The purpose of this study was to determine the influence of the green purchase intention of emerging market consumers on their green purchase behaviour in South Africa. The calls by the United Nations’ (UN) Sustainable Development Goals (SDGs) for consumers and organizations to act and behave sustainably have generated much interest in green consumer behaviour. In SA, calls have also been made for clothing companies to create awareness about the impact of clothing buyer behaviour on the environment. Organizations should also enhance consumer knowledge of their green buying behaviour and the effect this has on the environment. A survey was conducted online among the emerging consumers in Soweto, Johannesburg, targeting 300 respondents. The results confirmed that environmental knowledge and social/peer influence have an impact on green purchase intention and that green purchase intention does influence consumer behaviour. The effect of green purchase intention on green clothing behaviour was found to be higher than the effect of environmental knowledge and social/peer pressure on purchase intention. Clothing firms and policymakers should focus on raising awareness, disseminating information, and using peer pressure to enhance customers' inclination to make environmentally friendly purchases. This, in turn, will impact the buying behaviour of consumers in emerging markets.
{"title":"The effect of green purchase intention on emerging market consumers’ clothing purchase behaviour in South Africa","authors":"K. Makhitha","doi":"10.18488/11.v13i2.3670","DOIUrl":"https://doi.org/10.18488/11.v13i2.3670","url":null,"abstract":"The purpose of this study was to determine the influence of the green purchase intention of emerging market consumers on their green purchase behaviour in South Africa. The calls by the United Nations’ (UN) Sustainable Development Goals (SDGs) for consumers and organizations to act and behave sustainably have generated much interest in green consumer behaviour. In SA, calls have also been made for clothing companies to create awareness about the impact of clothing buyer behaviour on the environment. Organizations should also enhance consumer knowledge of their green buying behaviour and the effect this has on the environment. A survey was conducted online among the emerging consumers in Soweto, Johannesburg, targeting 300 respondents. The results confirmed that environmental knowledge and social/peer influence have an impact on green purchase intention and that green purchase intention does influence consumer behaviour. The effect of green purchase intention on green clothing behaviour was found to be higher than the effect of environmental knowledge and social/peer pressure on purchase intention. Clothing firms and policymakers should focus on raising awareness, disseminating information, and using peer pressure to enhance customers' inclination to make environmentally friendly purchases. This, in turn, will impact the buying behaviour of consumers in emerging markets.","PeriodicalId":36330,"journal":{"name":"International Journal of Management and Sustainability","volume":"26 24","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-03-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140263816","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}
M. H. Miraz, Hwang Ha Jin, Mohammad Tariq Hasan, Mohammad Amzad Hossain, Md Kazimul Hoque
This study's primary goal is to identify the factors that affect the blockchain in retail markets to support more significant benefits to retail customers. Also, this study constructs blockchain facilities, blockchain volatility, blockchain transactions, blockchain intentions, and blockchain operations. This research also used a questionnaire survey; this research collects primary data from consumers in Asia and Europe. The researcher also presents the underlying theory, the theoretical structure, and the hypotheses through systematic random sampling to ensure the research objectives. Besides that, there were 233 responses to the survey questions sent to retail consumers. PLS-SEM tools are used for data analysis. The study's findings are that the Blockchain facility, blockchain volatility, and blockchain transaction were all found to positively impact the blockchain operation (dependent variable) in the Asia-Europe retail market via the mediation of behavior intention. The outcome of this research offers a valuable understanding of blockchain adoption in developing and developed countries. In addition to academic contributions, this paper’s findings are significant for blockchain companies and their operations in developing countries. Additionally, blockchain is beneficial to the Asia-Europe retail market. Hence, this study offers a considerable foundation for comprehending the associations between blockchain and the retail industry. This study did not consider SMEs or general industries. Also, this study's scope is limited to Asia and Europe. Additionally, this study solely employed cross-sectional data. Future studies should use longitudinal data to better understand how the link develops.
{"title":"Factors affecting the blockchain operation in Asia-Europe","authors":"M. H. Miraz, Hwang Ha Jin, Mohammad Tariq Hasan, Mohammad Amzad Hossain, Md Kazimul Hoque","doi":"10.18488/11.v13i2.3671","DOIUrl":"https://doi.org/10.18488/11.v13i2.3671","url":null,"abstract":"This study's primary goal is to identify the factors that affect the blockchain in retail markets to support more significant benefits to retail customers. Also, this study constructs blockchain facilities, blockchain volatility, blockchain transactions, blockchain intentions, and blockchain operations. This research also used a questionnaire survey; this research collects primary data from consumers in Asia and Europe. The researcher also presents the underlying theory, the theoretical structure, and the hypotheses through systematic random sampling to ensure the research objectives. Besides that, there were 233 responses to the survey questions sent to retail consumers. PLS-SEM tools are used for data analysis. The study's findings are that the Blockchain facility, blockchain volatility, and blockchain transaction were all found to positively impact the blockchain operation (dependent variable) in the Asia-Europe retail market via the mediation of behavior intention. The outcome of this research offers a valuable understanding of blockchain adoption in developing and developed countries. In addition to academic contributions, this paper’s findings are significant for blockchain companies and their operations in developing countries. Additionally, blockchain is beneficial to the Asia-Europe retail market. Hence, this study offers a considerable foundation for comprehending the associations between blockchain and the retail industry. This study did not consider SMEs or general industries. Also, this study's scope is limited to Asia and Europe. Additionally, this study solely employed cross-sectional data. Future studies should use longitudinal data to better understand how the link develops.","PeriodicalId":36330,"journal":{"name":"International Journal of Management and Sustainability","volume":"108 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-03-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140079397","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}
S. D. Ramachandaran, A. Vasudevan, Revathy Sagadavan, Shiney John, Tang Yow Onn
This research aims to investigate the factors influencing talent retention within Malaysia's IT services sector. Specifically, it seeks to determine the impact of reward programs, career development, and work-life balance on talent retention. Conducted in a descriptive, non-contrived setting, this study employs a convenience sampling method. Self-administered online questionnaires are utilized for quantitative data collection. The research employs a correlation method to examine the association between reward programs, career development, work-life balance, and talent retention. Questionnaires, adapted from prior research, are distributed via WhatsApp and email, targeting a minimum sample size of 384. Data analysis is conducted using SPSS, a software suite designed for social science research. The study reveals that two out of the three hypotheses establish a significant relationship between rewards programs, career development, work-life balance, and the retention of talented workers in Malaysia's IT services sector. These findings suggest that attention to rewards programs and career development significantly influences talent retention in the Malaysian IT industry. The study recommends further exploration of variables that might exert a more substantial impact on talent retention within the Malaysian IT services sector. This research contributes valuable insights into the critical determinants of talent retention in Malaysia's IT services sector. The identified relationships between rewards programs, career development, and work-life balance offer practical guidance for industry professionals, informing strategies to enhance talent retention practices.
本研究旨在调查影响马来西亚 IT 服务行业人才保留的因素。具体而言,它旨在确定奖励计划、职业发展和工作与生活平衡对人才保留的影响。本研究采用方便抽样法,在描述性、非强迫性环境中进行。采用自填式在线问卷进行定量数据收集。研究采用相关法来考察奖励计划、职业发展、工作与生活平衡以及人才保留之间的关联。根据以往研究改编的调查问卷通过 WhatsApp 和电子邮件发放,目标样本量至少为 384 份。数据分析采用社会科学研究专用软件 SPSS 进行。研究结果表明,在三个假设中,有两个假设在奖励计划、职业发展、工作与生活的平衡以及马来西亚 IT 服务行业优秀员工的保留之间建立了显著的关系。这些研究结果表明,对奖励计划和职业发展的关注会对马来西亚 IT 行业的人才保留产生重大影响。研究建议进一步探讨可能对马来西亚 IT 服务行业人才保留产生更实质性影响的变量。本研究为马来西亚 IT 服务行业留住人才的关键决定因素提供了有价值的见解。所确定的奖励计划、职业发展和工作与生活平衡之间的关系为行业专业人士提供了实用的指导,为加强人才保留实践的战略提供了信息。
{"title":"The determinants of talent retention in the information technology services sector in Malaysia","authors":"S. D. Ramachandaran, A. Vasudevan, Revathy Sagadavan, Shiney John, Tang Yow Onn","doi":"10.18488/11.v13i2.3656","DOIUrl":"https://doi.org/10.18488/11.v13i2.3656","url":null,"abstract":"This research aims to investigate the factors influencing talent retention within Malaysia's IT services sector. Specifically, it seeks to determine the impact of reward programs, career development, and work-life balance on talent retention. Conducted in a descriptive, non-contrived setting, this study employs a convenience sampling method. Self-administered online questionnaires are utilized for quantitative data collection. The research employs a correlation method to examine the association between reward programs, career development, work-life balance, and talent retention. Questionnaires, adapted from prior research, are distributed via WhatsApp and email, targeting a minimum sample size of 384. Data analysis is conducted using SPSS, a software suite designed for social science research. The study reveals that two out of the three hypotheses establish a significant relationship between rewards programs, career development, work-life balance, and the retention of talented workers in Malaysia's IT services sector. These findings suggest that attention to rewards programs and career development significantly influences talent retention in the Malaysian IT industry. The study recommends further exploration of variables that might exert a more substantial impact on talent retention within the Malaysian IT services sector. This research contributes valuable insights into the critical determinants of talent retention in Malaysia's IT services sector. The identified relationships between rewards programs, career development, and work-life balance offer practical guidance for industry professionals, informing strategies to enhance talent retention practices.","PeriodicalId":36330,"journal":{"name":"International Journal of Management and Sustainability","volume":"167 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140438014","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}
Anita Rosli, M. Latip, Aryaty Alwie, Mohamad Ibrani Shahrimin Adam Assim
This research investigates the service quality attributes of PT and the influence of the attributes on users’ satisfaction. Improving public transport (PT) facilities such as road networks and connectivity systems must align with service quality aspects. This research investigates the service quality attributes of PT and the influence of the attributes on users’ satisfaction. A survey was conducted to examine users’ perceptions of the service quality of PT in Sarawak, Malaysia. Service quality indicators have been chosen based on service quality attributes in previous research and analyzed using factor analysis (FA) to group the indicators into service quality attributes. Conformity Factor Analysis (CFA) was used to determine which attributes could significantly impact users’ satisfaction. Based on the survey results, the service quality of PT services in Sarawak is average, as most of the mean scores for each indicator of service quality and user satisfaction are less than 4.0. Four service quality attributes have been obtained from FA, i.e., vehicle condition, customer service, travel experience, and accessibility. The CFA analysis and structural model results showed that the attributes of vehicle condition, customer service, and accessibility significantly positively impact users’ satisfaction. The findings in this research can be used as references for PT providers, policymakers, and the government in improving the service quality of PT in Sarawak State.
{"title":"Towards better public transport services: Understanding service quality attributes of public transport in states of developing countries","authors":"Anita Rosli, M. Latip, Aryaty Alwie, Mohamad Ibrani Shahrimin Adam Assim","doi":"10.18488/11.v13i2.3650","DOIUrl":"https://doi.org/10.18488/11.v13i2.3650","url":null,"abstract":"This research investigates the service quality attributes of PT and the influence of the attributes on users’ satisfaction. Improving public transport (PT) facilities such as road networks and connectivity systems must align with service quality aspects. This research investigates the service quality attributes of PT and the influence of the attributes on users’ satisfaction. A survey was conducted to examine users’ perceptions of the service quality of PT in Sarawak, Malaysia. Service quality indicators have been chosen based on service quality attributes in previous research and analyzed using factor analysis (FA) to group the indicators into service quality attributes. Conformity Factor Analysis (CFA) was used to determine which attributes could significantly impact users’ satisfaction. Based on the survey results, the service quality of PT services in Sarawak is average, as most of the mean scores for each indicator of service quality and user satisfaction are less than 4.0. Four service quality attributes have been obtained from FA, i.e., vehicle condition, customer service, travel experience, and accessibility. The CFA analysis and structural model results showed that the attributes of vehicle condition, customer service, and accessibility significantly positively impact users’ satisfaction. The findings in this research can be used as references for PT providers, policymakers, and the government in improving the service quality of PT in Sarawak State.","PeriodicalId":36330,"journal":{"name":"International Journal of Management and Sustainability","volume":"83 12","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140440025","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}
E. Hendrawaty, S. Hasnawati, Java Widodo, Bram Hadianto
This study intends to handle the latter gap: different results of the determinants of financial inclusion, i.e., financial literacy, age, income, and education. Furthermore, it applies the quantitative design, examining the statistical hypotheses. Additionally, the snowball sampling method chose the population of female entrepreneurs in Indonesia. Through the survey in 2022, this study effectively obtained one hundred and fifty-two samples and their responses. Furthermore, the logistic regression model and classification matrix analyze the obtained data. According to this study’s measurements of access, savings, and credit accounts (AA, SA, and CA), financial literacy effectively increases the financial inclusion of female entrepreneurs. At the same time, demographic features, i.e., age, income, and education, have a positive effect on these accounts. The classification accuracy of financial literacy towards AA, SA, and CA is 94.1%, 80.3%, and 95.4%, respectively. For age, the accuracy is 72.4% for AA, 81.6% for SA, and 67.1% for CA. For income, the accuracy is 89.5% for AA, 85.5% for SA, and 96.1% for CA. For education, the accuracy is 88.2% for AA, 78.3% for SA, and 94.7% for CA. Considering this evidence, businesswomen must have the financial knowledge to choose access, savings, and credit accounts to sustain and grow their business scope. For this purpose, central and local government support is still vital to assist them.
{"title":"The determinants of the financial inclusion of Indonesian female entrepreneurs","authors":"E. Hendrawaty, S. Hasnawati, Java Widodo, Bram Hadianto","doi":"10.18488/11.v13i2.3651","DOIUrl":"https://doi.org/10.18488/11.v13i2.3651","url":null,"abstract":"This study intends to handle the latter gap: different results of the determinants of financial inclusion, i.e., financial literacy, age, income, and education. Furthermore, it applies the quantitative design, examining the statistical hypotheses. Additionally, the snowball sampling method chose the population of female entrepreneurs in Indonesia. Through the survey in 2022, this study effectively obtained one hundred and fifty-two samples and their responses. Furthermore, the logistic regression model and classification matrix analyze the obtained data. According to this study’s measurements of access, savings, and credit accounts (AA, SA, and CA), financial literacy effectively increases the financial inclusion of female entrepreneurs. At the same time, demographic features, i.e., age, income, and education, have a positive effect on these accounts. The classification accuracy of financial literacy towards AA, SA, and CA is 94.1%, 80.3%, and 95.4%, respectively. For age, the accuracy is 72.4% for AA, 81.6% for SA, and 67.1% for CA. For income, the accuracy is 89.5% for AA, 85.5% for SA, and 96.1% for CA. For education, the accuracy is 88.2% for AA, 78.3% for SA, and 94.7% for CA. Considering this evidence, businesswomen must have the financial knowledge to choose access, savings, and credit accounts to sustain and grow their business scope. For this purpose, central and local government support is still vital to assist them.","PeriodicalId":36330,"journal":{"name":"International Journal of Management and Sustainability","volume":"19 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140438855","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}
The purpose of this study was to better understand how businesses anticipate reducing societal resentment and environmental change as a result of exploitative activities that damage the environment. The present study used a qualitative descriptive methodology to investigate the operational sustainability practices within beverage companies. The researchers employed Nvivo qualitative data analysis software, specifically version R 1.6.1, to effectively organize the interview data. This study demonstrates that CSR program execution does not solely rely on donations, which really makes the community dependent on the assistance given. The business has taken steps to carry out CSR in a sustainable way in order to promote community welfare and environmental sustainability in the future. In conclusion, this company has completed fifteen of the United Nations' (UN) sustainable development goals (SDGs). In order for stakeholders to properly reap the rewards of CSR, this research can offer an overview of the procurement of CSR programs for other companies. This study can provide an overview of the procurement of CSR programs for other companies so that the CSR received by stakeholders really feels beneficial. This study provides additional insight for subsequent researchers in the form of findings and information on the topic of CSR implementation, but the object studied is different.
本研究的目的是更好地了解企业如何预期减少因破坏环境的开采活动而引起的社会不满和环境变化。本研究采用定性描述方法调查饮料公司的可持续发展运营实践。研究人员使用了 Nvivo 定性数据分析软件,特别是 R 1.6.1 版本,对访谈数据进行了有效整理。这项研究表明,企业社会责任项目的执行并不完全依赖于捐赠,这确实会使社区依赖于所提供的援助。该企业已采取措施,以可持续的方式履行企业社会责任,以便在未来促进社区福利和环境的可持续发展。总之,该公司已经完成了联合国可持续发展目标(SDGs)中的 15 项目标。为了让利益相关者从企业社会责任中获得应有的回报,本研究可以为其他公司的企业社会责任项目采购提供一个概览。本研究可以提供其他公司采购企业社会责任项目的概况,使利益相关者真正感受到企业社会责任带来的益处。本研究以调查结果和信息的形式为后续研究人员提供了有关企业社会责任实施主题的更多见解,但研究对象有所不同。
{"title":"Controlling social problems and environmental changes through sustainability: Evidence from Indonesian beverage companies","authors":"Risky Budianto, Isnalita","doi":"10.18488/11.v13i2.3649","DOIUrl":"https://doi.org/10.18488/11.v13i2.3649","url":null,"abstract":"The purpose of this study was to better understand how businesses anticipate reducing societal resentment and environmental change as a result of exploitative activities that damage the environment. The present study used a qualitative descriptive methodology to investigate the operational sustainability practices within beverage companies. The researchers employed Nvivo qualitative data analysis software, specifically version R 1.6.1, to effectively organize the interview data. This study demonstrates that CSR program execution does not solely rely on donations, which really makes the community dependent on the assistance given. The business has taken steps to carry out CSR in a sustainable way in order to promote community welfare and environmental sustainability in the future. In conclusion, this company has completed fifteen of the United Nations' (UN) sustainable development goals (SDGs). In order for stakeholders to properly reap the rewards of CSR, this research can offer an overview of the procurement of CSR programs for other companies. This study can provide an overview of the procurement of CSR programs for other companies so that the CSR received by stakeholders really feels beneficial. This study provides additional insight for subsequent researchers in the form of findings and information on the topic of CSR implementation, but the object studied is different.","PeriodicalId":36330,"journal":{"name":"International Journal of Management and Sustainability","volume":"18 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140445212","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}
The purpose of the study was to determine the relationship between corporate misconduct announcements and share prices. The study employed an event study methodology where data was collected from a sample of 30 companies that were listed on the Johannesburg Stock Exchange (JSE). Data collected spanned a period of ten years, from 2011 to 2020. The study’s findings demonstrate that there is no significant relationship between announced incidents of ethical misconduct by JSE-listed companies and the returns of the underlying shares. Previous studies of a similar nature have asserted that the announced ethical misconduct of a company has a significantly negative effect on its share price. The study considers the dynamics that exist between principals (shareholders) and their agents (directors), who are charged with the governance of listed companies. It considers the morality of the actions taken by agents in governing organisations and the implications for the equity returns of principals. Contrary to the previous studies and studies in other countries, analysed results imply that equity holders of JSE-listed companies do not significantly punish companies that have incidents of ethical misconduct that are announced. The study’s findings have practical implications for the JSE and its requirements for disclosure of ethical issues to firm principals.
{"title":"The effect of corporate ethical misconduct on JSE-listed companies’ returns","authors":"Makhosazane Luthuli, Tankiso Moloi","doi":"10.18488/11.v13i2.3642","DOIUrl":"https://doi.org/10.18488/11.v13i2.3642","url":null,"abstract":"The purpose of the study was to determine the relationship between corporate misconduct announcements and share prices. The study employed an event study methodology where data was collected from a sample of 30 companies that were listed on the Johannesburg Stock Exchange (JSE). Data collected spanned a period of ten years, from 2011 to 2020. The study’s findings demonstrate that there is no significant relationship between announced incidents of ethical misconduct by JSE-listed companies and the returns of the underlying shares. Previous studies of a similar nature have asserted that the announced ethical misconduct of a company has a significantly negative effect on its share price. The study considers the dynamics that exist between principals (shareholders) and their agents (directors), who are charged with the governance of listed companies. It considers the morality of the actions taken by agents in governing organisations and the implications for the equity returns of principals. Contrary to the previous studies and studies in other countries, analysed results imply that equity holders of JSE-listed companies do not significantly punish companies that have incidents of ethical misconduct that are announced. The study’s findings have practical implications for the JSE and its requirements for disclosure of ethical issues to firm principals.","PeriodicalId":36330,"journal":{"name":"International Journal of Management and Sustainability","volume":"50 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139964220","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}
This paper investigates the dynamic conditional correlations and volatility spillovers between global stock markets and international green bonds. Envisaging the linkages between the emerging green bond markets and global equities given the unforeseen global pandemic. We use R software to run bivariate VAR-BEKK GARCH and BEKK GARCH models to investigate the time-varying conditional volatility between global stock indices and green bond indices. Daily prices of all variables from October 2014 to April 2023 are sourced from the Bloomberg database. The short-term influence of past events, as well as the long-term persistence of green bonds, on the current conditional volatility of global equity indices of developed and emerging economies is observed. Whereas from equity markets to green bond indices, the short-term as well as long-term impact is confined to only 2-3 indices. The results provide future direction for policymakers, researchers, and global investors in hedging and creating an optimal portfolio.
{"title":"Diverse linkages between green bonds and equity indices of developed and developing economies","authors":"Deepa Pillai, Adesh Doifode, Neha Parashar, Trupti Bhosale, Aniruddha Ghosh, S. Surapalli, Rahul Sharma","doi":"10.18488/11.v13i2.3643","DOIUrl":"https://doi.org/10.18488/11.v13i2.3643","url":null,"abstract":"This paper investigates the dynamic conditional correlations and volatility spillovers between global stock markets and international green bonds. Envisaging the linkages between the emerging green bond markets and global equities given the unforeseen global pandemic. We use R software to run bivariate VAR-BEKK GARCH and BEKK GARCH models to investigate the time-varying conditional volatility between global stock indices and green bond indices. Daily prices of all variables from October 2014 to April 2023 are sourced from the Bloomberg database. The short-term influence of past events, as well as the long-term persistence of green bonds, on the current conditional volatility of global equity indices of developed and emerging economies is observed. Whereas from equity markets to green bond indices, the short-term as well as long-term impact is confined to only 2-3 indices. The results provide future direction for policymakers, researchers, and global investors in hedging and creating an optimal portfolio.","PeriodicalId":36330,"journal":{"name":"International Journal of Management and Sustainability","volume":"117 14","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139963630","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}
Wiyas Yulias Hasbu, Wahyudin Zarkasyi, Harry Suharman, S. Poulus
The study presents research clarifying the influence of leadership style, business ethics, and environmental performance on corporate social performance and its implications for corporate financial performance. A survey was done in manufacturing companies of Indonesia’s State Own Enterprise (SOE) and affiliates. Corporate performance is not solely directed towards shareholders or exclusively defined by financial measures; rather, it encompasses a focus on the impact of the organization on the society in which it operates. The style of leadership plays a crucial role in influencing the strategic management process, enabling the organization to implement successful strategies to realize its vision. Business ethics provide advantages to companies by fostering a favorable influence on their competitive edge in the corporate landscape. Environmental concerns are gaining growing significance among various corporate stakeholders, encompassing consumers, shareholders, prospective investors, creditors, regulatory bodies, employees, and the wider public. The finding of the study was that a leadership style had a positive influence on corporate social performance but a negative influence on corporate financial performance. Business ethics had a negative influence on financial performance but a positive influence on corporate social performance and environmental performance. Environmental performance had a negative influence on corporate social performance but positive influence on financial performance. Corporate social performance has a positive influence on corporate financial performance.
{"title":"The influence of leadership style, business ethics, and environmental performance toward corporate social performance and its impact on corporate financial performance","authors":"Wiyas Yulias Hasbu, Wahyudin Zarkasyi, Harry Suharman, S. Poulus","doi":"10.18488/11.v13i2.3631","DOIUrl":"https://doi.org/10.18488/11.v13i2.3631","url":null,"abstract":"The study presents research clarifying the influence of leadership style, business ethics, and environmental performance on corporate social performance and its implications for corporate financial performance. A survey was done in manufacturing companies of Indonesia’s State Own Enterprise (SOE) and affiliates. Corporate performance is not solely directed towards shareholders or exclusively defined by financial measures; rather, it encompasses a focus on the impact of the organization on the society in which it operates. The style of leadership plays a crucial role in influencing the strategic management process, enabling the organization to implement successful strategies to realize its vision. Business ethics provide advantages to companies by fostering a favorable influence on their competitive edge in the corporate landscape. Environmental concerns are gaining growing significance among various corporate stakeholders, encompassing consumers, shareholders, prospective investors, creditors, regulatory bodies, employees, and the wider public. The finding of the study was that a leadership style had a positive influence on corporate social performance but a negative influence on corporate financial performance. Business ethics had a negative influence on financial performance but a positive influence on corporate social performance and environmental performance. Environmental performance had a negative influence on corporate social performance but positive influence on financial performance. Corporate social performance has a positive influence on corporate financial performance.","PeriodicalId":36330,"journal":{"name":"International Journal of Management and Sustainability","volume":"30 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139811056","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}
Wiyas Yulias Hasbu, Wahyudin Zarkasyi, Harry Suharman, S. Poulus
The study presents research clarifying the influence of leadership style, business ethics, and environmental performance on corporate social performance and its implications for corporate financial performance. A survey was done in manufacturing companies of Indonesia’s State Own Enterprise (SOE) and affiliates. Corporate performance is not solely directed towards shareholders or exclusively defined by financial measures; rather, it encompasses a focus on the impact of the organization on the society in which it operates. The style of leadership plays a crucial role in influencing the strategic management process, enabling the organization to implement successful strategies to realize its vision. Business ethics provide advantages to companies by fostering a favorable influence on their competitive edge in the corporate landscape. Environmental concerns are gaining growing significance among various corporate stakeholders, encompassing consumers, shareholders, prospective investors, creditors, regulatory bodies, employees, and the wider public. The finding of the study was that a leadership style had a positive influence on corporate social performance but a negative influence on corporate financial performance. Business ethics had a negative influence on financial performance but a positive influence on corporate social performance and environmental performance. Environmental performance had a negative influence on corporate social performance but positive influence on financial performance. Corporate social performance has a positive influence on corporate financial performance.
{"title":"The influence of leadership style, business ethics, and environmental performance toward corporate social performance and its impact on corporate financial performance","authors":"Wiyas Yulias Hasbu, Wahyudin Zarkasyi, Harry Suharman, S. Poulus","doi":"10.18488/11.v13i2.3631","DOIUrl":"https://doi.org/10.18488/11.v13i2.3631","url":null,"abstract":"The study presents research clarifying the influence of leadership style, business ethics, and environmental performance on corporate social performance and its implications for corporate financial performance. A survey was done in manufacturing companies of Indonesia’s State Own Enterprise (SOE) and affiliates. Corporate performance is not solely directed towards shareholders or exclusively defined by financial measures; rather, it encompasses a focus on the impact of the organization on the society in which it operates. The style of leadership plays a crucial role in influencing the strategic management process, enabling the organization to implement successful strategies to realize its vision. Business ethics provide advantages to companies by fostering a favorable influence on their competitive edge in the corporate landscape. Environmental concerns are gaining growing significance among various corporate stakeholders, encompassing consumers, shareholders, prospective investors, creditors, regulatory bodies, employees, and the wider public. The finding of the study was that a leadership style had a positive influence on corporate social performance but a negative influence on corporate financial performance. Business ethics had a negative influence on financial performance but a positive influence on corporate social performance and environmental performance. Environmental performance had a negative influence on corporate social performance but positive influence on financial performance. Corporate social performance has a positive influence on corporate financial performance.","PeriodicalId":36330,"journal":{"name":"International Journal of Management and Sustainability","volume":"12 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139870857","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}