Assessing Sustainable Consumption in Packaged Food in Indonesia: Corporate Communication Drives Consumer Perception and Behavior

Sustainable consumption has been addressed in the literature in recent years, especially in relation to changing from a traditional consumption to sustainable consumption. Reducing environmental impacts from waste generation has been the focal point of sustainable consumption. However, a large number of attributes has caused a complexity in understanding which attributes effectively enhance the consumption. In particular, sustainable consumption has been facing a negative trend due to low levels of knowledge about packaging’s environmental impact, failed communication which leads to misperception and irresponsible behavior. This study contributes to proposing a set of attributes for enhancing sustainable consumption in the Indonesian food industry, to fulfill the lack of understanding of the attribute interrelationships using qualitative information. This study proposes a set of attributes to enhance sustainable consumption with qualitative information by assessing the interrelationships among the attributes employing the Delphi method and fuzzy decision-making trial and evaluation laboratory method to provide causal and effect relationships. As a result, corporate communication, consumer perception, consumer behavior, and product packaging are major aspects for sustainable consumption enhancement. Corporate communication becomes a major driver to affect perception and behavior. This study proposes a managerial insight for the packaged food industry on improving several criteria including green marketing, green consumerism, verbal features, and importance of information

Profit Maximization for Waste Furniture Recycled in Taiwan Using Cradle-to-Cradle Production Programming

This study proposes the use of cradle-to-cradle production programming for waste furniture and aims to achieve optimal efficiency by reusing waste furniture and maximizing the corresponding benefits so that the furniture industry is in line with cradle-to-cradle manufacturing. This study is increasingly important to manage products through a comprehensive green reverse logistics system that consists of three procedures, i.e., recycling, reuse, and remanufacturing of waste items. This study proposes a mathematical formula to establish a cradle-to-cradle production programming model for waste furniture. The fuzzy set theory is used to define the attributes that reflect production and market demands such as degree of damage, technical feasibility, market demands, environmental protection laws and regulations, and environmental performance. In addition, particle swarm optimization is adopted to ascertain the optimal profit from waste furniture sales. Through situational simulations and analyses, the fuzzy set information from Taiwan, Germany, and China is compared. The result reveals that the qualitative information proposed has a significant impact on the profit of waste furniture reuse. The production model can effectively assist in the production programming of waste furniture, thereby optimizing profit for cradle-to-cradle production planning

Sustainable agritourism in Thailand: Modeling business performance and environmental sustainability under uncertainty

© 2019 by the authors. This study aims to identify the causal attributes of sustainable agritourism in Thailand. Agritourism is a systematic approach based on farm diversification for tourism purposes. Agritourism is usually assessed with qualitative information. However, the assessment of agritourism attributes involves considering the interrelationships among the attributes. Prior studies on sustainable agritourism do not identify and address interrelated attributes using qualitative information. This study applies the Delphi method to identify a set of valid attributes. Moreover, this study applies triangular fuzzy numbers to transform the qualitative information into comparable values and uses a decision-making trial and evaluation laboratory to identify the interrelationships among the attributes in the causal model. The results show that sustainable business performance and rural economic conditions are the key drivers of environmental sustainability. This result suggests that the attributes that may potentially stimulate sustainable agritourism are the development and implementation of an agritourism-specific plan, the development of a local business value chain, and government-led tourism promotion

Sustainable Agritourism in Thailand: Modeling Business Performance and Environmental Sustainability under Uncertainty

This study aims to identify the causal attributes of sustainable agritourism in Thailand. Agritourism is a systematic approach based on farm diversification for tourism purposes. Agritourism is usually assessed with qualitative information. However, the assessment of agritourism attributes involves considering the interrelationships among the attributes. Prior studies on sustainable agritourism do not identify and address interrelated attributes using qualitative information. This study applies the Delphi method to identify a set of valid attributes. Moreover, this study applies triangular fuzzy numbers to transform the qualitative information into comparable values and uses a decision-making trial and evaluation laboratory to identify the interrelationships among the attributes in the causal model. The results show that sustainable business performance and rural economic conditions are the key drivers of environmental sustainability. This result suggests that the attributes that may potentially stimulate sustainable agritourism are the development and implementation of an agritourism-specific plan, the development of a local business value chain, and government-led tourism promotion

Sustainable Investment: Interrelated among Corporate Governance, Economic Performance and Market Risks Using Investor Preference Approach

Prior studies are lacking on the drivers of sustainable investment. Hence, this study examines the relationship between the social aspects, environmental aspects, economic benefits, market conditions, and corporate governance issues on sustainable investment. Sustainable investment has been rising since the last decade. However, sustainable investment is preceded by ethical investment, green investment, and socially responsible investment. In order to understand the sustainability of an investment before decision-making, it proposed a set of attributes to measure its sustainability using investor’s linguistics preferences. The proposed attributes are interrelated and based on investor’s linguistic preferences. The study employs the fuzzy set theory to handle the uncertainty resulting from the vagueness of linguistic terms and applies decision making trial and evaluation laboratory (DEMATEL) to determine the nature of interrelationships among sustainable investment attributes. The result indicates that corporate governance, economic performance, and market risks are the causal aspects of sustainable investment. In addition, this study found that transparency, anti-corruption, and board diversity were the two most important criteria of corporate governance. Furthermore, the three most important criteria of economic performance presented the model were excess return, market value, and shareholder loyalty. The theoretical and practical implications of sustainable investment are discussed