Journal of Security and Sustainability Issues

This study aims to examine whether the assessment of Criteria for Performance Excellence (KPKU) is related to the firm performance of States-Owned Enterprise (SOE) in Indonesia. This study uses 82 firms-year observations from 19 State-Owned Enterprise listed on the Indonesia Stock Exchange (IDX) for the period 2009 to 2018. This study found that KPKU assessment was positively related to firm performance. This shows that KPKU assessment can be a signal that the company has good performance. The study also found that the positive relationship between KPKU assessment and company performance is stronger in companies audited by Big 4 and in big-sized companies. This study is the first research that discusses the relationship between KPKU assessment and firm performance. This study may be useful for practitioners and academics that are interested in the subject of SOE performance assessment. The results suggest to conduct a regular KPKU assessment because it can be useful to provide a positive signal for shareholders and potential investors.

This study was conducted to determine the effect of research and development intensity (RNDI) on firm performance (FP) with green product innovation (GPI) as an intervening variable. Companies which are always innovative with market developments will get two benefits. First, achieving competitive advantage. Second, obtaining economic benefits, therefore it will increase firm performance. This study uses 170 company observations from listed companies in Indonesia Stock Exchange at 2013-2017 as sample of research. The samples were choosen by purposive sampling method and were analized by path analysis method using STATA software. The result shows that RNDI has an effect on FP, RNDI has an effect on GPI, and GPI has an effect on FP. They indicate that GPI can mediate the effect of RNDI on FP in partial.

The prime objective of the current study is to investigate the total sovereign debt on the economic growth of Thailand. Since domestic debt is considered to be an economic growth stimulator particularly during the period of recession, therefore, its instruments are intended to analyze in this research. In a country, the lack of funds may negatively influence economic growth, therefore, most countries like to use external debt to finance its expenditures, such as Thailand. This situation can be improved by focusing on these countries developmental research. In Thailand, the information scarcity regarding domestic debt acts as a policy constraint while designing an effective domestic debt mobilization policy. Thus, the present study predominantly aims to investigate the domestic debt effects on Thailand economic growth. The study has examined the domestic debt effects on the economic growth, during 1998-2018. The variables used in this study are extracted from the previous literature and the theoretical framework used in this study. The key variables analyzed are Treasury bills, Government securities, and Investment issues, not forgetting the loans mainly housing loans fund, market loans of Thailand. The study has used the Johansen and Juselius co-integration approach to examine the long run relationship while ECM approach was used to see the speed of adjustment in the short run. Furthermore, we have conducted the Lagrange Multiplier test to all variables to check the presence of autocorrelation. The results show that there is no autocorrelation in the variables. For the instrument of Government securities, we have found that all the variables which are financial sector, social security institutions, insurance companies, and financial sector show a statistically significant result in long run analysis. On the other hand, short run analysis based on ECM model shows that social security institution, insurance companies, financial sector and foreign holders turn to be significant while public sector show insignificant results. The result for ECM also shows that the model is well adjusted in the short run.

The key purpose of this research is to explore the nexus between crime, socio economic strains and the economic growth of Thailand. The study has used the ARDL technique to achieve the objectives of the study. The finding revealed the fact that the roles of crime have been well emphasized in the literature, especially on how it acts as a stoppage on the progress of the economy in terms of growth. A crime committed in the economy incurs more expenditure and causes the mobility of highly skilled labour which is worse than the formal labour market. Socioeconomic strains have similar dimensions of impacts on crime variables regarding the positive relationship based on the above results. Deterrence variables performed as expected on other crime variables except on person’s crime. Family instability showed a positive impact on property crime. The extent that socioeconomic strain affects crime variables has shown that the strain of frustration, anger and stress in people are exhibited in the social and economic factors that prevail in Thailand. Individuals facing economic hardships brought by socioeconomic factors would innovate alternative means to survive.

The issue of competitive advantage is the actual topic in times of globalization and the global crisis. The existence of a competitive advantage in the territory affects significantly its development and success at the territory market. Research of the competitive advantage due to the nature of the territory as a product requires the multidisciplinary approach. While at the corporate and national level, the issue of competitive advantage is given considerable attention, at the regional level it has been not completely researched yet. The aim of the paper is to process the methodology of use and building competitive advantage at the regional level based on the definition of basic terms in the research area. The basic sources of the research are the secondary research of scientific and professional literary resources, the primary research realised by Delphi method among experts from different countries and a conducted primary research by the method of structured interviews with representatives of regional authorities, which aimed to identify the nature of competitive advantage and methods, how to use it in ensuring sustainable development of the region.