scholarly journals Transition to the Circular Economy in the Fashion Industry: The Case of the Inditex Family Business

2021 ◽  
Vol 13 (18) ◽  
pp. 10202
Author(s):  
Karina Nicolle Esbeih ◽  
Valentín Molina-Moreno ◽  
Pedro Núñez-Cacho ◽  
Bruna Silva-Santos
Keyword(s):  
Family Business ◽  
Circular Economy ◽  
Environmental Problem ◽  
Environmental Changes ◽  
Environmental Policies ◽  
Fashion Industry ◽  
Economy Model ◽  
Work Related ◽  
Transition Speed ◽  
The Family

Society is increasingly concerned about aspects of work related to sustainability. This leads organizations to reflect on the economic, environmental, and social problems that affect both current and future generations. When companies identify an environmental problem, they try to respond to it through changes in their environmental policies, aiming at the transition towards sustainability. In this context, the circular economy appears as a regenerative industrial system that replaces the concept of “end of life” with that of “restoration”. It is oriented to the use of renewable energies, eliminating the use of toxic chemicals, which are harmful to reuse. The theory of socio-emotional wealth describes the behavior patterns of family businesses in response to the environmental changes that occur and the reasons derived from the family character that make them move towards the circular economy model. This article studies the case of the Spanish textile manufacturing and distribution multinational Inditex, analyzing the information collected in its environmental balances in the period 2013–2018. The analysis allows us to observe the speed of Inditex’s transition to the circular economy. For this, transition speed indicators were formed in each of the dimensions of the circular economy model. The results of the study indicate areas in which the company is moving faster and those in which more effort is needed. Finally, a collection of good practices related to the CE used by Inditex is provided.

scholarly journals Family Business’s Transitioning to Circular Economy Model: The Case of “Mercadona”

2018 ◽  
Author(s):  
Pedro Nuñez-Cacho ◽  
Valentín Molina-Moreno ◽  
Francisco A. Corpas-Iglesias ◽  
Francisco J. Cortés-García
Keyword(s):  
Family Business ◽  
Circular Economy ◽  
Family Firms ◽  
Environmental Problem ◽  
Social Issues ◽  
Environmental Policies ◽  
Family Businesses ◽  
Building Models ◽  
The Family

Sustainability addresses environmental and social issues affecting this and future generations. When family businesses perceive that the community is disrupted, recognize an environmental problem and respond by implementing new environmental policies or regulations, the family business’s socio-emotional values press to transition to a more sustainable production system, such as the ‘Circular Economy.’ Drawing on the Dubin (1978) methodology—a paradigm for building models through deduction—we design a sustainable model, which shows family businesses’ responses to changes in the environment. It explains the reasons why family firms transition to the Circular Economy, based on the theory of Socio-Emotional Wealth (SEW). We check the model through the case study of the food retail leader in the Spanish market—Mercadona—which applies policies about energy, resources and waste to become a Circular Economy business model. Because of the strong family character of Mercadona, this case can be useful for the decision-making of other family businesses.

scholarly journals Family Business’s Transitioning to Circular Economy Model: The Case of “Mercadona”

2017 ◽  
Author(s):  
Pedro Nuñez-Cacho ◽  
Valentín Molina-Moreno ◽  
Francisco A. Corpas-Iglesias ◽  
Francisco J. Cortés-García
Keyword(s):  
Family Business ◽  
Circular Economy ◽  
Environmental Problem ◽  
Social Issues ◽  
Environmental Policies ◽  
Family Businesses ◽  
Energy Resources ◽  
Future Generations ◽  
The Family

Sustainability addresses environmental and social issues affecting this and future generations. When family businesses perceive that the community is disrupted, recognizes an environmental problem and responds by implementing new environmental policies or regulations. The family business’s socio-emotional values press to transition to a more sustainable production system, such as the circular Economy. Drawing on the Dubin (1978) methodology, we design a sustainable model, which shows family businesses’ response to changes in the environment. It explains the reasons why family businesses transition to Circular Economy, based on the theory of Socio-Emotional Wealth. We check the model through the case study of the food retail leader in Spanish market, Mercadona that applies policies about energy, resources and waste to became a circular economy business model.

Human Resources in the Family Business

2016 ◽  
Author(s):  
David Ransburg ◽  
Wendy Sage-Hayward ◽  
Amy M. Schuman
Keyword(s):  
Human Resources ◽  
Family Business ◽  
The Family

Making gender visible in family business: past and present

2012 ◽  
Vol 13 (1) ◽  
Author(s):  
Paloma Fernández Pérez ◽  
Eleanor Hamilton
Keyword(s):  
Family Business ◽  
Family Firms ◽  
Business Leadership ◽  
Legal Rules ◽  
Developed Economies ◽  
The Family ◽  
Interdisciplinary Synthesis ◽  
Complex Forms ◽  
Rules Of The Game

This  study  contributes  to  developing  our understanding of gender and family business. It draws on studies from the business history and management literatures and provides an interdisciplinary synthesis. It illuminates the role of women and their participation in the entrepreneurial practices of the family and the business. Leadership is introduced as a concept to examine the roles of women and men in family firms, arguing that concepts used  by  historians or economists like ownership and management have served to make women ‘invisible’, at least in western developed economies in which owners and managers have been historically due to legal rules  of  the  game  men,  and  minoritarily women. Finally, it explores gender relations and  the  notion  that  leadership  in  family business  may  take  complex  forms  crafte within constantly changing relationships.

Informalitas Dalam Formalitas: Sebuah Kajian Budaya Organisasi Perusahaan Keluarga

2018 ◽  
Vol 3 (2) ◽  
pp. 200
Author(s):  
Hardiyanti Munsi ◽  
Ahmad Ismail
Keyword(s):  
Cultural Values ◽  
Family Business ◽  
Participant Observation ◽  
National Level ◽  
Ideal Types ◽  
The Family ◽  
Formal Organizations ◽  
Religious Aspects ◽  
Depth Interviews ◽  
Big Men

This article intends to identify and to describe the unique structure and the managing style that owns primordial characteristics, that is giving significance to kinship, religion, and local Bugis cultural values, which made up the cultural system of PT. Hadji Kalla family business. Theoritically, this research was inspired from Weberian perspective on the ideal types of bureaucracy, that observes organizations (in this case is the family business) as one of the socio-cultural phenomena which is neutral and value-free, that is place aside its subjective aspects. The research was conducted in two locations, the head office and one of the branch offices using qualitative approach that relies on participant observation, in-depth interviews, and literature studies. The results of the research shows that the family business of PT. Hadji Kalla that has advanced into national level still prioritizes kinship, ethnicity, and religious aspects in the daily activities of the company. The value even take parts in providing the company’s colour to the urban societies in various districts where the company stands. This means that although the society has undergone transformations, it doesn’t mean that the primordial value, and the elements that exist outside of businesses (such as kinship, big men, religion, cultural values, and interest) do not influence the activities that are held in formal organizations. Therefore, the interventions of subjective aspects will always appear, followed with the application of the modern management system that is implemented by PT. Hadji Kalla company.

IMPLEMENTATION OF THE ECONOMIC CONCEPT OF A CLOSED CYCLE

2020 ◽  
Vol 2 (10) ◽  
pp. 4-10
Author(s):  
A. V. SAMOYLOV ◽  
◽  
A. P. DROZDOVA ◽  
S. M. MOLCHANOVA ◽  
◽  
...  
Keyword(s):  
Circular Economy ◽  
Renewable Energy Sources ◽  
Policy Instruments ◽  
Resource Consumption ◽  
Closed Cycle ◽  
Economy Model ◽  
Existing Problems ◽  
Economic Concept ◽  
Foreign Countries ◽  
Improved Design

The article discusses the basic principles of the implementation of the transition from a linear economy to a circular economy model. The article summarizes the existing problems that require solutions to create new jobs, increase economic growth, and create a balance between the economy, environment and population. The authors present examples of building a circular economy model in foreign countries. The importance of the tasks of implementing and promoting the circular economy was revealed, thanks to the involvement of all participants in the society in this process and the motivation for companies and investors. Effective tools for moving society towards a resource-efficient closed-cycle economy, increasing energy efficiency, energy conservation and reducing the energy intensity of the gross domestic product, due to the entry into a competitive level of renewable energy sources are investigated. The introduction of digital technologies and artificial intelligence in automated accounting of resource consumption, as well as the improvement of accounting rules will create opportunities for the end user to manage resource consumption taking into account the principles of a circular economy. The authors' study emphasizes that circular economy products and services should minimize resource use and promote reuse, recovery and recycling of materials in the future, leveraging existing product policy instruments, further support for the repair sector, improved design for reuse, and high-quality packaging recycling. The authors in the article propose to legislate the subsidizing of enterprises participating in the circular chain and subsidizing innovative developments in the field of the circular economy in the Russian Federation.

The effects of goals attainment on CEO-owner satisfaction and the role of family involvement

2019 ◽  
Vol 10 (2) ◽  
pp. 116-127
Author(s):  
Ondřej Machek ◽  
Jiří Hnilica
Keyword(s):  
Family Involvement ◽  
Family Business ◽  
Firm Value ◽  
Family Firms ◽  
Hierarchical Regression ◽  
Content Type ◽  
Business Goals ◽  
Growth Increase ◽  
The Family ◽  
Owner Satisfaction

Purpose The purpose of this paper is to examine how the satisfaction with economic and non-economic goals achievement is related to the overall satisfaction with the business of the CEO-owner, and whether family involvement moderates this relationship. Design/methodology/approach Based on a survey among 323 CEO-owners of family and non-family businesses operating in the Czech Republic, the authors employ the OLS hierarchical regression analysis and test the moderating effects of family involvement on the relationship between the satisfaction with different goals attainment and the overall satisfaction with the business. Findings The main finding is that family and non-family CEO-owner’s satisfaction does not differ significantly when economic goals (profit maximisation, sales growth, increase in market share or firm value) and firm-oriented non-economic goals (satisfaction of employees, corporate reputation) are being achieved; both classes of goals increase the overall satisfaction with the firm and the family involvement does not strengthen this relationship. However, when it comes to external non-economic goals related to the society or environment, there is a significant and positive moderating effect of family involvement. Originality/value The study contributes to the family business literature. First, to date, most of the studies focused on family business goals have been qualitative, thus not allowing for generalisation of findings. Second, there is a lack of evidence on the ways in which family firms integrate their financial and non-financial goals. Third, the authors contribute to the literature on the determinants of personal satisfaction with the business for CEOs, which has been the focus on a relatively scarce number of studies.

scholarly journals Owain Westmacott Richards, 31 December 1901 - 10 November 1984

1987 ◽  
Vol 33 ◽  
pp. 537-571 ◽  
Keyword(s):  
Local Government ◽  
Family Business ◽  
Medical Officer ◽  
Medical Practices ◽  
The Family ◽  
University College ◽  
Deputy Chairman ◽  
University College London ◽  
High Standards ◽  
The Town

Owain Westmacott Richards was born on 31 December 1901 in Croydon, the second son of Harold Meredith Richards, M.D., and Mary Cecilia Richards ( née Todd). At the time H. M. Richards was Medical Officer of Health for Croydon, a post he held until 1912 when he returned to the town of his birth, Cardiff, as Deputy Chairman of the newly formed Welsh Insurance Commission, the forerunner of the Welsh Board of Health. Owain Richards’s grandfather had a hatter’s business in Cardiff, which had been established by his father, who had migrated to Cardiff from Llanstephan in Carmarthenshire (now Dyfed). This great-grandfather was probably the last Welsh-speaking member of the family; his son discouraged the use of Welsh as ‘unprogressive’ and married a non-Welsh speaking girl from Haverfordwest. Harold Richards, being the youngest son, did not inherit the family business. On leaving school he worked for some years in a shipping firm belonging to a relative. He found this uncongenial and in his late twenties, having decided to become a doctor, he attended classes at the newly founded University College at Cardiff. Passing the Intermediate Examination he entered University College London, qualifying in 1891, taking his M.D. and gaining gold medals in 1892 and 1893. He was elected a Fellow of University College London in 1898. As medical practices had, at that time, either to be purchased or inherited, Harold Richards took a salaried post as Medical Officer of Health for Chesterfield and Dronfield (Derbyshire), soon moving to Croydon. After his work at Cardiff, he transferred, in 1920, to the Ministry of Health in London, responsible for the medical and hospital aspects of the Local Government Act, 1929 (Anon. 1943 a, b ). He retired in 1930 and died in 1943. His obituaries recorded that he was ‘excessively shy and modest’, that he always ‘overworked’ and had markedly high standards (Anon. 1943 a, b ). Such comments would be equally true of Owain.

scholarly journals Making Resilient Decisions for Sustainable Circularity of Fashion

2021 ◽  
Author(s):  
Celinda Palm ◽  
Sarah E. Cornell ◽  
Tiina Häyhä
Keyword(s):  
Value Chain ◽  
Circular Economy ◽  
Ecological Impacts ◽  
Ecological System ◽  
Fashion Industry ◽  
State Response ◽  
Social Ecological ◽  
Industry Value Chain ◽  
The Many ◽  
Sustainability Challenges

AbstractThe fashion and textiles industry, and policymakers at all levels, are showing an increased interest in the concept of circular economy as a way to decrease business risks and negative environmental impacts. However, focus is placed mainly on the material ‘stuff’ of textile fashion and its biophysical harms. The current material focus has several shortcomings, because fashion is a social-ecological system and cannot be understood merely by addressing its environmental dimensions. In this paper, we rethink the fashion system from a critical social-ecological perspective. The driver-state-response framework shows social drivers and ecological impacts as an adaptive social-ecological system, exposing how these interacting aspects need to be addressed for sustainable and resilient implementation of circular economy. We show how current responses to global sustainability challenges have so far fallen short. Our overall aim is to expand possibilities for reframing responses that better reflect the complex links between the global fashion system, culture and creativity and the dynamics of the living planet. We argue that reducing planetary pressure from the global fashion and textiles industry requires greater recognition of the system’s social drivers with more emphasis on the many cross-scale links between social and ecological dimensions. Resilient decisions aiming for sustainable circularity of the fashion industry must therefore pay attention to social activities beyond the industry value chain, not just material flows within it.

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