Journal of Governance Risk Management Compliance and Sustainability
The focus and scope of JRGCS are but not limited to Principles and theory of risk assessment and management, Risk assessment policy, standards and regulations, Risk-based decision making and risk management, decision making and decision support systems for risk and disaster management on regional and global scales, Risk perception and communications, Risk assessment and control, Risk characterisation, Dynamic risk assessment, Integration of risk models and quantifications, Advanced concepts and information technologies in risk assessment and management, Integrated, risk assessment and safety management, Integrated risk assessment in developing and rapidly developing countries, Socio-economic, scientific and integrated approaches to sustainable development which consist of covering some issues/topic on: Development and realization of national policies and international treaties for sustainable development, Implementation and monitoring of policies for sustainable development, Changing consumption and production patterns, Developments in cultural diversity, tradition, social systems, globalization, immigration and settlement, and their impact on cultural or social sustainability, Ethical and philosophical aspects of sustainable development Education and awareness of sustainability, Impact of safety, security and disaster management on sustainability, Health-related aspects of sustainability, System analysis methods, including life cycle assessment and management, Sustainable Chemistry, Sustainable utilization of resources such as land, water, atmosphere and other biological resources, New and renewable sources of energy, Sustainable energy preservation and regeneration methods, Quasi-environmental sustainability – short term measures and their long term effects, Effects of global climate change on development and sustainability.
Articles
43 Documents
<![CDATA[The Impact of implementing the Public Entities Corporate Governance Act (PECG Act) Chapter 10:31 by State Owned Enterprises (SOEs) in Zimbabwe. ]]>
<![CDATA[Admire Mthombeni]]>;
<![CDATA[Sifile Obert]]>;
<![CDATA[Mbizi Rangarirai]]>;
<![CDATA[Malesela Masenya]]>
<![CDATA[ Journal of Governance Risk Management Compliance and Sustainability Vol. 3 No. 2 (2023): October Volume ]]>
Publisher : <![CDATA[Center for Risk Management & Sustainability and RSF Press ]]>
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DOI: 10.31098/jgrcs.v3i2.1531
<![CDATA[The study sought to determine the impact of the Public Entities Corporate Governance Act Chapter 10:31(PECG Act ). The Act is the main piece of legislation governing corporate governance practices for State Owned Enterprises in Zimbabwe. In this view, the study adopted a mixed-methods approach in which pragmatism philosophy was applied. A convergent parallel design was used in which data was gathered using a structured questionnaire and an interview guide. The target population consisted of top and middle management, board members, board chairpersons, and CEOs of SOEs found in Zimbabwe. Using the sampling procedure developed by Krejcie and Morgan (1970), a sample size of 351 individuals was determined for quantitative data, and sixteen (16) interviews were done until saturation was reached. The research employed stratified random sampling for sampling respondents for quantitative data and purposive sampling was used for sampling respondents for qualitative data. SPSS version 23 was used to analyse quantitative data, whilst NVivo version 12 was used to analyse qualitative data. The main impact of the PECG Act was that it fosters accountability, transparency, and responsibility and encourages strategic planning for SOEs. The research also confirmed that reforms on restrictions on the remuneration of board members(RRORB) have a positive effect on corporate governance practices in SOEs, and reforms on dismissal and resignation (RDRBM) of board members lead to best corporate governance in SOEs. The study recommended that responsible authorities should make strict enforcement to comply with the dictates of the PECG Act. The study had a limitation that results from broad SOE categories may not be generalised to specific SOE categories.]]>
<![CDATA[Can R&D Transfer and Market Openness Improve the National Export Rate? A Global Entrepreneur Perspective ]]>
<![CDATA[Devani Nariratya Putri]]>;
<![CDATA[Iwan Hermawan]]>;
<![CDATA[Achmad Zaenuddin]]>
<![CDATA[ Journal of Governance Risk Management Compliance and Sustainability Vol. 3 No. 2 (2023): October Volume ]]>
Publisher : <![CDATA[Center for Risk Management & Sustainability and RSF Press ]]>
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DOI: 10.31098/jgrcs.v3i2.1594
<![CDATA[R&D Transfer gives birth to an understanding of the importance of the role of the latest applied research in developing entrepreneurs to compete in the global market. The global market that continues to be dynamic allows the emergence of various access restrictions that make it difficult for entrepreneurs, so the existence of market openness is needed as an entry point for entrepreneurs into the global market. This study aims to solve the gap of a significant decrease in world export levels in 2020 by 2.1%. This problem is considered crucial because this is the worst decline in the last decade. The data in this study was taken through secondary data from the Global Entrepreneurship Monitor (GEM) and the World Bank from various countries on five continents in the 2019-2021 data period. The data is processed using Structural Equation Modeling (SEM) analysis instruments. This study empirically requires that the existence of R&D Transfer can encourage market openness to increase the export rate with a direct effect of 0.577. Thus, R&D Transfer has proven to be able to create new applied research and technology that encourages the creation of market openness for entrepreneurs so that they can compete in the global market and lead to an increase in the National Export Rate. Therefore, the practical implications of this study show that countries need to encourage the existence of R&D Transfer through the fulfillment of Physical Infrastructure and Government Support to increase market opening for increased exports.]]>
<![CDATA[Democracy as an Elite Tool for Oppressing the Majority: A Case of Selected African Countries ]]>
<![CDATA[Mohale Ernest Selelo]]>;
<![CDATA[Magatane Tshwarelo Mashilo]]>
<![CDATA[ Journal of Governance Risk Management Compliance and Sustainability Vol. 3 No. 2 (2023): October Volume ]]>
Publisher : <![CDATA[Center for Risk Management & Sustainability and RSF Press ]]>
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DOI: 10.31098/jgrcs.v3i2.1860
<![CDATA[This paper seeks to establish and investigate the incontrovertible scenarios that the people of Zimbabwe and Uganda experienced during the dawn of democracy. This paper argues that "democracy" is a system beneficial to the elites but unbearable and detrimental to the livelihoods of ordinary people in Zimbabwe and Uganda. The democratic breakthrough in these countries brought hope, confidence, and zest to the proletariats that their dire socio-economic conditions would be transformed for the better. But little did they know that their conditions would be exacerbated than ever before. The high levels of inequalities, poverty and unemployment in these countries continue to haunt the people. Unfortunately, this happens under the ambit of AU, which is tight-lipped to such conditions people are going through. Regrettably, it appears as if the ones who are in positions of leadership are fueling the abuse of democracy, wherein they abuse their power in government to orchestrate their illegitimate shenanigans. Subsequently, human rights are often violated and suppressed when the “mighty” officials want to influence the processes of democracy with a direct autocratic system. Despite the calls from the UN that human rights and democracy should be respected and adhered to, people continue to witness the violence and suppression of such principles under the ambit of democratic governments. This paper uses a qualitative research approach to analyze the scenarios of the abuse of democracy in these countries. This paper finds that the violation of freedom of expression, assembly, and freedom of association is prevalent in these countries. Therefore, the paper recommends that structures such as the AU should enforce their responsibilities to safeguard and protect the rights of the people as per democratic states.]]>
<![CDATA[Internal and External Determinants of Bank Syariah Indonesia Capital Gain during the Pandemic ]]>
<![CDATA[Resi Ariyasa Qadri]]>;
<![CDATA[Etty Murwaningsari]]>
<![CDATA[ Journal of Governance Risk Management Compliance and Sustainability Vol. 3 No. 2 (2023): October Volume ]]>
Publisher : <![CDATA[Center for Risk Management & Sustainability and RSF Press ]]>
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DOI: 10.31098/jgrcs.v3i2.1875
<![CDATA[This paper seeks to confirm and explain the relationship between internal factors of stock-lagged return and trading volume and external factors of composite price on returns of Bank Syariah Indonesia or BRIS. We collect the daily financial data of BRIS stock, Indonesia composite index, gold price, exchange rate, and Bank of Indonesia's deposit rate from the Refinitiv database. We obtained 1,230 time-series data to be analyzed further by implementing time-series analyses. Our research shows that the autoregressive integrated moving average (1,1,0) is the best model for univariate and multivariate analysis. Our study finds that lagged return has a negative effect on the bank’s daily return while trading volume has a positive impact on daily return. Our research reveals that composite price has the same effect as trading volume on daily return. Investors, especially short-term traders, may use our findings to formulate a different strategy for dealing with the volatility of Bank Syariah Indonesia stock. Our research contributes to the investment field by developing a new measurement for predicting the bank’s return when conducting short-term trading.]]>
<![CDATA[The Commissioner for Conciliation, Mediation and Arbitration Office in South Africa: Serving the Interest of the Powerful or the Powerless? ]]>
<![CDATA[Mokoko Sebola]]>
<![CDATA[ Journal of Governance Risk Management Compliance and Sustainability Vol. 3 No. 2 (2023): October Volume ]]>
Publisher : <![CDATA[Center for Risk Management & Sustainability and RSF Press ]]>
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DOI: 10.31098/jgrcs.v3i2.1877
<![CDATA[Legislatively, the Office of the Commissioner for Conciliation Mediation and Arbitration (CCMA) in the South was created to ensure a fast, convenient, and fair labour dispute mechanism within the labour force environment. While some believe that the Office is fair in the adjudication of cases brought to them, this article argues differently from such held viewpoint. This article argues that the Office of the CCMA largely serves the interest of the Powerful (Employers) and largely ignores the Powerless (Employees). There are few if any, scholarly articles which addressed this crucial element of injustice against the working class in South Africa, which emanates from the ineffective operation of this institution. This article is conceptual in approach, and it uses literature to argue that the current ineffective systems used in the CCMA office ensure little security and protection of employees' rights against well-resourced and labour-abusive employers. The article concludes that the unfair balance of consideration of the interests of the employers and employees at the CCMA renders the purpose of the office ineffective, with no valid moral reason to exist in South Africa.]]>
<![CDATA[Governance, Ethics and Public Service Delivery: The Ramifications of Corruption ]]>
<![CDATA[Malesela Jim Masenya]]>;
<![CDATA[Admire Mthombeni]]>
<![CDATA[ Journal of Governance Risk Management Compliance and Sustainability Vol. 3 No. 2 (2023): October Volume ]]>
Publisher : <![CDATA[Center for Risk Management & Sustainability and RSF Press ]]>
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DOI: 10.31098/jgrcs.v3i2.1893
<![CDATA[The purpose of this paper is to illustrate the repercussions of corrupt practices in the South African public sector and to recognise the critical need for ethical control to promote good governance. Since the advent of democracy in 1994, there has been a myriad of incidents of corruption involving public servants in South Africa. Corruption is now recognised as one of the South African government's greatest challenges, with numerous consequences for public service delivery in that the resources that are meant to assist the poor are diverted to benefit a few corrupt officials. Corruption undermines democracy and social justice, thus deepening poverty, increasing organised crime and stunting efforts to stimulate human security. The incidents of corruption characterised by colossal theft, embezzlements and rampant bribery are the basis of knowledge around the ability of the government to deal effectively with dishonesty. The paper will use a literature review to argue and demonstrate that despite the devotion of the government to combat unethical conduct of public servants by formulating various pieces of legislation and policies as an attempt to address the problem of unethical behaviour, the tribulations of corruption and problems of immoral conduct by public servants continue to escalate, thus, perpetuating poor provision of public service. The paper concludes that continued unethical practices by public servants cannot go unpunished; ethics must be enforced to enhance public service delivery.]]>
<![CDATA[Travel Restrictions in Siargao: An Intervention for the Island’s Long-Term Sustainability ]]>
<![CDATA[Rovena I. Dellova]]>;
<![CDATA[Khrystal Capadosa]]>;
<![CDATA[Janela A. Dangcalan]]>;
<![CDATA[Aliyah D. Descartin]]>;
<![CDATA[Rheem Jatol]]>;
<![CDATA[Michelleana S. Hernandez]]>;
<![CDATA[John Victor C. Virrey]]>
<![CDATA[ Journal of Governance Risk Management Compliance and Sustainability Vol. 4 No. 1 (2024): April Volume ]]>
Publisher : <![CDATA[Center for Risk Management & Sustainability and RSF Press ]]>
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DOI: 10.31098/jgrcs.v4i1.1509
<![CDATA[An overwhelming influx of tourists to a destination can create massive pressure. Siargao, a tourism-first island known as "Asia's Best Island" and the "Surfing Capital of the Philippines", is one of the favorite spots and has captivated the hearts of tourists around the world. This study investigated the efficacy of travel restrictions to ensure the island’s long-term sustainability. This descriptive research, using a quantitative approach, utilized snowball sampling. Data were gathered from 400 respondents from the National Capital Region. The findings revealed that Siargao is popularly known as one of the top attractions in the Philippines, and respondents are aware that excessive tourism may lead to site deterioration. Restrictions could be an effective intervention to achieve island conservation. Stakeholders can make a substantial contribution to conservation efforts by closely observing tourist demand and behavior to incorporate the current travel restrictions into strategies and, thereby, prevent traffic and destruction of natural sites when visitation levels return to normal. These restrictions could be an effective environmental conservation intervention; therefore, implementing these travel limitations is an effective way to ensure long-term gains that contribute to Siargao’s conservation goals. Considering this additional intervention, a thorough intervention, and its impact will greatly help determine the significance of the improvement. Thus, this pioneering study provides supporting statements to help Siargao rise to the top Philippine destination and ensure the long-term sustainability of tourism.]]>
<![CDATA[Geographical Information Systems (GIS) in Municipal Planning and Management: A Pathway to Improve South African Service Delivery ]]>
<![CDATA[Kamogelo Racheku]]>;
<![CDATA[France Khutso Lavhelani Kgobe]]>
<![CDATA[ Journal of Governance Risk Management Compliance and Sustainability Vol. 4 No. 1 (2024): April Volume ]]>
Publisher : <![CDATA[Center for Risk Management & Sustainability and RSF Press ]]>
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DOI: 10.31098/jgrcs.v4i1.2015
<![CDATA[In the years after 1994, the democratic government of South Africa worked to transfer and extend basic service provision to practically all sections of the country. The delivery of public services continues to be an embarrassment to humanity and the developmental state. Without proper basic services such as water, sanitation, power, infrastructure, health facilities, and housing, a large section of South Africa’s people would continue to live and die. As a result, society remains disenfranchized and exposed to socioeconomic shocks, contributing to the economy's decline and destruction. To support successful service delivery, the integration of Geographical Information Systems (GIS) as a shift from human-led operations to computerized operations is now recognized and required in municipal planning and management. The central purpose of this study is to evaluate the feasibility of applying GIS as a crucial planning tool infused within integrated development planning in municipal planning and management. The current state of service delivery in existing municipal planning and management procedures, as well as the factors that influence it and the effect it has on society, will be examined. This conceptual study employs secondary data and follows a certain methodology. Using the Critical Discourse Analysis (CDA) methodology, secondary data were examined. The results demonstrate that political influence and manipulation, a lack of openness and accountability, insufficient citizen participation, a lack of personnel capability, and poor planning, monitoring, and evaluation contribute to poor public service delivery in South Africa. Furthermore, the findings indicate that GIS functions as a tool for visualization and collation of spatial information, map production, and data capturing and storage in local municipalities with the aim of enhancing public service delivery.]]>
<![CDATA[Moderating Role of Profitability in The Association Between Green Accounting and Firm Value ]]>
<![CDATA[Raldin Alif Al Hazmi]]>;
<![CDATA[Ammar Ramadhan]]>;
<![CDATA[Amrie Firmansyah]]>
<![CDATA[ Journal of Governance Risk Management Compliance and Sustainability Vol. 4 No. 1 (2024): April Volume ]]>
Publisher : <![CDATA[Center for Risk Management & Sustainability and RSF Press ]]>
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DOI: 10.31098/jgrcs.v4i1.2166
<![CDATA[Environmental pollution often occurs in various parts of the world, including Indonesia. Indonesia, with abundant natural resources, raises new environmental issues. Companies in the mining and coal sector cause significant environmental damage in Indonesia. Not infrequently, these companies are less aware of the importance of preserving the environment. Most companies only think about profit without paying attention to environmental sustainability. This study aims to analyze and determine the effect of green accounting implementation on firm value and profitability on moderating the interaction between green accounting and firm value. This study uses data from 14 companies engaged in mining and coal for 2020-2022 on the Indonesia Stock Exchange (IDX) website and the Proper Value Index issued by the Decree of the Ministry of Environment with a sample of 42 sample data. The test was conducted using panel data multiple linear regression analysis. This study concludes that green accounting affect firm value. Profitability has not been able to model the interaction between green accounting and firm value. This study is expected to add to the literature on financial accounting, sustainability accounting, and green accounting, especially regarding firm value and investor reaction. This research is also expected to provide attention to companies in Indonesia to improve their green sustainability. There is a need to increase the role of the government in overseeing the implementation of green accounting in companies to ensure the sustainability of the Indonesian environment.]]>
<![CDATA[Effect of Planning and Budget Realization with Covid-19 As A Moderator Variable toward Budget Absorption in Resort Police Station Bangka Tengah ]]>
<![CDATA[Harry Pranajaya]]>;
<![CDATA[Lela Nurlaela Wati]]>;
<![CDATA[Ira Geraldina]]>
<![CDATA[ Journal of Governance Risk Management Compliance and Sustainability Vol. 4 No. 1 (2024): April Volume ]]>
Publisher : <![CDATA[Center for Risk Management & Sustainability and RSF Press ]]>
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DOI: 10.31098/jgrcs.v4i1.2169
<![CDATA[In response to the Covid-19 pandemic, the government prioritized allocating a significant portion of its resources toward preventing the spread of Covid-19. Undoubtedly, this will inevitably affect the meticulously devised programs aimed at achieving budgetary recuperation. This study aims to determine the extent to which Covid-19 affects the budget absorption of the Resort Police Station Work Unit in Bangka Tengah. This study utilizes a quantitative methodology, utilizing moderating regression analysis (MRA) for data analysis. The financial statements cover a period of 72 months, spanning from 2017 to 2022. The study discovered that both the planning and implementation of activities, as well as the regulation of the Covid-19 pandemic’s impact on planning and implementation, had a noteworthy influence on the utilization of funds at the Resort Police Station Bangka Tengah. This study demonstrates that the planning process at the Bangka Tengah Police is capable of adjusting to the current requirements, resulting in improved budget use. The Bangka Tengah Police can improve budget absorption by implementing monthly budget realization. No prior research has been conducted on budget absorption at the Police Station during the Covid-19 pandemic, which had a widespread impact on all aspects of life.]]>
