Corporate Business Strategy Research Articles

The Antecedents of Carbon Emission Disclosure With Carbon Knowledge as Moderation

Climate change is one of the main problems faced by humans in this decade. Several environmental research institutions state that climate change in the next ten years is considered the most threatening long-term risk. Developed countries contribute 65-70% while poor and developing countries contribute the remaining 30%-35%. One of Indonesia's commitments as a country that is a member of the United Nations Framework Convention on Climate Change. The UNFCCC CoP (Climate Change Conference) is an annual world climate conference, where governments meet to discuss plans to address the climate crisis. This will be the 26th meeting. Where this convention is attended by 195 countries that are members of the United Nations (UN). This study aims to analyze the factors that influence the level of carbon emission disclosure, namely to test and analyze: The Influence of Corporate Environmental Awareness, Corporate Carbon Strategy, Green Corporate Business Strategy and Green Supply Chain on Carbon Emission Disclosure. In addition, this study also tests and analyzes the Role of Carbon Knowledge as a moderating variable for the influence of Corporate Environmental Awareness, Corporate Carbon Strategy and Green Supply Chain on Carbon Emission Disclosure. The analytical method used in this study is path analysis with the pattern of relationships between independent variables in this study being correlative and causal. Based on the results of this study, it shows that Environmental Performance has a significant effect on carbon emission disclosure. Carbon management strategy does not have an effect on carbon emission disclosure. Competitive Business Strategy has a significant effect on carbon emission disclosure. And green supply chain management has an effect on carbon emission disclosure. Carbon Knowledge does not strengthen the effect of environmental performance on carbon emission disclosure, Carbon Knowledge does not strengthen the effect of Carbon Management Strategy on carbon emission disclosure. Carbon Knowledge strengthens the effect of Corporate Business Strategy on carbon emission disclosure. Carbon Knowledge strengthens the effect of Green Supply Chain Management on carbon emission disclosure

Corporate business strategy, CEO's managerial ability, and environmental disclosure: The perspective of stakeholder theory

Corporate business strategy, CEO's managerial ability, and environmental disclosure: The perspective of stakeholder theory

The Pure and Hybrid Corporate Strategies Performance during the Crisis Periods for Sustainable Performance

This research investigates pure and hybrid corporate strategic responses to crises for sustainable corporate financial performance (CFP). The study used a panel data technique for 374 non-financial firms on the Pakistan Stock Exchange from 2006-2021. The generalised least squares regression was used to control heteroscedasticity and autocorrelation. The results proved that corporate business strategy (CBS): prospector, analyser, and defender strategies positively affect CFP, and reactor strategy reported a negative association with CFP during the crisis period. The study results reveal that the pure strategies, defender and prospector, outperformed the hybrid strategy during the crisis. The reactor strategy somewhere shows positive performance in the crisis period for a few industries. The study's findings support contingency theory and offer theoretical contributions and policy implications for executives and practitioners seeking sustainable performance during crises. It guides practitioners to concentrate on CBS typology and internal and external environments to achieve higher competitive performance.

Analysis of the Impact of Capital Market Internationalization on Corporate Financing Structure and Business Strategy

With the acceleration of globalization, the internationalization of the capital market has had a profound impact on corporate financing structure and operating strategy. This paper aims to explore the impact of the internationalization of the capital market on corporate financing structure and operating strategy. By analyzing the concept, characteristics, and development history of the international capital market, it deeply analyzes the factors influencing the evolution of corporate financing structure under the international capital market. Furthermore, it discusses the impact mechanisms of the international capital market on corporate strategic positioning, growth strategies, and risk management strategies, with the purpose of providing theoretical support and practical guidance for enterprises to cope with the challenges of globalization.

Business Ecosystem Development in Corporate Business Strategy

Purpose: The objective of this research is to identify the parties involved in the agro-business ecosystem in Kabupaten Bandung and determine the factors influencing the development of strategies at PT BANDUNG DAYA SENTOSA as a Regional Government-Owned Enterprise (BUMD) operating in the Agribusiness sector. Research methodology: This study uses a business ecosystem approach to map the roles and parties involved in the agro-business ecosystem in Kabupaten Bandung. This study employed a qualitative research method with a case study design. Results: Through multi-agent-based ecosystem modeling and business model reconfiguration, it can be concluded that adaptability and collaboration among actors in the agribusiness ecosystem in Kabupaten Bandung are key to success. The Regional Government-Owned Enterprise Bandung Daya Sentosa (BDS) has the potential to become an innovation hub and enhance its role through the development of innovative agricultural products and utilization of digital technology. Implementation: The agricultural sector plays a crucial role in the community economy in Kabupaten Bandung. The agricultural sector in Kabupaten Bandung is the third-largest contributor to the Gross Regional Domestic Product (PDRB) after manufacturing and trade (Master Plan for the Economy of Kab. Bandung 2021-2026: 2021).

Climate Change Risks Disclosure: Do Business Strategy and Management Characteristics Matter?

This research aims to broaden the understanding of the determinants of climate change disclosure, where the study analyzes the impact of corporate business strategy and Chief Executive Officer (CEO) overconfidence on the level of climate change disclosure. The study followed a mixed-methods approach that combines quantitative and qualitative techniques to comprehensively examine the relationships used by the content analysis method to analyze the annual reports of a sample of Saudi companies for the period from 2019 to 2022 to measure the level of disclosure of practices related to climate change. The results of the study show that the companies that tend to adopt the initiative strategy provide more information about climate change than the defending companies do, while the CEO’s overconfidence does not affect the level of climate change disclosure. The results of the study indicate that the nature of the strategic direction adopted by the company is more important in determining the motives for disclosing climate change information than the personal characteristics of management.

Optimizing Business Management Strategies in the Social Media Era: Facing New Year Challenges with Digital-Based Excellence

In the last few decades, the advancement of information technology, especially in the field of social media, has created a new paradigm in the business world. Social media has evolved beyond being merely a tool for social interaction; it has become an integral part of corporate business strategies. This shift has given rise to a dynamic, competitive, and constantly changing business environment. This research aims to provide practical guidance for corporate leaders in navigating the challenges of business in this digital era while leveraging the opportunities presented by social media to achieve sustainable competitive advantages. The study employs an in-depth literature review with qualitative analysis, spanning the years 2014 to 2023. The information sources for this literature review were sourced from Google Scholar to ensure the currency and accuracy of the accessed data. The study's findings indicate that in optimizing business management strategies in the social media era, critical factors such as customer interaction on digital platforms, operational changes, and corporate culture should be considered. By harnessing digital-based excellence, companies can explore new opportunities, enhance efficiency, and respond more rapidly to market changes. Strengthening online reputation, consumer data analysis, product innovation, online reputation risk management, internal transformation, team collaboration, and fostering an innovative culture are key elements in the concept of optimizing business management strategies in the social media era. The combination of these external and internal aspects establishes a solid foundation for long-term growth and success.

Kualitas Sumber Daya Manusia dan Strategi Bisnis Perusahaan Perusahaan Logistik Nasional

The purpose of the study is to find out the direct and indirect contribution of human resources quality to the achievement of revenue target mediated by business strategy of the national logistics company. This research used SmartPLS 3.0-SEM and the sample was 53 employees of the Angkasa Pura Logistik head office. The result of the research indicates that the corporate business strategy is able to mediate human resources quality to the revenue target achievement in Angkasa Pura Logistik. The company provides its employees with education and trainings to improve their quality. During the pandemic, the company had implemented the newest business strategy by opening new branches with better operation. The company should also choose the employees selectively with competences needed in the respective fields. Angkasa Pura Logistik sustainably has improved and enhanced its service and product in line with the increasing demand. For further research, it can be proposed to study the contribution of these variables on similar companies in other countries.

Strategic Leadership in Enhancing Organizational Performance within the Nigerian Banking Sector: A Theoretical Dimension

The essence of establishing a business is to provide quality service to its customers, which is achievable through leadership. The objective of this paper is to conceptually examine the impact of strategic leadership tools for enhancing organisational performance in Nigerian deposit money banks. The predictor variable of strategic leadership was viewed from the dimensions of strategic intention and strategic management, while the criterion variable of organisational performance was measured by improved customer service and profitability. The paper reviewed the existing literature on the study variables conceptually and empirically. From the conceptual and empirical review, it was found that strategic leaders are persons with the right vision, mission, and objectives to cause change in an organisation, that leaders with strategic intents are capable of leading an organisation out of a challenging period, and that the components of strategic leadership, which are strategic intention and management, have a positive synergistic effect on the operational efficiency of the organizations. Clear corporate objectives, business, and functional-level strategies are typical of financial institutions that have a vision and mission that are broadly shared throughout the organisation and are reflected in the activities of the financial institution, as well as elaborate processes of strategy formulation that will involve all employees in the organisation and result in long-term strategies. These components of strategic leadership will enhance bank performance indicators as reflected in earnings, return on assets, profitability, and improved customer service as they increase to a greater degree.

SME corporate social responsibility practices, business strategies and stakeholders’ responsiveness: Inputs to social tourism framework

SME corporate social responsibility practices, business strategies and stakeholders’ responsiveness: Inputs to social tourism framework

Corporate social responsibility, business strategy and governance performance

PurposeThis study aims to examine the effect of corporate social responsibility (CSR) adoption on differentiation and cost leadership strategies and how governance structure moderates this CSR–strategy relationship.Design/methodology/approachThe study data were retrieved from Thomson Reuters for non-financial firms between 2013 and 2019, and a fixed-effects panel regression analysis was executed.FindingsThe results indicate that CSR fosters cost leadership strategy but weakens differentiation strategy. This result supports the value generation school for cost leaders but also confirms the agency theory perspective for differentiators. Moreover, the governance structure does not moderate the relationship between a firm's CSR engagement and its business strategy, which implies a lack of corporate policies that concurrently consider both its CSR investment and strategies.Research limitations/implicationsThe findings of this study imply that cost leaders can integrate CSR practices into their business strategy and use their CSR engagement to increase their competitive position by stimulating cost efficiency and creating greater turnover. On the contrary, for differentiators, there is a trade-off between environmental and social engagement and business strategies. Thus, they are advised to enrich their unique product development abilities through the integration of environmental and social practices and reinforce their competitive position by addressing stakeholders' interests. The practical implication of the moderation analysis is that there is no rooted corporate policy behind the connection between CSR and firm strategy for both cost leaders and differentiators, which constitutes a missing link.Originality/valueThe findings of this study are of critical importance for firms, offering justification for the integration of two vital perspectives: social and environmental sustainability and financial sustainability. The moderating effect of governance performance tests the upper echelon's role in maintaining both sustainability perspectives concurrently and strengthening the legitimacy of the firms in society. Although maintaining a business strategy is important for shareholders' interests, pursuing a social and environmental sustainability strategy is crucial for meeting the expectations of all stakeholders.

Study of Financial Fraud Based on Crime Theory

Capital markets have flourished in recent years, and while regulatory forces have continued to advance, there is no shortage of leakages that have caused major shocks to capital markets. It has seriously threatened the confidence of market participants in financial information and deteriorated the quality of the audit function. In order to safeguard the interests of all parties in the capital markets and to promote a thriving industry and business, the fraud problem needs to be curbed more effectively. In this paper, we will focus on five aspects of the case, namely the characteristics of the fraudster, the secret of fraud, the mechanism of incentivising fraud, internal and external monitoring and the results of fraud, from the Crime theory, taking YiHua Lifestyle Technology Co.Ltd. as an example, and offer fraud prevention advice on internal corporate governance, business strategies and external auditing.

Efficiency analysis of Lean Six Sigma projects: insights for selection and prioritisation

The main purpose of this article is to identify the main characteristics of Lean Six Sigma projects executed by efficient companies. To do so, this article explores a large empirical database, with 112,421 projects, executed from 2001 to 2018 in 57 strategic business units from a heavy machinery producer, which is recognised as a worldwide reference in the use of Lean Six Sigma methodology. The research was conducted in two stages, first, the data was analysed with a Network Data Envelopment Analysis (DEA) model, which provided an efficiency ranking formed by the strategic business units. In the second stage, a Classification Tree (CHAID) method was used to identify the common characteristics of the projects accomplished by the most efficient ones. The findings show that these strategic business units are characterised by projects executed in departments closely related to senior management, especially Corporate Governance and Business Strategy. In addition, their projects usually focus on people, innovation, or cost reduction and are structured more frequently with the DMAIC cycle. These findings broaden the understanding of the criteria that should be considered in Lean Six Sigma project selection and prioritisation, by providing new insights (not identified in previous studies) to decision-makers and researchers, from projects associated with the efficient performance of Lean Six Sigma, which can be particularly valuable considering the multiple projects conducted in this initiative, that frequently compete for resources.

CEO Greed and Firms' Environmental Performance in Environmentally Sensitive Sectors of China

In the current study, the authors explored how CEO greed concerning bonuses and rewards on restricted stock affects a firm's environmental performance (EP) in environmentally sensitive sectors of China. Moreover, they empirically tested the constraining role of the quad director on the relationship between CEO greed and EP. Findings indicate that (a) CEO greed negatively affects the strategic firm's environmental performance, particularly the negative relation is augmented by the person-pay interactionism rationale (bonus), (b) the presence of one quad director in the board does not constrain CEO greed and EP negative relation, and (c) the presence of two or more quad directors in the board significantly constraints the negative relation between CEO greed and EP. Thus, having at least two quad directors is more effective than combining directors with multiple features. Our results are robust to different CEOs' power dynamics. Our research has important practical implications for corporate governance and business strategy formulation.

Corporate corruption, business strategy and sustainable environment

Corporate corruption, business strategy and sustainable environment

Editorial: Corporate sustainability, green economy, and entrepreneurial financing in emerging markets

Welcome to the latest issue of the journal “Corporate and Business Strategy Review”. We express our profound gratitude to all contributors (authors, editorial board, publisher) of the journal and those who have served as anonymous referees for the published papers in this issue. This issue includes articles focused on a variety of relevant as well as actual topics in corporate sustainability, green economy, and business strategy, all consistent with the main research areas targeted by the journal.

Analisis Pestel Dan SWOT Sebagai Dasar Perumusan Strategi Pada PT. Asrinda Arthasangga Reinsurance Brokers

Reinsurance brokerage business is a consulting and/or intermediary service business in placing reinsurance or sharia reinsurance placement and handling claims settlement by acting for and on behalf of insurance companies, sharia insurance companies, guarantee companies, sharia guarantee companies, reinsurance companies, or sharia reinsurance companies that place reinsurance or sharia reinsurance. This study aims to determine what are the external and internal environmental factors of the company at PT. Asrinda Arthasangga Reinsurance Brokers, then carried out an analysis of these factors using PESTEL and SWOT analysis as a basis for formulating a strategy that will be used by the company so that it is more advanced and developed so that the vision, mission and goals of the company are achieved. This study uses a qualitative method using the research object is PESTEL and SWOT analysis and the research subject is PT. Asrinda Arthasangga Reinsurance Brokers. The results of research using PESTEL and SWOT analysis show that PT. Asrinda Arthasangga Reinsurance Brokers is in quadrant 1 or the position of growth and development (growth). The strategy that must be implemented is a strategy that supports an aggressive growth policy. PT. Asrinda Arthasangga Reinsurance Brokers formulates both short term and long term strategic plans. The short-term strategy is in the form of a functional strategy which is a short-term activity within the company that must be developed by each function area of the company to implement corporate strategy and business strategy in each department or section.

OTA Platforms Online Travel in the Post-Epidemic Era - Case Study of Trip.com Group

In order to study the countermeasures of online travel OTA under the epidemic situation, taking Ctrip as the research object, this paper analyzes explicitly its corporate strategy and business strategy and puts forward suggestions and prospects for the future development of Ctrip. The results showed that Ctrip adopted the strategy of tourism marketing hub and the strategy of rural tourism revitalization in the face of the epidemic's impact. Specific performance through live presale, pay attention to the surrounding tour and domestic and foreign development of three aspects. These ways to enable Ctrip to pass the epidemic smoothly

Implementasi Talent Management Untuk Pemulihan UMKM

The outbreak of the covid-19 virus has had a broad impact on the Soloraya economy. Not only slowing down, not even a few have to stop operating. The implementation of the National Economic Recovery (PEN) program launched by the government to help cooperatives and MSMEs affected by the Covid-19 pandemic continues. The absorption of PEN funds has reached IDR 87.083 trillion or 70.37% of the total budget allocation of IDR 123.46 trillion. The realization of Productive Presidential Assistance for Micro Enterprises (Banpres Produktif) has reached 100% realization with a budget value of Rp28.8 trillion. The realization of this assistance has moved 12 million micro business actors who have experienced difficulties due to Covid-19. Based on PEN budget absorption data, the Ministry of Cooperatives and Small and Medium Enterprises of the Republic of Indonesia (KEMENKOP) is optimistic that the contribution of MSME exports will increase during the Covid-19 pandemic. If in 2020 MSME exports were around 14.37% of total exports, in 2021 it is targeted to increase to 15.12%. KEMNKOP's optimism about the increase in export contribution must also be balanced with the ability of MSME human resources. There are 8 things that need to be considered in handling Talent Management in Indonesia, namely organizational strategy and talent definition, talent identification, training and empowerment, appreciation, involvement, retention and career path, total quality management, and technology. The integrated talent management system model consists of corporate strategy, business strategy, attracting, developing, retaining, and evaluation of effectiveness. Where all these activities are directly supported by talent mindset culture, management support, and adequate Human Resourcer Information System. The research flow begins with an exploratory process in determining independent variables and designing research instruments. This stage includes Focus Group Discussion (FGD), Indepth Interview. Furthermore, face validity and small-scale and large-scale instrument testing. In this study, researchers will describe the implementation of Talent Management in MSMEs in Surakarta City. The sample criteria are employees at MSMEs registered with the Office of Cooperatives and SMEs of the Surakarta City Government. In this study, literature data comes from books, journals, the internet, research results and other information deemed relevant to the research topic.

The impact of the selected macroeconomic indicators’ volatility on the performance of South African JSE-listed companies: a pre-and post- Covid-19 study

The influence of macroeconomic variables on aspects of business and the country's economy has been a subject of robust discussion. This study was conducted to identify the effect of macroeconomic variables, namely inflation rate, economic growth, exchange rate and share price, on listed companies in South Africa. The goal was to study the long run and short run effects of macroeconomic volatility on company performance because of the world’s recent pandemic experience. To achieve this objective, the study applied the panel Autoregressive Distributed Lag (ARDL) model on annual panel data from 2010 to 2020 to analyse the short run and long run effects of macroeconomic variables on a company’s performance. The study results suggested a positive impact of economic growth, exchange rate and share price on asset returns, whilst a company's equity return is supported by economic growth and share price in the long run. The short run revealed that none of the independent variables has a sufficiently significant effect to influence a company's performance changes in the short run. Based on the findings, it was recommended that policymakers and economic authorities should introduce and implement strategies that favour and enhance the country's economic growth and stable exchange rate in order to improve company performance. Additionally, given that the company's short-run performance may highly depend on internal factors such as corporate governance, internal policies and business strategies, these decisions should be taken with precaution and a high level of professionalism.