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Feature Papers in Economic and Business Aspects of Sustainability—2nd Edition

A special issue of Sustainability (ISSN 2071-1050). This special issue belongs to the section "Economic and Business Aspects of Sustainability".

Deadline for manuscript submissions: 30 May 2025 | Viewed by 10893

Special Issue Editor


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Guest Editor
Department of Management, Marketing and Tourism, University of Canterbury, Private Bag 4800, Christchurch 8140, New Zealand
Interests: tourism and human mobility; regional development and social/green marketing; human dimensions of global environmental change and conservation; environmental history, especially national park history & wilderness conservation; the use of tourism as an economic development and conservation mechanism
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

This Special Issue is the continuing issue of a former Special Issue entitled “Feature Papers in Economic and Business Aspects of Sustainability”.

We are pleased to announce a new Special Issue entitled “Feature Papers in Economic and Business Aspects of Sustainability—2nd Edition”. This is intended to be a signficant benchmark collection of high-quality reviews and original papers that address recent advances in our understanding of the economic and business aspects of sustainability. The concept of economics and business should here be broadly interpreted to also include financial analysis, regional development, management, marketing, organizational studies, accounting, information systems, business education, and studies of specific industries and sectors. Only contributions from the Editorial Board and papers submitted by distinguished scholars in the field, namely those invited by the Editorial Board Members, Guest Editors, or the Editorial Office, will be accepted for publication in this Special Issue. Researchers are welcome to contact the Editorial Office to be invited.

Prof. Dr. Colin Michael Hall
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Sustainability is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • economics
  • business
  • financial analysis
  • regional development
  • management
  • marketing
  • organizational studies
  • accounting
  • information systems
  • business education
  • studies of specific industries and sectors
  • sustainable consumption
  • SDGs
  • tourism and hospitality

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Published Papers (7 papers)

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Research

20 pages, 1351 KiB  
Article
The Impact of Educational Economic Factors on Institutional Sustainability Performance: The Mediating Role of Green Management Practices
by Houcine Benlaria and Naeimah Fahad S. Almawishir
Sustainability 2025, 17(3), 1260; https://doi.org/10.3390/su17031260 - 4 Feb 2025
Viewed by 511
Abstract
This study investigates the relationship between educational economic factors and institutional sustainability performance in Saudi public universities, examining the mediating role of green management practices. Using data from 168 respondents across three Saudi public universities, we employed a quantitative approach through structured questionnaires [...] Read more.
This study investigates the relationship between educational economic factors and institutional sustainability performance in Saudi public universities, examining the mediating role of green management practices. Using data from 168 respondents across three Saudi public universities, we employed a quantitative approach through structured questionnaires measuring educational economic factors, green management practices, and institutional sustainability performance. PLS-SEM analysis revealed significant direct effects of educational economic factors on sustainability performance, with economic incentive programs demonstrating the strongest influence (β = 0.465, p < 0.001). Green management practices exhibited significant mediating effects, notably between financial resource allocation and sustainability performance (β = 0.191, p < 0.001). The model explains 61.6% of the variance in sustainability performance. The findings provide insights into the dynamics of sustainability implementation in Saudi higher education institutions, particularly highlighting the crucial mediating role of green management practices in translating economic initiatives into sustainability outcomes. While the study’s focus on three Saudi public universities may limit generalizability, it contributes to understanding sustainability implementation within Saudi Vision 2030’s environmental framework. Future research opportunities include expanding to private institutions, incorporating additional geographical regions, and implementing longitudinal studies to track sustainability performance evolution. Full article
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18 pages, 7497 KiB  
Article
Cross-Docking Layout Optimization in FlexSim Software Based on Cold Chain 4PL Company
by Augustyn Lorenc
Sustainability 2024, 16(22), 9620; https://doi.org/10.3390/su16229620 - 5 Nov 2024
Viewed by 1540
Abstract
The paper highlights the potential of cross-docking to reduce storage time and costs. The study addresses evolving market demands that push logistics providers to adopt new technologies for operational efficiency, emphasizing the often-overlooked importance of optimizing cross-docking layouts. The research, conducted in two [...] Read more.
The paper highlights the potential of cross-docking to reduce storage time and costs. The study addresses evolving market demands that push logistics providers to adopt new technologies for operational efficiency, emphasizing the often-overlooked importance of optimizing cross-docking layouts. The research, conducted in two phases, first analyzed the current warehouse layout (Variant I) to identify inefficiencies and then designed a new layout (Variant II) that was simulated using FlexSim 2022 software. The results showed significant improvements with the new layout, including a 35% increase in deliveries and a 3.23% reduction in forklift travel distances, leading to lower operational costs. Even minor adjustments in the warehouse design proved to enhance logistics efficiency, particularly during peak demand periods like holidays. The study demonstrates how FlexSim software can be applied in cold chain logistics to optimize warehouse operations, underscoring the benefits of cross-docking for cost-effective logistics management. Full article
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32 pages, 536 KiB  
Article
ESG Reporting of Commercial Banks in Poland in the Aspect of the New Requirements of the Directive on Corporate Reporting in the Field of Sustainable Development (CSRD)
by Alina Matuszak-Flejszman, Sebastian Łukaszewski and Joanna Katarzyna Banach
Sustainability 2024, 16(20), 9041; https://doi.org/10.3390/su16209041 - 18 Oct 2024
Viewed by 1518
Abstract
For several years, commercial banks in Poland have been reporting activities related to the impact on the environment, society, and corporate governance (ESG). However, only new guidelines, mandatory for many entities, including banks, will allow for comparing these reports, which will be of [...] Read more.
For several years, commercial banks in Poland have been reporting activities related to the impact on the environment, society, and corporate governance (ESG). However, only new guidelines, mandatory for many entities, including banks, will allow for comparing these reports, which will be of great importance mainly for investors. The forms of these reports were and still are different, difficult to compare in individual years, and difficult to compare between banks. The article aims to present the banks’ preparation for the new reporting rules based on the latest ESG reports. The research was conducted in four groups of commercial banks operating in Poland. These are the largest companies listed in the WIG Banks sub-index of the Warsaw Stock Exchange. Gaps in the preparation of these banks for non-financial reporting were identified. The non-financial reports of the banks studied have significant information potential that can be used by various stakeholder groups, including investors, customers, employees, regulators, and local communities. However, the comparability of ESG reports is one of the key challenges faced by both reporting banks and users of these reports. The research results can be used both in scientific works and by bank representatives to improve non-financial reports. Full article
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15 pages, 2229 KiB  
Article
Optimal Bidding Strategies for Wind-Thermal Power Generation Rights Trading: A Game-Theoretic Approach Integrating Carbon Trading and Green Certificate Trading
by Meina Shen, Runkun Cheng and Da Liu
Sustainability 2024, 16(16), 6739; https://doi.org/10.3390/su16166739 - 6 Aug 2024
Cited by 1 | Viewed by 1070
Abstract
In response to the challenges of low wind power consumption and high pollution emissions from thermal power, the implementation of wind-thermal power generation rights trading is a proactive attempt to reduce wind power curtailment and promote its consumption. This study first regards the [...] Read more.
In response to the challenges of low wind power consumption and high pollution emissions from thermal power, the implementation of wind-thermal power generation rights trading is a proactive attempt to reduce wind power curtailment and promote its consumption. This study first regards the alternating bidding process between the two parties as a dynamic game, using the Rubinstein bargaining game model to determine the incremental profit allocation and optimal bidding for both parties in power generation rights trading. Secondly, an energy conservation and emission reduction model is constructed to analyze the benefits from the perspectives of standard coal consumption saving and the carbon emission reduction caused by power generation rights trading. Finally, a combined trading revenue model is established to analyze the final profit of both parties involved in the trading. The results show that the combined trading of wind-thermal power generation rights, incorporating carbon trading and green certificate trading, can effectively promote coal consumption savings in thermal power units and reduce the carbon emissions of the power industry. Moreover, it significantly increases the final profit for both parties, stimulating the enthusiasm of generators for participating in power generation rights trading, and ultimately promoting wind power consumption. Full article
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15 pages, 490 KiB  
Article
Charting Pollution Effects on Tourism: A Regional Analysis
by Dachen Sheng and Heather A. Montgomery
Sustainability 2024, 16(15), 6391; https://doi.org/10.3390/su16156391 - 26 Jul 2024
Viewed by 1653
Abstract
This study presents empirical findings highlighting the role of pollution control measures in shaping the trajectory of local tourism market development. Analysis of provincial-level panel data underscores the pronounced impact of water pollution compared to air pollution. While water pollution tends to manifest [...] Read more.
This study presents empirical findings highlighting the role of pollution control measures in shaping the trajectory of local tourism market development. Analysis of provincial-level panel data underscores the pronounced impact of water pollution compared to air pollution. While water pollution tends to manifest as a localized issue, air pollution transcends provincial boundaries, posing challenges that extend across multiple regions simultaneously. The results demonstrate how imperative it is for northern China’s heavily polluted provinces to redouble efforts aimed at ameliorating their negative image within the tourism market. In contrast to their southern counterparts, these regions currently face hurdles in attracting tourists, underscoring the disparity in tourism acceptance between northern and southern provinces. Drawing insights from the successful implementation of tourism initiatives centered on the small-town economy in southern China, this research advocates for a paradigm shift in policy formulation for northern provinces. By leveraging lessons learned from southern counterparts, policymakers can chart a course toward sustainable tourism development tailored to the unique characteristics of each region. In delineating the differential impacts of air and water pollution on the Chinese tourism market, this study contributes to a nuanced understanding of tourism dynamics across provinces. The findings serve as a foundational framework for guiding future tourism market development strategies tailored to the heterogeneous landscape of Chinese provinces. Full article
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20 pages, 4181 KiB  
Article
Predicting High Technology Exports of Countries for Sustainable Economic Growth by Using Machine Learning Techniques: The Case of Turkey
by Yonis Gulzar, Ceren Oral, Mehmet Kayakus, Dilsad Erdogan, Zeynep Unal, Nisa Eksili and Pınar Celik Caylak
Sustainability 2024, 16(13), 5601; https://doi.org/10.3390/su16135601 - 29 Jun 2024
Cited by 1 | Viewed by 1758
Abstract
In this study, the estimation of high-tech exports for Turkey’s foreign trade target in line with sustainable development was carried out. The research was carried out for Turkey since it has been focusing on sustainable and environmentally friendly production and an export-oriented growth [...] Read more.
In this study, the estimation of high-tech exports for Turkey’s foreign trade target in line with sustainable development was carried out. The research was carried out for Turkey since it has been focusing on sustainable and environmentally friendly production and an export-oriented growth model, with a transformation in its economic growth strategy as of 2021, and high-tech products are a determining factor in the export target. In this research, three different machine learning techniques, namely artificial neural networks, logistic regression, and support vector regression, were used to determine a successful prediction method close to the ideal scenario. In the models, high technology exports for the period of 2007–2023 with data obtained from the World Bank were taken as the dependent variable, while the gross national product, number of patents, and research and development expenditures were taken as independent variables. By calculating the R2, MAPE, and MSE metrics, the success of the model with the least error was evaluated, and it was seen that artificial neural networks (ANNs) were the most successful model, with values of 94.2%, 0.011, and 0.073, respectively. The ANN model was followed by support regression and logistic regression. Full article
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20 pages, 2582 KiB  
Article
Changes in Management Trends in 100 Global Companies before and after COVID-19: A Topic Modeling Approach
by Hyeonjeong Park, Taewoo Kim and Keuntae Cho
Sustainability 2024, 16(6), 2342; https://doi.org/10.3390/su16062342 - 12 Mar 2024
Viewed by 1619
Abstract
Amid the global economic crisis due to COVID-19, consumer interest in CSR reports of global corporations has surged. CEO messages within these reports are crucial during such crises. This study aims to understand CEOs’ perceptions of key CSR issues and corporate strategies during [...] Read more.
Amid the global economic crisis due to COVID-19, consumer interest in CSR reports of global corporations has surged. CEO messages within these reports are crucial during such crises. This study aims to understand CEOs’ perceptions of key CSR issues and corporate strategies during global crises. Utilizing topic modeling, CEO messages from Fortune Global’s top 100 companies are analyzed before and after COVID-19. Compared to previous periods, social and environmental issues like climate change are more prominent. Key strategies include sustainable management development, risk management, and competitive advantage. This study offers insights into the importance of CSR reporting as a communication tool for managing stakeholders during crises. With COVID-19’s global impact, understanding changes in global companies and comparing pre-crisis conditions contributes significantly to the literature. Full article
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