Revenue Growth Research Articles

Value Creation Models of the Collaboration between MSMEs and Financial Technology Companies towards Innovation and Revenue Growth (A Study on Culinary MSMEs in Jakarta, Surabaya, and Medan - Indonesia)

This research examines the relationship and impact of value creation models from the collaboration between Micro, Small, and Medium Enterprises (MSMEs) and Financial Technology (Fintech) companies on innovation and revenue growth within MSMEs. Fintech revolutionizes the financial sector with digital solutions for various business processes, benefiting MSMEs by addressing financing, electronic payments, cash management challenges and other business matters. This study focus on value creations through MSME-fintech collaboration and their effects on innovation and revenue growth in MSME, while previous studies highlight fintech's advantages. The research questions include: (1) What value creations arise from the collaboration? (2) How do these value creations impact innovation and revenue growth in MSMEs? A structural equation model (SEM) using partial least square (PLS) methodology analyses the relationships and impacts of the value creation models. Data were collected from 178 culinary sector MSMEs in Jakarta, Surabaya, and Medan, Indonesia. Three of the five identified value creation models—new customer base, new value chain efficiency, and new customer value—significantly influence incremental innovation from MSME-fintech collaboration. Incremental innovation significantly boosts MSME revenue growth. Multi-group analysis shows micro enterprises have the highest revenue growth impact at 54.8%, compared to 47.0% for small enterprises, 51.5% for medium enterprises, and 50.5% for the overall MSME group. Specific value creation models foster incremental innovation, enhancing MSME revenue growth. This study provides insights into optimizing fintech collaborations for MSME financial outcomes and contributes to understanding the fintech-MSME dynamic, offering a foundation for future research.

The Role of Market Segmentation and Competitive Positioning in Increasing Brand Awareness in the Indonesian Retail Industry

This study examines the influence of advertising spending, customer relationship management, market segmentation, and competitive positioning on brand awareness and revenue growth in the retail sector of Indonesia. Data from 300 participants were gathered and analyzed using Structural Equation Modeling-Partial Least Squares version 3, employing a quantitative methodology. The findings demonstrate that all proposed connections are statistically significant and positive, suggesting that making smart investments in advertising, implementing good customer relationship management techniques, conducting precise market segmentation, and establishing a strong competitive position have a substantial impact on increasing brand awareness and driving revenue growth. These findings provide significant information for retail managers and marketers who want to optimize their marketing strategy and achieve sustainable growth in a competitive market.

Influence of Strategic Human Capital Development on the Performance of Tourism Organizations in Tanzania

Purpose: The study aimed to determine the influence of strategic human capital development on the performance of tourism organizations in Tanzania. Methodology: The study employed cross-sectional survey design to achieve the objective. The target population of this study included private and public tourism-related organizations with their umbrella organizations such as Government boards, Authorities, and Associations. A total number of registered and licensed tourism organizations that had more than 10 years was 1005. The researcher sampled 280 respondents from 140 organizations that included all categories established in this study. Data was collected using both primary and secondary procedures which were analyzed by statistical tools aided by the SPSS program. Reliability of the questions was done by use of Cronbach’s alpha where the adequate threshold was considered. A normality test was done for dependent variable to aid subsequent analysis. Factor analysis was also done to reduce the qualitative data to a meaningful size. Logit model analysis was used to understand the relationship between the independent variables and dependent variables. Results: Logistic regression model was statistically significant, χ2(1) = .747, p < .05. Results revealed that strategic human capital plays a sensitive role in influencing the tourism performance in organizations. Conclusion: The study concluded that human capital plays a contributory role in the performance of tourism in the country. It was expected that strategic human capital will play a unique role in growth of revenue in the organization hence return on investment is realized. Therefore, the results marked a strong relationship that exists between strategic human capital and the performance of tourism in Tanzania.

Investigating the Effectiveness of Cultural Change in Improving Financial Sector Performance

The significance of cultural change in improving financial performance has become widely acknowledged. To determining how cultural changes affect performance is critical in the financial industry, where quick changes in regulations and technology are typical. Even with the increased interest, there is still lack of empirical data connecting cultural shifts to the success of the financial industry. The study goal is to evaluate the efficacy of cultural change initiatives in improving financial sector performance, to identify specific cultural elements that significantly impact organizational efficiency, employee satisfaction, and overall financial outcomes. Study involved data from 500 institutions is categorized into two groups based on with and without cultural change significant. Statistical methods including T-test, chi-square test and regression analysis are employs to evaluate differences in financial metrics. Results show that institutions with cultural changes experience better financial performance, higher revenue growth, and improved employee engagement compared to those without. The study concludes importance of cultural change in enhancing financial sector performance and provides practical insights for financial institutions to optimize the organizational culture.

Integration of Big Data Analytics in Management Information Systems for Business Intelligence

In the era of big data, organizations are increasingly leveraging advanced analytics to extract valuable insights from vast and complex datasets. Management Information Systems (MIS) play a crucial role in collecting, processing, and analyzing data to support decision-making. Integrating big data analytics into MIS can enhance business intelligence and improve organizational performance. This study aims to investigate the integration of big data analytics into MIS and its impact on business intelligence. Specifically, the study seeks to identify the challenges and opportunities associated with this integration and explore best practices for implementation. A qualitative research approach was adopted for this study. Data was collected through semi-structured interviews based on a survey of over 312 information technology (IT) professionals from 21 industries with IT managers and business analysts from January 2022 to December 2023. Thematic analysis was used to analyze the data and identify key themes related to integrating big data analytics into MIS. The findings indicate that integrating big data analytics into MIS can significantly improve business intelligence. According to the respondents, on average, there was a 30% increase in the accuracy of decision-making processes after the integration. Additionally, organizations reported a 25% reduction in operational costs and a 20% increase in revenue as a result of the integration. Moreover, 70% of the respondents agreed that integrating big data analytics into MIS improved their organization's overall performance. Integrating big data analytics into MIS offers numerous benefits, including improved decision-making, cost savings, and revenue growth. However, organizations must overcome challenges such as data privacy and security concerns and the need for skilled personnel to manage and analyze big data. Overall, this study highlights the importance of integrating big data analytics into MIS for enhancing business intelligence and achieving organizational success.

Kontribusi Sektor Pariwisata terhadap Pendapatan Asli Daerah Kabupaten Mamasa

This study aims to examine the contribution, revenue growth, and effectiveness of tourism sector revenue to Mamasa Regency's Regional Original Revenue (PAD) in the 2019-2023 period. Researchers used a qualitative descriptive method with analysis of contribution ratios, growth ratios, and effectiveness ratios. The results showed that the contribution of the tourism sector to Mamasa Regency PAD was still relatively low, with an annual average of 69.26%. The lowest contribution occurred in 2020 at 6.23%, while the highest contribution was recorded in 2023 at 18.59%. The highest tourism sector revenue growth was recorded in 2021 at 125.63%, and the lowest in 2020. The level of effectiveness of tourism sector revenue during 2019-2023 is included in the highly effective category, with an average of 123.12% per year.

A Study on Key Performing Indicator and their Impact on Sales at MYBAE BAGS

Key Performance Indicators (KPIs) play an important role in the sales process in a competitive business environment. This study highlights the importance of KPIs in providing a structured way to measure, evaluate and optimize sales performance. KPIs, which include metrics such as sales revenue, conversion rates, customer acquisition costs, sales growth, and average transaction value, provide valuable insight into aspects of the sales process. Based on organizational goals and industry standards, these metrics help companies make data-driven decisions, reinforce accountability, and drive continuous improvement. This study explores the bag industry, divided into fashion, travel, sports, business and specialty bags. Advances in technology have led to the use of lighter and stronger materials and the inclusion of features such as RFID blocking sensors and integrated circuits. This industry is global and has a significant contribution to the economies of the world and India. Research methods include the collection of primary and secondary data using data analysis techniques to determine market size and forecast. A PESTEL analysis of an industry examines the political, economic, social, technological, environmental and legal issues affecting the industry. The report also provides an overview of MYBAE BAGS, highlighting its business segments, revenue growth, and market strategies. This study highlights the importance of KPIs in driving strategic change and achieving sustainable growth, positioning KPIs as important tools for organizations seeking to improve sales performance and good management

Analysis of Financial Performances for REGENERON: Comparison with AMGEN, GILEAD, and BIOGEN

As a matter of fact, plenty of biomedicne companies are grown faster especially after the impact of Covid. This paper analyzes the financial performance of REGENERON in comparison to its peers AMGEN, GILEAD, and BIOGEN. The study reveals that REGENERON exhibits robust financial health, characterized by a high and steadily rising gross margin throughout 2023, a revenue growth rate of 7.76%, and strong profitability driven by its popular Eylea series in the ophthalmology market. Conversely, GILEAD faces significant challenges, including declining gross margins, stagnant revenue, and unfavorable investment metrics such as a negative PEG ratio and increased P/E ratio. AMGEN shows stable performance with moderate growth, while BIOGEN struggles with lower profitability and fluctuating financial metrics. According to the results, REGENERON is well-positioned for continued growth, provided it maintains operational efficiency and adapts to competitive market dynamics. This research offers critical insights into the financial strategies and market positions of leading biopharmaceutical companies, serving as a valuable guide for investors and stakeholders in making informed decisions in a rapidly evolving industry.

Leaders’ capabilities and organizational efficiency: Evidence from the national taxation bureaucracy in China

Tax authority leaders have a significant impact on organizational efficiency, which is mainly manifested in tax collection efficiency. Based on provincial tax administrative data and data on listed companies from 1998 to 2017, we examine the impact of the capabilities of leaders of the National Taxation Bureaucracy (NTB) on tax collection efficiency. We adopt the fixed effects approach and isolate the individual effects of NTB directors as a proxy of leaders’ capabilities. We find that directors with stronger capabilities enhance tax revenue growth and complete tax revenue tasks by affecting corporate income taxes. The findings suggest that more capable directors are found to severely combat tax evasion and avoidance. Specifically, taxable income approved by the NTB, preferential tax policies and tax auditing have been used to combat tax evasion. We also clarify the boundaries of leaders’ capabilities. We provide supportive evidence for leaders’ individual impact on tax collection efficiency and enrich the study of tax collection and administration.

Financial Analysis of COFCO Capital under the Framework of Harvard

In recent years, COFCO Capital will continue to benefit from the synergistic advantages of the gold-control platform and the release of dividends from state-owned enterprise reform. The company has industrial advantages in the direction of strategic layout of food security, and realizes rapid growth in revenue and profit. Taking COFCO Capital Corporation, a professional finance company and investment platform under COFCO Group, as an example, this study applies Harvard financial analysis method, selects data from the 2018-2022 annual report, and comprehensively analyzes COFCO Capital Corporation's current operating status, competitive advantages, and future development potential in four dimensions: strategy, finance, accounting, and outlook to provide decision-making reference for the company and relevant stakeholders. It is found that the enterprise's solvency and operating ability are good, but its profitability and growth ability are in poor condition. It is proposed that solutions should be explored in terms of internal management and external investment and financing to improve its financial status and operational performance, which provides a reference for the company and relevant stakeholders to make decisions.

A Study on the Role of Digital Transformation in Enhancing Bank Performance

This study investigates the role of digital transformation in enhancing the performance of banks, focusing on how technological advancements have reshaped the banking sector. The research explores various dimensions of digital transformation, including the adoption of digital banking platforms, artificial intelligence (AI), blockchain technology, and big data analytics. By analyzing secondary data from financial reports, industry studies, and case studies of banks that have undergone digital transformation, the study aims to assess the impact of these technologies on operational efficiency, customer experience, and financial performance. Key performance indicators such as cost- to-income ratios, transaction processing times, customer satisfaction levels, and risk management effectiveness are evaluated to understand the overall benefits of digital transformation. The findings reveal that digital transformation significantly enhances bank performance by improving operational efficiency, increasing customer engagement, and driving revenue growth. Specifically, the adoption of digital platforms has streamlined processes, reduced costs, and improved the accuracy of transactions. AI and machine learning have enabled more personalized customer service and effective risk management, while blockchain technology has enhanced transaction security and transparency. The research concludes with recommendations for banks to optimize their digital strategies and overcome these challenges, and suggests areas for further research to explore emerging trends and technologies in the banking sector. Keywords: Digital Transformation, Bank Performance, Financial Technology (Fintech) Artificial Intelligence (AI), Financial Performance Metrics, Technology Adoption

From code to coin: Unravelling the practical business impact of algorithmic pricing

This paper examines the impact of algorithmic pricing on company value and presents the results of 31 expert interviews in various industries. The focus is on nine hypotheses, including the efficiency of automation, segmentation and value-based pricing, efficient resource allocation, perception of fairness, price transparency and uncertainty, the use of personal data and price competition. The surveys show that algorithmic pricing has considerable potential for efficiency gains through automation, particularly in terms of revenue growth. The potential for cost savings, however, varies from sector to sector. Segmentation and value-based pricing are proving to be feasible, but their implementation requires clear justification and economic rationale. Efficient resource allocation through dynamic pricing shows potential, especially in industry-specific scenarios. The perception of unfairness can have a negative impact, however, and personalised pricing risks alienating customers and reducing business value. Price transparency and uncertainty have a mixed effect, as customers often place more value on the transparency of alternative offers than on the company’s pricing process. The use of personal data poses a low risk to company value if it is transparent and mutually beneficial. The potential intensification of competition through algorithmic pricing depends on the market structure and the company’s objectives; however, algorithmic pricing can be used as an instrument to reduce price competition and increase company value. Overall, the results make it clear that the integration of algorithmic pricing strategies must be carefully and ethically designed in order to sustainably increase company value.

A Financial Analysis and Valuation of Home Depot

This study aims to research and analyze the firm’s valuation of Home Depot by exploring the company’s background and recent events, evaluating company performance, forecasting future development, and discovering the firm’s strategy and risk. The performance evaluation uses liquidity, solvency, and profitability to assess the firm operations and use of resources. The additional valuation adopts current and next year’s forecast financial data to measure the company’s EPS and revenue growth rate, P/E, PEG, and GP/A ratios. The results show that Home Depot has high liquidity, high profitability, and low solvency from its operational performance, as well as a high long-term valuation forecast in the home improvement retail industry. This consequence implies that Home Depot may have efficient business management and sound financial health by effectively meeting short-term obligations and using assets to generate revenue. Meanwhile, the company may also pose several risks, including an unstable economic environment, difficulty meeting long-term obligations, the continued decline in annual gross margins and ROIC, and potential stock overvaluation for investors.

Inflation, Oil Revenue and Economic Growth in Nigeria: An Ardl CoIntegration Analytical Model

Inflation, Oil Revenue and Economic Growth in Nigeria: An Ardl CoIntegration Analytical Model

Innovative financial strategies for achieving cost reduction and revenue growth in non-profit organizations

Non-profit organizations operate in a challenging financial environment, requiring innovative strategies to ensure sustainability and maximize their impact. This review paper explores essential financial strategies for non-profits, focusing on cost reduction, revenue growth, strategic financial planning, and leveraging technology. Cost reduction strategies, including operational efficiency, process streamlining, and technology implementation, enable non-profits to optimize resource allocation. Revenue growth is achieved through diversifying funding sources, expanding donor bases, and adopting social enterprises and digital fundraising methods. Strategic financial planning and management, encompassing robust financial plans, regular audits, and risk management, are foundational for financial health. Leveraging technology, such as financial management software, data analytics, and blockchain, further enhances financial efficiency and transparency. This comprehensive approach empowers non-profits to achieve financial stability, improve resource management, and enhance their mission-driven impact. Future directions recommend exploring new financial management practices and technologies to maintain competitiveness and sustainability in an evolving landscape.

Digital Transformation and its Effects on the Financial Performance of Malaysian SMEs

This study investigates the impact of digital transformation on the financial performance of Small and Medium Enterprises (SMEs) in Malaysia, a critical area given the country's ambition to become a digitally-driven economy. By integrating the Resource-Based View (RBV) and Dynamic Capabilities Theory, the research explores how the adoption of digital technologies, such as cloud computing and digital marketing, influences key financial metrics including profitability, revenue growth, and cost efficiency. The study highlights the moderating roles of firm size and industry sector, offering new insights into the conditions under which digital transformation is most effective. Through empirical analysis, the findings provide valuable guidance for SME owners, managers, and policymakers, emphasizing the importance of strategic digital adoption to enhance financial outcomes and contribute to Malaysia's broader economic goals. The research also identifies challenges such as digital skills gaps and infrastructure disparities, proposing targeted strategies to support SMEs in their digital transformation journey.

Employee Turnover in Pharmaceutical Industry of Bangladesh: Leading Factors, Impact and Retention Strategies

People is the prime asset of an organization that can make the business successful among the competitors. The success of an organization largely depends on its ability to attract and retain the talent employees to be devoted for the business. When the employee turnover rate becomes higher, the organization might lose its human capital, more specifically, skilled and trained human resources to its competitors which incurs both replacement costs and a competitive loss. This research, thus studied the key factors influencing employee turnover intention and also its impact on business of Pharmaceutical Industry of Bangladesh. The sample units are taken from three leading pharmaceutical companies of Bangladesh. Self-developed semi-structured survey questionnaires applying purposive sampling techniques were distributed to the 110 respondents out of which only 100 were valid and used for data analysis. Quantitative data was analyzed by the use of descriptive statistical methods. Furthermore, the study also interviewed a good number of human resource heads working in the Pharmaceutical Industry of Bangladesh by convenient sampling techniques. The study reveals that Salary & Benefits, Reward & Recognition, Career Progression Opportunity and Supervisor’s Behavior are the dominant factors of employee turnover in the pharmaceutical industry of Bangladesh. Job security, Job design and Organization climate are other factors that employees do consider for their departure from the organization. The study also explores that employee turnover has an impact on key indicators of organizational performance such as employer branding, revenue growth, productivity, moral & culture and quality of work. The study recommended a good number of strategies for improving the employee retention in pharmaceutical industry.

ANALYSIS OF ENTREPRENEURIAL COMPETENCE ON BUSINESS PERFORMANCE IN MSMES KAHUT SIGERBORI ECOPRINT BANDAR LAMPUNG

The purpose of this paper is to assess entrepreneurial competence and business performance in micro, small and medium enterprises (MSMEs) Kahut Sigerbori Ecoprint in Bandar Lampung, as well as to test the impact of entrepreneurial competence on business performance. This writing uses qualitative writing design, uses a descriptive approach and uses observation and interview methodologies. This writing uses data processing methodologies such as data collection, data reduction, data presentation, and conclusions. The writing population is 9 workers and 1 owner of Kahut Sigerbori Ecoprint Bandar Lampung. An interview was conducted with one of the individuals who served as the owner of an MSME. Research findings show that entrepreneurial competence plays an important role in managing and improving company performance in MSMEs Kahut Sigerbori Ecoprint. The business performance of MSMEs Kahut Sigerbori Ecoprint has shown remarkable progress, with significant and substantial revenue growth. There is a direct correlation between entrepreneurial ability and business performance. MSMEs Kahut Sigerbori MSMEs Ecoprint.

Enhancing Enterprise Efficiency through Cross-Domain Supply Chain Linkage Management

In recent years, with the complexity and variability of international finance, debt, and geopolitical risks, the growth rate of domestic economic operations has slowed down. More enterprise groups are facing the transformation and upgrading from domestic leadership to internationalization, achieving revenue growth of nearly 10 billion yuan per year against the trend. The severe and complex internal and external environment has brought many challenges to the supply chain for enterprises. This article focuses on the goal of an “enterprise supply chain system focusing on value creation, strengthening system linkage, and improving overall chain efficiency,” aiming to find solutions to problems such as strong demand variability, frequent emergency needs, coexistence of project shortages and inventory surplus, long material turnover cycles, and high organizational complexity. By searching for key activities in the entire business chain of demand, design, production, service, and finance, implementing source planning, process control, system linkage, analysis and summary, and team collaboration, we have achieved more scientific demand forecasting, more accurate planning, more effective procurement cost reduction, more stable production performance supply, more convenient inventory sharing services, and more efficient integration of business and financial policies.

DEVELOPMENT OF ELECTRONIC COMMERCE IN UKRAINE AND ITS IMPACT ON THE ECONOMY

The development of electronic commerce positively impacts the national economy by transforming business processes and consumer experience. eCommerce provides convenient access to goods and services from anywhere in the world, reducing costs and time spent on purchases, and facilitates the expansion of market opportunities. The aim of this study is to analyze the various characteristics and dimensions of eCommerce development in Ukraine, both before and after the full-scale war, and to examine its profound impact on the economy and broader society. This investigation will consider the shifting trends, challenges, and opportunities within the digital marketplace, offering insights into how these changes influence economic performance and social dynamics. The paper presents an analysis of eCommerce in Ukraine, including the legislative definition of «electronic commerce» and the positive aspects of digitalization on the economy. It examines the effects of global and local factors on the development of eCommerce in Ukraine and provides an overview of the dynamics of Ukrainian eCommerce from 2017 to 2023 in terms of major retailers. A forecast of significant growth in eCommerce revenues by 2029 in Ukraine is provided, based on the adoption of new technologies, including artificial intelligence and blockchain solutions, as well as improvements in digital literacy, expansion of eCommerce infrastructure, changes in consumer habits, and support for small and medium-sized businesses. Based on the analysis, recommendations for post-war recovery of the eCommerce sector are proposed. Conclusions are drawn regarding the positive impact of eCommerce on businesses, the state, and consumers. Further development of eCommerce in Ukraine requires adaptation to new conditions and technological innovations, increased digital literacy, and support for small and medium enterprises in their transition to online platforms