Venture capital (VC) plays a vital role in fostering revolution and entrepreneurship in emerging economies. However, attracting VC investments remains a significant challenge for startups in these markets. This study investigates the macro and micro factors influencing VC attraction in the Bangladeshi startup ecosystem, employing a mixed-methods approach. A systematic literature review was performed to recognize the key factors influencing VC attraction in emerging markets. Qualitative interviews with 20 stakeholders, including startup founders, investors, and policymakers, were undertaken to gain insights into the challenges and opportunities for VC attraction in Bangladesh. Quantitative analysis of secondary data on VC investments and startup characteristics was executed to examine the associations connecting the identified factors and VC investment amount. The findings reveal that government policies, human capital availability, and informal institutions are critical macro factors influencing VC attraction, while founder and team characteristics, business model and scalability, and traction and validation are key micro factors. The study contributes to the literature on VC in developing economies by providing a comprehensive examination of the interplay of institutional, human capital, cultural, and startup-specific factors shaping VC investment decisions. The findings have important implications for policymakers, investors, and entrepreneurs seeking to foster a more vibrant and sustainable startup ecosystem in Bangladesh and beyond. The research underlines the need for a holistic approach to addressing the challenges and leveraging the opportunities for VC attraction in emerging markets.
{"title":"Reimagining entrepreneurship by utilizing venture dynamics in sharing economy: Evaluating the symbiosis of macro and micro factors for sustainable capital flows in developing markets","authors":"Sajid Amit, Roger Levermore, Abdulla Al Kafy","doi":"10.1002/bsd2.417","DOIUrl":"10.1002/bsd2.417","url":null,"abstract":"<p>Venture capital (VC) plays a vital role in fostering revolution and entrepreneurship in emerging economies. However, attracting VC investments remains a significant challenge for startups in these markets. This study investigates the macro and micro factors influencing VC attraction in the Bangladeshi startup ecosystem, employing a mixed-methods approach. A systematic literature review was performed to recognize the key factors influencing VC attraction in emerging markets. Qualitative interviews with 20 stakeholders, including startup founders, investors, and policymakers, were undertaken to gain insights into the challenges and opportunities for VC attraction in Bangladesh. Quantitative analysis of secondary data on VC investments and startup characteristics was executed to examine the associations connecting the identified factors and VC investment amount. The findings reveal that government policies, human capital availability, and informal institutions are critical macro factors influencing VC attraction, while founder and team characteristics, business model and scalability, and traction and validation are key micro factors. The study contributes to the literature on VC in developing economies by providing a comprehensive examination of the interplay of institutional, human capital, cultural, and startup-specific factors shaping VC investment decisions. The findings have important implications for policymakers, investors, and entrepreneurs seeking to foster a more vibrant and sustainable startup ecosystem in Bangladesh and beyond. The research underlines the need for a holistic approach to addressing the challenges and leveraging the opportunities for VC attraction in emerging markets.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"7 3","pages":""},"PeriodicalIF":4.8,"publicationDate":"2024-08-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141933290","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}
Vulnerability to modern slavery in Indonesia, particularly driven by poverty and discrimination against minority groups, has become a primary concern in the context of information transparency. This study aims to investigate the factors that can support the reporting quality of modern slavery in Indonesia, namely the industry sector, profitability, social responsibility commitment, and gender diversity as the moderating variable. The research utilized a sample of 225 companies listed on the Indonesia stock exchange (IDX) from 2020 to 2022. Data were collected from financial reports and sustainability reports as well as the Refinitiv Eikon database. Panel data regression analysis was conducted to analyze the determinants of the disclosure quality. The research findings indicate that high-risk industry sectors tend to disclose less information regarding modern slavery, with this outcome having a partially negative impact. However, profitability is not associated with the quality of voluntary modern slavery disclosure. In contrast, corporate responsibility commitment is positively associated. Additionally, this study reveals that gender diversity does not moderate the association between the industry sector, profitability, and corporate responsibility commitment with the disclosure quality of modern slavery. This research contributes to the growing literature on the accountability of modern slavery in an emerging country context through institutional theory and gender socialization theory lenses by identifying the firm-level factors to enhance corporate disclosure in this area. This study also contributes to corporate understanding of modern slavery issues within supply chains. With growing attention to this problem, the awareness of labor exploitation within corporate supply chains is also increasing. The findings of this research can assist companies in recognizing the importance of transparency and voluntary disclosure regarding modern slavery in their supply chains.
{"title":"Exploring the drivers of modern slavery reporting quality in Indonesia","authors":"Afifah Muawanah, Desi Adhariani","doi":"10.1002/bsd2.420","DOIUrl":"10.1002/bsd2.420","url":null,"abstract":"<p>Vulnerability to modern slavery in Indonesia, particularly driven by poverty and discrimination against minority groups, has become a primary concern in the context of information transparency. This study aims to investigate the factors that can support the reporting quality of modern slavery in Indonesia, namely the industry sector, profitability, social responsibility commitment, and gender diversity as the moderating variable. The research utilized a sample of 225 companies listed on the Indonesia stock exchange (IDX) from 2020 to 2022. Data were collected from financial reports and sustainability reports as well as the Refinitiv Eikon database. Panel data regression analysis was conducted to analyze the determinants of the disclosure quality. The research findings indicate that high-risk industry sectors tend to disclose less information regarding modern slavery, with this outcome having a partially negative impact. However, profitability is not associated with the quality of voluntary modern slavery disclosure. In contrast, corporate responsibility commitment is positively associated. Additionally, this study reveals that gender diversity does not moderate the association between the industry sector, profitability, and corporate responsibility commitment with the disclosure quality of modern slavery. This research contributes to the growing literature on the accountability of modern slavery in an emerging country context through institutional theory and gender socialization theory lenses by identifying the firm-level factors to enhance corporate disclosure in this area. This study also contributes to corporate understanding of modern slavery issues within supply chains. With growing attention to this problem, the awareness of labor exploitation within corporate supply chains is also increasing. The findings of this research can assist companies in recognizing the importance of transparency and voluntary disclosure regarding modern slavery in their supply chains.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"7 3","pages":""},"PeriodicalIF":4.8,"publicationDate":"2024-08-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141933255","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}
Drawing on value-belief-norm theory and the theory of planned behavior, this study examines the gap between the application of green marketing strategies and their effectiveness in harnessing green purchase intentions through green attitudes and the use of generative artificial intelligence (AI) by Generation Z consumers. This study explores a mediated moderating model using partial least squares structural equation modeling with data collected from 357 randomly selected Generation Z consumers. The results reveal that among three green marketing strategies—green advertising, green labeling, and green packaging—only green packaging has a direct and positive influence on purchase intention, while the others do not. Moreover, green attitude has been found to be a positive and significant mediator in the relationship between green marketing strategies and purchase intention. This suggests that green marketing strategies cannot directly spark green purchase intentions; instead, the effectiveness of these depends on intervening variables like green attitude. Furthermore, the study also shows that the use of generative AI by young consumers enhances the positive role of green attitude toward purchase intention. Based on the findings, implications for theory and practice are provided, followed by arguments on research limitations and directions for future studies.
本研究以价值-信念-规范理论和计划行为理论为基础,探讨了绿色营销策略的应用及其通过绿色态度和 Z 世代消费者使用生成式人工智能(AI)来利用绿色购买意愿的有效性之间的差距。本研究利用偏最小二乘法结构方程模型,从随机抽取的 357 名 Z 世代消费者中收集数据,探索了一个中介调节模型。结果显示,在绿色广告、绿色标签和绿色包装这三种绿色营销策略中,只有绿色包装对购买意向有直接的积极影响,而其他策略则没有。此外,研究还发现,在绿色营销策略与购买意向之间,绿色态度是一个积极且显著的中介因素。这表明,绿色营销策略并不能直接激发绿色购买意向,其效果取决于绿色态度等干预变量。此外,研究还表明,年轻消费者使用生成式人工智能会增强绿色态度对购买意向的积极作用。在研究结果的基础上,我们提出了理论和实践方面的启示,并论证了研究的局限性和未来研究的方向。
{"title":"Harnessing green purchase intention of generation Z consumers through green marketing strategies","authors":"Faraj Mazyed Faraj Aldaihani, Md Asadul Islam, Seyed Ghasem Saatchi, Md Anamul Haque","doi":"10.1002/bsd2.419","DOIUrl":"10.1002/bsd2.419","url":null,"abstract":"<p>Drawing on value-belief-norm theory and the theory of planned behavior, this study examines the gap between the application of green marketing strategies and their effectiveness in harnessing green purchase intentions through green attitudes and the use of generative artificial intelligence (AI) by Generation Z consumers. This study explores a mediated moderating model using partial least squares structural equation modeling with data collected from 357 randomly selected Generation Z consumers. The results reveal that among three green marketing strategies—green advertising, green labeling, and green packaging—only green packaging has a direct and positive influence on purchase intention, while the others do not. Moreover, green attitude has been found to be a positive and significant mediator in the relationship between green marketing strategies and purchase intention. This suggests that green marketing strategies cannot directly spark green purchase intentions; instead, the effectiveness of these depends on intervening variables like green attitude. Furthermore, the study also shows that the use of generative AI by young consumers enhances the positive role of green attitude toward purchase intention. Based on the findings, implications for theory and practice are provided, followed by arguments on research limitations and directions for future studies.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"7 3","pages":""},"PeriodicalIF":4.8,"publicationDate":"2024-08-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141933256","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 study aims to determine the drivers related to corporate social responsibility (CSR) and green brand experience that drive green brand loyalty (GBL), ranking the relative importance of these drivers while providing additional explanations for the ranking results. Data were collected from individuals with at least 5 years of experience consuming green agricultural products in Vietnam. The Delphi method and analytic hierarchy process (AHP) were employed in combination to address the research objectives. The research results indicated that both CSR and green brand experience can promote stakeholder engagement and enhance GBL, with components of green brand experience being evaluated as more crucial. The drivers within green brand experience and CSR were ranked in importance. The study makes significant scientific and practical contributions by combining qualitative and quantitative methods in this field, integrating components of CSR and green brand experience within an analytical framework to compare their importance in fostering GBL.
{"title":"Drivers of green brand loyalty: Stakeholder engagement through corporate social responsibility and brand experience","authors":"Truong Thi Hue","doi":"10.1002/bsd2.422","DOIUrl":"10.1002/bsd2.422","url":null,"abstract":"<p>This study aims to determine the drivers related to corporate social responsibility (CSR) and green brand experience that drive green brand loyalty (GBL), ranking the relative importance of these drivers while providing additional explanations for the ranking results. Data were collected from individuals with at least 5 years of experience consuming green agricultural products in Vietnam. The Delphi method and analytic hierarchy process (AHP) were employed in combination to address the research objectives. The research results indicated that both CSR and green brand experience can promote stakeholder engagement and enhance GBL, with components of green brand experience being evaluated as more crucial. The drivers within green brand experience and CSR were ranked in importance. The study makes significant scientific and practical contributions by combining qualitative and quantitative methods in this field, integrating components of CSR and green brand experience within an analytical framework to compare their importance in fostering GBL.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"7 3","pages":""},"PeriodicalIF":4.8,"publicationDate":"2024-08-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141933289","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 study investigates the primary factors driving sustainable performance in financial institutions, focusing on the effect of social and environmental aspects of a balanced scorecard on the performance of financial institutions in Ethiopia. It also examines how management commitment moderates the relationship between these social and environmental dimensions and institutional performance. The research adopts a descriptive and explanatory design, utilizing proportional stratified sampling followed by systematic random sampling. From a population of 4990, a sample of 480 was determined using Daniel Soper's formula for structural equation modeling, accounting for an expected effect size of 0.23, a statistical power level of 0.95, and a probability level of .05. Data analysis involved descriptive statistics, covariance-based structural equation modeling, and the interaction-term method for moderation. Findings indicate a significant positive relationship between the social and environmental dimensions of the balanced scorecard and the performance of Ethiopian financial institutions. Additionally, management commitment significantly enhances this relationship. The study confirms that incorporating social and environmental metrics into the balanced scorecard positively impacts financial institution performance, emphasizing the importance of sustainability in performance measurement frameworks. This research underscores the practical implications of integrating sustainability metrics and management commitment in enhancing institutional performance.
{"title":"Intergating sustainability with performance: Effect of social and environmental dimensions of the balanced scorecard on the performance of financial institutions in Ethiopia, moderated by management commitment","authors":"Nathenael Fentaw Ayele, Manjit Singh","doi":"10.1002/bsd2.414","DOIUrl":"10.1002/bsd2.414","url":null,"abstract":"<p>This study investigates the primary factors driving sustainable performance in financial institutions, focusing on the effect of social and environmental aspects of a balanced scorecard on the performance of financial institutions in Ethiopia. It also examines how management commitment moderates the relationship between these social and environmental dimensions and institutional performance. The research adopts a descriptive and explanatory design, utilizing proportional stratified sampling followed by systematic random sampling. From a population of 4990, a sample of 480 was determined using Daniel Soper's formula for structural equation modeling, accounting for an expected effect size of 0.23, a statistical power level of 0.95, and a probability level of .05. Data analysis involved descriptive statistics, covariance-based structural equation modeling, and the interaction-term method for moderation. Findings indicate a significant positive relationship between the social and environmental dimensions of the balanced scorecard and the performance of Ethiopian financial institutions. Additionally, management commitment significantly enhances this relationship. The study confirms that incorporating social and environmental metrics into the balanced scorecard positively impacts financial institution performance, emphasizing the importance of sustainability in performance measurement frameworks. This research underscores the practical implications of integrating sustainability metrics and management commitment in enhancing institutional performance.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"7 3","pages":""},"PeriodicalIF":4.8,"publicationDate":"2024-08-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141933292","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 research aims to analyze the influence of Chief Executive Officer (CEO) power factors on corporate social responsibility (CSR) disclosure by listed companies on the Vietnamese stock market. To examine the relationship between CEO power and CSR disclosure (CSRD), our study used the generalized method of moments (GMM) estimation method with panel data from 210 listed companies on the Vietnamese stock market during the period 2015–2022. The research results indicate that factors such as duality, tenure, share ownership, and CEO compensation reduce the level of CSR disclosure by companies. On the other hand, CEO education and age show a positive relationship with disclosure level. The empirical results of this study provide a solid foundation for managers to establish effective corporate governance mechanisms and enhance the quality of sustainable reporting by companies.
{"title":"Is CEO power linked to corporate social responsibility disclosure? Evidence from an emerging economy","authors":"Nguyen Vinh Khuong, Nguyen Nhat Anh, Nguyen Thuy Trang, Trinh Hoang Uyen, Nguyen Ngoc Khanh Tien","doi":"10.1002/bsd2.415","DOIUrl":"10.1002/bsd2.415","url":null,"abstract":"<p>The research aims to analyze the influence of Chief Executive Officer (CEO) power factors on corporate social responsibility (CSR) disclosure by listed companies on the Vietnamese stock market. To examine the relationship between CEO power and CSR disclosure (CSRD), our study used the generalized method of moments (GMM) estimation method with panel data from 210 listed companies on the Vietnamese stock market during the period 2015–2022. The research results indicate that factors such as duality, tenure, share ownership, and CEO compensation reduce the level of CSR disclosure by companies. On the other hand, CEO education and age show a positive relationship with disclosure level. The empirical results of this study provide a solid foundation for managers to establish effective corporate governance mechanisms and enhance the quality of sustainable reporting by companies.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"7 3","pages":""},"PeriodicalIF":4.8,"publicationDate":"2024-08-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141933386","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}
Women entrepreneurs of Bangladesh face strict terms and conditions, high interest rate, and collateral requirements while requesting access to bank finance. This paper investigates the role of banks in promoting micro and small businesses owned by women in Bangladesh in terms of access to bank finance and collateral requirement. Bangladeshi women entrepreneurs were chosen as there are surge in women entrepreneurs in the nation. The study used a close-ended questionnaire to collect data based on stratified sampling and data health was ensured using the Harman's single factor indicating no presence of common method bias. The sample consists of 60 respondents of pilot study and 150 respondents surveyed by trained enumerators resulting a final sample size of 210. The data were collected based on primary sources from the entire Bangladesh represented by the eight divisions of the country namely Dhaka, Barishal, Chittagong, Khulna, Mymensingh, Rajshahi, Rangpur, and Sylhet. The data were analyzed based on the binary logistic regression model using the IBM SPSS Statistics. Empirical results indicate that women entrepreneurs can be granted bank finance only by the private commercial banks without pledging collateralized assets according to the rules of the central bank of Bangladesh provided they offer personal guarantee, social security and group guarantee and if they default on the loans, security will be used for loan repayment, and they will be deprived of further loan facilities. The findings of the study will help add value to the current literatures and the outcomes will be helpful to the concerned parties.
{"title":"Investigating the role of banks in promoting women-owned micro and small businesses empirical evidence from an emerging economy","authors":"Sadia Noor Khan, Tasneema Khan, Khondokar Jilhajj","doi":"10.1002/bsd2.418","DOIUrl":"10.1002/bsd2.418","url":null,"abstract":"<p>Women entrepreneurs of Bangladesh face strict terms and conditions, high interest rate, and collateral requirements while requesting access to bank finance. This paper investigates the role of banks in promoting micro and small businesses owned by women in Bangladesh in terms of access to bank finance and collateral requirement. Bangladeshi women entrepreneurs were chosen as there are surge in women entrepreneurs in the nation. The study used a close-ended questionnaire to collect data based on stratified sampling and data health was ensured using the Harman's single factor indicating no presence of common method bias. The sample consists of 60 respondents of pilot study and 150 respondents surveyed by trained enumerators resulting a final sample size of 210. The data were collected based on primary sources from the entire Bangladesh represented by the eight divisions of the country namely Dhaka, Barishal, Chittagong, Khulna, Mymensingh, Rajshahi, Rangpur, and Sylhet. The data were analyzed based on the binary logistic regression model using the IBM SPSS Statistics. Empirical results indicate that women entrepreneurs can be granted bank finance only by the private commercial banks without pledging collateralized assets according to the rules of the central bank of Bangladesh provided they offer personal guarantee, social security and group guarantee and if they default on the loans, security will be used for loan repayment, and they will be deprived of further loan facilities. The findings of the study will help add value to the current literatures and the outcomes will be helpful to the concerned parties.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"7 3","pages":""},"PeriodicalIF":4.8,"publicationDate":"2024-08-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141933291","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 substantial influence of the board of directors on company performance is a key area of focus in global business management. This study examines the moderating effect of government support on the board of director's role in the relationship between perceived risks and the nonfinancial performance of firms. A survey was conducted among 480 Colombian exporting companies from August to December 2023 to achieve this aim. The data were analyzed using a structural equation model. One significant gap in the literature is the need to identify specific actions and behaviors of companies across various economic sectors, such as exporting Small and Medium Enterprises, to develop strategies for managing risks associated with nonfinancial performance. Additionally, examining the moderating role of government support in achieving business sustainability standards is critical. The findings reveal that human risk (psychological and social) does not significantly affect nonfinancial performance when government support directly influences board decision-making. However, operational risk impacts nonfinancial performance when board directors possess extensive environmental information and leverage government support to implement necessary actions. This understanding enables firms to navigate their operational context more effectively and seize available opportunities.
{"title":"Enhancing board of director decision-making: The impact of government support on risk management and nonfinancial performance","authors":"Diana Escandon-Barbosa, Jairo Salas-Paramo","doi":"10.1002/bsd2.413","DOIUrl":"10.1002/bsd2.413","url":null,"abstract":"<p>The substantial influence of the board of directors on company performance is a key area of focus in global business management. This study examines the moderating effect of government support on the board of director's role in the relationship between perceived risks and the nonfinancial performance of firms. A survey was conducted among 480 Colombian exporting companies from August to December 2023 to achieve this aim. The data were analyzed using a structural equation model. One significant gap in the literature is the need to identify specific actions and behaviors of companies across various economic sectors, such as exporting Small and Medium Enterprises, to develop strategies for managing risks associated with nonfinancial performance. Additionally, examining the moderating role of government support in achieving business sustainability standards is critical. The findings reveal that human risk (psychological and social) does not significantly affect nonfinancial performance when government support directly influences board decision-making. However, operational risk impacts nonfinancial performance when board directors possess extensive environmental information and leverage government support to implement necessary actions. This understanding enables firms to navigate their operational context more effectively and seize available opportunities.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"7 3","pages":""},"PeriodicalIF":4.8,"publicationDate":"2024-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bsd2.413","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141881911","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Zainabu Shabani Bungwa, Pius Zebhe Yanda, James Lyimo
Coastal forest ecosystems can benefit from an empirical study of the sustainable governance of natural gas exploration. But, policymakers and practitioners cannot make informed decisions in the absence of thorough and comprehensive research. This study examines empirical research on the sustainable governance of natural gas exploration within the coastal forest ecosystem, identifies research gaps and outlines future directions. Researchers utilised the theories, context, characteristics, and methodologies (TCCM) analysis in the systematic narrative review of nine studies. The study findings revealed that sustainable governance of natural gas exploration to lessen coastal forest ecological consequences is questionable since most of the study indicated negative impacts on coastal forests. Furthermore, the study findings contributed by identifying the most prominent theories, such as economic theory and efficient taxation, which are thought to maximise long-term economic benefits while minimising the degradation of forest ecosystems. Natural gas exploration-related taxes have the potential to support conservation initiatives and coastal forest ecosystem restoration. Furthermore, the study acknowledges that most studies do not have guidelines for evaluating the concepts of sustainable governance. Moreover, the research suggests the need for sustainable governance that strikes a balance between the goals of natural gas development and the protection of coastal forest ecosystems, enacts laws and regulations that promote good governance towards the Green House Gases protocol, and sets up monitoring and control mechanisms. Furthermore, the government should provide incentives, such as research grants, to encourage research and dissemination, as well as sustainable management techniques for natural gas extraction and coastal forest ecosystem management and conservation.
{"title":"Sustainable governance of natural gas exploration: A coastal forest ecosystem perspective","authors":"Zainabu Shabani Bungwa, Pius Zebhe Yanda, James Lyimo","doi":"10.1002/bsd2.411","DOIUrl":"10.1002/bsd2.411","url":null,"abstract":"<p>Coastal forest ecosystems can benefit from an empirical study of the sustainable governance of natural gas exploration. But, policymakers and practitioners cannot make informed decisions in the absence of thorough and comprehensive research. This study examines empirical research on the sustainable governance of natural gas exploration within the coastal forest ecosystem, identifies research gaps and outlines future directions. Researchers utilised the theories, context, characteristics, and methodologies (TCCM) analysis in the systematic narrative review of nine studies. The study findings revealed that sustainable governance of natural gas exploration to lessen coastal forest ecological consequences is questionable since most of the study indicated negative impacts on coastal forests. Furthermore, the study findings contributed by identifying the most prominent theories, such as economic theory and efficient taxation, which are thought to maximise long-term economic benefits while minimising the degradation of forest ecosystems. Natural gas exploration-related taxes have the potential to support conservation initiatives and coastal forest ecosystem restoration. Furthermore, the study acknowledges that most studies do not have guidelines for evaluating the concepts of sustainable governance. Moreover, the research suggests the need for sustainable governance that strikes a balance between the goals of natural gas development and the protection of coastal forest ecosystems, enacts laws and regulations that promote good governance towards the Green House Gases protocol, and sets up monitoring and control mechanisms. Furthermore, the government should provide incentives, such as research grants, to encourage research and dissemination, as well as sustainable management techniques for natural gas extraction and coastal forest ecosystem management and conservation.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"7 3","pages":""},"PeriodicalIF":4.8,"publicationDate":"2024-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141881820","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}
Ardianto Ardianto, Suham Cahyono, Noor Adwa Sulaiman
This study examines the relationship between family-run businesses and the quality of environmental, social, and governance (ESG) disclosure, with a specific focus on the influence of the COVID-19 pandemic. Drawing on a sample of 559 firm-year observations from publicly listed companies in ASEAN countries spanning from 2019 to 2022, this study measure ESG disclosure quality using the global reporting initiative guidelines for sustainability reports. Family-run businesses are identified as those with family members serving on the board of directors. This study finding reveals that family-run businesses exhibit higher ESG disclosure quality compared to companies without family representation on their boards. Furthermore, results show a significant positive impact of the COVID-19 pandemic on the relationship between family-run businesses and their ESG disclosure practices. The implications of this study are significant for various stakeholders, including owners, management, and regulators. This research contributes to the existing literature by offering empirical evidence on the relationship between family-run businesses and ESG disclosure within the context of ASEAN countries, particularly amidst the COVID-19 pandemic. By shedding light on the positive association between family involvement and ESG disclosure quality, this study provides valuable insights for practitioners and policymakers seeking to promote sustainable business practices in emerging markets.
{"title":"CEOs family on the boardroom and environmental, social, and governance disclosure: Exploring from economic crisis during COVID-19","authors":"Ardianto Ardianto, Suham Cahyono, Noor Adwa Sulaiman","doi":"10.1002/bsd2.409","DOIUrl":"10.1002/bsd2.409","url":null,"abstract":"<p>This study examines the relationship between family-run businesses and the quality of environmental, social, and governance (ESG) disclosure, with a specific focus on the influence of the COVID-19 pandemic. Drawing on a sample of 559 firm-year observations from publicly listed companies in ASEAN countries spanning from 2019 to 2022, this study measure ESG disclosure quality using the global reporting initiative guidelines for sustainability reports. Family-run businesses are identified as those with family members serving on the board of directors. This study finding reveals that family-run businesses exhibit higher ESG disclosure quality compared to companies without family representation on their boards. Furthermore, results show a significant positive impact of the COVID-19 pandemic on the relationship between family-run businesses and their ESG disclosure practices. The implications of this study are significant for various stakeholders, including owners, management, and regulators. This research contributes to the existing literature by offering empirical evidence on the relationship between family-run businesses and ESG disclosure within the context of ASEAN countries, particularly amidst the COVID-19 pandemic. By shedding light on the positive association between family involvement and ESG disclosure quality, this study provides valuable insights for practitioners and policymakers seeking to promote sustainable business practices in emerging markets.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"7 3","pages":""},"PeriodicalIF":4.8,"publicationDate":"2024-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141881821","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}