Sustainability Papers
World scholars’ case studies to enrich our understanding of the sustainability world.
More to come...
Consumers Attitude Towards Organic Food
Mohamed Bilal Basha, Cordelia Mason, Mohd Farid Shamsudin, Hafezali Iqbal Hussain, Milad Abdelnabi Salem
Environment
Abstract of Paper:
The awareness on the harmful effects of chemicals present in food is increasing among the consumers. The trend towards purchasing organic food is growing among people. A study to identify what actually induces consumers to turn towards organic food is important. Some of the prominent motivating factors to purchase organic foods include environmental concern, health concern and lifestyle, product quality and subjective norms. This empirical study is aimed at identifying the purchase intention of consumers towards organic foods. The study predicts the purchase intention of consumers based on the influences of factors like environmental concern, health concern and lifestyle, product quality and subjective norms on the attitude towards organic foods. The results of the study show that quality of products, environmental concern, health concern and lifestyle are the most commonly stated motives for purchasing organic foods.
The Impacts of Motives, Barriers, and Behaviour on the Travel Package Attractiveness from Muslim Travelers Perspectives
Arman Hj. Ahmad, Izian Idris, Cordelia Mason, Muhammad Asyraf Hasim, Sulaiman Sajilan
Social
Abstract of Paper:
Travel agencies have modernized the way they communicate their package tours to travelers through digital technology. It is however imperative to also understand travelers’ needs in order to remain competitive in the market. In particular, it is crucial to clearly recognize the diversity in travel needs particularly the travel desires of Muslims travelers since they hold a different set of values and beliefs that guide their travel needs. Hence, this research attempts to understand Islamic travel needs among Muslim travelers and how such needs can impact the attractiveness of package tours in Malaysia. The travel needs of Muslim travelers i.e. travel motives, travel behavior and perceived travel barriers will be determined against the attractiveness of packaged tours. This paper proposes a conceptual model so that further analyses can be conducted and marketing strategies can be recommended to enhance the attractiveness of package tours developed by Travel agencies for Muslim travelers. By gaining a better understanding of Muslim traveler needs, tour operators in Klang Valley, Malaysia will be able to enhance their marketing strategies, increase the attractiveness and demand for their package tours and attract more Muslim travelers to travel with them.
The beneficial of firm size, board size, ownership structure, and independence in developing markets' firm performance: Evidence from Asia
Mohammed Almashhadani and Hasan Ahmed Almashhadani
Governance
Abstract of Paper:
The aim of the study is to test the effect of corporate governance on social, environmental, and firm performance. Most of previous empirical and theoretical studies have either focused on industrial and service companies in developed economies, however the current problem should be focused by most of the authors on all sectors is determining the impact of corporate governance in improving firm performance in both developed and developing countries. The current study is based on reviewing quantitative and secondary data studies. This study reviewed some studies; the panel data and cross sectional approach to reviewing the impact of corporate governance mechanisms on firm performance. The results of survey revealed that some of corporate governance mechanisms such as board size, diversity in gender, ownership structure board independence, and firm performance indicators like return on assets is almost has a positive link with firm performance. For example, we revealed that firm size and board size were insignificantly effect on firm performance. In addition, the age of the firm has a significant and positive impact on firm performance’ improvement. Nonetheless, in contrast, financial leverage has a significant and negative impact on the performance of the companies belong to industrial and service sectors. The current paper tries to cover the gap in the developing countries by reviewing studies done about corporate governance mechanisms and their impact on firm performance in the industrial and service sectors.
Purpose in Corporate Governance: The Path towards a More Sustainable World
Joan Enric Ricart and Carlos Rey
Governance
Abstract of Paper:
In order to give a more realistic view of how ESG and sustainability are developed in organisations, this paper explores the development of purpose in corporate governance and the challenges faced. The theme is analysed at the intersection between stakeholder theory and business models in two dimensions: the capability of the market to align stakeholders’ interests (invisible hand) and the trade-offs between purpose and profit. The analysis conducted gave rise to four scenarios with a range of theoretical and practical implications focused on corporate governance.