POLICY ENFORCEMENT, ENVIRONMENTAL MANAGEMENT PRACTISES AND SUSTAINABLE BUSINESS IN MALAYSIA
DOI:
https://doi.org/10.33736/ijbs.8251.2025Keywords:
sustainable business, policy enforcement, environmental management practises, environmental policy, sustainabilityAbstract
Sustainable business practises that are favourable to the industry increase societal benefits while mitigating adverse environmental effects. Nevertheless, implementing sustainable business practises might be difficult due to certain challenges within businesses. This study investigated the relationship between environmental management practises and the implementation of policy in order to support sustainable business. The results show that while regulatory enforcement mitigates this association, the company's environmental management practises do not affect its capacity to conduct sustainable business. It implies that companies are forced to comply with all laws and guidelines concerning environmental practises. When businesses adhere to the required environmental practises, they may implement sustainable operations. Thus, this study helps businesses manage their day-to-day operations by balancing economic, social, and environmental issues in corporate development initiatives. Adopting this approach may result in a change in the firm's obligation to adhere to the enforcement of measures to promote long-term economic performance. This study gives insights into the efficacy or limitations of existing policies which can help shape future policy, potentially leading to more robust and adaptable regulations.
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