Business Practices Of Companies Research Articles

ENVIRONMENTAL ACCOUNTING FOR THE MANAGEMENT OF CORPORATE SOCIAL RESPONSIBILITY PT.GARAM KALIANGET

Environmental Accounting is the policy of incorporating environmental costs into the business practices of companies or government agencies. Corporate Social Responsibility (CSR) is a transparent and ethical behavior that supports the welfare of the community and the environment, which is integrated or applied through social activities within the organization. This research was conducted at PT. Garam (Persero) Kalianget by using Karanganyar village as one of the clarification villages as recipients and managers of CSR provided by PT. Garam (Persero) Kalianget. The results showed the application of environmental accounting at PT. Garam (Persero) Kalianget. good and optimal, this can be seen from the results of the analysis carried out by researchers using 4 aspects of environmental accounting that have been carried out well and also in the disclosure of realized costs is very transparent. For waste management, PT. Garam (Persero) Kalianget has met the feasibility standard.

Economic trade-offs – the way to optimize supply chains of goods

The article substantiates that the desired result of optimizing the supply chains of goods can be obtained in two ways: by finding the extremum of a certain function or by choosing the best option out of several possible ones by means of trade-offs. It is noted that the need to introduce economic trade-offs into the business practice of companies is justified by the awareness of the impossibility of any of the participants in the supply chain “alone” to respond properly to significant changes in external conditions and to work effectively independently. Examples of economic trade-offs in the field of interaction between participants in the supply chain of goods are given.

Evaluasi Kematangan Sistem Informasi Untuk Keselarasan Bisnis pada Perusahaan Manufaktur

This study aims to evaluate the alignment of the application of information technology (IT) with the company's business practices. This study uses COBIT 4.1. to assess the maturity of technology adoption and to explore factors that hinder the alignment of IT implementation with the business. The maturity level of technology application describes IT management in the company's overall business activities. The higher the maturity level, the clearer and more structured the role of IT and business will be. This research uses a case study method at PT. SAE (in Central Java Province). The result of this research is that PT. SAE has reached the defined process level. At this stage, the company already has standard IT management procedures, but not all business activities and not yet detailed. This problem is due to lack of strategic support from top management to achieve business goals with the help of IT. Therefore, the company needs to improve the function and role of the head of the IT department at PT. SAE.

Uticaj organizacione kulture na integraciju lanca snabdevanja

A team of employees that strives for the realization of a common goal is what every company needs, and the success of business depends on the way of functioning and thinking of that team. The organizational culture shapes the way employees think, react and behave. The business practice of companies in the Republic of Serbia has shown that the organizational culture oriented to employees, action and challenges is an important determinant of improving all business performance indicators, including the supply chain integration, which is the main topic of analysis within this paper. The dimensions of organizational culture affect internal integration, integration with customers and integration with suppliers, determining the generation of the key goal of supply chain management which refers to the delivery of the right product, at the right place, at the right time and at reasonable costs.

Influence of Environmental Knowledge on Manager’s Decision Regarding Sustainable Business Practices in Companies

Influence of Environmental Knowledge on Manager’s Decision Regarding Sustainable Business Practices in Companies

Transactions in the digital age: blockchain technology and smart contracts

Introduction. Smart contracts have become demanded agreements in the modern market with the development of crypto-currency due to their ability to provide and guarantee enforcement. To date they are performed automatically using blockchain technology. Smart contracts are the subject of debate in many countries, primarily because issues have arisen in their legal enactment in the field of regulation of digital assets and the legal recognition of blockchain technology itself, which determined the purpose of this scientific research. For the purpose of a deeper understanding of the essence of this type of agreements, a historical method has been applied in the work on the features of the formation of smart contracts. To identify key differences, a formal legal and comparative analysis of smart contracts with classical contracts in electronic form was carried out. The areas of application of smart contracts in the world and in Russia, such as banking, healthcare, insurance and public services, were also studied.Materials and methods. The methodological basis of the study was made up of the following general scientific and special methods of cognition of legal phenomena and processes, including systemic, historical, formal legal, comparative and analytical approaches.Results. An assessment is made of such contracts from the point of view of the existing civil law of the Russian Federation and further directions for study and development are proposed, including the improvement of the regulatory and institutional environment to maintain legal certainty.Discussion and conclusion. The existing legal regulation does not prohibit the use of smart contracts in the business practices of companies and individuals. But the simplicity of the transaction implementation algorithm built on the blockchain still requires some legal support.

Validating a triple bottom line construct and reasons for implementing sustainable business practices in companies and their business networks

PurposeThe purpose of this paper is to validate a triple bottom line (TBL) construct, as well as to describe the TBL reasons for implementing sustainable business practices in companies and their business networks.Design/methodology/approachThis study reports on the validation of a TBL construct, in a Spanish context, of a study originally conducted in Norway. In this validation study, 230 companies were selected for participation. A total of 89 usable questionnaires were returned, generating a response rate of 38.5 per cent.FindingsThe empirical findings indicate major similarities and minor differences between organizations in Spain and Norway across two studies. By extension, the empirical findings appear to be valid and reliable across contexts and through time.Research limitations/implicationsThis study explains the structural properties of the main reasons for business sustainability (economic, social and environmental) and business sustainability efforts in companies and the supply chains or business networks.Practical implicationsBusiness sustainability efforts need to be assessed in a systematic manner, and the validated TBL construct offers a foundation for doing this, though it needs to be complemented with other elements and details in connection with business sustainability.Originality/valueBusiness sustainability efforts have been evolving over time and are increasingly seen to consider economic viability, as well as environmental sustainability and social responsibility. This study deals with how these elements of TBL are interrelated with respect to business sustainability.

A triple bottom line construct and reasons for implementing sustainable business practices in companies and their business networks

Purpose– The purpose of this study is to test a Triple Bottom Line (TBL)-construct as well as to describe the TBL-reasons for implementing sustainable business practices in companies and their business networks. This study explores how linking these seemingly disparate pillars of sustainability may be facilitated through a TBL construct. The notion of sustainable business practices has been evolving and is increasingly understood to encompass considerations of economic viability, as well as environmental sustainability and social responsibility.Design/methodology/approach– The research is quantitative in nature, exploring and analysing how companies in different Norwegian industries implement and manage sustainable business practices based on TBL. The survey results are reported here.Findings– The relevance of TBL to different aspects of sustainable business practices is outlined. The study generally supports the view that a heightened propensity for sustainable business practices ensures that organisations are better equipped for meeting the challenge of integrating TBL in companies and their business networks.Research limitations/implications– The study tested a construct of TBL in the context of sustainable business practices. It may be incorporated in further research in relation to other constructs. Suggestions for further research are proposed.Practical implications– Useful for practitioners to get insights into TBL-reasons for implementing business-sustainable practices in companies and their business networks. It may also be valuable to assess the general status of business-sustainable practices in a company and their business networks.Originality/value– Linking two traditionally separate and encapsulated areas of research, namely, the area of business sustainable practices and the area of TBL. The current study has contributed to a TBL-construct in relation to other constructs in measurement and structural models. It has also contributed to provide insights of priority into the main reasons to implement the elements of TBL within companies and their business networks.

Joining Zone 9

Joining Zone 9

Managing the green supply chain: Concept importance and Indian IT sector case study

Supply chain management is still considered to be a relatively new business philosophy which has been the subject of the preoccupation of both scientific and expert public during the last 30 years. Regardless of its novelty, this business philosophy is very dynamically evolving, constantly improving its existent concepts and creating new ones which form part of it. In this manner it only confirms its importance for doing modern business. The introduction of the green supply chain and its adequate management should precisely be regarded in the context of the mentioned dynamic changes. The consideration of the importance of the green supply chain is the subject of detailed analysis in this paper. The very paper is divided into three parts. Within the first part we define the concept of green supply chain and its chosen important aspects, in particular its potential advantages for companies as well as its basic strategic options. The second part of the paper is dedicated to the analysis of the most important strategic activities within the green supply chain management process: green manufacturing and re-manufacturing, reverse logistics and waste management. Finally, within the third part of the paper we consider the challenges of adequate green supply chain management and the use of this concept in business practice of companies in IT sector in India.

As dívidas do Senhor Jácome Lumachi. Pernambuco e a Companhia Geral pombalina

O ensaio examina os direitos de propriedade dos credores no Antigo Regime pela ótica da ação da Companhia Geral Pernambuco e Paraíba nas capitanias do Norte. Explora a trajetória de uma família estrangeira radicada em Pernambuco, desde a década de 1760, os Lumachi, e suas alianças matrimoniais com integrantes da nobreza da terra. Sustenta-se que a abordagem dos direitos de propriedade deve buscar contextualizar o exercício desses direitos no meio social (político e econômico), a fim de reconstituir as estratégias de credores e devedores e avaliar quão efetivos são os direitos previstos na legislação.

The Spillover Effect of Corporate Social Responsibility and the Decision Markers

Organizations as well as individuals are constantly exposed to market pressures, competitions and external events. The Enron scandal illustrates the opportunity for the business-ethics legal landscape through the examination of: themes, ethical issues, and legal factors affecting the transformation of the global business trends. The business-ethics model developed in the study provided new insights for organizations and individuals to implement ethical conduct and regulate the overall business practices of companies.

''A Great Machine'' or a ''Beast of Prey'': A Boston Corporation and Its Rural Debtors in an Age of Capitalist Transformation

In the 1820s and 30s, the Massachusetts Hospital Life Insurance Company (MHLIC), established by the Boston elite to administer family trusts, invested in mortgage loans to farmers from western Massachusetts. Those aspects of Company mortgages that marked them as modern debtor-creditor arrangements\-\-formal procedures, written contracts, and above all, the necessity of punctual payments, enforced by the threat of lawsuits\-\- frightened and alienated many borrowers and fueled broader-based political protests against corporations. Rural discontent over the Company's business practices occurred as farmers underwent the difficult transition from a household to a market economy, but the Company's insistence on those practices represent the Boston elite's own adjustment to a new era of corporate capitalism. Conducting business with novel sorts of economic actors, no longer fellow merchants but distant strangers and social inferiors, elite Bostonians positioned the Company as an impersonal mechanism, irrevocably fixed in its method of operation, against what it perceived as an unreliable and assertive yeomanry. Rule-bound regularity soon emerged as not only standard business procedure but a full-blown ideological vision of a clockwork universe of business. Implying both the impartial application of rules and predictability in the business world, this vision held political and cultural appeal in an age of novel social tensions and unprecedented economic instability. Exploring the vexed relations between Massachusetts farmers and the MHLIC thus illuminates the process whereby the practices and values associated with corporate capitalism took hold among yeomen farmers and elite Bostonians alike.

Research funding, conflicts of interest, and the meta-methodology of public relations.

The power that science wields in modern society is a reflection of its ability to create knowledge that is as reliable as any product of human endeavor. Its very prestige, however, also makes it an attractive tool for public relations and marketing purposes. We are all familiar with the commercials announcing that laboratory tests prove or nine out of ten doctors agree that brand X is better than brand Y. Advertising, however, is only the most visible aspect of modern industry propaganda. Many similar endorsement strategies have been developed by the public relations industry, which prides itself on working invisibly behind the scenes to place self-serving messages for its clients in the mouths of seemingly independent third party experts. Within the PR industry, in fact, this strategy has come to be known as the third party technique. Merrill Rose, Executive Vice-President of the Porter/Novelli PR firm, explains the technique succinctly: Put your words in someone else's mouth. 1 Sometimes the technique is used to exaggerate the benefits of a product. Other times it is used to create doubt about a product's hazards, or about criticisms that have been made of a company's business practices. PR firms use a variety of quasi-scientific methodologies themselves, such as opinion polling, demographics, and psychology. At its core, however, public relations relies on assumptions that are antithetical to science. The ideological underpinning of the scientific endeavor is a belief that the truth is out there and that it can be grasped through rational human inquiry. Spin, however, is the art of arranging appearances, not substance. In this era of exploding media technologies, there is no truth except the truth you create for yourself, says Richard Edelman at Edelman Worldwide, one of the world's largest PR firms. 2 As advertising executive Jack Trout observes, Marketing is a battle of perception, not products. Truth has no bearing on the issue.

STATISTICAL METHODS FOR MANAGEMENT OF PROCESS QUALITY: A STATE-OF-THE-ART REVIEW

Companies use the Malcolm Baldridge Award criteria to provide a formal guide for self assessment. In most of the seven categories, statistical techniques play important roles. A basic tenet of Total Quality Management is that company business practices should evolve and improve over time. This philosophy of continuous improvement also applies to the development and refinement of appropriate statistical methods. This paper reviews recent developments in statistical methods for Total Quality Management, with a focus on applications to Category 5 of the Baldridge Award criteria: Management of Process Quality.