Performance Of Companies Research Articles

Company Size, Managerial Ownership, Sustainability Report on Financial Performance with Operational Efficiency as an Intervening

The aim of this research is to examine the influence of company size, managerial ownership, and Sustainability Report on the financial performance of banking companies in Indonesia, with operational efficiency as an intervening variable. The population for this study comprises banking companies listed on the Indonesia Stock Exchange (IDX) from 2018 to 2022. Data collection was conducted using purposive sampling, resulting in a sample of 13 companies and a total of 65 observations. The analysis technique employed is panel data regression. Microsoft Excel and E-views 13 were used for data processing. The research findings indicate that, partially, company size and managerial ownership have a positive effect on operational efficiency. However, the Sustainability Report does not significantly affect operational efficiency. Furthermore, company size and operational efficiency are empirically proven to have a positive impact on financial performance. Meanwhile, managerial ownership and Sustainability Report do not significantly influence financial performance. Company size and managerial ownership, mediated by operational efficiency, positively impact financial performance, while Sustainability Report which mediated by operational efficiency, does not significantly affect financial performance.

Evaluation of Enterprise Resource Planning System Maturity with IT-IL V3 Framework at CV. Syntax Corporation Indonesia

This research aims to evaluate the development of the Enterprise Resource Planning (ERP) service system at CV. Syntax Corporation Indonesia uses the IT-IL V3 framework, especially in the Service Operations domain. This research is conducted by analyzing the performance and effectiveness of the ERP system that has been implemented, as well as how the system supports the company's daily business operations. Through an IT-IL V3-based evaluation approach, the study assessed critical aspects of ERP service operations such as incident management, problem management, and request management. The findings of this study provide insights into the strengths and weaknesses in the ERP system implementation at the company, as well as recommendations for improvements that can increase efficiency and user satisfaction. Using the IT-IL V3 framework, this study provides practical guidance for better management and development of ERP systems in the future.

Influence of the Budget Control System on the Company's Financial Performance

A company certainly has goals to achieve. Various things can help in achieving company goals, one of which is the budget control system. The purpose of this study was to determine the effect of the budget control system on financial performance. The type of research used is quantitative. The data source used is secondary data obtained through the documentation method. The population in this study were companies in City X. Meanwhile, the sampling technique used in this study is a non-probability sampling technique, more precisely using saturated sampling technique, namely sampling determination technique with all population members used as samples. The sample obtained was 90 companies in City X. The data analysis techniques used are validity test, reliability test, normality test, and t test and determination coefficient test for hypothesis testing. The results obtained that the budget control system has a significant effect on the company's financial performance. The better the financial control system, the better the financial performance.

Financial Service and Performance of Chinese Private Companies: The Mediating Role of Technological Innovation

Financial performance is one of the key essential elements of financial management. Therefore, this research is to investigate the effects of financial service on the financial performance of private listed firms in China and looks at how firm technological innovation plays a mediating role in this relationship. This study includes 4,635 private listed companies in China from 2013 to 2022 and adopts a robust fixed effects model for benchmark regression. In the robustness test, two-stage least squares, alternative proxies and time segmentation are used to back up the findings. It is found that financial service is significantly and positively related to firm financial performance. Moreover, there is a potential mediating mechanism of corporate technological innovation along this path of the influence of financial service on firm financial performance. The findings provide empirical evidence for private firms and related groups such as policymakers in China.

Analysis of the Influence of Green Supply Chain Management on Economic Performance

This study aims to analyze the influence of green supply chain management practices on economic performance, both directly and mediated by environmental and social performance, in furniture MSMEs in Yogyakarta. This research employs a quantitative descriptive approach, with the population being all furniture SMEs in Yogyakarta. The sampling technique used in this study is purposive sampling. The data used is primary data obtained through questionnaires and interviews. The analysis used in this study is Structural Equation Modeling (SEM) with Partial Least Squares (PLS) version 4.0. The results of this study indicate that green supply chain management practices have a positive impact on environmental and social performance, but green supply chain management practices do not have a positive impact on economic performance, either directly or indirectly mediated by environmental and social performance. Meanwhile, environmental performance has a positive impact on economic performance, while social performance does not have a positive impact on the company's economic performance. Furniture SMEs in Yogyakarta should further enhance the implementation of green supply chain management practices and elaborate on them with the development of existing information technology, adapting them to the conditions of each company to be effective and efficient, thus positively impacting the company's performance.

Global trends and future research resources-based view theory in management science through a scoping review and bibliometric analysis

The objective of this study was to analyze recent research conditions and future research themes related to the resource-based view (RBV). The scoping review and bibliometric analysis (ScoRBA) method was used in this study. The data sources of this study were 171 scientific articles collected from Scopus. This study was conducted to visualize the results of the bibliometric analysis via co-occurrence analysis and thematic maps via VOSviewer software. The keyword used to find the scientific articles was a resource-based view, which was sought in the titles, abstracts, and keywords. The selected articles were scientific articles published from 1997--2024. The data analysis used in this research was through a co-occurrence analysis applied to the citations of the scientific articles, authors, and countries. The results of this study revealed six clusters of research variables related to the RBV, e.g., cluster 1 (capability, competitiveness, company performance, and strategy), cluster 2 (competitive advantage, personal management skills, investment, project management, and resource management strategies), cluster 3 (entrepreneurship, human resources, innovation, and social capital), cluster 4 (industrial management, information management, information technology, resource allocation, and planning strategies), and clusters 5 and 6 (intangible resources, profitability, corporate sustainability, and institutions). In addition, the future research themes associated with the RBV include dynamic capabilities, financial resources, human capital, profitability, and competitive ability.

Internal control system, employee achievement, and company performance

This study aims to prove the impact of employee achievement (EA) and an internal control system (ICS) on company performance (CP). Besides, verifying the influence of the ICS on EA and the mediation effect of EA on the association between ICS and CP become the other purposes. This study utilizes 120 employees from 15 general insurance companies in Bandung as the sample by snowball sampling technique and covariance-based structural equation model (CBSEM) to analyze the responses to the questionnaire. Because of the responses, this study tests their validity and reliability. After achieving them, this study detects and finds the response fitness with the CBSEM. Based on the hypothesis testing, this study demonstrates three evidence. Firstly, EA and ICS have a positive tendency towards CP. Secondly, a positive association between ICS and EA occurs. Finally, the mediating effect of EA on the relationship between ICS and CP exists. Considering these research results, ICS is the primary driver; therefore, general insurance companies must focus on five aspects: (1) environmental control, (2) risk valuation, (3) controlling the action, (4) information and communication, and (5) monitoring action, to make employees perform, causing the company to attain its goals.

Does Green Finance Development Enhance the Sustainability Performance of China’s Energy Companies?

The achievement of China’s “dual-carbon” standard has been devoted to the green transformation and the sustainable growth of energy firms, both of which can be financed by the growth of green financing. This study aims to investigate how the development level of green finance influences the sustainable development performance of listed energy companies in China. It seeks to delve into the underlying mechanisms connecting green finance with financing constraints and, subsequently, with sustainability performance, as well as exploring the relationship between green finance and green total factor productivity in relation to sustainability performance. Additionally, this study will provide strategies and recommendations to enhance the sustainable development capabilities of energy enterprises. This study empirically evaluates the four aspects of sustainable development performance: economic, social, environmental, and innovative performance—as well as its mechanism of action using the fixed-effects pattern with two ways and the mediated-effects pattern using unbalanced panel data from Chinese-listed energy firms spanning from 2011 to 2020. The study discovered that (1) energy firms’ performance in sustainable development is greatly enhanced by the progression of green finance; (2) the advancement of green finance effectively boosts the sustainable development performance of energy companies by reducing financing constraints and enhancing green total factor productivity; (3) a more distinct relationship is evident between the extent of green financing development and the performance of sustainable development within state-owned enterprises. While green finance development has a stronger role in innovative performance for larger energy firms, it has a noticeable proactive impact on the economic, social, and environmental performance of smaller energy enterprises. Based on the study’s findings, this paper presents recommendations for the enhancement of green financing policies and the sustainable enhancement of energy enterprises in China.

The Mediating Role of Organizational Culture in the Effect of Organizational Climate on Organizational Commitment and Research

The purpose of this study is to examine the effect of organizational climate on organizational commitment and the mediating role of organizational culture in this effect. Organizational climate is defined as the perceived atmosphere in an organization, while organizational commitment refers to the loyalty of employees to the organization. Organizational culture, on the other hand, is a collection of values, rituals, and symbols arising from the organization's historical background that guides the behavior of employees. The main hypothesis of this research is that a positive organizational climate will increase organizational commitment and that organizational culture plays a mediating role in this process. To test this hypothesis, a survey has been conducted with employees of a company operating in the construction sector in Çanakkale. The survey consists of scales that measure employee perceptions of organizational climate, organizational commitment, and organizational culture. The data collected from the surveys have been evaluated with statistical analysis methods. The results of the analyses indicate that organizational climate has a significant effect on organizational commitment, which is strengthened through organizational culture.

From authentic leadership to knowledge sharing and knowledge worker retention: mediating role of psychological empowerment

ABSTRACT This study explores how leaders can reduce employees’ intention to quit and stimulate knowledge sharing in knowledge-based companies. Grounded in intrinsic motivation theory, it investigates the impact of authentic leadership on these outcomes, analyzing the mediating role of psychological empowerment. We tested the hypotheses in a sample of 123 professionals from a large private company operating in Brazil’s digital communication sector, employing structural equation modelling with Bayesian estimation. Results show that authentic leadership decreases the intention to quit and increases knowledge sharing. Additionallly, psychological empowerment fully mediates the relationship between authentic leadership and follower knowledge sharing but does not affect the intention to quit. This study highlights the role of positive forms of leadership in leveraging knowledge management and the importance of psychological empowerment as a critical mechanism through which authentic leaders promote knowledge sharing. Lastly, it underscores the association between authentic leadership and decreased turnover intention among knowledge workers.

Pengaruh desentralisasi terhadap kinerja manajer yang dimediasi oleh sistem akuntansi manajemen (Studi kasus pada dealer dan showroom di Kota Manado)

Good interaction between the management accounting system and decentralization will give positive results to the manager's performance due to the alignment of information and decision-making that can improve the company's performance. The purpose of this study to find out the effect of decentralization on manager performance mediated by management accounting system on dealerships and showrooms in Manado City. This study used an extended multiple regression analysis model with an analytical path model. The results of decentralization research directly affect the significance of managerial performance. It means that the greater the degree of delegation of authority and responsibility of top management to middle and lower managers in the form of decision-making, the higher the managerial performance. Decentralization has a significant effect on the management accounting system, but the management accounting system has no significant effect on the manager's performance. From these results, the management accounting system was unable to mediate the influence of decentralization on manager performance.

Using magnetic marketing tools to enhance the financial performance of the Iraqi general insurance company

The research aims to use magnetic marketing tools across its dimensions of (message, market, and media) to enhance the financial performance of the Iraqi General Insurance Company, as well as to identify the strengths and weaknesses in the company’s performance. Adopting the descriptive approach And Analytical Data and information were collected through the financial statements, annual reports and statistics of the company under study, relying on the annual reports issued by the Iraqi Insurance Bureau, as well as the performance evaluation indicators issued by the Federal Financial Supervision Bureau, represented by (the index of relative importance of insurance activity revenues, and production follow-up indicators) The fulfillment of plans, the development of production, the productivity of producers, the number of documents, and the loss rate) for the years (2018-2022). The research reached a set of results, the most important of which was that adopting magnetic marketing tools would enhance the revenues of insurance activity, reflected in the financial performance of the researched company.

A mixed-methods examination of fixed-object crashes among electric utility company fleet vehicles

IntroductionOne of the most common and serious types of crashes among all motor-vehicle users involves collisions with fixed objects. This type of crash occurs frequently among utility vehicle workers while driving for work. The overarching objective of this research was to improve the safety of electric utility company vehicle operators by determining the circumstances under which utility vehicles are involved in crashes with fixed objects and to provide recommendations to help drivers and utility fleet company management prevent these types of crashes. MethodsThe study incorporated a mixed methods approach and gathered information from structured interviews with safety managers at electric power companies and an analysis of utility vehicle crashes using data supplied by electric power companies and a statewide database in Michigan. ResultsMany factors were found to contribute to fixed-object crashes including engagement in secondary tasks and job productivity pressure. Information was organized and evaluated to develop 11 recommendations for countermeasure strategies that are directed at various levels within the system in which the drivers operate. DiscussionThis study was the first to explore fixed-object crashes among electric utility fleet vehicles. The findings are unique in that they provide insight into the safety practices in an industry that has received limited academic attention and highlight the need to place greater emphasis on road safety practices in the workplace. Practical applicationCountermeasures generated for this study are applicable to companies in which fleet driver safety is a primary concern.

ANALYZING THE EFFECT ISO 14001 ON FIRM PERFORMANCE: EMPIRICAL EVIDENCE BEFORE AND DURING THE COVID-19 PANDEMIC

Research on environmental performance and firm performance is a topic that has been widely studied but has not been carried out in many developing countries. In addition, the research period was carried out with a focus on the pre-pandemic and the COVID-19 pandemic. For this reason, the main objective of this paper is to analyze the impact of ISO 14001 on company performance from the perspectives of financial performance and environmental performance of companies in Indonesia before the pandemic and during the COVID-19 pandemic. We obtained data for a sample of 66 companies divided into six types of industrial sectors, with a research period from 2018 to 2021. We use panel data regression with the random effect model for this research. The results obtained show that the application of the ISO 14001 certificate has an effect on the firm’s environmental performance but has no effect on the firm’s financial performance.

The Effect of Profitability and Leverage Towards Company Performance in Indonesia and Malaysia

One important factor that can influence company performance is profitability and leverage. profitability measures a business's ability to generate profits while leverage measures the level of debt use in a company's capital structure. The aim of this research is to evaluate the effect of profitability and leverage on company performance, as measured by Return on Assets (ROA), Debt to Equity Ratio (DER), and Return on Equity (ROE). The research used is quantitative research and uses secondary data. Data collection was carried out using purposive sampling techniques which have been published in the media. The sample used in the research was 120 samples, with trials of 10 financial reports of transportation companies in Indonesia and 10 financial reports of transportation companies in Indonesia, Malaysia. Data processing using EViews 13 consists of Model Selection Test, Regression Test, and Hypothesis Test. The research results show that , 1) there is an influence of profitability and leverage simultaneously on the performance of companies in Indonesia and Malaysia during COVID-19, 2) there is an influence of profitability on the performance of companies in Indonesia and Malaysia during COVID-19, 3) There is no influence of leverage on company performance in Indonesia and Malaysia during COVID-19.

Essential Steps and Strategic Considerations for Successfully Launching a Small-Scale Business

To achieve a successful launch of a small-scale firm, one must carefully navigate through many crucial procedures and strategic considerations. This review essay thoroughly analysed the fundamental activities and techniques required for a successful company’s commencement. Essential elements include completing comprehensive market research to find possibilities and comprehend competition, formulating a comprehensive business plan that delineates objectives, strategies, financial forecasts, and operational plans, and obtaining sufficient finance. The research highlighted the significance of robust financial management methods, including budgeting, cash flow management, and financial forecasting, to guarantee stability and facilitate development. Efficient allocation of resources, adaptation to market changes, and harnessing technology were important strategic considerations for overcoming common difficulties and attaining lasting success. The essay consolidated the latest research and optimal methodologies, offering practical insights for entrepreneurs to improve their company performance and overcome frequent challenges. Suggestions included consulting with specialists, being attentive to market fluctuations, and enhancing the availability of financial resources and support networks. This exhaustive analysis provided a beneficial structure for small-scale enterprises seeking to develop a robust basis for expansion and long-term sustainability. Keywords: Small-scale business, Business launch, Market research, Business plan, Financial management.

ANALISIS PENGARUH DAMPAK MAKROEKONOMI, KEBIJAKAN PEMERINTAH, DAN KINERJA PERUSAHAAN TERHADAP RETURN SAHAM SEKTOR INFRASTRUKTUR

Infrastructure sector stocks experienced a stable and upward trend, even sharply at the end of quarter 2023. In line with the government budget in infrastructure development that continues to increase, supported by the increase in this sector, one of which will contribute to increasing economic growth in Indonesia, therefore the purpose of this research is to analyze the effect of macroeconomic impacts, government policies, and company performance on infrastructure sector stock returns. Inferential quantitative research with panel data regression analysis techniques is included in this research. With purposive sample method, ten companies were selected, out of 62 companies in the whole population. The type of secondary data is quarterly for the period 2016-2022. The implications of this research as material for investors to invest. Common Effect Model (CEM) is the selected model, the findings prove that partially interest rates, capital expenditures, CR, TATO, ROE, PER, DER, ROA, EPS, NPM, DPR, and DPS have no effect on stock returns. PBV has a significant positive effect on stock returns. Exchange rate, inflation, and DY variables have a significant negative effect on stock returns. Simultaneously, exchange rate, inflation, interest rate, capital expenditure, CR, TATO, ROE, PER, DER, ROA, EPS, PBV, NPM, DPR, DPS, and DY all affect stock returns.

Transformasi Digital: Efisiensi dan Inovasi dalam Manajemen Operasional

Operational management is one of the important fields in management science that focuses on managing resources effectively and efficiently to achieve organizational goals. With the increasing development of information and communication technology, it has given birth to digitalization in various sectors. However, to what extent this digital transformation is able to increase efficiency and realize innovation in operational management, an in-depth analysis is needed. The method used in this study is descriptive qualitative, using secondary data analysis. Data collection and literature studies were carried out to determine the right analysis so that it can produce conclusions that are useful for increasing competitiveness and ensuring business continuity. In this study, the adoption of technologies such as AI, IoT, and automation is the key to achieving increased efficiency and opening up opportunities for innovation that have a significant impact on operational management and company performance. Digitalization is the foundation for companies to be competitive and relevant in an increasingly competitive global market. In other words, digital transformation is absolutely necessary, because it is proven that the adoption of digital technologies such as AI, big data, cloud computing, and IoT not only increases the efficiency of operational management, but also paves the way for continuous innovation and rapid adaptation to market changes.

The impact of soft lean practices on business performance: mediating role of customer satisfaction

Purpose Many firms have adopted different methodologies such as lean management to increase customer satisfaction. This is because they need to respond to customer demands for improved products and responsive service. This study aims to evaluate the influence of soft lean practices (SLP) on business performance in the service sector. Design/methodology/approach Out of 702 questionnaires distributed to various service companies in Zimbabwe, 260 valid responses were received. Structural equation modeling was used to assess the relationship among the factors of the proposed model. Findings The implementation of SLP leads to improvement in the business performance of the service companies. However, the impact of SLP on business performance is mainly indirect, mediated by customer satisfaction. Research limitations/implications The research focused on the implementation of SLP in the service industry of a developing country; hence, the results obtained may require further investigations before generalization to other countries with different sociocultural contexts is made. Originality/value Most previous studies focused mainly on the implementation of the technical lean practices in the manufacturing industry without properly acknowledging the importance of SLP. This research investigates the importance of SLP in the service sector and further explores the mediatory role of customer satisfaction on business performance. The findings also validate the service-profit-chain theory.

Examination of the effects of artificial intelligence readiness on lean sustainability and value creation in the mediation variable effect of organizational flexibility in technology-focused companies

PurposeThe purpose of this study is to understand how the level of readiness for artificial intelligence (AI) affects the overall performance of companies, determine the role of organizational flexibility in adapting to new technologies and business models and assess the importance of lean sustainability and value creation for technology-focused companies.Design/methodology/approachTechnology companies working in technoparks in Istanbul were determined, and a questionnaire was applied to senior employees such as experts, engineers and managers working in these companies. The results were processed with a sample of 456 units. SmartPLS program was used for analysis.FindingsAs a result of the analyzes, it is supported by hypotheses that AI readiness and organizational flexibility have positive effects on lean sustainability and value creation.Research limitations/implicationsWhen evaluated in terms of the limitations of the research, it would not be correct to evaluate the results of the analysis in general, since the data were collected from technology-focused companies in technoparks in Istanbul.Practical implicationsExamining the variables that make up the research model in technology-oriented companies helps to understand the critical factors for the future success of companies. At the same time, this research is important for companies to make more informed decisions in their strategic planning, technological transformation processes and value creation strategies.Originality/valueThis research topic offers a unique approach in terms of bringing together topics such as AI readiness, organizational flexibility, sustainability and value creation. These issues play an important role in the strategic planning of technology-focused companies, and when considered together, they are important in terms of examining the critical factors that affect the future success of companies.