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Journal ArticleDOI

The role of universities in disseminating the social responsibility practices of insurance companies

21 Jun 2019-Problems and perspectives in management (Viktor Trynchuk, Inna Khovrak, Robert Dankiewicz, Anna Ostrowska-Dankiewicz, Anna Chushak-Holoborodko)-Vol. 17, Iss: 2, pp 449-461
TL;DR: In this paper, the authors conducted a survey among full-time students-financiers at domestic universities in September and October 2018 to determine the role of universities in disseminating the social responsibility practices in the insurance sector.
Abstract: The desire and ability to apply the concept of social responsibility is directly proportional to a culture that is formed due to the relevant knowledge, skills and qualifications. It is believed that university education is able to interest future owners, experts and clients of insurance companies in running socially responsible activities.The purpose of the study is to determine the role of universities in disseminating the social responsibility practices in the insurance sector.The main method of research is the survey conducted among 536 full-time students-financiers at domestic universities in September and October 2018. This method allowed to identify peculiarities of students’ perception of the social responsibility concept in the insurance sector of Ukraine. The case study method was also applied to reflect the social responsibility practices used by domestic insurance companies.As a result of the combination of the methods proposed, the low level of students’ knowledge of social responsibility in the insurance sector and the low interest of insurance companies as compared to foreign insurance companies have been shown. That is why, in the process of training, it is important for universities to focus on the proper world-view positions and value orientations, dialog and ethical cooperation that will enhance the professional training of students and develop modern professional competence among them that will meet international practices and requirements.

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Citations
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Journal ArticleDOI
TL;DR: This work proposes an integrated approach for sustainability performance assessment in qualitative and quantitative perspectives by using principal component analysis to cut the number of evaluation indices and using Analytic Hierarchy Process to rank the indices through the expert's domain-related knowledge.
Abstract: To stay competitive in a business environment, continuous performance evaluation based on the triple bottom line standard of sustainability is necessary. There is a gap in addressing the computational expense caused by increased decision units due to increasing the performance evaluation indices to more accuracy in the evaluation. We successfully addressed these two gaps through (1) using principal component analysis (PCA) to cut the number of evaluation indices, and (2) since PCA itself has the problem of merely using the data distribution without considering the domain-related knowledge, we utilized Analytic Hierarchy Process (AHP) to rank the indices through the expert’s domain-related knowledge. We propose an integrated approach for sustainability performance assessment in qualitative and quantitative perspectives. Fourteen insurance companies were evaluated using eight economic, three environmental, and four social indices. The indices were ranked by expert judgment though an analytical hierarchy process as subjective weighting, and then principal component analysis as objective weighting was used to reduce the number of indices. The obtained principal components were then used as variables in the data envelopment analysis model. So, subjective and objective evaluations were integrated. Finally, for validating the results, Spearman and Kendall’s Tau correlation tests were used. The results show that Dana, Razi, and Dey had the best sustainability performance.

54 citations

Proceedings ArticleDOI
21 Sep 2020
TL;DR: In this paper, a model of organizational and managerial competence of the next generation of electrical engineers is developed, based on the professional standard "Electrical engineer in the energy sector of the energy supply company", the National Classifier of Ukraine DK 003: 2010 "Classifier of professions" and the educational curriculums of "Electromechanical automation systems and electric drive".
Abstract: Modern electrical engineer must have not only knowledge of professional and fundamental natural sciences, but also the technology of management too. Therefore, it is necessary to have organizational and managerial competencies, the formation of which begins while studying at the university. The purpose of this research is to form a model of organizational and managerial competence of the next generation electrical engineers. To achieve this goal, in article were analyzed the professional standard “Electrical Engineer in the energy sector of the energy supply company”, the National Classifier of Ukraine DK 003: 2010 “Classifier of professions” and the educational curriculums of “Electromechanical automation systems and electric drive”. A model of organizational and managerial competence of electrical engineers was developed.

14 citations


Cites background from "The role of universities in dissemi..."

  • ...From the point of view of interaction of business and university at preparation of engineers of electricians such authors study: Trunina & Khovrak forming the competencies of specialists as a basis for ensuring their attractiveness in the labor market [10, 11]; Kratt, Zagirniak & Perevozniuk proposes an instrument enabling an entrant to make a rational choice of the future profession according to the needs of the labor market taking into account the choice of competencies [12]; Robert Dankiewicz & others are studying the problems of formation the knowledge, skills and qualifications for formation competence [13, 14]....

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Proceedings ArticleDOI
21 Sep 2020
TL;DR: In this paper, the authors outline the determinants of academic entrepreneurship development in Ukraine, as well as substantiate the performance indicators, and propose an approach to improve the quality of higher education, establish cooperation with business and to take into account the needs of the modern market and the region in the training of specialists.
Abstract: Academic entrepreneurship is the link between higher education institutions and business, which satisfies the combination of basic (engineering) and additional (entrepreneurial) education. The purpose of the article is to outline the determinants of academic entrepreneurship development in Ukraine, as well as to substantiate the performance indicators. Research methods: analysis and synthesis (for determining determinants of academic entrepreneurship development in Ukraine); system-structural analysis (for determining performance indicators); abstract-logical (for theoretical summarization and conclusion); graphics (for visualization of the model of sustainable academic entrepreneurship). Results of the research: system of advantages and limitations of academic entrepreneurship development for higher education institutions, students and the region; stages of creation sustainable academic entrepreneurship; performance indicators for determining the ability of a higher education institution to create and maintain the functioning of academic entrepreneurship (scientific capacity, financial capacity, organizational capacity). The proposed approach allows to improve the quality of higher education, to establish cooperation with business and to take into account the needs of the modern market and the region in the training of specialists.

14 citations

Proceedings ArticleDOI
21 Sep 2020
TL;DR: In this article, the authors investigated the role of higher education and higher engineering education in accelerating the accumulation of human capital at the micro-, meso-and macro levels, what is a prerequisite for building a fundamental knowledge economy in the country.
Abstract: The paper presents the results of investigations of the of studying the role of higher education and higher engineering education in accelerating the accumulation of human capital at the micro-, meso- and macro levels, what is a prerequisite for building a fundamental knowledge economy in the country. The forms of influence of higher engineering education on the speed of the processes of accumulation of human capital are determined. The main vectors of development of higher education in Ukraine during the period of its independence are indicated. Legislative initiatives of Ukraine aimed at strengthening the positive influence of higher education development trends on the processes of human capital accumulation are systematized. The key directions of the strategic development of higher engineering education of Ukraine are substantiated.

12 citations

References
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Journal ArticleDOI
TL;DR: For the better part of 30 years now, corporate executives have struggled with the issue of the firm's responsibility to its society, and it became quickly apparent to everyone, however, that this pursuit of financial gain had to take place within the laws of the land.

7,143 citations


"The role of universities in dissemi..." refers background in this paper

  • ...In the early 1990’s, Carroll (1991) proposed a corporate social responsibility model in the form of a pyramid....

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25 Apr 2017

24 citations


"The role of universities in dissemi..." refers background or methods in this paper

  • ...In fact, according to the Corporate Social Responsibility Monitor survey, the factors of corporate social responsibility determine the company’s image in 49%, its brand – in 35%, and the financial position – in 10% (Okhrimenko & Hranchenko, 2018, p. 619; Bobko, 2016; Shyra & Ivashchenko, 2013)....

    [...]

  • ...Bobko (2016) considers corporate social responsibility as a long-term strategy of the organization, which is based on humanistic values, determined by the principles of sustainable development, accountability and transparency and is characterized by high standards of operational and production…...

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Journal ArticleDOI
TL;DR: In this paper, the authors explore the relation of social embeddedness and the level of interpersonal trust in two significantly different cultures (Russian and Hungarian) and find that the Hungarians trust their peers more than the Russians do.
Abstract: DOI: 10.14254/2071789X.2017/10-4/13 ABSTRACT. Trust is the basis of social relations and the building block of every society. However, various societies have different levels of social trust, which is a consequence of various cultural dimensions’ as well as historic and economic variables’ interplay. The paper intends to explore the relation of social embeddedness and the level of interpersonal trust in two significantly different cultures – Russian and Hungarian. The results presented in the article are, on the one hand, the outcomes of secondary analysis of the data obtained from the World Values Survey and the European Social Survey, on the other hand, they also offer an insight into the still ongoing primary research on 585 students in business higher education in Hungary and Russia. The results indicate that although there are gender and other demographic variables based differences, social embeddedness and national culture (values, attitudes, behaviour) is of relevant influence on the level of interpersonal trust. According to the data presented, the Hungarians – despite being a lowtrust nation – in general trust their peers more than the Russians do. However, if we distinguish between two forms of trust – thick and thin – the Hungarians then achieve significantly higher scores in thin trust only.

18 citations


"The role of universities in dissemi..." refers background in this paper

  • ...All measures and projects on social responsibility development will ensure the growth of confidence indicator (Lazányi et al., 2017), full and honest informing of consumers of insurance services and clients about offers on insurance coverage....

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Journal ArticleDOI
TL;DR: In this paper, a systematic approach to the realization of the purpose of the study allowed solving the main tasks: systematization of the strengths of Scottish education, justification of the impact of university social responsibility on providing ethical leadership in education, comparing the main indicators of the process of providing educational services in Scotland and Ukraine, and the synergetic effect from the application of the concept of ethical leadership is achieved as a result of the interaction of all participants in the educational process.
Abstract: The globalization of educational space shows that university education should meet the needs of society based on the ethical principles of interaction between participants of educational process and use innovative teaching methods. Therefore the purpose of the study is to substantiate the importance of convergence of systems of education at Scottish and Ukrainian universities in order to provide ethical leadership in the field of education. A systematic approach to the realization of the purpose of the study allowed solving the main tasks: systematization of the strengths of Scottish education, justification of the impact of university social responsibility on providing ethical leadership in education, comparing the main indicators of the process of providing educational services in Scotland and Ukraine.As a result, it is established that the synergetic effect from the application of the concept of ethical leadership is achieved as a result of the interaction of all participants in the educational process, namely: the state (awareness and realization of the social mission to develop the potential of youth); universities (development of educational programs taking into account the needs of modern society and the use of teaching methods capable of forming the necessary competences for future specialists); students (interest in obtaining quality education).

16 citations


"The role of universities in dissemi..." refers background in this paper

  • ...…university education is capable of influencing the process of personality formation in the context of modern tendencies to ensure responsible development and to neutralize the processes and phenomena of negative development of society, which can threaten future generations (Zagirniak et al., 2018)....

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Journal ArticleDOI
10 May 2018
TL;DR: In this article, the authors developed a set of marketing measures that would contribute to the formation of a positive corporate image of business entities and support it in the long run, and the relationship between the research subject and the consumer needs is highlighted.
Abstract: Nowadays, the development of an effective corporate image model is a topical issue. Under increasing competition in many economic spheres, forming the company’s reputation and meeting the growing needs of consumers are especially noteworthy. The purpose of the article is to develop a set of marketing measures that would contribute to the formation of a positive corporate image of business entities and support it in the long run. The relationship between the research subject and the consumer needs is highlighted. The article deals with the features of behavioral economics and general approaches to shaping the corporate image. It is proposed that business entities should take into account five target segments, including clients, suppliers, shareholders, employees, and intermediaries when forming a positive corporate image. It is noted that each of these subjects is an “econ” who does not make rationalistic decisions, but places emphasis on spontaneity and emotionality. It is also noted that it is difficult to predict the situation of forming a positive corporate image of business entities. The results of this article can be used in further research and taken into account when creating a corporate image of an enterprise.

14 citations


"The role of universities in dissemi..." refers background in this paper

  • ...It should be noted that when creating a positive corporate image, business entities have to consider five target segments: clients, suppliers, shareholders, employees and intermediaries (Polinkevych & Kamiński, 2018)....

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