Pub Date : 2024-06-04DOI: 10.1142/s146433322450011x
Azer Dilanchiev, Chanyanan Somthawinpongsai, Bobur Urinov, Elchin Eyvazov
The use of fossil fuels, which is still seen as the cheapest energy source today, has increased carbon emissions and contributed to the formation of greenhouse gases, and this gas has reached levels that threaten world health. While studies on this problem often question the relationship between production volume, energy use, and carbon emissions, few studies question the effects of the financial assets, which are the providers of investments made for production purposes, on environmental degradation. This study used the fixed effect model and system GMM technique to analyse the moderating effect of green finance in connection to financial openness and environmental quality from 2015 to 2020 in the CEE countries. Findings show, among other things that (1) CO2 in CEE countries is still growing; (2) financial openness is a positive and significant indicator of CO2 emission; and (3) that green finance usage reduces the positive impact of financial openness on CO2 emissions. The study suggests that financial openness, renewable energy (RE) investment, and green technology innovation (GTI) — consistently drive CO2 emissions in CEE countries. The study suggests that policies promoting green finance, particularly RE investment and GTI, can help mitigate environmental degradation and reduce CO2 emissions.
{"title":"Unraveling The Nexus Between Financial Openness and Environmental Quality: Green Finance as The Catalyst in CEE Countries","authors":"Azer Dilanchiev, Chanyanan Somthawinpongsai, Bobur Urinov, Elchin Eyvazov","doi":"10.1142/s146433322450011x","DOIUrl":"https://doi.org/10.1142/s146433322450011x","url":null,"abstract":"The use of fossil fuels, which is still seen as the cheapest energy source today, has increased carbon emissions and contributed to the formation of greenhouse gases, and this gas has reached levels that threaten world health. While studies on this problem often question the relationship between production volume, energy use, and carbon emissions, few studies question the effects of the financial assets, which are the providers of investments made for production purposes, on environmental degradation. This study used the fixed effect model and system GMM technique to analyse the moderating effect of green finance in connection to financial openness and environmental quality from 2015 to 2020 in the CEE countries. Findings show, among other things that (1) CO2 in CEE countries is still growing; (2) financial openness is a positive and significant indicator of CO2 emission; and (3) that green finance usage reduces the positive impact of financial openness on CO2 emissions. The study suggests that financial openness, renewable energy (RE) investment, and green technology innovation (GTI) — consistently drive CO2 emissions in CEE countries. The study suggests that policies promoting green finance, particularly RE investment and GTI, can help mitigate environmental degradation and reduce CO2 emissions.","PeriodicalId":35909,"journal":{"name":"Journal of Environmental Assessment Policy and Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141387913","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}
Pub Date : 2024-05-15DOI: 10.1142/s1464333224400015
Thi Xuan Hoang, Chi Hai Nguyen, Thai Hung Ngo
This study aims to highlight the asymmetric impact of economic growth (GDP), trade openness (TO), energy consumption (EC), foreign direct investment (FDI), and financial development (FD) on carbon dioxide (CO2) emissions in Vietnam over the period 1990–2022, using quantile-on-quantile regression and Granger causality in quantiles techniques. Our mainstream findings indicate that the selected macroeconomic indicators have a strong positive effect on CO2 emissions in this country, and this effect is more pronounced in the lowest and highest quantiles of the respective variables. In addition, the results of Granger causality suggest a bidirectional causal relationship between the examined indicators. These findings suggest that fostering economic growth, promoting trade openness, managing energy consumption, encouraging foreign direct investment, and enhancing financial development can contribute to a sustainable environment in Vietnam.
{"title":"Quantile Effect of Economic Factors and Energy Consumption on Environmental Degradation in Vietnam","authors":"Thi Xuan Hoang, Chi Hai Nguyen, Thai Hung Ngo","doi":"10.1142/s1464333224400015","DOIUrl":"https://doi.org/10.1142/s1464333224400015","url":null,"abstract":"This study aims to highlight the asymmetric impact of economic growth (GDP), trade openness (TO), energy consumption (EC), foreign direct investment (FDI), and financial development (FD) on carbon dioxide (CO2) emissions in Vietnam over the period 1990–2022, using quantile-on-quantile regression and Granger causality in quantiles techniques. Our mainstream findings indicate that the selected macroeconomic indicators have a strong positive effect on CO2 emissions in this country, and this effect is more pronounced in the lowest and highest quantiles of the respective variables. In addition, the results of Granger causality suggest a bidirectional causal relationship between the examined indicators. These findings suggest that fostering economic growth, promoting trade openness, managing energy consumption, encouraging foreign direct investment, and enhancing financial development can contribute to a sustainable environment in Vietnam.","PeriodicalId":35909,"journal":{"name":"Journal of Environmental Assessment Policy and Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140976513","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}
Pub Date : 2024-05-15DOI: 10.1142/s1464333224500108
Khalid Mady, Mohamed Battour, Sabri Shaker Ashoor Bin-Obaidellah, Maha Khamis Al Balushi, Rowan Elodie Kennedy
Despite a vast body of eco-innovation literature investigating the assumption that environmental regulations encourage the implementation of eco-innovative practices, previous research on eco-innovation and environmental regulations has yielded inconsistent findings. By considering the heterogeneity of environmental regulation and eco-innovations, this study sheds light on how different environmental regulation instruments can facilitate and enhance eco-innovation practices, along with the role of environmental orientation in mediating the relationships. The study surveyed 188 managers and owners and utilised the partial least squares-structural equation model as the analytical method. Results showed that environmental regulatory mechanisms have no direct impact on eco-innovation. However, the study has found that environmentally oriented SMEs respond to strict environmental policies and regulations by undertaking eco-innovation practices. Furthermore, market-based instruments provide firms with strong environmental orientation and economic incentives to foster eco-process innovations. The study offers practical insights for policymakers and SME managers, in addition to advancing the knowledge base.
{"title":"Exploring Environmental Regulation Instruments and Their Impact on Eco-Innovation Practices Among SMEs: The Mediating Role of Environmental Orientation","authors":"Khalid Mady, Mohamed Battour, Sabri Shaker Ashoor Bin-Obaidellah, Maha Khamis Al Balushi, Rowan Elodie Kennedy","doi":"10.1142/s1464333224500108","DOIUrl":"https://doi.org/10.1142/s1464333224500108","url":null,"abstract":"Despite a vast body of eco-innovation literature investigating the assumption that environmental regulations encourage the implementation of eco-innovative practices, previous research on eco-innovation and environmental regulations has yielded inconsistent findings. By considering the heterogeneity of environmental regulation and eco-innovations, this study sheds light on how different environmental regulation instruments can facilitate and enhance eco-innovation practices, along with the role of environmental orientation in mediating the relationships. The study surveyed 188 managers and owners and utilised the partial least squares-structural equation model as the analytical method. Results showed that environmental regulatory mechanisms have no direct impact on eco-innovation. However, the study has found that environmentally oriented SMEs respond to strict environmental policies and regulations by undertaking eco-innovation practices. Furthermore, market-based instruments provide firms with strong environmental orientation and economic incentives to foster eco-process innovations. The study offers practical insights for policymakers and SME managers, in addition to advancing the knowledge base.","PeriodicalId":35909,"journal":{"name":"Journal of Environmental Assessment Policy and Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140977197","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}
Pub Date : 2024-05-11DOI: 10.1142/s1464333224500091
Hamdi Khalfaoui, Moufida Ben Saada, Hassan Guenichi
Reducing environmental degradation due to the waste of natural resources and increasing global warming have been the main sustainable development goals for preserving biodiversity and ensuring sustainable growth established by the United Nations since 2015. Elucidating these goals requires effective and efficient environmental policies, substantial financial resources, and technological innovation to ensure an energy transition and reduce fossil fuel divestment and polluting technologies. In this context, this paper aims to examine the impact of environmental sustainability policy and institutions on green economic growth. Using a CS-ARDL panel model for a sample of 69 low-income countries in Africa, Asia, Europe, and North America over the period 2005-2020, we find that the effect of environmental sustainability policy and institutions on green GDP per capita is positive and statistically significant. The intensity of this effect is moderated by increases in renewable energy consumption and decreases in CO2 emissions. Furthermore, the subsample analysis indicates that the relationships between environmental sustainability policy and institutions and green growth remain positive for the four continents. In the long run, the intensity of this effect is stronger in Europe and Asia than in America and Africa. Moreover, these impacts are more effective as renewable energy increases and CO2 emissions decrease. It seems to be more important in Europe and Asia than in America and Africa. Overall, low-income countries should pay particular attention to policy and institutional index for environmental sustainability to promote green growth, taking into account the moderating effect of renewable energy consumption and CO2 emissions reduction.
{"title":"Policy and Institutions for Environmental Sustainability and Green Growth: The Moderating Effect of Renewable Energy and CO2 Emissions","authors":"Hamdi Khalfaoui, Moufida Ben Saada, Hassan Guenichi","doi":"10.1142/s1464333224500091","DOIUrl":"https://doi.org/10.1142/s1464333224500091","url":null,"abstract":"Reducing environmental degradation due to the waste of natural resources and increasing global warming have been the main sustainable development goals for preserving biodiversity and ensuring sustainable growth established by the United Nations since 2015. Elucidating these goals requires effective and efficient environmental policies, substantial financial resources, and technological innovation to ensure an energy transition and reduce fossil fuel divestment and polluting technologies. In this context, this paper aims to examine the impact of environmental sustainability policy and institutions on green economic growth. Using a CS-ARDL panel model for a sample of 69 low-income countries in Africa, Asia, Europe, and North America over the period 2005-2020, we find that the effect of environmental sustainability policy and institutions on green GDP per capita is positive and statistically significant. The intensity of this effect is moderated by increases in renewable energy consumption and decreases in CO2 emissions. Furthermore, the subsample analysis indicates that the relationships between environmental sustainability policy and institutions and green growth remain positive for the four continents. In the long run, the intensity of this effect is stronger in Europe and Asia than in America and Africa. Moreover, these impacts are more effective as renewable energy increases and CO2 emissions decrease. It seems to be more important in Europe and Asia than in America and Africa. Overall, low-income countries should pay particular attention to policy and institutional index for environmental sustainability to promote green growth, taking into account the moderating effect of renewable energy consumption and CO2 emissions reduction.","PeriodicalId":35909,"journal":{"name":"Journal of Environmental Assessment Policy and Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-05-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140989816","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}
Pub Date : 2024-04-03DOI: 10.1142/s146433322450008x
C. Vidya, K. Prabheesh
This study conducts an empirical analysis of the impact of climate risk on Environmental, Social, and Governance (ESG) investments in Asia. Using monthly data from 2015 to 2022 for 11 Asian countries and applying wavelet coherence analysis with a panel Auto-regressive Distributed Lag Model (ARDL) cointegration approach, the study concludes that (1) ESG and stock market returns are positively correlated during economic turmoil in China and Malaysia; (2) climate risk positively influences ESG returns, suggesting that it enhances returns during uncertain times rather than having a detrimental effect; (3) returns on conventional assets are negatively impacted by climate risk; and (4) ESG investments serve as an effective hedge against climate risk and provide a sound strategy for portfolio diversification in the Asian market.
{"title":"Climate Risk and Sustainable Investment in Asia","authors":"C. Vidya, K. Prabheesh","doi":"10.1142/s146433322450008x","DOIUrl":"https://doi.org/10.1142/s146433322450008x","url":null,"abstract":"This study conducts an empirical analysis of the impact of climate risk on Environmental, Social, and Governance (ESG) investments in Asia. Using monthly data from 2015 to 2022 for 11 Asian countries and applying wavelet coherence analysis with a panel Auto-regressive Distributed Lag Model (ARDL) cointegration approach, the study concludes that (1) ESG and stock market returns are positively correlated during economic turmoil in China and Malaysia; (2) climate risk positively influences ESG returns, suggesting that it enhances returns during uncertain times rather than having a detrimental effect; (3) returns on conventional assets are negatively impacted by climate risk; and (4) ESG investments serve as an effective hedge against climate risk and provide a sound strategy for portfolio diversification in the Asian market.","PeriodicalId":35909,"journal":{"name":"Journal of Environmental Assessment Policy and Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-04-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140747433","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}
Pub Date : 2024-03-20DOI: 10.1142/s1464333224500078
Inês Carrilho-Nunes, Margarida Catalão‐Lopes
As consensus grows for low-carbon development, innovation becomes vital for green growth, given the substantial technology adoption needed for long-term environmental targets. This paper explores market-driven incentives for green product innovation in an asymmetric duopoly using a game theory approach without relying on direct government intervention. The roles that market dynamics and rivalry have on the supply of green or brown products are explored in simultaneous and sequential scenarios, considering technology costs, demand-creating effects, rivalry gains, and information availability. Results reveal that a fully green market is contingent on low innovation costs, depending especially on the magnitude of demand creation effects. Notably, product differentiation occurs only under extreme cost asymmetry. Recommendations underscore the importance of incentivising low-cost innovations, assessing the impact of product differentiation and diversity, especially concerning lower-income consumers, and proposing measures to improve the transparency of firms’ strategic choices.
{"title":"Producing Green or Brown? A Game of Green Innovation in an Asymmetric Oligopoly","authors":"Inês Carrilho-Nunes, Margarida Catalão‐Lopes","doi":"10.1142/s1464333224500078","DOIUrl":"https://doi.org/10.1142/s1464333224500078","url":null,"abstract":"As consensus grows for low-carbon development, innovation becomes vital for green growth, given the substantial technology adoption needed for long-term environmental targets. This paper explores market-driven incentives for green product innovation in an asymmetric duopoly using a game theory approach without relying on direct government intervention. The roles that market dynamics and rivalry have on the supply of green or brown products are explored in simultaneous and sequential scenarios, considering technology costs, demand-creating effects, rivalry gains, and information availability. Results reveal that a fully green market is contingent on low innovation costs, depending especially on the magnitude of demand creation effects. Notably, product differentiation occurs only under extreme cost asymmetry. Recommendations underscore the importance of incentivising low-cost innovations, assessing the impact of product differentiation and diversity, especially concerning lower-income consumers, and proposing measures to improve the transparency of firms’ strategic choices.","PeriodicalId":35909,"journal":{"name":"Journal of Environmental Assessment Policy and Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140226332","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}
Pub Date : 2024-03-15DOI: 10.1142/s1464333224500054
Gayle Tan, Youngho Chang
This study examines how Environmental, Social, and Governance (ESG) performance and state ownership affect firm valuation in Singapore and determines if the effects of ESG on firm valuation are more pronounced in state-owned companies. The data comprises 51 companies listed on the Singapore Stock Exchange with complete ESG and financial information during the five-year period from 2018 to 2022. This study finds that only social practices positively and statistically significantly affect stock prices. Overall ESG values, and the other two dimensions of ESG appear not to be statistically significant. State ownership appears to positively and significantly affect the stock price. The finding suggests that the Singapore government’s substantial influence over corporate practices could accentuate the difference in market perception of ESG efforts between SOEs and companies. The study provides useful and practical implications to policymakers, managers and investors, which affect firm financial and operational performance.
{"title":"ESG Performance and State Ownership in Firm Valuation: Perspectives from Singapore Companies","authors":"Gayle Tan, Youngho Chang","doi":"10.1142/s1464333224500054","DOIUrl":"https://doi.org/10.1142/s1464333224500054","url":null,"abstract":"This study examines how Environmental, Social, and Governance (ESG) performance and state ownership affect firm valuation in Singapore and determines if the effects of ESG on firm valuation are more pronounced in state-owned companies. The data comprises 51 companies listed on the Singapore Stock Exchange with complete ESG and financial information during the five-year period from 2018 to 2022. This study finds that only social practices positively and statistically significantly affect stock prices. Overall ESG values, and the other two dimensions of ESG appear not to be statistically significant. State ownership appears to positively and significantly affect the stock price. The finding suggests that the Singapore government’s substantial influence over corporate practices could accentuate the difference in market perception of ESG efforts between SOEs and companies. The study provides useful and practical implications to policymakers, managers and investors, which affect firm financial and operational performance.","PeriodicalId":35909,"journal":{"name":"Journal of Environmental Assessment Policy and Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-03-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140238992","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}
Pub Date : 2024-02-28DOI: 10.1142/s1464333224500030
M. Nohong, M. Sobarsyah, M. I. Sohilauw, Bahtiar Herman
The present research explores the variables that impact Green Competitive Advantage (GCA) in modern business environments. It highlights the importance of strategic investments in green finance and the strong association between Strategic Finance (SFI) and GCA, which aligns with the growing emphasis on sustainable business practices worldwide. Furthermore, the study reveals the correlation between Corporate Governance (CG), business Size (CS), and GDP, emphasizing the critical function of solid governance frameworks and the utilization of business scale to align with broader economic trends. However, discovering multicollinearity among particular variables underscores the necessity for caution when interpreting regression model results. In addition, incorporating a geographical dimension yields refined insights that disclose characteristics distinctive to a specific place and globally relevant determinants that affect GCA. Ultimately, companies that want to be sustainable and competitive must take a holistic approach considering governance, strategic finance, and location.
{"title":"Nexus Between Strategic Green Finance and Green Competitive Advantage: Study at Indonesia Corporate","authors":"M. Nohong, M. Sobarsyah, M. I. Sohilauw, Bahtiar Herman","doi":"10.1142/s1464333224500030","DOIUrl":"https://doi.org/10.1142/s1464333224500030","url":null,"abstract":"The present research explores the variables that impact Green Competitive Advantage (GCA) in modern business environments. It highlights the importance of strategic investments in green finance and the strong association between Strategic Finance (SFI) and GCA, which aligns with the growing emphasis on sustainable business practices worldwide. Furthermore, the study reveals the correlation between Corporate Governance (CG), business Size (CS), and GDP, emphasizing the critical function of solid governance frameworks and the utilization of business scale to align with broader economic trends. However, discovering multicollinearity among particular variables underscores the necessity for caution when interpreting regression model results. In addition, incorporating a geographical dimension yields refined insights that disclose characteristics distinctive to a specific place and globally relevant determinants that affect GCA. Ultimately, companies that want to be sustainable and competitive must take a holistic approach considering governance, strategic finance, and location.","PeriodicalId":35909,"journal":{"name":"Journal of Environmental Assessment Policy and Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140423862","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}
Pub Date : 2024-02-19DOI: 10.1142/s1464333224500042
Lukman Hamdani, Hesty Juni Tambuati Subing, Rizaldi Yusfiarto
By applying the PLS-SEM method to survey the data of 350 samples in Indonesia, this paper develops a framework based on three potential elements: push effect (partnership and cooperation, rules and regulations, value practices), pull effect (government support, market sophistication, environmental awareness), and mooring effect (technological support and switching costs) about the transition of micro, small, and medium enterprises (MSMEs) towards green practices. The study reveals that these factors exhibit variations in terms of statistical significance. The findings indicate that an increase in the push effect and pull effect significantly influences the switching behaviour of MSME owners/managers. In contrast, concerning the mooring effect, each element demonstrates varying levels of direct influence on the transition towards green practices in MSMEs, with some impacts proving to be statistically significant and others not. Overall, these findings shed light on the intricate dynamics of MSMEs environmental responsibility, offering valuable insights for policymakers and practitioners.
{"title":"Catalysing Sustainability: Exploring Factors Shaping Green Initiatives in Micro, Small, and Medium-Sized Enterprises","authors":"Lukman Hamdani, Hesty Juni Tambuati Subing, Rizaldi Yusfiarto","doi":"10.1142/s1464333224500042","DOIUrl":"https://doi.org/10.1142/s1464333224500042","url":null,"abstract":"By applying the PLS-SEM method to survey the data of 350 samples in Indonesia, this paper develops a framework based on three potential elements: push effect (partnership and cooperation, rules and regulations, value practices), pull effect (government support, market sophistication, environmental awareness), and mooring effect (technological support and switching costs) about the transition of micro, small, and medium enterprises (MSMEs) towards green practices. The study reveals that these factors exhibit variations in terms of statistical significance. The findings indicate that an increase in the push effect and pull effect significantly influences the switching behaviour of MSME owners/managers. In contrast, concerning the mooring effect, each element demonstrates varying levels of direct influence on the transition towards green practices in MSMEs, with some impacts proving to be statistically significant and others not. Overall, these findings shed light on the intricate dynamics of MSMEs environmental responsibility, offering valuable insights for policymakers and practitioners.","PeriodicalId":35909,"journal":{"name":"Journal of Environmental Assessment Policy and Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-02-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139958965","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}
Pub Date : 2024-01-30DOI: 10.1142/s1464333224500029
Samar Alzamel
This study examines the role of e-entrepreneurship in fostering the future economy, with a specific focus on Saudi women entrepreneurs. The emergence of digital technologies and the internet has opened up new opportunities for entrepreneurship, especially for women facing traditional barriers to business participation. In particular, the Kingdom of Saudi Arabia (KSA) has witnessed many women entrepreneurs who leverage e-commerce platforms to establish and grow their businesses. Combining e-entrepreneurship with environmental conscience depicts a future in which sustainable development and economic prosperity coexist. This research will explore the motivations, challenges, and strategies employed by Saudi women entrepreneurs in the e-commerce sector and analyse the impact of their entrepreneurial activities on the future economy. The study followed a quantitative and post-positivist approach. Data were collected cross-sectionally from the women working in different start-ups in the big cities of KSA. The study adopted the systematic random sampling approach to reach the respondents. A total of 500 questionnaires were distributed. However, 388 were included for analysis after the screening process. The findings reveal that e-entrepreneurial significantly impacts women’s entrepreneurial and economic growth. Moreover, Entrepreneurial self-efficiency significantly mediates the relationship between women’s entrepreneurial and economic growth. The findings comprehensively understand complex dynamics and guide future research and practical applications in related domains. Furthermore, the study found that Saudi women entrepreneurs should receive financial and technical support to initiate their ventures. Moreover, policy recommendations of the study demand addressing cultural barriers and fostering an enabling environment for their entrepreneurial endeavours.
{"title":"Exploring the Role of E-Entrepreneurship in Fostering Future Green Economy and Environmental Policies: A Study on Saudi Women Entrepreneurs","authors":"Samar Alzamel","doi":"10.1142/s1464333224500029","DOIUrl":"https://doi.org/10.1142/s1464333224500029","url":null,"abstract":"This study examines the role of e-entrepreneurship in fostering the future economy, with a specific focus on Saudi women entrepreneurs. The emergence of digital technologies and the internet has opened up new opportunities for entrepreneurship, especially for women facing traditional barriers to business participation. In particular, the Kingdom of Saudi Arabia (KSA) has witnessed many women entrepreneurs who leverage e-commerce platforms to establish and grow their businesses. Combining e-entrepreneurship with environmental conscience depicts a future in which sustainable development and economic prosperity coexist. This research will explore the motivations, challenges, and strategies employed by Saudi women entrepreneurs in the e-commerce sector and analyse the impact of their entrepreneurial activities on the future economy. The study followed a quantitative and post-positivist approach. Data were collected cross-sectionally from the women working in different start-ups in the big cities of KSA. The study adopted the systematic random sampling approach to reach the respondents. A total of 500 questionnaires were distributed. However, 388 were included for analysis after the screening process. The findings reveal that e-entrepreneurial significantly impacts women’s entrepreneurial and economic growth. Moreover, Entrepreneurial self-efficiency significantly mediates the relationship between women’s entrepreneurial and economic growth. The findings comprehensively understand complex dynamics and guide future research and practical applications in related domains. Furthermore, the study found that Saudi women entrepreneurs should receive financial and technical support to initiate their ventures. Moreover, policy recommendations of the study demand addressing cultural barriers and fostering an enabling environment for their entrepreneurial endeavours.","PeriodicalId":35909,"journal":{"name":"Journal of Environmental Assessment Policy and Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140480113","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}
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