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Sustainability
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New Frontiers in the Interdisciplinary Research of Sustainable Development
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New Frontiers in the Interdisciplinary Research of Sustainable Development

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: closed (28 February 2023) | Viewed by 11479

Special Issue Editors

Prof. Dr. Wenxuan Hou

E-Mail Website
Guest Editor
Corporate Finance, University of Edinburgh Business School, Edinburgh EH8 9JS, UK
Interests: financial development; law and finance; corporate governance; fintech
Special Issues, Collections and Topics in MDPI journals
Dr. Yizhe Dong

E-Mail Website
Guest Editor
Business School, University of Edinburgh, Edinburgh EH8 9JS, UK
Interests: banking and financial institutions; corporate finance and governance; esg investing; green finance; credit risk assessment; alternative finance and fintech; equity valuation and efficiency and product
Prof. Dr. Jiandong Chen

E-Mail Website
Guest Editor
The School of Public Administration, Southwestern University of Finance and Economy, Guanghuacun Street, Qingyang District, Chengdu 610074, Sichuan, China
Interests: development economics; climate economics; corporate governance
Dr. Chen Wang

E-Mail Website
Guest Editor
School of Economics and Finance, Xi'an Jiaotong University, Xi'an 710000, Shanxi Province, China
Interests: finance
Prof. Dr. Yun Zhang

E-Mail Website
Guest Editor
School of Finance, Shanghai University of Accounting and Finance, Shanghai 200433, China
Interests: green finance and climate finance
Prof. Dr. Wenlong Zhang

E-Mail Website
Guest Editor
Department of Finance, Shanxi University of Finance and Economics, Taiyuan 030012, China
Interests: finance and economics

Special Issue Information

Dear Colleagues,

This Special Issue of Sustainability aims to advance interdisciplinary research in the fields of sustainable development and ESG, and to cultivate an academic sensitivity to the plurality of approaches that sustain related research. The guest editors invite submissions that provide cutting-edge insights regarding new areas of finance which can benefit from interdisciplinary engagement. Topics can include, but are not limited to:

  • Big data in sustainable development;
  • Education of sustainability in the digital era;
  • The application of machine learning in sustainability;
  • Climate change and carbon neutrality policy;
  • History and sustainable development;
  • Historical epidemic, the COVID-19 pandemic and sustainable development;
  • ESG, gender equality and sustainable development;
  • Law, finance and economic growth.

A virtual workshop will be organized to provide a platform for a sustained conversation about the changing horizons of sustainability research. We particularly encourage the participation of early career researchers from different subjects such as accounting and finance, economics, management, history, political science, sociology, etc. There is no registration fee and attending the conference is not a condition for submission to the Special Issue; likewise, presentation in the workshop does not guarantee final publication. 

Prof. Dr. Wenxuan Hou
Dr. Yizhe Dong
Prof. Dr. Jiandong Chen
Dr. Chen Wang
Prof. Dr. Yun Zhang
Prof. Dr. Wenlong Zhang
Guest Editors

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

  • big data
  • climate finance
  • interdisciplinary study
  • fintech
  • pandemic

Published Papers (4 papers)

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Research

18 pages, 372 KiB  
Article
Modeling Energy, Education, Trade, and Tourism-Induced Environmental Kuznets Curve (EKC) Hypothesis: Evidence from the Middle East
by Liton Chandra Voumik, Shohel Md. Nafi, Festus Victor Bekun and Murat Ismet Haseki
Sustainability 2023, 15(6), 4919; https://doi.org/10.3390/su15064919 - 9 Mar 2023
Cited by 20 | Viewed by 2052
Abstract
Global warming has become the main concern in the present world. This research takes a comprehensive look at the interconnections between tourism, gross domestic product (GDP), renewable energy, fossil fuels, education, trade, and carbon dioxide (CO2) emissions in the Arab Peninsula. [...] Read more.
Global warming has become the main concern in the present world. This research takes a comprehensive look at the interconnections between tourism, gross domestic product (GDP), renewable energy, fossil fuels, education, trade, and carbon dioxide (CO2) emissions in the Arab Peninsula. Including these variables, the research also checks the environmental Kuznets curve (EKC) hypothesis by analyzing the top 10 tourist destinations from 1997 to 2019. Saudi Arabia, Qatar, the United Arab Emirates, Iran, Israel, Jordan, Bahrain, Oman, Lebanon, and Egypt round out the top 10 countries in Arab in terms of tourist arrivals. The paper uses a novel augmented mean group (AMG) model to explore the problems of slope heterogeneity (SH), cross-sectional dependence (CSD), and the combination of level and first-difference stationery. An association between these variables over time can be discovered using the Westerlund cointegration method. To certify the accuracy of the findings, the research used both the mean group (MG) and common correlated effects mean group (CCEMG). According to the research, the EKC does not exist in the most popular Middle Eastern travel destinations. This basically means that as money grows, environmental conditions will deteriorate. The findings show that tourism can help reduce environmental harm there. Indicators such as rising populations, increased energy consumption, and thriving economies all influence the rise of the environmental degradation level. Trade will also increase environmental deterioration. The only things that will help reduce CO2 emissions are tourism and renewable energy. Therefore, the MG and CCEMG results corroborate the AMG findings. Governments may push for the widespread use of refillable energy sources and the development of ecotourism. Therefore, policymakers in this country should rethink their tourism strategies and adopt one that places a premium on renewable energy sources and environmental protection. Full article
(This article belongs to the Special Issue New Frontiers in the Interdisciplinary Research of Sustainable Development)
25 pages, 11057 KiB  
Article
Worldwide Overview and Country Differences in Metaverse Research: A Bibliometric Analysis
by Jinlu Shen, Xiangyu Zhou, Wei Wu, Liang Wang and Zhenying Chen
Sustainability 2023, 15(4), 3541; https://doi.org/10.3390/su15043541 - 15 Feb 2023
Cited by 14 | Viewed by 3956
Abstract
As a research topic integrating various subjects and technologies, Metaverse research has been a global concern in recent years. This study explores the hotspots and frontiers of academic research on the Metaverse based on a bibliometric analysis from 2012 to 2021. A keyword [...] Read more.
As a research topic integrating various subjects and technologies, Metaverse research has been a global concern in recent years. This study explores the hotspots and frontiers of academic research on the Metaverse based on a bibliometric analysis from 2012 to 2021. A keyword retrieval dataset related to Metaverse research was constructed based on expert consultation and manual reading of the literature, retrieving articles and conference papers from the Scopus database. Critical points in Metaverse research are represented in terms of research scale, keyword co-occurrence networks, keyword citation bursts, and international collaborative networks with the application of VOSviewer and CiteSpace’s bibliometric visualization software. The results indicate that Metaverse research is experiencing rapid growth, with countries/regions increasing their production at varying speeds. The results also indicate the three most prolific countries, the United States, China and Germany, for comparison, showing the leading topic as virtual reality in Metaverse research, and we find that there are differences in topic clustering and hotspot evolution among the three countries over the past decade. By determining the current research status and the overall development path of the Metaverse field, the paper intends to provide a reference for the future research development and technical application of the Metaverse. Full article
(This article belongs to the Special Issue New Frontiers in the Interdisciplinary Research of Sustainable Development)
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14 pages, 1518 KiB  
Article
The Impact of High-Quality Energy Development and Technological Innovation on the Real Economy of the Yangtze River Economic Belt in China: A Spatial Economic and Threshold Effect Analysis
by Jiangyuan Fu, Huidan Xue, Fayuan Wang and Liming Wang
Sustainability 2023, 15(2), 1453; https://doi.org/10.3390/su15021453 - 12 Jan 2023
Cited by 1 | Viewed by 1550
Abstract
The sustainable economic development of the Yangtze River Economic Belt is a significant part of China’s regional development strategy. The article selects panel data from 11 provinces of the region from 2004 to 2020 and constructs a spatial economic model and a threshold [...] Read more.
The sustainable economic development of the Yangtze River Economic Belt is a significant part of China’s regional development strategy. The article selects panel data from 11 provinces of the region from 2004 to 2020 and constructs a spatial economic model and a threshold effect model to investigate the impact of energy development and technological innovation on the real economy of this region. The result indicates that technological innovation plays a significantly beneficial role in supporting the development of the local real economy, while its spatial spillover effect to neighboring provinces is not significant. Energy development has a significant negative impact on both the local real economy and that of the neighboring provinces. Such impact is shaped by the threshold effect of the level of technological innovation. Full article
(This article belongs to the Special Issue New Frontiers in the Interdisciplinary Research of Sustainable Development)
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18 pages, 1643 KiB  
Article
A Comparison of CSR Image Construction between Chinese and American Petroleum Companies in the Context of Ecological Transition
by Xiao Wang, Xiufeng Zhao, Yaxian Wang and Suzhen Li
Sustainability 2022, 14(21), 14490; https://doi.org/10.3390/su142114490 - 4 Nov 2022
Cited by 1 | Viewed by 2823
Abstract
CSR reports are currently employed by most petroleum corporates as powerful discursive resources to shift their image from “black” to “green”. However, on account of factors such as the corporate ethics and cultures and the social and political situations in which the corporates [...] Read more.
CSR reports are currently employed by most petroleum corporates as powerful discursive resources to shift their image from “black” to “green”. However, on account of factors such as the corporate ethics and cultures and the social and political situations in which the corporates operate, the CSR reports for image reconstruction may vary in terms of discursive representations as well as the extent and means of achieving “greenness”. With the trend of economic and trade globalization, petroleum companies are bound to trade and open branch offices in countries in which they are not familiar with the ideologies and political atmosphere. Therefore, it is significant to learn about whether political background has an impact on petroleum CSR image construction or not. This paper examines the recent CSR reports by two oil companies, CNPC from China and CHV from America—two corporations diverging in many respects, the socio-political environment, in particular. In line with the constructive view of image, an approach of computer-assisted discourse analysis (CADS) is adopted for the comparison based on two corpora, each consisting of their 2015–2020 CSR reports. The findings have revealed that images constructed by CNPC and CHV have complex and dynamic characteristics as a result of political, social, cultural, and economic backgrounds, and the changes in historical conditions. On the whole, ethics and actions in promoting environmental friendliness constitute the predominant theme of their reports, an indication of their common awareness of the non-sustainable nature of their main and conventional business as environmentally sensitive industries. Nevertheless, CNPC and CHV differ in multiple respects. Firstly, CNPC tends to foreground its green image as an obligatory commitment to “ecological civilization”, a national political strategy. In contrast, CHV constructs its image as a multinational corporate with not much attention to its home-state interests. Secondly, in alignment with different socio-cultural contexts, their basic positioning, as well as primary environmental concerns, targets, implementation paths, and changes with time differ from each other. This study contributes to multidisciplinary research on corporate image construction, promoting the combination of economic management, politics, and discourse analysis with data science. In practice, this study provides a new perspective for analyzing motivations, efforts, and means for the construction of CSR images, as well as some suggestions to corporates on how to adapt their CSR images to the target cultural community. Full article
(This article belongs to the Special Issue New Frontiers in the Interdisciplinary Research of Sustainable Development)
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