| Title: | Sustainable business practices and the role of digital technologies : a cross-regional analysis |
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| Authors: | ID Plečko, Samuel (Author)
ID Bradač Hojnik, Barbara (Author) |
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| Files: |  https://www.mdpi.com/2079-8954/12/3/97
 Sustainable_Business_Practices_and_the_Role_of_Digital_Technologies.pdf (484,67 KB)
MD5: B7DACCAF547A44FE7A1108F6BA8A0741
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| Language: | English |
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| Work type: | Scientific work |
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| Typology: | 1.01 - Original Scientific Article |
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| Organization: | EPF - Faculty of Business and Economics
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| Abstract: | This study examines the relationship between digital transformation and sustainable
practices within enterprises against the backdrop of global transformative forces framed within
the holistic paradigm of systems thinking. It examines the extent to which digital advances either
facilitate or impede the sustainable development of companies, while also considering the systemic
impact of demographic variables (such as gender, age, education), national income levels, and
geographical regions on business sustainability. Using data from the Global Entrepreneurship Monitor
(GEM), which encompasses 26,790 entrepreneurs in 47 countries, this research uses multinomial
regression to assess how these factors influence companies’ commitment to social and environmental
goals. A key finding is that the strategic use of digital technologies in sales processes significantly
increases the likelihood that entrepreneurs will integrate social and environmental considerations
into their decision-making. Notably, this conscientious approach to business is most prevalent among
entrepreneurs in Latin America and the Caribbean. Our findings underscore the central role of digital
technologies in driving sustainable business transformation while also highlighting the significant
influence of regional socio-environmental contexts on business sustainability orientations. |
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| Keywords: | digital transformation, sustainable transformation, digitainability, demographic factors, country income, geographical regions, multinomial regression, Cramer’s V, enterprises |
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| Publication status: | Published |
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| Publication version: | Version of Record |
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| Submitted for review: | 30.01.2024 |
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| Article acceptance date: | 13.03.2024 |
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| Publication date: | 14.03.2024 |
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| Year of publishing: | 2024 |
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| Number of pages: | str. 1-25 |
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| Numbering: | Vol. 12, issue 3. spec. iss., [art. no.] 97 |
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| PID: | 20.500.12556/DKUM-92120  |
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| UDC: | 005.8 |
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| ISSN on article: | 2079-8954 |
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| COBISS.SI-ID: | 189258755 |
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| DOI: | 10.3390/systems12030097 |
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| Publication date in DKUM: | 10.07.2025 |
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| Views: | 162 |
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| Downloads: | 8 |
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| Metadata: |    |
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| Categories: | Misc.
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