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Sustainable Business Performance on International Entrepreneurship
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Sustainable Business Performance on International Entrepreneurship

A special issue of Sustainability (ISSN 2071-1050). This special issue belongs to the section "Economic and Business Aspects of Sustainability".

Deadline for manuscript submissions: closed (20 August 2023) | Viewed by 8576

Special Issue Editors

Prof. Dr. Panagiotis Liargovas

E-Mail Website
Guest Editor
Department, of Management Science and Technology, University of Peloponnese, Tripoli , Greece
Interests: public policies and sustainability; European economics; sustainable economic growth; sustainable development
Special Issues, Collections and Topics in MDPI journals
Dr. Nikolaos Apostolopoulos

E-Mail Website
Guest Editor
Department of Management Science and Technology, University of Peloponnese, 22100 Tripolis, Greece
Interests: European sustainability; entrepreneurship
Special Issues, Collections and Topics in MDPI journals
Dr. Alexandros Kakouris

E-Mail Website
Guest Editor
Department, of Management Science and Technology University of Peloponnese, Tripoli , Greece
Interests: sustainable entrepreneurship; sustainable innovation solutions; sustainable entrepreneurship education; entrepreneurial learning
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

Sustainability has long been on the agenda for many companies, but their social, environmental and governance activities have been decoupled from core strategies for decades. Most companies still take a fragmented, reactive approach—rolling out ad hoc initiatives to improve their “green” credentials, comply with regulations or deal with emergencies—rather than viewing sustainability as an issue that directly impacts business outcomes.

A growing number of social and environmental issues and challenges have become imperatives for businesses, governments and the international community. A global movement to encourage businesses to pay more attention to their social and environmental impacts has gained momentum in recent years.

Global stakeholders and components, such as governments, NGOs and the international community, have emerged as major forces in the promotion of social responsibility and environmental sustainability. They can provide comprehensive solutions to interrelated issues such as economic, social, environmental and safety-related measures. They can facilitate global dialogue to find common solutions and mobilize new stakeholders to work with businesses, governments and international organizations to address emerging issues and challenges worldwide, and they can create new rules and structures for international cooperation and the legalization of procedures for sustainable development. Universities, as key agents in modern knowledge economies, undertake initiatives for sustainable development either by pursuing the UN SDG goals or by educating young populations toward sustainability. Nonetheless, the impact of such initiatives still remains under researched under the specific guidelines of relevant educational policies—the recent EU GreenComp framework is an example.

We invite papers that seek to address the challenges to sustainable business performance to international entrepreneurship. We particularly welcome papers that focus on the following:

  • How international companies, small and large, can put sustainability at the heart of their business strategy and thus make a difference.
  • Sustainability embedded in business models and products.
  • The effect of sustainable business performance on growth.
  • The role of governments in promoting social responsibility and environmental sustainability.
  • The role of NGOs in promoting social responsibility and environmental sustainability.
  • The role of international community in promoting social responsibility and environmental sustainability.
  • The role of entrepreneurship education in sustainability-embedded models.
  • The role of educational policies (e.g., GreenComp) in sustainable education for the youth.

Prof. Dr. Panagiotis Liargovas
Dr. Nikolaos Apostolopoulos
Dr. Alexandros Kakouris
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Sustainability is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2400 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.

Keywords

  • international entrepreneurship
  • sustainable business
  • social sustainability
  • environmental sustainability
  • sustainable education

Published Papers (5 papers)

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Research

21 pages, 808 KiB  
Article
Just Transition Policies, Power Plant Workers and Green Entrepreneurs in Greece, Cyprus and Bulgaria: Can Education and Retraining Meet the Challenge?
by Nikolaos Apostolopoulos, Alexandros Kakouris, Panagiotis Liargovas, Petar Borisov, Teodor Radev, Sotiris Apostolopoulos, Sofia Daskou and Eleni Ε. Anastasopoulou
Sustainability 2023, 15(23), 16307; https://doi.org/10.3390/su152316307 - 25 Nov 2023
Cited by 1 | Viewed by 1188
Abstract
This study seeks to shed light on the changes currently occurring in Greece, Cyprus and Bulgaria on the energy transition process by examining the relevant consequences for power plant workers in the green energy market. The main aim of this paper is to [...] Read more.
This study seeks to shed light on the changes currently occurring in Greece, Cyprus and Bulgaria on the energy transition process by examining the relevant consequences for power plant workers in the green energy market. The main aim of this paper is to explore the impacts of the implemented policies on the labour force of electricity generation stations and to identify learning needs for new skills and competences. Thus, it explores the possibility to achieve a just transition by employing workers from the high-carbon energy sector to the renewable energy sector. Qualitative research was carried out to explore the views and expectancies of the above-mentioned people as well as to trace the perceptions of the stakeholders of the green energy industry. A total of 30 semi-structured interviews were conducted in the previously mentioned three countries, which also investigated relevant training and upskilling programmes. The findings revealed various types of educational needs and techniques that can be applied by training providers in accordance to the power plant worker’s views as well as the disciplines and specialities of the workforce that are suitable to receive the further fit for attending such programmes. Workers in Greece and Cyprus appeared more optimistic for this possibility compared to Bulgarian workers. Green entrepreneurs were also optimistic but worried for the rate of investments in the green sector. The current findings describe the backdrop that challenges future retraining programmes with regard to achieving just transition policies for this workforce. Full article
(This article belongs to the Special Issue Sustainable Business Performance on International Entrepreneurship)
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25 pages, 1470 KiB  
Article
Sustainability Reporting: Examining the Community Impact of the S&P500 Companies
by Victoria Pistikou, Floros Flouros, Georgios A. Deirmentzoglou and Konstantina K. Agoraki
Sustainability 2023, 15(18), 13681; https://doi.org/10.3390/su151813681 - 13 Sep 2023
Cited by 1 | Viewed by 2180
Abstract
In recent decades, sustainability reporting has received increasing business and academic attention. However, the management literature is limited regarding recent trends in the issues disclosed in these reports. In this era of multiple socio-economic crises (e.g., the global energy crisis, the Russo–Ukrainian war, [...] Read more.
In recent decades, sustainability reporting has received increasing business and academic attention. However, the management literature is limited regarding recent trends in the issues disclosed in these reports. In this era of multiple socio-economic crises (e.g., the global energy crisis, the Russo–Ukrainian war, and the COVID-19 pandemic), large companies have an even greater responsibility to the communities in which they operate. Given the above, the aim of this study was to examine recent sustainability reports and identify issues related to community impact. Specifically, the sustainability reports of S&P500 companies were analyzed using the Structural Topic Model in R. The results showed that the most common topics in sustainability disclosures related to community impact were “donations” and “STEM education”. Although “donations” as a topic was expected, “STEM education” emerged to highlight the importance of technology in today’s business world. These findings have important managerial and theoretical implications for sustainability reporting. Full article
(This article belongs to the Special Issue Sustainable Business Performance on International Entrepreneurship)
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30 pages, 911 KiB  
Article
Peer-to-Peer Lending as a Determinant of Federal Housing Administration-Insured Mortgages to Meet Sustainable Development Goals
by Evangelia Avgeri, Maria Psillaki and Evanthia Zervoudi
Sustainability 2023, 15(18), 13618; https://doi.org/10.3390/su151813618 - 12 Sep 2023
Viewed by 814
Abstract
In this paper, we investigate the influential factors of Federal Housing Administration (FHA) mortgage loans, focusing our research interest on peer-to-peer (P2P) lending, the most successful FinTech lending model. We consider P2P lending an alternative source of financing that marginal borrowers use to [...] Read more.
In this paper, we investigate the influential factors of Federal Housing Administration (FHA) mortgage loans, focusing our research interest on peer-to-peer (P2P) lending, the most successful FinTech lending model. We consider P2P lending an alternative source of financing that marginal borrowers use to pay the increased mortgage down payment, making them eligible to receive a mortgage from conventional banks. In other words, we examine whether and to what extent P2P lending has a positive impact on the FHA loans volume by providing the ability to circumvent the loan-to-value (LTV) cap policy. As a result, P2P lending can be seen as a means for ”rationed” borrowers to have access to the market by reducing inequalities and promoting financial inclusion, thus achieving Sustainable Development Goals (SDGs). We employ hand-collected data from FHA mortgages, P2P loans, and other economic factors from all 50 U.S. states during 2007–2017 and use panel data techniques for this purpose. Research shows that P2P lending, GDP per capita, population growth, broad money growth rate, interest rate, unemployment rate, new housing units, and consumer confidence Index produce effects on FHA loans. We show that P2P lending, a nonconventional determinant, is causally associated with a significant increase in the count and volume of FHA loans, implying that P2P lending has a positive impact on them. The ability of P2P to bypass mortgage supply constraints (tightened LTV caps) by providing small loans to borrowers to meet the increased down payment requirements is very important to policy-makers, as it shows that constraining the volume of mortgage loans may be not achieved. Macroprudential tools designed to control credit growth may prove ineffective, as the use of alternative forms of lending helps circumvent them and ultimately leads to excessive household leverage with all the risks that it poses to the financial system. Full article
(This article belongs to the Special Issue Sustainable Business Performance on International Entrepreneurship)
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21 pages, 1292 KiB  
Article
Intrapreneurial Capabilities: Multidimensional Construction and Measurement Index Validation
by Fang Yuan, Shuxiang Wang and Jianjun Sun
Sustainability 2023, 15(13), 10561; https://doi.org/10.3390/su151310561 - 4 Jul 2023
Viewed by 1056
Abstract
In the era of knowledge innovation, this study addresses the new requirements for constructing enterprise intrapreneurial capabilities by examining existing theoretical research, using grounded theory to analyze sample data, and developing a measurement system for intrapreneurial capabilities. The results indicate that intrapreneurial capabilities [...] Read more.
In the era of knowledge innovation, this study addresses the new requirements for constructing enterprise intrapreneurial capabilities by examining existing theoretical research, using grounded theory to analyze sample data, and developing a measurement system for intrapreneurial capabilities. The results indicate that intrapreneurial capabilities are a concept model consisting of five categories: innovation, risk-taking, proactivity, resource management, and network construction. Utilizing structural equation verification, the study establishes an optimal second-order, five-factor measurement model for intrapreneurial capabilities, ultimately providing valuable insights for path selection and management in enterprise re-entrepreneurship. Full article
(This article belongs to the Special Issue Sustainable Business Performance on International Entrepreneurship)
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23 pages, 606 KiB  
Article
What Keeps Social Entrepreneurs Happy? Exploring Personality, Work Design, External Support, and Social Impact as Resources of Social Entrepreneurs’ Mental Well-Being
by Philipp Kruse, Eleanor Meda Chipeta and Imke Ueberschär
Sustainability 2023, 15(5), 4109; https://doi.org/10.3390/su15054109 - 24 Feb 2023
Cited by 2 | Viewed by 2323
Abstract
Social entrepreneurship (SE) is a new form of entrepreneurship dedicated to the creation of social value for its beneficiaries, either as a for-profit or not-for-profit enterprise. While, over the years, research has yielded notable insights regarding, e.g., social entrepreneurial nascence and motivations or [...] Read more.
Social entrepreneurship (SE) is a new form of entrepreneurship dedicated to the creation of social value for its beneficiaries, either as a for-profit or not-for-profit enterprise. While, over the years, research has yielded notable insights regarding, e.g., social entrepreneurial nascence and motivations or contextual factors (dis-)favoring SE activity, not much is known about the resources social entrepreneurs have to maintain their mental well-being (MWB), which is essential for successfully accomplishing their social missions. The current study takes a psychological view, identifies four resource clusters (personality, work design, external support, and provision of social impact), and integrates these to empirically explore their predictive values for job-specific and general MWB. Building on a representative sample of South African social entrepreneurs from Gauteng and Limpopo Provinces, we apply structural equation modeling and find positive effects on social entrepreneur’s MWB in all resource clusters. Moreover, comparing for-profit and not-for profit social entrepreneurs yields differences in the levels and mechanisms of their MWB resources. Despite notable limitations, such as using cross-sectional data and a limited sample generalizability, our work offers the first framework shedding light on social entrepreneurs’ MWB-resources that can serve as a basis for future research and help SE-support programs to sustainably promote social entrepreneurs’ MWB. Full article
(This article belongs to the Special Issue Sustainable Business Performance on International Entrepreneurship)
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