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Greenhouse Emission Reduction and Sustainable Development in South East Asia

This paper has three objectives: firstly, to uncover the perceptions of top management, that is the Chief Executive Officers, Chief Financial Officers or Finance Directors, concerning the current debate on climate change. Secondly, to discover what current steps are taken that address sustainability...

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Main Authors: Susela, D., Wong, E.S.K.
Format: Article
Published: Kaunas Faculty of Humanities, Vilnius University, Lithuania 2010
Subjects:
HF Commerce
Accounting. Bookkeeping
Online Access:http://eprints.um.edu.my/13100/
http://www.transformations.khf.vu.lt/20/article/gree
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spelling my.um.eprints.131002015-03-24T01:12:45Z http://eprints.um.edu.my/13100/ Greenhouse Emission Reduction and Sustainable Development in South East Asia Susela, D. Wong, E.S.K. HF Commerce Accounting. Bookkeeping This paper has three objectives: firstly, to uncover the perceptions of top management, that is the Chief Executive Officers, Chief Financial Officers or Finance Directors, concerning the current debate on climate change. Secondly, to discover what current steps are taken that address sustainability and what barriers exist for Malaysian companies to deal in carbon trading, and thirdly, to understand the extent that climate change is perceived as a business strategy. The conducting of thirty in-depth interviews with top management of 30 Malaysian companies selected at random, form the database used in this article. The results of this survey reveal that the respondents perceive that a carbon trading mechanism is not an effective mechanism for addressing global warming. However, there are indications that some companies consider this a strategic issue worth considering. The study reveals that political and social awareness is an issue and that policy makers can examine suggestions to enhance sustainability development mechanisms. The paper uses an action research methodology to engage with Malaysian company management concerning available and adoptable sustainability practices. This is the first study in the context of a developing country. Kaunas Faculty of Humanities, Vilnius University, Lithuania 2010 Article PeerReviewed Susela, D. and Wong, E.S.K. (2010) Greenhouse Emission Reduction and Sustainable Development in South East Asia. Transformations in Business & Economics, 9 (2 (20)). pp. 64-85. ISSN 1648-4460 http://www.transformations.khf.vu.lt/20/article/gree
institution Universiti Malaya
building UM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaya
content_source UM Research Repository
url_provider http://eprints.um.edu.my/
topic HF Commerce
Accounting. Bookkeeping
spellingShingle HF Commerce
Accounting. Bookkeeping
Susela, D.
Wong, E.S.K.
Greenhouse Emission Reduction and Sustainable Development in South East Asia
description This paper has three objectives: firstly, to uncover the perceptions of top management, that is the Chief Executive Officers, Chief Financial Officers or Finance Directors, concerning the current debate on climate change. Secondly, to discover what current steps are taken that address sustainability and what barriers exist for Malaysian companies to deal in carbon trading, and thirdly, to understand the extent that climate change is perceived as a business strategy. The conducting of thirty in-depth interviews with top management of 30 Malaysian companies selected at random, form the database used in this article. The results of this survey reveal that the respondents perceive that a carbon trading mechanism is not an effective mechanism for addressing global warming. However, there are indications that some companies consider this a strategic issue worth considering. The study reveals that political and social awareness is an issue and that policy makers can examine suggestions to enhance sustainability development mechanisms. The paper uses an action research methodology to engage with Malaysian company management concerning available and adoptable sustainability practices. This is the first study in the context of a developing country.
format Article
author Susela, D.
Wong, E.S.K.
author_facet Susela, D.
Wong, E.S.K.
author_sort Susela, D.
title Greenhouse Emission Reduction and Sustainable Development in South East Asia
title_short Greenhouse Emission Reduction and Sustainable Development in South East Asia
title_full Greenhouse Emission Reduction and Sustainable Development in South East Asia
title_fullStr Greenhouse Emission Reduction and Sustainable Development in South East Asia
title_full_unstemmed Greenhouse Emission Reduction and Sustainable Development in South East Asia
title_sort greenhouse emission reduction and sustainable development in south east asia
publisher Kaunas Faculty of Humanities, Vilnius University, Lithuania
publishDate 2010
url http://eprints.um.edu.my/13100/
http://www.transformations.khf.vu.lt/20/article/gree
_version_ 1643689462801104896
score 13.211869

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