Major Corporations Research Articles

Implications of E-Banking on Household Financial Management

Financial management is carried out for small businesses as well as for major corporations, including digital financial services for consumers. As a result, it has an impact on how consumers use financial technology. Understanding behavioral changes in home finance management is the goal of this study. This study employed a qualitative methodology. Primary research data in the form of a questionnaire was used. Samples were collected from Pekalongan City homes. The study's findings indicated that because m-banking makes it so simple to conduct transactions, housewives who continue to keep track of their household's financial statements prefer to use banks when making deposits.

Storytelling in Development: universal technologies and current contexts

The article is devoted to storytelling technology, which involves the production and promotion of optimized stories in the interests of companies and their products. The authors explore the dynamic development of this area of science and practice from structuring universal technologies to focusing on certain models of construction and actual application of these technologies in various socio-economic contexts. As a special perspective, the authors consider the interrelated concepts of “storytelling” and “conflict”, which perform the task of conflict management in order to obtain a positive effect. It is shown how the conflict component of the story simultaneously serves to make it more attractive and to promote the conflict towards its constructive solution. The practice of creating immersive stories that arise spontaneously or in an organized manner among consumers and the media, as well as the reaction of companies to them in the form of creating counterstories, is demonstrated. The experience of storytelling of three major corporations is analyzed: Procter & Gamble, Philip Morris and McDonald’s.

Exploration of 3D objects: methods for simulation, application, and presentation

Simulation programs have revolutionized the operations of major corporations in the 21st century. These programs offer meticulous recording and analysis of processes, enabling the identification and resolution of bottlenecks, deficiencies, and errors that could arise during real-world production. Simulations provide comprehensive insights into the entire production process, even before it begins, ensuring optimal efficiency and minimizing downtime and mistakes. They can be customized to varying levels of complexity, encompassing process-oriented perspectives and visually detailed representations. To ensure accuracy, analyzing and evaluating available data is crucial, supplementing it with necessary information to enhance the virtual representation's fidelity. In this discussion, we will primarily explore the modeling of 3D objects within detailed simulations and their subsequent application and interpretation in diverse contexts.

Application of the Internet of Things and 6G Cellular Communication to Optimize Accounting and International Marketing

Digitalization of marketing forms preconditions for personalization and individualization of advertising promotion of goods (works, services). Databases about consumer preferences and market situation are at the disposal of major international corporations, which makes it difficult for advertisers and admen. It is envisaged that the development of technologies of the Internet of Things (IoT) and 6G cellular communication should change the situation in the field of processing and using information for accounting, management and marketing purposes. The purpose of the scientific research lies in optimization of accounting and international marketing in terms of determining income, expenses and, accordingly, profits from the lease of commercial and advertising space in all international participants of lease relations on the basis of information generated by innovative technologies of the Internet of Things and cellular communication of the sixth communication generation. In particular, the method of using technologies of the Internet of Things and 6G cellular networks was developed for obtaining information about the movement of visitors of commercial establishments and their consumer preferences. The procedure for recognition and accounting of all market participants’ income, expenses and, accordingly, financial results from the lease of commercial and advertising space has been developed, including operators of commercial establishments, advertisers, admen, and leasers. The organization of accounting the lease of commercial and advertising areas as part of international economic activity of enterprises has been optimized by providing international access to information and software and technical resources of the Internet of Things and cellular communication. Management decisions have been made as a reaction to information from a database about visiting commercial establishments. Based on the authors’ proposals, the order of circulation of accounting and management information and funds from buyers to operators of trade networks, trade establishments, advertising agencies and, finally, producers of goods (works, services) are proposed through the systems of international information relations that form a closed cycle of economic activity at the global level and require further scientific research.

PostgreSQL изнутри и снаружи

В помощь специалистам, знакомым с устройством реляционных СУБД, планирующим переход на PostgreSQL, издательство «ДМК Пресс» выпустило книгу «PostgreSQL 15 изнутри». The exodus of western IT vendors from Russia has led to shrinkage of local enterprise database market. The way out is PostgreSQL, with major Russian financial and industrial corporations having migrated to the database without waiting for imported software products to “turn into a pumpkin”. However, it is no typical task for a corporation to maintain an opensource solution, tracking its development and ensuring guaranteed reliability of the system-level code. For PostgreSQL, those tasks are handled by Postgre Professional, a company offering the Postgres Pro database that is included into the Unified Registry of Russian Software Products.

Diasporic capital and the financialisation of housing in Ho Chi Minh City

In recent years, policymakers and development practitioners have focused on the potential of remittances for economic growth. The World Bank projects that remittances will soon outpace overseas aid and foreign direct investment combined in low- and middle-income countries. This article examines how remittances, or what I call ‘diasporic capital’, sustain urban financialisation at multiple scales. Most research on urban restructuring in the financialisation literature has focused on major corporations, management actors and financial markets without considering the specific sources of capital flows. Diasporic capital flow is facilitated through a unique financial architecture and an incoherent regulatory framework distinct from foreign direct investment. Drawing from interviews conducted with government stakeholders, private sector representatives and members of the Vietnamese diaspora, this article examines the actors, motivations, mechanisms, regulations and products that shape and constitute diasporic capital flow. I argue that classical notions of remittances as money supporting the social reproduction of family are outdated and do not reflect emergent forms of diasporic investments in Ho Chi Minh City’s financialised landscape.

The role of intellectuals in times of pandemic: Understanding Noam Chomsky's political engagement

The role of intellectuals in times of pandemic: Understanding Noam Chomsky's political engagement

The Exit Threat of Non-controlling Major Shareholders and Corporate Financial Risk

Corporate governance plays a crucial part in corporate financial risk but the traditional means of corporate governance are limited. The means of corporate governance based on the exit threat of non-controlling major shareholders have been paid more and more attention. Based on this, this paper selects the China's A-share non-financial listed corporates from 2011 to 2021 as samples to explore the relationship between the exit threat of non-controlling major shareholders and corporate financial risk. It is found that exit threat can lower the financial risk of corporates; the reduction effect is more significantly for large scale and state-owned companies; high ownership concentration and high return on assets can strengthen the reduction effect of the exit threat on financial risk. This paper confirms the governance role of exit threat, and provides a new way to reduce financial risk for companies.

“Rather Than Follow Change, Business Must Lead this Transformation”: Global business’s institutional project to privatize global environmental governance, 1990–2010

Regardless of the enormous risks to humanity, the three-decades-long international effort to administer sustainability has seen an intensifying process of governance privatization, coupled with a failure to reduce global emissions. Bridging neo-institutional and business-class theories, I examine the mobilization of a class-wide coalition of major transnational corporations on a long-term institutional project to shape environmental governance in the mold of a private, market-based institutional logic. Drawing from analyses of the structure, discourse, and activities of the transnational business association World Business Council for Sustainable Development circa 1990–2010, I show how the WBCSD unites the CEOs of some of the largest transnational corporations into a cohesive leadership group, mobilizes the corporate resources they command, and coordinates global-scale, durable institutional creation work. The project’s purpose is to crowd out the state-based logic of environmental governance, thus restricting the development of market-incongruent sustainability organizing. The article contributes to the understanding of societal-level, large-scale institutional work by examining the key agency of business classes in such work, the organization of large-scale work through multifaceted projects, and its orientation to set institutional logics through diverse creation of institutional forms that embody the logic.

Systemic stablecoin and the brave new world of digital money

Abstract New forms of money invite informed speculation regarding future possibilities. In this extended commentary, we explore five issue-areas that the growth of cryptocurrency and, more particularly, stablecoin have evoked. This new form of digital money has the potential to change the form and functioning of payments technologies and thus alter not just how something is paid for but what can be paid for. Moreover, as the now shelved plans for Facebook/Meta’s Libra/Diem indicate, there is scope for a major corporation or coalition of corporations to issue their own stablecoin and this greatly increases the likelihood of a ‘systemic’ stablecoin. This, in turn, could change where power resides and who exercises it in banking, finance and society. Concern with power leads to issues regarding the nature of change and thus to concern with possible financial, economic and social disruptions ranging across the nature of trust, bank business models, the effectiveness of central bank policy and security of payments systems. Given these issues, cryptocurrency and stablecoin have become a growing concern for regulators and this concern extends to the case for a retail central bank digital currency (CBDC). Finally, a new form of money invites discussion of its implications for the nature of money and this leads to matters of philosophical or social theory interest.

Analysis of current trends in the development of the syndicated loans market in the world and in Ukraine

Object: The main purpose of the paper is to study the essence and role of syndicated lending in the world economy, to identify changes in this process associated with the Covid-19 pandemic, and also to study the particularities of syndicated lending in Ukraine and to determine the role of Ukrainian companies in this market. The object of the study is the processes of international syndicated lending as one of the most important instruments of financing the activities of major companies and the use of the international experience to enhance the ability of Ukrainian enterprises to attract additional financial resources in the international capital markets.Methods: During the study of syndicated lending development on the global scale and in the Ukrainian market the authors used methods of mathematical analysis and synthesis based on statistical databases published by international analytical agencies and companies, in particular such monthly analytical reviews as Cbonds Review and Cbonds statistical reference books, as well as Thomson Reuters, Loan Market Association databases, etc. The database of the Ministry of Finance of Ukraine was used to study issues related to the development of syndicated lending in Ukraine.Findings: The authors studied this market from the perspective of identification of the structure and functions of the key parties to syndicated lending transactions, analyzed the main banks arranging syndicated lending, the main borrowers and the main areas of investment. The article introduces the main disproportions in the development of the global market of the syndicated lending by regions, member countries, major lending banks and corporate debtors. The article presents the analysis of the participation of Ukraine and Ukrainian borrowers in the processes of international syndicated lending. The analysis of particularities of the development and sectoral orientation of the syndicated loans market in Ukraine for the last 20 years was made; the main imbalances in its development were examined. The main stages and their distinctive features of the development of syndicated lending market in Ukraine were distinguished; the dependence of the intensity of syndicated lending and its sectoral orientation on the changes in the macroeconomic indexes of the country was proved.Conclusions: The article reveals the main disproportions in the development of the world syndicated lending market and its direct dependence on the pace of development of the world economy. The authors defined stages of the development of syndicated lending in Ukraine, their particularities and reasons for the extremely low level of use of this instrument of financing in Ukraine. This paper focuses on the fact that the establishment of an effective system of syndicated lending in Ukraine can help to multiply the potential of the banking system as a whole. Syndicated lending can be used to accumulate the required credit resources, in particular, for large long-term investments in project financing and investment lending.

Analysis of Toyota's Operations to Maintain its Brand Position During the COVID-19 Pandemic

Toyota is a major multinational corporation dedicated to the manufacture of automobiles and transportation equipment, with sales ranked among the world's top and named a Number 1 Motor Vehicle Company on Fortune Magazine's 2020 "World's Most Admired" list 2020. The main purpose of this article is to analyze how the strategies implemented by Toyota during the COVID-19 pandemic period (late 2019-2022 in this article) have helped it regain its business viability as soon as possible and to assess the feasibility of these strategies for other automobile manufacturing companies through three aspects: actual cases, financial analysis, and SWOT analysis. According to the author's research, most business analysis articles only start from a company itself or give an appropriate opinion of this company, but this article wants to give an opinion to other car companies by analyzing Toyota's strategy to give an opportunity to the current trend of economic globalization.

In What Contexts Institutional Investors Can Be Catalyst? The Moderating Role of Corporate Governance

The paper examines the role of institutional investors in improving firm-level financial competitiveness by enhancing corporate governance. We employ multiple case study methods to analyze the role of institutional investors in improving firm competitiveness. The study finds traces of institutional activism across different industries and their role in major corporate governance issues. Thus, the study suggests that institutional investors help in improving the corporate governance landscape of the firm, which in turn can impact the firm financial competitiveness. In India, the indicators of the principal–principal dilemma can be mitigated by implementing governance mechanisms such as empowering minority shareholders and increasing institutional investor engagement. Thus, the findings of this study propose changes in the legal framework that would empower institutional investors, primarily by reducing the expropriation of minority shareholders by majority shareholders (concentrated promoters), who could otherwise skew voting outcomes in favor of minority shareholders.

Lost Weavings of Atlanta: A Report

This article explores the history of corporate weaving commissions in Atlanta, during the height of the international fiber art movement of the 1970s through the 1990s. This period witnessed a coordinated strategy to install large-scale textile works in many of the city’s newer buildings. With few exceptions, the fate of these works remains unknown, as do the original circumstances of their creation. Atlanta is not unique in this respect; corporate fiber art commissions across the United States have generally garnered little attention from scholars. As a result, a chapter of late twentieth century textile history is actively disappearing. Drawing on archival research, artist interviews, and site visits, the authors examine how the local, national, and international contours of the fiber art movement coalesced in the story of Atlanta’s major corporate commissions.

Transformation of business models in the digital economy

The feasibility of digital transformation of business models is proven in the article. It is determined that the process of digital transformation covers all spheres of life: from interaction between people to industrial production, everyone is a consumer of digital technologies - the state, business, citizens. The development of Ukraine’s digital economy involves the creation of market incentives, motivations, formation of demand and needs for the digital technologies use. Digital transformation of business models is considered as optimization of resources using digital technologies. The most popular digital business models, as well as the essence and main advantages of using the digital platform are discussed in the article. Digital platform is the basis of the sharing economy, which is designed mainly for small and medium-sized business and is defined as a combination of horizontal business links and IT platform, where users exchange assets without the participation of major players or corporations. In Ukraine, the sharing economy is represented in several sectors among which transportation, financial sector and the medicine are the main ones. Sharing platforms are essentially the basis for such business models as Access-Over-ownership and On-demand. Access-Over-ownership one is focused on sharing physical things (housing, cars, machinery, equipment). The On-demand model is focused on the consumption of digital content. The e-commerce model, which is one-sided, is highlighted separately. The main types of business models in electronic business are considered, such as: affiliate marketing (clear distribution of responsibilities between the parties for the creation of the product and its advertising); Affinity club (cooperation with associated members and interest groups); Blockchain-based business models (business models based on blockchain technologies); Brokerage (mediation in the implementation of sales operations) etc. The distinctive features of business ecosystems and the main ways of monetizing digital business models are discussed. It is determined that modern digital business models are rarely found in pure form, to improve efficiency and competitiveness companies mostly use combined and modified models. Factors contributing to optimization and transformation of existing and developing new business models ubder digital transformation are identified as well as fundamental differences between traditional business models and digital platforms.

Non-Controlling Major Shareholders' Exit Threat and Corporate Financing Constraints

As an essential stakeholder of enterprises, the governance effect of non-controlling major shareholders’ exit threat has gradually attracted the attention of academia. Based on the data of China’s A-share listed companies from 2007 to 2021, this paper empirically tests the governance effect of non-controlling major shareholders on corporate financing constraints. The research results of this paper enrich the research on corporate financing constraints and reveal the effectiveness of non-controlling large shareholders’ exit threat on corporate financing constraints.

Investigating factors that impact employee turnover in the medical device industry in the United Arab Emirates

The United Arab Emirates (UAE) has established itself as the medical device industry's preferred regional center. Major multinational corporations either have a regional subsidiary or are planning to open up a principal office in the UAE to expand their business. Employees in the industry are in high demand as new opportunities open up frequently and that causes challenges to companies, namely employee turnover. This research helps bridge the gap found in the literature by investigating the factors that impact employee turnover in the medical device industry in the UAE. These factors were tested with their subsequent sub-factors. Using a quantitative approach, the study surveyed 230 participants from 47 medical device companies in the UAE. The result of one-way ANOVA demonstrated a significant relationship between employee salary and employee turnover. The linear regression analysis revealed that employee turnover had a statistically significant relationship with perceived external prestige, location, flextime, organizational justice, job satisfaction, organizational commitment, extrinsic rewards, career advancement, lack of alternatives, and constituent attachments. These findings indicate the need for a strategy utilizing these factors for existing and new medical device companies in the UAE to prevent high employee turnover or limit it at least.

From Hospitality Basics to Customer Value and Memorable Experiences: Evidence from Online Customer Reviews of the Major Cruise Line Corporations

From Hospitality Basics to Customer Value and Memorable Experiences: Evidence from Online Customer Reviews of the Major Cruise Line Corporations

A Study of Non-Controlling Major Shareholder Exit Threats and Corporate Internal Controls—Research on the regulatory effect of analysts attention

A Study of Non-Controlling Major Shareholder Exit Threats and Corporate Internal Controls—Research on the regulatory effect of analysts attention

Organization Structure Analysis by Network Analysis of Innovative Japanese Firms

In this paper, we will examine how innovation, which is the source of competitiveness of good companies, is managed in their organizational structure by combining patent-based network analysis, the Business Model Canvas, one of the tools for practical activities for new businesses, and the perspective of ISO 56000, and by analyzing Fujifilm's The analysis was conducted focusing on the period when Fujifilm underwent a major corporate transformation. As a result, we could distinguish between the organizational structure of the genus-based approach and the organizational structure of the organization-based approach based on the network diagram and the relationship between proximity centrality and eigenvector centrality. It was also suggested that a deeper analysis of new business development activities, e.g., "What aspects should be improved?" would be possible by overlaying the analysis results from the perspective of the Business Model Canvas and the ISO 56000 innovation management system.