Review of Business and Economics Studies / Вестник исследований бизнеса и экономики, 2024, том 12, № 4
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Vol. 12 • No. 4 • 2024 ISSN 2308-944X (Print) ISSN 2311-0279 (Online) Review of Business and Economics Studies DOI: 10.26794/2308-944X The journal was reregistered in the Federal Service for Supervision of Communications, Informational Technologies, and Mass Media: PI No. ФС77–67072 of 15 September 2016 Издание перерегистрировано в Федеральной службе по надзору в сфере связи, информационных технологий и массовых коммуникаций: ПИ № ФС77–67072 от 15 сентября 2016 г. Publication frequency — 4 issues per year Founder: Financial University Периодичность издания — 4 номера в год Учредитель: Финансовый университет The Journal is included into the system of Russian Science Citation Index, Scopus, the Higher Attestation Commission (VAK) List of journals for scientifi c specialities: 5.2.3, 5.2.4, 5.2.5 Журнал включен в систему Российского индекса научного цитирования (РИНЦ), Scopus, Перечень изданий ВАК по научным специальностям: 5.2.3, 5.2.4, 5.2.5 The Journal is distributed by subscription. Subscription index: 42137 in the consolidated catalogue “The Press of Russia” Журнал распространяется по подписке. Подписной индекс 42137 в объединенном каталоге «Пресса России» The journal is published under the terms of Creative Commons Attribution 4.0 International (CC BY 4.0) license. Журнал публикует материалы на условиях лицензии Creative Commons Attribution 4.0 International (CC BY 4.0). Т. 12 • № 4 • 2024 ISSN 2308-944X (Print) ISSN 2311-0279 (Online) Вестник исследований бизнеса и экономики DOI: 10.26794/2308-944X
Review of Business and Economics Studies Stephen McGuire Dr. of Economics, Professor, College of Business and Economics, Faculty of Management, California State University, Los Angeles, USA Mikhail V. Zharikov Dr. Sci. (Econ.), Associate Professor, Professor of the Department of World Economy and World Finance, Faculty of International Economic Relations, Financial University, Moscow, Russia EDITOR-IN-CHIEF Pavel S. Seleznev Dr. Sci. (Political Science), Dean, Faculty of International Economic Relations, Professor, Department of Politology, Financial University, Moscow, Russia REVIEW OF BUSINESS Alexander Melnikov Dr. Sci. (Physics-Math.), Professor, Department of Mathematical Sciences and Statistical Sciences, University of Alberta, Edmonton, Canada AND ECONOMICS STUDIES (RoBES) is the quarterly peerDEPUTY EDITOR-IN-CHIEF Marina I. Sidorova Dr. Sci. (Econ.), Professor, Department of Audit and Corporate Reporting, Financial University, Moscow, Russia reviewed scholarly journal published by the Financial University under Nasibu R. Mramba Dr. of Business Informatics, Ag. Deputy Rector Academic Research & Consultancy, College of Business Education, Dar Es Salaam, Tanzania the Government of the Russian MANAGING EDITOR Alexei M. Botchkarev Cand. Sci. (Tech.) Financial University, Moscow, Russia Federation, Moscow. Journal’s mission is to provide scientific perspective on topical economic Sergey A. Polevoy Dr. Sci. (Tech.), Associate Professor, Professor, Department of Management, Higher School of Management, Financial University, Moscow, Russia and business subjects. EDITORIAL BOARD Sanjaya Acharya Dr. of Economics, Professor, Department of Economics, Faculty of Humanities and Social Sciences, Tribhuvan University, Kathmandu, Nepal CONTACT INFORMATION Financial University Thomas Renström Dr. of Economics, Professor, Business School, Department of Economics and Finance, Durham University, Durham, UK Leningradsky prospekt, 53, office 5.6 125167, Moscow, Nikolai P. Belyatsky Dr. Sci. (Econ.), Professor, Head of the Department of Organization and Management, Faculty of Economics and Management, Belarusian State University of Economics, Minsk, Republic of Belarus Russian Federation Boris Rubtsov Dr. Sci. (Econ.), Professor, Deputy Chairman of Department of Financial Markets and Banks for R&D, Financial University, Moscow, Russia Telephone: +7 (499) 553-10-74 (internal 10-88) Website: https://rbes.fa.ru/jour Alan Sangster Dr. of Economics, Professor, Business School, King’s College, University of Aberdeen, Aberdeen, UK Konstantin P. Gluschenko Dr. Sci. (Econ.), Professor, Chief Scientist, Institute of Economics and Organization of Industrial Production, Siberian Branch of RAS, Novosibirsk, Russia AUTHOR INQUIRIES Inquiries relating to the submission of articles can be sent by electronic Sabu Thomas PhD., Professor, Vice Chancellor, Mahatma Gandhi University, Kottayam, India Alexander I. Ilyinsky Dr. Sci. (Tech.), Professor, Scientific Supervisor, Global Studies Institute, Financial University, Moscow, Russia mail to ambotchkarev@fa.ru. COPYRIGHT AND PHOTOCOPYING © 2020 All rights reserved. Ivan N. Timofeev Cand. Sci. (Polit.), Assistant Professor, Moscow State Institute of International Relations (MGIMO), Russian International Affairs Council (RIAC), Moscow, Russia Lidia I. Kulikova Dr. Sci. (Econ.), Professor, Head of the Department of Accounting, Analysis and Audit, Kazan (Volga Region) Federal University, Kazan, Russia No part of this publication may be reproduced, stored or transmitted in any form or by any means without the prior permission in writing from the copyright holder. Igor Yu. Varyash Dr. Sci. (Econ.), Professor, Head of the Analytical Center for Financial Research, Financial Research Institute of the Ministry of Finance of the Russian Federation, Moscow, Russia Svetlana A. Lipina Dr. Sci. (Econ.), Professor, Deputy Head of the Council for the Study of Productive Forces, Russian Foreign Trade Academy, Moscow, Russia Single photocopies of articles may be made for personal use as allowed by national copyright laws. ISSN 2308-944X Bo Xu Dr. of Political Science, Professor, Vice Chair, Department of International Politics, Northeast Asian Studies College, Jilin University, Changchun City, China Dimitrios Mavrakis Dr. of Economics, Professor, Energy Policy and Development Centre, National and Kapodistrian University of Athens, Athens, Greece 2 rbes.fa.ru
Вестник исследований бизнеса и экономики Куликова Лидия Ивановна, д-р экон. наук, профессор, заведующая кафедрой учета, анализа и аудита, Казанский (Приволжский) федеральный университет, Казань, Россия Сюй Бо, доктор политических наук, профессор, заместитель руководителя, кафедра международной политики, Колледж исследований СевероВосточной Азии, Университет Цзилинь, г. Чанчунь, Китай ГЛАВНЫЙ РЕДАКТОР Селезнев Павел Сергеевич, д-р полит. наук, декан факультета международных экономических отношений, профессор департамента политологии, Финансовый университет, Москва, Россия Липина Светлана Артуровна, д-р экон. наук, профессор, заместитель председателя Совета по изучению производительных сил, Всероссийская академия внешней торговли, Москва, Россия ЗАМЕСТИТЕЛЬ ГЛАВНОГО РЕДАКТОРА Сидорова Марина Ильинична, д-р экон. наук, профессор кафедры аудита и корпоративной отчетности, Финансовый университет, Москва, Россия Тимофеев Иван Николаевич, канд. полит. наук, доцент, Московский государственный институт международных отношений (МГИМО), генеральный директор Российского совета по международным делам (РСМД), Москва, Россия Томас Сабу, д-р философии, профессор, проректор, Университет Махатмы Ганди, Коттаям, Индия Мавракис Димитриос, д-р экономики, профессор, Центр энергетической политики и развития (KEPA) Национального и Каподистрийского Университета Афин (NKUA), Афины, Греция ВЫПУСКАЮЩИЙ РЕДАКТОР Бочкарев Алексей Михайлович, канд. техн. наук, ст. науч. сотр., Финансовый университет, Москва, Россия Редакция научных журналов Финансового университета 125167, Москва, Макгуайр Стефен, д-р экономики, профессор, факультет менеджмента, Колледж бизнеса и экономики, Калифорнийский государственный университет, ЛосАнджелес, США РЕДАКЦИОННЫЙ СОВЕТ Ачарья Санджая, д-р экономики, профессор, департамент экономики, факультет гуманитарных и социальных наук, Трибхуванский университет, Катманду, Непал Ленинградский пр-т, 53, комн. 5.6 Тел. +7 (499) 553-10-74 (вн. 10-88) Мельников Александр, д-р физ.-мат. наук, профессор, факультет математических и статистических наук, Университет Альберты, Эдмонтон, Канада Интернет: https://rbes.fa.ru/jour Беляцкий Николай Петрович, д-р экон. наук, профессор, заведующий кафедрой организации и управления, факультет экономики и менеджмента, Белорусский государственный экономический университет, Минск, Республика Беларусь Журнал “Review of Business and Economics Studies” («Вестник исследований бизнеса Мрамба Насибу Раджабу, д-р бизнес-информатики, заместитель ректора по учебной и исследовательской работе, Колледж бизнес-образования, Дар-эс-Салам, Танзания и экономики») зарегистрирован в Федеральной службе по надзору в сфере связи, Варьяш Игорь Юрьевич, д-р экон. наук, профессор, руководитель Аналитического центра финансовых исследований, Научно-исследовательский финансовый институт Министерства финансов РФ, Москва, Россия информационных технологий Полевой Сергей Анатольевич, д-р техн. наук, доцент, профессор кафедры менеджмента, факультет «Высшая школа управления», Финансовый университет, Москва, Россия и массовых коммуникаций 15 сентября 2016 г. Свидетельство о регистрации Глущенко Константин Павлович, д-р экон. наук, главный научный сотрудник, Институт экономики и организации промышленного производства, Сибирское отделение РАН, Новосибирск, Россия ПИ № ФС77-67072. Ренстром Томас, д-р экономики, профессор, Школа бизнеса, факультет экономики и финансов, Даремский университет, Дарем, Великобритания Подписано в печать: 05.02.2025. Формат 60 × 84 1/8. Заказ № 143 Отпечатано в отделе полиграфии Рубцов Борис Борисович, д-р экон. наук, профессор, кафедра финансовых рынков и финансового инжиниринга, Финансовый университет, Москва, Россия Жариков Михаил Вячеславович, д-р экон. наук, доцент, профессор кафедры мировой экономики и мировых финансов факультета международных экономических отношений, Финансовый университет, Москва, Россия Финуниверситета (Москва, Ленинградский проспект, д. 49/2). 16+ Сангстер Алан, д-р экономики, профессор, Школа бизнеса, Абердинский университет, Королевский колледж, Абердин, Великобритания Ильинский Александр Иоильевич, д-р техн. наук, профессор, научный руководитель Института глобальных исследований, Финансовый университет, Москва, Россия 3
Review of Business and Economics Studies Volume 12, Number 4, 2024 A Systematic Literature Review on Sustainability Integration and Marketing Intelligence in the Era of Artificial Intelligence Md M. H. Emon, Tahsina Khan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Strategic Management of the Metaverse Ecosystem in the Context of Web 3.0: Theory, Framework and Tools Yulia Vertakova, Elena Shkarupeta. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 Assessing the Level of Employment in the Informal Sector of the Economy of Russian Regions Using Modern Machine Learning Methods Aleksey N. Borisov, Aleksandr I. Borodin, Roman V. Gubarev, Evgeny I. Dzuyba, Oksana M. Kulikova. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42 The Use of Artificial Intelligence Technologies in Energy and Climate Security Igbal A. Guliev, Agil Mammadov, Kanan Ibrahimli. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58 The Impact of Digital Transformation on Risk-Taking: An Empirical Study of Japanese Companies Shah M. Wagan, Sidra Sidra. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 72 Portfolio Management in International Syndicated Lending Alexey A. Tarasov. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 91 Time-Varying Connectedness Between Global Uncertainties and Economic Activity in a Developing Economy Using a Dynamic Conditional Correlation — GARCH Model Mohammed G. Abdulai, Andrews Salakpi, Ishaque Mahama . . . . . . . . . . . . . . . . . . . 106
Вестник исследований бизнеса и экономики № 4, 2024 Систематический обзор литературы по интеграции устойчивого развития и маркетинговой разведки в эпоху искусственного интеллекта Мд М. Х. Эмон, Тахсина Хан . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Стратегическое управление экосистемной метавселенной в контексте Web 3.0: теория, фреймворк и инструменты Юлия Вертакова, Елена Шкарупета. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 Оценка уровня занятости в неформальном секторе экономики регионов России с помощью современных методов машинного обучения Алексей Н. Борисов, Александр И. Бородин, Роман В. Губарев, Евгений И. Дзюба, Оксана М. Куликова. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42 Использование технологий искусственного интеллекта в энергетике и климатической безопасности Игбал А. Гулиев, Агиль Мамедов, Кянан Ибрагимли. . . . . . . . . . . . . . . . . . . . . . . . . 58 Влияние цифровой трансформации на принятие рисков: эмпирическое исследование японских компаний Шах М. Ваган, Сидра Сидра. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 72 Портфельный менеджмент в международном синдицированном кредитовании Алексей А. Тарасов. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 91 Исследование изменяющейся во времени связи между глобальной неопределенностью и экономической активностью в развивающейся экономике с использованием модели динамической условной корреляции — GARCH Мохаммед Г. Абдулай, Эндрюс Салакпи, Исхак Махама. . . . . . . . . . . . . . . . . . . . . 106
Review of Business and Economics Studies ORIGINAL PAPER DOI: 10.26794/2308-944X-2024-12-4-6-28 UDC 339.138(045) JEL I23, L86, D83, O33, C78 A Systematic Literature Review on Sustainability Integration and Marketing Intelligence in the Era of Artificial Intelligence M.M.H. Emona, T. Khanb a American International University-Bangladesh, Dhaka, Bangladesh; b Bangladesh University of Professionals (BUP), Dhaka, Bangladesh ABSTRACT The purpose of the study is to explore Artificial intelligence (AI) integration into sustainable marketing techniques highlights a transformational potential, combining modern technology with the urgent needs of sustainability. This article thoroughly examines how AI plays a crucial role in improving marketing intelligence by enabling more efficient and socially responsible marketing tactics that support sustainability goals. Method: The study examines how AI-driven insights and analytics enhance decision-making processes, improve customer engagement, and increase the impact of marketing campaigns on environmental and social outcomes by reviewing existing literature and practices. The conversation delves into the difficulties and moral aspects involved in using AI in marketing, such as issues related to data privacy, algorithmic bias, and the importance of a strategic framework that focuses on sustainable development goals. Results: The investigation shows a promising yet intricate marketing intelligence environment, where AI is seen as a crucial tool for balancing economic goals with the need for environmental sustainability and social responsibility. The research stresses the importance of continuous research, multidisciplinary teamwork, and policy creation to maximize the impact of AI on shaping sustainable practices in marketing intelligence. This study provides valuable contributions to the scholarly discussion around sustainable marketing and artificial intelligence, while also offering practical guidance for professionals operating in this dynamic commercial sector. Keywords: sustainable marketing; artificial intelligence; marketing intelligence; sustainability integration; consumer behavior; environmental impact; ethical marketing For citation: Emon M. M.H., Khan T. A Systematic Literature Review on Sustainability Integration and Marketing Intelligence in the Era of Artificial Intelligence. Review of Business and Economics Studies. 2024;12(4):6-28. DOI: 10.26794/2308-944X-2024-12-4-6-28 ОРИГИНАЛЬНАЯ СТАТЬЯ Систематический обзор литературы по интеграции устойчивого развития и маркетинговой разведки в эпоху искусственного интеллекта М.М.Х. Эмонa, Т. Ханb aАмериканский международный университет в Бангладеш, Дакка, Бангладеш; b Бангладешский университет профессионалов (BUP), Дакка, Бангладеш АННОТАЦИЯ Целью статьи является рассмотрение проблем интеграции искусственного интеллекта (ИИ) в методы устойчивого маркетинга с выделением трансформационного потенциала, объединяющего современные технологии с насущными потребностями устойчивого развития. В статье подробно рассматривается, © Emon M. M.H., Khan T., 2024 This work is licensed under the terms of a Creative Commons Attribution 4.0 International (CC BY 4.0) license. 6 rbes.fa.ru
A Systematic Literature Review on Sustainability Integration and Marketing Intelligence in the Era of Artificial Intelligence как ИИ играет решающую роль в улучшении маркетинговой разведки (аналитики), обеспечивая более эффективную и социально ответственную маркетинговую тактику, способствующую достижению целей устойчивого развития. Методы: в исследовании на основе анализа существующей литературы и практики рассматривается, как основанные на ИИ идеи и аналитика улучшают процессы принятия решений, взаимодействие с клиентами и увеличивают влияние маркетинговых кампаний на экологические и социальные результаты. Рассматриваются трудности и моральные аспекты, связанные с использованием ИИ в маркетинге, такие как вопросы, связанные с конфиденциальностью данных, алгоритмической предвзятостью и важностью стратегической структуры, ориентированной на цели устойчивого развития. Результаты: исследование показывает многообещающую, но сложную среду маркетинговой разведки, где ИИ рассматривается как важнейший инструмент для балансирования экономических целей с необходимостью экологической устойчивости и социальной ответственности. В статье подчеркивается важность непрерывных исследований, междисциплинарной командной работы и разработки политики для максимального увеличения влияния ИИ на формирование устойчивых практик в маркетинговой разведке. Исследование вносит ценный научный вклад в дискуссию об устойчивом маркетинге и искусственном интеллекте, а также предлагает практические рекомендации для специалистов, работающих в этом динамично развивающемся коммерческом секторе. Ключевые слова: устойчивый маркетинг; искусственный интеллект; маркетинговая разведка; интеграция устойчивого развития; поведение потребителей; воздействие на окружающую среду; этичный маркетинг Для цитирования: Emon M. M.H., Khan T. A Systematic Literature Review on Sustainability Integration and Marketing Intelligence in the Era of Artificial Intelligence. Review of Business and Economics Studies. 2024;12(4):6-28. DOI: 10.26794/2308-944X-2024-12-4-6-28 is a strategic facilitator that is transforming the marketing intelligence field. The integration of AI into marketing strategies is now highly important, as shown by the substantial expenditures and strategic actions done by these companies [2, 3]. Although the industry is moving forward, academic marketing research has not yet offered thorough guidance on efficiently using AI’s benefits for powerful marketing tactics. This study tries to fill this essential gap. With AI projected to become a $ 126 billion sector by 2025, firms must grasp its impact on sustainable marketing techniques in order to navigate this evolving terrain effectively [4]. Introduction In today’s rapidly changing business environment, the combination of technical advancements and changing customer tastes has brought about a new age of significant changes. A noticeable trend in this dynamic environment is the growing incorporation of sustainability ideas into marketing tactics [1]. The growing impact of artificial intelligence (AI) has significantly influenced several aspects of corporate operations, particularly marketing strategies. This introduction provides a starting point for a thorough examination of how sustainable integration, marketing intelligence, and the pervasive influence of AI interact [2]. This narrative establishes the framework for a systematic literature analysis by extensively outlining the paper’s goals, offering information on sustainability in marketing, and highlighting the significant role of AI in these interrelated worlds. Prominent organizations have utilized AIbased technologies to transform their marketing channels and communicate with customers more efficiently [3]. Industry giants like Amazon, Google, and Microsoft have utilized advanced AI algorithms to examine customer behavior, tailor marketing material, and enhance advertising tactics [3]. These organizations are good examples of how AI is more than just a technology tool; it Aim of the paper In today’s business environment, the incorporation of sustainability into marketing strategies has become a crucial priority due to increased environmental awareness, social responsibility expectations, and fast technological progress. This research delves into the complex interaction between sustainability principles and marketing intelligence in the context of artificial intelligence (AI). The main goal is to provide a thorough literature review to analyze the changing dynamics where sustainability, marketing intelligence, and artificial intelligence interact. This study aims to provide significant insights from current work on integrating sustainability 7
Review of Business and Economics Studies and marketing intelligence within the realm of artificial intelligence. The study aims to analyze existing research in detail to outline main topics, uncover new trends, and highlight areas where information is lacking. This literature review provides a thorough overview of the current studies on sustainability, marketing intelligence, and artificial intelligence. The study aims to offer practical insights for firms dealing with the intricate relationship between sustainability objectives and marketing strategies in the AI era by analyzing current research. Key stakeholders will benefit from the information provided to match business activities with sustainability principles, meeting consumer expectations and regulatory needs. Policymakers aiming to influence rules on sustainable business practices will gain insight from a thorough comprehension of the obstacles and advantages associated with incorporating AI in sustainable marketing [5]. Researchers investigating the intersection of sustainability, marketing intelligence, and AI will find this literature review helpful in pinpointing areas for further research. Identifying important themes and trends will direct future research efforts, while recognizing current gaps in the literature encourages researchers to participate in the developing discussion. This study intends to provide guidance in the ever-changing field of sustainable marketing intelligence in the age of artificial intelligence. This systematic literature review aims to shed light on the current state and set the stage for the future. This future envisions businesses operating with skill, policymakers implementing well-informed regulations, and researchers pushing the boundaries of knowledge in the areas of sustainability, marketing intelligence, and AI. To increase the attractiveness for further reading, the repetition of phrases and groupings of words has been reduced. Background of AI in marketing The integration of sustainability principles in marketing Businesses are realizing the need to incorporate sustainability ideas into their marketing strategy due to changes in customer behavior. Sustainability is now seen as a competitive differentiation rather than just a business obligation or compliance necessity [6]. Organizations are recognizing that sustainable practices may improve brand reputation, increase consumer loyalty, and lead to long-term financial success, in addition to benefiting society and the environment. A recent study indicates a significant change in consumer behavior, showing a growing desire for ethically produced and sustainable products [7]. Changing customer opinion is a key factor motivating organizations to include sustainability into their marketing strategies. Modern customers are well-informed, socially aware, and selective when making purchases, preferring businesses that share their values and support larger social and environmental objectives [8]. Integrating sustainability into marketing tactics is a response to the changing demands of ecologically and socially concerned consumers, rather than just a strategic decision. Sustainability integration in marketing involves several aspects of a company’s operations. Businesses are moving beyond greenwashing and embracing a comprehensive approach that integrates sustainability throughout their whole value chain. Companies are investing more in eco-friendly product design by using sustainable materials and production procedures to reduce environmental effects [9]. Product-level sustainability that matches customer preferences may provide a compelling story for marketing initiatives. Sustainability integration also focuses on responsible supply chain management, where businesses carefully examine their supply chains to guarantee ethical sourcing, fair labor practices, and reduced environmental effect. This dedication to responsible sourcing satisfies customers’ ethical standards and offers marketing teams genuine and engaging narratives to share with the public. Recent research highlights the significance of clear communication regarding sustainable supply chain policies, as it builds confidence and enhances the brand-consumer connection [10]. Sustainability is being included in packaging methods, focusing more on environmentally friendly packaging options. Businesses are investigating sustainable materials, reducing packaging waste, and implementing circular economy ideas. Green packaging not only supports sustainability objectives but also acts as a concrete and visible symbol of a brand’s dedication to environmental accountability. Marketing strategies focused on eco-friendly packaging 8 rbes.fa.ru
A Systematic Literature Review on Sustainability Integration and Marketing Intelligence in the Era of Artificial Intelligence appeal to environmentally aware consumers, enhancing the brand’s reputation as a socially responsible organization. Marketing is essential for communicating sustainability objectives to customers and is a key element in brand communication [11]. Companies are increasingly including ethical marketing campaigns, narratives focused on sustainable practices, and clear communication as vital elements of their marketing strategies. Businesses are using several platforms, such as social media, to communicate their sustainability progress, disclose internal stories, and interact with customers on an individual basis. Clear communication is essential since customers now prioritize authenticity and can easily distinguish between real environmental initiatives and greenwashing tactics. make well-informed judgments, enhance tactics, and quickly adjust to shifting market dynamics. This analytical skill is especially beneficial in the realm of sustainability, as data-driven insights may guide the creation and improvement of ecologically and socially conscious marketing strategies [3]. AI’s influence on marketing includes predictive modeling, in which algorithms anticipate future trends, behaviors, and results using past data. Marketers find predictive power useful for foreseeing customer preferences, recognizing developing market trends, and adjusting strategy proactively. Predictive modeling may help organizations anticipate the impact of their sustainability actions to match changing customer expectations and market dynamics in sustainability integration. AI’s capacity to evaluate extensive information also enables the creation of extremely tailored marketing campaigns. Personalization algorithms use individual consumer data to customize content, recommendations, and interactions according to specific interests and behaviors [12]. This degree of customization improves the client experience and enables more efficient and focused communication. Personalization algorithms in sustainability marketing can be used to tailor communications to specific customer categories, addressing their unique beliefs and concerns regarding sustainability. Recent studies offer actual proof of the beneficial influence of AI on crucial marketing performance indicators. Improved customer engagement, facilitated by individualized interactions and targeted initiatives, enhances brandconsumer connections [14]. Enhanced targeting precision guarantees that marketing endeavors reach the most pertinent audience segments, optimizing the efficiency of campaigns. The enhanced return on investment shown in AI-driven marketing initiatives demonstrates the financial feasibility and effectiveness of using AI into the marketing toolset. The confluence of sustainability and artificial intelligence In the context of a changing corporate environment characterized by increased environmental awareness and the advancement of artificial intelligence (AI), the intersection of sustainability principles and AI technology has become a fascinating and creative field of study. Businesses are The rise of artificial intelligence The incorporation of sustainability concepts in marketing is occurring simultaneously with the emergence of artificial intelligence (AI), which is significantly changing how organizations function and interact with their stakeholders. AI technologies, including machine learning and natural language processing, have become strong tools that enable enterprises to handle large volumes of data rapidly and extract useful insights. Recent developments in AI have led to its extensive use in several sectors, causing significant changes in how firms make decisions, communicate with customers, and improve operational effectiveness. The use of AI in marketing has significantly changed how firms comprehend and engage with their target customers. AI-driven analytics, predictive modeling, and customization algorithms are crucial elements of contemporary marketing tactics, improving the accuracy and efficiency of campaigns [12]. Recent research highlights the beneficial effects of AI on many marketing performance indicators, emphasizing its function as a driver for better customer interaction, greater targeting precision, and a higher return on investment. AI’s primary impact on marketing lies in its utilization of sophisticated analytics. AI algorithms can swiftly examine extensive information, revealing patterns, trends, and correlations that traditional analytical methods may not detect [13]. AI’s capacity to extract significant insights from intricate data sets empowers marketers to 9
Review of Business and Economics Studies sustainability by making sure communications connect with target audiences and reflect their values, thereby building brand loyalty and good customer impressions. In the future, the combination of sustainability and AI shows potential for influencing the future of sustainability practices in business. Businesses may leverage AI technology with a strong commitment to corporate social responsibility to make data-driven decisions that improve their environmental and social impact and help achieve sustainability objectives. The convergence of AI and sustainability is positioned to function as a driving force for creativity, adaptability, and ethical corporate behaviors in the pursuit of a more sustainable and fair future [17]. The rise of marketing intelligence Recent research has revealed convincing evidence of the impactful uses of AI in marketing. AI has advanced from being only a technology tool to being a fundamental element of contemporary marketing strategy, providing several uses such as customized consumer experiences, focused advertising, and data-informed decision-making [18]. AI plays a key role in enabling customized consumer experiences in marketing. Machine learning algorithms, a component of artificial intelligence, enable firms to analyze extensive datasets that include patterns of customer behavior. The algorithms can identify subtle preferences, predict specific requirements, and provide customized information or suggestions with exceptional accuracy [19]. Personalization improves consumer engagement, promotes brand loyalty, and leads to more fulfilling and pertinent interactions between businesses and their customers [16]. AI has a significant impact on targeted advertising. AI algorithms can enhance ad targeting accuracy by evaluating previous consumer data and realtime behaviors more effectively than traditional approaches. This improves the efficiency of advertising efforts and guarantees that marketing messages are strategically targeted to the most relevant audience segments. The outcome is an enhanced return on investment and a more effective distribution of marketing resources [20, 21]. AI enables organizations to make educated decisions based on data by deriving actionable insights from the large volume of data available seeing the benefits of using AI to improve marketing tactics and integrate sustainability into their operations [3]. Current research highlights an increasing focus on exploring and utilizing the interactions between AI and sustainability to support influential marketing campaigns that are in line with overall business sustainability objectives. Incorporating AI into sustainability efforts marks a significant change in how firms address the balance between financial gain and social responsibility. This approach aims to utilize AI’s revolutionary powers to provide real environmental and social benefits, rather than just using sustainability as a cosmetic marketing strategy. Businesses are increasingly using AI to analyze sustainability concerns and make educated decisions that benefit both their economic performance and society [15]. The intersection of sustainability and AI offers the opportunity for intelligent systems to assess intricate environmental and social data. AI’s ability to analyze extensive datasets allows businesses to obtain detailed insights on the environmental impact of their operations, the social consequences of their supply chains, and the overall sustainability of their products and services. Recent developments in AI, namely in machine learning algorithms, enable companies to move above conventional data analysis and derive practical insights from complex and multidimensional sustainability data. The main connection between sustainability and AI is the capability of intelligent systems to recognize patterns in extensive datasets about environmental and social factors. AI may identify patterns, connections, and possible causal links that traditional analytical methods may not detect. This capacity to recognize patterns is crucial for guiding decision-making processes about sustainability solutions [16]. Businesses may use AI analysis to pinpoint areas needing development, evaluate the effects of various efforts, and enhance their sustainability objectives through data-driven insights. Businesses are increasingly using AI in sustainability-focused marketing strategies to achieve economic success and beneficial societal impact. AI’s analytical accuracy enables firms to improve resource allocation, minimize waste, and discover novel strategies to lessen their environmental footprint. AI may improve the impact of marketing initiatives focused on 10 rbes.fa.ru