International Journal of Management and Sustainability最新文献_第8页

Determinants of carbon emission disclosure and sustainability reporting and their implications for investors’ reactions: The case of Indonesia and Malaysia 碳排放披露和可持续发展报告的决定因素及其对投资者反应的影响:以印度尼西亚和马来西亚为例

International Journal of Management and Sustainability Pub Date : 2023-05-22 DOI: 10.18488/11.v12i2.3375

Afrizal, Nela Safelia, I. Muda

{"title":"Determinants of carbon emission disclosure and sustainability reporting and their implications for investors’ reactions: The case of Indonesia and Malaysia","authors":"Afrizal, Nela Safelia, I. Muda","doi":"10.18488/11.v12i2.3375","DOIUrl":"https://doi.org/10.18488/11.v12i2.3375","url":null,"abstract":"This study analyzed the effects of company size, leverage level, profitability, and company age on carbon emissions disclosure and sustainability reporting and the implications thereof on investor reactions. The manufacturing and mining companies listed on the Indonesian and Malaysian stock exchanges from 2017 to 2019 supplied the sample of this research. The analysis used the partial least squares approach to structural equation modeling. The results show that firm size and leverage significantly affect carbon emissions disclosure in Indonesia and Malaysia. Profitability and company age have no impact on carbon emissions disclosure in Indonesia. In Malaysia, profitability and company age do have a significant positive effect on carbon emissions disclosure. Company size has no effect in Indonesia, while in Malaysia, company size has a negative effect on sustainability reporting. Leverage level and company age have a significant positive effect on sustainability reporting in Indonesia, while in Malaysia, a company’s level of leverage and age have no impact on sustainability reporting. Profitability has a significant effect on the sustainability report in Indonesia, while in Malaysia, profitability has a significant positive impact on the sustainability report. Company size does not affect investors' reactions in Indonesia, while company size has a significant negative effect on Malaysian. A company’s level of leverage, profitability, and age do not affect investors' reactions. Carbon emissions disclosure has a significant positive effect on investors' responses in Indonesia, while in Malaysia, carbon emissions disclosure has no impact on investors' reactions. The sustainability report has a significant positive effect on investors' responses.","PeriodicalId":36330,"journal":{"name":"International Journal of Management and Sustainability","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-05-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77710964","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Impact of environment performance on firm value: Evidence from Indonesia 环境绩效对企业价值的影响:来自印度尼西亚的证据

International Journal of Management and Sustainability Pub Date : 2023-05-12 DOI: 10.18488/11.v12i2.3365

R. Sari, B. Sutopo

{"title":"Impact of environment performance on firm value: Evidence from Indonesia","authors":"R. Sari, B. Sutopo","doi":"10.18488/11.v12i2.3365","DOIUrl":"https://doi.org/10.18488/11.v12i2.3365","url":null,"abstract":"Environmental policy is a way to mitigate the effects of climate change. However, the impact of complying with these policies on companies is still a matter of debate. This study examined the effect of environmental performance on firm value mediated by financial performance. This quantitative research used the purposive sampling method to select the sample. The sample comprised 95 non-financial companies with an observation period from 2017 to 2021. The panel data was tested using path analysis in SEM-STATA. The results show that financial performance partially mediates the effect of environmental performance on firm value. Environmental performance can also have a direct impact on firm value. The result indicates that investors consider factors other than financial performance when making investment decisions. The results also show that environmental performance positively impacts financial performance. Furthermore, financial performance positively impacts firm value. Investors optimally use the non-financial information provided by the company. One type of non-financial information used is environmental performance. Investors are aware of the importance of the company’s concern for the impact of its operations on the environment. Companies that display good environmental performance tend to have a higher level of sustainability, which is profitable for investors. However, implementing strict environmental policies carries the risk that companies will move to countries with looser environmental policies. Developing countries, in particular, still need to overcome many obstacles in the implementation of environmental policies.","PeriodicalId":36330,"journal":{"name":"International Journal of Management and Sustainability","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-05-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85788905","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Environmental sustainability disclosure in sustainability reports: Mining, oil, and gas companies on the Indonesia stock exchange 可持续发展报告中的环境可持续性披露:印尼证券交易所的矿业、石油和天然气公司

International Journal of Management and Sustainability Pub Date : 2023-05-04 DOI: 10.18488/11.v12i2.3351

Ulupui I Gusti Ketut Agung, Zairin Gentiga Muhammad, Musyaffi, Ayatulloh Michael

{"title":"Environmental sustainability disclosure in sustainability reports: Mining, oil, and gas companies on the Indonesia stock exchange","authors":"Ulupui I Gusti Ketut Agung, Zairin Gentiga Muhammad, Musyaffi, Ayatulloh Michael","doi":"10.18488/11.v12i2.3351","DOIUrl":"https://doi.org/10.18488/11.v12i2.3351","url":null,"abstract":"This paper examines how mining, oil, and gas companies address environmental issues and communicate their actions to stakeholders through sustainability reports. Using market capitalization as a size metric, 50 mining, oil, and gas companies listed on the Indonesia Stock Exchange (IDX) were included in the research sample. Sustainability reports were subjected to quantitative and qualitative content analysis to identify keyword occurrences that were pertinent to the investigation. The findings revealed that environmental protection, emissions, carbon footprint, climate change, biodiversity, nature, planet, effluent, and conservation were addressed in the companies’ sustainability reports. This study confirmed, in line with research on other industries, that the intensity of communication on these topics varies with company size. It was also found that, although some companies discuss many keywords that correspond to the Global Reporting Initiative, they are irrelevant because the reports do not show the companies’ commitment and efforts to achieve the concepts. The practical implication of this research is that companies should show more commitment in their efforts to address environmental issues – sustainability disclosure is not just about words.","PeriodicalId":36330,"journal":{"name":"International Journal of Management and Sustainability","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-05-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88345231","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Impact investing in action: A framework for sustainability 行动中的影响力投资:可持续发展框架

International Journal of Management and Sustainability Pub Date : 2023-05-04 DOI: 10.18488/11.v12i2.3353

S. Sushanth Kumar, Varun Chotia, Swati Soni, Vinay Khandelwal

{"title":"Impact investing in action: A framework for sustainability","authors":"S. Sushanth Kumar, Varun Chotia, Swati Soni, Vinay Khandelwal","doi":"10.18488/11.v12i2.3353","DOIUrl":"https://doi.org/10.18488/11.v12i2.3353","url":null,"abstract":"The Sustainable Development Goals (SDGs) are a set of goals designed to be a “blueprint to achieve a better and more sustainable future for all.” Despite being meticulous about achieving the SDGs, India’s overall SDG score is 61.9 out of 100. While multiple models and frameworks have been developed, a new concept that has gained currency is impact investing. Content analysis of academic journal articles was employed to analyze the terminology, definition, and similarities and differences in the use of the term impact investing. Impact investing helps to benefit society and the environment without the need to sacrifice financial returns. It attempts to address the global challenges of access to energy, potable water, basic hygiene, nutrition, health, and education by exploring innovative commercial solutions. The degree of sustainability achieved through impact investing depends upon the efficiency of the multidisciplinary team formed to conduct the due diligence to achieve the social and financial goals by paying equal attention to risk, value addition, impact, and investor expectations. This study builds a case for India, suggesting the execution strategy of impact investing as an answer to India’s sustainability conundrum.","PeriodicalId":36330,"journal":{"name":"International Journal of Management and Sustainability","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-05-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86340936","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Drivers and enablers of green purchasing adoption: An empirical investigation of retail hypermarkets in UAE 绿色采购采用的驱动因素和促成因素:对阿联酋零售大卖场的实证调查

International Journal of Management and Sustainability Pub Date : 2023-05-04 DOI: 10.18488/11.v12i2.3352

P. Akhtar

{"title":"Drivers and enablers of green purchasing adoption: An empirical investigation of retail hypermarkets in UAE","authors":"P. Akhtar","doi":"10.18488/11.v12i2.3352","DOIUrl":"https://doi.org/10.18488/11.v12i2.3352","url":null,"abstract":"Growing pressures from various directions have caused managers in the UAE’s retail sector to initiate the use of environmentally friendly approaches such as green purchasing (GP). Expanding on prior work by examining general GP practices, this study explores the GP drivers/enablers that motivate firms in the UAE to adopt GP practices. The results show that retail firms in the selected sectors respond strongly to institutional pressures to adopt GP practices with a beta value of 0.54, customer pressures with a beta value of 0.27, and expected business benefits with a beta value of 0.37. Evidence of a positive relationship between management support and firms’ willingness to take on GP initiatives was weak, so the first hypothesis was not supported with a usual cut-off p-value of 0.05; however, by applying a cut-off p-value of 0.10 or above, it appears that all latent variables suggested in this study have a positive impact on the adoption of GP initiatives among retail hypermarkets in the UAE. This study had three main limitations. First, the sample was drawn from a specific government source, so it may not be a truly comprehensive representation of all retail firms. Second, the small number of samples might have led to bias. Third, as each questionnaire was answered by a single respondent, a common method variance may have resulted. This study will aid firms, as well as the government, who wish to improve their environmental performance in the value chain.","PeriodicalId":36330,"journal":{"name":"International Journal of Management and Sustainability","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-05-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72839444","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Characteristic Curves in Erodible Soils on a Slope in Cabo De Santo Agostinho/Brazil Cabo De Santo Agostinho/巴西坡面可蚀性土壤特征曲线

International Journal of Management and Sustainability Pub Date : 2023-05-03 DOI: 10.5539/jms.v13n1p201

Kalinny Patrícia Vaz Lafayette, R. Coutinho, J. Cantalice, Thiago Augusto da Silva, Amauri Gouveia Pessoa Neto, Luciana Cássia Lima da Silva, Rayane Gabriella Pereira da Silva

{"title":"Characteristic Curves in Erodible Soils on a Slope in Cabo De Santo Agostinho/Brazil","authors":"Kalinny Patrícia Vaz Lafayette, R. Coutinho, J. Cantalice, Thiago Augusto da Silva, Amauri Gouveia Pessoa Neto, Luciana Cássia Lima da Silva, Rayane Gabriella Pereira da Silva","doi":"10.5539/jms.v13n1p201","DOIUrl":"https://doi.org/10.5539/jms.v13n1p201","url":null,"abstract":"Several studies focus on the characteristic curve of the soil, which plays a fundamental role in the mechanics of unsaturated soils and is also an important indicator of the physical quality. Therefore, the objective of this research was to determine the characteristic curve of the soil by the methods of Filter Paper, Richards Pressure Chamber, and Haines Funnel on an erodible slope in the Metropolitan Region of Recife, in the state of Pernambuco, Brazil. The curves were designed by the models of van Genuchten, Fredlund & Xing, Seki, and Dunner. In the suction x humidity ratios, during the wetting and drying processes, the experimental points were very close, making it difficult to define the hysteresis effect. The Richards Chamber and Haines Funnel methods allowed the complementation of the characteristic curve for low suction values, indicating that the techniques can be used simultaneously. The statistical analysis resulted in a numerical model with a significance value greater than 97%.","PeriodicalId":36330,"journal":{"name":"International Journal of Management and Sustainability","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-05-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82981184","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Creativity: The impact of psychological capital and curiosity from the employee’s perspective in Bandung, Indonesia 创造力:心理资本和好奇心对员工视角的影响——来自印度尼西亚万隆

International Journal of Management and Sustainability Pub Date : 2023-05-01 DOI: 10.18488/11.v12i2.3348

Ester Manik, I. Sidharta, Vicky Achmad Zulfikar, Robbi Saepul Rahman, Bulan Tati Fitria, Retno Resawati, Haris Nurdiansyah

引用次数: 1

Carbon Costs and Credit Risk in a Resource-Based Economy: Carbon Cost Impact on the Z-Score of Canadian TSX 260 Companies 资源导向型经济中的碳成本与信用风险:碳成本对加拿大TSX 260指数公司z得分的影响

International Journal of Management and Sustainability Pub Date : 2023-04-25 DOI: 10.5539/jms.v13n1p187

Adeboye Oyegunle, O. Weber, Amr ElAlfy

{"title":"Carbon Costs and Credit Risk in a Resource-Based Economy: Carbon Cost Impact on the Z-Score of Canadian TSX 260 Companies","authors":"Adeboye Oyegunle, O. Weber, Amr ElAlfy","doi":"10.5539/jms.v13n1p187","DOIUrl":"https://doi.org/10.5539/jms.v13n1p187","url":null,"abstract":"Climate risks and climate risk-related policies on carbon threaten the ability of economies to thrive and will impact the credit risk of many sectors, primarily high-emitting sectors. Higher credit risks will also affect lenders if their credit portfolios are exposed to climate change risks. The introduction of carbon pricing policies will exacerbate this threat in resource-based economies such as Canada. While some research exists on climate exposure and risks to lending portfolios, there is a knowledge gap on how carbon pricing impacts individual commercial credit risk. Consequently, this study analyzes the effect of different carbon pricing scenarios on Altman’s z-score. Using the Canadian TSX 260 data between 2010 and 2020 as a sample, this paper applied the costs of different carbon prices using the Canadian Government’s carbon price regime of $0 to $170 to analyze Altman’s z-score variables until 2030. The results suggest that carbon price will significantly impact the credit risk of companies in high-emitting industries, such as the energy sector. We conclude that climate policy exposure in the form of carbon costs will have a real impact on credit risk and that lenders must consider carbon emissions as part of their credit risk assessment.","PeriodicalId":36330,"journal":{"name":"International Journal of Management and Sustainability","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-04-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83885077","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Child Health Implications of Plastic Waste Reduction in West Africa 西非减少塑料废物对儿童健康的影响

International Journal of Management and Sustainability Pub Date : 2023-04-23 DOI: 10.5539/jms.v13n1p139

S. Dasgupta, M. Sarraf, David Wheeler

{"title":"Child Health Implications of Plastic Waste Reduction in West Africa","authors":"S. Dasgupta, M. Sarraf, David Wheeler","doi":"10.5539/jms.v13n1p139","DOIUrl":"https://doi.org/10.5539/jms.v13n1p139","url":null,"abstract":"Rapidly growing, unregulated plastic litter has created a multitude of environmental and economic problems in developing countries. The problems are particularly serious for single use plastic (SUP) products that cannot be recycled. While the case for plastic waste reduction is clear, it may conflict with public health and other social objectives. Using Demographic and Health Survey (DHS) data from Ghana and Nigeria, this paper considers the potential for health damage from waste reduction policies that reduce household use of SUP drinking-water containers. The econometric analysis provides strong evidence that SUP containers significantly reduce child mortality and incidence of diarrhea, after controlling for other, widely cited determinants in the literature. By implication, general measures to reduce plastic use may also increase childhood illness and death. The study demonstrates how plastic-waste reduction policies should not be assessed in isolation from their public health implications for poor households and suggests countervailing measures that can be taken to address the SUP waste problem. The study can be replicated in any of the 73 countries where DHS data include the use of plastic containers as household water sources.","PeriodicalId":36330,"journal":{"name":"International Journal of Management and Sustainability","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-04-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77790770","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

A Path Analysis of the Antecedents, Business Sustainability Practices and Outcomes of Private Schools in the Philippines 菲律宾私立学校的前因后果、商业可持续性实践和结果的路径分析

International Journal of Management and Sustainability Pub Date : 2023-04-23 DOI: 10.5539/jms.v13n1p151

M. C. R. Vidal, Filomena M. Mendoza

{"title":"A Path Analysis of the Antecedents, Business Sustainability Practices and Outcomes of Private Schools in the Philippines","authors":"M. C. R. Vidal, Filomena M. Mendoza","doi":"10.5539/jms.v13n1p151","DOIUrl":"https://doi.org/10.5539/jms.v13n1p151","url":null,"abstract":"According to the Organization for Economic Cooperation and Development, early childhood education results in long-term social and economic benefits; thus, governments must ensure that elementary and secondary schools can survive disruptions in the business environment as the education sector should not be compromised especially in a developing country. In a world characterized by drastic and disastrous changes, a resilient and sustainable education sector must always be ensured. Adopting sustainability initiatives appears to be the key to survival in response to the negative effects of various external factors affecting the world. The purpose of this study is to examine the causes and consequences of business sustainability practices in private elementary and secondary schools in the Philippines. The findings revealed that regulatory policies, science and environment, and customer demand are vital predictors for private schools’ sustainability practices, with significant impact on their outcomes. Although the relationships between antecedents, sustainability practices, and outcomes were positive, they were moderate and weak respectively. The study further showed that the private schools’ sustainability practices have a significant mediating effect between the antecedents and outcomes of the private schools’ sustainability.","PeriodicalId":36330,"journal":{"name":"International Journal of Management and Sustainability","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-04-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88008114","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0