Life Companies Research Articles

Personnel motivation in the sphere of business management

Introduction. The paper deals with the peculiarities of personnel motivation in the field of business management that organization and use of values management help to strengthen the value of staff identity and is focused on the formation of the value system in the company as a whole. The purpose of the paper is to study of the personnel motivation system in the field of business management. Results. The result of the study is the generalization and systematization of the concepts of management of value staff. According to the results of the study, dominant trends in the organizational behavior of employees were revealed, depending on their level and tendency to changes in work. Increasing labor productivity and efficiency can be achieved by using your own potential through a motivational mechanism and makes work interesting. The peculiarities of changes in the work used by employees in organizations do not allow them to reduce the stress of working with people, which inevitably leads to psycho-emotional burnout. The methods used allow to provide the risks of professional burnout, the dismissal of the employee and the reduction of qualitative indicators, as well as to determine the dominant strategy of rethinking their organizational behavior. Conclusion. Value management integrates economic (labor efficiency) and psychological (involvement, relationships, satisfaction from work). It is an integral part of a developed organizational culture and becomes available only at a certain stage of the company's life cycle. The management of values based on a resource approach allows the leader to improve the economic indicators of the organization at the expense of personal resources of employees (through their involvement, identification of personal values with values of the organization) without the use of additional financial incentives and penalties.

Pengaruh Siklus Hidup Perusahaan, Board Size, Sales Growth, Dividend Payment dan Research and Development Expenditure terhadap Cash Holding

This research aims to analyze the influence of the company's life cycle, board size, sales growth, dividend payment, and research and development expenditure on cash holding. The data used in this study are secondary data sourced from the annual reports of manufacturing companies listed on the Indonesia Stock Exchange for the period 2018-2022. The research sample was selected using purposive sampling, resulting in 25 companies as samples. The data analysis method used for hypothesis testing is multiple linear regression using SPSS software. The research results indicate that the Company's Life Cycle has a positive influence on Cash Holding, while Board Size, Sales Growth, Dividend Payment, and Research and Development Expenditure have a negative influence on Cash Holding. This research is expected to be considered by management and investors to pay attention to the company's life cycle, board size, sales growth, dividend payment, and research and development in order to maintain cash holding stability and minimize losses. Keywords: Board Size, Cash Holding, Company Life Cycle, Dividend Payment, Research And Development Expenditure, Sales Growth.

The Influence of Brand Image and CRM on Customer Loyalty in the Fashion Industry in Lamongan (Case Study at World Hijab Outlet)

Indonesian people have extensive knowledge about the fashion industry, and developments related to fashion in Indonesia are experiencing a very worrying acceleration. So that a company's life cycle can continue to operate, grow and achieve its goals, the fashion industry in Indonesia is increasingly tightening market competition. CRM and customer perception of brand image are important factors in building consumer loyalty. The purpose of this writing is to determine the impact of customer loyalty and (CRM) on brand image in the fashion sector in Lamongan. This writing category uses quantitative methodology, collecting data from a sample of 90 respondents by distributing questionnaires through survey techniques using random sampling. The analysis was carried out using SPSS version 26. The results of this paper show that the Brand Image (X1) and Customer Relationship Management (CRM) (X2) variables have a positive and significant effect on customer loyalty (Y).

The Impact of Transfer Pricing on the Company’s Image. Implications in Audit Work

In an economy strongly marked by globalisation, transfer pricing is at the top of the agenda of taxpayers, tax authorities and regulatory bodies, with its influence manifested primarily in the fiscal area, respectively in the correct determination and proper allocation of the corporate tax base between different jurisdictions or between companies operating within the same jurisdiction. However, transfer pricing transcends the fiscal problematic and significantly influences other aspects of a company's life, one of which is the image reflected in the annual financial statements, including cash flows or financial performance indicators, and through their analysis, the investment decisions of potential users of accounting information. Transfer pricing is, therefore, also a reference point in the audit work carried out at the level of companies part of national or multinational groups and involved in significant intra-group transactions, as compliance or noncompliance with the arm’s length principle directly influences the way in which different elements of income, expenses, results, assets, equity or liabilities are reflected or not in accordance with the true and fair view principle and thus, ultimately, the audit opinion. National and international auditing standards provide recommendations and guidance on how to deal with transfer pricing issues as part of audit engagements, reflecting a continuing concern by professional bodies to develop best practices in this area.

The Role of Entrepreneurial Leadership to Maintain Company Performance Post Mergers & Acquisition

<p><em>Mergers and acquisitions (M&A deals) are one of the most important events in a company's life cycle and have a significant impact on a company's operations and activities. There are 3 objectives of this research, namely (1) Investigating factors (criteria) of acquiring companies and target companies in the Merger and Acquisition process (2) Investigating leadership characteristics in post-merger and acquisition companies (3) Investigating the role of leadership in achieving company performance that has been achieved. completing the merger and acquisition process in the insurance industry. Researchers used a qualitative approach with a case study method. Based on the level of crystallization of the research question, this research is an exploratory study. This research uses interviews as a primary data source obtained from sources. Qualitative data analysis in this research uses a thematic analysis approach, which is the basic method for conducting qualitative analysis with the help of NVIVO software. Based on the results of research and discussions that have been carried out, the conclusions that can be drawn are (1) factors (criteria) for acquiring companies and target companies in the merger and acquisition process, each of which has its own specificity (2) leadership roles in post-merger and acquisition companies to achieve organizational performance and growth of experience, vision and knowledge; decision making skills; communication skills; team building skills and skills in managing change (3) Key variables for the performance of companies that have completed the merger and acquisition process in the insurance industry are the scope of the merger and acquisition process, the methods used to complete the M&A process and the impact of M&A on performance , employees, work partners and customers.</em></p>

Does managerial overconfidence affect capital structure rebalancing for entrepreneurial firms?

PurposeThe behavioural theory adds a new paradigm of analysis with the assumptions of the decision maker’s cognitive biases and their repercussions on financing decisions. The aim of the study is to analyse the repercussions of these biases on the adjustment speed of firm’s capital structure toward the optimal level.Design/methodology/approachBased on a partial adjustment model, the study uses the Dynamic Panel Fractional estimator to analyse panel data from 4,990 Portuguese entrepreneurial firms.FindingsThe results show that the cognitive overconfidence bias impacts the entrepreneurial firm’s capital structure. In fact, the firms run by overconfident managers adjust more slowly than their counterparts. Furthermore, the findings suggest that entrepreneurial firms make relatively fast adjustments toward the optimal debt level and follow a hierarchical financing order in the funding process.Practical implicationsThe results of this paper are not only interesting to the academia, but also contain practical implications for corporate, institutional and business policy and governance. First, the paper introduces a new measure of cognitive bias in optimistic managers, which is useful for current and future academic research. Also, in practical terms, the findings of the paper reveal that when a company is contemplating hiring a manager, it should consider whether they need an optimistic or non-optimistic manager based on the company's present life cycle or situation.Originality/valueThe current analysis extends the existing literature. The study suggests that financial classical and behavioural paradigms should not be separated, which can provide evidence to help narrow the gap between these two major perspectives.

Company Life Cycle, Merger Activities in Indonesia

This study aims to explain and analyze the influence of the company's life cycle on the probability of conducting mergers, shareholder wealth, percentage of company stock ownership and payment methods by mergers . The sample of the research is 36 companies that have merged and acquired in Indonesia which are listed on the Indonesia Stock Exchange (BEI) in the period 2018-2022. Data analysis uses logistic regression and multiple linear regression methods . The results showed the company's life cycle did not significantly affect the probability of companies doing mergers . The company's life cycle has a significant effect on shareholder wealth. the company's life cycle has no significant effect on the percentage of share ownership , the company's life cycle has a positive and significant effect on payment methods for companies that have made mergers . The theoretical implications of this study provide an overview / explanation of the company's life cycle of the activities of mergers in company policy seen from the company's growth prospects. Keywords: Company life cycle, Merger Activities

PENGARUH VARIASI PRODUK DAN KUALITAS PRODUK TERHADAP KEPUTUSAN PEMBELIAN DENGAN KEPUASAN KONSUMEN SEBAGAI VARIABEL INTERVENING DI ANITA CAKE SITUBONDO

Marketing is one of the important factors in the company. It is also called the heart of company's life. The purpose of this study was to determine the effect of product variety and product quality on purchasing decisions and consumer satisfaction at Anita Cake in Situbondo. The population in this study were all consumers who ordered cake from Anita. The sampling method used simple random sampling with a total sample 93. Data analysis and hypothesis testing in this study used Partial Least Square – Structural Equation Modeling (PLS-SEM).
 The results of direct effect hypothesis testing used Smart PLS3.0 application showed that product variation has a significant effect on consumer satisfaction, product quality has no significant effect on consumer satisfaction, product variety and product quality have a significant effect on purchasing decisions, consumer satisfaction has a significant effect on purchasing decisions, product variety and product quality has a significant effect on purchasing decisions through consumer satisfaction.

PENGARUH BRAND AWARENESS DAN KUALITAS PRODUK TERHADAP MINAT BELI ULANG DENGAN KEPUASAN KONSUMEN SEBAGAI VARIABEL INTERVENING PADA SEAFOOD SITUBONDO

Marketing is one of the important factors in the company, so marketing is the heart of the company's life. This study aimed to determine brand awareness and product quality on customer satisfaction with repurchase interest in Seafood Situbondo. The population in this study are all consumers who have consumed or customers who have stopped by Seafood Situbondo. The sampling method is random (simple random sampling) with a total sample of 96. Data analysis and hypothesis testing in research using the Structural-Partial Least square equation model (PLS-SEM).
 The results of direct influence hypothesis testing using the Smart PLS3.0 application show that brand awareness has a significant effect on customer satisfaction, product quality has a significant effect on customer satisfaction, Brand awareness has an insignificant effect on repurchase interest, product quality has a significant effect on repurchase interest, customer satisfaction has a significant effect on repurchase interest, Brand awareness has a significant effect on repurchase interest through customer satisfaction, product quality has a significant effect on repurchase interest through customer satisfaction.

The Effect of Company's Life Cycle, and Related Party Transactions on Profits Quality and Their Impact on Firm Value

This study aims to determine the effect of company's life cycle and related party transactions on earnings quality and its impact on firm value. This type of research is quantitative research. This study uses secondary data obtained from the Indonesian Stock Exchange (IDX) website. The sample for this research was 18 companies that carried out IPOs for the 2018-2021 period. This study used a purposive sampling technique as a sample selection. The analytical method of this study uses multiple linear regression analysis with Eviews 11 as an analytical tool. The results of study show company's life cycle affects earnings quality, while related party transactions do not affect earnings quality. The company's life cycle and related party transactions affect the firm’s value. Earnings quality has a significant effect on firm value. Earnings quality is capable of mediating between the company's life cycle and related party transactions with firm value.

The Influence of Corporate Social Responsibility and Company Life Cycle on Firm Value in Manufacturing Companies listed on the Indonesia Stock Exchange

This study aims to analyze whether there is an effect of corporate social responsibility and life cycle on firm value. The object of this research is a manufacturing company listed on the Indonesia Stock Exchange (IDX) in 2018-2019. The sample selection in this study used a purposive sampling method and the data used were secondary data. The sample in this study was 79. The analytical technique used for this study was multiple linear regression analysis. Data processing using SPSS application. The result of this research is that corporate social responsibility has a negative effect on firm value with a significance of 0.010. The company's life cycle has no effect on the value of the company with a significance value of 0.447.

ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI PENERIMAAN OPINI AUDIT GOING CONCERN PADA SEKTOR INDUSTRI DASAR DAN KIMIA YANG TERDAFTAR DI BEI

The development of a company's life is always tied to management's ability to run a business. Going concern audit opinion is an opinion expressed by the auditor to determine whether the business survives or not. The purpose of this report is to see the effect of company size, previous year's audit opinion and opinion shopping partially and simultaneously on going concern audit opinion. The sampling technique in this study was to use purposive sampling method as many as 147 companies from the basic and chemical industry sectors listed on the IDX for the period 2020-2022. The method used is logistic regression analysis with the help of SPSS version 27. The results of the study partially show that company size has no effect on going concern audit opinion acceptance, previous year's audit opinion affects going concern audit opinion acceptance, opinion shopping has no effect on going concern audit opinion acceptance. While simultaneously company size, previous year's audit opinion, opinion shopping affect the acceptance of going concern audit opinion.

The Role of Financial Distress on Company Life Cycle and Stock Return

This study aims to see how the company life cycle affects stock returns with financial distress as a moderating variable in companies listed on the Indonesia Stock Exchange between 2017 and 2021. Purposive sampling was used to obtain a sample of 71 companies. A panel regression analysis with a fixed effect model was used for the analysis. The study's findings show that the decline stage of a company's life cycle hurts stock returns, whereas the introduction, growth, and maturity stages do not affect stock returns. Financial distress can mitigate the impact of the company's decline stage on stock returns. However, it needs to mitigate the impact of the company's introduction, growth, and maturity stages on stock returns.

Pengaruh Manajemen Laba dan Siklus Hidup Perusahaan terhadap Penghindaran Pajak Dengan Pertumbuhan Penjualan Sebagai Mediator

This research is intended to analyze and prove the effect of earnings management and the company's life cycle on tax avoidance practices that occurred during the Covid-19 outbreak with sales growth as a mediator for companies in the food and beverage sub-sector registered on the Indonesia Stock Exchange for the 2020-2021 period. A sampling of data using purposive sampling method and the data obtained for snsy did is as much as 38 data. Testing the data shows that earnings management has an influence on sales growth, sales growth has an influence on tax evasion, and earnings management does not have a direct effect on tax evasion but has an indirect effect on tax evasion through sales growth. The company's life cycle has no influence on sales growth and tax avoidance

Strategic orientation, risk‐taking, corporate life cycle and environmental, social and governance (ESG) practices: Evidence from ASEAN countries

AbstractEnvironmental, social, and governance (ESG) considerations have become increasingly important in the business world. Companies are expected to operate responsibly and sustainably, and stakeholders are demanding greater transparency and accountability. Our research aims to examine the influence of determinants on ESG practices in ASEAN countries (Indonesia, Malaysia, Singapore, the Philippines, Thailand, and Vietnam), as measured by ESG performance on the Refinitiv Eikon. Although there have been many studies discussing ESG, only a few have discussed this relationship by involving strategic orientation, risk taking and corporate life cycle simultaneously. We use panel regression based on a sample of 2373 observations from 2004 to 2022. The results show that the prospector strategy orientation encourages a greater increase in ESG practices compared to the defender strategy orientation, which means that companies with a prospector orientation are more willing to practice ESG because they have strategic resources. The increasing risk‐taking by companies will reduce ESG practices. The more mature the company's life cycle stage will improve ESG practices. This brings implications that the strategy orientation chosen by the company, risk‐taking, and corporate life cycle are the determining factors for companies implementing ESG practices in ASEAN countries. This research contributes to the literature related to corporate sustainability by considering ESG as one of the measurements of sustainability which is currently the main investment trend being observed in financial markets, especially ASEAN countries which are the best areas to invest.

Relevance of Value Owned Profit and Cash Flows Based on the Life Cycle in the Growth Stage of Food and Beverages Companies Listed on the Indonesia Stock Exchange

This study aims to determine the relevance of the value of earnings and cash flow as a measure of accounting performance against market value when the company is in the growth life cycle. The sample of this company is a food and beverage company listed on the Indonesia Stock Exchange in 2006-2010. The sample was selected using the purposive judgment sampling method and 16 companies were sampled. The results showed that (1) earnings have value relevance in measuring the market value of the company at the stagegrowth, (2) profit is significant to the market value of companies that are in the company's life cycle at the growth stage, (3) cash flows are not significant to the market value of companies that are in the company's life cycle at the growth stage, (4) profit is an option for investors in assessing whether they will invest in the company. With a relatively short time, investors are required to move quickly and precisely in assessing the company, therefore profit is the right component in completing work.

Necessity of Enterprise Resource Planning Systems for Small and Medium-sized Enterprises

For small and medium-sized enterprises (SMEs), the advantages of ERP systems are obvious. Many small businesses initially use different software and applications to manage each business process, such as separate programs for invoicing, finance, sales, etc. However, these programs are not integrated with each other, which can cause problems such as data loss between different databases, errors caused by manual data entry, and time-consuming manual processes.
 However, ERP systems provide a single, integrated system that connects all important business processes, reducing data loss and errors. With the help of an ERP system, businesses can manage finances more efficiently, implement more consistent sales and marketing strategies, better plan and organize production and logistics processes, and manage human resources more effectively.
 However, ERP systems also have some disadvantages, such as implementation costs and time-consuming implementation. In addition, businesses should choose an ERP system according to the number of their staff and the complexity of their processes to best suit their needs.
 The efficient operation of small and medium-sized enterprises (SMEs) and the growth of their performance is facilitated by the use of various technologies/techniques. Covid19 has highlighted even more the importance of using these technologies - which differ from sector to sector - but at what point during the company's life cycle does an SME reach the stage where it already needs a complex, integrated business management system ERP?

PENGARUH SIKLUS HIDUP PERUSAHAAN TERHADAP KEPEMILIKAN KAS PADA PERUSAHAAN YANG TERDAFTAR DI INDEKS KOMPAS 100

This study aims to determine the partial significance of the company's life cycle, leverage, profitability and company size on cash ownership of companies listed on the compass 100 index of the Indonesia Stock Exchange. The sampling method using purposive sampling obtained as many as 62 companies. The data analysis technique used is panel data regression. The results of data analysis show that the best model is the Fixed Effect Model with the results of the analysis of the expansion stage life cycle, stabilization stage life cycle and decline stage life cycle have a positive and significant effect on cash holdings. The implication of this research is that investors are expected to get an overview of the effect of the company's life cycle on the company's cash ownership policy. Companies in the stabilization stage have large cash holdings including for dividend payments, thus attracting the attention of investors to invest in these companies. By paying attention to the stages of the company's life cycle, it is hoped that it can minimize investor losses when investing and can provide maximum profit from investment. This research provides important understanding for company management in making decisions regarding cash allocation and risk management strategies. Keywords: Corporate Life Cycle, Cash Ownership

Firm Life Cycle and Cash Policy

This study aims to examine how the stages of the company's life cycle affect the company's cash policy. This study focuses on the stages of the firm's life cycle which includes the cycle stages of introduction, growth, maturity and shakeout against cash policies adopted by the company. This research is considered important because cash policy is influenced by company characteristics, namely the life cycle in which the determination of the company's life cycle is based on cash flow from operating, investing, and financing activities. This study uses panel data regression with a sample of the companies selected are manufacturing companies listed on the Indonesia Stock Exchange with an observation period from 2014-2019. By using a sample of 90 manufacturing companies, the results prove that the company has a large enough cash balance when the company is in the mature and shakeout cycle stages, while the introduction and growth cycle stages do not prove that the cash balance will be greater or less

Effectiveness of Size, Liquidity, Leverage, and Growth on CSR Disclosure Moderating Role by Profitability in Indonesian Stock Exchange (IDX)

The conduct of this study emphasizes the purpose of determining the presence or absence of the influence of profitability which acts as moderating in the influence of company size, liquidity, leverage, and company growth on CSR disclosure. This research focuses on sectors that have been classified as consumer non-cyclicals listed on the Indonesia Stock Exchange (IDX) during 2018-2021. The theory carried in this study refers to the theory of legitimacy and stakeholders. With regard to the theory of legitimacy, it is clearly affirmed that organizations always seek to be perceived as operating within the limits and norms of the prevailing society and put more emphasis on public rights. Meanwhile, in stakeholder theory, it is said that a company must be an organization whose actions can contribute to its stakeholders. Therefore, the support provided by stakeholders affects the existence of the company itself and this support plays an important role in maintaining the company's life. The procedure in the sampling process is by purposive sampling and obtained by 28 companies. The data analysis model applied in this study includes descriptive statistics, multiple linear regression analysis, and residual test MRA and by utilizing SPSS 26 software. The results of this study prove that CSR disclosure cannot be influenced by company size or company growth. Meanwhile, CSR disclosure can be affected by liquidity and leverage. The results of moderated regression analysis through residual testing have proven that the relationship between company size, liquidity, leverage, and company growth with CSR disclosure cannot be strengthened by profitability.