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The panic wrought by the 1997 Asian financial crisis spurred different mitigative measures. Some states assented to IMF bailout and restructuring, while others enforced capital control. Since then, despite intense academic and regulatory scrutiny of the nuances of the recession, empiric focus on recovery trajectory of affected countries centred chiefly around traditional GDP metrics; an approach that disregards economic performance in a manner congruent with Sustainable Development Goals (SDG). In this paper, we adopt a broader SDG-compatible approach by tracking two affected countries' (Korea and Malaysia) recovery via operationalizing an alternative growth indicator GPI (Genuine Progress Indicator). First, we construct a 35-year long GPI index from 1980 to 2014 and employ the Solow Growth Model to measure the impact of the two remedial measures on GDP and GPI of both countries. Employing an ARDL approach, we find external debt to impact significantly the GDP and GPI of Korea. Meanwhile for Malaysia, the controversial capital control failed to register significant impact. Moreover, unemployment rates, trade openness, fixed capital formation and the history of previous crises are found to be influential determinants of GDP and GPI, with credit and exchange rate variables showing ambiguous results. Image 1 • We track recovery paths of South Korea & Malaysia after 1997 Asian Financial Crisis. • Recovery is examined via traditional GDP and sustainable development-oriented GPI. • External debt significantly impacts economic growth in GDP & GPI for South Korea. • Capital control is an insignificant influence on either metric for Malaysia. • Unemployment, trade policy, capital formation and crises are significant determinants. [ABSTRACT FROM AUTHOR]

The Clean Development Mechanism (CDM) enables transferring technology from developed countries to developing countries, such as Malaysia, and simultaneously promotes sustainable growth. Although this has been proven, the contribution of Malaysian companies in CDM projects is low. Therefore, this study has been aimed at investigating the determinants of CDM adoption and its impact on companies' performances. Data were gathered by surveying 91 companies in the energy, agriculture, and forestry sectors in Malaysia implementing CDM projects. The data were analysed using the partial least squares technique. The results show that environmental regulations, competitiveness, and financial benefits have a positive impact on CDM implementation. Additionally, this study reported a significant positive effect of CDM implementation on economic performance. This paper extends the knowledge on the determinants and financial outcome of CDM implementation. The information given in this research might be beneficial for policy makers and managers in modifying tactics and strategies towards successful promotion of the CDM in developing countries. [ABSTRACT FROM AUTHOR]

While sustainability in sports centers has recently been clarified to speed up the sustainable societal transitions under the banner of “Sport for Sustainable Development”, it seems relatively small and in need of movement to generate a significant outlook. In pursuit of this aim, the research for this paper was built upon the discussion concerning “Green Human Resource Management” practices, which emerged with the Ability–Motivation–Opportunity theoretical lens to embed sustainability in such centers. It specifies a system of the key practices to implement a cleaner sustainability strategy within the sports center that has multiple effects at the macro, meso, and micro levels of society. In an attempt to address the lack of research on such a system, a novel multi-methods approach was implemented in three sections. The first section led to identifying an initial seven-factor structure based on factor analysis of a pilot study with ninety-seven respondents from the green community of Johor Darul Ta'zim Football Association. Next, interpretive structural modeling was performed using a survey of experts' judgment to develop the initial structure. Finally, structural equation modeling was considered to test the developed model. Upon validation of the proposed model, the results revealed a seven-factor interpretive structural equation model with four levels: “performance management”, and “player involvement and empowerment”; “culture and supportive climate”, and “pay and reward systems”; “attracting and selecting”; and “training and development”, and “union role in player involvement and environmental management”. The analyses indicated that there were strong relationships between these key practices throughout the system. The system highlighted practices toward correlating “performance management”, and “player involvement and empowerment”, which constitute the foundation for implementing the system. The research findings highlighted the importance of this system in making the transition to the notion of “sustainable center” in Johor Darul Ta'zim, as well as for other sports centers throughout Malaysia and other parts of the world. Future research directions are also discussed. [ABSTRACT FROM AUTHOR]

Abstract: This paper gives an overview of the green potential of the palm biomass industry, which contributes to Malaysia’s economic and sustainable development. An overall picture of the green development indicators of the country is provided based on the authors’ experiences in policy making, research and business development. The emerging palm biomass industry in Malaysia is foreseen to dominate the country’s directional development in the coming years, particularly when the sustainability issue is raised globally. With the increasing volume of palm oil residue accumulation due to palm oil production, palm biomass is gaining significant attention and being increasingly utilised to produce various green products as well as highly valuable biochemicals, such as bioethanol, vitamins, etc. The palm oil industry has been identified as the key industry for expansion to achieve economic advancement along with the development of greener production processes in the country. Research on palm biomass, which is actively being carried out by both private and public institutions, is categorised. Furthermore, actions and policies to promote the implementation of green technology in Malaysia, while simultaneously defending both environmental and ecological health and promoting technology transformation, are summarised. Challenges and concerns over the green future of the country are discussed, as well as the business trend in the Malaysian palm biomass industry. [Copyright &y& Elsevier]

Poor environmental management of construction projects contributes greatly to environmental degradation. While many changes have been introduced in the global industry, such as the development of green materials and green building certification, limited effort has been done by stakeholders to bring about any improvement in Malaysia. Green procurement was introduced to accelerate practitioners to procure green buildings. This paper examines the interaction between two main constructs – stakeholder values and green procurement – through a questionnaire survey of experienced Malaysian construction stakeholders, extracted from an extensive literature review and validated through expert interviews. The ensuing data is then used to build a structural equation model to measure the constructs through their constituent variables, to verify if stakeholder values have a significant impact on the adoption of green procurement by an organisation or for a project. The study reveals that stakeholder values have a positive influence on shaping the green orientation of a construction procurement. The identified key stakeholder values are stakeholder commitment, technical competencies, awareness and knowledge sharing. The results show the key values needed for their procurement delivery to be on a sustainable path. The study also provides the basis for further research into green procurement for construction projects in Malaysia and beyond. Image 1 • Green procurement was introduced to accelerate practitioners to procure green buildings. • The stakeholder values have a positive influence on shaping the green orientation of a construction procurement. • The key stakeholder values needed for their procurement delivery to be on a sustainable path. • The identified key stakeholder values are stakeholder commitment, technical competencies, awareness and knowledge sharing. [ABSTRACT FROM AUTHOR]