Considering the need for environmental sustainability while ensuring economic growth and development by 2030, this study uses data on 123 developed and developing countries to examine factors that influence green growth. The empirical results show that economic development positively influences green growth. However, trade openness is detrimental to green growth. Regarding energy-related factors, we find energy consumption negatively affecting green growth, but renewable energy consumption significantly improves green growth. In further analysis, we find that the influence of these factors differs between developed and developing countries. The result implies that countries at a different development level will require different strategies in achieving the Sustainable Development Goals in 2030. The results are robust to alternative identification strategies such as the System Generalised Method of Movement, which accounts for potential endogeneity.

China has strategically engaged with African countries through different routes. However, the growing presence of China in Africa has attracted a lot of praise and criticism. As a leader in smart technology, China may fill the technological gaps in Africa, which improve the environment. Conversely, China may be exploiting natural resources and rapidly deteriorating the environment. Therefore, in this paper, we examine the impact of different routes of the China-Africa relationship on the environment. Using Fully Modified Ordinary Least Square (FMOLS) model on data from 50 African countries, we find that different Chinese activities affect the environment differently. We find a positive relationship between construction revenue and carbon emission, suggesting that China's construction activities negatively affect the environment. Similarly, export increases carbon emission and harms the environment. However, we find a negative relationship between importation from China and carbon emissions, implying a positive environmental footprint by China in Africa. In the case of foreign direct, the results show that foreign direct investment improves the environment, and the relationship is stronger in non-resource countries. Given that most exports from Africa are natural resources, our results imply that African non-resources-rich countries are likely to benefit from China's large investment in cleaner energy in the long-run, especially after the construction of the infrastructures. Our findings highlight the potential environmental risks associated with the different routes of China partnership with African countries.

This paper investigates whether the International Public Sector Accounting Standards (IPSAS) is a potential enabler or constrainer of corruption in developing countries. We employ the System Generalised Method of Moments on a sample of 77 developing countries between 2005 and 2017. We find that IPSAS is negatively and significantly associated with corruption, suggesting that the adoption of IPSAS helps in controlling corruption in developing countries. The results still hold after accounting for IPSAS experience and the adoption of other international accounting standards. However, in further analyses, we find that negative impact of IPSAS on corruption is more pronounced for countries that have fully adopted the accrual‐based IPSAS. This study, therefore, provides evidence to policymakers on why developing countries should adopt IPSAS, especially in the fight against corruption.

This study investigates the impact of country governance mechanisms on carbon emissions performance of private sector organisations, using empirical evidence from 336 top multinational entities (MNEs) over a 15-year period. The results show that, at the aggregate level, Control of Corruption (b = -0.021, p < 0.01) and Voice & Accountability (b = -0.015, p < 0.05) are significantly and negatively associated with carbon emissions rate. While Political Stability (b = 0.007, p < 0.05) and Government Effectiveness (b = 0.018, p < 0.05) have significant positive impact on carbon emissions rate, the impact of Regulatory Quality and Rule of Law is negative but insignificant. Empirical evidence supports the conclusion that the existing institutional environment is not sufficient to deliver the net zero transition. There is a need for more coordination, strategic planning, and delivery monitoring in government institutions to achieve decarbonisation targets. The study contributes to knowledge within the context of the identified research gaps. First, the study adds to the limited literature on the impact of country governance on carbon emissions reduction, particularly with reference to scope 3 emissions. Second, with the sustainable development goals (SDGs) set to expire by 2030, the study provides empirical evidence on efforts governments of countries are making in achieving decarbonisation targets through improvement in country governance quality. Third, the study shows that the impact of the country governance on the carbon emissions performance of MNEs is contextual and varies across jurisdictions/geographical regions. Finally, the paper contributes to the debate on the actualisation of Agenda 2030, because presenting empirical evidence on the impact of country governance mechanisms on carbon emissions reduction-particularly scope 3 emissions-is an important discourse in the realisation of the SDGs.