Aspects Of Company Performance Research Articles

Balancing Green and Gold: The Link Between Sustainability Reporting and Corporate Reputation in Malaysia

Corporate reputation has gained significant attention within academic circles and emerged as a critical concern in practical business contexts. However, prior studies on this topic have been somewhat fragmented, creating fertile ground for exploring new research avenues, particularly in assessing reputation. Sustainability reporting, corporate governance, and company attributes have been associated with enhancing corporate reputation. Nevertheless, there remains a dearth of research exploring these variables' impact on the novel reputation measurement proxy, especially in emerging economies like Malaysia. Therefore, this study investigates the intricate relationship between sustainability reporting and corporate reputation using the new proxy of reputation in the context of Malaysia, a dynamic and rapidly growing economy. Balancing the 'Green' aspects of sustainability with the 'Gold' aspects of company performance and reputation is a pivotal concern for organizations in the region. The results showed sustainability reporting significantly impacts corporate reputation to sustain a harmonious equilibrium characterized by "Green" and "Gold" elements. The findings encourage Malaysian PLCs to navigate this duality successfully and can reap long-term benefits regarding reputation, stakeholder trust, and sustainable profitability.
 Keywords: sustainability reporting, reputation, transparency, greenwashing, Malaysian public listed companies

REVISITING THE EFFECT OF ORGANIZATIONAL CULTURE AND GCG ON SUSTAINABILITY PERFORMANCE: STRATEGIC POSTURE AS A MODERATING VARIABLE

Purpose — There are problems that arise and are interesting to analyze the impact of organizational culture, corporate governance on sustainability performance with strategic posture as moderating variable. Design/methodology/approach — For this analysis, the population is all companies listed for Indonesia Stock Exchange Technique sampling in this research is purposive sampling. The data were collected from www.idx.co.id and other relevant sources comprising the company's website for the 2009-2018 period. The data were collected and the technical analysis used is Warp PLS programs. Findings — Based on the analysis and discussion, the results showed that there is a significant effect of organizational culture on sustainability performance, also there is a significant effect of corporate governance on sustainability performance. Practical implications — Strategic posture can be moderating variable in the relationship between organizational culture and corporate governance on sustainability performance. Originality/value — The awareness about the disclosure of sustainability in Indonesia is still low. Furthermore, environmental, societal, cultural, and governance issues are considered essential and integral aspects of company performance. Keywords — Organizational Culture, Corporate Governance, Strategic Posture, Sustainability Performance

Venture capital and private equity financing: an overview of recent literature and an agenda for future research

This paper surveys the growing body of recent literature on venture capital (VC) and private equity (PE) and formulates an agenda for future research. Specifically, it covers and categorizes 314 articles that have appeared in top leading international journals since 2011 and points to areas that deserve deeper investigation. 67.8% of these works deal exclusively with VC and 26.8% deal exclusively with PE. The main “hot” topics in VC and PE research are: (1) heterogeneity (e.g., in affiliation, experience, reputation) within the VC and PE industries and its effects, (2) the causal link between VC and PE financing and various aspects of company performance, such as growth or innovation, (3) the performance of VC and PE funds and how to measure it properly. In the literature on VC, (4) internationalization and (5) the processes through which VC investors and entrepreneurs select and match with each other are also highly relevant topics. Most recent works (81.2%) are empirical and strategies that aim at identifying causal effects have been getting widespread. Although new sources of data have been used and the European (and to a lesser extent Asian) VC and PE industries have been gaining ground in recent research, more than 52% of all empirical papers still rely on US data.

Perancangan Sistem Pengukuran Kerja dengan Metode Intergrated Performance Measurement System (IPMS) (Studi Kasus: CV. Ekasari)

<em><span>Global business competition greatly increased sharply in Indonesia, including in the food market. To succeed and grow in the competition, an organization should use measurement and management systems derived from the strategies and capabilities of the company. CV. Eka Sari is a company engaged in the field of catering, where business activity in CV. Eka Sari is more focused on providing the bread and cakes. The continued development of the catering business, demanding CV. Eka Sari to improve in every aspects of company performance, so that the company can remain competitive with other companies. Therefore, CV. Eka Sari is in need of performance measurement that aims to evaluate and plan its performance in order to achieve organizational goals. Performance measurement methods used by the company is Integrated Performance Measurement System (IPMS), which is a method that measures the performance of an integrated and based on the wishes of stakeholders. Objectives are determined to meet the wishes of stakeholders, so that will be determined key performance indicators. From the results of the identification, obtained 22 key performance indicators. To determine the performance criteria that need more attention then be weighted. Weighting is done using Hierachy Analytical Process (AHP). Weighting results generated from that aspect that must be considered are aspects of the process, then the performance criteria that must be considered, namely improving the efficiency and effectiveness of production, and Key Performance Indicators to be very aware of is the number of defective products.</span></em>

The antecedents of strategic pricing and its effect on company performance in the case of industrial service firms

Purpose – The purpose of this research paper is to examine the impact of a number of variables on the adoption of strategic pricing by industrial service firms, and the effect of this adoption on company performance. Design/methodology/approach – Data were collected from 301 industrial service firms operating in seven different service sectors through a mail survey. Moreover, qualitative research through 35 in-depth interviews was conducted. Findings – The findings reveal that market orientation and market growth boost the development of strategic pricing. On the other hand, technological and market turbulence hinder this development, while the overall impact of turbulence is reduced in market-oriented firms. Finally, strategic pricing has a positive impact on company performance in both quantitative and qualitative terms. Research limitations/implications – The adoption of strategic pricing requires attention to a variety of company- and market-related factors, while this adoption can improve various aspects of company performance. The addition of other moderating and mediating effects could certainly provide additional insights. Originality/value – The current study represents one of the first attempts to empirically examine the above topics in an industrial service context.

The art and science of experiential leadership: culture at the core of process change success

PurposeTo show that: as leaders refine business performance, they are increasingly focusing on human capital performance – how leaders and teams deliver outstanding performance and productivity. Leaders who are paying practical attention to the inner aspects of behavior are often reporting strong cultural shifts in individual engagement and collaborative teamwork affecting all aspects of company performance. These personal aspects of performance can be effectively addressed using the experiential techniques and approaches common to the arts and performing arts.Design/methodology/approachThis article describes the case of Harcourt Assessment, a large education testing and publishing business, which underwent a dramatic business turnaround in 2006‐07. This article is based on analysis of the change methodology adopted by Harcourt Assessment and its consulting firm, The TAI Group, in 2006‐2007, extensive interviews of key executive participants in the engagement, and analysis of the firm's employee survey in 2007.FindingsParticipants in the turnaround of Harcourt Assessment were consistent in their assessment that the deliberate adoption of a change strategy focusing on individual motivators and collaborative group alignment using a creative, performing arts‐based approach was critical to the project's success. These evaluations were also consistent with the attitudinal changes reported in the 2007 employee satisfaction survey of views on senior team performance, teamwork and collaboration, strategy and trust.Originality/valueThe case study and findings demonstrate the measurable value of adopting a practical, disciplined approach to profound corporate culture change based on the experiential principles of the performing arts. This approach, with individual motivations and behavior at the core, can be critical to creating an aligned culture capable of delivering sustained high performance.

Planning for waste management and disposal in minerals processing using life cycle assessment

Good environmental performance in mining and minerals processing operations relies on effective waste management. In turn, the generation of waste, both its quality and quantity, is a direct function of technology choice and is limited further by the thermodynamic constraints under which the industry operates. It is only over the former that operating companies can exercise any control. We argue that improvements in environmental performance are realised primarily by changes in technology—not simply hardware choice, but also operating and management practice. Whilst such changes are driven by environmental concerns expressed by society (often in the form of legislative guidelines), it is operating companies alone which can effect such change. Current environmental management systems offer little in the way of technical guidance for mining and minerals processing companies intent on improving their environmental performance. They tend to reflect a static operating condition, in which the domain of influence is seen as external to the mining or minerals process. Generally, opportunities for improved process development and design are overlooked. There is little attempt to relate environmental impacts from, for example, waste generation, to the processes that generate these wastes. This ‘closed box’ view of technology is limiting in another way also. It restricts opportunities to see environmental performance in the same context as economic performance. The latter is driven by measures of efficiency—capital, labour, and technology. So too is the former. The ability to reconcile these two aspects of company performance, and so make explicit any trade‐offs between the two that are required as part of operational strategy, arises naturally when a causative link is made between technology choice/operation and waste generation. This becomes clearer when it is recognised that ‘avoidable’ wastes represent process inefficiency, which directly affects economic performance. In this instance an ‘avoidable’ waste can be defined as the difference between the optimal and the actual waste generated by the technology in place. We have developed a systemic model of mining and minerals processing, which reflects all environmental issues arising from resource extraction and minerals beneficiation, including waste generation. The model is dynamic and processbased; critical resource consumption and waste flows are linked directly to unit operations. We have adopted the methodology of Life Cycle Assessment (LCA) to relate resource and waste issues to environmental impacts. This reverse‐mapping exercise, in which impacts can be traced back to particular wastes or emissions, which, in turn, are related to specific unit technologies, allows companies to target strategic improvements in environmental performance by reviewing their process design and operation philosophies. This approach is consistent with pro‐active ‘planning for closure’. In this way, issues of waste management and disposal are brought to the fore. We propose that this approach will assist operating companies in identifying their long‐term liability associated with waste disposal. Rehabilitation of waste deposits on cessation of mining and minerals processing can be guided by the above and implemented cost effectively. The model provides a basis upon which to explore in detail the relationship between income generation and waste generation potential for a given process requirement, specifically in terms of technology selection and operation. In this way, it may be possible to identify constraints on the part of operating companies to fund closure management practices. Equally, the model gives some guidance on how best to apply regulatory mechanisms to closure planning. We have explored the use of this generic modelling approach to the South African minerals industry, which has been analysed on a sectoral basis vis‐à‐vis gold, coal, base metals, platinum group metals, mineral sands and ferro‐alloys. Case studies from the base metals sector have been used to demonstrate how structural features of the industry dictate systemic environmental performance. The value of the model in an expanded environmental management programme framework is highlighted in the context of the prevailing regulatory regime.