New issue of the Corporate Governance and Sustainability Review journal
The editorial team of Virtus Interpress is delighted to present the second issue of the journal “Corporate Governance and Sustainability Review” in 2023. The published papers in this issue are dedicated to various issues, namely, new corporate governance, environmental, social, and governance (ESG) activities, financial institutions, United Nations Sustainability Development Goals (UN SDGs), sustainability reporting, disruptive learning, sustainable development, corporate social responsibility, pension funds, mutual funds, business-government interactions, regulations, employee satisfaction, work performance, etc.
The issue starts with a research paper by Basit Ali Bhat, Manpreet Kaur Makkar, and Nitin Gupta. The authors study the relationship between board structure on environmental, social, and governance (ESG) performance for public firms in India. Although this research stream has generally shown mixed results, these authors uncover some interesting and perhaps counterintuitive relationships in this study. The authors’ focus on public firms in India and careful statistical analysis make this paper a significant contribution.
The next research paper by Joy Lynn Robosa Legaspi examines the sustainability reporting practices of public financial firms in light of recent Philippine Securities and Exchange Commission (SEC) regulations. This paper offers an instructive primer on the evolution of global reporting standards and the approach adopted by the Philippine SEC. This research highlights the importance of more standardized reporting practices and more measurable and verifiable indicators of commitment to sustainability goals.
Shirley Mo Ching Yeung’s work on transformative learning provides intriguing case analyses integrating the United Nations Sustainable Development Goals (UN SDGs) with entrepreneurial spirit and innovative technologies. Using content analysis, the author offers a format for transformative learning that advances social goals.
Maryam Badrizadeh, Joseph C. Paradi, and Mohammadreza Alirezaee study the efficiency of pension and mutual funds in Canada applying data envelopment analysis. This approach shows the promise of going beyond standard financial ratios when evaluating pension fund efficiency. This research is applied to Canadian pension funds and mutual funds but could be utilized in similar problems in industry and government.
The final study by Lamaan Sami, Mohd Azhar, Wasi Yazdani, Mohd Junaid Akhtar, and Aamir Aslam focuses on the Indian travel and tourism industry during COVID-19. The authors address the question of whether investments in corporate social responsibility (CSR) initiatives in the face of financial distress improve performance. They hypothesize that it does due to its positive impact on the psychological capital of the firm and ultimately on employee performance. The focus on the tourism industry during COVID-19 provides a useful context for studying many management issues.
The full issue of the journal is available at the following link.
We wish you pleasant and informative reading!