Business World Research Articles

Exploring Talent Management Practices and Corporate Social Responsibility in Finnish Companies

AbstractThe contemporary work landscape is characterized by rapid change and many evolving challenges. Therefore, companies are in increasing need for acquiring fresh knowledge and skills and human capital is acknowledged being a crucial asset for success in business world. The challenge persists in attracting, retaining and managing skilled employees. Though, the importance of corporate social responsibility (CSR) in talent management has been recognized, still there remains a gap in understanding how talent management is integrated into CSR of companies, particularly at the multilevel investigation level. A directed content analysis method was employed on CSR reports of 25 major Finnish companies to explore key talent management practices at normative, strategic, and operational levels, as well as the integration of talent management components into CSR reports. Normative values such as diversity, equity, and inclusion were consistently emphasized in the reports. However, the translation of these values into practical implementation often yielded abstract strategic principles rather than clearly defined operational practices. The companies have placed over reliance on standardized reporting methods rather than providing comprehensive insights into talent management practices.

The Impact of BMT on the Welfare of Market Traders in Kudus

The business world is an industrial world that is very supportive of the country’s economic recovery. Many Indonesians depend on the business industry, especially the lower class. Kudus City has long been a client of the City of Commerce, to be dependable on the commercial industry for their livelihood. However, the need for support for business development is still minimal. With these problems, BMT and even Islamic banks can become the main channel to support the development of the business sector in the market, which was initially a problem. This study aims to determine the effect of BMT on the welfare of market traders in Kudus City. This research uses descriptive qualitative research. Information was obtained from related journal references. Besides that, it can also be from online media. Keywords: trade, industrial, BMT, Kudus

School Partnership Management with Industry and the World of Work to Improve Student Automotive Skills Competency

Partnerships play an important role in improving the quality of education. However, many vocational schools must be more optimal in developing industrial work practice partnerships. In this case, the role of partnership policy in the scope of vocational education must involve three important components: the school board, the industrial business world, and vocational high schools. This research aims to analyze the influence of school partnership management with industry and the world of work on increasing students' automotive skills competency. This type of research is quasi-experimental, with the research design being Post-test Only Control Group Design. The sample used in this research consisted of 72 class XI vocational school students. The data collection method uses tests. The data collection instrument uses test questions. The data analysis techniques used in this research are the t-test and ANOVA. The research results show an influence between the management of school partnerships with industry and the world of work on increasing students' automotive skills competency. The impact of partnership management in honesty education has implications, including requiring the development of students' competencies not only to acquire knowledge but also to integrate skills and attitudes in the world of work.

Faktor-Faktor Yang Mempengaruhi Upaya Pencegahan Dan Pengungkapan Fraud: Peran Penting Akuntansi Forensik, Dan Audit Investigasi

Fraud is not a new disease in the global economy. This crime can even cause extraordinary losses to the business world, the country and the world. According to the ACFE, fraud costs businesses 5% of their total revenue each year. Therefore, preventative and disclosure measures are also important to address this serious problem. One of them is forensic accounting and investigative auditing. However, because it is a new field, few people understand forensic accounting and investigative auditing, still have questions about fraud, and do not know techniques for preventing and detecting fraud. This article reviews the factors that influence Fraud Prevention and Disclosure, namely Forensic Accounting and Investigative Audits, a study in the tax accounting literature. The purpose of writing this article is to build a hypothesis of the influence between variables to be used in further research. The results of this literature review article are: 1) Forensic Accounting influences Fraud Prevention and Disclosure; 2) Investigative Audits influence Fraud Prevention and Disclosure.

Impact of transformational leadership on employees’ affective commitment and intention to support change: Mediation role of innovative behavior

Given the dynamic business world and influential trends shaping how companies function, resulting in resistance, anxiety, and confusion, thereby affecting employees’ performance and well-being, it is crucial to adopt an effective leadership approach. This study aims to explore how transformational leadership impacts employees’ affective commitment and their intentions to support change, considering the role that innovative behavior can play in this relationship. A quantitative approach was used based on an online survey of 401 employees working in marketing consulting, business consulting, transportation, and IT service companies in Hungary. These employees had to go through different organizational changes, such as transformation in structure and emergence of new technology innovation. The hypotheses were tested using structural equation modeling. The study unveiled that transformational leadership significantly and positively impacts employees’ affective commitment toward organizational change but does not have any significant relationship with their intention to support it. However, overall, transformational leadership is a catalyst for employees’ responses to change situations. In addition, the intermediary role of employees’ innovative behavior in the association between transformational leadership and employees’ responses to change was confirmed as transformational leadership positively affects employees’ innovative behavior, affective commitment, and intentions to support change. With innovative behavior, the significant positive relationship between leadership and employees’ reactions to change remained effective. Transformational leadership and active team member engagement in innovation can facilitate the acceptance of change initiatives, alleviate business complexity, and foster collective efforts for individual and organizational success.

Analisis Peranan Akuntansi Dan Pelaporan Lingkungan Pada Perusahaan PT Asia Pulp & Paper (APP) Sinar Mas

In the business world, environmental accounting and reporting has become a major concern. Concern about environmental issues such as climate change, natural resource conservation, and sustainability has encouraged companies and organizations around the world to consider the environmental impact of their business operations. More and more companies are adopting sustainable business practices and committing to environmental responsibility. This research aims to provide benefits to manufacturing companies such as Asia Pulp & Paper Sinar Mas regarding the important role of environmental accounting and reporting for a company. The methodused in this researc his qualitative with a descriptive approach. The data usedare secondary data. The results of this research are on Asia Pulp & Paper Sinar Mas which has implemented and presented environmental reporting.

From Ancient Paths to Modern Highways: Mapping the Evolution of World Trade Routes and their Crucial Role in Today's Global Supply Chains Gaurav Dangre

From Ancient Paths to Modern Highways: Mapping the Evolution of World Trade Routes and their Crucial Role in Today's Global Supply Chains Gaurav Dangre

Analisis Break Even Point Perencanaan Laba pada Mochi Kaswari Bakat Jaya

The business world in Indonesia is very competitive. It is no surprise that so many businesses are thriving, progressing, and succeeding. However, some have fallen so far behind that they have to declare bankruptcy. Therefore, companies need to plan their profits as well as possible in order to avoid bankruptcy. One thing that management can do to face the challenges of corporate competition is to be able to organize its operations effectively. The qualitative method is a method with a research process based on understanding a phenomenon with the approach that the data produces descriptive analysis in the form of oral sentences from the object of research. This research uses a qualitative analysis approach and is descriptive, with data collection methods using observation, interviews, documentation, and quantitative analysis techniques. From the results of the Break Even Point calculations that have been carried out, it will reach the break-even point in sales if in 2021 it must be able to sell production equal to Rp. 183,259,260 or more than that nominal, in 2022 it must be able to sell production equal to Rp. 185,775,000 or more than that nominal, the year must be able to sell production equal to Rp. 283,779,999

Rancang Bangun Sistem Informasi Warga Berbasis Mobile pada RW 006 Kelurahan Cipinang Jatinegara Jakarta Timur

Rukun Tetangga/Community Association, hereinafter abbreviated as RT/RW, is an institution formed through RT/RW deliberations which has an important role in maintaining and preserving community values based on cooperation and kinship; expediting the implementation of government duties in the field of rural or urban and community development, as well as empowering all government organizations and the business world to improve community welfare. Therefore, RT/RW must provide good services to their citizens to create a conducive society. People need services at any time, but these services can only be provided to residents in the afternoon or on holidays because RT/RW administrators have personal interests. Currently, the quality of public services provided by government institutions is still not optimal, services to the community are not running optimally. This problem can be overcome by building a mobile-based citizen information system that is capable of being a communication medium between residents and RT/RW administrators. Through the use of mobile technology, citizen information systems enable citizens to quickly access information related to community activities, important announcements, and public services available around them. This application also makes it easier for residents to report problems or community needs directly through an integrated reporting feature. Thus, it is hoped that the adoption of this technology can have a positive impact in improving the quality of life and strengthening the social ties of local communities. This application aims to make it easier to get information about activities/events or other necessary information, as well as make it easier to make reports or complaints in the form of a mobile application.

Perceptions and Attitudes of SMEs and MNCs Managers Regarding CSR Implementation: Insights from Companies Operating in the Retail Sector

To establish a responsible business environment, it is important to analyze the way corporate social responsibility (CSR) is implemented within the business world. In this respect, managers play a crucial role in designing and applying the CSR concept and practices. Therefore, this paper aims to identify and analyze the perceptions and attitudes of medium-sized enterprises (SMEs) and multinational companies (MNCs) managers in the Romanian retail sector related to CSR implementation. A documentary research approach and a qualitative research methodology through the use of four focus groups were utilized to fulfill the above-mentioned purpose. Additionally, the authors employed content analysis and Nvivo 14 software to process the collected data. The findings indicate that the size of firms represents a key element of managers’ perceptions and attitudes regarding CSR. Particularly, SME managers have a lower level of familiarity with the concept and the potential advantages for business compared to MNC managers. Furthermore, when it comes to CSR practices, MNCs use a comprehensive approach to meeting the demands of their stakeholders, whereas SMEs prioritize the requirements of their employees. One major obstacle in implementing the CSR concept continues to be the high expenses involved in the businesses.

Does digitalisation enable small and medium‐sized enterprises to become more sustainable?

AbstractEnvironmental sustainability is currently of paramount importance worldwide. In this context, digitalisation has emerged as a transformative force in the business world, and small and medium‐sized enterprises (SMEs) need to adapt to sustainability and digitalisation without neglecting performance. The objective of the study is to establish the connection between the positive financial outcomes resulting from digital capabilities and the ability of SMEs to become environmentally sustainable. Additionally, a theoretical framework has been developed to explain the results from the analysis of a reflexive structural equation model using data collected from 975 Spanish SMEs. The results indicate that investing in digitalisation allows companies to become more environmentally responsible and achieve qualitative growth in terms of reputation. Furthermore, digitalisation promotes quantitative growth through improved efficiency, cost savings, enhanced product quality and increased customer satisfaction. Lastly, the study model demonstrates that profitable companies are more likely to be sustainable.

Peran Kepemimpinan Adaptif Dalam Mendorong Inovasi dan Kreativitas Tim: Studi Literatur

In the era of globalization, the business world often faces many challenges. Challenges that often occur in companies that consist of individuals with different cultural backgrounds. This diversity, can provide benefits in the form of various perspectives and ideas from each employee of the team. But it can also pose challenges in terms of communication and collaboration. In addition, the increasingly fierce competition between companies encourages teams to innovate in order to survive and excel in the market. To encourage team innovation and creativity, adaptive leadership plays an important role. Writing this article using a literature study (literature review), this method uses previous research that is reviewed. The results of the study of adaptive leadership are leadership that is able and intelligent to deal with situations in a diversity of events by developing creative solutions. leaders with adaptive qualities motivate their followers/subordinates to welcome new things, increase confidence in decision making and face challenging situations. Companies often experience many challenges both internally and externally. To face these challenges, a leader who is able to adapt and motivate his employees to be more confident in their opinions is needed. Through this, companies can increase innovation and creativity in competition between companies and can achieve the desired goals.

The Role of AI in Management

This study investigates "The Role of AI in Management" and aims to understand the impact of AI technologies on various management practices within organizations. The problem of the study arises from the increasing adoption of AI in the business world and the need to comprehend its implications for managerial decision-making, organizational efficiency, and employee experiences. The study focuses on both theoretical and practical aspects, providing insights that can inform academic research and guide organizations in leveraging AI effectively. To address the research problem, a cross-sectional study design using a questionnaire as the primary data collection tool has been selected. This design allows for the collection of quantitative data at a specific point in time, providing a snapshot of the relationship between AI and management practices. The questionnaire will be administered to professionals and managers across diverse industries, representing organizations that have implemented AI technologies in their management processes. The importance of this study lies in its theoretical and practical contributions. Theoretically, it expands the understanding of the role of AI in management by examining its impact on decision-making processes, organizational structures, and employee roles. It contributes to the existing body of knowledge by exploring the nuances and complexities of AI implementation in managerial contexts. Practically, the findings will provide insights and recommendations for organizations seeking to adopt or optimize AI technologies in their management practices. It will guide decision-makers in understanding the potential benefits, challenges, and best practices associated with AI integration. The scope of this study encompasses professionals and managers across various industries, ensuring a diverse representation of AI adoption in management practices. The focus is on organizations that have implemented AI technologies and are actively utilizing them in their decision-making processes, resource allocation, and performance evaluation. The study aims to capture the perceptions, experiences, and attitudes of participants related to the role of AI in management. Data will be collected through a structured questionnaire distributed electronically to the selected participants. The questionnaire will capture quantitative data on participants’ perceptions, experiences, and attitudes towards AI in management. It will include closed-ended and Likert-scale questions, enabling efficient data collection and analysis. The collected data will be analyzed using appropriate statistical techniques, including descriptive statistics, correlation analysis, and regression analysis. By employing this methodology and research tools, this study seeks to provide a comprehensive understanding of the impact of AI on management practices. The findings will contribute to both theoretical knowledge and practical insights, guiding organizations in leveraging AI effectively to enhance decision-making, improve operational efficiency, and foster innovation in management processes.

A study of the impact of cloud based accounting on maintenance of Accounting Records in the Business

Accounting is the language of business, serving every trade since its inception. The emergence of accounting software using cloud technology has improved and significantly changed accounting practices, one of the tremendous IT innovations of the last decade. Today the business world is changing and becoming more competitive and sophisticated due to the advancement of cloud based technologies. Like other areas of business, accounting has also adopted cloud computing solutions to provide relevant and specific information as well as a real-time overview of the business for all stakeholders. Although cloud-based accounting is becoming more and more common, many business owners and professionals are not entirely sure what it is, what its benefits are, or how it will shape the future of accounting. This paper has been prepared in an attempt to include a theoretical overview of cloud based accounting with its concept, benefits, comparison with traditional accounting and some other important aspects that will shape the accounting profession in the coming years. In this paper primary data has been collected and analyzed to obtain information about the use and benefits of cloud based accounting software.

Critical Factors Influencing the Success of Social Entrepreneurship

Social entrepreneurs are solving agents for social and economic problems. Having innovations aimed to tackle the unlimited human problems innovators enter into the business as social entrepreneurs. Putting independent scientific findings into the practical field of business poses several problems requiring the entrepreneur to tackle the issues and challenges of the business world. This study aimed to answer the linkage of innovation with social entrepreneurship, the relation of individual innovators with entrepreneurship, types of the support the society can provide to social entrepreneurs in their contribution to solving the unlimited human problems, and the role of political economy in achieving success by social entrepreneurs. The methodology employed for the study involves a review of the findings of previous studies and an analysis of the opinions of the leading social entrepreneurs. The main finding of the study includes an educational program to clarify the duality of the understanding of social entrepreneurship, preparation, and implementation of robust business strategy along with identification of market relevance of innovation, innovative funding of start-up and scaling stage of entrepreneurship, perpetuity in innovation for sustainability, friendly public policy and public sector as a potential partner in achieving success of social entrepreneurship as the critical factors.

Evaluasi Pengukuran Kinerja dan Penerapan Balanced Scorecard pada PT. Citra Kridatama

By using the Balanced Scorecard approach, the purpose of this study is to determine the level of performance and factors that affect the performance of PT CITRA KRIDATAMA. Questionnaires were distributed to 35 employees to evaluate the performance of PT CITRA KRIDATAMA. By using the Balanced Scorecard, performance measurement will be carried out from four (4) points of view: financial, consumer, internal business processes, and learning and growth. With a total score of 0.277, this study shows that there is no significant relationship between employee performance and their job. The correlation figure of 0.189 indicates that performance tends to increase and vice versa. Based on the recommended results, PT CITRA KRIDATAMA should concentrate on employee productivity. One way to create a competitive strategy in the face of the business world is to use the Balance Scorecard.

Factors influencing user experience in AI chat systems – a satisfaction study based on factor analysis and linear regression

PurposeSince the introduction of the outstanding web AI chat system, ChatGPT, it has caused a significant impact in both academia and the business world. Many studies have started to explore its potential applications in various fields. However, there is a lack of research from the perspective of user experience. To fill this theoretical gap and provide a theoretical basis for the operation and design of related services, this study plans to develop a set of evaluation scales for AI chat system user experience and explore the relationship between various factors and user satisfaction.Design/methodology/approachThis study obtained 41 evaluation indicators through literature review and user research. Subsequently, these indicators were used as questionnaire items, combined with satisfaction metrics. A total of 515 questionnaires were distributed, and factor analysis and linear regression were employed to determine the specific elements influencing user experience and the user satisfaction model.FindingsThis study found that the factors influencing user experience are usefulness, accuracy, logical inference, interactivity, growth, anthropomorphism, convenience, credibility, ease of use, creativity, and security. Among these factors, only accuracy, anthropomorphism, creativity, and security indirectly influence satisfaction through usefulness, while the rest of the factors have a direct positive impact on user satisfaction.Originality/valueThis study provides constructive suggestions for the design and operation of related services and serves as a reference for future theoretical research in this area.

Literature Review: Development of Credit Union Research Topics Perspectives in The Field of Financial Accounting

In the modern era, technological developments are changing so rapidly that they are causing social imbalances, including in the business world. Current entities must be able to adapt to changes in the modern era, one of which is the non-profit Credit Union entity. The purpose of this research is to examine trends in mapping the development of Credit Union research because considering the current conditions, many non-profit entities need information to make decisions quickly, accurately and accountably. This research uses descriptive quantitative methods with a Literature Review model using VOSviewer and Publish or Perish. The data used is secondary data obtained from the official website of the Scopus journal. The research conducted focuses on the sub areas of Financial Inclusion, Consumer Welfare, Commercial Banks and Cooperatives. The research results found a total of 200 Scopus articles from 2018 to 2024 and sorting was carried out to find articles that were relevant to Credit Unions. The results of this sorting found 59 Credit Union articles. Thus, the sample size of this research was 59 articles from the 200 articles found. The development of Credit Unions with analysis of topics, keywords, authors, journal names, organizations and countries is the result of research mapping. Researchers also found that the development of Credit Union research fluctuated every year based on the results of the researchers' analysis. The contribution of this research is to provide an overview of a broader research area for future researchers in the Credit Union research topic focused on financial accounting.

How do we reverse the decline in accounting majors?

The accounting profession is an integral part of the business world. With an undergraduate degree in accounting, students have various career paths. In recent years, there has been a decline in the number of students selecting accounting as a major, creating concern and a demand for such students. This study surveyed students enrolled in three different introductory business classes. They were asked to identify what is important to them when selecting a major and whether they can achieve that with an accounting major. Additionally, the students were asked if there are initiatives that can occur in introductory business classes that would make students interested in becoming an accounting major. Findings intimate that a collaborative effort is required between higher education (instructors and institutions) and the profession to improve accounting major enrollment.

Implementasi Strategi Kewirausahaan Dalam Konteks Pendidikan: Mewujudkan Dinamika Kompetitif di Lembaga Pendidikan

This research utilizes the library research method, which involves the use of library sources as the basis for collecting research data. These sources include books and scholarly journals relevant to the topic under investigation. The purpose of this research is to know and understand the implementation of entrepreneurial strategies in the context of education as a whole. This research discusses the implementation of entrepreneurial strategies in the context of education and how it can realize competitive dynamics in educational institutions. In this challenging era, educational institutions are required to not only produce academically qualified graduates, but also have the readiness to face the rapidly changing business world. The data collected was carefully analyzed to support the arguments built in this study. The findings of this study illustrate that the implementation of entrepreneurial strategies in education can create a dynamic and competitive atmosphere in educational institutions. This can be realized through building soft skills or entrepreneurial character, developing quality educational programs, and implementing effective marketing strategies. The implications of this research provide an important contribution in enriching the understanding of the importance of entrepreneurship integration in an educational context and how it can produce graduates who are ready to compete in an increasingly complex business world.