Identifying the system of value factors of green consumer choice
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Received August 16, 2023;Accepted February 13, 2024;Published March 1, 2024
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Author(s)Link to ORCID Index: https://orcid.org/0000-0002-8239-2794
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Link to ORCID Index: https://orcid.org/0000-0002-3796-7544,
Link to ORCID Index: https://orcid.org/0000-0002-9307-103X,
Link to ORCID Index: https://orcid.org/0000-0002-6464-7036 -
DOIhttp://dx.doi.org/10.21511/im.20(1).2024.17
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Article InfoVolume 20 2024, Issue #1, pp. 199-211
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Cited by2 articlesJournal title: Science, technologies, innovationArticle title: Creation of content for interactive multimedia projects based on the application of artificial intelligenceDOI: 10.35668/2520-6524-2024-3-10Volume: / Issue: 3(31) / First page: 91 / Year: 2024Contributors: O. S. Yevsyeyev, Ye. M. HrabovskyiJournal title: Bulletin of V. N. Karazin Kharkiv National University Economic SeriesArticle title: Application of generative AI in managing projects for 3D game environment developmentDOI: 10.26565/2311-2379-2024-107-01Volume: / Issue: 107 / First page: 5 / Year: 2024Contributors: L. Guryanova, O. Yevsyeyev, M. Simakova
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To justify the production of green products, it is necessary to anticipate the choice of consumers toward products with different environmental friendliness. Therefore, it is necessary to understand the factors that determine this choice, particularly value factors. The study is based on the idea that a consumer is stimulated to eco-consumption by a set of values, not excluding individualist values; and the influence of values is mediated by motives. The purpose of the study is to develop the theoretical foundations of constructing a three-level system of value factors of green consumption on the example of office paper consumption. As a result, the study formed a system of factors containing preferences, motives, and values of office paper consumers. According to the proposed approach, for each respondent, quantitative characteristics of the elements of the system of factors were determined through a survey, which made it possible to identify correlation relationships between the elements. A pilot study was used to test the proposed approach to constructing a value factors system. The results of the pilot survey showed a positive connection between eco-friendliness of consumer preferences – through motives – with such values as “Nature,” “Self-development,” “Country success,” and “Social power.” This finding provides additional justification for the assumption that individuals are driven to green consumption not only by socially oriented values but also by individualistic values. Identifying the value factors of green consumption will allow predicting consumer behavior and influencing it through targeted marketing offers.
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JEL Classification (Paper profile tab)C15, M31
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References35
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Tables7
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Figures1
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- Figure 1. The system of value factors for the green choice of office paper
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- Table 1. List of meta-values and type of values
- Table 2. Description of office paper options offered to respondents for ranking
- Table 3. List of possible motives for responsible behavior of consumers
- Table 4. Average rank values for office paper options, which differ in quality, price, and eco-friendliness
- Table 5. Spearman’s correlation coefficient between the variable of “Eco-friendliness of paper choice” and estimates of the influence of motives
- Table 6. Ranking of values according to the degree of their importance for respondents
- Table A1. Ranking the motives according to the degree of their influence on consumer preferences toward eco-friendliness
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Conceptualization
Liudmyla Potrashkova
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Formal Analysis
Liudmyla Potrashkova, Viktor Zaruba, Oleksiy Yevsyeyev
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Investigation
Liudmyla Potrashkova
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Methodology
Liudmyla Potrashkova
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Writing – original draft
Liudmyla Potrashkova, Viktor Zaruba
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Data curation
Viktor Zaruba, Oleksiy Yevsyeyev
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Validation
Viktor Zaruba, Diana Raiko
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Funding acquisition
Diana Raiko
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Project administration
Diana Raiko
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Resources
Diana Raiko, Oleksiy Yevsyeyev
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Writing – review & editing
Diana Raiko, Oleksiy Yevsyeyev
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Conceptualization
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Assessing statistical link between FinTech PEST environment and achievement of SDGs
Public and Municipal Finance Volume 10, 2021 Issue #1 pp. 47-66 Views: 1702 Downloads: 658 TO CITE АНОТАЦІЯImplementation of SDGs is the unified goal of 193 UN Member States. FinTech plays a crucial role in achieving it. Therefore, the development of FinTech must be facilitated through proper policy-making and public finance, creating beneficial PEST conditions. However, the interaction of the FinTech PEST environment and achievement of SDGs is a topic that has not yet been addressed. The purpose of this study is to assess the link between these two indicators using statistical methods, indicate SDGs having the strongest link to FinTech PEST environment, and explain the interface to facilitate its useful application within government and financial regulations, as well as administration of the state and municipal financial entities. The results show that the economic and investment potential of Northern Europe is caused by the most favorable PEST environment for FinTech sector development, and demonstrate the existence of a statistical link between FinTech PEST environment and SDG4, SDG8, SDG9, SDG16. There is a clear trend – the more favorable the FinTech PEST environment, the better the achievement of SDGs, the better results of Sustainable Finance indicators, and the higher the Sustainable Finance typology assigned to the country. These results suggest that the goals, targets, and indicators of SDG4, SDG8, SDG9, and SDG16 contribute to the formation of a favorable environment and are conductive to the sustainable development of the FinTech industry in a country. Therefore, sustainability in the development of FinTech industry and finance, and the achievement of SDGs, is a circular process of three interacting factors.
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The impact of the board process on board and corporate performance: the case of Slovakia
Problems and Perspectives in Management Volume 18, 2020 Issue #2 pp. 366-381 Views: 1552 Downloads: 440 TO CITE АНОТАЦІЯNowadays a great deal of attention is paid to corporate governance (CG). Frequent takeovers of ownership rights by management bodies led to a need for business owners to establish clear rules for business management and compliance monitoring. The aim of this paper is to examine the relationship between selected characteristics of the governance process and the ability of governing bodies to perform their core tasks, as well as to model and predict the impact of the selected characteristics of the governance process on the company’s financial performance, measured by the year-on-year change in return on equity. The respondent sample consists of members of randomly selected top management entities with their headquarters in Slovakia. A total of 132 subjects participated and answered questions in the survey, 54% of which were joint stock companies, 36% were limited liability companies and 10% were respondents from cooperatives. Data were personally collected by a questionnaire survey conducted during 2019. To verify the assumptions and success of the formulated model, correlation analysis, binary logistic regression and other relevant tests were used. The results show that each of the examined board process attributes significantly affects at least one board performance attribute. All significant correlations have a positive value. Independent variables in the ROE regression model increased the estimation rate of ROE change from 54.5% to 93.9%. The model is applicable in the CG practice and allows the prediction of changes in ROE with respect to ongoing governance processes.
Acknowledgment
This paper has been supported by the Scientific Grant Agency of Slovak Republic under the project VEGA No. 1/0749/18 “Research on the application of corporate governance principles in companies in Slovakia”. The authors would like to express their gratitude to the Scientific Grant Agency of The Ministry of Education, Science, Research and Sport of the Slovak Republic for financial support of this research and publication. -
The relationship between logistics and information and communication technologies and their impact on the economy of Kazakhstan
Anna Kredina, Mirey Akhtanova
, Makpal Bekturganova
, Alexander Tsoy
, Lazat Spankulova
doi: http://dx.doi.org/10.21511/ppm.20(4).2022.26
Problems and Perspectives in Management Volume 20, 2022 Issue #4 pp. 344-355 Views: 1253 Downloads: 504 TO CITE АНОТАЦІЯThis study aims to analyze the impact of logistics and information and communication technologies (ICT) on Kazakhstan’s economic growth, which requires rethinking search and management tools. The study used the methods of descriptive data statistics, checking the data for the normality of the distribution, and Spearman’s correlation analysis. The information database comprised the National Bank, the World Development Bank, and the national statistics of the Agency for Strategic Planning and Reforms of the Republic of Kazakhstan. The paper determined the dynamics of GDP per capita and logistics, including export and import, for 2005–2020. The construction of the correlation model was carried out in SPSS. Interestingly, the most significant negative relationship was revealed between database-related services and the population and the volume of communication services (.761*).
On the other hand, the results show a positive impact of ICT’s strong relationship with Kazakhstan’s logistics system. A close relationship was revealed between the volume of postal and courier activities and GDP per capita (.946*), and foreign trade turnover and exports and imports (.897*). Furthermore, the correlation analysis showed that the cost of investments in developing data processing services decreases with an increase in GDP and the volume of communication services. The findings of this study are relevant for governmental bodies operating in the field of logistics and transportation. Moreover, they are valuable for the digitalization of existing and designing new logistics systems as a factor in the development of the economy.Acknowledgment
The study was carried out within the framework of grant funding IRN AP14869297 by the Science Committee of the Ministry of Science and Higher Education of the Republic of Kazakhstan “Priorities and mechanisms against rural women of Kazakhstan unequal access to the resources”.