Benefits For Companies Research Articles

Meningkatkan Kinerja Karyawan Melalui Green Human Resource Management: Peran Mediasi Green OCB Dan Green Behavior

Research aim: This study explores how Green HRM and Green OCB mediate organizational performance at Blue Pearl Company in Singapore Methods: This study uses quantitative methods. Data analysis uses Partial Least Square (PLS) with Smart-PLS3 software. Finding: The study confirmed that Green Human Resource Management (GHRM) significantly influences green behavior and organizational citizenship behaviors (OCB) related to sustainability, which in turn positively impacts employee performance. Specifically, GHRM indirectly enhances performance through both green behavior and green OCB. However, it was found that GHRM does not directly lead to an improvement in employee performance Theoretical contribution/Originality: These results contribute theoretically by providing empirical evidence of the influence of GHRM on improving employee performance through mediation played by green behavior and green OCB Practitioner implication: This research contributes as encouragement for companies operating in the manufacturing sector to implement GHRM as a way to improve individual employee performance Research limitation: The review of sustainability values in the future needs to be reviewed because concern for environmental sustainability in green parks will provide benefits for companies in increasing their sustainability values

How Can Vietnamese Companies Benefit from Management Accounting Systems and Supply Chain Integration Under Business Environment Uncertainty?

We develop and test a moderated mediation model to explain how management accounting systems impact supply chain integration and firm performance, and how perceived environmental uncertainty influences these relationships. Partial least squares structural equation modeling was used to analyze the survey data from 158 supply chain firms in Vietnam. Results indicate that the use of management accounting systems increases the extent of supply chain integration, which in turn enhances firm performance. Furthermore, perceived environmental uncertainty moderates the positive associations between the use of management accounting systems, supply chain integration, and firm performance. This study makes several contributions to existing literature. First, it elucidates the role of supply chain integration in promoting partner integration in the Vietnamese context. Second, it reveals the performance implications of the interaction between management accounting systems and supply chain integration. Our findings have important implications for supply chain management because they emphasize the need to develop effective management accounting systems and supply chain integration strategies in the context of environmental uncertainty.

ANALISIS MANAJEMEN RESIKO TEKNOLOGI INFORMASI DAN PEMETAAN MATURITY LEVEL MENGGUNAKAN FRAMEWORK COBIT 4.1 (Studi Kasus: PT. CAHAYA BINTANG)

Due to the rapid development of information technology now, every business must always adapt and take advantage of the latest information technology. The use of information technology provides solutions and benefits for companies in operational, business and financial problems. Information technology certainly needs a kind of framework that makes it easier for companies to map the risks that might occur and in what way the company determines the strategy used so that these risks can be resolved. However, the use of information technology has a significant risk of failure and requires a relatively high investment cost. Such businesses require consistent management of information technology applications. Companies that want to know what risks will arise when implementing information technology really need risk management. To prove that information technology resources are aligned with business processes, carry out risk assessments, manage risks perfectly, carry out maturity level processes, and make recommendations in order to achieve targets that are comparable to company goals, the COBIT 4.1 framework is the framework that best suits the company's interests. The method used for this research consists of several stages, namely, literature study, information gathering, objective setting, risk identification, risk assessment, risk response, risk monitoring, maturity level determination, and making recommendations.

Modeling the Effects of Formulary Exclusions: How Many Patients Could Be Affected by a Specific Exclusion?

Background: Medication formularies, initially designed to promote the use of cost-effective generic drugs, are now designed to maximize financial benefits for the pharmacy benefit management companies that negotiate purchase prices. In the second-largest pharmacy benefit management formulary that is publicly available, 55% of mandated substitutions are not for generic or biosimilar versions of the same active ingredient and/or formulation and may not be medically or financially beneficial to patients. Methods: We modeled the effect of excluding novel agents for atrial fibrillation/venous thromboembolism, migraine prevention, and psoriasis, which all would require substitution with a different active ingredient. Using population data, market share of the 2 largest US formularies, and 2021 prescription data, we calculated how many people could be affected by such exclusions. Using data from the published literature, we calculated how many of those individuals are likely to discontinue treatment and/or have adverse events due to a formulary exclusion. Results: The number of people likely to have adverse events due to the exclusion could be as high as 1 million for atrial fibrillation/venous thromboembolism, 900 000 for migraine prevention, and 500 000 for psoriasis. The numbers likely to discontinue treatment for their condition are as high as 924 000 for atrial fibrillation/venous thromboembolism, 646 000 for migraine, and 138 000 for psoriasis. Conclusion: Substitution with a nonequivalent treatment is common in formularies currently in use and is not without substantial consequences for hundreds of thousands of patients. Forced medication substitution results in costly increases in morbidity and mortality and should be part of the cost-benefit analysis of any formulary exclusion.

Modeling the Effects of Formulary Exclusions: How Many Patients Could Be Affected by a Specific Exclusion?

Background: Medication formularies, initially designed to promote the use of cost-effective generic drugs, are now designed to maximize financial benefits for the pharmacy benefit management companies that negotiate purchase prices. In the second-largest pharmacy benefit management formulary that is publicly available, 55% of mandated substitutions are not for generic or biosimilar versions of the same active ingredient and/or formulation and may not be medically or financially beneficial to patients. Methods: We modeled the effect of excluding novel agents for atrial fibrillation/venous thromboembolism, migraine prevention, and psoriasis, which all would require substitution with a different active ingredient. Using population data, market share of the 2 largest US formularies, and 2021 prescription data, we calculated how many people could be affected by such exclusions. Using data from the published literature, we calculated how many of those individuals are likely to discontinue treatment and/or have adverse events due to a formulary exclusion. Results: The number of people likely to have adverse events due to the exclusion could be as high as 1 million for atrial fibrillation/venous thromboembolism, 900 000 for migraine prevention, and 500 000 for psoriasis. The numbers likely to discontinue treatment for their condition are as high as 924 000 for atrial fibrillation/venous thromboembolism, 646 000 for migraine, and 138 000 for psoriasis. Conclusion: Substitution with a nonequivalent treatment is common in formularies currently in use and is not without substantial consequences for hundreds of thousands of patients. Forced medication substitution results in costly increases in morbidity and mortality and should be part of the cost-benefit analysis of any formulary exclusion.

Corporate social responsibility in marketing perspective

This research is qualitative research which aims to find out what forms of CSR implementation exist in domestic companies in East Java, the benefits for companies in implementing CSR and how CSR influences marketing. Respondents in this research were domestic companies in East Java. Data collection in the field was carried out using survey methods. After the data was obtained, data triangulation was carried out. Data analysis includes three components, namely data reduction, data presentation, and drawing conclusions. The research results found that the CSR programs implemented by companies on average were almost the same, namely helping to solve problems in the environment around the company. From implementing this CSR, the Company obtains several benefits, although they are not felt instantly at that time, namely increasing the company's goodwill so that stakeholders can feel the benefits. In the long term, the presence of goodwill and trust from the public will have an influence on customers and potential customers, namely attracting interest in buying the company's products or services. In the long term, this can increase the company's turnover so that the company can achieve its goals.

Role of twinnings in scaling up innovative solutions across Europe

IntroductionTwinnings are cross-border knowledge exchange activities where two or more organisations learn from each other’s experiences and are often used as a scaling up mechanism.ObjectivesThis paper discusses the importance of...

A Novel Statistical Framework for Optimal Sizing of Grid-Connected Photovoltaic–Battery Systems for Peak Demand Reduction to Flatten Daily Load Profiles

Integrating photovoltaic (PV) systems plays a pivotal role in the global shift toward renewable energy, offering significant environmental benefits. However, the PV installation should provide financial benefits for the utilities. Considering that the utility companies often incur costs for both energy and peak demand, PV installations should aim to reduce both energy and peak demand charges. Although PV systems can reduce energy needs during the day, their effectiveness in reducing peak demand, particularly in the early morning and late evening, is limited, as PV generation is zero or negligible at those times. To address this limitation, battery storage systems are utilized for storing energy during off-peak hours and releasing it during peak times. However, finding the optimal size of PV and the accompanying battery remains a challenge. While valuable optimization models have been developed to determine the optimal size of PV–battery systems, a certain gap remains where peak demand reduction has not been sufficiently addressed in the optimization process. Recognizing this gap, this study proposes a novel statistical model to optimize PV–battery system size for peak demand reduction. The model aims to flatten 95% of daily peak demands up to a certain demand threshold, ensuring consistent energy supply and financial benefit for utility companies. A straightforward and effective search methodology is employed to determine the optimal system sizes. Additionally, the model’s effectiveness is rigorously tested through a modified Monte Carlo simulation coupled with time series clustering to generate various scenarios to assess performance under different conditions. The results indicate that the optimal PV–battery system successfully flattens 95% of daily peak demand with a selected threshold of 2000 kW, yielding a financial benefit of USD 812,648 over 20 years.

Legislation on insurance contracts - some inadequacies and recommendations for finalization

The insurance contract is an agreement between the policyholder and the insurancecompany, in which the policyholder pays insurance premiums, and the insurance company paysinsurance benefits to the beneficiary or compensates the insured party in the event of an insuredevent. Insurance contracts play a crucial role in recording and establishing the rights andobligations of the parties involved in the insurance relationship. Currently, the Law onInsurance Business of 2022 has introduced some adjustments regarding this type of contract;however, it has not been fully perfected. Building on this premise, this article focuses onanalyzing and assessing certain limitations and shortcomings in the legal regulations pertainingto insurance contracts based on the Law on Insurance Business 2022. Subsequently, it presentsrecommendations for improvement.

The emergence of financial capital in the health insurance business in Europe: The case of Spain in the last fifty years

Abstract Sickness insurance companies were developed in Spain by doctors and healthcare professionals, remaining outside the interests of general insurance companies. Their management was hardly professional, with limited actuarial techniques and they only accounted for a small percentage of total insurance business premiums. From the 1970s onwards, various factors changed this situation, driving processes of concentration, with numerous takeovers and mergers, first reducing the number of local and regional companies to the benefit of companies of national scope. Subsequently, the growth in demand for this type of coverage sparked the interest of national general insurance companies and multinationals, leading to a restructuring of the sector which has progressively acquired greater weight within the insurance business and become increasingly internationalised. This last stage immersed the health sector in Spain in the great processes of globalisation of the sector, characterised by a financialisation of capital promoted by the bank investment funds. These processes are little known and are the focus of analysis of this paper, with the aim of enabling comparison at international level.

BLOCKCHAIN, A STRATEGIC TECHNOLOGY TO BE ADOPTED BY PUBLIC AND PRIVATE COMPANIES FOR THE BENEFIT OF BRAZILIAN SOCIETY

Purpose: Highlight the strategies used by organizations when using blockchain, the problems and difficulties they face, and how the use of blockchain technologies can help public and private Brazilian companies, understanding their concepts and importance. Theoretical Framework: Blockchain technology emerges to allow transactions to be more secure and transparent and is very important for organizations to make their processes more agile. However, to implement it, it is important to use strategies. Design/Methodology/Approach: Important aspects for the implementation and use of blockchain by organizations, challenges, benefits, essentiality, and the need to obtain this knowledge were analyzed, therefore, four public and private Brazilian companies were analyzed, where a bibliographic review was used and, therefore, exploratory research. Findings: Strategies were identified, such as storing and managing data with blockchain and using cryptocurrencies as a form of payment. The challenges to be overcome are usability, scalability, environmental impact, security, and crime. Public and private companies benefit from lower costs, agility, efficiency, shorter transaction times, customer attraction and greater engagement. Research, Practical & Social Implications: The research was relevant, and the objectives were met, the implications identified proved to be beneficial for companies and society. Originality/Value: The use of blockchain by organizations to address problems and increase business scalability is essential, as it brings greater capacity to control operations in an integrated manner with better communication and greater transparency towards society.

Environmental Protection tax and diversified transition of heavily polluting enterprises: Evidence from a quasi-natural experiment in China

A comprehensive evaluation of the impact of green taxes on enterprises contributes to expediting the economic transition towards environmental sustainability. This study explores the effect of environmental protection tax (EPT) on corporate diversification by leveraging the quasi-natural experiment of EPT law implementation in China. Empirical evidence reveals that, compared to non-heavily polluting enterprises, EPT increases the level of diversification of heavily polluting enterprises by affecting corporate profitability, debt capacity, and risk. Moreover, this facilitative influence is notably pronounced among non-state-owned enterprises (non-SOEs) and enterprises operating within intensely competitive environments. Further analysis shows that diversification helps heavily polluting enterprises shift to green. This transition has benefits for companies in terms of environmental penalties and operational flexibility, which improves firm viability. From the perspective of corporate diversification, this research enhances our understanding of the influence of green taxes, thus providing empirical evidence for evaluating the effectiveness of EPT.

All That Glitters is Not Gold: Examining the Negative Impact of Real Estate Value on Companies' Market Competitiveness

AbstractThis paper introduces and investigates the hypothesis that the crowding-out effect surpasses the collateral effect, suggesting that an increase in the value of real estate holdings by companies hinders their competitiveness in the product market within emerging economies. Through our analysis, we elucidate the underlying mechanism, demonstrating that although Chinese listed companies benefit from their real estate holdings in terms of debt financing, these financial resources are predominantly reinvested in real estate projects rather than other productive endeavors. This effect is particularly pronounced when companies face significant financial constraints, operate in highly monopolistic industries, and are situated in regions where local governments heavily rely on land finance and face substantial pressure for GDP growth. By shedding light on the adverse implications of companies' real estate holdings and uncovering the factors contributing to the crowding-out effect, our research underscores the importance of enhanced regulations in the real estate markets of developing nations during the periods of irrational housing booms.

Penerapan aplikasi digital dalam penyusunan laporan keuangan pada usaha mikro: Studi kasus pada 7W Coffee

Information technology has a significant impact on Accounting Information Systems (AIS) in Micro, Small and Medium Enterprises (MSMEs). One application that has been developed is "AkuntansiKu" which can assist in presenting financial reports programmed into the application system, such as the Income Statement, Statement of Changes in Capital, and Cash Flow Statement. This study aims to investigate whether the application of digital applications can facilitate the presentation of financial statements in accordance with standards. The analysis method used is descriptive qualitative analysis by collecting data through interviews. The results showed that the application of digital applications such a s "AkuntansiKu" can help MSMEs in presenting complete financial reports and in accordance with standards. This provides great benefits for companies in producing an easier recording process and accountable reporting.

Application of integrated reporting by small and medium-sized enterprises

Subject. This article discusses the issues of implementation of integrated reporting in the accounting practices of small and medium-sized enterprises. Objectives. The study aims to explore the concept of integrated reporting and its specifics for small and medium-sized businesses, as well as identify the benefits received by small and medium-sized enterprises from the incorporation of an innovative reporting model, and the obstacles that arise on the way to its implementation. Methods. For the study, I used the general scientific methods of detailing, generalization, induction and deduction, description, comparison, and chronological analysis. Results. The article analyzes the current trends in the use of integrated reporting and the role of small and medium-sized businesses in the economic systems of different countries. It identifies the benefits for small and medium-sized enterprises of incorporating an innovative reporting model and the constraints on this process. Conclusions. Countries need to take steps to promote interest of small and medium-sized enterprises in the implementation of integrated reporting. Expanding the scope of the innovative reporting model to small and medium-sized businesses will provide a number of benefits for both companies and stakeholders.

The Benefit Of Sponsorship Program : A Systematic Literature Review

Sponsorship can be cost-effective in terms of reaching a particular audience. It allows access to specific audiences that otherwise might be difficult to achieve. All sectors of society can be targeted and gained through sponsorship. They are sports, the arts, education, community, and broadcast. Sponsorship can also achieve many different objectives, including increased awareness, image enhancement, and improved relationships with various publics. However, sponsorship also has disadvantages, so companies must prepare a risk mitigation plan. This research will reveal the benefits obtained by the company after implementing the sponsorship program. In detail, it will discuss which sectors are utilizing the sponsorship program, the purpose of conducting it, and the effects or benefits the company gets from implementing the sponsorship program. This study is based on a systematic literature review. The online research used the Google Scholar database by browsing titles, abstracts, and keywords to locate empirical research studies in peer-reviewed journals recently published in 2018-2022. They are 20 articles selected because of their rather relevance to the topic. The sports sector is the highest sector that utilizes sponsorship programs. Sponsorship of sports is not necessarily specific to sports; sponsorship has provided an opportunity for commercial advertising by corporations and businesses also represents the industrial component of the sport product and is manifested through commercial advertising of its industrial aspect. The majority of the researchers revealed how the effect of the sponsorship program. This is in line with the theory that one of the advantages of sponsorship programs is the results of sponsorship programs can be measured through surveys. Based on the analysis of selected articles, sponsorship programs provide many benefits for companies, such as increasing awareness and the credibility of companies and their products. Sponsorship programs provide shared value (engagement); for instance, in sports, this value is formed among sponsors, sports clubs, and athletes.

PENGARUH UKURAN PERUSAHAAN DAN RETURN ON ASSET TERHADAP PRICE TO BOOK VALUE PT GARUDA INDONESIA YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI)

This study aims to analyze the effect of company size and return on assets on the price to book value of PT Garuda Indonesia for the 2018-2021 period. The data source of this research is secondary data in the form of quarterly financial reports obtained from the official IDX website and other supporting sources. The data analysis method used is the classical assumption test and multiple linear regression. The results of this study indicate that partially only company size (X1) effects on price to book value (Y). Meanwhile, return on assets (X2) has no effect on price to book value (Y). This research is expected to provide benefits for companies to increase their price to book value through company size and return on asset ratio

Carbon and cost accounting for liner shipping under the European Union Emission Trading System

Excessive CO2 emissions and increased total costs of liner shipping are the two main problems affecting the environmental and economic benefits of liner companies under the European Union Emission Trading System (EU ETS). To address the upcoming EU ETS, we propose a carbon and cost accounting model for liner shipping that accurately calculates CO2 emissions and total cost of liner shipping. We conduct a case study that a containership operates on the liner route from the Far East to Northwest Europe. The results show that the sailing stage plays a pivotal role in CO2 emissions from liner shipping, accounting for 94.70% of CO2 emissions. Among four types of fuel, CO2 emissions from liner shipping using MGO is the largest, while CO2 emissions from liner shipping using methanol is the smallest. Methanol, as an alternative fuel, proves to be a better choice than LNG for CO2 control of liner shipping. The relationship between sailing speed and CO2 emissions follows a U-shaped curve for the selected containership. Notably, speed reduction is effective in carbon control of liner shipping only when the sailing speed exceeds 8.29 knots. Under the EU ETS, sailing speed is a key variable affecting the total cost of liner shipping. Speed reduction may not always be cost-effective. When keeping the total cost of liner shipping unchanged, sailing speed should be reduced as the EU allowance (EUA) price rises within a certain range. For the selected containership using MGO and HFO, the most economical sailing speed is 8.29 knots, corresponding to the increase in EUA price of 304.95% and 261.21%, respectively. If EUA price continues to rise, speed reduction will become ineffective in controlling the total cost of liner shipping. This model can enhance the environmental and economic benefits of liner companies, meet compliance requirements of the EU ETS, and provide a new perspective for carbon and cost control of liner shipping.

COVID-19 Vaccine hesitancy and influencing factors: An example from Turkey.

To find out the opinions concerning vaccine hesitancy of people and influencing factors who had not received COVID-19 vaccination. This is a descriptive cross-sectional study. It was carried out between February and April 2022 with individuals who were not vaccinated against COVID-19. It included 634 participants registered at a family health center in Rize, Turkey. Data were collected by telephone using a questionnaire. For statistical analysis, the R programming language was used. The Boruta algorithm was used to rank the variables associated to the reasons for not trusting the vaccine. "I do not trust vaccines (67%)" is the most frequently cited reason for not being vaccinated. The most often cited reasons for not trusting vaccinations are that vaccines are produced for the benefit of foreign companies (56.2%), vaccines are ineffective (55.5%), and vaccines have not undergone sufficient scrutiny (53.2%). According to Boruta analyses, the top three variables most closely associated with not trusting COVID-19 vaccines were belief that vaccines are produced for the benefit of foreign countries/vaccines companies, imported vaccines have not undergone sufficient scrutiny, and vaccines being ineffective. People do not get vaccinated because they do not trust vaccinations due to concerns about their safety, effectiveness, political influences, and potential adverse effects.

Mengoptimalkan Penjualan Online Melalui Teknik Data Mining (Studi Kasus E-Commerce)

The aim of this research is to optimize online sales through data mining techniques (e-commerce case study). This type of research is a literature review. Data collection with documentation. Data analysis with SLR. Research result. Research results The use of data mining techniques in optimizing online sales, especially in the context of e-commerce, can provide significant benefits for companies. By analyzing purchasing patterns and consumer behavior using data mining algorithms, companies can identify customer trends and preferences, improve promotional targeting, and optimize marketing strategies. This not only improves operational efficiency, but also results in a significant increase in sales. Thus, the integration of data mining techniques becomes a necessity for e-commerce companies that want to remain competitive and successful in an increasingly competitive market