The concept of sustainability reporting has been addressed by experts worldwide and is defined as the process of communicating the social and environmental effects of the economic actions of organizations to special interest groups within society in general. The main purpose of this research was to identify and analyze the opinions of the real benefits obtained by large companies in Romania following the elaboration of sustainability reports and their contribution to the development of a sustainable economy. A quantitative marketing research was carried out on the sample randomly extracted from a target community of the largest 5750 companies across 35 counties that were active in strategic priority areas of Romania. Both explicitly and implicitly, the research resulted in essential aspects related to the correlation of the sustainability strategy with sustainability reporting, how sustainable development goals contribute to improving all of the processes included in the integrated company management system, how the internal and external benefits can contribute to increasing economic, social, and environmental performance, and building sustainable relationships with shareholders, employees, and stakeholders. In addition, the findings show that aligning a sustainability strategy with a global business strategy and including sustainability reporting requirements (non-financial) are important concerns at the level of the top companies in Romania.
Due to environmental considerations, environmental sustainability has become the main target of contemporary organizations, which has a direct influence on increasing their performance. The purpose of this study was to present the efficiency of green business process optimization for the performances of mining entities. Quantitative research was carried out on a sample of 209 people in an economic entity in the mining industry. The results of the study indicated real possibilities to achieve the objectives set in the research undertaken. Using business process management, the authors examined how green business processes can be optimized in a Romanian mining entity. The main results determined the degree of pollution from suspended and sedimentary dust particles due to coal production from the mining entity that was studied. Moreover, the present research proved that certain key environmental indicators underlie the performance and optimization of green business processes. The practical implications of this study are to respect and continually improve the management of the processes of activities, to reduce the costs of depollution and increase the performances.
In the recent years, Nigeria has recorded an economic growth but with a trajectory which offers both positive and negative lessons regarding the innovation of business faced by many countries in Africa and elsewhere in the developing world. This study sought to test the relationship between innovation, the financial performance of company and firm's competitive advantage. This was done through correlation and regression analysis. Data were analyzed using descriptive and inferential statistics. Hypotheses were tested at 0.05 significant levels with the aid of parametric student t-test. The results revealed that there is a positive relationship innovation and the financial performance of company. A clear lesson from this study is that the future must include promoting innovation and entrepreneurship; in other words, business competitiveness depends on the creativity and innovativeness of its entrepreneurship.
The new volatile, uncertain, complex and ambiguous economic context generates the evolution of a global, integrated, and permanently connected world, in which territoriality and temporality have almost disappeared. Fluctuations and changes in economic power poles, past financial crises, but also signs of new recession periods, rising capital, multiplying variables, and cause-effect factors outline the current economic environment. Simultaneity and interconnection of Industrial Revolution 4.0, Globalization 4.0, Artificial Intelligence, Internet of Things, Data Revolution, and Digital Enterprise have determined the emergence of new concepts such as: Digital Ecosystems, Cyber counting, Cybersecurity, Platform Architecture for Financial, Digital Interface, concepts directly related to business performance in the new economic environment: Digital Economy.
During the last period, information and communication systems became an essential component of our society that, at its turn, became more and more dependent on these infrastructures. At the same time, these systems are undergoing a convergence and interconnection process which, besides its benefits come to raise specific threats to their users' interests. Due to the high level of interconnectivity, it is essential that all members of the cyber community to be aware of their responsibilities in information security. Rising awareness is the first step towards a more trustful and credible communication information environment that is a pre-requisite of the information society. This chapter demonstrates, on the one hand, how Romanian organizations are able to optimize their information security risk in order to streamline their activities and, on the other hand, how security mechanisms have to be properly designed and commensurate with the specific threats for the specific types of information.
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