Economics, Management and Sustainability

Journal Information
ISSN / EISSN : 2520-6303 / 2520-6303
Total articles ≅ 89
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Godfrey Adda, Ghulam Ahmed Bin Donkor, John Bosco Azigwe, Nii Afotey Odai
Economics, Management and Sustainability, Volume 6, pp 6-20;

Corporate sustainability practices are vital to business survival. Hence, the need for targeted sustainable actions and corporate strategies capable of stimulating competitive advantage in terms of profitability and long-term existence of business entities. To this end, the study examines the influence of management commitment as an organisational factor on corporate sustainability integration in Ghana using corporate strategic decision-making as a mediating variable. Primary data was collected from SME owners and managers in Ghana; and the Warp partial least squares (PLS) estimation technique of the Structural Equation Model (SEM) was adopted for the analysis. The study makes a significant contribution to theory and knowledge in the context of SMEs within the corporate sustainability discourse. The study is situated on the empirical literature on the relevant concepts. This is followed by the methodology, analysis, discussions, findings, conclusions, contribution to knowledge, managerial implications, recommendations and limitations, followed by direction for future studies.
Orose Leelakulthanit
Economics, Management and Sustainability, Volume 6, pp 46-59;

As is well known, the characteristics of being human are important to all of us because they signify our basic identity as individuals. It can be asked, however, which of those characteristics are related to our well-being as that is assessed by our life satisfaction. It is the intention of this study to explore the connections among human character strengths and life satisfaction. The human character strengths studied here include curiosity, love of learning, wisdom, having a “big picture perspective,” self-awareness, honesty, kindness, social intelligence, intangible values, gift giving, social responsibility, and hope and humor. A total of 498 responses were collected from adult shoppers in Bangkok, Thailand. The results of the multiple regression analysis indicated that among the various human character strengths, as well the demographic characteristics, wisdom, self-awareness, household income, hope, education, social responsibility, and intangible values have positive impacts on life satisfaction The only negative element that was seen to have a negative influence on life satisfaction was curiosity. Further analyses of the significant determinants of life satisfaction for those with varying household incomes and levels of education were carried out and are discussed in this article.
Septi Fahmi Choirisa, Edi Purnomo, Anton Harianto
Economics, Management and Sustainability, Volume 6, pp 87-101;

Tourism in protected areas contributes to the financial sustainability of its sites. It has a positive impact on a stakeholder within and beyond the destinations through effective and efficient benefit-sharing. This study examine the environmental attitudes, community attachment, economic gain, and community involvement that will impact to the stakeholder perceptions to revitalization project in Komodo National Park, Indonesia. In the context of protected areas of World Heritage Sites by UNESCO, this project related to the extensive tourism infrastructure development from nature-based tourism to a new project of Jurassic Park. The concerns regarding the stakeholders’ support may have on expectations for tourism development. This research use the Social Exchange Theory (SET) and Weber’s Theory of Substantive and Formal Rationality (WTSFR) with a quantitative approach. A total of 182 questionnaires with Partial Least Squares-Structural Equation Modelling (PLS-SEM) were applied. Finding provides that stakeholder perceptions play a significant role as a mediator in shaping the relationship between each of variables to support tourism development. Ultimately, this study paves the way for improving normative practices toward Sustainability and offers practical solutions to the challenges the government and non-government organizations face to protect the endangered species, society, and the environment.
Felix Chikosha, N Potwana
Economics, Management and Sustainability, Volume 6, pp 102-118;

Green products have gained prominence on the market largely due to their perceived benefits of environmental sustainability. In view of the growth in influence of green products, the objectives of the study were to determine the impact of product quality on purchase intention for green products; to determine the impact of product quality on purchase intention of green products; to ascertain the influence of environmental concerns on purchase intention for green products; to establish the influence of situations affecting green product purchase on purchase intentions for green products; to establish the impact of preference for green products on purchase intention and to assess the impact of purchase intention on re-purchase intention of green products. To establish these facts the study adopted a quantitative methodology, which made use of a self-reporting questionnaire that was administered to consumer households in parts of Zimbabwe as the target population. The 497 responses received were accepted as the sample size of this study. Data collected was captured and analysed on SPSS (v22.0) and AMOS (v24.0) to yield descriptive and inferential statistics. Structural Equation Modelling was then used to provide estimates of the strength of all the hypothesised relationships. The key findings of the study were that green purchase intention was significantly and positively influenced by product quality, environmental concern, preference for green products, environmental responsibility and selection attributes, but not by situations affecting purchase behaviour. It was also found that purchase intention had a strong correlation with re-purchase intention. We thus propose that marketers need to formulate and implement green marketing strategies to improve consumer perceptions of green products. We also suggest that marketers should drop deceptive marketing practices that cause consumers to be skeptical about green products.
Gracia Gracia, Ratnawati Kurnia
Economics, Management and Sustainability, Volume 6, pp 132-145;

The auditor has responsibility to give audit opinion and identify whether the financial statements are free from material misstatement caused by fraud. The purpose of this research is to analyze the effect of competence, independence, time budget pressure, work experience and professional skepticism towards auditor’s ability to detect fraud. The object were auditors working at Public Accounting Firms in Tangerang and Jakarta. Primary data was collected by distributing questionnaires and analyzed by using multiple linear regression. The result are competence, work experience and professional skepticism have positive significant effect towards auditor’s ability to detect fraud. To increase auditor’s ability in detecting fraud, auditors should improve their competence to be able to perform audit in accordance with Professional Standards for Certified Public Accountants. Public Accounting Firms must improve their auditors experience by enhancing variety of audit works and widening knowledge in various industries. Auditors must maintain their professional skepticism to provide appropriate assessment of audit evidence.
Oshi Singhania, Sampada Swain, Babu George
Economics, Management and Sustainability, Volume 6, pp 60-71;

Tourism is considered as an essential source of generating employment, reducing poverty, and empowering women. Most of the tourism initiatives targeting poverty reduction primarily focus on providing income opportunities for women that only enhance their economic empowerment. Nevertheless, this does not usually lead to make overall development. This is attributed to the normative gender roles, cultural complexities, and power inequities that exist in societies. Additionally, most of the earlier research studies on tourism, poverty reduction, and women empowerment are also based on economic factors. Contrarily, limited studies are focused on non-economic factors. These non-economic factors are social, political, and psychological components that are essentially important for women's overall empowerment. Thus, these factors need to be studied comprehensively as they may hinder women’s participation in tourism activities. Having taken this background as the underlying problem of study, this paper is an attempt to highlight the social and political barriers impeding women empowerment and investigate about tourism development in the socio-political contexts affecting women, especially in rural areas, using case studies pertaining to different tourism destinations.
Winda Trisna Ryadi, Florentina Kurniasari, Kristianus Ade Sudiyono
Economics, Management and Sustainability, Volume 6, pp 146-159;

The e-grocery industry in Indonesia is multiplying and is expected to become one of the most important markets in the world. Massive amount of funding for e-grocery start-ups, the high desire of Indonesian consumers to buy grocery products online, and COVID19 are increasing the growth of e-grocery services in Indonesia. Although the desire to use e-grocery services in Indonesia is high, data shows that e-grocery adoption is still far below other e-commerce product categories such as fashion and electronics. Previous research and surveys also show that consumers will return to shopping for wholesale products offline and stop/reduce the use of e-grocery after the COVID19 pandemic. Therefore, this research is interested in examining the factors that can increase the adoption of e-grocery in Indonesia. Quantitative research was conducted using the purposive sampling method and obtained 135 respondents who have ever used e-grocery service/shopping in the JABODETABEK area. Data were analyzed using PLS-SEM (Partial Least Square – Structural Equation Model). The results of this study indicate that perceived risk has a negative effect on Trust. Social Influence, Perceived Usefulness, and Perceived Ease of Use have a positive effect on Trust. Social Influence and Perceived Ease of Use have a positive effect on Perceived Usefulness. However, it turns out that Trust in this study was not proven to affect the intention to use e-grocery services/shopping for grocery products online.
Branko Markovic, Dejan Ilic, Dragan Milosevic, Ivana Ilic
Economics, Management and Sustainability, Volume 6, pp 21-33;

The growing trend of the urban population looks for the formation of the concept of Smart Cities, based on the principles of sustainable development, which will meet the needs of people who live in them. The city must develop its public service infrastructure to provide all the requirements for the population. One of the requirements, people living in cities is the security of public areas managed by the city. The system of video surveillance, public areas should contribute to the personal safety of citizens, children and traffic, reducing the rate of crime and more efficient operation of public services. This research aims to examine academics' opinions (perceptions) about the impact of security cameras on increasing security within the concept of Smart Cities. The research had conducted on the territory of Serbia through an online survey. The obtained data were processed statistically by Chi-square and T-test, ANOVA method, multiple regression and correlation using SPSS application. The research indicates that academics much more believe in the contribution of video surveillance, reducing the crime rate, than studies of the effectiveness of the use of video surveillance shows. Video camera monitoring accelerates the reactions of competent services, but video camera recordings have not always been accepted as evidence in court.
Rashid Usman Shar, Absar Mithal Jiskani, Yin Qi
Economics, Management and Sustainability, Volume 6, pp 72-86;

Agriculture is the backbone of Pakistan's economy, highly depends on food crops. There is a huge gap between the products purchased and the actual products, which suffer from inadequate technology, inadequate resource use, inappropriate use of water and land, and inappropriate pests management studies, it's not just negatively affects production but also reduces production. Most farmers use synthetic chemicals to control pests, but they are often used in vain. In order to illustrate the main gaps and actual results of the main upland crops. The study examines the link between food security and GDP growth in Pakistan, including wheat, rice, sugarcane and maize, and water availability in Pakistan from 1999 to 2018. Periodic data are collected from the Pakistan Economic Survey (various sources). Use conventional miniature methods and refine Dickey-Fuller (ADF) testing to analyze crop data, and use Johansen aggregation testing to interpret results. Our research found that wheat, rice, sugarcane, and maize yields were positively correlated with Pakistan's agricultural GDP, while water supply was negatively correlated with Pakistan's agricultural GDP without significant correlation. Water resources related to climate change and the context of climate change will have a devastating effect on Pakistan's water resources. Therefore, the study suggests that the Pakistani government should provide major agricultural inputs on subsidies formulate policies, and launch new funding programs to develop and improve water availability.
Cristian Paun, Radu Musetescu, Radu Isaic, Gheorghe Cosmin Manea, Hezi-Aviram Shayb
Economics, Management and Sustainability, Volume 6, pp 34-45;

Modern economies are disturbed by recessions that became more and more globalized, much contagious between countries and regions and with higher negative impact during recessions. In this dynamic context, the recovery after recession is essential to prepare the economy for the next business cycle. Understanding of these business cycles (their causes and impact) is fundamental for public policies that should avoid to be pro-cyclical and to add more vulnerabilities to the existing ones. The economic resilience is now a key concept and refers to the capacity of the economy to recover after any recession. The aim of this paper was to explore the relationship between the dimension of the state and the resilience of the economic system by using a global panel data. The study includes 87 countries (870 observations) and data covering 2009 – 2019 provided by World Bank. We used 2 depending variables: GDP gap and GDP per capita gap and 12 explanatory variables grouped in 4 categories: dimension of the state, the quality of public governance, economic development and regional/global economic dependence). The results are robust and significant, confirming that the dimension of the public intervention and the quality of the public governance & administration have a clear impact on the economic resilience and recovery between business cycles.
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