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Inclusive Brand Activism. Driving Social Change Beyond Woke Washing
In today's economic and social environment, characterized by phenomena ranging from globalization to digitization, intensifying conflicts, and post-pandemic behavior, the role of companies extends far beyond offering products or services. Consumers now expect businesses to take social responsibility by actively promoting change and adopting clear ethical positions. This phenomenon, known as brand ...
Embracing Expert Approaches in Modern Credit Rating Modelling
A bank's ability to create value for its stakeholders depends on its proficiency in accurately assessing the reliability of its current and potential clients. This assessment is conducted through rating models, which make it possible to measure customers' probability of default and the risk level of the investment projects for which they seek financing. Such models are essential tools for deciding ...
Microfinance: A New Sustainable Asset Class on the Horizon?
The dual objective of microfinance – expanding financial services to marginalized communities while generating sustainable returns for investors – creates a unique intersection between social impact and financial resilience (Mustafa et al., 2018). Furthermore, numerous studies (Banna et al., 2022; Dowl, 2018) position microfinance as a pioneering element in the fintech industry (Ashta and Hermann, ...
The European Commission's ComPAct: Bringing Innovation to EU Public Administrations
The communication “Enhancing the European Administrative Space,” also known as “ComPAct,”[1] was adopted by the European Commission on October 25, 2023. It is innovative in that, for the first time, the Commission proposes a comprehensive set of actions in support of administrative modernization and cooperation in and between Member States at all levels (national, regional and local). The ...
A Forward-Looking Vision. Rethinking HR Strategies and Public Employee Roles
People are an organization's most adaptable asset, embodying a diverse set of skills, roles, expectations, and motivations that evolve over time. The organization can choose to be a passive bystander to this change, or it can play an active role by facilitating and managing change: in the former case, organizations that are slow to respond to contextual demands risk being unprepared for crises and ...
A New Challenge for All. Protecting the Ocean for a Sustainable Planet
The health of the ocean is in critical condition, and it is deteriorating at a rate and in ways scientists say are unprecedented in the history of our planet. Huge amounts of plastics and chemicals are dumped into the environment every year in all parts of the world. Overexploitation of fish stocks has pushed fisheries of several species beyond the threshold of sustainability, with serious implications ...
Beyond Awareness. Calling Companies to Action
Despite their importance, marine ecosystems have continued to degrade at an accelerating rate in recent decades. This deterioration underscores the urgent need for radical action to relieve the pressure on our "blue lungs." Based on the findings of the recently published study, Business for Ocean Sustainability, Third Edition: Seizing the Blue Opportunity (One Ocean Foundation et al., 2023), ...
A Journal with an Impact
One of the priority issues facing the different management disciplines today is the critical question of research impact. We are confronted with the question of how to translate the immense potential of knowledge produced by the scientific community into management practices that are useful for transforming organizations and their processes to create value and generate welfare for society. In ...
Capital Markets. A Key Asset for Growth
The power of numbers at a glance The coming months will be crucial for thinking about how to shape the European Single Market and how to make the European Union competitive with other economies. The values at stake, compared to the size of the United States on the one hand and China on the other, would be enough to justify the reasons for accelerating the path of political integration. This ...
A Learning Orientation to Improve Impact Across Sectors
‘If you want truly to understand something, try to change it.’ Kurt Lewin Over the past two decades, there has been a significant global focus on improving the impact of research on practice. Governments, research funders, academics, practitioners, and businesses all perceive value in enabling a stronger connection between research and practice to improve practical outcomes (Haley, 2021). For ...