stakeholder theory – Jurnal Pengurusan /jurnalpengurusan Tue, 17 Dec 2024 01:43:58 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 Corporate Governance as a Catalyst for Sustainability: Insights from Malaysian Public Listed Companies /jurnalpengurusan/article/corporate-governance-as-a-catalyst-for-sustainability-insights-from-malaysian-public-listed-companies/?utm_source=rss&utm_medium=rss&utm_campaign=corporate-governance-as-a-catalyst-for-sustainability-insights-from-malaysian-public-listed-companies Wed, 06 Nov 2024 03:21:25 +0000 /jurnalpengurusan/?post_type=article&p=7484 Corporate sustainability remains a prominent global concern, with stakeholders increasingly holding businesses accountable for their actions. Corporate governance (CG), facilitated by an effective board and risk management committee, can exert an impact on corporate sustainability performance (CSP). The mixed findings of prior research, on factors influencing CSP, serve to motivate this study. Additionally, the influence of sustainability committees (SC) in the CG-CSP relationship has not been examined before. This study thus  represents one of the earliest investigations that elucidate the impact of SC on the relationship.  The study sample comprised 762 listed companies in Malaysia, spanning 2020 to 2022. Using content analysis on company annual reports, the results established the positive and significant influence of CG on CSP as consistent with the stakeholder theory. Moreover, the results demonstratd that SC was not able to strengthen the role of CG in its relationship with CSP. These empirical findings offer valuable guides for regulators, companies, and stakeholders, that emphasise the influence of CG and SC on CSP.

]]>
The Impact of the Rural Environment and Environmental Conservation on Poverty Alleviation: The Moderating Effect of Tourism Resources /jurnalpengurusan/article/the-impact-of-the-rural-environment-and-environmental-conservation-on-poverty-alleviation-the-moderating-effect-of-tourism-resources/?utm_source=rss&utm_medium=rss&utm_campaign=the-impact-of-the-rural-environment-and-environmental-conservation-on-poverty-alleviation-the-moderating-effect-of-tourism-resources Mon, 10 Oct 2022 14:41:07 +0000 /jurnalpengurusan/?post_type=article&p=5103 The rural environment adds value to the countryside that provides socio-economic development while environmental conservation draws attention to the locals protecting the environment from deforestation. In line with the Stakeholder Theory, this study examines the impact of the rural environment and environmental conservation on poverty alleviation; tourism resources are used as a moderator to measure the strength of endogenous and exogenous variables. Data was collected from 520 respondents in Kuching and Miri, Sarawak, Malaysia. Partial Least Square-Structural Equation Modelling (PLS-SEM) was used to analyse the hypotheses. The results of the study indicate that tourism contributes to an increase in the household income of locals; however, there is a negative relationship between rural environment, tourism resources and poverty alleviation due to the high cost of private transportation to the rural areas. The results imply that the improvement inaccessibility of public transportation to the rural areas would increase the use of tourism resources and tourist arrivals, and enhance the well-being of local communities. This study also contributes to the literature on rural environment, environmental conservation, tourism resources, poverty alleviation and Stakeholder Theory.

]]>