New issue of the Corporate Governance and Sustainability Review journal
The editorial team of Virtus Interpress is glad to share the news that the second issue of the journal “Corporate Governance and Sustainability Review” in 2025 has been published. The articles in this issue are situated within the shifting terrain, offering not isolated insights but interconnected reflections on how firms, institutions, and policy frameworks adapt, often imperfectly, to the demands of long-term sustainability.
The first paper in this issue by Sappaya Priwarapan and Rattaphong Sonsuphap aims to explore the integration of green industries and clean technologies into Thailand’s economic framework, a critical step for advancing sustainable development and enhancing the green economy.
The next study by Pranesh Debnath, Indranil Ganguly, Trilochan Sharma, Pramod Kumar Upadhyay, Pankaj Kumar Tripathi, Prashant Vadikar, and Hiranmayee Debi examines the advancements and disparities in achieving the Sustainable Development Goals (SDGs) across various states and union territories (UTs) in India since 2015. This study enriches current literature by providing empirical insights into SDG progress and disparities across states and UTs for the first time in the Indian context.
Imam Abu Hanifah and Vierina Clyde analyze the dimensions of professional commitment of the Government Internal Supervisory Apparatus, towards whistleblowing intention with retaliation, religiosity, organizational commitment, and locus of control as moderating variables.
The study by Stavros G. Efthimiou addresses the role that entrepreneurship can play in tourism development and sustainable economic growth in the most economically underprivileged rural regions. The findings show how entrepreneurship’s economic adaptation can make a difference in disadvantaged rural areas and put forward recommendations for effective policy interventions that may contribute to the development of sustainable tourism, centered on and focused on local communities.
The next research paper by Marisela Santiago-Castro delves into the pivotal role of Puerto Rican commercial banks in promoting the United Nations (UN) Sustainable Development Goals (SDGs). The findings reveal the proactive engagement of Puerto Rican commercial banks in sustainable development (SD), evident through dedicated web pages and standalone sustainability reports.
Nora Hilmia Primasari focuses on two key concepts: corporate social responsibility (CSR) and corporate sustainability (CS). This study aims to summarize trends and developments that can promote the integration of CSR and sustainability to enhance scientific knowledge in this field. The results indicate that the first publication on CSR and sustainability emerged in 1994, with a peak in 2021 showing the highest number of publications.
Fainos Chokera, Emmanuel Mutambara, and Abudulla Dawood Kader examine the challenges of leather value addition faced by small and medium-sized enterprises (SMEs) in Zimbabwe, highlighting the sector’s significance for employment creation and economic growth. Key findings reveal that while the leather industry has inherent sustainability potential, the current orientation remains underutilised due to several factors, including limited knowledge, high costs of eco-friendly technologies, and outdated practices.
The research study by Rukshana Begum and Farhana Begum investigates the willingness of small and medium-sized enterprises (SMEs) in Bangladesh to adopt digital management accounting applications employed within the technology acceptance model (TAM) framework. This study augments the TAM framework by integrating self-efficacy and personal awareness, thereby offering a more comprehensive understanding of technology adoption in financial management.
Huong Tran Thi Lan and Dung Le Thanh investigate the factors influencing the application of responsibility accounting (RA) in Vietnamese enterprises listed on the stock exchange. The results indicate that among the factors with a proportional relationship, managers’ awareness has the most significant impact on the establishment of RA in these enterprises, while organizational costs are the only factor that negatively influences its implementation.
The final research paper in this issue by Watcharapoj Sapsanguanboon, Wethaya Faijaidee, and Luksika Potasin explores how integrating sustainability into traditional business strategies can foster sustainable competitive advantage. This paper offers a timely contribution to academic discourse and managerial practice by providing a structured approach for embedding sustainability into strategic planning processes.
The full issue of the journal is available at the following link.
We wish you a pleasant and informative reading!
