only tool applied across regulatory, HTA, and industry settings, evaluating both individual- and organizational-level practices. WHO-INTEGRATE highlighted equity and legitimacy considerations but lacked a structured format. Overall, most tools demonstrated benefits in promoting internal consistency, transparency, and stakeholder engagement; however, their adoption remains limited, especially in low- and middle-income countries. Conclusions: Process-focused DSMs offer promising avenues for enhancing transparency, consistency, and legitimacy in pharmaceutical policy. Further exploration is needed to standardize evaluation approaches and expand the use of DSMs in diverse health systems. Full article
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26 pages, 2486 KiB  
Review
Sports in Natural Forests: A Systematic Review of Environmental Impact and Compatibility for Readability
by Iulian Bratu, Lucian Dinca, Ionut Schiteanu, George Mocanu, Gabriel Murariu, Mirela Stanciu and Miglena Zhiyanski
Sports 2025, 13(8), 250; https://doi.org/10.3390/sports13080250 - 29 Jul 2025
Viewed by 677
Abstract
The intersection of sports and natural forests and green spaces represents an emerging interdisciplinary field with implications for public health, environmental science, and sustainable land management and refers to the variety of cultural ecosystem services demanded by people from ecosystems. This manuscript presents [...] Read more.
The intersection of sports and natural forests and green spaces represents an emerging interdisciplinary field with implications for public health, environmental science, and sustainable land management and refers to the variety of cultural ecosystem services demanded by people from ecosystems. This manuscript presents a systematic bibliometric and thematic analysis of 148 publications for the period 1993–2024 identified through Web of Science and Scopus, aiming to evaluate the current state of research on sports activities conducted in natural forest environments. Findings indicated a marked increase in scientific interest of this topic over the past two decades, with key contributions from countries such as England, Germany, China, and the United States. Researchers most frequently examined sports such as hiking, trail running, mountain biking, and orienteering for their capacity to provide physiological and psychological benefits, reduce stress, and enhance mental well-being. The literature analysis highlights ecological concerns, particularly those associated with habitat disturbance, biodiversity loss, and conflicts between recreation and conservation. Six principal research themes were identified: sports in urban forests, sports tourism, hunting and fishing, recreational sports, health benefits, and environmental impacts. Keyword and co-authorship analyses revealed a multidisciplinary knowledge base with evolving thematic focuses. In conclusion, the need for integrated approaches that incorporate ecological impact assessment, stakeholder perspectives, and adaptive forest governance to ensure sustainable recreational use of natural forest ecosystems is underlined. Full article
(This article belongs to the Special Issue Fostering Sport for a Healthy Life)
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25 pages, 295 KiB  
Article
Project-Based Learning in Social Innovation—Developing a Sense of Belonging in Online Contexts
by Mats Danielson and Ivar Björkman
Educ. Sci. 2025, 15(7), 907; https://doi.org/10.3390/educsci15070907 - 16 Jul 2025
Viewed by 344
Abstract
This study examines how students perceive factors contributing to their sense of belonging (SoB) in an online project-based master’s course in social innovation, incorporating collaboration with external stakeholders and structured around real-world challenges from external partners. SoB has been shown to impact academic [...] Read more.
This study examines how students perceive factors contributing to their sense of belonging (SoB) in an online project-based master’s course in social innovation, incorporating collaboration with external stakeholders and structured around real-world challenges from external partners. SoB has been shown to impact academic outcomes positively, but online teamwork and collaboration outside the institution walls present unique challenges. The study adopts a qualitative approach and an interpretivist standpoint to find meaningful aspects and generate an understanding of positions among the students. Data was gathered through interviews, allowing students to express their unique experiences and perspectives on SoB in the context of a master’s course, with participants from several countries. Thematic analysis of the interview data identified the following seven categories related to students’ perceived belonging: team formation and trust, personal introductions, group continuity, access to teachers, use of informal communication channels, shared tools, and digital fluency. Furthermore, working towards a common challenge or goal seems to promote SoB among team members. The results indicate that SoB was shaped by multiple interrelated factors, with team-based collaboration and structured group dynamics playing a central role. The study contributes to ongoing research on student belonging by identifying specific practices that may support SoB in digitally supported, team-oriented learning environments. Full article
32 pages, 1173 KiB  
Article
Sustainability Orientation Paradox: Do Banks Ensure Strategic Sustainable Development?
by Edgars Sedovs, Iveta Ludviga and Tatjana Volkova
Sustainability 2025, 17(13), 6122; https://doi.org/10.3390/su17136122 - 3 Jul 2025
Viewed by 549
Abstract
In this study, we examine banks’ sustainability orientations (SOs) in the Baltic region, focusing on how institutional, stakeholder, national culture, and leadership factors influence strategic alignment with the Sustainable Development Goals (SDGs). We assess how Baltic banks integrate sustainable development using a bibliometric [...] Read more.
In this study, we examine banks’ sustainability orientations (SOs) in the Baltic region, focusing on how institutional, stakeholder, national culture, and leadership factors influence strategic alignment with the Sustainable Development Goals (SDGs). We assess how Baltic banks integrate sustainable development using a bibliometric review, financial performance analysis, Spearman’s rank correlation, and content analysis of sustainability-related disclosures for 2023, and interpret Hofstede’s cultural dimensions of the Baltic countries alongside these results. Our bibliometric review reveals limited research on SO and SD in banking, with a gradual annual increase of 14.8%. Our content analysis findings suggest that smaller banks are more broadly aligned with the SDGs; however, 36.4% of the largest banks in the region did not have a dedicated sustainability report a year before ESRS and CSRD requirements became mandatory. Notably, the reporting approach shows no statistically significant correlation with assets, size, global/local coverage, or the number of aligned SDGs. Furthermore, our content analysis findings reveal a persistent sustainability paradox: while economic and environmental goals are strategically prioritised, social SDGs are significantly underrepresented. We propose that this reflects a lack of demand for socially sustainable development rooted in regional contexts and national culture, which shape SO and organisational and leadership responses. Full article
(This article belongs to the Section Sustainable Management)
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30 pages, 3905 KiB  
Article
Assessing International Technological Competitiveness in Renewable Energy: An IPC-Based Analysis of Granted Patents
by Soojung Kim and Keuntae Cho
Sustainability 2025, 17(12), 5479; https://doi.org/10.3390/su17125479 - 13 Jun 2025
Cited by 1 | Viewed by 800
Abstract
With climate change mitigation and carbon emission reduction as global priorities, the expansion of renewable energy has become a core strategy globally. The purpose of this study is to identify trends in key renewable energy technologies, such as solar, wind, geothermal, and water [...] Read more.
With climate change mitigation and carbon emission reduction as global priorities, the expansion of renewable energy has become a core strategy globally. The purpose of this study is to identify trends in key renewable energy technologies, such as solar, wind, geothermal, and water technologies, and to compare and evaluate their competitiveness across leading nations. To this end, we performed trend analyses and both patent and technology portfolio assessments employing indicators such as the number of patents granted, claim count ratio, citation ratio, and patent family ratio on 194,485 granted patents collected from 1975 to 2024, according to International Patent Classification (IPC) codes, for the five major energy powers—the United States, European Union, Japan, China, and Korea. Trend analysis revealed a sharp increase in energy-related patents from 2010, with solar technologies accounting for over 60 percent of the total. Patent portfolio results positioned the United States as the Technology Leader, leading in both activity and quality; China stood out for its quantitative expansion and Europe for its qualitative strengths. Technology portfolio findings show that, although core technologies are shared globally, application-level technologies vary by country, reflecting each nation’s industrial base, policy orientation, and technological maturity. This study delineates priority technology domains, identifies optimal R&D collaboration pathways, and recommends policy levers that accelerate commercialization—enabling policymakers and industry stakeholders to allocate resources strategically and construct balanced technology portfolios aligned with global initiatives such as carbon-neutrality targets and the RE100 commitment. Full article
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21 pages, 245 KiB  
Article
Graduate Employability in Africa: Reimagining Rural-Based Entrepreneurial University Paradigm
by Ishmael Obaeko Iwara
Sustainability 2025, 17(10), 4628; https://doi.org/10.3390/su17104628 - 18 May 2025
Viewed by 1371
Abstract
Millions of young Africans earn a variety of qualifications annually, yet the majority return without prospects for employment. This challenge has become a catalyst for inequality, poverty, crime involvement, and international migration. Empirical discourse points to education—such as a pedagogy that is chiefly [...] Read more.
Millions of young Africans earn a variety of qualifications annually, yet the majority return without prospects for employment. This challenge has become a catalyst for inequality, poverty, crime involvement, and international migration. Empirical discourse points to education—such as a pedagogy that is chiefly theory-oriented rather than aligned with a knowledge economy, mismatched skills, and irrelevant qualifications—as constraints that contribute to the unemployment of the continent’s vibrant young graduates. Amidst this surging issue, the call for transformation in higher learning has never been clearer. Focusing on rural landscapes, this case study analysed the contextual employability potential of graduates pursuing an entrepreneurial university trajectory in Africa, illustrating why the paradigm should be implemented. The findings, based on qualitative data collected using a semi-structured questionnaire through one-on-one and remote approaches from stakeholders in universities across five African countries, highlight three dimensions central to this pathway. These include (1) curriculum alignment to advance cutting-edge qualifications and skill development that resonate with industrial demand and local economic priorities; (2) stakeholder embeddings in which universities strive to partner with local organisations and established alumni to provide mentorship, job leads, and referrals; and (3) innovation hubs that offer a variety of entrepreneurial support, real-world experience, and Indigenous entrepreneurship practices, leading to unique new ventures and employment opportunities. Implementing this strategy will enable rural-based universities in Africa to innovate in promoting graduate employability, socioeconomic advancements, and sustainable development, ultimately shaping a brighter future for the continent. Further studies could test the assumptions for broader application using statistical analysis. Full article
(This article belongs to the Section Sustainable Urban and Rural Development)
32 pages, 3198 KiB  
Article
Shaping the Future of Horticulture: Innovative Technologies, Artificial Intelligence, and Robotic Automation Through a Bibliometric Lens
by Maria Magdalena Poenaru, Liviu Florin Manta, Claudia Gherțescu and Alina Georgiana Manta
Horticulturae 2025, 11(5), 449; https://doi.org/10.3390/horticulturae11050449 - 22 Apr 2025
Cited by 1 | Viewed by 2498
Abstract
This study conducts a bibliometric and content analysis based on publications indexed in the Web of Science Core Collection, aiming to map the evolution and key themes in horticultural research in the context of technological innovation and sustainability. The results reveal a strong [...] Read more.
This study conducts a bibliometric and content analysis based on publications indexed in the Web of Science Core Collection, aiming to map the evolution and key themes in horticultural research in the context of technological innovation and sustainability. The results reveal a strong orientation toward digitalization and automation, particularly through the integration of artificial intelligence, mechatronic systems, and sensor-based monitoring in crop management. In the field of biotechnology, keywords such as gene expression, genetic diversity, and micropropagation reflect a sustained research interest in improving crop resilience and disease resistance through genetic and in vitro propagation techniques. Furthermore, concepts such as environmental control, soilless culture, energy efficiency, and co-generation highlight the focus on optimizing growing conditions and integrating renewable energy sources into protected horticultural systems. The geographical distribution of studies highlights increased academic output in countries like India and regions of sub-Saharan Africa, reflecting a global interest in transferring advanced technologies to vulnerable areas. Moreover, collaboration networks are dominated by leading institutions such as Wageningen University, which act as hubs for knowledge diffusion. The findings suggest that future research should prioritize the development of durable, energy-efficient horticultural technologies adapted to various agro-climatic zones. It is recommended that policymakers and stakeholders support interdisciplinary research initiatives, promote knowledge transfer mechanisms, and ensure equitable access to innovation for smallholder farmers and emerging economies. Full article
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24 pages, 349 KiB  
Article
Cybersecurity in Digital Accounting Systems: Challenges and Solutions in the Arab Gulf Region
by Amer Morshed and Laith T. Khrais
J. Risk Financial Manag. 2025, 18(1), 41; https://doi.org/10.3390/jrfm18010041 - 19 Jan 2025
Cited by 8 | Viewed by 4404
Abstract
The region of the Arab Gulf is marching ahead very fast toward digitalization in ways prompted by initiatives, such as Saudi Vision 2030 and the UAE’s strategy for Smart Government. Thus, both underscore the boundless movement toward the inclusion of advanced technologies into [...] Read more.
The region of the Arab Gulf is marching ahead very fast toward digitalization in ways prompted by initiatives, such as Saudi Vision 2030 and the UAE’s strategy for Smart Government. Thus, both underscore the boundless movement toward the inclusion of advanced technologies into accounting practices, such as Business Intelligence and Enterprise Resource Planning systems. While these technologies enhance efficiency and facilitate informed decision-making, they also render financial data vulnerable to cybersecurity threats, such as phishing, ransomware, and insider attacks. This paper investigates the impact of cybersecurity practices, ethical accountability, regulatory frameworks, and emerging technologies on the adoption of and trust in digital accounting systems in the GCC region. A quantitative research approach was followed, wherein the responses from a randomly selected sample of 324 professionals representing the GCC nations were collected. The empirical analysis was completed using Partial Least Squares Structural Equation Modeling. Strong cybersecurity measures, AI-driven threat detection mechanisms, and custom-fit employee training programs facilitate the adoption of and faith in digital accounting information systems considerably. Ethical accountability acts as the partial mediator of those effects, and supportive regulatory frameworks enhance cybersecurity strategy effectiveness. This study examines the development of integrated cybersecurity strategies with respect to technology, ethics, and regulations. It makes several major recommendations, calling for bringing the GCC countries’ regulatory frameworks into line with international standards; encouraging workforce training programs; and utilizing AI-powered technologies for proactive threat detection and management. These findings can arm stakeholders with a holistic pathway toward developing secure, resilient, and future-oriented digital accounting infrastructures across the region. Full article
(This article belongs to the Special Issue Innovations in Accounting Practices)
20 pages, 1329 KiB  
Article
The Effect of Architectural Standards on Energy Consumption in High-Rise Residential Building in Northern Iraq
by Sarko Hassan Sleman and Cemil Atakara
Sustainability 2024, 16(24), 11032; https://doi.org/10.3390/su162411032 - 16 Dec 2024
Viewed by 1634
Abstract
Energy consumption is indeed a significant challenge in many countries. It is important to promote sustainable practices for energy and resource conservation for future generations. Sustainable practices may be developed through architectural standards. Therefore, the aim of this study is to investigate the [...] Read more.
Energy consumption is indeed a significant challenge in many countries. It is important to promote sustainable practices for energy and resource conservation for future generations. Sustainable practices may be developed through architectural standards. Therefore, the aim of this study is to investigate the effects of architectural standards on energy consumption, especially in high-rise residential buildings located in Northern Iraq. To meet our aim, we collected primary data through a survey of five high-rise residential buildings that had different architectural standards located in Northern Iraq. Smart PLS-SEM was used for data analysis to obtain the results of the investigation. Our findings show that all the architecture standards, such as residential building envelope design, residential building system and control, residential building shape and massing, green roof and facade design, ventilation and natural ventilation, orientation and solar gain, and thermal comfort and insulation, have positive impacts on energy consumption, indicating the selected high-rise residential building have not followed the international standard in Iraq and have high energy consumption that is not cost-effective. Moreover, window design has a significant negative impact on energy consumption, indicating low energy consumption due to attractive and international standard window design. This study has significant implications for government, policy makers, architects, engineers, and stakeholders. Full article
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13 pages, 220 KiB  
Article
A Qualitative Insight into Pre-Departure Orientation Training for Aspiring Nepalese Migrant Workers
by Pramod Regmi, Nirmal Aryal, Edwin van Teijlingen, Radheshyam Krishna KC, Manish Gautam and Sanju Maharjan
Trop. Med. Infect. Dis. 2024, 9(7), 150; https://doi.org/10.3390/tropicalmed9070150 - 5 Jul 2024
Cited by 1 | Viewed by 2311
Abstract
Pre-departure orientation training (PDOT) can help equip aspiring migrant workers with skills and knowledge to mitigate vulnerabilities throughout their migration journey, including health. In Nepal, PDOT has been mandatory since 2004 for migrant workers awaiting labour permits. The current PDOT programme includes country-specific [...] Read more.
Pre-departure orientation training (PDOT) can help equip aspiring migrant workers with skills and knowledge to mitigate vulnerabilities throughout their migration journey, including health. In Nepal, PDOT has been mandatory since 2004 for migrant workers awaiting labour permits. The current PDOT programme includes country-specific information as well as health and well-being advice. However, the views of trainees and trainers on PDOT are largely unknown. This qualitative study aims to explore perceptions of migrant workers and relevant stakeholders on the content and delivery of PDOT. Six focus group discussions and six in-depth interviews were conducted with migrants, and eight interviews with key stakeholders were conducted. Thematic analysis resulted in five themes: (a) PDOT structure, accessibility, and implementation; (b) role of stakeholders in labour migration process; (c) coordination and governance; (d) curriculum development and relevance; and (e) capacity of trainers and effectiveness of training. Our findings emphasise the need for a more tailored curriculum with relevant information, education, and communication resources, possibly with input from former migrant workers. Regular updates of training topics and resources, as well as continued engagement with migrants after their employment, are essential for meeting the dynamic demands of the global employment market. Full article
(This article belongs to the Special Issue Contemporary Migrant Health, 2nd Edition)
18 pages, 2176 KiB  
Article
Sustainable Governance for Promotional Market Competitiveness in Chinese Airports after COVID-19
by Yongrok Choi, Siyu Li and Wenying Zhao
Sustainability 2024, 16(11), 4713; https://doi.org/10.3390/su16114713 - 31 May 2024
Cited by 1 | Viewed by 1075
Abstract
Like many countries, China’s airports faced severe operational challenges after the COVID-19 outbreak. However, this predicament has been better mitigated by the Chinese government’s strong support for the aviation industry. However, whether this supportive policy can ensure the sustainable development of the industry [...] Read more.
Like many countries, China’s airports faced severe operational challenges after the COVID-19 outbreak. However, this predicament has been better mitigated by the Chinese government’s strong support for the aviation industry. However, whether this supportive policy can ensure the sustainable development of the industry needs to be further evaluated. In order to better understand the role of government promotional policies, this paper attempts to explore the driving mechanisms behind the sustainable development performance of Chinese airports. Using the bootstrap Data Envelopment Analysis (DEA) methodology, this study evaluates the operational efficiency of 43 major airports over the period from 2015 to 2022. The efficiency scores are compared with the regional distributions of supply and demand factors, as well as the different sizes based on their annual passenger throughput. The overall operational efficiency showed a fluctuating trend of an initial increase followed by a decline due to COVID-19, with significant regional disparities in airport efficiency. Regional differences are evident, with the eastern region having the highest efficiency value of 0.719, while the central region has the lowest efficiency of 0.594. The findings show that airports in the eastern region perform the best due to the proactive market support with rapidly increasing logistics demand, while airports in the west and northeast regions supported by the strong promotional policies follow closely in terms of operational efficiency. In contrast, airports in the central region are much less efficient due to the lack of market or policy support. To analyze more precisely this conflict on the governance, further analyses show that airport size also has a significant impact on the operational efficiency. Larger airports are typically more efficient, while smaller airports are less efficient, implying the market demand is slightly better to promote the airport operational efficiency than the promotional policies. These findings help us to gain a deeper understanding of the mechanism in the sustainable governance behind the operational efficiency of airports and suggest that more market-oriented appropriate policy direction is required to enhance the competitiveness of the aviation industry. These findings offer valuable insights for policymakers and stakeholders of the developing countries as well, underlining the necessity not for supply-driven policies, but for the demand–pull efforts to optimize resource allocation and adapt to evolving market dynamics. Full article
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20 pages, 3010 KiB  
Article
Investigating the Efficiency of Insurance Companies in a Developing Country: A Data Envelopment Analysis Perspective
by Katerina Fotova Čiković, Violeta Cvetkoska and Mila Mitreva
Economies 2024, 12(6), 128; https://doi.org/10.3390/economies12060128 - 22 May 2024
Cited by 2 | Viewed by 2682
Abstract
Insurance companies play a pivotal role in the financial systems of developing countries, wielding substantial influence on systemic financial stability. Thus, understanding their efficiency, performance, and sustainability is paramount for policymakers and stakeholders alike. The aim of this paper is to evaluate the [...] Read more.
Insurance companies play a pivotal role in the financial systems of developing countries, wielding substantial influence on systemic financial stability. Thus, understanding their efficiency, performance, and sustainability is paramount for policymakers and stakeholders alike. The aim of this paper is to evaluate the relative efficiency of insurance companies within the North Macedonian market spanning the years 2018 to 2022. Employing the input-oriented BCC DEA model, the study integrates capital and labour as inputs, while assessing risk-pooling/bearing services and intermediate function as outputs. Our findings underscore the fluctuating efficiency levels within North Macedonia’s insurance sector. Notably, the sector exhibited its peak efficiency in 2018 at 83.62%, dipping to its lowest point of 73.81% in 2020. Moreover, discerning between life and non-life insurers, we observe an average relative efficiency of 0.8067 for non-life insurers, contrasted with a higher average efficiency score of 0.9011 for life insurance companies over the examined period. This study contributes significantly on multiple fronts. Firstly, it pioneers empirical investigation of the efficiency on the North Macedonian insurance market, encompassing pre- and post-COVID efficiency metrics. This fills a notable gap in the literature, particularly within the context of emerging European markets. Secondly, our comprehensive approach facilitates a holistic evaluation of the insurance sector’s performance across a five-year span, offering insights into its overarching dynamics and efficacy. Thirdly, the implications of our findings extend to policymakers, regulators, and insurance company management, aiding in informed decision-making and strategic planning. Full article
(This article belongs to the Special Issue Financial Market Volatility under Uncertainty)
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27 pages, 2394 KiB  
Article
Greening the Workplace: Exploring the Influence of Corporate Sustainability Governance on Corporate Labour Rights in the Case of Indian Listed Companies for the Period of 2010 to 2021
by Akrum Helfaya, Nadeesha Muthuthantrige and Shirley Xu
Sustainability 2024, 16(10), 4004; https://doi.org/10.3390/su16104004 - 10 May 2024
Cited by 3 | Viewed by 2844
Abstract
Amidst today’s globalized economy, embedding sustainable practices into corporate governance frameworks has become important. This era underscores a heightened focus on CSR and sustainability, drawing considerable scholarly and practical interest to the nexus of corporate governance, sustainability initiatives, and corporate labour rights (CLRs). [...] Read more.
Amidst today’s globalized economy, embedding sustainable practices into corporate governance frameworks has become important. This era underscores a heightened focus on CSR and sustainability, drawing considerable scholarly and practical interest to the nexus of corporate governance, sustainability initiatives, and corporate labour rights (CLRs). Hence, this study investigates the relationship between corporate sustainability governance initiatives (CSGIs) and CLR practices in India. Despite regulatory efforts, issues such as modern slavery and low wages persist in the country. Drawing on legitimacy, agency, stakeholder, and resource dependency theories, this study examines how CSGIs influence CLR practices. Data from 1212 observations of top Indian listed companies between 2010 and 2021 indicate positive correlations between CSGI dimensions and CLR practices across industries and board CSR orientations. This research underscores the importance of CSGIs in promoting sustainable corporate practices and improving CLRs in emerging economies. It also aligns with the United Nations sustainable development goals (SDGs), particularly SDG 3, SDG 5, SDG 8, and SDG 10. By combining theoretical rigour with practical relevance, this study provides insights for businesses, policymakers, workers, investors, and CSR scholars, contributing to efforts to enhance CLRs in India and beyond. For instance, the study offers actionable guidance for businesses and policymakers aiming to improve CLR practices. It highlights the positive correlation between specific attributes of CSGIs and CLR practices, providing insights for corporate decision-making and emphasizing the importance of aligning operations with the UN’s sustainable development goals. The findings serve as critical decision-making tools for investors concerned with corporate sustainability governance and CLRs to identify ethically responsible companies and mitigate investment risks. Full article
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