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• Advancing Sustainable Waste Management through National Recycling Rate under SDG 12.5.1

  61-72

  Gabi Mustapha Muhammad

  Alexandra Truzsi

  Views:

  194

  Solid waste management remains a pressing environmental challenge in both developed and developing nations. Recycling has been promoted globally as a key pathway to sustainability, yet recycling rates often provide only a partial picture of performance. In many contexts, challenges such as poorly regulated recycling policies, informal sector dominance, and practices that prioritize profit over environmental sustainability limit progress towards Sustainable Development Goal (SDG) 12.5.1, which tracks the national recycling rate. This study investigates the extent to which recycling rates reflect sustainable waste management and identifies the underlying factors that influence their effectiveness. The major objective of this study is to evaluate recycling rates as an indicator of sustainable waste management. This is further specified by: (i) examining recycling practices in selected countries (Germany, South Korea, USA, Brazil, and India), (ii) identifying key drivers and barriers that influence recycling performance, and (iii) assessing the implications of recycling rates for sustainable waste management systems. The study employed a mixed-methods approach, combining secondary data analysis, comparative country assessment, and policy review. Results show that recycling rates are useful but insufficient as a stand-alone measure of sustainability, since they are influenced by broader elements such as policy enforcement, economic incentives, public participation, and market structures. The findings highlight that Nigeria’s recycling rate remains significantly low compared to leading economies, underscoring the need for integrated waste management reforms. This research contributes to environmental management discourse by demonstrating that while recycling rates provide a benchmark for SDG 12.5.1 monitoring, they must be interpreted alongside contextual drivers to ensure meaningful progress towards sustainable waste management.

• The Empirical Examination of Firm Value Drivers Regarding the Global Financial Crisis

  213-222

  Anita Kiss

  Views:

  246

  The article focuses the corporate value creation and the most important value drivers. The first goal of the paper is to classify the most relevant value drivers, and their function of the firms’ value. Further objective of this study is to introduce the effects of the 2007-2008 global financial crisis. This article demonstrates the following. The first part presents the value chain and illustrates the primary and the support activities of the corporates. The second section briefly presents the 2007-2008 financial global economic crisis, introducing its causes, events and financial aspects. The third empirical part of the article analyses the database featuring data from 18 European countries, 10 sectors and 1553 firms in the period between 2004 and 2011. At the end, the fourth part contains conclusions. Based on the related literature reviewed and in the conducted empirical research it can be assessed that 2008 can be seen unambiguously as the year of the financial crisis. In this year, all predictors had a negative effect on the criterion variable, the firm value.

• Project Risks and Risky Projects

  164-189

  Pál Michelberger

  Ágnes Kemendi

  Views:

  444

  Projects are key drivers of organizational change, both their failure and success can have significant impact on the organizational performance. Risks may arise throughout the entire project life cycle. Managing these and initial project planning uncertainties is an important task of Project Management. The study describes the application of traditional project management tools and methods in risk analysis, -evaluation and -treatment based on modern project and risk management standards and recommendations. The authors also examine the link between classic project management objectives (project time - resources – scopes) and risk-based decision-making. The different scale and scope of projects call for different responses to the associated risks. The study highlights the possible role of the ISO 31000 risk management standard package in project risk management. The authors analyse the risk management of the different projects on the basis of processing relevant literature, including the relationship of the project stakeholders to the risks. R&D, agile projects and project portfolios have specific and complex risk exposures, but their project management can provide several „hidden” risk analysis and - treatment functions.

• An Overview of the Situation of SMEs in Hungary in Catching up to Industry 4.0

  72-80

  Zita Popovicsné Szilágyi

  Views:

  323

  Since I have been working I have been in contact with small and medium-sized enterprises (SMEs) and large companies in various ways. I have thus been confronted with the disadvantages of the former in terms of the introduction and use of 4IF technologies.  Yet most of them are aware that to remain competitive in the market, they cannot avoid digitising their operational processes to some extent. I have also found that this mainly depends on the characteristics of the organisation; for example, its orientation. Domestic SMEs are therefore currently at a competitive disadvantage in the market. However, there is no information on whether there is a trend towards development and where they themselves should develop. This would help them to develop the right, achievable vision for the future, coupled with a feasible business strategy.