• Title/Summary/Keyword: Sustainable Social Capital

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How do nuclear energy and stringent environmental policies contribute to achieving sustainable development targets?

  • ShiYong Zheng;Hua Liu;Weili Guan;Biqing Li;Sana Ullah
    • Nuclear Engineering and Technology
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    • v.56 no.10
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    • pp.3983-3992
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    • 2024
  • In order to achieve sustainable development that balances economic growth, environmental protection, and social well-being and ensures a sustainable future, strict environmental regulations and sustainable nuclear energy production may play a vital role. Empirical works are insufficient when measuring the effects of strict environmental policies and nuclear energy production on sustainable development. This research aims to close this gap by examining how environmental policy stringency and nuclear energy production contribute to sustainable development in the top 17 nuclear energy-generating countries between 1995 and 2021. The research uses the linear and nonlinear CS-ARDL and PMG-ARDL models to achieve this goal. The linear model suggests that environmental policy stringency and nuclear energy production contribute to long-term sustainable development. In the nonlinear model, a positive change in environmental policy stringency and nuclear energy production causes long-run sustainable development to grow, while a negative change in environmental policy stringency and nuclear energy production hinders long-run sustainable development. Furthermore, environmental technologies, human capital, financial development, trade liberalization, and research and development expenditures are crucial for fostering long-run sustainable development. In contrast, the natural resource rents hurt sustainable development. These findings suggest that policymakers should consider combining strict environmental regulations and nuclear energy in devising policies for sustainable development.

The Impact of Social Responsibility Management Certification on Venture Company's Formation of Organizational Trust (사회적책임경영(CSR) 인증이 벤처기업의 조직신뢰 형성에 미치는 영향)

  • Yoon, Heon-Deok;Sung, Jong-Su
    • Journal of Korean Society for Quality Management
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    • v.40 no.2
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    • pp.126-144
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    • 2012
  • Lately, the importance of social responsibility of venture companies is becoming highlighted in Korea.This study is to empirically suggest that the practice of social responsibility by venture companies will become the foundation for formation of the organizational trust and for the sustainable growth of the organization. The certification on social responsibility for venture companies has been conducted for past five year and based on the research on difference of organizational validity on companies that are certified and non-certified by its practice of social responsibility, we've found organizational trust difference in two groups; the companies that already formed organizational trust did not have new mediation effect due to organizational commitment but the non-certified companies that did not have organization trust created new medication effect from organizational commitment. This can be understood that the organizational commitment effect through social responsibility is already formed for companies that have created organizational trust through social responsibility certification. The organizational infrastructure is needed for sustainable growth and development of an organization; therefore, the differentiated organizational trust for social responsibility certified organization will become the infrastructure for growth of the certified organizations.

Conceptual Principles of the Transformation of Industrial Parks into Eco-Industrial Ones in the Conditions of Sustainable Development

  • Shevchuk, Nataliia;Tulchynska, Svitlana;Severyn-Mrachkovska, Liudmyla;Pidlisna, Olena;Kryshtopa, Iryna
    • International Journal of Computer Science & Network Security
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    • v.21 no.12
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    • pp.349-355
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    • 2021
  • The article investigates the conceptual principles of transformation of industrial parks into eco-industrial ones in the conditions of sustainable development. It is substantiated that the concept of sustainable development in the transformation of industrial parks is to grow industry and jobs, modernize production and introduce innovative technologies, resource and energy efficiency, reduce greenhouse gas emissions and waste storage, social protection of local communities and create favorable infrastructure. It is determined that for the transformation of industrial parks, it is necessary to improve regulatory changes, introduce criteria for compliance of industrial parks and the importance of their consideration, ensure park management by the management company and create favorable incentives for industrial entry into industrial symbiosis. It is proved that industrial parks can be an incentive for industrial development and competitiveness of enterprises. The availability of talented human capital, attractive territories, minerals, energy and mineral resources, developed domestic market, agricultural potential, transport networks is becoming an attractive place for investment and development. Industrial parks need investment. Transformation into eco-industrial parks through the implementation of sustainable development goals opens additional opportunities for access to investment funds and contributes to the implementation of growth and prosperity strategies of the country.

Consumers' Value-in-Behavior and Practice of Pro-social Consumption: Focused on Moderating Effect of Social Capital (친사회적 소비에 대한 소비자의 행동적 가치인식과 실천행동: 사회적 자본의 조절효과를 중심으로)

  • Hwang, Hyesun
    • The Journal of the Korea Contents Association
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    • v.19 no.9
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    • pp.162-180
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    • 2019
  • This study examined the effects of value-in-behavior toward pro-social consumption behavior on consumers' pro-social practices and the moderating effects of consumer's social capital based on trust and reciprocity that enhances collective actions to seek socially common values. The result showed that the value-in-behavior toward pro-social consumption was positive in general, and altruistic value was the highest, followed by emotional value, social value, and functional value. The pro-social behaviors of age groups were significantly different. In all pro-social behaviors, the older group was more active, except for the rejection of the unfair business. The result also showed that the functional value and emotional value have significant effects on consumer's pro-social practices. The interaction effects between trust and emotional value and between reciprocity and functional value were significant. Based on these results, the theoretical and practical implications for facilitating the transition to the direction of consumer's role in making positive social impacts.

Social Sustainability in Urban Areas: Urban Innovation and Just Cities

  • Yoonhee Jung
    • Asian Journal of Innovation and Policy
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    • v.12 no.2
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    • pp.229-245
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    • 2023
  • This paper reviews the literature on urban sustainability with the objective of drawing more attention to the social aspect of sustainability in urban planning. Given that social capital is a crucial component of moving towards more progressive smart cities and urban innovation, it is important to investigate the social dimension of sustainability and the opportunities that just cities can bring to improve the quality of life for urban dwellers. This paper is divided into three sections. The initial section provides an introduction to urban sustainability, discussing the historical roots of sustainability and sustainable development ideas, the three fundamental elements of sustainability, and the process of defining and measuring sustainability in an urban setting. Moving on to the second section, it delves into the body of work related to linking urban sustainability with urban strategies. The third section finally addresses the emergence of literature on just sustainability and just cities, which can give valuable insights to city policymakers who are trying to improve balanced sustainability.

The Status and Development Trend of Nature Reserves in Heilongjiang Province, Northeastern China

  • Piao, Xi-Wan;Hong, Sun-Kee
    • The Korean Journal of Ecology
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    • v.23 no.4
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    • pp.339-345
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    • 2000
  • Heilongjiang Province has set up 104 nature reserves, with a total area of 2,641,700 ha, or 5.88% of the total area of the province. These constitute a network of nature reserves comprising most important types of nature reserves. and play an active role for improving the protection of the ecological environment and for the continuous economic and social development of the province. But in the management of these nature reserves, there are still some problems with people's idea, with educating the public, and with capital investment. These problems should be treated seriously. To preserve our natural heritage and biodiversity and to promote the sustainable development of our society and economy, it is projected that by the year 2000. the number of nature reserves in Heilongjiang is to reach 109, covering 6.17% of the total land area of the province. This percentage will be further increased to 8.62% by 2010, at which time the network of nature reserves is to have a proper distribution and comprehend all the important types of nature reserves. This will ensure the healthy development of the cause of nature conservation. with systematic planning, active protection. and sustainable use, so that ecological and social benefits can be developed hand in hand with economic benefits.

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Customer Participation Driven Sustainable Business Ecosystems (고객참여 기반의 지속가능한 비즈니스 생태계 조성)

  • Joo, Jae-Hun;Shin, Matthew Min-Suk
    • Journal of Distribution Science
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    • v.12 no.12
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    • pp.83-92
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    • 2014
  • Purpose - A business ecosystem refers to mutually dependent systems interconnected by a loose foundation of various ecosystem members such as customers, suppliers, partners, and other stakeholders. The ecosystem-based strategy attempts to achieve competitive advantage for firms by enriching a business ecosystem or building a sustainable business ecosystem through the collaboration and co-evolution of its members. A sustainable business ecosystem is a source of competitiveness for firms anda manageable resource for gaining a competitive advantage. Customers represent the core membership of the business ecosystem and play a pivotal role in building a sustainable business ecosystem. This study examines the effects of customer participation on economic and social value in the business ecosystem and suggests a course of action for building a sustainable business ecosystem. Research design, data, and methodology - Two business cases of South Korea are selected from two different business types: business-to-business (B2B) and business-to-customer (B2C) firms. Business ecosystems for B2B and B2C firms reflect contrasting characteristics. Data was collected from in-depth interviews with four representatives of four firms. Results - The study suggested seven propositions for the relationships between customer participation and a sustainable business ecosystem through multiple case studies based on in-depth interviews. The results reveal the following four strategic actions for building sustainable business ecosystems based on the suggested propositions: alignment, systemization, socialization, and co-evolution. Alignment refers to achieving a harmonic balance or virtuous circle among the firm's mission, investment, and value creation. Systemization refers to building and implementing management and infrastructure systems rooted in the corporate culture. Socialization of customers in the business ecosystem reinforces the harmony or virtuous cycle. Finally, co-evolution is associated with the relationship between firms and customers as buyer firms in a restricted business ecosystem. Conclusions - This study considers multiple cases for the execution of a sustainable business ecosystem in collaboration with customers and suggests seven propositions and four strategic actions. The results are based on qualitative data from interviews with business associates from two firms in an open business ecosystem and two firms in a restricted business ecosystem, both in South Korea. Our research results regarding two contrasting business ecosystems shed light on business issues and policy making in Asian business environments, which are in the transition stages from a traditional conglomerate-driven to an inclusive growth-driven economy. The business ecosystem itself should be considered a manageable resource for firms' competitive positions in the market. A customer is a member of the business ecosystem and should thus be viewed not only as a purchasing entity and an object of relationship management but also as a co-creator of value. Therefore, firms should collaborate with customers to build sustainable business ecosystems. For this, firms must create social value, which cannot be created by customers alone, within the business ecosystem. Then, customers participate in a business ecosystem and build it to be favorable to them. Implications for academics and practitioners were suggested.

The Role of Housing Cooperatives in the Process of Neighborhood Regeneration (도시 빈민 주거지 재생에서 주택협동조합의 역할에 관한 연구)

  • Kim, Ran-Soo
    • The Journal of the Korea Contents Association
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    • v.14 no.6
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    • pp.417-427
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    • 2014
  • This study was investigated on the basis of the role of housing cooperatives in sustainable regional business networks(SLEN) in regeneration of residential aged area where the urban poor live. For the analysis, input elements of human capital, social capital, financial capital and ecological capital were examine. For the process, the organization's structure, sustainable business and social networks, and for the result, the stability and community characteristics of the living and the payment possibility of housing construction cost were examined. Through this study, what kinds of issues can be from the housing coop's project in terms of sustainability, and what is the most important factor in order to overcome former mentioned issues were intended to find. For analysis literatures were reviewed and the in-depth interviews and survey were conducted with site visits. The result of this study finds that housing coop have community characteristics through active participation of residents during the regeneration process but the land, as financial and ecological capitals, and housing construction funds were poor. This was investigated that it makes groundless the sustainability of the project and the possibility of the payment. In order to overcome, land concession, inexpensive lental and active funning for housing construction to housing coop is required because housing coop is aiming to supply of social housing for low-income and vulnerable groups.

The Effects of ESG Performance on the Relationship between Tax Risk and Cost of Capital: An Empirical Analysis of Korean Multinational Corporations

  • Jeong-Yeon Kang;Im-Hyeon Kim
    • Journal of Korea Trade
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    • v.27 no.1
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    • pp.1-18
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    • 2023
  • Purpose - Using a sample of Korean multinational corporations, we examine whether the relationship between tax risk and the implied cost of capital discriminates between the environmental, social, and corporate governance (ESG) of highly rated firms. Design/methodology - Firms with high tax risks have an increased uncertainty of future cash flows. Therefore, as the volatility of future cash flow increases, information asymmetry and the required return increases. Highly rated ESG firms can reduce information asymmetry, thereby weakening the positive relationship between tax risk and cost of capital. We employ the standard deviation of the cash effective tax rate as proxy of tax risk. We utilize the ESG rating data of the Korea Corporate Governance Service (KCGS). We use a PEG model, MPEG model, and GM model to measure the implied cost of capital. Findings - We find a positive association between the implied cost of capital and tax risk. The positive relationship between tax risk and the implied cost of capital weakens in highly rated ESG firms. Highly rated ESG firms prefer a stable tax position to invest after-tax cash flows into sustainable management. Therefore, the negative effects of tax risk on cost of capital can be reduced. Originality/value - This study provides empirical evidence that ESG activities can mitigate the negative impact of tax risk on the cost of capital for Korean multinational corporations. In a business environment where ESG activities are more important, the empirical results that ESG activities can reduce the corporate risk of Korean FDI companies are expected to provide implications for the ESG activities of multinational corporations.

Computations of Forest Road Density considering for Forest Terrain and Characteristics (산지 지형 및 특성을 고려한 임도밀도 산정)

  • Jung, Do Hyun;Cha, Du Song;Park, Chong Min;Lee, Joon Woo;Ji, Byoung Yun;Chun, Kwon Suk;Kim, Jong Yoon
    • Journal of Korean Society of Forest Science
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    • v.94 no.3 s.160
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    • pp.168-177
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    • 2005
  • To provide the basic policy informations for environment-friendly and economical construction of green forest road, forest road density considering for the forest terrain and characteristics was computed. As results, designing the effective forest management and protection, standard forest road density as a social overhead capital (SOC) concept was computed to 8.57 m/ha. Considering as based facilities for forest management, we also optimal forest road density for preparing the sustainable forest management system was computed to 14.01 m/ha.