Business Context Research Articles

The Convergence of Corporate Sustainability and Social Responsibility in Modern Business Contexts: A Bibliometric Analysis

Abstract Global challenges such as climate change, the Covid-19 pandemic, and geopolitical instability have driven organizations to embed sustainability into their strategies and operations, moving away from the profit-driven mindset to a broader emphasis on societal value. Sustainability, today a widespread concept in academia and business, requires balancing social, environmental, and economic responsibilities to achieve long-term success. Embracing the Triple Bottom Line (TBL) model, organizations aim for profit while also positively impacting society and the environment. However, there is a prevailing tendency to emphasize rights over responsibilities, a pattern that needs to shift in order to promote sustainability. This paper contributes to the body of knowledge on corporate sustainability by exploring its relationship with social responsibility. A bibliometric analysis was conducted on a sample of 9,378 documents processed using VOSviewer. The study examines the interplay between sustainability, social responsibility, and corporate sustainability, mapping out key concepts and visualizing their networks. Furthermore, the links to other key themes such as performance, management, innovation, strategy, governance, supply chain management, leadership, stakeholders, and others were also explored. Social-responsibility disclosure was also found to be an emergent topic in terms of organizational accountability and transparency.

The driving force: organizational resilience of OKKO network

Learning outcomes After completion of the case study, the students would be able to identify and evaluate organizational culture as a critical element of organizational resilience and assess its fit to the business context, evaluate different elements of organizational resilience and their contribution to business adaptation and develop leadership approaches that help adapt and leverage organizational culture to foster individual, team and organizational resilience. Case overview/synopsis This teaching case covers topics of organizational leadership, including organizational culture and organizational resilience. This case study is appropriate for the postgraduate and executive education programmes. This case study covers the approach to organizational leadership and resilience of the OKKO, a Ukrainian retail petrol station network. The dilemmas considered by top managers of the company emerged in February–April 2022 amid the unfolding Russian invasion of Ukraine. The case study protagonists solved multiple business and organizational dilemmas to continue efficient business operations while allowing the organization to adapt to a complex and fast-changing environment. They leveraged a distinct corporate culture, strong employee engagement and established business processes and management practices to ensure the viability of the business. Complexity academic level This case study is appropriate for postgraduate and executive education programmes. The level of difficulty is light to medium. Recommended pre-requisites are understanding human resources management terminology and reviewing preparation materials. The case study is suitable for teaching courses in leadership, people management and organizational development that cover corporate culture, leadership and organizational resilience. Subject code CSS 6: Human resource management Supplementary materials Teaching notes are available for educators only.

The Role of Creative Technologies and Innovation for Dynamic Sustainable Entrepreneurship of SMEs in China

Despite two years of movement restrictions caused by an outbreak, China's economy has been operating at full capacity for several months. The COVID-19 tsunami had a huge impact on the growth of the digital economy in Southeast Asia. Since the reopening of borders, demand has been high, but the rising cost of raw materials, global economic insecurity, and most importantly, labour shortages have damaged businesses, particularly the expansion of small and medium-sized enterprises. In order to restore market share, the firm owners might consider making investments to meet customer demand. However, in the current business context, capital expenditures are rarely considered. The present study seeks to examine empirically the mediating role of creative technologies and the effect of innovation practices of Small Medium entrepreneur towards the dynamic sustainability of entrepreneurship by applying the conceptual theory of Dynamic Capabilities View and Diffusion of Innovation. The future respondents indicated as entrepreneur in the Small Medium industries in China focusing on service based. The study also evaluates the relationship between innovation practices towards dynamic sustainability of entrepreneurship mediates by creative technology. Four hypothesized relationships have been developed together with the conceptual framework.

Blockchain for enhancing small business security: A theoretical and practical exploration

The review provides an overview of the theoretical and practical exploration of utilizing blockchain technology to enhance security in small businesses. Small businesses face significant security challenges in the digital age, including data breaches, fraud, and cyberattacks. This paper investigates how blockchain, as a decentralized and immutable ledger technology, can address these challenges by providing transparency, integrity, and trust in business operations. Through a comprehensive examination of blockchain fundamentals and its application in small business contexts, this study elucidates the mechanisms through which blockchain enhances security. Drawing on case studies and theoretical frameworks, the paper explores successful implementations of blockchain solutions, practical considerations for adoption, and the regulatory landscape governing blockchain in small businesses. Additionally, it evaluates the risks and benefits associated with blockchain adoption, providing insights into the potential impact on business operations and compliance requirements. Finally, the paper discusses future trends and innovations in blockchain technology, offering a roadmap for small businesses to navigate the evolving landscape of security solutions. This theoretical and practical exploration underscores the critical role of blockchain in safeguarding small businesses against digital threats while highlighting opportunities for innovation and growth.

Challenge-based learning and design thinking in higher education: institutional strategies for linking experiential learning, innovation, and academic performance

ABSTRACT This research describes the results of the implementation of the Challenge Based Learning (CBL) with the Design Thinking (DT) methodology, evaluating its stages for the co-creation of solutions to challenges in business contexts combined with an innovative institutional strategy in the higher education. This methodology, articulated with the CBL strategy at the Universidad de la Costa Barranquilla Colombia, facilitates the technological development, research and innovation products, achieving learning results and generic competencies stipulated in the subjects, regardless of the profession the student is pursuing. The results show the concentration of pedagogical and didactic strategies due to their effectiveness in achieving the learning results of the subjects, obtaining the solution to the challenge and associated products. Finally, the test results of students’ generic competencies improve by 55% when compared to previous periods where the strategy was not executed, contributing with products that have a favourable impact on the social environment.

LEVERAGING GENERATIVE AI: STRATEGIC ADOPTION PATTERNS FOR ENTERPRISES

Generative Artificial Intelligence (AI) is a rapidly evolving subset of AI technologies that involves creating new content, such as text, images, and audio, using algorithms trained on large datasets. Well-known examples of generative AI technologies include Generative Adversarial Networks (GANs) and Generative Pre-trained Transformers (GPT). These innovations are increasingly being integrated into various business applications, from automating content creation and enhancing customer interactions to driving product development and innovation. The importance of generative AI in a business context lies in its potential to augment human creativity, improve operational efficiency, and unlock new business opportunities, making it a critical tool for enterprises aiming to maintain a competitive edge in the digital age. Despite its transformational potential, the implementation of generative AI in businesses faces significant challenges. High implementation costs, the complexity of integrating AI systems into existing infrastructures, a shortage of skilled specialists, and ethical issues related to data privacy and AI-generated content are among the primary obstacles. Additionally, businesses often struggle to align AI initiatives with their strategic goals and ensure that AI outputs meet high standards of quality and compliance. These barriers complicate the large-scale and effective adoption of generative AI, limiting its potential to revolutionize business operations and innovation. The research encompasses a comprehensive review of existing literature, analysis of real-world cases, and synthesis of best practices in the strategic implementation of generative AI. It explores strategic models for the deployment of generative AI in enterprises, identifies key drivers and barriers to its adoption in business environments, and examines the strategic approaches businesses use to integrate generative AI into their operations. Insights and recommendations are provided for enterprises considering the adoption of generative AI technologies. The importance of the research lies in its potential to help businesses overcome implementation challenges and maximize the benefits of generative AI. Understanding strategic models and approaches to AI integration will enable businesses to better navigate the complexities of AI deployment, enhance their innovative capabilities, and ensure sustainable growth in an increasingly competitive market. The conclusions drawn from the research aim to bridge the gap between theoretical insights and practical applications of generative AI, providing a valuable resource for business leaders, technology strategists, and policymakers seeking to leverage AI for competitive advantage.

An Expandable and Generalized Method for Equipment Information Reflection in Digital Twin Workshop Systems

A production workshop is equipped with diverse equipment and machinery, and manufacturing data generated by different equipment show certain differences. Therefore, developing a method with an information presentation capability for a digital twin workshop system (DTWS) can be challenging due to the numerous information sources and types. The level of detail provided for a DTWS is directly related to the management comprehension of the production status of a physical workshop. Thus, arranging and presenting different data effectively represents a significant challenge. To address this challenge, this study proposes an equipment information self-reflection method with expandability for DTWSs. First, a generic equipment information model with an expandability is developed. This model encompasses all relevant data types in a workshop. The analysis of these data is conducted from two perspectives: workshop equipment categorization and equipment internal composition. The analysis results are used for the generation of extensible styles for property elements and function components. For the DTWSs, these two perspectives offer a standardized specification for equipment information presentation. In addition, a self-reflection method is introduced to address the demand for generating diverse information types ranging from equipment-based to extensible types. The system framework and operational flow of this method are explained in detail. To verify the proposed method, this paper conducts a practical case study using the DTWorks software development kit to simulate a real workshop. The proposed self-reflection method is implemented into the DTWorks. The disparities in equipment information types are analyzed for both pre- and post-implementation of the proposed method. The obtained results demonstrate the efficiency and advantages of the proposed self-reflection method. Finally, the results show that the proposed method exhibits advantageous performance regarding intricate business contexts.

Application of Islamic Business Ethics in the Fintech Industry: an Analysis of the Foundation of Sharia Maqashid

Based on the above background, the purpose of this study is to describe business ethics from the perspective of Maqashid Shari'ah, analyze the urgency of its application in the modern business context, identify the principles of Maqashid Shari'ah that can be adopted in business practices, and assess the positive impact of the application of Maqashid Shari'ah-based business ethics on business sustainability and general welfare. This research method will adopt a qualitative approach with descriptive analysis. Data will be obtained from text sources, articles, journals, and other related documents. Maqashid Shari'ah-based business ethics encompasses the integration of moral values and Islamic principles into business practices, becoming increasingly important in modern business. Maqashid Shari'ah provides a comprehensive framework with the primary objective of nurturing religion, life, property, reason, and posterity, guiding business practitioners to conduct business with justice, honesty, and social responsibility. By adhering to the principles of Maqashid Shari'ah, businesses can create a sustainable environment, build a strong reputation, avoid practices that are contrary to Islamic values, and have a positive impact on society, all in line with larger social and moral goals.

Analysis of Factors That Influence the Quality of Company Financial Reports

This research aims to examine the influence of company scale, ownership composition, and level of market concentration on the quality of financial reports of manufacturing companies listed on the Indonesia Stock Exchange (BEI). The data used comes from the annual financial reports of 120 companies during the 2015-2017 period. The purposive sampling method was used for sample selection. The results of data analysis show that there is a significant correlation between independent variables and the quality of financial reports. The results of the regression test show that company scale, ownership composition, and level of market concentration significantly influence the quality of financial reports. These findings indicate that companies with large size, consolidative ownership structures, and market dominance tend to produce higher quality financial reports. The implications of this research highlight the importance of good information management in a business context, as well as the need for transparency and accountability in corporate financial reporting.

EXPLORING THE INFLUENCE OF TRANSFORMATIONAL LEADERSHIP ON SALESPERSON JOB PERFORMANCE: THE MEDIATING ROLES OF SELF-EFFICACY AND CREATIVITY IN VIETNAMESE SMES

Purpose: This study investigates the influence of transformational leadership on the job performance of salespersons in Vietnamese SMEs. It examines the mediating role of self-efficacy and creativity, contributing to the literature on effective leadership strategies and their impact on salesperson performance. Theoretical Framework: Grounded in transformational leadership theory, the study proposes that transformational leadership positively affects self-efficacy and creativity, leading to improved job performance among salespersons. Design/Methodology/Approach: Data is collected through a survey questionnaire administered to salespersons in Vietnamese SMEs. The collected data was analyzed using structural equation modeling (SEM) to examine the proposed relationships. Findings: The study reveals the impact of transformational leadership on salesperson job performance and highlights the mediating roles of self-efficacy and creativity. Research Implications: This research contributes to leadership and organizationnal behavior literature in Vietnamese SMEs, offering practical insights for enhancing sales force productivity. Practical & Social Implications: This study emphasizes the significance of transformational leadership in enhancing salesperson self-efficacy and creativity. It informs the development of targeted interventions and training programs, resulting in improved sales performance and overall organizational success. Additionally, the findings have broader applicability to effective leadership strategies across diverse cultural and business contexts.

Analysis of tax compliance behavior of family businesses: combining social and psychology norms and legitimacy determinants

PurposeThis study aims to analyze the tax compliance behavior of family firms by integrating social and psychological norms with legitimacy determinants, focusing specifically on the Moroccan context.Design/methodology/approachEmploying a qualitative research design, the study conducted semi-structured interviews with 30 chief executive officers (CEOs) of Moroccan family firms. The data were analyzed using thematic analysis to unravel the interplay between individual beliefs and societal norms.FindingsThe findings reveal a complex interplay between the personal norms of CEOs and chief financial officers (CFOs) and wider societal and cultural expectations, significantly influencing tax compliance behavior. The study identifies the multifaceted nature of tax compliance, which is shaped by personal ethics, family values and the dominant societal tax culture.Research limitations/implicationsThe research is limited by its qualitative approach and focus on Moroccan family businesses, which may not be generalizable to other contexts. Future studies could use a quantitative approach and expand to other geographical settings for a more comprehensive understanding.Practical implicationsInsights from the study can assist policymakers and tax authorities in developing culturally sensitive tax compliance strategies that resonate with family business values.Social implicationsThe research underscores the importance of considering sociocultural dimensions in tax compliance, fostering a more cooperative relationship between family businesses and tax authorities.Originality/valueThe study contributes a novel perspective by synthesizing social, psychological and legitimacy factors in understanding tax compliance in the unique context of family businesses.

Gemini or ChatGPT? Capability, Performance, and Selection of Cutting-edge Generative Artificial Intelligence (AI) in Business Management

The research paper investigates the comparative functionalities, effectiveness, and selection criteria of Gemini and ChatGPT within the field of business management. Both AI platforms offer specialized advantages applicable across various domains, including market research, strategic planning, operations management, customer service, marketing, human resources, and decision-making. Gemini utilizes Google's vast index to excel in real-time market analysis, strategic planning, and data-driven decision-making. Its robust analytical capabilities facilitate swift identification of market trends, competitor analysis, and precise forecasting. Conversely, ChatGPT specializes in providing qualitative insights, analyzing customer feedback, and facilitating creative content generation, making it particularly valuable for customer interactions and marketing efforts. Regarding performance, both models significantly enhance operational efficiency, data analysis, and customer service automation. Gemini's proficiency lies in processing extensive datasets for insights and optimization, whereas ChatGPT's adaptability and conversational skills elevate customer experiences and creative content production. The paper delineates selection criteria tailored to specific business requirements and contexts. Considerations such as data sensitivity, bias mitigation, cost-effectiveness, accessibility, customization, and integration are pivotal in selecting between Gemini and ChatGPT. While Gemini may be favoured for its factual precision and integration within the Google ecosystem, ChatGPT offers flexibility, conversational capabilities, and potential for self-hosting. Comprehending the distinct strengths and limitations of each AI model is crucial for effectively harnessing their capabilities across diverse business management scenarios. The research delivers valuable insights for businesses seeking to optimize their operations and decision-making processes through AI integration.

PELATIHAN MEMBATIK TEKNIK SHIBORI SEBAGAI PONDASI UTAMA DALAM MEMBANGUN BISNIS KREATIF DI DESA KERSIK

Shibori Technique Batik Making Training as the Main Foundation in Building a Creative Business in Kersik Village. This research aims to examine the potential for creative business development in Kersik Village through batik training using the Shibori technique. It is hoped that this training method will provide sufficient knowledge and skills for the local community to produce batik products with unique Shibori characteristics. In this way, it is hoped that the people of Kersik Village can utilize this expertise as a basis for opening sustainable creative businesses, increasing local economic income, and ultimately, supporting holistic village development. This research encourages the adoption of traditional technology in a modern business context, stimulates local economic growth, and celebrates the cultural heritage of Kersik Village through the art of batik using the Shibori technique.

CINEMATIC DEPICTIONS OF BUSINESS: REALISM, ETHICS, AND EDUCATION

This study examines how business language and context are depicted in select movies, as well as their representations, accuracy, and impacts on educational relevance and societal perception. Through a comparative analysis, this study analyzes diverse communication styles, leadership dynamics, and ethical considerations in movies such as "The Social Network," "The Wolf of Wall Street," "Office Space," "The Big Short," and "Margin Call." To assess the realism of their depictions of real-world situations, this study analyzes how these movies portray business scenarios within popular culture. Furthermore, it explores how cinematic representations influence perceptions of business ethics, practices, and leadership, providing insight into how movies affect societal attitudes about business. Finally, the study highlights how analyzing cinematic portrayals of business language and context can enhance critical thinking skills among students of business and enhance ethical awareness. The results of this research have highlighted the nuanced and multifaceted nature of cinematic representations, and their educational value has been highlighted.

Impact of Auditors' Attributes on the Identification of Creative Accounting Practices in Pakistan

Accounting creativity is the process of changing financial information beyond the limits of accounting norms to provide an improved overview of a company's financial status and performance. The current study investigates creative accounting practices in Pakistan, focusing on auditors' competency, integrity, independence, and ethics in detecting creative accounting practices, thereby enhancing financial transparency in the business context. The data for the study were collected via a questionnaire using a Google Web form shared with 120 auditors from audit organizations working in Pakistan. The results of multiple regression analysis revealed that auditor competency, honesty, independence, and ethics have a significant influence on detecting creative accounting practices followed by accountants to manipulate the financial position and performance of their organizations. The results of this study hold significant practical implications for auditors, regulators (such as the SECP), and policymakers. Future research may be focused on assessing the efficacy of audit committees in overseeing companies' stakeholder reporting and their management of ethical and sustainability concerns. This study contributes to the literature by exploring the realm of accounting creativity in Pakistan, specifically delving into auditors' capabilities and integrity in identifying creative accounting practices. It sheds light on the significance of auditors' competency, honesty, and ethical considerations in uncovering manipulative financial reporting strategies employed by accountants.

Organizational and Social Factor Analysis: The Role of Human Resources in the Success of Information Security Systems in the Digital Business Context

Organizational and Social Factor Analysis: The Role of Human Resources in the Success of Information Security Systems in the Digital Business Context

A Systematic Literature Review on Readiness for Change in Business Contexts

Change in business organizations often leads to suffering individuals. For organizations it remains difficult to find guidance on how to reduce this pain. Readiness for Change (RfC) in business contexts is a topic that is been gaining importance during the last decade, thus the purpose of this paper is to provide a Systematic Literature Review (SLR) on this topic, by collecting and listing all antecedents of RfC. Starting with data collected from the Web of Science, a search protocol, validated by two independent researchers, is applied. This procedure returned 79 articles which are analyzed per year, journal, author, country, and area. The review articles are exported to NVivo for full content analysis and coding. This article presents a structured categorization of the published reviewed papers and an overview of all antecedents of RfC. It also includes empirical evidence on the state-of-the-art in RfC including a list of antecedents of change. One key antecedent of RfC recognized is knowledge transfer. This work has policy-setting implications for understanding the RfC process and its antecedents. It can also help organizations prepare, anticipate, and minimize the impact of negative organizational change.

Vocational University Teacher’s Beliefs Upon Business English as a Lingua Franca

English is used globally as a means of communication. In the business context, BELF is used as the framework on how communicating using English among speakers from multicultural background should be done. Since English is a foreign language in Indonesia and was taught in education system, the purpose of the study is to understand teachers or lecturers’ beliefs in BELF. BELF is specifically formulated in the context of business English. Therefore, the participants of this study were those who have experience teaching it. The result indicated that all of the participants teaching practice share the same characteristics with BELF even though they were not familiar with BELF as a term

Optimizing Technical Entrepreneurship: Instrument Development for Assessing Technopreneurial Behavior Among Vocational High School Fashion Design Students

Objective: Technopreneur behavior refers to the traits, attitudes, and actions of an individual or group involved in technology-based entrepreneurship. Technopreneur is a combination of the word’s "technology" and "entrepreneurship," and encompasses the application of technology and innovation in a business context. The purpose of this study is to develop an instrument that can measure the technopreneur behavior of Vocational High School Fashion School students. Method: This research is a development research with a 4D model, namely Define, Design, Development, and Development. Instrument was tested on 30 students of Vocational High School 3 Kediri. Results: The results of the study stated that based on the CVR, correlation-total, OMS, and IMS criteria, there were 2 items that did not meet so that these items had to be revised or discarded, while other items were declared to meet the criteria. And the results of the instrument trial stated that 3.33% of students had techopreneur behavior in the "high distinction" category, 83.3% in the "Distinction" category, and 13.3% in the "Credit" category. Novelty: This research presents novelty by designing a unique instrument that focuses on the technopreneur behavior of VHS Tata Busana students. This innovative approach includes the integration of technological and entrepreneurial aspects, active stakeholder participation, the application of revolutionary learning models, and adaptation to the latest technological developments.

Navigating sustainable innovation: exploring the interplay between workplace happiness and the dynamics of leadership, empowerment and organizational culture in the context of green management and circular economy

This study explores the impact of employee innovation on organizational success, focusing on influential leadership, suitable working environments, and autonomy. It highlights the role of workplace happiness, supportive or non-supportive colleagues, and job stress in fostering creativity. The study presents a model predicting innovative behavior in Karachi, Pakistan, bridging the gap between conceptual foundation and practical application. The study investigates the impact of workplace happiness, transformational leadership, psychological empowerment, and organizational culture on employee innovative behavior through Smart PLS. Survey data from 327 employees from Karachi hotels revealed that remodeling leadership, psychosomatic authorization, and firm culture stimulate creativity. Job anxiety also decelerates individual innovativeness. The PLS-SEM analysis reveals that transformational leadership, organizational culture, workplace happiness, and job stress significantly influence innovative behavior, accounting for 42% of the variance. The study examines the impact of remodeling leadership, psychosomatic authorization, and firm culture on employee contentment and innovative behavior. Transformational leadership is crucial for fostering innovation and creativity, while workplace happiness is essential for organizational success. Coworker support doesn't significantly influence innovative behavior, but job insecurity can lead to animosity and competition. Empowerment strategies don't significantly influence employee innovative behavior, but their success depends on corporate culture and implementation. Organizational culture significantly influences employee creativity, and job stress negatively impacts performance. The study's generalizability may be limited due to the hotel industry's inflated occupancy rates and staff availability issues, which may hinder data collection in diverse business contexts.