Mediating Effect of Corporate Sustainability Strategy on Wellbeing and Sustainability of FELDA Settlers

Abstract

The palm oil business is currently at stake due to labour shortages and high input costs, which affects the FELDA settlers to sell palm oil fruits as the millers refuse to purchase them. Consequently, the desire for more sustainable products has led researchers to investigate the issues and challenges faced by FELDA settlers. This research aims to identify the impact of FELDA settlers' social, environmental, and financial wellbeing, with mediating effect of corporate sustainability strategy. The findings postulate that social, environmental, and financial wellbeing were mediated by corporate sustainability strategy, while corporate sustainability strategy's direct relationship with sustainability was accepted. Keywords: FELDA settlers; wellbeing; sustainability; corporate sustainability strategy eISSN: 2398-4287 © 2022. The Authors. Published for AMER ABRA cE-Bs by e-International Publishing House, Ltd., UK. This is an open access article under the CC BYNC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). Peer–review under responsibility of AMER (Association of Malaysian Environment-Behaviour Researchers), ABRA (Association of Behavioural Researchers on Asians/Africans/Arabians) and cE-Bs (Centre for Environment-Behaviour Studies), Faculty of Architecture, Planning & Surveying, Universiti Teknologi MARA, Malaysia. DOI: https://doi.org/10.21834/ebpj.v7i21.3750

Islamic Values, Donation Behaviour and Muslim Financial Behaviour among Malaysians and Indonesians

“…Figures 2 and 3 postulate that the model fit for Malaysia is higher, with an R2 of 0.079, compared to Indonesia with an R2 of 0.033 (Johan et al, 2022). The proposed model suits Malaysia more than Indonesia.…”

Determinants of FELDA Settlers’ Wellbeing and Sustainability: The mediating role of corporate responsibility

“…For the business model's continued viability and sustainability, it is imperative and timely for the leadership and management of FELDA to revisit and formulate its strategic action plan and to be able to realistically carry its corporate role to enhance the industry attractiveness, including providing fairer, rewarding and more competitive employment and remuneration packages to attract the younger generation (Johan & Nasir, 2021;Johan et al, 2022). The hypothesis testing postulated that corporate responsibility (CR) mediates between FELDA settlers' social and financial wellbeing for indirect effects.…”

“…They are still downside risks stemming from the European Union's plan to terminate palm oil-based transport fuels by 2030, acute shortage of plantation foreign workers, volatility of palm oil prices, and the expected lower demand for the commodity within the next 10 years due to alternative resources for renewable energy, and the issues of trust among settlers towards the corporate role of FELDA. Settlers highlighted their disappointment with the lack of initiatives and assistance offered by FELDA to address the rising cost of living and low returns on palm oil and rubbers (Johan et al, 2022). Therefore, the paper aims to explore and identify the factors affecting FELDA settlers' wellbeing towards sustainability and whether the role of corporate responsibility mediates their wellbeing and sustainability.…”