The success or failure of a company is acquired from a competition, which requires a specific strategy to achieve competitive goals and benefits. One of these strategies is green competitive advantage (GCA) management, initially introduced in 2011, which is highly considered and identified as a management concept. Therefore, this study aims to evaluate a systematic review of GCA management. It emphasizes the analysis of trending literature, geography, and other factors influencing GCA. It also prioritizes the impact obtained when adopting GCA as a framework to support organizational sustainability. This study is the first literature review that presents GCA management. The results show that the application of green innovation and high environmental awareness led to the development of improved performance, a better competitive advantage, and sustainable business. This study highlights significant theoretical and practical contributions. From a theoretical perspective, it allows one to synthesize GCA outcomes to describe better how it affects organizations and the environment. From a practical perspective, it provides concrete implications for policymakers in defining the best mechanism for developing green innovation to achieve competitive advantage and business sustainability. Meanwhile, the actual outputs of this process are emphasized for practitioners, which subsequently enables easier access and increased GCA literacy for practitioners and stakeholders to encourage the selection of organizational GCs (green changes), especially concerning the role of GCA as a promotional and sustainable business framework.

The increase in online credit card transactions in the digital era has caused an increase in credit card cyber incidents. This is happening globally, including in Indonesia. Thus, it will affect a bank’s reputation as well as its financial losses. Therefore, optimal fraud risk management is needed in a banking effort to prevent credit card fraud. In response, this article intended to study credit card fraud prevention by examining the relationship between digital security required for customer data security; fraud brainstorming to identify process weaknesses; and compliance management to manage regulatory compliance. The next step was to test whether the anti-fraud specialist is competent to moderate this relationship. This study used a quantitative approach. This study included 27 Indonesian card issuers. Primary sources were used to collect data for this study. The primary data were analyzed using a structural equation model (SEM). The results of the study show that digital security, fraud brainstorming, and compliance management were positively and significantly related to the prevention of credit card fraud, at a significance level of 5%, the t-statistic has a numerical value of 6.161, 5.079, and 5.98 each. Furthermore, testing the moderating effect obtained t-statistic values of 7.330, 4.161, and 7.694. Competency results obtained with positive and significant influence moderate the relationship between these factors and credit card fraud prevention. These findings have policy implications for banking and government objectives in fighting credit card fraud through implementing prevention strategies. AcknowledgmentsThis research was conducted as part of the process of study completion at the Padjadjaran University, Bandung, Indonesia. We would like to express our sincere gratitude to the respondents who participated in this research.

Financial statement fraud (FSF) is a significant contributor to losses and has persisted for several years (Association of Certified Fraud Examiners [ACFE], 2022). Previous studies concluded that corporate governance (CG) can significantly reduce FSF (Mangala & Kumari, 2015; Rostami & Rezaei, 2022; Velte, 2023). However, while the literature study acknowledges that CG plays an important role in fraud prevention and emphasizes the importance of effective board composition, effective audit committees, independent commissioners, gender diversity, ownership structure, and engagement with Big 4 accounting firms to the occurrence of FSF, the empirical evidence in Indonesia suggests inconsistent results. This research investigates the role of CG in preventing FSF in Indonesia. The study tested a sample of 72 companies sanctioned by the Financial Services Authority (Otoritas Jasa Keuangan, OJK), Republic of Indonesia, in 2019–2021 and another 72 control sample companies from similar sectors and equivalent market capitalization. A total of 144 data units are analyzed using panel data regression and independent t-test. The study results show that the frequency of audit committee meetings and institutional ownership positively affect the indication of FSF. The study result also shows significant mean differences in the frequency of audit committee meetings and institutional ownership between companies indicated and not indicated to commit FSF. Besides enriching the global discourse on best CG practices, this study provides actionable recommendations for enhancing the integrity and transparency of financial reporting.

LLC “CPC “Business Perspectives” - publishing platform for academic journals

A public-private partnerships (PPPs) are a collaborative project integrating the resources and expertise of the public and private sectors to fund public infrastructure. Third parties are key to PPPs because they enable the collaborative process. This study aimed to examine relevant collaborative governance elements contributing to implementing PPPs in boosting infrastructure development. It contributes to the body of knowledge by addressing these questions through a structured literature review. The results indicated that collaborative governance constitutes elements that existed before the PPP. The convergence of shared principles, a governance structure, and a collaborative process create a conducive environment for cooperation. This study emphasized the significance of combining contractual, procedural, and relational components. This would reduce the uncertainties resulting from the coexistence of multiple players from different contexts. Also, the combination would ensure the flexibility necessary to foster a collaborative atmosphere. New coordination mechanisms have emerged with the influence of contemporary technology and the creation of complicated forms of labor. These mechanisms include informal groups, electronic communication, teams, and the integration of managerial positions in PPPs units. Additionally, this study could assist the public and private sector managers who want to learn more about the topic, specifically regarding their business operations.

In the last few years in Indonesia, many investment applications have emerged where these applications make it easy for investors to be able to invest. The emergence of investment applications also raises many problems such as fraud under the guise of investment and people in Indonesia, especially young people who are easily tempted by investment offers that provide high returns so that they often carry out investment activities but are irrational and tend not to look at financial conditions in making investments. The purpose of this study is to see how the internal and external factors of an investor, especially the millennial generation, in making investment decisions, namely the factors of Herding Behavior, Loss Aversion Bias and Financial Literacy. This research method uses descriptive and verification methods with a sample size of 400 respondents and data analysis techniques using Multiple Logistic Regression Analysis. The results showed that the the Herding Behaviour variable has a positive effect on Investment Decisions of the Millennial Generation in Indonesia in the Digital Age, Loss Aversion Bias has a negative effect on Investment Decisions of the Millennial Generation in Indonesia in the Digital Age, while the Financial Literacy variable has no effect on Investment Decisions of the Millennial Generation in Indonesia in the Digital Age.