Ecoforum Journal (University of Suceava, Romania)
Not a member yet
2360 research outputs found
Sort by
DIGITAL TRANSFORMATION IMPACT ON JOBS AFTER COVID-19 PANDEMIC
No full textDigital transformation (DT) is a change in the business model of the company by applying new digital technologies. New digital technologies related to the application of automation, robotics, artificial intelligence and contemporary information and communication technology (ICT). The consequence of the application of DT will be the replacement of routine tasks with automation, which is controlled by artificial intelligence. Greater flexibility and efficiency of work will be achieved in terms of place of work, time of work and ways of engaging people. The changes will be felt by all companies, regardless of size or activity. Due to that, DT will also change the labour requirements. Automation of routine jobs will lead to large layoffs. Many professions will almost disappear as the technology they worked with becomes obsolete. It is envisaged to create new job profiles following the requirements of new technologies. Since the application of DT requires new skills and knowledge, it is necessary to educate workers and managers to successfully apply new technologies
EMPIRICAL EXAMINATION OF THE CLASSICAL DIVIDEND POLICY THEORIES IN EU-28 COUNTRIES
No full textDividend policies and their impact on company value represent a subject which attracted strong academic interest, with many researchers bringing their contributions at solving the discussion based on the standard theory. The main objective of the paper is to revisit the classical dividend theories in the context of the EU-28 countries over a 9 year timeframe (2009-2017) which is an extension of previous studies on the topic over the same geographical zone. The motivation of the study is to identify those factors which determine the dividend decisions for the companies comprised in the sample we used and compare the results to the previous studies on the topic to see whether the classical theories still stand or there are shifts towards other factors. The results of the paper show that the lifecycle theory of dividends together with the pecking order theory and the available cashflow theory are still standing, and that both the accounting and market performance of the company have a significant impact on the level of dividends paid by the company
FOUNDATIONS OF CAPITALIST ECONOMIC THINKING ACCORDING TO MAX WEBER
No full textThe research proposed by Max Weber on the beginning of the capitalist economic thinking aims to transcend the appearances and conceptual surfaces that have been consolidated over the founding truths of this thinking. Thus, Weber is interested in the origin and evolution of key concepts in the capitalist economy such as computability, profit, investment, efficiency or economic capitalization. But what preoccupies him most in his studies is the basis of the capitalist economic mentality, the way in which the idea of free initiative and the motivation of its transposition in practice arose, a transposition that is only completely made in the Western civilization, the Orient keeping its openness to economic centralized elements, subject to the political factor. According to Weber, the spirit of capitalism and its economic choices are based on the vein of the Protestant theological thought. From this historical, theological and psychological foundation there is a possible understanding of capitalist economic thinking
Implications of digitalisation on environmental sustainability
No full textIn this paper we aim to analyze through the literature, the implications of digitalization on environmental sustainability in the field of production (product design, production, transport and customer service). The analysis of specialized works highlights the following aspects: 1. Digitization in production contributes positively to environmental sustainability by increasing resources and information efficiency as a result of the application of Industry 4.0 technologies throughout the product life cycle; 2. The negative side of digitalisation on the environment is primarily due to increased use of resources and energy, as well as increased waste and emissions from the manufacture, use and disposal of the hardware component (product life cycle). Based on these findings, a product life cycle perspective is proposed, taking into account the environmental impact of both the product life cycle and the technology. Through this study, we identified the key implications of digitizing production on environmental sustainability, raising awareness of both positive and negative impact of digitization, and the need to invest in new digital technologies
THE ROLE OF COMMUNITY FOR LOCAL DEVELOPMENT: A RESEARCH AGENDA
No full textCurrently, local development plays an essential role in the sustainable development of the country as well as the driving force to ensure social stability. Many research shows local development is influenced by different factors. Therefore, identifying the factors affecting local development is essential. Among the factors affecting local development, the community is identified as having a strong influence and bringing many benefits to local development in many different aspects. The article aims to determine the relationship between the community and local development by systematic theoretical research method. The author analyzed the data collected through the Scopus database and a theoretical study based on the available research literature. The research results from the literature review indicate that the community and local development have a close relationship with each other. Besides, the community plays a significant role in sustainable local development on many different criteria. Communities influence local development not only in terms of economic development, poverty alleviation, but also improvement of sustainability in the use of local resources, improving the well-being of individuals, protecting the environment and landscape, etc. The presented results contribute to promoting research on the relationship between the community and local development
MEDIA AS A TOOL OF PROMOTING INNOVATION IN COMPANIES
No full textNew media, especially social networks, are a pillar of the innovation process at the company level. Although many studies focus on the negative way in which social networks affect innovation, in the corporate environment, media is an essential tool that can determine a company\u27s business innovation model. The purpose of this paper is to analyze how new media can be used to promote innovation in the corporate landscape. Thus, the paper investigates the connection between integrated marketing communication and the strategy of social networks in the innovation process, based on the agreement of strategies adaptability, as well as the moderating results of the management diversity. In this context, we study both the way in which the media affects the innovation process at the company level, as well as the positive influence of new media in the innovation process. Thus, the conclusion of this study is represented by the fact that social networks support the innovation process when the social factor is integrated into the daily activities of a company. Also, the choice of a communication channel meant to highlight the marketing strategies at the level of a company is essential. In other words, the right social media tools can integrate an organization\u27s goals and strategies in order to capitalize on its target audience
THE INFLUENCE OF INTERNAL CONTROL AND RISK MANAGEMENT SYSTEMS ON INFORMATION TRANSPARENCY AND BUSINESS SUSTAINABILITY
No full textCorporate governance continues to be an issue of great interest to both researchers and practitioners, as a result of the ongoing challenges to which companies have to answer for. The economic context and the current pandemic, but also the need for development bring new requirements to governance, imposing a rethinking of the strategy, as well as of the business processes. An internal audit function that has been allocated the appropriate resources can provide such assurance and consultancy. The motivation that determined the authors to approach this internal audit function was the topicality and importance given to the internal audit in the current period. Because of the analysis, it appears that, although a number of changes have been made to the internal audit function essential pylon in corporate governance recently, the role and importance of this function within the entities will change as a result of the digitalization of the profession.Corporate governance continues to be an issue of great interest to both researchers and practitioners, as a result of the ongoing challenges to which companies have to answer for. The economic context and the current pandemic, but also the need for development bring new requirements to governance, imposing a rethinking of the strategy, as well as of the business processes. An internal audit function that has been allocated the appropriate resources can provide such assurance and consultancy. The motivation that determined the authors to approach this internal audit function was the topicality and importance given to the internal audit in the current period. Because of the analysis, it appears that, although a number of changes have been made to the internal audit function essential pylon in corporate governance recently, the role and importance of this function within the entities will change as a result of the digitalization of the profession
RIGHT TO EDUCATION IN HIGHER EDUCATION
No full textRight to education assumes an important role of enhancing the competence and capacities of humanity for growth and development through learning and training. It is the golden rule of equal opportunity to learn through free and compulsory primary and secondary education paving way for higher education. There is unequal preference in the private and public institutions in higher education as the affirmative action is not complete in respect of state responsibilities. Higher the implementation of the right to education ensures higher success or otherwise
SURVIVAL STRATEGIES OF TOURISM INDUSTRY IN TIMES OF COVID-19 PANDEMIC: A STUDY OF SELECTED TOURIST ENTERPRISES IN KERALA
No full textStruggling to come out of the shackles created by the apparent down in business owing to the decline in booking and travel trips, tourism enterprises have been forced to implement newer survival strategies to exist in the field. This paper sheds some light on the novel and innovative survival strategies adopted by selected tourism operators and hotels in certain selected tourist spots in Kerala. The study considers four types of survival strategies for analysis viz. Retrenchment, Persevering, Innovation and Exit. The study has found that the type of strategies adopted by the enterprises varies in accordance with their nature of business. Most of the enterprises preferred to adopt a persevering survival strategy that is they tended to continue their operations without applying any significant decline in their scale of operation. The study has found significant associations between the number of years spent in the field of operation and the type of strategies adopted for survival. It has been found that younger enterprises tended to adopt an ‘exit’ survival strategy while experienced and older enterprises stood for persevering strategy