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Original Article1285 downloads
Exploring Sustainability (ESG) Fraud: A Taxonomy-Centered Study of Real-World CasesOne of the emerging and rapidly increasing critical issues in the context of sustainability for stakeholders is sustainability fraud. This form of fraud has posed a growing threat to Governments, Standard-Setters, Investors, Corporations, and all other stakeholders recently. It is the new face or era of fraud in Today’s World. Sustainability fraud contains some wrong, dishonest and misleading ways or methods that emerged in the form of fraud on the way to becoming an excellent business in meeting the requirements of the mandated environmental, social, and governance (ESG) disclosures and reporting standards. This form of fraud encompasses dishonest, misleading, and unethical actions that arise during efforts to comply with ESG requirements, thus representing a transition from excellence to fraud. The purpose of this paper is to offer a comprehensive understanding and conceptual framework on sustainability fraud within the fields of Business Management & Accounting, addressing its distinct characteristics. The study in the paper reviews the current literature surrounding the sustainability fraud landscape, and includes a comparative analysis of sustainability fraud and traditional forms of fraud. In addition, the study reveals key patterns and focal spot dimensions of sustainability fraud on a taxonomy- centered case study analyses. Given that sustainability fraud remains an underdeveloped and relatively unexplored topic in both academia and practice, the findings of the study are expected to offer meaningful insights and contribute considerable value to the ongoing discourse in this evolving landscape of sustainability fraud.
Original Article133 downloads
Analysis of the success factors of projects in rural areas in MaliThis article explores the key success factors for projects in rural areas in Mali. Elements identified include:
Involvement of local communities: The active participation of the population in the design and implementation of projects guarantees their ownership and sustainability. Projects must respond to priorities identified through in-depth field assessments. Train and support communities to make them autonomous in the management of initiatives Collaborate with NGOs, public and private institutions to pool resources and expertise. Rigorous monitoring and evaluation: Implement control mechanisms to measure results and adjust actions. Integrate resilient strategies to cope with climate hazards. Adopt innovative financing models while avoiding over-dependence on external donors. In conclusion, a participatory approach adapted to local realities is essential to ensure sustainable impacts and improve the living conditions of rural populations.
Original Article100 downloads
Dynamics of Green Foreign Direct Investment and Its Impact on Environmental Transition in Emerging Tunisian Economies: An Econometric Analysis Using RThis study aims to examine the dynamics of green foreign direct investment (FDI) and its impact on the environmental transition in emerging Tunisian economies through an econometric analysis using the R software. Green FDI reflects an increasing importance in promoting sustainable development and reducing environmental damage, especially in emerging countries striving to balance economic growth and environmental protection. The study utilizes economic and environmental data to assess the relationship between green investments and environmental transition indicators such as carbon emissions and renewable energy consumption. The results indicate that green FDI has a positive and significant effect on improving Tunisia’s environmental indicators, highlighting the necessity of adopting incentive policies and strengthening the legal framework to support this type of investment. The study also concludes that the integration of economic, social, and environmental policies is essential for achieving sustainable development in the Tunisian economy. This research provides scientific and practical contributions that assist policymakers in formulating effective strategies to enhance environmental investments and realize a green transition in Tunisia.
Original Article33 downloads
Oversight and Supervision of Independent Audit Activities of Publicly Traded Companies in Turkey: Quality Control of AuditSince the onset of the Industrial Revolution, there has been a significant amplification in the importance of auditing activities. Specifically, the ongoing escalation in the number of tasks and operations executed by businesses has rendered the comprehensive auditing of all activities impractical. Furthermore, the veracity and dependability of the information encapsulated within financial statements, which mirror the activities and performance outcomes of enterprises, have perpetually been of concern. These advancements and challenges have precipitated numerous developments in auditing activities, including sampling-based auditing, internal control, internal auditing, risk-based auditing, and independent auditing. The accounting scandals of the 2000s once again foregrounded the veracity and dependability issues related to financial statements. Independent auditing emerged as a pivotal measure to avert the recurrence of similar scandals, prompting the enactment of legal regulations across various nations. Concomitantly, corresponding legal frameworks were instituted in Turkey to underscore the significance of independent auditing activities. This study scrutinized the quality control measures conducted by the Capital Markets Board from 2000 to 2024 to oversee independent audit activities. The findings indicate that while the number of quality control initiatives for independent audits in Turkey has diminished in recent years, several issues persist within the domain of independent auditing activities.
Original Article67 downloads
Designing Mobile-Decision Support System for Credit Determination at Village Credit Institutions to Improve Credit Management EfficiencyVillage Credit Institution (LPD) has an important role in collecting public funds and channeling loans as the main source of income. However, LPD Desa Adat Sibang Kaja still faces serious obstacles in credit management, including bad debts and the lack of utilization of information systems in the analysis and decision-making process. So far, credit assessment has been done manually and subjectively, making it prone to delays and the risk of non-performing loans. To answer the challenges, this research offers a solution in the form of building a mobile-based credit determination decision support system using the Waterfall software development method. The system is designed to assist the admin in managing applicant data, assessment criteria, and reports, while the survey team can enter the assessment data directly. The results show that the system is able to provide a faster, more accurate, and transparent analysis of creditworthiness. Prospective debtors can also monitor the results of credit applications directly, thereby increasing the transparency aspect. The implementation of this system is proven to improve the efficiency of credit management, reduce the risk of bad debts, and support the sustainability of LPD businesses through more measurable and professional credit management.
Original Article85 downloads
Analysis of the Implementation of Accounting Information Systems in Improving the Quality of Financial Statements of Village-Owned EnterprisesBUMDes institutions have an important role in improving the village economy through community-based business management. However, the results showed that the application of accounting information systems (AIS) in BUMDes is still very limited. Financial recording is only done manually in the form of cash in and cash out without producing financial reports in accordance with accounting standards. This condition causes several problems, including delays in report preparation, low recording accuracy, and lack of transparency in financial management. This study aims to analyze the application of SIA and financial reports at BUMDes and provide relevant solutions. The research method was conducted through observation, interviews, and document analysis of BUMDes financial reports. The results of the analysis show that limited human resources, lack of technology utilization, and low understanding of the importance of financial reports will be the main obstacles. The solution offered is the implementation of digital-based AIS and basic accounting training for BUMDes administrators. With the implementation of a more modern system, it is expected that financial reports can be prepared in a timely, accurate manner and in accordance with accounting standards. The conclusion of this study confirms that digital transformation in BUMDes accounting system can improve accountability, transparency, and sustainable financial performance.
Original Article249 downloads
Top-Down Framework for Renewable Energy Investment: A Path to Sustainable and Responsible Decision-MakingThis study presents a comprehensive framework for renewable energy investment using a top-down analysis grounded in sustainability principles. With the growing imperative to transition to clean energy, this approach integrates environmental, social, and governance (ESG) factors to provide holistic guidance in investment decision-making. The methodology encompasses macroeconomic trends, sectoral dynamics, and company-level performance, leveraging both qualitative and quantitative data from financial reports and sustainability indicators. Findings reveal that this framework improves investment decision quality by identifying and addressing sustainability-related risks and opportunities, while fostering positive societal and environmental outcomes. The study also offers significant contributions to the development of educational modules in sustainability and investment, promoting the global practice of responsible investment.
Original Article2429 downloads
STRATEGIC ENTREPRENEURIAL ANALYSIS OF GUINNESS NIGERIA PLC.This study presents a strategic entrepreneurial analysis of Guinness Nigeria Plc, examining its economic positioning, operational dynamics, market strategies, and contribution to national development. The analysis reveals Guinness Nigeria’s resilience in navigating Nigeria’s volatile macroeconomic environment, characterized by inflation, foreign exchange instability, infrastructure deficits, and regulatory shifts. As a subsidiary of Diageo Plc, Guinness benefits from global operational standards, strong governance, and technological innovation. The company’s ability to adapt through local raw material sourcing, product diversification, and supply chain efficiency enhances its sustainability and competitiveness in Nigeria’s brewery and beverage market.
Through extensive data drawn from financial statements, macroeconomic indicators, and industry reports, the study highlights Guinness Nigeria’s significant contributions to GDP, employment creation, and household income. Its operational capacity is bolstered by three major breweries across Nigeria and a robust distribution network spanning both rural and urban regions. The analysis further explores the company’s response to market dynamics, including evolving consumer preferences for health-conscious and non-alcoholic products, as well as its adaptation to digital and e-commerce trends.
A SWOT and VRIO analysis reveal that Guinness Nigeria holds several sustainable competitive advantages, particularly in brand equity, innovation, and distribution. However, challenges persist, including high production costs, limited market share in some segments, and exposure to macroeconomic shocks. Despite these, the company's commitment to corporate social responsibility, environmental sustainability, and inclusive economic participation underscores its strategic role in Nigeria’s industrial development. The study concludes that Guinness Nigeria Plc’s long-term viability lies in its capacity to balance innovation, local engagement, and financial discipline within an evolving business ecosystem.
Original Article2724 downloads
Generation Z and the Dynamics of Turnover: Insights from a Qualitative StudyGeneration Z refers to individuals born between 1997 and 2012. Several studies indicate that this generation tends to have high expectations regarding flexibility, open communication, and alignment between work and personal passion. This study aims to explore Generation Z’s perspectives on employee turnover phenomena within Elgaleri Company. A descriptive qualitative approach was employed, with data collected through semi-structured interviews with five former employees and field observations. The research informants were members of Generation Z who had at least two months of work experience and had either experienced or considered resigning from their workplace.
Original Article1106 downloads
Revisiting Population Pressure and the Pollution Haven Hypothesis: Evidence from Forest Loss in IndonesiaThis study investigates the determinants of forest loss (tree cover loss) in Indonesia during 2000-2022, focusing on the roles of demographic factors, foreign direct investment (FDI), and economic growth, using a multiple linear regression analysis to quantify the partial effects of each explanatory variable while controlling for others. Annual time series data were compiled from internationally recognized sources, including the World Development Indicators (World Bank) and Global Forest Watch, ensuring reliability and comparability over time. Adapaun metode analThe results reveal that population exerts a significant negative effect on forest loss, reflecting the moderating roles of population redistribution, urbanization, agricultural intensification, and forest conservation policies. In contrast, FDI has a significant positive effect on on forest loss, particularly in mining and plantation sectors, confirming the relevance of the Pollution Haven Hypothesis. Economic growth does not exhibit a statistically significant effect on forest loss, consistent with the Environmental Kuznets Curve framework, which emphasizes the nonlinear relationship between development and environmental degradation. Overall, the findings highlight that investment direction, economic sector composition, and governance quality are more influential in shaping deforestation dynamics than aggregate economic growth or demographic pressures alone. Policy implications include the need for sector specific environmental regulation, strengthened law enforcement, promotion of green FDI, and integrated strategies linking urbanization and sustainable agricultural intensification. Future research should explore sectoral and spatial FDI impacts, incorporating institutional and governance indicators as moderating variables, to deepen understanding of deforestation mechanisms in Indonesia and other developing countries.