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Responsible Environmental Management: Sustainable Strategy Models for the Future Lukita, Chandra; Wahyudin Anugrah, Rio; Aulia Anjani, Sheila; Fitriani, Anandha; Mkhize, Thabo
APTISI Transactions on Management (ATM) Vol 8 No 3 (2024): ATM (APTISI Transactions on Management: September)
Publisher : Pandawan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33050/atm.v8i3.2358

Abstract

The aim of this study is to explore the relationship between responsible en- vironmental management and business performance, emphasizing sustainable strategy models that enhance both environmental sustainability and profitability in modern organizations. Using Partial Least Squares Structural Equation Modeling (PLS-SEM) with SmartPLS, data were collected from 150 medium to large organizations across multiple industries, including manufacturing, retail, and energy sectors, all of which have implemented formal environmental man- agement initiatives. The findings reveal a statistically significant positive impact of responsible environmental management on both environmental sustainability (β = 0.72, p < 0.01) and business performance (β = 0.65, p < 0.01). Addi- tionally, environmental sustainability was found to positively influence business performance (β = 0.54, p < 0.01). These results validate the relevance of models such as the Triple Bottom Line and Circular Economy, providing action- able insights for companies aiming to enhance competitiveness while achieving sustainability goals. This study highlights the practical implications for busi- ness leaders and policymakers, particularly in fostering sustainable practices that align with both regulatory demands and long-term profitability. Future research is recommended to explore the longitudinal impacts of these strategies across different sectors and regulatory environments.
Assessing the Influence of Green Supply Chain Initiatives on Corporate Performance Using SmartPLS Anwar, Nizirwan; Jensen, Henrik; Wahyudin Anugrah, Rio
APTISI Transactions on Management (ATM) Vol 9 No 1 (2025): ATM (APTISI Transactions on Management: January)
Publisher : Pandawan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33050/atm.v9i1.2423

Abstract

This study investigates the influence of Green Supply Chain Initiatives (GSCI) on Corporate Performance (CP), emphasizing the mediating role of Operational Efficiency (OE). Using Partial Least Squares Structural Equation Modeling (PLS-SEM) through SmartPLS, the research analyzes survey data collected from SESINDO organizations. GSCI, encompassing practices such as green procurement, eco-design, and waste management, are examined for their impact on financial, operational, and environmental performance. The findings reveal a significant positive relationship between GSCI and CP, highlighting that sustainable practices enhance financial outcomes, operational efficiencies, and environmental impact reduction. Furthermore, OE is identified as a partial mediator, amplifying the benefits of GSCI on CP. This underscores the importance of optimizing resource utilization and streamlining processes to maximize the impact of sustainability initiatives. The study contributes to theory by integrating the Resource-Based View (RBV) and Institutional Theory, offering a comprehensive understanding of GSCI adoption and outcomes. Practically, it provides actionable insights for business leaders and policymakers to promote sustainability while achieving competitive advantage. Despite its contributions, the study acknowledges limitations, such as its cross-sectional design and regional focus, and suggests future research in diverse contexts. This research underscores the transformative potential of GSCI in driving sustainable corporate success.
Leveraging Blockchain Technology to Strengthen Cybersecurity in Financial Transactions: A Comprehensive Analysis Yusuf, David Arian; Wahyudin Anugrah, Rio; Arif Komara, Maulana; Julianingsih, Dwi; Garcia, Emily
CORISINTA Vol 1 No 2 (2024): August
Publisher : Pandawan Sejahtera Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33050/corisinta.v1i2.33

Abstract

In the rapidly evolving digital landscape, financial transactions are increasingly vulnerable to cyber threats, necessitating advanced security measures beyond traditional methods like encryption and firewalls. This study explores the potential of blockchain technology as a robust framework for enhancing cybersecurity protocols in financial transactions. The primary objective is to assess how blockchain’s decentralized, transparent, and cryptographic features can mitigate risks such as fraud, unauthorized access, and data breaches. Employing a quantitative experimental design, the study simulated financial transactions on a blockchain platform and analyzed historical data on security breaches. The results indicate that blockchain technology significantly improves data security, with a 98\% effectiveness rate in preventing and detecting breaches. However, challenges such as scalability, regulatory compliance, and high energy consumption were also identified. The findings suggest that while blockchain holds considerable promise for securing financial transactions, further innovation is necessary to address its limitations and fully leverage its capabilities in the financial sector.