Indonesia has ratified United Nations Convention on the Law of the Sea 1982 (UNCLOS 1982) through Law No. 17 of 1985 concerning the ratification of the 1982 Law of the Sea Convention, thus binding Indonesia to the rights and obligations to implement the provisions of the 1982 convention, including the establishment of the three Northern-Southern Indonesia’s Archipelagic Sea Lane (ALKI). The existence of the three ALKI routes, including ALKI II, has led to various potential threats. These violations not only cause material losses but, if left unchecked and unresolved, can also affect maritime security stability, both nationally and regionally. The maritime security and resilience challenges in ALKI II have increased with the relocation of the capital, which has become the center of gravity, to East Kalimantan. The research in this article aims to identify and analyze the factors influencing the success of maritime security and resilience strategies in ALKI II. The factors used in this research include conceptual components, physical components, moral components, command and control center capabilities, operational effectiveness, command and control effectiveness, and the moderating variables of resource multiplier management and risk management to achieve maritime security and resilience. This study employed a mixed-method research approach. The factors are modeled using Structural Equation Modeling (SEM) with WarpPLS 8.0 software. Qualitative data analysis used the Soft System Methodology (SSM). The results of the study indicate that the aforementioned factors significantly influence the success of achieving maritime security and resilience in ALKI II.
The digital era has brought immense attention to the tourism industry through the pervasive influence of social media. Social media content profoundly shapes travel aspirations among the Chinese Generation Z, mainly through short videos. This study aims to unravel the intricate dynamics between short videos and Gen Z’s travel preferences, shedding light on their motivations, environmental consciousness, and adoption of sustainable tourism practices. Three regression models were applied in this study to shed light on this correlation. The initial model examines factors influencing the general travel intentions of Chinese Gen Z. The subsequent model delves into determinants affecting the adoption of responsible tourism practices among Gen Z. Then, the last model identifies factors contributing to tourism-related environmental awareness among this population. Through empirical analysis conducted via a structured questionnaire administered to 506 Chinese Gen Z individuals, this study’s findings confirm that well-crafted short videos significantly impact the travel intentions of Chinese youth, thereby fostering responsible tourism practices and increasing environmental consciousness. This highlights the pivotal role of argumentation quality and source credibility in shaping Gen Z’s travel intentions, underscoring the importance of credibility in promoting responsible tourism practices and environmental awareness. Furthermore, this study analysis reveals that females exhibit greater susceptibility to the influence of short video content on travel decisions than males. In conclusion, this study emphasizes the critical role of integrating short video content into marketing strategies within the tourism sector, particularly in the Gen Z demographic.
This study uses the annual financial data of Chinese A-share listed firms from 2010 to 2020 to investigate the relationship between multiple large shareholders (MLS) and earnings management (EM). After analyzing the samples using the Ordinary Least Squares (OLS) model and endogenous switching regression (ESR) model, the empirical results show that the presence of MLS can increase corporate EM activities and the MLS have a significantly positive effect on EM in both the treatment and control groups. In addition, this conclusion still holds after conducting multiple robustness tests. The cross-section analysis shows that the external audit supervision quality, institutional shareholders, and the uncertainty of the external economic environment have significant impacts on the baseline model results. Lastly, mediation effect analysis shows that the presence of MLS increases the corporate operating risk through EM activities. The conclusions of this paper are critical for policymakers to supervise China’s capital market, improve the level of corporate governance of China’s listed firms, and further promote reform of ownership structure.
This study analyses the long-run relationship between, and the direction and magnitude of impact of sectoral economic growth and fiscal capacity on government health expenditure. The study was carried out to validates the Wagner hypothesis from sectoral perspective and revenue-expenditure hypothesis for South Africa for the period 1984–2020. Fully modified least squares and dynamic least squares and canonical cointegration regression were used to achieve the objectives of the study. Empirical regression results showed that there is a negative impact of the secondary sector GDP on public health expenditure. Thus, invalidating the Wagner hypothesis and suggesting that secondary sector GDP cannot serves as an answer for public health expenditure. However, there was a positive relationship between tertiary sector GDP and public health expenditure. The study make case for unceasing provision of an enabling environment that continuously support growth of the tertiary sector.
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