Economic Sustainability of Products and Processes

Manca, Davide

doi:10.1016/b978-0-444-63472-6.00025-2

Cited by 7 publications

(5 citation statements)

References 30 publications

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“…There are various aspects of sustainability including the popular social and environmental concerns, however, they are all traced backed to the economic aspect which sustain and stabilizes the other aspects (Manca 2015). Economic sustainability refers to the generation of income for the members of society without exploiting the capital and resources which in turn generated circular effect and stabilizes the economy (Chelan et al 2018;Spangenberg 2005;Pires et al 2017).…”

Section: Social: Economic Sustainabilitymentioning

confidence: 99%

“…• CSR investments • waste reduction to reduce material cost • resource preservation • reuse of resources • life cycle improvement Fig. 1 Sustainability framework for resilience upgrading (Jia et al 2018;Marchi et al 2013) to value addition, GDP contribution, environmental protection, ethical investments, resource conservation, resource reuse, resource recycling and waste reduction (Zhong and Wu 2015;Manca 2015). A group of researchers also emphasizes on taking economic sustainability as economic feasibility assessment of the sustainability initiatives in any of the environmental or social dimensions which create a balance between organizational interests and sustainable responsibilities (Lovarelli et al 2020).…”

Section: Economic Sustainabilitymentioning

confidence: 99%

“…with the indicators of sustainability assessment. In the light of the current crisis, the major constructs of economic sustainability in this study are CSR investments, waste reduction to reduce material cost, resource preservation, reuse of resources and life cycle improvement (Zhong and Wu 2015;Manca 2015;Kibert 2016;Jia et al 2018;Yazan et al 2017;Azapagic and Perdan 2000) (see Fig. 1).…”

Section: Economic Sustainabilitymentioning

confidence: 99%

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Organizational resilience and social-economic sustainability: COVID-19 perspective

Shankar

Rai

Singh

2021

Environ Dev Sustain

156

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has affected the global economy like no other crisis in the history of mankind. It forced worldwide lockdown and economic shutdown to the point from where the recovery process has been very difficult. It has affected demand, supply, production and consumption in such a way that the entire economic development cycle has gone to its lowest levels. COVID-19 has also affected the social and economic sustainability structure which has led from one crisis to another and the developing countries have been the worst hit. Economic crisis resulted in unemployment leading to labour migrations, inevitable casualties and rising poverty etc. However, at a certain level, a few industries and organizations have shown resilience with better anticipation and survivability which may lead them to a quicker recovery. The current study aims at presenting a holistic view of organizational resilience which leads to the overall sustainable development. The study considers three aspects of organizational resilience as crisis anticipation, organizational robustness and recoverability. It assesses the impact of the aspects of resilience on social sustainability and economic sustainability. The study uses empirical analysis of primary data which is analysed to verify the hypothesized relationships by using a structural equation modelling approach. The study finds out that predicting the crisis and disruptions, building robustness and recoverability have a positive effect on both the social and economic aspects of sustainability. Findings of the study have their practical implications for industry, researchers and society.

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Section: Social: Economic Sustainabilitymentioning

confidence: 99%

Section: Economic Sustainabilitymentioning

confidence: 99%

Section: Economic Sustainabilitymentioning

confidence: 99%

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Organizational resilience and social-economic sustainability: COVID-19 perspective

Shankar

Rai

Singh

2021

Environ Dev Sustain

156

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“…Nonetheless, over the course of time, this balance has shifted toward the economic understanding of this term (Millington et al ., 2022). Therefore, the economic aspect of sustainability maintains and stabilizes its other aspects (i.e., social and environmental aspects) (Manca, 2015). Considering this issue, the main focus of this study was the economic sustainability of football clubs.…”

Section: Theoretical Backgroundmentioning

confidence: 99%

Economic sustainability: a solution to the financial problems of football clubs

Atghia,

Nazarian

2023

SBM

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PurposeFinancial problems of football clubs during economic crises (such as COVID-19 pandemic) highlight the necessity of achieving economic sustainability. In addition, the economic sustainability of football clubs is accepted as a principle of the development of sports business. Therefore, it is reasonable to conduct a study with the aim of examining economic sustainability in the field of sports club management.Design/methodology/approachThe present study adopted a qualitative approach to research and used semi-structured interviews in order to develop a framework for the economic sustainability of football clubs. A total of 13 members of football clubs in the Iranian premier league participated in this study.FindingsThe findings highlighted the fact that a number of factors, including media and social networks, entrepreneurship and development of club business, commercialization of the club, privatization, investment and ownership, strategic communication plan, financial management and management instability, promoted the economic sustainability of football clubs and improved their financial performance.Originality/valueThis study highlighted the importance of the changes in the structure of football clubs and the strategic plans for promoting entrepreneurship and commercialization. Moreover, it underlined the major role of the environmental and management components of football clubs in their financial sustainability.

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“…Therefore, organisations must manage various social and environmental issues to ensure the next generations' future while securing the organisation's survival, which is connected to its performance (Mani et al, 2016). As well described in the literature, social and environmental aspects are deeply rooted in the economic aspect of organisational sustainability (Manca, 2015). Some scholars disagree with this attitude towards organisational sustainability, considering it a complex issue that "requires a holistic perspective to balance the sustainability, i.e., the economic, environmental, social and time dimensions" (Lozano & Barreiro-Gen, 2021).…”

Section: Literature Reviewmentioning

confidence: 99%

IT reliability as a source of sustainability for organisations operating during the COVID-19 pandemic

Tworek

2023

Engineering Management in Production and Services

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The article aims to show that reliable IT support was crucial for the survival and sustainability of organisations during the COVID-19 pandemic. The article considers the negative effect of the crisis caused by the COVID-19 pandemic on the organisational sustainability of an organisation (i.e., organisational performance through employee job performance). It explores the role of IT reliability in mitigating such a negative effect. To verify the hypotheses, the empirical studies were performed during the COVID-19 crisis with 1160 organisations operating in Poland, Italy and the USA. The data were analysed using multiple linear regression models with mediators and moderators. The results confirmed that due to the ability to limit the severity of a crisis-induced negative effect on employee job performance (influencing organisational performance), IT reliability could be considered a mitigator for the negative effect of the COVID-19 crisis on the sustainability of organisations. The results indicate that IT reliability should be fostered among organisations operating during the COVID-19 pandemic to maintain sustainability.

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Economic Sustainability of Products and Processes

Cited by 7 publications

References 30 publications

Organizational resilience and social-economic sustainability: COVID-19 perspective

Organizational resilience and social-economic sustainability: COVID-19 perspective

Economic sustainability: a solution to the financial problems of football clubs

IT reliability as a source of sustainability for organisations operating during the COVID-19 pandemic

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