Changing Business Environment Research Articles

Research on the Bankruptcy Tendency of the United States Bankrupt Commercial Banks during the 2008 financial crisis

With the rapid development of the financial market, banks are faced with increasingly frequent capital flows and rapidly changing business environment. It is an important prerequisite for commercial banks to control their liquidity risk to deeply study the causes of liquidity risk and clarify its economic consequences. In the financial crisis during 2007-2009, American commercial banks were directly impacted by liquidity risk. The characteristics of their bankrupted banks are of great significance to the study of how to avoid bank liquidity losses. This study found that in aspect of the probability of commercial banks bankruptcy, the larger scale the banks’ current deposit is in the initial stage, the larger rate of the loan is. The larger the loan issuance ratio is in perportion, the worse the liquidity management of commercial banks’ efficiency acts. And other characteristics make the bank's bankruptcy probability greater. This result has reference significance for commercial banks in China.

The Effect of Online Music Therapy Interventions on Reducing Stress Levels in Small Hotel Managers: A Mixed-Methods Pilot Study

Abstract The rapidly changing business environment and increasing uncertainties due to the coronavirus disease 2019 pandemic since 2020 have led to heightened stress levels among managers. This study employed a mixed-method design to examine the effects of online music therapy interventions on reducing stress levels in small hotel managers. Thirteen managers participated in the online music therapy program, which consisted of six weekly music therapy sessions and self-guided music interventions for practice during the week. The music therapy interventions included music-assisted relaxation, improvisation, music listening with drawing, moving with music, song discussion, songwriting, and singing. The intake questionnaire collected participants’ demographic information and musical backgrounds. The Thai Perceived Stress Scale-10 (T-PSS-10) and Visual Analog Scale of Stress (VAS-S) were used to measure perceived stress levels. A paired t-test analysis compared the average participants’ perceived stress scores between pre and post-tests. Results demonstrated a significant reduction in perceived stress scores. Both the VAS-S for music therapy interventions and self-guided music interventions showed significant decreases after participation in each music therapy session and self-guided practice. In conclusion, online music therapy interventions can effectively reduce the perceived stress levels of managers facing uncertainty in small hotel businesses.

The Impact of Financial Information Transparency on Corporate Governance Effectiveness

In today’s rapidly changing business environment, financial information transparency has become a key indicator for measuring the quality of corporate governance. This paper introduces the basic concept of financial information transparency, the relationship between financial information transparency and corporate governance, and focuses on the impact of financial information transparency on stakeholders, challenges and strategies to improve financial information transparency, and finally predicts the development trend of financial information transparency. It is hoped that the analysis of these issues will be helpful in improving the transparency of corporate financial information and promoting more effective and transparent corporate governance practices.

Employees’ perception of supervisors’ interest in their professional development in financial institutions in the republic of Croatia

Organizations today need leaders who understand the complexities of a rapidly growing and changing business environment. The subject of this research is employees’ attitudes on the interest of their superiors in their professional development in financial institutions in the Republic of Croatia. The objective of the study is to explain the attitudes of employees of financial institutions in the Republic of Croatia about the interest of their superiors in their professional development. The survey was conducted online. The sample size is 3141 respondents/ employees. The hypothesis “There is an interest of superiors in the personal and professional development of subordinates” is to be rejected. The obtained results show that in the financial industry in Croatia, employees find that superiors have no interest in their professional development. Through further analysis, research results provide differences in the respondents’ attitudes about the interest of their superiors in the professional development of employees in financial institutions. The interpretations are explanations of why certain groups of examinees have the attitudes they expressed, which represents the objective of the research.

Analisis Kinerja Pegawai pada Dinas Pertanian Kabupaten Karawang

In the era of organizational dynamics and changing business environments, enhancing employee performance becomes a pivotal factor for the success of an institution. This research aims to investigate and comprehensively analyze the performance of employees in the Department of Agriculture of Karawang Regency. The method in this research is descriptive qualitative. The results of this studyindicate that motivational aspects, such as the fulfillment of physiological needs, security, social relationships, recognition, and self-actualization, have a positive impact on employee performance. A profound understanding of the contributions of employees with initials L, A, and D in achieving quantity targets, maintaining quality, and ensuring timely completion of tasks provides a foundation for designing effective workplace motivation strategies.

Competition policy and agent discretion: transatlantic regulatory cooperation in the digital economy

ABSTRACT Despite a framework of bilateral agreements governing cooperation in competition policy since 1991, the European Union (EU) and United States of America (US) established a new Joint Technology Competition Policy Dialogue in 2021, which was different from previous cooperation and separate from the transatlantic Trade and Technology Council. Drawing from the principal-agent literature, this article argues that the choice to establish the new Joint Dialogue can be understood as an exercise of discretionary authority by agents in different jurisdictions with similar preferences who responded similarly to the common external factor of digitalisation. Facing new and shared challenges arising from the digital economy, the EU and US competition authorities undertook a new effort at cooperation – the Joint Dialogue – through which regulatory agents at various levels can interact, exchange information and improve enforcement in a rapidly changing business environment.

Synergy between multidimensional intellectual capital and digital knowledge management: Uncovering innovation performance complexities

This paper aims to deepen our understanding of the contingency and complex interrelations between multidimensional intellectual capital (IC), technology-based knowledge management (KM), and innovation outcomes in the rapidly changing business environment. More particularly, we investigate causal recipes for high innovation performance consisting of traditional IC components (human capital, structural capital, relational capital), the three more recently emerging IC dimensions (renewal capital, entrepreneurial capital, trust capital), and digital KM practices. This study adopts neo-configurational perspective and fuzzy-set qualitative comparative analysis (fsQCA) to explore multiple conjunctural causations of innovation performance using survey data collected from 102 publicly listed enterprises in Taiwan. Although the four identified archetypes (causal recipes) indicate that all IC dimensions and digital KM are potential collaborators contributing to high innovation performance, they also emphasize the critical role of digital KM in leveraging relational and trust capital for superior innovation performance. Human, structural, entrepreneurial, and renewal capital seems to be a supporting chorus for open and collaborative innovations in the digital era.

Digital transformation impact on business decision-making

The objective of this study was to assess the different ways in which digital transformation tends to affect business decision-making processes. To accomplish this objective, a mixed research design was used in this study. Accordingly, both quantitative and qualitative methods were used, in the form of secondary research and pilot testing. The findings obtained from the study revealed that companies continue to face challenges related to their need to integrate digital transformation and sustain in the incessantly changing business environment.

Evolución de las Prácticas de Gestión Corporativa: Tendencias y Desafíos Actuales

The article addresses the evolution of corporate governance practices in the context of current challenges such as sustainability, digitalization and social responsibility. The main objective of the study is to analyze emerging trends and challenges faced by organizations in adapting their governance systems to a constantly changing business environment. A qualitative literature review methodology is used to compile and analyze previous studies on corporate governance, with a particular focus on the integration of environmental, social and governance (ESG) criteria. The results indicate that companies are adopting more inclusive strategies, with an increase in the representation of women and minorities on boards, and the integration of new technologies such as artificial intelligence to improve operational efficiency. However, significant challenges related to cybersecurity and ethical data management are identified. The discussion suggests that the ability of companies to adapt to these changes will determine their future success. In conclusion, the importance of flexible and adaptive governance to respond to growing expectations of sustainability and transparency is emphasized.

The Review of the Mediating Role of Organizational Agility in The Impact of Entrepreneurial Orientation on Corporate Performance

This article explores the role of organizational agility as a mediator between entrepreneurial orientation and business success. The research delves into the definitions and significance of entrepreneurial orientation, organizational agility, and corporate performance, providing a thorough literature review to understand the interactions among these components. Employing a comprehensive review of existing literature and empirical investigations, the study presents evidence that organizational agility significantly impacts both entrepreneurial orientation and company success. Specifically, it mediates the positive effects of entrepreneurship on performance. The findings emphasize the importance of understanding these elements to grasp the intricate relationship between entrepreneurial orientation and business success. The research offers valuable insights for firms aiming to enhance their management practices and strategic decision-making, particularly in adapting to a rapidly changing business environment. It establishes a robust theoretical foundation for understanding the interplay between entrepreneurial orientation, organizational agility, and corporate performance, offering practical guidance for businesses seeking to refine their strategic management approaches. Future research should continue to explore the effects of organizational agility on entrepreneurial orientation and corporate success, with a particular focus on contextual factors that might influence this mediation.

Sustainable Entrepreneurship: Interval Analysis in Risk Management and Uncertain Economies

Sustainable management in high-tech enterprises is a key aspect of successfully operating modern companies, especially under conditions of risk and uncertainty. This study reviews the field of sustainable management and interval analysis and identifies the main trends and challenges facing high-tech enterprises in the modern world. This study emphasizes the importance of applying interval analysis in making strategic decisions and developing sustainable business models that can adapt to variable environments. This paper presents empirical data, illustrating the practical application of interval analysis tools in the management in high-tech enterprises. It analyzes the effectiveness and potential of this approach to increase the levels of sustainability and competitiveness of organizations in constantly changing business environments. In general, this article is a valuable contribution to the development of sustainable management theory and practice for high-tech enterprises, enriching the existing knowledge in this area and offering new perspectives for research and practical application. Our research has been validated and is presented in the results section. The purpose of this study is to present current developments in methodologies and tools for risk measurement within the probabilistic paradigm of uncertainty, which are supposed to be used in relation to the economic evaluation of real investment projects. The methodological directions or approaches to risk measurement formed in this context are (1) based on quantile measures, within which the quantitative aspect of risk is modeled using quantile quantiles of the distribution of a random variable describing the possible (predicted) results of economic activity; (2) the Monte Carlo method, which is a tool for evaluating the indicators of economic efficiency and risk in justifying real investments, taking into account different distribution laws and mutual relations for the financial and economic parameters of the investment project, as well as its computational and instrumental elaboration.

The missions of companies in the Henokiens Association: Content analyses of their configuration with linkages to business longevity

Rapidly changing business environments and fierce competition are making it increasingly difficult for modern companies to maintain competitive advantage and accomplish business longevity. This study can fill the research gap in mission research and longevity research, and provides implications on what form and content of mission should be selected when determining the direction of a company’s corporate strategy. Although a company’s mission is a communication tool that represents the company’s strategic priorities and unique values, it has rarely been considered an important factor in business longevity. This study conducts a content analysis of the mission statements of 43 companies in the Henokiens Association to clarify the linkage between a company’s mission and business longevity and the configurations of long-lived firms’ missions. Our results show most long-lived firms have clear missions and perceptions of familism expansion. The firms’ past, present, and future additions to their concern for products, business growth, unique philosophy, and stakeholders are highlighted in their mission statements. Therefore, the main theoretical contribution of focusing on the corporate mission as a factor of business longevity in this study is not only a new approach to the longevity factor, but also the discovery of new values of the mission in strategic management research. The practical contribution of this study is that it reveals that companies seeking long-term competitive advantage in the market need to design, possess, and share a high-quality mission from a long-term perspective and instill the ideology of extended familyism. It can also provide hints about strategic priorities for small, family-run businesses facing threats to their survival.

The merger of Slice and North East Small Finance Bank: a marriage made in heaven?

Learning outcomes After completion of the case study, the students will be able to explore the challenges involved in growing a business during its early stages inorganically, discuss the challenges faced by start-ups in their quest for growth in an emerging market, investigate the reasons behind the mergers and acquisitions, comprehend the issues in the merger of a start-up and a conventional bank, identify the various possible synergies out of the merger and examine the growth strategies that a troubled start-up such as Slice can follow to survive and expand its business operations. Case overview/synopsis The case study discusses the challenges that Slice, a modern fintech organization, and North East Small Finance Bank (NESFB) face due to the changing business and regulatory environment. After working tirelessly to earn the trust of India’s banking regulator, Slice got the approval for its merger with NESFB. While Slice and NESFB got a new lease of life after the approval of their merger, Rajan Bajaj, founder of Slice, needed to make the merger a success by leveraging on the strength of the combined entity and meeting all the lending and other regulatory requirements applicable to small finance banks. Complexity academic level This case study is suitable for MBA/MS/BBA/BS students. Supplementary materials Teaching notes are available for educators only. Subject code CSS 11: Strategy.

Strategi Komunikasi: Reintegrasi Sosial Anak Berhadapan Hukum di Kabupaten Nunukan

Social issues involving children in conflict with the law in Indonesia, particularly in Nunukan Regency, are increasingly complex. The Ministry of Social Affairs, focusing on such cases, indicates a rise in sexual abuse cases against underage girls. Research conducted at the Social Services, Women's Empowerment, and Child Protection Agency of Nunukan Regency underscores the importance of family communication, affection, and attention in supporting social reintegration of these children. Effective communication is noted as key in this process, despite obstacles such as resource limitations. PT Pos Indonesia, facing dynamic consumer demands, is turning to strategic innovations and digital economy. Adapting to changes in business environment and consumer needs, the company is modernizing its services, investing in technology infrastructure, and shifting from profit-oriented to customer-oriented paradigms. Despite challenges, PT Pos Indonesia is committed to fostering an adaptive and innovative organizational culture, and leveraging technology to overcome supply chain obstacles and increase efficiency.

How to stay competitive: An innovative concept to assess the business competitiveness using online restaurant reviews

Nowadays customers would make decisions by reading online reviews and comparing differences in restaurants before visiting. Therefore how restaurants take advantage from such information is important to attract customers and stay competitive. Many researchers believe that increasing business performance could improve competitiveness. However, with changing customer requirements and business environment, it is challenging to understand which attributes matter the most to customers and how to improve considering competitors. Therefore this study proposed assessing restaurant competitiveness using online reviews. After crawling 38,479 online reviews employing Python, deep learning-based BERT is developed to measure attribute performance and understand the competitiveness through McKinsey Matrix. Then, the competitiveness was analyzed from a temporal dynamic view to present how attributes are changing importance. Notably, the asymmetric effects between attribute performance and satisfaction were considered. Results demonstrated encouraging accuracy in measuring restaurant competitiveness and explained how asymmetric McKinsey Matrix could help formulate efficient competitiveness enhancement strategies.

Strategic planning: attracting investments in agro-industrial enterprises

Since agriculture is an important sector of the Russian economy, the problem of lack of capital in this industry is still relevant. The article shows that the effective functioning of agricultural enterprises in modern conditions of a dynamic and rapidly changing business environment in the long term depends on the development of new and more advanced approaches to investment planning. The problem of the study is related to the absence or imperfection of strategic management of investment policy at many enterprises in the agricultural sector, which leads to their difficult financial situation, slows down their development and reduces competitiveness. The main purpose of the presented research is to form proposals for improving the strategic planning model by developing and implementing investment strategies of enterprises of the agro-industrial complex (hereinafter referred to as AIC). In the course of the study, a review of domestic and foreign literature has been conducted reflecting the issues of the investment planning. Within the framework of the modern approach to the problem, the following research methods are used in the article: literature analysis, classification, comparative analysis, description, observation, and statistical method. Special attention in the methodology is paid to the digital transformation of the investment activity of the AIC in Russia and the world. The author substantiates that the modern strategy of attracting investments in the AIC enterprises should radically differ from previous approaches and be implemented with consideration to the development of the information technology market. It is necessary that this approach facilitates the transition of the Russian AIC to the formats of “Agriculture 4.0” and “Agriculture 5.0”.

Application and Practice of Agile Methods in Project Management

. In the rapidly changing business environment, traditional project management methods often struggle to cope with high uncertainty and swiftly changing demands. Agile methods, known for their adaptability and flexibility, have become an effective tool to address this issue. This paper deeply analyzes the core principles of agile methods and, combined with practical cases across multiple industries, discusses their application and effectiveness in project management. The research finds that agile methods not only improve project adaptability and team collaboration but also significantly enhance customer satisfaction. The study emphasizes that although agile methods perform well in practice, they also present challenges that require continuous practice and optimization to overcome.

The future of medicine: an outline attempt using state-of-the-art business and scientific trends.

Currently, there is a lot of discussion about the future of medicine. From research and development to regulatory approval and access to patients until the withdrawal of a medicinal product from the market, there have been many challenges and a lot of barriers to overcome. In parallel, the business environment changes rapidly. So, the big question is how the pharma ecosystem will evolve in the future. The current literature about the latest business and scientific evolutions and trends was reviewed. In the business environment, vast changes have taken place via the development of the internet as well as the Internet of Things. A new approach to production has emerged in a frame called Creative Commons; producer and consumer may be gradually identified in the context of the same process. As technology rapidly evolves, it is dominated by Artificial Intelligence (AI), its subset, Machine Learning, and the use of Big Data and Real-World Data (RWD) to produce Real-World Evidence (RWE). Nanotechnology is an inter-science field that gives new opportunities for the manufacturing of devices and products that have dimensions of a billionth of a meter. Artificial Neural Networks and Deep Learning (DL) are mimicking the use of the human brain, combining computer science with new theoretical foundations for complex systems. The implementation of these evolutions has already been initiated in the medicinal products' lifecycle, including screening of drug candidates, clinical trials, pharmacovigilance (PV), marketing authorization, manufacturing, and the supply chain. This has emerged as a new ecosystem which features characteristics such as free online tools and free data available online. Personalized medicine is a breakthrough field where tailor-made therapeutic solutions can be provided customized to the genome of each patient. Various interactions take place as the pharma ecosystem and technology rapidly evolve. This can lead to better, safer, and more effective treatments that are developed faster and with a more solid, data-driven and evidence-concrete approach, which will drive the benefit for the patient.

Beyond Information Overload: Leveraging How the Brain Learns for Meaningful Impact

Abstract: This article discusses the importance of understanding neuroscience principles of how the brain learns and integrates new information with prior knowledge through its natural associative processes, as when new concepts are linked to past experiences through meaningful connections and context. Emotion is also key to effective memory and learning, as emotional experiences are more vividly remembered due to evolutionary priorities, yet interactions often lack meaning and human connection to optimize learning. Practical applications for organizations are suggested, such as frontloading context in new initiatives by relating them to past strategies and challenges faced, explicitly connecting new hire onboarding information to personal experiences, enhancing trainings with impactful real-world examples, and leveraging empathy during product development by mapping user needs and tying features back to core motivations. By consciously activating neural networks through association, emotion, context and meaning, organizations can optimize the brain's innate learning abilities compared to passive data consumption, forming deeper, more accessible insights through simple yet intentional techniques. This allows companies to cut through information overload and strategically leverage knowledge in today's changing business environment by operationalizing cognitive principles of learning.

Embracing Business Sustainability: The Case of Small and Micro Tourist Accommodation In The Upper East Region

Purpose: This study holds significant importance as it delves into the degree to which small and micro tourist businesses (SMTBs), particularly small lodging businesses in the Upper East Region of Ghana, have adopted the concept of sustainability. This investigation is crucial for understanding the current state of sustainability in the tourism industry. Design/Methodology/ Approach: This study employed a purposive sampling technique and conducted a comprehensive survey of 196 lodging facility owner-managers. The responses of 144 participants were meticulously examined to gauge the level of sustainability embraced by their companies. A 5-point Likert-type scale, ranging from 1 (not at all) to 5 (very much so), was used to measure the responses. The statistical techniques of ANOVA and frequency analysis were employed to investigate and test the means of the variables and their significance across business categories. Findings: The findings revealed that, depending on the type of business, there are notable variations in the following areas: 1) attitude toward accepting sustainability; 2) application of sustainability for their enterprises; and 3) understanding of the obstacles to applying sustainability among owner-managers of lodging houses. Research Limitation/Implication: This study was only exploratory due to some practical constraints and methodological limitations that prevented the inclusion of a wide range of sectors. It also focused on SMTBs in only the Upper East Region of Ghana. Practical Implication: A policy foundation is necessary for small businesses to respond dynamically to changing business and social environment trends. For example, environmental marks in the manufacturing industry, environmental tourism management practices, and environmental tourism consumption experiences should be introduced and rewarded, and related promotion measures should be specified. Social Implication: The study recommends policy options for improving SMTB sustainability and how their establishments can impact the environment and society. Originality/Value: The study's originality is how SMBTs respond to environmental sustainability concerning their business characteristics at the local level. Secondly, the Upper East Region of Ghana has many tourism businesses; hence, there is a need to understand the concept of sustainable tourism specifically applied to business activities.