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Topic Review
Cause-Related Marketing
This entry aims to examine the influence of cause–brand fit on consumer attitudes, attributed company motives, and the moderating role of corporate reputation.
  • 973
  • 22 Oct 2020
Topic Review
Food System and Circular Economy
       Circular economy can play an active role in solving the unsustainability of the food production system, contributing to the creation of shorter and more resilient supply chains. Some solutions include policy regulations driving consumption towards more sustainable choices and the reduction of food waste: “best before” labels might be scrapped, food sharing initiatives incentivized and organic waste regarded as a high-value raw-material. Bio-refineries can be the catalyst of a green transition, where food waste can generate biofuels, bio-chemicals, plastics, textiles, medicines and much more. Circular practices seem to hold the potential for a win–win solution, simultaneously enhancing sustainability throughout the entire value chain (from production to consumption and post-consumption) and improving its resilience through the introduction of localized supply chains, making the food system less dependent on international trade. The European Union is working towards this direction (as its policy and social media agenda exposes) and will hopefully accelerate the transition to meet its Green New Deal expectations.
  • 971
  • 22 Oct 2020
Topic Review
Corporate Sustainability in Bangladeshi Banks
       The purpose of this study is to analyze the connection between the sustainability performance and financial performance of Bangladeshi banks to explore the impact of the Bangladesh Environmental Risk Management Guideline. We analyzed all 56 scheduled commercial banks that are currently operating in Bangladesh under the guidelines of the Central Bank of Bangladesh. Data for the sample has been collected from publicly available reports such as annual, sustainability, and corporate social responsibility (CSR) reports, disclosed sustainability and financial information on the banks’ websites, including all bank branches, and data published from the Central Bank. Data has been analyzed using panel regression. Our results indicate that higher sustainability performance creates a higher financial performance, and that bigger banks perform better with regard to sustainability than smaller banks. The analysis did not find, however, that higher financial performance influences the sustainability performance of the banks positively. Consequently, this research contributes to the research on legitimacy-driven behavior of Bangladeshi banks. This behavior rather leads to a reactive adoption of sustainability activities instead of proactive behavior.
  • 969
  • 13 Oct 2020
Topic Review
Developing a Wine Experience Scale
       This study develops a scale to measure wine tourism experiences and was tested in Portugal, in Porto and Madeira wine cellars. The resulting 18-item wine experience scale comprises four major dimensions: (1) Wine storytelling, (2) wine tasting excitement, (3) wine involvement, and (4) winescape. This is the first scale that comprises the dimensions of experience with wine senses, applied in a relevant wine destination where research is still limited. The results are relevant in boosting the increasingly recognized awareness of Portugal as wine tourism, as well as bringing experience scales to the body of knowledge.
  • 865
  • 09 Oct 2020
Topic Review
Consumer and Food Product Innovations
New lifestyles, higher incomes and better consumer awareness are increasing the demand for a year-round supply of innovative food products. In past decades, important developments have been achieved in areas related to food and the food industry. This entry shows that factors influencing performance in new product development (NPD) are dynamic and continuously guiding project development. The data obtained by direct involvement of consumers can impact positively successful product development and enhance the company’s financial performance. The study of consumer behaviour and attitudes towards new foods encompasses multiple aspects, such as preference, choice, desire to eat certain foods, buying intentions and frequency of consumption. Additionally, both the consumers’ willingness to purchase and the willingness to pay a premium are important in NPD, launching and success.
  • 2.2K
  • 27 Sep 2020
Topic Review
Institutional Entrepreneurship
Institutional entrepreneurship comprises the activities of agents who disrupt existing social institutions or create new ones, often to enable diffusion, especially of radical innovations, in a market. 
  • 4.5K
  • 25 Sep 2020
Topic Review
Economic Feasibility: Photovoltaic Energy Investments
The introduction of environmental impact targets around the world has highlighted the need to adopt alternative sources of energy, which can supply the demand and mitigate the damage caused to the environment. Solar energy is one of the main sources of alternative energy, and it is considered an abundant source of clean energy. However, to facilitate and encourage investors interested in the installation of photovoltaic energy systems for electricity production, it is essential to evaluate the factors that impact the economic viability of the projects.
  • 1.1K
  • 10 Sep 2020
Topic Review
Pension Information
A wide array of research has investigated the effects of pension information on different individuals’ economic outcomes. While many studies show that information provision increases knowledge, the evidence is mixed regarding its effects on behavior. Nevertheless, examining different studies, some conclusions can be elicited about the effects of pension information on three broad areas of economic behavior: retirement planning, labor supply, and savings decisions. Specifically, the provision of pension information not only increases workers’ knowledge about their benefits, but it also fosters individuals’ retirement planning and decision making. Looking at individuals’ labor supply, our review of the literature showed that only correctly informed workers are responsive to the incentives to work longer. Finally, information letters and other educational interventions such as seminars are found to increase both enrollment in retirement plans and the amount of contributions. We also highlight that the lack of knowledge prevalently hits the most vulnerable individuals in the society, such as women. As a consequence, not providing sufficient information could contribute to widening the gender gap in pensions.
  • 632
  • 01 Sep 2020
Topic Review
Electricity Demand Forecasting
With the globally increasing electricity demand, its related uncertainties are on the rise as well. Therefore, a deeper insight into load forecasting techniques for projecting future electricity demands becomes imperative for business entities and policymakers. The electricity demand is governed by a set of different variables or “electricity demand determinants”. These demand determinants depend on forecasting horizons (long term, medium term, and short term), the load aggregation level, climate, and socio-economic activities. In this paper, a review of different electricity demand forecasting methodologies is provided in the context of a group of low and middle-income countries. The article presents a comprehensive literature review by tabulating the di fferent demand determinants used in di fferent countries and forecasting the trends and techniques used in these countries. A comparative review of these forecasting methodologies over di fferent time horizons reveal that the time series modeling approach has been extensively used while forecasting for long and medium terms. For short term forecasts, artificial intelligence-based techniques remain prevalent in the literature. Furthermore, a comparative analysis of the demand determinants in these countries indicates frequent use of determinants like the population, GDP, weather, and load data over di fferent time horizons.
  • 1.7K
  • 05 Aug 2020
Topic Review
Online Food Delivery Platforms
In the midst of the global 2020 COVID-19 outbreak, the advantages of online food delivery (FD) were obvious as it facilitated consumer access to prepared meals and enabled food providers to keep operating. However, online FD is not without its critics, with reports of consumer and restaurant boycotts. It is therefore time to take stock and consider the broader impacts of online FD and what they mean for the stakeholders involved. Using the three pillars of sustainability as a lens through which to consider the impacts, this review presents the most up-to-date research in this field revealing a raft of positive and negative impacts. From an economic standpoint, online FD while providing job and sale opportunities has been criticized for high commissions it charges restaurants and questionable working conditions for delivery people. From a social perspective, online FD is affecting the relationship between consumers and their food as well as influencing public health outcomes and traffic systems. Environmental impacts include the generation of worrying amounts of waste and its high carbon footprints. Stakeholders must consider how best to mitigate the negative and promote the positive impacts of online FD to ensure that it is sustainable, in every sense, moving forward.
  • 2.3K
  • 04 Aug 2020
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