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Continual Covid-19 Impact and Business Sustainable Development-The Case of CEMEX

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DOI: 10.23977/acccm.2023.050201 | Downloads: 10 | Views: 392

Author(s)

You Tian 1

Affiliation(s)

1 School of Economics, Shanghai University, Shangda Street, Shanghai, China

Corresponding Author

You Tian

ABSTRACT

No doubt the Covid-19 pandemic has raged through the whole world and caused tremendous damage to almost all aspects of human society. In order to protect people from being infected, measures have been taken to control the movement of people in many countries, which reduced the frequency of commercial activities and resulted in the great recession of economy. In this article, based on the stakeholder theory and the management theories of enterprise, we attempt to comprehend how Covid-19 has influenced the construction industry corporations' economic and social activities. Through the analysis of financial report of CEMEX and its non-profit activities about Corporate Social Responsibility, we aim to provide reference for enterprises' environmental management and offer some advice to help promote their sustainable development.

KEYWORDS

Covid-19, Construction Industry Enterprise, Stakeholder Theory, Environmental Management, Sustainable Development

CITE THIS PAPER

You Tian, Continual Covid-19 Impact and Business Sustainable Development-The Case of CEMEX. Accounting and Corporate Management (2023) Vol. 5: 1-8. DOI: http://dx.doi.org/10.23977/acccm.2023.050201.

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