• Title/Summary/Keyword: SUSTAINABLE DEVELOPMENT

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Determinants of Sustainability Disclosure: Empirical Evidence from Vietnam

  • NGUYEN, Anh Huu;NGUYEN, Linh Ha
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.6
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    • pp.73-84
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    • 2020
  • The paper investigates the effect of the factors on the disclosure of sustainable development information of enterprises. The research sample includes 120 manufacturing companies listed on Vietnam stock market in 2019. This research uses ordinary least squares (OLS) to address econometric issues and to improve the accuracy of the regression coefficients. The empirical results show that five variables have a statistically significant positive effect on disclosure of sustainable development information of manufacturing companies, including firm size (SIZE), independence of board of directors (BOD), foreign ownership (FRO), return on equity (ROE), and financial leverage (LEV). The results indicate that state ownership (STO) has a statistically significant negative effect on disclosure of sustainable development information of manufacturing companies listed on Vietnam stock market. Besides, the research results also show there is a large difference in the disclosure of sustainable development information between listed companies in Vietnam, those of other emerging economies in the region, and the companies in developed markets. Therefore, this paper provides a new insight to managers and related parties on how to improve the firm's sustainability disclosure to bring benefit for the firm itself and the stakeholders by reasonable decisions about the factors that affect disclosure of sustainable development information.

Re-visitation Choice Impacts of Consideration on Sustainable Tourism Development - Using Logit and Probit Models - (지속가능한 관광개발 의식이 지역 재방문 선택에 미치는 영향 - 로짓모형과 프로빗모형을 활용하여 -)

  • Shin, Sang-Hyun;Yun, Hee-Jeong
    • Journal of Korean Society of Rural Planning
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    • v.17 no.1
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    • pp.59-65
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    • 2011
  • Re-visitation have an effect on dependent variables of regional tourism demand model. This study focused on the re-visitation impacts of consideration on sustainable tourism development of tourists as a new factors of tourism. Based on literature reviews, 11 variables were selected, a questionnaire survey was given to 406 tourists divided into 5 tourism sites at Chuncheon city, and logit model and probit model were used for analysis. The fitness levels of two models were very significant(p=0.0000). The study results suggest that the likelihood of the rural tourist to make a return visit is influenced by recognition of sustainable tourism, purchase of souvenir and farm produce, visitation of regional shops, conversation with regional residents, residents' participation on development, age and marriage. The results of such re-visitation demand can provide information for regional development strategies. The approach to re-visitation research impacts of consideration on sustainable tourism development is expected to become a useful foundation in studying on sustainable regional development.

A Study on Inclusive Green Growth of South Korea: Focusing on Sustainable Development Goals, Climate Change, and Ecosystem Services

  • Park, Hun;Kang, Sunggoo
    • Proceedings of the National Institute of Ecology of the Republic of Korea
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    • v.2 no.2
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    • pp.82-95
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    • 2021
  • Current international negotiation and cooperation for sustainable development are focused on three main themes. The first theme is implementation of Sustainable Development Goals (SDGs). The second theme is development of measures for climate change. The third theme is sustainable management of biodiversity and ecosystem services. In South Korea, responses of government policies and academic studies have been predominantly to one of these three themes. There have not been many integrated efforts to develop countermeasures considering all three international themes. In addition, while "green growth" policies have been setting national agendas for Korea's sustainable development, they must be scrutinized such as why they have not dealt with some parts of these three themes and whether they have ignored one of these themes due to lack of integrated responses. This study finds critical issues in South Korea on how to harmoniously respond to the three themes of international efforts and improve green growth policies. First, to achieve SDGs, the domestic statistical system must be reorganized to track the achievement of "inclusiveness" and "green growth". Second, the climate change response policy should seek inclusion between countries and between social groups. Third, in the field of biodiversity and ecosystem services, it is necessary to establish Korea's identity in global geopolitics and enhance its own traditional ecological knowledge. Fourth, it is necessary to consider how to solve discrepancy between climate change response policies and biodiversity-ecosystem service management policies. Finally, proactive improvement of laws and institutions must occur to promote inclusive green growth.

Non-Financial Performance and Transformational Leadership: Interaction and Impact on Sustainable Development Practices in Jordan

  • GHAZALAT, Anas;JUNDI, Khaled
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.7
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    • pp.215-224
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    • 2021
  • This article emphasizes the consequences of exploring the relationship between sustainable development practices and non-financial performing factors. Also, it investigates the combined effects of the transformational leadership style on the relationship between sustainable development practices and non-financial performing factors. Using primary data sources, this study reviews the literature on the relationship between the factors of the effectiveness of sustainable development practices of Jordanian contractors and non-financial performance. A total of 290 questionnaires were personally distributed to contractors in the Amman district in Jordan. Only 253 questionnaires were returned and usable for further analysis, which represents a response rate of 87%. Data was collected from October 2020 until April 2020. Hypotheses were tested through multiple regression analysis, and hypotheses for interacting effect were examined through hierarchical multiple regression analysis. Based on the results of the analysis obtained there is a significant effect on the relationship between sustainable development and non-financial performances. It shows that construction companies involved in sustainability practices will able to improve their performance, which contributed significantly toward the overall firm's performance. Whereas, results from hierarchical multiple regressions showed that transformational leadership had no moderation effect on the non-financial performance in such a way that reaches a higher firm performance level.

Financial ESG and Corporate Sustainable Development: the Moderating Effect of Attention (금융업 ESG와 기업의 지속 가능한 발전: 관심도 조절 역할)

  • Dongmei Li
    • Journal of Digital Policy
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    • v.2 no.1
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    • pp.9-19
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    • 2023
  • ESG is a kind of financial data that pays more attention to corporate environment, social responsibility and corporate governance. This study explores the relationship between ESG and corporate sustainable development through empirical analysis. This study uses the regression method of fixed effects to conduct empirical research on the data of China's A-share listed companies from 2015 to 2020. The research results show that: good ESG performance can promote the sustainable development of enterprises. At the same time, the higher the attention, the better the ESG performance can promote the sustainable development of enterprises. This study enriches the related research on ESG and has certain reference value for promoting the sustainable development of enterprises.

A Study on Contents Development of Water Education for Sustainable Development (지속가능발전을 위한 물 교육 내용체계의 개발)

  • Sung, Jung-Hee;Lee, Jae-Hyuk
    • Hwankyungkyoyuk
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    • v.24 no.2
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    • pp.86-98
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    • 2011
  • Water problems recently, not only influence environmental issues such as water quality and water management but also influence socioeconomic issues such as poverty, gender, and regional conflicts. Therefore there is increasing attention on water education as part of the environmental education. Yet water education in formal education is only treated with particular subjects like science and social studies with limited contents which fails to cover the social, economic problems related to water thoroughly. Also, though there is an active water education on the field of informal education. its contents are also very limited. Water education requires the implementation of a comprehensive and holistic approach that can holistically consider economic and social problems as well as environmental problems. Therefore in this research, 'water education for sustainable development' is set up as a direction of contents development which include interdisciplinary and holistic aspects. Contents development of water education for sustainable development is an reflection of the experts and teacher's opinions and contain of: main category dividing into three pillars of sustainable development such as environment, economy, and society, and subcategory covering environmental science's objective including knowledge, skill, attitude, and action as well as local, national, regional, and global issues.

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An Application of System Dynamics Modeling to the Measurement of the effectiveness of Local Regional Sustainable Development Strategies: A Case of the Revival of Bamboo Industry in Damyang, JeollaNamdo (지역의 생태지향적 발전전략 평가를 위한 체계동태모형의 정립과 적용 -담양군 대나무 신산업 육성전략의 파급효과 분석-)

  • Jeong, Hoi-Seong;Jeon, Dae-Uk
    • Korean System Dynamics Review
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    • v.7 no.1
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    • pp.147-172
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    • 2006
  • With the purpose of long-range planning toward local/regional sustainable development, it is desired to avoid unconditional industrialization and expansion and to build an eco-oriented development strategy considering site-specific characteristics of the environment. This paper thus aims at the elaboration of a system dynamics model of a locality/region so as to understand inherent dynamics of sustainable development and to assess the effectiveness of such an eco-oriented strategy. The model thus consists of several positive and negative feedback loops that accelerate or restrict local/regional economic growth within a system boundary incorporating the environment, economy, and society. The model is moreover applied to the assessment of the effectiveness of the development plan recently established in Damyang in JeollaNamdo, Korea. It is regarded in this case to be effective for population immigration and economic prosperity to give priority to restore the bamboo ecosystem and nourish a series of eco-friendly industries based on the bamboo items developed recently. It is also to be positive to sustainable development since it enables to maintain high quality of the environment from the outset of their development steps.

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Introduction of Service Science for Sustainable Development (지속가능발전을 위한 서비스학의 도입)

  • Yeom, Baehoon;Kim, Hyunsoo
    • Journal of Service Research and Studies
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    • v.7 no.1
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    • pp.27-40
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    • 2017
  • Humanity's sustainability issues have long been discussed, and the World Commission on Environment and Development (WCED) in 1987 proposed the concept of sustainable development and became a global issue. In September 2015, we announced the latest goals for sustainable development at the UN's 70th General Assembly to address social problems and achieve mature economic growth. In order to achieve social, economic and environmental sustainability goals, parallel development of various disciplines is required. However, existing disciplines are limited in supporting sustainable development due to inherent nature. This study proposes to revitalize service science research as a way to overcome limitations of existing studies, and suggests that sustainable development goals can be achieved through convergence with service science and existing disciplines. Modern economic societies need the evolutionary development of individual disciplines because the paradigm shifts from the existing tangible environment to the intangible environment, the boundary between industries is dismantled, and the boundaries between disciplines disappear. In particular, sustainable development goals require a convergent approach, so convergence service science research is useful. In this study, we analyze economics, business administration, pedagogy, sociology which are representative of related to sustainable development and suggest the necessity of introduction of service science. Through this study, the development of service science and interdisciplinary research in existing academic fields will be activated.

A Study on the Practice Case of the Sustainable Housing Area Planning in Korea (지속가능한 주거지 실천사례 연구 - 정부와 민간차원의 도시 및 마을만들기 사례의 지속가능성 실천항목의 반영 -)

  • Kim, Myo-Jung
    • Journal of the Korean housing association
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    • v.20 no.5
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    • pp.73-84
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    • 2009
  • The purpose of this study was to provide basic information about the study of model development of sustainable housing area. This study identified the concept of sustainable development and the principles of the Habitat AgendaII. In the context, the 10 items of it were used to constitute the case study framework. This study found the planning characteristics through the case study of sustainable housing areas m Korea. The case for the study were 91 cases of Livable City Making of government and 43 cases of Urban Village Making of citizen group. And this study searched the missing point in the sustainable development concept of the practice cases. The research findings are as follows. First, the most practice cases had the aim of rehabilitation of the village functions. Second, in the cases of Livable City Making, residents practiced the rule as a participant for changing of their village. Third, in the cases of Urban Village Making, the scale were smaller than government's cases, but they tried the residents' health and welfare. Fourth, many cases applied the concept of sustainable development; environmental, social-cultural and economic sustainability, but some cases missed several principles of the Habitat Agenda.

PERSPECTIVE AND TREND OF CURRENT RESEARCH ON GREEN REMEDIATION IN SOUTH KOREA

  • Park, Jun-Boum
    • Proceedings of the Korean Geotechical Society Conference
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    • 2010.09c
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    • pp.117-124
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    • 2010
  • In the field of soil and groundwater remediation, sustainability was merged into remediation process and green remediation was initiated within the concept of sustainable development. Green remediation was defined and has been already applied to the remediation fields in U.S. In the case of Europe, green remediation has been evaluated for the application of green technology in the remediation industry and they especially defined sustainable remediation following idea of sustainable development. Although green and sustainable remediation is global trends, there are only a few cases about application of green remediation in South Korea. It is needed to develop soil and groundwater remediation technology towards green remediation, considering "Green Growth" as policy direction in South Korea.

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