Business Leadership and Corporate Social Responsibility in the Post-COVID Era

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F23%3A94519" target="_blank" >RIV/60460709:41110/23:94519 - isvavai.cz</a>

Result on the web

<a href="https://www.mdpi.com/2227-7099/11/3/98" target="_blank" >https://www.mdpi.com/2227-7099/11/3/98</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.3390/economies11030098" target="_blank" >10.3390/economies11030098</a>

Result language

angličtina

Original language name

Business Leadership and Corporate Social Responsibility in the Post-COVID Era

Original language description

Our paper focuses on the transformation of the concept of sustainable business leadership, especially regarding the Sustainable Development Goals and corporate social responsibility in the post COVID era. The COVID pandemic is without question posing a generation defining challenge for public health and the global economy. Moreover, the pandemic has revived some old and introduced many new threats that today business leaders will have to face in the years to come. Despite the fact that the COVID19 crisis was a humanitarian tragedy that continues to ravage millions of lives, it can also be viewed as an excellent opportunity to restart sustainable economic development as well as to help our business and economy to shift towards real business corporate social responsibility and ethical decision-making, thanks to the reduction in carbon emissions as a result of reduced economic activity and travel, increasing investments into healthcare and education, or finding the new ways for working and learning, such as remote work and online education. Our paper examines the effect of small entrepreneurs perceptions of CSR on their daily business under the conditions of the COVID-19 pandemic. The paper features an empirical model that assesses the implementation of CSR practices and principles social responsibility, environmental sustainability, or ecological governance after the COVID pandemic. The model investigates whether the factors internal to the company might influence the enhancement of the CSR principles. The model is based on our own data obtained from the 450 online questionnaire surveys conducted with managers of small and medium enterprises in the Czech Republic and the Russian Federation. The two countries in question have been selected due to their similarities and, at the same time, differences regarding their geopolitical orientation, pathways of economic transformation, and attitudes to sustainable development policies and embracing SDGs. Our results demonstrate that the business type, as well as the ownership structure, positively impacts the introduction of CSR and sustainable development principles in SMEs in question, while the company age has a negative impact. Our results might be of special importance for the stakeholders and business owners wishing to enhance CSR practices and promote sustainable economic development in their enterprises in the post COVID era.

Czech name

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Czech description

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Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

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OECD FORD branch

50201 - Economic Theory

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2023

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Economies

ISSN

2227-7099

e-ISSN

2227-7099

Volume of the periodical

11

Issue of the periodical within the volume

3

Country of publishing house

CH - SWITZERLAND

Number of pages

16

Pages from-to

1-16

UT code for WoS article

000954904500001

EID of the result in the Scopus database

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