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In resolution A/RES/74/4, the U.N. Nations General Assembly adopted the Decade of Action to accelerate the achievement of the SDGs by 2030. The Decade of Action calls to improve actual efforts to accomplish the 2030 agenda for governments, civil society, the private sector, and other stakeholders. This call is the last opportunity we have to reach SDG9. Still, unfortunately, the COVID-19 pandemic has severely affected all industrial sectors, which is unlikely to achieve inclusive and sustainable industrialisation by 2030. This chapter illustrates the adverse effects that the construction, manufacturing, and hospitality industries have suffered since the beginning of the COVID-19 pandemic and how they gradually have returned to the new normal. It also shows the case of the industry that could be considered the ‘champion in the covid era’, the high-tech industry. Predominantly in covid times, high-tech firms have been a synonym for technological innovation, which is an absolute necessity to encourage competitiveness in all industrial sectors, mainly in essential activities. Finally, the chapter is closed with an invitation to reflect on the fundamental principle of SDG9, which is sustainable industrialisation, but above all, inclusivity. SDG9 cannot be considered achieved until its benefits are transferred to the countries in the global south.

This chapter offers a preliminary investigation into the impact of the COVID-19 pandemic on consumer purchasing behaviour within the grocery retail industry and supports evidence that since the pandemic began at the end of 2019, there have been changes in the demands and behaviours of consumers (Donthu & Gustafsson, 2020). Previous research has reported that the pandemic resulted in retail consumers spending less and saving more (Jorda, Singh, & Taylor, 2020), as well as panic buying (Nazir, 2021), both of which initially contributed to the limited availability of goods. This preliminary study reports upon survey data collected from retail consumers and answers the question ‘What were the changes in consumer behaviour in the grocery sector as a result of the COVID-19 pandemic?’ Findings reveal that an increase in online shopping occurred more distinctly during the first of the UK’s lockdowns, which waned over time. Findings also reveal a lower shopping frequency, but higher shopping spends during lockdown, and that social distancing and discipline were key drivers of this behaviour change. Findings also reveal an intention to maintain a combination of new and old shopping behaviours and habits after lockdown, giving rise to the continuing importance of meeting consumers’ grocery needs online as well as in-store. This chapter further discusses the implications arising from the reported findings.

This chapter examines China’s corporate governance and accounting environment that shapes the adoption of internationally acceptable principles and standards. Specifically, it examines international influences, including supranational organizations; foreign investors and international accounting firms; domestic institutional influences, including the political system, economic system, legal system, and cultural system; and accounting infrastructure. China’s convergence is driven by desired efficiency of the corporate sector and legitimacy of participating in the global market. Influenced heavily by international forces in the context of globalization, corporate governance and accounting practices are increasingly becoming in line with internationally acceptable standards and codes. While convergence assists China in obtaining legitimacy, improving efficiency is likely to be adversely affected given that corporate governance and accounting in China operate in an environment that differs considerably from those of Anglo-American countries. An examination of the corporate governance and accounting environment in China suggests heavy government involvement within underdeveloped institutions. While the Chinese government has made impressive progress in developing the corporate governance and accounting environment for the market economy, China’s unique institutional setting is likely to affect how the imported concepts are interpreted and implemented.

This chapter proposes semiparametric estimation of the relationship between growth rate of GDP per capita, growth rates of physical and human capital, labor as well as other covariates and common trends for a panel of 23 OECD countries observed over the period 1971–2015. The observed differentiated behaviors by country reveal strong heterogeneity. This is the motivation behind using a mixed fixed- and random coefficients model to estimate this relationship. In particular, this chapter uses a semiparametric specification with random intercepts and slopes coefficients. Motivated by Lee and Wand (2016), the authors estimate a mean field variational Bayes semiparametric model with random coefficients for this panel of countries. Results reveal nonparametric specifications for the common trends. The use of this flexible methodology may enrich the empirical growth literature underlining a large diversity of responses across variables and countries.

The increasing threat of global warming and climate change has been a major worldwide concern for more than two decades. As the achievement of sustainable economic growth has gradually become a major global concern both policy makers and researchers have given considerable attention over the years on the link among energy consumption, emissions and economic growth. In this study, following a solovian growth structure, the authors assume that the aggregate output depends on the stock of physical as well as human capital and energy or power. Depending on the sources, the energy can be categorised into cleaner input generated from renewable sources and a dirty input extracted from non-renewable resources having by-products like pollution. This study finds that less-developed countries (LDCs) failing to afford sufficient access to clean energy which in turn has deleterious impact on the human capital which cascades into low level of production, low saving and low per capita output forming a vicious loop. On the other side, the developed nations are better poised with access to clean energy and this is what is reflected in having larger reserve of human capital yielding higher production, higher income, higher saving and higher per capita capital stock in a circular process. This hence posits a clinching picturing divergence in per capital output and income between developed and less-developed nation mediated through degree of access to clean energy and thereof, the capacity to control emission. The convergence situation between the developed and the less-developed nations shows that each ends up with the relative energy mix below the threshold and it is not desirous for the world as a whole. In case of per capita emission, the divergence situation with the global level of emission is bit ambiguous.

The study endeavours to bring out a critical synthesis of the effect of quality of financial reporting in the BRICS (Brazil, Russia, India, China, and South Africa) countries pertaining to the International Financial Reporting Standards (IFRS) adoption. BRICS is the group composed by the five major emerging countries, which together represent about 42% of the population, 23% of gross domestic product (GDP), 30% of the territory, and 18% of the global trade. The study synthesised 57 quantitative, qualitative, and theoretical studies between the period 2005 and 2020. The findings reflect that the BRICS countries are far way behind with the qualitative and quantitative outcomes on IFRS adoption, which may be on a voluntary basis or mandatory basis. However, there are mixed revelation based on the implications of the domestic convergence of standards with IFRS, which demonstrate that 15 papers’ results revealed a negative impact.

Drawing on the social cognitive theory, this study investigated the effect of mentors' drinking norms on their protégés' alcohol misuse by focusing on the mediating role of conformity drinking motives and the moderating role of moral disengagement. We conducted a three-wave survey of 148 mentor–protégé dyads and found that mentors' drinking norms were positively related to their protégés' alcohol misuse and that this relationship was fully mediated by conformity drinking motives. Moreover, the moderated mediation model revealed that moral engagement strengthens the main effects of mentors' drinking norms on conformity drinking motives and the indirect effects of mentors' drinking norms on protégés' alcohol misuse via enhanced conformity drinking motives. The theoretical and practical implications are discussed.