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August 21, 2025Indonesian Journal of Sustainability Accounting and ManagementOpen Access

The Role of the Green Economy in The Correlation to The Circular Economy and Sustainable Business: A Case Study on The MSMEs of The GRI Community

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Authors

HYHelin Garlinia YudawisastraSMSiti MardianaSSSuparjiman Suparjiman

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Overview

This analysis shows how the green economy positively influences sustainable business via the circular economy in MSMEs, suggesting vital insights for practitioners.

Key Points

  • The green economy acts as a moderating variable between the circular economy and sustainable business, enhancing overall sustainability.
  • Findings indicate a positive relationship between the green economy and sustainable practices among MSMEs, according to collected data.
  • Analysis involved factor analysis using SEM-PLS covariance on data from 300 MSMEs within the GRI community.
  • These insights may help stakeholders implement sustainability measures effectively within their business frameworks.

Cite This Study

Yudawisastra et al. (2025) studied this question.

synapsesocial.com/papers/68af76b27567bf4f94fef5d2https://doi.org/10.20448/ijsam.v9i1.7279
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