Large-scale Companies Research Articles

The Impact of Free Trade Zones on Corporate Sustainability Performance: An Empirical Examination from the Dual Perspectives of Financial and Environmental Performance

As a “testing ground” for a new round of institutional innovation, China’s pilot free trade zones (FTZs) have created favorable development conditions for listed companies and significantly influenced their sustainability performance. Utilizing data from Shanghai and Shenzhen A-share listed companies from 2010 to 2022, this study uses the establishment of FTZs as a “quasi-natural experiment” and measures corporate sustainability performance by combining financial and environmental performance. A PSM-DID model is constructed to explore the impact of FTZ construction on corporate sustainability performance. The findings are as follows: (1) The establishment of FTZs significantly enhances both the financial and environmental performance of companies. (2) FTZs promote corporate sustainability performance by reducing transaction costs and improving corporate innovation levels. (3) The establishment of FTZs has a significantly positive impact on the sustainability performance of companies in highly competitive industries, non-labor-intensive industries, high-tech enterprises, and large-scale companies. This study reveals the impact and transmission mechanisms of FTZs on corporate sustainability performance, providing new empirical evidence for the future direction of corporate sustainable development in China.

Analisa Peran UMKM Terhadap Perkembangan Ekonomi di Indonesia

Small and Medium Enterprises (SMEs) are productive businesses owned by individuals or single business entities and qualify as micro-enterprises. SMEs are businesses that operate independently and have no direct or indirect links to medium or large-scale companies. This study aims to determine the role of SMEs in participating in building the Indonesian economy. The research method used is the Literature review research method which is carried out by searching, collecting, and analyzing data sources from various previously published scientific works. From the results of this study, SMEs in Indonesia play a very important role in the economy, functioning as job providers, supporters of local products, and significant contributors to GDP. As well as being a supporter of the stability of the Indonesian economy. SMEs also experienced development from 2020 - 2023. Where when Indonesia experienced the Covid-19 pandemic, the economy that occurred this year decreased drastically so that several SMEs suffered losses. But in 2021 the Indonesian economy began to experience a slow increase.

Artificial intelligence in corporate communications: determinants of acceptance and transformative processes

PurposeThis study investigates the determinants of artificial intelligence (AI) acceptance in and AI-driven transformations of corporate communications. From a technology adoption perspective, the study explores the dual influence of individual and organizational factors on AI acceptance.Design/methodology/approachEmploying a qualitative research design, this study conducted semi-structured interviews with 19 AI experts in large-scale companies in Germany.FindingsThe study reveals micro-level determinants of AI acceptance related to AI’s perceived usefulness and ease of use. It also identifies macro-level determinants, including organizational awareness and frameworks. Corporate communications is expected to gain relevance due to the organizational integration of AI.Research limitations/implicationsThe proposed model integrates crucial factors influencing AI adoption and offers a starting point for quantitative validation. The study serves as a benchmark for future research, particularly given its timing right before the extensive adoption of ChatGPT.Practical implicationsOrganizations are encouraged to develop strategies that enhance both individual and organizational AI readiness. By reflecting both micro- and macro-level determinants of AI acceptance, a more holistic understanding of effective change management initiatives related to AI integration can be fostered.Originality/valueBy proposing an extension to the technology acceptance model, which incorporates both micro- and meso-level determinants, this study provides a novel framework for holistically understanding AI acceptance in corporate communications.

Shippers/freight forwarders’ acceptance of dedicated rail freight corridors for freight mobility in India

This paper investigates the acceptance of a mega rail freight infrastructure as a sustainable alternative to road transport for domestic freight movements in India. The dedicated rail freight corridors (DFCs) are the freight-only rail corridors proposed by the Indian government to improve freight mobility from a sustainable outlook. A shipper/freight forwarder survey was conducted to gather information on mode attributes and their stated preferences toward DFCs. We employ discrete choice (binary logit) and machine learning algorithms (random forest and extreme gradient boosting) to analyse the choice behaviour. The machine learning methods exhibited higher prediction accuracy, while discrete choice models offered better interpretability. On-time performance and transport costs are crucial factors that influence mode choice. Large-scale companies are more willing to shift to DFCs compared to small and medium firms. The policy scenario analysis indicates that providing a better on-time performance can gain a substantial share of DFCs.

Neoliberalisation through naming: place naming and shifting modes of housing production in Ankara

Place names play an important role in neoliberal urban development. The naming of a housing estate, especially a gated community, is instrumental in constructing the image and intended sense of community of an estate. This paper scrutinises the naming of housing estates in Incek, one of the most prestigious suburbs of Ankara, Turkey. While development in the area began with middle-class housing cooperatives, today Incek is marketed as an idyllic landscape embodying high-rise luxurious gated communities. We show that the naming of the housing estates not only reflects but also contributes to the shift in the mode of production from housing cooperatives to gated communities built and marketed by large-scale companies. Additionally, the name Incek has come to refer to not only the official boundaries of the neighbourhood but a larger territory, which illustrates the unfixed nature of toponyms in terms of location. Finally, the paper shows that there is a reciprocal relationship between the toponym and the image of a particular district, which can affect the functions and activities that flourish within it.

The Impact of Low-Carbon Pilot City Policy on Corporate Asset Efficiency: Evidence from China's A-Share Listed Companies

This study employs machine learning and the difference-in-differences (DID) approach to analyze the impact of China's "Low-Carbon City" pilot policy on the asset efficiency of A-share listed companies. The findings indicate that the policy has generally suppressed corporate asset efficiency, particularly in state-owned enterprises and large-scale companies. The study also reveals that the policy's impact is not significant in enterprises located in the eastern regions. Further robustness checks are conducted through predictive analysis using the random forest model, confirming the stability of the results. This research provides a basis for optimizing low-carbon policies and is of significant importance for promoting corporate low-carbon transformation and sustainable economic development.

Using boundary objects and methodological island (BOMI) modeling in large-scale agile systems development

AbstractLarge-scale systems development commonly faces the challenge of managing relevant knowledge between different organizational groups, particularly in increasingly agile contexts. Here, there is a conflict between coordination and group autonomy, and it is challenging to determine what necessary coordination information must be shared by what teams or groups, and what can be left to local team management. We introduce a way to manage this complexity using a modeling framework based on two core concepts: methodological islands (i.e., groups using different development methods than the surrounding organization) and boundary objects (i.e., artifacts that create a common understanding across team borders). However, we found that companies often lack a systematic way of assessing coordination issues and the use of boundary objects between methodological islands. As part of an iterative design science study, we have addressed this gap by producing a modeling framework (BOMI: Boundary Objects and Methodological Islands) to better capture and analyze coordination and knowledge management in practice. This framework includes a metamodel, as well as a list of bad smells over this metamodel that can be leveraged to detect inter-team coordination issues. The framework also includes a methodology to suggest concrete modeling steps and broader guidelines to help apply the approach successfully in practice. We have developed Eclipse-based tool support for the BOMI method, allowing for both graphical and textual model creation, and including an implementation of views over BOMI instance models in order to manage model complexity. We have evaluated these artifacts iteratively together with five large-scale companies developing complex systems. In this work, we describe the BOMI framework and its iterative evaluation in several real cases, reporting on lessons learned and identifying future work. We have produced a matured and stable modeling framework which facilitates understanding and reflection over complex organizational configurations, communication, governance, and coordination of knowledge artifacts in large-scale agile system development.

Environmental Accounting as a Tool for Sustainable Development: An Empirical Study on Large Scale Companies in Karnataka State

Environmental Accounting as a Tool for Sustainable Development: An Empirical Study on Large Scale Companies in Karnataka State

Sistem Otomasi Untuk Menyortir Barang Pada Ruang Produksi Menggunakan Scada dan PLC

The development of the industrial revolution is progressing. Especially on production performance or machine parts. Industrial revolution 4.0 uses the internet and digitalization. So there are lots of new innovations. In a large-scale company, of course there are many tools and machines that need to be regulated whether they are on or not with regular supervision. With regular supervision, it is impossible for human workers to check one by one, thereby wasting time and reducing production levels. Therefore, it is necessary to develop a control system using PLC and HMI (Human Machine Interface) as the brain or control center for the company. In the industrial sector, PLC (Programmable Logic Controller) is an important factor in the operation of automatic machines in factories replacing relay control systems. So that PLC as a control system in the industrial sector can move machines according to needs. One part of the industry is the production room. The production room is the part where there are manufacturing materials or goods up to packaging. This research aims to design and implement a PLC (Programmable Logic Controller) and SCADA by adding sensors and actuators as output. The method used is a rule base system, the system runs according to a predetermined sequence and flow. The results of this research are the PLC, the SHT 20 temperature and humidity sensor can produce temperature and humidity values, the capacitive photosensor can detect items with 35 trials accurately but the distance is limited to only 27cm, the proximity sensor can only detect metal objects by attaching to the sensor and The actuator in the form of a stepper motor can run according to the commands given and is well integrated into the HMI (Human Machine Interface).

Peran Kemitraan Masyarakat dan Perusahaan Kelapa Sawit dalam Pengelolaan Limbah serta Implikasinya pada Kesehatan Lingkungan: Sebuah Telaah Pustaka

The development of the Indonesian palm oil industry has direct implications for the increasingly widespread cultivation of oil palm, both managed by small-scale companies and those managed by large-scale companies. This condition is directly proportional to the increase in the amount of solid waste and liquid waste produced from industrial activities. Solid waste and liquid waste can pollute the environment and endanger public health if not managed properly. This literature review aims to examine the role of partnerships between communities and the palm oil industry in managing palm oil waste and its implications for environmental health. Partnerships involve active community participation in planning, implementing, monitoring and evaluating waste management programs. The results of the literature review show that the partnership has had a positive impact, such as improving water and air quality and reducing the prevalence of environmentally related diseases. Apart from that, community empowerment programs in processing waste into economically valuable products also provide economic benefits. However, there are inhibiting factors such as low public awareness, limited human resources, and lack of other supporting facilities and infrastructure.

Can the new energy demonstration city policy promote corporate green innovation capability?

New energy demonstration city (NEDC) projects are significantly driving changes in energy structures and sustainable economic development. Corporate green technology innovation is key to achieving an alternative to our current energy use. To explore whether the NEDC project can help to improve companies' green innovation capabilities, this paper presents the dual differential model (DID) to conduct empirical research on panel data in 285 prefecture-level and above cities in China from 2008 to 2020. The DID model is arguably the most adequate for addressing the issue of endogenous problems. The research shows that the NEDC project has improved corporate green innovation capability; the findings of mechanism analysis show that NEDC projects have incited an upgrading of the local urban industrial structure and thereby improved corporate green innovation. The policy effect of NEDC projects obviously shows “insufficient momentum”; the heterogeneity test found that the promotion effect of NEDC projects for corporate green innovation in eastern cities, major cities, large-scale companies and energy-dependent industries is more significant. Based on the conclusions and heterogeneous characteristics for promoting corporate green innovation capability, the government should roll out further NEDC projects in a systematic way and more closely monitor the quality of such new energy demonstration cities.

Environmental regulation and labor demand: Evidence from China's air pollution prevention and Control Action Plan

In response to environmental regulatory pressure from the government, enterprises – as the main employers of labor – adjust their production-related choices and may alter their demand for labor. Numerous researches have probed into how environmental regulations affect the labor demand, which has emerged as a significant concern in the discourse around the adoption of environmental regulation policies. Nonetheless, many researches predominantly concentrates on the evaluation on the effects of environmental regulations on economic and environmental levels. Moreover, rare attention has been paid to how environmental regulations affect social activities, especially in terms of labor demands. As a result, the Air Pollution Prevention and Control Action Plan (APPCAP) is adopted as a “quasi-natural experiment” and a difference-in-differences model is employed to analyze the effects of the APPCAP on labor demands of companies. Hence, the 2008–2020 panel data are considered for the 3,949 Chinese A-share listed enterprises. Furthermore, this paper probes deeply into the underlying mechanisms based on mediation models. The following findings are thus concluded: (1) The labor demands of enterprises can be remarkably increased by APPCAP; and the result is still persuasive even though the endogeneity issues are taken into account. (2) APPCAP improves enterprise labor demand through the output and factor substitution effects. (3) As evidently revealed by heterogeneity analysis, the APPCAP could significant positive affect the labor demand size in state-owned companies, large-scale companies, new companies, and companies in polluting industries. (4) The APPCAP strikingly boosts the demand for labor force with high skills. Nevertheless, it exerts little influence on the demand for labor force with low skills and company salary levels. Therefore, the government must continue to steadfastly implement environmental regulatory policies but adopt different policies based on enterprise characteristics. Overall, this study provides micro-level experimental evidence for more in-depth understanding of how environmental policies affect labor market, which is particularly important for actively resolving social employment problems and exploring new growth points in enterprise employment.

Research on the Impact of the Belt and Road Initiative on the Overseas Business Performance of Chinese-Listed Firms——Quasi Natural Experiment from Cities Along the Belt and Road Initiative

This paper examines how the Belt and Road Initiative influences the overseas operational performance of Chinese listed companies. Based on the panel data of Chinese Shanghai and Shenzhen A-share listed companies with overseas revenues from 2009 to 2020, this paper utilizes the DID models to conduct empirical tests. This paper examines the moderating effect of the overseas background of the executive team. It discusses the differentiation effect of the Belt and Road Initiative in the context of heterogeneous companies. The results find that the Belt and Road Initiative significantly reduces the overseas business performance of Chinese listed companies. The overseas background of the executive team can inhibit the negative impact of the Belt and Road Initiative on the companies’ overseas business performance. Moreover, the implementation of the Belt and Road Initiative significantly reduces the overseas business performance of large-scale companies but has no significant effect on small-scale companies. Therefore, Chinese firms should strengthen risk management and cost control, build executive teams with overseas backgrounds, and set clear performance targets to enhance the effectiveness of overseas operations.

Can the water resources tax promote the water-saving innovation performance of high water consumption companies? -Empirical analysis from the pilot provinces in China

Water resource shortages and groundwater overexploitation in China restrict high-quality economic development and cause serious environmental issues. To promote the intensive use of water resources, suppress groundwater overexploitation and force high water consumption companies to save water, the Chinese government implemented “interim measures for expanding the reform of the water resources tax” in 2017. We represent water-saving innovation performance as the number of authorized green patents promoted by the water resources tax. By selecting the annual reports and patent data of 818 high water consumption listed companies and 727 nonhigh water consumption listed companies in pilot and nonpilot provinces, we use double difference and triple difference methods to verify the influence of the water resources tax policy on promoting the water-saving innovation performance of high water consumption companies in pilot provinces. Then, the parallel trend test, PSM-DDD robustness test and placebo test are used to demonstrate the rigor and effectiveness of this study, where all possible factors that interfere with the results of the study are excluded. In addition, the heterogeneity analysis shows that the water resource tax policy is more significant for promoting the water-saving innovation performance of nonstate-owned and small and medium-sized companies than it is for promoting that of state-owned and large-scale companies.

Implementation of Ventilation Panel Installation

Abstract. Electrical panels are an important component in industry, which provides security to electrical installations in various industrial sectors. Large-scale companies dominate this industry to meet the high needs of consumers and maintain the quality and security of electrical installations. Electric panels must be installed carefully, pay attention to the surrounding environment, and play an important role in controlling ventilation to regulate the temperature and air conditions inside the cage. This research uses qualitative methods to understand the process of making ventilation panels. The results cover two types of panels: electric panels and ventilation panels. Electric panels serve as storage for electrical components, protect from the surrounding environment, and facilitate the operation of electrical machines. Meanwhile, ventilation panels are a crucial part of modern farm management, adjusting temperature and humidity to suit the needs of animals. The components in the ventilation panel involve various elements such as MCBs, TORs, contactors, relays, busbars, and others. The process of creating ventilation panels includes steps such as sketching pictures, making electrical panel boxes, assembling components, busbar assembly, wiring, as well as QA and QC stages to ensure panel quality. This process ends with finishing and packing before delivery to the consumer. This research provides an in-depth understanding of the manufacture of ventilation panels, which is essential for modern industry and agriculture inining optimal environmental conditions.

Belated stock returns for green innovation under carbon emissions trading market

Carbon trading is an important market mechanism to achieve carbon neutrality. This study explores the possible impact of carbon markets on the stock market performance of listed companies using data from 2013 to 2022 in China's carbon trading pilot regions. Using the event shock of delayed trading in the Chinese carbon market, we attempt to answer the question of the role of green innovation hidden under the compliance event. Results show that a 1% increase in carbon market turnover leads to an average decrease of CNY 0.123 in the company's stock price. Large-scale companies that have been listed for a short time and have poor green innovation capabilities are more vulnerable to the carbon market. Under delayed trading, firms with high green innovation capability will be profitable. By contrast, profitability is not reflected in low green innovation firms. Companies with low green innovation can reduce stock market performance owing to the carbon market's undersupply situation. Our study reveals the stock performance of different carbon trading entities under delayed trading, providing a realistic basis for firms to choose green innovation while helping to improve carbon trading market dynamics.

Agribusiness Small and Medium Entrepreneurs’ Overall Perceptions of Institutional Support Towards Facing Technology Challenges: A Case of Sri Lanka

Purpose: Technology challenges have been recognized as one of the growth retarding factors of Small and Medium Enterprises (SMEs), which further reduced their potential contribution to the national economy. Hence, this research aims to study the Sri Lankan agribusiness SMEs’ overall perception of institutional support towards facing technology challenges.Research Method: A qualitative case study-based methodology was adopted, and a series of key informant interviews were held with 10 SME owners in the Agribusiness sector, using purposive sampling. An in-depth thematic area analysis was used to analyze the data gathered from the interviews and identified five technology challenges faced by SMEs. Findings: SMEs repeatedly stated weak financial base, lack of technical know-how, lack of institutional support, and practical problems that arose when commercializing new products. Many respondents showed a low tendency towards adopting E-Commerce/M-Commerce/E-Marketing and database management systems. The study revealed that they had built network partnerships with other SMEs in the industry on their own. Most SMEs are currently facing difficulties in connecting with Multi-National Companies (MNCs)/ Trans-National Companies (TNCs)/ Large-scale companies. According to the SMEs' overall perception of institutional support, many had low satisfaction in most of the areas. Value: This study is important for the government institutions and relevant policymakers to identify the requirements of SMEs, and thereby, organize customized supportive programs to overcome technology challenges.

Environmental Accounting as a Tool for Sustainable Development: An Empirical Study on Large Scale Companies in Gujarat

The disclosing of environmental accounting information is a crucial step towards achieving the aim of “carbon emission.” The corporate sector’s role is higher in polluting the environment as well as the extravagant use of natural resources. Many steps have been initiated by the Indian government in favour of environmental protection and sustainable development. PM Modi introduced India’s “Panchamrit” to achieve the net zero emissions target by 2070. In this regard, this study has been undertaken to examine the environmental variable disclosure score (EVDS) by the selected thirty (30) companies in the state of Gujarat. Only large-scale companies are listed on National Stock Exchange and Bombay Stock Exchange stock exchanges. Only high-polluting companies which fall in the red category (as per Gujarat Pollution Control Board) that only selected for the study. Earlier studies focused on revealing the environmental information of the companies at the India level but very few studies have been observed at the state level. Hence, this research bridges the gap by examining the impact of audit quality on EVDS, the Business Responsibility Report (BR Report) score on EVDS, and analysing the difference between the large-cap, mid-cap and small-cap companies in EVDS.

An IT Asset Governance Model Design Using COBIT 2019 And ITIL V4 Framework at BKU Itenas

Information technology is considered a critical asset in both institutions and large-scale companies. Assets within an institution/company support operational activities and business processes, making them closely related to IT governance, which directly involves IT services. Asset management in the General Finance Bureau (BKU) still faces challenges such as lack of human resources, undocumented software data, lack of audit implementation, and the absence of regular IT asset checks. COBIT 2019 with the BAI09 domain and ITIL V4 with ITAM practices are expected to work in synchronize to provide evaluation and recommendations regarding IT asset management at BKU Itenas. The research aims to measure the maturity level using COBIT 2019, conduct gap analysis, and design IT asset management governance using ITIL V4 in a sequential process starting from maturity analysis, gap analysis, design, and conclusions. The measurement of the maturity level obtained a value of 2.41 (managed), which is placed at maturity level 2. Meanwhile, target to be achieved at level 3 (defined). The GAP calculation between the current condition and the target to be achieved is 0.59. Furthermore, the recommendations include the creation of processes as guidelines for BKU Itenas in managing assets that support academic and administrative activities at Itenas.

ГРАНТИ ПРОГРАМИ SEEDS OF BRAVERY ДЛЯ ПІДТРИМКИ УКРАЇНСЬКИХ ТЕХНОЛОГІЧНИХ СТАРТАПІВ В УМОВАХ ВІЙНИ

The article examines the SEEDS OF BRAVERY Project, which is funded by the European Union through the European Innovation Council. It is emphasized that this is an initiative implemented to support Ukrainian technology startups and their integration with the EU; the main goal of the Project is to promote the development of diversity, increase the potential of deep technologies and stimulate hundreds of innovations based on Ukrainian technologies that are useful for end users in Europe, Ukraine and around the world. The possibilities of the Project for Ukrainian startups and existing large-scale companies of Ukraine that develop innovative services or products have been demonstrated, namely: to receive financial and non-financial assistance for the implementation of the project's innovative business and innovative initiative. Emphasis is placed on the fact that this is help for business startups and companies that wish to expand their operational activities in Ukraine, to achieve a positive development effect, including for the implementation of social projects. The main areas of support for the Project were demonstrated: "Business and innovative services", "Innovative entrepreneurship", "Deep Tech incubators", "Ukraine reconstruction", "Expansion and acceleration of Deep Tech". The study noted that until April 25, 2025, Ukrainian companies can apply for grant funding in the amount of up to 60,000 euros in total. Outlined main support of the UASEEDs Project as of March 2024: 1. Non-refundable grants (up to 60,000 euros); 2. Access to additional financing; 3. Women's entrepreneurship and leadership programs; 4. Support of applications of Ukrainian startups to EIC and other European funding competitions; 5. Market Discovery and Fast track programs, as well as regular DemoDays with international investors and business angels; 6. Creation and acceleration of Deep Tech business, entrepreneurial education for scientists and innovators; 7. Getting to know investors, accelerators, stakeholders of the innovation ecosystem. Summarized, as a result of the implementation of these projects, a significant impact of the startups' activities on the innovation ecosystem of Ukraine, as well as on various spheres for the recovery of Ukraine in war conditions, is expected.