Abbruzzo, A., Brida, J. G., & Scuderi, R. (2014). Determinants of individual tourist

expenditure as a network: Empirical findings from Uruguay. Tourism Management,  43(0),  36-45.  

doi:  http://dx.doi.org/10.1016/j.tourman.

2014.01.014

 

Adams, C., Seroa da Motta, R., Ortiz, R. A., Reid, J., Ebersbach Aznar, C., & de Almeida 

Sinisgalli, P. A. (2008). The use of contingent valuation for evaluating protected areas in the 

developing world: Economic valuation of Morro do Diabo State Park, Atlantic Rainforest, São Paulo 

State (Brazil). Ecological Economics, 66(2-3), 359-370.

 

Agamuthu, P., & Nagendran, P. (2011). Waste management challenges in sustainable development  of  

islands.  Retrieved  from  http://www.iswa.org  website: 

http://www.iswa.org/uploads/tx_iswaknowledgebase/Pariatamby.pdf

 

Aguilo, E., Rossello, J., & Vila, M. (2017). Length of stay and daily tourist expenditure: A joint 

analysis. Tourism Management Perspectives, 21, 10-17.

 

Ahlheim, M. (1998). Contingent valuation and the budget constraint. Ecological Economics, 27(2), 

205-211.

 

Ahmed, M., Umali, G. M., Chong, C. K., Rull, M. F., & Garcia, M. C. (2007). Valuing recreational 

and conservation benefits of coral reefs—The case of Bolinao, Philippines. Ocean & Coastal 

Management, 50, 103 - 118.

 

Ahn, Y.-j., Lee, B. C., & Lee, S. K. (2019). Analysis of Korean millennials’ travel expenditure 

patterns: an almost ideal demand system approach. Asia Pacific Journal of Tourism Research, 1-12.

AICPA. (2016). A Timeline Celebrating 125 years of the AICPA and the Accounting Profession  (1887  

-  2012).    Retrieved  24th  January  2016,  from http://apps.aicpa.org/anniversary/

 

Akadiri, S. S., Lasisi, T. T., Uzuner, G., & Akadiri, A. C. (2020). Examining the causal impacts of 

tourism, globalization, economic growth and carbon emissions in tourism island territories: 

bootstrap panel Granger causality analysis. Current Issues in Tourism, 23(4), 470-484.

 

Alexander, Z. (2012). The impact of a volunteer tourism experience, in South Africa, on the 

tourist: The influence of age, gender, project type and length of stay. Tourism   Management   

Perspectives,   4(0),   119-126.   doi: http://dx.doi.org/10.1016/j.tmp.2012.07.002

 

Al-Khatar, K., & Naser, K. (2003). User's perceptions of corporate social responsibility and 

accountability: Evidence from an emerging economy. Managerial Auditing Journal, 18(6/7), 538.

 

Allnutt, T. F., Asner, G. P., Golden, C. D., & Powell, G. V. (2013). Mapping recent deforestation 

and forest disturbance in northeastern Madagascar. Tropical Conservation Science, 6(1), 1-15.

 

Altman, D. G., & Bland, J. M. (1995). Statistics notes: the normal distribution. Bmj,

310(6975), 298.

 

Amigues, J.-P., Boulatoff, C., Desaigues, B., Gauthier, C., & Keith, J. E. (2002). The benefits and 

costs of riparian analysis habitat preservation: a willingness to accept/willingness  to  pay  

contingent  valuation  approach.  Ecological Economics, 43(1), 17-31.

 

Amir, S., Osman, M. M., Bachok, S., & Ibrahim, M. (2015). Understanding domestic and international 

tourists’ expenditure pattern in Melaka, Malaysia: Result of CHAID analysis. Procedia-Social and 

Behavioral Sciences, 172, 390-397.

 

Amir, S., Osman, M. M., Bachok, S., & Ibrahim, M. (2016). Local Economic Benefit in Shopping and 

Transportation: A study on tourists’ expenditure in Melaka, Malaysia. Procedia-Social and 

Behavioral Sciences, 222, 374-381.

 

Amirnejad, H., Khalilian, S., Assareh, M. H., & Ahmadian, M. (2006). Estimating the existence value 

of north forests of Iran by using a contingent valuation method. Ecological Economics, 58(4), 

665-675.

 

Andrade, D. C., & Garcia, J. R. (2015). Estimating the genuine progress indicator (GPI) for Brazil 

from 1970 to 2010. Ecological Economics, 118, 49-56.

 

Anielski, M. (2001). Measuring the Sustainability of Nations: The Genuine Progressive Indicator 

System of Sustainable Wellbeing Accounts. Paper presented at the The Fourth Biennial Conference of 

the Canadian Society for Ecological Economics: Ecological Sustainability of the Global Market 

Place, Montreal, Quebec.

 

Anielski, M. (2013). The economics of happiness: Building genuine wealth: New Society Publishers.

 

Armiento, M. (2018). The Sustainable Welfare Index: Towards a Threshold Effect for Italy. 

Ecological Economics, 152, 296-309.

 

Atkinson, G. and C. Obst (2017). Prices for ecosystem accounting, Wealth Accounting and Valuation 

of Ecosystem Services (WAVES). Date Accessed 1ˢᵗ February 2019  

fromhttp://documents.worldbank.org/curated/en/169701580130876431/ 

pdf/Prices-for-Ecosystem-Accounting.pdf

 

Axtell, J., Smith, L. M., & Tervo, W. (2017). The advent of accounting in business governance: from 

ancient scribes to modern practitioners. International Journal of Business Governance and Ethics, 

12(1), 21-46.

 

Ayres, R. U. (1998). The price-value paradox. Ecological Economics, 25(1), 17-19. Azad, R., Azad, 

R., Azad, K., & Akbari, F. (2016). The Effect of Cost Accounting

System Inventory on Increasing the Profitability of Products. Journal of Industrial and Intelligent 

Information Vol, 4(1).

 

Azam, N., Rashid, B., & Zainol, N. A. (2017). Conceptualizing the Influence of Environmental 

Knowledge on Perceived Visit Value to Green Resort in Malaysia. J. Tour, 2, 1-17.

 

Baabou, W., Grunewald, N., Ouellet-Plamondon, C., Gressot, M., & Galli, A. (2017). The Ecological 

Footprint of Mediterranean cities: Awareness creation and policy implications. Environmental 

Science & Policy, 69, 94-104.

 

Baade, R. A., & Matheson, V. A. (2016). Going for the Gold: The economics of the Olympics. Journal 

of Economic Perspectives, 30(2), 201-218.

 

Bagstad, K. J., Berik, G., & Gaddis, E. J. B. (2014). Methodological developments in US state-level 

genuine progress indicators: toward GPI 2.0. Ecological Indicators, 45, 474-485.

 

Bake, H., & Sharma, R. (2019). Estimating Visitors' Willingness to Pay for Lake Conservation: A 

Contingent Valuation Study of Pashan Lake, Pune, India Environmental Impacts of Tourism in 

Developing Nations (pp. 234-251): IGI Global.

 

Bakri, N. M., Jaafar, M., & Mohamad, D. (2014). Perceptions of Local Communities on the Economic 

Impacts of Tourism Development in Langkawi, Malaysia. Paper presented at the SHS Web of 

Conferences.

 

Ballad, E. L., Shinbo, T., & Morooka, Y. (2018). Evaluation of the Villagers' Willingness to Work 

or Pay for the Promotion of Community-based Marine Protected Areas in Cagayan Province, 

Philippines. Japanese Journal of Agricultural Economics, 20, 61-66.

 

Balzan, M. V., Potschin-Young, M., & Haines-Young, R. (2018). Island ecosystem services: insights 

from a literature review on case-study island ecosystem services and future prospects. 

International Journal of Biodiversity Science, Ecosystem Services & Management, 14(1), 71-90.

 

Bandara, R., & Tisdell, C. (2004). The net benefit of saving the Asian elephant: a policy and 

contingent valuation study. Ecological Economics, 48(1), 93-107.

 

Bank Negara Malaysia. (2019). Exchange Rates. Retrieved 1st February, 2019, from 

http://www.bnm.gov.my/index.php?ch=statistic&pg=stats_exchangerates&lan 

g=en&StartMth=1&StartYr=2012&EndMth=12&EndYr=2012&sess_time=12 00&pricetype=Mid&unit=rm

 

Baral, N., Stern, M. J., & Bhattarai, R. (2008). Contingent valuation of ecotourism in Annapurna 

conservation area, Nepal: Implications for sustainable park finance and local development. 

Ecological Economics, 66(2-3), 218-227.

 

Barrett, G. W., & Odum, E. P. (2000). The Twenty-First Century: The World at Carrying Capacity. 

BioScience, 50(4), 363.

 

Barrett, J., Peters, G., Wiedmann, T., Scott, K., Lenzen, M., Roelich, K., & Le Quéré,

C. (2013). Consumption-based GHG emission accounting: a UK case study.

Climate Policy, 13(4), 451-470. doi: 10.1073/pnas.0906974107.

 

Bartelmus, P. (1989). Environmental Accounting and the System of national Accounts. In Y. J. Ahmad, 

S. El-Serafy & E. Lutz (Eds.), Environmental Accounting for Sustainable Development: selected 

papers from joint UNEP/World Bank workshops. Washington DC: The World Bank.

 

Bartelmus, P. (2007). SEEA-2003: Accounting for sustainable development?

Ecological Economics, 61(4), 613-616.

 

Bartelmus, P. (2009). The cost of natural capital consumption: Accounting for a sustainable world 

economy. Ecological Economics, 68(6), 1850-1857.

 

Bartelmus, P. (2014). Environmental–economic accounting: progress and digression in the SEEA 

revisions. Review of Income and Wealth, 60(4), 887-904.

 

Baskara, K. A., Hendarto, R. M., & Susilowati, I. (2017). Economic's valuation of marine protected 

area (MPA) of Karimunjawa, Jepara-Indonesia. Aquaculture, Aquarium, Conservation & Legislation, 

10(6), 1554-1568.

 

Bator, F. M. (1958). The anatomy of market failure. The quarterly journal of economics, 72(3), 

351-379.

 

BBC News. (2015). What Caused South East Asia's Haze?  Retrieved 16 February 2016, from 

http://www.bbc.com/news/world-asia-34265922

 

Beal, D. J. (1995). A Travel Costs Analysis of the value of Carnavon Gorge National Park for 

Recreational Use. Review of Marketing and Agricultural Economics, 63(2), 292-303.

 

Beardsley, W. (1971). Bias and noncomparability in recreation evaluation models. Land Economics, 

47(2), 175-180.

 

Beaumont, N. J., Aanesen, M., Austen, M. C., Börger, T., Clark, J. R., Cole, M., . . . Wyles, K. J. 

(2019). Global ecological, social and economic impacts of marine plastic. Marine Pollution 

Bulletin, 142, 189-195.

 

Bebbington, J., Gray, R., Hibbitt, C., & Kirk, E. (2001). Full cost accounting: An Agenda for 

Action. London: Association of Chartered Certified Accountants.

 

Bebbington, J., Gray, R., Thomson, I., & Walters, D. (1994). Accountants' attitudes and 

environmentally-sensitive accounting. Accounting and Business Research, 24(94), 109.

 

Beça, P., & Santos, R. (2010). Measuring sustainable welfare: A new approach to the ISEW. 

Ecological Economics, 69(4), 810-819.

 

Belal, A. R. (2016). Corporate social responsibility reporting in developing countries: The case of 

Bangladesh: Routledge.

 

Belkaoui, A. (1976). The Impact of the Disclosure of the Environmental Effects of Organizational 

Behavior on the Market. Financial Management (pre-1986), 5(4), 26.

 

Belkaoui, A., & Cousineau, A. (1977). Accounting Information, Nonaccounting Information, and Common 

Stock Perception. The Journal of Business, 50(3), 334.

 

Berck, P., Levy, A., & Chowdhury, K. (2012). An analysis of the world's environment and population 

dynamics with varying carrying capacity, concerns and skepticism.   Ecological   Economics,   

73(0),   103-112.   doi: http://dx.doi.org/10.1016/j.ecolecon.2011.09.019

 

Berta, N. (2017). On the definition of externality as a missing market. The European Journal of the 

History of Economic Thought, 24(2), 287-318.

 

Bhuiyan, M. A., Zaman, K., Shoukry, A. M., Gani, S., Sharkawy, M. A., Sasmoko, . . . Hishan, S. S. 

(2018). Energy, tourism, finance, and resource depletion: panel data analysis. Energy Sources, Part 

B: Economics, Planning, and Policy, 13(11- 12), 463-474.

 

Bicknell, K. B., Ball, R. J., Cullen, R., & Bigsby, H. R. (1998). New methodology for the 

ecological footprint with an application to the New Zealand economy.

 

Ecological Economics, 27(2), 149-160. doi: http://dx.doi.org/10.1016/S0921-

8009(97)00136-5

 

Blades, D. W. (1989). Measuring Pollution within the Framework of the National Accounts. In Y. J. 

Ahmad, S. El-Serafy & E. Lutz (Eds.), Environmental Accounting  for  Sustainable  Development:  

selected  papers  from  joint UNEP/World Bank workshops. Washington DC: The World Bank.

 

Blamey, R. (1998). Contingent valuation and the activation of environmental norms.

Ecological Economics, 24(1), 47-72.

 

Bleys, B. (2008). Proposed changes to the Index of Sustainable Economic Welfare: An application to 

Belgium. Ecological Economics, 64(4), 741-751.

 

Bleys, B. (2013). The regional index of sustainable economic welfare for Flanders, Belgium. 

Sustainability, 5(2), 496-523.

 

Blum, W. E. (2005). Functions of soil for society and the environment. Reviews in Environmental 

Science and Bio/Technology, 4(3), 75-79.

 

Bockstael, N. E., Strand, I. E., & Hanemann, W. M. (1987). Time and the Recreational Demand Model. 

American Journal of Agricultural Economics, 69(2), 293.

 

Boori, M. S., Voženílek, V., & Choudhary, K. (2015). Land use/cover disturbance due to tourism in 

Jeseníky Mountain, Czech Republic: A remote sensing and GIS based approach. The Egyptian Journal of 

Remote Sensing and Space Science, 18(1), 17-26.

 

Borges, M., & Marujo, N. (2016). Expenditure pattern analysis of cultural tourists at World 

Heritage Sites: empirical evidence based on CHAID analysis.

 

Boyd, J. (2007). Nonmarket benefits of nature: What should be counted in green GDP?

Ecological Economics, 61(4), 716-723.

 

Boztug, Y., Babakhani, N., Laesser, C., & Dolnicar, S. (2015). The hybrid tourist.

Annals of Tourism Research, 54, 190-203.

 

Brandano, M. G. (2015). Evaluating tourism externalities in destinations: the case of Italy.

Brennecke, P., Anders, S., Kim, J. K., Kołodziejczyk, A. A., Zhang, X., Proserpio, V.,

. . . Marioni, J. C. (2013). Accounting for technical noise in single-cell RNA- seq experiments. 

Nature methods, 10(11), 1093-1095.

 

Brock, W. A., & Taylor, M. S. (2005). Economic growth and the environment: a review of theory and 

empirics Handbook of economic growth (Vol. 1, pp. 1749-1821): Elsevier.

 

Brooks, J. (2013). Avoiding the limits to growth: Gross National Happiness in Bhutan as a model for 

sustainable development. Sustainability, 5(9), 3640-3664.

 

Brown, D., Dillard, J., & Marshall, R. S. (2006). Triple Bottom Line: a Business Metaphor for a 

Social Construct. In D. Urbano (Ed.), Documents de treball d'economia de l'empresa. Spain: 

Departament d'Economia de l'Empresa, Universitat Autònoma de Barcelona.

 

Brown, K., Turner, R. K., Hameed, H., & Bateman, I. (1997). Environmental carrying capacity and 

tourism development in the Maldives and Nepal. Environmental Conservation, 24(4), 316-325.

 

Budd, C. H. (2016). In the Shoes of Luca Pacioli—Double Entry Bookkeeping and Financial Literacy 

International Handbook of Financial Literacy (pp. 621-637): Springer.

 

Buning, R. J., Cole, Z. D., & McNamee, J. B. (2016). Visitor expenditure within a mountain bike 

event portfolio: Determinants, outcomes, and variations. Journal of Sport & Tourism, 20(2), 

103-122.

 

Burke, L., & Maidens, J. (2004). Economic Valuation Methodology. World Resources Institute.

 

Burke, L., Reytar, K., Spalding, M., & Perry, A. (Eds.). (2011). Reefs at risk revisited.

Washington DC: World Resources Institute.

 

Burke, L., Selig, E., & Spalding, M. (Eds.). (2006). Reefs at risk in Southeast Asia. USA: World 

Resources Institute (WRI) in collaboration with United Nations Environment Programme-World 

Conservation Monitoring Centre, World Fish Center and International Coral Reef Action Network.

 

Butler, R. W. (1996). The concept of carrying capacity for tourism destinations: Dead or merely 

buried? Progress in Tourism and Hospitality Research, 2(3-4), 283-

293. doi: 10.1002/pth.6070020309

 

Buzinde, C. N., Kalavar, J. M., & Melubo, K. (2014). Tourism and community well- being: The case of 

the Maasai in Tanzania. Annals of Tourism Research, 44, 20- 35.

 

Canestrelli, E., & Costa, P. (1991). Tourist carrying capacity: A fuzzy approach. Annals of Tourism 

Research, 18(2), 295-311. doi: http://dx.doi.org/10.1016/0160- 7383(91)90010-9

 

Cannon, H. M., Williams, D. L., & Yoon, S.-J. (2010). Integrating marketing databases through 

regressed microsegmentation. Journal of Business Research, 63(4), 424-430. doi: 

http://dx.doi.org/10.1016/j.jbusres.2007.07.034

 

Cao, L., Naylor, R., Henriksson, P., Leadbitter, D., Metian, M., Troell, M., & Zhang,

W. (2015). China's aquaculture and the world's wild fisheries. Science, 347(6218), 133-135.

 

Carpenter, R. A., & Dixon, J. A. (1985). Ecology meets Economics: A Guide to Sustainable 

Development. Environment, 27(6), 6.

 

Case, K. E., Fair, R. C., & Oster, S. M. (2012). Principles of Microeconomics: Prentice Hall.

Castañeda, B. E. (1999). An index of sustainable economic welfare (ISEW) for Chile.

Ecological Economics, 28(2), 231-244.

 

Castellani, V., Sala, A., & Pitea, D. (2007). A New Method fo Tourism Carrying Capacity. 

Transaction on Ecology and the Environment, 106, 365-374.

 

Cavanagh, J.-A. E., Frame, B., & Lennox, J. (2006). The Sustainability Assessment Model:  Measuring 

 Sustainable  Development  Performance.  Australasian Journal of Environmental Management, 13, 

142-145.

 

Caviglia-Harris, J. L., Chambers, D., & Kahn, J. R. (2009). Taking the "U" out of Kuznets: A 

comprehensive analysis of the EKC and environmental degradation. Ecological Economics, 68(4), 

1149-1159.

 

Cazcarro, I., Hoekstra, A. Y., & Sánchez Chóliz, J. (2014). The water footprint of tourism  in  

Spain.  Tourism  Management,  40(0),  90-101.  doi: http://dx.doi.org/10.1016/j.tourman.2013.05.010

 

Cerutti, A. K., Bagliani, M., Beccaro, G. L., & Bounous, G. (2010). Application of Ecological 

Footprint Analysis on nectarine production: methodological issues and results from a case study in 

Italy. Journal of Cleaner Production, 18(8), 771-776.

 

Chambers, R. L. (2014). An accounting thesaurus: 500 years of accounting: Elsevier.

 

Chan, C. C. C., & Milne, M. J. (1999). Investor reactions to corporate environmental saints and 

sinners: an experimental analysis. Accounting and Business Research, 29(4), pp 265-279.

 

Changyong, F., Hongyue, W., Naiji, L., Tian, C., Hua, H., & Ying, L. (2014). Log- transformation 

and its implications for data analysis. Shanghai archives of psychiatry, 26(2), 105.

 

Chen, C.-M., & Chang, K.-L. (2012). The influence of travel agents on travel expenditures.  Annals  

of  Tourism  Research,  39(2),  1258-1263.  doi: http://dx.doi.org/10.1016/j.annals.2012.01.005

 

Chen, H.-S. (2017). Evaluation and analysis of eco-security in environmentally sensitive areas 

using an emergy ecological footprint. International journal of environmental research and public 

health, 14(2), 136.

 

Cheney, G. (2004). The corporate conscience and the triple bottom line. Accounting Today, 18(12), 

12-14.

 

Cheshire, P. C., & Stabler, M. J. (1976). Joint consumption benefits in recreational site 

'surplus'; an empirical estimate Regional Studies, 10(3), 343-351.

 

Chia, C. H., Lai, M. Z., Lau, H. Y., Liong, S. H., & Samantha, S. (2018). A study on green 

restaurant patronage intention in Malaysia: an integrated model approach. UTAR.

 

Chia, K.-W., Ramachandran, S., Ho, J.-A., & Ng, S. S.-I. (2018). Conflicts To Consensus: 

Stakeholder Perspectives Of Tioman Island Tourism Sustainability. International Journal of Business 

& Society, 19.

 

Chiang, A. C., & Wainwright, K. (2005). Fundamental Methods of Matamethical Economics Interntional 

Edition (4rd ed.). Singapore: MacGraw-Hill.

 

Chiu, L. K., Ramli, K. I., Yusof, N. S., & Ting, C. S. (2015). Examining Young Malaysians Travel 

Behaviour and Expenditure Patterns in Domestic Tourism. Asian Social Science, 11(9), 77-88.

 

Christie, M., Hanley, N., Warren, J., Murphy, K., Wright, R., & Hyde, T. (2006).

Valuing the diversity of biodiversity. Ecological Economics, 58(2), 304-317.

 

Clarke, M., & Islam, S. M. N. (2005). Diminishing and negative welfare returns of economic growth: 

an index of sustainable economic welfare (ISEW) for Thailand. Ecological Economics, 54(1), 81-93.

 

 

Clausen,  A.  (1982).  Sustainable  development:  The  global  imperative.  The Environmentalist, 

2(1), 23-28.

 

Clough, P. J., & Meister, A. D. (1991). Allowing for Multiple-site Visitors in Travel Cost 

Analysis. Journal of Environmental Management, 32, 115-125.

 

Coccossis, H. (2004). Sustainable Tourism and Carrying Capacity: A New Context. In

H. Coccossis & A. Mexa (Eds.), The Challenge of Tourism Carrying Capaicty Assessment: Theory and 

Practice (pp. 1-15). Surrey, England: Ashgate.

 

Coccossis, H., & Mexa, A. (2004). Tourism carrying Capacity: Methodological Considerations. In H. 

Coccossis & A. Mexa (Eds.), The Challenge of Tourism Carrying Capacity Assessment: Theory and 

Practice (pp. 55-90). Surrey, England: Ashgate.

 

Collins, A. (1999). Tourism Development and Natural Capital. Annals of Tourism Research, 26(1), 

98-109.

 

Collins, A., & Cooper, C. (2017). Measuring and managing the environmental impact of festivals: the 

contribution of the Ecological Footprint. Journal of Sustainable Tourism, 25(1), 148-162.

 

Corvalan, C., Hales, S., McMichael, A., Butler, C., Campbell-Lendrum, D., Confalonieri, U., Younes, 

M. (2005) Ecosystems and human well-being. Millennium Ecosystem Assessment Report. Geneva, 

Switzerland: WHO Press

 

Costanza, R., d'Arge, R., de Groot, R., Farber, S., Grasso, M., Hannon, B., van den Belt,

M. (1997). The Value of the World's Ecosystem Services and Natural Capital

Nature, 387, 253-260.

 

Costanza, R., Erickson, J., Fligger, K., Adams, A., Adams, C., Altschuler, B., . . . Williams, L. 

(2004). Estimates of the Genuine Progress Indicator (GPI) for Vermont, Chittenden County and 

Burlington, from 1950 to 2000. Ecological Economics, 51(1-2), 139-155.

 

Cowen, S. S., Ferreri, L. B., & Parker, L. D. (1987). The Impact of Corporate Characteristics  on  

Social  Responsibility  Disclosure:  A  Typology  and Frequency-Based Analysis. Accounting, 

Organizations and Society, 12(2), 111.

 

Crocker, T. D., & Shogren, J. F. (1993). Dynamic inconsistency in valuing environmental goods. 

Ecological Economics, 7(3), 239-254.

 

Dahlman, C. J. (1979). The problem of externality. The journal of law and economics, 22(1), 

141-162.

 

Dalmazzone, S., & La Notte, A. (2013). Multi-scale environmental accounting: Methodological lessons 

from the application of NAMEA at sub-national levels. Journal of Environmental Management, 130, 

405-416.

 

Daly, H. E. (1989). Towards a Measure of Sustainable Social Net National Product. In

Y. J. Ahmad, S. El-Serafy & E. Lutz (Eds.), Environmental Accounting for Sustainable Development: 

selected papers from joint UNEP/World Bank workshops. Washington DC: The World Bank.

 

Daly, H. E., & Cobb Jr, J. B. (1994). For the Common Good: Redirecting the Economy toward 

Community, the Environment, and a Sustainable Future (2nd Edition ed.). Boston: Beacon Preston.

 

Darby, L., & Jenkins, H. (2006). Applying sustainability indicators to the social enterprise 

business model: The development and application of an indicator set for Newport Wastesavers, Wales. 

International Journal of Social Economics, 33(5/6), 411.

 

Davidson, S., & Anderson, G. D. (1987). The Development of Accounting and Auditing Standards/Some 

Significant Standards. Journal of Accountancy, 163(5), 110.

 

de Haan, M., & Kee, P. (2004a). Accounting for Sustainable Development: the NAMEA- based approach 

Measuring sustainable development : integrated economic, environmental and social frameworks

 

de Haan, M., & Kee, P. (2004b). Accounting for Sustainable Development: the NAMEA-based approach. 

Measuring sustainable development : integrated economic, environmental and social frameworks: 

Organisation for Economic Co-operation and Development (OECD).

 

de Haan, M., & Keuning, S. J. (1996). Taking the Environment into Account: The NAMEA Approach. 

Review of Income & Wealth, 42(2), 131-148.

 

Deegan. (1999a). Implementing triple bottom line performance and reporting mechanisms. Charter, 

70(4), 40.

Deegan. (1999b). Triple bottom line reporting: A new reporting approach for the sustainable 

organisation. Charter, 70(3), 38.

 

Delang, C. O. (2016). Development beyond growth: Singapore's genuine progress, 1968-2014. 

International Journal of Green Economics, 10(1), 32-50.

 

Department of Marine Park Malaysia. (2016). Kompendium Data dan Maklumat Asas 2015-2016.  

Putrajaya: Department of Marine Park Malaysia, Ministry of Natural Resources and Environment 

Retrieved from  http://www.dmpm. nre.gov.my/v1/e-perpustakaan/kompendium-data-dan-maklumat-asas/.

 

Department of Marine Park Malaysia. (2018). Tourists Arrival Trend to Perhentian Island 2014 - 

2016. Department of marine Park Malaysia.

 

Department of Statistics Malaysia. (2008). Malaysia Standard Industrial Classification 2008. Kuala 

Lumpur: Department of Statistics Malaysia,.

 

Department of Town and Country Planning Peninsular Malaysia. (2015). Garis Panduan Perancangan: 

Pembangunan Fizikal Pulau-pulau dan Taman laut. Malaysia: Jabatan Perancangan Bandar dan Desa 

Semenanjung Malaysia, Kementerian Perumahan dan Kerajaan Tempatan.

 

Deraman, F., Ismail, N., Arifin, M., Izzat, A., & Mostafa, M. I. A. (2017). Green practices in 

hotel industry: Factors influencing the implementation. Journal of Tourism, Hospitality & Culinary 

Arts, 9(2), 1-12.

 

Díaz-Pérez, F. M., & Bethencourt-Cejas, M. (2016). CHAID algorithm as an appropriate analytical 

method for tourism market segmentation. Journal of Destination Marketing & Management.

 

Diedrich, A., & García-Buades, E. (2009). Local perceptions of tourism as indicators of destination 

decline. Tourism Management, 30(4), 512-521. doi: http://dx.doi. org/10.1016/j.tourman.2008.10.009

 

Dierkes, M., & Antal, A. B. (1985). The Usefulness and Use of Social Reporting Information. 

Accounting, Organizations and Society, 10(1), 29.

 

Dierkes, M., & Antal, A. B. (1986). Whither Corporate Social Reporting: Is It Time to Legislate? 

California Management Review, 28(3), 106.

 

Dobbs, S., & Van Staden, C. (2016). Motivations for corporate social and environmental reporting: 

New Zealand evidence. Sustainability Accounting, Management and Policy Journal, 7(3), 449-472.

 

Dolnicar, S., Crouch, G. I., & Long, P. (2008). Environment-friendly Tourists: What Do We Really 

Know About Them? Journal of Sustainable Tourism, 16(2), 197- 210.

 

Dolnicar, S., Grün, B., & Leisch, F. (2018). Market Segmentation Market Segmentation Analysis: 

Understanding It, Doing It, and Making It Useful (pp. 3-9). Singapore: Springer Singapore.

 

Dragović, B., Tzannatos, E., Tselentis, V., Meštrović, R., & Škurić, M. (2018). Ship emissions and 

their externalities in cruise ports. Transportation Research Part D: Transport and Environment, 61, 

289-300.

 

Dunlap, R. E., & Jorgenson, A. K. (2012). Environmental problems. The Wiley- Blackwell Encyclopedia 

of Globalization.

 

Dvarskas, A. (2019). Experimental ecosystem accounting for coastal and marine areas: A pilot 

application of the SEEA-EEA in Long Island coastal bays. Marine Policy, 100, 141-151.

 

Dwyer, L. (2016). Who is the ideal Tourist? Acta turistica, 28(2), 151-182.

 

Dwyer, L., & Forsyth, P. (1997). Measuring the benefits and yield from foreign tourism.

International Journal of Social Economics, 24(1/2/3), 223-236.

 

Dwyer, L., & Forsyth, P. (2008). Economic measures of tourism yield: what markets to target? 

International Journal of Tourism Research, 10(2), 155-168.

 

Dwyer, L., Forsyth, P., Fredline, L., Jago, L., Deery, M., & Lundie, S. (2006). Concepts of tourism 

yield and their measurement.

 

Dwyer, L., Forsyth, P., Spurr, R., & Hoque, S. (2010). Estimating the carbon footprint of 

Australian tourism. Journal of Sustainable Tourism, 18(3), 355-376.

 

Edens, B., & Hein, L. (2013). Towards a consistent approach for ecosystem accounting. Ecological    

  Economics,      90(0),      41-52.      doi: http://dx.doi.org/10.1016/j.ecolecon.2013.03.003

 

Edmonds, T., Olds, P., McNair, F., Edmonds, C., & Tsay, B. Y. (2017). Survey of Accounting: 

McGraw-Hill Education.

 

Ehrenfeld, D. (1988). Why Put Value on Biodiversity? In E. O. Wilson & F. M. Peter (Eds.), 

Biodiversity. Washington D.C: National Academy Press.

 

El Serafy, S. (1989). The Proper Calculation of Income from Depletable Natural Resources. In Y. J. 

Ahmad, S. El-Serafy & E. Lutz (Eds.), Environmental Accounting  for  Sustainable  Development:  

selected  papers  from  joint UNEP/World Bank workshops. Washington DC: The World Bank.

 

El Serafy, S. (1996). Environmental Accounting for Sustainable Development Conceptual and 

Theoretical Issues Relating to the System of Integrated Environmental and Economic Accounting 

(SEEA). Journal of Economic Cooperation among Islamic Countries, 17(1-2), 87-107.

 

El Serafy, S. (1997). Green accounting and economic policy. Ecological Economics, 21(3), 217.

 

El Serafy, S., & Lutz, E. (1989). Environmental and Resource Accounting: An Overview. In Y. J. 

Ahmad, S. El-Serafy & E. Lutz (Eds.), Environmental Accounting  for  Sustainable  Development:  

selected  papers  from  joint UNEP/World Bank workshops. Washington DC: The World Bank.

 

El Sherbiny, A. H., Sherif, A. H., & Hassan, A. N. (2006). Model for Environmental Risk Assessment 

of Tourism Project Construction on the Egyptian Red Sea Coast. Journal of Environmental 

Engineering, 132(10), 1272-1281.

 

Elkington, J. (1997). Cannibals with forks : the triple bottom line of 21st century business 

Oxford: Capstone.

 

Emas, R. (2015). The concept of sustainable development: definition and defining principles. Brief 

for GSDR, 1-3.

 

England, R. W. (1998). Measurement of social well-being: alternatives to gross domestic product. 

Ecological Economics, 25(1), 89-103.

 

Epstein,  M.  (1994).  Environmentally  responsible  corporations.  Management Accounting, 75(10), 

74.

 

Erickson, J. (2019). Achieving Genuine Progress: An Exploration of the Well-being Increasing and 

Decreasing Components of Economic Activity.

 

EUROSTAT, UNSD, OECD, & UNWTO. (2008). Tourism Satellite Account: Recommended Methodological 

Framework (TSA: RMF 2008): Statistical Office of the European Communities (EUROSTAT), United 

Nations Statistics Division (UNSD), Organisation for Economic Co-operation and Development (OECD), 

World Tourism Organization (UNWTO),.

 

Everett, T., Ishwaran, M., Ansaloni, G. P., & Rubin, A. (2010). Economic growth and the    

environment.    Evidence    and    Analysis    Series. 

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/ 

69195/pb13390-economic-growth-100305.pdf, (02.06.2014).

 

Ewing, B. R., Hawkins, T. R., Wiedmann, T. O., Galli, A., Ertug Ercin, A., Weinzettel, J., & 

Steen-Olsen, K. (2012). Integrating ecological and water footprint accounting in a multi-regional 

input–output framework. Ecological Indicators, 23(0), 1-8. doi: 

http://dx.doi.org/10.1016/j.ecolind.2012.02.025

 

Ezzamel, M. (2009). Order and accounting as a performative ritual: Evidence from ancient Egypt. 

Accounting, Organizations and Society, 34(3), 348-380.

 

Farooquee, N. A., Budal, T. K., & Maikhuri, R. K. (2008). Environmental and socio- cultural impacts 

of river rafting and camping on Ganga in Uttarakhand Himalaya Current Science (00113891) (Vol. 94, 

pp. 587-594): Indian Academy of Sciences.

 

Farrell, K. N. (2007). Living with living systems: The co-evolution of values and valuation. 

International Journal of Sustainable Development and World Ecology, 14(1), 14.

 

Filios, V. P. (1984). Corporate Social Responsibility and Public Accountability. Journal of 

Business Ethics, 3(4), 305.

 

Finsterwalder, J., & Laesser, C. (2013). Segmenting outbound tourists based on their activities: 

toward experiential consumption spheres in tourism services? Tourism Review of AIEST - 

International Association of Scientific Experts in Tourism, 68(3), 21-43. doi: 

http://dx.doi.org/10.1108/TR-05-2013-0023

 

Fisher, A. C., & Krutilla, J. V. (1972). Determination of Optimal Capacity of Resource- based 

Recreation Facilities. Natural Resources Journal, 12417-444.

 

Fitzpatrick, W. J. (2004). Valuing Nature Non-Instrumentally. Journal of Value Inquiry, 38(3), 315.

 

Fogg, S. L. (1985). Social Accounting for Corporations: Private Interest Versus the Public 

Interest. Journal of Accountancy (pre-1986), 159(000001), 120.

 

Font, A. R. (2000). Mass Tourism and the Demand for Protected Natural Areas: A Travel Cost 

Approach. Journal of Environmental Economics and Management, 39, 97-116.

 

Fox, M.-J. V., & Erickson, J. D. (2018). Genuine economic progress in the United States: a fifty 

state study and comparative assessment. Ecological Economics, 147, 29-35.

 

Fox, R., & Dahlgran, R. (1990). A Social Accounting Approach to Analyzing Agribusiness 

Competitiveness. Agribusiness (1986-1998), 6(3), 209.

 

Frank, R., & Bernanke, B. (2012). Principles of Economics: Fifth Edition: McGraw- Hill Higher 

Education.

 

Frör, O. Bounded rationality in contingent valuation: Empirical evidence using cognitive 

psychology. Ecological Economics, In Press, Corrected Proof.

 

Gaik, L. A., & Izarenah, M. R. (Eds.). (2016). Total Economic Value of Marine Biodiversity Malaysia 

Marine Parks. Putrajaya: Department of Marine Park Malaysis, Ministry of Natural resources and 

Environment.

 

Gajos, E., & Prandecki, K. (2016). National Accounting Matrix With Environmental Accounts 

(NAMEA)–an overview of Environmetally Extended Input–Output Analysis,“. ACTA Scientiarum Polonorum. 

Oeconomia(15), 4.

 

Gallego-Álvarez, I., & Ortas, E. (2017). Corporate environmental sustainability reporting in the 

context of national cultures: A quantile regression approach. International Business Review, 26(2), 

337-353.

 

Geri, F., Amici, V., & Rocchini, D. (2010). Human activity impact on the heterogeneity of a 

Mediterranean landscape. Applied Geography, 30(3), 370-379.

 

Ghanem, J. (2017). Conceptualizing “the Tourist”: A critical review of UNWTO definition.

 

Ghasemi, A., & Zahediasl, S. (2012). Normality tests for statistical analysis: a guide for 

non-statisticians. International journal of endocrinology and metabolism, 10(2), 486.

 

Gigliarano, C., Balducci, F., Ciommi, M., & Chelli, F. (2014). Going regional: An index of 

sustainable economic welfare for Italy. Computers, Environment and Urban Systems, 45, 63-77.

 

Gil, M. A., Renfro, B., Figueroa-Zavala, B., Penié, I., & Dunton, K. H. (2015). Rapid tourism 

growth and declining coral reefs in Akumal, Mexico. Marine biology, 162(11), 2225-2233.

 

Gill, A. R., Viswanathan, K. K., & Hassan, S. (2018). The Environmental Kuznets Curve (EKC) and the 

environmental problem of the day. Renewable and Sustainable Energy Reviews, 81, 1636-1642.

 

Ginevičius, R., Lapinskienė, G., & Peleckis, K. (2017). The evolution of the environmental  Kuznets 

 curve  concept:  The  review  of  the  research. Panoeconomicus, 64(1), 93-112.

 

Golub, S., & Varma, A. (2014). Fishing Exports and Economic Development of Least Developed 

Countries: Bangladesh, Cambodia, Comoros, Sierra Leone and Uganda Paper Prepared for UNCTAD: 

UNCTAD. Swarthmore College.

 

Gómez-Déniz, E., Pérez-Rodríguez, J. V., & Boza-Chirino, J. (2019). Modelling tourist expenditure 

at origin and destination. Tourism Economics, 1354816619840845.

 

González-Gamboa, I., Santos-Martínez, A., & Herrera-Martínez, Y. (2019). Potential response of 

coral reef'S functional structure and snapper abundance to environmental degradation in san andres 

island, colombia. Acta Biológica Colombiana, 24(1), 86-96.

 

Gray, R. (1990). Social and Environmental Accounting in the Western Capitalist Economies: A Review 

Working Paper (pp. 29): Department of Accountancy, University of Canterbury.

 

Gray, R. (2001). Thirty Years of Social accounting, reporting and auditing: What (if anything) have 

we learnt? Business Ethics: A European Review, 10(1), pp. 9 - 15.

 

Gray, R., Bebbington, J., & Walters, D. (1993). Accounting For The Environment (The Greening of 

Accountancy, Part II). London: Paul Chapman Publishing Ltd.

 

Gray, R., Dey, C., Owen, D., Evans, R., & Zadek, S. (1997). Struggling with the Praxis of Social 

Accounting. Accounting, Auditing and Accountability Journal, 10(3),

pp. 325-366.

 

Gray, R., Javad, M., Power, D. M., & Sinclair, C. D. (2001). Social and Environmental Disclosure 

and Corporate Characteristics: A Research Note nad Extension. Journal oF Business Finance & 

Accounting, 28(3 & 4), pp 327-356.

 

Gray, R., Owen, D., & Maunders, K. (1987). Corporate Social Reporting: Accounting and 

Accountability. London: Prentice Hall.

 

Graymore, M. L. M., Sipe, N. G., & Rickson, R. E. (2010). Sustaining Human Carrying Capacity: A 

tool for regional sustainability assessment. Ecological Economics, 69(3), 459-468.

 

Guttentag, D., Smith, S., Potwarka, L., & Havitz, M. (2018). Why tourists choose Airbnb: A 

motivation-based segmentation study. Journal of Travel Research, 57(3), 342-359.

 

Hadjikakou, M., Miller, G., Chenoweth, J., Druckman, A., & Zoumides, C. (2015). A comprehensive 

framework for comparing water use intensity across different tourist types. Journal of Sustainable 

Tourism, 23(10), 1445-1467.

 

Hagen, E. (1949). National Accounting Systems and The European Recovery Program.

Accounting Review, 24(3), 248.

 

Haines-Young, R. (1999). Environmental Accounts for Land Cover: Their Contribution to 'State of the 

Environment' Reporting. Transactions of the Institute of British Geographers, 24(2), 441-456.

 

Hamilton, C. (1999). The genuine progress indicator methodological developments and results from 

Australia. Ecological Economics, 30(1), 13-28.

 

Han, J., Choi, A., & Oh, C.-O. (2018). The Effects of Environmental Value Orientations and 

Experience-Use History on the Conservation Value of a National Park. Sustainability, 10(10), 3372.

 

Han, M., Chen, G., Meng, J., Wu, X., Alsaedi, A., & Ahmad, B. (2016). Virtual water accounting for 

a building construction engineering project with nine sub- projects: a case in E-town, Beijing. 

Journal of Cleaner Production, 112, 4691- 4700.

 

Hanley, N., & Spash, C. L. (1993). Cost benefit Analysis and the Environment.

Vermont: Edward Elgar Publishing Company.

 

Hanley, N., Mourato, S., & Wright, R. E. (2001). Choice Modelling Approaches: A Superior 

Alternative for Environmental Valuatioin? Journal of Economic Surveys, 15(3).

 

Hanley, N., Shogren, J. F., & White, B. (2007). Environmental Economics In theory and Practice (2nd 

ed.). New York: Palgrave MacMillan.

 

Hanley, N., Shogren, J. F., & White, B. (2016). Environmental economics: in theory and practice: 

Macmillan International Higher Education.

 

Hansen, L. G. (2002). Shiftable externalities: a market solution. Environmental and Resource 

Economics, 21(3), 221-239.

 

Harrison, A. (1989a). Environmental Issues and The SNA. Review of Income & Wealth, 35(4), 377-388.

 

Harrison, A. (1989b). Introducing Natural Capital into the SNA. In Y. J. Ahmad, S. El- Serafy  &  

E.  Lutz  (Eds.),  Environmental  Accounting  for  Sustainable Development:  selected  papers  from 

 UNEP-World  Bank  Symposium. Washington DC: The World Bank.

 

Harrison, G. L., & McKinnon, J. L. (1986). Culture and Accounting Change: A New Perspective on 

Corporate Reporting Regulation and Accounting Policy Formulation. Accounting, Organizations and 

Society, 11(3), 233.

 

Harrison, W. T., Horngren, C., Thomas, B., & Suwardy, T. (2013). Financial Accounting: Global 

Edition: International Financial Reporting Standards: Pearson Education Limited.

 

Hashim, M., Sifat, I. M., & Mohamad, A. (2018). GDP vs genuine progress quantification of economic 

performance in South Korea and Malaysia. Economics and Business Letters, 7(4), 169-178.

 

Hashimoto, T., Oda, K., & Qi, Y. (2018). On Well-being, Sustainability and Wealth Indices beyond 

GDP: A guide using cross-country comparisons of Japan, China, South Korea. 經濟學研究= Economic Studies, 

68(1), 35-88.

 

Haspel, A. E., & Johnson, F. R. (1982). Multiple Destination Trip Bias in Recreation Benefit 

Estimation. Land Economics, 58(3), 364.

 

Hecht, J. E. (2005). National Environmental Accounting: Bridging the Gap between Ecology and 

Economy. Washington DC: RFF Press.

 

Hecht, J. E. (2012). National Environmental Accounting: Bridging the Gap between Ecology and 

Economy: Taylor & Francis.

 

Hein, L., Bagstad, K., Edens, B., Obst, C., de Jong, R., & Lesschen, J. P. (2016). Defining 

ecosystem assets for natural capital accounting. PLoS One, 11(11), e0164460.

 

Hein, L., Obst, C., Edens, B., & Remme, R. P. (2015). Progress and challenges in the development of 

ecosystem accounting as a tool to analyse ecosystem capital. Current Opinion in Environmental 

Sustainability, 14, 86-92.

 

Helbling, T. (2010). Back to Basics What Are Externalities? What happens when prices do not fully 

capture costs. Finance & Development, 47(4), 48.

 

Hepburn, C., & Bowen, A. (2012). Prosperity with growth: Economic growth, climate change and 

environmental limits: Grantham Research Institute on Climate Change and the Environment.

 

Hill, J., & Gale, T. (2012). Ecotourism and Environmental Sustainability: Principles and Practice: 

Ashgate Publishing Limited.

 

Holden, E., Linnerud, K., Banister, D., Schwanitz, V. J., & Wierling, A. (2017). The imperatives of 

sustainable development: needs, justice, limits: Routledge.

 

Holub, H. W., Tappeiner, G., & Tappeiner, U. (1999). Some remarks on the [`]System of Integrated 

Environmental and Economic Accounting' of the United Nations. Ecological Economics, 29(3), 329-336.

 

Howarth, R. B., & Kennedy, K. (2016). Economic growth, inequality, and well-being.

Ecological Economics, 121, 231-236.

 

Howes, R. (1999). Accounting for environmentally sustainable profits. Management Accounting: 

Magazine for Chartered Management Accountants, 77(1), 32.

 

Huang, L. (2018). Exploring the Strengths and Limits of Strong and Weak Sustainability Indicators: 

A Case Study of the Assessment of China’s Megacities with EF and GPI. Sustainability, 10(2), 349.

 

Hubacek, K., Guan, D., Barrett, J., & Wiedmann, T. (2009). Environmental implications of 

urbanization and lifestyle change in China: Ecological and Water Footprints. Journal of Cleaner 

Production, 17(14), 1241-1248.

 

Hueting, R. (1989). Correcting National Income for Environmental Losses: Toward a Practical 

Solution. In Y. J. Ahmad, S. El-Serafy & E. Lutz (Eds.),

 

Environmental Accounting for Sustainable Development: selected papers from joint UNEP/World Bank 

workshops. Washington DC: The World Bank.

 

Hueting, R., Reijnders, L., de Boer, B., Lambooy, J., & Jansen, H. (1998). The concept of 

environmental function and its valuation. Ecological Economics, 25(1), 31- 35.

 

Huggett, R. J. (1999). Ecosphere, biosphere, or Gaia? What to call the global ecosystem.

Global Ecology and Biogeography, 8(6), 425-431.

 

Hunter, C., & Shaw, J. (2007). The ecological footprint as a key indicator of sustainable tourism. 

Tourism Management, 28(1), 46-57. doi: http://dx.doi.org/10.1016/ j.tourman.2005.07.016

 

ICAEW. (2016). Timeline of the History of the Accountancy Profession in the United Kingdom.         

Retrieved   24th   January   2016,   from 

http://www.icaew.com/en/library/historical-resources/accountancy-profession/ timeline

 

IFRS. (2013). Access the unaccompanied standards and their technical summaries.

Retrieved 13 August 2013, from http://www.ifrs.org/IFRSs/Pages/IFRS.aspx

 

Ijiri, Y. (2014). The beauty of double-entry bookkeeping and its impact on the nature of accounting 

information. Economie Notes by Monte dei Paschi di Siena, 22(2- 1993), 265-285.

 

Ingram, R. W. (1978). An Investigation of the Information Content of (Certain) Social 

Responsibility Disclosures. Journal of Accounting Research, 16(2), 270.

 

Ismail, R., Jaafar, H.,  & Khalid,  K.  (2016). Estimating Perhentian  Island's Environmentally 

Sustainable Tourism Yield for the Recreational Segment. Asia Pacific Journal of Innovation in 

Hospitality and Tourism, 5(3), 51 - 70.

 

Jabareen, Y. (2009). Building a conceptual framework: philosophy, definitions, and procedure. 

International Journal of Qualitative Methods, 8(4), 49-62.

 

Jaffe, A. E., & Irizarry, R. A. (2014). Accounting for cellular heterogeneity is critical in 

epigenome-wide association studies. Genome biology, 15(2), R31.

 

Jenerette, G. D., Marussich, W. A., & Newell, J. P. (2006). Linking ecological footprints with 

ecosystem valuation in the provisioning of urban freshwater. Ecological Economics, 59(1), 38-47.

 

Jin, J., Wang, Z., & Liu, X. (2008). Valuing black-faced spoonbill conservation in Macao: A policy 

and contingent valuation study. Ecological Economics, In Press, Corrected Proof.

 

Jin, J., Wang, Z., & Ran, S. (2006). Comparison of contingent valuation and choice experiment in 

solid waste management programs in Macao. Ecological Economics, 57(3), 430-441.

 

Johnson, D. G. (2000). Population, food, and knowledge. American Economic Review, 90(1), 1-14.

 

Johnston, R. J., & Tyrrell, T. J. (2005). A Dynamic Model of Sustainable Tourism.

Journal of Travel Research, 44(2), 124-134. doi: 10.1177/0047287505278987

 

Jones, C., Munday, M., & Bryan, J. (2016). Wales Pilot: Developing a statistical framework for 

Measuring Sustainable Tourism (MST). Measuring Sustainable Tourism. 

http://cf.cdn.unwto.org/sites/all/files/docpdf/mstpilotstudywales.pdf

 

Jones, R. (2000a). National accounting, government budgeting and the accounting discipline. 

Financial Accountability & Management, 16(2), 101.

 

Jones, R. (2000b). Public versus private: The empty definitions of national accounting.

Financial Accountability & Management, 16(2), 167.

 

Kamri, T., Ali, J. K., & Harun, N. F. A. (2017). Willingness to pay for conservation of natural 

resources in Santubong National Park. Jurnal Manajemen dan Kewirausahaan, 19(1), 16-21.

 

Kasum, J., Primorac, Ž., & Pilić, M. (2019). The Influence of Island Infrastructure on Security, 

Sustainability and Development of Nautical Tourism. Paper presented at the Mediterranean Islands 

Conference.

 

Keith, H., Vardon, M., Stein, J., Stein, J., & Lindenmayer, D. (2017). Experimental ecosystem 

accounts for the Central Highlands of Victoria. Canberra, Australia: The Australian National 

University and the Threatened Species Recovery Hub.

 

Kenny, D. C., Costanza, R., Dowsley, T., Jackson, N., Josol, J., Kubiszewski, I., . . . Thompson, 

J. (2019). Australia's Genuine Progress Indicator Revisited (1962– 2013). Ecological Economics, 

158, 1-10.

 

Kerstetter, D., & Bricker, K. (2009). Exploring Fijian's sense of place after exposure to tourism 

development. Journal of Sustainable Tourism, 17(6), 691-708.

 

Khan, S. H., & Agha, S. (2015). Impact of FDI in UAE over the main elements of sustainable 

development: economy and environment. Journal of Emerging Trends in Economics and Management 

Sciences (JETEMS), 6(7), 263-267.

 

Kitzes, J., Galli, A., Bagliani, M., Barrett, J., Dige, G., Ede, S., . . . Wiedmann, T. (2009). A 

research agenda for improving national Ecological Footprint accounts. Ecological Economics, 68(7), 

1991-2007. doi: http://dx.doi.org

/10.1016/j.ecolecon.2008.06.022

 

Koc, E., & Altinay, G. (2007). An analysis of seasonality in monthly per person tourist spending in 

Turkish inbound tourism from a market segmentation perspective. Tourism  Management,  28(1),  

227-237.  doi:  http://dx.doi.org/10.1016/ j.tourman.2006.01.003

 

Koontz, L., Thomas, C. C., Ziesler, P., Olson, J., & Meldrum, B. (2017). Visitor spending effects: 

assessing and showcasing America's investment in national parks. Journal of Sustainable Tourism, 

25(12), 1865-1876.

 

Kotchen, M. J., & Reiling, S. D. (2000). Environmental attitudes, motivations, and contingent 

valuation of nonuse values: a case study involving endangered species. Ecological Economics, 32(1), 

93-107.

 

Kruger, M., & Saayman, M. (2014). The determinants of visitor length of stay at the Kruger National 

Park. Koedoe, 56(2), 1-11.

 

Kuasirikun, N., & Sherer, M. (2004). Corporate social accounting disclosure in Thailand. 

Accounting, Auditing & Accountability Journal, 17(4), 629.

 

 

Kubiszewski, I., Costanza, R., Franco, C., Lawn, P., Talberth, J., Jackson, T., & Aylmer,

C. (2013a). Beyond GDP: Measuring and achieving global genuine progress.

Ecological Economics, 93, 57-68.

 

Kubiszewski, I., Costanza, R., Gorko, N. E., Weisdorf, M. A., Carnes, A. W., Collins,

C. E., . . . Matson, G. E. (2015). Estimates of the Genuine Progress Indicator (GPI) for Oregon 

from 1960–2010 and recommendations for a comprehensive shareholder's report. Ecological Economics, 

119, 1-7.

 

Kumar, J., & Hussain, K. (2014). A review of assessing the economic impact of business tourism: 

Issues and approaches. International Journal of Hospitality and Tourism Systems, 7(2), 49-55.

 

Kumar, J., Garg, A., & Fukey, L. N. (2018). In-Depth Review of Microeconomic Analysis of Business 

Tourist Spending. Asia-Pacific Journal of Innovation in Hospitality and Tourism (APJIHT), 39.

 

Kumar, M., & Kumar, P. (2008). Valuation of the ecosystem services: A psycho- cultural perspective. 

Ecological Economics, 64(4), 808-819.

 

Kumar, P., & Smith, R. B. (2019). Inclusive Wealth: From Theory to Practice-Inclusive Wealth Report 

2018: Measuring Sustainability and Well-being Chapter 2. Inclusive Wealth Report 2018: Measuring 

Sustainability and Well-being.

 

Kuniyal, J. C. (2002). Mountain expeditions: minimising the impact. Environmental Impact Assessment 

Review, 22(6), 561.

 

Kuo, N.-W., & Chen, P.-H. (2009). Quantifying energy use, carbon dioxide emission, and other 

environmental loads from island tourism based on a life cycle assessment approach. Journal of 

Cleaner Production, 17(15), 1324-1330. doi: http://dx.doi.org/10.1016/j.jclepro.2009.04.012

 

La Notte, A., & Marques, A. (2017). The role of enabling actors in ecosystem service accounting. 

One Ecosystem, 2, e20834.

 

Lachs, L., Johari, N. A. M., Le, D. Q., Safuan, C. D. M., Duprey, N. N., Tanaka, K., . .

. Baker, D. M. (2019). Effects of tourism-derived sewage on coral reefs: Isotopic assessments 

identify effective bioindicators. Marine Pollution Bulletin, 148, 85- 96.

 

Laesser, C., & Crouch, G. I. (2006). Segmenting markets by travel expenditure patterns: The case of 

international visitors to Australia. Journal of Travel Research, 44(4), 397-406.

 

Laimer, P., Weiß, J., & Austria, S. (2006). Data Sources on Tourism Expenditure: The Austrian 

Experiences Taking into Account the TBoP Requirements. Paper presented at the International 

Workshop on Tourism Statistics: UNWTO Headquarters,  Madrid/Spain).  

http://unstats.un.org/unsd/newsletter/unsd_ workshops/touris m/IWTS/Invited% 

20presentations/IWTS_Item17 (Austria). pdf.

 

Lande, E. (2000). Macro-accounting and micro-accounting relationships in France.

Financial Accountability & Management, 16(2), 151.

 

Lange, G.-M. (2007). Environmental accounting: Introducing the SEEA-2003.

Ecological Economics, 61(4), 589-591.

 

Langkawi Development Authority (LADA). (2019). Langkawi Tourism Blueprint Background.  Retrieved 

1st February 2019, 2019, from https://www.lada. 

gov.my/en/information/langkawi-tourism-blueprint/bpl-background

 

Larissa, B. (2015). Written Roots of AccountingiIn The Ancient World. Annals of'Constantin 

Brancusi'University of Targu-Jiu. Economy Series(6).

 

Laumonier, Y., Uryu, Y., Stüwe, M., Budiman, A., Setiabudi, B., & Hadian, O. (2010). Eco-floristic 

sectors and deforestation threats in Sumatra: identifying new conservation area network priorities 

for ecosystem-based land use planning. Biodiversity and Conservation, 19(4), 1153-1174.

 

Lawn, P. (2003). A theoretical foundation to support the Index of Sustainable Economic Welfare 

(ISEW), Genuine Progress Indicator (GPI), and other related indexes. Ecological Economics, 44(1), 

105-118. doi: http://dx.doi.org/10.1016/S0921-

8009(02)00258-6

 

Le, T. H. T., Lee, D. K., Kim, Y. S., & Lee, Y. (2016). Public preferences for biodiversity 

conservation in Vietnam's Tam Dao National Park. Forest science and technology, 12(3), 144-152.

 

Lee, C.-K., & W. Mjelde, J. (2007). Valuation of ecotourism resources using a contingent valuation 

method: The case of the Korean DMZ. Ecological Economics, 63(2-3), 511-520.

 

Legohérel, P., & Wong, K. K. (2006). Market segmentation in the tourism industry and consumers' 

spending: What about direct expenditures? Journal of Travel & Tourism Marketing, 20(2), 15-30.

 

Leman, N., Ramli, M. F., & Khirotdin, R. P. K. (2016). GIS-based integrated evaluation of 

environmentally sensitive areas (ESAs) for land use planning in Langkawi, Malaysia. Ecological 

Indicators, 61, 293-308.

 

Leopold, A. (1933). Game Management: Charles Scribner's Sons (1933). Reprinted in 1986 by 

University of Wisconsin Press, Madison.

 

Leopold, A. (1987). Game management: Univ of Wisconsin Press.

 

Lequiller, F., & Blades, D. (2006). Understanding National Accounts: Organisation for Economic 

Co-operation and Development (OECD) Publishing.

 

Levin, N., & Zahavi, J. (2001). Predictive modeling using segmentation. Journal of Interactive 

Marketing, 15(2), 2-22. doi: http://dx.doi.org/10.1002/dir.1007

 

Li, L., Li, J., Tang, L., & Wang, S. (2019). Balancing Tourism’s Economic Benefit and CO2 

Emissions: An Insight from Input–Output and Tourism Satellite Account Analysis. Sustainability, 

11(4), 1052.

 

Libecap, G. D. (2014). Addressing global environmental externalities: Transaction costs 

considerations. Journal of Economic Literature, 52(2), 424-479.

 

Lim, C., & McAleer, M. (2005). Ecologically sustainable tourism management. Environmental  

Modelling  &  Software,  20(11),  1431-1438.  doi: 10.1016/j.envsoft.2004.09.023

 

Lin, D., Hanscom, L., Murthy, A., Galli, A., Evans, M., Neill, E., . . . Huang, S. (2018). 

Ecological Footprint Accounting for Countries: Updates and Results of the National Footprint 

Accounts, 2012–2018. Resources, 7(3), 58.

 

Lindberg, K., McCool, S., & Stankey, G. (1997). Rethinking carrying capacity. Annals of Tourism 

Research, 24(2), 461-465. doi: http://dx.doi.org/10.1016/S0160- 7383(97)80018-7

 

Linowes, D. F. (1968). Socio-Economic Accounting. Journal of Accountancy, 126(5), 37-42.

Linowes, D. F., & Tietjen, A. C. (1971). Social Responsibility Of The Profession.

Journal of Accountancy, 131(1), 66-69.

 

Liu, Q.-P., Lin, Z.-S., Feng, N.-H., & Liu, Y.-M. (2008). A Modified Model of Ecological Footprint 

Accounting and Its Application to Cropland in Jiangsu, China. Pedosphere, 18(2), 154-162. doi: 

http://dx.doi.org/10.1016/S1002- 0160(08)60003-X

 

Lobo, H. A. S., Trajano, E., Marinho, M. d. A., Bichuette, M. E., Scaleante, J. A. B., Scaleante, 

O. A. F., . . . Laterza, F. V. (2013). Projection of tourist scenarios onto fragility maps: 

Framework for determination of provisional tourist carrying capacity in a Brazilian show cave. 

Tourism Management, 35(0), 234-243. doi: http://dx.doi.org/10.1016/j.tourman.2012.07.008

 

Lof, M., Schenau, S., de Jong, R., Remme, R., Graveland, C., & Hein, L. (2017). The SEEA EEA carbon 

account for the Netherlands: Statistics Netherlands.

 

Loomis, J., Kent, P., Strange, L., Fausch, K., & Covich, A. (2000). Measuring the total economic 

value of restoring ecosystem services in an impaired river basin: results from a contingent 

valuation survey. Ecological Economics, 33(1), 103- 117.

 

Lundie, S., Dwyer, L., & Forsyth, P. (2007). Environmental-Economic Measures of Tourism Yield. 

Journal of Sustainable Tourism, 15(5), 503-519. doi: 10.2167/jost713.0

 

Luo, F., Becken, S., & Zhong, Y. (2018). Changing travel patterns in China and ‘carbon 

footprint’implications for a domestic tourist destination. Tourism Management, 65, 1-13.

 

Luttenberger, L. R., & Luttenberger, A. (2016). Environmental assessment of externalities 

associated with tourist property development projects in coastal areas. Paper presented at the 

Tourism and Hospitality Industry 2016.

 

M. Rafee, M., & Owee, B. H. (2007). Sustainable solid waste management for island resorts: 

potential for Perhentian Island, Terengganu. Paper presented at the 1st International Conference on 

Built Environment in Developing Countries, Pulau Pinang.

 

MacDougall, A. S., McCann, K. S., Gellner, G., & Turkington, R. (2013). Diversity loss with 

persistent human disturbance increases vulnerability to ecosystem collapse. Nature, 494(7435), 

86-89.

 

MacGinnis, J., Monroe, M. W., Wicke, D., & Matney, T. (2014). Artefacts of cognition: the use of 

clay tokens in a Neo-Assyrian provincial administration. Cambridge Archaeological Journal, 24(2), 

289-306.

 

Maharana, I., Rai, S. C., & Sharma, E. (2000). Valuing ecotourism in a sacred lake of the Sikkim 

Himalaya, India. Environmental Conservation, 27(3), 269-277.

 

Maille, P., & Mendelsohn, R. (1992). Valuing Ecotourism in Madagascar. Journal of Environmental 

Management, 38, 213-218.

 

Mamouni Limnios, E. A., Ghadouani, A., Schilizzi, S. G. M., & Mazzarol, T. (2009). Giving the 

consumer the choice: A methodology for Product Ecological Footprint calculation. Ecological 

Economics, 68(10), 2525-2534.

 

Mancini, M., Evans, M., Iha, K., Danelutti, C., & Galli, A. (2018). Assessing the ecological 

footprint of ecotourism packages: A methodological proposition. Resources, 7(2), 38.

 

Mann, C. C. (2005). Unraveling khipu's secrets. Science, 309(5737), 1008-1009. Manning, R. E. 

(2002, January 30-February 02, 2002). How Much is Too Much?

Carrying Capacity of National Parks and Protected Areas. Paper presented at

the Monitoring and Management of Visitor Flows in Recreational and Protected Areas Conference, 

Bodenkultur University Vienna, Austria.

 

Manning, R. E., Leung, Y.-F., & Budruk, M. (2005). Research to Support Management of Visitor 

Carrying Capacity of Boston Harbor Islands. Northeastern Naturalist, 12, 201-220.

 

Manning, R., Yu-Fai, L., & Budruk, M. (2005). Research to Support Management of Visitor Carrying 

Capacity of Boston Harbor Islands. Northeastern Naturalist, 12, 201-220.

 

Marrocu, E., Paci, R., & Zara, A. (2015). Micro-economic determinants of tourist expenditure: A 

quantile regression approach. Tourism Management, 50(0), 13-

30. doi: http://dx.doi.org/10.1016/j.tourman.2015.01.006

 

Martin, B. S., & Uysal, M. (1990). An examination of the relationship between carrying capacity and 

the tourism lifecycle: Management and policy implications. Journal  of  Environmental  Management,  

31(4),  327-333.  doi: http://dx.doi.org/10.1016/S0301-4797(05)80061-1

 

Martinez-Alier,  J.,  Munda,  G.,  & O'Neill,  J.  (1999).  Commensurability and Compensability in 

Ecological Economics. In M. O'Connor & C. Spash (Eds.), Valuation and the Environment: Theory, 

Method and Practice. Cheltenham, UK: Edward Elgar.

 

Mascorro, V. S., Coops, N. C., Kurz, W. A., & Olguín, M. (2016). Attributing changes in land cover 

using independent disturbance datasets: a case study of the Yucatan Peninsula, Mexico. Regional 

Environmental Change, 16(1), 213-228.

 

Mason, P. (2015). Tourism impacts, planning and management: Routledge.

 

Mathews, M. R. (1984). A Suggested Classification for Social Accounting Research.

Journal of Accounting and Public Policy, 3(3), 199.

 

Mathews, M. R. (1987). Social Accounting and the Development of Accounting Education Discussion 

paper series (pp. 28). Palmerston North, New Zealand: Department of Accountancy, Massey University.

 

Mathews, M. R. (1995). Social and Environmental Accounting: A Practical Demonstration of Ethical 

Concern? Journal of Business Ethics, 14(8), pp 663- 671.

 

Mathews, M. R. (1997). 25 years of environmental and social accounting research: Is there a silver 

jubilee to celebrate? Accounting, Auditing and Accountability Journal, 10(4), pp 481-531.

 

Mathews, M. R. (2000a). Accounting for Macro-Social Impacts: A New Research Agenda. Accounting 

Forum, 24(2), pp187-196.

 

Mathews, M. R. (2000b). The development of social and environmental accounting research 1995-2000. 

Palmerston North, N.Z.: School of Accountancy, Massey University.

 

Mathews, M. R., & Perera, M. H. B. (1996). Accounting Theory and Development (3rd ed. ed.). South 

Melbourne: Thomas Nelson Australia.

 

Max-Neef, M. (1995). Economic growth and quality of life: a threshold hypothesis.

Ecological Economics, 15(2), 115-118.

 

Mbayi, L. (2011). Linkages in Botswana’s diamond cutting and polishing industry.

Making the Most of Commodities Programme Discussion Paper No, 6.

 

McCabe, S. (2009). Who is Tourist? Conceptual and Theoretical Developments. In J. Tribe  (Ed.),  

Philosophical  Issues  in  Tourism.  Bristol:  Channel  View Publications.

 

McConnell, K. E. (1992). On-site time in the demand for recreation. American Journal of 

Agricultural Economics, 74(4), 918.

 

McConnell, K. E., & Strand, I. (1981). Measuring the Cost of Time in Recreation Demand Analysis: An 

Application to Sportfishing. American Journal of Agricultural Economics, 63(1), 153.

 

McGrath, J. M., Primm, D., & Lafe, W. (2016). The Economic Impact of Pennsylvania Heritage Areas: 

Center for Rural Pennsylvania.

 

McKean, J. R., Johnson, D. M., & Walsh, R. G. (1995). Valuing time in travel cost demand analysis: 

An empirical investigation. Land Economics, 71(1), 96.

 

McKindsey, C. W., Thetmeyer, H., Landry, T., & Silvert, W. (2006). Review of recent carrying 

capacity for bivalve culture and recommendation for research and management. Aquaculture, 261, 

451-462.

 

Meadows, D. H., Meadows, D. L., Randers, J., & Behrens III, W. W. (1972). The limits to growth A 

Report for The Club of Rome's Project on the Predicament of Mankind.

 

Meadows, D. L., & Randers, J. (2012). The limits to growth: the 30-year update: Routledge.

 

Mendelsohn, R., & Hof, J. (1992). Measuring recreation values with multiple destination trips. 

American Journal of Agricultural Economics, 74(4), 926.

 

Menegaki, A. N., & Tugcu, C. T. (2016). Rethinking the energy-growth nexus: Proposing an index of 

sustainable economic welfare for Sub-Saharan Africa. Energy Research & Social Science, 17, 147-159.

 

Menkhaus, S., & Lober, D. J. (1995). International Ecotourism and the Valuation of Tropical 

Rainforests in Costa Rica. Journal of Environmental Management, 47, 1-10.

 

Mexa, A., & Coccossis, H. (2004). Tourism Carrying Capacity: A Theoretical Overview. In H. 

Coccossis & A. Mexa (Eds.), The Challenge of Tourism Carrying Capacity Assessment: Theory and 

Practice (pp. 37-54). Surrey, England: Ashgate.

 

Mihalič, T. (2013). Performance of environmental resources of a tourist destination: concept and 

application. Journal of Travel Research, 52(5), 614-630.

 

Miller, G. T., & Spoolman, S. (2011). Essentials of Ecology: Cengage Learning.

 

Mitchell, M., Curtis, A., & Davidson, P. (2008). Evaluating the process of triple bottom line 

reporting: Increasing the potential for change. Local Environment, 13(2), 67-80.

 

Mitchell, R. C., & Carson, R. T. (1989). Using Surveys to Value Public Goods : The Contingent 

Valuation Method Washington D.C: Resources for the Future.

 

Mohamad, D., & Marzuki, A. (2018). Carrying Capacity of Tourism Development in Cameron Highlands, 

Malaysia. Planning Malaysia Journal, 16(8).

 

Mohamad, D., Rahman, S., Bahauddin, A., & Mohamed, B. (2015). Physical environmental impacts of 

island tourism development: A case study of Pangkor Island. Geografia. Malaysian Journal of Society 

and Space, 11(11), 120-128.

 

Mohamed, B., Salim, N., & Siti Zulaiha, Z. A. (Eds.). (2015). Technical Ground Assessment Report 

for Perhentian Island. Penang: Sustainable Tourism Research Cluster (STRC), Universiti Sains 

Malaysia.

 

Mohd Zaki, O. (2004). Kajian pengurusan sisa pepejal pulau peranginan di Malaysia: Pulau Tioman. 

(Ijazah Sarjana Muda Kejuruteraan Awam), Universiti Teknologi Malaysia

 

Mortazavi, R., & Lundberg, M. (2019). Expenditure-based segmentation of tourists taking into 

account unobserved heterogeneity: The case of Venice. Tourism Economics, 1354816619841713.

 

Murray, A., Sinclair, D., Power, D., & Gray, R. (2006). Do financial markets care about social and 

environmental disclosure? Further evidence and exploration from the UK. Accounting, Auditing & 

Accountability Journal, 19(2), 228.

 

Murray, G. (2007). Constructing Paradise: The Impacts of Big Tourism in the Mexican Coastal Zone. 

Coastal Management, 35(2/3), 339-355.

 

Nafi, S. M., & Ahmed, T. (2017). Sustainable tourism in Saint Martin Island: An observation on 

young tourist perception and awareness level. IOSR Journal of Humanities and Social Science 

(IOSR-JHSS), 22(10), 73-80.

 

Nakamura, A., Burwell, C. J., Lambkin, C. L., Katabuchi, M., McDougall, A., Raven,

R. J., & Neldner, V. J. (2015). The role of human disturbance in island biogeography of arthropods 

and plants: an information theoretic approach. Journal of Biogeography, 42(8), 1406-1417.

 

Navarro Jurado, E., Damian, I. M., & Fernández-Morales, A. (2013). Carrying Capacity Model Applied 

In Coastal Destinations. Annals of Tourism Research, 43(0), 1-

19. doi: http://dx.doi.org/10.1016/j.annals.2013.03.005

 

Nejati, M., Mohamed, B., & Omar, S. I. (2015). The Influence of Perceived Environmental Impacts of 

Tourism on the Perceived Importance of Sustainable Tourism. E-review of Tourism Research, 12.

 

Nelson, K. E. (2009). It's Time for the Bottom Line to Get a Little Bigger. Integral Leadership 

Review, 9(5), 1-12.

 

Netto, A. P. (2009). What is Tourism? Definitions, Theoretical Phases and Principles. In J. Tribe 

(Ed.), Philosophical Issues in Tourism. Bristol: Channel View Publications.

 

Neumayer, E. (1999). The ISEW – Not an Index of Sustainable Economic Welfare.

Social Indicators Research, 48(1), 77-101.

 

Neumayer, E. (2000). Scarce or abundant? The economics of natural resource availability. Journal of 

Economic Surveys, 14(3), 307-335.

 

Neurath, P. (2017). From Malthus to the Club of Rome and Back: problems of limits to growth, 

population control and migrations: Routledge.

 

Nickerson, N. P., Jorgenson, J., & Boley, B. B. (2016). Are sustainable tourists a higher spending 

market? Tourism Management, 54, 170-177.

 

Nicolau, J. L., Zach, F. J., & Tussyadiah, I. P. (2018). Effects of distance and first-time 

visitation on tourists’ length of stay. Journal of Hospitality & Tourism Research, 42(7), 

1023-1038.

 

Nordhaus, W. D., & Tobin, J. (1971). Is Growth Obsolete? Paper presented at the Conference on the 

Measurement of Economic and Social Performance, Princeton University.

 

Norgaard, R. B. (1989). Three dilemmas of environmental accounting. Ecological Economics, 1(4), 

303-314.

 

Norman, W., & MacDonald, C. (2004). Getting to the Bottom of 'Triple Bottom Line'.

Business Ethics Quarterly, 14(2), 243-262.

 

Northcote, J., & Macbeth, J. (2006). Conceptualizing yield: Sustainable Tourism Management.  Annals 

 of  Tourism  Research,  33(1),  199-220.  doi: http://dx.doi.org/10.1016/j.annals.2005.10.012

 

Obst, C., & Vardon, M. (2014). Recording environmental assets in the national accounts. Oxford 

Review of Economic Policy, 30(1), 126-144.

 

Obst, C., Hein, L., & Edens, B. (2016). National accounting and the valuation of ecosystem assets 

and their services. Environmental and Resource Economics, 64(1), 1-23.

 

Odum, E. P., & Barrett, G. W. (2005). Fundamentals of Ecology: Thomson Brooks/Cole.

 

O'Dwyer, B. (2005). Stakeholder democracy: challenges and contributions from social accounting. 

Business Ethics, 14(1), 28.

 

O'Loughlin, C. (1971). National Economic Accounting. Oxford: Pergamon Press Ltd. O'Loughlin, C. 

(2014). National Economic Accounting: The Commonwealth and

International  Library:  Social  Administration,  Training  Economics  and

Production Division. In R. Brown, G. Chandler & W. A. Davis (Eds.): Elsevier Science. (Reprinted 

from: National Economic Accounting, 1971).

 

Opschoor, J. B. (1998). The value of ecosystem services: whose values? Ecological Economics, 25(1), 

41-43.

 

O'Reilly, A. M. (1986). Tourism carrying capacity: Concept and issues. Tourism Management, 7(4), 

254-258. doi: 10.1016/0261-5177(86)90035-x

 

Oreja Rodríguez, J. R., Parra-López, E., & Yanes-Estévez, V. (2008). The sustainability of island 

destinations: Tourism area life cycle and teleological perspectives. The case  of  Tenerife.  

Tourism  Management,  29(1),  53-65.  doi: http://dx.doi.org/10.1016/j.tourman.2007.04.007

 

Ostergaard-Klem, R., & Oleson, K. L. (2014). GPI island style: localizing the genuine progress 

indicator to Hawaii. Environmental Practice, 16(3), 182-193.

 

Othman, F., Yahya, K., Mohamed, B., Mohamed, B., & Bahauddin, A. (2013). Visitors And Physical 

Development Carrying Capacity In Malaysian Marine Parks. Building The Future Of Tourism, 73.

 

Page, S. J., & Connell, J. (2009). Tourism: A Modern Synthesis (Third Edition ed.).

Hampshire: South-Western Cengage Learning.

 

Pallant, J. (2001). SPSS survival manual: A step by step guide to data analysis using SPSS for 

Windows (versions 10 and 11): SPSS student version 11.0 for Windows: Open University Press.

 

Papayannis, T. (2017). Tourism carrying capacity in areas of ecological importance The Challenge of 

Tourism Carrying Capacity Assessment (pp. 167-178): Routledge.

 

Parker, L. D. (2005). Social and environmental accountability research: A view from the commentary 

box. Accounting, Auditing and Accountability Journal, 18(6), pp 842-860.

 

Parpairis, A. (2004). Tourism Carrying Capacity Assessment in Islands. In H. Coccossiss & A. Mexa 

(Eds.), The Challenge of Tourism Carrying Capacity Assessment: Theory and Practice (pp. 201-214). 

Surrey, England: Ashgate.

 

Patterson, T. M., Niccolucci, V., & Marchettini, N. (2008). Adaptive environmental management of 

tourism in the Province of Siena, Italy using the ecological footprint. Journal of Environmental 

Management, 86(2), 407-418. doi: http://dx.doi.org/10.1016/j.jenvman.2006.04.017

 

Pazienza, P. (2004). A Multidimentional Tourism Carrying Capacity Model: An Emperical Approach. 

Dipartimento di Scienze Economiche, Matematiche e Statistiche: Facolta di Economia dell'Universita 

degli Studi di Foggia, Italy.

 

Pearce, D. G. (2012). Frameworks for Tourism Research: CAB International. Peragallo, E. (1938). 

Origin and Evolution of Double Entry Bookkeeping. New York:

 

American Institute Publishing Company,1938; Reprinted by Nihon Shoseki Ltd

:Osaka, 1974.

 

Peskin, H. M. (1989a). Environmental and Nonmarket Accounting in Developing Countries. In Y. J. 

Ahmad, S. El-Serafy & E. Lutz (Eds.), Environmental Accounting  for  Sustainable  Development:  

selected  papers  from  joint UNEP/World Bank workshops. Washington DC: The World Bank.

 

Peskin, H. M. (1989b). A Proposed Environmental Accounts Framework. In Y. J. Ahmad, S. El-Serafy & 

E. Lutz (Eds.), Environmental Accounting for Sustainable Development: selected papers from joint 

UNEP/World Bank workshops. Washington DC: The World Bank.

 

Pigou, A. C. (1951). Some Aspects of Welfare Economics. American Economic Review, 41(3), 287.

 

Pin, A. (2014). The contribution of Luca Pacioli to the development of business accounting. Paper 

presented at the Proceedings of the Conference Accounting and Economics: In Honour of the 500th 

Anniversary of the Publication of Luca Pacioli's Summa de Arithmetica, Geometria, Proportioni Et 

Propotionalita, Siena, 18-19 November 1992.

 

Popescu, G. H. (2016). Does economic growth bring about increased happiness?

Journal of Self-Governance and Management Economics, 4(4), 27-33.

 

Portela, R., Alam, M., Schneider, C., & Juhn, D. (2018). Ecosystem accounting for water and 

biodiversity policies: Experience from a pilot project in Peru. Natural Capital Accounting for 

Better Decision Making, 151.

 

Postner, H. H. (1986). Microbusiness Accounting and Macroeconomic Accounting: The Limits to 

Consistency. Review of Income & Wealth, 32(3), 217-244.

 

Pratt, S. (2015). The economic impact of tourism in SIDS. Annals of Tourism Research, 52, 148-160.

 

Presenza, A., Del Chiappa, G., & Sheehan, L. (2013). Residents’ engagement and local tourism 

governance in maturing beach destinations. Evidence from an Italian case study. Journal of 

Destination Marketing & Management, 2(1), 22-30. doi: http://dx.doi.org/10.1016/j.jdmm.2013.01.001

 

Pritchard Jr, L., Folke, C., & Gunderson, L. (2000). Valuation of Ecosystem Services in 

Institutional Context. Ecosystems, 3, 36-40.

 

Pulido-Fernández, J. I., Carrillo-Hidalgo, I., & Mudarra-Fernández, A. B. (2019). Factors 

Influencing Tourism Expenditure on Accommodation in World Heritage Cities Trends in Tourist 

Behavior (pp. 209-224): Springer.

 

Pulliam, H. R., & Haddad, N. M. (1994). Human population growth and the carrying capactiy concept. 

Bulletin of the Ecological Society of America(75), 141-157.

 

Pulselli, F. M., Ciampalini, F., Tiezzi, E., & Zappia, C. (2006). The index of sustainable economic 

welfare (ISEW) for a local authority: A case study in Italy. Ecological Economics, 60(1), 271-281.

 

Purcell, S. W., Mercier, A., Conand, C., Hamel, J. F., Toral‐Granda, M. V., Lovatelli, A., & 

Uthicke, S. (2013). Sea cucumber fisheries: global analysis of stocks, management measures and 

drivers of overfishing. Fish and Fisheries, 14(1), 34- 59.

 

Ragab, A. M., & Meis, S. (2016). Developing environmental performance measures for tourism using a 

Tourism Satellite Accounts approach: A pilot study of the accommodation industry in Egypt. Journal 

of Sustainable Tourism, 24(7), 1007- 1023.

 

Ramanathan, K. V. (1976a). Toward A Theory of Corporate Social Accounting.

Accounting Review, 51(3), 516-528.

 

Ramdas, M., & Mohamed, B. (2017). Perceptions of Visitors and Residents on Impact of Tourism 

Activities towards Quality of Water in Redang and Perhentian Islands, Malaysia. Asian Journal of 

Technical Vocational Education and Training, 2(March), 1 - 7.

 

Ramli, F., Samdin, Z., & Ghani, A. (2017). Willingness to pay for conservation fee using contingent 

valuation method: The case of Matang Mangrove Forest Reserve, Perak, Malaysia. Malaysian Forester, 

80(1), 99-110.

 

Ramli, M. F., & Idris, H. (2016). Pembangunan Mampan Pelancongan Maritim Di Pulau  Perhentian,  

Terengganu  (Sustainable  Tourism  Development  At Perhentian Island, Terengganu). Jati-Journal Of 

Southeast Asian Studies, 21, 108-124.

 

Rasoolimanesh, S. M., Jaafar, M., Marzuki, A., & Abdullah, S. (2017). Tourist’s perceptions of 

crowding at recreational sites: the case of the Perhentian Islands. Anatolia, 28(1), 41-51.

 

Ratanajongkol, S., Davey, H., & Low, M. (2006). Corporate social reporting in Thailand. Qualitative 

Research in Accounting and Management, 3(1), 67.

 

Rawi, S. B. (2012). The use of choice modelling in assessing tourists destinations: a case study of 

Redang Marine Park (RMP) Malaysia. Newcastle University.

 

Redclift, M. (2005). Sustainable development (1987-2005): an oxymoron comes of age.

Sustainable Development, 13(4), 212.

 

Reef Check Malaysia. (2015). Status of Coral Reefs in Malaysia, 2015. Retrieved from Reef Check 

Malaysia website: http://www.reefcheck.org.my/

 

Rees, W. E. (1998). How should a parasite value its host? Ecological Economics, 25(1), 49-52.

 

Rees, W. E. (2017). Ecological Footprints and Appropriated Carrying Capacity: What Urban  Economics 

 Leaves  Out.  Urbanisation,  2(1),  66-77.  doi: 10.1177/2455747117699722

 

Remme, R. P., Edens, B., Schröter, M., & Hein, L. (2015). Monetary accounting of ecosystem 

services: A test case for Limburg province, the Netherlands. Ecological     Economics,     112(0),  

   116-128.     doi: http://dx.doi.org/10.1016/j.ecolecon.2015.02.015

 

Riccaboni, A., Giovannoni, E., Giorgi, A., & Moscadelli, S. (2006). Accounting and power: evidence 

from the fourteenth century. Accounting History, 11(1), 41.

 

Richardson, G. B. (2003). Economic Theory Routledge Library Editions (Vol. 4). Great Britain: 

Routledge. (Reprinted from: Economic Theory, 1964).

 

Rosmini, I., Forgie, V., & Khalizul, K. (2012). Bridging the Environmental Accounting Gaps between 

Accounting and Economics Disciplines. American Journal of Finance and Accounting, 2(4), 297-310.

 

Roth, H. P. (1982). A Role for Small Businesses in the Social Accounting Area. Journal of Small 

Business Management, 20(1), 27.

 

Ruhanen, L., Weiler, B., Moyle, B. D., & McLennan, C.-l. J. (2015). Trends and patterns in 

sustainable tourism research: a 25-year bibliometric analysis. Journal of Sustainable Tourism, 

23(4), 517-535.

 

Saat, S. A. (2017). The Needs of Sustainability Solid Waste Management in Perhentian Island, 

Terengganu. Paper presented at the The European Conference on Sustainability, Energy & the 

Environment 2017, July 7 - July 9, 2017, The Jurys Inn Brighton Waterfront, Brighton, United 

Kingdom.

 

Saat, S. A., Saputra, J., Jamin, R. M., Muhamad, R., & Muhamad, R. (2019). A Study of Supply Chain 

Management for Sustainable Solid Waste Plan in Perhentian Island, Terengganu. Int. J Sup. Chain. 

Mgt Vol, 8(5), 1022.

 

Saayman, M., & Saayman, A. (2018). Are there economic benefits from marine protected areas? An 

analysis of scuba diver expenditure. European Journal of Tourism Research, 19, 23-39.

 

Salerno, F., Viviano, G., Manfredi, E. C., Caroli, P., Thakuri, S., & Tartari, G. (2013). Multiple  

Carrying  Capacities  from  a  management-oriented  perspective to operationalize  sustainable  

tourism  in  protected  areas.  Journal  of Environmental     Management,     128(0),     116-125.  

   doi: http://dx.doi.org/10.1016/j.jenvman.2013.04.043

 

Salleh, N. H. M., Othman, R., Sarmidi, T., Jaafar, A., & Norghani, B. (2012). Tourist satisfaction 

of the environmental service quality for Tioman Island Marine Park.

 

Saravanan, K., Ramachandran, S., & Baskar, R. (2004). Principles Of Environmental Science And 

Technology. New Delhi, India: New Age International (P) Limited.

 

Sattout, E. J., Talhouk, S. N., & Caligari, P. D. S. (2007). Economic value of cedar relics in 

Lebanon: An application of contingent valuation method for conservation. Ecological Economics, 

61(2-3), 315-322.

 

Saveriades, A. (2000). Establishing the social tourism carrying capacity for the tourist resorts of 

the east coast of the Republic of Cyprus. Tourism Management, 21(2), 147-156. doi: 

http://dx.doi.org/10.1016/S0261-5177(99)00044-8

 

Schläpfer, F., Roschewitz, A., & Hanley, N. (2004). Validation of stated preferences for public 

goods: a comparison of contingent valuation survey response and voting behaviour. Ecological 

Economics, 51(1-2), 1-16.

 

Schreuder, H. (1981). Employees and the Corporate Social Report: The Dutch Case.

The Accounting Review, 56(2), 294.

 

Serafy, S. E. (1998). Pricing the invaluable:: the value of the world's ecosystem services and 

natural capital. Ecological Economics, 25(1), 25-27.

 

Seraphin, H., Sheeran, P., & Pilato, M. (2018). Over-tourism and the fall of Venice as a 

destination. Journal of Destination Marketing & Management, 9, 374-376.

 

Shahbaz, M., Haouas, I., & Van Hoang, T. H. (2019). Economic growth and environmental degradation 

in Vietnam: Is the environmental Kuznets curve a complete picture? Emerging Markets Review, 38, 

197-218.

 

Shahbaz, M., Ozturk, I., Afza, T., & Ali, A. (2013). Revisiting the environmental Kuznets curve in 

a global economy. Renewable and Sustainable Energy Reviews, 25(0), 494-502. doi: 

http://dx.doi.org/10.1016/j.rser.2013.05.021

 

Shaw, W. D. (1992). Searching for the opportunity cost of an individual's time. Land Economics, 

68(1), 107.

 

Siew, M. K., Yacob, M. R., Radam, A., Adamu, A., & Alias, E. F. (2015). Estimating willingness to 

pay for wetland conservation: a contingent valuation study of Paya Indah Wetland, Selangor 

Malaysia. Procedia Environmental Sciences, 30, 268-272.

 

Singh, A. S., & Masuku, M. B. (2014). Sampling techniques & determination of sample size in applied 

statistics research: An overview. International Journal of Economics, Commerce and Management, 

2(11), 1-22.

 

Singh, K., & Shishodia, A. (2007).  Environmental Economics: Theory and Applications. New Delhi: 

Sage Publications India Pvt Ltd.

 

Smith, V. K., Desvousges, W. H., & McGivney, M. P. (1983). The Opportunity Cost of Travel Time in 

Recreation Demand Models. Land Economics, 59(3), 259-278.

 

Solís-Guzmán, J., Marrero, M., & Ramírez-de-Arellano, A. (2013). Methodology for determining the 

ecological footprint of the construction of residential buildings in  Andalusia  (Spain).  

Ecological  Indicators,  25(0),  239-249.  doi: http://dx.doi.org/10.1016/j.ecolind.2012.10.008

 

Song, H., & Li, G. (2008). Tourism demand modelling and forecasting—A review of recent research. 

Tourism Management, 29(2), 203-220.

 

Spicer, B. H. (1978). Investors, Corporate Social Performance and Information Disclosure: An 

Empirical Study. The Accounting Review, 53(1), 94.

 

Stabler, M. J., Papatheodorou, A., & Sinclair, M. T. (2010). The economics of tourism.

London: Routledge.

 

Stahmer, C. (1996). Environmental Accounting for Sustainable Development: System for Integrated and 

Economic Accounting (SEEA) Conceptual and Theoretical Issues. Journal of Economic Cooperation among 

Islamic Countries, 17(1-2), 133-154.

 

Stern, D. I. (2004). The Rise and Fall of Environmental Kuznets Curve. World Development, 32(8), 

1419-1439.

 

Steurer, R., Langer, M. E., Konrad, A., & Martinuzzi, A. (2005). Corporations, Stakeholders and 

Sustainable Development I: A Theoretical Exploration of Business-Society Relations. Journal of 

Business Ethics, 61(3), 263.

 

Stockhammer, E., Hochreiter, H., Obermayr, B., & Steiner, K. (1997). The index of sustainable 

economic welfare (ISEW) as an alternative to GDP in measuring economic welfare. The results of the 

Austrian (revised) ISEW calculation 1955- 1992. Ecological Economics, 21(1), 19-34.

 

Strasser, E. H., & Heath, J. A. (2013). Reproductive failure of a human‐tolerant species, the 

American kestrel, is associated with stress and human disturbance. Journal of Applied Ecology, 

50(4), 912-919.

 

Stynes, D. J. (1999a). Approaches to estimating the economic impacts of tourism; some examples. 

East Lansing, MI: Department of Park, Recreation and Tourism Resources, Michigan State University.

 

Stynes, D. J. (1999b). Guidelines for Measuring Visitor Spending.  Retrieved 26 September, 2015, 

from https://www.msu.edu/course/.../ecimpvol3.pdf

 

Stynes, D. J. (2005). Economic significance of recreational uses of national parks and other public 

lands. Social science Research Review. Washington, National Park Service Social Science Program. 5: 

35. Retrived 20 August, 2017 from 

https://digitalcommons.usu.edu/cgi/viewcontent.cgi?article=1422&context=go vdocs

 

Stynes, D. J. (2009). National Park visitor spending and payroll impacts. Michigan State 

University, Department of Community, Agriculture, Recreation and Resource Studies.

 

Stynes, D. J., & Sun, Y.-Y. (2004). Economic impacts of national heritage area visitor spending; 

Summary results from seven national heritage area visitor surveys: Michigan State University.

 

Stynes, D. J., & Sun, Y.-Y. (2005). Economic impacts of Grand Canyon National Park visitor spending 

on the local economy, 2003: Michigan State University.

 

Stynes, D. J., & White, E. M. (2006). Reflections on measuring recreation and travel spending. 

Journal of Travel Research, 45(1), 8-16.

 

Stynes, D. J., Propst, D. B., Chang, W., & Sun, Y. (2000). Estimating national park visitor 

spending and economic impacts: The MGM2 model. Report to the National Park Service. East Lansing, 

MI: Department of Park, Recreation and Tourism Resources, Michigan State University.

 

Sun, Y.-Y. (2014). A framework to account for the tourism carbon footprint at island destinations. 

Tourism Management, 45, 16-27.

 

Sun, Y.-Y., & Stynes, D. J. (2006). A note on estimating visitor spending on a per- day/night 

basis. Tourism Management, 27(4), 721-725.

 

Sun, Y.-Y., Lenzen, M., & Liu, B.-J. (2019). The national tourism carbon emission inventory: its 

importance, applications and allocation frameworks. Journal of Sustainable Tourism, 1-20.

 

Sun, Y.-Y., Wong, K.-F., & Lai, H.-C. (2010). Statistical properties and survey design of visitor 

spending using segmentation. Tourism Economics, 16(4), 807-832.

 

Swanson, G. A., & Martin Freedman and Bikki, J. (2006). A Systems View of the Environment  of 

Environmental  Accounting  Advances  in  Environmental Accounting and Management (Vol. Volume 3, 

pp. 169-193): No longer published by Elsevier.

 

Talberth, J., & Bohara, A. K. (2006). Economic openness and green GDP. Ecological Economics, 58(4), 

743-758.

 

Talberth, J., & Weisdorf, M. (2017). Genuine progress indicator 2.0: pilot accounts for the US, 

Maryland, and City of Baltimore 2012–2014. Ecological Economics, 142, 1-11.

 

Tan, B. C., Khan, N., & Lau, T. C. (2018). Investigating the determinants of green restaurant 

patronage intention. Social Responsibility Journal, 14(3), 469-484.

 

Tang, M., & Ge, S. (2018). Accounting for carbon emissions associated with tourism- related 

consumption. Tourism Economics, 24(5), 510-525.

 

Taylor, T. (2015). Carrying Capacity: A Concept for Guiding Brook Trout Stocking on Owhi Lake, WA. 

Paper presented at the 145th Annual Meeting of the American Fisheries Society.

 

Taylor, T. C. (1976). The illusions of social accounting. The CPA Journal (pre-1986), 46(000001), 

24.

 

Teh, L. S., Teh, L. C., & Jolis, G. (2018). An economic approach to marine megafauna conservation 

in the coral triangle: Marine turtles in Sabah, Malaysia. Marine Policy, 89, 1-10.

 

Teh, L., & Cabanban, A. S. (2007). Planning for sustainable tourism in southern Pulau Banggi: An 

assessment of biophysical conditions and their implications for future tourism development. Journal 

of Environmental Management, 85(4), 999-1008.

 

Terama, E., Milligan, B., Jiménez-Aybar, R., Mace, G. M., & Ekins, P. (2016). Accounting for the 

environment as an economic asset: global progress and realizing the 2030 Agenda for Sustainable 

Development. Sustainability science, 11(6), 945-950.

 

Theys, J. (1989). Environmental Accounting in Development Policy: The French Experience. In Y. J. 

Ahmad, S. El-Serafy & E. Lutz (Eds.), Environmental Accounting  for  Sustainable  Development:  

selected  papers  from  joint UNEP/World Bank workshops. Washington DC: The World Bank.

 

Thrane, C., & Farstad, E. (2011). Domestic tourism expenditures: The non-linear effects of length 

of stay and travel party size. Tourism Management, 32(1), 46-52. doi: 

http://dx.doi.org/10.1016/j.tourman.2009.11.002

 

Thrane, C., & Farstad, E. (2012). Nationality as a segmentation criterion in tourism research: The 

case of international tourists' expenditures while on trips in Norway. Tourism Economics, 18(1), 

203-217.

 

Tilt, C. A. (1994). The influence of external pressure groups on corporate social disclosure: Some 

empirical evidence. Accounting, Auditing & Accountability Journal, 7(4), 47.

 

Tisdell, C. A. (1991). Economics of Environmental Conservation: Economics for Environmental & 

Ecological Management: Amsterdam: Elsevier.

 

Tkaczynski, A., Rundle-Thiele, S. R., & Beaumont, N. (2009). Segmentation: A tourism  stakeholder  

view.  Tourism  Management,  30(2),  169-175.  doi: http://dx.doi.org/10.1016/j.tourman.2008.05.010

 

Tkaczynski, A., Rundle-Thiele, S. R., & Prebensen, N. K. (2015). Segmenting potential nature-based 

tourists based on temporal factors: The case of Norway. Journal of Travel Research, 54(2), 251-265.

 

Tourism Malaysia. (2016). Malaysia Tourism Statistics in Brief.  Retrieved 1st February, 2016, from 

http://www.tourism.gov.my/statistics

 

Tourism Malaysia. (2019). Malaysia Tourism Statistics in Brief.  Retrieved 1st February, 2019, from 

http://www.tourism.gov.my/statistics

 

Tourism Planning Research Group (TPRG). (2015). Study on the Repositioning Pulau Perhentian as a 

Premier Ecotourism Destination. Putrajaya: Tourism Malaysia

Retrieved                                    from

http://www.dmpm.nre.gov.my/images/webuser/docs/Laporan%20Akhir%20P 

ERHENTIAN%20Ecotourism%20plan%20BM.pdf.

 

Tsang, E. W. K. (1998). A longitudinal study of corporate social reporting in Singapore The case of 

the banking, food and beverages and hotel industries. Accounting, Auditing & Accountability 

Journal, 11(5), 624.

 

Turner, R. K., Adger, W. N., & Brouwer, R. (1998). Ecosystem services value, research needs, and 

policy relevance: a commentary. Ecological Economics, 25(1), 61- 65.

 

U.S Environmental Protection Agency. (1995). An Introduction to Environmental Accounting As a 

Business Managment Tool: Key Concept and Terms. Washington D.C: United States Environmental 

Protection Agency.

 

Ullmann, A. A. (1976). The corporate  environmental accounting system:  A management  tool  for  

fighting  environmental  degradation.  Accounting, Organizations and Society, 1(1), 71-79.

 

United Nation Statistics Divisions. (2013). Historic Versions of the System of National Accounts.   

       Retrieved    13    August    2013,    from 

http://unstats.un.org/unsd/nationalaccount/hsna.asp

 

United Nation. (2003). Handbook of National Accounting: Integrated Environmental and Economic 

Accounting 2003(Final draft): United Nation, European Commission, IMF, OECD, World Bank.

 

United Nation. (2014). System of Environmental-Economic Accounting 2012 Central Framework. New 

York: United Nations, European Union, Food and Agriculture Organization of the United Nations, 

International Monetary Fund, Organisation for Economic Co-operation and Development, The World 

Bank.

 

United Nation. (2015). SEEA Revision.  Retrieved 24 September 2015, 2015, from 

http://unstats.un.org/unsd/envaccounting/seearev/

 

United Nations (UN). (2010). The London Group of Environmental Accounting. Retrieved       15       

March       2010,       from http://unstats.un.org/unsd/envaccounting/londongroup/history.asp

 

United Nations, European Commission, Food and Agricultural Organization of the United Nations, 

International Monetary Fund, Organisation for Economic Co- operation and Development, & The World 

Bank. (2014a). System of Environmental-Economic   Accounting   2012-Central   Framework. 

https://unstats.un.org/unsd/envaccounting/seeaRev/SEEA_CF_Final_en.pdf

 

United Nations, European Commission, Food and Agricultural Organization of the United Nations, 

International Monetary Fund, Organisation for Economic Co- operation and Development, & The World 

Bank. (2014b). System of Environmental-Economic  Accounting  2012  –  Experimental  Ecosystem 

Accounting. .

 

UNWTO. (2012). World Tourism Organization UNWTO. Retrieved 1 st August 2012, 2012, from 

http://www2.unwto.org/

 

Vaghefi, N., Siwar, C., & Aziz, S. A. A. G. (2015). Green GDP and sustainable development in 

malaysia. Current World Environment, 10(1), 1.

 

Valentin, A., & Spangenberg, J. H. (2000). A guide to community sustainability indicators. 

Environmental Impact Assessment Review, 20(3), 381-392.

 

Valero, A., & Valero, A. (2018). Accounting for Mineral Depletion Under the UN- SEEA Framework 

Sustainability Assessment and Reporting: IntechOpen.

 

Van den Bergh, J. C. (2010). Externality or sustainability economics? Ecological Economics, 69(11), 

2047-2052.

 

Vandarakis, D., Kyriakou, K., Sourianos, E., Hatiris, G., Kapsimalis, V., & Sioulas, A. (2018). 

Carrying capacity assessment and environmentally-friendly based plans for tourism development in 

Rhodes Island, Greece.

 

Vardon, M., Burnett, P., & Dovers, S. (2016). The accounting push and the policy pull: balancing 

environment and economic decisions. Ecological Economics, 124, 145-152.

 

Vardon, M., King, S., Juhn, D., Bass, S., Burnett, P., Rodriguez, C. M., & Johansson,

S. (2017). The Aichi Targets and Biodiversity Conservation–the Role of Natural Capital Accounting. 

Better Policy through Natural Capital Accounting: Stocktaking and Ways Forward, 17, 193.

 

Vatn, A. (2004). Environmental Valuation and Rationality. Land Economics, 80(1), 1. Vatn, A., & 

Bromley, D. W. (1997). Externalities—a market model failure.

Environmental and Resource Economics, 9(2), 135-151.

 

Verhoef, E. T. (2002). Externalities. Handbook of environmental and resource economics, 197.

Vianna, G. M., Meekan, M. G., Rogers, A. A., Kragt, M. E., Alin, J. M., & Zimmerhackel, J. S. 

(2018). Shark-diving tourism as a financing mechanism for shark conservation strategies in 

Malaysia. Marine Policy, 94, 220-226.

 

Wackernagel, M. (2009). Methodological advancements in footprint analysis.

Ecological Economics, 68(7), 1925-1927.

 

Wackernagel, M., Onisto, L., Bello, P., Callejas Linares, A., Susana López Falfán, I., Méndez 

Garcı́a, J., . . . Guadalupe Suárez Guerrero, M. (1999). National natural capital accounting with 

the ecological footprint concept. Ecological Economics, 29(3), 375-390. doi: 

http://dx.doi.org/10.1016/S0921-8009(98)90063-5

 

Walker, B. H., & Pearson, L. (2007). A resilience perspective of the SEEA. Ecological Economics, 

61(4), 708-715.

 

Walker, C. C., Mair, S., & Druckman, A. (2018). A Theory of Change Approach for Measuring Economic 

Welfare Beyond GDP.

 

Wall, G. (1982). Cycles and capacity: Incipient theory or conceptual contradiction? Tourism 

Management, 3(3), 188-192. doi: http://dx.doi.org/10.1016/0261- 5177(82)90067-X

 

Wang, K., Luo, Q., & Zang, X. (2015). Studies on Ecological Environmental Carrying Capacity in 

 

Beijing, Tianjin, and Hebei Region Report on Development of Beijing, Tianjin, and Hebei Province 

(2013) (pp. 119-137): Springer.

 

Wang, P., Ya, J., Zhong, L., & Mei, R. (2016). Respondent uncertainty and reliability in contingent 

valuation—A case of the Dalai Lake protected area. Limnologica, 58, 59-68.

 

Wang, Y., & Wall, G. (2007). Administrative arrangements and displacement compensation in top-down 

tourism planning-A case from Hainan Province, China. Tourism Management, 28(1), 70-82.

 

WCED. (1987). Our Common Future. Oxford: Oxford University Press.

Weber, J.-L. (2014). Ecosystem natural capital accounts: a quick start package.

Technical Series, 77.

 

Wei, Y., Huang, C., Li, J., & Xie, L. (2016). An evaluation model for urban carrying capacity: A 

case study of China's mega-cities. Habitat International, 53, 87-96.

 

Welgamage, P.-P. L. (2015). Tourism economics in Sri Lanka: An econometric analysis. International 

Journal of Business and Social Research, 5(1), 90-101.

 

Wen, Z., Zhang, K., Du, B., Li, Y., & Li, W. (2007). Case study on the use of genuine progress 

indicator to measure urban economic welfare in China. Ecological Economics, 63(2-3), 463-475.

 

Westing, A. H. (1986). International cooperation for sustainable development and peace. 

Environmental Conservation, 13(2), 97.

 

White, E. M., Goodding, D. B., & Stynes, D. J. (2013). Estimation of national forest visitor 

spending averages from National Visitor Use Monitoring: round 2: Citeseer.

 

Whitehead, P. C., & Avison, W. R. (1999). Comprehensive Evaluation: The Intersection of Impact 

Evaluation and Social Accounting. Canadian Journal of Program Evaluation/La Revue canadienne 

d'evaluation  de programme, v14(n1), p65.

 

Wild, J. J., Kwok, W., Shaw, K. W., & Chiappetta, B. (2015). Principles of Financial Accounting: 

McGraw-Hill Education.

 

Williams, C. C., & Millington, A. C. (2004). The Diverse and Contested Meaning of Sustainable 

Development. The Geographical Journal, 170(2), pp 99-104.

 

Wilson, S. P., & Verlis, K. M. (2017). The ugly face of tourism: Marine debris pollution linked to 

visitation in the southern Great Barrier Reef, Australia. Marine Pollution Bulletin, 117(1-2), 

239-246.

 

Wiseman, J. W. (1982). An Evaluation of Environmental Disclosures Made in Corporate Annual Reports. 

Accounting, Organizations and Society, 7(1), 53.

 

Witten, J. D. (2001). Carrying Capacity And The Comprehensive Plan: Establishing And Defending 

Limits To Growth. Boston College Environmental Affairs Law Review, 28(4), 583.

 

World Tourism Organisation (UNWTO). (2016). Tourism - an economic and social phenomenon.        

Retrieved   1st   February,   2016,   from http://www2.unwto.org/content/why-tourism

 

World Tourism Organization (UNWTO). (2013). UNWTO Tourism Highlights 2013 Editions. In UNWTO 

(Series Ed.) (2013 ed.). Madrid, Spain: UNWTO.

 

World Tourism Organization. (1981). Saturation of Tourist Destinations: Report of the Secretary 

General. Madrid.

 

World Travel &Tourism Council (WTTC). (2014). Travel & Tourism Economic Impact 2014 - Malaysia. 

WTTC Economic Impact. Retrieved from World Travel & Tourism    Council    (WTTC)    website:    

http://www.wttc.org/-

/media/files/reports/economic%20impact%20research/country%20reports/mal aysia2014.pdf

 

World Travel &Tourism Council (WTTC). (2015). Travel & Tourism Economic Impact 2015 - Malaysia. 

WTTC Economic Impact. Retrieved from World Travel & Tourism Council (WTTC) website: 

http://www.wttc.org/research/economic- research/economic-impact-analysis/country-reports/#undefined

 

World Travel &Tourism Council (WTTC). (2018). Economic Impact 2019. Top 20 Countries - Largest 

Contribution Oo Travel & Tourism Gdp. Retrieved April, 2019, from 

https://www.wttc.org/economic-impact/

 

Xiaojiang, Y. (2008). Growth and degradation in the Orient's 'Las Vegas': issues of environment in 

Macau. International Journal of Environmental Studies, 65(5), 667-683.

 

Yacob, M. R., Radam, A., & Shuib, A. (2009). A Contingent Valuation Study of Marine Parks 

Ecotourism: The Case of Pulau Payar and Pulau Redang in Malaysia. Journal of Sustainable 

Development, 2(2), 95-105.

 

Yang, J., Ryan, C., & Zhang, L. (2013). Social conflict in communities impacted by tourism.    

Tourism    Management,    35(0),    82-93.    doi: http://dx.doi.org/10.1016/j.tourman.2012.06.002

 

Yellishetty, M., Mudd, G. M., & Ranjith, P. (2011). The steel industry, abiotic resource depletion 

and life cycle assessment: a real or perceived issue? Journal of Cleaner Production, 19(1), 78-90.

 

Yue, T.-X., Tian, Y.-Z., Liu, J.-Y., & Fan, Z.-M. (2008). Surface modeling of human carrying 

capacity of terrestrial ecosystems in China. Ecological Modelling, 214(2–4), 168-180. doi: 

http://dx.doi.org/10.1016/j.ecolmodel.2008.01.025

 

Yusof, Y., Awang, Z., Jusoff, K., & Ibrahim, Y. (2017). The influence of green practices by 

non-green hotels on customer satisfaction and loyalty in hotel and tourism industry. International 

Journal of Green Economics, 11(1), 1-14.

 

Yusof, Y., Ibrahim, Y., & Awang, Z. (2018). Awareness of Environmental Issues Among  Consumers  in  

the  Malaysian  Hotel  Industry  Driving  Green Consumerism Through Strategic Sustainability 

Marketing (pp. 1-22): IGI Global.

 

Yusof, Z. B., & Jamaludin, M. (2018). Green Operation Barriers of Malaysia Green Operators. Asian 

Journal of Quality of Life, 3(9), 77-86.

 

Zhang, L.-Y., & Chung, S.-s. (2015). Assessing the social carrying capacity of diving sites in 

Mabul Island, Malaysia. Environmental Management, 56(6), 1467-1477.

 

Zhang, L.-Y., Chung, S.-s., & Qiu, J.-w. (2016). Ecological carrying capacity assessment of diving 

site: A case study of Mabul Island, Malaysia. Journal of Environmental Management, 183, 253-259.

 

Zhao, G., Liu, J., Kuang, W., Ouyang, Z., & Xie, Z. (2015). Disturbance impacts of

land use change on biodiversity conservation priority areas across China: 1990– 2010. Journal of 

Geographical Sciences, 25(5), 515-529.

 

Zhao, G., Mu, X., Wen, Z., Wang, F., & Gao, P. (2013). Soil erosion, conservation, and 

eco‐environment changes in the loess plateau of China. Land Degradation &

Development, 24(5), 499-510.