Journal of Accounting and Investment
Vol. 27 No. 2: May 2026

Path modeling and geospatial analysis of ESG implementation among forest-based SMES in Jayapura

Pangayow, Bill (Unknown)
Safkaur, Otniel (Unknown)
Matani, Cornelia (Unknown)
Karoma, Yulianti (Unknown)
Salle, Hesti (Unknown)
Mudassir, Annisa Fitriah (Unknown)
Pedroso, Maybelyn (Unknown)



Article Info

Publish Date
31 May 2026

Abstract

Research aims: This study examines the effect of Ownership Commitment (OC) on Environmental, Social, and Governance (ESG) implementation among forest-based SMEs in Jayapura by testing the moderating roles of Stakeholder Expectation (SE) and Regulation Threat (RT), while mapping the spatial distribution of ESG performance.Design/Methodology/Approach: A quantitative, explanatory, cross-sectional design was employed using Partial Least Squares Structural Equation Modeling (PLS-SEM) with WarpPLS. Primary data were collected through structured questionnaires from 58 forest-based SMEs in Jayapura City and Regency. GPS Map Camera was used to capture firm coordinates, and spatial analysis was conducted in R using the sf and leaflet packages.Research findings: Ownership Commitment significantly enhances ESG implementation. Regulation Threat positively moderates the OC–ESG relationship, whereas Stakeholder Expectation weakens it. The model explains 24% of the variance in ESG implementation. Spatial analysis identifies higher ESG performance along the Abepura–Waena–Sentani corridor, while semi-peripheral and coastal areas such as Holtekamp, Koya Barat, and Koya Timur exhibit relatively lower performance.Theoretical contribution/Originality: The study integrates stewardship, institutional, and stakeholder theories within a spatially informed framework by combining PLS-SEM with geospatial analysis.Practitioner/Policy implication: Findings support location-specific ESG policies, stronger ownership commitment, and balanced regulatory and stakeholder interventions.Research limitations/Implications: Limitations include the cross-sectional design, region-specific sample, and reliance on self-reported ESG measures.

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Journal Info

Abbrev

ai

Publisher

Subject

Economics, Econometrics & Finance

Description

JAI receives rigorous articles that have not been offered for publication elsewhere. JAI focuses on the issue related to accounting and investments that are relevant for the development of theory and practices of accounting in Indonesia and southeast asia especially. Therefore, JAI accepts the ...