Economics Management and Sustainability

Journal Information
ISSN / EISSN : 2520-6303 / 2520-6303
Total articles ≅ 96
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Latest articles in this journal

Economics, Management and Sustainability, Volume 7, pp 70-85;

Sustainable Development in agriculture is taunted as a praxis to economic growth and development for several African economies. Agriculture remains one of the primary contributors to employment and food security in the sub-Saharan region, where incidences of drought and famine are prominent. However, the concept of sustainable agriculture remains ambiguous and vague in meaning-making; it is hard to implement at grassroots levels. In this systematic review article, agriculture development is advanced from social science perspective by identifying areas of concern and complementarity in the government approach to sustainability. A structured review in collaboration with desktop research was applied in this study. A sustainable framework was developed to provide an insight into sustainable development components and their outcomes. Furthermore, the study outcome highlights how actors involved in sustainable agriculture can deal with the multiplicity and complexity of this concept in a constructive manner.
Septi Fahmi Choirisa
Economics, Management and Sustainability, Volume 7, pp 86-94;

The Hotel Industry has had numerous detrimental consequences from the worldwide crisis of the Covid-19 pandemic. This study aims to examine the impact of the Covid-19 pandemic on hotel management and operations in Indonesia. A qualitative approach with semi-structured in-depth interviews was conducted with 13 managerial level participants in the hotel industry. This paper reveals that health protocols, pricing strategies, and cost-saving alter everyday management strategies. This study contributes to the management and operations strategies literature by untangling the dynamics of the pandemic situation. Furthermore, the suggested areas can help hotels recover from the Covid-19 pandemic by expanding the knowledge base. This study gives practical insight to support the hotel sector’s development and sustainability.
Economics, Management and Sustainability, Volume 7, pp 59-69;

Artificial intelligence (AI) has the potential to increase economic growth substantially across the world. This paper explores the predicted potentials of AI from macroeconomic perspectives, employing theoretical analysis and contextualizing Bangladesh. The study employs time series data to examine the effects of AI on the labor market and productivity. The findings indicate that Bangladesh was yet to realize the expected economic merits though the integrated number of AI-induced industry robots has been insignificant. For AI to be effective in Bangladesh, the country shall adopt more AI robots across the various sectors, mainly manufacturing and service. Besides, the country may complement the human labor force with AI labor instead of relying on only one as a source of labor.
Economics, Management and Sustainability, Volume 7, pp 17-33;

Global warming and increasingly volatile weather patterns, arguably caused by anthropogenic climate change, is one of the defining challenges facing the world today. It is therefore imperative that organisations proactively respond by not only disclosing the impact of climate change on their operations, but also by describing their initiatives to combat climate change. Against this backdrop, and since public sector organisations utilise public funds, we argue that public sector organisations should not only account to the public about their stewardship of public resources, but are also obliged to explain how they are safeguarding the public by acknowledging and combatting climate change. Our study therefore explores the disclosure of climate related activities from a purposively selected sample of government departments and organisations in South Africa, a country that has been lauded for the quality of corporate governance processes. We developed a climate change disclosure quality (CCDQ) index to assess the climate change disclosures of these public sector organisations. The CCDQ index applied to the most recent publicly available annual/integrated reports of the selected public sector organisations, took six key disclosure elements into account. While our results reveal that the majority of public sector organisations disclose climate related issues, not all do. Moreover, the extent and scope of these disclosures vary significantly. We accordingly recommend that a framework, utilising the disclosure elements described in this paper, be developed which could be applicable to both private and public sector organisations.
, , Boby Arinto, , Niken Sulistyarini
Economics, Management and Sustainability, Volume 7, pp 43-58;

The clothing industry is a high-growth industry that is attractive to be occupied by the business. However, behind its appeal, this industry brings harmful impacts to the environment. The fashion industry is considered the 2nd most destructive industry in the world. Environmental damage due to industry occurs not only in the production process but also in consumption and disposal. As the growth of this industry cannot be separated from consumer intervention, efforts to improve the environmental impact caused by this industry also require consumers’ role. Consumers can improve the environment through their consumption choices, such as replacing the usual products with more sustainable products. Therefore, it is essential to discover what factors can encourage consumers to consume more environmentally friendly apparel. This study intends to explore consumer motivation in deciding to buy environmentally friendly apparel by applying the extended theory of planned behavior. As an extension, this study includes two additional variables, namely environmental concern and environmental knowledge. This study involved 407 respondents who have followed some environmentally friendly apparel brands. The collected data would then be analyzed with smartPLS 3.0. The result of the study showed that all variables are proven to be significant in influencing consumers’ purchase intention for environmentally-friendly apparel, except for environmental concern, which influence is indirect through attitude. The result of this study gives new insight into what shapes the intention of buying environmentally-friendly apparel.
, Jelena Borisova
Economics, Management and Sustainability, Volume 7, pp 6-16;

Today, countries pursue not just to have higher or maintain economic growth, but society faces another challenge – to combat climate change: to have a slower increase in global temperature by decreasing the number of greenhouse gas emissions. Globalization processes have increased greenhouse gas emissions. The problem of climate change has become a widespread problem in all countries, as greenhouse gas emissions produced by any country have an overall impact on the earth's environment. Public administration and public policies face the problem of combating climate change, not constraining the economy too much. The purpose of the paper is to evaluate the extent to which EU countries are affected by climate change according to the economic and social factors of countries that can be seen as drivers of greenhouse gas emissions. The study relates intensity of greenhouse gas emission to the extent to which the country is possible to be exposed to climate change according to its data on industry, energy, waste, and agriculture of EU countries. The TOPSIS method is used to rank EU countries in extent of exposure to climate change. The conceptual approach to ranking climate change through the prism of countries' economic activities is developed. There are some research limitations – statistical data on industry, energy, waste, agriculture are limited in order to fulfil the tasks of the research.
Economics, Management and Sustainability;

This study aims to test the hypothesis that explains the relationship between tax revenue and government spending in six Indonesia regions. Furthermore, the units of analysis were districts and cities in each region from 2006 to 2017, and a Granger panel causality approach was used. The results showed that out of the six regions, five experienced bidirectional causality between tax revenues and local government spending, namely Java, Sumatra, Kalimantan, Sulawesi, and the Bali & Nusa Tenggara. Also, there was fiscal synchronization in five regions, while the tax-spend hypothesis applies in the Papua & Maluku regions. Therefore, the local governments in these regions need to be careful in deciding actions related to increasing revenue. This can be achieved through optimization from the tax sector, as well as increment in expenditure by encouraging public spending from the administration .
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.
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.
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.
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