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Green Financial Management and its Impact on Small Medium Enterprises (SMEs): An Empirical Study in Indonesia 绿色财务管理及其对中小型企业(SMEs)的影响:印度尼西亚的实证研究
Q1 Social Sciences Pub Date : 2024-01-13 DOI: 10.1142/s1464333224500017
M. Nohong, M. Sobarsyah, Nur Alamzah, Andi Sylvana, Bahtiar Herman
This study investigates the relationships between Green Financial Management (GFM), Green Operational Practices (GOP), and Financial Performance (FP) within Indonesian firms, offering new insights into the strategic importance of sustainability in financial management. We conducted a multivariate analysis of data obtained from a sample of 256 firms in Indonesia. The results reveal a significant positive association between GFM and GOP and a subsequent improvement in FP. Moreover, our study finds that the Regulatory Environment (RE) and Market Competition (MC) play moderating roles in the GFM–GOP relationship. In contrast, the GOP serves as a mediator between GFM and FP. Despite various limitations, this research offers crucial empirical support for the idea that green finance management may enhance a company’s environmental responsibility and financial success. The report also identifies areas for further investigation, emphasising how crucial sustainability is to corporate strategy planning.
本研究调查了印度尼西亚企业中绿色财务管理(GFM)、绿色运营实践(GOP)和财务绩效(FP)之间的关系,为财务管理中可持续性的战略重要性提供了新的见解。我们对印度尼西亚 256 家企业的样本数据进行了多元分析。结果表明,GFM 与 GOP 之间存在明显的正相关关系,而 GOP 也会随之改善 FP。此外,我们的研究还发现,监管环境(RE)和市场竞争(MC)在 GFM 与 GOP 的关系中起着调节作用。相比之下,GOP 在 GFM 和 FP 之间起着中介作用。尽管存在各种局限性,但这项研究为绿色财务管理可增强公司的环境责任和财务成功这一观点提供了重要的实证支持。报告还指出了需要进一步研究的领域,强调了可持续发展对企业战略规划的重要性。
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引用次数: 0
Investigating the Nexus Between Foreign Direct Investment and Sustainable Energy Transition: The Case of Vietnam 调查外国直接投资与可持续能源转型之间的联系:越南案例
Q1 Social Sciences Pub Date : 2024-01-06 DOI: 10.1142/s1464333223500230
Bui Huy Nhuong, Luong Thi Thu Hang, Do Thi Thu Thuy, Phung Thanh Quang, Khuc The Anh
This study investigates how foreign direct investment (FDI) has impacted Vietnam’s sustainable energy transition from 1988 to 2020, utilising the autoregressive distributed lags (ARDL) technique for analysis. In the short term, a 1% increase in FDI is linked to a minor 0.015% reduction in the quality of energy transformation, indicating initial adverse environmental effects. However, in the long term, a notable improvement of 0.042% in energy transformation quality suggests that FDI-driven initiatives positively contribute to sustainable energy practices. Simultaneously, other factors such as the Consumer Price Index (CPI) demonstrate detrimental impacts both in the short term (0.039% decrease) and the long term (0.429% decrease), posing challenges to environmentally friendly projects. Conversely, the Green Economic Growth Index displays significant positive effects in both the short term (0.397% increase) and the long term (0.184% increase), emphasising the importance of fostering green economic growth. To accelerate the progress of sustainable energy transition, Vietnam is encouraged to implement policies encompassing the digitization of green initiatives, the introduction of green financing mechanisms, and the provision of supportive incentives for environmentally-conscious investors.
本研究采用自回归分布式滞后(ARDL)技术进行分析,探讨外国直接投资(FDI)如何影响越南从 1988 年到 2020 年的可持续能源转型。从短期来看,外国直接投资每增加 1%,能源转型的质量就会略微下降 0.015%,这表明最初的不利环境影响。然而,从长期来看,能源转化质量显著提高了 0.042%,这表明外国直接投资驱动的举措积极促进了可持续能源实践。与此同时,消费者价格指数(CPI)等其他因素在短期内(下降 0.039%)和长期内(下降 0.429%)都显示出不利影响,给环境友好型项目带来了挑战。相反,绿色经济增长指数在短期内(增长 0.397%)和长期内(增长 0.184%)都显示出显著的积极影响,强调了促进绿色经济增长的重要性。为加快可持续能源转型的进度,鼓励越南实施包括绿色倡议数字化、引入绿色融资机制以及为具有环保意识的投资者提供支持性激励措施在内的政策。
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引用次数: 0
Enhancing the Economic Feasibility of Carbon Capture, Utilisation, and Storage (CCUS) Projects 提高碳捕集、利用和封存 (CCUS) 项目的经济可行性
Q1 Social Sciences Pub Date : 2024-01-06 DOI: 10.1142/s1464333223500242
Farhad Taghizadeh-Hesary, Lilu Vandercamme, Han Phoumin
Carbon capture, utilisation, and storage (CCUS) technologies have the potential to play a crucial role in mitigating climate change by capturing CO2 emissions from industrial processes and power generation. This study aims to explore the economic feasibility of CCUS and provide practical policy recommendations for making CCUS technologies economically feasible. The findings emphasise the importance of integrated policy frameworks, carbon pricing mechanisms, R&D investments, international collaboration, regulatory certainty, public awareness, and industry collaboration to unlock the potential of CCUS.
碳捕集、利用和封存(CCUS)技术通过捕集工业生产和发电过程中排放的二氧化碳,有可能在减缓气候变化方面发挥关键作用。本研究旨在探讨 CCUS 的经济可行性,并为 CCUS 技术的经济可行性提供切实可行的政策建议。研究结果强调了综合政策框架、碳定价机制、研发投资、国际合作、监管确定性、公众意识和行业合作对于释放 CCUS 潜力的重要性。
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引用次数: 0
Mutated Leader Optimisation Algorithm-Based Microclimate Modelling on Greenhouse Concerning Flower Plant Growth 基于变异领导者优化算法的温室小气候建模,关注花卉植物生长
Q1 Social Sciences Pub Date : 2023-11-25 DOI: 10.1142/s1464333223500205
Renuka Vinod Chimankare, Subra Das, Karmjeet Kaur, Dhiraj B. Magare
Microclimate modelling in a greenhouse is complicated due to the model’s irregularity and uncertainty of variable parameters. Evaluating the greenhouse’s changing climate is challenging since the conditions are always changing. As a result, it is necessary to determine the best way to manage the microclimate for the healthy development of growing plants. In order to maximise the growth of blooming plants, a modified leader optimisation algorithm (MLA) is created in this study to control the inside environment of a greenhouse. The implementation is done using greenhouses with a double-span structure located in Punjab and Mohali in India. The recommended approach analyses a number of characteristics, including carbon dioxide (CO2) concentration, temperature, and humidity, to keep track of the greenhouse’s environment. The humidity, temperature and CO2 content of flowering plants are studied using the proposed method implemented using MATLAB tool. The evaluated parameters are compared to conventional techniques like Battle Royale Optimisation (BRO), Particle Swarm Optimisation Algorithm (PSO), and BAT algorithm (BAT). Cost and energy consumption are also calculated for both proposed and existing models. Additionally, for the microclimatic parameters, error metrics, including Mean Absolute Error (MAE), Maximum Absolute Error (MaxAE), Mean Square Error (MSE), Root Mean Square Error (RMSE), and Standard Deviation (STD) are analysed and compared with the conventional approaches. The comparative outcomes highlight the minimal error metrics of a suggested MLA for temperature, humidity, and CO2 levels in blooming plants. The result analysis proves that the proposed MLA model is better than the previous models for predicting the proper range of CO2 concentration, suitable temperature, and perfect humidity for flowering plants. This demonstrates the effectiveness of the proposed MLA approach compared to the established methods for developing blooming plants.
由于模型的不规则性和可变参数的不确定性,温室中的小气候建模非常复杂。评估温室的气候变化很具挑战性,因为条件总是在不断变化。因此,有必要确定管理小气候的最佳方法,以促进植物健康生长。为了最大限度地促进开花植物的生长,本研究创建了一种改进的领导者优化算法(MLA)来控制温室内部环境。实施过程中使用了位于印度旁遮普和莫哈里的双跨结构温室。推荐的方法分析了一系列特征,包括二氧化碳(CO2)浓度、温度和湿度,以跟踪温室的环境。使用 MATLAB 工具实施的建议方法对开花植物的湿度、温度和二氧化碳含量进行了研究。所评估的参数与传统技术(如大逃杀优化算法 (BRO)、粒子群优化算法 (PSO) 和 BAT 算法 (BAT))进行了比较。同时还计算了拟议模型和现有模型的成本和能耗。此外,还分析了微气候参数的误差指标,包括平均绝对误差 (MAE)、最大绝对误差 (MaxAE)、均方误差 (MSE)、均方根误差 (RMSE) 和标准偏差 (STD),并与传统方法进行了比较。比较结果突出显示了建议的 MLA 对开花植物的温度、湿度和二氧化碳水平的最小误差指标。结果分析证明,在预测开花植物的二氧化碳浓度、适宜温度和完美湿度的适当范围方面,建议的 MLA 模型优于之前的模型。这表明,与现有的开花植物培育方法相比,建议的 MLA 方法非常有效。
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引用次数: 0
The Interacting Role of Corruption Control in the Relationship Between Financial Development and Ecological Footprint: Evidence from Top Selected African Countries 腐败控制在金融发展与生态足迹关系中的互动作用:来自精选非洲国家的证据
Q1 Social Sciences Pub Date : 2023-11-09 DOI: 10.1142/s1464333223500217
Ibrahim Farouq, Zunaidah Sulong
Recent studies suggest that financial development has several implications for the ecological footprint. However, the relevance of corruption control in the nexus between financial development and ecological footprint remains an open question. Owing to the high level of corruption in the leading African economies, domestic credit may not be available to prospective investors for environmentally friendly production. Therefore, this study inspired by the growing threats to environmental quality examines the mitigating effects of financial development and corruption control on the ecological footprint of ten leading African economies. The study also investigated the moderating role of corruption control in the link between financial development and ecological impact. Our study employs the dynamic common correlated effects approach (a second-generation technique) using panel data from 1996 to 2020. Results: The empirical findings of the estimation unveiled that financial development, economic growth, and corruption control intensify ecological footprint, while economic growth square reduces it. The result confirms the U-shaped relationship between economic growth and ecological footprint. The interactive term of corruption control and financial development shows that corruption control significantly moderates the positive impact of financial development on the ecological footprint. These results persist when cross-sectional auto-regressive distributive lag is used to re-estimate the model. Furthermore, Dumitrescu and Hurlin’s causality tests show two-way causality between ecological footprint, financial development, corruption control, and economic growth. The study guides economies to develop policies to enhance financial instruments necessary to help mitigate ecological footprint.
最近的研究表明,金融发展对生态足迹有几个影响。然而,在金融发展和生态足迹之间的关系中,腐败控制的相关性仍然是一个悬而未决的问题。由于非洲主要经济体的腐败程度很高,可能无法为环境友好型生产的潜在投资者提供国内信贷。因此,受日益增长的环境质量威胁的启发,本研究考察了金融发展和腐败控制对十个主要非洲经济体生态足迹的缓解作用。研究还探讨了腐败控制在金融发展与生态影响之间的调节作用。本研究采用动态共同相关效应方法(第二代技术),使用1996年至2020年的面板数据。结果:实证结果表明,金融发展、经济增长和腐败控制会加剧生态足迹,而经济增长方会降低生态足迹。结果证实了经济增长与生态足迹之间的u型关系。腐败控制与金融发展的交互项表明,腐败控制显著调节金融发展对生态足迹的正向影响。当使用横截面自回归分布滞后来重新估计模型时,这些结果仍然存在。此外,Dumitrescu和Hurlin的因果检验表明,生态足迹、金融发展、腐败控制和经济增长之间存在双向因果关系。该研究指导各经济体制定政策,加强帮助减轻生态足迹所需的金融工具。
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引用次数: 0
How Do Natural Resource Rents Affect the Ecological Footprint? A Study for 24 Nations 自然资源租金如何影响生态足迹?一项针对24个国家的研究
Q1 Social Sciences Pub Date : 2023-11-09 DOI: 10.1142/s1464333223500229
Manuel A. Zambrano-Monserrate, Vanessa Ormeño-Candelario
The main objective of this study was to analyse the disaggregated effect of natural resource rents on the ecological footprint in 24 countries. The impact of rents from oil, natural gas and minerals was examined. Using the CS-ARDL approach, it was found that these natural resources increase the ecological footprint, albeit by different amounts. For example, oil rents have a greater impact on the environment than natural gas and mineral rents. The latter generate less environmental pollution. In addition, using the approach of Dumitrescu and Hurlin (2012), a bidirectional relationship was found between oil rents and the ecological footprint. A similar result was obtained between mineral rents and this indicator of environmental degradation. This implies that, if countries decide to reduce their ecological footprint, the rents they derive from these resources will be affected. Therefore, it is essential that nations promote environmentally friendly natural resource extraction practices, using advanced technologies aligned with sustainable development principles. In the case of natural gas rents, these were found to cause an impact on the ecological footprint without feedback effects. This means that countries can be sure that decreasing their ecological footprint will not have an economic impact in relation to the rents they earn from natural gas. Therefore, countries are encouraged to continue to promote the sustainable extraction of this resource.
本研究的主要目的是分析24个国家自然资源租金对生态足迹的分类效应。研究了石油、天然气和矿产租金的影响。使用CS-ARDL方法,发现这些自然资源增加了生态足迹,尽管数量不同。例如,石油租金比天然气和矿产租金对环境的影响更大。后者对环境的污染较少。此外,利用Dumitrescu和Hurlin(2012)的方法,发现石油租金与生态足迹之间存在双向关系。在矿物租金和这一环境退化指标之间也得到了类似的结果。这意味着,如果各国决定减少其生态足迹,它们从这些资源中获得的租金将受到影响。因此,各国必须采用符合可持续发展原则的先进技术,促进对环境友好的自然资源开采做法。以天然气租金为例,发现这些对生态足迹产生影响,但没有反馈效应。这意味着各国可以确信,减少生态足迹不会对他们从天然气中获得的租金产生经济影响。因此,鼓励各国继续促进这种资源的可持续开采。
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引用次数: 0
The Quality of Biodiversity Inputs to Environmental Impact Assessment (EIA) in the Succulent Karoo Biodiversity Hotspot, South Africa 南非多肉卡鲁生物多样性热点地区环境影响评价生物多样性输入质量研究
Q1 Social Sciences Pub Date : 2023-11-08 DOI: 10.1142/s1464333223500199
T. Wentzel, F. P. Retief, R. C. Alberts, H. J. Moolman, C. Roos, D. P. Cilliers
Environmental impact assessment (EIA) is an important environmental policy instrument to proactively inform development decisions that might impact biodiversity, especially in internationally recognised biodiversity hotspots. One such hotspot region is the Succulent Karoo Biodiversity Hotspot (SKBH), known for its rich endemism of flora and fauna. The aim of this research is to determine the quality of biodiversity inputs to EIA in areas with high biodiversity value, such as the SKBH. This was achieved by reviewing the quality of biodiversity inputs to 16 EIAs against a tailor-made review package. The review produced ‘unsatisfactory’ results related to the integration of biodiversity impacts, public participation, and continual monitoring. ‘Satisfactory’ results were achieved for the consideration of ecological approaches, description of the baseline environment, and the application of the precautionary principle. To address the unsatisfactory results, we recommend the development of context specific guidelines dealing with (i) significance thresholds, (ii) alternatives and mitigation, and (iii) monitoring plans. Standard approaches, guidelines, and general competencies do not suffice for EIA in biodiversity hotspots.
环境影响评价(EIA)是一种重要的环境政策工具,可以主动为可能影响生物多样性的发展决策提供信息,特别是在国际公认的生物多样性热点地区。其中一个热点地区是多肉卡鲁生物多样性热点(SKBH),以其丰富的特有动植物而闻名。本研究的目的是确定在生物多样性价值高的地区,如SKBH,生物多样性投入环境影响评价的质量。这是通过根据量身定制的一揽子审查方案审查16项环境影响评估的生物多样性投入的质量而实现的。该评估在生物多样性影响、公众参与和持续监测的整合方面产生了“不令人满意”的结果。考虑到生态方法、基线环境的描述和预防原则的应用,取得了“令人满意”的结果。为了解决不令人满意的结果,我们建议制定针对具体情况的指导方针,处理(i)显著性阈值,(ii)替代方案和缓解措施,以及(iii)监测计划。在生物多样性热点地区,标准的方法、指南和一般的能力不足以进行环境影响评估。
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引用次数: 0
Environmental Assessment of Onshore Wind Energy Plans in Germany and Scotland: A Procedural Compliance with Respect to Integration of Climate Change Impacts 德国和苏格兰陆上风能计划的环境评估:关于气候变化影响整合的程序遵从性
Q1 Social Sciences Pub Date : 2023-10-31 DOI: 10.1142/s1464333223500163
Hina Khan Baloch, Ulrike Weiland
Strategic environmental assessment (SEA) provides an opportunity to integrate climate change issues into renewable energy plans to mitigate the effects of climate change. In this study, we conducted a comparative analysis of the extent to which climate change issues are incorporated into SEAs of onshore wind energy plans in Germany and Scotland. To achieve our objective, we employed a modified version of the Lee and Colley review package to analyse SEA reports. The combined results of our analysis show that 49% and approximately 45% of the overall tasks performed in all the review areas in terms of climate change integration in the documents reviewed were considered satisfactory for Germany and Scotland, respectively. In order to effectively consider the climate change impacts in SEAs and to efficiently plan for onshore wind energy development, due consideration should be given to the adoption of diverse methodological approaches and models of climate change.
战略环境评估(SEA)为将气候变化问题纳入可再生能源计划以减轻气候变化的影响提供了机会。在这项研究中,我们对气候变化问题在多大程度上被纳入德国和苏格兰陆上风能计划的SEAs进行了比较分析。为了达到我们的目标,我们采用了一套经过修改的Lee and Colley评审包来分析SEA报告。我们分析的综合结果表明,在所有审查领域中,就所审查文件的气候变化整合而言,49%和大约45%的总体任务分别被认为对德国和苏格兰满意。为了有效地考虑气候变化对海洋的影响,有效地规划陆上风能开发,应考虑采用多种气候变化方法方法和模型。
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引用次数: 0
Assessing the Cross-Border Impacts of Climate Change Response Measures on Iran: A Qualitative System Analysis 评估气候变化应对措施对伊朗的跨界影响:定性系统分析
Q1 Social Sciences Pub Date : 2023-10-17 DOI: 10.1142/s1464333223500187
Atiyeh Najafighodousi, Leila Zamani, Fariba Nemati
To achieve Goal 13, which addresses climate change and promotes sustainable development, mitigation policies, and measures have been implemented globally and nationally. However, such practices can lead to unintended side effects, which vary between countries based on their economic structures and governance status and may jeopardise the achievement of other goals. It is vital to alleviate these effects, especially in vulnerable countries. To do so, a comprehensive assessment of the potential impacts of policies must be conducted, and appropriate interventions must be implemented to mitigate the negative effects that have already begun in oil-exporting developing countries. This study aims to assess the cross-border consequences of response measures on Iran’s economic, social, and environmental status using a Causal Loop Diagram (CLD). The findings indicate that these policies directly affect the government’s revenues and expenditures, which in turn affect economic activities and indirectly affect socioeconomic variables.
为实现应对气候变化和促进可持续发展的目标13,在全球和国家层面实施了缓解政策和措施。然而,这种做法可能导致意想不到的副作用,这些副作用因各国的经济结构和治理状况而异,并可能危及其他目标的实现。减轻这些影响至关重要,特别是在脆弱国家。为此,必须对政策的潜在影响进行全面评估,并必须采取适当的干预措施,以减轻石油出口发展中国家已经开始产生的消极影响。本研究旨在使用因果循环图(CLD)评估应对措施对伊朗经济、社会和环境状况的跨境后果。研究结果表明,这些政策直接影响政府的收入和支出,进而影响经济活动,间接影响社会经济变量。
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引用次数: 0
Recent SDGs and ESG Implementation by Qatar 卡塔尔最近的可持续发展目标和ESG实施情况
Q1 Social Sciences Pub Date : 2023-10-03 DOI: 10.1142/s1464333223500175
Hassanudin Mohd Thas Thaker, Muhammad Rizky Prima Sakti, Abdul Qoyum, Mohamed Asmy Mohd Thas Thaker, Mosharrof Hosen
The gas-rich nation, Qatar, became the first Middle Eastern country to host the FIFA World Cup in 2022, after beating South Korea, Japan, Australia, and the US. Qatar invested an enormous amount of money in implementing the measures outlined by FIFA and United Nation’s Sustainable Development Goals (SDGs), and the World Cup was included in Qatar’s sustainable Vision 2030. Qatar has gained international support and wants to host more mega-events despite controversies surrounding its FIFA World Cup, including workers’ deaths during infrastructure construction and protests from western athletes, politicians, and media against the Qatari government and FIFA’s ban on LGBT+ symbols and alcohol in the stadium. Qatar’s 2022 FIFA World Cup left a sustainable legacy by following ESG principles. This paper analysed how FIFA 2022 applies SDGs, ESG, and Islamic principles and their managerial implications. We concluded with lessons to be learnt from FIFA 2022 and Qatar’s investments in green infrastructure, sustainable mobility, and carbon offsetting, as well as how the country’s efforts to leave a sustainable legacy after the event could inspire other nations.
卡塔尔是一个天然气资源丰富的国家,在击败韩国、日本、澳大利亚和美国之后,成为第一个举办2022年世界杯的中东国家。卡塔尔投入了大量资金来实施国际足联和联合国可持续发展目标(SDGs)概述的措施,世界杯被纳入卡塔尔的可持续发展愿景2030。卡塔尔赢得了国际社会的支持,并希望举办更多的大型赛事,尽管围绕世界杯的争议包括基础设施建设中的工人死亡,以及西方运动员、政治家和媒体对卡塔尔政府的抗议,以及国际足联禁止在体育场内使用LGBT+标志和酒精的禁令。卡塔尔2022年国际足联世界杯遵循ESG原则,留下了可持续发展的遗产。本文分析了FIFA 2022如何应用可持续发展目标、ESG和伊斯兰原则及其管理意义。最后,我们总结了从2022年国际足联和卡塔尔在绿色基础设施、可持续交通和碳抵消方面的投资中吸取的教训,以及该国在赛事结束后留下可持续遗产的努力如何激励其他国家。
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引用次数: 0
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