Industrial Business Research Articles

Sustainability in Business Events: How Hybrid Formats Shape Attendee Decision-Making

This study explores how the availability of hybrid business event formats influences attendees' decision-making concerning sustainable practices, addressing a gap in understanding how hybrid formats impact participation choices in the context of sustainability. The research specifically aims to examine how sustainability practices in accommodation, transportation, catering, and venue selection affect the likelihood of on-site attendance and how the option of hybrid participation shifts preferences toward virtual engagement. Data was collected from 533 international business event attendees, and Partial Least Squares Structural Equation Modelling (PLS-SEM) was used for analysis. The findings reveal that hybrid events, while promoting inclusivity and reducing environmental impacts, often lead to increased online participation, particularly among attendees with strong environmental concerns. Even when sustainable practices are implemented on-site, many participants prefer virtual options to minimise their carbon footprint further. This poses a challenge for event organisers striving to balance sustainability goals with the need to maintain physical attendance to keep the business industry running. The study offers practical recommendations for organising more sustainable and inclusive events, emphasising the importance of integrating green practices while leveraging hybrid formats to meet evolving participant preferences. These insights are crucial for guiding the future of sustainable event planning in the business events industry.

Crisis Management Strategies of Small Businesses in the Food Industry in Iran During the COVID-19 Pandemic

Crisis Management Strategies of Small Businesses in the Food Industry in Iran During the COVID-19 Pandemic

Human Capital and the Upward Occupational Mobility of Rural Migrant Workers in China

Research on the human capital and occupational mobility of Chinese rural migrant workers often focuses on how formal education is linked to upward mobility, and rarely accounts for the heterogeneity in the origin occupations. Conditioning on origin occupations, this study uses multivariable logistic regression models to explore the relationship between four human capital factors including formal education, professional training, professional certificates and the knowledge of foreign languages, and the likelihood of upward occupational mobility among rural migrant workers in the urban labor market in China. The findings confirmed the overall positive associations between human capital and upward occupational mobility, net of family background and demographic characteristics. Nevertheless, heterogeneous marginal effects exist for different human capital factors. Formal education is associated with the upward mobility of migrant workers whose first occupations are professional technicians. Foreign language proficiency is associated with the upward mobility for those with an origin occupation of industrial production personnel or business and service personnel. There is evidence for cohort differences, that foreign language proficiency is associated with the upward mobility of the older cohort with an occupational origin of industrial production personnel, and of the younger cohort with an occupational origin of business personnel, whereas high school degree only matters for the older cohort. This study contributes understanding to the mobility and stratification literature by: 1) distinguishing between four human capital factors including formal education, professional training, certificates, and foreign language proficiency, and revealing the heterogeneity in their relationship with upward mobility; 2) providing an innovative empirical approach to understand the relationship between human capital and occupational mobility that accounts for the origin and destination occupations of mobility; 3) contributing a life course perspective by revealing the link between origin and destination occupations, between education and employment, between the younger and older cohort, and between structural barriers (or incentives) and individual agency for human capital investment.

Kehidupan Mahasiswa Profesi Barista di Kota Pekanbaru

The city of Pekanbaru is one of the cities with a fairly rapid development of the industrial world, especially in the business industry, one of which is the very rapid development of coffee shops. The coffee shop itself is a place to gather, relax, socialize, and even to hold work meetings, with family, friends, and also colleagues. Usually, coffee shops provide several types of drinks and food, especially in the type of coffee drinks. In every coffee shop, there must be a barista as the maker or blender of the drink, but the barista's job is not only that the barista must also understand the types of coffee and the types of coffee machines. The location of this research was carried out at one of the coffee shops in Pekanbaru, namely Noa Coffee which is located on Jalan Arifin Ahmad No.70, Central Tangkerang, Marpoyan Damai District, Pekanbaru City. The purpose of the study is to find out the lifestyle of barista students in daily life and to find out the social meaning of barista for students. This research uses the Theory of Symbolic Interactionism and this research uses a qualitative method by taking 5 (five) research subjects, and using purposive techniques (intentional) or setting criteria on the subject. The data obtained in this study through primary and secondary data were collected by observation, interviews and documentation. According to the research conducted, it can be concluded that students who work as baristas mostly have the same lifestyle, but there is a slight difference in interpreting the social meaning of barista for students.

Pengaruh Profitabilitas, Leverage, Corporate Governance, Dan Cash Holding Terhadap Nilai Perusahaan ( Studi Empiris Pada Perusahaan Aneka Industri Yang Terdaftar Pada Bursa Efek Indonesia Tahun 2020-2022 )

The purpose of this study is to determine the effects of cash holding, corporate governance, profitability, and leverage on a company's value. In this study, quantitative methods are used. An industrial sector business that was listed on the Indonesian stock exchange between 2020 and 2022 serves as the sample. 126 samples were obtained by applying the purposive sample method to data extracted from the financial accounts. Data analysis techniques include double linear regression analysis and hypothesis testing (t-testing). The findings indicate that the following factors raise a company's value: cash holding, corporate governance, profitability, and leverage.

The Guideline Model for Water Resource Management of the Industrial Sector in the Eastern Economic Corridor for Sustainable Achievement

Water resource management is a key planning adaptation strategy for sustainable achievement. This research aims to compare the invariance of water resource management for the industrial sector in the Eastern Economic Corridor (EEC) for sustainable achievement. The study employs quantitative research questionnaires from 750 experts and qualitative research from focus group discussions with 11 expert industrial business managers working in the EEC. The research applies descriptive, inferential, and multivariate statistics that show overall results. Each of the four high-level components this research focuses on is Resource Management, Data Insight, Innovation and Technology, and Alliance Centric. The hypothesis testing shows the ways that different industries in the EEC prioritize water resource management are significant differently. The analysis of the developed structural equation model (SEM) reveals that it meets the evaluation criteria, being consistent with empirical data. The invariance measurement of the guideline model reveals that the model is appropriate, and the invariance is found from the empirical variance analysis.

Business Group Affiliation and Board Independence in India: The Effects of Structural and Situated Attention

ABSTRACTResearch Question/IssueThis study examines how business group affiliation shapes firm attention and consequently influences firms' compliance with board independence requirements.Research Findings/InsightsUsing a longitudinal sample of Indian listed firms, we find that group‐affiliated firms are more likely to comply with board independence requirements than nongroup firms, especially when the affiliated firm is larger or when a greater proportion of firms in the business group has adopted an independent board structure. However, the likelihood of compliance in group‐affiliated firms is subject less to the influence of the industry compliance norm. We also document that group‐affiliated firms are less sensitive to the influence of the industry task environment than stand‐alone firms. Other things being equal, the influences of industry complexity, munificence, and dynamism on compliance are smaller in group affiliates.Theoretical/Academic ImplicationsOur study contributes to the attention‐based view by extending the structural attention argument from organizational structures within firm boundaries to organizational forms across firm boundaries. We argue that the network structure of business groups shapes affiliated firms' attention focus and consequently affects their compliance patterns. We also highlight the joint effects of structural and situated attention on shaping organizational decisions. We reveal that the interplays of business groups' organizational form and industry contexts give rise to distinct compliance patterns between affiliated and unaffiliated firms and among different types of group‐affiliated firms. As such, we supplement prior corporate governance literature by stressing the influences of inter‐organization networks and industry task environment on board structure.Practitioner/Policy ImplicationsOur study indicates that inter‐organizational networks affect compliance with corporate governance regulations. Thus, the government could utilize inter‐organizational relationships and peer influence to encourage compliance. Our study also highlights the impact of industry environments and business group structure on board composition and managers' cognitive limitations that prevent them from attending to all situational cues. Thus, it is essential for managers to allocate their scarce attention to scanning various domains of their firms' external environments and internal circumstances when making strategic and corporate governance decisions.

Development of Sustainable Marketing Within Industrial Businesses: The Decisive Influence of the Cultural and Politic Context

In recent decades, the incorporation of sustainable development principles into marketing has increased significantly. Consequently, researchers have explored the contrasting relationships between the two areas to evaluate their respective relevance. In response to this change, researchers and practitioners have explored the possibilities of incorporating sustainability concepts into marketing. Therefore, the aim of this study is to focus on the cultural and political factors that explain the development of sustainable marketing in Cameroonian industrial enterprises in light of the existing literature on sustainability and marketing. To achieve this goal, we collected qualitative and quantitative primary and secondary data from a sample of 74 Cameroonian industrial enterprises in the Centre, Littoral and West regions. We used different statistical tools such as descriptive, exploratory, correlation and explanatory analysis. The results of this approach show that cultural and political factors such as human resource development, religion, language, ethnicity, compliance with laws and regulations, adherence to standards, and quality explain the implementation of sustainable marketing in industrial enterprises in Cameroon. Therefore, we recommend that public and private organisations strengthen their environmental discourse, especially in developing countries, in order to successfully transition to more responsible practices.

Redesign of work facilities at the tofu pressing station with a participatory ergonomic approach

Tahu Palda is a small and medium-sized micro business in the food industry that produces tofu. This factory has been producing tofu since 2005, located in North Aceh. The workers in this tofu usually five workers, with an average of 7 working hours per day. Based on the observations at several workstations, initial data indicate that the dominant work posture is standing, bending, and lifting heavy loads such as a 20 kg weight for pressing and lifting a mold holder with a 15 kg load. This is done continuously for 7 working hours each day. Based on the results of the distribution of the Cornell Musculoskeletal Discomfort Questionnaire (CMDQ), it was found that workers at the station experience complaints such as back pain, lower back pain, and upper arm pain due to the high frequency of lifting heavy loads. If this continues to be neglected, it can lead to work-related diseases such as musculoskeletal disorders. The assessment of workers' posture using the Rapid Entire Body Assessment (REBA) method shows that the score obtained for the job of pouring soybean paste is 7, which means a moderate risk, the job of lifting the press weight is 5, which means a moderate risk, and the job of flipping molds has a score of 10, which falls into the high-risk category and needs improvement. Improvements were made using a participatory ergonomics approach, resulting in the decision to redesign the tofu press tool to fit the workers' body anthropometry. The anthropometric calculations for the height range of the press support tool and cutting tool are 141.1 cm, the press support range is 68.78 cm, the width of the press tool is 49.4 cm, the height of the tray is 4.54 cm, and the height of the tray holder is 103.85 cm.

Factors that affecting firm performance mediated by digital transformation in Indonesia’s state-owned enterprises plantation and forestry industries

Digital transformation refers to the integration of digital technology into all areas of a business, fundamentally changing the way it operates and adding value to a firm's performance. This can involve adopting new technologies, reorganizing business processes, and creating a digital culture within the organization. One of the State-Owned Enterprises (SOE) in Indonesia, PT Perkebunan Nusantara III (Persero) with a focus on agriculture and main commodities, namely Palm Oil and Rubber, is carrying out a digital transformation initiative with the aim of improving firm performance. Along the way, the company faced many obstacles related to implementing digital transformation and the large investment costs incurred. This research aims to test the influence of Digital Transformation Leadership, IT Capability, Digital Mindset, Work Culture Change, Organizational Agility, Human Capital and IT Alignment with Business and test the influence of these variables on Firm Performance with Digital Transformation as a mediating variable. This research uses quantitative research methods by distributing online questionnaires via Google Form to 234 company employees who use Digital Farming, GIS and SCADA applications. Data was analyzed using the SEM-PLS analysis method with Smart-PLS Software version 3.3.9. The results of the research show that IT Capability, Work Culture Change, IT Alignment With Business have a positive effect on Digital Transformation. Apart from that, this research also shows the positive influence of Digital Transformation Leadership on Digital Transformation which is mediated by IT Capability and Digital Mindset on Digital Transformation which is mediated by Work Culture Change. Then, research also shows that Digital Transformation has a significant effect on Firm Performance. the research outcomes can serve as valuable insights for what factors influence firm performance mediated by digital transformation in the SOE plantation and forestry industry business cluster in Indonesia.

The impact of digital transformation on the accounting system effectiveness

In today's rapidly changing digital landscape, most businesses in various industries have embraced digital transformation to improve their operations and efficiency. The accounting industry also has opportunities to enhance the effectiveness of its systems with new technologies. This study introduces a new framework called the Digital Transformation Framework for Accounting System Effectiveness (DTFASE), developed using design science research. The framework consists of five main stages: assessment and planning, implementation and integration, operationalization and monitoring, continuous improvement, and evaluation and reporting. Its purpose is to guide organizations in systematically transforming their accounting systems to boost overall effectiveness. By using this framework, organizations can fully leverage digital technologies to optimize their accounting processes.

New Dawn fades: Trade, labour and the Brexit exchange rate depreciation

This paper studies consequences of the large exchange rate depreciation occurring when the UK electorate unexpectedly voted to leave the European Union. Sterling plummeted, recording the biggest one-day depreciation of any of the world's four major currencies since Bretton Woods. The prospect of Brexit happening generated sizable differences in how much sterling depreciated against different currencies. Coupled with pre-referendum cross-country trade patterns, this generated variations in exchange rates facing businesses in different industries. The paper offers evidence of a cost shock from the prices of intermediate imports rising by more in higher depreciation industries, but with no revenue offset from exports. Workers were impacted by these increased cost pressures, not in terms of job loss but through relative real wage declines in higher depreciation, larger cost shock industries. This resulted in an aggregate fall in real wage growth of 3 to 3.6% cumulatively over the three years after the referendum.

Outside vs. inside succession: Environmental and organizational contexts, strategic decision, and firm performance

This study examines the effects of the industry environment, corporate governance, and business strategy on the firm's choice of CEO successors from outside the company or within the firm, as well as the endogenous implications of the succession type for post-succession performance. Our findings indicate that: (1) firms are more likely to select their CEO successors from outside the company than to promote their successors within the firm when they are in less munificent, when the top executives are less entrenched, when the board structure is more independent, and when they pursue a differentiation strategy; (2) firms selecting their CEO successors from inside the company generally perform better than firms selecting their CEO successors outside the company; and (3) firms would make choices of succession type that best correspond to the conditions they encounter.

GUIDELINES TO CREATE WORK-LIFE BALANCE IN INDUSTRIAL BUSINESS ORGANIZATIONS IN THE DIGITAL ERA

Objective: Approaches to achieving work-life balance in industrial organizations during the digital era are investigated, with the aim of developing a structural equation model to enhance managerial effectiveness and competitiveness. Theoretical Framework: Survey research and mixed-methods statistical frameworks are employed, integrating qualitative and quantitative data to explore work-life balance in industrial organizations. Descriptive, inferential, and multivariate statistics are used to assess relationships and evaluate structural equation model's fit with the data. Method: Qualitative research is conducted through in-depth interviews with 9 experts and focus group discussions with 11 specialists. Quantitative research is conducted via a survey of 500 industrial business executives. Data are analyzed using descriptive, inferential, and multivariate statistics. Results and Discussion: Four key components to achieving work-life balance are identified: 1) Discipline and Motivation (X̅ = 4.32), 2) Innovative Activities (X̅ = 4.31), 3) Work Environment (X̅ = 4.29), 4) Organizational Support (X̅ = 4.22). A significant difference (p < 0.05) in approaches is revealed between small-to-medium sized businesses and large organizations. Statistical analyses indicated the structural equation model met the evaluation criteria and aligned well with observational data. Research Implications: This research provides practical guidance for implementing effective work-life balance strategies in industrial organizations while advancing theoretical understanding of key factors influencing employee morale, productivity, and competitiveness. Originality/Value: This study contributes to the literature by developing a structural equation model for work-life balance in digital-era industrial organizations, offering new insights into compensation, innovation, and workplace dynamics, with the potential to reshape organizational practices and enhance managerial effectiveness.

Ergonomic Industry Efforts to Prevent Business Failure

This article discusses and discovers ergonomic industrial efforts to prevent losses, aka preventing business failure. This article is designed descriptively. This design uses literature to collect data, namely data from various opinions and research results. Then it is analyzed and discussed using descriptive methods as well. Conclusion: 1. In industrial business work activities, ergonomic performance must be balanced between capacity and work tasks. Ergonomic industrial businesses are able to harmonize human needs, machines, material needs, work/production methods, funding needs and sales capacity in the market; 2. Management must be managed ergonomically, that is, in a balanced/harmonious manner that runs well, thereby preventing business failure. With an ergonomic approach, your business will be sustainable. Suggestion: Harmonious application of the 6 M's (man, machine, material, method, money, marketing) in new or existing businesses must be implemented to avoid losses

Adaption of Artificial Intelligence (AI) to enhance business and collaboration between countries, focusing on Saudi Arabia

Artificial Intelligence (AI) is one of the most ingenious inventions drastically transforming the business world. The question is whether the current growth of AI is all hype or if it has the potential to revolutionize the world is raised by the abundance of intelligent goods and services that have emerged in recent times. Technological developments in AI pave the way for creating technologies that resemble humans and can operate independently and imitate our intellectual processes. Numerous industries have shown considerable interest and enthusiasm in adopting AI due to technological advancements. As a result, numerous businesses are making significant investments to leverage this opportunity through innovative business models based on AI. The study aims to establish a model based on an evidence-synthesis approach that demonstrates how the business sector in Saudi Arabia can incorporate AI to achieve better outcomes and strengthen its relationships with other countries. However, the study also highlights some advantages and disadvantages of adopting AI models in the business industry so a balanced approach can be used to incorporate AI in different aspects of the business. The study recommends incorporating AI in different health, education, and business sectors in Saudi Arabia to foster international relationships in Saudi Arabia.

THE ROLE OF SUSTAINABILITY ACCOUNTING ON DECISION-MAKING: FIELD STUDY ON SUDANESE INDUSTRIAL COMPANIES

The article's goal is to explore how the economic, social, and environmental sustainability accounting components affect decision-making (DM) in the industrial sector of Sudan. This can assist companies in understanding and disclosing the benefits and drawbacks of their activities. The practical significance of scientific research is found in the way that the research conclusions will help to clarify sustainability-related concerns and reinforce Sudanese industrial businesses' dedication to them. Furthermore, there aren't many studies that address this subject in the context of Sudan.The results of the research show that the economic dimension has a positive impact on decision-making in the Sudanese industrial sector. It was also found that the social dimension plays a part in DM. On the other hand, DM Sudanese industrial businesses lack an environmental dimension. According to the study's recommendations, accounting regulators must develop guidelines and frameworks to help accountants measure and disclose sustainability information. Future research should continue to examine the impacts of sustainability development issues on Sudanese manufacturing firms to raise awareness of sustainability issues among accountants and management.

Innovation intermediaries and key-capability development: evidence from organisations in two Philippine agri-food business industries

ABSTRACT Innovation intermediaries can help boost and hasten the diffusion and adoption of technologies and practices in agri-food businesses, leading to better livelihoods, communities, and ecosystems. However, these organisations require several key-capabilities to ensure that their role performance leads to better innovation success for their stakeholders. This study employs a multiple case study approach to understand the key-capability building process and focuses on 18 innovation intermediaries in the rice and mango industries of the Philippines. The researcher finds that knowledge-building and management capabilities are essential and foundational across different organisation types. However, differences between organisations are seen in their networking-based capabilities. Moreover, the study finds four factors that may affect how innovation intermediaries build their key-capabilities. Additionally, evidence to support human resource development as a fifth key-capability and motivation as a third underlying capability was found. This study also provides policy and management implications for innovation intermediary key-capability development.

Digital Marketing Assistance as a Business Development Effort in the Home Industry in Kalidawir Tanggulangin Sidoarjo Village

Digital marketing assistance is one of the strategic efforts of business actors to expand market reach and develop their product businesses. This service aims to provide digital marketing assistance to develop businesses in the home industry of Kalidawir Village, Tanggulangin, Sidoarjo. This service method uses Participatory Action Research (PAR). The PAR method has work steps that provide an active role for all parties in designing, implementing, and evaluating changes to the business they are engaged in. This assistance was carried out in Kalidawir Village, Tanggulangin District, Sidoarjo Regency. The results of this assistance service obtained knowledge and skills for home industry actors that are in line with the current digital era. The assisted subjects also shared the results and lessons learned with the surrounding community, such as PKK mothers and Asman toga administrators. This sharing can ultimately result in an exchange of knowledge and inspiration between business actors in the village so that Kalidawir Village can become one of the important economic centers in Tanggulangin District.

The Role of Trade Officers in Enhancing Local Revenue Collection in Mpanda Municipal Council

The persistent under-collection of local revenues in Mpanda Municipal Council undermines the council's financial autonomy and leads to continued reliance on central government funding. This study aimed to evaluate the role of Local Government Authority (LGA) trade officers in revenue collection as a strategic initiative to diminish this dependency. To address this issue, the study employed a convergent mixed-method design rooted in pragmatism, allowing for the integration of qualitative and quantitative data to provide a comprehensive understanding of the factors influencing revenue collection. The research involved a population of 75 individuals, including personnel from the trade and industry unit, collectors, revenue officials, and business owners within the district council. A sample of 63 respondents participated in the study, with 46 responding to questionnaires and 17 business owners interviewed. Data were gathered through a combination of these methods, analyzed to capture both numerical trends and in-depth perspectives. The findings underscore the critical importance of strategic revenue management practices, well-informed trade officers, and effective revenue supervision in reducing reliance on central government funding. These insights bear significant implications for policymakers and local government officials aspiring to bolster financial self-sufficiency and ensure sustainable fiscal governance in Mpanda Municipal Council. To address these challenges, the study recommends a focus on comprehensive training and capacity-building programs for trade officers to enable them to autonomously manage revenue collection processes.