Company Level Research Articles

ASSESSMENT OF CLIMATE CHANGES ON THE WINE SECTOR

We evaluate the sustainability of the wine sector through bibliometrics at the European level in the last twenty years. This evaluation model is a new one in this sector and offers a bibliometric analysis at the European level where 169 types of research on sustainability in viticulture are analyzed with the help of the VOS viewer software, by linking the keywords, the author, and the titles of the documents.The research aims to contribute to the knowledge of the current state of research by identifying the top clusters created from the coupling of documents. The results show the special perspectives at the level of companies and the involvement in the development of European rural communities. Our findings show that viticulture can bring added value, and the proposals are particularly focused on the development of viticulture-related activities, their diversification, health and environmental protection, and a range of social changes.

Analysis of the Effect Current Ratio on Return on Assets at PT Astra Otoparts TBK.

This study makes an important contribution in understanding the relationship between current ratio and return on assets at PT Astra Otoparts Tbk. Through the use of a simple linear regression test on financial statement data for the period 2015-2022, this study intends to explain the extent to which the current ratio affects the company's return on assets. Current ratio, as the independent variable, is used as an indicator of the company's ability to meet its short-term obligations, while return on assets, as the dependent variable, reflects the company's level of profitability. The results show that, although the current ratio has a positive influence on return on assets, the influence is not statistically significant. In other words, the increase in current ratio does not contribute significantly to the increase in return on assets at PT Astra Otoparts Tbk. The findings can provide valuable insights for company management in designing financial strategies, especially in terms of managing short-term assets and liabilities. In the context of the automotive and spare parts industry in Indonesia, where PT Astra Otoparts Tbk operates, an in-depth understanding of the factors that influence return on assets is crucial. The results of this study can serve as a basis for similar companies to evaluate and improve their financial performance, optimize asset allocation, and manage short-term liabilities more effectively. Further research and the integration of other factors in financial analysis can help shape a more holistic and sustainable business strategy amidst changing market dynamics.

Leadership Styles of Construction Professionals and Their Preferred Labor System In The Philippine Construction Industry

Worldwide construction industry faces challenges regard to problems associated with leadership and the problem are usually linked with performance of the labor. Leadership plays a vital role in any industry. Therefore, a positive relationship between the management and the employees is very crucial for any organization to get better turnover and recognition. The current study discusses the leadership styles used in the Construction Industry in Philippines. The development of construction industry in Philippines requires suitable leadership approaches of the management. In the condition of such requirement, this research paper has two-fold objectives: first, to study the leadership styles used by the higher-management levels of Filipino construction companies and second, to analyze which labor system preferred by the construction professionals. A survey was designed and carried to assess the objectives of the research. A total of eighty construction professionals were selected for the study. The survey participants were the three working groups of the three construction companies; (1) Owner of the company, (2) construction engineers/architects, (3) worker supervisors. The questionnaire has a total of 18 questions that includes position of the respondents, years of experience, preferred labor system and leadership styles assessment. Confidence level, Mean, and Frequency Distribution used to analyze the results of the respondents.

THE INFLUENCE OF FIXED ASSET INVESTMENTS, SOLVENCY ON THE PROFITABILITY OF MANUFACTURING COMPANIES LISTED ON THE INDONESIAN STOCK EXCHANGE PERIOD 2017-2020

This research aims to investigate the effect of fixed asset investment and solvency level on the profitability of manufacturing companies listed on the Indonesia Stock Exchange in the 2017-2020 period. Through analysis of company financial data, this research obtained significant findings regarding the relationship between these variables. The research results show that fixed asset investment has a positive influence on the profitability of manufacturing companies. Companies that are able to make efficient investments in fixed assets tend to achieve increased profitability because they can increase production capacity and operational efficiency. Furthermore, the company's solvency level is also proven to influence profitability. Companies with a balanced level of solvency tend to have better financial stability, which supports profitability growth. In the context of economic and policy changes in the 2017-2020 period, this research highlights the importance of understanding external factors that can influence the relationship between fixed asset investment, solvency and profitability.

Cross-Cultural Marketing Communication: A Comparative Analysis of Strategies in Global Campaigns

Due to the advent of globalisation, the establishment of global markets has led to a notable increase in the number of enterprises operating across many nations. The emergence of multicultural organisations may be attributed to companies' efforts to extend their operations outside conventional geographical boundaries. Within these firms, individuals from many nationalities interact with one another in order to accomplish the objectives of the company. The attraction and profitability of these expansions for enterprises may be evident; yet, the operational and managerial challenges associated with global firms are more complex compared to local ones. The global business landscape is shaped by a multitude of factors, including divergences in social, cultural, economic, legal, and political contexts. Engaging in global commercial operations exposes organisations to a range of potential risks, such as political risk, currency risk, and cultural risk, among others. Human resources play a vital role in facilitating the smooth running of company divisions, both at local and worldwide levels. The objective of this research is to examine the challenges associated with cross-cultural marketing faced by organisations engaged in global marketing endeavors. The research highlights the significance of possessing a comprehensive comprehension of a foreign culture, demonstrating respect towards a foreign culture, and implementing management practices that are appropriately attuned to cultural variations. These factors are identified as crucial in enabling a company to effectively address the challenges associated with cross-cultural marketing.

Brief Analysis of the Impact of the Informatic Solutions on the Accounting Processes

The last years have brought significant changes determined by the rapid progress of the IT field. These changes have spread over the business environment. To face the change, companies update their business strategies, acquire new resources adapted to the needs of the present and look for well-trained employees with a high level of adaptability. The goal – to increase efficiency at the level of all departments, a very important one being the financial accounting department. Thus, modern technological solutions become indispensable for companies. In this context, this study aims to examine the influence of the evolution of technology and the specialization of IT tools dedicated to the field of accounting on the performance level of companies. Equally, this paper captures the influence that this IT evolution has on the accounting profession and, implicitly, on the educational programs for the training of specialists. Computer systems dedicated to the accounting field are becoming essential in the management and performance of accounting and auditing activities. The method approached for the elaboration of this literature review is based on the analysis of relevant studies for this topic and specialized scientific publications. Following the study, it is concluded that the adoption of modern IT solutions can bring benefits to employees in the field of accounting and implicitly to the decision-making system of companies.

Cost Plus Pricing with a Full Costing Approach in Determining the Selling Price of Mie Aigo Bangkalan Bangkalan

This research aims to compare the selling prices applied by the Aigo Bangkalan Noodle Company with the cost plus pricing method using a full costing approach. Apart from that, the aim of this research is also to assess the company's level of efficiency in achieving profits using financial ratios, especially profitability ratios. This research utilizes a descriptive approach, with two types of data used, namely quantitative and qualitative, and adopts interview techniques as a data collection method. Analysis was carried out using descriptive analysis methods. The research findings show a difference in selling prices between companies using a pricing approach based on additional costs (cost plus pricing) and a full costing approach, with a difference of IDR 1,425 (11.42%). However, the Company's performance in generating profits is considered efficient based on evaluation using profitability ratios

Pengaruh Likuiditas dan Ukuran Perusahaan Terhadap Kinerja Keuangan dari Perusahaan Teknologi di Bursa Efek Indonesia

This research was conducted to identify the influence of liquidity and company size on the company's financial performance. This objective aims to determine whether the Company's liquidity level, such as the current ratio, quick ratio and total assets, has a significant relationship with the Company's financial performance. The results of this research show that liquidity has a positive effect on the financial performance of technology companies listed on the BEI in 2020 - 2022. The higher the level of company liquidity, the higher the company's financial performance, that company size influences the financial performance of technology companies listed on the BEI in 2020 - 2022. 2020 - 2022. The size of the company does not affect the size of the company's financial performance

The Effects and Driving Factors of Low-Carbon Transition of International Oil Companies: Evidence from a Super-SBM Model

As the main source of energy supply and carbon emissions, the oil and gas industry has entered the comprehensive low-carbon transition stage driven by various factors. Since different oil companies possess distinct understandings of transition paths, the effect of low carbon transition varies greatly. Obviously, it is necessary to evaluate the performance of low-carbon transitions within the oil and gas industry. Therefore, in this paper, 10 major international oil companies are taken as examples, and a super-efficiency slack-based measurement (super-SBM) model is applied in the present study to analyze the efficiency of low-carbon transitions. Furthermore, the logarithmic mean Divisia index (LMDI) is used to decompose the driving factors of carbon emissions and analyze their impact on the low-carbon transition of international oil companies. The obtained results reveal that although major oil companies have taken different measures in low-carbon transition and achieved a year-on-year reduction in carbon emissions, from the perspective of the efficiency of the entire production and operation process, these oil companies are inefficient in carbon emissions and need to adopt more effective low-carbon transition strategies; Moreover, after the further decomposition of the carbon emission driving factors of the 10 companies, it is found that improving the energy consumption intensity and development level of oil companies can effectively improve the effect of low-carbon transition of international oil companies. Drawing on the above findings, this paper puts forward suggestions for the low-carbon transition of energy companies, thus providing theoretical support and guidance for energy companies in different countries to implement low-carbon transition and green development strategies.

Implementation of Objective Matrix and Root Cause Analysis for Productivity Analysis PT. Indomarco Adi Prima SP Deket Lamongan

PT Indomarco Adi Prima Stock Point Deket Lamongan is one of the business units of PT Indofood Sukses Makmur Tbk, which distributes consumer products. The company has 300 outlets in grocery stores and modern stores with a distribution target of 30 outlets for each salesman in a day. However, in its implementation, the target is only sometimes achieved. Other problems, such as product delivery errors and delivery delays, occur frequently. This research aims to analyze the company's productivity level using the Objective Matrix (OMAX) method. Productivity measurement also involves the Analytical Hierarchy Process (AHP) method in determining the weight of each ratio. Based on the calculation of productivity during the measurement period from January 2022 to December 2022 using Objective Matrix (OMAX), the results obtained are productivity index values that decreased during the measurement period, namely February (-4,75%), March (-3.90%), May (-17.48%), June (-11.92%), July (-31.28%), and October (-7.04%). Then, based on the results of productivity indicator analysis, it is known which ratio indicator has the lowest value and causes the productivity index to fall, namely ratio 1, ratio 2, ratio 5, ratio 6, and ratio 7. The decrease in productivity index based on Root Cause Analysis (RCA) using fishbone diagram tools due to no heat reducer, no computer and truck maintenance schedule, less communication between employees, travel time estimation is not good, attendance system updates are not carried out, limited warehouse area, high work intensity, no instructions for the preparation of goods in the warehouse area, stock goods arrive late, rainy season, road repairs, no periodic checks, and unpredictable road conditions.

CHARACTERISTICS OF THE ACCOUNTING SYSTEM AT COMPANIES

The article describes the main features of the contemporary accounting system and evaluates the impact of its development factors at the company level from the perspective of practicing accountants. In particular, the authors examine the influence of information technologies on the organization of accounting; the tendency to separate tax and financial accounting; overloading of the accounting regulatory framework, changes in accounting related to integration processes in Ukraine. In addition, the study defines the problems of contemporary accounting, including: the complexity of the regulatory and legal framework; risk of abuse; development of information technologies; the need for additional accountant qualifications; the need to standardize rules and formats of financial reporting; the complication of accounting associated with the development of the world economy. The authors proposed directions for solving problems of the accounting system.

Corporate digital transformation, governance shifts and executive pay-performance sensitivity

We utilized text mining techniques to gauge a company's level of digital transformation and found that the higher the degree of digitalization, the more apparent the decoupling of executive compensation from performance, indicating lower sensitivity of executive pay to performance outcomes. Within the framework of agency theory, digital technology empowers shifts in corporate governance models, enabling process-based behavioral monitoring and constraining governance mechanisms, thereby reducing reliance on outcome-based incentive mechanisms. Heterogeneous analysis reveals that the substitutive effect of digitization on the pay-performance sensitivity is more pronounced in companies with lower executive ownership. These companies often rely more on compensation incentives in the absence of digital technology. Moreover, the effectiveness of digital technology in enhancing governance depends on the user's wealth of knowledge and technical proficiency. We additionally confirmed that digital transformation has a positive impact on mitigating agency problems, as it enhances information quality, improves internal control standards, reduces excessive perk, and diminishes managerial short-termism. In essence, digital transformation indeed elevates governance regime. Furthermore, we discovered that digitalization increases the association between compensation and executive effort. Our research findings provide a fresh perspective on corporate governance and executive incentive mechanisms in emerging markets.

Combination of lean thinking and A3 problem-solving methods to reduce the cost of purchasing cleaning agents in a paint manufacturer in Indonesia

One of the manufacturing industries for making solvent-based and water-based paints is located in the Cikarang area, West Java. This paint company is experiencing an increase in production due to a large number of requests for various products. The company's level of cleanliness in maintaining quality and reducing waste of operational costs is the key to the company's success in becoming an international standard company. Every year the company incurs the cost of purchasing a cleaning agent imported from Norway because it is a basic requirement in material inventory to meet customer satisfaction. The purpose of this research is to reduce the wasted costs of purchasing cleaning agents originating from imports, maintaining 5S conditions, and fulfilling customer satisfaction. The method used in this study is a combination of the lean thinking method and the most effective A3 problem-solving method which can help create consistent, clear, and structured problem-solving documentation. This research found that there is a very large cost to buy a cleaning agent in 2021 of IDR 114,331,430 which must be spent by companies in using cleaning agents. The results of this study found that there was a reduction in the cost of purchasing a cleaning agent in 2022 to IDR 4,897,900. Therefore this paint company gets operational cost savings in purchasing cleaning agent materials of 97.71%.

Enterprise digital transformation and supply chain management

This paper empirically tests that enterprise digital transformation is an important means to strengthen supply chain management, providing a new research perspective and empirical evidence for improving the level of supply chain management. The empirical research results show that enterprise digital transformation can significantly improve the company's level of supply chain management. The results of heterogeneity analysis indicate that this effect is more pronounced in samples with a high level of marketization and high industry competition intensity. The conclusions of this study offer new insights for enterprises to use digital transformation to promote the optimization of supply chain management.

Pencegahan Risiko Postur Kerja Melalui Analisa dan Rancangan Ergonomi pada Karyawan PT Asiana Garment

PT Asiana Garment is a garment company that has just opened its production site. The company also uses many tools and technologies to carry out the production process. Apart from the availability of tools and technology to achieve a smooth production process and increase the company's productivity level, ergonomic analysis of work posture is also needed. Work posture analysis was carried out on sewing and overlock operators. The results of the analysis using the REBA method showed that sewing operators had a moderate level of risk and needed improvement. The overlock operator was found to be at a high risk level and immediately required repairs. The improvement made was by redesigning the size of the chair used by the operator. The results of the design dimensions are for chair height 44.34 cm, chair length 33.8 cm, chair width 44.34 cm, chair back height 45.31 cm, and chair back width 53.92 cm

Persian game localization scene in Iran: taking stock

ABSTRACT The present study focuses on providing a descriptive account of the Persian game localization scene by offering a diachronic and synchronic account of the video games localized in the Iranian market. This is done through compiling a list of the officially and unofficially localized video games into Persian between 2000 and 2022. The localized video games are analyzed in terms of localization company, publication date, genre, platform, and localization levels. The findings suggest that official Persian game localization has been in place since the early-2000s, whereas the unofficial localization of video games is a rather incipient phenomenon in Iran, starting in the mid-2010s. Furthermore, partial localization, focused on the dubbing of games’ audio assets, used to be the most frequent localization level aimed at by official Iranian localization companies, while official game localization is currently carried out at the level of box and docs localization. Additionally, partial localization is the preferred localization level by unofficial Iranian game localization teams, with subtitles and user interface of video games being localized into Persian. The findings have implications for international game development and localization companies considering Iran, and similarly oft-ignored locales, as a potential target market.

Evaluating the Organizational Effectiveness of Industrial Enterprises Using Game Theory

Assessment of organizational effectiveness is critical to any organization. The purpose of this paper is to present a mixed approach using game theory analysis to assess the performance of organizational effectiveness within organizations. To assess the competence of each unit in assessing organizational effectiveness, the relationship between different departments within an organization is modeled based on effectiveness indicators. Furthermore, indicators related to each aspect of organizational effectiveness are expressed as inputs and outputs for determining effectiveness. The proposed model has been implemented in 20 different industrial enterprises within Slovakia, based on the information obtained in 2022. This paper is based solely on the financial and economic data of various manufacturing companies in Slovakia. With approximately 500 statements, over a period of 6 years, this paper is expected to be able to describe organizational effectiveness, which may provide a potential indication of the company's level of viability in the coming years. Statistical analyses are also performed to monitor the general practicality of the data.

Leveraging computer-assisted audit tools for corporate sustainability: Evidence from Ethiopia

The existing ample literature studied the factors for adopting computer-assisted audit techniques (CAATs) by internal and external auditors, frequently ignoring their impact on the quality of audits and companies’ efficiency. This study delivers new evidence on the kinds of CAATs utilized by internal auditors, examines their adoption impact on corporate sustainability, and studies the moderating impact of company characteristics. This study used data from internal auditors in Ethiopia gathered using a survey, and the study hypotheses were tested using the partial least squares-structural equation modeling (PLS-SEM) technique. The study found a moderate utilization of CAATs by internal auditors in executing their activities. The result also revealed a highly positive impact of internal auditors’ CAAT utilization on fraud discovery in the acquisition process. The study found that the intensity of this relationship is impacted by the companies’ characteristics of management commitment. However, the size and type of the company are not impacting it. This study finding complements prior studies and helps practitioners make decisions that can improve CAAT utilization in internal audit functions for a high level of companies’ sustainability.

Influence of Green Banking and Financial Performance Implementation to Profitability Levels in Conventional Banking Financial Companies Listed On the Indonesian Stock Exchange Period 2020

The Interesting talks in the company in Indonesia is about social and environmental issues. This event corresponds to the publication of Presidential Regulation No. 92 of 2020 pertaining to the Ministry of Environment and Forestry. As a result, having complete and accurate environmental information will lead to better environmental performance. In this situation, financial services firms such as banks can help to realize a green environment by channeling financing to environmentally friendly and sustainable businesses. The purpose of this study was to analyze the effect of Green Banking and Financial Performance on the Level of Profitability in Conventional Bank Sector Financial Companies Listed on the Indonesia Stock Exchange (IDX) for the 2020-2022 term. For a total sample of 21 enterprises, this study used the purposive sampling method and secondary data in the form of financial statements. SPSS 24.0 was used to analyze the data using the multiple linear regression analysis approach. The findings revealed that Green Accounting has a marginally (Test t) insignificant influence on Return On Asset (ROA). Return On Asset (ROA) is influenced by Capital Adequacy Ratio (CAR), Non-Performing Loan (NPL), BOPO, and Loan to Deposit Asset Ratio (LDR).

Knowledge Management Maturity Level of Steel Fabricator Companies in Indonesia

Improving the maturity of knowledge management implementation is considered a promising approach that can help companies to gain a competitive advantage and improve company competitiveness. This study was conducted to evaluate the achievement of the maturity level of knowledge management implementation in steel fabricator companies in Indonesia using the methodology published by the Asian Productivity Organization (APO) in 2020. The evaluation was carried out on 7 steel fabricator companies in Indonesia with a non-random judgmental quota sampling method by distributing questionnaires, each of the question of indicators can be rate from 1 (doing poorly) to 5 (doing very well). Based on the results of the analysis, found that from 7 categories, there are some categories need to be improved, they are "Learning and Innovation", "Knowledge Processes" and "People”. It is found that the maturity level of the application of knowledge management for steel fabricators in Indonesia is at the expansion level, where knowledge management has been implemented but has not been carried out thoroughly in the organization.