Company's Business Research Articles

Peran Etika Bisnis dalam Perusahaan Bisnis di Era Globalisasi

When it comes to establishing relationships with others in the business world, ethics plays an important role. Business ethics plays an important role in determining the success or failure of a company. Practicing good corporate ethics can also improve communication and foster mutual trust between colleagues. In running a company, you have to focus on two things. The first is aware of and considers the needs and emotions of others. The second reason is to avoid avoiding other people, because corporate ethics vary widely between cultures and countries. The purpose of writing this article is to find out how Business Ethics in Business Companies in the Globalization Era. The author of this article uses observation techniques as a research strategy, as well as library research methods. Based on the discussion in this article, the level of trust that each member of the business community has with each other is influenced by business ethics. There are a variety of stakeholders impacting each other, including businesses, suppliers and end users. Each of these components must uphold ethical standards so that the foundation of trust is well maintained. Keywords: Bussiness,Ethics, Globalization, Company.

ACCELERATING MARKET DYNAMICS: THE IMPACT OF GST ON STOCK PRICES AND PROFITABILITY OF LEADING AUTOMOBILE COMPANIES

In India, GST introduced in July 2017 was a major event for the Economy. It subsequently impacted all the business sectors and companies operating within the economy. In such cases, it is important to gauge the impact of this new taxation system to analyze the outcome. This research explores the effect of GST on the net profits and stock prices of Maruti Suzuki, Tata Motors, Mahindra & Mahindra, Honda, Ashok Leyland, Bajaj Auto, TVS Motors, Toyota, Hero Motor Corp, and Ford Motors. For this purpose, pre-GST and post-GST analysis was conducted through a paired t-test using SPSS for 2 variables i.e., net profits and stock prices. I have gathered data from the NSE and financial reports of the companies for a comparable period of 7 years before and 7 years after the GST implementation It was found that there is no significant effect on the net profits of the selected companies. The trends in stock prices of companies, except TVS Motors seemed to be unaffected due to the introduction of GST.

Analysis and Prospects of Business Models in China's Emerging Catering Industry

Abstract: With the improvement of the national economic level and consumption upgrading, the catering industry plays an increasingly important role in daily life. It has become an important indicator to measure the social and economic development of a region and reflects the real situation of the living environment and investment environment of a region. The catering industry and the development of the times are closely related. the catering industry promotes the development of the times to a certain extent. Also, the progress of the times boosts the development of the catering industry, providing opportunities and challenges. This paper focuses on the development status and business model of the emerging catering industry and explores the characteristics of the relevant business model. Combined with the five-year financial statements of the emerging catering giant Haidilao Company, the company's business model is analyzed in depth to find out the factors affecting the company's financial situation. After that, this paper makes a scientific prediction for the future development of the company and puts forward reasonable suggestions.

Digital Transformation Governance Model and Implications for Cosmetic Companies: A Case Study of LOreal

Abstract: As digital technology advances, more companies are undergoing digital transformation, leading to benefits and profits. The cosmetics industry is also following this trend. This study aims to explore the governance model of cosmetic companies during digital transformation and its impact on the development of the industry, using LOreal as a case study for in-depth analysis. By examining LOreals digital transformation case study, this paper reveals the key initiatives and impacts of digital transformation in the cosmetics industry. Specifically, the paper examines LOreals digital transformation initiatives in virtual reality applications, supply chain and operations optimisation, e-commerce platforms and AI product innovation, and analyses the positive impact of these initiatives on the company's business, customer experience and market performance. The study also offers some recommendations for cosmetic companies to address the challenges and risks that may arise during the digital transformation process. By analysing LOreals digital transformation experience in depth, this paper provides a valuable reference for the cosmetics industry to guide other companies to succeed in digital transformation and enhance the overall competitiveness of the industry.

Manajemen Kualitas dalam Meningkatkan Efisiensi Proses Bisnis Perusahaan

In an era of increasingly fierce business competition, companies are required to improve efficiency in every business process. One of the crucial aspects that can support efficiency is the implementation of proper quality management. Quality management is a systematic approach to managing and improving the quality of products, services, and processes in an organization, with the goal of meeting customer expectations and achieving optimal efficiency. This research explores various quality management approaches such as Total Quality Management (TQM), Six Sigma, Lean Manufacturing, and ISO 9001. This approach has a focus on continuous improvement, elimination of waste, and increased customer satisfaction. This study uses a qualitative descriptive method to analyze the implementation of these models in improving the efficiency of the company's business processes. The results of the assessment from the media expert, Mr. Muhammad Ikhwan, S.Pd., M.Pd showed the feasibility of the media with an average score of 92.17%, while the assessment of the material expert, Mrs. Nurul Isnaeni, S.Pd, obtained an average of 96.19%, with the category of "Very Feasible" for all aspects. This study proves that Powtoon-based learning media is effective and feasible to use in the context of education.

Predictors of Individual Work Performance among Private Business Companies for an Enhanced Organizational Human Resource Plan

This study aimed to examine the influence of organizational culture and multi-dimensional self-control as predictors of individual work performance among employees in private business companies. A descriptive-correlational research design was employed, involving 110 respondents from Santo Tomas, Davao del Norte, selected through stratified sampling. Data were collected using three standardized questionnaires, and statistical tools such as Mean, Pearson r, Standard Deviation, and Regression Analysis were applied. The results indicated that both organizational culture and multi-dimensional self-control had significant positive relationships with individual work performance. Specifically, organizational culture was rated with an overall mean of 4.32 (strongly agree), while multi-dimensional self-control scored 3.80 (agree), and individual work performance received an overall mean of 3.75 (agree). These findings suggest that fostering a strong organizational culture and enhancing employee self-control are key strategies for improving work performance, especially in culturally diverse environments. While Presidential Decree No. 442, Article 3, emphasizes the protection of workers' rights and labor laws, its relevance in this study lies in the broader context of promoting effective organizational practices. The study concludes that interventions to strengthen company culture and develop training programs focused on enhancing self-control may significantly boost employee performance. Future recommendations call for more specific and targeted approaches to implement these interventions within organizational frameworks.

The Influence of Environmental, Social and Governance Disclosure Concepts on the Success of Sustainable Business in Companies Listed on the Indonesian Stock Exchange in 2023 with the Implementation of Enterprise Resource Planning System as a Moderating Variable

The purpose of this research is to examine and analyze the influence of environmental disclosure, social disclosure and governance disclosure on sustainable business as proxied by Net Profit Margin (NPM) in companies listed on the Indonesia Stock Exchange in 2023 and moderated by Enterprise Resource Planning (ERP). This type of research is quantitative descriptive which uses secondary data with testing tools in the form of SPSS version 29, and the sample used was 51 companies with purposive sampling technique as the sample selection technique. The results of hypothesis testing show that environmental disclosure has a significant positive effect on sustainable business, while social disclosure has a significant negative effect and governance disclosure has a negative but not significant effect on sustainable business. Overall, this interaction is moderated by ERP. Apart from that, ERP has positive effect also been proven to be able to have a direct influence on sustainable business. Keywords: Environmental Disclosure, Social Disclosure, Governance Disclosure, Sustainable Business, Net Profit Margin, Enterprise Resource Planning System

Environmental, Social and Governance (ESG) and Consumer Behavior: Trends Towards Conscious Consumption

Objectives: This study aims to investigate how ESG (Environmental, Social and Governance) contributes to consumer behavior so that they have conscious consumption trends and how ESG can define patters of consumer behavior and trend positively in the behavior relationship of consumption. Theoretical Framework: Contributes to the mapping of the evolution, quantity and journals that published the list of search strings from 2014 to 2024. Method: This qualitative study is a Systematic Literature Review that used Parsifal® Software for the process of choosing and refining articles, which resulted in 81 articles as a final sample. The databases consulted were Web of Science and Scopus accessed on March 5, 2024. “ESG and Sustainable”, “ESG and consumer behavior” and “ESG and conscious consumption” were used as search strings. Results and Discussion: Positive relationships are evident between ESG and consumer behavior for conscious consumption trends, when choosing products and/or services. The implementation of ESG in the company's business can improve the relationship with consumers of its product or service and lead to robust, conscious and lasting behavior. Research Implications: Contributes to the benefits, pillars and how to adopt conscious consumption, in addition to highlighting the relationships between ESG and conscious consumption and the influence of these factors to define consumer behavior patterns. Originality/Value: This study stands out for analyzing the relationship between the adoption of ESG standards and practices and verifying the trend towards conscious consumption arising from the adoption of ESG practices.

Can Social Technologies Drive Purchases in E-Commerce Live Streaming? An Empirical Study of Broadcasters’ Cognitive and Affective Social Call-to-Actions

As an emerging social technology, live streaming has facilitated a synchronous and interactive selling setting for e-commerce sellers and consumers. Despite growing operations management (OM) in e-commerce live streaming (ELS), the prior literature has largely neglected the directive social operations of ELS broadcasters, which are crucial to a company's business operations and marketing strategies. To mitigate this gap, we investigated the effects of social call-to-actions (SCTAs), an ELS-specific directive social operation, on consumer purchase outcomes in ELS. To explicate the mechanisms driving the purchase effect of SCTAs, we draw upon the notions of cognitive and affective marketing appeals to categorize SCTAs into two types: cognitive and affective SCTAs. We measure broadcasters’ SCTAs from ELS speech-to-text data using text-mining techniques and adopt econometric model estimations via an instrumental variables identification approach to quantify the relationships between ELS broadcasters’ SCTAs and consumer purchases. Our results uncover a significant positive purchase effect of affective SCTAs but an insignificant effect of cognitive SCTAs on product-level purchase orders in ELS. Specifically, a one-unit increase in affective SCTA-related words per minute is related to increased purchase orders of a product by 0.43%, i.e., averaging a 1.10% growth in demand per minute. Additionally, we find that the effects of cognitive and affective SCTAs are contingent on product and broadcaster types. Our session-level mediation effect analysis verifies the underlying mechanisms that drive the purchase effects of broadcasters’ SCTAs. Specifically, we find that cognitive SCTAs impede social engagements and thereby purchases, whereas affective SCTAs can boost social engagements, leading to increased session traffic and ultimately product sales in ELS. Our study provides novel empirical findings and important practical implications for ELS platforms and broadcasters.

The Effect of Employing Green Materials on the Business Performance of the Sustainable Retail Sector

There has been an increasing demand in the retail sector to become more environmentally sustainable in its operations. One crucial aspect of sustainable retail operations is green materials, which can lead to better business performance among firms in sustainable retailing. The quantitative approach was adopted in this study, whereby a structured questionnaire was administered to the respondents, who, in this case, were retailers in a specific sustainable retail environment. The population of this study comprises 200 retailers based in the sustainable retail sector who are using green materials for their supply chain packaging and manufacturing processes, such as Post Industry Recycled, biodegradable and organically oriented materials. This study will help develop strategies to incorporate green materials in business operations to benefit companies in a sustainable retailing business. The research shows that adopting environment friendly materials such as biodegradable and recyclable ones can make a company more profitable, prefered by customers, loyal to the customers and respond to their needs and promote their image to previse customers who are green conscious. It entails that sustainable actors in the retail sector who incorporate green materials in their product designing and manufacturing processes are likely to snatch the sustainable market efficiently.

On the rights of former members of business companies to receive information about their activities

On November 15, 2023, the Presidium of the Supreme Court of the Russian Federation approved the “Generalization of judicial practice on corporate disputes on the provision of information by business companies.” In one of its points, attention was drawn to the need to clarify the position on the issue of the possibility of requesting information from the society by its former participants. The scope of rights retained by former participants in relation to business companies from which they left, were excluded or left for other reasons, in itself is of undoubted interest. Such rights cannot be unlimited and must ensure the property interest of former participants.

Balancing the interests of shareholders (participants) and members of the Corporation’s management bodies: new challenges and opportunities

The main task of management in a corporation is to ensure a balance of interests of all subjects of corporate relations. An important aspect is the search for legal instruments that will ensure this balance in a certain economic society. Such funds are contained in the current legislation, developed by judicial practice, and can be fixed in the company’s charter. The purpose of the study is to identify the most effective means to ensure a balance of interests of shareholders (participants) and members of management bodies in a business company at the present time. The article also analyzes the legal means that are fixed by the sanctions regulations, and the relevant conclusions are drawn.

Civil liability of the sole executive body of a business company: correlation with labor and tax law institutions

In modern conditions of business turnover, characterized by the desire of business entities to achieve the benefits and goals of social corporate responsibility, the issues of preserving the balance of interests of parties that have a diversified status are of particular relevance. Such subjects include the general director, who is simultaneously a management body, an employee and a taxpayer, being in relations with a business company regulated by both corporate, labor and tax law norms, which allows to qualify his status as a diversified one. The issue of correlation of the norms of three branches of law in relation to the status of the chief executive officer (CEO) through the prism of the institute of civil liability in the form of compensation for losses caused to the company by incentive (bonus) payments to the CEO is considered. The article assesses the law enforcement practice in disputes concerning the recovery of this category of losses from the director, where the courts give priority to the norms of corporate law without taking into account the explanations of the Constitutional Court of the Russian Federation on the unconditional right of an employee to receive bonuses, which are a variable component of salary. The court approaches are analyzed and their justifications are given with regard to the inclusion of the amounts of personal income tax paid by the company to the budget of the Russian Federation into the damages recovered from the CEO. The conclusions are made about the priority importance of labor and tax legislation norms in correlation with corporate law norms when applying the institute of directors’ indemnification for losses. The results of the study can be used for the development by the Supreme Court of the Russian Federation of appropriate explanations to the courts of lower instances on consideration of disputes on the recovery of losses from the sole executive body of a business company.

The Effect of Green Accounting, Sales Growth, and Firm Size on Stock Prices in Agricultural Companies Listed on the Indonesia Stock Exchange in 2021-2023

In a effort to increase Stock Price, management, as representatives of the company’s owners, develops and implements various strategies to manage the company's business operations. However, sometimes the strategies and actions taken by management to maximize profit do not always align with legal values, social norms, or environmental sustainability. This can lead to social and environmental gaps, and even legal violations. A stronger focus by management on economic and business aspects rather than social aspects often draws attention to the company. This study aims to examine and analyze the impact of Green Accounting, Sales Growth, and Firm Size on stock price. The sampling technique used is purposive sampling, and based on the established criteria, 14 agricultural companies listed on the IDX from 2021 to 2023 were selected. This research uses a quantitative approach with data analysis methods including descriptive statistical analysis and panel data regression analysis. The results show that Green Accounting has a positive and significant effect on stock price. Sales Growth has a positive effect on stock price. Firm Size does not have an effect on stock price. This study is expected to be learning material as well as a more in-depth and reference and be able to contribute to further research related to stock price, for companies it can be used as consideration and evaluation material in taking a policy that can pose a risk to the stock price in the future, as well a providing information related to making investment decisions more effectively and efficiently for stakeholders.

Substantive behavioral aspects of consumer behavior in the conditions of sanctions pressure on the Russian economy

Relevance. Sanctions pressure on the economy of the Russian Federation is one of the most important factors influencing consumer behavior and their consumer preferences. Under sanctions, many social, economic and political aspects influence consumer behavior, from which new consumer trends and changes in consumer behavior emerge.The purpose is to explore the substantive behavioral aspects of consumer behavior under the conditions of sanctions pressure on the Russian economy.Objectives: study changes in consumer preferences in connection with global crises; analyze changes in consumer behavior depending on various factors and price dynamics as a factor in consumer behavior; explore the influence of cognitive distortions on the meaningful behavioral aspects of consumers; propose the concept of business company plans in accordance with new consumer expectations.Methodology. In the process of research, general scientific methods of logical and statistical analysis, field research, as well as qualitative and quantitative analysis were used. Results. The survey showed that consumers have become more frugal and choose domestic brands in order to save money, the study of the impact of cognitive distortions on consumers showed that society is prone to a pessimistic attitude in terms of adopting new domestic products and brands.Conclusions. A business plan under sanctions pressure, aimed at the novelty of the product and its effectiveness, will help companies promote their goods and services on the Russian market during the period of sanctions pressure. Focusing on changing the object of purchase, place of purchase (online trading if possible), timing and methods of procurement in accordance with new motives and customer expectations will give companies an advantage in conditions of market instability and changing behavioral aspects of consumers.

The impact of business intelligence on promoting decision-making in Jordanian business companies

This research aims to investigate the impact of business intelligence on promoting decision-making in Jordanian business companies. The research Methodology is quantitative. It adopts an analytical case study approach, employing the analytical descriptive method, which is deemed appropriate for investigating social phenomena. The construction of the scale for this study relies on two variables that align with its objectives. This scale includes ten items that cover the main research question. The study’s target population includes all Jordanian business companies, with a sample size of 30 managers randomly selected from these companies. Several guidelines are adhered to when selecting a research instrument. The findings show that there is a positive impact of using business intelligence on promoting decision-making in Jordanian business companies. The employees of the companies have sufficient skills in the field of enhancing business intelligence since they actually use it in their workplace.

Socially Responsible Business Practices: A Case Study of Kanchanjangha Tea Estate & Research Center, Nepal

Considering the ongoing debate regarding the roles of business in society, this case study highlights the exemplary socially responsible business practices of Kanchanjangha Tea Estate & Research Center (KTERC), Nepal. The data regarding the responsible business practices of KTERC were collected from primary as well as secondary sources. The qualitative content analysis of data obtained from KTERC's website, reports, deliberations in a business resiliency symposium, and three in-depth interviews with the company's executives revealed that KTERC’s approach to CSR goes far beyond shareholder and philanthropic approaches and it provides a good business case for CSR. The analysis of data showed that KTERC is embracing the stakeholder approach of CSR with special emphasis on creating shared value approach in order to create a win-win situation between business and society. In light of the study findings, corporate managers can learn CSR best practices and design their CSR policies and initiatives to gain social legitimacy as well as reap various strategic benefits. The government and policymakers can also recognize and reward certain CSR practices that are congruent with the government's social goals. This is perhaps the first study of its kind in the Nepalese context.

Development Of Strategy Map And Measuring Corporate Performance With Sustainability Balanced Scorecard Approach (Case Study On Renewable Energy Consultant Services Company Pt Xyz)

This study aims to develop a Strategy Map of PT XYZ based on the company's vision, mission, strategic goals and analyze the company's performance as measured using the Sustainability Balanced Scorecard (SBSC) method. The research method used is qualitative, which involves conducting in-depth interviews and analyzing company documents. According to the research results, the PT XYZ Strategy Map consists of a vision, mission, 17 company strategic goals and 34 measurement indicators. The company performance of PT XYZ in 2021 and 2022, measured by the 5 SBSC perspectives can be indicated as sufficient performance, which obtained a total scorecard of 0. Based on 34 measurement indicators, 13 obtained a good assessment, 13 obtained a poor assessment, 3 obtained a sufficient assessment, and 5 could not be calculated because the company did not have related numerical documents. In the future, PT XYZ needs to increase its efforts to improve company performance and improve company data management so that it is easier to identify the company's achievements or performance to a measurable extent. Further, PT XYZ needs to integrate sustainability goals that become the company's vision into the company's business strategy, one of which is using SBSC as a company performance measurement tool. In addition, PT XYZ needs to integrate its vision of contributing to sustainability development into the company's business strategy, one of which is the use of SBSC as a corporate performance measurement tool.

Pretpostavke za povećanje osnovnog kapitala iz neto imovine (pretvaranjem neraspoređene dobiti ili rezervi u osnovni kapital) društva s ograničenom odgovornošću

The increase in the share capital from the funds of the limited liability company represents a nominal increase in the share capital, which is carried out by converting retained profit or dedicated reserves into share capital. The main economic purpose of increasing the basic capital from the company’s assets is to strengthen the company’s creditworthiness, which is achieved by fully or partially tying free accounting assets (retained profit or reserves) to the share capital. Before implementing this method of increasing the share capital, it is necessary to fulfil certain legal and accounting assumptions. The focus of the analysis in this paper refers to the fulfilment of the legal and accounting assumptions for converting retained profit and reserves into share capital and the limitations for implementing this way of increasing the share capital of a limited liability company. In addition to the above, we single out as particularly important considerations related to reserve assets, in relation to which there is a very modest regulation in the Serbian Law on Business Companies.

BIG DATA, BUSINESS PROCESSES, AND MATHEMATICAL ALGORITHMS FOR MULTI-OBJECTIVE MANAGERIAL DECISION OPTIMIZATION

The use of Big Data and the engineering of business processes are becoming increasingly important for managing the business of companies and large international corporate groups. For more successful outcomes, even for complex interventions such as those of the PNRR (National Recovery and Resilience Plan), the use of mathematical models to assist management decisions represents a significant lever to optimize time, costs, and planned overall performance. This analytical approach strengthens traditional qualitative techniques like SWOT analysis and finds useful application in the optimal definition of any form of PPP (Public-Private Partnership), such as the recent “Partnership for Innovation” (PPI) included in the new procurement code. The scientific work developed from the systematic analysis of processes proposes a particular multi-objective mathematical model that uses a system of vectors in an m-dimensional reference space.