New issue of the Corporate Governance and Organizational Behavior Review journal
The editorial team of Virtus Interpress is pleased to announce the release of the fourth issue of volume 8 of the journal Corporate Governance and Organizational Behavior Review. The current issue focuses on a variety of topics related to corporate social responsibility (CSR) and sustainability management.
In particular, the topics analyzed in this issue include corporate organization, public relations, sustainable development, communication, leadership, transformation, financial performance, real estate investment trusts (REITs), board and gender diversity, environmental, social and governance (ESG) policies, principles for responsible investment, non-fungible tokens (NFT) and blockchain application, and brand building. Each paper explores critical areas of research, offering a blend of theoretical and practical insights.
In the first research paper, Eyitayo Francis Adanlawo and Mpho Chaka note that there is an emphasis on CSR activities, but research on how and where to communicate CSR is lacking. So, the authors investigate how and where to communicate CSR, using an online survey instrument on a sample of 100 consumer panel members. Findings reveal that CSR needs to be communicated to internal stakeholders before external stakeholders and ensure employee commitment to the company’s CSR initiatives. In addressing the second objective, findings reveal that companies should play a role in society beyond economic benefit generation. The results show that society’s concern is important in deciding where to communicate CSR. The study suggests that knowing where and how to communicate CSR that will appeal to the public will significantly affect the image and reputation of the company.
The second study by Shirley Mo Ching Yeung aims to explore the key elements of transformative leadership skills of women servants to accelerate and impact activities related to the SDGs. The attributes of transformative leadership of women servants with innovative ways to track students’ sports competition are seldom studied for improving the quality services of sports and science, technology, engineering and mathematics (STEM) service providers in the post-COVID-19 periods, thus this study covers a significant gap in the literature. According to the results, it is expected to have an ongoing study on innovative and sustainable ways of applying transformative leadership of women servant leadership with NFT and blockchain application in SDGs via strengthening the partnership of academia, researchers, business and industry with SDGs and NFT community projects for sustainable development.
The third paper by Manh Tien Pham, Dung Thuy Nguyen, and Phuong Nguyen Thanh investigates the impact of each component within CSR disclosure and CSR expenditure on the banks’ financial performance. The findings indicate that environmental responsibility disclosure and government responsibility expenditure positively impact corporate finances. Meanwhile, community responsibility disclosure and expenditure reduce financial efficiency. Employee responsibility disclosure and expenditure do not affect the financial situation. The study emphasizes the importance of environmental responsibility disclosure and recommends that banks fully comply with tax obligations which is a government responsibility expenditure.
The fourth article by Thabelo Sean-Vincent Mofokeng and Chioma Okoro examines the relationship between board diversity and the performance of REITs listed on the Johannesburg Stock Exchange. The study employs fixed-effects models to show that racial diversity positively impacts funds from operations per share (FFO P/S) and earnings per share (EPS), suggesting that diverse boards enhance operational and earnings efficiencies. However, gender diversity has a significant negative effect on FFO P/S, indicating potential challenges in achieving operational efficiency. Education diversity shows minimal influence across all measures. These findings imply that racial diversity contributes positively to REIT performance, while the impact of gender diversity is more complex, and education diversity appears less significant.
The final research paper by Shirley Mo Ching Yeung aims to increase the awareness of educators, entrepreneurs, policymakers and managers in business and non-governmental organizations regarding the key elements for outstanding corporate responsible investment and brand building with SDGs, ESG and United Nations Principles of Responsible Investment (UN PRI). Based on the quantitative analysis of environmental materials on school uniforms of ESG School HK in Hong Kong and the focus group interviews, it is further illustrated that technology may be applied for responsible and transparent product/service workflow for responsible investment.
The full issue of the journal is available at the following link .
We are grateful to all the scholars who have contributed to this issue, and we hope that you will find these articles both informative and stimulating.
