Continual Covid-19 Impact and Business Sustainable Development-The Case of Alibaba
DOI: 10.23977/acccm.2023.050110 | Downloads: 63 | Views: 612
Author(s)
Qian Zhangwei 1
Affiliation(s)
1 School of Economics, Shanghai University, Shangda Street, Shanghai, China
Corresponding Author
Qian ZhangweiABSTRACT
Purpose - Although the peak of the new crown epidemic has passed, the epidemic continues to affect it. In the postepidemic era, how companies maintain a certain degree of influence is essential. Therefore, the call for sustainable development and corporate social responsibility is becoming increasingly important. At present, some research has been done on how a certain company can develop sustainably in the postepidemic era, but it is still extremely limited. Therefore, this article analyzes and studies Alibaba's sustainable development strategies in the post-epidemic era. Design/methodology/approach - This article focuses on analyzing the "two dimensions" and "two aspects" of Alibaba's corporate sustainable development, and also uses corporate data to analyze the results of the group's use of sustainable development strategies. Corporate social responsibility refers to the obligation of enterprises to protect and promote the welfare of the whole society when making management decisions. At the same time, it also searched for social data. From an overall point of view, the company uses sustainable development strategies and pays attention to the results of corporate social responsibility. Findings - From the relevant data, Alibaba Group has not been affected in the postepidemic era after using the sustainable development strategy. At the same time, corporate social responsibility efforts can reduce operating costs in the long run, mainly in the following seven aspects: negative elimination, ESG integration, and shareholder participation strategies. Originality/value - The research focuses on the Alibaba Group's contribution to sustainable development and corporate social responsibility. It is more targeted than the entire commercial industry and analyzes the problems more profoundly. Moreover, the company is representative in the industry, and its sustainable development strategy can be used as a reference for other companies in the industry.
KEYWORDS
Post-epidemic Era, Corporate Social Responsibility, Sustainable Development, ImpactCITE THIS PAPER
Qian Zhangwei, Continual Covid-19 Impact and Business Sustainable Development-The Case of Alibaba. Accounting and Corporate Management (2023) Vol. 5: 69-76. DOI: http://dx.doi.org/10.23977/acccm.2023.050110.
REFERENCES
[1] Shi Shanying.,(2020) The Impact of COVID-19 on Chinese small and mediumsized enterprises and countermeasures, Management Innovation,7,6-7.
[2] Fang Lingyuan. (2020) A Brief Analysis of Corporate Social Responsibility. Business Culture,33,57-58.
[3] Li Xueshu., Wang Haidong. (2020) Research on the Sustainable Development of Chemical Enterprises from the Perspective of Social Responsibility. China Management Information,23,50-51.
[4] Wang Juan., Li Jiaxi. (2020) Corporate social responsibility and sustainable development - based on Alibaba's exploratory case study, Managing Change,2,73-78.
[5] Wang Ye., (2020) On the Importance of Social Responsibility of Small and Medium-sized Enterprises in China, Journal of Luohe Vocational Technology College,19,56-58.
[6] Xu Yida., (2017) The impact of corporate social responsibility on the sustainable development of enterprises, Cooperative economy and technology,6,78-79.
[7] Yu Hang., Ye Nan. (2020) Research Progress on Sustainable Development and Corporate Social Responsibility in China, Journal of Guizhou Normal University (Social Science Edition),2,91-103.
[8] Yuan Xiaosheng., (2019) Analysis on the strategy of sustainable development of enterprises under the new situation, China Management Information, 22,133-134.
[9] Zhao Yuanyuan., (2020) Self-help strategies for enterprises and development under the new coronavirus epidemic, Industry and Technology Forum,19,85-86.
[10] Zheng Jixing., Ni Yaqing (2020) Research on the Countermeasures for Enterprises to Undertake Social Responsibility., Northern Economy and Trade, 10,127-129.
[11] Zhu Yuhan., (2020) The impact of corporate social responsibility on corporate value, Fortune Today (China Intellectual Property), 8,181-182.
Downloads: | 15501 |
---|---|
Visits: | 193905 |
Sponsors, Associates, and Links
-
Information Systems and Economics
-
Accounting, Auditing and Finance
-
Industrial Engineering and Innovation Management
-
Tourism Management and Technology Economy
-
Journal of Computational and Financial Econometrics
-
Financial Engineering and Risk Management
-
Social Security and Administration Management
-
Population, Resources & Environmental Economics
-
Statistics & Quantitative Economics
-
Agricultural & Forestry Economics and Management
-
Social Medicine and Health Management
-
Land Resource Management
-
Information, Library and Archival Science
-
Journal of Human Resource Development
-
Manufacturing and Service Operations Management
-
Operational Research and Cybernetics