THE IMPORTANCE OF SKILLS IN CAREER DEVELOPMENT

Open Access Article

THE IMPORTANCE OF SKILLS IN CAREER DEVELOPMENT

First author: TODERICIU Ramona,
Affiliation: Lucian Blaga University of Sibiu, Romania

Second author: GRAMA Blanca
Affiliation: Lucian Blaga University of Sibiu, Romania

Management of Sustainable Development 2024, 16(2); https://doi.org/10.54989/msd-2024-0022
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Abstract:

The purpose of this paper is to investigate how individual career management is related to career sustainability, analyzing the role of skills in career development. The study surveyed 120 employees, collecting data through a structured questionnaire. The findings highlight the essential role of skills in creating and maintaining a competitive advantage in the labor market. This research adds to the growing body of literature by empirically validating the importance of skills in competitive strategy and provides practical implications for managers seeking to leverage these resources for sustained competitive success.

IMPROVING THE WORD-OF-MOUTH EFFECT ON SOCIAL MEDIA SITES AND WHAT MOTIVATES USERS TO SHARE CONTENT ON SOCIAL MEDIA PLATFORMS

Open Access Article

IMPROVING THE WORD-OF-MOUTH EFFECT ON SOCIAL MEDIA SITES AND WHAT MOTIVATES USERS TO SHARE CONTENT ON SOCIAL MEDIA PLATFORMS

First author: FATHIANPOUR Tina,
Affiliation: Faculty of Economics, Administration, and Social Science, Antalya Bilim University, Türkiye

Second author: SEN Cem
Affiliation: Freelance Lecturer/Researcher

Management of Sustainable Development 2024, 16(2); https://doi.org/10.54989/msd-2024-0021
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Abstract:

This study aims to determine and understand the motivators for sharing on social media. This is why the following research questions delve into these crucial topic areas for content creators and marketers. Why do users share content on social media platforms? If anything, does the nature of content influence sharing on social networking sites? Does the behavior of social media users affect how they share content? We use social media for personal bonding as well, and to ensure that our immediate friend circle appreciates us, we share meme posts only because memes are worth sharing, or just want them to know about something important that happened in the past hour-to-hour. For a project to encourage the spread, it must be of great value/line up perfectly with what motivations will lead them to share that content in their networks. A survey was conducted on Facebook, and data were analyzed using smartPLS(n=300). Various outcomes were driven. The connection between content types and encouraging users to share is strong, resulting in minimal barriers to encouraging sharing. The second subjective norm, the power of social connections, was strongly linked to users’ motivation to share. Across Facebook users, the sharing behavior appears to be dissimilar.

ARTIFICIAL INTELLIGENCE MANAGEMENT AND ETHICS IN THE IMPLEMENTATION OF MECHATRONIC SYSTEMS IN THE AUTOMOTIVE INDUSTRY: CHALLENGES AND APPLIED SOLUTIONS

Open Access Article

ARTIFICIAL INTELLIGENCE MANAGEMENT AND ETHICS IN THE IMPLEMENTATION OF MECHATRONIC SYSTEMS IN THE AUTOMOTIVE INDUSTRY: CHALLENGES AND APPLIED SOLUTIONS

First author: ȚÎȚU Aurel Mihail,
Affiliation: Lucian Blaga University of Sibiu, Romania

Second author: BÂLC Emanuel
Affiliation: Lucian Blaga University of Sibiu, Romania

Management of Sustainable Development 2024, 16(2); https://doi.org/10.54989/msd-2024-0020
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Abstract:

The present paper aims to explore how artificial intelligence (AI) is integrated into mechatronic systems in the automotive sector and to address the management and ethical challenges associated with this implementation. The paper highlights the importance of management in coordinating the complex processes required for AI adoption, emphasizing the role of multidisciplinary teams in guaranteeing success. At the same time, the ethical challenges related to the explainability of AI algorithms, the transparency of automated decisions and the protection of personal data are discussed. The paper emphasizes the need for flexible management strategies that facilitate the responsible integration of AI, balancing technological advantages with safety and social impact. Thus, the main contribution of the paper is the formulation of applied management and ethics solutions that support the sustainable and responsible development of emerging technologies in the automotive industry.

DIVERGENCE REGARDING ESG. A BIBLIOMETRIC ANALYSIS

Open Access Article

DIVERGENCE REGARDING ESG. A BIBLIOMETRIC ANALYSIS

First author: VASIU Diana Elena,
Affiliation: Lucian Blaga University of Sibiu, Faculty of Economic Science, Sibiu, Romania

Management of Sustainable Development 2024, 16(2); https://doi.org/10.54989/msd-2024-0019
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Abstract:

ESG criteria serve as a cornerstone for sustainable business practices, but the growing emphasis on sustainability has led to a surge in ESG rating providers, introducing significant challenges. ESG ratings are inherently complex and often differ across agencies, due to a lack of standardized parameters, risks of green-washing, and the perceived trade-off between profitability and sustainability. Inconsistent methodologies and fragmented regulatory frameworks hinder meaningful comparisons, resulting in limited confidence among investors and companies regarding the reliability of these ratings. Nevertheless, ESG advocates view these ratings as drivers of long-term financial and societal benefits. Consequently, researchers are increasingly focused on understanding the extent of ESG rating divergence, identifying its underlying causes, evaluating its impact on company performance, and exploring strategies to mitigate the negative effects of these inconsistencies. This paper provides an overview of the topic of “ESG ratings divergence,” a subject that has seen exponential growth in the past three years. Using a bibliometric approach, it examines the academic literature published and indexed in the Scopus database with the help of VOSviewer.

THE EVOLVING LANDSCAPE OF REMOTE WORK. A CRITICAL REVIEW OF CHALLENGES AND EMERGING TRENDS IN REMOTE WORK

Open Access Article

THE EVOLVING LANDSCAPE OF REMOTE WORK. A CRITICAL REVIEW OF CHALLENGES AND EMERGING TRENDS IN REMOTE WORK

First author: NGWIRA Vitumbiko Andrew,
Affiliation: University of Zambia

Second author: SOKO Yohane Mwenecho
Affiliation: University of Zambia

Management of Sustainable Development 2024, 16(2); https://doi.org/10.54989/msd-2024-0018
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Abstract:

Remote work has gained considerable attention in the ever-changing field of contemporary organizational management. This critical review aimed to systematically examine challenges and emerging trends in remote work in organizations. The review thoroughly examined scholarly articles that were carefully selected through a rigorous process. Key recurrent themes that emerge from the synthesis of this research, include resource planning, trust, cultural diversity, leadership, collaboration tools, communication techniques, and psychological safety. All of these factors are crucial for creating virtual teams that work well together. The findings obtained from a careful selection process and in-depth analysis of themes have important implications for both professionals and researchers. They contribute to the ongoing discussion on effective virtual teams and offer guidance for future research in the ever-changing field of remote work. As organizations increasingly adopt remote work, it is crucial to understand these challenges and emerging trends to enhance organizational performance and effectively navigate the complexities of the digital era.

A NEW CONCEPTUAL FRAMEWORK FOR ASSESSING CORPORATE FINANCIAL PERFORMANCE. A SUSTAINABLE APPROACH

Open Access Article

A NEW CONCEPTUAL FRAMEWORK FOR ASSESSING CORPORATE FINANCIAL PERFORMANCE. A SUSTAINABLE APPROACH

First author: RUSU Radu,
Affiliation: Lucian Blaga University of Sibiu, Romania

Second author: OPREAN-STAN Camelia
Affiliation: Lucian Blaga University of Sibiu, Romania

Management of Sustainable Development 2024, 16(2); https://doi.org/10.54989/msd-2024-0017
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Abstract:

This study sets out to establish a new definition for the concept of corporate financial performance, mostly associated with the concept of corporate economic growth, highlighting the prevalence of the types of capital such as those specific to natural, human and social. These types of capital comprise resources such as: renewable and non-renewable natural resources (forests, oil deposits), the individual’s health, well-being and knowledge, respectively social relationships based on mutual trust. The method of definition used comprises the sufficiency predicates and implies the development and transformation of four such predicates. Lastly, mathematic relationships are proposed in order to better evaluate the company’s conceptual corporate financial performance, with regard to its consumption of resources specific to those of natural, human and social capital. Nevertheless, the mathematic models imply the existence of some so-called artificial realities, which represent conditions that are not fully reflected in the actual socioeconomic environment.

LEVERAGING MECHATRONIC SYSTEMS FOR ORGANIZATIONAL MANAGEMENT: A KNOWLEDGE MANAGEMENT APPROACH IN THE AUTOMOTIVE INDUSTRY

Open Access Article

LEVERAGING MECHATRONIC SYSTEMS FOR ORGANIZATIONAL MANAGEMENT: A KNOWLEDGE MANAGEMENT APPROACH IN THE AUTOMOTIVE INDUSTRY

First author: ȚÎȚU Aurel Mihail,
Affiliation: Lucian Blaga University of Sibiu, Romania

Second author: BÂLC Daniel
Affiliation: National University of Science and Technology POLITEHNICA Bucharest, Romania

Management of Sustainable Development 2024, 16(2); https://doi.org/10.54989/msd-2024-0016
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Abstract:

Organizational management in the automotive industry can be characterized by the integration of mechatronic systems to improve overall efficiency, safety and performance. This study aims to explore how advanced mechatronic systems revolutionize the industry but also how they can be a component of knowledge management in the automotive industry. The integration of mechatronic systems in the automotive industry not only brings high performance but also strengthens the management strategy, ensuring continuous adaptation to market requirements. Thus, the current work tries to identify the value of mechatronic systems as components of organizational management or better said, it can be seen as an approach to knowledge management in the automotive industry

ENHANCING LDA MODELING WITH BERT FOR ANALYZING SOCIO-CULTURAL DYNAMICS IN SOLID WASTE MANAGEMENT

Open Access Article

ENHANCING LDA MODELING WITH BERT FOR ANALYZING SOCIO-CULTURAL DYNAMICS IN SOLID WASTE MANAGEMENT

First author: KAHYA ÖZYİRMİDOKUZ Esra,
Affiliation: Erciyes University

Second author: STOICA Eduard Alexandru
Affiliation: Lucian Blaga University of Sibiu, Romania

Management of Sustainable Development 2024, 16(2); https://doi.org/10.54989/msd-2024-0015
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Abstract:

The rapid depletion of global resources and the increasing challenges associated with waste management have underscored the importance of the circular economy—a framework designed to balance resource utilization, align production with consumption, and effectively address waste-related issues. Within this context, social complementary factors in waste management are crucial for overcoming these significant challenges. This study investigates the current state of solid waste management within the circular economy, with a particular focus on socio-cultural and behavioral dynamics, as well as the socio-technical implications of these processes. The research aims to elucidate the influence of socio-cultural dynamics on waste management practices. A comprehensive search of the Web of Science (WoS) database, using the keyword “solid waste management” up to August 10, 2024, yielded 33,247 relevant studies. To extract key themes from this extensive body of literature, Latent Dirichlet Allocation (LDA) topic modeling was applied. Subsequently, BERT-based deep learning methods were employed for text classification to identify which socio-cultural dynamics are most emphasized in the selected studies. The model achieved an overall accuracy of 87.5% in predicting the dominant topics. The findings from this study provide significant insights into the socio-cultural factors influencing waste management practices within the circular economy. By identifying these dynamics, the research contributes to a deeper understanding of how social and cultural factors can be leveraged to enhance the effectiveness of waste management strategies.

ENVIRONMENTAL MANAGEMENT ACCOUNTING AND OPERATING PERFORMANCE OF LISTED OIL COMPANIES: A LONGITUDINAL STUDY IN AN EMERGING ECONOMY

Open Access Article

ENVIRONMENTAL MANAGEMENT ACCOUNTING AND OPERATING PERFORMANCE OF LISTED OIL COMPANIES: A LONGITUDINAL STUDY IN AN EMERGING ECONOMY

First author: OLAYIWOLA John A.,
Affiliation: Department of Management & Accounting, Obafemi Awolowo University, Ile-Ife, Nigeria

Second author: ADEBISI Adedayo M.
Affiliation: Department of Management & Accounting, Obafemi Awolowo University, Ile-Ife, Nigeria

Management of Sustainable Development 2024, 16(2); https://doi.org/10.54989/msd-2024-0014
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Abstract:

This research examines the correlation between the implementation of EMA and the operating performance of Nigerian oil companies on the stock exchange for the year 2014-2023. The study assesses the level of implementation of the EMA practices in these companies and analyses the changes in its financial and non-financial performance measures. This study employed longitudinal and ex-post facto research designs, secondary data were collected from the annual reports and financial statements of the listed oil companies in Nigeria. Data collected were analysed using both descriptive and inferential statistics, which include panel data regression analysis to measure the significance and direction of the relationship among these variables. We employed both fixed and random effects models to determine the relationship between EMA, LEV, SIZE, and performance indicators. The results show that, although awareness exists on the role of environmental management accounting for the Nigerian oil industry, there is still limited application and implementation in corporate strategies. Further, the results show that EMA does not exert immediate significant impact of financial performance of Nigerian firms, especially in sectors like oil where traditional operations are deeply embedded. The concluded that while EMA practices are essential for long-term sustainability, their immediate financial benefits may be limited, especially in the context of the Nigerian oil industry. As the Nigerian oil sector continues to evolve, future studies could explore the longer-term effects of EMA adoption and the changing role of market forces in driving sustainability efforts.

THE SUSTAINABILITY REPORTS ISSUED – AN INFLUENTIAL FACTOR FOR THE STOCKS QUOTATIONS?

Open Access Article

THE SUSTAINABILITY REPORTS ISSUED – AN INFLUENTIAL FACTOR FOR THE STOCKS QUOTATIONS?

First author: MOROȘAN Adrian,
Affiliation: Lucian Blaga University of Sibiu, Romania

Management of Sustainable Development 2024, 16(2); https://doi.org/10.54989/msd-2024-0013
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Abstract:

The integration of sustainability in economics is essential for achieving long-term economic stability and environmental preservation. As climate change, resource depletion, and social inequities intensify, adopting sustainable practices within economic frameworks is crucial. This article delves into the relationship between sustainability and economics, highlighting the impact of non-financial factors, such as sustainability reports, on financial outcomes like stock prices. By analysing the Romanian BET index, we examine the correlation between sustainability practices and market value. Our findings indicate that the visibility of sustainability reports on company websites does not significantly affect stock prices. However, the general upward trend in stock quotations suggests that other factors might play a more substantial role. This study underscores the importance of regulatory frameworks in promoting transparent sustainability practices. Future research will expand this analysis to global markets, aiming to develop a comprehensive company score that incorporates various financial and non-financial factors.

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