Greenwashing, the phenomenon of misleading stakeholders concerning the environmental sustainability efforts of a company, may undermine the trust of people to a company or to a whole industry and the progress toward sustainability. This paper provides an extensive Literature Review about the evolution of Corporate Social Responsibility (CSR) into Environmental, Social and Governance (ESG) criteria and their relationship with the Greenwashing Phenomenon. It also examines the historical and regulatory contexts, causes, consequences and mitigation strategies of this phenomenon. By analyzing the market distortions and the environmental harm that may be linked to the Greenwashing Phenomenon, the study highlights the need for enhanced regulation, improved transparency and stakeholder vigilance. The methods employed in this paper include a thematic analysis of the literature and qualitative case study comparisons to derive insights into the multifarious impacts of greenwashing. Such case studies provided in this paper concern companies such as Volkswagen, Zara, Coca-Cola and BP.

In this paper, key elements about the Fourth Industrial Revolution are set under examination. Concerns, challenges, and opportunities related to the Industry 4.0 are analyzed, and specific policies to deal with the challenges and take advantage from the opportunities are proposed. Other issues that are set under consideration in this paper are the rate at which the human labor is threatened by the technological achievements, the main factors that increase workers’ exposure to the risk of automation, the jobs that are more at risk due to automation, and the basic factors that make political intervention necessary in order to deal with the unpredictable consequences of the technological progress such as the threat of a nuclear disaster and a possible income and social inequality gap widening. Finally, a special reference is done for the case of Greece.

This study investigates how target firms’ accrual-based earnings management affects the likelihood of cross-border mergers and acquisitions completion failure, emphasizing the roles of corruption, legal efficiency, and geographic distance. Using a sample of 496 European target firms involved in cross-border mergers and acquisitions, the analysis reveals a positive association between earnings management and deal withdrawal. While corruption and legal-system efficiency differences alone show no direct impact, their interaction with earnings management increases the likelihood of deal failure, particularly when target firms operate in more corrupt and less legally efficient countries than their acquirers. Geographic distance demonstrates weak evidence of a negative effect on deal completion when combined with increased earnings management levels. These findings underscore the critical role of earnings management in cross-border mergers and acquisitions outcomes, especially under high information asymmetry stemming from institutional differences.

Purpose: – The purpose of this paper is to report new original evidence on optimal holding periods and optimal asset allocations (Benartzi and Thaler, 1995). Design/methodology/approach: – The authors employ a number of different value functions, a recent dataset, different markets, and varying investment horizons. Findings: – The authors report original evidence across markets and over-time, employing different value functions and varying investment horizons. The results results indicate that, during the past decades, the optimal holding period (seven months during the whole period and four/five months during crises) is not affected by the value function employed, is in accordance with the Myopic Loss Aversion hypothesis, is consistent across markets, but is sensitive to economic crises and shorter to that reported in Benartzi and Thaler (12 months). The optimal asset allocation is also different to that of Benartzi and Thaler during crises periods and/or assuming value functions with probability distortion. Originality/value: – The paper employs a number of different value functions, with and without probability distortion; it compares investor behavior in three important international markets (USA, UK, Germany); as a further robustness test the authors use various investment horizons.

Food loss and food waste (FLFW) constitute a major global challenge with profound economic, environmental, and social consequences. This study examines how businesses in Greece’s food service and retail sectors perceive and manage food waste, integrating the triple bottom line framework—economic, environmental, and social sustainability—as the guiding analytical lens. The research aims to: (1) analyze perceptions, practices, and barriers to food waste reduction among businesses; (2) explore the relationship between awareness, business policies, technological adoption, and consumer-oriented strategies; and (3) situate the Greek experience within broader European and international contexts to identify transferable lessons for policy and business innovation. Drawing on a structured survey of 250 industry representatives and comparative international evidence, the study finds that although awareness of food waste is widespread, it remains weakly connected to structured policies, technology adoption, or operational practices. Businesses recognize economic opportunities in waste reduction—such as supply chain optimization and near-expiry discounting—but these remain underexploited due to a lack of strong regulatory and financial incentives. The findings highlight that addressing food waste is not only an environmental and ethical necessity but also a strategic opportunity to enhance economic resilience, competitiveness, and sustainability within the agri-food sector.

In this paper, we investigate the influential factors of Federal Housing Administration (FHA) mortgage loans, focusing our research interest on peer-to-peer (P2P) lending, the most successful FinTech lending model. We consider P2P lending an alternative source of financing that marginal borrowers use to pay the increased mortgage down payment, making them eligible to receive a mortgage from conventional banks. In other words, we examine whether and to what extent P2P lending has a positive impact on the FHA loans volume by providing the ability to circumvent the loan-to-value (LTV) cap policy. As a result, P2P lending can be seen as a means for ”rationed” borrowers to have access to the market by reducing inequalities and promoting financial inclusion, thus achieving Sustainable Development Goals (SDGs). We employ hand-collected data from FHA mortgages, P2P loans, and other economic factors from all 50 U.S. states during 2007–2017 and use panel data techniques for this purpose. Research shows that P2P lending, GDP per capita, population growth, broad money growth rate, interest rate, unemployment rate, new housing units, and consumer confidence Index produce effects on FHA loans. We show that P2P lending, a nonconventional determinant, is causally associated with a significant increase in the count and volume of FHA loans, implying that P2P lending has a positive impact on them. The ability of P2P to bypass mortgage supply constraints (tightened LTV caps) by providing small loans to borrowers to meet the increased down payment requirements is very important to policy-makers, as it shows that constraining the volume of mortgage loans may be not achieved. Macroprudential tools designed to control credit growth may prove ineffective, as the use of alternative forms of lending helps circumvent them and ultimately leads to excessive household leverage with all the risks that it poses to the financial system.