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The Effect of Sustainable Investments to the Economic Objectives of the Company in Relation to the Total Quality Management

Author

Listed:
  • Jochen Schmid

    (The Bucharest University of Economic Studies)

  • Marieta Olaru

    (The Bucharest University of Economic Studies)

  • Ana-Maria Verje

    (The Bucharest University of Economic Studies)

Abstract

The implementation of the sustainability mega-trend has been increasing in large companies, listed for many years in order to respond to stakeholder`s interests. One of the objectives of the paper is to identify how the sustainable investments behaves with business objectives in terms of total quality management. This remains unclear in the given studies. The paper highlights part of the value of research based on the survey conducted on German corporations that were quoted on the DAX30 stock index during 2007-2014. Public annual reports as well as company figures from the base of this paper. As a result of the study, it appears to be difficult forming a unique interpretation of complex company structure, but there are detectable correlations between sustainable investments and economic objectives in total quality management that have been found in the research.

Suggested Citation

  • Jochen Schmid & Marieta Olaru & Ana-Maria Verje, 2017. "The Effect of Sustainable Investments to the Economic Objectives of the Company in Relation to the Total Quality Management," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 19(S11), pages 939-939.
    • Handle: RePEc:aes:amfeco:v:19:y:2017:i:s11:p:939
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    References listed on IDEAS

    as
    1. David Williamson & Gary Lynch-Wood & John Ramsay, 2006. "Drivers of Environmental Behaviour in Manufacturing SMEs and the Implications for CSR," Journal of Business Ethics, Springer, vol. 67(3), pages 317-330, September.
    2. World Commission on Environment and Development,, 1987. "Our Common Future," OUP Catalogue, Oxford University Press, number 9780192820808, Decembrie.
    3. repec:dgr:rugsom:03a43 is not listed on IDEAS
    4. Thomas Dyllick & Kai Hockerts, 2002. "Beyond the business case for corporate sustainability," Business Strategy and the Environment, Wiley Blackwell, vol. 11(2), pages 130-141, March.
    5. Broekhuis, Manda & Vos, Janita F.J., 2003. "Improving organizational sustainability using a quality perspective," Research Report 03A43, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Louis Maximilian Ronalter & Merce Bernardo & Javier Manuel Romaní, 2023. "Quality and environmental management systems as business tools to enhance ESG performance: a cross-regional empirical study," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(9), pages 9067-9109, September.
    2. Mansi Jain & Gagan Deep Sharma & Mrinalini Srivastava, 2019. "Can Sustainable Investment Yield Better Financial Returns: A Comparative Study of ESG Indices and MSCI Indices," Risks, MDPI, vol. 7(1), pages 1-18, February.
    3. Ramiz ur Rehman & Muhammad Zain ul Abidin & Rizwan Ali & Safwan Mohd Nor & Muhammad Akram Naseem & Mudassar Hasan & Muhammad Ishfaq Ahmad, 2021. "The Integration of Conventional Equity Indices with Environmental, Social, and Governance Indices: Evidence from Emerging Economies," Sustainability, MDPI, vol. 13(2), pages 1-27, January.
    4. Andreea Chițimiea & Mihaela Minciu & Andreea-Mariana Manta & Carmen Nadia Ciocoiu & Cristina Veith, 2021. "The Drivers of Green Investment: A Bibliometric and Systematic Review," Sustainability, MDPI, vol. 13(6), pages 1-25, March.

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    More about this item

    Keywords

    sustainability; sustainable investments; economic objectives; total quality management (TQM); corporate social responsibility (CSR); economic value;
    All these keywords.

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration

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